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通用动力（GD）与百事公司（PFGC）财务数据对比。点击上方公司名可切换其他公司
百事公司的季度营收约是通用动力的1.1倍（$16.4B vs $14.4B），通用动力净利率更高（7.9% vs 0.4%，领先7.6%），通用动力同比增速更快（7.8% vs 5.2%），通用动力自由现金流更多（$952.0M vs $487.8M），过去两年通用动力的营收复合增速更高（15.8% vs 8.9%）
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。
百事公司是总部位于美国纽约州珀彻斯的跨国食品饮料企业，1965年由百事可乐公司与菲多利合并成立。业务覆盖食品饮料全领域，负责旗下产品的生产、分销与市场营销，产品矩阵从最初的百事可乐扩展到了丰富多元的知名品牌组合。
GD vs PFGC — 直观对比
营收规模更大
PFGC
是对方的1.1倍
$14.4B
营收增速更快
GD
高出2.6%
5.2%
净利率更高
GD
高出7.6%
0.4%
自由现金流更多
GD
多$464.2M
$487.8M
两年增速更快
GD
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $14.4B | $16.4B |
| 净利润 | $1.1B | $61.7M |
| 毛利率 | — | 12.0% |
| 营业利润率 | 10.1% | 1.2% |
| 净利率 | 7.9% | 0.4% |
| 营收同比 | 7.8% | 5.2% |
| 净利润同比 | -0.4% | 45.5% |
| 每股收益（稀释后） | — | $0.39 |
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GDPFGC
| Q4 25 | $14.4B | $16.4B | ||
| Q3 25 | $12.9B | $17.1B | ||
| Q2 25 | $13.0B | $16.9B | ||
| Q1 25 | $12.2B | $15.3B | ||
| Q4 24 | $13.3B | $15.6B | ||
| Q3 24 | $11.7B | $15.4B | ||
| Q2 24 | $12.0B | $15.2B | ||
| Q1 24 | $10.7B | $13.9B |
净利润GDPFGC
| Q4 25 | $1.1B | $61.7M | ||
| Q3 25 | $1.1B | $93.6M | ||
| Q2 25 | $1.0B | $131.5M | ||
| Q1 25 | $994.0M | $58.3M | ||
| Q4 24 | $1.1B | $42.4M | ||
| Q3 24 | $930.0M | $108.0M | ||
| Q2 24 | $905.0M | $166.5M | ||
| Q1 24 | $799.0M | $70.4M |
毛利率GDPFGC
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 11.9% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 11.3% |
营业利润率GDPFGC
| Q4 25 | 10.1% | 1.2% | ||
| Q3 25 | 10.3% | 1.3% | ||
| Q2 25 | 10.0% | 1.6% | ||
| Q1 25 | 10.4% | 1.1% | ||
| Q4 24 | 10.7% | 1.0% | ||
| Q3 24 | 10.1% | 1.4% | ||
| Q2 24 | 9.7% | 1.9% | ||
| Q1 24 | 9.7% | 1.1% |
净利率GDPFGC
| Q4 25 | 7.9% | 0.4% | ||
| Q3 25 | 8.2% | 0.5% | ||
| Q2 25 | 7.8% | 0.8% | ||
| Q1 25 | 8.1% | 0.4% | ||
| Q4 24 | 8.6% | 0.3% | ||
| Q3 24 | 8.0% | 0.7% | ||
| Q2 24 | 7.6% | 1.1% | ||
| Q1 24 | 7.4% | 0.5% |
每股收益（稀释后）GDPFGC
| Q4 25 | — | $0.39 | ||
| Q3 25 | — | $0.60 | ||
| Q2 25 | — | $0.85 | ||
| Q1 25 | — | $0.37 | ||
| Q4 24 | — | $0.27 | ||
| Q3 24 | — | $0.69 | ||
| Q2 24 | — | $1.07 | ||
| Q1 24 | — | $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 | $2.3B | — |
| 总债务越低越好 | $8.1B | $5.3B |
| 股东权益账面价值 | $25.6B | $4.6B |
| 总资产 | $57.2B | $18.2B |
| 负债/权益比越低杠杆越低 | 0.32× | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资GDPFGC
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.0B | — |
总债务GDPFGC
| Q4 25 | $8.1B | $5.3B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | $8.8B | $5.7B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
股东权益GDPFGC
| Q4 25 | $25.6B | $4.6B | ||
| Q3 25 | $24.4B | $4.6B | ||
| Q2 25 | $23.6B | $4.5B | ||
| Q1 25 | $22.2B | $4.3B | ||
