vs
通用动力（GD）与西斯科（SYY）财务数据对比。点击上方公司名可切换其他公司
西斯科的季度营收约是通用动力的1.4倍（$20.8B vs $14.4B），通用动力净利率更高（7.9% vs 1.9%，领先6.1%），通用动力同比增速更快（7.8% vs 3.0%），通用动力自由现金流更多（$952.0M vs $385.0M），过去两年通用动力的营收复合增速更高（15.8% vs 3.5%）
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。
西斯科是总部位于美国得克萨斯州休斯敦能源走廊区的跨国企业，主要为餐厅、医疗机构、教育机构、体育场馆等各类提供餐食的场所销售配送食品产品，同时也供应餐饮服务相关用品及设备。
GD vs SYY — 直观对比
营收规模更大
SYY
是对方的1.4倍
$14.4B
营收增速更快
GD
高出4.8%
3.0%
净利率更高
GD
高出6.1%
1.9%
自由现金流更多
GD
多$567.0M
$385.0M
两年增速更快
GD
近两年复合增速
3.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $14.4B | $20.8B |
| 净利润 | $1.1B | $389.0M |
| 毛利率 | — | 18.3% |
| 营业利润率 | 10.1% | 3.3% |
| 净利率 | 7.9% | 1.9% |
| 营收同比 | 7.8% | 3.0% |
| 净利润同比 | -0.4% | -4.2% |
| 每股收益（稀释后） | — | $0.81 |
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GDSYY
| Q4 25 | $14.4B | $20.8B | ||
| Q3 25 | $12.9B | $21.1B | ||
| Q2 25 | $13.0B | $21.1B | ||
| Q1 25 | $12.2B | $19.6B | ||
| Q4 24 | $13.3B | $20.2B | ||
| Q3 24 | $11.7B | $20.5B | ||
| Q2 24 | $12.0B | $20.6B | ||
| Q1 24 | $10.7B | $19.4B |
净利润GDSYY
| Q4 25 | $1.1B | $389.0M | ||
| Q3 25 | $1.1B | $476.0M | ||
| Q2 25 | $1.0B | $531.0M | ||
| Q1 25 | $994.0M | $401.0M | ||
| Q4 24 | $1.1B | $406.0M | ||
| Q3 24 | $930.0M | $490.0M | ||
| Q2 24 | $905.0M | $611.7M | ||
| Q1 24 | $799.0M | $424.7M |
毛利率GDSYY
| Q4 25 | — | 18.3% | ||
| Q3 25 | — | 18.4% | ||
| Q2 25 | — | 18.9% | ||
| Q1 25 | — | 18.3% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | — | 18.3% | ||
| Q2 24 | — | 18.7% | ||
| Q1 24 | — | 18.6% |
营业利润率GDSYY
| Q4 25 | 10.1% | 3.3% | ||
| Q3 25 | 10.3% | 3.8% | ||
| Q2 25 | 10.0% | 4.2% | ||
| Q1 25 | 10.4% | 3.5% | ||
| Q4 24 | 10.7% | 3.5% | ||
| Q3 24 | 10.1% | 3.9% | ||
| Q2 24 | 9.7% | 4.7% | ||
| Q1 24 | 9.7% | 3.7% |
净利率GDSYY
| Q4 25 | 7.9% | 1.9% | ||
| Q3 25 | 8.2% | 2.3% | ||
| Q2 25 | 7.8% | 2.5% | ||
| Q1 25 | 8.1% | 2.0% | ||
| Q4 24 | 8.6% | 2.0% | ||
| Q3 24 | 8.0% | 2.4% | ||
| Q2 24 | 7.6% | 3.0% | ||
| Q1 24 | 7.4% | 2.2% |
每股收益（稀释后）GDSYY
| Q4 25 | — | $0.81 | ||
| Q3 25 | — | $0.99 | ||
| Q2 25 | — | $1.10 | ||
| Q1 25 | — | $0.82 | ||
| Q4 24 | — | $0.82 | ||
| Q3 24 | — | $0.99 | ||
| Q2 24 | — | $1.23 | ||
| Q1 24 | — | $0.85 |
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 | $1.2B |
| 总债务越低越好 | $8.1B | $12.4B |
| 股东权益账面价值 | $25.6B | $2.3B |
| 总资产 | $57.2B | $27.2B |
| 负债/权益比越低杠杆越低 | 0.32× | 5.45× |
8季度趋势，按日历期对齐
现金及短期投资GDSYY
| Q4 25 | $2.3B | $1.2B | ||
| Q3 25 | $2.5B | $844.0M | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.7B | $793.0M | ||
| Q3 24 | $2.1B | $733.0M | ||
| Q2 24 | $1.4B | $696.0M | ||
| Q1 24 | $1.0B | $598.3M |
总债务GDSYY
| Q4 25 | $8.1B | $12.4B | ||
| Q3 25 | — | $11.5B | ||
| Q2 25 | — | $12.4B | ||
| Q1 25 | — | $12.2B | ||
| Q4 24 | $8.8B | $11.4B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $11.5B | ||
