vs
INSPERITY, INC.（NSP）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是INSPERITY, INC.的1.1倍（$1.9B vs $1.7B），RPM INTERNATIONAL INC同比增速更快（3.5% vs 3.4%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $246.0M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% vs -3.8%）
Insperity（前身为Administaff）是总部位于美国得克萨斯州休斯顿金伍德区的专业雇主组织（PEO），专注为中小微企业提供人力资源及行政事务外包等相关服务。自2004年起，该企业长期担任冠军巡回赛职业高尔夫赛事的冠名赞助商。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
NSP vs RPM — 直观对比
营收规模更大
RPM
是对方的1.1倍
$1.7B
营收增速更快
RPM
高出0.1%
3.4%
自由现金流更多
RPM
多$50.4M
$246.0M
两年增速更快
RPM
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.9B |
| 净利润 | — | $161.2M |
| 毛利率 | 10.3% | 40.8% |
| 营业利润率 | -2.8% | 11.0% |
| 净利率 | — | 8.4% |
| 营收同比 | 3.4% | 3.5% |
| 净利润同比 | — | -12.0% |
| 每股收益（稀释后） | $-0.87 | $1.26 |
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NSPRPM
| Q4 25 | $1.7B | $1.9B | ||
| Q3 25 | $1.6B | $2.1B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.6B | $2.0B | ||
| Q2 24 | $1.6B | $2.0B | ||
| Q1 24 | $1.8B | $1.5B |
净利润NSPRPM
| Q4 25 | — | $161.2M | ||
| Q3 25 | $-20.0M | $227.6M | ||
| Q2 25 | $-5.0M | $225.8M | ||
| Q1 25 | $51.0M | $52.0M | ||
| Q4 24 | — | $183.2M | ||
| Q3 24 | $3.0M | $227.7M | ||
| Q2 24 | $18.0M | $180.6M | ||
| Q1 24 | $79.0M | $61.2M |
毛利率NSPRPM
| Q4 25 | 10.3% | 40.8% | ||
| Q3 25 | 12.0% | 42.3% | ||
| Q2 25 | 13.4% | 42.4% | ||
| Q1 25 | 16.6% | 38.4% | ||
| Q4 24 | 13.5% | 41.4% | ||
| Q3 24 | 14.7% | 42.5% | ||
| Q2 24 | 16.2% | 41.4% | ||
| Q1 24 | 19.1% | 39.9% |
营业利润率NSPRPM
| Q4 25 | -2.8% | 11.0% | ||
| Q3 25 | -1.5% | 14.1% | ||
| Q2 25 | -0.4% | 11.9% | ||
| Q1 25 | 3.7% | 2.8% | ||
| Q4 24 | -0.9% | 11.5% | ||
| Q3 24 | 0.1% | 14.8% | ||
| Q2 24 | 1.4% | 11.9% | ||
| Q1 24 | 6.0% | 5.5% |
净利率NSPRPM
| Q4 25 | — | 8.4% | ||
| Q3 25 | -1.2% | 10.8% | ||
| Q2 25 | -0.3% | 10.8% | ||
| Q1 25 | 2.7% | 3.5% | ||
| Q4 24 | — | 9.9% | ||
| Q3 24 | 0.2% | 11.6% | ||
| Q2 24 | 1.1% | 9.0% | ||
| Q1 24 | 4.4% | 4.0% |
每股收益（稀释后）NSPRPM
| Q4 25 | $-0.87 | $1.26 | ||
| Q3 25 | $-0.53 | $1.77 | ||
| Q2 25 | $-0.14 | $1.76 | ||
| Q1 25 | $1.35 | $0.40 | ||
| Q4 24 | $-0.21 | $1.42 | ||
| Q3 24 | $0.07 | $1.77 | ||
| Q2 24 | $0.48 | $1.40 | ||
| Q1 24 | $2.08 | $0.47 |
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 | $682.0M | $316.6M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $46.0M | $3.1B |
| 总资产 | $2.2B | $7.9B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资NSPRPM
| Q4 25 | $682.0M | $316.6M | ||
| Q3 25 | $521.0M | $297.1M | ||
| Q2 25 | $511.0M | $302.1M | ||
| Q1 25 | $684.0M | $241.9M | ||
