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波音（BA）与TUTOR PERINI CORP（TPC）财务数据对比。点击上方公司名可切换其他公司
波音的季度营收约是TUTOR PERINI CORP的14.7倍（$22.2B vs $1.5B）。TUTOR PERINI CORP净利率更高（1.9% vs -0.0%，领先1.9%）。TUTOR PERINI CORP同比增速更快（41.2% vs 14.0%）。TUTOR PERINI CORP自由现金流更多（$98.7M vs $-1.5B）。过去两年TUTOR PERINI CORP的营收复合增速更高（19.9% vs 14.8%）
波音公司是美国跨国航空航天企业，1916年成立，业务覆盖民用飞机、旋翼机、火箭、卫星、导弹的设计、制造与全球销售，同时提供租赁及产品配套支持服务。作为全球头部航空航天制造商，按2022年营收计为全球第四大国防承包商，也是美国按金额计算的最大出口企业。
Tutor Perini集团是美国顶尖的大型总承包商之一，2008年由Perini公司与Tutor-Saliba公司合并成立，总部位于加利福尼亚州西尔马。公司业务覆盖北美全境，2024年营收约43.3亿美元，核心业务涵盖桥梁、公路、隧道、机场、公共交通系统等民用基建项目，同时也涉足建筑工程领域。
BA vs TPC — 直观对比
营收规模更大
BA
是对方的14.7倍
$1.5B
营收增速更快
TPC
高出27.2%
14.0%
净利率更高
TPC
高出1.9%
-0.0%
自由现金流更多
TPC
多$1.6B
$-1.5B
两年增速更快
TPC
近两年复合增速
14.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $22.2B | $1.5B |
| 净利润 | $-7.0M | $28.8M |
| 毛利率 | — | 9.8% |
| 营业利润率 | 2.0% | 3.3% |
| 净利率 | -0.0% | 1.9% |
| 营收同比 | 14.0% | 41.2% |
| 净利润同比 | 77.4% | 136.3% |
| 每股收益（稀释后） | $-0.11 | $0.53 |
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BATPC
| Q1 26 | $22.2B | — | ||
| Q4 25 | $23.9B | $1.5B | ||
| Q3 25 | $23.3B | $1.4B | ||
| Q2 25 | $22.7B | $1.4B | ||
| Q1 25 | $19.5B | $1.2B | ||
| Q4 24 | $15.2B | $1.1B | ||
| Q3 24 | $17.8B | $1.1B | ||
| Q2 24 | $16.9B | $1.1B |
净利润BATPC
| Q1 26 | $-7.0M | — | ||
| Q4 25 | $8.2B | $28.8M | ||
| Q3 25 | $-5.3B | $3.6M | ||
| Q2 25 | $-611.0M | $20.0M | ||
| Q1 25 | $-37.0M | $28.0M | ||
| Q4 24 | $-3.9B | $-79.4M | ||
| Q3 24 | $-6.2B | $-100.9M | ||
| Q2 24 | $-1.4B | $812.0K |
毛利率BATPC
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | 9.8% | ||
| Q3 25 | -10.2% | 12.0% | ||
| Q2 25 | 10.7% | 14.3% | ||
| Q1 25 | 12.4% | 10.8% | ||
| Q4 24 | -10.4% | -0.9% | ||
| Q3 24 | -19.7% | -2.4% | ||
| Q2 24 | 7.3% | 10.4% |
营业利润率BATPC
| Q1 26 | 2.0% | — | ||
| Q4 25 | 36.7% | 3.3% | ||
| Q3 25 | -20.5% | 2.8% | ||
| Q2 25 | -0.8% | 5.6% | ||
| Q1 25 | 2.4% | 5.2% | ||
| Q4 24 | -24.7% | -8.1% | ||
| Q3 24 | -32.3% | -9.9% | ||
| Q2 24 | -6.5% | 3.6% |
净利率BATPC
| Q1 26 | -0.0% | — | ||
| Q4 25 | 34.3% | 1.9% | ||
| Q3 25 | -22.9% | 0.3% | ||
| Q2 25 | -2.7% | 1.5% | ||
| Q1 25 | -0.2% | 2.2% | ||
| Q4 24 | -25.4% | -7.4% | ||
| Q3 24 | -34.6% | -9.3% | ||
| Q2 24 | -8.5% | 0.1% |
每股收益（稀释后）BATPC
| Q1 26 | $-0.11 | — | ||
| Q4 25 | $10.70 | $0.53 | ||
| Q3 25 | $-7.14 | $0.07 | ||
| Q2 25 | $-0.92 | $0.38 | ||
| Q1 25 | $-0.16 | $0.53 | ||
| Q4 24 | $-5.50 | $-1.53 | ||
| Q3 24 | $-9.97 | $-1.92 | ||
| Q2 24 | $-2.33 | $0.02 |
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 | $9.4B | $734.6M |
| 总债务越低越好 | $44.4B | $407.4M |
| 股东权益账面价值 | $6.0B | $1.2B |
| 总资产 | $164.8B | $5.2B |
| 负债/权益比越低杠杆越低 | 7.41× | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资BATPC
| Q1 26 | $9.4B | — | ||
| Q4 25 | $29.4B | $734.6M | ||
| Q3 25 | $23.0B | $695.7M | ||
| Q2 25 | $23.0B | $526.1M | ||
| Q1 25 | $23.7B | $276.5M | ||
| Q4 24 | $26.3B | $455.1M | ||
| Q3 24 | $10.5B | $287.4M | ||
