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Mayville Engineering Company, Inc.（MEC）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是Mayville Engineering Company, Inc.的1.7倍（$225.0M vs $134.3M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 10.7%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $10.2M），过去两年Mayville Engineering Company, Inc.的营收复合增速更高（-8.8% vs -12.3%）
Mayville Engineering Company（MEC）是总部位于美国的领先金属零部件、装配组件及定制工程解决方案供应商，主要服务农业、建筑、商用运输、国防、动力运动等领域的原始设备制造商客户，提供从原型开发到大规模量产的全流程服务。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
MEC vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.7倍
$134.3M
营收增速更快
ROCK
高出14.3%
10.7%
自由现金流更多
ROCK
多$16.1M
$10.2M
两年增速更快
MEC
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $134.3M | $225.0M |
| 净利润 | $-4.4M | — |
| 毛利率 | 6.8% | 25.3% |
| 营业利润率 | -4.1% | 7.9% |
| 净利率 | -3.2% | — |
| 营收同比 | 10.7% | 24.9% |
| 净利润同比 | -127.3% | — |
| 每股收益（稀释后） | $-0.22 | — |
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MECROCK
| Q4 25 | $134.3M | $225.0M | ||
| Q3 25 | $144.3M | $310.9M | ||
| Q2 25 | $132.3M | $309.5M | ||
| Q1 25 | $135.6M | $290.0M | ||
| Q4 24 | $121.3M | $180.1M | ||
| Q3 24 | $135.4M | $277.1M | ||
| Q2 24 | $163.6M | $273.6M | ||
| Q1 24 | $161.3M | $292.5M |
净利润MECROCK
| Q4 25 | $-4.4M | — | ||
| Q3 25 | $-2.7M | $-89.1M | ||
| Q2 25 | $-1.1M | $26.0M | ||
| Q1 25 | $20.0K | $21.1M | ||
| Q4 24 | $16.0M | — | ||
| Q3 24 | $3.0M | $34.0M | ||
| Q2 24 | $3.8M | $32.2M | ||
| Q1 24 | $3.2M | $24.9M |
毛利率MECROCK
| Q4 25 | 6.8% | 25.3% | ||
| Q3 25 | 11.0% | 26.6% | ||
| Q2 25 | 10.3% | 28.4% | ||
| Q1 25 | 11.3% | 26.8% | ||
| Q4 24 | 8.9% | 29.0% | ||
| Q3 24 | 12.6% | 29.4% | ||
| Q2 24 | 13.6% | 30.5% | ||
| Q1 24 | 13.0% | 28.9% |
营业利润率MECROCK
| Q4 25 | -4.1% | 7.9% | ||
| Q3 25 | 0.0% | 12.8% | ||
| Q2 25 | 0.1% | 12.8% | ||
| Q1 25 | 1.2% | 8.8% | ||
| Q4 24 | 19.0% | 13.3% | ||
| Q3 24 | 4.2% | 15.6% | ||
| Q2 24 | 5.0% | 14.9% | ||
| Q1 24 | 4.7% | 10.8% |
净利率MECROCK
| Q4 25 | -3.2% | — | ||
| Q3 25 | -1.9% | -28.6% | ||
| Q2 25 | -0.8% | 8.4% | ||
| Q1 25 | 0.0% | 7.3% | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 2.2% | 12.3% | ||
| Q2 24 | 2.3% | 11.8% | ||
| Q1 24 | 2.0% | 8.5% |
每股收益（稀释后）MECROCK
| Q4 25 | $-0.22 | — | ||
| Q3 25 | $-0.13 | $-2.98 | ||
| Q2 25 | $-0.05 | $0.87 | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $0.76 | — | ||
| Q3 24 | $0.14 | $1.11 | ||
| Q2 24 | $0.18 | $1.05 | ||
| Q1 24 | $0.16 | — |
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 | $1.5M | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $240.7M | $950.4M |
