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HERC HOLDINGS INC（HRI）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
TELOS CORP的季度营收约是HERC HOLDINGS INC的1.6倍（$46.8M vs $30.1M），TELOS CORP净利率更高（-34.9% vs -331.7%，领先296.8%），HERC HOLDINGS INC同比增速更快（629.3% vs 77.4%），TELOS CORP自由现金流更多（$8.0M vs $-14.3M）
Herc Holdings Inc.是北美领先的设备租赁服务供应商，主营工程重型机械、电动工具、临时供电及温控系统租赁业务，服务覆盖建筑、工业、商业活动、基建及政府等领域，业务遍布美国与加拿大。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
HRI vs TLS — 直观对比
营收规模更大
TLS
是对方的1.6倍
$30.1M
营收增速更快
HRI
高出551.9%
77.4%
净利率更高
TLS
高出296.8%
-331.7%
自由现金流更多
TLS
多$22.3M
$-14.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $30.1M | $46.8M |
| 净利润 | $-99.9M | $-16.3M |
| 毛利率 | 42.3% | 35.0% |
| 营业利润率 | -77.4% | -39.6% |
| 净利率 | -331.7% | -34.9% |
| 营收同比 | 629.3% | 77.4% |
| 净利润同比 | -866.2% | -74.8% |
| 每股收益（稀释后） | $-0.36 | $-0.22 |
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HRITLS
| Q4 25 | $30.1M | $46.8M | ||
| Q3 25 | $10.1M | $51.4M | ||
| Q2 25 | $6.3M | $36.0M | ||
| Q1 25 | $4.2M | $30.6M | ||
| Q4 24 | $4.1M | $26.4M | ||
| Q3 24 | — | $23.8M | ||
| Q2 24 | — | $28.5M | ||
| Q1 24 | — | $29.6M |
净利润HRITLS
| Q4 25 | $-99.9M | $-16.3M | ||
| Q3 25 | $-7.5M | $-2.1M | ||
| Q2 25 | $-10.8M | $-9.5M | ||
| Q1 25 | $-14.1M | $-8.6M | ||
| Q4 24 | $-10.3M | $-9.3M | ||
| Q3 24 | — | $-28.1M | ||
| Q2 24 | — | $-7.8M | ||
| Q1 24 | — | $-7.4M |
毛利率HRITLS
| Q4 25 | 42.3% | 35.0% | ||
| Q3 25 | 25.8% | 39.9% | ||
| Q2 25 | 53.1% | 33.2% | ||
| Q1 25 | 35.0% | 39.8% | ||
| Q4 24 | 21.4% | 40.3% | ||
| Q3 24 | — | 13.2% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 37.0% |
营业利润率HRITLS
| Q4 25 | -77.4% | -39.6% | ||
| Q3 25 | -153.5% | -4.8% | ||
| Q2 25 | -147.4% | -27.5% | ||
| Q1 25 | -242.7% | -29.5% | ||
| Q4 24 | -206.3% | -37.6% | ||
| Q3 24 | — | -121.4% | ||
| Q2 24 | — | -30.3% | ||
| Q1 24 | — | -28.5% |
净利率HRITLS
| Q4 25 | -331.7% | -34.9% | ||
| Q3 25 | -74.1% | -4.1% | ||
| Q2 25 | -171.4% | -26.5% | ||
| Q1 25 | -332.8% | -28.1% | ||
| Q4 24 | -250.3% | -35.4% | ||
| Q3 24 | — | -118.0% | ||
| Q2 24 | — | -27.2% | ||
| Q1 24 | — | -24.9% |
每股收益（稀释后）HRITLS
| Q4 25 | $-0.36 | $-0.22 | ||
| Q3 25 | $-0.03 | $-0.03 | ||
| Q2 25 | $-0.08 | $-0.13 | ||
| Q1 25 | $-0.15 | $-0.12 | ||
| Q4 24 | $-0.15 | $-0.13 | ||
| Q3 24 | — | $-0.39 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | — | $-0.10 |
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 | $550.7M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $437.8M | $96.0M |
| 总资产 | $1.1B | $139.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资HRITLS
| Q4 25 | $550.7M | $53.2M | ||
| Q3 25 | $432.8M | $59.0M | ||
| Q2 25 | $67.6M | $57.0M | ||
| Q1 25 | — | $57.8M | ||
| Q4 24 | $30.0M | $54.6M | ||
| Q3 24 | — | $69.8M | ||
| Q2 24 | — | $80.1M | ||
| Q1 24 | — | $93.9M |
总债务HRITLS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $300.0K | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HRITLS
| Q4 25 | $437.8M | $96.0M | ||
| Q3 25 | $486.1M | $119.7M | ||
| Q2 25 | $90.8M | $118.4M | ||
| Q1 25 | $26.1M | $126.1M | ||
| Q4 24 | $16.6M | $127.1M | ||
| Q3 24 | — | $129.5M | ||
| Q2 24 | — | $149.1M | ||
| Q1 24 | — | $154.4M |
总资产HRITLS
| Q4 25 | $1.1B | $139.9M | ||
| Q3 25 | $550.2M | $164.3M | ||
| Q2 25 | $152.0M | $165.0M | ||
| Q1 25 | $104.6M | $158.1M | ||
| Q4 24 | $109.6M | $158.2M | ||
| Q3 24 | — | $166.3M | ||
| Q2 24 | — | $182.4M | ||
| Q1 24 | — | $195.4M |
负债/权益比HRITLS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-12.7M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $-14.3M | $8.0M |
| 自由现金流率自由现金流/营收 | -47.6% | 17.0% |
| 资本支出强度资本支出/营收 | 5.3% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-40.8M | $29.4M |
8季度趋势，按日历期对齐
经营现金流HRITLS
| Q4 25 | $-12.7M | $8.0M | ||
| Q3 25 | $-11.0M | $9.1M | ||
| Q2 25 | $-8.4M | $7.0M | ||
| Q1 25 | $-6.7M | $6.1M | ||
| Q4 24 | $-8.1M | $-10.5M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.0M | ||
| Q1 24 | — | $-350.0K |
自由现金流HRITLS
| Q4 25 | $-14.3M | $8.0M | ||
| Q3 25 | $-11.1M | $8.7M | ||
| Q2 25 | $-8.5M | $6.8M | ||
| Q1 25 | $-6.8M | $6.0M | ||
| Q4 24 | $-8.1M | $-12.4M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | — | $-447.0K |
自由现金流率HRITLS
| Q4 25 | -47.6% | 17.0% | ||
| Q3 25 | -110.2% | 16.9% | ||
| Q2 25 | -135.5% | 19.0% | ||
| Q1 25 | -160.8% | 19.5% | ||
| Q4 24 | -197.1% | -47.0% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | — | -1.5% |
资本支出强度HRITLS
| Q4 25 | 5.3% | 0.1% | ||
| Q3 25 | 1.7% | 0.9% | ||
| Q2 25 | 1.5% | 0.4% | ||
| Q1 25 | 4.0% | 0.4% | ||
| Q4 24 | 0.7% | 7.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.3% |
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
HRI
| Sales Of New Equipment | $9.0M | 30% |
| Sales Of Parts And Supplies | $8.0M | 27% |
| Other | $7.1M | 24% |
| Serviceand Other Revenue | $6.0M | 20% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
