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伊顿公司（ETN）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
伊顿公司的季度营收约是3M的1.2倍（$7.1B vs $6.0B）。伊顿公司净利率更高（16.0% vs 10.8%，领先5.2%）。伊顿公司同比增速更快（13.1% vs 1.3%）。3M自由现金流更多（$2.0B vs $1.6B）。过去两年伊顿公司的营收复合增速更高（9.0% vs -1.8%）
伊顿公司是一家总部位于爱尔兰的跨国电力管理企业，核心行政中心设在美国俄亥俄州比奇伍德，全球员工规模超过8.5万名，旗下产品销往全球175个以上国家和地区的客户市场。
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。
ETN vs MMM — 直观对比
营收规模更大
ETN
是对方的1.2倍
$6.0B
营收增速更快
ETN
高出11.8%
1.3%
净利率更高
ETN
高出5.2%
10.8%
自由现金流更多
MMM
多$453.0M
$1.6B
两年增速更快
ETN
近两年复合增速
-1.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $7.1B | $6.0B |
| 净利润 | $1.1B | $653.0M |
| 毛利率 | 36.8% | 40.7% |
| 营业利润率 | 18.3% | 23.2% |
| 净利率 | 16.0% | 10.8% |
| 营收同比 | 13.1% | 1.3% |
| 净利润同比 | 16.5% | -41.5% |
| 每股收益（稀释后） | $2.90 | $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ETNMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $7.1B | $6.1B | ||
| Q3 25 | $7.0B | $6.5B | ||
| Q2 25 | $7.0B | $6.3B | ||
| Q1 25 | $6.4B | $6.0B | ||
| Q4 24 | $6.2B | $6.0B | ||
| Q3 24 | $6.3B | $6.3B | ||
| Q2 24 | $6.3B | $6.3B |
净利润ETNMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $1.1B | $577.0M | ||
| Q3 25 | $1.0B | $834.0M | ||
| Q2 25 | $982.0M | $723.0M | ||
| Q1 25 | $964.0M | $1.1B | ||
| Q4 24 | $971.0M | $728.0M | ||
| Q3 24 | $1.0B | $1.4B | ||
| Q2 24 | $993.0M | $1.1B |
毛利率ETNMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 36.8% | 33.6% | ||
| Q3 25 | 38.3% | 41.8% | ||
| Q2 25 | 37.0% | 42.5% | ||
| Q1 25 | 38.4% | 41.6% | ||
| Q4 24 | 38.9% | 51.7% | ||
| Q3 24 | 38.6% | 42.1% | ||
| Q2 24 | 38.0% | 42.9% |
营业利润率ETNMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 18.3% | 13.0% | ||
| Q3 25 | 18.2% | 22.2% | ||
| Q2 25 | 16.9% | 18.0% | ||
| Q1 25 | 18.5% | 20.9% | ||
| Q4 24 | 18.7% | 12.2% | ||
| Q3 24 | 19.0% | 20.9% | ||
| Q2 24 | 18.8% | 20.3% |
净利率ETNMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 16.0% | 9.4% | ||
| Q3 25 | 14.5% | 12.8% | ||
| Q2 25 | 14.0% | 11.4% | ||
| Q1 25 | 15.1% | 18.7% | ||
| Q4 24 | 15.6% | 12.1% | ||
| Q3 24 | 15.9% | 21.8% | ||
| Q2 24 | 15.6% | 18.3% |
每股收益（稀释后）ETNMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $2.90 | $1.07 | ||
| Q3 25 | $2.59 | $1.55 | ||
| Q2 25 | $2.51 | $1.34 | ||
| Q1 25 | $2.45 | $2.04 | ||
| Q4 24 | $2.45 | $1.33 | ||
| Q3 24 | $2.53 | $2.48 | ||
| Q2 24 | $2.48 | $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 | $803.0M | $3.7B |
| 总债务越低越好 | $8.8B | $10.9B |
| 股东权益账面价值 | $19.4B | $3.3B |
| 总资产 | $41.3B | $35.4B |
| 负债/权益比越低杠杆越低 | 0.45× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资ETNMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $803.0M | — | ||
| Q3 25 | $565.0M | — | ||
| Q2 25 | $584.0M | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.8B | — |
总债务ETNMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | $8.8B | $12.6B | ||
