vs
Forestar Group Inc.（FOR）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是Forestar Group Inc.的1.7倍（$461.6M vs $273.0M），RBC Bearings INC净利率更高（14.6% vs 5.6%，领先9.0%），RBC Bearings INC同比增速更快（17.0% vs 9.0%），RBC Bearings INC自由现金流更多（$99.1M vs $-157.1M），过去两年RBC Bearings INC的营收复合增速更高（5.6% 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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
FOR vs RBC — 直观对比
营收规模更大
RBC
是对方的1.7倍
$273.0M
营收增速更快
RBC
高出8.0%
9.0%
净利率更高
RBC
高出9.0%
5.6%
自由现金流更多
RBC
多$256.2M
$-157.1M
两年增速更快
RBC
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $461.6M |
| 净利润 | $15.4M | $67.4M |
| 毛利率 | 20.1% | 44.3% |
| 营业利润率 | 7.6% | 22.3% |
| 净利率 | 5.6% | 14.6% |
| 营收同比 | 9.0% | 17.0% |
| 净利润同比 | -6.7% | 16.4% |
| 每股收益（稀释后） | $0.30 | $2.13 |
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FORRBC
| Q4 25 | $273.0M | $461.6M | ||
| Q3 25 | $670.5M | $455.3M | ||
| Q2 25 | $390.5M | $436.0M | ||
| Q1 25 | $351.0M | $437.7M | ||
| Q4 24 | $250.4M | $394.4M | ||
| Q3 24 | $551.3M | $397.9M | ||
| Q2 24 | $318.4M | $406.3M | ||
| Q1 24 | $333.8M | $413.7M |
净利润FORRBC
| Q4 25 | $15.4M | $67.4M | ||
| Q3 25 | $86.9M | $60.0M | ||
| Q2 25 | $32.9M | $68.5M | ||
| Q1 25 | $31.6M | $72.7M | ||
| Q4 24 | $16.5M | $57.9M | ||
| Q3 24 | $81.5M | $54.2M | ||
| Q2 24 | $38.7M | $61.4M | ||
| Q1 24 | $45.0M | — |
毛利率FORRBC
| Q4 25 | 20.1% | 44.3% | ||
| Q3 25 | 22.3% | 44.1% | ||
| Q2 25 | 20.4% | 44.8% | ||
| Q1 25 | 22.6% | 44.2% | ||
| Q4 24 | 22.0% | 44.3% | ||
| Q3 24 | 23.9% | 43.7% | ||
| Q2 24 | 22.5% | 45.3% | ||
| Q1 24 | 24.9% | 43.1% |
营业利润率FORRBC
| Q4 25 | 7.6% | 22.3% | ||
| Q3 25 | 16.9% | 21.5% | ||
| Q2 25 | 11.2% | 23.2% | ||
| Q1 25 | 11.6% | 23.0% | ||
| Q4 24 | 8.7% | 21.7% | ||
| Q3 24 | 19.7% | 21.6% | ||
| Q2 24 | 16.2% | 24.0% | ||
| Q1 24 | 17.6% | 22.8% |
净利率FORRBC
| Q4 25 | 5.6% | 14.6% | ||
| Q3 25 | 13.0% | 13.2% | ||
| Q2 25 | 8.4% | 15.7% | ||
| Q1 25 | 9.0% | 16.6% | ||
| Q4 24 | 6.6% | 14.7% | ||
| Q3 24 | 14.8% | 13.6% | ||
| Q2 24 | 12.2% | 15.1% | ||
| Q1 24 | 13.5% | — |
每股收益（稀释后）FORRBC
| Q4 25 | $0.30 | $2.13 | ||
| Q3 25 | $1.70 | $1.90 | ||
| Q2 25 | $0.65 | $2.17 | ||
| Q1 25 | $0.62 | $2.33 | ||
| Q4 24 | $0.32 | $1.82 | ||
| Q3 24 | $1.59 | $1.65 | ||
| Q2 24 | $0.76 | $1.90 | ||
| Q1 24 | $0.89 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $793.2M | $990.2M |
| 股东权益账面价值 | $1.8B | $3.3B |
| 总资产 | $3.2B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资FORRBC
| Q4 25 | $211.7M | $107.6M | ||
| Q3 25 | $379.2M | $91.2M | ||
| Q2 25 | $189.2M | $132.9M | ||
