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EAGLE MATERIALS INC（EXP）与STERLING INFRASTRUCTURE, INC.（STRL）财务数据对比。点击上方公司名可切换其他公司
STERLING INFRASTRUCTURE, INC.的季度营收约是EAGLE MATERIALS INC的1.4倍（$755.6M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs 11.6%，领先6.9%），STERLING INFRASTRUCTURE, INC.同比增速更快（51.5% vs -0.4%），STERLING INFRASTRUCTURE, INC.自由现金流更多（$159.7M vs $60.8M），过去两年STERLING INFRASTRUCTURE, INC.的营收复合增速更高（31.0% 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。
本公司是总部位于印度马哈拉施特拉邦孟买的跨国工程总承包（EPC）企业，业务覆盖可再生能源、数据中心、柴油发电、机电水暖（MEP）服务等多个领域，已在全球三十余个国家交付项目，执行团队遍布亚洲、中东、非洲、欧洲及澳大利亚。
EXP vs STRL — 直观对比
营收规模更大
STRL
是对方的1.4倍
$556.0M
营收增速更快
STRL
高出51.8%
-0.4%
净利率更高
EXP
高出6.9%
11.6%
自由现金流更多
STRL
多$98.9M
$60.8M
两年增速更快
STRL
近两年复合增速
8.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $755.6M |
| 净利润 | $102.9M | $87.6M |
| 毛利率 | 28.9% | 21.7% |
| 营业利润率 | — | 15.9% |
| 净利率 | 18.5% | 11.6% |
| 营收同比 | -0.4% | 51.5% |
| 净利润同比 | -13.9% | -22.6% |
| 每股收益（稀释后） | $3.22 | $2.82 |
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EXPSTRL
| Q4 25 | $556.0M | $755.6M | ||
| Q3 25 | $638.9M | $689.0M | ||
| Q2 25 | $634.7M | $614.5M | ||
| Q1 25 | $470.2M | $430.9M | ||
| Q4 24 | $558.0M | $498.8M | ||
| Q3 24 | $623.6M | $593.7M | ||
| Q2 24 | $608.7M | $582.8M | ||
| Q1 24 | $476.7M | $440.4M |
净利润EXPSTRL
| Q4 25 | $102.9M | $87.6M | ||
| Q3 25 | $137.4M | $92.1M | ||
| Q2 25 | $123.4M | $71.0M | ||
| Q1 25 | $66.5M | $39.5M | ||
| Q4 24 | $119.6M | $113.2M | ||
| Q3 24 | $143.5M | $61.3M | ||
| Q2 24 | $133.8M | $51.9M | ||
| Q1 24 | $77.1M | $31.0M |
毛利率EXPSTRL
| Q4 25 | 28.9% | 21.7% | ||
| Q3 25 | 31.3% | 24.7% | ||
| Q2 25 | 29.2% | 23.3% | ||
| Q1 25 | 22.2% | 22.0% | ||
| Q4 24 | 31.9% | 21.4% | ||
| Q3 24 | 32.7% | 21.9% | ||
| Q2 24 | 30.7% | 19.3% | ||
| Q1 24 | 25.1% | 17.5% |
营业利润率EXPSTRL
| Q4 25 | — | 15.9% | ||
| Q3 25 | — | 18.2% | ||
| Q2 25 | — | 17.0% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | 32.8% | 12.5% | ||
| Q3 24 | 34.2% | 14.7% | ||
| Q2 24 | 32.0% | 12.5% | ||
| Q1 24 | 26.9% | 9.6% |
净利率EXPSTRL
| Q4 25 | 18.5% | 11.6% | ||
| Q3 25 | 21.5% | 13.4% | ||
| Q2 25 | 19.4% | 11.6% | ||
| Q1 25 | 14.1% | 9.2% | ||
| Q4 24 | 21.4% | 22.7% | ||
| Q3 24 | 23.0% | 10.3% | ||
| Q2 24 | 22.0% | 8.9% | ||
| Q1 24 | 16.2% | 7.1% |
每股收益（稀释后）EXPSTRL
| Q4 25 | $3.22 | $2.82 | ||
| Q3 25 | $4.23 | $2.97 | ||
| Q2 25 | $3.76 | $2.31 | ||
| Q1 25 | $2.01 | $1.28 | ||
| Q4 24 | $3.56 | $3.63 | ||
| Q3 24 | $4.26 | $1.97 | ||
| Q2 24 | $3.94 | $1.67 | ||
| Q1 24 | $2.23 | $1.00 |
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 | $390.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $1.1B |
| 总资产 | $3.8B | $2.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资EXPSTRL
