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Ferguson Enterprises Inc.（FERG）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是Ferguson Enterprises Inc.的1.0倍（$7.7B vs $7.5B），Ferguson Enterprises Inc.净利率更高（5.5% vs 0.8%，领先4.7%），Ferguson Enterprises Inc.同比增速更快（3.6% vs 0.7%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs 1.1%）
Ferguson Enterprises Inc.总部位于美国弗吉尼亚州纽波特纽斯，注册地为特拉华州，是美国规模最大的水暖、暖通空调、家电、照明、管材管件、给排水产品分销商。公司95%营收来自美国本土，5%来自加拿大，拥有3.6万家供应商，运营11个区域配送中心、4个主配送中心及近5900个营业网点。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
FERG vs SW — 直观对比
营收规模更大
SW
是对方的1.0倍
$7.5B
营收增速更快
FERG
高出2.9%
0.7%
净利率更高
FERG
高出4.7%
0.8%
两年增速更快
SW
近两年复合增速
1.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.5B | $7.7B |
| 净利润 | $414.0M | $63.0M |
| 毛利率 | 31.0% | 16.4% |
| 营业利润率 | 8.2% | 3.3% |
| 净利率 | 5.5% | 0.8% |
| 营收同比 | 3.6% | 0.7% |
| 净利润同比 | 20.0% | — |
| 每股收益（稀释后） | $2.13 | $0.12 |
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FERGSW
| Q1 26 | $7.5B | $7.7B | ||
| Q4 25 | $8.2B | $7.6B | ||
| Q3 25 | $8.5B | $8.0B | ||
| Q2 25 | $7.6B | $7.9B | ||
| Q1 25 | $6.9B | $7.7B | ||
| Q4 24 | $7.8B | $7.5B | ||
| Q3 24 | $7.9B | $7.7B | ||
| Q2 24 | $7.3B | $3.0B |
净利润FERGSW
| Q1 26 | $414.0M | $63.0M | ||
| Q4 25 | $570.0M | $97.0M | ||
| Q3 25 | $700.0M | $246.0M | ||
| Q2 25 | $410.0M | $-28.0M | ||
| Q1 25 | $276.0M | $384.0M | ||
| Q4 24 | $470.0M | $146.0M | ||
| Q3 24 | $451.0M | $-150.0M | ||
| Q2 24 | $443.0M | $132.0M |
毛利率FERGSW
| Q1 26 | 31.0% | 16.4% | ||
| Q4 25 | 30.7% | 18.2% | ||
| Q3 25 | 31.7% | 19.6% | ||
| Q2 25 | 31.0% | 19.1% | ||
| Q1 25 | 29.7% | 20.6% | ||
| Q4 24 | 30.1% | 19.1% | ||
| Q3 24 | 31.0% | 17.6% | ||
| Q2 24 | 30.5% | 23.3% |
营业利润率FERGSW
| Q1 26 | 8.2% | 3.3% | ||
| Q4 25 | 9.4% | 5.1% | ||
| Q3 25 | 10.9% | 6.6% | ||
| Q2 25 | 8.0% | 3.2% | ||
| Q1 25 | 6.0% | 7.2% | ||
| Q4 24 | 8.6% | 5.3% | ||
| Q3 24 | 10.2% | 0.7% | ||
| Q2 24 | 8.6% | 8.2% |
净利率FERGSW
| Q1 26 | 5.5% | 0.8% | ||
| Q4 25 | 7.0% | 1.3% | ||
| Q3 25 | 8.2% | 3.1% | ||
| Q2 25 | 5.4% | -0.4% | ||
| Q1 25 | 4.0% | 5.0% | ||
| Q4 24 | 6.0% | 1.9% | ||
| Q3 24 | 5.7% | -2.0% | ||
| Q2 24 | 6.1% | 4.4% |
每股收益（稀释后）FERGSW
| Q1 26 | $2.13 | $0.12 | ||
| Q4 25 | $2.90 | $0.18 | ||
| Q3 25 | $3.53 | $0.47 | ||
| Q2 25 | $2.07 | $-0.05 | ||
| Q1 25 | $1.38 | $0.73 | ||
| Q4 24 | $2.34 | $-0.12 | ||
| Q3 24 | $2.23 | $-0.30 | ||
| Q2 24 | $2.18 | $0.51 |
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 | $-820.0M | — |
| 总债务越低越好 | $4.1B | $980.0M |
| 股东权益账面价值 | $5.9B | $18.1B |
| 总资产 | $17.8B | $45.2B |
| 负债/权益比越低杠杆越低 | 0.70× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资FERGSW
| Q1 26 | $-820.0M | — | ||
