vs
雪佛龙（CVX）与WORLD KINECT CORP（WKC）财务数据对比。点击上方公司名可切换其他公司
雪佛龙的季度营收约是WORLD KINECT CORP的4.7倍（$45.8B vs $9.7B）。雪佛龙净利率更高（6.0% vs -0.0%，领先6.1%）。WORLD KINECT CORP同比增速更快（2.0% vs -5.3%）。雪佛龙自由现金流更多（$5.5B vs $-60.2M）。过去两年雪佛龙的营收复合增速更高（-0.9% vs -6.0%）
雪佛龙是美国知名跨国能源企业，主营业务为石油和天然气相关业务，是标准石油拆分后的第二大直系子公司，前身为加利福尼亚标准石油公司，目前业务布局覆盖全球超过180个国家，在全球能源市场占据重要地位。
世界科耐特公司（原世界燃料服务公司）是一家总部位于美国佛罗里达州多拉市的能源大宗商品服务企业，在2022年财富美国500强榜单中排名第70位。公司核心业务涵盖航空、海运、建筑及陆路运输领域能源大宗商品的销售、交易与融资及相关服务，2013年起也开展天然气与电力相关业务。
CVX vs WKC — 直观对比
营收规模更大
CVX
是对方的4.7倍
$9.7B
营收增速更快
WKC
高出7.3%
-5.3%
净利率更高
CVX
高出6.1%
-0.0%
自由现金流更多
CVX
多$5.6B
$-60.2M
两年增速更快
CVX
近两年复合增速
-6.0%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $45.8B | $9.7B |
| 净利润 | $2.8B | $-700.0K |
| 毛利率 | 44.6% | 2.8% |
| 营业利润率 | 10.0% | — |
| 净利率 | 6.0% | -0.0% |
| 营收同比 | -5.3% | 2.0% |
| 净利润同比 | -14.5% | -250.0% |
| 每股收益（稀释后） | $1.36 | $0.50 |
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CVXWKC
| Q1 26 | — | $9.7B | ||
| Q4 25 | $45.8B | $9.0B | ||
| Q3 25 | $48.2B | $9.4B | ||
| Q2 25 | $44.4B | $9.0B | ||
| Q1 25 | $46.1B | $9.5B | ||
| Q4 24 | $48.3B | $9.8B | ||
| Q3 24 | $48.9B | $10.5B | ||
| Q2 24 | $49.6B | $11.0B |
净利润CVXWKC
| Q1 26 | — | $-700.0K | ||
| Q4 25 | $2.8B | $-279.6M | ||
| Q3 25 | $3.5B | $25.7M | ||
| Q2 25 | $2.5B | $-339.4M | ||
| Q1 25 | $3.5B | $-21.1M | ||
| Q4 24 | $3.2B | $-101.8M | ||
| Q3 24 | $4.5B | $33.5M | ||
| Q2 24 | $4.4B | $108.3M |
毛利率CVXWKC
| Q1 26 | — | 2.8% | ||
| Q4 25 | 44.6% | 2.6% | ||
| Q3 25 | 43.1% | 2.7% | ||
| Q2 25 | 39.5% | 2.6% | ||
| Q1 25 | 37.9% | 2.4% | ||
| Q4 24 | 37.6% | 2.7% | ||
| Q3 24 | 37.8% | 2.6% | ||
| Q2 24 | 37.7% | 2.2% |
营业利润率CVXWKC
| Q1 26 | — | — | ||
| Q4 25 | 10.0% | -3.1% | ||
| Q3 25 | 11.2% | 0.7% | ||
| Q2 25 | 9.3% | -3.8% | ||
| Q1 25 | 12.1% | -0.1% | ||
| Q4 24 | 12.5% | 0.3% | ||
| Q3 24 | 13.3% | 0.7% | ||
| Q2 24 | 14.2% | 0.4% |
净利率CVXWKC
| Q1 26 | — | -0.0% | ||
| Q4 25 | 6.0% | -3.1% | ||
| Q3 25 | 7.3% | 0.3% | ||
| Q2 25 | 5.6% | -3.8% | ||
| Q1 25 | 7.6% | -0.2% | ||
| Q4 24 | 6.7% | -1.0% | ||
| Q3 24 | 9.2% | 0.3% | ||
| Q2 24 | 8.9% | 1.0% |
每股收益（稀释后）CVXWKC
| Q1 26 | — | $0.50 | ||
| Q4 25 | $1.36 | $-5.02 | ||
| Q3 25 | $1.82 | $0.46 | ||
| Q2 25 | $1.45 | $-6.06 | ||
| Q1 25 | $2.00 | $-0.37 | ||
| Q4 24 | $1.84 | $-1.70 | ||
| Q3 24 | $2.48 | $0.57 | ||
| Q2 24 | $2.43 | $1.81 |
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 | — | $151.1M |
| 总债务越低越好 | $39.8B | $798.7M |
| 股东权益账面价值 | $186.4B | $1.2B |
| 总资产 | $324.0B | $6.8B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资CVXWKC
| Q1 26 | — | $151.1M | ||
| Q4 25 | — | $193.5M | ||
| Q3 25 | — | $473.6M | ||
| Q2 25 | — | $403.2M | ||
| Q1 25 | — | $456.4M | ||
