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FISERV INC（FISV）与林德（LIN）财务数据对比。点击上方公司名可切换其他公司
林德的季度营收约是FISERV INC的1.7倍（$8.8B vs $5.3B），林德净利率更高（17.5% vs 15.3%，领先2.1%），林德同比增速更快（5.8% vs 0.6%），林德自由现金流更多（$1.6B vs $1.5B），过去两年FISERV INC的营收复合增速更高（4.0% vs 4.0%）
Fiserv是总部位于美国威斯康星州密尔沃基的跨国金融科技企业，面向银行机构提供借记卡、信用卡交易处理、忠诚度计划管理、贷款服务、电子账单支付、电汇及ACH转账、支票存款、ATM交易处理等解决方案，同时生产借记卡、信用卡及POS终端设备。
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
FISV vs LIN — 直观对比
营收规模更大
LIN
是对方的1.7倍
$5.3B
营收增速更快
LIN
高出5.2%
0.6%
净利率更高
LIN
高出2.1%
15.3%
自由现金流更多
LIN
多$70.0M
$1.5B
两年增速更快
FISV
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.3B | $8.8B |
| 净利润 | $811.0M | $1.5B |
| 毛利率 | — | — |
| 营业利润率 | 24.4% | 23.0% |
| 净利率 | 15.3% | 17.5% |
| 营收同比 | 0.6% | 5.8% |
| 净利润同比 | -13.5% | -11.3% |
| 每股收益（稀释后） | $1.51 | $3.28 |
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FISVLIN
| Q4 25 | $5.3B | $8.8B | ||
| Q3 25 | $5.3B | $8.6B | ||
| Q2 25 | $5.5B | $8.5B | ||
| Q1 25 | $5.1B | $8.1B | ||
| Q4 24 | $5.3B | $8.3B | ||
| Q3 24 | $5.2B | $8.4B | ||
| Q2 24 | $5.1B | $8.3B | ||
| Q1 24 | $4.9B | $8.1B |
净利润FISVLIN
| Q4 25 | $811.0M | $1.5B | ||
| Q3 25 | $792.0M | $1.9B | ||
| Q2 25 | $1.0B | $1.8B | ||
| Q1 25 | $851.0M | $1.7B | ||
| Q4 24 | $938.0M | $1.7B | ||
| Q3 24 | $564.0M | $1.6B | ||
| Q2 24 | $894.0M | $1.7B | ||
| Q1 24 | $735.0M | $1.6B |
营业利润率FISVLIN
| Q4 25 | 24.4% | 23.0% | ||
| Q3 25 | 27.3% | 27.5% | ||
| Q2 25 | 30.7% | 27.7% | ||
| Q1 25 | 27.2% | 26.9% | ||
| Q4 24 | 31.8% | 27.4% | ||
| Q3 24 | 30.7% | 25.0% | ||
| Q2 24 | 28.0% | 26.4% | ||
| Q1 24 | 24.2% | 25.9% |
净利率FISVLIN
| Q4 25 | 15.3% | 17.5% | ||
| Q3 25 | 15.0% | 22.4% | ||
| Q2 25 | 18.6% | 20.8% | ||
| Q1 25 | 16.6% | 20.6% | ||
| Q4 24 | 17.9% | 20.8% | ||
| Q3 24 | 10.8% | 18.5% | ||
| Q2 24 | 17.5% | 20.1% | ||
| Q1 24 | 15.1% | 20.1% |
每股收益（稀释后）FISVLIN
| Q4 25 | $1.51 | $3.28 | ||
| Q3 25 | $1.46 | $4.09 | ||
| Q2 25 | $1.86 | $3.73 | ||
| Q1 25 | $1.51 | $3.51 | ||
| Q4 24 | $1.63 | $3.61 | ||
| Q3 24 | $0.98 | $3.22 | ||
| Q2 24 | $1.53 | $3.44 | ||
| Q1 24 | $1.24 | $3.35 |
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 | $798.0M | $5.1B |
| 总债务越低越好 | $27.8B | $20.7B |
| 股东权益账面价值 | $25.8B | $38.2B |
| 总资产 | $80.1B | $86.8B |
| 负债/权益比越低杠杆越低 | 1.08× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资FISVLIN
| Q4 25 | $798.0M | $5.1B | ||
| Q3 25 | $1.1B | $4.5B | ||
| Q2 25 | $999.0M | $4.8B | ||
| Q1 25 | $1.2B | $5.3B | ||
| Q4 24 | $1.2B | $4.8B | ||
| Q3 24 | $1.2B | $5.2B | ||
| Q2 24 | $1.2B | $4.6B | ||
| Q1 24 | $1.2B | $4.8B |
总债务FISVLIN
| Q4 25 | $27.8B | $20.7B | ||
| Q3 25 | $28.9B | $18.6B | ||
| Q2 25 | $28.1B | $19.7B | ||
| Q1 25 | $27.0B | $17.6B | ||
| Q4 24 | $23.7B | $15.3B | ||
| Q3 24 | $24.1B | $17.5B | ||
