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弗雷斯特研究公司（FORR）与InvenTrust Properties Corp.（IVT）财务数据对比。点击上方公司名可切换其他公司
弗雷斯特研究公司的季度营收约是InvenTrust Properties Corp.的1.3倍（$101.1M vs $77.4M），InvenTrust Properties Corp.净利率更高（3.4% vs -33.5%，领先37.0%），InvenTrust Properties Corp.同比增速更快（8.6% vs -6.5%），InvenTrust Properties Corp.自由现金流更多（$110.9M vs $-4.3M），过去两年InvenTrust Properties Corp.的营收复合增速更高（7.6% vs 0.5%）
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
InvenTrust Properties Corp.是一家专注于购物中心投资的房地产投资信托基金，截至2024年12月31日，公司共持有68处物业的权益，总建筑面积达1100万平方英尺，在商业地产投资领域拥有成熟的运营布局与资产储备。
FORR vs IVT — 直观对比
营收规模更大
FORR
是对方的1.3倍
$77.4M
营收增速更快
IVT
高出15.1%
-6.5%
净利率更高
IVT
高出37.0%
-33.5%
自由现金流更多
IVT
多$115.2M
$-4.3M
两年增速更快
IVT
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $77.4M |
| 净利润 | $-33.9M | $2.7M |
| 毛利率 | 56.7% | — |
| 营业利润率 | -36.6% | -11.0% |
| 净利率 | -33.5% | 3.4% |
| 营收同比 | -6.5% | 8.6% |
| 净利润同比 | -7941.4% | -72.8% |
| 每股收益（稀释后） | $-1.75 | $0.02 |
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FORRIVT
| Q4 25 | $101.1M | $77.4M | ||
| Q3 25 | $94.3M | $74.5M | ||
| Q2 25 | $111.7M | $73.6M | ||
| Q1 25 | $89.9M | $73.8M | ||
| Q4 24 | $108.0M | $71.2M | ||
| Q3 24 | $102.5M | $68.5M | ||
| Q2 24 | $121.8M | $67.4M | ||
| Q1 24 | $100.1M | $66.8M |
净利润FORRIVT
| Q4 25 | $-33.9M | $2.7M | ||
| Q3 25 | $-2.1M | $6.0M | ||
| Q2 25 | $3.9M | $95.9M | ||
| Q1 25 | $-87.3M | $6.8M | ||
| Q4 24 | $432.0K | $9.8M | ||
| Q3 24 | $-5.8M | $-539.0K | ||
| Q2 24 | $6.3M | $1.5M | ||
| Q1 24 | $-6.7M | $2.9M |
毛利率FORRIVT
| Q4 25 | 56.7% | — | ||
| Q3 25 | 60.0% | — | ||
| Q2 25 | 55.5% | — | ||
| Q1 25 | 55.9% | — | ||
| Q4 24 | 58.8% | — | ||
| Q3 24 | 60.5% | — | ||
| Q2 24 | 57.3% | — | ||
| Q1 24 | 54.9% | — |
营业利润率FORRIVT
| Q4 25 | -36.6% | -11.0% | ||
| Q3 25 | 4.7% | -9.8% | ||
| Q2 25 | 6.2% | — | ||
| Q1 25 | -97.5% | -10.5% | ||
| Q4 24 | -0.5% | -3.6% | ||
| Q3 24 | -0.7% | -18.7% | ||
| Q2 24 | 9.3% | -13.6% | ||
| Q1 24 | -9.3% | -13.1% |
净利率FORRIVT
| Q4 25 | -33.5% | 3.4% | ||
| Q3 25 | -2.3% | 8.1% | ||
| Q2 25 | 3.5% | 130.4% | ||
| Q1 25 | -97.1% | 9.2% | ||
| Q4 24 | 0.4% | 13.8% | ||
| Q3 24 | -5.7% | -0.8% | ||
| Q2 24 | 5.2% | 2.2% | ||
| Q1 24 | -6.7% | 4.3% |
每股收益（稀释后）FORRIVT
| Q4 25 | $-1.75 | $0.02 | ||
| Q3 25 | $-0.11 | $0.08 | ||
| Q2 25 | $0.20 | $1.23 | ||
| Q1 25 | $-4.62 | $0.09 | ||
| Q4 24 | $0.02 | $0.14 | ||
| Q3 24 | $-0.30 | $-0.01 | ||
| Q2 24 | $0.33 | $0.02 | ||
| Q1 24 | $-0.35 | $0.04 |
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 | $63.3M | — |
| 总债务越低越好 | — | $825.9M |
| 股东权益账面价值 | $126.5M | $1.8B |
| 总资产 | $404.0M | $2.8B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资FORRIVT