| Q1 24 | — | $12.1B |
股东权益GDSYY
| Q4 25 | $25.6B | $2.3B | ||
| Q3 25 | $24.4B | $2.1B | ||
| Q2 25 | $23.6B | $1.8B | ||
| Q1 25 | $22.2B | $1.9B | ||
| Q4 24 | $22.1B | $2.0B | ||
| Q3 24 | $23.0B | $2.2B | ||
| Q2 24 | $22.0B | $1.9B | ||
| Q1 24 | $21.4B | $2.1B |
总资产GDSYY
| Q4 25 | $57.2B | $27.2B | ||
| Q3 25 | $57.6B | $27.0B | ||
| Q2 25 | $56.9B | $26.8B | ||
| Q1 25 | $56.6B | $26.3B | ||
| Q4 24 | $55.9B | $25.3B | ||
| Q3 24 | $57.3B | $25.9B | ||
| Q2 24 | $55.4B | $24.9B | ||
| Q1 24 | $55.2B | $24.7B |
负债/权益比GDSYY
| Q4 25 | 0.32× | 5.45× | ||
| Q3 25 | — | 5.54× | ||
| Q2 25 | — | 6.75× | ||
| Q1 25 | — | 6.37× | ||
| Q4 24 | 0.40× | 5.66× | ||
| Q3 24 | — | 5.38× | ||
| Q2 24 | — | 6.19× | ||
| Q1 24 | — | 5.77× |
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 | $525.0M |
| 自由现金流经营现金流 - 资本支出 | $952.0M | $385.0M |
| 自由现金流率自由现金流/营收 | 6.6% | 1.9% |
| 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× | 1.35× |
| 过去12个月自由现金流最近4个季度 | $4.0B | $1.8B |
8季度趋势，按日历期对齐
经营现金流GDSYY
| Q4 25 | $1.6B | $525.0M | ||
| Q3 25 | $2.1B | $86.0M | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $-148.0M | $819.0M | ||
| Q4 24 | $2.2B | $445.0M | ||
| Q3 24 | $1.4B | $53.0M | ||
| Q2 24 | $814.0M | $1.6B | ||
| Q1 24 | $-278.0M | $517.3M |
自由现金流GDSYY
| Q4 25 | $952.0M | $385.0M | ||
| Q3 25 | $1.9B | $-74.0M | ||
| Q2 25 | $1.4B | $819.0M | ||
| Q1 25 | $-290.0M | $620.0M | ||
| Q4 24 | $1.8B | $234.0M | ||
| Q3 24 | $1.2B | $-69.0M | ||
| Q2 24 | $613.0M | $1.3B | ||
| Q1 24 | $-437.0M | $333.9M |
自由现金流率GDSYY
| Q4 25 | 6.6% | 1.9% | ||
| Q3 25 | 14.7% | -0.3% | ||
| Q2 25 | 10.7% | 3.9% | ||
| Q1 25 | -2.4% | 3.2% | ||
| Q4 24 | 13.5% | 1.2% | ||
| Q3 24 | 10.4% | -0.3% | ||
| Q2 24 | 5.1% | 6.4% | ||
| Q1 24 | -4.1% | 1.7% |
资本支出强度GDSYY
| Q4 25 | 4.2% | 0.7% | ||
| Q3 25 | 1.6% | 0.8% | ||
| Q2 25 | 1.5% | 1.8% | ||
| Q1 25 | 1.2% | 1.0% | ||
| Q4 24 | 2.7% | 1.0% | ||
| Q3 24 | 1.7% | 0.6% | ||
| Q2 24 | 1.7% | 1.5% | ||
| Q1 24 | 1.5% | 0.9% |
现金转化率GDSYY
| Q4 25 | 1.37× | 1.35× | ||
| Q3 25 | 1.99× | 0.18× | ||
| Q2 25 | 1.58× | 2.25× | ||
| Q1 25 | -0.15× | 2.04× | ||
| Q4 24 | 1.88× | 1.10× | ||
| Q3 24 | 1.52× | 0.11× | ||
| Q2 24 | 0.90× | 2.64× | ||
| Q1 24 | -0.35× | 1.22× |
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% |
SYY
| International Foodservice Operations | $4.0B | 19% |
| Fresh And Frozen Meats1 | $3.0B | 14% |
| Canned And Dry Products1 | $2.7B | 13% |
| Sygma Segment | $2.1B | 10% |
| Frozen Fruits Vegetables Bakery And Other1 | $2.1B | 10% |
| Dairy Products1 | $1.5B | 7% |
| Poultry1 | $1.3B | 6% |
| Fresh Produce1 | $1.3B | 6% |
| Paper And Disposables1 | $1.0B | 5% |
| Seafood1 | $542.0M | 3% |
| Beverage Products1 | $390.0M | 2% |
| Other Products | $289.0M | 1% |
| Equipment And Smallwares | $286.0M | 1% |
