vs
Equifax（EFX）与希悦尔（SEE）财务数据对比。点击上方公司名可切换其他公司
Equifax的季度营收约是希悦尔的1.2倍（$1.6B vs $1.4B），Equifax净利率更高（10.4% vs 3.1%，领先7.3%），Equifax同比增速更快（697.0% vs 2.6%），过去两年Equifax的营收复合增速更高（7.4% vs 2.7%）
Equifax是总部位于美国佐治亚州亚特兰大的跨国消费信用报告机构，与益博睿、环联并称全球三大消费信用报告机构，在全球范围内收集汇总了超过8亿名个人消费者及8800万家企业的相关信息。
希悦尔是全球领先的包装与防护解决方案供应商，核心产品包括缓冲防护材料、食品保鲜包装、可持续减废包装系统，服务覆盖电商、零售、食品饮料、工业制造等多个海内外领域。
EFX vs SEE — 直观对比
营收规模更大
EFX
是对方的1.2倍
$1.4B
营收增速更快
EFX
高出694.3%
2.6%
净利率更高
EFX
高出7.3%
3.1%
两年增速更快
EFX
近两年复合增速
2.7%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.4B |
| 净利润 | $171.5M | $43.8M |
| 毛利率 | — | 28.6% |
| 营业利润率 | 17.4% | 11.4% |
| 净利率 | 10.4% | 3.1% |
| 营收同比 | 697.0% | 2.6% |
| 净利润同比 | 28.9% | 700.0% |
| 每股收益（稀释后） | $120.80 | $0.30 |
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EFXSEE
| Q2 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B |
净利润EFXSEE
| Q2 26 | $171.5M | — | ||
| Q4 25 | $175.7M | $43.8M | ||
| Q3 25 | $160.2M | $255.1M | ||
| Q2 25 | $191.3M | $93.1M | ||
| Q1 25 | $133.1M | $113.5M | ||
| Q4 24 | $174.0M | $-7.3M | ||
| Q3 24 | $141.3M | $91.7M | ||
| Q2 24 | $163.9M | $98.3M |
毛利率EFXSEE
| Q2 26 | — | — | ||
| Q4 25 | — | 28.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 30.7% | ||
| Q1 25 | — | 30.9% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 31.2% |
营业利润率EFXSEE
| Q2 26 | 17.4% | — | ||
| Q4 25 | 18.3% | 11.4% | ||
| Q3 25 | 17.1% | 13.8% | ||
| Q2 25 | 20.2% | 15.0% | ||
| Q1 25 | 16.4% | 14.5% | ||
| Q4 24 | 20.3% | 11.7% | ||
| Q3 24 | 17.1% | 13.9% | ||
| Q2 24 | 19.7% | 15.4% |
净利率EFXSEE
| Q2 26 | 10.4% | — | ||
| Q4 25 | 11.3% | 3.1% | ||
| Q3 25 | 10.4% | 19.0% | ||
| Q2 25 | 12.4% | 7.0% | ||
| Q1 25 | 9.2% | 9.0% | ||
| Q4 24 | 12.3% | -0.5% | ||
| Q3 24 | 9.8% | 6.9% | ||
| Q2 24 | 11.5% | 7.4% |
每股收益（稀释后）EFXSEE
| Q2 26 | $120.80 | — | ||
| Q4 25 | $1.44 | $0.30 | ||
| Q3 25 | $1.29 | $1.73 | ||
| Q2 25 | $1.53 | $0.63 | ||
| Q1 25 | $1.06 | $0.77 | ||
| Q4 24 | $1.40 | $-0.05 | ||
| Q3 24 | $1.13 | $0.63 | ||
| Q2 24 | $1.31 | $0.67 |
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 | $183.4M | $344.0M |
| 总债务越低越好 | $5.3B | $3.3B |
| 股东权益账面价值 | $4.6B | $1.2B |
| 总资产 | $11.9B | $7.0B |
| 负债/权益比越低杠杆越低 | 1.16× | 2.65× |
8季度趋势，按日历期对齐
现金及短期投资EFXSEE
| Q2 26 | $183.4M | — | ||
| Q4 25 | $180.8M | $344.0M | ||
| Q3 25 | $189.0M | $282.5M | ||
| Q2 25 | $189.0M | $354.4M | ||
| Q1 25 | $195.2M | $335.2M | ||
| Q4 24 | $169.9M | $371.8M | ||
| Q3 24 | $468.2M | $386.0M | ||
| Q2 24 | $181.9M | $388.6M |
总债务EFXSEE
| Q2 26 | $5.3B | — | ||
