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安捷伦科技（A）与J.M. Smucker Company (The)（SJM）财务数据对比。点击上方公司名可切换其他公司
J.M. Smucker Company (The)的季度营收约是安捷伦科技的1.3倍（$2.3B vs $1.8B），安捷伦科技净利率更高（17.0% vs 10.4%，领先6.6%），安捷伦科技同比增速更快（7.0% vs 2.6%），J.M. Smucker Company (The)自由现金流更多（$280.2M vs $175.0M），过去两年安捷伦科技的营收复合增速更高（6.9% vs 2.2%）
安捷伦科技是全球知名的生命科学、诊断与应用化学领域解决方案提供商，旗下生命科学与应用市场业务板块提供液相色谱系统及组件、液相色谱质谱联用系统、气相色谱设备、电感耦合等离子体质谱仪、原子吸收仪等多种分析检测仪器，服务全球各领域客户。
J.M.斯马克公司是美国食品饮料生产企业，总部位于俄亥俄州奥维尔，1897年成立之初主营苹果酱生产，目前旗下设消费食品、宠物食品、咖啡三大业务板块，核心品牌Smucker's主打果酱、花生酱、糖浆、无皮冷冻三明治、冰淇淋顶料等产品。
A vs SJM — 直观对比
营收规模更大
SJM
是对方的1.3倍
$1.8B
营收增速更快
A
高出4.4%
2.6%
净利率更高
A
高出6.6%
10.4%
自由现金流更多
SJM
多$105.2M
$175.0M
两年增速更快
A
近两年复合增速
2.2%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.3B |
| 净利润 | $305.0M | $241.3M |
| 毛利率 | 52.6% | 37.3% |
| 营业利润率 | 19.6% | 18.0% |
| 净利率 | 17.0% | 10.4% |
| 营收同比 | 7.0% | 2.6% |
| 净利润同比 | -4.1% | 1084.9% |
| 每股收益（稀释后） | $1.07 | $2.26 |
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ASJM
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.9B | $2.3B | ||
| Q3 25 | $1.7B | $2.1B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.7B | $2.3B | ||
| Q3 24 | $1.6B | $2.1B | ||
| Q2 24 | $1.6B | $2.2B |
净利润ASJM
| Q1 26 | $305.0M | — | ||
| Q4 25 | $434.0M | $241.3M | ||
| Q3 25 | $336.0M | $-43.9M | ||
| Q2 25 | $215.0M | $-729.0M | ||
| Q1 25 | $318.0M | $-662.3M | ||
| Q4 24 | $351.0M | $-24.5M | ||
| Q3 24 | $282.0M | $185.0M | ||
| Q2 24 | $308.0M | $245.1M |
毛利率ASJM
| Q1 26 | 52.6% | — | ||
| Q4 25 | 53.2% | 37.3% | ||
| Q3 25 | 51.1% | 22.5% | ||
| Q2 25 | 51.9% | 38.4% | ||
| Q1 25 | 53.5% | 40.2% | ||
| Q4 24 | 53.9% | 39.0% | ||
| Q3 24 | 54.2% | 37.5% | ||
| Q2 24 | 54.4% | 41.4% |
营业利润率ASJM
| Q1 26 | 19.6% | — | ||
| Q4 25 | 23.8% | 18.0% | ||
| Q3 25 | 20.7% | 2.2% | ||
| Q2 25 | 18.0% | -27.9% | ||
| Q1 25 | 22.4% | -27.2% | ||
| Q4 24 | 24.0% | 7.5% | ||
| Q3 24 | 21.1% | 16.4% | ||
| Q2 24 | 23.1% | 18.4% |
净利率ASJM
| Q1 26 | 17.0% | — | ||
| Q4 25 | 23.3% | 10.4% | ||
| Q3 25 | 19.3% | -2.1% | ||
| Q2 25 | 12.9% | -34.0% | ||
| Q1 25 | 18.9% | -30.3% | ||
| Q4 24 | 20.6% | -1.1% | ||
| Q3 24 | 17.9% | 8.7% | ||
| Q2 24 | 19.6% | 11.1% |
每股收益（稀释后）ASJM
| Q1 26 | $1.07 | — | ||
| Q4 25 | $1.53 | $2.26 | ||
| Q3 25 | $1.18 | $-0.41 | ||
| Q2 25 | $0.75 | $-6.86 | ||
| Q1 25 | $1.11 | $-6.22 | ||
| Q4 24 | $1.23 | $-0.23 | ||
| Q3 24 | $0.97 | $1.74 | ||
| Q2 24 | $1.05 | $2.31 |
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 | $1.8B | — |
| 总债务越低越好 | $3.0B | $7.0B |
| 股东权益账面价值 | $6.9B | $6.1B |
| 总资产 | $12.8B | $17.6B |
| 负债/权益比越低杠杆越低 | 0.44× | 1.16× |
8季度趋势，按日历期对齐
现金及短期投资ASJM
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.7B | — |
总债务ASJM
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $7.0B | ||
| Q3 25 | $3.4B | $7.0B | ||
| Q2 25 | $3.3B | $7.0B | ||
| Q1 25 | $3.3B | $7.4B | ||
| Q4 24 | $3.3B | $7.8B | ||
| Q3 24 | $2.1B | $7.8B | ||
| Q2 24 | $2.1B | $7.8B |
股东权益ASJM
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.7B | $6.1B | ||
