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Leonardo DRS, Inc.（DRS）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是Leonardo DRS, Inc.的5.7倍（$6.0B vs $1.1B）。3M净利率更高（10.8% vs 9.6%，领先1.2%）。Leonardo DRS, Inc.同比增速更快（8.1% vs 1.3%）。3M自由现金流更多（$2.0B vs $376.0M）。过去两年Leonardo DRS, Inc.的营收复合增速更高（24.1% vs -1.8%）
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。
3M是美国知名跨国综合企业，业务覆盖工业、劳动者安全防护、消费品等多个领域，总部位于圣保罗郊区的枫木市。公司现有超6万款产品，涵盖胶粘剂、研磨材料、防火防护产品、个人防护装备、窗膜、车漆保护膜、电子连接绝缘材料、汽车养护产品、光学膜等品类。
DRS vs MMM — 直观对比
营收规模更大
MMM
是对方的5.7倍
$1.1B
营收增速更快
DRS
高出6.8%
1.3%
净利率更高
MMM
高出1.2%
9.6%
自由现金流更多
MMM
多$1.6B
$376.0M
两年增速更快
DRS
近两年复合增速
-1.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $6.0B |
| 净利润 | $102.0M | $653.0M |
| 毛利率 | 25.4% | 40.7% |
| 营业利润率 | 11.9% | 23.2% |
| 净利率 | 9.6% | 10.8% |
| 营收同比 | 8.1% | 1.3% |
| 净利润同比 | 14.6% | -41.5% |
| 每股收益（稀释后） | $0.38 | $1.23 |
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DRSMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $1.1B | $6.1B | ||
| Q3 25 | $960.0M | $6.5B | ||
| Q2 25 | $829.0M | $6.3B | ||
| Q1 25 | $799.0M | $6.0B | ||
| Q4 24 | $981.0M | $6.0B | ||
| Q3 24 | $812.0M | $6.3B | ||
| Q2 24 | $753.0M | $6.3B |
净利润DRSMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $102.0M | $577.0M | ||
| Q3 25 | $72.0M | $834.0M | ||
| Q2 25 | $54.0M | $723.0M | ||
| Q1 25 | $50.0M | $1.1B | ||
| Q4 24 | $89.0M | $728.0M | ||
| Q3 24 | $57.0M | $1.4B | ||
| Q2 24 | $38.0M | $1.1B |
毛利率DRSMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 25.4% | 33.6% | ||
| Q3 25 | 23.1% | 41.8% | ||
| Q2 25 | 23.8% | 42.5% | ||
| Q1 25 | 22.7% | 41.6% | ||
| Q4 24 | 24.0% | 51.7% | ||
| Q3 24 | 22.0% | 42.1% | ||
| Q2 24 | 22.4% | 42.9% |
营业利润率DRSMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 11.9% | 13.0% | ||
| Q3 25 | 9.7% | 22.2% | ||
| Q2 25 | 8.4% | 18.0% | ||
| Q1 25 | 7.4% | 20.9% | ||
| Q4 24 | 12.2% | 12.2% | ||
| Q3 24 | 9.2% | 20.9% | ||
| Q2 24 | 7.3% | 20.3% |
净利率DRSMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 9.6% | 9.4% | ||
| Q3 25 | 7.5% | 12.8% | ||
| Q2 25 | 6.5% | 11.4% | ||
| Q1 25 | 6.3% | 18.7% | ||
| Q4 24 | 9.1% | 12.1% | ||
| Q3 24 | 7.0% | 21.8% | ||
| Q2 24 | 5.0% | 18.3% |
每股收益（稀释后）DRSMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $0.38 | $1.07 | ||
| Q3 25 | $0.26 | $1.55 | ||
| Q2 25 | $0.20 | $1.34 | ||
| Q1 25 | $0.19 | $2.04 | ||
| Q4 24 | $0.34 | $1.33 | ||
| Q3 24 | $0.21 | $2.48 | ||
| Q2 24 | $0.14 | $2.07 |
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 | $3.7B |
| 总债务越低越好 | $321.0M | $10.9B |
| 股东权益账面价值 | $2.7B | $3.3B |
| 总资产 | $4.5B | $35.4B |
| 负债/权益比越低杠杆越低 | 0.12× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资DRSMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $647.0M | — | ||
| Q3 25 | $309.0M | — | ||
| Q2 25 | $278.0M | — | ||
| Q1 25 | $380.0M | — | ||
| Q4 24 | $598.0M | — | ||
