vs
Forestar Group Inc.（FOR）与Quanex Building Products CORP（NX）财务数据对比。点击上方公司名可切换其他公司
Quanex Building Products CORP的季度营收约是Forestar Group Inc.的1.8倍（$495.3M vs $273.0M），Forestar Group Inc.净利率更高（5.6% vs -55.7%，领先61.4%），Quanex Building Products CORP同比增速更快（76.7% vs 9.0%），Quanex Building Products CORP自由现金流更多（$46.2M vs $-157.1M），过去两年Quanex Building Products CORP的营收复合增速更高（29.5% 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。
Quanex Building Products是一家工程建筑组件及材料制造商，核心产品包括中空玻璃间隔条、门窗系统、橱柜及家具部件，服务北美、欧洲的住宅及商业建筑市场，主打节能可持续的建筑解决方案。
FOR vs NX — 直观对比
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $495.3M |
| 净利润 | $15.4M | $-276.0M |
| 毛利率 | 20.1% | 27.9% |
| 营业利润率 | 7.6% | -54.7% |
| 净利率 | 5.6% | -55.7% |
| 营收同比 | 9.0% | 76.7% |
| 净利润同比 | -6.7% | -1188.8% |
| 每股收益（稀释后） | $0.30 | $-6.04 |
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 | — | ||
| Q3 25 | $670.5M | $495.3M | ||
| Q2 25 | $390.5M | $452.5M | ||
| Q1 25 | $351.0M | $400.0M | ||
| Q4 24 | $250.4M | $492.2M | ||
| Q3 24 | $551.3M | $280.3M | ||
| Q2 24 | $318.4M | $266.2M | ||
| Q1 24 | $333.8M | $239.2M |
| Q4 25 | $15.4M | — | ||
| Q3 25 | $86.9M | $-276.0M | ||
| Q2 25 | $32.9M | $20.5M | ||
| Q1 25 | $31.6M | $-14.9M | ||
| Q4 24 | $16.5M | $-13.9M | ||
| Q3 24 | $81.5M | $25.4M | ||
| Q2 24 | $38.7M | $15.4M | ||
| Q1 24 | $45.0M | $6.2M |
| Q4 25 | 20.1% | — | ||
| Q3 25 | 22.3% | 27.9% | ||
| Q2 25 | 20.4% | 29.0% | ||
| Q1 25 | 22.6% | 23.1% | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 23.9% | 25.3% | ||
| Q2 24 | 22.5% | 24.9% | ||
| Q1 24 | 24.9% | 21.5% |
| Q4 25 | 7.6% | — | ||
| Q3 25 | 16.9% | -54.7% | ||
| Q2 25 | 11.2% | 9.0% | ||
| Q1 25 | 11.6% | -1.7% | ||
| Q4 24 | 8.7% | 0.6% | ||
| Q3 24 | 19.7% | 8.4% | ||
| Q2 24 | 16.2% | 7.8% | ||
| Q1 24 | 17.6% | 3.3% |
| Q4 25 | 5.6% | — | ||
| Q3 25 | 13.0% | -55.7% | ||
| Q2 25 | 8.4% | 4.5% | ||
| Q1 25 | 9.0% | -3.7% | ||
| Q4 24 | 6.6% | -2.8% | ||
| Q3 24 | 14.8% | 9.0% | ||
| Q2 24 | 12.2% | 5.8% | ||
| Q1 24 | 13.5% | 2.6% |
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.70 | $-6.04 | ||
| Q2 25 | $0.65 | $0.44 | ||
| Q1 25 | $0.62 | $-0.32 | ||
| Q4 24 | $0.32 | $-0.52 | ||
| Q3 24 | $1.59 | $0.77 | ||
| Q2 24 | $0.76 | $0.46 | ||
| Q1 24 | $0.89 | $0.19 |
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 | $66.3M |
| 总债务越低越好 | $793.2M | $695.6M |
| 股东权益账面价值 | $1.8B | $717.4M |
| 总资产 | $3.2B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.97× |
8季度趋势，按日历期对齐
| Q4 25 | $211.7M | — | ||
| Q3 25 | $379.2M | $66.3M | ||
| Q2 25 | $189.2M | $62.6M | ||
| Q1 25 | $174.3M | $50.0M | ||
| Q4 24 | $132.0M | $97.7M | ||
| Q3 24 | $481.2M | $94.0M | ||
| Q2 24 | $359.2M | $56.1M | ||
| Q1 24 | $416.2M | $44.4M |
| Q4 25 | $793.2M | — | ||
| Q3 25 | $802.7M | $695.6M | ||
