vs
Stride, Inc.（LRN）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
Stride, Inc.的季度营收约是RBC Bearings INC的1.4倍（$629.9M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 14.1%，领先0.5%），RBC Bearings INC同比增速更快（17.0% vs 2.7%），过去两年Stride, Inc.的营收复合增速更高（6.9% vs 5.6%）
Stride, Inc.是一家营利性教育机构，主营在线及混合式教育项目。作为教育管理机构，其为K12阶段公立学校学生提供替代传统线下教学的在线教育方案，同时也开设职业学习课程。截至2012年，这家上市企业是全球招生规模最大的教育管理机构。
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。
LRN vs RBC — 直观对比
营收规模更大
LRN
是对方的1.4倍
$461.6M
营收增速更快
RBC
高出14.3%
2.7%
净利率更高
RBC
高出0.5%
14.1%
两年增速更快
LRN
近两年复合增速
5.6%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $629.9M | $461.6M |
| 净利润 | $88.5M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 20.5% | 22.3% |
| 净利率 | 14.1% | 14.6% |
| 营收同比 | 2.7% | 17.0% |
| 净利润同比 | 8.5% | 16.4% |
| 每股收益（稀释后） | $1.93 | $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LRNRBC
| Q3 26 | $629.9M | — | ||
| Q4 25 | $631.3M | $461.6M | ||
| Q3 25 | $620.9M | $455.3M | ||
| Q2 25 | $653.6M | $436.0M | ||
| Q1 25 | $613.4M | $437.7M | ||
| Q4 24 | $587.2M | $394.4M | ||
| Q3 24 | $551.1M | $397.9M | ||
| Q2 24 | — | $406.3M |
净利润LRNRBC
| Q3 26 | $88.5M | — | ||
| Q4 25 | $99.5M | $67.4M | ||
| Q3 25 | $68.8M | $60.0M | ||
| Q2 25 | $51.3M | $68.5M | ||
| Q1 25 | $99.3M | $72.7M | ||
| Q4 24 | $96.4M | $57.9M | ||
| Q3 24 | $40.9M | $54.2M | ||
| Q2 24 | — | $61.4M |
毛利率LRNRBC
| Q3 26 | — | — | ||
| Q4 25 | 41.1% | 44.3% | ||
| Q3 25 | 39.0% | 44.1% | ||
| Q2 25 | 36.6% | 44.8% | ||
| Q1 25 | 40.6% | 44.2% | ||
| Q4 24 | 40.8% | 44.3% | ||
| Q3 24 | 39.2% | 43.7% | ||
| Q2 24 | — | 45.3% |
营业利润率LRNRBC
| Q3 26 | 20.5% | — | ||
| Q4 25 | 23.3% | 22.3% | ||
| Q3 25 | 11.1% | 21.5% | ||
| Q2 25 | 8.7% | 23.2% | ||
| Q1 25 | 21.3% | 23.0% | ||
| Q4 24 | 21.3% | 21.7% | ||
| Q3 24 | 8.6% | 21.6% | ||
| Q2 24 | — | 24.0% |
净利率LRNRBC
| Q3 26 | 14.1% | — | ||
| Q4 25 | 15.8% | 14.6% | ||
| Q3 25 | 11.1% | 13.2% | ||
| Q2 25 | 7.9% | 15.7% | ||
| Q1 25 | 16.2% | 16.6% | ||
| Q4 24 | 16.4% | 14.7% | ||
| Q3 24 | 7.4% | 13.6% | ||
| Q2 24 | — | 15.1% |
每股收益（稀释后）LRNRBC
| Q3 26 | $1.93 | — | ||
| Q4 25 | $2.12 | $2.13 | ||
| Q3 25 | $1.40 | $1.90 | ||
| Q2 25 | $0.96 | $2.17 | ||
| Q1 25 | $2.02 | $2.33 | ||
| Q4 24 | $2.03 | $1.82 | ||
| Q3 24 | $0.94 | $1.65 | ||
| Q2 24 | — | $1.90 |
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 | $614.0M | $107.6M |
| 总债务越低越好 | $417.6M | $990.2M |
| 股东权益账面价值 | $1.6B | $3.3B |
| 总资产 | $2.4B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.25× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资LRNRBC
| Q3 26 | $614.0M | — | ||
| Q4 25 | $625.7M | $107.6M | ||
| Q3 25 | $715.1M | $91.2M | ||
| Q2 25 | $985.3M | $132.9M | ||
