vs
HOVNANIAN ENTERPRISES INC（HOV）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
HOVNANIAN ENTERPRISES INC的季度营收约是UiPath, Inc.的2.0倍（$817.9M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -0.1%，领先48.4%），UiPath, Inc.同比增速更快（15.9% vs -16.5%），HOVNANIAN ENTERPRISES INC自由现金流更多（$164.0M vs $25.1M），过去两年HOVNANIAN ENTERPRISES INC的营收复合增速更高（17.3% vs 0.7%）
霍夫纳尼安企业是美国知名房地产企业，业务覆盖住宅开发全流程，包含设计、建造与销售，产品线丰富，不仅开发独立独栋住宅，也开发联排别墅、公寓以及养老住宅等高密度居住物业。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
HOV vs PATH — 直观对比
营收规模更大
HOV
是对方的2.0倍
$411.1M
营收增速更快
PATH
高出32.4%
-16.5%
净利率更高
PATH
高出48.4%
-0.1%
自由现金流更多
HOV
多$138.9M
$25.1M
两年增速更快
HOV
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $817.9M | $411.1M |
| 净利润 | $-667.0K | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | -0.5% | 3.2% |
| 净利率 | -0.1% | 48.4% |
| 营收同比 | -16.5% | 15.9% |
| 净利润同比 | -100.7% | 1966.2% |
| 每股收益（稀释后） | $-0.57 | $0.37 |
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HOVPATH
| Q4 25 | $817.9M | $411.1M | ||
| Q3 25 | $800.6M | $361.7M | ||
| Q2 25 | $686.5M | $356.6M | ||
| Q1 25 | $673.6M | $423.6M | ||
| Q4 24 | $979.6M | $354.7M | ||
| Q3 24 | $722.7M | $316.3M | ||
| Q2 24 | $708.4M | $335.1M | ||
| Q1 24 | $594.2M | $405.3M |
净利润HOVPATH
| Q4 25 | $-667.0K | $198.8M | ||
| Q3 25 | $16.6M | $1.6M | ||
| Q2 25 | $19.7M | $-22.6M | ||
| Q1 25 | $28.2M | $51.8M | ||
| Q4 24 | $94.3M | $-10.7M | ||
| Q3 24 | $72.9M | $-86.1M | ||
| Q2 24 | $50.8M | $-28.7M | ||
| Q1 24 | $23.9M | $33.9M |
毛利率HOVPATH
| Q4 25 | — | 83.3% | ||
| Q3 25 | — | 82.2% | ||
| Q2 25 | — | 82.1% | ||
| Q1 25 | — | 84.8% | ||
| Q4 24 | — | 82.0% | ||
| Q3 24 | — | 80.0% | ||
| Q2 24 | — | 83.5% | ||
| Q1 24 | — | 86.8% |
营业利润率HOVPATH
| Q4 25 | -0.5% | 3.2% | ||
| Q3 25 | 3.0% | -5.6% | ||
| Q2 25 | 3.9% | -4.6% | ||
| Q1 25 | 5.9% | 7.9% | ||
| Q4 24 | 12.0% | -12.2% | ||
| Q3 24 | 13.5% | -32.7% | ||
| Q2 24 | 9.8% | -14.8% | ||
| Q1 24 | 5.5% | 3.7% |
净利率HOVPATH
| Q4 25 | -0.1% | 48.4% | ||
| Q3 25 | 2.1% | 0.4% | ||
| Q2 25 | 2.9% | -6.3% | ||
| Q1 25 | 4.2% | 12.2% | ||
| Q4 24 | 9.6% | -3.0% | ||
| Q3 24 | 10.1% | -27.2% | ||
| Q2 24 | 7.2% | -8.6% | ||
| Q1 24 | 4.0% | 8.4% |
每股收益（稀释后）HOVPATH
| Q4 25 | $-0.57 | $0.37 | ||
| Q3 25 | $1.99 | $0.00 | ||
| Q2 25 | $2.43 | $-0.04 | ||
| Q1 25 | $3.58 | $0.09 | ||
| Q4 24 | $12.47 | $-0.02 | ||
| Q3 24 | $9.75 | $-0.15 | ||
| Q2 24 | $6.66 | $-0.05 | ||
| Q1 24 | $2.91 | $0.07 |
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 | — | $1.4B |
| 总债务越低越好 | $900.7M | — |
| 股东权益账面价值 | $830.9M | $1.9B |
| 总资产 | $2.6B | $2.9B |
| 负债/权益比越低杠杆越低 | 1.08× | — |
8季度趋势，按日历期对齐
现金及短期投资HOVPATH
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.9B |
总债务HOVPATH
| Q4 25 | $900.7M | — | ||
