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Forestar Group Inc.（FOR）与LINDBLAD EXPEDITIONS HOLDINGS, INC.（LIND）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LINDBLAD EXPEDITIONS HOLDINGS, INC.的1.5倍（$273.0M vs $183.2M），Forestar Group Inc.净利率更高（5.6% vs -12.9%，领先18.5%），LINDBLAD EXPEDITIONS HOLDINGS, INC.同比增速更快（23.3% vs 9.0%），LINDBLAD EXPEDITIONS HOLDINGS, INC.自由现金流更多（$3.5M vs $-157.1M），过去两年LINDBLAD EXPEDITIONS HOLDINGS, 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。
林德布拉德探险控股是一家专业探险旅行企业，总部位于美国纽约。目前公司运营15艘探险邮轮，载客量从28人到150人不等，可为旅行者提供覆盖全球七大洲目的地的探险邮轮旅程。
FOR vs LIND — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $183.2M |
| 净利润 | $15.4M | $-23.6M |
| 毛利率 | 20.1% | 40.3% |
| 营业利润率 | 7.6% | -3.0% |
| 净利率 | 5.6% | -12.9% |
| 营收同比 | 9.0% | 23.3% |
| 净利润同比 | -6.7% | 6.0% |
| 每股收益（稀释后） | $0.30 | $-0.45 |
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
| Q4 25 | $273.0M | $183.2M | ||
| Q3 25 | $670.5M | $240.2M | ||
| Q2 25 | $390.5M | $167.9M | ||
| Q1 25 | $351.0M | $179.7M | ||
| Q4 24 | $250.4M | $148.6M | ||
| Q3 24 | $551.3M | $206.0M | ||
| Q2 24 | $318.4M | $136.5M | ||
| Q1 24 | $333.8M | $153.6M |
| Q4 25 | $15.4M | $-23.6M | ||
| Q3 25 | $86.9M | $1.2M | ||
| Q2 25 | $32.9M | $-8.5M | ||
| Q1 25 | $31.6M | $1.2M | ||
| Q4 24 | $16.5M | $-25.0M | ||
| Q3 24 | $81.5M | $22.5M | ||
| Q2 24 | $38.7M | $-24.7M | ||
| Q1 24 | $45.0M | $-4.0M |
| Q4 25 | 20.1% | 40.3% | ||
| Q3 25 | 22.3% | 48.2% | ||
| Q2 25 | 20.4% | 45.6% | ||
| Q1 25 | 22.6% | 48.3% | ||
| Q4 24 | 22.0% | 42.5% | ||
| Q3 24 | 23.9% | 46.7% | ||
| Q2 24 | 22.5% | 39.2% | ||
| Q1 24 | 24.9% | 45.0% |
| Q4 25 | 7.6% | -3.0% | ||
| Q3 25 | 16.9% | 15.0% | ||
| Q2 25 | 11.2% | 2.6% | ||
| Q1 25 | 11.6% | 5.9% | ||
| Q4 24 | 8.7% | -5.1% | ||
| Q3 24 | 19.7% | 14.3% | ||
| Q2 24 | 16.2% | -6.0% | ||
| Q1 24 | 17.6% | 5.1% |
| Q4 25 | 5.6% | -12.9% | ||
| Q3 25 | 13.0% | 0.5% | ||
| Q2 25 | 8.4% | -5.1% | ||
| Q1 25 | 9.0% | 0.6% | ||
| Q4 24 | 6.6% | -16.9% | ||
| Q3 24 | 14.8% | 10.9% | ||
| Q2 24 | 12.2% | -18.1% | ||
| Q1 24 | 13.5% | -2.6% |
| Q4 25 | $0.30 | $-0.45 | ||
| Q3 25 | $1.70 | $0.00 | ||
| Q2 25 | $0.65 | $-0.18 | ||
| Q1 25 | $0.62 | $0.00 | ||
| Q4 24 | $0.32 | $-0.45 | ||
| Q3 24 | $1.59 | $0.36 | ||
| Q2 24 | $0.76 | $-0.48 | ||
| Q1 24 | $0.89 | $-0.10 |
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 | $256.7M |
| 总债务越低越好 | $793.2M | $662.7M |
| 股东权益账面价值 | $1.8B | $-284.5M |
| 总资产 | $3.2B | $980.0M |
| 负债/权益比越低杠杆越低 | 0.44× | — |
8季度趋势，按日历期对齐
| Q4 25 | $211.7M | $256.7M | ||
