vs
通用动力（GD）与麦当劳（MCD）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麦当劳的1.9倍（$13.5B vs $7.0B），麦当劳净利率更高（30.9% vs 8.3%，领先22.5%），通用动力同比增速更快（10.3% vs 9.7%），通用动力自由现金流更多（$2.0B vs $1.6B），过去两年麦当劳的营收复合增速更高（6.6% vs 6.1%）
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。
麦当劳是源自美国的知名跨国连锁快餐品牌，主营汉堡、薯条、炸鸡等快餐食品，业务覆盖全球多个国家和地区。截至2024年，其全球门店数量在所有餐饮连锁品牌中位列第二，仅次于中国本土品牌蜜雪冰城。
GD vs MCD — 直观对比
营收规模更大
GD
是对方的1.9倍
$7.0B
营收增速更快
GD
高出0.6%
9.7%
净利率更高
MCD
高出22.5%
8.3%
自由现金流更多
GD
多$314.0M
$1.6B
两年增速更快
MCD
近两年复合增速
6.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $13.5B | $7.0B |
| 净利润 | $1.1B | $2.2B |
| 毛利率 | — | — |
| 营业利润率 | 10.5% | 45.0% |
| 净利率 | 8.3% | 30.9% |
| 营收同比 | 10.3% | 9.7% |
| 净利润同比 | 13.2% | 7.3% |
| 每股收益（稀释后） | $4.10 | $3.03 |
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GDMCD
| Q1 26 | $13.5B | — | ||
| Q4 25 | $14.4B | $7.0B | ||
| Q3 25 | $12.9B | $7.1B | ||
| Q2 25 | $13.0B | $6.8B | ||
| Q1 25 | $12.2B | $6.0B | ||
| Q4 24 | $13.3B | $6.4B | ||
| Q3 24 | $11.7B | $6.9B | ||
| Q2 24 | $12.0B | $6.5B |
净利润GDMCD
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $2.2B | ||
| Q3 25 | $1.1B | $2.3B | ||
| Q2 25 | $1.0B | $2.3B | ||
| Q1 25 | $994.0M | $1.9B | ||
| Q4 24 | $1.1B | $2.0B | ||
| Q3 24 | $930.0M | $2.3B | ||
| Q2 24 | $905.0M | $2.0B |
毛利率GDMCD
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 90.6% | ||
| Q2 25 | — | 90.4% | ||
| Q1 25 | — | 89.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 90.6% | ||
| Q2 24 | — | 90.3% |
营业利润率GDMCD
| Q1 26 | 10.5% | — | ||
| Q4 25 | 10.1% | 45.0% | ||
| Q3 25 | 10.3% | 47.4% | ||
| Q2 25 | 10.0% | 47.2% | ||
| Q1 25 | 10.4% | 44.5% | ||
| Q4 24 | 10.7% | 44.9% | ||
| Q3 24 | 10.1% | 46.4% | ||
| Q2 24 | 9.7% | 45.0% |
净利率GDMCD
| Q1 26 | 8.3% | — | ||
| Q4 25 | 7.9% | 30.9% | ||
| Q3 25 | 8.2% | 32.2% | ||
| Q2 25 | 7.8% | 32.9% | ||
| Q1 25 | 8.1% | 31.4% | ||
| Q4 24 | 8.6% | 31.6% | ||
| Q3 24 | 8.0% | 32.8% | ||
| Q2 24 | 7.6% | 31.2% |
每股收益（稀释后）GDMCD
| Q1 26 | $4.10 | — | ||
| Q4 25 | — | $3.03 | ||
| Q3 25 | — | $3.18 | ||
| Q2 25 | — | $3.14 | ||
| Q1 25 | — | $2.60 | ||
| Q4 24 | — | $2.80 | ||
| Q3 24 | — | $3.13 | ||
| Q2 24 | — | $2.80 |
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 | $3.7B | $774.0M |
| 总债务越低越好 | $6.3B | $40.0B |
| 股东权益账面价值 | $26.1B | $-1.8B |
| 总资产 | $59.0B | $59.5B |
| 负债/权益比越低杠杆越低 | 0.24× | — |
8季度趋势，按日历期对齐
现金及短期投资GDMCD
| Q1 26 | $3.7B | — | ||
| Q4 25 | $2.3B | $774.0M | ||
| Q3 25 | $2.5B | $2.4B | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $1.4B | $792.0M |
