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MUELLER INDUSTRIES INC（MLI）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MUELLER INDUSTRIES INC的1.4倍（$1.3B vs $962.4M），MUELLER INDUSTRIES INC同比增速更快（4.2% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $121.4M），过去两年MUELLER INDUSTRIES INC的营收复合增速更高（6.4% vs -6.1%）
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
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。
MLI vs RHI — 直观对比
营收规模更大
RHI
是对方的1.4倍
$962.4M
营收增速更快
MLI
高出10.0%
-5.8%
自由现金流更多
RHI
多$49.4M
$121.4M
两年增速更快
MLI
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $962.4M | $1.3B |
| 净利润 | $153.7M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | 17.9% | 1.7% |
| 净利率 | 16.0% | — |
| 营收同比 | 4.2% | -5.8% |
| 净利润同比 | 11.7% | — |
| 每股收益（稀释后） | $1.37 | $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MLIRHI
| Q4 25 | $962.4M | $1.3B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $923.5M | $1.4B | ||
| Q3 24 | $997.8M | $1.5B | ||
| Q2 24 | $997.7M | $1.5B | ||
| Q1 24 | $849.7M | $1.5B |
净利润MLIRHI
| Q4 25 | $153.7M | — | ||
| Q3 25 | $208.1M | $42.9M | ||
| Q2 25 | $245.9M | $41.0M | ||
| Q1 25 | $157.4M | $17.4M | ||
| Q4 24 | $137.7M | — | ||
| Q3 24 | $168.7M | $65.5M | ||
| Q2 24 | $160.2M | $68.2M | ||
| Q1 24 | $138.4M | $63.7M |
毛利率MLIRHI
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 37.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | 27.6% | 39.0% | ||
| Q2 24 | 27.3% | 39.2% | ||
| Q1 24 | 28.4% | 38.1% |
营业利润率MLIRHI
| Q4 25 | 17.9% | 1.7% | ||
| Q3 25 | 25.6% | 1.0% | ||
| Q2 25 | 26.7% | 0.1% | ||
| Q1 25 | 20.6% | 2.9% | ||
| Q4 24 | 18.4% | 4.7% | ||
| Q3 24 | 20.7% | 4.1% | ||
| Q2 24 | 21.0% | 5.1% | ||
| Q1 24 | 21.6% | 2.8% |
净利率MLIRHI
| Q4 25 | 16.0% | — | ||
| Q3 25 | 19.3% | 3.2% | ||
| Q2 25 | 21.6% | 3.0% | ||
| Q1 25 | 15.7% | 1.3% | ||
| Q4 24 | 14.9% | — | ||
| Q3 24 | 16.9% | 4.5% | ||
| Q2 24 | 16.1% | 4.6% | ||
| Q1 24 | 16.3% | 4.3% |
每股收益（稀释后）MLIRHI
| Q4 25 | $1.37 | $0.32 | ||
| Q3 25 | $1.88 | $0.43 | ||
| Q2 25 | $2.22 | $0.41 | ||
| Q1 25 | $1.39 | $0.17 | ||
| Q4 24 | $1.21 | $0.53 | ||
| Q3 24 | $1.48 | $0.64 | ||
| Q2 24 | $1.41 | $0.66 | ||
| Q1 24 | $1.21 | $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 | $1.4B | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.2B | $1.3B |
| 总资产 | $3.7B | $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MLIRHI
| Q4 25 | $1.4B | $464.4M | ||
| Q3 25 | $1.3B | $365.3M | ||
| Q2 25 | $1.1B | $380.5M | ||
| Q1 25 | $873.6M | $342.5M | ||
| Q4 24 | $1.1B | $537.6M | ||
| Q3 24 | $969.6M | $570.5M | ||
| Q2 24 | $825.7M | $547.4M | ||
| Q1 24 | $1.4B | $540.9M |
股东权益MLIRHI
| Q4 25 | $3.2B | $1.3B | ||
| Q3 25 | $3.1B | $1.3B | ||
| Q2 25 | $2.9B | $1.3B | ||
| Q1 25 | $2.7B | $1.3B | ||
| Q4 24 | $2.8B | $1.4B | ||
| Q3 24 | $2.7B | $1.5B | ||
| Q2 24 | $2.5B | $1.5B | ||
| Q1 24 | $2.4B | $1.5B |
总资产MLIRHI
| Q4 25 | $3.7B | $2.9B | ||
| Q3 25 | $3.7B | $2.8B | ||
| Q2 25 | $3.5B | $2.8B | ||
| Q1 25 | $3.2B | $2.7B | ||
| Q4 24 | $3.3B | $2.9B | ||
| Q3 24 | $3.2B | $3.0B | ||
| Q2 24 | $3.1B | $2.9B | ||
| Q1 24 | $2.9B | $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 | $141.2M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $121.4M | $170.8M |
| 自由现金流率自由现金流/营收 | 12.6% | 13.1% |
| 资本支出强度资本支出/营收 | 2.1% | 0.9% |
| 现金转化率经营现金流/净利润 | 0.92× | — |
| 过去12个月自由现金流最近4个季度 | $686.6M | $266.8M |
8季度趋势，按日历期对齐
经营现金流MLIRHI
| Q4 25 | $141.2M | $182.5M | ||
| Q3 25 | $310.1M | $77.4M | ||
| Q2 25 | $190.6M | $119.4M | ||
| Q1 25 | $113.6M | $-59.3M | ||
| Q4 24 | $140.1M | $154.8M | ||
| Q3 24 | $231.4M | $129.6M | ||
| Q2 24 | $100.8M | $142.0M | ||
| Q1 24 | $173.6M | $-15.9M |
自由现金流MLIRHI
| Q4 25 | $121.4M | $170.8M | ||
| Q3 25 | $291.8M | $63.6M | ||
| Q2 25 | $176.5M | $104.2M | ||
| Q1 25 | $97.0M | $-71.7M | ||
| Q4 24 | $111.2M | $140.5M | ||
| Q3 24 | $205.7M | $111.8M | ||
| Q2 24 | $91.6M | $129.6M | ||
| Q1 24 | $157.2M | $-27.7M |
自由现金流率MLIRHI
| Q4 25 | 12.6% | 13.1% | ||
| Q3 25 | 27.1% | 4.7% | ||
| Q2 25 | 15.5% | 7.6% | ||
| Q1 25 | 9.7% | -5.3% | ||
| Q4 24 | 12.0% | 10.2% | ||
| Q3 24 | 20.6% | 7.6% | ||
| Q2 24 | 9.2% | 8.8% | ||
| Q1 24 | 18.5% | -1.9% |
资本支出强度MLIRHI
| Q4 25 | 2.1% | 0.9% | ||
| Q3 25 | 1.7% | 1.0% | ||
| Q2 25 | 1.2% | 1.1% | ||
| Q1 25 | 1.7% | 0.9% | ||
| Q4 24 | 3.1% | 1.0% | ||
| Q3 24 | 2.6% | 1.2% | ||
| Q2 24 | 0.9% | 0.8% | ||
| Q1 24 | 1.9% | 0.8% |
现金转化率MLIRHI
| Q4 25 | 0.92× | — | ||
| Q3 25 | 1.49× | 1.80× | ||
| Q2 25 | 0.78× | 2.91× | ||
| Q1 25 | 0.72× | -3.42× | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 1.37× | 1.98× | ||
| Q2 24 | 0.63× | 2.08× | ||
| Q1 24 | 1.25× | -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
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
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% |
