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TopBuild Corp（BLD）与梅特勒-托利多（MTD）财务数据对比。点击上方公司名可切换其他公司
TopBuild Corp的季度营收约是梅特勒-托利多的1.3倍（$1.5B vs $1.1B），梅特勒-托利多净利率更高（25.3% vs 7.0%，领先18.3%），TopBuild Corp同比增速更快（13.2% vs 8.1%），梅特勒-托利多自由现金流更多（$184.1M vs $159.4M），过去两年梅特勒-托利多的营收复合增速更高（10.5% 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。
梅特勒-托利多是全球知名的精密仪器及服务跨国供应商，业务覆盖实验室、工业生产、产品检测、食品零售等应用场景，旗下产品广泛应用于生命科学、食品、化工等众多行业的科研、质量管控及生产制造环节。
BLD vs MTD — 直观对比
营收规模更大
BLD
是对方的1.3倍
$1.1B
营收增速更快
BLD
高出5.1%
8.1%
净利率更高
MTD
高出18.3%
7.0%
自由现金流更多
MTD
多$24.7M
$159.4M
两年增速更快
MTD
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.1B |
| 净利润 | $104.5M | $285.8M |
| 毛利率 | 27.2% | 59.8% |
| 营业利润率 | 12.1% | 29.1% |
| 净利率 | 7.0% | 25.3% |
| 营收同比 | 13.2% | 8.1% |
| 净利润同比 | -30.6% | 13.3% |
| 每股收益（稀释后） | $3.69 | $13.91 |
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BLDMTD
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.4B | $1.0B | ||
| Q2 25 | $1.3B | $983.2M | ||
| Q1 25 | $1.2B | $883.7M | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.4B | $954.5M | ||
| Q2 24 | $1.4B | $946.8M | ||
| Q1 24 | $1.3B | $925.9M |
净利润BLDMTD
| Q4 25 | $104.5M | $285.8M | ||
| Q3 25 | $142.2M | $217.5M | ||
| Q2 25 | $151.6M | $202.3M | ||
| Q1 25 | $123.4M | $163.6M | ||
| Q4 24 | $150.5M | $252.3M | ||
| Q3 24 | $169.0M | $211.5M | ||
| Q2 24 | $150.7M | $221.8M | ||
| Q1 24 | $152.4M | $177.5M |
毛利率BLDMTD
| Q4 25 | 27.2% | 59.8% | ||
| Q3 25 | 30.1% | 59.2% | ||
| Q2 25 | 30.4% | 59.0% | ||
| Q1 25 | 28.5% | 59.5% | ||
| Q4 24 | 29.9% | 61.2% | ||
| Q3 24 | 30.7% | 60.0% | ||
| Q2 24 | 31.0% | 59.7% | ||
| Q1 24 | 30.3% | 59.2% |
营业利润率BLDMTD
| Q4 25 | 12.1% | 29.1% | ||
| Q3 25 | 15.4% | 26.1% | ||
| Q2 25 | 16.9% | 25.3% | ||
| Q1 25 | 14.4% | 22.9% | ||
| Q4 24 | 16.6% | 30.1% | ||
| Q3 24 | 17.8% | 27.1% | ||
| Q2 24 | 15.4% | 25.7% | ||
| Q1 24 | 16.8% | 23.8% |
净利率BLDMTD
| Q4 25 | 7.0% | 25.3% | ||
| Q3 25 | 10.2% | 21.1% | ||
| Q2 25 | 11.7% | 20.6% | ||
| Q1 25 | 10.0% | 18.5% | ||
| Q4 24 | 11.5% | 24.1% | ||
| Q3 24 | 12.3% | 22.2% | ||
| Q2 24 | 11.0% | 23.4% | ||
| Q1 24 | 11.9% | 19.2% |
每股收益（稀释后）BLDMTD
| Q4 25 | $3.69 | $13.91 | ||
| Q3 25 | $5.04 | $10.57 | ||
| Q2 25 | $5.32 | $9.76 | ||
| Q1 25 | $4.23 | $7.81 | ||
| Q4 24 | $5.07 | $11.91 | ||
| Q3 24 | $5.65 | $9.96 | ||
| Q2 24 | $4.78 | $10.37 | ||
| Q1 24 | $4.79 | $8.24 |
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 | $2.1B |
| 股东权益账面价值 | $2.3B | $-23.6M |
| 总资产 | $6.6B | $3.7B |
| 负债/权益比越低杠杆越低 | 1.23× | — |
8季度趋势，按日历期对齐
现金及短期投资BLDMTD
| Q4 25 | $184.7M | — | ||
| Q3 25 | $1.1B | $69.1M | ||
| Q2 25 | $842.5M | $61.8M | ||
