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EMCOR Group, Inc.（EME）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是EMCOR Group, Inc.的1.7倍（$7.7B vs $4.6B），EMCOR Group, Inc.净利率更高（6.6% vs 0.8%，领先5.8%），EMCOR Group, Inc.同比增速更快（19.7% vs 0.7%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs 12.3%）
EMCOR Group Inc.是总部位于美国康涅狄格州诺沃克的综合服务企业，核心业务涵盖工程设计、建筑施工、不动产管理三大板块，可为各行业客户提供相关领域的专业定制化解决方案及全流程配套服务。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
EME vs SW — 直观对比
营收规模更大
SW
是对方的1.7倍
$4.6B
营收增速更快
EME
高出18.9%
0.7%
净利率更高
EME
高出5.8%
0.8%
两年增速更快
SW
近两年复合增速
12.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.6B | $7.7B |
| 净利润 | $305.5M | $63.0M |
| 毛利率 | 18.7% | 16.4% |
| 营业利润率 | 8.7% | 3.3% |
| 净利率 | 6.6% | 0.8% |
| 营收同比 | 19.7% | 0.7% |
| 净利润同比 | 26.9% | — |
| 每股收益（稀释后） | $6.84 | $0.12 |
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EMESW
| Q1 26 | $4.6B | $7.7B | ||
| Q4 25 | $4.5B | $7.6B | ||
| Q3 25 | $4.3B | $8.0B | ||
| Q2 25 | $4.3B | $7.9B | ||
| Q1 25 | $3.9B | $7.7B | ||
| Q4 24 | $3.8B | $7.5B | ||
| Q3 24 | $3.7B | $7.7B | ||
| Q2 24 | $3.7B | $3.0B |
净利润EMESW
| Q1 26 | $305.5M | $63.0M | ||
| Q4 25 | $434.6M | $97.0M | ||
| Q3 25 | $295.4M | $246.0M | ||
| Q2 25 | $302.2M | $-28.0M | ||
| Q1 25 | $240.7M | $384.0M | ||
| Q4 24 | $292.2M | $146.0M | ||
| Q3 24 | $270.3M | $-150.0M | ||
| Q2 24 | $247.6M | $132.0M |
毛利率EMESW
| Q1 26 | 18.7% | 16.4% | ||
| Q4 25 | 19.7% | 18.2% | ||
| Q3 25 | 19.4% | 19.6% | ||
| Q2 25 | 19.4% | 19.1% | ||
| Q1 25 | 18.7% | 20.6% | ||
| Q4 24 | 20.1% | 19.1% | ||
| Q3 24 | 19.9% | 17.6% | ||
| Q2 24 | 18.7% | 23.3% |
营业利润率EMESW
| Q1 26 | 8.7% | 3.3% | ||
| Q4 25 | 12.7% | 5.1% | ||
| Q3 25 | 9.4% | 6.6% | ||
| Q2 25 | 9.6% | 3.2% | ||
| Q1 25 | 8.2% | 7.2% | ||
| Q4 24 | 10.3% | 5.3% | ||
| Q3 24 | 9.8% | 0.7% | ||
| Q2 24 | 9.1% | 8.2% |
净利率EMESW
| Q1 26 | 6.6% | 0.8% | ||
| Q4 25 | 9.6% | 1.3% | ||
| Q3 25 | 6.9% | 3.1% | ||
| Q2 25 | 7.0% | -0.4% | ||
| Q1 25 | 6.2% | 5.0% | ||
| Q4 24 | 7.7% | 1.9% | ||
| Q3 24 | 7.3% | -2.0% | ||
| Q2 24 | 6.8% | 4.4% |
每股收益（稀释后）EMESW
| Q1 26 | $6.84 | $0.12 | ||
| Q4 25 | $9.64 | $0.18 | ||
| Q3 25 | $6.57 | $0.47 | ||
| Q2 25 | $6.72 | $-0.05 | ||
| Q1 25 | $5.26 | $0.73 | ||
| Q4 24 | $6.30 | $-0.12 | ||
| Q3 24 | $5.80 | $-0.30 | ||
| Q2 24 | $5.25 | $0.51 |
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 | $916.4M | — |
| 总债务越低越好 | — | $980.0M |
| 股东权益账面价值 | $3.9B | $18.1B |
| 总资产 | $9.5B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资EMESW
