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百通（BDC）与科睿唯安（CLVT）财务数据对比。点击上方公司名可切换其他公司
百通的季度营收约是科睿唯安的1.2倍（$720.1M vs $617.0M），百通净利率更高（9.4% vs 0.5%，领先8.9%），百通同比增速更快（8.1% vs -6.9%），百通自由现金流更多（$121.3M vs $89.2M），过去两年百通的营收复合增速更高（15.9% vs -0.3%）
百通公司是美国上市跨国企业，专注于端到端网络、安全及连接产品的设计、生产与销售，业务覆盖工业自动化解决方案、智能建筑、宽带及5G三大核心领域，为各行业客户提供可靠的通信连接相关产品与服务。
科睿唯安是一家英美合资的上市分析服务企业，主要提供订阅制信息服务，覆盖文献计量、科学计量、商业与市场情报领域，同时为医药、生物科技行业提供专利、监管合规相关的竞争分析，也提供商标保护、域名与品牌保护服务，旗下Web of Science产品系列还负责计算学术期刊的影响因子。
BDC vs CLVT — 直观对比
营收规模更大
BDC
是对方的1.2倍
$617.0M
营收增速更快
BDC
高出15.1%
-6.9%
净利率更高
BDC
高出8.9%
0.5%
自由现金流更多
BDC
多$32.0M
$89.2M
两年增速更快
BDC
近两年复合增速
-0.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $720.1M | $617.0M |
| 净利润 | $67.9M | $3.1M |
| 毛利率 | 36.6% | 66.8% |
| 营业利润率 | 12.2% | 6.7% |
| 净利率 | 9.4% | 0.5% |
| 营收同比 | 8.1% | -6.9% |
| 净利润同比 | 16.3% | 101.6% |
| 每股收益（稀释后） | $1.70 | $0.00 |
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BDCCLVT
| Q4 25 | $720.1M | $617.0M | ||
| Q3 25 | $698.2M | $623.1M | ||
| Q2 25 | $672.0M | $621.4M | ||
| Q1 25 | $624.9M | $593.7M | ||
| Q4 24 | $666.0M | $663.0M | ||
| Q3 24 | $654.9M | $622.2M | ||
| Q2 24 | $604.3M | $650.3M | ||
| Q1 24 | $535.7M | $621.2M |
净利润BDCCLVT
| Q4 25 | $67.9M | $3.1M | ||
| Q3 25 | $56.7M | $-28.3M | ||
| Q2 25 | $61.0M | $-72.0M | ||
| Q1 25 | $51.9M | $-103.9M | ||
| Q4 24 | $58.4M | $-191.8M | ||
| Q3 24 | $53.7M | $-65.6M | ||
| Q2 24 | $49.0M | $-304.3M | ||
| Q1 24 | $37.3M | $-75.0M |
毛利率BDCCLVT
| Q4 25 | 36.6% | 66.8% | ||
| Q3 25 | 37.7% | 65.0% | ||
| Q2 25 | 38.5% | 67.2% | ||
| Q1 25 | 39.3% | 65.1% | ||
| Q4 24 | 37.5% | 65.7% | ||
| Q3 24 | 37.3% | 66.2% | ||
| Q2 24 | 37.5% | 67.2% | ||
| Q1 24 | 37.6% | 64.9% |
营业利润率BDCCLVT
| Q4 25 | 12.2% | 6.7% | ||
| Q3 25 | 10.9% | 7.1% | ||
| Q2 25 | 11.8% | 1.1% | ||
| Q1 25 | 11.6% | -3.5% | ||
| Q4 24 | 10.4% | -9.4% | ||
| Q3 24 | 11.5% | 3.5% | ||
| Q2 24 | 11.4% | -36.9% | ||
| Q1 24 | 9.9% | 0.8% |
净利率BDCCLVT
| Q4 25 | 9.4% | 0.5% | ||
| Q3 25 | 8.1% | -4.5% | ||
| Q2 25 | 9.1% | -11.6% | ||
| Q1 25 | 8.3% | -17.5% | ||
| Q4 24 | 8.8% | -28.9% | ||
| Q3 24 | 8.2% | -10.5% | ||
| Q2 24 | 8.1% | -46.8% | ||
| Q1 24 | 7.0% | -12.1% |
每股收益（稀释后）BDCCLVT
| Q4 25 | $1.70 | $0.00 | ||
| Q3 25 | $1.41 | $-0.04 | ||
| Q2 25 | $1.53 | $-0.11 | ||
| Q1 25 | $1.27 | $-0.15 | ||
| Q4 24 | $1.41 | $-0.27 | ||
| Q3 24 | $1.30 | $-0.09 | ||
| Q2 24 | $1.19 | $-0.46 | ||
| Q1 24 | $0.90 | $-0.14 |
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 | $389.9M | $329.2M |
| 总债务越低越好 | — | $4.3B |
| 股东权益账面价值 | $1.3B | $4.8B |
| 总资产 | $3.5B | $11.1B |
| 负债/权益比越低杠杆越低 | — | 0.89× |
8季度趋势，按日历期对齐
现金及短期投资BDCCLVT
| Q4 25 | $389.9M | $329.2M | ||
| Q3 25 | $314.3M | $318.7M | ||
| Q2 25 | $301.5M | $362.6M | ||
