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Dollar Tree（DLTR）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是Dollar Tree的1.6倍（$7.7B vs $4.7B），Dollar Tree净利率更高（5.2% vs 0.8%，领先4.3%），Smurfit Westrock同比增速更快（0.7% vs -37.2%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs -25.9%）
Dollar Tree是美国多价位折扣百货连锁企业，位列《财富》500强，总部位于弗吉尼亚州切萨皮克。公司在美国本土48个毗连州及加拿大共运营15115家门店，旗下24个配送中心组成的全国物流网络为所有门店提供运营支持。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
DLTR vs SW — 直观对比
营收规模更大
SW
是对方的1.6倍
$4.7B
营收增速更快
SW
高出38.0%
-37.2%
净利率更高
DLTR
高出4.3%
0.8%
两年增速更快
SW
近两年复合增速
-25.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $7.7B |
| 净利润 | $244.6M | $63.0M |
| 毛利率 | 35.8% | 16.4% |
| 营业利润率 | 7.2% | 3.3% |
| 净利率 | 5.2% | 0.8% |
| 营收同比 | -37.2% | 0.7% |
| 净利润同比 | 4.8% | — |
| 每股收益（稀释后） | $1.20 | $0.12 |
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DLTRSW
| Q1 26 | — | $7.7B | ||
| Q4 25 | $4.7B | $7.6B | ||
| Q3 25 | $4.6B | $8.0B | ||
| Q2 25 | $4.6B | $7.9B | ||
| Q1 25 | $5.0B | $7.7B | ||
| Q4 24 | $7.6B | $7.5B | ||
| Q3 24 | $7.4B | $7.7B | ||
| Q2 24 | $7.6B | $3.0B |
净利润DLTRSW
| Q1 26 | — | $63.0M | ||
| Q4 25 | $244.6M | $97.0M | ||
| Q3 25 | $188.4M | $246.0M | ||
| Q2 25 | $343.4M | $-28.0M | ||
| Q1 25 | $-3.7B | $384.0M | ||
| Q4 24 | $233.3M | $146.0M | ||
| Q3 24 | $132.4M | $-150.0M | ||
| Q2 24 | $300.1M | $132.0M |
毛利率DLTRSW
| Q1 26 | — | 16.4% | ||
| Q4 25 | 35.8% | 18.2% | ||
| Q3 25 | 34.4% | 19.6% | ||
| Q2 25 | 35.6% | 19.1% | ||
| Q1 25 | 37.6% | 20.6% | ||
| Q4 24 | 30.9% | 19.1% | ||
| Q3 24 | 30.0% | 17.6% | ||
| Q2 24 | 30.8% | 23.3% |
营业利润率DLTRSW
| Q1 26 | — | 3.3% | ||
| Q4 25 | 7.2% | 5.1% | ||
| Q3 25 | 5.1% | 6.6% | ||
| Q2 25 | 8.3% | 3.2% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | 4.4% | 5.3% | ||
| Q3 24 | 2.8% | 0.7% | ||
| Q2 24 | 5.5% | 8.2% |
净利率DLTRSW
| Q1 26 | — | 0.8% | ||
| Q4 25 | 5.2% | 1.3% | ||
| Q3 25 | 4.1% | 3.1% | ||
| Q2 25 | 7.4% | -0.4% | ||
| Q1 25 | -74.0% | 5.0% | ||
| Q4 24 | 3.1% | 1.9% | ||
| Q3 24 | 1.8% | -2.0% | ||
| Q2 24 | 3.9% | 4.4% |
每股收益（稀释后）DLTRSW
| Q1 26 | — | $0.12 | ||
| Q4 25 | $1.20 | $0.18 | ||
| Q3 25 | $0.91 | $0.47 | ||
| Q2 25 | $1.61 | $-0.05 | ||
| Q1 25 | $-17.17 | $0.73 | ||
| Q4 24 | $1.08 | $-0.12 | ||
| Q3 24 | $0.62 | $-0.30 | ||
| Q2 24 | $1.38 | $0.51 |
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 | $594.8M | — |
| 总债务越低越好 | — | $980.0M |
| 股东权益账面价值 | $3.5B | $18.1B |
| 总资产 | $13.7B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资DLTRSW
| Q1 26 | — | — | ||
| Q4 25 | $594.8M | $892.0M | ||
| Q3 25 | $666.3M | $851.0M | ||
| Q2 25 | $1.0B | $778.0M | ||
