vs
Forestar Group Inc.（FOR）与UNITIL CORP（UTL）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UNITIL CORP的1.7倍（$273.0M vs $161.5M），UNITIL CORP净利率更高（11.8% vs 5.6%，领先6.1%），UNITIL CORP同比增速更快（26.7% vs 9.0%），UNITIL CORP自由现金流更多（$-36.3M vs $-157.1M），过去两年UNITIL CORP的营收复合增速更高（-4.9% 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。
Unitil是一家跨州电力与天然气公用事业公司，业务覆盖美国新罕布什尔州、马萨诸塞州与缅因州。公司最早前身是1849年在缅因州成立的波特兰煤气灯公司，现企业主体于1984年设立，总部位于新罕布什尔州。目前公司总市值约6.8651亿美元，为约10.24万电力客户、超7.59万天然气客户提供服务。
FOR vs UTL — 直观对比
营收规模更大
FOR
是对方的1.7倍
$161.5M
营收增速更快
UTL
高出17.6%
9.0%
净利率更高
UTL
高出6.1%
5.6%
自由现金流更多
UTL
多$120.8M
$-157.1M
两年增速更快
UTL
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $161.5M |
| 净利润 | $15.4M | $19.0M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 21.5% |
| 净利率 | 5.6% | 11.8% |
| 营收同比 | 9.0% | 26.7% |
| 净利润同比 | -6.7% | 21.8% |
| 每股收益（稀释后） | $0.30 | $1.05 |
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FORUTL
| Q4 25 | $273.0M | $161.5M | ||
| Q3 25 | $670.5M | $101.1M | ||
| Q2 25 | $390.5M | $102.6M | ||
| Q1 25 | $351.0M | $170.8M | ||
| Q4 24 | $250.4M | $127.5M | ||
| Q3 24 | $551.3M | $92.9M | ||
| Q2 24 | $318.4M | $95.7M | ||
| Q1 24 | $333.8M | $178.7M |
净利润FORUTL
| Q4 25 | $15.4M | $19.0M | ||
| Q3 25 | $86.9M | $-300.0K | ||
| Q2 25 | $32.9M | $4.0M | ||
| Q1 25 | $31.6M | $27.5M | ||
| Q4 24 | $16.5M | $15.6M | ||
| Q3 24 | $81.5M | $0 | ||
| Q2 24 | $38.7M | $4.3M | ||
| Q1 24 | $45.0M | $27.2M |
毛利率FORUTL
| 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FORUTL
| Q4 25 | 7.6% | 21.5% | ||
| Q3 25 | 16.9% | 6.9% | ||
| Q2 25 | 11.2% | 13.0% | ||
| Q1 25 | 11.6% | 27.0% | ||
| Q4 24 | 8.7% | 22.1% | ||
| Q3 24 | 19.7% | 6.2% | ||
| Q2 24 | 16.2% | 13.0% | ||
| Q1 24 | 17.6% | 24.7% |
净利率FORUTL
| Q4 25 | 5.6% | 11.8% | ||
| Q3 25 | 13.0% | -0.3% | ||
| Q2 25 | 8.4% | 3.9% | ||
| Q1 25 | 9.0% | 16.1% | ||
| Q4 24 | 6.6% | 12.2% | ||
| Q3 24 | 14.8% | — | ||
| Q2 24 | 12.2% | 4.5% | ||
| Q1 24 | 13.5% | 15.2% |
每股收益（稀释后）FORUTL
| Q4 25 | $0.30 | $1.05 | ||
| Q3 25 | $1.70 | $-0.02 | ||
| Q2 25 | $0.65 | $0.25 | ||
| Q1 25 | $0.62 | $1.69 | ||
| Q4 24 | $0.32 | $0.97 | ||
| Q3 24 | $1.59 | $0.00 | ||
| Q2 24 | $0.76 | $0.27 | ||
| Q1 24 | $0.89 | $1.69 |
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 | $15.6M |
| 总债务越低越好 | $793.2M | $670.5M |
| 股东权益账面价值 | $1.8B | $609.6M |
| 总资产 | $3.2B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.44× | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资FORUTL
| Q4 25 | $211.7M | $15.6M | ||
| Q3 25 | $379.2M | $14.6M | ||
| Q2 25 | $189.2M | $8.5M | ||
| Q1 25 | $174.3M | $10.2M | ||
| Q4 24 | $132.0M | $6.3M | ||
| Q3 24 | $481.2M | $6.3M | ||
| Q2 24 | $359.2M | $2.8M | ||
