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孩之宝（HAS）与SONOCO PRODUCTS CO（SON）财务数据对比。点击上方公司名可切换其他公司
SONOCO PRODUCTS CO的季度营收约是孩之宝的1.2倍（$1.7B vs $1.4B），孩之宝净利率更高（13.9% vs 4.1%，领先9.9%），孩之宝同比增速更快（31.3% vs -1.9%），孩之宝自由现金流更多（$389.5M vs $-428.3B），过去两年孩之宝的营收复合增速更高（38.2% vs 1.2%）
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。
索诺科产品公司是美国多元化包装服务商，主营消费包装、工业产品、防护包装及包装供应链服务，是全球最大的复合罐、纸管和纸芯生产商。公司成立于1889年，年净销售额约73亿美元，在33个国家设有超335个运营点，员工1.99万名，业务覆盖超85个国家，总部位于南卡罗来纳州哈茨维尔。
HAS vs SON — 直观对比
营收规模更大
SON
是对方的1.2倍
$1.4B
营收增速更快
HAS
高出33.2%
-1.9%
净利率更高
HAS
高出9.9%
4.1%
自由现金流更多
HAS
多$428.7B
$-428.3B
两年增速更快
HAS
近两年复合增速
1.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.7B |
| 净利润 | $201.6M | $68.0M |
| 毛利率 | 68.7% | 20.6% |
| 营业利润率 | 20.6% | 7.6% |
| 净利率 | 13.9% | 4.1% |
| 营收同比 | 31.3% | -1.9% |
| 净利润同比 | 687.8% | 25.9% |
| 每股收益（稀释后） | $1.46 | $0.68 |
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HASSON
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.4B | $1.8B | ||
| Q3 25 | $1.4B | $2.1B | ||
| Q2 25 | $980.8M | $1.9B | ||
| Q1 25 | $887.1M | $1.7B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.3B | $1.7B | ||
| Q2 24 | $995.3M | $1.6B |
净利润HASSON
| Q1 26 | — | $68.0M | ||
| Q4 25 | $201.6M | $332.2M | ||
| Q3 25 | $233.2M | $122.9M | ||
| Q2 25 | $-855.8M | $493.4M | ||
| Q1 25 | $98.6M | $54.4M | ||
| Q4 24 | $-34.3M | — | ||
| Q3 24 | $223.2M | $50.9M | ||
| Q2 24 | $138.5M | $90.8M |
毛利率HASSON
| Q1 26 | — | 20.6% | ||
| Q4 25 | 68.7% | 19.6% | ||
| Q3 25 | 70.1% | 21.9% | ||
| Q2 25 | 77.0% | 21.3% | ||
| Q1 25 | 76.9% | 20.7% | ||
| Q4 24 | 67.4% | — | ||
| Q3 24 | 70.4% | 21.4% | ||
| Q2 24 | 76.1% | 22.0% |
营业利润率HASSON
| Q1 26 | — | 7.6% | ||
| Q4 25 | 20.6% | 29.4% | ||
| Q3 25 | 24.6% | 9.1% | ||
| Q2 25 | -81.4% | 9.2% | ||
| Q1 25 | 19.2% | 7.4% | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 23.6% | 7.6% | ||
| Q2 24 | 21.3% | 8.6% |
净利率HASSON
| Q1 26 | — | 4.1% | ||
| Q4 25 | 13.9% | 18.8% | ||
| Q3 25 | 16.8% | 5.8% | ||
| Q2 25 | -87.3% | 25.8% | ||
| Q1 25 | 11.1% | 3.2% | ||
| Q4 24 | -3.1% | — | ||
| Q3 24 | 17.4% | 3.0% | ||
| Q2 24 | 13.9% | 5.6% |
每股收益（稀释后）HASSON
| Q1 26 | — | $0.68 | ||
| Q4 25 | $1.46 | $3.33 | ||
| Q3 25 | $1.64 | $1.23 | ||
| Q2 25 | $-6.10 | $4.96 | ||
| Q1 25 | $0.70 | $0.55 | ||
| Q4 24 | $-0.25 | — | ||
| Q3 24 | $1.59 | $0.51 | ||
| Q2 24 | $0.99 | $0.92 |
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 | — | $224.5M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $565.5M | $3.6B |
| 总资产 | $5.6B | $11.1B |
| 负债/权益比越低杠杆越低 | — | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资HASSON
