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简柏特（G）与斑马技术（ZBRA）财务数据对比。点击上方公司名可切换其他公司
斑马技术的季度营收约是简柏特的1.1倍（$1.5B vs $1.3B），简柏特净利率更高（10.8% vs 4.7%，领先6.1%），斑马技术同比增速更快（10.6% vs 5.6%），斑马技术自由现金流更多（$327.0M vs $269.0M），过去两年斑马技术的营收复合增速更高（12.0% vs 8.0%）
简柏特是全球领先的信息技术服务、咨询及外包提供商，总部位于美国纽约，最初成立于印度古尔冈，法定注册地为百慕大。集团现有员工超12.5万名，服务覆盖全球30多个国家，于纽交所上市，2023年总营收达44.8亿美元。
斑马技术（Zebra Technologies）是源自美国的跨国科技企业，专注于智能数据采集系统领域的研发与落地。公司总部位于芝加哥郊外的伊利诺伊州林肯郡，目前在全球57个国家和地区开展业务，雇员总数达10700名。
G vs ZBRA — 直观对比
营收规模更大
ZBRA
是对方的1.1倍
$1.3B
营收增速更快
ZBRA
高出4.9%
5.6%
净利率更高
G
高出6.1%
4.7%
自由现金流更多
ZBRA
多$58.0M
$269.0M
两年增速更快
ZBRA
近两年复合增速
8.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $143.1M | $70.0M |
| 毛利率 | 36.6% | 47.3% |
| 营业利润率 | 14.8% | 9.4% |
| 净利率 | 10.8% | 4.7% |
| 营收同比 | 5.6% | 10.6% |
| 净利润同比 | 0.8% | -57.1% |
| 每股收益（稀释后） | $0.82 | $1.40 |
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GZBRA
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.3B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
净利润GZBRA
| Q4 25 | $143.1M | $70.0M | ||
| Q3 25 | $145.8M | $101.0M | ||
| Q2 25 | $132.7M | $112.0M | ||
| Q1 25 | $130.9M | $136.0M | ||
| Q4 24 | $141.9M | $163.0M | ||
| Q3 24 | $132.8M | $137.0M | ||
| Q2 24 | $122.0M | $113.0M | ||
| Q1 24 | $116.9M | $115.0M |
毛利率GZBRA
| Q4 25 | 36.6% | 47.3% | ||
| Q3 25 | 36.4% | 48.0% | ||
| Q2 25 | 35.9% | 47.6% | ||
| Q1 25 | 35.3% | 49.3% | ||
| Q4 24 | 35.7% | 48.6% | ||
| Q3 24 | 35.6% | 48.8% | ||
| Q2 24 | 35.4% | 48.4% | ||
| Q1 24 | 35.0% | 47.9% |
营业利润率GZBRA
| Q4 25 | 14.8% | 9.4% | ||
| Q3 25 | 14.8% | 13.9% | ||
| Q2 25 | 14.3% | 14.2% | ||
| Q1 25 | 15.1% | 14.9% | ||
| Q4 24 | 15.2% | 16.9% | ||
| Q3 24 | 15.0% | 15.2% | ||
| Q2 24 | 14.5% | 13.7% | ||
| Q1 24 | 14.1% | 13.5% |
净利率GZBRA
| Q4 25 | 10.8% | 4.7% | ||
| Q3 25 | 11.3% | 7.7% | ||
| Q2 25 | 10.6% | 8.7% | ||
| Q1 25 | 10.8% | 10.4% | ||
| Q4 24 | 11.4% | 12.2% | ||
| Q3 24 | 11.0% | 10.9% | ||
| Q2 24 | 10.4% | 9.3% | ||
| Q1 24 | 10.3% | 9.8% |
每股收益（稀释后）GZBRA
| Q4 25 | $0.82 | $1.40 | ||
| Q3 25 | $0.83 | $1.97 | ||
| Q2 25 | $0.75 | $2.19 | ||
| Q1 25 | $0.73 | $2.62 | ||
| Q4 24 | $0.80 | $3.14 | ||
| Q3 24 | $0.74 | $2.64 | ||
| Q2 24 | $0.67 | $2.17 | ||
| Q1 24 | $0.64 | $2.23 |
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 | $1.2B | $125.0M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.5B | $3.6B |
| 总资产 | $5.8B | $8.5B |
| 负债/权益比越低杠杆越低 | 0.60× | — |
8季度趋势，按日历期对齐
现金及短期投资GZBRA
| Q4 25 | $1.2B | $125.0M | ||
| Q3 25 | $740.8M | $1.1B | ||
| Q2 25 | $663.3M | $872.0M | ||
| Q1 25 | $561.6M | $879.0M | ||
| Q4 24 | $671.6M | $901.0M | ||
| Q3 24 | $1.0B | $676.0M | ||
| Q2 24 | $914.2M | $411.0M | ||
| Q1 24 | $478.4M | $127.0M |
总债务GZBRA
