vs
Dynatrace, Inc.（DT）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Dynatrace, Inc.的季度营收约是Forestar Group Inc.的1.9倍（$515.5M vs $273.0M），Dynatrace, Inc.净利率更高（7.8% vs 5.6%，领先2.1%），Dynatrace, Inc.同比增速更快（18.2% vs 9.0%），Dynatrace, Inc.自由现金流更多（$27.2M vs $-157.1M），过去两年Dynatrace, Inc.的营收复合增速更高（16.3% vs -9.6%）
Dynatrace是总部位于美国的跨国科技企业，主打AI驱动的可观测性平台，旗下软件可用于应用性能监控分析、软件开发流程优化、网络安全防护、IT基础设施运维及用户体验提升等场景，为各行业客户的数字化运营提供有力技术支撑。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
DT vs FOR — 直观对比
营收规模更大
DT
是对方的1.9倍
$273.0M
营收增速更快
DT
高出9.2%
9.0%
净利率更高
DT
高出2.1%
5.6%
自由现金流更多
DT
多$184.3M
$-157.1M
两年增速更快
DT
近两年复合增速
-9.6%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $515.5M | $273.0M |
| 净利润 | $40.1M | $15.4M |
| 毛利率 | 81.4% | 20.1% |
| 营业利润率 | 14.1% | 7.6% |
| 净利率 | 7.8% | 5.6% |
| 营收同比 | 18.2% | 9.0% |
| 净利润同比 | -88.9% | -6.7% |
| 每股收益（稀释后） | $0.13 | $0.30 |
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DTFOR
| Q4 25 | $515.5M | $273.0M | ||
| Q3 25 | $493.8M | $670.5M | ||
| Q2 25 | $477.3M | $390.5M | ||
| Q1 25 | $445.2M | $351.0M | ||
| Q4 24 | $436.2M | $250.4M | ||
| Q3 24 | $418.1M | $551.3M | ||
| Q2 24 | $399.2M | $318.4M | ||
| Q1 24 | $380.8M | $333.8M |
净利润DTFOR
| Q4 25 | $40.1M | $15.4M | ||
| Q3 25 | $57.2M | $86.9M | ||
| Q2 25 | $48.0M | $32.9M | ||
| Q1 25 | $39.3M | $31.6M | ||
| Q4 24 | $361.8M | $16.5M | ||
| Q3 24 | $44.0M | $81.5M | ||
| Q2 24 | $38.6M | $38.7M | ||
| Q1 24 | $37.9M | $45.0M |
毛利率DTFOR
| Q4 25 | 81.4% | 20.1% | ||
| Q3 25 | 81.8% | 22.3% | ||
| Q2 25 | 82.1% | 20.4% | ||
| Q1 25 | 80.9% | 22.6% | ||
| Q4 24 | 81.1% | 22.0% | ||
| Q3 24 | 81.4% | 23.9% | ||
| Q2 24 | 81.3% | 22.5% | ||
| Q1 24 | 81.1% | 24.9% |
营业利润率DTFOR
| Q4 25 | 14.1% | 7.6% | ||
| Q3 25 | 14.8% | 16.9% | ||
| Q2 25 | 13.1% | 11.2% | ||
| Q1 25 | 9.6% | 11.6% | ||
| Q4 24 | 10.9% | 8.7% | ||
| Q3 24 | 11.2% | 19.7% | ||
| Q2 24 | 10.5% | 16.2% | ||
| Q1 24 | 6.1% | 17.6% |
净利率DTFOR
| Q4 25 | 7.8% | 5.6% | ||
| Q3 25 | 11.6% | 13.0% | ||
| Q2 25 | 10.0% | 8.4% | ||
| Q1 25 | 8.8% | 9.0% | ||
| Q4 24 | 82.9% | 6.6% | ||
| Q3 24 | 10.5% | 14.8% | ||
| Q2 24 | 9.7% | 12.2% | ||
| Q1 24 | 10.0% | 13.5% |
每股收益（稀释后）DTFOR
| Q4 25 | $0.13 | $0.30 | ||
| Q3 25 | $0.19 | $1.70 | ||
| Q2 25 | $0.16 | $0.65 | ||
| Q1 25 | $0.12 | $0.62 | ||
| Q4 24 | $1.19 | $0.32 | ||
| Q3 24 | $0.15 | $1.59 | ||
| Q2 24 | $0.13 | $0.76 | ||
| Q1 24 | $0.13 | $0.89 |
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 | $1.2B | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | $2.7B | $1.8B |
