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Douglas Elliman Inc.（DOUG）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Douglas Elliman Inc.的季度营收约是Rocket Lab Corp的1.4倍（$245.4M vs $179.7M），Douglas Elliman Inc.净利率更高（27.9% vs -29.5%，领先57.4%），Rocket Lab Corp同比增速更快（35.7% vs 0.9%），Douglas Elliman Inc.自由现金流更多（$-14.7M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 10.7%）
Douglas Elliman Inc.是美国领先的住宅房地产经纪企业，提供高端房产买卖、租赁、物业管理及相关咨询服务，核心业务覆盖纽约、加州、佛罗里达、得克萨斯等都会区，主要服务高净值客户群体。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
DOUG vs RKLB — 直观对比
营收规模更大
DOUG
是对方的1.4倍
$179.7M
营收增速更快
RKLB
高出34.8%
0.9%
净利率更高
DOUG
高出57.4%
-29.5%
自由现金流更多
DOUG
多$99.5M
$-114.2M
两年增速更快
RKLB
近两年复合增速
10.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $245.4M | $179.7M |
| 净利润 | $68.6M | $-52.9M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 27.3% | -28.4% |
| 净利率 | 27.9% | -29.5% |
| 营收同比 | 0.9% | 35.7% |
| 净利润同比 | 1243.4% | -1.1% |
| 每股收益（稀释后） | $0.80 | $-0.09 |
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DOUGRKLB
| Q4 25 | $245.4M | $179.7M | ||
| Q3 25 | $262.8M | $155.1M | ||
| Q2 25 | $271.4M | $144.5M | ||
| Q1 25 | $253.4M | $122.6M | ||
| Q4 24 | $243.3M | $132.4M | ||
| Q3 24 | $266.3M | $104.8M | ||
| Q2 24 | $285.8M | $106.3M | ||
| Q1 24 | $200.2M | $92.8M |
净利润DOUGRKLB
| Q4 25 | $68.6M | $-52.9M | ||
| Q3 25 | $-24.7M | $-18.3M | ||
| Q2 25 | $-22.7M | $-66.4M | ||
| Q1 25 | $-6.0M | $-60.6M | ||
| Q4 24 | $-6.0M | $-52.3M | ||
| Q3 24 | $-27.2M | $-51.9M | ||
| Q2 24 | $-1.7M | $-41.6M | ||
| Q1 24 | $-41.5M | $-44.3M |
毛利率DOUGRKLB
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 32.1% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 25.6% | ||
| Q1 24 | — | 26.1% |
营业利润率DOUGRKLB
| Q4 25 | 27.3% | -28.4% | ||
| Q3 25 | -4.1% | -38.0% | ||
| Q2 25 | -2.0% | -41.3% | ||
| Q1 25 | -2.1% | -48.3% | ||
| Q4 24 | -6.7% | -38.9% | ||
| Q3 24 | -2.8% | -49.5% | ||
| Q2 24 | -1.3% | -40.7% | ||
| Q1 24 | -20.7% | -46.4% |
净利率DOUGRKLB
| Q4 25 | 27.9% | -29.5% | ||
| Q3 25 | -9.4% | -11.8% | ||
| Q2 25 | -8.4% | -46.0% | ||
| Q1 25 | -2.4% | -49.5% | ||
| Q4 24 | -2.5% | -39.5% | ||
| Q3 24 | -10.2% | -49.6% | ||
| Q2 24 | -0.6% | -39.2% | ||
| Q1 24 | -20.7% | -47.7% |
每股收益（稀释后）DOUGRKLB
| Q4 25 | $0.80 | $-0.09 | ||
| Q3 25 | $-0.29 | $-0.03 | ||
| Q2 25 | $-0.27 | $-0.13 | ||
| Q1 25 | $-0.07 | $-0.12 | ||
| Q4 24 | $-0.06 | $-0.11 | ||
| Q3 24 | $-0.33 | $-0.10 | ||
| Q2 24 | $-0.02 | $-0.08 | ||
| Q1 24 | $-0.50 | $-0.09 |
