vs
通用动力（GD）与维萨（V）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维萨的1.2倍（$13.5B vs $11.2B），维萨净利率更高（53.4% vs 8.3%，领先45.1%），维萨同比增速更快（17.0% vs 10.3%），过去两年维萨的营收复合增速更高（8.1% 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。
维萨（Visa Inc.）是总部位于美国加利福尼亚州旧金山的跨国支付卡服务企业，业务覆盖全球电子资金转账领域，旗下拥有Visa品牌的信用卡、借记卡、预付卡等多条产品线，为全球消费者及商户提供安全便捷的电子支付解决方案。
GD vs V — 直观对比
营收规模更大
GD
是对方的1.2倍
$11.2B
营收增速更快
V
高出6.7%
10.3%
净利率更高
V
高出45.1%
8.3%
两年增速更快
V
近两年复合增速
6.1%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $13.5B | $11.2B |
| 净利润 | $1.1B | $6.0B |
| 毛利率 | — | — |
| 营业利润率 | 10.5% | 64.4% |
| 净利率 | 8.3% | 53.4% |
| 营收同比 | 10.3% | 17.0% |
| 净利润同比 | 13.2% | 32.0% |
| 每股收益（稀释后） | $4.10 | — |
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GDV
| Q2 26 | — | $11.2B | ||
| Q1 26 | $13.5B | — | ||
| Q4 25 | $14.4B | $10.9B | ||
| Q3 25 | $12.9B | $10.7B | ||
| Q2 25 | $13.0B | $10.2B | ||
| Q1 25 | $12.2B | $9.6B | ||
| Q4 24 | $13.3B | $9.5B | ||
| Q3 24 | $11.7B | $9.6B |
净利润GDV
| Q2 26 | — | $6.0B | ||
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $5.9B | ||
| Q3 25 | $1.1B | $5.1B | ||
| Q2 25 | $1.0B | $5.3B | ||
| Q1 25 | $994.0M | $4.6B | ||
| Q4 24 | $1.1B | $5.1B | ||
| Q3 24 | $930.0M | $5.3B |
营业利润率GDV
| Q2 26 | — | 64.4% | ||
| Q1 26 | 10.5% | — | ||
| Q4 25 | 10.1% | 61.8% | ||
| Q3 25 | 10.3% | 57.3% | ||
| Q2 25 | 10.0% | 60.7% | ||
| Q1 25 | 10.4% | 56.6% | ||
| Q4 24 | 10.7% | 65.6% | ||
| Q3 24 | 10.1% | 66.0% |
净利率GDV
| Q2 26 | — | 53.4% | ||
| Q1 26 | 8.3% | — | ||
| Q4 25 | 7.9% | 53.7% | ||
| Q3 25 | 8.2% | 47.5% | ||
| Q2 25 | 7.8% | 51.8% | ||
| Q1 25 | 8.1% | 47.7% | ||
| Q4 24 | 8.6% | 53.8% | ||
| Q3 24 | 8.0% | 55.3% |
每股收益（稀释后）GDV
| Q2 26 | — | — | ||
| Q1 26 | $4.10 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
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 | $12.4B |
| 总债务越低越好 | $6.3B | $22.4B |
| 股东权益账面价值 | $26.1B | $35.7B |
| 总资产 | $59.0B | $95.0B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资GDV
| Q2 26 | — | $12.4B | ||
| Q1 26 | $3.7B | — | ||
| Q4 25 | $2.3B | $14.8B | ||
| Q3 25 | $2.5B | $17.2B | ||
| Q2 25 | $1.5B | $17.1B | ||
| Q1 25 | $1.2B | $11.7B | ||
| Q4 24 | $1.7B | $12.4B | ||
| Q3 24 | $2.1B | $12.0B |
总债务GDV
| Q2 26 | — | $22.4B | ||
| Q1 26 | $6.3B | — | ||
| Q4 25 | $8.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.8B | — | ||
| Q3 24 | — | — |
股东权益GDV
| Q2 26 | — | $35.7B | ||
| Q1 26 | $26.1B | — | ||
| Q4 25 | $25.6B | $38.8B | ||
| Q3 25 | $24.4B | $37.9B | ||
| Q2 25 | $23.6B | $38.7B | ||
| Q1 25 | $22.2B | $38.0B | ||
| Q4 24 | $22.1B | $38.3B | ||
| Q3 24 | $23.0B | $39.1B |
总资产GDV
| Q2 26 | — | $95.0B | ||
| Q1 26 | $59.0B | — | ||
| Q4 25 | $57.2B | $96.8B | ||
| Q3 25 | $57.6B | $99.6B | ||
| Q2 25 | $56.9B | $100.0B | ||
| Q1 25 | $56.6B | $92.9B | ||
| Q4 24 | $55.9B | $91.9B | ||
| Q3 24 | $57.3B | $94.5B |
负债/权益比GDV
| Q2 26 | — | 0.63× | ||
| Q1 26 | 0.24× | — | ||
| Q4 25 | 0.32× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $2.0B | — |
| 自由现金流率自由现金流/营收 | 14.5% | — |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $6.2B | — |
8季度趋势，按日历期对齐
经营现金流GDV
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $6.8B | ||
| Q3 25 | $2.1B | $6.2B | ||
| Q2 25 | $1.6B | $6.7B | ||
| Q1 25 | $-148.0M | $4.7B | ||
| Q4 24 | $2.2B | $5.4B | ||
| Q3 24 | $1.4B | $6.7B |
自由现金流GDV
| Q2 26 | — | — | ||
| Q1 26 | $2.0B | — | ||
| Q4 25 | $952.0M | $6.4B | ||
| Q3 25 | $1.9B | $5.8B | ||
| Q2 25 | $1.4B | $6.3B | ||
| Q1 25 | $-290.0M | $4.4B | ||
| Q4 24 | $1.8B | $5.1B | ||
| Q3 24 | $1.2B | $6.4B |
自由现金流率GDV
| Q2 26 | — | — | ||
| Q1 26 | 14.5% | — | ||
| Q4 25 | 6.6% | 58.7% | ||
| Q3 25 | 14.7% | 54.5% | ||
| Q2 25 | 10.7% | 62.0% | ||
| Q1 25 | -2.4% | 45.5% | ||
| Q4 24 | 13.5% | 53.1% | ||
| Q3 24 | 10.4% | 66.1% |
资本支出强度GDV
| Q2 26 | — | — | ||
| Q1 26 | 1.5% | — | ||
| Q4 25 | 4.2% | 3.5% | ||
| Q3 25 | 1.6% | 3.6% | ||
| Q2 25 | 1.5% | 4.1% | ||
| Q1 25 | 1.2% | 3.4% | ||
| Q4 24 | 2.7% | 3.6% | ||
| Q3 24 | 1.7% | 3.2% |
现金转化率GDV
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | 1.16× | ||
| Q3 25 | 1.99× | 1.23× | ||
| Q2 25 | 1.58× | 1.28× | ||
| Q1 25 | -0.15× | 1.03× | ||
| Q4 24 | 1.88× | 1.05× | ||
| Q3 24 | 1.52× | 1.25× |
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
V
| Data processing revenue | $5.5B | 49% |
| International transaction revenue | $3.6B | 32% |
| Other revenue | $1.3B | 12% |
| Other | $736.0M | 7% |
