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哈贝尔（HUBB）与Lumen Technologies, Inc.（LUMN）财务数据对比。点击上方公司名可切换其他公司
Lumen Technologies, Inc.的季度营收约是哈贝尔的1.8倍（$2.7B vs $1.5B），哈贝尔净利率更高（14.6% vs -0.1%，领先14.7%），哈贝尔同比增速更快（11.9% vs -11.0%），哈贝尔自由现金流更多（$388.8M vs $-1.1B），过去两年哈贝尔的营收复合增速更高（3.3% vs -5.3%）
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。
Lumen Technologies是总部位于美国路易斯安那州门罗市的电信企业，依托自有光纤、铜线网络、数据中心及云计算资源，为客户提供网络、安全、云、语音及各类托管通信服务，2023年3月起纳入标普600指数，此前曾为标普500指数成分股。
HUBB vs LUMN — 直观对比
营收规模更大
LUMN
是对方的1.8倍
$1.5B
营收增速更快
HUBB
高出22.8%
-11.0%
净利率更高
HUBB
高出14.7%
-0.1%
自由现金流更多
HUBB
多$1.5B
$-1.1B
两年增速更快
HUBB
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.7B |
| 净利润 | $217.7M | $-2.0M |
| 毛利率 | 34.6% | 40.7% |
| 营业利润率 | 20.3% | -7.3% |
| 净利率 | 14.6% | -0.1% |
| 营收同比 | 11.9% | -11.0% |
| 净利润同比 | 10.5% | -102.4% |
| 每股收益（稀释后） | $4.06 | $-0.01 |
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HUBBLUMN
| Q4 25 | $1.5B | $2.7B | ||
| Q3 25 | $1.5B | $2.8B | ||
| Q2 25 | $1.5B | $2.9B | ||
| Q1 25 | $1.4B | $2.9B | ||
| Q4 24 | $1.3B | $3.1B | ||
| Q3 24 | $1.4B | $3.0B | ||
| Q2 24 | $1.5B | $3.0B | ||
| Q1 24 | $1.4B | $3.1B |
净利润HUBBLUMN
| Q4 25 | $217.7M | $-2.0M | ||
| Q3 25 | $255.5M | $-621.0M | ||
| Q2 25 | $244.2M | $-915.0M | ||
| Q1 25 | $169.7M | $-201.0M | ||
| Q4 24 | $197.0M | $85.0M | ||
| Q3 24 | $219.4M | $-148.0M | ||
| Q2 24 | $213.6M | $-49.0M | ||
| Q1 24 | $147.8M | $57.0M |
毛利率HUBBLUMN
| Q4 25 | 34.6% | 40.7% | ||
| Q3 25 | 36.2% | 39.4% | ||
| Q2 25 | 37.2% | 43.4% | ||
| Q1 25 | 33.1% | 42.0% | ||
| Q4 24 | 33.8% | 44.7% | ||
| Q3 24 | 34.5% | 43.0% | ||
| Q2 24 | 35.0% | 45.2% | ||
| Q1 24 | 32.0% | 46.0% |
营业利润率HUBBLUMN
| Q4 25 | 20.3% | -7.3% | ||
| Q3 25 | 22.0% | -4.1% | ||
| Q2 25 | 22.7% | -21.0% | ||
| Q1 25 | 17.5% | 3.7% | ||
| Q4 24 | 19.3% | 5.0% | ||
| Q3 24 | 21.1% | 4.2% | ||
| Q2 24 | 20.7% | 4.5% | ||
| Q1 24 | 16.3% | 1.5% |
净利率HUBBLUMN
| Q4 25 | 14.6% | -0.1% | ||
| Q3 25 | 17.0% | -22.1% | ||
| Q2 25 | 16.5% | -31.9% | ||
| Q1 25 | 12.4% | -6.9% | ||
| Q4 24 | 14.8% | 2.8% | ||
| Q3 24 | 15.2% | -5.0% | ||
| Q2 24 | 14.7% | -1.6% | ||
| Q1 24 | 10.6% | 1.9% |
每股收益（稀释后）HUBBLUMN
| Q4 25 | $4.06 | $-0.01 | ||
| Q3 25 | $4.77 | $-0.62 | ||
| Q2 25 | $4.56 | $-0.92 | ||
| Q1 25 | $3.15 | $-0.20 | ||
| Q4 24 | $3.65 | $0.08 | ||
| Q3 24 | $4.05 | $-0.15 | ||
| Q2 24 | $3.94 | $-0.05 | ||
| Q1 24 | $2.73 | $0.06 |
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 | $1.0B |
| 总债务越低越好 | — | $17.4B |
| 股东权益账面价值 | $3.8B | $-1.1B |
| 总资产 | $8.2B | $34.3B |
| 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HUBBLUMN
| Q4 25 | $497.9M | $1.0B | ||
| Q3 25 | $680.9M | $2.4B | ||
| Q2 25 | $399.6M | $1.6B | ||
| Q1 25 | $360.3M | $1.9B | ||
| Q4 24 | $345.0M | $1.9B | ||
| Q3 24 | $445.6M | $2.6B | ||
| Q2 24 | $406.5M | $1.5B | ||
| Q1 24 | $400.3M | $1.6B |
总债务HUBBLUMN
