vs
Taylor Morrison Home Corp（TMHC）与UFP INDUSTRIES INC（UFPI）财务数据对比。点击上方公司名可切换其他公司
Taylor Morrison Home Corp的季度营收约是UFP INDUSTRIES INC的1.0倍（$1.4B vs $1.3B），Taylor Morrison Home Corp净利率更高（7.1% vs 3.0%，领先4.1%），UFP INDUSTRIES INC同比增速更快（-9.0% vs -26.8%），过去两年UFP INDUSTRIES INC的营收复合增速更高（-9.9% vs -16.5%）
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。
UFP工业是一家控股企业，业务覆盖零售、工业、建筑三大市场，总部位于美国密歇根州大急流城，1993年公开上市，旗下共有218家关联运营主体，面向零售、建筑、包装三大领域供应数万种产品。
TMHC vs UFPI — 直观对比
营收规模更大
TMHC
是对方的1.0倍
$1.3B
营收增速更快
UFPI
高出17.8%
-26.8%
净利率更高
TMHC
高出4.1%
3.0%
两年增速更快
UFPI
近两年复合增速
-16.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.3B |
| 净利润 | $98.6M | $40.0M |
| 毛利率 | 21.0% | 16.3% |
| 营业利润率 | — | 4.4% |
| 净利率 | 7.1% | 3.0% |
| 营收同比 | -26.8% | -9.0% |
| 净利润同比 | -53.8% | -41.3% |
| 每股收益（稀释后） | $1.12 | $0.71 |
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TMHCUFPI
| Q1 26 | $1.4B | — | ||
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $2.0B | $1.8B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $2.4B | $1.5B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $2.0B | $1.9B |
净利润TMHCUFPI
| Q1 26 | $98.6M | — | ||
| Q4 25 | $174.0M | $40.0M | ||
| Q3 25 | $201.4M | $75.3M | ||
| Q2 25 | $193.6M | $100.7M | ||
| Q1 25 | $213.5M | $78.8M | ||
| Q4 24 | $242.5M | $68.0M | ||
| Q3 24 | $251.1M | $99.8M | ||
| Q2 24 | $199.5M | $125.9M |
毛利率TMHCUFPI
| Q1 26 | 21.0% | — | ||
| Q4 25 | 22.0% | 16.3% | ||
| Q3 25 | 22.7% | 16.8% | ||
| Q2 25 | 23.0% | 17.0% | ||
| Q1 25 | 24.4% | 16.8% | ||
| Q4 24 | 23.9% | 16.4% | ||
| Q3 24 | 25.0% | 18.1% | ||
| Q2 24 | 23.7% | 19.1% |
营业利润率TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | — | 4.4% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | — | 5.8% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | 8.4% |
净利率TMHCUFPI
| Q1 26 | 7.1% | — | ||
| Q4 25 | 8.3% | 3.0% | ||
| Q3 25 | 9.6% | 4.8% | ||
| Q2 25 | 9.5% | 5.5% | ||
| Q1 25 | 11.3% | 4.9% | ||
| Q4 24 | 10.3% | 4.7% | ||
| Q3 24 | 11.8% | 6.1% | ||
| Q2 24 | 10.0% | 6.6% |
每股收益（稀释后）TMHCUFPI
| Q1 26 | $1.12 | — | ||
| Q4 25 | $1.77 | $0.71 | ||
| Q3 25 | $2.01 | $1.29 | ||
| Q2 25 | $1.92 | $1.70 | ||
| Q1 25 | $2.07 | $1.30 | ||
| Q4 24 | $2.29 | $1.12 | ||
| Q3 24 | $2.37 | $1.64 | ||
| Q2 24 | $1.86 | $2.05 |
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 | $948.6M |
| 总债务越低越好 | — | $229.8M |
| 股东权益账面价值 | $6.2B | $3.1B |
| 总资产 | $9.8B | $4.0B |
| 负债/权益比越低杠杆越低 | — | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资TMHCUFPI
| Q1 26 | $652.9M | — | ||
| Q4 25 | $850.0M | $948.6M | ||
| Q3 25 | $370.6M | $1.0B | ||
| Q2 25 | $130.2M | $874.0M | ||
| Q1 25 | $377.8M | $934.3M | ||
| Q4 24 | $487.2M | $1.2B | ||
| Q3 24 | $256.4M | $1.2B | ||
| Q2 24 | $246.8M | $1.1B |
