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洲际交易所（ICE）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
史丹利百得的季度营收约是洲际交易所的1.2倍（$3.8B vs $3.1B），洲际交易所净利率更高（27.1% vs 1.4%，领先25.7%），洲际交易所同比增速更快（3.7% vs 0.1%），洲际交易所自由现金流更多（$1.1B vs $155.3M），过去两年洲际交易所的营收复合增速更高（5.9% vs 0.3%）
洲际交易所（ICE）是2000年成立的美国跨国金融服务企业，运营全球金融交易所与清算所，提供抵押技术、数据及上市服务，位列财富500强、标普500及罗素1000指数成分股，旗下拥有金融及大宗商品市场交易所，运营12家受监管的交易场所，业务覆盖美加欧等多地期货市场。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
ICE vs SWK — 直观对比
营收规模更大
SWK
是对方的1.2倍
$3.1B
营收增速更快
ICE
高出3.6%
0.1%
净利率更高
ICE
高出25.7%
1.4%
自由现金流更多
ICE
多$953.7M
$155.3M
两年增速更快
ICE
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.8B |
| 净利润 | $851.0M | $51.4M |
| 毛利率 | — | 31.4% |
| 营业利润率 | 39.4% | — |
| 净利率 | 27.1% | 1.4% |
| 营收同比 | 3.7% | 0.1% |
| 净利润同比 | 21.9% | -43.6% |
| 每股收益（稀释后） | $1.49 | $0.34 |
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ICESWK
| Q4 25 | $3.1B | — | ||
| Q3 25 | $3.0B | $3.8B | ||
| Q2 25 | $3.3B | $3.9B | ||
| Q1 25 | $3.2B | $3.7B | ||
| Q4 24 | $3.0B | $3.7B | ||
| Q3 24 | $3.0B | $3.8B | ||
| Q2 24 | $2.9B | $4.0B | ||
| Q1 24 | $2.8B | $3.9B |
净利润ICESWK
| Q4 25 | $851.0M | — | ||
| Q3 25 | $816.0M | $51.4M | ||
| Q2 25 | $851.0M | $101.9M | ||
| Q1 25 | $797.0M | $90.4M | ||
| Q4 24 | $698.0M | $194.9M | ||
| Q3 24 | $657.0M | $91.1M | ||
| Q2 24 | $632.0M | $-11.2M | ||
| Q1 24 | $767.0M | $19.5M |
毛利率ICESWK
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.0% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 30.8% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 28.6% |
营业利润率ICESWK
| Q4 25 | 39.4% | — | ||
| Q3 25 | 39.0% | — | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 37.8% | — | ||
| Q4 24 | 35.5% | 3.4% | ||
| Q3 24 | 36.4% | 10.6% | ||
| Q2 24 | 36.8% | 9.5% | ||
| Q1 24 | 38.0% | 8.3% |
净利率ICESWK
| Q4 25 | 27.1% | — | ||
| Q3 25 | 27.1% | 1.4% | ||
| Q2 25 | 26.1% | 2.6% | ||
| Q1 25 | 24.7% | 2.4% | ||
| Q4 24 | 23.0% | 5.2% | ||
| Q3 24 | 21.7% | 2.4% | ||
| Q2 24 | 21.8% | -0.3% | ||
| Q1 24 | 27.4% | 0.5% |
每股收益（稀释后）ICESWK
| Q4 25 | $1.49 | — | ||
| Q3 25 | $1.42 | $0.34 | ||
| Q2 25 | $1.48 | $0.67 | ||
| Q1 25 | $1.38 | $0.60 | ||
| Q4 24 | $1.21 | $1.29 | ||
| Q3 24 | $1.14 | $0.60 | ||
| Q2 24 | $1.10 | $-0.07 | ||
| Q1 24 | $1.33 | $0.13 |
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 | $837.0M | $268.3M |
| 总债务越低越好 | — | $5.3B |
| 股东权益账面价值 | $28.9B | $9.0B |
| 总资产 | $136.9B | $21.8B |
| 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ICESWK
| Q4 25 | $837.0M | — | ||
| Q3 25 | $850.0M | $268.3M | ||
| Q2 25 | $1.0B | $311.8M | ||
| Q1 25 | $783.0M | $344.8M | ||
| Q4 24 | $844.0M | $290.5M | ||
| Q3 24 | $755.0M | $298.7M | ||
| Q2 24 | $885.0M | $318.5M | ||
| Q1 24 | $863.0M | $476.6M |
