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弗雷斯特研究公司（FORR）与FIRST FINANCIAL CORP（THFF）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FIRST FINANCIAL CORP的1.4倍（$101.1M vs $70.5M），FIRST FINANCIAL CORP净利率更高（30.4% vs -33.5%，领先63.9%），FIRST FINANCIAL CORP同比增速更快（14.1% vs -6.5%），FIRST FINANCIAL CORP自由现金流更多（$86.4M vs $-4.3M），过去两年FIRST FINANCIAL CORP的营收复合增速更高（20.8% 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。
第一美国金融公司是一家美国金融服务企业，主营为房地产与抵押贷款行业提供产权保险以及结算服务，深耕相关金融领域，是该细分赛道具备专业能力的服务提供商。
FORR vs THFF — 直观对比
营收规模更大
FORR
是对方的1.4倍
$70.5M
营收增速更快
THFF
高出20.6%
-6.5%
净利率更高
THFF
高出63.9%
-33.5%
自由现金流更多
THFF
多$90.7M
$-4.3M
两年增速更快
THFF
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $70.5M |
| 净利润 | $-33.9M | $21.5M |
| 毛利率 | 56.7% | — |
| 营业利润率 | -36.6% | 37.4% |
| 净利率 | -33.5% | 30.4% |
| 营收同比 | -6.5% | 14.1% |
| 净利润同比 | -7941.4% | 32.1% |
| 每股收益（稀释后） | $-1.75 | $1.81 |
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FORRTHFF
| Q4 25 | $101.1M | $70.5M | ||
| Q3 25 | $94.3M | $65.8M | ||
| Q2 25 | $111.7M | $63.1M | ||
| Q1 25 | $89.9M | $62.5M | ||
| Q4 24 | $108.0M | $61.8M | ||
| Q3 24 | $102.5M | $58.4M | ||
| Q2 24 | $121.8M | $49.2M | ||
| Q1 24 | $100.1M | $48.4M |
净利润FORRTHFF
| Q4 25 | $-33.9M | $21.5M | ||
| Q3 25 | $-2.1M | $20.8M | ||
| Q2 25 | $3.9M | $18.6M | ||
| Q1 25 | $-87.3M | $18.4M | ||
| Q4 24 | $432.0K | $16.2M | ||
| Q3 24 | $-5.8M | $8.7M | ||
| Q2 24 | $6.3M | $11.4M | ||
| Q1 24 | $-6.7M | $10.9M |
毛利率FORRTHFF
| 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FORRTHFF
| Q4 25 | -36.6% | 37.4% | ||
| Q3 25 | 4.7% | 39.2% | ||
| Q2 25 | 6.2% | 36.2% | ||
| Q1 25 | -97.5% | 38.1% | ||
| Q4 24 | -0.5% | 32.4% | ||
| Q3 24 | -0.7% | 17.9% | ||
| Q2 24 | 9.3% | 27.6% | ||
| Q1 24 | -9.3% | 27.2% |
净利率FORRTHFF
| Q4 25 | -33.5% | 30.4% | ||
| Q3 25 | -2.3% | 31.6% | ||
| Q2 25 | 3.5% | 29.5% | ||
| Q1 25 | -97.1% | 29.5% | ||
| Q4 24 | 0.4% | 26.3% | ||
| Q3 24 | -5.7% | 15.0% | ||
| Q2 24 | 5.2% | 23.1% | ||
| Q1 24 | -6.7% | 22.6% |
每股收益（稀释后）FORRTHFF
| Q4 25 | $-1.75 | $1.81 | ||
| Q3 25 | $-0.11 | $1.75 | ||
| Q2 25 | $0.20 | $1.57 | ||
| Q1 25 | $-4.62 | $1.55 | ||
| Q4 24 | $0.02 | $1.37 | ||
| Q3 24 | $-0.30 | $0.74 | ||
| Q2 24 | $0.33 | $0.96 | ||
| Q1 24 | $-0.35 | $0.93 |
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 | — | $188.2M |
| 股东权益账面价值 | $126.5M | $650.9M |
| 总资产 | $404.0M | $5.8B |
| 负债/权益比越低杠杆越低 | — | 0.29× |
8季度趋势，按日历期对齐
现金及短期投资FORRTHFF
