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Equinix（EQIX）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
Equinix的季度营收约是罗致恒富的1.9倍（$2.4B vs $1.3B），Equinix同比增速更快（9.0% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $-596.0M），过去两年Equinix的营收复合增速更高（5.4% vs -6.1%）
Equinix是总部位于美国加利福尼亚州雷德伍德城的跨国企业，主营互联网连接服务与数据中心托管业务，旗下数据中心此前常被业内称为“运营商酒店”，2015年1月公司正式转型为房地产投资信托基金（REIT）。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
EQIX vs RHI — 直观对比
营收规模更大
EQIX
是对方的1.9倍
$1.3B
营收增速更快
EQIX
高出14.8%
-5.8%
自由现金流更多
RHI
多$766.8M
$-596.0M
两年增速更快
EQIX
近两年复合增速
-6.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.3B |
| 净利润 | $415.0K | — |
| 毛利率 | 0.1% | 37.6% |
| 营业利润率 | 0.0% | 1.7% |
| 净利率 | 0.0% | — |
| 营收同比 | 9.0% | -5.8% |
| 净利润同比 | 21.0% | — |
| 每股收益（稀释后） | $0.00 | $0.32 |
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EQIXRHI
| Q2 26 | $2.4B | — | ||
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $1.3B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.2B | $1.4B | ||
| Q4 24 | $2.3B | $1.4B | ||
| Q3 24 | $2.2B | $1.5B |
净利润EQIXRHI
| Q2 26 | $415.0K | — | ||
| Q1 26 | $265.0M | — | ||
| Q4 25 | $265.0M | — | ||
| Q3 25 | $374.0M | $42.9M | ||
| Q2 25 | $368.0M | $41.0M | ||
| Q1 25 | $343.0M | $17.4M | ||
| Q4 24 | $-14.0M | — | ||
| Q3 24 | $297.0M | $65.5M |
毛利率EQIXRHI
| Q2 26 | 0.1% | — | ||
| Q1 26 | 50.5% | — | ||
| Q4 25 | 50.5% | 37.6% | ||
| Q3 25 | 50.7% | 37.2% | ||
| Q2 25 | 52.0% | 37.2% | ||
| Q1 25 | 51.3% | 36.9% | ||
| Q4 24 | 47.1% | 38.8% | ||
| Q3 24 | 50.1% | 39.0% |
营业利润率EQIXRHI
| Q2 26 | 0.0% | — | ||
| Q1 26 | 17.4% | — | ||
| Q4 25 | 17.4% | 1.7% | ||
| Q3 25 | 20.5% | 1.0% | ||
| Q2 25 | 21.9% | 0.1% | ||
| Q1 25 | 20.6% | 2.9% | ||
| Q4 24 | 4.6% | 4.7% | ||
| Q3 24 | 19.3% | 4.1% |
净利率EQIXRHI
| Q2 26 | 0.0% | — | ||
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 16.1% | 3.2% | ||
| Q2 25 | 16.3% | 3.0% | ||
| Q1 25 | 15.4% | 1.3% | ||
| Q4 24 | -0.6% | — | ||
| Q3 24 | 13.5% | 4.5% |
每股收益（稀释后）EQIXRHI
| Q2 26 | $0.00 | — | ||
| Q1 26 | $2.70 | — | ||
| Q4 25 | $2.70 | $0.32 | ||
| Q3 25 | $3.81 | $0.43 | ||
| Q2 25 | $3.75 | $0.41 | ||
| Q1 25 | $3.50 | $0.17 | ||
| Q4 24 | $-0.19 | $0.53 | ||
| Q3 24 | $3.10 | $0.64 |
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 | $3.1B | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $14.3B | $1.3B |
| 总资产 | $40.9B | $2.9B |
| 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EQIXRHI
| Q2 26 | $3.1B | — | ||
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $464.4M | ||
| Q3 25 | $2.9B | $365.3M | ||
| Q2 25 | $4.5B | $380.5M | ||
| Q1 25 | $3.7B | $342.5M | ||
| Q4 24 | $3.6B | $537.6M | ||
| Q3 24 | $3.2B | $570.5M |
