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MYR GROUP INC.（MYRG）与Sinclair, Inc.（SBGI）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Sinclair, Inc.的1.2倍（$973.5M vs $836.0M），Sinclair, Inc.净利率更高（13.0% vs 3.8%，领先9.3%），MYR GROUP INC.同比增速更快（17.3% vs -16.7%），MYR GROUP INC.自由现金流更多（$84.9M vs $79.0M），过去两年MYR GROUP INC.的营收复合增速更高（9.3% vs 2.4%）
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。
辛克莱公司（以辛克莱广播集团开展业务）是一家上市的美国电信综合企业，由创始人朱利安·辛克莱·史密斯的后代控股。公司总部位于马里兰州巴尔的摩郊县科基斯维尔，按电视台数量计算是美国第二大电视台运营商，仅次于奈克斯达媒体集团，在全国100多个市场拥有或运营193家电视台，覆盖美国40%的区域。
MYRG vs SBGI — 直观对比
营收规模更大
MYRG
是对方的1.2倍
$836.0M
营收增速更快
MYRG
高出34.1%
-16.7%
净利率更高
SBGI
高出9.3%
3.8%
自由现金流更多
MYRG
多$5.9M
$79.0M
两年增速更快
MYRG
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $973.5M | $836.0M |
| 净利润 | $36.5M | $109.0M |
| 毛利率 | 11.4% | — |
| 营业利润率 | 4.8% | 9.6% |
| 净利率 | 3.8% | 13.0% |
| 营收同比 | 17.3% | -16.7% |
| 净利润同比 | 129.1% | -38.1% |
| 每股收益（稀释后） | $2.33 | $1.62 |
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MYRGSBGI
| Q4 25 | $973.5M | $836.0M | ||
| Q3 25 | $950.4M | $773.0M | ||
| Q2 25 | $900.3M | $784.0M | ||
| Q1 25 | $833.6M | $776.0M | ||
| Q4 24 | $829.8M | $1.0B | ||
| Q3 24 | $888.0M | $917.0M | ||
| Q2 24 | $828.9M | $829.0M | ||
| Q1 24 | $815.6M | $798.0M |
净利润MYRGSBGI
| Q4 25 | $36.5M | $109.0M | ||
| Q3 25 | $32.1M | $-1.0M | ||
| Q2 25 | $26.5M | $-64.0M | ||
| Q1 25 | $23.3M | $-156.0M | ||
| Q4 24 | $16.0M | $176.0M | ||
| Q3 24 | $10.6M | $94.0M | ||
| Q2 24 | $-15.3M | $17.0M | ||
| Q1 24 | $18.9M | $23.0M |
毛利率MYRGSBGI
| 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MYRGSBGI
| Q4 25 | 4.8% | 9.6% | ||
| Q3 25 | 4.9% | 7.5% | ||
| Q2 25 | 4.4% | 2.7% | ||
| Q1 25 | 4.1% | 1.8% | ||
| Q4 24 | 3.6% | 26.5% | ||
| Q3 24 | 2.3% | 19.5% | ||
| Q2 24 | -2.5% | 7.7% | ||
| Q1 24 | 3.0% | 5.3% |
净利率MYRGSBGI
| Q4 25 | 3.8% | 13.0% | ||
| Q3 25 | 3.4% | -0.1% | ||
| Q2 25 | 2.9% | -8.2% | ||
| Q1 25 | 2.8% | -20.1% | ||
| Q4 24 | 1.9% | 17.5% | ||
| Q3 24 | 1.2% | 10.3% | ||
| Q2 24 | -1.8% | 2.1% | ||
| Q1 24 | 2.3% | 2.9% |
每股收益（稀释后）MYRGSBGI
| Q4 25 | $2.33 | $1.62 | ||
| Q3 25 | $2.05 | $-0.02 | ||
| Q2 25 | $1.70 | $-0.91 | ||
| Q1 25 | $1.45 | $-2.30 | ||
| Q4 24 | $0.97 | $2.64 | ||
| Q3 24 | $0.65 | $1.43 | ||
| Q2 24 | $-0.91 | $0.27 | ||
| Q1 24 | $1.12 | $0.35 |
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 | $150.2M | $866.0M |
| 总债务越低越好 | $59.0M | $4.4B |
| 股东权益账面价值 | $660.4M | $443.0M |
| 总资产 | $1.6B | $5.9B |
| 负债/权益比越低杠杆越低 | 0.09× | 9.84× |
8季度趋势，按日历期对齐
现金及短期投资MYRGSBGI
| Q4 25 | $150.2M | $866.0M | ||
| Q3 25 | $76.2M | $526.0M | ||
| Q2 25 | $23.0M | $616.0M | ||
| Q1 25 | $10.9M | $631.0M | ||
| Q4 24 | $3.5M | $697.0M | ||
| Q3 24 | $7.6M | $536.0M | ||
| Q2 24 | $1.9M | $378.0M | ||
| Q1 24 | $3.9M | $655.0M |
