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DYCOM INDUSTRIES INC（DY）与RESIDEO TECHNOLOGIES, INC.（REZI）财务数据对比。点击上方公司名可切换其他公司
RESIDEO TECHNOLOGIES, INC.的季度营收约是DYCOM INDUSTRIES INC的1.3倍（$1.9B vs $1.5B），DYCOM INDUSTRIES INC净利率更高（7.3% vs 7.2%，领先0.1%），DYCOM INDUSTRIES INC同比增速更快（14.1% vs 2.0%），RESIDEO TECHNOLOGIES, INC.自由现金流更多（$262.0M vs $164.8M），过去两年DYCOM INDUSTRIES INC的营收复合增速更高（23.5% vs 12.9%）
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。
Resideo Technologies是2018年从霍尼韦尔分拆成立的美国跨国企业，主营住宅场景的温控、空气质量调节、湿度控制及安防系统，业务覆盖美国及全球市场。公司下设产品、分销两大业务板块，生产销售温度照明控制、安防、水气监测等智能家居硬件及配套软件产品。
DY vs REZI — 直观对比
营收规模更大
REZI
是对方的1.3倍
$1.5B
营收增速更快
DY
高出12.1%
2.0%
净利率更高
DY
高出0.1%
7.2%
自由现金流更多
REZI
多$97.2M
$164.8M
两年增速更快
DY
近两年复合增速
12.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.9B |
| 净利润 | $106.4M | $136.0M |
| 毛利率 | — | 29.6% |
| 营业利润率 | 9.7% | 7.4% |
| 净利率 | 7.3% | 7.2% |
| 营收同比 | 14.1% | 2.0% |
| 净利润同比 | 52.4% | 491.3% |
| 每股收益（稀释后） | $3.63 | $0.99 |
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DYREZI
| Q4 25 | $1.5B | $1.9B | ||
| Q3 25 | $1.4B | $1.9B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $952.5M | $1.5B |
净利润DYREZI
| Q4 25 | $106.4M | $136.0M | ||
| Q3 25 | $97.5M | $156.0M | ||
| Q2 25 | $61.0M | $-825.0M | ||
| Q1 25 | $32.7M | $6.0M | ||
| Q4 24 | $69.8M | $23.0M | ||
| Q3 24 | $68.4M | $20.0M | ||
| Q2 24 | $62.6M | $30.0M | ||
| Q1 24 | $23.4M | $43.0M |
毛利率DYREZI
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.9% | ||
| Q4 24 | — | 28.5% | ||
| Q3 24 | — | 28.7% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | — | 26.9% |
营业利润率DYREZI
| Q4 25 | 9.7% | 7.4% | ||
| Q3 25 | 9.5% | 8.3% | ||
| Q2 25 | 6.2% | 9.1% | ||
| Q1 25 | 4.1% | 7.7% | ||
| Q4 24 | 7.2% | 7.8% | ||
| Q3 24 | 7.9% | 6.9% | ||
| Q2 24 | 6.8% | 7.7% | ||
| Q1 24 | 3.3% | 8.6% |
净利率DYREZI
| Q4 25 | 7.3% | 7.2% | ||
| Q3 25 | 7.1% | 8.4% | ||
| Q2 25 | 4.9% | -42.5% | ||
| Q1 25 | 3.0% | 0.3% | ||
| Q4 24 | 5.5% | 1.2% | ||
| Q3 24 | 5.7% | 1.1% | ||
| Q2 24 | 5.5% | 1.9% | ||
| Q1 24 | 2.5% | 2.9% |
每股收益（稀释后）DYREZI
| Q4 25 | $3.63 | $0.99 | ||
| Q3 25 | $3.33 | $0.85 | ||
| Q2 25 | $2.09 | $-5.59 | ||
| Q1 25 | $1.11 | $-0.02 | ||
| Q4 24 | $2.37 | $0.06 | ||
| Q3 24 | $2.32 | $0.07 | ||
| Q2 24 | $2.12 | $0.19 | ||
| Q1 24 | $0.79 | $0.29 |
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 | $110.1M | $661.0M |
| 总债务越低越好 | — | $3.2B |
| 股东权益账面价值 | $1.5B | $2.9B |
| 总资产 | $3.3B | $8.4B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资DYREZI
| Q4 25 | $110.1M | $661.0M | ||
| Q3 25 | $28.5M | $345.0M | ||
| Q2 25 | $16.1M | $753.0M | ||
| Q1 25 | $92.7M | $577.0M | ||
| Q4 24 | $15.3M | $692.0M | ||
| Q3 24 | $19.6M | $531.0M | ||
| Q2 24 | $26.1M | $413.0M | ||
| Q1 24 | $101.1M | $603.0M |
总债务DYREZI
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $1.4B |
股东权益DYREZI
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.4B | $2.8B | ||
| Q2 25 | $1.3B | $2.6B | ||
| Q1 25 | $1.2B | $3.3B | ||
| Q4 24 | $1.2B | $3.3B | ||
| Q3 24 | $1.2B | $3.4B | ||
| Q2 24 | $1.1B | $3.3B | ||
| Q1 24 | $1.1B | $2.8B |
总资产DYREZI
| Q4 25 | $3.3B | $8.4B | ||
| Q3 25 | $3.2B | $8.2B | ||
| Q2 25 | $3.1B | $8.5B | ||
| Q1 25 | $2.9B | $8.1B | ||
| Q4 24 | $3.1B | $8.2B | ||
| Q3 24 | $2.8B | $8.1B | ||
| Q2 24 | $2.6B | $8.0B | ||
| Q1 24 | $2.5B | $6.5B |
负债/权益比DYREZI
| Q4 25 | — | 1.11× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | 0.77× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.61× | ||
| Q3 24 | — | 0.60× | ||
| Q2 24 | — | 0.61× | ||
| Q1 24 | — | 0.51× |
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 | $299.0M |
| 自由现金流经营现金流 - 资本支出 | $164.8M | $262.0M |
| 自由现金流率自由现金流/营收 | 11.4% | 13.8% |
| 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× | 2.20× |
| 过去12个月自由现金流最近4个季度 | $296.8M | $-1.3B |
8季度趋势，按日历期对齐
经营现金流DYREZI
| Q4 25 | $220.0M | $299.0M | ||
| Q3 25 | $57.4M | $-1.6B | ||
| Q2 25 | $-54.0M | $200.0M | ||
| Q1 25 | $328.2M | $-65.0M | ||
| Q4 24 | $65.8M | $203.0M | ||
| Q3 24 | $-7.5M | $147.0M | ||
| Q2 24 | $-37.4M | $92.0M | ||
| Q1 24 | $325.1M | $2.0M |
自由现金流DYREZI
| Q4 25 | $164.8M | $262.0M | ||
| Q3 25 | $5.8M | $-1.6B | ||
| Q2 25 | $-133.5M | $180.0M | ||
| Q1 25 | $259.7M | $-96.0M | ||
| Q4 24 | $-8.8M | $181.0M | ||
| Q3 24 | $-72.9M | $125.0M | ||
| Q2 24 | $-79.4M | $77.0M | ||
| Q1 24 | $267.7M | $-19.0M |
自由现金流率DYREZI
| Q4 25 | 11.4% | 13.8% | ||
| Q3 25 | 0.4% | -85.8% | ||
| Q2 25 | -10.6% | 9.3% | ||
| Q1 25 | 23.9% | -5.4% | ||
| Q4 24 | -0.7% | 9.7% | ||
| Q3 24 | -6.1% | 6.8% | ||
| Q2 24 | -6.9% | 4.8% | ||
| Q1 24 | 28.1% | -1.3% |
资本支出强度DYREZI
| Q4 25 | 3.8% | 2.0% | ||
| Q3 25 | 3.8% | 1.5% | ||
| Q2 25 | 6.3% | 1.0% | ||
| Q1 25 | 6.3% | 1.8% | ||
| Q4 24 | 5.9% | 1.2% | ||
| Q3 24 | 5.4% | 1.2% | ||
| Q2 24 | 3.7% | 0.9% | ||
| Q1 24 | 6.0% | 1.4% |
现金转化率DYREZI
| Q4 25 | 2.07× | 2.20× | ||
| Q3 25 | 0.59× | -10.07× | ||
| Q2 25 | -0.88× | — | ||
| Q1 25 | 10.05× | -10.83× | ||
| Q4 24 | 0.94× | 8.83× | ||
| Q3 24 | -0.11× | 7.35× | ||
| Q2 24 | -0.60× | 3.07× | ||
| Q1 24 | 13.88× | 0.05× |
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
REZI
| ADI Global Distribution Segment | $1.2B | 62% |
| Safety And Security | $257.0M | 14% |
| Air | $211.0M | 11% |
| Energy Service | $153.0M | 8% |
| Public Utilities Inventory Water | $91.0M | 5% |
