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国际纸业（IP）与恩智浦（NXPI）财务数据对比。点击上方公司名可切换其他公司
国际纸业的季度营收约是恩智浦的1.5倍（$4.7B vs $3.2B），恩智浦净利率更高（35.3% vs -50.3%，领先85.5%），国际纸业同比增速更快（3.6% vs -5.0%），恩智浦自由现金流更多（$714.0M vs $255.0M），过去两年国际纸业的营收复合增速更高（1.3% vs 0.9%）
国际纸业是总部位于美国田纳西州孟菲斯的纸浆及造纸企业，为全球规模最大的同类型企业，目前拥有约3.9万名员工，产品覆盖纸浆、包装用纸、办公用纸等品类，业务遍及全球多个国家和地区，广泛服务各行业客户的相关需求。
恩智浦是总部位于荷兰埃因霍温的半导体设计与制造企业，为2024年市值排名欧洲第三的半导体公司。目前集团在全球30多个国家拥有约3.4万名员工，2024年总营收达126.1亿美元。
IP vs NXPI — 直观对比
营收规模更大
IP
是对方的1.5倍
$3.2B
营收增速更快
IP
高出8.6%
-5.0%
净利率更高
NXPI
高出85.5%
-50.3%
自由现金流更多
NXPI
多$459.0M
$255.0M
两年增速更快
IP
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $3.2B |
| 净利润 | $-2.4B | $1.1B |
| 毛利率 | 32.2% | 59.5% |
| 营业利润率 | -56.4% | — |
| 净利率 | -50.3% | 35.3% |
| 营收同比 | 3.6% | -5.0% |
| 净利润同比 | -1521.8% | 147.0% |
| 每股收益（稀释后） | $-4.76 | $4.43 |
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IPNXPI
| Q1 26 | — | $3.2B | ||
| Q4 25 | $4.7B | $3.3B | ||
| Q3 25 | $6.2B | $3.2B | ||
| Q2 25 | $6.8B | $2.9B | ||
| Q1 25 | $5.9B | $2.8B | ||
| Q4 24 | $4.6B | $3.1B | ||
| Q3 24 | $4.7B | $3.3B | ||
| Q2 24 | $4.7B | $3.1B |
净利润IPNXPI
| Q1 26 | — | $1.1B | ||
| Q4 25 | $-2.4B | $455.0M | ||
| Q3 25 | $-1.1B | $631.0M | ||
| Q2 25 | $75.0M | $445.0M | ||
| Q1 25 | $-105.0M | $490.0M | ||
| Q4 24 | $-147.0M | $495.0M | ||
| Q3 24 | $150.0M | $718.0M | ||
| Q2 24 | $498.0M | $658.0M |
毛利率IPNXPI
| Q1 26 | — | 59.5% | ||
| Q4 25 | 32.2% | 54.2% | ||
| Q3 25 | 31.1% | 56.3% | ||
| Q2 25 | 27.9% | 53.4% | ||
| Q1 25 | 27.8% | 55.0% | ||
| Q4 24 | 29.0% | 53.9% | ||
| Q3 24 | 28.7% | 57.4% | ||
| Q2 24 | 29.0% | 57.3% |
营业利润率IPNXPI
| Q1 26 | — | — | ||
| Q4 25 | -56.4% | 22.3% | ||
| Q3 25 | -10.8% | 28.1% | ||
| Q2 25 | 1.7% | 23.5% | ||
| Q1 25 | -2.3% | 25.5% | ||
| Q4 24 | -4.9% | 21.7% | ||
| Q3 24 | 5.1% | 30.5% | ||
| Q2 24 | 6.8% | 28.7% |
净利率IPNXPI
| Q1 26 | — | 35.3% | ||
| Q4 25 | -50.3% | 13.6% | ||
| Q3 25 | -17.7% | 19.9% | ||
| Q2 25 | 1.1% | 15.2% | ||
| Q1 25 | -1.8% | 17.3% | ||
| Q4 24 | -3.2% | 15.9% | ||
| Q3 24 | 3.2% | 22.1% | ||
| Q2 24 | 10.5% | 21.0% |
每股收益（稀释后）IPNXPI
| Q1 26 | — | $4.43 | ||
| Q4 25 | $-4.76 | $1.80 | ||
| Q3 25 | $-2.09 | $2.48 | ||
| Q2 25 | $0.14 | $1.75 | ||
| Q1 25 | $-0.24 | $1.92 | ||
| Q4 24 | $-0.42 | $1.93 | ||
| Q3 24 | $0.42 | $2.79 | ||
| Q2 24 | $1.41 | $2.54 |
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 | $1.1B | $3.7B |
| 总债务越低越好 | $8.8B | $11.7B |
| 股东权益账面价值 | $14.8B | $10.9B |
| 总资产 | $38.0B | $27.1B |
| 负债/权益比越低杠杆越低 | 0.60× | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资IPNXPI
| Q1 26 | — | $3.7B | ||
| Q4 25 | $1.1B | $3.3B | ||
| Q3 25 | $995.0M | $3.5B | ||
| Q2 25 | $1.1B | $3.2B | ||
| Q1 25 | $1.2B | $4.0B | ||
