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DNOW Inc.（DNOW）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是DNOW Inc.的2.0倍（$1.9B vs $959.0M），RPM INTERNATIONAL INC净利率更高（8.4% vs -16.8%，领先25.2%），DNOW Inc.同比增速更快（68.0% vs 3.5%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $76.0M），过去两年DNOW Inc.的营收复合增速更高（30.5% vs 12.0%）
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。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
DNOW vs RPM — 直观对比
营收规模更大
RPM
是对方的2.0倍
$959.0M
营收增速更快
DNOW
高出64.5%
3.5%
净利率更高
RPM
高出25.2%
-16.8%
自由现金流更多
RPM
多$220.4M
$76.0M
两年增速更快
DNOW
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $959.0M | $1.9B |
| 净利润 | $-161.0M | $161.2M |
| 毛利率 | 5.2% | 40.8% |
| 营业利润率 | -19.6% | 11.0% |
| 净利率 | -16.8% | 8.4% |
| 营收同比 | 68.0% | 3.5% |
| 净利润同比 | -905.0% | -12.0% |
| 每股收益（稀释后） | $-1.42 | $1.26 |
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DNOWRPM
| Q4 25 | $959.0M | $1.9B | ||
| Q3 25 | $634.0M | $2.1B | ||
| Q2 25 | $628.0M | $2.1B | ||
| Q1 25 | $599.0M | $1.5B | ||
| Q4 24 | $571.0M | $1.8B | ||
| Q3 24 | $606.0M | $2.0B | ||
| Q2 24 | $633.0M | $2.0B | ||
| Q1 24 | $563.0M | $1.5B |
净利润DNOWRPM
| Q4 25 | $-161.0M | $161.2M | ||
| Q3 25 | $25.0M | $227.6M | ||
| Q2 25 | $25.0M | $225.8M | ||
| Q1 25 | $22.0M | $52.0M | ||
| Q4 24 | $20.0M | $183.2M | ||
| Q3 24 | $13.0M | $227.7M | ||
| Q2 24 | $24.0M | $180.6M | ||
| Q1 24 | $21.0M | $61.2M |
毛利率DNOWRPM
| Q4 25 | 5.2% | 40.8% | ||
| Q3 25 | 22.9% | 42.3% | ||
| Q2 25 | 22.9% | 42.4% | ||
| Q1 25 | 23.2% | 38.4% | ||
| Q4 24 | 22.6% | 41.4% | ||
| Q3 24 | 22.3% | 42.5% | ||
| Q2 24 | 21.8% | 41.4% | ||
| Q1 24 | 22.9% | 39.9% |
营业利润率DNOWRPM
| Q4 25 | -19.6% | 11.0% | ||
| Q3 25 | 5.2% | 14.1% | ||
| Q2 25 | 5.1% | 11.9% | ||
| Q1 25 | 5.0% | 2.8% | ||
| Q4 24 | 4.4% | 11.5% | ||
| Q3 24 | 3.8% | 14.8% | ||
| Q2 24 | 5.2% | 11.9% | ||
| Q1 24 | 5.0% | 5.5% |
净利率DNOWRPM
| Q4 25 | -16.8% | 8.4% | ||
| Q3 25 | 3.9% | 10.8% | ||
| Q2 25 | 4.0% | 10.8% | ||
| Q1 25 | 3.7% | 3.5% | ||
| Q4 24 | 3.5% | 9.9% | ||
| Q3 24 | 2.1% | 11.6% | ||
| Q2 24 | 3.8% | 9.0% | ||
| Q1 24 | 3.7% | 4.0% |
每股收益（稀释后）DNOWRPM
| Q4 25 | $-1.42 | $1.26 | ||
| Q3 25 | $0.23 | $1.77 | ||
| Q2 25 | $0.23 | $1.76 | ||
| Q1 25 | $0.20 | $0.40 | ||
| Q4 24 | $0.19 | $1.42 | ||
| Q3 24 | $0.12 | $1.77 | ||
| Q2 24 | $0.21 | $1.40 | ||
| Q1 24 | $0.19 | $0.47 |
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 | $316.6M |
| 总债务越低越好 | $411.0M | $2.5B |
| 股东权益账面价值 | $2.2B | $3.1B |
| 总资产 | $3.9B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.18× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资DNOWRPM
| Q4 25 | $164.0M | $316.6M | ||
