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BRUNSWICK CORP（BC）与Veralto（VLTO）财务数据对比。点击上方公司名可切换其他公司
Veralto的季度营收约是BRUNSWICK CORP的1.0倍（$1.4B vs $1.4B），Veralto净利率更高（17.0% vs 1.5%，领先15.5%），BRUNSWICK CORP同比增速更快（17.3% vs 4.4%），Veralto自由现金流更多（$258.0M vs $-116.8M），过去两年Veralto的营收复合增速更高（5.8% vs -2.3%）
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。
Veralto是总部位于美国马萨诸塞州沃尔瑟姆的科技企业，核心业务覆盖水分析、水处理、标识喷码、包装及色彩管理相关产品的研发与生产，面向全球多领域客户提供适配的技术产品及配套服务。
BC vs VLTO — 直观对比
营收规模更大
VLTO
是对方的1.0倍
$1.4B
营收增速更快
BC
高出12.9%
4.4%
净利率更高
VLTO
高出15.5%
1.5%
自由现金流更多
VLTO
多$374.8M
$-116.8M
两年增速更快
VLTO
近两年复合增速
-2.3%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $21.0M | $239.0M |
| 毛利率 | 24.9% | 60.1% |
| 营业利润率 | 3.6% | 23.2% |
| 净利率 | 1.5% | 17.0% |
| 营收同比 | 17.3% | 4.4% |
| 净利润同比 | — | 5.3% |
| 每股收益（稀释后） | $0.32 | $0.95 |
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BCVLTO
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B |
净利润BCVLTO
| Q1 26 | $21.0M | — | ||
| Q4 25 | $18.7M | $239.0M | ||
| Q3 25 | $-235.5M | $222.0M | ||
| Q2 25 | $59.3M | $225.0M | ||
| Q1 25 | $20.2M | — | ||
| Q4 24 | $-82.5M | $227.0M | ||
| Q3 24 | $44.6M | $219.0M | ||
| Q2 24 | $100.0M | $203.0M |
毛利率BCVLTO
| Q1 26 | 24.9% | — | ||
| Q4 25 | 23.1% | 60.1% | ||
| Q3 25 | 25.8% | 60.0% | ||
| Q2 25 | 25.5% | 60.4% | ||
| Q1 25 | 24.9% | — | ||
| Q4 24 | 21.9% | 59.6% | ||
| Q3 24 | 26.2% | 59.6% | ||
| Q2 24 | 27.1% | 60.1% |
营业利润率BCVLTO
| Q1 26 | 3.6% | — | ||
| Q4 25 | 3.1% | 23.2% | ||
| Q3 25 | -17.8% | 22.8% | ||
| Q2 25 | 7.1% | 24.2% | ||
| Q1 25 | 4.6% | — | ||
| Q4 24 | -4.8% | 22.9% | ||
| Q3 24 | 7.7% | 23.4% | ||
| Q2 24 | 11.0% | 23.2% |
净利率BCVLTO
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.4% | 17.0% | ||
| Q3 25 | -17.3% | 16.2% | ||
| Q2 25 | 4.1% | 16.9% | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | -7.1% | 16.9% | ||
| Q3 24 | 3.5% | 16.7% | ||
| Q2 24 | 6.9% | 15.8% |
每股收益（稀释后）BCVLTO
| Q1 26 | $0.32 | — | ||
| Q4 25 | $0.32 | $0.95 | ||
| Q3 25 | $-3.59 | $0.89 | ||
| Q2 25 | $0.89 | $0.90 | ||
| Q1 25 | $0.30 | — | ||
| Q4 24 | $-1.21 | $0.91 | ||
| Q3 24 | $0.67 | $0.88 | ||
| Q2 24 | $1.48 | $0.81 |
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 | $277.8M | $1.8B |
| 总债务越低越好 | $490.2M | $2.7B |
| 股东权益账面价值 | $1.6B | $2.8B |
| 总资产 | $5.5B | $7.4B |
| 负债/权益比越低杠杆越低 | 0.31× | 0.94× |
8季度趋势，按日历期对齐
现金及短期投资BCVLTO
| Q1 26 | $277.8M | — | ||
| Q4 25 | $256.8M | $1.8B | ||
| Q3 25 | $297.7M | $1.6B | ||
| Q2 25 | $315.7M | $1.2B | ||
| Q1 25 | $286.7M | — | ||
| Q4 24 | $269.0M | $1.1B | ||
| Q3 24 | $284.1M | $1.3B | ||
