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Loews Corporation（L）与MYR GROUP INC.（MYRG）财务数据对比。点击上方公司名可切换其他公司
MYR GROUP INC.的季度营收约是Loews Corporation的1.2倍（$973.5M vs $827.0M），Loews Corporation净利率更高（48.6% vs 3.8%，领先44.9%），MYR GROUP INC.同比增速更快（17.3% vs 4.8%），Loews Corporation自由现金流更多（$426.0M vs $84.9M），过去两年MYR GROUP INC.的营收复合增速更高（9.3% vs 7.9%）
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
MYR集团是美国知名电气建设服务提供商，业务覆盖输配电线路、变电站、工商业建筑及可再生能源领域的电气施工，旗下拥有12家电气建设子公司，在北美电力基建赛道拥有深厚的技术积累与项目交付能力。
L vs MYRG — 直观对比
营收规模更大
MYRG
是对方的1.2倍
$827.0M
营收增速更快
MYRG
高出12.5%
4.8%
净利率更高
L
高出44.9%
3.8%
自由现金流更多
L
多$341.1M
$84.9M
两年增速更快
MYRG
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $827.0M | $973.5M |
| 净利润 | $402.0M | $36.5M |
| 毛利率 | — | 11.4% |
| 营业利润率 | 65.4% | 4.8% |
| 净利率 | 48.6% | 3.8% |
| 营收同比 | 4.8% | 17.3% |
| 净利润同比 | 115.0% | 129.1% |
| 每股收益（稀释后） | $1.93 | $2.33 |
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LMYRG
| Q4 25 | $827.0M | $973.5M | ||
| Q3 25 | $732.0M | $950.4M | ||
| Q2 25 | $769.0M | $900.3M | ||
| Q1 25 | $846.0M | $833.6M | ||
| Q4 24 | $789.0M | $829.8M | ||
| Q3 24 | $683.0M | $888.0M | ||
| Q2 24 | $711.0M | $828.9M | ||
| Q1 24 | $710.0M | $815.6M |
净利润LMYRG
| Q4 25 | $402.0M | $36.5M | ||
| Q3 25 | $504.0M | $32.1M | ||
| Q2 25 | $391.0M | $26.5M | ||
| Q1 25 | $370.0M | $23.3M | ||
| Q4 24 | $187.0M | $16.0M | ||
| Q3 24 | $401.0M | $10.6M | ||
| Q2 24 | $369.0M | $-15.3M | ||
| Q1 24 | $457.0M | $18.9M |
毛利率LMYRG
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 11.5% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | — | 8.7% | ||
| Q2 24 | — | 4.9% | ||
| Q1 24 | — | 10.6% |
营业利润率LMYRG
| Q4 25 | 65.4% | 4.8% | ||
| Q3 25 | 94.1% | 4.9% | ||
| Q2 25 | 70.1% | 4.4% | ||
| Q1 25 | 60.8% | 4.1% | ||
| Q4 24 | 23.8% | 3.6% | ||
| Q3 24 | 80.5% | 2.3% | ||
| Q2 24 | 71.3% | -2.5% | ||
| Q1 24 | 88.6% | 3.0% |
净利率LMYRG
| Q4 25 | 48.6% | 3.8% | ||
| Q3 25 | 68.9% | 3.4% | ||
| Q2 25 | 50.8% | 2.9% | ||
| Q1 25 | 43.7% | 2.8% | ||
| Q4 24 | 23.7% | 1.9% | ||
| Q3 24 | 58.7% | 1.2% | ||
| Q2 24 | 51.9% | -1.8% | ||
| Q1 24 | 64.4% | 2.3% |
每股收益（稀释后）LMYRG
| Q4 25 | $1.93 | $2.33 | ||
| Q3 25 | $2.43 | $2.05 | ||
| Q2 25 | $1.87 | $1.70 | ||
| Q1 25 | $1.74 | $1.45 | ||
| Q4 24 | $0.87 | $0.97 | ||
| Q3 24 | $1.82 | $0.65 | ||
| Q2 24 | $1.67 | $-0.91 | ||
| Q1 24 | $2.05 | $1.12 |
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 | $6.0B | $150.2M |
| 总债务越低越好 | $8.4B | $59.0M |
| 股东权益账面价值 | $18.7B | $660.4M |
| 总资产 | $86.3B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资LMYRG
| Q4 25 | $6.0B | $150.2M | ||
| Q3 25 | $5.4B | $76.2M | ||
| Q2 25 | $4.5B | $23.0M | ||
| Q1 25 | $4.4B | $10.9M | ||
| Q4 24 | $4.6B | $3.5M | ||
| Q3 24 | $5.2B | $7.6M | ||
| Q2 24 | $4.9B | $1.9M | ||
