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通用磨坊（GIS）与Unum Group（UNM）财务数据对比。点击上方公司名可切换其他公司
通用磨坊的季度营收约是Unum Group的1.4倍（$4.9B vs $3.4B），通用磨坊净利率更高（8.5% vs 6.9%，领先1.6%），Unum Group同比增速更快（8.5% vs -7.2%），过去两年Unum Group的营收复合增速更高（1.9% vs -2.4%）
通用磨坊是美国知名跨国消费食品企业，主营品牌包装食品的生产与营销，产品通过零售渠道面向大众发售。公司发源于明尼阿波利斯市密西西比河畔的圣安东尼瀑布区域，最初以大型面粉加工业务闻名，现总部位于明尼阿波利斯市郊的明尼苏达州金谷市。
Unum Group是美国财富500强保险企业，总部位于田纳西州查塔努加，前身为1848年成立的联合相互保险公司，1999年合并后曾用名UnumProvident至2007年。集团现设四大业务板块，覆盖美、英、波兰市场，旗下承保主体包括保罗里维尔人寿保险、普罗维登斯人伤意外险公司等。
GIS vs UNM — 直观对比
营收规模更大
GIS
是对方的1.4倍
$3.4B
营收增速更快
UNM
高出15.8%
-7.2%
净利率更高
GIS
高出1.6%
6.9%
两年增速更快
UNM
近两年复合增速
-2.4%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $3.4B |
| 净利润 | $413.0M | $232.0M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 15.0% | — |
| 净利率 | 8.5% | 6.9% |
| 营收同比 | -7.2% | 8.5% |
| 净利润同比 | -48.1% | 22.7% |
| 每股收益（稀释后） | $0.78 | — |
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GISUNM
| Q1 26 | — | $3.4B | ||
| Q4 25 | $4.9B | $3.2B | ||
| Q3 25 | $4.5B | $3.4B | ||
| Q2 25 | $4.6B | $3.4B | ||
| Q1 25 | $4.8B | $3.1B | ||
| Q4 24 | $5.2B | $3.2B | ||
| Q3 24 | $4.8B | $3.2B | ||
| Q2 24 | $4.7B | $3.2B |
净利润GISUNM
| Q1 26 | — | $232.0M | ||
| Q4 25 | $413.0M | $174.1M | ||
| Q3 25 | $1.2B | $39.7M | ||
| Q2 25 | $294.0M | $335.6M | ||
| Q1 25 | $625.6M | $189.1M | ||
| Q4 24 | $795.7M | $348.7M | ||
| Q3 24 | $579.9M | $645.7M | ||
| Q2 24 | $557.5M | $389.5M |
毛利率GISUNM
| Q1 26 | — | — | ||
| Q4 25 | 34.8% | — | ||
| Q3 25 | 33.9% | — | ||
| Q2 25 | 32.4% | — | ||
| Q1 25 | 33.9% | — | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 34.8% | — | ||
| Q2 24 | 35.8% | — |
营业利润率GISUNM
| Q1 26 | — | — | ||
| Q4 25 | 15.0% | 6.7% | ||
| Q3 25 | 38.2% | 1.6% | ||
| Q2 25 | 11.1% | 12.4% | ||
| Q1 25 | 18.4% | 7.9% | ||
| Q4 24 | 20.6% | 13.8% | ||
| Q3 24 | 17.2% | 15.6% | ||
| Q2 24 | 16.5% | 15.3% |
净利率GISUNM
| Q1 26 | — | 6.9% | ||
| Q4 25 | 8.5% | 5.4% | ||
| Q3 25 | 26.7% | 1.2% | ||
| Q2 25 | 6.5% | 10.0% | ||
| Q1 25 | 12.9% | 6.1% | ||
| Q4 24 | 15.2% | 10.8% | ||
| Q3 24 | 12.0% | 20.1% | ||
| Q2 24 | 11.8% | 12.0% |
每股收益（稀释后）GISUNM
| Q1 26 | — | — | ||
| Q4 25 | $0.78 | $1.06 | ||
| Q3 25 | $2.22 | $0.23 | ||
| Q2 25 | $0.53 | $1.92 | ||
| Q1 25 | $1.12 | $1.06 | ||
| Q4 24 | $1.42 | $1.91 | ||
| Q3 24 | $1.03 | $3.46 | ||
| Q2 24 | $0.98 | $2.05 |
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 | $683.4M | $2.1M |
| 总债务越低越好 | $12.2B | $3.8M |
| 股东权益账面价值 | $9.3B | $10.9M |
| 总资产 | $32.5B | $62.7M |
| 负债/权益比越低杠杆越低 | 1.31× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资GISUNM
| Q1 26 | — | $2.1M | ||
| Q4 25 | $683.4M | — | ||
| Q3 25 | $952.9M | — | ||
| Q2 25 | $363.9M | — | ||
| Q1 25 | $521.3M | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $468.1M | — | ||
| Q2 24 | $418.0M | — |
总债务GISUNM
