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孩之宝（HAS）与英格索兰（IR）财务数据对比。点击上方公司名可切换其他公司
英格索兰的季度营收约是孩之宝的1.4倍（$2.1B vs $1.4B），孩之宝净利率更高（13.9% vs 12.7%，领先1.2%），孩之宝同比增速更快（31.3% vs 10.1%），英格索兰自由现金流更多（$461.5M vs $389.5M），过去两年孩之宝的营收复合增速更高（38.2% vs 11.9%）
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
英格索兰是一家美国跨国企业，主营流体生产及工业产品业务。公司于2020年2月由原英格索兰plc的工业业务板块分拆后与加德纳丹佛合并组建，旗下拥有40多个品牌，产品覆盖全球所有主要市场。
HAS vs IR — 直观对比
营收规模更大
IR
是对方的1.4倍
$1.4B
营收增速更快
HAS
高出21.1%
10.1%
净利率更高
HAS
高出1.2%
12.7%
自由现金流更多
IR
多$72.0M
$389.5M
两年增速更快
HAS
近两年复合增速
11.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.1B |
| 净利润 | $201.6M | $266.1M |
| 毛利率 | 68.7% | 42.6% |
| 营业利润率 | 20.6% | 18.7% |
| 净利率 | 13.9% | 12.7% |
| 营收同比 | 31.3% | 10.1% |
| 净利润同比 | 687.8% | 15.8% |
| 每股收益（稀释后） | $1.46 | $0.67 |
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HASIR
| Q4 25 | $1.4B | $2.1B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $980.8M | $1.9B | ||
| Q1 25 | $887.1M | $1.7B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $1.3B | $1.9B | ||
| Q2 24 | $995.3M | $1.8B | ||
| Q1 24 | $757.3M | $1.7B |
净利润HASIR
| Q4 25 | $201.6M | $266.1M | ||
| Q3 25 | $233.2M | $244.1M | ||
| Q2 25 | $-855.8M | $-115.3M | ||
| Q1 25 | $98.6M | $186.5M | ||
| Q4 24 | $-34.3M | $229.8M | ||
| Q3 24 | $223.2M | $221.6M | ||
| Q2 24 | $138.5M | $185.0M | ||
| Q1 24 | $58.2M | $202.2M |
毛利率HASIR
| Q4 25 | 68.7% | 42.6% | ||
| Q3 25 | 70.1% | 43.7% | ||
| Q2 25 | 77.0% | 43.7% | ||
| Q1 25 | 76.9% | 44.6% | ||
| Q4 24 | 67.4% | 42.9% | ||
| Q3 24 | 70.4% | 43.8% | ||
| Q2 24 | 76.1% | 43.9% | ||
| Q1 24 | 73.0% | 44.7% |
营业利润率HASIR
| Q4 25 | 20.6% | 18.7% | ||
| Q3 25 | 24.6% | 19.2% | ||
| Q2 25 | -81.4% | 4.0% | ||
| Q1 25 | 19.2% | 17.6% | ||
| Q4 24 | 5.4% | 20.0% | ||
| Q3 24 | 23.6% | 19.1% | ||
| Q2 24 | 21.3% | 15.1% | ||
| Q1 24 | 15.3% | 17.6% |
净利率HASIR
| Q4 25 | 13.9% | 12.7% | ||
| Q3 25 | 16.8% | 12.5% | ||
| Q2 25 | -87.3% | -6.1% | ||
| Q1 25 | 11.1% | 10.9% | ||
| Q4 24 | -3.1% | 12.1% | ||
| Q3 24 | 17.4% | 11.9% | ||
| Q2 24 | 13.9% | 10.2% | ||
| Q1 24 | 7.7% | 12.1% |
每股收益（稀释后）HASIR
| Q4 25 | $1.46 | $0.67 | ||
| Q3 25 | $1.64 | $0.61 | ||
| Q2 25 | $-6.10 | $-0.29 | ||
| Q1 25 | $0.70 | $0.46 | ||
| Q4 24 | $-0.25 | $0.57 | ||
| Q3 24 | $1.59 | $0.54 | ||
| Q2 24 | $0.99 | $0.45 | ||
| Q1 24 | $0.42 | $0.50 |
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 | — | $1.2B |
| 总债务越低越好 | — | $4.8B |
| 股东权益账面价值 | $565.5M | $10.1B |
| 总资产 | $5.6B | $18.3B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资HASIR
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.5B |
总债务HASIR
