vs
伟创力（FLEX）与US Foods Holding Corp.（USFD）财务数据对比。点击上方公司名可切换其他公司
US Foods Holding Corp.的季度营收约是伟创力的1.3倍（$9.6B vs $7.5B），伟创力净利率更高（3.3% vs 1.2%，领先2.1%），伟创力同比增速更快（16.9% vs 2.8%），过去两年伟创力的营收复合增速更高（8.8% vs -0.5%）
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。
US Foods Holding Corp.是美国第二大食品服务分销商，规模仅次于Sysco。公司服务覆盖独立餐厅、连锁餐饮、医疗保健、酒店、教育机构等共计25万个场点，为各类客户提供食品配送及相关供应链服务，业务覆盖场景十分多元。
FLEX vs USFD — 直观对比
营收规模更大
USFD
是对方的1.3倍
$7.5B
营收增速更快
FLEX
高出14.1%
2.8%
净利率更高
FLEX
高出2.1%
1.2%
两年增速更快
FLEX
近两年复合增速
-0.5%
损益表 — Q4 FY2026 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $7.5B | $9.6B |
| 净利润 | $250.0M | $116.0M |
| 毛利率 | 9.4% | 17.2% |
| 营业利润率 | 5.0% | 2.2% |
| 净利率 | 3.3% | 1.2% |
| 营收同比 | 16.9% | 2.8% |
| 净利润同比 | 12.6% | 0.9% |
| 每股收益（稀释后） | $0.67 | $0.52 |
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FLEXUSFD
| Q1 26 | $7.5B | $9.6B | ||
| Q4 25 | $7.1B | $9.8B | ||
| Q3 25 | $6.8B | $10.2B | ||
| Q2 25 | $6.6B | $10.1B | ||
| Q1 25 | $6.4B | $9.4B | ||
| Q4 24 | $6.6B | $9.5B | ||
| Q3 24 | $6.5B | $9.7B | ||
| Q2 24 | $6.3B | $9.7B |
净利润FLEXUSFD
| Q1 26 | $250.0M | $116.0M | ||
| Q4 25 | $239.0M | $184.0M | ||
| Q3 25 | $199.0M | $153.0M | ||
| Q2 25 | $192.0M | $224.0M | ||
| Q1 25 | $222.0M | $115.0M | ||
| Q4 24 | $263.0M | $66.0M | ||
| Q3 24 | $214.0M | $148.0M | ||
| Q2 24 | $139.0M | $198.0M |
毛利率FLEXUSFD
| Q1 26 | 9.4% | 17.2% | ||
| Q4 25 | 9.6% | 17.6% | ||
| Q3 25 | 9.0% | 17.2% | ||
| Q2 25 | 8.7% | 17.6% | ||
| Q1 25 | 8.8% | 17.3% | ||
| Q4 24 | 9.1% | 17.6% | ||
| Q3 24 | 8.1% | 17.1% | ||
| Q2 24 | 7.5% | 17.6% |
营业利润率FLEXUSFD
| Q1 26 | 5.0% | 2.2% | ||
| Q4 25 | 5.5% | 3.3% | ||
| Q3 25 | 4.4% | 2.8% | ||
| Q2 25 | 4.7% | 3.7% | ||
| Q1 25 | 4.8% | 2.4% | ||
| Q4 24 | 5.1% | 3.2% | ||
| Q3 24 | 4.5% | 2.9% | ||
| Q2 24 | 3.7% | 3.6% |
净利率FLEXUSFD
| Q1 26 | 3.3% | 1.2% | ||
| Q4 25 | 3.4% | 1.9% | ||
| Q3 25 | 2.9% | 1.5% | ||
| Q2 25 | 2.9% | 2.2% | ||
| Q1 25 | 3.5% | 1.2% | ||
| Q4 24 | 4.0% | 0.7% | ||
| Q3 24 | 3.3% | 1.5% | ||
| Q2 24 | 2.2% | 2.0% |
每股收益（稀释后）FLEXUSFD
| Q1 26 | $0.67 | $0.52 | ||
| Q4 25 | $0.64 | $0.82 | ||
| Q3 25 | $0.52 | $0.67 | ||
| Q2 25 | $0.50 | $0.96 | ||
| Q1 25 | $0.56 | $0.49 | ||
| Q4 24 | $0.67 | $0.28 | ||
| Q3 24 | $0.54 | $0.61 | ||
| Q2 24 | $0.34 | $0.80 |
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 | $2.4B | $49.0M |
| 总债务越低越好 | $3.8B | $5.2B |
| 股东权益账面价值 | $5.1B | $4.3B |
| 总资产 | $22.1B | $14.2B |
| 负债/权益比越低杠杆越低 | 0.73× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资FLEXUSFD
| Q1 26 | $2.4B | $49.0M | ||
| Q4 25 | $3.1B | $41.0M | ||
| Q3 25 | $2.2B | $56.0M | ||
| Q2 25 | $2.2B | $61.0M | ||
| Q1 25 | $2.3B | $101.0M | ||
