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好时（HSY）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
好时的季度营收约是Rocket Companies, Inc.的1.1倍（$3.1B vs $2.7B），好时净利率更高（10.4% vs 2.5%，领先7.8%），Rocket Companies, Inc.同比增速更快（52.2% vs 7.0%），好时自由现金流更多（$788.5M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs -2.5%）
好时公司是总部位于美国宾夕法尼亚州好时镇的跨国糖果企业，也是全球最大的巧克力生产商之一，由米尔顿·S·好时于1894年创立。公司除核心巧克力产品外，还生产饼干、蛋糕等烘焙食品，同时销售奶昔等多类饮品，产品覆盖多个食品品类。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
HSY vs RKT — 直观对比
营收规模更大
HSY
是对方的1.1倍
$2.7B
营收增速更快
RKT
高出45.1%
7.0%
净利率更高
HSY
高出7.8%
2.5%
自由现金流更多
HSY
多$2.1B
$-1.3B
两年增速更快
RKT
近两年复合增速
-2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.7B |
| 净利润 | $320.0M | $68.0M |
| 毛利率 | 37.0% | — |
| 营业利润率 | 14.4% | 6.3% |
| 净利率 | 10.4% | 2.5% |
| 营收同比 | 7.0% | 52.2% |
| 净利润同比 | -59.8% | 100.8% |
| 每股收益（稀释后） | — | $0.10 |
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HSYRKT
| Q4 25 | $3.1B | $2.7B | ||
| Q3 25 | $3.2B | $1.6B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.8B | $1.0B | ||
| Q4 24 | $2.9B | $1.8B | ||
| Q3 24 | $3.0B | $646.9M | ||
| Q2 24 | $2.1B | $1.3B | ||
| Q1 24 | $3.3B | $1.4B |
净利润HSYRKT
| Q4 25 | $320.0M | $68.0M | ||
| Q3 25 | $276.3M | $-123.9M | ||
| Q2 25 | $62.7M | $-1.8M | ||
| Q1 25 | $224.2M | $-10.4M | ||
| Q4 24 | $796.6M | $33.9M | ||
| Q3 24 | $446.3M | $-22.0M | ||
| Q2 24 | $180.9M | $1.3M | ||
| Q1 24 | $797.5M | $16.2M |
毛利率HSYRKT
| Q4 25 | 37.0% | — | ||
| Q3 25 | 32.6% | — | ||
| Q2 25 | 30.5% | — | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | 54.0% | 58.9% | ||
| Q3 24 | 41.3% | -8.4% | ||
| Q2 24 | 40.2% | 47.4% | ||
| Q1 24 | 51.5% | 51.2% |
营业利润率HSYRKT
| Q4 25 | 14.4% | 6.3% | ||
| Q3 25 | 13.7% | -11.5% | ||
| Q2 25 | 7.4% | 1.8% | ||
| Q1 25 | 13.2% | -21.5% | ||
| Q4 24 | 32.5% | 38.1% | ||
| Q3 24 | 20.5% | -76.9% | ||
| Q2 24 | 13.9% | 14.8% | ||
| Q1 24 | 32.5% | 21.6% |
净利率HSYRKT
| Q4 25 | 10.4% | 2.5% | ||
| Q3 25 | 8.7% | -7.7% | ||
| Q2 25 | 2.4% | -0.1% | ||
| Q1 25 | 8.0% | -1.0% | ||
| Q4 24 | 27.6% | 1.9% | ||
| Q3 24 | 14.9% | -3.4% | ||
| Q2 24 | 8.7% | 0.1% | ||
| Q1 24 | 24.5% | 1.2% |
每股收益（稀释后）HSYRKT
| Q4 25 | — | $0.10 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.01 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $-0.19 | ||
| Q2 24 | — | $0.01 | ||
| Q1 24 | — | $0.11 |
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 | — | $2.7B |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $4.6B | $22.9B |
| 总资产 | $13.7B | $60.7B |
| 负债/权益比越低杠杆越低 | 1.01× | — |
8季度趋势，按日历期对齐
现金及短期投资HSYRKT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $861.4M |
