vs
Forestar Group Inc.（FOR）与ONESPAWORLD HOLDINGS Ltd（OSW）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ONESPAWORLD HOLDINGS Ltd的1.1倍（$273.0M vs $242.1M），Forestar Group Inc.净利率更高（5.6% vs 5.0%，领先0.7%），ONESPAWORLD HOLDINGS Ltd同比增速更快（11.5% vs 9.0%），ONESPAWORLD HOLDINGS Ltd自由现金流更多（$14.9M vs $-157.1M），过去两年ONESPAWORLD HOLDINGS Ltd的营收复合增速更高（7.1% 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。
FOR vs OSW — 直观对比
营收规模更大
FOR
是对方的1.1倍
$242.1M
营收增速更快
OSW
高出2.4%
9.0%
净利率更高
FOR
高出0.7%
5.0%
自由现金流更多
OSW
多$172.0M
$-157.1M
两年增速更快
OSW
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $242.1M |
| 净利润 | $15.4M | $12.1M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 6.8% |
| 净利率 | 5.6% | 5.0% |
| 营收同比 | 9.0% | 11.5% |
| 净利润同比 | -6.7% | -16.2% |
| 每股收益（稀释后） | $0.30 | $0.12 |
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FOROSW
| Q4 25 | $273.0M | $242.1M | ||
| Q3 25 | $670.5M | $258.5M | ||
| Q2 25 | $390.5M | $240.7M | ||
| Q1 25 | $351.0M | $219.6M | ||
| Q4 24 | $250.4M | $217.2M | ||
| Q3 24 | $551.3M | $241.7M | ||
| Q2 24 | $318.4M | $224.9M | ||
| Q1 24 | $333.8M | $211.2M |
净利润FOROSW
| Q4 25 | $15.4M | $12.1M | ||
| Q3 25 | $86.9M | $24.3M | ||
| Q2 25 | $32.9M | $19.9M | ||
| Q1 25 | $31.6M | $15.3M | ||
| Q4 24 | $16.5M | $14.4M | ||
| Q3 24 | $81.5M | $21.6M | ||
| Q2 24 | $38.7M | $15.8M | ||
| Q1 24 | $45.0M | $21.2M |
毛利率FOROSW
| 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FOROSW
| Q4 25 | 7.6% | 6.8% | ||
| Q3 25 | 16.9% | 10.2% | ||
| Q2 25 | 11.2% | 9.2% | ||
| Q1 25 | 11.6% | 7.7% | ||
| Q4 24 | 8.7% | 7.9% | ||
| Q3 24 | 19.7% | 10.3% | ||
| Q2 24 | 16.2% | 8.4% | ||
| Q1 24 | 17.6% | 8.0% |
净利率FOROSW
| Q4 25 | 5.6% | 5.0% | ||
| Q3 25 | 13.0% | 9.4% | ||
| Q2 25 | 8.4% | 8.3% | ||
| Q1 25 | 9.0% | 7.0% | ||
| Q4 24 | 6.6% | 6.6% | ||
| Q3 24 | 14.8% | 8.9% | ||
| Q2 24 | 12.2% | 7.0% | ||
| Q1 24 | 13.5% | 10.0% |
每股收益（稀释后）FOROSW
| Q4 25 | $0.30 | $0.12 | ||
| Q3 25 | $1.70 | $0.23 | ||
| Q2 25 | $0.65 | $0.19 | ||
| Q1 25 | $0.62 | $0.15 | ||
| Q4 24 | $0.32 | $0.13 | ||
| Q3 24 | $1.59 | $0.20 | ||
| Q2 24 | $0.76 | $0.15 | ||
| Q1 24 | $0.89 | $0.21 |
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 | $16.3M |
| 总债务越低越好 | $793.2M | $84.0M |
| 股东权益账面价值 | $1.8B | $542.6M |
| 总资产 | $3.2B | $707.1M |
| 负债/权益比越低杠杆越低 | 0.44× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资FOROSW
| Q4 25 | $211.7M | $16.3M | ||
| Q3 25 | $379.2M | $29.6M | ||
| Q2 25 | $189.2M | $35.0M | ||
| Q1 25 | $174.3M | $22.6M | ||
| Q4 24 | $132.0M | $57.4M | ||
| Q3 24 | $481.2M | $48.8M | ||
| Q2 24 | $359.2M | $62.5M | ||
| Q1 24 | $416.2M | $65.4M |
