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Builders FirstSource（BLDR）与达维塔（DVA）财务数据对比。点击上方公司名可切换其他公司
达维塔的季度营收约是Builders FirstSource的1.1倍（$3.6B vs $3.4B），达维塔净利率更高（6.5% vs 0.9%，领先5.5%），达维塔同比增速更快（12.3% vs -12.1%），过去两年达维塔的营收复合增速更高（6.6% vs -7.1%）
Builders FirstSource是财富500强企业，成立于1998年3月，总部位于美国得克萨斯州欧文，是美国规模最大的建筑产品、预制构件及增值服务供应商，同时生产制造建筑材料。公司在全美拥有超1.5万名员工，服务于新建住宅施工、维修及翻新领域的专业客户。
达维塔是美国肾脏透析服务提供商，在美国运营2675家门诊中心，服务20.08万名患者；同时在其他11个国家布局367家门诊中心，服务4.94万名患者。公司主要服务终末期肾病患者，这类患者除非接受捐肾移植，否则通常需要终生每周接受三次透析治疗。
BLDR vs DVA — 直观对比
营收规模更大
DVA
是对方的1.1倍
$3.4B
营收增速更快
DVA
高出24.4%
-12.1%
净利率更高
DVA
高出5.5%
0.9%
两年增速更快
DVA
近两年复合增速
-7.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $3.6B |
| 净利润 | $31.5M | $234.2M |
| 毛利率 | 29.8% | — |
| 营业利润率 | 1.8% | 15.5% |
| 净利率 | 0.9% | 6.5% |
| 营收同比 | -12.1% | 12.3% |
| 净利润同比 | -83.5% | 43.8% |
| 每股收益（稀释后） | $0.29 | $3.22 |
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BLDRDVA
| Q1 26 | — | $3.6B | ||
| Q4 25 | $3.4B | $3.6B | ||
| Q3 25 | $3.9B | $3.4B | ||
| Q2 25 | $4.2B | $3.4B | ||
| Q1 25 | $3.7B | $3.2B | ||
| Q4 24 | $3.8B | $3.3B | ||
| Q3 24 | $4.2B | $3.3B | ||
| Q2 24 | $4.5B | $3.2B |
净利润BLDRDVA
| Q1 26 | — | $234.2M | ||
| Q4 25 | $31.5M | $234.2M | ||
| Q3 25 | $122.4M | $150.3M | ||
| Q2 25 | $185.0M | $199.3M | ||
| Q1 25 | $96.3M | $162.9M | ||
| Q4 24 | $190.2M | $259.3M | ||
| Q3 24 | $284.8M | $214.7M | ||
| Q2 24 | $344.1M | $222.7M |
毛利率BLDRDVA
| Q1 26 | — | — | ||
| Q4 25 | 29.8% | — | ||
| Q3 25 | 30.4% | — | ||
| Q2 25 | 30.7% | — | ||
| Q1 25 | 30.5% | — | ||
| Q4 24 | 32.3% | — | ||
| Q3 24 | 32.8% | — | ||
| Q2 24 | 32.8% | — |
营业利润率BLDRDVA
| Q1 26 | — | 15.5% | ||
| Q4 25 | 1.8% | 15.5% | ||
| Q3 25 | 5.8% | 14.8% | ||
| Q2 25 | 7.4% | 15.9% | ||
| Q1 25 | 5.0% | 13.6% | ||
| Q4 24 | 8.0% | 17.2% | ||
| Q3 24 | 10.1% | 16.4% | ||
| Q2 24 | 11.0% | 15.9% |
净利率BLDRDVA
| Q1 26 | — | 6.5% | ||
| Q4 25 | 0.9% | 6.5% | ||
| Q3 25 | 3.1% | 4.4% | ||
| Q2 25 | 4.4% | 5.9% | ||
| Q1 25 | 2.6% | 5.1% | ||
| Q4 24 | 5.0% | 7.9% | ||
| Q3 24 | 6.7% | 6.6% | ||
| Q2 24 | 7.7% | 7.0% |
每股收益（稀释后）BLDRDVA
| Q1 26 | — | $3.22 | ||
| Q4 25 | $0.29 | $3.22 | ||
| Q3 25 | $1.10 | $2.04 | ||
| Q2 25 | $1.66 | $2.58 | ||
| Q1 25 | $0.84 | $2.00 | ||
| Q4 24 | $1.65 | $3.08 | ||
| Q3 24 | $2.44 | $2.50 | ||
| Q2 24 | $2.87 | $2.50 |
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 | $181.8M | $700.7M |
| 总债务越低越好 | $4.4B | $10.2B |
| 股东权益账面价值 | $4.4B | $-651.1M |
| 总资产 | $11.2B | $17.5B |
| 负债/权益比越低杠杆越低 | 1.02× | — |
8季度趋势，按日历期对齐
现金及短期投资BLDRDVA
| Q1 26 | — | $700.7M | ||
| Q4 25 | $181.8M | $700.7M | ||
| Q3 25 | $296.2M | $736.5M | ||
| Q2 25 | $87.0M | $739.4M | ||
| Q1 25 | $115.4M | $511.9M | ||
| Q4 24 | $153.6M | $846.0M | ||
| Q3 24 | $328.1M | $1.1B | ||
