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Dream Finders Homes, Inc.（DFH）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
Dream Finders Homes, Inc.的季度营收约是越洋钻探的1.2倍（$1.2B vs $1.0B），Dream Finders Homes, Inc.净利率更高（4.8% vs 2.4%，领先2.5%），越洋钻探同比增速更快（9.6% vs -22.3%），越洋钻探自由现金流更多（$321.0M vs $136.0M），过去两年Dream Finders Homes, Inc.的营收复合增速更高（21.0% vs 16.9%）
美国住宅建筑商Dream Finders Homes主要建造并销售独栋住宅、联排别墅等覆盖入门级到高端档次的居住物业，业务布局美国多个高速增长区域，同时为购房者提供按揭融资、产权保险、房屋保修等配套服务，覆盖各类客户群体。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
DFH vs RIG — 直观对比
营收规模更大
DFH
是对方的1.2倍
$1.0B
营收增速更快
RIG
高出31.8%
-22.3%
净利率更高
DFH
高出2.5%
2.4%
自由现金流更多
RIG
多$185.0M
$136.0M
两年增速更快
DFH
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.0B |
| 净利润 | $58.8M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 6.4% | 23.0% |
| 净利率 | 4.8% | 2.4% |
| 营收同比 | -22.3% | 9.6% |
| 净利润同比 | -54.9% | 257.1% |
| 每股收益（稀释后） | $0.57 | $0.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DFHRIG
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $969.8M | $1.0B | ||
| Q2 25 | $1.2B | $988.0M | ||
| Q1 25 | $989.9M | $906.0M | ||
| Q4 24 | $1.6B | $952.0M | ||
| Q3 24 | $1.0B | $948.0M | ||
| Q2 24 | $1.1B | $861.0M | ||
| Q1 24 | $827.8M | $763.0M |
净利润DFHRIG
| Q4 25 | $58.8M | $25.0M | ||
| Q3 25 | $47.0M | $-1.9B | ||
| Q2 25 | $56.6M | $-938.0M | ||
| Q1 25 | $54.9M | $-79.0M | ||
| Q4 24 | $130.5M | $7.0M | ||
| Q3 24 | $70.7M | $-494.0M | ||
| Q2 24 | $80.9M | $-123.0M | ||
| Q1 24 | $54.5M | $98.0M |
毛利率DFHRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | 19.2% | 38.0% | ||
| Q1 24 | 18.0% | 31.5% |
营业利润率DFHRIG
| Q4 25 | 6.4% | 23.0% | ||
| Q3 25 | 6.3% | -163.1% | ||
| Q2 25 | 6.4% | -97.6% | ||
| Q1 25 | 7.2% | 7.1% | ||
| Q4 24 | 10.8% | 13.7% | ||
| Q3 24 | 9.2% | -51.2% | ||
| Q2 24 | 10.0% | -6.9% | ||
| Q1 24 | 8.6% | -0.4% |
净利率DFHRIG
| Q4 25 | 4.8% | 2.4% | ||
| Q3 25 | 4.8% | -187.1% | ||
| Q2 25 | 4.9% | -94.9% | ||
| Q1 25 | 5.5% | -8.7% | ||
| Q4 24 | 8.4% | 0.7% | ||
| Q3 24 | 7.0% | -52.1% | ||
| Q2 24 | 7.7% | -14.3% | ||
| Q1 24 | 6.6% | 12.8% |
每股收益（稀释后）DFHRIG
| Q4 25 | $0.57 | $0.13 | ||
| Q3 25 | $0.47 | $-2.00 | ||
| Q2 25 | $0.56 | $-1.06 | ||
| Q1 25 | $0.54 | $-0.11 | ||
| Q4 24 | $1.28 | $-0.14 | ||
| Q3 24 | $0.70 | $-0.58 | ||
| Q2 24 | $0.81 | $-0.15 | ||
| Q1 24 | $0.55 | $0.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $234.8M | $620.0M |
| 总债务越低越好 | $1.6B | $5.2B |
| 股东权益账面价值 | $1.4B | $8.1B |
| 总资产 | $3.7B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.13× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资DFHRIG
| Q4 25 | $234.8M | $620.0M | ||
| Q3 25 | $251.0M | $833.0M | ||
