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Forestar Group Inc.（FOR）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）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VIRTUS INVESTMENT PARTNERS, INC.的1.4倍（$273.0M vs $199.5M），Forestar Group Inc.净利率更高（5.6% vs 3.6%，领先2.1%），Forestar Group Inc.同比增速更快（9.0% vs -4.1%），过去两年VIRTUS INVESTMENT PARTNERS, INC.的营收复合增速更高（-5.7% 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。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
FOR vs VRTS — 直观对比
营收规模更大
FOR
是对方的1.4倍
$199.5M
营收增速更快
FOR
高出13.1%
-4.1%
净利率更高
FOR
高出2.1%
3.6%
两年增速更快
VRTS
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $199.5M |
| 净利润 | $15.4M | $7.1M |
| 毛利率 | 20.1% | — |
| 营业利润率 | 7.6% | 7.7% |
| 净利率 | 5.6% | 3.6% |
| 营收同比 | 9.0% | -4.1% |
| 净利润同比 | -6.7% | -78.1% |
| 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FORVRTS
| Q1 26 | — | $199.5M | ||
| Q4 25 | $273.0M | $208.0M | ||
| Q3 25 | $670.5M | $216.4M | ||
| Q2 25 | $390.5M | $210.5M | ||
| Q1 25 | $351.0M | $217.9M | ||
| Q4 24 | $250.4M | $233.5M | ||
| Q3 24 | $551.3M | $227.0M | ||
| Q2 24 | $318.4M | $224.4M |
净利润FORVRTS
| Q1 26 | — | $7.1M | ||
| Q4 25 | $15.4M | $33.9M | ||
| Q3 25 | $86.9M | $31.3M | ||
| Q2 25 | $32.9M | $42.7M | ||
| Q1 25 | $31.6M | $28.1M | ||
| Q4 24 | $16.5M | $39.5M | ||
| Q3 24 | $81.5M | $49.1M | ||
| Q2 24 | $38.7M | $26.0M |
毛利率FORVRTS
| Q1 26 | — | — | ||
| 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% | — |
营业利润率FORVRTS
| Q1 26 | — | 7.7% | ||
| Q4 25 | 7.6% | 19.1% | ||
| Q3 25 | 16.9% | 21.7% | ||
| Q2 25 | 11.2% | 21.5% | ||
| Q1 25 | 11.6% | 16.8% | ||
| Q4 24 | 8.7% | 21.7% | ||
| Q3 24 | 19.7% | 24.3% | ||
| Q2 24 | 16.2% | 19.7% |
净利率FORVRTS
| Q1 26 | — | 3.6% | ||
| Q4 25 | 5.6% | 16.3% | ||
| Q3 25 | 13.0% | 14.5% | ||
| Q2 25 | 8.4% | 20.3% | ||
| Q1 25 | 9.0% | 12.9% | ||
| Q4 24 | 6.6% | 16.9% | ||
| Q3 24 | 14.8% | 21.6% | ||
| Q2 24 | 12.2% | 11.6% |
每股收益（稀释后）FORVRTS
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.30 | $5.15 | ||
| Q3 25 | $1.70 | $4.65 | ||
| Q2 25 | $0.65 | $6.12 | ||
| Q1 25 | $0.62 | $4.05 | ||
| Q4 24 | $0.32 | $4.65 | ||
| Q3 24 | $1.59 | $5.71 | ||
| Q2 24 | $0.76 | $2.43 |
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 | $136.6M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $93.6B |
| 总资产 | $3.2B | — |
| 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FORVRTS
| Q1 26 | — | $136.6M | ||
| Q4 25 | $211.7M | — | ||
| Q3 25 | $379.2M | — | ||
| Q2 25 | $189.2M | — | ||
| Q1 25 | $174.3M | — | ||
| Q4 24 | $132.0M | — | ||
| Q3 24 | $481.2M | — | ||
| Q2 24 | $359.2M | — |
总债务FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | $793.2M | $390.0M | ||
| Q3 25 | $802.7M | $390.6M | ||
| Q2 25 | $872.8M | $231.3M | ||
| Q1 25 | $872.5M | $231.7M | ||
| Q4 24 | $806.8M | $232.1M | ||
| Q3 24 | $706.4M | $237.5M | ||
| Q2 24 | $706.1M | $247.6M |
股东权益FORVRTS
| Q1 26 | — | $93.6B | ||
| Q4 25 | $1.8B | $934.0M | ||
| Q3 25 | $1.8B | $918.7M | ||
| Q2 25 | $1.7B | $896.4M | ||
| Q1 25 | $1.6B | $893.7M | ||
| Q4 24 | $1.6B | $897.5M | ||
| Q3 24 | $1.6B | $889.0M | ||
| Q2 24 | $1.5B | $868.7M |
总资产FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | $3.2B | $4.3B | ||
| Q3 25 | $3.1B | $3.9B | ||
| Q2 25 | $3.1B | $3.7B | ||
| Q1 25 | $3.0B | $3.7B | ||
| Q4 24 | $3.0B | $4.0B | ||
| Q3 24 | $2.8B | $3.6B | ||
| Q2 24 | $2.7B | $3.6B |
负债/权益比FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | 0.44× | 0.42× | ||
| Q3 25 | 0.45× | 0.43× | ||
| Q2 25 | 0.52× | 0.26× | ||
| Q1 25 | 0.53× | 0.26× | ||
| Q4 24 | 0.50× | 0.26× | ||
| Q3 24 | 0.44× | 0.27× | ||
| Q2 24 | 0.47× | 0.29× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | — |
| 自由现金流率自由现金流/营收 | -57.5% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | $-157.0M | $-67.2M | ||
| Q3 25 | $256.3M | $108.3M | ||
| Q2 25 | $15.8M | $75.8M | ||
| Q1 25 | $-19.8M | $-3.8M | ||
| Q4 24 | $-450.0M | $1.8M | ||
| Q3 24 | $119.2M | $69.1M | ||
| Q2 24 | $-61.7M | $70.0M |
自由现金流FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | $-157.1M | $-74.1M | ||
| Q3 25 | $255.6M | $106.9M | ||
| Q2 25 | $15.0M | $74.2M | ||
| Q1 25 | $-20.5M | $-6.8M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | $118.4M | $68.7M | ||
| Q2 24 | $-62.3M | $68.6M |
自由现金流率FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | -57.5% | -35.6% | ||
| Q3 25 | 38.1% | 49.4% | ||
| Q2 25 | 3.8% | 35.2% | ||
| Q1 25 | -5.8% | -3.1% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | 21.5% | 30.3% | ||
| Q2 24 | -19.6% | 30.6% |
资本支出强度FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 3.3% | ||
| Q3 25 | 0.1% | 0.7% | ||
| Q2 25 | 0.2% | 0.7% | ||
| Q1 25 | 0.2% | 1.4% | ||
| Q4 24 | 0.0% | 2.4% | ||
| Q3 24 | 0.1% | 0.2% | ||
| Q2 24 | 0.2% | 0.6% |
现金转化率FORVRTS
| Q1 26 | — | — | ||
| Q4 25 | -10.19× | -1.99× | ||
| Q3 25 | 2.95× | 3.45× | ||
| Q2 25 | 0.48× | 1.77× | ||
| Q1 25 | -0.63× | -0.13× | ||
| Q4 24 | -27.27× | 0.04× | ||
| Q3 24 | 1.46× | 1.41× | ||
| Q2 24 | -1.59× | 2.69× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
