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DELUXE CORP（DLX）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
DELUXE CORP的季度营收约是RBC Bearings INC的1.2倍（$535.2M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 2.2%，领先12.4%），RBC Bearings INC同比增速更快（17.0% vs 2.8%），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs 0.0%）
德朗士公司是一家美国企业，提供支付处理、数据服务、票据与促销产品以及商户服务，业务分为B2B支付、数据、印刷和商户服务四大板块。截至2025年，公司为数百万中小企业和数千家金融机构提供服务，每年处理支付交易总额超2.8万亿美元，虽传统核心业务为票据印刷等印刷产品，如今支付与数据服务已成为核心板块。
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。
DLX vs RBC — 直观对比
营收规模更大
DLX
是对方的1.2倍
$461.6M
营收增速更快
RBC
高出14.2%
2.8%
净利率更高
RBC
高出12.4%
2.2%
两年增速更快
RBC
近两年复合增速
0.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $535.2M | $461.6M |
| 净利润 | $12.0M | $67.4M |
| 毛利率 | 52.2% | 44.3% |
| 营业利润率 | 8.9% | 22.3% |
| 净利率 | 2.2% | 14.6% |
| 营收同比 | 2.8% | 17.0% |
| 净利润同比 | -5.0% | 16.4% |
| 每股收益（稀释后） | $0.25 | $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DLXRBC
| Q4 25 | $535.2M | $461.6M | ||
| Q3 25 | $540.2M | $455.3M | ||
| Q2 25 | $521.3M | $436.0M | ||
| Q1 25 | $536.5M | $437.7M | ||
| Q4 24 | $520.6M | $394.4M | ||
| Q3 24 | $528.4M | $397.9M | ||
| Q2 24 | $537.8M | $406.3M | ||
| Q1 24 | $535.0M | $413.7M |
净利润DLXRBC
| Q4 25 | $12.0M | $67.4M | ||
| Q3 25 | $33.7M | $60.0M | ||
| Q2 25 | $22.4M | $68.5M | ||
| Q1 25 | $14.0M | $72.7M | ||
| Q4 24 | $12.6M | $57.9M | ||
| Q3 24 | $8.9M | $54.2M | ||
| Q2 24 | $20.5M | $61.4M | ||
| Q1 24 | $10.8M | — |
毛利率DLXRBC
| Q4 25 | 52.2% | 44.3% | ||
| Q3 25 | 53.9% | 44.1% | ||
| Q2 25 | 53.6% | 44.8% | ||
| Q1 25 | 52.4% | 44.2% | ||
| Q4 24 | 52.3% | 44.3% | ||
| Q3 24 | 53.3% | 43.7% | ||
| Q2 24 | 53.7% | 45.3% | ||
| Q1 24 | 53.0% | 43.1% |
营业利润率DLXRBC
| Q4 25 | 8.9% | 22.3% | ||
| Q3 25 | 14.0% | 21.5% | ||
| Q2 25 | 11.7% | 23.2% | ||
| Q1 25 | 9.0% | 23.0% | ||
| Q4 24 | 9.0% | 21.7% | ||
| Q3 24 | 7.9% | 21.6% | ||
| Q2 24 | 11.0% | 24.0% | ||
| Q1 24 | 8.3% | 22.8% |
净利率DLXRBC
| Q4 25 | 2.2% | 14.6% | ||
| Q3 25 | 6.2% | 13.2% | ||
| Q2 25 | 4.3% | 15.7% | ||
| Q1 25 | 2.6% | 16.6% | ||
| Q4 24 | 2.4% | 14.7% | ||
| Q3 24 | 1.7% | 13.6% | ||
| Q2 24 | 3.8% | 15.1% | ||
| Q1 24 | 2.0% | — |
每股收益（稀释后）DLXRBC
| Q4 25 | $0.25 | $2.13 | ||
| Q3 25 | $0.74 | $1.90 | ||
| Q2 25 | $0.50 | $2.17 | ||
| Q1 25 | $0.31 | $2.33 | ||
| Q4 24 | $0.28 | $1.82 | ||
| Q3 24 | $0.20 | $1.65 | ||
| Q2 24 | $0.46 | $1.90 | ||
| Q1 24 | $0.24 | $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 | $36.9M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $680.7M | $3.3B |
| 总资产 | $2.9B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资DLXRBC
| Q4 25 | $36.9M | $107.6M | ||
| Q3 25 | $25.8M | $91.2M | ||
| Q2 25 | $26.0M | $132.9M | ||
| Q1 25 | $30.3M | $36.8M | ||
| Q4 24 | $34.4M | — | ||
| Q3 24 | $41.3M | — | ||
| Q2 24 | $23.1M | $76.8M | ||
| Q1 24 | $23.5M | $63.5M |
总债务DLXRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益DLXRBC
| Q4 25 | $680.7M | $3.3B | ||
| Q3 25 | $664.1M | $3.2B | ||
| Q2 25 | $638.7M | $3.1B | ||
| Q1 25 | $622.5M | $3.0B | ||
| Q4 24 | $620.9M | $2.9B | ||
| Q3 24 | $612.7M | $2.9B | ||
| Q2 24 | $620.5M | $2.8B | ||
| Q1 24 | $608.4M | $2.8B |
总资产DLXRBC
| Q4 25 | $2.9B | $5.1B | ||
| Q3 25 | $2.6B | $5.1B | ||
| Q2 25 | $2.5B | $4.8B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.8B | $4.7B | ||
| Q3 24 | $2.6B | $4.7B | ||
| Q2 24 | $2.7B | $4.7B | ||
| Q1 24 | $2.7B | $4.7B |
负债/权益比DLXRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 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 | $102.1M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | — | $99.1M |
| 自由现金流率自由现金流/营收 | — | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | 8.53× | 1.81× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DLXRBC
| Q4 25 | $102.1M | $122.1M | ||
| Q3 25 | $67.1M | $88.4M | ||
| Q2 25 | $51.1M | $120.0M | ||
| Q1 25 | $50.3M | — | ||
| Q4 24 | $60.2M | $84.0M | ||
| Q3 24 | $67.9M | — | ||
| Q2 24 | $39.6M | $97.4M | ||
| Q1 24 | $26.6M | — |
自由现金流DLXRBC
| Q4 25 | — | $99.1M | ||
| Q3 25 | — | $71.7M | ||
| Q2 25 | $27.8M | $104.3M | ||
| Q1 25 | $24.3M | — | ||
| Q4 24 | — | $73.6M | ||
| Q3 24 | $46.7M | — | ||
| Q2 24 | $11.4M | $88.4M | ||
| Q1 24 | $6.1M | — |
自由现金流率DLXRBC
| Q4 25 | — | 21.5% | ||
| Q3 25 | — | 15.7% | ||
| Q2 25 | 5.3% | 23.9% | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | 8.8% | — | ||
| Q2 24 | 2.1% | 21.8% | ||
| Q1 24 | 1.1% | — |
资本支出强度DLXRBC
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | 4.5% | 3.6% | ||
| Q1 25 | 4.8% | 3.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 4.0% | 4.1% | ||
| Q2 24 | 5.2% | 2.2% | ||
| Q1 24 | 3.8% | — |
现金转化率DLXRBC
| Q4 25 | 8.53× | 1.81× | ||
| Q3 25 | 1.99× | 1.47× | ||
| Q2 25 | 2.28× | 1.75× | ||
| Q1 25 | 3.59× | — | ||
| Q4 24 | 4.77× | 1.45× | ||
| Q3 24 | 7.60× | — | ||
| Q2 24 | 1.94× | 1.59× | ||
| Q1 24 | 2.46× | — |
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
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
