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巴诺书店（NE）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巴诺书店的1.7倍（$1.3B vs $764.4M），罗致恒富同比增速更快（-5.8% vs -17.6%），罗致恒富自由现金流更多（$170.8M vs $35.4M），过去两年巴诺书店的营收复合增速更高（9.5% vs -6.1%）
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
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。
NE vs RHI — 直观对比
营收规模更大
RHI
是对方的1.7倍
$764.4M
营收增速更快
RHI
高出11.8%
-17.6%
自由现金流更多
RHI
多$135.4M
$35.4M
两年增速更快
NE
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $764.4M | $1.3B |
| 净利润 | $86.6M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | 5.6% | 1.7% |
| 净利率 | 11.3% | — |
| 营收同比 | -17.6% | -5.8% |
| 净利润同比 | -10.4% | — |
| 每股收益（稀释后） | $0.54 | $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NERHI
| Q4 25 | $764.4M | $1.3B | ||
| Q3 25 | $798.0M | $1.4B | ||
| Q2 25 | $848.7M | $1.4B | ||
| Q1 25 | $874.5M | $1.4B | ||
| Q4 24 | $927.3M | $1.4B | ||
| Q3 24 | $800.5M | $1.5B | ||
| Q2 24 | $692.8M | $1.5B | ||
| Q1 24 | $637.1M | $1.5B |
净利润NERHI
| Q4 25 | $86.6M | — | ||
| Q3 25 | $-21.1M | $42.9M | ||
| Q2 25 | $42.9M | $41.0M | ||
| Q1 25 | $108.3M | $17.4M | ||
| Q4 24 | $96.6M | — | ||
| Q3 24 | $61.2M | $65.5M | ||
| Q2 24 | $195.0M | $68.2M | ||
| Q1 24 | $95.5M | $63.7M |
毛利率NERHI
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 37.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | — | 39.0% | ||
| Q2 24 | — | 39.2% | ||
| Q1 24 | — | 38.1% |
营业利润率NERHI
| Q4 25 | 5.6% | 1.7% | ||
| Q3 25 | 6.3% | 1.0% | ||
| Q2 25 | 15.9% | 0.1% | ||
| Q1 25 | 21.4% | 2.9% | ||
| Q4 24 | 18.4% | 4.7% | ||
| Q3 24 | 14.4% | 4.1% | ||
| Q2 24 | 30.3% | 5.1% | ||
| Q1 24 | 16.9% | 2.8% |
净利率NERHI
| Q4 25 | 11.3% | — | ||
| Q3 25 | -2.6% | 3.2% | ||
| Q2 25 | 5.1% | 3.0% | ||
| Q1 25 | 12.4% | 1.3% | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 7.6% | 4.5% | ||
| Q2 24 | 28.1% | 4.6% | ||
| Q1 24 | 15.0% | 4.3% |
每股收益（稀释后）NERHI
| Q4 25 | $0.54 | $0.32 | ||
| Q3 25 | $-0.13 | $0.43 | ||
| Q2 25 | $0.27 | $0.41 | ||
| Q1 25 | $0.67 | $0.17 | ||
| Q4 24 | $0.56 | $0.53 | ||
| Q3 24 | $0.40 | $0.64 | ||
| Q2 24 | $1.34 | $0.66 | ||
| Q1 24 | $0.66 | $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 | $471.4M | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.5B | $1.3B |
| 总资产 | $7.5B | $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NERHI
| Q4 25 | $471.4M | $464.4M | ||
| Q3 25 | $477.9M | $365.3M | ||
| Q2 25 | $338.2M | $380.5M | ||
| Q1 25 | $303.8M | $342.5M | ||
| Q4 24 | $247.3M | $537.6M | ||
| Q3 24 | $391.9M | $570.5M | ||
| Q2 24 | $162.9M | $547.4M | ||
| Q1 24 | $212.5M | $540.9M |
股东权益NERHI
| Q4 25 | $4.5B | $1.3B | ||
| Q3 25 | $4.5B | $1.3B | ||
| Q2 25 | $4.6B | $1.3B | ||
| Q1 25 | $4.7B | $1.3B | ||
| Q4 24 | $4.7B | $1.4B | ||
| Q3 24 | $4.7B | $1.5B | ||
| Q2 24 | $4.0B | $1.5B | ||
| Q1 24 | $3.9B | $1.5B |
总资产NERHI
| Q4 25 | $7.5B | $2.9B | ||
| Q3 25 | $7.6B | $2.8B | ||
| Q2 25 | $7.7B | $2.8B | ||
| Q1 25 | $7.9B | $2.7B | ||
| Q4 24 | $8.0B | $2.9B | ||
| Q3 24 | $8.0B | $3.0B | ||
| Q2 24 | $5.6B | $2.9B | ||
| Q1 24 | $5.4B | $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 | $187.1M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $35.4M | $170.8M |
| 自由现金流率自由现金流/营收 | 4.6% | 13.1% |
| 资本支出强度资本支出/营收 | 19.9% | 0.9% |
| 现金转化率经营现金流/净利润 | 2.16× | — |
| 过去12个月自由现金流最近4个季度 | $432.2M | $266.8M |
8季度趋势，按日历期对齐
经营现金流NERHI
| Q4 25 | $187.1M | $182.5M | ||
| Q3 25 | $277.1M | $77.4M | ||
| Q2 25 | $216.4M | $119.4M | ||
| Q1 25 | $271.1M | $-59.3M | ||
| Q4 24 | $136.2M | $154.8M | ||
| Q3 24 | $283.8M | $129.6M | ||
| Q2 24 | $106.8M | $142.0M | ||
| Q1 24 | $128.7M | $-15.9M |
自由现金流NERHI
| Q4 25 | $35.4M | $170.8M | ||
| Q3 25 | $139.5M | $63.6M | ||
| Q2 25 | $99.8M | $104.2M | ||
| Q1 25 | $157.5M | $-71.7M | ||
| Q4 24 | $-4.4M | $140.5M | ||
| Q3 24 | $156.8M | $111.8M | ||
| Q2 24 | $-34.3M | $129.6M | ||
| Q1 24 | $-37.9M | $-27.7M |
自由现金流率NERHI
| Q4 25 | 4.6% | 13.1% | ||
| Q3 25 | 17.5% | 4.7% | ||
| Q2 25 | 11.8% | 7.6% | ||
| Q1 25 | 18.0% | -5.3% | ||
| Q4 24 | -0.5% | 10.2% | ||
| Q3 24 | 19.6% | 7.6% | ||
| Q2 24 | -4.9% | 8.8% | ||
| Q1 24 | -6.0% | -1.9% |
资本支出强度NERHI
| Q4 25 | 19.9% | 0.9% | ||
| Q3 25 | 17.3% | 1.0% | ||
| Q2 25 | 13.7% | 1.1% | ||
| Q1 25 | 13.0% | 0.9% | ||
| Q4 24 | 15.2% | 1.0% | ||
| Q3 24 | 15.9% | 1.2% | ||
| Q2 24 | 20.4% | 0.8% | ||
| Q1 24 | 26.2% | 0.8% |
现金转化率NERHI
| Q4 25 | 2.16× | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | 5.05× | 2.91× | ||
| Q1 25 | 2.50× | -3.42× | ||
| Q4 24 | 1.41× | — | ||
| Q3 24 | 4.64× | 1.98× | ||
| Q2 24 | 0.55× | 2.08× | ||
| Q1 24 | 1.35× | -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
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
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% |
