vs
Forestar Group Inc.（FOR）与STURM RUGER & CO INC（RGR）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STURM RUGER & CO INC的1.8倍（$273.0M vs $151.1M），Forestar Group Inc.同比增速更快（9.0% vs 3.6%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $-157.1M），过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% 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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
FOR vs RGR — 直观对比
营收规模更大
FOR
是对方的1.8倍
$151.1M
营收增速更快
FOR
高出5.4%
3.6%
自由现金流更多
RGR
多$169.4M
$-157.1M
两年增速更快
RGR
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $151.1M |
| 净利润 | $15.4M | — |
| 毛利率 | 20.1% | 17.8% |
| 营业利润率 | 7.6% | 2.3% |
| 净利率 | 5.6% | — |
| 营收同比 | 9.0% | 3.6% |
| 净利润同比 | -6.7% | — |
| 每股收益（稀释后） | $0.30 | $0.22 |
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FORRGR
| Q4 25 | $273.0M | $151.1M | ||
| Q3 25 | $670.5M | $126.8M | ||
| Q2 25 | $390.5M | $132.5M | ||
| Q1 25 | $351.0M | $135.7M | ||
| Q4 24 | $250.4M | $145.8M | ||
| Q3 24 | $551.3M | $122.3M | ||
| Q2 24 | $318.4M | $130.8M | ||
| Q1 24 | $333.8M | $136.8M |
净利润FORRGR
| Q4 25 | $15.4M | — | ||
| Q3 25 | $86.9M | $1.6M | ||
| Q2 25 | $32.9M | $-17.2M | ||
| Q1 25 | $31.6M | $7.8M | ||
| Q4 24 | $16.5M | — | ||
| Q3 24 | $81.5M | $4.7M | ||
| Q2 24 | $38.7M | $8.3M | ||
| Q1 24 | $45.0M | $7.1M |
毛利率FORRGR
| Q4 25 | 20.1% | 17.8% | ||
| Q3 25 | 22.3% | 15.1% | ||
| Q2 25 | 20.4% | 3.9% | ||
| Q1 25 | 22.6% | 22.0% | ||
| Q4 24 | 22.0% | 22.8% | ||
| Q3 24 | 23.9% | 18.5% | ||
| Q2 24 | 22.5% | 22.3% | ||
| Q1 24 | 24.9% | 21.5% |
营业利润率FORRGR
| Q4 25 | 7.6% | 2.3% | ||
| Q3 25 | 16.9% | -2.7% | ||
| Q2 25 | 11.2% | -15.6% | ||
| Q1 25 | 11.6% | 6.2% | ||
| Q4 24 | 8.7% | 7.8% | ||
| Q3 24 | 19.7% | 3.1% | ||
| Q2 24 | 16.2% | 6.9% | ||
| Q1 24 | 17.6% | 5.5% |
净利率FORRGR
| Q4 25 | 5.6% | — | ||
| Q3 25 | 13.0% | 1.2% | ||
| Q2 25 | 8.4% | -13.0% | ||
| Q1 25 | 9.0% | 5.7% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 14.8% | 3.9% | ||
| Q2 24 | 12.2% | 6.3% | ||
| Q1 24 | 13.5% | 5.2% |
每股收益（稀释后）FORRGR
| Q4 25 | $0.30 | $0.22 | ||
| Q3 25 | $1.70 | $0.10 | ||
| Q2 25 | $0.65 | $-1.05 | ||
| Q1 25 | $0.62 | $0.46 | ||
| Q4 24 | $0.32 | $0.62 | ||
| Q3 24 | $1.59 | $0.28 | ||
| Q2 24 | $0.76 | $0.47 | ||
| Q1 24 | $0.89 | $0.40 |
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 | $92.5M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $283.8M |
| 总资产 | $3.2B | $342.0M |
