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罗宾汉（HOOD）与西蒙地产集团（SPG）财务数据对比。点击上方公司名可切换其他公司
西蒙地产集团的季度营收约是罗宾汉的1.9倍（$1.8B vs $927.0M），西蒙地产集团净利率更高（197.6% vs 36.2%，领先161.4%），西蒙地产集团同比增速更快（13.2% vs -27.7%），过去两年罗宾汉的营收复合增速更高（16.6% vs 11.4%）
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
西蒙地产集团是美国头部房地产投资信托企业，核心投资范畴涵盖购物中心、奥特莱斯、社区及生活方式中心，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业的相关权益。
HOOD vs SPG — 直观对比
营收规模更大
SPG
是对方的1.9倍
$927.0M
营收增速更快
SPG
高出41.0%
-27.7%
净利率更高
SPG
高出161.4%
36.2%
两年增速更快
HOOD
近两年复合增速
11.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $927.0M | $1.8B |
| 净利润 | $336.0M | $3.5B |
| 毛利率 | — | — |
| 营业利润率 | — | 49.7% |
| 净利率 | 36.2% | 197.6% |
| 营收同比 | -27.7% | 13.2% |
| 净利润同比 | -2.9% | 358.7% |
| 每股收益（稀释后） | $336.00 | $9.34 |
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HOODSPG
| Q1 26 | $927.0M | — | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $989.0M | $1.5B | ||
| Q1 25 | $927.0M | $1.5B | ||
| Q4 24 | $1.0B | $1.6B | ||
| Q3 24 | $637.0M | $1.5B | ||
| Q2 24 | $682.0M | $1.5B |
净利润HOODSPG
| Q1 26 | $336.0M | — | ||
| Q4 25 | $605.0M | $3.5B | ||
| Q3 25 | $556.0M | $702.7M | ||
| Q2 25 | $386.0M | $643.7M | ||
| Q1 25 | $336.0M | $477.9M | ||
| Q4 24 | $916.0M | $771.8M | ||
| Q3 24 | $150.0M | $546.7M | ||
| Q2 24 | $188.0M | $569.4M |
营业利润率HOODSPG
| Q1 26 | — | — | ||
| Q4 25 | 51.5% | 49.7% | ||
| Q3 25 | 49.8% | 50.8% | ||
| Q2 25 | 44.7% | 49.7% | ||
| Q1 25 | 40.0% | 49.4% | ||
| Q4 24 | 55.0% | 52.8% | ||
| Q3 24 | 24.0% | 51.9% | ||
| Q2 24 | 28.0% | 51.7% |
净利率HOODSPG
| Q1 26 | 36.2% | — | ||
| Q4 25 | 47.2% | 197.6% | ||
| Q3 25 | 43.6% | 43.9% | ||
| Q2 25 | 39.0% | 43.0% | ||
| Q1 25 | 36.2% | 32.4% | ||
| Q4 24 | 90.3% | 48.8% | ||
| Q3 24 | 23.5% | 36.9% | ||
| Q2 24 | 27.6% | 39.0% |
每股收益（稀释后）HOODSPG
| Q1 26 | $336.00 | — | ||
| Q4 25 | $0.65 | $9.34 | ||
| Q3 25 | $0.61 | $1.86 | ||
| Q2 25 | $0.42 | $1.70 | ||
| Q1 25 | $0.37 | $1.27 | ||
| Q4 24 | $1.00 | $2.04 | ||
| Q3 24 | $0.17 | $1.46 | ||
| Q2 24 | $0.21 | $1.51 |
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 | $4.3B | $823.1M |
| 总债务越低越好 | — | $28.4B |
| 股东权益账面价值 | $9.2B | $5.2B |
| 总资产 | $38.1B | $40.6B |
| 负债/权益比越低杠杆越低 | — | 5.46× |
8季度趋势，按日历期对齐
现金及短期投资HOODSPG
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.3B | $823.1M | ||
| Q3 25 | $4.3B | $1.6B | ||
| Q2 25 | $4.2B | $1.2B | ||
| Q1 25 | $4.4B | $1.4B | ||
| Q4 24 | $4.3B | $1.4B | ||
| Q3 24 | $4.6B | $2.5B | ||
| Q2 24 | $4.5B | $2.5B |
总债务HOODSPG
