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GRANITE CONSTRUCTION INC（GVA）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
GRANITE CONSTRUCTION INC的季度营收约是Rithm Capital Corp.的1.4倍（$1.2B vs $828.2M），Rithm Capital Corp.净利率更高（13.2% vs 4.5%，领先8.8%），GRANITE CONSTRUCTION INC同比增速更快（19.2% vs -40.0%），过去两年GRANITE CONSTRUCTION INC的营收复合增速更高（31.7% vs -17.9%）
Granite Construction Inc.是美国民用建筑企业及建筑骨料生产商，为标普600指数成分股，创始地及总部位于加利福尼亚州沃森维尔，是Granite Construction Company的母公司。公司主营重型民用建筑承包与建筑骨料生产，在美国西部多州持有或租赁采石场，主要开采砂、砾石、碎石等产品。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
GVA vs RITM — 直观对比
营收规模更大
GVA
是对方的1.4倍
$828.2M
营收增速更快
GVA
高出59.2%
-40.0%
净利率更高
RITM
高出8.8%
4.5%
两年增速更快
GVA
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $828.2M |
| 净利润 | $52.0M | $109.5M |
| 毛利率 | 14.4% | — |
| 营业利润率 | 6.4% | — |
| 净利率 | 4.5% | 13.2% |
| 营收同比 | 19.2% | -40.0% |
| 净利润同比 | 25.4% | 20.9% |
| 每股收益（稀释后） | $1.23 | $0.12 |
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GVARITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $699.5M | $768.4M | ||
| Q4 24 | $977.3M | $2.1B | ||
| Q3 24 | $1.3B | $619.5M | ||
| Q2 24 | $1.1B | $1.2B |
净利润GVARITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $52.0M | $85.0M | ||
| Q3 25 | $102.9M | $221.5M | ||
| Q2 25 | $71.7M | $311.7M | ||
| Q1 25 | $-33.7M | $78.8M | ||
| Q4 24 | $41.5M | $290.2M | ||
| Q3 24 | $79.0M | $121.7M | ||
| Q2 24 | $36.9M | $235.6M |
毛利率GVARITM
| Q1 26 | — | — | ||
| Q4 25 | 14.4% | — | ||
| Q3 25 | 18.2% | — | ||
| Q2 25 | 17.7% | — | ||
| Q1 25 | 12.0% | — | ||
| Q4 24 | 15.4% | — | ||
| Q3 24 | 15.9% | — | ||
| Q2 24 | 15.2% | — |
营业利润率GVARITM
| Q1 26 | — | — | ||
| Q4 25 | 6.4% | 13.8% | ||
| Q3 25 | 10.0% | 21.4% | ||
| Q2 25 | 9.2% | 25.2% | ||
| Q1 25 | -5.7% | 7.4% | ||
| Q4 24 | 6.2% | 23.8% | ||
| Q3 24 | 8.2% | 7.3% | ||
| Q2 24 | 7.9% | 23.6% |
净利率GVARITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 4.5% | 5.7% | ||
| Q3 25 | 7.2% | 20.0% | ||
| Q2 25 | 6.4% | 25.6% | ||
| Q1 25 | -4.8% | 10.3% | ||
| Q4 24 | 4.2% | 14.0% | ||
| Q3 24 | 6.2% | 19.7% | ||
| Q2 24 | 3.4% | 19.2% |
每股收益（稀释后）GVARITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $1.23 | $0.09 | ||
| Q3 25 | $1.98 | $0.35 | ||
| Q2 25 | $1.42 | $0.53 | ||
| Q1 25 | $-0.77 | $0.07 | ||
| Q4 24 | $0.99 | $0.50 | ||
| Q3 24 | $1.57 | $0.20 | ||
| Q2 24 | $0.76 | $0.43 |
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 | $600.2M | — |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $1.2B | $9.1B |
| 总资产 | $4.0B | $53.4B |
| 负债/权益比越低杠杆越低 | 1.14× | — |
8季度趋势，按日历期对齐
现金及短期投资GVARITM
| Q1 26 | — | — | ||
| Q4 25 | $600.2M | $1.8B | ||
| Q3 25 | $547.2M | $1.6B | ||
| Q2 25 | $385.3M | $1.6B | ||
| Q1 25 | $422.8M | $1.5B | ||
