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Graham Holdings Co（GHC）与亨廷顿·英格尔斯工业（HII）财务数据对比。点击上方公司名可切换其他公司
亨廷顿·英格尔斯工业的季度营收约是Graham Holdings Co的1.3倍（$1.7B vs $1.3B），亨廷顿·英格尔斯工业净利率更高（8.9% vs 8.7%，领先0.3%），亨廷顿·英格尔斯工业同比增速更快（13.8% vs 0.4%），Graham Holdings Co自由现金流更多（$5.0M vs $-461.0M），过去两年Graham Holdings Co的营收复合增速更高（4.2% vs -25.2%）
Graham Holdings是一家总部位于美国弗吉尼亚州阿灵顿县、在特拉华州注册的多元化综合控股集团，曾持有知名媒体《华盛顿邮报》与《新闻周刊》的所有权，旗下业务覆盖多个领域，在北美市场拥有深厚的行业运营积淀。
亨廷顿·英格尔斯工业（简称HII）是美国规模最大的军用造船企业，同时面向政府及行业合作伙伴提供专业服务。公司于2011年3月31日从诺斯罗普·格鲁曼公司分拆成立，在防务装备建造及配套服务领域拥有深厚技术积累与行业资源。
GHC vs HII — 直观对比
营收规模更大
HII
是对方的1.3倍
$1.3B
营收增速更快
HII
高出13.4%
0.4%
净利率更高
HII
高出0.3%
8.7%
自由现金流更多
GHC
多$466.0M
$-461.0M
两年增速更快
GHC
近两年复合增速
-25.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.7B |
| 净利润 | $108.7M | $149.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.8% | 9.3% |
| 净利率 | 8.7% | 8.9% |
| 营收同比 | 0.4% | 13.8% |
| 净利润同比 | -80.2% | — |
| 每股收益（稀释后） | $24.76 | $3.79 |
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GHCHII
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.3B | $3.5B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.2B | $3.1B | ||
| Q1 25 | $1.2B | $2.7B | ||
| Q4 24 | $1.2B | $3.0B | ||
| Q3 24 | $1.2B | $2.7B | ||
| Q2 24 | $1.2B | $3.0B |
净利润GHCHII
| Q1 26 | — | $149.0M | ||
| Q4 25 | $108.7M | $159.0M | ||
| Q3 25 | $122.9M | $145.0M | ||
| Q2 25 | $36.7M | $152.0M | ||
| Q1 25 | $23.9M | $149.0M | ||
| Q4 24 | $548.8M | $123.0M | ||
| Q3 24 | $72.5M | $101.0M | ||
| Q2 24 | $-21.0M | $173.0M |
营业利润率GHCHII
| Q1 26 | — | 9.3% | ||
| Q4 25 | 3.8% | 4.9% | ||
| Q3 25 | 5.2% | 5.0% | ||
| Q2 25 | 6.0% | 5.3% | ||
| Q1 25 | 4.1% | 5.9% | ||
| Q4 24 | 5.8% | 3.7% | ||
| Q3 24 | 6.8% | 3.0% | ||
| Q2 24 | 2.2% | 6.3% |
净利率GHCHII
| Q1 26 | — | 8.9% | ||
| Q4 25 | 8.7% | 4.6% | ||
| Q3 25 | 9.6% | 4.5% | ||
| Q2 25 | 3.0% | 4.9% | ||
| Q1 25 | 2.0% | 5.4% | ||
| Q4 24 | 44.1% | 4.1% | ||
| Q3 24 | 6.0% | 3.7% | ||
| Q2 24 | -1.8% | 5.8% |
每股收益（稀释后）GHCHII
| Q1 26 | — | $3.79 | ||
| Q4 25 | $24.76 | $4.06 | ||
| Q3 25 | $27.91 | $3.68 | ||
| Q2 25 | $8.35 | $3.86 | ||
| Q1 25 | $5.45 | $3.79 | ||
| Q4 24 | $124.05 | $3.15 | ||
| Q3 24 | $16.42 | $2.56 | ||
| Q2 24 | $-4.79 | $4.38 |
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 | $267.0M | $216.0M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $4.8B | $5.1B |
| 总资产 | $8.4B | $12.5B |
| 负债/权益比越低杠杆越低 | — | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资GHCHII
| Q1 26 | — | $216.0M | ||