| Q1 26 | — | $224.5M | ||
| Q4 25 | — | $378.4M | ||
| Q3 25 | — | $244.9M | ||
| Q2 25 | — | $329.8M | ||
| Q1 25 | — | $181.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $140.2M |
总债务HASSON
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $2.5B |
股东权益HASSON
| Q1 26 | — | $3.6B | ||
| Q4 25 | $565.5M | $3.6B | ||
| Q3 25 | $433.8M | $3.3B | ||
| Q2 25 | $269.7M | $3.2B | ||
| Q1 25 | $1.2B | $2.4B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.3B | $2.5B | ||
| Q2 24 | $1.2B | $2.4B |
总资产HASSON
| Q1 26 | — | $11.1B | ||
| Q4 25 | $5.6B | $11.2B | ||
| Q3 25 | $5.5B | $11.7B | ||
| Q2 25 | $5.2B | $12.0B | ||
| Q1 25 | $6.0B | $12.7B | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $7.2B | $9.0B | ||
| Q2 24 | $6.9B | $7.2B |
负债/权益比HASSON
| Q1 26 | — | 0.97× | ||
| Q4 25 | — | 1.05× | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.54× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | — | 1.04× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $389.5M | $-428.3B |
| 自由现金流率自由现金流/营收 | 26.9% | -25547.4% |
| 资本支出强度资本支出/营收 | 0.9% | 3600.5% |
| 现金转化率经营现金流/净利润 | 2.00× | — |
| 过去12个月自由现金流最近4个季度 | $829.9M | $-427.6B |
8季度趋势，按日历期对齐
经营现金流HASSON
| Q1 26 | — | — | ||
| Q4 25 | $403.2M | $412.9M | ||
| Q3 25 | $280.6M | $291.5M | ||
| Q2 25 | $71.3M | $193.4M | ||
| Q1 25 | $138.1M | $-208.1M | ||
| Q4 24 | $259.8M | — | ||
| Q3 24 | $222.5M | $162.1M | ||
| Q2 24 | $187.3M | $109.3M |
自由现金流HASSON
| Q1 26 | — | $-428.3B | ||
| Q4 25 | $389.5M | $322.3M | ||
| Q3 25 | $260.9M | $225.6M | ||
| Q2 25 | $55.2M | $98.6M | ||
| Q1 25 | $124.3M | $-300.8M | ||
| Q4 24 | $200.8M | — | ||
| Q3 24 | $174.0M | $70.5M | ||
| Q2 24 | $135.4M | $16.0M |
自由现金流率HASSON
| Q1 26 | — | -25547.4% | ||
| Q4 25 | 26.9% | 18.2% | ||
| Q3 25 | 18.8% | 10.6% | ||
| Q2 25 | 5.6% | 5.2% | ||
| Q1 25 | 14.0% | -17.6% | ||
| Q4 24 | 18.2% | — | ||
| Q3 24 | 13.6% | 4.2% | ||
| Q2 24 | 13.6% | 1.0% |
资本支出强度HASSON
| Q1 26 | — | 3600.5% | ||
| Q4 25 | 0.9% | 5.1% | ||
| Q3 25 | 1.4% | 3.1% | ||
| Q2 25 | 1.6% | 5.0% | ||
| Q1 25 | 1.6% | 5.4% | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 3.8% | 5.5% | ||
| Q2 24 | 5.2% | 5.7% |
现金转化率HASSON
| Q1 26 | — | — | ||
| Q4 25 | 2.00× | 1.24× | ||
| Q3 25 | 1.20× | 2.37× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | 1.40× | -3.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.00× | 3.18× | ||
| Q2 24 | 1.35× | 1.20× |
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% |
SON
| Consumer Packaging | $1.1B | 65% |
| Industrial Paper Packaging | $587.5M | 35% |
| All Other | $55.1M | 3% |
