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光辉国际（KFY）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是光辉国际的8.3倍（$6.0B vs $729.8M）。3M净利率更高（10.8% vs 9.9%，领先0.9%）。光辉国际同比增速更快（7.0% vs 1.3%）。3M自由现金流更多（$2.0B vs $100.7M）。过去两年光辉国际的营收复合增速更高（3.8% vs -1.8%）
光辉国际是一家总部位于美国加利福尼亚州洛杉矶的管理咨询企业，成立于1969年。截至2019年，公司在全球53个国家设有111个办事处，员工总数达8198名，旗下设有咨询、数字化、高管寻访、招聘流程外包及专业人才寻访四大业务板块，为全球客户提供全方位的人力资源及管理解决方案。
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。
KFY vs MMM — 直观对比
营收规模更大
MMM
是对方的8.3倍
$729.8M
营收增速更快
KFY
高出5.7%
1.3%
净利率更高
MMM
高出0.9%
9.9%
自由现金流更多
MMM
多$1.9B
$100.7M
两年增速更快
KFY
近两年复合增速
-1.8%
损益表 — Q2 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $729.8M | $6.0B |
| 净利润 | $72.4M | $653.0M |
| 毛利率 | — | 40.7% |
| 营业利润率 | 13.5% | 23.2% |
| 净利率 | 9.9% | 10.8% |
| 营收同比 | 7.0% | 1.3% |
| 净利润同比 | 19.1% | -41.5% |
| 每股收益（稀释后） | $1.36 | $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KFYMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $729.8M | $6.1B | ||
| Q3 25 | $715.5M | $6.5B | ||
| Q2 25 | $719.8M | $6.3B | ||
| Q1 25 | $676.5M | $6.0B | ||
| Q4 24 | $682.0M | $6.0B | ||
| Q3 24 | $682.8M | $6.3B | ||
| Q2 24 | $699.9M | $6.3B |
净利润KFYMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $72.4M | $577.0M | ||
| Q3 25 | $66.6M | $834.0M | ||
| Q2 25 | $64.2M | $723.0M | ||
| Q1 25 | $58.4M | $1.1B | ||
| Q4 24 | $60.8M | $728.0M | ||
| Q3 24 | $62.6M | $1.4B | ||
| Q2 24 | $65.2M | $1.1B |
毛利率KFYMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | — | 33.6% | ||
| Q3 25 | — | 41.8% | ||
| Q2 25 | — | 42.5% | ||
| Q1 25 | — | 41.6% | ||
| Q4 24 | — | 51.7% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 42.9% |
营业利润率KFYMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 13.5% | 13.0% | ||
| Q3 25 | 11.7% | 22.2% | ||
| Q2 25 | 14.5% | 18.0% | ||
| Q1 25 | 11.6% | 20.9% | ||
| Q4 24 | 12.8% | 12.2% | ||
| Q3 24 | 11.1% | 20.9% | ||
| Q2 24 | 11.9% | 20.3% |
净利率KFYMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 9.9% | 9.4% | ||
| Q3 25 | 9.3% | 12.8% | ||
| Q2 25 | 8.9% | 11.4% | ||
| Q1 25 | 8.6% | 18.7% | ||
| Q4 24 | 8.9% | 12.1% | ||
| Q3 24 | 9.2% | 21.8% | ||
| Q2 24 | 9.3% | 18.3% |
每股收益（稀释后）KFYMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $1.36 | $1.07 | ||
| Q3 25 | $1.26 | $1.55 | ||
| Q2 25 | $1.19 | $1.34 | ||
| Q1 25 | $1.10 | $2.04 | ||
| Q4 24 | $1.14 | $1.33 | ||
| Q3 24 | $1.17 | $2.48 | ||
| Q2 24 | $1.25 | $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 | $801.1M | $3.7B |
| 总债务越低越好 | — | $10.9B |
| 股东权益账面价值 | $1.9B | $3.3B |
| 总资产 | $3.7B | $35.4B |
| 负债/权益比越低杠杆越低 | — | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资KFYMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $801.1M | — | ||
| Q3 25 | $721.1M | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $820.0M | — | ||
| Q4 24 | $735.5M | — | ||
| Q3 24 | $674.0M | — | ||
| Q2 24 | $983.7M | — |
