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NexPoint Real Estate Finance, Inc.（NREF）与Outdoor Holding Co（POWW）财务数据对比。点击上方公司名可切换其他公司
Outdoor Holding Co的季度营收约是NexPoint Real Estate Finance, Inc.的1.2倍（$13.4M vs $11.1M），NexPoint Real Estate Finance, Inc.净利率更高（216.6% vs 16.7%，领先200.0%），NexPoint Real Estate Finance, Inc.同比增速更快（-48.8% vs -54.1%）
NexPoint Real Estate Finance, Inc.是一家总部位于美国的商业地产金融企业，主要为多户住宅、写字楼、工业及酒店物业提供结构化融资方案，运营并管理抵押贷款及其他地产相关投资组合，为利益相关方提供经风险调整的稳定回报。
Vista Outdoor Inc.（原代码POWW）是美国户外行业企业，主营射击运动器材与户外产品两大业务板块，是拥有超过40个品牌与子品牌的多品牌户外用品集团，负责产品的设计、生产与市场推广。
NREF vs POWW — 直观对比
营收规模更大
POWW
是对方的1.2倍
$11.1M
营收增速更快
NREF
高出5.3%
-54.1%
净利率更高
NREF
高出200.0%
16.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $11.1M | $13.4M |
| 净利润 | $24.0M | $2.2M |
| 毛利率 | — | 87.1% |
| 营业利润率 | — | 14.7% |
| 净利率 | 216.6% | 16.7% |
| 营收同比 | -48.8% | -54.1% |
| 净利润同比 | 58.7% | 108.5% |
| 每股收益（稀释后） | $0.47 | $0.01 |
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NREFPOWW
| Q4 25 | $11.1M | $13.4M | ||
| Q3 25 | $12.5M | $12.0M | ||
| Q2 25 | $12.1M | $11.9M | ||
| Q1 25 | $11.5M | $12.6M | ||
| Q4 24 | $21.7M | $12.5M | ||
| Q3 24 | $12.5M | $12.0M | ||
| Q2 24 | $6.7M | $12.3M | ||
| Q1 24 | $-12.8M | $-50.7M |
净利润NREFPOWW
| Q4 25 | $24.0M | $2.2M | ||
| Q3 25 | $50.9M | $1.4M | ||
| Q2 25 | $22.3M | $-6.5M | ||
| Q1 25 | $26.0M | $-77.5M | ||
| Q4 24 | $15.2M | $-26.1M | ||
| Q3 24 | $23.3M | $-12.4M | ||
| Q2 24 | $12.1M | $-14.8M | ||
| Q1 24 | $-14.6M | $-5.2M |
毛利率NREFPOWW
| Q4 25 | — | 87.1% | ||
| Q3 25 | — | 87.1% | ||
| Q2 25 | — | 87.2% | ||
| Q1 25 | — | 87.5% | ||
| Q4 24 | — | 87.4% | ||
| Q3 24 | — | 86.9% | ||
| Q2 24 | — | 85.8% | ||
| Q1 24 | — | — |
营业利润率NREFPOWW
| Q4 25 | — | 14.7% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | — | -50.7% | ||
| Q1 25 | — | -213.6% | ||
| Q4 24 | — | -163.8% | ||
| Q3 24 | — | -50.3% | ||
| Q2 24 | — | -50.8% | ||
| Q1 24 | — | — |
净利率NREFPOWW
| Q4 25 | 216.6% | 16.7% | ||
| Q3 25 | 407.0% | 11.7% | ||
| Q2 25 | 184.5% | -54.5% | ||
| Q1 25 | 225.6% | -614.5% | ||
| Q4 24 | 69.9% | -208.7% | ||
| Q3 24 | 186.4% | -103.7% | ||
| Q2 24 | 179.7% | -120.2% | ||
| Q1 24 | 114.3% | 10.3% |
每股收益（稀释后）NREFPOWW
| Q4 25 | $0.47 | $0.01 | ||
| Q3 25 | $1.14 | $0.01 | ||
| Q2 25 | $0.54 | $-0.06 | ||
| Q1 25 | $0.70 | $-0.67 | ||
| Q4 24 | $0.71 | $-0.23 | ||
| Q3 24 | $0.74 | $-0.11 | ||
| Q2 24 | $0.40 | $-0.13 | ||
| Q1 24 | $-0.83 | $-0.05 |
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 | $31.1M | $69.9M |
| 总债务越低越好 | $771.2M | — |
| 股东权益账面价值 | $388.0M | $237.3M |
| 总资产 | $5.3B | $271.7M |
