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Floor & Decor Holdings, Inc.（FND）与M/I HOMES, INC.（MHO）财务数据对比。点击上方公司名可切换其他公司
M/I HOMES, INC.的季度营收约是Floor & Decor Holdings, Inc.的1.0倍（$1.1B vs $1.1B），M/I HOMES, INC.净利率更高（5.6% vs 3.5%，领先2.1%），Floor & Decor Holdings, Inc.同比增速更快（2.0% vs -4.8%），Floor & Decor Holdings, Inc.自由现金流更多（$45.1M vs $-13.0M），过去两年M/I HOMES, INC.的营收复合增速更高（4.7% vs 1.5%）
Floor & Decor Holdings, Inc.是美国多渠道专业零售企业，对外使用Floor & Decor品牌开展业务，创立于2000年，总部位于美国佐治亚州士麦那，主营各类硬质面地板及相关配套配件，线上线下销售渠道全面覆盖。
M/I Homes是美国领先的住宅建筑企业，主要设计、建造及销售独栋住宅、联排住宅与复式公寓，业务覆盖美国多州，面向首次置业、改善型及高端置业群体，提供节能住宅产品与个性化定制服务。
FND vs MHO — 直观对比
营收规模更大
MHO
是对方的1.0倍
$1.1B
营收增速更快
FND
高出6.8%
-4.8%
净利率更高
MHO
高出2.1%
3.5%
自由现金流更多
FND
多$58.1M
$-13.0M
两年增速更快
MHO
近两年复合增速
1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.1B |
| 净利润 | $39.3M | $64.0M |
| 毛利率 | 43.5% | 17.4% |
| 营业利润率 | 4.6% | 6.5% |
| 净利率 | 3.5% | 5.6% |
| 营收同比 | 2.0% | -4.8% |
| 净利润同比 | -17.2% | -52.1% |
| 每股收益（稀释后） | $0.36 | $2.42 |
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FNDMHO
| Q4 25 | $1.1B | $1.1B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $976.1M | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $1.1B | $1.0B |
净利润FNDMHO
| Q4 25 | $39.3M | $64.0M | ||
| Q3 25 | $57.3M | $106.5M | ||
| Q2 25 | $63.2M | $121.2M | ||
| Q1 25 | $48.9M | $111.2M | ||
| Q4 24 | $47.5M | $133.5M | ||
| Q3 24 | $51.7M | $145.4M | ||
| Q2 24 | $56.7M | $146.7M | ||
| Q1 24 | $50.0M | $138.1M |
毛利率FNDMHO
| Q4 25 | 43.5% | 17.4% | ||
| Q3 25 | 43.4% | 24.5% | ||
| Q2 25 | 43.9% | 24.7% | ||
| Q1 25 | 43.8% | 25.9% | ||
| Q4 24 | 43.5% | 24.6% | ||
| Q3 24 | 43.5% | 27.1% | ||
| Q2 24 | 43.3% | 27.9% | ||
| Q1 24 | 42.8% | 27.1% |
营业利润率FNDMHO
| Q4 25 | 4.6% | 6.5% | ||
| Q3 25 | 6.1% | 12.0% | ||
| Q2 25 | 6.7% | 13.4% | ||
| Q1 25 | 5.5% | 14.4% | ||
| Q4 24 | 5.3% | 13.6% | ||
| Q3 24 | 5.9% | 15.9% | ||
| Q2 24 | 6.3% | 16.8% | ||
| Q1 24 | 5.4% | 16.6% |
净利率FNDMHO
| Q4 25 | 3.5% | 5.6% | ||
| Q3 25 | 4.9% | 9.4% | ||
| Q2 25 | 5.2% | 10.4% | ||
| Q1 25 | 4.2% | 11.4% | ||
| Q4 24 | 4.3% | 11.1% | ||
| Q3 24 | 4.6% | 12.7% | ||
| Q2 24 | 5.0% | 13.2% | ||
| Q1 24 | 4.6% | 13.2% |
每股收益（稀释后）FNDMHO
| Q4 25 | $0.36 | $2.42 | ||
| Q3 25 | $0.53 | $3.92 | ||
| Q2 25 | $0.58 | $4.42 | ||
| Q1 25 | $0.45 | $3.98 | ||
| Q4 24 | $0.44 | $4.71 | ||
| Q3 24 | $0.48 | $5.10 | ||
| Q2 24 | $0.52 | $5.12 | ||
| Q1 24 | $0.46 | $4.78 |
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 | — | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $3.2B |
