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Rocket Companies, Inc.（RKT）与Xcel Energy（XEL）财务数据对比。点击上方公司名可切换其他公司
Xcel Energy的季度营收约是Rocket Companies, Inc.的1.3倍（$3.6B vs $2.7B），Xcel Energy净利率更高（15.9% vs 2.5%，领先13.4%），Rocket Companies, Inc.同比增速更快（52.2% vs 14.1%），Rocket Companies, Inc.自由现金流更多（$-1.3B vs $-3.2B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs -1.2%）
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
Xcel Energy是总部位于美国明尼苏达州明尼阿波利斯的受监管电力及天然气供应企业，截至2025年中业务覆盖美国八个州的部分区域，共服务约390万电力用户、220万天然气用户，旗下设有四家运营子公司。
RKT vs XEL — 直观对比
营收规模更大
XEL
是对方的1.3倍
$2.7B
营收增速更快
RKT
高出38.0%
14.1%
净利率更高
XEL
高出13.4%
2.5%
自由现金流更多
RKT
多$2.0B
$-3.2B
两年增速更快
RKT
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $3.6B |
| 净利润 | $68.0M | $567.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | 16.3% |
| 净利率 | 2.5% | 15.9% |
| 营收同比 | 52.2% | 14.1% |
| 净利润同比 | 100.8% | 22.2% |
| 每股收益（稀释后） | $0.10 | $0.95 |
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RKTXEL
| Q4 25 | $2.7B | $3.6B | ||
| Q3 25 | $1.6B | $3.9B | ||
| Q2 25 | $1.4B | $3.3B | ||
| Q1 25 | $1.0B | $3.9B | ||
| Q4 24 | $1.8B | $3.1B | ||
| Q3 24 | $646.9M | $3.6B | ||
| Q2 24 | $1.3B | $3.0B | ||
| Q1 24 | $1.4B | $3.6B |
净利润RKTXEL
| Q4 25 | $68.0M | $567.0M | ||
| Q3 25 | $-123.9M | $524.0M | ||
| Q2 25 | $-1.8M | $444.0M | ||
| Q1 25 | $-10.4M | $483.0M | ||
| Q4 24 | $33.9M | $464.0M | ||
| Q3 24 | $-22.0M | $682.0M | ||
| Q2 24 | $1.3M | $302.0M | ||
| Q1 24 | $16.2M | $488.0M |
毛利率RKTXEL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 58.9% | — | ||
| Q3 24 | -8.4% | — | ||
| Q2 24 | 47.4% | — | ||
| Q1 24 | 51.2% | — |
营业利润率RKTXEL
| Q4 25 | 6.3% | 16.3% | ||
| Q3 25 | -11.5% | 19.1% | ||
| Q2 25 | 1.8% | 17.6% | ||
| Q1 25 | -21.5% | 17.3% | ||
| Q4 24 | 38.1% | 11.1% | ||
| Q3 24 | -76.9% | 25.0% | ||
| Q2 24 | 14.8% | 14.8% | ||
| Q1 24 | 21.6% | 18.6% |
净利率RKTXEL
| Q4 25 | 2.5% | 15.9% | ||
| Q3 25 | -7.7% | 13.4% | ||
| Q2 25 | -0.1% | 13.5% | ||
| Q1 25 | -1.0% | 12.4% | ||
| Q4 24 | 1.9% | 14.9% | ||
| Q3 24 | -3.4% | 18.7% | ||
| Q2 24 | 0.1% | 10.0% | ||
| Q1 24 | 1.2% | 13.4% |
每股收益（稀释后）RKTXEL
| Q4 25 | $0.10 | $0.95 | ||
| Q3 25 | $-0.06 | $0.88 | ||
| Q2 25 | $-0.01 | $0.75 | ||
| Q1 25 | $-0.08 | $0.84 | ||
| Q4 24 | $0.28 | $0.81 | ||
| Q3 24 | $-0.19 | $1.21 | ||
| Q2 24 | $0.01 | $0.54 | ||
| Q1 24 | $0.11 | $0.88 |
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 | $2.7B | — |
| 总债务越低越好 | — | $31.8B |
| 股东权益账面价值 | $22.9B | $23.6B |
| 总资产 | $60.7B | $81.4B |
| 负债/权益比越低杠杆越低 | — | 1.35× |
8季度趋势，按日历期对齐
现金及短期投资RKTXEL
| Q4 25 | $2.7B | — | ||
| Q3 25 | $5.8B | $1.1B | ||
| Q2 25 | $5.1B | $1.5B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $1.3B | $179.0M | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.3B | $1.6B | ||
| Q1 24 | $861.4M | $501.0M |
