vs
Otter Tail Corp（OTTR）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Otter Tail Corp的1.5倍（$461.6M vs $308.1M），Otter Tail Corp净利率更高（16.8% vs 14.6%，领先2.2%），RBC Bearings INC同比增速更快（17.0% vs 1.6%），RBC Bearings INC自由现金流更多（$99.1M vs $22.3M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs -5.8%）
Otter Tail公司是总部位于美国明尼苏达州弗格斯福尔斯的电力与制造企业，旗下拥有Otter Tail电力公司、BTD制造、T.O.塑料、北方管道产品以及Vinyltech等多家子公司，业务覆盖电力供应及多元制造领域。
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。
OTTR vs RBC — 直观对比
营收规模更大
RBC
是对方的1.5倍
$308.1M
营收增速更快
RBC
高出15.4%
1.6%
净利率更高
OTTR
高出2.2%
14.6%
自由现金流更多
RBC
多$76.8M
$22.3M
两年增速更快
RBC
近两年复合增速
-5.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $308.1M | $461.6M |
| 净利润 | $51.8M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 21.9% | 22.3% |
| 净利率 | 16.8% | 14.6% |
| 营收同比 | 1.6% | 17.0% |
| 净利润同比 | -5.6% | 16.4% |
| 每股收益（稀释后） | $1.22 | $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OTTRRBC
| Q4 25 | $308.1M | $461.6M | ||
| Q3 25 | $325.6M | $455.3M | ||
| Q2 25 | $333.0M | $436.0M | ||
| Q1 25 | $337.4M | $437.7M | ||
| Q4 24 | $303.1M | $394.4M | ||
| Q3 24 | $338.0M | $397.9M | ||
| Q2 24 | $342.3M | $406.3M | ||
| Q1 24 | $347.1M | $413.7M |
净利润OTTRRBC
| Q4 25 | $51.8M | $67.4M | ||
| Q3 25 | $78.3M | $60.0M | ||
| Q2 25 | $77.7M | $68.5M | ||
| Q1 25 | $68.1M | $72.7M | ||
| Q4 24 | $54.9M | $57.9M | ||
| Q3 24 | $85.5M | $54.2M | ||
| Q2 24 | $87.0M | $61.4M | ||
| Q1 24 | $74.3M | — |
毛利率OTTRRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% | ||
| Q1 24 | — | 43.1% |
营业利润率OTTRRBC
| Q4 25 | 21.9% | 22.3% | ||
| Q3 25 | 29.7% | 21.5% | ||
| Q2 25 | 29.3% | 23.2% | ||
| Q1 25 | 24.9% | 23.0% | ||
| Q4 24 | 22.0% | 21.7% | ||
| Q3 24 | 31.8% | 21.6% | ||
| Q2 24 | 32.4% | 24.0% | ||
| Q1 24 | 27.4% | 22.8% |
净利率OTTRRBC
| Q4 25 | 16.8% | 14.6% | ||
| Q3 25 | 24.0% | 13.2% | ||
| Q2 25 | 23.3% | 15.7% | ||
| Q1 25 | 20.2% | 16.6% | ||
| Q4 24 | 18.1% | 14.7% | ||
| Q3 24 | 25.3% | 13.6% | ||
| Q2 24 | 25.4% | 15.1% | ||
| Q1 24 | 21.4% | — |
每股收益（稀释后）OTTRRBC
| Q4 25 | $1.22 | $2.13 | ||
| Q3 25 | $1.86 | $1.90 | ||
| Q2 25 | $1.85 | $2.17 | ||
| Q1 25 | $1.62 | $2.33 | ||
| Q4 24 | $1.30 | $1.82 | ||
| Q3 24 | $2.03 | $1.65 | ||
| Q2 24 | $2.07 | $1.90 | ||
| Q1 24 | $1.77 | $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 | $440.5M | $107.6M |
| 总债务越低越好 | $963.6M | $990.2M |
| 股东权益账面价值 | $1.9B | $3.3B |
| 总资产 | $4.0B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.52× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资OTTRRBC
| Q4 25 | $440.5M | $107.6M | ||
| Q3 25 | $379.7M | $91.2M | ||
| Q2 25 | $307.2M | $132.9M | ||
| Q1 25 | $284.8M | $36.8M | ||
| Q4 24 | $295.4M | — | ||
| Q3 24 | $280.0M | — | ||
| Q2 24 | $230.7M | $76.8M | ||
| Q1 24 | $238.2M | $63.5M |
总债务OTTRRBC
