vs
EAGLE MATERIALS INC（EXP）与VinFast Auto Ltd.（VFS）财务数据对比。点击上方公司名可切换其他公司
VinFast Auto Ltd.的季度营收约是EAGLE MATERIALS INC的1.3倍（$718.6M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs -2.8%，领先21.3%）
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。
VinFast Auto Ltd.是越南跨国汽车企业，由越南最大私营综合企业集团之一Vingroup创立。Vingroup由越南知名企业家潘日旺创办，业务覆盖地产、零售、医疗、科技等多个领域，是越南本土头部企业集团。
EXP vs VFS — 直观对比
营收规模更大
VFS
是对方的1.3倍
$556.0M
净利率更高
EXP
高出21.3%
-2.8%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $718.6M |
| 净利润 | $102.9M | $-20.0M |
| 毛利率 | 28.9% | — |
| 营业利润率 | — | -96.1% |
| 净利率 | 18.5% | -2.8% |
| 营收同比 | -0.4% | — |
| 净利润同比 | -13.9% | — |
| 每股收益（稀释后） | $3.22 | — |
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EXPVFS
| Q4 25 | $556.0M | — | ||
| Q3 25 | $638.9M | $718.6M | ||
| Q2 25 | $634.7M | $663.0M | ||
| Q1 25 | $470.2M | $656.5M | ||
| Q4 24 | $558.0M | — | ||
| Q3 24 | $623.6M | $511.6M | ||
| Q2 24 | $608.7M | — | ||
| Q1 24 | $476.7M | $302.6M |
净利润EXPVFS
| Q4 25 | $102.9M | — | ||
| Q3 25 | $137.4M | $-20.0M | ||
| Q2 25 | $123.4M | $-51.8M | ||
| Q1 25 | $66.5M | $-26.1M | ||
| Q4 24 | $119.6M | — | ||
| Q3 24 | $143.5M | $-10.4M | ||
| Q2 24 | $133.8M | — | ||
| Q1 24 | $77.1M | $-618.3M |
毛利率EXPVFS
| 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EXPVFS
| Q4 25 | — | — | ||
| Q3 25 | — | -96.1% | ||
| Q2 25 | — | -79.0% | ||
| Q1 25 | — | -74.0% | ||
| Q4 24 | 32.8% | — | ||
| Q3 24 | 34.2% | -65.9% | ||
| Q2 24 | 32.0% | — | ||
| Q1 24 | 26.9% | -139.4% |
净利率EXPVFS
| Q4 25 | 18.5% | — | ||
| Q3 25 | 21.5% | -2.8% | ||
| Q2 25 | 19.4% | -7.8% | ||
| Q1 25 | 14.1% | -4.0% | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 23.0% | -2.0% | ||
| Q2 24 | 22.0% | — | ||
| Q1 24 | 16.2% | -204.3% |
每股收益（稀释后）EXPVFS
| Q4 25 | $3.22 | — | ||
| Q3 25 | $4.23 | — | ||
| Q2 25 | $3.76 | — | ||
| Q1 25 | $2.01 | — | ||
| Q4 24 | $3.56 | — | ||
| Q3 24 | $4.26 | — | ||
| Q2 24 | $3.94 | — | ||
| Q1 24 | $2.23 | — |
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 | $8.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | — |
| 总资产 | $3.8B | $183.2M |
| 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EXPVFS
| Q4 25 | $419.0M | — | ||
| Q3 25 | $35.0M | $8.8M | ||
| Q2 25 | $59.7M | $650.0M | ||
| Q1 25 | $20.4M | $2.4M | ||
| Q4 24 | $31.2M | — | ||
| Q3 24 | $93.9M | $1.9M | ||
| Q2 24 | $46.5M | — | ||
| Q1 24 | $34.9M | $3.0M |
总债务EXPVFS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.1B | — |
股东权益EXPVFS
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | $-7.2B | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.3B | — |
总资产EXPVFS
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.4B | $183.2M | ||
| Q2 25 | $3.4B | $7.2B | ||
| Q1 25 | $3.3B | $158.2M | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.1B | $151.8M | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $2.9B | $145.6M |
负债/权益比EXPVFS
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | $60.8M | — |
| 自由现金流率自由现金流/营收 | 10.9% | — |
| 资本支出强度资本支出/营收 | 19.8% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流EXPVFS
| Q4 25 | $170.8M | — | ||
| Q3 25 | $204.6M | — | ||
| Q2 25 | $136.6M | — | ||
| Q1 25 | $62.8M | — | ||
| Q4 24 | $119.9M | — | ||
| Q3 24 | $233.3M | — | ||
| Q2 24 | $132.6M | — | ||
| Q1 24 | $63.4M | — |
自由现金流EXPVFS
| Q4 25 | $60.8M | — | ||
| Q3 25 | $96.1M | — | ||
| Q2 25 | $60.5M | — | ||
| Q1 25 | $14.5M | — | ||
| Q4 24 | $72.5M | — | ||
| Q3 24 | $166.8M | — | ||
| Q2 24 | $99.5M | — | ||
| Q1 24 | $30.9M | — |
自由现金流率EXPVFS
| Q4 25 | 10.9% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | 26.7% | — | ||
| Q2 24 | 16.3% | — | ||
| Q1 24 | 6.5% | — |
资本支出强度EXPVFS
| Q4 25 | 19.8% | — | ||
| Q3 25 | 17.0% | — | ||
| Q2 25 | 12.0% | — | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | 6.8% | — |
现金转化率EXPVFS
| Q4 25 | 1.66× | — | ||
| Q3 25 | 1.49× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 0.94× | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 1.63× | — | ||
| Q2 24 | 0.99× | — | ||
| Q1 24 | 0.82× | — |
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% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
