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林德（LIN）与菲利普莫里斯国际（PM）财务数据对比。点击上方公司名可切换其他公司
菲利普莫里斯国际的季度营收约是林德的1155.4倍（$10.1B vs $8.8M），菲利普莫里斯国际同比增速更快（9.1% vs 8.2%），过去两年菲利普莫里斯国际的营收复合增速更高（3.5% vs -96.7%）
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
菲利普莫里斯国际是全球头部烟草企业，产品销往180余个国家和地区，旗下万宝路是全球最知名的烟草品牌，2023年第四季度加热不燃烧产品IQOS贡献了最高营收，位列2025年财富美国500强第121位。
LIN vs PM — 直观对比
营收规模更大
PM
是对方的1155.4倍
$8.8M
营收增速更快
PM
高出0.9%
8.2%
两年增速更快
PM
近两年复合增速
-96.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $8.8M | $10.1B |
| 净利润 | — | $2.4B |
| 毛利率 | 48.5% | 68.1% |
| 营业利润率 | 27.8% | 38.4% |
| 净利率 | — | 24.0% |
| 营收同比 | 8.2% | 9.1% |
| 净利润同比 | — | -9.0% |
| 每股收益（稀释后） | $3.98 | $1.56 |
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LINPM
| Q1 26 | $8.8M | $10.1B | ||
| Q4 25 | $8.8B | $10.4B | ||
| Q3 25 | $8.6B | $10.8B | ||
| Q2 25 | $8.5B | $10.1B | ||
| Q1 25 | $8.1B | $9.3B | ||
| Q4 24 | $8.3B | $9.7B | ||
| Q3 24 | $8.4B | $9.9B | ||
| Q2 24 | $8.3B | $9.5B |
净利润LINPM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.5B | $2.1B | ||
| Q3 25 | $1.9B | $3.5B | ||
| Q2 25 | $1.8B | $3.0B | ||
| Q1 25 | $1.7B | $2.7B | ||
| Q4 24 | $1.7B | $-579.0M | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.7B | $2.4B |
毛利率LINPM
| Q1 26 | 48.5% | 68.1% | ||
| Q4 25 | — | 65.6% | ||
| Q3 25 | — | 67.8% | ||
| Q2 25 | — | 67.7% | ||
| Q1 25 | — | 67.3% | ||
| Q4 24 | — | 64.7% | ||
| Q3 24 | — | 66.0% | ||
| Q2 24 | — | 64.7% |
营业利润率LINPM
| Q1 26 | 27.8% | 38.4% | ||
| Q4 25 | 23.0% | 32.6% | ||
| Q3 25 | 27.5% | 39.3% | ||
| Q2 25 | 27.7% | 36.6% | ||
| Q1 25 | 26.9% | 38.1% | ||
| Q4 24 | 27.4% | 33.6% | ||
| Q3 24 | 25.0% | 36.9% | ||
| Q2 24 | 26.4% | 36.4% |
净利率LINPM
| Q1 26 | — | 24.0% | ||
| Q4 25 | 17.5% | 20.7% | ||
| Q3 25 | 22.4% | 32.1% | ||
| Q2 25 | 20.8% | 30.0% | ||
| Q1 25 | 20.6% | 28.9% | ||
| Q4 24 | 20.8% | -6.0% | ||
| Q3 24 | 18.5% | 31.1% | ||
| Q2 24 | 20.1% | 25.4% |
每股收益（稀释后）LINPM
| Q1 26 | $3.98 | $1.56 | ||
| Q4 25 | $3.28 | $1.36 | ||
| Q3 25 | $4.09 | $2.23 | ||
| Q2 25 | $3.73 | $1.95 | ||
| Q1 25 | $3.51 | $1.72 | ||
| Q4 24 | $3.61 | $-0.37 | ||
| Q3 24 | $3.22 | $1.97 | ||
| Q2 24 | $3.44 | $1.54 |
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 | $4.0M | $5.5B |
| 总债务越低越好 | $24.7M | $49.5B |
| 股东权益账面价值 | $40.1M | — |
| 总资产 | $86.3M | $68.9B |
| 负债/权益比越低杠杆越低 | 0.62× | — |
8季度趋势，按日历期对齐
现金及短期投资LINPM
| Q1 26 | $4.0M | $5.5B | ||
| Q4 25 | $5.1B | $4.9B | ||
| Q3 25 | $4.5B | $4.0B | ||
| Q2 25 | $4.8B | $4.1B | ||
