vs
IES Holdings, Inc.（IESC）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
IES Holdings, Inc.的季度营收约是美森的1.0倍（$871.0M vs $851.9M），美森净利率更高（16.8% vs 10.5%，领先6.3%），IES Holdings, Inc.同比增速更快（16.2% vs -4.3%），美森自由现金流更多（$42.2M vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs 8.6%）
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
IESC vs MATX — 直观对比
营收规模更大
IESC
是对方的1.0倍
$851.9M
营收增速更快
IESC
高出20.5%
-4.3%
净利率更高
MATX
高出6.3%
10.5%
自由现金流更多
MATX
多$61.1M
$-18.9M
两年增速更快
IESC
近两年复合增速
8.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $871.0M | $851.9M |
| 净利润 | $91.8M | $143.1M |
| 毛利率 | 25.3% | — |
| 营业利润率 | 11.2% | 16.9% |
| 净利率 | 10.5% | 16.8% |
| 营收同比 | 16.2% | -4.3% |
| 净利润同比 | 59.1% | 11.8% |
| 每股收益（稀释后） | $4.51 | $4.47 |
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IESCMATX
| Q4 25 | $871.0M | $851.9M | ||
| Q3 25 | $897.8M | $880.1M | ||
| Q2 25 | $890.2M | $830.5M | ||
| Q1 25 | $834.0M | $782.0M | ||
| Q4 24 | $749.5M | $890.3M | ||
| Q3 24 | $775.8M | $962.0M | ||
| Q2 24 | $768.4M | $847.4M | ||
| Q1 24 | $705.7M | $722.1M |
净利润IESCMATX
| Q4 25 | $91.8M | $143.1M | ||
| Q3 25 | $102.3M | $134.7M | ||
| Q2 25 | $79.3M | $94.7M | ||
| Q1 25 | $72.6M | $72.3M | ||
| Q4 24 | $57.7M | $128.0M | ||
| Q3 24 | $65.5M | $199.1M | ||
| Q2 24 | $66.6M | $113.2M | ||
| Q1 24 | $56.8M | $36.1M |
毛利率IESCMATX
| Q4 25 | 25.3% | — | ||
| Q3 25 | 26.0% | — | ||
| Q2 25 | 26.9% | — | ||
| Q1 25 | 25.0% | — | ||
| Q4 24 | 23.8% | — | ||
| Q3 24 | 24.0% | — | ||
| Q2 24 | 25.3% | — | ||
| Q1 24 | 24.3% | — |
营业利润率IESCMATX
| Q4 25 | 11.2% | 16.9% | ||
| Q3 25 | 11.6% | 18.3% | ||
| Q2 25 | 12.6% | 13.6% | ||
| Q1 25 | 11.1% | 10.5% | ||
| Q4 24 | 10.0% | 16.6% | ||
| Q3 24 | 9.7% | 25.2% | ||
| Q2 24 | 11.7% | 14.7% | ||
| Q1 24 | 11.0% | 5.1% |
净利率IESCMATX
| Q4 25 | 10.5% | 16.8% | ||
| Q3 25 | 11.4% | 15.3% | ||
| Q2 25 | 8.9% | 11.4% | ||
| Q1 25 | 8.7% | 9.2% | ||
| Q4 24 | 7.7% | 14.4% | ||
| Q3 24 | 8.4% | 20.7% | ||
| Q2 24 | 8.7% | 13.4% | ||
| Q1 24 | 8.0% | 5.0% |
每股收益（稀释后）IESCMATX
| Q4 25 | $4.51 | $4.47 | ||
| Q3 25 | $4.99 | $4.24 | ||
| Q2 25 | $3.81 | $2.92 | ||
| Q1 25 | $3.50 | $2.18 | ||
| Q4 24 | $2.72 | $3.69 | ||
| Q3 24 | $3.06 | $5.89 | ||
| Q2 24 | $2.67 | $3.31 | ||
| Q1 24 | $2.29 | $1.04 |
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 | $258.7M | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $961.1M | $2.8B |
| 总资产 | $1.7B | $4.6B |
| 负债/权益比越低杠杆越低 | — | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资IESCMATX
| Q4 25 | $258.7M | $141.9M | ||
| Q3 25 | $231.8M | $92.7M | ||
| Q2 25 | $168.3M | $59.1M | ||
