vs
优尼威尔（DSGR）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
优尼威尔的季度营收约是RBC Bearings INC的1.1倍（$518.0M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 1.2%，领先13.4%），RBC Bearings INC同比增速更快（17.0% vs 10.7%），RBC Bearings INC自由现金流更多（$99.1M vs $32.9M），过去两年优尼威尔的营收复合增速更高（13.1% vs 5.6%）
优尼威尔解决方案公司是一家全球化化学品与原料分销商，同时可为客户提供各类增值服务，业务网络覆盖全球多个地区，在化工及原料分销领域拥有丰富的行业经验与资源积累。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
DSGR vs RBC — 直观对比
营收规模更大
DSGR
是对方的1.1倍
$461.6M
营收增速更快
RBC
高出6.4%
10.7%
净利率更高
RBC
高出13.4%
1.2%
自由现金流更多
RBC
多$66.2M
$32.9M
两年增速更快
DSGR
近两年复合增速
5.6%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $518.0M | $461.6M |
| 净利润 | $6.5M | $67.4M |
| 毛利率 | 32.9% | 44.3% |
| 营业利润率 | 4.6% | 22.3% |
| 净利率 | 1.2% | 14.6% |
| 营收同比 | 10.7% | 17.0% |
| 净利润同比 | -70.6% | 16.4% |
| 每股收益（稀释后） | $0.14 | $2.13 |
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DSGRRBC
| Q4 25 | — | $461.6M | ||
| Q3 25 | $518.0M | $455.3M | ||
| Q2 25 | $502.4M | $436.0M | ||
| Q1 25 | $478.0M | $437.7M | ||
| Q4 24 | $480.5M | $394.4M | ||
| Q3 24 | $468.0M | $397.9M | ||
| Q2 24 | $439.5M | $406.3M | ||
| Q1 24 | $416.1M | $413.7M |
净利润DSGRRBC
| Q4 25 | — | $67.4M | ||
| Q3 25 | $6.5M | $60.0M | ||
| Q2 25 | $5.0M | $68.5M | ||
| Q1 25 | $3.3M | $72.7M | ||
| Q4 24 | $-25.9M | $57.9M | ||
| Q3 24 | $21.9M | $54.2M | ||
| Q2 24 | $1.9M | $61.4M | ||
| Q1 24 | $-5.2M | — |
毛利率DSGRRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | 32.9% | 44.1% | ||
| Q2 25 | 33.9% | 44.8% | ||
| Q1 25 | 34.3% | 44.2% | ||
| Q4 24 | 33.3% | 44.3% | ||
| Q3 24 | 33.9% | 43.7% | ||
| Q2 24 | 34.5% | 45.3% | ||
| Q1 24 | 34.5% | 43.1% |
营业利润率DSGRRBC
| Q4 25 | — | 22.3% | ||
| Q3 25 | 4.6% | 21.5% | ||
| Q2 25 | 5.3% | 23.2% | ||
| Q1 25 | 4.2% | 23.0% | ||
| Q4 24 | 4.2% | 21.7% | ||
| Q3 24 | 4.0% | 21.6% | ||
| Q2 24 | 3.2% | 24.0% | ||
| Q1 24 | 0.7% | 22.8% |
净利率DSGRRBC
| Q4 25 | — | 14.6% | ||
| Q3 25 | 1.2% | 13.2% | ||
| Q2 25 | 1.0% | 15.7% | ||
| Q1 25 | 0.7% | 16.6% | ||
| Q4 24 | -5.4% | 14.7% | ||
| Q3 24 | 4.7% | 13.6% | ||
| Q2 24 | 0.4% | 15.1% | ||
| Q1 24 | -1.3% | — |
每股收益（稀释后）DSGRRBC
| Q4 25 | — | $2.13 | ||
| Q3 25 | $0.14 | $1.90 | ||
| Q2 25 | $0.11 | $2.17 | ||
| Q1 25 | $0.07 | $2.33 | ||
| Q4 24 | $-0.55 | $1.82 | ||
| Q3 24 | $0.46 | $1.65 | ||
| Q2 24 | $0.04 | $1.90 | ||
| Q1 24 | $-0.11 | $1.92 |
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 | $69.2M | $107.6M |
| 总债务越低越好 | $665.5M | $990.2M |
| 股东权益账面价值 | $653.9M | $3.3B |
| 总资产 | $1.8B | $5.1B |
| 负债/权益比越低杠杆越低 | 1.02× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资DSGRRBC
| Q4 25 | — | $107.6M | ||
| Q3 25 | $69.2M | $91.2M | ||
| Q2 25 | $47.4M | $132.9M | ||
| Q1 25 | $65.4M | $36.8M | ||
| Q4 24 | $66.5M | — | ||
| Q3 24 | $61.3M | — | ||
