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Donnelley Financial Solutions, Inc.（DFIN）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Forestar Group Inc.的季度营收约是Donnelley Financial Solutions, Inc.的1.6倍（$273.0M vs $172.5M），Forestar Group Inc.净利率更高（5.6% vs 3.6%，领先2.0%），Donnelley Financial Solutions, Inc.同比增速更快（10.4% vs 9.0%），Donnelley Financial Solutions, Inc.自由现金流更多（$47.9M vs $-157.1M），过去两年Donnelley Financial Solutions, Inc.的营收复合增速更高（-7.9% vs -9.6%）
唐nelley金融解决方案（DFIN）是一家总部位于美国伊利诺伊州芝加哥市的金融合规企业，面向资本市场与投资市场的各类企业，提供符合美国监管要求的软件即服务产品、软件赋能服务、印刷业务及合规相关服务，助力客户满足合规要求。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
DFIN vs FOR — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $172.5M | $273.0M |
| 净利润 | $6.2M | $15.4M |
| 毛利率 | — | 20.1% |
| 营业利润率 | 8.3% | 7.6% |
| 净利率 | 3.6% | 5.6% |
| 营收同比 | 10.4% | 9.0% |
| 净利润同比 | -1.6% | -6.7% |
| 每股收益（稀释后） | $0.31 | $0.30 |
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
| Q4 25 | $172.5M | $273.0M | ||
| Q3 25 | $175.3M | $670.5M | ||
| Q2 25 | $218.1M | $390.5M | ||
| Q1 25 | $201.1M | $351.0M | ||
| Q4 24 | $156.3M | $250.4M | ||
| Q3 24 | $179.5M | $551.3M | ||
| Q2 24 | $242.7M | $318.4M | ||
| Q1 24 | $203.4M | $333.8M |
| Q4 25 | $6.2M | $15.4M | ||
| Q3 25 | $-40.9M | $86.9M | ||
| Q2 25 | $36.1M | $32.9M | ||
| Q1 25 | $31.0M | $31.6M | ||
| Q4 24 | $6.3M | $16.5M | ||
| Q3 24 | $8.7M | $81.5M | ||
| Q2 24 | $44.1M | $38.7M | ||
| Q1 24 | $33.3M | $45.0M |
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 22.5% | ||
| Q1 24 | — | 24.9% |
| Q4 25 | 8.3% | 7.6% | ||
| Q3 25 | 16.1% | 16.9% | ||
| Q2 25 | 24.2% | 11.2% | ||
| Q1 25 | 22.8% | 11.6% | ||
| Q4 24 | 6.0% | 8.7% | ||
| Q3 24 | 10.1% | 19.7% | ||
| Q2 24 | 26.6% | 16.2% | ||
| Q1 24 | 21.9% | 17.6% |
| Q4 25 | 3.6% | 5.6% | ||
| Q3 25 | -23.3% | 13.0% | ||
| Q2 25 | 16.6% | 8.4% | ||
| Q1 25 | 15.4% | 9.0% | ||
| Q4 24 | 4.0% | 6.6% | ||
| Q3 24 | 4.8% | 14.8% | ||
| Q2 24 | 18.2% | 12.2% | ||
| Q1 24 | 16.4% | 13.5% |
| Q4 25 | $0.31 | $0.30 | ||
| Q3 25 | $-1.49 | $1.70 | ||
| Q2 25 | $1.28 | $0.65 | ||
| Q1 25 | $1.05 | $0.62 | ||
| Q4 24 | $0.21 | $0.32 | ||
| Q3 24 | $0.29 | $1.59 | ||
| Q2 24 | $1.47 | $0.76 | ||
| Q1 24 | $1.09 | $0.89 |
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 | $24.5M | $211.7M |
| 总债务越低越好 | $171.3M | $793.2M |
| 股东权益账面价值 | $379.2M | $1.8B |
| 总资产 | $800.4M | $3.2B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.44× |
8季度趋势，按日历期对齐
| Q4 25 | $24.5M | $211.7M | ||
| Q3 25 | $22.7M | $379.2M | ||
| Q2 25 | $33.8M | $189.2M | ||
| Q1 25 | $16.2M | $174.3M | ||
