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CLEVELAND-CLIFFS INC.（CLF）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
CLEVELAND-CLIFFS INC.的季度营收约是史丹利百得的1.1倍（$4.3B vs $3.8B），史丹利百得净利率更高（1.4% vs -5.6%，领先7.0%），史丹利百得同比增速更快（0.1% vs -0.3%），史丹利百得自由现金流更多（$155.3M vs $-153.0M），过去两年史丹利百得的营收复合增速更高（0.3% vs -8.9%）
克利夫兰-克利夫斯公司是总部位于美国俄亥俄州克利夫兰的钢铁制造商，业务覆盖铁矿石开采、选矿、造球及钢铁冶炼，包含冲压与模具制造，是美国第二大钢铁生产商、北美最大扁钢生产商，位列财富500强第221位、福布斯全球2000强第1511位。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
CLF vs SWK — 直观对比
营收规模更大
CLF
是对方的1.1倍
$3.8B
营收增速更快
SWK
高出0.4%
-0.3%
净利率更高
SWK
高出7.0%
-5.6%
自由现金流更多
SWK
多$308.3M
$-153.0M
两年增速更快
SWK
近两年复合增速
-8.9%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $3.8B |
| 净利润 | $-241.0M | $51.4M |
| 毛利率 | -5.0% | 31.4% |
| 营业利润率 | -7.9% | — |
| 净利率 | -5.6% | 1.4% |
| 营收同比 | -0.3% | 0.1% |
| 净利润同比 | 46.1% | -43.6% |
| 每股收益（稀释后） | — | $0.34 |
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CLFSWK
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.7B | $3.8B | ||
| Q2 25 | $4.9B | $3.9B | ||
| Q1 25 | $4.6B | $3.7B | ||
| Q4 24 | $4.3B | $3.7B | ||
| Q3 24 | $4.6B | $3.8B | ||
| Q2 24 | $5.1B | $4.0B | ||
| Q1 24 | $5.2B | $3.9B |
净利润CLFSWK
| Q4 25 | $-241.0M | — | ||
| Q3 25 | $-251.0M | $51.4M | ||
| Q2 25 | $-470.0M | $101.9M | ||
| Q1 25 | $-483.0M | $90.4M | ||
| Q4 24 | $-447.0M | $194.9M | ||
| Q3 24 | $-242.0M | $91.1M | ||
| Q2 24 | $2.0M | $-11.2M | ||
| Q1 24 | $-67.0M | $19.5M |
毛利率CLFSWK
| Q4 25 | -5.0% | — | ||
| Q3 25 | -1.0% | 31.4% | ||
| Q2 25 | -4.2% | 27.0% | ||
| Q1 25 | -8.4% | 29.9% | ||
| Q4 24 | -6.3% | 30.8% | ||
| Q3 24 | -2.3% | 29.9% | ||
| Q2 24 | 3.2% | 28.4% | ||
| Q1 24 | 5.5% | 28.6% |
营业利润率CLFSWK
| Q4 25 | -7.9% | — | ||
| Q3 25 | -4.3% | — | ||
| Q2 25 | -10.1% | — | ||
| Q1 25 | -11.6% | — | ||
| Q4 24 | -10.8% | 3.4% | ||
| Q3 24 | -5.7% | 10.6% | ||
| Q2 24 | 0.1% | 9.5% | ||
| Q1 24 | -0.7% | 8.3% |
净利率CLFSWK
| Q4 25 | -5.6% | — | ||
| Q3 25 | -5.3% | 1.4% | ||
| Q2 25 | -9.5% | 2.6% | ||
| Q1 25 | -10.4% | 2.4% | ||
| Q4 24 | -10.3% | 5.2% | ||
| Q3 24 | -5.3% | 2.4% | ||
| Q2 24 | 0.0% | -0.3% | ||
| Q1 24 | -1.3% | 0.5% |
每股收益（稀释后）CLFSWK
| Q4 25 | — | — | ||
| Q3 25 | $-0.51 | $0.34 | ||
| Q2 25 | — | $0.67 | ||
| Q1 25 | — | $0.60 | ||
| Q4 24 | $-0.91 | $1.29 | ||
| Q3 24 | $-0.52 | $0.60 | ||
| Q2 24 | $0.00 | $-0.07 | ||
| Q1 24 | $-0.14 | $0.13 |
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 | $57.0M | $268.3M |
| 总债务越低越好 | $7.3B | $5.3B |
| 股东权益账面价值 | $6.1B | $9.0B |
| 总资产 | $20.0B | $21.8B |
| 负债/权益比越低杠杆越低 | 1.19× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资CLFSWK
| Q4 25 | $57.0M | — | ||
| Q3 25 | $66.0M | $268.3M | ||
| Q2 25 | $61.0M | $311.8M | ||
| Q1 25 | $57.0M | $344.8M | ||
| Q4 24 | $54.0M | $290.5M | ||
| Q3 24 | $39.0M | $298.7M | ||
| Q2 24 | $110.0M | $318.5M | ||
| Q1 24 | $30.0M | $476.6M |
总债务CLFSWK