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.2B | $2.2B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.2B | $2.2B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.6B | $2.2B | ||
| Q1 24 | $1.2B | $2.1B |
股东权益GZBRA
| Q4 25 | $2.5B | $3.6B | ||
| Q3 25 | $2.5B | $3.7B | ||
| Q2 25 | $2.6B | $3.6B | ||
| Q1 25 | $2.5B | $3.6B | ||
| Q4 24 | $2.4B | $3.6B | ||
| Q3 24 | $2.4B | $3.4B | ||
| Q2 24 | $2.3B | $3.3B | ||
| Q1 24 | $2.3B | $3.2B |
总资产GZBRA
| Q4 25 | $5.8B | $8.5B | ||
| Q3 25 | $5.4B | $8.1B | ||
| Q2 25 | $5.3B | $7.9B | ||
| Q1 25 | $4.9B | $7.9B | ||
| Q4 24 | $5.0B | $8.0B | ||
| Q3 24 | $5.3B | $7.7B | ||
| Q2 24 | $5.2B | $7.5B | ||
| Q1 24 | $4.7B | $7.3B |
负债/权益比GZBRA
| Q4 25 | 0.60× | — | ||
| Q3 25 | 0.47× | 0.58× | ||
| Q2 25 | 0.47× | 0.60× | ||
| Q1 25 | 0.50× | 0.60× | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.68× | 0.64× | ||
| Q2 24 | 0.70× | 0.66× | ||
| Q1 24 | 0.54× | 0.66× |
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 | $286.7M | $357.0M |
| 自由现金流经营现金流 - 资本支出 | $269.0M | $327.0M |
| 自由现金流率自由现金流/营收 | 20.4% | 22.2% |
| 资本支出强度资本支出/营收 | 1.3% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.00× | 5.10× |
| 过去12个月自由现金流最近4个季度 | $734.7M | $831.0M |
8季度趋势，按日历期对齐
经营现金流GZBRA
| Q4 25 | $286.7M | $357.0M | ||
| Q3 25 | $308.4M | $235.0M | ||
| Q2 25 | $177.4M | $147.0M | ||
| Q1 25 | $40.4M | $178.0M | ||
| Q4 24 | $203.2M | $306.0M | ||
| Q3 24 | $228.5M | $294.0M | ||
| Q2 24 | $209.3M | $288.0M | ||
| Q1 24 | $-25.6M | $125.0M |
自由现金流GZBRA
| Q4 25 | $269.0M | $327.0M | ||
| Q3 25 | $292.0M | $216.0M | ||
| Q2 25 | $155.1M | $130.0M | ||
| Q1 25 | $18.5M | $158.0M | ||
| Q4 24 | $183.5M | $288.0M | ||
| Q3 24 | $208.7M | $277.0M | ||
| Q2 24 | $190.0M | $278.0M | ||
| Q1 24 | $-49.6M | $111.0M |
自由现金流率GZBRA
| Q4 25 | 20.4% | 22.2% | ||
| Q3 25 | 22.6% | 16.4% | ||
| Q2 25 | 12.4% | 10.1% | ||
| Q1 25 | 1.5% | 12.1% | ||
| Q4 24 | 14.7% | 21.6% | ||
| Q3 24 | 17.2% | 22.1% | ||
| Q2 24 | 16.2% | 22.8% | ||
| Q1 24 | -4.4% | 9.4% |
资本支出强度GZBRA
| Q4 25 | 1.3% | 2.0% | ||
| Q3 25 | 1.3% | 1.4% | ||
| Q2 25 | 1.8% | 1.3% | ||
| Q1 25 | 1.8% | 1.5% | ||
| Q4 24 | 1.6% | 1.3% | ||
| Q3 24 | 1.6% | 1.4% | ||
| Q2 24 | 1.6% | 0.8% | ||
| Q1 24 | 2.1% | 1.2% |
现金转化率GZBRA
| Q4 25 | 2.00× | 5.10× | ||
| Q3 25 | 2.11× | 2.33× | ||
| Q2 25 | 1.34× | 1.31× | ||
| Q1 25 | 0.31× | 1.31× | ||
| Q4 24 | 1.43× | 1.88× | ||
| Q3 24 | 1.72× | 2.15× | ||
| Q2 24 | 1.72× | 2.55× | ||
| Q1 24 | -0.22× | 1.09× |
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
G
| High Tech And Manufacturing | $525.3M | 40% |
| Consumer And Healthcare | $445.8M | 34% |
| Financial Services | $348.2M | 26% |
ZBRA
| Tangible Products | $1.2B | 83% |
| Service And Software | $255.0M | 17% |
