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SOMNIGROUP INTERNATIONAL INC.（SGI）与Taylor Morrison Home Corp（TMHC）财务数据对比。点击上方公司名可切换其他公司
SOMNIGROUP INTERNATIONAL INC.的季度营收约是Taylor Morrison Home Corp的1.3倍（$1.9B vs $1.4B），SOMNIGROUP INTERNATIONAL INC.净利率更高（7.5% vs 7.1%，领先0.4%），SOMNIGROUP INTERNATIONAL INC.同比增速更快（54.7% vs -26.8%），过去两年SOMNIGROUP INTERNATIONAL INC.的营收复合增速更高（25.3% vs -16.5%）
SOMNIGROUP INTERNATIONAL INC.是一家美国知名寝具制造企业，主营床垫及各类床上用品的研发、设计、生产与销售，旗下产品兼顾舒适体验与实用性能，供应美国本土及多个海外市场，在民用寝具领域拥有稳定的市场认可度。
泰勒莫里森住房公司是美国规模最大的住宅建筑商之一，总部位于亚利桑那州斯科茨代尔，2007年7月由泰勒伍德罗与莫里森住房合并成立。公司业务覆盖亚利桑那、加利福尼亚、得克萨斯等十余个州，产品涵盖首次置业、中端及中高端住宅，可满足不同层级客户的住房需求。
SGI vs TMHC — 直观对比
营收规模更大
SGI
是对方的1.3倍
$1.4B
营收增速更快
SGI
高出81.5%
-26.8%
净利率更高
SGI
高出0.4%
7.1%
两年增速更快
SGI
近两年复合增速
-16.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.4B |
| 净利润 | $140.8M | $98.6M |
| 毛利率 | 44.0% | 21.0% |
| 营业利润率 | 13.2% | — |
| 净利率 | 7.5% | 7.1% |
| 营收同比 | 54.7% | -26.8% |
| 净利润同比 | 95.8% | -53.8% |
| 每股收益（稀释后） | $0.71 | $1.12 |
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SGITMHC
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $2.1B | $2.1B | ||
| Q2 25 | $1.9B | $2.0B | ||
| Q1 25 | $1.6B | $1.9B | ||
| Q4 24 | $1.2B | $2.4B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.2B | $2.0B |
净利润SGITMHC
| Q1 26 | — | $98.6M | ||
| Q4 25 | $140.8M | $174.0M | ||
| Q3 25 | $177.4M | $201.4M | ||
| Q2 25 | $99.0M | $193.6M | ||
| Q1 25 | $-33.1M | $213.5M | ||
| Q4 24 | $71.9M | $242.5M | ||
| Q3 24 | $130.0M | $251.1M | ||
| Q2 24 | $106.1M | $199.5M |
毛利率SGITMHC
| Q1 26 | — | 21.0% | ||
| Q4 25 | 44.0% | 22.0% | ||
| Q3 25 | 44.9% | 22.7% | ||
| Q2 25 | 44.0% | 23.0% | ||
| Q1 25 | 36.2% | 24.4% | ||
| Q4 24 | 43.3% | 23.9% | ||
| Q3 24 | 45.4% | 25.0% | ||
| Q2 24 | 44.9% | 23.7% |
营业利润率SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | 13.2% | — | ||
| Q3 25 | 14.8% | — | ||
| Q2 25 | 9.6% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 10.6% | — | ||
| Q3 24 | 15.5% | — | ||
| Q2 24 | 14.0% | — |
净利率SGITMHC
| Q1 26 | — | 7.1% | ||
| Q4 25 | 7.5% | 8.3% | ||
| Q3 25 | 8.4% | 9.6% | ||
| Q2 25 | 5.3% | 9.5% | ||
| Q1 25 | -2.1% | 11.3% | ||
| Q4 24 | 6.0% | 10.3% | ||
| Q3 24 | 10.0% | 11.8% | ||
| Q2 24 | 8.6% | 10.0% |
每股收益（稀释后）SGITMHC
| Q1 26 | — | $1.12 | ||
| Q4 25 | $0.71 | $1.77 | ||
| Q3 25 | $0.83 | $2.01 | ||
| Q2 25 | $0.47 | $1.92 | ||
| Q1 25 | $-0.17 | $2.07 | ||
| Q4 24 | $0.40 | $2.29 | ||
| Q3 24 | $0.73 | $2.37 | ||
| Q2 24 | $0.60 | $1.86 |
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 | — | $652.9M |
| 总债务越低越好 | $4.6B | — |
| 股东权益账面价值 | $3.1B | $6.2B |
| 总资产 | $11.6B | $9.8B |
| 负债/权益比越低杠杆越低 | 1.47× | — |
8季度趋势，按日历期对齐
现金及短期投资SGITMHC
| Q1 26 | — | $652.9M | ||
| Q4 25 | — | $850.0M | ||
| Q3 25 | — | $370.6M | ||
| Q2 25 | — | $130.2M | ||
| Q1 25 | — | $377.8M | ||
| Q4 24 | — | $487.2M | ||
| Q3 24 | — | $256.4M | ||
| Q2 24 | — | $246.8M |