| Q4 25 | $526.0M | $892.0M | ||
| Q3 25 | $674.0M | $851.0M | ||
| Q2 25 | $519.0M | $778.0M | ||
| Q1 25 | $764.0M | $797.0M | ||
| Q4 24 | $601.0M | $855.0M | ||
| Q3 24 | $571.0M | — | ||
| Q2 24 | — | $26.8K |
总债务FERGSW
| Q1 26 | $4.1B | $980.0M | ||
| Q4 25 | — | $13.4B | ||
| Q3 25 | $4.2B | $13.3B | ||
| Q2 25 | — | $13.3B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | $4.0B | $13.2B | ||
| Q2 24 | — | — |
股东权益FERGSW
| Q1 26 | $5.9B | $18.1B | ||
| Q4 25 | $6.1B | $18.3B | ||
| Q3 25 | $5.8B | $18.4B | ||
| Q2 25 | $5.5B | $18.3B | ||
| Q1 25 | $5.5B | $17.9B | ||
| Q4 24 | $5.7B | $17.4B | ||
| Q3 24 | $5.6B | $18.0B | ||
| Q2 24 | $5.5B | $14.5K |
总资产FERGSW
| Q1 26 | $17.8B | $45.2B | ||
| Q4 25 | $17.7B | $45.2B | ||
| Q3 25 | $17.7B | $45.6B | ||
| Q2 25 | $17.3B | $45.7B | ||
| Q1 25 | $16.5B | $44.6B | ||
| Q4 24 | $16.9B | $43.8B | ||
| Q3 24 | $16.6B | $45.0B | ||
| Q2 24 | — | $26.8K |
负债/权益比FERGSW
| Q1 26 | 0.70× | 0.05× | ||
| Q4 25 | — | 0.73× | ||
| Q3 25 | 0.72× | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | 0.70× | 0.73× | ||
| Q2 24 | — | — |
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 | $772.0M | $204.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 1.86× | 3.24× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FERGSW
| Q1 26 | $772.0M | $204.0M | ||
| Q4 25 | $430.0M | $1.2B | ||
| Q3 25 | $541.0M | $1.1B | ||
| Q2 25 | $682.0M | $829.0M | ||
| Q1 25 | $340.0M | $235.0M | ||
| Q4 24 | $345.0M | $781.0M | ||
| Q3 24 | — | $320.0M | ||
| Q2 24 | — | $340.0M |
自由现金流FERGSW
| Q1 26 | — | — | ||
| Q4 25 | $312.0M | $612.0M | ||
| Q3 25 | — | $523.0M | ||
| Q2 25 | $605.0M | $307.0M | ||
| Q1 25 | $259.0M | $-242.0M | ||
| Q4 24 | $268.0M | $212.0M | ||
| Q3 24 | — | $-192.0M | ||
| Q2 24 | — | $163.0M |
自由现金流率FERGSW
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 8.1% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | 7.9% | 3.9% | ||
| Q1 25 | 3.8% | -3.2% | ||
| Q4 24 | 3.4% | 2.8% | ||
| Q3 24 | — | -2.5% | ||
| Q2 24 | — | 5.5% |
资本支出强度FERGSW
| Q1 26 | 1.2% | — | ||
| Q4 25 | 1.4% | 7.7% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | 1.0% | 6.6% | ||
| Q1 25 | 1.2% | 6.2% | ||
| Q4 24 | 1.0% | 7.5% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 6.0% |
现金转化率FERGSW
| Q1 26 | 1.86× | 3.24× | ||
| Q4 25 | 0.75× | 12.32× | ||
| Q3 25 | 0.77× | 4.61× | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | 1.23× | 0.61× | ||
| Q4 24 | 0.73× | 5.35× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.58× |
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
FERG
| US | $7.1B | 96% |
| Canada | $326.0M | 4% |
SW
暂无分部数据