| Q1 25 | $88.3M | $122.0M | ||
| Q4 24 | $112.0M | $266.8M | ||
| Q3 24 | $135.8M | $270.3M | ||
| Q2 24 | $44.9M | $168.2M | ||
| Q1 24 | $106.0M | $25.9M |
总债务IESCMATX
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | — | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M | ||
| Q1 24 | — | $390.8M |
股东权益IESCMATX
| Q4 25 | $961.1M | $2.8B | ||
| Q3 25 | $884.0M | $2.7B | ||
| Q2 25 | $781.4M | $2.6B | ||
| Q1 25 | $705.8M | $2.6B | ||
| Q4 24 | $652.4M | $2.7B | ||
| Q3 24 | $611.1M | $2.6B | ||
| Q2 24 | $567.5M | $2.4B | ||
| Q1 24 | $534.8M | $2.4B |
总资产IESCMATX
| Q4 25 | $1.7B | $4.6B | ||
| Q3 25 | $1.6B | $4.6B | ||
| Q2 25 | $1.5B | $4.5B | ||
| Q1 25 | $1.4B | $4.5B | ||
| Q4 24 | $1.3B | $4.6B | ||
| Q3 24 | $1.2B | $4.4B | ||
| Q2 24 | $1.2B | $4.3B | ||
| Q1 24 | $1.1B | $4.2B |
负债/权益比IESCMATX
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× | ||
| Q1 24 | — | 0.16× |
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 | $27.7M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $-18.9M | $42.2M |
| 自由现金流率自由现金流/营收 | -2.2% | 5.0% |
| 资本支出强度资本支出/营收 | 5.3% | 15.8% |
| 现金转化率经营现金流/净利润 | 0.30× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $175.9M | $153.7M |
8季度趋势，按日历期对齐
经营现金流IESCMATX
| Q4 25 | $27.7M | $176.9M | ||
| Q3 25 | $132.0M | $175.6M | ||
| Q2 25 | $92.0M | $105.6M | ||
| Q1 25 | $24.8M | $89.0M | ||
| Q4 24 | $37.3M | $174.7M | ||
| Q3 24 | $92.8M | $248.6M | ||
| Q2 24 | $82.9M | $307.9M | ||
| Q1 24 | $33.7M | $36.6M |
自由现金流IESCMATX
| Q4 25 | $-18.9M | $42.2M | ||
| Q3 25 | $112.0M | $92.4M | ||
| Q2 25 | $74.8M | $19.3M | ||
| Q1 25 | $7.9M | $-200.0K | ||
| Q4 24 | $24.1M | $49.3M | ||
| Q3 24 | $78.5M | $189.0M | ||
| Q2 24 | $65.4M | $238.1M | ||
| Q1 24 | $26.9M | $-18.7M |
自由现金流率IESCMATX
| Q4 25 | -2.2% | 5.0% | ||
| Q3 25 | 12.5% | 10.5% | ||
| Q2 25 | 8.4% | 2.3% | ||
| Q1 25 | 0.9% | -0.0% | ||
| Q4 24 | 3.2% | 5.5% | ||
| Q3 24 | 10.1% | 19.6% | ||
| Q2 24 | 8.5% | 28.1% | ||
| Q1 24 | 3.8% | -2.6% |
资本支出强度IESCMATX
| Q4 25 | 5.3% | 15.8% | ||
| Q3 25 | 2.2% | 9.5% | ||
| Q2 25 | 1.9% | 10.4% | ||
| Q1 25 | 2.0% | 11.4% | ||
| Q4 24 | 1.8% | 14.1% | ||
| Q3 24 | 1.8% | 6.2% | ||
| Q2 24 | 2.3% | 8.2% | ||
| Q1 24 | 1.0% | 7.7% |
现金转化率IESCMATX
| Q4 25 | 0.30× | 1.24× | ||
| Q3 25 | 1.29× | 1.30× | ||
| Q2 25 | 1.16× | 1.12× | ||
| Q1 25 | 0.34× | 1.23× | ||
| Q4 24 | 0.65× | 1.36× | ||
| Q3 24 | 1.42× | 1.25× | ||
| Q2 24 | 1.24× | 2.72× | ||
| Q1 24 | 0.59× | 1.01× |
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
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
