vs
Forestar Group Inc.（FOR）与Lemonade, Inc.（LMND）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Lemonade, Inc.的1.2倍（$273.0M vs $228.1M），Forestar Group Inc.净利率更高（5.6% vs -9.5%，领先15.2%），Lemonade, Inc.同比增速更快（53.3% vs 9.0%），Lemonade, Inc.自由现金流更多（$-25.9M vs $-157.1M），过去两年Lemonade, Inc.的营收复合增速更高（38.4% 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。
Lemonade, Inc.是一家总部位于美国纽约的保险公司，在美国市场提供租客险、房屋险、车险、宠物险及定期寿险，在德国、荷兰推出财产及责任保险，法国市场提供租客险，当前拥有约290万用户，采用人工智能及聊天机器人替代人工处理理赔申请。
FOR vs LMND — 直观对比
营收规模更大
FOR
是对方的1.2倍
$228.1M
营收增速更快
LMND
高出44.3%
9.0%
净利率更高
FOR
高出15.2%
-9.5%
自由现金流更多
LMND
多$131.2M
$-157.1M
两年增速更快
LMND
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $228.1M |
| 净利润 | $15.4M | $-21.7M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | -9.0% |
| 净利率 | 5.6% | -9.5% |
| 营收同比 | 9.0% | 53.3% |
| 净利润同比 | -6.7% | 27.7% |
| 每股收益（稀释后） | $0.30 | $-0.27 |
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FORLMND
| Q4 25 | $273.0M | $228.1M | ||
| Q3 25 | $670.5M | $194.5M | ||
| Q2 25 | $390.5M | $164.1M | ||
| Q1 25 | $351.0M | $151.2M | ||
| Q4 24 | $250.4M | $148.8M | ||
| Q3 24 | $551.3M | $136.6M | ||
| Q2 24 | $318.4M | $122.0M | ||
| Q1 24 | $333.8M | $119.1M |
净利润FORLMND
| Q4 25 | $15.4M | $-21.7M | ||
| Q3 25 | $86.9M | $-37.5M | ||
| Q2 25 | $32.9M | $-43.9M | ||
| Q1 25 | $31.6M | $-62.4M | ||
| Q4 24 | $16.5M | $-30.0M | ||
| Q3 24 | $81.5M | $-67.7M | ||
| Q2 24 | $38.7M | $-57.2M | ||
| Q1 24 | $45.0M | $-47.3M |
毛利率FORLMND
| 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FORLMND
| Q4 25 | 7.6% | -9.0% | ||
| Q3 25 | 16.9% | -18.7% | ||
| Q2 25 | 11.2% | -26.0% | ||
| Q1 25 | 11.6% | -40.6% | ||
| Q4 24 | 8.7% | -25.4% | ||
| Q3 24 | 19.7% | -48.2% | ||
| Q2 24 | 16.2% | -45.2% | ||
| Q1 24 | 17.6% | -38.0% |
净利率FORLMND
| Q4 25 | 5.6% | -9.5% | ||
| Q3 25 | 13.0% | -19.3% | ||
| Q2 25 | 8.4% | -26.8% | ||
| Q1 25 | 9.0% | -41.3% | ||
| Q4 24 | 6.6% | -20.2% | ||
| Q3 24 | 14.8% | -49.6% | ||
| Q2 24 | 12.2% | -46.9% | ||
| Q1 24 | 13.5% | -39.7% |
每股收益（稀释后）FORLMND
| Q4 25 | $0.30 | $-0.27 | ||
| Q3 25 | $1.70 | $-0.51 | ||
| Q2 25 | $0.65 | $-0.60 | ||
| Q1 25 | $0.62 | $-0.86 | ||
| Q4 24 | $0.32 | $-0.42 | ||
| Q3 24 | $1.59 | $-0.95 | ||
| Q2 24 | $0.76 | $-0.81 | ||
| Q1 24 | $0.89 | $-0.67 |
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 | $399.1M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $533.6M |
