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波尔公司（BALL）与PulteGroup（PHM）财务数据对比。点击上方公司名可切换其他公司
PulteGroup的季度营收约是波尔公司的1.0倍（$3.4B vs $3.3B），PulteGroup净利率更高（10.2% vs 6.0%，领先4.2%），波尔公司同比增速更快（16.2% vs -12.4%），过去两年波尔公司的营收复合增速更高（7.9% vs -13.9%）
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。
PulteGroup Inc.是总部位于美国佐治亚州亚特兰大的住宅建造企业，2023年按房屋交付量统计为美国第三大住宅建造商，自成立以来累计已建成超过77.5万套住宅，是美国住宅开发领域的领先企业之一。
BALL vs PHM — 直观对比
营收规模更大
PHM
是对方的1.0倍
$3.3B
营收增速更快
BALL
高出28.7%
-12.4%
净利率更高
PHM
高出4.2%
6.0%
两年增速更快
BALL
近两年复合增速
-13.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $3.4B |
| 净利润 | $200.0M | $347.0M |
| 毛利率 | — | — |
| 营业利润率 | 7.2% | — |
| 净利率 | 6.0% | 10.2% |
| 营收同比 | 16.2% | -12.4% |
| 净利润同比 | 766.7% | -33.6% |
| 每股收益（稀释后） | $0.73 | — |
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BALLPHM
| Q1 26 | — | $3.4B | ||
| Q4 25 | $3.3B | $4.6B | ||
| Q3 25 | $3.4B | $4.4B | ||
| Q2 25 | $3.3B | $4.4B | ||
| Q1 25 | $3.1B | $3.9B | ||
| Q4 24 | $2.9B | $4.9B | ||
| Q3 24 | $3.1B | $4.5B | ||
| Q2 24 | $3.0B | $4.6B |
净利润BALLPHM
| Q1 26 | — | $347.0M | ||
| Q4 25 | $200.0M | $501.6M | ||
| Q3 25 | $321.0M | $585.8M | ||
| Q2 25 | $215.0M | $608.5M | ||
| Q1 25 | $179.0M | $522.8M | ||
| Q4 24 | $-30.0M | $913.2M | ||
| Q3 24 | $199.0M | $697.9M | ||
| Q2 24 | $159.0M | $809.1M |
毛利率BALLPHM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.7% | 30.4% | ||
| Q2 24 | 16.5% | 31.4% |
营业利润率BALLPHM
| Q1 26 | — | — | ||
| Q4 25 | 7.2% | — | ||
| Q3 25 | 11.6% | — | ||
| Q2 25 | 8.0% | — | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 7.4% | — | ||
| Q2 24 | 6.8% | — |
净利率BALLPHM
| Q1 26 | — | 10.2% | ||
| Q4 25 | 6.0% | 10.9% | ||
| Q3 25 | 9.5% | 13.3% | ||
| Q2 25 | 6.4% | 13.8% | ||
| Q1 25 | 5.8% | 13.4% | ||
| Q4 24 | -1.0% | 18.6% | ||
| Q3 24 | 6.5% | 15.6% | ||
| Q2 24 | 5.4% | 17.6% |
每股收益（稀释后）BALLPHM
| Q1 26 | — | — | ||
| Q4 25 | $0.73 | $2.56 | ||
| Q3 25 | $1.18 | $2.96 | ||
| Q2 25 | $0.76 | $3.03 | ||
| Q1 25 | $0.63 | $2.57 | ||
| Q4 24 | $0.23 | $4.41 | ||
| Q3 24 | $0.65 | $3.35 | ||
| Q2 24 | $0.51 | $3.83 |
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 | $1.8B |
| 总债务越低越好 | $7.0B | — |
| 股东权益账面价值 | $5.4B | $13.0B |
| 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BALLPHM
| Q1 26 | — | $1.8B | ||
| Q4 25 | $1.2B | $2.0B | ||
| Q3 25 | $568.0M | $1.5B | ||
| Q2 25 | $296.0M | $1.2B | ||
| Q1 25 | $449.0M | $1.2B | ||
| Q4 24 | $885.0M | $1.6B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.3B | $1.4B |
总债务BALLPHM
| Q1 26 | — | — | ||
| Q4 25 | $7.0B | $43.9M | ||
