vs
FactSet（FDS）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是FactSet的2.0倍（$1.2B vs $607.6M），FactSet净利率更高（25.1% vs 9.1%，领先16.0%），FactSet同比增速更快（6.9% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $90.4M），过去两年利氏兄弟拍卖行的营收复合增速更高（6.3% vs 5.5%）
FactSet是总部位于美国康涅狄格州诺沃克的金融数据与软件企业，为客户提供一体化数据及软件解决方案。2024财年，公司年度订阅价值与专业服务营收合计22亿美元，当前总市值约170亿美元。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
FDS vs RBA — 直观对比
营收规模更大
RBA
是对方的2.0倍
$607.6M
营收增速更快
FDS
高出1.4%
5.4%
净利率更高
FDS
高出16.0%
9.1%
自由现金流更多
RBA
多$96.1M
$90.4M
两年增速更快
RBA
近两年复合增速
5.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $607.6M | $1.2B |
| 净利润 | $152.6M | $109.7M |
| 毛利率 | 52.6% | — |
| 营业利润率 | 31.6% | 14.7% |
| 净利率 | 25.1% | 9.1% |
| 营收同比 | 6.9% | 5.4% |
| 净利润同比 | 1.7% | -7.4% |
| 每股收益（稀释后） | $4.06 | $0.53 |
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FDSRBA
| Q4 25 | $607.6M | $1.2B | ||
| Q3 25 | $596.9M | $1.1B | ||
| Q2 25 | $585.5M | $1.2B | ||
| Q1 25 | $570.7M | $1.1B | ||
| Q4 24 | $568.7M | $1.1B | ||
| Q3 24 | $562.2M | $981.8M | ||
| Q2 24 | $552.7M | $1.1B | ||
| Q1 24 | $545.9M | $1.1B |
净利润FDSRBA
| Q4 25 | $152.6M | $109.7M | ||
| Q3 25 | $153.6M | $95.5M | ||
| Q2 25 | $148.5M | $109.8M | ||
| Q1 25 | $144.9M | $113.4M | ||
| Q4 24 | $150.0M | $118.5M | ||
| Q3 24 | $89.5M | $76.1M | ||
| Q2 24 | $158.1M | $111.1M | ||
| Q1 24 | $140.9M | $107.4M |
毛利率FDSRBA
| Q4 25 | 52.6% | — | ||
| Q3 25 | 51.6% | — | ||
| Q2 25 | 52.1% | — | ||
| Q1 25 | 52.8% | — | ||
| Q4 24 | 54.5% | — | ||
| Q3 24 | 54.1% | — | ||
| Q2 24 | 55.3% | — | ||
| Q1 24 | 53.3% | — |
营业利润率FDSRBA
| Q4 25 | 31.6% | 14.7% | ||
| Q3 25 | 29.7% | 14.5% | ||
| Q2 25 | 33.2% | 15.9% | ||
| Q1 25 | 32.5% | 17.1% | ||
| Q4 24 | 33.6% | 18.1% | ||
| Q3 24 | 22.7% | 15.6% | ||
| Q2 24 | 36.6% | 18.4% | ||
| Q1 24 | 33.3% | 18.7% |
净利率FDSRBA
| Q4 25 | 25.1% | 9.1% | ||
| Q3 25 | 25.7% | 8.7% | ||
| Q2 25 | 25.4% | 9.3% | ||
| Q1 25 | 25.4% | 10.2% | ||
| Q4 24 | 26.4% | 10.4% | ||
| Q3 24 | 15.9% | 7.8% | ||
| Q2 24 | 28.6% | 10.1% | ||
| Q1 24 | 25.8% | 10.1% |
每股收益（稀释后）FDSRBA
| Q4 25 | $4.06 | $0.53 | ||
| Q3 25 | $4.03 | $0.43 | ||
| Q2 25 | $3.87 | $0.53 | ||
| Q1 25 | $3.76 | $0.55 | ||
| Q4 24 | $3.89 | $0.58 | ||
| Q3 24 | $2.33 | $0.36 | ||
| Q2 24 | $4.09 | $0.54 | ||
| Q1 24 | $3.65 | $0.53 |
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 | $292.7M | $531.5M |
| 总债务越低越好 | $1.4B | $2.3B |
| 股东权益账面价值 | $2.2B | $5.6B |
| 总资产 | $4.2B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.63× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资FDSRBA
| Q4 25 | $292.7M | $531.5M | ||
| Q3 25 | $355.1M | $674.7M | ||
| Q2 25 | $364.0M | $710.2M | ||
| Q1 25 | $287.0M | $578.1M | ||
| Q4 24 | $358.8M | $533.9M | ||
| Q3 24 | $492.6M | $650.7M | ||
| Q2 24 | $522.0M | $599.5M | ||
