vs
Forestar Group Inc.（FOR）与Perella Weinberg Partners（PWP）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Perella Weinberg Partners的1.2倍（$273.0M vs $219.2M），Perella Weinberg Partners净利率更高（6.3% vs 5.6%，领先0.7%），Forestar Group Inc.同比增速更快（9.0% vs -2.9%），Perella Weinberg Partners自由现金流更多（$30.5M vs $-157.1M），过去两年Perella Weinberg Partners的营收复合增速更高（46.5% 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。
佩雷拉温伯格合伙公司是一家聚焦咨询业务的全球投资银行，核心为客户提供战略与财务领域的专业咨询服务，凭借深厚的行业经验和全球化资源网络，为各类企业的重要商业决策提供专业支持。
FOR vs PWP — 直观对比
营收规模更大
FOR
是对方的1.2倍
$219.2M
营收增速更快
FOR
高出11.9%
-2.9%
净利率更高
PWP
高出0.7%
5.6%
自由现金流更多
PWP
多$187.6M
$-157.1M
两年增速更快
PWP
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $219.2M |
| 净利润 | $15.4M | $13.8M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 8.5% |
| 净利率 | 5.6% | 6.3% |
| 营收同比 | 9.0% | -2.9% |
| 净利润同比 | -6.7% | — |
| 每股收益（稀释后） | $0.30 | $0.11 |
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FORPWP
| Q4 25 | $273.0M | $219.2M | ||
| Q3 25 | $670.5M | $164.6M | ||
| Q2 25 | $390.5M | $155.3M | ||
| Q1 25 | $351.0M | $211.8M | ||
| Q4 24 | $250.4M | $225.7M | ||
| Q3 24 | $551.3M | $278.2M | ||
| Q2 24 | $318.4M | $272.0M | ||
| Q1 24 | $333.8M | $102.1M |
净利润FORPWP
| Q4 25 | $15.4M | $13.8M | ||
| Q3 25 | $86.9M | $6.0M | ||
| Q2 25 | $32.9M | $2.7M | ||
| Q1 25 | $31.6M | $17.3M | ||
| Q4 24 | $16.5M | — | ||
| Q3 24 | $81.5M | $16.4M | ||
| Q2 24 | $38.7M | $-66.0M | ||
| Q1 24 | $45.0M | $-35.8M |
毛利率FORPWP
| 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FORPWP
| Q4 25 | 7.6% | 8.5% | ||
| Q3 25 | 16.9% | 5.4% | ||
| Q2 25 | 11.2% | 5.8% | ||
| Q1 25 | 11.6% | 5.5% | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 19.7% | 12.9% | ||
| Q2 24 | 16.2% | -30.2% | ||
| Q1 24 | 17.6% | -52.4% |
净利率FORPWP
| Q4 25 | 5.6% | 6.3% | ||
| Q3 25 | 13.0% | 3.6% | ||
| Q2 25 | 8.4% | 1.8% | ||
| Q1 25 | 9.0% | 8.2% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 14.8% | 5.9% | ||
| Q2 24 | 12.2% | -24.3% | ||
| Q1 24 | 13.5% | -35.1% |
每股收益（稀释后）FORPWP
| Q4 25 | $0.30 | $0.11 | ||
| Q3 25 | $1.70 | $0.08 | ||
| Q2 25 | $0.65 | $0.04 | ||
| Q1 25 | $0.62 | $0.24 | ||
| Q4 24 | $0.32 | — | ||
| Q3 24 | $1.59 | $0.24 | ||
| Q2 24 | $0.76 | $-1.21 | ||
| Q1 24 | $0.89 | $-0.91 |
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 | $255.9M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $-127.4M |
| 总资产 | $3.2B | $797.6M |
| 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FORPWP
| Q4 25 | $211.7M | $255.9M | ||