| Q4 24 | $1.2B | $3.3B | ||
| Q3 24 | $1.2B | $2.7B | ||
| Q2 24 | $1.0B | $2.9B |
总债务IPNXPI
| Q1 26 | — | $11.7B | ||
| Q4 25 | $8.8B | $11.0B | ||
| Q3 25 | $9.0B | $11.0B | ||
| Q2 25 | $9.7B | $9.5B | ||
| Q1 25 | $9.2B | $10.2B | ||
| Q4 24 | $5.4B | $10.4B | ||
| Q3 24 | $5.3B | $9.7B | ||
| Q2 24 | $5.3B | $9.7B |
股东权益IPNXPI
| Q1 26 | — | $10.9B | ||
| Q4 25 | $14.8B | $10.1B | ||
| Q3 25 | $17.3B | $10.0B | ||
| Q2 25 | $18.6B | $9.6B | ||
| Q1 25 | $18.1B | $9.3B | ||
| Q4 24 | $8.2B | $9.2B | ||
| Q3 24 | $8.6B | $9.4B | ||
| Q2 24 | $8.6B | $9.0B |
总资产IPNXPI
| Q1 26 | — | $27.1B | ||
| Q4 25 | $38.0B | $26.6B | ||
| Q3 25 | $40.6B | $26.4B | ||
| Q2 25 | $42.4B | $25.3B | ||
| Q1 25 | $41.2B | $25.2B | ||
| Q4 24 | $22.8B | $24.4B | ||
| Q3 24 | $23.2B | $23.7B | ||
| Q2 24 | $23.1B | $23.2B |
负债/权益比IPNXPI
| Q1 26 | — | 1.07× | ||
| Q4 25 | 0.60× | 1.09× | ||
| Q3 25 | 0.52× | 1.09× | ||
| Q2 25 | 0.52× | 0.99× | ||
| Q1 25 | 0.51× | 1.10× | ||
| Q4 24 | 0.66× | 1.13× | ||
| Q3 24 | 0.62× | 1.03× | ||
| Q2 24 | 0.62× | 1.07× |
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 | $905.0M | — |
| 自由现金流经营现金流 - 资本支出 | $255.0M | $714.0M |
| 自由现金流率自由现金流/营收 | 5.4% | 22.4% |
| 资本支出强度资本支出/营收 | 13.7% | 2.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-159.0M | $2.7B |
8季度趋势，按日历期对齐
经营现金流IPNXPI
| Q1 26 | — | — | ||
| Q4 25 | $905.0M | $891.0M | ||
| Q3 25 | $605.0M | $585.0M | ||
| Q2 25 | $476.0M | $779.0M | ||
| Q1 25 | $-288.0M | $565.0M | ||
| Q4 24 | $397.0M | $391.0M | ||
| Q3 24 | $521.0M | $779.0M | ||
| Q2 24 | $365.0M | $761.0M |
自由现金流IPNXPI
| Q1 26 | — | $714.0M | ||
| Q4 25 | $255.0M | $793.0M | ||
| Q3 25 | $150.0M | $508.0M | ||
| Q2 25 | $54.0M | $696.0M | ||
| Q1 25 | $-618.0M | $426.0M | ||
| Q4 24 | $137.0M | $261.0M | ||
| Q3 24 | $309.0M | $593.0M | ||
| Q2 24 | $167.0M | $576.0M |
自由现金流率IPNXPI
| Q1 26 | — | 22.4% | ||
| Q4 25 | 5.4% | 23.8% | ||
| Q3 25 | 2.4% | 16.0% | ||
| Q2 25 | 0.8% | 23.8% | ||
| Q1 25 | -10.5% | 15.0% | ||
| Q4 24 | 3.0% | 8.4% | ||
| Q3 24 | 6.6% | 18.2% | ||
| Q2 24 | 3.5% | 18.4% |
资本支出强度IPNXPI
| Q1 26 | — | 2.5% | ||
| Q4 25 | 13.7% | 2.9% | ||
| Q3 25 | 7.3% | 2.4% | ||
| Q2 25 | 6.2% | 2.8% | ||
| Q1 25 | 5.6% | 4.9% | ||
| Q4 24 | 5.7% | 4.2% | ||
| Q3 24 | 4.5% | 5.7% | ||
| Q2 24 | 4.2% | 5.9% |
现金转化率IPNXPI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.96× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | 6.35× | 1.75× | ||
| Q1 25 | — | 1.15× | ||
| Q4 24 | — | 0.79× | ||
| Q3 24 | 3.47× | 1.08× | ||
| Q2 24 | 0.73× | 1.16× |
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
IP
| Other | $2.4B | 52% |
| DS Smith Packaging | $2.3B | 48% |
NXPI
暂无分部数据
