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雅诗兰黛（EL）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
雅诗兰黛的季度营收约是Rocket Companies, Inc.的1.6倍（$4.2B vs $2.7B），雅诗兰黛净利率更高（3.8% vs 2.5%，领先1.3%），Rocket Companies, Inc.同比增速更快（52.2% vs 5.6%），雅诗兰黛自由现金流更多（$1.0B vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs 3.6%）
雅诗兰黛是全球知名的高端美妆集团，由创始人雅诗·兰黛女士与丈夫约瑟夫·劳特共同创立。雅诗·兰黛女士也是唯一一位登上《时代》杂志1998年“20世纪20位最具影响力商业天才”榜单的女性，集团旗下拥有多个知名美妆、护肤、香氛品牌，业务覆盖全球众多国家和地区。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
EL vs RKT — 直观对比
营收规模更大
EL
是对方的1.6倍
$2.7B
营收增速更快
RKT
高出46.5%
5.6%
净利率更高
EL
高出1.3%
2.5%
自由现金流更多
EL
多$2.3B
$-1.3B
两年增速更快
RKT
近两年复合增速
3.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $2.7B |
| 净利润 | $162.0M | $68.0M |
| 毛利率 | 76.5% | — |
| 营业利润率 | 9.5% | 6.3% |
| 净利率 | 3.8% | 2.5% |
| 营收同比 | 5.6% | 52.2% |
| 净利润同比 | 127.5% | 100.8% |
| 每股收益（稀释后） | $0.44 | $0.10 |
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ELRKT
| Q4 25 | $4.2B | $2.7B | ||
| Q3 25 | $3.5B | $1.6B | ||
| Q2 25 | $3.4B | $1.4B | ||
| Q1 25 | $3.5B | $1.0B | ||
| Q4 24 | $4.0B | $1.8B | ||
| Q3 24 | $3.4B | $646.9M | ||
| Q2 24 | $3.9B | $1.3B | ||
| Q1 24 | $3.9B | $1.4B |
净利润ELRKT
| Q4 25 | $162.0M | $68.0M | ||
| Q3 25 | $47.0M | $-123.9M | ||
| Q2 25 | $-546.0M | $-1.8M | ||
| Q1 25 | $159.0M | $-10.4M | ||
| Q4 24 | $-590.0M | $33.9M | ||
| Q3 24 | $-156.0M | $-22.0M | ||
| Q2 24 | $-286.0M | $1.3M | ||
| Q1 24 | $335.0M | $16.2M |
毛利率ELRKT
| Q4 25 | 76.5% | — | ||
| Q3 25 | 73.4% | — | ||
| Q2 25 | 72.0% | — | ||
| Q1 25 | 75.0% | — | ||
| Q4 24 | 76.1% | 58.9% | ||
| Q3 24 | 72.4% | -8.4% | ||
| Q2 24 | 71.8% | 47.4% | ||
| Q1 24 | 71.9% | 51.2% |
营业利润率ELRKT
| Q4 25 | 9.5% | 6.3% | ||
| Q3 25 | 4.9% | -11.5% | ||
| Q2 25 | -11.4% | 1.8% | ||
| Q1 25 | 8.6% | -21.5% | ||
| Q4 24 | -14.5% | 38.1% | ||
| Q3 24 | -3.6% | -76.9% | ||
| Q2 24 | -6.0% | 14.8% | ||
| Q1 24 | 13.5% | 21.6% |
净利率ELRKT
| Q4 25 | 3.8% | 2.5% | ||
| Q3 25 | 1.4% | -7.7% | ||
| Q2 25 | -16.0% | -0.1% | ||
| Q1 25 | 4.5% | -1.0% | ||
| Q4 24 | -14.7% | 1.9% | ||
| Q3 24 | -4.6% | -3.4% | ||
| Q2 24 | -7.4% | 0.1% | ||
| Q1 24 | 8.5% | 1.2% |
每股收益（稀释后）ELRKT
| Q4 25 | $0.44 | $0.10 | ||
| Q3 25 | $0.13 | $-0.06 | ||
| Q2 25 | $-1.52 | $-0.01 | ||
| Q1 25 | $0.44 | $-0.08 | ||
| Q4 24 | $-1.64 | $0.28 | ||
| Q3 24 | $-0.43 | $-0.19 | ||
| Q2 24 | $-0.79 | $0.01 | ||
| Q1 24 | $0.91 | $0.11 |
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 | — | $2.7B |
| 总债务越低越好 | $7.3B | — |
| 股东权益账面价值 | $4.0B | $22.9B |
| 总资产 | $19.6B | $60.7B |
| 负债/权益比越低杠杆越低 | 1.82× | — |
8季度趋势，按日历期对齐
现金及短期投资ELRKT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $861.4M |
总债务ELRKT
