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加拿大帝国石油（IMO）与高通（QCOM）财务数据对比。点击上方公司名可切换其他公司
高通的季度营收约是加拿大帝国石油的1.5倍（$12.3B vs $8.2B），高通净利率更高（24.5% vs 4.4%，领先20.2%），高通同比增速更快（5.0% vs -10.5%），高通自由现金流更多（$4.4B vs $938.8M），过去两年高通的营收复合增速更高（14.2% vs -4.2%）
加拿大帝国石油是加拿大第二大综合石油企业，美国石油巨头埃克森美孚持有其69.6%的多数股权。公司主营原油、稀释沥青、天然气生产，同时是加拿大主要炼油商和石化产品生产商，为埃索品牌加油站供货。
高通是总部位于美国加利福尼亚州圣迭戈、在特拉华州注册的跨国企业，主营无线技术相关的半导体、软件及服务业务，持有5G、4G、CDMA2000、TD-SCDMA、WCDMA等移动通信标准的核心专利，是全球无线通信领域的核心供应商。
IMO vs QCOM — 直观对比
营收规模更大
QCOM
是对方的1.5倍
$8.2B
营收增速更快
QCOM
高出15.5%
-10.5%
净利率更高
QCOM
高出20.2%
4.4%
自由现金流更多
QCOM
多$3.5B
$938.8M
两年增速更快
QCOM
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $8.2B | $12.3B |
| 净利润 | $359.2M | $3.0B |
| 毛利率 | — | 54.6% |
| 营业利润率 | 5.6% | 27.5% |
| 净利率 | 4.4% | 24.5% |
| 营收同比 | -10.5% | 5.0% |
| 净利润同比 | -59.8% | -5.5% |
| 每股收益（稀释后） | — | $2.78 |
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IMOQCOM
| Q4 25 | $8.2B | $12.3B | ||
| Q3 25 | $8.8B | $11.3B | ||
| Q2 25 | $8.2B | $10.4B | ||
| Q1 25 | $9.1B | $11.0B | ||
| Q4 24 | $9.2B | $11.7B | ||
| Q3 24 | $9.7B | $10.2B | ||
| Q2 24 | $9.8B | $9.4B | ||
| Q1 24 | $9.0B | $9.4B |
净利润IMOQCOM
| Q4 25 | $359.2M | $3.0B | ||
| Q3 25 | $393.5M | $-3.1B | ||
| Q2 25 | $692.8M | $2.7B | ||
| Q1 25 | $940.2M | $2.8B | ||
| Q4 24 | $894.3M | $3.2B | ||
| Q3 24 | $903.0M | $2.9B | ||
| Q2 24 | $827.1M | $2.1B | ||
| Q1 24 | $872.4M | $2.3B |
毛利率IMOQCOM
| Q4 25 | — | 54.6% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 55.6% | ||
| Q1 25 | — | 55.0% | ||
| Q4 24 | — | 55.8% | ||
| Q3 24 | — | 56.4% | ||
| Q2 24 | — | 55.6% | ||
| Q1 24 | — | 56.3% |
营业利润率IMOQCOM
| Q4 25 | 5.6% | 27.5% | ||
| Q3 25 | 5.8% | 25.9% | ||
| Q2 25 | 11.1% | 26.6% | ||
| Q1 25 | 13.5% | 28.4% | ||
| Q4 24 | 12.5% | 30.5% | ||
| Q3 24 | 12.1% | 25.2% | ||
| Q2 24 | 11.1% | 23.6% | ||
| Q1 24 | 12.8% | 24.9% |
净利率IMOQCOM
| Q4 25 | 4.4% | 24.5% | ||
| Q3 25 | 4.5% | -27.7% | ||
| Q2 25 | 8.4% | 25.7% | ||
| Q1 25 | 10.3% | 25.6% | ||
| Q4 24 | 9.7% | 27.3% | ||
| Q3 24 | 9.3% | 28.5% | ||
| Q2 24 | 8.5% | 22.7% | ||
| Q1 24 | 9.7% | 24.8% |
每股收益（稀释后）IMOQCOM
| Q4 25 | — | $2.78 | ||
| Q3 25 | — | $-2.77 | ||
| Q2 25 | — | $2.43 | ||
| Q1 25 | — | $2.52 | ||
| Q4 24 | — | $2.83 | ||
| Q3 24 | — | $2.57 | ||
| Q2 24 | — | $1.88 | ||
| Q1 24 | — | $2.06 |
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 | $833.7M | $11.8B |
| 总债务越低越好 | $2.9B | $14.8B |
| 股东权益账面价值 | $16.2B | $23.1B |
| 总资产 | $30.9B | $53.0B |
| 负债/权益比越低杠杆越低 | 0.18× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资IMOQCOM
| Q4 25 | $833.7M | $11.8B | ||
| Q3 25 | $1.4B | $10.2B | ||
| Q2 25 | $1.7B | $10.0B | ||
| Q1 25 | $1.3B | $13.8B | ||
| Q4 24 | $714.7M | $14.3B | ||
| Q3 24 | $1.1B | $13.3B | ||
