vs
HECLA MINING CO（HL）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是HECLA MINING CO的1.0倍（$461.6M vs $448.1M），HECLA MINING CO净利率更高（30.0% vs 14.6%，领先15.4%），HECLA MINING CO同比增速更快（79.5% vs 17.0%），HECLA MINING CO自由现金流更多（$134.7M vs $99.1M），过去两年HECLA MINING CO的营收复合增速更高（53.8% vs 5.6%）
赫克拉矿业是总部位于美国的金属开采企业，主营银、金、铅、锌等矿产开发，矿区主要分布于北美地区，产品供应珠宝、工业制造、新能源供应链等领域，是美国头部原生银生产商之一。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
HL vs RBC — 直观对比
营收规模更大
RBC
是对方的1.0倍
$448.1M
营收增速更快
HL
高出62.5%
17.0%
净利率更高
HL
高出15.4%
14.6%
自由现金流更多
HL
多$35.6M
$99.1M
两年增速更快
HL
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $448.1M | $461.6M |
| 净利润 | $134.4M | $67.4M |
| 毛利率 | 55.4% | 44.3% |
| 营业利润率 | 49.1% | 22.3% |
| 净利率 | 30.0% | 14.6% |
| 营收同比 | 79.5% | 17.0% |
| 净利润同比 | 1027.2% | 16.4% |
| 每股收益（稀释后） | $0.20 | $2.13 |
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HLRBC
| Q4 25 | $448.1M | $461.6M | ||
| Q3 25 | $409.5M | $455.3M | ||
| Q2 25 | $304.0M | $436.0M | ||
| Q1 25 | $261.3M | $437.7M | ||
| Q4 24 | $249.7M | $394.4M | ||
| Q3 24 | $245.1M | $397.9M | ||
| Q2 24 | $245.7M | $406.3M | ||
| Q1 24 | $189.5M | $413.7M |
净利润HLRBC
| Q4 25 | $134.4M | $67.4M | ||
| Q3 25 | $100.7M | $60.0M | ||
| Q2 25 | $57.7M | $68.5M | ||
| Q1 25 | $28.9M | $72.7M | ||
| Q4 24 | $11.9M | $57.9M | ||
| Q3 24 | $1.8M | $54.2M | ||
| Q2 24 | $27.9M | $61.4M | ||
| Q1 24 | $-5.8M | — |
毛利率HLRBC
| Q4 25 | 55.4% | 44.3% | ||
| Q3 25 | 44.1% | 44.1% | ||
| Q2 25 | 39.3% | 44.8% | ||
| Q1 25 | 28.3% | 44.2% | ||
| Q4 24 | 27.4% | 44.3% | ||
| Q3 24 | 24.2% | 43.7% | ||
| Q2 24 | 20.9% | 45.3% | ||
| Q1 24 | 10.1% | 43.1% |
营业利润率HLRBC
| Q4 25 | 49.1% | 22.3% | ||
| Q3 25 | 36.3% | 21.5% | ||
| Q2 25 | 30.8% | 23.2% | ||
| Q1 25 | 20.0% | 23.0% | ||
| Q4 24 | 15.3% | 21.7% | ||
| Q3 24 | 9.2% | 21.6% | ||
| Q2 24 | 16.5% | 24.0% | ||
| Q1 24 | 2.7% | 22.8% |
净利率HLRBC
| Q4 25 | 30.0% | 14.6% | ||
| Q3 25 | 24.6% | 13.2% | ||
| Q2 25 | 19.0% | 15.7% | ||
| Q1 25 | 11.0% | 16.6% | ||
| Q4 24 | 4.8% | 14.7% | ||
| Q3 24 | 0.7% | 13.6% | ||
| Q2 24 | 11.3% | 15.1% | ||
| Q1 24 | -3.0% | — |
每股收益（稀释后）HLRBC
| Q4 25 | $0.20 | $2.13 | ||
| Q3 25 | $0.15 | $1.90 | ||
| Q2 25 | $0.09 | $2.17 | ||
| Q1 25 | $0.05 | $2.33 | ||
| Q4 24 | $0.03 | $1.82 | ||
| Q3 24 | $0.00 | $1.65 | ||
| Q2 24 | $0.04 | $1.90 | ||
| Q1 24 | $-0.01 | $1.92 |
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 | $301.2M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $2.6B | $3.3B |
| 总资产 | $3.6B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资HLRBC
