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景顺（IVZ）与Science Applications International Corp（SAIC）财务数据对比。点击上方公司名可切换其他公司
Science Applications International Corp的季度营收约是景顺的1.1倍（$1.9B vs $1.7B），Science Applications International Corp净利率更高（4.2% vs -58.9%，领先63.0%），景顺同比增速更快（6.2% vs 2.6%），景顺自由现金流更多（$432.2M vs $120.0M），过去两年景顺的营收复合增速更高（7.1% vs 2.3%）
景顺是总部位于美国佐治亚州亚特兰大的独立投资管理企业，在全球20个国家设有分支机构，旗下运营景顺、Invesco Perpetual、PowerShares等品牌，普通股为标普500指数成分股，于纽约证券交易所挂牌交易。
科学应用国际公司（SAIC）是一家总部位于美国弗吉尼亚州雷斯顿的科技企业，主要为政府机构提供专业服务与信息技术支持，在公共部门技术服务领域拥有丰富的行业经验与技术积累。
IVZ vs SAIC — 直观对比
营收规模更大
SAIC
是对方的1.1倍
$1.7B
营收增速更快
IVZ
高出3.6%
2.6%
净利率更高
SAIC
高出63.0%
-58.9%
自由现金流更多
IVZ
多$312.2M
$120.0M
两年增速更快
IVZ
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.9B |
| 净利润 | $-995.9M | $78.0M |
| 毛利率 | — | 12.2% |
| 营业利润率 | -86.2% | 6.9% |
| 净利率 | -58.9% | 4.2% |
| 营收同比 | 6.2% | 2.6% |
| 净利润同比 | -575.8% | -3.7% |
| 每股收益（稀释后） | $-2.61 | $1.69 |
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IVZSAIC
| Q4 25 | $1.7B | $1.9B | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.5B | $1.8B | ||
| Q1 24 | $1.5B | $1.7B |
净利润IVZSAIC
| Q4 25 | $-995.9M | $78.0M | ||
| Q3 25 | $356.4M | — | ||
| Q2 25 | $197.4M | $68.0M | ||
| Q1 25 | $171.1M | — | ||
| Q4 24 | $209.3M | $106.0M | ||
| Q3 24 | $55.0M | $81.0M | ||
| Q2 24 | $132.2M | $77.0M | ||
| Q1 24 | $141.5M | $39.0M |
毛利率IVZSAIC
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 11.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 11.1% |
营业利润率IVZSAIC
| Q4 25 | -86.2% | 6.9% | ||
| Q3 25 | 16.5% | — | ||
| Q2 25 | 14.1% | 6.4% | ||
| Q1 25 | 18.1% | — | ||
| Q4 24 | 19.6% | 8.1% | ||
| Q3 24 | 6.6% | 7.4% | ||
| Q2 24 | 13.9% | 7.1% | ||
| Q1 24 | 14.4% | 4.5% |
净利率IVZSAIC
| Q4 25 | -58.9% | 4.2% | ||
| Q3 25 | 21.7% | — | ||
| Q2 25 | 13.0% | 3.6% | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | 13.1% | 5.4% | ||
| Q3 24 | 3.6% | 4.5% | ||
| Q2 24 | 8.9% | 4.2% | ||
| Q1 24 | 9.6% | 2.2% |
每股收益（稀释后）IVZSAIC
| Q4 25 | $-2.61 | $1.69 | ||
| Q3 25 | $0.66 | — | ||
| Q2 25 | $-0.03 | $1.42 | ||
| Q1 25 | $0.38 | — | ||
| Q4 24 | $0.46 | $2.13 | ||
| Q3 24 | $0.12 | $1.58 | ||
| Q2 24 | $0.29 | $1.48 | ||
| Q1 24 | $0.31 | $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 | $1.0B | $45.0M |
| 总债务越低越好 | $1.8B | $2.5B |
| 股东权益账面价值 | $12.2B | $1.5B |
| 总资产 | $27.1B | $5.4B |
| 负债/权益比越低杠杆越低 | 0.15× | 1.64× |
8季度趋势，按日历期对齐
现金及短期投资IVZSAIC
| Q4 25 | $1.0B | $45.0M | ||
| Q3 25 | $973.1M | — | ||
| Q2 25 | $922.7M | $47.0M | ||
| Q1 25 | $821.7M | — | ||
| Q4 24 | $986.5M | $46.0M | ||
| Q3 24 | $1.0B | $48.0M | ||
| Q2 24 | $878.5M | $49.0M | ||
| Q1 24 | $895.7M | $94.0M |
总债务IVZSAIC
| Q4 25 | $1.8B | $2.5B | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.9B | $2.3B | ||
| Q1 25 | $964.8M | — | ||
