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Shift4 Payments, Inc.（FOUR）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
瑞思迈的季度营收约是Shift4 Payments, Inc.的1.2倍（$1.4B vs $1.2B），瑞思迈净利率更高（27.6% vs 3.4%，领先24.2%），Shift4 Payments, Inc.同比增速更快（34.0% vs 11.0%），过去两年Shift4 Payments, Inc.的营收复合增速更高（29.6% vs 7.9%）
Shift4 Payments是美国支付处理服务商，总部位于宾夕法尼亚州阿伦敦，1999年由贾里德·艾萨克曼创立。公司为零售、酒店、休闲、餐饮等行业超20万家商户提供支付处理服务，主营移动支付软硬件等商业技术，2020年于纽约证券交易所挂牌上市。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
FOUR vs RMD — 直观对比
营收规模更大
RMD
是对方的1.2倍
$1.2B
营收增速更快
FOUR
高出23.0%
11.0%
净利率更高
RMD
高出24.2%
3.4%
两年增速更快
FOUR
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.4B |
| 净利润 | $40.2M | $392.6M |
| 毛利率 | — | 61.8% |
| 营业利润率 | 10.8% | 34.6% |
| 净利率 | 3.4% | 27.6% |
| 营收同比 | 34.0% | 11.0% |
| 净利润同比 | -65.3% | 13.9% |
| 每股收益（稀释后） | — | $2.68 |
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FOURRMD
| Q2 26 | — | $1.4B | ||
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $966.2M | $1.3B | ||
| Q1 25 | $848.3M | $1.3B | ||
| Q4 24 | $887.0M | $1.3B | ||
| Q3 24 | $909.2M | $1.2B | ||
| Q2 24 | $827.0M | $1.2B |
净利润FOURRMD
| Q2 26 | — | $392.6M | ||
| Q4 25 | $40.2M | $392.6M | ||
| Q3 25 | $28.1M | $348.5M | ||
| Q2 25 | $34.0M | $379.7M | ||
| Q1 25 | $16.7M | $365.0M | ||
| Q4 24 | $116.0M | $344.6M | ||
| Q3 24 | $53.8M | $311.4M | ||
| Q2 24 | $39.2M | $292.2M |
毛利率FOURRMD
| Q2 26 | — | 61.8% | ||
| Q4 25 | — | 61.8% | ||
| Q3 25 | — | 61.5% | ||
| Q2 25 | — | 60.8% | ||
| Q1 25 | — | 59.3% | ||
| Q4 24 | — | 58.6% | ||
| Q3 24 | — | 58.6% | ||
| Q2 24 | — | 58.5% |
营业利润率FOURRMD
| Q2 26 | — | 34.6% | ||
| Q4 25 | 10.8% | 34.6% | ||
| Q3 25 | 9.7% | 33.4% | ||
| Q2 25 | 8.6% | 33.7% | ||
| Q1 25 | 3.0% | 33.0% | ||
| Q4 24 | 9.7% | 32.5% | ||
| Q3 24 | 8.8% | 31.6% | ||
| Q2 24 | 7.2% | 31.2% |
净利率FOURRMD
| Q2 26 | — | 27.6% | ||
| Q4 25 | 3.4% | 27.6% | ||
| Q3 25 | 2.4% | 26.1% | ||
| Q2 25 | 3.5% | 28.2% | ||
| Q1 25 | 2.0% | 28.3% | ||
| Q4 24 | 13.1% | 26.9% | ||
| Q3 24 | 5.9% | 25.4% | ||
| Q2 24 | 4.7% | 23.9% |
每股收益（稀释后）FOURRMD
| Q2 26 | — | $2.68 | ||
| Q4 25 | — | $2.68 | ||
| Q3 25 | — | $2.37 | ||
| Q2 25 | — | $2.58 | ||
| Q1 25 | — | $2.48 | ||
| Q4 24 | — | $2.34 | ||
| Q3 24 | — | $2.11 | ||
| Q2 24 | — | $1.97 |
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 | $964.0M | $1.4B |
| 总债务越低越好 | $4.5B | $663.8M |
| 股东权益账面价值 | $1.4B | $6.3B |
| 总资产 | $8.7B | $8.5B |
| 负债/权益比越低杠杆越低 | 3.15× | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资FOURRMD
| Q2 26 | — | $1.4B | ||
| Q4 25 | $964.0M | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $3.0B | $1.2B | ||
| Q1 25 | $1.2B | $932.7M | ||
| Q4 24 | $1.2B | $521.9M | ||