| Q4 24 | $57.3M | $132.0M | ||
| Q3 24 | $33.6M | $481.2M | ||
| Q2 24 | $35.0M | $359.2M | ||
| Q1 24 | $43.7M | $416.2M |
| Q4 25 | $171.3M | $793.2M | ||
| Q3 25 | $154.7M | $802.7M | ||
| Q2 25 | $190.1M | $872.8M | ||
| Q1 25 | $189.5M | $872.5M | ||
| Q4 24 | $124.7M | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
| Q4 25 | $379.2M | $1.8B | ||
| Q3 25 | $423.1M | $1.8B | ||
| Q2 25 | $432.1M | $1.7B | ||
| Q1 25 | $419.9M | $1.6B | ||
| Q4 24 | $436.1M | $1.6B | ||
| Q3 24 | $444.5M | $1.6B | ||
| Q2 24 | $441.5M | $1.5B | ||
| Q1 24 | $408.9M | $1.5B |
| Q4 25 | $800.4M | $3.2B | ||
| Q3 25 | $816.3M | $3.1B | ||
| Q2 25 | $874.7M | $3.1B | ||
| Q1 25 | $852.8M | $3.0B | ||
| Q4 24 | $841.6M | $3.0B | ||
| Q3 24 | $843.6M | $2.8B | ||
| Q2 24 | $882.9M | $2.7B | ||
| Q1 24 | $867.8M | $2.6B |
| Q4 25 | 0.45× | 0.44× | ||
| Q3 25 | 0.37× | 0.45× | ||
| Q2 25 | 0.44× | 0.52× | ||
| Q1 25 | 0.45× | 0.53× | ||
| Q4 24 | 0.29× | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $59.8M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $-157.1M |
| 自由现金流率自由现金流/营收 | 27.8% | -57.5% |
| 资本支出强度资本支出/营收 | 6.9% | 0.0% |
| 现金转化率经营现金流/净利润 | 9.65× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $107.8M | $93.0M |
8季度趋势，按日历期对齐
| Q4 25 | $59.8M | $-157.0M | ||
| Q3 25 | $74.4M | $256.3M | ||
| Q2 25 | $68.4M | $15.8M | ||
| Q1 25 | $-37.7M | $-19.8M | ||
| Q4 24 | $56.4M | $-450.0M | ||
| Q3 24 | $86.4M | $119.2M | ||
| Q2 24 | $56.2M | $-61.7M | ||
| Q1 24 | $-27.9M | $-59.2M |
| Q4 25 | $47.9M | $-157.1M | ||
| Q3 25 | $59.2M | $255.6M | ||
| Q2 25 | $51.7M | $15.0M | ||
| Q1 25 | $-51.0M | $-20.5M | ||
| Q4 24 | $41.3M | — | ||
| Q3 24 | $67.3M | $118.4M | ||
| Q2 24 | $36.8M | $-62.3M | ||
| Q1 24 | $-40.2M | $-59.8M |
| Q4 25 | 27.8% | -57.5% | ||
| Q3 25 | 33.8% | 38.1% | ||
| Q2 25 | 23.7% | 3.8% | ||
| Q1 25 | -25.4% | -5.8% | ||
| Q4 24 | 26.4% | — | ||
| Q3 24 | 37.5% | 21.5% | ||
| Q2 24 | 15.2% | -19.6% | ||
| Q1 24 | -19.8% | -17.9% |
| Q4 25 | 6.9% | 0.0% | ||
| Q3 25 | 8.7% | 0.1% | ||
| Q2 25 | 7.7% | 0.2% | ||
| Q1 25 | 6.6% | 0.2% | ||
| Q4 24 | 9.7% | 0.0% | ||
| Q3 24 | 10.6% | 0.1% | ||
| Q2 24 | 8.0% | 0.2% | ||
| Q1 24 | 6.0% | 0.2% |
| Q4 25 | 9.65× | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | 1.89× | 0.48× | ||
| Q1 25 | -1.22× | -0.63× | ||
| Q4 24 | 8.95× | -27.27× | ||
| Q3 24 | 9.93× | 1.46× | ||
| Q2 24 | 1.27× | -1.59× | ||
| Q1 24 | -0.84× | -1.32× |
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
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
