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Global Payments（GPN）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
Global Payments的季度营收约是罗致恒富的1.0倍（$1.3B vs $1.3B），罗致恒富同比增速更快（-5.8% vs -47.1%），Global Payments自由现金流更多（$347.0M vs $170.8M），过去两年罗致恒富的营收复合增速更高（-6.1% vs -25.9%）
Global Payments Inc.是美国跨国金融科技企业，面向商户、发卡机构及消费者提供支付技术与相关服务，支持信用卡、借记卡、数字支付及非接触式支付的交易处理，2021年6月入选《财富》500强榜单。
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。
GPN vs RHI — 直观对比
营收规模更大
GPN
是对方的1.0倍
$1.3B
营收增速更快
RHI
高出41.4%
-47.1%
自由现金流更多
GPN
多$176.2M
$170.8M
两年增速更快
RHI
近两年复合增速
-25.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.3B |
| 净利润 | $217.5M | — |
| 毛利率 | 89.7% | 37.6% |
| 营业利润率 | 5.9% | 1.7% |
| 净利率 | 16.4% | — |
| 营收同比 | -47.1% | -5.8% |
| 净利润同比 | -61.6% | — |
| 每股收益（稀释后） | $0.91 | $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GPNRHI
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.5B | $1.4B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.6B | $1.5B | ||
| Q1 24 | $2.4B | $1.5B |
净利润GPNRHI
| Q4 25 | $217.5M | — | ||
| Q3 25 | $635.2M | $42.9M | ||
| Q2 25 | $241.6M | $41.0M | ||
| Q1 25 | $305.7M | $17.4M | ||
| Q4 24 | $567.2M | — | ||
| Q3 24 | $315.1M | $65.5M | ||
| Q2 24 | $374.8M | $68.2M | ||
| Q1 24 | $313.3M | $63.7M |
毛利率GPNRHI
| Q4 25 | 89.7% | 37.6% | ||
| Q3 25 | 72.3% | 37.2% | ||
| Q2 25 | 74.5% | 37.2% | ||
| Q1 25 | 61.8% | 36.9% | ||
| Q4 24 | 62.1% | 38.8% | ||
| Q3 24 | 63.6% | 39.0% | ||
| Q2 24 | 63.5% | 39.2% | ||
| Q1 24 | 61.9% | 38.1% |
营业利润率GPNRHI
| Q4 25 | 5.9% | 1.7% | ||
| Q3 25 | 38.8% | 1.0% | ||
| Q2 25 | 21.8% | 0.1% | ||
| Q1 25 | 19.5% | 2.9% | ||
| Q4 24 | 33.1% | 4.7% | ||
| Q3 24 | 18.3% | 4.1% | ||
| Q2 24 | 22.3% | 5.1% | ||
| Q1 24 | 18.7% | 2.8% |
净利率GPNRHI
| Q4 25 | 16.4% | — | ||
| Q3 25 | 31.6% | 3.2% | ||
| Q2 25 | 12.3% | 3.0% | ||
| Q1 25 | 12.7% | 1.3% | ||
| Q4 24 | 22.5% | — | ||
| Q3 24 | 12.1% | 4.5% | ||
| Q2 24 | 14.6% | 4.6% | ||
| Q1 24 | 12.9% | 4.3% |
每股收益（稀释后）GPNRHI
| Q4 25 | $0.91 | $0.32 | ||
| Q3 25 | $2.64 | $0.43 | ||
| Q2 25 | $0.99 | $0.41 | ||
| Q1 25 | $1.24 | $0.17 | ||
| Q4 24 | $2.23 | $0.53 | ||
| Q3 24 | $1.24 | $0.64 | ||
| Q2 24 | $1.47 | $0.66 | ||
| Q1 24 | $1.22 | $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 | $8.3B | $464.4M |
| 总债务越低越好 | $19.5B | — |
| 股东权益账面价值 | $22.9B | $1.3B |
| 总资产 | $53.3B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.85× | — |
8季度趋势，按日历期对齐
现金及短期投资GPNRHI
| Q4 25 | $8.3B | $464.4M | ||
| Q3 25 | $2.6B | $365.3M | ||
| Q2 25 | $2.6B | $380.5M | ||
| Q1 25 | $2.9B | $342.5M | ||
| Q4 24 | $2.5B | $537.6M | ||
| Q3 24 | $2.9B | $570.5M | ||
| Q2 24 | $2.1B | $547.4M | ||
