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FEDERATED HERMES, INC.（FHI）与Rubrik, Inc.（RBRK）财务数据对比。点击上方公司名可切换其他公司
FEDERATED HERMES, INC.的季度营收约是Rubrik, Inc.的1.4倍（$482.8M vs $350.2M），FEDERATED HERMES, INC.净利率更高（22.2% vs -18.2%，领先40.4%），Rubrik, Inc.同比增速更快（48.3% vs 13.7%），FEDERATED HERMES, INC.自由现金流更多（$294.6M vs $80.7M）
方德贺明是总部位于美国宾夕法尼亚州匹兹堡的投资管理机构，成立于1955年，1957年10月18日正式注册。截至2025年12月，公司受托管理客户资产规模达9026亿美元，可为客户提供股票、固定收益、另类/私募市场、多资产及流动性管理等多元投资策略，产品覆盖共同基金、ETF、独立账户、封闭式基金和集合投资基金等品类。
Rubrik是总部位于美国加利福尼亚州帕洛阿尔托的云数据管理与数据安全企业，成立于2014年1月，专注于为客户提供云环境下的数据管理、安全防护相关解决方案，2024年4月在纽约证券交易所上市。
FHI vs RBRK — 直观对比
营收规模更大
FHI
是对方的1.4倍
$350.2M
营收增速更快
RBRK
高出34.6%
13.7%
净利率更高
FHI
高出40.4%
-18.2%
自由现金流更多
FHI
多$213.8M
$80.7M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $482.8M | $350.2M |
| 净利润 | $107.0M | $-63.8M |
| 毛利率 | — | 80.5% |
| 营业利润率 | 28.1% | -21.6% |
| 净利率 | 22.2% | -18.2% |
| 营收同比 | 13.7% | 48.3% |
| 净利润同比 | 26.4% | 51.2% |
| 每股收益（稀释后） | $1.38 | $-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FHIRBRK
| Q4 25 | $482.8M | $350.2M | ||
| Q3 25 | $469.4M | $309.9M | ||
| Q2 25 | $424.8M | $278.5M | ||
| Q1 25 | $423.5M | $258.1M | ||
| Q4 24 | $424.7M | $236.2M | ||
| Q3 24 | $408.5M | $205.0M | ||
| Q2 24 | $402.6M | $187.3M | ||
| Q1 24 | $396.4M | — |
净利润FHIRBRK
| Q4 25 | $107.0M | $-63.8M | ||
| Q3 25 | $104.1M | $-95.9M | ||
| Q2 25 | $91.0M | $-102.1M | ||
| Q1 25 | $101.1M | $-114.9M | ||
| Q4 24 | $84.7M | $-130.9M | ||
| Q3 24 | $87.5M | $-176.9M | ||
| Q2 24 | $21.0M | $-732.1M | ||
| Q1 24 | $75.0M | — |
毛利率FHIRBRK
| Q4 25 | — | 80.5% | ||
| Q3 25 | — | 79.5% | ||
| Q2 25 | — | 78.3% | ||
| Q1 25 | — | 77.4% | ||
| Q4 24 | — | 76.2% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 48.8% | ||
| Q1 24 | — | — |
营业利润率FHIRBRK
| Q4 25 | 28.1% | -21.6% | ||
| Q3 25 | 27.6% | -30.5% | ||
| Q2 25 | 27.6% | -33.4% | ||
| Q1 25 | 31.1% | -45.0% | ||
| Q4 24 | 26.0% | -52.8% | ||
| Q3 24 | 27.4% | -82.1% | ||
| Q2 24 | 10.1% | -387.0% | ||
| Q1 24 | 24.9% | — |
净利率FHIRBRK
| Q4 25 | 22.2% | -18.2% | ||
| Q3 25 | 22.2% | -31.0% | ||
| Q2 25 | 21.4% | -36.7% | ||
| Q1 25 | 23.9% | -44.5% | ||
| Q4 24 | 19.9% | -55.4% | ||
| Q3 24 | 21.4% | -86.3% | ||
| Q2 24 | 5.2% | -390.8% | ||
| Q1 24 | 18.9% | — |
每股收益（稀释后）FHIRBRK
| Q4 25 | $1.38 | $-0.32 | ||
| Q3 25 | $1.34 | $-0.49 | ||
| Q2 25 | $1.16 | $-0.53 | ||
| Q1 25 | $1.25 | $5.69 | ||
| Q4 24 | $1.08 | $-0.71 | ||
| Q3 24 | $1.06 | $-0.98 | ||
| Q2 24 | $0.20 | $-11.48 | ||
| Q1 24 | $0.89 | — |
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 | $582.5M | $307.1M |
| 总债务越低越好 | $348.4M | — |
| 股东权益账面价值 | $1.2B | $-524.4M |
| 总资产 | $2.2B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.29× | — |
8季度趋势，按日历期对齐
现金及短期投资FHIRBRK
| Q4 25 | $582.5M | $307.1M | ||
