vs
Envista Holdings Corp（NVST）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
Envista Holdings Corp的季度营收约是RBC Bearings INC的1.6倍（$750.6M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 4.4%，领先10.2%），RBC Bearings INC同比增速更快（17.0% vs 15.0%），RBC Bearings INC自由现金流更多（$99.1M vs $91.7M），过去两年Envista Holdings Corp的营收复合增速更高（9.7% vs 5.6%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
NVST vs RBC — 直观对比
营收规模更大
NVST
是对方的1.6倍
$461.6M
营收增速更快
RBC
高出2.1%
15.0%
净利率更高
RBC
高出10.2%
4.4%
自由现金流更多
RBC
多$7.4M
$91.7M
两年增速更快
NVST
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $750.6M | $461.6M |
| 净利润 | $32.9M | $67.4M |
| 毛利率 | 54.7% | 44.3% |
| 营业利润率 | 9.8% | 22.3% |
| 净利率 | 4.4% | 14.6% |
| 营收同比 | 15.0% | 17.0% |
| 净利润同比 | 2641.7% | 16.4% |
| 每股收益（稀释后） | $0.20 | $2.13 |
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NVSTRBC
| Q4 25 | $750.6M | $461.6M | ||
| Q3 25 | $669.9M | $455.3M | ||
| Q2 25 | $682.1M | $436.0M | ||
| Q1 25 | $616.9M | $437.7M | ||
| Q4 24 | $652.9M | $394.4M | ||
| Q3 24 | $601.0M | $397.9M | ||
| Q2 24 | $633.1M | $406.3M | ||
| Q1 24 | $623.6M | $413.7M |
净利润NVSTRBC
| Q4 25 | $32.9M | $67.4M | ||
| Q3 25 | $-30.3M | $60.0M | ||
| Q2 25 | $26.4M | $68.5M | ||
| Q1 25 | $18.0M | $72.7M | ||
| Q4 24 | $1.2M | $57.9M | ||
| Q3 24 | $8.2M | $54.2M | ||
| Q2 24 | $-1.2B | $61.4M | ||
| Q1 24 | $23.6M | — |
毛利率NVSTRBC
| Q4 25 | 54.7% | 44.3% | ||
| Q3 25 | 55.3% | 44.1% | ||
| Q2 25 | 54.2% | 44.8% | ||
| Q1 25 | 54.5% | 44.2% | ||
| Q4 24 | 57.1% | 44.3% | ||
| Q3 24 | 52.8% | 43.7% | ||
| Q2 24 | 51.6% | 45.3% | ||
| Q1 24 | 57.1% | 43.1% |
营业利润率NVSTRBC
| Q4 25 | 9.8% | 22.3% | ||
| Q3 25 | 8.6% | 21.5% | ||
| Q2 25 | 6.8% | 23.2% | ||
| Q1 25 | 6.3% | 23.0% | ||
| Q4 24 | 7.1% | 21.7% | ||
| Q3 24 | 3.5% | 21.6% | ||
| Q2 24 | -182.2% | 24.0% | ||
| Q1 24 | 7.7% | 22.8% |
净利率NVSTRBC
| Q4 25 | 4.4% | 14.6% | ||
| Q3 25 | -4.5% | 13.2% | ||
| Q2 25 | 3.9% | 15.7% | ||
| Q1 25 | 2.9% | 16.6% | ||
| Q4 24 | 0.2% | 14.7% | ||
| Q3 24 | 1.4% | 13.6% | ||
| Q2 24 | -181.9% | 15.1% | ||
| Q1 24 | 3.8% | — |
每股收益（稀释后）NVSTRBC
| Q4 25 | $0.20 | $2.13 | ||
| Q3 25 | $-0.18 | $1.90 | ||
| Q2 25 | $0.16 | $2.17 | ||
| Q1 25 | $0.10 | $2.33 | ||
| Q4 24 | $0.00 | $1.82 | ||
| Q3 24 | $0.05 | $1.65 | ||
| Q2 24 | $-6.69 | $1.90 | ||
| Q1 24 | $0.14 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $1.4B | $990.2M |
| 股东权益账面价值 | $3.1B | $3.3B |
| 总资产 | $5.7B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.47× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资NVSTRBC
| Q4 25 | $1.2B | $107.6M | ||
| Q3 25 | $1.1B | $91.2M | ||
