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可口可乐公司（KO）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
可口可乐公司的季度营收约是Smurfit Westrock的1.5倍（$11.8B vs $7.7B），可口可乐公司净利率更高（19.2% vs 0.8%，领先18.4%），可口可乐公司同比增速更快（2.4% vs 0.7%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs 2.3%）
可口可乐公司是1892年成立的美国跨国企业，总部位于佐治亚州亚特兰大。公司主营含可口可乐在内的软饮、各类非酒精饮料浓缩液、糖浆及酒精饮料的生产、销售与营销，股票在纽交所上市，是道琼斯工业平均指数、标普500及标普100指数成分股。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
KO vs SW — 直观对比
营收规模更大
KO
是对方的1.5倍
$7.7B
营收增速更快
KO
高出1.7%
0.7%
净利率更高
KO
高出18.4%
0.8%
两年增速更快
SW
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $11.8B | $7.7B |
| 净利润 | $2.3B | $63.0M |
| 毛利率 | 60.0% | 16.4% |
| 营业利润率 | 15.6% | 3.3% |
| 净利率 | 19.2% | 0.8% |
| 营收同比 | 2.4% | 0.7% |
| 净利润同比 | 3.5% | — |
| 每股收益（稀释后） | $0.53 | $0.12 |
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KOSW
| Q1 26 | — | $7.7B | ||
| Q4 25 | $11.8B | $7.6B | ||
| Q3 25 | $12.5B | $8.0B | ||
| Q2 25 | $12.5B | $7.9B | ||
| Q1 25 | $11.1B | $7.7B | ||
| Q4 24 | $11.5B | $7.5B | ||
| Q3 24 | $11.9B | $7.7B | ||
| Q2 24 | $12.4B | $3.0B |
净利润KOSW
| Q1 26 | — | $63.0M | ||
| Q4 25 | $2.3B | $97.0M | ||
| Q3 25 | $3.7B | $246.0M | ||
| Q2 25 | $3.8B | $-28.0M | ||
| Q1 25 | $3.3B | $384.0M | ||
| Q4 24 | $2.2B | $146.0M | ||
| Q3 24 | $2.8B | $-150.0M | ||
| Q2 24 | $2.4B | $132.0M |
毛利率KOSW
| Q1 26 | — | 16.4% | ||
| Q4 25 | 60.0% | 18.2% | ||
| Q3 25 | 61.5% | 19.6% | ||
| Q2 25 | 62.4% | 19.1% | ||
| Q1 25 | 62.6% | 20.6% | ||
| Q4 24 | 60.0% | 19.1% | ||
| Q3 24 | 60.7% | 17.6% | ||
| Q2 24 | 61.1% | 23.3% |
营业利润率KOSW
| Q1 26 | — | 3.3% | ||
| Q4 25 | 15.6% | 5.1% | ||
| Q3 25 | 32.0% | 6.6% | ||
| Q2 25 | 34.1% | 3.2% | ||
| Q1 25 | 32.9% | 7.2% | ||
| Q4 24 | 23.5% | 5.3% | ||
| Q3 24 | 21.2% | 0.7% | ||
| Q2 24 | 21.3% | 8.2% |
净利率KOSW
| Q1 26 | — | 0.8% | ||
| Q4 25 | 19.2% | 1.3% | ||
| Q3 25 | 29.7% | 3.1% | ||
| Q2 25 | 30.4% | -0.4% | ||
| Q1 25 | 29.9% | 5.0% | ||
| Q4 24 | 19.0% | 1.9% | ||
| Q3 24 | 24.0% | -2.0% | ||
| Q2 24 | 19.5% | 4.4% |
每股收益（稀释后）KOSW
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.53 | $0.18 | ||
| Q3 25 | $0.86 | $0.47 | ||
| Q2 25 | $0.88 | $-0.05 | ||
| Q1 25 | $0.77 | $0.73 | ||
| Q4 24 | $0.50 | $-0.12 | ||
| Q3 24 | $0.66 | $-0.30 | ||
| Q2 24 | $0.56 | $0.51 |
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 | $10.3B | — |
| 总债务越低越好 | $42.1B | $980.0M |
| 股东权益账面价值 | $32.2B | $18.1B |
| 总资产 | $104.8B | $45.2B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资KOSW
| Q1 26 | — | — | ||
| Q4 25 | $10.3B | $892.0M | ||
| Q3 25 | $12.7B | $851.0M | ||
| Q2 25 | $9.6B | $778.0M | ||
| Q1 25 | $8.4B | $797.0M | ||
