vs
Forestar Group Inc.（FOR）与Xometry, Inc.（XMTR）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Xometry, Inc.的1.4倍（$273.0M vs $192.4M），Forestar Group Inc.净利率更高（5.6% vs -4.5%，领先10.1%），Xometry, Inc.同比增速更快（29.5% vs 9.0%），Xometry, Inc.自由现金流更多（$-5.9M vs $-157.1M），过去两年Xometry, Inc.的营收复合增速更高（25.2% 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。
Xometry是一家按需制造零部件采购线上平台，服务覆盖原型研发到规模化生产的全流程需求，为各行业客户高效匹配制造产能，简化定制零部件的采购流程，助力企业缩短产品落地周期。
FOR vs XMTR — 直观对比
营收规模更大
FOR
是对方的1.4倍
$192.4M
营收增速更快
XMTR
高出20.5%
9.0%
净利率更高
FOR
高出10.1%
-4.5%
自由现金流更多
XMTR
多$151.2M
$-157.1M
两年增速更快
XMTR
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $273.0M | $192.4M |
| 净利润 | $15.4M | $-8.6M |
| 毛利率 | 20.1% | 39.1% |
| 营业利润率 | 7.6% | -4.6% |
| 净利率 | 5.6% | -4.5% |
| 营收同比 | 9.0% | 29.5% |
| 净利润同比 | -6.7% | 12.7% |
| 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FORXMTR
| Q4 25 | $273.0M | $192.4M | ||
| Q3 25 | $670.5M | $180.7M | ||
| Q2 25 | $390.5M | $162.5M | ||
| Q1 25 | $351.0M | $151.0M | ||
| Q4 24 | $250.4M | $148.5M | ||
| Q3 24 | $551.3M | $141.7M | ||
| Q2 24 | $318.4M | $132.6M | ||
| Q1 24 | $333.8M | $122.7M |
净利润FORXMTR
| Q4 25 | $15.4M | $-8.6M | ||
| Q3 25 | $86.9M | $-11.6M | ||
| Q2 25 | $32.9M | $-26.4M | ||
| Q1 25 | $31.6M | $-15.1M | ||
| Q4 24 | $16.5M | $-9.9M | ||
| Q3 24 | $81.5M | $-10.2M | ||
| Q2 24 | $38.7M | $-13.7M | ||
| Q1 24 | $45.0M | $-16.6M |
毛利率FORXMTR
| Q4 25 | 20.1% | 39.1% | ||
| Q3 25 | 22.3% | 39.9% | ||
| Q2 25 | 20.4% | 40.1% | ||
| Q1 25 | 22.6% | 37.3% | ||
| Q4 24 | 22.0% | 39.7% | ||
| Q3 24 | 23.9% | 39.4% | ||
| Q2 24 | 22.5% | 39.9% | ||
| Q1 24 | 24.9% | 39.0% |
营业利润率FORXMTR
| Q4 25 | 7.6% | -4.6% | ||
| Q3 25 | 16.9% | -6.1% | ||
| Q2 25 | 11.2% | -6.3% | ||
| Q1 25 | 11.6% | -10.2% | ||
| Q4 24 | 8.7% | -7.8% | ||
| Q3 24 | 19.7% | -8.1% | ||
| Q2 24 | 16.2% | -11.5% | ||
| Q1 24 | 17.6% | -14.6% |
净利率FORXMTR
| Q4 25 | 5.6% | -4.5% | ||
| Q3 25 | 13.0% | -6.4% | ||
| Q2 25 | 8.4% | -16.3% | ||
| Q1 25 | 9.0% | -10.0% | ||
| Q4 24 | 6.6% | -6.7% | ||
| Q3 24 | 14.8% | -7.2% | ||
| Q2 24 | 12.2% | -10.3% | ||
| Q1 24 | 13.5% | -13.5% |
每股收益（稀释后）FORXMTR
| 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 | $219.1M |
| 总债务越低越好 | $793.2M | — |
| 股东权益账面价值 | $1.8B | $275.6M |
| 总资产 | $3.2B | $703.7M |
