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GRANITE CONSTRUCTION INC（GVA）与Shimmick Corp（SHIM）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Shimmick Corp的8.2倍（$1.2B vs $141.9M）。GRANITE CONSTRUCTION INC净利率更高（4.5% vs -3.1%，领先7.6%）。GRANITE CONSTRUCTION INC自由现金流更多（$128.8M vs $-28.7M）。过去两年GRANITE CONSTRUCTION INC的营收复合增速更高（31.7% vs -10.1%）
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。
Shimmick Corp是一家总部位于美国的重型民用建筑企业，专注于水处理设施、交通系统、大坝工程、环境修复等关键公共基础设施的建造与升级，主要服务北美各级政府客户，承接各类复杂大型建筑项目。
GVA vs SHIM — 直观对比
营收规模更大
GVA
是对方的8.2倍
$141.9M
净利率更高
GVA
高出7.6%
-3.1%
自由现金流更多
GVA
多$157.5M
$-28.7M
两年增速更快
GVA
近两年复合增速
-10.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $141.9M |
| 净利润 | $52.0M | $-4.4M |
| 毛利率 | 14.4% | 7.6% |
| 营业利润率 | 6.4% | -2.2% |
| 净利率 | 4.5% | -3.1% |
| 营收同比 | 19.2% | — |
| 净利润同比 | 25.4% | — |
| 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GVASHIM
| Q4 25 | $1.2B | $141.9M | ||
| Q3 25 | $1.4B | $128.4M | ||
| Q2 25 | $1.1B | $122.1M | ||
| Q1 25 | $699.5M | $103.6M | ||
| Q4 24 | $977.3M | — | ||
| Q3 24 | $1.3B | $166.0M | ||
| Q2 24 | $1.1B | $90.6M | ||
| Q1 24 | $672.3M | $120.0M |
净利润GVASHIM
| Q4 25 | $52.0M | $-4.4M | ||
| Q3 25 | $102.9M | $-8.5M | ||
| Q2 25 | $71.7M | $-9.8M | ||
| Q1 25 | $-33.7M | $-38.5M | ||
| Q4 24 | $41.5M | — | ||
| Q3 24 | $79.0M | $-1.6M | ||
| Q2 24 | $36.9M | $-51.4M | ||
| Q1 24 | $-31.0M | $-33.3M |
毛利率GVASHIM
| Q4 25 | 14.4% | 7.6% | ||
| Q3 25 | 18.2% | 6.3% | ||
| Q2 25 | 17.7% | 3.8% | ||
| Q1 25 | 12.0% | -20.1% | ||
| Q4 24 | 15.4% | — | ||
| Q3 24 | 15.9% | 7.3% | ||
| Q2 24 | 15.2% | -34.4% | ||
| Q1 24 | 8.1% | -13.2% |
营业利润率GVASHIM
| Q4 25 | 6.4% | -2.2% | ||
| Q3 25 | 10.0% | -5.5% | ||
| Q2 25 | 9.2% | -7.3% | ||
| Q1 25 | -5.7% | -39.3% | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 8.2% | 0.7% | ||
| Q2 24 | 7.9% | -53.0% | ||
| Q1 24 | -6.4% | -26.5% |
净利率GVASHIM
| Q4 25 | 4.5% | -3.1% | ||
| Q3 25 | 7.2% | -6.6% | ||
| Q2 25 | 6.4% | -8.0% | ||
| Q1 25 | -4.8% | -37.1% | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | 6.2% | -0.9% | ||
| Q2 24 | 3.4% | -56.7% | ||
| Q1 24 | -4.6% | -27.8% |
每股收益（稀释后）GVASHIM
| Q4 25 | $1.23 | $-0.12 | ||
| Q3 25 | $1.98 | $-0.25 | ||
| Q2 25 | $1.42 | $-0.28 | ||
| Q1 25 | $-0.77 | $-0.92 | ||
| Q4 24 | $0.99 | — | ||
| Q3 24 | $1.57 | $-0.05 | ||
| Q2 24 | $0.76 | $-1.83 | ||
| Q1 24 | $-0.70 | $-1.30 |
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 | $17.6M |
| 总债务越低越好 | $1.3B | $57.5M |
| 股东权益账面价值 | $1.2B | $-52.7M |
| 总资产 | $4.0B | $218.5M |
| 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GVASHIM
| Q4 25 | $600.2M | $17.6M | ||
| Q3 25 | $547.2M | $21.4M | ||
| Q2 25 | $385.3M | $16.3M | ||
| Q1 25 | $422.8M | $33.7M | ||