| Q3 25 | $8.8B | $12.6B | ||
| Q2 25 | $8.8B | $13.1B | ||
| Q1 25 | $7.6B | $13.5B | ||
| Q4 24 | $8.5B | $13.0B | ||
| Q3 24 | $8.7B | $13.2B | ||
| Q2 24 | $8.6B | $13.1B |
股东权益ETNMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $19.4B | $4.7B | ||
| Q3 25 | $18.8B | $4.6B | ||
| Q2 25 | $18.6B | $4.3B | ||
| Q1 25 | $18.5B | $4.5B | ||
| Q4 24 | $18.5B | $3.8B | ||
| Q3 24 | $19.1B | $4.6B | ||
| Q2 24 | $19.2B | $3.9B |
总资产ETNMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $41.3B | $37.7B | ||
| Q3 25 | $40.6B | $37.6B | ||
| Q2 25 | $40.5B | $38.0B | ||
| Q1 25 | $39.2B | $40.0B | ||
| Q4 24 | $38.4B | $39.9B | ||
| Q3 24 | $39.2B | $40.9B | ||
| Q2 24 | $39.4B | $43.4B |
负债/权益比ETNMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | 0.45× | 2.68× | ||
| Q3 25 | 0.46× | 2.72× | ||
| Q2 25 | 0.47× | 3.06× | ||
| Q1 25 | 0.41× | 3.02× | ||
| Q4 24 | 0.46× | 3.40× | ||
| Q3 24 | 0.45× | 2.84× | ||
| Q2 24 | 0.45× | 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 | $2.0B | — |
| 自由现金流经营现金流 - 资本支出 | $1.6B | $2.0B |
| 自由现金流率自由现金流/营收 | 22.3% | 33.6% |
| 资本支出强度资本支出/营收 | 5.6% | — |
| 现金转化率经营现金流/净利润 | 1.74× | — |
| 过去12个月自由现金流最近4个季度 | $3.6B | $3.7B |
8季度趋势，按日历期对齐
经营现金流ETNMMM
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $918.0M | $-954.0M | ||
| Q1 25 | $238.0M | $-79.0M | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.3B | $-1.8B | ||
| Q2 24 | $946.0M | $1.0B |
自由现金流ETNMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $716.0M | $-1.2B | ||
| Q1 25 | $91.0M | $-315.0M | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.1B | $-2.0B | ||
| Q2 24 | $759.0M | $752.0M |
自由现金流率ETNMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 22.3% | 21.8% | ||
| Q3 25 | 16.8% | 23.6% | ||
| Q2 25 | 10.2% | -18.3% | ||
| Q1 25 | 1.4% | -5.3% | ||
| Q4 24 | 21.5% | 25.4% | ||
| Q3 24 | 17.7% | -32.3% | ||
| Q2 24 | 12.0% | 12.0% |
资本支出强度ETNMMM
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 4.0% | ||
| Q3 25 | 2.5% | 3.3% | ||
| Q2 25 | 2.9% | 3.3% | ||
| Q1 25 | 2.3% | 4.0% | ||
| Q4 24 | 4.1% | 4.8% | ||
| Q3 24 | 2.9% | 3.9% | ||
| Q2 24 | 2.9% | 4.3% |
现金转化率ETNMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 2.74× | ||
| Q3 25 | 1.34× | 2.11× | ||
| Q2 25 | 0.93× | -1.32× | ||
| Q1 25 | 0.25× | -0.07× | ||
| Q4 24 | 1.64× | 2.50× | ||
| Q3 24 | 1.30× | -1.30× | ||
| Q2 24 | 0.95× | 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
ETN
| Other | $1.8B | 26% |
| Electrical Global Segment | $1.7B | 24% |
| Aerospace Segment | $1.1B | 16% |
| Vehicle Segment | $586.0M | 8% |
| Original Equipment Manufacturers | $438.0M | 6% |
| Aftermarket Distribution And End User | $403.0M | 6% |
| Commercial | $341.0M | 5% |
| Industrialand Other | $269.0M | 4% |
| Passenger And Light Duty | $244.0M | 3% |
| E Mobility Segment | $124.0M | 2% |
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% |
