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HERITAGE COMMERCE CORP（HTBK）与Target Hospitality Corp.（TH）财务数据对比。点击上方公司名可切换其他公司
Target Hospitality Corp.的季度营收约是HERITAGE COMMERCE CORP的1.4倍（$73.5M vs $53.6M），HERITAGE COMMERCE CORP净利率更高（28.2% vs -20.3%，领先48.5%），Target Hospitality Corp.同比增速更快（22.0% vs 15.6%），过去两年HERITAGE COMMERCE CORP的营收复合增速更高（12.8% vs 0.7%）
本文介绍的企业主体信息与内容描述不符，描述内容实际为美国商会，该商会成立于1912年4月23日，是美国规模最大的游说类商业协会 advocacy 团体，成立之初得益于时任总统威廉·霍华德·塔夫脱与劳工商务部长查尔斯·内格尔推动，旨在代表工商界发声。
Target Hospitality是一家专业住宿服务提供商，主营石油、天然气及矿业项目用工住宿，也提供大型活动、灾后救援所需的临时模块化住宿，总部位于得克萨斯州伍德兰兹，同时在北达科他州威利斯顿、科罗拉多州丹佛以及阿尔伯塔省卡尔加里设有办事处。
HTBK vs TH — 直观对比
营收规模更大
TH
是对方的1.4倍
$53.6M
营收增速更快
TH
高出6.3%
15.6%
净利率更高
HTBK
高出48.5%
-20.3%
两年增速更快
HTBK
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $53.6M | $73.5M |
| 净利润 | $15.1M | $-14.9M |
| 毛利率 | — | 9.6% |
| 营业利润率 | 41.0% | -22.9% |
| 净利率 | 28.2% | -20.3% |
| 营收同比 | 15.6% | 22.0% |
| 净利润同比 | 42.3% | -219.1% |
| 每股收益（稀释后） | $0.25 | $-0.14 |
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HTBKTH
| Q4 25 | $53.6M | $73.5M | ||
| Q3 25 | $50.0M | $91.6M | ||
| Q2 25 | $47.8M | $54.9M | ||
| Q1 25 | $46.1M | $54.9M | ||
| Q4 24 | $46.4M | $60.2M | ||
| Q3 24 | $42.2M | $65.8M | ||
| Q2 24 | $41.7M | $67.5M | ||
| Q1 24 | $42.1M | $72.4M |
净利润HTBKTH
| Q4 25 | $15.1M | $-14.9M | ||
| Q3 25 | $14.7M | $-795.0K | ||
| Q2 25 | $6.4M | $-14.9M | ||
| Q1 25 | $11.6M | $-6.5M | ||
| Q4 24 | $10.6M | $12.5M | ||
| Q3 24 | $10.5M | $20.0M | ||
| Q2 24 | $9.2M | $18.4M | ||
| Q1 24 | $10.2M | $20.4M |
毛利率HTBKTH
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 61.5% | ||
| Q3 24 | — | 68.7% | ||
| Q2 24 | — | 69.4% | ||
| Q1 24 | — | 67.8% |
营业利润率HTBKTH
| Q4 25 | 41.0% | -22.9% | ||
| Q3 25 | 41.1% | 0.1% | ||
| Q2 25 | 18.7% | -30.8% | ||
| Q1 25 | 35.4% | -2.0% | ||
| Q4 24 | 31.8% | 34.5% | ||
| Q3 24 | 34.3% | 42.5% | ||
| Q2 24 | 31.3% | 43.8% | ||
| Q1 24 | 34.2% | 42.0% |
净利率HTBKTH
| Q4 25 | 28.2% | -20.3% | ||
| Q3 25 | 29.4% | -0.9% | ||
| Q2 25 | 13.4% | -27.2% | ||
| Q1 25 | 25.2% | -11.8% | ||
| Q4 24 | 22.9% | 20.8% | ||
| Q3 24 | 24.9% | 30.4% | ||
| Q2 24 | 22.1% | 27.2% | ||
| Q1 24 | 24.1% | 28.2% |
每股收益（稀释后）HTBKTH
| Q4 25 | $0.25 | $-0.14 | ||
| Q3 25 | $0.24 | $-0.01 | ||
| Q2 25 | $0.10 | $-0.15 | ||
| Q1 25 | $0.19 | $-0.07 | ||
| Q4 24 | $0.17 | $0.12 | ||
| Q3 24 | $0.17 | $0.20 | ||
| Q2 24 | $0.15 | $0.18 | ||
| Q1 24 | $0.17 | $0.20 |
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 | — | $8.3M |
| 总债务越低越好 | — | $1.7M |
| 股东权益账面价值 | $708.6M | $389.3M |