| Q4 24 | $585.6M | — | ||
| Q3 24 | $472.4M | $26.0M | ||
| Q2 24 | $377.2M | $22.4M | ||
| Q1 24 | $337.3M | $27.3M |
总债务GVASHIM
| Q4 25 | $1.3B | $57.5M | ||
| Q3 25 | $1.3B | $36.4M | ||
| Q2 25 | $740.4M | $31.4M | ||
| Q1 25 | $739.7M | $9.5M | ||
| Q4 24 | $739.0M | — | ||
| Q3 24 | $738.6M | $39.9M | ||
| Q2 24 | $738.9M | — | ||
| Q1 24 | $553.2M | $31.5M |
股东权益GVASHIM
| Q4 25 | $1.2B | $-52.7M | ||
| Q3 25 | $1.2B | $-49.5M | ||
| Q2 25 | $1.1B | $-42.6M | ||
| Q1 25 | $993.5M | $-34.7M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | $973.0K | ||
| Q2 24 | $931.7M | $436.0K | ||
| Q1 24 | $946.5M | $38.1M |
总资产GVASHIM
| Q4 25 | $4.0B | $218.5M | ||
| Q3 25 | $4.1B | $203.0M | ||
| Q2 25 | $3.1B | $227.7M | ||
| Q1 25 | $2.9B | $233.9M | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.1B | $346.7M | ||
| Q2 24 | $2.9B | $344.5M | ||
| Q1 24 | $2.6B | $378.0M |
负债/权益比GVASHIM
| Q4 25 | 1.14× | — | ||
| Q3 25 | 1.16× | — | ||
| Q2 25 | 0.70× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.73× | 41.01× | ||
| Q2 24 | 0.79× | — | ||
| Q1 24 | 0.58× | 0.83× |
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 | $-23.7M |
| 自由现金流经营现金流 - 资本支出 | $128.8M | $-28.7M |
| 自由现金流率自由现金流/营收 | 11.0% | -20.2% |
| 资本支出强度资本支出/营收 | 4.3% | 3.5% |
| 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 | $-27.2M |
8季度趋势，按日历期对齐
经营现金流GVASHIM
| Q4 25 | $179.3M | $-23.7M | ||
| Q3 25 | $284.2M | $-3.8M | ||
| Q2 25 | $1.8M | $-38.2M | ||
| Q1 25 | $3.6M | $44.9M | ||
| Q4 24 | $172.8M | — | ||
| Q3 24 | $261.5M | $12.7M | ||
| Q2 24 | $-2.0M | $-43.9M | ||
| Q1 24 | $24.1M | $-35.0M |
自由现金流GVASHIM
| Q4 25 | $128.8M | $-28.7M | ||
| Q3 25 | $257.5M | $-4.2M | ||
| Q2 25 | $-27.0M | $-38.7M | ||
| Q1 25 | $-28.6M | $44.4M | ||
| Q4 24 | $144.6M | — | ||
| Q3 24 | $220.2M | $10.3M | ||
| Q2 24 | $-41.0M | $-46.8M | ||
| Q1 24 | $-3.8M | $-39.6M |
自由现金流率GVASHIM
| Q4 25 | 11.0% | -20.2% | ||
| Q3 25 | 18.0% | -3.2% | ||
| Q2 25 | -2.4% | -31.7% | ||
| Q1 25 | -4.1% | 42.9% | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 17.3% | 6.2% | ||
| Q2 24 | -3.8% | -51.7% | ||
| Q1 24 | -0.6% | -33.0% |
资本支出强度GVASHIM
| Q4 25 | 4.3% | 3.5% | ||
| Q3 25 | 1.9% | 0.3% | ||
| Q2 25 | 2.6% | 0.4% | ||
| Q1 25 | 4.6% | 0.5% | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 3.2% | 1.4% | ||
| Q2 24 | 3.6% | 3.3% | ||
| Q1 24 | 4.1% | 3.8% |
现金转化率GVASHIM
| Q4 25 | 3.45× | — | ||
| Q3 25 | 2.76× | — | ||
| Q2 25 | 0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.17× | — | ||
| Q3 24 | 3.31× | — | ||
| Q2 24 | -0.05× | — | ||
| Q1 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% |
SHIM
| Shimmick Projects | $106.8M | 75% |
| Non Core Projects | $35.1M | 25% |
