vs
CrossAmerica Partners LP（CAPL）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
IES Holdings, Inc.的季度营收约是CrossAmerica Partners LP的1.0倍（$871.0M vs $866.3M），IES Holdings, Inc.净利率更高（10.5% vs 1.2%，领先9.4%），IES Holdings, Inc.同比增速更快（16.2% vs -8.3%），CrossAmerica Partners LP自由现金流更多（$22.4M vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs -4.1%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
CAPL vs IESC — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $871.0M |
| 净利润 | $10.2M | $91.8M |
| 毛利率 | 12.4% | 25.3% |
| 营业利润率 | 3.0% | 11.2% |
| 净利率 | 1.2% | 10.5% |
| 营收同比 | -8.3% | 16.2% |
| 净利润同比 | -39.6% | 59.1% |
| 每股收益（稀释后） | $0.24 | $4.51 |
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
| Q4 25 | $866.3M | $871.0M | ||
| Q3 25 | $971.8M | $897.8M | ||
| Q2 25 | $961.9M | $890.2M | ||
| Q1 25 | $862.5M | $834.0M | ||
| Q4 24 | $944.2M | $749.5M | ||
| Q3 24 | $1.1B | $775.8M | ||
| Q2 24 | $1.1B | $768.4M | ||
| Q1 24 | $941.5M | $705.7M |
| Q4 25 | $10.2M | $91.8M | ||
| Q3 25 | $13.6M | $102.3M | ||
| Q2 25 | $25.2M | $79.3M | ||
| Q1 25 | $-7.1M | $72.6M | ||
| Q4 24 | $16.9M | $57.7M | ||
| Q3 24 | $10.7M | $65.5M | ||
| Q2 24 | $12.4M | $66.6M | ||
| Q1 24 | $-17.5M | $56.8M |
| Q4 25 | 12.4% | 25.3% | ||
| Q3 25 | 10.8% | 26.0% | ||
| Q2 25 | 10.5% | 26.9% | ||
| Q1 25 | 10.4% | 25.0% | ||
| Q4 24 | 10.7% | 23.8% | ||
| Q3 24 | 10.3% | 24.0% | ||
| Q2 24 | 9.2% | 25.3% | ||
| Q1 24 | 8.6% | 24.3% |
| Q4 25 | 3.0% | 11.2% | ||
| Q3 25 | 2.9% | 11.6% | ||
| Q2 25 | 4.3% | 12.6% | ||
| Q1 25 | 0.2% | 11.1% | ||
| Q4 24 | 3.0% | 10.0% | ||
| Q3 24 | 2.5% | 9.7% | ||
| Q2 24 | 2.5% | 11.7% | ||
| Q1 24 | -1.4% | 11.0% |
| Q4 25 | 1.2% | 10.5% | ||
| Q3 25 | 1.4% | 11.4% | ||
| Q2 25 | 2.6% | 8.9% | ||
| Q1 25 | -0.8% | 8.7% | ||
| Q4 24 | 1.8% | 7.7% | ||
| Q3 24 | 1.0% | 8.4% | ||
| Q2 24 | 1.1% | 8.7% | ||
| Q1 24 | -1.9% | 8.0% |
| Q4 25 | $0.24 | $4.51 | ||
| Q3 25 | $0.34 | $4.99 | ||
| Q2 25 | $0.64 | $3.81 | ||
| Q1 25 | $-0.20 | $3.50 | ||
| Q4 24 | $0.42 | $2.72 | ||
| Q3 24 | $0.27 | $3.06 | ||
| Q2 24 | $0.31 | $2.67 | ||
| Q1 24 | $-0.48 | $2.29 |
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 | $3.1M | $258.7M |
| 总债务越低越好 | $687.2M | — |
| 股东权益账面价值 | — | $961.1M |
| 总资产 | $964.7M | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $3.1M | $258.7M | ||