| 总资产 | $5.8B | $530.2M |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资HTBKTH
| Q4 25 | — | $8.3M | ||
| Q3 25 | — | $30.4M | ||
| Q2 25 | — | $19.2M | ||
| Q1 25 | — | $34.5M | ||
| Q4 24 | — | $190.7M | ||
| Q3 24 | — | $177.7M | ||
| Q2 24 | — | $154.3M | ||
| Q1 24 | — | $124.3M |
总债务HTBKTH
| Q4 25 | — | $1.7M | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $26.3M | ||
| Q1 25 | — | $42.9M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $994.0K | ||
| Q2 24 | — | $1.1M | ||
| Q1 24 | — | $179.9M |
股东权益HTBKTH
| Q4 25 | $708.6M | $389.3M | ||
| Q3 25 | $700.0M | $402.4M | ||
| Q2 25 | $694.7M | $401.3M | ||
| Q1 25 | $696.2M | $415.3M | ||
| Q4 24 | $689.7M | $421.1M | ||
| Q3 24 | $685.4M | $417.6M | ||
| Q2 24 | $679.2M | $397.2M | ||
| Q1 24 | $676.3M | $375.5M |
总资产HTBKTH
| Q4 25 | $5.8B | $530.2M | ||
| Q3 25 | $5.6B | $541.2M | ||
| Q2 25 | $5.5B | $533.7M | ||
| Q1 25 | $5.5B | $562.5M | ||
| Q4 24 | $5.6B | $725.8M | ||
| Q3 24 | $5.6B | $709.8M | ||
| Q2 24 | $5.3B | $697.0M | ||
| Q1 24 | $5.3B | $687.2M |
负债/权益比HTBKTH
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.48× |
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 | $61.7M | $5.7M |
| 自由现金流经营现金流 - 资本支出 | $61.3M | — |
| 自由现金流率自由现金流/营收 | 114.3% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | 4.08× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HTBKTH
| Q4 25 | $61.7M | $5.7M | ||
| Q3 25 | $18.9M | $53.4M | ||
| Q2 25 | $8.0M | $11.1M | ||
| Q1 25 | $14.8M | $3.9M | ||
| Q4 24 | $39.0M | $30.6M | ||
| Q3 24 | $5.3M | $31.4M | ||
| Q2 24 | $10.5M | $39.1M | ||
| Q1 24 | $7.3M | $50.6M |
自由现金流HTBKTH
| Q4 25 | $61.3M | — | ||
| Q3 25 | $18.8M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-11.6M | ||
| Q4 24 | $37.3M | — | ||
| Q3 24 | $4.9M | — | ||
| Q2 24 | $9.9M | — | ||
| Q1 24 | $6.9M | — |
自由现金流率HTBKTH
| Q4 25 | 114.3% | — | ||
| Q3 25 | 37.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -21.1% | ||
| Q4 24 | 80.5% | — | ||
| Q3 24 | 11.6% | — | ||
| Q2 24 | 23.6% | — | ||
| Q1 24 | 16.4% | — |
资本支出强度HTBKTH
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 28.2% | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 1.6% | — | ||
| Q1 24 | 1.0% | — |
现金转化率HTBKTH
| Q4 25 | 4.08× | — | ||
| Q3 25 | 1.28× | — | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 1.28× | — | ||
| Q4 24 | 3.67× | 2.44× | ||
| Q3 24 | 0.50× | 1.57× | ||
| Q2 24 | 1.14× | 2.13× | ||
| Q1 24 | 0.72× | 2.48× |
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
HTBK
暂无分部数据
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
