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爱科（AGCO）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是爱科的2.1倍（$6.0B vs $2.9B）。3M净利率更高（10.8% vs 3.3%，领先7.6%）。3M同比增速更快（1.3% vs 1.1%）。3M自由现金流更多（$2.0B vs $675.0M）。过去两年爱科的营收复合增速更高（-0.1% vs -1.8%）
AGCO是1990年成立的美国农业机械制造商，总部位于佐治亚州德卢斯。公司主营设计、生产及销售拖拉机、联合收割机、青贮收获机、牧草设备、自走式喷雾机、播种耕作设备等产品，同时提供智慧农业相关技术解决方案。
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。
AGCO vs MMM — 直观对比
营收规模更大
MMM
是对方的2.1倍
$2.9B
营收增速更快
MMM
高出0.2%
1.1%
净利率更高
MMM
高出7.6%
3.3%
自由现金流更多
MMM
多$1.4B
$675.0M
两年增速更快
AGCO
近两年复合增速
-1.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $6.0B |
| 净利润 | $95.5M | $653.0M |
| 毛利率 | 25.4% | 40.7% |
| 营业利润率 | 7.9% | 23.2% |
| 净利率 | 3.3% | 10.8% |
| 营收同比 | 1.1% | 1.3% |
| 净利润同比 | 137.3% | -41.5% |
| 每股收益（稀释后） | $1.30 | $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AGCOMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $2.9B | $6.1B | ||
| Q3 25 | $2.5B | $6.5B | ||
| Q2 25 | $2.6B | $6.3B | ||
| Q1 25 | $2.1B | $6.0B | ||
| Q4 24 | $2.9B | $6.0B | ||
| Q3 24 | $2.6B | $6.3B | ||
| Q2 24 | $3.2B | $6.3B |
净利润AGCOMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $95.5M | $577.0M | ||
| Q3 25 | $305.7M | $834.0M | ||
| Q2 25 | $314.8M | $723.0M | ||
| Q1 25 | $10.5M | $1.1B | ||
| Q4 24 | $-255.7M | $728.0M | ||
| Q3 24 | $30.0M | $1.4B | ||
| Q2 24 | $-367.1M | $1.1B |
毛利率AGCOMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 25.4% | 33.6% | ||
| Q3 25 | 26.1% | 41.8% | ||
| Q2 25 | 25.0% | 42.5% | ||
| Q1 25 | 25.4% | 41.6% | ||
| Q4 24 | 23.9% | 51.7% | ||
| Q3 24 | 23.2% | 42.1% | ||
| Q2 24 | 25.8% | 42.9% |
营业利润率AGCOMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 7.9% | 13.0% | ||
| Q3 25 | 6.1% | 22.2% | ||
| Q2 25 | 6.2% | 18.0% | ||
| Q1 25 | 2.4% | 20.9% | ||
| Q4 24 | -9.3% | 12.2% | ||
| Q3 24 | 4.4% | 20.9% | ||
| Q2 24 | -7.4% | 20.3% |
净利率AGCOMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 3.3% | 9.4% | ||
| Q3 25 | 12.3% | 12.8% | ||
| Q2 25 | 11.9% | 11.4% | ||
| Q1 25 | 0.5% | 18.7% | ||
| Q4 24 | -8.9% | 12.1% | ||
| Q3 24 | 1.2% | 21.8% | ||
| Q2 24 | -11.3% | 18.3% |
每股收益（稀释后）AGCOMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $1.30 | $1.07 | ||
| Q3 25 | $4.09 | $1.55 | ||
| Q2 25 | $4.22 | $1.34 | ||
| Q1 25 | $0.14 | $2.04 | ||
| Q4 24 | $-3.42 | $1.33 | ||
| Q3 24 | $0.40 | $2.48 | ||
| Q2 24 | $-4.92 | $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 | $861.8M | $3.7B |
| 总债务越低越好 | $2.4B | $10.9B |
| 股东权益账面价值 | $4.3B | $3.3B |
| 总资产 | $11.9B | $35.4B |
| 负债/权益比越低杠杆越低 | 0.56× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资AGCOMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $861.8M | — | ||
| Q3 25 | $884.1M | — | ||
| Q2 25 | $783.9M | — | ||
| Q1 25 | $562.6M | — | ||