| Q4 24 | $22.1B | $4.3B | ||
| Q3 24 | $23.0B | $4.2B | ||
| Q2 24 | $22.0B | $4.1B | ||
| Q1 24 | $21.4B | $4.0B |
总资产GDPFGC
| Q4 25 | $57.2B | $18.2B | ||
| Q3 25 | $57.6B | $18.4B | ||
| Q2 25 | $56.9B | $17.9B | ||
| Q1 25 | $56.6B | $17.1B | ||
| Q4 24 | $55.9B | $17.1B | ||
| Q3 24 | $57.3B | $14.4B | ||
| Q2 24 | $55.4B | $13.4B | ||
| Q1 24 | $55.2B | $12.9B |
负债/权益比GDPFGC
| Q4 25 | 0.32× | 1.13× | ||
| Q3 25 | — | 1.23× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 1.25× | ||
| Q4 24 | 0.40× | 1.34× | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.81× |
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 | $1.6B | $601.2M |
| 自由现金流经营现金流 - 资本支出 | $952.0M | $487.8M |
| 自由现金流率自由现金流/营收 | 6.6% | 3.0% |
| 资本支出强度资本支出/营收 | 4.2% | 0.7% |
| 现金转化率经营现金流/净利润 | 1.37× | 9.74× |
| 过去12个月自由现金流最近4个季度 | $4.0B | $792.7M |
8季度趋势，按日历期对齐
经营现金流GDPFGC
| Q4 25 | $1.6B | $601.2M | ||
| Q3 25 | $2.1B | $-145.2M | ||
| Q2 25 | $1.6B | $383.0M | ||
| Q1 25 | $-148.0M | $448.1M | ||
| Q4 24 | $2.2B | $325.5M | ||
| Q3 24 | $1.4B | $53.5M | ||
| Q2 24 | $814.0M | $206.3M | ||
| Q1 24 | $-278.0M | $402.7M |
自由现金流GDPFGC
| Q4 25 | $952.0M | $487.8M | ||
| Q3 25 | $1.9B | $-224.1M | ||
| Q2 25 | $1.4B | $209.7M | ||
| Q1 25 | $-290.0M | $319.3M | ||
| Q4 24 | $1.8B | $218.1M | ||
| Q3 24 | $1.2B | $-43.0M | ||
| Q2 24 | $613.0M | $55.1M | ||
| Q1 24 | $-437.0M | $305.4M |
自由现金流率GDPFGC
| Q4 25 | 6.6% | 3.0% | ||
| Q3 25 | 14.7% | -1.3% | ||
| Q2 25 | 10.7% | 1.2% | ||
| Q1 25 | -2.4% | 2.1% | ||
| Q4 24 | 13.5% | 1.4% | ||
| Q3 24 | 10.4% | -0.3% | ||
| Q2 24 | 5.1% | 0.4% | ||
| Q1 24 | -4.1% | 2.2% |
资本支出强度GDPFGC
| Q4 25 | 4.2% | 0.7% | ||
| Q3 25 | 1.6% | 0.5% | ||
| Q2 25 | 1.5% | 1.0% | ||
| Q1 25 | 1.2% | 0.8% | ||
| Q4 24 | 2.7% | 0.7% | ||
| Q3 24 | 1.7% | 0.6% | ||
| Q2 24 | 1.7% | 1.0% | ||
| Q1 24 | 1.5% | 0.7% |
现金转化率GDPFGC
| Q4 25 | 1.37× | 9.74× | ||
| Q3 25 | 1.99× | -1.55× | ||
| Q2 25 | 1.58× | 2.91× | ||
| Q1 25 | -0.15× | 7.69× | ||
| Q4 24 | 1.88× | 7.68× | ||
| Q3 24 | 1.52× | 0.50× | ||
| Q2 24 | 0.90× | 1.24× | ||
| Q1 24 | -0.35× | 5.72× |
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
| Aerospace | $3.8B | 26% |
| Cost Reimbursement | $2.5B | 17% |
| Information Technology Services | $2.1B | 15% |
| Militaryvehicles | $1.2B | 9% |
| C5ISR Solutions | $1.1B | 8% |
| Aircraft Services | $965.0M | 7% |
| Weapons Systemsand Munitions | $935.0M | 7% |
| Surfaceships | $920.0M | 6% |
| Engineeringand Other Services | $360.0M | 3% |
| Repairand Other Services | $344.0M | 2% |
| Contracts Accounted For Under Percentage Of Completion | $88.0M | 1% |
PFGC
| Foodservice | $8.8B | 54% |
| Convenience | $6.3B | 38% |
| Specialty | $1.3B | 8% |
