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BrightView Holdings, Inc.（BV）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是BrightView Holdings, Inc.的1.9倍（$1.1B vs $614.7M），Martin Marietta Materials净利率更高（24.5% vs -2.5%，领先26.9%），BrightView Holdings, Inc.同比增速更快（2.6% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $-18.6M），过去两年BrightView Holdings, Inc.的营收复合增速更高（-4.4% vs -4.5%）
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
BV vs MLM — 直观对比
营收规模更大
MLM
是对方的1.9倍
$614.7M
营收增速更快
BV
高出32.7%
-30.1%
净利率更高
MLM
高出26.9%
-2.5%
自由现金流更多
MLM
多$442.6M
$-18.6M
两年增速更快
BV
近两年复合增速
-4.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.7M | $1.1B |
| 净利润 | $-15.2M | $279.0M |
| 毛利率 | 18.6% | 35.0% |
| 营业利润率 | -1.2% | 24.6% |
| 净利率 | -2.5% | 24.5% |
| 营收同比 | 2.6% | -30.1% |
| 净利润同比 | -46.2% | -4.8% |
| 每股收益（稀释后） | $-0.26 | $4.59 |
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BVMLM
| Q4 25 | $614.7M | $1.1B | ||
| Q3 25 | $702.7M | $1.8B | ||
| Q2 25 | $708.3M | $1.8B | ||
| Q1 25 | $662.6M | $1.4B | ||
| Q4 24 | $599.2M | $1.6B | ||
| Q3 24 | $728.7M | $1.9B | ||
| Q2 24 | $738.8M | $1.8B | ||
| Q1 24 | $672.9M | $1.3B |
净利润BVMLM
| Q4 25 | $-15.2M | $279.0M | ||
| Q3 25 | $27.7M | $414.0M | ||
| Q2 25 | $32.3M | $328.0M | ||
| Q1 25 | $6.4M | $116.0M | ||
| Q4 24 | $-10.4M | $293.0M | ||
| Q3 24 | $25.6M | $363.0M | ||
| Q2 24 | $23.5M | $294.0M | ||
| Q1 24 | $33.7M | $1.0B |
毛利率BVMLM
| Q4 25 | 18.6% | 35.0% | ||
| Q3 25 | 25.1% | 33.1% | ||
| Q2 25 | 24.1% | 30.0% | ||
| Q1 25 | 22.3% | 24.8% | ||
| Q4 24 | 21.2% | 30.0% | ||
| Q3 24 | 25.0% | 31.7% | ||
| Q2 24 | 24.0% | 29.3% | ||
| Q1 24 | 22.6% | 21.7% |
营业利润率BVMLM
| Q4 25 | -1.2% | 24.6% | ||
| Q3 25 | 7.9% | 27.4% | ||
| Q2 25 | 8.1% | 25.3% | ||
| Q1 25 | 3.4% | 14.3% | ||
| Q4 24 | -0.1% | 24.4% | ||
| Q3 24 | 7.1% | 25.9% | ||
| Q2 24 | 6.6% | 22.6% | ||
| Q1 24 | 9.2% | — |
净利率BVMLM
| Q4 25 | -2.5% | 24.5% | ||
| Q3 25 | 3.9% | 22.4% | ||
| Q2 25 | 4.6% | 18.1% | ||
| Q1 25 | 1.0% | 8.6% | ||
| Q4 24 | -1.7% | 18.0% | ||
| Q3 24 | 3.5% | 19.2% | ||
| Q2 24 | 3.2% | 16.7% | ||
| Q1 24 | 5.0% | 83.5% |
每股收益（稀释后）BVMLM
| Q4 25 | $-0.26 | $4.59 | ||
| Q3 25 | $0.21 | $6.85 | ||
| Q2 25 | $0.15 | $5.43 | ||
| Q1 25 | $-0.03 | $1.90 | ||
| Q4 24 | $-0.20 | $4.87 | ||
| Q3 24 | $0.20 | $5.91 | ||
| Q2 24 | $0.10 | $4.76 | ||
| Q1 24 | $0.17 | $16.87 |
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 | $37.0M | $67.0M |
| 总债务越低越好 | $801.1M | $5.3B |
| 股东权益账面价值 | $1.3B | $10.0B |
| 总资产 | $3.3B | $18.7B |
| 负债/权益比越低杠杆越低 | 0.64× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资BVMLM
| Q4 25 | $37.0M | $67.0M | ||
| Q3 25 | $74.5M | $57.0M | ||
| Q2 25 | $79.1M | $225.0M | ||
| Q1 25 | $141.3M | $101.0M | ||
