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Quanta Services（PWR）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
Quanta Services的季度营收约是皇家加勒比集团的1.8倍（$7.9B vs $4.5B），皇家加勒比集团净利率更高（21.3% vs 2.9%，领先18.4%），Quanta Services同比增速更快（26.3% vs 11.3%），过去两年Quanta Services的营收复合增速更高（18.6% vs 4.1%）
Quanta Services是美国基础设施服务企业，业务覆盖电力、管道、工业、通信四大领域，可提供各类网络基础设施的规划、设计、安装、项目管理、运维及维修服务。公司自成立以来除内生增长外，已累计收购超150家电力承包领域相关企业。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
PWR vs RCL — 直观对比
营收规模更大
PWR
是对方的1.8倍
$4.5B
营收增速更快
PWR
高出15.0%
11.3%
净利率更高
RCL
高出18.4%
2.9%
两年增速更快
PWR
近两年复合增速
4.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.9B | $4.5B |
| 净利润 | $231.4M | $950.0M |
| 毛利率 | 14.1% | — |
| 营业利润率 | 4.3% | 26.1% |
| 净利率 | 2.9% | 21.3% |
| 营收同比 | 26.3% | 11.3% |
| 净利润同比 | 55.4% | 29.1% |
| 每股收益（稀释后） | $1.45 | $3.48 |
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PWRRCL
| Q1 26 | $7.9B | $4.5B | ||
| Q4 25 | $7.8B | $4.3B | ||
| Q3 25 | $7.6B | $5.1B | ||
| Q2 25 | $6.8B | $4.5B | ||
| Q1 25 | $6.2B | $4.0B | ||
| Q4 24 | $6.6B | $3.8B | ||
| Q3 24 | $6.5B | $4.9B | ||
| Q2 24 | $5.6B | $4.1B |
净利润PWRRCL
| Q1 26 | $231.4M | $950.0M | ||
| Q4 25 | $316.6M | $753.0M | ||
| Q3 25 | $339.4M | $1.6B | ||
| Q2 25 | $229.3M | $1.2B | ||
| Q1 25 | $144.3M | $730.0M | ||
| Q4 24 | $310.3M | $552.0M | ||
| Q3 24 | $293.2M | $1.1B | ||
| Q2 24 | $188.2M | $854.0M |
毛利率PWRRCL
| Q1 26 | 14.1% | — | ||
| Q4 25 | 15.5% | 47.4% | ||
| Q3 25 | 15.9% | 51.8% | ||
| Q2 25 | 14.9% | 49.7% | ||
| Q1 25 | 13.4% | 48.0% | ||
| Q4 24 | 16.2% | 45.4% | ||
| Q3 24 | 15.6% | 51.1% | ||
| Q2 24 | 14.5% | 47.6% |
营业利润率PWRRCL
| Q1 26 | 4.3% | 26.1% | ||
| Q4 25 | 6.2% | 21.9% | ||
| Q3 25 | 6.8% | 33.1% | ||
| Q2 25 | 5.5% | 29.3% | ||
| Q1 25 | 3.8% | 23.6% | ||
| Q4 24 | 6.9% | 16.6% | ||
| Q3 24 | 6.6% | 33.4% | ||
| Q2 24 | 5.5% | 26.7% |
净利率PWRRCL
| Q1 26 | 2.9% | 21.3% | ||
| Q4 25 | 4.0% | 17.7% | ||
| Q3 25 | 4.4% | 30.6% | ||
| Q2 25 | 3.4% | 26.7% | ||
| Q1 25 | 2.3% | 18.3% | ||
| Q4 24 | 4.7% | 14.7% | ||
| Q3 24 | 4.5% | 22.7% | ||
| Q2 24 | 3.4% | 20.8% |
每股收益（稀释后）PWRRCL
| Q1 26 | $1.45 | $3.48 | ||
| Q4 25 | $2.08 | $2.76 | ||
| Q3 25 | $2.24 | $5.74 | ||
| Q2 25 | $1.52 | $4.41 | ||
| Q1 25 | $0.96 | $2.70 | ||
| Q4 24 | $2.03 | $2.27 | ||
| Q3 24 | $1.95 | $4.21 | ||
| Q2 24 | $1.26 | $3.11 |
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 | $364.8M | $512.0M |
| 总债务越低越好 | $5.9B | $21.1B |
| 股东权益账面价值 | $9.0B | $10.0B |
| 总资产 | $25.7B | $42.0B |
| 负债/权益比越低杠杆越低 | 0.65× | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资PWRRCL
| Q1 26 | $364.8M | $512.0M | ||
| Q4 25 | $439.5M | $825.0M | ||
| Q3 25 | $610.4M | $432.0M | ||
| Q2 25 | $509.5M | $735.0M | ||
| Q1 25 | $520.6M | $386.0M | ||
| Q4 24 | $742.0M | $388.0M | ||
