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Dream Finders Homes, Inc.（DFH）与RUSH ENTERPRISES INC \TX\（RUSHA）财务数据对比。点击上方公司名可切换其他公司
RUSH ENTERPRISES INC \TX\的季度营收约是Dream Finders Homes, Inc.的1.4倍（$1.7B vs $1.2B），Dream Finders Homes, Inc.净利率更高（4.8% vs 3.7%，领先1.2%），RUSH ENTERPRISES INC \TX\同比增速更快（-9.0% vs -22.3%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $136.0M），过去两年Dream Finders Homes, Inc.的营收复合增速更高（21.0% vs -6.8%）
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。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
DFH vs RUSHA — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.7B |
| 净利润 | $58.8M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 6.4% | 4.9% |
| 净利率 | 4.8% | 3.7% |
| 营收同比 | -22.3% | -9.0% |
| 净利润同比 | -54.9% | 1.8% |
| 每股收益（稀释后） | $0.57 | $0.77 |
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
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.2B | $1.7B | ||
| Q3 25 | $969.8M | $1.8B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | $989.9M | $1.8B | ||
| Q4 24 | $1.6B | $1.9B | ||
| Q3 24 | $1.0B | $1.8B | ||
| Q2 24 | $1.1B | $1.9B |
| Q1 26 | — | $61.7M | ||
| Q4 25 | $58.8M | $64.3M | ||
| Q3 25 | $47.0M | $66.7M | ||
| Q2 25 | $56.6M | $72.4M | ||
| Q1 25 | $54.9M | $60.3M | ||
| Q4 24 | $130.5M | $74.8M | ||
| Q3 24 | $70.7M | $79.1M | ||
| Q2 24 | $80.9M | $78.7M |
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | 19.2% | 20.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 6.4% | 5.5% | ||
| Q3 25 | 6.3% | 5.6% | ||
| Q2 25 | 6.4% | 6.0% | ||
| Q1 25 | 7.2% | 5.2% | ||
| Q4 24 | 10.8% | 5.8% | ||
| Q3 24 | 9.2% | 6.7% | ||
| Q2 24 | 10.0% | 6.4% |
| Q1 26 | — | 3.7% | ||
| Q4 25 | 4.8% | 3.8% | ||
| Q3 25 | 4.8% | 3.7% | ||
| Q2 25 | 4.9% | 3.9% | ||
| Q1 25 | 5.5% | 3.4% | ||
| Q4 24 | 8.4% | 3.9% | ||
| Q3 24 | 7.0% | 4.4% | ||
| Q2 24 | 7.7% | 4.1% |
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.57 | $0.81 | ||
| Q3 25 | $0.47 | $0.83 | ||
| Q2 25 | $0.56 | $0.90 | ||
| Q1 25 | $0.54 | $0.73 | ||
| Q4 24 | $1.28 | $-95.13 | ||
| Q3 24 | $0.70 | $0.97 | ||
| Q2 24 | $0.81 | $97.00 |
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 | — |
| 总债务越低越好 | $1.6B | $277.8M |
| 股东权益账面价值 | $1.4B | $2.3B |
| 总资产 | $3.7B | $4.5B |
| 负债/权益比越低杠杆越低 | 1.13× | 0.12× |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $234.8M | $212.6M | ||
| Q3 25 | $251.0M | $242.0M | ||
| Q2 25 | $210.3M | $211.1M | ||
| Q1 25 | $297.5M | $228.7M | ||
| Q4 24 | $274.4M | $228.1M | ||
| Q3 24 | $204.9M | $185.1M | ||
| Q2 24 | $274.8M | $167.3M |
| Q1 26 | — | $277.8M | ||
| Q4 25 | $1.6B | $274.8M | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.4B | $2.2B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.2B | $2.1B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $1.0B | $2.0B |
| Q1 26 | — | $4.5B | ||
| Q4 25 | $3.7B | $4.4B | ||
| Q3 25 | $3.8B | $4.6B | ||
| Q2 25 | $3.7B | $4.7B | ||
| Q1 25 | $3.5B | $4.7B | ||
| Q4 24 | $3.3B | $4.6B | ||
| Q3 24 | $3.3B | $4.6B | ||
| Q2 24 | $3.0B | $4.5B |
| Q1 26 | — | 0.12× | ||
| Q4 25 | 1.13× | 0.12× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.03× | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $411.6M |
| 自由现金流率自由现金流/营收 | 11.2% | 24.4% |
| 资本支出强度资本支出/营收 | 0.6% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.44× | — |
| 过去12个月自由现金流最近4个季度 | $-126.4M | $828.4M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $143.6M | $112.9M | ||
| Q3 25 | $-131.0M | $367.8M | ||
| Q2 25 | $-68.5M | $227.6M | ||
| Q1 25 | $-44.7M | $153.5M | ||
| Q4 24 | $306.5M | $392.3M | ||
| Q3 24 | $-205.0M | $111.7M | ||
| Q2 24 | $-110.6M | $270.6M |
| Q1 26 | — | $411.6M | ||
| Q4 25 | $136.0M | $31.9M | ||
| Q3 25 | $-135.7M | $271.2M | ||
| Q2 25 | $-78.8M | $113.8M | ||
| Q1 25 | $-47.9M | $45.1M | ||
| Q4 24 | $302.6M | $263.5M | ||
| Q3 24 | $-222.5M | $-20.0M | ||
| Q2 24 | $-112.4M | $177.2M |
| Q1 26 | — | 24.4% | ||
| Q4 25 | 11.2% | 1.9% | ||
| Q3 25 | -14.0% | 15.2% | ||
| Q2 25 | -6.8% | 6.2% | ||
| Q1 25 | -4.8% | 2.6% | ||
| Q4 24 | 19.4% | 13.7% | ||
| Q3 24 | -22.1% | -1.1% | ||
| Q2 24 | -10.6% | 9.1% |
| Q1 26 | — | 2.0% | ||
| Q4 25 | 0.6% | 4.8% | ||
| Q3 25 | 0.5% | 5.4% | ||
| Q2 25 | 0.9% | 6.2% | ||
| Q1 25 | 0.3% | 6.2% | ||
| Q4 24 | 0.3% | 6.7% | ||
| Q3 24 | 1.7% | 7.3% | ||
| Q2 24 | 0.2% | 4.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.44× | 1.75× | ||
| Q3 25 | -2.79× | 5.51× | ||
| Q2 25 | -1.21× | 3.14× | ||
| Q1 25 | -0.81× | 2.55× | ||
| Q4 24 | 2.35× | 5.25× | ||
| Q3 24 | -2.90× | 1.41× | ||
| Q2 24 | -1.37× | 3.44× |
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% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
