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Cincinnati Financial（CINF）与Primoris Services Corp（PRIM）财务数据对比。点击上方公司名可切换其他公司
Cincinnati Financial的季度营收约是Primoris Services Corp的1.5倍（$2.8B vs $1.9B），Cincinnati Financial净利率更高（9.6% vs 2.8%，领先6.8%），Primoris Services Corp同比增速更快（6.7% vs -1.7%），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs 5.2%）
辛辛那提金融公司主营财产与意外伤害保险，通过旗下辛辛那提保险公司、辛辛那提赔偿公司及辛辛那提意外伤害保险公司运营核心业务。目前该公司在美国国内财险保费市场占比达1.01%，按市场份额计算位列美国第20大保险公司。
Primoris Services Corp是总部位于美国的上市专业基建与工程建设企业，核心业务覆盖天然气管道、污水管网及供水管道建设领域，2014年入选《财富》1000强榜单，在北美能源及民生基建领域拥有丰富的项目运营经验。
CINF vs PRIM — 直观对比
营收规模更大
CINF
是对方的1.5倍
$1.9B
营收增速更快
PRIM
高出8.4%
-1.7%
净利率更高
CINF
高出6.8%
2.8%
两年增速更快
PRIM
近两年复合增速
5.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.9B |
| 净利润 | $274.0M | $51.7M |
| 毛利率 | — | 9.4% |
| 营业利润率 | — | 4.2% |
| 净利率 | 9.6% | 2.8% |
| 营收同比 | -1.7% | 6.7% |
| 净利润同比 | 404.4% | -4.2% |
| 每股收益（稀释后） | — | $0.94 |
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CINFPRIM
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.1B | $1.9B | ||
| Q3 25 | $3.7B | $2.2B | ||
| Q2 25 | $3.2B | $1.9B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.5B | $1.7B | ||
| Q3 24 | $3.3B | $1.6B | ||
| Q2 24 | $2.5B | $1.6B |
净利润CINFPRIM
| Q1 26 | $274.0M | — | ||
| Q4 25 | $676.0M | $51.7M | ||
| Q3 25 | $1.1B | $94.6M | ||
| Q2 25 | $685.0M | $84.3M | ||
| Q1 25 | $-90.0M | $44.2M | ||
| Q4 24 | $405.0M | $54.0M | ||
| Q3 24 | $820.0M | $58.4M | ||
| Q2 24 | $312.0M | $49.5M |
毛利率CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 10.4% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | — | 11.9% |
营业利润率CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | 4.2% | ||
| Q3 25 | 37.9% | 6.3% | ||
| Q2 25 | 26.3% | 6.7% | ||
| Q1 25 | -5.0% | 4.3% | ||
| Q4 24 | 18.9% | 5.0% | ||
| Q3 24 | 31.3% | 6.0% | ||
| Q2 24 | 15.2% | 5.5% |
净利率CINFPRIM
| Q1 26 | 9.6% | — | ||
| Q4 25 | 21.9% | 2.8% | ||
| Q3 25 | 30.1% | 4.3% | ||
| Q2 25 | 21.1% | 4.5% | ||
| Q1 25 | -3.5% | 2.7% | ||
| Q4 24 | 16.0% | 3.1% | ||
| Q3 24 | 24.7% | 3.5% | ||
| Q2 24 | 12.3% | 3.2% |
每股收益（稀释后）CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | $4.29 | $0.94 | ||
| Q3 25 | $7.11 | $1.73 | ||
| Q2 25 | $4.34 | $1.54 | ||
| Q1 25 | $-0.57 | $0.81 | ||
| Q4 24 | $2.57 | $0.98 | ||
| Q3 24 | $5.20 | $1.07 | ||
| Q2 24 | $1.98 | $0.91 |
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 | $1.2B | $535.5M |
| 总债务越低越好 | $816.0M | $469.9M |
| 股东权益账面价值 | $15.7B | $1.7B |
| 总资产 | $41.2B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.05× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资CINFPRIM
| Q1 26 | $1.2B | — | ||
| Q4 25 | $148.0M | $535.5M | ||
| Q3 25 | $1.6B | $431.4M | ||
| Q2 25 | $1.1B | $390.3M | ||
| Q1 25 | $1.1B | $351.6M | ||
| Q4 24 | $1.3B | $455.8M | ||
| Q3 24 | $1.8B | $352.7M | ||