| Q1 25 | $723.7M | $36.8M | ||
| Q4 24 | $717.5M | — | ||
| Q3 24 | $522.2M | — | ||
| Q2 24 | — | $76.8M |
总债务LRNRBC
| Q3 26 | $417.6M | — | ||
| Q4 25 | $417.2M | $990.2M | ||
| Q3 25 | $416.8M | $1.1B | ||
| Q2 25 | $416.3M | $915.6M | ||
| Q1 25 | $415.9M | $920.1M | ||
| Q4 24 | $415.5M | — | ||
| Q3 24 | $415.1M | — | ||
| Q2 24 | — | — |
股东权益LRNRBC
| Q3 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $3.3B | ||
| Q3 25 | $1.5B | $3.2B | ||
| Q2 25 | $1.5B | $3.1B | ||
| Q1 25 | $1.4B | $3.0B | ||
| Q4 24 | $1.3B | $2.9B | ||
| Q3 24 | $1.2B | $2.9B | ||
| Q2 24 | — | $2.8B |
总资产LRNRBC
| Q3 26 | $2.4B | — | ||
| Q4 25 | $2.3B | $5.1B | ||
| Q3 25 | $2.3B | $5.1B | ||
| Q2 25 | $2.3B | $4.8B | ||
| Q1 25 | $2.2B | $4.7B | ||
| Q4 24 | $2.1B | $4.7B | ||
| Q3 24 | $2.0B | $4.7B | ||
| Q2 24 | — | $4.7B |
负债/权益比LRNRBC
| Q3 26 | 0.25× | — | ||
| Q4 25 | 0.27× | 0.30× | ||
| Q3 25 | 0.27× | 0.34× | ||
| Q2 25 | 0.28× | 0.29× | ||
| Q1 25 | 0.29× | 0.30× | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.34× | — | ||
| Q2 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 | $117.0M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | — | $99.1M |
| 自由现金流率自由现金流/营收 | — | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | 1.32× | 1.81× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LRNRBC
| Q3 26 | $117.0M | — | ||
| Q4 25 | $91.8M | $122.1M | ||
| Q3 25 | $-195.8M | $88.4M | ||
| Q2 25 | $298.3M | $120.0M | ||
| Q1 25 | $53.1M | — | ||
| Q4 24 | $223.4M | $84.0M | ||
| Q3 24 | $-142.0M | — | ||
| Q2 24 | — | $97.4M |
自由现金流LRNRBC
| Q3 26 | — | — | ||
| Q4 25 | $91.6M | $99.1M | ||
| Q3 25 | $-196.1M | $71.7M | ||
| Q2 25 | $297.9M | $104.3M | ||
| Q1 25 | $52.9M | — | ||
| Q4 24 | $222.9M | $73.6M | ||
| Q3 24 | $-142.7M | — | ||
| Q2 24 | — | $88.4M |
自由现金流率LRNRBC
| Q3 26 | — | — | ||
| Q4 25 | 14.5% | 21.5% | ||
| Q3 25 | -31.6% | 15.7% | ||
| Q2 25 | 45.6% | 23.9% | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 38.0% | 18.7% | ||
| Q3 24 | -25.9% | — | ||
| Q2 24 | — | 21.8% |
资本支出强度LRNRBC
| Q3 26 | — | — | ||
| Q4 25 | 0.0% | 5.0% | ||
| Q3 25 | 0.0% | 3.7% | ||
| Q2 25 | 0.1% | 3.6% | ||
| Q1 25 | 0.0% | 3.2% | ||
| Q4 24 | 0.1% | 2.6% | ||
| Q3 24 | 0.1% | 4.1% | ||
| Q2 24 | — | 2.2% |
现金转化率LRNRBC
| Q3 26 | 1.32× | — | ||
| Q4 25 | 0.92× | 1.81× | ||
| Q3 25 | -2.85× | 1.47× | ||
| Q2 25 | 5.81× | 1.75× | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 2.32× | 1.45× | ||
| Q3 24 | -3.47× | — | ||
| Q2 24 | — | 1.59× |
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
LRN
| General Education | $357.5M | 57% |
| Middle - High School | $259.5M | 41% |
| Adult | $12.9M | 2% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
