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游戏驿站（GME）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是游戏驿站的1.6倍（$1.3B vs $821.0M），游戏驿站同比增速更快（-4.6% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $107.0M），过去两年罗致恒富的营收复合增速更高（-6.1% vs -32.3%）
游戏驿站（GameStop Corp.）是美国知名电子游戏、消费电子及游戏周边零售企业，总部位于得克萨斯州格雷普韦恩，是全球规模最大的电子游戏零售商。截至2025年2月，公司在美、加、澳及欧洲地区共运营3203家门店，旗下拥有EB Games、ThinkGeek等多个零售品牌，前身为1984年于达拉斯成立的Babbage's。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
GME vs RHI — 直观对比
营收规模更大
RHI
是对方的1.6倍
$821.0M
营收增速更快
GME
高出1.2%
-5.8%
自由现金流更多
RHI
多$63.8M
$107.0M
两年增速更快
RHI
近两年复合增速
-32.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $821.0M | $1.3B |
| 净利润 | $77.1M | — |
| 毛利率 | 33.3% | 37.6% |
| 营业利润率 | 5.0% | 1.7% |
| 净利率 | 9.4% | — |
| 营收同比 | -4.6% | -5.8% |
| 净利润同比 | 343.1% | — |
| 每股收益（稀释后） | $0.13 | $0.32 |
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GMERHI
| Q4 25 | $821.0M | $1.3B | ||
| Q3 25 | $972.2M | $1.4B | ||
| Q2 25 | $732.4M | $1.4B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $860.3M | $1.4B | ||
| Q3 24 | $798.3M | $1.5B | ||
| Q2 24 | $881.8M | $1.5B | ||
| Q1 24 | $1.8B | $1.5B |
净利润GMERHI
| Q4 25 | $77.1M | — | ||
| Q3 25 | $168.6M | $42.9M | ||
| Q2 25 | $44.8M | $41.0M | ||
| Q1 25 | $131.4M | $17.4M | ||
| Q4 24 | $17.4M | — | ||
| Q3 24 | $14.8M | $65.5M | ||
| Q2 24 | $-32.3M | $68.2M | ||
| Q1 24 | $63.1M | $63.7M |
毛利率GMERHI
| Q4 25 | 33.3% | 37.6% | ||
| Q3 25 | 29.1% | 37.2% | ||
| Q2 25 | 34.5% | 37.2% | ||
| Q1 25 | 28.3% | 36.9% | ||
| Q4 24 | 29.9% | 38.8% | ||
| Q3 24 | 31.2% | 39.0% | ||
| Q2 24 | 27.7% | 39.2% | ||
| Q1 24 | 23.4% | 38.1% |
营业利润率GMERHI
| Q4 25 | 5.0% | 1.7% | ||
| Q3 25 | 6.8% | 1.0% | ||
| Q2 25 | -1.5% | 0.1% | ||
| Q1 25 | 6.2% | 2.9% | ||
| Q4 24 | -3.9% | 4.7% | ||
| Q3 24 | -2.8% | 4.1% | ||
| Q2 24 | -5.7% | 5.1% | ||
| Q1 24 | 3.1% | 2.8% |
净利率GMERHI
| Q4 25 | 9.4% | — | ||
| Q3 25 | 17.3% | 3.2% | ||
| Q2 25 | 6.1% | 3.0% | ||
| Q1 25 | 10.2% | 1.3% | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 1.9% | 4.5% | ||
| Q2 24 | -3.7% | 4.6% | ||
| Q1 24 | 3.5% | 4.3% |
每股收益（稀释后）GMERHI
| Q4 25 | $0.13 | $0.32 | ||
| Q3 25 | $0.31 | $0.43 | ||
| Q2 25 | $0.09 | $0.41 | ||
| Q1 25 | $0.36 | $0.17 | ||
| Q4 24 | $0.04 | $0.53 | ||
| Q3 24 | $0.04 | $0.64 | ||
| Q2 24 | $-0.11 | $0.66 | ||
| Q1 24 | $0.21 | $0.61 |
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 | $8.8B | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.3B | $1.3B |
| 总资产 | $10.6B | $2.9B |
| 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GMERHI
| Q4 25 | $8.8B | $464.4M | ||
| Q3 25 | $8.7B | $365.3M | ||
| Q2 25 | $6.4B | $380.5M | ||
