vs
HNI CORP（HNI）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是HNI CORP的1.2倍（$828.2M vs $683.8M），Rithm Capital Corp.净利率更高（13.2% vs 6.0%，领先7.2%），Rithm Capital Corp.同比增速更快（508.5% vs 1.7%），过去两年HNI CORP的营收复合增速更高（0.3% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
HNI vs RITM — 直观对比
营收规模更大
RITM
是对方的1.2倍
$683.8M
营收增速更快
RITM
高出506.8%
1.7%
净利率更高
RITM
高出7.2%
6.0%
两年增速更快
HNI
近两年复合增速
-17.9%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $683.8M | $828.2M |
| 净利润 | $41.2M | $109.5M |
| 毛利率 | 42.1% | — |
| 营业利润率 | 9.4% | 29.9% |
| 净利率 | 6.0% | 13.2% |
| 营收同比 | 1.7% | 508.5% |
| 净利润同比 | -13.3% | 27.7% |
| 每股收益（稀释后） | $0.88 | $0.12 |
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HNIRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | $683.8M | $1.1B | ||
| Q2 25 | $667.1M | $1.2B | ||
| Q1 25 | $599.8M | $768.4M | ||
| Q4 24 | $642.5M | $2.1B | ||
| Q3 24 | $672.2M | $619.5M | ||
| Q2 24 | $623.7M | $1.2B |
净利润HNIRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | — | $85.0M | ||
| Q3 25 | $41.2M | $221.5M | ||
| Q2 25 | $48.2M | $311.7M | ||
| Q1 25 | $13.9M | $78.8M | ||
| Q4 24 | $38.3M | $290.2M | ||
| Q3 24 | $47.5M | $121.7M | ||
| Q2 24 | $36.0M | $235.6M |
毛利率HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 42.1% | — | ||
| Q2 25 | 42.9% | — | ||
| Q1 25 | 39.7% | — | ||
| Q4 24 | 40.5% | — | ||
| Q3 24 | 41.5% | — | ||
| Q2 24 | 41.9% | — |
营业利润率HNIRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | — | 13.8% | ||
| Q3 25 | 9.4% | 21.4% | ||
| Q2 25 | 10.2% | 25.2% | ||
| Q1 25 | 4.1% | 7.4% | ||
| Q4 24 | 8.5% | 23.8% | ||
| Q3 24 | 10.2% | 7.3% | ||
| Q2 24 | 8.6% | 23.6% |
净利率HNIRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | 6.0% | 20.0% | ||
| Q2 25 | 7.2% | 25.6% | ||
| Q1 25 | 2.3% | 10.3% | ||
| Q4 24 | 6.0% | 14.0% | ||
| Q3 24 | 7.1% | 19.7% | ||
| Q2 24 | 5.8% | 19.2% |
每股收益（稀释后）HNIRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | — | $0.09 | ||
| Q3 25 | $0.88 | $0.35 | ||
| Q2 25 | $1.02 | $0.53 | ||
| Q1 25 | $0.29 | $0.07 | ||
| Q4 24 | $0.78 | $0.50 | ||
| Q3 24 | $0.98 | $0.20 | ||
| Q2 24 | $0.75 | $0.43 |
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 | — |
| 总债务越低越好 | $324.2M | — |
| 股东权益账面价值 | $835.9M | $9.1B |
| 总资产 | $1.8B | $53.4B |
| 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HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $28.1M | $1.6B | ||
| Q2 25 | $38.2M | $1.6B | ||
| Q1 25 | $27.5M | $1.5B | ||
| Q4 24 | $28.9M | $1.5B | ||
| Q3 24 | $40.2M | $1.6B | ||
| Q2 24 | $33.5M | $1.2B |
总债务HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4B | ||
| Q3 25 | $324.2M | $32.2B | ||
| Q2 25 | $444.4M | $31.2B | ||
| Q1 25 | $404.7M | $32.2B | ||
| Q4 24 | $344.6M | $32.6B | ||
| Q3 24 | $345.4M | $29.6B | ||
| Q2 24 | $462.3M | $30.1B |
股东权益HNIRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | — | $8.4B | ||
| Q3 25 | $835.9M | $8.5B | ||
| Q2 25 | $811.0M | $7.9B | ||
| Q1 25 | $803.6M | $7.8B | ||
| Q4 24 | $840.1M | $7.8B | ||
| Q3 24 | $846.6M | $7.7B | ||
| Q2 24 | $787.8M | $7.3B |
总资产HNIRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | — | $53.1B | ||
| Q3 25 | $1.8B | $47.2B | ||
| Q2 25 | $1.9B | $44.3B | ||
| Q1 25 | $1.9B | $45.3B | ||
| Q4 24 | $1.9B | $46.0B | ||
| Q3 24 | $1.9B | $42.3B | ||
| Q2 24 | $1.9B | $42.0B |
负债/权益比HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | 0.39× | 3.79× | ||
| Q2 25 | 0.55× | 3.92× | ||
| Q1 25 | 0.50× | 4.14× | ||
| Q4 24 | 0.41× | 4.18× | ||
| Q3 24 | 0.41× | 3.87× | ||
| Q2 24 | 0.59× | 4.10× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $135.6M | — |
| 自由现金流率自由现金流/营收 | 19.8% | — |
| 资本支出强度资本支出/营收 | 2.9% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $-114.6M | ||
| Q3 25 | $155.2M | $-2.0B | ||
| Q2 25 | $31.1M | $-557.1M | ||
| Q1 25 | $12.6M | $1.4B | ||
| Q4 24 | $51.2M | $-1.8B | ||
| Q3 24 | $128.5M | $768.1M | ||
| Q2 24 | $51.3M | $-55.7M |
自由现金流HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $135.6M | — | ||
| Q2 25 | $16.1M | — | ||
| Q1 25 | $-3.7M | — | ||
| Q4 24 | $41.5M | — | ||
| Q3 24 | $114.0M | — | ||
| Q2 24 | $33.8M | — |
自由现金流率HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 19.8% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | -0.6% | — | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 17.0% | — | ||
| Q2 24 | 5.4% | — |
资本支出强度HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 2.8% | — |
现金转化率HNIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | 3.77× | -9.22× | ||
| Q2 25 | 0.65× | -1.79× | ||
| Q1 25 | 0.91× | 18.03× | ||
| Q4 24 | 1.34× | -6.04× | ||
| Q3 24 | 2.71× | 6.31× | ||
| Q2 24 | 1.43× | -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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
