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HNI CORP（HNI）与Rubrik, Inc.（RBRK）财务数据对比。点击上方公司名可切换其他公司
HNI CORP的季度营收约是Rubrik, Inc.的2.0倍（$683.8M vs $350.2M），HNI CORP净利率更高（6.0% vs -18.2%，领先24.3%），Rubrik, Inc.同比增速更快（48.3% vs 1.7%），HNI CORP自由现金流更多（$135.6M vs $80.7M）
HNI公司是全球营收规模领先的办公家具制造商之一，同时也是全球壁炉产品行业的头部企业，生产销售燃气、电、燃木及生物质燃料壁炉、嵌入式炉具、取暖炉、饰面及相关配件。公司1944年由工程师C.麦克斯韦·斯坦利等三人联合创立，总部位于美国爱荷华州马斯卡廷。
Rubrik是总部位于美国加利福尼亚州帕洛阿尔托的云数据管理与数据安全企业，成立于2014年1月，专注于为客户提供云环境下的数据管理、安全防护相关解决方案，2024年4月在纽约证券交易所上市。
HNI vs RBRK — 直观对比
营收规模更大
HNI
是对方的2.0倍
$350.2M
营收增速更快
RBRK
高出46.5%
1.7%
净利率更高
HNI
高出24.3%
-18.2%
自由现金流更多
HNI
多$54.9M
$80.7M
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $683.8M | $350.2M |
| 净利润 | $41.2M | $-63.8M |
| 毛利率 | 42.1% | 80.5% |
| 营业利润率 | 9.4% | -21.6% |
| 净利率 | 6.0% | -18.2% |
| 营收同比 | 1.7% | 48.3% |
| 净利润同比 | -13.3% | 51.2% |
| 每股收益（稀释后） | $0.88 | $-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HNIRBRK
| Q4 25 | — | $350.2M | ||
| Q3 25 | $683.8M | $309.9M | ||
| Q2 25 | $667.1M | $278.5M | ||
| Q1 25 | $599.8M | $258.1M | ||
| Q4 24 | $642.5M | $236.2M | ||
| Q3 24 | $672.2M | $205.0M | ||
| Q2 24 | $623.7M | $187.3M | ||
| Q1 24 | $588.0M | — |
净利润HNIRBRK
| Q4 25 | — | $-63.8M | ||
| Q3 25 | $41.2M | $-95.9M | ||
| Q2 25 | $48.2M | $-102.1M | ||
| Q1 25 | $13.9M | $-114.9M | ||
| Q4 24 | $38.3M | $-130.9M | ||
| Q3 24 | $47.5M | $-176.9M | ||
| Q2 24 | $36.0M | $-732.1M | ||
| Q1 24 | $17.7M | — |
毛利率HNIRBRK
| Q4 25 | — | 80.5% | ||
| Q3 25 | 42.1% | 79.5% | ||
| Q2 25 | 42.9% | 78.3% | ||
| Q1 25 | 39.7% | 77.4% | ||
| Q4 24 | 40.5% | 76.2% | ||
| Q3 24 | 41.5% | 73.1% | ||
| Q2 24 | 41.9% | 48.8% | ||
| Q1 24 | 39.6% | — |
营业利润率HNIRBRK
| Q4 25 | — | -21.6% | ||
| Q3 25 | 9.4% | -30.5% | ||
| Q2 25 | 10.2% | -33.4% | ||
| Q1 25 | 4.1% | -45.0% | ||
| Q4 24 | 8.5% | -52.8% | ||
| Q3 24 | 10.2% | -82.1% | ||
| Q2 24 | 8.6% | -387.0% | ||
| Q1 24 | 5.1% | — |
净利率HNIRBRK
| Q4 25 | — | -18.2% | ||
| Q3 25 | 6.0% | -31.0% | ||
| Q2 25 | 7.2% | -36.7% | ||
| Q1 25 | 2.3% | -44.5% | ||
| Q4 24 | 6.0% | -55.4% | ||
| Q3 24 | 7.1% | -86.3% | ||
| Q2 24 | 5.8% | -390.8% | ||
| Q1 24 | 3.0% | — |
每股收益（稀释后）HNIRBRK
| Q4 25 | — | $-0.32 | ||
| Q3 25 | $0.88 | $-0.49 | ||
| Q2 25 | $1.02 | $-0.53 | ||
| Q1 25 | $0.29 | $5.69 | ||
| Q4 24 | $0.78 | $-0.71 | ||
| Q3 24 | $0.98 | $-0.98 | ||
| Q2 24 | $0.75 | $-11.48 | ||
| Q1 24 | $0.37 | — |
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 | $28.1M | $307.1M |
| 总债务越低越好 | $324.2M | — |
| 股东权益账面价值 | $835.9M | $-524.4M |
| 总资产 | $1.8B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.39× | — |
8季度趋势，按日历期对齐
现金及短期投资HNIRBRK
| Q4 25 | — | $307.1M | ||
| Q3 25 | $28.1M | $322.7M | ||
| Q2 25 | $38.2M | $284.0M | ||
| Q1 25 | $27.5M | $186.3M | ||