| Q1 25 | $4.8B | $342.5M | ||
| Q4 24 | $4.6B | $537.6M | ||
| Q3 24 | $4.2B | $570.5M | ||
| Q2 24 | $1.1B | $547.4M | ||
| Q1 24 | $1.2B | $540.9M |
总债务GMERHI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $16.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $28.5M | — |
股东权益GMERHI
| Q4 25 | $5.3B | $1.3B | ||
| Q3 25 | $5.2B | $1.3B | ||
| Q2 25 | $5.0B | $1.3B | ||
| Q1 25 | $4.9B | $1.3B | ||
| Q4 24 | $4.8B | $1.4B | ||
| Q3 24 | $4.4B | $1.5B | ||
| Q2 24 | $1.3B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
总资产GMERHI
| Q4 25 | $10.6B | $2.9B | ||
| Q3 25 | $10.3B | $2.8B | ||
| Q2 25 | $7.5B | $2.8B | ||
| Q1 25 | $5.9B | $2.7B | ||
| Q4 24 | $6.2B | $2.9B | ||
| Q3 24 | $5.5B | $3.0B | ||
| Q2 24 | $2.6B | $2.9B | ||
| Q1 24 | $2.7B | $2.9B |
负债/权益比GMERHI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.02× | — |
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 | $111.3M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $107.0M | $170.8M |
| 自由现金流率自由现金流/营收 | 13.0% | 13.1% |
| 资本支出强度资本支出/营收 | 0.5% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.44× | — |
| 过去12个月自由现金流最近4个季度 | $568.7M | $266.8M |
8季度趋势，按日历期对齐
经营现金流GMERHI
| Q4 25 | $111.3M | $182.5M | ||
| Q3 25 | $117.4M | $77.4M | ||
| Q2 25 | $192.5M | $119.4M | ||
| Q1 25 | $162.3M | $-59.3M | ||
| Q4 24 | $24.6M | $154.8M | ||
| Q3 24 | $68.6M | $129.6M | ||
| Q2 24 | $-109.8M | $142.0M | ||
| Q1 24 | $-11.0M | $-15.9M |
自由现金流GMERHI
| Q4 25 | $107.0M | $170.8M | ||
| Q3 25 | $113.3M | $63.6M | ||
| Q2 25 | $189.6M | $104.2M | ||
| Q1 25 | $158.8M | $-71.7M | ||
| Q4 24 | $20.0M | $140.5M | ||
| Q3 24 | $65.5M | $111.8M | ||
| Q2 24 | $-114.7M | $129.6M | ||
| Q1 24 | $-18.7M | $-27.7M |
自由现金流率GMERHI
| Q4 25 | 13.0% | 13.1% | ||
| Q3 25 | 11.7% | 4.7% | ||
| Q2 25 | 25.9% | 7.6% | ||
| Q1 25 | 12.4% | -5.3% | ||
| Q4 24 | 2.3% | 10.2% | ||
| Q3 24 | 8.2% | 7.6% | ||
| Q2 24 | -13.0% | 8.8% | ||
| Q1 24 | -1.0% | -1.9% |
资本支出强度GMERHI
| Q4 25 | 0.5% | 0.9% | ||
| Q3 25 | 0.4% | 1.0% | ||
| Q2 25 | 0.4% | 1.1% | ||
| Q1 25 | 0.3% | 0.9% | ||
| Q4 24 | 0.5% | 1.0% | ||
| Q3 24 | 0.4% | 1.2% | ||
| Q2 24 | 0.6% | 0.8% | ||
| Q1 24 | 0.4% | 0.8% |
现金转化率GMERHI
| Q4 25 | 1.44× | — | ||
| Q3 25 | 0.70× | 1.80× | ||
| Q2 25 | 4.30× | 2.91× | ||
| Q1 25 | 1.24× | -3.42× | ||
| Q4 24 | 1.41× | — | ||
| Q3 24 | 4.64× | 1.98× | ||
| Q2 24 | — | 2.08× | ||
| Q1 24 | -0.17× | -0.25× |
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
GME
| Hardware And Accessories | $367.4M | 45% |
| Collectibles | $256.1M | 31% |
| Software | $197.5M | 24% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
