vs
Fair Isaac（FICO）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Fair Isaac的季度营收约是Forestar Group Inc.的1.9倍（$512.0M vs $273.0M），Fair Isaac净利率更高（30.9% vs 5.6%，领先25.3%），Fair Isaac同比增速更快（16.4% vs 9.0%），Fair Isaac自由现金流更多（$173.9M vs $-157.1M），过去两年Fair Isaac的营收复合增速更高（8.6% vs -9.6%）
FICO（原Fair, Isaac and Company）是美国知名数据分析企业，1956年由比尔·费尔与厄尔·艾萨克创立，总部位于蒙大拿州博兹曼市，核心业务为信用评分服务，其推出的FICO信用分是评估消费者信贷风险的重要指标，目前已被美国消费信贷行业广泛采用。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
FICO vs FOR — 直观对比
营收规模更大
FICO
是对方的1.9倍
$273.0M
营收增速更快
FICO
高出7.3%
9.0%
净利率更高
FICO
高出25.3%
5.6%
自由现金流更多
FICO
多$331.0M
$-157.1M
两年增速更快
FICO
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $273.0M |
| 净利润 | $158.4M | $15.4M |
| 毛利率 | 83.0% | 20.1% |
| 营业利润率 | 45.7% | 7.6% |
| 净利率 | 30.9% | 5.6% |
| 营收同比 | 16.4% | 9.0% |
| 净利润同比 | 3.8% | -6.7% |
| 每股收益（稀释后） | $6.61 | $0.30 |
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FICOFOR
| Q4 25 | $512.0M | $273.0M | ||
| Q3 25 | $515.8M | $670.5M | ||
| Q2 25 | $536.4M | $390.5M | ||
| Q1 25 | $498.7M | $351.0M | ||
| Q4 24 | $440.0M | $250.4M | ||
| Q3 24 | $453.8M | $551.3M | ||
| Q2 24 | $447.8M | $318.4M | ||
| Q1 24 | $433.8M | $333.8M |
净利润FICOFOR
| Q4 25 | $158.4M | $15.4M | ||
| Q3 25 | $155.0M | $86.9M | ||
| Q2 25 | $181.8M | $32.9M | ||
| Q1 25 | $162.6M | $31.6M | ||
| Q4 24 | $152.5M | $16.5M | ||
| Q3 24 | $135.7M | $81.5M | ||
| Q2 24 | $126.3M | $38.7M | ||
| Q1 24 | $129.8M | $45.0M |
毛利率FICOFOR
| Q4 25 | 83.0% | 20.1% | ||
| Q3 25 | 82.3% | 22.3% | ||
| Q2 25 | 83.7% | 20.4% | ||
| Q1 25 | 82.4% | 22.6% | ||
| Q4 24 | 80.1% | 22.0% | ||
| Q3 24 | 80.3% | 23.9% | ||
| Q2 24 | 80.3% | 22.5% | ||
| Q1 24 | 80.0% | 24.9% |
营业利润率FICOFOR
| Q4 25 | 45.7% | 7.6% | ||
| Q3 25 | 46.0% | 16.9% | ||
| Q2 25 | 48.9% | 11.2% | ||
| Q1 25 | 49.3% | 11.6% | ||
| Q4 24 | 40.8% | 8.7% | ||
| Q3 24 | 43.4% | 19.7% | ||
| Q2 24 | 42.5% | 16.2% | ||
| Q1 24 | 44.9% | 17.6% |
净利率FICOFOR
| Q4 25 | 30.9% | 5.6% | ||
| Q3 25 | 30.1% | 13.0% | ||
| Q2 25 | 33.9% | 8.4% | ||
| Q1 25 | 32.6% | 9.0% | ||
| Q4 24 | 34.7% | 6.6% | ||
| Q3 24 | 29.9% | 14.8% | ||
| Q2 24 | 28.2% | 12.2% | ||
| Q1 24 | 29.9% | 13.5% |
每股收益（稀释后）FICOFOR
| Q4 25 | $6.61 | $0.30 | ||
| Q3 25 | $6.41 | $1.70 | ||
| Q2 25 | $7.40 | $0.65 | ||
| Q1 25 | $6.59 | $0.62 | ||
| Q4 24 | $6.14 | $0.32 | ||
| Q3 24 | $5.44 | $1.59 | ||
| Q2 24 | $5.05 | $0.76 | ||
| Q1 24 | $5.16 | $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 | $162.0M | $211.7M |
| 总债务越低越好 | $3.2B | $793.2M |
| 股东权益账面价值 | $-1.8B | $1.8B |
| 总资产 | $1.9B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资FICOFOR
| Q4 25 | $162.0M | $211.7M | ||
| Q3 25 | $134.1M | $379.2M | ||
| Q2 25 | $189.0M | $189.2M | ||
| Q1 25 | $146.6M | $174.3M | ||
| Q4 24 | $184.3M | $132.0M | ||
