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波音（BA）与KADANT INC（KAI）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KADANT INC的81.8倍（$22.2B vs $271.6M）。KADANT INC净利率更高（10.2% vs -0.0%，领先10.2%）。波音同比增速更快（14.0% vs -0.0%）。KADANT INC自由现金流更多（$44.1M vs $-1.5B）。过去两年波音的营收复合增速更高（14.8% vs 6.7%）
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。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
BA vs KAI — 直观对比
营收规模更大
BA
是对方的81.8倍
$271.6M
营收增速更快
BA
高出14.0%
-0.0%
净利率更高
KAI
高出10.2%
-0.0%
自由现金流更多
KAI
多$1.5B
$-1.5B
两年增速更快
BA
近两年复合增速
6.7%
损益表 — Q1 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $22.2B | $271.6M |
| 净利润 | $-7.0M | $27.7M |
| 毛利率 | — | 45.2% |
| 营业利润率 | 2.0% | 15.7% |
| 净利率 | -0.0% | 10.2% |
| 营收同比 | 14.0% | -0.0% |
| 净利润同比 | 77.4% | -12.2% |
| 每股收益（稀释后） | $-0.11 | $2.35 |
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BAKAI
| Q1 26 | $22.2B | — | ||
| Q4 25 | $23.9B | — | ||
| Q3 25 | $23.3B | $271.6M | ||
| Q2 25 | $22.7B | $255.3M | ||
| Q1 25 | $19.5B | $239.2M | ||
| Q4 24 | $15.2B | $258.0M | ||
| Q3 24 | $17.8B | $271.6M | ||
| Q2 24 | $16.9B | $274.8M |
净利润BAKAI
| Q1 26 | $-7.0M | — | ||
| Q4 25 | $8.2B | — | ||
| Q3 25 | $-5.3B | $27.7M | ||
| Q2 25 | $-611.0M | $26.2M | ||
| Q1 25 | $-37.0M | $24.1M | ||
| Q4 24 | $-3.9B | $24.0M | ||
| Q3 24 | $-6.2B | $31.6M | ||
| Q2 24 | $-1.4B | $31.3M |
毛利率BAKAI
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | -10.2% | 45.2% | ||
| Q2 25 | 10.7% | 45.9% | ||
| Q1 25 | 12.4% | 46.1% | ||
| Q4 24 | -10.4% | 43.4% | ||
| Q3 24 | -19.7% | 44.7% | ||
| Q2 24 | 7.3% | 44.4% |
营业利润率BAKAI
| Q1 26 | 2.0% | — | ||
| Q4 25 | 36.7% | — | ||
| Q3 25 | -20.5% | 15.7% | ||
| Q2 25 | -0.8% | 15.4% | ||
| Q1 25 | 2.4% | 14.9% | ||
| Q4 24 | -24.7% | 14.3% | ||
| Q3 24 | -32.3% | 18.0% | ||
| Q2 24 | -6.5% | 17.6% |
净利率BAKAI
| Q1 26 | -0.0% | — | ||
| Q4 25 | 34.3% | — | ||
| Q3 25 | -22.9% | 10.2% | ||
| Q2 25 | -2.7% | 10.2% | ||
| Q1 25 | -0.2% | 10.1% | ||
| Q4 24 | -25.4% | 9.3% | ||
| Q3 24 | -34.6% | 11.6% | ||
| Q2 24 | -8.5% | 11.4% |
每股收益（稀释后）BAKAI
| Q1 26 | $-0.11 | — | ||
| Q4 25 | $10.70 | — | ||
| Q3 25 | $-7.14 | $2.35 | ||
| Q2 25 | $-0.92 | $2.22 | ||
| Q1 25 | $-0.16 | $2.04 | ||
| Q4 24 | $-5.50 | $2.04 | ||
| Q3 24 | $-9.97 | $2.68 | ||
| Q2 24 | $-2.33 | $2.66 |
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 | $124.5M |
| 总债务越低越好 | $44.4B | $254.6M |
| 股东权益账面价值 | $6.0B | $949.8M |
| 总资产 | $164.8B | $1.5B |
| 负债/权益比越低杠杆越低 | 7.41× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资BAKAI
| Q1 26 | $9.4B | — | ||
| Q4 25 | $29.4B | — | ||
| Q3 25 | $23.0B | $124.5M | ||
