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波尔公司（BALL）与宜瑞安（INGR）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宜瑞安的1.9倍（$3.3B vs $1.8B），宜瑞安净利率更高（9.5% vs 6.0%，领先3.5%），波尔公司同比增速更快（16.2% vs -2.4%），波尔公司自由现金流更多（$1.0B vs $270.0M），过去两年波尔公司的营收复合增速更高（7.9% vs -3.4%）
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。
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
BALL vs INGR — 直观对比
营收规模更大
BALL
是对方的1.9倍
$1.8B
营收增速更快
BALL
高出18.6%
-2.4%
净利率更高
INGR
高出3.5%
6.0%
自由现金流更多
BALL
多$771.0M
$270.0M
两年增速更快
BALL
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.8B |
| 净利润 | $200.0M | $167.0M |
| 毛利率 | — | 24.5% |
| 营业利润率 | 7.2% | 12.5% |
| 净利率 | 6.0% | 9.5% |
| 营收同比 | 16.2% | -2.4% |
| 净利润同比 | 766.7% | 72.2% |
| 每股收益（稀释后） | $0.73 | $2.58 |
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BALLINGR
| Q4 25 | $3.3B | $1.8B | ||
| Q3 25 | $3.4B | $1.8B | ||
| Q2 25 | $3.3B | $1.8B | ||
| Q1 25 | $3.1B | $1.8B | ||
| Q4 24 | $2.9B | $1.8B | ||
| Q3 24 | $3.1B | $1.9B | ||
| Q2 24 | $3.0B | $1.9B | ||
| Q1 24 | $2.9B | $1.9B |
净利润BALLINGR
| Q4 25 | $200.0M | $167.0M | ||
| Q3 25 | $321.0M | $171.0M | ||
| Q2 25 | $215.0M | $196.0M | ||
| Q1 25 | $179.0M | $197.0M | ||
| Q4 24 | $-30.0M | $97.0M | ||
| Q3 24 | $199.0M | $188.0M | ||
| Q2 24 | $159.0M | $148.0M | ||
| Q1 24 | $3.7B | $216.0M |
毛利率BALLINGR
| Q4 25 | — | 24.5% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 26.0% | ||
| Q1 25 | — | 25.7% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | 17.7% | 25.6% | ||
| Q2 24 | 16.5% | 23.7% | ||
| Q1 24 | 16.6% | 22.2% |
营业利润率BALLINGR
| Q4 25 | 7.2% | 12.5% | ||
| Q3 25 | 11.6% | 13.7% | ||
| Q2 25 | 8.0% | 14.8% | ||
| Q1 25 | 7.4% | 15.2% | ||
| Q4 24 | 0.2% | 9.0% | ||
| Q3 24 | 7.4% | 14.3% | ||
| Q2 24 | 6.8% | 12.8% | ||
| Q1 24 | 6.8% | 11.3% |
净利率BALLINGR
| Q4 25 | 6.0% | 9.5% | ||
| Q3 25 | 9.5% | 9.4% | ||
| Q2 25 | 6.4% | 10.7% | ||
| Q1 25 | 5.8% | 10.9% | ||
| Q4 24 | -1.0% | 5.4% | ||
| Q3 24 | 6.5% | 10.1% | ||
| Q2 24 | 5.4% | 7.9% | ||
| Q1 24 | 128.3% | 11.5% |
每股收益（稀释后）BALLINGR
| Q4 25 | $0.73 | $2.58 | ||
| Q3 25 | $1.18 | $2.61 | ||
| Q2 25 | $0.76 | $2.99 | ||
| Q1 25 | $0.63 | $3.00 | ||
| Q4 24 | $0.23 | $1.43 | ||
| Q3 24 | $0.65 | $2.83 | ||
| Q2 24 | $0.51 | $2.22 | ||
| Q1 24 | $11.61 | $3.23 |
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 | $1.0B |
| 总债务越低越好 | $7.0B | — |
| 股东权益账面价值 | $5.4B | $4.3B |
| 总资产 | $19.5B | $7.9B |
| 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BALLINGR
