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COMFORT SYSTEMS USA INC（FIX）与宜瑞安（INGR）财务数据对比。点击上方公司名可切换其他公司
COMFORT SYSTEMS USA INC的季度营收约是宜瑞安的1.5倍（$2.6B vs $1.8B），COMFORT SYSTEMS USA INC净利率更高（12.5% vs 9.5%，领先3.0%），COMFORT SYSTEMS USA INC同比增速更快（41.7% vs -2.4%），COMFORT SYSTEMS USA INC自由现金流更多（$402.4M vs $270.0M），过去两年COMFORT SYSTEMS USA INC的营收复合增速更高（31.2% vs -3.4%）
Comfort Systems USA Inc.是一家美国企业，主营机电工程承包服务，核心业务覆盖暖通空调、给排水、管道工程、控制系统、场外预制建造、监测服务、消防系统，以及电气系统的安装与运维，为各类客户提供一体化机电设施解决方案。
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
FIX vs INGR — 直观对比
营收规模更大
FIX
是对方的1.5倍
$1.8B
营收增速更快
FIX
高出44.1%
-2.4%
净利率更高
FIX
高出3.0%
9.5%
自由现金流更多
FIX
多$132.4M
$270.0M
两年增速更快
FIX
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.8B |
| 净利润 | $330.8M | $167.0M |
| 毛利率 | 25.5% | 24.5% |
| 营业利润率 | 16.1% | 12.5% |
| 净利率 | 12.5% | 9.5% |
| 营收同比 | 41.7% | -2.4% |
| 净利润同比 | 126.8% | 72.2% |
| 每股收益（稀释后） | $9.35 | $2.58 |
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FIXINGR
| Q4 25 | $2.6B | $1.8B | ||
| Q3 25 | $2.5B | $1.8B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $1.8B | $1.8B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.8B | $1.9B | ||
| Q1 24 | $1.5B | $1.9B |
净利润FIXINGR
| Q4 25 | $330.8M | $167.0M | ||
| Q3 25 | $291.6M | $171.0M | ||
| Q2 25 | $230.8M | $196.0M | ||
| Q1 25 | $169.3M | $197.0M | ||
| Q4 24 | $145.9M | $97.0M | ||
| Q3 24 | $146.2M | $188.0M | ||
| Q2 24 | $134.0M | $148.0M | ||
| Q1 24 | $96.3M | $216.0M |
毛利率FIXINGR
| Q4 25 | 25.5% | 24.5% | ||
| Q3 25 | 24.8% | 25.1% | ||
| Q2 25 | 23.5% | 26.0% | ||
| Q1 25 | 22.0% | 25.7% | ||
| Q4 24 | 23.2% | 24.9% | ||
| Q3 24 | 21.1% | 25.6% | ||
| Q2 24 | 20.1% | 23.7% | ||
| Q1 24 | 19.3% | 22.2% |
营业利润率FIXINGR
| Q4 25 | 16.1% | 12.5% | ||
| Q3 25 | 15.5% | 13.7% | ||
| Q2 25 | 13.8% | 14.8% | ||
| Q1 25 | 11.4% | 15.2% | ||
| Q4 24 | 12.1% | 9.0% | ||
| Q3 24 | 11.2% | 14.3% | ||
| Q2 24 | 10.2% | 12.8% | ||
| Q1 24 | 8.8% | 11.3% |
净利率FIXINGR
| Q4 25 | 12.5% | 9.5% | ||
| Q3 25 | 11.9% | 9.4% | ||
| Q2 25 | 10.6% | 10.7% | ||
| Q1 25 | 9.2% | 10.9% | ||
| Q4 24 | 7.8% | 5.4% | ||
| Q3 24 | 8.1% | 10.1% | ||
| Q2 24 | 7.4% | 7.9% | ||
| Q1 24 | 6.3% | 11.5% |
每股收益（稀释后）FIXINGR
| Q4 25 | $9.35 | $2.58 | ||
| Q3 25 | $8.25 | $2.61 | ||
| Q2 25 | $6.53 | $2.99 | ||
| Q1 25 | $4.75 | $3.00 | ||
| Q4 24 | $4.08 | $1.43 | ||
| Q3 24 | $4.09 | $2.83 | ||
| Q2 24 | $3.74 | $2.22 | ||
| Q1 24 | $2.69 | $3.23 |
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 | $981.9M | $1.0B |
| 总债务越低越好 | $145.2M | — |
| 股东权益账面价值 | $2.4B | $4.3B |
| 总资产 | $6.4B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.06× | — |
8季度趋势，按日历期对齐
现金及短期投资FIXINGR
| Q4 25 | $981.9M | $1.0B | ||
| Q3 25 | $860.5M | $915.0M | ||
| Q2 25 | $331.7M | $861.0M | ||
| Q1 25 | $204.8M | $837.0M | ||
| Q4 24 | $549.9M | $997.0M | ||
| Q3 24 | $415.6M | $877.0M | ||
| Q2 24 | $199.4M | $505.0M | ||
| Q1 24 | $100.8M | $438.0M |
总债务FIXINGR
