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DYCOM INDUSTRIES INC（DY）与MASTEC INC（MTZ）财务数据对比。点击上方公司名可切换其他公司
MASTEC INC的季度营收约是DYCOM INDUSTRIES INC的2.7倍（$3.9B vs $1.5B）。DYCOM INDUSTRIES INC净利率更高（7.3% vs 3.6%，领先3.7%）。MASTEC INC同比增速更快（15.8% vs 14.1%）。MASTEC INC自由现金流更多（$292.5M vs $164.8M）。过去两年DYCOM INDUSTRIES INC的营收复合增速更高（23.5% vs 21.1%）
本公司是美国基础设施服务供应商，服务覆盖电力、管道、工业、通信四大领域，具备各类网络基础设施的规划、设计、安装、项目管理、运维及抢修能力。成立以来坚持内生增长，同时已收购150多家电力承包行业企业，为众多大型电力领域客户提供专业服务。
MasTec Inc是总部位于美国佛罗里达州科勒尔盖布尔斯的基础设施工程建设企业，面向能源、公用事业及通信领域提供基础设施的设计、施工、安装、运维与升级服务，客户主要来自公用事业、通信及政府行业。
DY vs MTZ — 直观对比
营收规模更大
MTZ
是对方的2.7倍
$1.5B
营收增速更快
MTZ
高出1.6%
14.1%
净利率更高
DY
高出3.7%
3.6%
自由现金流更多
MTZ
多$127.7M
$164.8M
两年增速更快
DY
近两年复合增速
21.1%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $3.9B |
| 净利润 | $106.4M | $142.7M |
| 毛利率 | — | — |
| 营业利润率 | 9.7% | 4.4% |
| 净利率 | 7.3% | 3.6% |
| 营收同比 | 14.1% | 15.8% |
| 净利润同比 | 52.4% | 90.9% |
| 每股收益（稀释后） | $3.63 | $1.81 |
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DYMTZ
| Q4 25 | $1.5B | $3.9B | ||
| Q3 25 | $1.4B | $4.0B | ||
| Q2 25 | $1.3B | $3.5B | ||
| Q1 25 | $1.1B | $2.8B | ||
| Q4 24 | $1.3B | $3.4B | ||
| Q3 24 | $1.2B | $3.3B | ||
| Q2 24 | $1.1B | $3.0B | ||
| Q1 24 | $952.5M | $2.7B |
净利润DYMTZ
| Q4 25 | $106.4M | $142.7M | ||
| Q3 25 | $97.5M | $160.7M | ||
| Q2 25 | $61.0M | $85.8M | ||
| Q1 25 | $32.7M | $9.9M | ||
| Q4 24 | $69.8M | $74.7M | ||
| Q3 24 | $68.4M | $95.2M | ||
| Q2 24 | $62.6M | $34.0M | ||
| Q1 24 | $23.4M | $-41.2M |
营业利润率DYMTZ
| Q4 25 | 9.7% | 4.4% | ||
| Q3 25 | 9.5% | 5.3% | ||
| Q2 25 | 6.2% | 3.4% | ||
| Q1 25 | 4.1% | 0.3% | ||
| Q4 24 | 7.2% | 2.8% | ||
| Q3 24 | 7.9% | 4.2% | ||
| Q2 24 | 6.8% | 2.1% | ||
| Q1 24 | 3.3% | -1.7% |
净利率DYMTZ
| Q4 25 | 7.3% | 3.6% | ||
| Q3 25 | 7.1% | 4.0% | ||
| Q2 25 | 4.9% | 2.4% | ||
| Q1 25 | 3.0% | 0.3% | ||
| Q4 24 | 5.5% | 2.2% | ||
| Q3 24 | 5.7% | 2.9% | ||
| Q2 24 | 5.5% | 1.1% | ||
| Q1 24 | 2.5% | -1.5% |
每股收益（稀释后）DYMTZ
| Q4 25 | $3.63 | $1.81 | ||
| Q3 25 | $3.33 | $2.04 | ||
| Q2 25 | $2.09 | $1.09 | ||
| Q1 25 | $1.11 | $0.13 | ||
| Q4 24 | $2.37 | $0.95 | ||
| Q3 24 | $2.32 | $1.21 | ||
| Q2 24 | $2.12 | $0.43 | ||
| Q1 24 | $0.79 | $-0.53 |
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 | $110.1M | $396.0M |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $1.5B | $3.3B |
| 总资产 | $3.3B | $9.9B |
| 负债/权益比越低杠杆越低 | — | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资DYMTZ
| Q4 25 | $110.1M | $396.0M | ||
| Q3 25 | $28.5M | $231.4M | ||
| Q2 25 | $16.1M | $191.1M | ||
| Q1 25 | $92.7M | $345.7M | ||
| Q4 24 | $15.3M | $399.9M | ||