| Q1 25 | $174.3M | $36.8M | ||
| Q4 24 | $132.0M | — | ||
| Q3 24 | $481.2M | — | ||
| Q2 24 | $359.2M | $76.8M | ||
| Q1 24 | $416.2M | $63.5M |
总债务FORRBC
| Q4 25 | $793.2M | $990.2M | ||
| Q3 25 | $802.7M | $1.1B | ||
| Q2 25 | $872.8M | $915.6M | ||
| Q1 25 | $872.5M | $920.1M | ||
| Q4 24 | $806.8M | — | ||
| Q3 24 | $706.4M | — | ||
| Q2 24 | $706.1M | — | ||
| Q1 24 | $705.7M | $1.2B |
股东权益FORRBC
| Q4 25 | $1.8B | $3.3B | ||
| Q3 25 | $1.8B | $3.2B | ||
| Q2 25 | $1.7B | $3.1B | ||
| Q1 25 | $1.6B | $3.0B | ||
| Q4 24 | $1.6B | $2.9B | ||
| Q3 24 | $1.6B | $2.9B | ||
| Q2 24 | $1.5B | $2.8B | ||
| Q1 24 | $1.5B | $2.8B |
总资产FORRBC
| Q4 25 | $3.2B | $5.1B | ||
| Q3 25 | $3.1B | $5.1B | ||
| Q2 25 | $3.1B | $4.8B | ||
| Q1 25 | $3.0B | $4.7B | ||
| Q4 24 | $3.0B | $4.7B | ||
| Q3 24 | $2.8B | $4.7B | ||
| Q2 24 | $2.7B | $4.7B | ||
| Q1 24 | $2.6B | $4.7B |
负债/权益比FORRBC
| Q4 25 | 0.44× | 0.30× | ||
| Q3 25 | 0.45× | 0.34× | ||
| Q2 25 | 0.52× | 0.29× | ||
| Q1 25 | 0.53× | 0.30× | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.47× | — | ||
| Q1 24 | 0.48× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $99.1M |
| 自由现金流率自由现金流/营收 | -57.5% | 21.5% |
| 资本支出强度资本支出/营收 | 0.0% | 5.0% |
| 现金转化率经营现金流/净利润 | -10.19× | 1.81× |
| 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FORRBC
| Q4 25 | $-157.0M | $122.1M | ||
| Q3 25 | $256.3M | $88.4M | ||
| Q2 25 | $15.8M | $120.0M | ||
| Q1 25 | $-19.8M | — | ||
| Q4 24 | $-450.0M | $84.0M | ||
| Q3 24 | $119.2M | — | ||
| Q2 24 | $-61.7M | $97.4M | ||
| Q1 24 | $-59.2M | — |
自由现金流FORRBC
| Q4 25 | $-157.1M | $99.1M | ||
| Q3 25 | $255.6M | $71.7M | ||
| Q2 25 | $15.0M | $104.3M | ||
| Q1 25 | $-20.5M | — | ||
| Q4 24 | — | $73.6M | ||
| Q3 24 | $118.4M | — | ||
| Q2 24 | $-62.3M | $88.4M | ||
| Q1 24 | $-59.8M | — |
自由现金流率FORRBC
| Q4 25 | -57.5% | 21.5% | ||
| Q3 25 | 38.1% | 15.7% | ||
| Q2 25 | 3.8% | 23.9% | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | 21.5% | — | ||
| Q2 24 | -19.6% | 21.8% | ||
| Q1 24 | -17.9% | — |
资本支出强度FORRBC
| Q4 25 | 0.0% | 5.0% | ||
| Q3 25 | 0.1% | 3.7% | ||
| Q2 25 | 0.2% | 3.6% | ||
| Q1 25 | 0.2% | 3.2% | ||
| Q4 24 | 0.0% | 2.6% | ||
| Q3 24 | 0.1% | 4.1% | ||
| Q2 24 | 0.2% | 2.2% | ||
| Q1 24 | 0.2% | — |
现金转化率FORRBC
| Q4 25 | -10.19× | 1.81× | ||
| Q3 25 | 2.95× | 1.47× | ||
| Q2 25 | 0.48× | 1.75× | ||
| Q1 25 | -0.63× | — | ||
| Q4 24 | -27.27× | 1.45× | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | 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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