| Q4 25 | — | $17.4B | ||
| Q3 25 | $1.4B | $17.6B | ||
| Q2 25 | $1.4B | $17.6B | ||
| Q1 25 | $1.4B | $17.3B | ||
| Q4 24 | $1.4B | $17.5B | ||
| Q3 24 | $1.7B | $18.1B | ||
| Q2 24 | $1.9B | $18.4B | ||
| Q1 24 | $1.9B | $18.6B |
股东权益HUBBLUMN
| Q4 25 | $3.8B | $-1.1B | ||
| Q3 25 | $3.7B | $-1.2B | ||
| Q2 25 | $3.5B | $-595.0M | ||
| Q1 25 | $3.3B | $289.0M | ||
| Q4 24 | $3.3B | $464.0M | ||
| Q3 24 | $3.2B | $342.0M | ||
| Q2 24 | $3.1B | $466.0M | ||
| Q1 24 | $2.9B | $504.0M |
总资产HUBBLUMN
| Q4 25 | $8.2B | $34.3B | ||
| Q3 25 | $7.5B | $34.3B | ||
| Q2 25 | $7.1B | $33.0B | ||
| Q1 25 | $6.9B | $33.5B | ||
| Q4 24 | $6.7B | $33.5B | ||
| Q3 24 | $6.9B | $34.0B | ||
| Q2 24 | $6.9B | $32.9B | ||
| Q1 24 | $6.9B | $33.2B |
负债/权益比HUBBLUMN
| Q4 25 | — | — | ||
| Q3 25 | 0.39× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.44× | 59.98× | ||
| Q4 24 | 0.44× | 37.70× | ||
| Q3 24 | 0.51× | 53.05× | ||
| Q2 24 | 0.63× | 39.51× | ||
| Q1 24 | 0.65× | 36.89× |
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 | $562.0M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $-1.1B |
| 自由现金流率自由现金流/营收 | 26.0% | -39.4% |
| 资本支出强度资本支出/营收 | 3.9% | 59.9% |
| 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 | $371.0M |
8季度趋势，按日历期对齐
经营现金流HUBBLUMN
| Q4 25 | $447.5M | $562.0M | ||
| Q3 25 | $284.3M | $2.5B | ||
| Q2 25 | $260.6M | $570.0M | ||
| Q1 25 | $37.4M | $1.1B | ||
| Q4 24 | $432.4M | $688.0M | ||
| Q3 24 | $227.0M | $2.0B | ||
| Q2 24 | $239.6M | $511.0M | ||
| Q1 24 | $92.2M | $1.1B |
自由现金流HUBBLUMN
| Q4 25 | $388.8M | $-1.1B | ||
| Q3 25 | $253.8M | $1.5B | ||
| Q2 25 | $220.7M | $-321.0M | ||
| Q1 25 | $11.4M | $304.0M | ||
| Q4 24 | $364.4M | $-227.0M | ||
| Q3 24 | $188.8M | $1.2B | ||
| Q2 24 | $205.7M | $-242.0M | ||
| Q1 24 | $51.9M | $389.0M |
自由现金流率HUBBLUMN
| Q4 25 | 26.0% | -39.4% | ||
| Q3 25 | 16.9% | 52.4% | ||
| Q2 25 | 14.9% | -11.2% | ||
| Q1 25 | 0.8% | 10.4% | ||
| Q4 24 | 27.3% | -7.4% | ||
| Q3 24 | 13.1% | 39.8% | ||
| Q2 24 | 14.2% | -8.0% | ||
| Q1 24 | 3.7% | 12.7% |
资本支出强度HUBBLUMN
| Q4 25 | 3.9% | 59.9% | ||
| Q3 25 | 2.0% | 37.1% | ||
| Q2 25 | 2.7% | 31.1% | ||
| Q1 25 | 1.9% | 27.2% | ||
| Q4 24 | 5.1% | 29.7% | ||
| Q3 24 | 2.6% | 28.6% | ||
| Q2 24 | 2.3% | 25.0% | ||
| Q1 24 | 2.9% | 23.3% |
现金转化率HUBBLUMN
| Q4 25 | 2.06× | — | ||
| Q3 25 | 1.11× | — | ||
| Q2 25 | 1.07× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 2.19× | 8.09× | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 1.12× | — | ||
| Q1 24 | 0.62× | 19.33× |
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% |
LUMN
| Large Enterprise | $758.0M | 28% |
| Wholesale | $661.0M | 24% |
| Mid Market Enterprise | $472.0M | 17% |
| Fiber Broadband | $232.0M | 8% |
| Other Broadband | $218.0M | 8% |
| Other | $184.0M | 7% |
| Voice And Other | $166.0M | 6% |
| International And Other | $77.0M | 3% |