总债务TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $229.8M | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | $234.0M | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.2B | — |
股东权益TMHCUFPI
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.3B | $3.1B | ||
| Q3 25 | $6.2B | $3.2B | ||
| Q2 25 | $6.1B | $3.1B | ||
| Q1 25 | $6.0B | $3.2B | ||
| Q4 24 | $5.9B | $3.2B | ||
| Q3 24 | $5.7B | $3.2B | ||
| Q2 24 | $5.5B | $3.1B |
总资产TMHCUFPI
| Q1 26 | $9.8B | — | ||
| Q4 25 | $9.8B | $4.0B | ||
| Q3 25 | $9.6B | $4.1B | ||
| Q2 25 | $9.5B | $4.1B | ||
| Q1 25 | $9.4B | $4.2B | ||
| Q4 24 | $9.3B | $4.2B | ||
| Q3 24 | $9.3B | $4.2B | ||
| Q2 24 | $9.1B | $4.1B |
负债/权益比TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | 0.36× | 0.08× | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.36× | 0.07× | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 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 | — | $146.6M |
| 自由现金流经营现金流 - 资本支出 | — | $82.7M |
| 自由现金流率自由现金流/营收 | — | 6.2% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | 3.67× |
| 过去12个月自由现金流最近4个季度 | — | $276.4M |
8季度趋势，按日历期对齐
经营现金流TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | $646.4M | $146.6M | ||
| Q3 25 | $219.6M | $286.0M | ||
| Q2 25 | $-126.0M | $221.9M | ||
| Q1 25 | $77.2M | $-108.8M | ||
| Q4 24 | $438.2M | $144.9M | ||
| Q3 24 | $135.9M | $258.6M | ||
| Q2 24 | $-233.3M | $255.9M |
自由现金流TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | $635.3M | $82.7M | ||
| Q3 25 | $206.6M | $210.2M | ||
| Q2 25 | $-133.6M | $159.5M | ||
| Q1 25 | $68.7M | $-176.1M | ||
| Q4 24 | $428.2M | $78.1M | ||
| Q3 24 | $127.1M | $199.7M | ||
| Q2 24 | $-241.7M | $198.4M |
自由现金流率TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | 30.3% | 6.2% | ||
| Q3 25 | 9.9% | 13.5% | ||
| Q2 25 | -6.6% | 8.7% | ||
| Q1 25 | 3.6% | -11.0% | ||
| Q4 24 | 18.2% | 5.3% | ||
| Q3 24 | 6.0% | 12.1% | ||
| Q2 24 | -12.1% | 10.4% |
资本支出强度TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 4.8% | ||
| Q3 25 | 0.6% | 4.9% | ||
| Q2 25 | 0.4% | 3.4% | ||
| Q1 25 | 0.4% | 4.2% | ||
| Q4 24 | 0.4% | 4.6% | ||
| Q3 24 | 0.4% | 3.6% | ||
| Q2 24 | 0.4% | 3.0% |
现金转化率TMHCUFPI
| Q1 26 | — | — | ||
| Q4 25 | 3.71× | 3.67× | ||
| Q3 25 | 1.09× | 3.80× | ||
| Q2 25 | -0.65× | 2.20× | ||
| Q1 25 | 0.36× | -1.38× | ||
| Q4 24 | 1.81× | 2.13× | ||
| Q3 24 | 0.54× | 2.59× | ||
| Q2 24 | -1.17× | 2.03× |
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
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% |
UFPI
| Retail Segment | $444.0M | 33% |
| Structural Packaging | $230.2M | 17% |
| Factory Built | $189.7M | 14% |
| Site Built | $152.7M | 11% |
| Palletone Inc | $119.2M | 9% |
| Deckorators | $55.2M | 4% |
| Commercial | $53.2M | 4% |
| Concrete Forming | $44.2M | 3% |
| Transferred Over Time | $29.6M | 2% |
| Protective Packaging | $20.7M | 2% |