| Q3 25 | $6.4B | $5.9B | ||
| Q2 25 | $6.1B | $6.1B | ||
| Q1 25 | $6.0B | $6.9B | ||
| Q4 24 | $5.9B | $7.6B | ||
| Q3 24 | $5.9B | $7.8B | ||
| Q2 24 | $6.2B | $7.7B |
总资产ASJM
| Q1 26 | $12.8B | — | ||
| Q4 25 | $12.7B | $17.6B | ||
| Q3 25 | $12.2B | $17.7B | ||
| Q2 25 | $12.2B | $17.6B | ||
| Q1 25 | $11.9B | $18.4B | ||
| Q4 24 | $11.8B | $20.0B | ||
| Q3 24 | $11.0B | $20.3B | ||
| Q2 24 | $10.9B | $20.3B |
负债/权益比ASJM
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.45× | 1.16× | ||
| Q3 25 | 0.53× | 1.19× | ||
| Q2 25 | 0.55× | 1.16× | ||
| Q1 25 | 0.56× | 1.07× | ||
| Q4 24 | 0.57× | 1.02× | ||
| Q3 24 | 0.36× | 1.00× | ||
| Q2 24 | 0.34× | 1.01× |
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 | $268.0M | $346.5M |
| 自由现金流经营现金流 - 资本支出 | $175.0M | $280.2M |
| 自由现金流率自由现金流/营收 | 9.7% | 12.0% |
| 资本支出强度资本支出/营收 | 5.2% | 2.8% |
| 现金转化率经营现金流/净利润 | 0.88× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $993.0M | $635.5M |
8季度趋势，按日历期对齐
经营现金流ASJM
| Q1 26 | $268.0M | — | ||
| Q4 25 | $545.0M | $346.5M | ||
| Q3 25 | $362.0M | $-10.6M | ||
| Q2 25 | $221.0M | $393.9M | ||
| Q1 25 | $431.0M | $239.4M | ||
| Q4 24 | $481.0M | $404.2M | ||
| Q3 24 | $452.0M | $172.9M | ||
| Q2 24 | $333.0M | $428.1M |
自由现金流ASJM
| Q1 26 | $175.0M | — | ||
| Q4 25 | $452.0M | $280.2M | ||
| Q3 25 | $259.0M | $-94.9M | ||
| Q2 25 | $107.0M | $298.9M | ||
| Q1 25 | $334.0M | $151.3M | ||
| Q4 24 | $388.0M | $317.2M | ||
| Q3 24 | $360.0M | $49.2M | ||
| Q2 24 | $230.0M | $297.5M |
自由现金流率ASJM
| Q1 26 | 9.7% | — | ||
| Q4 25 | 24.3% | 12.0% | ||
| Q3 25 | 14.9% | -4.5% | ||
| Q2 25 | 6.4% | 13.9% | ||
| Q1 25 | 19.9% | 6.9% | ||
| Q4 24 | 22.8% | 14.0% | ||
| Q3 24 | 22.8% | 2.3% | ||
| Q2 24 | 14.6% | 13.5% |
资本支出强度ASJM
| Q1 26 | 5.2% | — | ||
| Q4 25 | 5.0% | 2.8% | ||
| Q3 25 | 5.9% | 4.0% | ||
| Q2 25 | 6.8% | 4.4% | ||
| Q1 25 | 5.8% | 4.0% | ||
| Q4 24 | 5.5% | 3.8% | ||
| Q3 24 | 5.8% | 5.8% | ||
| Q2 24 | 6.5% | 5.9% |
现金转化率ASJM
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.26× | 1.44× | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.36× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 1.60× | 0.93× | ||
| Q2 24 | 1.08× | 1.75× |
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
A
| Service Other | $525.0M | 29% |
| Chemicaland Energy Market | $422.0M | 23% |
| Agilent Cross Lab | $273.0M | 15% |
| Environmentaland Forensics Market | $177.0M | 10% |
| Food Market | $166.0M | 9% |
| Academiaand Government Market | $130.0M | 7% |
| Applied Markets | $98.0M | 5% |
SJM
| U.S.Retail Frozen Handheld And Spreads | $461.1M | 20% |
| U.S.Retail Pet Foods | $413.2M | 18% |
| Handheld Frozen Sandwiches | $262.9M | 11% |
| Sweet Baked Snacks | $256.1M | 11% |
| Pet Snacks | $232.0M | 10% |
| Cat Food | $197.2M | 8% |
| Peanut Butter | $187.1M | 8% |
| CA | $94.5M | 4% |
| Fruit Spreads | $92.2M | 4% |
| Other | $50.5M | 2% |
| Portion Control | $50.1M | 2% |
| All Other International | $33.2M | 1% |
