vs
希尔顿（HLT）与Williams Companies（WMB）财务数据对比。点击上方公司名可切换其他公司
Williams Companies的季度营收约是希尔顿的1.3倍（$3.8B vs $2.9B），Williams Companies净利率更高（19.1% vs 13.0%，领先6.1%），Williams Companies同比增速更快（12.7% vs 9.0%），过去两年Williams Companies的营收复合增速更高（7.3% vs -0.2%）
希尔顿全球控股是美国跨国酒店管理集团，管理并特许经营涵盖酒店、度假村、分时度假物业在内的多元品牌矩阵。集团由康拉德·希尔顿于1919年5月创立，现任首席执行官为克里斯托弗·J·纳塞塔，总部位于美国弗吉尼亚州泰森斯。
总部位于美国俄克拉荷马州塔尔萨的能源企业，位列《财富》美国500强，普通股为标普500指数成分股，核心业务为天然气加工与运输，同时持有石油、发电相关资产。
HLT vs WMB — 直观对比
营收规模更大
WMB
是对方的1.3倍
$2.9B
营收增速更快
WMB
高出3.7%
9.0%
净利率更高
WMB
高出6.1%
13.0%
两年增速更快
WMB
近两年复合增速
-0.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $3.8B |
| 净利润 | $383.0M | $734.0M |
| 毛利率 | — | — |
| 营业利润率 | 23.1% | 27.3% |
| 净利率 | 13.0% | 19.1% |
| 营收同比 | 9.0% | 12.7% |
| 净利润同比 | 27.7% | 51.0% |
| 每股收益（稀释后） | $1.66 | $0.60 |
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HLTWMB
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $3.8B | ||
| Q3 25 | $3.1B | $3.5B | ||
| Q2 25 | $3.1B | $3.4B | ||
| Q1 25 | $2.7B | $4.2B | ||
| Q4 24 | $2.8B | $3.4B | ||
| Q3 24 | $2.9B | $3.0B | ||
| Q2 24 | $3.0B | $2.8B |
净利润HLTWMB
| Q1 26 | $383.0M | — | ||
| Q4 25 | $297.0M | $734.0M | ||
| Q3 25 | $420.0M | $647.0M | ||
| Q2 25 | $440.0M | $546.0M | ||
| Q1 25 | $300.0M | $691.0M | ||
| Q4 24 | $505.0M | $486.0M | ||
| Q3 24 | $344.0M | $706.0M | ||
| Q2 24 | $421.0M | $401.0M |
营业利润率HLTWMB
| Q1 26 | 23.1% | — | ||
| Q4 25 | 19.5% | 27.3% | ||
| Q3 25 | 24.9% | 31.8% | ||
| Q2 25 | 24.8% | 28.0% | ||
| Q1 25 | 19.9% | 26.1% | ||
| Q4 24 | 17.6% | 23.2% | ||
| Q3 24 | 21.7% | 27.6% | ||
| Q2 24 | 24.6% | 24.4% |
净利率HLTWMB
| Q1 26 | 13.0% | — | ||
| Q4 25 | 9.6% | 19.1% | ||
| Q3 25 | 13.5% | 18.5% | ||
| Q2 25 | 14.0% | 16.2% | ||
| Q1 25 | 11.1% | 16.5% | ||
| Q4 24 | 18.1% | 14.2% | ||
| Q3 24 | 12.0% | 23.3% | ||
| Q2 24 | 14.3% | 14.1% |
每股收益（稀释后）HLTWMB
| Q1 26 | $1.66 | — | ||
| Q4 25 | $1.27 | $0.60 | ||
| Q3 25 | $1.78 | $0.53 | ||
| Q2 25 | $1.84 | $0.45 | ||
| Q1 25 | $1.23 | $0.56 | ||
| Q4 24 | $2.05 | $0.39 | ||
| Q3 24 | $1.38 | $0.58 | ||
| Q2 24 | $1.67 | $0.33 |
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 | — | — |
| 总债务越低越好 | $12.4M | $27.3B |
| 股东权益账面价值 | — | $12.8B |
| 总资产 | — | $58.6B |
| 负债/权益比越低杠杆越低 | — | 2.13× |
8季度趋势，按日历期对齐
现金及短期投资HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | $918.0M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $371.0M | — | ||
| Q1 25 | $731.0M | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $731.0M | — |
总债务HLTWMB
| Q1 26 | $12.4M | — | ||
| Q4 25 | $12.3B | $27.3B | ||
| Q3 25 | $11.6B | $25.6B | ||
| Q2 25 | $10.9B | $25.6B | ||
| Q1 25 | $10.6B | $24.1B | ||
| Q4 24 | $10.6B | $24.7B | ||
| Q3 24 | $10.6B | $24.8B | ||
| Q2 24 | $9.6B | $24.1B |
