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Church & Dwight（CHD）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Church & Dwight的季度营收约是Sunrun Inc.的1.4倍（$1.6B vs $1.2B），Sunrun Inc.净利率更高（8.9% vs 8.7%，领先0.2%），Sunrun Inc.同比增速更快（123.5% vs 3.9%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 4.6%）
Church & Dwight是美国知名消费品企业，成立于1847年，总部位于新泽西州尤因。公司主营个人护理、家居用品及特色产品，旗下拥有Arm & Hammer、Trojan、OxiClean等知名品牌，2022年全年营收达54亿美元。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
CHD vs RUN — 直观对比
营收规模更大
CHD
是对方的1.4倍
$1.2B
营收增速更快
RUN
高出119.6%
3.9%
净利率更高
RUN
高出0.2%
8.7%
两年增速更快
RUN
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.2B |
| 净利润 | $143.5M | $103.6M |
| 毛利率 | 45.8% | — |
| 营业利润率 | 16.2% | 8.4% |
| 净利率 | 8.7% | 8.9% |
| 营收同比 | 3.9% | 123.5% |
| 净利润同比 | -24.2% | 103.7% |
| 每股收益（稀释后） | $0.60 | $0.38 |
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CHDRUN
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.6B | $724.6M | ||
| Q2 25 | $1.5B | $569.3M | ||
| Q1 25 | $1.5B | $504.3M | ||
| Q4 24 | $1.6B | $518.5M | ||
| Q3 24 | $1.5B | $537.2M | ||
| Q2 24 | $1.5B | $523.9M | ||
| Q1 24 | $1.5B | $458.2M |
净利润CHDRUN
| Q4 25 | $143.5M | $103.6M | ||
| Q3 25 | $182.2M | $16.6M | ||
| Q2 25 | $191.0M | $279.8M | ||
| Q1 25 | $220.1M | $50.0M | ||
| Q4 24 | $189.2M | $-2.8B | ||
| Q3 24 | $-75.1M | $-83.8M | ||
| Q2 24 | $243.5M | $139.1M | ||
| Q1 24 | $227.7M | $-87.8M |
毛利率CHDRUN
| Q4 25 | 45.8% | — | ||
| Q3 25 | 45.1% | — | ||
| Q2 25 | 43.0% | — | ||
| Q1 25 | 45.0% | — | ||
| Q4 24 | 44.7% | — | ||
| Q3 24 | 45.2% | — | ||
| Q2 24 | 47.1% | — | ||
| Q1 24 | 45.7% | — |
营业利润率CHDRUN
| Q4 25 | 16.2% | 8.4% | ||
| Q3 25 | 16.1% | 0.5% | ||
| Q2 25 | 17.4% | -19.7% | ||
| Q1 25 | 20.1% | -22.8% | ||
| Q4 24 | 16.2% | -628.0% | ||
| Q3 24 | -6.1% | -23.8% | ||
| Q2 24 | 22.3% | -24.4% | ||
| Q1 24 | 20.3% | -40.0% |
净利率CHDRUN
| Q4 25 | 8.7% | 8.9% | ||
| Q3 25 | 11.5% | 2.3% | ||
| Q2 25 | 12.7% | 49.1% | ||
| Q1 25 | 15.0% | 9.9% | ||
| Q4 24 | 12.0% | -542.7% | ||
| Q3 24 | -5.0% | -15.6% | ||
| Q2 24 | 16.1% | 26.5% | ||
| Q1 24 | 15.1% | -19.2% |
每股收益（稀释后）CHDRUN
| Q4 25 | $0.60 | $0.38 | ||
| Q3 25 | $0.75 | $0.06 | ||
| Q2 25 | $0.78 | $1.07 | ||
| Q1 25 | $0.89 | $0.20 | ||
| Q4 24 | $0.76 | $-12.59 | ||
| Q3 24 | $-0.31 | $-0.37 | ||
| Q2 24 | $0.99 | $0.55 | ||
| Q1 24 | $0.93 | $-0.40 |
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 | $409.0M | — |
| 总债务越低越好 | $2.2B | $14.7B |
| 股东权益账面价值 | $4.0B | $3.1B |
| 总资产 | $8.9B | $22.6B |
| 负债/权益比越低杠杆越低 | 0.55× | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资CHDRUN
