vs
Forestar Group Inc.（FOR）与LINDSAY CORP（LNN）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LINDSAY CORP的1.8倍（$273.0M vs $150.7M），LINDSAY CORP净利率更高（11.0% vs 5.6%，领先5.3%），Forestar Group Inc.同比增速更快（9.0% vs -6.1%），LINDSAY CORP自由现金流更多（$-15.1M vs $-157.1M），过去两年LINDSAY CORP的营收复合增速更高（1.3% 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。
林赛公司总部位于美国内布拉斯加州奥马哈市，原名林赛制造公司，核心产品为旗下Zimmatic品牌中心枢轴灌溉系统，此外还生产农业机械、工程机械，以及公路与铁路基础设施设备。
FOR vs LNN — 直观对比
营收规模更大
FOR
是对方的1.8倍
$150.7M
营收增速更快
FOR
高出15.2%
-6.1%
净利率更高
LNN
高出5.3%
5.6%
自由现金流更多
LNN
多$142.0M
$-157.1M
两年增速更快
LNN
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $150.7M |
| 净利润 | $15.4M | $16.5M |
| 毛利率 | 20.1% | 33.3% |
| 营业利润率 | 7.6% | 13.0% |
| 净利率 | 5.6% | 11.0% |
| 营收同比 | 9.0% | -6.1% |
| 净利润同比 | -6.7% | -3.7% |
| 每股收益（稀释后） | $0.30 | $1.54 |
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FORLNN
| Q4 25 | $273.0M | $150.7M | ||
| Q3 25 | $670.5M | $149.0M | ||
| Q2 25 | $390.5M | $165.7M | ||
| Q1 25 | $351.0M | $183.8M | ||
| Q4 24 | $250.4M | $160.5M | ||
| Q3 24 | $551.3M | $149.4M | ||
| Q2 24 | $318.4M | $133.7M | ||
| Q1 24 | $333.8M | $146.8M |
净利润FORLNN
| Q4 25 | $15.4M | $16.5M | ||
| Q3 25 | $86.9M | $10.8M | ||
| Q2 25 | $32.9M | $19.5M | ||
| Q1 25 | $31.6M | $26.6M | ||
| Q4 24 | $16.5M | $17.2M | ||
| Q3 24 | $81.5M | $12.7M | ||
| Q2 24 | $38.7M | $20.4M | ||
| Q1 24 | $45.0M | $18.1M |
毛利率FORLNN
| Q4 25 | 20.1% | 33.3% | ||
| Q3 25 | 22.3% | 30.0% | ||
| Q2 25 | 20.4% | 32.4% | ||
| Q1 25 | 22.6% | 34.0% | ||
| Q4 24 | 22.0% | 31.1% | ||
| Q3 24 | 23.9% | 30.6% | ||
| Q2 24 | 22.5% | 34.8% | ||
| Q1 24 | 24.9% | 33.3% |
营业利润率FORLNN
| Q4 25 | 7.6% | 13.0% | ||
| Q3 25 | 16.9% | 7.6% | ||
| Q2 25 | 11.2% | 14.4% | ||
| Q1 25 | 11.6% | 17.5% | ||
| Q4 24 | 8.7% | 13.0% | ||
| Q3 24 | 19.7% | 9.0% | ||
| Q2 24 | 16.2% | 14.9% | ||
| Q1 24 | 17.6% | 15.1% |
净利率FORLNN
| Q4 25 | 5.6% | 11.0% | ||
| Q3 25 | 13.0% | 7.3% | ||
| Q2 25 | 8.4% | 11.8% | ||
| Q1 25 | 9.0% | 14.5% | ||
| Q4 24 | 6.6% | 10.7% | ||
| Q3 24 | 14.8% | 8.5% | ||
| Q2 24 | 12.2% | 15.2% | ||
| Q1 24 | 13.5% | 12.3% |
每股收益（稀释后）FORLNN
| Q4 25 | $0.30 | $1.54 | ||
| Q3 25 | $1.70 | $0.99 | ||
| Q2 25 | $0.65 | $1.78 | ||
| Q1 25 | $0.62 | $2.44 | ||
| Q4 24 | $0.32 | $1.57 | ||
| Q3 24 | $1.59 | $1.16 | ||
| Q2 24 | $0.76 | $1.85 | ||
| Q1 24 | $0.89 | $1.64 |
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 | $199.6M |
| 总债务越低越好 | $793.2M | $115.2M |
| 股东权益账面价值 | $1.8B | $518.2M |
| 总资产 | $3.2B | $828.4M |
| 负债/权益比越低杠杆越低 | 0.44× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资FORLNN
| Q4 25 | $211.7M | $199.6M | ||
| Q3 25 | $379.2M | $250.6M | ||
| Q2 25 | $189.2M | $210.8M | ||
| Q1 25 | $174.3M | $186.7M | ||
| Q4 24 | $132.0M | $194.1M | ||
| Q3 24 | $481.2M | $190.9M | ||
| Q2 24 | $359.2M | $152.7M | ||
