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N-able, Inc.（NABL）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
N-able, Inc.的季度营收约是RMR GROUP INC.的2.0倍（$130.3M vs $66.7M），RMR GROUP INC.同比增速更快（40.8% vs 11.8%）
Able UK是一家英国工业服务企业，主打船舶与海上设施的退役拆解业务，深耕该领域多年，具备大型工业设施拆除作业的专业能力与丰富经验，在英国相关工业服务市场占据一席之地。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
NABL vs RMR — 直观对比
营收规模更大
NABL
是对方的2.0倍
$66.7M
营收增速更快
RMR
高出28.9%
11.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $130.3M | $66.7M |
| 净利润 | — | $12.2M |
| 毛利率 | 76.2% | — |
| 营业利润率 | 10.2% | 48.1% |
| 净利率 | — | 18.3% |
| 营收同比 | 11.8% | 40.8% |
| 净利润同比 | — | 91.1% |
| 每股收益（稀释后） | $-0.04 | $0.71 |
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NABLRMR
| Q4 25 | $130.3M | $66.7M | ||
| Q3 25 | $131.7M | — | ||
| Q2 25 | $131.2M | — | ||
| Q1 25 | $118.2M | — | ||
| Q4 24 | $116.5M | — | ||
| Q3 24 | $116.4M | — | ||
| Q2 24 | $119.4M | — | ||
| Q1 24 | $113.7M | — |
净利润NABLRMR
| Q4 25 | — | $12.2M | ||
| Q3 25 | $1.4M | — | ||
| Q2 25 | $-4.0M | — | ||
| Q1 25 | $-7.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $10.8M | — | ||
| Q2 24 | $9.5M | — | ||
| Q1 24 | $7.5M | — |
毛利率NABLRMR
| Q4 25 | 76.2% | — | ||
| Q3 25 | 77.5% | — | ||
| Q2 25 | 78.1% | — | ||
| Q1 25 | 76.6% | — | ||
| Q4 24 | 80.0% | — | ||
| Q3 24 | 82.9% | — | ||
| Q2 24 | 84.0% | — | ||
| Q1 24 | 83.9% | — |
营业利润率NABLRMR
| Q4 25 | 10.2% | 48.1% | ||
| Q3 25 | 8.8% | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 13.7% | — | ||
| Q3 24 | 20.5% | — | ||
| Q2 24 | 18.4% | — | ||
| Q1 24 | 18.0% | — |
净利率NABLRMR
| Q4 25 | — | 18.3% | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | -3.1% | — | ||
| Q1 25 | -6.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 7.9% | — | ||
| Q1 24 | 6.6% | — |
每股收益（稀释后）NABLRMR
| Q4 25 | $-0.04 | $0.71 | ||
| Q3 25 | $0.01 | — | ||
| Q2 25 | $-0.02 | — | ||
| Q1 25 | $-0.04 | — | ||
| Q4 24 | $0.01 | — | ||
| Q3 24 | $0.06 | — | ||
| Q2 24 | $0.05 | — | ||
| Q1 24 | $0.04 | — |
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 | $111.8M | $49.3M |
| 总债务越低越好 | $393.9M | — |
| 股东权益账面价值 | $804.7M | $232.7M |
| 总资产 | $1.4B | $687.1M |
| 负债/权益比越低杠杆越低 | 0.49× | — |
8季度趋势，按日历期对齐
现金及短期投资NABLRMR
| Q4 25 | $111.8M | $49.3M | ||
| Q3 25 | $101.4M | — | ||
| Q2 25 | $93.9M | — | ||
| Q1 25 | $94.1M | — | ||
| Q4 24 | $85.2M | — | ||
| Q3 24 | $174.4M | — | ||
| Q2 24 | $157.5M | — | ||
| Q1 24 | $139.2M | — |
总债务NABLRMR
| Q4 25 | $393.9M | — | ||
| Q3 25 | $331.7M | — | ||
| Q2 25 | $332.1M | — | ||
| Q1 25 | $332.6M | — | ||
| Q4 24 | $333.1M | — | ||
| Q3 24 | $333.6M | — | ||
| Q2 24 | $334.1M | — | ||
| Q1 24 | $334.5M | — |
股东权益NABLRMR
| Q4 25 | $804.7M | $232.7M | ||
| Q3 25 | $813.4M | — | ||
| Q2 25 | $809.4M | — | ||
| Q1 25 | $775.1M | — | ||
| Q4 24 | $759.3M | — | ||
| Q3 24 | $765.0M | — | ||
| Q2 24 | $724.4M | — | ||
| Q1 24 | $709.1M | — |
总资产NABLRMR
| Q4 25 | $1.4B | $687.1M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.1B | — |
负债/权益比NABLRMR
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.41× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.44× | — | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | 0.47× | — |
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 | $25.3M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | $20.9M | — |
| 自由现金流率自由现金流/营收 | 16.0% | — |
| 资本支出强度资本支出/营收 | 3.4% | — |
| 现金转化率经营现金流/净利润 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | $75.1M | — |
8季度趋势，按日历期对齐
经营现金流NABLRMR
| Q4 25 | $25.3M | $10.7M | ||
| Q3 25 | $24.0M | — | ||
| Q2 25 | $24.2M | — | ||
| Q1 25 | $19.7M | — | ||
| Q4 24 | $26.0M | — | ||
| Q3 24 | $22.0M | — | ||
| Q2 24 | $27.3M | — | ||
| Q1 24 | $4.2M | — |
自由现金流NABLRMR
| Q4 25 | $20.9M | — | ||
| Q3 25 | $17.4M | — | ||
| Q2 25 | $20.4M | — | ||
| Q1 25 | $16.4M | — | ||
| Q4 24 | $18.8M | — | ||
| Q3 24 | $18.2M | — | ||
| Q2 24 | $24.0M | — | ||
| Q1 24 | $746.0K | — |
自由现金流率NABLRMR
| Q4 25 | 16.0% | — | ||
| Q3 25 | 13.2% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 13.9% | — | ||
| Q4 24 | 16.2% | — | ||
| Q3 24 | 15.7% | — | ||
| Q2 24 | 20.1% | — | ||
| Q1 24 | 0.7% | — |
资本支出强度NABLRMR
| Q4 25 | 3.4% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 3.0% | — |
现金转化率NABLRMR
| Q4 25 | — | 0.88× | ||
| Q3 25 | 17.36× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.04× | — | ||
| Q2 24 | 2.89× | — | ||
| Q1 24 | 0.56× | — |
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
NABL
| Transferred Over Time | $121.9M | 94% |
| Transferred At Point In Time | $8.4M | 6% |
| Other Revenue | $1.3M | 1% |
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