| Q3 24 | $150.7M | $481.2M | ||
| Q2 24 | $156.0M | $359.2M | ||
| Q1 24 | $135.7M | $416.2M |
总债务FICOFOR
| Q4 25 | $3.2B | $793.2M | ||
| Q3 25 | $3.1B | $802.7M | ||
| Q2 25 | $2.8B | $872.8M | ||
| Q1 25 | $2.5B | $872.5M | ||
| Q4 24 | $2.4B | $806.8M | ||
| Q3 24 | $2.2B | $706.4M | ||
| Q2 24 | $2.1B | $706.1M | ||
| Q1 24 | $2.0B | $705.7M |
股东权益FICOFOR
| Q4 25 | $-1.8B | $1.8B | ||
| Q3 25 | $-1.7B | $1.8B | ||
| Q2 25 | $-1.4B | $1.7B | ||
| Q1 25 | $-1.1B | $1.6B | ||
| Q4 24 | $-1.1B | $1.6B | ||
| Q3 24 | $-962.7M | $1.6B | ||
| Q2 24 | $-829.3M | $1.5B | ||
| Q1 24 | $-735.7M | $1.5B |
总资产FICOFOR
| Q4 25 | $1.9B | $3.2B | ||
| Q3 25 | $1.9B | $3.1B | ||
| Q2 25 | $1.9B | $3.1B | ||
| Q1 25 | $1.8B | $3.0B | ||
| Q4 24 | $1.7B | $3.0B | ||
| Q3 24 | $1.7B | $2.8B | ||
| Q2 24 | $1.7B | $2.7B | ||
| Q1 24 | $1.7B | $2.6B |
负债/权益比FICOFOR
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $174.1M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $-157.1M |
| 自由现金流率自由现金流/营收 | 34.0% | -57.5% |
| 资本支出强度资本支出/营收 | 0.0% | 0.0% |
| 现金转化率经营现金流/净利润 | 1.10× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $750.6M | $93.0M |
8季度趋势，按日历期对齐
经营现金流FICOFOR
| Q4 25 | $174.1M | $-157.0M | ||
| Q3 25 | $223.7M | $256.3M | ||
| Q2 25 | $286.2M | $15.8M | ||
| Q1 25 | $74.9M | $-19.8M | ||
| Q4 24 | $194.0M | $-450.0M | ||
| Q3 24 | $226.5M | $119.2M | ||
| Q2 24 | $213.3M | $-61.7M | ||
| Q1 24 | $71.0M | $-59.2M |
自由现金流FICOFOR
| Q4 25 | $173.9M | $-157.1M | ||
| Q3 25 | $219.5M | $255.6M | ||
| Q2 25 | $284.4M | $15.0M | ||
| Q1 25 | $72.8M | $-20.5M | ||
| Q4 24 | $193.2M | — | ||
| Q3 24 | $224.7M | $118.4M | ||
| Q2 24 | $211.6M | $-62.3M | ||
| Q1 24 | $67.0M | $-59.8M |
自由现金流率FICOFOR
| Q4 25 | 34.0% | -57.5% | ||
| Q3 25 | 42.6% | 38.1% | ||
| Q2 25 | 53.0% | 3.8% | ||
| Q1 25 | 14.6% | -5.8% | ||
| Q4 24 | 43.9% | — | ||
| Q3 24 | 49.5% | 21.5% | ||
| Q2 24 | 47.2% | -19.6% | ||
| Q1 24 | 15.4% | -17.9% |
资本支出强度FICOFOR
| Q4 25 | 0.0% | 0.0% | ||
| Q3 25 | 0.8% | 0.1% | ||
| Q2 25 | 0.3% | 0.2% | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 0.2% | 0.0% | ||
| Q3 24 | 0.4% | 0.1% | ||
| Q2 24 | 0.4% | 0.2% | ||
| Q1 24 | 0.9% | 0.2% |
现金转化率FICOFOR
| Q4 25 | 1.10× | -10.19× | ||
| Q3 25 | 1.44× | 2.95× | ||
| Q2 25 | 1.57× | 0.48× | ||
| Q1 25 | 0.46× | -0.63× | ||
| Q4 24 | 1.27× | -27.27× | ||
| Q3 24 | 1.67× | 1.46× | ||
| Q2 24 | 1.69× | -1.59× | ||
| Q1 24 | 0.55× | -1.32× |
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
FICO
| Business To Business Scores | $248.6M | 49% |
| Saa S Products | $115.7M | 23% |
| Platform Software | $73.9M | 14% |
| Business To Consumer Scores | $55.9M | 11% |
| Technology Service | $19.2M | 4% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