| Q1 24 | $5.4B | $3.9M |
总债务LMYRG
| Q4 25 | $8.4B | $59.0M | ||
| Q3 25 | $8.4B | $72.0M | ||
| Q2 25 | $7.9B | $86.1M | ||
| Q1 25 | $8.4B | $87.2M | ||
| Q4 24 | $8.9B | $74.4M | ||
| Q3 24 | $8.8B | $93.2M | ||
| Q2 24 | $8.6B | $45.1M | ||
| Q1 24 | $8.4B | $37.9M |
股东权益LMYRG
| Q4 25 | $18.7B | $660.4M | ||
| Q3 25 | $18.3B | $617.6M | ||
| Q2 25 | $17.5B | $583.2M | ||
| Q1 25 | $17.2B | $548.7M | ||
| Q4 24 | $17.1B | $600.4M | ||
| Q3 24 | $17.4B | $588.5M | ||
| Q2 24 | $16.4B | $633.3M | ||
| Q1 24 | $16.2B | $663.7M |
总资产LMYRG
| Q4 25 | $86.3B | $1.6B | ||
| Q3 25 | $85.9B | $1.6B | ||
| Q2 25 | $84.7B | $1.6B | ||
| Q1 25 | $83.1B | $1.5B | ||
| Q4 24 | $81.9B | $1.6B | ||
| Q3 24 | $83.6B | $1.6B | ||
| Q2 24 | $81.1B | $1.6B | ||
| Q1 24 | $80.9B | $1.6B |
负债/权益比LMYRG
| Q4 25 | 0.45× | 0.09× | ||
| Q3 25 | 0.46× | 0.12× | ||
| Q2 25 | 0.45× | 0.15× | ||
| Q1 25 | 0.49× | 0.16× | ||
| Q4 24 | 0.52× | 0.12× | ||
| Q3 24 | 0.51× | 0.16× | ||
| Q2 24 | 0.52× | 0.07× | ||
| Q1 24 | 0.52× | 0.06× |
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 | $617.0M | $114.8M |
| 自由现金流经营现金流 - 资本支出 | $426.0M | $84.9M |
| 自由现金流率自由现金流/营收 | 51.5% | 8.7% |
| 资本支出强度资本支出/营收 | 23.1% | 3.1% |
| 现金转化率经营现金流/净利润 | 1.53× | 3.14× |
| 过去12个月自由现金流最近4个季度 | $2.7B | $232.2M |
8季度趋势，按日历期对齐
经营现金流LMYRG
| Q4 25 | $617.0M | $114.8M | ||
| Q3 25 | $920.0M | $95.6M | ||
| Q2 25 | $1.0B | $32.9M | ||
| Q1 25 | $736.0M | $83.3M | ||
| Q4 24 | $941.0M | $21.1M | ||
| Q3 24 | $934.0M | $35.6M | ||
| Q2 24 | $952.0M | $22.7M | ||
| Q1 24 | $198.0M | $7.7M |
自由现金流LMYRG
| Q4 25 | $426.0M | $84.9M | ||
| Q3 25 | $764.0M | $65.4M | ||
| Q2 25 | $872.0M | $11.6M | ||
| Q1 25 | $638.0M | $70.2M | ||
| Q4 24 | $767.0M | $8.8M | ||
| Q3 24 | $794.0M | $18.0M | ||
| Q2 24 | $793.0M | $2.5M | ||
| Q1 24 | $39.0M | $-18.1M |
自由现金流率LMYRG
| Q4 25 | 51.5% | 8.7% | ||
| Q3 25 | 104.4% | 6.9% | ||
| Q2 25 | 113.4% | 1.3% | ||
| Q1 25 | 75.4% | 8.4% | ||
| Q4 24 | 97.2% | 1.1% | ||
| Q3 24 | 116.3% | 2.0% | ||
| Q2 24 | 111.5% | 0.3% | ||
| Q1 24 | 5.5% | -2.2% |
资本支出强度LMYRG
| Q4 25 | 23.1% | 3.1% | ||
| Q3 25 | 21.3% | 3.2% | ||
| Q2 25 | 17.4% | 2.4% | ||
| Q1 25 | 11.6% | 1.6% | ||
| Q4 24 | 22.1% | 1.5% | ||
| Q3 24 | 20.5% | 2.0% | ||
| Q2 24 | 22.4% | 2.4% | ||
| Q1 24 | 22.4% | 3.2% |
现金转化率LMYRG
| Q4 25 | 1.53× | 3.14× | ||
| Q3 25 | 1.83× | 2.98× | ||
| Q2 25 | 2.57× | 1.24× | ||
| Q1 25 | 1.99× | 3.57× | ||
| Q4 24 | 5.03× | 1.32× | ||
| Q3 24 | 2.33× | 3.35× | ||
| Q2 24 | 2.58× | — | ||
| Q1 24 | 0.43× | 0.41× |
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
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
MYRG
| Market Type Electrical Construction | $442.6M | 45% |
| Market Type Transmission | $330.3M | 34% |
| Market Type Distribution | $200.6M | 21% |
