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MYR GROUP INC.（MYRG）与天宝（TRMB）财务数据对比。点击上方公司名可切换其他公司
MYR GROUP INC.的季度营收约是天宝的1.0倍（$973.5M vs $969.8M），天宝净利率更高（16.1% vs 3.8%，领先12.4%），MYR GROUP INC.同比增速更快（17.3% vs -73.7%），天宝自由现金流更多（$360.9M vs $84.9M），过去两年MYR GROUP INC.的营收复合增速更高（9.3% vs 0.9%）
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。
天宝（Trimble Inc.）是1978年成立的美国科技企业，总部位于科罗拉多州威斯敏斯特，于纳斯达克上市，为标普500成分股。公司面向建筑工程、地理空间测绘、交通物流等多个行业，提供软硬件产品及相关技术服务。
MYRG vs TRMB — 直观对比
营收规模更大
MYRG
是对方的1.0倍
$969.8M
营收增速更快
MYRG
高出91.0%
-73.7%
净利率更高
TRMB
高出12.4%
3.8%
自由现金流更多
TRMB
多$276.0M
$84.9M
两年增速更快
MYRG
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $973.5M | $969.8M |
| 净利润 | $36.5M | $156.6M |
| 毛利率 | 11.4% | 72.0% |
| 营业利润率 | 4.8% | 22.3% |
| 净利率 | 3.8% | 16.1% |
| 营收同比 | 17.3% | -73.7% |
| 净利润同比 | 129.1% | 73.6% |
| 每股收益（稀释后） | $2.33 | $0.65 |
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MYRGTRMB
| Q4 25 | $973.5M | $901.2M | ||
| Q3 25 | $950.4M | $875.7M | ||
| Q2 25 | $900.3M | $840.6M | ||
| Q1 25 | $833.6M | $983.4M | ||
| Q4 24 | $829.8M | — | ||
| Q3 24 | $888.0M | $875.8M | ||
| Q2 24 | $828.9M | $870.8M | ||
| Q1 24 | $815.6M | $953.3M |
净利润MYRGTRMB
| Q4 25 | $36.5M | $111.5M | ||
| Q3 25 | $32.1M | $89.2M | ||
| Q2 25 | $26.5M | $66.7M | ||
| Q1 25 | $23.3M | $90.2M | ||
| Q4 24 | $16.0M | — | ||
| Q3 24 | $10.6M | $40.6M | ||
| Q2 24 | $-15.3M | $1.3B | ||
| Q1 24 | $18.9M | $57.2M |
毛利率MYRGTRMB
| Q4 25 | 11.4% | 68.9% | ||
| Q3 25 | 11.8% | 68.3% | ||
| Q2 25 | 11.5% | 66.7% | ||
| Q1 25 | 11.6% | 69.3% | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 8.7% | 65.7% | ||
| Q2 24 | 4.9% | 62.7% | ||
| Q1 24 | 10.6% | 62.3% |
营业利润率MYRGTRMB
| Q4 25 | 4.8% | 16.7% | ||
| Q3 25 | 4.9% | 14.6% | ||
| Q2 25 | 4.4% | 11.6% | ||
| Q1 25 | 4.1% | 17.6% | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 2.3% | 13.3% | ||
| Q2 24 | -2.5% | 7.1% | ||
| Q1 24 | 3.0% | 11.5% |
净利率MYRGTRMB
| Q4 25 | 3.8% | 12.4% | ||
| Q3 25 | 3.4% | 10.2% | ||
| Q2 25 | 2.9% | 7.9% | ||
| Q1 25 | 2.8% | 9.2% | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.2% | 4.6% | ||
| Q2 24 | -1.8% | 151.2% | ||
| Q1 24 | 2.3% | 6.0% |
每股收益（稀释后）MYRGTRMB
| Q4 25 | $2.33 | $0.46 | ||
| Q3 25 | $2.05 | $0.37 | ||
| Q2 25 | $1.70 | $0.27 | ||
| Q1 25 | $1.45 | $0.36 | ||
| Q4 24 | $0.97 | — | ||
| Q3 24 | $0.65 | $0.16 | ||
| Q2 24 | $-0.91 | $5.34 | ||
| Q1 24 | $1.12 | $0.23 |
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 | $253.4M |
| 总债务越低越好 | $59.0M | $1.4B |
| 股东权益账面价值 | $660.4M | $5.8B |
| 总资产 | $1.6B | $9.3B |
| 负债/权益比越低杠杆越低 | 0.09× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资MYRGTRMB
| Q4 25 | $150.2M | $232.7M | ||
| Q3 25 | $76.2M | $265.9M | ||