| Q4 25 | $267.0M | — | ||
| Q3 25 | $190.8M | — | ||
| Q2 25 | $176.2M | — | ||
| Q1 25 | $156.7M | — | ||
| Q4 24 | $260.9M | — | ||
| Q3 24 | $244.4M | — | ||
| Q2 24 | $140.7M | — |
总债务GHCHII
| Q1 26 | — | $2.7B | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益GHCHII
| Q1 26 | — | $5.1B | ||
| Q4 25 | $4.8B | $5.1B | ||
| Q3 25 | $4.5B | $5.0B | ||
| Q2 25 | $4.4B | $4.9B | ||
| Q1 25 | $4.3B | $4.8B | ||
| Q4 24 | $4.3B | $4.7B | ||
| Q3 24 | $4.0B | $4.2B | ||
| Q2 24 | $4.0B | $4.2B |
总资产GHCHII
| Q1 26 | — | $12.5B | ||
| Q4 25 | $8.4B | $12.7B | ||
| Q3 25 | $7.9B | $12.3B | ||
| Q2 25 | $7.6B | $12.1B | ||
| Q1 25 | $7.6B | $12.1B | ||
| Q4 24 | $7.7B | $12.1B | ||
| Q3 24 | $7.4B | $11.1B | ||
| Q2 24 | $7.2B | $11.3B |
负债/权益比GHCHII
| Q1 26 | — | 0.52× | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | — | ||
| Q2 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 | $28.3M | $-390.0M |
| 自由现金流经营现金流 - 资本支出 | $5.0M | $-461.0M |
| 自由现金流率自由现金流/营收 | 0.4% | -27.7% |
| 资本支出强度资本支出/营收 | 1.9% | 4.4% |
| 现金转化率经营现金流/净利润 | 0.26× | -2.62× |
| 过去12个月自由现金流最近4个季度 | $275.3M | $795.0M |
8季度趋势，按日历期对齐
经营现金流GHCHII
| Q1 26 | — | $-390.0M | ||
| Q4 25 | $28.3M | $650.0M | ||
| Q3 25 | $178.1M | $118.0M | ||
| Q2 25 | $94.8M | $823.0M | ||
| Q1 25 | $46.0M | $-395.0M | ||
| Q4 24 | $116.3M | $391.0M | ||
| Q3 24 | $237.6M | $213.0M | ||
| Q2 24 | $52.0M | $-9.0M |
自由现金流GHCHII
| Q1 26 | — | $-461.0M | ||
| Q4 25 | $5.0M | $516.0M | ||
| Q3 25 | $161.8M | $13.0M | ||
| Q2 25 | $78.0M | $727.0M | ||
| Q1 25 | $30.5M | $-462.0M | ||
| Q4 24 | $91.1M | $277.0M | ||
| Q3 24 | $219.4M | $125.0M | ||
| Q2 24 | $33.7M | $-99.0M |
自由现金流率GHCHII
| Q1 26 | — | -27.7% | ||
| Q4 25 | 0.4% | 14.8% | ||
| Q3 25 | 12.6% | 0.4% | ||
| Q2 25 | 6.4% | 23.6% | ||
| Q1 25 | 2.6% | -16.9% | ||
| Q4 24 | 7.3% | 9.2% | ||
| Q3 24 | 18.2% | 4.5% | ||
| Q2 24 | 2.8% | -3.3% |
资本支出强度GHCHII
| Q1 26 | — | 4.4% | ||
| Q4 25 | 1.9% | 3.9% | ||
| Q3 25 | 1.3% | 3.3% | ||
| Q2 25 | 1.4% | 3.1% | ||
| Q1 25 | 1.3% | 2.5% | ||
| Q4 24 | 2.0% | 3.8% | ||
| Q3 24 | 1.5% | 3.2% | ||
| Q2 24 | 1.5% | 3.0% |
现金转化率GHCHII
| Q1 26 | — | -2.62× | ||
| Q4 25 | 0.26× | 4.09× | ||
| Q3 25 | 1.45× | 0.81× | ||
| Q2 25 | 2.58× | 5.41× | ||
| Q1 25 | 1.93× | -2.65× | ||
| Q4 24 | 0.21× | 3.18× | ||
| Q3 24 | 3.28× | 2.11× | ||
| Q2 24 | — | -0.05× |
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
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
HII
暂无分部数据
