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达尔科技（DIOD）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
达尔科技的季度营收约是Forestar Group Inc.的1.4倍（$391.6M vs $273.0M），Forestar Group Inc.净利率更高（5.6% vs 2.6%，领先3.0%），达尔科技同比增速更快（15.4% vs 9.0%），达尔科技自由现金流更多（$12.4M vs $-157.1M），过去两年达尔科技的营收复合增速更高（13.9% vs -9.6%）
达尔科技是一家全球性半导体制造商，主营分立器件、模拟及混合信号半导体产品的设计、生产与销售，产品广泛应用于汽车、工业、消费电子、计算及通信基础设施等核心领域，服务全球各地客户。
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。
DIOD vs FOR — 直观对比
营收规模更大
DIOD
是对方的1.4倍
$273.0M
营收增速更快
DIOD
高出6.4%
9.0%
净利率更高
FOR
高出3.0%
2.6%
自由现金流更多
DIOD
多$169.5M
$-157.1M
两年增速更快
DIOD
近两年复合增速
-9.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $391.6M | $273.0M |
| 净利润 | $10.2M | $15.4M |
| 毛利率 | 31.1% | 20.1% |
| 营业利润率 | 3.4% | 7.6% |
| 净利率 | 2.6% | 5.6% |
| 营收同比 | 15.4% | 9.0% |
| 净利润同比 | 23.8% | -6.7% |
| 每股收益（稀释后） | $0.23 | $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
营收DIODFOR
| Q4 25 | $391.6M | $273.0M | ||
| Q3 25 | $392.2M | $670.5M | ||
| Q2 25 | $366.2M | $390.5M | ||
| Q1 25 | $332.1M | $351.0M | ||
| Q4 24 | $339.3M | $250.4M | ||
| Q3 24 | $350.1M | $551.3M | ||
| Q2 24 | $319.8M | $318.4M | ||
| Q1 24 | $302.0M | $333.8M |
净利润DIODFOR
| Q4 25 | $10.2M | $15.4M | ||
| Q3 25 | $14.3M | $86.9M | ||
| Q2 25 | $46.1M | $32.9M | ||
| Q1 25 | $-4.4M | $31.6M | ||
| Q4 24 | $8.2M | $16.5M | ||
| Q3 24 | $13.7M | $81.5M | ||
| Q2 24 | $8.0M | $38.7M | ||
| Q1 24 | $14.0M | $45.0M |
毛利率DIODFOR
| Q4 25 | 31.1% | 20.1% | ||
| Q3 25 | 30.7% | 22.3% | ||
| Q2 25 | 31.5% | 20.4% | ||
| Q1 25 | 31.5% | 22.6% | ||
| Q4 24 | 32.7% | 22.0% | ||
| Q3 24 | 33.7% | 23.9% | ||
| Q2 24 | 33.6% | 22.5% | ||
| Q1 24 | 33.0% | 24.9% |
营业利润率DIODFOR
| Q4 25 | 3.4% | 7.6% | ||
| Q3 25 | 3.0% | 16.9% | ||
| Q2 25 | 2.6% | 11.2% | ||
| Q1 25 | 0.4% | 11.6% | ||
| Q4 24 | 3.5% | 8.7% | ||
| Q3 24 | 6.2% | 19.7% | ||
| Q2 24 | 1.2% | 16.2% | ||
| Q1 24 | 4.3% | 17.6% |
净利率DIODFOR
| Q4 25 | 2.6% | 5.6% | ||
| Q3 25 | 3.6% | 13.0% | ||
| Q2 25 | 12.6% | 8.4% | ||
| Q1 25 | -1.3% | 9.0% | ||
| Q4 24 | 2.4% | 6.6% | ||
| Q3 24 | 3.9% | 14.8% | ||
| Q2 24 | 2.5% | 12.2% | ||
| Q1 24 | 4.6% | 13.5% |
每股收益（稀释后）DIODFOR
| Q4 25 | $0.23 | $0.30 | ||
| Q3 25 | $0.31 | $1.70 | ||
| Q2 25 | $0.99 | $0.65 | ||
| Q1 25 | $-0.10 | $0.62 | ||
| Q4 24 | $0.18 | $0.32 | ||
| Q3 24 | $0.30 | $1.59 | ||
| Q2 24 | $0.17 | $0.76 | ||
| Q1 24 | $0.30 | $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 | $377.0M | $211.7M |
| 总债务越低越好 | $25.7M | $793.2M |
| 股东权益账面价值 | $1.9B | $1.8B |
| 总资产 | $2.4B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.01× | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资DIODFOR
| Q4 25 | $377.0M | $211.7M | ||
| Q3 25 | $386.4M | $379.2M | ||
| Q2 25 | $327.3M | $189.2M | ||