| Q4 24 | $890.6M | $2.2B | ||
| Q3 24 | $890.3M | $2.2B | ||
| Q2 24 | $890.1M | $2.1B | ||
| Q1 24 | $1.3B | $2.1B |
股东权益IVZSAIC
| Q4 25 | $12.2B | $1.5B | ||
| Q3 25 | $14.0B | — | ||
| Q2 25 | $13.9B | $1.5B | ||
| Q1 25 | $14.7B | — | ||
| Q4 24 | $14.6B | $1.6B | ||
| Q3 24 | $14.8B | $1.6B | ||
| Q2 24 | $14.6B | $1.8B | ||
| Q1 24 | $14.6B | $1.8B |
总资产IVZSAIC
| Q4 25 | $27.1B | $5.4B | ||
| Q3 25 | $28.4B | — | ||
| Q2 25 | $28.5B | $5.2B | ||
| Q1 25 | $28.1B | — | ||
| Q4 24 | $27.0B | $5.3B | ||
| Q3 24 | $27.5B | $5.3B | ||
| Q2 24 | $27.2B | $5.3B | ||
| Q1 24 | $28.1B | $5.3B |
负债/权益比IVZSAIC
| Q4 25 | 0.15× | 1.64× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.14× | 1.52× | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.06× | 1.34× | ||
| Q3 24 | 0.06× | 1.33× | ||
| Q2 24 | 0.06× | 1.18× | ||
| Q1 24 | 0.09× | 1.18× |
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 | $455.8M | $129.0M |
| 自由现金流经营现金流 - 资本支出 | $432.2M | $120.0M |
| 自由现金流率自由现金流/营收 | 25.5% | 6.4% |
| 资本支出强度资本支出/营收 | 1.4% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 1.65× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $478.0M |
8季度趋势，按日历期对齐
经营现金流IVZSAIC
| Q4 25 | $455.8M | $129.0M | ||
| Q3 25 | $606.2M | — | ||
| Q2 25 | $547.9M | $100.0M | ||
| Q1 25 | $-84.6M | — | ||
| Q4 24 | $316.9M | $143.0M | ||
| Q3 24 | $438.4M | $138.0M | ||
| Q2 24 | $489.1M | $98.0M | ||
| Q1 24 | $-54.4M | $63.0M |
自由现金流IVZSAIC
| Q4 25 | $432.2M | $120.0M | ||
| Q3 25 | $586.4M | — | ||
| Q2 25 | $530.4M | $92.0M | ||
| Q1 25 | $-108.0M | — | ||
| Q4 24 | $309.9M | $134.0M | ||
| Q3 24 | $410.0M | $132.0M | ||
| Q2 24 | $462.4M | $92.0M | ||
| Q1 24 | $-75.4M | $52.0M |
自由现金流率IVZSAIC
| Q4 25 | 25.5% | 6.4% | ||
| Q3 25 | 35.7% | — | ||
| Q2 25 | 35.0% | 4.9% | ||
| Q1 25 | -7.1% | — | ||
| Q4 24 | 19.5% | 6.8% | ||
| Q3 24 | 27.1% | 7.3% | ||
| Q2 24 | 31.2% | 5.0% | ||
| Q1 24 | -5.1% | 3.0% |
资本支出强度IVZSAIC
| Q4 25 | 1.4% | 0.5% | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.2% | 0.4% | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 0.4% | 0.5% | ||
| Q3 24 | 1.9% | 0.3% | ||
| Q2 24 | 1.8% | 0.3% | ||
| Q1 24 | 1.4% | 0.6% |
现金转化率IVZSAIC
| Q4 25 | — | 1.65× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 2.78× | 1.47× | ||
| Q1 25 | -0.49× | — | ||
| Q4 24 | 1.51× | 1.35× | ||
| Q3 24 | 7.97× | 1.70× | ||
| Q2 24 | 3.70× | 1.27× | ||
| Q1 24 | -0.38× | 1.62× |
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
IVZ
| Investment Advice | $1.2B | 73% |
| Distribution And Shareholder Service | $382.7M | 23% |
| Financial Service Other | $51.0M | 3% |
| Investment Performance | $28.9M | 2% |
SAIC
| Prime Contractor | $1.3B | 71% |
| Civilian | $427.0M | 23% |
| Subcontractor | $116.0M | 6% |
| Commercial State And Local Agencies | $7.0M | 0% |
