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NetApp（NTAP）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
NetApp的季度营收约是罗致恒富的1.3倍（$1.7B vs $1.3B），NetApp同比增速更快（2.8% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $78.0M），过去两年NetApp的营收复合增速更高（3.0% vs -6.1%）
NetApp是总部位于美国加利福尼亚州圣何塞的企业级数据基础设施服务商，成立于1992年，2012至2021年连续入选《财富》世界500强。公司面向全球企业客户提供统一数据存储、集成数据服务及云运营解决方案，可满足线上线下全场景的应用与数据管理需求。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
NTAP vs RHI — 直观对比
营收规模更大
NTAP
是对方的1.3倍
$1.3B
营收增速更快
NTAP
高出8.6%
-5.8%
自由现金流更多
RHI
多$92.8M
$78.0M
两年增速更快
NTAP
近两年复合增速
-6.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.3B |
| 净利润 | $305.0M | — |
| 毛利率 | 72.0% | 37.6% |
| 营业利润率 | 23.4% | 1.7% |
| 净利率 | 17.9% | — |
| 营收同比 | 2.8% | -5.8% |
| 净利润同比 | 2.0% | — |
| 每股收益（稀释后） | $1.51 | $0.32 |
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NTAPRHI
| Q4 25 | $1.7B | $1.3B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.6B | $1.5B |
净利润NTAPRHI
| Q4 25 | $305.0M | — | ||
| Q3 25 | $233.0M | $42.9M | ||
| Q2 25 | $340.0M | $41.0M | ||
| Q1 25 | $299.0M | $17.4M | ||
| Q4 24 | $299.0M | — | ||
| Q3 24 | $248.0M | $65.5M | ||
| Q2 24 | $291.0M | $68.2M | ||
| Q1 24 | $313.0M | $63.7M |
毛利率NTAPRHI
| Q4 25 | 72.0% | 37.6% | ||
| Q3 25 | 70.4% | 37.2% | ||
| Q2 25 | 68.9% | 37.2% | ||
| Q1 25 | 69.8% | 36.9% | ||
| Q4 24 | 71.0% | 38.8% | ||
| Q3 24 | 71.3% | 39.0% | ||
| Q2 24 | 70.5% | 39.2% | ||
| Q1 24 | 71.7% | 38.1% |
营业利润率NTAPRHI
| Q4 25 | 23.4% | 1.7% | ||
| Q3 25 | 19.8% | 1.0% | ||
| Q2 25 | 20.1% | 0.1% | ||
| Q1 25 | 22.1% | 2.9% | ||
| Q4 24 | 20.8% | 4.7% | ||
| Q3 24 | 18.3% | 4.1% | ||
| Q2 24 | 21.9% | 5.1% | ||
| Q1 24 | 22.8% | 2.8% |
净利率NTAPRHI
| Q4 25 | 17.9% | — | ||
| Q3 25 | 14.9% | 3.2% | ||
| Q2 25 | 19.6% | 3.0% | ||
| Q1 25 | 18.2% | 1.3% | ||
| Q4 24 | 18.0% | — | ||
| Q3 24 | 16.1% | 4.5% | ||
| Q2 24 | 17.4% | 4.6% | ||
| Q1 24 | 19.5% | 4.3% |
每股收益（稀释后）NTAPRHI
| Q4 25 | $1.51 | $0.32 | ||
| Q3 25 | $1.15 | $0.43 | ||
| Q2 25 | $1.64 | $0.41 | ||
| Q1 25 | $1.44 | $0.17 | ||
| Q4 24 | $1.42 | $0.53 | ||
| Q3 24 | $1.17 | $0.64 | ||
| Q2 24 | $1.36 | $0.66 | ||
| Q1 24 | $1.48 | $0.61 |
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 | $3.0B | $464.4M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $986.0M | $1.3B |
| 总资产 | $9.6B | $2.9B |
| 负债/权益比越低杠杆越低 | 2.52× | — |
8季度趋势，按日历期对齐
现金及短期投资NTAPRHI
| Q4 25 | $3.0B | $464.4M | ||
| Q3 25 | $3.3B | $365.3M | ||
| Q2 25 | $3.8B | $380.5M | ||
| Q1 25 | $2.3B | $342.5M | ||
| Q4 24 | $2.2B | $537.6M | ||
| Q3 24 | $3.0B | $570.5M | ||
| Q2 24 | $3.3B | $547.4M | ||
