vs
艾奕康（ACM）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是艾奕康的2.0倍（$7.6B vs $3.8B），艾奕康净利率更高（1.9% vs 1.3%，领先0.7%），艾奕康同比增速更快（1.6% vs 0.5%），Smurfit Westrock自由现金流更多（$612.0M vs $41.9M），过去两年Smurfit Westrock的营收复合增速更高（60.8% vs -1.4%）
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。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
ACM vs SW — 直观对比
营收规模更大
SW
是对方的2.0倍
$3.8B
营收增速更快
ACM
高出1.0%
0.5%
净利率更高
ACM
高出0.7%
1.3%
自由现金流更多
SW
多$570.1M
$41.9M
两年增速更快
SW
近两年复合增速
-1.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $7.6B |
| 净利润 | $74.5M | $97.0M |
| 毛利率 | 7.3% | 18.2% |
| 营业利润率 | 5.8% | 5.1% |
| 净利率 | 1.9% | 1.3% |
| 营收同比 | 1.6% | 0.5% |
| 净利润同比 | -48.0% | -33.6% |
| 每股收益（稀释后） | $0.56 | $0.18 |
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ACMSW
| Q1 26 | $3.8B | — | ||
| Q4 25 | — | $7.6B | ||
| Q3 25 | $4.2B | $8.0B | ||
| Q2 25 | $4.2B | $7.9B | ||
| Q1 25 | $3.8B | $7.7B | ||
| Q4 24 | $4.0B | $7.5B | ||
| Q3 24 | $4.1B | $7.7B | ||
| Q2 24 | $4.2B | $3.0B |
净利润ACMSW
| Q1 26 | $74.5M | — | ||
| Q4 25 | — | $97.0M | ||
| Q3 25 | $120.4M | $246.0M | ||
| Q2 25 | $131.0M | $-28.0M | ||
| Q1 25 | $143.4M | $384.0M | ||
| Q4 24 | $167.0M | $146.0M | ||
| Q3 24 | $172.5M | $-150.0M | ||
| Q2 24 | $134.3M | $132.0M |
毛利率ACMSW
| Q1 26 | 7.3% | — | ||
| Q4 25 | — | 18.2% | ||
| Q3 25 | 7.9% | 19.6% | ||
| Q2 25 | 7.8% | 19.1% | ||
| Q1 25 | 7.7% | 20.6% | ||
| Q4 24 | 6.7% | 19.1% | ||
| Q3 24 | 7.2% | 17.6% | ||
| Q2 24 | 6.9% | 23.3% |
营业利润率ACMSW
| Q1 26 | 5.8% | — | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | 5.7% | 6.6% | ||
| Q2 25 | 7.0% | 3.2% | ||
| Q1 25 | 6.8% | 7.2% | ||
| Q4 24 | 5.9% | 5.3% | ||
| Q3 24 | 5.8% | 0.7% | ||
| Q2 24 | 5.5% | 8.2% |
净利率ACMSW
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | 2.9% | 3.1% | ||
| Q2 25 | 3.1% | -0.4% | ||
| Q1 25 | 3.8% | 5.0% | ||
| Q4 24 | 4.2% | 1.9% | ||
| Q3 24 | 4.2% | -2.0% | ||
| Q2 24 | 3.2% | 4.4% |
每股收益（稀释后）ACMSW
| Q1 26 | $0.56 | — | ||
| Q4 25 | — | $0.18 | ||
| Q3 25 | $0.90 | $0.47 | ||
| Q2 25 | $0.98 | $-0.05 | ||
| Q1 25 | $1.08 | $0.73 | ||
| Q4 24 | $1.25 | $-0.12 | ||
| Q3 24 | $1.27 | $-0.30 | ||
| Q2 24 | $0.98 | $0.51 |
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 | $892.0M |
| 总债务越低越好 | $2.6B | $13.4B |
| 股东权益账面价值 | $2.2B | $18.3B |
| 总资产 | $11.9B | $45.2B |
| 负债/权益比越低杠杆越低 | 1.18× | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资ACMSW
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $892.0M | ||
| Q3 25 | $1.6B | $851.0M | ||
| Q2 25 | $1.8B | $778.0M | ||
| Q1 25 | $1.6B | $797.0M | ||
| Q4 24 | $1.6B | $855.0M | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | $26.8K |
