vs
Forestar Group Inc.（FOR）与Gaming & Leisure Properties, Inc.（GLPI）财务数据对比。点击上方公司名可切换其他公司
Gaming & Leisure Properties, Inc.的季度营收约是Forestar Group Inc.的1.5倍（$420.0M vs $273.0M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs 5.6%，领先51.4%），Forestar Group Inc.同比增速更快（9.0% vs 6.3%），过去两年Gaming & Leisure Properties, Inc.的营收复合增速更高（5.0% vs -9.6%）
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。
博彩与休闲地产公司（GLPI）是一家专注于赌场物业的房地产投资信托（REIT），总部位于宾夕法尼亚州怀奥米辛。公司于2013年11月从宾州国民娱乐分拆成立，目前持有62处赌场物业，全部对外出租给其他企业运营。
FOR vs GLPI — 直观对比
营收规模更大
GLPI
是对方的1.5倍
$273.0M
营收增速更快
FOR
高出2.8%
6.3%
净利率更高
GLPI
高出51.4%
5.6%
两年增速更快
GLPI
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $420.0M |
| 净利润 | $15.4M | $239.4M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 79.4% |
| 净利率 | 5.6% | 57.0% |
| 营收同比 | 9.0% | 6.3% |
| 净利润同比 | -6.7% | 40.5% |
| 每股收益（稀释后） | $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FORGLPI
| Q1 26 | — | $420.0M | ||
| Q4 25 | $273.0M | $407.0M | ||
| Q3 25 | $670.5M | $397.6M | ||
| Q2 25 | $390.5M | $394.9M | ||
| Q1 25 | $351.0M | $395.2M | ||
| Q4 24 | $250.4M | $389.6M | ||
| Q3 24 | $551.3M | $385.3M | ||
| Q2 24 | $318.4M | $380.6M |
净利润FORGLPI
| Q1 26 | — | $239.4M | ||
| Q4 25 | $15.4M | $275.4M | ||
| Q3 25 | $86.9M | $241.2M | ||
| Q2 25 | $32.9M | $151.4M | ||
| Q1 25 | $31.6M | $165.2M | ||
| Q4 24 | $16.5M | $223.6M | ||
| Q3 24 | $81.5M | $184.7M | ||
| Q2 24 | $38.7M | $208.3M |
毛利率FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | 20.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 20.4% | — | ||
| Q1 25 | 22.6% | — | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 23.9% | — | ||
| Q2 24 | 22.5% | — |
营业利润率FORGLPI
| Q1 26 | — | 79.4% | ||
| Q4 25 | 7.6% | 89.3% | ||
| Q3 25 | 16.9% | 84.8% | ||
| Q2 25 | 11.2% | 61.3% | ||
| Q1 25 | 11.6% | 65.5% | ||
| Q4 24 | 8.7% | 79.1% | ||
| Q3 24 | 19.7% | 70.4% | ||
| Q2 24 | 16.2% | 77.1% |
净利率FORGLPI
| Q1 26 | — | 57.0% | ||
| Q4 25 | 5.6% | 67.6% | ||
| Q3 25 | 13.0% | 60.7% | ||
| Q2 25 | 8.4% | 38.4% | ||
| Q1 25 | 9.0% | 41.8% | ||
| Q4 24 | 6.6% | 57.4% | ||
| Q3 24 | 14.8% | 47.9% | ||
| Q2 24 | 12.2% | 54.7% |
每股收益（稀释后）FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | $0.30 | $0.96 | ||
| Q3 25 | $1.70 | $0.85 | ||
| Q2 25 | $0.65 | $0.54 | ||
| Q1 25 | $0.62 | $0.60 | ||
| Q4 24 | $0.32 | $0.79 | ||
| Q3 24 | $1.59 | $0.67 | ||
| Q2 24 | $0.76 | $0.77 |
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 | $211.7M | $274.5M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $5.0B |
| 总资产 | $3.2B | $13.8B |
| 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FORGLPI
| Q1 26 | — | $274.5M | ||
| Q4 25 | $211.7M | — | ||
| Q3 25 | $379.2M | — | ||
| Q2 25 | $189.2M | — | ||
| Q1 25 | $174.3M | — | ||
