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Forestar Group Inc.（FOR）与INTERPARFUMS INC（IPAR）财务数据对比。点击上方公司名可切换其他公司
INTERPARFUMS INC的季度营收约是Forestar Group Inc.的1.4倍（$386.2M vs $273.0M），INTERPARFUMS INC净利率更高（7.3% vs 5.6%，领先1.6%），Forestar Group Inc.同比增速更快（9.0% vs 6.8%），INTERPARFUMS INC自由现金流更多（$145.0M vs $-157.1M），过去两年INTERPARFUMS INC的营收复合增速更高（9.2% 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。
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
FOR vs IPAR — 直观对比
营收规模更大
IPAR
是对方的1.4倍
$273.0M
营收增速更快
FOR
高出2.2%
6.8%
净利率更高
IPAR
高出1.6%
5.6%
自由现金流更多
IPAR
多$302.1M
$-157.1M
两年增速更快
IPAR
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $386.2M |
| 净利润 | $15.4M | $28.1M |
| 毛利率 | 20.1% | 61.5% |
| 营业利润率 | 7.6% | 7.1% |
| 净利率 | 5.6% | 7.3% |
| 营收同比 | 9.0% | 6.8% |
| 净利润同比 | -6.7% | 16.0% |
| 每股收益（稀释后） | $0.30 | $0.88 |
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FORIPAR
| Q4 25 | $273.0M | $386.2M | ||
| Q3 25 | $670.5M | $429.6M | ||
| Q2 25 | $390.5M | $333.9M | ||
| Q1 25 | $351.0M | $338.8M | ||
| Q4 24 | $250.4M | $361.5M | ||
| Q3 24 | $551.3M | $424.6M | ||
| Q2 24 | $318.4M | $342.2M | ||
| Q1 24 | $333.8M | $324.0M |
净利润FORIPAR
| Q4 25 | $15.4M | $28.1M | ||
| Q3 25 | $86.9M | $65.8M | ||
| Q2 25 | $32.9M | $32.0M | ||
| Q1 25 | $31.6M | $42.5M | ||
| Q4 24 | $16.5M | $24.2M | ||
| Q3 24 | $81.5M | $62.3M | ||
| Q2 24 | $38.7M | $36.8M | ||
| Q1 24 | $45.0M | $41.0M |
毛利率FORIPAR
| Q4 25 | 20.1% | 61.5% | ||
| Q3 25 | 22.3% | 63.5% | ||
| Q2 25 | 20.4% | 66.2% | ||
| Q1 25 | 22.6% | 63.7% | ||
| Q4 24 | 22.0% | 64.5% | ||
| Q3 24 | 23.9% | 63.9% | ||
| Q2 24 | 22.5% | 64.5% | ||
| Q1 24 | 24.9% | 62.5% |
营业利润率FORIPAR
| Q4 25 | 7.6% | 7.1% | ||
| Q3 25 | 16.9% | 25.3% | ||
| Q2 25 | 11.2% | 17.7% | ||
| Q1 25 | 11.6% | 22.2% | ||
| Q4 24 | 8.7% | 10.0% | ||
| Q3 24 | 19.7% | 25.0% | ||
| Q2 24 | 16.2% | 18.9% | ||
| Q1 24 | 17.6% | 21.0% |
净利率FORIPAR
| Q4 25 | 5.6% | 7.3% | ||
| Q3 25 | 13.0% | 15.3% | ||
| Q2 25 | 8.4% | 9.6% | ||
| Q1 25 | 9.0% | 12.5% | ||
| Q4 24 | 6.6% | 6.7% | ||
| Q3 24 | 14.8% | 14.7% | ||
| Q2 24 | 12.2% | 10.8% | ||
| Q1 24 | 13.5% | 12.7% |
每股收益（稀释后）FORIPAR
| Q4 25 | $0.30 | $0.88 | ||
| Q3 25 | $1.70 | $2.05 | ||
| Q2 25 | $0.65 | $0.99 | ||
| Q1 25 | $0.62 | $1.32 | ||
| Q4 24 | $0.32 | $0.78 | ||
| Q3 24 | $1.59 | $1.93 | ||
| Q2 24 | $0.76 | $1.14 | ||
| Q1 24 | $0.89 | $1.27 |
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 | $137.1M |
| 总债务越低越好 | $793.2M | $176.0M |
| 股东权益账面价值 | $1.8B | $880.7M |
| 总资产 | $3.2B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资FORIPAR
| Q4 25 | $211.7M | $137.1M | ||
| Q3 25 | $379.2M | $77.5M | ||
| Q2 25 | $189.2M | $53.9M | ||
