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Dollar Tree（DLTR）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Dollar Tree的季度营收约是Rocket Companies, Inc.的1.8倍（$4.7B vs $2.7B），Dollar Tree净利率更高（5.2% vs 2.5%，领先2.6%），Rocket Companies, Inc.同比增速更快（52.2% vs -37.2%），Dollar Tree自由现金流更多（$-57.1M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs -25.9%）
Dollar Tree是美国多价位折扣百货连锁企业，位列《财富》500强，总部位于弗吉尼亚州切萨皮克。公司在美国本土48个毗连州及加拿大共运营15115家门店，旗下24个配送中心组成的全国物流网络为所有门店提供运营支持。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
DLTR vs RKT — 直观对比
营收规模更大
DLTR
是对方的1.8倍
$2.7B
营收增速更快
RKT
高出89.4%
-37.2%
净利率更高
DLTR
高出2.6%
2.5%
自由现金流更多
DLTR
多$1.2B
$-1.3B
两年增速更快
RKT
近两年复合增速
-25.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $2.7B |
| 净利润 | $244.6M | $68.0M |
| 毛利率 | 35.8% | — |
| 营业利润率 | 7.2% | 6.3% |
| 净利率 | 5.2% | 2.5% |
| 营收同比 | -37.2% | 52.2% |
| 净利润同比 | 4.8% | 100.8% |
| 每股收益（稀释后） | $1.20 | $0.10 |
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DLTRRKT
| Q4 25 | $4.7B | $2.7B | ||
| Q3 25 | $4.6B | $1.6B | ||
| Q2 25 | $4.6B | $1.4B | ||
| Q1 25 | $5.0B | $1.0B | ||
| Q4 24 | $7.6B | $1.8B | ||
| Q3 24 | $7.4B | $646.9M | ||
| Q2 24 | $7.6B | $1.3B | ||
| Q1 24 | $8.6B | $1.4B |
净利润DLTRRKT
| Q4 25 | $244.6M | $68.0M | ||
| Q3 25 | $188.4M | $-123.9M | ||
| Q2 25 | $343.4M | $-1.8M | ||
| Q1 25 | $-3.7B | $-10.4M | ||
| Q4 24 | $233.3M | $33.9M | ||
| Q3 24 | $132.4M | $-22.0M | ||
| Q2 24 | $300.1M | $1.3M | ||
| Q1 24 | $-1.7B | $16.2M |
毛利率DLTRRKT
| Q4 25 | 35.8% | — | ||
| Q3 25 | 34.4% | — | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | 37.6% | — | ||
| Q4 24 | 30.9% | 58.9% | ||
| Q3 24 | 30.0% | -8.4% | ||
| Q2 24 | 30.8% | 47.4% | ||
| Q1 24 | 32.1% | 51.2% |
营业利润率DLTRRKT
| Q4 25 | 7.2% | 6.3% | ||
| Q3 25 | 5.1% | -11.5% | ||
| Q2 25 | 8.3% | 1.8% | ||
| Q1 25 | — | -21.5% | ||
| Q4 24 | 4.4% | 38.1% | ||
| Q3 24 | 2.8% | -76.9% | ||
| Q2 24 | 5.5% | 14.8% | ||
| Q1 24 | -21.9% | 21.6% |
净利率DLTRRKT
| Q4 25 | 5.2% | 2.5% | ||
| Q3 25 | 4.1% | -7.7% | ||
| Q2 25 | 7.4% | -0.1% | ||
| Q1 25 | -74.0% | -1.0% | ||
| Q4 24 | 3.1% | 1.9% | ||
| Q3 24 | 1.8% | -3.4% | ||
| Q2 24 | 3.9% | 0.1% | ||
| Q1 24 | -19.8% | 1.2% |
每股收益（稀释后）DLTRRKT
| Q4 25 | $1.20 | $0.10 | ||
| Q3 25 | $0.91 | $-0.06 | ||
| Q2 25 | $1.61 | $-0.01 | ||
| Q1 25 | $-17.17 | $-0.08 | ||
| Q4 24 | $1.08 | $0.28 | ||
| Q3 24 | $0.62 | $-0.19 | ||
| Q2 24 | $1.38 | $0.01 | ||
| Q1 24 | $-7.78 | $0.11 |
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 | $594.8M | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.5B | $22.9B |
| 总资产 | $13.7B | $60.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DLTRRKT
