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格罗方德（GFS）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是IES Holdings, Inc.的1.9倍（$1.7B vs $871.0M），格罗方德净利率更高（14.8% vs 10.5%，领先4.2%），IES Holdings, Inc.同比增速更快（16.2% vs -2.9%），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
GFS vs IESC — 直观对比
营收规模更大
GFS
是对方的1.9倍
$871.0M
营收增速更快
IESC
高出19.1%
-2.9%
净利率更高
GFS
高出4.2%
10.5%
两年增速更快
IESC
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $871.0M |
| 净利润 | $249.0M | $91.8M |
| 毛利率 | 24.8% | 25.3% |
| 营业利润率 | 11.6% | 11.2% |
| 净利率 | 14.8% | 10.5% |
| 营收同比 | -2.9% | 16.2% |
| 净利润同比 | 39.9% | 59.1% |
| 每股收益（稀释后） | $0.44 | $4.51 |
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GFSIESC
| Q4 25 | — | $871.0M | ||
| Q3 25 | $1.7B | $897.8M | ||
| Q2 25 | $1.7B | $890.2M | ||
| Q1 25 | $1.6B | $834.0M | ||
| Q4 24 | — | $749.5M | ||
| Q3 24 | $1.7B | $775.8M | ||
| Q2 24 | $1.6B | $768.4M | ||
| Q1 24 | $1.5B | $705.7M |
净利润GFSIESC
| Q4 25 | — | $91.8M | ||
| Q3 25 | $249.0M | $102.3M | ||
| Q2 25 | $228.0M | $79.3M | ||
| Q1 25 | $211.0M | $72.6M | ||
| Q4 24 | — | $57.7M | ||
| Q3 24 | $178.0M | $65.5M | ||
| Q2 24 | $155.0M | $66.6M | ||
| Q1 24 | $134.0M | $56.8M |
毛利率GFSIESC
| Q4 25 | — | 25.3% | ||
| Q3 25 | 24.8% | 26.0% | ||
| Q2 25 | 24.2% | 26.9% | ||
| Q1 25 | 22.4% | 25.0% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | 23.8% | 24.0% | ||
| Q2 24 | 24.2% | 25.3% | ||
| Q1 24 | 25.4% | 24.3% |
营业利润率GFSIESC
| Q4 25 | — | 11.2% | ||
| Q3 25 | 11.6% | 11.6% | ||
| Q2 25 | 11.6% | 12.6% | ||
| Q1 25 | 9.5% | 11.1% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 10.6% | 9.7% | ||
| Q2 24 | 9.5% | 11.7% | ||
| Q1 24 | 9.5% | 11.0% |
净利率GFSIESC
| Q4 25 | — | 10.5% | ||
| Q3 25 | 14.8% | 11.4% | ||
| Q2 25 | 13.5% | 8.9% | ||
| Q1 25 | 13.3% | 8.7% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | 10.2% | 8.4% | ||
| Q2 24 | 9.5% | 8.7% | ||
| Q1 24 | 8.7% | 8.0% |
每股收益（稀释后）GFSIESC
| Q4 25 | — | $4.51 | ||
| Q3 25 | $0.44 | $4.99 | ||
| Q2 25 | $0.41 | $3.81 | ||
| Q1 25 | $0.38 | $3.50 | ||
| Q4 24 | — | $2.72 | ||
| Q3 24 | $0.32 | $3.06 | ||
| Q2 24 | $0.28 | $2.67 | ||
| Q1 24 | $0.24 | $2.29 |
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 | $2.0B | $258.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.8B | $961.1M |
| 总资产 | $16.7B | $1.7B |
| 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GFSIESC
| Q4 25 | — | $258.7M | ||
| Q3 25 | $2.0B | $231.8M | ||
| Q2 25 | $1.8B | $168.3M | ||
| Q1 25 | $1.6B | $88.3M | ||
| Q4 24 | — | $112.0M | ||
| Q3 24 | $2.3B | $135.8M | ||
| Q2 24 | $2.2B | $44.9M | ||
| Q1 24 | $2.2B | $106.0M |
股东权益GFSIESC
| Q4 25 | — | $961.1M | ||
| Q3 25 | $11.8B | $884.0M | ||
| Q2 25 | $11.5B | $781.4M | ||
| Q1 25 | $11.1B | $705.8M | ||
| Q4 24 | — | $652.4M | ||
| Q3 24 | $11.6B | $611.1M | ||
| Q2 24 | $11.3B | $567.5M | ||
| Q1 24 | $11.3B | $534.8M |
总资产GFSIESC
| Q4 25 | — | $1.7B | ||
| Q3 25 | $16.7B | $1.6B | ||
| Q2 25 | $16.8B | $1.5B | ||
| Q1 25 | $16.5B | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $18.1B | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.1B |
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 | $595.0M | $27.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.9M |
| 自由现金流率自由现金流/营收 | — | -2.2% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | 2.39× | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | $175.9M |
8季度趋势，按日历期对齐
经营现金流GFSIESC
| Q4 25 | — | $27.7M | ||
| Q3 25 | $595.0M | $132.0M | ||
| Q2 25 | $431.0M | $92.0M | ||
| Q1 25 | $331.0M | $24.8M | ||
| Q4 24 | — | $37.3M | ||
| Q3 24 | $375.0M | $92.8M | ||
| Q2 24 | $402.0M | $82.9M | ||
| Q1 24 | $488.0M | $33.7M |
自由现金流GFSIESC
| Q4 25 | — | $-18.9M | ||
| Q3 25 | — | $112.0M | ||
| Q2 25 | — | $74.8M | ||
| Q1 25 | — | $7.9M | ||
| Q4 24 | — | $24.1M | ||
| Q3 24 | — | $78.5M | ||
| Q2 24 | — | $65.4M | ||
| Q1 24 | — | $26.9M |
自由现金流率GFSIESC
| Q4 25 | — | -2.2% | ||
| Q3 25 | — | 12.5% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 8.5% | ||
| Q1 24 | — | 3.8% |
资本支出强度GFSIESC
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 1.0% |
现金转化率GFSIESC
| Q4 25 | — | 0.30× | ||
| Q3 25 | 2.39× | 1.29× | ||
| Q2 25 | 1.89× | 1.16× | ||
| Q1 25 | 1.57× | 0.34× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | 2.11× | 1.42× | ||
| Q2 24 | 2.59× | 1.24× | ||
| Q1 24 | 3.64× | 0.59× |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