| Q1 25 | $174.3M | $75.3M | ||
| Q4 24 | $132.0M | $109.3M | ||
| Q3 24 | $481.2M | $78.8M | ||
| Q2 24 | $359.2M | $37.7M | ||
| Q1 24 | $416.2M | $76.1M |
总债务FORIPAR
| Q4 25 | $793.2M | $176.0M | ||
| Q3 25 | $802.7M | — | ||
| Q2 25 | $872.8M | — | ||
| Q1 25 | $872.5M | — | ||
| Q4 24 | $806.8M | $157.3M | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | — | ||
| Q1 24 | $705.7M | — |
股东权益FORIPAR
| Q4 25 | $1.8B | $880.7M | ||
| Q3 25 | $1.8B | $870.9M | ||
| Q2 25 | $1.7B | $839.4M | ||
| Q1 25 | $1.6B | $788.6M | ||
| Q4 24 | $1.6B | $744.9M | ||
| Q3 24 | $1.6B | $778.5M | ||
| Q2 24 | $1.5B | $717.1M | ||
| Q1 24 | $1.5B | $708.1M |
总资产FORIPAR
| Q4 25 | $3.2B | $1.6B | ||
| Q3 25 | $3.1B | $1.6B | ||
| Q2 25 | $3.1B | $1.6B | ||
| Q1 25 | $3.0B | $1.4B | ||
| Q4 24 | $3.0B | $1.4B | ||
| Q3 24 | $2.8B | $1.5B | ||
| Q2 24 | $2.7B | $1.4B | ||
| Q1 24 | $2.6B | $1.3B |
负债/权益比FORIPAR
| Q4 25 | 0.44× | 0.20× | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.50× | 0.21× | ||
| 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 | $146.5M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $145.0M |
| 自由现金流率自由现金流/营收 | -57.5% | 37.5% |
| 资本支出强度资本支出/营收 | 0.0% | 0.4% |
| 现金转化率经营现金流/净利润 | -10.19× | 5.21× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $190.5M |
8季度趋势，按日历期对齐
经营现金流FORIPAR
| Q4 25 | $-157.0M | $146.5M | ||
| Q3 25 | $256.3M | $63.9M | ||
| Q2 25 | $15.8M | $11.9M | ||
| Q1 25 | $-19.8M | $-7.4M | ||
| Q4 24 | $-450.0M | $138.0M | ||
| Q3 24 | $119.2M | $76.1M | ||
| Q2 24 | $-61.7M | $25.5M | ||
| Q1 24 | $-59.2M | $-52.0M |
自由现金流FORIPAR
| Q4 25 | $-157.1M | $145.0M | ||
| Q3 25 | $255.6M | $57.6M | ||
| Q2 25 | $15.0M | $-3.3M | ||
| Q1 25 | $-20.5M | $-8.8M | ||
| Q4 24 | — | $136.1M | ||
| Q3 24 | $118.4M | $75.4M | ||
| Q2 24 | $-62.3M | $24.4M | ||
| Q1 24 | $-59.8M | $-53.0M |
自由现金流率FORIPAR
| Q4 25 | -57.5% | 37.5% | ||
| Q3 25 | 38.1% | 13.4% | ||
| Q2 25 | 3.8% | -1.0% | ||
| Q1 25 | -5.8% | -2.6% | ||
| Q4 24 | — | 37.7% | ||
| Q3 24 | 21.5% | 17.8% | ||
| Q2 24 | -19.6% | 7.1% | ||
| Q1 24 | -17.9% | -16.4% |
资本支出强度FORIPAR
| Q4 25 | 0.0% | 0.4% | ||
| Q3 25 | 0.1% | 1.5% | ||
| Q2 25 | 0.2% | 4.5% | ||
| Q1 25 | 0.2% | 0.4% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.1% | 0.2% | ||
| Q2 24 | 0.2% | 0.3% | ||
| Q1 24 | 0.2% | 0.3% |
现金转化率FORIPAR
| Q4 25 | -10.19× | 5.21× | ||
| Q3 25 | 2.95× | 0.97× | ||
| Q2 25 | 0.48× | 0.37× | ||
| Q1 25 | -0.63× | -0.17× | ||
| Q4 24 | -27.27× | 5.69× | ||
| Q3 24 | 1.46× | 1.22× | ||
| Q2 24 | -1.59× | 0.69× | ||
| Q1 24 | -1.32× | -1.27× |
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% |
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
