vs
荷美尔食品（HRL）与Primoris Services Corp（PRIM）财务数据对比。点击上方公司名可切换其他公司
荷美尔食品的季度营收约是Primoris Services Corp的1.7倍（$3.2B vs $1.9B），Primoris Services Corp净利率更高（2.8% vs -1.8%，领先4.5%），Primoris Services Corp同比增速更快（6.7% vs 1.5%），荷美尔食品自由现金流更多（$231.4M vs $121.1M），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs 3.1%）
荷美尔食品是1891年于美国明尼苏达州奥斯汀成立的跨国食品加工企业，由乔治·A·荷美尔创立。品牌最初主营火腿、香肠等各类畜肉产品的包装与销售，1937年推出斯帕姆午餐肉，上世纪80年代起逐步拓展多元化包装及冷藏食品产品线。
Primoris Services Corp是总部位于美国的上市专业基建与工程建设企业，核心业务覆盖天然气管道、污水管网及供水管道建设领域，2014年入选《财富》1000强榜单，在北美能源及民生基建领域拥有丰富的项目运营经验。
HRL vs PRIM — 直观对比
营收规模更大
HRL
是对方的1.7倍
$1.9B
营收增速更快
PRIM
高出5.2%
1.5%
净利率更高
PRIM
高出4.5%
-1.8%
自由现金流更多
HRL
多$110.3M
$121.1M
两年增速更快
PRIM
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $1.9B |
| 净利润 | $-56.1M | $51.7M |
| 毛利率 | 14.0% | 9.4% |
| 营业利润率 | 0.1% | 4.2% |
| 净利率 | -1.8% | 2.8% |
| 营收同比 | 1.5% | 6.7% |
| 净利润同比 | -125.5% | -4.2% |
| 每股收益（稀释后） | $-0.10 | $0.94 |
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HRLPRIM
| Q4 25 | $3.2B | $1.9B | ||
| Q3 25 | $3.0B | $2.2B | ||
| Q2 25 | $2.9B | $1.9B | ||
| Q1 25 | $3.0B | $1.6B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $2.9B | $1.6B | ||
| Q2 24 | $2.9B | $1.6B | ||
| Q1 24 | $3.0B | $1.4B |
净利润HRLPRIM
| Q4 25 | $-56.1M | $51.7M | ||
| Q3 25 | $183.7M | $94.6M | ||
| Q2 25 | $180.0M | $84.3M | ||
| Q1 25 | $170.6M | $44.2M | ||
| Q4 24 | $220.2M | $54.0M | ||
| Q3 24 | $176.7M | $58.4M | ||
| Q2 24 | $189.3M | $49.5M | ||
| Q1 24 | $218.9M | $18.9M |
毛利率HRLPRIM
| Q4 25 | 14.0% | 9.4% | ||
| Q3 25 | 16.1% | 10.8% | ||
| Q2 25 | 16.7% | 12.3% | ||
| Q1 25 | 15.9% | 10.4% | ||
| Q4 24 | 16.6% | 10.6% | ||
| Q3 24 | 16.8% | 12.0% | ||
| Q2 24 | 17.4% | 11.9% | ||
| Q1 24 | 17.0% | 9.4% |
营业利润率HRLPRIM
| Q4 25 | 0.1% | 4.2% | ||
| Q3 25 | 7.9% | 6.3% | ||
| Q2 25 | 8.6% | 6.7% | ||
| Q1 25 | 7.6% | 4.3% | ||
| Q4 24 | 9.4% | 5.0% | ||
| Q3 24 | 8.2% | 6.0% | ||
| Q2 24 | 8.7% | 5.5% | ||
| Q1 24 | 9.5% | 3.1% |
净利率HRLPRIM
| Q4 25 | -1.8% | 2.8% | ||
| Q3 25 | 6.1% | 4.3% | ||
| Q2 25 | 6.2% | 4.5% | ||
| Q1 25 | 5.7% | 2.7% | ||
| Q4 24 | 7.0% | 3.1% | ||
| Q3 24 | 6.1% | 3.5% | ||
| Q2 24 | 6.6% | 3.2% | ||
| Q1 24 | 7.3% | 1.3% |
每股收益（稀释后）HRLPRIM
| Q4 25 | $-0.10 | $0.94 | ||
| Q3 25 | $0.33 | $1.73 | ||
| Q2 25 | $0.33 | $1.54 | ||
| Q1 25 | $0.31 | $0.81 | ||
| Q4 24 | $0.41 | $0.98 | ||
| Q3 24 | $0.32 | $1.07 | ||
| Q2 24 | $0.34 | $0.91 | ||
| Q1 24 | $0.40 | $0.35 |
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 | $703.6M | $535.5M |
| 总债务越低越好 | $2.9B | $469.9M |
| 股东权益账面价值 | $7.9B | $1.7B |
| 总资产 | $13.4B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.36× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资HRLPRIM
| Q4 25 | $703.6M | $535.5M | ||
| Q3 25 | $630.7M | $431.4M | ||
| Q2 25 | $699.0M | $390.3M | ||
| Q1 25 | $866.4M | $351.6M | ||
| Q4 24 | $766.6M | $455.8M | ||
