vs
3M（MMM）与NPK International Inc.（NPKI）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NPK International Inc.的80.2倍（$6.0B vs $75.2M）。NPK International Inc.同比增速更快（30.7% vs 1.3%）。3M自由现金流更多（$2.0B vs $5.8M）。过去两年NPK International Inc.的营收复合增速更高（23.9% vs -1.8%）
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。
MMM vs NPKI — 直观对比
营收规模更大
MMM
是对方的80.2倍
$75.2M
营收增速更快
NPKI
高出29.4%
1.3%
自由现金流更多
MMM
多$2.0B
$5.8M
两年增速更快
NPKI
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $75.2M |
| 净利润 | $653.0M | — |
| 毛利率 | 40.7% | 37.7% |
| 营业利润率 | 23.2% | 16.7% |
| 净利率 | 10.8% | — |
| 营收同比 | 1.3% | 30.7% |
| 净利润同比 | -41.5% | — |
| 每股收益（稀释后） | $1.23 | $0.17 |
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MMMNPKI
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $75.2M | ||
| Q3 25 | $6.5B | $68.8M | ||
| Q2 25 | $6.3B | $68.2M | ||
| Q1 25 | $6.0B | $64.8M | ||
| Q4 24 | $6.0B | $57.5M | ||
| Q3 24 | $6.3B | $44.2M | ||
| Q2 24 | $6.3B | $66.8M |
净利润MMMNPKI
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | — | ||
| Q3 25 | $834.0M | $5.7M | ||
| Q2 25 | $723.0M | $8.7M | ||
| Q1 25 | $1.1B | $10.0M | ||
| Q4 24 | $728.0M | — | ||
| Q3 24 | $1.4B | $-174.3M | ||
| Q2 24 | $1.1B | $8.0M |
毛利率MMMNPKI
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | 37.7% | ||
| Q3 25 | 41.8% | 31.9% | ||
| Q2 25 | 42.5% | 36.9% | ||
| Q1 25 | 41.6% | 39.0% | ||
| Q4 24 | 51.7% | 39.2% | ||
| Q3 24 | 42.1% | 27.5% | ||
| Q2 24 | 42.9% | 37.2% |
营业利润率MMMNPKI
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | 16.7% | ||
| Q3 25 | 22.2% | 13.2% | ||
| Q2 25 | 18.0% | 17.0% | ||
| Q1 25 | 20.9% | 20.9% | ||
| Q4 24 | 12.2% | 20.2% | ||
| Q3 24 | 20.9% | 2.8% | ||
| Q2 24 | 20.3% | 18.7% |
净利率MMMNPKI
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | — | ||
| Q3 25 | 12.8% | 8.2% | ||
| Q2 25 | 11.4% | 12.7% | ||
| Q1 25 | 18.7% | 15.4% | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 21.8% | -394.3% | ||
| Q2 24 | 18.3% | 12.0% |
每股收益（稀释后）MMMNPKI
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $0.17 | ||
| Q3 25 | $1.55 | $0.07 | ||
| Q2 25 | $1.34 | $0.10 | ||
| Q1 25 | $2.04 | $0.11 | ||
| Q4 24 | $1.33 | $0.10 | ||
| Q3 24 | $2.48 | $-1.99 | ||
| Q2 24 | $2.07 | $0.09 |
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 | $5.1M |
| 总债务越低越好 | $10.9B | $16.9M |
| 股东权益账面价值 | $3.3B | $351.2M |
| 总资产 | $35.4B | $441.8M |
| 负债/权益比越低杠杆越低 | 3.29× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资MMMNPKI
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $5.1M | ||
| Q3 25 | — | $35.6M | ||
| Q2 25 | — | $26.0M | ||
| Q1 25 | — | $20.8M | ||
| Q4 24 | — | $17.8M | ||
| Q3 24 | — | $42.9M | ||
| Q2 24 | — | $35.1M |
总债务MMMNPKI
