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安达（CB）与林德（LIN）财务数据对比。点击上方公司名可切换其他公司
安达的季度营收约是林德的1.7倍（$15.1B vs $8.8B），安达净利率更高（21.3% vs 17.5%，领先3.8%），安达同比增速更快（6.3% vs 5.8%），过去两年安达的营收复合增速更高（8.1% vs 4.0%）
安达是注册地位于苏黎世的跨国保险集团，在纽约证券交易所上市，为标普500指数成分股。作为全球最大的上市财产及意外伤害保险公司，其业务涵盖财产险、意外险、健康险、再保险、寿险等领域，在全球55个国家和地区及伦敦劳合社市场运营。
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
CB vs LIN — 直观对比
营收规模更大
CB
是对方的1.7倍
$8.8B
营收增速更快
CB
高出0.5%
5.8%
净利率更高
CB
高出3.8%
17.5%
两年增速更快
CB
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $15.1B | $8.8B |
| 净利润 | $3.2B | $1.5B |
| 毛利率 | — | — |
| 营业利润率 | 25.0% | 23.0% |
| 净利率 | 21.3% | 17.5% |
| 营收同比 | 6.3% | 5.8% |
| 净利润同比 | 24.7% | -11.3% |
| 每股收益（稀释后） | $8.05 | $3.28 |
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CBLIN
| Q4 25 | $15.1B | $8.8B | ||
| Q3 25 | $16.1B | $8.6B | ||
| Q2 25 | $14.8B | $8.5B | ||
| Q1 25 | $13.4B | $8.1B | ||
| Q4 24 | $14.2B | $8.3B | ||
| Q3 24 | $14.8B | $8.4B | ||
| Q2 24 | $13.8B | $8.3B | ||
| Q1 24 | $12.9B | $8.1B |
净利润CBLIN
| Q4 25 | $3.2B | $1.5B | ||
| Q3 25 | $2.8B | $1.9B | ||
| Q2 25 | $3.0B | $1.8B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | $2.6B | $1.7B | ||
| Q3 24 | $2.3B | $1.6B | ||
| Q2 24 | $2.2B | $1.7B | ||
| Q1 24 | $2.1B | $1.6B |
营业利润率CBLIN
| Q4 25 | 25.0% | 23.0% | ||
| Q3 25 | 24.1% | 27.5% | ||
| Q2 25 | 25.0% | 27.7% | ||
| Q1 25 | 12.5% | 26.9% | ||
| Q4 24 | 22.0% | 27.4% | ||
| Q3 24 | 20.2% | 25.0% | ||
| Q2 24 | 19.6% | 26.4% | ||
| Q1 24 | 20.4% | 25.9% |
净利率CBLIN
| Q4 25 | 21.3% | 17.5% | ||
| Q3 25 | 17.3% | 22.4% | ||
| Q2 25 | 20.0% | 20.8% | ||
| Q1 25 | 10.0% | 20.6% | ||
| Q4 24 | 18.2% | 20.8% | ||
| Q3 24 | 15.7% | 18.5% | ||
| Q2 24 | 16.1% | 20.1% | ||
| Q1 24 | 16.6% | 20.1% |
每股收益（稀释后）CBLIN
| Q4 25 | $8.05 | $3.28 | ||
| Q3 25 | $6.99 | $4.09 | ||
| Q2 25 | $7.35 | $3.73 | ||
| Q1 25 | $3.29 | $3.51 | ||
| Q4 24 | $6.31 | $3.61 | ||
| Q3 24 | $5.70 | $3.22 | ||
| Q2 24 | $5.46 | $3.44 | ||
| Q1 24 | $5.23 | $3.35 |
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 | — | $5.1B |
| 总债务越低越好 | $15.7B | $20.7B |
| 股东权益账面价值 | $73.8B | $38.2B |
| 总资产 | $272.3B | $86.8B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资CBLIN
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $5.3B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $4.6B | ||
| Q1 24 | — | $4.8B |
总债务CBLIN
| Q4 25 | $15.7B | $20.7B | ||
| Q3 25 | $15.7B | $18.6B | ||
