vs
德纳（DAN）与天宝（TRMB）财务数据对比。点击上方公司名可切换其他公司
德纳的季度营收约是天宝的1.3倍（$1.3B vs $969.8M），天宝净利率更高（16.1% vs -3.9%，领先20.0%），德纳同比增速更快（-44.5% vs -73.7%），天宝自由现金流更多（$360.9M vs $345.0M），过去两年天宝的营收复合增速更高（0.9% vs -31.2%）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
天宝（Trimble Inc.）是1978年成立的美国科技企业，总部位于科罗拉多州威斯敏斯特，于纳斯达克上市，为标普500成分股。公司面向建筑工程、地理空间测绘、交通物流等多个行业，提供软硬件产品及相关技术服务。
DAN vs TRMB — 直观对比
营收规模更大
DAN
是对方的1.3倍
$969.8M
营收增速更快
DAN
高出29.2%
-73.7%
净利率更高
TRMB
高出20.0%
-3.9%
自由现金流更多
TRMB
多$15.9M
$345.0M
两年增速更快
TRMB
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $969.8M |
| 净利润 | $-50.0M | $156.6M |
| 毛利率 | 6.0% | 72.0% |
| 营业利润率 | -0.2% | 22.3% |
| 净利率 | -3.9% | 16.1% |
| 营收同比 | -44.5% | -73.7% |
| 净利润同比 | 37.5% | 73.6% |
| 每股收益（稀释后） | $-0.36 | $0.65 |
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DANTRMB
| Q4 25 | $1.3B | $901.2M | ||
| Q3 25 | $1.9B | $875.7M | ||
| Q2 25 | $1.9B | $840.6M | ||
| Q1 25 | $2.4B | $983.4M | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.5B | $875.8M | ||
| Q2 24 | $2.7B | $870.8M | ||
| Q1 24 | $2.7B | $953.3M |
净利润DANTRMB
| Q4 25 | $-50.0M | $111.5M | ||
| Q3 25 | $83.0M | $89.2M | ||
| Q2 25 | $27.0M | $66.7M | ||
| Q1 25 | $25.0M | $90.2M | ||
| Q4 24 | $-80.0M | — | ||
| Q3 24 | $4.0M | $40.6M | ||
| Q2 24 | $16.0M | $1.3B | ||
| Q1 24 | $3.0M | $57.2M |
毛利率DANTRMB
| Q4 25 | 6.0% | 68.9% | ||
| Q3 25 | 8.7% | 68.3% | ||
| Q2 25 | 7.1% | 66.7% | ||
| Q1 25 | 9.4% | 69.3% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 9.9% | 65.7% | ||
| Q2 24 | 9.3% | 62.7% | ||
| Q1 24 | 8.9% | 62.3% |
营业利润率DANTRMB
| Q4 25 | -0.2% | 16.7% | ||
| Q3 25 | 2.8% | 14.6% | ||
| Q2 25 | 0.8% | 11.6% | ||
| Q1 25 | 3.1% | 17.6% | ||
| Q4 24 | -1.5% | — | ||
| Q3 24 | 3.6% | 13.3% | ||
| Q2 24 | 3.8% | 7.1% | ||
| Q1 24 | 2.6% | 11.5% |
净利率DANTRMB
| Q4 25 | -3.9% | 12.4% | ||
| Q3 25 | 4.3% | 10.2% | ||
| Q2 25 | 1.4% | 7.9% | ||
| Q1 25 | 1.1% | 9.2% | ||
| Q4 24 | -3.4% | — | ||
| Q3 24 | 0.2% | 4.6% | ||
| Q2 24 | 0.6% | 151.2% | ||
| Q1 24 | 0.1% | 6.0% |
每股收益（稀释后）DANTRMB
| Q4 25 | $-0.36 | $0.46 | ||
| Q3 25 | $0.64 | $0.37 | ||
| Q2 25 | $0.19 | $0.27 | ||
| Q1 25 | $0.17 | $0.36 | ||
| Q4 24 | $-0.55 | — | ||
| Q3 24 | $0.03 | $0.16 | ||
| Q2 24 | $0.11 | $5.34 | ||
| Q1 24 | $0.02 | $0.23 |
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 | $469.0M | $253.4M |
| 总债务越低越好 | $2.6B | $1.4B |
| 股东权益账面价值 | $840.0M | $5.8B |
| 总资产 | $7.8B | $9.3B |
| 负债/权益比越低杠杆越低 | 3.05× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资DANTRMB
| Q4 25 | $469.0M | $232.7M | ||
| Q3 25 | $414.0M | $265.9M | ||
| Q2 25 | $486.0M | $290.0M | ||
