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麦格劳希尔（MH）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
Rackspace Technology, Inc.的季度营收约是麦格劳希尔的1.6倍（$682.8M vs $434.2M），麦格劳希尔净利率更高（-4.7% vs -4.8%，领先0.1%），Rackspace Technology, Inc.同比增速更快（-0.4% vs -35.1%），麦格劳希尔自由现金流更多（$285.4M vs $56.0M）
麦格劳希尔是美国知名教育科技企业，面向K12、高等教育及职业领域的师生提供多元教育内容、软件与服务。核心产品包含教材、数字学习工具及自适应技术，助力优化学习体验、提升学习效果，是与霍顿米夫林哈考特、培生教育齐名的全球三大教育出版商之一。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
MH vs RXT — 直观对比
营收规模更大
RXT
是对方的1.6倍
$434.2M
营收增速更快
RXT
高出34.7%
-35.1%
净利率更高
MH
高出0.1%
-4.8%
自由现金流更多
MH
多$229.4M
$56.0M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $434.2M | $682.8M |
| 净利润 | $-20.2M | $-32.7M |
| 毛利率 | 85.3% | 17.6% |
| 营业利润率 | 7.0% | -0.5% |
| 净利率 | -4.7% | -4.8% |
| 营收同比 | -35.1% | -0.4% |
| 净利润同比 | -119.2% | 41.6% |
| 每股收益（稀释后） | $-0.11 | $-0.13 |
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MHRXT
| Q4 25 | $434.2M | $682.8M | ||
| Q3 25 | $669.2M | $671.2M | ||
| Q2 25 | $535.7M | $666.3M | ||
| Q1 25 | — | $665.4M | ||
| Q4 24 | — | $685.6M | ||
| Q3 24 | — | $675.8M | ||
| Q2 24 | — | $684.9M | ||
| Q1 24 | — | $690.8M |
净利润MHRXT
| Q4 25 | $-20.2M | $-32.7M | ||
| Q3 25 | $105.3M | $-67.1M | ||
| Q2 25 | $502.0K | $-54.5M | ||
| Q1 25 | — | $-71.5M | ||
| Q4 24 | — | $-56.0M | ||
| Q3 24 | — | $-186.6M | ||
| Q2 24 | — | $25.0M | ||
| Q1 24 | — | $-640.6M |
毛利率MHRXT
| Q4 25 | 85.3% | 17.6% | ||
| Q3 25 | 79.2% | 19.4% | ||
| Q2 25 | 77.0% | 19.4% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 20.3% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 19.2% |
营业利润率MHRXT
| Q4 25 | 7.0% | -0.5% | ||
| Q3 25 | 23.4% | -5.1% | ||
| Q2 25 | 18.0% | -3.8% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | -4.2% | ||
| Q3 24 | — | -25.7% | ||
| Q2 24 | — | -7.9% | ||
| Q1 24 | — | -94.5% |
净利率MHRXT
| Q4 25 | -4.7% | -4.8% | ||
| Q3 25 | 15.7% | -10.0% | ||
| Q2 25 | 0.1% | -8.2% | ||
| Q1 25 | — | -10.7% | ||
| Q4 24 | — | -8.2% | ||
| Q3 24 | — | -27.6% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | -92.7% |
每股收益（稀释后）MHRXT
| Q4 25 | $-0.11 | $-0.13 | ||
| Q3 25 | $0.57 | $-0.28 | ||
| Q2 25 | $0.00 | $-0.23 | ||
| Q1 25 | — | $-0.31 | ||
| Q4 24 | — | $-0.20 | ||
| Q3 24 | — | $-0.82 | ||
| Q2 24 | — | $0.11 | ||
| Q1 24 | — | $-2.91 |
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 | $514.4M | $105.8M |
| 总债务越低越好 | $2.6B | $2.7B |
| 股东权益账面价值 | $775.3M | $-1.2B |
| 总资产 | $5.6B | $2.8B |
| 负债/权益比越低杠杆越低 | 3.36× | — |
8季度趋势，按日历期对齐
现金及短期投资MHRXT
| Q4 25 | $514.4M | $105.8M | ||
| Q3 25 | $463.2M | $99.5M | ||
| Q2 25 | $247.3M | $103.9M | ||
| Q1 25 | — | $128.0M | ||
| Q4 24 | — | $144.0M | ||
| Q3 24 | — | $157.1M | ||
| Q2 24 | — | $190.2M | ||
| Q1 24 | — | $282.6M |
总债务MHRXT
| Q4 25 | $2.6B | $2.7B | ||
| Q3 25 | $2.8B | $2.8B | ||
| Q2 25 | $3.2B | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
股东权益MHRXT
| Q4 25 | $775.3M | $-1.2B | ||
| Q3 25 | $794.6M | $-1.2B | ||
| Q2 25 | $283.3M | $-1.1B | ||
| Q1 25 | — | $-1.1B | ||
| Q4 24 | — | $-1.0B | ||
| Q3 24 | — | $-949.7M | ||
| Q2 24 | — | $-756.2M | ||
| Q1 24 | — | $-787.2M |
总资产MHRXT
| Q4 25 | $5.6B | $2.8B | ||
| Q3 25 | $6.0B | $2.8B | ||
| Q2 25 | $5.7B | $2.9B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.5B |
负债/权益比MHRXT
| Q4 25 | 3.36× | — | ||
| Q3 25 | 3.52× | — | ||
| Q2 25 | 11.17× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $309.0M | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $285.4M | $56.0M |
| 自由现金流率自由现金流/营收 | 65.7% | 8.2% |
| 资本支出强度资本支出/营收 | 5.4% | 0.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $90.6M |
8季度趋势，按日历期对齐
经营现金流MHRXT
| Q4 25 | $309.0M | $59.7M | ||
| Q3 25 | $265.0M | $70.7M | ||
| Q2 25 | $-96.7M | $8.4M | ||
| Q1 25 | — | $12.6M | ||
| Q4 24 | — | $54.3M | ||
| Q3 24 | — | $51.8M | ||
| Q2 24 | — | $24.1M | ||
| Q1 24 | — | $-90.3M |
自由现金流MHRXT
| Q4 25 | $285.4M | $56.0M | ||
| Q3 25 | $243.8M | $42.7M | ||
| Q2 25 | $-112.9M | $-12.4M | ||
| Q1 25 | — | $4.3M | ||
| Q4 24 | — | $34.4M | ||
| Q3 24 | — | $27.3M | ||
| Q2 24 | — | $-14.5M | ||
| Q1 24 | — | $-118.4M |
自由现金流率MHRXT
| Q4 25 | 65.7% | 8.2% | ||
| Q3 25 | 36.4% | 6.4% | ||
| Q2 25 | -21.1% | -1.9% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | -2.1% | ||
| Q1 24 | — | -17.1% |
资本支出强度MHRXT
| Q4 25 | 5.4% | 0.5% | ||
| Q3 25 | 3.2% | 4.2% | ||
| Q2 25 | 3.0% | 3.1% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 5.6% | ||
| Q1 24 | — | 4.1% |
现金转化率MHRXT
| Q4 25 | — | — | ||
| Q3 25 | 2.52× | — | ||
| Q2 25 | -192.53× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.96× | ||
| Q1 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
MH
| Higher Education | $225.4M | 52% |
| Digital | $103.5M | 24% |
| Other | $44.4M | 10% |
| Global Professional | $36.2M | 8% |
| $24.7M | 6% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
