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Gen Digital（GEN）与Sally Beauty Holdings, Inc.（SBH）财务数据对比。点击上方公司名可切换其他公司
Gen Digital的季度营收约是Sally Beauty Holdings, Inc.的1.3倍（$1.2B vs $943.2M），Gen Digital净利率更高（15.5% vs 4.8%，领先10.7%），Gen Digital同比增速更快（28.5% vs 0.6%），过去两年Gen Digital的营收复合增速更高（13.2% vs 1.9%）
Gen Digital是一家跨国软件企业，双总部分别设于美国亚利桑那州坦佩和欧盟捷克布拉格，是财富500强企业及标普500指数成分股，同时在纳斯达克与布拉格证券交易所挂牌上市。公司主营网络安全软件、金融科技及相关服务，旗下拥有诺顿、Avast、LifeLock、AVG、CCleaner等多个知名品牌。
莎莉美容控股是美国的跨国专业美妆用品零售及分销商，主营专业级美容相关产品供应，年营收超39亿美元，业务覆盖全球多个市场，在专业美容供应链领域拥有较高的行业知名度。
GEN vs SBH — 直观对比
营收规模更大
GEN
是对方的1.3倍
$943.2M
营收增速更快
GEN
高出27.9%
0.6%
净利率更高
GEN
高出10.7%
4.8%
两年增速更快
GEN
近两年复合增速
1.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $943.2M |
| 净利润 | $192.0M | $45.6M |
| 毛利率 | 78.4% | 51.2% |
| 营业利润率 | 34.9% | 8.1% |
| 净利率 | 15.5% | 4.8% |
| 营收同比 | 28.5% | 0.6% |
| 净利润同比 | 6.1% | -25.3% |
| 每股收益（稀释后） | $0.31 | $0.45 |
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GENSBH
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $943.2M | ||
| Q3 25 | $1.3B | $947.1M | ||
| Q2 25 | — | $933.3M | ||
| Q1 25 | $1.0B | $883.1M | ||
| Q4 24 | $986.0M | $937.9M | ||
| Q3 24 | $974.0M | $935.0M | ||
| Q2 24 | $965.0M | $942.3M |
净利润GENSBH
| Q1 26 | $192.0M | — | ||
| Q4 25 | $134.0M | $45.6M | ||
| Q3 25 | $135.0M | $49.9M | ||
| Q2 25 | — | $45.7M | ||
| Q1 25 | $142.0M | $39.2M | ||
| Q4 24 | $159.0M | $61.0M | ||
| Q3 24 | $161.0M | $48.1M | ||
| Q2 24 | $181.0M | $37.7M |
毛利率GENSBH
| Q1 26 | 78.4% | — | ||
| Q4 25 | 78.2% | 51.2% | ||
| Q3 25 | 78.8% | 52.2% | ||
| Q2 25 | — | 51.5% | ||
| Q1 25 | 80.3% | 52.0% | ||
| Q4 24 | 80.4% | 50.8% | ||
| Q3 24 | 80.1% | 51.2% | ||
| Q2 24 | 80.3% | 51.0% |
营业利润率GENSBH
| Q1 26 | 34.9% | — | ||
| Q4 25 | 35.9% | 8.1% | ||
| Q3 25 | 35.5% | 8.4% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | 41.3% | 7.9% | ||
| Q4 24 | 37.9% | 10.7% | ||
| Q3 24 | 41.3% | 8.8% | ||
| Q2 24 | 43.2% | 7.6% |
净利率GENSBH
| Q1 26 | 15.5% | — | ||
| Q4 25 | 11.0% | 4.8% | ||
| Q3 25 | 10.7% | 5.3% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | 14.1% | 4.4% | ||
| Q4 24 | 16.1% | 6.5% | ||
| Q3 24 | 16.5% | 5.1% | ||
| Q2 24 | 18.8% | 4.0% |
每股收益（稀释后）GENSBH
| Q1 26 | $0.31 | — | ||
| Q4 25 | $0.21 | $0.45 | ||
| Q3 25 | $0.22 | $0.49 | ||
| Q2 25 | — | $0.44 | ||
| Q1 25 | $0.22 | $0.38 | ||
| Q4 24 | $0.26 | $0.58 | ||
| Q3 24 | $0.26 | $0.45 | ||
| Q2 24 | $0.29 | $0.36 |
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 | — | $157.2M |
| 总债务越低越好 | $8.4B | $842.5M |
| 股东权益账面价值 | $2.3B | $823.6M |
| 总资产 | $15.8B | $2.9B |
| 负债/权益比越低杠杆越低 | 3.61× | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资GENSBH
| Q1 26 | — | — | ||
| Q4 25 | — | $157.2M | ||
| Q3 25 | — | $149.2M | ||
| Q2 25 | — | $112.8M | ||
| Q1 25 | $1.0B | $92.2M | ||
