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哈贝尔（HUBB）与捷迈邦美（ZBH）财务数据对比。点击上方公司名可切换其他公司
捷迈邦美的季度营收约是哈贝尔的1.4倍（$2.1B vs $1.5B），哈贝尔净利率更高（14.6% vs 11.4%，领先3.2%），哈贝尔同比增速更快（11.9% vs 9.3%），哈贝尔自由现金流更多（$388.8M vs $245.9M），过去两年捷迈邦美的营收复合增速更高（3.7% 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。
捷迈邦美是一家美国上市的医疗设备企业，1927年成立，最初以生产铝制夹板为核心业务，总部设于印第安纳州华沙市，是当地医疗设备产业集群的核心成员，在全球骨科医疗器械领域拥有较高知名度。
HUBB vs ZBH — 直观对比
营收规模更大
ZBH
是对方的1.4倍
$1.5B
营收增速更快
HUBB
高出2.6%
9.3%
净利率更高
HUBB
高出3.2%
11.4%
自由现金流更多
HUBB
多$142.9M
$245.9M
两年增速更快
ZBH
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.1B |
| 净利润 | $217.7M | $238.3M |
| 毛利率 | 34.6% | 64.6% |
| 营业利润率 | 20.3% | 17.9% |
| 净利率 | 14.6% | 11.4% |
| 营收同比 | 11.9% | 9.3% |
| 净利润同比 | 10.5% | 30.5% |
| 每股收益（稀释后） | $4.06 | $1.22 |
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HUBBZBH
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.5B | $2.2B | ||
| Q3 25 | $1.5B | $2.0B | ||
| Q2 25 | $1.5B | $2.1B | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.3B | $2.0B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.5B | $1.9B |
净利润HUBBZBH
| Q1 26 | — | $238.3M | ||
| Q4 25 | $217.7M | $139.4M | ||
| Q3 25 | $255.5M | $230.9M | ||
| Q2 25 | $244.2M | $152.8M | ||
| Q1 25 | $169.7M | $182.0M | ||
| Q4 24 | $197.0M | $239.5M | ||
| Q3 24 | $219.4M | $249.1M | ||
| Q2 24 | $213.6M | $242.8M |
毛利率HUBBZBH
| Q1 26 | — | 64.6% | ||
| Q4 25 | 34.6% | 64.7% | ||
| Q3 25 | 36.2% | 72.1% | ||
| Q2 25 | 37.2% | 71.5% | ||
| Q1 25 | 33.1% | 71.2% | ||
| Q4 24 | 33.8% | 71.0% | ||
| Q3 24 | 34.5% | 70.5% | ||
| Q2 24 | 35.0% | 71.5% |
营业利润率HUBBZBH
| Q1 26 | — | 17.9% | ||
| Q4 25 | 20.3% | 6.9% | ||
| Q3 25 | 22.0% | 17.6% | ||
| Q2 25 | 22.7% | 14.4% | ||
| Q1 25 | 17.5% | 15.3% | ||
| Q4 24 | 19.3% | 19.2% | ||
| Q3 24 | 21.1% | 15.3% | ||
| Q2 24 | 20.7% | 18.1% |
净利率HUBBZBH
| Q1 26 | — | 11.4% | ||
| Q4 25 | 14.6% | 6.2% | ||
| Q3 25 | 17.0% | 11.5% | ||
| Q2 25 | 16.5% | 7.4% | ||
| Q1 25 | 12.4% | 9.5% | ||
| Q4 24 | 14.8% | 11.8% | ||
| Q3 24 | 15.2% | 13.7% | ||
| Q2 24 | 14.7% | 12.5% |
每股收益（稀释后）HUBBZBH
| Q1 26 | — | $1.22 | ||
| Q4 25 | $4.06 | $0.71 | ||
| Q3 25 | $4.77 | $1.16 | ||
| Q2 25 | $4.56 | $0.77 | ||
| Q1 25 | $3.15 | $0.91 | ||
| Q4 24 | $3.65 | $1.18 | ||
| Q3 24 | $4.05 | $1.23 | ||
| Q2 24 | $3.94 | $1.18 |
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 | $424.2M |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $3.8B | $12.7B |
| 总资产 | $8.2B | $22.7B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资HUBBZBH
