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艾默生（EMR）与M&T Bank（MTB）财务数据对比。点击上方公司名可切换其他公司
艾默生的季度营收约是M&T Bank的1.8倍（$4.3B vs $2.5B），M&T Bank净利率更高（30.7% vs 13.9%，领先16.7%），艾默生同比增速更快（4.1% vs 3.8%），过去两年M&T Bank的营收复合增速更高（4.6% vs -0.3%）
艾默生是总部位于美国密苏里州圣路易斯的世界500强跨国企业，业务涵盖工业自动化设备、暖通控制系统、精密测量仪器的研发制造，同时面向工业、商业、消费级市场提供工程服务及对应软件工程解决方案。
M&T银行是总部位于美国纽约州布法罗的银行控股企业，业务覆盖美国东部从缅因州到弗吉尼亚州的12个州及华盛顿特区，运营超过950家线下网点。其控股主体1998年5月前名为第一帝国州公司，之后更为现名。
EMR vs MTB — 直观对比
营收规模更大
EMR
是对方的1.8倍
$2.5B
营收增速更快
EMR
高出0.3%
3.8%
净利率更高
MTB
高出16.7%
13.9%
两年增速更快
MTB
近两年复合增速
-0.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $2.5B |
| 净利润 | $605.0M | $759.0M |
| 毛利率 | 53.2% | — |
| 营业利润率 | 17.8% | 39.2% |
| 净利率 | 13.9% | 30.7% |
| 营收同比 | 4.1% | 3.8% |
| 净利润同比 | 3.4% | 11.5% |
| 每股收益（稀释后） | $1.07 | $4.62 |
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EMRMTB
| Q4 25 | $4.3B | $2.5B | ||
| Q3 25 | $4.9B | $2.5B | ||
| Q2 25 | $4.6B | $2.4B | ||
| Q1 25 | $4.4B | $2.3B | ||
| Q4 24 | $4.2B | $2.4B | ||
| Q3 24 | $4.6B | $2.3B | ||
| Q2 24 | $4.4B | $2.3B | ||
| Q1 24 | $4.4B | $2.3B |
净利润EMRMTB
| Q4 25 | $605.0M | $759.0M | ||
| Q3 25 | $637.0M | $792.0M | ||
| Q2 25 | $586.0M | $716.0M | ||
| Q1 25 | $485.0M | $584.0M | ||
| Q4 24 | $585.0M | $681.0M | ||
| Q3 24 | $996.0M | $721.0M | ||
| Q2 24 | $329.0M | $655.0M | ||
| Q1 24 | $501.0M | $531.0M |
毛利率EMRMTB
| Q4 25 | 53.2% | — | ||
| Q3 25 | 51.9% | — | ||
| Q2 25 | 52.6% | — | ||
| Q1 25 | 53.5% | — | ||
| Q4 24 | 53.5% | — | ||
| Q3 24 | 51.3% | — | ||
| Q2 24 | 52.8% | — | ||
| Q1 24 | 52.2% | — |
营业利润率EMRMTB
| Q4 25 | 17.8% | 39.2% | ||
| Q3 25 | 16.4% | 40.8% | ||
| Q2 25 | 16.1% | 39.0% | ||
| Q1 25 | 14.2% | 33.0% | ||
| Q4 24 | 18.6% | 37.0% | ||
| Q3 24 | 14.7% | 39.0% | ||
| Q2 24 | 10.4% | 37.1% | ||
| Q1 24 | 16.2% | 29.4% |
净利率EMRMTB
| Q4 25 | 13.9% | 30.7% | ||
| Q3 25 | 13.1% | 31.5% | ||
| Q2 25 | 12.9% | 29.9% | ||
| Q1 25 | 10.9% | 25.3% | ||
| Q4 24 | 14.0% | 28.6% | ||
| Q3 24 | 21.6% | 30.9% | ||
| Q2 24 | 7.5% | 28.5% | ||
| Q1 24 | 11.4% | 23.5% |
每股收益（稀释后）EMRMTB
| Q4 25 | $1.07 | $4.62 | ||
| Q3 25 | $1.12 | $4.82 | ||
| Q2 25 | $1.04 | $4.24 | ||
| Q1 25 | $0.86 | $3.32 | ||
| Q4 24 | $1.02 | $3.87 | ||
| Q3 24 | $1.74 | $4.02 | ||
| Q2 24 | $0.57 | $3.73 | ||
| Q1 24 | $0.87 | $3.02 |
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 | — | — |
| 总债务越低越好 | $7.6B | $10.9B |
| 股东权益账面价值 | $20.3B | $29.2B |
| 总资产 | $41.9B | $213.5B |
| 负债/权益比越低杠杆越低 | 0.37× | 0.37× |
