vs
Forestar Group Inc.（FOR）与Holley Inc.（HLLY）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Holley Inc.的1.8倍（$273.0M vs $155.4M），Forestar Group Inc.净利率更高（5.6% vs 4.1%，领先1.6%），Holley Inc.同比增速更快（11.0% vs 9.0%），Holley Inc.自由现金流更多（$3.8M vs $-157.1M），过去两年Holley Inc.的营收复合增速更高（-1.0% 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。
霍利性能产品是一家主营汽车性能升级配件的企业，总部位于肯塔基州鲍灵格林。该公司由乔治·霍利与厄尔·霍利在1896年创立于宾夕法尼亚州布拉福德，早年扎根密歇根州时，曾是底特律多家整车厂主要的化油器供应商。
FOR vs HLLY — 直观对比
营收规模更大
FOR
是对方的1.8倍
$155.4M
营收增速更快
HLLY
高出2.0%
9.0%
净利率更高
FOR
高出1.6%
4.1%
自由现金流更多
HLLY
多$160.9M
$-157.1M
两年增速更快
HLLY
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $155.4M |
| 净利润 | $15.4M | $6.3M |
| 毛利率 | 20.1% | 46.8% |
| 营业利润率 | 7.6% | 12.7% |
| 净利率 | 5.6% | 4.1% |
| 营收同比 | 9.0% | 11.0% |
| 净利润同比 | -6.7% | 116.7% |
| 每股收益（稀释后） | $0.30 | $0.06 |
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FORHLLY
| Q4 25 | $273.0M | $155.4M | ||
| Q3 25 | $670.5M | $138.4M | ||
| Q2 25 | $390.5M | $166.7M | ||
| Q1 25 | $351.0M | $153.0M | ||
| Q4 24 | $250.4M | $140.1M | ||
| Q3 24 | $551.3M | $134.0M | ||
| Q2 24 | $318.4M | $169.5M | ||
| Q1 24 | $333.8M | $158.6M |
净利润FORHLLY
| Q4 25 | $15.4M | $6.3M | ||
| Q3 25 | $86.9M | $-806.0K | ||
| Q2 25 | $32.9M | $10.9M | ||
| Q1 25 | $31.6M | $2.8M | ||
| Q4 24 | $16.5M | $-37.8M | ||
| Q3 24 | $81.5M | $-6.3M | ||
| Q2 24 | $38.7M | $17.1M | ||
| Q1 24 | $45.0M | $3.7M |
毛利率FORHLLY
| Q4 25 | 20.1% | 46.8% | ||
| Q3 25 | 22.3% | 43.2% | ||
| Q2 25 | 20.4% | 41.7% | ||
| Q1 25 | 22.6% | 41.9% | ||
| Q4 24 | 22.0% | 45.6% | ||
| Q3 24 | 23.9% | 39.0% | ||
| Q2 24 | 22.5% | 41.5% | ||
| Q1 24 | 24.9% | 32.8% |
营业利润率FORHLLY
| Q4 25 | 7.6% | 12.7% | ||
| Q3 25 | 16.9% | 11.5% | ||
| Q2 25 | 11.2% | 16.5% | ||
| Q1 25 | 11.6% | 12.6% | ||
| Q4 24 | 8.7% | -20.7% | ||
| Q3 24 | 19.7% | 4.2% | ||
| Q2 24 | 16.2% | 16.4% | ||
| Q1 24 | 17.6% | 6.4% |
净利率FORHLLY
| Q4 25 | 5.6% | 4.1% | ||
| Q3 25 | 13.0% | -0.6% | ||
| Q2 25 | 8.4% | 6.5% | ||
| Q1 25 | 9.0% | 1.8% | ||
| Q4 24 | 6.6% | -27.0% | ||
| Q3 24 | 14.8% | -4.7% | ||
| Q2 24 | 12.2% | 10.1% | ||
| Q1 24 | 13.5% | 2.4% |
每股收益（稀释后）FORHLLY
| Q4 25 | $0.30 | $0.06 | ||
| Q3 25 | $1.70 | $-0.01 | ||
| Q2 25 | $0.65 | $0.09 | ||
| Q1 25 | $0.62 | $0.02 | ||
| Q4 24 | $0.32 | $-0.32 | ||
| Q3 24 | $1.59 | $-0.05 | ||
| Q2 24 | $0.76 | $0.14 | ||
| Q1 24 | $0.89 | $0.03 |
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 | $37.2M |
| 总债务越低越好 | $793.2M | $516.1M |
| 股东权益账面价值 | $1.8B | $448.9M |
| 总资产 | $3.2B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.44× | 1.15× |
8季度趋势，按日历期对齐
现金及短期投资FORHLLY
| Q4 25 | $211.7M | $37.2M | ||
| Q3 25 | $379.2M | $50.7M | ||
| Q2 25 | $189.2M | $63.8M | ||
| Q1 25 | $174.3M | $39.1M | ||
| Q4 24 | $132.0M | $56.1M | ||