| Q4 25 | $7.3B | — | ||
| Q3 25 | $8.0B | $5.3B | ||
| Q2 25 | $7.7B | $5.6B | ||
| Q1 25 | $7.6B | $5.6B | ||
| Q4 24 | $7.1B | $6.1B | ||
| Q3 24 | $3.8B | $6.1B | ||
| Q2 24 | $3.5B | $6.1B | ||
| Q1 24 | $3.7B | $6.1B |
股东权益CLFSWK
| Q4 25 | $6.1B | — | ||
| Q3 25 | $5.5B | $9.0B | ||
| Q2 25 | $5.8B | $9.1B | ||
| Q1 25 | $6.3B | $8.8B | ||
| Q4 24 | $6.7B | $8.7B | ||
| Q3 24 | $6.9B | $8.9B | ||
| Q2 24 | $7.1B | $8.7B | ||
| Q1 24 | $7.2B | $8.9B |
总资产CLFSWK
| Q4 25 | $20.0B | — | ||
| Q3 25 | $20.3B | $21.8B | ||
| Q2 25 | $20.5B | $22.5B | ||
| Q1 25 | $20.8B | $22.5B | ||
| Q4 24 | $20.9B | $21.8B | ||
| Q3 24 | $16.8B | $22.5B | ||
| Q2 24 | $16.9B | $22.5B | ||
| Q1 24 | $17.2B | $23.9B |
负债/权益比CLFSWK
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.47× | 0.59× | ||
| Q2 25 | 1.33× | 0.62× | ||
| Q1 25 | 1.22× | 0.63× | ||
| Q4 24 | 1.06× | 0.70× | ||
| Q3 24 | 0.55× | 0.69× | ||
| Q2 24 | 0.49× | 0.70× | ||
| Q1 24 | 0.51× | 0.69× |
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 | $-13.0M | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $-153.0M | $155.3M |
| 自由现金流率自由现金流/营收 | -3.5% | 4.1% |
| 资本支出强度资本支出/营收 | 3.2% | 1.8% |
| 现金转化率经营现金流/净利润 | — | 4.30× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $369.6M |
8季度趋势，按日历期对齐
经营现金流CLFSWK
| Q4 25 | $-13.0M | — | ||
| Q3 25 | $-143.0M | $221.2M | ||
| Q2 25 | $45.0M | $214.3M | ||
| Q1 25 | $-351.0M | $-420.0M | ||
| Q4 24 | $-472.0M | $679.1M | ||
| Q3 24 | $-84.0M | $285.8M | ||
| Q2 24 | $519.0M | $573.0M | ||
| Q1 24 | $142.0M | $-431.0M |
自由现金流CLFSWK
| Q4 25 | $-153.0M | — | ||
| Q3 25 | $-300.0M | $155.3M | ||
| Q2 25 | $-67.0M | $134.7M | ||
| Q1 25 | $-503.0M | $-485.0M | ||
| Q4 24 | $-677.0M | $564.6M | ||
| Q3 24 | $-235.0M | $199.3M | ||
| Q2 24 | $362.0M | $485.8M | ||
| Q1 24 | $-40.0M | $-496.7M |
自由现金流率CLFSWK
| Q4 25 | -3.5% | — | ||
| Q3 25 | -6.3% | 4.1% | ||
| Q2 25 | -1.4% | 3.4% | ||
| Q1 25 | -10.9% | -13.0% | ||
| Q4 24 | -15.7% | 15.2% | ||
| Q3 24 | -5.1% | 5.3% | ||
| Q2 24 | 7.1% | 12.1% | ||
| Q1 24 | -0.8% | -12.8% |
资本支出强度CLFSWK
| Q4 25 | 3.2% | — | ||
| Q3 25 | 3.3% | 1.8% | ||
| Q2 25 | 2.3% | 2.0% | ||
| Q1 25 | 3.3% | 1.7% | ||
| Q4 24 | 4.7% | 3.1% | ||
| Q3 24 | 3.3% | 2.3% | ||
| Q2 24 | 3.1% | 2.2% | ||
| Q1 24 | 3.5% | 1.7% |
现金转化率CLFSWK
| Q4 25 | — | — | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 2.10× | ||
| Q1 25 | — | -4.65× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | — | 3.14× | ||
| Q2 24 | 259.50× | — | ||
| Q1 24 | — | -22.10× |
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
CLF
| Hot Rolled Steel | $1.1B | 27% |
| Automotive | $1.1B | 27% |
| Steel Producers | $555.0M | 13% |
| Cold Rolled Steel | $530.0M | 12% |
| Other | $409.0M | 9% |
| Stainless And Electrical Steel | $404.0M | 9% |
| Other Businesses | $159.0M | 4% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
