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雅诗兰黛（EL）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
雅诗兰黛的季度营收约是史丹利百得的1.1倍（$4.2B vs $3.8B），雅诗兰黛净利率更高（3.8% vs 1.4%，领先2.5%），雅诗兰黛同比增速更快（5.6% vs 0.1%），雅诗兰黛自由现金流更多（$1.0B vs $155.3M），过去两年雅诗兰黛的营收复合增速更高（3.6% vs 0.3%）
雅诗兰黛是全球知名的高端美妆集团，由创始人雅诗·兰黛女士与丈夫约瑟夫·劳特共同创立。雅诗·兰黛女士也是唯一一位登上《时代》杂志1998年“20世纪20位最具影响力商业天才”榜单的女性，集团旗下拥有多个知名美妆、护肤、香氛品牌，业务覆盖全球众多国家和地区。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
EL vs SWK — 直观对比
营收规模更大
EL
是对方的1.1倍
$3.8B
营收增速更快
EL
高出5.5%
0.1%
净利率更高
EL
高出2.5%
1.4%
自由现金流更多
EL
多$861.7M
$155.3M
两年增速更快
EL
近两年复合增速
0.3%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $3.8B |
| 净利润 | $162.0M | $51.4M |
| 毛利率 | 76.5% | 31.4% |
| 营业利润率 | 9.5% | — |
| 净利率 | 3.8% | 1.4% |
| 营收同比 | 5.6% | 0.1% |
| 净利润同比 | 127.5% | -43.6% |
| 每股收益（稀释后） | $0.44 | $0.34 |
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ELSWK
| Q4 25 | $4.2B | — | ||
| Q3 25 | $3.5B | $3.8B | ||
| Q2 25 | $3.4B | $3.9B | ||
| Q1 25 | $3.5B | $3.7B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $3.4B | $3.8B | ||
| Q2 24 | $3.9B | $4.0B | ||
| Q1 24 | $3.9B | $3.9B |
净利润ELSWK
| Q4 25 | $162.0M | — | ||
| Q3 25 | $47.0M | $51.4M | ||
| Q2 25 | $-546.0M | $101.9M | ||
| Q1 25 | $159.0M | $90.4M | ||
| Q4 24 | $-590.0M | $194.9M | ||
| Q3 24 | $-156.0M | $91.1M | ||
| Q2 24 | $-286.0M | $-11.2M | ||
| Q1 24 | $335.0M | $19.5M |
毛利率ELSWK
| Q4 25 | 76.5% | — | ||
| Q3 25 | 73.4% | 31.4% | ||
| Q2 25 | 72.0% | 27.0% | ||
| Q1 25 | 75.0% | 29.9% | ||
| Q4 24 | 76.1% | 30.8% | ||
| Q3 24 | 72.4% | 29.9% | ||
| Q2 24 | 71.8% | 28.4% | ||
| Q1 24 | 71.9% | 28.6% |
营业利润率ELSWK
| Q4 25 | 9.5% | — | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | -11.4% | — | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | -14.5% | 3.4% | ||
| Q3 24 | -3.6% | 10.6% | ||
| Q2 24 | -6.0% | 9.5% | ||
| Q1 24 | 13.5% | 8.3% |
净利率ELSWK
| Q4 25 | 3.8% | — | ||
| Q3 25 | 1.4% | 1.4% | ||
| Q2 25 | -16.0% | 2.6% | ||
| Q1 25 | 4.5% | 2.4% | ||
| Q4 24 | -14.7% | 5.2% | ||
| Q3 24 | -4.6% | 2.4% | ||
| Q2 24 | -7.4% | -0.3% | ||
| Q1 24 | 8.5% | 0.5% |
每股收益（稀释后）ELSWK
| Q4 25 | $0.44 | — | ||
| Q3 25 | $0.13 | $0.34 | ||
| Q2 25 | $-1.52 | $0.67 | ||
| Q1 25 | $0.44 | $0.60 | ||
| Q4 24 | $-1.64 | $1.29 | ||
| Q3 24 | $-0.43 | $0.60 | ||
| Q2 24 | $-0.79 | $-0.07 | ||
| Q1 24 | $0.91 | $0.13 |
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 | — | $268.3M |
| 总债务越低越好 | $7.3B | $5.3B |
| 股东权益账面价值 | $4.0B | $9.0B |
| 总资产 | $19.6B | $21.8B |
| 负债/权益比越低杠杆越低 | 1.82× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资ELSWK
| Q4 25 | — | — | ||
| Q3 25 | — | $268.3M | ||
| Q2 25 | — | $311.8M | ||
| Q1 25 | — | $344.8M | ||
| Q4 24 | — | $290.5M | ||
| Q3 24 | — | $298.7M | ||
| Q2 24 | — | $318.5M | ||
