vs
欧文斯科宁（OC）与Taylor Morrison Home Corp（TMHC）财务数据对比。点击上方公司名可切换其他公司
欧文斯科宁的季度营收约是Taylor Morrison Home Corp的1.5倍（$2.1B vs $1.4B），Taylor Morrison Home Corp净利率更高（7.1% vs -13.9%，领先21.0%），欧文斯科宁同比增速更快（-24.6% vs -26.8%），过去两年欧文斯科宁的营收复合增速更高（-3.5% vs -16.5%）
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
泰勒莫里森住房公司是美国规模最大的住宅建筑商之一，总部位于亚利桑那州斯科茨代尔，2007年7月由泰勒伍德罗与莫里森住房合并成立。公司业务覆盖亚利桑那、加利福尼亚、得克萨斯等十余个州，产品涵盖首次置业、中端及中高端住宅，可满足不同层级客户的住房需求。
OC vs TMHC — 直观对比
营收规模更大
OC
是对方的1.5倍
$1.4B
营收增速更快
OC
高出2.3%
-26.8%
净利率更高
TMHC
高出21.0%
-13.9%
两年增速更快
OC
近两年复合增速
-16.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.4B |
| 净利润 | $-298.0M | $98.6M |
| 毛利率 | 23.2% | 21.0% |
| 营业利润率 | -10.5% | — |
| 净利率 | -13.9% | 7.1% |
| 营收同比 | -24.6% | -26.8% |
| 净利润同比 | -15.5% | -53.8% |
| 每股收益（稀释后） | $-3.47 | $1.12 |
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OCTMHC
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.1B | $2.1B | ||
| Q3 25 | $2.7B | $2.1B | ||
| Q2 25 | $2.7B | $2.0B | ||
| Q1 25 | $2.5B | $1.9B | ||
| Q4 24 | $2.8B | $2.4B | ||
| Q3 24 | $3.0B | $2.1B | ||
| Q2 24 | $2.8B | $2.0B |
净利润OCTMHC
| Q1 26 | — | $98.6M | ||
| Q4 25 | $-298.0M | $174.0M | ||
| Q3 25 | $-494.0M | $201.4M | ||
| Q2 25 | $363.0M | $193.6M | ||
| Q1 25 | $-93.0M | $213.5M | ||
| Q4 24 | $-258.0M | $242.5M | ||
| Q3 24 | $321.0M | $251.1M | ||
| Q2 24 | $285.0M | $199.5M |
毛利率OCTMHC
| Q1 26 | — | 21.0% | ||
| Q4 25 | 23.2% | 22.0% | ||
| Q3 25 | 28.2% | 22.7% | ||
| Q2 25 | 31.2% | 23.0% | ||
| Q1 25 | 28.7% | 24.4% | ||
| Q4 24 | 28.1% | 23.9% | ||
| Q3 24 | 29.8% | 25.0% | ||
| Q2 24 | 31.1% | 23.7% |
营业利润率OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | -10.5% | — | ||
| Q3 25 | -12.2% | — | ||
| Q2 25 | 18.4% | — | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | -8.5% | — | ||
| Q3 24 | 16.7% | — | ||
| Q2 24 | 16.4% | — |
净利率OCTMHC
| Q1 26 | — | 7.1% | ||
| Q4 25 | -13.9% | 8.3% | ||
| Q3 25 | -18.4% | 9.6% | ||
| Q2 25 | 13.2% | 9.5% | ||
| Q1 25 | -3.7% | 11.3% | ||
| Q4 24 | -9.1% | 10.3% | ||
| Q3 24 | 10.5% | 11.8% | ||
| Q2 24 | 10.2% | 10.0% |
每股收益（稀释后）OCTMHC
| Q1 26 | — | $1.12 | ||
| Q4 25 | $-3.47 | $1.77 | ||
| Q3 25 | $-5.92 | $2.01 | ||
| Q2 25 | $4.25 | $1.92 | ||
| Q1 25 | $-1.08 | $2.07 | ||
| Q4 24 | $-2.92 | $2.29 | ||
| Q3 24 | $3.65 | $2.37 | ||
| Q2 24 | $3.24 | $1.86 |
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 | $345.0M | $652.9M |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $3.9B | $6.2B |
| 总资产 | $13.0B | $9.8B |
| 负债/权益比越低杠杆越低 | 1.22× | — |
8季度趋势，按日历期对齐
现金及短期投资OCTMHC
| Q1 26 | — | $652.9M | ||
| Q4 25 | $345.0M | $850.0M | ||
| Q3 25 | $286.0M | $370.6M | ||
| Q2 25 | $230.0M | $130.2M | ||
| Q1 25 | $400.0M | $377.8M | ||
| Q4 24 | $361.0M | $487.2M | ||
| Q3 24 | $499.0M | $256.4M | ||
| Q2 24 | $254.0M | $246.8M |
