vs
Blue Bird Corp（BLBD）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是Blue Bird Corp的18.1倍（$6.0B vs $333.1M）。3M净利率更高（10.8% vs 9.2%，领先1.6%）。Blue Bird Corp同比增速更快（6.1% vs 1.3%）。3M自由现金流更多（$2.0B vs $31.1M）。过去两年3M的营收复合增速更高（-1.8% vs -1.9%）
蓝鸟公司是美国知名客车制造企业，总部位于佐治亚州福特瓦利，主打产品为校车，同时业务覆盖多种客车类型的生产，包括城市公交、旅居房车，以及移动图书馆、流动警务指挥中心等特种车辆。
3M是美国知名跨国综合企业，业务覆盖工业、劳动者安全防护、消费品等多个领域，总部位于圣保罗郊区的枫木市。公司现有超6万款产品，涵盖胶粘剂、研磨材料、防火防护产品、个人防护装备、窗膜、车漆保护膜、电子连接绝缘材料、汽车养护产品、光学膜等品类。
BLBD vs MMM — 直观对比
营收规模更大
MMM
是对方的18.1倍
$333.1M
营收增速更快
BLBD
高出4.8%
1.3%
净利率更高
MMM
高出1.6%
9.2%
自由现金流更多
MMM
多$2.0B
$31.1M
两年增速更快
MMM
近两年复合增速
-1.9%
损益表 — Q1 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $333.1M | $6.0B |
| 净利润 | $30.8M | $653.0M |
| 毛利率 | 21.4% | 40.7% |
| 营业利润率 | 11.3% | 23.2% |
| 净利率 | 9.2% | 10.8% |
| 营收同比 | 6.1% | 1.3% |
| 净利润同比 | 7.1% | -41.5% |
| 每股收益（稀释后） | $0.94 | $1.23 |
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BLBDMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $333.1M | $6.1B | ||
| Q3 25 | $409.4M | $6.5B | ||
| Q2 25 | $398.0M | $6.3B | ||
| Q1 25 | $358.9M | $6.0B | ||
| Q4 24 | $313.9M | $6.0B | ||
| Q3 24 | $350.2M | $6.3B | ||
| Q2 24 | $333.4M | $6.3B |
净利润BLBDMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $30.8M | $577.0M | ||
| Q3 25 | $36.5M | $834.0M | ||
| Q2 25 | $36.5M | $723.0M | ||
| Q1 25 | $26.0M | $1.1B | ||
| Q4 24 | $28.7M | $728.0M | ||
| Q3 24 | $24.7M | $1.4B | ||
| Q2 24 | $28.7M | $1.1B |
毛利率BLBDMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 21.4% | 33.6% | ||
| Q3 25 | 21.1% | 41.8% | ||
| Q2 25 | 21.6% | 42.5% | ||
| Q1 25 | 19.7% | 41.6% | ||
| Q4 24 | 19.2% | 51.7% | ||
| Q3 24 | 17.0% | 42.1% | ||
| Q2 24 | 20.8% | 42.9% |
营业利润率BLBDMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 11.3% | 13.0% | ||
| Q3 25 | 12.3% | 22.2% | ||
| Q2 25 | 12.6% | 18.0% | ||
| Q1 25 | 9.4% | 20.9% | ||
| Q4 24 | 10.5% | 12.2% | ||
| Q3 24 | 7.3% | 20.9% | ||
| Q2 24 | 11.9% | 20.3% |
净利率BLBDMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 9.2% | 9.4% | ||
| Q3 25 | 8.9% | 12.8% | ||
| Q2 25 | 9.2% | 11.4% | ||
| Q1 25 | 7.3% | 18.7% | ||
| Q4 24 | 9.2% | 12.1% | ||
| Q3 24 | 7.0% | 21.8% | ||
| Q2 24 | 8.6% | 18.3% |
每股收益（稀释后）BLBDMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $0.94 | $1.07 | ||
| Q3 25 | $1.11 | $1.55 | ||
| Q2 25 | $1.12 | $1.34 | ||
| Q1 25 | $0.79 | $2.04 | ||
| Q4 24 | $0.86 | $1.33 | ||
| Q3 24 | $0.71 | $2.48 | ||
| Q2 24 | $0.85 | $2.07 |
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 | $241.7M | $3.7B |
| 总债务越低越好 | — | $10.9B |
| 股东权益账面价值 | $271.4M | $3.3B |
| 总资产 | $642.3M | $35.4B |
| 负债/权益比越低杠杆越低 | — | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资BLBDMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $241.7M | — | ||
| Q3 25 | $229.3M | — | ||
| Q2 25 | $173.1M | — | ||
| Q1 25 | $130.7M | — | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $127.7M | — | ||
| Q2 24 | $88.4M | — |