| Q4 24 | — | $382.9M | ||
| Q3 24 | — | $373.8M | ||
| Q2 24 | $4.0B | $524.6M |
总债务CVXWKC
| Q1 26 | — | $798.7M | ||
| Q4 25 | $39.8B | $685.2M | ||
| Q3 25 | — | $766.6M | ||
| Q2 25 | — | $775.2M | ||
| Q1 25 | — | $792.3M | ||
| Q4 24 | $20.1B | $796.8M | ||
| Q3 24 | — | $798.0M | ||
| Q2 24 | — | $797.8M |
股东权益CVXWKC
| Q1 26 | — | $1.2B | ||
| Q4 25 | $186.4B | $1.3B | ||
| Q3 25 | $189.8B | $1.6B | ||
| Q2 25 | $146.4B | $1.6B | ||
| Q1 25 | $149.2B | $1.9B | ||
| Q4 24 | $152.3B | $1.9B | ||
| Q3 24 | $156.2B | $2.0B | ||
| Q2 24 | $159.2B | $2.0B |
总资产CVXWKC
| Q1 26 | — | $6.8B | ||
| Q4 25 | $324.0B | $5.9B | ||
| Q3 25 | $326.5B | $6.1B | ||
| Q2 25 | $250.8B | $6.1B | ||
| Q1 25 | $256.4B | $6.6B | ||
| Q4 24 | $256.9B | $6.7B | ||
| Q3 24 | $259.2B | $7.0B | ||
| Q2 24 | $260.6B | $7.2B |
负债/权益比CVXWKC
| Q1 26 | — | 0.66× | ||
| Q4 25 | 0.21× | 0.53× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | 0.13× | 0.41× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 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 | $10.8B | — |
| 自由现金流经营现金流 - 资本支出 | $5.5B | $-60.2M |
| 自由现金流率自由现金流/营收 | 12.1% | -0.6% |
| 资本支出强度资本支出/营收 | 11.5% | 0.1% |
| 现金转化率经营现金流/净利润 | 3.89× | — |
| 过去12个月自由现金流最近4个季度 | $16.6B | $67.9M |
8季度趋势，按日历期对齐
经营现金流CVXWKC
| Q1 26 | — | — | ||
| Q4 25 | $10.8B | $34.2M | ||
| Q3 25 | $9.4B | $116.1M | ||
| Q2 25 | $8.6B | $28.2M | ||
| Q1 25 | $5.2B | $114.4M | ||
| Q4 24 | $8.7B | $120.3M | ||
| Q3 24 | $9.7B | $-38.5M | ||
| Q2 24 | $6.3B | $67.9M |
自由现金流CVXWKC
| Q1 26 | — | $-60.2M | ||
| Q4 25 | $5.5B | $12.9M | ||
| Q3 25 | $4.9B | $102.0M | ||
| Q2 25 | $4.9B | $13.2M | ||
| Q1 25 | $1.3B | $99.2M | ||
| Q4 24 | $4.4B | $102.4M | ||
| Q3 24 | $5.6B | $-56.7M | ||
| Q2 24 | $2.3B | $53.3M |
自由现金流率CVXWKC
| Q1 26 | — | -0.6% | ||
| Q4 25 | 12.1% | 0.1% | ||
| Q3 25 | 10.3% | 1.1% | ||
| Q2 25 | 11.0% | 0.1% | ||
| Q1 25 | 2.7% | 1.0% | ||
| Q4 24 | 9.0% | 1.0% | ||
| Q3 24 | 11.5% | -0.5% | ||
| Q2 24 | 4.7% | 0.5% |
资本支出强度CVXWKC
| Q1 26 | — | 0.1% | ||
| Q4 25 | 11.5% | 0.2% | ||
| Q3 25 | 9.2% | 0.2% | ||
| Q2 25 | 8.4% | 0.2% | ||
| Q1 25 | 8.5% | 0.2% | ||
| Q4 24 | 9.0% | 0.2% | ||
| Q3 24 | 8.3% | 0.2% | ||
| Q2 24 | 8.0% | 0.1% |
现金转化率CVXWKC
| Q1 26 | — | — | ||
| Q4 25 | 3.89× | — | ||
| Q3 25 | 2.65× | 4.52× | ||
| Q2 25 | 3.44× | — | ||
| Q1 25 | 1.48× | — | ||
| Q4 24 | 2.68× | — | ||
| Q3 24 | 2.16× | -1.15× | ||
| Q2 24 | 1.42× | 0.63× |
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
CVX
| Other | $17.5B | 38% |
| Downstream Segment | $16.8B | 37% |
| Upstream Segment | $11.5B | 25% |
WKC
| Aviation segment | $5.0B | 52% |
| Land segment | $2.9B | 30% |
| Marine segment | $1.9B | 20% |
