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Leonardo DRS, Inc.（DRS）与伯克希尔·哈撒韦（HEI）财务数据对比。点击上方公司名可切换其他公司
伯克希尔·哈撒韦的季度营收约是Leonardo DRS, Inc.的1.1倍（$1.2B vs $1.1B），伯克希尔·哈撒韦净利率更高（15.6% vs 9.6%，领先5.9%），伯克希尔·哈撒韦同比增速更快（19.3% vs 8.1%），Leonardo DRS, Inc.自由现金流更多（$376.0M vs $268.5M），过去两年Leonardo DRS, Inc.的营收复合增速更高（24.1% vs 16.2%）
莱昂纳多DRS公司是美国本土国防承包商，前身为DRS技术公司，曾于纽约证券交易所挂牌交易，2008年被莱昂纳多的前身芬梅卡尼卡收购，核心业务为向美国军方提供先进国防技术及配套系统产品。
伯克希尔·哈撒韦是总部位于美国内布拉斯加州奥马哈的跨国综合控股集团，最初主营纺织品制造，1965年起在董事长兼首席执行官沃伦·巴菲特、副董事长查理·芒格的带领下转型为多元化企业集团，2026年初格雷格·阿贝尔接任首席执行官，巴菲特个人持有公司38.4%的A类有投票权股份，对应15.1%的整体经济权益。
DRS vs HEI — 直观对比
营收规模更大
HEI
是对方的1.1倍
$1.1B
营收增速更快
HEI
高出11.3%
8.1%
净利率更高
HEI
高出5.9%
9.6%
自由现金流更多
DRS
多$107.5M
$268.5M
两年增速更快
DRS
近两年复合增速
16.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $102.0M | $188.3M |
| 毛利率 | 25.4% | 40.2% |
| 营业利润率 | 11.9% | 23.1% |
| 净利率 | 9.6% | 15.6% |
| 营收同比 | 8.1% | 19.3% |
| 净利润同比 | 14.6% | 34.8% |
| 每股收益（稀释后） | $0.38 | $1.32 |
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DRSHEI
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $960.0M | $1.1B | ||
| Q2 25 | $829.0M | $1.1B | ||
| Q1 25 | $799.0M | $1.0B | ||
| Q4 24 | $981.0M | $1.0B | ||
| Q3 24 | $812.0M | $992.2M | ||
| Q2 24 | $753.0M | $955.4M | ||
| Q1 24 | $688.0M | $896.4M |
净利润DRSHEI
| Q4 25 | $102.0M | $188.3M | ||
| Q3 25 | $72.0M | $177.3M | ||
| Q2 25 | $54.0M | $156.8M | ||
| Q1 25 | $50.0M | $168.0M | ||
| Q4 24 | $89.0M | $139.7M | ||
| Q3 24 | $57.0M | $136.6M | ||
| Q2 24 | $38.0M | $123.1M | ||
| Q1 24 | $29.0M | $114.7M |
毛利率DRSHEI
| Q4 25 | 25.4% | 40.2% | ||
| Q3 25 | 23.1% | 39.8% | ||
| Q2 25 | 23.8% | 39.9% | ||
| Q1 25 | 22.7% | 39.4% | ||
| Q4 24 | 24.0% | 38.9% | ||
| Q3 24 | 22.0% | 39.2% | ||
| Q2 24 | 22.4% | 38.9% | ||
| Q1 24 | 22.2% | 38.7% |
营业利润率DRSHEI
| Q4 25 | 11.9% | 23.1% | ||
| Q3 25 | 9.7% | 23.1% | ||
| Q2 25 | 8.4% | 22.6% | ||
| Q1 25 | 7.4% | 22.0% | ||
| Q4 24 | 12.2% | 21.6% | ||
| Q3 24 | 9.2% | 21.8% | ||
| Q2 24 | 7.3% | 21.9% | ||
| Q1 24 | 6.3% | 20.1% |
净利率DRSHEI
| Q4 25 | 9.6% | 15.6% | ||
| Q3 25 | 7.5% | 15.5% | ||
| Q2 25 | 6.5% | 14.3% | ||
| Q1 25 | 6.3% | 16.3% | ||
| Q4 24 | 9.1% | 13.8% | ||
| Q3 24 | 7.0% | 13.8% | ||
| Q2 24 | 5.0% | 12.9% | ||
| Q1 24 | 4.2% | 12.8% |
每股收益（稀释后）DRSHEI
| Q4 25 | $0.38 | $1.32 | ||
| Q3 25 | $0.26 | $1.26 | ||
| Q2 25 | $0.20 | $1.12 | ||
| Q1 25 | $0.19 | $1.20 | ||
| Q4 24 | $0.34 | $1.00 | ||
| Q3 24 | $0.21 | $0.97 | ||
| Q2 24 | $0.14 | $0.88 | ||
| Q1 24 | $0.11 | $0.82 |
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 | $647.0M | $217.8M |
| 总债务越低越好 | $321.0M | $2.2B |
| 股东权益账面价值 | $2.7B | $4.3B |
| 总资产 | $4.5B | $8.5B |
| 负债/权益比越低杠杆越低 | 0.12× | 0.50× |
8季度趋势，按日历期对齐
现金及短期投资DRSHEI
| Q4 25 | $647.0M | $217.8M | ||
| Q3 25 | $309.0M | $261.9M | ||
| Q2 25 | $278.0M | $242.3M | ||
| Q1 25 | $380.0M | $165.5M | ||
| Q4 24 | $598.0M | $162.1M | ||
| Q3 24 | $198.0M | $202.9M | ||
