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罗致恒富（RHI）与特诺控股（TROX）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是特诺控股的1.8倍（$1.3B vs $730.0M），特诺控股同比增速更快（8.0% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $53.0M），过去两年特诺控股的营收复合增速更高（-2.9% vs -6.1%）
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。
特诺控股是一家业务遍及全球的美国化工企业，专注于钛制品领域，现有员工约6500名。在收购南非埃萨罗资源原有的矿砂业务后，特诺已成为全球规模最大的全产业链二氧化钛颜料供应商。二氧化钛颜料主要为涂料、塑料、纸张等产品增白增亮，特诺还拥有钛矿砂开采及加工业务。
RHI vs TROX — 直观对比
营收规模更大
RHI
是对方的1.8倍
$730.0M
营收增速更快
TROX
高出13.8%
-5.8%
自由现金流更多
RHI
多$117.8M
$53.0M
两年增速更快
TROX
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $730.0M |
| 净利润 | — | $-176.0M |
| 毛利率 | 37.6% | 5.3% |
| 营业利润率 | 1.7% | -15.6% |
| 净利率 | — | -24.1% |
| 营收同比 | -5.8% | 8.0% |
| 净利润同比 | — | -486.7% |
| 每股收益（稀释后） | $0.32 | $-1.11 |
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RHITROX
| Q4 25 | $1.3B | $730.0M | ||
| Q3 25 | $1.4B | $699.0M | ||
| Q2 25 | $1.4B | $731.0M | ||
| Q1 25 | $1.4B | $738.0M | ||
| Q4 24 | $1.4B | $676.0M | ||
| Q3 24 | $1.5B | $804.0M | ||
| Q2 24 | $1.5B | $820.0M | ||
| Q1 24 | $1.5B | $774.0M |
净利润RHITROX
| Q4 25 | — | $-176.0M | ||
| Q3 25 | $42.9M | $-99.0M | ||
| Q2 25 | $41.0M | $-84.0M | ||
| Q1 25 | $17.4M | $-111.0M | ||
| Q4 24 | — | $-30.0M | ||
| Q3 24 | $65.5M | $-25.0M | ||
| Q2 24 | $68.2M | $16.0M | ||
| Q1 24 | $63.7M | $-9.0M |
毛利率RHITROX
| Q4 25 | 37.6% | 5.3% | ||
| Q3 25 | 37.2% | 7.4% | ||
| Q2 25 | 37.2% | 10.8% | ||
| Q1 25 | 36.9% | 13.4% | ||
| Q4 24 | 38.8% | 17.3% | ||
| Q3 24 | 39.0% | 15.9% | ||
| Q2 24 | 39.2% | 18.3% | ||
| Q1 24 | 38.1% | 15.5% |
营业利润率RHITROX
| Q4 25 | 1.7% | -15.6% | ||
| Q3 25 | 1.0% | -6.2% | ||
| Q2 25 | 0.1% | -4.8% | ||
| Q1 25 | 2.9% | -8.3% | ||
| Q4 24 | 4.7% | 7.1% | ||
| Q3 24 | 4.1% | 6.7% | ||
| Q2 24 | 5.1% | 9.3% | ||
| Q1 24 | 2.8% | 5.3% |
净利率RHITROX
| Q4 25 | — | -24.1% | ||
| Q3 25 | 3.2% | -14.2% | ||
| Q2 25 | 3.0% | -11.5% | ||
| Q1 25 | 1.3% | -15.0% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | 4.5% | -3.1% | ||
| Q2 24 | 4.6% | 2.0% | ||
| Q1 24 | 4.3% | -1.2% |
每股收益（稀释后）RHITROX
| Q4 25 | $0.32 | $-1.11 | ||
| Q3 25 | $0.43 | $-0.63 | ||
| Q2 25 | $0.41 | $-0.53 | ||
| Q1 25 | $0.17 | $-0.70 | ||
| Q4 24 | $0.53 | $-0.19 | ||
| Q3 24 | $0.64 | $-0.16 | ||
| Q2 24 | $0.66 | $0.10 | ||
| Q1 24 | $0.61 | $-0.06 |
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 | $464.4M | $199.0M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $1.3B | $1.4B |
| 总资产 | $2.9B | $6.2B |
| 负债/权益比越低杠杆越低 | — | 2.21× |
8季度趋势，按日历期对齐
现金及短期投资RHITROX
| Q4 25 | $464.4M | $199.0M | ||
| Q3 25 | $365.3M | $185.0M | ||
| Q2 25 | $380.5M | $132.0M | ||
| Q1 25 | $342.5M | $138.0M | ||
