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Forestar Group Inc.（FOR）与SSR MINING INC.（SSRM）财务数据对比。点击上方公司名可切换其他公司
SSR MINING INC.的季度营收约是Forestar Group Inc.的1.9倍（$521.7M vs $273.0M），SSR MINING INC.净利率更高（34.8% vs 5.6%，领先29.1%），SSR MINING INC.同比增速更快（61.4% vs 9.0%），SSR MINING INC.自由现金流更多（$106.4M vs $-157.1M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
FOR vs SSRM — 直观对比
营收规模更大
SSRM
是对方的1.9倍
$273.0M
营收增速更快
SSRM
高出52.4%
9.0%
净利率更高
SSRM
高出29.1%
5.6%
自由现金流更多
SSRM
多$263.5M
$-157.1M
两年增速更快
SSRM
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $521.7M |
| 净利润 | $15.4M | $181.5M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 38.8% |
| 净利率 | 5.6% | 34.8% |
| 营收同比 | 9.0% | 61.4% |
| 净利润同比 | -6.7% | 3166.6% |
| 每股收益（稀释后） | $0.30 | $0.84 |
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FORSSRM
| Q4 25 | $273.0M | $521.7M | ||
| Q3 25 | $670.5M | $385.8M | ||
| Q2 25 | $390.5M | $405.5M | ||
| Q1 25 | $351.0M | $316.6M | ||
| Q4 24 | $250.4M | $323.2M | ||
| Q3 24 | $551.3M | $257.4M | ||
| Q2 24 | $318.4M | $184.8M | ||
| Q1 24 | $333.8M | $230.2M |
净利润FORSSRM
| Q4 25 | $15.4M | $181.5M | ||
| Q3 25 | $86.9M | $65.4M | ||
| Q2 25 | $32.9M | $90.1M | ||
| Q1 25 | $31.6M | $58.8M | ||
| Q4 24 | $16.5M | $5.6M | ||
| Q3 24 | $81.5M | $10.6M | ||
| Q2 24 | $38.7M | $9.7M | ||
| Q1 24 | $45.0M | $-287.1M |
毛利率FORSSRM
| 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FORSSRM
| Q4 25 | 7.6% | 38.8% | ||
| Q3 25 | 16.9% | 21.6% | ||
| Q2 25 | 11.2% | 26.9% | ||
| Q1 25 | 11.6% | 21.1% | ||
| Q4 24 | 8.7% | 10.6% | ||
| Q3 24 | 19.7% | 3.5% | ||
| Q2 24 | 16.2% | 5.8% | ||
| Q1 24 | 17.6% | -163.5% |
净利率FORSSRM
| Q4 25 | 5.6% | 34.8% | ||
| Q3 25 | 13.0% | 17.0% | ||
| Q2 25 | 8.4% | 22.2% | ||
| Q1 25 | 9.0% | 18.6% | ||
| Q4 24 | 6.6% | 1.7% | ||
| Q3 24 | 14.8% | 4.1% | ||
| Q2 24 | 12.2% | 5.2% | ||
| Q1 24 | 13.5% | -124.7% |
每股收益（稀释后）FORSSRM
| Q4 25 | $0.30 | $0.84 | ||
| Q3 25 | $1.70 | $0.31 | ||
| Q2 25 | $0.65 | $0.42 | ||
| Q1 25 | $0.62 | $0.28 | ||
| Q4 24 | $0.32 | $0.03 | ||
| Q3 24 | $1.59 | $0.05 | ||
| Q2 24 | $0.76 | $0.05 | ||
| Q1 24 | $0.89 | $-1.42 |
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 | $575.6M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $3.5B |
| 总资产 | $3.2B | $6.1B |
| 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FORSSRM
| Q4 25 | $211.7M | $575.6M | ||
| Q3 25 | $379.2M | $445.4M | ||
| Q2 25 | $189.2M | $438.5M | ||
| Q1 25 | $174.3M | $341.3M | ||
| Q4 24 | $132.0M | $417.3M | ||
| Q3 24 | $481.2M | $365.8M | ||
| Q2 24 | $359.2M | $384.4M | ||