| Q2 25 | $13.5B | $19.7B | ||
| Q1 25 | $14.5B | $17.6B | ||
| Q4 24 | $14.4B | $15.3B | ||
| Q3 24 | $14.6B | $17.5B | ||
| Q2 24 | $13.2B | $16.9B | ||
| Q1 24 | $13.2B | $15.2B |
股东权益CBLIN
| Q4 25 | $73.8B | $38.2B | ||
| Q3 25 | $71.9B | $38.6B | ||
| Q2 25 | $69.4B | $38.5B | ||
| Q1 25 | $65.7B | $38.0B | ||
| Q4 24 | $64.0B | $38.1B | ||
| Q3 24 | $65.8B | $39.2B | ||
| Q2 24 | $61.0B | $38.2B | ||
| Q1 24 | $60.5B | $38.8B |
总资产CBLIN
| Q4 25 | $272.3B | $86.8B | ||
| Q3 25 | $270.2B | $86.0B | ||
| Q2 25 | $261.6B | $86.1B | ||
| Q1 25 | $251.8B | $82.7B | ||
| Q4 24 | $246.5B | $80.1B | ||
| Q3 24 | $250.6B | $82.5B | ||
| Q2 24 | $238.6B | $80.2B | ||
| Q1 24 | $234.9B | $80.3B |
负债/权益比CBLIN
| Q4 25 | 0.21× | 0.54× | ||
| Q3 25 | 0.22× | 0.48× | ||
| Q2 25 | 0.19× | 0.51× | ||
| Q1 25 | 0.22× | 0.46× | ||
| Q4 24 | 0.22× | 0.40× | ||
| Q3 24 | 0.22× | 0.45× | ||
| Q2 24 | 0.22× | 0.44× | ||
| Q1 24 | 0.22× | 0.39× |
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 | $4.1B | $3.0B |
| 自由现金流经营现金流 - 资本支出 | — | $1.6B |
| 自由现金流率自由现金流/营收 | — | 17.9% |
| 资本支出强度资本支出/营收 | — | 16.6% |
| 现金转化率经营现金流/净利润 | 1.26× | 1.98× |
| 过去12个月自由现金流最近4个季度 | — | $5.1B |
8季度趋势，按日历期对齐
经营现金流CBLIN
| Q4 25 | $4.1B | $3.0B | ||
| Q3 25 | $3.6B | $2.9B | ||
| Q2 25 | $3.6B | $2.2B | ||
| Q1 25 | $1.6B | $2.2B | ||
| Q4 24 | $4.6B | $2.8B | ||
| Q3 24 | $4.3B | $2.7B | ||
| Q2 24 | $4.1B | $1.9B | ||
| Q1 24 | $3.2B | $2.0B |
自由现金流CBLIN
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $954.0M | ||
| Q1 25 | — | $891.0M | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $796.0M | ||
| Q1 24 | — | $906.0M |
自由现金流率CBLIN
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | 11.0% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 9.6% | ||
| Q1 24 | — | 11.2% |
资本支出强度CBLIN
| Q4 25 | — | 16.6% | ||
| Q3 25 | — | 14.8% | ||
| Q2 25 | — | 14.8% | ||
| Q1 25 | — | 15.7% | ||
| Q4 24 | — | 15.1% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | 12.9% |
现金转化率CBLIN
| Q4 25 | 1.26× | 1.98× | ||
| Q3 25 | 1.30× | 1.53× | ||
| Q2 25 | 1.20× | 1.25× | ||
| Q1 25 | 1.18× | 1.29× | ||
| Q4 24 | 1.77× | 1.63× | ||
| Q3 24 | 1.86× | 1.76× | ||
| Q2 24 | 1.83× | 1.16× | ||
| Q1 24 | 1.50× | 1.20× |
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
CB
暂无分部数据
LIN
| Other | $4.9B | 56% |
| Packaged Gas | $1.6B | 19% |
| Merchant | $1.2B | 14% |
| On Site | $950.0M | 11% |
| Other Distribution Methods | $64.0M | 1% |
