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Hillenbrand, Inc.（HI）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是Hillenbrand, Inc.的1.1倍（$614.5M vs $550.2M），Hillenbrand, Inc.净利率更高（-0.4% vs -2.0%，领先1.6%），Cloudflare, Inc.同比增速更快（33.6% vs -22.2%），Cloudflare, Inc.自由现金流更多（$105.2M vs $-31.6M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs -16.3%）
希伦布兰德是一家全球化多元化工业企业，设计、生产及销售专用加工设备与耐用工业解决方案，服务食品饮料、农业、制造、废弃物管理等领域，业务覆盖北美、欧洲及亚太地区。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
HI vs NET — 直观对比
营收规模更大
NET
是对方的1.1倍
$550.2M
营收增速更快
NET
高出55.8%
-22.2%
净利率更高
HI
高出1.6%
-2.0%
自由现金流更多
NET
多$136.8M
$-31.6M
两年增速更快
NET
近两年复合增速
-16.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $550.2M | $614.5M |
| 净利润 | $-2.2M | $-12.1M |
| 毛利率 | 33.4% | 73.6% |
| 营业利润率 | -2.2% | -8.0% |
| 净利率 | -0.4% | -2.0% |
| 营收同比 | -22.2% | 33.6% |
| 净利润同比 | -134.4% | 6.0% |
| 每股收益（稀释后） | — | $-0.03 |
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HINET
| Q4 25 | $550.2M | $614.5M | ||
| Q3 25 | $652.1M | $562.0M | ||
| Q2 25 | $598.9M | $512.3M | ||
| Q1 25 | $715.9M | $479.1M | ||
| Q4 24 | $706.9M | $459.9M | ||
| Q3 24 | $837.6M | $430.1M | ||
| Q2 24 | $786.6M | $401.0M | ||
| Q1 24 | $785.3M | $378.6M |
净利润HINET
| Q4 25 | $-2.2M | $-12.1M | ||
| Q3 25 | $75.7M | $-1.3M | ||
| Q2 25 | $1.9M | $-50.4M | ||
| Q1 25 | $-40.9M | $-38.5M | ||
| Q4 24 | $6.4M | $-12.8M | ||
| Q3 24 | $14.6M | $-15.3M | ||
| Q2 24 | $-248.9M | $-15.1M | ||
| Q1 24 | $6.1M | $-35.5M |
毛利率HINET
| Q4 25 | 33.4% | 73.6% | ||
| Q3 25 | 34.8% | 74.0% | ||
| Q2 25 | 33.8% | 74.9% | ||
| Q1 25 | 33.0% | 75.9% | ||
| Q4 24 | 33.2% | 76.4% | ||
| Q3 24 | 34.4% | 77.7% | ||
| Q2 24 | 33.9% | 77.8% | ||
| Q1 24 | 31.9% | 77.5% |
营业利润率HINET
| Q4 25 | -2.2% | -8.0% | ||
| Q3 25 | — | -6.7% | ||
| Q2 25 | 1.8% | -13.1% | ||
| Q1 25 | -6.2% | -11.1% | ||
| Q4 24 | 2.2% | -7.5% | ||
| Q3 24 | — | -7.2% | ||
| Q2 24 | -32.7% | -8.7% | ||
| Q1 24 | 1.6% | -14.4% |
净利率HINET
| Q4 25 | -0.4% | -2.0% | ||
| Q3 25 | 11.6% | -0.2% | ||
| Q2 25 | 0.3% | -9.8% | ||
| Q1 25 | -5.7% | -8.0% | ||
| Q4 24 | 0.9% | -2.8% | ||
| Q3 24 | 1.7% | -3.6% | ||
| Q2 24 | -31.6% | -3.8% | ||
| Q1 24 | 0.8% | -9.4% |
每股收益（稀释后）HINET
| Q4 25 | — | $-0.03 | ||
| Q3 25 | $1.07 | $0.00 | ||
| Q2 25 | $0.03 | $-0.15 | ||
| Q1 25 | $-0.58 | $-0.11 | ||
| Q4 24 | $0.09 | $-0.05 | ||
| Q3 24 | $0.20 | $-0.04 | ||
| Q2 24 | $-3.53 | $-0.04 | ||
| Q1 24 | $0.09 | $-0.10 |
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 | $173.1M | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $1.5B |
| 总资产 | $4.5B | $6.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资HINET
| Q4 25 | $173.1M | $943.5M | ||
