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M/I HOMES, INC.（MHO）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
M/I HOMES, INC.的季度营收约是Rackspace Technology, Inc.的1.7倍（$1.1B vs $682.8M），M/I HOMES, INC.净利率更高（5.6% vs -4.8%，领先10.4%），Rackspace Technology, Inc.同比增速更快（-0.4% vs -4.8%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $-13.0M），过去两年M/I HOMES, INC.的营收复合增速更高（4.7% vs -0.6%）
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。
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。
MHO vs RXT — 直观对比
营收规模更大
MHO
是对方的1.7倍
$682.8M
营收增速更快
RXT
高出4.4%
-4.8%
净利率更高
MHO
高出10.4%
-4.8%
自由现金流更多
RXT
多$69.0M
$-13.0M
两年增速更快
MHO
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $682.8M |
| 净利润 | $64.0M | $-32.7M |
| 毛利率 | 17.4% | 17.6% |
| 营业利润率 | 6.5% | -0.5% |
| 净利率 | 5.6% | -4.8% |
| 营收同比 | -4.8% | -0.4% |
| 净利润同比 | -52.1% | 41.6% |
| 每股收益（稀释后） | $2.42 | $-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MHORXT
| Q4 25 | $1.1B | $682.8M | ||
| Q3 25 | $1.1B | $671.2M | ||
| Q2 25 | $1.2B | $666.3M | ||
| Q1 25 | $976.1M | $665.4M | ||
| Q4 24 | $1.2B | $685.6M | ||
| Q3 24 | $1.1B | $675.8M | ||
| Q2 24 | $1.1B | $684.9M | ||
| Q1 24 | $1.0B | $690.8M |
净利润MHORXT
| Q4 25 | $64.0M | $-32.7M | ||
| Q3 25 | $106.5M | $-67.1M | ||
| Q2 25 | $121.2M | $-54.5M | ||
| Q1 25 | $111.2M | $-71.5M | ||
| Q4 24 | $133.5M | $-56.0M | ||
| Q3 24 | $145.4M | $-186.6M | ||
| Q2 24 | $146.7M | $25.0M | ||
| Q1 24 | $138.1M | $-640.6M |
毛利率MHORXT
| Q4 25 | 17.4% | 17.6% | ||
| Q3 25 | 24.5% | 19.4% | ||
| Q2 25 | 24.7% | 19.4% | ||
| Q1 25 | 25.9% | 19.1% | ||
| Q4 24 | 24.6% | 19.2% | ||
| Q3 24 | 27.1% | 20.3% | ||
| Q2 24 | 27.9% | 19.2% | ||
| Q1 24 | 27.1% | 19.2% |
营业利润率MHORXT
| Q4 25 | 6.5% | -0.5% | ||
| Q3 25 | 12.0% | -5.1% | ||
| Q2 25 | 13.4% | -3.8% | ||
| Q1 25 | 14.4% | -5.8% | ||
| Q4 24 | 13.6% | -4.2% | ||
| Q3 24 | 15.9% | -25.7% | ||
| Q2 24 | 16.8% | -7.9% | ||
| Q1 24 | 16.6% | -94.5% |
净利率MHORXT
| Q4 25 | 5.6% | -4.8% | ||
| Q3 25 | 9.4% | -10.0% | ||
| Q2 25 | 10.4% | -8.2% | ||
| Q1 25 | 11.4% | -10.7% | ||
| Q4 24 | 11.1% | -8.2% | ||
| Q3 24 | 12.7% | -27.6% | ||
| Q2 24 | 13.2% | 3.7% | ||
| Q1 24 | 13.2% | -92.7% |
每股收益（稀释后）MHORXT
| Q4 25 | $2.42 | $-0.13 | ||
| Q3 25 | $3.92 | $-0.28 | ||
| Q2 25 | $4.42 | $-0.23 | ||
| Q1 25 | $3.98 | $-0.31 | ||
| Q4 24 | $4.71 | $-0.20 | ||
| Q3 24 | $5.10 | $-0.82 | ||
| Q2 24 | $5.12 | $0.11 | ||
