vs
盖尔斯（GES）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
盖尔斯的季度营收约是RBC Bearings INC的1.7倍（$791.4M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 3.2%，领先11.4%），RBC Bearings INC同比增速更快（17.0% vs 7.2%），RBC Bearings INC自由现金流更多（$99.1M vs $-56.3M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs -5.8%）
盖尔斯是美国知名服饰品牌企业，以标志性的黑白风格广告广为人知。除核心服饰产品外，品牌还通过品牌授权模式推出腕表、珠宝、香水、包袋、鞋履等各类时尚配饰，在全球时尚消费市场拥有较高知名度。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
GES vs RBC — 直观对比
营收规模更大
GES
是对方的1.7倍
$461.6M
营收增速更快
RBC
高出9.9%
7.2%
净利率更高
RBC
高出11.4%
3.2%
自由现金流更多
RBC
多$155.4M
$-56.3M
两年增速更快
RBC
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $791.4M | $461.6M |
| 净利润 | $25.6M | $67.4M |
| 毛利率 | 42.5% | 44.3% |
| 营业利润率 | 2.9% | 22.3% |
| 净利率 | 3.2% | 14.6% |
| 营收同比 | 7.2% | 17.0% |
| 净利润同比 | 209.6% | 16.4% |
| 每股收益（稀释后） | $0.48 | $2.13 |
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GESRBC
| Q4 25 | $791.4M | $461.6M | ||
| Q3 25 | $772.9M | $455.3M | ||
| Q2 25 | $647.8M | $436.0M | ||
| Q1 25 | $932.3M | $437.7M | ||
| Q4 24 | $738.5M | $394.4M | ||
| Q3 24 | $732.6M | $397.9M | ||
| Q2 24 | $591.9M | $406.3M | ||
| Q1 24 | $891.0M | $413.7M |
净利润GESRBC
| Q4 25 | $25.6M | $67.4M | ||
| Q3 25 | $6.2M | $60.0M | ||
| Q2 25 | $-32.9M | $68.5M | ||
| Q1 25 | $81.4M | $72.7M | ||
| Q4 24 | $-23.4M | $57.9M | ||
| Q3 24 | $-10.6M | $54.2M | ||
| Q2 24 | $13.0M | $61.4M | ||
| Q1 24 | $115.3M | — |
毛利率GESRBC
| Q4 25 | 42.5% | 44.3% | ||
| Q3 25 | 42.5% | 44.1% | ||
| Q2 25 | 39.9% | 44.8% | ||
| Q1 25 | 44.1% | 44.2% | ||
| Q4 24 | 43.6% | 44.3% | ||
| Q3 24 | 43.7% | 43.7% | ||
| Q2 24 | 41.9% | 45.3% | ||
| Q1 24 | 45.4% | 43.1% |
营业利润率GESRBC
| Q4 25 | 2.9% | 22.3% | ||
| Q3 25 | 2.3% | 21.5% | ||
| Q2 25 | -5.1% | 23.2% | ||
| Q1 25 | 11.1% | 23.0% | ||
| Q4 24 | 5.7% | 21.7% | ||
| Q3 24 | 6.5% | 21.6% | ||
| Q2 24 | -3.4% | 24.0% | ||
| Q1 24 | 16.3% | 22.8% |
净利率GESRBC
| Q4 25 | 3.2% | 14.6% | ||
| Q3 25 | 0.8% | 13.2% | ||
| Q2 25 | -5.1% | 15.7% | ||
| Q1 25 | 8.7% | 16.6% | ||
| Q4 24 | -3.2% | 14.7% | ||
| Q3 24 | -1.4% | 13.6% | ||
| Q2 24 | 2.2% | 15.1% | ||
| Q1 24 | 12.9% | — |
每股收益（稀释后）GESRBC
| Q4 25 | $0.48 | $2.13 | ||
| Q3 25 | $0.12 | $1.90 | ||
| Q2 25 | $-0.65 | $2.17 | ||
| Q1 25 | $1.29 | $2.33 | ||
| Q4 24 | $-0.47 | $1.82 | ||
| Q3 24 | $-0.28 | $1.65 | ||
| Q2 24 | $0.23 | $1.90 | ||
| Q1 24 | $1.90 | $1.92 |
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 | $154.2M | $107.6M |
| 总债务越低越好 | $299.5M | $990.2M |
| 股东权益账面价值 | $508.5M | $3.3B |
| 总资产 | $3.0B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资GESRBC
| Q4 25 | $154.2M | $107.6M | ||
| Q3 25 | $189.6M | $91.2M | ||
| Q2 25 | $151.2M | $132.9M | ||
