vs
Forestar Group Inc.（FOR）与Hagerty, Inc.（HGTY）财务数据对比。点击上方公司名可切换其他公司
Hagerty, Inc.的季度营收约是Forestar Group Inc.的1.4倍（$388.1M vs $273.0M），Hagerty, Inc.净利率更高（7.4% vs 5.6%，领先1.7%），Hagerty, Inc.同比增速更快（16.5% vs 9.0%），Hagerty, Inc.自由现金流更多（$194.5M vs $-157.1M），过去两年Hagerty, Inc.的营收复合增速更高（19.5% 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。
哈格蒂（Hagerty, Inc.）是美国知名汽车生活方式及会员服务企业，同时是全球规模最大的经典老爷车特种保险供应商，总部位于密歇根州特拉弗斯城，业务范围覆盖加拿大、德国及英国市场。
FOR vs HGTY — 直观对比
营收规模更大
HGTY
是对方的1.4倍
$273.0M
营收增速更快
HGTY
高出7.5%
9.0%
净利率更高
HGTY
高出1.7%
5.6%
自由现金流更多
HGTY
多$351.6M
$-157.1M
两年增速更快
HGTY
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $388.1M |
| 净利润 | $15.4M | $28.6M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 10.2% |
| 净利率 | 5.6% | 7.4% |
| 营收同比 | 9.0% | 16.5% |
| 净利润同比 | -6.7% | 238.4% |
| 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FORHGTY
| Q4 25 | $273.0M | $388.1M | ||
| Q3 25 | $670.5M | $380.0M | ||
| Q2 25 | $390.5M | $368.7M | ||
| Q1 25 | $351.0M | $319.6M | ||
| Q4 24 | $250.4M | $333.2M | ||
| Q3 24 | $551.3M | $323.4M | ||
| Q2 24 | $318.4M | $313.2M | ||
| Q1 24 | $333.8M | $271.7M |
净利润FORHGTY
| Q4 25 | $15.4M | $28.6M | ||
| Q3 25 | $86.9M | $46.2M | ||
| Q2 25 | $32.9M | $47.2M | ||
| Q1 25 | $31.6M | $27.3M | ||
| Q4 24 | $16.5M | $8.4M | ||
| Q3 24 | $81.5M | $19.0M | ||
| Q2 24 | $38.7M | $42.7M | ||
| Q1 24 | $45.0M | $8.2M |
毛利率FORHGTY
| 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% | — | ||
| Q1 24 | 24.9% | — |
营业利润率FORHGTY
| Q4 25 | 7.6% | 10.2% | ||
| Q3 25 | 16.9% | 9.0% | ||
| Q2 25 | 11.2% | 12.9% | ||
| Q1 25 | 11.6% | 8.1% | ||
| Q4 24 | 8.7% | 1.8% | ||
| Q3 24 | 19.7% | 3.1% | ||
| Q2 24 | 16.2% | 12.2% | ||
| Q1 24 | 17.6% | 4.5% |
净利率FORHGTY
| Q4 25 | 5.6% | 7.4% | ||
| Q3 25 | 13.0% | 12.2% | ||
| Q2 25 | 8.4% | 12.8% | ||
| Q1 25 | 9.0% | 8.5% | ||
| Q4 24 | 6.6% | 2.5% | ||
| Q3 24 | 14.8% | 5.9% | ||
| Q2 24 | 12.2% | 13.6% | ||
| Q1 24 | 13.5% | 3.0% |
每股收益（稀释后）FORHGTY
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.70 | — | ||
| Q2 25 | $0.65 | — | ||
| Q1 25 | $0.62 | — | ||
| Q4 24 | $0.32 | — | ||
| Q3 24 | $1.59 | — | ||
| Q2 24 | $0.76 | — | ||
| Q1 24 | $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 | $211.7M | $160.2M |
| 总债务越低越好 | $793.2M | $177.9M |
| 股东权益账面价值 | $1.8B | $221.3M |
| 总资产 | $3.2B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资FORHGTY
| Q4 25 | $211.7M | $160.2M | ||
| Q3 25 | $379.2M | $290.5M | ||
| Q2 25 | $189.2M | $259.6M | ||
| Q1 25 | $174.3M | $232.7M | ||
| Q4 24 | $132.0M | $178.7M | ||
| Q3 24 | $481.2M | $208.9M | ||
| Q2 24 | $359.2M | $186.4M | ||
| Q1 24 | $416.2M | $131.2M |