| Q4 24 | $132.0M | $560.8M | ||
| Q3 24 | $481.2M | $560.8M | ||
| Q2 24 | $359.2M | $560.8M |
总债务FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | $793.2M | $7.2B | ||
| Q3 25 | $802.7M | $7.2B | ||
| Q2 25 | $872.8M | $6.9B | ||
| Q1 25 | $872.5M | $6.9B | ||
| Q4 24 | $806.8M | $7.7B | ||
| Q3 24 | $706.4M | $7.4B | ||
| Q2 24 | $706.1M | $6.6B |
股东权益FORGLPI
| Q1 26 | — | $5.0B | ||
| Q4 25 | $1.8B | $4.6B | ||
| Q3 25 | $1.8B | $4.6B | ||
| Q2 25 | $1.7B | $4.6B | ||
| Q1 25 | $1.6B | $4.2B | ||
| Q4 24 | $1.6B | $4.3B | ||
| Q3 24 | $1.6B | $4.3B | ||
| Q2 24 | $1.5B | $4.1B |
总资产FORGLPI
| Q1 26 | — | $13.8B | ||
| Q4 25 | $3.2B | $12.9B | ||
| Q3 25 | $3.1B | $12.8B | ||
| Q2 25 | $3.1B | $12.5B | ||
| Q1 25 | $3.0B | $12.1B | ||
| Q4 24 | $3.0B | $13.1B | ||
| Q3 24 | $2.8B | $12.7B | ||
| Q2 24 | $2.7B | $11.8B |
负债/权益比FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | 0.44× | 1.56× | ||
| Q3 25 | 0.45× | 1.57× | ||
| Q2 25 | 0.52× | 1.51× | ||
| Q1 25 | 0.53× | 1.63× | ||
| Q4 24 | 0.50× | 1.81× | ||
| Q3 24 | 0.44× | 1.74× | ||
| Q2 24 | 0.47× | 1.60× |
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 | $-157.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | — |
| 自由现金流率自由现金流/营收 | -57.5% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | -10.19× | — |
| 过去12个月自由现金流最近4个季度 | $93.0M | — |
8季度趋势，按日历期对齐
经营现金流FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | $-157.0M | $1.1B | ||
| Q3 25 | $256.3M | $240.3M | ||
| Q2 25 | $15.8M | $293.4M | ||
| Q1 25 | $-19.8M | $252.5M | ||
| Q4 24 | $-450.0M | $1.1B | ||
| Q3 24 | $119.2M | $270.4M | ||
| Q2 24 | $-61.7M | $252.1M |
自由现金流FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | $-157.1M | — | ||
| Q3 25 | $255.6M | $183.0M | ||
| Q2 25 | $15.0M | $272.3M | ||
| Q1 25 | $-20.5M | $239.6M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $118.4M | $261.5M | ||
| Q2 24 | $-62.3M | $245.0M |
自由现金流率FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | -57.5% | — | ||
| Q3 25 | 38.1% | 46.0% | ||
| Q2 25 | 3.8% | 69.0% | ||
| Q1 25 | -5.8% | 60.6% | ||
| Q4 24 | — | 275.3% | ||
| Q3 24 | 21.5% | 67.9% | ||
| Q2 24 | -19.6% | 64.4% |
资本支出强度FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | 14.4% | ||
| Q2 25 | 0.2% | 5.3% | ||
| Q1 25 | 0.2% | 3.3% | ||
| Q4 24 | 0.0% | 0.0% | ||
| Q3 24 | 0.1% | 2.3% | ||
| Q2 24 | 0.2% | 1.9% |
现金转化率FORGLPI
| Q1 26 | — | — | ||
| Q4 25 | -10.19× | 4.10× | ||
| Q3 25 | 2.95× | 1.00× | ||
| Q2 25 | 0.48× | 1.94× | ||
| Q1 25 | -0.63× | 1.53× | ||
| Q4 24 | -27.27× | 4.80× | ||
| Q3 24 | 1.46× | 1.46× | ||
| Q2 24 | -1.59× | 1.21× |
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
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
GLPI
暂无分部数据