| Q2 24 | $1.5B | $13.0B | ||
| Q1 24 | $858.5M | $13.9B |
总债务IMOQCOM
| Q4 25 | $2.9B | $14.8B | ||
| Q3 25 | $2.9B | $14.8B | ||
| Q2 25 | $2.9B | $14.8B | ||
| Q1 25 | $2.9B | $13.3B | ||
| Q4 24 | $2.9B | $13.2B | ||
| Q3 24 | $2.9B | $13.3B | ||
| Q2 24 | $2.9B | $13.2B | ||
| Q1 24 | $2.9B | $14.5B |
股东权益IMOQCOM
| Q4 25 | $16.2B | $23.1B | ||
| Q3 25 | $17.3B | $21.2B | ||
| Q2 25 | $18.2B | $27.2B | ||
| Q1 25 | $17.8B | $27.7B | ||
| Q4 24 | $17.1B | $26.9B | ||
| Q3 24 | $17.3B | $26.3B | ||
| Q2 24 | $17.5B | $24.7B | ||
| Q1 24 | $16.9B | $24.5B |
总资产IMOQCOM
| Q4 25 | $30.9B | $53.0B | ||
| Q3 25 | $31.4B | $50.1B | ||
| Q2 25 | $32.2B | $54.9B | ||
| Q1 25 | $32.0B | $55.4B | ||
| Q4 24 | $31.3B | $55.6B | ||
| Q3 24 | $31.0B | $55.2B | ||
| Q2 24 | $32.2B | $52.7B | ||
| Q1 24 | $31.0B | $53.2B |
负债/权益比IMOQCOM
| Q4 25 | 0.18× | 0.64× | ||
| Q3 25 | 0.17× | 0.70× | ||
| Q2 25 | 0.16× | 0.54× | ||
| Q1 25 | 0.16× | 0.48× | ||
| Q4 24 | 0.17× | 0.49× | ||
| Q3 24 | 0.17× | 0.51× | ||
| Q2 24 | 0.17× | 0.53× | ||
| Q1 24 | 0.17× | 0.59× |
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 | $1.4B | $5.0B |
| 自由现金流经营现金流 - 资本支出 | $938.8M | $4.4B |
| 自由现金流率自由现金流/营收 | 11.4% | 36.0% |
| 资本支出强度资本支出/营收 | 5.6% | 4.5% |
| 现金转化率经营现金流/净利润 | 3.90× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $3.4B | $12.9B |
8季度趋势，按日历期对齐
经营现金流IMOQCOM
| Q4 25 | $1.4B | $5.0B | ||
| Q3 25 | $1.3B | $4.0B | ||
| Q2 25 | $1.1B | $2.9B | ||
| Q1 25 | $1.1B | $2.6B | ||
| Q4 24 | $1.3B | $4.6B | ||
| Q3 24 | $1.1B | $2.6B | ||
| Q2 24 | $1.2B | $3.1B | ||
| Q1 24 | $785.5M | $3.6B |
自由现金流IMOQCOM
| Q4 25 | $938.8M | $4.4B | ||
| Q3 25 | $944.6M | $3.6B | ||
| Q2 25 | $725.6M | $2.6B | ||
| Q1 25 | $824.2M | $2.3B | ||
| Q4 24 | $997.2M | $4.3B | ||
| Q3 24 | $730.7M | $2.4B | ||
| Q2 24 | $852.6M | $2.7B | ||
| Q1 24 | $422.7M | $3.4B |
自由现金流率IMOQCOM
| Q4 25 | 11.4% | 36.0% | ||
| Q3 25 | 10.7% | 31.8% | ||
| Q2 25 | 8.8% | 24.9% | ||
| Q1 25 | 9.0% | 21.3% | ||
| Q4 24 | 10.8% | 36.9% | ||
| Q3 24 | 7.5% | 23.3% | ||
| Q2 24 | 8.7% | 28.4% | ||
| Q1 24 | 4.7% | 35.9% |
资本支出强度IMOQCOM
| Q4 25 | 5.6% | 4.5% | ||
| Q3 25 | 4.2% | 3.6% | ||
| Q2 25 | 4.2% | 2.8% | ||
| Q1 25 | 3.2% | 1.9% | ||
| Q4 24 | 3.4% | 2.4% | ||
| Q3 24 | 3.7% | 2.5% | ||
| Q2 24 | 3.4% | 4.1% | ||
| Q1 24 | 4.0% | 2.0% |
现金转化率IMOQCOM
| Q4 25 | 3.90× | 1.65× | ||
| Q3 25 | 3.34× | — | ||
| Q2 25 | 1.54× | 1.08× | ||
| Q1 25 | 1.19× | 0.91× | ||
| Q4 24 | 1.46× | 1.44× | ||
| Q3 24 | 1.20× | 0.91× | ||
| Q2 24 | 1.44× | 1.43× | ||
| Q1 24 | 0.90× | 1.53× |
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
IMO
暂无分部数据
QCOM
| Handsets | $7.8B | 64% |
| Io T | $1.7B | 14% |
| Qtl | $1.6B | 13% |
| Automotive | $1.1B | 9% |
