vs
EAGLE MATERIALS INC（EXP）与Waystar Holding Corp.（WAY）财务数据对比。点击上方公司名可切换其他公司
EAGLE MATERIALS INC的季度营收约是Waystar Holding Corp.的1.8倍（$556.0M vs $313.9M），EAGLE MATERIALS INC净利率更高（18.5% vs 13.8%，领先4.7%），Waystar Holding Corp.同比增速更快（22.4% vs -0.4%），Waystar Holding Corp.自由现金流更多（$90.3M vs $60.8M），过去两年Waystar Holding Corp.的营收复合增速更高（15.7% 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。
Waystar Holding Corp是一家领先的医疗健康支付与营收周期管理解决方案提供商，服务覆盖美国各地的医疗机构、医疗系统和支付方，旗下工具可简化账单处理、理赔申请、患者缴费流程，帮助医疗机构降低行政负担、优化营收表现。
EXP vs WAY — 直观对比
营收规模更大
EXP
是对方的1.8倍
$313.9M
营收增速更快
WAY
高出22.8%
-0.4%
净利率更高
EXP
高出4.7%
13.8%
自由现金流更多
WAY
多$29.5M
$60.8M
两年增速更快
WAY
近两年复合增速
8.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $313.9M |
| 净利润 | $102.9M | $43.3M |
| 毛利率 | 28.9% | — |
| 营业利润率 | — | 25.6% |
| 净利率 | 18.5% | 13.8% |
| 营收同比 | -0.4% | 22.4% |
| 净利润同比 | -13.9% | 47.9% |
| 每股收益（稀释后） | $3.22 | $0.42 |
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EXPWAY
| Q1 26 | — | $313.9M | ||
| Q4 25 | $556.0M | $303.5M | ||
| Q3 25 | $638.9M | $268.7M | ||
| Q2 25 | $634.7M | $270.7M | ||
| Q1 25 | $470.2M | $256.4M | ||
| Q4 24 | $558.0M | $244.1M | ||
| Q3 24 | $623.6M | $240.1M | ||
| Q2 24 | $608.7M | $234.5M |
净利润EXPWAY
| Q1 26 | — | $43.3M | ||
| Q4 25 | $102.9M | $20.0M | ||
| Q3 25 | $137.4M | $30.6M | ||
| Q2 25 | $123.4M | $32.2M | ||
| Q1 25 | $66.5M | $29.3M | ||
| Q4 24 | $119.6M | $19.1M | ||
| Q3 24 | $143.5M | $5.4M | ||
| Q2 24 | $133.8M | $-27.7M |
毛利率EXPWAY
| Q1 26 | — | — | ||
| 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% | — |
营业利润率EXPWAY
| Q1 26 | — | 25.6% | ||
| Q4 25 | — | 19.4% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 24.0% | ||
| Q1 25 | — | 25.4% | ||
| Q4 24 | 32.8% | 21.8% | ||
| Q3 24 | 34.2% | 11.3% | ||
| Q2 24 | 32.0% | 3.5% |
净利率EXPWAY
| Q1 26 | — | 13.8% | ||
| Q4 25 | 18.5% | 6.6% | ||
| Q3 25 | 21.5% | 11.4% | ||
| Q2 25 | 19.4% | 11.9% | ||
| Q1 25 | 14.1% | 11.4% | ||
| Q4 24 | 21.4% | 7.8% | ||
| Q3 24 | 23.0% | 2.3% | ||
| Q2 24 | 22.0% | -11.8% |
每股收益（稀释后）EXPWAY
| Q1 26 | — | $0.42 | ||
| Q4 25 | $3.22 | $0.10 | ||
| Q3 25 | $4.23 | $0.17 | ||
| Q2 25 | $3.76 | $0.18 | ||
| Q1 25 | $2.01 | $0.16 | ||
| Q4 24 | $3.56 | $0.18 | ||
| Q3 24 | $4.26 | $0.03 | ||
| Q2 24 | $3.94 | $-0.21 |
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 | $34.3M |
| 总债务越低越好 | — | $13.5M |
| 股东权益账面价值 | $1.5B | $3.9B |
| 总资产 | $3.8B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资EXPWAY
| Q1 26 | — | $34.3M | ||
| Q4 25 | $419.0M | $61.4M | ||
| Q3 25 | $35.0M | $421.1M | ||
