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NATURAL ALTERNATIVES INTERNATIONAL INC（NAII）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
RMR GROUP INC.的季度营收约是NATURAL ALTERNATIVES INTERNATIONAL INC的1.9倍（$66.7M vs $34.8M），RMR GROUP INC.净利率更高（18.3% vs -7.3%，领先25.6%），RMR GROUP INC.同比增速更快（40.8% vs 2.1%）
天然替代品国际公司（NAI）是一家总部位于美国加利福尼亚州卡尔斯巴德的企业，主打营养补充剂生产，知名产品包括Juice Plus。公司由马克·A·勒杜创立于1980年，生产基地分布在美国加利福尼亚州维斯塔、瑞士与日本，在营养补充剂代工生产领域拥有多年经验。
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。
NAII vs RMR — 直观对比
营收规模更大
RMR
是对方的1.9倍
$34.8M
营收增速更快
RMR
高出38.7%
2.1%
净利率更高
RMR
高出25.6%
-7.3%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $34.8M | $66.7M |
| 净利润 | $-2.6M | $12.2M |
| 毛利率 | 7.2% | — |
| 营业利润率 | -5.3% | 48.1% |
| 净利率 | -7.3% | 18.3% |
| 营收同比 | 2.1% | 40.8% |
| 净利润同比 | -16.5% | 91.1% |
| 每股收益（稀释后） | $-0.42 | $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NAIIRMR
| Q4 25 | $34.8M | $66.7M | ||
| Q3 25 | $37.7M | — | ||
| Q2 25 | $33.9M | — | ||
| Q1 25 | $28.8M | — | ||
| Q4 24 | $34.1M | — | ||
| Q3 24 | $33.1M | — | ||
| Q2 24 | $29.5M | — | ||
| Q1 24 | $25.1M | — |
净利润NAIIRMR
| Q4 25 | $-2.6M | $12.2M | ||
| Q3 25 | $-291.0K | — | ||
| Q2 25 | $-7.2M | — | ||
| Q1 25 | $-2.2M | — | ||
| Q4 24 | $-2.2M | — | ||
| Q3 24 | $-2.0M | — | ||
| Q2 24 | $-1.9M | — | ||
| Q1 24 | $-1.6M | — |
毛利率NAIIRMR
| Q4 25 | 7.2% | — | ||
| Q3 25 | 11.7% | — | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | 6.3% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 4.8% | — | ||
| Q1 24 | 7.6% | — |
营业利润率NAIIRMR
| Q4 25 | -5.3% | 48.1% | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | -5.7% | — | ||
| Q1 25 | -7.3% | — | ||
| Q4 24 | -8.2% | — | ||
| Q3 24 | -5.5% | — | ||
| Q2 24 | -8.6% | — | ||
| Q1 24 | -7.8% | — |
净利率NAIIRMR
| Q4 25 | -7.3% | 18.3% | ||
| Q3 25 | -0.8% | — | ||
| Q2 25 | -21.3% | — | ||
| Q1 25 | -7.6% | — | ||
| Q4 24 | -6.4% | — | ||
| Q3 24 | -6.0% | — | ||
| Q2 24 | -6.4% | — | ||
| Q1 24 | -6.3% | — |
每股收益（稀释后）NAIIRMR
| Q4 25 | $-0.42 | $0.71 | ||
| Q3 25 | $-0.05 | — | ||
| Q2 25 | $-1.21 | — | ||
| Q1 25 | $-0.37 | — | ||
| Q4 24 | $-0.37 | — | ||
| Q3 24 | $-0.33 | — | ||
| Q2 24 | $-0.32 | — | ||
| Q1 24 | $-0.27 | — |
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 | $3.8M | $49.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $67.0M | $232.7M |
| 总资产 | $153.3M | $687.1M |
| 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NAIIRMR
| Q4 25 | $3.8M | $49.3M | ||
| Q3 25 | $7.7M | — | ||
| Q2 25 | $12.3M | — | ||
| Q1 25 | $10.6M | — | ||
| Q4 24 | $8.7M | — | ||
| Q3 24 | $10.2M | — | ||
| Q2 24 | $12.0M | — | ||
| Q1 24 | $12.4M | — |
股东权益NAIIRMR
| Q4 25 | $67.0M | $232.7M | ||
| Q3 25 | $69.0M | — | ||
| Q2 25 | $68.4M | — | ||
| Q1 25 | $76.6M | — | ||
| Q4 24 | $79.1M | — | ||
| Q3 24 | $80.2M | — | ||
| Q2 24 | $82.6M | — | ||
| Q1 24 | $84.1M | — |
总资产NAIIRMR
| Q4 25 | $153.3M | $687.1M | ||
| Q3 25 | $156.9M | — | ||
| Q2 25 | $151.9M | — | ||
| Q1 25 | $154.9M | — | ||
| Q4 24 | $156.1M | — | ||
| Q3 24 | $161.3M | — | ||
| Q2 24 | $162.3M | — | ||
| Q1 24 | $153.2M | — |
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 | $-6.3M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | — |
| 自由现金流率自由现金流/营收 | -20.9% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 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 | $-5.2M | — |
8季度趋势，按日历期对齐
经营现金流NAIIRMR
| Q4 25 | $-6.3M | $10.7M | ||
| Q3 25 | $-4.0M | — | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $6.0M | — | ||
| Q4 24 | $37.0K | — | ||
| Q3 24 | $-3.4M | — | ||
| Q2 24 | $-2.7M | — | ||
| Q1 24 | $-3.6M | — |
自由现金流NAIIRMR
| Q4 25 | $-7.3M | — | ||
| Q3 25 | $-5.1M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $5.2M | — | ||
| Q4 24 | $-1.0M | — | ||
| Q3 24 | $-3.7M | — | ||
| Q2 24 | $-3.8M | — | ||
| Q1 24 | $-3.9M | — |
自由现金流率NAIIRMR
| Q4 25 | -20.9% | — | ||
| Q3 25 | -13.4% | — | ||
| Q2 25 | 5.6% | — | ||
| Q1 25 | 18.0% | — | ||
| Q4 24 | -3.0% | — | ||
| Q3 24 | -11.3% | — | ||
| Q2 24 | -12.7% | — | ||
| Q1 24 | -15.5% | — |
资本支出强度NAIIRMR
| Q4 25 | 2.7% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 1.1% | — |
现金转化率NAIIRMR
| Q4 25 | — | 0.88× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
NAII
| Private Label Contract Manufacturing | $32.8M | 94% |
| Patent And Trademark Licensing | $2.0M | 6% |
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% |