| Q3 25 | $379.2M | $185.5M | ||
| Q2 25 | $189.2M | $145.0M | ||
| Q1 25 | $174.3M | $111.2M | ||
| Q4 24 | $132.0M | $407.4M | ||
| Q3 24 | $481.2M | $335.1M | ||
| Q2 24 | $359.2M | $185.3M | ||
| Q1 24 | $416.2M | $156.7M |
总债务FORPWP
| 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FORPWP
| Q4 25 | $1.8B | $-127.4M | ||
| Q3 25 | $1.8B | $-302.4M | ||
| Q2 25 | $1.7B | $-318.4M | ||
| Q1 25 | $1.6B | $-323.1M | ||
| Q4 24 | $1.6B | $-421.4M | ||
| Q3 24 | $1.6B | $-360.8M | ||
| Q2 24 | $1.5B | $-283.0M | ||
| Q1 24 | $1.5B | $161.9M |
总资产FORPWP
| Q4 25 | $3.2B | $797.6M | ||
| Q3 25 | $3.1B | $650.2M | ||
| Q2 25 | $3.1B | $606.7M | ||
| Q1 25 | $3.0B | $570.5M | ||
| Q4 24 | $3.0B | $876.8M | ||
| Q3 24 | $2.8B | $810.9M | ||
| Q2 24 | $2.7B | $645.5M | ||
| Q1 24 | $2.6B | $583.6M |
负债/权益比FORPWP
| 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 | $34.8M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $30.5M |
| 自由现金流率自由现金流/营收 | -57.5% | 13.9% |
| 资本支出强度资本支出/营收 | 0.0% | 2.0% |
| 现金转化率经营现金流/净利润 | -10.19× | 2.52× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $-34.1M |
8季度趋势，按日历期对齐
经营现金流FORPWP
| Q4 25 | $-157.0M | $34.8M | ||
| Q3 25 | $256.3M | $59.2M | ||
| Q2 25 | $15.8M | $56.1M | ||
| Q1 25 | $-19.8M | $-176.5M | ||
| Q4 24 | $-450.0M | $223.4M | ||
| Q3 24 | $119.2M | $200.3M | ||
| Q2 24 | $-61.7M | $90.0M | ||
| Q1 24 | $-59.2M | $-206.3M |
自由现金流FORPWP
| Q4 25 | $-157.1M | $30.5M | ||
| Q3 25 | $255.6M | $57.6M | ||
| Q2 25 | $15.0M | $55.3M | ||
| Q1 25 | $-20.5M | $-177.6M | ||
| Q4 24 | — | $207.0M | ||
| Q3 24 | $118.4M | $199.3M | ||
| Q2 24 | $-62.3M | $83.7M | ||
| Q1 24 | $-59.8M | $-214.8M |
自由现金流率FORPWP
| Q4 25 | -57.5% | 13.9% | ||
| Q3 25 | 38.1% | 35.0% | ||
| Q2 25 | 3.8% | 35.6% | ||
| Q1 25 | -5.8% | -83.8% | ||
| Q4 24 | — | 91.7% | ||
| Q3 24 | 21.5% | 71.6% | ||
| Q2 24 | -19.6% | 30.8% | ||
| Q1 24 | -17.9% | -210.3% |
资本支出强度FORPWP
| Q4 25 | 0.0% | 2.0% | ||
| Q3 25 | 0.1% | 0.9% | ||
| Q2 25 | 0.2% | 0.5% | ||
| Q1 25 | 0.2% | 0.5% | ||
| Q4 24 | 0.0% | 7.3% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | 0.2% | 2.3% | ||
| Q1 24 | 0.2% | 8.3% |
现金转化率FORPWP
| Q4 25 | -10.19× | 2.52× | ||
| Q3 25 | 2.95× | 9.85× | ||
| Q2 25 | 0.48× | 20.50× | ||
| Q1 25 | -0.63× | -10.18× | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | 12.23× | ||
| Q2 24 | -1.59× | — | ||
| Q1 24 | -1.32× | — |
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% |
PWP
暂无分部数据
