vs
Forestar Group Inc.（FOR）与POWELL INDUSTRIES INC（POWL）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POWELL INDUSTRIES INC的1.1倍（$273.0M vs $251.2M），POWELL INDUSTRIES INC净利率更高（16.5% vs 5.6%，领先10.8%），Forestar Group Inc.同比增速更快（9.0% vs 4.0%），POWELL INDUSTRIES INC自由现金流更多（$41.6M vs $-157.1M），过去两年POWELL INDUSTRIES INC的营收复合增速更高（-0.8% 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。
Powell Industries Inc.成立于1947年，总部位于美国得克萨斯州休斯敦，是专业的电气设备及集成封装解决方案供应商，产品主要面向工商业市场，用于电力配送环节的监测与控制。
FOR vs POWL — 直观对比
营收规模更大
FOR
是对方的1.1倍
$251.2M
营收增速更快
FOR
高出5.0%
4.0%
净利率更高
POWL
高出10.8%
5.6%
自由现金流更多
POWL
多$198.7M
$-157.1M
两年增速更快
POWL
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $251.2M |
| 净利润 | $15.4M | $41.4M |
| 毛利率 | 20.1% | 28.4% |
| 营业利润率 | 7.6% | 17.0% |
| 净利率 | 5.6% | 16.5% |
| 营收同比 | 9.0% | 4.0% |
| 净利润同比 | -6.7% | 19.1% |
| 每股收益（稀释后） | $0.30 | $3.40 |
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FORPOWL
| Q4 25 | $273.0M | $251.2M | ||
| Q3 25 | $670.5M | $298.0M | ||
| Q2 25 | $390.5M | $286.3M | ||
| Q1 25 | $351.0M | $278.6M | ||
| Q4 24 | $250.4M | $241.4M | ||
| Q3 24 | $551.3M | $275.1M | ||
| Q2 24 | $318.4M | $288.2M | ||
| Q1 24 | $333.8M | $255.1M |
净利润FORPOWL
| Q4 25 | $15.4M | $41.4M | ||
| Q3 25 | $86.9M | $51.4M | ||
| Q2 25 | $32.9M | $48.2M | ||
| Q1 25 | $31.6M | $46.3M | ||
| Q4 24 | $16.5M | $34.8M | ||
| Q3 24 | $81.5M | $46.1M | ||
| Q2 24 | $38.7M | $46.2M | ||
| Q1 24 | $45.0M | $33.5M |
毛利率FORPOWL
| Q4 25 | 20.1% | 28.4% | ||
| Q3 25 | 22.3% | 31.4% | ||
| Q2 25 | 20.4% | 30.7% | ||
| Q1 25 | 22.6% | 29.9% | ||
| Q4 24 | 22.0% | 24.7% | ||
| Q3 24 | 23.9% | 29.2% | ||
| Q2 24 | 22.5% | 28.4% | ||
| Q1 24 | 24.9% | 24.6% |
营业利润率FORPOWL
| Q4 25 | 7.6% | 17.0% | ||
| Q3 25 | 16.9% | 21.2% | ||
| Q2 25 | 11.2% | 21.0% | ||
| Q1 25 | 11.6% | 21.1% | ||
| Q4 24 | 8.7% | 14.7% | ||
| Q3 24 | 19.7% | 20.4% | ||
| Q2 24 | 16.2% | 19.9% | ||
| Q1 24 | 17.6% | 15.5% |
净利率FORPOWL
| Q4 25 | 5.6% | 16.5% | ||
| Q3 25 | 13.0% | 17.3% | ||
| Q2 25 | 8.4% | 16.8% | ||
| Q1 25 | 9.0% | 16.6% | ||
| Q4 24 | 6.6% | 14.4% | ||
| Q3 24 | 14.8% | 16.7% | ||
| Q2 24 | 12.2% | 16.0% | ||
| Q1 24 | 13.5% | 13.1% |
每股收益（稀释后）FORPOWL
| Q4 25 | $0.30 | $3.40 | ||
| Q3 25 | $1.70 | $4.23 | ||
| Q2 25 | $0.65 | $3.96 | ||
| Q1 25 | $0.62 | $3.81 | ||
| Q4 24 | $0.32 | $2.86 | ||
| Q3 24 | $1.59 | $3.77 | ||
| Q2 24 | $0.76 | $3.79 | ||
| Q1 24 | $0.89 | $2.75 |
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 | $500.8M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $668.9M |
| 总资产 | $3.2B | $1.1B |
| 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FORPOWL
| Q4 25 | $211.7M | $500.8M | ||
