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TopBuild Corp（BLD）与CenterPoint Energy（CNP）财务数据对比。点击上方公司名可切换其他公司
CenterPoint Energy的季度营收约是TopBuild Corp的1.6倍（$2.4B vs $1.5B），CenterPoint Energy净利率更高（10.8% vs 7.0%，领先3.8%），TopBuild Corp同比增速更快（13.2% vs 10.7%），TopBuild Corp自由现金流更多（$159.4M vs $-707.0M），过去两年TopBuild Corp的营收复合增速更高（7.8% vs -3.1%）
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。
CenterPoint Energy是总部位于美国得克萨斯州休斯敦的公用事业企业，位列《财富》美国500强，为印第安纳、俄亥俄、路易斯安那、明尼苏达、密西西比、得克萨斯六州多个区域的用户提供电力及天然气公用事业服务，曾使用Reliant Energy、Houston Industries等名称开展业务。
BLD vs CNP — 直观对比
营收规模更大
CNP
是对方的1.6倍
$1.5B
营收增速更快
BLD
高出2.5%
10.7%
净利率更高
CNP
高出3.8%
7.0%
自由现金流更多
BLD
多$866.4M
$-707.0M
两年增速更快
BLD
近两年复合增速
-3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.4B |
| 净利润 | $104.5M | $264.0M |
| 毛利率 | 27.2% | — |
| 营业利润率 | 12.1% | 22.2% |
| 净利率 | 7.0% | 10.8% |
| 营收同比 | 13.2% | 10.7% |
| 净利润同比 | -30.6% | 6.5% |
| 每股收益（稀释后） | $3.69 | $0.40 |
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BLDCNP
| Q4 25 | $1.5B | $2.4B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.2B | $3.0B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B | ||
| Q1 24 | $1.3B | $2.6B |
净利润BLDCNP
| Q4 25 | $104.5M | $264.0M | ||
| Q3 25 | $142.2M | $293.0M | ||
| Q2 25 | $151.6M | $198.0M | ||
| Q1 25 | $123.4M | $297.0M | ||
| Q4 24 | $150.5M | $248.0M | ||
| Q3 24 | $169.0M | $193.0M | ||
| Q2 24 | $150.7M | $228.0M | ||
| Q1 24 | $152.4M | $350.0M |
毛利率BLDCNP
| Q4 25 | 27.2% | — | ||
| Q3 25 | 30.1% | 99.9% | ||
| Q2 25 | 30.4% | 99.9% | ||
| Q1 25 | 28.5% | 100.0% | ||
| Q4 24 | 29.9% | 100.0% | ||
| Q3 24 | 30.7% | 99.9% | ||
| Q2 24 | 31.0% | — | ||
| Q1 24 | 30.3% | 100.0% |
营业利润率BLDCNP
| Q4 25 | 12.1% | 22.2% | ||
| Q3 25 | 15.4% | 25.2% | ||
| Q2 25 | 16.9% | 21.4% | ||
| Q1 25 | 14.4% | 22.0% | ||
| Q4 24 | 16.6% | 21.9% | ||
| Q3 24 | 17.8% | 22.9% | ||
| Q2 24 | 15.4% | 24.5% | ||
| Q1 24 | 16.8% | 23.7% |
净利率BLDCNP
| Q4 25 | 7.0% | 10.8% | ||
| Q3 25 | 10.2% | 14.7% | ||
| Q2 25 | 11.7% | 10.1% | ||
| Q1 25 | 10.0% | 10.0% | ||
| Q4 24 | 11.5% | 11.3% | ||
| Q3 24 | 12.3% | 10.4% | ||
| Q2 24 | 11.0% | 12.0% | ||
| Q1 24 | 11.9% | 13.5% |
每股收益（稀释后）BLDCNP
| Q4 25 | $3.69 | $0.40 | ||
| Q3 25 | $5.04 | $0.45 | ||
| Q2 25 | $5.32 | $0.30 | ||
| Q1 25 | $4.23 | $0.45 | ||
| Q4 24 | $5.07 | $0.37 | ||
| Q3 24 | $5.65 | $0.30 | ||
| Q2 24 | $4.78 | $0.36 | ||
| Q1 24 | $4.79 | $0.55 |
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 | $548.0M |
| 总债务越低越好 | $2.8B | $20.6B |
| 股东权益账面价值 | $2.3B | $11.2B |
| 总资产 | $6.6B | $46.5B |
| 负债/权益比越低杠杆越低 | 1.23× | 1.84× |
8季度趋势，按日历期对齐
现金及短期投资BLDCNP
| Q4 25 | $184.7M | $548.0M | ||
| Q3 25 | $1.1B | $616.0M | ||
