vs
Forestar Group Inc.（FOR）与Gitlab Inc.（GTLB）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Gitlab Inc.的1.1倍（$273.0M vs $244.4M），Forestar Group Inc.净利率更高（5.6% vs -3.4%，领先9.0%），Gitlab Inc.同比增速更快（24.6% vs 9.0%），Gitlab Inc.自由现金流更多（$28.4M vs $-157.1M），过去两年Gitlab Inc.的营收复合增速更高（22.1% 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。
GitLab Inc.是一家美国企业，开发并运营同名开放核心架构DevOps软件平台，覆盖软件开发、安全防护、运维运营全流程。产品基于Git分布式版本控制技术搭建，还为各项目提供访问控制、缺陷追踪、需求管理、任务调度、项目知识库、代码片段分享等全栈协作功能。
FOR vs GTLB — 直观对比
营收规模更大
FOR
是对方的1.1倍
$244.4M
营收增速更快
GTLB
高出15.6%
9.0%
净利率更高
FOR
高出9.0%
-3.4%
自由现金流更多
GTLB
多$185.5M
$-157.1M
两年增速更快
GTLB
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $244.4M |
| 净利润 | $15.4M | $-8.3M |
| 毛利率 | 20.1% | 86.8% |
| 营业利润率 | 7.6% | -5.1% |
| 净利率 | 5.6% | -3.4% |
| 营收同比 | 9.0% | 24.6% |
| 净利润同比 | -6.7% | -128.0% |
| 每股收益（稀释后） | $0.30 | $-0.05 |
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FORGTLB
| Q4 25 | $273.0M | $244.4M | ||
| Q3 25 | $670.5M | $236.0M | ||
| Q2 25 | $390.5M | $214.5M | ||
| Q1 25 | $351.0M | $211.4M | ||
| Q4 24 | $250.4M | $196.0M | ||
| Q3 24 | $551.3M | $182.6M | ||
| Q2 24 | $318.4M | $169.2M | ||
| Q1 24 | $333.8M | $163.8M |
净利润FORGTLB
| Q4 25 | $15.4M | $-8.3M | ||
| Q3 25 | $86.9M | $-9.2M | ||
| Q2 25 | $32.9M | $-35.9M | ||
| Q1 25 | $31.6M | $5.8M | ||
| Q4 24 | $16.5M | $29.6M | ||
| Q3 24 | $81.5M | $12.9M | ||
| Q2 24 | $38.7M | $-54.6M | ||
| Q1 24 | $45.0M | $-36.5M |
毛利率FORGTLB
| Q4 25 | 20.1% | 86.8% | ||
| Q3 25 | 22.3% | 87.9% | ||
| Q2 25 | 20.4% | 88.3% | ||
| Q1 25 | 22.6% | 89.2% | ||
| Q4 24 | 22.0% | 88.7% | ||
| Q3 24 | 23.9% | 88.3% | ||
| Q2 24 | 22.5% | 88.9% | ||
| Q1 24 | 24.9% | 90.2% |
营业利润率FORGTLB
| Q4 25 | 7.6% | -5.1% | ||
| Q3 25 | 16.9% | -7.8% | ||
| Q2 25 | 11.2% | -16.1% | ||
| Q1 25 | 11.6% | -9.1% | ||
| Q4 24 | 8.7% | -14.7% | ||
| Q3 24 | 19.7% | -22.5% | ||
| Q2 24 | 16.2% | -31.7% | ||
| Q1 24 | 17.6% | -21.3% |
净利率FORGTLB
| Q4 25 | 5.6% | -3.4% | ||
| Q3 25 | 13.0% | -3.9% | ||
| Q2 25 | 8.4% | -16.7% | ||
| Q1 25 | 9.0% | 2.7% | ||
| Q4 24 | 6.6% | 15.1% | ||
| Q3 24 | 14.8% | 7.1% | ||
| Q2 24 | 12.2% | -32.3% | ||
| Q1 24 | 13.5% | -22.3% |
每股收益（稀释后）FORGTLB
| Q4 25 | $0.30 | $-0.05 | ||
| Q3 25 | $1.70 | $-0.06 | ||
| Q2 25 | $0.65 | $-0.22 | ||
| Q1 25 | $0.62 | $0.05 | ||
| Q4 24 | $0.32 | $0.18 | ||
| Q3 24 | $1.59 | $0.08 | ||
| Q2 24 | $0.76 | $-0.35 | ||
| Q1 24 | $0.89 | $-0.23 |
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 | $224.2M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $922.7M |
| 总资产 | $3.2B | $1.6B |
| 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FORGTLB