总债务HSYRKT
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.5B | — | ||
| Q1 24 | $3.8B | — |
股东权益HSYRKT
| Q4 25 | $4.6B | $22.9B | ||
| Q3 25 | $4.6B | $8.9B | ||
| Q2 25 | $4.5B | $7.4B | ||
| Q1 25 | $4.7B | $8.6B | ||
| Q4 24 | $4.7B | $9.0B | ||
| Q3 24 | $4.2B | $8.4B | ||
| Q2 24 | $4.0B | $8.8B | ||
| Q1 24 | $4.1B | $8.6B |
总资产HSYRKT
| Q4 25 | $13.7B | $60.7B | ||
| Q3 25 | $13.6B | $33.6B | ||
| Q2 25 | $13.6B | $30.4B | ||
| Q1 25 | $14.0B | $25.3B | ||
| Q4 24 | $12.9B | $24.5B | ||
| Q3 24 | $12.6B | $25.1B | ||
| Q2 24 | $12.4B | $23.6B | ||
| Q1 24 | $12.4B | $22.2B |
负债/权益比HSYRKT
| Q4 25 | 1.01× | — | ||
| Q3 25 | 1.02× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.11× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 0.87× | — | ||
| Q1 24 | 0.92× | — |
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 | $926.6M | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $788.5M | $-1.3B |
| 自由现金流率自由现金流/营收 | 25.5% | -47.2% |
| 资本支出强度资本支出/营收 | 4.5% | 1.5% |
| 现金转化率经营现金流/净利润 | 2.90× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $1.8B | $-4.0B |
8季度趋势，按日历期对齐
经营现金流HSYRKT
| Q4 25 | $926.6M | $-1.2B | ||
| Q3 25 | $841.9M | $-50.3M | ||
| Q2 25 | $112.2M | $-1.9B | ||
| Q1 25 | $396.7M | $-797.0M | ||
| Q4 24 | $941.6M | $1.8B | ||
| Q3 24 | $695.3M | $-1.3B | ||
| Q2 24 | $325.6M | $-122.3M | ||
| Q1 24 | $569.1M | $-3.0B |
自由现金流HSYRKT
| Q4 25 | $788.5M | $-1.3B | ||
| Q3 25 | $756.0M | $-71.8M | ||
| Q2 25 | $27.1M | $-1.9B | ||
| Q1 25 | $251.2M | $-811.0M | ||
| Q4 24 | $807.1M | $1.8B | ||
| Q3 24 | $567.3M | $-1.4B | ||
| Q2 24 | $195.5M | $-138.3M | ||
| Q1 24 | $355.8M | $-3.0B |
自由现金流率HSYRKT
| Q4 25 | 25.5% | -47.2% | ||
| Q3 25 | 23.8% | -4.5% | ||
| Q2 25 | 1.0% | -137.2% | ||
| Q1 25 | 9.0% | -78.2% | ||
| Q4 24 | 28.0% | 103.1% | ||
| Q3 24 | 19.0% | -209.6% | ||
| Q2 24 | 9.4% | -10.6% | ||
| Q1 24 | 10.9% | -218.7% |
资本支出强度HSYRKT
| Q4 25 | 4.5% | 1.5% | ||
| Q3 25 | 2.7% | 1.3% | ||
| Q2 25 | 3.3% | 1.1% | ||
| Q1 25 | 5.2% | 1.4% | ||
| Q4 24 | 4.7% | 1.1% | ||
| Q3 24 | 4.3% | 2.9% | ||
| Q2 24 | 6.3% | 1.2% | ||
| Q1 24 | 6.6% | 1.0% |
现金转化率HSYRKT
| Q4 25 | 2.90× | -18.08× | ||
| Q3 25 | 3.05× | — | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | 1.77× | — | ||
| Q4 24 | 1.18× | 54.42× | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.80× | -94.46× | ||
| Q1 24 | 0.71× | -185.80× |
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
HSY
| Other | $1.8B | 59% |
| North America Salty Snacks Segment | $1.3B | 41% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