| Q4 25 | $145.2M | — | ||
| Q3 25 | $136.0M | — | ||
| Q2 25 | $73.0M | — | ||
| Q1 25 | $67.8M | — | ||
| Q4 24 | $68.3M | — | ||
| Q3 24 | $62.3M | — | ||
| Q2 24 | $73.4M | — | ||
| Q1 24 | $77.0M | — |
股东权益FIXINGR
| Q4 25 | $2.4B | $4.3B | ||
| Q3 25 | $2.2B | $4.2B | ||
| Q2 25 | $2.0B | $4.2B | ||
| Q1 25 | $1.8B | $4.0B | ||
| Q4 24 | $1.7B | $3.8B | ||
| Q3 24 | $1.6B | $4.0B | ||
| Q2 24 | $1.5B | $3.7B | ||
| Q1 24 | $1.4B | $3.7B |
总资产FIXINGR
| Q4 25 | $6.4B | $7.9B | ||
| Q3 25 | $5.8B | $7.8B | ||
| Q2 25 | $5.1B | $7.8B | ||
| Q1 25 | $4.6B | $7.5B | ||
| Q4 24 | $4.7B | $7.4B | ||
| Q3 24 | $4.4B | $7.5B | ||
| Q2 24 | $4.2B | $7.2B | ||
| Q1 24 | $3.9B | $7.3B |
负债/权益比FIXINGR
| Q4 25 | 0.06× | — | ||
| Q3 25 | 0.06× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | 0.04× | — | ||
| Q2 24 | 0.05× | — | ||
| Q1 24 | 0.06× | — |
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 | $468.5M | $405.0M |
| 自由现金流经营现金流 - 资本支出 | $402.4M | $270.0M |
| 自由现金流率自由现金流/营收 | 15.2% | 15.4% |
| 资本支出强度资本支出/营收 | 2.5% | 7.7% |
| 现金转化率经营现金流/净利润 | 1.42× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $511.0M |
8季度趋势，按日历期对齐
经营现金流FIXINGR
| Q4 25 | $468.5M | $405.0M | ||
| Q3 25 | $553.3M | $277.0M | ||
| Q2 25 | $252.5M | $185.0M | ||
| Q1 25 | $-88.0M | $77.0M | ||
| Q4 24 | $210.5M | $436.0M | ||
| Q3 24 | $302.2M | $479.0M | ||
| Q2 24 | $189.9M | $312.0M | ||
| Q1 24 | $146.6M | $209.0M |
自由现金流FIXINGR
| Q4 25 | $402.4M | $270.0M | ||
| Q3 25 | $517.9M | $172.0M | ||
| Q2 25 | $221.2M | $84.0M | ||
| Q1 25 | $-110.2M | $-15.0M | ||
| Q4 24 | $169.8M | $311.0M | ||
| Q3 24 | $280.1M | $429.0M | ||
| Q2 24 | $166.5M | $257.0M | ||
| Q1 24 | $121.6M | $144.0M |
自由现金流率FIXINGR
| Q4 25 | 15.2% | 15.4% | ||
| Q3 25 | 21.1% | 9.5% | ||
| Q2 25 | 10.2% | 4.6% | ||
| Q1 25 | -6.0% | -0.8% | ||
| Q4 24 | 9.1% | 17.3% | ||
| Q3 24 | 15.5% | 22.9% | ||
| Q2 24 | 9.2% | 13.7% | ||
| Q1 24 | 7.9% | 7.7% |
资本支出强度FIXINGR
| Q4 25 | 2.5% | 7.7% | ||
| Q3 25 | 1.4% | 5.8% | ||
| Q2 25 | 1.4% | 5.5% | ||
| Q1 25 | 1.2% | 5.1% | ||
| Q4 24 | 2.2% | 6.9% | ||
| Q3 24 | 1.2% | 2.7% | ||
| Q2 24 | 1.3% | 2.9% | ||
| Q1 24 | 1.6% | 3.5% |
现金转化率FIXINGR
| Q4 25 | 1.42× | 2.43× | ||
| Q3 25 | 1.90× | 1.62× | ||
| Q2 25 | 1.09× | 0.94× | ||
| Q1 25 | -0.52× | 0.39× | ||
| Q4 24 | 1.44× | 4.49× | ||
| Q3 24 | 2.07× | 2.55× | ||
| Q2 24 | 1.42× | 2.11× | ||
| Q1 24 | 1.52× | 0.97× |
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
FIX
| Electrical Segment | $823.7M | 31% |
| Manufacturing Customer | $542.7M | 21% |
| Existing Building Construction | $491.4M | 19% |
| Healthcare Sector Customer | $220.8M | 8% |
| Service Projects | $153.0M | 6% |
| Education | $137.5M | 5% |
| Government Customer | $131.0M | 5% |
| Office Building Customer | $88.2M | 3% |
| Other Customer | $40.7M | 2% |
| Multi Family And Residential | $33.7M | 1% |
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