| Q1 24 | $450.2M | $462.8M |
总债务FDSRBA
| Q4 25 | $1.4B | $2.3B | ||
| Q3 25 | $1.4B | $2.6B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.5B | $2.6B | ||
| Q4 24 | $1.4B | $2.6B | ||
| Q3 24 | $1.4B | $2.7B | ||
| Q2 24 | $1.4B | $2.8B | ||
| Q1 24 | $1.5B | $2.9B |
股东权益FDSRBA
| Q4 25 | $2.2B | $5.6B | ||
| Q3 25 | $2.2B | $5.5B | ||
| Q2 25 | $2.2B | $5.5B | ||
| Q1 25 | $2.1B | $5.3B | ||
| Q4 24 | $2.0B | $5.2B | ||
| Q3 24 | $1.9B | $5.2B | ||
| Q2 24 | $1.9B | $5.2B | ||
| Q1 24 | $1.8B | $5.1B |
总资产FDSRBA
| Q4 25 | $4.2B | $12.1B | ||
| Q3 25 | $4.3B | $12.2B | ||
| Q2 25 | $4.3B | $12.2B | ||
| Q1 25 | $4.2B | $11.9B | ||
| Q4 24 | $4.0B | $11.8B | ||
| Q3 24 | $4.1B | $11.9B | ||
| Q2 24 | $4.0B | $12.1B | ||
| Q1 24 | $4.0B | $12.0B |
负债/权益比FDSRBA
| Q4 25 | 0.63× | 0.42× | ||
| Q3 25 | 0.63× | 0.47× | ||
| Q2 25 | 0.66× | 0.47× | ||
| Q1 25 | 0.72× | 0.50× | ||
| Q4 24 | 0.68× | 0.50× | ||
| Q3 24 | 0.71× | 0.52× | ||
| Q2 24 | 0.76× | 0.55× | ||
| Q1 24 | 0.83× | 0.58× |
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 | $121.3M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $90.4M | $186.5M |
| 自由现金流率自由现金流/营收 | 14.9% | 15.5% |
| 资本支出强度资本支出/营收 | 5.1% | 5.7% |
| 现金转化率经营现金流/净利润 | 0.79× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $647.4M | $719.2M |
8季度趋势，按日历期对齐
经营现金流FDSRBA
| Q4 25 | $121.3M | $255.2M | ||
| Q3 25 | $212.1M | $239.7M | ||
| Q2 25 | $253.8M | $326.5M | ||
| Q1 25 | $174.0M | $156.8M | ||
| Q4 24 | $86.4M | $184.5M | ||
| Q3 24 | $163.2M | $285.4M | ||
| Q2 24 | $238.2M | $337.3M | ||
| Q1 24 | $143.8M | $124.8M |
自由现金流FDSRBA
| Q4 25 | $90.4M | $186.5M | ||
| Q3 25 | $178.1M | $188.5M | ||
| Q2 25 | $228.6M | $241.7M | ||
| Q1 25 | $150.2M | $102.5M | ||
| Q4 24 | $60.5M | $127.9M | ||
| Q3 24 | $137.2M | $248.5M | ||
| Q2 24 | $216.9M | $308.6M | ||
| Q1 24 | $121.9M | $79.6M |
自由现金流率FDSRBA
| Q4 25 | 14.9% | 15.5% | ||
| Q3 25 | 29.8% | 17.3% | ||
| Q2 25 | 39.0% | 20.4% | ||
| Q1 25 | 26.3% | 9.2% | ||
| Q4 24 | 10.6% | 11.2% | ||
| Q3 24 | 24.4% | 25.3% | ||
| Q2 24 | 39.2% | 28.2% | ||
| Q1 24 | 22.3% | 7.5% |
资本支出强度FDSRBA
| Q4 25 | 5.1% | 5.7% | ||
| Q3 25 | 5.7% | 4.7% | ||
| Q2 25 | 4.3% | 7.2% | ||
| Q1 25 | 4.2% | 4.9% | ||
| Q4 24 | 4.5% | 5.0% | ||
| Q3 24 | 4.6% | 3.8% | ||
| Q2 24 | 3.9% | 2.6% | ||
| Q1 24 | 4.0% | 4.2% |
现金转化率FDSRBA
| Q4 25 | 0.79× | 2.33× | ||
| Q3 25 | 1.38× | 2.51× | ||
| Q2 25 | 1.71× | 2.97× | ||
| Q1 25 | 1.20× | 1.38× | ||
| Q4 24 | 0.58× | 1.56× | ||
| Q3 24 | 1.82× | 3.75× | ||
| Q2 24 | 1.51× | 3.04× | ||
| Q1 24 | 1.02× | 1.16× |
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
FDS
| Americas Segment | $399.7M | 66% |
| EMEA Segment | $149.1M | 25% |
| Asia Pacific Segment | $62.2M | 10% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
