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DigitalOcean Holdings, Inc.（DOCN）与HORACE MANN EDUCATORS CORP（HMN）财务数据对比。点击上方公司名可切换其他公司
HORACE MANN EDUCATORS CORP的季度营收约是DigitalOcean Holdings, Inc.的1.8倍（$434.8M vs $242.4M），DigitalOcean Holdings, Inc.同比增速更快（18.3% vs 6.3%），过去两年DigitalOcean Holdings, Inc.的营收复合增速更高（14.5% vs 6.1%）
DigitalOcean Holdings, Inc.是美国跨国科技企业及云服务提供商，总部位于美国科罗拉多州布鲁姆菲尔德，在全球布局15个数据中心，面向开发者、初创企业及中小微企业提供稳定易用的云基础设施即服务平台，助力各类技术团队高效开展业务。
贺拉斯曼是一家总部位于美国伊利诺伊州的金融服务企业，主营汽车保险、财产保险、补充保险与人寿保险业务，同时提供退休年金、共同基金等金融产品，核心服务群体为教育工作者及其家庭。
DOCN vs HMN — 直观对比
营收规模更大
HMN
是对方的1.8倍
$242.4M
营收增速更快
DOCN
高出12.0%
6.3%
两年增速更快
DOCN
近两年复合增速
6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $242.4M | $434.8M |
| 净利润 | $25.7M | — |
| 毛利率 | 58.7% | — |
| 营业利润率 | 16.0% | 10.5% |
| 净利率 | 10.6% | — |
| 营收同比 | 18.3% | 6.3% |
| 净利润同比 | 40.5% | — |
| 每股收益（稀释后） | $0.23 | $0.87 |
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DOCNHMN
| Q4 25 | $242.4M | $434.8M | ||
| Q3 25 | $229.6M | $438.5M | ||
| Q2 25 | $218.7M | $411.7M | ||
| Q1 25 | $210.7M | $416.4M | ||
| Q4 24 | $204.9M | $409.0M | ||
| Q3 24 | $198.5M | $412.1M | ||
| Q2 24 | $192.5M | $388.1M | ||
| Q1 24 | $184.7M | $386.0M |
净利润DOCNHMN
| Q4 25 | $25.7M | — | ||
| Q3 25 | $158.4M | $58.3M | ||
| Q2 25 | $37.0M | $29.4M | ||
| Q1 25 | $38.2M | $38.2M | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | $32.9M | $34.3M | ||
| Q2 24 | $19.1M | $3.8M | ||
| Q1 24 | $14.1M | $26.5M |
毛利率DOCNHMN
| Q4 25 | 58.7% | — | ||
| Q3 25 | 59.6% | — | ||
| Q2 25 | 59.9% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 60.2% | — | ||
| Q2 24 | 61.0% | — | ||
| Q1 24 | 60.7% | — |
营业利润率DOCNHMN
| Q4 25 | 16.0% | 10.5% | ||
| Q3 25 | 19.6% | 16.3% | ||
| Q2 25 | 16.3% | 8.9% | ||
| Q1 25 | 17.9% | 11.4% | ||
| Q4 24 | 15.9% | 11.8% | ||
| Q3 24 | 12.4% | 10.4% | ||
| Q2 24 | 11.6% | 1.2% | ||
| Q1 24 | 6.2% | 8.5% |
净利率DOCNHMN
| Q4 25 | 10.6% | — | ||
| Q3 25 | 69.0% | 13.3% | ||
| Q2 25 | 16.9% | 7.1% | ||
| Q1 25 | 18.1% | 9.2% | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 16.6% | 8.3% | ||
| Q2 24 | 9.9% | 1.0% | ||
| Q1 24 | 7.7% | 6.9% |
每股收益（稀释后）DOCNHMN
| Q4 25 | $0.23 | $0.87 | ||
| Q3 25 | $1.51 | $1.40 | ||
| Q2 25 | $0.39 | $0.71 | ||
| Q1 25 | $0.39 | $0.92 | ||
| Q4 24 | $0.21 | $0.92 | ||
| Q3 24 | $0.33 | $0.83 | ||
| Q2 24 | $0.20 | $0.09 | ||
| Q1 24 | $0.15 | $0.64 |
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 | $254.5M | $27.5M |
| 总债务越低越好 | $1.3B | $593.4M |
| 股东权益账面价值 | $-28.7M | $1.5B |
| 总资产 | $1.8B | $15.3B |
| 负债/权益比越低杠杆越低 | — | 0.40× |
8季度趋势，按日历期对齐
现金及短期投资DOCNHMN
| Q4 25 | $254.5M | $27.5M | ||
| Q3 25 | $236.6M | $46.7M | ||
| Q2 25 | $387.7M | — | ||
