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哈贝尔（HUBB）与SS&C Technologies Holdings Inc（SSNC）财务数据对比。点击上方公司名可切换其他公司
SS&C Technologies Holdings Inc的季度营收约是哈贝尔的1.1倍（$1.6B vs $1.5B），哈贝尔净利率更高（14.6% vs 13.7%，领先0.9%），哈贝尔同比增速更快（11.9% vs 8.8%），过去两年SS&C Technologies Holdings Inc的营收复合增速更高（6.5% 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。
SS&C Technologies Holdings Inc.是总部位于美国康涅狄格州温莎的跨国控股企业，面向金融服务行业提供专业软件及软件即服务（SaaS）解决方案，业务覆盖全球，在美洲、欧洲、亚洲、非洲及澳洲均设有办公网点。
HUBB vs SSNC — 直观对比
营收规模更大
SSNC
是对方的1.1倍
$1.5B
营收增速更快
HUBB
高出3.1%
8.8%
净利率更高
HUBB
高出0.9%
13.7%
两年增速更快
SSNC
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.6B |
| 净利润 | $217.7M | $226.1M |
| 毛利率 | 34.6% | 48.7% |
| 营业利润率 | 20.3% | 24.2% |
| 净利率 | 14.6% | 13.7% |
| 营收同比 | 11.9% | 8.8% |
| 净利润同比 | 10.5% | 6.2% |
| 每股收益（稀释后） | $4.06 | $0.91 |
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HUBBSSNC
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.5B | $1.5B |
净利润HUBBSSNC
| Q1 26 | — | $226.1M | ||
| Q4 25 | $217.7M | $193.1M | ||
| Q3 25 | $255.5M | $210.0M | ||
| Q2 25 | $244.2M | $180.8M | ||
| Q1 25 | $169.7M | $213.0M | ||
| Q4 24 | $197.0M | $248.2M | ||
| Q3 24 | $219.4M | $164.4M | ||
| Q2 24 | $213.6M | $190.3M |
毛利率HUBBSSNC
| Q1 26 | — | 48.7% | ||
| Q4 25 | 34.6% | 47.8% | ||
| Q3 25 | 36.2% | 47.7% | ||
| Q2 25 | 37.2% | 48.0% | ||
| Q1 25 | 33.1% | 49.3% | ||
| Q4 24 | 33.8% | 49.3% | ||
| Q3 24 | 34.5% | 48.0% | ||
| Q2 24 | 35.0% | 48.1% |
营业利润率HUBBSSNC
| Q1 26 | — | 24.2% | ||
| Q4 25 | 20.3% | 22.3% | ||
| Q3 25 | 22.0% | 23.3% | ||
| Q2 25 | 22.7% | 22.4% | ||
| Q1 25 | 17.5% | 23.6% | ||
| Q4 24 | 19.3% | 23.4% | ||
| Q3 24 | 21.1% | 22.2% | ||
| Q2 24 | 20.7% | 22.6% |
净利率HUBBSSNC
| Q1 26 | — | 13.7% | ||
| Q4 25 | 14.6% | 11.7% | ||
| Q3 25 | 17.0% | 13.4% | ||
| Q2 25 | 16.5% | 11.8% | ||
| Q1 25 | 12.4% | 14.1% | ||
| Q4 24 | 14.8% | 16.2% | ||
| Q3 24 | 15.2% | 11.2% | ||
| Q2 24 | 14.7% | 13.1% |
每股收益（稀释后）HUBBSSNC
| Q1 26 | — | $0.91 | ||
| Q4 25 | $4.06 | $0.76 | ||
| Q3 25 | $4.77 | $0.83 | ||
| Q2 25 | $4.56 | $0.72 | ||
| Q1 25 | $3.15 | $0.84 | ||
| Q4 24 | $3.65 | $0.98 | ||
| Q3 24 | $4.05 | $0.65 | ||
| Q2 24 | $3.94 | $0.75 |
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 | $420.9M |
| 总债务越低越好 | — | $7.4B |
| 股东权益账面价值 | $3.8B | $6.9B |
| 总资产 | $8.2B | $20.3B |
| 负债/权益比越低杠杆越低 | — | 1.08× |
8季度趋势，按日历期对齐
现金及短期投资HUBBSSNC
| Q1 26 | — | $420.9M | ||
| Q4 25 | $497.9M | $462.1M | ||
| Q3 25 | $680.9M | $388.3M | ||
