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英格拉姆微（INGM）与耐克（NKE）财务数据对比。点击上方公司名可切换其他公司
英格拉姆微的季度营收约是耐克的1.2倍（$14.9B vs $12.4B），耐克净利率更高（6.4% vs 0.8%，领先5.6%），英格拉姆微自由现金流更多（$1.5B vs $386.0M）
英格拉姆微控股是全球知名的信息技术产品及服务分销商，总部位于美国加利福尼亚州欧文市，业务覆盖全球各地。公司前身为1979年在加州成立的Micro D, Inc，最初是传统分销商，主营向经销商推广、销售及交付厂商产品，目前正向聚焦数字体验的平台化业务方向转型。
耐克（Nike, Inc.）是源自美国的全球知名运动企业，主要从事运动鞋、运动服饰及专业运动装备的设计、生产与销售，产品覆盖跑步、篮球、健身等众多运动及日常休闲场景，在全球市场拥有极高品牌认可度与庞大用户群体。
INGM vs NKE — 直观对比
营收规模更大
INGM
是对方的1.2倍
$12.4B
净利率更高
NKE
高出5.6%
0.8%
自由现金流更多
INGM
多$1.1B
$386.0M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $14.9B | $12.4B |
| 净利润 | $121.4M | $792.0M |
| 毛利率 | 6.5% | 40.6% |
| 营业利润率 | 2.1% | — |
| 净利率 | 0.8% | 6.4% |
| 营收同比 | — | 0.6% |
| 净利润同比 | — | -31.9% |
| 每股收益（稀释后） | $0.52 | $0.53 |
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INGMNKE
| Q4 25 | $14.9B | $12.4B | ||
| Q3 25 | $12.6B | $11.7B | ||
| Q2 25 | $12.8B | $11.1B | ||
| Q1 25 | $12.3B | $11.3B | ||
| Q4 24 | — | $12.4B | ||
| Q3 24 | $11.8B | $11.6B | ||
| Q2 24 | $11.5B | $12.6B | ||
| Q1 24 | $11.3B | $12.4B |
净利润INGMNKE
| Q4 25 | $121.4M | $792.0M | ||
| Q3 25 | $99.5M | $727.0M | ||
| Q2 25 | $37.8M | $211.0M | ||
| Q1 25 | $69.2M | $794.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $77.0M | $1.1B | ||
| Q2 24 | $54.6M | $1.5B | ||
| Q1 24 | $49.6M | $1.2B |
毛利率INGMNKE
| Q4 25 | 6.5% | 40.6% | ||
| Q3 25 | 6.9% | 42.2% | ||
| Q2 25 | 6.6% | 40.3% | ||
| Q1 25 | 6.7% | 41.5% | ||
| Q4 24 | — | 43.6% | ||
| Q3 24 | 7.2% | 45.4% | ||
| Q2 24 | 7.2% | 44.7% | ||
| Q1 24 | 7.4% | 44.8% |
营业利润率INGMNKE
| Q4 25 | 2.1% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.1% | 2.9% | ||
| Q1 25 | 1.6% | 7.5% | ||
| Q4 24 | — | 11.5% | ||
| Q3 24 | 1.9% | 11.3% | ||
| Q2 24 | 1.6% | 13.7% | ||
| Q1 24 | 1.5% | 11.3% |
净利率INGMNKE
| Q4 25 | 0.8% | 6.4% | ||
| Q3 25 | 0.8% | 6.2% | ||
| Q2 25 | 0.3% | 1.9% | ||
| Q1 25 | 0.6% | 7.0% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | 0.7% | 9.1% | ||
| Q2 24 | 0.5% | 11.9% | ||
| Q1 24 | 0.4% | 9.4% |
每股收益（稀释后）INGMNKE
| Q4 25 | $0.52 | $0.53 | ||
| Q3 25 | $0.42 | $0.49 | ||
| Q2 25 | $0.16 | $0.14 | ||
| Q1 25 | $0.29 | $0.54 | ||
| Q4 24 | — | $0.78 | ||
| Q3 24 | $0.35 | $0.70 | ||
| Q2 24 | $0.25 | $0.99 | ||
| Q1 24 | $0.22 | $0.77 |
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 | $1.9B | $7.0B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $4.2B | $14.1B |
| 总资产 | $21.2B | $37.8B |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
现金及短期投资INGMNKE
| Q4 25 | $1.9B | $7.0B | ||
| Q3 25 | $802.6M | $7.0B | ||
| Q2 25 | $856.7M | $7.5B | ||
| Q1 25 | $881.6M | $8.6B | ||
| Q4 24 | — | $8.0B | ||
| Q3 24 | $849.5M | $8.5B | ||
| Q2 24 | — | $9.9B | ||
| Q1 24 | — | $9.0B |