| Q3 25 | $379.2M | $261.8M | ||
| Q2 25 | $189.2M | $200.9M | ||
| Q1 25 | $174.3M | $188.9M | ||
| Q4 24 | $132.0M | $183.9M | ||
| Q3 24 | $481.2M | $193.9M | ||
| Q2 24 | $359.2M | $168.1M | ||
| Q1 24 | $416.2M | $177.7M |
| Q4 25 | $793.2M | $662.7M | ||
| Q3 25 | $802.7M | $663.5M | ||
| Q2 25 | $872.8M | $627.3M | ||
| Q1 25 | $872.5M | $626.4M | ||
| Q4 24 | $806.8M | $625.5M | ||
| Q3 24 | $706.4M | $624.5M | ||
| Q2 24 | $706.1M | $623.6M | ||
| Q1 24 | $705.7M | $622.7M |
| Q4 25 | $1.8B | $-284.5M | ||
| Q3 25 | $1.8B | $-256.6M | ||
| Q2 25 | $1.7B | $-263.8M | ||
| Q1 25 | $1.6B | $-252.2M | ||
| Q4 24 | $1.6B | $-253.1M | ||
| Q3 24 | $1.6B | $-226.9M | ||
| Q2 24 | $1.5B | $-255.5M | ||
| Q1 24 | $1.5B | $-227.4M |
| Q4 25 | $3.2B | $980.0M | ||
| Q3 25 | $3.1B | $976.5M | ||
| Q2 25 | $3.1B | $936.5M | ||
| Q1 25 | $3.0B | $908.8M | ||
| Q4 24 | $3.0B | $876.9M | ||
| Q3 24 | $2.8B | $889.8M | ||
| Q2 24 | $2.7B | $858.3M | ||
| Q1 24 | $2.6B | $868.0M |
| 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 | $14.4M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $3.5M |
| 自由现金流率自由现金流/营收 | -57.5% | 1.9% |
| 资本支出强度资本支出/营收 | 0.0% | 6.0% |
| 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 | $63.8M |
8季度趋势，按日历期对齐
| Q4 25 | $-157.0M | $14.4M | ||
| Q3 25 | $256.3M | $19.5M | ||
| Q2 25 | $15.8M | $29.2M | ||
| Q1 25 | $-19.8M | $48.4M | ||
| Q4 24 | $-450.0M | $1.7M | ||
| Q3 24 | $119.2M | $28.1M | ||
| Q2 24 | $-61.7M | $18.6M | ||
| Q1 24 | $-59.2M | $43.9M |
| Q4 25 | $-157.1M | $3.5M | ||
| Q3 25 | $255.6M | $11.9M | ||
| Q2 25 | $15.0M | $13.5M | ||
| Q1 25 | $-20.5M | $35.0M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | $118.4M | $18.4M | ||
| Q2 24 | $-62.3M | $11.2M | ||
| Q1 24 | $-59.8M | $37.4M |
| Q4 25 | -57.5% | 1.9% | ||
| Q3 25 | 38.1% | 5.0% | ||
| Q2 25 | 3.8% | 8.0% | ||
| Q1 25 | -5.8% | 19.5% | ||
| Q4 24 | — | -5.5% | ||
| Q3 24 | 21.5% | 8.9% | ||
| Q2 24 | -19.6% | 8.2% | ||
| Q1 24 | -17.9% | 24.4% |
| Q4 25 | 0.0% | 6.0% | ||
| Q3 25 | 0.1% | 3.2% | ||
| Q2 25 | 0.2% | 9.4% | ||
| Q1 25 | 0.2% | 7.5% | ||
| Q4 24 | 0.0% | 6.6% | ||
| Q3 24 | 0.1% | 4.7% | ||
| Q2 24 | 0.2% | 5.4% | ||
| Q1 24 | 0.2% | 4.2% |
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | 16.41× | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | 41.69× | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | 1.25× | ||
| 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% |
LIND
| Guest Ticket | $96.5M | 53% |
| Landexperience | $67.3M | 37% |
| Other Tour | $19.4M | 11% |
