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塞拉尼斯（CE）与TUTOR PERINI CORP（TPC）财务数据对比。点击上方公司名可切换其他公司
塞拉尼斯的季度营收约是TUTOR PERINI CORP的1.6倍（$2.3B vs $1.5B），塞拉尼斯净利率更高（2.1% vs 1.9%，领先0.1%），TUTOR PERINI CORP同比增速更快（41.2% vs -2.2%），TUTOR PERINI CORP自由现金流更多（$98.7M vs $3.0M），过去两年TUTOR PERINI CORP的营收复合增速更高（19.9% vs -6.1%）
塞拉尼斯是总部位于美国得克萨斯州欧文市的技术及特种材料企业，位列财富500强。公司是全球醋酸行业领军生产商，年产量约195万吨，占全球总产量的20%左右，同时也是全球最大的醋酸乙烯酯单体（VAM）供应商。
Tutor Perini集团是美国顶尖的大型总承包商之一，2008年由Perini公司与Tutor-Saliba公司合并成立，总部位于加利福尼亚州西尔马。公司业务覆盖北美全境，2024年营收约43.3亿美元，核心业务涵盖桥梁、公路、隧道、机场、公共交通系统等民用基建项目，同时也涉足建筑工程领域。
CE vs TPC — 直观对比
营收规模更大
CE
是对方的1.6倍
$1.5B
营收增速更快
TPC
高出43.4%
-2.2%
净利率更高
CE
高出0.1%
1.9%
自由现金流更多
TPC
多$95.7M
$3.0M
两年增速更快
TPC
近两年复合增速
-6.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.5B |
| 净利润 | $48.0M | $28.8M |
| 毛利率 | 20.0% | 9.8% |
| 营业利润率 | — | 3.3% |
| 净利率 | 2.1% | 1.9% |
| 营收同比 | -2.2% | 41.2% |
| 净利润同比 | 340.0% | 136.3% |
| 每股收益（稀释后） | $0.41 | $0.53 |
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CETPC
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.4B | $1.4B | ||
| Q2 25 | $2.5B | $1.4B | ||
| Q1 25 | $2.4B | $1.2B | ||
| Q4 24 | $2.4B | $1.1B | ||
| Q3 24 | $2.6B | $1.1B | ||
| Q2 24 | $2.7B | $1.1B |
净利润CETPC
| Q1 26 | $48.0M | — | ||
| Q4 25 | $14.0M | $28.8M | ||
| Q3 25 | $-1.4B | $3.6M | ||
| Q2 25 | $199.0M | $20.0M | ||
| Q1 25 | $-21.0M | $28.0M | ||
| Q4 24 | $-1.9B | $-79.4M | ||
| Q3 24 | $116.0M | $-100.9M | ||
| Q2 24 | $155.0M | $812.0K |
毛利率CETPC
| Q1 26 | 20.0% | — | ||
| Q4 25 | 19.1% | 9.8% | ||
| Q3 25 | 21.5% | 12.0% | ||
| Q2 25 | 21.1% | 14.3% | ||
| Q1 25 | 19.9% | 10.8% | ||
| Q4 24 | 22.7% | -0.9% | ||
| Q3 24 | 23.5% | -2.4% | ||
| Q2 24 | 24.2% | 10.4% |
营业利润率CETPC
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 3.3% | ||
| Q3 25 | -52.7% | 2.8% | ||
| Q2 25 | 9.2% | 5.6% | ||
| Q1 25 | 7.0% | 5.2% | ||
| Q4 24 | -59.3% | -8.1% | ||
| Q3 24 | 9.4% | -9.9% | ||
| Q2 24 | 9.4% | 3.6% |
净利率CETPC
| Q1 26 | 2.1% | — | ||
| Q4 25 | 0.6% | 1.9% | ||
| Q3 25 | -56.1% | 0.3% | ||
| Q2 25 | 7.9% | 1.5% | ||
| Q1 25 | -0.9% | 2.2% | ||
| Q4 24 | -80.8% | -7.4% | ||
| Q3 24 | 4.4% | -9.3% | ||
| Q2 24 | 5.8% | 0.1% |
每股收益（稀释后）CETPC
| Q1 26 | $0.41 | — | ||
| Q4 25 | $0.13 | $0.53 | ||
| Q3 25 | $-12.39 | $0.07 | ||
| Q2 25 | $1.81 | $0.38 | ||
| Q1 25 | $-0.19 | $0.53 | ||
| Q4 24 | $-17.50 | $-1.53 | ||
| Q3 24 | $1.06 | $-1.92 | ||
| Q2 24 | $1.41 | $0.02 |
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 | $1.8M | $734.6M |
| 总债务越低越好 | — | $407.4M |
| 股东权益账面价值 | $4.5M | $1.2B |
| 总资产 | $21.7M | $5.2B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资CETPC
| Q1 26 | $1.8M | — | ||
| Q4 25 | — | $734.6M | ||
| Q3 25 | — | $695.7M | ||
| Q2 25 | — | $526.1M | ||
| Q1 25 | — | $276.5M | ||
| Q4 24 | — | $455.1M | ||
| Q3 24 | — | $287.4M | ||
| Q2 24 | — | $267.1M |
总债务CETPC
| Q1 26 | — | — | ||
