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亿滋国际（MDLZ）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
亿滋国际的季度营收约是3M的1.7倍（$10.1B vs $6.0B），3M净利率更高（10.8% vs 5.6%，领先5.2%），亿滋国际同比增速更快（8.2% vs 1.3%），3M自由现金流更多（$2.0B vs $155.0M），过去两年亿滋国际的营收复合增速更高（9.9% vs -1.8%）
亿滋国际是总部位于美国芝加哥的跨国休闲食品及饮料巨头，主营糖果、零食等快消品类，业务覆盖全球约160个国家和地区，年营收约265亿美元，2021年位列《财富》美国500强榜单第108名。
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。
MDLZ vs MMM — 直观对比
营收规模更大
MDLZ
是对方的1.7倍
$6.0B
营收增速更快
MDLZ
高出6.9%
1.3%
净利率更高
MMM
高出5.2%
5.6%
自由现金流更多
MMM
多$1.9B
$155.0M
两年增速更快
MDLZ
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.1B | $6.0B |
| 净利润 | $564.0M | $653.0M |
| 毛利率 | 27.8% | 40.7% |
| 营业利润率 | 8.0% | 23.2% |
| 净利率 | 5.6% | 10.8% |
| 营收同比 | 8.2% | 1.3% |
| 净利润同比 | 38.6% | -41.5% |
| 每股收益（稀释后） | $0.44 | $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MDLZMMM
| Q1 26 | $10.1B | $6.0B | ||
| Q4 25 | $10.5B | $6.1B | ||
| Q3 25 | $9.7B | $6.5B | ||
| Q2 25 | $9.0B | $6.3B | ||
| Q1 25 | $9.3B | $6.0B | ||
| Q4 24 | $9.6B | $6.0B | ||
| Q3 24 | $9.2B | $6.3B | ||
| Q2 24 | $8.3B | $6.3B |
净利润MDLZMMM
| Q1 26 | $564.0M | $653.0M | ||
| Q4 25 | $665.0M | $577.0M | ||
| Q3 25 | $743.0M | $834.0M | ||
| Q2 25 | $641.0M | $723.0M | ||
| Q1 25 | $402.0M | $1.1B | ||
| Q4 24 | $1.7B | $728.0M | ||
| Q3 24 | $853.0M | $1.4B | ||
| Q2 24 | $601.0M | $1.1B |
毛利率MDLZMMM
| Q1 26 | 27.8% | 40.7% | ||
| Q4 25 | 28.2% | 33.6% | ||
| Q3 25 | 26.8% | 41.8% | ||
| Q2 25 | 32.7% | 42.5% | ||
| Q1 25 | 26.1% | 41.6% | ||
| Q4 24 | 38.6% | 51.7% | ||
| Q3 24 | 32.6% | 42.1% | ||
| Q2 24 | 33.5% | 42.9% |
营业利润率MDLZMMM
| Q1 26 | 8.0% | 23.2% | ||
| Q4 25 | 9.1% | 13.0% | ||
| Q3 25 | 7.6% | 22.2% | ||
| Q2 25 | 13.0% | 18.0% | ||
| Q1 25 | 7.3% | 20.9% | ||
| Q4 24 | 16.8% | 12.2% | ||
| Q3 24 | 12.5% | 20.9% | ||
| Q2 24 | 10.2% | 20.3% |
净利率MDLZMMM
| Q1 26 | 5.6% | 10.8% | ||
| Q4 25 | 6.3% | 9.4% | ||
| Q3 25 | 7.6% | 12.8% | ||
| Q2 25 | 7.1% | 11.4% | ||
| Q1 25 | 4.3% | 18.7% | ||
| Q4 24 | 18.2% | 12.1% | ||
| Q3 24 | 9.3% | 21.8% | ||
| Q2 24 | 7.2% | 18.3% |
每股收益（稀释后）MDLZMMM
| Q1 26 | $0.44 | $1.23 | ||
| Q4 25 | $0.52 | $1.07 | ||
| Q3 25 | $0.57 | $1.55 | ||
| Q2 25 | $0.49 | $1.34 | ||
| Q1 25 | $0.31 | $2.04 | ||
| Q4 24 | $1.30 | $1.33 | ||
| Q3 24 | $0.63 | $2.48 | ||
| Q2 24 | $0.45 | $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 | $1.5B | $3.7B |
| 总债务越低越好 | $18.3B | $10.9B |
| 股东权益账面价值 | $25.8B | $3.3B |
| 总资产 | $71.1B | $35.4B |
| 负债/权益比越低杠杆越低 | 0.71× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资MDLZMMM
| Q1 26 | $1.5B | $3.7B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务MDLZMMM