| Q1 25 | $1.3B | $797.0M | ||
| Q4 24 | $697.6M | $855.0M | ||
| Q3 24 | $570.3M | — | ||
| Q2 24 | $618.5M | $26.8K |
总债务DLTRSW
| Q1 26 | — | $980.0M | ||
| Q4 25 | — | $13.4B | ||
| Q3 25 | — | $13.3B | ||
| Q2 25 | — | $13.3B | ||
| Q1 25 | $3.4B | $12.9B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | — |
股东权益DLTRSW
| Q1 26 | — | $18.1B | ||
| Q4 25 | $3.5B | $18.3B | ||
| Q3 25 | $3.6B | $18.4B | ||
| Q2 25 | $3.9B | $18.3B | ||
| Q1 25 | $4.0B | $17.9B | ||
| Q4 24 | $7.6B | $17.4B | ||
| Q3 24 | $7.4B | $18.0B | ||
| Q2 24 | $7.3B | $14.5K |
总资产DLTRSW
| Q1 26 | — | $45.2B | ||
| Q4 25 | $13.7B | $45.2B | ||
| Q3 25 | $13.4B | $45.6B | ||
| Q2 25 | $18.3B | $45.7B | ||
| Q1 25 | $18.6B | $44.6B | ||
| Q4 24 | $23.3B | $43.8B | ||
| Q3 24 | $22.6B | $45.0B | ||
| Q2 24 | $22.1B | $26.8K |
负债/权益比DLTRSW
| Q1 26 | — | 0.05× | ||
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | 0.86× | 0.72× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | — |
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 | $319.3M | $204.0M |
| 自由现金流经营现金流 - 资本支出 | $-57.1M | — |
| 自由现金流率自由现金流/营收 | -1.2% | — |
| 资本支出强度资本支出/营收 | 7.9% | — |
| 现金转化率经营现金流/净利润 | 1.31× | 3.24× |
| 过去12个月自由现金流最近4个季度 | $394.5M | — |
8季度趋势，按日历期对齐
经营现金流DLTRSW
| Q1 26 | — | $204.0M | ||
| Q4 25 | $319.3M | $1.2B | ||
| Q3 25 | $260.7M | $1.1B | ||
| Q2 25 | $378.5M | $829.0M | ||
| Q1 25 | $405.1M | $235.0M | ||
| Q4 24 | $785.6M | $781.0M | ||
| Q3 24 | $306.9M | $320.0M | ||
| Q2 24 | $695.7M | $340.0M |
自由现金流DLTRSW
| Q1 26 | — | — | ||
| Q4 25 | $-57.1M | $612.0M | ||
| Q3 25 | $15.6M | $523.0M | ||
| Q2 25 | $129.7M | $307.0M | ||
| Q1 25 | $306.3M | $-242.0M | ||
| Q4 24 | $359.2M | $212.0M | ||
| Q3 24 | $-193.8M | $-192.0M | ||
| Q2 24 | $223.5M | $163.0M |
自由现金流率DLTRSW
| Q1 26 | — | — | ||
| Q4 25 | -1.2% | 8.1% | ||
| Q3 25 | 0.3% | 6.5% | ||
| Q2 25 | 2.8% | 3.9% | ||
| Q1 25 | 6.1% | -3.2% | ||
| Q4 24 | 4.8% | 2.8% | ||
| Q3 24 | -2.6% | -2.5% | ||
| Q2 24 | 2.9% | 5.5% |
资本支出强度DLTRSW
| Q1 26 | — | — | ||
| Q4 25 | 7.9% | 7.7% | ||
| Q3 25 | 5.4% | 7.6% | ||
| Q2 25 | 5.4% | 6.6% | ||
| Q1 25 | 2.0% | 6.2% | ||
| Q4 24 | 5.6% | 7.5% | ||
| Q3 24 | 6.8% | 6.7% | ||
| Q2 24 | 6.2% | 6.0% |
现金转化率DLTRSW
| Q1 26 | — | 3.24× | ||
| Q4 25 | 1.31× | 12.32× | ||
| Q3 25 | 1.38× | 4.61× | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | — | 0.61× | ||
| Q4 24 | 3.37× | 5.35× | ||
| Q3 24 | 2.32× | — | ||
| Q2 24 | 2.32× | 2.58× |
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
DLTR
| Consumable | $2.4B | 50% |
| Variety | $2.1B | 43% |
| Seasonal | $344.1M | 7% |
SW
暂无分部数据