| Q2 25 | $210.3M | $377.0M | ||
| Q1 25 | $297.5M | $263.0M | ||
| Q4 24 | $274.4M | $560.0M | ||
| Q3 24 | $204.9M | $435.0M | ||
| Q2 24 | $274.8M | $475.0M | ||
| Q1 24 | $239.4M | $446.0M |
总债务DFHRIG
| Q4 25 | $1.6B | $5.2B | ||
| Q3 25 | $1.8B | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | $1.3B | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益DFHRIG
| Q4 25 | $1.4B | $8.1B | ||
| Q3 25 | $1.4B | $8.1B | ||
| Q2 25 | $1.3B | $9.4B | ||
| Q1 25 | $1.3B | $10.2B | ||
| Q4 24 | $1.2B | $10.3B | ||
| Q3 24 | $1.1B | $10.2B | ||
| Q2 24 | $1.0B | $10.7B | ||
| Q1 24 | $968.7M | $10.5B |
总资产DFHRIG
| Q4 25 | $3.7B | $15.6B | ||
| Q3 25 | $3.8B | $16.2B | ||
| Q2 25 | $3.7B | $17.8B | ||
| Q1 25 | $3.5B | $19.0B | ||
| Q4 24 | $3.3B | $19.4B | ||
| Q3 24 | $3.3B | $19.5B | ||
| Q2 24 | $3.0B | $20.3B | ||
| Q1 24 | $2.7B | $19.9B |
负债/权益比DFHRIG
| Q4 25 | 1.13× | 0.64× | ||
| Q3 25 | 1.29× | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 1.03× | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $143.6M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $321.0M |
| 自由现金流率自由现金流/营收 | 11.2% | 30.8% |
| 资本支出强度资本支出/营收 | 0.6% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.44× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $-126.4M | $626.0M |
8季度趋势，按日历期对齐
经营现金流DFHRIG
| Q4 25 | $143.6M | $349.0M | ||
| Q3 25 | $-131.0M | $246.0M | ||
| Q2 25 | $-68.5M | $128.0M | ||
| Q1 25 | $-44.7M | $26.0M | ||
| Q4 24 | $306.5M | $206.0M | ||
| Q3 24 | $-205.0M | $194.0M | ||
| Q2 24 | $-110.6M | $133.0M | ||
| Q1 24 | $-247.5M | $-86.0M |
自由现金流DFHRIG
| Q4 25 | $136.0M | $321.0M | ||
| Q3 25 | $-135.7M | $235.0M | ||
| Q2 25 | $-78.8M | $104.0M | ||
| Q1 25 | $-47.9M | $-34.0M | ||
| Q4 24 | $302.6M | $177.0M | ||
| Q3 24 | $-222.5M | $136.0M | ||
| Q2 24 | $-112.4M | $49.0M | ||
| Q1 24 | $-249.6M | $-169.0M |
自由现金流率DFHRIG
| Q4 25 | 11.2% | 30.8% | ||
| Q3 25 | -14.0% | 22.9% | ||
| Q2 25 | -6.8% | 10.5% | ||
| Q1 25 | -4.8% | -3.8% | ||
| Q4 24 | 19.4% | 18.6% | ||
| Q3 24 | -22.1% | 14.3% | ||
| Q2 24 | -10.6% | 5.7% | ||
| Q1 24 | -30.2% | -22.1% |
资本支出强度DFHRIG
| Q4 25 | 0.6% | 2.7% | ||
| Q3 25 | 0.5% | 1.1% | ||
| Q2 25 | 0.9% | 2.4% | ||
| Q1 25 | 0.3% | 6.6% | ||
| Q4 24 | 0.3% | 3.0% | ||
| Q3 24 | 1.7% | 6.1% | ||
| Q2 24 | 0.2% | 9.8% | ||
| Q1 24 | 0.3% | 10.9% |
现金转化率DFHRIG
| Q4 25 | 2.44× | 13.96× | ||
| Q3 25 | -2.79× | — | ||
| Q2 25 | -1.21× | — | ||
| Q1 25 | -0.81× | — | ||
| Q4 24 | 2.35× | 29.43× | ||
| Q3 24 | -2.90× | — | ||
| Q2 24 | -1.37× | — | ||
| Q1 24 | -4.54× | -0.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
