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哈贝尔（HUBB）与TUTOR PERINI CORP（TPC）财务数据对比。点击上方公司名可切换其他公司
TUTOR PERINI CORP的季度营收约是哈贝尔的1.0倍（$1.5B vs $1.5B），哈贝尔净利率更高（14.6% vs 1.9%，领先12.7%），TUTOR PERINI CORP同比增速更快（41.2% vs 11.9%），哈贝尔自由现金流更多（$388.8M vs $98.7M），过去两年TUTOR PERINI CORP的营收复合增速更高（19.9% vs 3.3%）
哈贝尔（Hubbell Incorporated）是总部位于美国康涅狄格州谢尔顿的企业，由哈维·哈贝尔于1888年创立，1905年在康涅狄格州正式注册。公司主营电气及电子产品的设计、生产与销售，产品广泛应用于住宅、非住宅建筑、工业及公用事业等多个领域。
Tutor Perini集团是美国顶尖的大型总承包商之一，2008年由Perini公司与Tutor-Saliba公司合并成立，总部位于加利福尼亚州西尔马。公司业务覆盖北美全境，2024年营收约43.3亿美元，核心业务涵盖桥梁、公路、隧道、机场、公共交通系统等民用基建项目，同时也涉足建筑工程领域。
HUBB vs TPC — 直观对比
营收规模更大
TPC
是对方的1.0倍
$1.5B
营收增速更快
TPC
高出29.3%
11.9%
净利率更高
HUBB
高出12.7%
1.9%
自由现金流更多
HUBB
多$290.1M
$98.7M
两年增速更快
TPC
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.5B |
| 净利润 | $217.7M | $28.8M |
| 毛利率 | 34.6% | 9.8% |
| 营业利润率 | 20.3% | 3.3% |
| 净利率 | 14.6% | 1.9% |
| 营收同比 | 11.9% | 41.2% |
| 净利润同比 | 10.5% | 136.3% |
| 每股收益（稀释后） | $4.06 | $0.53 |
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HUBBTPC
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.3B | $1.1B | ||
| Q3 24 | $1.4B | $1.1B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.4B | $1.0B |
净利润HUBBTPC
| Q4 25 | $217.7M | $28.8M | ||
| Q3 25 | $255.5M | $3.6M | ||
| Q2 25 | $244.2M | $20.0M | ||
| Q1 25 | $169.7M | $28.0M | ||
| Q4 24 | $197.0M | $-79.4M | ||
| Q3 24 | $219.4M | $-100.9M | ||
| Q2 24 | $213.6M | $812.0K | ||
| Q1 24 | $147.8M | $15.8M |
毛利率HUBBTPC
| Q4 25 | 34.6% | 9.8% | ||
| Q3 25 | 36.2% | 12.0% | ||
| Q2 25 | 37.2% | 14.3% | ||
| Q1 25 | 33.1% | 10.8% | ||
| Q4 24 | 33.8% | -0.9% | ||
| Q3 24 | 34.5% | -2.4% | ||
| Q2 24 | 35.0% | 10.4% | ||
| Q1 24 | 32.0% | 11.0% |
营业利润率HUBBTPC
| Q4 25 | 20.3% | 3.3% | ||
| Q3 25 | 22.0% | 2.8% | ||
| Q2 25 | 22.7% | 5.6% | ||
| Q1 25 | 17.5% | 5.2% | ||
| Q4 24 | 19.3% | -8.1% | ||
| Q3 24 | 21.1% | -9.9% | ||
| Q2 24 | 20.7% | 3.6% | ||
| Q1 24 | 16.3% | 4.7% |
净利率HUBBTPC
| Q4 25 | 14.6% | 1.9% | ||
| Q3 25 | 17.0% | 0.3% | ||
| Q2 25 | 16.5% | 1.5% | ||
| Q1 25 | 12.4% | 2.2% | ||
| Q4 24 | 14.8% | -7.4% | ||
| Q3 24 | 15.2% | -9.3% | ||
| Q2 24 | 14.7% | 0.1% | ||
| Q1 24 | 10.6% | 1.5% |
每股收益（稀释后）HUBBTPC
| Q4 25 | $4.06 | $0.53 | ||
| Q3 25 | $4.77 | $0.07 | ||
| Q2 25 | $4.56 | $0.38 | ||
| Q1 25 | $3.15 | $0.53 | ||
| Q4 24 | $3.65 | $-1.53 | ||
| Q3 24 | $4.05 | $-1.92 | ||
| Q2 24 | $3.94 | $0.02 | ||
| Q1 24 | $2.73 | $0.30 |
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 | $497.9M | $734.6M |
| 总债务越低越好 | — | $407.4M |
| 股东权益账面价值 | $3.8B | $1.2B |
| 总资产 | $8.2B | $5.2B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资HUBBTPC
| Q4 25 | $497.9M | $734.6M | ||
| Q3 25 | $680.9M | $695.7M | ||
| Q2 25 | $399.6M | $526.1M | ||
| Q1 25 | $360.3M | $276.5M | ||
| Q4 24 | $345.0M | $455.1M | ||
| Q3 24 | $445.6M | $287.4M | ||
| Q2 24 | $406.5M | $267.1M | ||
| Q1 24 | $400.3M | $358.3M |
总债务HUBBTPC
| Q4 25 | — | $407.4M | ||
| Q3 25 | $1.4B | $413.1M | ||
