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Forestar Group Inc.（FOR）与PROGRESS SOFTWARE CORP（PRGS）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PROGRESS SOFTWARE CORP的1.1倍（$273.0M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs 5.6%，领先4.5%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 9.0%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $-157.1M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% 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。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
FOR vs PRGS — 直观对比
营收规模更大
FOR
是对方的1.1倍
$252.7M
营收增速更快
PRGS
高出8.5%
9.0%
净利率更高
PRGS
高出4.5%
5.6%
自由现金流更多
PRGS
多$217.0M
$-157.1M
两年增速更快
PRGS
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $252.7M |
| 净利润 | $15.4M | $25.7M |
| 毛利率 | 20.1% | 81.6% |
| 营业利润率 | 7.6% | 15.2% |
| 净利率 | 5.6% | 10.2% |
| 营收同比 | 9.0% | 17.5% |
| 净利润同比 | -6.7% | 2144.6% |
| 每股收益（稀释后） | $0.30 | $0.59 |
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FORPRGS
| Q4 25 | $273.0M | $252.7M | ||
| Q3 25 | $670.5M | $249.8M | ||
| Q2 25 | $390.5M | $237.4M | ||
| Q1 25 | $351.0M | $238.0M | ||
| Q4 24 | $250.4M | $215.0M | ||
| Q3 24 | $551.3M | $178.7M | ||
| Q2 24 | $318.4M | $175.1M | ||
| Q1 24 | $333.8M | $184.7M |
净利润FORPRGS
| Q4 25 | $15.4M | $25.7M | ||
| Q3 25 | $86.9M | $19.4M | ||
| Q2 25 | $32.9M | $17.0M | ||
| Q1 25 | $31.6M | $10.9M | ||
| Q4 24 | $16.5M | $1.1M | ||
| Q3 24 | $81.5M | $28.5M | ||
| Q2 24 | $38.7M | $16.2M | ||
| Q1 24 | $45.0M | $22.6M |
毛利率FORPRGS
| Q4 25 | 20.1% | 81.6% | ||
| Q3 25 | 22.3% | 81.0% | ||
| Q2 25 | 20.4% | 80.1% | ||
| Q1 25 | 22.6% | 80.6% | ||
| Q4 24 | 22.0% | 83.0% | ||
| Q3 24 | 23.9% | 83.7% | ||
| Q2 24 | 22.5% | 81.7% | ||
| Q1 24 | 24.9% | 82.2% |
营业利润率FORPRGS
| Q4 25 | 7.6% | 15.2% | ||
| Q3 25 | 16.9% | 17.6% | ||
| Q2 25 | 11.2% | 16.3% | ||
| Q1 25 | 11.6% | 13.6% | ||
| Q4 24 | 8.7% | 10.0% | ||
| Q3 24 | 19.7% | 22.6% | ||
| Q2 24 | 16.2% | 15.5% | ||
| Q1 24 | 17.6% | 19.0% |
净利率FORPRGS
| Q4 25 | 5.6% | 10.2% | ||
| Q3 25 | 13.0% | 7.8% | ||
| Q2 25 | 8.4% | 7.2% | ||
| Q1 25 | 9.0% | 4.6% | ||
| Q4 24 | 6.6% | 0.5% | ||
| Q3 24 | 14.8% | 15.9% | ||
| Q2 24 | 12.2% | 9.2% | ||
| Q1 24 | 13.5% | 12.3% |
每股收益（稀释后）FORPRGS
| Q4 25 | $0.30 | $0.59 | ||
| Q3 25 | $1.70 | $0.44 | ||
| Q2 25 | $0.65 | $0.39 | ||
| Q1 25 | $0.62 | $0.24 | ||
| Q4 24 | $0.32 | $0.01 | ||
| Q3 24 | $1.59 | $0.65 | ||
| Q2 24 | $0.76 | $0.37 | ||
| Q1 24 | $0.89 | $0.51 |
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 | $94.8M |
| 总债务越低越好 | $793.2M | $1.4B |
| 股东权益账面价值 | $1.8B | $478.3M |
| 总资产 | $3.2B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.44× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资FORPRGS
| Q4 25 | $211.7M | $94.8M | ||
| Q3 25 | $379.2M | $99.0M | ||
