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波音（BA）与安达（CB）财务数据对比。点击上方公司名可切换其他公司
波音的季度营收约是安达的1.5倍（$22.2B vs $15.1B），安达净利率更高（21.3% vs -0.0%，领先21.3%），波音同比增速更快（14.0% vs 6.3%），过去两年波音的营收复合增速更高（14.8% vs 8.1%）
波音公司是美国跨国航空航天企业，1916年成立，业务覆盖民用飞机、旋翼机、火箭、卫星、导弹的设计、制造与全球销售，同时提供租赁及产品配套支持服务。作为全球头部航空航天制造商，按2022年营收计为全球第四大国防承包商，也是美国按金额计算的最大出口企业。
安达是注册地位于苏黎世的跨国保险集团，在纽约证券交易所上市，为标普500指数成分股。作为全球最大的上市财产及意外伤害保险公司，其业务涵盖财产险、意外险、健康险、再保险、寿险等领域，在全球55个国家和地区及伦敦劳合社市场运营。
BA vs CB — 直观对比
营收规模更大
BA
是对方的1.5倍
$15.1B
营收增速更快
BA
高出7.7%
6.3%
净利率更高
CB
高出21.3%
-0.0%
两年增速更快
BA
近两年复合增速
8.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $22.2B | $15.1B |
| 净利润 | $-7.0M | $3.2B |
| 毛利率 | — | — |
| 营业利润率 | 2.0% | 25.0% |
| 净利率 | -0.0% | 21.3% |
| 营收同比 | 14.0% | 6.3% |
| 净利润同比 | 77.4% | 24.7% |
| 每股收益（稀释后） | $-0.11 | $8.05 |
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BACB
| Q1 26 | $22.2B | — | ||
| Q4 25 | $23.9B | $15.1B | ||
| Q3 25 | $23.3B | $16.1B | ||
| Q2 25 | $22.7B | $14.8B | ||
| Q1 25 | $19.5B | $13.4B | ||
| Q4 24 | $15.2B | $14.2B | ||
| Q3 24 | $17.8B | $14.8B | ||
| Q2 24 | $16.9B | $13.8B |
净利润BACB
| Q1 26 | $-7.0M | — | ||
| Q4 25 | $8.2B | $3.2B | ||
| Q3 25 | $-5.3B | $2.8B | ||
| Q2 25 | $-611.0M | $3.0B | ||
| Q1 25 | $-37.0M | $1.3B | ||
| Q4 24 | $-3.9B | $2.6B | ||
| Q3 24 | $-6.2B | $2.3B | ||
| Q2 24 | $-1.4B | $2.2B |
毛利率BACB
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | -10.2% | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 12.4% | — | ||
| Q4 24 | -10.4% | — | ||
| Q3 24 | -19.7% | — | ||
| Q2 24 | 7.3% | — |
营业利润率BACB
| Q1 26 | 2.0% | — | ||
| Q4 25 | 36.7% | 25.0% | ||
| Q3 25 | -20.5% | 24.1% | ||
| Q2 25 | -0.8% | 25.0% | ||
| Q1 25 | 2.4% | 12.5% | ||
| Q4 24 | -24.7% | 22.0% | ||
| Q3 24 | -32.3% | 20.2% | ||
| Q2 24 | -6.5% | 19.6% |
净利率BACB
| Q1 26 | -0.0% | — | ||
| Q4 25 | 34.3% | 21.3% | ||
| Q3 25 | -22.9% | 17.3% | ||
| Q2 25 | -2.7% | 20.0% | ||
| Q1 25 | -0.2% | 10.0% | ||
| Q4 24 | -25.4% | 18.2% | ||
| Q3 24 | -34.6% | 15.7% | ||
| Q2 24 | -8.5% | 16.1% |
每股收益（稀释后）BACB
| Q1 26 | $-0.11 | — | ||
| Q4 25 | $10.70 | $8.05 | ||
| Q3 25 | $-7.14 | $6.99 | ||
| Q2 25 | $-0.92 | $7.35 | ||
| Q1 25 | $-0.16 | $3.29 | ||
| Q4 24 | $-5.50 | $6.31 | ||
| Q3 24 | $-9.97 | $5.70 | ||
| Q2 24 | $-2.33 | $5.46 |
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 | $9.4B | — |
| 总债务越低越好 | $44.4B | $15.7B |
| 股东权益账面价值 | $6.0B | $73.8B |
| 总资产 | $164.8B | $272.3B |
| 负债/权益比越低杠杆越低 | 7.41× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资BACB