| Q2 24 | $46.8M | $76.8M | ||
| Q1 24 | $73.1M | $63.5M |
总债务DSGRRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | $665.5M | $1.1B | ||
| Q2 25 | $675.0M | $915.6M | ||
| Q1 25 | $712.4M | $920.1M | ||
| Q4 24 | $693.9M | — | ||
| Q3 24 | $704.1M | — | ||
| Q2 24 | $573.7M | — | ||
| Q1 24 | $535.7M | $1.2B |
股东权益DSGRRBC
| Q4 25 | — | $3.3B | ||
| Q3 25 | $653.9M | $3.2B | ||
| Q2 25 | $649.4M | $3.1B | ||
| Q1 25 | $636.7M | $3.0B | ||
| Q4 24 | $640.5M | $2.9B | ||
| Q3 24 | $680.8M | $2.9B | ||
| Q2 24 | $653.3M | $2.8B | ||
| Q1 24 | $654.7M | $2.8B |
总资产DSGRRBC
| Q4 25 | — | $5.1B | ||
| Q3 25 | $1.8B | $5.1B | ||
| Q2 25 | $1.8B | $4.8B | ||
| Q1 25 | $1.8B | $4.7B | ||
| Q4 24 | $1.7B | $4.7B | ||
| Q3 24 | $1.8B | $4.7B | ||
| Q2 24 | $1.6B | $4.7B | ||
| Q1 24 | $1.5B | $4.7B |
负债/权益比DSGRRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | 1.02× | 0.34× | ||
| Q2 25 | 1.04× | 0.29× | ||
| Q1 25 | 1.12× | 0.30× | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.82× | 0.43× |
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 | $38.4M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $32.9M | $99.1M |
| 自由现金流率自由现金流/营收 | 6.3% | 21.5% |
| 资本支出强度资本支出/营收 | 1.1% | 5.0% |
| 现金转化率经营现金流/净利润 | 5.95× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $92.2M | — |
8季度趋势，按日历期对齐
经营现金流DSGRRBC
| Q4 25 | — | $122.1M | ||
| Q3 25 | $38.4M | $88.4M | ||
| Q2 25 | $33.3M | $120.0M | ||
| Q1 25 | $-4.8M | — | ||
| Q4 24 | $45.7M | $84.0M | ||
| Q3 24 | $-17.3M | — | ||
| Q2 24 | $21.4M | $97.4M | ||
| Q1 24 | $6.6M | — |
自由现金流DSGRRBC
| Q4 25 | — | $99.1M | ||
| Q3 25 | $32.9M | $71.7M | ||
| Q2 25 | $28.7M | $104.3M | ||
| Q1 25 | $-10.4M | — | ||
| Q4 24 | $41.1M | $73.6M | ||
| Q3 24 | $-20.5M | — | ||
| Q2 24 | $18.0M | $88.4M | ||
| Q1 24 | $4.2M | — |
自由现金流率DSGRRBC
| Q4 25 | — | 21.5% | ||
| Q3 25 | 6.3% | 15.7% | ||
| Q2 25 | 5.7% | 23.9% | ||
| Q1 25 | -2.2% | — | ||
| Q4 24 | 8.6% | 18.7% | ||
| Q3 24 | -4.4% | — | ||
| Q2 24 | 4.1% | 21.8% | ||
| Q1 24 | 1.0% | — |
资本支出强度DSGRRBC
| Q4 25 | — | 5.0% | ||
| Q3 25 | 1.1% | 3.7% | ||
| Q2 25 | 0.9% | 3.6% | ||
| Q1 25 | 1.2% | 3.2% | ||
| Q4 24 | 1.0% | 2.6% | ||
| Q3 24 | 0.7% | 4.1% | ||
| Q2 24 | 0.8% | 2.2% | ||
| Q1 24 | 0.6% | — |
现金转化率DSGRRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | 5.95× | 1.47× | ||
| Q2 25 | 6.66× | 1.75× | ||
| Q1 25 | -1.46× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | -0.79× | — | ||
| Q2 24 | 11.28× | 1.59× | ||
| 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
DSGR
| Test Equity Segment | $206.5M | 40% |
| Gexpro Services Segment | $130.5M | 25% |
| Lawson Segment | $121.5M | 23% |
| Canada Branch Division Segment | $60.0M | 12% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
