vs
3M（MMM）与NN INC（NNBR）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是NN INC的57.6倍（$6.0B vs $104.7M）。3M净利率更高（10.8% vs -12.0%，领先22.8%）。3M同比增速更快（1.3% vs -1.7%）。3M自由现金流更多（$2.0B vs $-3.3M）。过去两年3M的营收复合增速更高（-1.8% vs -7.0%）
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。
NN集团是NN投资伙伴与荷兰国家保险的母公司，旗下荷兰国家保险是荷兰规模最大的保险与资产管理机构之一。集团总部设于荷兰海牙，鹿特丹办事处坐落于代尔夫特门大厦，该大厦2009年之前一直是荷兰最高摩天楼，除此之外集团在荷兰埃德也设有办事处。
MMM vs NNBR — 直观对比
营收规模更大
MMM
是对方的57.6倍
$104.7M
营收增速更快
MMM
高出3.0%
-1.7%
净利率更高
MMM
高出22.8%
-12.0%
自由现金流更多
MMM
多$2.0B
$-3.3M
两年增速更快
MMM
近两年复合增速
-7.0%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $104.7M |
| 净利润 | $653.0M | $-12.5M |
| 毛利率 | 40.7% | — |
| 营业利润率 | 23.2% | -9.9% |
| 净利率 | 10.8% | -12.0% |
| 营收同比 | 1.3% | -1.7% |
| 净利润同比 | -41.5% | 40.2% |
| 每股收益（稀释后） | $1.23 | $-0.35 |
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MMMNNBR
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $104.7M | ||
| Q3 25 | $6.5B | $103.9M | ||
| Q2 25 | $6.3B | $107.9M | ||
| Q1 25 | $6.0B | $105.7M | ||
| Q4 24 | $6.0B | $106.5M | ||
| Q3 24 | $6.3B | $113.6M | ||
| Q2 24 | $6.3B | $123.0M |
净利润MMMNNBR
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $-12.5M | ||
| Q3 25 | $834.0M | $-6.7M | ||
| Q2 25 | $723.0M | $-8.1M | ||
| Q1 25 | $1.1B | $-6.7M | ||
| Q4 24 | $728.0M | $-21.0M | ||
| Q3 24 | $1.4B | $-2.6M | ||
| Q2 24 | $1.1B | $-2.2M |
毛利率MMMNNBR
| 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MMMNNBR
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | -9.9% | ||
| Q3 25 | 22.2% | -2.2% | ||
| Q2 25 | 18.0% | -1.4% | ||
| Q1 25 | 20.9% | -4.5% | ||
| Q4 24 | 12.2% | -15.8% | ||
| Q3 24 | 20.9% | -3.3% | ||
| Q2 24 | 20.3% | -1.7% |
净利率MMMNNBR
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | -12.0% | ||
| Q3 25 | 12.8% | -6.4% | ||
| Q2 25 | 11.4% | -7.5% | ||
| Q1 25 | 18.7% | -6.3% | ||
| Q4 24 | 12.1% | -19.7% | ||
| Q3 24 | 21.8% | -2.3% | ||
| Q2 24 | 18.3% | -1.8% |
每股收益（稀释后）MMMNNBR
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $-0.35 | ||
| Q3 25 | $1.55 | $-0.23 | ||
| Q2 25 | $1.34 | $-0.26 | ||
| Q1 25 | $2.04 | $-0.23 | ||
| Q4 24 | $1.33 | $-0.52 | ||
| Q3 24 | $2.48 | $-0.13 | ||
| Q2 24 | $2.07 | $-0.12 |
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 | $11.4M |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $3.3B | $34.0M |
| 总资产 | $35.4B | $440.8M |
| 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MMMNNBR
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $11.4M | ||
| Q3 25 | — | $12.2M | ||
| Q2 25 | — | $9.5M | ||
| Q1 25 | — | $11.7M | ||
| Q4 24 | — | $18.1M | ||
| Q3 24 | — | $12.4M | ||
| Q2 24 | — | $13.7M |
总债务MMMNNBR
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | — | ||
| Q3 25 | $12.6B | — | ||
| Q2 25 | $13.1B | — | ||
| Q1 25 | $13.5B | — | ||
| Q4 24 | $13.0B | — | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | $13.1B | — |
股东权益MMMNNBR
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $34.0M | ||
| Q3 25 | $4.6B | $49.6M | ||
| Q2 25 | $4.3B | $59.5M | ||
| Q1 25 | $4.5B | $67.3M | ||
| Q4 24 | $3.8B | $74.5M | ||
| Q3 24 | $4.6B | $106.6M | ||
| Q2 24 | $3.9B | $108.4M |
总资产MMMNNBR
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $440.8M | ||
| Q3 25 | $37.6B | $451.0M | ||
| Q2 25 | $38.0B | $460.8M | ||
| Q1 25 | $40.0B | $460.7M | ||
| Q4 24 | $39.9B | $456.9M | ||
| Q3 24 | $40.9B | $483.1M | ||
| Q2 24 | $43.4B | $497.2M |
负债/权益比MMMNNBR
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | — | ||
| Q3 25 | 2.72× | — | ||
| Q2 25 | 3.06× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 3.40× | — | ||
| Q3 24 | 2.84× | — | ||
| Q2 24 | 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 | — | $-1.5M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $-3.3M |
| 自由现金流率自由现金流/营收 | 33.6% | -3.2% |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 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 | $3.7B | $-7.2M |
8季度趋势，按日历期对齐
经营现金流MMMNNBR
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $-1.5M | ||
| Q3 25 | $1.8B | $11.2M | ||
| Q2 25 | $-954.0M | $-696.0K | ||
| Q1 25 | $-79.0M | $-3.3M | ||
| Q4 24 | $1.8B | $6.7M | ||
| Q3 24 | $-1.8B | $5.0M | ||
| Q2 24 | $1.0B | $-1.3M |
自由现金流MMMNNBR
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $-3.3M | ||
| Q3 25 | $1.5B | $7.7M | ||
| Q2 25 | $-1.2B | $-4.4M | ||
| Q1 25 | $-315.0M | $-7.3M | ||
| Q4 24 | $1.5B | $3.7M | ||
| Q3 24 | $-2.0B | $-1.3M | ||
| Q2 24 | $752.0M | $-4.9M |
自由现金流率MMMNNBR
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | -3.2% | ||
| Q3 25 | 23.6% | 7.4% | ||
| Q2 25 | -18.3% | -4.1% | ||
| Q1 25 | -5.3% | -6.9% | ||
| Q4 24 | 25.4% | 3.5% | ||
| Q3 24 | -32.3% | -1.2% | ||
| Q2 24 | 12.0% | -4.0% |
资本支出强度MMMNNBR
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 1.8% | ||
| Q3 25 | 3.3% | 3.3% | ||
| Q2 25 | 3.3% | 3.4% | ||
| Q1 25 | 4.0% | 3.7% | ||
| Q4 24 | 4.8% | 2.8% | ||
| Q3 24 | 3.9% | 5.5% | ||
| Q2 24 | 4.3% | 2.9% |
现金转化率MMMNNBR
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | — | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | -1.32× | — | ||
| Q1 25 | -0.07× | — | ||
| Q4 24 | 2.50× | — | ||
| Q3 24 | -1.30× | — | ||
| Q2 24 | 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
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% |
NNBR
| Automotive | $53.1M | 51% |
| Power Solutions | $45.5M | 43% |
| Other End Market | $4.7M | 4% |
