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诺唯真游轮控股（LINE）与TUTOR PERINI CORP（TPC）财务数据对比。点击上方公司名可切换其他公司
TUTOR PERINI CORP的季度营收约是诺唯真游轮控股的1.1倍（$1.5B vs $1.4B），TUTOR PERINI CORP净利率更高（1.9% vs -7.3%，领先9.2%），TUTOR PERINI CORP同比增速更快（41.2% vs 3.1%），TUTOR PERINI CORP自由现金流更多（$98.7M vs $35.0M）
诺唯真游轮控股是一家总部位于美国、注册地为百慕大的企业，旗下全资运营诺唯真游轮、大洋游轮、丽晶七海游轮三大品牌，合并业务规模位列全球游轮运营商第三位，目前在纽约证券交易所挂牌上市。
Tutor Perini集团是美国顶尖的大型总承包商之一，2008年由Perini公司与Tutor-Saliba公司合并成立，总部位于加利福尼亚州西尔马。公司业务覆盖北美全境，2024年营收约43.3亿美元，核心业务涵盖桥梁、公路、隧道、机场、公共交通系统等民用基建项目，同时也涉足建筑工程领域。
LINE vs TPC — 直观对比
营收规模更大
TPC
是对方的1.1倍
$1.4B
营收增速更快
TPC
高出38.0%
3.1%
净利率更高
TPC
高出9.2%
-7.3%
自由现金流更多
TPC
多$63.7M
$35.0M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.5B |
| 净利润 | $-100.0M | $28.8M |
| 毛利率 | 32.3% | 9.8% |
| 营业利润率 | 2.5% | 3.3% |
| 净利率 | -7.3% | 1.9% |
| 营收同比 | 3.1% | 41.2% |
| 净利润同比 | 79.4% | 136.3% |
| 每股收益（稀释后） | $-0.44 | $0.53 |
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LINETPC
| Q4 25 | — | $1.5B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.3B | $1.1B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.3B | $1.1B | ||
| Q1 24 | $1.3B | $1.0B |
净利润LINETPC
| Q4 25 | — | $28.8M | ||
| Q3 25 | $-100.0M | $3.6M | ||
| Q2 25 | $-6.0M | $20.0M | ||
| Q1 25 | $0 | $28.0M | ||
| Q4 24 | $-71.0M | $-79.4M | ||
| Q3 24 | $-485.0M | $-100.9M | ||
| Q2 24 | $-68.0M | $812.0K | ||
| Q1 24 | $-40.0M | $15.8M |
毛利率LINETPC
| Q4 25 | — | 9.8% | ||
| Q3 25 | 32.3% | 12.0% | ||
| Q2 25 | 31.9% | 14.3% | ||
| Q1 25 | 32.2% | 10.8% | ||
| Q4 24 | 32.3% | -0.9% | ||
| Q3 24 | 32.8% | -2.4% | ||
| Q2 24 | 33.4% | 10.4% | ||
| Q1 24 | 33.4% | 11.0% |
营业利润率LINETPC
| Q4 25 | — | 3.3% | ||
| Q3 25 | 2.5% | 2.8% | ||
| Q2 25 | 1.7% | 5.6% | ||
| Q1 25 | 4.3% | 5.2% | ||
| Q4 24 | -1.6% | -8.1% | ||
| Q3 24 | -38.6% | -9.9% | ||
| Q2 24 | 5.5% | 3.6% | ||
| Q1 24 | 7.6% | 4.7% |
净利率LINETPC
| Q4 25 | — | 1.9% | ||
| Q3 25 | -7.3% | 0.3% | ||
| Q2 25 | -0.4% | 1.5% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | -5.3% | -7.4% | ||
| Q3 24 | -36.3% | -9.3% | ||
| Q2 24 | -5.1% | 0.1% | ||
| Q1 24 | -3.0% | 1.5% |
每股收益（稀释后）LINETPC
| Q4 25 | — | $0.53 | ||
| Q3 25 | $-0.44 | $0.07 | ||
| Q2 25 | $-0.03 | $0.38 | ||
| Q1 25 | $0.01 | $0.53 | ||
| Q4 24 | $-0.52 | $-1.53 | ||
| Q3 24 | $-2.44 | $-1.92 | ||
| Q2 24 | $-0.46 | $0.02 | ||
| Q1 24 | $-0.28 | $0.30 |
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 | — | $734.6M |
| 总债务越低越好 | — | $407.4M |
| 股东权益账面价值 | $8.4B | $1.2B |
| 总资产 | $19.2B | $5.2B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资LINETPC
| Q4 25 | — | $734.6M | ||
| Q3 25 | — | $695.7M | ||
| Q2 25 | — | $526.1M | ||
| Q1 25 | — | $276.5M | ||
| Q4 24 | $173.0M | $455.1M | ||
| Q3 24 | $409.0M | $287.4M | ||
| Q2 24 | $73.0M | $267.1M | ||
| Q1 24 | — | $358.3M |
总债务LINETPC