总债务FORHGTY
| Q4 25 | $793.2M | $177.9M | ||
| Q3 25 | $802.7M | $104.4M | ||
| Q2 25 | $872.8M | $153.4M | ||
| Q1 25 | $872.5M | $132.6M | ||
| Q4 24 | $806.8M | $105.8M | ||
| Q3 24 | $706.4M | $122.9M | ||
| Q2 24 | $706.1M | $98.0M | ||
| Q1 24 | $705.7M | $91.5M |
股东权益FORHGTY
| Q4 25 | $1.8B | $221.3M | ||
| Q3 25 | $1.8B | $211.7M | ||
| Q2 25 | $1.7B | $172.3M | ||
| Q1 25 | $1.6B | $162.9M | ||
| Q4 24 | $1.6B | $150.3M | ||
| Q3 24 | $1.6B | $148.3M | ||
| Q2 24 | $1.5B | $94.4M | ||
| Q1 24 | $1.5B | $93.5M |
总资产FORHGTY
| Q4 25 | $3.2B | $2.1B | ||
| Q3 25 | $3.1B | $2.2B | ||
| Q2 25 | $3.1B | $2.0B | ||
| Q1 25 | $3.0B | $1.8B | ||
| Q4 24 | $3.0B | $1.7B | ||
| Q3 24 | $2.8B | $1.8B | ||
| Q2 24 | $2.7B | $1.7B | ||
| Q1 24 | $2.6B | $1.6B |
负债/权益比FORHGTY
| Q4 25 | 0.44× | 0.80× | ||
| Q3 25 | 0.45× | 0.49× | ||
| Q2 25 | 0.52× | 0.89× | ||
| Q1 25 | 0.53× | 0.81× | ||
| Q4 24 | 0.50× | 0.70× | ||
| Q3 24 | 0.44× | 0.83× | ||
| Q2 24 | 0.47× | 1.04× | ||
| Q1 24 | 0.48× | 0.98× |
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 | $219.0M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $194.5M |
| 自由现金流率自由现金流/营收 | -57.5% | 50.1% |
| 资本支出强度资本支出/营收 | 0.0% | 6.3% |
| 现金转化率经营现金流/净利润 | -10.19× | 7.67× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $365.8M |
8季度趋势，按日历期对齐
经营现金流FORHGTY
| Q4 25 | $-157.0M | $219.0M | ||
| Q3 25 | $256.3M | $92.2M | ||
| Q2 25 | $15.8M | $53.9M | ||
| Q1 25 | $-19.8M | $43.8M | ||
| Q4 24 | $-450.0M | $177.0M | ||
| Q3 24 | $119.2M | $67.4M | ||
| Q2 24 | $-61.7M | $64.0M | ||
| Q1 24 | $-59.2M | $58.2M |
自由现金流FORHGTY
| Q4 25 | $-157.1M | $194.5M | ||
| Q3 25 | $255.6M | $85.2M | ||
| Q2 25 | $15.0M | $47.7M | ||
| Q1 25 | $-20.5M | $38.4M | ||
| Q4 24 | — | $155.7M | ||
| Q3 24 | $118.4M | $62.0M | ||
| Q2 24 | $-62.3M | $56.6M | ||
| Q1 24 | $-59.8M | $53.7M |
自由现金流率FORHGTY
| Q4 25 | -57.5% | 50.1% | ||
| Q3 25 | 38.1% | 22.4% | ||
| Q2 25 | 3.8% | 12.9% | ||
| Q1 25 | -5.8% | 12.0% | ||
| Q4 24 | — | 46.7% | ||
| Q3 24 | 21.5% | 19.2% | ||
| Q2 24 | -19.6% | 18.1% | ||
| Q1 24 | -17.9% | 19.8% |
资本支出强度FORHGTY
| Q4 25 | 0.0% | 6.3% | ||
| Q3 25 | 0.1% | 1.8% | ||
| Q2 25 | 0.2% | 1.7% | ||
| Q1 25 | 0.2% | 1.7% | ||
| Q4 24 | 0.0% | 6.4% | ||
| Q3 24 | 0.1% | 1.7% | ||
| Q2 24 | 0.2% | 2.4% | ||
| Q1 24 | 0.2% | 1.7% |
现金转化率FORHGTY
| Q4 25 | -10.19× | 7.67× | ||
| Q3 25 | 2.95× | 2.00× | ||
| Q2 25 | 0.48× | 1.14× | ||
| Q1 25 | -0.63× | 1.61× | ||
| Q4 24 | -27.27× | 20.97× | ||
| Q3 24 | 1.46× | 3.55× | ||
| Q2 24 | -1.59× | 1.50× | ||
| Q1 24 | -1.32× | 7.10× |
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% |
HGTY
暂无分部数据