总债务RKTXEL
| Q4 25 | — | $31.8B | ||
| Q3 25 | — | $32.0B | ||
| Q2 25 | — | $31.1B | ||
| Q1 25 | — | $29.4B | ||
| Q4 24 | — | $27.3B | ||
| Q3 24 | — | $27.5B | ||
| Q2 24 | — | $27.7B | ||
| Q1 24 | — | $26.4B |
股东权益RKTXEL
| Q4 25 | $22.9B | $23.6B | ||
| Q3 25 | $8.9B | $21.2B | ||
| Q2 25 | $7.4B | $21.0B | ||
| Q1 25 | $8.6B | $19.8B | ||
| Q4 24 | $9.0B | $19.5B | ||
| Q3 24 | $8.4B | $19.4B | ||
| Q2 24 | $8.8B | $18.0B | ||
| Q1 24 | $8.6B | $17.8B |
总资产RKTXEL
| Q4 25 | $60.7B | $81.4B | ||
| Q3 25 | $33.6B | $79.2B | ||
| Q2 25 | $30.4B | $75.3B | ||
| Q1 25 | $25.3B | $72.7B | ||
| Q4 24 | $24.5B | $70.0B | ||
| Q3 24 | $25.1B | $69.3B | ||
| Q2 24 | $23.6B | $67.9B | ||
| Q1 24 | $22.2B | $65.6B |
负债/权益比RKTXEL
| Q4 25 | — | 1.35× | ||
| Q3 25 | — | 1.51× | ||
| Q2 25 | — | 1.48× | ||
| Q1 25 | — | 1.48× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.54× | ||
| 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 | $-1.2B | $209.0M |
| 自由现金流经营现金流 - 资本支出 | $-1.3B | $-3.2B |
| 自由现金流率自由现金流/营收 | -47.2% | -90.7% |
| 资本支出强度资本支出/营收 | 1.5% | 96.5% |
| 现金转化率经营现金流/净利润 | -18.08× | 0.37× |
| 过去12个月自由现金流最近4个季度 | $-4.0B | $-6.8B |
8季度趋势，按日历期对齐
经营现金流RKTXEL
| Q4 25 | $-1.2B | $209.0M | ||
| Q3 25 | $-50.3M | $1.8B | ||
| Q2 25 | $-1.9B | $1.1B | ||
| Q1 25 | $-797.0M | $1.0B | ||
| Q4 24 | $1.8B | $664.0M | ||
| Q3 24 | $-1.3B | $1.7B | ||
| Q2 24 | $-122.3M | $1.2B | ||
| Q1 24 | $-3.0B | $1.1B |
自由现金流RKTXEL
| Q4 25 | $-1.3B | $-3.2B | ||
| Q3 25 | $-71.8M | $-1.3B | ||
| Q2 25 | $-1.9B | $-1.3B | ||
| Q1 25 | $-811.0M | $-960.0M | ||
| Q4 24 | $1.8B | $-1.6B | ||
| Q3 24 | $-1.4B | $-42.0M | ||
| Q2 24 | $-138.3M | $-641.0M | ||
| Q1 24 | $-3.0B | $-487.0M |
自由现金流率RKTXEL
| Q4 25 | -47.2% | -90.7% | ||
| Q3 25 | -4.5% | -33.0% | ||
| Q2 25 | -137.2% | -40.9% | ||
| Q1 25 | -78.2% | -24.6% | ||
| Q4 24 | 103.1% | -49.8% | ||
| Q3 24 | -209.6% | -1.2% | ||
| Q2 24 | -10.6% | -21.2% | ||
| Q1 24 | -218.7% | -13.3% |
资本支出强度RKTXEL
| Q4 25 | 1.5% | 96.5% | ||
| Q3 25 | 1.3% | 78.0% | ||
| Q2 25 | 1.1% | 73.8% | ||
| Q1 25 | 1.4% | 50.9% | ||
| Q4 24 | 1.1% | 71.1% | ||
| Q3 24 | 2.9% | 48.8% | ||
| Q2 24 | 1.2% | 60.5% | ||
| Q1 24 | 1.0% | 42.1% |
现金转化率RKTXEL
| Q4 25 | -18.08× | 0.37× | ||
| Q3 25 | — | 3.37× | ||
| Q2 25 | — | 2.43× | ||
| Q1 25 | — | 2.13× | ||
| Q4 24 | 54.42× | 1.43× | ||
| Q3 24 | — | 2.55× | ||
| Q2 24 | -94.46× | 3.94× | ||
| Q1 24 | -185.80× | 2.15× |
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
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
XEL
| Retail Distribution | $2.3B | 64% |
| Regulated Natural Gas Segment | $737.0M | 21% |
| Alternativeand Other | $212.0M | 6% |
| Transmission Services | $164.0M | 5% |
| Wholesale Distribution | $159.0M | 4% |
| Other Services | $8.0M | 0% |
