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哈里伯顿（HAL）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是哈里伯顿的1.4倍（$7.7B vs $5.4B），哈里伯顿净利率更高（8.6% vs 0.8%，领先7.8%），Smurfit Westrock同比增速更快（0.7% vs -4.5%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs -3.8%）
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。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
HAL vs SW — 直观对比
营收规模更大
SW
是对方的1.4倍
$5.4B
营收增速更快
SW
高出5.2%
-4.5%
净利率更高
HAL
高出7.8%
0.8%
两年增速更快
SW
近两年复合增速
-3.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $7.7B |
| 净利润 | $464.0M | $63.0M |
| 毛利率 | — | 16.4% |
| 营业利润率 | 12.6% | 3.3% |
| 净利率 | 8.6% | 0.8% |
| 营收同比 | -4.5% | 0.7% |
| 净利润同比 | 128.6% | 0.0% |
| 每股收益（稀释后） | $0.55 | $0.12 |
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HALSW
| Q1 26 | $5.4B | $7.7B | ||
| Q4 25 | $5.7B | $7.6B | ||
| Q3 25 | $5.6B | $8.0B | ||
| Q2 25 | $5.5B | $7.9B | ||
| Q1 25 | $5.4B | $7.7B | ||
| Q4 24 | $5.6B | $7.5B | ||
| Q3 24 | $5.7B | $7.7B | ||
| Q2 24 | $5.8B | $3.0B |
净利润HALSW
| Q1 26 | $464.0M | $63.0M | ||
| Q4 25 | $589.0M | $97.0M | ||
| Q3 25 | $18.0M | $246.0M | ||
| Q2 25 | $472.0M | $-28.0M | ||
| Q1 25 | $204.0M | $384.0M | ||
| Q4 24 | $615.0M | $146.0M | ||
| Q3 24 | $571.0M | $-150.0M | ||
| Q2 24 | $709.0M | $132.0M |
毛利率HALSW
| Q1 26 | — | 16.4% | ||
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 23.3% |
营业利润率HALSW
| Q1 26 | 12.6% | 3.3% | ||
| Q4 25 | 13.2% | 5.1% | ||
| Q3 25 | 6.4% | 6.6% | ||
| Q2 25 | 13.2% | 3.2% | ||
| Q1 25 | 8.0% | 7.2% | ||
| Q4 24 | 16.6% | 5.3% | ||
| Q3 24 | 15.3% | 0.7% | ||
| Q2 24 | 17.7% | 8.2% |
净利率HALSW
| Q1 26 | 8.6% | 0.8% | ||
| Q4 25 | 10.4% | 1.3% | ||
| Q3 25 | 0.3% | 3.1% | ||
| Q2 25 | 8.6% | -0.4% | ||
| Q1 25 | 3.8% | 5.0% | ||
| Q4 24 | 11.0% | 1.9% | ||
| Q3 24 | 10.0% | -2.0% | ||
| Q2 24 | 12.2% | 4.4% |
每股收益（稀释后）HALSW
| Q1 26 | $0.55 | $0.12 | ||
| Q4 25 | — | $0.18 | ||
| Q3 25 | $0.02 | $0.47 | ||
| Q2 25 | $0.55 | $-0.05 | ||
| Q1 25 | $0.24 | $0.73 | ||
| Q4 24 | — | $-0.12 | ||
| Q3 24 | $650000.00 | $-0.30 | ||
| Q2 24 | $800000.00 | $0.51 |
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 | $2.0M | — |
| 总债务越低越好 | $7.2M | $980.0M |
| 股东权益账面价值 | $10.8M | $18.1B |
| 总资产 | $25.1M | $45.2B |
| 负债/权益比越低杠杆越低 | 0.66× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资HALSW
| Q1 26 | $2.0M | — | ||
| Q4 25 | $2.2B | $892.0M | ||
| Q3 25 | $2.0B | $851.0M | ||
| Q2 25 | — | $778.0M | ||
| Q1 25 | — | $797.0M | ||
| Q4 24 | $2.6B | $855.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $26.8K |
总债务HALSW
| Q1 26 | $7.2M | $980.0M | ||