| Q3 24 | $481.2M | $50.8M | ||
| Q2 24 | $359.2M | $53.1M | ||
| Q1 24 | $416.2M | $41.1M |
总债务FORHLLY
| Q4 25 | $793.2M | $516.1M | ||
| Q3 25 | $802.7M | $528.9M | ||
| Q2 25 | $872.8M | $543.3M | ||
| Q1 25 | $872.5M | $551.3M | ||
| Q4 24 | $806.8M | $545.4M | ||
| Q3 24 | $706.4M | $556.4M | ||
| Q2 24 | $706.1M | $556.1M | ||
| Q1 24 | $705.7M | $567.6M |
股东权益FORHLLY
| Q4 25 | $1.8B | $448.9M | ||
| Q3 25 | $1.8B | $439.7M | ||
| Q2 25 | $1.7B | $437.8M | ||
| Q1 25 | $1.6B | $424.6M | ||
| Q4 24 | $1.6B | $421.2M | ||
| Q3 24 | $1.6B | $458.7M | ||
| Q2 24 | $1.5B | $463.2M | ||
| Q1 24 | $1.5B | $444.9M |
总资产FORHLLY
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.1B | $1.2B | ||
| Q2 25 | $3.1B | $1.2B | ||
| Q1 25 | $3.0B | $1.1B | ||
| Q4 24 | $3.0B | $1.1B | ||
| Q3 24 | $2.8B | $1.2B | ||
| Q2 24 | $2.7B | $1.2B | ||
| Q1 24 | $2.6B | $1.2B |
负债/权益比FORHLLY
| Q4 25 | 0.44× | 1.15× | ||
| Q3 25 | 0.45× | 1.20× | ||
| Q2 25 | 0.52× | 1.24× | ||
| Q1 25 | 0.53× | 1.30× | ||
| Q4 24 | 0.50× | 1.29× | ||
| Q3 24 | 0.44× | 1.21× | ||
| Q2 24 | 0.47× | 1.20× | ||
| Q1 24 | 0.48× | 1.28× |
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 | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $3.8M |
| 自由现金流率自由现金流/营收 | -57.5% | 2.4% |
| 资本支出强度资本支出/营收 | 0.0% | 1.5% |
| 现金转化率经营现金流/净利润 | -10.19× | 0.98× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $33.9M |
8季度趋势，按日历期对齐
经营现金流FORHLLY
| Q4 25 | $-157.0M | $6.2M | ||
| Q3 25 | $256.3M | $7.4M | ||
| Q2 25 | $15.8M | $40.5M | ||
| Q1 25 | $-19.8M | $-7.8M | ||
| Q4 24 | $-450.0M | $4.1M | ||
| Q3 24 | $119.2M | $-1.7M | ||
| Q2 24 | $-61.7M | $25.7M | ||
| Q1 24 | $-59.2M | $18.8M |
自由现金流FORHLLY
| Q4 25 | $-157.1M | $3.8M | ||
| Q3 25 | $255.6M | $5.3M | ||
| Q2 25 | $15.0M | $35.7M | ||
| Q1 25 | $-20.5M | $-10.8M | ||
| Q4 24 | — | $1.7M | ||
| Q3 24 | $118.4M | $-3.5M | ||
| Q2 24 | $-62.3M | $24.3M | ||
| Q1 24 | $-59.8M | $17.6M |
自由现金流率FORHLLY
| Q4 25 | -57.5% | 2.4% | ||
| Q3 25 | 38.1% | 3.8% | ||
| Q2 25 | 3.8% | 21.4% | ||
| Q1 25 | -5.8% | -7.1% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | 21.5% | -2.6% | ||
| Q2 24 | -19.6% | 14.3% | ||
| Q1 24 | -17.9% | 11.1% |
资本支出强度FORHLLY
| Q4 25 | 0.0% | 1.5% | ||
| Q3 25 | 0.1% | 1.6% | ||
| Q2 25 | 0.2% | 2.9% | ||
| Q1 25 | 0.2% | 1.9% | ||
| Q4 24 | 0.0% | 1.7% | ||
| Q3 24 | 0.1% | 1.3% | ||
| Q2 24 | 0.2% | 0.8% | ||
| Q1 24 | 0.2% | 0.8% |
现金转化率FORHLLY
| Q4 25 | -10.19× | 0.98× | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 0.48× | 3.73× | ||
| Q1 25 | -0.63× | -2.79× | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | 1.50× | ||
| Q1 24 | -1.32× | 5.05× |
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% |
HLLY
| Truck Off Road | $125.5M | 81% |
| Euro Import | $29.9M | 19% |
