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HAVERTY FURNITURE COMPANIES INC（HVT）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
HAVERTY FURNITURE COMPANIES INC的季度营收约是Ribbon Communications Inc.的1.2倍（$201.9M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 4.2%，领先50.5%），HAVERTY FURNITURE COMPANIES INC同比增速更快（9.5% vs -10.3%），过去两年HAVERTY FURNITURE COMPANIES INC的营收复合增速更高（4.8% vs -8.1%）
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。
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。
HVT vs RBBN — 直观对比
营收规模更大
HVT
是对方的1.2倍
$162.6M
营收增速更快
HVT
高出19.8%
-10.3%
净利率更高
RBBN
高出50.5%
4.2%
两年增速更快
HVT
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $201.9M | $162.6M |
| 净利润 | $8.5M | $89.1M |
| 毛利率 | 60.4% | 42.9% |
| 营业利润率 | 5.3% | 37.6% |
| 净利率 | 4.2% | 54.8% |
| 营收同比 | 9.5% | -10.3% |
| 净利润同比 | 4.1% | — |
| 每股收益（稀释后） | — | $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HVTRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $201.9M | $227.3M | ||
| Q3 25 | $194.5M | $215.4M | ||
| Q2 25 | $181.0M | $220.6M | ||
| Q1 25 | $181.6M | $181.3M | ||
| Q4 24 | $184.4M | $251.4M | ||
| Q3 24 | $175.9M | $210.2M | ||
| Q2 24 | $178.6M | $192.6M |
净利润HVTRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $8.5M | — | ||
| Q3 25 | $4.7M | $-12.1M | ||
| Q2 25 | $2.7M | $-11.1M | ||
| Q1 25 | $3.8M | $-26.2M | ||
| Q4 24 | $8.2M | — | ||
| Q3 24 | $4.9M | $-13.4M | ||
| Q2 24 | $4.4M | $-16.8M |
毛利率HVTRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 60.4% | 53.3% | ||
| Q3 25 | 60.3% | 50.1% | ||
| Q2 25 | 60.8% | 49.6% | ||
| Q1 25 | 61.2% | 45.4% | ||
| Q4 24 | 61.9% | 55.7% | ||
| Q3 24 | 60.2% | 52.1% | ||
| Q2 24 | 60.4% | 50.8% |
营业利润率HVTRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 5.3% | 4.1% | ||
| Q3 25 | 3.3% | 1.3% | ||
| Q2 25 | 2.4% | 1.9% | ||
| Q1 25 | 2.9% | -10.8% | ||
| Q4 24 | 5.2% | 13.2% | ||
| Q3 24 | 3.9% | -0.4% | ||
| Q2 24 | 3.6% | -1.0% |
净利率HVTRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 4.2% | — | ||
| Q3 25 | 2.4% | -5.6% | ||
| Q2 25 | 1.5% | -5.0% | ||
| Q1 25 | 2.1% | -14.5% | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 2.8% | -6.4% | ||
| Q2 24 | 2.5% | -8.7% |
每股收益（稀释后）HVTRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | — | $0.50 | ||
| Q3 25 | — | $-0.07 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | — | $0.05 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 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 | $125.3M | $67.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $307.9M | $419.1M |
| 总资产 | $649.1M | — |
| 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HVTRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $125.3M | $96.4M | ||
| Q3 25 | $130.5M | $74.8M | ||
| Q2 25 | $107.4M | $60.5M | ||
| Q1 25 | $111.9M | $71.2M | ||
| Q4 24 | $120.0M | $87.8M | ||
| Q3 24 | $121.2M | $37.2M | ||
| Q2 24 | $109.9M | $64.6M |
总债务HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $342.1M | ||
| Q3 25 | — | $344.3M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $347.4M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M |
股东权益HVTRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $307.9M | $449.0M | ||
| Q3 25 | $306.0M | $360.1M | ||
| Q2 25 | $304.9M | $370.4M | ||
| Q1 25 | $305.4M | $381.8M | ||
| Q4 24 | $307.6M | $404.6M | ||
| Q3 24 | $307.8M | $395.5M | ||
| Q2 24 | $307.1M | $405.0M |
总资产HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | $649.1M | $1.2B | ||
| Q3 25 | $651.7M | $1.1B | ||
| Q2 25 | $642.7M | $1.1B | ||
| Q1 25 | $642.7M | $1.1B | ||
| Q4 24 | $648.7M | $1.2B | ||
| Q3 24 | $659.3M | $1.1B | ||
| Q2 24 | $642.1M | $1.1B |
负债/权益比HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.76× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 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 | $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 | 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HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | $7.4M | $29.2M | ||
| Q3 25 | $31.9M | $26.5M | ||
| Q2 25 | $7.2M | $-795.0K | ||
| Q1 25 | $6.2M | $-3.5M | ||
| Q4 24 | $16.9M | $61.8M | ||
| Q3 24 | $24.4M | $-14.8M | ||
| Q2 24 | $14.4M | $-9.8M |
自由现金流HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | $3.0M | $27.3M | ||
| Q3 25 | $28.3M | $21.0M | ||
| Q2 25 | $1.6M | $-6.5M | ||
| Q1 25 | $27.0K | $-15.7M | ||
| Q4 24 | $9.1M | $53.8M | ||
| Q3 24 | $16.1M | $-23.7M | ||
| Q2 24 | $4.9M | $-12.9M |
自由现金流率HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 12.0% | ||
| Q3 25 | 14.6% | 9.7% | ||
| Q2 25 | 0.9% | -2.9% | ||
| Q1 25 | 0.0% | -8.7% | ||
| Q4 24 | 4.9% | 21.4% | ||
| Q3 24 | 9.2% | -11.3% | ||
| Q2 24 | 2.7% | -6.7% |
资本支出强度HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 0.9% | ||
| Q3 25 | 1.8% | 2.6% | ||
| Q2 25 | 3.1% | 2.6% | ||
| Q1 25 | 3.4% | 6.7% | ||
| Q4 24 | 4.2% | 3.2% | ||
| Q3 24 | 4.7% | 4.2% | ||
| Q2 24 | 5.3% | 1.6% |
现金转化率HVTRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.86× | — | ||
| Q3 25 | 6.75× | — | ||
| Q2 25 | 2.69× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 2.06× | — | ||
| Q3 24 | 4.96× | — | ||
| Q2 24 | 3.25× | — |
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
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% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
