vs
赫兹（HTZ）与希悦尔（SEE）财务数据对比。点击上方公司名可切换其他公司
赫兹的季度营收约是希悦尔的1.5倍（$2.0B vs $1.4B），希悦尔净利率更高（3.1% vs -9.6%，领先12.7%），希悦尔同比增速更快（2.6% vs -0.6%），过去两年希悦尔的营收复合增速更高（2.7% vs -1.3%）
赫兹全球控股是美国知名汽车租赁企业，总部位于佛罗里达州埃斯特罗。公司运营赫兹同名核心品牌，同时拥有Dollar、Firefly、Thrifty等多个汽车租赁子品牌，业务覆盖全球广泛市场，为客户提供多元出行租赁解决方案。
希悦尔是全球领先的包装与防护解决方案供应商，核心产品包括缓冲防护材料、食品保鲜包装、可持续减废包装系统，服务覆盖电商、零售、食品饮料、工业制造等多个海内外领域。
HTZ vs SEE — 直观对比
营收规模更大
HTZ
是对方的1.5倍
$1.4B
营收增速更快
SEE
高出3.2%
-0.6%
净利率更高
SEE
高出12.7%
-9.6%
两年增速更快
SEE
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.4B |
| 净利润 | $-194.0M | $43.8M |
| 毛利率 | — | 28.6% |
| 营业利润率 | -11.0% | 11.4% |
| 净利率 | -9.6% | 3.1% |
| 营收同比 | -0.6% | 2.6% |
| 净利润同比 | 59.5% | 700.0% |
| 每股收益（稀释后） | $-0.46 | $0.30 |
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HTZSEE
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.5B | $1.3B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $2.6B | $1.3B | ||
| Q2 24 | $2.4B | $1.3B | ||
| Q1 24 | $2.1B | $1.3B |
净利润HTZSEE
| Q4 25 | $-194.0M | $43.8M | ||
| Q3 25 | $184.0M | $255.1M | ||
| Q2 25 | $-294.0M | $93.1M | ||
| Q1 25 | $-443.0M | $113.5M | ||
| Q4 24 | $-479.0M | $-7.3M | ||
| Q3 24 | $-1.3B | $91.7M | ||
| Q2 24 | $-865.0M | $98.3M | ||
| Q1 24 | $-186.0M | $82.0M |
毛利率HTZSEE
| Q4 25 | — | 28.6% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 30.7% | ||
| Q1 25 | — | 30.9% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 31.2% | ||
| Q1 24 | — | 30.3% |
营业利润率HTZSEE
| Q4 25 | -11.0% | 11.4% | ||
| Q3 25 | 9.4% | 13.8% | ||
| Q2 25 | -14.5% | 15.0% | ||
| Q1 25 | -29.0% | 14.5% | ||
| Q4 24 | -27.6% | 11.7% | ||
| Q3 24 | -62.9% | 13.9% | ||
| Q2 24 | -20.1% | 15.4% | ||
| Q1 24 | -27.9% | 14.0% |
净利率HTZSEE
| Q4 25 | -9.6% | 3.1% | ||
| Q3 25 | 7.4% | 19.0% | ||
| Q2 25 | -13.5% | 7.0% | ||
| Q1 25 | -24.4% | 9.0% | ||
| Q4 24 | -23.5% | -0.5% | ||
| Q3 24 | -51.7% | 6.9% | ||
| Q2 24 | -36.8% | 7.4% | ||
| Q1 24 | -8.9% | 6.2% |
每股收益（稀释后）HTZSEE
| Q4 25 | $-0.46 | $0.30 | ||
| Q3 25 | $0.42 | $1.73 | ||
| Q2 25 | $-0.95 | $0.63 | ||
| Q1 25 | $-1.44 | $0.77 | ||
| Q4 24 | $-1.57 | $-0.05 | ||
| Q3 24 | $-4.34 | $0.63 | ||
| Q2 24 | $-2.82 | $0.67 | ||
| Q1 24 | $-0.61 | $0.56 |
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 | $565.0M | $344.0M |
| 总债务越低越好 | — | $3.3B |
| 股东权益账面价值 | $-459.0M | $1.2B |
| 总资产 | $22.3B | $7.0B |
| 负债/权益比越低杠杆越低 | — | 2.65× |
8季度趋势，按日历期对齐
现金及短期投资HTZSEE
| Q4 25 | $565.0M | $344.0M | ||
| Q3 25 | $1.1B | $282.5M | ||
| Q2 25 | $503.0M | $354.4M | ||
| Q1 25 | $626.0M | $335.2M | ||
| Q4 24 | $592.0M | $371.8M | ||
| Q3 24 | $501.0M | $386.0M | ||
| Q2 24 | $568.0M | $388.6M | ||
| Q1 24 | $465.0M | $352.8M |
总债务HTZSEE
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.5B |
股东权益HTZSEE
| Q4 25 | $-459.0M | $1.2B | ||
| Q3 25 | $-317.0M | $1.2B | ||
| Q2 25 | $-504.0M | $953.1M | ||
| Q1 25 | $-262.0M | $797.9M | ||
| Q4 24 | $153.0M | $624.5M | ||
| Q3 24 | $681.0M | $771.2M | ||
| Q2 24 | $2.0B | $650.1M | ||
| Q1 24 | $2.8B | $598.3M |
总资产HTZSEE
| Q4 25 | $22.3B | $7.0B | ||
| Q3 25 | $23.0B | $7.1B | ||
| Q2 25 | $23.1B | $7.2B | ||
| Q1 25 | $22.0B | $7.0B | ||
| Q4 24 | $21.8B | $7.0B | ||
| Q3 24 | $23.0B | $7.3B | ||
| Q2 24 | $25.2B | $7.3B | ||
| Q1 24 | $24.3B | $7.2B |
负债/权益比HTZSEE
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× | ||
| Q1 24 | — | 7.49× |
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 | $193.0M | $293.6M |
| 自由现金流经营现金流 - 资本支出 | — | $257.7M |
| 自由现金流率自由现金流/营收 | — | 18.5% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | — | 6.70× |
| 过去12个月自由现金流最近4个季度 | — | $458.5M |
8季度趋势，按日历期对齐
经营现金流HTZSEE
| Q4 25 | $193.0M | $293.6M | ||
| Q3 25 | $835.0M | $165.9M | ||
| Q2 25 | $346.0M | $136.6M | ||
| Q1 25 | $251.0M | $31.9M | ||
| Q4 24 | $414.0M | $244.2M | ||
| Q3 24 | $894.0M | $170.5M | ||
| Q2 24 | $546.0M | $188.2M | ||
| Q1 24 | $370.0M | $125.1M |
自由现金流HTZSEE
| Q4 25 | — | $257.7M | ||
| Q3 25 | — | $119.6M | ||
| Q2 25 | — | $93.2M | ||
| Q1 25 | — | $-12.0M | ||
| Q4 24 | — | $185.1M | ||
| Q3 24 | — | $115.2M | ||
| Q2 24 | — | $129.5M | ||
| Q1 24 | — | $78.0M |
自由现金流率HTZSEE
| Q4 25 | — | 18.5% | ||
| Q3 25 | — | 8.9% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | 9.7% | ||
| Q1 24 | — | 5.9% |
资本支出强度HTZSEE
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 3.6% |
现金转化率HTZSEE
| Q4 25 | — | 6.70× | ||
| Q3 25 | 4.54× | 0.65× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 1.91× | ||
| Q1 24 | — | 1.53× |
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
HTZ
暂无分部数据
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
