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雅保（ALB）与Primoris Services Corp（PRIM）财务数据对比。点击上方公司名可切换其他公司
Primoris Services Corp的季度营收约是雅保的1.3倍（$1.9B vs $1.4B），Primoris Services Corp净利率更高（2.8% vs -29.0%，领先31.8%），雅保同比增速更快（15.9% vs 6.7%），雅保自由现金流更多（$233.1M vs $121.1M），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs 2.4%）
雅保是全球知名的特种化学品企业，业务覆盖研发、生产与全球销售，下设锂、溴、催化剂三大板块。锂业务线供应碳酸锂、氢氧化锂、氯化锂等锂化合物及相关试剂，产品广泛应用于消费电子、电动汽车锂电池、高性能润滑脂、热塑性弹性体等领域。
Primoris Services Corp是总部位于美国的上市专业基建与工程建设企业，核心业务覆盖天然气管道、污水管网及供水管道建设领域，2014年入选《财富》1000强榜单，在北美能源及民生基建领域拥有丰富的项目运营经验。
ALB vs PRIM — 直观对比
营收规模更大
PRIM
是对方的1.3倍
$1.4B
营收增速更快
ALB
高出9.3%
6.7%
净利率更高
PRIM
高出31.8%
-29.0%
自由现金流更多
ALB
多$112.0M
$121.1M
两年增速更快
PRIM
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.9B |
| 净利润 | $-414.2M | $51.7M |
| 毛利率 | 13.9% | 9.4% |
| 营业利润率 | -15.2% | 4.2% |
| 净利率 | -29.0% | 2.8% |
| 营收同比 | 15.9% | 6.7% |
| 净利润同比 | -650.1% | -4.2% |
| 每股收益（稀释后） | $-3.88 | $0.94 |
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ALBPRIM
| Q4 25 | $1.4B | $1.9B | ||
| Q3 25 | $1.3B | $2.2B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.4B | $1.6B | ||
| Q1 24 | $1.4B | $1.4B |
净利润ALBPRIM
| Q4 25 | $-414.2M | $51.7M | ||
| Q3 25 | $-160.7M | $94.6M | ||
| Q2 25 | $22.9M | $84.3M | ||
| Q1 25 | $41.3M | $44.2M | ||
| Q4 24 | $75.3M | $54.0M | ||
| Q3 24 | $-1.1B | $58.4M | ||
| Q2 24 | $-188.2M | $49.5M | ||
| Q1 24 | $2.4M | $18.9M |
毛利率ALBPRIM
| Q4 25 | 13.9% | 9.4% | ||
| Q3 25 | 9.0% | 10.8% | ||
| Q2 25 | 14.8% | 12.3% | ||
| Q1 25 | 14.5% | 10.4% | ||
| Q4 24 | 11.2% | 10.6% | ||
| Q3 24 | -7.7% | 12.0% | ||
| Q2 24 | -0.7% | 11.9% | ||
| Q1 24 | 2.9% | 9.4% |
营业利润率ALBPRIM
| Q4 25 | -15.2% | 4.2% | ||
| Q3 25 | -16.6% | 6.3% | ||
| Q2 25 | 3.6% | 6.7% | ||
| Q1 25 | 1.8% | 4.3% | ||
| Q4 24 | 0.4% | 5.0% | ||
| Q3 24 | -81.9% | 6.0% | ||
| Q2 24 | -34.4% | 5.5% | ||
| Q1 24 | -13.2% | 3.1% |
净利率ALBPRIM
| Q4 25 | -29.0% | 2.8% | ||
| Q3 25 | -12.3% | 4.3% | ||
| Q2 25 | 1.7% | 4.5% | ||
| Q1 25 | 3.8% | 2.7% | ||
| Q4 24 | 6.1% | 3.1% | ||
| Q3 24 | -78.9% | 3.5% | ||
| Q2 24 | -13.2% | 3.2% | ||
| Q1 24 | 0.2% | 1.3% |
每股收益（稀释后）ALBPRIM
| Q4 25 | $-3.88 | $0.94 | ||
| Q3 25 | $-1.72 | $1.73 | ||
| Q2 25 | $-0.16 | $1.54 | ||
| Q1 25 | $0.00 | $0.81 | ||
| Q4 24 | $0.29 | $0.98 | ||
| Q3 24 | $-9.45 | $1.07 | ||
| Q2 24 | $-1.96 | $0.91 | ||
| Q1 24 | $-0.08 | $0.35 |
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 | — | $535.5M |
| 总债务越低越好 | $3.2B | $469.9M |
| 股东权益账面价值 | $9.5B | $1.7B |
| 总资产 | $16.4B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资ALBPRIM
| Q4 25 | — | $535.5M | ||
| Q3 25 | $1.9B | $431.4M | ||
| Q2 25 | $1.8B | $390.3M | ||
| Q1 25 | $1.5B | $351.6M | ||
| Q4 24 | $1.2B | $455.8M | ||
| Q3 24 | $1.7B | $352.7M | ||
