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Installed Building Products, Inc.（IBP）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
Installed Building Products, Inc.的季度营收约是UiPath, Inc.的1.8倍（$747.5M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 10.2%，领先38.1%），UiPath, Inc.同比增速更快（15.9% vs -0.4%），Installed Building Products, Inc.自由现金流更多（$49.3M vs $25.1M），过去两年Installed Building Products, Inc.的营收复合增速更高（3.9% vs 0.7%）
Installed Building Products, Inc.是美国领先的建筑产品安装服务商，主营绝缘材料、排水沟、车库门、消防系统及窗帘等产品的专业安装服务，覆盖住宅新建、翻新改造及商业建筑三大领域，业务遍及美国大部分地区。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
IBP vs PATH — 直观对比
营收规模更大
IBP
是对方的1.8倍
$411.1M
营收增速更快
PATH
高出16.3%
-0.4%
净利率更高
PATH
高出38.1%
10.2%
自由现金流更多
IBP
多$24.2M
$25.1M
两年增速更快
IBP
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $747.5M | $411.1M |
| 净利润 | $76.6M | $198.8M |
| 毛利率 | 35.0% | 83.3% |
| 营业利润率 | 14.6% | 3.2% |
| 净利率 | 10.2% | 48.4% |
| 营收同比 | -0.4% | 15.9% |
| 净利润同比 | 14.5% | 1966.2% |
| 每股收益（稀释后） | $2.81 | $0.37 |
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IBPPATH
| Q4 25 | $747.5M | $411.1M | ||
| Q3 25 | $778.2M | $361.7M | ||
| Q2 25 | $760.3M | $356.6M | ||
| Q1 25 | $684.8M | $423.6M | ||
| Q4 24 | $750.2M | $354.7M | ||
| Q3 24 | $760.6M | $316.3M | ||
| Q2 24 | $737.6M | $335.1M | ||
| Q1 24 | $692.9M | $405.3M |
净利润IBPPATH
| Q4 25 | $76.6M | $198.8M | ||
| Q3 25 | $74.4M | $1.6M | ||
| Q2 25 | $69.0M | $-22.6M | ||
| Q1 25 | $45.4M | $51.8M | ||
| Q4 24 | $66.9M | $-10.7M | ||
| Q3 24 | $68.6M | $-86.1M | ||
| Q2 24 | $65.2M | $-28.7M | ||
| Q1 24 | $55.9M | $33.9M |
毛利率IBPPATH
| Q4 25 | 35.0% | 83.3% | ||
| Q3 25 | 34.0% | 82.2% | ||
| Q2 25 | 34.2% | 82.1% | ||
| Q1 25 | 32.7% | 84.8% | ||
| Q4 24 | 33.6% | 82.0% | ||
| Q3 24 | 33.8% | 80.0% | ||
| Q2 24 | 34.1% | 83.5% | ||
| Q1 24 | 33.8% | 86.8% |
营业利润率IBPPATH
| Q4 25 | 14.6% | 3.2% | ||
| Q3 25 | 13.7% | -5.6% | ||
| Q2 25 | 13.3% | -4.6% | ||
| Q1 25 | 10.2% | 7.9% | ||
| Q4 24 | 13.1% | -12.2% | ||
| Q3 24 | 13.3% | -32.7% | ||
| Q2 24 | 12.9% | -14.8% | ||
| Q1 24 | 12.7% | 3.7% |
净利率IBPPATH
| Q4 25 | 10.2% | 48.4% | ||
| Q3 25 | 9.6% | 0.4% | ||
| Q2 25 | 9.1% | -6.3% | ||
| Q1 25 | 6.6% | 12.2% | ||
| Q4 24 | 8.9% | -3.0% | ||
| Q3 24 | 9.0% | -27.2% | ||
| Q2 24 | 8.8% | -8.6% | ||
| Q1 24 | 8.1% | 8.4% |
每股收益（稀释后）IBPPATH
| Q4 25 | $2.81 | $0.37 | ||
| Q3 25 | $2.74 | $0.00 | ||
| Q2 25 | $2.52 | $-0.04 | ||
| Q1 25 | $1.64 | $0.09 | ||
| Q4 24 | $2.39 | $-0.02 | ||
| Q3 24 | $2.44 | $-0.15 | ||
| Q2 24 | $2.30 | $-0.05 | ||
| Q1 24 | $1.97 | $0.07 |
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 | $321.9M | $1.4B |
| 总债务越低越好 | $886.6M | — |
| 股东权益账面价值 | $709.9M | $1.9B |
| 总资产 | $2.1B | $2.9B |
| 负债/权益比越低杠杆越低 | 1.25× | — |
8季度趋势，按日历期对齐
现金及短期投资IBPPATH
| Q4 25 | $321.9M | $1.4B | ||