| Q1 26 | — | $424.2M | ||
| Q4 25 | $497.9M | $591.9M | ||
| Q3 25 | $680.9M | $1.3B | ||
| Q2 25 | $399.6M | $556.9M | ||
| Q1 25 | $360.3M | $1.4B | ||
| Q4 24 | $345.0M | $525.5M | ||
| Q3 24 | $445.6M | $569.0M | ||
| Q2 24 | $406.5M | $420.1M |
总债务HUBBZBH
| Q1 26 | — | $7.5B | ||
| 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HUBBZBH
| Q1 26 | — | $12.7B | ||
| Q4 25 | $3.8B | $12.7B | ||
| Q3 25 | $3.7B | $12.8B | ||
| Q2 25 | $3.5B | $12.5B | ||
| Q1 25 | $3.3B | $12.4B | ||
| Q4 24 | $3.3B | $12.5B | ||
| Q3 24 | $3.2B | $12.4B | ||
| Q2 24 | $3.1B | $12.7B |
总资产HUBBZBH
| Q1 26 | — | $22.7B | ||
| Q4 25 | $8.2B | $23.1B | ||
| Q3 25 | $7.5B | $23.5B | ||
| Q2 25 | $7.1B | $22.9B | ||
| Q1 25 | $6.9B | $22.2B | ||
| Q4 24 | $6.7B | $21.4B | ||
| Q3 24 | $6.9B | $21.7B | ||
| Q2 24 | $6.9B | $21.5B |
负债/权益比HUBBZBH
| Q1 26 | — | 0.59× | ||
| 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 | $359.4M |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $245.9M |
| 自由现金流率自由现金流/营收 | 26.0% | 11.8% |
| 资本支出强度资本支出/营收 | 3.9% | — |
| 现金转化率经营现金流/净利润 | 2.06× | 1.51× |
| 过去12个月自由现金流最近4个季度 | $874.7M | $1.4B |
8季度趋势，按日历期对齐
经营现金流HUBBZBH
| Q1 26 | — | $359.4M | ||
| Q4 25 | $447.5M | $517.4M | ||
| Q3 25 | $284.3M | $418.7M | ||
| Q2 25 | $260.6M | $378.2M | ||
| Q1 25 | $37.4M | $382.8M | ||
| Q4 24 | $432.4M | $506.3M | ||
| Q3 24 | $227.0M | $395.7M | ||
| Q2 24 | $239.6M | $369.4M |
自由现金流HUBBZBH
| Q1 26 | — | $245.9M | ||
| Q4 25 | $388.8M | $442.6M | ||
| Q3 25 | $253.8M | $363.7M | ||
| Q2 25 | $220.7M | $328.1M | ||
| Q1 25 | $11.4M | $338.2M | ||
| Q4 24 | $364.4M | $454.8M | ||
| Q3 24 | $188.8M | $351.2M | ||
| Q2 24 | $205.7M | $316.7M |
自由现金流率HUBBZBH
| Q1 26 | — | 11.8% | ||
| Q4 25 | 26.0% | 19.7% | ||
| Q3 25 | 16.9% | 18.2% | ||
| Q2 25 | 14.9% | 15.8% | ||
| Q1 25 | 0.8% | 17.7% | ||
| Q4 24 | 27.3% | 22.5% | ||
| Q3 24 | 13.1% | 19.3% | ||
| Q2 24 | 14.2% | 16.3% |
资本支出强度HUBBZBH
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 3.3% | ||
| Q3 25 | 2.0% | 2.7% | ||
| Q2 25 | 2.7% | 2.4% | ||
| Q1 25 | 1.9% | 2.3% | ||
| Q4 24 | 5.1% | 2.5% | ||
| Q3 24 | 2.6% | 2.4% | ||
| Q2 24 | 2.3% | 2.7% |
现金转化率HUBBZBH
| Q1 26 | — | 1.51× | ||
| Q4 25 | 2.06× | 3.71× | ||
| Q3 25 | 1.11× | 1.81× | ||
| Q2 25 | 1.07× | 2.48× | ||
| Q1 25 | 0.22× | 2.10× | ||
| Q4 24 | 2.19× | 2.11× | ||
| Q3 24 | 1.03× | 1.59× | ||
| Q2 24 | 1.12× | 1.52× |
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% |
ZBH
暂无分部数据