| Q2 25 | $1.4B | $419.4M | ||
| Q1 25 | $1.4B | $405.6M | ||
| Q4 24 | $1.4B | $534.1M | ||
| Q3 24 | $1.7B | $681.4M | ||
| Q2 24 | $1.9B | $676.4M | ||
| Q1 24 | $1.9B | $801.2M |
股东权益HUBBTPC
| Q4 25 | $3.8B | $1.2B | ||
| Q3 25 | $3.7B | $1.2B | ||
| Q2 25 | $3.5B | $1.2B | ||
| Q1 25 | $3.3B | $1.2B | ||
| Q4 24 | $3.3B | $1.1B | ||
| Q3 24 | $3.2B | $1.2B | ||
| Q2 24 | $3.1B | $1.3B | ||
| Q1 24 | $2.9B | $1.3B |
总资产HUBBTPC
| Q4 25 | $8.2B | $5.2B | ||
| Q3 25 | $7.5B | $5.2B | ||
| Q2 25 | $7.1B | $4.9B | ||
| Q1 25 | $6.9B | $4.5B | ||
| Q4 24 | $6.7B | $4.2B | ||
| Q3 24 | $6.9B | $4.4B | ||
| Q2 24 | $6.9B | $4.3B | ||
| Q1 24 | $6.9B | $4.4B |
负债/权益比HUBBTPC
| Q4 25 | — | 0.33× | ||
| Q3 25 | 0.39× | 0.35× | ||
| Q2 25 | 0.41× | 0.35× | ||
| Q1 25 | 0.44× | 0.35× | ||
| Q4 24 | 0.44× | 0.47× | ||
| Q3 24 | 0.51× | 0.56× | ||
| Q2 24 | 0.63× | 0.52× | ||
| Q1 24 | 0.65× | 0.61× |
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 | $447.5M | $173.7M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $98.7M |
| 自由现金流率自由现金流/营收 | 26.0% | 6.5% |
| 资本支出强度资本支出/营收 | 3.9% | 5.0% |
| 现金转化率经营现金流/净利润 | 2.06× | 6.02× |
| 过去12个月自由现金流最近4个季度 | $874.7M | $567.2M |
8季度趋势，按日历期对齐
经营现金流HUBBTPC
| Q4 25 | $447.5M | $173.7M | ||
| Q3 25 | $284.3M | $289.1M | ||
| Q2 25 | $260.6M | $262.4M | ||
| Q1 25 | $37.4M | $22.9M | ||
| Q4 24 | $432.4M | $329.6M | ||
| Q3 24 | $227.0M | $22.6M | ||
| Q2 24 | $239.6M | $53.1M | ||
| Q1 24 | $92.2M | $98.3M |
自由现金流HUBBTPC
| Q4 25 | $388.8M | $98.7M | ||
| Q3 25 | $253.8M | $240.2M | ||
| Q2 25 | $220.7M | $235.6M | ||
| Q1 25 | $11.4M | $-7.2M | ||
| Q4 24 | $364.4M | $320.4M | ||
| Q3 24 | $188.8M | $15.6M | ||
| Q2 24 | $205.7M | $42.2M | ||
| Q1 24 | $51.9M | $87.8M |
自由现金流率HUBBTPC
| Q4 25 | 26.0% | 6.5% | ||
| Q3 25 | 16.9% | 17.0% | ||
| Q2 25 | 14.9% | 17.1% | ||
| Q1 25 | 0.8% | -0.6% | ||
| Q4 24 | 27.3% | 30.0% | ||
| Q3 24 | 13.1% | 1.4% | ||
| Q2 24 | 14.2% | 3.7% | ||
| Q1 24 | 3.7% | 8.4% |
资本支出强度HUBBTPC
| Q4 25 | 3.9% | 5.0% | ||
| Q3 25 | 2.0% | 3.5% | ||
| Q2 25 | 2.7% | 2.0% | ||
| Q1 25 | 1.9% | 2.4% | ||
| Q4 24 | 5.1% | 0.9% | ||
| Q3 24 | 2.6% | 0.6% | ||
| Q2 24 | 2.3% | 1.0% | ||
| Q1 24 | 2.9% | 1.0% |
现金转化率HUBBTPC
| Q4 25 | 2.06× | 6.02× | ||
| Q3 25 | 1.11× | 79.63× | ||
| Q2 25 | 1.07× | 13.14× | ||
| Q1 25 | 0.22× | 0.82× | ||
| Q4 24 | 2.19× | — | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 1.12× | 65.44× | ||
| Q1 24 | 0.62× | 6.24× |
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
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
TPC
| State And Local Agencies | $591.1M | 39% |
| Mass Transit | $449.9M | 30% |
| Federal Agencies | $115.0M | 8% |
| Bridges | $100.5M | 7% |
| Military Facilities | $93.1M | 6% |
| Commercial And Industrial Facilities | $46.7M | 3% |
| Detention Facilities | $43.8M | 3% |
| Power And Energy | $35.8M | 2% |
| Multi Unit Residential | $25.9M | 2% |
| Education Facilities | $12.0M | 1% |
| Water | $3.6M | 0% |
