vs
固瑞克（GGG）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是固瑞克的1.0倍（$614.5M vs $593.2M），固瑞克净利率更高（22.3% vs -2.0%，领先24.3%），Cloudflare, Inc.同比增速更快（33.6% vs 8.1%），固瑞克自由现金流更多（$184.3M vs $105.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 9.8%）
固瑞克（Graco Inc.）是总部位于美国明尼苏达州明尼阿波利斯的工业企业，专注于流体处理系统及相关产品的研发与制造，旗下产品销往全球各地，广泛应用于多个工业领域。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
GGG vs NET — 直观对比
营收规模更大
NET
是对方的1.0倍
$593.2M
营收增速更快
NET
高出25.5%
8.1%
净利率更高
GGG
高出24.3%
-2.0%
自由现金流更多
GGG
多$79.1M
$105.2M
两年增速更快
NET
近两年复合增速
9.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $593.2M | $614.5M |
| 净利润 | $132.5M | $-12.1M |
| 毛利率 | 51.7% | 73.6% |
| 营业利润率 | 26.7% | -8.0% |
| 净利率 | 22.3% | -2.0% |
| 营收同比 | 8.1% | 33.6% |
| 净利润同比 | 21.9% | 6.0% |
| 每股收益（稀释后） | $0.78 | $-0.03 |
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GGGNET
| Q4 25 | $593.2M | $614.5M | ||
| Q3 25 | $543.4M | $562.0M | ||
| Q2 25 | $571.8M | $512.3M | ||
| Q1 25 | $528.3M | $479.1M | ||
| Q4 24 | $548.7M | $459.9M | ||
| Q3 24 | $519.2M | $430.1M | ||
| Q2 24 | $553.2M | $401.0M | ||
| Q1 24 | $492.2M | $378.6M |
净利润GGGNET
| Q4 25 | $132.5M | $-12.1M | ||
| Q3 25 | $137.6M | $-1.3M | ||
| Q2 25 | $127.6M | $-50.4M | ||
| Q1 25 | $124.1M | $-38.5M | ||
| Q4 24 | $108.7M | $-12.8M | ||
| Q3 24 | $122.2M | $-15.3M | ||
| Q2 24 | $133.0M | $-15.1M | ||
| Q1 24 | $122.2M | $-35.5M |
毛利率GGGNET
| Q4 25 | 51.7% | 73.6% | ||
| Q3 25 | 53.2% | 74.0% | ||
| Q2 25 | 52.4% | 74.9% | ||
| Q1 25 | 52.6% | 75.9% | ||
| Q4 24 | 50.9% | 76.4% | ||
| Q3 24 | 53.2% | 77.7% | ||
| Q2 24 | 54.4% | 77.8% | ||
| Q1 24 | 54.1% | 77.5% |
营业利润率GGGNET
| Q4 25 | 26.7% | -8.0% | ||
| Q3 25 | 30.3% | -6.7% | ||
| Q2 25 | 27.5% | -13.1% | ||
| Q1 25 | 27.3% | -11.1% | ||
| Q4 24 | 23.7% | -7.5% | ||
| Q3 24 | 28.1% | -7.2% | ||
| Q2 24 | 29.2% | -8.7% | ||
| Q1 24 | 27.0% | -14.4% |
净利率GGGNET
| Q4 25 | 22.3% | -2.0% | ||
| Q3 25 | 25.3% | -0.2% | ||
| Q2 25 | 22.3% | -9.8% | ||
| Q1 25 | 23.5% | -8.0% | ||
| Q4 24 | 19.8% | -2.8% | ||
| Q3 24 | 23.5% | -3.6% | ||
| Q2 24 | 24.0% | -3.8% | ||
| Q1 24 | 24.8% | -9.4% |
每股收益（稀释后）GGGNET
| Q4 25 | $0.78 | $-0.03 | ||
| Q3 25 | $0.82 | $0.00 | ||
| Q2 25 | $0.76 | $-0.15 | ||
| Q1 25 | $0.72 | $-0.11 | ||
| Q4 24 | $0.63 | $-0.05 | ||
| Q3 24 | $0.71 | $-0.04 | ||
| Q2 24 | $0.77 | $-0.04 | ||
| Q1 24 | $0.71 | $-0.10 |
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 | $624.1M | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $1.5B |
