vs
康宁（GLW）与哈里伯顿（HAL）财务数据对比。点击上方公司名可切换其他公司
哈里伯顿的季度营收约是康宁的1.3倍（$5.4B vs $4.2B），康宁净利率更高（12.8% vs 8.6%，领先4.2%），康宁同比增速更快（20.4% vs -4.5%），康宁自由现金流更多（$620.0M vs $123.0M），过去两年康宁的营收复合增速更高（19.0% vs -3.8%）
康宁是1851年成立的美国跨国科技企业，主营玻璃、陶瓷及相关材料技术，产品线涵盖先进光学产品，主要应用于工业与科研领域。20世纪曾推出多款知名消费产品，包括康宁锅、Corelle餐具、Pyrex烘焙玻璃器皿等，广受市场欢迎。
哈里伯顿是源自美国的跨国企业，为全球第二大油田服务提供商，承接了全球绝大多数水力压裂作业项目。公司在美国注册，设有休斯敦与迪拜双总部，业务覆盖全球主要油气开采市场。
GLW vs HAL — 直观对比
营收规模更大
HAL
是对方的1.3倍
$4.2B
营收增速更快
GLW
高出24.9%
-4.5%
净利率更高
GLW
高出4.2%
8.6%
自由现金流更多
GLW
多$497.0M
$123.0M
两年增速更快
GLW
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $5.4B |
| 净利润 | $540.0M | $464.0M |
| 毛利率 | 35.5% | — |
| 营业利润率 | 15.9% | 12.6% |
| 净利率 | 12.8% | 8.6% |
| 营收同比 | 20.4% | -4.5% |
| 净利润同比 | 74.2% | -21.2% |
| 每股收益（稀释后） | $0.61 | $0.55 |
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GLWHAL
| Q1 26 | — | $5.4B | ||
| Q4 25 | $4.2B | $5.7B | ||
| Q3 25 | $4.1B | $5.6B | ||
| Q2 25 | $3.9B | $5.5B | ||
| Q1 25 | $3.5B | $5.4B | ||
| Q4 24 | $3.5B | $5.6B | ||
| Q3 24 | $3.4B | $5.7B | ||
| Q2 24 | $3.3B | $5.8B |
净利润GLWHAL
| Q1 26 | — | $464.0M | ||
| Q4 25 | $540.0M | $589.0M | ||
| Q3 25 | $430.0M | $18.0M | ||
| Q2 25 | $469.0M | $472.0M | ||
| Q1 25 | $157.0M | $204.0M | ||
| Q4 24 | $310.0M | $615.0M | ||
| Q3 24 | $-117.0M | $571.0M | ||
| Q2 24 | $104.0M | $709.0M |
毛利率GLWHAL
| Q1 26 | — | — | ||
| Q4 25 | 35.5% | — | ||
| Q3 25 | 37.1% | — | ||
| Q2 25 | 36.0% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 34.2% | — | ||
| Q3 24 | 33.5% | — | ||
| Q2 24 | 29.2% | — |
营业利润率GLWHAL
| Q1 26 | — | 12.6% | ||
| Q4 25 | 15.9% | 13.2% | ||
| Q3 25 | 14.4% | 6.4% | ||
| Q2 25 | 14.8% | 13.2% | ||
| Q1 25 | 12.9% | 8.0% | ||
| Q4 24 | 11.2% | 16.6% | ||
| Q3 24 | 8.9% | 15.3% | ||
| Q2 24 | 5.7% | 17.7% |
净利率GLWHAL
| Q1 26 | — | 8.6% | ||
| Q4 25 | 12.8% | 10.4% | ||
| Q3 25 | 10.5% | 0.3% | ||
| Q2 25 | 12.1% | 8.6% | ||
| Q1 25 | 4.5% | 3.8% | ||
| Q4 24 | 8.9% | 11.0% | ||
| Q3 24 | -3.5% | 10.0% | ||
| Q2 24 | 3.2% | 12.2% |
每股收益（稀释后）GLWHAL
| Q1 26 | — | $0.55 | ||
| Q4 25 | $0.61 | — | ||
| Q3 25 | $0.50 | $0.02 | ||
| Q2 25 | $0.54 | $0.55 | ||
| Q1 25 | $0.18 | $0.24 | ||
| Q4 24 | $0.36 | — | ||
| Q3 24 | $-0.14 | $650000.00 | ||
| Q2 24 | $0.12 | $800000.00 |
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 | $1.5B | $2.0M |
| 总债务越低越好 | $7.6B | $7.2M |
| 股东权益账面价值 | $11.8B | $10.8M |
| 总资产 | $31.0B | $25.1M |
| 负债/权益比越低杠杆越低 | 0.65× | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资GLWHAL
| Q1 26 | — | $2.0M | ||
| Q4 25 | $1.5B | $2.2B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | $2.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务GLWHAL
| Q1 26 | — | $7.2M | ||