| Q3 25 | $5.8M | $231.8M | ||
| Q2 25 | $9.7M | $168.3M | ||
| Q1 25 | $6.7M | $88.3M | ||
| Q4 24 | $3.4M | $112.0M | ||
| Q3 24 | $7.8M | $135.8M | ||
| Q2 24 | $5.5M | $44.9M | ||
| Q1 24 | $6.3M | $106.0M |
| Q4 25 | $687.2M | — | ||
| Q3 25 | $700.8M | — | ||
| Q2 25 | $722.7M | — | ||
| Q1 25 | $774.1M | — | ||
| Q4 24 | $763.9M | — | ||
| Q3 24 | $769.2M | — | ||
| Q2 24 | $786.7M | — | ||
| Q1 24 | $795.8M | — |
| Q4 25 | — | $961.1M | ||
| Q3 25 | — | $884.0M | ||
| Q2 25 | — | $781.4M | ||
| Q1 25 | — | $705.8M | ||
| Q4 24 | — | $652.4M | ||
| Q3 24 | — | $611.1M | ||
| Q2 24 | — | $567.5M | ||
| Q1 24 | — | $534.8M |
| Q4 25 | $964.7M | $1.7B | ||
| Q3 25 | $998.9M | $1.6B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.1B |
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 | $29.4M | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $-18.9M |
| 自由现金流率自由现金流/营收 | 2.6% | -2.2% |
| 资本支出强度资本支出/营收 | 0.8% | 5.3% |
| 现金转化率经营现金流/净利润 | 2.89× | 0.30× |
| 过去12个月自由现金流最近4个季度 | $55.8M | $175.9M |
8季度趋势，按日历期对齐
| Q4 25 | $29.4M | $27.7M | ||
| Q3 25 | $24.4M | $132.0M | ||
| Q2 25 | $22.6M | $92.0M | ||
| Q1 25 | $15.0M | $24.8M | ||
| Q4 24 | $11.1M | $37.3M | ||
| Q3 24 | $41.9M | $92.8M | ||
| Q2 24 | $28.9M | $82.9M | ||
| Q1 24 | $5.8M | $33.7M |
| Q4 25 | $22.4M | $-18.9M | ||
| Q3 25 | $17.7M | $112.0M | ||
| Q2 25 | $10.8M | $74.8M | ||
| Q1 25 | $4.9M | $7.9M | ||
| Q4 24 | $3.9M | $24.1M | ||
| Q3 24 | $34.2M | $78.5M | ||
| Q2 24 | $23.6M | $65.4M | ||
| Q1 24 | $-289.0K | $26.9M |
| Q4 25 | 2.6% | -2.2% | ||
| Q3 25 | 1.8% | 12.5% | ||
| Q2 25 | 1.1% | 8.4% | ||
| Q1 25 | 0.6% | 0.9% | ||
| Q4 24 | 0.4% | 3.2% | ||
| Q3 24 | 3.2% | 10.1% | ||
| Q2 24 | 2.1% | 8.5% | ||
| Q1 24 | -0.0% | 3.8% |
| Q4 25 | 0.8% | 5.3% | ||
| Q3 25 | 0.7% | 2.2% | ||
| Q2 25 | 1.2% | 1.9% | ||
| Q1 25 | 1.2% | 2.0% | ||
| Q4 24 | 0.8% | 1.8% | ||
| Q3 24 | 0.7% | 1.8% | ||
| Q2 24 | 0.5% | 2.3% | ||
| Q1 24 | 0.6% | 1.0% |
| Q4 25 | 2.89× | 0.30× | ||
| Q3 25 | 1.79× | 1.29× | ||
| Q2 25 | 0.90× | 1.16× | ||
| Q1 25 | — | 0.34× | ||
| Q4 24 | 0.66× | 0.65× | ||
| Q3 24 | 3.92× | 1.42× | ||
| Q2 24 | 2.33× | 1.24× | ||
| Q1 24 | — | 0.59× |
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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