| Q1 25 | $507.0M | $738.8M | ||
| Q4 24 | $494.0M | — | ||
| Q3 24 | $419.0M | $1.0B | ||
| Q2 24 | $419.0M | $944.1M | ||
| Q1 24 | $351.0M | $255.1M |
总债务DANTRMB
| Q4 25 | $2.6B | $1.4B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
股东权益DANTRMB
| Q4 25 | $840.0M | $5.8B | ||
| Q3 25 | $1.1B | $5.7B | ||
| Q2 25 | $1.2B | $5.4B | ||
| Q1 25 | $1.4B | $5.7B | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.5B | $5.9B | ||
| Q2 24 | $1.5B | $5.6B | ||
| Q1 24 | $1.5B | $4.3B |
总资产DANTRMB
| Q4 25 | $7.8B | $9.0B | ||
| Q3 25 | $8.1B | $9.1B | ||
| Q2 25 | $8.1B | $8.9B | ||
| Q1 25 | $7.8B | $9.5B | ||
| Q4 24 | $7.5B | — | ||
| Q3 24 | $7.9B | $9.9B | ||
| Q2 24 | $7.8B | $9.6B | ||
| Q1 24 | $7.9B | $9.3B |
负债/权益比DANTRMB
| Q4 25 | 3.05× | 0.24× | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.76× | 0.24× | ||
| Q4 24 | 1.79× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 1.68× | — |
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 | $406.0M | $386.2M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $360.9M |
| 自由现金流率自由现金流/营收 | 26.6% | 37.2% |
| 资本支出强度资本支出/营收 | 4.7% | 2.6% |
| 现金转化率经营现金流/净利润 | — | 2.47× |
| 过去12个月自由现金流最近4个季度 | $298.0M | — |
8季度趋势，按日历期对齐
经营现金流DANTRMB
| Q4 25 | $406.0M | — | ||
| Q3 25 | $111.0M | $123.8M | ||
| Q2 25 | $32.0M | $155.6M | ||
| Q1 25 | $-37.0M | $115.1M | ||
| Q4 24 | $302.0M | — | ||
| Q3 24 | $35.0M | $94.9M | ||
| Q2 24 | $215.0M | $87.6M | ||
| Q1 24 | $-102.0M | $233.8M |
自由现金流DANTRMB
| Q4 25 | $345.0M | — | ||
| Q3 25 | $62.0M | $116.6M | ||
| Q2 25 | $3.0M | $149.0M | ||
| Q1 25 | $-112.0M | $109.0M | ||
| Q4 24 | $149.0M | — | ||
| Q3 24 | $-11.0M | $88.5M | ||
| Q2 24 | $104.0M | $73.3M | ||
| Q1 24 | $-172.0M | $227.0M |
自由现金流率DANTRMB
| Q4 25 | 26.6% | — | ||
| Q3 25 | 3.2% | 13.3% | ||
| Q2 25 | 0.2% | 17.7% | ||
| Q1 25 | -4.8% | 11.1% | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | -0.4% | 10.1% | ||
| Q2 24 | 3.8% | 8.4% | ||
| Q1 24 | -6.3% | 23.8% |
资本支出强度DANTRMB
| Q4 25 | 4.7% | — | ||
| Q3 25 | 2.6% | 0.8% | ||
| Q2 25 | 1.5% | 0.8% | ||
| Q1 25 | 3.2% | 0.6% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 1.9% | 0.7% | ||
| Q2 24 | 4.1% | 1.6% | ||
| Q1 24 | 2.6% | 0.7% |
现金转化率DANTRMB
| Q4 25 | — | — | ||
| Q3 25 | 1.34× | 1.39× | ||
| Q2 25 | 1.19× | 2.33× | ||
| Q1 25 | -1.48× | 1.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.75× | 2.34× | ||
| Q2 24 | 13.44× | 0.07× | ||
| Q1 24 | -34.00× | 4.09× |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
TRMB
| Subscription and services | $701.5M | 72% |
| Product | $268.3M | 28% |
