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TopBuild Corp（BLD）与SILGAN HOLDINGS INC（SLGN）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SILGAN HOLDINGS INC的1.0倍（$1.5B vs $1.5B），TopBuild Corp净利率更高（7.0% vs 1.2%，领先5.8%），TopBuild Corp同比增速更快（13.2% vs 4.1%），SILGAN HOLDINGS INC自由现金流更多（$1.2B vs $159.4M），过去两年TopBuild Corp的营收复合增速更高（7.8% vs 5.6%）
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。
西尔根控股是一家总部位于美国康涅狄格州的消费品包装制造企业，1987年由原大陆制罐公司的两名高管菲尔·西尔弗与格雷格·霍里根共同创立，公司名称正是取自两位创始人的名字组合，目前在全球包装供应链中占据重要市场地位，为众多快消品牌提供各类包装解决方案。
BLD vs SLGN — 直观对比
营收规模更大
BLD
是对方的1.0倍
$1.5B
营收增速更快
BLD
高出9.1%
4.1%
净利率更高
BLD
高出5.8%
1.2%
自由现金流更多
SLGN
多$1.1B
$159.4M
两年增速更快
BLD
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.5B |
| 净利润 | $104.5M | $18.2M |
| 毛利率 | 27.2% | 17.2% |
| 营业利润率 | 12.1% | 3.6% |
| 净利率 | 7.0% | 1.2% |
| 营收同比 | 13.2% | 4.1% |
| 净利润同比 | -30.6% | -59.6% |
| 每股收益（稀释后） | $3.69 | $0.18 |
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BLDSLGN
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.7B | ||
| Q2 24 | $1.4B | $1.4B | ||
| Q1 24 | $1.3B | $1.3B |
净利润BLDSLGN
| Q4 25 | $104.5M | $18.2M | ||
| Q3 25 | $142.2M | $113.3M | ||
| Q2 25 | $151.6M | $88.9M | ||
| Q1 25 | $123.4M | $68.0M | ||
| Q4 24 | $150.5M | $45.1M | ||
| Q3 24 | $169.0M | $100.1M | ||
| Q2 24 | $150.7M | $76.1M | ||
| Q1 24 | $152.4M | $55.2M |
毛利率BLDSLGN
| Q4 25 | 27.2% | 17.2% | ||
| Q3 25 | 30.1% | 16.3% | ||
| Q2 25 | 30.4% | 19.4% | ||
| Q1 25 | 28.5% | 18.4% | ||
| Q4 24 | 29.9% | 16.9% | ||
| Q3 24 | 30.7% | 16.8% | ||
| Q2 24 | 31.0% | 18.5% | ||
| Q1 24 | 30.3% | 17.0% |
营业利润率BLDSLGN
| Q4 25 | 12.1% | 3.6% | ||
| Q3 25 | 15.4% | 7.4% | ||
| Q2 25 | 16.9% | 7.7% | ||
| Q1 25 | 14.4% | 6.0% | ||
| Q4 24 | 16.6% | 3.4% | ||
| Q3 24 | 17.8% | 7.2% | ||
| Q2 24 | 15.4% | 7.3% | ||
| Q1 24 | 16.8% | 5.5% |
净利率BLDSLGN
| Q4 25 | 7.0% | 1.2% | ||
| Q3 25 | 10.2% | 5.6% | ||
| Q2 25 | 11.7% | 5.8% | ||
| Q1 25 | 10.0% | 4.6% | ||
| Q4 24 | 11.5% | 3.2% | ||
| Q3 24 | 12.3% | 5.7% | ||
| Q2 24 | 11.0% | 5.5% | ||
| Q1 24 | 11.9% | 4.2% |
每股收益（稀释后）BLDSLGN
| Q4 25 | $3.69 | $0.18 | ||
| Q3 25 | $5.04 | $1.06 | ||
| Q2 25 | $5.32 | $0.83 | ||
| Q1 25 | $4.23 | $0.63 | ||
| Q4 24 | $5.07 | $0.42 | ||
| Q3 24 | $5.65 | $0.93 | ||
| Q2 24 | $4.78 | $0.71 | ||
| Q1 24 | $4.79 | $0.52 |
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 | $1.1B |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $2.3B | $2.3B |
| 总资产 | $6.6B | $9.4B |
| 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BLDSLGN
| Q4 25 | $184.7M | $1.1B | ||
