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ITRON, INC.（ITRI）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是ITRON, INC.的10.5倍（$6.0B vs $571.7M）。ITRON, INC.净利率更高（17.8% vs 10.8%，领先6.9%）。3M同比增速更快（1.3% vs -6.7%）。3M自由现金流更多（$2.0B vs $111.5M）。过去两年3M的营收复合增速更高（-1.8% vs -2.7%）
Itron, Inc.是美国一家专注于能源与水资源管理的技术企业，总部位于华盛顿州自由湖。公司提供电、气、水及热能计量设备、控制技术、通信系统、配套软件，同时还提供托管运营及咨询服务，可对能源和水资源的消耗情况进行计量与深度分析，助力相关领域的资源高效管理。
3M是美国知名跨国综合企业，业务覆盖工业、劳动者安全防护、消费品等多个领域，总部位于圣保罗郊区的枫木市。公司现有超6万款产品，涵盖胶粘剂、研磨材料、防火防护产品、个人防护装备、窗膜、车漆保护膜、电子连接绝缘材料、汽车养护产品、光学膜等品类。
ITRI vs MMM — 直观对比
营收规模更大
MMM
是对方的10.5倍
$571.7M
营收增速更快
MMM
高出8.0%
-6.7%
净利率更高
ITRI
高出6.9%
10.8%
自由现金流更多
MMM
多$1.9B
$111.5M
两年增速更快
MMM
近两年复合增速
-2.7%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $571.7M | $6.0B |
| 净利润 | $101.6M | $653.0M |
| 毛利率 | 40.5% | 40.7% |
| 营业利润率 | 13.8% | 23.2% |
| 净利率 | 17.8% | 10.8% |
| 营收同比 | -6.7% | 1.3% |
| 净利润同比 | 74.9% | -41.5% |
| 每股收益（稀释后） | $2.20 | $1.23 |
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ITRIMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $571.7M | $6.1B | ||
| Q3 25 | $581.6M | $6.5B | ||
| Q2 25 | $606.8M | $6.3B | ||
| Q1 25 | $607.2M | $6.0B | ||
| Q4 24 | $612.9M | $6.0B | ||
| Q3 24 | $615.5M | $6.3B | ||
| Q2 24 | $609.1M | $6.3B |
净利润ITRIMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $101.6M | $577.0M | ||
| Q3 25 | $65.6M | $834.0M | ||
| Q2 25 | $68.3M | $723.0M | ||
| Q1 25 | $65.5M | $1.1B | ||
| Q4 24 | $58.1M | $728.0M | ||
| Q3 24 | $78.0M | $1.4B | ||
| Q2 24 | $51.3M | $1.1B |
毛利率ITRIMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 40.5% | 33.6% | ||
| Q3 25 | 37.7% | 41.8% | ||
| Q2 25 | 36.9% | 42.5% | ||
| Q1 25 | 35.8% | 41.6% | ||
| Q4 24 | 34.9% | 51.7% | ||
| Q3 24 | 34.1% | 42.1% | ||
| Q2 24 | 34.6% | 42.9% |
营业利润率ITRIMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 13.8% | 13.0% | ||
| Q3 25 | 14.1% | 22.2% | ||
| Q2 25 | 12.6% | 18.0% | ||
| Q1 25 | 12.6% | 20.9% | ||
| Q4 24 | 10.2% | 12.2% | ||
| Q3 24 | 12.0% | 20.9% | ||
| Q2 24 | 10.6% | 20.3% |
净利率ITRIMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 17.8% | 9.4% | ||
| Q3 25 | 11.3% | 12.8% | ||
| Q2 25 | 11.3% | 11.4% | ||
| Q1 25 | 10.8% | 18.7% | ||
| Q4 24 | 9.5% | 12.1% | ||
| Q3 24 | 12.7% | 21.8% | ||
| Q2 24 | 8.4% | 18.3% |
每股收益（稀释后）ITRIMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $2.20 | $1.07 | ||
| Q3 25 | $1.41 | $1.55 | ||
| Q2 25 | $1.47 | $1.34 | ||
| Q1 25 | $1.42 | $2.04 | ||
| Q4 24 | $1.26 | $1.33 | ||
| Q3 24 | $1.70 | $2.48 | ||
| Q2 24 | $1.10 | $2.07 |
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 | $1.0B | $3.7B |
| 总债务越低越好 | $1.3B | $10.9B |
| 股东权益账面价值 | $1.7B | $3.3B |
| 总资产 | $3.7B | $35.4B |
| 负债/权益比越低杠杆越低 | 0.74× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资ITRIMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $982.5M | — | ||
| Q2 24 | $920.6M | — |
