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NACCO INDUSTRIES INC（NC）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
NACCO INDUSTRIES INC的季度营收约是RMR GROUP INC.的1.0倍（$66.8M vs $66.7M），RMR GROUP INC.净利率更高（18.3% vs -5.8%，领先24.0%），RMR GROUP INC.同比增速更快（40.8% vs -5.2%）
纳科工业是一家总部位于美国俄亥俄州克利夫兰的上市控股公司，核心业务聚焦采矿与自然资源领域，旗下划分煤炭开采、北美采矿、矿产管理三大业务板块。其中煤炭开采板块采用服务型商业模式，依据长期合约为发电企业及活性炭生产商运营露天煤矿。
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。
NC vs RMR — 直观对比
营收规模更大
NC
是对方的1.0倍
$66.7M
营收增速更快
RMR
高出45.9%
-5.2%
净利率更高
RMR
高出24.0%
-5.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $66.8M | $66.7M |
| 净利润 | $-3.8M | $12.2M |
| 毛利率 | 18.0% | — |
| 营业利润率 | 11.3% | 48.1% |
| 净利率 | -5.8% | 18.3% |
| 营收同比 | -5.2% | 40.8% |
| 净利润同比 | -150.8% | 91.1% |
| 每股收益（稀释后） | $-0.53 | $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NCRMR
| Q4 25 | $66.8M | $66.7M | ||
| Q3 25 | $76.6M | — | ||
| Q2 25 | $68.2M | — | ||
| Q1 25 | $65.6M | — | ||
| Q4 24 | $70.4M | — | ||
| Q3 24 | $61.7M | — | ||
| Q2 24 | $52.3M | — | ||
| Q1 24 | $53.3M | — |
净利润NCRMR
| Q4 25 | $-3.8M | $12.2M | ||
| Q3 25 | $13.3M | — | ||
| Q2 25 | $3.3M | — | ||
| Q1 25 | $4.9M | — | ||
| Q4 24 | $7.6M | — | ||
| Q3 24 | $15.6M | — | ||
| Q2 24 | $6.0M | — | ||
| Q1 24 | $4.6M | — |
毛利率NCRMR
| Q4 25 | 18.0% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 10.0% | — | ||
| Q1 25 | 14.7% | — | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 11.7% | — | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | 13.2% | — |
营业利润率NCRMR
| Q4 25 | 11.3% | 48.1% | ||
| Q3 25 | 8.8% | — | ||
| Q2 25 | -0.1% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 31.9% | — | ||
| Q2 24 | 14.1% | — | ||
| Q1 24 | 8.9% | — |
净利率NCRMR
| Q4 25 | -5.8% | 18.3% | ||
| Q3 25 | 17.3% | — | ||
| Q2 25 | 4.8% | — | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 25.4% | — | ||
| Q2 24 | 11.4% | — | ||
| Q1 24 | 8.6% | — |
每股收益（稀释后）NCRMR
| Q4 25 | $-0.53 | $0.71 | ||
| Q3 25 | $1.78 | — | ||
| Q2 25 | $0.44 | — | ||
| Q1 25 | $0.66 | — | ||
| Q4 24 | $0.99 | — | ||
| Q3 24 | $2.14 | — | ||
| Q2 24 | $0.81 | — | ||
| Q1 24 | $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 | $49.7M | $49.3M |
| 总债务越低越好 | $100.8M | — |
| 股东权益账面价值 | $429.2M | $232.7M |
| 总资产 | $661.2M | $687.1M |
| 负债/权益比越低杠杆越低 | 0.23× | — |
8季度趋势，按日历期对齐
现金及短期投资NCRMR
| Q4 25 | $49.7M | $49.3M | ||
| Q3 25 | $52.7M | — | ||
| Q2 25 | $49.4M | — | ||
| Q1 25 | $61.9M | — | ||
| Q4 24 | $72.8M | — | ||
| Q3 24 | $63.1M | — | ||
| Q2 24 | $62.4M | — | ||
| Q1 24 | $61.8M | — |
总债务NCRMR
| Q4 25 | $100.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $99.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $29.0M | — | ||
| Q1 24 | $28.4M | — |
股东权益NCRMR
| Q4 25 | $429.2M | $232.7M | ||
| Q3 25 | $426.4M | — | ||
| Q2 25 | $413.1M | — | ||
| Q1 25 | $409.1M | — | ||
| Q4 24 | $404.9M | — | ||
| Q3 24 | $397.3M | — | ||
| Q2 24 | $384.1M | — | ||
| Q1 24 | $381.6M | — |
总资产NCRMR
| Q4 25 | $661.2M | $687.1M | ||
| Q3 25 | $637.6M | — | ||
| Q2 25 | $631.3M | — | ||
| Q1 25 | $634.2M | — | ||
| Q4 24 | $631.7M | — | ||
| Q3 24 | $597.4M | — | ||
| Q2 24 | $560.1M | — | ||
| Q1 24 | $538.0M | — |
负债/权益比NCRMR
| Q4 25 | 0.23× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.25× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.08× | — | ||
| Q1 24 | 0.07× | — |
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 | $11.4M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流NCRMR
| Q4 25 | $11.4M | $10.7M | ||
| Q3 25 | $42.3M | — | ||
| Q2 25 | $-7.8M | — | ||
| Q1 25 | $5.0M | — | ||
| Q4 24 | $25.2M | — | ||
| Q3 24 | $2.8M | — | ||
| Q2 24 | $4.1M | — | ||
| Q1 24 | $-9.8M | — |
现金转化率NCRMR
| Q4 25 | — | 0.88× | ||
| Q3 25 | 3.19× | — | ||
| Q2 25 | -2.39× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 3.33× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.68× | — | ||
| Q1 24 | -2.14× | — |
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
NC
| Transferred Over Time | $42.7M | 64% |
| Transferred At Point In Time | $24.1M | 36% |
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% |
