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康宁（GLW）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
康宁的季度营收约是史丹利百得的1.1倍（$4.2B vs $3.8B），康宁净利率更高（12.8% vs 1.4%，领先11.4%），康宁同比增速更快（20.4% vs 0.1%），康宁自由现金流更多（$620.0M vs $155.3M），过去两年康宁的营收复合增速更高（19.0% vs 0.3%）
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。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
GLW vs SWK — 直观对比
营收规模更大
GLW
是对方的1.1倍
$3.8B
营收增速更快
GLW
高出20.3%
0.1%
净利率更高
GLW
高出11.4%
1.4%
自由现金流更多
GLW
多$464.7M
$155.3M
两年增速更快
GLW
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $3.8B |
| 净利润 | $540.0M | $51.4M |
| 毛利率 | 35.5% | 31.4% |
| 营业利润率 | 15.9% | — |
| 净利率 | 12.8% | 1.4% |
| 营收同比 | 20.4% | 0.1% |
| 净利润同比 | 74.2% | -43.6% |
| 每股收益（稀释后） | $0.61 | $0.34 |
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GLWSWK
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.1B | $3.8B | ||
| Q2 25 | $3.9B | $3.9B | ||
| Q1 25 | $3.5B | $3.7B | ||
| Q4 24 | $3.5B | $3.7B | ||
| Q3 24 | $3.4B | $3.8B | ||
| Q2 24 | $3.3B | $4.0B | ||
| Q1 24 | $3.0B | $3.9B |
净利润GLWSWK
| Q4 25 | $540.0M | — | ||
| Q3 25 | $430.0M | $51.4M | ||
| Q2 25 | $469.0M | $101.9M | ||
| Q1 25 | $157.0M | $90.4M | ||
| Q4 24 | $310.0M | $194.9M | ||
| Q3 24 | $-117.0M | $91.1M | ||
| Q2 24 | $104.0M | $-11.2M | ||
| Q1 24 | $209.0M | $19.5M |
毛利率GLWSWK
| Q4 25 | 35.5% | — | ||
| Q3 25 | 37.1% | 31.4% | ||
| Q2 25 | 36.0% | 27.0% | ||
| Q1 25 | 35.2% | 29.9% | ||
| Q4 24 | 34.2% | 30.8% | ||
| Q3 24 | 33.5% | 29.9% | ||
| Q2 24 | 29.2% | 28.4% | ||
| Q1 24 | 33.4% | 28.6% |
营业利润率GLWSWK
| Q4 25 | 15.9% | — | ||
| Q3 25 | 14.4% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 12.9% | — | ||
| Q4 24 | 11.2% | 3.4% | ||
| Q3 24 | 8.9% | 10.6% | ||
| Q2 24 | 5.7% | 9.5% | ||
| Q1 24 | 8.5% | 8.3% |
净利率GLWSWK
| Q4 25 | 12.8% | — | ||
| Q3 25 | 10.5% | 1.4% | ||
| Q2 25 | 12.1% | 2.6% | ||
| Q1 25 | 4.5% | 2.4% | ||
| Q4 24 | 8.9% | 5.2% | ||
| Q3 24 | -3.5% | 2.4% | ||
| Q2 24 | 3.2% | -0.3% | ||
| Q1 24 | 7.0% | 0.5% |
每股收益（稀释后）GLWSWK
| Q4 25 | $0.61 | — | ||
| Q3 25 | $0.50 | $0.34 | ||
| Q2 25 | $0.54 | $0.67 | ||
| Q1 25 | $0.18 | $0.60 | ||
| Q4 24 | $0.36 | $1.29 | ||
| Q3 24 | $-0.14 | $0.60 | ||
| Q2 24 | $0.12 | $-0.07 | ||
| Q1 24 | $0.24 | $0.13 |
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 | $268.3M |
| 总债务越低越好 | $7.6B | $5.3B |
| 股东权益账面价值 | $11.8B | $9.0B |
| 总资产 | $31.0B | $21.8B |
| 负债/权益比越低杠杆越低 | 0.65× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资GLWSWK
| Q4 25 | $1.5B | — | ||
| Q3 25 | — | $268.3M | ||
| Q2 25 | — | $311.8M | ||
| Q1 25 | — | $344.8M | ||
| Q4 24 | $1.8B | $290.5M | ||
| Q3 24 | — | $298.7M | ||
| Q2 24 | — | $318.5M | ||