| Q4 25 | $63.3M | — | ||
| Q3 25 | $65.1M | — | ||
| Q2 25 | $67.8M | — | ||
| Q1 25 | $75.6M | — | ||
| Q4 24 | $56.1M | — | ||
| Q3 24 | $62.8M | — | ||
| Q2 24 | $58.9M | — | ||
| Q1 24 | $61.4M | — |
总债务FORRIVT
| Q4 25 | — | $825.9M | ||
| Q3 25 | — | $764.6M | ||
| Q2 25 | — | $746.3M | ||
| Q1 25 | — | $740.7M | ||
| Q4 24 | — | $740.4M | ||
| Q3 24 | — | $740.1M | ||
| Q2 24 | — | $812.2M | ||
| Q1 24 | — | $827.5M |
股东权益FORRIVT
| Q4 25 | $126.5M | $1.8B | ||
| Q3 25 | $157.7M | $1.8B | ||
| Q2 25 | $159.5M | $1.8B | ||
| Q1 25 | $147.4M | $1.7B | ||
| Q4 24 | $229.5M | $1.8B | ||
| Q3 24 | $234.3M | $1.8B | ||
| Q2 24 | $237.1M | $1.5B | ||
| Q1 24 | $230.9M | $1.5B |
总资产FORRIVT
| Q4 25 | $404.0M | $2.8B | ||
| Q3 25 | $414.2M | $2.7B | ||
| Q2 25 | $436.0M | $2.7B | ||
| Q1 25 | $439.8M | $2.6B | ||
| Q4 24 | $503.9M | $2.6B | ||
| Q3 24 | $505.3M | $2.6B | ||
| Q2 24 | $524.2M | $2.5B | ||
| Q1 24 | $555.7M | $2.5B |
负债/权益比FORRIVT
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $-3.2M | $155.4M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $110.9M |
| 自由现金流率自由现金流/营收 | -4.2% | 143.3% |
| 资本支出强度资本支出/营收 | 1.1% | 57.5% |
| 现金转化率经营现金流/净利润 | — | 58.41× |
| 过去12个月自由现金流最近4个季度 | $18.1M | $193.1M |
8季度趋势，按日历期对齐
经营现金流FORRIVT
| Q4 25 | $-3.2M | $155.4M | ||
| Q3 25 | $1.2M | $43.8M | ||
| Q2 25 | $-3.6M | $48.7M | ||
| Q1 25 | $26.7M | $20.2M | ||
| Q4 24 | $-1.8M | $136.9M | ||
| Q3 24 | $264.0K | $38.4M | ||
| Q2 24 | $-2.9M | $46.7M | ||
| Q1 24 | $611.0K | $14.8M |
自由现金流FORRIVT
| Q4 25 | $-4.3M | $110.9M | ||
| Q3 25 | $524.0K | $31.4M | ||
| Q2 25 | $-4.2M | $38.0M | ||
| Q1 25 | $26.1M | $12.8M | ||
| Q4 24 | $-2.5M | $100.8M | ||
| Q3 24 | $-223.0K | $29.3M | ||
| Q2 24 | $-3.7M | $37.2M | ||
| Q1 24 | $-815.0K | $7.7M |
自由现金流率FORRIVT
| Q4 25 | -4.2% | 143.3% | ||
| Q3 25 | 0.6% | 42.2% | ||
| Q2 25 | -3.8% | 51.6% | ||
| Q1 25 | 29.0% | 17.4% | ||
| Q4 24 | -2.3% | 141.5% | ||
| Q3 24 | -0.2% | 42.8% | ||
| Q2 24 | -3.1% | 55.2% | ||
| Q1 24 | -0.8% | 11.5% |
资本支出强度FORRIVT
| Q4 25 | 1.1% | 57.5% | ||
| Q3 25 | 0.7% | 16.7% | ||
| Q2 25 | 0.5% | 14.6% | ||
| Q1 25 | 0.7% | 10.0% | ||
| Q4 24 | 0.6% | 50.7% | ||
| Q3 24 | 0.5% | 13.3% | ||
| Q2 24 | 0.7% | 14.0% | ||
| Q1 24 | 1.4% | 10.6% |
现金转化率FORRIVT
| Q4 25 | — | 58.41× | ||
| Q3 25 | — | 7.27× | ||
| Q2 25 | -0.93× | 0.51× | ||
| Q1 25 | — | 2.97× | ||
| Q4 24 | -4.24× | 13.97× | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.46× | 31.15× | ||
| Q1 24 | — | 5.10× |
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
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
IVT
暂无分部数据
