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通用磨坊（GIS）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
通用磨坊的季度营收约是Rocket Companies, Inc.的1.8倍（$4.9B vs $2.7B），通用磨坊净利率更高（8.5% vs 2.5%，领先6.0%），Rocket Companies, Inc.同比增速更快（52.2% vs -7.2%），通用磨坊自由现金流更多（$675.7M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs -2.4%）
通用磨坊是美国知名跨国消费食品企业，主营品牌包装食品的生产与营销，产品通过零售渠道面向大众发售。公司发源于明尼阿波利斯市密西西比河畔的圣安东尼瀑布区域，最初以大型面粉加工业务闻名，现总部位于明尼阿波利斯市郊的明尼苏达州金谷市。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
GIS vs RKT — 直观对比
营收规模更大
GIS
是对方的1.8倍
$2.7B
营收增速更快
RKT
高出59.4%
-7.2%
净利率更高
GIS
高出6.0%
2.5%
自由现金流更多
GIS
多$1.9B
$-1.3B
两年增速更快
RKT
近两年复合增速
-2.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $2.7B |
| 净利润 | $413.0M | $68.0M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 15.0% | 6.3% |
| 净利率 | 8.5% | 2.5% |
| 营收同比 | -7.2% | 52.2% |
| 净利润同比 | -48.1% | 100.8% |
| 每股收益（稀释后） | $0.78 | $0.10 |
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GISRKT
| Q4 25 | $4.9B | $2.7B | ||
| Q3 25 | $4.5B | $1.6B | ||
| Q2 25 | $4.6B | $1.4B | ||
| Q1 25 | $4.8B | $1.0B | ||
| Q4 24 | $5.2B | $1.8B | ||
| Q3 24 | $4.8B | $646.9M | ||
| Q2 24 | $4.7B | $1.3B | ||
| Q1 24 | $5.1B | $1.4B |
净利润GISRKT
| Q4 25 | $413.0M | $68.0M | ||
| Q3 25 | $1.2B | $-123.9M | ||
| Q2 25 | $294.0M | $-1.8M | ||
| Q1 25 | $625.6M | $-10.4M | ||
| Q4 24 | $795.7M | $33.9M | ||
| Q3 24 | $579.9M | $-22.0M | ||
| Q2 24 | $557.5M | $1.3M | ||
| Q1 24 | $670.1M | $16.2M |
毛利率GISRKT
| Q4 25 | 34.8% | — | ||
| Q3 25 | 33.9% | — | ||
| Q2 25 | 32.4% | — | ||
| Q1 25 | 33.9% | — | ||
| Q4 24 | 36.9% | 58.9% | ||
| Q3 24 | 34.8% | -8.4% | ||
| Q2 24 | 35.8% | 47.4% | ||
| Q1 24 | 33.5% | 51.2% |
营业利润率GISRKT
| Q4 25 | 15.0% | 6.3% | ||
| Q3 25 | 38.2% | -11.5% | ||
| Q2 25 | 11.1% | 1.8% | ||
| Q1 25 | 18.4% | -21.5% | ||
| Q4 24 | 20.6% | 38.1% | ||
| Q3 24 | 17.2% | -76.9% | ||
| Q2 24 | 16.5% | 14.8% | ||
| Q1 24 | 17.9% | 21.6% |
净利率GISRKT
| Q4 25 | 8.5% | 2.5% | ||
| Q3 25 | 26.7% | -7.7% | ||
| Q2 25 | 6.5% | -0.1% | ||
| Q1 25 | 12.9% | -1.0% | ||
| Q4 24 | 15.2% | 1.9% | ||
| Q3 24 | 12.0% | -3.4% | ||
| Q2 24 | 11.8% | 0.1% | ||
| Q1 24 | 13.1% | 1.2% |
每股收益（稀释后）GISRKT
| Q4 25 | $0.78 | $0.10 | ||
| Q3 25 | $2.22 | $-0.06 | ||
| Q2 25 | $0.53 | $-0.01 | ||
| Q1 25 | $1.12 | $-0.08 | ||
| Q4 24 | $1.42 | $0.28 | ||
| Q3 24 | $1.03 | $-0.19 | ||
| Q2 24 | $0.98 | $0.01 | ||
| Q1 24 | $1.17 | $0.11 |
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 | $683.4M | $2.7B |
| 总债务越低越好 | $12.2B | — |
| 股东权益账面价值 | $9.3B | $22.9B |
| 总资产 | $32.5B | $60.7B |
| 负债/权益比越低杠杆越低 | 1.31× | — |
8季度趋势，按日历期对齐
现金及短期投资GISRKT
| Q4 25 | $683.4M | $2.7B | ||
| Q3 25 | $952.9M | $5.8B | ||
| Q2 25 | $363.9M | $5.1B | ||
| Q1 25 | $521.3M | $1.4B | ||
| Q4 24 | $2.3B | $1.3B | ||
| Q3 24 | $468.1M | $1.2B | ||
| Q2 24 | $418.0M | $1.3B | ||
| Q1 24 | $588.6M | $861.4M |
总债务GISRKT
| Q4 25 | $12.2B | — | ||
