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达尔科技（DIOD）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是达尔科技的1.2倍（$461.6M vs $391.6M），RBC Bearings INC净利率更高（14.6% vs 2.6%，领先12.0%），RBC Bearings INC同比增速更快（17.0% vs 15.4%），RBC Bearings INC自由现金流更多（$99.1M vs $12.4M），过去两年达尔科技的营收复合增速更高（13.9% vs 5.6%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
DIOD vs RBC — 直观对比
营收规模更大
RBC
是对方的1.2倍
$391.6M
营收增速更快
RBC
高出1.6%
15.4%
净利率更高
RBC
高出12.0%
2.6%
自由现金流更多
RBC
多$86.7M
$12.4M
两年增速更快
DIOD
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $391.6M | $461.6M |
| 净利润 | $10.2M | $67.4M |
| 毛利率 | 31.1% | 44.3% |
| 营业利润率 | 3.4% | 22.3% |
| 净利率 | 2.6% | 14.6% |
| 营收同比 | 15.4% | 17.0% |
| 净利润同比 | 23.8% | 16.4% |
| 每股收益（稀释后） | $0.23 | $2.13 |
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DIODRBC
| Q4 25 | $391.6M | $461.6M | ||
| Q3 25 | $392.2M | $455.3M | ||
| Q2 25 | $366.2M | $436.0M | ||
| Q1 25 | $332.1M | $437.7M | ||
| Q4 24 | $339.3M | $394.4M | ||
| Q3 24 | $350.1M | $397.9M | ||
| Q2 24 | $319.8M | $406.3M | ||
| Q1 24 | $302.0M | $413.7M |
净利润DIODRBC
| Q4 25 | $10.2M | $67.4M | ||
| Q3 25 | $14.3M | $60.0M | ||
| Q2 25 | $46.1M | $68.5M | ||
| Q1 25 | $-4.4M | $72.7M | ||
| Q4 24 | $8.2M | $57.9M | ||
| Q3 24 | $13.7M | $54.2M | ||
| Q2 24 | $8.0M | $61.4M | ||
| Q1 24 | $14.0M | — |
毛利率DIODRBC
| Q4 25 | 31.1% | 44.3% | ||
| Q3 25 | 30.7% | 44.1% | ||
| Q2 25 | 31.5% | 44.8% | ||
| Q1 25 | 31.5% | 44.2% | ||
| Q4 24 | 32.7% | 44.3% | ||
| Q3 24 | 33.7% | 43.7% | ||
| Q2 24 | 33.6% | 45.3% | ||
| Q1 24 | 33.0% | 43.1% |
营业利润率DIODRBC
| Q4 25 | 3.4% | 22.3% | ||
| Q3 25 | 3.0% | 21.5% | ||
| Q2 25 | 2.6% | 23.2% | ||
| Q1 25 | 0.4% | 23.0% | ||
| Q4 24 | 3.5% | 21.7% | ||
| Q3 24 | 6.2% | 21.6% | ||
| Q2 24 | 1.2% | 24.0% | ||
| Q1 24 | 4.3% | 22.8% |
净利率DIODRBC
| Q4 25 | 2.6% | 14.6% | ||
| Q3 25 | 3.6% | 13.2% | ||
| Q2 25 | 12.6% | 15.7% | ||
| Q1 25 | -1.3% | 16.6% | ||
| Q4 24 | 2.4% | 14.7% | ||
| Q3 24 | 3.9% | 13.6% | ||
| Q2 24 | 2.5% | 15.1% | ||
| Q1 24 | 4.6% | — |
每股收益（稀释后）DIODRBC
| Q4 25 | $0.23 | $2.13 | ||
| Q3 25 | $0.31 | $1.90 | ||
| Q2 25 | $0.99 | $2.17 | ||
| Q1 25 | $-0.10 | $2.33 | ||
| Q4 24 | $0.18 | $1.82 | ||
| Q3 24 | $0.30 | $1.65 | ||
| Q2 24 | $0.17 | $1.90 | ||
| Q1 24 | $0.30 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $25.7M | $990.2M |
| 股东权益账面价值 | $1.9B | $3.3B |
| 总资产 | $2.4B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.01× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资DIODRBC
| Q4 25 | $377.0M | $107.6M | ||
| Q3 25 | $386.4M | $91.2M | ||
| Q2 25 | $327.3M | $132.9M | ||
