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哈贝尔（HUBB）与KAISER ALUMINUM CORP（KALU）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KAISER ALUMINUM CORP的1.6倍（$1.5B vs $929.0M），哈贝尔净利率更高（14.6% vs 3.0%，领先11.5%），KAISER ALUMINUM CORP同比增速更快（21.4% vs 11.9%），哈贝尔自由现金流更多（$388.8M vs $-51.1M），过去两年KAISER ALUMINUM CORP的营收复合增速更高（12.2% vs 3.3%）
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。
凯撒铝业是美国知名铝产品生产商，前身为凯撒铝业化工公司。其历史可追溯至Permanente Metals公司，该公司公开发行普通股后更名为凯撒铝业化工公司，后续拆分出现在的凯撒铝业，深耕铝材料生产领域，为下游多行业提供铝制品解决方案。
HUBB vs KALU — 直观对比
营收规模更大
HUBB
是对方的1.6倍
$929.0M
营收增速更快
KALU
高出9.5%
11.9%
净利率更高
HUBB
高出11.5%
3.0%
自由现金流更多
HUBB
多$439.9M
$-51.1M
两年增速更快
KALU
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $929.0M |
| 净利润 | $217.7M | $28.2M |
| 毛利率 | 34.6% | 13.3% |
| 营业利润率 | 20.3% | 6.5% |
| 净利率 | 14.6% | 3.0% |
| 营收同比 | 11.9% | 21.4% |
| 净利润同比 | 10.5% | 42.4% |
| 每股收益（稀释后） | $4.06 | $1.67 |
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HUBBKALU
| Q4 25 | $1.5B | $929.0M | ||
| Q3 25 | $1.5B | $843.5M | ||
| Q2 25 | $1.5B | $823.1M | ||
| Q1 25 | $1.4B | $777.4M | ||
| Q4 24 | $1.3B | $765.4M | ||
| Q3 24 | $1.4B | $747.7M | ||
| Q2 24 | $1.5B | $773.4M | ||
| Q1 24 | $1.4B | $737.5M |
净利润HUBBKALU
| Q4 25 | $217.7M | $28.2M | ||
| Q3 25 | $255.5M | $39.5M | ||
| Q2 25 | $244.2M | $23.2M | ||
| Q1 25 | $169.7M | $21.6M | ||
| Q4 24 | $197.0M | $19.8M | ||
| Q3 24 | $219.4M | $8.8M | ||
| Q2 24 | $213.6M | $18.9M | ||
| Q1 24 | $147.8M | $18.2M |
毛利率HUBBKALU
| Q4 25 | 34.6% | 13.3% | ||
| Q3 25 | 36.2% | 13.6% | ||
| Q2 25 | 37.2% | 12.2% | ||
| Q1 25 | 33.1% | 13.4% | ||
| Q4 24 | 33.8% | 12.5% | ||
| Q3 24 | 34.5% | 9.6% | ||
| Q2 24 | 35.0% | 13.4% | ||
| Q1 24 | 32.0% | 11.7% |
营业利润率HUBBKALU
| Q4 25 | 20.3% | 6.5% | ||
| Q3 25 | 22.0% | 5.8% | ||
| Q2 25 | 22.7% | 4.6% | ||
| Q1 25 | 17.5% | 5.3% | ||
| Q4 24 | 19.3% | 5.0% | ||
| Q3 24 | 21.1% | 1.8% | ||
| Q2 24 | 20.7% | 4.7% | ||
| Q1 24 | 16.3% | 3.3% |
净利率HUBBKALU
| Q4 25 | 14.6% | 3.0% | ||
| Q3 25 | 17.0% | 4.7% | ||
| Q2 25 | 16.5% | 2.8% | ||
| Q1 25 | 12.4% | 2.8% | ||
| Q4 24 | 14.8% | 2.6% | ||
| Q3 24 | 15.2% | 1.2% | ||
| Q2 24 | 14.7% | 2.4% | ||
| Q1 24 | 10.6% | 2.5% |
每股收益（稀释后）HUBBKALU
| Q4 25 | $4.06 | $1.67 | ||
| Q3 25 | $4.77 | $2.38 | ||
| Q2 25 | $4.56 | $1.41 | ||
| Q1 25 | $3.15 | $1.31 | ||
| Q4 24 | $3.65 | $1.21 | ||
| Q3 24 | $4.05 | $0.54 | ||
| Q2 24 | $3.94 | $1.15 | ||
| Q1 24 | $2.73 | $1.12 |
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 | $7.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.8B | $826.1M |
| 总资产 | $8.2B | $2.6B |
| 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HUBBKALU
| Q4 25 | $497.9M | $7.0M | ||
| Q3 25 | $680.9M | $17.2M | ||
