vs
EAGLE MATERIALS INC（EXP）与摩丁制造（MOD）财务数据对比。点击上方公司名可切换其他公司
摩丁制造的季度营收约是EAGLE MATERIALS INC的1.4倍（$805.0M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs -5.9%，领先24.4%），摩丁制造同比增速更快（30.5% vs -0.4%），EAGLE MATERIALS INC自由现金流更多（$60.8M vs $-17.1M），过去两年摩丁制造的营收复合增速更高（15.5% vs 8.0%）
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。
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
EXP vs MOD — 直观对比
营收规模更大
MOD
是对方的1.4倍
$556.0M
营收增速更快
MOD
高出30.9%
-0.4%
净利率更高
EXP
高出24.4%
-5.9%
自由现金流更多
EXP
多$77.9M
$-17.1M
两年增速更快
MOD
近两年复合增速
8.0%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $805.0M |
| 净利润 | $102.9M | $-47.4M |
| 毛利率 | 28.9% | 23.1% |
| 营业利润率 | — | 11.1% |
| 净利率 | 18.5% | -5.9% |
| 营收同比 | -0.4% | 30.5% |
| 净利润同比 | -13.9% | -215.6% |
| 每股收益（稀释后） | $3.22 | $-0.90 |
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EXPMOD
| Q4 25 | $556.0M | $805.0M | ||
| Q3 25 | $638.9M | $738.9M | ||
| Q2 25 | $634.7M | $682.8M | ||
| Q1 25 | $470.2M | $647.2M | ||
| Q4 24 | $558.0M | $616.8M | ||
| Q3 24 | $623.6M | $658.0M | ||
| Q2 24 | $608.7M | $661.5M | ||
| Q1 24 | $476.7M | $603.5M |
净利润EXPMOD
| Q4 25 | $102.9M | $-47.4M | ||
| Q3 25 | $137.4M | $44.4M | ||
| Q2 25 | $123.4M | $51.2M | ||
| Q1 25 | $66.5M | $49.6M | ||
| Q4 24 | $119.6M | $41.0M | ||
| Q3 24 | $143.5M | $46.1M | ||
| Q2 24 | $133.8M | $47.3M | ||
| Q1 24 | $77.1M | $25.8M |
毛利率EXPMOD
| Q4 25 | 28.9% | 23.1% | ||
| Q3 25 | 31.3% | 22.3% | ||
| Q2 25 | 29.2% | 24.2% | ||
| Q1 25 | 22.2% | 25.6% | ||
| Q4 24 | 31.9% | 24.3% | ||
| Q3 24 | 32.7% | 25.2% | ||
| Q2 24 | 30.7% | 24.6% | ||
| Q1 24 | 25.1% | 22.4% |
营业利润率EXPMOD
| Q4 25 | — | 11.1% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | 11.5% | ||
| Q4 24 | 32.8% | 9.6% | ||
| Q3 24 | 34.2% | 11.4% | ||
| Q2 24 | 32.0% | 11.2% | ||
| Q1 24 | 26.9% | 7.8% |
净利率EXPMOD
| Q4 25 | 18.5% | -5.9% | ||
| Q3 25 | 21.5% | 6.0% | ||
| Q2 25 | 19.4% | 7.5% | ||
| Q1 25 | 14.1% | 7.7% | ||
| Q4 24 | 21.4% | 6.6% | ||
| Q3 24 | 23.0% | 7.0% | ||
| Q2 24 | 22.0% | 7.2% | ||
| Q1 24 | 16.2% | 4.3% |
每股收益（稀释后）EXPMOD
| Q4 25 | $3.22 | $-0.90 | ||
| Q3 25 | $4.23 | $0.83 | ||
| Q2 25 | $3.76 | $0.95 | ||
| Q1 25 | $2.01 | $0.92 | ||
| Q4 24 | $3.56 | $0.76 | ||
| Q3 24 | $4.26 | $0.86 | ||
| Q2 24 | $3.94 | $0.88 | ||
| Q1 24 | $2.23 | $0.48 |
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 | $98.7M |
| 总债务越低越好 | — | $570.7M |
| 股东权益账面价值 | $1.5B | $1.1B |
| 总资产 | $3.8B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资EXPMOD
| Q4 25 | $419.0M | $98.7M | ||
| Q3 25 | $35.0M | $83.8M | ||
| Q2 25 | $59.7M | $124.5M | ||
| Q1 25 | $20.4M | $71.6M | ||
