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伟创力（FLEX）与通用动力（GD）财务数据对比。点击上方公司名可切换其他公司
通用动力的季度营收约是伟创力的1.9倍（$13.5B vs $7.1B），通用动力净利率更高（8.3% vs 3.4%，领先5.0%），通用动力同比增速更快（10.3% vs 7.7%），通用动力自由现金流更多（$2.0B vs $272.0M），过去两年伟创力的营收复合增速更高（25.2% vs 6.1%）
伟创力（Flex Ltd.）是一家拥有新加坡与美国背景的跨国制造企业，按营收计算为全球第三大电子制造服务（EMS）及原始设计制造商（ODM），仅次于和硕。其美国总部位于得克萨斯州奥斯汀，在30多个国家设有生产基地，员工总数约17.2万人。
通用动力是总部位于美国弗吉尼亚州雷斯顿的工业科技企业，是全球领先的先进军工装备研发生产商，产品覆盖核潜艇、主战坦克、装甲战车等多种品类，同时生产湾流系列公务机，也提供信息技术服务，位列美国前百名国防承包商第三位。
FLEX vs GD — 直观对比
营收规模更大
GD
是对方的1.9倍
$7.1B
营收增速更快
GD
高出2.6%
7.7%
净利率更高
GD
高出5.0%
3.4%
自由现金流更多
GD
多$1.7B
$272.0M
两年增速更快
FLEX
近两年复合增速
6.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.1B | $13.5B |
| 净利润 | $239.0M | $1.1B |
| 毛利率 | 9.6% | — |
| 营业利润率 | 5.5% | 10.5% |
| 净利率 | 3.4% | 8.3% |
| 营收同比 | 7.7% | 10.3% |
| 净利润同比 | -9.1% | 13.2% |
| 每股收益（稀释后） | $0.64 | $4.10 |
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FLEXGD
| Q1 26 | — | $13.5B | ||
| Q4 25 | $7.1B | $14.4B | ||
| Q3 25 | $6.8B | $12.9B | ||
| Q2 25 | $6.6B | $13.0B | ||
| Q1 25 | $6.4B | $12.2B | ||
| Q4 24 | $6.6B | $13.3B | ||
| Q3 24 | $6.5B | $11.7B | ||
| Q2 24 | $6.3B | $12.0B |
净利润FLEXGD
| Q1 26 | — | $1.1B | ||
| Q4 25 | $239.0M | $1.1B | ||
| Q3 25 | $199.0M | $1.1B | ||
| Q2 25 | $192.0M | $1.0B | ||
| Q1 25 | $222.0M | $994.0M | ||
| Q4 24 | $263.0M | $1.1B | ||
| Q3 24 | $214.0M | $930.0M | ||
| Q2 24 | $139.0M | $905.0M |
毛利率FLEXGD
| Q1 26 | — | — | ||
| Q4 25 | 9.6% | — | ||
| Q3 25 | 9.0% | — | ||
| Q2 25 | 8.7% | — | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 7.5% | — |
营业利润率FLEXGD
| Q1 26 | — | 10.5% | ||
| Q4 25 | 5.5% | 10.1% | ||
| Q3 25 | 4.4% | 10.3% | ||
| Q2 25 | 4.7% | 10.0% | ||
| Q1 25 | 4.8% | 10.4% | ||
| Q4 24 | 5.1% | 10.7% | ||
| Q3 24 | 4.5% | 10.1% | ||
| Q2 24 | 3.7% | 9.7% |
净利率FLEXGD
| Q1 26 | — | 8.3% | ||
| Q4 25 | 3.4% | 7.9% | ||
| Q3 25 | 2.9% | 8.2% | ||
| Q2 25 | 2.9% | 7.8% | ||
| Q1 25 | 3.5% | 8.1% | ||
| Q4 24 | 4.0% | 8.6% | ||
| Q3 24 | 3.3% | 8.0% | ||
| Q2 24 | 2.2% | 7.6% |
每股收益（稀释后）FLEXGD
| Q1 26 | — | $4.10 | ||
| Q4 25 | $0.64 | — | ||
| Q3 25 | $0.52 | — | ||
| Q2 25 | $0.50 | — | ||
| Q1 25 | $0.56 | — | ||
| Q4 24 | $0.67 | — | ||
| Q3 24 | $0.54 | — | ||
| Q2 24 | $0.34 | — |
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 | $3.1B | $3.7B |
| 总债务越低越好 | $4.4B | $6.3B |
| 股东权益账面价值 | $5.1B | $26.1B |
| 总资产 | $20.8B | $59.0B |
| 负债/权益比越低杠杆越低 | 0.87× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资FLEXGD
| Q1 26 | — | $3.7B | ||
| Q4 25 | $3.1B | $2.3B | ||
| Q3 25 | $2.2B | $2.5B | ||
| Q2 25 | $2.2B | $1.5B | ||
| Q1 25 | $2.3B | $1.2B | ||
| Q4 24 | $2.3B | $1.7B | ||
