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金佰利（KMB）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
金佰利的季度营收约是PPL Corporation的1.8倍（$4.2B vs $2.3B），金佰利净利率更高（16.2% vs 11.3%，领先4.9%），PPL Corporation同比增速更快（7.2% vs 2.7%），过去两年PPL Corporation的营收复合增速更高（1.0% vs -9.0%）
金佰利是源自美国的跨国消费品及个人护理集团，主打纸质类消费品，同时生产卫生用纸制品、外科及医疗器具。旗下拥有舒洁面巾纸、高洁丝女性护理产品、好奇纸尿裤及婴儿湿巾、Scott卫生纸等知名品牌，产品销往全球多个国家和地区。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
KMB vs PPL — 直观对比
营收规模更大
KMB
是对方的1.8倍
$2.3B
营收增速更快
PPL
高出4.5%
2.7%
净利率更高
KMB
高出4.9%
11.3%
两年增速更快
PPL
近两年复合增速
-9.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $2.3B |
| 净利润 | $675.0M | $266.0M |
| 毛利率 | 36.8% | — |
| 营业利润率 | 18.1% | 20.3% |
| 净利率 | 16.2% | 11.3% |
| 营收同比 | 2.7% | 7.2% |
| 净利润同比 | 17.3% | 50.3% |
| 每股收益（稀释后） | $2.00 | $0.35 |
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KMBPPL
| Q1 26 | $4.2B | — | ||
| Q4 25 | $3.3B | $2.3B | ||
| Q3 25 | $4.2B | $2.2B | ||
| Q2 25 | $4.2B | $2.0B | ||
| Q1 25 | $4.8B | $2.5B | ||
| Q4 24 | $4.9B | $2.2B | ||
| Q3 24 | $5.0B | $2.1B | ||
| Q2 24 | $5.0B | $1.9B |
净利润KMBPPL
| Q1 26 | $675.0M | — | ||
| Q4 25 | $499.0M | $266.0M | ||
| Q3 25 | $446.0M | $318.0M | ||
| Q2 25 | $509.0M | $183.0M | ||
| Q1 25 | $567.0M | $414.0M | ||
| Q4 24 | $447.0M | $177.0M | ||
| Q3 24 | $907.0M | $214.0M | ||
| Q2 24 | $544.0M | $190.0M |
毛利率KMBPPL
| Q1 26 | 36.8% | — | ||
| Q4 25 | 37.7% | — | ||
| Q3 25 | 36.0% | — | ||
| Q2 25 | 35.0% | — | ||
| Q1 25 | 35.8% | — | ||
| Q4 24 | 34.0% | — | ||
| Q3 24 | 36.0% | — | ||
| Q2 24 | 36.0% | — |
营业利润率KMBPPL
| Q1 26 | 18.1% | — | ||
| Q4 25 | 11.2% | 20.3% | ||
| Q3 25 | 15.0% | 25.4% | ||
| Q2 25 | 14.2% | 19.9% | ||
| Q1 25 | 15.9% | 26.6% | ||
| Q4 24 | 11.1% | 17.2% | ||
| Q3 24 | 23.3% | 20.6% | ||
| Q2 24 | 13.0% | 20.8% |
净利率KMBPPL
| Q1 26 | 16.2% | — | ||
| Q4 25 | 15.1% | 11.3% | ||
| Q3 25 | 10.7% | 14.2% | ||
| Q2 25 | 12.2% | 9.0% | ||
| Q1 25 | 11.7% | 16.3% | ||
| Q4 24 | 9.1% | 8.1% | ||
| Q3 24 | 18.3% | 10.3% | ||
| Q2 24 | 10.8% | 10.1% |
每股收益（稀释后）KMBPPL
| Q1 26 | $2.00 | — | ||
| Q4 25 | $1.50 | $0.35 | ||
| Q3 25 | $1.34 | $0.43 | ||
| Q2 25 | $1.53 | $0.25 | ||
| Q1 25 | $1.70 | $0.56 | ||
| Q4 24 | $1.34 | $0.23 | ||
| Q3 24 | $2.69 | $0.29 | ||
| Q2 24 | $1.61 | $0.26 |
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 | $542.0K | $1.1B |
| 总债务越低越好 | $6.5M | $18.9B |
| 股东权益账面价值 | $1.9M | $14.9B |
| 总资产 | $17.2M | $45.2B |
| 负债/权益比越低杠杆越低 | 3.38× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资KMBPPL
| Q1 26 | $542.0K | — | ||
| Q4 25 | $688.0M | $1.1B | ||
| Q3 25 | $617.0M | $1.1B | ||
| Q2 25 | $634.0M | $294.0M | ||
| Q1 25 | $563.0M | $312.0M | ||
| Q4 24 | $1.0B | $306.0M | ||
