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IES Holdings, Inc.（IESC）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
瑞思迈的季度营收约是IES Holdings, Inc.的1.6倍（$1.4B vs $871.0M），瑞思迈净利率更高（27.6% vs 10.5%，领先17.1%），IES Holdings, Inc.同比增速更快（16.2% vs 11.0%），瑞思迈自由现金流更多（$311.2M vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs 9.0%）
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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
IESC vs RMD — 直观对比
营收规模更大
RMD
是对方的1.6倍
$871.0M
营收增速更快
IESC
高出5.2%
11.0%
净利率更高
RMD
高出17.1%
10.5%
自由现金流更多
RMD
多$330.1M
$-18.9M
两年增速更快
IESC
近两年复合增速
9.0%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $871.0M | $1.4B |
| 净利润 | $91.8M | $392.6M |
| 毛利率 | 25.3% | 61.8% |
| 营业利润率 | 11.2% | 34.6% |
| 净利率 | 10.5% | 27.6% |
| 营收同比 | 16.2% | 11.0% |
| 净利润同比 | 59.1% | 13.9% |
| 每股收益（稀释后） | $4.51 | $2.68 |
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IESCRMD
| Q4 25 | $871.0M | $1.4B | ||
| Q3 25 | $897.8M | $1.3B | ||
| Q2 25 | $890.2M | $1.3B | ||
| Q1 25 | $834.0M | $1.3B | ||
| Q4 24 | $749.5M | $1.3B | ||
| Q3 24 | $775.8M | $1.2B | ||
| Q2 24 | $768.4M | $1.2B | ||
| Q1 24 | $705.7M | $1.2B |
净利润IESCRMD
| Q4 25 | $91.8M | $392.6M | ||
| Q3 25 | $102.3M | $348.5M | ||
| Q2 25 | $79.3M | $379.7M | ||
| Q1 25 | $72.6M | $365.0M | ||
| Q4 24 | $57.7M | $344.6M | ||
| Q3 24 | $65.5M | $311.4M | ||
| Q2 24 | $66.6M | $292.2M | ||
| Q1 24 | $56.8M | $300.5M |
毛利率IESCRMD
| Q4 25 | 25.3% | 61.8% | ||
| Q3 25 | 26.0% | 61.5% | ||
| Q2 25 | 26.9% | 60.8% | ||
| Q1 25 | 25.0% | 59.3% | ||
| Q4 24 | 23.8% | 58.6% | ||
| Q3 24 | 24.0% | 58.6% | ||
| Q2 24 | 25.3% | 58.5% | ||
| Q1 24 | 24.3% | 57.9% |
营业利润率IESCRMD
| Q4 25 | 11.2% | 34.6% | ||
| Q3 25 | 11.6% | 33.4% | ||
| Q2 25 | 12.6% | 33.7% | ||
| Q1 25 | 11.1% | 33.0% | ||
| Q4 24 | 10.0% | 32.5% | ||
| Q3 24 | 9.7% | 31.6% | ||
| Q2 24 | 11.7% | 31.2% | ||
| Q1 24 | 11.0% | 31.3% |
净利率IESCRMD
| Q4 25 | 10.5% | 27.6% | ||
| Q3 25 | 11.4% | 26.1% | ||
| Q2 25 | 8.9% | 28.2% | ||
| Q1 25 | 8.7% | 28.3% | ||
| Q4 24 | 7.7% | 26.9% | ||
| Q3 24 | 8.4% | 25.4% | ||
| Q2 24 | 8.7% | 23.9% | ||
| Q1 24 | 8.0% | 25.1% |
每股收益（稀释后）IESCRMD
| Q4 25 | $4.51 | $2.68 | ||
| Q3 25 | $4.99 | $2.37 | ||
| Q2 25 | $3.81 | $2.58 | ||
| Q1 25 | $3.50 | $2.48 | ||
| Q4 24 | $2.72 | $2.34 | ||
| Q3 24 | $3.06 | $2.11 | ||
| Q2 24 | $2.67 | $1.97 | ||
| Q1 24 | $2.29 | $2.04 |
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 | $1.4B |
| 总债务越低越好 | — | $403.9M |
| 股东权益账面价值 | $961.1M | $6.3B |
| 总资产 | $1.7B | $8.5B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资IESCRMD
| Q4 25 | $258.7M | $1.4B | ||
| Q3 25 | $231.8M | $1.4B | ||
