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帕森斯公司（PSN）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
帕森斯公司的季度营收约是罗致恒富的1.2倍（$1.6B vs $1.3B），罗致恒富同比增速更快（-5.8% vs -7.5%），罗致恒富自由现金流更多（$170.8M vs $135.6M），过去两年帕森斯公司的营收复合增速更高（2.2% vs -6.1%）
帕森斯公司是一家总部位于美国弗吉尼亚州尚蒂利的跨国企业，1944年成立，核心业务覆盖国防、情报、基础设施工程领域，深耕技术研发，在全球30多个国家为政府及私营部门客户提供专业解决方案。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
PSN vs RHI — 直观对比
营收规模更大
PSN
是对方的1.2倍
$1.3B
营收增速更快
RHI
高出1.7%
-7.5%
自由现金流更多
RHI
多$35.2M
$135.6M
两年增速更快
PSN
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.3B |
| 净利润 | $55.6M | — |
| 毛利率 | 23.0% | 37.6% |
| 营业利润率 | 6.6% | 1.7% |
| 净利率 | 3.5% | — |
| 营收同比 | -7.5% | -5.8% |
| 净利润同比 | -72.4% | — |
| 每股收益（稀释后） | $0.51 | $0.32 |
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PSNRHI
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.8B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.5B | $1.5B |
净利润PSNRHI
| Q4 25 | $55.6M | — | ||
| Q3 25 | $64.1M | $42.9M | ||
| Q2 25 | $55.2M | $41.0M | ||
| Q1 25 | $66.2M | $17.4M | ||
| Q4 24 | $201.3M | — | ||
| Q3 24 | $72.0M | $65.5M | ||
| Q2 24 | $69.2M | $68.2M | ||
| Q1 24 | $-107.4M | $63.7M |
毛利率PSNRHI
| Q4 25 | 23.0% | 37.6% | ||
| Q3 25 | 22.2% | 37.2% | ||
| Q2 25 | 22.0% | 37.2% | ||
| Q1 25 | 22.8% | 36.9% | ||
| Q4 24 | 21.3% | 38.8% | ||
| Q3 24 | 19.9% | 39.0% | ||
| Q2 24 | 21.0% | 39.2% | ||
| Q1 24 | 21.2% | 38.1% |
营业利润率PSNRHI
| Q4 25 | 6.6% | 1.7% | ||
| Q3 25 | 6.7% | 1.0% | ||
| Q2 25 | 6.0% | 0.1% | ||
| Q1 25 | 7.0% | 2.9% | ||
| Q4 24 | 5.8% | 4.7% | ||
| Q3 24 | 6.4% | 4.1% | ||
| Q2 24 | 6.7% | 5.1% | ||
| Q1 24 | 6.6% | 2.8% |
净利率PSNRHI
| Q4 25 | 3.5% | — | ||
| Q3 25 | 4.0% | 3.2% | ||
| Q2 25 | 3.5% | 3.0% | ||
| Q1 25 | 4.3% | 1.3% | ||
| Q4 24 | 11.6% | — | ||
| Q3 24 | 4.0% | 4.5% | ||
| Q2 24 | 4.1% | 4.6% | ||
| Q1 24 | -7.0% | 4.3% |
每股收益（稀释后）PSNRHI
| Q4 25 | $0.51 | $0.32 | ||
| Q3 25 | $0.59 | $0.43 | ||
| Q2 25 | $0.50 | $0.41 | ||
| Q1 25 | $0.60 | $0.17 | ||
| Q4 24 | $1.85 | $0.53 | ||
| Q3 24 | $0.65 | $0.64 | ||
| Q2 24 | $0.63 | $0.66 | ||
| Q1 24 | $-1.01 | $0.61 |
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 | $466.4M | $464.4M |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $2.6B | $1.3B |
| 总资产 | $5.8B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资PSNRHI
| Q4 25 | $466.4M | $464.4M | ||
| Q3 25 | $422.6M | $365.3M | ||
| Q2 25 | $411.3M | $380.5M | ||
| Q1 25 | $269.7M | $342.5M | ||
| Q4 24 | $453.5M | $537.6M | ||
| Q3 24 | $558.8M | $570.5M | ||
| Q2 24 | $528.5M | $547.4M | ||
| Q1 24 | $423.1M | $540.9M |
总债务PSNRHI
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $785.2M | — | ||
