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格罗方德（GFS）与MYR GROUP INC.（MYRG）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MYR GROUP INC.的1.7倍（$1.7B vs $973.5M），格罗方德净利率更高（14.8% vs 3.8%，领先11.0%），MYR GROUP INC.同比增速更快（17.3% vs -2.9%），过去两年MYR GROUP INC.的营收复合增速更高（9.3% 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。
MYR集团是美国知名电气建设服务提供商，业务覆盖输配电线路、变电站、工商业建筑及可再生能源领域的电气施工，旗下拥有12家电气建设子公司，在北美电力基建赛道拥有深厚的技术积累与项目交付能力。
GFS vs MYRG — 直观对比
营收规模更大
GFS
是对方的1.7倍
$973.5M
营收增速更快
MYRG
高出20.3%
-2.9%
净利率更高
GFS
高出11.0%
3.8%
两年增速更快
MYRG
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $973.5M |
| 净利润 | $249.0M | $36.5M |
| 毛利率 | 24.8% | 11.4% |
| 营业利润率 | 11.6% | 4.8% |
| 净利率 | 14.8% | 3.8% |
| 营收同比 | -2.9% | 17.3% |
| 净利润同比 | 39.9% | 129.1% |
| 每股收益（稀释后） | $0.44 | $2.33 |
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GFSMYRG
| Q4 25 | — | $973.5M | ||
| Q3 25 | $1.7B | $950.4M | ||
| Q2 25 | $1.7B | $900.3M | ||
| Q1 25 | $1.6B | $833.6M | ||
| Q4 24 | — | $829.8M | ||
| Q3 24 | $1.7B | $888.0M | ||
| Q2 24 | $1.6B | $828.9M | ||
| Q1 24 | $1.5B | $815.6M |
净利润GFSMYRG
| Q4 25 | — | $36.5M | ||
| Q3 25 | $249.0M | $32.1M | ||
| Q2 25 | $228.0M | $26.5M | ||
| Q1 25 | $211.0M | $23.3M | ||
| Q4 24 | — | $16.0M | ||
| Q3 24 | $178.0M | $10.6M | ||
| Q2 24 | $155.0M | $-15.3M | ||
| Q1 24 | $134.0M | $18.9M |
毛利率GFSMYRG
| Q4 25 | — | 11.4% | ||
| Q3 25 | 24.8% | 11.8% | ||
| Q2 25 | 24.2% | 11.5% | ||
| Q1 25 | 22.4% | 11.6% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | 23.8% | 8.7% | ||
| Q2 24 | 24.2% | 4.9% | ||
| Q1 24 | 25.4% | 10.6% |
营业利润率GFSMYRG
| Q4 25 | — | 4.8% | ||
| Q3 25 | 11.6% | 4.9% | ||
| Q2 25 | 11.6% | 4.4% | ||
| Q1 25 | 9.5% | 4.1% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | 10.6% | 2.3% | ||
| Q2 24 | 9.5% | -2.5% | ||
| Q1 24 | 9.5% | 3.0% |
净利率GFSMYRG
| Q4 25 | — | 3.8% | ||
| Q3 25 | 14.8% | 3.4% | ||
| Q2 25 | 13.5% | 2.9% | ||
| Q1 25 | 13.3% | 2.8% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | 10.2% | 1.2% | ||
| Q2 24 | 9.5% | -1.8% | ||
| Q1 24 | 8.7% | 2.3% |
每股收益（稀释后）GFSMYRG
| Q4 25 | — | $2.33 | ||
| Q3 25 | $0.44 | $2.05 | ||
| Q2 25 | $0.41 | $1.70 | ||
| Q1 25 | $0.38 | $1.45 | ||
| Q4 24 | — | $0.97 | ||
| Q3 24 | $0.32 | $0.65 | ||
| Q2 24 | $0.28 | $-0.91 | ||
| Q1 24 | $0.24 | $1.12 |
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 | $150.2M |
| 总债务越低越好 | — | $59.0M |
| 股东权益账面价值 | $11.8B | $660.4M |
| 总资产 | $16.7B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资GFSMYRG
| Q4 25 | — | $150.2M | ||
| Q3 25 | $2.0B | $76.2M | ||
| Q2 25 | $1.8B | $23.0M | ||
| Q1 25 | $1.6B | $10.9M | ||
| Q4 24 | — | $3.5M | ||
| Q3 24 | $2.3B | $7.6M | ||
| Q2 24 | $2.2B | $1.9M | ||
| Q1 24 | $2.2B | $3.9M |
总债务GFSMYRG
| Q4 25 | — | $59.0M | ||
| Q3 25 | — | $72.0M | ||
| Q2 25 | — | $86.1M | ||
| Q1 25 | — | $87.2M | ||
| Q4 24 | — | $74.4M | ||
| Q3 24 | — | $93.2M | ||
| Q2 24 | — | $45.1M | ||
| Q1 24 | — | $37.9M |
股东权益GFSMYRG
| Q4 25 | — | $660.4M | ||
| Q3 25 | $11.8B | $617.6M | ||
| Q2 25 | $11.5B | $583.2M | ||
| Q1 25 | $11.1B | $548.7M | ||
| Q4 24 | — | $600.4M | ||
| Q3 24 | $11.6B | $588.5M | ||
| Q2 24 | $11.3B | $633.3M | ||
| Q1 24 | $11.3B | $663.7M |
总资产GFSMYRG
| Q4 25 | — | $1.6B | ||
| Q3 25 | $16.7B | $1.6B | ||
| Q2 25 | $16.8B | $1.6B | ||
| Q1 25 | $16.5B | $1.5B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $18.1B | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
负债/权益比GFSMYRG
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.07× | ||
| 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 | $595.0M | $114.8M |
| 自由现金流经营现金流 - 资本支出 | — | $84.9M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | 2.39× | 3.14× |
| 过去12个月自由现金流最近4个季度 | — | $232.2M |
8季度趋势，按日历期对齐
经营现金流GFSMYRG
| Q4 25 | — | $114.8M | ||
| Q3 25 | $595.0M | $95.6M | ||
| Q2 25 | $431.0M | $32.9M | ||
| Q1 25 | $331.0M | $83.3M | ||
| Q4 24 | — | $21.1M | ||
| Q3 24 | $375.0M | $35.6M | ||
| Q2 24 | $402.0M | $22.7M | ||
| Q1 24 | $488.0M | $7.7M |
自由现金流GFSMYRG
| Q4 25 | — | $84.9M | ||
| Q3 25 | — | $65.4M | ||
| Q2 25 | — | $11.6M | ||
| Q1 25 | — | $70.2M | ||
| Q4 24 | — | $8.8M | ||
| Q3 24 | — | $18.0M | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | — | $-18.1M |
自由现金流率GFSMYRG
| Q4 25 | — | 8.7% | ||
| Q3 25 | — | 6.9% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 8.4% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | -2.2% |
资本支出强度GFSMYRG
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 3.2% |
现金转化率GFSMYRG
| Q4 25 | — | 3.14× | ||
| Q3 25 | 2.39× | 2.98× | ||
| Q2 25 | 1.89× | 1.24× | ||
| Q1 25 | 1.57× | 3.57× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | 2.11× | 3.35× | ||
| Q2 24 | 2.59× | — | ||
| Q1 24 | 3.64× | 0.41× |
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% |
MYRG
| Market Type Electrical Construction | $442.6M | 45% |
| Market Type Transmission | $330.3M | 34% |
| Market Type Distribution | $200.6M | 21% |