| Q4 24 | $28.9M | $103.9M | ||
| Q3 24 | $40.2M | $142.3M | ||
| Q2 24 | $33.5M | $502.6M | ||
| Q1 24 | $32.5M | — |
总债务HNIRBRK
| Q4 25 | — | — | ||
| Q3 25 | $324.2M | — | ||
| Q2 25 | $444.4M | — | ||
| Q1 25 | $404.7M | — | ||
| Q4 24 | $344.6M | — | ||
| Q3 24 | $345.4M | — | ||
| Q2 24 | $462.3M | — | ||
| Q1 24 | $473.0M | — |
股东权益HNIRBRK
| Q4 25 | — | $-524.4M | ||
| Q3 25 | $835.9M | $-564.3M | ||
| Q2 25 | $811.0M | $-556.5M | ||
| Q1 25 | $803.6M | $-553.7M | ||
| Q4 24 | $840.1M | $-521.1M | ||
| Q3 24 | $846.6M | $-499.3M | ||
| Q2 24 | $787.8M | $-514.6M | ||
| Q1 24 | $771.5M | — |
总资产HNIRBRK
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.8B | $2.4B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.9B | $1.4B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $1.9B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $1.9B | — |
负债/权益比HNIRBRK
| Q4 25 | — | — | ||
| Q3 25 | 0.39× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.61× | — |
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 | $155.2M | $85.5M |
| 自由现金流经营现金流 - 资本支出 | $135.6M | $80.7M |
| 自由现金流率自由现金流/营收 | 19.8% | 23.1% |
| 资本支出强度资本支出/营收 | 2.9% | 1.4% |
| 现金转化率经营现金流/净利润 | 3.77× | — |
| 过去12个月自由现金流最近4个季度 | $189.5M | $256.8M |
8季度趋势，按日历期对齐
经营现金流HNIRBRK
| Q4 25 | — | $85.5M | ||
| Q3 25 | $155.2M | $64.7M | ||
| Q2 25 | $31.1M | $39.7M | ||
| Q1 25 | $12.6M | $83.6M | ||
| Q4 24 | $51.2M | $23.1M | ||
| Q3 24 | $128.5M | $-27.1M | ||
| Q2 24 | $51.3M | $-31.4M | ||
| Q1 24 | $-4.3M | — |
自由现金流HNIRBRK
| Q4 25 | — | $80.7M | ||
| Q3 25 | $135.6M | $61.2M | ||
| Q2 25 | $16.1M | $36.8M | ||
| Q1 25 | $-3.7M | $78.0M | ||
| Q4 24 | $41.5M | $18.0M | ||
| Q3 24 | $114.0M | $-29.7M | ||
| Q2 24 | $33.8M | $-35.0M | ||
| Q1 24 | $-15.5M | — |
自由现金流率HNIRBRK
| Q4 25 | — | 23.1% | ||
| Q3 25 | 19.8% | 19.8% | ||
| Q2 25 | 2.4% | 13.2% | ||
| Q1 25 | -0.6% | 30.2% | ||
| Q4 24 | 6.5% | 7.6% | ||
| Q3 24 | 17.0% | -14.5% | ||
| Q2 24 | 5.4% | -18.7% | ||
| Q1 24 | -2.6% | — |
资本支出强度HNIRBRK
| Q4 25 | — | 1.4% | ||
| Q3 25 | 2.9% | 1.1% | ||
| Q2 25 | 2.2% | 1.0% | ||
| Q1 25 | 2.7% | 2.2% | ||
| Q4 24 | 1.5% | 2.1% | ||
| Q3 24 | 2.2% | 1.3% | ||
| Q2 24 | 2.8% | 1.9% | ||
| Q1 24 | 1.9% | — |
现金转化率HNIRBRK
| Q4 25 | — | — | ||
| Q3 25 | 3.77× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 2.71× | — | ||
| Q2 24 | 1.43× | — | ||
| Q1 24 | -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
HNI
| Systems Storage And Table | $309.9M | 45% |
| Residential Building Products | $166.9M | 24% |
| Seating Products | $161.1M | 24% |
| Other Products | $45.9M | 7% |
RBRK
| Subscription And Circulation | $336.4M | 96% |
| Other | $12.3M | 4% |
| Software And Services | $4.9M | 1% |
| Maintenance | $1.5M | 0% |
