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哈贝尔（HUBB）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
哈贝尔的季度营收约是希悦尔的1.1倍（$1.5B vs $1.4B），哈贝尔净利率更高（14.6% vs 3.1%，领先11.4%），哈贝尔同比增速更快（11.9% vs 2.6%），哈贝尔自由现金流更多（$388.8M vs $257.7M），过去两年哈贝尔的营收复合增速更高（3.3% vs 2.7%）
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。
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。
HUBB vs SEE — 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9.3%
2.6%
净利率更高
HUBB
高出11.4%
3.1%
自由现金流更多
HUBB
多$131.1M
$257.7M
两年增速更快
HUBB
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.4B |
| 净利润 | $217.7M | $43.8M |
| 毛利率 | 34.6% | 28.6% |
| 营业利润率 | 20.3% | 11.4% |
| 净利率 | 14.6% | 3.1% |
| 营收同比 | 11.9% | 2.6% |
| 净利润同比 | 10.5% | 700.0% |
| 每股收益（稀释后） | $4.06 | $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HUBBSEE
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.5B | $1.3B | ||
| Q1 24 | $1.4B | $1.3B |
净利润HUBBSEE
| Q4 25 | $217.7M | $43.8M | ||
| Q3 25 | $255.5M | $255.1M | ||
| Q2 25 | $244.2M | $93.1M | ||
| Q1 25 | $169.7M | $113.5M | ||
| Q4 24 | $197.0M | $-7.3M | ||
| Q3 24 | $219.4M | $91.7M | ||
| Q2 24 | $213.6M | $98.3M | ||
| Q1 24 | $147.8M | $82.0M |
毛利率HUBBSEE
| Q4 25 | 34.6% | 28.6% | ||
| Q3 25 | 36.2% | 29.8% | ||
| Q2 25 | 37.2% | 30.7% | ||
| Q1 25 | 33.1% | 30.9% | ||
| Q4 24 | 33.8% | 30.0% | ||
| Q3 24 | 34.5% | 30.1% | ||
| Q2 24 | 35.0% | 31.2% | ||
| Q1 24 | 32.0% | 30.3% |
营业利润率HUBBSEE
| Q4 25 | 20.3% | 11.4% | ||
| Q3 25 | 22.0% | 13.8% | ||
| Q2 25 | 22.7% | 15.0% | ||
| Q1 25 | 17.5% | 14.5% | ||
| Q4 24 | 19.3% | 11.7% | ||
| Q3 24 | 21.1% | 13.9% | ||
| Q2 24 | 20.7% | 15.4% | ||
| Q1 24 | 16.3% | 14.0% |
净利率HUBBSEE
| Q4 25 | 14.6% | 3.1% | ||
| Q3 25 | 17.0% | 19.0% | ||
| Q2 25 | 16.5% | 7.0% | ||
| Q1 25 | 12.4% | 9.0% | ||
| Q4 24 | 14.8% | -0.5% | ||
| Q3 24 | 15.2% | 6.9% | ||
| Q2 24 | 14.7% | 7.4% | ||
| Q1 24 | 10.6% | 6.2% |
每股收益（稀释后）HUBBSEE
| Q4 25 | $4.06 | $0.30 | ||
| Q3 25 | $4.77 | $1.73 | ||
| Q2 25 | $4.56 | $0.63 | ||
| Q1 25 | $3.15 | $0.77 | ||
| Q4 24 | $3.65 | $-0.05 | ||
| Q3 24 | $4.05 | $0.63 | ||
| Q2 24 | $3.94 | $0.67 | ||
| Q1 24 | $2.73 | $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 | $497.9M | $344.0M |
| 总债务越低越好 | — | $3.3B |
| 股东权益账面价值 | $3.8B | $1.2B |
| 总资产 | $8.2B | $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HUBBSEE
| Q4 25 | $497.9M | $344.0M | ||
| Q3 25 | $680.9M | $282.5M | ||
| Q2 25 | $399.6M | $354.4M | ||
| Q1 25 | $360.3M | $335.2M | ||
| Q4 24 | $345.0M | $371.8M | ||
| Q3 24 | $445.6M | $386.0M | ||
| Q2 24 | $406.5M | $388.6M | ||
| Q1 24 | $400.3M | $352.8M |
