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COMFORT SYSTEMS USA INC（FIX）与ROKU, INC（ROKU）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ROKU, INC的1.9倍（$2.6B vs $1.4B），COMFORT SYSTEMS USA INC净利率更高（12.5% vs 5.8%，领先6.7%），COMFORT SYSTEMS USA INC同比增速更快（41.7% vs 16.1%），COMFORT SYSTEMS USA INC自由现金流更多（$402.4M vs $106.6M），过去两年COMFORT SYSTEMS USA INC的营收复合增速更高（31.2% vs 25.8%）
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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
FIX vs ROKU — 直观对比
营收规模更大
FIX
是对方的1.9倍
$1.4B
营收增速更快
FIX
高出25.5%
16.1%
净利率更高
FIX
高出6.7%
5.8%
自由现金流更多
FIX
多$295.9M
$106.6M
两年增速更快
FIX
近两年复合增速
25.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.4B |
| 净利润 | $330.8M | $80.5M |
| 毛利率 | 25.5% | 43.5% |
| 营业利润率 | 16.1% | 4.7% |
| 净利率 | 12.5% | 5.8% |
| 营收同比 | 41.7% | 16.1% |
| 净利润同比 | 126.8% | 326.4% |
| 每股收益（稀释后） | $9.35 | $0.55 |
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FIXROKU
| Q4 25 | $2.6B | $1.4B | ||
| Q3 25 | $2.5B | $1.2B | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $1.8B | $1.0B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | $1.8B | $968.2M | ||
| Q1 24 | $1.5B | $881.5M |
净利润FIXROKU
| Q4 25 | $330.8M | $80.5M | ||
| Q3 25 | $291.6M | $24.8M | ||
| Q2 25 | $230.8M | $10.5M | ||
| Q1 25 | $169.3M | $-27.4M | ||
| Q4 24 | $145.9M | $-35.5M | ||
| Q3 24 | $146.2M | $-9.0M | ||
| Q2 24 | $134.0M | $-34.0M | ||
| Q1 24 | $96.3M | $-50.9M |
毛利率FIXROKU
| Q4 25 | 25.5% | 43.5% | ||
| Q3 25 | 24.8% | 43.4% | ||
| Q2 25 | 23.5% | 44.8% | ||
| Q1 25 | 22.0% | 43.6% | ||
| Q4 24 | 23.2% | 42.7% | ||
| Q3 24 | 21.1% | 45.2% | ||
| Q2 24 | 20.1% | 43.9% | ||
| Q1 24 | 19.3% | 44.1% |
营业利润率FIXROKU
| Q4 25 | 16.1% | 4.7% | ||
| Q3 25 | 15.5% | 0.8% | ||
| Q2 25 | 13.8% | -2.1% | ||
| Q1 25 | 11.4% | -5.7% | ||
| Q4 24 | 12.1% | -3.3% | ||
| Q3 24 | 11.2% | -3.4% | ||
| Q2 24 | 10.2% | -7.4% | ||
| Q1 24 | 8.8% | -8.2% |
净利率FIXROKU
| Q4 25 | 12.5% | 5.8% | ||
| Q3 25 | 11.9% | 2.0% | ||
| Q2 25 | 10.6% | 0.9% | ||
| Q1 25 | 9.2% | -2.7% | ||
| Q4 24 | 7.8% | -3.0% | ||
| Q3 24 | 8.1% | -0.9% | ||
| Q2 24 | 7.4% | -3.5% | ||
| Q1 24 | 6.3% | -5.8% |
每股收益（稀释后）FIXROKU
| Q4 25 | $9.35 | $0.55 | ||
| Q3 25 | $8.25 | $0.16 | ||
| Q2 25 | $6.53 | $0.07 | ||
| Q1 25 | $4.75 | $-0.19 | ||
| Q4 24 | $4.08 | $-0.24 | ||
| Q3 24 | $4.09 | $-0.06 | ||
| Q2 24 | $3.74 | $-0.24 | ||
| Q1 24 | $2.69 | $-0.35 |
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 | $2.3B |
| 总债务越低越好 | $145.2M | — |
| 股东权益账面价值 | $2.4B | $2.7B |