| Q1 24 | $416.2M | $150.6M |
总债务FORLNN
| Q4 25 | $793.2M | $115.2M | ||
| Q3 25 | $802.7M | $115.3M | ||
| Q2 25 | $872.8M | $115.3M | ||
| Q1 25 | $872.5M | $115.4M | ||
| Q4 24 | $806.8M | $115.4M | ||
| Q3 24 | $706.4M | $115.5M | ||
| Q2 24 | $706.1M | $115.5M | ||
| Q1 24 | $705.7M | $115.6M |
股东权益FORLNN
| Q4 25 | $1.8B | $518.2M | ||
| Q3 25 | $1.8B | $532.9M | ||
| Q2 25 | $1.7B | $528.8M | ||
| Q1 25 | $1.6B | $516.4M | ||
| Q4 24 | $1.6B | $488.5M | ||
| Q3 24 | $1.6B | $480.9M | ||
| Q2 24 | $1.5B | $480.0M | ||
| Q1 24 | $1.5B | $483.0M |
总资产FORLNN
| Q4 25 | $3.2B | $828.4M | ||
| Q3 25 | $3.1B | $840.8M | ||
| Q2 25 | $3.1B | $840.9M | ||
| Q1 25 | $3.0B | $814.2M | ||
| Q4 24 | $3.0B | $771.0M | ||
| Q3 24 | $2.8B | $760.2M | ||
| Q2 24 | $2.7B | $758.1M | ||
| Q1 24 | $2.6B | $765.3M |
负债/权益比FORLNN
| Q4 25 | 0.44× | 0.22× | ||
| Q3 25 | 0.45× | 0.22× | ||
| Q2 25 | 0.52× | 0.22× | ||
| Q1 25 | 0.53× | 0.22× | ||
| Q4 24 | 0.50× | 0.24× | ||
| Q3 24 | 0.44× | 0.24× | ||
| Q2 24 | 0.47× | 0.24× | ||
| Q1 24 | 0.48× | 0.24× |
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 | $-597.0K |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $-15.1M |
| 自由现金流率自由现金流/营收 | -57.5% | -10.0% |
| 资本支出强度资本支出/营收 | 0.0% | 9.6% |
| 现金转化率经营现金流/净利润 | -10.19× | -0.04× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $62.9M |
8季度趋势，按日历期对齐
经营现金流FORLNN
| Q4 25 | $-157.0M | $-597.0K | ||
| Q3 25 | $256.3M | $64.0M | ||
| Q2 25 | $15.8M | $35.0M | ||
| Q1 25 | $-19.8M | $12.3M | ||
| Q4 24 | $-450.0M | $21.6M | ||
| Q3 24 | $119.2M | $53.1M | ||
| Q2 24 | $-61.7M | $30.5M | ||
| Q1 24 | $-59.2M | $-9.7M |
自由现金流FORLNN
| Q4 25 | $-157.1M | $-15.1M | ||
| Q3 25 | $255.6M | $49.8M | ||
| Q2 25 | $15.0M | $25.7M | ||
| Q1 25 | $-20.5M | $2.5M | ||
| Q4 24 | — | $12.5M | ||
| Q3 24 | $118.4M | $47.7M | ||
| Q2 24 | $-62.3M | $25.8M | ||
| Q1 24 | $-59.8M | $-21.6M |
自由现金流率FORLNN
| Q4 25 | -57.5% | -10.0% | ||
| Q3 25 | 38.1% | 33.4% | ||
| Q2 25 | 3.8% | 15.5% | ||
| Q1 25 | -5.8% | 1.4% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 21.5% | 31.9% | ||
| Q2 24 | -19.6% | 19.3% | ||
| Q1 24 | -17.9% | -14.7% |
资本支出强度FORLNN
| Q4 25 | 0.0% | 9.6% | ||
| Q3 25 | 0.1% | 9.6% | ||
| Q2 25 | 0.2% | 5.6% | ||
| Q1 25 | 0.2% | 5.3% | ||
| Q4 24 | 0.0% | 5.7% | ||
| Q3 24 | 0.1% | 3.6% | ||
| Q2 24 | 0.2% | 3.6% | ||
| Q1 24 | 0.2% | 8.1% |
现金转化率FORLNN
| Q4 25 | -10.19× | -0.04× | ||
| Q3 25 | 2.95× | 5.92× | ||
| Q2 25 | 0.48× | 1.79× | ||
| Q1 25 | -0.63× | 0.46× | ||
| Q4 24 | -27.27× | 1.26× | ||
| Q3 24 | 1.46× | 4.17× | ||
| Q2 24 | -1.59× | 1.50× | ||
| Q1 24 | -1.32× | -0.54× |
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% |
LNN
| Transferred At Point In Time | $133.2M | 88% |
| Infrastructure | $13.4M | 9% |
| Transferred Over Time | $8.0M | 5% |