| Q2 24 | $75.6M | $437.2M |
总债务BLDRDVA
| Q1 26 | — | $10.2B | ||
| Q4 25 | $4.4B | $10.2B | ||
| Q3 25 | $4.4B | $10.2B | ||
| Q2 25 | $4.7B | $10.1B | ||
| Q1 25 | $4.5B | $9.6B | ||
| Q4 24 | $3.7B | $9.2B | ||
| Q3 24 | $3.7B | $9.3B | ||
| Q2 24 | $3.8B | $8.5B |
股东权益BLDRDVA
| Q1 26 | — | $-651.1M | ||
| Q4 25 | $4.4B | $-651.1M | ||
| Q3 25 | $4.3B | $-571.9M | ||
| Q2 25 | $4.2B | $-369.6M | ||
| Q1 25 | $4.4B | $-267.1M | ||
| Q4 24 | $4.3B | $121.1M | ||
| Q3 24 | $4.4B | $386.7M | ||
| Q2 24 | $4.3B | $632.9M |
总资产BLDRDVA
| Q1 26 | — | $17.5B | ||
| Q4 25 | $11.2B | $17.5B | ||
| Q3 25 | $11.4B | $17.6B | ||
| Q2 25 | $11.5B | $17.5B | ||
| Q1 25 | $11.4B | $17.1B | ||
| Q4 24 | $10.6B | $17.3B | ||
| Q3 24 | $10.9B | $17.5B | ||
| Q2 24 | $10.7B | $17.0B |
负债/权益比BLDRDVA
| Q1 26 | — | — | ||
| Q4 25 | 1.02× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.02× | — | ||
| Q4 24 | 0.86× | 75.76× | ||
| Q3 24 | 0.83× | 23.95× | ||
| Q2 24 | 0.88× | 13.35× |
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 | $194.8M | — |
| 自由现金流经营现金流 - 资本支出 | $106.7M | — |
| 自由现金流率自由现金流/营收 | 3.2% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | 6.19× | — |
| 过去12个月自由现金流最近4个季度 | $853.3M | — |
8季度趋势，按日历期对齐
经营现金流BLDRDVA
| Q1 26 | — | — | ||
| Q4 25 | $194.8M | $540.7M | ||
| Q3 25 | $547.7M | $841.5M | ||
| Q2 25 | $341.0M | $324.2M | ||
| Q1 25 | $132.3M | $180.0M | ||
| Q4 24 | $373.5M | $547.6M | ||
| Q3 24 | $730.0M | $810.4M | ||
| Q2 24 | $452.1M | $798.8M |
自由现金流BLDRDVA
| Q1 26 | — | — | ||
| Q4 25 | $106.7M | $395.3M | ||
| Q3 25 | $461.9M | $675.4M | ||
| Q2 25 | $252.3M | $203.1M | ||
| Q1 25 | $32.4M | $36.8M | ||
| Q4 24 | $273.8M | $377.0M | ||
| Q3 24 | $630.4M | $671.4M | ||
| Q2 24 | $364.0M | $674.1M |
自由现金流率BLDRDVA
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 10.9% | ||
| Q3 25 | 11.7% | 19.7% | ||
| Q2 25 | 6.0% | 6.0% | ||
| Q1 25 | 0.9% | 1.1% | ||
| Q4 24 | 7.2% | 11.4% | ||
| Q3 24 | 14.9% | 20.6% | ||
| Q2 24 | 8.2% | 21.2% |
资本支出强度BLDRDVA
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 4.0% | ||
| Q3 25 | 2.2% | 4.9% | ||
| Q2 25 | 2.1% | 3.6% | ||
| Q1 25 | 2.7% | 4.4% | ||
| Q4 24 | 2.6% | 5.2% | ||
| Q3 24 | 2.4% | 4.3% | ||
| Q2 24 | 2.0% | 3.9% |
现金转化率BLDRDVA
| Q1 26 | — | — | ||
| Q4 25 | 6.19× | 2.31× | ||
| Q3 25 | 4.48× | 5.60× | ||
| Q2 25 | 1.84× | 1.63× | ||
| Q1 25 | 1.37× | 1.10× | ||
| Q4 24 | 1.96× | 2.11× | ||
| Q3 24 | 2.56× | 3.77× | ||
| Q2 24 | 1.31× | 3.59× |
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
BLDR
| Specialty Building Products And Services | $949.0M | 28% |
| Windows Doors And Millwork | $893.5M | 27% |
| Lumber And Lumber Sheet Goods | $772.6M | 23% |
| Manufactured Products | $742.8M | 22% |
DVA
暂无分部数据