| Q1 26 | — | — | ||
| Q4 25 | — | $28.4B | ||
| Q3 25 | — | $25.8B | ||
| Q2 25 | — | $25.4B | ||
| Q1 25 | — | $24.8B | ||
| Q4 24 | — | $24.3B | ||
| Q3 24 | — | $25.4B | ||
| Q2 24 | — | $25.3B |
股东权益HOODSPG
| Q1 26 | $9.2B | — | ||
| Q4 25 | $9.2B | $5.2B | ||
| Q3 25 | $8.6B | $2.3B | ||
| Q2 25 | $8.1B | $2.5B | ||
| Q1 25 | $8.0B | $2.6B | ||
| Q4 24 | $8.0B | $2.9B | ||
| Q3 24 | $7.2B | $2.7B | ||
| Q2 24 | $7.1B | $2.9B |
总资产HOODSPG
| Q1 26 | $38.1B | — | ||
| Q4 25 | $38.1B | $40.6B | ||
| Q3 25 | $41.5B | $33.6B | ||
| Q2 25 | $35.3B | $33.3B | ||
| Q1 25 | $27.5B | $32.5B | ||
| Q4 24 | $26.2B | $32.4B | ||
| Q3 24 | $43.2B | $33.3B | ||
| Q2 24 | $41.3B | $33.4B |
负债/权益比HOODSPG
| Q1 26 | — | — | ||
| Q4 25 | — | 5.46× | ||
| Q3 25 | — | 10.98× | ||
| Q2 25 | — | 10.36× | ||
| Q1 25 | — | 9.50× | ||
| Q4 24 | — | 8.25× | ||
| Q3 24 | — | 9.37× | ||
| Q2 24 | — | 8.59× |
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 | $642.0M | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $948.8M |
| 自由现金流率自由现金流/营收 | — | 53.0% |
| 资本支出强度资本支出/营收 | — | 14.2% |
| 现金转化率经营现金流/净利润 | 1.91× | 0.34× |
| 过去12个月自由现金流最近4个季度 | — | $3.2B |
8季度趋势，按日历期对齐
经营现金流HOODSPG
| Q1 26 | $642.0M | — | ||
| Q4 25 | $-937.0M | $1.2B | ||
| Q3 25 | $-1.6B | $890.3M | ||
| Q2 25 | $3.5B | $1.2B | ||
| Q1 25 | $642.0M | $827.2M | ||
| Q4 24 | $-1.4B | $1.1B | ||
| Q3 24 | $1.8B | $892.9M | ||
| Q2 24 | $54.0M | $1.1B |
自由现金流HOODSPG
| Q1 26 | — | — | ||
| Q4 25 | — | $948.8M | ||
| Q3 25 | — | $685.0M | ||
| Q2 25 | — | $971.3M | ||
| Q1 25 | — | $597.0M | ||
| Q4 24 | — | $867.7M | ||
| Q3 24 | — | $706.5M | ||
| Q2 24 | — | $874.8M |
自由现金流率HOODSPG
| Q1 26 | — | — | ||
| Q4 25 | — | 53.0% | ||
| Q3 25 | — | 42.8% | ||
| Q2 25 | — | 64.8% | ||
| Q1 25 | — | 40.5% | ||
| Q4 24 | — | 54.8% | ||
| Q3 24 | — | 47.7% | ||
| Q2 24 | — | 60.0% |
资本支出强度HOODSPG
| Q1 26 | — | — | ||
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 15.6% | ||
| Q4 24 | — | 13.8% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 12.9% |
现金转化率HOODSPG
| Q1 26 | 1.91× | — | ||
| Q4 25 | -1.55× | 0.34× | ||
| Q3 25 | -2.83× | 1.27× | ||
| Q2 25 | 9.09× | 1.89× | ||
| Q1 25 | 1.91× | 1.73× | ||
| Q4 24 | -1.53× | 1.41× | ||
| Q3 24 | 12.08× | 1.63× | ||
| Q2 24 | 0.29× | 1.87× |
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
HOOD
| Transaction-based revenues | $583.0M | 63% |
| Other | $290.0M | 31% |
| Other revenues | $54.0M | 6% |
SPG
| Real Estate Segment | $1.7B | 95% |
| Other | $86.3M | 5% |