| Q2 25 | $59.7M | $290.3M | ||
| Q1 25 | $20.4M | $224.0M | ||
| Q4 24 | $31.2M | $182.1M | ||
| Q3 24 | $93.9M | $127.1M | ||
| Q2 24 | $46.5M | $68.4M |
总债务EXPWAY
| Q1 26 | — | $13.5M | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益EXPWAY
| Q1 26 | — | $3.9B | ||
| Q4 25 | $1.5B | $3.9B | ||
| Q3 25 | $1.5B | $3.2B | ||
| Q2 25 | $1.5B | $3.2B | ||
| Q1 25 | $1.5B | $3.1B | ||
| Q4 24 | $1.5B | $3.1B | ||
| Q3 24 | $1.4B | $3.1B | ||
| Q2 24 | $1.4B | $2.9B |
总资产EXPWAY
| Q1 26 | — | $5.8B | ||
| Q4 25 | $3.8B | $5.8B | ||
| Q3 25 | $3.4B | $4.7B | ||
| Q2 25 | $3.4B | $4.7B | ||
| Q1 25 | $3.3B | $4.6B | ||
| Q4 24 | $3.0B | $4.6B | ||
| Q3 24 | $3.1B | $4.5B | ||
| Q2 24 | $3.0B | $4.6B |
负债/权益比EXPWAY
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.38× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | — | ||
| 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 | $170.8M | $84.9M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $90.3M |
| 自由现金流率自由现金流/营收 | 10.9% | 28.8% |
| 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× | 1.96× |
| 过去12个月自由现金流最近4个季度 | $231.8M | $314.6M |
8季度趋势，按日历期对齐
经营现金流EXPWAY
| Q1 26 | — | $84.9M | ||
| Q4 25 | $170.8M | $66.6M | ||
| Q3 25 | $204.6M | $82.0M | ||
| Q2 25 | $136.6M | $96.8M | ||
| Q1 25 | $62.8M | $64.2M | ||
| Q4 24 | $119.9M | — | ||
| Q3 24 | $233.3M | $78.8M | ||
| Q2 24 | $132.6M | $15.4M |
自由现金流EXPWAY
| Q1 26 | — | $90.3M | ||
| Q4 25 | $60.8M | $57.2M | ||
| Q3 25 | $96.1M | $76.2M | ||
| Q2 25 | $60.5M | $91.0M | ||
| Q1 25 | $14.5M | $58.8M | ||
| Q4 24 | $72.5M | — | ||
| Q3 24 | $166.8M | $70.2M | ||
| Q2 24 | $99.5M | $8.6M |
自由现金流率EXPWAY
| Q1 26 | — | 28.8% | ||
| Q4 25 | 10.9% | 18.9% | ||
| Q3 25 | 15.0% | 28.3% | ||
| Q2 25 | 9.5% | 33.6% | ||
| Q1 25 | 3.1% | 22.9% | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | 26.7% | 29.2% | ||
| Q2 24 | 16.3% | 3.7% |
资本支出强度EXPWAY
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | 3.1% | ||
| Q3 25 | 17.0% | 2.2% | ||
| Q2 25 | 12.0% | 2.1% | ||
| Q1 25 | 10.3% | 2.1% | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | 10.7% | 3.6% | ||
| Q2 24 | 5.4% | 2.9% |
现金转化率EXPWAY
| Q1 26 | — | 1.96× | ||
| Q4 25 | 1.66× | 3.33× | ||
| Q3 25 | 1.49× | 2.68× | ||
| Q2 25 | 1.11× | 3.01× | ||
| Q1 25 | 0.94× | 2.20× | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 1.63× | 14.56× | ||
| Q2 24 | 0.99× | — |
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% |
WAY
| Subscription | $172.2M | 55% |
| Volume-based | $139.5M | 44% |