| Q1 25 | $5.3B | $4.4B | ||
| Q4 24 | $4.8B | $4.2B | ||
| Q3 24 | $5.2B | $4.3B | ||
| Q2 24 | $4.6B | $4.8B |
总债务LINPM
| Q1 26 | $24.7M | $49.5B | ||
| Q4 25 | $20.7B | $45.1B | ||
| Q3 25 | $18.6B | $41.9B | ||
| Q2 25 | $19.7B | $42.4B | ||
| Q1 25 | $17.6B | $38.8B | ||
| Q4 24 | $15.3B | $42.2B | ||
| Q3 24 | $17.5B | $44.2B | ||
| Q2 24 | $16.9B | $44.6B |
股东权益LINPM
| Q1 26 | $40.1M | — | ||
| Q4 25 | $38.2B | $-10.0B | ||
| Q3 25 | $38.6B | $-10.9B | ||
| Q2 25 | $38.5B | $-12.0B | ||
| Q1 25 | $38.0B | $-10.9B | ||
| Q4 24 | $38.1B | $-11.8B | ||
| Q3 24 | $39.2B | $-9.7B | ||
| Q2 24 | $38.2B | $-9.7B |
总资产LINPM
| Q1 26 | $86.3M | $68.9B | ||
| Q4 25 | $86.8B | $69.2B | ||
| Q3 25 | $86.0B | $67.1B | ||
| Q2 25 | $86.1B | $68.5B | ||
| Q1 25 | $82.7B | $65.1B | ||
| Q4 24 | $80.1B | $61.8B | ||
| Q3 24 | $82.5B | $66.9B | ||
| Q2 24 | $80.2B | $65.8B |
负债/权益比LINPM
| Q1 26 | 0.62× | — | ||
| Q4 25 | 0.54× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.51× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | 0.45× | — | ||
| Q2 24 | 0.44× | — |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $898.0K | — |
| 自由现金流率自由现金流/营收 | 10.2% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $4.2B | — |
8季度趋势，按日历期对齐
经营现金流LINPM
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $4.7B | ||
| Q3 25 | $2.9B | $4.5B | ||
| Q2 25 | $2.2B | $3.4B | ||
| Q1 25 | $2.2B | $-350.0M | ||
| Q4 24 | $2.8B | $4.0B | ||
| Q3 24 | $2.7B | $3.3B | ||
| Q2 24 | $1.9B | $4.6B |
自由现金流LINPM
| Q1 26 | $898.0K | — | ||
| Q4 25 | $1.6B | $4.3B | ||
| Q3 25 | $1.7B | $4.1B | ||
| Q2 25 | $954.0M | $3.1B | ||
| Q1 25 | $891.0M | $-754.0M | ||
| Q4 24 | $1.6B | $3.7B | ||
| Q3 24 | $1.7B | $3.0B | ||
| Q2 24 | $796.0M | $4.3B |
自由现金流率LINPM
| Q1 26 | 10.2% | — | ||
| Q4 25 | 17.9% | 41.2% | ||
| Q3 25 | 19.4% | 37.8% | ||
| Q2 25 | 11.2% | 30.1% | ||
| Q1 25 | 11.0% | -8.1% | ||
| Q4 24 | 18.8% | 38.4% | ||
| Q3 24 | 19.9% | 29.9% | ||
| Q2 24 | 9.6% | 45.0% |
资本支出强度LINPM
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | 4.3% | ||
| Q3 25 | 14.8% | 3.4% | ||
| Q2 25 | 14.8% | 3.5% | ||
| Q1 25 | 15.7% | 4.3% | ||
| Q4 24 | 15.1% | 2.9% | ||
| Q3 24 | 12.8% | 3.8% | ||
| Q2 24 | 13.7% | 3.9% |
现金转化率LINPM
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 2.20× | ||
| Q3 25 | 1.53× | 1.28× | ||
| Q2 25 | 1.25× | 1.12× | ||
| Q1 25 | 1.29× | -0.13× | ||
| Q4 24 | 1.63× | — | ||
| Q3 24 | 1.76× | 1.08× | ||
| Q2 24 | 1.16× | 1.93× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
