vs
哈贝尔（HUBB）与亨斯迈（HUN）财务数据对比。点击上方公司名可切换其他公司
哈贝尔的季度营收约是亨斯迈的1.1倍（$1.5B vs $1.4B），哈贝尔净利率更高（14.6% vs -7.1%，领先21.7%），哈贝尔同比增速更快（11.9% vs -6.7%），哈贝尔自由现金流更多（$388.8M vs $19.0M），过去两年哈贝尔的营收复合增速更高（3.3% vs -4.0%）
哈贝尔（Hubbell Incorporated）是总部位于美国康涅狄格州谢尔顿的企业，由哈维·哈贝尔于1888年创立，1905年在康涅狄格州正式注册。公司主营电气及电子产品的设计、生产与销售，产品广泛应用于住宅、非住宅建筑、工业及公用事业等多个领域。
亨斯迈公司是总部位于美国得克萨斯州伍德兰兹的全球化化工巨头，面向消费端与工业客户生产、销售各类化工产品，主营聚氨酯、高性能材料及胶粘剂，客户覆盖宝马、通用电气、雪佛龙、宝洁、联合利华等知名品牌。目前公司在全球25个国家设有60余处生产、研发及运营基地，员工约7000人。
HUBB vs HUN — 直观对比
营收规模更大
HUBB
是对方的1.1倍
$1.4B
营收增速更快
HUBB
高出18.6%
-6.7%
净利率更高
HUBB
高出21.7%
-7.1%
自由现金流更多
HUBB
多$369.8M
$19.0M
两年增速更快
HUBB
近两年复合增速
-4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.4B |
| 净利润 | $217.7M | $-96.0M |
| 毛利率 | 34.6% | 12.1% |
| 营业利润率 | 20.3% | -4.4% |
| 净利率 | 14.6% | -7.1% |
| 营收同比 | 11.9% | -6.7% |
| 净利润同比 | 10.5% | 31.9% |
| 每股收益（稀释后） | $4.06 | $-0.56 |
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HUBBHUN
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.5B | $1.6B | ||
| Q1 24 | $1.4B | $1.5B |
净利润HUBBHUN
| Q4 25 | $217.7M | $-96.0M | ||
| Q3 25 | $255.5M | $-25.0M | ||
| Q2 25 | $244.2M | $-158.0M | ||
| Q1 25 | $169.7M | $-5.0M | ||
| Q4 24 | $197.0M | $-141.0M | ||
| Q3 24 | $219.4M | $-33.0M | ||
| Q2 24 | $213.6M | $22.0M | ||
| Q1 24 | $147.8M | $-37.0M |
毛利率HUBBHUN
| Q4 25 | 34.6% | 12.1% | ||
| Q3 25 | 36.2% | 14.0% | ||
| Q2 25 | 37.2% | 12.5% | ||
| Q1 25 | 33.1% | 14.3% | ||
| Q4 24 | 33.8% | 12.9% | ||
| Q3 24 | 34.5% | 15.2% | ||
| Q2 24 | 35.0% | 15.4% | ||
| Q1 24 | 32.0% | 13.7% |
营业利润率HUBBHUN
| Q4 25 | 20.3% | -4.4% | ||
| Q3 25 | 22.0% | 0.4% | ||
| Q2 25 | 22.7% | -8.2% | ||
| Q1 25 | 17.5% | 3.0% | ||
| Q4 24 | 19.3% | -4.3% | ||
| Q3 24 | 21.1% | 2.7% | ||
| Q2 24 | 20.7% | 2.2% | ||
| Q1 24 | 16.3% | -2.6% |
净利率HUBBHUN
| Q4 25 | 14.6% | -7.1% | ||
| Q3 25 | 17.0% | -1.7% | ||
| Q2 25 | 16.5% | -10.8% | ||
| Q1 25 | 12.4% | -0.4% | ||
| Q4 24 | 14.8% | -9.7% | ||
| Q3 24 | 15.2% | -2.1% | ||
| Q2 24 | 14.7% | 1.4% | ||
| Q1 24 | 10.6% | -2.5% |
每股收益（稀释后）HUBBHUN
| Q4 25 | $4.06 | $-0.56 | ||
| Q3 25 | $4.77 | $-0.14 | ||
| Q2 25 | $4.56 | $-0.92 | ||
| Q1 25 | $3.15 | $-0.03 | ||
| Q4 24 | $3.65 | $-0.82 | ||
| Q3 24 | $4.05 | $-0.19 | ||
| Q2 24 | $3.94 | $0.13 | ||
| Q1 24 | $2.73 | $-0.22 |
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 | $497.9M | $429.0M |
| 总债务越低越好 | — | $2.0B |
| 股东权益账面价值 | $3.8B | $2.8B |
| 总资产 | $8.2B | $7.0B |
| 负债/权益比越低杠杆越低 | — | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资HUBBHUN
| Q4 25 | $497.9M | $429.0M | ||
| Q3 25 | $680.9M | $468.0M | ||
| Q2 25 | $399.6M | $399.0M | ||
| Q1 25 | $360.3M | $334.0M | ||
| Q4 24 | $345.0M | $340.0M | ||
| Q3 24 | $445.6M | $330.0M | ||
| Q2 24 | $406.5M | $335.0M | ||
| Q1 24 | $400.3M | $552.0M |
总债务HUBBHUN