| Q2 24 | $771.0M | $207.4M |
总债务CINFPRIM
| Q1 26 | $816.0M | — | ||
| Q4 25 | $861.0M | $469.9M | ||
| Q3 25 | $858.0M | $486.0M | ||
| Q2 25 | $859.0M | $603.1M | ||
| Q1 25 | $853.0M | $612.0M | ||
| Q4 24 | $850.0M | $734.8M | ||
| Q3 24 | $849.0M | $903.7M | ||
| Q2 24 | $849.0M | $933.0M |
股东权益CINFPRIM
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.9B | $1.7B | ||
| Q3 25 | $15.4B | $1.6B | ||
| Q2 25 | $14.3B | $1.5B | ||
| Q1 25 | $13.7B | $1.4B | ||
| Q4 24 | $13.9B | $1.4B | ||
| Q3 24 | $13.8B | $1.4B | ||
| Q2 24 | $12.8B | $1.3B |
总资产CINFPRIM
| Q1 26 | $41.2B | — | ||
| Q4 25 | $41.0B | $4.4B | ||
| Q3 25 | $40.6B | $4.6B | ||
| Q2 25 | $38.8B | $4.5B | ||
| Q1 25 | $37.3B | $4.2B | ||
| Q4 24 | $36.5B | $4.2B | ||
| Q3 24 | $37.0B | $4.2B | ||
| Q2 24 | $34.8B | $4.0B |
负债/权益比CINFPRIM
| Q1 26 | 0.05× | — | ||
| Q4 25 | 0.05× | 0.28× | ||
| Q3 25 | 0.06× | 0.30× | ||
| Q2 25 | 0.06× | 0.39× | ||
| Q1 25 | 0.06× | 0.42× | ||
| Q4 24 | 0.06× | 0.52× | ||
| Q3 24 | 0.06× | 0.67× | ||
| Q2 24 | 0.07× | 0.72× |
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 | — | $142.9M |
| 自由现金流经营现金流 - 资本支出 | — | $121.1M |
| 自由现金流率自由现金流/营收 | — | 6.5% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | 2.76× |
| 过去12个月自由现金流最近4个季度 | — | $340.5M |
8季度趋势，按日历期对齐
经营现金流CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | $947.0M | $142.9M | ||
| Q3 25 | $1.1B | $182.9M | ||
| Q2 25 | $741.0M | $78.5M | ||
| Q1 25 | $310.0M | $66.2M | ||
| Q4 24 | $642.0M | $298.3M | ||
| Q3 24 | $912.0M | $222.5M | ||
| Q2 24 | $742.0M | $16.1M |
自由现金流CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | $939.0M | $121.1M | ||
| Q3 25 | $1.1B | $148.4M | ||
| Q2 25 | $737.0M | $45.3M | ||
| Q1 25 | $307.0M | $25.6M | ||
| Q4 24 | $638.0M | $270.0M | ||
| Q3 24 | $906.0M | $158.8M | ||
| Q2 24 | $737.0M | $-8.1M |
自由现金流率CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | 30.4% | 6.5% | ||
| Q3 25 | 29.8% | 6.8% | ||
| Q2 25 | 22.7% | 2.4% | ||
| Q1 25 | 12.0% | 1.6% | ||
| Q4 24 | 25.1% | 15.5% | ||
| Q3 24 | 27.3% | 9.6% | ||
| Q2 24 | 29.0% | -0.5% |
资本支出强度CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 1.2% | ||
| Q3 25 | 0.1% | 1.6% | ||
| Q2 25 | 0.1% | 1.8% | ||
| Q1 25 | 0.1% | 2.5% | ||
| Q4 24 | 0.2% | 1.6% | ||
| Q3 24 | 0.2% | 3.9% | ||
| Q2 24 | 0.2% | 1.5% |
现金转化率CINFPRIM
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | 2.76× | ||
| Q3 25 | 0.99× | 1.93× | ||
| Q2 25 | 1.08× | 0.93× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | 1.59× | 5.53× | ||
| Q3 24 | 1.11× | 3.81× | ||
| Q2 24 | 2.38× | 0.32× |
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
CINF
| Property casualty | $2.6B | 93% |
| Life | $105.0M | 4% |
| Other | $92.0M | 3% |
| Fee revenues | $1.0M | 0% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