| Q1 26 | $18.3B | $10.9B | ||
| Q4 25 | $17.2B | $12.6B | ||
| Q3 25 | $17.1B | $12.6B | ||
| Q2 25 | $18.1B | $13.1B | ||
| Q1 25 | $15.8B | $13.5B | ||
| Q4 24 | $15.7B | $13.0B | ||
| Q3 24 | $16.5B | $13.2B | ||
| Q2 24 | $16.1B | $13.1B |
股东权益MDLZMMM
| Q1 26 | $25.8B | $3.3B | ||
| Q4 25 | $25.8B | $4.7B | ||
| Q3 25 | $26.2B | $4.6B | ||
| Q2 25 | $26.2B | $4.3B | ||
| Q1 25 | $25.8B | $4.5B | ||
| Q4 24 | $26.9B | $3.8B | ||
| Q3 24 | $27.9B | $4.6B | ||
| Q2 24 | $27.7B | $3.9B |
总资产MDLZMMM
| Q1 26 | $71.1B | $35.4B | ||
| Q4 25 | $71.5B | $37.7B | ||
| Q3 25 | $71.4B | $37.6B | ||
| Q2 25 | $71.0B | $38.0B | ||
| Q1 25 | $68.9B | $40.0B | ||
| Q4 24 | $68.5B | $39.9B | ||
| Q3 24 | $72.2B | $40.9B | ||
| Q2 24 | $73.1B | $43.4B |
负债/权益比MDLZMMM
| Q1 26 | 0.71× | 3.29× | ||
| Q4 25 | 0.67× | 2.68× | ||
| Q3 25 | 0.65× | 2.72× | ||
| Q2 25 | 0.69× | 3.06× | ||
| Q1 25 | 0.61× | 3.02× | ||
| Q4 24 | 0.58× | 3.40× | ||
| Q3 24 | 0.59× | 2.84× | ||
| Q2 24 | 0.58× | 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 | $467.0M | — |
| 自由现金流经营现金流 - 资本支出 | $155.0M | $2.0B |
| 自由现金流率自由现金流/营收 | 1.5% | 33.6% |
| 资本支出强度资本支出/营收 | 3.1% | — |
| 现金转化率经营现金流/净利润 | 0.83× | — |
| 过去12个月自由现金流最近4个季度 | $2.6B | $3.7B |
8季度趋势，按日历期对齐
经营现金流MDLZMMM
| Q1 26 | $467.0M | — | ||
| Q4 25 | $2.4B | $1.6B | ||
| Q3 25 | $717.0M | $1.8B | ||
| Q2 25 | $308.0M | $-954.0M | ||
| Q1 25 | $1.1B | $-79.0M | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.3B | $-1.8B | ||
| Q2 24 | $822.0M | $1.0B |
自由现金流MDLZMMM
| Q1 26 | $155.0M | $2.0B | ||
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $418.0M | $1.5B | ||
| Q2 25 | $3.0M | $-1.2B | ||
| Q1 25 | $815.0M | $-315.0M | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $989.0M | $-2.0B | ||
| Q2 24 | $455.0M | $752.0M |
自由现金流率MDLZMMM
| Q1 26 | 1.5% | 33.6% | ||
| Q4 25 | 19.0% | 21.8% | ||
| Q3 25 | 4.3% | 23.6% | ||
| Q2 25 | 0.0% | -18.3% | ||
| Q1 25 | 8.8% | -5.3% | ||
| Q4 24 | 11.0% | 25.4% | ||
| Q3 24 | 10.7% | -32.3% | ||
| Q2 24 | 5.5% | 12.0% |
资本支出强度MDLZMMM
| Q1 26 | 3.1% | — | ||
| Q4 25 | 3.8% | 4.0% | ||
| Q3 25 | 3.1% | 3.3% | ||
| Q2 25 | 3.4% | 3.3% | ||
| Q1 25 | 3.0% | 4.0% | ||
| Q4 24 | 4.2% | 4.8% | ||
| Q3 24 | 3.4% | 3.9% | ||
| Q2 24 | 4.4% | 4.3% |
现金转化率MDLZMMM
| Q1 26 | 0.83× | — | ||
| Q4 25 | 3.60× | 2.74× | ||
| Q3 25 | 0.97× | 2.11× | ||
| Q2 25 | 0.48× | -1.32× | ||
| Q1 25 | 2.72× | -0.07× | ||
| Q4 24 | 0.84× | 2.50× | ||
| Q3 24 | 1.53× | -1.30× | ||
| Q2 24 | 1.37× | 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
MDLZ
暂无分部数据
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% |