| Q2 24 | $12.6B | $267.1M |
总债务BATPC
| Q1 26 | $44.4B | — | ||
| Q4 25 | $45.6B | $407.4M | ||
| Q3 25 | $44.6B | $413.1M | ||
| Q2 25 | $44.6B | $419.4M | ||
| Q1 25 | $45.7B | $405.6M | ||
| Q4 24 | $52.6B | $534.1M | ||
| Q3 24 | $53.2B | $681.4M | ||
| Q2 24 | $53.2B | $676.4M |
股东权益BATPC
| Q1 26 | $6.0B | — | ||
| Q4 25 | $5.5B | $1.2B | ||
| Q3 25 | $-8.3B | $1.2B | ||
| Q2 25 | $-3.3B | $1.2B | ||
| Q1 25 | $-3.3B | $1.2B | ||
| Q4 24 | $-3.9B | $1.1B | ||
| Q3 24 | $-23.6B | $1.2B | ||
| Q2 24 | $-18.0B | $1.3B |
总资产BATPC
| Q1 26 | $164.8B | — | ||
| Q4 25 | $168.2B | $5.2B | ||
| Q3 25 | $150.0B | $5.2B | ||
| Q2 25 | $155.1B | $4.9B | ||
| Q1 25 | $156.5B | $4.5B | ||
| Q4 24 | $156.4B | $4.2B | ||
| Q3 24 | $137.7B | $4.4B | ||
| Q2 24 | $142.7B | $4.3B |
负债/权益比BATPC
| Q1 26 | 7.41× | — | ||
| Q4 25 | 8.37× | 0.33× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | — | 0.52× |
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 | — | $173.7M |
| 自由现金流经营现金流 - 资本支出 | $-1.5B | $98.7M |
| 自由现金流率自由现金流/营收 | -6.5% | 6.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | — | 6.02× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $567.2M |
8季度趋势，按日历期对齐
经营现金流BATPC
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $173.7M | ||
| Q3 25 | $1.1B | $289.1M | ||
| Q2 25 | $227.0M | $262.4M | ||
| Q1 25 | $-1.6B | $22.9M | ||
| Q4 24 | $-3.5B | $329.6M | ||
| Q3 24 | $-1.3B | $22.6M | ||
| Q2 24 | $-3.9B | $53.1M |
自由现金流BATPC
| Q1 26 | $-1.5B | — | ||
| Q4 25 | $375.0M | $98.7M | ||
| Q3 25 | $238.0M | $240.2M | ||
| Q2 25 | $-200.0M | $235.6M | ||
| Q1 25 | $-2.3B | $-7.2M | ||
| Q4 24 | $-4.1B | $320.4M | ||
| Q3 24 | $-2.0B | $15.6M | ||
| Q2 24 | $-4.3B | $42.2M |
自由现金流率BATPC
| Q1 26 | -6.5% | — | ||
| Q4 25 | 1.6% | 6.5% | ||
| Q3 25 | 1.0% | 17.0% | ||
| Q2 25 | -0.9% | 17.1% | ||
| Q1 25 | -11.7% | -0.6% | ||
| Q4 24 | -26.9% | 30.0% | ||
| Q3 24 | -11.0% | 1.4% | ||
| Q2 24 | -25.7% | 3.7% |
资本支出强度BATPC
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 5.0% | ||
| Q3 25 | 3.8% | 3.5% | ||
| Q2 25 | 1.9% | 2.0% | ||
| Q1 25 | 3.5% | 2.4% | ||
| Q4 24 | 4.3% | 0.9% | ||
| Q3 24 | 3.4% | 0.6% | ||
| Q2 24 | 2.4% | 1.0% |
现金转化率BATPC
| Q1 26 | — | — | ||
| Q4 25 | 0.16× | 6.02× | ||
| Q3 25 | — | 79.63× | ||
| Q2 25 | — | 13.14× | ||
| Q1 25 | — | 0.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 65.44× |
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
BA
| Commercial Airplanes | $9.2B | 41% |
| Defense, Space & Security | $7.6B | 34% |
| Global Services | $5.4B | 24% |
TPC
| State And Local Agencies | $591.1M | 39% |
| Mass Transit | $449.9M | 30% |
| Federal Agencies | $115.0M | 8% |
| Bridges | $100.5M | 7% |
| Military Facilities | $93.1M | 6% |
| Commercial And Industrial Facilities | $46.7M | 3% |
| Detention Facilities | $43.8M | 3% |
| Power And Energy | $35.8M | 2% |
| Multi Unit Residential | $25.9M | 2% |
| Education Facilities | $12.0M | 1% |
| Water | $3.6M | 0% |