| Q4 25 | $5.1B | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | $5.0B | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B |
股东权益EFXSEE
| Q2 26 | $4.6B | — | ||
| Q4 25 | $4.6B | $1.2B | ||
| Q3 25 | $4.9B | $1.2B | ||
| Q2 25 | $5.1B | $953.1M | ||
| Q1 25 | $5.0B | $797.9M | ||
| Q4 24 | $4.8B | $624.5M | ||
| Q3 24 | $4.9B | $771.2M | ||
| Q2 24 | $4.7B | $650.1M |
总资产EFXSEE
| Q2 26 | $11.9B | — | ||
| Q4 25 | $11.9B | $7.0B | ||
| Q3 25 | $11.8B | $7.1B | ||
| Q2 25 | $11.9B | $7.2B | ||
| Q1 25 | $11.9B | $7.0B | ||
| Q4 24 | $11.8B | $7.0B | ||
| Q3 24 | $12.3B | $7.3B | ||
| Q2 24 | $12.2B | $7.3B |
负债/权益比EFXSEE
| Q2 26 | 1.16× | — | ||
| Q4 25 | 1.11× | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | 1.05× | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× |
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 | — | $293.6M |
| 自由现金流经营现金流 - 资本支出 | — | $257.7M |
| 自由现金流率自由现金流/营收 | — | 18.5% |
| 资本支出强度资本支出/营收 | 7.3% | 2.6% |
| 现金转化率经营现金流/净利润 | — | 6.70× |
| 过去12个月自由现金流最近4个季度 | — | $458.5M |
8季度趋势，按日历期对齐
经营现金流EFXSEE
| Q2 26 | — | — | ||
| Q4 25 | $470.8M | $293.6M | ||
| Q3 25 | $559.9M | $165.9M | ||
| Q2 25 | $361.1M | $136.6M | ||
| Q1 25 | $223.9M | $31.9M | ||
| Q4 24 | $324.8M | $244.2M | ||
| Q3 24 | $479.5M | $170.5M | ||
| Q2 24 | $267.5M | $188.2M |
自由现金流EFXSEE
| Q2 26 | — | — | ||
| Q4 25 | $340.8M | $257.7M | ||
| Q3 25 | $437.9M | $119.6M | ||
| Q2 25 | $238.9M | $93.2M | ||
| Q1 25 | $116.7M | $-12.0M | ||
| Q4 24 | $205.9M | $185.1M | ||
| Q3 24 | $355.5M | $115.2M | ||
| Q2 24 | $130.8M | $129.5M |
自由现金流率EFXSEE
| Q2 26 | — | — | ||
| Q4 25 | 22.0% | 18.5% | ||
| Q3 25 | 28.3% | 8.9% | ||
| Q2 25 | 15.5% | 7.0% | ||
| Q1 25 | 8.1% | -0.9% | ||
| Q4 24 | 14.5% | 13.6% | ||
| Q3 24 | 24.7% | 8.6% | ||
| Q2 24 | 9.1% | 9.7% |
资本支出强度EFXSEE
| Q2 26 | 7.3% | — | ||
| Q4 25 | 8.4% | 2.6% | ||
| Q3 25 | 7.9% | 3.4% | ||
| Q2 25 | 8.0% | 3.3% | ||
| Q1 25 | 7.4% | 3.5% | ||
| Q4 24 | 8.4% | 4.4% | ||
| Q3 24 | 8.6% | 4.1% | ||
| Q2 24 | 9.6% | 4.4% |
现金转化率EFXSEE
| Q2 26 | — | — | ||
| Q4 25 | 2.68× | 6.70× | ||
| Q3 25 | 3.50× | 0.65× | ||
| Q2 25 | 1.89× | 1.47× | ||
| Q1 25 | 1.68× | 0.28× | ||
| Q4 24 | 1.87× | — | ||
| Q3 24 | 3.39× | 1.86× | ||
| Q2 24 | 1.63× | 1.91× |
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
EFX
| Verification Services | $571.4M | 35% |
| Online Information Solutions | $448.1M | 27% |
| Other | $381.5M | 23% |
| Employer Services | $116.4M | 7% |
| Asia Pacific | $79.7M | 5% |
| Financial Marketing Services | $51.8M | 3% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