| Q4 25 | — | $4.8B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.8B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.8B | ||
| Q2 24 | — | $4.8B | ||
| Q1 24 | — | $2.7B |
股东权益HASIR
| Q4 25 | $565.5M | $10.1B | ||
| Q3 25 | $433.8M | $10.1B | ||
| Q2 25 | $269.7M | $10.1B | ||
| Q1 25 | $1.2B | $10.5B | ||
| Q4 24 | $1.2B | $10.2B | ||
| Q3 24 | $1.3B | $10.3B | ||
| Q2 24 | $1.2B | $10.0B | ||
| Q1 24 | $1.0B | $9.9B |
总资产HASIR
| Q4 25 | $5.6B | $18.3B | ||
| Q3 25 | $5.5B | $18.2B | ||
| Q2 25 | $5.2B | $18.1B | ||
| Q1 25 | $6.0B | $18.4B | ||
| Q4 24 | $6.3B | $18.0B | ||
| Q3 24 | $7.2B | $18.2B | ||
| Q2 24 | $6.9B | $17.8B | ||
| Q1 24 | $6.2B | $15.5B |
负债/权益比HASIR
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.48× | ||
| Q1 24 | — | 0.27× |
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 | $403.2M | $499.0M |
| 自由现金流经营现金流 - 资本支出 | $389.5M | $461.5M |
| 自由现金流率自由现金流/营收 | 26.9% | 22.1% |
| 资本支出强度资本支出/营收 | 0.9% | 1.8% |
| 现金转化率经营现金流/净利润 | 2.00× | 1.88× |
| 过去12个月自由现金流最近4个季度 | $829.9M | $1.2B |
8季度趋势，按日历期对齐
经营现金流HASIR
| Q4 25 | $403.2M | $499.0M | ||
| Q3 25 | $280.6M | $354.6M | ||
| Q2 25 | $71.3M | $245.7M | ||
| Q1 25 | $138.1M | $256.4M | ||
| Q4 24 | $259.8M | $526.2M | ||
| Q3 24 | $222.5M | $404.0M | ||
| Q2 24 | $187.3M | $304.9M | ||
| Q1 24 | $177.8M | $161.6M |
自由现金流HASIR
| Q4 25 | $389.5M | $461.5M | ||
| Q3 25 | $260.9M | $325.5M | ||
| Q2 25 | $55.2M | $210.4M | ||
| Q1 25 | $124.3M | $222.7M | ||
| Q4 24 | $200.8M | $490.9M | ||
| Q3 24 | $174.0M | $374.3M | ||
| Q2 24 | $135.4M | $283.1M | ||
| Q1 24 | $132.0M | $99.3M |
自由现金流率HASIR
| Q4 25 | 26.9% | 22.1% | ||
| Q3 25 | 18.8% | 16.6% | ||
| Q2 25 | 5.6% | 11.1% | ||
| Q1 25 | 14.0% | 13.0% | ||
| Q4 24 | 18.2% | 25.9% | ||
| Q3 24 | 13.6% | 20.1% | ||
| Q2 24 | 13.6% | 15.7% | ||
| Q1 24 | 17.4% | 5.9% |
资本支出强度HASIR
| Q4 25 | 0.9% | 1.8% | ||
| Q3 25 | 1.4% | 1.5% | ||
| Q2 25 | 1.6% | 1.9% | ||
| Q1 25 | 1.6% | 2.0% | ||
| Q4 24 | 5.4% | 1.9% | ||
| Q3 24 | 3.8% | 1.6% | ||
| Q2 24 | 5.2% | 1.2% | ||
| Q1 24 | 6.0% | 3.7% |
现金转化率HASIR
| Q4 25 | 2.00× | 1.88× | ||
| Q3 25 | 1.20× | 1.45× | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.40× | 1.37× | ||
| Q4 24 | — | 2.29× | ||
| Q3 24 | 1.00× | 1.82× | ||
| Q2 24 | 1.35× | 1.65× | ||
| Q1 24 | 3.05× | 0.80× |
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
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
IR
| Transferred At Point In Time | $1.5B | 71% |
| Transferred Over Time | $193.0M | 9% |
| Precision And Science Technologies Segment | $183.1M | 9% |
| Acquisitions In2024 | $175.6M | 8% |
| Acquisitions In2025 | $70.8M | 3% |