| Q3 25 | $164.8M | $1.1B | ||
| Q2 25 | $162.8M | $1.5B | ||
| Q1 25 | $458.4M | $204.5M | ||
| Q4 24 | $208.0M | $147.7M | ||
| Q3 24 | $199.3M | $182.9M | ||
| Q2 24 | $223.8M | $157.0M | ||
| Q1 24 | $224.4M | $254.4M |
总债务HINET
| Q4 25 | — | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.1B | — |
股东权益HINET
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.4B | $1.0B | ||
| Q3 24 | $1.4B | $973.1M | ||
| Q2 24 | $1.4B | $881.5M | ||
| Q1 24 | $1.7B | $797.2M |
总资产HINET
| Q4 25 | $4.5B | $6.0B | ||
| Q3 25 | $4.5B | $5.8B | ||
| Q2 25 | $4.7B | $5.6B | ||
| Q1 25 | $4.8B | $3.7B | ||
| Q4 24 | $5.1B | $3.3B | ||
| Q3 24 | $5.2B | $3.1B | ||
| Q2 24 | $5.3B | $2.9B | ||
| Q1 24 | $5.6B | $2.8B |
负债/权益比HINET
| Q4 25 | — | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.38× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.48× | — | ||
| Q1 24 | 1.28× | — |
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 | $-27.4M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $-31.6M | $105.2M |
| 自由现金流率自由现金流/营收 | -5.7% | 17.1% |
| 资本支出强度资本支出/营收 | 0.8% | 13.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $7.8M | $287.5M |
8季度趋势，按日历期对齐
经营现金流HINET
| Q4 25 | $-27.4M | $190.4M | ||
| Q3 25 | $67.7M | $167.1M | ||
| Q2 25 | $-1.5M | $99.8M | ||
| Q1 25 | $1.3M | $145.8M | ||
| Q4 24 | $-11.3M | $127.3M | ||
| Q3 24 | $166.5M | $104.7M | ||
| Q2 24 | $45.6M | $74.8M | ||
| Q1 24 | $3.2M | $73.6M |
自由现金流HINET
| Q4 25 | $-31.6M | $105.2M | ||
| Q3 25 | $58.6M | $82.5M | ||
| Q2 25 | $-11.2M | $39.9M | ||
| Q1 25 | $-8.0M | $59.9M | ||
| Q4 24 | $-21.5M | $54.2M | ||
| Q3 24 | $153.4M | $54.5M | ||
| Q2 24 | $29.7M | $45.2M | ||
| Q1 24 | $-9.6M | $41.5M |
自由现金流率HINET
| Q4 25 | -5.7% | 17.1% | ||
| Q3 25 | 9.0% | 14.7% | ||
| Q2 25 | -1.9% | 7.8% | ||
| Q1 25 | -1.1% | 12.5% | ||
| Q4 24 | -3.0% | 11.8% | ||
| Q3 24 | 18.3% | 12.7% | ||
| Q2 24 | 3.8% | 11.3% | ||
| Q1 24 | -1.2% | 11.0% |
资本支出强度HINET
| Q4 25 | 0.8% | 13.9% | ||
| Q3 25 | 1.4% | 15.1% | ||
| Q2 25 | 1.6% | 11.7% | ||
| Q1 25 | 1.3% | 17.9% | ||
| Q4 24 | 1.4% | 15.9% | ||
| Q3 24 | 1.6% | 11.7% | ||
| Q2 24 | 2.0% | 7.4% | ||
| Q1 24 | 1.6% | 8.5% |
现金转化率HINET
| Q4 25 | — | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | -0.79× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -1.77× | — | ||
| Q3 24 | 11.40× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.52× | — |
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
HI
| Transferred At Point In Time | $256.5M | 47% |
| Transferred Over Time | $207.1M | 38% |
| Molding Technology Solutions | $86.6M | 16% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