| 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FORRGR
| Q4 25 | $211.7M | $92.5M | ||
| Q3 25 | $379.2M | $80.8M | ||
| Q2 25 | $189.2M | $101.4M | ||
| Q1 25 | $174.3M | $108.3M | ||
| Q4 24 | $132.0M | $105.5M | ||
| Q3 24 | $481.2M | $96.0M | ||
| Q2 24 | $359.2M | $105.6M | ||
| Q1 24 | $416.2M | $115.3M |
总债务FORRGR
| 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FORRGR
| Q4 25 | $1.8B | $283.8M | ||
| Q3 25 | $1.8B | $279.6M | ||
| Q2 25 | $1.7B | $289.3M | ||
| Q1 25 | $1.6B | $321.5M | ||
| Q4 24 | $1.6B | $319.6M | ||
| Q3 24 | $1.6B | $314.9M | ||
| Q2 24 | $1.5B | $321.5M | ||
| Q1 24 | $1.5B | $332.0M |
总资产FORRGR
| Q4 25 | $3.2B | $342.0M | ||
| Q3 25 | $3.1B | $342.3M | ||
| Q2 25 | $3.1B | $349.5M | ||
| Q1 25 | $3.0B | $379.0M | ||
| Q4 24 | $3.0B | $384.0M | ||
| Q3 24 | $2.8B | $373.5M | ||
| Q2 24 | $2.7B | $376.7M | ||
| Q1 24 | $2.6B | $385.0M |
负债/权益比FORRGR
| 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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $12.3M |
| 自由现金流率自由现金流/营收 | -57.5% | 8.2% |
| 资本支出强度资本支出/营收 | 0.0% | 2.1% |
| 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 | $38.5M |
8季度趋势，按日历期对齐
经营现金流FORRGR
| Q4 25 | $-157.0M | $15.5M | ||
| Q3 25 | $256.3M | $12.9M | ||
| Q2 25 | $15.8M | $14.7M | ||
| Q1 25 | $-19.8M | $11.1M | ||
| Q4 24 | $-450.0M | $20.0M | ||
| Q3 24 | $119.2M | $9.4M | ||
| Q2 24 | $-61.7M | $18.7M | ||
| Q1 24 | $-59.2M | $7.3M |
自由现金流FORRGR
| Q4 25 | $-157.1M | $12.3M | ||
| Q3 25 | $255.6M | $7.0M | ||
| Q2 25 | $15.0M | $9.1M | ||
| Q1 25 | $-20.5M | $10.0M | ||
| Q4 24 | — | $16.4M | ||
| Q3 24 | $118.4M | $2.6M | ||
| Q2 24 | $-62.3M | $10.1M | ||
| Q1 24 | $-59.8M | $5.6M |
自由现金流率FORRGR
| Q4 25 | -57.5% | 8.2% | ||
| Q3 25 | 38.1% | 5.5% | ||
| Q2 25 | 3.8% | 6.9% | ||
| Q1 25 | -5.8% | 7.4% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 21.5% | 2.1% | ||
| Q2 24 | -19.6% | 7.7% | ||
| Q1 24 | -17.9% | 4.1% |
资本支出强度FORRGR
| Q4 25 | 0.0% | 2.1% | ||
| Q3 25 | 0.1% | 4.6% | ||
| Q2 25 | 0.2% | 4.2% | ||
| Q1 25 | 0.2% | 0.8% | ||
| Q4 24 | 0.0% | 2.5% | ||
| Q3 24 | 0.1% | 5.5% | ||
| Q2 24 | 0.2% | 6.6% | ||
| Q1 24 | 0.2% | 1.3% |
现金转化率FORRGR
| Q4 25 | -10.19× | — | ||
| Q3 25 | 2.95× | 8.15× | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | -0.63× | 1.43× | ||
| Q4 24 | -27.27× | — | ||
| Q3 24 | 1.46× | 1.98× | ||
| Q2 24 | -1.59× | 2.27× | ||
| Q1 24 | -1.32× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