| 总资产 | $3.2B | $1.9B |
| 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FORLMND
| Q4 25 | $211.7M | $399.1M | ||
| Q3 25 | $379.2M | $369.4M | ||
| Q2 25 | $189.2M | $398.8M | ||
| Q1 25 | $174.3M | $329.7M | ||
| Q4 24 | $132.0M | $403.5M | ||
| Q3 24 | $481.2M | $360.9M | ||
| Q2 24 | $359.2M | $387.2M | ||
| Q1 24 | $416.2M | $300.8M |
总债务FORLMND
| 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FORLMND
| Q4 25 | $1.8B | $533.6M | ||
| Q3 25 | $1.8B | $516.2M | ||
| Q2 25 | $1.7B | $527.1M | ||
| Q1 25 | $1.6B | $545.5M | ||
| Q4 24 | $1.6B | $593.4M | ||
| Q3 24 | $1.6B | $593.0M | ||
| Q2 24 | $1.5B | $635.2M | ||
| Q1 24 | $1.5B | $676.4M |
总资产FORLMND
| Q4 25 | $3.2B | $1.9B | ||
| Q3 25 | $3.1B | $1.9B | ||
| Q2 25 | $3.1B | $1.9B | ||
| Q1 25 | $3.0B | $1.9B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $2.8B | $1.8B | ||
| Q2 24 | $2.7B | $1.7B | ||
| Q1 24 | $2.6B | $1.6B |
负债/权益比FORLMND
| 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 | $-16.5M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $-25.9M |
| 自由现金流率自由现金流/营收 | -57.5% | -11.4% |
| 资本支出强度资本支出/营收 | 0.0% | 4.1% |
| 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 | $-69.4M |
8季度趋势，按日历期对齐
经营现金流FORLMND
| Q4 25 | $-157.0M | $-16.5M | ||
| Q3 25 | $256.3M | $4.5M | ||
| Q2 25 | $15.8M | $5.5M | ||
| Q1 25 | $-19.8M | $-47.2M | ||
| Q4 24 | $-450.0M | $-11.4M | ||
| Q3 24 | $119.2M | $16.3M | ||
| Q2 24 | $-61.7M | $-11.7M | ||
| Q1 24 | $-59.2M | $-29.8M |
自由现金流FORLMND
| Q4 25 | $-157.1M | $-25.9M | ||
| Q3 25 | $255.6M | $2.6M | ||
| Q2 25 | $15.0M | $3.4M | ||
| Q1 25 | $-20.5M | $-49.5M | ||
| Q4 24 | — | $-20.8M | ||
| Q3 24 | $118.4M | $14.1M | ||
| Q2 24 | $-62.3M | $-13.2M | ||
| Q1 24 | $-59.8M | $-32.3M |
自由现金流率FORLMND
| Q4 25 | -57.5% | -11.4% | ||
| Q3 25 | 38.1% | 1.3% | ||
| Q2 25 | 3.8% | 2.1% | ||
| Q1 25 | -5.8% | -32.7% | ||
| Q4 24 | — | -14.0% | ||
| Q3 24 | 21.5% | 10.3% | ||
| Q2 24 | -19.6% | -10.8% | ||
| Q1 24 | -17.9% | -27.1% |
资本支出强度FORLMND
| Q4 25 | 0.0% | 4.1% | ||
| Q3 25 | 0.1% | 1.0% | ||
| Q2 25 | 0.2% | 1.3% | ||
| Q1 25 | 0.2% | 1.5% | ||
| Q4 24 | 0.0% | 6.3% | ||
| Q3 24 | 0.1% | 1.6% | ||
| Q2 24 | 0.2% | 1.2% | ||
| Q1 24 | 0.2% | 2.1% |
现金转化率FORLMND
| Q4 25 | -10.19× | — | ||
| 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% |
LMND
暂无分部数据
