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多邻国（DUOL）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
多邻国的季度营收约是STURM RUGER & CO INC的1.9倍（$282.9M vs $151.1M），多邻国同比增速更快（35.0% vs 3.6%），多邻国自由现金流更多（$96.6M vs $12.3M），过去两年多邻国的营收复合增速更高（29.9% vs 5.1%）
多邻国是全球知名教育科技企业，提供覆盖40余种语言的免费及付费游戏化自适应学习课程，同时推出官方语言能力认证、数学学习、扫盲教育等服务，面向个人用户、教育机构及企业客户提供多元学习解决方案。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
DUOL vs RGR — 直观对比
营收规模更大
DUOL
是对方的1.9倍
$151.1M
营收增速更快
DUOL
高出31.4%
3.6%
自由现金流更多
DUOL
多$84.2M
$12.3M
两年增速更快
DUOL
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $282.9M | $151.1M |
| 净利润 | $42.0M | — |
| 毛利率 | 72.8% | 17.8% |
| 营业利润率 | 15.4% | 2.3% |
| 净利率 | 14.8% | — |
| 营收同比 | 35.0% | 3.6% |
| 净利润同比 | 201.7% | — |
| 每股收益（稀释后） | $0.99 | $0.22 |
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DUOLRGR
| Q4 25 | $282.9M | $151.1M | ||
| Q3 25 | $271.7M | $126.8M | ||
| Q2 25 | $252.3M | $132.5M | ||
| Q1 25 | $230.7M | $135.7M | ||
| Q4 24 | $209.6M | $145.8M | ||
| Q3 24 | $192.6M | $122.3M | ||
| Q2 24 | $178.3M | $130.8M | ||
| Q1 24 | $167.6M | $136.8M |
净利润DUOLRGR
| Q4 25 | $42.0M | — | ||
| Q3 25 | $292.2M | $1.6M | ||
| Q2 25 | $44.8M | $-17.2M | ||
| Q1 25 | $35.1M | $7.8M | ||
| Q4 24 | $13.9M | — | ||
| Q3 24 | $23.4M | $4.7M | ||
| Q2 24 | $24.4M | $8.3M | ||
| Q1 24 | $27.0M | $7.1M |
毛利率DUOLRGR
| Q4 25 | 72.8% | 17.8% | ||
| Q3 25 | 72.5% | 15.1% | ||
| Q2 25 | 72.4% | 3.9% | ||
| Q1 25 | 71.1% | 22.0% | ||
| Q4 24 | 71.9% | 22.8% | ||
| Q3 24 | 72.9% | 18.5% | ||
| Q2 24 | 73.4% | 22.3% | ||
| Q1 24 | 73.0% | 21.5% |
营业利润率DUOLRGR
| Q4 25 | 15.4% | 2.3% | ||
| Q3 25 | 12.9% | -2.7% | ||
| Q2 25 | 13.2% | -15.6% | ||
| Q1 25 | 10.2% | 6.2% | ||
| Q4 24 | 6.6% | 7.8% | ||
| Q3 24 | 7.0% | 3.1% | ||
| Q2 24 | 10.5% | 6.9% | ||
| Q1 24 | 9.8% | 5.5% |
净利率DUOLRGR
| Q4 25 | 14.8% | — | ||
| Q3 25 | 107.5% | 1.2% | ||
| Q2 25 | 17.8% | -13.0% | ||
| Q1 25 | 15.2% | 5.7% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 12.1% | 3.9% | ||
| Q2 24 | 13.7% | 6.3% | ||
| Q1 24 | 16.1% | 5.2% |
每股收益（稀释后）DUOLRGR
| Q4 25 | $0.99 | $0.22 | ||
| Q3 25 | $5.95 | $0.10 | ||
| Q2 25 | $0.91 | $-1.05 | ||
| Q1 25 | $0.72 | $0.46 | ||
| Q4 24 | $0.31 | $0.62 | ||
| Q3 24 | $0.49 | $0.28 | ||
| Q2 24 | $0.51 | $0.47 | ||
| Q1 24 | $0.57 | $0.40 |
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 | $1.0B | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $283.8M |
| 总资产 | $2.0B | $342.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DUOLRGR
