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波音（BA）与伟创力（FLEX）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伟创力的3.0倍（$22.2B vs $7.5B），伟创力净利率更高（3.3% vs -0.0%，领先3.4%），伟创力同比增速更快（16.9% vs 14.0%），伟创力自由现金流更多（$212.0M vs $-1.5B），过去两年波音的营收复合增速更高（14.8% vs 8.8%）
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。
伟创力（Flex Ltd.）是一家拥有新加坡与美国背景的跨国制造企业，按营收计算为全球第三大电子制造服务（EMS）及原始设计制造商（ODM），仅次于和硕。其美国总部位于得克萨斯州奥斯汀，在30多个国家设有生产基地，员工总数约17.2万人。
BA vs FLEX — 直观对比
营收规模更大
BA
是对方的3.0倍
$7.5B
营收增速更快
FLEX
高出2.9%
14.0%
净利率更高
FLEX
高出3.4%
-0.0%
自由现金流更多
FLEX
多$1.7B
$-1.5B
两年增速更快
BA
近两年复合增速
8.8%
损益表 — Q1 FY2026 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $22.2B | $7.5B |
| 净利润 | $-7.0M | $250.0M |
| 毛利率 | — | 9.4% |
| 营业利润率 | 2.0% | 5.0% |
| 净利率 | -0.0% | 3.3% |
| 营收同比 | 14.0% | 16.9% |
| 净利润同比 | 77.4% | 12.6% |
| 每股收益（稀释后） | $-0.11 | $0.67 |
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BAFLEX
| Q1 26 | $22.2B | $7.5B | ||
| Q4 25 | $23.9B | $7.1B | ||
| Q3 25 | $23.3B | $6.8B | ||
| Q2 25 | $22.7B | $6.6B | ||
| Q1 25 | $19.5B | $6.4B | ||
| Q4 24 | $15.2B | $6.6B | ||
| Q3 24 | $17.8B | $6.5B | ||
| Q2 24 | $16.9B | $6.3B |
净利润BAFLEX
| Q1 26 | $-7.0M | $250.0M | ||
| Q4 25 | $8.2B | $239.0M | ||
| Q3 25 | $-5.3B | $199.0M | ||
| Q2 25 | $-611.0M | $192.0M | ||
| Q1 25 | $-37.0M | $222.0M | ||
| Q4 24 | $-3.9B | $263.0M | ||
| Q3 24 | $-6.2B | $214.0M | ||
| Q2 24 | $-1.4B | $139.0M |
毛利率BAFLEX
| Q1 26 | — | 9.4% | ||
| Q4 25 | 7.6% | 9.6% | ||
| Q3 25 | -10.2% | 9.0% | ||
| Q2 25 | 10.7% | 8.7% | ||
| Q1 25 | 12.4% | 8.8% | ||
| Q4 24 | -10.4% | 9.1% | ||
| Q3 24 | -19.7% | 8.1% | ||
| Q2 24 | 7.3% | 7.5% |
营业利润率BAFLEX
| Q1 26 | 2.0% | 5.0% | ||
| Q4 25 | 36.7% | 5.5% | ||
| Q3 25 | -20.5% | 4.4% | ||
| Q2 25 | -0.8% | 4.7% | ||
| Q1 25 | 2.4% | 4.8% | ||
| Q4 24 | -24.7% | 5.1% | ||
| Q3 24 | -32.3% | 4.5% | ||
| Q2 24 | -6.5% | 3.7% |
净利率BAFLEX
| Q1 26 | -0.0% | 3.3% | ||
| Q4 25 | 34.3% | 3.4% | ||
| Q3 25 | -22.9% | 2.9% | ||
| Q2 25 | -2.7% | 2.9% | ||
| Q1 25 | -0.2% | 3.5% | ||
| Q4 24 | -25.4% | 4.0% | ||
| Q3 24 | -34.6% | 3.3% | ||
| Q2 24 | -8.5% | 2.2% |
每股收益（稀释后）BAFLEX
| Q1 26 | $-0.11 | $0.67 | ||
| Q4 25 | $10.70 | $0.64 | ||
| Q3 25 | $-7.14 | $0.52 | ||
| Q2 25 | $-0.92 | $0.50 | ||
| Q1 25 | $-0.16 | $0.56 | ||
| Q4 24 | $-5.50 | $0.67 | ||
| Q3 24 | $-9.97 | $0.54 | ||
| Q2 24 | $-2.33 | $0.34 |
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 | $2.4B |
| 总债务越低越好 | $44.4B | $3.8B |
| 股东权益账面价值 | $6.0B | $5.1B |
| 总资产 | $164.8B | $22.1B |
| 负债/权益比越低杠杆越低 | 7.41× | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资BAFLEX
| Q1 26 | $9.4B | $2.4B | ||
| Q4 25 | $29.4B | $3.1B | ||
