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伊萨（ESAB）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是伊萨的1.1倍（$828.2M vs $727.8M），Rithm Capital Corp.净利率更高（13.2% vs 7.5%，领先5.7%），Rithm Capital Corp.同比增速更快（508.5% vs 8.5%），过去两年伊萨的营收复合增速更高（2.8% vs -17.9%）
ESAB（全称Elektriska Svetsnings-Aktiebolaget）是一家美国与瑞典合资的跨国工业企业，主营焊接、切割设备及配套耗材的研发、生产与销售，为全球制造业、基建等多领域客户提供专业可靠的工业解决方案，在全球工业市场拥有较高知名度。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
ESAB vs RITM — 直观对比
营收规模更大
RITM
是对方的1.1倍
$727.8M
营收增速更快
RITM
高出500.0%
8.5%
净利率更高
RITM
高出5.7%
7.5%
两年增速更快
ESAB
近两年复合增速
-17.9%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $727.8M | $828.2M |
| 净利润 | $54.8M | $109.5M |
| 毛利率 | 37.0% | — |
| 营业利润率 | 14.6% | 29.9% |
| 净利率 | 7.5% | 13.2% |
| 营收同比 | 8.5% | 508.5% |
| 净利润同比 | 2.1% | 27.7% |
| 每股收益（稀释后） | $0.90 | $0.12 |
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ESABRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $727.8M | $1.5B | ||
| Q3 25 | $715.6M | $1.1B | ||
| Q2 25 | $678.1M | $1.2B | ||
| Q1 25 | — | $768.4M | ||
| Q4 24 | $670.8M | $2.1B | ||
| Q3 24 | $673.3M | $619.5M | ||
| Q2 24 | $707.1M | $1.2B |
净利润ESABRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $54.8M | $85.0M | ||
| Q3 25 | $66.9M | $221.5M | ||
| Q2 25 | $67.4M | $311.7M | ||
| Q1 25 | — | $78.8M | ||
| Q4 24 | $53.7M | $290.2M | ||
| Q3 24 | $68.2M | $121.7M | ||
| Q2 24 | $82.9M | $235.6M |
毛利率ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | 37.0% | — | ||
| Q3 25 | 37.2% | — | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 38.2% | — |
营业利润率ESABRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | 14.6% | 13.8% | ||
| Q3 25 | 15.2% | 21.4% | ||
| Q2 25 | 16.2% | 25.2% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | 16.6% | 23.8% | ||
| Q3 24 | 15.7% | 7.3% | ||
| Q2 24 | 16.9% | 23.6% |
净利率ESABRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 7.5% | 5.7% | ||
| Q3 25 | 9.3% | 20.0% | ||
| Q2 25 | 9.9% | 25.6% | ||
| Q1 25 | — | 10.3% | ||
| Q4 24 | 8.0% | 14.0% | ||
| Q3 24 | 10.1% | 19.7% | ||
| Q2 24 | 11.7% | 19.2% |
每股收益（稀释后）ESABRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.90 | $0.09 | ||
| Q3 25 | $1.09 | $0.35 | ||
| Q2 25 | $1.10 | $0.53 | ||
| Q1 25 | — | $0.07 | ||
| Q4 24 | $0.87 | $0.50 | ||
| Q3 24 | $1.11 | $0.20 | ||
| Q2 24 | $1.35 | $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 | $218.2M | — |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $2.1B | $9.1B |
| 总资产 | $4.9B | $53.4B |
| 负债/权益比越低杠杆越低 | 0.63× | — |
8季度趋势，按日历期对齐
现金及短期投资ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | $218.2M | $1.8B | ||
| Q3 25 | $258.2M | $1.6B | ||
| Q2 25 | $291.3M | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $249.4M | $1.5B | ||
| Q3 24 | $253.7M | $1.6B | ||
| Q2 24 | $228.5M | $1.2B |
总债务ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $35.4B | ||
| Q3 25 | $1.1B | $32.2B | ||
| Q2 25 | $1.1B | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | $1.1B | $32.6B | ||
| Q3 24 | $1.1B | $29.6B | ||
| Q2 24 | $1.1B | $30.1B |
股东权益ESABRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $2.1B | $8.4B | ||
| Q3 25 | $2.1B | $8.5B | ||
| Q2 25 | $1.9B | $7.9B | ||
| Q1 25 | — | $7.8B | ||
| Q4 24 | $1.8B | $7.8B | ||
| Q3 24 | $1.8B | $7.7B | ||
| Q2 24 | $1.7B | $7.3B |
总资产ESABRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $4.9B | $53.1B | ||
| Q3 25 | $4.4B | $47.2B | ||
| Q2 25 | $4.2B | $44.3B | ||
| Q1 25 | — | $45.3B | ||
| Q4 24 | $4.0B | $46.0B | ||
| Q3 24 | $4.1B | $42.3B | ||
| Q2 24 | $4.0B | $42.0B |
负债/权益比ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.63× | 4.20× | ||
| Q3 25 | 0.51× | 3.79× | ||
| Q2 25 | 0.55× | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | 0.60× | 4.18× | ||
| Q3 24 | 0.59× | 3.87× | ||
| Q2 24 | 0.63× | 4.10× |
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 | $81.5M | — |
| 自由现金流经营现金流 - 资本支出 | $70.3M | — |
| 自由现金流率自由现金流/营收 | 9.7% | — |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 现金转化率经营现金流/净利润 | 1.49× | — |
| 过去12个月自由现金流最近4个季度 | $238.0M | — |
8季度趋势，按日历期对齐
经营现金流ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | $81.5M | $-114.6M | ||
| Q3 25 | $46.6M | $-2.0B | ||
| Q2 25 | $35.4M | $-557.1M | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $126.9M | $-1.8B | ||
| Q3 24 | $101.0M | $768.1M | ||
| Q2 24 | $83.0M | $-55.7M |
自由现金流ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | $70.3M | — | ||
| Q3 25 | $37.4M | — | ||
| Q2 25 | $28.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $102.2M | — | ||
| Q3 24 | $90.4M | — | ||
| Q2 24 | $74.0M | — |
自由现金流率ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 13.4% | — | ||
| Q2 24 | 10.5% | — |
资本支出强度ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.3% | — |
现金转化率ESABRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | -1.35× | ||
| Q3 25 | 0.70× | -9.22× | ||
| Q2 25 | 0.53× | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | 2.36× | -6.04× | ||
| Q3 24 | 1.48× | 6.31× | ||
| Q2 24 | 1.00× | -0.24× |
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
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