总债务HUBBSEE
| Q4 25 | — | $3.3B | ||
| Q3 25 | $1.4B | $4.0B | ||
| Q2 25 | $1.4B | $4.0B | ||
| Q1 25 | $1.4B | $4.2B | ||
| Q4 24 | $1.4B | $4.2B | ||
| Q3 24 | $1.7B | $4.3B | ||
| Q2 24 | $1.9B | $4.4B | ||
| Q1 24 | $1.9B | $4.5B |
股东权益HUBBSEE
| Q4 25 | $3.8B | $1.2B | ||
| Q3 25 | $3.7B | $1.2B | ||
| Q2 25 | $3.5B | $953.1M | ||
| Q1 25 | $3.3B | $797.9M | ||
| Q4 24 | $3.3B | $624.5M | ||
| Q3 24 | $3.2B | $771.2M | ||
| Q2 24 | $3.1B | $650.1M | ||
| Q1 24 | $2.9B | $598.3M |
总资产HUBBSEE
| Q4 25 | $8.2B | $7.0B | ||
| Q3 25 | $7.5B | $7.1B | ||
| Q2 25 | $7.1B | $7.2B | ||
| Q1 25 | $6.9B | $7.0B | ||
| Q4 24 | $6.7B | $7.0B | ||
| Q3 24 | $6.9B | $7.3B | ||
| Q2 24 | $6.9B | $7.3B | ||
| Q1 24 | $6.9B | $7.2B |
负债/权益比HUBBSEE
| Q4 25 | — | 2.65× | ||
| Q3 25 | 0.39× | 3.34× | ||
| Q2 25 | 0.41× | 4.18× | ||
| Q1 25 | 0.44× | 5.26× | ||
| Q4 24 | 0.44× | 6.72× | ||
| Q3 24 | 0.51× | 5.62× | ||
| Q2 24 | 0.63× | 6.81× | ||
| Q1 24 | 0.65× | 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 | $447.5M | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $257.7M |
| 自由现金流率自由现金流/营收 | 26.0% | 18.5% |
| 资本支出强度资本支出/营收 | 3.9% | 2.6% |
| 现金转化率经营现金流/净利润 | 2.06× | 6.70× |
| 过去12个月自由现金流最近4个季度 | $874.7M | $458.5M |
8季度趋势，按日历期对齐
经营现金流HUBBSEE
| Q4 25 | $447.5M | $293.6M | ||
| Q3 25 | $284.3M | $165.9M | ||
| Q2 25 | $260.6M | $136.6M | ||
| Q1 25 | $37.4M | $31.9M | ||
| Q4 24 | $432.4M | $244.2M | ||
| Q3 24 | $227.0M | $170.5M | ||
| Q2 24 | $239.6M | $188.2M | ||
| Q1 24 | $92.2M | $125.1M |
自由现金流HUBBSEE
| Q4 25 | $388.8M | $257.7M | ||
| Q3 25 | $253.8M | $119.6M | ||
| Q2 25 | $220.7M | $93.2M | ||
| Q1 25 | $11.4M | $-12.0M | ||
| Q4 24 | $364.4M | $185.1M | ||
| Q3 24 | $188.8M | $115.2M | ||
| Q2 24 | $205.7M | $129.5M | ||
| Q1 24 | $51.9M | $78.0M |
自由现金流率HUBBSEE
| Q4 25 | 26.0% | 18.5% | ||
| Q3 25 | 16.9% | 8.9% | ||
| Q2 25 | 14.9% | 7.0% | ||
| Q1 25 | 0.8% | -0.9% | ||
| Q4 24 | 27.3% | 13.6% | ||
| Q3 24 | 13.1% | 8.6% | ||
| Q2 24 | 14.2% | 9.7% | ||
| Q1 24 | 3.7% | 5.9% |
资本支出强度HUBBSEE
| Q4 25 | 3.9% | 2.6% | ||
| Q3 25 | 2.0% | 3.4% | ||
| Q2 25 | 2.7% | 3.3% | ||
| Q1 25 | 1.9% | 3.5% | ||
| Q4 24 | 5.1% | 4.4% | ||
| Q3 24 | 2.6% | 4.1% | ||
| Q2 24 | 2.3% | 4.4% | ||
| Q1 24 | 2.9% | 3.6% |
现金转化率HUBBSEE
| Q4 25 | 2.06× | 6.70× | ||
| Q3 25 | 1.11× | 0.65× | ||
| Q2 25 | 1.07× | 1.47× | ||
| Q1 25 | 0.22× | 0.28× | ||
| Q4 24 | 2.19× | — | ||
| Q3 24 | 1.03× | 1.86× | ||
| Q2 24 | 1.12× | 1.91× | ||
| Q1 24 | 0.62× | 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
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