总债务KFYMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | — | $12.6B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $13.1B | ||
| Q1 25 | — | $13.5B | ||
| Q4 24 | — | $13.0B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | $13.1B |
股东权益KFYMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $1.9B | $4.7B | ||
| Q3 25 | $1.9B | $4.6B | ||
| Q2 25 | $1.9B | $4.3B | ||
| Q1 25 | $1.8B | $4.5B | ||
| Q4 24 | $1.8B | $3.8B | ||
| Q3 24 | $1.8B | $4.6B | ||
| Q2 24 | $1.7B | $3.9B |
总资产KFYMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $3.7B | $37.7B | ||
| Q3 25 | $3.6B | $37.6B | ||
| Q2 25 | $3.9B | $38.0B | ||
| Q1 25 | $3.6B | $40.0B | ||
| Q4 24 | $3.5B | $39.9B | ||
| Q3 24 | $3.4B | $40.9B | ||
| Q2 24 | $3.7B | $43.4B |
负债/权益比KFYMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | — | 2.68× | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 3.06× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | — | 3.40× | ||
| Q3 24 | — | 2.84× | ||
| Q2 24 | — | 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 | $121.4M | — |
| 自由现金流经营现金流 - 资本支出 | $100.7M | $2.0B |
| 自由现金流率自由现金流/营收 | 13.8% | 33.6% |
| 资本支出强度资本支出/营收 | 2.8% | — |
| 现金转化率经营现金流/净利润 | 1.68× | — |
| 过去12个月自由现金流最近4个季度 | $272.6M | $3.7B |
8季度趋势，按日历期对齐
经营现金流KFYMMM
| Q1 26 | — | — | ||
| Q4 25 | $121.4M | $1.6B | ||
| Q3 25 | $-237.4M | $1.8B | ||
| Q2 25 | $255.8M | $-954.0M | ||
| Q1 25 | $213.7M | $-79.0M | ||
| Q4 24 | $122.0M | $1.8B | ||
| Q3 24 | $-227.2M | $-1.8B | ||
| Q2 24 | $261.9M | $1.0B |
自由现金流KFYMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $100.7M | $1.3B | ||
| Q3 25 | $-260.0M | $1.5B | ||
| Q2 25 | $235.5M | $-1.2B | ||
| Q1 25 | $196.4M | $-315.0M | ||
| Q4 24 | $107.7M | $1.5B | ||
| Q3 24 | $-237.7M | $-2.0B | ||
| Q2 24 | $250.0M | $752.0M |
自由现金流率KFYMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 13.8% | 21.8% | ||
| Q3 25 | -36.3% | 23.6% | ||
| Q2 25 | 32.7% | -18.3% | ||
| Q1 25 | 29.0% | -5.3% | ||
| Q4 24 | 15.8% | 25.4% | ||
| Q3 24 | -34.8% | -32.3% | ||
| Q2 24 | 35.7% | 12.0% |
资本支出强度KFYMMM
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 4.0% | ||
| Q3 25 | 3.2% | 3.3% | ||
| Q2 25 | 2.8% | 3.3% | ||
| Q1 25 | 2.6% | 4.0% | ||
| Q4 24 | 2.1% | 4.8% | ||
| Q3 24 | 1.5% | 3.9% | ||
| Q2 24 | 1.7% | 4.3% |
现金转化率KFYMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.68× | 2.74× | ||
| Q3 25 | -3.56× | 2.11× | ||
| Q2 25 | 3.98× | -1.32× | ||
| Q1 25 | 3.66× | -0.07× | ||
| Q4 24 | 2.01× | 2.50× | ||
| Q3 24 | -3.63× | -1.30× | ||
| Q2 24 | 4.02× | 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
KFY
| Industrial | $234.0M | 32% |
| Technology Service | $104.5M | 14% |
| RPO | $92.3M | 13% |
| Digital | $91.2M | 13% |
| Consumer Goods | $85.0M | 12% |
| Executive Search EMEA | $52.2M | 7% |
| Education Non Profit And General | $43.2M | 6% |
| Executive Search Asia Pacific | $24.3M | 3% |
| Reimbursed Out Of Pocket Engagement Expenses | $8.1M | 1% |
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% |