| 总资产 | $3.3B | $6.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GGGNET
| Q4 25 | $624.1M | $943.5M | ||
| Q3 25 | $618.7M | $1.1B | ||
| Q2 25 | $534.9M | $1.5B | ||
| Q1 25 | $536.1M | $204.5M | ||
| Q4 24 | $675.3M | $147.7M | ||
| Q3 24 | $764.5M | $182.9M | ||
| Q2 24 | $666.0M | $157.0M | ||
| Q1 24 | $622.7M | $254.4M |
股东权益GGGNET
| Q4 25 | $2.7B | $1.5B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $2.5B | $1.2B | ||
| Q1 25 | $2.5B | $1.4B | ||
| Q4 24 | $2.6B | $1.0B | ||
| Q3 24 | $2.5B | $973.1M | ||
| Q2 24 | $2.4B | $881.5M | ||
| Q1 24 | $2.3B | $797.2M |
总资产GGGNET
| Q4 25 | $3.3B | $6.0B | ||
| Q3 25 | $3.2B | $5.8B | ||
| Q2 25 | $3.0B | $5.6B | ||
| Q1 25 | $3.0B | $3.7B | ||
| Q4 24 | $3.1B | $3.3B | ||
| Q3 24 | $3.0B | $3.1B | ||
| Q2 24 | $2.9B | $2.9B | ||
| Q1 24 | $2.8B | $2.8B |
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 | $196.3M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $184.3M | $105.2M |
| 自由现金流率自由现金流/营收 | 31.1% | 17.1% |
| 资本支出强度资本支出/营收 | 2.0% | 13.9% |
| 现金转化率经营现金流/净利润 | 1.48× | — |
| 过去12个月自由现金流最近4个季度 | $637.9M | $287.5M |
8季度趋势，按日历期对齐
经营现金流GGGNET
| Q4 25 | $196.3M | $190.4M | ||
| Q3 25 | $179.2M | $167.1M | ||
| Q2 25 | $182.7M | $99.8M | ||
| Q1 25 | $125.4M | $145.8M | ||
| Q4 24 | $185.2M | $127.3M | ||
| Q3 24 | $178.6M | $104.7M | ||
| Q2 24 | $139.0M | $74.8M | ||
| Q1 24 | $118.9M | $73.6M |
自由现金流GGGNET
| Q4 25 | $184.3M | $105.2M | ||
| Q3 25 | $175.7M | $82.5M | ||
| Q2 25 | $163.1M | $39.9M | ||
| Q1 25 | $114.8M | $59.9M | ||
| Q4 24 | $171.3M | $54.2M | ||
| Q3 24 | $159.2M | $54.5M | ||
| Q2 24 | $102.7M | $45.2M | ||
| Q1 24 | $81.7M | $41.5M |
自由现金流率GGGNET
| Q4 25 | 31.1% | 17.1% | ||
| Q3 25 | 32.3% | 14.7% | ||
| Q2 25 | 28.5% | 7.8% | ||
| Q1 25 | 21.7% | 12.5% | ||
| Q4 24 | 31.2% | 11.8% | ||
| Q3 24 | 30.7% | 12.7% | ||
| Q2 24 | 18.6% | 11.3% | ||
| Q1 24 | 16.6% | 11.0% |
资本支出强度GGGNET
| Q4 25 | 2.0% | 13.9% | ||
| Q3 25 | 0.6% | 15.1% | ||
| Q2 25 | 3.4% | 11.7% | ||
| Q1 25 | 2.0% | 17.9% | ||
| Q4 24 | 2.5% | 15.9% | ||
| Q3 24 | 3.7% | 11.7% | ||
| Q2 24 | 6.6% | 7.4% | ||
| Q1 24 | 7.6% | 8.5% |
现金转化率GGGNET
| Q4 25 | 1.48× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.43× | — | ||
| Q1 25 | 1.01× | — | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | 1.05× | — | ||
| Q1 24 | 0.97× | — |
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
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
