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豪梅特航空航天（HWM）与金佰利（KMB）财务数据对比。点击上方公司名可切换其他公司
金佰利的季度营收约是豪梅特航空航天的1.9倍（$4.2B vs $2.2B），豪梅特航空航天净利率更高（17.2% vs 16.2%，领先0.9%），豪梅特航空航天同比增速更快（14.6% vs 2.7%），过去两年豪梅特航空航天的营收复合增速更高（9.0% vs -9.0%）
豪梅特航空航天是总部位于美国宾夕法尼亚州匹兹堡的航空航天企业，专业生产喷气发动机零部件、航空紧固件、航空用钛合金结构件，同时为重型卡车供应高性能锻造铝轮产品。
金佰利是源自美国的跨国消费品及个人护理集团，主打纸质类消费品，同时生产卫生用纸制品、外科及医疗器具。旗下拥有舒洁面巾纸、高洁丝女性护理产品、好奇纸尿裤及婴儿湿巾、Scott卫生纸等知名品牌，产品销往全球多个国家和地区。
HWM vs KMB — 直观对比
营收规模更大
KMB
是对方的1.9倍
$2.2B
营收增速更快
HWM
高出12.0%
2.7%
净利率更高
HWM
高出0.9%
16.2%
两年增速更快
HWM
近两年复合增速
-9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $4.2B |
| 净利润 | $372.0M | $675.0M |
| 毛利率 | — | 36.8% |
| 营业利润率 | 22.6% | 18.1% |
| 净利率 | 17.2% | 16.2% |
| 营收同比 | 14.6% | 2.7% |
| 净利润同比 | 18.5% | 17.8% |
| 每股收益（稀释后） | $0.92 | $2.00 |
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HWMKMB
| Q1 26 | — | $4.2B | ||
| Q4 25 | $2.2B | $3.3B | ||
| Q3 25 | $2.1B | $4.2B | ||
| Q2 25 | $2.1B | $4.2B | ||
| Q1 25 | $1.9B | $4.8B | ||
| Q4 24 | $1.9B | $4.9B | ||
| Q3 24 | $1.8B | $5.0B | ||
| Q2 24 | $1.9B | $5.0B |
净利润HWMKMB
| Q1 26 | — | $675.0M | ||
| Q4 25 | $372.0M | $499.0M | ||
| Q3 25 | $385.0M | $446.0M | ||
| Q2 25 | $407.0M | $509.0M | ||
| Q1 25 | $344.0M | $567.0M | ||
| Q4 24 | $314.0M | $447.0M | ||
| Q3 24 | $332.0M | $907.0M | ||
| Q2 24 | $266.0M | $544.0M |
毛利率HWMKMB
| Q1 26 | — | 36.8% | ||
| Q4 25 | — | 37.7% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 35.0% | ||
| Q1 25 | — | 35.8% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | — | 36.0% | ||
| Q2 24 | — | 36.0% |
营业利润率HWMKMB
| Q1 26 | — | 18.1% | ||
| Q4 25 | 22.6% | 11.2% | ||
| Q3 25 | 25.9% | 15.0% | ||
| Q2 25 | 25.4% | 14.2% | ||
| Q1 25 | 25.4% | 15.9% | ||
| Q4 24 | 23.5% | 11.1% | ||
| Q3 24 | 22.9% | 23.3% | ||
| Q2 24 | 21.2% | 13.0% |
净利率HWMKMB
| Q1 26 | — | 16.2% | ||
| Q4 25 | 17.2% | 15.1% | ||
| Q3 25 | 18.4% | 10.7% | ||
| Q2 25 | 19.8% | 12.2% | ||
| Q1 25 | 17.7% | 11.7% | ||
| Q4 24 | 16.6% | 9.1% | ||
| Q3 24 | 18.1% | 18.3% | ||
| Q2 24 | 14.1% | 10.8% |
每股收益（稀释后）HWMKMB
| Q1 26 | — | $2.00 | ||
| Q4 25 | $0.92 | $1.50 | ||
| Q3 25 | $0.95 | $1.34 | ||
| Q2 25 | $1.00 | $1.53 | ||
| Q1 25 | $0.84 | $1.70 | ||
| Q4 24 | $0.76 | $1.34 | ||
| Q3 24 | $0.81 | $2.69 | ||
| Q2 24 | $0.65 | $1.61 |
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 | $742.0M | $542.0K |
| 总债务越低越好 | $3.0B | $6.5M |
| 股东权益账面价值 | $5.4B | $1.9M |
| 总资产 | $11.2B | $17.2M |
| 负债/权益比越低杠杆越低 | 0.57× | 3.38× |
8季度趋势，按日历期对齐
现金及短期投资HWMKMB
| Q1 26 | — | $542.0K | ||
| Q4 25 | $742.0M | $688.0M | ||
| Q3 25 | $659.0M | $617.0M | ||
| Q2 25 | $545.0M | $634.0M | ||
| Q1 25 | $536.0M | $563.0M | ||
| Q4 24 | $564.0M | $1.0B | ||
| Q3 24 | $475.0M | $1.1B | ||
| Q2 24 | $752.0M | $1.2B |
