vs
DNOW Inc.（DNOW）与罗宾汉（HOOD）财务数据对比。点击上方公司名可切换其他公司
DNOW Inc.的季度营收约是罗宾汉的1.0倍（$959.0M vs $927.0M），罗宾汉净利率更高（36.2% vs -16.8%，领先53.0%），DNOW Inc.同比增速更快（68.0% vs -27.7%），过去两年DNOW Inc.的营收复合增速更高（30.5% vs 16.6%）
DNOW Inc.（商业名称DistributionNOW）是一家全球工业及能源产品分销商，提供供应链管理、库存优化、技术支持服务，主营油气、可再生能源、制造、建筑等领域所需的零部件、设备及耗材，业务覆盖北美、欧洲及亚太地区。
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
DNOW vs HOOD — 直观对比
营收规模更大
DNOW
是对方的1.0倍
$927.0M
营收增速更快
DNOW
高出95.7%
-27.7%
净利率更高
HOOD
高出53.0%
-16.8%
两年增速更快
DNOW
近两年复合增速
16.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $959.0M | $927.0M |
| 净利润 | $-161.0M | $336.0M |
| 毛利率 | 5.2% | — |
| 营业利润率 | -19.6% | — |
| 净利率 | -16.8% | 36.2% |
| 营收同比 | 68.0% | -27.7% |
| 净利润同比 | -905.0% | -2.9% |
| 每股收益（稀释后） | $-1.42 | $336.00 |
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DNOWHOOD
| Q1 26 | — | $927.0M | ||
| Q4 25 | $959.0M | $1.3B | ||
| Q3 25 | $634.0M | $1.3B | ||
| Q2 25 | $628.0M | $989.0M | ||
| Q1 25 | $599.0M | $927.0M | ||
| Q4 24 | $571.0M | $1.0B | ||
| Q3 24 | $606.0M | $637.0M | ||
| Q2 24 | $633.0M | $682.0M |
净利润DNOWHOOD
| Q1 26 | — | $336.0M | ||
| Q4 25 | $-161.0M | $605.0M | ||
| Q3 25 | $25.0M | $556.0M | ||
| Q2 25 | $25.0M | $386.0M | ||
| Q1 25 | $22.0M | $336.0M | ||
| Q4 24 | $20.0M | $916.0M | ||
| Q3 24 | $13.0M | $150.0M | ||
| Q2 24 | $24.0M | $188.0M |
毛利率DNOWHOOD
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | — | ||
| Q3 25 | 22.9% | — | ||
| Q2 25 | 22.9% | — | ||
| Q1 25 | 23.2% | — | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 22.3% | — | ||
| Q2 24 | 21.8% | — |
营业利润率DNOWHOOD
| Q1 26 | — | — | ||
| Q4 25 | -19.6% | 51.5% | ||
| Q3 25 | 5.2% | 49.8% | ||
| Q2 25 | 5.1% | 44.7% | ||
| Q1 25 | 5.0% | 40.0% | ||
| Q4 24 | 4.4% | 55.0% | ||
| Q3 24 | 3.8% | 24.0% | ||
| Q2 24 | 5.2% | 28.0% |
净利率DNOWHOOD
| Q1 26 | — | 36.2% | ||
| Q4 25 | -16.8% | 47.2% | ||
| Q3 25 | 3.9% | 43.6% | ||
| Q2 25 | 4.0% | 39.0% | ||
| Q1 25 | 3.7% | 36.2% | ||
| Q4 24 | 3.5% | 90.3% | ||
| Q3 24 | 2.1% | 23.5% | ||
| Q2 24 | 3.8% | 27.6% |
每股收益（稀释后）DNOWHOOD
| Q1 26 | — | $336.00 | ||
| Q4 25 | $-1.42 | $0.65 | ||
| Q3 25 | $0.23 | $0.61 | ||
| Q2 25 | $0.23 | $0.42 | ||
| Q1 25 | $0.20 | $0.37 | ||
| Q4 24 | $0.19 | $1.00 | ||
| Q3 24 | $0.12 | $0.17 | ||
| Q2 24 | $0.21 | $0.21 |
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 | $164.0M | $4.3B |
| 总债务越低越好 | $411.0M | — |
| 股东权益账面价值 | $2.2B | $9.2B |
| 总资产 | $3.9B | $38.1B |
| 负债/权益比越低杠杆越低 | 0.18× | — |
8季度趋势，按日历期对齐
现金及短期投资DNOWHOOD