| Q4 25 | $211.7M | $224.2M | ||
| Q3 25 | $379.2M | $261.4M | ||
| Q2 25 | $189.2M | $255.7M | ||
| Q1 25 | $174.3M | $227.6M | ||
| Q4 24 | $132.0M | $176.6M | ||
| Q3 24 | $481.2M | $438.6M | ||
| Q2 24 | $359.2M | $420.3M | ||
| Q1 24 | $416.2M | $288.0M |
总债务FORGTLB
| 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FORGTLB
| Q4 25 | $1.8B | $922.7M | ||
| Q3 25 | $1.8B | $866.6M | ||
| Q2 25 | $1.7B | $808.3M | ||
| Q1 25 | $1.6B | $775.9M | ||
| Q4 24 | $1.6B | $724.7M | ||
| Q3 24 | $1.6B | $642.8M | ||
| Q2 24 | $1.5B | $567.8M | ||
| Q1 24 | $1.5B | $571.2M |
总资产FORGTLB
| Q4 25 | $3.2B | $1.6B | ||
| Q3 25 | $3.1B | $1.5B | ||
| Q2 25 | $3.1B | $1.4B | ||
| Q1 25 | $3.0B | $1.4B | ||
| Q4 24 | $3.0B | $1.3B | ||
| Q3 24 | $2.8B | $1.4B | ||
| Q2 24 | $2.7B | $1.3B | ||
| Q1 24 | $2.6B | $1.3B |
负债/权益比FORGTLB
| 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 | $-157.0M | $31.4M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $28.4M |
| 自由现金流率自由现金流/营收 | -57.5% | 11.6% |
| 资本支出强度资本支出/营收 | 0.0% | 1.2% |
| 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 | $242.3M |
8季度趋势，按日历期对齐
经营现金流FORGTLB
| Q4 25 | $-157.0M | $31.4M | ||
| Q3 25 | $256.3M | $49.4M | ||
| Q2 25 | $15.8M | $106.3M | ||
| Q1 25 | $-19.8M | $63.2M | ||
| Q4 24 | $-450.0M | $-177.0M | ||
| Q3 24 | $119.2M | $11.7M | ||
| Q2 24 | $-61.7M | $38.1M | ||
| Q1 24 | $-59.2M | $24.9M |
自由现金流FORGTLB
| Q4 25 | $-157.1M | $28.4M | ||
| Q3 25 | $255.6M | $46.5M | ||
| Q2 25 | $15.0M | $105.4M | ||
| Q1 25 | $-20.5M | $62.1M | ||
| Q4 24 | — | $-178.1M | ||
| Q3 24 | $118.4M | $10.8M | ||
| Q2 24 | $-62.3M | $37.4M | ||
| Q1 24 | $-59.8M | $24.5M |
自由现金流率FORGTLB
| Q4 25 | -57.5% | 11.6% | ||
| Q3 25 | 38.1% | 19.7% | ||
| Q2 25 | 3.8% | 49.1% | ||
| Q1 25 | -5.8% | 29.4% | ||
| Q4 24 | — | -90.8% | ||
| Q3 24 | 21.5% | 5.9% | ||
| Q2 24 | -19.6% | 22.1% | ||
| Q1 24 | -17.9% | 15.0% |
资本支出强度FORGTLB
| Q4 25 | 0.0% | 1.2% | ||
| Q3 25 | 0.1% | 1.2% | ||
| Q2 25 | 0.2% | 0.4% | ||
| Q1 25 | 0.2% | 0.5% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.1% | 0.5% | ||
| Q2 24 | 0.2% | 0.4% | ||
| Q1 24 | 0.2% | 0.2% |
现金转化率FORGTLB
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | 10.89× | ||
| Q4 24 | -27.27× | -5.99× | ||
| Q3 24 | 1.46× | 0.90× | ||
| Q2 24 | -1.59× | — | ||
| Q1 24 | -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
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
GTLB
| Subscription And Circulation | $146.4M | 60% |
| Subscription Software As A Service | $76.9M | 31% |
| License | $15.5M | 6% |
| Professional Services And Other | $5.6M | 2% |
