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BRUNSWICK CORP（BC）与捷迈邦美（ZBH）财务数据对比。点击上方公司名可切换其他公司
捷迈邦美的季度营收约是BRUNSWICK CORP的1.6倍（$2.1B vs $1.3B），捷迈邦美净利率更高（11.4% vs 1.4%，领先10.0%），BRUNSWICK CORP同比增速更快（15.5% vs 9.3%），捷迈邦美自由现金流更多（$245.9M vs $83.6M），过去两年捷迈邦美的营收复合增速更高（3.7% 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。
捷迈邦美是一家美国上市的医疗设备企业，1927年成立，最初以生产铝制夹板为核心业务，总部设于印第安纳州华沙市，是当地医疗设备产业集群的核心成员，在全球骨科医疗器械领域拥有较高知名度。
BC vs ZBH — 直观对比
营收规模更大
ZBH
是对方的1.6倍
$1.3B
营收增速更快
BC
高出6.2%
9.3%
净利率更高
ZBH
高出10.0%
1.4%
自由现金流更多
ZBH
多$162.3M
$83.6M
两年增速更快
ZBH
近两年复合增速
-1.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.1B |
| 净利润 | $18.7M | $238.3M |
| 毛利率 | 23.1% | 64.6% |
| 营业利润率 | 3.1% | 17.9% |
| 净利率 | 1.4% | 11.4% |
| 营收同比 | 15.5% | 9.3% |
| 净利润同比 | 122.7% | 30.5% |
| 每股收益（稀释后） | $0.32 | $1.22 |
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BCZBH
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.3B | $2.2B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $2.1B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.2B | $2.0B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B |
净利润BCZBH
| Q1 26 | — | $238.3M | ||
| Q4 25 | $18.7M | $139.4M | ||
| Q3 25 | $-235.5M | $230.9M | ||
| Q2 25 | $59.3M | $152.8M | ||
| Q1 25 | $20.2M | $182.0M | ||
| Q4 24 | $-82.5M | $239.5M | ||
| Q3 24 | $44.6M | $249.1M | ||
| Q2 24 | $100.0M | $242.8M |
毛利率BCZBH
| Q1 26 | — | 64.6% | ||
| Q4 25 | 23.1% | 64.7% | ||
| Q3 25 | 25.8% | 72.1% | ||
| Q2 25 | 25.5% | 71.5% | ||
| Q1 25 | 24.9% | 71.2% | ||
| Q4 24 | 21.9% | 71.0% | ||
| Q3 24 | 26.2% | 70.5% | ||
| Q2 24 | 27.1% | 71.5% |
营业利润率BCZBH
| Q1 26 | — | 17.9% | ||
| Q4 25 | 3.1% | 6.9% | ||
| Q3 25 | -17.8% | 17.6% | ||
| Q2 25 | 7.1% | 14.4% | ||
| Q1 25 | 4.6% | 15.3% | ||
| Q4 24 | -4.8% | 19.2% | ||
| Q3 24 | 7.7% | 15.3% | ||
| Q2 24 | 11.0% | 18.1% |
净利率BCZBH
| Q1 26 | — | 11.4% | ||
| Q4 25 | 1.4% | 6.2% | ||
| Q3 25 | -17.3% | 11.5% | ||
| Q2 25 | 4.1% | 7.4% | ||
| Q1 25 | 1.7% | 9.5% | ||
| Q4 24 | -7.1% | 11.8% | ||
| Q3 24 | 3.5% | 13.7% | ||
| Q2 24 | 6.9% | 12.5% |
每股收益（稀释后）BCZBH
| Q1 26 | — | $1.22 | ||
| Q4 25 | $0.32 | $0.71 | ||
| Q3 25 | $-3.59 | $1.16 | ||
| Q2 25 | $0.89 | $0.77 | ||
| Q1 25 | $0.30 | $0.91 | ||
| Q4 24 | $-1.21 | $1.18 | ||
| Q3 24 | $0.67 | $1.23 | ||
| Q2 24 | $1.48 | $1.18 |
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 | $424.2M |
| 总债务越低越好 | $2.1B | $7.5B |
| 股东权益账面价值 | $1.6B | $12.7B |
| 总资产 | $5.3B | $22.7B |
| 负债/权益比越低杠杆越低 | 1.30× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资BCZBH