| Q3 24 | $198.0M | — | ||
| Q2 24 | $149.0M | — |
总债务DRSMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | $321.0M | $12.6B | ||
| Q3 25 | $326.0M | $12.6B | ||
| Q2 25 | $331.0M | $13.1B | ||
| Q1 25 | $335.0M | $13.5B | ||
| Q4 24 | $340.0M | $13.0B | ||
| Q3 24 | $345.0M | $13.2B | ||
| Q2 24 | $351.0M | $13.1B |
股东权益DRSMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $2.7B | $4.7B | ||
| Q3 25 | $2.6B | $4.6B | ||
| Q2 25 | $2.6B | $4.3B | ||
| Q1 25 | $2.6B | $4.5B | ||
| Q4 24 | $2.6B | $3.8B | ||
| Q3 24 | $2.5B | $4.6B | ||
| Q2 24 | $2.4B | $3.9B |
总资产DRSMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $4.5B | $37.7B | ||
| Q3 25 | $4.2B | $37.6B | ||
| Q2 25 | $4.1B | $38.0B | ||
| Q1 25 | $4.1B | $40.0B | ||
| Q4 24 | $4.2B | $39.9B | ||
| Q3 24 | $3.9B | $40.9B | ||
| Q2 24 | $3.8B | $43.4B |
负债/权益比DRSMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | 0.12× | 2.68× | ||
| Q3 25 | 0.12× | 2.72× | ||
| Q2 25 | 0.13× | 3.06× | ||
| Q1 25 | 0.13× | 3.02× | ||
| Q4 24 | 0.13× | 3.40× | ||
| Q3 24 | 0.14× | 2.84× | ||
| Q2 24 | 0.15× | 3.34× |
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 | $425.0M | — |
| 自由现金流经营现金流 - 资本支出 | $376.0M | $2.0B |
| 自由现金流率自由现金流/营收 | 35.5% | 33.6% |
| 资本支出强度资本支出/营收 | 4.6% | — |
| 现金转化率经营现金流/净利润 | 4.17× | — |
| 过去12个月自由现金流最近4个季度 | $227.0M | $3.7B |
8季度趋势，按日历期对齐
经营现金流DRSMMM
| Q1 26 | — | — | ||
| Q4 25 | $425.0M | $1.6B | ||
| Q3 25 | $107.0M | $1.8B | ||
| Q2 25 | $-28.0M | $-954.0M | ||
| Q1 25 | $-138.0M | $-79.0M | ||
| Q4 24 | $443.0M | $1.8B | ||
| Q3 24 | $59.0M | $-1.8B | ||
| Q2 24 | $34.0M | $1.0B |
自由现金流DRSMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $376.0M | $1.3B | ||
| Q3 25 | $77.0M | $1.5B | ||
| Q2 25 | $-56.0M | $-1.2B | ||
| Q1 25 | $-170.0M | $-315.0M | ||
| Q4 24 | $414.0M | $1.5B | ||
| Q3 24 | $47.0M | $-2.0B | ||
| Q2 24 | $0 | $752.0M |
自由现金流率DRSMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 35.5% | 21.8% | ||
| Q3 25 | 8.0% | 23.6% | ||
| Q2 25 | -6.8% | -18.3% | ||
| Q1 25 | -21.3% | -5.3% | ||
| Q4 24 | 42.2% | 25.4% | ||
| Q3 24 | 5.8% | -32.3% | ||
| Q2 24 | 0.0% | 12.0% |
资本支出强度DRSMMM
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 4.0% | ||
| Q3 25 | 3.1% | 3.3% | ||
| Q2 25 | 3.4% | 3.3% | ||
| Q1 25 | 4.0% | 4.0% | ||
| Q4 24 | 3.0% | 4.8% | ||
| Q3 24 | 1.5% | 3.9% | ||
| Q2 24 | 4.5% | 4.3% |
现金转化率DRSMMM
| Q1 26 | — | — | ||
| Q4 25 | 4.17× | 2.74× | ||
| Q3 25 | 1.49× | 2.11× | ||
| Q2 25 | -0.52× | -1.32× | ||
| Q1 25 | -2.76× | -0.07× | ||
| Q4 24 | 4.98× | 2.50× | ||
| Q3 24 | 1.04× | -1.30× | ||
| Q2 24 | 0.89× | 0.89× |
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
MMM
| Safety and Industrial business segment | $2.9B | 49% |
| Transportation and Electronics business segment | $1.8B | 31% |
| Consumer business segment | $1.1B | 19% |
| Corporate | $121.0M | 2% |
