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Builders FirstSource（BLDR）与Eversource Energy（ES）财务数据对比。点击上方公司名可切换其他公司
Eversource Energy的季度营收约是Builders FirstSource的1.0倍（$3.4B vs $3.4B），Eversource Energy净利率更高（12.6% vs 0.9%，领先11.6%），Eversource Energy同比增速更快（13.4% vs -12.1%），Builders FirstSource自由现金流更多（$106.7M vs $-67.3M），过去两年Eversource Energy的营收复合增速更高（0.6% 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。
Eversource Energy是位列财富500强的上市能源企业，总部位于美国马萨诸塞州斯普林菲尔德，在康涅狄格州哈特福德、马萨诸塞州波士顿均设有办公据点，旗下多家受监管子公司为康涅狄格、马萨诸塞、新罕布什尔三州约400万用户提供零售电力、天然气及供水服务。
BLDR vs ES — 直观对比
营收规模更大
ES
是对方的1.0倍
$3.4B
营收增速更快
ES
高出25.5%
-12.1%
净利率更高
ES
高出11.6%
0.9%
自由现金流更多
BLDR
多$174.0M
$-67.3M
两年增速更快
ES
近两年复合增速
-7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $3.4B |
| 净利润 | $31.5M | $423.2M |
| 毛利率 | 29.8% | — |
| 营业利润率 | 1.8% | 21.1% |
| 净利率 | 0.9% | 12.6% |
| 营收同比 | -12.1% | 13.4% |
| 净利润同比 | -83.5% | 468.8% |
| 每股收益（稀释后） | $0.29 | $1.11 |
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BLDRES
| Q4 25 | $3.4B | $3.4B | ||
| Q3 25 | $3.9B | $3.2B | ||
| Q2 25 | $4.2B | $2.8B | ||
| Q1 25 | $3.7B | $4.1B | ||
| Q4 24 | $3.8B | $3.0B | ||
| Q3 24 | $4.2B | $3.1B | ||
| Q2 24 | $4.5B | $2.5B | ||
| Q1 24 | $3.9B | $3.3B |
净利润BLDRES
| Q4 25 | $31.5M | $423.2M | ||
| Q3 25 | $122.4M | $369.4M | ||
| Q2 25 | $185.0M | $354.6M | ||
| Q1 25 | $96.3M | $552.7M | ||
| Q4 24 | $190.2M | $74.4M | ||
| Q3 24 | $284.8M | $-116.2M | ||
| Q2 24 | $344.1M | $337.2M | ||
| Q1 24 | $258.8M | $523.7M |
毛利率BLDRES
| 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% | — | ||
| Q1 24 | 33.4% | — |
营业利润率BLDRES
| Q4 25 | 1.8% | 21.1% | ||
| Q3 25 | 5.8% | 21.4% | ||
| Q2 25 | 7.4% | 23.4% | ||
| Q1 25 | 5.0% | 22.5% | ||
| Q4 24 | 8.0% | 11.7% | ||
| Q3 24 | 10.1% | 20.0% | ||
| Q2 24 | 11.0% | 23.8% | ||
| Q1 24 | 9.6% | 25.4% |
净利率BLDRES
| Q4 25 | 0.9% | 12.6% | ||
| Q3 25 | 3.1% | 11.5% | ||
| Q2 25 | 4.4% | 12.5% | ||
| Q1 25 | 2.6% | 13.4% | ||
| Q4 24 | 5.0% | 2.5% | ||
| Q3 24 | 6.7% | -3.8% | ||
| Q2 24 | 7.7% | 13.3% | ||
| Q1 24 | 6.7% | 15.7% |
每股收益（稀释后）BLDRES
| Q4 25 | $0.29 | $1.11 | ||
| Q3 25 | $1.10 | $0.99 | ||
| Q2 25 | $1.66 | $0.96 | ||
| Q1 25 | $0.84 | $1.50 | ||
| Q4 24 | $1.65 | $0.16 | ||
| Q3 24 | $2.44 | $-0.33 | ||
| Q2 24 | $2.87 | $0.95 | ||
| Q1 24 | $2.10 | $1.49 |
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 | $135.4M |
| 总债务越低越好 | $4.4B | — |
| 股东权益账面价值 | $4.4B | $16.2B |
| 总资产 | $11.2B | $63.8B |
| 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BLDRES
| Q4 25 | $181.8M | $135.4M | ||
| Q3 25 | $296.2M | $259.3M | ||
| Q2 25 | $87.0M | $343.7M | ||
| Q1 25 | $115.4M | $111.4M | ||
| Q4 24 | $153.6M | $26.7M | ||
| Q3 24 | $328.1M | $97.9M | ||
| Q2 24 | $75.6M | — | ||
| Q1 24 | $697.5M | — |