| Q2 25 | $399.6M | $480.3M | ||
| Q1 25 | $360.3M | $515.0M | ||
| Q4 24 | $345.0M | $567.1M | ||
| Q3 24 | $445.6M | $694.7M | ||
| Q2 24 | $406.5M | $462.7M |
总债务HUBBSSNC
| Q1 26 | — | $7.4B | ||
| 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 | — |
股东权益HUBBSSNC
| Q1 26 | — | $6.9B | ||
| Q4 25 | $3.8B | $6.9B | ||
| Q3 25 | $3.7B | $6.9B | ||
| Q2 25 | $3.5B | $6.9B | ||
| Q1 25 | $3.3B | $6.8B | ||
| Q4 24 | $3.3B | $6.5B | ||
| Q3 24 | $3.2B | $6.8B | ||
| Q2 24 | $3.1B | $6.4B |
总资产HUBBSSNC
| Q1 26 | — | $20.3B | ||
| Q4 25 | $8.2B | $20.7B | ||
| Q3 25 | $7.5B | $19.5B | ||
| Q2 25 | $7.1B | $19.0B | ||
| Q1 25 | $6.9B | $20.4B | ||
| Q4 24 | $6.7B | $19.0B | ||
| Q3 24 | $6.9B | $18.4B | ||
| Q2 24 | $6.9B | $16.9B |
负债/权益比HUBBSSNC
| Q1 26 | — | 1.08× | ||
| 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× | — |
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 | $299.7M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | — |
| 自由现金流率自由现金流/营收 | 26.0% | — |
| 资本支出强度资本支出/营收 | 3.9% | 0.0% |
| 现金转化率经营现金流/净利润 | 2.06× | 1.33× |
| 过去12个月自由现金流最近4个季度 | $874.7M | — |
8季度趋势，按日历期对齐
经营现金流HUBBSSNC
| Q1 26 | — | $299.7M | ||
| Q4 25 | $447.5M | $643.5M | ||
| Q3 25 | $284.3M | $456.2M | ||
| Q2 25 | $260.6M | $372.9M | ||
| Q1 25 | $37.4M | $272.2M | ||
| Q4 24 | $432.4M | $486.6M | ||
| Q3 24 | $227.0M | $336.6M | ||
| Q2 24 | $239.6M | $384.9M |
自由现金流HUBBSSNC
| Q1 26 | — | — | ||
| Q4 25 | $388.8M | $633.0M | ||
| Q3 25 | $253.8M | $421.5M | ||
| Q2 25 | $220.7M | $350.0M | ||
| Q1 25 | $11.4M | $259.5M | ||
| Q4 24 | $364.4M | $466.9M | ||
| Q3 24 | $188.8M | $310.7M | ||
| Q2 24 | $205.7M | $374.9M |
自由现金流率HUBBSSNC
| Q1 26 | — | — | ||
| Q4 25 | 26.0% | 38.3% | ||
| Q3 25 | 16.9% | 26.9% | ||
| Q2 25 | 14.9% | 22.8% | ||
| Q1 25 | 0.8% | 17.1% | ||
| Q4 24 | 27.3% | 30.5% | ||
| Q3 24 | 13.1% | 21.2% | ||
| Q2 24 | 14.2% | 25.8% |
资本支出强度HUBBSSNC
| Q1 26 | — | 0.0% | ||
| Q4 25 | 3.9% | 0.6% | ||
| Q3 25 | 2.0% | 2.2% | ||
| Q2 25 | 2.7% | 1.5% | ||
| Q1 25 | 1.9% | 0.8% | ||
| Q4 24 | 5.1% | 1.3% | ||
| Q3 24 | 2.6% | 1.8% | ||
| Q2 24 | 2.3% | 0.7% |
现金转化率HUBBSSNC
| Q1 26 | — | 1.33× | ||
| Q4 25 | 2.06× | 3.33× | ||
| Q3 25 | 1.11× | 2.17× | ||
| Q2 25 | 1.07× | 2.06× | ||
| Q1 25 | 0.22× | 1.28× | ||
| Q4 24 | 2.19× | 1.96× | ||
| Q3 24 | 1.03× | 2.05× | ||
| Q2 24 | 1.12× | 2.02× |
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% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