| Q1 26 | — | $3.8M | ||
| Q4 25 | $12.2B | $3.8B | ||
| Q3 25 | $12.2B | $3.5B | ||
| Q2 25 | $12.7B | $3.5B | ||
| Q1 25 | $11.8B | $3.5B | ||
| Q4 24 | $12.4B | $3.5B | ||
| Q3 24 | $11.4B | $3.5B | ||
| Q2 24 | $11.3B | $3.5B |
股东权益GISUNM
| Q1 26 | — | $10.9M | ||
| Q4 25 | $9.3B | $11.1B | ||
| Q3 25 | $9.5B | $10.9B | ||
| Q2 25 | $9.2B | $11.3B | ||
| Q1 25 | $9.3B | $11.2B | ||
| Q4 24 | $9.2B | $11.0B | ||
| Q3 24 | $9.3B | $11.0B | ||
| Q2 24 | $9.4B | $10.5B |
总资产GISUNM
| Q1 26 | — | $62.7M | ||
| Q4 25 | $32.5B | $63.5B | ||
| Q3 25 | $33.0B | $63.7B | ||
| Q2 25 | $33.1B | $62.8B | ||
| Q1 25 | $32.7B | $62.5B | ||
| Q4 24 | $33.4B | $62.0B | ||
| Q3 24 | $31.8B | $64.1B | ||
| Q2 24 | $31.5B | $62.0B |
负债/权益比GISUNM
| Q1 26 | — | 0.35× | ||
| Q4 25 | 1.31× | 0.34× | ||
| Q3 25 | 1.29× | 0.32× | ||
| Q2 25 | 1.38× | 0.31× | ||
| Q1 25 | 1.28× | 0.31× | ||
| Q4 24 | 1.35× | 0.32× | ||
| Q3 24 | 1.23× | 0.32× | ||
| Q2 24 | 1.20× | 0.33× |
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 | $819.3M | — |
| 自由现金流经营现金流 - 资本支出 | $675.7M | — |
| 自由现金流率自由现金流/营收 | 13.9% | — |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | $1.8B | — |
8季度趋势，按日历期对齐
经营现金流GISUNM
| Q1 26 | — | — | ||
| Q4 25 | $819.3M | $357.9M | ||
| Q3 25 | $397.0M | $-371.8M | ||
| Q2 25 | $611.6M | $348.0M | ||
| Q1 25 | $531.9M | $353.6M | ||
| Q4 24 | $1.2B | $485.8M | ||
| Q3 24 | $624.2M | $390.0M | ||
| Q2 24 | $863.7M | $339.1M |
自由现金流GISUNM
| Q1 26 | — | — | ||
| Q4 25 | $675.7M | $320.1M | ||
| Q3 25 | $287.5M | $-402.6M | ||
| Q2 25 | $391.4M | $320.1M | ||
| Q1 25 | $428.0M | $317.8M | ||
| Q4 24 | $989.6M | $453.8M | ||
| Q3 24 | $483.9M | $352.3M | ||
| Q2 24 | $575.2M | $311.4M |
自由现金流率GISUNM
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 9.9% | ||
| Q3 25 | 6.4% | -11.9% | ||
| Q2 25 | 8.6% | 9.5% | ||
| Q1 25 | 8.8% | 10.3% | ||
| Q4 24 | 18.9% | 14.0% | ||
| Q3 24 | 10.0% | 11.0% | ||
| Q2 24 | 12.2% | 9.6% |
资本支出强度GISUNM
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 1.2% | ||
| Q3 25 | 2.4% | 0.9% | ||
| Q2 25 | 4.8% | 0.8% | ||
| Q1 25 | 2.1% | 1.2% | ||
| Q4 24 | 3.1% | 1.0% | ||
| Q3 24 | 2.9% | 1.2% | ||
| Q2 24 | 6.1% | 0.9% |
现金转化率GISUNM
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 2.06× | ||
| Q3 25 | 0.33× | -9.37× | ||
| Q2 25 | 2.08× | 1.04× | ||
| Q1 25 | 0.85× | 1.87× | ||
| Q4 24 | 1.45× | 1.39× | ||
| Q3 24 | 1.08× | 0.60× | ||
| Q2 24 | 1.55× | 0.87× |
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
GIS
| Snacks | $1.0B | 21% |
| Convenient Meals | $827.0M | 17% |
| Cereal | $791.2M | 16% |
| Dough | $720.9M | 15% |
| Pet | $698.7M | 14% |
| Baking Mixes And Ingredients | $556.0M | 11% |
| Super Premium Ice Cream | $175.8M | 4% |
| Other Product | $73.3M | 2% |
UNM
| Premium Income | $2.8B | 83% |
| Other | $561.2M | 17% |