总债务BLDRES
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.7B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.7B | — |
股东权益BLDRES
| Q4 25 | $4.4B | $16.2B | ||
| Q3 25 | $4.3B | $16.0B | ||
| Q2 25 | $4.2B | $15.7B | ||
| Q1 25 | $4.4B | $15.3B | ||
| Q4 24 | $4.3B | $15.0B | ||
| Q3 24 | $4.4B | $15.0B | ||
| Q2 24 | $4.3B | $14.8B | ||
| Q1 24 | $5.0B | $14.5B |
总资产BLDRES
| Q4 25 | $11.2B | $63.8B | ||
| Q3 25 | $11.4B | $61.7B | ||
| Q2 25 | $11.5B | $61.0B | ||
| Q1 25 | $11.4B | $60.2B | ||
| Q4 24 | $10.6B | $59.6B | ||
| Q3 24 | $10.9B | $58.6B | ||
| Q2 24 | $10.7B | $58.4B | ||
| Q1 24 | $11.2B | $57.3B |
负债/权益比BLDRES
| Q4 25 | 1.02× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.02× | — | ||
| Q4 24 | 0.86× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.75× | — |
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 | $916.1M |
| 自由现金流经营现金流 - 资本支出 | $106.7M | $-67.3M |
| 自由现金流率自由现金流/营收 | 3.2% | -2.0% |
| 资本支出强度资本支出/营收 | 2.6% | 29.2% |
| 现金转化率经营现金流/净利润 | 6.19× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $853.3M | $-45.1M |
8季度趋势，按日历期对齐
经营现金流BLDRES
| Q4 25 | $194.8M | $916.1M | ||
| Q3 25 | $547.7M | $1.1B | ||
| Q2 25 | $341.0M | $1.1B | ||
| Q1 25 | $132.3M | $1.0B | ||
| Q4 24 | $373.5M | $642.1M | ||
| Q3 24 | $730.0M | $555.6M | ||
| Q2 24 | $452.1M | $670.7M | ||
| Q1 24 | $317.2M | $291.3M |
自由现金流BLDRES
| Q4 25 | $106.7M | $-67.3M | ||
| Q3 25 | $461.9M | $-26.3M | ||
| Q2 25 | $252.3M | $15.3M | ||
| Q1 25 | $32.4M | $33.2M | ||
| Q4 24 | $273.8M | $-546.5M | ||
| Q3 24 | $630.4M | $-515.4M | ||
| Q2 24 | $364.0M | $-400.8M | ||
| Q1 24 | $224.0M | $-858.1M |
自由现金流率BLDRES
| Q4 25 | 3.2% | -2.0% | ||
| Q3 25 | 11.7% | -0.8% | ||
| Q2 25 | 6.0% | 0.5% | ||
| Q1 25 | 0.9% | 0.8% | ||
| Q4 24 | 7.2% | -18.4% | ||
| Q3 24 | 14.9% | -16.8% | ||
| Q2 24 | 8.2% | -15.8% | ||
| Q1 24 | 5.8% | -25.7% |
资本支出强度BLDRES
| Q4 25 | 2.6% | 29.2% | ||
| Q3 25 | 2.2% | 35.0% | ||
| Q2 25 | 2.1% | 36.7% | ||
| Q1 25 | 2.7% | 24.5% | ||
| Q4 24 | 2.6% | 40.0% | ||
| Q3 24 | 2.4% | 35.0% | ||
| Q2 24 | 2.0% | 42.3% | ||
| Q1 24 | 2.4% | 34.5% |
现金转化率BLDRES
| Q4 25 | 6.19× | 2.16× | ||
| Q3 25 | 4.48× | 2.98× | ||
| Q2 25 | 1.84× | 2.98× | ||
| Q1 25 | 1.37× | 1.88× | ||
| Q4 24 | 1.96× | 8.63× | ||
| Q3 24 | 2.56× | — | ||
| Q2 24 | 1.31× | 1.99× | ||
| Q1 24 | 1.23× | 0.56× |
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% |
ES
| Residential | $1.2B | 35% |
| Commercial | $789.0M | 23% |
| Eversource Electric Transmission | $573.8M | 17% |
| Wholesale Transmission Revenue | $570.0M | 17% |
| Industrial | $102.6M | 3% |
| Water Distribution Segment | $58.4M | 2% |
| Eversource Water | $56.3M | 2% |
| Other Revenue Adjustmentsfrom Contractswith Customers | $25.9M | 1% |