| 负债/权益比越低杠杆越低 | 1.99× | — |
8季度趋势，按日历期对齐
现金及短期投资NREFPOWW
| Q4 25 | $31.1M | $69.9M | ||
| Q3 25 | $17.9M | $65.7M | ||
| Q2 25 | $9.1M | $63.4M | ||
| Q1 25 | $19.2M | $30.2M | ||
| Q4 24 | $3.9M | $31.9M | ||
| Q3 24 | $34.7M | $33.5M | ||
| Q2 24 | $4.3M | $50.8M | ||
| Q1 24 | $13.5M | $55.6M |
总债务NREFPOWW
| Q4 25 | $771.2M | — | ||
| Q3 25 | $720.9M | — | ||
| Q2 25 | $815.6M | — | ||
| Q1 25 | $831.5M | — | ||
| Q4 24 | $799.3M | — | ||
| Q3 24 | $815.5M | — | ||
| Q2 24 | $861.0M | — | ||
| Q1 24 | $843.3M | — |
股东权益NREFPOWW
| Q4 25 | $388.0M | $237.3M | ||
| Q3 25 | $375.4M | $235.4M | ||
| Q2 25 | $348.2M | $222.5M | ||
| Q1 25 | $343.7M | $222.0M | ||
| Q4 24 | $336.5M | $299.6M | ||
| Q3 24 | $335.8M | $325.6M | ||
| Q2 24 | $327.5M | $342.5M | ||
| Q1 24 | $327.1M | $358.0M |
总资产NREFPOWW
| Q4 25 | $5.3B | $271.7M | ||
| Q3 25 | $5.3B | $270.3M | ||
| Q2 25 | $5.4B | $269.5M | ||
| Q1 25 | $5.4B | $297.3M | ||
| Q4 24 | $5.4B | $355.4M | ||
| Q3 24 | $5.7B | $368.9M | ||
| Q2 24 | $6.6B | $398.6M | ||
| Q1 24 | $7.1B | $403.0M |
负债/权益比NREFPOWW
| Q4 25 | 1.99× | — | ||
| Q3 25 | 1.92× | — | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 2.42× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.63× | — | ||
| Q1 24 | 2.58× | — |
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 | $-4.5M | $5.7M |
| 自由现金流经营现金流 - 资本支出 | — | $5.0M |
| 自由现金流率自由现金流/营收 | — | 37.6% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | -0.19× | 2.55× |
| 过去12个月自由现金流最近4个季度 | — | $-2.3M |
8季度趋势，按日历期对齐
经营现金流NREFPOWW
| Q4 25 | $-4.5M | $5.7M | ||
| Q3 25 | $8.1M | $3.2M | ||
| Q2 25 | $3.3M | $-6.7M | ||
| Q1 25 | $16.0M | $-1.5M | ||
| Q4 24 | $4.4M | $1.3M | ||
| Q3 24 | $14.7M | $-9.3M | ||
| Q2 24 | $-7.5M | $-547.5K | ||
| Q1 24 | $17.7M | $4.3M |
自由现金流NREFPOWW
| Q4 25 | — | $5.0M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | — | $-2.3M | ||
| Q4 24 | — | $720.3K | ||
| Q3 24 | — | $-10.6M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $1.4M |
自由现金流率NREFPOWW
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | -63.8% | ||
| Q1 25 | — | -18.6% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | -88.3% | ||
| Q2 24 | — | -11.0% | ||
| Q1 24 | — | -2.8% |
资本支出强度NREFPOWW
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 7.5% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 10.4% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | -5.7% |
现金转化率NREFPOWW
| Q4 25 | -0.19× | 2.55× | ||
| Q3 25 | 0.16× | 2.29× | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | -0.62× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