| Q4 24 | $537.6M | $151.0M | ||
| Q3 24 | $570.5M | $167.0M | ||
| Q2 24 | $547.4M | $201.0M | ||
| Q1 24 | $540.9M | $152.0M |
总债务RHITROX
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.8B |
股东权益RHITROX
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.3B | $1.6B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.5B | $1.9B | ||
| Q2 24 | $1.5B | $1.9B | ||
| Q1 24 | $1.5B | $1.9B |
总资产RHITROX
| Q4 25 | $2.9B | $6.2B | ||
| Q3 25 | $2.8B | $6.3B | ||
| Q2 25 | $2.8B | $6.2B | ||
| Q1 25 | $2.7B | $6.1B | ||
| Q4 24 | $2.9B | $6.0B | ||
| Q3 24 | $3.0B | $6.2B | ||
| Q2 24 | $2.9B | $6.1B | ||
| Q1 24 | $2.9B | $6.0B |
负债/权益比RHITROX
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 2.01× | ||
| Q2 25 | — | 1.67× | ||
| Q1 25 | — | 1.64× | ||
| Q4 24 | — | 1.57× | ||
| Q3 24 | — | 1.45× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 1.48× |
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 | $182.5M | $121.0M |
| 自由现金流经营现金流 - 资本支出 | $170.8M | $53.0M |
| 自由现金流率自由现金流/营收 | 13.1% | 7.3% |
| 资本支出强度资本支出/营收 | 0.9% | 9.3% |
| 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 | $266.8M | $-281.0M |
8季度趋势，按日历期对齐
经营现金流RHITROX
| Q4 25 | $182.5M | $121.0M | ||
| Q3 25 | $77.4M | $-57.0M | ||
| Q2 25 | $119.4M | $28.0M | ||
| Q1 25 | $-59.3M | $-32.0M | ||
| Q4 24 | $154.8M | $82.0M | ||
| Q3 24 | $129.6M | $87.0M | ||
| Q2 24 | $142.0M | $160.0M | ||
| Q1 24 | $-15.9M | $-29.0M |
自由现金流RHITROX
| Q4 25 | $170.8M | $53.0M | ||
| Q3 25 | $63.6M | $-137.0M | ||
| Q2 25 | $104.2M | $-55.0M | ||
| Q1 25 | $-71.7M | $-142.0M | ||
| Q4 24 | $140.5M | $-35.0M | ||
| Q3 24 | $111.8M | $-14.0M | ||
| Q2 24 | $129.6M | $84.0M | ||
| Q1 24 | $-27.7M | $-105.0M |
自由现金流率RHITROX
| Q4 25 | 13.1% | 7.3% | ||
| Q3 25 | 4.7% | -19.6% | ||
| Q2 25 | 7.6% | -7.5% | ||
| Q1 25 | -5.3% | -19.2% | ||
| Q4 24 | 10.2% | -5.2% | ||
| Q3 24 | 7.6% | -1.7% | ||
| Q2 24 | 8.8% | 10.2% | ||
| Q1 24 | -1.9% | -13.6% |
资本支出强度RHITROX
| Q4 25 | 0.9% | 9.3% | ||
| Q3 25 | 1.0% | 11.4% | ||
| Q2 25 | 1.1% | 11.4% | ||
| Q1 25 | 0.9% | 14.9% | ||
| Q4 24 | 1.0% | 17.3% | ||
| Q3 24 | 1.2% | 12.6% | ||
| Q2 24 | 0.8% | 9.3% | ||
| Q1 24 | 0.8% | 9.8% |
现金转化率RHITROX
| Q4 25 | — | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 2.91× | — | ||
| Q1 25 | -3.42× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.98× | — | ||
| Q2 24 | 2.08× | 10.00× | ||
| 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
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% |
TROX
| Ti O2 | $577.0M | 79% |
| Zircon | $78.0M | 11% |
| Idle Facility And Lower Of Cost Or Net Realizable Value Charges | $42.0M | 6% |
| Other | $20.0M | 3% |
| MGT | $13.0M | 2% |