| Q2 25 | $168.3M | $1.2B | ||
| Q1 25 | $88.3M | $932.7M | ||
| Q4 24 | $112.0M | $521.9M | ||
| Q3 24 | $135.8M | $426.4M | ||
| Q2 24 | $44.9M | $238.4M | ||
| Q1 24 | $106.0M | $237.9M |
总债务IESCRMD
| Q4 25 | — | $403.9M | ||
| Q3 25 | — | $408.7M | ||
| Q2 25 | — | $658.4M | ||
| Q1 25 | — | $663.1M | ||
| Q4 24 | — | $662.9M | ||
| Q3 24 | — | $667.6M | ||
| Q2 24 | — | $697.3M | ||
| Q1 24 | — | $997.0M |
股东权益IESCRMD
| Q4 25 | $961.1M | $6.3B | ||
| Q3 25 | $884.0M | $6.1B | ||
| Q2 25 | $781.4M | $6.0B | ||
| Q1 25 | $705.8M | $5.5B | ||
| Q4 24 | $652.4M | $5.3B | ||
| Q3 24 | $611.1M | $5.2B | ||
| Q2 24 | $567.5M | $4.9B | ||
| Q1 24 | $534.8M | $4.6B |
总资产IESCRMD
| Q4 25 | $1.7B | $8.5B | ||
| Q3 25 | $1.6B | $8.3B | ||
| Q2 25 | $1.5B | $8.2B | ||
| Q1 25 | $1.4B | $7.6B | ||
| Q4 24 | $1.3B | $7.1B | ||
| Q3 24 | $1.2B | $7.2B | ||
| Q2 24 | $1.2B | $6.9B | ||
| Q1 24 | $1.1B | $6.8B |
负债/权益比IESCRMD
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.22× |
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 | $339.7M |
| 自由现金流经营现金流 - 资本支出 | $-18.9M | $311.2M |
| 自由现金流率自由现金流/营收 | -2.2% | 21.9% |
| 资本支出强度资本支出/营收 | 5.3% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.30× | 0.87× |
| 过去12个月自由现金流最近4个季度 | $175.9M | $1.8B |
8季度趋势，按日历期对齐
经营现金流IESCRMD
| Q4 25 | $27.7M | $339.7M | ||
| Q3 25 | $132.0M | $457.3M | ||
| Q2 25 | $92.0M | $538.8M | ||
| Q1 25 | $24.8M | $578.7M | ||
| Q4 24 | $37.3M | $308.6M | ||
| Q3 24 | $92.8M | $325.5M | ||
| Q2 24 | $82.9M | $440.1M | ||
| Q1 24 | $33.7M | $402.0M |
自由现金流IESCRMD
| Q4 25 | $-18.9M | $311.2M | ||
| Q3 25 | $112.0M | $414.4M | ||
| Q2 25 | $74.8M | $508.2M | ||
| Q1 25 | $7.9M | $557.9M | ||
| Q4 24 | $24.1M | $288.0M | ||
| Q3 24 | $78.5M | $307.7M | ||
| Q2 24 | $65.4M | $415.2M | ||
| Q1 24 | $26.9M | $380.8M |
自由现金流率IESCRMD
| Q4 25 | -2.2% | 21.9% | ||
| Q3 25 | 12.5% | 31.0% | ||
| Q2 25 | 8.4% | 37.7% | ||
| Q1 25 | 0.9% | 43.2% | ||
| Q4 24 | 3.2% | 22.5% | ||
| Q3 24 | 10.1% | 25.1% | ||
| Q2 24 | 8.5% | 33.9% | ||
| Q1 24 | 3.8% | 31.8% |
资本支出强度IESCRMD
| Q4 25 | 5.3% | 2.0% | ||
| Q3 25 | 2.2% | 3.2% | ||
| Q2 25 | 1.9% | 2.3% | ||
| Q1 25 | 2.0% | 1.6% | ||
| Q4 24 | 1.8% | 1.6% | ||
| Q3 24 | 1.8% | 1.5% | ||
| Q2 24 | 2.3% | 2.0% | ||
| Q1 24 | 1.0% | 1.8% |
现金转化率IESCRMD
| Q4 25 | 0.30× | 0.87× | ||
| Q3 25 | 1.29× | 1.31× | ||
| Q2 25 | 1.16× | 1.42× | ||
| Q1 25 | 0.34× | 1.59× | ||
| Q4 24 | 0.65× | 0.90× | ||
| Q3 24 | 1.42× | 1.05× | ||
| Q2 24 | 1.24× | 1.51× | ||
| Q1 24 | 0.59× | 1.34× |
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% |
RMD
| Sleep And Breathing Health | $1.3B | 88% |
| Residential Care Software | $166.9M | 12% |