| Q4 25 | $594.8M | $2.7B | ||
| Q3 25 | $666.3M | $5.8B | ||
| Q2 25 | $1.0B | $5.1B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $697.6M | $1.3B | ||
| Q3 24 | $570.3M | $1.2B | ||
| Q2 24 | $618.5M | $1.3B | ||
| Q1 24 | $684.9M | $861.4M |
总债务DLTRRKT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $3.4B | — |
股东权益DLTRRKT
| Q4 25 | $3.5B | $22.9B | ||
| Q3 25 | $3.6B | $8.9B | ||
| Q2 25 | $3.9B | $7.4B | ||
| Q1 25 | $4.0B | $8.6B | ||
| Q4 24 | $7.6B | $9.0B | ||
| Q3 24 | $7.4B | $8.4B | ||
| Q2 24 | $7.3B | $8.8B | ||
| Q1 24 | $7.3B | $8.6B |
总资产DLTRRKT
| Q4 25 | $13.7B | $60.7B | ||
| Q3 25 | $13.4B | $33.6B | ||
| Q2 25 | $18.3B | $30.4B | ||
| Q1 25 | $18.6B | $25.3B | ||
| Q4 24 | $23.3B | $24.5B | ||
| Q3 24 | $22.6B | $25.1B | ||
| Q2 24 | $22.1B | $23.6B | ||
| Q1 24 | $22.0B | $22.2B |
负债/权益比DLTRRKT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.47× | — |
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 | $319.3M | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $-57.1M | $-1.3B |
| 自由现金流率自由现金流/营收 | -1.2% | -47.2% |
| 资本支出强度资本支出/营收 | 7.9% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.31× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $394.5M | $-4.0B |
8季度趋势，按日历期对齐
经营现金流DLTRRKT
| Q4 25 | $319.3M | $-1.2B | ||
| Q3 25 | $260.7M | $-50.3M | ||
| Q2 25 | $378.5M | $-1.9B | ||
| Q1 25 | $405.1M | $-797.0M | ||
| Q4 24 | $785.6M | $1.8B | ||
| Q3 24 | $306.9M | $-1.3B | ||
| Q2 24 | $695.7M | $-122.3M | ||
| Q1 24 | $1.3B | $-3.0B |
自由现金流DLTRRKT
| Q4 25 | $-57.1M | $-1.3B | ||
| Q3 25 | $15.6M | $-71.8M | ||
| Q2 25 | $129.7M | $-1.9B | ||
| Q1 25 | $306.3M | $-811.0M | ||
| Q4 24 | $359.2M | $1.8B | ||
| Q3 24 | $-193.8M | $-1.4B | ||
| Q2 24 | $223.5M | $-138.3M | ||
| Q1 24 | $470.8M | $-3.0B |
自由现金流率DLTRRKT
| Q4 25 | -1.2% | -47.2% | ||
| Q3 25 | 0.3% | -4.5% | ||
| Q2 25 | 2.8% | -137.2% | ||
| Q1 25 | 6.1% | -78.2% | ||
| Q4 24 | 4.8% | 103.1% | ||
| Q3 24 | -2.6% | -209.6% | ||
| Q2 24 | 2.9% | -10.6% | ||
| Q1 24 | 5.5% | -218.7% |
资本支出强度DLTRRKT
| Q4 25 | 7.9% | 1.5% | ||
| Q3 25 | 5.4% | 1.3% | ||
| Q2 25 | 5.4% | 1.1% | ||
| Q1 25 | 2.0% | 1.4% | ||
| Q4 24 | 5.6% | 1.1% | ||
| Q3 24 | 6.8% | 2.9% | ||
| Q2 24 | 6.2% | 1.2% | ||
| Q1 24 | 9.1% | 1.0% |
现金转化率DLTRRKT
| Q4 25 | 1.31× | -18.08× | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.37× | 54.42× | ||
| Q3 24 | 2.32× | — | ||
| Q2 24 | 2.32× | -94.46× | ||
| Q1 24 | — | -185.80× |
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
DLTR
| Consumable | $2.4B | 50% |
| Variety | $2.1B | 43% |
| Seasonal | $344.1M | 7% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