| Q4 25 | $963.6M | $990.2M | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $1.0B | $915.6M | ||
| Q1 25 | $993.5M | $920.1M | ||
| Q4 24 | $943.7M | — | ||
| Q3 24 | $947.0M | — | ||
| Q2 24 | $947.0M | — | ||
| Q1 24 | $947.0M | $1.2B |
股东权益OTTRRBC
| Q4 25 | $1.9B | $3.3B | ||
| Q3 25 | $1.8B | $3.2B | ||
| Q2 25 | $1.8B | $3.1B | ||
| Q1 25 | $1.7B | $3.0B | ||
| Q4 24 | $1.7B | $2.9B | ||
| Q3 24 | $1.6B | $2.9B | ||
| Q2 24 | $1.6B | $2.8B | ||
| Q1 24 | $1.5B | $2.8B |
总资产OTTRRBC
| Q4 25 | $4.0B | $5.1B | ||
| Q3 25 | $3.8B | $5.1B | ||
| Q2 25 | $3.8B | $4.8B | ||
| Q1 25 | $3.7B | $4.7B | ||
| Q4 24 | $3.7B | $4.7B | ||
| Q3 24 | $3.6B | $4.7B | ||
| Q2 24 | $3.5B | $4.7B | ||
| Q1 24 | $3.3B | $4.7B |
负债/权益比OTTRRBC
| Q4 25 | 0.52× | 0.30× | ||
| Q3 25 | 0.57× | 0.34× | ||
| Q2 25 | 0.59× | 0.29× | ||
| Q1 25 | 0.58× | 0.30× | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 0.58× | — | ||
| Q2 24 | 0.60× | — | ||
| Q1 24 | 0.63× | 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 | $97.0M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $22.3M | $99.1M |
| 自由现金流率自由现金流/营收 | 7.2% | 21.5% |
| 资本支出强度资本支出/营收 | 24.3% | 5.0% |
| 现金转化率经营现金流/净利润 | 1.87× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $97.9M | — |
8季度趋势，按日历期对齐
经营现金流OTTRRBC
| Q4 25 | $97.0M | $122.1M | ||
| Q3 25 | $129.6M | $88.4M | ||
| Q2 25 | $119.9M | $120.0M | ||
| Q1 25 | $39.5M | — | ||
| Q4 24 | $130.0M | $84.0M | ||
| Q3 24 | $99.3M | — | ||
| Q2 24 | $151.5M | $97.4M | ||
| Q1 24 | $71.9M | — |
自由现金流OTTRRBC
| Q4 25 | $22.3M | $99.1M | ||
| Q3 25 | $40.5M | $71.7M | ||
| Q2 25 | $53.7M | $104.3M | ||
| Q1 25 | $-18.5M | — | ||
| Q4 24 | $31.1M | $73.6M | ||
| Q3 24 | $15.1M | — | ||
| Q2 24 | $50.1M | $88.4M | ||
| Q1 24 | $-2.1M | — |
自由现金流率OTTRRBC
| Q4 25 | 7.2% | 21.5% | ||
| Q3 25 | 12.4% | 15.7% | ||
| Q2 25 | 16.1% | 23.9% | ||
| Q1 25 | -5.5% | — | ||
| Q4 24 | 10.2% | 18.7% | ||
| Q3 24 | 4.5% | — | ||
| Q2 24 | 14.6% | 21.8% | ||
| Q1 24 | -0.6% | — |
资本支出强度OTTRRBC
| Q4 25 | 24.3% | 5.0% | ||
| Q3 25 | 27.4% | 3.7% | ||
| Q2 25 | 19.9% | 3.6% | ||
| Q1 25 | 17.2% | 3.2% | ||
| Q4 24 | 32.6% | 2.6% | ||
| Q3 24 | 24.9% | 4.1% | ||
| Q2 24 | 29.6% | 2.2% | ||
| Q1 24 | 21.3% | — |
现金转化率OTTRRBC
| Q4 25 | 1.87× | 1.81× | ||
| Q3 25 | 1.65× | 1.47× | ||
| Q2 25 | 1.54× | 1.75× | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 2.37× | 1.45× | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.74× | 1.59× | ||
| Q1 24 | 0.97× | — |
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
OTTR
| Retail Commercial And Industrial | $91.0M | 30% |
| Plastics | $81.2M | 26% |
| Manufacturing | $77.2M | 25% |
| Retail Residential | $35.8M | 12% |
| Electric Transmission | $14.4M | 5% |
| Plastic Products | $9.2M | 3% |
| Electric Product Other | $1.8M | 1% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