| 总资产 | $5.5B | $4.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
股东权益FNDMHO
| Q4 25 | $2.4B | $3.2B | ||
| Q3 25 | $2.4B | $3.1B | ||
| Q2 25 | $2.3B | $3.1B | ||
| Q1 25 | $2.2B | $3.0B | ||
| Q4 24 | $2.2B | $2.9B | ||
| Q3 24 | $2.1B | $2.8B | ||
| Q2 24 | $2.0B | $2.7B | ||
| Q1 24 | $2.0B | $2.6B |
总资产FNDMHO
| Q4 25 | $5.5B | $4.8B | ||
| Q3 25 | $5.5B | $4.8B | ||
| Q2 25 | $5.4B | $4.7B | ||
| Q1 25 | $5.4B | $4.6B | ||
| Q4 24 | $5.1B | $4.5B | ||
| Q3 24 | $4.9B | $4.5B | ||
| Q2 24 | $4.8B | $4.3B | ||
| Q1 24 | $4.7B | $4.2B |
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 | $124.1M | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | $45.1M | $-13.0M |
| 自由现金流率自由现金流/营收 | 4.0% | -1.1% |
| 资本支出强度资本支出/营收 | 7.0% | 0.4% |
| 现金转化率经营现金流/净利润 | 3.15× | -0.14× |
| 过去12个月自由现金流最近4个季度 | $64.1M | $127.7M |
8季度趋势，按日历期对齐
经营现金流FNDMHO
| Q4 25 | $124.1M | $-8.7M | ||
| Q3 25 | $102.5M | $43.4M | ||
| Q2 25 | $84.1M | $37.8M | ||
| Q1 25 | $71.2M | $64.9M | ||
| Q4 24 | $101.4M | $104.4M | ||
| Q3 24 | $160.3M | $-67.9M | ||
| Q2 24 | $194.0M | $27.5M | ||
| Q1 24 | $147.5M | $115.8M |
自由现金流FNDMHO
| Q4 25 | $45.1M | $-13.0M | ||
| Q3 25 | $24.5M | $42.0M | ||
| Q2 25 | $-10.0M | $35.1M | ||
| Q1 25 | $4.4M | $63.5M | ||
| Q4 24 | $3.9M | $102.3M | ||
| Q3 24 | $36.5M | $-68.5M | ||
| Q2 24 | $80.0M | $22.0M | ||
| Q1 24 | $35.8M | $115.5M |
自由现金流率FNDMHO
| Q4 25 | 4.0% | -1.1% | ||
| Q3 25 | 2.1% | 3.7% | ||
| Q2 25 | -0.8% | 3.0% | ||
| Q1 25 | 0.4% | 6.5% | ||
| Q4 24 | 0.4% | 8.5% | ||
| Q3 24 | 3.3% | -6.0% | ||
| Q2 24 | 7.1% | 2.0% | ||
| Q1 24 | 3.3% | 11.0% |
资本支出强度FNDMHO
| Q4 25 | 7.0% | 0.4% | ||
| Q3 25 | 6.6% | 0.1% | ||
| Q2 25 | 7.8% | 0.2% | ||
| Q1 25 | 5.7% | 0.1% | ||
| Q4 24 | 8.8% | 0.2% | ||
| Q3 24 | 11.1% | 0.1% | ||
| Q2 24 | 10.1% | 0.5% | ||
| Q1 24 | 10.2% | 0.0% |
现金转化率FNDMHO
| Q4 25 | 3.15× | -0.14× | ||
| Q3 25 | 1.79× | 0.41× | ||
| Q2 25 | 1.33× | 0.31× | ||
| Q1 25 | 1.46× | 0.58× | ||
| Q4 24 | 2.14× | 0.78× | ||
| Q3 24 | 3.10× | -0.47× | ||
| Q2 24 | 3.42× | 0.19× | ||
| Q1 24 | 2.95× | 0.84× |
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
FND
| Laminate And Vinyl | $310.1M | 27% |
| Tile | $259.1M | 23% |
| Installation Materials And Tools | $218.4M | 19% |
| Decorative Accessories And Wall Tile | $177.0M | 16% |
| Wood | $83.2M | 7% |
| Natural Stone | $46.8M | 4% |
| Adjacent Categories | $26.6M | 2% |
| Other | $8.5M | 1% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
