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MDU RESOURCES GROUP INC（MDU）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是MDU RESOURCES GROUP INC的1.6倍（$828.2M vs $522.6M），MDU RESOURCES GROUP INC净利率更高（14.6% vs 13.2%，领先1.4%），Rithm Capital Corp.同比增速更快（508.5% vs -1.6%），过去两年MDU RESOURCES GROUP INC的营收复合增速更高（-5.7% vs -17.9%）
MDU资源集团是一家总部位于美国北达科他州俾斯麦的企业，业务涵盖受监管的能源输送供应，以及公用事业相关的建筑材料与服务，业务范围覆盖美国48个州，是当地能源及基建服务领域的重要参与者。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
MDU vs RITM — 直观对比
营收规模更大
RITM
是对方的1.6倍
$522.6M
营收增速更快
RITM
高出510.1%
-1.6%
净利率更高
MDU
高出1.4%
13.2%
两年增速更快
MDU
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $522.6M | $828.2M |
| 净利润 | $76.3M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 20.5% | 29.9% |
| 净利率 | 14.6% | 13.2% |
| 营收同比 | -1.6% | 508.5% |
| 净利润同比 | 38.4% | 27.7% |
| 每股收益（稀释后） | $0.37 | $0.12 |
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MDURITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $522.6M | $1.5B | ||
| Q3 25 | $313.6M | $1.1B | ||
| Q2 25 | $348.7M | $1.2B | ||
| Q1 25 | $678.0M | $768.4M | ||
| Q4 24 | $531.0M | $2.1B | ||
| Q3 24 | $290.7M | $619.5M | ||
| Q2 24 | $343.1M | $1.2B |
净利润MDURITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $76.3M | $85.0M | ||
| Q3 25 | $18.3M | $221.5M | ||
| Q2 25 | $13.8M | $311.7M | ||
| Q1 25 | $82.0M | $78.8M | ||
| Q4 24 | $55.2M | $290.2M | ||
| Q3 24 | $64.6M | $121.7M | ||
| Q2 24 | $60.4M | $235.6M |
营业利润率MDURITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | 20.5% | 13.8% | ||
| Q3 25 | 12.7% | 21.4% | ||
| Q2 25 | 8.7% | 25.2% | ||
| Q1 25 | 16.6% | 7.4% | ||
| Q4 24 | 17.8% | 23.8% | ||
| Q3 24 | 12.0% | 7.3% | ||
| Q2 24 | 11.5% | 23.6% |
净利率MDURITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 14.6% | 5.7% | ||
| Q3 25 | 5.8% | 20.0% | ||
| Q2 25 | 4.0% | 25.6% | ||
| Q1 25 | 12.1% | 10.3% | ||
| Q4 24 | 10.4% | 14.0% | ||
| Q3 24 | 22.2% | 19.7% | ||
| Q2 24 | 17.6% | 19.2% |
每股收益（稀释后）MDURITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.37 | $0.09 | ||
| Q3 25 | $0.09 | $0.35 | ||
| Q2 25 | $0.07 | $0.53 | ||
| Q1 25 | $0.40 | $0.07 | ||
| Q4 24 | $0.26 | $0.50 | ||
| Q3 24 | $0.32 | $0.20 | ||
| Q2 24 | $0.30 | $0.43 |
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 | $28.2M | — |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $2.8B | $9.1B |
| 总资产 | $7.6B | $53.4B |
| 负债/权益比越低杠杆越低 | 0.97× | — |
8季度趋势，按日历期对齐
现金及短期投资MDURITM
| Q1 26 | — | — | ||
| Q4 25 | $28.2M | $1.8B | ||
| Q3 25 | $75.9M | $1.6B | ||
| Q2 25 | $58.8M | $1.6B | ||
| Q1 25 | $59.5M | $1.5B | ||
| Q4 24 | $66.9M | $1.5B | ||
| Q3 24 | $88.3M | $1.6B | ||
| Q2 24 | $78.8M | $1.2B |
总债务MDURITM
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $35.4B | ||
| Q3 25 | $2.4B | $32.2B | ||
