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弗雷斯特研究公司（FORR）与TOOTSIE ROLL INDUSTRIES INC（TR）财务数据对比。点击上方公司名可切换其他公司
TOOTSIE ROLL INDUSTRIES INC的季度营收约是弗雷斯特研究公司的1.9倍（$196.3M vs $101.1M），TOOTSIE ROLL INDUSTRIES INC净利率更高（14.7% vs -33.5%，领先48.2%），TOOTSIE ROLL INDUSTRIES INC同比增速更快（1.5% vs -6.5%），TOOTSIE ROLL INDUSTRIES INC自由现金流更多（$61.0M vs $-4.3M），过去两年TOOTSIE ROLL INDUSTRIES INC的营收复合增速更高（13.2% 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。
图西罗工业是总部位于美国伊利诺伊州芝加哥的糖果生产企业，核心产品包括同名的图西罗软糖、图西棒棒糖等广受欢迎的糖果产品，旗下品牌目前已销往加拿大、墨西哥等全球超过75个国家和地区。
FORR vs TR — 直观对比
营收规模更大
TR
是对方的1.9倍
$101.1M
营收增速更快
TR
高出8.0%
-6.5%
净利率更高
TR
高出48.2%
-33.5%
自由现金流更多
TR
多$65.3M
$-4.3M
两年增速更快
TR
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $196.3M |
| 净利润 | $-33.9M | $28.8M |
| 毛利率 | 56.7% | 35.7% |
| 营业利润率 | -36.6% | 17.0% |
| 净利率 | -33.5% | 14.7% |
| 营收同比 | -6.5% | 1.5% |
| 净利润同比 | -7941.4% | 27.9% |
| 每股收益（稀释后） | $-1.75 | — |
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FORRTR
| Q4 25 | $101.1M | $196.3M | ||
| Q3 25 | $94.3M | $232.7M | ||
| Q2 25 | $111.7M | $155.1M | ||
| Q1 25 | $89.9M | $148.5M | ||
| Q4 24 | $108.0M | $193.4M | ||
| Q3 24 | $102.5M | $225.9M | ||
| Q2 24 | $121.8M | $150.7M | ||
| Q1 24 | $100.1M | $153.2M |
净利润FORRTR
| Q4 25 | $-33.9M | $28.8M | ||
| Q3 25 | $-2.1M | $35.7M | ||
| Q2 25 | $3.9M | $17.5M | ||
| Q1 25 | $-87.3M | $18.1M | ||
| Q4 24 | $432.0K | $22.5M | ||
| Q3 24 | $-5.8M | $32.8M | ||
| Q2 24 | $6.3M | $15.6M | ||
| Q1 24 | $-6.7M | $15.8M |
毛利率FORRTR
| Q4 25 | 56.7% | 35.7% | ||
| Q3 25 | 60.0% | 34.1% | ||
| Q2 25 | 55.5% | 36.4% | ||
| Q1 25 | 55.9% | 35.3% | ||
| Q4 24 | 58.8% | 39.1% | ||
| Q3 24 | 60.5% | 34.1% | ||
| Q2 24 | 57.3% | 33.5% | ||
| Q1 24 | 54.9% | 32.7% |
营业利润率FORRTR
| Q4 25 | -36.6% | 17.0% | ||
| Q3 25 | 4.7% | 13.9% | ||
| Q2 25 | 6.2% | 7.8% | ||
| Q1 25 | -97.5% | 15.5% | ||
| Q4 24 | -0.5% | 20.0% | ||
| Q3 24 | -0.7% | 15.6% | ||
| Q2 24 | 9.3% | 10.2% | ||
| Q1 24 | -9.3% | 7.3% |
净利率FORRTR
| Q4 25 | -33.5% | 14.7% | ||
| Q3 25 | -2.3% | 15.3% | ||
| Q2 25 | 3.5% | 11.3% | ||
| Q1 25 | -97.1% | 12.2% | ||
| Q4 24 | 0.4% | 11.6% | ||
| Q3 24 | -5.7% | 14.5% | ||
| Q2 24 | 5.2% | 10.4% | ||
| Q1 24 | -6.7% | 10.3% |
每股收益（稀释后）FORRTR
| Q4 25 | $-1.75 | — | ||
| Q3 25 | $-0.11 | — | ||
| Q2 25 | $0.20 | — | ||
| Q1 25 | $-4.62 | — | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $-0.30 | — | ||
| Q2 24 | $0.33 | — | ||
| Q1 24 | $-0.35 | — |
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 | $176.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $941.0M |