8季度趋势，按日历期对齐
总债务EMRMTB
| Q4 25 | $7.6B | $10.9B | ||
| Q3 25 | $8.9B | $12.9B | ||
| Q2 25 | $8.3B | $12.4B | ||
| Q1 25 | $8.2B | $10.5B | ||
| Q4 24 | $6.6B | $12.6B | ||
| Q3 24 | $7.7B | $11.6B | ||
| Q2 24 | $7.1B | $11.3B | ||
| Q1 24 | $7.6B | $11.4B |
股东权益EMRMTB
| Q4 25 | $20.3B | $29.2B | ||
| Q3 25 | $20.3B | $28.7B | ||
| Q2 25 | $19.9B | $28.5B | ||
| Q1 25 | $19.2B | $29.0B | ||
| Q4 24 | $20.5B | $29.0B | ||
| Q3 24 | $21.6B | $28.9B | ||
| Q2 24 | $20.8B | $28.4B | ||
| Q1 24 | $20.9B | $27.2B |
总资产EMRMTB
| Q4 25 | $41.9B | $213.5B | ||
| Q3 25 | $42.0B | $211.3B | ||
| Q2 25 | $42.5B | $211.6B | ||
| Q1 25 | $42.0B | $210.3B | ||
| Q4 24 | $42.6B | $208.1B | ||
| Q3 24 | $44.2B | $211.8B | ||
| Q2 24 | $45.6B | $208.9B | ||
| Q1 24 | $46.4B | $215.1B |
负债/权益比EMRMTB
| Q4 25 | 0.37× | 0.37× | ||
| Q3 25 | 0.44× | 0.45× | ||
| Q2 25 | 0.42× | 0.43× | ||
| Q1 25 | 0.42× | 0.36× | ||
| Q4 24 | 0.32× | 0.43× | ||
| Q3 24 | 0.36× | 0.40× | ||
| Q2 24 | 0.34× | 0.40× | ||
| Q1 24 | 0.36× | 0.42× |
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 | $699.0M | $3.0B |
| 自由现金流经营现金流 - 资本支出 | $602.0M | — |
| 自由现金流率自由现金流/营收 | 13.9% | — |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 1.16× | 3.96× |
| 过去12个月自由现金流最近4个季度 | $4.4B | — |
8季度趋势，按日历期对齐
经营现金流EMRMTB
| Q4 25 | $699.0M | $3.0B | ||
| Q3 25 | $3.1B | $1.0B | ||
| Q2 25 | $1.1B | $844.0M | ||
| Q1 25 | $241.0M | $635.0M | ||
| Q4 24 | $777.0M | $3.6B | ||
| Q3 24 | $3.3B | $-28.0M | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $743.0M | $608.0M |
自由现金流EMRMTB
| Q4 25 | $602.0M | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $977.0M | — | ||
| Q1 25 | $154.0M | — | ||
| Q4 24 | $694.0M | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $998.0M | — | ||
| Q1 24 | $661.0M | — |
自由现金流率EMRMTB
| Q4 25 | 13.9% | — | ||
| Q3 25 | 54.9% | — | ||
| Q2 25 | 21.5% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 63.1% | — | ||
| Q2 24 | 22.8% | — | ||
| Q1 24 | 15.1% | — |
资本支出强度EMRMTB
| Q4 25 | 2.2% | — | ||
| Q3 25 | 8.9% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 1.9% | — |
现金转化率EMRMTB
| Q4 25 | 1.16× | 3.96× | ||
| Q3 25 | 4.86× | 1.26× | ||
| Q2 25 | 1.83× | 1.18× | ||
| Q1 25 | 0.50× | 1.09× | ||
| Q4 24 | 1.33× | 5.30× | ||
| Q3 24 | 3.35× | -0.04× | ||
| Q2 24 | 3.31× | 2.07× | ||
| Q1 24 | 1.48× | 1.15× |
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
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
MTB
暂无分部数据
