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哈贝尔（HUBB）与赛莱默（XYL）财务数据对比。点击上方公司名可切换其他公司
赛莱默的季度营收约是哈贝尔的1.6倍（$2.4B vs $1.5B）。哈贝尔净利率更高（14.6% vs 14.0%，领先0.6%）。哈贝尔同比增速更快（11.9% vs 6.3%）。赛莱默自由现金流更多（$460.0M vs $388.8M）。过去两年赛莱默的营收复合增速更高（8.6% 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。
该文本为植物学对木质部的定义说明，并非赛莱默公司（Xylem Inc.）的企业业务介绍。Xylem Inc.是一家专注于水技术与解决方案的全球企业，提供水务基础设施、水环境治理等相关设备与服务。
HUBB vs XYL — 直观对比
营收规模更大
XYL
是对方的1.6倍
$1.5B
营收增速更快
HUBB
高出5.6%
6.3%
净利率更高
HUBB
高出0.6%
14.0%
自由现金流更多
XYL
多$71.2M
$388.8M
两年增速更快
XYL
近两年复合增速
3.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.4B |
| 净利润 | $217.7M | $335.0M |
| 毛利率 | 34.6% | 38.9% |
| 营业利润率 | 20.3% | 14.7% |
| 净利率 | 14.6% | 14.0% |
| 营收同比 | 11.9% | 6.3% |
| 净利润同比 | 10.5% | 2.8% |
| 每股收益（稀释后） | $4.06 | $1.37 |
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HUBBXYL
| Q4 25 | $1.5B | $2.4B | ||
| Q3 25 | $1.5B | $2.3B | ||
| Q2 25 | $1.5B | $2.3B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.4B | $2.0B |
净利润HUBBXYL
| Q4 25 | $217.7M | $335.0M | ||
| Q3 25 | $255.5M | $227.0M | ||
| Q2 25 | $244.2M | $226.0M | ||
| Q1 25 | $169.7M | $169.0M | ||
| Q4 24 | $197.0M | $326.0M | ||
| Q3 24 | $219.4M | $217.0M | ||
| Q2 24 | $213.6M | $194.0M | ||
| Q1 24 | $147.8M | $153.0M |
毛利率HUBBXYL
| Q4 25 | 34.6% | 38.9% | ||
| Q3 25 | 36.2% | 38.9% | ||
| Q2 25 | 37.2% | 38.8% | ||
| Q1 25 | 33.1% | 37.1% | ||
| Q4 24 | 33.8% | 38.0% | ||
| Q3 24 | 34.5% | 37.3% | ||
| Q2 24 | 35.0% | 37.8% | ||
| Q1 24 | 32.0% | 37.0% |
营业利润率HUBBXYL
| Q4 25 | 20.3% | 14.7% | ||
| Q3 25 | 22.0% | 14.7% | ||
| Q2 25 | 22.7% | 13.3% | ||
| Q1 25 | 17.5% | 11.2% | ||
| Q4 24 | 19.3% | 11.8% | ||
| Q3 24 | 21.1% | 13.3% | ||
| Q2 24 | 20.7% | 11.7% | ||
| Q1 24 | 16.3% | 10.3% |
净利率HUBBXYL
| Q4 25 | 14.6% | 14.0% | ||
| Q3 25 | 17.0% | 10.0% | ||
| Q2 25 | 16.5% | 9.8% | ||
| Q1 25 | 12.4% | 8.2% | ||
| Q4 24 | 14.8% | 14.5% | ||
| Q3 24 | 15.2% | 10.3% | ||
| Q2 24 | 14.7% | 8.9% | ||
| Q1 24 | 10.6% | 7.5% |
每股收益（稀释后）HUBBXYL
| Q4 25 | $4.06 | $1.37 | ||
| Q3 25 | $4.77 | $0.93 | ||
| Q2 25 | $4.56 | $0.93 | ||
| Q1 25 | $3.15 | $0.69 | ||
| Q4 24 | $3.65 | $1.33 | ||
| Q3 24 | $4.05 | $0.89 | ||
| Q2 24 | $3.94 | $0.80 | ||
| Q1 24 | $2.73 | $0.63 |
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 | $1.5B |
| 总债务越低越好 | — | $2.0B |
| 股东权益账面价值 | $3.8B | $11.5B |
| 总资产 | $8.2B | $17.6B |
| 负债/权益比越低杠杆越低 | — | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资HUBBXYL
| Q4 25 | $497.9M | $1.5B | ||
| Q3 25 | $680.9M | $1.2B | ||
| Q2 25 | $399.6M | $1.2B | ||
| Q1 25 | $360.3M | $1.1B | ||
