vs
Forestar Group Inc.（FOR）与RADIANT LOGISTICS, INC（RLGT）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RADIANT LOGISTICS, INC的1.2倍（$273.0M vs $232.1M），Forestar Group Inc.净利率更高（5.6% vs 2.3%，领先3.4%），Forestar Group Inc.同比增速更快（9.0% vs -12.3%），RADIANT LOGISTICS, INC自由现金流更多（$11.6M vs $-157.1M），过去两年RADIANT LOGISTICS, INC的营收复合增速更高（12.1% 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。
Radiant Logistics, Inc.是一家知名第三方物流服务商，提供端到端供应链解决方案、国内外货运代理、仓储及末端配送服务，核心市场覆盖北美，客户涵盖零售、制造、电商、工业等多个领域，助力企业优化物流流程、降低运营成本。
FOR vs RLGT — 直观对比
营收规模更大
FOR
是对方的1.2倍
$232.1M
营收增速更快
FOR
高出21.3%
-12.3%
净利率更高
FOR
高出3.4%
2.3%
自由现金流更多
RLGT
多$168.7M
$-157.1M
两年增速更快
RLGT
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $232.1M |
| 净利润 | $15.4M | $5.3M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 3.2% |
| 净利率 | 5.6% | 2.3% |
| 营收同比 | 9.0% | -12.3% |
| 净利润同比 | -6.7% | -18.0% |
| 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FORRLGT
| Q4 25 | $273.0M | $232.1M | ||
| Q3 25 | $670.5M | $226.7M | ||
| Q2 25 | $390.5M | $220.6M | ||
| Q1 25 | $351.0M | $214.0M | ||
| Q4 24 | $250.4M | $264.5M | ||
| Q3 24 | $551.3M | $203.6M | ||
| Q2 24 | $318.4M | $206.0M | ||
| Q1 24 | $333.8M | $184.6M |
净利润FORRLGT
| Q4 25 | $15.4M | $5.3M | ||
| Q3 25 | $86.9M | $1.3M | ||
| Q2 25 | $32.9M | $4.9M | ||
| Q1 25 | $31.6M | $2.5M | ||
| Q4 24 | $16.5M | $6.5M | ||
| Q3 24 | $81.5M | $3.4M | ||
| Q2 24 | $38.7M | $4.8M | ||
| Q1 24 | $45.0M | $-703.0K |
毛利率FORRLGT
| 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FORRLGT
| Q4 25 | 7.6% | 3.2% | ||
| Q3 25 | 16.9% | 0.9% | ||
| Q2 25 | 11.2% | 2.4% | ||
| Q1 25 | 11.6% | 1.6% | ||
| Q4 24 | 8.7% | 3.3% | ||
| Q3 24 | 19.7% | 1.9% | ||
| Q2 24 | 16.2% | 2.4% | ||
| Q1 24 | 17.6% | -0.5% |
净利率FORRLGT
| Q4 25 | 5.6% | 2.3% | ||
| Q3 25 | 13.0% | 0.6% | ||
| Q2 25 | 8.4% | 2.2% | ||
| Q1 25 | 9.0% | 1.2% | ||
| Q4 24 | 6.6% | 2.4% | ||
| Q3 24 | 14.8% | 1.7% | ||
| Q2 24 | 12.2% | 2.3% | ||
| Q1 24 | 13.5% | -0.4% |
每股收益（稀释后）FORRLGT
| Q4 25 | $0.30 | $0.11 | ||
| Q3 25 | $1.70 | $0.03 | ||
| Q2 25 | $0.65 | $0.10 | ||
| Q1 25 | $0.62 | $0.05 | ||
| Q4 24 | $0.32 | $0.13 | ||
| Q3 24 | $1.59 | $0.07 | ||
| Q2 24 | $0.76 | $0.11 | ||
| Q1 24 | $0.89 | $-0.02 |
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 | $31.9M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $229.8M |
| 总资产 | $3.2B | $439.4M |
| 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FORRLGT
| Q4 25 | $211.7M | $31.9M | ||
