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宜瑞安（INGR）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
Primoris Services Corp的季度营收约是宜瑞安的1.1倍（$1.9B vs $1.8B），宜瑞安净利率更高（9.5% vs 2.8%，领先6.7%），Primoris Services Corp同比增速更快（6.7% vs -2.4%），宜瑞安自由现金流更多（$270.0M vs $121.1M），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs -3.4%）
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
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。
INGR vs PRIM — 直观对比
营收规模更大
PRIM
是对方的1.1倍
$1.8B
营收增速更快
PRIM
高出9.1%
-2.4%
净利率更高
INGR
高出6.7%
2.8%
自由现金流更多
INGR
多$148.9M
$121.1M
两年增速更快
PRIM
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.9B |
| 净利润 | $167.0M | $51.7M |
| 毛利率 | 24.5% | 9.4% |
| 营业利润率 | 12.5% | 4.2% |
| 净利率 | 9.5% | 2.8% |
| 营收同比 | -2.4% | 6.7% |
| 净利润同比 | 72.2% | -4.2% |
| 每股收益（稀释后） | $2.58 | $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INGRPRIM
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | $1.8B | $1.9B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $1.9B | $1.6B | ||
| Q1 24 | $1.9B | $1.4B |
净利润INGRPRIM
| Q4 25 | $167.0M | $51.7M | ||
| Q3 25 | $171.0M | $94.6M | ||
| Q2 25 | $196.0M | $84.3M | ||
| Q1 25 | $197.0M | $44.2M | ||
| Q4 24 | $97.0M | $54.0M | ||
| Q3 24 | $188.0M | $58.4M | ||
| Q2 24 | $148.0M | $49.5M | ||
| Q1 24 | $216.0M | $18.9M |
毛利率INGRPRIM
| Q4 25 | 24.5% | 9.4% | ||
| Q3 25 | 25.1% | 10.8% | ||
| Q2 25 | 26.0% | 12.3% | ||
| Q1 25 | 25.7% | 10.4% | ||
| Q4 24 | 24.9% | 10.6% | ||
| Q3 24 | 25.6% | 12.0% | ||
| Q2 24 | 23.7% | 11.9% | ||
| Q1 24 | 22.2% | 9.4% |
营业利润率INGRPRIM
| Q4 25 | 12.5% | 4.2% | ||
| Q3 25 | 13.7% | 6.3% | ||
| Q2 25 | 14.8% | 6.7% | ||
| Q1 25 | 15.2% | 4.3% | ||
| Q4 24 | 9.0% | 5.0% | ||
| Q3 24 | 14.3% | 6.0% | ||
| Q2 24 | 12.8% | 5.5% | ||
| Q1 24 | 11.3% | 3.1% |
净利率INGRPRIM
| Q4 25 | 9.5% | 2.8% | ||
| Q3 25 | 9.4% | 4.3% | ||
| Q2 25 | 10.7% | 4.5% | ||
| Q1 25 | 10.9% | 2.7% | ||
| Q4 24 | 5.4% | 3.1% | ||
| Q3 24 | 10.1% | 3.5% | ||
| Q2 24 | 7.9% | 3.2% | ||
| Q1 24 | 11.5% | 1.3% |
每股收益（稀释后）INGRPRIM
| Q4 25 | $2.58 | $0.94 | ||
| Q3 25 | $2.61 | $1.73 | ||
| Q2 25 | $2.99 | $1.54 | ||
| Q1 25 | $3.00 | $0.81 | ||
| Q4 24 | $1.43 | $0.98 | ||
| Q3 24 | $2.83 | $1.07 | ||
| Q2 24 | $2.22 | $0.91 | ||
| Q1 24 | $3.23 | $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 | $1.0B | $535.5M |
| 总债务越低越好 | — | $469.9M |
| 股东权益账面价值 | $4.3B | $1.7B |
| 总资产 | $7.9B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资INGRPRIM
| Q4 25 | $1.0B | $535.5M | ||
| Q3 25 | $915.0M | $431.4M | ||
| Q2 25 | $861.0M | $390.3M | ||
