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H2O AMERICA（HTO）与HAVERTY FURNITURE COMPANIES INC（HVT）财务数据对比。点击上方公司名可切换其他公司
HAVERTY FURNITURE COMPANIES INC的季度营收约是H2O AMERICA的1.0倍（$201.9M vs $199.4M），H2O AMERICA净利率更高（8.1% vs 4.2%，领先3.9%），HAVERTY FURNITURE COMPANIES INC同比增速更快（9.5% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs 4.8%）
H2O Wireless是美国的预付费移动通信服务商，依托AT&T网络运营，隶属于MVNO（移动虚拟网络运营商）Locus通信，自2019年起Locus成为Telrite控股的子公司，此前2010年起曾是KDDI美国旗下资产。该品牌主打无限制套餐服务，支持用户自带或购买无锁智能手机入网，AT&T合约机/锁网机也可兼容使用。
该企业原名为国际鞋业公司，1911年由两家鞋企合并成立于美国密苏里州克莱顿，后开展多元化业务并逐步退出制鞋领域，最终更名为家具品牌国际，是美国家居行业知名企业，曾拥有布罗伊希尔等多个知名家具品牌。
HTO vs HVT — 直观对比
营收规模更大
HVT
是对方的1.0倍
$199.4M
营收增速更快
HVT
高出8.1%
1.5%
净利率更高
HTO
高出3.9%
4.2%
两年增速更快
HTO
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $201.9M |
| 净利润 | $16.2M | $8.5M |
| 毛利率 | — | 60.4% |
| 营业利润率 | 16.6% | 5.3% |
| 净利率 | 8.1% | 4.2% |
| 营收同比 | 1.5% | 9.5% |
| 净利润同比 | -29.2% | 4.1% |
| 每股收益（稀释后） | $0.45 | — |
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HTOHVT
| Q4 25 | $199.4M | $201.9M | ||
| Q3 25 | $243.5M | $194.5M | ||
| Q2 25 | $197.8M | $181.0M | ||
| Q1 25 | $164.9M | $181.6M | ||
| Q4 24 | $196.5M | $184.4M | ||
| Q3 24 | $216.7M | $175.9M | ||
| Q2 24 | $173.1M | $178.6M | ||
| Q1 24 | $150.0M | $184.0M |
净利润HTOHVT
| Q4 25 | $16.2M | $8.5M | ||
| Q3 25 | $45.1M | $4.7M | ||
| Q2 25 | $24.7M | $2.7M | ||
| Q1 25 | $16.6M | $3.8M | ||
| Q4 24 | $22.9M | $8.2M | ||
| Q3 24 | $38.7M | $4.9M | ||
| Q2 24 | $20.7M | $4.4M | ||
| Q1 24 | $11.7M | $2.4M |
毛利率HTOHVT
| Q4 25 | — | 60.4% | ||
| Q3 25 | — | 60.3% | ||
| Q2 25 | — | 60.8% | ||
| Q1 25 | — | 61.2% | ||
| Q4 24 | — | 61.9% | ||
| Q3 24 | — | 60.2% | ||
| Q2 24 | — | 60.4% | ||
| Q1 24 | — | 60.3% |
营业利润率HTOHVT
| Q4 25 | 16.6% | 5.3% | ||
| Q3 25 | 26.5% | 3.3% | ||
| Q2 25 | 22.2% | 2.4% | ||
| Q1 25 | 21.8% | 2.9% | ||
| Q4 24 | 22.2% | 5.2% | ||
| Q3 24 | 26.9% | 3.9% | ||
| Q2 24 | 23.4% | 3.6% | ||
| Q1 24 | 18.6% | 1.7% |
净利率HTOHVT
| Q4 25 | 8.1% | 4.2% | ||
| Q3 25 | 18.5% | 2.4% | ||
| Q2 25 | 12.5% | 1.5% | ||
| Q1 25 | 10.0% | 2.1% | ||
| Q4 24 | 11.7% | 4.4% | ||
| Q3 24 | 17.8% | 2.8% | ||
| Q2 24 | 12.0% | 2.5% | ||
| Q1 24 | 7.8% | 1.3% |
每股收益（稀释后）HTOHVT
| Q4 25 | $0.45 | — | ||
| Q3 25 | $1.27 | — | ||
| Q2 25 | $0.71 | — | ||
| Q1 25 | $0.49 | — | ||
| Q4 24 | $0.70 | — | ||
| Q3 24 | $1.17 | — | ||
| Q2 24 | $0.64 | — | ||
| Q1 24 | $0.36 | — |
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 | $20.7M | $125.3M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.5B | $307.9M |
