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OCTAVE SPECIALTY GROUP INC（OSG）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是OCTAVE SPECIALTY GROUP INC的1.8倍（$117.7M vs $66.9M），RESOURCES CONNECTION, INC.净利率更高（-10.8% vs -73.8%，领先63.0%），OCTAVE SPECIALTY GROUP INC同比增速更快（2.6% vs -19.2%），过去两年OCTAVE SPECIALTY GROUP INC的营收复合增速更高（16.2% vs -11.8%）
奥克塔夫专业集团是一家专业保险控股企业，主营定制化财产与意外伤害保险产品，核心业务聚焦超额剩余保险领域，为北美地区的商业及个人客户提供定制化风险保障解决方案。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
OSG vs RGP — 直观对比
营收规模更大
RGP
是对方的1.8倍
$66.9M
营收增速更快
OSG
高出21.7%
-19.2%
净利率更高
RGP
高出63.0%
-73.8%
两年增速更快
OSG
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $66.9M | $117.7M |
| 净利润 | $-29.7M | $-12.7M |
| 毛利率 | — | 37.1% |
| 营业利润率 | -76.7% | -10.3% |
| 净利率 | -73.8% | -10.8% |
| 营收同比 | 2.6% | -19.2% |
| 净利润同比 | -41.7% | 81.6% |
| 每股收益（稀释后） | $-0.82 | $-0.38 |
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OSGRGP
| Q4 25 | $66.9M | $117.7M | ||
| Q3 25 | $66.6M | $120.2M | ||
| Q2 25 | $55.0M | $139.3M | ||
| Q1 25 | $62.8M | $129.4M | ||
| Q4 24 | $65.2M | $145.6M | ||
| Q3 24 | $70.0M | $136.9M | ||
| Q2 24 | $51.0M | $148.2M | ||
| Q1 24 | $49.6M | $151.3M |
净利润OSGRGP
| Q4 25 | $-29.7M | $-12.7M | ||
| Q3 25 | $-112.6M | $-2.4M | ||
| Q2 25 | $-72.7M | $-73.3M | ||
| Q1 25 | $-44.7M | $-44.1M | ||
| Q4 24 | $-20.9M | $-68.7M | ||
| Q3 24 | $-27.5M | $-5.7M | ||
| Q2 24 | $-750.0K | $10.5M | ||
| Q1 24 | $20.8M | $2.5M |
毛利率OSGRGP
| Q4 25 | — | 37.1% | ||
| Q3 25 | — | 39.5% | ||
| Q2 25 | — | 40.2% | ||
| Q1 25 | — | 35.1% | ||
| Q4 24 | — | 38.5% | ||
| Q3 24 | — | 36.5% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 37.0% |
营业利润率OSGRGP
| Q4 25 | -76.7% | -10.3% | ||
| Q3 25 | -48.2% | -1.7% | ||
| Q2 25 | -41.8% | -47.0% | ||
| Q1 25 | -24.1% | -38.4% | ||
| Q4 24 | -55.5% | -52.7% | ||
| Q3 24 | -29.7% | -3.5% | ||
| Q2 24 | -28.9% | 7.6% | ||
| Q1 24 | -6.5% | 2.8% |
净利率OSGRGP
| Q4 25 | -73.8% | -10.8% | ||
| Q3 25 | -169.1% | -2.0% | ||
| Q2 25 | -132.3% | -52.6% | ||
| Q1 25 | -71.3% | -34.0% | ||
| Q4 24 | -55.1% | -47.2% | ||
| Q3 24 | -39.3% | -4.2% | ||
| Q2 24 | -1.5% | 7.1% | ||
| Q1 24 | 41.9% | 1.7% |
每股收益（稀释后）OSGRGP
| Q4 25 | $-0.82 | $-0.38 | ||
| Q3 25 | $-2.35 | $-0.07 | ||
| Q2 25 | $-1.54 | $-2.21 | ||
| Q1 25 | $-1.22 | $-1.34 | ||
| Q4 24 | $-11.75 | $-2.08 | ||
| Q3 24 | $-0.63 | $-0.17 | ||
| Q2 24 | $-0.02 | $0.31 | ||
| Q1 24 | $0.44 | $0.08 |
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 | $146.4M | $89.8M |
| 总债务越低越好 | $117.6M | — |
| 股东权益账面价值 | $715.8M | $194.6M |