| Q1 25 | $360.4M | — | ||
| Q4 24 | $428.4M | $38.1M | ||
| Q3 24 | $439.9M | — | ||
| Q2 24 | $443.1M | — | ||
| Q1 24 | $419.1M | — |
总债务DOCNHMN
| Q4 25 | $1.3B | $593.4M | ||
| Q3 25 | $1.3B | $842.9M | ||
| Q2 25 | — | $547.5M | ||
| Q1 25 | — | $547.2M | ||
| Q4 24 | $1.5B | $547.0M | ||
| Q3 24 | — | $546.7M | ||
| Q2 24 | — | $546.5M | ||
| Q1 24 | — | $546.2M |
股东权益DOCNHMN
| Q4 25 | $-28.7M | $1.5B | ||
| Q3 25 | $-69.6M | $1.4B | ||
| Q2 25 | $-175.2M | $1.4B | ||
| Q1 25 | $-210.7M | $1.3B | ||
| Q4 24 | $-203.0M | $1.3B | ||
| Q3 24 | $-211.7M | $1.3B | ||
| Q2 24 | $-253.8M | $1.2B | ||
| Q1 24 | $-286.1M | $1.2B |
总资产DOCNHMN
| Q4 25 | $1.8B | $15.3B | ||
| Q3 25 | $1.7B | $15.5B | ||
| Q2 25 | $1.7B | $14.7B | ||
| Q1 25 | $1.6B | $14.4B | ||
| Q4 24 | $1.6B | $14.5B | ||
| Q3 24 | $1.5B | $14.7B | ||
| Q2 24 | $1.5B | $14.3B | ||
| Q1 24 | $1.5B | $14.2B |
负债/权益比DOCNHMN
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 0.58× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.45× | ||
| Q1 24 | — | 0.45× |
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 | $57.3M | $553.2M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 10.8% | — |
| 现金转化率经营现金流/净利润 | 2.23× | — |
| 过去12个月自由现金流最近4个季度 | $180.5M | — |
8季度趋势，按日历期对齐
经营现金流DOCNHMN
| Q4 25 | $57.3M | $553.2M | ||
| Q3 25 | $95.8M | $151.2M | ||
| Q2 25 | $92.4M | $131.3M | ||
| Q1 25 | $64.1M | $140.8M | ||
| Q4 24 | $71.3M | $452.1M | ||
| Q3 24 | $73.4M | $143.9M | ||
| Q2 24 | $71.3M | $40.2M | ||
| Q1 24 | $66.7M | $74.5M |
自由现金流DOCNHMN
| Q4 25 | $31.1M | — | ||
| Q3 25 | $88.0M | — | ||
| Q2 25 | $59.3M | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $26.1M | — | ||
| Q3 24 | $16.0M | — | ||
| Q2 24 | $39.5M | — | ||
| Q1 24 | $23.0M | — |
自由现金流率DOCNHMN
| Q4 25 | 12.8% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 27.1% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 20.5% | — | ||
| Q1 24 | 12.5% | — |
资本支出强度DOCNHMN
| Q4 25 | 10.8% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | 29.4% | — | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 16.6% | — | ||
| Q1 24 | 23.6% | — |
现金转化率DOCNHMN
| Q4 25 | 2.23× | — | ||
| Q3 25 | 0.60× | 2.59× | ||
| Q2 25 | 2.50× | 4.47× | ||
| Q1 25 | 1.68× | 3.69× | ||
| Q4 24 | 3.91× | — | ||
| Q3 24 | 2.23× | 4.20× | ||
| Q2 24 | 3.73× | 10.58× | ||
| Q1 24 | 4.72× | 2.81× |
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
DOCN
| Scalers | $84.3M | 35% |
| Scalers Plus | $69.9M | 29% |
| Builders | $64.1M | 26% |
| Learners Testers And Other | $24.1M | 10% |
HMN
| Property And Casualty | $224.3M | 52% |
| Life And Retirement | $139.6M | 32% |
| Supplemental And Group Benefits | $77.0M | 18% |