| Q1 25 | $343.9M | $174.3M | ||
| Q4 24 | $316.1M | $132.0M | ||
| Q3 24 | $319.3M | $481.2M | ||
| Q2 24 | $273.9M | $359.2M | ||
| Q1 24 | $276.0M | $416.2M |
总债务DIODFOR
| Q4 25 | $25.7M | $793.2M | ||
| Q3 25 | $24.9M | $802.7M | ||
| Q2 25 | $26.4M | $872.8M | ||
| Q1 25 | $20.5M | $872.5M | ||
| Q4 24 | $20.7M | $806.8M | ||
| Q3 24 | $22.2M | $706.4M | ||
| Q2 24 | $20.3M | $706.1M | ||
| Q1 24 | $20.9M | $705.7M |
股东权益DIODFOR
| Q4 25 | $1.9B | $1.8B | ||
| Q3 25 | $1.9B | $1.8B | ||
| Q2 25 | $1.9B | $1.7B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.8B | $1.5B | ||
| Q1 24 | $1.7B | $1.5B |
总资产DIODFOR
| Q4 25 | $2.4B | $3.2B | ||
| Q3 25 | $2.5B | $3.1B | ||
| Q2 25 | $2.5B | $3.1B | ||
| Q1 25 | $2.4B | $3.0B | ||
| Q4 24 | $2.4B | $3.0B | ||
| Q3 24 | $2.4B | $2.8B | ||
| Q2 24 | $2.4B | $2.7B | ||
| Q1 24 | $2.4B | $2.6B |
负债/权益比DIODFOR
| Q4 25 | 0.01× | 0.44× | ||
| Q3 25 | 0.01× | 0.45× | ||
| Q2 25 | 0.01× | 0.52× | ||
| Q1 25 | 0.01× | 0.53× | ||
| Q4 24 | 0.01× | 0.50× | ||
| Q3 24 | 0.01× | 0.44× | ||
| Q2 24 | 0.01× | 0.47× | ||
| Q1 24 | 0.01× | 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 | $38.1M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $12.4M | $-157.1M |
| 自由现金流率自由现金流/营收 | 3.2% | -57.5% |
| 资本支出强度资本支出/营收 | 6.6% | 0.0% |
| 现金转化率经营现金流/净利润 | 3.74× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $137.2M | $93.0M |
8季度趋势，按日历期对齐
经营现金流DIODFOR
| Q4 25 | $38.1M | $-157.0M | ||
| Q3 25 | $79.1M | $256.3M | ||
| Q2 25 | $41.5M | $15.8M | ||
| Q1 25 | $56.7M | $-19.8M | ||
| Q4 24 | $81.8M | $-450.0M | ||
| Q3 24 | $54.4M | $119.2M | ||
| Q2 24 | $14.4M | $-61.7M | ||
| Q1 24 | $-31.1M | $-59.2M |
自由现金流DIODFOR
| Q4 25 | $12.4M | $-157.1M | ||
| Q3 25 | $62.8M | $255.6M | ||
| Q2 25 | $21.1M | $15.0M | ||
| Q1 25 | $40.8M | $-20.5M | ||
| Q4 24 | $62.1M | — | ||
| Q3 24 | $39.4M | $118.4M | ||
| Q2 24 | $-3.5M | $-62.3M | ||
| Q1 24 | $-51.5M | $-59.8M |
自由现金流率DIODFOR
| Q4 25 | 3.2% | -57.5% | ||
| Q3 25 | 16.0% | 38.1% | ||
| Q2 25 | 5.8% | 3.8% | ||
| Q1 25 | 12.3% | -5.8% | ||
| Q4 24 | 18.3% | — | ||
| Q3 24 | 11.2% | 21.5% | ||
| Q2 24 | -1.1% | -19.6% | ||
| Q1 24 | -17.1% | -17.9% |
资本支出强度DIODFOR
| Q4 25 | 6.6% | 0.0% | ||
| Q3 25 | 4.2% | 0.1% | ||
| Q2 25 | 5.6% | 0.2% | ||
| Q1 25 | 4.8% | 0.2% | ||
| Q4 24 | 5.8% | 0.0% | ||
| Q3 24 | 4.3% | 0.1% | ||
| Q2 24 | 5.6% | 0.2% | ||
| Q1 24 | 6.7% | 0.2% |
现金转化率DIODFOR
| Q4 25 | 3.74× | -10.19× | ||
| Q3 25 | 5.54× | 2.95× | ||
| Q2 25 | 0.90× | 0.48× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | 9.93× | -27.27× | ||
| Q3 24 | 3.95× | 1.46× | ||
| Q2 24 | 1.80× | -1.59× | ||
| Q1 24 | -2.22× | -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
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