| Q4 25 | — | $407.4M | ||
| Q3 25 | — | $413.1M | ||
| Q2 25 | — | $419.4M | ||
| Q1 25 | — | $405.6M | ||
| Q4 24 | — | $534.1M | ||
| Q3 24 | — | $681.4M | ||
| Q2 24 | — | $676.4M | ||
| Q1 24 | — | $801.2M |
股东权益LINETPC
| Q4 25 | — | $1.2B | ||
| Q3 25 | $8.4B | $1.2B | ||
| Q2 25 | $8.6B | $1.2B | ||
| Q1 25 | $8.6B | $1.2B | ||
| Q4 24 | $8.6B | $1.1B | ||
| Q3 24 | $9.0B | $1.2B | ||
| Q2 24 | $4.9B | $1.3B | ||
| Q1 24 | $5.6B | $1.3B |
总资产LINETPC
| Q4 25 | — | $5.2B | ||
| Q3 25 | $19.2B | $5.2B | ||
| Q2 25 | $19.4B | $4.9B | ||
| Q1 25 | $18.8B | $4.5B | ||
| Q4 24 | $18.7B | $4.2B | ||
| Q3 24 | $19.3B | $4.4B | ||
| Q2 24 | $18.8B | $4.3B | ||
| Q1 24 | — | $4.4B |
负债/权益比LINETPC
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | — | 0.52× | ||
| Q1 24 | — | 0.61× |
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 | $230.0M | $173.7M |
| 自由现金流经营现金流 - 资本支出 | $35.0M | $98.7M |
| 自由现金流率自由现金流/营收 | 2.5% | 6.5% |
| 资本支出强度资本支出/营收 | 14.2% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 6.02× |
| 过去12个月自由现金流最近4个季度 | — | $567.2M |
8季度趋势，按日历期对齐
经营现金流LINETPC
| Q4 25 | — | $173.7M | ||
| Q3 25 | $230.0M | $289.1M | ||
| Q2 25 | $258.0M | $262.4M | ||
| Q1 25 | $139.0M | $22.9M | ||
| Q4 24 | — | $329.6M | ||
| Q3 24 | $186.0M | $22.6M | ||
| Q2 24 | $155.0M | $53.1M | ||
| Q1 24 | $105.0M | $98.3M |
自由现金流LINETPC
| Q4 25 | — | $98.7M | ||
| Q3 25 | $35.0M | $240.2M | ||
| Q2 25 | $95.0M | $235.6M | ||
| Q1 25 | $-12.0M | $-7.2M | ||
| Q4 24 | — | $320.4M | ||
| Q3 24 | $33.0M | $15.6M | ||
| Q2 24 | $-31.0M | $42.2M | ||
| Q1 24 | $-42.0M | $87.8M |
自由现金流率LINETPC
| Q4 25 | — | 6.5% | ||
| Q3 25 | 2.5% | 17.0% | ||
| Q2 25 | 7.0% | 17.1% | ||
| Q1 25 | -0.9% | -0.6% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | 2.5% | 1.4% | ||
| Q2 24 | -2.3% | 3.7% | ||
| Q1 24 | -3.2% | 8.4% |
资本支出强度LINETPC
| Q4 25 | — | 5.0% | ||
| Q3 25 | 14.2% | 3.5% | ||
| Q2 25 | 12.1% | 2.0% | ||
| Q1 25 | 11.7% | 2.4% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | 11.5% | 0.6% | ||
| Q2 24 | 13.9% | 1.0% | ||
| Q1 24 | 11.1% | 1.0% |
现金转化率LINETPC
| Q4 25 | — | 6.02× | ||
| Q3 25 | — | 79.63× | ||
| Q2 25 | — | 13.14× | ||
| Q1 25 | — | 0.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 65.44× | ||
| Q1 24 | — | 6.24× |
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
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
TPC
| State And Local Agencies | $591.1M | 39% |
| Mass Transit | $449.9M | 30% |
| Federal Agencies | $115.0M | 8% |
| Bridges | $100.5M | 7% |
| Military Facilities | $93.1M | 6% |
| Commercial And Industrial Facilities | $46.7M | 3% |
| Detention Facilities | $43.8M | 3% |
| Power And Energy | $35.8M | 2% |
| Multi Unit Residential | $25.9M | 2% |
| Education Facilities | $12.0M | 1% |
| Water | $3.6M | 0% |