| Q2 25 | $2.2B | $31.2B | ||
| Q1 25 | $2.2B | $32.2B | ||
| Q4 24 | $2.3B | $32.6B | ||
| Q3 24 | $2.3B | $29.6B | ||
| Q2 24 | $2.3B | $30.1B |
股东权益MDURITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $2.8B | $8.4B | ||
| Q3 25 | $2.7B | $8.5B | ||
| Q2 25 | $2.7B | $7.9B | ||
| Q1 25 | $2.7B | $7.8B | ||
| Q4 24 | $2.7B | $7.8B | ||
| Q3 24 | $3.1B | $7.7B | ||
| Q2 24 | $3.0B | $7.3B |
总资产MDURITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $7.6B | $53.1B | ||
| Q3 25 | $7.2B | $47.2B | ||
| Q2 25 | $6.9B | $44.3B | ||
| Q1 25 | $7.0B | $45.3B | ||
| Q4 24 | $7.0B | $46.0B | ||
| Q3 24 | $8.2B | $42.3B | ||
| Q2 24 | $8.0B | $42.0B |
负债/权益比MDURITM
| Q1 26 | — | — | ||
| Q4 25 | 0.97× | 4.20× | ||
| Q3 25 | 0.86× | 3.79× | ||
| Q2 25 | 0.80× | 3.92× | ||
| Q1 25 | 0.80× | 4.14× | ||
| Q4 24 | 0.85× | 4.18× | ||
| Q3 24 | 0.76× | 3.87× | ||
| Q2 24 | 0.75× | 4.10× |
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 | $80.6M | — |
| 自由现金流经营现金流 - 资本支出 | $-336.0M | — |
| 自由现金流率自由现金流/营收 | -64.3% | — |
| 资本支出强度资本支出/营收 | 79.7% | — |
| 现金转化率经营现金流/净利润 | 1.06× | — |
| 过去12个月自由现金流最近4个季度 | $-297.0M | — |
8季度趋势，按日历期对齐
经营现金流MDURITM
| Q1 26 | — | — | ||
| Q4 25 | $80.6M | $-114.6M | ||
| Q3 25 | $57.9M | $-2.0B | ||
| Q2 25 | $117.4M | $-557.1M | ||
| Q1 25 | $217.5M | $1.4B | ||
| Q4 24 | $60.5M | $-1.8B | ||
| Q3 24 | $140.2M | $768.1M | ||
| Q2 24 | $136.5M | $-55.7M |
自由现金流MDURITM
| Q1 26 | — | — | ||
| Q4 25 | $-336.0M | — | ||
| Q3 25 | $-121.9M | — | ||
| Q2 25 | $36.5M | — | ||
| Q1 25 | $124.4M | — | ||
| Q4 24 | $-95.8M | — | ||
| Q3 24 | $673.0K | — | ||
| Q2 24 | $26.5M | — |
自由现金流率MDURITM
| Q1 26 | — | — | ||
| Q4 25 | -64.3% | — | ||
| Q3 25 | -38.9% | — | ||
| Q2 25 | 10.5% | — | ||
| Q1 25 | 18.4% | — | ||
| Q4 24 | -18.0% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 7.7% | — |
资本支出强度MDURITM
| Q1 26 | — | — | ||
| Q4 25 | 79.7% | — | ||
| Q3 25 | 57.3% | — | ||
| Q2 25 | 23.2% | — | ||
| Q1 25 | 13.7% | — | ||
| Q4 24 | 29.4% | — | ||
| Q3 24 | 48.0% | — | ||
| Q2 24 | 32.0% | — |
现金转化率MDURITM
| Q1 26 | — | — | ||
| Q4 25 | 1.06× | -1.35× | ||
| Q3 25 | 3.16× | -9.22× | ||
| Q2 25 | 8.52× | -1.79× | ||
| Q1 25 | 2.65× | 18.03× | ||
| Q4 24 | 1.10× | -6.04× | ||
| Q3 24 | 2.17× | 6.31× | ||
| Q2 24 | 2.26× | -0.24× |
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
MDU
| Natural Gas Distribution | $382.8M | 73% |
| Commercial Utility Sales | $42.7M | 8% |
| Residential Utility Sales | $33.7M | 6% |
| Pipelineand Midstream | $31.1M | 6% |
| Natural Gas Transportation | $17.2M | 3% |
| Industrial Utility Sales | $10.1M | 2% |
| Natural Gas Storage | $6.4M | 1% |
| Other Utility Sales | $1.9M | 0% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