总债务ITRIMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | $1.3B | $12.6B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $13.1B | ||
| Q1 25 | — | $13.5B | ||
| Q4 24 | $1.3B | $13.0B | ||
| Q3 24 | $1.3B | $13.2B | ||
| Q2 24 | $1.3B | $13.1B |
股东权益ITRIMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $1.7B | $4.7B | ||
| Q3 25 | $1.7B | $4.6B | ||
| Q2 25 | $1.6B | $4.3B | ||
| Q1 25 | $1.5B | $4.5B | ||
| Q4 24 | $1.4B | $3.8B | ||
| Q3 24 | $1.3B | $4.6B | ||
| Q2 24 | $1.2B | $3.9B |
总资产ITRIMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $3.7B | $37.7B | ||
| Q3 25 | $3.7B | $37.6B | ||
| Q2 25 | $3.6B | $38.0B | ||
| Q1 25 | $3.5B | $40.0B | ||
| Q4 24 | $3.4B | $39.9B | ||
| Q3 24 | $3.4B | $40.9B | ||
| Q2 24 | $3.3B | $43.4B |
负债/权益比ITRIMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | 0.74× | 2.68× | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 3.06× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | 0.91× | 3.40× | ||
| Q3 24 | 0.94× | 2.84× | ||
| Q2 24 | 1.02× | 3.34× |
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 | $119.3M | — |
| 自由现金流经营现金流 - 资本支出 | $111.5M | $2.0B |
| 自由现金流率自由现金流/营收 | 19.5% | 33.6% |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 1.17× | — |
| 过去12个月自由现金流最近4个季度 | $383.1M | $3.7B |
8季度趋势，按日历期对齐
经营现金流ITRIMMM
| Q1 26 | — | — | ||
| Q4 25 | $119.3M | $1.6B | ||
| Q3 25 | $117.8M | $1.8B | ||
| Q2 25 | $96.7M | $-954.0M | ||
| Q1 25 | $72.1M | $-79.0M | ||
| Q4 24 | $79.8M | $1.8B | ||
| Q3 24 | $65.3M | $-1.8B | ||
| Q2 24 | $51.7M | $1.0B |
自由现金流ITRIMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $111.5M | $1.3B | ||
| Q3 25 | $113.4M | $1.5B | ||
| Q2 25 | $90.7M | $-1.2B | ||
| Q1 25 | $67.5M | $-315.0M | ||
| Q4 24 | $70.2M | $1.5B | ||
| Q3 24 | $58.7M | $-2.0B | ||
| Q2 24 | $44.6M | $752.0M |
自由现金流率ITRIMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 19.5% | 21.8% | ||
| Q3 25 | 19.5% | 23.6% | ||
| Q2 25 | 14.9% | -18.3% | ||
| Q1 25 | 11.1% | -5.3% | ||
| Q4 24 | 11.4% | 25.4% | ||
| Q3 24 | 9.5% | -32.3% | ||
| Q2 24 | 7.3% | 12.0% |
资本支出强度ITRIMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 4.0% | ||
| Q3 25 | 0.8% | 3.3% | ||
| Q2 25 | 1.0% | 3.3% | ||
| Q1 25 | 0.8% | 4.0% | ||
| Q4 24 | 1.6% | 4.8% | ||
| Q3 24 | 1.1% | 3.9% | ||
| Q2 24 | 1.2% | 4.3% |
现金转化率ITRIMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.17× | 2.74× | ||
| Q3 25 | 1.80× | 2.11× | ||
| Q2 25 | 1.41× | -1.32× | ||
| Q1 25 | 1.10× | -0.07× | ||
| Q4 24 | 1.37× | 2.50× | ||
| Q3 24 | 0.84× | -1.30× | ||
| Q2 24 | 1.01× | 0.89× |
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
ITRI
| Networked Solutions Segment | $352.0M | 62% |
| Outcomes Segment | $111.8M | 20% |
| Device Solutions | $104.8M | 18% |
MMM
| Safety and Industrial business segment | $2.9B | 49% |
| Transportation and Electronics business segment | $1.8B | 31% |
| Consumer business segment | $1.1B | 19% |
| Corporate | $121.0M | 2% |