| Q4 25 | $11.4B | $407.4M | ||
| Q3 25 | $11.7B | $413.1M | ||
| Q2 25 | $12.7B | $419.4M | ||
| Q1 25 | $12.4B | $405.6M | ||
| Q4 24 | $11.1B | $534.1M | ||
| Q3 24 | $11.3B | $681.4M | ||
| Q2 24 | $11.1B | $676.4M |
股东权益CETPC
| Q1 26 | $4.5M | — | ||
| Q4 25 | $4.0B | $1.2B | ||
| Q3 25 | $4.0B | $1.2B | ||
| Q2 25 | $5.3B | $1.2B | ||
| Q1 25 | $5.2B | $1.2B | ||
| Q4 24 | $5.2B | $1.1B | ||
| Q3 24 | $7.3B | $1.2B | ||
| Q2 24 | $7.2B | $1.3B |
总资产CETPC
| Q1 26 | $21.7M | — | ||
| Q4 25 | $21.7B | $5.2B | ||
| Q3 25 | $22.2B | $5.2B | ||
| Q2 25 | $23.7B | $4.9B | ||
| Q1 25 | $23.2B | $4.5B | ||
| Q4 24 | $22.9B | $4.2B | ||
| Q3 24 | $25.9B | $4.4B | ||
| Q2 24 | $25.8B | $4.3B |
负债/权益比CETPC
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | 0.33× | ||
| Q3 25 | 2.95× | 0.35× | ||
| Q2 25 | 2.41× | 0.35× | ||
| Q1 25 | 2.39× | 0.35× | ||
| Q4 24 | 2.14× | 0.47× | ||
| Q3 24 | 1.56× | 0.56× | ||
| Q2 24 | 1.54× | 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 | — | $173.7M |
| 自由现金流经营现金流 - 资本支出 | $3.0M | $98.7M |
| 自由现金流率自由现金流/营收 | 0.1% | 6.5% |
| 资本支出强度资本支出/营收 | 2.8% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 6.02× |
| 过去12个月自由现金流最近4个季度 | $871.0M | $567.2M |
8季度趋势，按日历期对齐
经营现金流CETPC
| Q1 26 | — | — | ||
| Q4 25 | $252.0M | $173.7M | ||
| Q3 25 | $447.0M | $289.1M | ||
| Q2 25 | $410.0M | $262.4M | ||
| Q1 25 | $37.0M | $22.9M | ||
| Q4 24 | $494.0M | $329.6M | ||
| Q3 24 | $79.0M | $22.6M | ||
| Q2 24 | $292.0M | $53.1M |
自由现金流CETPC
| Q1 26 | $3.0M | — | ||
| Q4 25 | $168.0M | $98.7M | ||
| Q3 25 | $383.0M | $240.2M | ||
| Q2 25 | $317.0M | $235.6M | ||
| Q1 25 | $-65.0M | $-7.2M | ||
| Q4 24 | $389.0M | $320.4M | ||
| Q3 24 | $-9.0M | $15.6M | ||
| Q2 24 | $187.0M | $42.2M |
自由现金流率CETPC
| Q1 26 | 0.1% | — | ||
| Q4 25 | 7.6% | 6.5% | ||
| Q3 25 | 15.8% | 17.0% | ||
| Q2 25 | 12.5% | 17.1% | ||
| Q1 25 | -2.7% | -0.6% | ||
| Q4 24 | 16.4% | 30.0% | ||
| Q3 24 | -0.3% | 1.4% | ||
| Q2 24 | 7.1% | 3.7% |
资本支出强度CETPC
| Q1 26 | 2.8% | — | ||
| Q4 25 | 3.8% | 5.0% | ||
| Q3 25 | 2.6% | 3.5% | ||
| Q2 25 | 3.7% | 2.0% | ||
| Q1 25 | 4.3% | 2.4% | ||
| Q4 24 | 4.4% | 0.9% | ||
| Q3 24 | 3.3% | 0.6% | ||
| Q2 24 | 4.0% | 1.0% |
现金转化率CETPC
| Q1 26 | — | — | ||
| Q4 25 | 18.00× | 6.02× | ||
| Q3 25 | — | 79.63× | ||
| Q2 25 | 2.06× | 13.14× | ||
| Q1 25 | — | 0.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 1.88× | 65.44× |
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
CE
暂无分部数据
TPC
| State And Local Agencies | $591.1M | 39% |
| Mass Transit | $449.9M | 30% |
| Federal Agencies | $115.0M | 8% |
| Bridges | $100.5M | 7% |
| Military Facilities | $93.1M | 6% |
| Commercial And Industrial Facilities | $46.7M | 3% |
| Detention Facilities | $43.8M | 3% |
| Power And Energy | $35.8M | 2% |
| Multi Unit Residential | $25.9M | 2% |
| Education Facilities | $12.0M | 1% |
| Water | $3.6M | 0% |
