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ABM INDUSTRIES INC（ABM）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是ABM INDUSTRIES INC的2.6倍（$6.0B vs $2.3B）。3M净利率更高（10.8% vs 1.5%，领先9.3%）。ABM INDUSTRIES INC同比增速更快（5.4% vs 1.3%）。3M自由现金流更多（$2.0B vs $112.7M）。过去两年ABM INDUSTRIES INC的营收复合增速更高（5.3% vs -1.8%）
ABM工业是美国知名的设施管理服务商，1909年由莫里斯·罗森伯格在加利福尼亚州旧金山创立。其业务覆盖电气、照明、能源管理、设施工程、电气化、暖通空调、机电运维、保洁、景观养护、停车场管理、交通配套等多元设施服务领域，为各类客户提供一体化的场地运营解决方案。
3M是美国知名跨国综合企业，业务覆盖工业、劳动者安全防护、消费品等多个领域，总部位于圣保罗郊区的枫木市。公司现有超6万款产品，涵盖胶粘剂、研磨材料、防火防护产品、个人防护装备、窗膜、车漆保护膜、电子连接绝缘材料、汽车养护产品、光学膜等品类。
ABM vs MMM — 直观对比
营收规模更大
MMM
是对方的2.6倍
$2.3B
营收增速更快
ABM
高出4.1%
1.3%
净利率更高
MMM
高出9.3%
1.5%
自由现金流更多
MMM
多$1.9B
$112.7M
两年增速更快
ABM
近两年复合增速
-1.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $6.0B |
| 净利润 | $34.8M | $653.0M |
| 毛利率 | 11.8% | 40.7% |
| 营业利润率 | 3.0% | 23.2% |
| 净利率 | 1.5% | 10.8% |
| 营收同比 | 5.4% | 1.3% |
| 净利润同比 | 394.9% | -41.5% |
| 每股收益（稀释后） | $0.56 | $1.23 |
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ABMMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $2.3B | $6.1B | ||
| Q3 25 | $2.2B | $6.5B | ||
| Q2 25 | $2.1B | $6.3B | ||
| Q1 25 | $2.1B | $6.0B | ||
| Q4 24 | $2.2B | $6.0B | ||
| Q3 24 | $2.1B | $6.3B | ||
| Q2 24 | $2.0B | $6.3B |
净利润ABMMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $34.8M | $577.0M | ||
| Q3 25 | $41.8M | $834.0M | ||
| Q2 25 | $42.2M | $723.0M | ||
| Q1 25 | $43.6M | $1.1B | ||
| Q4 24 | $-11.8M | $728.0M | ||
| Q3 24 | $4.7M | $1.4B | ||
| Q2 24 | $43.8M | $1.1B |
毛利率ABMMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 11.8% | 33.6% | ||
| Q3 25 | 12.3% | 41.8% | ||
| Q2 25 | 12.8% | 42.5% | ||
| Q1 25 | 12.3% | 41.6% | ||
| Q4 24 | 12.5% | 51.7% | ||
| Q3 24 | 12.6% | 42.1% | ||
| Q2 24 | 12.6% | 42.9% |
营业利润率ABMMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 3.0% | 13.0% | ||
| Q3 25 | 3.8% | 22.2% | ||
| Q2 25 | 3.9% | 18.0% | ||
| Q1 25 | 3.7% | 20.9% | ||
| Q4 24 | 0.9% | 12.2% | ||
| Q3 24 | 1.8% | 20.9% | ||
| Q2 24 | 4.0% | 20.3% |
净利率ABMMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 1.5% | 9.4% | ||
| Q3 25 | 1.9% | 12.8% | ||
| Q2 25 | 2.0% | 11.4% | ||
| Q1 25 | 2.1% | 18.7% | ||
| Q4 24 | -0.5% | 12.1% | ||
| Q3 24 | 0.2% | 21.8% | ||
| Q2 24 | 2.2% | 18.3% |
每股收益（稀释后）ABMMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $0.56 | $1.07 | ||
| Q3 25 | $0.67 | $1.55 | ||
| Q2 25 | $0.67 | $1.34 | ||
| Q1 25 | $0.69 | $2.04 | ||
| Q4 24 | $-0.18 | $1.33 | ||
| Q3 24 | $0.07 | $2.48 | ||
| Q2 24 | $0.69 | $2.07 |
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 | $104.1M | $3.7B |
| 总债务越低越好 | — | $10.9B |
| 股东权益账面价值 | $1.8B | $3.3B |
| 总资产 | $5.3B | $35.4B |
| 负债/权益比越低杠杆越低 | — | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资ABMMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $104.1M | — | ||
| Q3 25 | $69.3M | — | ||
| Q2 25 | $58.7M | — | ||
| Q1 25 | $59.0M | — | ||
| Q4 24 | $64.6M | — | ||
| Q3 24 | $86.3M | — | ||
| Q2 24 | $60.7M | — |
总债务ABMMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | — | $12.6B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $13.1B | ||