| Q4 24 | $31.2M | $83.8M | ||
| Q3 24 | $93.9M | $78.6M | ||
| Q2 24 | $46.5M | $72.9M | ||
| Q1 24 | $34.9M | $60.1M |
总债务EXPMOD
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $525.8M | ||
| Q2 25 | — | $482.1M | ||
| Q1 25 | $1.2B | $296.7M | ||
| Q4 24 | — | $330.0M | ||
| Q3 24 | — | $359.1M | ||
| Q2 24 | — | $405.7M | ||
| Q1 24 | $1.1B | $399.9M |
股东权益EXPMOD
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.5B | $1.0B | ||
| Q1 25 | $1.5B | $910.2M | ||
| Q4 24 | $1.5B | $855.1M | ||
| Q3 24 | $1.4B | $858.8M | ||
| Q2 24 | $1.4B | $788.4M | ||
| Q1 24 | $1.3B | $747.6M |
总资产EXPMOD
| Q4 25 | $3.8B | $2.5B | ||
| Q3 25 | $3.4B | $2.4B | ||
| Q2 25 | $3.4B | $2.2B | ||
| Q1 25 | $3.3B | $1.9B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $3.1B | $1.9B | ||
| Q2 24 | $3.0B | $1.9B | ||
| Q1 24 | $2.9B | $1.9B |
负债/权益比EXPMOD
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | 0.86× | 0.33× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | 0.84× | 0.53× |
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 | $24.7M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $-17.1M |
| 自由现金流率自由现金流/营收 | 10.9% | -2.1% |
| 资本支出强度资本支出/营收 | 19.8% | 5.2% |
| 现金转化率经营现金流/净利润 | 1.66× | — |
| 过去12个月自由现金流最近4个季度 | $231.8M | $-20.3M |
8季度趋势，按日历期对齐
经营现金流EXPMOD
| Q4 25 | $170.8M | $24.7M | ||
| Q3 25 | $204.6M | $1.4M | ||
| Q2 25 | $136.6M | $27.7M | ||
| Q1 25 | $62.8M | $54.8M | ||
| Q4 24 | $119.9M | $60.7M | ||
| Q3 24 | $233.3M | $57.3M | ||
| Q2 24 | $132.6M | $40.5M | ||
| Q1 24 | $63.4M | $39.6M |
自由现金流EXPMOD
| Q4 25 | $60.8M | $-17.1M | ||
| Q3 25 | $96.1M | $-30.5M | ||
| Q2 25 | $60.5M | $200.0K | ||
| Q1 25 | $14.5M | $27.1M | ||
| Q4 24 | $72.5M | $44.7M | ||
| Q3 24 | $166.8M | $43.8M | ||
| Q2 24 | $99.5M | $13.7M | ||
| Q1 24 | $30.9M | $-4.3M |
自由现金流率EXPMOD
| Q4 25 | 10.9% | -2.1% | ||
| Q3 25 | 15.0% | -4.1% | ||
| Q2 25 | 9.5% | 0.0% | ||
| Q1 25 | 3.1% | 4.2% | ||
| Q4 24 | 13.0% | 7.2% | ||
| Q3 24 | 26.7% | 6.7% | ||
| Q2 24 | 16.3% | 2.1% | ||
| Q1 24 | 6.5% | -0.7% |
资本支出强度EXPMOD
| Q4 25 | 19.8% | 5.2% | ||
| Q3 25 | 17.0% | 4.3% | ||
| Q2 25 | 12.0% | 4.0% | ||
| Q1 25 | 10.3% | 4.3% | ||
| Q4 24 | 8.5% | 2.6% | ||
| Q3 24 | 10.7% | 2.1% | ||
| Q2 24 | 5.4% | 4.1% | ||
| Q1 24 | 6.8% | 7.3% |
现金转化率EXPMOD
| Q4 25 | 1.66× | — | ||
| Q3 25 | 1.49× | 0.03× | ||
| Q2 25 | 1.11× | 0.54× | ||
| Q1 25 | 0.94× | 1.10× | ||
| Q4 24 | 1.00× | 1.48× | ||
| Q3 24 | 1.63× | 1.24× | ||
| Q2 24 | 0.99× | 0.86× | ||
| Q1 24 | 0.82× | 1.53× |
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% |
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