| 总资产 | $563.6M | $1.4B |
| 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MECROCK
| Q4 25 | $1.5M | $115.7M | ||
| Q3 25 | $1.2M | $89.4M | ||
| Q2 25 | $206.0K | $43.3M | ||
| Q1 25 | $183.0K | $25.1M | ||
| Q4 24 | $206.0K | $269.5M | ||
| Q3 24 | $178.0K | $228.9M | ||
| Q2 24 | $314.0K | $179.1M | ||
| Q1 24 | $314.0K | $146.7M |
总债务MECROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益MECROCK
| Q4 25 | $240.7M | $950.4M | ||
| Q3 25 | $244.8M | $951.8M | ||
| Q2 25 | $246.8M | $1.0B | ||
| Q1 25 | $250.0M | $1.0B | ||
| Q4 24 | $251.8M | $1.0B | ||
| Q3 24 | $238.4M | $1.0B | ||
| Q2 24 | $238.1M | $975.7M | ||
| Q1 24 | $234.0M | $940.2M |
总资产MECROCK
| Q4 25 | $563.6M | $1.4B | ||
| Q3 25 | $585.6M | $1.4B | ||
| Q2 25 | $433.7M | $1.5B | ||
| Q1 25 | $447.7M | $1.4B | ||
| Q4 24 | $445.6M | $1.4B | ||
| Q3 24 | $466.0M | $1.4B | ||
| Q2 24 | $488.2M | $1.4B | ||
| Q1 24 | $499.9M | $1.3B |
负债/权益比MECROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $13.4M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $10.2M | $26.2M |
| 自由现金流率自由现金流/营收 | 7.6% | 11.7% |
| 资本支出强度资本支出/营收 | 2.4% | 4.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $26.9M | $120.6M |
8季度趋势，按日历期对齐
经营现金流MECROCK
| Q4 25 | $13.4M | $35.5M | ||
| Q3 25 | $1.9M | $73.0M | ||
| Q2 25 | $15.0M | $44.9M | ||
| Q1 25 | $8.3M | $13.7M | ||
| Q4 24 | $38.0M | $19.9M | ||
| Q3 24 | $17.9M | $64.7M | ||
| Q2 24 | $23.3M | $36.5M | ||
| Q1 24 | $10.6M | $53.2M |
自由现金流MECROCK
| Q4 25 | $10.2M | $26.2M | ||
| Q3 25 | $-1.1M | $64.8M | ||
| Q2 25 | $12.5M | $27.3M | ||
| Q1 25 | $5.4M | $2.3M | ||
| Q4 24 | $35.6M | $14.1M | ||
| Q3 24 | $15.1M | $60.5M | ||
| Q2 24 | $19.2M | $33.5M | ||
| Q1 24 | $7.8M | $48.8M |
自由现金流率MECROCK
| Q4 25 | 7.6% | 11.7% | ||
| Q3 25 | -0.8% | 20.8% | ||
| Q2 25 | 9.5% | 8.8% | ||
| Q1 25 | 4.0% | 0.8% | ||
| Q4 24 | 29.4% | 7.8% | ||
| Q3 24 | 11.1% | 21.8% | ||
| Q2 24 | 11.7% | 12.2% | ||
| Q1 24 | 4.9% | 16.7% |
资本支出强度MECROCK
| Q4 25 | 2.4% | 4.1% | ||
| Q3 25 | 2.1% | 2.6% | ||
| Q2 25 | 1.8% | 5.7% | ||
| Q1 25 | 2.2% | 3.9% | ||
| Q4 24 | 1.9% | 3.3% | ||
| Q3 24 | 2.1% | 1.5% | ||
| Q2 24 | 2.5% | 1.1% | ||
| Q1 24 | 1.7% | 1.5% |
现金转化率MECROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | 416.65× | 0.65× | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 6.03× | 1.90× | ||
| Q2 24 | 6.15× | 1.13× | ||
| Q1 24 | 3.28× | 2.13× |
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
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
