vs
Forestar Group Inc.（FOR）与IDACORP INC（IDA）财务数据对比。点击上方公司名可切换其他公司
IDACORP INC的季度营收约是Forestar Group Inc.的1.3倍（$360.1M vs $273.0M），IDACORP INC净利率更高（12.1% vs 5.6%，领先6.5%），Forestar Group Inc.同比增速更快（9.0% vs -4.2%），Forestar Group Inc.自由现金流更多（$-157.1M vs $-216.2M），过去两年IDACORP INC的营收复合增速更高（-7.2% 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。
IDACORP Inc是注册于美国爱达荷州、总部设在博伊西的电力控股企业，成立于1998年10月1日，旗下拥有爱达荷电力公司、IDACORP金融公司及Ida-West能源公司，业务覆盖电力供应、能源服务及相关配套金融服务领域。
FOR vs IDA — 直观对比
营收规模更大
IDA
是对方的1.3倍
$273.0M
营收增速更快
FOR
高出13.2%
-4.2%
净利率更高
IDA
高出6.5%
5.6%
自由现金流更多
FOR
多$59.1M
$-216.2M
两年增速更快
IDA
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $360.1M |
| 净利润 | $15.4M | $43.6M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 14.9% |
| 净利率 | 5.6% | 12.1% |
| 营收同比 | 9.0% | -4.2% |
| 净利润同比 | -6.7% | 15.1% |
| 每股收益（稀释后） | $0.30 | $0.78 |
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FORIDA
| Q4 25 | $273.0M | $360.1M | ||
| Q3 25 | $670.5M | $526.4M | ||
| Q2 25 | $390.5M | $449.3M | ||
| Q1 25 | $351.0M | $411.1M | ||
| Q4 24 | $250.4M | $375.9M | ||
| Q3 24 | $551.3M | $532.5M | ||
| Q2 24 | $318.4M | $442.6M | ||
| Q1 24 | $333.8M | $417.9M |
净利润FORIDA
| Q4 25 | $15.4M | $43.6M | ||
| Q3 25 | $86.9M | $124.4M | ||
| Q2 25 | $32.9M | $95.8M | ||
| Q1 25 | $31.6M | $59.6M | ||
| Q4 24 | $16.5M | $37.9M | ||
| Q3 24 | $81.5M | $113.6M | ||
| Q2 24 | $38.7M | $89.5M | ||
| Q1 24 | $45.0M | $48.2M |
毛利率FORIDA
| 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FORIDA
| Q4 25 | 7.6% | 14.9% | ||
| Q3 25 | 16.9% | 27.5% | ||
| Q2 25 | 11.2% | 22.4% | ||
| Q1 25 | 11.6% | 13.4% | ||
| Q4 24 | 8.7% | 11.0% | ||
| Q3 24 | 19.7% | 25.1% | ||
| Q2 24 | 16.2% | 23.3% | ||
| Q1 24 | 17.6% | 11.9% |
净利率FORIDA
| Q4 25 | 5.6% | 12.1% | ||
| Q3 25 | 13.0% | 23.6% | ||
| Q2 25 | 8.4% | 21.3% | ||
| Q1 25 | 9.0% | 14.5% | ||
| Q4 24 | 6.6% | 10.1% | ||
| Q3 24 | 14.8% | 21.3% | ||
| Q2 24 | 12.2% | 20.2% | ||
| Q1 24 | 13.5% | 11.5% |
每股收益（稀释后）FORIDA
| Q4 25 | $0.30 | $0.78 | ||
| Q3 25 | $1.70 | $2.26 | ||
| Q2 25 | $0.65 | $1.76 | ||
| Q1 25 | $0.62 | $1.10 | ||
| Q4 24 | $0.32 | $0.72 | ||
| Q3 24 | $1.59 | $2.12 | ||
| Q2 24 | $0.76 | $1.71 | ||
| Q1 24 | $0.89 | $0.95 |
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 | $215.7M |
| 总债务越低越好 | $793.2M | $3.3B |
| 股东权益账面价值 | $1.8B | $3.6B |
| 总资产 | $3.2B | $10.2B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.93× |
8季度趋势，按日历期对齐
现金及短期投资FORIDA
| Q4 25 | $211.7M | $215.7M | ||
| Q3 25 | $379.2M | $333.2M | ||
| Q2 25 | $189.2M | $474.5M | ||
| Q1 25 | $174.3M | $634.5M | ||
| Q4 24 | $132.0M | $368.9M | ||
