vs
因塞特（INCY）与M/I HOMES, INC.（MHO）财务数据对比。点击上方公司名可切换其他公司
因塞特的季度营收约是M/I HOMES, INC.的1.1倍（$1.3B vs $1.1B），因塞特净利率更高（23.8% vs 5.6%，领先18.3%），因塞特同比增速更快（19.8% vs -4.8%），过去两年因塞特的营收复合增速更高（10.4% vs 4.7%）
因塞特是总部位于美国特拉华州威尔明顿的跨国制药企业，目前在北美、欧洲及亚洲多地设有生产基地与研发中心，专注于创新药物的研发、生产及商业化，为全球患者提供优质的治疗选择。
M/I Homes是美国领先的住宅建筑企业，主要设计、建造及销售独栋住宅、联排住宅与复式公寓，业务覆盖美国多州，面向首次置业、改善型及高端置业群体，提供节能住宅产品与个性化定制服务。
INCY vs MHO — 直观对比
营收规模更大
INCY
是对方的1.1倍
$1.1B
营收增速更快
INCY
高出24.6%
-4.8%
净利率更高
INCY
高出18.3%
5.6%
两年增速更快
INCY
近两年复合增速
4.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.1B |
| 净利润 | $303.3M | $64.0M |
| 毛利率 | — | 17.4% |
| 营业利润率 | 23.7% | 6.5% |
| 净利率 | 23.8% | 5.6% |
| 营收同比 | 19.8% | -4.8% |
| 净利润同比 | 91.7% | -52.1% |
| 每股收益（稀释后） | $1.47 | $2.42 |
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INCYMHO
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.1B | $976.1M | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.0B | $1.1B |
净利润INCYMHO
| Q1 26 | $303.3M | — | ||
| Q4 25 | $299.3M | $64.0M | ||
| Q3 25 | $424.2M | $106.5M | ||
| Q2 25 | $405.0M | $121.2M | ||
| Q1 25 | $158.2M | $111.2M | ||
| Q4 24 | $201.2M | $133.5M | ||
| Q3 24 | $106.5M | $145.4M | ||
| Q2 24 | $-444.6M | $146.7M |
毛利率INCYMHO
| Q1 26 | — | — | ||
| Q4 25 | 92.0% | 17.4% | ||
| Q3 25 | 92.8% | 24.5% | ||
| Q2 25 | 93.5% | 24.7% | ||
| Q1 25 | 93.0% | 25.9% | ||
| Q4 24 | 92.5% | 24.6% | ||
| Q3 24 | 92.4% | 27.1% | ||
| Q2 24 | 92.7% | 27.9% |
营业利润率INCYMHO
| Q1 26 | 23.7% | — | ||
| Q4 25 | 22.3% | 6.5% | ||
| Q3 25 | 32.5% | 12.0% | ||
| Q2 25 | 43.6% | 13.4% | ||
| Q1 25 | 19.5% | 14.4% | ||
| Q4 24 | 25.6% | 13.6% | ||
| Q3 24 | 12.8% | 15.9% | ||
| Q2 24 | -45.8% | 16.8% |
净利率INCYMHO
| Q1 26 | 23.8% | — | ||
| Q4 25 | 19.9% | 5.6% | ||
| Q3 25 | 31.1% | 9.4% | ||
| Q2 25 | 33.3% | 10.4% | ||
| Q1 25 | 15.0% | 11.4% | ||
| Q4 24 | 17.1% | 11.1% | ||
| Q3 24 | 9.4% | 12.7% | ||
| Q2 24 | -42.6% | 13.2% |
每股收益（稀释后）INCYMHO
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.46 | $2.42 | ||
| Q3 25 | $2.11 | $3.92 | ||
| Q2 25 | $2.04 | $4.42 | ||
| Q1 25 | $0.80 | $3.98 | ||
| Q4 24 | $0.90 | $4.71 | ||
| Q3 24 | $0.54 | $5.10 | ||
| Q2 24 | $-2.04 | $5.12 |
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 | — | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.6B | $3.2B |
| 总资产 | $7.3B | $4.8B |
| 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INCYMHO
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $987.3M | — |
股东权益INCYMHO
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.2B | $3.2B | ||
| Q3 25 | $4.7B | $3.1B | ||
| Q2 25 | $4.2B | $3.1B | ||
| Q1 25 | $3.7B | $3.0B | ||
| Q4 24 | $3.4B | $2.9B | ||
| Q3 24 | $3.2B | $2.8B | ||
| Q2 24 | $3.0B | $2.7B |
总资产INCYMHO
| Q1 26 | $7.3B | — | ||
| Q4 25 | $7.0B | $4.8B | ||
| Q3 25 | $6.3B | $4.8B | ||
| Q2 25 | $5.8B | $4.7B | ||
| Q1 25 | $5.7B | $4.6B | ||
| Q4 24 | $5.4B | $4.5B | ||
| Q3 24 | $5.0B | $4.5B | ||
| Q2 24 | $4.7B | $4.3B |
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 | — | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-13.0M |
| 自由现金流率自由现金流/营收 | — | -1.1% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | — | -0.14× |
| 过去12个月自由现金流最近4个季度 | — | $127.7M |
8季度趋势，按日历期对齐
经营现金流INCYMHO
| Q1 26 | — | — | ||
| Q4 25 | $543.3M | $-8.7M | ||
| Q3 25 | $559.4M | $43.4M | ||
| Q2 25 | $44.7M | $37.8M | ||
| Q1 25 | $266.1M | $64.9M | ||
| Q4 24 | $381.2M | $104.4M | ||
| Q3 24 | $310.9M | $-67.9M | ||
| Q2 24 | $-575.6M | $27.5M |
自由现金流INCYMHO
| Q1 26 | — | — | ||
| Q4 25 | — | $-13.0M | ||
| Q3 25 | — | $42.0M | ||
| Q2 25 | — | $35.1M | ||
| Q1 25 | — | $63.5M | ||
| Q4 24 | — | $102.3M | ||
| Q3 24 | — | $-68.5M | ||
| Q2 24 | — | $22.0M |
自由现金流率INCYMHO
| Q1 26 | — | — | ||
| Q4 25 | — | -1.1% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | -6.0% | ||
| Q2 24 | — | 2.0% |
资本支出强度INCYMHO
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.5% |
现金转化率INCYMHO
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | -0.14× | ||
| Q3 25 | 1.32× | 0.41× | ||
| Q2 25 | 0.11× | 0.31× | ||
| Q1 25 | 1.68× | 0.58× | ||
| Q4 24 | 1.89× | 0.78× | ||
| Q3 24 | 2.92× | -0.47× | ||
| Q2 24 | — | 0.19× |
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
INCY
暂无分部数据
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