| 总资产 | $6.4B | $4.4B |
| 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FIXROKU
| Q4 25 | $981.9M | $2.3B | ||
| Q3 25 | $860.5M | $2.3B | ||
| Q2 25 | $331.7M | $2.3B | ||
| Q1 25 | $204.8M | $2.3B | ||
| Q4 24 | $549.9M | $2.2B | ||
| Q3 24 | $415.6M | $2.1B | ||
| Q2 24 | $199.4M | $2.1B | ||
| Q1 24 | $100.8M | $2.1B |
总债务FIXROKU
| 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FIXROKU
| Q4 25 | $2.4B | $2.7B | ||
| Q3 25 | $2.2B | $2.6B | ||
| Q2 25 | $2.0B | $2.6B | ||
| Q1 25 | $1.8B | $2.5B | ||
| Q4 24 | $1.7B | $2.5B | ||
| Q3 24 | $1.6B | $2.5B | ||
| Q2 24 | $1.5B | $2.4B | ||
| Q1 24 | $1.4B | $2.4B |
总资产FIXROKU
| Q4 25 | $6.4B | $4.4B | ||
| Q3 25 | $5.8B | $4.4B | ||
| Q2 25 | $5.1B | $4.3B | ||
| Q1 25 | $4.6B | $4.2B | ||
| Q4 24 | $4.7B | $4.3B | ||
| Q3 24 | $4.4B | $4.3B | ||
| Q2 24 | $4.2B | $4.1B | ||
| Q1 24 | $3.9B | $4.2B |
负债/权益比FIXROKU
| 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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $402.4M | $106.6M |
| 自由现金流率自由现金流/营收 | 15.2% | 7.6% |
| 资本支出强度资本支出/营收 | 2.5% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.42× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $478.4M |
8季度趋势，按日历期对齐
经营现金流FIXROKU
| Q4 25 | $468.5M | $107.7M | ||
| Q3 25 | $553.3M | $127.6M | ||
| Q2 25 | $252.5M | $109.7M | ||
| Q1 25 | $-88.0M | $138.7M | ||
| Q4 24 | $210.5M | $79.3M | ||
| Q3 24 | $302.2M | $68.7M | ||
| Q2 24 | $189.9M | $23.4M | ||
| Q1 24 | $146.6M | $46.7M |
自由现金流FIXROKU
| Q4 25 | $402.4M | $106.6M | ||
| Q3 25 | $517.9M | $126.5M | ||
| Q2 25 | $221.2M | $108.6M | ||
| Q1 25 | $-110.2M | $136.8M | ||
| Q4 24 | $169.8M | $76.8M | ||
| Q3 24 | $280.1M | $67.6M | ||
| Q2 24 | $166.5M | $22.5M | ||
| Q1 24 | $121.6M | $46.0M |
自由现金流率FIXROKU
| Q4 25 | 15.2% | 7.6% | ||
| Q3 25 | 21.1% | 10.4% | ||
| Q2 25 | 10.2% | 9.8% | ||
| Q1 25 | -6.0% | 13.4% | ||
| Q4 24 | 9.1% | 6.4% | ||
| Q3 24 | 15.5% | 6.4% | ||
| Q2 24 | 9.2% | 2.3% | ||
| Q1 24 | 7.9% | 5.2% |
资本支出强度FIXROKU
| Q4 25 | 2.5% | 0.1% | ||
| Q3 25 | 1.4% | 0.1% | ||
| Q2 25 | 1.4% | 0.1% | ||
| Q1 25 | 1.2% | 0.2% | ||
| Q4 24 | 2.2% | 0.2% | ||
| Q3 24 | 1.2% | 0.1% | ||
| Q2 24 | 1.3% | 0.1% | ||
| Q1 24 | 1.6% | 0.1% |
现金转化率FIXROKU
| Q4 25 | 1.42× | 1.34× | ||
| Q3 25 | 1.90× | 5.14× | ||
| Q2 25 | 1.09× | 10.45× | ||
| Q1 25 | -0.52× | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 1.42× | — | ||
| Q1 24 | 1.52× | — |
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% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
