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家得宝（HD）与雷神技术公司（RTX）财务数据对比。点击上方公司名可切换其他公司
家得宝的季度营收约是雷神技术公司的1.9倍（$41.4B vs $22.1B），雷神技术公司净利率更高（9.3% vs 8.7%，领先0.6%），雷神技术公司同比增速更快（8.7% vs 2.8%），家得宝自由现金流更多（$3.1B vs $1.3B），过去两年家得宝的营收复合增速更高（9.0% vs 5.8%）
家得宝是美国跨国家装零售巨头，也是美国规模最大的家装零售商，主营工具、建材、家电等产品销售，同时提供燃油、运输租赁等服务。公司总部位于佐治亚州科布县，通信地址设于亚特兰大，2021年员工数达49.06万，营收超1510亿美元。
RTX公司原名为雷神技术公司，是总部位于美国弗吉尼亚州阿灵顿的跨国航空航天与防务集团。按营收和市值计算，它是全球规模最大的航空航天及防务制造商之一，同时也是知名情报服务提供商，2023年位列福布斯全球2000强第79位。
HD vs RTX — 直观对比
营收规模更大
HD
是对方的1.9倍
$22.1B
营收增速更快
RTX
高出5.9%
2.8%
净利率更高
RTX
高出0.6%
8.7%
自由现金流更多
HD
多$1.8B
$1.3B
两年增速更快
HD
近两年复合增速
5.8%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $41.4B | $22.1B |
| 净利润 | $3.6B | $2.1B |
| 毛利率 | 33.4% | 20.8% |
| 营业利润率 | 12.9% | 5.9% |
| 净利率 | 8.7% | 9.3% |
| 营收同比 | 2.8% | 8.7% |
| 净利润同比 | -1.3% | 34.1% |
| 每股收益（稀释后） | $3.62 | $1.51 |
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HDRTX
| Q1 26 | — | $22.1B | ||
| Q4 25 | $41.4B | $24.2B | ||
| Q3 25 | $45.3B | $22.5B | ||
| Q2 25 | $39.9B | $21.6B | ||
| Q1 25 | $39.7B | $20.3B | ||
| Q4 24 | $40.2B | $21.6B | ||
| Q3 24 | $43.2B | $20.1B | ||
| Q2 24 | $36.4B | $19.7B |
净利润HDRTX
| Q1 26 | — | $2.1B | ||
| Q4 25 | $3.6B | $1.6B | ||
| Q3 25 | $4.6B | $1.9B | ||
| Q2 25 | $3.4B | $1.7B | ||
| Q1 25 | $3.0B | $1.5B | ||
| Q4 24 | $3.6B | $1.5B | ||
| Q3 24 | $4.6B | $1.5B | ||
| Q2 24 | $3.6B | $111.0M |
毛利率HDRTX
| Q1 26 | — | 20.8% | ||
| Q4 25 | 33.4% | — | ||
| Q3 25 | 33.4% | — | ||
| Q2 25 | 33.8% | — | ||
| Q1 25 | 32.8% | — | ||
| Q4 24 | 33.4% | — | ||
| Q3 24 | 33.4% | — | ||
| Q2 24 | 34.1% | — |
营业利润率HDRTX
| Q1 26 | — | 5.9% | ||
| Q4 25 | 12.9% | 10.7% | ||
| Q3 25 | 14.5% | 11.2% | ||
| Q2 25 | 12.9% | 9.9% | ||
| Q1 25 | 11.3% | 10.0% | ||
| Q4 24 | 13.5% | 9.8% | ||
| Q3 24 | 15.1% | 10.1% | ||
| Q2 24 | 13.9% | 2.7% |
净利率HDRTX
| Q1 26 | — | 9.3% | ||
| Q4 25 | 8.7% | 6.7% | ||
| Q3 25 | 10.1% | 8.5% | ||
| Q2 25 | 8.6% | 7.7% | ||
| Q1 25 | 7.5% | 7.6% | ||
| Q4 24 | 9.1% | 6.9% | ||
| Q3 24 | 10.6% | 7.3% | ||
| Q2 24 | 9.9% | 0.6% |
每股收益（稀释后）HDRTX
| Q1 26 | — | $1.51 | ||
| Q4 25 | $3.62 | $1.19 | ||
| Q3 25 | $4.58 | $1.41 | ||
| Q2 25 | $3.45 | $1.22 | ||
| Q1 25 | $3.01 | $1.14 | ||
| Q4 24 | $3.67 | $1.10 | ||
| Q3 24 | $4.60 | $1.09 | ||
| Q2 24 | $3.63 | $0.08 |
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 | $1.7B | $6.8B |
| 总债务越低越好 | $46.3B | $33.2B |
| 股东权益账面价值 | $12.1B | $68.0B |
| 总资产 | $106.3B | $170.4B |
| 负债/权益比越低杠杆越低 | 3.82× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资HDRTX
| Q1 26 | — | $6.8B | ||
| Q4 25 | $1.7B | $8.2B | ||
| Q3 25 | $2.8B | $6.7B | ||
| Q2 25 | $1.4B | $5.5B | ||
| Q1 25 | $1.7B | $5.8B | ||
| Q4 24 | $1.5B | $6.4B | ||
| Q3 24 | $1.6B | $7.4B | ||