| Q3 25 | $12.2B | — | ||
| Q2 25 | $12.7B | — | ||
| Q1 25 | $11.8B | — | ||
| Q4 24 | $12.4B | — | ||
| Q3 24 | $11.4B | — | ||
| Q2 24 | $11.3B | — | ||
| Q1 24 | $11.0B | — |
股东权益GISRKT
| Q4 25 | $9.3B | $22.9B | ||
| Q3 25 | $9.5B | $8.9B | ||
| Q2 25 | $9.2B | $7.4B | ||
| Q1 25 | $9.3B | $8.6B | ||
| Q4 24 | $9.2B | $9.0B | ||
| Q3 24 | $9.3B | $8.4B | ||
| Q2 24 | $9.4B | $8.8B | ||
| Q1 24 | $9.4B | $8.6B |
总资产GISRKT
| Q4 25 | $32.5B | $60.7B | ||
| Q3 25 | $33.0B | $33.6B | ||
| Q2 25 | $33.1B | $30.4B | ||
| Q1 25 | $32.7B | $25.3B | ||
| Q4 24 | $33.4B | $24.5B | ||
| Q3 24 | $31.8B | $25.1B | ||
| Q2 24 | $31.5B | $23.6B | ||
| Q1 24 | $30.9B | $22.2B |
负债/权益比GISRKT
| Q4 25 | 1.31× | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | 1.38× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 1.35× | — | ||
| Q3 24 | 1.23× | — | ||
| Q2 24 | 1.20× | — | ||
| Q1 24 | 1.17× | — |
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 | $819.3M | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $675.7M | $-1.3B |
| 自由现金流率自由现金流/营收 | 13.9% | -47.2% |
| 资本支出强度资本支出/营收 | 3.0% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.98× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $1.8B | $-4.0B |
8季度趋势，按日历期对齐
经营现金流GISRKT
| Q4 25 | $819.3M | $-1.2B | ||
| Q3 25 | $397.0M | $-50.3M | ||
| Q2 25 | $611.6M | $-1.9B | ||
| Q1 25 | $531.9M | $-797.0M | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $624.2M | $-1.3B | ||
| Q2 24 | $863.7M | $-122.3M | ||
| Q1 24 | $943.1M | $-3.0B |
自由现金流GISRKT
| Q4 25 | $675.7M | $-1.3B | ||
| Q3 25 | $287.5M | $-71.8M | ||
| Q2 25 | $391.4M | $-1.9B | ||
| Q1 25 | $428.0M | $-811.0M | ||
| Q4 24 | $989.6M | $1.8B | ||
| Q3 24 | $483.9M | $-1.4B | ||
| Q2 24 | $575.2M | $-138.3M | ||
| Q1 24 | $751.4M | $-3.0B |
自由现金流率GISRKT
| Q4 25 | 13.9% | -47.2% | ||
| Q3 25 | 6.4% | -4.5% | ||
| Q2 25 | 8.6% | -137.2% | ||
| Q1 25 | 8.8% | -78.2% | ||
| Q4 24 | 18.9% | 103.1% | ||
| Q3 24 | 10.0% | -209.6% | ||
| Q2 24 | 12.2% | -10.6% | ||
| Q1 24 | 14.7% | -218.7% |
资本支出强度GISRKT
| Q4 25 | 3.0% | 1.5% | ||
| Q3 25 | 2.4% | 1.3% | ||
| Q2 25 | 4.8% | 1.1% | ||
| Q1 25 | 2.1% | 1.4% | ||
| Q4 24 | 3.1% | 1.1% | ||
| Q3 24 | 2.9% | 2.9% | ||
| Q2 24 | 6.1% | 1.2% | ||
| Q1 24 | 3.8% | 1.0% |
现金转化率GISRKT
| Q4 25 | 1.98× | -18.08× | ||
| Q3 25 | 0.33× | — | ||
| Q2 25 | 2.08× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 1.45× | 54.42× | ||
| Q3 24 | 1.08× | — | ||
| Q2 24 | 1.55× | -94.46× | ||
| Q1 24 | 1.41× | -185.80× |
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
GIS
| Snacks | $1.0B | 21% |
| Convenient Meals | $827.0M | 17% |
| Cereal | $791.2M | 16% |
| Dough | $720.9M | 15% |
| Pet | $698.7M | 14% |
| Baking Mixes And Ingredients | $556.0M | 11% |
| Super Premium Ice Cream | $175.8M | 4% |
| Other Product | $73.3M | 2% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
