vs
丹纳赫（DHR）与福陆（FLR）财务数据对比。点击上方公司名可切换其他公司
丹纳赫的季度营收约是福陆的1.4倍（$6.0B vs $4.2B），丹纳赫净利率更高（17.3% vs -37.7%，领先55.0%），丹纳赫同比增速更快（3.7% vs -2.0%），丹纳赫自由现金流更多（$1.1B vs $-378.0M），过去两年福陆的营收复合增速更高（5.7% vs 1.8%）
丹纳赫是总部位于美国华盛顿特区的医疗健康企业，聚焦生物技术、生命科学与诊断领域的产品研发。公司下设三大业务板块：生物技术板块开发治疗相关产品，生命科学板块覆盖疾病溯源、新疗法研发、药物疫苗与基因编辑技术的测试生产，诊断板块研发检测仪器，为全球生命健康产业提供核心支持。
福陆是总部位于美国得克萨斯州欧文市的工程建设企业，通过旗下子公司提供油气、工业与基础设施、政府项目及电力三大核心领域的服务，是《财富》世界500强中排名最高的上市工程建设企业，总排名位列第265位。
DHR vs FLR — 直观对比
营收规模更大
DHR
是对方的1.4倍
$4.2B
营收增速更快
DHR
高出5.7%
-2.0%
净利率更高
DHR
高出55.0%
-37.7%
自由现金流更多
DHR
多$1.5B
$-378.0M
两年增速更快
FLR
近两年复合增速
1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $4.2B |
| 净利润 | $1.0B | $-1.6B |
| 毛利率 | 60.3% | 3.2% |
| 营业利润率 | 22.6% | 1.3% |
| 净利率 | 17.3% | -37.7% |
| 营收同比 | 3.7% | -2.0% |
| 净利润同比 | 7.9% | -184.4% |
| 每股收益（稀释后） | $1.45 | $-9.40 |
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DHRFLR
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.8B | $4.2B | ||
| Q3 25 | $6.1B | $3.4B | ||
| Q2 25 | $5.9B | $4.0B | ||
| Q1 25 | $5.7B | $4.0B | ||
| Q4 24 | $6.5B | $4.3B | ||
| Q3 24 | $5.8B | $4.1B | ||
| Q2 24 | $5.7B | $4.2B |
净利润DHRFLR
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $-1.6B | ||
| Q3 25 | $908.0M | $-697.0M | ||
| Q2 25 | $555.0M | $2.5B | ||
| Q1 25 | $954.0M | $-241.0M | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $818.0M | $54.0M | ||
| Q2 24 | $907.0M | $169.0M |
毛利率DHRFLR
| Q1 26 | 60.3% | — | ||
| Q4 25 | 58.0% | 3.2% | ||
| Q3 25 | 58.2% | -13.3% | ||
| Q2 25 | 59.3% | 1.4% | ||
| Q1 25 | 61.2% | 3.5% | ||
| Q4 24 | 59.5% | 4.9% | ||
| Q3 24 | 58.7% | 2.1% | ||
| Q2 24 | 59.7% | 4.2% |
营业利润率DHRFLR
| Q1 26 | 22.6% | — | ||
| Q4 25 | 22.0% | 1.3% | ||
| Q3 25 | 19.1% | -14.7% | ||
| Q2 25 | 12.8% | -0.7% | ||
| Q1 25 | 22.2% | 2.3% | ||
| Q4 24 | 21.8% | 4.4% | ||
| Q3 24 | 16.5% | 1.2% | ||
| Q2 24 | 20.3% | 4.2% |
净利率DHRFLR
| Q1 26 | 17.3% | — | ||
| Q4 25 | 17.5% | -37.7% | ||
| Q3 25 | 15.0% | -20.7% | ||
| Q2 25 | 9.3% | 61.8% | ||
| Q1 25 | 16.6% | -6.1% | ||
| Q4 24 | 16.6% | 43.7% | ||
| Q3 24 | 14.1% | 1.3% | ||
| Q2 24 | 15.8% | 4.0% |
每股收益（稀释后）DHRFLR
| Q1 26 | $1.45 | — | ||
| Q4 25 | $1.69 | $-9.40 | ||
| Q3 25 | $1.27 | $-4.30 | ||
| Q2 25 | $0.77 | $14.81 | ||
| Q1 25 | $1.32 | $-1.42 | ||
| Q4 24 | $1.50 | $10.68 | ||
| Q3 24 | $1.12 | $0.31 | ||
| Q2 24 | $1.22 | $0.97 |
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 | — | $2.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $3.2B |
| 总资产 | — | $8.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DHRFLR
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $3.0B | ||