| Q1 26 | — | $4.3B | ||
| Q4 25 | $164.0M | $4.3B | ||
| Q3 25 | $266.0M | $4.3B | ||
| Q2 25 | $232.0M | $4.2B | ||
| Q1 25 | $219.0M | $4.4B | ||
| Q4 24 | $256.0M | $4.3B | ||
| Q3 24 | $261.0M | $4.6B | ||
| Q2 24 | $197.0M | $4.5B |
总债务DNOWHOOD
| Q1 26 | — | — | ||
| Q4 25 | $411.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DNOWHOOD
| Q1 26 | — | $9.2B | ||
| Q4 25 | $2.2B | $9.2B | ||
| Q3 25 | $1.2B | $8.6B | ||
| Q2 25 | $1.2B | $8.1B | ||
| Q1 25 | $1.1B | $8.0B | ||
| Q4 24 | $1.1B | $8.0B | ||
| Q3 24 | $1.1B | $7.2B | ||
| Q2 24 | $1.1B | $7.1B |
总资产DNOWHOOD
| Q1 26 | — | $38.1B | ||
| Q4 25 | $3.9B | $38.1B | ||
| Q3 25 | $1.7B | $41.5B | ||
| Q2 25 | $1.7B | $35.3B | ||
| Q1 25 | $1.7B | $27.5B | ||
| Q4 24 | $1.6B | $26.2B | ||
| Q3 24 | $1.6B | $43.2B | ||
| Q2 24 | $1.6B | $41.3B |
负债/权益比DNOWHOOD
| Q1 26 | — | — | ||
| Q4 25 | 0.18× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $83.0M | $642.0M |
| 自由现金流经营现金流 - 资本支出 | $76.0M | — |
| 自由现金流率自由现金流/营收 | 7.9% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | — | 1.91× |
| 过去12个月自由现金流最近4个季度 | $134.0M | — |
8季度趋势，按日历期对齐
经营现金流DNOWHOOD
| Q1 26 | — | $642.0M | ||
| Q4 25 | $83.0M | $-937.0M | ||
| Q3 25 | $43.0M | $-1.6B | ||
| Q2 25 | $45.0M | $3.5B | ||
| Q1 25 | $-16.0M | $642.0M | ||
| Q4 24 | $122.0M | $-1.4B | ||
| Q3 24 | $74.0M | $1.8B | ||
| Q2 24 | $21.0M | $54.0M |
自由现金流DNOWHOOD
| Q1 26 | — | — | ||
| Q4 25 | $76.0M | — | ||
| Q3 25 | $39.0M | — | ||
| Q2 25 | $41.0M | — | ||
| Q1 25 | $-22.0M | — | ||
| Q4 24 | $119.0M | — | ||
| Q3 24 | $72.0M | — | ||
| Q2 24 | $18.0M | — |
自由现金流率DNOWHOOD
| Q1 26 | — | — | ||
| Q4 25 | 7.9% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 6.5% | — | ||
| Q1 25 | -3.7% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 11.9% | — | ||
| Q2 24 | 2.8% | — |
资本支出强度DNOWHOOD
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.5% | — |
现金转化率DNOWHOOD
| Q1 26 | — | 1.91× | ||
| Q4 25 | — | -1.55× | ||
| Q3 25 | 1.72× | -2.83× | ||
| Q2 25 | 1.80× | 9.09× | ||
| Q1 25 | -0.73× | 1.91× | ||
| Q4 24 | 6.10× | -1.53× | ||
| Q3 24 | 5.69× | 12.08× | ||
| Q2 24 | 0.88× | 0.29× |
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
DNOW
| Pipelines | $455.0M | 47% |
| Downstream And Industrial | $196.0M | 20% |
| Gas Utilities | $183.0M | 19% |
| Oil And Gas Properties | $105.0M | 11% |
| Other | $20.0M | 2% |
HOOD
| Transaction-based revenues | $583.0M | 63% |
| Other | $290.0M | 31% |
| Other revenues | $54.0M | 6% |