| Q1 24 | $416.2M | $6.3M |
总债务FORUTL
| Q4 25 | $793.2M | $670.5M | ||
| Q3 25 | $802.7M | $670.5M | ||
| Q2 25 | $872.8M | $640.7M | ||
| Q1 25 | $872.5M | $642.1M | ||
| Q4 24 | $806.8M | $643.3M | ||
| Q3 24 | $706.4M | $643.3M | ||
| Q2 24 | $706.1M | $511.3M | ||
| Q1 24 | $705.7M | $512.8M |
股东权益FORUTL
| Q4 25 | $1.8B | $609.6M | ||
| Q3 25 | $1.8B | $597.2M | ||
| Q2 25 | $1.7B | $532.8M | ||
| Q1 25 | $1.6B | $534.1M | ||
| Q4 24 | $1.6B | $512.5M | ||
| Q3 24 | $1.6B | $502.4M | ||
| Q2 24 | $1.5B | $508.8M | ||
| Q1 24 | $1.5B | $510.8M |
总资产FORUTL
| Q4 25 | $3.2B | $2.1B | ||
| Q3 25 | $3.1B | $1.9B | ||
| Q2 25 | $3.1B | $1.9B | ||
| Q1 25 | $3.0B | $1.9B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $2.8B | $1.7B | ||
| Q2 24 | $2.7B | $1.7B | ||
| Q1 24 | $2.6B | $1.7B |
负债/权益比FORUTL
| Q4 25 | 0.44× | 1.10× | ||
| Q3 25 | 0.45× | 1.12× | ||
| Q2 25 | 0.52× | 1.20× | ||
| Q1 25 | 0.53× | 1.20× | ||
| Q4 24 | 0.50× | 1.26× | ||
| Q3 24 | 0.44× | 1.28× | ||
| Q2 24 | 0.47× | 1.00× | ||
| Q1 24 | 0.48× | 1.00× |
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 | $21.4M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $-36.3M |
| 自由现金流率自由现金流/营收 | -57.5% | -22.5% |
| 资本支出强度资本支出/营收 | 0.0% | 35.7% |
| 现金转化率经营现金流/净利润 | -10.19× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $93.0M | $-53.8M |
8季度趋势，按日历期对齐
经营现金流FORUTL
| Q4 25 | $-157.0M | $21.4M | ||
| Q3 25 | $256.3M | $15.6M | ||
| Q2 25 | $15.8M | $42.2M | ||
| Q1 25 | $-19.8M | $52.1M | ||
| Q4 24 | $-450.0M | $23.3M | ||
| Q3 24 | $119.2M | $26.1M | ||
| Q2 24 | $-61.7M | $49.9M | ||
| Q1 24 | $-59.2M | $26.6M |
自由现金流FORUTL
| Q4 25 | $-157.1M | $-36.3M | ||
| Q3 25 | $255.6M | $-39.0M | ||
| Q2 25 | $15.0M | $2.0M | ||
| Q1 25 | $-20.5M | $19.5M | ||
| Q4 24 | — | $-32.3M | ||
| Q3 24 | $118.4M | $-31.3M | ||
| Q2 24 | $-62.3M | $13.2M | ||
| Q1 24 | $-59.8M | $6.4M |
自由现金流率FORUTL
| Q4 25 | -57.5% | -22.5% | ||
| Q3 25 | 38.1% | -38.6% | ||
| Q2 25 | 3.8% | 1.9% | ||
| Q1 25 | -5.8% | 11.4% | ||
| Q4 24 | — | -25.3% | ||
| Q3 24 | 21.5% | -33.7% | ||
| Q2 24 | -19.6% | 13.8% | ||
| Q1 24 | -17.9% | 3.6% |
资本支出强度FORUTL
| Q4 25 | 0.0% | 35.7% | ||
| Q3 25 | 0.1% | 54.0% | ||
| Q2 25 | 0.2% | 39.2% | ||
| Q1 25 | 0.2% | 19.1% | ||
| Q4 24 | 0.0% | 43.6% | ||
| Q3 24 | 0.1% | 61.8% | ||
| Q2 24 | 0.2% | 38.3% | ||
| Q1 24 | 0.2% | 11.3% |
现金转化率FORUTL
| Q4 25 | -10.19× | 1.13× | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 0.48× | 10.55× | ||
| Q1 25 | -0.63× | 1.89× | ||
| Q4 24 | -27.27× | 1.49× | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | -1.59× | 11.60× | ||
| Q1 24 | -1.32× | 0.98× |
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% |
UTL
暂无分部数据