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $16.9M | ||
| Q3 25 | $12.6B | $9.5M | ||
| Q2 25 | $13.1B | $9.3M | ||
| Q1 25 | $13.5B | $8.1M | ||
| Q4 24 | $13.0B | $7.7M | ||
| Q3 24 | $13.2B | $14.0M | ||
| Q2 24 | $13.1B | $58.0M |
股东权益MMMNPKI
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $351.2M | ||
| Q3 25 | $4.6B | $333.9M | ||
| Q2 25 | $4.3B | $328.8M | ||
| Q1 25 | $4.5B | $326.9M | ||
| Q4 24 | $3.8B | $326.5M | ||
| Q3 24 | $4.6B | $316.5M | ||
| Q2 24 | $3.9B | $426.6M |
总资产MMMNPKI
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $441.8M | ||
| Q3 25 | $37.6B | $404.5M | ||
| Q2 25 | $38.0B | $393.7M | ||
| Q1 25 | $40.0B | $390.0M | ||
| Q4 24 | $39.9B | $393.7M | ||
| Q3 24 | $40.9B | $389.6M | ||
| Q2 24 | $43.4B | $624.8M |
负债/权益比MMMNPKI
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 0.05× | ||
| Q3 25 | 2.72× | 0.03× | ||
| Q2 25 | 3.06× | 0.03× | ||
| Q1 25 | 3.02× | 0.02× | ||
| Q4 24 | 3.40× | 0.02× | ||
| Q3 24 | 2.84× | 0.04× | ||
| Q2 24 | 3.34× | 0.14× |
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 | — | $18.0M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $5.8M |
| 自由现金流率自由现金流/营收 | 33.6% | 7.6% |
| 资本支出强度资本支出/营收 | — | 16.3% |
| 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 | $26.3M |
8季度趋势，按日历期对齐
经营现金流MMMNPKI
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $18.0M | ||
| Q3 25 | $1.8B | $24.7M | ||
| Q2 25 | $-954.0M | $21.4M | ||
| Q1 25 | $-79.0M | $8.8M | ||
| Q4 24 | $1.8B | $-4.1M | ||
| Q3 24 | $-1.8B | $2.8M | ||
| Q2 24 | $1.0B | $27.6M |
自由现金流MMMNPKI
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $5.8M | ||
| Q3 25 | $1.5B | $12.0M | ||
| Q2 25 | $-1.2B | $9.7M | ||
| Q1 25 | $-315.0M | $-1.2M | ||
| Q4 24 | $1.5B | $-17.7M | ||
| Q3 24 | $-2.0B | $-6.7M | ||
| Q2 24 | $752.0M | $21.0M |
自由现金流率MMMNPKI
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | 7.6% | ||
| Q3 25 | 23.6% | 17.4% | ||
| Q2 25 | -18.3% | 14.3% | ||
| Q1 25 | -5.3% | -1.8% | ||
| Q4 24 | 25.4% | -30.8% | ||
| Q3 24 | -32.3% | -15.2% | ||
| Q2 24 | 12.0% | 31.4% |
资本支出强度MMMNPKI
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 16.3% | ||
| Q3 25 | 3.3% | 18.5% | ||
| Q2 25 | 3.3% | 17.1% | ||
| Q1 25 | 4.0% | 15.5% | ||
| Q4 24 | 4.8% | 23.6% | ||
| Q3 24 | 3.9% | 21.4% | ||
| Q2 24 | 4.3% | 9.9% |
现金转化率MMMNPKI
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | — | ||
| Q3 25 | 2.11× | 4.37× | ||
| Q2 25 | -1.32× | 2.47× | ||
| Q1 25 | -0.07× | 0.88× | ||
| Q4 24 | 2.50× | — | ||
| Q3 24 | -1.30× | — | ||
| Q2 24 | 0.89× | 3.43× |
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% |
NPKI
| Rental Revenue | $34.8M | 46% |
| Products | $25.5M | 34% |
| Services | $14.9M | 20% |