股东权益HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | $-5.4B | $12.8B | ||
| Q3 25 | $-4.9B | $12.5B | ||
| Q2 25 | $-4.6B | $12.4B | ||
| Q1 25 | $-4.4B | $12.5B | ||
| Q4 24 | $-3.7B | $12.4B | ||
| Q3 24 | $-3.5B | $12.4B | ||
| Q2 24 | $-3.1B | $12.3B |
总资产HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | $16.8B | $58.6B | ||
| Q3 25 | $16.6B | $55.7B | ||
| Q2 25 | $15.9B | $56.1B | ||
| Q1 25 | $16.0B | $54.9B | ||
| Q4 24 | $16.5B | $54.5B | ||
| Q3 24 | $16.7B | $53.8B | ||
| Q2 24 | $15.7B | $52.4B |
负债/权益比HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | — | 2.13× | ||
| Q3 25 | — | 2.04× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 1.93× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | — | 2.00× | ||
| Q2 24 | — | 1.96× |
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 | — | $1.6B |
| 自由现金流经营现金流 - 资本支出 | — | $-379.0M |
| 自由现金流率自由现金流/营收 | — | -9.9% |
| 资本支出强度资本支出/营收 | 0.3% | 50.9% |
| 现金转化率经营现金流/净利润 | — | 2.15× |
| 过去12个月自由现金流最近4个季度 | — | $1.0B |
8季度趋势，按日历期对齐
经营现金流HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | $203.0M | $1.6B | ||
| Q3 25 | $816.0M | $1.4B | ||
| Q2 25 | $658.0M | $1.4B | ||
| Q1 25 | $452.0M | $1.4B | ||
| Q4 24 | $582.0M | $1.2B | ||
| Q3 24 | $664.0M | $1.2B | ||
| Q2 24 | $421.0M | $1.3B |
自由现金流HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | $173.0M | $-379.0M | ||
| Q3 25 | $787.0M | $485.0M | ||
| Q2 25 | $635.0M | $478.0M | ||
| Q1 25 | $433.0M | $421.0M | ||
| Q4 24 | $534.0M | $450.0M | ||
| Q3 24 | $647.0M | $561.0M | ||
| Q2 24 | $406.0M | $700.0M |
自由现金流率HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | -9.9% | ||
| Q3 25 | 25.2% | 13.9% | ||
| Q2 25 | 20.2% | 14.2% | ||
| Q1 25 | 16.1% | 10.1% | ||
| Q4 24 | 19.2% | 13.2% | ||
| Q3 24 | 22.6% | 18.5% | ||
| Q2 24 | 13.8% | 24.6% |
资本支出强度HLTWMB
| Q1 26 | 0.3% | — | ||
| Q4 25 | 1.0% | 50.9% | ||
| Q3 25 | 0.9% | 27.3% | ||
| Q2 25 | 0.7% | 28.8% | ||
| Q1 25 | 0.7% | 24.2% | ||
| Q4 24 | 1.7% | 22.5% | ||
| Q3 24 | 0.6% | 22.5% | ||
| Q2 24 | 0.5% | 20.3% |
现金转化率HLTWMB
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 2.15× | ||
| Q3 25 | 1.94× | 2.22× | ||
| Q2 25 | 1.50× | 2.66× | ||
| Q1 25 | 1.51× | 2.07× | ||
| Q4 24 | 1.15× | 2.51× | ||
| Q3 24 | 1.93× | 1.76× | ||
| Q2 24 | 1.00× | 3.19× |
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
HLT
暂无分部数据
WMB
| Services | $2.2B | 57% |
| Natural Gas Us Regulated | $740.0M | 19% |
| West | $730.0M | 19% |
| Non Regulated Service Commodity Consideration | $51.0M | 1% |
| Natural Gas Gathering Transportation Marketing And Processing | $45.0M | 1% |
| Affiliated Entity | $23.0M | 1% |
| Other | $14.0M | 0% |
| Other Service | $11.0M | 0% |
