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COMFORT SYSTEMS USA INC（FIX）与维谛技术（VRT）财务数据对比。点击上方公司名可切换其他公司
维谛技术的季度营收约是COMFORT SYSTEMS USA INC的1.0倍（$2.6B vs $2.6B），维谛技术净利率更高（14.7% vs 12.5%，领先2.2%），COMFORT SYSTEMS USA INC同比增速更快（41.7% vs 30.1%），维谛技术自由现金流更多（$652.8M vs $402.4M），过去两年COMFORT SYSTEMS USA INC的营收复合增速更高（31.2% vs 16.5%）
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。
维谛技术（Vertiv）是一家美国跨国企业，专注于为数据中心、通信网络、商业及工业场景提供关键基础设施及配套服务，旗下方案可有效保障各行业客户关键业务系统的稳定高效运行。
FIX vs VRT — 直观对比
营收规模更大
VRT
是对方的1.0倍
$2.6B
营收增速更快
FIX
高出11.5%
30.1%
净利率更高
VRT
高出2.2%
12.5%
自由现金流更多
VRT
多$250.3M
$402.4M
两年增速更快
FIX
近两年复合增速
16.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $2.6B |
| 净利润 | $330.8M | $390.1M |
| 毛利率 | 25.5% | 37.7% |
| 营业利润率 | 16.1% | — |
| 净利率 | 12.5% | 14.7% |
| 营收同比 | 41.7% | 30.1% |
| 净利润同比 | 126.8% | 137.1% |
| 每股收益（稀释后） | $9.35 | $0.99 |
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FIXVRT
| Q1 26 | — | $2.6B | ||
| Q4 25 | $2.6B | $2.9B | ||
| Q3 25 | $2.5B | $2.7B | ||
| Q2 25 | $2.2B | $2.6B | ||
| Q1 25 | $1.8B | $2.0B | ||
| Q4 24 | $1.9B | $2.3B | ||
| Q3 24 | $1.8B | $2.1B | ||
| Q2 24 | $1.8B | $2.0B |
净利润FIXVRT
| Q1 26 | — | $390.1M | ||
| Q4 25 | $330.8M | $445.6M | ||
| Q3 25 | $291.6M | $398.5M | ||
| Q2 25 | $230.8M | $324.2M | ||
| Q1 25 | $169.3M | $164.5M | ||
| Q4 24 | $145.9M | $147.0M | ||
| Q3 24 | $146.2M | $176.6M | ||
| Q2 24 | $134.0M | $178.1M |
毛利率FIXVRT
| Q1 26 | — | 37.7% | ||
| Q4 25 | 25.5% | 38.9% | ||
| Q3 25 | 24.8% | 37.8% | ||
| Q2 25 | 23.5% | 34.0% | ||
| Q1 25 | 22.0% | 33.7% | ||
| Q4 24 | 23.2% | 37.1% | ||
| Q3 24 | 21.1% | 36.5% | ||
| Q2 24 | 20.1% | 38.0% |
营业利润率FIXVRT
| Q1 26 | — | — | ||
| Q4 25 | 16.1% | 20.1% | ||
| Q3 25 | 15.5% | 19.3% | ||
| Q2 25 | 13.8% | 16.8% | ||
| Q1 25 | 11.4% | 14.3% | ||
| Q4 24 | 12.1% | 19.5% | ||
| Q3 24 | 11.2% | 17.9% | ||
| Q2 24 | 10.2% | 17.2% |
净利率FIXVRT
| Q1 26 | — | 14.7% | ||
| Q4 25 | 12.5% | 15.5% | ||
| Q3 25 | 11.9% | 14.9% | ||
| Q2 25 | 10.6% | 12.3% | ||
| Q1 25 | 9.2% | 8.1% | ||
| Q4 24 | 7.8% | 6.3% | ||
| Q3 24 | 8.1% | 8.5% | ||
| Q2 24 | 7.4% | 9.1% |
每股收益（稀释后）FIXVRT
| Q1 26 | — | $0.99 | ||
| Q4 25 | $9.35 | $1.14 | ||
| Q3 25 | $8.25 | $1.02 | ||
| Q2 25 | $6.53 | $0.83 | ||
| Q1 25 | $4.75 | $0.42 | ||
| Q4 24 | $4.08 | $0.38 | ||
| Q3 24 | $4.09 | $0.46 | ||
| Q2 24 | $3.74 | $0.46 |
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 | $2.5B |
| 总债务越低越好 | $145.2M | $0 |
| 股东权益账面价值 | $2.4B | $4.2B |
| 总资产 | $6.4B | $13.4B |
| 负债/权益比越低杠杆越低 | 0.06× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资FIXVRT
| Q1 26 | — | $2.5B | ||
| Q4 25 | $981.9M | $1.7B | ||
| Q3 25 | $860.5M | $1.4B | ||