| Q3 25 | $23.0B | $2.2B | ||
| Q2 25 | $23.0B | $2.2B | ||
| Q1 25 | $23.7B | $2.3B | ||
| Q4 24 | $26.3B | $2.3B | ||
| Q3 24 | $10.5B | $2.6B | ||
| Q2 24 | $12.6B | $2.2B |
总债务BAFLEX
| Q1 26 | $44.4B | $3.8B | ||
| Q4 25 | $45.6B | $4.4B | ||
| Q3 25 | $44.6B | $3.7B | ||
| Q2 25 | $44.6B | $3.7B | ||
| Q1 25 | $45.7B | $3.7B | ||
| Q4 24 | $52.6B | $3.7B | ||
| Q3 24 | $53.2B | $3.7B | ||
| Q2 24 | $53.2B | $3.2B |
股东权益BAFLEX
| Q1 26 | $6.0B | $5.1B | ||
| Q4 25 | $5.5B | $5.1B | ||
| Q3 25 | $-8.3B | $5.0B | ||
| Q2 25 | $-3.3B | $5.1B | ||
| Q1 25 | $-3.3B | $5.0B | ||
| Q4 24 | $-3.9B | $5.0B | ||
| Q3 24 | $-23.6B | $5.0B | ||
| Q2 24 | $-18.0B | $5.0B |
总资产BAFLEX
| Q1 26 | $164.8B | $22.1B | ||
| Q4 25 | $168.2B | $20.8B | ||
| Q3 25 | $150.0B | $19.5B | ||
| Q2 25 | $155.1B | $19.1B | ||
| Q1 25 | $156.5B | $18.4B | ||
| Q4 24 | $156.4B | $18.3B | ||
| Q3 24 | $137.7B | $18.6B | ||
| Q2 24 | $142.7B | $17.7B |
负债/权益比BAFLEX
| Q1 26 | 7.41× | 0.73× | ||
| Q4 25 | 8.37× | 0.87× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.64× |
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 | — | $413.0M |
| 自由现金流经营现金流 - 资本支出 | $-1.5B | $212.0M |
| 自由现金流率自由现金流/营收 | -6.5% | 2.8% |
| 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 | — | 1.65× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $1.1B |
8季度趋势，按日历期对齐
经营现金流BAFLEX
| Q1 26 | — | $413.0M | ||
| Q4 25 | $1.3B | $420.0M | ||
| Q3 25 | $1.1B | $453.0M | ||
| Q2 25 | $227.0M | $399.0M | ||
| Q1 25 | $-1.6B | $433.0M | ||
| Q4 24 | $-3.5B | $413.0M | ||
| Q3 24 | $-1.3B | $319.0M | ||
| Q2 24 | $-3.9B | $340.0M |
自由现金流BAFLEX
| Q1 26 | $-1.5B | $212.0M | ||
| Q4 25 | $375.0M | $272.0M | ||
| Q3 25 | $238.0M | $303.0M | ||
| Q2 25 | $-200.0M | $266.0M | ||
| Q1 25 | $-2.3B | $321.0M | ||
| Q4 24 | $-4.1B | $301.0M | ||
| Q3 24 | $-2.0B | $216.0M | ||
| Q2 24 | $-4.3B | $229.0M |
自由现金流率BAFLEX
| Q1 26 | -6.5% | 2.8% | ||
| Q4 25 | 1.6% | 3.9% | ||
| Q3 25 | 1.0% | 4.5% | ||
| Q2 25 | -0.9% | 4.0% | ||
| Q1 25 | -11.7% | 5.0% | ||
| Q4 24 | -26.9% | 4.6% | ||
| Q3 24 | -11.0% | 3.3% | ||
| Q2 24 | -25.7% | 3.6% |
资本支出强度BAFLEX
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 2.1% | ||
| Q3 25 | 3.8% | 2.2% | ||
| Q2 25 | 1.9% | 2.0% | ||
| Q1 25 | 3.5% | 1.8% | ||
| Q4 24 | 4.3% | 1.7% | ||
| Q3 24 | 3.4% | 1.6% | ||
| Q2 24 | 2.4% | 1.8% |
现金转化率BAFLEX
| Q1 26 | — | 1.65× | ||
| Q4 25 | 0.16× | 1.76× | ||
| Q3 25 | — | 2.28× | ||
| Q2 25 | — | 2.08× | ||
| Q1 25 | — | 1.95× | ||
| Q4 24 | — | 1.57× | ||
| Q3 24 | — | 1.49× | ||
| Q2 24 | — | 2.45× |
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% |
FLEX
暂无分部数据