| Q3 25 | $6.9B | — | ||
| Q2 25 | $6.5B | — | ||
| Q1 25 | $6.1B | — | ||
| Q4 24 | $5.3B | $31.1M | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $5.5B | — |
股东权益BALLPHM
| Q1 26 | — | $13.0B | ||
| Q4 25 | $5.4B | $13.0B | ||
| Q3 25 | $5.4B | $12.8B | ||
| Q2 25 | $5.2B | $12.6B | ||
| Q1 25 | $5.5B | $12.3B | ||
| Q4 24 | $5.9B | $12.1B | ||
| Q3 24 | $6.7B | $11.6B | ||
| Q2 24 | $6.9B | $11.2B |
总资产BALLPHM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $19.5B | $18.0B | ||
| Q3 25 | $18.7B | $17.9B | ||
| Q2 25 | $18.6B | $17.6B | ||
| Q1 25 | $18.0B | $17.3B | ||
| Q4 24 | $17.6B | $17.4B | ||
| Q3 24 | $18.8B | $17.0B | ||
| Q2 24 | $19.0B | $16.5B |
负债/权益比BALLPHM
| Q1 26 | — | — | ||
| Q4 25 | 1.29× | 0.00× | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | 0.91× | 0.00× | ||
| 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 | $1.2B | $159.8M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | — |
| 自由现金流率自由现金流/营收 | 31.1% | — |
| 资本支出强度资本支出/营收 | 5.1% | 0.7% |
| 现金转化率经营现金流/净利润 | 6.05× | 0.46× |
| 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BALLPHM
| Q1 26 | — | $159.8M | ||
| Q4 25 | $1.2B | $771.1M | ||
| Q3 25 | $384.0M | $678.4M | ||
| Q2 25 | $332.0M | $287.5M | ||
| Q1 25 | $-665.0M | $134.2M | ||
| Q4 24 | $500.0M | $567.6M | ||
| Q3 24 | $610.0M | $455.9M | ||
| Q2 24 | $252.0M | $417.5M |
自由现金流BALLPHM
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $739.8M | ||
| Q3 25 | $257.0M | $651.1M | ||
| Q2 25 | $236.0M | $253.0M | ||
| Q1 25 | $-746.0M | $104.6M | ||
| Q4 24 | $393.0M | $543.1M | ||
| Q3 24 | $493.0M | $417.2M | ||
| Q2 24 | $146.0M | $386.2M |
自由现金流率BALLPHM
| Q1 26 | — | — | ||
| Q4 25 | 31.1% | 16.0% | ||
| Q3 25 | 7.6% | 14.8% | ||
| Q2 25 | 7.1% | 5.7% | ||
| Q1 25 | -24.1% | 2.7% | ||
| Q4 24 | 13.6% | 11.0% | ||
| Q3 24 | 16.0% | 9.3% | ||
| Q2 24 | 4.9% | 8.4% |
资本支出强度BALLPHM
| Q1 26 | — | 0.7% | ||
| Q4 25 | 5.1% | 0.7% | ||
| Q3 25 | 3.8% | 0.6% | ||
| Q2 25 | 2.9% | 0.8% | ||
| Q1 25 | 2.6% | 0.8% | ||
| Q4 24 | 3.7% | 0.5% | ||
| Q3 24 | 3.8% | 0.9% | ||
| Q2 24 | 3.6% | 0.7% |
现金转化率BALLPHM
| Q1 26 | — | 0.46× | ||
| Q4 25 | 6.05× | 1.54× | ||
| Q3 25 | 1.20× | 1.16× | ||
| Q2 25 | 1.54× | 0.47× | ||
| Q1 25 | -3.72× | 0.26× | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | 3.07× | 0.65× | ||
| Q2 24 | 1.58× | 0.52× |
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% |
PHM
| Home sale revenues | $3.3B | 97% |
| Financial Services | $71.7M | 2% |
| Land sale and other revenues | $29.3M | 1% |
