vs
DNOW Inc.（DNOW）与Rithm Capital Corp.（RITM）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Rithm Capital Corp.的1.2倍（$959.0M vs $828.2M），Rithm Capital Corp.净利率更高（13.2% vs -16.8%，领先30.0%），Rithm Capital Corp.同比增速更快（508.5% vs 68.0%），过去两年DNOW Inc.的营收复合增速更高（30.5% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
DNOW vs RITM — 直观对比
营收规模更大
DNOW
是对方的1.2倍
$828.2M
营收增速更快
RITM
高出440.5%
68.0%
净利率更高
RITM
高出30.0%
-16.8%
两年增速更快
DNOW
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $959.0M | $828.2M |
| 净利润 | $-161.0M | $109.5M |
| 毛利率 | 5.2% | — |
| 营业利润率 | -19.6% | 29.9% |
| 净利率 | -16.8% | 13.2% |
| 营收同比 | 68.0% | 508.5% |
| 净利润同比 | -905.0% | 27.7% |
| 每股收益（稀释后） | $-1.42 | $0.12 |
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DNOWRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $959.0M | $1.5B | ||
| Q3 25 | $634.0M | $1.1B | ||
| Q2 25 | $628.0M | $1.2B | ||
| Q1 25 | $599.0M | $768.4M | ||
| Q4 24 | $571.0M | $2.1B | ||
| Q3 24 | $606.0M | $619.5M | ||
| Q2 24 | $633.0M | $1.2B |
净利润DNOWRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $-161.0M | $85.0M | ||
| Q3 25 | $25.0M | $221.5M | ||
| Q2 25 | $25.0M | $311.7M | ||
| Q1 25 | $22.0M | $78.8M | ||
| Q4 24 | $20.0M | $290.2M | ||
| Q3 24 | $13.0M | $121.7M | ||
| Q2 24 | $24.0M | $235.6M |
毛利率DNOWRITM
| 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DNOWRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | -19.6% | 13.8% | ||
| Q3 25 | 5.2% | 21.4% | ||
| Q2 25 | 5.1% | 25.2% | ||
| Q1 25 | 5.0% | 7.4% | ||
| Q4 24 | 4.4% | 23.8% | ||
| Q3 24 | 3.8% | 7.3% | ||
| Q2 24 | 5.2% | 23.6% |
净利率DNOWRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | -16.8% | 5.7% | ||
| Q3 25 | 3.9% | 20.0% | ||
| Q2 25 | 4.0% | 25.6% | ||
| Q1 25 | 3.7% | 10.3% | ||
| Q4 24 | 3.5% | 14.0% | ||
| Q3 24 | 2.1% | 19.7% | ||
| Q2 24 | 3.8% | 19.2% |
每股收益（稀释后）DNOWRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $-1.42 | $0.09 | ||
| Q3 25 | $0.23 | $0.35 | ||
| Q2 25 | $0.23 | $0.53 | ||
| Q1 25 | $0.20 | $0.07 | ||
| Q4 24 | $0.19 | $0.50 | ||
| Q3 24 | $0.12 | $0.20 | ||
| Q2 24 | $0.21 | $0.43 |
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 | — |
| 总债务越低越好 | $411.0M | — |
| 股东权益账面价值 | $2.2B | $9.1B |
| 总资产 | $3.9B | $53.4B |
| 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DNOWRITM
| Q1 26 | — | — | ||
| Q4 25 | $164.0M | $1.8B | ||
| Q3 25 | $266.0M | $1.6B | ||
| Q2 25 | $232.0M | $1.6B | ||
| Q1 25 | $219.0M | $1.5B | ||
| Q4 24 | $256.0M | $1.5B | ||
| Q3 24 | $261.0M | $1.6B | ||
| Q2 24 | $197.0M | $1.2B |
总债务DNOWRITM
| Q1 26 | — | — | ||
| Q4 25 | $411.0M | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | $0 | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益DNOWRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $2.2B | $8.4B | ||
| Q3 25 | $1.2B | $8.5B | ||
| Q2 25 | $1.2B | $7.9B | ||
| Q1 25 | $1.1B | $7.8B | ||
| Q4 24 | $1.1B | $7.8B | ||
| Q3 24 | $1.1B | $7.7B | ||
| Q2 24 | $1.1B | $7.3B |
总资产DNOWRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $3.9B | $53.1B | ||
| Q3 25 | $1.7B | $47.2B | ||
| Q2 25 | $1.7B | $44.3B | ||
| Q1 25 | $1.7B | $45.3B | ||
| Q4 24 | $1.6B | $46.0B | ||
| Q3 24 | $1.6B | $42.3B | ||
| Q2 24 | $1.6B | $42.0B |
负债/权益比DNOWRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.18× | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | 0.00× | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | — |
| 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 | — | — |
| 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DNOWRITM
| Q1 26 | — | — | ||
| Q4 25 | $83.0M | $-114.6M | ||
| Q3 25 | $43.0M | $-2.0B | ||
| Q2 25 | $45.0M | $-557.1M | ||
| Q1 25 | $-16.0M | $1.4B | ||
| Q4 24 | $122.0M | $-1.8B | ||
| Q3 24 | $74.0M | $768.1M | ||
| Q2 24 | $21.0M | $-55.7M |
自由现金流DNOWRITM
| 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DNOWRITM
| 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DNOWRITM
| 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DNOWRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | 1.72× | -9.22× | ||
| Q2 25 | 1.80× | -1.79× | ||
| Q1 25 | -0.73× | 18.03× | ||
| Q4 24 | 6.10× | -6.04× | ||
| Q3 24 | 5.69× | 6.31× | ||
| Q2 24 | 0.88× | -0.24× |
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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