总债务OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | $4.7B | $2.3B | ||
| Q3 25 | $4.7B | $2.2B | ||
| Q2 25 | $5.1B | $2.1B | ||
| Q1 25 | $5.0B | $2.1B | ||
| Q4 24 | $5.1B | $2.1B | ||
| Q3 24 | $5.0B | $2.1B | ||
| Q2 24 | $5.0B | $2.2B |
股东权益OCTMHC
| Q1 26 | — | $6.2B | ||
| Q4 25 | $3.9B | $6.3B | ||
| Q3 25 | $4.4B | $6.2B | ||
| Q2 25 | $5.2B | $6.1B | ||
| Q1 25 | $4.9B | $6.0B | ||
| Q4 24 | $5.1B | $5.9B | ||
| Q3 24 | $5.6B | $5.7B | ||
| Q2 24 | $5.5B | $5.5B |
总资产OCTMHC
| Q1 26 | — | $9.8B | ||
| Q4 25 | $13.0B | $9.8B | ||
| Q3 25 | $13.5B | $9.6B | ||
| Q2 25 | $14.5B | $9.5B | ||
| Q1 25 | $14.3B | $9.4B | ||
| Q4 24 | $14.1B | $9.3B | ||
| Q3 24 | $15.1B | $9.3B | ||
| Q2 24 | $15.0B | $9.1B |
负债/权益比OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | 1.22× | 0.36× | ||
| Q3 25 | 1.06× | 0.35× | ||
| Q2 25 | 0.98× | 0.35× | ||
| Q1 25 | 1.03× | 0.35× | ||
| Q4 24 | 1.01× | 0.36× | ||
| Q3 24 | 0.89× | 0.37× | ||
| Q2 24 | 0.92× | 0.39× |
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 | $590.0M | — |
| 自由现金流经营现金流 - 资本支出 | $333.0M | — |
| 自由现金流率自由现金流/营收 | 15.5% | — |
| 资本支出强度资本支出/营收 | 12.0% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $962.0M | — |
8季度趋势，按日历期对齐
经营现金流OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | $590.0M | $646.4M | ||
| Q3 25 | $918.0M | $219.6M | ||
| Q2 25 | $327.0M | $-126.0M | ||
| Q1 25 | $-49.0M | $77.2M | ||
| Q4 24 | $676.0M | $438.2M | ||
| Q3 24 | $699.0M | $135.9M | ||
| Q2 24 | $493.0M | $-233.3M |
自由现金流OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | $333.0M | $635.3M | ||
| Q3 25 | $752.0M | $206.6M | ||
| Q2 25 | $129.0M | $-133.6M | ||
| Q1 25 | $-252.0M | $68.7M | ||
| Q4 24 | $479.0M | $428.2M | ||
| Q3 24 | $558.0M | $127.1M | ||
| Q2 24 | $336.0M | $-241.7M |
自由现金流率OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | 15.5% | 30.3% | ||
| Q3 25 | 28.0% | 9.9% | ||
| Q2 25 | 4.7% | -6.6% | ||
| Q1 25 | -10.0% | 3.6% | ||
| Q4 24 | 16.9% | 18.2% | ||
| Q3 24 | 18.3% | 6.0% | ||
| Q2 24 | 12.0% | -12.1% |
资本支出强度OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 0.5% | ||
| Q3 25 | 6.2% | 0.6% | ||
| Q2 25 | 7.2% | 0.4% | ||
| Q1 25 | 8.0% | 0.4% | ||
| Q4 24 | 6.9% | 0.4% | ||
| Q3 24 | 4.6% | 0.4% | ||
| Q2 24 | 5.6% | 0.4% |
现金转化率OCTMHC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | — | 1.09× | ||
| Q2 25 | 0.90× | -0.65× | ||
| Q1 25 | — | 0.36× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | 2.18× | 0.54× | ||
| Q2 24 | 1.73× | -1.17× |
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
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
TMHC
| Home closings revenue, net | $1.3B | 95% |
| Financial services revenue, net | $49.3M | 4% |
| Land closings revenue | $14.5M | 1% |
| Amenity and other revenue | $11.9M | 1% |
