vs
RH（RH）与SouthState Bank Corp（SSB）财务数据对比。点击上方公司名可切换其他公司
RH的季度营收约是SouthState Bank Corp的1.3倍（$883.8M vs $661.7M），SouthState Bank Corp净利率更高（34.1% vs 4.1%，领先30.0%），过去两年SouthState Bank Corp的营收复合增速更高（37.4% vs 9.4%）
RH是美国高端家居品牌，总部位于加利福尼亚州科尔特马德拉。品牌通过线下零售门店、产品目录和线上渠道发售家居商品，截至2018年8月，在美国和加拿大共运营70家展示馆、18家全系列设计展示馆、3家婴童家居展示馆，另有36家奥莱门店。
SouthState Bank总部位于美国佛罗里达州温特黑文，是银行控股公司SouthState Corporation旗下的银行子公司。截至2025年5月26日，该行已在南卡罗来纳、北卡罗来纳、佐治亚、佛罗里达、阿拉巴马、弗吉尼亚、科罗拉多、得克萨斯八州设有371家营业网点，为当地客户提供各类银行金融服务。
RH vs SSB — 直观对比
营收规模更大
RH
是对方的1.3倍
$661.7M
净利率更高
SSB
高出30.0%
4.1%
两年增速更快
SSB
近两年复合增速
9.4%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $883.8M | $661.7M |
| 净利润 | $36.3M | $225.8M |
| 毛利率 | 44.1% | — |
| 营业利润率 | 12.0% | 15.1% |
| 净利率 | 4.1% | 34.1% |
| 营收同比 | 8.9% | — |
| 净利润同比 | 9.3% | 153.5% |
| 每股收益（稀释后） | $1.83 | $2.28 |
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RHSSB
| Q1 26 | — | $661.7M | ||
| Q4 25 | $883.8M | $581.1M | ||
| Q3 25 | $899.2M | $599.7M | ||
| Q2 25 | $814.0M | $577.9M | ||
| Q1 25 | $812.4M | $544.5M | ||
| Q4 24 | $811.7M | $369.8M | ||
| Q3 24 | $829.7M | $351.5M | ||
| Q2 24 | $727.0M | $350.3M |
净利润RHSSB
| Q1 26 | — | $225.8M | ||
| Q4 25 | $36.3M | $247.7M | ||
| Q3 25 | $51.7M | $246.6M | ||
| Q2 25 | $8.0M | $215.2M | ||
| Q1 25 | $13.9M | $89.1M | ||
| Q4 24 | $33.2M | $144.2M | ||
| Q3 24 | $29.0M | $143.2M | ||
| Q2 24 | $-3.6M | $132.4M |
毛利率RHSSB
| Q1 26 | — | — | ||
| Q4 25 | 44.1% | — | ||
| Q3 25 | 45.5% | — | ||
| Q2 25 | 43.7% | — | ||
| Q1 25 | 44.7% | — | ||
| Q4 24 | 44.5% | — | ||
| Q3 24 | 45.2% | — | ||
| Q2 24 | 43.5% | — |
营业利润率RHSSB
| Q1 26 | — | 15.1% | ||
| Q4 25 | 12.0% | 54.3% | ||
| Q3 25 | 14.3% | 53.6% | ||
| Q2 25 | 6.9% | 48.8% | ||
| Q1 25 | 8.7% | 22.3% | ||
| Q4 24 | 12.5% | 50.7% | ||
| Q3 24 | 11.6% | 53.1% | ||
| Q2 24 | 7.5% | 49.3% |
净利率RHSSB
| Q1 26 | — | 34.1% | ||
| Q4 25 | 4.1% | 42.6% | ||
| Q3 25 | 5.8% | 41.1% | ||
| Q2 25 | 1.0% | 37.2% | ||
| Q1 25 | 1.7% | 16.4% | ||
| Q4 24 | 4.1% | 39.0% | ||
| Q3 24 | 3.5% | 40.7% | ||
| Q2 24 | -0.5% | 37.8% |
每股收益（稀释后）RHSSB
| Q1 26 | — | $2.28 | ||
| Q4 25 | $1.83 | $2.47 | ||
| Q3 25 | $2.62 | $2.42 | ||
| Q2 25 | $0.40 | $2.11 | ||
| Q1 25 | $0.71 | $0.87 | ||
| Q4 24 | $1.66 | $1.88 | ||
| Q3 24 | $1.45 | $1.86 | ||
| Q2 24 | $-0.20 | $1.73 |
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 | $43.1M | $2.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.3M | $9.0B |
