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Forestar Group Inc.（FOR）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
UiPath, Inc.的季度营收约是Forestar Group Inc.的1.5倍（$411.1M vs $273.0M），UiPath, Inc.净利率更高（48.4% vs 5.6%，领先42.7%），UiPath, Inc.同比增速更快（15.9% vs 9.0%），UiPath, Inc.自由现金流更多（$25.1M vs $-157.1M），过去两年UiPath, Inc.的营收复合增速更高（0.7% 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。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
FOR vs PATH — 直观对比
营收规模更大
PATH
是对方的1.5倍
$273.0M
营收增速更快
PATH
高出6.9%
9.0%
净利率更高
PATH
高出42.7%
5.6%
自由现金流更多
PATH
多$182.2M
$-157.1M
两年增速更快
PATH
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $411.1M |
| 净利润 | $15.4M | $198.8M |
| 毛利率 | 20.1% | 83.3% |
| 营业利润率 | 7.6% | 3.2% |
| 净利率 | 5.6% | 48.4% |
| 营收同比 | 9.0% | 15.9% |
| 净利润同比 | -6.7% | 1966.2% |
| 每股收益（稀释后） | $0.30 | $0.37 |
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FORPATH
| Q4 25 | $273.0M | $411.1M | ||
| Q3 25 | $670.5M | $361.7M | ||
| Q2 25 | $390.5M | $356.6M | ||
| Q1 25 | $351.0M | $423.6M | ||
| Q4 24 | $250.4M | $354.7M | ||
| Q3 24 | $551.3M | $316.3M | ||
| Q2 24 | $318.4M | $335.1M | ||
| Q1 24 | $333.8M | $405.3M |
净利润FORPATH
| Q4 25 | $15.4M | $198.8M | ||
| Q3 25 | $86.9M | $1.6M | ||
| Q2 25 | $32.9M | $-22.6M | ||
| Q1 25 | $31.6M | $51.8M | ||
| Q4 24 | $16.5M | $-10.7M | ||
| Q3 24 | $81.5M | $-86.1M | ||
| Q2 24 | $38.7M | $-28.7M | ||
| Q1 24 | $45.0M | $33.9M |
毛利率FORPATH
| Q4 25 | 20.1% | 83.3% | ||
| Q3 25 | 22.3% | 82.2% | ||
| Q2 25 | 20.4% | 82.1% | ||
| Q1 25 | 22.6% | 84.8% | ||
| Q4 24 | 22.0% | 82.0% | ||
| Q3 24 | 23.9% | 80.0% | ||
| Q2 24 | 22.5% | 83.5% | ||
| Q1 24 | 24.9% | 86.8% |
营业利润率FORPATH
| Q4 25 | 7.6% | 3.2% | ||
| Q3 25 | 16.9% | -5.6% | ||
| Q2 25 | 11.2% | -4.6% | ||
| Q1 25 | 11.6% | 7.9% | ||
| Q4 24 | 8.7% | -12.2% | ||
| Q3 24 | 19.7% | -32.7% | ||
| Q2 24 | 16.2% | -14.8% | ||
| Q1 24 | 17.6% | 3.7% |
净利率FORPATH
| Q4 25 | 5.6% | 48.4% | ||
| Q3 25 | 13.0% | 0.4% | ||
| Q2 25 | 8.4% | -6.3% | ||
| Q1 25 | 9.0% | 12.2% | ||
| Q4 24 | 6.6% | -3.0% | ||
| Q3 24 | 14.8% | -27.2% | ||
| Q2 24 | 12.2% | -8.6% | ||
| Q1 24 | 13.5% | 8.4% |
每股收益（稀释后）FORPATH
| Q4 25 | $0.30 | $0.37 | ||
| Q3 25 | $1.70 | $0.00 | ||
| Q2 25 | $0.65 | $-0.04 | ||
| Q1 25 | $0.62 | $0.09 | ||
| Q4 24 | $0.32 | $-0.02 | ||
| Q3 24 | $1.59 | $-0.15 | ||
| Q2 24 | $0.76 | $-0.05 | ||
| Q1 24 | $0.89 | $0.07 |
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 | $1.4B |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $1.9B |
| 总资产 | $3.2B | $2.9B |
| 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FORPATH
| Q4 25 | $211.7M | $1.4B | ||
| Q3 25 | $379.2M | $1.4B | ||
| Q2 25 | $189.2M | $1.6B | ||
| Q1 25 | $174.3M | $1.6B | ||
| Q4 24 | $132.0M | $1.6B | ||
| Q3 24 | $481.2M | $1.7B | ||
| Q2 24 | $359.2M | $1.9B | ||
| Q1 24 | $416.2M | $1.9B |
总债务FORPATH
| 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FORPATH
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.8B | $1.7B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.6B | $1.7B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.5B | $2.0B | ||
| Q1 24 | $1.5B | $2.0B |
总资产FORPATH
| Q4 25 | $3.2B | $2.9B | ||
| Q3 25 | $3.1B | $2.6B | ||
| Q2 25 | $3.1B | $2.6B | ||
| Q1 25 | $3.0B | $2.9B | ||
| Q4 24 | $3.0B | $2.7B | ||
| Q3 24 | $2.8B | $2.7B | ||
| Q2 24 | $2.7B | $2.8B | ||
| Q1 24 | $2.6B | $3.0B |
负债/权益比FORPATH
| 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 | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $25.1M |
| 自由现金流率自由现金流/营收 | -57.5% | 6.1% |
| 资本支出强度资本支出/营收 | 0.0% | 0.8% |
| 现金转化率经营现金流/净利润 | -10.19× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $93.0M | — |
8季度趋势，按日历期对齐
经营现金流FORPATH
| Q4 25 | $-157.0M | $28.3M | ||
| Q3 25 | $256.3M | $41.6M | ||
| Q2 25 | $15.8M | $119.0M | ||
| Q1 25 | $-19.8M | $146.1M | ||
| Q4 24 | $-450.0M | $28.1M | ||
| Q3 24 | $119.2M | $46.4M | ||
| Q2 24 | $-61.7M | $100.0M | ||
| Q1 24 | $-59.2M | $145.6M |
自由现金流FORPATH
| Q4 25 | $-157.1M | $25.1M | ||
| Q3 25 | $255.6M | — | ||
| Q2 25 | $15.0M | $106.2M | ||
| Q1 25 | $-20.5M | $138.7M | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | $118.4M | $45.0M | ||
| Q2 24 | $-62.3M | $98.8M | ||
| Q1 24 | $-59.8M | $141.8M |
自由现金流率FORPATH
| Q4 25 | -57.5% | 6.1% | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 3.8% | 29.8% | ||
| Q1 25 | -5.8% | 32.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | 21.5% | 14.2% | ||
| Q2 24 | -19.6% | 29.5% | ||
| Q1 24 | -17.9% | 35.0% |
资本支出强度FORPATH
| Q4 25 | 0.0% | 0.8% | ||
| Q3 25 | 0.1% | 0.0% | ||
| Q2 25 | 0.2% | 3.6% | ||
| Q1 25 | 0.2% | 1.7% | ||
| Q4 24 | 0.0% | 1.4% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | 0.2% | 0.4% | ||
| Q1 24 | 0.2% | 0.9% |
现金转化率FORPATH
| Q4 25 | -10.19× | 0.14× | ||
| Q3 25 | 2.95× | 26.25× | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | 2.82× | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | — | ||
| Q1 24 | -1.32× | 4.29× |
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% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
