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波音（BA）与环联（TRU）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环联的19.0倍（$22.2B vs $1.2B）。环联净利率更高（8.6% vs -0.0%，领先8.7%）。波音同比增速更快（14.0% vs 13.0%）。环联自由现金流更多（$222.8M vs $-1.5B）。过去两年波音的营收复合增速更高（14.8% vs 7.1%）
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。
环联是美国知名消费者信用报告机构，与益博睿、艾奎法克斯并列美国三大征信机构，总部位于伊利诺伊州芝加哥。目前其业务覆盖30余个国家，累计收集超10亿消费者的信用信息，持有美国几乎所有有信用记录消费者的超2亿份档案，服务超6.5万家企业客户，2014年营收达13亿美元。
BA vs TRU — 直观对比
营收规模更大
BA
是对方的19.0倍
$1.2B
营收增速更快
BA
高出1.0%
13.0%
净利率更高
TRU
高出8.7%
-0.0%
自由现金流更多
TRU
多$1.7B
$-1.5B
两年增速更快
BA
近两年复合增速
7.1%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $22.2B | $1.2B |
| 净利润 | $-7.0M | $101.1M |
| 毛利率 | — | — |
| 营业利润率 | 2.0% | 17.4% |
| 净利率 | -0.0% | 8.6% |
| 营收同比 | 14.0% | 13.0% |
| 净利润同比 | 77.4% | 52.5% |
| 每股收益（稀释后） | $-0.11 | $0.52 |
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BATRU
| Q1 26 | $22.2B | — | ||
| Q4 25 | $23.9B | $1.2B | ||
| Q3 25 | $23.3B | $1.2B | ||
| Q2 25 | $22.7B | $1.1B | ||
| Q1 25 | $19.5B | $1.1B | ||
| Q4 24 | $15.2B | $1.0B | ||
| Q3 24 | $17.8B | $1.1B | ||
| Q2 24 | $16.9B | $1.0B |
净利润BATRU
| Q1 26 | $-7.0M | — | ||
| Q4 25 | $8.2B | $101.1M | ||
| Q3 25 | $-5.3B | $96.6M | ||
| Q2 25 | $-611.0M | $109.6M | ||
| Q1 25 | $-37.0M | $148.1M | ||
| Q4 24 | $-3.9B | $66.3M | ||
| Q3 24 | $-6.2B | $68.0M | ||
| Q2 24 | $-1.4B | $85.0M |
毛利率BATRU
| 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BATRU
| Q1 26 | 2.0% | — | ||
| Q4 25 | 36.7% | 17.4% | ||
| Q3 25 | -20.5% | 17.8% | ||
| Q2 25 | -0.8% | 16.9% | ||
| Q1 25 | 2.4% | 23.2% | ||
| Q4 24 | -24.7% | 16.5% | ||
| Q3 24 | -32.3% | 14.4% | ||
| Q2 24 | -6.5% | 17.5% |
净利率BATRU
| Q1 26 | -0.0% | — | ||
| Q4 25 | 34.3% | 8.6% | ||
| Q3 25 | -22.9% | 8.3% | ||
| Q2 25 | -2.7% | 9.6% | ||
| Q1 25 | -0.2% | 13.5% | ||
| Q4 24 | -25.4% | 6.4% | ||
| Q3 24 | -34.6% | 6.3% | ||
| Q2 24 | -8.5% | 8.2% |
每股收益（稀释后）BATRU
| Q1 26 | $-0.11 | — | ||
| Q4 25 | $10.70 | $0.52 | ||
| Q3 25 | $-7.14 | $0.49 | ||
| Q2 25 | $-0.92 | $0.56 | ||
| Q1 25 | $-0.16 | $0.75 | ||
| Q4 24 | $-5.50 | $0.33 | ||
| Q3 24 | $-9.97 | $0.35 | ||
| Q2 24 | $-2.33 | $0.44 |
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 | $856.3M |
| 总债务越低越好 | $44.4B | $4.9B |
| 股东权益账面价值 | $6.0B | $4.4B |
| 总资产 | $164.8B | $11.1B |
| 负债/权益比越低杠杆越低 | 7.41× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资BATRU
| Q1 26 | $9.4B | — | ||
| Q4 25 | $29.4B | $856.3M | ||
| Q3 25 | $23.0B | $752.5M | ||
| Q2 25 | $23.0B | $690.0M | ||
