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Primoris Services Corp（PRIM）与Qorvo, Inc.（QRVO）财务数据对比。点击上方公司名可切换其他公司
Primoris Services Corp的季度营收约是Qorvo, Inc.的1.9倍（$1.9B vs $993.0M），Qorvo, Inc.净利率更高（16.5% vs 2.8%，领先13.7%），Qorvo, Inc.同比增速更快（8.4% vs 6.7%），Qorvo, Inc.自由现金流更多（$236.9M vs $121.1M），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs 2.7%）
Primoris Services Corp是总部位于美国的上市专业基建与工程建设企业，核心业务覆盖天然气管道、污水管网及供水管道建设领域，2014年入选《财富》1000强榜单，在北美能源及民生基建领域拥有丰富的项目运营经验。
Qorvo是一家美国跨国企业，专注于无线、有线及电源市场相关产品的研发与供应。该公司由TriQuint半导体与RF Micro Devices合并而来，合并计划于2014年公布，2015年1月1日正式完成，在纳斯达克挂牌上市，股票代码QRVO，原实行双总部制，2016年中起将北卡罗来纳州基地作为总部所在地。
PRIM vs QRVO — 直观对比
营收规模更大
PRIM
是对方的1.9倍
$993.0M
营收增速更快
QRVO
高出1.7%
6.7%
净利率更高
QRVO
高出13.7%
2.8%
自由现金流更多
QRVO
多$115.8M
$121.1M
两年增速更快
PRIM
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $993.0M |
| 净利润 | $51.7M | $164.1M |
| 毛利率 | 9.4% | 46.7% |
| 营业利润率 | 4.2% | 19.4% |
| 净利率 | 2.8% | 16.5% |
| 营收同比 | 6.7% | 8.4% |
| 净利润同比 | -4.2% | 297.5% |
| 每股收益（稀释后） | $0.94 | $1.75 |
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PRIMQRVO
| Q4 25 | $1.9B | $993.0M | ||
| Q3 25 | $2.2B | $1.1B | ||
| Q2 25 | $1.9B | $818.8M | ||
| Q1 25 | $1.6B | $869.5M | ||
| Q4 24 | $1.7B | $916.3M | ||
| Q3 24 | $1.6B | $1.0B | ||
| Q2 24 | $1.6B | $886.7M | ||
| Q1 24 | $1.4B | $941.0M |
净利润PRIMQRVO
| Q4 25 | $51.7M | $164.1M | ||
| Q3 25 | $94.6M | $119.6M | ||
| Q2 25 | $84.3M | $25.6M | ||
| Q1 25 | $44.2M | $31.4M | ||
| Q4 24 | $54.0M | $41.3M | ||
| Q3 24 | $58.4M | $-17.4M | ||
| Q2 24 | $49.5M | $414.0K | ||
| Q1 24 | $18.9M | $2.7M |
毛利率PRIMQRVO
| Q4 25 | 9.4% | 46.7% | ||
| Q3 25 | 10.8% | 47.0% | ||
| Q2 25 | 12.3% | 40.5% | ||
| Q1 25 | 10.4% | 42.2% | ||
| Q4 24 | 10.6% | 42.7% | ||
| Q3 24 | 12.0% | 42.6% | ||
| Q2 24 | 11.9% | 37.5% | ||
| Q1 24 | 9.4% | 40.6% |
营业利润率PRIMQRVO
| Q4 25 | 4.2% | 19.4% | ||
| Q3 25 | 6.3% | 14.9% | ||
| Q2 25 | 6.7% | 3.7% | ||
| Q1 25 | 4.3% | 3.2% | ||
| Q4 24 | 5.0% | 5.8% | ||
| Q3 24 | 6.0% | 0.9% | ||
| Q2 24 | 5.5% | 0.5% | ||
| Q1 24 | 3.1% | 3.2% |
净利率PRIMQRVO
| Q4 25 | 2.8% | 16.5% | ||
| Q3 25 | 4.3% | 11.3% | ||
| Q2 25 | 4.5% | 3.1% | ||
| Q1 25 | 2.7% | 3.6% | ||
| Q4 24 | 3.1% | 4.5% | ||
| Q3 24 | 3.5% | -1.7% | ||
| Q2 24 | 3.2% | 0.0% | ||
| Q1 24 | 1.3% | 0.3% |
每股收益（稀释后）PRIMQRVO
| Q4 25 | $0.94 | $1.75 | ||
| Q3 25 | $1.73 | $1.28 | ||
| Q2 25 | $1.54 | $0.27 | ||
| Q1 25 | $0.81 | $0.33 | ||
| Q4 24 | $0.98 | $0.43 | ||
| Q3 24 | $1.07 | $-0.18 | ||
| Q2 24 | $0.91 | $0.00 | ||
| Q1 24 | $0.35 | $0.04 |
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 | $535.5M | $1.3B |
| 总债务越低越好 | $469.9M | $1.5B |
| 股东权益账面价值 | $1.7B | $3.7B |
| 总资产 | $4.4B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.28× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资PRIMQRVO
| Q4 25 | $535.5M | $1.3B | ||
| Q3 25 | $431.4M | $1.1B | ||