| Q2 24 | $149.0M | $204.2M | ||
| Q1 24 | $160.0M | $196.3M |
总债务DRSHEI
| Q4 25 | $321.0M | $2.2B | ||
| Q3 25 | $326.0M | $2.4B | ||
| Q2 25 | $331.0M | $2.3B | ||
| Q1 25 | $335.0M | $2.3B | ||
| Q4 24 | $340.0M | $2.2B | ||
| Q3 24 | $345.0M | $2.3B | ||
| Q2 24 | $351.0M | $2.4B | ||
| Q1 24 | $356.0M | $2.5B |
股东权益DRSHEI
| Q4 25 | $2.7B | $4.3B | ||
| Q3 25 | $2.6B | $4.1B | ||
| Q2 25 | $2.6B | $4.0B | ||
| Q1 25 | $2.6B | $3.7B | ||
| Q4 24 | $2.6B | $3.6B | ||
| Q3 24 | $2.5B | $3.5B | ||
| Q2 24 | $2.4B | $3.4B | ||
| Q1 24 | $2.4B | $3.3B |
总资产DRSHEI
| Q4 25 | $4.5B | $8.5B | ||
| Q3 25 | $4.2B | $8.5B | ||
| Q2 25 | $4.1B | $8.1B | ||
| Q1 25 | $4.1B | $7.9B | ||
| Q4 24 | $4.2B | $7.6B | ||
| Q3 24 | $3.9B | $7.4B | ||
| Q2 24 | $3.8B | $7.4B | ||
| Q1 24 | $3.8B | $7.3B |
负债/权益比DRSHEI
| Q4 25 | 0.12× | 0.50× | ||
| Q3 25 | 0.12× | 0.59× | ||
| Q2 25 | 0.13× | 0.57× | ||
| Q1 25 | 0.13× | 0.63× | ||
| Q4 24 | 0.13× | 0.61× | ||
| Q3 24 | 0.14× | 0.64× | ||
| Q2 24 | 0.15× | 0.70× | ||
| Q1 24 | 0.15× | 0.76× |
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 | $425.0M | $295.3M |
| 自由现金流经营现金流 - 资本支出 | $376.0M | $268.5M |
| 自由现金流率自由现金流/营收 | 35.5% | 22.2% |
| 资本支出强度资本支出/营收 | 4.6% | 2.2% |
| 现金转化率经营现金流/净利润 | 4.17× | 1.57× |
| 过去12个月自由现金流最近4个季度 | $227.0M | $861.4M |
8季度趋势，按日历期对齐
经营现金流DRSHEI
| Q4 25 | $425.0M | $295.3M | ||
| Q3 25 | $107.0M | $231.2M | ||
| Q2 25 | $-28.0M | $204.7M | ||
| Q1 25 | $-138.0M | $203.0M | ||
| Q4 24 | $443.0M | $205.6M | ||
| Q3 24 | $59.0M | $214.0M | ||
| Q2 24 | $34.0M | $141.1M | ||
| Q1 24 | $-265.0M | $111.7M |
自由现金流DRSHEI
| Q4 25 | $376.0M | $268.5M | ||
| Q3 25 | $77.0M | $218.5M | ||
| Q2 25 | $-56.0M | $188.7M | ||
| Q1 25 | $-170.0M | $185.7M | ||
| Q4 24 | $414.0M | $189.5M | ||
| Q3 24 | $47.0M | $198.1M | ||
| Q2 24 | $0 | $128.2M | ||
| Q1 24 | $-275.0M | $98.3M |
自由现金流率DRSHEI
| Q4 25 | 35.5% | 22.2% | ||
| Q3 25 | 8.0% | 19.0% | ||
| Q2 25 | -6.8% | 17.2% | ||
| Q1 25 | -21.3% | 18.0% | ||
| Q4 24 | 42.2% | 18.7% | ||
| Q3 24 | 5.8% | 20.0% | ||
| Q2 24 | 0.0% | 13.4% | ||
| Q1 24 | -40.0% | 11.0% |
资本支出强度DRSHEI
| Q4 25 | 4.6% | 2.2% | ||
| Q3 25 | 3.1% | 1.1% | ||
| Q2 25 | 3.4% | 1.5% | ||
| Q1 25 | 4.0% | 1.7% | ||
| Q4 24 | 3.0% | 1.6% | ||
| Q3 24 | 1.5% | 1.6% | ||
| Q2 24 | 4.5% | 1.4% | ||
| Q1 24 | 1.5% | 1.5% |
现金转化率DRSHEI
| Q4 25 | 4.17× | 1.57× | ||
| Q3 25 | 1.49× | 1.30× | ||
| Q2 25 | -0.52× | 1.31× | ||
| Q1 25 | -2.76× | 1.21× | ||
| Q4 24 | 4.98× | 1.47× | ||
| Q3 24 | 1.04× | 1.57× | ||
| Q2 24 | 0.89× | 1.15× | ||
| Q1 24 | -9.14× | 0.97× |
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
DRS
暂无分部数据
HEI
| Aftermarket Replacement Parts | $510.0M | 42% |
| Electronic Componentsfor Defense Spaceand Aerospace | $311.8M | 26% |
| Defenseand Space | $170.6M | 14% |
| Specialty Products | $118.9M | 10% |
| Other Electronic Components | $73.0M | 6% |
| Other Industries | $15.9M | 1% |
