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First American Financial Corp（FAF）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
First American Financial Corp的季度营收约是罗致恒富的1.6倍（$2.0B vs $1.3B），First American Financial Corp同比增速更快（21.6% vs -5.8%），First American Financial Corp自由现金流更多（$324.5M vs $170.8M），过去两年First American Financial Corp的营收复合增速更高（19.9% vs -6.1%）
第一美国金融公司是美国知名金融服务企业，主要面向房地产及抵押贷款行业开展业务，核心服务涵盖产权保险、房产交易与抵押业务相关的交割结算服务，在全球地产金融服务领域具备成熟的服务能力与较高的行业认可度。
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。
FAF vs RHI — 直观对比
营收规模更大
FAF
是对方的1.6倍
$1.3B
营收增速更快
FAF
高出27.4%
-5.8%
自由现金流更多
FAF
多$153.7M
$170.8M
两年增速更快
FAF
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.3B |
| 净利润 | $211.9M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | 14.0% | 1.7% |
| 净利率 | 10.3% | — |
| 营收同比 | 21.6% | -5.8% |
| 净利润同比 | 192.7% | — |
| 每股收益（稀释后） | $2.04 | $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FAFRHI
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | $1.4B | $1.5B |
净利润FAFRHI
| Q4 25 | $211.9M | — | ||
| Q3 25 | $189.6M | $42.9M | ||
| Q2 25 | $146.1M | $41.0M | ||
| Q1 25 | $74.2M | $17.4M | ||
| Q4 24 | $72.4M | — | ||
| Q3 24 | $-104.0M | $65.5M | ||
| Q2 24 | $116.0M | $68.2M | ||
| Q1 24 | $46.7M | $63.7M |
毛利率FAFRHI
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 37.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | — | 39.0% | ||
| Q2 24 | — | 39.2% | ||
| Q1 24 | — | 38.1% |
营业利润率FAFRHI
| Q4 25 | 14.0% | 1.7% | ||
| Q3 25 | 12.5% | 1.0% | ||
| Q2 25 | 10.6% | 0.1% | ||
| Q1 25 | 6.1% | 2.9% | ||
| Q4 24 | 5.9% | 4.7% | ||
| Q3 24 | -10.3% | 4.1% | ||
| Q2 24 | 9.4% | 5.1% | ||
| Q1 24 | 4.1% | 2.8% |
净利率FAFRHI
| Q4 25 | 10.3% | — | ||
| Q3 25 | 9.6% | 3.2% | ||
| Q2 25 | 7.9% | 3.0% | ||
| Q1 25 | 4.7% | 1.3% | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | -7.4% | 4.5% | ||
| Q2 24 | 7.2% | 4.6% | ||
| Q1 24 | 3.3% | 4.3% |
每股收益（稀释后）FAFRHI
| Q4 25 | $2.04 | $0.32 | ||
| Q3 25 | $1.84 | $0.43 | ||
| Q2 25 | $1.41 | $0.41 | ||
| Q1 25 | $0.71 | $0.17 | ||
| Q4 24 | $0.70 | $0.53 | ||
| Q3 24 | $-1.00 | $0.64 | ||
| Q2 24 | $1.11 | $0.66 | ||
| Q1 24 | $0.45 | $0.61 |
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 | $1.4B | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.5B | $1.3B |
| 总资产 | $16.2B | $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FAFRHI
| Q4 25 | $1.4B | $464.4M | ||
| Q3 25 | $2.9B | $365.3M | ||
| Q2 25 | $2.0B | $380.5M | ||
| Q1 25 | $2.0B | $342.5M | ||
| Q4 24 | $1.7B | $537.6M | ||
| Q3 24 | $3.0B | $570.5M | ||
| Q2 24 | $2.0B | $547.4M | ||
| Q1 24 | $1.5B | $540.9M |
股东权益FAFRHI
| Q4 25 | $5.5B | $1.3B | ||
| Q3 25 | $5.3B | $1.3B | ||
| Q2 25 | $5.1B | $1.3B | ||
| Q1 25 | $5.0B | $1.3B | ||
| Q4 24 | $4.9B | $1.4B | ||
| Q3 24 | $5.1B | $1.5B | ||
| Q2 24 | $4.8B | $1.5B | ||
| Q1 24 | $4.8B | $1.5B |
总资产FAFRHI
| Q4 25 | $16.2B | $2.9B | ||
| Q3 25 | $17.6B | $2.8B | ||
| Q2 25 | $16.3B | $2.8B | ||
| Q1 25 | $15.5B | $2.7B | ||
| Q4 24 | $14.9B | $2.9B | ||
| Q3 24 | $16.6B | $3.0B | ||
| Q2 24 | $15.2B | $2.9B | ||
| Q1 24 | $14.7B | $2.9B |
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 | $369.3M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $324.5M | $170.8M |
| 自由现金流率自由现金流/营收 | 15.8% | 13.1% |
| 资本支出强度资本支出/营收 | 2.2% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.74× | — |
| 过去12个月自由现金流最近4个季度 | $762.5M | $266.8M |
8季度趋势，按日历期对齐
经营现金流FAFRHI
| Q4 25 | $369.3M | $182.5M | ||
| Q3 25 | $272.5M | $77.4M | ||
| Q2 25 | $361.8M | $119.4M | ||
| Q1 25 | $-52.8M | $-59.3M | ||
| Q4 24 | $324.6M | $154.8M | ||
| Q3 24 | $236.9M | $129.6M | ||
| Q2 24 | $266.7M | $142.0M | ||
| Q1 24 | $69.3M | $-15.9M |
自由现金流FAFRHI
| Q4 25 | $324.5M | $170.8M | ||
| Q3 25 | $223.1M | $63.6M | ||
| Q2 25 | $309.4M | $104.2M | ||
| Q1 25 | $-94.5M | $-71.7M | ||
| Q4 24 | $266.2M | $140.5M | ||
| Q3 24 | $185.4M | $111.8M | ||
| Q2 24 | $210.0M | $129.6M | ||
| Q1 24 | $17.6M | $-27.7M |
自由现金流率FAFRHI
| Q4 25 | 15.8% | 13.1% | ||
| Q3 25 | 11.3% | 4.7% | ||
| Q2 25 | 16.8% | 7.6% | ||
| Q1 25 | -6.0% | -5.3% | ||
| Q4 24 | 15.8% | 10.2% | ||
| Q3 24 | 13.2% | 7.6% | ||
| Q2 24 | 13.0% | 8.8% | ||
| Q1 24 | 1.2% | -1.9% |
资本支出强度FAFRHI
| Q4 25 | 2.2% | 0.9% | ||
| Q3 25 | 2.5% | 1.0% | ||
| Q2 25 | 2.8% | 1.1% | ||
| Q1 25 | 2.6% | 0.9% | ||
| Q4 24 | 3.5% | 1.0% | ||
| Q3 24 | 3.7% | 1.2% | ||
| Q2 24 | 3.5% | 0.8% | ||
| Q1 24 | 3.6% | 0.8% |
现金转化率FAFRHI
| Q4 25 | 1.74× | — | ||
| Q3 25 | 1.44× | 1.80× | ||
| Q2 25 | 2.48× | 2.91× | ||
| Q1 25 | -0.71× | -3.42× | ||
| Q4 24 | 4.48× | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | 2.30× | 2.08× | ||
| Q1 24 | 1.48× | -0.25× |
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
FAF
| Title Insurance And Services | $1.9B | 94% |
| Home Warranty | $110.3M | 5% |
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% |
