vs
TopBuild Corp（BLD）与COMERICA INC（CMA）财务数据对比。点击上方公司名可切换其他公司
TopBuild Corp的季度营收约是COMERICA INC的1.8倍（$1.5B vs $838.0M），COMERICA INC净利率更高（21.0% vs 7.0%，领先14.0%），TopBuild Corp同比增速更快（13.2% vs 3.3%），过去两年COMERICA INC的营收复合增速更高（108.9% vs 7.8%）
HashiCorp是总部位于美国加利福尼亚州旧金山的软件企业，2012年由米切尔·桥本与阿蒙·达德加创立，采用免费增值商业模式，为开发、运维及安全从业人员提供云基础设施配置、防护、运行与连接相关的工具及产品。
Comerica公司是总部位于美国得克萨斯州达拉斯的金融服务企业，为美国大型金融控股公司之一。旗下Comerica银行为区域性商业银行，在得克萨斯、密歇根、加利福尼亚、佛罗里达、亚利桑那五州共设413家网点，在美国多座城市设有办公场所。
BLD vs CMA — 直观对比
营收规模更大
BLD
是对方的1.8倍
$838.0M
营收增速更快
BLD
高出9.9%
3.3%
净利率更高
CMA
高出14.0%
7.0%
两年增速更快
CMA
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $838.0M |
| 净利润 | $104.5M | $176.0M |
| 毛利率 | 27.2% | — |
| 营业利润率 | 12.1% | — |
| 净利率 | 7.0% | 21.0% |
| 营收同比 | 13.2% | 3.3% |
| 净利润同比 | -30.6% | -4.3% |
| 每股收益（稀释后） | $3.69 | $1.35 |
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BLDCMA
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | $838.0M | ||
| Q2 25 | $1.3B | $849.0M | ||
| Q1 25 | $1.2B | $829.0M | ||
| Q4 24 | $1.3B | $825.0M | ||
| Q3 24 | $1.4B | $811.0M | ||
| Q2 24 | $1.4B | $824.0M | ||
| Q1 24 | $1.3B | $784.0M |
净利润BLDCMA
| Q4 25 | $104.5M | — | ||
| Q3 25 | $142.2M | $176.0M | ||
| Q2 25 | $151.6M | $199.0M | ||
| Q1 25 | $123.4M | $172.0M | ||
| Q4 24 | $150.5M | $170.0M | ||
| Q3 24 | $169.0M | $184.0M | ||
| Q2 24 | $150.7M | $206.0M | ||
| Q1 24 | $152.4M | $138.0M |
毛利率BLDCMA
| Q4 25 | 27.2% | — | ||
| Q3 25 | 30.1% | — | ||
| Q2 25 | 30.4% | — | ||
| Q1 25 | 28.5% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 30.7% | — | ||
| Q2 24 | 31.0% | — | ||
| Q1 24 | 30.3% | — |
营业利润率BLDCMA
| Q4 25 | 12.1% | — | ||
| Q3 25 | 15.4% | — | ||
| Q2 25 | 16.9% | — | ||
| Q1 25 | 14.4% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 15.4% | — | ||
| Q1 24 | 16.8% | — |
净利率BLDCMA
| Q4 25 | 7.0% | — | ||
| Q3 25 | 10.2% | 21.0% | ||
| Q2 25 | 11.7% | 23.4% | ||
| Q1 25 | 10.0% | 20.7% | ||
| Q4 24 | 11.5% | 20.6% | ||
| Q3 24 | 12.3% | 22.7% | ||
| Q2 24 | 11.0% | 25.0% | ||
| Q1 24 | 11.9% | 17.6% |
每股收益（稀释后）BLDCMA
| Q4 25 | $3.69 | — | ||
| Q3 25 | $5.04 | $1.35 | ||
| Q2 25 | $5.32 | $1.42 | ||
| Q1 25 | $4.23 | $1.25 | ||
| Q4 24 | $5.07 | $1.22 | ||
| Q3 24 | $5.65 | $1.33 | ||
| Q2 24 | $4.78 | $1.49 | ||
| Q1 24 | $4.79 | $0.98 |
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 | $184.7M | — |
| 总债务越低越好 | $2.8B | $5.4B |
| 股东权益账面价值 | $2.3B | $7.4B |
| 总资产 | $6.6B | $77.4B |
| 负债/权益比越低杠杆越低 | 1.23× | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资BLDCMA
| Q4 25 | $184.7M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $842.5M | — | ||
| Q1 25 | $308.8M | — | ||
| Q4 24 | $400.3M | — | ||
| Q3 24 | $257.3M | — | ||
| Q2 24 | $463.2M | — | ||
| Q1 24 | $968.8M | — |
总债务BLDCMA
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.9B | $5.4B | ||
| Q2 25 | $1.9B | $5.8B | ||
| Q1 25 | $1.4B | $5.7B | ||
| Q4 24 | $1.4B | $6.7B | ||
| Q3 24 | $1.4B | $6.8B | ||
| Q2 24 | $1.4B | $7.1B | ||
| Q1 24 | $1.4B | $7.1B |
股东权益BLDCMA
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | $7.4B | ||
| Q2 25 | $2.1B | $6.9B | ||
| Q1 25 | $2.1B | $7.1B | ||
| Q4 24 | $2.2B | $6.5B | ||
| Q3 24 | $2.1B | $7.4B | ||
| Q2 24 | $2.4B | $6.2B | ||
| Q1 24 | $2.7B | $6.0B |
总资产BLDCMA
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.4B | $77.4B | ||
| Q2 25 | $5.1B | $78.0B | ||
| Q1 25 | $4.6B | $77.6B | ||
| Q4 24 | $4.7B | $79.3B | ||
| Q3 24 | $4.7B | $79.7B | ||
| Q2 24 | $4.9B | $79.6B | ||
| Q1 24 | $5.3B | $79.4B |
负债/权益比BLDCMA
| Q4 25 | 1.23× | — | ||
| Q3 25 | 1.29× | 0.73× | ||
| Q2 25 | 0.88× | 0.84× | ||
| Q1 25 | 0.65× | 0.81× | ||
| Q4 24 | 0.62× | 1.02× | ||
| Q3 24 | 0.66× | 0.92× | ||
| Q2 24 | 0.59× | 1.15× | ||
| Q1 24 | 0.52× | 1.18× |
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 | $176.7M | $-270.0M |
| 自由现金流经营现金流 - 资本支出 | $159.4M | — |
| 自由现金流率自由现金流/营收 | 10.7% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 1.69× | -1.53× |
| 过去12个月自由现金流最近4个季度 | $696.9M | — |
8季度趋势，按日历期对齐
经营现金流BLDCMA
| Q4 25 | $176.7M | — | ||
| Q3 25 | $233.3M | $-270.0M | ||
| Q2 25 | $193.7M | $476.0M | ||
| Q1 25 | $152.6M | $273.0M | ||
| Q4 24 | $266.2M | $601.0M | ||
| Q3 24 | $240.7M | $1.0B | ||
| Q2 24 | $90.4M | $111.0M | ||
| Q1 24 | $178.8M | $-205.0M |
自由现金流BLDCMA
| Q4 25 | $159.4M | — | ||
| Q3 25 | $216.2M | — | ||
| Q2 25 | $182.2M | — | ||
| Q1 25 | $139.2M | — | ||
| Q4 24 | $253.7M | — | ||
| Q3 24 | $219.8M | — | ||
| Q2 24 | $74.3M | — | ||
| Q1 24 | $158.9M | — |
自由现金流率BLDCMA
| Q4 25 | 10.7% | — | ||
| Q3 25 | 15.5% | — | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | 11.3% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 16.0% | — | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | 12.4% | — |
资本支出强度BLDCMA
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 1.6% | — |
现金转化率BLDCMA
| Q4 25 | 1.69× | — | ||
| Q3 25 | 1.64× | -1.53× | ||
| Q2 25 | 1.28× | 2.39× | ||
| Q1 25 | 1.24× | 1.59× | ||
| Q4 24 | 1.77× | 3.54× | ||
| Q3 24 | 1.42× | 5.70× | ||
| Q2 24 | 0.60× | 0.54× | ||
| Q1 24 | 1.17× | -1.49× |
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
BLD
| Distribution Segment | $755.4M | 51% |
| Residential | $557.9M | 38% |
| All Other Products | $91.9M | 6% |
| Glass And Windows | $51.5M | 3% |
| Rain Gutters | $27.1M | 2% |
CMA
暂无分部数据