| Q4 25 | $7.3B | — | ||
| Q3 25 | $7.3B | — | ||
| Q2 25 | $7.3B | — | ||
| Q1 25 | $7.3B | — | ||
| Q4 24 | $7.3B | — | ||
| Q3 24 | $7.3B | — | ||
| Q2 24 | $7.3B | — | ||
| Q1 24 | $7.3B | — |
股东权益ELRKT
| Q4 25 | $4.0B | $22.9B | ||
| Q3 25 | $3.9B | $8.9B | ||
| Q2 25 | $3.9B | $7.4B | ||
| Q1 25 | $4.3B | $8.6B | ||
| Q4 24 | $4.2B | $9.0B | ||
| Q3 24 | $5.1B | $8.4B | ||
| Q2 24 | $5.3B | $8.8B | ||
| Q1 24 | $5.7B | $8.6B |
总资产ELRKT
| Q4 25 | $19.6B | $60.7B | ||
| Q3 25 | $19.3B | $33.6B | ||
| Q2 25 | $19.9B | $30.4B | ||
| Q1 25 | $19.9B | $25.3B | ||
| Q4 24 | $19.8B | $24.5B | ||
| Q3 24 | $21.3B | $25.1B | ||
| Q2 24 | $21.7B | $23.6B | ||
| Q1 24 | $22.7B | $22.2B |
负债/权益比ELRKT
| Q4 25 | 1.82× | — | ||
| Q3 25 | 1.88× | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 1.44× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 1.26× | — |
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 | $1.1B | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $-1.3B |
| 自由现金流率自由现金流/营收 | 24.0% | -47.2% |
| 资本支出强度资本支出/营收 | 2.6% | 1.5% |
| 现金转化率经营现金流/净利润 | 6.94× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $-4.0B |
8季度趋势，按日历期对齐
经营现金流ELRKT
| Q4 25 | $1.1B | $-1.2B | ||
| Q3 25 | $-340.0M | $-50.3M | ||
| Q2 25 | $601.0M | $-1.9B | ||
| Q1 25 | $284.0M | $-797.0M | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $-670.0M | $-1.3B | ||
| Q2 24 | $889.0M | $-122.3M | ||
| Q1 24 | $534.0M | $-3.0B |
自由现金流ELRKT
| Q4 25 | $1.0B | $-1.3B | ||
| Q3 25 | $-436.0M | $-71.8M | ||
| Q2 25 | $394.0M | $-1.9B | ||
| Q1 25 | $162.0M | $-811.0M | ||
| Q4 24 | $925.0M | $1.8B | ||
| Q3 24 | $-811.0M | $-1.4B | ||
| Q2 24 | $672.0M | $-138.3M | ||
| Q1 24 | $359.0M | $-3.0B |
自由现金流率ELRKT
| Q4 25 | 24.0% | -47.2% | ||
| Q3 25 | -12.5% | -4.5% | ||
| Q2 25 | 11.6% | -137.2% | ||
| Q1 25 | 4.6% | -78.2% | ||
| Q4 24 | 23.1% | 103.1% | ||
| Q3 24 | -24.1% | -209.6% | ||
| Q2 24 | 17.4% | -10.6% | ||
| Q1 24 | 9.1% | -218.7% |
资本支出强度ELRKT
| Q4 25 | 2.6% | 1.5% | ||
| Q3 25 | 2.8% | 1.3% | ||
| Q2 25 | 6.1% | 1.1% | ||
| Q1 25 | 3.4% | 1.4% | ||
| Q4 24 | 3.3% | 1.1% | ||
| Q3 24 | 4.2% | 2.9% | ||
| Q2 24 | 5.6% | 1.2% | ||
| Q1 24 | 4.4% | 1.0% |
现金转化率ELRKT
| Q4 25 | 6.94× | -18.08× | ||
| Q3 25 | -7.23× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.79× | — | ||
| Q4 24 | — | 54.42× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -94.46× | ||
| Q1 24 | 1.59× | -185.80× |
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
EL
| Skin Care | $2.1B | 49% |
| Makeup | $1.2B | 28% |
| Fragrance | $812.0M | 19% |
| Hair Care | $168.0M | 4% |
| Other | $31.0M | 1% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
