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NELNET INC（NNI）与REGIS CORP（RGS）财务数据对比。点击上方公司名可切换其他公司
REGIS CORP的季度营收约是NELNET INC的1.7倍（$57.1M vs $33.5M），NELNET INC净利率更高（172.3% vs 0.8%，领先171.5%），NELNET INC同比增速更快（79.6% vs 22.3%），NELNET INC自由现金流更多（$396.7M vs $891.0K），过去两年NELNET INC的营收复合增速更高（62.0% vs 7.8%）
Nelnet（耐尔奈特）是总部位于美国内布拉斯加州林肯市的综合性企业集团，核心业务涵盖金融服务领域，主营学生贷款、消费贷款的发放与服务，同时设有投资板块与互联网银行，还持有有线电视及网络服务商Allo Fiber 26%的股权。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
NNI vs RGS — 直观对比
营收规模更大
RGS
是对方的1.7倍
$33.5M
营收增速更快
NNI
高出57.4%
22.3%
净利率更高
NNI
高出171.5%
0.8%
自由现金流更多
NNI
多$395.9M
$891.0K
两年增速更快
NNI
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $33.5M | $57.1M |
| 净利润 | $57.8M | $456.0K |
| 毛利率 | 50.5% | — |
| 营业利润率 | — | 10.8% |
| 净利率 | 172.3% | 0.8% |
| 营收同比 | 79.6% | 22.3% |
| 净利润同比 | -8.5% | -94.0% |
| 每股收益（稀释后） | $1.62 | $0.16 |
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NNIRGS
| Q4 25 | $33.5M | $57.1M | ||
| Q3 25 | $23.2M | $59.0M | ||
| Q2 25 | $26.1M | $60.4M | ||
| Q1 25 | $24.7M | $57.0M | ||
| Q4 24 | $18.7M | $46.7M | ||
| Q3 24 | $16.6M | $46.1M | ||
| Q2 24 | $14.9M | $49.4M | ||
| Q1 24 | $12.8M | $49.2M |
净利润NNIRGS
| Q4 25 | $57.8M | $456.0K | ||
| Q3 25 | $106.7M | $1.4M | ||
| Q2 25 | $181.5M | $116.5M | ||
| Q1 25 | $82.6M | $250.0K | ||
| Q4 24 | $63.2M | $7.6M | ||
| Q3 24 | $2.4M | $-853.0K | ||
| Q2 24 | $45.1M | $91.2M | ||
| Q1 24 | $73.4M | $-2.3M |
毛利率NNIRGS
| Q4 25 | 50.5% | — | ||
| Q3 25 | 29.6% | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | 30.5% | — | ||
| Q4 24 | 13.7% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 27.3% | — | ||
| Q1 24 | 15.3% | — |
营业利润率NNIRGS
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | 10.0% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | 97.7% | 11.8% | ||
| Q3 24 | -13.4% | 4.6% | ||
| Q2 24 | 88.0% | — | ||
| Q1 24 | — | 8.3% |
净利率NNIRGS
| Q4 25 | 172.3% | 0.8% | ||
| Q3 25 | 460.5% | 2.3% | ||
| Q2 25 | 694.9% | 192.9% | ||
| Q1 25 | 334.4% | 0.4% | ||
| Q4 24 | 338.2% | 16.4% | ||
| Q3 24 | 14.4% | -1.9% | ||
| Q2 24 | 303.6% | 184.7% | ||
| Q1 24 | 574.4% | -4.7% |
每股收益（稀释后）NNIRGS
| Q4 25 | $1.62 | $0.16 | ||
| Q3 25 | $2.94 | $0.49 | ||
| Q2 25 | $4.97 | $43.67 | ||
| Q1 25 | $2.26 | $0.08 | ||
| Q4 24 | $1.74 | $2.71 | ||
| Q3 24 | $0.07 | $-0.36 | ||
| Q2 24 | $1.23 | $38.40 | ||
| Q1 24 | $1.98 | $-1.00 |
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 | $296.0M | $18.4M |
| 总债务越低越好 | $7.8B | $113.3M |
| 股东权益账面价值 | $3.7B | $188.7M |
| 总资产 | $14.1B | $588.3M |
| 负债/权益比越低杠杆越低 | 2.11× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资NNIRGS
| Q4 25 | $296.0M | $18.4M | ||
| Q3 25 | $216.4M | $16.6M | ||
| Q2 25 | $225.8M | $17.0M | ||
| Q1 25 | $220.5M | $13.3M | ||
| Q4 24 | $194.5M | $10.2M | ||