| Q2 25 | $842.5M | $776.0M | ||
| Q1 25 | $308.8M | $1.9B | ||
| Q4 24 | $400.3M | $585.0M | ||
| Q3 24 | $257.3M | $643.0M | ||
| Q2 24 | $463.2M | $543.0M | ||
| Q1 24 | $968.8M | $619.0M |
总债务BLDCNP
| Q4 25 | $2.8B | $20.6B | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | $20.4B | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益BLDCNP
| Q4 25 | $2.3B | $11.2B | ||
| Q3 25 | $2.2B | $11.0B | ||
| Q2 25 | $2.1B | $11.0B | ||
| Q1 25 | $2.1B | $11.0B | ||
| Q4 24 | $2.2B | $10.7B | ||
| Q3 24 | $2.1B | $10.5B | ||
| Q2 24 | $2.4B | $10.4B | ||
| Q1 24 | $2.7B | $10.0B |
总资产BLDCNP
| Q4 25 | $6.6B | $46.5B | ||
| Q3 25 | $6.4B | $45.0B | ||
| Q2 25 | $5.1B | $44.1B | ||
| Q1 25 | $4.6B | $44.5B | ||
| Q4 24 | $4.7B | $43.8B | ||
| Q3 24 | $4.7B | $42.9B | ||
| Q2 24 | $4.9B | $41.0B | ||
| Q1 24 | $5.3B | $40.2B |
负债/权益比BLDCNP
| Q4 25 | 1.23× | 1.84× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.62× | 1.91× | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 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 | $176.7M | $774.0M |
| 自由现金流经营现金流 - 资本支出 | $159.4M | $-707.0M |
| 自由现金流率自由现金流/营收 | 10.7% | -29.0% |
| 资本支出强度资本支出/营收 | 1.2% | 60.7% |
| 现金转化率经营现金流/净利润 | 1.69× | 2.93× |
| 过去12个月自由现金流最近4个季度 | $696.9M | $-2.4B |
8季度趋势，按日历期对齐
经营现金流BLDCNP
| Q4 25 | $176.7M | $774.0M | ||
| Q3 25 | $233.3M | $742.0M | ||
| Q2 25 | $193.7M | $560.0M | ||
| Q1 25 | $152.6M | $410.0M | ||
| Q4 24 | $266.2M | $889.0M | ||
| Q3 24 | $240.7M | $136.0M | ||
| Q2 24 | $90.4M | $576.0M | ||
| Q1 24 | $178.8M | $538.0M |
自由现金流BLDCNP
| Q4 25 | $159.4M | $-707.0M | ||
| Q3 25 | $216.2M | $-480.0M | ||
| Q2 25 | $182.2M | $-569.0M | ||
| Q1 25 | $139.2M | $-628.0M | ||
| Q4 24 | $253.7M | $-1.1B | ||
| Q3 24 | $219.8M | $-708.0M | ||
| Q2 24 | $74.3M | $-236.0M | ||
| Q1 24 | $158.9M | $-307.0M |
自由现金流率BLDCNP
| Q4 25 | 10.7% | -29.0% | ||
| Q3 25 | 15.5% | -24.1% | ||
| Q2 25 | 14.0% | -29.1% | ||
| Q1 25 | 11.3% | -21.2% | ||
| Q4 24 | 19.3% | -51.0% | ||
| Q3 24 | 16.0% | -38.3% | ||
| Q2 24 | 5.4% | -12.4% | ||
| Q1 24 | 12.4% | -11.8% |
资本支出强度BLDCNP
| Q4 25 | 1.2% | 60.7% | ||
| Q3 25 | 1.2% | 61.4% | ||
| Q2 25 | 0.9% | 57.8% | ||
| Q1 25 | 1.1% | 35.1% | ||
| Q4 24 | 1.0% | 91.3% | ||
| Q3 24 | 1.5% | 45.6% | ||
| Q2 24 | 1.2% | 42.6% | ||
| Q1 24 | 1.6% | 32.6% |
现金转化率BLDCNP
| Q4 25 | 1.69× | 2.93× | ||
| Q3 25 | 1.64× | 2.53× | ||
| Q2 25 | 1.28× | 2.83× | ||
| Q1 25 | 1.24× | 1.38× | ||
| Q4 24 | 1.77× | 3.58× | ||
| Q3 24 | 1.42× | 0.70× | ||
| Q2 24 | 0.60× | 2.53× | ||
| Q1 24 | 1.17× | 1.54× |
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% |
CNP
| Electric Segment | $945.0M | 39% |
| Electric | $890.0M | 37% |
| Other | $603.0M | 25% |
