vs
新闻集团（NWSA）与PulteGroup（PHM）财务数据对比。点击上方公司名可切换其他公司
PulteGroup的季度营收约是新闻集团的1.4倍（$3.4B vs $2.4B），PulteGroup净利率更高（10.2% vs 8.2%，领先2.0%），新闻集团同比增速更快（5.5% vs -12.4%），过去两年新闻集团的营收复合增速更高（-1.3% vs -13.9%）
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
PulteGroup Inc.是总部位于美国佐治亚州亚特兰大的住宅建造企业，2023年按房屋交付量统计为美国第三大住宅建造商，自成立以来累计已建成超过77.5万套住宅，是美国住宅开发领域的领先企业之一。
NWSA vs PHM — 直观对比
营收规模更大
PHM
是对方的1.4倍
$2.4B
营收增速更快
NWSA
高出18.0%
-12.4%
净利率更高
PHM
高出2.0%
8.2%
两年增速更快
NWSA
近两年复合增速
-13.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $3.4B |
| 净利润 | $193.0M | $347.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 8.2% | 10.2% |
| 营收同比 | 5.5% | -12.4% |
| 净利润同比 | -10.2% | -33.6% |
| 每股收益（稀释后） | $0.34 | — |
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NWSAPHM
| Q1 26 | — | $3.4B | ||
| Q4 25 | $2.4B | $4.6B | ||
| Q3 25 | $2.1B | $4.4B | ||
| Q2 25 | $1.6B | $4.4B | ||
| Q1 25 | $2.0B | $3.9B | ||
| Q4 24 | $2.2B | $4.9B | ||
| Q3 24 | $2.6B | $4.5B | ||
| Q2 24 | $2.6B | $4.6B |
净利润NWSAPHM
| Q1 26 | — | $347.0M | ||
| Q4 25 | $193.0M | $501.6M | ||
| Q3 25 | $112.0M | $585.8M | ||
| Q2 25 | $743.0M | $608.5M | ||
| Q1 25 | $103.0M | $522.8M | ||
| Q4 24 | $215.0M | $913.2M | ||
| Q3 24 | $119.0M | $697.9M | ||
| Q2 24 | $50.0M | $809.1M |
毛利率NWSAPHM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 30.4% | ||
| Q2 24 | — | 31.4% |
营业利润率NWSAPHM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 8.5% | — | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | 4.3% | — |
净利率NWSAPHM
| Q1 26 | — | 10.2% | ||
| Q4 25 | 8.2% | 10.9% | ||
| Q3 25 | 5.2% | 13.3% | ||
| Q2 25 | 45.6% | 13.8% | ||
| Q1 25 | 5.1% | 13.4% | ||
| Q4 24 | 9.6% | 18.6% | ||
| Q3 24 | 4.6% | 15.6% | ||
| Q2 24 | 1.9% | 17.6% |
每股收益（稀释后）NWSAPHM
| Q1 26 | — | — | ||
| Q4 25 | $0.34 | $2.56 | ||
| Q3 25 | $0.20 | $2.96 | ||
| Q2 25 | $1.30 | $3.03 | ||
| Q1 25 | $0.18 | $2.57 | ||
| Q4 24 | $0.38 | $4.41 | ||
| Q3 24 | $0.21 | $3.35 | ||
| Q2 24 | $0.09 | $3.83 |
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 | $2.1B | $1.8B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $8.8B | $13.0B |
| 总资产 | $15.5B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.22× | — |
8季度趋势，按日历期对齐
现金及短期投资NWSAPHM
| Q1 26 | — | $1.8B | ||
| Q4 25 | $2.1B | $2.0B | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.4B | $1.2B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $2.0B | $1.4B |
总债务NWSAPHM
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $43.9M | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $31.1M | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — |
股东权益NWSAPHM
| Q1 26 | — | $13.0B | ||
| Q4 25 | $8.8B | $13.0B | ||
| Q3 25 | $8.7B | $12.8B | ||
| Q2 25 | $8.8B | $12.6B | ||
| Q1 25 | $8.2B | $12.3B | ||
| Q4 24 | $8.1B | $12.1B | ||
| Q3 24 | $8.3B | $11.6B | ||
| Q2 24 | $8.1B | $11.2B |
总资产NWSAPHM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $15.5B | $18.0B | ||
| Q3 25 | $15.3B | $17.9B | ||
| Q2 25 | $15.5B | $17.6B | ||
| Q1 25 | $16.6B | $17.3B | ||
| Q4 24 | $16.2B | $17.4B | ||
| Q3 24 | $16.9B | $17.0B | ||
| Q2 24 | $16.7B | $16.5B |
负债/权益比NWSAPHM
| Q1 26 | — | — | ||
| Q4 25 | 0.22× | 0.00× | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.24× | 0.00× | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.36× | — |
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 | $231.0M | $159.8M |
| 自由现金流经营现金流 - 资本支出 | $132.0M | — |
| 自由现金流率自由现金流/营收 | 5.6% | — |
| 资本支出强度资本支出/营收 | 4.2% | 0.7% |
| 现金转化率经营现金流/净利润 | 1.20× | 0.46× |
| 过去12个月自由现金流最近4个季度 | $586.0M | — |
8季度趋势，按日历期对齐
经营现金流NWSAPHM
| Q1 26 | — | $159.8M | ||
| Q4 25 | $231.0M | $771.1M | ||
| Q3 25 | $85.0M | $678.4M | ||
| Q2 25 | $189.0M | $287.5M | ||
| Q1 25 | $511.0M | $134.2M | ||
| Q4 24 | $252.0M | $567.6M | ||
| Q3 24 | $64.0M | $455.9M | ||
| Q2 24 | $254.0M | $417.5M |
自由现金流NWSAPHM
| Q1 26 | — | — | ||
| Q4 25 | $132.0M | $739.8M | ||
| Q3 25 | $4.0M | $651.1M | ||
| Q2 25 | $32.0M | $253.0M | ||
| Q1 25 | $418.0M | $104.6M | ||
| Q4 24 | $190.0M | $543.1M | ||
| Q3 24 | $-31.0M | $417.2M | ||
| Q2 24 | $111.0M | $386.2M |
自由现金流率NWSAPHM
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 16.0% | ||
| Q3 25 | 0.2% | 14.8% | ||
| Q2 25 | 2.0% | 5.7% | ||
| Q1 25 | 20.8% | 2.7% | ||
| Q4 24 | 8.5% | 11.0% | ||
| Q3 24 | -1.2% | 9.3% | ||
| Q2 24 | 4.3% | 8.4% |
资本支出强度NWSAPHM
| Q1 26 | — | 0.7% | ||
| Q4 25 | 4.2% | 0.7% | ||
| Q3 25 | 3.8% | 0.6% | ||
| Q2 25 | 9.6% | 0.8% | ||
| Q1 25 | 4.6% | 0.8% | ||
| Q4 24 | 2.8% | 0.5% | ||
| Q3 24 | 3.7% | 0.9% | ||
| Q2 24 | 5.5% | 0.7% |
现金转化率NWSAPHM
| Q1 26 | — | 0.46× | ||
| Q4 25 | 1.20× | 1.54× | ||
| Q3 25 | 0.76× | 1.16× | ||
| Q2 25 | 0.25× | 0.47× | ||
| Q1 25 | 4.96× | 0.26× | ||
| Q4 24 | 1.17× | 0.62× | ||
| Q3 24 | 0.54× | 0.65× | ||
| Q2 24 | 5.08× | 0.52× |
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
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
PHM
| Home sale revenues | $3.3B | 97% |
| Financial Services | $71.7M | 2% |
| Land sale and other revenues | $29.3M | 1% |
