vs
美国艺电（EA）与GRANITE CONSTRUCTION INC（GVA）财务数据对比。点击上方公司名可切换其他公司
美国艺电的季度营收约是GRANITE CONSTRUCTION INC的1.6倍（$1.9B vs $1.2B），美国艺电净利率更高（4.6% vs 4.5%，领先0.2%），GRANITE CONSTRUCTION INC同比增速更快（19.2% vs 1.0%），过去两年GRANITE CONSTRUCTION INC的营收复合增速更高（31.7% vs 3.4%）
美国艺电（EA）是总部位于美国加利福尼亚州雷德伍德城的电子游戏企业，1982年5月由前苹果员工特里普·霍金斯创立。作为早期家用电脑游戏行业的先驱，公司将旗下游戏设计师与程序员称作“软件艺术家”，是全球知名的游戏厂商。
Granite Construction Inc.是美国民用建筑企业及建筑骨料生产商，为标普600指数成分股，创始地及总部位于加利福尼亚州沃森维尔，是Granite Construction Company的母公司。公司主营重型民用建筑承包与建筑骨料生产，在美国西部多州持有或租赁采石场，主要开采砂、砾石、碎石等产品。
EA vs GVA — 直观对比
营收规模更大
EA
是对方的1.6倍
$1.2B
营收增速更快
GVA
高出18.3%
1.0%
净利率更高
EA
高出0.2%
4.5%
两年增速更快
GVA
近两年复合增速
3.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.2B |
| 净利润 | $88.0M | $52.0M |
| 毛利率 | 73.8% | 14.4% |
| 营业利润率 | 6.7% | 6.4% |
| 净利率 | 4.6% | 4.5% |
| 营收同比 | 1.0% | 19.2% |
| 净利润同比 | -70.0% | 25.4% |
| 每股收益（稀释后） | $0.35 | $1.23 |
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EAGVA
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.8B | $1.4B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.9B | $699.5M | ||
| Q4 24 | $1.9B | $977.3M | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $1.7B | $1.1B | ||
| Q1 24 | $1.8B | $672.3M |
净利润EAGVA
| Q4 25 | $88.0M | $52.0M | ||
| Q3 25 | $137.0M | $102.9M | ||
| Q2 25 | $201.0M | $71.7M | ||
| Q1 25 | $254.0M | $-33.7M | ||
| Q4 24 | $293.0M | $41.5M | ||
| Q3 24 | $294.0M | $79.0M | ||
| Q2 24 | $280.0M | $36.9M | ||
| Q1 24 | $182.0M | $-31.0M |
毛利率EAGVA
| Q4 25 | 73.8% | 14.4% | ||
| Q3 25 | 75.9% | 18.2% | ||
| Q2 25 | 83.3% | 17.7% | ||
| Q1 25 | 80.6% | 12.0% | ||
| Q4 24 | 75.8% | 15.4% | ||
| Q3 24 | 77.5% | 15.9% | ||
| Q2 24 | 84.2% | 15.2% | ||
| Q1 24 | 79.9% | 8.1% |
营业利润率EAGVA
| Q4 25 | 6.7% | 6.4% | ||
| Q3 25 | 10.9% | 10.0% | ||
| Q2 25 | 16.2% | 9.2% | ||
| Q1 25 | 20.8% | -5.7% | ||
| Q4 24 | 20.0% | 6.2% | ||
| Q3 24 | 19.0% | 8.2% | ||
| Q2 24 | 21.9% | 7.9% | ||
| Q1 24 | 13.2% | -6.4% |
净利率EAGVA
| Q4 25 | 4.6% | 4.5% | ||
| Q3 25 | 7.4% | 7.2% | ||
| Q2 25 | 12.0% | 6.4% | ||
| Q1 25 | 13.4% | -4.8% | ||
| Q4 24 | 15.6% | 4.2% | ||
| Q3 24 | 14.5% | 6.2% | ||
| Q2 24 | 16.9% | 3.4% | ||
| Q1 24 | 10.2% | -4.6% |
每股收益（稀释后）EAGVA
| Q4 25 | $0.35 | $1.23 | ||
| Q3 25 | $0.54 | $1.98 | ||
| Q2 25 | $0.79 | $1.42 | ||
| Q1 25 | $0.99 | $-0.77 | ||
| Q4 24 | $1.11 | $0.99 | ||
| Q3 24 | $1.11 | $1.57 | ||
| Q2 24 | $1.04 | $0.76 | ||
| Q1 24 | $0.67 | $-0.70 |
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 | $2.8B | $600.2M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $6.2B | $1.2B |
| 总资产 | $13.3B | $4.0B |
| 负债/权益比越低杠杆越低 | — | 1.14× |
8季度趋势，按日历期对齐
现金及短期投资EAGVA
| Q4 25 | $2.8B | $600.2M | ||
| Q3 25 | $1.1B | $547.2M | ||
| Q2 25 | $1.5B | $385.3M | ||
| Q1 25 | $2.1B | $422.8M | ||
| Q4 24 | $2.8B | $585.6M | ||
| Q3 24 | $2.2B | $472.4M | ||
| Q2 24 | $2.4B | $377.2M | ||
| Q1 24 | $2.9B | $337.3M |
总债务EAGVA
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $740.4M | ||
| Q1 25 | — | $739.7M | ||
| Q4 24 | — | $739.0M | ||
| Q3 24 | — | $738.6M | ||
| Q2 24 | — | $738.9M | ||
| Q1 24 | — | $553.2M |
股东权益EAGVA
| Q4 25 | $6.2B | $1.2B | ||
| Q3 25 | $6.0B | $1.2B | ||
| Q2 25 | $6.1B | $1.1B | ||
| Q1 25 | $6.4B | $993.5M | ||
| Q4 24 | $7.4B | $1.0B | ||
| Q3 24 | $7.4B | $1.0B | ||
| Q2 24 | $7.4B | $931.7M | ||
| Q1 24 | $7.5B | $946.5M |
总资产EAGVA
| Q4 25 | $13.3B | $4.0B | ||
| Q3 25 | $11.9B | $4.1B | ||
| Q2 25 | $11.7B | $3.1B | ||
| Q1 25 | $12.4B | $2.9B | ||
| Q4 24 | $13.5B | $3.0B | ||
| Q3 24 | $13.1B | $3.1B | ||
| Q2 24 | $12.7B | $2.9B | ||
| Q1 24 | $13.4B | $2.6B |
负债/权益比EAGVA
| Q4 25 | — | 1.14× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.58× |
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 | $1.8B | $179.3M |
| 自由现金流经营现金流 - 资本支出 | — | $128.8M |
| 自由现金流率自由现金流/营收 | — | 11.0% |
| 资本支出强度资本支出/营收 | — | 4.3% |
| 现金转化率经营现金流/净利润 | 20.75× | 3.45× |
| 过去12个月自由现金流最近4个季度 | — | $330.6M |
8季度趋势，按日历期对齐
经营现金流EAGVA
| Q4 25 | $1.8B | $179.3M | ||
| Q3 25 | $130.0M | $284.2M | ||
| Q2 25 | $17.0M | $1.8M | ||
| Q1 25 | $549.0M | $3.6M | ||
| Q4 24 | $1.2B | $172.8M | ||
| Q3 24 | $234.0M | $261.5M | ||
| Q2 24 | $120.0M | $-2.0M | ||
| Q1 24 | $580.0M | $24.1M |
自由现金流EAGVA
| Q4 25 | — | $128.8M | ||
| Q3 25 | — | $257.5M | ||
| Q2 25 | — | $-27.0M | ||
| Q1 25 | — | $-28.6M | ||
| Q4 24 | — | $144.6M | ||
| Q3 24 | — | $220.2M | ||
| Q2 24 | — | $-41.0M | ||
| Q1 24 | — | $-3.8M |
自由现金流率EAGVA
| Q4 25 | — | 11.0% | ||
| Q3 25 | — | 18.0% | ||
| Q2 25 | — | -2.4% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | 14.8% | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | — | -3.8% | ||
| Q1 24 | — | -0.6% |
资本支出强度EAGVA
| Q4 25 | — | 4.3% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 4.1% |
现金转化率EAGVA
| Q4 25 | 20.75× | 3.45× | ||
| Q3 25 | 0.95× | 2.76× | ||
| Q2 25 | 0.08× | 0.02× | ||
| Q1 25 | 2.16× | — | ||
| Q4 24 | 4.01× | 4.17× | ||
| Q3 24 | 0.80× | 3.31× | ||
| Q2 24 | 0.43× | -0.05× | ||
| Q1 24 | 3.19× | — |
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
EA
| Live Services And Other Net Revenue | $1.3B | 67% |
| PC And Other Net Revenue | $465.0M | 24% |
| Packaged Goods Net Revenue | $86.0M | 5% |
| Other | $56.0M | 3% |
| Estimated Service Offering Period | $25.0M | 1% |
GVA
| Public | $680.2M | 58% |
| Private | $260.1M | 22% |
| Asphalt | $116.9M | 10% |
| Aggregates | $107.9M | 9% |
| Collaborative Arrangement | $7.0M | 1% |
| Performance Obligations | $3.5M | 0% |
