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Primoris Services Corp（PRIM）与Sally Beauty Holdings, Inc.（SBH）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Sally Beauty Holdings, Inc.的2.0倍（$1.9B vs $943.2M），Sally Beauty Holdings, Inc.净利率更高（4.8% vs 2.8%，领先2.0%），Primoris Services Corp同比增速更快（6.7% vs 0.6%），Primoris Services Corp自由现金流更多（$121.1M vs $57.5M），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs 1.9%）
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。
莎莉美容控股是美国的跨国专业美妆用品零售及分销商，主营专业级美容相关产品供应，年营收超39亿美元，业务覆盖全球多个市场，在专业美容供应链领域拥有较高的行业知名度。
PRIM vs SBH — 直观对比
营收规模更大
PRIM
是对方的2.0倍
$943.2M
营收增速更快
PRIM
高出6.1%
0.6%
净利率更高
SBH
高出2.0%
2.8%
自由现金流更多
PRIM
多$63.7M
$57.5M
两年增速更快
PRIM
近两年复合增速
1.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $943.2M |
| 净利润 | $51.7M | $45.6M |
| 毛利率 | 9.4% | 51.2% |
| 营业利润率 | 4.2% | 8.1% |
| 净利率 | 2.8% | 4.8% |
| 营收同比 | 6.7% | 0.6% |
| 净利润同比 | -4.2% | -25.3% |
| 每股收益（稀释后） | $0.94 | $0.45 |
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PRIMSBH
| Q4 25 | $1.9B | $943.2M | ||
| Q3 25 | $2.2B | $947.1M | ||
| Q2 25 | $1.9B | $933.3M | ||
| Q1 25 | $1.6B | $883.1M | ||
| Q4 24 | $1.7B | $937.9M | ||
| Q3 24 | $1.6B | $935.0M | ||
| Q2 24 | $1.6B | $942.3M | ||
| Q1 24 | $1.4B | $908.4M |
净利润PRIMSBH
| Q4 25 | $51.7M | $45.6M | ||
| Q3 25 | $94.6M | $49.9M | ||
| Q2 25 | $84.3M | $45.7M | ||
| Q1 25 | $44.2M | $39.2M | ||
| Q4 24 | $54.0M | $61.0M | ||
| Q3 24 | $58.4M | $48.1M | ||
| Q2 24 | $49.5M | $37.7M | ||
| Q1 24 | $18.9M | $29.2M |
毛利率PRIMSBH
| Q4 25 | 9.4% | 51.2% | ||
| Q3 25 | 10.8% | 52.2% | ||
| Q2 25 | 12.3% | 51.5% | ||
| Q1 25 | 10.4% | 52.0% | ||
| Q4 24 | 10.6% | 50.8% | ||
| Q3 24 | 12.0% | 51.2% | ||
| Q2 24 | 11.9% | 51.0% | ||
| Q1 24 | 9.4% | 51.0% |
营业利润率PRIMSBH
| Q4 25 | 4.2% | 8.1% | ||
| Q3 25 | 6.3% | 8.4% | ||
| Q2 25 | 6.7% | 8.4% | ||
| Q1 25 | 4.3% | 7.9% | ||
| Q4 24 | 5.0% | 10.7% | ||
| Q3 24 | 6.0% | 8.8% | ||
| Q2 24 | 5.5% | 7.6% | ||
| Q1 24 | 3.1% | 6.6% |
净利率PRIMSBH
| Q4 25 | 2.8% | 4.8% | ||
| Q3 25 | 4.3% | 5.3% | ||
| Q2 25 | 4.5% | 4.9% | ||
| Q1 25 | 2.7% | 4.4% | ||
| Q4 24 | 3.1% | 6.5% | ||
| Q3 24 | 3.5% | 5.1% | ||
| Q2 24 | 3.2% | 4.0% | ||
| Q1 24 | 1.3% | 3.2% |
每股收益（稀释后）PRIMSBH
| Q4 25 | $0.94 | $0.45 | ||
| Q3 25 | $1.73 | $0.49 | ||
| Q2 25 | $1.54 | $0.44 | ||
| Q1 25 | $0.81 | $0.38 | ||
| Q4 24 | $0.98 | $0.58 | ||
| Q3 24 | $1.07 | $0.45 | ||
| Q2 24 | $0.91 | $0.36 | ||
| Q1 24 | $0.35 | $0.27 |
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 | $157.2M |
| 总债务越低越好 | $469.9M | $842.5M |
| 股东权益账面价值 | $1.7B | $823.6M |
| 总资产 | $4.4B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.28× | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资PRIMSBH
| Q4 25 | $535.5M | $157.2M | ||
| Q3 25 | $431.4M | $149.2M | ||
| Q2 25 | $390.3M | $112.8M | ||
