vs
Martin Marietta Materials（MLM）与NVR, Inc.（NVR）财务数据对比。点击上方公司名可切换其他公司
NVR, Inc.的季度营收约是Martin Marietta Materials的1.3倍（$1.8B vs $1.4B），Martin Marietta Materials净利率更高（111.1% vs 10.8%，领先100.3%），Martin Marietta Materials同比增速更快（17.0% vs -21.9%），过去两年Martin Marietta Materials的营收复合增速更高（-12.1% vs -16.2%）
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
NVR, Inc.是总部位于美国弗吉尼亚州雷斯顿的知名住宅建造企业，同时运营抵押贷款银行及产权服务相关业务。公司业务主要布局美国东海岸，覆盖14个州及华盛顿特区，2021年有22%的营收来自华盛顿大都会区。
MLM vs NVR — 直观对比
营收规模更大
NVR
是对方的1.3倍
$1.4B
营收增速更快
MLM
高出38.9%
-21.9%
净利率更高
MLM
高出100.3%
10.8%
两年增速更快
MLM
近两年复合增速
-16.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.8B |
| 净利润 | $1.5B | $198.4M |
| 毛利率 | 22.8% | 180.4% |
| 营业利润率 | 11.9% | — |
| 净利率 | 111.1% | 10.8% |
| 营收同比 | 17.0% | -21.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $67.76 |
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MLMNVR
| Q1 26 | $1.4B | $1.8B | ||
| Q4 25 | $1.1B | $2.7B | ||
| Q3 25 | $1.8B | $2.6B | ||
| Q2 25 | $1.8B | $2.6B | ||
| Q1 25 | $1.4B | $2.4B | ||
| Q4 24 | $1.6B | $2.8B | ||
| Q3 24 | $1.9B | $2.7B | ||
| Q2 24 | $1.8B | $2.6B |
净利润MLMNVR
| Q1 26 | $1.5B | $198.4M | ||
| Q4 25 | $279.0M | $363.8M | ||
| Q3 25 | $414.0M | $342.7M | ||
| Q2 25 | $328.0M | $333.7M | ||
| Q1 25 | $116.0M | $299.6M | ||
| Q4 24 | $293.0M | $457.4M | ||
| Q3 24 | $363.0M | $429.3M | ||
| Q2 24 | $294.0M | $400.9M |
毛利率MLMNVR
| Q1 26 | 22.8% | 180.4% | ||
| Q4 25 | 35.0% | — | ||
| Q3 25 | 33.1% | — | ||
| Q2 25 | 30.0% | — | ||
| Q1 25 | 24.8% | — | ||
| Q4 24 | 30.0% | — | ||
| Q3 24 | 31.7% | — | ||
| Q2 24 | 29.3% | — |
营业利润率MLMNVR
| Q1 26 | 11.9% | — | ||
| Q4 25 | 24.6% | — | ||
| Q3 25 | 27.4% | — | ||
| Q2 25 | 25.3% | — | ||
| Q1 25 | 14.3% | — | ||
| Q4 24 | 24.4% | — | ||
| Q3 24 | 25.9% | — | ||
| Q2 24 | 22.6% | — |
净利率MLMNVR
| Q1 26 | 111.1% | 10.8% | ||
| Q4 25 | 24.5% | 13.4% | ||
| Q3 25 | 22.4% | 13.1% | ||
| Q2 25 | 18.1% | 12.8% | ||
| Q1 25 | 8.6% | 12.5% | ||
| Q4 24 | 18.0% | 16.1% | ||
| Q3 24 | 19.2% | 15.7% | ||
| Q2 24 | 16.7% | 15.3% |
每股收益（稀释后）MLMNVR
| Q1 26 | — | $67.76 | ||
| Q4 25 | $4.59 | $120.85 | ||
| Q3 25 | $6.85 | $112.33 | ||
| Q2 25 | $5.43 | $108.54 | ||
| Q1 25 | $1.90 | $94.83 | ||
| Q4 24 | $4.87 | $139.09 | ||
| Q3 24 | $5.91 | $130.50 | ||
| Q2 24 | $4.76 | $120.69 |
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 | $273.0M | $1.6B |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $11.3B | $3.5B |
| 总资产 | $20.5B | $5.6B |
| 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MLMNVR