| Q1 24 | — | $476.6M |
总债务ELSWK
| Q4 25 | $7.3B | — | ||
| Q3 25 | $7.3B | $5.3B | ||
| Q2 25 | $7.3B | $5.6B | ||
| Q1 25 | $7.3B | $5.6B | ||
| Q4 24 | $7.3B | $6.1B | ||
| Q3 24 | $7.3B | $6.1B | ||
| Q2 24 | $7.3B | $6.1B | ||
| Q1 24 | $7.3B | $6.1B |
股东权益ELSWK
| Q4 25 | $4.0B | — | ||
| Q3 25 | $3.9B | $9.0B | ||
| Q2 25 | $3.9B | $9.1B | ||
| Q1 25 | $4.3B | $8.8B | ||
| Q4 24 | $4.2B | $8.7B | ||
| Q3 24 | $5.1B | $8.9B | ||
| Q2 24 | $5.3B | $8.7B | ||
| Q1 24 | $5.7B | $8.9B |
总资产ELSWK
| Q4 25 | $19.6B | — | ||
| Q3 25 | $19.3B | $21.8B | ||
| Q2 25 | $19.9B | $22.5B | ||
| Q1 25 | $19.9B | $22.5B | ||
| Q4 24 | $19.8B | $21.8B | ||
| Q3 24 | $21.3B | $22.5B | ||
| Q2 24 | $21.7B | $22.5B | ||
| Q1 24 | $22.7B | $23.9B |
负债/权益比ELSWK
| Q4 25 | 1.82× | — | ||
| Q3 25 | 1.88× | 0.59× | ||
| Q2 25 | 1.89× | 0.62× | ||
| Q1 25 | 1.68× | 0.63× | ||
| Q4 24 | 1.75× | 0.70× | ||
| Q3 24 | 1.44× | 0.69× | ||
| Q2 24 | 1.37× | 0.70× | ||
| Q1 24 | 1.26× | 0.69× |
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 | $1.1B | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $155.3M |
| 自由现金流率自由现金流/营收 | 24.0% | 4.1% |
| 资本支出强度资本支出/营收 | 2.6% | 1.8% |
| 现金转化率经营现金流/净利润 | 6.94× | 4.30× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $369.6M |
8季度趋势，按日历期对齐
经营现金流ELSWK
| Q4 25 | $1.1B | — | ||
| Q3 25 | $-340.0M | $221.2M | ||
| Q2 25 | $601.0M | $214.3M | ||
| Q1 25 | $284.0M | $-420.0M | ||
| Q4 24 | $1.1B | $679.1M | ||
| Q3 24 | $-670.0M | $285.8M | ||
| Q2 24 | $889.0M | $573.0M | ||
| Q1 24 | $534.0M | $-431.0M |
自由现金流ELSWK
| Q4 25 | $1.0B | — | ||
| Q3 25 | $-436.0M | $155.3M | ||
| Q2 25 | $394.0M | $134.7M | ||
| Q1 25 | $162.0M | $-485.0M | ||
| Q4 24 | $925.0M | $564.6M | ||
| Q3 24 | $-811.0M | $199.3M | ||
| Q2 24 | $672.0M | $485.8M | ||
| Q1 24 | $359.0M | $-496.7M |
自由现金流率ELSWK
| Q4 25 | 24.0% | — | ||
| Q3 25 | -12.5% | 4.1% | ||
| Q2 25 | 11.6% | 3.4% | ||
| Q1 25 | 4.6% | -13.0% | ||
| Q4 24 | 23.1% | 15.2% | ||
| Q3 24 | -24.1% | 5.3% | ||
| Q2 24 | 17.4% | 12.1% | ||
| Q1 24 | 9.1% | -12.8% |
资本支出强度ELSWK
| Q4 25 | 2.6% | — | ||
| Q3 25 | 2.8% | 1.8% | ||
| Q2 25 | 6.1% | 2.0% | ||
| Q1 25 | 3.4% | 1.7% | ||
| Q4 24 | 3.3% | 3.1% | ||
| Q3 24 | 4.2% | 2.3% | ||
| Q2 24 | 5.6% | 2.2% | ||
| Q1 24 | 4.4% | 1.7% |
现金转化率ELSWK
| Q4 25 | 6.94× | — | ||
| Q3 25 | -7.23× | 4.30× | ||
| Q2 25 | — | 2.10× | ||
| Q1 25 | 1.79× | -4.65× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | — | 3.14× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.59× | -22.10× |
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
EL
| Skin Care | $2.1B | 49% |
| Makeup | $1.2B | 28% |
| Fragrance | $812.0M | 19% |
| Hair Care | $168.0M | 4% |
| Other | $31.0M | 1% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
