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Meta Platforms（META）与壳牌（SHEL）财务数据对比。点击上方公司名可切换其他公司
壳牌的季度营收约是Meta Platforms的1.1倍（$65.4B vs $59.9B），Meta Platforms净利率更高（38.0% vs 5.6%，领先32.4%），Meta Platforms同比增速更快（23.8% vs -12.2%），过去两年Meta Platforms的营收复合增速更高（28.2% vs -11.9%）
Meta Platforms是总部位于美国加利福尼亚州门洛帕克的跨国科技巨头，属于全球头部科技企业阵营。旗下运营Facebook、Instagram、WhatsApp、Messenger、Threads等多款知名社交媒体及通讯服务，同时开展自有及第三方站点广告业务，2023年广告收入占其总营收的97.8%。
壳牌是总部位于英国伦敦的跨国油气企业，为国际石油巨头的核心成员。公司为公众有限公司，在伦敦证券交易所主上市，同时在阿姆斯特丹泛欧交易所、纽约证券交易所二次上市，按营收计是全球第二大投资者所有油气企业，也位列全球全行业规模最大的企业行列。
META vs SHEL — 直观对比
营收规模更大
SHEL
是对方的1.1倍
$59.9B
营收增速更快
META
高出35.9%
-12.2%
净利率更高
META
高出32.4%
5.6%
两年增速更快
META
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $59.9B | $65.4B |
| 净利润 | $22.8B | $3.6B |
| 毛利率 | 81.8% | — |
| 营业利润率 | 41.3% | — |
| 净利率 | 38.0% | 5.6% |
| 营收同比 | 23.8% | -12.2% |
| 净利润同比 | 9.3% | -0.2% |
| 每股收益（稀释后） | $8.87 | — |
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METASHEL
| Q4 25 | $59.9B | — | ||
| Q3 25 | $51.2B | — | ||
| Q2 25 | $47.5B | $65.4B | ||
| Q1 25 | $42.3B | $69.2B | ||
| Q4 24 | $48.4B | — | ||
| Q3 24 | $40.6B | — | ||
| Q2 24 | $39.1B | $74.5B | ||
| Q1 24 | $36.5B | $72.5B |
净利润METASHEL
| Q4 25 | $22.8B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $18.3B | $3.6B | ||
| Q1 25 | $16.6B | $4.9B | ||
| Q4 24 | $20.8B | — | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $13.5B | $3.6B | ||
| Q1 24 | $12.4B | $7.4B |
毛利率METASHEL
| Q4 25 | 81.8% | — | ||
| Q3 25 | 82.0% | — | ||
| Q2 25 | 82.1% | — | ||
| Q1 25 | 82.1% | — | ||
| Q4 24 | 81.7% | — | ||
| Q3 24 | 81.8% | — | ||
| Q2 24 | 81.3% | — | ||
| Q1 24 | 81.8% | — |
营业利润率METASHEL
| Q4 25 | 41.3% | — | ||
| Q3 25 | 40.1% | — | ||
| Q2 25 | 43.0% | — | ||
| Q1 25 | 41.5% | — | ||
| Q4 24 | 48.3% | — | ||
| Q3 24 | 42.7% | — | ||
| Q2 24 | 38.0% | — | ||
| Q1 24 | 37.9% | — |
净利率METASHEL
| Q4 25 | 38.0% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 38.6% | 5.6% | ||
| Q1 25 | 39.3% | 7.0% | ||
| Q4 24 | 43.1% | — | ||
| Q3 24 | 38.7% | — | ||
| Q2 24 | 34.5% | 4.9% | ||
| Q1 24 | 33.9% | 10.3% |
每股收益（稀释后）METASHEL
| Q4 25 | $8.87 | — | ||
| Q3 25 | $1.05 | — | ||
| Q2 25 | $7.14 | — | ||
| Q1 25 | $6.43 | — | ||
| Q4 24 | $7.96 | — | ||
| Q3 24 | $6.03 | — | ||
| Q2 24 | $5.16 | — | ||
| Q1 24 | $4.71 | — |
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 | $81.6B | $32.7B |
| 总债务越低越好 | $58.7B | — |
| 股东权益账面价值 | $217.2B | $183.1B |
| 总资产 | $366.0B | $387.9B |
| 负债/权益比越低杠杆越低 | 0.27× | — |
8季度趋势，按日历期对齐
