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Dream Finders Homes, Inc.（DFH）与UFP INDUSTRIES INC（UFPI）财务数据对比。点击上方公司名可切换其他公司
UFP INDUSTRIES INC的季度营收约是Dream Finders Homes, Inc.的1.1倍（$1.3B vs $1.2B），Dream Finders Homes, Inc.净利率更高（4.8% vs 3.0%，领先1.8%），UFP INDUSTRIES INC同比增速更快（-9.0% vs -22.3%），Dream Finders Homes, Inc.自由现金流更多（$136.0M vs $82.7M），过去两年Dream Finders Homes, Inc.的营收复合增速更高（21.0% vs -9.9%）
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。
UFP工业是一家控股企业，业务覆盖零售、工业、建筑三大市场，总部位于美国密歇根州大急流城，1993年公开上市，旗下共有218家关联运营主体，面向零售、建筑、包装三大领域供应数万种产品。
DFH vs UFPI — 直观对比
营收规模更大
UFPI
是对方的1.1倍
$1.2B
营收增速更快
UFPI
高出13.2%
-22.3%
净利率更高
DFH
高出1.8%
3.0%
自由现金流更多
DFH
多$53.3M
$82.7M
两年增速更快
DFH
近两年复合增速
-9.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.3B |
| 净利润 | $58.8M | $40.0M |
| 毛利率 | — | 16.3% |
| 营业利润率 | 6.4% | 4.4% |
| 净利率 | 4.8% | 3.0% |
| 营收同比 | -22.3% | -9.0% |
| 净利润同比 | -54.9% | -41.3% |
| 每股收益（稀释后） | $0.57 | $0.71 |
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DFHUFPI
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $969.8M | $1.6B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | $989.9M | $1.6B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.1B | $1.9B | ||
| Q1 24 | $827.8M | $1.6B |
净利润DFHUFPI
| Q4 25 | $58.8M | $40.0M | ||
| Q3 25 | $47.0M | $75.3M | ||
| Q2 25 | $56.6M | $100.7M | ||
| Q1 25 | $54.9M | $78.8M | ||
| Q4 24 | $130.5M | $68.0M | ||
| Q3 24 | $70.7M | $99.8M | ||
| Q2 24 | $80.9M | $125.9M | ||
| Q1 24 | $54.5M | $120.8M |
毛利率DFHUFPI
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 16.8% | ||
| Q2 25 | — | 17.0% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | — | 16.4% | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | 19.2% | 19.1% | ||
| Q1 24 | 18.0% | 19.9% |
营业利润率DFHUFPI
| Q4 25 | 6.4% | 4.4% | ||
| Q3 25 | 6.3% | 5.7% | ||
| Q2 25 | 6.4% | 6.7% | ||
| Q1 25 | 7.2% | 5.8% | ||
| Q4 24 | 10.8% | 5.4% | ||
| Q3 24 | 9.2% | 7.3% | ||
| Q2 24 | 10.0% | 8.4% | ||
| Q1 24 | 8.6% | 8.2% |
净利率DFHUFPI
| Q4 25 | 4.8% | 3.0% | ||
| Q3 25 | 4.8% | 4.8% | ||
| Q2 25 | 4.9% | 5.5% | ||
| Q1 25 | 5.5% | 4.9% | ||
| Q4 24 | 8.4% | 4.7% | ||
| Q3 24 | 7.0% | 6.1% | ||
| Q2 24 | 7.7% | 6.6% | ||
| Q1 24 | 6.6% | 7.4% |
每股收益（稀释后）DFHUFPI
| Q4 25 | $0.57 | $0.71 | ||
| Q3 25 | $0.47 | $1.29 | ||
| Q2 25 | $0.56 | $1.70 | ||
| Q1 25 | $0.54 | $1.30 | ||
| Q4 24 | $1.28 | $1.12 | ||
| Q3 24 | $0.70 | $1.64 | ||
| Q2 24 | $0.81 | $2.05 | ||
| Q1 24 | $0.55 | $1.96 |
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 | $948.6M |
| 总债务越低越好 | $1.6B | $229.8M |
| 股东权益账面价值 | $1.4B | $3.1B |
| 总资产 | $3.7B | $4.0B |
| 负债/权益比越低杠杆越低 | 1.13× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资DFHUFPI
| Q4 25 | $234.8M | $948.6M | ||
| Q3 25 | $251.0M | $1.0B | ||
| Q2 25 | $210.3M | $874.0M | ||
| Q1 25 | $297.5M | $934.3M | ||
