vs
巴诺书店（NE）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是巴诺书店的1.1倍（$828.2M vs $764.4M），Rithm Capital Corp.净利率更高（13.2% vs 11.3%，领先1.9%），巴诺书店同比增速更快（-17.6% vs -40.0%），过去两年巴诺书店的营收复合增速更高（9.5% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
NE vs RITM — 直观对比
营收规模更大
RITM
是对方的1.1倍
$764.4M
营收增速更快
NE
高出22.4%
-40.0%
净利率更高
RITM
高出1.9%
11.3%
两年增速更快
NE
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $764.4M | $828.2M |
| 净利润 | $86.6M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 5.6% | — |
| 净利率 | 11.3% | 13.2% |
| 营收同比 | -17.6% | -40.0% |
| 净利润同比 | -10.4% | 20.9% |
| 每股收益（稀释后） | $0.54 | $0.12 |
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NERITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $764.4M | $1.5B | ||
| Q3 25 | $798.0M | $1.1B | ||
| Q2 25 | $848.7M | $1.2B | ||
| Q1 25 | $874.5M | $768.4M | ||
| Q4 24 | $927.3M | $2.1B | ||
| Q3 24 | $800.5M | $619.5M | ||
| Q2 24 | $692.8M | $1.2B |
净利润NERITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $86.6M | $85.0M | ||
| Q3 25 | $-21.1M | $221.5M | ||
| Q2 25 | $42.9M | $311.7M | ||
| Q1 25 | $108.3M | $78.8M | ||
| Q4 24 | $96.6M | $290.2M | ||
| Q3 24 | $61.2M | $121.7M | ||
| Q2 24 | $195.0M | $235.6M |
营业利润率NERITM
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 13.8% | ||
| Q3 25 | 6.3% | 21.4% | ||
| Q2 25 | 15.9% | 25.2% | ||
| Q1 25 | 21.4% | 7.4% | ||
| Q4 24 | 18.4% | 23.8% | ||
| Q3 24 | 14.4% | 7.3% | ||
| Q2 24 | 30.3% | 23.6% |
净利率NERITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 11.3% | 5.7% | ||
| Q3 25 | -2.6% | 20.0% | ||
| Q2 25 | 5.1% | 25.6% | ||
| Q1 25 | 12.4% | 10.3% | ||
| Q4 24 | 10.4% | 14.0% | ||
| Q3 24 | 7.6% | 19.7% | ||
| Q2 24 | 28.1% | 19.2% |
每股收益（稀释后）NERITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.54 | $0.09 | ||
| Q3 25 | $-0.13 | $0.35 | ||
| Q2 25 | $0.27 | $0.53 | ||
| Q1 25 | $0.67 | $0.07 | ||
| Q4 24 | $0.56 | $0.50 | ||
| Q3 24 | $0.40 | $0.20 | ||
| Q2 24 | $1.34 | $0.43 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.5B | $9.1B |
| 总资产 | $7.5B | $53.4B |
| 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NERITM
| Q1 26 | — | — | ||
| Q4 25 | $471.4M | $1.8B | ||
| Q3 25 | $477.9M | $1.6B | ||
| Q2 25 | $338.2M | $1.6B | ||
| Q1 25 | $303.8M | $1.5B | ||
| Q4 24 | $247.3M | $1.5B | ||
| Q3 24 | $391.9M | $1.6B | ||
| Q2 24 | $162.9M | $1.2B |
总债务NERITM
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益NERITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $4.5B | $8.4B | ||
| Q3 25 | $4.5B | $8.5B | ||
| Q2 25 | $4.6B | $7.9B | ||
| Q1 25 | $4.7B | $7.8B | ||
| Q4 24 | $4.7B | $7.8B | ||
| Q3 24 | $4.7B | $7.7B | ||
| Q2 24 | $4.0B | $7.3B |
总资产NERITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $7.5B | $53.1B | ||
| Q3 25 | $7.6B | $47.2B | ||
| Q2 25 | $7.7B | $44.3B | ||
| Q1 25 | $7.9B | $45.3B | ||
| Q4 24 | $8.0B | $46.0B | ||
| Q3 24 | $8.0B | $42.3B | ||
| Q2 24 | $5.6B | $42.0B |
负债/权益比NERITM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $35.4M | — |
| 自由现金流率自由现金流/营收 | 4.6% | — |
| 资本支出强度资本支出/营收 | 19.9% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流NERITM
| Q1 26 | — | — | ||
| Q4 25 | $187.1M | $-114.6M | ||
| Q3 25 | $277.1M | $-2.0B | ||
| Q2 25 | $216.4M | $-557.1M | ||
| Q1 25 | $271.1M | $1.4B | ||
| Q4 24 | $136.2M | $-1.8B | ||
| Q3 24 | $283.8M | $768.1M | ||
| Q2 24 | $106.8M | $-55.7M |
自由现金流NERITM
| Q1 26 | — | — | ||
| Q4 25 | $35.4M | — | ||
| Q3 25 | $139.5M | — | ||
| Q2 25 | $99.8M | — | ||
| Q1 25 | $157.5M | — | ||
| Q4 24 | $-4.4M | — | ||
| Q3 24 | $156.8M | — | ||
| Q2 24 | $-34.3M | — |
自由现金流率NERITM
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 11.8% | — | ||
| Q1 25 | 18.0% | — | ||
| Q4 24 | -0.5% | — | ||
| Q3 24 | 19.6% | — | ||
| Q2 24 | -4.9% | — |
资本支出强度NERITM
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | — | ||
| Q3 25 | 17.3% | — | ||
| Q2 25 | 13.7% | — | ||
| Q1 25 | 13.0% | — | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 15.9% | — | ||
| Q2 24 | 20.4% | — |
现金转化率NERITM
| Q1 26 | — | — | ||
| Q4 25 | 2.16× | -1.35× | ||
| Q3 25 | — | -9.22× | ||
| Q2 25 | 5.05× | -1.79× | ||
| Q1 25 | 2.50× | 18.03× | ||
| Q4 24 | 1.41× | -6.04× | ||
| Q3 24 | 4.64× | 6.31× | ||
| Q2 24 | 0.55× | -0.24× |
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
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