| Q4 25 | $409.0M | — | ||
| Q3 25 | $305.3M | — | ||
| Q2 25 | $923.2M | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $964.1M | — | ||
| Q3 24 | $752.1M | — | ||
| Q2 24 | $491.7M | — | ||
| Q1 24 | $349.7M | — |
总债务CHDRUN
| Q4 25 | $2.2B | $14.7B | ||
| Q3 25 | $2.2B | $14.6B | ||
| Q2 25 | $2.2B | $14.0B | ||
| Q1 25 | $2.2B | $13.6B | ||
| Q4 24 | $2.2B | $12.9B | ||
| Q3 24 | $2.2B | $12.5B | ||
| Q2 24 | $2.2B | $12.0B | ||
| Q1 24 | $2.2B | $11.1B |
股东权益CHDRUN
| Q4 25 | $4.0B | $3.1B | ||
| Q3 25 | $4.2B | $3.0B | ||
| Q2 25 | $4.4B | $2.9B | ||
| Q1 25 | $4.6B | $2.6B | ||
| Q4 24 | $4.4B | $2.6B | ||
| Q3 24 | $4.2B | $5.3B | ||
| Q2 24 | $4.3B | $5.4B | ||
| Q1 24 | $4.1B | $5.2B |
总资产CHDRUN
| Q4 25 | $8.9B | $22.6B | ||
| Q3 25 | $9.1B | $22.2B | ||
| Q2 25 | $8.8B | $21.2B | ||
| Q1 25 | $9.0B | $20.4B | ||
| Q4 24 | $8.9B | $19.9B | ||
| Q3 24 | $8.7B | $22.1B | ||
| Q2 24 | $8.8B | $21.4B | ||
| Q1 24 | $8.6B | $20.8B |
负债/权益比CHDRUN
| Q4 25 | 0.55× | 4.69× | ||
| Q3 25 | 0.52× | 4.90× | ||
| Q2 25 | 0.50× | 4.80× | ||
| Q1 25 | 0.48× | 5.19× | ||
| Q4 24 | 0.51× | 5.05× | ||
| Q3 24 | 0.53× | 2.36× | ||
| Q2 24 | 0.51× | 2.23× | ||
| Q1 24 | 0.54× | 2.15× |
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 | — | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 3.4% | — |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CHDRUN
| Q4 25 | — | $96.9M | ||
| Q3 25 | — | $-121.5M | ||
| Q2 25 | — | $-292.7M | ||
| Q1 25 | — | $-104.2M | ||
| Q4 24 | $292.3M | $-258.4M | ||
| Q3 24 | $364.0M | $-156.2M | ||
| Q2 24 | $236.9M | $-208.5M | ||
| Q1 24 | $263.0M | $-143.1M |
自由现金流CHDRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $237.7M | — | ||
| Q3 24 | $315.4M | $-156.4M | ||
| Q2 24 | $206.6M | — | ||
| Q1 24 | $216.7M | — |
自由现金流率CHDRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 20.9% | -29.1% | ||
| Q2 24 | 13.7% | — | ||
| Q1 24 | 14.4% | — |
资本支出强度CHDRUN
| Q4 25 | 3.4% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 3.2% | 0.0% | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 3.1% | — |
现金转化率CHDRUN
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | -7.33× | ||
| Q2 25 | — | -1.05× | ||
| Q1 25 | — | -2.08× | ||
| Q4 24 | 1.54× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.97× | -1.50× | ||
| Q1 24 | 1.16× | — |
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
CHD
| Household Products | $645.3M | 39% |
| Personal Care Products | $625.9M | 38% |
| Consumer International | $299.8M | 18% |
| Specialty Products Division | $73.2M | 4% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
