vs
Forestar Group Inc.（FOR）与Ribbon Communications Inc.（RBBN）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Ribbon Communications Inc.的1.7倍（$273.0M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 5.6%，领先49.1%），Forestar Group Inc.同比增速更快（9.0% vs -10.3%），过去两年Ribbon Communications Inc.的营收复合增速更高（-8.1% 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。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
FOR vs RBBN — 直观对比
营收规模更大
FOR
是对方的1.7倍
$162.6M
营收增速更快
FOR
高出19.3%
-10.3%
净利率更高
RBBN
高出49.1%
5.6%
两年增速更快
RBBN
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $162.6M |
| 净利润 | $15.4M | $89.1M |
| 毛利率 | 20.1% | 42.9% |
| 营业利润率 | 7.6% | 37.6% |
| 净利率 | 5.6% | 54.8% |
| 营收同比 | 9.0% | -10.3% |
| 净利润同比 | -6.7% | — |
| 每股收益（稀释后） | $0.30 | $0.50 |
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FORRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $273.0M | $227.3M | ||
| Q3 25 | $670.5M | $215.4M | ||
| Q2 25 | $390.5M | $220.6M | ||
| Q1 25 | $351.0M | $181.3M | ||
| Q4 24 | $250.4M | $251.4M | ||
| Q3 24 | $551.3M | $210.2M | ||
| Q2 24 | $318.4M | $192.6M |
净利润FORRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $15.4M | — | ||
| Q3 25 | $86.9M | $-12.1M | ||
| Q2 25 | $32.9M | $-11.1M | ||
| Q1 25 | $31.6M | $-26.2M | ||
| Q4 24 | $16.5M | — | ||
| Q3 24 | $81.5M | $-13.4M | ||
| Q2 24 | $38.7M | $-16.8M |
毛利率FORRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 20.1% | 53.3% | ||
| Q3 25 | 22.3% | 50.1% | ||
| Q2 25 | 20.4% | 49.6% | ||
| Q1 25 | 22.6% | 45.4% | ||
| Q4 24 | 22.0% | 55.7% | ||
| Q3 24 | 23.9% | 52.1% | ||
| Q2 24 | 22.5% | 50.8% |
营业利润率FORRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 7.6% | 4.1% | ||
| Q3 25 | 16.9% | 1.3% | ||
| Q2 25 | 11.2% | 1.9% | ||
| Q1 25 | 11.6% | -10.8% | ||
| Q4 24 | 8.7% | 13.2% | ||
| Q3 24 | 19.7% | -0.4% | ||
| Q2 24 | 16.2% | -1.0% |
净利率FORRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 5.6% | — | ||
| Q3 25 | 13.0% | -5.6% | ||
| Q2 25 | 8.4% | -5.0% | ||
| Q1 25 | 9.0% | -14.5% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 14.8% | -6.4% | ||
| Q2 24 | 12.2% | -8.7% |
每股收益（稀释后）FORRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.30 | $0.50 | ||
| Q3 25 | $1.70 | $-0.07 | ||
| Q2 25 | $0.65 | $-0.06 | ||
| Q1 25 | $0.62 | $-0.15 | ||
| Q4 24 | $0.32 | $0.05 | ||
| Q3 24 | $1.59 | $-0.08 | ||
| Q2 24 | $0.76 | $-0.10 |
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 | $67.6M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $419.1M |
| 总资产 | $3.2B | — |
| 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FORRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $211.7M | $96.4M | ||
| Q3 25 | $379.2M | $74.8M | ||
| Q2 25 | $189.2M | $60.5M | ||
| Q1 25 | $174.3M | $71.2M | ||
| Q4 24 | $132.0M | $87.8M | ||
| Q3 24 | $481.2M | $37.2M | ||
| Q2 24 | $359.2M | $64.6M |
总债务FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | $793.2M | $342.1M | ||
| Q3 25 | $802.7M | $344.3M | ||
| Q2 25 | $872.8M | $346.5M | ||
| Q1 25 | $872.5M | $347.4M | ||
| Q4 24 | $806.8M | $348.3M | ||
| Q3 24 | $706.4M | $349.1M | ||
| Q2 24 | $706.1M | $350.0M |
股东权益FORRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.8B | $449.0M | ||
| Q3 25 | $1.8B | $360.1M | ||
| Q2 25 | $1.7B | $370.4M | ||
| Q1 25 | $1.6B | $381.8M | ||
| Q4 24 | $1.6B | $404.6M | ||
| Q3 24 | $1.6B | $395.5M | ||
| Q2 24 | $1.5B | $405.0M |
总资产FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.1B | $1.1B | ||
| Q2 25 | $3.1B | $1.1B | ||
| Q1 25 | $3.0B | $1.1B | ||
| Q4 24 | $3.0B | $1.2B | ||
| Q3 24 | $2.8B | $1.1B | ||
| Q2 24 | $2.7B | $1.1B |
负债/权益比FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.44× | 0.76× | ||
| Q3 25 | 0.45× | 0.96× | ||
| Q2 25 | 0.52× | 0.94× | ||
| Q1 25 | 0.53× | 0.91× | ||
| Q4 24 | 0.50× | 0.86× | ||
| Q3 24 | 0.44× | 0.88× | ||
| Q2 24 | 0.47× | 0.86× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | — |
| 自由现金流率自由现金流/营收 | -57.5% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | -10.19× | — |
| 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FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-157.0M | $29.2M | ||
| Q3 25 | $256.3M | $26.5M | ||
| Q2 25 | $15.8M | $-795.0K | ||
| Q1 25 | $-19.8M | $-3.5M | ||
| Q4 24 | $-450.0M | $61.8M | ||
| Q3 24 | $119.2M | $-14.8M | ||
| Q2 24 | $-61.7M | $-9.8M |
自由现金流FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | $-157.1M | $27.3M | ||
| Q3 25 | $255.6M | $21.0M | ||
| Q2 25 | $15.0M | $-6.5M | ||
| Q1 25 | $-20.5M | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | $118.4M | $-23.7M | ||
| Q2 24 | $-62.3M | $-12.9M |
自由现金流率FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | -57.5% | 12.0% | ||
| Q3 25 | 38.1% | 9.7% | ||
| Q2 25 | 3.8% | -2.9% | ||
| Q1 25 | -5.8% | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | 21.5% | -11.3% | ||
| Q2 24 | -19.6% | -6.7% |
资本支出强度FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 0.9% | ||
| Q3 25 | 0.1% | 2.6% | ||
| Q2 25 | 0.2% | 2.6% | ||
| Q1 25 | 0.2% | 6.7% | ||
| Q4 24 | 0.0% | 3.2% | ||
| Q3 24 | 0.1% | 4.2% | ||
| Q2 24 | 0.2% | 1.6% |
现金转化率FORRBBN
| Q1 26 | — | — | ||
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | — | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | — |
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% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