| Q1 25 | $351.6M | $92.2M | ||
| Q4 24 | $455.8M | $105.5M | ||
| Q3 24 | $352.7M | $108.0M | ||
| Q2 24 | $207.4M | $97.4M | ||
| Q1 24 | $177.6M | $97.2M |
总债务PRIMSBH
| Q4 25 | $469.9M | $842.5M | ||
| Q3 25 | $486.0M | $862.0M | ||
| Q2 25 | $603.1M | $882.4M | ||
| Q1 25 | $612.0M | $902.8M | ||
| Q4 24 | $734.8M | $938.1M | ||
| Q3 24 | $903.7M | $978.3M | ||
| Q2 24 | $933.0M | $978.9M | ||
| Q1 24 | $951.7M | $978.4M |
股东权益PRIMSBH
| Q4 25 | $1.7B | $823.6M | ||
| Q3 25 | $1.6B | $794.2M | ||
| Q2 25 | $1.5B | $762.9M | ||
| Q1 25 | $1.4B | $699.8M | ||
| Q4 24 | $1.4B | $656.5M | ||
| Q3 24 | $1.4B | $628.5M | ||
| Q2 24 | $1.3B | $577.7M | ||
| Q1 24 | $1.2B | $550.9M |
总资产PRIMSBH
| Q4 25 | $4.4B | $2.9B | ||
| Q3 25 | $4.6B | $2.9B | ||
| Q2 25 | $4.5B | $2.7B | ||
| Q1 25 | $4.2B | $2.7B | ||
| Q4 24 | $4.2B | $2.7B | ||
| Q3 24 | $4.2B | $2.8B | ||
| Q2 24 | $4.0B | $2.7B | ||
| Q1 24 | $4.0B | $2.7B |
负债/权益比PRIMSBH
| Q4 25 | 0.28× | 1.02× | ||
| Q3 25 | 0.30× | 1.09× | ||
| Q2 25 | 0.39× | 1.16× | ||
| Q1 25 | 0.42× | 1.29× | ||
| Q4 24 | 0.52× | 1.43× | ||
| Q3 24 | 0.67× | 1.56× | ||
| Q2 24 | 0.72× | 1.69× | ||
| Q1 24 | 0.76× | 1.78× |
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 | $93.2M |
| 自由现金流经营现金流 - 资本支出 | $121.1M | $57.5M |
| 自由现金流率自由现金流/营收 | 6.5% | 6.1% |
| 资本支出强度资本支出/营收 | 1.2% | 3.8% |
| 现金转化率经营现金流/净利润 | 2.76× | 2.05× |
| 过去12个月自由现金流最近4个季度 | $340.5M | $216.8M |
8季度趋势，按日历期对齐
经营现金流PRIMSBH
| Q4 25 | $142.9M | $93.2M | ||
| Q3 25 | $182.9M | $120.9M | ||
| Q2 25 | $78.5M | $69.4M | ||
| Q1 25 | $66.2M | $51.1M | ||
| Q4 24 | $298.3M | $33.5M | ||
| Q3 24 | $222.5M | $110.7M | ||
| Q2 24 | $16.1M | $47.9M | ||
| Q1 24 | $-28.5M | $36.9M |
自由现金流PRIMSBH
| Q4 25 | $121.1M | $57.5M | ||
| Q3 25 | $148.4M | $78.0M | ||
| Q2 25 | $45.3M | $49.1M | ||
| Q1 25 | $25.6M | $32.2M | ||
| Q4 24 | $270.0M | $13.4M | ||
| Q3 24 | $158.8M | $73.3M | ||
| Q2 24 | $-8.1M | $28.7M | ||
| Q1 24 | $-38.9M | $22.8M |
自由现金流率PRIMSBH
| Q4 25 | 6.5% | 6.1% | ||
| Q3 25 | 6.8% | 8.2% | ||
| Q2 25 | 2.4% | 5.3% | ||
| Q1 25 | 1.6% | 3.6% | ||
| Q4 24 | 15.5% | 1.4% | ||
| Q3 24 | 9.6% | 7.8% | ||
| Q2 24 | -0.5% | 3.1% | ||
| Q1 24 | -2.8% | 2.5% |
资本支出强度PRIMSBH
| Q4 25 | 1.2% | 3.8% | ||
| Q3 25 | 1.6% | 4.5% | ||
| Q2 25 | 1.8% | 2.2% | ||
| Q1 25 | 2.5% | 2.1% | ||
| Q4 24 | 1.6% | 2.1% | ||
| Q3 24 | 3.9% | 4.0% | ||
| Q2 24 | 1.5% | 2.0% | ||
| Q1 24 | 0.7% | 1.6% |
现金转化率PRIMSBH
| Q4 25 | 2.76× | 2.05× | ||
| Q3 25 | 1.93× | 2.42× | ||
| Q2 25 | 0.93× | 1.52× | ||
| Q1 25 | 1.50× | 1.30× | ||
| Q4 24 | 5.53× | 0.55× | ||
| Q3 24 | 3.81× | 2.30× | ||
| Q2 24 | 0.32× | 1.27× | ||
| Q1 24 | -1.50× | 1.26× |
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% |
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