| Q1 25 | $308.8M | — | ||
| Q4 24 | $400.3M | $59.4M | ||
| Q3 24 | $257.3M | $71.6M | ||
| Q2 24 | $463.2M | $70.8M | ||
| Q1 24 | $968.8M | — |
总债务BLDMTD
| Q4 25 | $2.8B | $2.1B | ||
| Q3 25 | $2.9B | $2.1B | ||
| Q2 25 | $1.9B | $2.1B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.4B | $1.9B | ||
| Q2 24 | $1.4B | $1.7B | ||
| Q1 24 | $1.4B | — |
股东权益BLDMTD
| Q4 25 | $2.3B | $-23.6M | ||
| Q3 25 | $2.2B | $-249.2M | ||
| Q2 25 | $2.1B | $-258.8M | ||
| Q1 25 | $2.1B | $-182.0M | ||
| Q4 24 | $2.2B | $-126.9M | ||
| Q3 24 | $2.1B | $-154.4M | ||
| Q2 24 | $2.4B | $-152.8M | ||
| Q1 24 | $2.7B | $-158.7M |
总资产BLDMTD
| Q4 25 | $6.6B | $3.7B | ||
| Q3 25 | $6.4B | $3.5B | ||
| Q2 25 | $5.1B | $3.4B | ||
| Q1 25 | $4.6B | $3.2B | ||
| Q4 24 | $4.7B | $3.2B | ||
| Q3 24 | $4.7B | $3.3B | ||
| Q2 24 | $4.9B | $3.2B | ||
| Q1 24 | $5.3B | $3.3B |
负债/权益比BLDMTD
| Q4 25 | 1.23× | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.62× | — | ||
| 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 | $225.6M |
| 自由现金流经营现金流 - 资本支出 | $159.4M | $184.1M |
| 自由现金流率自由现金流/营收 | 10.7% | 16.3% |
| 资本支出强度资本支出/营收 | 1.2% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.69× | 0.79× |
| 过去12个月自由现金流最近4个季度 | $696.9M | $848.6M |
8季度趋势，按日历期对齐
经营现金流BLDMTD
| Q4 25 | $176.7M | $225.6M | ||
| Q3 25 | $233.3M | $299.4M | ||
| Q2 25 | $193.7M | $236.4M | ||
| Q1 25 | $152.6M | $194.4M | ||
| Q4 24 | $266.2M | $266.2M | ||
| Q3 24 | $240.7M | $254.7M | ||
| Q2 24 | $90.4M | $257.5M | ||
| Q1 24 | $178.8M | $190.0M |
自由现金流BLDMTD
| Q4 25 | $159.4M | $184.1M | ||
| Q3 25 | $216.2M | $274.9M | ||
| Q2 25 | $182.2M | $212.5M | ||
| Q1 25 | $139.2M | $177.2M | ||
| Q4 24 | $253.7M | $224.9M | ||
| Q3 24 | $219.8M | $233.2M | ||
| Q2 24 | $74.3M | $233.7M | ||
| Q1 24 | $158.9M | $172.6M |
自由现金流率BLDMTD
| Q4 25 | 10.7% | 16.3% | ||
| Q3 25 | 15.5% | 26.7% | ||
| Q2 25 | 14.0% | 21.6% | ||
| Q1 25 | 11.3% | 20.1% | ||
| Q4 24 | 19.3% | 21.5% | ||
| Q3 24 | 16.0% | 24.4% | ||
| Q2 24 | 5.4% | 24.7% | ||
| Q1 24 | 12.4% | 18.6% |
资本支出强度BLDMTD
| Q4 25 | 1.2% | 3.7% | ||
| Q3 25 | 1.2% | 2.4% | ||
| Q2 25 | 0.9% | 2.4% | ||
| Q1 25 | 1.1% | 2.0% | ||
| Q4 24 | 1.0% | 3.9% | ||
| Q3 24 | 1.5% | 2.2% | ||
| Q2 24 | 1.2% | 2.5% | ||
| Q1 24 | 1.6% | 1.9% |
现金转化率BLDMTD
| Q4 25 | 1.69× | 0.79× | ||
| Q3 25 | 1.64× | 1.38× | ||
| Q2 25 | 1.28× | 1.17× | ||
| Q1 25 | 1.24× | 1.19× | ||
| Q4 24 | 1.77× | 1.06× | ||
| Q3 24 | 1.42× | 1.20× | ||
| Q2 24 | 0.60× | 1.16× | ||
| Q1 24 | 1.17× | 1.07× |
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% |
MTD
| Products | $857.0M | 76% |
| Services | $272.8M | 24% |