总债务GDMCD
| Q1 26 | $6.3B | — | ||
| Q4 25 | $8.1B | $40.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.8B | $38.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益GDMCD
| Q1 26 | $26.1B | — | ||
| Q4 25 | $25.6B | $-1.8B | ||
| Q3 25 | $24.4B | $-2.2B | ||
| Q2 25 | $23.6B | $-2.8B | ||
| Q1 25 | $22.2B | $-3.5B | ||
| Q4 24 | $22.1B | $-3.8B | ||
| Q3 24 | $23.0B | $-5.2B | ||
| Q2 24 | $22.0B | $-4.8B |
总资产GDMCD
| Q1 26 | $59.0B | — | ||
| Q4 25 | $57.2B | $59.5B | ||
| Q3 25 | $57.6B | $60.6B | ||
| Q2 25 | $56.9B | $59.6B | ||
| Q1 25 | $56.6B | $56.3B | ||
| Q4 24 | $55.9B | $55.2B | ||
| Q3 24 | $57.3B | $56.2B | ||
| Q2 24 | $55.4B | $53.8B |
负债/权益比GDMCD
| Q1 26 | 0.24× | — | ||
| Q4 25 | 0.32× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | — | — | ||
| 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 | — | $2.7B |
| 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% | 23.4% |
| 资本支出强度资本支出/营收 | 1.5% | 15.1% |
| 现金转化率经营现金流/净利润 | — | 1.25× |
| 过去12个月自由现金流最近4个季度 | $6.2B | $7.2B |
8季度趋势，按日历期对齐
经营现金流GDMCD
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $2.7B | ||
| Q3 25 | $2.1B | $3.4B | ||
| Q2 25 | $1.6B | $2.0B | ||
| Q1 25 | $-148.0M | $2.4B | ||
| Q4 24 | $2.2B | $2.6B | ||
| Q3 24 | $1.4B | $2.7B | ||
| Q2 24 | $814.0M | $1.7B |
自由现金流GDMCD
| Q1 26 | $2.0B | — | ||
| Q4 25 | $952.0M | $1.6B | ||
| Q3 25 | $1.9B | $2.4B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $-290.0M | $1.9B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.2B | $1.9B | ||
| Q2 24 | $613.0M | $1.1B |
自由现金流率GDMCD
| Q1 26 | 14.5% | — | ||
| Q4 25 | 6.6% | 23.4% | ||
| Q3 25 | 14.7% | 34.1% | ||
| Q2 25 | 10.7% | 18.3% | ||
| Q1 25 | -2.4% | 31.5% | ||
| Q4 24 | 13.5% | 28.6% | ||
| Q3 24 | 10.4% | 28.3% | ||
| Q2 24 | 5.1% | 16.3% |
资本支出强度GDMCD
| Q1 26 | 1.5% | — | ||
| Q4 25 | 4.2% | 15.1% | ||
| Q3 25 | 1.6% | 14.3% | ||
| Q2 25 | 1.5% | 10.9% | ||
| Q1 25 | 1.2% | 9.3% | ||
| Q4 24 | 2.7% | 12.6% | ||
| Q3 24 | 1.7% | 11.6% | ||
| Q2 24 | 1.7% | 9.7% |
现金转化率GDMCD
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | 1.25× | ||
| Q3 25 | 1.99× | 1.50× | ||
| Q2 25 | 1.58× | 0.89× | ||
| Q1 25 | -0.15× | 1.30× | ||
| Q4 24 | 1.88× | 1.30× | ||
| Q3 24 | 1.52× | 1.21× | ||
| Q2 24 | 0.90× | 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
GD
暂无分部数据
MCD
| International Operated Markets | $3.6B | 51% |
| Other | $2.8B | 40% |
| International Developmental Licensed Marketsand Corporate | $633.0M | 9% |