| Q1 24 | $2.9B | $540.9M |
总债务NTAPRHI
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
股东权益NTAPRHI
| Q4 25 | $986.0M | $1.3B | ||
| Q3 25 | $975.0M | $1.3B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $995.0M | $1.3B | ||
| Q4 24 | $892.0M | $1.4B | ||
| Q3 24 | $929.0M | $1.5B | ||
| Q2 24 | $1.1B | $1.5B | ||
| Q1 24 | $994.0M | $1.5B |
总资产NTAPRHI
| Q4 25 | $9.6B | $2.9B | ||
| Q3 25 | $9.7B | $2.8B | ||
| Q2 25 | $10.8B | $2.8B | ||
| Q1 25 | $9.0B | $2.7B | ||
| Q4 24 | $9.0B | $2.9B | ||
| Q3 24 | $9.3B | $3.0B | ||
| Q2 24 | $9.9B | $2.9B | ||
| Q1 24 | $9.4B | $2.9B |
负债/权益比NTAPRHI
| Q4 25 | 2.52× | — | ||
| Q3 25 | 2.55× | — | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 2.00× | — | ||
| Q4 24 | 2.23× | — | ||
| Q3 24 | 2.58× | — | ||
| Q2 24 | 2.09× | — | ||
| Q1 24 | 2.41× | — |
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 | $127.0M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $78.0M | $170.8M |
| 自由现金流率自由现金流/营收 | 4.6% | 13.1% |
| 资本支出强度资本支出/营收 | 2.9% | 0.9% |
| 现金转化率经营现金流/净利润 | 0.42× | — |
| 过去12个月自由现金流最近4个季度 | — | $266.8M |
8季度趋势，按日历期对齐
经营现金流NTAPRHI
| Q4 25 | $127.0M | $182.5M | ||
| Q3 25 | $673.0M | $77.4M | ||
| Q2 25 | — | $119.4M | ||
| Q1 25 | $385.0M | $-59.3M | ||
| Q4 24 | — | $154.8M | ||
| Q3 24 | $341.0M | $129.6M | ||
| Q2 24 | $613.0M | $142.0M | ||
| Q1 24 | $484.0M | $-15.9M |
自由现金流NTAPRHI
| Q4 25 | $78.0M | $170.8M | ||
| Q3 25 | $620.0M | $63.6M | ||
| Q2 25 | — | $104.2M | ||
| Q1 25 | $338.0M | $-71.7M | ||
| Q4 24 | — | $140.5M | ||
| Q3 24 | $300.0M | $111.8M | ||
| Q2 24 | $567.0M | $129.6M | ||
| Q1 24 | $448.0M | $-27.7M |
自由现金流率NTAPRHI
| Q4 25 | 4.6% | 13.1% | ||
| Q3 25 | 39.8% | 4.7% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | 20.6% | -5.3% | ||
| Q4 24 | — | 10.2% | ||
| Q3 24 | 19.5% | 7.6% | ||
| Q2 24 | 34.0% | 8.8% | ||
| Q1 24 | 27.9% | -1.9% |
资本支出强度NTAPRHI
| Q4 25 | 2.9% | 0.9% | ||
| Q3 25 | 3.4% | 1.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | 2.9% | 0.9% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | 2.7% | 1.2% | ||
| Q2 24 | 2.8% | 0.8% | ||
| Q1 24 | 2.2% | 0.8% |
现金转化率NTAPRHI
| Q4 25 | 0.42× | — | ||
| Q3 25 | 2.89× | 1.80× | ||
| Q2 25 | — | 2.91× | ||
| Q1 25 | 1.29× | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.38× | 1.98× | ||
| Q2 24 | 2.11× | 2.08× | ||
| Q1 24 | 1.55× | -0.25× |
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
NTAP
| Products | $788.0M | 46% |
| Support | $647.0M | 38% |
| Public Cloud Segment | $171.0M | 10% |
| Professional And Other Services | $99.0M | 6% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