| Q2 25 | $399.6M | $13.1M | ||
| Q1 25 | $360.3M | $21.3M | ||
| Q4 24 | $345.0M | $18.4M | ||
| Q3 24 | $445.6M | $45.7M | ||
| Q2 24 | $406.5M | $70.4M | ||
| Q1 24 | $400.3M | $101.6M |
总债务HUBBKALU
| Q4 25 | — | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
股东权益HUBBKALU
| Q4 25 | $3.8B | $826.1M | ||
| Q3 25 | $3.7B | $806.1M | ||
| Q2 25 | $3.5B | $776.0M | ||
| Q1 25 | $3.3B | $756.8M | ||
| Q4 24 | $3.3B | $743.1M | ||
| Q3 24 | $3.2B | $729.4M | ||
| Q2 24 | $3.1B | $727.6M | ||
| Q1 24 | $2.9B | $714.7M |
总资产HUBBKALU
| Q4 25 | $8.2B | $2.6B | ||
| Q3 25 | $7.5B | $2.6B | ||
| Q2 25 | $7.1B | $2.5B | ||
| Q1 25 | $6.9B | $2.4B | ||
| Q4 24 | $6.7B | $2.4B | ||
| Q3 24 | $6.9B | $2.3B | ||
| Q2 24 | $6.9B | $2.3B | ||
| Q1 24 | $6.9B | $2.3B |
负债/权益比HUBBKALU
| Q4 25 | — | — | ||
| Q3 25 | 0.39× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | 0.44× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 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 | $-20.6M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $-51.1M |
| 自由现金流率自由现金流/营收 | 26.0% | -5.5% |
| 资本支出强度资本支出/营收 | 3.9% | 3.3% |
| 现金转化率经营现金流/净利润 | 2.06× | -0.73× |
| 过去12个月自由现金流最近4个季度 | $874.7M | $-25.5M |
8季度趋势，按日历期对齐
经营现金流HUBBKALU
| Q4 25 | $447.5M | $-20.6M | ||
| Q3 25 | $284.3M | $59.1M | ||
| Q2 25 | $260.6M | $15.9M | ||
| Q1 25 | $37.4M | $57.0M | ||
| Q4 24 | $432.4M | $43.4M | ||
| Q3 24 | $227.0M | $34.1M | ||
| Q2 24 | $239.6M | $26.3M | ||
| Q1 24 | $92.2M | $63.3M |
自由现金流HUBBKALU
| Q4 25 | $388.8M | $-51.1M | ||
| Q3 25 | $253.8M | $34.5M | ||
| Q2 25 | $220.7M | $-27.7M | ||
| Q1 25 | $11.4M | $18.8M | ||
| Q4 24 | $364.4M | $-12.6M | ||
| Q3 24 | $188.8M | $-17.0M | ||
| Q2 24 | $205.7M | $-17.4M | ||
| Q1 24 | $51.9M | $33.3M |
自由现金流率HUBBKALU
| Q4 25 | 26.0% | -5.5% | ||
| Q3 25 | 16.9% | 4.1% | ||
| Q2 25 | 14.9% | -3.4% | ||
| Q1 25 | 0.8% | 2.4% | ||
| Q4 24 | 27.3% | -1.6% | ||
| Q3 24 | 13.1% | -2.3% | ||
| Q2 24 | 14.2% | -2.2% | ||
| Q1 24 | 3.7% | 4.5% |
资本支出强度HUBBKALU
| Q4 25 | 3.9% | 3.3% | ||
| Q3 25 | 2.0% | 2.9% | ||
| Q2 25 | 2.7% | 5.3% | ||
| Q1 25 | 1.9% | 4.9% | ||
| Q4 24 | 5.1% | 7.3% | ||
| Q3 24 | 2.6% | 6.8% | ||
| Q2 24 | 2.3% | 5.7% | ||
| Q1 24 | 2.9% | 4.1% |
现金转化率HUBBKALU
| Q4 25 | 2.06× | -0.73× | ||
| Q3 25 | 1.11× | 1.50× | ||
| Q2 25 | 1.07× | 0.69× | ||
| Q1 25 | 0.22× | 2.64× | ||
| Q4 24 | 2.19× | 2.19× | ||
| Q3 24 | 1.03× | 3.88× | ||
| Q2 24 | 1.12× | 1.39× | ||
| Q1 24 | 0.62× | 3.48× |
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% |
KALU
| Packaging | $440.6M | 47% |
| Aero Hs Products | $213.0M | 23% |
| Transferred Over Time | $200.2M | 22% |
| Automotive Extrusions | $75.4M | 8% |