| Q2 24 | — | $2.7B |
总债务DHRFLR
| Q1 26 | — | — | ||
| Q4 25 | $18.4B | — | ||
| Q3 25 | $16.9B | — | ||
| Q2 25 | $17.4B | — | ||
| Q1 25 | $16.5B | — | ||
| Q4 24 | $16.0B | — | ||
| Q3 24 | $17.5B | — | ||
| Q2 24 | $17.0B | — |
股东权益DHRFLR
| Q1 26 | — | — | ||
| Q4 25 | $52.5B | $3.2B | ||
| Q3 25 | $51.1B | $5.2B | ||
| Q2 25 | $52.3B | $5.9B | ||
| Q1 25 | $50.8B | $3.6B | ||
| Q4 24 | $49.5B | $3.9B | ||
| Q3 24 | $51.3B | $2.3B | ||
| Q2 24 | $49.9B | $2.1B |
总资产DHRFLR
| Q1 26 | — | — | ||
| Q4 25 | $83.5B | $8.2B | ||
| Q3 25 | $79.9B | $11.5B | ||
| Q2 25 | $81.6B | $11.8B | ||
| Q1 25 | $79.1B | $8.4B | ||
| Q4 24 | $77.5B | $9.1B | ||
| Q3 24 | $80.6B | $7.1B | ||
| Q2 24 | $78.6B | $6.8B |
负债/权益比DHRFLR
| Q1 26 | — | — | ||
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.33× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.34× | — | ||
| Q2 24 | 0.34× | — |
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 | $1.3B | $-366.0M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $-378.0M |
| 自由现金流率自由现金流/营收 | 18.2% | -9.1% |
| 资本支出强度资本支出/营收 | 4.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.28× | — |
| 过去12个月自由现金流最近4个季度 | $5.3B | $-437.0M |
8季度趋势，按日历期对齐
经营现金流DHRFLR
| Q1 26 | $1.3B | — | ||
| Q4 25 | $2.1B | $-366.0M | ||
| Q3 25 | $1.7B | $286.0M | ||
| Q2 25 | $1.3B | $-21.0M | ||
| Q1 25 | $1.3B | $-286.0M | ||
| Q4 24 | $2.0B | $327.0M | ||
| Q3 24 | $1.5B | $330.0M | ||
| Q2 24 | $1.4B | $282.0M |
自由现金流DHRFLR
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $-378.0M | ||
| Q3 25 | $1.4B | $273.0M | ||
| Q2 25 | $1.1B | $-35.0M | ||
| Q1 25 | $1.1B | $-297.0M | ||
| Q4 24 | $1.5B | $296.0M | ||
| Q3 24 | $1.2B | $279.0M | ||
| Q2 24 | $1.1B | $234.0M |
自由现金流率DHRFLR
| Q1 26 | 18.2% | — | ||
| Q4 25 | 25.5% | -9.1% | ||
| Q3 25 | 22.6% | 8.1% | ||
| Q2 25 | 18.4% | -0.9% | ||
| Q1 25 | 18.4% | -7.5% | ||
| Q4 24 | 23.0% | 6.9% | ||
| Q3 24 | 21.0% | 6.8% | ||
| Q2 24 | 19.7% | 5.5% |
资本支出强度DHRFLR
| Q1 26 | 4.0% | — | ||
| Q4 25 | 5.4% | 0.3% | ||
| Q3 25 | 4.8% | 0.4% | ||
| Q2 25 | 4.2% | 0.4% | ||
| Q1 25 | 4.3% | 0.3% | ||
| Q4 24 | 7.9% | 0.7% | ||
| Q3 24 | 5.1% | 1.2% | ||
| Q2 24 | 5.0% | 1.1% |
现金转化率DHRFLR
| Q1 26 | 1.28× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 1.83× | — | ||
| Q2 25 | 2.41× | -0.01× | ||
| Q1 25 | 1.36× | — | ||
| Q4 24 | 1.86× | 0.18× | ||
| Q3 24 | 1.85× | 6.11× | ||
| Q2 24 | 1.56× | 1.67× |
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
DHR
暂无分部数据
FLR
| Urban Solutions Segment | $2.6B | 63% |
| Energy Solutions Segment | $943.0M | 23% |
| Mission Solutions Segment | $600.0M | 14% |