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $568.0M | $915.0M | ||
| Q2 25 | $296.0M | $861.0M | ||
| Q1 25 | $449.0M | $837.0M | ||
| Q4 24 | $885.0M | $997.0M | ||
| Q3 24 | $1.4B | $877.0M | ||
| Q2 24 | $1.3B | $505.0M | ||
| Q1 24 | $1.7B | $438.0M |
总债务BALLINGR
| 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BALLINGR
| Q4 25 | $5.4B | $4.3B | ||
| Q3 25 | $5.4B | $4.2B | ||
| Q2 25 | $5.2B | $4.2B | ||
| Q1 25 | $5.5B | $4.0B | ||
| Q4 24 | $5.9B | $3.8B | ||
| Q3 24 | $6.7B | $4.0B | ||
| Q2 24 | $6.9B | $3.7B | ||
| Q1 24 | $7.3B | $3.7B |
总资产BALLINGR
| Q4 25 | $19.5B | $7.9B | ||
| Q3 25 | $18.7B | $7.8B | ||
| Q2 25 | $18.6B | $7.8B | ||
| Q1 25 | $18.0B | $7.5B | ||
| Q4 24 | $17.6B | $7.4B | ||
| Q3 24 | $18.8B | $7.5B | ||
| Q2 24 | $19.0B | $7.2B | ||
| Q1 24 | $19.9B | $7.3B |
负债/权益比BALLINGR
| 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 | $405.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $270.0M |
| 自由现金流率自由现金流/营收 | 31.1% | 15.4% |
| 资本支出强度资本支出/营收 | 5.1% | 7.7% |
| 现金转化率经营现金流/净利润 | 6.05× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $788.0M | $511.0M |
8季度趋势，按日历期对齐
经营现金流BALLINGR
| Q4 25 | $1.2B | $405.0M | ||
| Q3 25 | $384.0M | $277.0M | ||
| Q2 25 | $332.0M | $185.0M | ||
| Q1 25 | $-665.0M | $77.0M | ||
| Q4 24 | $500.0M | $436.0M | ||
| Q3 24 | $610.0M | $479.0M | ||
| Q2 24 | $252.0M | $312.0M | ||
| Q1 24 | $-1.2B | $209.0M |
自由现金流BALLINGR
| Q4 25 | $1.0B | $270.0M | ||
| Q3 25 | $257.0M | $172.0M | ||
| Q2 25 | $236.0M | $84.0M | ||
| Q1 25 | $-746.0M | $-15.0M | ||
| Q4 24 | $393.0M | $311.0M | ||
| Q3 24 | $493.0M | $429.0M | ||
| Q2 24 | $146.0M | $257.0M | ||
| Q1 24 | $-1.4B | $144.0M |
自由现金流率BALLINGR
| Q4 25 | 31.1% | 15.4% | ||
| Q3 25 | 7.6% | 9.5% | ||
| Q2 25 | 7.1% | 4.6% | ||
| Q1 25 | -24.1% | -0.8% | ||
| Q4 24 | 13.6% | 17.3% | ||
| Q3 24 | 16.0% | 22.9% | ||
| Q2 24 | 4.9% | 13.7% | ||
| Q1 24 | -48.7% | 7.7% |
资本支出强度BALLINGR
| Q4 25 | 5.1% | 7.7% | ||
| Q3 25 | 3.8% | 5.8% | ||
| Q2 25 | 2.9% | 5.5% | ||
| Q1 25 | 2.6% | 5.1% | ||
| Q4 24 | 3.7% | 6.9% | ||
| Q3 24 | 3.8% | 2.7% | ||
| Q2 24 | 3.6% | 2.9% | ||
| Q1 24 | 5.4% | 3.5% |
现金转化率BALLINGR
| Q4 25 | 6.05× | 2.43× | ||
| Q3 25 | 1.20× | 1.62× | ||
| Q2 25 | 1.54× | 0.94× | ||
| Q1 25 | -3.72× | 0.39× | ||
| Q4 24 | — | 4.49× | ||
| Q3 24 | 3.07× | 2.55× | ||
| Q2 24 | 1.58× | 2.11× | ||
| Q1 24 | -0.34× | 0.97× |
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% |
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