| Q4 24 | $784.1M | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益PSNRHI
| Q4 25 | $2.6B | $1.3B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.5B | $1.3B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.3B | $1.5B | ||
| Q2 24 | $2.2B | $1.5B | ||
| Q1 24 | $2.1B | $1.5B |
总资产PSNRHI
| Q4 25 | $5.8B | $2.9B | ||
| Q3 25 | $5.7B | $2.8B | ||
| Q2 25 | $5.7B | $2.8B | ||
| Q1 25 | $5.4B | $2.7B | ||
| Q4 24 | $5.5B | $2.9B | ||
| Q3 24 | $5.4B | $3.0B | ||
| Q2 24 | $5.2B | $2.9B | ||
| Q1 24 | $5.1B | $2.9B |
负债/权益比PSNRHI
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.49× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.49× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.58× | — |
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 | $167.5M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $135.6M | $170.8M |
| 自由现金流率自由现金流/营收 | 8.5% | 13.1% |
| 资本支出强度资本支出/营收 | 2.0% | 0.9% |
| 现金转化率经营现金流/净利润 | 3.01× | — |
| 过去12个月自由现金流最近4个季度 | $410.4M | $266.8M |
8季度趋势，按日历期对齐
经营现金流PSNRHI
| Q4 25 | $167.5M | $182.5M | ||
| Q3 25 | $162.8M | $77.4M | ||
| Q2 25 | $159.8M | $119.4M | ||
| Q1 25 | $-11.8M | $-59.3M | ||
| Q4 24 | $126.8M | $154.8M | ||
| Q3 24 | $299.0M | $129.6M | ||
| Q2 24 | $161.2M | $142.0M | ||
| Q1 24 | $-63.4M | $-15.9M |
自由现金流PSNRHI
| Q4 25 | $135.6M | $170.8M | ||
| Q3 25 | $149.7M | $63.6M | ||
| Q2 25 | $150.4M | $104.2M | ||
| Q1 25 | $-25.3M | $-71.7M | ||
| Q4 24 | $108.0M | $140.5M | ||
| Q3 24 | $287.3M | $111.8M | ||
| Q2 24 | $152.0M | $129.6M | ||
| Q1 24 | $-72.9M | $-27.7M |
自由现金流率PSNRHI
| Q4 25 | 8.5% | 13.1% | ||
| Q3 25 | 9.2% | 4.7% | ||
| Q2 25 | 9.5% | 7.6% | ||
| Q1 25 | -1.6% | -5.3% | ||
| Q4 24 | 6.2% | 10.2% | ||
| Q3 24 | 15.9% | 7.6% | ||
| Q2 24 | 9.1% | 8.8% | ||
| Q1 24 | -4.7% | -1.9% |
资本支出强度PSNRHI
| Q4 25 | 2.0% | 0.9% | ||
| Q3 25 | 0.8% | 1.0% | ||
| Q2 25 | 0.6% | 1.1% | ||
| Q1 25 | 0.9% | 0.9% | ||
| Q4 24 | 1.1% | 1.0% | ||
| Q3 24 | 0.6% | 1.2% | ||
| Q2 24 | 0.6% | 0.8% | ||
| Q1 24 | 0.6% | 0.8% |
现金转化率PSNRHI
| Q4 25 | 3.01× | — | ||
| Q3 25 | 2.54× | 1.80× | ||
| Q2 25 | 2.89× | 2.91× | ||
| Q1 25 | -0.18× | -3.42× | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 4.16× | 1.98× | ||
| Q2 24 | 2.33× | 2.08× | ||
| Q1 24 | — | -0.25× |
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
PSN
| Unconsolidated Joint Ventures | $582.1M | 36% |
| Defense And Intelligence | $502.8M | 31% |
| Engineered Systems | $281.4M | 18% |
| Consolidated Joint Ventures | $216.7M | 14% |
| TRS Group Inc | $9.4M | 1% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