| Q4 25 | $1.0B | $92.5M | ||
| Q3 25 | $1.0B | $80.8M | ||
| Q2 25 | $976.2M | $101.4M | ||
| Q1 25 | $884.0M | $108.3M | ||
| Q4 24 | $785.8M | $105.5M | ||
| Q3 24 | $854.4M | $96.0M | ||
| Q2 24 | $888.2M | $105.6M | ||
| Q1 24 | $829.7M | $115.3M |
股东权益DUOLRGR
| Q4 25 | $1.3B | $283.8M | ||
| Q3 25 | $1.3B | $279.6M | ||
| Q2 25 | $977.0M | $289.3M | ||
| Q1 25 | $893.8M | $321.5M | ||
| Q4 24 | $824.5M | $319.6M | ||
| Q3 24 | $822.5M | $314.9M | ||
| Q2 24 | $766.9M | $321.5M | ||
| Q1 24 | $711.1M | $332.0M |
总资产DUOLRGR
| Q4 25 | $2.0B | $342.0M | ||
| Q3 25 | $1.9B | $342.3M | ||
| Q2 25 | $1.5B | $349.5M | ||
| Q1 25 | $1.4B | $379.0M | ||
| Q4 24 | $1.3B | $384.0M | ||
| Q3 24 | $1.2B | $373.5M | ||
| Q2 24 | $1.1B | $376.7M | ||
| Q1 24 | $1.1B | $385.0M |
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 | $107.3M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $96.6M | $12.3M |
| 自由现金流率自由现金流/营收 | 34.1% | 8.2% |
| 资本支出强度资本支出/营收 | 3.8% | 2.1% |
| 现金转化率经营现金流/净利润 | 2.56× | — |
| 过去12个月自由现金流最近4个季度 | $369.7M | $38.5M |
8季度趋势，按日历期对齐
经营现金流DUOLRGR
| Q4 25 | $107.3M | $15.5M | ||
| Q3 25 | $84.2M | $12.9M | ||
| Q2 25 | $90.7M | $14.7M | ||
| Q1 25 | $105.6M | $11.1M | ||
| Q4 24 | $83.3M | $20.0M | ||
| Q3 24 | $56.3M | $9.4M | ||
| Q2 24 | $62.4M | $18.7M | ||
| Q1 24 | $83.5M | $7.3M |
自由现金流DUOLRGR
| Q4 25 | $96.6M | $12.3M | ||
| Q3 25 | $79.4M | $7.0M | ||
| Q2 25 | $89.5M | $9.1M | ||
| Q1 25 | $104.3M | $10.0M | ||
| Q4 24 | $81.4M | $16.4M | ||
| Q3 24 | $53.1M | $2.6M | ||
| Q2 24 | $56.8M | $10.1M | ||
| Q1 24 | $82.1M | $5.6M |
自由现金流率DUOLRGR
| Q4 25 | 34.1% | 8.2% | ||
| Q3 25 | 29.2% | 5.5% | ||
| Q2 25 | 35.5% | 6.9% | ||
| Q1 25 | 45.2% | 7.4% | ||
| Q4 24 | 38.8% | 11.2% | ||
| Q3 24 | 27.6% | 2.1% | ||
| Q2 24 | 31.9% | 7.7% | ||
| Q1 24 | 49.0% | 4.1% |
资本支出强度DUOLRGR
| Q4 25 | 3.8% | 2.1% | ||
| Q3 25 | 1.8% | 4.6% | ||
| Q2 25 | 0.5% | 4.2% | ||
| Q1 25 | 0.6% | 0.8% | ||
| Q4 24 | 0.9% | 2.5% | ||
| Q3 24 | 1.7% | 5.5% | ||
| Q2 24 | 3.1% | 6.6% | ||
| Q1 24 | 0.8% | 1.3% |
现金转化率DUOLRGR
| Q4 25 | 2.56× | — | ||
| Q3 25 | 0.29× | 8.15× | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 3.01× | 1.43× | ||
| Q4 24 | 5.99× | — | ||
| Q3 24 | 2.41× | 1.98× | ||
| Q2 24 | 2.56× | 2.27× | ||
| Q1 24 | 3.10× | 1.04× |
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
DUOL
| License And Service | $242.3M | 86% |
| Advertising | $20.2M | 7% |
| English Test | $10.3M | 4% |
| Other | $10.1M | 4% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