| Q3 24 | $2.6B | $2.1B | ||
| Q2 24 | $2.2B | $1.4B |
总债务FLEXGD
| Q1 26 | — | $6.3B | ||
| Q4 25 | $4.4B | $8.1B | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.7B | $8.8B | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.2B | — |
股东权益FLEXGD
| Q1 26 | — | $26.1B | ||
| Q4 25 | $5.1B | $25.6B | ||
| Q3 25 | $5.0B | $24.4B | ||
| Q2 25 | $5.1B | $23.6B | ||
| Q1 25 | $5.0B | $22.2B | ||
| Q4 24 | $5.0B | $22.1B | ||
| Q3 24 | $5.0B | $23.0B | ||
| Q2 24 | $5.0B | $22.0B |
总资产FLEXGD
| Q1 26 | — | $59.0B | ||
| Q4 25 | $20.8B | $57.2B | ||
| Q3 25 | $19.5B | $57.6B | ||
| Q2 25 | $19.1B | $56.9B | ||
| Q1 25 | $18.4B | $56.6B | ||
| Q4 24 | $18.3B | $55.9B | ||
| Q3 24 | $18.6B | $57.3B | ||
| Q2 24 | $17.7B | $55.4B |
负债/权益比FLEXGD
| Q1 26 | — | 0.24× | ||
| Q4 25 | 0.87× | 0.32× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.74× | 0.40× | ||
| Q3 24 | 0.74× | — | ||
| Q2 24 | 0.64× | — |
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 | $420.0M | — |
| 自由现金流经营现金流 - 资本支出 | $272.0M | $2.0B |
| 自由现金流率自由现金流/营收 | 3.9% | 14.5% |
| 资本支出强度资本支出/营收 | 2.1% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.76× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | $6.2B |
8季度趋势，按日历期对齐
经营现金流FLEXGD
| Q1 26 | — | — | ||
| Q4 25 | $420.0M | $1.6B | ||
| Q3 25 | $453.0M | $2.1B | ||
| Q2 25 | $399.0M | $1.6B | ||
| Q1 25 | $433.0M | $-148.0M | ||
| Q4 24 | $413.0M | $2.2B | ||
| Q3 24 | $319.0M | $1.4B | ||
| Q2 24 | $340.0M | $814.0M |
自由现金流FLEXGD
| Q1 26 | — | $2.0B | ||
| Q4 25 | $272.0M | $952.0M | ||
| Q3 25 | $303.0M | $1.9B | ||
| Q2 25 | $266.0M | $1.4B | ||
| Q1 25 | $321.0M | $-290.0M | ||
| Q4 24 | $301.0M | $1.8B | ||
| Q3 24 | $216.0M | $1.2B | ||
| Q2 24 | $229.0M | $613.0M |
自由现金流率FLEXGD
| Q1 26 | — | 14.5% | ||
| Q4 25 | 3.9% | 6.6% | ||
| Q3 25 | 4.5% | 14.7% | ||
| Q2 25 | 4.0% | 10.7% | ||
| Q1 25 | 5.0% | -2.4% | ||
| Q4 24 | 4.6% | 13.5% | ||
| Q3 24 | 3.3% | 10.4% | ||
| Q2 24 | 3.6% | 5.1% |
资本支出强度FLEXGD
| Q1 26 | — | 1.5% | ||
| Q4 25 | 2.1% | 4.2% | ||
| Q3 25 | 2.2% | 1.6% | ||
| Q2 25 | 2.0% | 1.5% | ||
| Q1 25 | 1.8% | 1.2% | ||
| Q4 24 | 1.7% | 2.7% | ||
| Q3 24 | 1.6% | 1.7% | ||
| Q2 24 | 1.8% | 1.7% |
现金转化率FLEXGD
| Q1 26 | — | — | ||
| Q4 25 | 1.76× | 1.37× | ||
| Q3 25 | 2.28× | 1.99× | ||
| Q2 25 | 2.08× | 1.58× | ||
| Q1 25 | 1.95× | -0.15× | ||
| Q4 24 | 1.57× | 1.88× | ||
| Q3 24 | 1.49× | 1.52× | ||
| Q2 24 | 2.45× | 0.90× |
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
FLEX
| Flex Reliability Solutions FRS | $3.2B | 46% |
| Transferred At Point In Time | $2.7B | 38% |
| Transferred Over Time | $1.1B | 16% |
GD
暂无分部数据
