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FIRST HORIZON CORP（FHN）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是FIRST HORIZON CORP的1.4倍（$1.3B vs $888.0M），FIRST HORIZON CORP净利率更高（29.4% vs -63.1%，领先92.5%），FIRST HORIZON CORP同比增速更快（21.8% vs -25.8%），FIRST HORIZON CORP自由现金流更多（$389.0M vs $-1.1B），过去两年FIRST HORIZON CORP的营收复合增速更高（20.0% vs 3.3%）
第一地平线公司（前身为第一田纳西银行）是一家成立于1864年的金融服务企业，总部位于美国田纳西州孟菲斯市。该公司通过旗下子公司第一地平线银行开展业务，网点覆盖美国东南部12个州，是该区域第四大区域性银行。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
FHN vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.4倍
$888.0M
营收增速更快
FHN
高出47.6%
-25.8%
净利率更高
FHN
高出92.5%
-63.1%
自由现金流更多
FHN
多$1.5B
$-1.1B
两年增速更快
FHN
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $888.0M | $1.3B |
| 净利润 | $261.0M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 38.5% | -64.8% |
| 净利率 | 29.4% | -63.1% |
| 营收同比 | 21.8% | -25.8% |
| 净利润同比 | 57.2% | -9.0% |
| 每股收益（稀释后） | $0.51 | $-0.66 |
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FHNRIVN
| Q4 25 | $888.0M | $1.3B | ||
| Q3 25 | $889.0M | $1.6B | ||
| Q2 25 | $830.0M | $1.3B | ||
| Q1 25 | $812.0M | $1.2B | ||
| Q4 24 | $729.0M | $1.7B | ||
| Q3 24 | $827.0M | $874.0M | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | $819.0M | $1.2B |
净利润FHNRIVN
| Q4 25 | $261.0M | $-811.0M | ||
| Q3 25 | $262.0M | $-1.2B | ||
| Q2 25 | $241.0M | $-1.1B | ||
| Q1 25 | $218.0M | $-545.0M | ||
| Q4 24 | $166.0M | $-744.0M | ||
| Q3 24 | $218.0M | $-1.1B | ||
| Q2 24 | — | $-1.5B | ||
| Q1 24 | $192.0M | $-1.4B |
毛利率FHNRIVN
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% | ||
| Q1 24 | — | -43.8% |
营业利润率FHNRIVN
| Q4 25 | 38.5% | -64.8% | ||
| Q3 25 | 38.7% | -63.1% | ||
| Q2 25 | 37.2% | -85.5% | ||
| Q1 25 | 35.1% | -52.8% | ||
| Q4 24 | 28.8% | -38.1% | ||
| Q3 24 | 34.0% | -133.8% | ||
| Q2 24 | — | -118.7% | ||
| Q1 24 | 31.0% | -123.3% |
净利率FHNRIVN
| Q4 25 | 29.4% | -63.1% | ||
| Q3 25 | 29.5% | -75.3% | ||
| Q2 25 | 29.0% | -85.7% | ||
| Q1 25 | 26.8% | -44.0% | ||
| Q4 24 | 22.8% | -42.9% | ||
| Q3 24 | 26.4% | -125.9% | ||
| Q2 24 | — | -125.8% | ||
| Q1 24 | 23.4% | -120.1% |
每股收益（稀释后）FHNRIVN
| Q4 25 | $0.51 | $-0.66 | ||
| Q3 25 | $0.50 | $-0.96 | ||
| Q2 25 | $0.45 | $-0.97 | ||
| Q1 25 | $0.41 | $-0.48 | ||
| Q4 24 | $0.29 | $-0.67 | ||
| Q3 24 | $0.40 | $-1.08 | ||
| Q2 24 | — | $-1.46 | ||
| Q1 24 | $0.33 | $-1.48 |
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 | — | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.8B | $4.6B |
| 总资产 | $83.9B | $14.9B |
| 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FHNRIVN
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $7.1B | ||
| Q2 25 | — | $7.5B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | — | $7.9B | ||
| Q1 24 | — | $7.9B |
总债务FHNRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益FHNRIVN
| Q4 25 | $8.8B | $4.6B | ||
| Q3 25 | $8.9B | $5.1B | ||
| Q2 25 | $9.0B | $6.1B | ||
| Q1 25 | $8.7B | $6.2B | ||
| Q4 24 | $8.8B | $6.6B | ||
| Q3 24 | $9.0B | $5.9B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | $8.9B | $8.1B |
总资产FHNRIVN
| Q4 25 | $83.9B | $14.9B | ||
| Q3 25 | $83.2B | $15.2B | ||
| Q2 25 | $82.1B | $15.6B | ||
| Q1 25 | $81.5B | $15.5B | ||
| Q4 24 | $82.2B | $15.4B | ||
| Q3 24 | $82.6B | $14.3B | ||
| Q2 24 | — | $15.4B | ||
| Q1 24 | $81.8B | $15.7B |
负债/权益比FHNRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $396.0M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $389.0M | $-1.1B |
| 自由现金流率自由现金流/营收 | 43.8% | -89.0% |
| 资本支出强度资本支出/营收 | 0.8% | 36.0% |
| 现金转化率经营现金流/净利润 | 1.52× | — |
| 过去12个月自由现金流最近4个季度 | $595.0M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流FHNRIVN
| Q4 25 | $396.0M | $-681.0M | ||
| Q3 25 | $-200.0M | $26.0M | ||
| Q2 25 | $83.0M | $64.0M | ||
| Q1 25 | $349.0M | $-188.0M | ||
| Q4 24 | $191.0M | $1.2B | ||
| Q3 24 | $389.0M | $-876.0M | ||
| Q2 24 | — | $-754.0M | ||
| Q1 24 | $838.0M | $-1.3B |
自由现金流FHNRIVN
| Q4 25 | $389.0M | $-1.1B | ||
| Q3 25 | $-208.0M | $-421.0M | ||
| Q2 25 | $74.0M | $-398.0M | ||
| Q1 25 | $340.0M | $-526.0M | ||
| Q4 24 | $174.0M | $856.0M | ||
| Q3 24 | $383.0M | $-1.2B | ||
| Q2 24 | — | $-1.0B | ||
| Q1 24 | $828.0M | $-1.5B |
自由现金流率FHNRIVN
| Q4 25 | 43.8% | -89.0% | ||
| Q3 25 | -23.4% | -27.0% | ||
| Q2 25 | 8.9% | -30.5% | ||
| Q1 25 | 41.9% | -42.4% | ||
| Q4 24 | 23.9% | 49.4% | ||
| Q3 24 | 46.3% | -131.9% | ||
| Q2 24 | — | -89.6% | ||
| Q1 24 | 101.1% | -126.5% |
资本支出强度FHNRIVN
| Q4 25 | 0.8% | 36.0% | ||
| Q3 25 | 0.9% | 28.7% | ||
| Q2 25 | 1.1% | 35.5% | ||
| Q1 25 | 1.1% | 27.3% | ||
| Q4 24 | 2.3% | 18.9% | ||
| Q3 24 | 0.7% | 31.7% | ||
| Q2 24 | — | 24.4% | ||
| Q1 24 | 1.2% | 21.1% |
现金转化率FHNRIVN
| Q4 25 | 1.52× | — | ||
| Q3 25 | -0.76× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.78× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 4.36× | — |
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
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