| Q1 25 | $837.0M | $351.6M | ||
| Q4 24 | $997.0M | $455.8M | ||
| Q3 24 | $877.0M | $352.7M | ||
| Q2 24 | $505.0M | $207.4M | ||
| Q1 24 | $438.0M | $177.6M |
总债务INGRPRIM
| Q4 25 | — | $469.9M | ||
| Q3 25 | — | $486.0M | ||
| Q2 25 | — | $603.1M | ||
| Q1 25 | — | $612.0M | ||
| Q4 24 | — | $734.8M | ||
| Q3 24 | — | $903.7M | ||
| Q2 24 | — | $933.0M | ||
| Q1 24 | — | $951.7M |
股东权益INGRPRIM
| Q4 25 | $4.3B | $1.7B | ||
| Q3 25 | $4.2B | $1.6B | ||
| Q2 25 | $4.2B | $1.5B | ||
| Q1 25 | $4.0B | $1.4B | ||
| Q4 24 | $3.8B | $1.4B | ||
| Q3 24 | $4.0B | $1.4B | ||
| Q2 24 | $3.7B | $1.3B | ||
| Q1 24 | $3.7B | $1.2B |
总资产INGRPRIM
| Q4 25 | $7.9B | $4.4B | ||
| Q3 25 | $7.8B | $4.6B | ||
| Q2 25 | $7.8B | $4.5B | ||
| Q1 25 | $7.5B | $4.2B | ||
| Q4 24 | $7.4B | $4.2B | ||
| Q3 24 | $7.5B | $4.2B | ||
| Q2 24 | $7.2B | $4.0B | ||
| Q1 24 | $7.3B | $4.0B |
负债/权益比INGRPRIM
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 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 | $405.0M | $142.9M |
| 自由现金流经营现金流 - 资本支出 | $270.0M | $121.1M |
| 自由现金流率自由现金流/营收 | 15.4% | 6.5% |
| 资本支出强度资本支出/营收 | 7.7% | 1.2% |
| 现金转化率经营现金流/净利润 | 2.43× | 2.76× |
| 过去12个月自由现金流最近4个季度 | $511.0M | $340.5M |
8季度趋势，按日历期对齐
经营现金流INGRPRIM
| Q4 25 | $405.0M | $142.9M | ||
| Q3 25 | $277.0M | $182.9M | ||
| Q2 25 | $185.0M | $78.5M | ||
| Q1 25 | $77.0M | $66.2M | ||
| Q4 24 | $436.0M | $298.3M | ||
| Q3 24 | $479.0M | $222.5M | ||
| Q2 24 | $312.0M | $16.1M | ||
| Q1 24 | $209.0M | $-28.5M |
自由现金流INGRPRIM
| Q4 25 | $270.0M | $121.1M | ||
| Q3 25 | $172.0M | $148.4M | ||
| Q2 25 | $84.0M | $45.3M | ||
| Q1 25 | $-15.0M | $25.6M | ||
| Q4 24 | $311.0M | $270.0M | ||
| Q3 24 | $429.0M | $158.8M | ||
| Q2 24 | $257.0M | $-8.1M | ||
| Q1 24 | $144.0M | $-38.9M |
自由现金流率INGRPRIM
| Q4 25 | 15.4% | 6.5% | ||
| Q3 25 | 9.5% | 6.8% | ||
| Q2 25 | 4.6% | 2.4% | ||
| Q1 25 | -0.8% | 1.6% | ||
| Q4 24 | 17.3% | 15.5% | ||
| Q3 24 | 22.9% | 9.6% | ||
| Q2 24 | 13.7% | -0.5% | ||
| Q1 24 | 7.7% | -2.8% |
资本支出强度INGRPRIM
| Q4 25 | 7.7% | 1.2% | ||
| Q3 25 | 5.8% | 1.6% | ||
| Q2 25 | 5.5% | 1.8% | ||
| Q1 25 | 5.1% | 2.5% | ||
| Q4 24 | 6.9% | 1.6% | ||
| Q3 24 | 2.7% | 3.9% | ||
| Q2 24 | 2.9% | 1.5% | ||
| Q1 24 | 3.5% | 0.7% |
现金转化率INGRPRIM
| Q4 25 | 2.43× | 2.76× | ||
| Q3 25 | 1.62× | 1.93× | ||
| Q2 25 | 0.94× | 0.93× | ||
| Q1 25 | 0.39× | 1.50× | ||
| Q4 24 | 4.49× | 5.53× | ||
| Q3 24 | 2.55× | 3.81× | ||
| Q2 24 | 2.11× | 0.32× | ||
| Q1 24 | 0.97× | -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
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