| Q2 25 | $23.0M | $290.0M | ||
| Q1 25 | $10.9M | $738.8M | ||
| Q4 24 | $3.5M | — | ||
| Q3 24 | $7.6M | $1.0B | ||
| Q2 24 | $1.9M | $944.1M | ||
| Q1 24 | $3.9M | $255.1M |
总债务MYRGTRMB
| Q4 25 | $59.0M | $1.4B | ||
| Q3 25 | $72.0M | — | ||
| Q2 25 | $86.1M | — | ||
| Q1 25 | $87.2M | $1.4B | ||
| Q4 24 | $74.4M | — | ||
| Q3 24 | $93.2M | — | ||
| Q2 24 | $45.1M | — | ||
| Q1 24 | $37.9M | — |
股东权益MYRGTRMB
| Q4 25 | $660.4M | $5.8B | ||
| Q3 25 | $617.6M | $5.7B | ||
| Q2 25 | $583.2M | $5.4B | ||
| Q1 25 | $548.7M | $5.7B | ||
| Q4 24 | $600.4M | — | ||
| Q3 24 | $588.5M | $5.9B | ||
| Q2 24 | $633.3M | $5.6B | ||
| Q1 24 | $663.7M | $4.3B |
总资产MYRGTRMB
| Q4 25 | $1.6B | $9.0B | ||
| Q3 25 | $1.6B | $9.1B | ||
| Q2 25 | $1.6B | $8.9B | ||
| Q1 25 | $1.5B | $9.5B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | $9.9B | ||
| Q2 24 | $1.6B | $9.6B | ||
| Q1 24 | $1.6B | $9.3B |
负债/权益比MYRGTRMB
| Q4 25 | 0.09× | 0.24× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.16× | 0.24× | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.07× | — | ||
| Q1 24 | 0.06× | — |
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 | $386.2M |
| 自由现金流经营现金流 - 资本支出 | $84.9M | $360.9M |
| 自由现金流率自由现金流/营收 | 8.7% | 37.2% |
| 资本支出强度资本支出/营收 | 3.1% | 2.6% |
| 现金转化率经营现金流/净利润 | 3.14× | 2.47× |
| 过去12个月自由现金流最近4个季度 | $232.2M | — |
8季度趋势，按日历期对齐
经营现金流MYRGTRMB
| Q4 25 | $114.8M | — | ||
| Q3 25 | $95.6M | $123.8M | ||
| Q2 25 | $32.9M | $155.6M | ||
| Q1 25 | $83.3M | $115.1M | ||
| Q4 24 | $21.1M | — | ||
| Q3 24 | $35.6M | $94.9M | ||
| Q2 24 | $22.7M | $87.6M | ||
| Q1 24 | $7.7M | $233.8M |
自由现金流MYRGTRMB
| Q4 25 | $84.9M | — | ||
| Q3 25 | $65.4M | $116.6M | ||
| Q2 25 | $11.6M | $149.0M | ||
| Q1 25 | $70.2M | $109.0M | ||
| Q4 24 | $8.8M | — | ||
| Q3 24 | $18.0M | $88.5M | ||
| Q2 24 | $2.5M | $73.3M | ||
| Q1 24 | $-18.1M | $227.0M |
自由现金流率MYRGTRMB
| Q4 25 | 8.7% | — | ||
| Q3 25 | 6.9% | 13.3% | ||
| Q2 25 | 1.3% | 17.7% | ||
| Q1 25 | 8.4% | 11.1% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 2.0% | 10.1% | ||
| Q2 24 | 0.3% | 8.4% | ||
| Q1 24 | -2.2% | 23.8% |
资本支出强度MYRGTRMB
| Q4 25 | 3.1% | — | ||
| Q3 25 | 3.2% | 0.8% | ||
| Q2 25 | 2.4% | 0.8% | ||
| Q1 25 | 1.6% | 0.6% | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 2.0% | 0.7% | ||
| Q2 24 | 2.4% | 1.6% | ||
| Q1 24 | 3.2% | 0.7% |
现金转化率MYRGTRMB
| Q4 25 | 3.14× | — | ||
| Q3 25 | 2.98× | 1.39× | ||
| Q2 25 | 1.24× | 2.33× | ||
| Q1 25 | 3.57× | 1.28× | ||
| Q4 24 | 1.32× | — | ||
| Q3 24 | 3.35× | 2.34× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | 0.41× | 4.09× |
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% |
TRMB
| Subscription and services | $701.5M | 72% |
| Product | $268.3M | 28% |