| Q1 26 | $916.4M | — | ||
| Q4 25 | $1.1B | $892.0M | ||
| Q3 25 | $655.1M | $851.0M | ||
| Q2 25 | $486.0M | $778.0M | ||
| Q1 25 | $576.7M | $797.0M | ||
| Q4 24 | $1.3B | $855.0M | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $807.3M | $26.8K |
总债务EMESW
| Q1 26 | — | $980.0M | ||
| Q4 25 | — | $13.4B | ||
| Q3 25 | — | $13.3B | ||
| Q2 25 | — | $13.3B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | — |
股东权益EMESW
| Q1 26 | $3.9B | $18.1B | ||
| Q4 25 | $3.7B | $18.3B | ||
| Q3 25 | $3.3B | $18.4B | ||
| Q2 25 | $3.1B | $18.3B | ||
| Q1 25 | $2.9B | $17.9B | ||
| Q4 24 | $2.9B | $17.4B | ||
| Q3 24 | $2.8B | $18.0B | ||
| Q2 24 | $2.7B | $14.5K |
总资产EMESW
| Q1 26 | $9.5B | $45.2B | ||
| Q4 25 | $9.3B | $45.2B | ||
| Q3 25 | $8.6B | $45.6B | ||
| Q2 25 | $8.4B | $45.7B | ||
| Q1 25 | $8.1B | $44.6B | ||
| Q4 24 | $7.7B | $43.8B | ||
| Q3 24 | $7.3B | $45.0B | ||
| Q2 24 | $7.1B | $26.8K |
负债/权益比EMESW
| Q1 26 | — | 0.05× | ||
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | — |
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 | $558.0K | $204.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.00× | 3.24× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流EMESW
| Q1 26 | $558.0K | $204.0M | ||
| Q4 25 | $524.4M | $1.2B | ||
| Q3 25 | $475.5M | $1.1B | ||
| Q2 25 | $193.7M | $829.0M | ||
| Q1 25 | $108.5M | $235.0M | ||
| Q4 24 | $469.5M | $781.0M | ||
| Q3 24 | $526.4M | $320.0M | ||
| Q2 24 | $279.7M | $340.0M |
自由现金流EMESW
| Q1 26 | — | — | ||
| Q4 25 | $492.5M | $612.0M | ||
| Q3 25 | $448.8M | $523.0M | ||
| Q2 25 | $165.6M | $307.0M | ||
| Q1 25 | $82.3M | $-242.0M | ||
| Q4 24 | $451.8M | $212.0M | ||
| Q3 24 | $508.7M | $-192.0M | ||
| Q2 24 | $260.4M | $163.0M |
自由现金流率EMESW
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 8.1% | ||
| Q3 25 | 10.4% | 6.5% | ||
| Q2 25 | 3.8% | 3.9% | ||
| Q1 25 | 2.1% | -3.2% | ||
| Q4 24 | 12.0% | 2.8% | ||
| Q3 24 | 13.8% | -2.5% | ||
| Q2 24 | 7.1% | 5.5% |
资本支出强度EMESW
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | 7.7% | ||
| Q3 25 | 0.6% | 7.6% | ||
| Q2 25 | 0.7% | 6.6% | ||
| Q1 25 | 0.7% | 6.2% | ||
| Q4 24 | 0.5% | 7.5% | ||
| Q3 24 | 0.5% | 6.7% | ||
| Q2 24 | 0.5% | 6.0% |
现金转化率EMESW
| Q1 26 | 0.00× | 3.24× | ||
| Q4 25 | 1.21× | 12.32× | ||
| Q3 25 | 1.61× | 4.61× | ||
| Q2 25 | 0.64× | — | ||
| Q1 25 | 0.45× | 0.61× | ||
| Q4 24 | 1.61× | 5.35× | ||
| Q3 24 | 1.95× | — | ||
| Q2 24 | 1.13× | 2.58× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
