vs
盖璞（GAP）与Packaging Corporation of America（PKG）财务数据对比。点击上方公司名可切换其他公司
盖璞的季度营收约是Packaging Corporation of America的1.7倍（$3.9B vs $2.4B），Packaging Corporation of America净利率更高（7.2% vs 6.0%，领先1.2%），Packaging Corporation of America同比增速更快（10.6% vs 3.0%），过去两年Packaging Corporation of America的营收复合增速更高（6.8% vs -4.2%）
盖璞（Gap Inc.）是总部位于美国加利福尼亚州旧金山的跨国服饰零售商，1969年由唐纳德·费舍尔与多丽丝·费舍尔创立，旗下拥有Gap、Banana Republic、Old Navy、Athleta四大核心品牌，是美国最大的服饰零售商之一，全球门店数量位列全球第三，仅次于Inditex集团和H&M。
Packaging Corporation of America是总部位于美国伊利诺伊州莱克福里斯特的制造企业，业务主要布局于美国本土，当前拥有约15500名员工，首席执行官为Mark W. Kowlzan。
GAP vs PKG — 直观对比
营收规模更大
GAP
是对方的1.7倍
$2.4B
营收增速更快
PKG
高出7.6%
3.0%
净利率更高
PKG
高出1.2%
6.0%
两年增速更快
PKG
近两年复合增速
-4.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $2.4B |
| 净利润 | $236.0M | $170.9M |
| 毛利率 | 42.4% | 19.1% |
| 营业利润率 | 8.5% | 10.6% |
| 净利率 | 6.0% | 7.2% |
| 营收同比 | 3.0% | 10.6% |
| 净利润同比 | -13.9% | -16.1% |
| 每股收益（稀释后） | $0.62 | $1.91 |
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GAPPKG
| Q1 26 | — | $2.4B | ||
| Q4 25 | $3.9B | $2.4B | ||
| Q3 25 | $3.7B | $2.3B | ||
| Q2 25 | $3.5B | $2.2B | ||
| Q1 25 | $4.1B | $2.1B | ||
| Q4 24 | $3.8B | $2.1B | ||
| Q3 24 | $3.7B | $2.2B | ||
| Q2 24 | $3.4B | $2.1B |
净利润GAPPKG
| Q1 26 | — | $170.9M | ||
| Q4 25 | $236.0M | $101.9M | ||
| Q3 25 | $216.0M | $226.9M | ||
| Q2 25 | $193.0M | $241.5M | ||
| Q1 25 | $206.0M | $203.8M | ||
| Q4 24 | $274.0M | $221.2M | ||
| Q3 24 | $206.0M | $238.1M | ||
| Q2 24 | $158.0M | $198.9M |
毛利率GAPPKG
| Q1 26 | — | 19.1% | ||
| Q4 25 | 42.4% | 18.9% | ||
| Q3 25 | 41.2% | 21.8% | ||
| Q2 25 | 41.8% | 22.2% | ||
| Q1 25 | 38.9% | 21.2% | ||
| Q4 24 | 42.7% | 21.9% | ||
| Q3 24 | 42.6% | 23.1% | ||
| Q2 24 | 41.2% | 21.1% |
营业利润率GAPPKG
| Q1 26 | — | 10.6% | ||
| Q4 25 | 8.5% | 7.1% | ||
| Q3 25 | 7.8% | 14.0% | ||
| Q2 25 | 7.5% | 15.4% | ||
| Q1 25 | 6.2% | 13.1% | ||
| Q4 24 | 9.3% | 14.1% | ||
| Q3 24 | 7.9% | 15.0% | ||
| Q2 24 | 6.1% | 13.3% |
净利率GAPPKG
| Q1 26 | — | 7.2% | ||
| Q4 25 | 6.0% | 4.3% | ||
| Q3 25 | 5.8% | 9.8% | ||
| Q2 25 | 5.6% | 11.1% | ||
| Q1 25 | 5.0% | 9.5% | ||
| Q4 24 | 7.2% | 10.3% | ||
| Q3 24 | 5.5% | 10.9% | ||
| Q2 24 | 4.7% | 9.6% |
每股收益（稀释后）GAPPKG
| Q1 26 | — | $1.91 | ||
| Q4 25 | $0.62 | $1.14 | ||
| Q3 25 | $0.57 | $2.51 | ||
| Q2 25 | $0.51 | $2.67 | ||
| Q1 25 | $0.53 | $2.26 | ||
| Q4 24 | $0.72 | $2.45 | ||
| Q3 24 | $0.54 | $2.64 | ||
| Q2 24 | $0.41 | $2.21 |
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 | $2.5B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | — |
| 总资产 | $12.4B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $529.0M | ||