| Q4 24 | $10.8B | $855.0M | ||
| Q3 24 | $13.9B | — | ||
| Q2 24 | $13.7B | $26.8K |
总债务KOSW
| Q1 26 | — | $980.0M | ||
| Q4 25 | $42.1B | $13.4B | ||
| Q3 25 | $43.2B | $13.3B | ||
| Q2 25 | $45.0B | $13.3B | ||
| Q1 25 | $43.5B | $12.9B | ||
| Q4 24 | $42.4B | $12.5B | ||
| Q3 24 | $43.0B | $13.2B | ||
| Q2 24 | $38.1B | — |
股东权益KOSW
| Q1 26 | — | $18.1B | ||
| Q4 25 | $32.2B | $18.3B | ||
| Q3 25 | $31.2B | $18.4B | ||
| Q2 25 | $28.6B | $18.3B | ||
| Q1 25 | $26.2B | $17.9B | ||
| Q4 24 | $24.9B | $17.4B | ||
| Q3 24 | $26.5B | $18.0B | ||
| Q2 24 | $25.9B | $14.5K |
总资产KOSW
| Q1 26 | — | $45.2B | ||
| Q4 25 | $104.8B | $45.2B | ||
| Q3 25 | $106.0B | $45.6B | ||
| Q2 25 | $104.3B | $45.7B | ||
| Q1 25 | $101.7B | $44.6B | ||
| Q4 24 | $100.5B | $43.8B | ||
| Q3 24 | $106.3B | $45.0B | ||
| Q2 24 | $101.2B | $26.8K |
负债/权益比KOSW
| Q1 26 | — | 0.05× | ||
| Q4 25 | 1.31× | 0.73× | ||
| Q3 25 | 1.38× | 0.72× | ||
| Q2 25 | 1.57× | 0.73× | ||
| Q1 25 | 1.66× | 0.72× | ||
| Q4 24 | 1.70× | 0.72× | ||
| Q3 24 | 1.62× | 0.73× | ||
| Q2 24 | 1.47× | — |
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 | $3.8B | $204.0M |
| 自由现金流经营现金流 - 资本支出 | $2.9B | — |
| 自由现金流率自由现金流/营收 | 24.3% | — |
| 资本支出强度资本支出/营收 | 7.5% | — |
| 现金转化率经营现金流/净利润 | 1.65× | 3.24× |
| 过去12个月自由现金流最近4个季度 | $5.3B | — |
8季度趋势，按日历期对齐
经营现金流KOSW
| Q1 26 | — | $204.0M | ||
| Q4 25 | $3.8B | $1.2B | ||
| Q3 25 | $5.0B | $1.1B | ||
| Q2 25 | $3.8B | $829.0M | ||
| Q1 25 | $-5.2B | $235.0M | ||
| Q4 24 | $4.0B | $781.0M | ||
| Q3 24 | $-1.3B | $320.0M | ||
| Q2 24 | $3.6B | $340.0M |
自由现金流KOSW
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $612.0M | ||
| Q3 25 | $4.6B | $523.0M | ||
| Q2 25 | $3.4B | $307.0M | ||
| Q1 25 | $-5.5B | $-242.0M | ||
| Q4 24 | $3.1B | $212.0M | ||
| Q3 24 | $-1.7B | $-192.0M | ||
| Q2 24 | $3.2B | $163.0M |
自由现金流率KOSW
| Q1 26 | — | — | ||
| Q4 25 | 24.3% | 8.1% | ||
| Q3 25 | 36.6% | 6.5% | ||
| Q2 25 | 26.9% | 3.9% | ||
| Q1 25 | -49.5% | -3.2% | ||
| Q4 24 | 27.3% | 2.8% | ||
| Q3 24 | -14.6% | -2.5% | ||
| Q2 24 | 25.6% | 5.5% |
资本支出强度KOSW
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | 7.7% | ||
| Q3 25 | 3.8% | 7.6% | ||
| Q2 25 | 3.5% | 6.6% | ||
| Q1 25 | 2.8% | 6.2% | ||
| Q4 24 | 7.0% | 7.5% | ||
| Q3 24 | 4.0% | 6.7% | ||
| Q2 24 | 3.4% | 6.0% |
现金转化率KOSW
| Q1 26 | — | 3.24× | ||
| Q4 25 | 1.65× | 12.32× | ||
| Q3 25 | 1.36× | 4.61× | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | -1.56× | 0.61× | ||
| Q4 24 | 1.80× | 5.35× | ||
| Q3 24 | -0.44× | — | ||
| Q2 24 | 1.49× | 2.58× |
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
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
SW
暂无分部数据