| Q3 25 | $1.1B | $389.2M | ||
| Q2 25 | $842.5M | $317.5M | ||
| Q1 25 | $308.8M | $353.0M | ||
| Q4 24 | $400.3M | $822.9M | ||
| Q3 24 | $257.3M | $368.5M | ||
| Q2 24 | $463.2M | $302.8M | ||
| Q1 24 | $968.8M | $308.6M |
总债务BLDSLGN
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益BLDSLGN
| Q4 25 | $2.3B | $2.3B | ||
| Q3 25 | $2.2B | $2.3B | ||
| Q2 25 | $2.1B | $2.2B | ||
| Q1 25 | $2.1B | $2.1B | ||
| Q4 24 | $2.2B | $2.0B | ||
| Q3 24 | $2.1B | $2.1B | ||
| Q2 24 | $2.4B | $1.9B | ||
| Q1 24 | $2.7B | $1.9B |
总资产BLDSLGN
| Q4 25 | $6.6B | $9.4B | ||
| Q3 25 | $6.4B | $9.5B | ||
| Q2 25 | $5.1B | $9.4B | ||
| Q1 25 | $4.6B | $8.8B | ||
| Q4 24 | $4.7B | $8.6B | ||
| Q3 24 | $4.7B | $7.7B | ||
| Q2 24 | $4.9B | $7.7B | ||
| Q1 24 | $5.3B | $7.6B |
负债/权益比BLDSLGN
| 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 | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $159.4M | $1.2B |
| 自由现金流率自由现金流/营收 | 10.7% | 83.2% |
| 资本支出强度资本支出/营收 | 1.2% | 4.9% |
| 现金转化率经营现金流/净利润 | 1.69× | 71.07× |
| 过去12个月自由现金流最近4个季度 | $696.9M | $422.7M |
8季度趋势，按日历期对齐
经营现金流BLDSLGN
| Q4 25 | $176.7M | $1.3B | ||
| Q3 25 | $233.3M | $340.9M | ||
| Q2 25 | $193.7M | $-221.4M | ||
| Q1 25 | $152.6M | $-683.4M | ||
| Q4 24 | $266.2M | $935.8M | ||
| Q3 24 | $240.7M | $313.0M | ||
| Q2 24 | $90.4M | $20.9M | ||
| Q1 24 | $178.8M | $-547.8M |
自由现金流BLDSLGN
| Q4 25 | $159.4M | $1.2B | ||
| Q3 25 | $216.2M | $260.8M | ||
| Q2 25 | $182.2M | $-294.2M | ||
| Q1 25 | $139.2M | $-766.3M | ||
| Q4 24 | $253.7M | $865.0M | ||
| Q3 24 | $219.8M | $252.4M | ||
| Q2 24 | $74.3M | $-35.3M | ||
| Q1 24 | $158.9M | $-623.1M |
自由现金流率BLDSLGN
| Q4 25 | 10.7% | 83.2% | ||
| Q3 25 | 15.5% | 13.0% | ||
| Q2 25 | 14.0% | -19.1% | ||
| Q1 25 | 11.3% | -52.2% | ||
| Q4 24 | 19.3% | 61.3% | ||
| Q3 24 | 16.0% | 14.5% | ||
| Q2 24 | 5.4% | -2.6% | ||
| Q1 24 | 12.4% | -47.3% |
资本支出强度BLDSLGN
| Q4 25 | 1.2% | 4.9% | ||
| Q3 25 | 1.2% | 4.0% | ||
| Q2 25 | 0.9% | 4.7% | ||
| Q1 25 | 1.1% | 5.7% | ||
| Q4 24 | 1.0% | 5.0% | ||
| Q3 24 | 1.5% | 3.5% | ||
| Q2 24 | 1.2% | 4.1% | ||
| Q1 24 | 1.6% | 5.7% |
现金转化率BLDSLGN
| Q4 25 | 1.69× | 71.07× | ||
| Q3 25 | 1.64× | 3.01× | ||
| Q2 25 | 1.28× | -2.49× | ||
| Q1 25 | 1.24× | -10.06× | ||
| Q4 24 | 1.77× | 20.77× | ||
| Q3 24 | 1.42× | 3.13× | ||
| Q2 24 | 0.60× | 0.27× | ||
| Q1 24 | 1.17× | -9.93× |
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% |
SLGN
| Metal Containers | $675.6M | 46% |
| Dispensing And Specialty Closures | $643.6M | 44% |
| Custom Containers | $149.4M | 10% |
