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Acushnet Holdings Corp.（GOLF）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是Acushnet Holdings Corp.的1.7倍（$828.2M vs $477.2M），Rithm Capital Corp.净利率更高（13.2% vs -7.3%，领先20.5%），Rithm Capital Corp.同比增速更快（508.5% vs 7.2%），过去两年Acushnet Holdings Corp.的营收复合增速更高（-17.9% vs -17.9%）
Acushnet Holdings Corp.是一家专注于高尔夫赛道的美国企业，旗下运营多个知名品牌，产品品类覆盖高尔夫专业器材、运动服饰及相关配件，为全球高尔夫运动爱好者提供多元化的相关产品选择。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
GOLF vs RITM — 直观对比
营收规模更大
RITM
是对方的1.7倍
$477.2M
营收增速更快
RITM
高出501.3%
7.2%
净利率更高
RITM
高出20.5%
-7.3%
两年增速更快
GOLF
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $477.2M | $828.2M |
| 净利润 | $-34.9M | $109.5M |
| 毛利率 | 44.1% | — |
| 营业利润率 | -3.8% | 29.9% |
| 净利率 | -7.3% | 13.2% |
| 营收同比 | 7.2% | 508.5% |
| 净利润同比 | -3027.3% | 27.7% |
| 每股收益（稀释后） | $-0.57 | $0.12 |
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GOLFRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $477.2M | $1.5B | ||
| Q3 25 | $657.7M | $1.1B | ||
| Q2 25 | $720.5M | $1.2B | ||
| Q1 25 | $703.4M | $768.4M | ||
| Q4 24 | $445.2M | $2.1B | ||
| Q3 24 | $620.5M | $619.5M | ||
| Q2 24 | $683.9M | $1.2B |
净利润GOLFRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $-34.9M | $85.0M | ||
| Q3 25 | $48.5M | $221.5M | ||
| Q2 25 | $75.6M | $311.7M | ||
| Q1 25 | $99.4M | $78.8M | ||
| Q4 24 | $-1.1M | $290.2M | ||
| Q3 24 | $56.2M | $121.7M | ||
| Q2 24 | $71.4M | $235.6M |
毛利率GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | 44.1% | — | ||
| Q3 25 | 48.5% | — | ||
| Q2 25 | 49.2% | — | ||
| Q1 25 | 47.9% | — | ||
| Q4 24 | 22.6% | — | ||
| Q3 24 | 54.4% | — | ||
| Q2 24 | 54.4% | — |
营业利润率GOLFRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | -3.8% | 13.8% | ||
| Q3 25 | 14.1% | 21.4% | ||
| Q2 25 | 15.2% | 25.2% | ||
| Q1 25 | 16.3% | 7.4% | ||
| Q4 24 | -1.2% | 23.8% | ||
| Q3 24 | 13.2% | 7.3% | ||
| Q2 24 | 15.5% | 23.6% |
净利率GOLFRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | -7.3% | 5.7% | ||
| Q3 25 | 7.4% | 20.0% | ||
| Q2 25 | 10.5% | 25.6% | ||
| Q1 25 | 14.1% | 10.3% | ||
| Q4 24 | -0.3% | 14.0% | ||
| Q3 24 | 9.1% | 19.7% | ||
| Q2 24 | 10.4% | 19.2% |
每股收益（稀释后）GOLFRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $-0.57 | $0.09 | ||
| Q3 25 | $0.81 | $0.35 | ||
| Q2 25 | $1.25 | $0.53 | ||
| Q1 25 | $1.62 | $0.07 | ||
| Q4 24 | $0.02 | $0.50 | ||
| Q3 24 | $0.89 | $0.20 | ||
| Q2 24 | $1.11 | $0.43 |
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 | — | — |
| 总债务越低越好 | $926.2M | — |
| 股东权益账面价值 | $783.6M | $9.1B |
| 总资产 | $2.3B | $53.4B |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.2B |
总债务GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | $926.2M | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | $753.1M | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益GOLFRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $783.6M | $8.4B | ||
| Q3 25 | $852.3M | $8.5B | ||
| Q2 25 | $808.5M | $7.9B | ||
| Q1 25 | $780.3M | $7.8B | ||
| Q4 24 | $765.2M | $7.8B | ||
| Q3 24 | $863.9M | $7.7B | ||
| Q2 24 | $863.7M | $7.3B |
总资产GOLFRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $2.3B | $53.1B | ||
| Q3 25 | $2.4B | $47.2B | ||
| Q2 25 | $2.4B | $44.3B | ||
| Q1 25 | $2.4B | $45.3B | ||
| Q4 24 | $2.2B | $46.0B | ||
| Q3 24 | $2.3B | $42.3B | ||
| Q2 24 | $2.3B | $42.0B |
负债/权益比GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.18× | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | 0.98× | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | $-338.0K | — |
| 自由现金流经营现金流 - 资本支出 | $-23.3M | — |
| 自由现金流率自由现金流/营收 | -4.9% | — |
| 资本支出强度资本支出/营收 | 4.8% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $120.0M | — |
8季度趋势，按日历期对齐
经营现金流GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | $-338.0K | $-114.6M | ||
| Q3 25 | $163.1M | $-2.0B | ||
| Q2 25 | $151.9M | $-557.1M | ||
| Q1 25 | $-120.3M | $1.4B | ||
| Q4 24 | $-1.1M | $-1.8B | ||
| Q3 24 | $144.1M | $768.1M | ||
| Q2 24 | $211.6M | $-55.7M |
自由现金流GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | $-23.3M | — | ||
| Q3 25 | $136.9M | — | ||
| Q2 25 | $138.0M | — | ||
| Q1 25 | $-131.5M | — | ||
| Q4 24 | $-33.2M | — | ||
| Q3 24 | $123.7M | — | ||
| Q2 24 | $196.8M | — |
自由现金流率GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | -4.9% | — | ||
| Q3 25 | 20.8% | — | ||
| Q2 25 | 19.2% | — | ||
| Q1 25 | -18.7% | — | ||
| Q4 24 | -7.5% | — | ||
| Q3 24 | 19.9% | — | ||
| Q2 24 | 28.8% | — |
资本支出强度GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.0% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 2.2% | — |
现金转化率GOLFRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | 3.36× | -9.22× | ||
| Q2 25 | 2.01× | -1.79× | ||
| Q1 25 | -1.21× | 18.03× | ||
| Q4 24 | — | -6.04× | ||
| Q3 24 | 2.56× | 6.31× | ||
| Q2 24 | 2.96× | -0.24× |
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
GOLF
| Titleist Golf Equipment | $293.8M | 62% |
| Footjoy Golf Wear | $102.0M | 21% |
| Other | $45.3M | 9% |
| Golf Gear | $36.1M | 8% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