| Q2 25 | $189.2M | $102.0M | ||
| Q1 25 | $174.3M | $124.2M | ||
| Q4 24 | $132.0M | $118.1M | ||
| Q3 24 | $481.2M | $232.7M | ||
| Q2 24 | $359.2M | $190.4M | ||
| Q1 24 | $416.2M | $133.2M |
总债务FORPRGS
| Q4 25 | $793.2M | $1.4B | ||
| Q3 25 | $802.7M | $1.4B | ||
| Q2 25 | $872.8M | $1.5B | ||
| Q1 25 | $872.5M | $1.5B | ||
| Q4 24 | $806.8M | $1.5B | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | — | ||
| Q1 24 | $705.7M | — |
股东权益FORPRGS
| Q4 25 | $1.8B | $478.3M | ||
| Q3 25 | $1.8B | $477.7M | ||
| Q2 25 | $1.7B | $452.7M | ||
| Q1 25 | $1.6B | $431.8M | ||
| Q4 24 | $1.6B | $438.8M | ||
| Q3 24 | $1.6B | $425.6M | ||
| Q2 24 | $1.5B | $401.7M | ||
| Q1 24 | $1.5B | $461.7M |
总资产FORPRGS
| Q4 25 | $3.2B | $2.5B | ||
| Q3 25 | $3.1B | $2.4B | ||
| Q2 25 | $3.1B | $2.4B | ||
| Q1 25 | $3.0B | $2.5B | ||
| Q4 24 | $3.0B | $2.5B | ||
| Q3 24 | $2.8B | $1.6B | ||
| Q2 24 | $2.7B | $1.6B | ||
| Q1 24 | $2.6B | $1.5B |
负债/权益比FORPRGS
| Q4 25 | 0.44× | 2.93× | ||
| Q3 25 | 0.45× | 2.97× | ||
| Q2 25 | 0.52× | 3.22× | ||
| Q1 25 | 0.53× | 3.50× | ||
| Q4 24 | 0.50× | 3.48× | ||
| 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 | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $59.9M |
| 自由现金流率自由现金流/营收 | -57.5% | 23.7% |
| 资本支出强度资本支出/营收 | 0.0% | 1.1% |
| 现金转化率经营现金流/净利润 | -10.19× | 2.44× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $229.5M |
8季度趋势，按日历期对齐
经营现金流FORPRGS
| Q4 25 | $-157.0M | $62.8M | ||
| Q3 25 | $256.3M | $73.4M | ||
| Q2 25 | $15.8M | $30.0M | ||
| Q1 25 | $-19.8M | $68.9M | ||
| Q4 24 | $-450.0M | $19.7M | ||
| Q3 24 | $119.2M | $57.7M | ||
| Q2 24 | $-61.7M | $63.7M | ||
| Q1 24 | $-59.2M | $70.5M |
自由现金流FORPRGS
| Q4 25 | $-157.1M | $59.9M | ||
| Q3 25 | $255.6M | $72.4M | ||
| Q2 25 | $15.0M | $29.5M | ||
| Q1 25 | $-20.5M | $67.7M | ||
| Q4 24 | — | $16.8M | ||
| Q3 24 | $118.4M | $56.6M | ||
| Q2 24 | $-62.3M | $62.7M | ||
| Q1 24 | $-59.8M | $70.2M |
自由现金流率FORPRGS
| Q4 25 | -57.5% | 23.7% | ||
| Q3 25 | 38.1% | 29.0% | ||
| Q2 25 | 3.8% | 12.4% | ||
| Q1 25 | -5.8% | 28.4% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 21.5% | 31.7% | ||
| Q2 24 | -19.6% | 35.8% | ||
| Q1 24 | -17.9% | 38.0% |
资本支出强度FORPRGS
| Q4 25 | 0.0% | 1.1% | ||
| Q3 25 | 0.1% | 0.4% | ||
| Q2 25 | 0.2% | 0.2% | ||
| Q1 25 | 0.2% | 0.5% | ||
| Q4 24 | 0.0% | 1.3% | ||
| Q3 24 | 0.1% | 0.6% | ||
| Q2 24 | 0.2% | 0.5% | ||
| Q1 24 | 0.2% | 0.2% |
现金转化率FORPRGS
| Q4 25 | -10.19× | 2.44× | ||
| Q3 25 | 2.95× | 3.78× | ||
| Q2 25 | 0.48× | 1.76× | ||
| Q1 25 | -0.63× | 6.30× | ||
| Q4 24 | -27.27× | 17.13× | ||
| Q3 24 | 1.46× | 2.03× | ||
| Q2 24 | -1.59× | 3.93× | ||
| Q1 24 | -1.32× | 3.11× |
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% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
