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EAGLE MATERIALS INC（EXP）与Loews Corporation（L）财务数据对比。点击上方公司名可切换其他公司
Loews Corporation的季度营收约是EAGLE MATERIALS INC的1.5倍（$827.0M vs $556.0M），Loews Corporation净利率更高（48.6% vs 18.5%，领先30.1%），Loews Corporation同比增速更快（4.8% vs -0.4%），Loews Corporation自由现金流更多（$426.0M vs $60.8M），过去两年EAGLE MATERIALS INC的营收复合增速更高（8.0% vs 7.9%）
Eagle Materials Inc.是总部位于美国得克萨斯州达拉斯的建筑材料生产企业，主营产品包括水泥、混凝土、建筑骨料、石膏、墙板、纸板以及水力压裂作业专用砂，产品广泛应用于建筑施工、能源开发等多个领域。
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
EXP vs L — 直观对比
营收规模更大
L
是对方的1.5倍
$556.0M
营收增速更快
L
高出5.2%
-0.4%
净利率更高
L
高出30.1%
18.5%
自由现金流更多
L
多$365.2M
$60.8M
两年增速更快
EXP
近两年复合增速
7.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $827.0M |
| 净利润 | $102.9M | $402.0M |
| 毛利率 | 28.9% | — |
| 营业利润率 | — | 65.4% |
| 净利率 | 18.5% | 48.6% |
| 营收同比 | -0.4% | 4.8% |
| 净利润同比 | -13.9% | 115.0% |
| 每股收益（稀释后） | $3.22 | $1.93 |
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EXPL
| Q4 25 | $556.0M | $827.0M | ||
| Q3 25 | $638.9M | $732.0M | ||
| Q2 25 | $634.7M | $769.0M | ||
| Q1 25 | $470.2M | $846.0M | ||
| Q4 24 | $558.0M | $789.0M | ||
| Q3 24 | $623.6M | $683.0M | ||
| Q2 24 | $608.7M | $711.0M | ||
| Q1 24 | $476.7M | $710.0M |
净利润EXPL
| Q4 25 | $102.9M | $402.0M | ||
| Q3 25 | $137.4M | $504.0M | ||
| Q2 25 | $123.4M | $391.0M | ||
| Q1 25 | $66.5M | $370.0M | ||
| Q4 24 | $119.6M | $187.0M | ||
| Q3 24 | $143.5M | $401.0M | ||
| Q2 24 | $133.8M | $369.0M | ||
| Q1 24 | $77.1M | $457.0M |
毛利率EXPL
| Q4 25 | 28.9% | — | ||
| Q3 25 | 31.3% | — | ||
| Q2 25 | 29.2% | — | ||
| Q1 25 | 22.2% | — | ||
| Q4 24 | 31.9% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 30.7% | — | ||
| Q1 24 | 25.1% | — |
营业利润率EXPL
| Q4 25 | — | 65.4% | ||
| Q3 25 | — | 94.1% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 60.8% | ||
| Q4 24 | 32.8% | 23.8% | ||
| Q3 24 | 34.2% | 80.5% | ||
| Q2 24 | 32.0% | 71.3% | ||
| Q1 24 | 26.9% | 88.6% |
净利率EXPL
| Q4 25 | 18.5% | 48.6% | ||
| Q3 25 | 21.5% | 68.9% | ||
| Q2 25 | 19.4% | 50.8% | ||
| Q1 25 | 14.1% | 43.7% | ||
| Q4 24 | 21.4% | 23.7% | ||
| Q3 24 | 23.0% | 58.7% | ||
| Q2 24 | 22.0% | 51.9% | ||
| Q1 24 | 16.2% | 64.4% |
每股收益（稀释后）EXPL
| Q4 25 | $3.22 | $1.93 | ||
| Q3 25 | $4.23 | $2.43 | ||
| Q2 25 | $3.76 | $1.87 | ||
| Q1 25 | $2.01 | $1.74 | ||
| Q4 24 | $3.56 | $0.87 | ||
| Q3 24 | $4.26 | $1.82 | ||
| Q2 24 | $3.94 | $1.67 | ||
| Q1 24 | $2.23 | $2.05 |
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 | $419.0M | $6.0B |
| 总债务越低越好 | — | $8.4B |
| 股东权益账面价值 | $1.5B | $18.7B |
| 总资产 | $3.8B | $86.3B |
| 负债/权益比越低杠杆越低 | — | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资EXPL
| Q4 25 | $419.0M | $6.0B | ||
| Q3 25 | $35.0M | $5.4B | ||
| Q2 25 | $59.7M | $4.5B | ||
