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艾奕康（ACM）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是艾奕康的1.6倍（$6.0B vs $3.8B）。3M净利率更高（10.8% vs 1.9%，领先8.9%）。艾奕康同比增速更快（1.6% vs 1.3%）。3M自由现金流更多（$2.0B vs $41.9M）。过去两年艾奕康的营收复合增速更高（-1.4% vs -1.8%）
AECOM是一家总部位于美国得克萨斯州达拉斯的跨国基础设施咨询企业，业务覆盖全球多地区，为交通、建筑、水务、能源等多个领域的工程项目提供专业规划、设计、项目管理等一体化咨询解决方案，在全球基建咨询行业拥有领先的市场地位。
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。
ACM vs MMM — 直观对比
营收规模更大
MMM
是对方的1.6倍
$3.8B
营收增速更快
ACM
高出0.3%
1.3%
净利率更高
MMM
高出8.9%
1.9%
自由现金流更多
MMM
多$2.0B
$41.9M
两年增速更快
ACM
近两年复合增速
-1.8%
损益表 — Q2 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $6.0B |
| 净利润 | $74.5M | $653.0M |
| 毛利率 | 7.3% | 40.7% |
| 营业利润率 | 5.8% | 23.2% |
| 净利率 | 1.9% | 10.8% |
| 营收同比 | 1.6% | 1.3% |
| 净利润同比 | -48.0% | -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ACMMMM
| Q1 26 | $3.8B | $6.0B | ||
| Q4 25 | — | $6.1B | ||
| Q3 25 | $4.2B | $6.5B | ||
| Q2 25 | $4.2B | $6.3B | ||
| Q1 25 | $3.8B | $6.0B | ||
| Q4 24 | $4.0B | $6.0B | ||
| Q3 24 | $4.1B | $6.3B | ||
| Q2 24 | $4.2B | $6.3B |
净利润ACMMMM
| Q1 26 | $74.5M | $653.0M | ||
| Q4 25 | — | $577.0M | ||
| Q3 25 | $120.4M | $834.0M | ||
| Q2 25 | $131.0M | $723.0M | ||
| Q1 25 | $143.4M | $1.1B | ||
| Q4 24 | $167.0M | $728.0M | ||
| Q3 24 | $172.5M | $1.4B | ||
| Q2 24 | $134.3M | $1.1B |
毛利率ACMMMM
| Q1 26 | 7.3% | 40.7% | ||
| Q4 25 | — | 33.6% | ||
| Q3 25 | 7.9% | 41.8% | ||
| Q2 25 | 7.8% | 42.5% | ||
| Q1 25 | 7.7% | 41.6% | ||
| Q4 24 | 6.7% | 51.7% | ||
| Q3 24 | 7.2% | 42.1% | ||
| Q2 24 | 6.9% | 42.9% |
营业利润率ACMMMM
| Q1 26 | 5.8% | 23.2% | ||
| Q4 25 | — | 13.0% | ||
| Q3 25 | 5.7% | 22.2% | ||
| Q2 25 | 7.0% | 18.0% | ||
| Q1 25 | 6.8% | 20.9% | ||
| Q4 24 | 5.9% | 12.2% | ||
| Q3 24 | 5.8% | 20.9% | ||
| Q2 24 | 5.5% | 20.3% |
净利率ACMMMM
| Q1 26 | 1.9% | 10.8% | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | 2.9% | 12.8% | ||
| Q2 25 | 3.1% | 11.4% | ||
| Q1 25 | 3.8% | 18.7% | ||
| Q4 24 | 4.2% | 12.1% | ||
| Q3 24 | 4.2% | 21.8% | ||
| Q2 24 | 3.2% | 18.3% |
每股收益（稀释后）ACMMMM
| Q1 26 | $0.56 | $1.23 | ||
| Q4 25 | — | $1.07 | ||
| Q3 25 | $0.90 | $1.55 | ||
| Q2 25 | $0.98 | $1.34 | ||
| Q1 25 | $1.08 | $2.04 | ||
| Q4 24 | $1.25 | $1.33 | ||
| Q3 24 | $1.27 | $2.48 | ||
| Q2 24 | $0.98 | $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 | $1.2B | $3.7B |
| 总债务越低越好 | $2.6B | $10.9B |
| 股东权益账面价值 | $2.2B | $3.3B |
| 总资产 | $11.9B | $35.4B |
| 负债/权益比越低杠杆越低 | 1.18× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资ACMMMM
| Q1 26 | $1.2B | $3.7B | ||
| Q4 25 | — | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | — |
总债务ACMMMM
| Q1 26 | $2.6B | $10.9B | ||
| Q4 25 | — | $12.6B | ||
| Q3 25 | $2.6B | $12.6B | ||
| Q2 25 | $2.5B | $13.1B | ||
| Q1 25 | $2.5B | $13.5B | ||
| Q4 24 | $2.5B | $13.0B | ||
| Q3 24 | $2.5B | $13.2B | ||
| Q2 24 | $2.5B | $13.1B |
股东权益ACMMMM
| Q1 26 | $2.2B | $3.3B | ||
| Q4 25 | — | $4.7B | ||
| Q3 25 | $2.5B | $4.6B | ||
| Q2 25 | $2.5B | $4.3B | ||
| Q1 25 | $2.3B | $4.5B | ||
| Q4 24 | $2.2B | $3.8B | ||
| Q3 24 | $2.2B | $4.6B | ||
| Q2 24 | $2.3B | $3.9B |
总资产ACMMMM
| Q1 26 | $11.9B | $35.4B | ||
| Q4 25 | — | $37.7B | ||
| Q3 25 | $12.2B | $37.6B | ||
| Q2 25 | $12.3B | $38.0B | ||
| Q1 25 | $11.8B | $40.0B | ||
| Q4 24 | $11.8B | $39.9B | ||
| Q3 24 | $12.1B | $40.9B | ||
| Q2 24 | $12.0B | $43.4B |
负债/权益比ACMMMM
| Q1 26 | 1.18× | 3.29× | ||
| Q4 25 | — | 2.68× | ||
| Q3 25 | 1.06× | 2.72× | ||
| Q2 25 | 0.99× | 3.06× | ||
| Q1 25 | 1.07× | 3.02× | ||
| Q4 24 | 1.11× | 3.40× | ||
| Q3 24 | 1.12× | 2.84× | ||
| Q2 24 | 1.07× | 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 | $70.2M | — |
| 自由现金流经营现金流 - 资本支出 | $41.9M | $2.0B |
| 自由现金流率自由现金流/营收 | 1.1% | 33.6% |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | 0.94× | — |
| 过去12个月自由现金流最近4个季度 | $616.0M | $3.7B |
8季度趋势，按日历期对齐
经营现金流ACMMMM
| Q1 26 | $70.2M | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $196.1M | $1.8B | ||
| Q2 25 | $283.7M | $-954.0M | ||
| Q1 25 | $190.7M | $-79.0M | ||
| Q4 24 | $151.1M | $1.8B | ||
| Q3 24 | $298.8M | $-1.8B | ||
| Q2 24 | $291.3M | $1.0B |
自由现金流ACMMMM
| Q1 26 | $41.9M | $2.0B | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | $134.1M | $1.5B | ||
| Q2 25 | $261.7M | $-1.2B | ||
| Q1 25 | $178.3M | $-315.0M | ||
| Q4 24 | $110.9M | $1.5B | ||
| Q3 24 | $274.5M | $-2.0B | ||
| Q2 24 | $272.8M | $752.0M |
自由现金流率ACMMMM
| Q1 26 | 1.1% | 33.6% | ||
| Q4 25 | — | 21.8% | ||
| Q3 25 | 3.2% | 23.6% | ||
| Q2 25 | 6.3% | -18.3% | ||
| Q1 25 | 4.7% | -5.3% | ||
| Q4 24 | 2.8% | 25.4% | ||
| Q3 24 | 6.7% | -32.3% | ||
| Q2 24 | 6.6% | 12.0% |
资本支出强度ACMMMM
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 4.0% | ||
| Q3 25 | 1.5% | 3.3% | ||
| Q2 25 | 0.5% | 3.3% | ||
| Q1 25 | 0.3% | 4.0% | ||
| Q4 24 | 1.0% | 4.8% | ||
| Q3 24 | 0.6% | 3.9% | ||
| Q2 24 | 0.4% | 4.3% |
现金转化率ACMMMM
| Q1 26 | 0.94× | — | ||
| Q4 25 | — | 2.74× | ||
| Q3 25 | 1.63× | 2.11× | ||
| Q2 25 | 2.17× | -1.32× | ||
| Q1 25 | 1.33× | -0.07× | ||
| Q4 24 | 0.90× | 2.50× | ||
| Q3 24 | 1.73× | -1.30× | ||
| Q2 24 | 2.17× | 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
ACM
暂无分部数据
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% |
