vs
伟创力（FLEX）与KEY TRONIC CORP（KTCC）财务数据对比。点击上方公司名可切换其他公司
伟创力的季度营收约是KEY TRONIC CORP的73.3倍（$7.1B vs $96.3M）。伟创力净利率更高（3.4% vs -8.9%，领先12.3%）。伟创力同比增速更快（7.7% vs -15.4%）。伟创力自由现金流更多（$272.0M vs $3.1M）。过去两年伟创力的营收复合增速更高（25.2% vs -17.8%）
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。
Key Tronic成立于1969年，最初主营键盘、鼠标等输入设备，目前专注于印刷电路板组装与成品整机组装业务，是美国规模前十的电子制造服务代工厂，可为各类消费家电及电子产品提供完整的产品设计与组装代工服务。
FLEX vs KTCC — 直观对比
营收规模更大
FLEX
是对方的73.3倍
$96.3M
营收增速更快
FLEX
高出23.1%
-15.4%
净利率更高
FLEX
高出12.3%
-8.9%
自由现金流更多
FLEX
多$268.9M
$3.1M
两年增速更快
FLEX
近两年复合增速
-17.8%
损益表 — Q3 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $7.1B | $96.3M |
| 净利润 | $239.0M | $-8.6M |
| 毛利率 | 9.6% | 0.6% |
| 营业利润率 | 5.5% | -10.7% |
| 净利率 | 3.4% | -8.9% |
| 营收同比 | 7.7% | -15.4% |
| 净利润同比 | -9.1% | -74.4% |
| 每股收益（稀释后） | $0.64 | $-0.79 |
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FLEXKTCC
| Q4 25 | $7.1B | $96.3M | ||
| Q3 25 | $6.8B | $98.8M | ||
| Q2 25 | $6.6B | $110.5M | ||
| Q1 25 | $6.4B | $112.0M | ||
| Q4 24 | $6.6B | $113.9M | ||
| Q3 24 | $6.5B | $131.6M | ||
| Q2 24 | $6.3B | $126.6M | ||
| Q1 24 | $4.5B | $142.4M |
净利润FLEXKTCC
| Q4 25 | $239.0M | $-8.6M | ||
| Q3 25 | $199.0M | $-2.3M | ||
| Q2 25 | $192.0M | $-3.9M | ||
| Q1 25 | $222.0M | $-604.0K | ||
| Q4 24 | $263.0M | $-4.9M | ||
| Q3 24 | $214.0M | $1.1M | ||
| Q2 24 | $139.0M | $-2.0M | ||
| Q1 24 | $395.0M | $-2.2M |
毛利率FLEXKTCC
| Q4 25 | 9.6% | 0.6% | ||
| Q3 25 | 9.0% | 8.4% | ||
| Q2 25 | 8.7% | 6.2% | ||
| Q1 25 | 8.8% | 7.7% | ||
| Q4 24 | 9.1% | 6.8% | ||
| Q3 24 | 8.1% | 10.1% | ||
| Q2 24 | 7.5% | 7.2% | ||
| Q1 24 | -0.6% | 5.7% |
营业利润率FLEXKTCC
| Q4 25 | 5.5% | -10.7% | ||
| Q3 25 | 4.4% | -0.6% | ||
| Q2 25 | 4.7% | -2.1% | ||
| Q1 25 | 4.8% | -0.4% | ||
| Q4 24 | 5.1% | -1.0% | ||
| Q3 24 | 4.5% | 3.4% | ||
| Q2 24 | 3.7% | 0.1% | ||
| Q1 24 | -3.6% | -0.4% |
净利率FLEXKTCC
| Q4 25 | 3.4% | -8.9% | ||
| Q3 25 | 2.9% | -2.3% | ||
| Q2 25 | 2.9% | -3.6% | ||
| Q1 25 | 3.5% | -0.5% | ||
| Q4 24 | 4.0% | -4.3% | ||
| Q3 24 | 3.3% | 0.9% | ||
| Q2 24 | 2.2% | -1.6% | ||
| Q1 24 | 8.8% | -1.6% |
每股收益（稀释后）FLEXKTCC
| Q4 25 | $0.64 | $-0.79 | ||
| Q3 25 | $0.52 | $-0.21 | ||
| Q2 25 | $0.50 | $-0.35 | ||
| Q1 25 | $0.56 | $-0.06 | ||
| Q4 24 | $0.67 | $-0.46 | ||
| Q3 24 | $0.54 | $0.10 | ||
| Q2 24 | $0.34 | $-0.18 | ||
| Q1 24 | $0.91 | $-0.21 |
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 | $788.0K |
| 总债务越低越好 | $4.4B | $97.7M |
| 股东权益账面价值 | $5.1B | $106.2M |
| 总资产 | $20.8B | $325.3M |
| 负债/权益比越低杠杆越低 | 0.87× | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资FLEXKTCC
| Q4 25 | $3.1B | $788.0K | ||
| Q3 25 | $2.2B | $1.1M | ||
| Q2 25 | $2.2B | $1.4M | ||
| Q1 25 | $2.3B | $2.5M | ||
| Q4 24 | $2.3B | $4.2M | ||