| Q3 24 | $1.1B | $542.0M | ||
| Q2 24 | $1.2B | $282.0M |
总债务KMBPPL
| Q1 26 | $6.5M | — | ||
| Q4 25 | $6.5B | $18.9B | ||
| Q3 25 | $6.5B | — | ||
| Q2 25 | $6.5B | — | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $6.9B | $16.5B | ||
| Q3 24 | $6.9B | — | ||
| Q2 24 | $7.2B | — |
股东权益KMBPPL
| Q1 26 | $1.9M | — | ||
| Q4 25 | $1.5B | $14.9B | ||
| Q3 25 | $1.3B | $14.4B | ||
| Q2 25 | $1.3B | $14.3B | ||
| Q1 25 | $1.1B | $14.3B | ||
| Q4 24 | $840.0M | $14.1B | ||
| Q3 24 | $1.3B | $14.1B | ||
| Q2 24 | $1.1B | $14.1B |
总资产KMBPPL
| Q1 26 | $17.2M | — | ||
| Q4 25 | $17.1B | $45.2B | ||
| Q3 25 | $16.9B | $43.9B | ||
| Q2 25 | $16.8B | $42.4B | ||
| Q1 25 | $16.3B | $41.8B | ||
| Q4 24 | $16.5B | $41.1B | ||
| Q3 24 | $17.2B | $40.5B | ||
| Q2 24 | $17.3B | $39.8B |
负债/权益比KMBPPL
| Q1 26 | 3.38× | — | ||
| Q4 25 | 4.31× | 1.27× | ||
| Q3 25 | 4.86× | — | ||
| Q2 25 | 5.09× | — | ||
| Q1 25 | 5.89× | — | ||
| Q4 24 | 8.18× | 1.17× | ||
| Q3 24 | 5.36× | — | ||
| Q2 24 | 6.30× | — |
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 | — | $548.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-614.0M |
| 自由现金流率自由现金流/营收 | — | -26.1% |
| 资本支出强度资本支出/营收 | — | 49.5% |
| 现金转化率经营现金流/净利润 | — | 2.06× |
| 过去12个月自由现金流最近4个季度 | — | $-1.4B |
8季度趋势，按日历期对齐
经营现金流KMBPPL
| Q1 26 | — | — | ||
| Q4 25 | $972.0M | $548.0M | ||
| Q3 25 | $708.0M | $966.0M | ||
| Q2 25 | $770.0M | $602.0M | ||
| Q1 25 | $327.0M | $513.0M | ||
| Q4 24 | $817.0M | $511.0M | ||
| Q3 24 | $958.0M | $781.0M | ||
| Q2 24 | $1.0B | $766.0M |
自由现金流KMBPPL
| Q1 26 | — | — | ||
| Q4 25 | $575.0M | $-614.0M | ||
| Q3 25 | $368.0M | $-179.0M | ||
| Q2 25 | $573.0M | $-328.0M | ||
| Q1 25 | $123.0M | $-280.0M | ||
| Q4 24 | $608.0M | $-349.0M | ||
| Q3 24 | $798.0M | $102.0M | ||
| Q2 24 | $863.0M | $96.0M |
自由现金流率KMBPPL
| Q1 26 | — | — | ||
| Q4 25 | 17.5% | -26.1% | ||
| Q3 25 | 8.9% | -8.0% | ||
| Q2 25 | 13.8% | -16.1% | ||
| Q1 25 | 2.5% | -11.0% | ||
| Q4 24 | 12.3% | -15.9% | ||
| Q3 24 | 16.1% | 4.9% | ||
| Q2 24 | 17.2% | 5.1% |
资本支出强度KMBPPL
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | 49.5% | ||
| Q3 25 | 8.2% | 51.2% | ||
| Q2 25 | 4.7% | 45.6% | ||
| Q1 25 | 4.2% | 31.2% | ||
| Q4 24 | 4.2% | 39.3% | ||
| Q3 24 | 3.2% | 32.7% | ||
| Q2 24 | 3.1% | 35.8% |
现金转化率KMBPPL
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | 2.06× | ||
| Q3 25 | 1.59× | 3.04× | ||
| Q2 25 | 1.51× | 3.29× | ||
| Q1 25 | 0.58× | 1.24× | ||
| Q4 24 | 1.83× | 2.89× | ||
| Q3 24 | 1.06× | 3.65× | ||
| Q2 24 | 1.88× | 4.03× |
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
KMB
| NA | $2.7B | 64% |
| IPC | $1.5B | 36% |
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