现金及短期投资METASHEL
| Q4 25 | $81.6B | — | ||
| Q3 25 | $44.4B | — | ||
| Q2 25 | $47.1B | $32.7B | ||
| Q1 25 | $70.2B | $35.6B | ||
| Q4 24 | $77.8B | — | ||
| Q3 24 | $70.9B | — | ||
| Q2 24 | $58.1B | $38.1B | ||
| Q1 24 | $58.1B | $39.9B |
总债务METASHEL
| Q4 25 | $58.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $28.8B | — | ||
| Q3 24 | $28.8B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益METASHEL
| Q4 25 | $217.2B | — | ||
| Q3 25 | $194.1B | — | ||
| Q2 25 | $195.1B | $183.1B | ||
| Q1 25 | $185.0B | — | ||
| Q4 24 | $182.6B | — | ||
| Q3 24 | $164.5B | — | ||
| Q2 24 | $156.8B | $187.2B | ||
| Q1 24 | $149.5B | — |
总资产METASHEL
| Q4 25 | $366.0B | — | ||
| Q3 25 | $303.8B | — | ||
| Q2 25 | $294.7B | $387.9B | ||
| Q1 25 | $280.2B | — | ||
| Q4 24 | $276.1B | — | ||
| Q3 24 | $256.4B | — | ||
| Q2 24 | $230.2B | $394.8B | ||
| Q1 24 | $222.8B | — |
负债/权益比METASHEL
| Q4 25 | 0.27× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.16× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $36.2B | $11.9B |
| 自由现金流经营现金流 - 资本支出 | $14.8B | — |
| 自由现金流率自由现金流/营收 | 24.8% | — |
| 资本支出强度资本支出/营收 | 35.7% | — |
| 现金转化率经营现金流/净利润 | 1.59× | 3.28× |
| 过去12个月自由现金流最近4个季度 | $46.1B | — |
8季度趋势，按日历期对齐
经营现金流METASHEL
| Q4 25 | $36.2B | — | ||
| Q3 25 | $30.0B | — | ||
| Q2 25 | $25.6B | $11.9B | ||
| Q1 25 | $24.0B | $9.3B | ||
| Q4 24 | $28.0B | — | ||
| Q3 24 | $24.7B | — | ||
| Q2 24 | $19.4B | $13.5B | ||
| Q1 24 | $19.2B | $13.3B |
自由现金流METASHEL
| Q4 25 | $14.8B | — | ||
| Q3 25 | $11.2B | — | ||
| Q2 25 | $9.0B | — | ||
| Q1 25 | $11.1B | — | ||
| Q4 24 | $13.6B | — | ||
| Q3 24 | $16.5B | — | ||
| Q2 24 | $11.2B | — | ||
| Q1 24 | $12.8B | — |
自由现金流率METASHEL
| Q4 25 | 24.8% | — | ||
| Q3 25 | 21.8% | — | ||
| Q2 25 | 19.0% | — | ||
| Q1 25 | 26.2% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 40.6% | — | ||
| Q2 24 | 28.7% | — | ||
| Q1 24 | 35.2% | — |
资本支出强度METASHEL
| Q4 25 | 35.7% | — | ||
| Q3 25 | 36.7% | — | ||
| Q2 25 | 34.8% | — | ||
| Q1 25 | 30.6% | — | ||
| Q4 24 | 29.8% | — | ||
| Q3 24 | 20.3% | — | ||
| Q2 24 | 20.9% | — | ||
| Q1 24 | 17.6% | — |
现金转化率METASHEL
| Q4 25 | 1.59× | — | ||
| Q3 25 | 11.07× | — | ||
| Q2 25 | 1.39× | 3.28× | ||
| Q1 25 | 1.44× | 1.90× | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.58× | — | ||
| Q2 24 | 1.44× | 3.70× | ||
| Q1 24 | 1.56× | 1.79× |
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
META
| Advertising | $58.1B | 97% |
| Reality Labs | $955.0M | 2% |
| Service Other | $801.0M | 1% |
SHEL
暂无分部数据