| Q3 24 | $561.9M | $352.7M | ||
| Q2 24 | $1.5B | $207.4M | ||
| Q1 24 | $981.9M | $177.6M |
总债务HRLPRIM
| Q4 25 | $2.9B | $469.9M | ||
| Q3 25 | $2.9B | $486.0M | ||
| Q2 25 | $2.9B | $603.1M | ||
| Q1 25 | $2.9B | $612.0M | ||
| Q4 24 | $2.9B | $734.8M | ||
| Q3 24 | $2.9B | $903.7M | ||
| Q2 24 | $2.9B | $933.0M | ||
| Q1 24 | $2.4B | $951.7M |
股东权益HRLPRIM
| Q4 25 | $7.9B | $1.7B | ||
| Q3 25 | $8.1B | $1.6B | ||
| Q2 25 | $8.0B | $1.5B | ||
| Q1 25 | $8.0B | $1.4B | ||
| Q4 24 | $8.0B | $1.4B | ||
| Q3 24 | $7.9B | $1.4B | ||
| Q2 24 | $7.9B | $1.3B | ||
| Q1 24 | $7.8B | $1.2B |
总资产HRLPRIM
| Q4 25 | $13.4B | $4.4B | ||
| Q3 25 | $13.5B | $4.6B | ||
| Q2 25 | $13.4B | $4.5B | ||
| Q1 25 | $13.4B | $4.2B | ||
| Q4 24 | $13.4B | $4.2B | ||
| Q3 24 | $13.1B | $4.2B | ||
| Q2 24 | $14.1B | $4.0B | ||
| Q1 24 | $13.5B | $4.0B |
负债/权益比HRLPRIM
| Q4 25 | 0.36× | 0.28× | ||
| Q3 25 | 0.35× | 0.30× | ||
| Q2 25 | 0.35× | 0.39× | ||
| Q1 25 | 0.36× | 0.42× | ||
| Q4 24 | 0.36× | 0.52× | ||
| Q3 24 | 0.36× | 0.67× | ||
| Q2 24 | 0.36× | 0.72× | ||
| Q1 24 | 0.30× | 0.76× |
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 | $322.9M | $142.9M |
| 自由现金流经营现金流 - 资本支出 | $231.4M | $121.1M |
| 自由现金流率自由现金流/营收 | 7.3% | 6.5% |
| 资本支出强度资本支出/营收 | 2.9% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 2.76× |
| 过去12个月自由现金流最近4个季度 | $534.3M | $340.5M |
8季度趋势，按日历期对齐
经营现金流HRLPRIM
| Q4 25 | $322.9M | $142.9M | ||
| Q3 25 | $156.7M | $182.9M | ||
| Q2 25 | $56.4M | $78.5M | ||
| Q1 25 | $309.2M | $66.2M | ||
| Q4 24 | $408.6M | $298.3M | ||
| Q3 24 | $218.0M | $222.5M | ||
| Q2 24 | $236.1M | $16.1M | ||
| Q1 24 | $404.0M | $-28.5M |
自由现金流HRLPRIM
| Q4 25 | $231.4M | $121.1M | ||
| Q3 25 | $84.5M | $148.4M | ||
| Q2 25 | $-18.6M | $45.3M | ||
| Q1 25 | $237.0M | $25.6M | ||
| Q4 24 | $324.8M | $270.0M | ||
| Q3 24 | $152.5M | $158.8M | ||
| Q2 24 | $176.2M | $-8.1M | ||
| Q1 24 | $356.8M | $-38.9M |
自由现金流率HRLPRIM
| Q4 25 | 7.3% | 6.5% | ||
| Q3 25 | 2.8% | 6.8% | ||
| Q2 25 | -0.6% | 2.4% | ||
| Q1 25 | 7.9% | 1.6% | ||
| Q4 24 | 10.4% | 15.5% | ||
| Q3 24 | 5.3% | 9.6% | ||
| Q2 24 | 6.1% | -0.5% | ||
| Q1 24 | 11.9% | -2.8% |
资本支出强度HRLPRIM
| Q4 25 | 2.9% | 1.2% | ||
| Q3 25 | 2.4% | 1.6% | ||
| Q2 25 | 2.6% | 1.8% | ||
| Q1 25 | 2.4% | 2.5% | ||
| Q4 24 | 2.7% | 1.6% | ||
| Q3 24 | 2.3% | 3.9% | ||
| Q2 24 | 2.1% | 1.5% | ||
| Q1 24 | 1.6% | 0.7% |
现金转化率HRLPRIM
| Q4 25 | — | 2.76× | ||
| Q3 25 | 0.85× | 1.93× | ||
| Q2 25 | 0.31× | 0.93× | ||
| Q1 25 | 1.81× | 1.50× | ||
| Q4 24 | 1.86× | 5.53× | ||
| Q3 24 | 1.23× | 3.81× | ||
| Q2 24 | 1.25× | 0.32× | ||
| Q1 24 | 1.85× | -1.50× |
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
HRL
| Retail Segment | $1.9B | 60% |
| Foodservice Segment | $1.1B | 34% |
| Other | $174.7M | 5% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
