vs
IAC Inc.（IAC）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
IAC Inc.的季度营收约是RBC Bearings INC的1.4倍（$646.0M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs -11.9%，领先26.5%），RBC Bearings INC同比增速更快（17.0% vs -10.5%），RBC Bearings INC自由现金流更多（$99.1M vs $31.4M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs 1.7%）
IAC Inc.是一家美国控股企业，业务覆盖媒体与互联网领域，在全球拥有多个知名品牌。公司前身是1996年成立的HSN Inc.，当时作为家庭购物频道Home Shopping Network和USA电视台的控股主体运营，1999年更名为USA Networks Inc.，2002年将旗下电视业务资产出售给威望迪集团。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
IAC vs RBC — 直观对比
营收规模更大
IAC
是对方的1.4倍
$461.6M
营收增速更快
RBC
高出27.5%
-10.5%
净利率更高
RBC
高出26.5%
-11.9%
自由现金流更多
RBC
多$67.7M
$31.4M
两年增速更快
RBC
近两年复合增速
1.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $646.0M | $461.6M |
| 净利润 | $-76.8M | $67.4M |
| 毛利率 | 69.8% | 44.3% |
| 营业利润率 | -17.5% | 22.3% |
| 净利率 | -11.9% | 14.6% |
| 营收同比 | -10.5% | 17.0% |
| 净利润同比 | 61.4% | 16.4% |
| 每股收益（稀释后） | $-0.96 | $2.13 |
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IACRBC
| Q4 25 | $646.0M | $461.6M | ||
| Q3 25 | $589.8M | $455.3M | ||
| Q2 25 | $586.9M | $436.0M | ||
| Q1 25 | $570.5M | $437.7M | ||
| Q4 24 | $721.4M | $394.4M | ||
| Q3 24 | $642.0M | $397.9M | ||
| Q2 24 | $634.4M | $406.3M | ||
| Q1 24 | $624.3M | $413.7M |
净利润IACRBC
| Q4 25 | $-76.8M | $67.4M | ||
| Q3 25 | $-21.9M | $60.0M | ||
| Q2 25 | $211.5M | $68.5M | ||
| Q1 25 | $-216.8M | $72.7M | ||
| Q4 24 | $-199.0M | $57.9M | ||
| Q3 24 | $-243.7M | $54.2M | ||
| Q2 24 | $-142.2M | $61.4M | ||
| Q1 24 | $45.0M | — |
毛利率IACRBC
| Q4 25 | 69.8% | 44.3% | ||
| Q3 25 | 64.8% | 44.1% | ||
| Q2 25 | 65.6% | 44.8% | ||
| Q1 25 | 64.0% | 44.2% | ||
| Q4 24 | 65.8% | 44.3% | ||
| Q3 24 | 62.1% | 43.7% | ||
| Q2 24 | 60.1% | 45.3% | ||
| Q1 24 | 58.4% | 43.1% |
营业利润率IACRBC
| Q4 25 | -17.5% | 22.3% | ||
| Q3 25 | -3.5% | 21.5% | ||
| Q2 25 | 0.1% | 23.2% | ||
| Q1 25 | 6.3% | 23.0% | ||
| Q4 24 | 6.7% | 21.7% | ||
| Q3 24 | 1.3% | 21.6% | ||
| Q2 24 | -3.4% | 24.0% | ||
| Q1 24 | -10.2% | 22.8% |
净利率IACRBC
| Q4 25 | -11.9% | 14.6% | ||
| Q3 25 | -3.7% | 13.2% | ||
| Q2 25 | 36.0% | 15.7% | ||
| Q1 25 | -38.0% | 16.6% | ||
| Q4 24 | -27.6% | 14.7% | ||
| Q3 24 | -38.0% | 13.6% | ||
| Q2 24 | -22.4% | 15.1% | ||
| Q1 24 | 7.2% | — |
每股收益（稀释后）IACRBC
| Q4 25 | $-0.96 | $2.13 | ||
| Q3 25 | $-0.27 | $1.90 | ||
| Q2 25 | $2.57 | $2.17 | ||
| Q1 25 | $-2.64 | $2.33 | ||
| Q4 24 | $-2.36 | $1.82 | ||
| Q3 24 | $-2.93 | $1.65 | ||
| Q2 24 | $-1.71 | $1.90 | ||
| Q1 24 | $0.51 | $1.92 |
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 | $960.2M | $107.6M |
| 总债务越低越好 | $1.4B | $990.2M |
| 股东权益账面价值 | $4.7B | $3.3B |
| 总资产 | $7.1B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.30× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资IACRBC