| 总资产 | $5.1B | $649.1M |
| 负债/权益比越低杠杆越低 | 1.23× | — |
8季度趋势，按日历期对齐
现金及短期投资HTOHVT
| Q4 25 | $20.7M | $125.3M | ||
| Q3 25 | $11.3M | $130.5M | ||
| Q2 25 | $19.8M | $107.4M | ||
| Q1 25 | $23.7M | $111.9M | ||
| Q4 24 | $11.1M | $120.0M | ||
| Q3 24 | $4.0M | $121.2M | ||
| Q2 24 | $22.8M | $109.9M | ||
| Q1 24 | $4.5M | $111.8M |
总债务HTOHVT
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HTOHVT
| Q4 25 | $1.5B | $307.9M | ||
| Q3 25 | $1.5B | $306.0M | ||
| Q2 25 | $1.5B | $304.9M | ||
| Q1 25 | $1.4B | $305.4M | ||
| Q4 24 | $1.4B | $307.6M | ||
| Q3 24 | $1.3B | $307.8M | ||
| Q2 24 | $1.3B | $307.1M | ||
| Q1 24 | $1.2B | $306.7M |
总资产HTOHVT
| Q4 25 | $5.1B | $649.1M | ||
| Q3 25 | $5.0B | $651.7M | ||
| Q2 25 | $4.8B | $642.7M | ||
| Q1 25 | $4.7B | $642.7M | ||
| Q4 24 | $4.7B | $648.7M | ||
| Q3 24 | $4.6B | $659.3M | ||
| Q2 24 | $4.4B | $642.1M | ||
| Q1 24 | $4.4B | $640.5M |
负债/权益比HTOHVT
| Q4 25 | 1.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.26× | — | ||
| 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 | $63.5M | $7.4M |
| 自由现金流经营现金流 - 资本支出 | — | $3.0M |
| 自由现金流率自由现金流/营收 | — | 1.5% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | 3.92× | 0.86× |
| 过去12个月自由现金流最近4个季度 | — | $33.0M |
8季度趋势，按日历期对齐
经营现金流HTOHVT
| Q4 25 | $63.5M | $7.4M | ||
| Q3 25 | $77.3M | $31.9M | ||
| Q2 25 | $60.8M | $7.2M | ||
| Q1 25 | $43.2M | $6.2M | ||
| Q4 24 | $41.5M | $16.9M | ||
| Q3 24 | $53.5M | $24.4M | ||
| Q2 24 | $49.3M | $14.4M | ||
| Q1 24 | $51.2M | $3.1M |
自由现金流HTOHVT
| Q4 25 | — | $3.0M | ||
| Q3 25 | — | $28.3M | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $27.0K | ||
| Q4 24 | — | $9.1M | ||
| Q3 24 | — | $16.1M | ||
| Q2 24 | — | $4.9M | ||
| Q1 24 | — | $-3.3M |
自由现金流率HTOHVT
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 14.6% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | -1.8% |
资本支出强度HTOHVT
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | 3.5% |
现金转化率HTOHVT
| Q4 25 | 3.92× | 0.86× | ||
| Q3 25 | 1.71× | 6.75× | ||
| Q2 25 | 2.47× | 2.69× | ||
| Q1 25 | 2.61× | 1.63× | ||
| Q4 24 | 1.81× | 2.06× | ||
| Q3 24 | 1.39× | 4.96× | ||
| Q2 24 | 2.38× | 3.25× | ||
| Q1 24 | 4.38× | 1.31× |
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
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
HVT
| Upholstery | $91.0M | 45% |
| Bedroom Furniture | $29.2M | 14% |
| Accessories And Other | $28.4M | 14% |
| Dining Room Furniture | $22.8M | 11% |
| Mattresses | $16.1M | 8% |
| Occasional | $14.4M | 7% |
