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ICON PLC（ICLR）与Constellation Brands（STZ）财务数据对比。点击上方公司名可切换其他公司
Constellation Brands的季度营收约是ICON PLC的1.1倍（$2.2B vs $2.0B），Constellation Brands净利率更高（22.6% vs 0.1%，领先22.5%），ICON PLC同比增速更快（0.6% vs -9.8%），Constellation Brands自由现金流更多（$370.9M vs $333.9M），过去两年Constellation Brands的营收复合增速更高（1.9% vs 0.6%）
ICON plc是总部位于爱尔兰的跨国医疗智能与临床研究服务机构，专注为全球医药健康领域客户提供专业研究及情报支持，截至2025年2月，已在全球55个国家布局业务，员工规模约4.19万人。
Constellation Brands, Inc.是总部位于美国纽约州罗切斯特的《财富》500强企业，主营啤酒、葡萄酒及烈酒的生产与营销，按销售额计算是美国最大的啤酒进口商，在全美主要啤酒供应商中市场份额位列第三。公司还通过与Canopy Growth合作在医用及娱乐大麻领域有大额投资，现有约40处设施、近9000名员工。
ICLR vs STZ — 直观对比
营收规模更大
STZ
是对方的1.1倍
$2.0B
营收增速更快
ICLR
高出10.4%
-9.8%
净利率更高
STZ
高出22.5%
0.1%
自由现金流更多
STZ
多$37.0M
$333.9M
两年增速更快
STZ
近两年复合增速
0.6%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.2B |
| 净利润 | $2.4M | $502.8M |
| 毛利率 | — | 53.2% |
| 营业利润率 | 4.2% | 31.1% |
| 净利率 | 0.1% | 22.6% |
| 营收同比 | 0.6% | -9.8% |
| 净利润同比 | -98.8% | -18.4% |
| 每股收益（稀释后） | $0.03 | — |
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ICLRSTZ
| Q4 25 | — | $2.2B | ||
| Q3 25 | $2.0B | $2.5B | ||
| Q2 25 | $2.0B | $2.5B | ||
| Q1 25 | $2.0B | $2.2B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $2.0B | $2.9B | ||
| Q2 24 | $2.1B | $2.7B | ||
| Q1 24 | $2.1B | $2.1B |
净利润ICLRSTZ
| Q4 25 | — | $502.8M | ||
| Q3 25 | $2.4M | $466.0M | ||
| Q2 25 | $183.0M | $516.1M | ||
| Q1 25 | $154.2M | $-375.3M | ||
| Q4 24 | — | $615.9M | ||
| Q3 24 | $197.1M | $-1.2B | ||
| Q2 24 | $146.9M | $877.0M | ||
| Q1 24 | $187.4M | $392.4M |
毛利率ICLRSTZ
| Q4 25 | — | 53.2% | ||
| Q3 25 | — | 52.8% | ||
| Q2 25 | — | 50.4% | ||
| Q1 25 | — | 51.5% | ||
| Q4 24 | — | 52.1% | ||
| Q3 24 | — | 51.8% | ||
| Q2 24 | — | 52.7% | ||
| Q1 24 | — | 48.6% |
营业利润率ICLRSTZ
| Q4 25 | — | 31.1% | ||
| Q3 25 | 4.2% | 35.2% | ||
| Q2 25 | 10.4% | 28.4% | ||
| Q1 25 | 11.0% | -6.9% | ||
| Q4 24 | — | 32.2% | ||
| Q3 24 | 14.1% | -42.1% | ||
| Q2 24 | 10.8% | 35.4% | ||
| Q1 24 | 13.7% | 29.4% |
净利率ICLRSTZ
| Q4 25 | — | 22.6% | ||
| Q3 25 | 0.1% | 18.8% | ||
| Q2 25 | 9.1% | 20.5% | ||
| Q1 25 | 7.7% | -17.3% | ||
| Q4 24 | — | 25.0% | ||
| Q3 24 | 9.7% | -41.1% | ||
| Q2 24 | 6.9% | 32.9% | ||
| Q1 24 | 9.0% | 18.3% |
每股收益（稀释后）ICLRSTZ
| Q4 25 | — | — | ||
| Q3 25 | $0.03 | — | ||
| Q2 25 | $2.30 | — | ||
| Q1 25 | $1.90 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.36 | — | ||
| Q2 24 | $1.76 | — | ||
| Q1 24 | $2.25 | — |
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 | $468.9M | $152.4M |
| 总债务越低越好 | — | $10.3B |
| 股东权益账面价值 | $9.3B | $7.7B |
| 总资产 | $16.5B | $21.7B |
| 负债/权益比越低杠杆越低 | — | 1.33× |
8季度趋势，按日历期对齐
现金及短期投资ICLRSTZ
| Q4 25 | — | $152.4M | ||
| Q3 25 | $468.9M | $72.0M | ||
| Q2 25 | $390.4M | $73.9M | ||
| Q1 25 | $526.7M | $68.1M | ||
