vs
波尔公司（BALL）与FULLER H B CO（FUL）财务数据对比。点击上方公司名可切换其他公司
波尔公司的季度营收约是FULLER H B CO的3.8倍（$3.3B vs $892.0M）。FULLER H B CO净利率更高（7.5% vs 6.0%，领先1.6%）。波尔公司同比增速更快（16.2% vs -2.8%）。波尔公司自由现金流更多（$1.0B vs $68.9M）。过去两年波尔公司的营收复合增速更高（7.9% vs 5.0%）
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。
H.B.富勒公司是总部位于美国明尼苏达州圣保罗的跨国粘合剂制造企业，全球第四大粘合剂及密封剂生产商。公司拥有超过20000种产品，广泛应用于建筑、工程、电子、卫生用品、食品包装等领域，在26个国家设有81座生产基地，2024年员工规模约7500人。
BALL vs FUL — 直观对比
营收规模更大
BALL
是对方的3.8倍
$892.0M
营收增速更快
BALL
高出19.0%
-2.8%
净利率更高
FUL
高出1.6%
6.0%
自由现金流更多
BALL
多$972.1M
$68.9M
两年增速更快
BALL
近两年复合增速
5.0%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $892.0M |
| 净利润 | $200.0M | $67.2M |
| 毛利率 | — | 32.0% |
| 营业利润率 | 7.2% | 12.3% |
| 净利率 | 6.0% | 7.5% |
| 营收同比 | 16.2% | -2.8% |
| 净利润同比 | 766.7% | 21.3% |
| 每股收益（稀释后） | $0.73 | $1.22 |
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BALLFUL
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.4B | $892.0M | ||
| Q2 25 | $3.3B | $898.1M | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.1B | $917.9M | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $2.9B | $810.4M |
净利润BALLFUL
| Q4 25 | $200.0M | — | ||
| Q3 25 | $321.0M | $67.2M | ||
| Q2 25 | $215.0M | $41.8M | ||
| Q1 25 | $179.0M | — | ||
| Q4 24 | $-30.0M | — | ||
| Q3 24 | $199.0M | $55.4M | ||
| Q2 24 | $159.0M | — | ||
| Q1 24 | $3.7B | $31.0M |
毛利率BALLFUL
| Q4 25 | — | — | ||
| Q3 25 | — | 32.0% | ||
| Q2 25 | — | 31.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.7% | 30.0% | ||
| Q2 24 | 16.5% | — | ||
| Q1 24 | 16.6% | 29.5% |
营业利润率BALLFUL
| Q4 25 | 7.2% | — | ||
| Q3 25 | 11.6% | 12.3% | ||
| Q2 25 | 8.0% | 11.1% | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 7.4% | 11.4% | ||
| Q2 24 | 6.8% | — | ||
| Q1 24 | 6.8% | 8.3% |
净利率BALLFUL
| Q4 25 | 6.0% | — | ||
| Q3 25 | 9.5% | 7.5% | ||
| Q2 25 | 6.4% | 4.7% | ||
| Q1 25 | 5.8% | — | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | 6.5% | 6.0% | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | 128.3% | 3.8% |
每股收益（稀释后）BALLFUL
| Q4 25 | $0.73 | — | ||
| Q3 25 | $1.18 | $1.22 | ||
| Q2 25 | $0.76 | $0.76 | ||
| Q1 25 | $0.63 | — | ||
| Q4 24 | $0.23 | — | ||
| Q3 24 | $0.65 | $0.98 | ||
| Q2 24 | $0.51 | — | ||
| Q1 24 | $11.61 | $0.55 |
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 | $122.5M |
| 总债务越低越好 | $7.0B | — |
| 股东权益账面价值 | $5.4B | $2.0B |
| 总资产 | $19.5B | $5.2B |
| 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BALLFUL
| Q4 25 | $1.2B | — | ||
| Q3 25 | $568.0M | $122.5M | ||
| Q2 25 | $296.0M | $96.8M | ||
| Q1 25 | $449.0M | — | ||