| Q2 24 | $1.8B | $207.4M | ||
| Q1 24 | $2.1B | $177.6M |
总债务ALBPRIM
| Q4 25 | $3.2B | $469.9M | ||
| Q3 25 | $3.6B | $486.0M | ||
| Q2 25 | $3.6B | $603.1M | ||
| Q1 25 | $3.5B | $612.0M | ||
| Q4 24 | $3.5B | $734.8M | ||
| Q3 24 | $3.6B | $903.7M | ||
| Q2 24 | $3.5B | $933.0M | ||
| Q1 24 | $3.5B | $951.7M |
股东权益ALBPRIM
| Q4 25 | $9.5B | $1.7B | ||
| Q3 25 | $10.0B | $1.6B | ||
| Q2 25 | $10.2B | $1.5B | ||
| Q1 25 | $10.0B | $1.4B | ||
| Q4 24 | $10.0B | $1.4B | ||
| Q3 24 | $10.2B | $1.4B | ||
| Q2 24 | $11.2B | $1.3B | ||
| Q1 24 | $11.5B | $1.2B |
总资产ALBPRIM
| Q4 25 | $16.4B | $4.4B | ||
| Q3 25 | $17.1B | $4.6B | ||
| Q2 25 | $17.3B | $4.5B | ||
| Q1 25 | $17.0B | $4.2B | ||
| Q4 24 | $16.6B | $4.2B | ||
| Q3 24 | $17.5B | $4.2B | ||
| Q2 24 | $18.4B | $4.0B | ||
| Q1 24 | $19.0B | $4.0B |
负债/权益比ALBPRIM
| Q4 25 | 0.33× | 0.28× | ||
| Q3 25 | 0.36× | 0.30× | ||
| Q2 25 | 0.35× | 0.39× | ||
| Q1 25 | 0.35× | 0.42× | ||
| Q4 24 | 0.35× | 0.52× | ||
| Q3 24 | 0.35× | 0.67× | ||
| Q2 24 | 0.31× | 0.72× | ||
| Q1 24 | 0.31× | 0.76× |
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 | $388.5M | $142.9M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $121.1M |
| 自由现金流率自由现金流/营收 | 16.3% | 6.5% |
| 资本支出强度资本支出/营收 | 10.9% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 2.76× |
| 过去12个月自由现金流最近4个季度 | $692.5M | $340.5M |
8季度趋势，按日历期对齐
经营现金流ALBPRIM
| Q4 25 | $388.5M | $142.9M | ||
| Q3 25 | $355.6M | $182.9M | ||
| Q2 25 | $-7.2M | $78.5M | ||
| Q1 25 | $545.4M | $66.2M | ||
| Q4 24 | $674.0K | $298.3M | ||
| Q3 24 | $240.5M | $222.5M | ||
| Q2 24 | $362.9M | $16.1M | ||
| Q1 24 | $98.0M | $-28.5M |
自由现金流ALBPRIM
| Q4 25 | $233.1M | $121.1M | ||
| Q3 25 | $223.4M | $148.4M | ||
| Q2 25 | $-126.8M | $45.3M | ||
| Q1 25 | $362.8M | $25.6M | ||
| Q4 24 | $-355.1M | $270.0M | ||
| Q3 24 | $-62.6M | $158.8M | ||
| Q2 24 | $-84.7M | $-8.1M | ||
| Q1 24 | $-481.4M | $-38.9M |
自由现金流率ALBPRIM
| Q4 25 | 16.3% | 6.5% | ||
| Q3 25 | 17.1% | 6.8% | ||
| Q2 25 | -9.5% | 2.4% | ||
| Q1 25 | 33.7% | 1.6% | ||
| Q4 24 | -28.8% | 15.5% | ||
| Q3 24 | -4.6% | 9.6% | ||
| Q2 24 | -5.9% | -0.5% | ||
| Q1 24 | -35.4% | -2.8% |
资本支出强度ALBPRIM
| Q4 25 | 10.9% | 1.2% | ||
| Q3 25 | 10.1% | 1.6% | ||
| Q2 25 | 9.0% | 1.8% | ||
| Q1 25 | 17.0% | 2.5% | ||
| Q4 24 | 28.9% | 1.6% | ||
| Q3 24 | 22.4% | 3.9% | ||
| Q2 24 | 31.3% | 1.5% | ||
| Q1 24 | 42.6% | 0.7% |
现金转化率ALBPRIM
| Q4 25 | — | 2.76× | ||
| Q3 25 | — | 1.93× | ||
| Q2 25 | -0.31× | 0.93× | ||
| Q1 25 | 13.19× | 1.50× | ||
| Q4 24 | 0.01× | 5.53× | ||
| Q3 24 | — | 3.81× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | 40.01× | -1.50× |
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
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