| 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FORXMTR
| Q4 25 | $211.7M | $219.1M | ||
| Q3 25 | $379.2M | $224.5M | ||
| Q2 25 | $189.2M | $225.8M | ||
| Q1 25 | $174.3M | $231.4M | ||
| Q4 24 | $132.0M | $239.8M | ||
| Q3 24 | $481.2M | $234.0M | ||
| Q2 24 | $359.2M | $240.9M | ||
| Q1 24 | $416.2M | $253.8M |
总债务FORXMTR
| 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FORXMTR
| Q4 25 | $1.8B | $275.6M | ||
| Q3 25 | $1.8B | $272.0M | ||
| Q2 25 | $1.7B | $270.4M | ||
| Q1 25 | $1.6B | $309.9M | ||
| Q4 24 | $1.6B | $314.5M | ||
| Q3 24 | $1.6B | $315.2M | ||
| Q2 24 | $1.5B | $315.8M | ||
| Q1 24 | $1.5B | $320.4M |
总资产FORXMTR
| Q4 25 | $3.2B | $703.7M | ||
| Q3 25 | $3.1B | $698.9M | ||
| Q2 25 | $3.1B | $687.0M | ||
| Q1 25 | $3.0B | $690.1M | ||
| Q4 24 | $3.0B | $680.1M | ||
| Q3 24 | $2.8B | $678.2M | ||
| Q2 24 | $2.7B | $678.6M | ||
| Q1 24 | $2.6B | $692.5M |
负债/权益比FORXMTR
| 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 | $4.4M |
| 自由现金流经营现金流 - 资本支出 | $-157.1M | $-5.9M |
| 自由现金流率自由现金流/营收 | -57.5% | -3.0% |
| 资本支出强度资本支出/营收 | 0.0% | 5.3% |
| 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 | $-24.1M |
8季度趋势，按日历期对齐
经营现金流FORXMTR
| Q4 25 | $-157.0M | $4.4M | ||
| Q3 25 | $256.3M | $5.8M | ||
| Q2 25 | $15.8M | $-427.0K | ||
| Q1 25 | $-19.8M | $-3.7M | ||
| Q4 24 | $-450.0M | $9.1M | ||
| Q3 24 | $119.2M | $-3.6M | ||
| Q2 24 | $-61.7M | $-9.1M | ||
| Q1 24 | $-59.2M | $-11.7M |
自由现金流FORXMTR
| Q4 25 | $-157.1M | $-5.9M | ||
| Q3 25 | $255.6M | $-1.7M | ||
| Q2 25 | $15.0M | $-7.4M | ||
| Q1 25 | $-20.5M | $-9.2M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | $118.4M | $-8.4M | ||
| Q2 24 | $-62.3M | $-13.5M | ||
| Q1 24 | $-59.8M | $-16.1M |
自由现金流率FORXMTR
| Q4 25 | -57.5% | -3.0% | ||
| Q3 25 | 38.1% | -0.9% | ||
| Q2 25 | 3.8% | -4.5% | ||
| Q1 25 | -5.8% | -6.1% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | 21.5% | -6.0% | ||
| Q2 24 | -19.6% | -10.2% | ||
| Q1 24 | -17.9% | -13.1% |
资本支出强度FORXMTR
| Q4 25 | 0.0% | 5.3% | ||
| Q3 25 | 0.1% | 4.1% | ||
| Q2 25 | 0.2% | 4.3% | ||
| Q1 25 | 0.2% | 3.6% | ||
| Q4 24 | 0.0% | 3.1% | ||
| Q3 24 | 0.1% | 3.4% | ||
| Q2 24 | 0.2% | 3.3% | ||
| Q1 24 | 0.2% | 3.5% |
现金转化率FORXMTR
| 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% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
