vs
Dynatrace, Inc.（DT）与WINNEBAGO INDUSTRIES INC（WGO）财务数据对比。点击上方公司名可切换其他公司
WINNEBAGO INDUSTRIES INC的季度营收约是Dynatrace, Inc.的1.4倍（$702.7M vs $515.5M），Dynatrace, Inc.净利率更高（7.8% vs 0.8%，领先7.0%），Dynatrace, Inc.同比增速更快（18.2% vs 12.3%），Dynatrace, Inc.自由现金流更多（$27.2M vs $19.8M），过去两年Dynatrace, Inc.的营收复合增速更高（16.3% vs -4.5%）
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。
温尼贝戈工业是美国知名的房车制造商，主营 recreational vehicle（ recreational vehicle 即休闲旅居车）生产制造，2018年收购克里斯-克拉夫特公司后进军摩托艇制造领域，企业也曾产出中轻型多用途车等相关产品，公司名称源自其原总部所在地爱荷华州的温纳贝戈县。
DT vs WGO — 直观对比
营收规模更大
WGO
是对方的1.4倍
$515.5M
营收增速更快
DT
高出5.9%
12.3%
净利率更高
DT
高出7.0%
0.8%
自由现金流更多
DT
多$7.4M
$19.8M
两年增速更快
DT
近两年复合增速
-4.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $515.5M | $702.7M |
| 净利润 | $40.1M | $5.5M |
| 毛利率 | 81.4% | 12.7% |
| 营业利润率 | 14.1% | 2.0% |
| 净利率 | 7.8% | 0.8% |
| 营收同比 | 18.2% | 12.3% |
| 净利润同比 | -88.9% | 205.8% |
| 每股收益（稀释后） | $0.13 | $0.19 |
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DTWGO
| Q4 25 | $515.5M | $702.7M | ||
| Q3 25 | $493.8M | — | ||
| Q2 25 | $477.3M | $775.1M | ||
| Q1 25 | $445.2M | — | ||
| Q4 24 | $436.2M | $625.6M | ||
| Q3 24 | $418.1M | $720.9M | ||
| Q2 24 | $399.2M | $786.0M | ||
| Q1 24 | $380.8M | $703.6M |
净利润DTWGO
| Q4 25 | $40.1M | $5.5M | ||
| Q3 25 | $57.2M | — | ||
| Q2 25 | $48.0M | $17.6M | ||
| Q1 25 | $39.3M | — | ||
| Q4 24 | $361.8M | $-5.2M | ||
| Q3 24 | $44.0M | $-29.1M | ||
| Q2 24 | $38.6M | $29.0M | ||
| Q1 24 | $37.9M | $-12.7M |
毛利率DTWGO
| Q4 25 | 81.4% | 12.7% | ||
| Q3 25 | 81.8% | — | ||
| Q2 25 | 82.1% | 13.7% | ||
| Q1 25 | 80.9% | — | ||
| Q4 24 | 81.1% | 12.3% | ||
| Q3 24 | 81.4% | 13.1% | ||
| Q2 24 | 81.3% | 15.0% | ||
| Q1 24 | 81.1% | 15.0% |
营业利润率DTWGO
| Q4 25 | 14.1% | 2.0% | ||
| Q3 25 | 14.8% | — | ||
| Q2 25 | 13.1% | 3.9% | ||
| Q1 25 | 9.6% | — | ||
| Q4 24 | 10.9% | -0.1% | ||
| Q3 24 | 11.2% | -2.5% | ||
| Q2 24 | 10.5% | 5.5% | ||
| Q1 24 | 6.1% | 5.0% |
净利率DTWGO
| Q4 25 | 7.8% | 0.8% | ||
| Q3 25 | 11.6% | — | ||
| Q2 25 | 10.0% | 2.3% | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | 82.9% | -0.8% | ||
| Q3 24 | 10.5% | -4.0% | ||
| Q2 24 | 9.7% | 3.7% | ||
| Q1 24 | 10.0% | -1.8% |
每股收益（稀释后）DTWGO
| Q4 25 | $0.13 | $0.19 | ||
| Q3 25 | $0.19 | — | ||
| Q2 25 | $0.16 | $0.62 | ||
| Q1 25 | $0.12 | — | ||
| Q4 24 | $1.19 | $-0.18 | ||
| Q3 24 | $0.15 | $-0.87 | ||
| Q2 24 | $0.13 | $0.96 | ||
| Q1 24 | $0.13 | $-0.43 |
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 | $181.7M |
| 总债务越低越好 | — | $541.0M |
| 股东权益账面价值 | $2.7B | $1.2B |
| 总资产 | $4.1B | $2.1B |
| 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DTWGO
| Q4 25 | $1.2B | $181.7M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | $10.5M | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.0B | $262.5M | ||
