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Envista Holdings Corp（NVST）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Envista Holdings Corp的1.6倍（$1.2B vs $750.6M），利氏兄弟拍卖行净利率更高（9.1% vs 4.4%，领先4.7%），Envista Holdings Corp同比增速更快（15.0% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $91.7M），过去两年Envista Holdings Corp的营收复合增速更高（9.7% vs 6.3%）
Envista Holdings Corp是一家总部位于美国的企业，旗下Envista Forensics业务板块面向保险、法律及风险管理行业，在全球范围内提供法务工程与事故复原解决方案。公司前身为LWG咨询有限公司，2017年正式更名为Envista Forensics。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
NVST vs RBA — 直观对比
营收规模更大
RBA
是对方的1.6倍
$750.6M
营收增速更快
NVST
高出9.6%
5.4%
净利率更高
RBA
高出4.7%
4.4%
自由现金流更多
RBA
多$94.8M
$91.7M
两年增速更快
NVST
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $750.6M | $1.2B |
| 净利润 | $32.9M | $109.7M |
| 毛利率 | 54.7% | — |
| 营业利润率 | 9.8% | 14.7% |
| 净利率 | 4.4% | 9.1% |
| 营收同比 | 15.0% | 5.4% |
| 净利润同比 | 2641.7% | -7.4% |
| 每股收益（稀释后） | $0.20 | $0.53 |
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NVSTRBA
| Q4 25 | $750.6M | $1.2B | ||
| Q3 25 | $669.9M | $1.1B | ||
| Q2 25 | $682.1M | $1.2B | ||
| Q1 25 | $616.9M | $1.1B | ||
| Q4 24 | $652.9M | $1.1B | ||
| Q3 24 | $601.0M | $981.8M | ||
| Q2 24 | $633.1M | $1.1B | ||
| Q1 24 | $623.6M | $1.1B |
净利润NVSTRBA
| Q4 25 | $32.9M | $109.7M | ||
| Q3 25 | $-30.3M | $95.5M | ||
| Q2 25 | $26.4M | $109.8M | ||
| Q1 25 | $18.0M | $113.4M | ||
| Q4 24 | $1.2M | $118.5M | ||
| Q3 24 | $8.2M | $76.1M | ||
| Q2 24 | $-1.2B | $111.1M | ||
| Q1 24 | $23.6M | $107.4M |
毛利率NVSTRBA
| Q4 25 | 54.7% | — | ||
| Q3 25 | 55.3% | — | ||
| Q2 25 | 54.2% | — | ||
| Q1 25 | 54.5% | — | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 52.8% | — | ||
| Q2 24 | 51.6% | — | ||
| Q1 24 | 57.1% | — |
营业利润率NVSTRBA
| Q4 25 | 9.8% | 14.7% | ||
| Q3 25 | 8.6% | 14.5% | ||
| Q2 25 | 6.8% | 15.9% | ||
| Q1 25 | 6.3% | 17.1% | ||
| Q4 24 | 7.1% | 18.1% | ||
| Q3 24 | 3.5% | 15.6% | ||
| Q2 24 | -182.2% | 18.4% | ||
| Q1 24 | 7.7% | 18.7% |
净利率NVSTRBA
| Q4 25 | 4.4% | 9.1% | ||
| Q3 25 | -4.5% | 8.7% | ||
| Q2 25 | 3.9% | 9.3% | ||
| Q1 25 | 2.9% | 10.2% | ||
| Q4 24 | 0.2% | 10.4% | ||
| Q3 24 | 1.4% | 7.8% | ||
| Q2 24 | -181.9% | 10.1% | ||
| Q1 24 | 3.8% | 10.1% |
每股收益（稀释后）NVSTRBA
| Q4 25 | $0.20 | $0.53 | ||
| Q3 25 | $-0.18 | $0.43 | ||
| Q2 25 | $0.16 | $0.53 | ||
| Q1 25 | $0.10 | $0.55 | ||
| Q4 24 | $0.00 | $0.58 | ||
| Q3 24 | $0.05 | $0.36 | ||
| Q2 24 | $-6.69 | $0.54 | ||
| Q1 24 | $0.14 | $0.53 |
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 | $1.2B | $531.5M |
| 总债务越低越好 | $1.4B | $2.3B |
| 股东权益账面价值 | $3.1B | $5.6B |
| 总资产 | $5.7B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.47× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资NVSTRBA
| Q4 25 | $1.2B | $531.5M | ||
| Q3 25 | $1.1B | $674.7M | ||
| Q2 25 | $1.1B | $710.2M | ||
| Q1 25 | $1.1B | $578.1M | ||
| Q4 24 | $1.1B | $533.9M | ||
| Q3 24 | $991.3M | $650.7M | ||
| Q2 24 | $1.0B | $599.5M | ||
| Q1 24 | $948.5M | $462.8M |
总债务NVSTRBA
| Q4 25 | $1.4B | $2.3B | ||
| Q3 25 | $1.4B | $2.6B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.4B | $2.6B | ||
| Q4 24 | $1.4B | $2.6B | ||
| Q3 24 | $1.4B | $2.7B | ||
| Q2 24 | $1.5B | $2.8B | ||
| Q1 24 | $1.5B | $2.9B |
股东权益NVSTRBA
| Q4 25 | $3.1B | $5.6B | ||
| Q3 25 | $3.1B | $5.5B | ||
| Q2 25 | $3.1B | $5.5B | ||
| Q1 25 | $3.0B | $5.3B | ||
| Q4 24 | $2.9B | $5.2B | ||
| Q3 24 | $3.1B | $5.2B | ||
| Q2 24 | $3.0B | $5.2B | ||
| Q1 24 | $4.1B | $5.1B |
总资产NVSTRBA
| Q4 25 | $5.7B | $12.1B | ||
| Q3 25 | $5.6B | $12.2B | ||
| Q2 25 | $5.7B | $12.2B | ||
| Q1 25 | $5.5B | $11.9B | ||
| Q4 24 | $5.4B | $11.8B | ||
| Q3 24 | $5.5B | $11.9B | ||
| Q2 24 | $5.4B | $12.1B | ||
| Q1 24 | $6.6B | $12.0B |
负债/权益比NVSTRBA
| Q4 25 | 0.47× | 0.42× | ||
| Q3 25 | 0.47× | 0.47× | ||
| Q2 25 | 0.46× | 0.47× | ||
| Q1 25 | 0.47× | 0.50× | ||
| Q4 24 | 0.48× | 0.50× | ||
| Q3 24 | 0.46× | 0.52× | ||
| Q2 24 | 0.51× | 0.55× | ||
| Q1 24 | 0.36× | 0.58× |
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 | $108.0M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $91.7M | $186.5M |
| 自由现金流率自由现金流/营收 | 12.2% | 15.5% |
| 资本支出强度资本支出/营收 | 2.2% | 5.7% |
| 现金转化率经营现金流/净利润 | 3.28× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $230.4M | $719.2M |
8季度趋势，按日历期对齐
经营现金流NVSTRBA
| Q4 25 | $108.0M | $255.2M | ||
| Q3 25 | $78.7M | $239.7M | ||
| Q2 25 | $88.7M | $326.5M | ||
| Q1 25 | $300.0K | $156.8M | ||
| Q4 24 | $132.4M | $184.5M | ||
| Q3 24 | $70.7M | $285.4M | ||
| Q2 24 | $93.1M | $337.3M | ||
| Q1 24 | $40.3M | $124.8M |
自由现金流NVSTRBA
| Q4 25 | $91.7M | $186.5M | ||
| Q3 25 | $67.9M | $188.5M | ||
| Q2 25 | $76.4M | $241.7M | ||
| Q1 25 | $-5.6M | $102.5M | ||
| Q4 24 | $123.8M | $127.9M | ||
| Q3 24 | $63.3M | $248.5M | ||
| Q2 24 | $86.3M | $308.6M | ||
| Q1 24 | $29.3M | $79.6M |
自由现金流率NVSTRBA
| Q4 25 | 12.2% | 15.5% | ||
| Q3 25 | 10.1% | 17.3% | ||
| Q2 25 | 11.2% | 20.4% | ||
| Q1 25 | -0.9% | 9.2% | ||
| Q4 24 | 19.0% | 11.2% | ||
| Q3 24 | 10.5% | 25.3% | ||
| Q2 24 | 13.6% | 28.2% | ||
| Q1 24 | 4.7% | 7.5% |
资本支出强度NVSTRBA
| Q4 25 | 2.2% | 5.7% | ||
| Q3 25 | 1.6% | 4.7% | ||
| Q2 25 | 1.8% | 7.2% | ||
| Q1 25 | 1.0% | 4.9% | ||
| Q4 24 | 1.3% | 5.0% | ||
| Q3 24 | 1.2% | 3.8% | ||
| Q2 24 | 1.1% | 2.6% | ||
| Q1 24 | 1.8% | 4.2% |
现金转化率NVSTRBA
| Q4 25 | 3.28× | 2.33× | ||
| Q3 25 | — | 2.51× | ||
| Q2 25 | 3.36× | 2.97× | ||
| Q1 25 | 0.02× | 1.38× | ||
| Q4 24 | 110.33× | 1.56× | ||
| Q3 24 | 8.62× | 3.75× | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | 1.71× | 1.16× |
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
NVST
| Other | $375.8M | 50% |
| Specialty Productsand Technologies | $188.4M | 25% |
| Equipmentand Consumables | $186.4M | 25% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
