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BRUNSWICK CORP（BC）与POWER SOLUTIONS INTERNATIONAL, INC.（PSIX）财务数据对比。点击上方公司名可切换其他公司
BRUNSWICK CORP的季度营收约是POWER SOLUTIONS INTERNATIONAL, INC.的7.0倍（$1.3B vs $191.2M）。POWER SOLUTIONS INTERNATIONAL, INC.净利率更高（8.4% vs 1.4%，领先7.0%）。POWER SOLUTIONS INTERNATIONAL, INC.同比增速更快（32.5% vs 15.5%）。BRUNSWICK CORP自由现金流更多（$83.6M vs $-7.6M）。过去两年POWER SOLUTIONS INTERNATIONAL, INC.的营收复合增速更高（41.7% vs -1.1%）
美国Brunswick公司创立于1845年，专注于多品类产品的研发、生产与营销，旗下拥有知名海事品牌水星海事（Mercury Marine）等多个品牌。目前集团在24个国家拥有超1.3万名员工，2024年销售额达52亿美元，全球总部位于伊利诺伊州芝加哥北郊的梅塔瓦。
阿达尼能源解决方案有限公司（前身为阿达尼输电有限公司）是一家电力输配企业，总部位于艾哈迈达巴德。截至2025年4月，公司累计输电网络总长26696回路公里，是印度规模最大的民营输电企业之一。
BC vs PSIX — 直观对比
营收规模更大
BC
是对方的7.0倍
$191.2M
营收增速更快
PSIX
高出17.0%
15.5%
净利率更高
PSIX
高出7.0%
1.4%
自由现金流更多
BC
多$91.2M
$-7.6M
两年增速更快
PSIX
近两年复合增速
-1.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $191.2M |
| 净利润 | $18.7M | $16.1M |
| 毛利率 | 23.1% | 21.9% |
| 营业利润率 | 3.1% | 12.7% |
| 净利率 | 1.4% | 8.4% |
| 营收同比 | 15.5% | 32.5% |
| 净利润同比 | 122.7% | -31.0% |
| 每股收益（稀释后） | $0.32 | $0.69 |
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BCPSIX
| Q4 25 | $1.3B | $191.2M | ||
| Q3 25 | $1.4B | $203.8M | ||
| Q2 25 | $1.4B | $191.9M | ||
| Q1 25 | $1.2B | $135.4M | ||
| Q4 24 | $1.2B | $144.3M | ||
| Q3 24 | $1.3B | $125.8M | ||
| Q2 24 | $1.4B | $110.6M | ||
| Q1 24 | $1.4B | $95.2M |
净利润BCPSIX
| Q4 25 | $18.7M | $16.1M | ||
| Q3 25 | $-235.5M | $27.6M | ||
| Q2 25 | $59.3M | $51.2M | ||
| Q1 25 | $20.2M | $19.1M | ||
| Q4 24 | $-82.5M | $23.3M | ||
| Q3 24 | $44.6M | $17.3M | ||
| Q2 24 | $100.0M | $21.5M | ||
| Q1 24 | $68.0M | $7.1M |
毛利率BCPSIX
| Q4 25 | 23.1% | 21.9% | ||
| Q3 25 | 25.8% | 23.9% | ||
| Q2 25 | 25.5% | 28.2% | ||
| Q1 25 | 24.9% | 29.7% | ||
| Q4 24 | 21.9% | 29.9% | ||
| Q3 24 | 26.2% | 28.9% | ||
| Q2 24 | 27.1% | 31.8% | ||
| Q1 24 | 27.4% | 27.0% |
营业利润率BCPSIX
| Q4 25 | 3.1% | 12.7% | ||
| Q3 25 | -17.8% | 13.9% | ||
| Q2 25 | 7.1% | 16.9% | ||
| Q1 25 | 4.6% | 18.2% | ||
| Q4 24 | -4.8% | 17.5% | ||
| Q3 24 | 7.7% | 16.3% | ||
| Q2 24 | 11.0% | 22.9% | ||
| Q1 24 | 8.1% | 11.2% |
净利率BCPSIX
| Q4 25 | 1.4% | 8.4% | ||
| Q3 25 | -17.3% | 13.5% | ||
| Q2 25 | 4.1% | 26.7% | ||
| Q1 25 | 1.7% | 14.1% | ||
| Q4 24 | -7.1% | 16.1% | ||
| Q3 24 | 3.5% | 13.8% | ||
| Q2 24 | 6.9% | 19.5% | ||
| Q1 24 | 5.0% | 7.5% |
每股收益（稀释后）BCPSIX
| Q4 25 | $0.32 | $0.69 | ||
| Q3 25 | $-3.59 | $1.20 | ||
| Q2 25 | $0.89 | $2.22 | ||
| Q1 25 | $0.30 | $0.83 | ||
| Q4 24 | $-1.21 | $1.01 | ||
| Q3 24 | $0.67 | $0.75 | ||
| Q2 24 | $1.48 | $0.94 | ||
| Q1 24 | $0.99 | $0.31 |
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 | $256.8M | $41.3M |
| 总债务越低越好 | $2.1B | $96.6M |
| 股东权益账面价值 | $1.6B | $178.6M |
| 总资产 | $5.3B | $424.7M |
| 负债/权益比越低杠杆越低 | 1.30× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资BCPSIX
| Q4 25 | $256.8M | $41.3M | ||
| Q3 25 | $297.7M | $49.0M | ||
| Q2 25 | $315.7M | $49.5M | ||
| Q1 25 | $286.7M | $50.0M | ||
| Q4 24 | $269.0M | $55.3M | ||