| Q3 25 | $333.3M | $1.4B | ||
| Q2 25 | $305.2M | $1.6B | ||
| Q1 25 | $298.7M | $1.6B | ||
| Q4 24 | $327.6M | $1.6B | ||
| Q3 24 | $406.2M | $1.7B | ||
| Q2 24 | $380.3M | $1.9B | ||
| Q1 24 | $399.9M | $1.9B |
总债务IBPPATH
| Q4 25 | $886.6M | — | ||
| Q3 25 | $880.8M | — | ||
| Q2 25 | $876.1M | — | ||
| Q1 25 | $872.4M | — | ||
| Q4 24 | $874.8M | — | ||
| Q3 24 | $872.3M | — | ||
| Q2 24 | $875.8M | — | ||
| Q1 24 | $875.0M | — |
股东权益IBPPATH
| Q4 25 | $709.9M | $1.9B | ||
| Q3 25 | $678.6M | $1.7B | ||
| Q2 25 | $664.5M | $1.7B | ||
| Q1 25 | $660.9M | $1.8B | ||
| Q4 24 | $705.3M | $1.7B | ||
| Q3 24 | $716.4M | $1.8B | ||
| Q2 24 | $685.3M | $2.0B | ||
| Q1 24 | $679.2M | $2.0B |
总资产IBPPATH
| Q4 25 | $2.1B | $2.9B | ||
| Q3 25 | $2.1B | $2.6B | ||
| Q2 25 | $2.0B | $2.6B | ||
| Q1 25 | $2.0B | $2.9B | ||
| Q4 24 | $2.1B | $2.7B | ||
| Q3 24 | $2.1B | $2.7B | ||
| Q2 24 | $2.0B | $2.8B | ||
| Q1 24 | $2.0B | $3.0B |
负债/权益比IBPPATH
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.32× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 1.24× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.29× | — |
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 | $64.9M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $49.3M | $25.1M |
| 自由现金流率自由现金流/营收 | 6.6% | 6.1% |
| 资本支出强度资本支出/营收 | 2.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 0.85× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $300.8M | — |
8季度趋势，按日历期对齐
经营现金流IBPPATH
| Q4 25 | $64.9M | $28.3M | ||
| Q3 25 | $124.0M | $41.6M | ||
| Q2 25 | $90.4M | $119.0M | ||
| Q1 25 | $92.1M | $146.1M | ||
| Q4 24 | $74.8M | $28.1M | ||
| Q3 24 | $101.4M | $46.4M | ||
| Q2 24 | $79.0M | $100.0M | ||
| Q1 24 | $84.8M | $145.6M |
自由现金流IBPPATH
| Q4 25 | $49.3M | $25.1M | ||
| Q3 25 | $104.8M | — | ||
| Q2 25 | $74.8M | $106.2M | ||
| Q1 25 | $71.9M | $138.7M | ||
| Q4 24 | $52.9M | $23.2M | ||
| Q3 24 | $77.3M | $45.0M | ||
| Q2 24 | $58.2M | $98.8M | ||
| Q1 24 | $63.0M | $141.8M |
自由现金流率IBPPATH
| Q4 25 | 6.6% | 6.1% | ||
| Q3 25 | 13.5% | — | ||
| Q2 25 | 9.8% | 29.8% | ||
| Q1 25 | 10.5% | 32.7% | ||
| Q4 24 | 7.1% | 6.5% | ||
| Q3 24 | 10.2% | 14.2% | ||
| Q2 24 | 7.9% | 29.5% | ||
| Q1 24 | 9.1% | 35.0% |
资本支出强度IBPPATH
| Q4 25 | 2.1% | 0.8% | ||
| Q3 25 | 2.5% | 0.0% | ||
| Q2 25 | 2.1% | 3.6% | ||
| Q1 25 | 2.9% | 1.7% | ||
| Q4 24 | 2.9% | 1.4% | ||
| Q3 24 | 3.2% | 0.4% | ||
| Q2 24 | 2.8% | 0.4% | ||
| Q1 24 | 3.1% | 0.9% |
现金转化率IBPPATH
| Q4 25 | 0.85× | 0.14× | ||
| Q3 25 | 1.67× | 26.25× | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 2.03× | 2.82× | ||
| Q4 24 | 1.12× | — | ||
| Q3 24 | 1.48× | — | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 1.52× | 4.29× |
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
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