| Q1 24 | $2.2B | $540.9M |
总债务GPNRHI
| Q4 25 | $19.5B | — | ||
| Q3 25 | $13.3B | — | ||
| Q2 25 | $14.2B | — | ||
| Q1 25 | $15.0B | — | ||
| Q4 24 | $15.2B | — | ||
| Q3 24 | $15.2B | — | ||
| Q2 24 | $15.6B | — | ||
| Q1 24 | $15.6B | — |
股东权益GPNRHI
| Q4 25 | $22.9B | $1.3B | ||
| Q3 25 | $22.7B | $1.3B | ||
| Q2 25 | $22.6B | $1.3B | ||
| Q1 25 | $22.2B | $1.3B | ||
| Q4 24 | $22.3B | $1.4B | ||
| Q3 24 | $22.8B | $1.5B | ||
| Q2 24 | $22.4B | $1.5B | ||
| Q1 24 | $22.2B | $1.5B |
总资产GPNRHI
| Q4 25 | $53.3B | $2.9B | ||
| Q3 25 | $48.0B | $2.8B | ||
| Q2 25 | $48.5B | $2.8B | ||
| Q1 25 | $47.6B | $2.7B | ||
| Q4 24 | $46.9B | $2.9B | ||
| Q3 24 | $50.0B | $3.0B | ||
| Q2 24 | $50.8B | $2.9B | ||
| Q1 24 | $51.8B | $2.9B |
负债/权益比GPNRHI
| Q4 25 | 0.85× | — | ||
| Q3 25 | 0.59× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.70× | — | ||
| Q1 24 | 0.70× | — |
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 | $515.2M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $347.0M | $170.8M |
| 自由现金流率自由现金流/营收 | 26.1% | 13.1% |
| 资本支出强度资本支出/营收 | 12.7% | 0.9% |
| 现金转化率经营现金流/净利润 | 2.37× | — |
| 过去12个月自由现金流最近4个季度 | $2.0B | $266.8M |
8季度趋势，按日历期对齐
经营现金流GPNRHI
| Q4 25 | $515.2M | $182.5M | ||
| Q3 25 | $768.7M | $77.4M | ||
| Q2 25 | $817.5M | $119.4M | ||
| Q1 25 | $555.1M | $-59.3M | ||
| Q4 24 | $653.4M | $154.8M | ||
| Q3 24 | $1.7B | $129.6M | ||
| Q2 24 | $736.9M | $142.0M | ||
| Q1 24 | $416.3M | $-15.9M |
自由现金流GPNRHI
| Q4 25 | $347.0M | $170.8M | ||
| Q3 25 | $598.9M | $63.6M | ||
| Q2 25 | $665.4M | $104.2M | ||
| Q1 25 | $427.5M | $-71.7M | ||
| Q4 24 | $469.4M | $140.5M | ||
| Q3 24 | $1.6B | $111.8M | ||
| Q2 24 | $557.7M | $129.6M | ||
| Q1 24 | $270.9M | $-27.7M |
自由现金流率GPNRHI
| Q4 25 | 26.1% | 13.1% | ||
| Q3 25 | 29.8% | 4.7% | ||
| Q2 25 | 34.0% | 7.6% | ||
| Q1 25 | 17.7% | -5.3% | ||
| Q4 24 | 18.7% | 10.2% | ||
| Q3 24 | 60.0% | 7.6% | ||
| Q2 24 | 21.7% | 8.8% | ||
| Q1 24 | 11.2% | -1.9% |
资本支出强度GPNRHI
| Q4 25 | 12.7% | 0.9% | ||
| Q3 25 | 8.5% | 1.0% | ||
| Q2 25 | 7.8% | 1.1% | ||
| Q1 25 | 5.3% | 0.9% | ||
| Q4 24 | 7.3% | 1.0% | ||
| Q3 24 | 6.4% | 1.2% | ||
| Q2 24 | 7.0% | 0.8% | ||
| Q1 24 | 6.0% | 0.8% |
现金转化率GPNRHI
| Q4 25 | 2.37× | — | ||
| Q3 25 | 1.21× | 1.80× | ||
| Q2 25 | 3.38× | 2.91× | ||
| Q1 25 | 1.82× | -3.42× | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 5.48× | 1.98× | ||
| Q2 24 | 1.97× | 2.08× | ||
| Q1 24 | 1.33× | -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
GPN
| Integrated And Embedded Solutions | $869.3M | 65% |
| Point Of Sale And Software Solutions | $281.7M | 21% |
| Other | $178.4M | 13% |
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% |
