vs
Forestar Group Inc.（FOR）与null（JACK）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是Forestar Group Inc.的1.3倍（$349.5M vs $273.0M），Forestar Group Inc.净利率更高（5.6% vs -0.7%，领先6.3%），Forestar Group Inc.同比增速更快（9.0% vs -25.5%），null自由现金流更多（$7.3M vs $-157.1M），过去两年Forestar Group Inc.的营收复合增速更高（-9.6% vs -18.6%）
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。
杰克盒子是源自美国的连锁快餐品牌，1951年由罗伯特·O·彼得森在加利福尼亚州圣迭戈创立，总部也设于此。品牌目前拥有超过2200家门店，业务主要覆盖美国西海岸，在西海岸以外的多个大都市区域以及关岛也设有门店。2017年12月前该公司曾运营Qdoba墨西哥烧烤连锁品牌，后该品牌被阿波罗全球管理收购。
FOR vs JACK — 直观对比
营收规模更大
JACK
是对方的1.3倍
$273.0M
营收增速更快
FOR
高出34.6%
-25.5%
净利率更高
FOR
高出6.3%
-0.7%
自由现金流更多
JACK
多$164.4M
$-157.1M
两年增速更快
FOR
近两年复合增速
-18.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $349.5M |
| 净利润 | $15.4M | $-2.5M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 13.3% |
| 净利率 | 5.6% | -0.7% |
| 营收同比 | 9.0% | -25.5% |
| 净利润同比 | -6.7% | -107.3% |
| 每股收益（稀释后） | $0.30 | $-0.13 |
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FORJACK
| Q1 26 | — | $349.5M | ||
| Q4 25 | $273.0M | — | ||
| Q3 25 | $670.5M | — | ||
| Q2 25 | $390.5M | $336.7M | ||
| Q1 25 | $351.0M | $371.1M | ||
| Q4 24 | $250.4M | — | ||
| Q3 24 | $551.3M | — | ||
| Q2 24 | $318.4M | $365.3M |
净利润FORJACK
| Q1 26 | — | $-2.5M | ||
| Q4 25 | $15.4M | — | ||
| Q3 25 | $86.9M | — | ||
| Q2 25 | $32.9M | $-142.2M | ||
| Q1 25 | $31.6M | $33.7M | ||
| Q4 24 | $16.5M | — | ||
| Q3 24 | $81.5M | — | ||
| Q2 24 | $38.7M | $25.0M |
毛利率FORJACK
| Q1 26 | — | — | ||
| 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% | — |
营业利润率FORJACK
| Q1 26 | — | 13.3% | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | 16.9% | — | ||
| Q2 25 | 11.2% | -46.7% | ||
| Q1 25 | 11.6% | 19.0% | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 19.7% | — | ||
| Q2 24 | 16.2% | 14.8% |
净利率FORJACK
| Q1 26 | — | -0.7% | ||
| Q4 25 | 5.6% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 8.4% | -42.2% | ||
| Q1 25 | 9.0% | 9.1% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 14.8% | — | ||
| Q2 24 | 12.2% | 6.8% |
每股收益（稀释后）FORJACK
| Q1 26 | — | $-0.13 | ||
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.70 | — | ||
| Q2 25 | $0.65 | $-7.47 | ||
| Q1 25 | $0.62 | $1.75 | ||
| Q4 24 | $0.32 | — | ||
| Q3 24 | $1.59 | — | ||
| Q2 24 | $0.76 | $1.26 |
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 | — |
| 总债务越低越好 | $793.2M | $1.6B |
| 股东权益账面价值 | $1.8B | $-936.0M |
| 总资产 | $3.2B | $2.0B |
| 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FORJACK
| Q1 26 | — | — | ||
| Q4 25 | $211.7M | — | ||
| Q3 25 | $379.2M | — | ||
| Q2 25 | $189.2M | — | ||
| Q1 25 | $174.3M | — | ||
| Q4 24 | $132.0M | — | ||
| Q3 24 | $481.2M | — | ||
| Q2 24 | $359.2M | — |
总债务FORJACK
| Q1 26 | — | $1.6B | ||
| Q4 25 | $793.2M | — | ||
| Q3 25 | $802.7M | — | ||
| Q2 25 | $872.8M | $1.7B | ||
| Q1 25 | $872.5M | $1.7B | ||
| Q4 24 | $806.8M | — | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | $1.7B |
股东权益FORJACK
| Q1 26 | — | $-936.0M | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.7B | $-976.2M | ||
| Q1 25 | $1.6B | $-827.1M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | $-702.6M |
总资产FORJACK
| Q1 26 | — | $2.0B | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $3.1B | $2.6B | ||
| Q1 25 | $3.0B | $2.8B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.7B | $2.9B |
负债/权益比FORJACK
| Q1 26 | — | — | ||
| 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× | — |
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 | $30.5M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $7.3M |
| 自由现金流率自由现金流/营收 | -57.5% | 2.1% |
| 资本支出强度资本支出/营收 | 0.0% | 6.6% |
| 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 | $34.8M |
8季度趋势，按日历期对齐
经营现金流FORJACK
| Q1 26 | — | $30.5M | ||
| Q4 25 | $-157.0M | — | ||
| Q3 25 | $256.3M | — | ||
| Q2 25 | $15.8M | $-36.8M | ||
| Q1 25 | $-19.8M | $105.7M | ||
| Q4 24 | $-450.0M | — | ||
| Q3 24 | $119.2M | — | ||
| Q2 24 | $-61.7M | $16.7M |
自由现金流FORJACK
| Q1 26 | — | $7.3M | ||
| Q4 25 | $-157.1M | — | ||
| Q3 25 | $255.6M | — | ||
| Q2 25 | $15.0M | $-63.2M | ||
| Q1 25 | $-20.5M | $84.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | $118.4M | — | ||
| Q2 24 | $-62.3M | $6.4M |
自由现金流率FORJACK
| Q1 26 | — | 2.1% | ||
| Q4 25 | -57.5% | — | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 3.8% | -18.8% | ||
| Q1 25 | -5.8% | 22.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 21.5% | — | ||
| Q2 24 | -19.6% | 1.8% |
资本支出强度FORJACK
| Q1 26 | — | 6.6% | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.2% | 7.9% | ||
| Q1 25 | 0.2% | 5.7% | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.2% | 2.8% |
现金转化率FORJACK
| Q1 26 | — | — | ||
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | 3.14× | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | 0.67× |
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% |
JACK
| Restaurant Sales | $131.9M | 38% |
| Franchise | $97.4M | 28% |
| Royaltyand Other | $58.9M | 17% |
| Advertising | $56.6M | 16% |
| Technology Service | $4.7M | 1% |
| Franchise Fees | $1.7M | 0% |