| Q2 25 | $23.0B | $95.3M | ||
| Q1 25 | $23.7B | $91.7M | ||
| Q4 24 | $26.3B | $94.7M | ||
| Q3 24 | $10.5B | $88.4M | ||
| Q2 24 | $12.6B | $73.8M |
总债务BAKAI
| Q1 26 | $44.4B | — | ||
| Q4 25 | $45.6B | — | ||
| Q3 25 | $44.6B | $254.6M | ||
| Q2 25 | $44.6B | $245.7M | ||
| Q1 25 | $45.7B | $273.5M | ||
| Q4 24 | $52.6B | $285.2M | ||
| Q3 24 | $53.2B | $323.2M | ||
| Q2 24 | $53.2B | $342.0M |
股东权益BAKAI
| Q1 26 | $6.0B | — | ||
| Q4 25 | $5.5B | — | ||
| Q3 25 | $-8.3B | $949.8M | ||
| Q2 25 | $-3.3B | $926.0M | ||
| Q1 25 | $-3.3B | $876.0M | ||
| Q4 24 | $-3.9B | $847.1M | ||
| Q3 24 | $-23.6B | $851.7M | ||
| Q2 24 | $-18.0B | $807.7M |
总资产BAKAI
| Q1 26 | $164.8B | — | ||
| Q4 25 | $168.2B | — | ||
| Q3 25 | $150.0B | $1.5B | ||
| Q2 25 | $155.1B | $1.5B | ||
| Q1 25 | $156.5B | $1.4B | ||
| Q4 24 | $156.4B | $1.4B | ||
| Q3 24 | $137.7B | $1.5B | ||
| Q2 24 | $142.7B | $1.5B |
负债/权益比BAKAI
| Q1 26 | 7.41× | — | ||
| Q4 25 | 8.37× | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.42× |
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 | — | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.5B | $44.1M |
| 自由现金流率自由现金流/营收 | -6.5% | 16.2% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.70× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $145.9M |
8季度趋势，按日历期对齐
经营现金流BAKAI
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.1B | $47.3M | ||
| Q2 25 | $227.0M | $40.5M | ||
| Q1 25 | $-1.6B | $22.8M | ||
| Q4 24 | $-3.5B | $51.9M | ||
| Q3 24 | $-1.3B | $52.5M | ||
| Q2 24 | $-3.9B | $28.1M |
自由现金流BAKAI
| Q1 26 | $-1.5B | — | ||
| Q4 25 | $375.0M | — | ||
| Q3 25 | $238.0M | $44.1M | ||
| Q2 25 | $-200.0M | $36.5M | ||
| Q1 25 | $-2.3B | $19.0M | ||
| Q4 24 | $-4.1B | $46.3M | ||
| Q3 24 | $-2.0B | $48.3M | ||
| Q2 24 | $-4.3B | $23.1M |
自由现金流率BAKAI
| Q1 26 | -6.5% | — | ||
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.0% | 16.2% | ||
| Q2 25 | -0.9% | 14.3% | ||
| Q1 25 | -11.7% | 7.9% | ||
| Q4 24 | -26.9% | 17.9% | ||
| Q3 24 | -11.0% | 17.8% | ||
| Q2 24 | -25.7% | 8.4% |
资本支出强度BAKAI
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | — | ||
| Q3 25 | 3.8% | 1.2% | ||
| Q2 25 | 1.9% | 1.6% | ||
| Q1 25 | 3.5% | 1.6% | ||
| Q4 24 | 4.3% | 2.2% | ||
| Q3 24 | 3.4% | 1.5% | ||
| Q2 24 | 2.4% | 1.8% |
现金转化率BAKAI
| Q1 26 | — | — | ||
| Q4 25 | 0.16× | — | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.55× | ||
| Q1 25 | — | 0.95× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | — | 1.66× | ||
| Q2 24 | — | 0.90× |
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% |
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