| Q2 24 | $24.4B | $16.9B | ||
| Q1 24 | $23.8B | $15.2B |
股东权益FISVLIN
| Q4 25 | $25.8B | $38.2B | ||
| Q3 25 | $25.1B | $38.6B | ||
| Q2 25 | $25.2B | $38.5B | ||
| Q1 25 | $25.9B | $38.0B | ||
| Q4 24 | $27.1B | $38.1B | ||
| Q3 24 | $27.8B | $39.2B | ||
| Q2 24 | $28.2B | $38.2B | ||
| Q1 24 | $28.8B | $38.8B |
总资产FISVLIN
| Q4 25 | $80.1B | $86.8B | ||
| Q3 25 | $79.4B | $86.0B | ||
| Q2 25 | $81.5B | $86.1B | ||
| Q1 25 | $80.4B | $82.7B | ||
| Q4 24 | $77.2B | $80.1B | ||
| Q3 24 | $79.8B | $82.5B | ||
| Q2 24 | $93.4B | $80.2B | ||
| Q1 24 | $92.7B | $80.3B |
负债/权益比FISVLIN
| Q4 25 | 1.08× | 0.54× | ||
| Q3 25 | 1.15× | 0.48× | ||
| Q2 25 | 1.11× | 0.51× | ||
| Q1 25 | 1.04× | 0.46× | ||
| Q4 24 | 0.88× | 0.40× | ||
| Q3 24 | 0.87× | 0.45× | ||
| Q2 24 | 0.87× | 0.44× | ||
| Q1 24 | 0.82× | 0.39× |
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 | $1.9B | $3.0B |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $1.6B |
| 自由现金流率自由现金流/营收 | 28.4% | 17.9% |
| 资本支出强度资本支出/营收 | 8.4% | 16.6% |
| 现金转化率经营现金流/净利润 | 2.40× | 1.98× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $5.1B |
8季度趋势，按日历期对齐
经营现金流FISVLIN
| Q4 25 | $1.9B | $3.0B | ||
| Q3 25 | $1.8B | $2.9B | ||
| Q2 25 | $1.7B | $2.2B | ||
| Q1 25 | $648.0M | $2.2B | ||
| Q4 24 | $2.2B | $2.8B | ||
| Q3 24 | $2.2B | $2.7B | ||
| Q2 24 | $1.3B | $1.9B | ||
| Q1 24 | $831.0M | $2.0B |
自由现金流FISVLIN
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.2B | $954.0M | ||
| Q1 25 | $313.0M | $891.0M | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $993.0M | $796.0M | ||
| Q1 24 | $411.0M | $906.0M |
自由现金流率FISVLIN
| Q4 25 | 28.4% | 17.9% | ||
| Q3 25 | 24.7% | 19.4% | ||
| Q2 25 | 21.5% | 11.2% | ||
| Q1 25 | 6.1% | 11.0% | ||
| Q4 24 | 34.7% | 18.8% | ||
| Q3 24 | 35.2% | 19.9% | ||
| Q2 24 | 19.4% | 9.6% | ||
| Q1 24 | 8.4% | 11.2% |
资本支出强度FISVLIN
| Q4 25 | 8.4% | 16.6% | ||
| Q3 25 | 9.6% | 14.8% | ||
| Q2 25 | 8.7% | 14.8% | ||
| Q1 25 | 6.5% | 15.7% | ||
| Q4 24 | 7.6% | 15.1% | ||
| Q3 24 | 7.7% | 12.8% | ||
| Q2 24 | 6.8% | 13.7% | ||
| Q1 24 | 8.6% | 12.9% |
现金转化率FISVLIN
| Q4 25 | 2.40× | 1.98× | ||
| Q3 25 | 2.28× | 1.53× | ||
| Q2 25 | 1.62× | 1.25× | ||
| Q1 25 | 0.76× | 1.29× | ||
| Q4 24 | 2.37× | 1.63× | ||
| Q3 24 | 3.97× | 1.76× | ||
| Q2 24 | 1.50× | 1.16× | ||
| Q1 24 | 1.13× | 1.20× |
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
FISV
| Small Business | $1.7B | 32% |
| Products | $1.0B | 19% |
| Digital Payments | $960.0M | 18% |
| Issuing | $792.0M | 15% |
| Enterprise | $587.0M | 11% |
| Processing | $265.0M | 5% |
| Affiliated Entity | $18.0M | 0% |
LIN
| Other | $4.9B | 56% |
| Packaged Gas | $1.6B | 19% |
| Merchant | $1.2B | 14% |
| On Site | $950.0M | 11% |
| Other Distribution Methods | $64.0M | 1% |
