vs
3M（MMM）与摩根士丹利（MS）财务数据对比。点击上方公司名可切换其他公司
摩根士丹利的季度营收约是3M的1.8倍（$10.7B vs $6.0B），摩根士丹利净利率更高（52.6% vs 10.8%，领先41.8%），摩根士丹利同比增速更快（16.0% vs 1.3%），过去两年3M的营收复合增速更高（-1.8% vs -15.8%）
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。
摩根士丹利是总部位于美国纽约曼哈顿中城百老汇1585号的跨国投资银行及金融服务提供商，在全球42个国家设有办事处，员工超8万名，服务客户涵盖企业、政府、机构及个人。2023年该公司位列美国财富500强第61位，同年位居福布斯全球2000强第30位。
MMM vs MS — 直观对比
营收规模更大
MS
是对方的1.8倍
$6.0B
营收增速更快
MS
高出14.7%
1.3%
净利率更高
MS
高出41.8%
10.8%
两年增速更快
MMM
近两年复合增速
-15.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $10.7B |
| 净利润 | $653.0M | $5.6B |
| 毛利率 | 40.7% | — |
| 营业利润率 | 23.2% | — |
| 净利率 | 10.8% | 52.6% |
| 营收同比 | 1.3% | 16.0% |
| 净利润同比 | -41.5% | — |
| 每股收益（稀释后） | $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MMMMS
| Q1 26 | $6.0B | $10.7B | ||
| Q4 25 | $6.1B | $17.9B | ||
| Q3 25 | $6.5B | $18.2B | ||
| Q2 25 | $6.3B | $16.8B | ||
| Q1 25 | $6.0B | $17.7B | ||
| Q4 24 | $6.0B | — | ||
| Q3 24 | $6.3B | $15.4B | ||
| Q2 24 | $6.3B | $15.0B |
净利润MMMMS
| Q1 26 | $653.0M | $5.6B | ||
| Q4 25 | $577.0M | $4.4B | ||
| Q3 25 | $834.0M | $4.6B | ||
| Q2 25 | $723.0M | $3.5B | ||
| Q1 25 | $1.1B | $4.3B | ||
| Q4 24 | $728.0M | — | ||
| Q3 24 | $1.4B | $3.2B | ||
| Q2 24 | $1.1B | $3.1B |
毛利率MMMMS
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | — | ||
| Q3 25 | 41.8% | — | ||
| Q2 25 | 42.5% | — | ||
| Q1 25 | 41.6% | — | ||
| Q4 24 | 51.7% | — | ||
| Q3 24 | 42.1% | — | ||
| Q2 24 | 42.9% | — |
营业利润率MMMMS
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | 32.2% | ||
| Q3 25 | 22.2% | 33.1% | ||
| Q2 25 | 18.0% | 27.5% | ||
| Q1 25 | 20.9% | 31.3% | ||
| Q4 24 | 12.2% | — | ||
| Q3 24 | 20.9% | 27.4% | ||
| Q2 24 | 20.3% | 27.1% |
净利率MMMMS
| Q1 26 | 10.8% | 52.6% | ||
| Q4 25 | 9.4% | 24.6% | ||
| Q3 25 | 12.8% | 25.3% | ||
| Q2 25 | 11.4% | 21.1% | ||
| Q1 25 | 18.7% | 24.3% | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 21.8% | 20.7% | ||
| Q2 24 | 18.3% | 20.5% |
每股收益（稀释后）MMMMS
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $2.68 | ||
| Q3 25 | $1.55 | $2.80 | ||
| Q2 25 | $1.34 | $2.13 | ||
| Q1 25 | $2.04 | $2.60 | ||
| Q4 24 | $1.33 | — | ||
| Q3 24 | $2.48 | $1.88 | ||
| Q2 24 | $2.07 | $1.82 |
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 | $3.7B | — |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $3.3B | $5.1M |
| 总资产 | $35.4B | $1581.4B |
| 负债/权益比越低杠杆越低 | 3.29× | — |
8季度趋势，按日历期对齐
现金及短期投资MMMMS
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $111.7B | ||
| Q3 25 | — | $103.7B | ||
| Q2 25 | — | $109.1B | ||
| Q1 25 | — | $90.7B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $91.1B | ||
| Q2 24 | — | $90.2B |
总债务MMMMS
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $341.7B | ||
| Q3 25 | $12.6B | $324.1B | ||
| Q2 25 | $13.1B | $320.1B | ||
| Q1 25 | $13.5B | $297.0B | ||
| Q4 24 | $13.0B | — | ||
| Q3 24 | $13.2B | $291.2B | ||
| Q2 24 | $13.1B | $269.9B |
股东权益MMMMS
| Q1 26 | $3.3B | $5.1M | ||
| Q4 25 | $4.7B | $111.6B | ||
| Q3 25 | $4.6B | $110.0B | ||
| Q2 25 | $4.3B | $108.2B | ||
| Q1 25 | $4.5B | $106.8B | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $4.6B | $103.6B | ||
| Q2 24 | $3.9B | $100.7B |
总资产MMMMS
| Q1 26 | $35.4B | $1581.4B | ||
| Q4 25 | $37.7B | $1420.3B | ||
| Q3 25 | $37.6B | $1364.8B | ||
| Q2 25 | $38.0B | $1353.9B | ||
| Q1 25 | $40.0B | $1300.3B | ||
| Q4 24 | $39.9B | — | ||
| Q3 24 | $40.9B | $1258.0B | ||
| Q2 24 | $43.4B | $1212.4B |
负债/权益比MMMMS
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 3.06× | ||
| Q3 25 | 2.72× | 2.95× | ||
| Q2 25 | 3.06× | 2.96× | ||
| Q1 25 | 3.02× | 2.78× | ||
| Q4 24 | 3.40× | — | ||
| Q3 24 | 2.84× | 2.81× | ||
| Q2 24 | 3.34× | 2.68× |
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
MMM
| Personal Safety | $912.0M | 15% |
| Commercial Branding and Transportation | $640.0M | 11% |
| Industrial Adhesives and Tapes | $604.0M | 10% |
| Electronics | $577.0M | 10% |
| Automotive and Aerospace | $484.0M | 8% |
| Electrical Markets | $356.0M | 6% |
| Abrasives | $349.0M | 6% |
| Home and Auto Care | $328.0M | 5% |
| Home Improvement | $311.0M | 5% |
| Automotive Aftermarket | $304.0M | 5% |
| Industrial Specialties Division | $286.0M | 5% |
| Consumer Safety and Well-Being | $278.0M | 5% |
| Packaging and Expression | $214.0M | 4% |
| Advanced Materials | $147.0M | 2% |
| Corporate | $121.0M | 2% |
| Roofing Granules | $119.0M | 2% |
MS
暂无分部数据