| Q1 26 | $9.4B | — | ||
| Q4 25 | $29.4B | — | ||
| Q3 25 | $23.0B | — | ||
| Q2 25 | $23.0B | — | ||
| Q1 25 | $23.7B | — | ||
| Q4 24 | $26.3B | — | ||
| Q3 24 | $10.5B | — | ||
| Q2 24 | $12.6B | — |
总债务BACB
| Q1 26 | $44.4B | — | ||
| Q4 25 | $45.6B | $15.7B | ||
| Q3 25 | $44.6B | $15.7B | ||
| Q2 25 | $44.6B | $13.5B | ||
| Q1 25 | $45.7B | $14.5B | ||
| Q4 24 | $52.6B | $14.4B | ||
| Q3 24 | $53.2B | $14.6B | ||
| Q2 24 | $53.2B | $13.2B |
股东权益BACB
| Q1 26 | $6.0B | — | ||
| Q4 25 | $5.5B | $73.8B | ||
| Q3 25 | $-8.3B | $71.9B | ||
| Q2 25 | $-3.3B | $69.4B | ||
| Q1 25 | $-3.3B | $65.7B | ||
| Q4 24 | $-3.9B | $64.0B | ||
| Q3 24 | $-23.6B | $65.8B | ||
| Q2 24 | $-18.0B | $61.0B |
总资产BACB
| Q1 26 | $164.8B | — | ||
| Q4 25 | $168.2B | $272.3B | ||
| Q3 25 | $150.0B | $270.2B | ||
| Q2 25 | $155.1B | $261.6B | ||
| Q1 25 | $156.5B | $251.8B | ||
| Q4 24 | $156.4B | $246.5B | ||
| Q3 24 | $137.7B | $250.6B | ||
| Q2 24 | $142.7B | $238.6B |
负债/权益比BACB
| Q1 26 | 7.41× | — | ||
| Q4 25 | 8.37× | 0.21× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.22× | ||
| Q2 24 | — | 0.22× |
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 | — | $4.1B |
| 自由现金流经营现金流 - 资本支出 | $-1.5B | — |
| 自由现金流率自由现金流/营收 | -6.5% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.26× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | — |
8季度趋势，按日历期对齐
经营现金流BACB
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $4.1B | ||
| Q3 25 | $1.1B | $3.6B | ||
| Q2 25 | $227.0M | $3.6B | ||
| Q1 25 | $-1.6B | $1.6B | ||
| Q4 24 | $-3.5B | $4.6B | ||
| Q3 24 | $-1.3B | $4.3B | ||
| Q2 24 | $-3.9B | $4.1B |
自由现金流BACB
| Q1 26 | $-1.5B | — | ||
| Q4 25 | $375.0M | — | ||
| Q3 25 | $238.0M | — | ||
| Q2 25 | $-200.0M | — | ||
| Q1 25 | $-2.3B | — | ||
| Q4 24 | $-4.1B | — | ||
| Q3 24 | $-2.0B | — | ||
| Q2 24 | $-4.3B | — |
自由现金流率BACB
| Q1 26 | -6.5% | — | ||
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | -0.9% | — | ||
| Q1 25 | -11.7% | — | ||
| Q4 24 | -26.9% | — | ||
| Q3 24 | -11.0% | — | ||
| Q2 24 | -25.7% | — |
资本支出强度BACB
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 3.4% | — | ||
| Q2 24 | 2.4% | — |
现金转化率BACB
| Q1 26 | — | — | ||
| Q4 25 | 0.16× | 1.26× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 1.18× | ||
| Q4 24 | — | 1.77× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 1.83× |
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
BA
| Commercial Airplanes | $9.2B | 41% |
| Defense, Space & Security | $7.6B | 34% |
| Global Services | $5.4B | 24% |
CB
暂无分部数据
