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FIGS, Inc.（FIGS）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
Forestar Group Inc.的季度营收约是FIGS, Inc.的1.4倍（$273.0M vs $201.9M），FIGS, Inc.净利率更高（9.2% vs 5.6%，领先3.5%），FIGS, Inc.同比增速更快（33.0% vs 9.0%），FIGS, Inc.自由现金流更多（$58.1M vs $-157.1M），过去两年FIGS, Inc.的营收复合增速更高（30.1% vs -9.6%）
FIGS是一家总部位于美国加利福尼亚州圣莫尼卡的服饰企业，由希瑟·哈森与特里娜·斯皮尔于2013年共同创立，二人目前共同担任首席执行官。品牌专注为医疗从业者提供医用刷手服及相关专业产品，是医疗工装领域的知名品牌。
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。
FIGS vs FOR — 直观对比
营收规模更大
FOR
是对方的1.4倍
$201.9M
营收增速更快
FIGS
高出23.9%
9.0%
净利率更高
FIGS
高出3.5%
5.6%
自由现金流更多
FIGS
多$215.2M
$-157.1M
两年增速更快
FIGS
近两年复合增速
-9.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $201.9M | $273.0M |
| 净利润 | $18.5M | $15.4M |
| 毛利率 | 62.9% | 20.1% |
| 营业利润率 | 9.3% | 7.6% |
| 净利率 | 9.2% | 5.6% |
| 营收同比 | 33.0% | 9.0% |
| 净利润同比 | 881.8% | -6.7% |
| 每股收益（稀释后） | $0.10 | $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FIGSFOR
| Q4 25 | $201.9M | $273.0M | ||
| Q3 25 | $151.7M | $670.5M | ||
| Q2 25 | $152.6M | $390.5M | ||
| Q1 25 | $124.9M | $351.0M | ||
| Q4 24 | $151.8M | $250.4M | ||
| Q3 24 | $140.2M | $551.3M | ||
| Q2 24 | $144.2M | $318.4M | ||
| Q1 24 | $119.3M | $333.8M |
净利润FIGSFOR
| Q4 25 | $18.5M | $15.4M | ||
| Q3 25 | $8.7M | $86.9M | ||
| Q2 25 | $7.1M | $32.9M | ||
| Q1 25 | $-102.0K | $31.6M | ||
| Q4 24 | $1.9M | $16.5M | ||
| Q3 24 | $-1.7M | $81.5M | ||
| Q2 24 | $1.1M | $38.7M | ||
| Q1 24 | $1.4M | $45.0M |
毛利率FIGSFOR
| Q4 25 | 62.9% | 20.1% | ||
| Q3 25 | 69.9% | 22.3% | ||
| Q2 25 | 67.0% | 20.4% | ||
| Q1 25 | 67.6% | 22.6% | ||
| Q4 24 | 67.3% | 22.0% | ||
| Q3 24 | 67.1% | 23.9% | ||
| Q2 24 | 67.4% | 22.5% | ||
| Q1 24 | 68.9% | 24.9% |
营业利润率FIGSFOR
| Q4 25 | 9.3% | 7.6% | ||
| Q3 25 | 6.4% | 16.9% | ||
| Q2 25 | 6.5% | 11.2% | ||
| Q1 25 | -0.2% | 11.6% | ||
| Q4 24 | 5.9% | 8.7% | ||
| Q3 24 | -6.2% | 19.7% | ||
| Q2 24 | 1.1% | 16.2% | ||
| Q1 24 | 0.4% | 17.6% |
净利率FIGSFOR
| Q4 25 | 9.2% | 5.6% | ||
| Q3 25 | 5.8% | 13.0% | ||
| Q2 25 | 4.7% | 8.4% | ||
| Q1 25 | -0.1% | 9.0% | ||
| Q4 24 | 1.2% | 6.6% | ||
| Q3 24 | -1.2% | 14.8% | ||
| Q2 24 | 0.8% | 12.2% | ||
| Q1 24 | 1.2% | 13.5% |
每股收益（稀释后）FIGSFOR
| Q4 25 | $0.10 | $0.30 | ||
| Q3 25 | $0.05 | $1.70 | ||
| Q2 25 | $0.04 | $0.65 | ||
| Q1 25 | $0.00 | $0.62 | ||
| Q4 24 | $0.01 | $0.32 | ||
| Q3 24 | $-0.01 | $1.59 | ||
| Q2 24 | $0.01 | $0.76 | ||
| Q1 24 | $0.01 | $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 | $82.0M | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | $437.5M | $1.8B |
| 总资产 | $580.0M | $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FIGSFOR
