vs
林德（LIN）与斯伦贝谢（SLB）财务数据对比。点击上方公司名可切换其他公司
林德的季度营收约是斯伦贝谢的1.0倍（$8.8B vs $8.7B），林德净利率更高（17.5% vs 8.6%，领先8.8%），林德同比增速更快（5.8% vs 2.7%），林德自由现金流更多（$1.6B vs $103.0M），过去两年林德的营收复合增速更高（4.0% vs -2.3%）
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。
SLB前身为斯伦贝谢，是全球知名的跨国油田服务企业。1926年创立于法国，现注册地为库拉索威廉斯塔德，在巴黎、休斯敦、伦敦、海牙四地设有核心行政办公室，截至2022年按营收计算是全球最大的海上钻井企业及海上钻井承包商。
LIN vs SLB — 直观对比
营收规模更大
LIN
是对方的1.0倍
$8.7B
营收增速更快
LIN
高出3.1%
2.7%
净利率更高
LIN
高出8.8%
8.6%
自由现金流更多
LIN
多$1.5B
$103.0M
两年增速更快
LIN
近两年复合增速
-2.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $8.8B | $8.7B |
| 净利润 | $1.5B | $752.0M |
| 毛利率 | — | — |
| 营业利润率 | 23.0% | — |
| 净利率 | 17.5% | 8.6% |
| 营收同比 | 5.8% | 2.7% |
| 净利润同比 | -11.3% | -5.6% |
| 每股收益（稀释后） | $3.28 | $0.50 |
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LINSLB
| Q1 26 | — | $8.7B | ||
| Q4 25 | $8.8B | $9.7B | ||
| Q3 25 | $8.6B | $8.9B | ||
| Q2 25 | $8.5B | $8.5B | ||
| Q1 25 | $8.1B | $8.5B | ||
| Q4 24 | $8.3B | $9.3B | ||
| Q3 24 | $8.4B | $9.2B | ||
| Q2 24 | $8.3B | $9.1B |
净利润LINSLB
| Q1 26 | — | $752.0M | ||
| Q4 25 | $1.5B | $824.0M | ||
| Q3 25 | $1.9B | $739.0M | ||
| Q2 25 | $1.8B | $1.0B | ||
| Q1 25 | $1.7B | $797.0M | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.7B | $1.1B |
营业利润率LINSLB
| Q1 26 | — | — | ||
| Q4 25 | 23.0% | 9.7% | ||
| Q3 25 | 27.5% | 11.2% | ||
| Q2 25 | 27.7% | 15.0% | ||
| Q1 25 | 26.9% | 12.5% | ||
| Q4 24 | 27.4% | 14.9% | ||
| Q3 24 | 25.0% | 16.5% | ||
| Q2 24 | 26.4% | 15.5% |
净利率LINSLB
| Q1 26 | — | 8.6% | ||
| Q4 25 | 17.5% | 8.5% | ||
| Q3 25 | 22.4% | 8.3% | ||
| Q2 25 | 20.8% | 11.9% | ||
| Q1 25 | 20.6% | 9.4% | ||
| Q4 24 | 20.8% | 11.8% | ||
| Q3 24 | 18.5% | 12.9% | ||
| Q2 24 | 20.1% | 12.2% |
每股收益（稀释后）LINSLB
| Q1 26 | — | $0.50 | ||
| Q4 25 | $3.28 | $0.53 | ||
| Q3 25 | $4.09 | $0.50 | ||
| Q2 25 | $3.73 | $0.74 | ||
| Q1 25 | $3.51 | $0.58 | ||
| Q4 24 | $3.61 | $0.77 | ||
| Q3 24 | $3.22 | $0.83 | ||
| Q2 24 | $3.44 | $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 | $5.1B | $3.4B |
| 总债务越低越好 | $20.7B | $9.7B |
| 股东权益账面价值 | $38.2B | $27.4B |
| 总资产 | $86.8B | $19.3B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资LINSLB
| Q1 26 | — | $3.4B | ||
| Q4 25 | $5.1B | $1.2B | ||
| Q3 25 | $4.5B | $571.0M | ||
| Q2 25 | $4.8B | $511.0M | ||
| Q1 25 | $5.3B | $961.0M | ||
| Q4 24 | $4.8B | $1.1B | ||
| Q3 24 | $5.2B | $1.4B | ||
| Q2 24 | $4.6B | $1.1B |
总债务LINSLB
| Q1 26 | — | $9.7B | ||