| Q3 25 | $379.2M | $475.5M | ||
| Q2 25 | $189.2M | $433.0M | ||
| Q1 25 | $174.3M | $389.3M | ||
| Q4 24 | $132.0M | $373.4M | ||
| Q3 24 | $481.2M | $358.4M | ||
| Q2 24 | $359.2M | $374.0M | ||
| Q1 24 | $416.2M | $365.3M |
总债务FORPOWL
| 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FORPOWL
| Q4 25 | $1.8B | $668.9M | ||
| Q3 25 | $1.8B | $640.8M | ||
| Q2 25 | $1.7B | $594.9M | ||
| Q1 25 | $1.6B | $541.4M | ||
| Q4 24 | $1.6B | $496.3M | ||
| Q3 24 | $1.6B | $483.1M | ||
| Q2 24 | $1.5B | $436.7M | ||
| Q1 24 | $1.5B | $393.8M |
总资产FORPOWL
| Q4 25 | $3.2B | $1.1B | ||
| Q3 25 | $3.1B | $1.1B | ||
| Q2 25 | $3.1B | $1.0B | ||
| Q1 25 | $3.0B | $965.4M | ||
| Q4 24 | $3.0B | $912.7M | ||
| Q3 24 | $2.8B | $928.2M | ||
| Q2 24 | $2.7B | $869.0M | ||
| Q1 24 | $2.6B | $849.6M |
负债/权益比FORPOWL
| 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 | $43.6M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $41.6M |
| 自由现金流率自由现金流/营收 | -57.5% | 16.6% |
| 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× | 1.05× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $161.5M |
8季度趋势，按日历期对齐
经营现金流FORPOWL
| Q4 25 | $-157.0M | $43.6M | ||
| Q3 25 | $256.3M | $61.1M | ||
| Q2 25 | $15.8M | $47.4M | ||
| Q1 25 | $-19.8M | $22.4M | ||
| Q4 24 | $-450.0M | $37.1M | ||
| Q3 24 | $119.2M | $-6.0M | ||
| Q2 24 | $-61.7M | $13.8M | ||
| Q1 24 | $-59.2M | $17.0M |
自由现金流FORPOWL
| Q4 25 | $-157.1M | $41.6M | ||
| Q3 25 | $255.6M | $59.3M | ||
| Q2 25 | $15.0M | $42.3M | ||
| Q1 25 | $-20.5M | $18.3M | ||
| Q4 24 | — | $34.9M | ||
| Q3 24 | $118.4M | $-14.4M | ||
| Q2 24 | $-62.3M | $12.4M | ||
| Q1 24 | $-59.8M | $16.1M |
自由现金流率FORPOWL
| Q4 25 | -57.5% | 16.6% | ||
| Q3 25 | 38.1% | 19.9% | ||
| Q2 25 | 3.8% | 14.8% | ||
| Q1 25 | -5.8% | 6.6% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | 21.5% | -5.3% | ||
| Q2 24 | -19.6% | 4.3% | ||
| Q1 24 | -17.9% | 6.3% |
资本支出强度FORPOWL
| Q4 25 | 0.0% | 0.8% | ||
| Q3 25 | 0.1% | 0.6% | ||
| Q2 25 | 0.2% | 1.8% | ||
| Q1 25 | 0.2% | 1.5% | ||
| Q4 24 | 0.0% | 0.9% | ||
| Q3 24 | 0.1% | 3.1% | ||
| Q2 24 | 0.2% | 0.5% | ||
| Q1 24 | 0.2% | 0.4% |
现金转化率FORPOWL
| Q4 25 | -10.19× | 1.05× | ||
| Q3 25 | 2.95× | 1.19× | ||
| Q2 25 | 0.48× | 0.98× | ||
| Q1 25 | -0.63× | 0.48× | ||
| Q4 24 | -27.27× | 1.07× | ||
| Q3 24 | 1.46× | -0.13× | ||
| Q2 24 | -1.59× | 0.30× | ||
| Q1 24 | -1.32× | 0.51× |
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% |
POWL
| Oil And Gas Service | $97.9M | 39% |
| Electricity | $69.3M | 28% |
| Commercial And Other Industrial | $40.6M | 16% |
| Petrochemical | $22.8M | 9% |
| Other Customers | $12.0M | 5% |
| Light Rail Traction Power Customer | $8.6M | 3% |