| Q1 24 | $4.78 | $-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 | — | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $3.2B | $-1.2B |
| 总资产 | $4.8B | $2.8B |
| 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MHORXT
| Q4 25 | — | $105.8M | ||
| Q3 25 | — | $99.5M | ||
| Q2 25 | — | $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MHORXT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $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MHORXT
| Q4 25 | $3.2B | $-1.2B | ||
| Q3 25 | $3.1B | $-1.2B | ||
| Q2 25 | $3.1B | $-1.1B | ||
| Q1 25 | $3.0B | $-1.1B | ||
| Q4 24 | $2.9B | $-1.0B | ||
| Q3 24 | $2.8B | $-949.7M | ||
| Q2 24 | $2.7B | $-756.2M | ||
| Q1 24 | $2.6B | $-787.2M |
总资产MHORXT
| Q4 25 | $4.8B | $2.8B | ||
| Q3 25 | $4.8B | $2.8B | ||
| Q2 25 | $4.7B | $2.9B | ||
| Q1 25 | $4.6B | $3.0B | ||
| Q4 24 | $4.5B | $3.1B | ||
| Q3 24 | $4.5B | $3.1B | ||
| Q2 24 | $4.3B | $3.4B | ||
| Q1 24 | $4.2B | $3.5B |
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 | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $-13.0M | $56.0M |
| 自由现金流率自由现金流/营收 | -1.1% | 8.2% |
| 资本支出强度资本支出/营收 | 0.4% | 0.5% |
| 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 | $90.6M |
8季度趋势，按日历期对齐
经营现金流MHORXT
| Q4 25 | $-8.7M | $59.7M | ||
| Q3 25 | $43.4M | $70.7M | ||
| Q2 25 | $37.8M | $8.4M | ||
| Q1 25 | $64.9M | $12.6M | ||
| Q4 24 | $104.4M | $54.3M | ||
| Q3 24 | $-67.9M | $51.8M | ||
| Q2 24 | $27.5M | $24.1M | ||
| Q1 24 | $115.8M | $-90.3M |
自由现金流MHORXT
| Q4 25 | $-13.0M | $56.0M | ||
| Q3 25 | $42.0M | $42.7M | ||
| Q2 25 | $35.1M | $-12.4M | ||
| Q1 25 | $63.5M | $4.3M | ||
| Q4 24 | $102.3M | $34.4M | ||
| Q3 24 | $-68.5M | $27.3M | ||
| Q2 24 | $22.0M | $-14.5M | ||
| Q1 24 | $115.5M | $-118.4M |
自由现金流率MHORXT
| Q4 25 | -1.1% | 8.2% | ||
| Q3 25 | 3.7% | 6.4% | ||
| Q2 25 | 3.0% | -1.9% | ||
| Q1 25 | 6.5% | 0.6% | ||
| Q4 24 | 8.5% | 5.0% | ||
| Q3 24 | -6.0% | 4.0% | ||
| Q2 24 | 2.0% | -2.1% | ||
| Q1 24 | 11.0% | -17.1% |
资本支出强度MHORXT
| Q4 25 | 0.4% | 0.5% | ||
| Q3 25 | 0.1% | 4.2% | ||
| Q2 25 | 0.2% | 3.1% | ||
| Q1 25 | 0.1% | 1.2% | ||
| Q4 24 | 0.2% | 2.9% | ||
| Q3 24 | 0.1% | 3.6% | ||
| Q2 24 | 0.5% | 5.6% | ||
| Q1 24 | 0.0% | 4.1% |
现金转化率MHORXT
| Q4 25 | -0.14× | — | ||
| Q3 25 | 0.41× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | -0.47× | — | ||
| Q2 24 | 0.19× | 0.96× | ||
| Q1 24 | 0.84× | — |
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
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