| Q3 25 | $2.4B | $634.0M | ||
| Q2 25 | $2.2B | $787.9M | ||
| Q1 25 | $2.6B | $751.7M | ||
| Q4 24 | $2.2B | $685.0M | ||
| Q3 24 | $2.1B | $676.6M | ||
| Q2 24 | $1.7B | $613.6M |
总债务GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | — | $4.0B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | — |
股东权益GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | $3.6B | $4.6B | ||
| Q3 25 | $3.4B | $4.8B | ||
| Q2 25 | $3.3B | $4.6B | ||
| Q1 25 | $3.3B | $4.5B | ||
| Q4 24 | $3.1B | $4.4B | ||
| Q3 24 | $2.9B | $4.3B | ||
| Q2 24 | $2.7B | $4.1B |
总资产GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | $12.4B | $10.7B | ||
| Q3 25 | $12.1B | $11.0B | ||
| Q2 25 | $11.6B | $9.0B | ||
| Q1 25 | $11.9B | $9.0B | ||
| Q4 24 | $11.9B | $8.8B | ||
| Q3 24 | $11.5B | $8.8B | ||
| Q2 24 | $10.9B | $9.0B |
负债/权益比GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.87× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | — |
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 | $299.0M | — |
| 自由现金流经营现金流 - 资本支出 | $153.0M | — |
| 自由现金流率自由现金流/营收 | 3.9% | — |
| 资本支出强度资本支出/营收 | 3.7% | — |
| 现金转化率经营现金流/净利润 | 1.27× | — |
| 过去12个月自由现金流最近4个季度 | $779.0M | — |
8季度趋势，按日历期对齐
经营现金流GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | $299.0M | $446.6M | ||
| Q3 25 | $448.0M | $472.2M | ||
| Q2 25 | $-140.0M | $299.6M | ||
| Q1 25 | $616.0M | $339.1M | ||
| Q4 24 | $291.0M | $325.4M | ||
| Q3 24 | $549.0M | $327.1M | ||
| Q2 24 | $30.0M | $278.3M |
自由现金流GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | $153.0M | $127.6M | ||
| Q3 25 | $350.0M | $280.1M | ||
| Q2 25 | $-223.0M | $129.9M | ||
| Q1 25 | $499.0M | $191.0M | ||
| Q4 24 | $143.0M | $124.1M | ||
| Q3 24 | $460.0M | $180.4M | ||
| Q2 24 | $-63.0M | $33.3M |
自由现金流率GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 5.4% | ||
| Q3 25 | 9.4% | 12.1% | ||
| Q2 25 | -6.4% | 6.0% | ||
| Q1 25 | 12.0% | 8.9% | ||
| Q4 24 | 3.7% | 5.8% | ||
| Q3 24 | 12.4% | 8.3% | ||
| Q2 24 | -1.9% | 1.6% |
资本支出强度GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 13.5% | ||
| Q3 25 | 2.6% | 8.3% | ||
| Q2 25 | 2.4% | 7.8% | ||
| Q1 25 | 2.8% | 6.9% | ||
| Q4 24 | 3.9% | 9.4% | ||
| Q3 24 | 2.4% | 6.7% | ||
| Q2 24 | 2.7% | 11.8% |
现金转化率GAPPKG
| Q1 26 | — | — | ||
| Q4 25 | 1.27× | 4.38× | ||
| Q3 25 | 2.07× | 2.08× | ||
| Q2 25 | -0.73× | 1.24× | ||
| Q1 25 | 2.99× | 1.66× | ||
| Q4 24 | 1.06× | 1.47× | ||
| Q3 24 | 2.67× | 1.37× | ||
| Q2 24 | 0.19× | 1.40× |
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
GAP
| Other | $2.2B | 55% |
| Online Sales | $1.6B | 40% |
| CA | $191.0M | 5% |
| Other Regions | $13.0M | 0% |
PKG
暂无分部数据
