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Hims & Hers Health, Inc.（HIMS）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Hims & Hers Health, Inc.的1.9倍（$1.2B vs $617.8M），利氏兄弟拍卖行净利率更高（9.1% vs 3.3%，领先5.8%），Hims & Hers Health, Inc.同比增速更快（28.4% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $-2.5M），过去两年Hims & Hers Health, Inc.的营收复合增速更高（49.0% vs 6.3%）
Hims & Hers Health, Inc.是2017年成立的美国远程医疗企业，面向消费者提供处方药品、非处方药物以及各类个人护理产品，依托线上服务模式为用户打造便捷的健康消费渠道，覆盖日常医疗、个护等多场景需求。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
HIMS vs RBA — 直观对比
营收规模更大
RBA
是对方的1.9倍
$617.8M
营收增速更快
HIMS
高出23.0%
5.4%
净利率更高
RBA
高出5.8%
3.3%
自由现金流更多
RBA
多$189.0M
$-2.5M
两年增速更快
HIMS
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $617.8M | $1.2B |
| 净利润 | $20.6M | $109.7M |
| 毛利率 | 71.9% | — |
| 营业利润率 | 1.5% | 14.7% |
| 净利率 | 3.3% | 9.1% |
| 营收同比 | 28.4% | 5.4% |
| 净利润同比 | -20.8% | -7.4% |
| 每股收益（稀释后） | $0.08 | $0.53 |
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HIMSRBA
| Q4 25 | $617.8M | $1.2B | ||
| Q3 25 | $599.0M | $1.1B | ||
| Q2 25 | $544.8M | $1.2B | ||
| Q1 25 | $586.0M | $1.1B | ||
| Q4 24 | $481.1M | $1.1B | ||
| Q3 24 | $401.6M | $981.8M | ||
| Q2 24 | $315.6M | $1.1B | ||
| Q1 24 | $278.2M | $1.1B |
净利润HIMSRBA
| Q4 25 | $20.6M | $109.7M | ||
| Q3 25 | $15.8M | $95.5M | ||
| Q2 25 | $42.5M | $109.8M | ||
| Q1 25 | $49.5M | $113.4M | ||
| Q4 24 | $26.0M | $118.5M | ||
| Q3 24 | $75.6M | $76.1M | ||
| Q2 24 | $13.3M | $111.1M | ||
| Q1 24 | $11.1M | $107.4M |
毛利率HIMSRBA
| Q4 25 | 71.9% | — | ||
| Q3 25 | 73.8% | — | ||
| Q2 25 | 76.4% | — | ||
| Q1 25 | 73.5% | — | ||
| Q4 24 | 76.8% | — | ||
| Q3 24 | 79.2% | — | ||
| Q2 24 | 81.3% | — | ||
| Q1 24 | 82.4% | — |
营业利润率HIMSRBA
| Q4 25 | 1.5% | 14.7% | ||
| Q3 25 | 2.0% | 14.5% | ||
| Q2 25 | 4.9% | 15.9% | ||
| Q1 25 | 9.9% | 17.1% | ||
| Q4 24 | 3.9% | 18.1% | ||
| Q3 24 | 5.6% | 15.6% | ||
| Q2 24 | 3.5% | 18.4% | ||
| Q1 24 | 3.6% | 18.7% |
净利率HIMSRBA
| Q4 25 | 3.3% | 9.1% | ||
| Q3 25 | 2.6% | 8.7% | ||
| Q2 25 | 7.8% | 9.3% | ||
| Q1 25 | 8.4% | 10.2% | ||
| Q4 24 | 5.4% | 10.4% | ||
| Q3 24 | 18.8% | 7.8% | ||
| Q2 24 | 4.2% | 10.1% | ||
| Q1 24 | 4.0% | 10.1% |
每股收益（稀释后）HIMSRBA
| Q4 25 | $0.08 | $0.53 | ||
| Q3 25 | $0.06 | $0.43 | ||
| Q2 25 | $0.17 | $0.53 | ||
| Q1 25 | $0.20 | $0.55 | ||
| Q4 24 | $0.10 | $0.58 | ||
| Q3 24 | $0.32 | $0.36 | ||
| Q2 24 | $0.06 | $0.54 | ||
| Q1 24 | $0.05 | $0.53 |
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 | $228.6M | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $540.9M | $5.6B |
