vs
OneWater Marine Inc.（ONEW）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
RBC Bearings INC的季度营收约是OneWater Marine Inc.的1.0倍（$461.6M vs $442.3M），RBC Bearings INC净利率更高（14.6% vs -2.9%，领先17.5%），RBC Bearings INC同比增速更快（17.0% vs -8.5%），过去两年OneWater Marine Inc.的营收复合增速更高（8.2% vs 5.6%）
OneWater Marine Inc.是美国头部休闲船舶零售企业，主营全新及二手船只、游艇、船舶零配件销售，同时提供船只维修保养、配套融资等服务，通过覆盖北美多州的经销商网络服务个人及商业休闲船艇客户。
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。
ONEW vs RBC — 直观对比
营收规模更大
RBC
是对方的1.0倍
$442.3M
营收增速更快
RBC
高出25.6%
-8.5%
净利率更高
RBC
高出17.5%
-2.9%
两年增速更快
ONEW
近两年复合增速
5.6%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $442.3M | $461.6M |
| 净利润 | $-12.9M | $67.4M |
| 毛利率 | 23.9% | 44.3% |
| 营业利润率 | 1.7% | 22.3% |
| 净利率 | -2.9% | 14.6% |
| 营收同比 | -8.5% | 17.0% |
| 净利润同比 | — | 16.4% |
| 每股收益（稀释后） | $-0.78 | $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ONEWRBC
| Q2 26 | $442.3M | — | ||
| Q1 26 | $380.6M | — | ||
| Q4 25 | $380.6M | $461.6M | ||
| Q3 25 | $460.1M | $455.3M | ||
| Q2 25 | $552.9M | $436.0M | ||
| Q1 25 | $483.5M | $437.7M | ||
| Q4 24 | $375.8M | $394.4M | ||
| Q3 24 | $377.9M | $397.9M |
净利润ONEWRBC
| Q2 26 | $-12.9M | — | ||
| Q1 26 | $-7.7M | — | ||
| Q4 25 | $-7.7M | $67.4M | ||
| Q3 25 | $-113.0M | $60.0M | ||
| Q2 25 | $10.7M | $68.5M | ||
| Q1 25 | $-368.0K | $72.7M | ||
| Q4 24 | $-12.0M | $57.9M | ||
| Q3 24 | $-9.2M | $54.2M |
毛利率ONEWRBC
| Q2 26 | 23.9% | — | ||
| Q1 26 | 23.5% | — | ||
| Q4 25 | 23.5% | 44.3% | ||
| Q3 25 | 22.6% | 44.1% | ||
| Q2 25 | 23.3% | 44.8% | ||
| Q1 25 | 22.8% | 44.2% | ||
| Q4 24 | 22.4% | 44.3% | ||
| Q3 24 | 24.0% | 43.7% |
营业利润率ONEWRBC
| Q2 26 | 1.7% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | 22.3% | ||
| Q3 25 | -28.3% | 21.5% | ||
| Q2 25 | 5.5% | 23.2% | ||
| Q1 25 | 3.4% | 23.0% | ||
| Q4 24 | -0.5% | 21.7% | ||
| Q3 24 | 1.2% | 21.6% |
净利率ONEWRBC
| Q2 26 | -2.9% | — | ||
| Q1 26 | -2.0% | — | ||
| Q4 25 | -2.0% | 14.6% | ||
| Q3 25 | -24.5% | 13.2% | ||
| Q2 25 | 1.9% | 15.7% | ||
| Q1 25 | -0.1% | 16.6% | ||
| Q4 24 | -3.2% | 14.7% | ||
| Q3 24 | -2.4% | 13.6% |
每股收益（稀释后）ONEWRBC
| Q2 26 | $-0.78 | — | ||
| Q1 26 | $-0.47 | — | ||
| Q4 25 | — | $2.13 | ||
| Q3 25 | — | $1.90 | ||
| Q2 25 | — | $2.17 | ||
| Q1 25 | — | $2.33 | ||
| Q4 24 | — | $1.82 | ||
| Q3 24 | — | $1.65 |
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 | — | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $269.4M | $3.3B |
| 总资产 | $1.4B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $107.6M | ||
| Q3 25 | — | $91.2M | ||
| Q2 25 | — | $132.9M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
总债务ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
股东权益ONEWRBC
| Q2 26 | $269.4M | — | ||
| Q1 26 | $277.5M | — | ||
| Q4 25 | $277.5M | $3.3B | ||
| Q3 25 | $285.0M | $3.2B | ||
| Q2 25 | $393.2M | $3.1B | ||
| Q1 25 | $381.6M | $3.0B | ||
| Q4 24 | $354.8M | $2.9B | ||
| Q3 24 | $360.8M | $2.9B |
总资产ONEWRBC
| Q2 26 | $1.4B | — | ||
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $5.1B | ||
| Q3 25 | $1.4B | $5.1B | ||
| Q2 25 | $1.5B | $4.8B | ||
| Q1 25 | $1.6B | $4.7B | ||
| Q4 24 | $1.6B | $4.7B | ||
| Q3 24 | $1.6B | $4.7B |
负债/权益比ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
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 | — | $122.1M |
| 自由现金流经营现金流 - 资本支出 | — | $99.1M |
| 自由现金流率自由现金流/营收 | — | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-76.3M | $122.1M | ||
| Q3 25 | $9.9M | $88.4M | ||
| Q2 25 | $90.8M | $120.0M | ||
| Q1 25 | $28.5M | — | ||
| Q4 24 | $-37.4M | $84.0M | ||
| Q3 24 | $27.3M | — |
自由现金流ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-78.2M | $99.1M | ||
| Q3 25 | $7.2M | $71.7M | ||
| Q2 25 | $88.9M | $104.3M | ||
| Q1 25 | $23.7M | — | ||
| Q4 24 | $-40.0M | $73.6M | ||
| Q3 24 | $23.2M | — |
自由现金流率ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -20.6% | 21.5% | ||
| Q3 25 | 1.6% | 15.7% | ||
| Q2 25 | 16.1% | 23.9% | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | -10.7% | 18.7% | ||
| Q3 24 | 6.1% | — |
资本支出强度ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 5.0% | ||
| Q3 25 | 0.6% | 3.7% | ||
| Q2 25 | 0.4% | 3.6% | ||
| Q1 25 | 1.0% | 3.2% | ||
| Q4 24 | 0.7% | 2.6% | ||
| Q3 24 | 1.1% | 4.1% |
现金转化率ONEWRBC
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 8.47× | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — |
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
ONEW
| New boat | $272.0M | 62% |
| Pre-owned boat | $94.4M | 21% |
| Service, parts & other | $61.9M | 14% |
| Finance & insurance income | $14.0M | 3% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