| Q1 24 | — | $476.6M |
总债务GLWSWK
| Q4 25 | $7.6B | — | ||
| Q3 25 | $7.4B | $5.3B | ||
| Q2 25 | $6.7B | $5.6B | ||
| Q1 25 | $7.0B | $5.6B | ||
| Q4 24 | $6.9B | $6.1B | ||
| Q3 24 | $7.1B | $6.1B | ||
| Q2 24 | $6.9B | $6.1B | ||
| Q1 24 | $7.0B | $6.1B |
股东权益GLWSWK
| Q4 25 | $11.8B | — | ||
| Q3 25 | $11.5B | $9.0B | ||
| Q2 25 | $11.1B | $9.1B | ||
| Q1 25 | $10.7B | $8.8B | ||
| Q4 24 | $10.7B | $8.7B | ||
| Q3 24 | $11.1B | $8.9B | ||
| Q2 24 | $10.6B | $8.7B | ||
| Q1 24 | $11.2B | $8.9B |
总资产GLWSWK
| Q4 25 | $31.0B | — | ||
| Q3 25 | $29.9B | $21.8B | ||
| Q2 25 | $28.7B | $22.5B | ||
| Q1 25 | $27.4B | $22.5B | ||
| Q4 24 | $27.7B | $21.8B | ||
| Q3 24 | $28.3B | $22.5B | ||
| Q2 24 | $27.2B | $22.5B | ||
| Q1 24 | $27.6B | $23.9B |
负债/权益比GLWSWK
| Q4 25 | 0.65× | — | ||
| Q3 25 | 0.64× | 0.59× | ||
| Q2 25 | 0.60× | 0.62× | ||
| Q1 25 | 0.65× | 0.63× | ||
| Q4 24 | 0.64× | 0.70× | ||
| Q3 24 | 0.64× | 0.69× | ||
| Q2 24 | 0.65× | 0.70× | ||
| Q1 24 | 0.63× | 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 | $1.1B | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $620.0M | $155.3M |
| 自由现金流率自由现金流/营收 | 14.7% | 4.1% |
| 资本支出强度资本支出/营收 | 10.2% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.95× | 4.30× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $369.6M |
8季度趋势，按日历期对齐
经营现金流GLWSWK
| Q4 25 | $1.1B | — | ||
| Q3 25 | $784.0M | $221.2M | ||
| Q2 25 | $708.0M | $214.3M | ||
| Q1 25 | $151.0M | $-420.0M | ||
| Q4 24 | $623.0M | $679.1M | ||
| Q3 24 | $699.0M | $285.8M | ||
| Q2 24 | $521.0M | $573.0M | ||
| Q1 24 | $96.0M | $-431.0M |
自由现金流GLWSWK
| Q4 25 | $620.0M | — | ||
| Q3 25 | $450.0M | $155.3M | ||
| Q2 25 | $400.0M | $134.7M | ||
| Q1 25 | $-57.0M | $-485.0M | ||
| Q4 24 | $369.0M | $564.6M | ||
| Q3 24 | $482.0M | $199.3M | ||
| Q2 24 | $279.0M | $485.8M | ||
| Q1 24 | $-156.0M | $-496.7M |
自由现金流率GLWSWK
| Q4 25 | 14.7% | — | ||
| Q3 25 | 11.0% | 4.1% | ||
| Q2 25 | 10.4% | 3.4% | ||
| Q1 25 | -1.7% | -13.0% | ||
| Q4 24 | 10.5% | 15.2% | ||
| Q3 24 | 14.2% | 5.3% | ||
| Q2 24 | 8.6% | 12.1% | ||
| Q1 24 | -5.2% | -12.8% |
资本支出强度GLWSWK
| Q4 25 | 10.2% | — | ||
| Q3 25 | 8.1% | 1.8% | ||
| Q2 25 | 8.0% | 2.0% | ||
| Q1 25 | 6.0% | 1.7% | ||
| Q4 24 | 7.3% | 3.1% | ||
| Q3 24 | 6.4% | 2.3% | ||
| Q2 24 | 7.4% | 2.2% | ||
| Q1 24 | 8.5% | 1.7% |
现金转化率GLWSWK
| Q4 25 | 1.95× | — | ||
| Q3 25 | 1.82× | 4.30× | ||
| Q2 25 | 1.51× | 2.10× | ||
| Q1 25 | 0.96× | -4.65× | ||
| Q4 24 | 2.01× | 3.48× | ||
| Q3 24 | — | 3.14× | ||
| Q2 24 | 5.01× | — | ||
| Q1 24 | 0.46× | -22.10× |
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
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