| Q4 25 | $301.2M | $107.6M | ||
| Q3 25 | $133.9M | $91.2M | ||
| Q2 25 | $296.6M | $132.9M | ||
| Q1 25 | $23.7M | $36.8M | ||
| Q4 24 | $26.9M | — | ||
| Q3 24 | $22.3M | — | ||
| Q2 24 | $24.6M | $76.8M | ||
| Q1 24 | $80.2M | $63.5M |
总债务HLRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益HLRBC
| Q4 25 | $2.6B | $3.3B | ||
| Q3 25 | $2.4B | $3.2B | ||
| Q2 25 | $2.3B | $3.1B | ||
| Q1 25 | $2.1B | $3.0B | ||
| Q4 24 | $2.0B | $2.9B | ||
| Q3 24 | $2.0B | $2.9B | ||
| Q2 24 | $2.0B | $2.8B | ||
| Q1 24 | $2.0B | $2.8B |
总资产HLRBC
| Q4 25 | $3.6B | $5.1B | ||
| Q3 25 | $3.2B | $5.1B | ||
| Q2 25 | $3.3B | $4.8B | ||
| Q1 25 | $3.0B | $4.7B | ||
| Q4 24 | $3.0B | $4.7B | ||
| Q3 24 | $3.0B | $4.7B | ||
| Q2 24 | $2.9B | $4.7B | ||
| Q1 24 | $3.0B | $4.7B |
负债/权益比HLRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $217.1M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $134.7M | $99.1M |
| 自由现金流率自由现金流/营收 | 30.1% | 21.5% |
| 资本支出强度资本支出/营收 | 18.4% | 5.0% |
| 现金转化率经营现金流/净利润 | 1.61× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $310.2M | — |
8季度趋势，按日历期对齐
经营现金流HLRBC
| Q4 25 | $217.1M | $122.1M | ||
| Q3 25 | $148.0M | $88.4M | ||
| Q2 25 | $161.8M | $120.0M | ||
| Q1 25 | $35.7M | — | ||
| Q4 24 | $67.5M | $84.0M | ||
| Q3 24 | $55.0M | — | ||
| Q2 24 | $78.7M | $97.4M | ||
| Q1 24 | $17.1M | — |
自由现金流HLRBC
| Q4 25 | $134.7M | $99.1M | ||
| Q3 25 | $90.1M | $71.7M | ||
| Q2 25 | $103.8M | $104.3M | ||
| Q1 25 | $-18.4M | — | ||
| Q4 24 | $6.7M | $73.6M | ||
| Q3 24 | $-690.0K | — | ||
| Q2 24 | $28.3M | $88.4M | ||
| Q1 24 | $-30.5M | — |
自由现金流率HLRBC
| Q4 25 | 30.1% | 21.5% | ||
| Q3 25 | 22.0% | 15.7% | ||
| Q2 25 | 34.1% | 23.9% | ||
| Q1 25 | -7.0% | — | ||
| Q4 24 | 2.7% | 18.7% | ||
| Q3 24 | -0.3% | — | ||
| Q2 24 | 11.5% | 21.8% | ||
| Q1 24 | -16.1% | — |
资本支出强度HLRBC
| Q4 25 | 18.4% | 5.0% | ||
| Q3 25 | 14.1% | 3.7% | ||
| Q2 25 | 19.1% | 3.6% | ||
| Q1 25 | 20.7% | 3.2% | ||
| Q4 24 | 24.3% | 2.6% | ||
| Q3 24 | 22.7% | 4.1% | ||
| Q2 24 | 20.5% | 2.2% | ||
| Q1 24 | 25.1% | — |
现金转化率HLRBC
| Q4 25 | 1.61× | 1.81× | ||
| Q3 25 | 1.47× | 1.47× | ||
| Q2 25 | 2.80× | 1.75× | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 5.66× | 1.45× | ||
| Q3 24 | 31.24× | — | ||
| Q2 24 | 2.82× | 1.59× | ||
| Q1 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
HL
| Silver Contracts | $258.5M | 58% |
| Gold | $129.2M | 29% |
| Zinc | $30.3M | 7% |
| Lead | $23.3M | 5% |
| Environmental Remediation Services | $9.2M | 2% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