总债务EQIXRHI
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $17.3B | — | ||
| Q2 25 | $18.1B | — | ||
| Q1 25 | $15.9B | — | ||
| Q4 24 | $15.3B | — | ||
| Q3 24 | $15.4B | — |
股东权益EQIXRHI
| Q2 26 | $14.3B | — | ||
| Q1 26 | $14.2B | — | ||
| Q4 25 | $14.2B | $1.3B | ||
| Q3 25 | $14.2B | $1.3B | ||
| Q2 25 | $14.1B | $1.3B | ||
| Q1 25 | $13.9B | $1.3B | ||
| Q4 24 | $13.5B | $1.4B | ||
| Q3 24 | $13.6B | $1.5B |
总资产EQIXRHI
| Q2 26 | $40.9B | — | ||
| Q1 26 | $40.1B | — | ||
| Q4 25 | $40.1B | $2.9B | ||
| Q3 25 | $38.1B | $2.8B | ||
| Q2 25 | $38.8B | $2.8B | ||
| Q1 25 | $36.1B | $2.7B | ||
| Q4 24 | $35.1B | $2.9B | ||
| Q3 24 | $35.4B | $3.0B |
负债/权益比EQIXRHI
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.14× | — | ||
| Q4 24 | 1.13× | — | ||
| Q3 24 | 1.13× | — |
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 | $717.0M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $-596.0M | $170.8M |
| 自由现金流率自由现金流/营收 | -24.4% | 13.1% |
| 资本支出强度资本支出/营收 | 0.0% | 0.9% |
| 现金转化率经营现金流/净利润 | 1727.71× | — |
| 过去12个月自由现金流最近4个季度 | — | $266.8M |
8季度趋势，按日历期对齐
经营现金流EQIXRHI
| Q2 26 | $717.0M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $182.5M | ||
| Q3 25 | $1.0B | $77.4M | ||
| Q2 25 | $944.0M | $119.4M | ||
| Q1 25 | $809.0M | $-59.3M | ||
| Q4 24 | $981.0M | $154.8M | ||
| Q3 24 | $758.0M | $129.6M |
自由现金流EQIXRHI
| Q2 26 | $-596.0M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-292.0M | $170.8M | ||
| Q3 25 | $-122.0M | $63.6M | ||
| Q2 25 | $-45.0M | $104.2M | ||
| Q1 25 | $59.0M | $-71.7M | ||
| Q4 24 | $-6.0M | $140.5M | ||
| Q3 24 | $34.0M | $111.8M |
自由现金流率EQIXRHI
| Q2 26 | -24.4% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -12.1% | 13.1% | ||
| Q3 25 | -5.3% | 4.7% | ||
| Q2 25 | -2.0% | 7.6% | ||
| Q1 25 | 2.7% | -5.3% | ||
| Q4 24 | -0.3% | 10.2% | ||
| Q3 24 | 1.5% | 7.6% |
资本支出强度EQIXRHI
| Q2 26 | 0.0% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 59.3% | 0.9% | ||
| Q3 25 | 49.1% | 1.0% | ||
| Q2 25 | 43.8% | 1.1% | ||
| Q1 25 | 33.7% | 0.9% | ||
| Q4 24 | 43.7% | 1.0% | ||
| Q3 24 | 32.9% | 1.2% |
现金转化率EQIXRHI
| Q2 26 | 1727.71× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 4.32× | — | ||
| Q3 25 | 2.71× | 1.80× | ||
| Q2 25 | 2.57× | 2.91× | ||
| Q1 25 | 2.36× | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.55× | 1.98× |
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
EQIX
| Recurring revenues | $1.0B | 43% |
| Colocation | $731.0M | 30% |
| Other | $314.0M | 13% |
| Interconnection | $251.0M | 10% |
| Managed infrastructure | $57.0M | 2% |
| Non-recurring revenues | $45.0M | 2% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