总债务ACMSW
| Q1 26 | $2.6B | — | ||
| Q4 25 | — | $13.4B | ||
| Q3 25 | $2.6B | $13.3B | ||
| Q2 25 | $2.5B | $13.3B | ||
| Q1 25 | $2.5B | $12.9B | ||
| Q4 24 | $2.5B | $12.5B | ||
| Q3 24 | $2.5B | $13.2B | ||
| Q2 24 | $2.5B | — |
股东权益ACMSW
| Q1 26 | $2.2B | — | ||
| Q4 25 | — | $18.3B | ||
| Q3 25 | $2.5B | $18.4B | ||
| Q2 25 | $2.5B | $18.3B | ||
| Q1 25 | $2.3B | $17.9B | ||
| Q4 24 | $2.2B | $17.4B | ||
| Q3 24 | $2.2B | $18.0B | ||
| Q2 24 | $2.3B | $14.5K |
总资产ACMSW
| Q1 26 | $11.9B | — | ||
| Q4 25 | — | $45.2B | ||
| Q3 25 | $12.2B | $45.6B | ||
| Q2 25 | $12.3B | $45.7B | ||
| Q1 25 | $11.8B | $44.6B | ||
| Q4 24 | $11.8B | $43.8B | ||
| Q3 24 | $12.1B | $45.0B | ||
| Q2 24 | $12.0B | $26.8K |
负债/权益比ACMSW
| Q1 26 | 1.18× | — | ||
| Q4 25 | — | 0.73× | ||
| Q3 25 | 1.06× | 0.72× | ||
| Q2 25 | 0.99× | 0.73× | ||
| Q1 25 | 1.07× | 0.72× | ||
| Q4 24 | 1.11× | 0.72× | ||
| Q3 24 | 1.12× | 0.73× | ||
| Q2 24 | 1.07× | — |
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 | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $41.9M | $612.0M |
| 自由现金流率自由现金流/营收 | 1.1% | 8.1% |
| 资本支出强度资本支出/营收 | 0.7% | 7.7% |
| 现金转化率经营现金流/净利润 | 0.94× | 12.32× |
| 过去12个月自由现金流最近4个季度 | $616.0M | $1.2B |
8季度趋势，按日历期对齐
经营现金流ACMSW
| Q1 26 | $70.2M | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $196.1M | $1.1B | ||
| Q2 25 | $283.7M | $829.0M | ||
| Q1 25 | $190.7M | $235.0M | ||
| Q4 24 | $151.1M | $781.0M | ||
| Q3 24 | $298.8M | $320.0M | ||
| Q2 24 | $291.3M | $340.0M |
自由现金流ACMSW
| Q1 26 | $41.9M | — | ||
| Q4 25 | — | $612.0M | ||
| Q3 25 | $134.1M | $523.0M | ||
| Q2 25 | $261.7M | $307.0M | ||
| Q1 25 | $178.3M | $-242.0M | ||
| Q4 24 | $110.9M | $212.0M | ||
| Q3 24 | $274.5M | $-192.0M | ||
| Q2 24 | $272.8M | $163.0M |
自由现金流率ACMSW
| Q1 26 | 1.1% | — | ||
| Q4 25 | — | 8.1% | ||
| Q3 25 | 3.2% | 6.5% | ||
| Q2 25 | 6.3% | 3.9% | ||
| Q1 25 | 4.7% | -3.2% | ||
| Q4 24 | 2.8% | 2.8% | ||
| Q3 24 | 6.7% | -2.5% | ||
| Q2 24 | 6.6% | 5.5% |
资本支出强度ACMSW
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 7.7% | ||
| Q3 25 | 1.5% | 7.6% | ||
| Q2 25 | 0.5% | 6.6% | ||
| Q1 25 | 0.3% | 6.2% | ||
| Q4 24 | 1.0% | 7.5% | ||
| Q3 24 | 0.6% | 6.7% | ||
| Q2 24 | 0.4% | 6.0% |
现金转化率ACMSW
| Q1 26 | 0.94× | — | ||
| Q4 25 | — | 12.32× | ||
| Q3 25 | 1.63× | 4.61× | ||
| Q2 25 | 2.17× | — | ||
| Q1 25 | 1.33× | 0.61× | ||
| Q4 24 | 0.90× | 5.35× | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | 2.17× | 2.58× |
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
SW
| Packaging | $3.3B | 43% |
| Other | $3.2B | 43% |
| Paper | $1.1B | 14% |