| Q3 24 | $1.0B | $330.9M | ||
| Q2 24 | $1.0B | $318.1M | ||
| Q1 24 | $836.9M | $265.7M |
总债务DTWGO
| Q4 25 | — | $541.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $539.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $637.7M | ||
| Q3 24 | — | $637.1M | ||
| Q2 24 | — | $636.4M | ||
| Q1 24 | — | $694.8M |
股东权益DTWGO
| Q4 25 | $2.7B | $1.2B | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.7B | $1.2B | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | $1.2B | ||
| Q3 24 | $2.1B | $1.3B | ||
| Q2 24 | $2.1B | $1.3B | ||
| Q1 24 | $2.0B | $1.3B |
总资产DTWGO
| Q4 25 | $4.1B | $2.1B | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.1B | $2.1B | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $3.7B | $2.3B | ||
| Q3 24 | $3.3B | $2.4B | ||
| Q2 24 | $3.3B | $2.4B | ||
| Q1 24 | $3.4B | $2.4B |
负债/权益比DTWGO
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.50× | ||
| Q2 24 | — | 0.48× | ||
| Q1 24 | — | 0.52× |
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 | $25.4M |
| 自由现金流经营现金流 - 资本支出 | $27.2M | $19.8M |
| 自由现金流率自由现金流/营收 | 5.3% | 2.8% |
| 资本支出强度资本支出/营收 | 1.3% | 0.8% |
| 现金转化率经营现金流/净利润 | 0.84× | 4.62× |
| 过去12个月自由现金流最近4个季度 | $465.5M | $-32.4M |
8季度趋势，按日历期对齐
经营现金流DTWGO
| Q4 25 | $33.8M | $25.4M | ||
| Q3 25 | $32.0M | — | ||
| Q2 25 | $269.7M | $-35.8M | ||
| Q1 25 | $162.8M | — | ||
| Q4 24 | $42.2M | $-16.7M | ||
| Q3 24 | $23.6M | $40.7M | ||
| Q2 24 | $230.7M | $99.4M | ||
| Q1 24 | $131.7M | $25.2M |
自由现金流DTWGO
| Q4 25 | $27.2M | $19.8M | ||
| Q3 25 | $27.8M | — | ||
| Q2 25 | $262.2M | $-55.0M | ||
| Q1 25 | $148.2M | — | ||
| Q4 24 | $37.6M | $-26.7M | ||
| Q3 24 | $20.1M | $29.5M | ||
| Q2 24 | $227.4M | $88.4M | ||
| Q1 24 | $121.9M | $14.2M |
自由现金流率DTWGO
| Q4 25 | 5.3% | 2.8% | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 54.9% | -7.1% | ||
| Q1 25 | 33.3% | — | ||
| Q4 24 | 8.6% | -4.3% | ||
| Q3 24 | 4.8% | 4.1% | ||
| Q2 24 | 57.0% | 11.2% | ||
| Q1 24 | 32.0% | 2.0% |
资本支出强度DTWGO
| Q4 25 | 1.3% | 0.8% | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 1.6% | 2.5% | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 1.1% | 1.6% | ||
| Q3 24 | 0.8% | 1.6% | ||
| Q2 24 | 0.8% | 1.4% | ||
| Q1 24 | 2.6% | 1.6% |
现金转化率DTWGO
| Q4 25 | 0.84× | 4.62× | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 5.62× | -2.03× | ||
| Q1 25 | 4.14× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 5.97× | 3.43× | ||
| Q1 24 | 3.47× | — |
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% |
WGO
| Travel Trailer | $139.2M | 20% |
| Class C And Other | $131.0M | 19% |
| Fifth Wheel | $116.0M | 17% |
| Class A | $97.4M | 14% |
| Marine Segment | $79.2M | 11% |
| Class B | $76.3M | 11% |
| Other | $56.4M | 8% |