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 | $115.5M | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $183.9M | $1.7B |
| 总资产 | $444.4M | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资DOUGRKLB
| Q4 25 | $115.5M | $1.0B | ||
| Q3 25 | $143.0M | $976.7M | ||
| Q2 25 | $136.3M | $688.1M | ||
| Q1 25 | $136.8M | $428.4M | ||
| Q4 24 | $145.5M | $419.0M | ||
| Q3 24 | $151.4M | $442.4M | ||
| Q2 24 | $92.9M | $496.8M | ||
| Q1 24 | $91.5M | $492.5M |
总债务DOUGRKLB
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
股东权益DOUGRKLB
| Q4 25 | $183.9M | $1.7B | ||
| Q3 25 | $115.1M | $1.3B | ||
| Q2 25 | $137.6M | $688.5M | ||
| Q1 25 | $158.2M | $431.3M | ||
| Q4 24 | $162.2M | $382.5M | ||
| Q3 24 | $173.6M | $419.8M | ||
| Q2 24 | $196.9M | $455.2M | ||
| Q1 24 | $195.1M | $478.9M |
总资产DOUGRKLB
| Q4 25 | $444.4M | $2.3B | ||
| Q3 25 | $480.6M | $2.2B | ||
| Q2 25 | $489.0M | $1.6B | ||
| Q1 25 | $493.9M | $1.3B | ||
| Q4 24 | $493.9M | $1.2B | ||
| Q3 24 | $502.7M | $1.2B | ||
| Q2 24 | $463.9M | $1.2B | ||
| Q1 24 | $461.1M | $1.2B |
负债/权益比DOUGRKLB
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $-14.4M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $-114.2M |
| 自由现金流率自由现金流/营收 | -6.0% | -63.6% |
| 资本支出强度资本支出/营收 | 0.1% | 27.6% |
| 现金转化率经营现金流/净利润 | -0.21× | — |
| 过去12个月自由现金流最近4个季度 | $-17.2M | $-321.8M |
8季度趋势，按日历期对齐
经营现金流DOUGRKLB
| Q4 25 | $-14.4M | $-64.5M | ||
| Q3 25 | $5.5M | $-23.5M | ||
| Q2 25 | $642.0K | $-23.2M | ||
| Q1 25 | $-5.6M | $-54.2M | ||
| Q4 24 | $-9.0M | $-2.4M | ||
| Q3 24 | $9.0M | $-30.9M | ||
| Q2 24 | $1.3M | $-13.0M | ||
| Q1 24 | $-27.3M | $-2.6M |
自由现金流DOUGRKLB
| Q4 25 | $-14.7M | $-114.2M | ||
| Q3 25 | $4.7M | $-69.4M | ||
| Q2 25 | $-575.0K | $-55.3M | ||
| Q1 25 | $-6.7M | $-82.9M | ||
| Q4 24 | $-10.2M | $-23.9M | ||
| Q3 24 | $7.7M | $-41.9M | ||
| Q2 24 | $432.0K | $-28.3M | ||
| Q1 24 | $-29.4M | $-21.8M |
自由现金流率DOUGRKLB
| Q4 25 | -6.0% | -63.6% | ||
| Q3 25 | 1.8% | -44.8% | ||
| Q2 25 | -0.2% | -38.3% | ||
| Q1 25 | -2.6% | -67.6% | ||
| Q4 24 | -4.2% | -18.1% | ||
| Q3 24 | 2.9% | -40.0% | ||
| Q2 24 | 0.2% | -26.7% | ||
| Q1 24 | -14.7% | -23.5% |
资本支出强度DOUGRKLB
| Q4 25 | 0.1% | 27.6% | ||
| Q3 25 | 0.3% | 29.6% | ||
| Q2 25 | 0.4% | 22.2% | ||
| Q1 25 | 0.4% | 23.4% | ||
| Q4 24 | 0.5% | 16.3% | ||
| Q3 24 | 0.5% | 10.5% | ||
| Q2 24 | 0.3% | 14.4% | ||
| Q1 24 | 1.0% | 20.7% |
现金转化率DOUGRKLB
| Q4 25 | -0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