| 总资产 | $4.8B | $68.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资RHSSB
| Q1 26 | — | $2.9B | ||
| Q4 25 | $43.1M | — | ||
| Q3 25 | $34.6M | — | ||
| Q2 25 | $46.1M | — | ||
| Q1 25 | $30.4M | — | ||
| Q4 24 | $87.0M | — | ||
| Q3 24 | $78.3M | — | ||
| Q2 24 | $101.8M | — |
股东权益RHSSB
| Q1 26 | — | $9.0B | ||
| Q4 25 | $3.3M | $9.1B | ||
| Q3 25 | $-40.9M | $9.0B | ||
| Q2 25 | $-110.8M | $8.8B | ||
| Q1 25 | $-163.6M | $8.6B | ||
| Q4 24 | $-183.0M | $5.9B | ||
| Q3 24 | $-234.7M | $5.9B | ||
| Q2 24 | $-289.9M | $5.7B |
总资产RHSSB
| Q1 26 | — | $68.0B | ||
| Q4 25 | $4.8B | $67.2B | ||
| Q3 25 | $4.7B | $66.0B | ||
| Q2 25 | $4.7B | $65.9B | ||
| Q1 25 | $4.6B | $65.1B | ||
| Q4 24 | $4.5B | $46.4B | ||
| Q3 24 | $4.4B | $46.1B | ||
| Q2 24 | $4.2B | $45.5B |
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 | $131.9M | — |
| 自由现金流经营现金流 - 资本支出 | $83.0M | — |
| 自由现金流率自由现金流/营收 | 9.4% | — |
| 资本支出强度资本支出/营收 | 5.5% | — |
| 现金转化率经营现金流/净利润 | 3.64× | — |
| 过去12个月自由现金流最近4个季度 | $128.1M | — |
8季度趋势，按日历期对齐
经营现金流RHSSB
| Q1 26 | — | — | ||
| Q4 25 | $131.9M | $232.1M | ||
| Q3 25 | $137.7M | $122.4M | ||
| Q2 25 | $86.6M | $72.6M | ||
| Q1 25 | $-18.8M | $-126.3M | ||
| Q4 24 | $-31.4M | $354.3M | ||
| Q3 24 | $11.2M | $-246.8M | ||
| Q2 24 | $56.1M | $126.8M |
自由现金流RHSSB
| Q1 26 | — | — | ||
| Q4 25 | $83.0M | $215.5M | ||
| Q3 25 | $80.7M | $101.7M | ||
| Q2 25 | $34.1M | $52.5M | ||
| Q1 25 | $-69.7M | $-139.1M | ||
| Q4 24 | $-96.0M | $340.9M | ||
| Q3 24 | $-37.9M | $-254.2M | ||
| Q2 24 | $-10.1M | $117.3M |
自由现金流率RHSSB
| Q1 26 | — | — | ||
| Q4 25 | 9.4% | 37.1% | ||
| Q3 25 | 9.0% | 17.0% | ||
| Q2 25 | 4.2% | 9.1% | ||
| Q1 25 | -8.6% | -25.5% | ||
| Q4 24 | -11.8% | 92.2% | ||
| Q3 24 | -4.6% | -72.3% | ||
| Q2 24 | -1.4% | 33.5% |
资本支出强度RHSSB
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 2.9% | ||
| Q3 25 | 6.3% | 3.5% | ||
| Q2 25 | 6.5% | 3.5% | ||
| Q1 25 | 6.3% | 2.4% | ||
| Q4 24 | 8.0% | 3.6% | ||
| Q3 24 | 5.9% | 2.1% | ||
| Q2 24 | 9.1% | 2.7% |
现金转化率RHSSB
| Q1 26 | — | — | ||
| Q4 25 | 3.64× | 0.94× | ||
| Q3 25 | 2.66× | 0.50× | ||
| Q2 25 | 10.78× | 0.34× | ||
| Q1 25 | -1.35× | -1.42× | ||
| Q4 24 | -0.95× | 2.46× | ||
| Q3 24 | 0.39× | -1.72× | ||
| Q2 24 | — | 0.96× |
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
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
