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CHECK POINT SOFTWARE TECHNOLOGIES LTD（CHKP）与PVH CORP.（PVH）财务数据对比。点击上方公司名可切换其他公司
PVH CORP.的季度营收约是CHECK POINT SOFTWARE TECHNOLOGIES LTD的1.2倍（$2.3B vs $2.0B），CHECK POINT SOFTWARE TECHNOLOGIES LTD净利率更高（38.0% vs 0.2%，领先37.8%），CHECK POINT SOFTWARE TECHNOLOGIES LTD自由现金流更多（$895.5M vs $-85.1M）
Check Point软件技术有限公司是以色列知名网络安全企业，业务覆盖全球60余个国家，总部位于以色列特拉维夫，在美国加利福尼亚州红木城设有重要运营据点。公司为全球超过10万家机构提供安全防护，旗下拥有专业安全研究团队，同时是世界经济论坛的合作伙伴。
PVH集团是源自美国的知名服饰企业，前身为Phillips-Van Heusen公司，旗下拥有Tommy Hilfiger、Calvin Klein等标志性时尚品牌，同时还获得Kenneth Cole New York、Michael Kors等品牌的授权经营许可，在全球服饰消费市场拥有广泛影响力。
CHKP vs PVH — 直观对比
营收规模更大
PVH
是对方的1.2倍
$2.0B
净利率更高
CHKP
高出37.8%
0.2%
自由现金流更多
CHKP
多$980.6M
$-85.1M
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.3B |
| 净利润 | $752.4M | $4.2M |
| 毛利率 | 86.7% | 56.3% |
| 营业利润率 | 30.2% | 7.9% |
| 净利率 | 38.0% | 0.2% |
| 营收同比 | — | 1.7% |
| 净利润同比 | — | -96.8% |
| 每股收益（稀释后） | $6.81 | $0.09 |
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CHKPPVH
| Q4 25 | — | $2.3B | ||
| Q3 25 | $2.0B | $2.2B | ||
| Q2 25 | — | $2.0B |
净利润CHKPPVH
| Q4 25 | — | $4.2M | ||
| Q3 25 | $752.4M | $224.2M | ||
| Q2 25 | — | $-44.8M |
毛利率CHKPPVH
| Q4 25 | — | 56.3% | ||
| Q3 25 | 86.7% | 57.7% | ||
| Q2 25 | — | 58.6% |
营业利润率CHKPPVH
| Q4 25 | — | 7.9% | ||
| Q3 25 | 30.2% | 6.1% | ||
| Q2 25 | — | -16.7% |
净利率CHKPPVH
| Q4 25 | — | 0.2% | ||
| Q3 25 | 38.0% | 10.3% | ||
| Q2 25 | — | -2.3% |
每股收益（稀释后）CHKPPVH
| Q4 25 | — | $0.09 | ||
| Q3 25 | $6.81 | $4.63 | ||
| Q2 25 | — | $-0.88 |
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 | $619.9M | $158.2M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $3.1B | $4.9B |
| 总资产 | $5.7B | $11.4B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资CHKPPVH
| Q4 25 | — | $158.2M | ||
| Q3 25 | $619.9M | $248.8M | ||
| Q2 25 | — | $191.0M |
总债务CHKPPVH
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.2B |
股东权益CHKPPVH
| Q4 25 | — | $4.9B | ||
| Q3 25 | $3.1B | $4.9B | ||
| Q2 25 | — | $4.6B |
总资产CHKPPVH
| Q4 25 | — | $11.4B | ||
| Q3 25 | $5.7B | $11.6B | ||
| Q2 25 | — | $10.7B |
负债/权益比CHKPPVH
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.48× |
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 | $914.9M | $-44.5M |
| 自由现金流经营现金流 - 资本支出 | $895.5M | $-85.1M |
| 自由现金流率自由现金流/营收 | 45.2% | -3.7% |
| 资本支出强度资本支出/营收 | 1.0% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.22× | -10.60× |
| 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CHKPPVH
| Q4 25 | — | $-44.5M | ||
| Q3 25 | $914.9M | $213.1M | ||
| Q2 25 | — | $-71.4M |
自由现金流CHKPPVH
| Q4 25 | — | $-85.1M | ||
| Q3 25 | $895.5M | $181.9M | ||
| Q2 25 | — | $-98.1M |
自由现金流率CHKPPVH
| Q4 25 | — | -3.7% | ||
| Q3 25 | 45.2% | 8.4% | ||
| Q2 25 | — | -4.9% |
资本支出强度CHKPPVH
| Q4 25 | — | 1.8% | ||
| Q3 25 | 1.0% | 1.4% | ||
| Q2 25 | — | 1.3% |
现金转化率CHKPPVH
| Q4 25 | — | -10.60× | ||
| Q3 25 | 1.22× | 0.95× | ||
| Q2 25 | — | — |
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
CHKP
| Security subscriptions | $812.0M | 41% |
| Software updates and maintenance | $712.0M | 36% |
| Products and licenses | $337.3M | 17% |
| Other | $119.2M | 6% |
PVH
| Sales Channel Salesto Wholesale Customers | $1.0B | 44% |
| Sales Channel Sales To Owned And Operated Retail Customers | $868.0M | 38% |
| Sales Channel Sales To Owned And Operated Digital Retail Customers | $186.6M | 8% |
| Licensing | $99.5M | 4% |
| Other | $75.8M | 3% |
| Heritage Brands | $51.3M | 2% |