| Q2 25 | $872.8M | $746.4M | ||
| Q1 25 | $872.5M | $725.2M | ||
| Q4 24 | $806.8M | $737.2M | ||
| Q3 24 | $706.4M | $51.4M | ||
| Q2 24 | $706.1M | $51.5M | ||
| Q1 24 | $705.7M | $61.6M |
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | $717.4M | ||
| Q2 25 | $1.7B | $1.0B | ||
| Q1 25 | $1.6B | $972.1M | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.6B | $594.1M | ||
| Q2 24 | $1.5B | $566.1M | ||
| Q1 24 | $1.5B | $555.0M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $2.0B | ||
| Q2 25 | $3.1B | $2.3B | ||
| Q1 25 | $3.0B | $2.2B | ||
| Q4 24 | $3.0B | $2.3B | ||
| Q3 24 | $2.8B | $872.5M | ||
| Q2 24 | $2.7B | $837.2M | ||
| Q1 24 | $2.6B | $813.4M |
| Q4 25 | 0.44× | — | ||
| Q3 25 | 0.45× | 0.97× | ||
| Q2 25 | 0.52× | 0.75× | ||
| Q1 25 | 0.53× | 0.75× | ||
| Q4 24 | 0.50× | 0.73× | ||
| Q3 24 | 0.44× | 0.09× | ||
| Q2 24 | 0.47× | 0.09× | ||
| Q1 24 | 0.48× | 0.11× |
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 | $60.7M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $46.2M |
| 自由现金流率自由现金流/营收 | -57.5% | 9.3% |
| 资本支出强度资本支出/营收 | 0.0% | 2.9% |
| 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 | $27.5M |
8季度趋势，按日历期对齐
| Q4 25 | $-157.0M | — | ||
| Q3 25 | $256.3M | $60.7M | ||
| Q2 25 | $15.8M | $28.5M | ||
| Q1 25 | $-19.8M | $-12.5M | ||
| Q4 24 | $-450.0M | $5.5M | ||
| Q3 24 | $119.2M | $46.4M | ||
| Q2 24 | $-61.7M | $33.1M | ||
| Q1 24 | $-59.2M | $3.9M |
| Q4 25 | $-157.1M | — | ||
| Q3 25 | $255.6M | $46.2M | ||
| Q2 25 | $15.0M | $13.6M | ||
| Q1 25 | $-20.5M | $-24.1M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | $118.4M | $40.1M | ||
| Q2 24 | $-62.3M | $25.5M | ||
| Q1 24 | $-59.8M | $-5.7M |
| Q4 25 | -57.5% | — | ||
| Q3 25 | 38.1% | 9.3% | ||
| Q2 25 | 3.8% | 3.0% | ||
| Q1 25 | -5.8% | -6.0% | ||
| Q4 24 | — | -1.7% | ||
| Q3 24 | 21.5% | 14.3% | ||
| Q2 24 | -19.6% | 9.6% | ||
| Q1 24 | -17.9% | -2.4% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | 2.9% | ||
| Q2 25 | 0.2% | 3.3% | ||
| Q1 25 | 0.2% | 2.9% | ||
| Q4 24 | 0.0% | 2.8% | ||
| Q3 24 | 0.1% | 2.2% | ||
| Q2 24 | 0.2% | 2.9% | ||
| Q1 24 | 0.2% | 4.0% |
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 0.48× | 1.39× | ||
| Q1 25 | -0.63× | — | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | 1.83× | ||
| Q2 24 | -1.59× | 2.15× | ||
| Q1 24 | -1.32× | 0.62× |
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% |
NX
| Window And Door Hardware | $150.3M | 30% |
| Screens | $76.8M | 16% |
| Window Profiles | $68.2M | 14% |
| Spacers | $54.7M | 11% |
| Wood Solutions | $53.4M | 11% |
| Seals And Gaskets | $29.9M | 6% |
| Access Solutions | $27.4M | 6% |
| Mixing Solution | $21.5M | 4% |
| Solar | $5.3M | 1% |
| Product Type Other | $3.3M | 1% |
