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通用磨坊（GIS）与西部数据（WDC）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西部数据的1.6倍（$4.9B vs $3.0B），西部数据净利率更高（61.1% vs 8.5%，领先52.6%），西部数据同比增速更快（31.5% vs -7.2%），过去两年通用磨坊的营收复合增速更高（-2.4% vs -6.6%）
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。
西部数据（简称WD）是总部位于美国加利福尼亚州圣何塞的知名数据存储企业，成立于1970年，是全球最大的硬盘驱动器（HDD）制造商之一，产品覆盖消费级、企业级等多元存储场景，为全球客户提供高性能、高可靠性的存储解决方案。
GIS vs WDC — 直观对比
营收规模更大
GIS
是对方的1.6倍
$3.0B
营收增速更快
WDC
高出38.8%
-7.2%
净利率更高
WDC
高出52.6%
8.5%
两年增速更快
GIS
近两年复合增速
-6.6%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $3.0B |
| 净利润 | $413.0M | $1.8B |
| 毛利率 | 34.8% | 45.7% |
| 营业利润率 | 15.0% | 30.1% |
| 净利率 | 8.5% | 61.1% |
| 营收同比 | -7.2% | 31.5% |
| 净利润同比 | -48.1% | 254.2% |
| 每股收益（稀释后） | $0.78 | $4.73 |
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GISWDC
| Q1 26 | — | $3.0B | ||
| Q4 25 | $4.9B | $2.8B | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.6B | $-1.2B | ||
| Q1 25 | $4.8B | $2.3B | ||
| Q4 24 | $5.2B | $4.3B | ||
| Q3 24 | $4.8B | $4.1B | ||
| Q2 24 | $4.7B | $3.8B |
净利润GISWDC
| Q1 26 | — | $1.8B | ||
| Q4 25 | $413.0M | $1.2B | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $294.0M | $282.0M | ||
| Q1 25 | $625.6M | $520.0M | ||
| Q4 24 | $795.7M | $594.0M | ||
| Q3 24 | $579.9M | $493.0M | ||
| Q2 24 | $557.5M | $39.0M |
毛利率GISWDC
| Q1 26 | — | 45.7% | ||
| Q4 25 | 34.8% | 43.5% | ||
| Q3 25 | 33.9% | — | ||
| Q2 25 | 32.4% | — | ||
| Q1 25 | 33.9% | 39.8% | ||
| Q4 24 | 36.9% | 35.4% | ||
| Q3 24 | 34.8% | 37.9% | ||
| Q2 24 | 35.8% | 35.9% |
营业利润率GISWDC
| Q1 26 | — | 30.1% | ||
| Q4 25 | 15.0% | 28.1% | ||
| Q3 25 | 38.2% | — | ||
| Q2 25 | 11.1% | — | ||
| Q1 25 | 18.4% | 33.1% | ||
| Q4 24 | 20.6% | 19.9% | ||
| Q3 24 | 17.2% | 18.1% | ||
| Q2 24 | 16.5% | 5.7% |
净利率GISWDC
| Q1 26 | — | 61.1% | ||
| Q4 25 | 8.5% | 41.9% | ||
| Q3 25 | 26.7% | — | ||
| Q2 25 | 6.5% | -24.4% | ||
| Q1 25 | 12.9% | 22.7% | ||
| Q4 24 | 15.2% | 13.9% | ||
| Q3 24 | 12.0% | 12.0% | ||
| Q2 24 | 11.8% | 1.0% |
每股收益（稀释后）GISWDC
| Q1 26 | — | $4.73 | ||
| Q4 25 | $0.78 | $3.07 | ||
| Q3 25 | $2.22 | — | ||
| Q2 25 | $0.53 | $0.72 | ||
| Q1 25 | $1.12 | $1.42 | ||
| Q4 24 | $1.42 | $1.63 | ||
| Q3 24 | $1.03 | $1.35 | ||
| Q2 24 | $0.98 | $0.15 |
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 | $2.0B |
| 总债务越低越好 | $12.2B | $4.7B |
| 股东权益账面价值 | $9.3B | $7.1B |
| 总资产 | $32.5B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资GISWDC
| Q1 26 | — | $2.0B | ||
| Q4 25 | $683.4M | $2.0B | ||
| Q3 25 | $952.9M | — | ||
| Q2 25 | $363.9M | $2.1B | ||