| 总资产 | $2.2B | $289.3M |
| 负债/权益比越低杠杆越低 | 0.16× | — |
8季度趋势，按日历期对齐
现金及短期投资OSGRGP
| Q4 25 | $146.4M | $89.8M | ||
| Q3 25 | $27.5M | $77.5M | ||
| Q2 25 | $22.5M | $86.1M | ||
| Q1 25 | $34.1M | $72.5M | ||
| Q4 24 | $157.2M | $78.2M | ||
| Q3 24 | $40.8M | $89.6M | ||
| Q2 24 | $14.6M | $108.9M | ||
| Q1 24 | $13.8M | $113.8M |
总债务OSGRGP
| Q4 25 | $117.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $518.0M | — | ||
| Q2 24 | $515.0M | — | ||
| Q1 24 | $512.0M | — |
股东权益OSGRGP
| Q4 25 | $715.8M | $194.6M | ||
| Q3 25 | $843.4M | $206.4M | ||
| Q2 25 | $859.8M | $207.1M | ||
| Q1 25 | $852.2M | $277.8M | ||
| Q4 24 | $798.4M | $325.7M | ||
| Q3 24 | $1.5B | $407.2M | ||
| Q2 24 | $1.4B | $418.8M | ||
| Q1 24 | $1.4B | $414.9M |
总资产OSGRGP
| Q4 25 | $2.2B | $289.3M | ||
| Q3 25 | $2.1B | $287.2M | ||
| Q2 25 | $8.5B | $304.7M | ||
| Q1 25 | $8.3B | $375.6M | ||
| Q4 24 | $8.1B | $424.9M | ||
| Q3 24 | $9.3B | $512.9M | ||
| Q2 24 | $8.2B | $510.9M | ||
| Q1 24 | $8.4B | $523.2M |
负债/权益比OSGRGP
| Q4 25 | 0.16× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.38× | — | ||
| Q1 24 | 0.38× | — |
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 | $-52.3M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | — | $15.6M |
| 自由现金流率自由现金流/营收 | — | 13.2% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 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 | — | $24.3M |
8季度趋势，按日历期对齐
经营现金流OSGRGP
| Q4 25 | $-52.3M | $15.9M | ||
| Q3 25 | $-41.2M | $-7.8M | ||
| Q2 25 | $2.1M | $16.8M | ||
| Q1 25 | $-12.6M | $659.0K | ||
| Q4 24 | $762.0K | $1.8M | ||
| Q3 24 | $48.9M | $-309.0K | ||
| Q2 24 | $20.4M | $3.2M | ||
| Q1 24 | $7.1M | $20.5M |
自由现金流OSGRGP
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | $-8.0M | ||
| Q2 25 | — | $16.5M | ||
| Q1 25 | — | $238.0K | ||
| Q4 24 | — | $61.0K | ||
| Q3 24 | — | $-575.0K | ||
| Q2 24 | — | $3.0M | ||
| Q1 24 | — | $20.4M |
自由现金流率OSGRGP
| Q4 25 | — | 13.2% | ||
| Q3 25 | — | -6.6% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | -0.4% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | 13.5% |
资本支出强度OSGRGP
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
现金转化率OSGRGP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | 0.34× | 8.04× |
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
OSG
| Other | $28.7M | 43% |
| Specialty Property Casualty Program | $23.1M | 34% |
| Accident Health | $9.6M | 14% |
| Specialty Automobile | $3.1M | 5% |
| Niche Specialty Risks | $2.4M | 4% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