| Q1 24 | $416.2M | $492.0M |
总债务FORSSRM
| Q4 25 | $793.2M | — | ||
| Q3 25 | $802.7M | — | ||
| Q2 25 | $872.8M | — | ||
| Q1 25 | $872.5M | — | ||
| Q4 24 | $806.8M | $228.6M | ||
| Q3 24 | $706.4M | $228.3M | ||
| Q2 24 | $706.1M | $228.0M | ||
| Q1 24 | $705.7M | $228.7M |
股东权益FORSSRM
| Q4 25 | $1.8B | $3.5B | ||
| Q3 25 | $1.8B | $3.3B | ||
| Q2 25 | $1.7B | $3.3B | ||
| Q1 25 | $1.6B | $3.2B | ||
| Q4 24 | $1.6B | $3.1B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.5B | $3.1B | ||
| Q1 24 | $1.5B | $3.1B |
总资产FORSSRM
| Q4 25 | $3.2B | $6.1B | ||
| Q3 25 | $3.1B | $5.9B | ||
| Q2 25 | $3.1B | $5.8B | ||
| Q1 25 | $3.0B | $5.6B | ||
| Q4 24 | $3.0B | $5.2B | ||
| Q3 24 | $2.8B | $5.1B | ||
| Q2 24 | $2.7B | $5.2B | ||
| Q1 24 | $2.6B | $5.3B |
负债/权益比FORSSRM
| Q4 25 | 0.44× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.50× | 0.07× | ||
| Q3 24 | 0.44× | 0.07× | ||
| Q2 24 | 0.47× | 0.07× | ||
| Q1 24 | 0.48× | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $106.4M |
| 自由现金流率自由现金流/营收 | -57.5% | 20.4% |
| 资本支出强度资本支出/营收 | 0.0% | 12.6% |
| 现金转化率经营现金流/净利润 | -10.19× | 0.95× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $241.6M |
8季度趋势，按日历期对齐
经营现金流FORSSRM
| Q4 25 | $-157.0M | $172.1M | ||
| Q3 25 | $256.3M | $57.2M | ||
| Q2 25 | $15.8M | $157.8M | ||
| Q1 25 | $-19.8M | $84.8M | ||
| Q4 24 | $-450.0M | $95.0M | ||
| Q3 24 | $119.2M | $-1.3M | ||
| Q2 24 | $-61.7M | $-78.1M | ||
| Q1 24 | $-59.2M | $24.6M |
自由现金流FORSSRM
| Q4 25 | $-157.1M | $106.4M | ||
| Q3 25 | $255.6M | $-2.4M | ||
| Q2 25 | $15.0M | $98.4M | ||
| Q1 25 | $-20.5M | $39.3M | ||
| Q4 24 | — | $56.4M | ||
| Q3 24 | $118.4M | $-34.1M | ||
| Q2 24 | $-62.3M | $-116.3M | ||
| Q1 24 | $-59.8M | $-9.4M |
自由现金流率FORSSRM
| Q4 25 | -57.5% | 20.4% | ||
| Q3 25 | 38.1% | -0.6% | ||
| Q2 25 | 3.8% | 24.3% | ||
| Q1 25 | -5.8% | 12.4% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | 21.5% | -13.2% | ||
| Q2 24 | -19.6% | -62.9% | ||
| Q1 24 | -17.9% | -4.1% |
资本支出强度FORSSRM
| Q4 25 | 0.0% | 12.6% | ||
| Q3 25 | 0.1% | 15.4% | ||
| Q2 25 | 0.2% | 14.7% | ||
| Q1 25 | 0.2% | 14.4% | ||
| Q4 24 | 0.0% | 11.9% | ||
| Q3 24 | 0.1% | 12.7% | ||
| Q2 24 | 0.2% | 20.7% | ||
| Q1 24 | 0.2% | 14.8% |
现金转化率FORSSRM
| Q4 25 | -10.19× | 0.95× | ||
| Q3 25 | 2.95× | 0.87× | ||
| Q2 25 | 0.48× | 1.75× | ||
| Q1 25 | -0.63× | 1.44× | ||
| Q4 24 | -27.27× | 17.10× | ||
| Q3 24 | 1.46× | -0.13× | ||
| Q2 24 | -1.59× | -8.06× | ||
| 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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
