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国际香精香料（IFF）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
国际香精香料的季度营收约是Primoris Services Corp的1.4倍（$2.6B vs $1.9B），Primoris Services Corp净利率更高（2.8% vs 0.2%，领先2.6%），Primoris Services Corp同比增速更快（6.7% vs -6.6%），国际香精香料自由现金流更多（$130.0M vs $121.1M），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs -5.5%）
国际香精香料（IFF）是美国知名企业，业务覆盖风味、质感、香氛、营养、酶制剂、菌种、大豆蛋白、益生菌等多品类产品研发，产品行销全球。公司总部位于纽约，在44个国家设有创意、销售及生产基地，是标普500指数成分股企业。
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。
IFF vs PRIM — 直观对比
营收规模更大
IFF
是对方的1.4倍
$1.9B
营收增速更快
PRIM
高出13.2%
-6.6%
净利率更高
PRIM
高出2.6%
0.2%
自由现金流更多
IFF
多$8.9M
$121.1M
两年增速更快
PRIM
近两年复合增速
-5.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.9B |
| 净利润 | $5.0M | $51.7M |
| 毛利率 | 34.4% | 9.4% |
| 营业利润率 | 3.7% | 4.2% |
| 净利率 | 0.2% | 2.8% |
| 营收同比 | -6.6% | 6.7% |
| 净利润同比 | 110.9% | -4.2% |
| 每股收益（稀释后） | $0.03 | $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IFFPRIM
| Q4 25 | $2.6B | $1.9B | ||
| Q3 25 | $2.7B | $2.2B | ||
| Q2 25 | $2.8B | $1.9B | ||
| Q1 25 | $2.8B | $1.6B | ||
| Q4 24 | $2.8B | $1.7B | ||
| Q3 24 | $2.9B | $1.6B | ||
| Q2 24 | $2.9B | $1.6B | ||
| Q1 24 | $2.9B | $1.4B |
净利润IFFPRIM
| Q4 25 | $5.0M | $51.7M | ||
| Q3 25 | $40.0M | $94.6M | ||
| Q2 25 | $612.0M | $84.3M | ||
| Q1 25 | $-1.0B | $44.2M | ||
| Q4 24 | $-46.0M | $54.0M | ||
| Q3 24 | $59.0M | $58.4M | ||
| Q2 24 | $170.0M | $49.5M | ||
| Q1 24 | $60.0M | $18.9M |
毛利率IFFPRIM
| Q4 25 | 34.4% | 9.4% | ||
| Q3 25 | 36.5% | 10.8% | ||
| Q2 25 | 37.3% | 12.3% | ||
| Q1 25 | 36.4% | 10.4% | ||
| Q4 24 | 35.4% | 10.6% | ||
| Q3 24 | 36.0% | 12.0% | ||
| Q2 24 | 37.0% | 11.9% | ||
| Q1 24 | 35.3% | 9.4% |
营业利润率IFFPRIM
| Q4 25 | 3.7% | 4.2% | ||
| Q3 25 | 8.4% | 6.3% | ||
| Q2 25 | 7.2% | 6.7% | ||
| Q1 25 | -31.8% | 4.3% | ||
| Q4 24 | 4.6% | 5.0% | ||
| Q3 24 | 8.5% | 6.0% | ||
| Q2 24 | 6.6% | 5.5% | ||
| Q1 24 | 6.9% | 3.1% |
净利率IFFPRIM
| Q4 25 | 0.2% | 2.8% | ||
| Q3 25 | 1.5% | 4.3% | ||
| Q2 25 | 22.1% | 4.5% | ||
| Q1 25 | -35.8% | 2.7% | ||
| Q4 24 | -1.7% | 3.1% | ||
| Q3 24 | 2.0% | 3.5% | ||
| Q2 24 | 5.9% | 3.2% | ||
| Q1 24 | 2.1% | 1.3% |
每股收益（稀释后）IFFPRIM
| Q4 25 | $0.03 | $0.94 | ||
| Q3 25 | $0.16 | $1.73 | ||
| Q2 25 | $2.38 | $1.54 | ||
| Q1 25 | $-3.98 | $0.81 | ||
| Q4 24 | $-0.17 | $0.98 | ||
| Q3 24 | $0.23 | $1.07 | ||
| Q2 24 | $0.66 | $0.91 | ||
| Q1 24 | $0.23 | $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 | $590.0M | $535.5M |
| 总债务越低越好 | $5.6B | $469.9M |
| 股东权益账面价值 | $14.2B | $1.7B |
| 总资产 | $25.5B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.40× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资IFFPRIM
| Q4 25 | $590.0M | $535.5M | ||
| Q3 25 | $621.0M | $431.4M | ||
| Q2 25 | $816.0M | $390.3M | ||
| Q1 25 | $613.0M | $351.6M | ||