| 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FORRTHFF
| Q4 25 | — | $188.2M | ||
| Q3 25 | — | $170.5M | ||
| Q2 25 | — | $122.7M | ||
| Q1 25 | — | $124.9M | ||
| Q4 24 | — | $28.1M | ||
| Q3 24 | — | $30.5M | ||
| Q2 24 | — | $108.6M | ||
| Q1 24 | — | $58.6M |
股东权益FORRTHFF
| Q4 25 | $126.5M | $650.9M | ||
| Q3 25 | $157.7M | $622.2M | ||
| Q2 25 | $159.5M | $587.7M | ||
| Q1 25 | $147.4M | $571.9M | ||
| Q4 24 | $229.5M | $549.0M | ||
| Q3 24 | $234.3M | $566.0M | ||
| Q2 24 | $237.1M | $530.7M | ||
| Q1 24 | $230.9M | $520.8M |
总资产FORRTHFF
| Q4 25 | $404.0M | $5.8B | ||
| Q3 25 | $414.2M | $5.7B | ||
| Q2 25 | $436.0M | $5.6B | ||
| Q1 25 | $439.8M | $5.5B | ||
| Q4 24 | $503.9M | $5.6B | ||
| Q3 24 | $505.3M | $5.5B | ||
| Q2 24 | $524.2M | $4.9B | ||
| Q1 24 | $555.7M | $4.9B |
负债/权益比FORRTHFF
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | — | 0.11× |
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 | $90.4M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $86.4M |
| 自由现金流率自由现金流/营收 | -4.2% | 122.5% |
| 资本支出强度资本支出/营收 | 1.1% | 5.6% |
| 现金转化率经营现金流/净利润 | — | 4.21× |
| 过去12个月自由现金流最近4个季度 | $18.1M | $144.3M |
8季度趋势，按日历期对齐
经营现金流FORRTHFF
| Q4 25 | $-3.2M | $90.4M | ||
| Q3 25 | $1.2M | $26.9M | ||
| Q2 25 | $-3.6M | $12.7M | ||
| Q1 25 | $26.7M | $21.1M | ||
| Q4 24 | $-1.8M | $60.4M | ||
| Q3 24 | $264.0K | $23.3M | ||
| Q2 24 | $-2.9M | $8.8M | ||
| Q1 24 | $611.0K | $12.4M |
自由现金流FORRTHFF
| Q4 25 | $-4.3M | $86.4M | ||
| Q3 25 | $524.0K | $25.8M | ||
| Q2 25 | $-4.2M | $11.6M | ||
| Q1 25 | $26.1M | $20.5M | ||
| Q4 24 | $-2.5M | $54.3M | ||
| Q3 24 | $-223.0K | $19.5M | ||
| Q2 24 | $-3.7M | $8.4M | ||
| Q1 24 | $-815.0K | $11.5M |
自由现金流率FORRTHFF
| Q4 25 | -4.2% | 122.5% | ||
| Q3 25 | 0.6% | 39.2% | ||
| Q2 25 | -3.8% | 18.4% | ||
| Q1 25 | 29.0% | 32.8% | ||
| Q4 24 | -2.3% | 87.8% | ||
| Q3 24 | -0.2% | 33.5% | ||
| Q2 24 | -3.1% | 17.2% | ||
| Q1 24 | -0.8% | 23.7% |
资本支出强度FORRTHFF
| Q4 25 | 1.1% | 5.6% | ||
| Q3 25 | 0.7% | 1.7% | ||
| Q2 25 | 0.5% | 1.8% | ||
| Q1 25 | 0.7% | 0.9% | ||
| Q4 24 | 0.6% | 9.9% | ||
| Q3 24 | 0.5% | 6.5% | ||
| Q2 24 | 0.7% | 0.7% | ||
| Q1 24 | 1.4% | 2.0% |
现金转化率FORRTHFF
| Q4 25 | — | 4.21× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | -0.93× | 0.68× | ||
| Q1 25 | — | 1.14× | ||
| Q4 24 | -4.24× | 3.72× | ||
| Q3 24 | — | 2.67× | ||
| Q2 24 | -0.46× | 0.77× | ||
| Q1 24 | — | 1.14× |
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% |
THFF
暂无分部数据