| Q1 25 | $23.7B | $612.5M | ||
| Q4 24 | $26.3B | $682.0M | ||
| Q3 24 | $10.5B | $646.0M | ||
| Q2 24 | $12.6B | $545.8M |
总债务BATRU
| Q1 26 | $44.4B | — | ||
| Q4 25 | $45.6B | $4.9B | ||
| Q3 25 | $44.6B | — | ||
| Q2 25 | $44.6B | — | ||
| Q1 25 | $45.7B | — | ||
| Q4 24 | $52.6B | $5.1B | ||
| Q3 24 | $53.2B | — | ||
| Q2 24 | $53.2B | — |
股东权益BATRU
| Q1 26 | $6.0B | — | ||
| Q4 25 | $5.5B | $4.4B | ||
| Q3 25 | $-8.3B | $4.5B | ||
| Q2 25 | $-3.3B | $4.5B | ||
| Q1 25 | $-3.3B | $4.4B | ||
| Q4 24 | $-3.9B | $4.2B | ||
| Q3 24 | $-23.6B | $4.2B | ||
| Q2 24 | $-18.0B | $4.1B |
总资产BATRU
| Q1 26 | $164.8B | — | ||
| Q4 25 | $168.2B | $11.1B | ||
| Q3 25 | $150.0B | $11.1B | ||
| Q2 25 | $155.1B | $11.1B | ||
| Q1 25 | $156.5B | $10.9B | ||
| Q4 24 | $156.4B | $11.0B | ||
| Q3 24 | $137.7B | $11.1B | ||
| Q2 24 | $142.7B | $11.0B |
负债/权益比BATRU
| Q1 26 | 7.41× | — | ||
| Q4 25 | 8.37× | 1.11× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.20× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $319.5M |
| 自由现金流经营现金流 - 资本支出 | $-1.5B | $222.8M |
| 自由现金流率自由现金流/营收 | -6.5% | 19.0% |
| 资本支出强度资本支出/营收 | — | 8.3% |
| 现金转化率经营现金流/净利润 | — | 3.16× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $661.6M |
8季度趋势，按日历期对齐
经营现金流BATRU
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $319.5M | ||
| Q3 25 | $1.1B | $324.3M | ||
| Q2 25 | $227.0M | $291.3M | ||
| Q1 25 | $-1.6B | $52.5M | ||
| Q4 24 | $-3.5B | $254.0M | ||
| Q3 24 | $-1.3B | $229.3M | ||
| Q2 24 | $-3.9B | $295.2M |
自由现金流BATRU
| Q1 26 | $-1.5B | — | ||
| Q4 25 | $375.0M | $222.8M | ||
| Q3 25 | $238.0M | $240.4M | ||
| Q2 25 | $-200.0M | $214.3M | ||
| Q1 25 | $-2.3B | $-15.9M | ||
| Q4 24 | $-4.1B | $136.9M | ||
| Q3 24 | $-2.0B | $161.3M | ||
| Q2 24 | $-4.3B | $226.9M |
自由现金流率BATRU
| Q1 26 | -6.5% | — | ||
| Q4 25 | 1.6% | 19.0% | ||
| Q3 25 | 1.0% | 20.6% | ||
| Q2 25 | -0.9% | 18.8% | ||
| Q1 25 | -11.7% | -1.5% | ||
| Q4 24 | -26.9% | 13.2% | ||
| Q3 24 | -11.0% | 14.9% | ||
| Q2 24 | -25.7% | 21.8% |
资本支出强度BATRU
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 8.3% | ||
| Q3 25 | 3.8% | 7.2% | ||
| Q2 25 | 1.9% | 6.8% | ||
| Q1 25 | 3.5% | 6.2% | ||
| Q4 24 | 4.3% | 11.3% | ||
| Q3 24 | 3.4% | 6.3% | ||
| Q2 24 | 2.4% | 6.6% |
现金转化率BATRU
| Q1 26 | — | — | ||
| Q4 25 | 0.16× | 3.16× | ||
| Q3 25 | — | 3.36× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 3.83× | ||
| Q3 24 | — | 3.37× | ||
| Q2 24 | — | 3.47× |
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% |
TRU
暂无分部数据