| Q4 25 | $7.6B | $7.2B | ||
| Q3 25 | $7.4B | $7.2B | ||
| Q2 25 | $6.7B | $7.2B | ||
| Q1 25 | $7.0B | $7.2B | ||
| Q4 24 | $6.9B | $7.2B | ||
| Q3 24 | $7.1B | $7.6B | ||
| Q2 24 | $6.9B | $7.6B |
股东权益GLWHAL
| Q1 26 | — | $10.8M | ||
| Q4 25 | $11.8B | $10.5B | ||
| Q3 25 | $11.5B | $10.2B | ||
| Q2 25 | $11.1B | $10.5B | ||
| Q1 25 | $10.7B | $10.4B | ||
| Q4 24 | $10.7B | $10.5B | ||
| Q3 24 | $11.1B | $10.3B | ||
| Q2 24 | $10.6B | $10.0B |
总资产GLWHAL
| Q1 26 | — | $25.1M | ||
| Q4 25 | $31.0B | $25.0B | ||
| Q3 25 | $29.9B | $25.2B | ||
| Q2 25 | $28.7B | $25.4B | ||
| Q1 25 | $27.4B | $25.2B | ||
| Q4 24 | $27.7B | $25.6B | ||
| Q3 24 | $28.3B | $25.3B | ||
| Q2 24 | $27.2B | $25.2B |
负债/权益比GLWHAL
| Q1 26 | — | 0.66× | ||
| Q4 25 | 0.65× | 0.68× | ||
| Q3 25 | 0.64× | 0.70× | ||
| Q2 25 | 0.60× | 0.68× | ||
| Q1 25 | 0.65× | 0.69× | ||
| Q4 24 | 0.64× | 0.68× | ||
| Q3 24 | 0.64× | 0.74× | ||
| Q2 24 | 0.65× | 0.76× |
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 | $1.1B | — |
| 自由现金流经营现金流 - 资本支出 | $620.0M | $123.0M |
| 自由现金流率自由现金流/营收 | 14.7% | 2.3% |
| 资本支出强度资本支出/营收 | 10.2% | 3.6% |
| 现金转化率经营现金流/净利润 | 1.95× | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | $1.7B |
8季度趋势，按日历期对齐
经营现金流GLWHAL
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $784.0M | $488.0M | ||
| Q2 25 | $708.0M | $896.0M | ||
| Q1 25 | $151.0M | $377.0M | ||
| Q4 24 | $623.0M | $1.5B | ||
| Q3 24 | $699.0M | $841.0M | ||
| Q2 24 | $521.0M | $1.1B |
自由现金流GLWHAL
| Q1 26 | — | $123.0M | ||
| Q4 25 | $620.0M | $828.0M | ||
| Q3 25 | $450.0M | $227.0M | ||
| Q2 25 | $400.0M | $542.0M | ||
| Q1 25 | $-57.0M | $75.0M | ||
| Q4 24 | $369.0M | $1.0B | ||
| Q3 24 | $482.0M | $502.0M | ||
| Q2 24 | $279.0M | $734.0M |
自由现金流率GLWHAL
| Q1 26 | — | 2.3% | ||
| Q4 25 | 14.7% | 14.6% | ||
| Q3 25 | 11.0% | 4.1% | ||
| Q2 25 | 10.4% | 9.8% | ||
| Q1 25 | -1.7% | 1.4% | ||
| Q4 24 | 10.5% | 18.4% | ||
| Q3 24 | 14.2% | 8.8% | ||
| Q2 24 | 8.6% | 12.6% |
资本支出强度GLWHAL
| Q1 26 | — | 3.6% | ||
| Q4 25 | 10.2% | 6.0% | ||
| Q3 25 | 8.1% | 4.7% | ||
| Q2 25 | 8.0% | 6.4% | ||
| Q1 25 | 6.0% | 5.6% | ||
| Q4 24 | 7.3% | 7.6% | ||
| Q3 24 | 6.4% | 6.0% | ||
| Q2 24 | 7.4% | 5.9% |
现金转化率GLWHAL
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | 1.98× | ||
| Q3 25 | 1.82× | 27.11× | ||
| Q2 25 | 1.51× | 1.90× | ||
| Q1 25 | 0.96× | 1.85× | ||
| Q4 24 | 2.01× | 2.37× | ||
| Q3 24 | — | 1.47× | ||
| Q2 24 | 5.01× | 1.52× |
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
GLW
暂无分部数据
HAL
| Completion and Production | $3.0B | 56% |
| Middle East/Asia | $1.3B | 24% |
| Europe/Africa/CIS | $858.0M | 16% |
| Other | $210.0M | 4% |