| Q4 25 | $82.0M | $211.7M | ||
| Q3 25 | $46.5M | $379.2M | ||
| Q2 25 | $50.8M | $189.2M | ||
| Q1 25 | $90.0M | $174.3M | ||
| Q4 24 | $85.6M | $132.0M | ||
| Q3 24 | $124.1M | $481.2M | ||
| Q2 24 | $131.8M | $359.2M | ||
| Q1 24 | $155.3M | $416.2M |
总债务FIGSFOR
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
股东权益FIGSFOR
| Q4 25 | $437.5M | $1.8B | ||
| Q3 25 | $413.3M | $1.8B | ||
| Q2 25 | $396.5M | $1.7B | ||
| Q1 25 | $381.5M | $1.6B | ||
| Q4 24 | $377.1M | $1.6B | ||
| Q3 24 | $403.5M | $1.6B | ||
| Q2 24 | $401.7M | $1.5B | ||
| Q1 24 | $389.9M | $1.5B |
总资产FIGSFOR
| Q4 25 | $580.0M | $3.2B | ||
| Q3 25 | $544.7M | $3.1B | ||
| Q2 25 | $517.1M | $3.1B | ||
| Q1 25 | $522.3M | $3.0B | ||
| Q4 24 | $509.8M | $3.0B | ||
| Q3 24 | $542.5M | $2.8B | ||
| Q2 24 | $526.0M | $2.7B | ||
| Q1 24 | $510.9M | $2.6B |
负债/权益比FIGSFOR
| 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 | $60.9M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $58.1M | $-157.1M |
| 自由现金流率自由现金流/营收 | 28.8% | -57.5% |
| 资本支出强度资本支出/营收 | 1.4% | 0.0% |
| 现金转化率经营现金流/净利润 | 3.29× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $53.0M | $93.0M |
8季度趋势，按日历期对齐
经营现金流FIGSFOR
| Q4 25 | $60.9M | $-157.0M | ||
| Q3 25 | $3.4M | $256.3M | ||
| Q2 25 | $-12.4M | $15.8M | ||
| Q1 25 | $9.2M | $-19.8M | ||
| Q4 24 | $30.4M | $-450.0M | ||
| Q3 24 | $22.6M | $119.2M | ||
| Q2 24 | $16.5M | $-61.7M | ||
| Q1 24 | $11.6M | $-59.2M |
自由现金流FIGSFOR
| Q4 25 | $58.1M | $-157.1M | ||
| Q3 25 | $531.0K | $255.6M | ||
| Q2 25 | $-13.5M | $15.0M | ||
| Q1 25 | $7.9M | $-20.5M | ||
| Q4 24 | $27.1M | — | ||
| Q3 24 | $18.4M | $118.4M | ||
| Q2 24 | $7.5M | $-62.3M | ||
| Q1 24 | $11.1M | $-59.8M |
自由现金流率FIGSFOR
| Q4 25 | 28.8% | -57.5% | ||
| Q3 25 | 0.4% | 38.1% | ||
| Q2 25 | -8.9% | 3.8% | ||
| Q1 25 | 6.3% | -5.8% | ||
| Q4 24 | 17.8% | — | ||
| Q3 24 | 13.1% | 21.5% | ||
| Q2 24 | 5.2% | -19.6% | ||
| Q1 24 | 9.3% | -17.9% |
资本支出强度FIGSFOR
| Q4 25 | 1.4% | 0.0% | ||
| Q3 25 | 1.9% | 0.1% | ||
| Q2 25 | 0.7% | 0.2% | ||
| Q1 25 | 1.0% | 0.2% | ||
| Q4 24 | 2.2% | 0.0% | ||
| Q3 24 | 3.0% | 0.1% | ||
| Q2 24 | 6.2% | 0.2% | ||
| Q1 24 | 0.4% | 0.2% |
现金转化率FIGSFOR
| Q4 25 | 3.29× | -10.19× | ||
| Q3 25 | 0.39× | 2.95× | ||
| Q2 25 | -1.75× | 0.48× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | 16.14× | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | 15.04× | -1.59× | ||
| Q1 24 | 8.10× | -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
FIGS
| Scrubwear | $154.9M | 77% |
| Non Scrubwear Lifestyle | $47.0M | 23% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
