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波尔公司（BALL）与Dollar Tree（DLTR）财务数据对比。点击上方公司名可切换其他公司
Dollar Tree的季度营收约是波尔公司的1.4倍（$4.7B vs $3.3B），波尔公司净利率更高（6.0% vs 5.2%，领先0.8%），波尔公司同比增速更快（16.2% vs -37.2%），波尔公司自由现金流更多（$1.0B vs $-57.1M），过去两年波尔公司的营收复合增速更高（7.9% vs -25.9%）
波尔公司是全球领先的可持续铝制包装解决方案供应商，为饮料、个护、家居产品领域的品牌提供创新包装产品，同时旗下航空航天板块为政府及商业客户提供先进技术、系统与相关服务，全业务线高度重视环保责任与产品可靠性。
Dollar Tree是美国多价位折扣百货连锁企业，位列《财富》500强，总部位于弗吉尼亚州切萨皮克。公司在美国本土48个毗连州及加拿大共运营15115家门店，旗下24个配送中心组成的全国物流网络为所有门店提供运营支持。
BALL vs DLTR — 直观对比
营收规模更大
DLTR
是对方的1.4倍
$3.3B
营收增速更快
BALL
高出53.4%
-37.2%
净利率更高
BALL
高出0.8%
5.2%
自由现金流更多
BALL
多$1.1B
$-57.1M
两年增速更快
BALL
近两年复合增速
-25.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $4.7B |
| 净利润 | $200.0M | $244.6M |
| 毛利率 | — | 35.8% |
| 营业利润率 | 7.2% | 7.2% |
| 净利率 | 6.0% | 5.2% |
| 营收同比 | 16.2% | -37.2% |
| 净利润同比 | 766.7% | 4.8% |
| 每股收益（稀释后） | $0.73 | $1.20 |
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BALLDLTR
| Q4 25 | $3.3B | $4.7B | ||
| Q3 25 | $3.4B | $4.6B | ||
| Q2 25 | $3.3B | $4.6B | ||
| Q1 25 | $3.1B | $5.0B | ||
| Q4 24 | $2.9B | $7.6B | ||
| Q3 24 | $3.1B | $7.4B | ||
| Q2 24 | $3.0B | $7.6B | ||
| Q1 24 | $2.9B | $8.6B |
净利润BALLDLTR
| Q4 25 | $200.0M | $244.6M | ||
| Q3 25 | $321.0M | $188.4M | ||
| Q2 25 | $215.0M | $343.4M | ||
| Q1 25 | $179.0M | $-3.7B | ||
| Q4 24 | $-30.0M | $233.3M | ||
| Q3 24 | $199.0M | $132.4M | ||
| Q2 24 | $159.0M | $300.1M | ||
| Q1 24 | $3.7B | $-1.7B |
毛利率BALLDLTR
| Q4 25 | — | 35.8% | ||
| Q3 25 | — | 34.4% | ||
| Q2 25 | — | 35.6% | ||
| Q1 25 | — | 37.6% | ||
| Q4 24 | — | 30.9% | ||
| Q3 24 | 17.7% | 30.0% | ||
| Q2 24 | 16.5% | 30.8% | ||
| Q1 24 | 16.6% | 32.1% |
营业利润率BALLDLTR
| Q4 25 | 7.2% | 7.2% | ||
| Q3 25 | 11.6% | 5.1% | ||
| Q2 25 | 8.0% | 8.3% | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 0.2% | 4.4% | ||
| Q3 24 | 7.4% | 2.8% | ||
| Q2 24 | 6.8% | 5.5% | ||
| Q1 24 | 6.8% | -21.9% |
净利率BALLDLTR
| Q4 25 | 6.0% | 5.2% | ||
| Q3 25 | 9.5% | 4.1% | ||
| Q2 25 | 6.4% | 7.4% | ||
| Q1 25 | 5.8% | -74.0% | ||
| Q4 24 | -1.0% | 3.1% | ||
| Q3 24 | 6.5% | 1.8% | ||
| Q2 24 | 5.4% | 3.9% | ||
| Q1 24 | 128.3% | -19.8% |
每股收益（稀释后）BALLDLTR
| Q4 25 | $0.73 | $1.20 | ||
| Q3 25 | $1.18 | $0.91 | ||
| Q2 25 | $0.76 | $1.61 | ||
| Q1 25 | $0.63 | $-17.17 | ||
| Q4 24 | $0.23 | $1.08 | ||
| Q3 24 | $0.65 | $0.62 | ||
| Q2 24 | $0.51 | $1.38 | ||
| Q1 24 | $11.61 | $-7.78 |
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 | $1.2B | $594.8M |
| 总债务越低越好 | $7.0B | — |
| 股东权益账面价值 | $5.4B | $3.5B |
| 总资产 | $19.5B | $13.7B |
| 负债/权益比越低杠杆越低 | 1.29× | — |
8季度趋势，按日历期对齐
现金及短期投资BALLDLTR
| Q4 25 | $1.2B | $594.8M | ||
| Q3 25 | $568.0M | $666.3M | ||
| Q2 25 | $296.0M | $1.0B | ||
| Q1 25 | $449.0M | $1.3B | ||
| Q4 24 | $885.0M | $697.6M | ||