| Q4 24 | $1.2B | $268.7M | ||
| Q3 24 | $596.0M | $231.6M | ||
| Q2 24 | $850.0M | $237.4M | ||
| Q1 24 | $801.0M | $248.9M |
总债务NSPRPM
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益NSPRPM
| Q4 25 | $46.0M | $3.1B | ||
| Q3 25 | $87.0M | $3.1B | ||
| Q2 25 | $112.0M | $2.9B | ||
| Q1 25 | $119.0M | $2.7B | ||
| Q4 24 | $97.0M | $2.7B | ||
| Q3 24 | $125.0M | $2.6B | ||
| Q2 24 | $142.0M | $2.5B | ||
| Q1 24 | $140.0M | $2.3B |
总资产NSPRPM
| Q4 25 | $2.2B | $7.9B | ||
| Q3 25 | $2.0B | $7.9B | ||
| Q2 25 | $2.0B | $7.8B | ||
| Q1 25 | $2.1B | $6.6B | ||
| Q4 24 | $2.6B | $6.7B | ||
| Q3 24 | $1.9B | $6.6B | ||
| Q2 24 | $2.1B | $6.6B | ||
| Q1 24 | $2.1B | $6.4B |
负债/权益比NSPRPM
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
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 | $255.0M | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $246.0M | $296.4M |
| 自由现金流率自由现金流/营收 | 14.7% | 15.5% |
| 资本支出强度资本支出/营收 | 0.5% | 2.6% |
| 现金转化率经营现金流/净利润 | — | 2.14× |
| 过去12个月自由现金流最近4个季度 | $-309.0M | $582.9M |
8季度趋势，按日历期对齐
经营现金流NSPRPM
| Q4 25 | $255.0M | $345.7M | ||
| Q3 25 | $-11.0M | $237.5M | ||
| Q2 25 | $-79.0M | $149.2M | ||
| Q1 25 | $-443.0M | $91.5M | ||
| Q4 24 | $619.0M | $279.4M | ||
| Q3 24 | $-150.0M | $248.1M | ||
| Q2 24 | $20.0M | $181.2M | ||
| Q1 24 | $31.0M | $173.4M |
自由现金流NSPRPM
| Q4 25 | $246.0M | $296.4M | ||
| Q3 25 | $-20.0M | $175.0M | ||
| Q2 25 | $-86.0M | $78.2M | ||
| Q1 25 | $-449.0M | $33.3M | ||
| Q4 24 | $606.0M | $229.5M | ||
| Q3 24 | $-164.0M | $197.3M | ||
| Q2 24 | $14.0M | $105.3M | ||
| Q1 24 | $26.0M | $124.6M |
自由现金流率NSPRPM
| Q4 25 | 14.7% | 15.5% | ||
| Q3 25 | -1.2% | 8.3% | ||
| Q2 25 | -5.2% | 3.8% | ||
| Q1 25 | -24.1% | 2.3% | ||
| Q4 24 | 37.6% | 12.4% | ||
| Q3 24 | -10.5% | 10.0% | ||
| Q2 24 | 0.9% | 5.2% | ||
| Q1 24 | 1.4% | 8.2% |
资本支出强度NSPRPM
| Q4 25 | 0.5% | 2.6% | ||
| Q3 25 | 0.6% | 3.0% | ||
| Q2 25 | 0.4% | 3.4% | ||
| Q1 25 | 0.3% | 3.9% | ||
| Q4 24 | 0.8% | 2.7% | ||
| Q3 24 | 0.9% | 2.6% | ||
| Q2 24 | 0.4% | 3.8% | ||
| Q1 24 | 0.3% | 3.2% |
现金转化率NSPRPM
| Q4 25 | — | 2.14× | ||
| Q3 25 | — | 1.04× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | -8.69× | 1.76× | ||
| Q4 24 | — | 1.53× | ||
| Q3 24 | -50.00× | 1.09× | ||
| Q2 24 | 1.11× | 1.00× | ||
| Q1 24 | 0.39× | 2.83× |
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
NSP
| Northeast | $455.0M | 27% |
| West | $339.0M | 20% |
| Southwest | $317.0M | 19% |
| Central | $299.0M | 18% |
| Southeast | $241.0M | 14% |
| Other Revenues | $17.0M | 1% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