| 总资产 | $2.2B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资HIMSRBA
| Q4 25 | $228.6M | $531.5M | ||
| Q3 25 | $345.8M | $674.7M | ||
| Q2 25 | $1.1B | $710.2M | ||
| Q1 25 | $273.7M | $578.1M | ||
| Q4 24 | $220.6M | $533.9M | ||
| Q3 24 | $165.5M | $650.7M | ||
| Q2 24 | $129.3M | $599.5M | ||
| Q1 24 | $105.2M | $462.8M |
总债务HIMSRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益HIMSRBA
| Q4 25 | $540.9M | $5.6B | ||
| Q3 25 | $581.0M | $5.5B | ||
| Q2 25 | $562.7M | $5.5B | ||
| Q1 25 | $549.3M | $5.3B | ||
| Q4 24 | $476.7M | $5.2B | ||
| Q3 24 | $440.1M | $5.2B | ||
| Q2 24 | $362.0M | $5.2B | ||
| Q1 24 | $344.5M | $5.1B |
总资产HIMSRBA
| Q4 25 | $2.2B | $12.1B | ||
| Q3 25 | $2.2B | $12.2B | ||
| Q2 25 | $1.9B | $12.2B | ||
| Q1 25 | $891.7M | $11.9B | ||
| Q4 24 | $707.5M | $11.8B | ||
| Q3 24 | $602.3M | $11.9B | ||
| Q2 24 | $480.5M | $12.1B | ||
| Q1 24 | $448.1M | $12.0B |
负债/权益比HIMSRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $61.3M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $186.5M |
| 自由现金流率自由现金流/营收 | -0.4% | 15.5% |
| 资本支出强度资本支出/营收 | 10.3% | 5.7% |
| 现金转化率经营现金流/净利润 | 2.98× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $57.4M | $719.2M |
8季度趋势，按日历期对齐
经营现金流HIMSRBA
| Q4 25 | $61.3M | $255.2M | ||
| Q3 25 | $148.7M | $239.7M | ||
| Q2 25 | $-19.1M | $326.5M | ||
| Q1 25 | $109.1M | $156.8M | ||
| Q4 24 | $86.4M | $184.5M | ||
| Q3 24 | $85.3M | $285.4M | ||
| Q2 24 | $53.6M | $337.3M | ||
| Q1 24 | $25.8M | $124.8M |
自由现金流HIMSRBA
| Q4 25 | $-2.5M | $186.5M | ||
| Q3 25 | $79.3M | $188.5M | ||
| Q2 25 | $-69.5M | $241.7M | ||
| Q1 25 | $50.1M | $102.5M | ||
| Q4 24 | $59.5M | $127.9M | ||
| Q3 24 | $79.4M | $248.5M | ||
| Q2 24 | $47.6M | $308.6M | ||
| Q1 24 | $11.8M | $79.6M |
自由现金流率HIMSRBA
| Q4 25 | -0.4% | 15.5% | ||
| Q3 25 | 13.2% | 17.3% | ||
| Q2 25 | -12.8% | 20.4% | ||
| Q1 25 | 8.5% | 9.2% | ||
| Q4 24 | 12.4% | 11.2% | ||
| Q3 24 | 19.8% | 25.3% | ||
| Q2 24 | 15.1% | 28.2% | ||
| Q1 24 | 4.3% | 7.5% |
资本支出强度HIMSRBA
| Q4 25 | 10.3% | 5.7% | ||
| Q3 25 | 11.6% | 4.7% | ||
| Q2 25 | 9.3% | 7.2% | ||
| Q1 25 | 10.1% | 4.9% | ||
| Q4 24 | 5.6% | 5.0% | ||
| Q3 24 | 1.5% | 3.8% | ||
| Q2 24 | 1.9% | 2.6% | ||
| Q1 24 | 5.0% | 4.2% |
现金转化率HIMSRBA
| Q4 25 | 2.98× | 2.33× | ||
| Q3 25 | 9.43× | 2.51× | ||
| Q2 25 | -0.45× | 2.97× | ||
| Q1 25 | 2.20× | 1.38× | ||
| Q4 24 | 3.32× | 1.56× | ||
| Q3 24 | 1.13× | 3.75× | ||
| Q2 24 | 4.03× | 3.04× | ||
| Q1 24 | 2.32× | 1.16× |
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
HIMS
暂无分部数据
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
