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FLOWSERVE CORP（FLS）与美满电子科技（MRVL）财务数据对比。点击上方公司名可切换其他公司
美满电子科技的季度营收约是FLOWSERVE CORP的1.7倍（$2.1B vs $1.2B），美满电子科技净利率更高（91.7% vs -2.4%，领先94.0%），美满电子科技同比增速更快（36.8% vs 3.5%），美满电子科技自由现金流更多（$508.8M vs $-25.6M），过去两年美满电子科技的营收复合增速更高（20.6% vs 6.0%）
Flowserve是美国跨国企业，也是全球领先的工业及环保机械供应商之一，主营泵、阀门、端面机械密封、自动化产品及相关服务，覆盖电力、油气、化工等多个行业，总部位于得克萨斯州欧文市，在全球50多国拥有近1.6万名员工，同时提供完善的售后服务。
美满电子科技是总部位于美国加利福尼亚州圣克拉拉的半导体企业，成立于1995年，专注于半导体及相关技术的研发与生产。截至2024年，公司全球员工超6500人，持有全球专利超1万项，2024财年总营收达55亿美元。
FLS vs MRVL — 直观对比
营收规模更大
MRVL
是对方的1.7倍
$1.2B
营收增速更快
MRVL
高出33.3%
3.5%
净利率更高
MRVL
高出94.0%
-2.4%
自由现金流更多
MRVL
多$534.4M
$-25.6M
两年增速更快
MRVL
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.1B |
| 净利润 | $-29.0M | $1.9B |
| 毛利率 | 34.8% | 51.6% |
| 营业利润率 | 3.5% | 17.2% |
| 净利率 | -2.4% | 91.7% |
| 营收同比 | 3.5% | 36.8% |
| 净利润同比 | -137.4% | 381.1% |
| 每股收益（稀释后） | $-0.21 | $2.20 |
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FLSMRVL
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.2B | $1.9B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.1B | $1.4B |
净利润FLSMRVL
| Q4 25 | $-29.0M | $1.9B | ||
| Q3 25 | $219.6M | $194.8M | ||
| Q2 25 | $81.8M | $177.9M | ||
| Q1 25 | $73.9M | $200.2M | ||
| Q4 24 | $77.5M | $-676.3M | ||
| Q3 24 | $58.4M | $-193.3M | ||
| Q2 24 | $72.6M | $-215.6M | ||
| Q1 24 | $74.2M | $-392.7M |
毛利率FLSMRVL
| Q4 25 | 34.8% | 51.6% | ||
| Q3 25 | 32.4% | 50.4% | ||
| Q2 25 | 34.2% | 50.3% | ||
| Q1 25 | 32.3% | 50.5% | ||
| Q4 24 | 31.5% | 23.0% | ||
| Q3 24 | 31.5% | 46.2% | ||
| Q2 24 | 31.6% | 45.5% | ||
| Q1 24 | 31.2% | 46.6% |
营业利润率FLSMRVL
| Q4 25 | 3.5% | 17.2% | ||
| Q3 25 | 6.7% | 14.5% | ||
| Q2 25 | 12.3% | 14.3% | ||
| Q1 25 | 11.5% | 12.9% | ||
| Q4 24 | 10.6% | -46.4% | ||
| Q3 24 | 9.1% | -7.9% | ||
| Q2 24 | 10.5% | -13.1% | ||
| Q1 24 | 10.4% | -2.3% |
净利率FLSMRVL
| Q4 25 | -2.4% | 91.7% | ||
| Q3 25 | 18.7% | 9.7% | ||
| Q2 25 | 6.9% | 9.4% | ||
| Q1 25 | 6.5% | 11.0% | ||
| Q4 24 | 6.6% | -44.6% | ||
| Q3 24 | 5.2% | -15.2% | ||
| Q2 24 | 6.3% | -18.6% | ||
| Q1 24 | 6.8% | -27.5% |
每股收益（稀释后）FLSMRVL
| Q4 25 | $-0.21 | $2.20 | ||
| Q3 25 | $1.67 | $0.22 | ||
| Q2 25 | $0.62 | $0.20 | ||
| Q1 25 | $0.56 | $0.23 | ||
| Q4 24 | $0.59 | $-0.78 | ||
| Q3 24 | $0.44 | $-0.22 | ||
| Q2 24 | $0.55 | $-0.25 | ||
| Q1 24 | $0.56 | $-0.45 |
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 | $760.2M | $2.7B |
| 总债务越低越好 | $1.6B | $4.5B |
| 股东权益账面价值 | $2.2B | $14.1B |
| 总资产 | $5.7B | $21.6B |
| 负债/权益比越低杠杆越低 | 0.72× | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资FLSMRVL
| Q4 25 | $760.2M | $2.7B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $885.9M | ||