| Q3 25 | $861.9M | — | ||
| Q2 25 | $864.3M | — | ||
| Q1 25 | $893.7M | — | ||
| Q4 24 | $896.2M | — | ||
| Q3 24 | $898.7M | — | ||
| Q2 24 | $933.0M | — | ||
| Q1 24 | $934.6M | — |
股东权益HOVPATH
| Q4 25 | $830.9M | $1.9B | ||
| Q3 25 | $835.4M | $1.7B | ||
| Q2 25 | $820.4M | $1.7B | ||
| Q1 25 | $811.4M | $1.8B | ||
| Q4 24 | $800.3M | $1.7B | ||
| Q3 24 | $703.4M | $1.8B | ||
| Q2 24 | $647.0M | $2.0B | ||
| Q1 24 | $607.1M | $2.0B |
总资产HOVPATH
| Q4 25 | $2.6B | $2.9B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.6B | $2.6B | ||
| Q1 25 | $2.5B | $2.9B | ||
| Q4 24 | $2.6B | $2.7B | ||
| Q3 24 | $2.5B | $2.7B | ||
| Q2 24 | $2.3B | $2.8B | ||
| Q1 24 | $2.3B | $3.0B |
负债/权益比HOVPATH
| Q4 25 | 1.08× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.05× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.12× | — | ||
| Q3 24 | 1.28× | — | ||
| Q2 24 | 1.44× | — | ||
| Q1 24 | 1.54× | — |
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 | $169.1M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $164.0M | $25.1M |
| 自由现金流率自由现金流/营收 | 20.0% | 6.1% |
| 资本支出强度资本支出/营收 | 0.6% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.14× |
| 过去12个月自由现金流最近4个季度 | $166.2M | — |
8季度趋势，按日历期对齐
经营现金流HOVPATH
| Q4 25 | $169.1M | $28.3M | ||
| Q3 25 | $52.8M | $41.6M | ||
| Q2 25 | $22.3M | $119.0M | ||
| Q1 25 | $-55.9M | $146.1M | ||
| Q4 24 | $115.8M | $28.1M | ||
| Q3 24 | $-92.3M | $46.4M | ||
| Q2 24 | $89.1M | $100.0M | ||
| Q1 24 | $-89.0M | $145.6M |
自由现金流HOVPATH
| Q4 25 | $164.0M | $25.1M | ||
| Q3 25 | $45.8M | — | ||
| Q2 25 | $16.0M | $106.2M | ||
| Q1 25 | $-59.6M | $138.7M | ||
| Q4 24 | $111.4M | $23.2M | ||
| Q3 24 | $-95.8M | $45.0M | ||
| Q2 24 | $84.7M | $98.8M | ||
| Q1 24 | $-94.4M | $141.8M |
自由现金流率HOVPATH
| Q4 25 | 20.0% | 6.1% | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 2.3% | 29.8% | ||
| Q1 25 | -8.8% | 32.7% | ||
| Q4 24 | 11.4% | 6.5% | ||
| Q3 24 | -13.3% | 14.2% | ||
| Q2 24 | 12.0% | 29.5% | ||
| Q1 24 | -15.9% | 35.0% |
资本支出强度HOVPATH
| Q4 25 | 0.6% | 0.8% | ||
| Q3 25 | 0.9% | 0.0% | ||
| Q2 25 | 0.9% | 3.6% | ||
| Q1 25 | 0.5% | 1.7% | ||
| Q4 24 | 0.5% | 1.4% | ||
| Q3 24 | 0.5% | 0.4% | ||
| Q2 24 | 0.6% | 0.4% | ||
| Q1 24 | 0.9% | 0.9% |
现金转化率HOVPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | 3.18× | 26.25× | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | -1.98× | 2.82× | ||
| Q4 24 | 1.23× | — | ||
| Q3 24 | -1.27× | — | ||
| Q2 24 | 1.75× | — | ||
| Q1 24 | -3.72× | 4.29× |
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
HOV
| Home Building | $789.8M | 97% |
| Financial Services | $28.1M | 3% |
| Management Fees | $7.1M | 1% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
