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Concrete Pumping Holdings, Inc.（BBCP）与BLACKLINE, INC.（BL）财务数据对比。点击上方公司名可切换其他公司
BLACKLINE, INC.的季度营收约是Concrete Pumping Holdings, Inc.的1.9倍（$183.2M vs $98.9M），Concrete Pumping Holdings, Inc.净利率更高（5.4% vs 2.7%，领先2.7%），BLACKLINE, INC.同比增速更快（8.1% vs -3.2%），BLACKLINE, INC.自由现金流更多（$26.1M vs $1.9M），过去两年BLACKLINE, INC.的营收复合增速更高（7.9% vs 4.8%）
Concrete Pumping Holdings, Inc.是领先的混凝土泵送服务及相关设备租赁供应商，主要面向美国和英国市场，业务覆盖基础设施建设、商业地产开发、住宅建造等核心建筑领域，为各类项目提供高效安全的混凝土输送解决方案。
BlackLine是一家美国企业级软件公司，总部位于洛杉矶，在全球设有17个办事处，专注于开发云服务，可实现财务结账全流程自动化与管理，同时覆盖财务合并、发票到回款流程及公司间会计核算等业务场景。
BBCP vs BL — 直观对比
营收规模更大
BL
是对方的1.9倍
$98.9M
营收增速更快
BL
高出11.2%
-3.2%
净利率更高
BBCP
高出2.7%
2.7%
自由现金流更多
BL
多$24.1M
$1.9M
两年增速更快
BL
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $98.9M | $183.2M |
| 净利润 | $5.3M | $4.9M |
| 毛利率 | 43.8% | 75.2% |
| 营业利润率 | 17.0% | 3.7% |
| 净利率 | 5.4% | 2.7% |
| 营收同比 | -3.2% | 8.1% |
| 净利润同比 | -43.6% | -91.3% |
| 每股收益（稀释后） | $0.09 | $0.07 |
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BBCPBL
| Q4 25 | $98.9M | $183.2M | ||
| Q3 25 | $94.2M | $178.3M | ||
| Q2 25 | $85.2M | $172.0M | ||
| Q1 25 | $78.0M | $166.9M | ||
| Q4 24 | $102.1M | $169.5M | ||
| Q3 24 | $100.6M | $165.9M | ||
| Q2 24 | $98.7M | $160.5M | ||
| Q1 24 | $90.0M | $157.5M |
净利润BBCPBL
| Q4 25 | $5.3M | $4.9M | ||
| Q3 25 | $3.7M | $5.3M | ||
| Q2 25 | $-4.0K | $8.3M | ||
| Q1 25 | $-2.6M | $6.1M | ||
| Q4 24 | $9.4M | $56.4M | ||
| Q3 24 | $7.6M | $17.2M | ||
| Q2 24 | $3.0M | $76.7M | ||
| Q1 24 | $-3.8M | $10.8M |
毛利率BBCPBL
| Q4 25 | 43.8% | 75.2% | ||
| Q3 25 | 42.9% | 75.1% | ||
| Q2 25 | 42.5% | 75.2% | ||
| Q1 25 | 40.0% | 75.5% | ||
| Q4 24 | 45.3% | 75.6% | ||
| Q3 24 | 44.3% | 75.2% | ||
| Q2 24 | 42.3% | 74.9% | ||
| Q1 24 | 37.0% | 75.2% |
营业利润率BBCPBL
| Q4 25 | 17.0% | 3.7% | ||
| Q3 25 | 13.7% | 4.3% | ||
| Q2 25 | 9.7% | 4.4% | ||
| Q1 25 | 4.5% | 2.1% | ||
| Q4 24 | 18.8% | 3.7% | ||
| Q3 24 | 16.5% | 5.0% | ||
| Q2 24 | 12.2% | 1.4% | ||
| Q1 24 | 1.6% | 1.1% |
净利率BBCPBL
| Q4 25 | 5.4% | 2.7% | ||
| Q3 25 | 3.9% | 3.0% | ||
| Q2 25 | -0.0% | 4.8% | ||
| Q1 25 | -3.4% | 3.6% | ||
| Q4 24 | 9.2% | 33.3% | ||
| Q3 24 | 7.5% | 10.4% | ||
| Q2 24 | 3.1% | 47.8% | ||
| Q1 24 | -4.3% | 6.9% |
每股收益（稀释后）BBCPBL
| Q4 25 | $0.09 | $0.07 | ||
| Q3 25 | $0.07 | $0.09 | ||
| Q2 25 | $-0.01 | $0.13 | ||
| Q1 25 | $-0.06 | $0.10 | ||
| Q4 24 | $0.16 | $0.79 | ||
| Q3 24 | $0.13 | $0.27 | ||
| Q2 24 | $0.05 | $0.22 | ||
| Q1 24 | $-0.08 | $0.17 |
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 | $44.4M | $390.0M |
| 总债务越低越好 | $417.9M | — |
| 股东权益账面价值 | $264.8M | $332.3M |
| 总资产 | $879.5M | $1.8B |
| 负债/权益比越低杠杆越低 | 1.58× | — |
8季度趋势，按日历期对齐
现金及短期投资BBCPBL
| Q4 25 | $44.4M | $390.0M | ||
| Q3 25 | $41.0M | $419.9M | ||
| Q2 25 | $37.8M | $459.1M | ||
| Q1 25 | $85.1M | $479.5M | ||