| Q4 24 | $345.0M | $1.1B | ||
| Q3 24 | $445.6M | $989.0M | ||
| Q2 24 | $406.5M | $815.0M | ||
| Q1 24 | $400.3M | $947.0M |
总债务HUBBXYL
| 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 | $2.0B | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
股东权益HUBBXYL
| Q4 25 | $3.8B | $11.5B | ||
| Q3 25 | $3.7B | $11.2B | ||
| Q2 25 | $3.5B | $11.1B | ||
| Q1 25 | $3.3B | $10.8B | ||
| Q4 24 | $3.3B | $10.6B | ||
| Q3 24 | $3.2B | $10.6B | ||
| Q2 24 | $3.1B | $10.3B | ||
| Q1 24 | $2.9B | $10.2B |
总资产HUBBXYL
| Q4 25 | $8.2B | $17.6B | ||
| Q3 25 | $7.5B | $17.3B | ||
| Q2 25 | $7.1B | $17.2B | ||
| Q1 25 | $6.9B | $16.6B | ||
| Q4 24 | $6.7B | $16.5B | ||
| Q3 24 | $6.9B | $16.0B | ||
| Q2 24 | $6.9B | $15.8B | ||
| Q1 24 | $6.9B | $15.9B |
负债/权益比HUBBXYL
| Q4 25 | — | 0.17× | ||
| Q3 25 | 0.39× | 0.18× | ||
| Q2 25 | 0.41× | 0.18× | ||
| Q1 25 | 0.44× | 0.19× | ||
| Q4 24 | 0.44× | 0.19× | ||
| 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 | $543.0M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $460.0M |
| 自由现金流率自由现金流/营收 | 26.0% | 19.2% |
| 资本支出强度资本支出/营收 | 3.9% | 3.5% |
| 现金转化率经营现金流/净利润 | 2.06× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $874.7M | $910.0M |
8季度趋势，按日历期对齐
经营现金流HUBBXYL
| Q4 25 | $447.5M | $543.0M | ||
| Q3 25 | $284.3M | $360.0M | ||
| Q2 25 | $260.6M | $305.0M | ||
| Q1 25 | $37.4M | $33.0M | ||
| Q4 24 | $432.4M | $575.0M | ||
| Q3 24 | $227.0M | $311.0M | ||
| Q2 24 | $239.6M | $288.0M | ||
| Q1 24 | $92.2M | $89.0M |
自由现金流HUBBXYL
| Q4 25 | $388.8M | $460.0M | ||
| Q3 25 | $253.8M | $281.0M | ||
| Q2 25 | $220.7M | $207.0M | ||
| Q1 25 | $11.4M | $-38.0M | ||
| Q4 24 | $364.4M | $475.0M | ||
| Q3 24 | $188.8M | $237.0M | ||
| Q2 24 | $205.7M | $215.0M | ||
| Q1 24 | $51.9M | $15.0M |
自由现金流率HUBBXYL
| Q4 25 | 26.0% | 19.2% | ||
| Q3 25 | 16.9% | 12.4% | ||
| Q2 25 | 14.9% | 9.0% | ||
| Q1 25 | 0.8% | -1.8% | ||
| Q4 24 | 27.3% | 21.1% | ||
| Q3 24 | 13.1% | 11.3% | ||
| Q2 24 | 14.2% | 9.9% | ||
| Q1 24 | 3.7% | 0.7% |
资本支出强度HUBBXYL
| Q4 25 | 3.9% | 3.5% | ||
| Q3 25 | 2.0% | 3.5% | ||
| Q2 25 | 2.7% | 4.3% | ||
| Q1 25 | 1.9% | 3.4% | ||
| Q4 24 | 5.1% | 4.4% | ||
| Q3 24 | 2.6% | 3.5% | ||
| Q2 24 | 2.3% | 3.4% | ||
| Q1 24 | 2.9% | 3.6% |
现金转化率HUBBXYL
| Q4 25 | 2.06× | 1.62× | ||
| Q3 25 | 1.11× | 1.59× | ||
| Q2 25 | 1.07× | 1.35× | ||
| Q1 25 | 0.22× | 0.20× | ||
| Q4 24 | 2.19× | 1.76× | ||
| Q3 24 | 1.03× | 1.43× | ||
| Q2 24 | 1.12× | 1.48× | ||
| Q1 24 | 0.62× | 0.58× |
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% |
XYL
| Products | $2.0B | 83% |
| Services | $412.0M | 17% |