| Q1 25 | — | $13.5B | ||
| Q4 24 | — | $13.0B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | $13.1B |
股东权益ABMMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $1.8B | $4.7B | ||
| Q3 25 | $1.8B | $4.6B | ||
| Q2 25 | $1.8B | $4.3B | ||
| Q1 25 | $1.8B | $4.5B | ||
| Q4 24 | $1.8B | $3.8B | ||
| Q3 24 | $1.8B | $4.6B | ||
| Q2 24 | $1.8B | $3.9B |
总资产ABMMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $5.3B | $37.7B | ||
| Q3 25 | $5.3B | $37.6B | ||
| Q2 25 | $5.3B | $38.0B | ||
| Q1 25 | $5.2B | $40.0B | ||
| Q4 24 | $5.1B | $39.9B | ||
| Q3 24 | $5.0B | $40.9B | ||
| Q2 24 | $4.9B | $43.4B |
负债/权益比ABMMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | — | 2.68× | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 3.06× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | — | 3.40× | ||
| Q3 24 | — | 2.84× | ||
| Q2 24 | — | 3.34× |
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 | $133.4M | — |
| 自由现金流经营现金流 - 资本支出 | $112.7M | $2.0B |
| 自由现金流率自由现金流/营收 | 4.9% | 33.6% |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 3.83× | — |
| 过去12个月自由现金流最近4个季度 | $155.1M | $3.7B |
8季度趋势，按日历期对齐
经营现金流ABMMMM
| Q1 26 | — | — | ||
| Q4 25 | $133.4M | $1.6B | ||
| Q3 25 | $174.9M | $1.8B | ||
| Q2 25 | $32.3M | $-954.0M | ||
| Q1 25 | $-106.2M | $-79.0M | ||
| Q4 24 | $30.4M | $1.8B | ||
| Q3 24 | $79.4M | $-1.8B | ||
| Q2 24 | $117.0M | $1.0B |
自由现金流ABMMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $112.7M | $1.3B | ||
| Q3 25 | $150.1M | $1.5B | ||
| Q2 25 | $15.2M | $-1.2B | ||
| Q1 25 | $-122.9M | $-315.0M | ||
| Q4 24 | $15.6M | $1.5B | ||
| Q3 24 | $63.9M | $-2.0B | ||
| Q2 24 | $101.5M | $752.0M |
自由现金流率ABMMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 4.9% | 21.8% | ||
| Q3 25 | 6.7% | 23.6% | ||
| Q2 25 | 0.7% | -18.3% | ||
| Q1 25 | -5.8% | -5.3% | ||
| Q4 24 | 0.7% | 25.4% | ||
| Q3 24 | 3.1% | -32.3% | ||
| Q2 24 | 5.0% | 12.0% |
资本支出强度ABMMMM
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 4.0% | ||
| Q3 25 | 1.1% | 3.3% | ||
| Q2 25 | 0.8% | 3.3% | ||
| Q1 25 | 0.8% | 4.0% | ||
| Q4 24 | 0.7% | 4.8% | ||
| Q3 24 | 0.7% | 3.9% | ||
| Q2 24 | 0.8% | 4.3% |
现金转化率ABMMMM
| Q1 26 | — | — | ||
| Q4 25 | 3.83× | 2.74× | ||
| Q3 25 | 4.18× | 2.11× | ||
| Q2 25 | 0.77× | -1.32× | ||
| Q1 25 | -2.44× | -0.07× | ||
| Q4 24 | — | 2.50× | ||
| Q3 24 | 16.89× | -1.30× | ||
| Q2 24 | 2.67× | 0.89× |
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
ABM
| Facility Service Line Janitorial | $729.5M | 32% |
| Technical Solutions | $298.6M | 13% |
| Aviation | $296.7M | 13% |
| Education | $233.8M | 10% |
| Engineering And Infrastructure Service Line | $211.3M | 9% |
| Engineering And Infrastructure Service Line Operations And Maintenance | $207.2M | 9% |
| Facility Service Line Aviation Services | $134.4M | 6% |
| Facility Service Line Parking And Transportation | $108.0M | 5% |
| Management Reimbursement Revenue | $86.9M | 4% |
MMM
| Safety and Industrial business segment | $2.9B | 49% |
| Transportation and Electronics business segment | $1.8B | 31% |
| Consumer business segment | $1.1B | 19% |
| Corporate | $121.0M | 2% |