| Q4 24 | $2.3B | $59.0M | ||
| Q3 24 | $2.6B | $81.0M | ||
| Q2 24 | $2.2B | $405.0M |
总债务FLEXUSFD
| Q1 26 | $3.8B | $5.2B | ||
| Q4 25 | $4.4B | $5.1B | ||
| Q3 25 | $3.7B | $4.8B | ||
| Q2 25 | $3.7B | $4.7B | ||
| Q1 25 | $3.7B | $4.7B | ||
| Q4 24 | $3.7B | $4.8B | ||
| Q3 24 | $3.7B | $4.7B | ||
| Q2 24 | $3.2B | $4.6B |
股东权益FLEXUSFD
| Q1 26 | $5.1B | $4.3B | ||
| Q4 25 | $5.1B | $4.3B | ||
| Q3 25 | $5.0B | $4.5B | ||
| Q2 25 | $5.1B | $4.6B | ||
| Q1 25 | $5.0B | $4.6B | ||
| Q4 24 | $5.0B | $4.5B | ||
| Q3 24 | $5.0B | $4.6B | ||
| Q2 24 | $5.0B | $5.0B |
总资产FLEXUSFD
| Q1 26 | $22.1B | $14.2B | ||
| Q4 25 | $20.8B | $13.9B | ||
| Q3 25 | $19.5B | $14.0B | ||
| Q2 25 | $19.1B | $13.8B | ||
| Q1 25 | $18.4B | $13.7B | ||
| Q4 24 | $18.3B | $13.4B | ||
| Q3 24 | $18.6B | $13.5B | ||
| Q2 24 | $17.7B | $13.7B |
负债/权益比FLEXUSFD
| Q1 26 | 0.73× | 1.19× | ||
| Q4 25 | 0.87× | 1.18× | ||
| Q3 25 | 0.73× | 1.08× | ||
| Q2 25 | 0.72× | 1.02× | ||
| Q1 25 | 0.74× | 1.02× | ||
| Q4 24 | 0.74× | 1.06× | ||
| Q3 24 | 0.74× | 1.01× | ||
| Q2 24 | 0.64× | 0.92× |
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 | $413.0M | $294.0M |
| 自由现金流经营现金流 - 资本支出 | $212.0M | — |
| 自由现金流率自由现金流/营收 | 2.8% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.65× | 2.53× |
| 过去12个月自由现金流最近4个季度 | $1.1B | — |
8季度趋势，按日历期对齐
经营现金流FLEXUSFD
| Q1 26 | $413.0M | $294.0M | ||
| Q4 25 | $420.0M | $293.0M | ||
| Q3 25 | $453.0M | $351.0M | ||
| Q2 25 | $399.0M | $334.0M | ||
| Q1 25 | $433.0M | $391.0M | ||
| Q4 24 | $413.0M | $283.0M | ||
| Q3 24 | $319.0M | $270.0M | ||
| Q2 24 | $340.0M | $482.0M |
自由现金流FLEXUSFD
| Q1 26 | $212.0M | — | ||
| Q4 25 | $272.0M | $159.0M | ||
| Q3 25 | $303.0M | $236.0M | ||
| Q2 25 | $266.0M | $257.0M | ||
| Q1 25 | $321.0M | $307.0M | ||
| Q4 24 | $301.0M | $178.0M | ||
| Q3 24 | $216.0M | $190.0M | ||
| Q2 24 | $229.0M | $413.0M |
自由现金流率FLEXUSFD
| Q1 26 | 2.8% | — | ||
| Q4 25 | 3.9% | 1.6% | ||
| Q3 25 | 4.5% | 2.3% | ||
| Q2 25 | 4.0% | 2.5% | ||
| Q1 25 | 5.0% | 3.3% | ||
| Q4 24 | 4.6% | 1.9% | ||
| Q3 24 | 3.3% | 2.0% | ||
| Q2 24 | 3.6% | 4.3% |
资本支出强度FLEXUSFD
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 1.4% | ||
| Q3 25 | 2.2% | 1.1% | ||
| Q2 25 | 2.0% | 0.8% | ||
| Q1 25 | 1.8% | 0.9% | ||
| Q4 24 | 1.7% | 1.1% | ||
| Q3 24 | 1.6% | 0.8% | ||
| Q2 24 | 1.8% | 0.7% |
现金转化率FLEXUSFD
| Q1 26 | 1.65× | 2.53× | ||
| Q4 25 | 1.76× | 1.59× | ||
| Q3 25 | 2.28× | 2.29× | ||
| Q2 25 | 2.08× | 1.49× | ||
| Q1 25 | 1.95× | 3.40× | ||
| Q4 24 | 1.57× | 4.29× | ||
| Q3 24 | 1.49× | 1.82× | ||
| Q2 24 | 2.45× | 2.43× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