| Q2 24 | $494.5M | $1.0B |
总债务BCVLTO
| Q1 26 | $490.2M | — | ||
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.6B |
股东权益BCVLTO
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $2.8B | ||
| Q3 25 | $1.6B | $2.7B | ||
| Q2 25 | $1.9B | $2.3B | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | $2.0B | ||
| Q3 24 | $2.0B | $2.0B | ||
| Q2 24 | $2.0B | $1.7B |
总资产BCVLTO
| Q1 26 | $5.5B | — | ||
| Q4 25 | $5.3B | $7.4B | ||
| Q3 25 | $5.4B | $7.2B | ||
| Q2 25 | $5.8B | $6.6B | ||
| Q1 25 | $5.9B | — | ||
| Q4 24 | $5.7B | $6.4B | ||
| Q3 24 | $6.0B | $6.3B | ||
| Q2 24 | $6.4B | $5.9B |
负债/权益比BCVLTO
| Q1 26 | 0.31× | — | ||
| Q4 25 | 1.30× | 0.94× | ||
| Q3 25 | — | 1.01× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | 1.28× | ||
| Q3 24 | — | 1.35× | ||
| Q2 24 | — | 1.57× |
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 | — | $270.0M |
| 自由现金流经营现金流 - 资本支出 | $-116.8M | $258.0M |
| 自由现金流率自由现金流/营收 | -8.5% | 18.4% |
| 资本支出强度资本支出/营收 | 4.2% | 0.9% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $344.6M | $986.0M |
8季度趋势，按日历期对齐
经营现金流BCVLTO
| Q1 26 | — | — | ||
| Q4 25 | $132.9M | $270.0M | ||
| Q3 25 | $140.4M | $339.0M | ||
| Q2 25 | $316.2M | $157.0M | ||
| Q1 25 | $-27.4M | — | ||
| Q4 24 | $306.4M | $285.0M | ||
| Q3 24 | $67.4M | $224.0M | ||
| Q2 24 | $211.0M | $251.0M |
自由现金流BCVLTO
| Q1 26 | $-116.8M | — | ||
| Q4 25 | $83.6M | $258.0M | ||
| Q3 25 | $106.5M | $323.0M | ||
| Q2 25 | $271.3M | $142.0M | ||
| Q1 25 | $-65.1M | — | ||
| Q4 24 | $276.1M | $263.0M | ||
| Q3 24 | $31.4M | $215.0M | ||
| Q2 24 | $163.9M | $240.0M |
自由现金流率BCVLTO
| Q1 26 | -8.5% | — | ||
| Q4 25 | 6.3% | 18.4% | ||
| Q3 25 | 7.8% | 23.6% | ||
| Q2 25 | 18.7% | 10.7% | ||
| Q1 25 | -5.3% | — | ||
| Q4 24 | 23.9% | 19.6% | ||
| Q3 24 | 2.5% | 16.4% | ||
| Q2 24 | 11.4% | 18.6% |
资本支出强度BCVLTO
| Q1 26 | 4.2% | — | ||
| Q4 25 | 3.7% | 0.9% | ||
| Q3 25 | 2.5% | 1.2% | ||
| Q2 25 | 3.1% | 1.1% | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 2.6% | 1.6% | ||
| Q3 24 | 2.8% | 0.7% | ||
| Q2 24 | 3.3% | 0.9% |
现金转化率BCVLTO
| Q1 26 | — | — | ||
| Q4 25 | 7.11× | 1.13× | ||
| Q3 25 | — | 1.53× | ||
| Q2 25 | 5.33× | 0.70× | ||
| Q1 25 | -1.36× | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | 1.51× | 1.02× | ||
| Q2 24 | 2.11× | 1.24× |
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
暂无分部数据
VLTO
| Product Quality And Innovation Segment | $548.0M | 39% |
| Revenuefrom Contractwith Customer Measurement Recurring | $521.0M | 37% |
| Revenuefrom Contractwith Customer Measurement Nonrecurring | $335.0M | 24% |
