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Liberty Energy Inc.（LBRT）与MAXIMUS, INC.（MMS）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是Liberty Energy Inc.的1.3倍（$1.3B vs $1.0B），MAXIMUS, INC.净利率更高（7.0% vs 2.2%，领先4.8%），Liberty Energy Inc.同比增速更快（4.5% vs -4.1%），过去两年MAXIMUS, INC.的营收复合增速更高（-0.1% vs -6.2%）
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
LBRT vs MMS — 直观对比
营收规模更大
MMS
是对方的1.3倍
$1.0B
营收增速更快
LBRT
高出8.6%
-4.1%
净利率更高
MMS
高出4.8%
2.2%
两年增速更快
MMS
近两年复合增速
-6.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.3B |
| 净利润 | $22.6M | $93.9M |
| 毛利率 | — | 23.7% |
| 营业利润率 | 2.2% | 10.9% |
| 净利率 | 2.2% | 7.0% |
| 营收同比 | 4.5% | -4.1% |
| 净利润同比 | 64.8% | 128.0% |
| 每股收益（稀释后） | $0.14 | $1.70 |
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LBRTMMS
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $947.4M | $1.3B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $977.5M | $1.4B | ||
| Q4 24 | $943.6M | $1.4B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
净利润LBRTMMS
| Q1 26 | $22.6M | — | ||
| Q4 25 | $13.7M | $93.9M | ||
| Q3 25 | $43.1M | $75.3M | ||
| Q2 25 | $71.0M | $106.0M | ||
| Q1 25 | $20.1M | $96.6M | ||
| Q4 24 | $51.9M | $41.2M | ||
| Q3 24 | $73.8M | $72.5M | ||
| Q2 24 | $108.4M | $89.8M |
毛利率LBRTMMS
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | 23.7% | ||
| Q3 25 | 18.7% | 25.3% | ||
| Q2 25 | 22.1% | 26.7% | ||
| Q1 25 | 22.1% | 24.9% | ||
| Q4 24 | 21.4% | 21.5% | ||
| Q3 24 | 26.2% | 22.9% | ||
| Q2 24 | 27.9% | 25.3% |
营业利润率LBRTMMS
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.9% | 10.9% | ||
| Q3 25 | -0.3% | 9.3% | ||
| Q2 25 | 3.6% | 12.3% | ||
| Q1 25 | 1.9% | 11.2% | ||
| Q4 24 | 2.6% | 6.2% | ||
| Q3 24 | 9.4% | 8.5% | ||
| Q2 24 | 12.2% | 10.8% |
净利率LBRTMMS
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.3% | 7.0% | ||
| Q3 25 | 4.5% | 5.7% | ||
| Q2 25 | 6.8% | 7.9% | ||
| Q1 25 | 2.1% | 7.1% | ||
| Q4 24 | 5.5% | 2.9% | ||
| Q3 24 | 6.5% | 5.5% | ||
| Q2 24 | 9.3% | 6.8% |
每股收益（稀释后）LBRTMMS
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.08 | $1.70 | ||
| Q3 25 | $0.26 | $1.27 | ||
| Q2 25 | $0.43 | $1.86 | ||
| Q1 25 | $0.12 | $1.69 | ||
| Q4 24 | $0.31 | $0.69 | ||
| Q3 24 | $0.44 | $1.18 | ||
| Q2 24 | $0.64 | $1.46 |
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 | $699.1M | $137.6M |
| 总债务越低越好 | $7.1M | — |
| 股东权益账面价值 | $1.9B | $1.7B |
| 总资产 | $4.4B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资LBRTMMS
| Q1 26 | $699.1M | — | ||
| Q4 25 | $27.6M | $137.6M | ||
| Q3 25 | $13.5M | $222.4M | ||
| Q2 25 | $19.6M | $59.8M | ||
| Q1 25 | $24.1M | $108.1M | ||
| Q4 24 | $20.0M | $72.7M | ||