| Q3 24 | $284.1M | $40.5M | ||
| Q2 24 | $494.5M | $28.8M | ||
| Q1 24 | $548.4M | $33.1M |
总债务BCPSIX
| Q4 25 | $2.1B | $96.6M | ||
| Q3 25 | — | $96.7M | ||
| Q2 25 | — | $1.8M | ||
| Q1 25 | — | $1.0M | ||
| Q4 24 | $2.4B | $184.0K | ||
| Q3 24 | — | $238.0K | ||
| Q2 24 | — | $292.0K | ||
| Q1 24 | — | $345.0K |
股东权益BCPSIX
| Q4 25 | $1.6B | $178.6M | ||
| Q3 25 | $1.6B | $162.5M | ||
| Q2 25 | $1.9B | $135.7M | ||
| Q1 25 | $1.9B | $84.3M | ||
| Q4 24 | $1.9B | $65.3M | ||
| Q3 24 | $2.0B | $42.1M | ||
| Q2 24 | $2.0B | $24.8M | ||
| Q1 24 | $2.0B | $3.2M |
总资产BCPSIX
| Q4 25 | $5.3B | $424.7M | ||
| Q3 25 | $5.4B | $458.9M | ||
| Q2 25 | $5.8B | $437.7M | ||
| Q1 25 | $5.9B | $372.7M | ||
| Q4 24 | $5.7B | $328.2M | ||
| Q3 24 | $6.0B | $339.1M | ||
| Q2 24 | $6.4B | $307.6M | ||
| Q1 24 | $6.5B | $286.8M |
负债/权益比BCPSIX
| Q4 25 | 1.30× | 0.54× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | 1.25× | 0.00× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | 0.11× |
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 | $132.9M | $-4.6M |
| 自由现金流经营现金流 - 资本支出 | $83.6M | $-7.6M |
| 自由现金流率自由现金流/营收 | 6.3% | -4.0% |
| 资本支出强度资本支出/营收 | 3.7% | 1.6% |
| 现金转化率经营现金流/净利润 | 7.11× | -0.29× |
| 过去12个月自由现金流最近4个季度 | $396.3M | $14.1M |
8季度趋势，按日历期对齐
经营现金流BCPSIX
| Q4 25 | $132.9M | $-4.6M | ||
| Q3 25 | $140.4M | $3.3M | ||
| Q2 25 | $316.2M | $16.7M | ||
| Q1 25 | $-27.4M | $8.8M | ||
| Q4 24 | $306.4M | $32.7M | ||
| Q3 24 | $67.4M | $12.6M | ||
| Q2 24 | $211.0M | $1.5M | ||
| Q1 24 | $-153.4M | $15.6M |
自由现金流BCPSIX
| Q4 25 | $83.6M | $-7.6M | ||
| Q3 25 | $106.5M | $1.7M | ||
| Q2 25 | $271.3M | $14.6M | ||
| Q1 25 | $-65.1M | $5.4M | ||
| Q4 24 | $276.1M | $30.0M | ||
| Q3 24 | $31.4M | $12.1M | ||
| Q2 24 | $163.9M | $822.0K | ||
| Q1 24 | $-207.4M | $14.8M |
自由现金流率BCPSIX
| Q4 25 | 6.3% | -4.0% | ||
| Q3 25 | 7.8% | 0.8% | ||
| Q2 25 | 18.7% | 7.6% | ||
| Q1 25 | -5.3% | 4.0% | ||
| Q4 24 | 23.9% | 20.8% | ||
| Q3 24 | 2.5% | 9.7% | ||
| Q2 24 | 11.4% | 0.7% | ||
| Q1 24 | -15.2% | 15.6% |
资本支出强度BCPSIX
| Q4 25 | 3.7% | 1.6% | ||
| Q3 25 | 2.5% | 0.8% | ||
| Q2 25 | 3.1% | 1.1% | ||
| Q1 25 | 3.1% | 2.5% | ||
| Q4 24 | 2.6% | 1.8% | ||
| Q3 24 | 2.8% | 0.3% | ||
| Q2 24 | 3.3% | 0.6% | ||
| Q1 24 | 4.0% | 0.9% |
现金转化率BCPSIX
| Q4 25 | 7.11× | -0.29× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | 5.33× | 0.33× | ||
| Q1 25 | -1.36× | 0.46× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | 1.51× | 0.73× | ||
| Q2 24 | 2.11× | 0.07× | ||
| Q1 24 | -2.26× | 2.20× |
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
BC
| Engine Partsand Accessories | $532.4M | 40% |
| Navico Group | $452.9M | 34% |
| Recreational Fiberglass Boats | $111.6M | 8% |
| Saltwater Fishing Boats | $85.7M | 6% |
| Controls Riggingand Propellers | $78.3M | 6% |
| Business Acceleration | $48.1M | 4% |
| Sterndrive Engine | $32.6M | 2% |
PSIX
| Energy End Market | $153.4M | 80% |
| Industrial End Market | $33.3M | 17% |
| Transportation End Market | $4.6M | 2% |