| Q3 24 | $764.1M | $418.0M | ||
| Q2 24 | $518.1M | $391.0M |
总债务PWRRCL
| Q1 26 | $5.9B | $21.1B | ||
| Q4 25 | $5.2B | $18.2B | ||
| Q3 25 | $5.5B | $17.2B | ||
| Q2 25 | $4.7B | $17.6B | ||
| Q1 25 | $4.4B | $18.0B | ||
| Q4 24 | $4.1B | $18.5B | ||
| Q3 24 | $4.1B | $19.0B | ||
| Q2 24 | $3.0B | $19.8B |
股东权益PWRRCL
| Q1 26 | $9.0B | $10.0B | ||
| Q4 25 | $8.9B | $10.0B | ||
| Q3 25 | $8.4B | $10.1B | ||
| Q2 25 | $7.9B | $9.2B | ||
| Q1 25 | $7.5B | $8.0B | ||
| Q4 24 | $7.3B | $7.6B | ||
| Q3 24 | $7.1B | $7.0B | ||
| Q2 24 | $6.6B | $6.0B |
总资产PWRRCL
| Q1 26 | $25.7B | $42.0B | ||
| Q4 25 | $24.9B | $41.6B | ||
| Q3 25 | $22.7B | $40.1B | ||
| Q2 25 | $19.9B | $38.5B | ||
| Q1 25 | $19.1B | $37.5B | ||
| Q4 24 | $18.7B | $37.1B | ||
| Q3 24 | $18.9B | $37.1B | ||
| Q2 24 | $15.9B | $37.0B |
负债/权益比PWRRCL
| Q1 26 | 0.65× | 2.11× | ||
| Q4 25 | 0.59× | 1.81× | ||
| Q3 25 | 0.66× | 1.70× | ||
| Q2 25 | 0.59× | 1.92× | ||
| Q1 25 | 0.58× | 2.26× | ||
| Q4 24 | 0.56× | 2.44× | ||
| Q3 24 | 0.58× | 2.69× | ||
| Q2 24 | 0.45× | 3.29× |
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 | $391.7M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $184.4M | — |
| 自由现金流率自由现金流/营收 | 2.3% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.69× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $1.7B | — |
8季度趋势，按日历期对齐
经营现金流PWRRCL
| Q1 26 | $391.7M | $1.8B | ||
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | $563.5M | $1.5B | ||
| Q2 25 | $295.7M | $1.7B | ||
| Q1 25 | $243.2M | $1.6B | ||
| Q4 24 | $712.0M | $1.5B | ||
| Q3 24 | $739.9M | $897.0M | ||
| Q2 24 | $391.3M | $1.6B |
自由现金流PWRRCL
| Q1 26 | $184.4M | — | ||
| Q4 25 | $934.0M | $116.0M | ||
| Q3 25 | $421.0M | $-989.0M | ||
| Q2 25 | $155.4M | $910.0M | ||
| Q1 25 | $110.4M | $1.2B | ||
| Q4 24 | $565.0M | $915.0M | ||
| Q3 24 | $527.4M | $563.0M | ||
| Q2 24 | $229.9M | $-567.0M |
自由现金流率PWRRCL
| Q1 26 | 2.3% | — | ||
| Q4 25 | 11.9% | 2.7% | ||
| Q3 25 | 5.5% | -19.2% | ||
| Q2 25 | 2.3% | 20.1% | ||
| Q1 25 | 1.8% | 30.0% | ||
| Q4 24 | 8.6% | 24.3% | ||
| Q3 24 | 8.1% | 11.5% | ||
| Q2 24 | 4.1% | -13.8% |
资本支出强度PWRRCL
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 35.4% | ||
| Q3 25 | 1.9% | 47.8% | ||
| Q2 25 | 2.1% | 18.4% | ||
| Q1 25 | 2.1% | 10.7% | ||
| Q4 24 | 2.2% | 14.7% | ||
| Q3 24 | 3.3% | 6.8% | ||
| Q2 24 | 2.9% | 52.1% |
现金转化率PWRRCL
| Q1 26 | 1.69× | 1.93× | ||
| Q4 25 | 3.56× | 2.16× | ||
| Q3 25 | 1.66× | 0.93× | ||
| Q2 25 | 1.29× | 1.44× | ||
| Q1 25 | 1.69× | 2.23× | ||
| Q4 24 | 2.29× | 2.66× | ||
| Q3 24 | 2.52× | 0.81× | ||
| Q2 24 | 2.08× | 1.84× |
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
PWR
| Electric | $6.5B | 82% |
| Underground and Infrastructure | $1.4B | 18% |
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