| Q4 25 | $419.0M | $390.7M | ||
| Q3 25 | $35.0M | $306.4M | ||
| Q2 25 | $59.7M | $699.4M | ||
| Q1 25 | $20.4M | $638.6M | ||
| Q4 24 | $31.2M | $664.2M | ||
| Q3 24 | $93.9M | $648.1M | ||
| Q2 24 | $46.5M | $540.0M | ||
| Q1 24 | $34.9M | $480.4M |
总债务EXPSTRL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.1B | — |
股东权益EXPSTRL
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.5B | $881.7M | ||
| Q1 25 | $1.5B | $805.4M | ||
| Q4 24 | $1.5B | $808.1M | ||
| Q3 24 | $1.4B | $716.5M | ||
| Q2 24 | $1.4B | $670.7M | ||
| Q1 24 | $1.3B | $644.6M |
总资产EXPSTRL
| Q4 25 | $3.8B | $2.6B | ||
| Q3 25 | $3.4B | $2.6B | ||
| Q2 25 | $3.4B | $2.2B | ||
| Q1 25 | $3.3B | $2.0B | ||
| Q4 24 | $3.0B | $2.0B | ||
| Q3 24 | $3.1B | $2.0B | ||
| Q2 24 | $3.0B | $2.0B | ||
| Q1 24 | $2.9B | $1.8B |
负债/权益比EXPSTRL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.84× | — |
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 | $186.1M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $159.7M |
| 自由现金流率自由现金流/营收 | 10.9% | 21.1% |
| 资本支出强度资本支出/营收 | 19.8% | 3.5% |
| 现金转化率经营现金流/净利润 | 1.66× | 2.12× |
| 过去12个月自由现金流最近4个季度 | $231.8M | $362.7M |
8季度趋势，按日历期对齐
经营现金流EXPSTRL
| Q4 25 | $170.8M | $186.1M | ||
| Q3 25 | $204.6M | $83.6M | ||
| Q2 25 | $136.6M | $85.4M | ||
| Q1 25 | $62.8M | $84.9M | ||
| Q4 24 | $119.9M | $174.3M | ||
| Q3 24 | $233.3M | $152.3M | ||
| Q2 24 | $132.6M | $121.0M | ||
| Q1 24 | $63.4M | $49.6M |
自由现金流EXPSTRL
| Q4 25 | $60.8M | $159.7M | ||
| Q3 25 | $96.1M | $64.0M | ||
| Q2 25 | $60.5M | $72.1M | ||
| Q1 25 | $14.5M | $67.0M | ||
| Q4 24 | $72.5M | $158.6M | ||
| Q3 24 | $166.8M | $138.3M | ||
| Q2 24 | $99.5M | $92.1M | ||
| Q1 24 | $30.9M | $27.2M |
自由现金流率EXPSTRL
| Q4 25 | 10.9% | 21.1% | ||
| Q3 25 | 15.0% | 9.3% | ||
| Q2 25 | 9.5% | 11.7% | ||
| Q1 25 | 3.1% | 15.5% | ||
| Q4 24 | 13.0% | 31.8% | ||
| Q3 24 | 26.7% | 23.3% | ||
| Q2 24 | 16.3% | 15.8% | ||
| Q1 24 | 6.5% | 6.2% |
资本支出强度EXPSTRL
| Q4 25 | 19.8% | 3.5% | ||
| Q3 25 | 17.0% | 2.9% | ||
| Q2 25 | 12.0% | 2.2% | ||
| Q1 25 | 10.3% | 4.2% | ||
| Q4 24 | 8.5% | 3.1% | ||
| Q3 24 | 10.7% | 2.4% | ||
| Q2 24 | 5.4% | 5.0% | ||
| Q1 24 | 6.8% | 5.1% |
现金转化率EXPSTRL
| Q4 25 | 1.66× | 2.12× | ||
| Q3 25 | 1.49× | 0.91× | ||
| Q2 25 | 1.11× | 1.20× | ||
| Q1 25 | 0.94× | 2.15× | ||
| Q4 24 | 1.00× | 1.54× | ||
| Q3 24 | 1.63× | 2.48× | ||
| Q2 24 | 0.99× | 2.33× | ||
| Q1 24 | 0.82× | 1.60× |
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% |
STRL
| Lump Sum | $464.9M | 62% |
| Heavy Highway | $99.6M | 13% |
| Residential Construction | $70.4M | 9% |
| Road And Highway Builders LLC | $52.4M | 7% |
| Other Revenue | $36.6M | 5% |
| Aviation | $16.6M | 2% |
| Commercial | $11.4M | 2% |
| Related Party | $600.0K | 0% |