| Q4 25 | $20.7B | — | ||
| Q3 25 | $18.6B | — | ||
| Q2 25 | $19.7B | — | ||
| Q1 25 | $17.6B | — | ||
| Q4 24 | $15.3B | — | ||
| Q3 24 | $17.5B | — | ||
| Q2 24 | $16.9B | — |
股东权益LINSLB
| Q1 26 | — | $27.4B | ||
| Q4 25 | $38.2B | $26.1B | ||
| Q3 25 | $38.6B | $25.6B | ||
| Q2 25 | $38.5B | $20.3B | ||
| Q1 25 | $38.0B | $19.5B | ||
| Q4 24 | $38.1B | $21.1B | ||
| Q3 24 | $39.2B | $21.5B | ||
| Q2 24 | $38.2B | $21.1B |
总资产LINSLB
| Q1 26 | — | $19.3B | ||
| Q4 25 | $86.8B | $54.9B | ||
| Q3 25 | $86.0B | $55.1B | ||
| Q2 25 | $86.1B | $48.8B | ||
| Q1 25 | $82.7B | $49.0B | ||
| Q4 24 | $80.1B | $48.9B | ||
| Q3 24 | $82.5B | $49.8B | ||
| Q2 24 | $80.2B | $49.4B |
负债/权益比LINSLB
| Q1 26 | — | 0.35× | ||
| 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 | $3.0B | — |
| 自由现金流经营现金流 - 资本支出 | $1.6B | $103.0M |
| 自由现金流率自由现金流/营收 | 17.9% | 1.2% |
| 资本支出强度资本支出/营收 | 16.6% | — |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | $5.1B | $4.6B |
8季度趋势，按日历期对齐
经营现金流LINSLB
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $3.0B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $2.2B | $660.0M | ||
| Q4 24 | $2.8B | $2.4B | ||
| Q3 24 | $2.7B | $2.4B | ||
| Q2 24 | $1.9B | $1.4B |
自由现金流LINSLB
| Q1 26 | — | $103.0M | ||
| Q4 25 | $1.6B | $2.5B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $954.0M | $771.0M | ||
| Q1 25 | $891.0M | $262.0M | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.7B | $2.0B | ||
| Q2 24 | $796.0M | $973.0M |
自由现金流率LINSLB
| Q1 26 | — | 1.2% | ||
| Q4 25 | 17.9% | 25.5% | ||
| Q3 25 | 19.4% | 14.3% | ||
| Q2 25 | 11.2% | 9.0% | ||
| Q1 25 | 11.0% | 3.1% | ||
| Q4 24 | 18.8% | 19.2% | ||
| Q3 24 | 19.9% | 21.7% | ||
| Q2 24 | 9.6% | 10.6% |
资本支出强度LINSLB
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | 5.3% | ||
| Q3 25 | 14.8% | 4.6% | ||
| Q2 25 | 14.8% | 4.3% | ||
| Q1 25 | 15.7% | 4.7% | ||
| Q4 24 | 15.1% | 6.6% | ||
| Q3 24 | 12.8% | 5.0% | ||
| Q2 24 | 13.7% | 5.1% |
现金转化率LINSLB
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 3.65× | ||
| Q3 25 | 1.53× | 2.28× | ||
| Q2 25 | 1.25× | 1.13× | ||
| Q1 25 | 1.29× | 0.83× | ||
| Q4 24 | 1.63× | 2.18× | ||
| Q3 24 | 1.76× | 2.06× | ||
| Q2 24 | 1.16× | 1.29× |
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
LIN
| Other | $4.9B | 56% |
| Packaged Gas | $1.6B | 19% |
| Merchant | $1.2B | 14% |
| On Site | $950.0M | 11% |
| Other Distribution Methods | $64.0M | 1% |
SLB
暂无分部数据
