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通用动力（GD）与林德（LIN）财务数据对比。点击上方公司名可切换其他公司
通用动力的季度营收约是林德的1.5倍（$13.5B vs $8.8B），林德净利率更高（17.5% vs 8.3%，领先9.1%），通用动力同比增速更快（10.3% vs 5.8%），通用动力自由现金流更多（$2.0B vs $1.6B），过去两年通用动力的营收复合增速更高（6.1% vs 4.0%）
通用动力是总部位于美国弗吉尼亚州雷斯顿的工业科技企业，是全球领先的先进军工装备研发生产商，产品覆盖核潜艇、主战坦克、装甲战车等多种品类，同时生产湾流系列公务机，也提供信息技术服务，位列美国前百名国防承包商第三位。
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
GD vs LIN — 直观对比
营收规模更大
GD
是对方的1.5倍
$8.8B
营收增速更快
GD
高出4.5%
5.8%
净利率更高
LIN
高出9.1%
8.3%
自由现金流更多
GD
多$380.0M
$1.6B
两年增速更快
GD
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $13.5B | $8.8B |
| 净利润 | $1.1B | $1.5B |
| 毛利率 | — | — |
| 营业利润率 | 10.5% | 23.0% |
| 净利率 | 8.3% | 17.5% |
| 营收同比 | 10.3% | 5.8% |
| 净利润同比 | 758.8% | -11.3% |
| 每股收益（稀释后） | $4.10 | $3.28 |
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GDLIN
| Q1 26 | $13.5B | — | ||
| Q4 25 | $14.4B | $8.8B | ||
| Q3 25 | $12.9B | $8.6B | ||
| Q2 25 | $13.0B | $8.5B | ||
| Q1 25 | $12.2B | $8.1B | ||
| Q4 24 | $13.3B | $8.3B | ||
| Q3 24 | $11.7B | $8.4B | ||
| Q2 24 | $12.0B | $8.3B |
净利润GDLIN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.1B | $1.9B | ||
| Q2 25 | $1.0B | $1.8B | ||
| Q1 25 | $994.0M | $1.7B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $930.0M | $1.6B | ||
| Q2 24 | $905.0M | $1.7B |
营业利润率GDLIN
| Q1 26 | 10.5% | — | ||
| Q4 25 | 10.1% | 23.0% | ||
| Q3 25 | 10.3% | 27.5% | ||
| Q2 25 | 10.0% | 27.7% | ||
| Q1 25 | 10.4% | 26.9% | ||
| Q4 24 | 10.7% | 27.4% | ||
| Q3 24 | 10.1% | 25.0% | ||
| Q2 24 | 9.7% | 26.4% |
净利率GDLIN
| Q1 26 | 8.3% | — | ||
| Q4 25 | 7.9% | 17.5% | ||
| Q3 25 | 8.2% | 22.4% | ||
| Q2 25 | 7.8% | 20.8% | ||
| Q1 25 | 8.1% | 20.6% | ||
| Q4 24 | 8.6% | 20.8% | ||
| Q3 24 | 8.0% | 18.5% | ||
| Q2 24 | 7.6% | 20.1% |
每股收益（稀释后）GDLIN
| Q1 26 | $4.10 | — | ||
| Q4 25 | — | $3.28 | ||
| Q3 25 | — | $4.09 | ||
| Q2 25 | — | $3.73 | ||
| Q1 25 | — | $3.51 | ||
| Q4 24 | — | $3.61 | ||
| Q3 24 | — | $3.22 | ||
| Q2 24 | — | $3.44 |
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 | $3.7B | $5.1B |
| 总债务越低越好 | $6.3B | $20.7B |
| 股东权益账面价值 | $26.1B | $38.2B |
| 总资产 | $59.0B | $86.8B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资GDLIN
| Q1 26 | $3.7B | — | ||
| Q4 25 | $2.3B | $5.1B | ||
| Q3 25 | $2.5B | $4.5B | ||
| Q2 25 | $1.5B | $4.8B | ||
| Q1 25 | $1.2B | $5.3B | ||
| Q4 24 | $1.7B | $4.8B | ||
| Q3 24 | $2.1B | $5.2B | ||
| Q2 24 | $1.4B | $4.6B |
总债务GDLIN
| Q1 26 | $6.3B | — | ||
| Q4 25 | $8.1B | $20.7B | ||
| Q3 25 | — | $18.6B | ||