| 总资产 | $4.1B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资DTFOR
| Q4 25 | $1.2B | $211.7M | ||
| Q3 25 | $1.3B | $379.2M | ||
| Q2 25 | $1.3B | $189.2M | ||
| Q1 25 | $1.1B | $174.3M | ||
| Q4 24 | $1.0B | $132.0M | ||
| Q3 24 | $1.0B | $481.2M | ||
| Q2 24 | $1.0B | $359.2M | ||
| Q1 24 | $836.9M | $416.2M |
总债务DTFOR
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
股东权益DTFOR
| Q4 25 | $2.7B | $1.8B | ||
| Q3 25 | $2.8B | $1.8B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $2.1B | $1.5B | ||
| Q1 24 | $2.0B | $1.5B |
总资产DTFOR
| Q4 25 | $4.1B | $3.2B | ||
| Q3 25 | $4.1B | $3.1B | ||
| Q2 25 | $4.1B | $3.1B | ||
| Q1 25 | $4.1B | $3.0B | ||
| Q4 24 | $3.7B | $3.0B | ||
| Q3 24 | $3.3B | $2.8B | ||
| Q2 24 | $3.3B | $2.7B | ||
| Q1 24 | $3.4B | $2.6B |
负债/权益比DTFOR
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $33.8M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $27.2M | $-157.1M |
| 自由现金流率自由现金流/营收 | 5.3% | -57.5% |
| 资本支出强度资本支出/营收 | 1.3% | 0.0% |
| 现金转化率经营现金流/净利润 | 0.84× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $465.5M | $93.0M |
8季度趋势，按日历期对齐
经营现金流DTFOR
| Q4 25 | $33.8M | $-157.0M | ||
| Q3 25 | $32.0M | $256.3M | ||
| Q2 25 | $269.7M | $15.8M | ||
| Q1 25 | $162.8M | $-19.8M | ||
| Q4 24 | $42.2M | $-450.0M | ||
| Q3 24 | $23.6M | $119.2M | ||
| Q2 24 | $230.7M | $-61.7M | ||
| Q1 24 | $131.7M | $-59.2M |
自由现金流DTFOR
| Q4 25 | $27.2M | $-157.1M | ||
| Q3 25 | $27.8M | $255.6M | ||
| Q2 25 | $262.2M | $15.0M | ||
| Q1 25 | $148.2M | $-20.5M | ||
| Q4 24 | $37.6M | — | ||
| Q3 24 | $20.1M | $118.4M | ||
| Q2 24 | $227.4M | $-62.3M | ||
| Q1 24 | $121.9M | $-59.8M |
自由现金流率DTFOR
| Q4 25 | 5.3% | -57.5% | ||
| Q3 25 | 5.6% | 38.1% | ||
| Q2 25 | 54.9% | 3.8% | ||
| Q1 25 | 33.3% | -5.8% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 4.8% | 21.5% | ||
| Q2 24 | 57.0% | -19.6% | ||
| Q1 24 | 32.0% | -17.9% |
资本支出强度DTFOR
| Q4 25 | 1.3% | 0.0% | ||
| Q3 25 | 0.8% | 0.1% | ||
| Q2 25 | 1.6% | 0.2% | ||
| Q1 25 | 3.3% | 0.2% | ||
| Q4 24 | 1.1% | 0.0% | ||
| Q3 24 | 0.8% | 0.1% | ||
| Q2 24 | 0.8% | 0.2% | ||
| Q1 24 | 2.6% | 0.2% |
现金转化率DTFOR
| Q4 25 | 0.84× | -10.19× | ||
| Q3 25 | 0.56× | 2.95× | ||
| Q2 25 | 5.62× | 0.48× | ||
| Q1 25 | 4.14× | -0.63× | ||
| Q4 24 | 0.12× | -27.27× | ||
| Q3 24 | 0.54× | 1.46× | ||
| Q2 24 | 5.97× | -1.59× | ||
| Q1 24 | 3.47× | -1.32× |
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
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