| Q4 24 | $883.0M | $105.5M | ||
| Q3 24 | $737.0M | $108.0M | ||
| Q2 24 | $644.0M | $97.4M |
总债务GENSBH
| Q1 26 | $8.4B | — | ||
| Q4 25 | $8.7B | $842.5M | ||
| Q3 25 | $8.9B | $862.0M | ||
| Q2 25 | — | $882.4M | ||
| Q1 25 | $8.3B | $902.8M | ||
| Q4 24 | $8.5B | $938.1M | ||
| Q3 24 | $8.5B | $978.3M | ||
| Q2 24 | $8.5B | $978.9M |
股东权益GENSBH
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.5B | $823.6M | ||
| Q3 25 | $2.4B | $794.2M | ||
| Q2 25 | — | $762.9M | ||
| Q1 25 | $2.3B | $699.8M | ||
| Q4 24 | $2.2B | $656.5M | ||
| Q3 24 | $2.1B | $628.5M | ||
| Q2 24 | $2.0B | $577.7M |
总资产GENSBH
| Q1 26 | $15.8B | — | ||
| Q4 25 | $16.1B | $2.9B | ||
| Q3 25 | $16.4B | $2.9B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | $15.5B | $2.7B | ||
| Q4 24 | $15.4B | $2.7B | ||
| Q3 24 | $15.5B | $2.8B | ||
| Q2 24 | $15.4B | $2.7B |
负债/权益比GENSBH
| Q1 26 | 3.61× | — | ||
| Q4 25 | 3.54× | 1.02× | ||
| Q3 25 | 3.75× | 1.09× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | 3.64× | 1.29× | ||
| Q4 24 | 3.94× | 1.43× | ||
| Q3 24 | 4.06× | 1.56× | ||
| Q2 24 | 4.33× | 1.69× |
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 | — | $93.2M |
| 自由现金流经营现金流 - 资本支出 | — | $57.5M |
| 自由现金流率自由现金流/营收 | — | 6.1% |
| 资本支出强度资本支出/营收 | — | 3.8% |
| 现金转化率经营现金流/净利润 | — | 2.05× |
| 过去12个月自由现金流最近4个季度 | — | $216.8M |
8季度趋势，按日历期对齐
经营现金流GENSBH
| Q1 26 | — | — | ||
| Q4 25 | $541.0M | $93.2M | ||
| Q3 25 | $409.0M | $120.9M | ||
| Q2 25 | — | $69.4M | ||
| Q1 25 | $473.0M | $51.1M | ||
| Q4 24 | $326.0M | $33.5M | ||
| Q3 24 | $158.0M | $110.7M | ||
| Q2 24 | $264.0M | $47.9M |
自由现金流GENSBH
| Q1 26 | — | — | ||
| Q4 25 | $535.0M | $57.5M | ||
| Q3 25 | $405.0M | $78.0M | ||
| Q2 25 | — | $49.1M | ||
| Q1 25 | $470.0M | $32.2M | ||
| Q4 24 | $318.0M | $13.4M | ||
| Q3 24 | $156.0M | $73.3M | ||
| Q2 24 | $262.0M | $28.7M |
自由现金流率GENSBH
| Q1 26 | — | — | ||
| Q4 25 | 43.9% | 6.1% | ||
| Q3 25 | 32.2% | 8.2% | ||
| Q2 25 | — | 5.3% | ||
| Q1 25 | 46.5% | 3.6% | ||
| Q4 24 | 32.3% | 1.4% | ||
| Q3 24 | 16.0% | 7.8% | ||
| Q2 24 | 27.2% | 3.1% |
资本支出强度GENSBH
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.8% | ||
| Q3 25 | 0.3% | 4.5% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | 0.3% | 2.1% | ||
| Q4 24 | 0.8% | 2.1% | ||
| Q3 24 | 0.2% | 4.0% | ||
| Q2 24 | 0.2% | 2.0% |
现金转化率GENSBH
| Q1 26 | — | — | ||
| Q4 25 | 4.04× | 2.05× | ||
| Q3 25 | 3.03× | 2.42× | ||
| Q2 25 | — | 1.52× | ||
| Q1 25 | 3.33× | 1.30× | ||
| Q4 24 | 2.05× | 0.55× | ||
| Q3 24 | 0.98× | 2.30× | ||
| Q2 24 | 1.46× | 1.27× |
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
GEN
| Cyber Safety Platform | $819.0M | 66% |
| Trust Based Solutions | $421.0M | 34% |
| Net Interest Income On Notes Receivable | $4.0M | 0% |
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