总债务FOROSW
| Q4 25 | $793.2M | $84.0M | ||
| Q3 25 | $802.7M | $85.2M | ||
| Q2 25 | $872.8M | $96.2M | ||
| Q1 25 | $872.5M | $97.4M | ||
| Q4 24 | $806.8M | $98.6M | ||
| Q3 24 | $706.4M | $98.7M | ||
| Q2 24 | $706.1M | $123.8M | ||
| Q1 24 | $705.7M | $138.6M |
股东权益FOROSW
| Q4 25 | $1.8B | $542.6M | ||
| Q3 25 | $1.8B | $552.8M | ||
| Q2 25 | $1.7B | $548.3M | ||
| Q1 25 | $1.6B | $530.6M | ||
| Q4 24 | $1.6B | $554.5M | ||
| Q3 24 | $1.6B | $540.1M | ||
| Q2 24 | $1.5B | $532.7M | ||
| Q1 24 | $1.5B | $515.5M |
总资产FOROSW
| Q4 25 | $3.2B | $707.1M | ||
| Q3 25 | $3.1B | $732.6M | ||
| Q2 25 | $3.1B | $731.8M | ||
| Q1 25 | $3.0B | $708.7M | ||
| Q4 24 | $3.0B | $746.4M | ||
| Q3 24 | $2.8B | $734.0M | ||
| Q2 24 | $2.7B | $756.8M | ||
| Q1 24 | $2.6B | $763.6M |
负债/权益比FOROSW
| Q4 25 | 0.44× | 0.15× | ||
| Q3 25 | 0.45× | 0.15× | ||
| Q2 25 | 0.52× | 0.18× | ||
| Q1 25 | 0.53× | 0.18× | ||
| Q4 24 | 0.50× | 0.18× | ||
| Q3 24 | 0.44× | 0.18× | ||
| Q2 24 | 0.47× | 0.23× | ||
| Q1 24 | 0.48× | 0.27× |
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 | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $14.9M |
| 自由现金流率自由现金流/营收 | -57.5% | 6.2% |
| 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× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $68.4M |
8季度趋势，按日历期对齐
经营现金流FOROSW
| Q4 25 | $-157.0M | $20.0M | ||
| Q3 25 | $256.3M | $33.2M | ||
| Q2 25 | $15.8M | $20.3M | ||
| Q1 25 | $-19.8M | $10.1M | ||
| Q4 24 | $-450.0M | $16.6M | ||
| Q3 24 | $119.2M | $28.6M | ||
| Q2 24 | $-61.7M | $18.7M | ||
| Q1 24 | $-59.2M | $15.0M |
自由现金流FOROSW
| Q4 25 | $-157.1M | $14.9M | ||
| Q3 25 | $255.6M | $27.6M | ||
| Q2 25 | $15.0M | $17.6M | ||
| Q1 25 | $-20.5M | $8.4M | ||
| Q4 24 | — | $13.2M | ||
| Q3 24 | $118.4M | $27.5M | ||
| Q2 24 | $-62.3M | $17.6M | ||
| Q1 24 | $-59.8M | $13.7M |
自由现金流率FOROSW
| Q4 25 | -57.5% | 6.2% | ||
| Q3 25 | 38.1% | 10.7% | ||
| Q2 25 | 3.8% | 7.3% | ||
| Q1 25 | -5.8% | 3.8% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | 21.5% | 11.4% | ||
| Q2 24 | -19.6% | 7.8% | ||
| Q1 24 | -17.9% | 6.5% |
资本支出强度FOROSW
| Q4 25 | 0.0% | 2.1% | ||
| Q3 25 | 0.1% | 2.2% | ||
| Q2 25 | 0.2% | 1.1% | ||
| Q1 25 | 0.2% | 0.8% | ||
| Q4 24 | 0.0% | 1.5% | ||
| Q3 24 | 0.1% | 0.5% | ||
| Q2 24 | 0.2% | 0.5% | ||
| Q1 24 | 0.2% | 0.6% |
现金转化率FOROSW
| Q4 25 | -10.19× | 1.65× | ||
| Q3 25 | 2.95× | 1.36× | ||
| Q2 25 | 0.48× | 1.02× | ||
| Q1 25 | -0.63× | 0.66× | ||
| Q4 24 | -27.27× | 1.15× | ||
| Q3 24 | 1.46× | 1.33× | ||
| Q2 24 | -1.59× | 1.19× | ||
| Q1 24 | -1.32× | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