| Q3 25 | $266.0M | $297.1M | ||
| Q2 25 | $232.0M | $302.1M | ||
| Q1 25 | $219.0M | $241.9M | ||
| Q4 24 | $256.0M | $268.7M | ||
| Q3 24 | $261.0M | $231.6M | ||
| Q2 24 | $197.0M | $237.4M | ||
| Q1 24 | $188.0M | $248.9M |
总债务DNOWRPM
| Q4 25 | $411.0M | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | $0 | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益DNOWRPM
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $1.2B | $3.1B | ||
| Q2 25 | $1.2B | $2.9B | ||
| Q1 25 | $1.1B | $2.7B | ||
| Q4 24 | $1.1B | $2.7B | ||
| Q3 24 | $1.1B | $2.6B | ||
| Q2 24 | $1.1B | $2.5B | ||
| Q1 24 | $1.1B | $2.3B |
总资产DNOWRPM
| Q4 25 | $3.9B | $7.9B | ||
| Q3 25 | $1.7B | $7.9B | ||
| Q2 25 | $1.7B | $7.8B | ||
| Q1 25 | $1.7B | $6.6B | ||
| Q4 24 | $1.6B | $6.7B | ||
| Q3 24 | $1.6B | $6.6B | ||
| Q2 24 | $1.6B | $6.6B | ||
| Q1 24 | $1.6B | $6.4B |
负债/权益比DNOWRPM
| Q4 25 | 0.18× | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | 0.00× | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
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 | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $76.0M | $296.4M |
| 自由现金流率自由现金流/营收 | 7.9% | 15.5% |
| 资本支出强度资本支出/营收 | 0.7% | 2.6% |
| 现金转化率经营现金流/净利润 | — | 2.14× |
| 过去12个月自由现金流最近4个季度 | $134.0M | $582.9M |
8季度趋势，按日历期对齐
经营现金流DNOWRPM
| Q4 25 | $83.0M | $345.7M | ||
| Q3 25 | $43.0M | $237.5M | ||
| Q2 25 | $45.0M | $149.2M | ||
| Q1 25 | $-16.0M | $91.5M | ||
| Q4 24 | $122.0M | $279.4M | ||
| Q3 24 | $74.0M | $248.1M | ||
| Q2 24 | $21.0M | $181.2M | ||
| Q1 24 | $81.0M | $173.4M |
自由现金流DNOWRPM
| Q4 25 | $76.0M | $296.4M | ||
| Q3 25 | $39.0M | $175.0M | ||
| Q2 25 | $41.0M | $78.2M | ||
| Q1 25 | $-22.0M | $33.3M | ||
| Q4 24 | $119.0M | $229.5M | ||
| Q3 24 | $72.0M | $197.3M | ||
| Q2 24 | $18.0M | $105.3M | ||
| Q1 24 | $80.0M | $124.6M |
自由现金流率DNOWRPM
| Q4 25 | 7.9% | 15.5% | ||
| Q3 25 | 6.2% | 8.3% | ||
| Q2 25 | 6.5% | 3.8% | ||
| Q1 25 | -3.7% | 2.3% | ||
| Q4 24 | 20.8% | 12.4% | ||
| Q3 24 | 11.9% | 10.0% | ||
| Q2 24 | 2.8% | 5.2% | ||
| Q1 24 | 14.2% | 8.2% |
资本支出强度DNOWRPM
| Q4 25 | 0.7% | 2.6% | ||
| Q3 25 | 0.6% | 3.0% | ||
| Q2 25 | 0.6% | 3.4% | ||
| Q1 25 | 1.0% | 3.9% | ||
| Q4 24 | 0.5% | 2.7% | ||
| Q3 24 | 0.3% | 2.6% | ||
| Q2 24 | 0.5% | 3.8% | ||
| Q1 24 | 0.2% | 3.2% |
现金转化率DNOWRPM
| Q4 25 | — | 2.14× | ||
| Q3 25 | 1.72× | 1.04× | ||
| Q2 25 | 1.80× | 0.66× | ||
| Q1 25 | -0.73× | 1.76× | ||
| Q4 24 | 6.10× | 1.53× | ||
| Q3 24 | 5.69× | 1.09× | ||
| Q2 24 | 0.88× | 1.00× | ||
| Q1 24 | 3.86× | 2.83× |
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% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
