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骏利亨德森集团（JHG）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是骏利亨德森集团的1.1倍（$1.3B vs $1.1B），骏利亨德森集团同比增速更快（61.3% vs -5.8%），骏利亨德森集团自由现金流更多（$320.4M vs $170.8M），过去两年骏利亨德森集团的营收复合增速更高（43.9% vs -6.1%）
骏利亨德森集团是英美联手设立的全球资产管理企业，总部位于英国伦敦金融城，旗下以「骏利亨德森投资者」为运营品牌，面向全球个人投资者、中介顾问及机构客户提供多元金融产品与专业资产管理服务。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
JHG vs RHI — 直观对比
营收规模更大
RHI
是对方的1.1倍
$1.1B
营收增速更快
JHG
高出67.1%
-5.8%
自由现金流更多
JHG
多$149.6M
$170.8M
两年增速更快
JHG
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.3B |
| 净利润 | $403.2M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | 42.7% | 1.7% |
| 净利率 | 35.3% | — |
| 营收同比 | 61.3% | -5.8% |
| 净利润同比 | 231.0% | — |
| 每股收益（稀释后） | $2.59 | $0.32 |
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JHGRHI
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $700.4M | $1.4B | ||
| Q2 25 | $633.2M | $1.4B | ||
| Q1 25 | $621.4M | $1.4B | ||
| Q4 24 | $708.3M | $1.4B | ||
| Q3 24 | $624.8M | $1.5B | ||
| Q2 24 | $588.4M | $1.5B | ||
| Q1 24 | $551.7M | $1.5B |
净利润JHGRHI
| Q4 25 | $403.2M | — | ||
| Q3 25 | $142.1M | $42.9M | ||
| Q2 25 | $149.9M | $41.0M | ||
| Q1 25 | $120.7M | $17.4M | ||
| Q4 24 | $121.8M | — | ||
| Q3 24 | $27.3M | $65.5M | ||
| Q2 24 | $129.7M | $68.2M | ||
| Q1 24 | $130.1M | $63.7M |
毛利率JHGRHI
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 37.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | — | 39.0% | ||
| Q2 24 | — | 39.2% | ||
| Q1 24 | — | 38.1% |
营业利润率JHGRHI
| Q4 25 | 42.7% | 1.7% | ||
| Q3 25 | 24.6% | 1.0% | ||
| Q2 25 | 25.9% | 0.1% | ||
| Q1 25 | 24.7% | 2.9% | ||
| Q4 24 | 27.9% | 4.7% | ||
| Q3 24 | 26.4% | 4.1% | ||
| Q2 24 | 27.9% | 5.1% | ||
| Q1 24 | 21.6% | 2.8% |
净利率JHGRHI
| Q4 25 | 35.3% | — | ||
| Q3 25 | 20.3% | 3.2% | ||
| Q2 25 | 23.7% | 3.0% | ||
| Q1 25 | 19.4% | 1.3% | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 4.4% | 4.5% | ||
| Q2 24 | 22.0% | 4.6% | ||
| Q1 24 | 23.6% | 4.3% |
每股收益（稀释后）JHGRHI
| Q4 25 | $2.59 | $0.32 | ||
| Q3 25 | $0.92 | $0.43 | ||
| Q2 25 | $0.95 | $0.41 | ||
| Q1 25 | $0.77 | $0.17 | ||
| Q4 24 | $0.77 | $0.53 | ||
| Q3 24 | $0.17 | $0.64 | ||
| Q2 24 | $0.81 | $0.66 | ||
| Q1 24 | $0.81 | $0.61 |
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 | $1.6B | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.1B | $1.3B |
| 总资产 | $8.3B | $2.9B |
| 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JHGRHI
| Q4 25 | $1.6B | $464.4M | ||
