vs
波尔公司（BALL）与埃培智集团（IPG）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埃培智集团的1.7倍（$3.6B vs $2.1B），埃培智集团净利率更高（5.8% vs 5.7%，领先0.1%），波尔公司同比增速更快（16.3% vs -4.8%），埃培智集团自由现金流更多（$153.6M vs $-938.0M），过去两年波尔公司的营收复合增速更高（10.3% vs -9.1%）
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。
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
BALL vs IPG — 直观对比
营收规模更大
BALL
是对方的1.7倍
$2.1B
营收增速更快
BALL
高出21.1%
-4.8%
净利率更高
IPG
高出0.1%
5.7%
自由现金流更多
IPG
多$1.1B
$-938.0M
两年增速更快
BALL
近两年复合增速
-9.1%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $2.1B |
| 净利润 | $205.0M | $124.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 10.3% |
| 净利率 | 5.7% | 5.8% |
| 营收同比 | 16.3% | -4.8% |
| 净利润同比 | 14.5% | 517.9% |
| 每股收益（稀释后） | $0.77 | $0.34 |
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BALLIPG
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $3.3B | $2.2B | ||
| Q1 25 | $3.1B | $2.0B | ||
| Q4 24 | $2.9B | $2.4B | ||
| Q3 24 | $3.1B | $2.2B | ||
| Q2 24 | $3.0B | $2.3B |
净利润BALLIPG
| Q1 26 | $205.0M | — | ||
| Q4 25 | $200.0M | — | ||
| Q3 25 | $321.0M | $124.2M | ||
| Q2 25 | $215.0M | $162.5M | ||
| Q1 25 | $179.0M | $-85.4M | ||
| Q4 24 | $-30.0M | $344.5M | ||
| Q3 24 | $199.0M | $20.1M | ||
| Q2 24 | $159.0M | $214.5M |
毛利率BALLIPG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | 17.7% | 2.9% | ||
| Q2 24 | 16.5% | 1.2% |
营业利润率BALLIPG
| Q1 26 | — | — | ||
| Q4 25 | 7.2% | — | ||
| Q3 25 | 11.6% | 10.3% | ||
| Q2 25 | 8.0% | 11.2% | ||
| Q1 25 | 7.4% | -2.1% | ||
| Q4 24 | 0.2% | 23.3% | ||
| Q3 24 | 7.4% | 5.9% | ||
| Q2 24 | 6.8% | 13.7% |
净利率BALLIPG
| Q1 26 | 5.7% | — | ||
| Q4 25 | 6.0% | — | ||
| Q3 25 | 9.5% | 5.8% | ||
| Q2 25 | 6.4% | 7.5% | ||
| Q1 25 | 5.8% | -4.3% | ||
| Q4 24 | -1.0% | 14.1% | ||
| Q3 24 | 6.5% | 0.9% | ||
| Q2 24 | 5.4% | 9.2% |
每股收益（稀释后）BALLIPG
| Q1 26 | $0.77 | — | ||
| Q4 25 | $0.73 | — | ||
| Q3 25 | $1.18 | $0.34 | ||
| Q2 25 | $0.76 | $0.44 | ||
| Q1 25 | $0.63 | $-0.23 | ||
| Q4 24 | $0.23 | $0.92 | ||
| Q3 24 | $0.65 | $0.05 | ||
| Q2 24 | $0.51 | $0.57 |
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 | $730.0M | $1.5B |
| 总债务越低越好 | $7.0B | — |
| 股东权益账面价值 | $5.6B | $3.7B |
| 总资产 | $19.8B | $17.0B |
| 负债/权益比越低杠杆越低 | 1.25× | — |
8季度趋势，按日历期对齐
现金及短期投资BALLIPG
| Q1 26 | $730.0M | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $568.0M | $1.5B | ||
| Q2 25 | $296.0M | $1.6B | ||
| Q1 25 | $449.0M | $1.9B | ||
| Q4 24 | $885.0M | $2.2B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.3B | $1.5B |
总债务BALLIPG
| Q1 26 | $7.0B | — | ||
| 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 | — |
股东权益BALLIPG
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.4B | $3.7B | ||
| Q2 25 | $5.2B | $3.7B | ||
| Q1 25 | $5.5B | $3.6B | ||
| Q4 24 | $5.9B | $3.8B | ||
| Q3 24 | $6.7B | $3.7B | ||
| Q2 24 | $6.9B | $3.8B |
总资产BALLIPG
| Q1 26 | $19.8B | — | ||
| Q4 25 | $19.5B | — | ||
| Q3 25 | $18.7B | $17.0B | ||
| Q2 25 | $18.6B | $17.0B | ||
| Q1 25 | $18.0B | $17.1B | ||
| Q4 24 | $17.6B | $18.3B | ||
| Q3 24 | $18.8B | $17.1B | ||
| Q2 24 | $19.0B | $17.0B |
负债/权益比BALLIPG
| Q1 26 | 1.25× | — | ||
| 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× | — |
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 | — | $180.1M |
| 自由现金流经营现金流 - 资本支出 | $-938.0M | $153.6M |
| 自由现金流率自由现金流/营收 | -26.0% | 7.2% |
| 资本支出强度资本支出/营收 | 4.5% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.45× |
| 过去12个月自由现金流最近4个季度 | $596.0M | $806.8M |
8季度趋势，按日历期对齐
经营现金流BALLIPG
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $384.0M | $180.1M | ||
| Q2 25 | $332.0M | $-96.0M | ||
| Q1 25 | $-665.0M | $-37.0M | ||
| Q4 24 | $500.0M | $868.1M | ||
| Q3 24 | $610.0M | $223.8M | ||
| Q2 24 | $252.0M | $120.7M |
自由现金流BALLIPG
| Q1 26 | $-938.0M | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $257.0M | $153.6M | ||
| Q2 25 | $236.0M | $-121.8M | ||
| Q1 25 | $-746.0M | $-58.5M | ||
| Q4 24 | $393.0M | $833.5M | ||
| Q3 24 | $493.0M | $186.5M | ||
| Q2 24 | $146.0M | $85.9M |
自由现金流率BALLIPG
| Q1 26 | -26.0% | — | ||
| Q4 25 | 31.1% | — | ||
| Q3 25 | 7.6% | 7.2% | ||
| Q2 25 | 7.1% | -5.6% | ||
| Q1 25 | -24.1% | -2.9% | ||
| Q4 24 | 13.6% | 34.2% | ||
| Q3 24 | 16.0% | 8.3% | ||
| Q2 24 | 4.9% | 3.7% |
资本支出强度BALLIPG
| Q1 26 | 4.5% | — | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | 3.8% | 1.2% | ||
| Q2 25 | 2.9% | 1.2% | ||
| Q1 25 | 2.6% | 1.1% | ||
| Q4 24 | 3.7% | 1.4% | ||
| Q3 24 | 3.8% | 1.7% | ||
| Q2 24 | 3.6% | 1.5% |
现金转化率BALLIPG
| Q1 26 | — | — | ||
| Q4 25 | 6.05× | — | ||
| Q3 25 | 1.20× | 1.45× | ||
| Q2 25 | 1.54× | -0.59× | ||
| Q1 25 | -3.72× | — | ||
| Q4 24 | — | 2.52× | ||
| Q3 24 | 3.07× | 11.13× | ||
| Q2 24 | 1.58× | 0.56× |
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
| Beverage packaging, North and Central America | $1.8B | 49% |
| Beverage packaging, EMEA | $1.1B | 31% |
| Beverage packaging, South America | $585.0M | 16% |
| Other | $131.0M | 4% |
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
