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达美乐（DPZ）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
达美乐的季度营收约是IES Holdings, Inc.的1.3倍（$1.2B vs $871.0M），达美乐净利率更高（12.2% vs 10.5%，领先1.6%），IES Holdings, Inc.同比增速更快（16.2% vs 3.5%），达美乐自由现金流更多（$147.0M vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs 2.4%）
达美乐是1960年成立的美国跨国披萨连锁品牌，注册地位于特拉华州，总部坐落在密歇根州安娜堡附近的安娜堡镇达美乐农场办公园区。截至2018年，品牌已在全球83个国家和地区的5701座城市开设约15000家门店，其中美国、印度、英国分别有5649家、1500家和1249家门店。
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。
DPZ vs IESC — 直观对比
营收规模更大
DPZ
是对方的1.3倍
$871.0M
营收增速更快
IESC
高出12.7%
3.5%
净利率更高
DPZ
高出1.6%
10.5%
自由现金流更多
DPZ
多$165.9M
$-18.9M
两年增速更快
IESC
近两年复合增速
2.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $871.0M |
| 净利润 | $139.8M | $91.8M |
| 毛利率 | 40.4% | 25.3% |
| 营业利润率 | 20.0% | 11.2% |
| 净利率 | 12.2% | 10.5% |
| 营收同比 | 3.5% | 16.2% |
| 净利润同比 | -6.6% | 59.1% |
| 每股收益（稀释后） | $4.13 | $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
营收DPZIESC
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $871.0M | ||
| Q3 25 | $1.1B | $897.8M | ||
| Q2 25 | $1.1B | $890.2M | ||
| Q1 25 | $1.1B | $834.0M | ||
| Q4 24 | $1.4B | $749.5M | ||
| Q3 24 | $1.1B | $775.8M | ||
| Q2 24 | $1.1B | $768.4M |
净利润DPZIESC
| Q1 26 | $139.8M | — | ||
| Q4 25 | — | $91.8M | ||
| Q3 25 | $139.3M | $102.3M | ||
| Q2 25 | $131.1M | $79.3M | ||
| Q1 25 | $149.7M | $72.6M | ||
| Q4 24 | $169.4M | $57.7M | ||
| Q3 24 | $146.9M | $65.5M | ||
| Q2 24 | $142.0M | $66.6M |
毛利率DPZIESC
| Q1 26 | 40.4% | — | ||
| Q4 25 | — | 25.3% | ||
| Q3 25 | 40.1% | 26.0% | ||
| Q2 25 | 40.3% | 26.9% | ||
| Q1 25 | 39.8% | 25.0% | ||
| Q4 24 | 39.2% | 23.8% | ||
| Q3 24 | 39.2% | 24.0% | ||
| Q2 24 | 39.8% | 25.3% |
营业利润率DPZIESC
| Q1 26 | 20.0% | — | ||
| Q4 25 | — | 11.2% | ||
| Q3 25 | 19.5% | 11.6% | ||
| Q2 25 | 19.7% | 12.6% | ||
| Q1 25 | 18.9% | 11.1% | ||
| Q4 24 | 19.0% | 10.0% | ||
| Q3 24 | 18.4% | 9.7% | ||
| Q2 24 | 17.9% | 11.7% |
净利率DPZIESC
| Q1 26 | 12.2% | — | ||
| Q4 25 | — | 10.5% | ||
| Q3 25 | 12.1% | 11.4% | ||
| Q2 25 | 11.4% | 8.9% | ||
| Q1 25 | 13.5% | 8.7% | ||
| Q4 24 | 11.7% | 7.7% | ||
| Q3 24 | 13.6% | 8.4% | ||
| Q2 24 | 12.9% | 8.7% |
每股收益（稀释后）DPZIESC
| Q1 26 | $4.13 | — | ||
| Q4 25 | — | $4.51 | ||
| Q3 25 | $4.08 | $4.99 | ||
| Q2 25 | $3.81 | $3.81 | ||
| Q1 25 | $4.33 | $3.50 | ||
| Q4 24 | $4.89 | $2.72 | ||
| Q3 24 | $4.19 | $3.06 | ||
| Q2 24 | $4.03 | $2.67 |
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 | $232.9M | $258.7M |
| 总债务越低越好 | $4.9B | — |
| 股东权益账面价值 | — | $961.1M |
| 总资产 | $1.8B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DPZIESC
| Q1 26 | $232.9M | — | ||