| Q1 25 | — | $948.3M | ||
| Q4 24 | $675.4M | $868.1M | ||
| Q3 24 | — | $808.7M | ||
| Q2 24 | — | $847.7M | ||
| Q1 24 | — | $950.8M |
总债务FLSMRVL
| Q4 25 | $1.6B | $4.5B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | $1.5B | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.2B |
股东权益FLSMRVL
| Q4 25 | $2.2B | $14.1B | ||
| Q3 25 | $2.3B | $13.4B | ||
| Q2 25 | $2.2B | $13.3B | ||
| Q1 25 | $2.1B | $13.4B | ||
| Q4 24 | $2.0B | $13.4B | ||
| Q3 24 | $2.1B | $14.2B | ||
| Q2 24 | $2.0B | $14.5B | ||
| Q1 24 | $2.0B | $14.8B |
总资产FLSMRVL
| Q4 25 | $5.7B | $21.6B | ||
| Q3 25 | $5.8B | $20.6B | ||
| Q2 25 | $5.7B | $20.0B | ||
| Q1 25 | $5.5B | $20.2B | ||
| Q4 24 | $5.5B | $19.7B | ||
| Q3 24 | $5.3B | $20.3B | ||
| Q2 24 | $5.2B | $20.5B | ||
| Q1 24 | $5.1B | $21.2B |
负债/权益比FLSMRVL
| Q4 25 | 0.72× | 0.32× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 0.75× | 0.31× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.28× |
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 | $-174.0K | $582.3M |
| 自由现金流经营现金流 - 资本支出 | $-25.6M | $508.8M |
| 自由现金流率自由现金流/营收 | -2.1% | 24.5% |
| 资本支出强度资本支出/营收 | 2.1% | 3.5% |
| 现金转化率经营现金流/净利润 | — | 0.31× |
| 过去12个月自由现金流最近4个季度 | $435.0M | $1.6B |
8季度趋势，按日历期对齐
经营现金流FLSMRVL
| Q4 25 | $-174.0K | $582.3M | ||
| Q3 25 | $401.8M | $461.6M | ||
| Q2 25 | $154.1M | $332.9M | ||
| Q1 25 | $-49.9M | $514.0M | ||
| Q4 24 | $197.3M | $536.3M | ||
| Q3 24 | $178.5M | $306.4M | ||
| Q2 24 | $-12.8M | $324.5M | ||
| Q1 24 | $62.3M | $546.6M |
自由现金流FLSMRVL
| Q4 25 | $-25.6M | $508.8M | ||
| Q3 25 | $384.7M | $414.1M | ||
| Q2 25 | $137.5M | $214.1M | ||
| Q1 25 | $-61.7M | $444.1M | ||
| Q4 24 | $168.5M | $461.3M | ||
| Q3 24 | $154.6M | $258.2M | ||
| Q2 24 | $-27.5M | $233.0M | ||
| Q1 24 | $48.6M | $475.6M |
自由现金流率FLSMRVL
| Q4 25 | -2.1% | 24.5% | ||
| Q3 25 | 32.8% | 20.6% | ||
| Q2 25 | 11.6% | 11.3% | ||
| Q1 25 | -5.4% | 24.4% | ||
| Q4 24 | 14.3% | 30.4% | ||
| Q3 24 | 13.6% | 20.3% | ||
| Q2 24 | -2.4% | 20.1% | ||
| Q1 24 | 4.5% | 33.3% |
资本支出强度FLSMRVL
| Q4 25 | 2.1% | 3.5% | ||
| Q3 25 | 1.5% | 2.4% | ||
| Q2 25 | 1.4% | 6.3% | ||
| Q1 25 | 1.0% | 3.8% | ||
| Q4 24 | 2.4% | 4.9% | ||
| Q3 24 | 2.1% | 3.8% | ||
| Q2 24 | 1.3% | 7.9% | ||
| Q1 24 | 1.3% | 5.0% |
现金转化率FLSMRVL
| Q4 25 | — | 0.31× | ||
| Q3 25 | 1.83× | 2.37× | ||
| Q2 25 | 1.89× | 1.87× | ||
| Q1 25 | -0.68× | 2.57× | ||
| Q4 24 | 2.55× | — | ||
| Q3 24 | 3.06× | — | ||
| Q2 24 | -0.18× | — | ||
| Q1 24 | 0.84× | — |
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
FLS
| Aftermarket Equipment | $563.4M | 46% |
| FCD | $390.3M | 32% |
| Original Equipment | $268.5M | 22% |
MRVL
暂无分部数据