| Q2 25 | $390.3M | $1.2B | ||
| Q1 25 | $351.6M | $1.0B | ||
| Q4 24 | $455.8M | $769.4M | ||
| Q3 24 | $352.7M | $1.1B | ||
| Q2 24 | $207.4M | $1.1B | ||
| Q1 24 | $177.6M | $1.0B |
总债务PRIMQRVO
| Q4 25 | $469.9M | $1.5B | ||
| Q3 25 | $486.0M | $1.5B | ||
| Q2 25 | $603.1M | $1.5B | ||
| Q1 25 | $612.0M | $1.5B | ||
| Q4 24 | $734.8M | $1.5B | ||
| Q3 24 | $903.7M | $1.5B | ||
| Q2 24 | $933.0M | $1.5B | ||
| Q1 24 | $951.7M | $1.5B |
股东权益PRIMQRVO
| Q4 25 | $1.7B | $3.7B | ||
| Q3 25 | $1.6B | $3.5B | ||
| Q2 25 | $1.5B | $3.4B | ||
| Q1 25 | $1.4B | $3.4B | ||
| Q4 24 | $1.4B | $3.4B | ||
| Q3 24 | $1.4B | $3.4B | ||
| Q2 24 | $1.3B | $3.5B | ||
| Q1 24 | $1.2B | $3.6B |
总资产PRIMQRVO
| Q4 25 | $4.4B | $6.2B | ||
| Q3 25 | $4.6B | $6.1B | ||
| Q2 25 | $4.5B | $6.0B | ||
| Q1 25 | $4.2B | $5.9B | ||
| Q4 24 | $4.2B | $6.0B | ||
| Q3 24 | $4.2B | $6.5B | ||
| Q2 24 | $4.0B | $6.4B | ||
| Q1 24 | $4.0B | $6.6B |
负债/权益比PRIMQRVO
| Q4 25 | 0.28× | 0.42× | ||
| Q3 25 | 0.30× | 0.44× | ||
| Q2 25 | 0.39× | 0.45× | ||
| Q1 25 | 0.42× | 0.46× | ||
| Q4 24 | 0.52× | 0.46× | ||
| Q3 24 | 0.67× | 0.45× | ||
| Q2 24 | 0.72× | 0.44× | ||
| Q1 24 | 0.76× | 0.44× |
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 | $142.9M | $265.4M |
| 自由现金流经营现金流 - 资本支出 | $121.1M | $236.9M |
| 自由现金流率自由现金流/营收 | 6.5% | 23.9% |
| 资本支出强度资本支出/营收 | 1.2% | 2.9% |
| 现金转化率经营现金流/净利润 | 2.76× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $340.5M | $595.2M |
8季度趋势，按日历期对齐
经营现金流PRIMQRVO
| Q4 25 | $142.9M | $265.4M | ||
| Q3 25 | $182.9M | $84.0M | ||
| Q2 25 | $78.5M | $182.9M | ||
| Q1 25 | $66.2M | $199.2M | ||
| Q4 24 | $298.3M | $214.1M | ||
| Q3 24 | $222.5M | $127.8M | ||
| Q2 24 | $16.1M | $81.1M | ||
| Q1 24 | $-28.5M | — |
自由现金流PRIMQRVO
| Q4 25 | $121.1M | $236.9M | ||
| Q3 25 | $148.4M | $42.2M | ||
| Q2 25 | $45.3M | $145.4M | ||
| Q1 25 | $25.6M | $170.7M | ||
| Q4 24 | $270.0M | $176.2M | ||
| Q3 24 | $158.8M | $94.8M | ||
| Q2 24 | $-8.1M | $42.9M | ||
| Q1 24 | $-38.9M | — |
自由现金流率PRIMQRVO
| Q4 25 | 6.5% | 23.9% | ||
| Q3 25 | 6.8% | 4.0% | ||
| Q2 25 | 2.4% | 17.8% | ||
| Q1 25 | 1.6% | 19.6% | ||
| Q4 24 | 15.5% | 19.2% | ||
| Q3 24 | 9.6% | 9.1% | ||
| Q2 24 | -0.5% | 4.8% | ||
| Q1 24 | -2.8% | — |
资本支出强度PRIMQRVO
| Q4 25 | 1.2% | 2.9% | ||
| Q3 25 | 1.6% | 3.9% | ||
| Q2 25 | 1.8% | 4.6% | ||
| Q1 25 | 2.5% | 3.3% | ||
| Q4 24 | 1.6% | 4.1% | ||
| Q3 24 | 3.9% | 3.2% | ||
| Q2 24 | 1.5% | 4.3% | ||
| Q1 24 | 0.7% | — |
现金转化率PRIMQRVO
| Q4 25 | 2.76× | 1.62× | ||
| Q3 25 | 1.93× | 0.70× | ||
| Q2 25 | 0.93× | 7.15× | ||
| Q1 25 | 1.50× | 6.35× | ||
| Q4 24 | 5.53× | 5.19× | ||
| Q3 24 | 3.81× | — | ||
| Q2 24 | 0.32× | 195.86× | ||
| Q1 24 | -1.50× | — |
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
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
QRVO
| ACG | $690.8M | 70% |
| HPA | $190.9M | 19% |
| CSG | $111.3M | 11% |