| Q2 25 | $1.1B | $132.9M | ||
| Q1 25 | $1.1B | $36.8M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $991.3M | — | ||
| Q2 24 | $1.0B | $76.8M | ||
| Q1 24 | $948.5M | $63.5M |
总债务NVSTRBC
| Q4 25 | $1.4B | $990.2M | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.4B | $915.6M | ||
| Q1 25 | $1.4B | $920.1M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | $1.2B |
股东权益NVSTRBC
| Q4 25 | $3.1B | $3.3B | ||
| Q3 25 | $3.1B | $3.2B | ||
| Q2 25 | $3.1B | $3.1B | ||
| Q1 25 | $3.0B | $3.0B | ||
| Q4 24 | $2.9B | $2.9B | ||
| Q3 24 | $3.1B | $2.9B | ||
| Q2 24 | $3.0B | $2.8B | ||
| Q1 24 | $4.1B | $2.8B |
总资产NVSTRBC
| Q4 25 | $5.7B | $5.1B | ||
| Q3 25 | $5.6B | $5.1B | ||
| Q2 25 | $5.7B | $4.8B | ||
| Q1 25 | $5.5B | $4.7B | ||
| Q4 24 | $5.4B | $4.7B | ||
| Q3 24 | $5.5B | $4.7B | ||
| Q2 24 | $5.4B | $4.7B | ||
| Q1 24 | $6.6B | $4.7B |
负债/权益比NVSTRBC
| Q4 25 | 0.47× | 0.30× | ||
| Q3 25 | 0.47× | 0.34× | ||
| Q2 25 | 0.46× | 0.29× | ||
| Q1 25 | 0.47× | 0.30× | ||
| Q4 24 | 0.48× | — | ||
| Q3 24 | 0.46× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.36× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $91.7M | $99.1M |
| 自由现金流率自由现金流/营收 | 12.2% | 21.5% |
| 资本支出强度资本支出/营收 | 2.2% | 5.0% |
| 现金转化率经营现金流/净利润 | 3.28× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $230.4M | — |
8季度趋势，按日历期对齐
经营现金流NVSTRBC
| Q4 25 | $108.0M | $122.1M | ||
| Q3 25 | $78.7M | $88.4M | ||
| Q2 25 | $88.7M | $120.0M | ||
| Q1 25 | $300.0K | — | ||
| Q4 24 | $132.4M | $84.0M | ||
| Q3 24 | $70.7M | — | ||
| Q2 24 | $93.1M | $97.4M | ||
| Q1 24 | $40.3M | — |
自由现金流NVSTRBC
| Q4 25 | $91.7M | $99.1M | ||
| Q3 25 | $67.9M | $71.7M | ||
| Q2 25 | $76.4M | $104.3M | ||
| Q1 25 | $-5.6M | — | ||
| Q4 24 | $123.8M | $73.6M | ||
| Q3 24 | $63.3M | — | ||
| Q2 24 | $86.3M | $88.4M | ||
| Q1 24 | $29.3M | — |
自由现金流率NVSTRBC
| Q4 25 | 12.2% | 21.5% | ||
| Q3 25 | 10.1% | 15.7% | ||
| Q2 25 | 11.2% | 23.9% | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 19.0% | 18.7% | ||
| Q3 24 | 10.5% | — | ||
| Q2 24 | 13.6% | 21.8% | ||
| Q1 24 | 4.7% | — |
资本支出强度NVSTRBC
| Q4 25 | 2.2% | 5.0% | ||
| Q3 25 | 1.6% | 3.7% | ||
| Q2 25 | 1.8% | 3.6% | ||
| Q1 25 | 1.0% | 3.2% | ||
| Q4 24 | 1.3% | 2.6% | ||
| Q3 24 | 1.2% | 4.1% | ||
| Q2 24 | 1.1% | 2.2% | ||
| Q1 24 | 1.8% | — |
现金转化率NVSTRBC
| Q4 25 | 3.28× | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 3.36× | 1.75× | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 110.33× | 1.45× | ||
| Q3 24 | 8.62× | — | ||
| Q2 24 | — | 1.59× | ||
| Q1 24 | 1.71× | — |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