| Q3 24 | $219.7M | $6.3M | ||
| Q2 24 | $145.5M | $10.1M | ||
| Q1 24 | $179.7M | $5.9M |
总债务NNIRGS
| Q4 25 | $7.8B | $113.3M | ||
| Q3 25 | $7.8B | $111.3M | ||
| Q2 25 | $7.9B | $110.8M | ||
| Q1 25 | $8.7B | $112.0M | ||
| Q4 24 | $8.3B | $111.5M | ||
| Q3 24 | $8.9B | $95.2M | ||
| Q2 24 | $9.6B | $99.5M | ||
| Q1 24 | $10.6B | $179.7M |
股东权益NNIRGS
| Q4 25 | $3.7B | $188.7M | ||
| Q3 25 | $3.7B | $187.6M | ||
| Q2 25 | $3.6B | $185.6M | ||
| Q1 25 | $3.4B | $68.6M | ||
| Q4 24 | $3.3B | $66.7M | ||
| Q3 24 | $3.3B | $56.4M | ||
| Q2 24 | $3.3B | $56.8M | ||
| Q1 24 | $3.3B | $-35.8M |
总资产NNIRGS
| Q4 25 | $14.1B | $588.3M | ||
| Q3 25 | $13.9B | $592.1M | ||
| Q2 25 | $13.7B | $599.0M | ||
| Q1 25 | $14.2B | $511.2M | ||
| Q4 24 | $13.8B | $530.1M | ||
| Q3 24 | $14.1B | $508.9M | ||
| Q2 24 | $14.5B | $530.5M | ||
| Q1 24 | $15.4B | $543.7M |
负债/权益比NNIRGS
| Q4 25 | 2.11× | 0.60× | ||
| Q3 25 | 2.14× | 0.59× | ||
| Q2 25 | 2.21× | 0.60× | ||
| Q1 25 | 2.53× | 1.63× | ||
| Q4 24 | 2.48× | 1.67× | ||
| Q3 24 | 2.72× | 1.69× | ||
| Q2 24 | 2.90× | 1.75× | ||
| Q1 24 | 3.20× | — |
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 | $423.0M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $396.7M | $891.0K |
| 自由现金流率自由现金流/营收 | 1183.0% | 1.6% |
| 资本支出强度资本支出/营收 | 78.2% | 1.4% |
| 现金转化率经营现金流/净利润 | 7.32× | 3.65× |
| 过去12个月自由现金流最近4个季度 | $663.4M | $14.9M |
8季度趋势，按日历期对齐
经营现金流NNIRGS
| Q4 25 | $423.0M | $1.7M | ||
| Q3 25 | $112.4M | $2.3M | ||
| Q2 25 | $81.8M | $6.8M | ||
| Q1 25 | $91.2M | $6.2M | ||
| Q4 24 | $662.9M | $2.1M | ||
| Q3 24 | $137.0M | $-1.3M | ||
| Q2 24 | $133.8M | $5.1M | ||
| Q1 24 | $211.6M | $-277.0K |
自由现金流NNIRGS
| Q4 25 | $396.7M | $891.0K | ||
| Q3 25 | $100.8M | $1.9M | ||
| Q2 25 | $78.1M | $6.2M | ||
| Q1 25 | $87.8M | $5.9M | ||
| Q4 24 | $642.0M | $1.7M | ||
| Q3 24 | $132.6M | $-1.4M | ||
| Q2 24 | $123.1M | $5.1M | ||
| Q1 24 | $188.3M | $-326.0K |
自由现金流率NNIRGS
| Q4 25 | 1183.0% | 1.6% | ||
| Q3 25 | 435.0% | 3.2% | ||
| Q2 25 | 299.0% | 10.3% | ||
| Q1 25 | 355.6% | 10.3% | ||
| Q4 24 | 3438.0% | 3.6% | ||
| Q3 24 | 797.9% | -3.0% | ||
| Q2 24 | 829.2% | 10.3% | ||
| Q1 24 | 1473.7% | -0.7% |
资本支出强度NNIRGS
| Q4 25 | 78.2% | 1.4% | ||
| Q3 25 | 50.4% | 0.7% | ||
| Q2 25 | 14.2% | 0.9% | ||
| Q1 25 | 13.7% | 0.6% | ||
| Q4 24 | 111.9% | 0.9% | ||
| Q3 24 | 26.7% | 0.0% | ||
| Q2 24 | 71.5% | 0.0% | ||
| Q1 24 | 181.7% | 0.1% |
现金转化率NNIRGS
| Q4 25 | 7.32× | 3.65× | ||
| Q3 25 | 1.05× | 1.68× | ||
| Q2 25 | 0.45× | 0.06× | ||
| Q1 25 | 1.10× | 24.80× | ||
| Q4 24 | 10.50× | 0.28× | ||
| Q3 24 | 57.39× | — | ||
| Q2 24 | 2.97× | 0.06× | ||
| Q1 24 | 2.88× | — |
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
NNI
暂无分部数据
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
