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波尔公司（BALL）与Block, Inc.（XYZ）财务数据对比。点击上方公司名可切换其他公司
Block, Inc.的季度营收约是波尔公司的1.9倍（$6.3B vs $3.3B），波尔公司净利率更高（6.0% vs 1.9%，领先4.1%），波尔公司同比增速更快（16.2% vs 3.6%），波尔公司自由现金流更多（$1.0B vs $579.8M），过去两年波尔公司的营收复合增速更高（7.9% vs 2.4%）
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。
Block, Inc.是美国科技企业，面向消费者与商户提供金融服务，由杰克·多尔西于2009年创立，是美国销售点系统领域的市场领导者。截至2024年，平台服务5700万用户及400万商户，年支付处理规模达2410亿美元。
BALL vs XYZ — 直观对比
营收规模更大
XYZ
是对方的1.9倍
$3.3B
营收增速更快
BALL
高出12.6%
3.6%
净利率更高
BALL
高出4.1%
1.9%
自由现金流更多
BALL
多$461.2M
$579.8M
两年增速更快
BALL
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $6.3B |
| 净利润 | $200.0M | $115.8M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 7.2% | 7.8% |
| 净利率 | 6.0% | 1.9% |
| 营收同比 | 16.2% | 3.6% |
| 净利润同比 | 766.7% | -94.1% |
| 每股收益（稀释后） | $0.73 | $0.19 |
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BALLXYZ
| Q4 25 | $3.3B | $6.3B | ||
| Q3 25 | $3.4B | $6.1B | ||
| Q2 25 | $3.3B | $6.1B | ||
| Q1 25 | $3.1B | $5.8B | ||
| Q4 24 | $2.9B | $6.0B | ||
| Q3 24 | $3.1B | $6.0B | ||
| Q2 24 | $3.0B | $6.2B | ||
| Q1 24 | $2.9B | $6.0B |
净利润BALLXYZ
| Q4 25 | $200.0M | $115.8M | ||
| Q3 25 | $321.0M | $461.5M | ||
| Q2 25 | $215.0M | $538.5M | ||
| Q1 25 | $179.0M | $189.9M | ||
| Q4 24 | $-30.0M | $1.9B | ||
| Q3 24 | $199.0M | $283.8M | ||
| Q2 24 | $159.0M | $195.3M | ||
| Q1 24 | $3.7B | $472.0M |
毛利率BALLXYZ
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 43.5% | ||
| Q2 25 | — | 41.9% | ||
| Q1 25 | — | 39.7% | ||
| Q4 24 | — | 38.3% | ||
| Q3 24 | 17.7% | 37.6% | ||
| Q2 24 | 16.5% | 36.3% | ||
| Q1 24 | 16.6% | 35.2% |
营业利润率BALLXYZ
| Q4 25 | 7.2% | 7.8% | ||
| Q3 25 | 11.6% | 6.7% | ||
| Q2 25 | 8.0% | 8.0% | ||
| Q1 25 | 7.4% | 5.7% | ||
| Q4 24 | 0.2% | 0.2% | ||
| Q3 24 | 7.4% | 5.4% | ||
| Q2 24 | 6.8% | 5.0% | ||
| Q1 24 | 6.8% | 4.2% |
净利率BALLXYZ
| Q4 25 | 6.0% | 1.9% | ||
| Q3 25 | 9.5% | 7.5% | ||
| Q2 25 | 6.4% | 8.9% | ||
| Q1 25 | 5.8% | 3.3% | ||
| Q4 24 | -1.0% | 32.3% | ||
| Q3 24 | 6.5% | 4.7% | ||
| Q2 24 | 5.4% | 3.2% | ||
| Q1 24 | 128.3% | 7.9% |
每股收益（稀释后）BALLXYZ
| Q4 25 | $0.73 | $0.19 | ||
| Q3 25 | $1.18 | $0.74 | ||
| Q2 25 | $0.76 | $0.87 | ||
| Q1 25 | $0.63 | $0.30 | ||
| Q4 24 | $0.23 | $3.06 | ||
| Q3 24 | $0.65 | $0.45 | ||
| Q2 24 | $0.51 | $0.31 | ||
| Q1 24 | $11.61 | $0.74 |
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 | $6.6B |
| 总债务越低越好 | $7.0B | — |
| 股东权益账面价值 | $5.4B | $22.2B |
| 总资产 | $19.5B | $39.5B |
| 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BALLXYZ
| Q4 25 | $1.2B | $6.6B | ||
| Q3 25 | $568.0M | $8.3B | ||
| Q2 25 | $296.0M | $6.4B | ||
| Q1 25 | $449.0M | $7.1B | ||
| Q4 24 | $885.0M | $8.1B | ||
| Q3 24 | $1.4B | $8.3B | ||
