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NAPCO SECURITY TECHNOLOGIES, INC（NSSC）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是NAPCO SECURITY TECHNOLOGIES, INC的1.5倍（$71.1M vs $48.2M），NAPCO SECURITY TECHNOLOGIES, INC净利率更高（28.0% vs 2.0%，领先26.0%），NAPCO SECURITY TECHNOLOGIES, INC同比增速更快（12.2% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $14.5M），过去两年NAPCO SECURITY TECHNOLOGIES, INC的营收复合增速更高（-1.1% vs -4.7%）
纳普科安全技术公司1969年成立，总部位于纽约阿米蒂维尔，核心业务为研发生产各类安全产品，包括电子锁具、安防警报系统以及楼宇出入管控系统，曾用名纳普科安全系统公司。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
NSSC vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.5倍
$48.2M
营收增速更快
NSSC
高出14.0%
-1.8%
净利率更高
NSSC
高出26.0%
2.0%
自由现金流更多
RMAX
多$19.0M
$14.5M
两年增速更快
NSSC
近两年复合增速
-4.7%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $48.2M | $71.1M |
| 净利润 | $13.5M | $1.4M |
| 毛利率 | 58.6% | — |
| 营业利润率 | 30.6% | 13.1% |
| 净利率 | 28.0% | 2.0% |
| 营收同比 | 12.2% | -1.8% |
| 净利润同比 | 29.0% | -75.2% |
| 每股收益（稀释后） | $0.38 | — |
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NSSCRMAX
| Q4 25 | $48.2M | $71.1M | ||
| Q3 25 | $49.2M | $73.2M | ||
| Q2 25 | $50.7M | $72.8M | ||
| Q1 25 | $44.0M | $74.5M | ||
| Q4 24 | $42.9M | $72.5M | ||
| Q3 24 | $44.0M | $78.5M | ||
| Q2 24 | $50.3M | $78.5M | ||
| Q1 24 | $49.3M | $78.3M |
净利润NSSCRMAX
| Q4 25 | $13.5M | $1.4M | ||
| Q3 25 | $12.2M | $4.0M | ||
| Q2 25 | $11.6M | $4.7M | ||
| Q1 25 | $10.1M | $-2.0M | ||
| Q4 24 | $10.5M | $5.8M | ||
| Q3 24 | $11.2M | $966.0K | ||
| Q2 24 | $13.5M | $3.7M | ||
| Q1 24 | $13.2M | $-3.4M |
毛利率NSSCRMAX
| Q4 25 | 58.6% | — | ||
| Q3 25 | 56.6% | — | ||
| Q2 25 | 52.8% | — | ||
| Q1 25 | 57.2% | — | ||
| Q4 24 | 57.0% | — | ||
| Q3 24 | 55.9% | — | ||
| Q2 24 | 55.3% | — | ||
| Q1 24 | 53.8% | — |
营业利润率NSSCRMAX
| Q4 25 | 30.6% | 13.1% | ||
| Q3 25 | 27.7% | 25.0% | ||
| Q2 25 | 23.8% | 19.3% | ||
| Q1 25 | 25.4% | 7.2% | ||
| Q4 24 | 26.0% | 5.9% | ||
| Q3 24 | 26.9% | 19.4% | ||
| Q2 24 | 27.7% | 20.6% | ||
| Q1 24 | 29.4% | 5.8% |
净利率NSSCRMAX
| Q4 25 | 28.0% | 2.0% | ||
| Q3 25 | 24.7% | 5.4% | ||
| Q2 25 | 22.9% | 6.4% | ||
| Q1 25 | 23.0% | -2.6% | ||
| Q4 24 | 24.4% | 8.0% | ||
| Q3 24 | 25.4% | 1.2% | ||
| Q2 24 | 26.9% | 4.7% | ||
| Q1 24 | 26.8% | -4.3% |
每股收益（稀释后）NSSCRMAX
| Q4 25 | $0.38 | — | ||
| Q3 25 | $0.34 | — | ||
| Q2 25 | $0.33 | — | ||
| Q1 25 | $0.28 | — | ||
| Q4 24 | $0.28 | — | ||
| Q3 24 | $0.30 | — | ||
| Q2 24 | $0.36 | — | ||
| Q1 24 | $0.36 | — |
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 | $115.4M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $184.8M | $452.4M |