| Q3 24 | $1.4B | $570.3M | ||
| Q2 24 | $1.3B | $618.5M | ||
| Q1 24 | $1.7B | $684.9M |
总债务BALLDLTR
| Q4 25 | $7.0B | — | ||
| Q3 25 | $6.9B | — | ||
| Q2 25 | $6.5B | — | ||
| Q1 25 | $6.1B | $3.4B | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $5.5B | $3.4B |
股东权益BALLDLTR
| Q4 25 | $5.4B | $3.5B | ||
| Q3 25 | $5.4B | $3.6B | ||
| Q2 25 | $5.2B | $3.9B | ||
| Q1 25 | $5.5B | $4.0B | ||
| Q4 24 | $5.9B | $7.6B | ||
| Q3 24 | $6.7B | $7.4B | ||
| Q2 24 | $6.9B | $7.3B | ||
| Q1 24 | $7.3B | $7.3B |
总资产BALLDLTR
| Q4 25 | $19.5B | $13.7B | ||
| Q3 25 | $18.7B | $13.4B | ||
| Q2 25 | $18.6B | $18.3B | ||
| Q1 25 | $18.0B | $18.6B | ||
| Q4 24 | $17.6B | $23.3B | ||
| Q3 24 | $18.8B | $22.6B | ||
| Q2 24 | $19.0B | $22.1B | ||
| Q1 24 | $19.9B | $22.0B |
负债/权益比BALLDLTR
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.12× | 0.86× | ||
| Q4 24 | 0.91× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.80× | — | ||
| Q1 24 | 0.76× | 0.47× |
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 | $1.2B | $319.3M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $-57.1M |
| 自由现金流率自由现金流/营收 | 31.1% | -1.2% |
| 资本支出强度资本支出/营收 | 5.1% | 7.9% |
| 现金转化率经营现金流/净利润 | 6.05× | 1.31× |
| 过去12个月自由现金流最近4个季度 | $788.0M | $394.5M |
8季度趋势，按日历期对齐
经营现金流BALLDLTR
| Q4 25 | $1.2B | $319.3M | ||
| Q3 25 | $384.0M | $260.7M | ||
| Q2 25 | $332.0M | $378.5M | ||
| Q1 25 | $-665.0M | $405.1M | ||
| Q4 24 | $500.0M | $785.6M | ||
| Q3 24 | $610.0M | $306.9M | ||
| Q2 24 | $252.0M | $695.7M | ||
| Q1 24 | $-1.2B | $1.3B |
自由现金流BALLDLTR
| Q4 25 | $1.0B | $-57.1M | ||
| Q3 25 | $257.0M | $15.6M | ||
| Q2 25 | $236.0M | $129.7M | ||
| Q1 25 | $-746.0M | $306.3M | ||
| Q4 24 | $393.0M | $359.2M | ||
| Q3 24 | $493.0M | $-193.8M | ||
| Q2 24 | $146.0M | $223.5M | ||
| Q1 24 | $-1.4B | $470.8M |
自由现金流率BALLDLTR
| Q4 25 | 31.1% | -1.2% | ||
| Q3 25 | 7.6% | 0.3% | ||
| Q2 25 | 7.1% | 2.8% | ||
| Q1 25 | -24.1% | 6.1% | ||
| Q4 24 | 13.6% | 4.8% | ||
| Q3 24 | 16.0% | -2.6% | ||
| Q2 24 | 4.9% | 2.9% | ||
| Q1 24 | -48.7% | 5.5% |
资本支出强度BALLDLTR
| Q4 25 | 5.1% | 7.9% | ||
| Q3 25 | 3.8% | 5.4% | ||
| Q2 25 | 2.9% | 5.4% | ||
| Q1 25 | 2.6% | 2.0% | ||
| Q4 24 | 3.7% | 5.6% | ||
| Q3 24 | 3.8% | 6.8% | ||
| Q2 24 | 3.6% | 6.2% | ||
| Q1 24 | 5.4% | 9.1% |
现金转化率BALLDLTR
| Q4 25 | 6.05× | 1.31× | ||
| Q3 25 | 1.20× | 1.38× | ||
| Q2 25 | 1.54× | 1.10× | ||
| Q1 25 | -3.72× | — | ||
| Q4 24 | — | 3.37× | ||
| Q3 24 | 3.07× | 2.32× | ||
| Q2 24 | 1.58× | 2.32× | ||
| Q1 24 | -0.34× | — |
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
BALL
| Transferred Over Time | $2.7B | 82% |
| Transferred At Point In Time | $602.0M | 18% |
DLTR
| Consumable | $2.4B | 50% |
| Variety | $2.1B | 43% |
| Seasonal | $344.1M | 7% |