总债务BLBDMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | — | $12.6B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $13.1B | ||
| Q1 25 | — | $13.5B | ||
| Q4 24 | — | $13.0B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | $13.1B |
股东权益BLBDMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $271.4M | $4.7B | ||
| Q3 25 | $255.4M | $4.6B | ||
| Q2 25 | $221.8M | $4.3B | ||
| Q1 25 | $190.4M | $4.5B | ||
| Q4 24 | $179.7M | $3.8B | ||
| Q3 24 | $159.6M | $4.6B | ||
| Q2 24 | $137.3M | $3.9B |
总资产BLBDMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $642.3M | $37.7B | ||
| Q3 25 | $625.3M | $37.6B | ||
| Q2 25 | $575.5M | $38.0B | ||
| Q1 25 | $543.7M | $40.0B | ||
| Q4 24 | $535.2M | $39.9B | ||
| Q3 24 | $524.9M | $40.9B | ||
| Q2 24 | $468.1M | $43.4B |
负债/权益比BLBDMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | — | 2.68× | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 3.06× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | — | 3.40× | ||
| Q3 24 | — | 2.84× | ||
| Q2 24 | — | 3.34× |
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 | $36.6M | — |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $2.0B |
| 自由现金流率自由现金流/营收 | 9.3% | 33.6% |
| 资本支出强度资本支出/营收 | 1.6% | — |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | $162.6M | $3.7B |
8季度趋势，按日历期对齐
经营现金流BLBDMMM
| Q1 26 | — | — | ||
| Q4 25 | $36.6M | $1.6B | ||
| Q3 25 | $65.1M | $1.8B | ||
| Q2 25 | $56.9M | $-954.0M | ||
| Q1 25 | $27.8M | $-79.0M | ||
| Q4 24 | $26.4M | $1.8B | ||
| Q3 24 | $55.4M | $-1.8B | ||
| Q2 24 | $989.0K | $1.0B |
自由现金流BLBDMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $31.1M | $1.3B | ||
| Q3 25 | $60.5M | $1.5B | ||
| Q2 25 | $52.3M | $-1.2B | ||
| Q1 25 | $18.7M | $-315.0M | ||
| Q4 24 | $21.8M | $1.5B | ||
| Q3 24 | $50.2M | $-2.0B | ||
| Q2 24 | $-3.5M | $752.0M |
自由现金流率BLBDMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 9.3% | 21.8% | ||
| Q3 25 | 14.8% | 23.6% | ||
| Q2 25 | 13.1% | -18.3% | ||
| Q1 25 | 5.2% | -5.3% | ||
| Q4 24 | 7.0% | 25.4% | ||
| Q3 24 | 14.3% | -32.3% | ||
| Q2 24 | -1.1% | 12.0% |
资本支出强度BLBDMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 4.0% | ||
| Q3 25 | 1.1% | 3.3% | ||
| Q2 25 | 1.2% | 3.3% | ||
| Q1 25 | 2.5% | 4.0% | ||
| Q4 24 | 1.5% | 4.8% | ||
| Q3 24 | 1.5% | 3.9% | ||
| Q2 24 | 1.3% | 4.3% |
现金转化率BLBDMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.19× | 2.74× | ||
| Q3 25 | 1.78× | 2.11× | ||
| Q2 25 | 1.56× | -1.32× | ||
| Q1 25 | 1.07× | -0.07× | ||
| Q4 24 | 0.92× | 2.50× | ||
| Q3 24 | 2.24× | -1.30× | ||
| Q2 24 | 0.03× | 0.89× |
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
BLBD
| Alternative Fuel Buses | $151.4M | 45% |
| Diesel Buses | $144.9M | 43% |
| Parts | $24.8M | 7% |
| Other | $12.1M | 4% |
MMM
| Safety and Industrial business segment | $2.9B | 49% |
| Transportation and Electronics business segment | $1.8B | 31% |
| Consumer business segment | $1.1B | 19% |
| Corporate | $121.0M | 2% |