总债务MYRGSBGI
| Q4 25 | $59.0M | $4.4B | ||
| Q3 25 | $72.0M | $4.1B | ||
| Q2 25 | $86.1M | $4.1B | ||
| Q1 25 | $87.2M | $4.2B | ||
| Q4 24 | $74.4M | $4.1B | ||
| Q3 24 | $93.2M | $4.1B | ||
| Q2 24 | $45.1M | $4.1B | ||
| Q1 24 | $37.9M | $4.1B |
股东权益MYRGSBGI
| Q4 25 | $660.4M | $443.0M | ||
| Q3 25 | $617.6M | $347.0M | ||
| Q2 25 | $583.2M | $361.0M | ||
| Q1 25 | $548.7M | $436.0M | ||
| Q4 24 | $600.4M | $583.0M | ||
| Q3 24 | $588.5M | $415.0M | ||
| Q2 24 | $633.3M | $340.0M | ||
| Q1 24 | $663.7M | $333.0M |
总资产MYRGSBGI
| Q4 25 | $1.6B | $5.9B | ||
| Q3 25 | $1.6B | $5.6B | ||
| Q2 25 | $1.6B | $5.7B | ||
| Q1 25 | $1.5B | $5.8B | ||
| Q4 24 | $1.6B | $5.9B | ||
| Q3 24 | $1.6B | $5.8B | ||
| Q2 24 | $1.6B | $5.7B | ||
| Q1 24 | $1.6B | $6.0B |
负债/权益比MYRGSBGI
| Q4 25 | 0.09× | 9.84× | ||
| Q3 25 | 0.12× | 11.75× | ||
| Q2 25 | 0.15× | 11.30× | ||
| Q1 25 | 0.16× | 9.56× | ||
| Q4 24 | 0.12× | 7.02× | ||
| Q3 24 | 0.16× | 9.86× | ||
| Q2 24 | 0.07× | 12.08× | ||
| Q1 24 | 0.06× | 12.35× |
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 | $114.8M | $98.0M |
| 自由现金流经营现金流 - 资本支出 | $84.9M | $79.0M |
| 自由现金流率自由现金流/营收 | 8.7% | 9.4% |
| 资本支出强度资本支出/营收 | 3.1% | 2.3% |
| 现金转化率经营现金流/净利润 | 3.14× | 0.90× |
| 过去12个月自由现金流最近4个季度 | $232.2M | $115.0M |
8季度趋势，按日历期对齐
经营现金流MYRGSBGI
| Q4 25 | $114.8M | $98.0M | ||
| Q3 25 | $95.6M | $-36.0M | ||
| Q2 25 | $32.9M | $122.0M | ||
| Q1 25 | $83.3M | $5.0M | ||
| Q4 24 | $21.1M | $198.0M | ||
| Q3 24 | $35.6M | $210.0M | ||
| Q2 24 | $22.7M | $-306.0M | ||
| Q1 24 | $7.7M | $-4.0M |
自由现金流MYRGSBGI
| Q4 25 | $84.9M | $79.0M | ||
| Q3 25 | $65.4M | $-58.0M | ||
| Q2 25 | $11.6M | $105.0M | ||
| Q1 25 | $70.2M | $-11.0M | ||
| Q4 24 | $8.8M | $175.0M | ||
| Q3 24 | $18.0M | $193.0M | ||
| Q2 24 | $2.5M | $-329.0M | ||
| Q1 24 | $-18.1M | $-25.0M |
自由现金流率MYRGSBGI
| Q4 25 | 8.7% | 9.4% | ||
| Q3 25 | 6.9% | -7.5% | ||
| Q2 25 | 1.3% | 13.4% | ||
| Q1 25 | 8.4% | -1.4% | ||
| Q4 24 | 1.1% | 17.4% | ||
| Q3 24 | 2.0% | 21.0% | ||
| Q2 24 | 0.3% | -39.7% | ||
| Q1 24 | -2.2% | -3.1% |
资本支出强度MYRGSBGI
| Q4 25 | 3.1% | 2.3% | ||
| Q3 25 | 3.2% | 2.8% | ||
| Q2 25 | 2.4% | 2.2% | ||
| Q1 25 | 1.6% | 2.1% | ||
| Q4 24 | 1.5% | 2.3% | ||
| Q3 24 | 2.0% | 1.9% | ||
| Q2 24 | 2.4% | 2.8% | ||
| Q1 24 | 3.2% | 2.6% |
现金转化率MYRGSBGI
| Q4 25 | 3.14× | 0.90× | ||
| Q3 25 | 2.98× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 3.57× | — | ||
| Q4 24 | 1.32× | 1.13× | ||
| Q3 24 | 3.35× | 2.23× | ||
| Q2 24 | — | -18.00× | ||
| Q1 24 | 0.41× | -0.17× |
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
MYRG
| Market Type Electrical Construction | $442.6M | 45% |
| Market Type Transmission | $330.3M | 34% |
| Market Type Distribution | $200.6M | 21% |
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |
