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伯克希尔·哈撒韦（HEI）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是伯克希尔·哈撒韦的1.6倍（$1.9B vs $1.2B），伯克希尔·哈撒韦净利率更高（15.6% vs 8.4%，领先7.1%），伯克希尔·哈撒韦同比增速更快（19.3% vs 3.5%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $268.5M），过去两年伯克希尔·哈撒韦的营收复合增速更高（16.2% vs 12.0%）
伯克希尔·哈撒韦是总部位于美国内布拉斯加州奥马哈的跨国综合控股集团，最初主营纺织品制造，1965年起在董事长兼首席执行官沃伦·巴菲特、副董事长查理·芒格的带领下转型为多元化企业集团，2026年初格雷格·阿贝尔接任首席执行官，巴菲特个人持有公司38.4%的A类有投票权股份，对应15.1%的整体经济权益。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
HEI vs RPM — 直观对比
营收规模更大
RPM
是对方的1.6倍
$1.2B
营收增速更快
HEI
高出15.8%
3.5%
净利率更高
HEI
高出7.1%
8.4%
自由现金流更多
RPM
多$27.9M
$268.5M
两年增速更快
HEI
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.9B |
| 净利润 | $188.3M | $161.2M |
| 毛利率 | 40.2% | 40.8% |
| 营业利润率 | 23.1% | 11.0% |
| 净利率 | 15.6% | 8.4% |
| 营收同比 | 19.3% | 3.5% |
| 净利润同比 | 34.8% | -12.0% |
| 每股收益（稀释后） | $1.32 | $1.26 |
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HEIRPM
| Q4 25 | $1.2B | $1.9B | ||
| Q3 25 | $1.1B | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $1.0B | $1.8B | ||
| Q3 24 | $992.2M | $2.0B | ||
| Q2 24 | $955.4M | $2.0B | ||
| Q1 24 | $896.4M | $1.5B |
净利润HEIRPM
| Q4 25 | $188.3M | $161.2M | ||
| Q3 25 | $177.3M | $227.6M | ||
| Q2 25 | $156.8M | $225.8M | ||
| Q1 25 | $168.0M | $52.0M | ||
| Q4 24 | $139.7M | $183.2M | ||
| Q3 24 | $136.6M | $227.7M | ||
| Q2 24 | $123.1M | $180.6M | ||
| Q1 24 | $114.7M | $61.2M |
毛利率HEIRPM
| Q4 25 | 40.2% | 40.8% | ||
| Q3 25 | 39.8% | 42.3% | ||
| Q2 25 | 39.9% | 42.4% | ||
| Q1 25 | 39.4% | 38.4% | ||
| Q4 24 | 38.9% | 41.4% | ||
| Q3 24 | 39.2% | 42.5% | ||
| Q2 24 | 38.9% | 41.4% | ||
| Q1 24 | 38.7% | 39.9% |
营业利润率HEIRPM
| Q4 25 | 23.1% | 11.0% | ||
| Q3 25 | 23.1% | 14.1% | ||
| Q2 25 | 22.6% | 11.9% | ||
| Q1 25 | 22.0% | 2.8% | ||
| Q4 24 | 21.6% | 11.5% | ||
| Q3 24 | 21.8% | 14.8% | ||
| Q2 24 | 21.9% | 11.9% | ||
| Q1 24 | 20.1% | 5.5% |
净利率HEIRPM
| Q4 25 | 15.6% | 8.4% | ||
| Q3 25 | 15.5% | 10.8% | ||
| Q2 25 | 14.3% | 10.8% | ||
| Q1 25 | 16.3% | 3.5% | ||
| Q4 24 | 13.8% | 9.9% | ||
| Q3 24 | 13.8% | 11.6% | ||
| Q2 24 | 12.9% | 9.0% | ||
| Q1 24 | 12.8% | 4.0% |
每股收益（稀释后）HEIRPM
| Q4 25 | $1.32 | $1.26 | ||
| Q3 25 | $1.26 | $1.77 | ||
| Q2 25 | $1.12 | $1.76 | ||
| Q1 25 | $1.20 | $0.40 | ||
| Q4 24 | $1.00 | $1.42 | ||
| Q3 24 | $0.97 | $1.77 | ||
| Q2 24 | $0.88 | $1.40 | ||
| Q1 24 | $0.82 | $0.47 |
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 | $217.8M | $316.6M |
| 总债务越低越好 | $2.2B | $2.5B |
| 股东权益账面价值 | $4.3B | $3.1B |
| 总资产 | $8.5B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.50× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资HEIRPM
| Q4 25 | $217.8M | $316.6M | ||
| Q3 25 | $261.9M | $297.1M | ||
| Q2 25 | $242.3M | $302.1M | ||
| Q1 25 | $165.5M | $241.9M | ||
| Q4 24 | $162.1M | $268.7M | ||
| Q3 24 | $202.9M | $231.6M | ||
| Q2 24 | $204.2M | $237.4M | ||
| Q1 24 | $196.3M | $248.9M |
总债务HEIRPM
| Q4 25 | $2.2B | $2.5B | ||
| Q3 25 | $2.4B | $2.7B | ||
| Q2 25 | $2.3B | $2.6B | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.2B | $2.0B | ||
| Q3 24 | $2.3B | $2.0B | ||
| Q2 24 | $2.4B | $2.0B | ||
| Q1 24 | $2.5B | $2.2B |
股东权益HEIRPM
| Q4 25 | $4.3B | $3.1B | ||
| Q3 25 | $4.1B | $3.1B | ||
| Q2 25 | $4.0B | $2.9B | ||
| Q1 25 | $3.7B | $2.7B | ||
| Q4 24 | $3.6B | $2.7B | ||
| Q3 24 | $3.5B | $2.6B | ||
| Q2 24 | $3.4B | $2.5B | ||
| Q1 24 | $3.3B | $2.3B |
总资产HEIRPM
| Q4 25 | $8.5B | $7.9B | ||
| Q3 25 | $8.5B | $7.9B | ||
| Q2 25 | $8.1B | $7.8B | ||
| Q1 25 | $7.9B | $6.6B | ||
| Q4 24 | $7.6B | $6.7B | ||
| Q3 24 | $7.4B | $6.6B | ||
| Q2 24 | $7.4B | $6.6B | ||
| Q1 24 | $7.3B | $6.4B |
负债/权益比HEIRPM
| Q4 25 | 0.50× | 0.80× | ||
| Q3 25 | 0.59× | 0.87× | ||
| Q2 25 | 0.57× | 0.91× | ||
| Q1 25 | 0.63× | 0.78× | ||
| Q4 24 | 0.61× | 0.74× | ||
| Q3 24 | 0.64× | 0.77× | ||
| Q2 24 | 0.70× | 0.79× | ||
| Q1 24 | 0.76× | 0.93× |
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 | $295.3M | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $268.5M | $296.4M |
| 自由现金流率自由现金流/营收 | 22.2% | 15.5% |
| 资本支出强度资本支出/营收 | 2.2% | 2.6% |
| 现金转化率经营现金流/净利润 | 1.57× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $861.4M | $582.9M |
8季度趋势，按日历期对齐
经营现金流HEIRPM
| Q4 25 | $295.3M | $345.7M | ||
| Q3 25 | $231.2M | $237.5M | ||
| Q2 25 | $204.7M | $149.2M | ||
| Q1 25 | $203.0M | $91.5M | ||
| Q4 24 | $205.6M | $279.4M | ||
| Q3 24 | $214.0M | $248.1M | ||
| Q2 24 | $141.1M | $181.2M | ||
| Q1 24 | $111.7M | $173.4M |
自由现金流HEIRPM
| Q4 25 | $268.5M | $296.4M | ||
| Q3 25 | $218.5M | $175.0M | ||
| Q2 25 | $188.7M | $78.2M | ||
| Q1 25 | $185.7M | $33.3M | ||
| Q4 24 | $189.5M | $229.5M | ||
| Q3 24 | $198.1M | $197.3M | ||
| Q2 24 | $128.2M | $105.3M | ||
| Q1 24 | $98.3M | $124.6M |
自由现金流率HEIRPM
| Q4 25 | 22.2% | 15.5% | ||
| Q3 25 | 19.0% | 8.3% | ||
| Q2 25 | 17.2% | 3.8% | ||
| Q1 25 | 18.0% | 2.3% | ||
| Q4 24 | 18.7% | 12.4% | ||
| Q3 24 | 20.0% | 10.0% | ||
| Q2 24 | 13.4% | 5.2% | ||
| Q1 24 | 11.0% | 8.2% |
资本支出强度HEIRPM
| Q4 25 | 2.2% | 2.6% | ||
| Q3 25 | 1.1% | 3.0% | ||
| Q2 25 | 1.5% | 3.4% | ||
| Q1 25 | 1.7% | 3.9% | ||
| Q4 24 | 1.6% | 2.7% | ||
| Q3 24 | 1.6% | 2.6% | ||
| Q2 24 | 1.4% | 3.8% | ||
| Q1 24 | 1.5% | 3.2% |
现金转化率HEIRPM
| Q4 25 | 1.57× | 2.14× | ||
| Q3 25 | 1.30× | 1.04× | ||
| Q2 25 | 1.31× | 0.66× | ||
| Q1 25 | 1.21× | 1.76× | ||
| Q4 24 | 1.47× | 1.53× | ||
| Q3 24 | 1.57× | 1.09× | ||
| Q2 24 | 1.15× | 1.00× | ||
| Q1 24 | 0.97× | 2.83× |
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
HEI
| Aftermarket Replacement Parts | $510.0M | 42% |
| Electronic Componentsfor Defense Spaceand Aerospace | $311.8M | 26% |
| Defenseand Space | $170.6M | 14% |
| Specialty Products | $118.9M | 10% |
| Other Electronic Components | $73.0M | 6% |
| Other Industries | $15.9M | 1% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