| Q4 24 | $612.7M | — | ||
| Q3 24 | $622.6M | — | ||
| Q2 24 | $657.3M | — |
总债务AGCOMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | $2.4B | $12.6B | ||
| Q3 25 | $2.7B | $12.6B | ||
| Q2 25 | $2.8B | $13.1B | ||
| Q1 25 | $2.8B | $13.5B | ||
| Q4 24 | $2.6B | $13.0B | ||
| Q3 24 | $4.0B | $13.2B | ||
| Q2 24 | $3.9B | $13.1B |
股东权益AGCOMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $4.3B | $4.7B | ||
| Q3 25 | $4.5B | $4.6B | ||
| Q2 25 | $4.2B | $4.3B | ||
| Q1 25 | $3.8B | $4.5B | ||
| Q4 24 | $3.7B | $3.8B | ||
| Q3 24 | $4.1B | $4.6B | ||
| Q2 24 | $4.1B | $3.9B |
总资产AGCOMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $11.9B | $37.7B | ||
| Q3 25 | $12.5B | $37.6B | ||
| Q2 25 | $12.3B | $38.0B | ||
| Q1 25 | $11.5B | $40.0B | ||
| Q4 24 | $11.2B | $39.9B | ||
| Q3 24 | $13.5B | $40.9B | ||
| Q2 24 | $13.6B | $43.4B |
负债/权益比AGCOMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | 0.56× | 2.68× | ||
| Q3 25 | 0.61× | 2.72× | ||
| Q2 25 | 0.68× | 3.06× | ||
| Q1 25 | 0.74× | 3.02× | ||
| Q4 24 | 0.68× | 3.40× | ||
| Q3 24 | 0.95× | 2.84× | ||
| Q2 24 | 0.95× | 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 | $763.6M | — |
| 自由现金流经营现金流 - 资本支出 | $675.0M | $2.0B |
| 自由现金流率自由现金流/营收 | 23.1% | 33.6% |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 现金转化率经营现金流/净利润 | 8.00× | — |
| 过去12个月自由现金流最近4个季度 | $740.2M | $3.7B |
8季度趋势，按日历期对齐
经营现金流AGCOMMM
| Q1 26 | — | — | ||
| Q4 25 | $763.6M | $1.6B | ||
| Q3 25 | $71.0M | $1.8B | ||
| Q2 25 | $365.7M | $-954.0M | ||
| Q1 25 | $-212.2M | $-79.0M | ||
| Q4 24 | $797.9M | $1.8B | ||
| Q3 24 | $26.5M | $-1.8B | ||
| Q2 24 | $235.5M | $1.0B |
自由现金流AGCOMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $675.0M | $1.3B | ||
| Q3 25 | $2.1M | $1.5B | ||
| Q2 25 | $323.5M | $-1.2B | ||
| Q1 25 | $-260.4M | $-315.0M | ||
| Q4 24 | $683.9M | $1.5B | ||
| Q3 24 | $-59.8M | $-2.0B | ||
| Q2 24 | $137.5M | $752.0M |
自由现金流率AGCOMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 23.1% | 21.8% | ||
| Q3 25 | 0.1% | 23.6% | ||
| Q2 25 | 12.3% | -18.3% | ||
| Q1 25 | -12.7% | -5.3% | ||
| Q4 24 | 23.7% | 25.4% | ||
| Q3 24 | -2.3% | -32.3% | ||
| Q2 24 | 4.2% | 12.0% |
资本支出强度AGCOMMM
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 4.0% | ||
| Q3 25 | 2.8% | 3.3% | ||
| Q2 25 | 1.6% | 3.3% | ||
| Q1 25 | 2.4% | 4.0% | ||
| Q4 24 | 3.9% | 4.8% | ||
| Q3 24 | 3.3% | 3.9% | ||
| Q2 24 | 3.0% | 4.3% |
现金转化率AGCOMMM
| Q1 26 | — | — | ||
| Q4 25 | 8.00× | 2.74× | ||
| Q3 25 | 0.23× | 2.11× | ||
| Q2 25 | 1.16× | -1.32× | ||
| Q1 25 | -20.21× | -0.07× | ||
| Q4 24 | — | 2.50× | ||
| Q3 24 | 0.88× | -1.30× | ||
| Q2 24 | — | 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
AGCO
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% |