| Q2 24 | $4.3B | $6.7B |
总债务HDRTX
| Q1 26 | — | $33.2B | ||
| Q4 25 | $46.3B | $34.3B | ||
| Q3 25 | $45.9B | $38.3B | ||
| Q2 25 | $47.3B | $38.3B | ||
| Q1 25 | $48.5B | $38.2B | ||
| Q4 24 | $50.1B | $38.7B | ||
| Q3 24 | $51.9B | $38.8B | ||
| Q2 24 | $42.1B | $40.3B |
股东权益HDRTX
| Q1 26 | — | $68.0B | ||
| Q4 25 | $12.1B | $65.2B | ||
| Q3 25 | $10.7B | $64.5B | ||
| Q2 25 | $8.0B | $62.4B | ||
| Q1 25 | $6.6B | $61.5B | ||
| Q4 24 | $5.8B | $60.2B | ||
| Q3 24 | $4.4B | $61.1B | ||
| Q2 24 | $1.8B | $59.0B |
总资产HDRTX
| Q1 26 | — | $170.4B | ||
| Q4 25 | $106.3B | $171.1B | ||
| Q3 25 | $100.0B | $168.7B | ||
| Q2 25 | $99.2B | $167.1B | ||
| Q1 25 | $96.1B | $164.9B | ||
| Q4 24 | $97.3B | $162.9B | ||
| Q3 24 | $96.8B | $164.8B | ||
| Q2 24 | $79.2B | $161.2B |
负债/权益比HDRTX
| Q1 26 | — | 0.49× | ||
| Q4 25 | 3.82× | 0.53× | ||
| Q3 25 | 4.31× | 0.59× | ||
| Q2 25 | 5.95× | 0.61× | ||
| Q1 25 | 7.30× | 0.62× | ||
| Q4 24 | 8.65× | 0.64× | ||
| Q3 24 | 11.74× | 0.64× | ||
| Q2 24 | 23.11× | 0.68× |
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 | $4.0B | — |
| 自由现金流经营现金流 - 资本支出 | $3.1B | $1.3B |
| 自由现金流率自由现金流/营收 | 7.5% | 5.9% |
| 资本支出强度资本支出/营收 | 2.2% | 2.5% |
| 现金转化率经营现金流/净利润 | 1.11× | — |
| 过去12个月自由现金流最近4个季度 | $13.9B | $8.5B |
8季度趋势，按日历期对齐
经营现金流HDRTX
| Q1 26 | — | — | ||
| Q4 25 | $4.0B | $4.2B | ||
| Q3 25 | $4.6B | $4.6B | ||
| Q2 25 | $4.3B | $458.0M | ||
| Q1 25 | $4.7B | $1.3B | ||
| Q4 24 | $4.2B | $1.6B | ||
| Q3 24 | $5.4B | $2.5B | ||
| Q2 24 | $5.5B | $2.7B |
自由现金流HDRTX
| Q1 26 | — | $1.3B | ||
| Q4 25 | $3.1B | $3.2B | ||
| Q3 25 | $3.7B | $4.0B | ||
| Q2 25 | $3.5B | $-72.0M | ||
| Q1 25 | $3.6B | $792.0M | ||
| Q4 24 | $3.4B | $492.0M | ||
| Q3 24 | $4.7B | $2.0B | ||
| Q2 24 | $4.7B | $2.2B |
自由现金流率HDRTX
| Q1 26 | — | 5.9% | ||
| Q4 25 | 7.5% | 13.2% | ||
| Q3 25 | 8.2% | 17.9% | ||
| Q2 25 | 8.8% | -0.3% | ||
| Q1 25 | 9.0% | 3.9% | ||
| Q4 24 | 8.5% | 2.3% | ||
| Q3 24 | 10.9% | 9.8% | ||
| Q2 24 | 12.8% | 11.1% |
资本支出强度HDRTX
| Q1 26 | — | 2.5% | ||
| Q4 25 | 2.2% | 4.0% | ||
| Q3 25 | 2.0% | 2.7% | ||
| Q2 25 | 2.0% | 2.5% | ||
| Q1 25 | 2.8% | 2.5% | ||
| Q4 24 | 2.0% | 4.9% | ||
| Q3 24 | 1.7% | 2.7% | ||
| Q2 24 | 2.3% | 2.7% |
现金转化率HDRTX
| Q1 26 | — | — | ||
| Q4 25 | 1.11× | 2.57× | ||
| Q3 25 | 1.02× | 2.42× | ||
| Q2 25 | 1.26× | 0.28× | ||
| Q1 25 | 1.56× | 0.85× | ||
| Q4 24 | 1.16× | 1.05× | ||
| Q3 24 | 1.19× | 1.71× | ||
| Q2 24 | 1.53× | 24.62× |
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
HD
| Major Product Line Building Materials | $13.6B | 33% |
| Major Product Line Dcor | $12.9B | 31% |
| Major Product Line Hardlines | $10.9B | 26% |
| Other | $1.5B | 4% |
| Services | $1.5B | 4% |
| GMS Inc | $892.0M | 2% |
RTX
暂无分部数据