| Q4 24 | — | $73.7M | ||
| Q3 24 | $695.5M | $64.6M | ||
| Q2 24 | $506.6M | $73.8M | ||
| Q1 24 | $396.1M | $152.4M |
总债务ICLRSTZ
| Q4 25 | — | $10.3B | ||
| Q3 25 | — | $10.3B | ||
| Q2 25 | — | $11.2B | ||
| Q1 25 | — | $10.7B | ||
| Q4 24 | — | $10.7B | ||
| Q3 24 | — | $11.1B | ||
| Q2 24 | — | $11.1B | ||
| Q1 24 | — | $11.6B |
股东权益ICLRSTZ
| Q4 25 | — | $7.7B | ||
| Q3 25 | $9.3B | $7.5B | ||
| Q2 25 | $9.6B | $7.3B | ||
| Q1 25 | $9.5B | $6.9B | ||
| Q4 24 | — | $7.8B | ||
| Q3 24 | $9.8B | $7.9B | ||
| Q2 24 | $9.6B | $10.3B | ||
| Q1 24 | $9.4B | $9.7B |
总资产ICLRSTZ
| Q4 25 | — | $21.7B | ||
| Q3 25 | $16.5B | $21.4B | ||
| Q2 25 | $16.6B | $22.3B | ||
| Q1 25 | $16.7B | $21.7B | ||
| Q4 24 | — | $22.8B | ||
| Q3 24 | $17.2B | $23.1B | ||
| Q2 24 | $17.0B | $26.1B | ||
| Q1 24 | $17.0B | $25.7B |
负债/权益比ICLRSTZ
| Q4 25 | — | 1.33× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.54× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.08× | ||
| Q1 24 | — | 1.19× |
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 | $387.6M | $616.9M |
| 自由现金流经营现金流 - 资本支出 | $333.9M | $370.9M |
| 自由现金流率自由现金流/营收 | 16.3% | 16.7% |
| 资本支出强度资本支出/营收 | 2.6% | 11.1% |
| 现金转化率经营现金流/净利润 | 164.59× | 1.23× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $1.8B |
8季度趋势，按日历期对齐
经营现金流ICLRSTZ
| Q4 25 | — | $616.9M | ||
| Q3 25 | $387.6M | $852.1M | ||
| Q2 25 | $146.2M | $637.2M | ||
| Q1 25 | $268.2M | $594.7M | ||
| Q4 24 | — | $685.2M | ||
| Q3 24 | $402.7M | $1.2B | ||
| Q2 24 | $218.6M | $690.5M | ||
| Q1 24 | $327.1M | $433.2M |
自由现金流ICLRSTZ
| Q4 25 | — | $370.9M | ||
| Q3 25 | $333.9M | $634.8M | ||
| Q2 25 | $113.9M | $444.4M | ||
| Q1 25 | $239.3M | $312.1M | ||
| Q4 24 | — | $456.8M | ||
| Q3 24 | $359.3M | $854.0M | ||
| Q2 24 | $182.3M | $315.2M | ||
| Q1 24 | $299.9M | $76.0M |
自由现金流率ICLRSTZ
| Q4 25 | — | 16.7% | ||
| Q3 25 | 16.3% | 25.6% | ||
| Q2 25 | 5.6% | 17.7% | ||
| Q1 25 | 12.0% | 14.4% | ||
| Q4 24 | — | 18.5% | ||
| Q3 24 | 17.7% | 29.3% | ||
| Q2 24 | 8.6% | 11.8% | ||
| Q1 24 | 14.3% | 3.6% |
资本支出强度ICLRSTZ
| Q4 25 | — | 11.1% | ||
| Q3 25 | 2.6% | 8.8% | ||
| Q2 25 | 1.6% | 7.7% | ||
| Q1 25 | 1.4% | 13.1% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 2.1% | 11.2% | ||
| Q2 24 | 1.7% | 14.1% | ||
| Q1 24 | 1.3% | 16.7% |
现金转化率ICLRSTZ
| Q4 25 | — | 1.23× | ||
| Q3 25 | 164.59× | 1.83× | ||
| Q2 25 | 0.80× | 1.23× | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | 2.04× | — | ||
| Q2 24 | 1.49× | 0.79× | ||
| Q1 24 | 1.74× | 1.10× |
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
ICLR
| Other Customers | $681.3M | 33% |
| Clients1125 | $549.4M | 27% |
| Clients15 | $503.3M | 25% |
| Clients610 | $308.8M | 15% |
STZ
| Beer | $2.0B | 90% |
| Constellation Wines And Spirits | $213.1M | 10% |