| Q1 26 | $273.0M | $1.6B | ||
| Q4 25 | $67.0M | — | ||
| Q3 25 | $57.0M | — | ||
| Q2 25 | $225.0M | — | ||
| Q1 25 | $101.0M | — | ||
| Q4 24 | $670.0M | — | ||
| Q3 24 | $52.0M | — | ||
| Q2 24 | $109.0M | — |
总债务MLMNVR
| Q1 26 | $0 | — | ||
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.5B | — | ||
| Q2 25 | $5.4B | — | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.3B | — |
股东权益MLMNVR
| Q1 26 | $11.3B | $3.5B | ||
| Q4 25 | $10.0B | $3.9B | ||
| Q3 25 | $9.7B | $4.0B | ||
| Q2 25 | $9.4B | $3.8B | ||
| Q1 25 | $9.1B | $4.0B | ||
| Q4 24 | $9.5B | $4.2B | ||
| Q3 24 | $9.2B | $4.3B | ||
| Q2 24 | $8.8B | $4.1B |
总资产MLMNVR
| Q1 26 | $20.5B | $5.6B | ||
| Q4 25 | $18.7B | $5.9B | ||
| Q3 25 | $18.7B | $6.0B | ||
| Q2 25 | $18.1B | $5.9B | ||
| Q1 25 | $17.7B | $6.2B | ||
| Q4 24 | $18.2B | $6.4B | ||
| Q3 24 | $16.5B | $6.5B | ||
| Q2 24 | $16.3B | $6.4B |
负债/权益比MLMNVR
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.58× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.49× | — |
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 | $227.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 40.4% | — |
| 现金转化率经营现金流/净利润 | 0.15× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MLMNVR
| Q1 26 | $227.0M | — | ||
| Q4 25 | $629.0M | $439.7M | ||
| Q3 25 | $551.0M | $438.7M | ||
| Q2 25 | $387.0M | $35.1M | ||
| Q1 25 | $218.0M | $207.8M | ||
| Q4 24 | $686.0M | $637.0M | ||
| Q3 24 | $600.0M | $358.3M | ||
| Q2 24 | $1.0M | $232.7M |
自由现金流MLMNVR
| Q1 26 | — | — | ||
| Q4 25 | $424.0M | $436.0M | ||
| Q3 25 | $361.0M | $433.3M | ||
| Q2 25 | $208.0M | $26.8M | ||
| Q1 25 | $-15.0M | $200.7M | ||
| Q4 24 | $453.0M | $631.5M | ||
| Q3 24 | $317.0M | $350.1M | ||
| Q2 24 | $-138.0M | $226.3M |
自由现金流率MLMNVR
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 16.1% | ||
| Q3 25 | 19.6% | 16.6% | ||
| Q2 25 | 11.5% | 1.0% | ||
| Q1 25 | -1.1% | 8.4% | ||
| Q4 24 | 27.8% | 22.2% | ||
| Q3 24 | 16.8% | 12.8% | ||
| Q2 24 | -7.8% | 8.7% |
资本支出强度MLMNVR
| Q1 26 | 40.4% | — | ||
| Q4 25 | 18.0% | 0.1% | ||
| Q3 25 | 10.3% | 0.2% | ||
| Q2 25 | 9.9% | 0.3% | ||
| Q1 25 | 17.2% | 0.3% | ||
| Q4 24 | 14.3% | 0.2% | ||
| Q3 24 | 15.0% | 0.3% | ||
| Q2 24 | 7.9% | 0.2% |
现金转化率MLMNVR
| Q1 26 | 0.15× | — | ||
| Q4 25 | 2.25× | 1.21× | ||
| Q3 25 | 1.33× | 1.28× | ||
| Q2 25 | 1.18× | 0.11× | ||
| Q1 25 | 1.88× | 0.69× | ||
| Q4 24 | 2.34× | 1.39× | ||
| Q3 24 | 1.65× | 0.83× | ||
| Q2 24 | 0.00× | 0.58× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