| Q3 25 | $1.4B | $365.3M | ||
| Q2 25 | $1.3B | $380.5M | ||
| Q1 25 | $1.4B | $342.5M | ||
| Q4 24 | $1.6B | $537.6M | ||
| Q3 24 | $1.8B | $570.5M | ||
| Q2 24 | $1.3B | $547.4M | ||
| Q1 24 | $1.1B | $540.9M |
股东权益JHGRHI
| Q4 25 | $5.1B | $1.3B | ||
| Q3 25 | $4.8B | $1.3B | ||
| Q2 25 | $4.8B | $1.3B | ||
| Q1 25 | $4.7B | $1.3B | ||
| Q4 24 | $4.6B | $1.4B | ||
| Q3 24 | $4.6B | $1.5B | ||
| Q2 24 | $4.5B | $1.5B | ||
| Q1 24 | $4.4B | $1.5B |
总资产JHGRHI
| Q4 25 | $8.3B | $2.9B | ||
| Q3 25 | $7.6B | $2.8B | ||
| Q2 25 | $7.5B | $2.8B | ||
| Q1 25 | $7.1B | $2.7B | ||
| Q4 24 | $7.0B | $2.9B | ||
| Q3 24 | $7.3B | $3.0B | ||
| Q2 24 | $6.4B | $2.9B | ||
| Q1 24 | $6.3B | $2.9B |
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 | $322.7M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $320.4M | $170.8M |
| 自由现金流率自由现金流/营收 | 28.0% | 13.1% |
| 资本支出强度资本支出/营收 | 0.2% | 0.9% |
| 现金转化率经营现金流/净利润 | 0.80× | — |
| 过去12个月自由现金流最近4个季度 | $710.9M | $266.8M |
8季度趋势，按日历期对齐
经营现金流JHGRHI
| Q4 25 | $322.7M | $182.5M | ||
| Q3 25 | $258.8M | $77.4M | ||
| Q2 25 | $135.2M | $119.4M | ||
| Q1 25 | $2.8M | $-59.3M | ||
| Q4 24 | $247.3M | $154.8M | ||
| Q3 24 | $228.5M | $129.6M | ||
| Q2 24 | $223.8M | $142.0M | ||
| Q1 24 | $-5.0M | $-15.9M |
自由现金流JHGRHI
| Q4 25 | $320.4M | $170.8M | ||
| Q3 25 | $256.4M | $63.6M | ||
| Q2 25 | $133.2M | $104.2M | ||
| Q1 25 | $900.0K | $-71.7M | ||
| Q4 24 | $243.5M | $140.5M | ||
| Q3 24 | $225.9M | $111.8M | ||
| Q2 24 | $221.9M | $129.6M | ||
| Q1 24 | $-6.8M | $-27.7M |
自由现金流率JHGRHI
| Q4 25 | 28.0% | 13.1% | ||
| Q3 25 | 36.6% | 4.7% | ||
| Q2 25 | 21.0% | 7.6% | ||
| Q1 25 | 0.1% | -5.3% | ||
| Q4 24 | 34.4% | 10.2% | ||
| Q3 24 | 36.2% | 7.6% | ||
| Q2 24 | 37.7% | 8.8% | ||
| Q1 24 | -1.2% | -1.9% |
资本支出强度JHGRHI
| Q4 25 | 0.2% | 0.9% | ||
| Q3 25 | 0.3% | 1.0% | ||
| Q2 25 | 0.3% | 1.1% | ||
| Q1 25 | 0.3% | 0.9% | ||
| Q4 24 | 0.5% | 1.0% | ||
| Q3 24 | 0.4% | 1.2% | ||
| Q2 24 | 0.3% | 0.8% | ||
| Q1 24 | 0.3% | 0.8% |
现金转化率JHGRHI
| Q4 25 | 0.80× | — | ||
| Q3 25 | 1.82× | 1.80× | ||
| Q2 25 | 0.90× | 2.91× | ||
| Q1 25 | 0.02× | -3.42× | ||
| Q4 24 | 2.03× | — | ||
| Q3 24 | 8.37× | 1.98× | ||
| Q2 24 | 1.73× | 2.08× | ||
| Q1 24 | -0.04× | -0.25× |
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
JHG
| Investment Advice | $585.2M | 51% |
| Investment Performance | $425.8M | 37% |
| Other | $76.4M | 7% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