| Q4 25 | — | $2.0B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $2.0B | ||
| Q1 25 | $1.4B | $2.0B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.7B | $1.9B | ||
| Q2 24 | $1.9B | $1.9B | ||
| Q1 24 | $1.9B | $2.1B |
股东权益HUBBHUN
| Q4 25 | $3.8B | $2.8B | ||
| Q3 25 | $3.7B | $2.8B | ||
| Q2 25 | $3.5B | $2.8B | ||
| Q1 25 | $3.3B | $3.0B | ||
| Q4 24 | $3.3B | $3.0B | ||
| Q3 24 | $3.2B | $3.1B | ||
| Q2 24 | $3.1B | $3.1B | ||
| Q1 24 | $2.9B | $3.2B |
总资产HUBBHUN
| Q4 25 | $8.2B | $7.0B | ||
| Q3 25 | $7.5B | $7.1B | ||
| Q2 25 | $7.1B | $7.1B | ||
| Q1 25 | $6.9B | $7.2B | ||
| Q4 24 | $6.7B | $7.1B | ||
| Q3 24 | $6.9B | $7.3B | ||
| Q2 24 | $6.9B | $7.3B | ||
| Q1 24 | $6.9B | $7.6B |
负债/权益比HUBBHUN
| Q4 25 | — | 0.73× | ||
| Q3 25 | 0.39× | 0.73× | ||
| Q2 25 | 0.41× | 0.72× | ||
| Q1 25 | 0.44× | 0.66× | ||
| Q4 24 | 0.44× | 0.62× | ||
| Q3 24 | 0.51× | 0.60× | ||
| Q2 24 | 0.63× | 0.62× | ||
| Q1 24 | 0.65× | 0.65× |
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 | $447.5M | $76.0M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $19.0M |
| 自由现金流率自由现金流/营收 | 26.0% | 1.4% |
| 资本支出强度资本支出/营收 | 3.9% | 4.2% |
| 现金转化率经营现金流/净利润 | 2.06× | — |
| 过去12个月自由现金流最近4个季度 | $874.7M | $116.0M |
8季度趋势，按日历期对齐
经营现金流HUBBHUN
| Q4 25 | $447.5M | $76.0M | ||
| Q3 25 | $284.3M | $196.0M | ||
| Q2 25 | $260.6M | $91.0M | ||
| Q1 25 | $37.4M | $-74.0M | ||
| Q4 24 | $432.4M | $153.0M | ||
| Q3 24 | $227.0M | $129.0M | ||
| Q2 24 | $239.6M | $46.0M | ||
| Q1 24 | $92.2M | $-65.0M |
自由现金流HUBBHUN
| Q4 25 | $388.8M | $19.0M | ||
| Q3 25 | $253.8M | $153.0M | ||
| Q2 25 | $220.7M | $54.0M | ||
| Q1 25 | $11.4M | $-110.0M | ||
| Q4 24 | $364.4M | $102.0M | ||
| Q3 24 | $188.8M | $88.0M | ||
| Q2 24 | $205.7M | $-4.0M | ||
| Q1 24 | $51.9M | $-107.0M |
自由现金流率HUBBHUN
| Q4 25 | 26.0% | 1.4% | ||
| Q3 25 | 16.9% | 10.5% | ||
| Q2 25 | 14.9% | 3.7% | ||
| Q1 25 | 0.8% | -7.8% | ||
| Q4 24 | 27.3% | 7.0% | ||
| Q3 24 | 13.1% | 5.7% | ||
| Q2 24 | 14.2% | -0.3% | ||
| Q1 24 | 3.7% | -7.3% |
资本支出强度HUBBHUN
| Q4 25 | 3.9% | 4.2% | ||
| Q3 25 | 2.0% | 2.9% | ||
| Q2 25 | 2.7% | 2.5% | ||
| Q1 25 | 1.9% | 2.6% | ||
| Q4 24 | 5.1% | 3.5% | ||
| Q3 24 | 2.6% | 2.7% | ||
| Q2 24 | 2.3% | 3.2% | ||
| Q1 24 | 2.9% | 2.9% |
现金转化率HUBBHUN
| Q4 25 | 2.06× | — | ||
| Q3 25 | 1.11× | — | ||
| Q2 25 | 1.07× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 2.19× | — | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 1.12× | 2.09× | ||
| Q1 24 | 0.62× | — |
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
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
HUN
| Diversified | $897.0M | 66% |
| Specialty | $231.0M | 17% |
| Performance Products | $113.0M | 8% |
| Advanced Materials | $61.0M | 5% |
| Related Party Customers | $19.0M | 1% |
| Other | $12.0M | 1% |