| 总资产 | $212.8M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资NSSCRMAX
| Q4 25 | $115.4M | $118.7M | ||
| Q3 25 | $105.8M | $107.5M | ||
| Q2 25 | $99.2M | $94.3M | ||
| Q1 25 | $89.3M | $89.1M | ||
| Q4 24 | $99.2M | $96.6M | ||
| Q3 24 | $91.3M | $83.8M | ||
| Q2 24 | $70.7M | $66.1M | ||
| Q1 24 | $60.9M | $82.1M |
总债务NSSCRMAX
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益NSSCRMAX
| Q4 25 | $184.8M | $452.4M | ||
| Q3 25 | $176.1M | $448.1M | ||
| Q2 25 | $168.6M | $442.4M | ||
| Q1 25 | $161.5M | $433.5M | ||
| Q4 24 | $174.2M | $429.5M | ||
| Q3 24 | $178.6M | $423.1M | ||
| Q2 24 | $178.9M | $418.4M | ||
| Q1 24 | $168.2M | $412.0M |
总资产NSSCRMAX
| Q4 25 | $212.8M | $582.5M | ||
| Q3 25 | $206.0M | $582.2M | ||
| Q2 25 | $198.1M | $574.8M | ||
| Q1 25 | $190.9M | $571.4M | ||
| Q4 24 | $202.7M | $581.6M | ||
| Q3 24 | $209.9M | $578.6M | ||
| Q2 24 | $207.8M | $571.4M | ||
| Q1 24 | $194.8M | $566.7M |
负债/权益比NSSCRMAX
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $15.1M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $14.5M | $33.5M |
| 自由现金流率自由现金流/营收 | 30.1% | 47.1% |
| 资本支出强度资本支出/营收 | 1.2% | 10.4% |
| 现金转化率经营现金流/净利润 | 1.12× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $53.7M | $56.8M |
8季度趋势，按日历期对齐
经营现金流NSSCRMAX
| Q4 25 | $15.1M | $40.9M | ||
| Q3 25 | $11.6M | $17.7M | ||
| Q2 25 | $14.6M | $4.6M | ||
| Q1 25 | $13.4M | $5.7M | ||
| Q4 24 | $13.5M | $59.7M | ||
| Q3 24 | $12.0M | $17.6M | ||
| Q2 24 | $14.3M | $15.9M | ||
| Q1 24 | $12.3M | $9.4M |
自由现金流NSSCRMAX
| Q4 25 | $14.5M | $33.5M | ||
| Q3 25 | $11.4M | $16.4M | ||
| Q2 25 | $14.4M | $2.9M | ||
| Q1 25 | $13.3M | $4.0M | ||
| Q4 24 | $12.4M | $53.0M | ||
| Q3 24 | $11.3M | $16.3M | ||
| Q2 24 | $13.8M | $14.0M | ||
| Q1 24 | $12.0M | $6.8M |
自由现金流率NSSCRMAX
| Q4 25 | 30.1% | 47.1% | ||
| Q3 25 | 23.3% | 22.4% | ||
| Q2 25 | 28.4% | 4.0% | ||
| Q1 25 | 30.3% | 5.3% | ||
| Q4 24 | 28.8% | 73.2% | ||
| Q3 24 | 25.8% | 20.8% | ||
| Q2 24 | 27.4% | 17.8% | ||
| Q1 24 | 24.3% | 8.6% |
资本支出强度NSSCRMAX
| Q4 25 | 1.2% | 10.4% | ||
| Q3 25 | 0.4% | 1.8% | ||
| Q2 25 | 0.5% | 2.2% | ||
| Q1 25 | 0.1% | 2.3% | ||
| Q4 24 | 2.6% | 9.1% | ||
| Q3 24 | 1.5% | 1.7% | ||
| Q2 24 | 1.1% | 2.4% | ||
| Q1 24 | 0.7% | 3.3% |
现金转化率NSSCRMAX
| Q4 25 | 1.12× | 28.39× | ||
| Q3 25 | 0.96× | 4.45× | ||
| Q2 25 | 1.26× | 0.97× | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 1.29× | 10.28× | ||
| Q3 24 | 1.08× | 18.22× | ||
| Q2 24 | 1.06× | 4.29× | ||
| Q1 24 | 0.94× | — |
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
NSSC
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