| Q4 24 | $469.0M | $455.8M | ||
| Q3 24 | $567.0M | $352.7M | ||
| Q2 24 | $671.0M | $207.4M | ||
| Q1 24 | $732.0M | $177.6M |
总债务IFFPRIM
| Q4 25 | $5.6B | $469.9M | ||
| Q3 25 | — | $486.0M | ||
| Q2 25 | — | $603.1M | ||
| Q1 25 | — | $612.0M | ||
| Q4 24 | $8.9B | $734.8M | ||
| Q3 24 | — | $903.7M | ||
| Q2 24 | — | $933.0M | ||
| Q1 24 | — | $951.7M |
股东权益IFFPRIM
| Q4 25 | $14.2B | $1.7B | ||
| Q3 25 | $14.2B | $1.6B | ||
| Q2 25 | $14.4B | $1.5B | ||
| Q1 25 | $13.2B | $1.4B | ||
| Q4 24 | $13.9B | $1.4B | ||
| Q3 24 | $14.8B | $1.4B | ||
| Q2 24 | $14.3B | $1.3B | ||
| Q1 24 | $14.3B | $1.2B |
总资产IFFPRIM
| Q4 25 | $25.5B | $4.4B | ||
| Q3 25 | $25.8B | $4.6B | ||
| Q2 25 | $26.1B | $4.5B | ||
| Q1 25 | $28.3B | $4.2B | ||
| Q4 24 | $28.7B | $4.2B | ||
| Q3 24 | $29.9B | $4.2B | ||
| Q2 24 | $29.5B | $4.0B | ||
| Q1 24 | $30.6B | $4.0B |
负债/权益比IFFPRIM
| Q4 25 | 0.40× | 0.28× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | 0.64× | 0.52× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.72× | ||
| Q1 24 | — | 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 | $318.0M | $142.9M |
| 自由现金流经营现金流 - 资本支出 | $130.0M | $121.1M |
| 自由现金流率自由现金流/营收 | 5.0% | 6.5% |
| 资本支出强度资本支出/营收 | 7.3% | 1.2% |
| 现金转化率经营现金流/净利润 | 63.60× | 2.76× |
| 过去12个月自由现金流最近4个季度 | $256.0M | $340.5M |
8季度趋势，按日历期对齐
经营现金流IFFPRIM
| Q4 25 | $318.0M | $142.9M | ||
| Q3 25 | $164.0M | $182.9M | ||
| Q2 25 | $241.0M | $78.5M | ||
| Q1 25 | $127.0M | $66.2M | ||
| Q4 24 | $368.0M | $298.3M | ||
| Q3 24 | $366.0M | $222.5M | ||
| Q2 24 | $237.0M | $16.1M | ||
| Q1 24 | $99.0M | $-28.5M |
自由现金流IFFPRIM
| Q4 25 | $130.0M | $121.1M | ||
| Q3 25 | $32.0M | $148.4M | ||
| Q2 25 | $146.0M | $45.3M | ||
| Q1 25 | $-52.0M | $25.6M | ||
| Q4 24 | $208.0M | $270.0M | ||
| Q3 24 | $263.0M | $158.8M | ||
| Q2 24 | $155.0M | $-8.1M | ||
| Q1 24 | $-19.0M | $-38.9M |
自由现金流率IFFPRIM
| Q4 25 | 5.0% | 6.5% | ||
| Q3 25 | 1.2% | 6.8% | ||
| Q2 25 | 5.3% | 2.4% | ||
| Q1 25 | -1.8% | 1.6% | ||
| Q4 24 | 7.5% | 15.5% | ||
| Q3 24 | 9.0% | 9.6% | ||
| Q2 24 | 5.4% | -0.5% | ||
| Q1 24 | -0.7% | -2.8% |
资本支出强度IFFPRIM
| Q4 25 | 7.3% | 1.2% | ||
| Q3 25 | 4.9% | 1.6% | ||
| Q2 25 | 3.4% | 1.8% | ||
| Q1 25 | 6.3% | 2.5% | ||
| Q4 24 | 5.8% | 1.6% | ||
| Q3 24 | 3.5% | 3.9% | ||
| Q2 24 | 2.8% | 1.5% | ||
| Q1 24 | 4.1% | 0.7% |
现金转化率IFFPRIM
| Q4 25 | 63.60× | 2.76× | ||
| Q3 25 | 4.10× | 1.93× | ||
| Q2 25 | 0.39× | 0.93× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | — | 5.53× | ||
| Q3 24 | 6.20× | 3.81× | ||
| Q2 24 | 1.39× | 0.32× | ||
| Q1 24 | 1.65× | -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
IFF
| Food Ingredients | $802.0M | 31% |
| Scent | $610.0M | 24% |
| Other | $589.0M | 23% |
| Taste | $588.0M | 23% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