| Q2 25 | $331.7M | $1.6B | ||
| Q1 25 | $204.8M | $1.5B | ||
| Q4 24 | $549.9M | $1.2B | ||
| Q3 24 | $415.6M | $908.7M | ||
| Q2 24 | $199.4M | $579.7M |
总债务FIXVRT
| Q1 26 | — | $0 | ||
| Q4 25 | $145.2M | $2.9B | ||
| Q3 25 | $136.0M | $2.9B | ||
| Q2 25 | $73.0M | $2.9B | ||
| Q1 25 | $67.8M | $2.9B | ||
| Q4 24 | $68.3M | $2.9B | ||
| Q3 24 | $62.3M | $2.9B | ||
| Q2 24 | $73.4M | $2.9B |
股东权益FIXVRT
| Q1 26 | — | $4.2B | ||
| Q4 25 | $2.4B | $3.9B | ||
| Q3 25 | $2.2B | $3.5B | ||
| Q2 25 | $2.0B | $3.1B | ||
| Q1 25 | $1.8B | $2.7B | ||
| Q4 24 | $1.7B | $2.4B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.5B | $1.5B |
总资产FIXVRT
| Q1 26 | — | $13.4B | ||
| Q4 25 | $6.4B | $12.2B | ||
| Q3 25 | $5.8B | $10.8B | ||
| Q2 25 | $5.1B | $10.4B | ||
| Q1 25 | $4.6B | $9.5B | ||
| Q4 24 | $4.7B | $9.1B | ||
| Q3 24 | $4.4B | $8.9B | ||
| Q2 24 | $4.2B | $8.1B |
负债/权益比FIXVRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | 0.06× | 0.74× | ||
| Q3 25 | 0.06× | 0.83× | ||
| Q2 25 | 0.04× | 0.93× | ||
| Q1 25 | 0.04× | 1.10× | ||
| Q4 24 | 0.04× | 1.20× | ||
| Q3 24 | 0.04× | 1.62× | ||
| Q2 24 | 0.05× | 1.91× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $402.4M | $652.8M |
| 自由现金流率自由现金流/营收 | 15.2% | 24.6% |
| 资本支出强度资本支出/营收 | 2.5% | 4.2% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | $2.3B |
8季度趋势，按日历期对齐
经营现金流FIXVRT
| Q1 26 | — | — | ||
| Q4 25 | $468.5M | $978.9M | ||
| Q3 25 | $553.3M | $508.7M | ||
| Q2 25 | $252.5M | $322.9M | ||
| Q1 25 | $-88.0M | $303.3M | ||
| Q4 24 | $210.5M | $425.2M | ||
| Q3 24 | $302.2M | $378.2M | ||
| Q2 24 | $189.9M | $378.4M |
自由现金流FIXVRT
| Q1 26 | — | $652.8M | ||
| Q4 25 | $402.4M | $885.6M | ||
| Q3 25 | $517.9M | $463.5M | ||
| Q2 25 | $221.2M | $277.9M | ||
| Q1 25 | $-110.2M | $266.8M | ||
| Q4 24 | $169.8M | $364.5M | ||
| Q3 24 | $280.1M | $341.8M | ||
| Q2 24 | $166.5M | $344.3M |
自由现金流率FIXVRT
| Q1 26 | — | 24.6% | ||
| Q4 25 | 15.2% | 30.8% | ||
| Q3 25 | 21.1% | 17.3% | ||
| Q2 25 | 10.2% | 10.5% | ||
| Q1 25 | -6.0% | 13.1% | ||
| Q4 24 | 9.1% | 15.5% | ||
| Q3 24 | 15.5% | 16.5% | ||
| Q2 24 | 9.2% | 17.6% |
资本支出强度FIXVRT
| Q1 26 | — | 4.2% | ||
| Q4 25 | 2.5% | 3.2% | ||
| Q3 25 | 1.4% | 1.7% | ||
| Q2 25 | 1.4% | 1.7% | ||
| Q1 25 | 1.2% | 1.8% | ||
| Q4 24 | 2.2% | 2.6% | ||
| Q3 24 | 1.2% | 1.8% | ||
| Q2 24 | 1.3% | 1.7% |
现金转化率FIXVRT
| Q1 26 | — | — | ||
| Q4 25 | 1.42× | 2.20× | ||
| Q3 25 | 1.90× | 1.28× | ||
| Q2 25 | 1.09× | 1.00× | ||
| Q1 25 | -0.52× | 1.84× | ||
| Q4 24 | 1.44× | 2.89× | ||
| Q3 24 | 2.07× | 2.14× | ||
| Q2 24 | 1.42× | 2.12× |
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% |
VRT
暂无分部数据