| Q2 25 | — | $19.7B | ||
| Q1 25 | — | $17.6B | ||
| Q4 24 | $8.8B | $15.3B | ||
| Q3 24 | — | $17.5B | ||
| Q2 24 | — | $16.9B |
股东权益GDLIN
| Q1 26 | $26.1B | — | ||
| Q4 25 | $25.6B | $38.2B | ||
| Q3 25 | $24.4B | $38.6B | ||
| Q2 25 | $23.6B | $38.5B | ||
| Q1 25 | $22.2B | $38.0B | ||
| Q4 24 | $22.1B | $38.1B | ||
| Q3 24 | $23.0B | $39.2B | ||
| Q2 24 | $22.0B | $38.2B |
总资产GDLIN
| Q1 26 | $59.0B | — | ||
| Q4 25 | $57.2B | $86.8B | ||
| Q3 25 | $57.6B | $86.0B | ||
| Q2 25 | $56.9B | $86.1B | ||
| Q1 25 | $56.6B | $82.7B | ||
| Q4 24 | $55.9B | $80.1B | ||
| Q3 24 | $57.3B | $82.5B | ||
| Q2 24 | $55.4B | $80.2B |
负债/权益比GDLIN
| Q1 26 | 0.24× | — | ||
| Q4 25 | 0.32× | 0.54× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | 0.40× | 0.40× | ||
| Q3 24 | — | 0.45× | ||
| Q2 24 | — | 0.44× |
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 | — | $3.0B |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $1.6B |
| 自由现金流率自由现金流/营收 | 14.5% | 17.9% |
| 资本支出强度资本支出/营收 | 1.5% | 16.6% |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | $6.2B | $5.1B |
8季度趋势，按日历期对齐
经营现金流GDLIN
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $3.0B | ||
| Q3 25 | $2.1B | $2.9B | ||
| Q2 25 | $1.6B | $2.2B | ||
| Q1 25 | $-148.0M | $2.2B | ||
| Q4 24 | $2.2B | $2.8B | ||
| Q3 24 | $1.4B | $2.7B | ||
| Q2 24 | $814.0M | $1.9B |
自由现金流GDLIN
| Q1 26 | $2.0B | — | ||
| Q4 25 | $952.0M | $1.6B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $1.4B | $954.0M | ||
| Q1 25 | $-290.0M | $891.0M | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $613.0M | $796.0M |
自由现金流率GDLIN
| Q1 26 | 14.5% | — | ||
| Q4 25 | 6.6% | 17.9% | ||
| Q3 25 | 14.7% | 19.4% | ||
| Q2 25 | 10.7% | 11.2% | ||
| Q1 25 | -2.4% | 11.0% | ||
| Q4 24 | 13.5% | 18.8% | ||
| Q3 24 | 10.4% | 19.9% | ||
| Q2 24 | 5.1% | 9.6% |
资本支出强度GDLIN
| Q1 26 | 1.5% | — | ||
| Q4 25 | 4.2% | 16.6% | ||
| Q3 25 | 1.6% | 14.8% | ||
| Q2 25 | 1.5% | 14.8% | ||
| Q1 25 | 1.2% | 15.7% | ||
| Q4 24 | 2.7% | 15.1% | ||
| Q3 24 | 1.7% | 12.8% | ||
| Q2 24 | 1.7% | 13.7% |
现金转化率GDLIN
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | 1.98× | ||
| Q3 25 | 1.99× | 1.53× | ||
| Q2 25 | 1.58× | 1.25× | ||
| Q1 25 | -0.15× | 1.29× | ||
| Q4 24 | 1.88× | 1.63× | ||
| Q3 24 | 1.52× | 1.76× | ||
| Q2 24 | 0.90× | 1.16× |
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
GD
暂无分部数据
LIN
| Other | $4.9B | 56% |
| Packaged Gas | $1.6B | 19% |
| Merchant | $1.2B | 14% |
| On Site | $950.0M | 11% |
| Other Distribution Methods | $64.0M | 1% |