| Q3 25 | $506.3M | $322.7M | ||
| Q2 25 | $371.0M | $284.0M | ||
| Q1 25 | $387.6M | $186.3M | ||
| Q4 24 | $504.4M | $103.9M | ||
| Q3 24 | $375.0M | $142.3M | ||
| Q2 24 | $307.4M | $502.6M | ||
| Q1 24 | $359.8M | — |
总债务FHIRBRK
| Q4 25 | $348.4M | — | ||
| Q3 25 | $348.3M | — | ||
| Q2 25 | $348.2M | — | ||
| Q1 25 | $348.2M | — | ||
| Q4 24 | $348.1M | — | ||
| Q3 24 | $348.0M | — | ||
| Q2 24 | $348.0M | — | ||
| Q1 24 | $347.9M | — |
股东权益FHIRBRK
| Q4 25 | $1.2B | $-524.4M | ||
| Q3 25 | $1.2B | $-564.3M | ||
| Q2 25 | $1.1B | $-556.5M | ||
| Q1 25 | $1.1B | $-553.7M | ||
| Q4 24 | $1.1B | $-521.1M | ||
| Q3 24 | $1.1B | $-499.3M | ||
| Q2 24 | $1.0B | $-514.6M | ||
| Q1 24 | $1.1B | — |
总资产FHIRBRK
| Q4 25 | $2.2B | $2.5B | ||
| Q3 25 | $2.2B | $2.4B | ||
| Q2 25 | $2.2B | $1.5B | ||
| Q1 25 | $2.0B | $1.4B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $2.1B | — |
负债/权益比FHIRBRK
| Q4 25 | 0.29× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.30× | — |
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 | $297.3M | $85.5M |
| 自由现金流经营现金流 - 资本支出 | $294.6M | $80.7M |
| 自由现金流率自由现金流/营收 | 61.0% | 23.1% |
| 资本支出强度资本支出/营收 | 0.6% | 1.4% |
| 现金转化率经营现金流/净利润 | 2.78× | — |
| 过去12个月自由现金流最近4个季度 | $427.5M | $256.8M |
8季度趋势，按日历期对齐
经营现金流FHIRBRK
| Q4 25 | $297.3M | $85.5M | ||
| Q3 25 | $103.1M | $64.7M | ||
| Q2 25 | $18.8M | $39.7M | ||
| Q1 25 | $14.3M | $83.6M | ||
| Q4 24 | $346.6M | $23.1M | ||
| Q3 24 | $117.1M | $-27.1M | ||
| Q2 24 | $88.7M | $-31.4M | ||
| Q1 24 | $14.0M | — |
自由现金流FHIRBRK
| Q4 25 | $294.6M | $80.7M | ||
| Q3 25 | $101.6M | $61.2M | ||
| Q2 25 | $18.0M | $36.8M | ||
| Q1 25 | $13.3M | $78.0M | ||
| Q4 24 | $342.5M | $18.0M | ||
| Q3 24 | $114.1M | $-29.7M | ||
| Q2 24 | $82.7M | $-35.0M | ||
| Q1 24 | $13.5M | — |
自由现金流率FHIRBRK
| Q4 25 | 61.0% | 23.1% | ||
| Q3 25 | 21.6% | 19.8% | ||
| Q2 25 | 4.2% | 13.2% | ||
| Q1 25 | 3.1% | 30.2% | ||
| Q4 24 | 80.7% | 7.6% | ||
| Q3 24 | 27.9% | -14.5% | ||
| Q2 24 | 20.5% | -18.7% | ||
| Q1 24 | 3.4% | — |
资本支出强度FHIRBRK
| Q4 25 | 0.6% | 1.4% | ||
| Q3 25 | 0.3% | 1.1% | ||
| Q2 25 | 0.2% | 1.0% | ||
| Q1 25 | 0.2% | 2.2% | ||
| Q4 24 | 0.9% | 2.1% | ||
| Q3 24 | 0.7% | 1.3% | ||
| Q2 24 | 1.5% | 1.9% | ||
| Q1 24 | 0.1% | — |
现金转化率FHIRBRK
| Q4 25 | 2.78× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 4.09× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 4.22× | — | ||
| Q1 24 | 0.19× | — |
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
FHI
| Investment Advisory Management And Administrative Service | $314.0M | 65% |
| Separateaccounts | $63.9M | 13% |
| Other | $61.2M | 13% |
| Distribution Service | $43.7M | 9% |
RBRK
| Subscription And Circulation | $336.4M | 96% |
| Other | $12.3M | 4% |
| Software And Services | $4.9M | 1% |
| Maintenance | $1.5M | 0% |