总债务HWMKMB
| Q1 26 | — | $6.5M | ||
| Q4 25 | $3.0B | $6.5B | ||
| Q3 25 | $3.2B | $6.5B | ||
| Q2 25 | $3.3B | $6.5B | ||
| Q1 25 | $3.3B | $6.5B | ||
| Q4 24 | $3.3B | $6.9B | ||
| Q3 24 | $3.4B | $6.9B | ||
| Q2 24 | $3.7B | $7.2B |
股东权益HWMKMB
| Q1 26 | — | $1.9M | ||
| Q4 25 | $5.4B | $1.5B | ||
| Q3 25 | $5.1B | $1.3B | ||
| Q2 25 | $5.0B | $1.3B | ||
| Q1 25 | $4.8B | $1.1B | ||
| Q4 24 | $4.6B | $840.0M | ||
| Q3 24 | $4.5B | $1.3B | ||
| Q2 24 | $4.3B | $1.1B |
总资产HWMKMB
| Q1 26 | — | $17.2M | ||
| Q4 25 | $11.2B | $17.1B | ||
| Q3 25 | $11.2B | $16.9B | ||
| Q2 25 | $11.0B | $16.8B | ||
| Q1 25 | $10.8B | $16.3B | ||
| Q4 24 | $10.5B | $16.5B | ||
| Q3 24 | $10.6B | $17.2B | ||
| Q2 24 | $10.7B | $17.3B |
负债/权益比HWMKMB
| Q1 26 | — | 3.38× | ||
| Q4 25 | 0.57× | 4.31× | ||
| Q3 25 | 0.62× | 4.86× | ||
| Q2 25 | 0.65× | 5.09× | ||
| Q1 25 | 0.69× | 5.89× | ||
| Q4 24 | 0.73× | 8.18× | ||
| Q3 24 | 0.75× | 5.36× | ||
| Q2 24 | 0.86× | 6.30× |
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 | $654.0M | — |
| 自由现金流经营现金流 - 资本支出 | $530.0M | — |
| 自由现金流率自由现金流/营收 | 24.4% | — |
| 资本支出强度资本支出/营收 | 5.7% | — |
| 现金转化率经营现金流/净利润 | 1.76× | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | — |
8季度趋势，按日历期对齐
经营现金流HWMKMB
| Q1 26 | — | — | ||
| Q4 25 | $654.0M | $972.0M | ||
| Q3 25 | $531.0M | $708.0M | ||
| Q2 25 | $446.0M | $770.0M | ||
| Q1 25 | $253.0M | $327.0M | ||
| Q4 24 | $480.0M | $817.0M | ||
| Q3 24 | $244.0M | $958.0M | ||
| Q2 24 | $397.0M | $1.0B |
自由现金流HWMKMB
| Q1 26 | — | — | ||
| Q4 25 | $530.0M | $575.0M | ||
| Q3 25 | $423.0M | $368.0M | ||
| Q2 25 | $344.0M | $573.0M | ||
| Q1 25 | $134.0M | $123.0M | ||
| Q4 24 | $378.0M | $608.0M | ||
| Q3 24 | $162.0M | $798.0M | ||
| Q2 24 | $342.0M | $863.0M |
自由现金流率HWMKMB
| Q1 26 | — | — | ||
| Q4 25 | 24.4% | 17.5% | ||
| Q3 25 | 20.2% | 8.9% | ||
| Q2 25 | 16.8% | 13.8% | ||
| Q1 25 | 6.9% | 2.5% | ||
| Q4 24 | 20.0% | 12.3% | ||
| Q3 24 | 8.8% | 16.1% | ||
| Q2 24 | 18.2% | 17.2% |
资本支出强度HWMKMB
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 12.1% | ||
| Q3 25 | 5.2% | 8.2% | ||
| Q2 25 | 5.0% | 4.7% | ||
| Q1 25 | 6.1% | 4.2% | ||
| Q4 24 | 5.4% | 4.2% | ||
| Q3 24 | 4.5% | 3.2% | ||
| Q2 24 | 2.9% | 3.1% |
现金转化率HWMKMB
| Q1 26 | — | — | ||
| Q4 25 | 1.76× | 1.95× | ||
| Q3 25 | 1.38× | 1.59× | ||
| Q2 25 | 1.10× | 1.51× | ||
| Q1 25 | 0.74× | 0.58× | ||
| Q4 24 | 1.53× | 1.83× | ||
| Q3 24 | 0.73× | 1.06× | ||
| Q2 24 | 1.49× | 1.88× |
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
HWM
| Engine Products Segment | $1.2B | 54% |
| Fastening Systems | $454.0M | 21% |
| Forged Wheels | $264.0M | 12% |
| Aerospace Defense | $236.0M | 11% |
| Commercial Transportation | $46.0M | 2% |
KMB
| NA | $2.7B | 64% |
| IPC | $1.5B | 36% |