总债务ICESWK
| Q4 25 | — | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.1B |
股东权益ICESWK
| Q4 25 | $28.9B | — | ||
| Q3 25 | $28.6B | $9.0B | ||
| Q2 25 | $28.4B | $9.1B | ||
| Q1 25 | $28.0B | $8.8B | ||
| Q4 24 | $27.6B | $8.7B | ||
| Q3 24 | $27.2B | $8.9B | ||
| Q2 24 | $26.7B | $8.7B | ||
| Q1 24 | $26.2B | $8.9B |
总资产ICESWK
| Q4 25 | $136.9B | — | ||
| Q3 25 | $140.9B | $21.8B | ||
| Q2 25 | $144.2B | $22.5B | ||
| Q1 25 | $142.9B | $22.5B | ||
| Q4 24 | $139.4B | $21.8B | ||
| Q3 24 | $135.2B | $22.5B | ||
| Q2 24 | $137.7B | $22.5B | ||
| Q1 24 | $131.4B | $23.9B |
负债/权益比ICESWK
| Q4 25 | — | — | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.69× |
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 | $1.3B | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $155.3M |
| 自由现金流率自由现金流/营收 | 35.3% | 4.1% |
| 资本支出强度资本支出/营收 | 5.3% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.50× | 4.30× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $369.6M |
8季度趋势，按日历期对齐
经营现金流ICESWK
| Q4 25 | $1.3B | — | ||
| Q3 25 | $915.0M | $221.2M | ||
| Q2 25 | $1.5B | $214.3M | ||
| Q1 25 | $966.0M | $-420.0M | ||
| Q4 24 | $1.5B | $679.1M | ||
| Q3 24 | $898.0M | $285.8M | ||
| Q2 24 | $1.2B | $573.0M | ||
| Q1 24 | $1.0B | $-431.0M |
自由现金流ICESWK
| Q4 25 | $1.1B | — | ||
| Q3 25 | $853.0M | $155.3M | ||
| Q2 25 | $1.4B | $134.7M | ||
| Q1 25 | $881.0M | $-485.0M | ||
| Q4 24 | $1.3B | $564.6M | ||
| Q3 24 | $819.0M | $199.3M | ||
| Q2 24 | $1.1B | $485.8M | ||
| Q1 24 | $951.0M | $-496.7M |
自由现金流率ICESWK
| Q4 25 | 35.3% | — | ||
| Q3 25 | 28.4% | 4.1% | ||
| Q2 25 | 44.3% | 3.4% | ||
| Q1 25 | 27.3% | -13.0% | ||
| Q4 24 | 43.3% | 15.2% | ||
| Q3 24 | 27.0% | 5.3% | ||
| Q2 24 | 38.7% | 12.1% | ||
| Q1 24 | 34.0% | -12.8% |
资本支出强度ICESWK
| Q4 25 | 5.3% | — | ||
| Q3 25 | 2.1% | 1.8% | ||
| Q2 25 | 1.8% | 2.0% | ||
| Q1 25 | 2.6% | 1.7% | ||
| Q4 24 | 6.4% | 3.1% | ||
| Q3 24 | 2.6% | 2.3% | ||
| Q2 24 | 2.6% | 2.2% | ||
| Q1 24 | 2.1% | 1.7% |
现金转化率ICESWK
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.12× | 4.30× | ||
| Q2 25 | 1.77× | 2.10× | ||
| Q1 25 | 1.21× | -4.65× | ||
| Q4 24 | 2.16× | 3.48× | ||
| Q3 24 | 1.37× | 3.14× | ||
| Q2 24 | 1.89× | — | ||
| Q1 24 | 1.32× | -22.10× |
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
ICE
| Other | $1.9B | 60% |
| Fixed Income Data And Analytics | $318.0M | 10% |
| Exchange Data | $266.0M | 8% |
| Origination Technology | $188.0M | 6% |
| Financial Futures And Options | $155.0M | 5% |
| Listings | $125.0M | 4% |
| OT Cand Other Transactions | $97.0M | 3% |
| Closing Solutions | $60.0M | 2% |
| Fixed Income Execution | $29.0M | 1% |
| Product And Service Net Interest Income | $26.0M | 1% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
