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布鲁克菲尔德资产管理（BAM）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
布鲁克菲尔德资产管理的季度营收约是IES Holdings, Inc.的1.2倍（$1.1B vs $871.0M），布鲁克菲尔德资产管理净利率更高（56.7% vs 10.5%，领先46.1%）
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
BAM vs IESC — 直观对比
营收规模更大
BAM
是对方的1.2倍
$871.0M
净利率更高
BAM
高出46.1%
10.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $871.0M |
| 净利润 | $615.0M | $91.8M |
| 毛利率 | — | 25.3% |
| 营业利润率 | 84.2% | 11.2% |
| 净利率 | 56.7% | 10.5% |
| 营收同比 | — | 16.2% |
| 净利润同比 | — | 59.1% |
| 每股收益（稀释后） | — | $4.51 |
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BAMIESC
| Q4 25 | $1.1B | $871.0M | ||
| Q3 25 | $974.0M | $897.8M | ||
| Q2 25 | $931.0M | $890.2M | ||
| Q1 25 | $954.0M | $834.0M | ||
| Q4 24 | — | $749.5M | ||
| Q3 24 | $873.0M | $775.8M | ||
| Q2 24 | $821.0M | $768.4M | ||
| Q1 24 | $786.0M | $705.7M |
净利润BAMIESC
| Q4 25 | $615.0M | $91.8M | ||
| Q3 25 | $692.0M | $102.3M | ||
| Q2 25 | $584.0M | $79.3M | ||
| Q1 25 | $507.0M | $72.6M | ||
| Q4 24 | — | $57.7M | ||
| Q3 24 | $537.0M | $65.5M | ||
| Q2 24 | $124.0M | $66.6M | ||
| Q1 24 | $373.0M | $56.8M |
毛利率BAMIESC
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 26.9% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 24.3% |
营业利润率BAMIESC
| Q4 25 | 84.2% | 11.2% | ||
| Q3 25 | 79.1% | 11.6% | ||
| Q2 25 | 70.8% | 12.6% | ||
| Q1 25 | 61.0% | 11.1% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 72.5% | 9.7% | ||
| Q2 24 | 80.4% | 11.7% | ||
| Q1 24 | 56.5% | 11.0% |
净利率BAMIESC
| Q4 25 | 56.7% | 10.5% | ||
| Q3 25 | 71.0% | 11.4% | ||
| Q2 25 | 62.7% | 8.9% | ||
| Q1 25 | 53.1% | 8.7% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | 61.5% | 8.4% | ||
| Q2 24 | 15.1% | 8.7% | ||
| Q1 24 | 47.5% | 8.0% |
每股收益（稀释后）BAMIESC
| Q4 25 | — | $4.51 | ||
| Q3 25 | — | $4.99 | ||
| Q2 25 | — | $3.81 | ||
| Q1 25 | — | $3.50 | ||
| Q4 24 | — | $2.72 | ||
| Q3 24 | — | $3.06 | ||
| Q2 24 | — | $2.67 | ||
| Q1 24 | — | $2.29 |
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 | $1.6B | $258.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.9B | $961.1M |
| 总资产 | $17.0B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BAMIESC
| Q4 25 | $1.6B | $258.7M | ||
| Q3 25 | $1.1B | $231.8M | ||
| Q2 25 | $480.0M | $168.3M | ||
| Q1 25 | $332.0M | $88.3M | ||
| Q4 24 | — | $112.0M | ||
| Q3 24 | — | $135.8M | ||
| Q2 24 | $10.0M | $44.9M | ||
| Q1 24 | — | $106.0M |
股东权益BAMIESC
| Q4 25 | $8.9B | $961.1M | ||
| Q3 25 | $8.5B | $884.0M | ||
| Q2 25 | $8.5B | $781.4M | ||
| Q1 25 | $8.5B | $705.8M | ||
| Q4 24 | — | $652.4M | ||
| Q3 24 | $9.0B | $611.1M | ||
| Q2 24 | $3.2B | $567.5M | ||
| Q1 24 | $2.2B | $534.8M |
总资产BAMIESC
| Q4 25 | $17.0B | $1.7B | ||
| Q3 25 | $16.5B | $1.6B | ||
| Q2 25 | $16.1B | $1.5B | ||
| Q1 25 | $15.0B | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | $4.2B | $1.2B | ||
| Q1 24 | — | $1.1B |
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 | $562.0M | $27.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.9M |
| 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 | — | 5.3% |
| 现金转化率经营现金流/净利润 | 0.91× | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | $175.9M |
8季度趋势，按日历期对齐
经营现金流BAMIESC
| Q4 25 | $562.0M | $27.7M | ||
| Q3 25 | $745.0M | $132.0M | ||
| Q2 25 | $529.0M | $92.0M | ||
| Q1 25 | $265.0M | $24.8M | ||
| Q4 24 | — | $37.3M | ||
| Q3 24 | $567.0M | $92.8M | ||
| Q2 24 | $159.0M | $82.9M | ||
| Q1 24 | $516.0M | $33.7M |
自由现金流BAMIESC
| Q4 25 | — | $-18.9M | ||
| Q3 25 | — | $112.0M | ||
| Q2 25 | — | $74.8M | ||
| Q1 25 | — | $7.9M | ||
| Q4 24 | — | $24.1M | ||
| Q3 24 | — | $78.5M | ||
| Q2 24 | — | $65.4M | ||
| Q1 24 | — | $26.9M |
自由现金流率BAMIESC
| Q4 25 | — | -2.2% | ||
| Q3 25 | — | 12.5% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | — | 3.8% |
资本支出强度BAMIESC
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 1.0% |
现金转化率BAMIESC
| Q4 25 | 0.91× | 0.30× | ||
| Q3 25 | 1.08× | 1.29× | ||
| Q2 25 | 0.91× | 1.16× | ||
| Q1 25 | 0.52× | 0.34× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | 1.06× | 1.42× | ||
| Q2 24 | 1.28× | 1.24× | ||
| Q1 24 | 1.38× | 0.59× |
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
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