| Q3 24 | $19.6M | $181.2M | ||
| Q2 24 | $26.1M | $297.6M | ||
| Q1 24 | $101.1M | $249.3M |
总债务DYMTZ
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.5B |
股东权益DYMTZ
| Q4 25 | $1.5B | $3.3B | ||
| Q3 25 | $1.4B | $3.1B | ||
| Q2 25 | $1.3B | $2.9B | ||
| Q1 25 | $1.2B | $2.9B | ||
| Q4 24 | $1.2B | $2.9B | ||
| Q3 24 | $1.2B | $2.8B | ||
| Q2 24 | $1.1B | $2.7B | ||
| Q1 24 | $1.1B | $2.7B |
总资产DYMTZ
| Q4 25 | $3.3B | $9.9B | ||
| Q3 25 | $3.2B | $9.7B | ||
| Q2 25 | $3.1B | $9.1B | ||
| Q1 25 | $2.9B | $8.9B | ||
| Q4 24 | $3.1B | $9.0B | ||
| Q3 24 | $2.8B | $8.8B | ||
| Q2 24 | $2.6B | $8.7B | ||
| Q1 24 | $2.5B | $8.7B |
负债/权益比DYMTZ
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | 0.71× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.76× | ||
| Q2 24 | — | 0.87× | ||
| Q1 24 | — | 0.95× |
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 | $220.0M | $372.7M |
| 自由现金流经营现金流 - 资本支出 | $164.8M | $292.5M |
| 自由现金流率自由现金流/营收 | 11.4% | 7.4% |
| 资本支出强度资本支出/营收 | 3.8% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.07× | 2.61× |
| 过去12个月自由现金流最近4个季度 | $296.8M | $285.7M |
8季度趋势，按日历期对齐
经营现金流DYMTZ
| Q4 25 | $220.0M | $372.7M | ||
| Q3 25 | $57.4M | $89.0M | ||
| Q2 25 | $-54.0M | $5.6M | ||
| Q1 25 | $328.2M | $78.4M | ||
| Q4 24 | $65.8M | $471.7M | ||
| Q3 24 | $-7.5M | $277.7M | ||
| Q2 24 | $-37.4M | $264.4M | ||
| Q1 24 | $325.1M | $107.8M |
自由现金流DYMTZ
| Q4 25 | $164.8M | $292.5M | ||
| Q3 25 | $5.8M | $20.3M | ||
| Q2 25 | $-133.5M | $-58.2M | ||
| Q1 25 | $259.7M | $31.1M | ||
| Q4 24 | $-8.8M | $423.4M | ||
| Q3 24 | $-72.9M | $234.1M | ||
| Q2 24 | $-79.4M | $232.9M | ||
| Q1 24 | $267.7M | $82.3M |
自由现金流率DYMTZ
| Q4 25 | 11.4% | 7.4% | ||
| Q3 25 | 0.4% | 0.5% | ||
| Q2 25 | -10.6% | -1.6% | ||
| Q1 25 | 23.9% | 1.1% | ||
| Q4 24 | -0.7% | 12.4% | ||
| Q3 24 | -6.1% | 7.2% | ||
| Q2 24 | -6.9% | 7.9% | ||
| Q1 24 | 28.1% | 3.1% |
资本支出强度DYMTZ
| Q4 25 | 3.8% | 2.0% | ||
| Q3 25 | 3.8% | 1.7% | ||
| Q2 25 | 6.3% | 1.8% | ||
| Q1 25 | 6.3% | 1.7% | ||
| Q4 24 | 5.9% | 1.4% | ||
| Q3 24 | 5.4% | 1.3% | ||
| Q2 24 | 3.7% | 1.1% | ||
| Q1 24 | 6.0% | 0.9% |
现金转化率DYMTZ
| Q4 25 | 2.07× | 2.61× | ||
| Q3 25 | 0.59× | 0.55× | ||
| Q2 25 | -0.88× | 0.07× | ||
| Q1 25 | 10.05× | 7.91× | ||
| Q4 24 | 0.94× | 6.31× | ||
| Q3 24 | -0.11× | 2.92× | ||
| Q2 24 | -0.60× | 7.78× | ||
| Q1 24 | 13.88× | — |
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
DY
暂无分部数据
MTZ
| Clean Energy And Infrastructure | $1.3B | 33% |
| Power Delivery | $1.1B | 28% |
| Communications | $906.7M | 23% |
| Pipeline Infrastructure | $643.8M | 16% |