| Q4 24 | $43.0M | $885.9M | ||
| Q3 24 | $26.3M | $725.3M | ||
| Q2 24 | $18.0M | $616.6M | ||
| Q1 24 | $14.7M | $331.4M |
总债务BBCPBL
| Q4 25 | $417.9M | — | ||
| Q3 25 | $417.6M | — | ||
| Q2 25 | $417.3M | — | ||
| Q1 25 | $417.1M | — | ||
| Q4 24 | $373.3M | — | ||
| Q3 24 | $372.9M | — | ||
| Q2 24 | $372.6M | — | ||
| Q1 24 | $372.2M | — |
股东权益BBCPBL
| Q4 25 | $264.8M | $332.3M | ||
| Q3 25 | $261.3M | $328.3M | ||
| Q2 25 | $261.8M | $414.0M | ||
| Q1 25 | $260.7M | $417.9M | ||
| Q4 24 | $321.7M | $446.7M | ||
| Q3 24 | $314.7M | $367.9M | ||
| Q2 24 | $308.3M | $325.8M | ||
| Q1 24 | $307.9M | $279.8M |
总资产BBCPBL
| Q4 25 | $879.5M | $1.8B | ||
| Q3 25 | $886.0M | $1.7B | ||
| Q2 25 | $878.8M | $1.8B | ||
| Q1 25 | $912.9M | $1.8B | ||
| Q4 24 | $898.0M | $1.8B | ||
| Q3 24 | $890.8M | $1.7B | ||
| Q2 24 | $894.7M | $1.9B | ||
| Q1 24 | $894.8M | $2.1B |
负债/权益比BBCPBL
| Q4 25 | 1.58× | — | ||
| Q3 25 | 1.60× | — | ||
| Q2 25 | 1.59× | — | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 1.16× | — | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 1.21× | — |
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 | $14.5M | $26.7M |
| 自由现金流经营现金流 - 资本支出 | $1.9M | $26.1M |
| 自由现金流率自由现金流/营收 | 1.9% | 14.2% |
| 资本支出强度资本支出/营收 | 12.7% | 0.3% |
| 现金转化率经营现金流/净利润 | 2.72× | 5.46× |
| 过去12个月自由现金流最近4个季度 | $17.5M | $161.5M |
8季度趋势，按日历期对齐
经营现金流BBCPBL
| Q4 25 | $14.5M | $26.7M | ||
| Q3 25 | $19.1M | $63.8M | ||
| Q2 25 | $24.7M | $32.3M | ||
| Q1 25 | $6.0M | $46.7M | ||
| Q4 24 | $22.4M | $43.8M | ||
| Q3 24 | $35.0M | $55.9M | ||
| Q2 24 | $9.1M | $40.7M | ||
| Q1 24 | $20.3M | $50.4M |
自由现金流BBCPBL
| Q4 25 | $1.9M | $26.1M | ||
| Q3 25 | $4.3M | $63.3M | ||
| Q2 25 | $11.1M | $31.4M | ||
| Q1 25 | $191.0K | $40.8M | ||
| Q4 24 | $16.1M | $43.0M | ||
| Q3 24 | $26.4M | $55.5M | ||
| Q2 24 | $-1.9M | $40.0M | ||
| Q1 24 | $2.5M | $50.1M |
自由现金流率BBCPBL
| Q4 25 | 1.9% | 14.2% | ||
| Q3 25 | 4.6% | 35.5% | ||
| Q2 25 | 13.0% | 18.2% | ||
| Q1 25 | 0.2% | 24.4% | ||
| Q4 24 | 15.8% | 25.4% | ||
| Q3 24 | 26.2% | 33.5% | ||
| Q2 24 | -1.9% | 24.9% | ||
| Q1 24 | 2.8% | 31.8% |
资本支出强度BBCPBL
| Q4 25 | 12.7% | 0.3% | ||
| Q3 25 | 15.7% | 0.3% | ||
| Q2 25 | 16.0% | 0.6% | ||
| Q1 25 | 7.5% | 3.6% | ||
| Q4 24 | 6.2% | 0.4% | ||
| Q3 24 | 8.6% | 0.2% | ||
| Q2 24 | 11.2% | 0.4% | ||
| Q1 24 | 19.7% | 0.2% |
现金转化率BBCPBL
| Q4 25 | 2.72× | 5.46× | ||
| Q3 25 | 5.16× | 12.07× | ||
| Q2 25 | — | 3.90× | ||
| Q1 25 | — | 7.72× | ||
| Q4 24 | 2.38× | 0.78× | ||
| Q3 24 | 4.63× | 3.24× | ||
| Q2 24 | 3.00× | 0.53× | ||
| Q1 24 | — | 4.66× |
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
BBCP
| US Concrete Pumping | $72.2M | 73% |
| US Concrete Waste Management Services | $21.3M | 22% |
| Other | $5.4M | 5% |
BL
| Subscription And Circulation | $173.2M | 95% |
| Technology Service | $10.0M | 5% |
