vs
Forestar Group Inc.（FOR）与STRATASYS LTD.（SSYS）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STRATASYS LTD.的2.0倍（$273.0M vs $137.0M），Forestar Group Inc.净利率更高（5.6% vs -40.6%，领先46.3%），Forestar Group Inc.同比增速更快（9.0% vs -2.2%），STRATASYS LTD.自由现金流更多（$2.5M vs $-157.1M），过去两年STRATASYS LTD.的营收复合增速更高（-7.4% 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。
Stratasys是一家美以合资的增材制造企业，总部注册于以色列，主营聚合物3D打印设备、配套软件与打印材料，同时按需提供3D打印零部件服务。其3D打印方案被工程领域广泛采用，可加工ABS、聚碳酸酯、尼龙12等多种聚合物材料，适配复杂几何构件的建模生产。
FOR vs SSYS — 直观对比
营收规模更大
FOR
是对方的2.0倍
$137.0M
营收增速更快
FOR
高出11.2%
-2.2%
净利率更高
FOR
高出46.3%
-40.6%
自由现金流更多
SSYS
多$159.6M
$-157.1M
两年增速更快
SSYS
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $137.0M |
| 净利润 | $15.4M | $-55.6M |
| 毛利率 | 20.1% | 41.0% |
| 营业利润率 | 7.6% | -16.6% |
| 净利率 | 5.6% | -40.6% |
| 营收同比 | 9.0% | -2.2% |
| 净利润同比 | -6.7% | -109.0% |
| 每股收益（稀释后） | $0.30 | — |
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FORSSYS
| Q4 25 | $273.0M | — | ||
| Q3 25 | $670.5M | $137.0M | ||
| Q2 25 | $390.5M | $138.1M | ||
| Q1 25 | $351.0M | $136.0M | ||
| Q4 24 | $250.4M | — | ||
| Q3 24 | $551.3M | $140.0M | ||
| Q2 24 | $318.4M | $138.0M | ||
| Q1 24 | $333.8M | $144.1M |
净利润FORSSYS
| Q4 25 | $15.4M | — | ||
| Q3 25 | $86.9M | $-55.6M | ||
| Q2 25 | $32.9M | $-16.7M | ||
| Q1 25 | $31.6M | $-13.1M | ||
| Q4 24 | $16.5M | — | ||
| Q3 24 | $81.5M | $-26.6M | ||
| Q2 24 | $38.7M | $-25.7M | ||
| Q1 24 | $45.0M | $-26.0M |
毛利率FORSSYS
| Q4 25 | 20.1% | — | ||
| Q3 25 | 22.3% | 41.0% | ||
| Q2 25 | 20.4% | 43.1% | ||
| Q1 25 | 22.6% | 44.3% | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 23.9% | 44.8% | ||
| Q2 24 | 22.5% | 43.8% | ||
| Q1 24 | 24.9% | 44.4% |
营业利润率FORSSYS
| Q4 25 | 7.6% | — | ||
| Q3 25 | 16.9% | -16.6% | ||
| Q2 25 | 11.2% | -12.0% | ||
| Q1 25 | 11.6% | -9.1% | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 19.7% | -18.2% | ||
| Q2 24 | 16.2% | -18.9% | ||
| Q1 24 | 17.6% | -17.0% |
净利率FORSSYS
| Q4 25 | 5.6% | — | ||
| Q3 25 | 13.0% | -40.6% | ||
| Q2 25 | 8.4% | -12.1% | ||
| Q1 25 | 9.0% | -9.6% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 14.8% | -19.0% | ||
| Q2 24 | 12.2% | -18.6% | ||
| Q1 24 | 13.5% | -18.0% |
每股收益（稀释后）FORSSYS
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.70 | — | ||
| Q2 25 | $0.65 | — | ||
| Q1 25 | $0.62 | — | ||
| Q4 24 | $0.32 | — | ||
| Q3 24 | $1.59 | — | ||
| Q2 24 | $0.76 | — | ||
| Q1 24 | $0.89 | — |
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 | $71.5M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $852.5M |
| 总资产 | $3.2B | $1.1B |
| 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FORSSYS
| Q4 25 | $211.7M | — | ||
| Q3 25 | $379.2M | $71.5M | ||
| Q2 25 | $189.2M | $71.1M | ||
| Q1 25 | $174.3M | $70.1M | ||
| Q4 24 | $132.0M | — | ||
| Q3 24 | $481.2M | $64.0M | ||
| Q2 24 | $359.2M | $70.9M | ||
| Q1 24 | $416.2M | $91.1M |
总债务FORSSYS
| 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FORSSYS
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | $852.5M | ||
| Q2 25 | $1.7B | $902.4M | ||
| Q1 25 | $1.6B | $784.8M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | $831.8M | ||
| Q2 24 | $1.5B | $850.5M | ||
| Q1 24 | $1.5B | $866.1M |
总资产FORSSYS
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.1B | $1.1B | ||
| Q2 25 | $3.1B | $1.1B | ||
| Q1 25 | $3.0B | $1.0B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.8B | $1.1B | ||
| Q2 24 | $2.7B | $1.1B | ||
| Q1 24 | $2.6B | $1.1B |
负债/权益比FORSSYS
| 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 | $6.9M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $2.5M |
| 自由现金流率自由现金流/营收 | -57.5% | 1.8% |
| 资本支出强度资本支出/营收 | 0.0% | 3.2% |
| 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 | $-11.5M |
8季度趋势，按日历期对齐
经营现金流FORSSYS
| Q4 25 | $-157.0M | — | ||
| Q3 25 | $256.3M | $6.9M | ||
| Q2 25 | $15.8M | $-1.1M | ||
| Q1 25 | $-19.8M | $4.5M | ||
| Q4 24 | $-450.0M | — | ||
| Q3 24 | $119.2M | $-4.5M | ||
| Q2 24 | $-61.7M | $-2.4M | ||
| Q1 24 | $-59.2M | $7.3M |
自由现金流FORSSYS
| Q4 25 | $-157.1M | — | ||
| Q3 25 | $255.6M | $2.5M | ||
| Q2 25 | $15.0M | $-8.4M | ||
| Q1 25 | $-20.5M | $789.0K | ||
| Q4 24 | — | — | ||
| Q3 24 | $118.4M | $-6.3M | ||
| Q2 24 | $-62.3M | $-4.9M | ||
| Q1 24 | $-59.8M | $5.0M |
自由现金流率FORSSYS
| Q4 25 | -57.5% | — | ||
| Q3 25 | 38.1% | 1.8% | ||
| Q2 25 | 3.8% | -6.1% | ||
| Q1 25 | -5.8% | 0.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | 21.5% | -4.5% | ||
| Q2 24 | -19.6% | -3.6% | ||
| Q1 24 | -17.9% | 3.5% |
资本支出强度FORSSYS
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | 3.2% | ||
| Q2 25 | 0.2% | 5.3% | ||
| Q1 25 | 0.2% | 2.8% | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.1% | 1.3% | ||
| Q2 24 | 0.2% | 1.8% | ||
| Q1 24 | 0.2% | 1.6% |
现金转化率FORSSYS
| 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× | — | ||
| 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% |
SSYS
暂无分部数据