| Q4 25 | $7.2B | $13.4B | ||
| Q3 25 | $7.2B | $13.3B | ||
| Q2 25 | $7.2B | $13.3B | ||
| Q1 25 | $7.2B | $12.9B | ||
| Q4 24 | $7.2B | $12.5B | ||
| Q3 24 | $7.6B | $13.2B | ||
| Q2 24 | $7.6B | — |
股东权益HALSW
| Q1 26 | $10.8M | $18.1B | ||
| Q4 25 | $10.5B | $18.3B | ||
| Q3 25 | $10.2B | $18.4B | ||
| Q2 25 | $10.5B | $18.3B | ||
| Q1 25 | $10.4B | $17.9B | ||
| Q4 24 | $10.5B | $17.4B | ||
| Q3 24 | $10.3B | $18.0B | ||
| Q2 24 | $10.0B | $14.5K |
总资产HALSW
| Q1 26 | $25.1M | $45.2B | ||
| Q4 25 | $25.0B | $45.2B | ||
| Q3 25 | $25.2B | $45.6B | ||
| Q2 25 | $25.4B | $45.7B | ||
| Q1 25 | $25.2B | $44.6B | ||
| Q4 24 | $25.6B | $43.8B | ||
| Q3 24 | $25.3B | $45.0B | ||
| Q2 24 | $25.2B | $26.8K |
负债/权益比HALSW
| Q1 26 | 0.66× | 0.05× | ||
| Q4 25 | 0.68× | 0.73× | ||
| Q3 25 | 0.70× | 0.72× | ||
| Q2 25 | 0.68× | 0.73× | ||
| Q1 25 | 0.69× | 0.72× | ||
| Q4 24 | 0.68× | 0.72× | ||
| Q3 24 | 0.74× | 0.73× | ||
| Q2 24 | 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 | — | $204.0M |
| 自由现金流经营现金流 - 资本支出 | $123.0M | — |
| 自由现金流率自由现金流/营收 | 2.3% | — |
| 资本支出强度资本支出/营收 | 3.6% | — |
| 现金转化率经营现金流/净利润 | — | 3.24× |
| 过去12个月自由现金流最近4个季度 | $1.7B | — |
8季度趋势，按日历期对齐
经营现金流HALSW
| Q1 26 | — | $204.0M | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $488.0M | $1.1B | ||
| Q2 25 | $896.0M | $829.0M | ||
| Q1 25 | $377.0M | $235.0M | ||
| Q4 24 | $1.5B | $781.0M | ||
| Q3 24 | $841.0M | $320.0M | ||
| Q2 24 | $1.1B | $340.0M |
自由现金流HALSW
| Q1 26 | $123.0M | — | ||
| Q4 25 | $828.0M | $612.0M | ||
| Q3 25 | $227.0M | $523.0M | ||
| Q2 25 | $542.0M | $307.0M | ||
| Q1 25 | $75.0M | $-242.0M | ||
| Q4 24 | $1.0B | $212.0M | ||
| Q3 24 | $502.0M | $-192.0M | ||
| Q2 24 | $734.0M | $163.0M |
自由现金流率HALSW
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.6% | 8.1% | ||
| Q3 25 | 4.1% | 6.5% | ||
| Q2 25 | 9.8% | 3.9% | ||
| Q1 25 | 1.4% | -3.2% | ||
| Q4 24 | 18.4% | 2.8% | ||
| Q3 24 | 8.8% | -2.5% | ||
| Q2 24 | 12.6% | 5.5% |
资本支出强度HALSW
| Q1 26 | 3.6% | — | ||
| Q4 25 | 6.0% | 7.7% | ||
| Q3 25 | 4.7% | 7.6% | ||
| Q2 25 | 6.4% | 6.6% | ||
| Q1 25 | 5.6% | 6.2% | ||
| Q4 24 | 7.6% | 7.5% | ||
| Q3 24 | 6.0% | 6.7% | ||
| Q2 24 | 5.9% | 6.0% |
现金转化率HALSW
| Q1 26 | — | 3.24× | ||
| Q4 25 | 1.98× | 12.32× | ||
| Q3 25 | 27.11× | 4.61× | ||
| Q2 25 | 1.90× | — | ||
| Q1 25 | 1.85× | 0.61× | ||
| Q4 24 | 2.37× | 5.35× | ||
| Q3 24 | 1.47× | — | ||
| Q2 24 | 1.52× | 2.58× |
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
HAL
| North America | $2.1B | 40% |
| Middle East/Asia | $1.3B | 24% |
| Latin America | $1.1B | 20% |
| Europe/Africa/CIS | $858.0M | 16% |
SW
暂无分部数据
