vs
Heritage Insurance Holdings, Inc.（HRTG）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
Heritage Insurance Holdings, Inc.的季度营收约是Ribbon Communications Inc.的1.3倍（$215.3M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 31.0%，领先23.8%），Heritage Insurance Holdings, Inc.同比增速更快（2.4% vs -10.3%），过去两年Heritage Insurance Holdings, Inc.的营收复合增速更高（6.1% vs -8.1%）
该公司是一家位于美国佛罗里达州的财产意外保险公司，在美国多个沿海州开展业务，主要为客户提供商业保险、住宅保险、房主保险以及洪水保险等各类财产意外保障产品。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
HRTG vs RBBN — 直观对比
营收规模更大
HRTG
是对方的1.3倍
$162.6M
营收增速更快
HRTG
高出12.7%
-10.3%
净利率更高
RBBN
高出23.8%
31.0%
两年增速更快
HRTG
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $215.3M | $162.6M |
| 净利润 | $66.7M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | 41.6% | 37.6% |
| 净利率 | 31.0% | 54.8% |
| 营收同比 | 2.4% | -10.3% |
| 净利润同比 | 228.6% | — |
| 每股收益（稀释后） | $2.15 | $0.50 |
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HRTGRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $215.3M | $227.3M | ||
| Q3 25 | $212.5M | $215.4M | ||
| Q2 25 | $208.0M | $220.6M | ||
| Q1 25 | $211.5M | $181.3M | ||
| Q4 24 | $210.3M | $251.4M | ||
| Q3 24 | $211.8M | $210.2M | ||
| Q2 24 | $203.6M | $192.6M |
净利润HRTGRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $66.7M | — | ||
| Q3 25 | $50.4M | $-12.1M | ||
| Q2 25 | $48.0M | $-11.1M | ||
| Q1 25 | $30.5M | $-26.2M | ||
| Q4 24 | $20.3M | — | ||
| Q3 24 | $8.2M | $-13.4M | ||
| Q2 24 | $18.9M | $-16.8M |
毛利率HRTGRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率HRTGRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 41.6% | 4.1% | ||
| Q3 25 | 33.0% | 1.3% | ||
| Q2 25 | 31.2% | 1.9% | ||
| Q1 25 | 20.1% | -10.8% | ||
| Q4 24 | 15.0% | 13.2% | ||
| Q3 24 | 5.5% | -0.4% | ||
| Q2 24 | 13.6% | -1.0% |
净利率HRTGRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 31.0% | — | ||
| Q3 25 | 23.7% | -5.6% | ||
| Q2 25 | 23.1% | -5.0% | ||
| Q1 25 | 14.4% | -14.5% | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 3.8% | -6.4% | ||
| Q2 24 | 9.3% | -8.7% |
每股收益（稀释后）HRTGRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $2.15 | $0.50 | ||
| Q3 25 | $1.63 | $-0.07 | ||
| Q2 25 | $1.55 | $-0.06 | ||
| Q1 25 | $0.99 | $-0.15 | ||
| Q4 24 | $0.66 | $0.05 | ||
| Q3 24 | $0.27 | $-0.08 | ||
| Q2 24 | $0.61 | $-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 | $559.3M | $67.6M |
| 总债务越低越好 | $78.4M | — |
| 股东权益账面价值 | $505.3M | $419.1M |
| 总资产 | $2.2B | — |
| 负债/权益比越低杠杆越低 | 0.16× | — |
8季度趋势，按日历期对齐
现金及短期投资HRTGRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $559.3M | $96.4M | ||
| Q3 25 | $560.4M | $74.8M | ||
| Q2 25 | $473.5M | $60.5M | ||
| Q1 25 | $425.9M | $71.2M | ||
| Q4 24 | $452.7M | $87.8M | ||
| Q3 24 | $509.9M | $37.2M | ||
| Q2 24 | $480.9M | $64.6M |
总债务HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | $78.4M | $342.1M | ||
| Q3 25 | $79.3M | $344.3M | ||
| Q2 25 | $92.4M | $346.5M | ||
| Q1 25 | $94.8M | $347.4M | ||
| Q4 24 | $116.3M | $348.3M | ||
| Q3 24 | $118.6M | $349.1M | ||
| Q2 24 | $120.8M | $350.0M |
股东权益HRTGRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $505.3M | $449.0M | ||
| Q3 25 | $437.3M | $360.1M | ||
| Q2 25 | $383.3M | $370.4M | ||
| Q1 25 | $329.0M | $381.8M | ||
| Q4 24 | $290.8M | $404.6M | ||
| Q3 24 | $279.3M | $395.5M | ||
| Q2 24 | $255.3M | $405.0M |
总资产HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.4B | $1.1B | ||
| Q2 25 | $2.5B | $1.1B | ||
| Q1 25 | $2.2B | $1.1B | ||
| Q4 24 | $2.5B | $1.2B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $2.6B | $1.1B |
负债/权益比HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.16× | 0.76× | ||
| Q3 25 | 0.18× | 0.96× | ||
| Q2 25 | 0.24× | 0.94× | ||
| Q1 25 | 0.29× | 0.91× | ||
| Q4 24 | 0.40× | 0.86× | ||
| Q3 24 | 0.42× | 0.88× | ||
| Q2 24 | 0.47× | 0.86× |
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 | $182.2M | — |
| 自由现金流经营现金流 - 资本支出 | $174.2M | — |
| 自由现金流率自由现金流/营收 | 80.9% | — |
| 资本支出强度资本支出/营收 | 3.7% | — |
| 现金转化率经营现金流/净利润 | 2.73× | — |
| 过去12个月自由现金流最近4个季度 | $337.4M | — |
8季度趋势，按日历期对齐
经营现金流HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | $182.2M | $29.2M | ||
| Q3 25 | $124.3M | $26.5M | ||
| Q2 25 | $43.3M | $-795.0K | ||
| Q1 25 | $837.0K | $-3.5M | ||
| Q4 24 | $87.1M | $61.8M | ||
| Q3 24 | $-13.4M | $-14.8M | ||
| Q2 24 | $152.2M | $-9.8M |
自由现金流HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | $174.2M | $27.3M | ||
| Q3 25 | $122.7M | $21.0M | ||
| Q2 25 | $41.8M | $-6.5M | ||
| Q1 25 | $-1.3M | $-15.7M | ||
| Q4 24 | $78.9M | $53.8M | ||
| Q3 24 | $-16.3M | $-23.7M | ||
| Q2 24 | $149.8M | $-12.9M |
自由现金流率HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | 80.9% | 12.0% | ||
| Q3 25 | 57.8% | 9.7% | ||
| Q2 25 | 20.1% | -2.9% | ||
| Q1 25 | -0.6% | -8.7% | ||
| Q4 24 | 37.5% | 21.4% | ||
| Q3 24 | -7.7% | -11.3% | ||
| Q2 24 | 73.6% | -6.7% |
资本支出强度HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 0.9% | ||
| Q3 25 | 0.7% | 2.6% | ||
| Q2 25 | 0.7% | 2.6% | ||
| Q1 25 | 1.0% | 6.7% | ||
| Q4 24 | 3.9% | 3.2% | ||
| Q3 24 | 1.4% | 4.2% | ||
| Q2 24 | 1.2% | 1.6% |
现金转化率HRTGRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.73× | — | ||
| Q3 25 | 2.47× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 4.29× | — | ||
| Q3 24 | -1.64× | — | ||
| Q2 24 | 8.07× | — |
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
HRTG
暂无分部数据
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