| Q1 25 | $259.0M | $354.0M | ||
| Q4 24 | $370.3M | $295.2M | ||
| Q3 24 | $323.0M | $388.5M | ||
| Q2 24 | $564.8M | $376.4M | ||
| Q1 24 | $506.8M | $361.8M |
总债务BDCCLVT
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $4.4B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $4.6B | ||
| Q1 24 | — | $4.6B |
股东权益BDCCLVT
| Q4 25 | $1.3B | $4.8B | ||
| Q3 25 | $1.2B | $4.9B | ||
| Q2 25 | $1.2B | $5.0B | ||
| Q1 25 | $1.2B | $5.0B | ||
| Q4 24 | $1.3B | $5.1B | ||
| Q3 24 | $1.2B | $5.5B | ||
| Q2 24 | $1.2B | $5.6B | ||
| Q1 24 | $1.2B | $5.9B |
总资产BDCCLVT
| Q4 25 | $3.5B | $11.1B | ||
| Q3 25 | $3.4B | $11.2B | ||
| Q2 25 | $3.4B | $11.4B | ||
| Q1 25 | $3.3B | $11.5B | ||
| Q4 24 | $3.3B | $11.5B | ||
| Q3 24 | $3.3B | $12.0B | ||
| Q2 24 | $3.5B | $12.1B | ||
| Q1 24 | $3.1B | $12.5B |
负债/权益比BDCCLVT
| Q4 25 | — | 0.89× | ||
| Q3 25 | — | 0.90× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.83× | ||
| Q1 24 | — | 0.79× |
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 | $160.4M | $159.9M |
| 自由现金流经营现金流 - 资本支出 | $121.3M | $89.2M |
| 自由现金流率自由现金流/营收 | 16.8% | 14.5% |
| 资本支出强度资本支出/营收 | 5.4% | 11.5% |
| 现金转化率经营现金流/净利润 | 2.36× | 51.58× |
| 过去12个月自由现金流最近4个季度 | $218.7M | $365.3M |
8季度趋势，按日历期对齐
经营现金流BDCCLVT
| Q4 25 | $160.4M | $159.9M | ||
| Q3 25 | $105.0M | $181.1M | ||
| Q2 25 | $82.0M | $116.3M | ||
| Q1 25 | $7.4M | $171.2M | ||
| Q4 24 | $174.7M | $141.3M | ||
| Q3 24 | $91.7M | $202.9M | ||
| Q2 24 | $83.0M | $126.2M | ||
| Q1 24 | $2.7M | $176.2M |
自由现金流BDCCLVT
| Q4 25 | $121.3M | $89.2M | ||
| Q3 25 | $65.3M | $115.5M | ||
| Q2 25 | $56.9M | $50.3M | ||
| Q1 25 | $-24.8M | $110.3M | ||
| Q4 24 | $116.4M | $59.1M | ||
| Q3 24 | $67.2M | $126.3M | ||
| Q2 24 | $61.0M | $60.3M | ||
| Q1 24 | $-21.5M | $111.8M |
自由现金流率BDCCLVT
| Q4 25 | 16.8% | 14.5% | ||
| Q3 25 | 9.4% | 18.5% | ||
| Q2 25 | 8.5% | 8.1% | ||
| Q1 25 | -4.0% | 18.6% | ||
| Q4 24 | 17.5% | 8.9% | ||
| Q3 24 | 10.3% | 20.3% | ||
| Q2 24 | 10.1% | 9.3% | ||
| Q1 24 | -4.0% | 18.0% |
资本支出强度BDCCLVT
| Q4 25 | 5.4% | 11.5% | ||
| Q3 25 | 5.7% | 10.5% | ||
| Q2 25 | 3.7% | 10.6% | ||
| Q1 25 | 5.2% | 10.3% | ||
| Q4 24 | 8.8% | 12.4% | ||
| Q3 24 | 3.7% | 12.3% | ||
| Q2 24 | 3.6% | 10.1% | ||
| Q1 24 | 4.5% | 10.4% |
现金转化率BDCCLVT
| Q4 25 | 2.36× | 51.58× | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 0.07× | — |
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
BDC
| Automation Solutions Segment | $397.7M | 55% |
| Broadband Solutions | $164.8M | 23% |
| Smart Buildings Solutions | $157.7M | 22% |
CLVT
| Academia Government Group | $312.3M | 51% |
| Re Occurring Revenues | $114.1M | 18% |
| Life Sciences And Healthcare Group | $98.3M | 16% |
| Transactional Revenues | $97.1M | 16% |