| 总资产 | $404.0M | $1.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FORRTR
| Q4 25 | $63.3M | $176.6M | ||
| Q3 25 | $65.1M | $119.8M | ||
| Q2 25 | $67.8M | $170.5M | ||
| Q1 25 | $75.6M | $176.6M | ||
| Q4 24 | $56.1M | $194.6M | ||
| Q3 24 | $62.8M | $163.2M | ||
| Q2 24 | $58.9M | $131.2M | ||
| Q1 24 | $61.4M | $159.4M |
股东权益FORRTR
| Q4 25 | $126.5M | $941.0M | ||
| Q3 25 | $157.7M | $918.9M | ||
| Q2 25 | $159.5M | $893.1M | ||
| Q1 25 | $147.4M | $879.4M | ||
| Q4 24 | $229.5M | $870.7M | ||
| Q3 24 | $234.3M | $870.2M | ||
| Q2 24 | $237.1M | $841.4M | ||
| Q1 24 | $230.9M | $834.4M |
总资产FORRTR
| Q4 25 | $404.0M | $1.3B | ||
| Q3 25 | $414.2M | $1.2B | ||
| Q2 25 | $436.0M | $1.2B | ||
| Q1 25 | $439.8M | $1.1B | ||
| Q4 24 | $503.9M | $1.1B | ||
| Q3 24 | $505.3M | $1.1B | ||
| Q2 24 | $524.2M | $1.1B | ||
| Q1 24 | $555.7M | $1.1B |
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 | $73.3M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $61.0M |
| 自由现金流率自由现金流/营收 | -4.2% | 31.1% |
| 资本支出强度资本支出/营收 | 1.1% | 6.3% |
| 现金转化率经营现金流/净利润 | — | 2.55× |
| 过去12个月自由现金流最近4个季度 | $18.1M | $96.4M |
8季度趋势，按日历期对齐
经营现金流FORRTR
| Q4 25 | $-3.2M | $73.3M | ||
| Q3 25 | $1.2M | $62.2M | ||
| Q2 25 | $-3.6M | $-8.5M | ||
| Q1 25 | $26.7M | $3.6M | ||
| Q4 24 | $-1.8M | $68.8M | ||
| Q3 24 | $264.0K | $61.3M | ||
| Q2 24 | $-2.9M | $-12.6M | ||
| Q1 24 | $611.0K | $21.4M |
自由现金流FORRTR
| Q4 25 | $-4.3M | $61.0M | ||
| Q3 25 | $524.0K | $50.7M | ||
| Q2 25 | $-4.2M | $-16.0M | ||
| Q1 25 | $26.1M | $750.0K | ||
| Q4 24 | $-2.5M | $64.7M | ||
| Q3 24 | $-223.0K | $55.8M | ||
| Q2 24 | $-3.7M | $-16.6M | ||
| Q1 24 | $-815.0K | $16.9M |
自由现金流率FORRTR
| Q4 25 | -4.2% | 31.1% | ||
| Q3 25 | 0.6% | 21.8% | ||
| Q2 25 | -3.8% | -10.3% | ||
| Q1 25 | 29.0% | 0.5% | ||
| Q4 24 | -2.3% | 33.5% | ||
| Q3 24 | -0.2% | 24.7% | ||
| Q2 24 | -3.1% | -11.0% | ||
| Q1 24 | -0.8% | 11.0% |
资本支出强度FORRTR
| Q4 25 | 1.1% | 6.3% | ||
| Q3 25 | 0.7% | 5.0% | ||
| Q2 25 | 0.5% | 4.8% | ||
| Q1 25 | 0.7% | 1.9% | ||
| Q4 24 | 0.6% | 2.1% | ||
| Q3 24 | 0.5% | 2.4% | ||
| Q2 24 | 0.7% | 2.6% | ||
| Q1 24 | 1.4% | 2.9% |
现金转化率FORRTR
| Q4 25 | — | 2.55× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | -0.93× | -0.49× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | -4.24× | 3.06× | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | -0.46× | -0.81× | ||
| Q1 24 | — | 1.35× |
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% |
TR
| Products | $194.3M | 99% |
| Rental And Royalty | $1.9M | 1% |