| Q1 25 | $187.7M | $36.8M | ||
| Q4 24 | $140.9M | — | ||
| Q3 24 | $218.9M | — | ||
| Q2 24 | $241.7M | $76.8M | ||
| Q1 24 | $360.3M | $63.5M |
总债务GESRBC
| Q4 25 | $299.5M | $990.2M | ||
| Q3 25 | $258.4M | $1.1B | ||
| Q2 25 | $241.7M | $915.6M | ||
| Q1 25 | $150.7M | $920.1M | ||
| Q4 24 | $238.3M | — | ||
| Q3 24 | $187.8M | — | ||
| Q2 24 | $196.9M | — | ||
| Q1 24 | $28.2M | $1.2B |
股东权益GESRBC
| Q4 25 | $508.5M | $3.3B | ||
| Q3 25 | $487.6M | $3.2B | ||
| Q2 25 | $483.6M | $3.1B | ||
| Q1 25 | $505.0M | $3.0B | ||
| Q4 24 | $450.7M | $2.9B | ||
| Q3 24 | $491.2M | $2.9B | ||
| Q2 24 | $565.5M | $2.8B | ||
| Q1 24 | $684.9M | $2.8B |
总资产GESRBC
| Q4 25 | $3.0B | $5.1B | ||
| Q3 25 | $3.0B | $5.1B | ||
| Q2 25 | $2.9B | $4.8B | ||
| Q1 25 | $2.8B | $4.7B | ||
| Q4 24 | $2.8B | $4.7B | ||
| Q3 24 | $2.8B | $4.7B | ||
| Q2 24 | $2.7B | $4.7B | ||
| Q1 24 | $2.6B | $4.7B |
负债/权益比GESRBC
| Q4 25 | 0.59× | 0.30× | ||
| Q3 25 | 0.53× | 0.34× | ||
| Q2 25 | 0.50× | 0.29× | ||
| Q1 25 | 0.30× | 0.30× | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | 0.35× | — | ||
| Q1 24 | 0.04× | 0.43× |
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 | $-39.5M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $-56.3M | $99.1M |
| 自由现金流率自由现金流/营收 | -7.1% | 21.5% |
| 资本支出强度资本支出/营收 | 2.1% | 5.0% |
| 现金转化率经营现金流/净利润 | -1.54× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $62.5M | — |
8季度趋势，按日历期对齐
经营现金流GESRBC
| Q4 25 | $-39.5M | $122.1M | ||
| Q3 25 | $74.9M | $88.4M | ||
| Q2 25 | $-73.4M | $120.0M | ||
| Q1 25 | $183.2M | — | ||
| Q4 24 | $-83.3M | $84.0M | ||
| Q3 24 | $44.7M | — | ||
| Q2 24 | $-22.9M | $97.4M | ||
| Q1 24 | $289.5M | — |
自由现金流GESRBC
| Q4 25 | $-56.3M | $99.1M | ||
| Q3 25 | $53.4M | $71.7M | ||
| Q2 25 | $-95.3M | $104.3M | ||
| Q1 25 | $160.7M | — | ||
| Q4 24 | $-105.4M | $73.6M | ||
| Q3 24 | $24.3M | — | ||
| Q2 24 | $-44.0M | $88.4M | ||
| Q1 24 | $267.8M | — |
自由现金流率GESRBC
| Q4 25 | -7.1% | 21.5% | ||
| Q3 25 | 6.9% | 15.7% | ||
| Q2 25 | -14.7% | 23.9% | ||
| Q1 25 | 17.2% | — | ||
| Q4 24 | -14.3% | 18.7% | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | -7.4% | 21.8% | ||
| Q1 24 | 30.1% | — |
资本支出强度GESRBC
| Q4 25 | 2.1% | 5.0% | ||
| Q3 25 | 2.8% | 3.7% | ||
| Q2 25 | 3.4% | 3.6% | ||
| Q1 25 | 2.4% | 3.2% | ||
| Q4 24 | 3.0% | 2.6% | ||
| Q3 24 | 2.8% | 4.1% | ||
| Q2 24 | 3.6% | 2.2% | ||
| Q1 24 | 2.4% | — |
现金转化率GESRBC
| Q4 25 | -1.54× | 1.81× | ||
| Q3 25 | 12.00× | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | 2.25× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.76× | 1.59× | ||
| Q1 24 | 2.51× | — |
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
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