| Q4 24 | $274.4M | $1.2B | ||
| Q3 24 | $204.9M | $1.2B | ||
| Q2 24 | $274.8M | $1.1B | ||
| Q1 24 | $239.4M | $1.0B |
总债务DFHUFPI
| Q4 25 | $1.6B | $229.8M | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | $234.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DFHUFPI
| Q4 25 | $1.4B | $3.1B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $1.3B | $3.1B | ||
| Q1 25 | $1.3B | $3.2B | ||
| Q4 24 | $1.2B | $3.2B | ||
| Q3 24 | $1.1B | $3.2B | ||
| Q2 24 | $1.0B | $3.1B | ||
| Q1 24 | $968.7M | $3.1B |
总资产DFHUFPI
| Q4 25 | $3.7B | $4.0B | ||
| Q3 25 | $3.8B | $4.1B | ||
| Q2 25 | $3.7B | $4.1B | ||
| Q1 25 | $3.5B | $4.2B | ||
| Q4 24 | $3.3B | $4.2B | ||
| Q3 24 | $3.3B | $4.2B | ||
| Q2 24 | $3.0B | $4.1B | ||
| Q1 24 | $2.7B | $4.1B |
负债/权益比DFHUFPI
| Q4 25 | 1.13× | 0.08× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.03× | 0.07× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $146.6M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $82.7M |
| 自由现金流率自由现金流/营收 | 11.2% | 6.2% |
| 资本支出强度资本支出/营收 | 0.6% | 4.8% |
| 现金转化率经营现金流/净利润 | 2.44× | 3.67× |
| 过去12个月自由现金流最近4个季度 | $-126.4M | $276.4M |
8季度趋势，按日历期对齐
经营现金流DFHUFPI
| Q4 25 | $143.6M | $146.6M | ||
| Q3 25 | $-131.0M | $286.0M | ||
| Q2 25 | $-68.5M | $221.9M | ||
| Q1 25 | $-44.7M | $-108.8M | ||
| Q4 24 | $306.5M | $144.9M | ||
| Q3 24 | $-205.0M | $258.6M | ||
| Q2 24 | $-110.6M | $255.9M | ||
| Q1 24 | $-247.5M | $-16.8M |
自由现金流DFHUFPI
| Q4 25 | $136.0M | $82.7M | ||
| Q3 25 | $-135.7M | $210.2M | ||
| Q2 25 | $-78.8M | $159.5M | ||
| Q1 25 | $-47.9M | $-176.1M | ||
| Q4 24 | $302.6M | $78.1M | ||
| Q3 24 | $-222.5M | $199.7M | ||
| Q2 24 | $-112.4M | $198.4M | ||
| Q1 24 | $-249.6M | $-65.9M |
自由现金流率DFHUFPI
| Q4 25 | 11.2% | 6.2% | ||
| Q3 25 | -14.0% | 13.5% | ||
| Q2 25 | -6.8% | 8.7% | ||
| Q1 25 | -4.8% | -11.0% | ||
| Q4 24 | 19.4% | 5.3% | ||
| Q3 24 | -22.1% | 12.1% | ||
| Q2 24 | -10.6% | 10.4% | ||
| Q1 24 | -30.2% | -4.0% |
资本支出强度DFHUFPI
| Q4 25 | 0.6% | 4.8% | ||
| Q3 25 | 0.5% | 4.9% | ||
| Q2 25 | 0.9% | 3.4% | ||
| Q1 25 | 0.3% | 4.2% | ||
| Q4 24 | 0.3% | 4.6% | ||
| Q3 24 | 1.7% | 3.6% | ||
| Q2 24 | 0.2% | 3.0% | ||
| Q1 24 | 0.3% | 3.0% |
现金转化率DFHUFPI
| Q4 25 | 2.44× | 3.67× | ||
| Q3 25 | -2.79× | 3.80× | ||
| Q2 25 | -1.21× | 2.20× | ||
| Q1 25 | -0.81× | -1.38× | ||
| Q4 24 | 2.35× | 2.13× | ||
| Q3 24 | -2.90× | 2.59× | ||
| Q2 24 | -1.37× | 2.03× | ||
| Q1 24 | -4.54× | -0.14× |
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% |
UFPI
| Retail Segment | $444.0M | 33% |
| Structural Packaging | $230.2M | 17% |
| Factory Built | $189.7M | 14% |
| Site Built | $152.7M | 11% |
| Palletone Inc | $119.2M | 9% |
| Deckorators | $55.2M | 4% |
| Commercial | $53.2M | 4% |
| Concrete Forming | $44.2M | 3% |
| Transferred Over Time | $29.6M | 2% |
| Protective Packaging | $20.7M | 2% |