| Q1 25 | $343.9M | $36.8M | ||
| Q4 24 | $316.1M | — | ||
| Q3 24 | $319.3M | — | ||
| Q2 24 | $273.9M | $76.8M | ||
| Q1 24 | $276.0M | $63.5M |
总债务DIODRBC
| Q4 25 | $25.7M | $990.2M | ||
| Q3 25 | $24.9M | $1.1B | ||
| Q2 25 | $26.4M | $915.6M | ||
| Q1 25 | $20.5M | $920.1M | ||
| Q4 24 | $20.7M | — | ||
| Q3 24 | $22.2M | — | ||
| Q2 24 | $20.3M | — | ||
| Q1 24 | $20.9M | $1.2B |
股东权益DIODRBC
| Q4 25 | $1.9B | $3.3B | ||
| Q3 25 | $1.9B | $3.2B | ||
| Q2 25 | $1.9B | $3.1B | ||
| Q1 25 | $1.8B | $3.0B | ||
| Q4 24 | $1.8B | $2.9B | ||
| Q3 24 | $1.8B | $2.9B | ||
| Q2 24 | $1.8B | $2.8B | ||
| Q1 24 | $1.7B | $2.8B |
总资产DIODRBC
| Q4 25 | $2.4B | $5.1B | ||
| Q3 25 | $2.5B | $5.1B | ||
| Q2 25 | $2.5B | $4.8B | ||
| Q1 25 | $2.4B | $4.7B | ||
| Q4 24 | $2.4B | $4.7B | ||
| Q3 24 | $2.4B | $4.7B | ||
| Q2 24 | $2.4B | $4.7B | ||
| Q1 24 | $2.4B | $4.7B |
负债/权益比DIODRBC
| Q4 25 | 0.01× | 0.30× | ||
| Q3 25 | 0.01× | 0.34× | ||
| Q2 25 | 0.01× | 0.29× | ||
| Q1 25 | 0.01× | 0.30× | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | 0.01× | — | ||
| Q1 24 | 0.01× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $12.4M | $99.1M |
| 自由现金流率自由现金流/营收 | 3.2% | 21.5% |
| 资本支出强度资本支出/营收 | 6.6% | 5.0% |
| 现金转化率经营现金流/净利润 | 3.74× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $137.2M | — |
8季度趋势，按日历期对齐
经营现金流DIODRBC
| Q4 25 | $38.1M | $122.1M | ||
| Q3 25 | $79.1M | $88.4M | ||
| Q2 25 | $41.5M | $120.0M | ||
| Q1 25 | $56.7M | — | ||
| Q4 24 | $81.8M | $84.0M | ||
| Q3 24 | $54.4M | — | ||
| Q2 24 | $14.4M | $97.4M | ||
| Q1 24 | $-31.1M | — |
自由现金流DIODRBC
| Q4 25 | $12.4M | $99.1M | ||
| Q3 25 | $62.8M | $71.7M | ||
| Q2 25 | $21.1M | $104.3M | ||
| Q1 25 | $40.8M | — | ||
| Q4 24 | $62.1M | $73.6M | ||
| Q3 24 | $39.4M | — | ||
| Q2 24 | $-3.5M | $88.4M | ||
| Q1 24 | $-51.5M | — |
自由现金流率DIODRBC
| Q4 25 | 3.2% | 21.5% | ||
| Q3 25 | 16.0% | 15.7% | ||
| Q2 25 | 5.8% | 23.9% | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 18.3% | 18.7% | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | -1.1% | 21.8% | ||
| Q1 24 | -17.1% | — |
资本支出强度DIODRBC
| Q4 25 | 6.6% | 5.0% | ||
| Q3 25 | 4.2% | 3.7% | ||
| Q2 25 | 5.6% | 3.6% | ||
| Q1 25 | 4.8% | 3.2% | ||
| Q4 24 | 5.8% | 2.6% | ||
| Q3 24 | 4.3% | 4.1% | ||
| Q2 24 | 5.6% | 2.2% | ||
| Q1 24 | 6.7% | — |
现金转化率DIODRBC
| Q4 25 | 3.74× | 1.81× | ||
| Q3 25 | 5.54× | 1.47× | ||
| Q2 25 | 0.90× | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | 9.93× | 1.45× | ||
| Q3 24 | 3.95× | — | ||
| Q2 24 | 1.80× | 1.59× | ||
| Q1 24 | -2.22× | — |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
