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爱尔康（ALC）与通用磨坊（GIS）财务数据对比。点击上方公司名可切换其他公司
通用磨坊的季度营收约是爱尔康的1.9倍（$4.9B vs $2.6B），通用磨坊净利率更高（8.5% vs 6.8%，领先1.7%），爱尔康同比增速更快（4.0% vs -7.2%）
爱尔康是瑞美合资的制药及医疗器械企业，专注于眼健康护理产品领域。公司注册地为瑞士弗里堡州，全球总部设于日内瓦，核心运营基地位于美国得克萨斯州沃思堡，当地员工规模约4500人。
通用磨坊是美国知名跨国消费食品企业，主营品牌包装食品的生产与营销，产品通过零售渠道面向大众发售。公司发源于明尼阿波利斯市密西西比河畔的圣安东尼瀑布区域，最初以大型面粉加工业务闻名，现总部位于明尼阿波利斯市郊的明尼苏达州金谷市。
ALC vs GIS — 直观对比
营收规模更大
GIS
是对方的1.9倍
$2.6B
营收增速更快
ALC
高出11.2%
-7.2%
净利率更高
GIS
高出1.7%
6.8%
损益表 — Q2 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $4.9B |
| 净利润 | $176.0M | $413.0M |
| 毛利率 | 53.5% | 34.8% |
| 营业利润率 | 9.5% | 15.0% |
| 净利率 | 6.8% | 8.5% |
| 营收同比 | 4.0% | -7.2% |
| 净利润同比 | -21.1% | -48.1% |
| 每股收益（稀释后） | $0.35 | $0.78 |
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ALCGIS
| Q4 25 | — | $4.9B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | $2.6B | $4.6B | ||
| Q1 25 | — | $4.8B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | — | $4.8B | ||
| Q2 24 | $2.5B | $4.7B | ||
| Q1 24 | — | $5.1B |
净利润ALCGIS
| Q4 25 | — | $413.0M | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $176.0M | $294.0M | ||
| Q1 25 | — | $625.6M | ||
| Q4 24 | — | $795.7M | ||
| Q3 24 | — | $579.9M | ||
| Q2 24 | $223.0M | $557.5M | ||
| Q1 24 | — | $670.1M |
毛利率ALCGIS
| Q4 25 | — | 34.8% | ||
| Q3 25 | — | 33.9% | ||
| Q2 25 | 53.5% | 32.4% | ||
| Q1 25 | — | 33.9% | ||
| Q4 24 | — | 36.9% | ||
| Q3 24 | — | 34.8% | ||
| Q2 24 | 55.0% | 35.8% | ||
| Q1 24 | — | 33.5% |
营业利润率ALCGIS
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 38.2% | ||
| Q2 25 | 9.5% | 11.1% | ||
| Q1 25 | — | 18.4% | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 17.2% | ||
| Q2 24 | 12.7% | 16.5% | ||
| Q1 24 | — | 17.9% |
净利率ALCGIS
| Q4 25 | — | 8.5% | ||
| Q3 25 | — | 26.7% | ||
| Q2 25 | 6.8% | 6.5% | ||
| Q1 25 | — | 12.9% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | 8.9% | 11.8% | ||
| Q1 24 | — | 13.1% |
每股收益（稀释后）ALCGIS
| Q4 25 | — | $0.78 | ||
| Q3 25 | — | $2.22 | ||
| Q2 25 | $0.35 | $0.53 | ||
| Q1 25 | — | $1.12 | ||
| Q4 24 | — | $1.42 | ||
| Q3 24 | — | $1.03 | ||
| Q2 24 | $0.45 | $0.98 | ||
| Q1 24 | — | $1.17 |
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 | $1.4B | $683.4M |
| 总债务越低越好 | — | $12.2B |
| 股东权益账面价值 | $22.1B | $9.3B |
| 总资产 | $31.4B | $32.5B |
| 负债/权益比越低杠杆越低 | — | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资ALCGIS
| Q4 25 | — | $683.4M | ||
| Q3 25 | — | $952.9M | ||
| Q2 25 | $1.4B | $363.9M | ||
| Q1 25 | — | $521.3M | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $468.1M | ||
| Q2 24 | $1.4B | $418.0M | ||
| Q1 24 | — | $588.6M |
总债务ALCGIS
| Q4 25 | — | $12.2B | ||
| Q3 25 | — | $12.2B | ||
| Q2 25 | — | $12.7B | ||
| Q1 25 | — | $11.8B | ||
| Q4 24 | — | $12.4B | ||
| Q3 24 | — | $11.4B | ||
| Q2 24 | — | $11.3B | ||
| Q1 24 | — | $11.0B |
股东权益ALCGIS
| Q4 25 | — | $9.3B | ||
| Q3 25 | — | $9.5B | ||
| Q2 25 | $22.1B | $9.2B | ||
| Q1 25 | — | $9.3B | ||
| Q4 24 | — | $9.2B | ||
| Q3 24 | — | $9.3B | ||
| Q2 24 | $20.9B | $9.4B | ||
| Q1 24 | — | $9.4B |
总资产ALCGIS
| Q4 25 | — | $32.5B | ||
| Q3 25 | — | $33.0B | ||
| Q2 25 | $31.4B | $33.1B | ||
| Q1 25 | — | $32.7B | ||
| Q4 24 | — | $33.4B | ||
| Q3 24 | — | $31.8B | ||
| Q2 24 | $29.7B | $31.5B | ||
| Q1 24 | — | $30.9B |
负债/权益比ALCGIS
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | — | 1.38× | ||
| Q1 25 | — | 1.28× | ||
| Q4 24 | — | 1.35× | ||
| Q3 24 | — | 1.23× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 1.17× |
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 | — | $819.3M |
| 自由现金流经营现金流 - 资本支出 | — | $675.7M |
| 自由现金流率自由现金流/营收 | — | 13.9% |
| 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 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | — | $1.8B |
8季度趋势，按日历期对齐
经营现金流ALCGIS
| Q4 25 | — | $819.3M | ||
| Q3 25 | — | $397.0M | ||
| Q2 25 | — | $611.6M | ||
| Q1 25 | — | $531.9M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $624.2M | ||
| Q2 24 | — | $863.7M | ||
| Q1 24 | — | $943.1M |
自由现金流ALCGIS
| Q4 25 | — | $675.7M | ||
| Q3 25 | — | $287.5M | ||
| Q2 25 | — | $391.4M | ||
| Q1 25 | — | $428.0M | ||
| Q4 24 | — | $989.6M | ||
| Q3 24 | — | $483.9M | ||
| Q2 24 | — | $575.2M | ||
| Q1 24 | — | $751.4M |
自由现金流率ALCGIS
| Q4 25 | — | 13.9% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 18.9% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 14.7% |
资本支出强度ALCGIS
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 3.8% |
现金转化率ALCGIS
| Q4 25 | — | 1.98× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 2.08× | ||
| Q1 25 | — | 0.85× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | 1.08× | ||
| Q2 24 | — | 1.55× | ||
| Q1 24 | — | 1.41× |
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
ALC
暂无分部数据
GIS
| Snacks | $1.0B | 21% |
| Convenient Meals | $827.0M | 17% |
| Cereal | $791.2M | 16% |
| Dough | $720.9M | 15% |
| Pet | $698.7M | 14% |
| Baking Mixes And Ingredients | $556.0M | 11% |
| Super Premium Ice Cream | $175.8M | 4% |
| Other Product | $73.3M | 2% |