| Q2 24 | $1.3B | $7.8B | ||
| Q1 24 | $1.7B | $5.8B |
总债务BALLXYZ
| Q4 25 | $7.0B | — | ||
| Q3 25 | $6.9B | $7.3B | ||
| Q2 25 | $6.5B | $5.1B | ||
| Q1 25 | $6.1B | $5.1B | ||
| Q4 24 | $5.3B | $6.1B | ||
| Q3 24 | $5.4B | $6.1B | ||
| Q2 24 | $5.5B | $6.1B | ||
| Q1 24 | $5.5B | $4.1B |
股东权益BALLXYZ
| Q4 25 | $5.4B | $22.2B | ||
| Q3 25 | $5.4B | $22.5B | ||
| Q2 25 | $5.2B | $22.2B | ||
| Q1 25 | $5.5B | $21.5B | ||
| Q4 24 | $5.9B | $21.3B | ||
| Q3 24 | $6.7B | $19.9B | ||
| Q2 24 | $6.9B | $19.3B | ||
| Q1 24 | $7.3B | $19.0B |
总资产BALLXYZ
| Q4 25 | $19.5B | $39.5B | ||
| Q3 25 | $18.7B | $39.2B | ||
| Q2 25 | $18.6B | $36.9B | ||
| Q1 25 | $18.0B | $36.4B | ||
| Q4 24 | $17.6B | $36.8B | ||
| Q3 24 | $18.8B | $36.4B | ||
| Q2 24 | $19.0B | $37.5B | ||
| Q1 24 | $19.9B | $35.6B |
负债/权益比BALLXYZ
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.26× | 0.32× | ||
| Q2 25 | 1.24× | 0.23× | ||
| Q1 25 | 1.12× | 0.24× | ||
| Q4 24 | 0.91× | 0.29× | ||
| Q3 24 | 0.80× | 0.31× | ||
| Q2 24 | 0.80× | 0.32× | ||
| Q1 24 | 0.76× | 0.22× |
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 | $621.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $579.8M |
| 自由现金流率自由现金流/营收 | 31.1% | 9.3% |
| 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× | 5.36× |
| 过去12个月自由现金流最近4个季度 | $788.0M | $2.4B |
8季度趋势，按日历期对齐
经营现金流BALLXYZ
| Q4 25 | $1.2B | $621.0M | ||
| Q3 25 | $384.0M | $1.5B | ||
| Q2 25 | $332.0M | $374.3M | ||
| Q1 25 | $-665.0M | $133.3M | ||
| Q4 24 | $500.0M | $13.8M | ||
| Q3 24 | $610.0M | $684.8M | ||
| Q2 24 | $252.0M | $519.4M | ||
| Q1 24 | $-1.2B | $489.4M |
自由现金流BALLXYZ
| Q4 25 | $1.0B | $579.8M | ||
| Q3 25 | $257.0M | $1.4B | ||
| Q2 25 | $236.0M | $343.0M | ||
| Q1 25 | $-746.0M | $101.5M | ||
| Q4 24 | $393.0M | $-13.2M | ||
| Q3 24 | $493.0M | $628.2M | ||
| Q2 24 | $146.0M | $481.0M | ||
| Q1 24 | $-1.4B | $457.4M |
自由现金流率BALLXYZ
| Q4 25 | 31.1% | 9.3% | ||
| Q3 25 | 7.6% | 22.9% | ||
| Q2 25 | 7.1% | 5.7% | ||
| Q1 25 | -24.1% | 1.8% | ||
| Q4 24 | 13.6% | -0.2% | ||
| Q3 24 | 16.0% | 10.5% | ||
| Q2 24 | 4.9% | 7.8% | ||
| Q1 24 | -48.7% | 7.7% |
资本支出强度BALLXYZ
| Q4 25 | 5.1% | 0.7% | ||
| Q3 25 | 3.8% | 0.8% | ||
| Q2 25 | 2.9% | 0.5% | ||
| Q1 25 | 2.6% | 0.6% | ||
| Q4 24 | 3.7% | 0.4% | ||
| Q3 24 | 3.8% | 0.9% | ||
| Q2 24 | 3.6% | 0.6% | ||
| Q1 24 | 5.4% | 0.5% |
现金转化率BALLXYZ
| Q4 25 | 6.05× | 5.36× | ||
| Q3 25 | 1.20× | 3.14× | ||
| Q2 25 | 1.54× | 0.70× | ||
| Q1 25 | -3.72× | 0.70× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | 3.07× | 2.41× | ||
| Q2 24 | 1.58× | 2.66× | ||
| Q1 24 | -0.34× | 1.04× |
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% |
XYZ
| US | $5.7B | 91% |
| Non Us | $560.9M | 9% |