| Q4 25 | — | $258.7M | ||
| Q3 25 | $139.7M | $231.8M | ||
| Q2 25 | $272.9M | $168.3M | ||
| Q1 25 | $304.3M | $88.3M | ||
| Q4 24 | $186.1M | $112.0M | ||
| Q3 24 | $189.1M | $135.8M | ||
| Q2 24 | $283.7M | $44.9M |
总债务DPZIESC
| Q1 26 | $4.9B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $3.8B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $5.0B | — |
股东权益DPZIESC
| Q1 26 | — | — | ||
| Q4 25 | — | $961.1M | ||
| Q3 25 | $-4.0B | $884.0M | ||
| Q2 25 | $-4.0B | $781.4M | ||
| Q1 25 | $-3.9B | $705.8M | ||
| Q4 24 | $-4.0B | $652.4M | ||
| Q3 24 | $-4.0B | $611.1M | ||
| Q2 24 | $-3.9B | $567.5M |
总资产DPZIESC
| Q1 26 | $1.8B | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.9B | $1.4B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B |
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 | $162.0M | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $147.0M | $-18.9M |
| 自由现金流率自由现金流/营收 | 12.8% | -2.2% |
| 资本支出强度资本支出/营收 | 1.3% | 5.3% |
| 现金转化率经营现金流/净利润 | 1.16× | 0.30× |
| 过去12个月自由现金流最近4个季度 | $625.3M | $175.9M |
8季度趋势，按日历期对齐
经营现金流DPZIESC
| Q1 26 | $162.0M | — | ||
| Q4 25 | — | $27.7M | ||
| Q3 25 | $185.4M | $132.0M | ||
| Q2 25 | $187.8M | $92.0M | ||
| Q1 25 | $179.1M | $24.8M | ||
| Q4 24 | $178.0M | $37.3M | ||
| Q3 24 | $172.7M | $92.8M | ||
| Q2 24 | $150.7M | $82.9M |
自由现金流DPZIESC
| Q1 26 | $147.0M | — | ||
| Q4 25 | — | $-18.9M | ||
| Q3 25 | $164.0M | $112.0M | ||
| Q2 25 | $167.3M | $74.8M | ||
| Q1 25 | $164.3M | $7.9M | ||
| Q4 24 | $135.9M | $24.1M | ||
| Q3 24 | $145.6M | $78.5M | ||
| Q2 24 | $127.2M | $65.4M |
自由现金流率DPZIESC
| Q1 26 | 12.8% | — | ||
| Q4 25 | — | -2.2% | ||
| Q3 25 | 14.3% | 12.5% | ||
| Q2 25 | 14.6% | 8.4% | ||
| Q1 25 | 14.8% | 0.9% | ||
| Q4 24 | 9.4% | 3.2% | ||
| Q3 24 | 13.5% | 10.1% | ||
| Q2 24 | 11.6% | 8.5% |
资本支出强度DPZIESC
| Q1 26 | 1.3% | — | ||
| Q4 25 | — | 5.3% | ||
| Q3 25 | 1.9% | 2.2% | ||
| Q2 25 | 1.8% | 1.9% | ||
| Q1 25 | 1.3% | 2.0% | ||
| Q4 24 | 2.9% | 1.8% | ||
| Q3 24 | 2.5% | 1.8% | ||
| Q2 24 | 2.1% | 2.3% |
现金转化率DPZIESC
| Q1 26 | 1.16× | — | ||
| Q4 25 | — | 0.30× | ||
| Q3 25 | 1.33× | 1.29× | ||
| Q2 25 | 1.43× | 1.16× | ||
| Q1 25 | 1.20× | 0.34× | ||
| Q4 24 | 1.05× | 0.65× | ||
| Q3 24 | 1.18× | 1.42× | ||
| Q2 24 | 1.06× | 1.24× |
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
DPZ
| Supply chain | $699.0M | 61% |
| U.S. franchise royalties and fees | $158.0M | 14% |
| U.S. franchise advertising | $130.5M | 11% |
| U.S. Company-owned stores | $82.1M | 7% |
| International franchise royalties and fees | $81.0M | 7% |
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% |