| Q4 24 | $98.3M | $670.0M | ||
| Q3 24 | $140.4M | $52.0M | ||
| Q2 24 | $115.9M | $109.0M | ||
| Q1 24 | $177.3M | $2.6B |
总债务BVMLM
| Q4 25 | $801.1M | $5.3B | ||
| Q3 25 | $790.2M | $5.5B | ||
| Q2 25 | $790.7M | $5.4B | ||
| Q1 25 | $798.9M | $5.4B | ||
| Q4 24 | $796.5M | $5.4B | ||
| Q3 24 | $802.5M | $4.0B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.3B |
股东权益BVMLM
| Q4 25 | $1.3B | $10.0B | ||
| Q3 25 | $1.3B | $9.7B | ||
| Q2 25 | $1.3B | $9.4B | ||
| Q1 25 | $1.3B | $9.1B | ||
| Q4 24 | $1.3B | $9.5B | ||
| Q3 24 | $1.3B | $9.2B | ||
| Q2 24 | $1.3B | $8.8B | ||
| Q1 24 | $1.2B | $8.9B |
总资产BVMLM
| Q4 25 | $3.3B | $18.7B | ||
| Q3 25 | $3.4B | $18.7B | ||
| Q2 25 | $3.4B | $18.1B | ||
| Q1 25 | $3.3B | $17.7B | ||
| Q4 24 | $3.3B | $18.2B | ||
| Q3 24 | $3.4B | $16.5B | ||
| Q2 24 | $3.4B | $16.3B | ||
| Q1 24 | $3.4B | $16.2B |
负债/权益比BVMLM
| Q4 25 | 0.64× | 0.53× | ||
| Q3 25 | 0.61× | 0.57× | ||
| Q2 25 | 0.62× | 0.58× | ||
| Q1 25 | 0.63× | 0.60× | ||
| Q4 24 | 0.63× | 0.57× | ||
| Q3 24 | 0.63× | 0.44× | ||
| Q2 24 | — | 0.49× | ||
| Q1 24 | — | 0.49× |
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 | $36.1M | $629.0M |
| 自由现金流经营现金流 - 资本支出 | $-18.6M | $424.0M |
| 自由现金流率自由现金流/营收 | -3.0% | 37.2% |
| 资本支出强度资本支出/营收 | 8.9% | 18.0% |
| 现金转化率经营现金流/净利润 | — | 2.25× |
| 过去12个月自由现金流最近4个季度 | $17.2M | $978.0M |
8季度趋势，按日历期对齐
经营现金流BVMLM
| Q4 25 | $36.1M | $629.0M | ||
| Q3 25 | $84.4M | $551.0M | ||
| Q2 25 | $55.7M | $387.0M | ||
| Q1 25 | $91.2M | $218.0M | ||
| Q4 24 | $60.5M | $686.0M | ||
| Q3 24 | $53.5M | $600.0M | ||
| Q2 24 | $42.6M | $1.0M | ||
| Q1 24 | $83.3M | $172.0M |
自由现金流BVMLM
| Q4 25 | $-18.6M | $424.0M | ||
| Q3 25 | $26.0M | $361.0M | ||
| Q2 25 | $-47.8M | $208.0M | ||
| Q1 25 | $57.6M | $-15.0M | ||
| Q4 24 | $1.8M | $453.0M | ||
| Q3 24 | $21.1M | $317.0M | ||
| Q2 24 | $19.3M | $-138.0M | ||
| Q1 24 | $70.7M | $-28.0M |
自由现金流率BVMLM
| Q4 25 | -3.0% | 37.2% | ||
| Q3 25 | 3.7% | 19.6% | ||
| Q2 25 | -6.7% | 11.5% | ||
| Q1 25 | 8.7% | -1.1% | ||
| Q4 24 | 0.3% | 27.8% | ||
| Q3 24 | 2.9% | 16.8% | ||
| Q2 24 | 2.6% | -7.8% | ||
| Q1 24 | 10.5% | -2.2% |
资本支出强度BVMLM
| Q4 25 | 8.9% | 18.0% | ||
| Q3 25 | 8.3% | 10.3% | ||
| Q2 25 | 14.6% | 9.9% | ||
| Q1 25 | 5.1% | 17.2% | ||
| Q4 24 | 9.8% | 14.3% | ||
| Q3 24 | 4.4% | 15.0% | ||
| Q2 24 | 3.2% | 7.9% | ||
| Q1 24 | 1.9% | 16.0% |
现金转化率BVMLM
| Q4 25 | — | 2.25× | ||
| Q3 25 | 3.05× | 1.33× | ||
| Q2 25 | 1.72× | 1.18× | ||
| Q1 25 | 14.25× | 1.88× | ||
| Q4 24 | — | 2.34× | ||
| Q3 24 | 2.09× | 1.65× | ||
| Q2 24 | 1.81× | 0.00× | ||
| Q1 24 | 2.47× | 0.16× |
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
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