| Q3 24 | $2.6B | $6.6M | ||
| Q2 24 | $2.2B | $4.8M | ||
| Q1 24 | $2.5B | $5.3M |
总债务FLEXKTCC
| Q4 25 | $4.4B | $97.7M | ||
| Q3 25 | $3.7B | $100.8M | ||
| Q2 25 | $3.7B | $105.2M | ||
| Q1 25 | $3.7B | $113.6M | ||
| Q4 24 | $3.7B | $111.1M | ||
| Q3 24 | $3.7B | $112.7M | ||
| Q2 24 | $3.2B | $119.5M | ||
| Q1 24 | $3.3B | $125.3M |
股东权益FLEXKTCC
| Q4 25 | $5.1B | $106.2M | ||
| Q3 25 | $5.0B | $114.8M | ||
| Q2 25 | $5.1B | $117.1M | ||
| Q1 25 | $5.0B | $119.6M | ||
| Q4 24 | $5.0B | $119.5M | ||
| Q3 24 | $5.0B | $124.3M | ||
| Q2 24 | $5.0B | $124.0M | ||
| Q1 24 | $5.3B | $130.1M |
总资产FLEXKTCC
| Q4 25 | $20.8B | $325.3M | ||
| Q3 25 | $19.5B | $324.6M | ||
| Q2 25 | $19.1B | $315.9M | ||
| Q1 25 | $18.4B | $328.6M | ||
| Q4 24 | $18.3B | $327.8M | ||
| Q3 24 | $18.6B | $355.9M | ||
| Q2 24 | $17.7B | $355.3M | ||
| Q1 24 | $18.3B | $370.1M |
负债/权益比FLEXKTCC
| Q4 25 | 0.87× | 0.92× | ||
| Q3 25 | 0.73× | 0.88× | ||
| Q2 25 | 0.72× | 0.90× | ||
| Q1 25 | 0.74× | 0.95× | ||
| Q4 24 | 0.74× | 0.93× | ||
| Q3 24 | 0.74× | 0.91× | ||
| Q2 24 | 0.64× | 0.96× | ||
| Q1 24 | 0.61× | 0.96× |
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 | $6.4M |
| 自由现金流经营现金流 - 资本支出 | $272.0M | $3.1M |
| 自由现金流率自由现金流/营收 | 3.9% | 3.2% |
| 资本支出强度资本支出/营收 | 2.1% | 3.4% |
| 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 | $11.6M |
8季度趋势，按日历期对齐
经营现金流FLEXKTCC
| Q4 25 | $420.0M | $6.4M | ||
| Q3 25 | $453.0M | $7.6M | ||
| Q2 25 | $399.0M | $8.8M | ||
| Q1 25 | $433.0M | $-1.4M | ||
| Q4 24 | $413.0M | $1.6M | ||
| Q3 24 | $319.0M | $9.9M | ||
| Q2 24 | $340.0M | $7.7M | ||
| Q1 24 | $679.0M | $-3.0M |
自由现金流FLEXKTCC
| Q4 25 | $272.0M | $3.1M | ||
| Q3 25 | $303.0M | $4.4M | ||
| Q2 25 | $266.0M | $7.7M | ||
| Q1 25 | $321.0M | $-3.6M | ||
| Q4 24 | $301.0M | $1.1M | ||
| Q3 24 | $216.0M | $9.6M | ||
| Q2 24 | $229.0M | $7.1M | ||
| Q1 24 | $598.0M | $-3.8M |
自由现金流率FLEXKTCC
| Q4 25 | 3.9% | 3.2% | ||
| Q3 25 | 4.5% | 4.5% | ||
| Q2 25 | 4.0% | 7.0% | ||
| Q1 25 | 5.0% | -3.2% | ||
| Q4 24 | 4.6% | 1.0% | ||
| Q3 24 | 3.3% | 7.3% | ||
| Q2 24 | 3.6% | 5.6% | ||
| Q1 24 | 13.3% | -2.7% |
资本支出强度FLEXKTCC
| Q4 25 | 2.1% | 3.4% | ||
| Q3 25 | 2.2% | 3.2% | ||
| Q2 25 | 2.0% | 1.0% | ||
| Q1 25 | 1.8% | 2.0% | ||
| Q4 24 | 1.7% | 0.4% | ||
| Q3 24 | 1.6% | 0.3% | ||
| Q2 24 | 1.8% | 0.4% | ||
| Q1 24 | 1.8% | 0.6% |
现金转化率FLEXKTCC
| Q4 25 | 1.76× | — | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 2.08× | — | ||
| Q1 25 | 1.95× | — | ||
| Q4 24 | 1.57× | — | ||
| Q3 24 | 1.49× | 8.85× | ||
| Q2 24 | 2.45× | — | ||
| Q1 24 | 1.72× | — |
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% |
KTCC
| Transferred Over Time | $91.3M | 95% |
| Transferred At Point In Time | $5.0M | 5% |