| Q3 24 | $1.4B | $426.4M | ||
| Q2 24 | $205.0M | $238.4M |
总债务FOURRMD
| Q2 26 | — | $663.8M | ||
| Q4 25 | $4.5B | $403.9M | ||
| Q3 25 | $4.7B | $408.7M | ||
| Q2 25 | $3.7B | $658.4M | ||
| Q1 25 | $2.8B | $663.1M | ||
| Q4 24 | $2.8B | $662.9M | ||
| Q3 24 | — | $667.6M | ||
| Q2 24 | — | $697.3M |
股东权益FOURRMD
| Q2 26 | — | $6.3B | ||
| Q4 25 | $1.4B | $6.3B | ||
| Q3 25 | $1.7B | $6.1B | ||
| Q2 25 | $1.6B | $6.0B | ||
| Q1 25 | $805.2M | $5.5B | ||
| Q4 24 | $806.6M | $5.3B | ||
| Q3 24 | $811.8M | $5.2B | ||
| Q2 24 | $700.8M | $4.9B |
总资产FOURRMD
| Q2 26 | — | $8.5B | ||
| Q4 25 | $8.7B | $8.5B | ||
| Q3 25 | $9.0B | $8.3B | ||
| Q2 25 | $7.0B | $8.2B | ||
| Q1 25 | $5.0B | $7.6B | ||
| Q4 24 | $5.0B | $7.1B | ||
| Q3 24 | $5.0B | $7.2B | ||
| Q2 24 | $3.5B | $6.9B |
负债/权益比FOURRMD
| Q2 26 | — | 0.11× | ||
| Q4 25 | 3.15× | 0.06× | ||
| Q3 25 | 2.83× | 0.07× | ||
| Q2 25 | 2.34× | 0.11× | ||
| Q1 25 | 3.53× | 0.12× | ||
| Q4 24 | 3.52× | 0.13× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× |
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 | $223.7M | — |
| 自由现金流经营现金流 - 资本支出 | $222.5M | — |
| 自由现金流率自由现金流/营收 | 18.7% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | 5.56× | — |
| 过去12个月自由现金流最近4个季度 | $624.0M | — |
8季度趋势，按日历期对齐
经营现金流FOURRMD
| Q2 26 | — | — | ||
| Q4 25 | $223.7M | $339.7M | ||
| Q3 25 | $171.8M | $457.3M | ||
| Q2 25 | $141.9M | $538.8M | ||
| Q1 25 | $96.6M | $578.7M | ||
| Q4 24 | $145.4M | $308.6M | ||
| Q3 24 | $182.1M | $325.5M | ||
| Q2 24 | $116.1M | $440.1M |
自由现金流FOURRMD
| Q2 26 | — | — | ||
| Q4 25 | $222.5M | $311.2M | ||
| Q3 25 | $165.4M | $414.4M | ||
| Q2 25 | $141.0M | $508.2M | ||
| Q1 25 | $95.1M | $557.9M | ||
| Q4 24 | $143.8M | $288.0M | ||
| Q3 24 | $180.1M | $307.7M | ||
| Q2 24 | $113.9M | $415.2M |
自由现金流率FOURRMD
| Q2 26 | — | — | ||
| Q4 25 | 18.7% | 21.9% | ||
| Q3 25 | 14.1% | 31.0% | ||
| Q2 25 | 14.6% | 37.7% | ||
| Q1 25 | 11.2% | 43.2% | ||
| Q4 24 | 16.2% | 22.5% | ||
| Q3 24 | 19.8% | 25.1% | ||
| Q2 24 | 13.8% | 33.9% |
资本支出强度FOURRMD
| Q2 26 | — | — | ||
| Q4 25 | 0.1% | 2.0% | ||
| Q3 25 | 0.5% | 3.2% | ||
| Q2 25 | 0.1% | 2.3% | ||
| Q1 25 | 0.2% | 1.6% | ||
| Q4 24 | 0.2% | 1.6% | ||
| Q3 24 | 0.2% | 1.5% | ||
| Q2 24 | 0.3% | 2.0% |
现金转化率FOURRMD
| Q2 26 | — | — | ||
| Q4 25 | 5.56× | 0.87× | ||
| Q3 25 | 6.11× | 1.31× | ||
| Q2 25 | 4.17× | 1.42× | ||
| Q1 25 | 5.78× | 1.59× | ||
| Q4 24 | 1.25× | 0.90× | ||
| Q3 24 | 3.38× | 1.05× | ||
| Q2 24 | 2.96× | 1.51× |
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
FOUR
| Payments Based Revenue | $788.8M | 66% |
| Other | $255.0M | 21% |
| Subscription And Other Revenues | $144.8M | 12% |
RMD
暂无分部数据