| Q4 25 | $960.2M | $107.6M | ||
| Q3 25 | $1.0B | $91.2M | ||
| Q2 25 | $1.1B | $132.9M | ||
| Q1 25 | $1.2B | $36.8M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | $76.8M | ||
| Q1 24 | $1.3B | $63.5M |
总债务IACRBC
| Q4 25 | $1.4B | $990.2M | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.4B | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益IACRBC
| Q4 25 | $4.7B | $3.3B | ||
| Q3 25 | $4.8B | $3.2B | ||
| Q2 25 | $4.9B | $3.1B | ||
| Q1 25 | $4.7B | $3.0B | ||
| Q4 24 | $5.6B | $2.9B | ||
| Q3 24 | $5.8B | $2.9B | ||
| Q2 24 | $6.0B | $2.8B | ||
| Q1 24 | $6.1B | $2.8B |
总资产IACRBC
| Q4 25 | $7.1B | $5.1B | ||
| Q3 25 | $7.2B | $5.1B | ||
| Q2 25 | $7.4B | $4.8B | ||
| Q1 25 | $7.2B | $4.7B | ||
| Q4 24 | $9.7B | $4.7B | ||
| Q3 24 | $9.8B | $4.7B | ||
| Q2 24 | $10.2B | $4.7B | ||
| Q1 24 | $10.4B | $4.7B |
负债/权益比IACRBC
| Q4 25 | 0.30× | 0.30× | ||
| Q3 25 | 0.30× | 0.34× | ||
| Q2 25 | 0.30× | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $36.6M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $31.4M | $99.1M |
| 自由现金流率自由现金流/营收 | 4.9% | 21.5% |
| 资本支出强度资本支出/营收 | 0.8% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $44.8M | — |
8季度趋势，按日历期对齐
经营现金流IACRBC
| Q4 25 | $36.6M | $122.1M | ||
| Q3 25 | $30.1M | $88.4M | ||
| Q2 25 | $-2.8M | $120.0M | ||
| Q1 25 | $63.0K | — | ||
| Q4 24 | $110.1M | $84.0M | ||
| Q3 24 | $95.3M | — | ||
| Q2 24 | $85.0M | $97.4M | ||
| Q1 24 | $64.1M | — |
自由现金流IACRBC
| Q4 25 | $31.4M | $99.1M | ||
| Q3 25 | $25.3M | $71.7M | ||
| Q2 25 | $-7.2M | $104.3M | ||
| Q1 25 | $-4.6M | — | ||
| Q4 24 | $104.8M | $73.6M | ||
| Q3 24 | $92.0M | — | ||
| Q2 24 | $81.6M | $88.4M | ||
| Q1 24 | $61.1M | — |
自由现金流率IACRBC
| Q4 25 | 4.9% | 21.5% | ||
| Q3 25 | 4.3% | 15.7% | ||
| Q2 25 | -1.2% | 23.9% | ||
| Q1 25 | -0.8% | — | ||
| Q4 24 | 14.5% | 18.7% | ||
| Q3 24 | 14.3% | — | ||
| Q2 24 | 12.9% | 21.8% | ||
| Q1 24 | 9.8% | — |
资本支出强度IACRBC
| Q4 25 | 0.8% | 5.0% | ||
| Q3 25 | 0.8% | 3.7% | ||
| Q2 25 | 0.8% | 3.6% | ||
| Q1 25 | 0.8% | 3.2% | ||
| Q4 24 | 0.7% | 2.6% | ||
| Q3 24 | 0.5% | 4.1% | ||
| Q2 24 | 0.5% | 2.2% | ||
| Q1 24 | 0.5% | — |
现金转化率IACRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | -0.01× | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.59× | ||
| Q1 24 | 1.42× | — |
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
IAC
| $168.5M | 26% | |
| Performance Marketing | $101.2M | 16% |
| Care.com | $85.7M | 13% |
| Subscription | $69.5M | 11% |
| Licensing And Other | $43.8M | 7% |
| Consumer Revenue | $43.2M | 7% |
| Advertising | $35.9M | 6% |
| Project And Other Print | $33.6M | 5% |
| Advertising Google | $28.9M | 4% |
| Newsstand | $22.4M | 3% |
| Emerging Other | $19.6M | 3% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