| Q4 24 | $585.6M | $1.5B | ||
| Q3 24 | $472.4M | $1.6B | ||
| Q2 24 | $377.2M | $1.2B |
总债务GVARITM
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $35.4B | ||
| Q3 25 | $1.3B | $32.2B | ||
| Q2 25 | $740.4M | $31.2B | ||
| Q1 25 | $739.7M | $32.2B | ||
| Q4 24 | $739.0M | $32.6B | ||
| Q3 24 | $738.6M | $29.6B | ||
| Q2 24 | $738.9M | $30.1B |
股东权益GVARITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $1.2B | $8.4B | ||
| Q3 25 | $1.2B | $8.5B | ||
| Q2 25 | $1.1B | $7.9B | ||
| Q1 25 | $993.5M | $7.8B | ||
| Q4 24 | $1.0B | $7.8B | ||
| Q3 24 | $1.0B | $7.7B | ||
| Q2 24 | $931.7M | $7.3B |
总资产GVARITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $4.0B | $53.1B | ||
| Q3 25 | $4.1B | $47.2B | ||
| Q2 25 | $3.1B | $44.3B | ||
| Q1 25 | $2.9B | $45.3B | ||
| Q4 24 | $3.0B | $46.0B | ||
| Q3 24 | $3.1B | $42.3B | ||
| Q2 24 | $2.9B | $42.0B |
负债/权益比GVARITM
| Q1 26 | — | — | ||
| Q4 25 | 1.14× | 4.20× | ||
| Q3 25 | 1.16× | 3.79× | ||
| Q2 25 | 0.70× | 3.92× | ||
| Q1 25 | 0.74× | 4.14× | ||
| Q4 24 | 0.73× | 4.18× | ||
| Q3 24 | 0.73× | 3.87× | ||
| Q2 24 | 0.79× | 4.10× |
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 | $179.3M | — |
| 自由现金流经营现金流 - 资本支出 | $128.8M | — |
| 自由现金流率自由现金流/营收 | 11.0% | — |
| 资本支出强度资本支出/营收 | 4.3% | — |
| 现金转化率经营现金流/净利润 | 3.45× | — |
| 过去12个月自由现金流最近4个季度 | $330.6M | — |
8季度趋势，按日历期对齐
经营现金流GVARITM
| Q1 26 | — | — | ||
| Q4 25 | $179.3M | $-114.6M | ||
| Q3 25 | $284.2M | $-2.0B | ||
| Q2 25 | $1.8M | $-557.1M | ||
| Q1 25 | $3.6M | $1.4B | ||
| Q4 24 | $172.8M | $-1.8B | ||
| Q3 24 | $261.5M | $768.1M | ||
| Q2 24 | $-2.0M | $-55.7M |
自由现金流GVARITM
| Q1 26 | — | — | ||
| Q4 25 | $128.8M | — | ||
| Q3 25 | $257.5M | — | ||
| Q2 25 | $-27.0M | — | ||
| Q1 25 | $-28.6M | — | ||
| Q4 24 | $144.6M | — | ||
| Q3 24 | $220.2M | — | ||
| Q2 24 | $-41.0M | — |
自由现金流率GVARITM
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 18.0% | — | ||
| Q2 25 | -2.4% | — | ||
| Q1 25 | -4.1% | — | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 17.3% | — | ||
| Q2 24 | -3.8% | — |
资本支出强度GVARITM
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 4.6% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.6% | — |
现金转化率GVARITM
| Q1 26 | — | — | ||
| Q4 25 | 3.45× | -1.35× | ||
| Q3 25 | 2.76× | -9.22× | ||
| Q2 25 | 0.02× | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | 4.17× | -6.04× | ||
| Q3 24 | 3.31× | 6.31× | ||
| Q2 24 | -0.05× | -0.24× |
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
GVA
| Public | $680.2M | 58% |
| Private | $260.1M | 22% |
| Asphalt | $116.9M | 10% |
| Aggregates | $107.9M | 9% |
| Collaborative Arrangement | $7.0M | 1% |
| Performance Obligations | $3.5M | 0% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