| Q1 25 | $20.4M | $4.4B | ||
| Q4 24 | $31.2M | $4.6B | ||
| Q3 24 | $93.9M | $5.2B | ||
| Q2 24 | $46.5M | $4.9B | ||
| Q1 24 | $34.9M | $5.4B |
总债务EXPL
| Q4 25 | — | $8.4B | ||
| Q3 25 | — | $8.4B | ||
| Q2 25 | — | $7.9B | ||
| Q1 25 | $1.2B | $8.4B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $8.8B | ||
| Q2 24 | — | $8.6B | ||
| Q1 24 | $1.1B | $8.4B |
股东权益EXPL
| Q4 25 | $1.5B | $18.7B | ||
| Q3 25 | $1.5B | $18.3B | ||
| Q2 25 | $1.5B | $17.5B | ||
| Q1 25 | $1.5B | $17.2B | ||
| Q4 24 | $1.5B | $17.1B | ||
| Q3 24 | $1.4B | $17.4B | ||
| Q2 24 | $1.4B | $16.4B | ||
| Q1 24 | $1.3B | $16.2B |
总资产EXPL
| Q4 25 | $3.8B | $86.3B | ||
| Q3 25 | $3.4B | $85.9B | ||
| Q2 25 | $3.4B | $84.7B | ||
| Q1 25 | $3.3B | $83.1B | ||
| Q4 24 | $3.0B | $81.9B | ||
| Q3 24 | $3.1B | $83.6B | ||
| Q2 24 | $3.0B | $81.1B | ||
| Q1 24 | $2.9B | $80.9B |
负债/权益比EXPL
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.45× | ||
| Q1 25 | 0.86× | 0.49× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 0.51× | ||
| Q2 24 | — | 0.52× | ||
| Q1 24 | 0.84× | 0.52× |
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 | $170.8M | $617.0M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $426.0M |
| 自由现金流率自由现金流/营收 | 10.9% | 51.5% |
| 资本支出强度资本支出/营收 | 19.8% | 23.1% |
| 现金转化率经营现金流/净利润 | 1.66× | 1.53× |
| 过去12个月自由现金流最近4个季度 | $231.8M | $2.7B |
8季度趋势，按日历期对齐
经营现金流EXPL
| Q4 25 | $170.8M | $617.0M | ||
| Q3 25 | $204.6M | $920.0M | ||
| Q2 25 | $136.6M | $1.0B | ||
| Q1 25 | $62.8M | $736.0M | ||
| Q4 24 | $119.9M | $941.0M | ||
| Q3 24 | $233.3M | $934.0M | ||
| Q2 24 | $132.6M | $952.0M | ||
| Q1 24 | $63.4M | $198.0M |
自由现金流EXPL
| Q4 25 | $60.8M | $426.0M | ||
| Q3 25 | $96.1M | $764.0M | ||
| Q2 25 | $60.5M | $872.0M | ||
| Q1 25 | $14.5M | $638.0M | ||
| Q4 24 | $72.5M | $767.0M | ||
| Q3 24 | $166.8M | $794.0M | ||
| Q2 24 | $99.5M | $793.0M | ||
| Q1 24 | $30.9M | $39.0M |
自由现金流率EXPL
| Q4 25 | 10.9% | 51.5% | ||
| Q3 25 | 15.0% | 104.4% | ||
| Q2 25 | 9.5% | 113.4% | ||
| Q1 25 | 3.1% | 75.4% | ||
| Q4 24 | 13.0% | 97.2% | ||
| Q3 24 | 26.7% | 116.3% | ||
| Q2 24 | 16.3% | 111.5% | ||
| Q1 24 | 6.5% | 5.5% |
资本支出强度EXPL
| Q4 25 | 19.8% | 23.1% | ||
| Q3 25 | 17.0% | 21.3% | ||
| Q2 25 | 12.0% | 17.4% | ||
| Q1 25 | 10.3% | 11.6% | ||
| Q4 24 | 8.5% | 22.1% | ||
| Q3 24 | 10.7% | 20.5% | ||
| Q2 24 | 5.4% | 22.4% | ||
| Q1 24 | 6.8% | 22.4% |
现金转化率EXPL
| Q4 25 | 1.66× | 1.53× | ||
| Q3 25 | 1.49× | 1.83× | ||
| Q2 25 | 1.11× | 2.57× | ||
| Q1 25 | 0.94× | 1.99× | ||
| Q4 24 | 1.00× | 5.03× | ||
| Q3 24 | 1.63× | 2.33× | ||
| Q2 24 | 0.99× | 2.58× | ||
| Q1 24 | 0.82× | 0.43× |
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
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