| Q1 25 | $521.3M | $3.5B | ||
| Q4 24 | $2.3B | $2.3B | ||
| Q3 24 | $468.1M | $1.7B | ||
| Q2 24 | $418.0M | $1.9B |
总债务GISWDC
| Q1 26 | — | $4.7B | ||
| Q4 25 | $12.2B | $4.7B | ||
| Q3 25 | $12.2B | — | ||
| Q2 25 | $12.7B | $4.7B | ||
| Q1 25 | $11.8B | $7.3B | ||
| Q4 24 | $12.4B | $7.4B | ||
| Q3 24 | $11.4B | $7.4B | ||
| Q2 24 | $11.3B | $7.4B |
股东权益GISWDC
| Q1 26 | — | $7.1B | ||
| Q4 25 | $9.3B | $5.9B | ||
| Q3 25 | $9.5B | — | ||
| Q2 25 | $9.2B | $5.3B | ||
| Q1 25 | $9.3B | $5.2B | ||
| Q4 24 | $9.2B | $12.1B | ||
| Q3 24 | $9.3B | $11.6B | ||
| Q2 24 | $9.4B | $10.8B |
总资产GISWDC
| Q1 26 | — | $15.6B | ||
| Q4 25 | $32.5B | $14.4B | ||
| Q3 25 | $33.0B | — | ||
| Q2 25 | $33.1B | $14.0B | ||
| Q1 25 | $32.7B | $16.4B | ||
| Q4 24 | $33.4B | $25.5B | ||
| Q3 24 | $31.8B | $24.8B | ||
| Q2 24 | $31.5B | $24.2B |
负债/权益比GISWDC
| Q1 26 | — | 0.65× | ||
| Q4 25 | 1.31× | 0.80× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | 1.38× | 0.89× | ||
| Q1 25 | 1.28× | 1.42× | ||
| Q4 24 | 1.35× | 0.61× | ||
| Q3 24 | 1.23× | 0.64× | ||
| Q2 24 | 1.20× | 0.69× |
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 | $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GISWDC
| Q1 26 | — | — | ||
| Q4 25 | $819.3M | $672.0M | ||
| Q3 25 | $397.0M | — | ||
| Q2 25 | $611.6M | $746.0M | ||
| Q1 25 | $531.9M | $508.0M | ||
| Q4 24 | $1.2B | $403.0M | ||
| Q3 24 | $624.2M | $34.0M | ||
| Q2 24 | $863.7M | $366.0M |
自由现金流GISWDC
| Q1 26 | — | — | ||
| Q4 25 | $675.7M | $599.0M | ||
| Q3 25 | $287.5M | — | ||
| Q2 25 | $391.4M | $675.0M | ||
| Q1 25 | $428.0M | $379.0M | ||
| Q4 24 | $989.6M | $287.0M | ||
| Q3 24 | $483.9M | $-62.0M | ||
| Q2 24 | $575.2M | $250.0M |
自由现金流率GISWDC
| Q1 26 | — | — | ||
| Q4 25 | 13.9% | 21.3% | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 8.6% | -58.5% | ||
| Q1 25 | 8.8% | 16.5% | ||
| Q4 24 | 18.9% | 6.7% | ||
| Q3 24 | 10.0% | -1.5% | ||
| Q2 24 | 12.2% | 6.6% |
资本支出强度GISWDC
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 2.6% | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 4.8% | -6.2% | ||
| Q1 25 | 2.1% | 5.6% | ||
| Q4 24 | 3.1% | 2.7% | ||
| Q3 24 | 2.9% | 2.3% | ||
| Q2 24 | 6.1% | 3.1% |
现金转化率GISWDC
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 0.57× | ||
| Q3 25 | 0.33× | — | ||
| Q2 25 | 2.08× | 2.65× | ||
| Q1 25 | 0.85× | 0.98× | ||
| Q4 24 | 1.45× | 0.68× | ||
| Q3 24 | 1.08× | 0.07× | ||
| Q2 24 | 1.55× | 9.38× |
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% |
WDC
| Cloud | $2.7B | 89% |
| Client Devices | $176.0M | 6% |
| Consumer | $168.0M | 6% |