| Q3 24 | $481.2M | $427.9M | ||
| Q2 24 | $359.2M | $169.6M | ||
| Q1 24 | $416.2M | $157.6M |
总债务FORIDA
| Q4 25 | $793.2M | $3.3B | ||
| Q3 25 | $802.7M | — | ||
| Q2 25 | $872.8M | — | ||
| Q1 25 | $872.5M | — | ||
| Q4 24 | $806.8M | $3.1B | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | — | ||
| Q1 24 | $705.7M | — |
股东权益FORIDA
| Q4 25 | $1.8B | $3.6B | ||
| Q3 25 | $1.8B | $3.5B | ||
| Q2 25 | $1.7B | $3.4B | ||
| Q1 25 | $1.6B | $3.3B | ||
| Q4 24 | $1.6B | $3.3B | ||
| Q3 24 | $1.6B | $3.3B | ||
| Q2 24 | $1.5B | $3.2B | ||
| Q1 24 | $1.5B | $2.9B |
总资产FORIDA
| Q4 25 | $3.2B | $10.2B | ||
| Q3 25 | $3.1B | $10.1B | ||
| Q2 25 | $3.1B | $9.9B | ||
| Q1 25 | $3.0B | $9.6B | ||
| Q4 24 | $3.0B | $9.2B | ||
| Q3 24 | $2.8B | $9.1B | ||
| Q2 24 | $2.7B | $8.7B | ||
| Q1 24 | $2.6B | $8.3B |
负债/权益比FORIDA
| Q4 25 | 0.44× | 0.93× | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.50× | 0.92× | ||
| 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 | $137.8M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $-216.2M |
| 自由现金流率自由现金流/营收 | -57.5% | -60.0% |
| 资本支出强度资本支出/营收 | 0.0% | 98.3% |
| 现金转化率经营现金流/净利润 | -10.19× | 3.16× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $-577.5M |
8季度趋势，按日历期对齐
经营现金流FORIDA
| Q4 25 | $-157.0M | $137.8M | ||
| Q3 25 | $256.3M | $162.8M | ||
| Q2 25 | $15.8M | $176.9M | ||
| Q1 25 | $-19.8M | $124.3M | ||
| Q4 24 | $-450.0M | $136.4M | ||
| Q3 24 | $119.2M | $201.9M | ||
| Q2 24 | $-61.7M | $146.4M | ||
| Q1 24 | $-59.2M | $109.7M |
自由现金流FORIDA
| Q4 25 | $-157.1M | $-216.2M | ||
| Q3 25 | $255.6M | $-127.9M | ||
| Q2 25 | $15.0M | $-156.4M | ||
| Q1 25 | $-20.5M | $-77.0M | ||
| Q4 24 | — | $-48.9M | ||
| Q3 24 | $118.4M | $-16.1M | ||
| Q2 24 | $-62.3M | $-199.6M | ||
| Q1 24 | $-59.8M | $-150.3M |
自由现金流率FORIDA
| Q4 25 | -57.5% | -60.0% | ||
| Q3 25 | 38.1% | -24.3% | ||
| Q2 25 | 3.8% | -34.8% | ||
| Q1 25 | -5.8% | -18.7% | ||
| Q4 24 | — | -13.0% | ||
| Q3 24 | 21.5% | -3.0% | ||
| Q2 24 | -19.6% | -45.1% | ||
| Q1 24 | -17.9% | -36.0% |
资本支出强度FORIDA
| Q4 25 | 0.0% | 98.3% | ||
| Q3 25 | 0.1% | 55.2% | ||
| Q2 25 | 0.2% | 74.2% | ||
| Q1 25 | 0.2% | 49.0% | ||
| Q4 24 | 0.0% | 49.3% | ||
| Q3 24 | 0.1% | 41.0% | ||
| Q2 24 | 0.2% | 78.2% | ||
| Q1 24 | 0.2% | 62.2% |
现金转化率FORIDA
| Q4 25 | -10.19× | 3.16× | ||
| Q3 25 | 2.95× | 1.31× | ||
| Q2 25 | 0.48× | 1.85× | ||
| Q1 25 | -0.63× | 2.08× | ||
| Q4 24 | -27.27× | 3.60× | ||
| Q3 24 | 1.46× | 1.78× | ||
| Q2 24 | -1.59× | 1.63× | ||
| Q1 24 | -1.32× | 2.28× |
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% |
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