| Q1 26 | — | $424.2M | ||
| Q4 25 | $256.8M | $591.9M | ||
| Q3 25 | $297.7M | $1.3B | ||
| Q2 25 | $315.7M | $556.9M | ||
| Q1 25 | $286.7M | $1.4B | ||
| Q4 24 | $269.0M | $525.5M | ||
| Q3 24 | $284.1M | $569.0M | ||
| Q2 24 | $494.5M | $420.1M |
总债务BCZBH
| Q1 26 | — | $7.5B | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BCZBH
| Q1 26 | — | $12.7B | ||
| Q4 25 | $1.6B | $12.7B | ||
| Q3 25 | $1.6B | $12.8B | ||
| Q2 25 | $1.9B | $12.5B | ||
| Q1 25 | $1.9B | $12.4B | ||
| Q4 24 | $1.9B | $12.5B | ||
| Q3 24 | $2.0B | $12.4B | ||
| Q2 24 | $2.0B | $12.7B |
总资产BCZBH
| Q1 26 | — | $22.7B | ||
| Q4 25 | $5.3B | $23.1B | ||
| Q3 25 | $5.4B | $23.5B | ||
| Q2 25 | $5.8B | $22.9B | ||
| Q1 25 | $5.9B | $22.2B | ||
| Q4 24 | $5.7B | $21.4B | ||
| Q3 24 | $6.0B | $21.7B | ||
| Q2 24 | $6.4B | $21.5B |
负债/权益比BCZBH
| Q1 26 | — | 0.59× | ||
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $359.4M |
| 自由现金流经营现金流 - 资本支出 | $83.6M | $245.9M |
| 自由现金流率自由现金流/营收 | 6.3% | 11.8% |
| 资本支出强度资本支出/营收 | 3.7% | — |
| 现金转化率经营现金流/净利润 | 7.11× | 1.51× |
| 过去12个月自由现金流最近4个季度 | $396.3M | $1.4B |
8季度趋势，按日历期对齐
经营现金流BCZBH
| Q1 26 | — | $359.4M | ||
| Q4 25 | $132.9M | $517.4M | ||
| Q3 25 | $140.4M | $418.7M | ||
| Q2 25 | $316.2M | $378.2M | ||
| Q1 25 | $-27.4M | $382.8M | ||
| Q4 24 | $306.4M | $506.3M | ||
| Q3 24 | $67.4M | $395.7M | ||
| Q2 24 | $211.0M | $369.4M |
自由现金流BCZBH
| Q1 26 | — | $245.9M | ||
| Q4 25 | $83.6M | $442.6M | ||
| Q3 25 | $106.5M | $363.7M | ||
| Q2 25 | $271.3M | $328.1M | ||
| Q1 25 | $-65.1M | $338.2M | ||
| Q4 24 | $276.1M | $454.8M | ||
| Q3 24 | $31.4M | $351.2M | ||
| Q2 24 | $163.9M | $316.7M |
自由现金流率BCZBH
| Q1 26 | — | 11.8% | ||
| Q4 25 | 6.3% | 19.7% | ||
| Q3 25 | 7.8% | 18.2% | ||
| Q2 25 | 18.7% | 15.8% | ||
| Q1 25 | -5.3% | 17.7% | ||
| Q4 24 | 23.9% | 22.5% | ||
| Q3 24 | 2.5% | 19.3% | ||
| Q2 24 | 11.4% | 16.3% |
资本支出强度BCZBH
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 3.3% | ||
| Q3 25 | 2.5% | 2.7% | ||
| Q2 25 | 3.1% | 2.4% | ||
| Q1 25 | 3.1% | 2.3% | ||
| Q4 24 | 2.6% | 2.5% | ||
| Q3 24 | 2.8% | 2.4% | ||
| Q2 24 | 3.3% | 2.7% |
现金转化率BCZBH
| Q1 26 | — | 1.51× | ||
| Q4 25 | 7.11× | 3.71× | ||
| Q3 25 | — | 1.81× | ||
| Q2 25 | 5.33× | 2.48× | ||
| Q1 25 | -1.36× | 2.10× | ||
| Q4 24 | — | 2.11× | ||
| Q3 24 | 1.51× | 1.59× | ||
| Q2 24 | 2.11× | 1.52× |
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
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% |
ZBH
暂无分部数据