| Q4 24 | $885.0M | — | ||
| Q3 24 | $1.4B | $131.4M | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.7B | $165.2M |
总债务BALLFUL
| Q4 25 | $7.0B | — | ||
| Q3 25 | $6.9B | — | ||
| Q2 25 | $6.5B | — | ||
| Q1 25 | $6.1B | — | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $5.5B | — |
股东权益BALLFUL
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.4B | $2.0B | ||
| Q2 25 | $5.2B | $1.9B | ||
| Q1 25 | $5.5B | — | ||
| Q4 24 | $5.9B | — | ||
| Q3 24 | $6.7B | $1.8B | ||
| Q2 24 | $6.9B | — | ||
| Q1 24 | $7.3B | $1.8B |
总资产BALLFUL
| Q4 25 | $19.5B | — | ||
| Q3 25 | $18.7B | $5.2B | ||
| Q2 25 | $18.6B | $5.1B | ||
| Q1 25 | $18.0B | — | ||
| Q4 24 | $17.6B | — | ||
| Q3 24 | $18.8B | $5.0B | ||
| Q2 24 | $19.0B | — | ||
| Q1 24 | $19.9B | $4.7B |
负债/权益比BALLFUL
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | 0.91× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.80× | — | ||
| Q1 24 | 0.76× | — |
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 | $99.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $68.9M |
| 自由现金流率自由现金流/营收 | 31.1% | 7.7% |
| 资本支出强度资本支出/营收 | 5.1% | 3.4% |
| 现金转化率经营现金流/净利润 | 6.05× | 1.47× |
| 过去12个月自由现金流最近4个季度 | $788.0M | — |
8季度趋势，按日历期对齐
经营现金流BALLFUL
| Q4 25 | $1.2B | — | ||
| Q3 25 | $384.0M | $99.0M | ||
| Q2 25 | $332.0M | — | ||
| Q1 25 | $-665.0M | — | ||
| Q4 24 | $500.0M | — | ||
| Q3 24 | $610.0M | $169.4M | ||
| Q2 24 | $252.0M | — | ||
| Q1 24 | $-1.2B | $47.4M |
自由现金流BALLFUL
| Q4 25 | $1.0B | — | ||
| Q3 25 | $257.0M | $68.9M | ||
| Q2 25 | $236.0M | — | ||
| Q1 25 | $-746.0M | — | ||
| Q4 24 | $393.0M | — | ||
| Q3 24 | $493.0M | $99.9M | ||
| Q2 24 | $146.0M | — | ||
| Q1 24 | $-1.4B | $4.1M |
自由现金流率BALLFUL
| Q4 25 | 31.1% | — | ||
| Q3 25 | 7.6% | 7.7% | ||
| Q2 25 | 7.1% | — | ||
| Q1 25 | -24.1% | — | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 16.0% | 10.9% | ||
| Q2 24 | 4.9% | — | ||
| Q1 24 | -48.7% | 0.5% |
资本支出强度BALLFUL
| Q4 25 | 5.1% | — | ||
| Q3 25 | 3.8% | 3.4% | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 3.8% | 7.6% | ||
| Q2 24 | 3.6% | — | ||
| Q1 24 | 5.4% | 5.3% |
现金转化率BALLFUL
| Q4 25 | 6.05× | — | ||
| Q3 25 | 1.20× | 1.47× | ||
| Q2 25 | 1.54× | — | ||
| Q1 25 | -3.72× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.07× | 3.06× | ||
| Q2 24 | 1.58× | — | ||
| Q1 24 | -0.34× | 1.53× |
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% |
FUL
| Hygiene Health And Consumable Adhesives | $386.1M | 43% |
| Engineering Adhesives | $272.3M | 31% |
| Building Adhesives Solutions | $233.7M | 26% |