| Q3 25 | $379.2M | $28.1M | ||
| Q2 25 | $189.2M | $22.9M | ||
| Q1 25 | $174.3M | $19.0M | ||
| Q4 24 | $132.0M | $19.9M | ||
| Q3 24 | $481.2M | $10.4M | ||
| Q2 24 | $359.2M | $24.9M | ||
| Q1 24 | $416.2M | $31.2M |
总债务FORRLGT
| 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FORRLGT
| Q4 25 | $1.8B | $229.8M | ||
| Q3 25 | $1.8B | $225.7M | ||
| Q2 25 | $1.7B | $226.0M | ||
| Q1 25 | $1.6B | $218.2M | ||
| Q4 24 | $1.6B | $214.4M | ||
| Q3 24 | $1.6B | $212.4M | ||
| Q2 24 | $1.5B | $209.4M | ||
| Q1 24 | $1.5B | $206.0M |
总资产FORRLGT
| Q4 25 | $3.2B | $439.4M | ||
| Q3 25 | $3.1B | $445.3M | ||
| Q2 25 | $3.1B | $426.8M | ||
| Q1 25 | $3.0B | $414.5M | ||
| Q4 24 | $3.0B | $386.8M | ||
| Q3 24 | $2.8B | $375.3M | ||
| Q2 24 | $2.7B | $371.2M | ||
| Q1 24 | $2.6B | $364.0M |
负债/权益比FORRLGT
| 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 | $12.4M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $11.6M |
| 自由现金流率自由现金流/营收 | -57.5% | 5.0% |
| 资本支出强度资本支出/营收 | 0.0% | 0.3% |
| 现金转化率经营现金流/净利润 | -10.19× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $8.5M |
8季度趋势，按日历期对齐
经营现金流FORRLGT
| Q4 25 | $-157.0M | $12.4M | ||
| Q3 25 | $256.3M | $2.5M | ||
| Q2 25 | $15.8M | $3.1M | ||
| Q1 25 | $-19.8M | $-5.7M | ||
| Q4 24 | $-450.0M | $15.7M | ||
| Q3 24 | $119.2M | $205.0K | ||
| Q2 24 | $-61.7M | $1.3M | ||
| Q1 24 | $-59.2M | $3.9M |
自由现金流FORRLGT
| Q4 25 | $-157.1M | $11.6M | ||
| Q3 25 | $255.6M | $977.0K | ||
| Q2 25 | $15.0M | $2.2M | ||
| Q1 25 | $-20.5M | $-6.4M | ||
| Q4 24 | — | $14.1M | ||
| Q3 24 | $118.4M | $-1.9M | ||
| Q2 24 | $-62.3M | $-185.0K | ||
| Q1 24 | $-59.8M | $1.8M |
自由现金流率FORRLGT
| Q4 25 | -57.5% | 5.0% | ||
| Q3 25 | 38.1% | 0.4% | ||
| Q2 25 | 3.8% | 1.0% | ||
| Q1 25 | -5.8% | -3.0% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | 21.5% | -0.9% | ||
| Q2 24 | -19.6% | -0.1% | ||
| Q1 24 | -17.9% | 1.0% |
资本支出强度FORRLGT
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | 0.1% | 0.7% | ||
| Q2 25 | 0.2% | 0.4% | ||
| Q1 25 | 0.2% | 0.3% | ||
| Q4 24 | 0.0% | 0.6% | ||
| Q3 24 | 0.1% | 1.0% | ||
| Q2 24 | 0.2% | 0.7% | ||
| Q1 24 | 0.2% | 1.2% |
现金转化率FORRLGT
| Q4 25 | -10.19× | 2.33× | ||
| Q3 25 | 2.95× | 1.90× | ||
| Q2 25 | 0.48× | 0.63× | ||
| Q1 25 | -0.63× | -2.26× | ||
| Q4 24 | -27.27× | 2.43× | ||
| Q3 24 | 1.46× | 0.06× | ||
| Q2 24 | -1.59× | 0.26× | ||
| 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% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