总债务SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $2.3B | ||
| Q3 25 | $4.5B | $2.2B | ||
| Q2 25 | $4.8B | $2.1B | ||
| Q1 25 | $4.9B | $2.1B | ||
| Q4 24 | $3.7B | $2.1B | ||
| Q3 24 | $2.2B | $2.1B | ||
| Q2 24 | $2.4B | $2.2B |
股东权益SGITMHC
| Q1 26 | — | $6.2B | ||
| Q4 25 | $3.1B | $6.3B | ||
| Q3 25 | $3.0B | $6.2B | ||
| Q2 25 | $2.8B | $6.1B | ||
| Q1 25 | $2.7B | $6.0B | ||
| Q4 24 | $559.0M | $5.9B | ||
| Q3 24 | $564.5M | $5.7B | ||
| Q2 24 | $411.8M | $5.5B |
总资产SGITMHC
| Q1 26 | — | $9.8B | ||
| Q4 25 | $11.6B | $9.8B | ||
| Q3 25 | $11.4B | $9.6B | ||
| Q2 25 | $11.4B | $9.5B | ||
| Q1 25 | $11.3B | $9.4B | ||
| Q4 24 | $6.0B | $9.3B | ||
| Q3 24 | $4.6B | $9.3B | ||
| Q2 24 | $4.6B | $9.1B |
负债/权益比SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | 1.47× | 0.36× | ||
| Q3 25 | 1.51× | 0.35× | ||
| Q2 25 | 1.69× | 0.35× | ||
| Q1 25 | 1.79× | 0.35× | ||
| Q4 24 | 6.69× | 0.36× | ||
| Q3 24 | 3.95× | 0.37× | ||
| Q2 24 | 5.92× | 0.39× |
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 | $99.4M | — |
| 自由现金流经营现金流 - 资本支出 | $41.1M | — |
| 自由现金流率自由现金流/营收 | 2.2% | — |
| 资本支出强度资本支出/营收 | 3.1% | — |
| 现金转化率经营现金流/净利润 | 0.71× | — |
| 过去12个月自由现金流最近4个季度 | $633.2M | — |
8季度趋势，按日历期对齐
经营现金流SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | $99.4M | $646.4M | ||
| Q3 25 | $408.2M | $219.6M | ||
| Q2 25 | $186.1M | $-126.0M | ||
| Q1 25 | $106.4M | $77.2M | ||
| Q4 24 | $129.1M | $438.2M | ||
| Q3 24 | $256.6M | $135.9M | ||
| Q2 24 | $150.6M | $-233.3M |
自由现金流SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | $41.1M | $635.3M | ||
| Q3 25 | $360.3M | $206.6M | ||
| Q2 25 | $149.4M | $-133.6M | ||
| Q1 25 | $82.4M | $68.7M | ||
| Q4 24 | $108.2M | $428.2M | ||
| Q3 24 | $240.2M | $127.1M | ||
| Q2 24 | $122.1M | $-241.7M |
自由现金流率SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 30.3% | ||
| Q3 25 | 17.0% | 9.9% | ||
| Q2 25 | 7.9% | -6.6% | ||
| Q1 25 | 5.1% | 3.6% | ||
| Q4 24 | 9.0% | 18.2% | ||
| Q3 24 | 18.5% | 6.0% | ||
| Q2 24 | 9.9% | -12.1% |
资本支出强度SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | 3.1% | 0.5% | ||
| Q3 25 | 2.3% | 0.6% | ||
| Q2 25 | 2.0% | 0.4% | ||
| Q1 25 | 1.5% | 0.4% | ||
| Q4 24 | 1.7% | 0.4% | ||
| Q3 24 | 1.3% | 0.4% | ||
| Q2 24 | 2.3% | 0.4% |
现金转化率SGITMHC
| Q1 26 | — | — | ||
| Q4 25 | 0.71× | 3.71× | ||
| Q3 25 | 2.30× | 1.09× | ||
| Q2 25 | 1.88× | -0.65× | ||
| Q1 25 | — | 0.36× | ||
| Q4 24 | 1.80× | 1.81× | ||
| Q3 24 | 1.97× | 0.54× | ||
| Q2 24 | 1.42× | -1.17× |
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
SGI
| Mattress Firm Segment | $892.1M | 48% |
| Tempur Sealy North America Segment | $620.5M | 33% |
| Tempur Sealy International Segment | $355.8M | 19% |
TMHC
| Home closings revenue, net | $1.3B | 95% |
| Financial services revenue, net | $49.3M | 4% |
| Land closings revenue | $14.5M | 1% |
| Amenity and other revenue | $11.9M | 1% |