总债务INGMNKE
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.7B | $8.0B | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $3.8B | — | ||
| Q2 24 | — | $8.9B | ||
| Q1 24 | — | — |
股东权益INGMNKE
| Q4 25 | $4.2B | $14.1B | ||
| Q3 25 | $4.1B | $13.5B | ||
| Q2 25 | $4.0B | $13.2B | ||
| Q1 25 | $3.9B | $14.0B | ||
| Q4 24 | — | $14.0B | ||
| Q3 24 | $3.6B | $13.9B | ||
| Q2 24 | $3.5B | $14.4B | ||
| Q1 24 | $3.5B | $14.2B |
总资产INGMNKE
| Q4 25 | $21.2B | $37.8B | ||
| Q3 25 | $19.2B | $37.3B | ||
| Q2 25 | $19.5B | $36.6B | ||
| Q1 25 | $18.6B | $37.8B | ||
| Q4 24 | — | $38.0B | ||
| Q3 24 | $18.6B | $37.9B | ||
| Q2 24 | — | $38.1B | ||
| Q1 24 | $17.6B | $37.4B |
负债/权益比INGMNKE
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.93× | — | ||
| Q2 25 | 0.92× | 0.60× | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | — | 0.62× | ||
| Q1 24 | — | — |
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 | $1.6B | $579.0M |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $386.0M |
| 自由现金流率自由现金流/营收 | 10.2% | 3.1% |
| 资本支出强度资本支出/营收 | 0.2% | 1.6% |
| 现金转化率经营现金流/净利润 | 12.85× | 0.73× |
| 过去12个月自由现金流最近4个季度 | $785.4M | $2.5B |
8季度趋势，按日历期对齐
经营现金流INGMNKE
| Q4 25 | $1.6B | $579.0M | ||
| Q3 25 | $-146.0M | $222.0M | ||
| Q2 25 | $-298.0M | $463.0M | ||
| Q1 25 | $-200.4M | $1.8B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $-277.0M | $394.0M | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | $-100.3M | $2.1B |
自由现金流INGMNKE
| Q4 25 | $1.5B | $386.0M | ||
| Q3 25 | $-175.0M | $15.0M | ||
| Q2 25 | $-333.2M | $363.0M | ||
| Q1 25 | $-230.2M | $1.7B | ||
| Q4 24 | — | $920.0M | ||
| Q3 24 | $-315.0M | $274.0M | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | $-135.8M | $1.9B |
自由现金流率INGMNKE
| Q4 25 | 10.2% | 3.1% | ||
| Q3 25 | -1.4% | 0.1% | ||
| Q2 25 | -2.6% | 3.3% | ||
| Q1 25 | -1.9% | 15.2% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | -2.7% | 2.4% | ||
| Q2 24 | — | 19.1% | ||
| Q1 24 | -1.2% | 15.4% |
资本支出强度INGMNKE
| Q4 25 | 0.2% | 1.6% | ||
| Q3 25 | 0.2% | 1.8% | ||
| Q2 25 | 0.3% | 0.9% | ||
| Q1 25 | 0.2% | 0.7% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | 0.3% | 1.0% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | 0.3% | 1.1% |
现金转化率INGMNKE
| Q4 25 | 12.85× | 0.73× | ||
| Q3 25 | -1.47× | 0.31× | ||
| Q2 25 | -7.88× | 2.19× | ||
| Q1 25 | -2.90× | 2.26× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | -3.60× | 0.37× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | -2.02× | 1.76× |
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
INGM
暂无分部数据
NKE
| Footwear | $7.7B | 62% |
| Apparel | $3.9B | 31% |
| Sporting Equipment | $550.0M | 4% |
| Converse Segment | $300.0M | 2% |
| Sales Channel Other | $9.0M | 0% |