| Q3 24 | $23.0M | $183.1M | ||
| Q2 24 | $30.0M | $102.8M |
总债务LBRTMMS
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $190.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益LBRTMMS
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.1B | $1.7B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.0B | $1.8B | ||
| Q1 25 | $2.0B | $1.7B | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $2.0B | $1.8B | ||
| Q2 24 | $1.9B | $1.8B |
总资产LBRTMMS
| Q1 26 | $4.4B | — | ||
| Q4 25 | $3.6B | $4.2B | ||
| Q3 25 | $3.5B | $4.1B | ||
| Q2 25 | $3.4B | $4.5B | ||
| Q1 25 | $3.4B | $4.2B | ||
| Q4 24 | $3.3B | $4.1B | ||
| Q3 24 | $3.3B | $4.1B | ||
| Q2 24 | $3.2B | $4.0B |
负债/权益比LBRTMMS
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $-244.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-250.7M |
| 自由现金流率自由现金流/营收 | — | -18.6% |
| 资本支出强度资本支出/营收 | 13.1% | 0.5% |
| 现金转化率经营现金流/净利润 | — | -2.60× |
| 过去12个月自由现金流最近4个季度 | — | $218.5M |
8季度趋势，按日历期对齐
经营现金流LBRTMMS
| Q1 26 | — | — | ||
| Q4 25 | $195.4M | $-244.4M | ||
| Q3 25 | $51.5M | $649.4M | ||
| Q2 25 | $170.6M | $-182.7M | ||
| Q1 25 | $192.1M | $42.7M | ||
| Q4 24 | $177.3M | $-80.0M | ||
| Q3 24 | $244.5M | $163.8M | ||
| Q2 24 | $248.2M | $199.3M |
自由现金流LBRTMMS
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | $-250.7M | ||
| Q3 25 | $-67.2M | $641.8M | ||
| Q2 25 | $33.1M | $-198.2M | ||
| Q1 25 | $58.2M | $25.5M | ||
| Q4 24 | $-26.2M | $-103.0M | ||
| Q3 24 | $77.9M | $131.9M | ||
| Q2 24 | $112.2M | $164.6M |
自由现金流率LBRTMMS
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | -18.6% | ||
| Q3 25 | -7.1% | 48.7% | ||
| Q2 25 | 3.2% | -14.7% | ||
| Q1 25 | 6.0% | 1.9% | ||
| Q4 24 | -2.8% | -7.3% | ||
| Q3 24 | 6.8% | 10.0% | ||
| Q2 24 | 9.7% | 12.5% |
资本支出强度LBRTMMS
| Q1 26 | 13.1% | — | ||
| Q4 25 | 19.8% | 0.5% | ||
| Q3 25 | 12.5% | 0.6% | ||
| Q2 25 | 13.2% | 1.1% | ||
| Q1 25 | 13.7% | 1.3% | ||
| Q4 24 | 21.6% | 1.6% | ||
| Q3 24 | 14.6% | 2.4% | ||
| Q2 24 | 11.7% | 2.6% |
现金转化率LBRTMMS
| Q1 26 | — | — | ||
| Q4 25 | 14.28× | -2.60× | ||
| Q3 25 | 1.20× | 8.63× | ||
| Q2 25 | 2.40× | -1.72× | ||
| Q1 25 | 9.55× | 0.44× | ||
| Q4 24 | 3.42× | -1.94× | ||
| Q3 24 | 3.31× | 2.26× | ||
| Q2 24 | 2.29× | 2.22× |
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
LBRT
暂无分部数据
MMS
| Clinical Services | $523.7M | 39% |
| Cost Plus Contracts | $386.4M | 29% |
| Outside The United States | $143.2M | 11% |
| International Government Agencies | $141.0M | 10% |
| Technology Solutions | $74.8M | 6% |
| Employment And Other | $70.2M | 5% |
| Other Including Local Municipalities And Commercial Customers | $17.6M | 1% |
