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Forestar Group Inc.（FOR）与LANDS' END, INC.（LE）财务数据对比。点击上方公司名可切换其他公司
LANDS' END, INC.的季度营收约是Forestar Group Inc.的1.2倍（$317.5M vs $273.0M），Forestar Group Inc.净利率更高（5.6% vs 1.6%，领先4.0%），Forestar Group Inc.同比增速更快（9.0% vs 0.1%），LANDS' END, INC.自由现金流更多（$-22.4M vs $-157.1M），过去两年LANDS' END, INC.的营收复合增速更高（-0.9% 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。
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
FOR vs LE — 直观对比
营收规模更大
LE
是对方的1.2倍
$273.0M
营收增速更快
FOR
高出8.9%
0.1%
净利率更高
FOR
高出4.0%
1.6%
自由现金流更多
LE
多$134.7M
$-157.1M
两年增速更快
LE
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $317.5M |
| 净利润 | $15.4M | $5.2M |
| 毛利率 | 20.1% | 51.8% |
| 营业利润率 | 7.6% | 5.3% |
| 净利率 | 5.6% | 1.6% |
| 营收同比 | 9.0% | 0.1% |
| 净利润同比 | -6.7% | 198.3% |
| 每股收益（稀释后） | $0.30 | $0.17 |
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FORLE
| Q4 25 | $273.0M | $317.5M | ||
| Q3 25 | $670.5M | — | ||
| Q2 25 | $390.5M | $261.2M | ||
| Q1 25 | $351.0M | — | ||
| Q4 24 | $250.4M | $318.6M | ||
| Q3 24 | $551.3M | $317.2M | ||
| Q2 24 | $318.4M | $285.5M | ||
| Q1 24 | $333.8M | $514.9M |
净利润FORLE
| Q4 25 | $15.4M | $5.2M | ||
| Q3 25 | $86.9M | — | ||
| Q2 25 | $32.9M | $-8.3M | ||
| Q1 25 | $31.6M | — | ||
| Q4 24 | $16.5M | $-593.0K | ||
| Q3 24 | $81.5M | $-5.3M | ||
| Q2 24 | $38.7M | $-6.4M | ||
| Q1 24 | $45.0M | $-8.6M |
毛利率FORLE
| Q4 25 | 20.1% | 51.8% | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 20.4% | 50.8% | ||
| Q1 25 | 22.6% | — | ||
| Q4 24 | 22.0% | 50.6% | ||
| Q3 24 | 23.9% | 47.9% | ||
| Q2 24 | 22.5% | 48.7% | ||
| Q1 24 | 24.9% | 38.0% |
营业利润率FORLE
| Q4 25 | 7.6% | 5.3% | ||
| Q3 25 | 16.9% | — | ||
| Q2 25 | 11.2% | -0.9% | ||
| Q1 25 | 11.6% | — | ||
| Q4 24 | 8.7% | 2.9% | ||
| Q3 24 | 19.7% | 0.8% | ||
| Q2 24 | 16.2% | 0.8% | ||
| Q1 24 | 17.6% | 1.6% |
净利率FORLE
| Q4 25 | 5.6% | 1.6% | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 8.4% | -3.2% | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 6.6% | -0.2% | ||
| Q3 24 | 14.8% | -1.7% | ||
| Q2 24 | 12.2% | -2.3% | ||
| Q1 24 | 13.5% | -1.7% |
每股收益（稀释后）FORLE
| Q4 25 | $0.30 | $0.17 | ||
| Q3 25 | $1.70 | — | ||
| Q2 25 | $0.65 | $-0.27 | ||
| Q1 25 | $0.62 | — | ||
| Q4 24 | $0.32 | $-0.02 | ||
| Q3 24 | $1.59 | $-0.17 | ||
| Q2 24 | $0.76 | $-0.20 | ||
| Q1 24 | $0.89 | $-0.27 |
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 | $36.3M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $231.0M |
| 总资产 | $3.2B | $852.7M |
| 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FORLE
| Q4 25 | $211.7M | $36.3M | ||
| Q3 25 | $379.2M | — | ||
| Q2 25 | $189.2M | $18.1M | ||
| Q1 25 | $174.3M | — | ||
| Q4 24 | $132.0M | $30.4M | ||
| Q3 24 | $481.2M | $25.6M | ||
| Q2 24 | $359.2M | $27.4M | ||
| Q1 24 | $416.2M | $25.3M |
总债务FORLE
| Q4 25 | $793.2M | — | ||
| Q3 25 | $802.7M | — | ||
| Q2 25 | $872.8M | — | ||
| Q1 25 | $872.5M | — | ||
| Q4 24 | $806.8M | — | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | — | ||
| Q1 24 | $705.7M | — |
股东权益FORLE
| Q4 25 | $1.8B | $231.0M | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.7B | $230.1M | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | $223.6M | ||
| Q3 24 | $1.6B | $226.5M | ||
| Q2 24 | $1.5B | $234.6M | ||
| Q1 24 | $1.5B | $241.6M |
总资产FORLE
| Q4 25 | $3.2B | $852.7M | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $3.1B | $760.5M | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | $843.6M | ||
| Q3 24 | $2.8B | $802.5M | ||
| Q2 24 | $2.7B | $800.1M | ||
| Q1 24 | $2.6B | $811.5M |
负债/权益比FORLE
| 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× | — | ||
| 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 | $-15.7M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $-22.4M |
| 自由现金流率自由现金流/营收 | -57.5% | -7.1% |
| 资本支出强度资本支出/营收 | 0.0% | 2.1% |
| 现金转化率经营现金流/净利润 | -10.19× | -3.03× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $-55.0M |
8季度趋势，按日历期对齐
经营现金流FORLE
| Q4 25 | $-157.0M | $-15.7M | ||
| Q3 25 | $256.3M | — | ||
| Q2 25 | $15.8M | $-22.5M | ||
| Q1 25 | $-19.8M | — | ||
| Q4 24 | $-450.0M | $-17.1M | ||
| Q3 24 | $119.2M | $30.7M | ||
| Q2 24 | $-61.7M | $-25.8M | ||
| Q1 24 | $-59.2M | $93.9M |
自由现金流FORLE
| Q4 25 | $-157.1M | $-22.4M | ||
| Q3 25 | $255.6M | — | ||
| Q2 25 | $15.0M | $-30.7M | ||
| Q1 25 | $-20.5M | — | ||
| Q4 24 | — | $-27.8M | ||
| Q3 24 | $118.4M | $26.0M | ||
| Q2 24 | $-62.3M | $-32.6M | ||
| Q1 24 | $-59.8M | $87.5M |
自由现金流率FORLE
| Q4 25 | -57.5% | -7.1% | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 3.8% | -11.8% | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | 21.5% | 8.2% | ||
| Q2 24 | -19.6% | -11.4% | ||
| Q1 24 | -17.9% | 17.0% |
资本支出强度FORLE
| Q4 25 | 0.0% | 2.1% | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.2% | 3.2% | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.0% | 3.3% | ||
| Q3 24 | 0.1% | 1.5% | ||
| Q2 24 | 0.2% | 2.4% | ||
| Q1 24 | 0.2% | 1.2% |
现金转化率FORLE
| Q4 25 | -10.19× | -3.03× | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | — | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | — | ||
| Q1 24 | -1.32× | — |
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% |
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
