vs
3M（MMM）与NATIONAL RESEARCH CORP（NRC）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NATIONAL RESEARCH CORP的171.3倍（$6.0B vs $35.2M）。3M净利率更高（10.8% vs 5.1%，领先5.7%）。3M同比增速更快（1.3% vs -4.6%）。3M自由现金流更多（$2.0B vs $6.1M）。过去两年NATIONAL RESEARCH CORP的营收复合增速更高（-0.2% 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。
NRC Health（原国家研究公司）是一家美国医疗健康企业，1981年成立，总部位于内布拉斯加州林肯市。公司主要在美加两国提供医疗健康相关产品及订阅式解决方案，深耕区域医疗健康服务领域。
MMM vs NRC — 直观对比
营收规模更大
MMM
是对方的171.3倍
$35.2M
营收增速更快
MMM
高出5.9%
-4.6%
净利率更高
MMM
高出5.7%
5.1%
自由现金流更多
MMM
多$2.0B
$6.1M
两年增速更快
NRC
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $35.2M |
| 净利润 | $653.0M | $1.8M |
| 毛利率 | 40.7% | — |
| 营业利润率 | 23.2% | 13.3% |
| 净利率 | 10.8% | 5.1% |
| 营收同比 | 1.3% | -4.6% |
| 净利润同比 | -41.5% | -72.6% |
| 每股收益（稀释后） | $1.23 | $49.58 |
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MMMNRC
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $35.2M | ||
| Q3 25 | $6.5B | $34.6M | ||
| Q2 25 | $6.3B | $34.0M | ||
| Q1 25 | $6.0B | $33.6M | ||
| Q4 24 | $6.0B | $36.9M | ||
| Q3 24 | $6.3B | $35.8M | ||
| Q2 24 | $6.3B | $35.0M |
净利润MMMNRC
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $1.8M | ||
| Q3 25 | $834.0M | $4.1M | ||
| Q2 25 | $723.0M | $-106.0K | ||
| Q1 25 | $1.1B | $5.8M | ||
| Q4 24 | $728.0M | $6.6M | ||
| Q3 24 | $1.4B | $5.7M | ||
| Q2 24 | $1.1B | $6.2M |
毛利率MMMNRC
| 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MMMNRC
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | 13.3% | ||
| Q3 25 | 22.2% | 22.4% | ||
| Q2 25 | 18.0% | 4.7% | ||
| Q1 25 | 20.9% | 25.6% | ||
| Q4 24 | 12.2% | 26.0% | ||
| Q3 24 | 20.9% | 22.3% | ||
| Q2 24 | 20.3% | 25.3% |
净利率MMMNRC
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | 5.1% | ||
| Q3 25 | 12.8% | 11.9% | ||
| Q2 25 | 11.4% | -0.3% | ||
| Q1 25 | 18.7% | 17.2% | ||
| Q4 24 | 12.1% | 17.8% | ||
| Q3 24 | 21.8% | 15.9% | ||
| Q2 24 | 18.3% | 17.6% |
每股收益（稀释后）MMMNRC
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $49.58 | ||
| Q3 25 | $1.55 | $0.18 | ||
| Q2 25 | $1.34 | $-0.01 | ||
| Q1 25 | $2.04 | $0.25 | ||
| Q4 24 | $1.33 | $0.27 | ||
| Q3 24 | $2.48 | $0.24 | ||
| Q2 24 | $2.07 | $0.26 |
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 | $4.1M |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $3.3B | $14.0M |
| 总资产 | $35.4B | $134.9M |
| 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MMMNRC
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $2.2M | ||
| Q2 25 | — | $5.3M | ||
| Q1 25 | — | $2.5M | ||
| Q4 24 | — | $4.2M | ||
| Q3 24 | — | $3.5M | ||
| Q2 24 | — | $485.0K |
总债务MMMNRC
| 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 | $48.7M | ||
| Q2 24 | $13.1B | $33.3M |
股东权益MMMNRC
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $14.0M | ||
| Q3 25 | $4.6B | $14.3M | ||
| Q2 25 | $4.3B | $21.3M | ||
| Q1 25 | $4.5B | $29.7M | ||
| Q4 24 | $3.8B | $31.3M | ||
| Q3 24 | $4.6B | $34.6M | ||
| Q2 24 | $3.9B | $40.2M |
总资产MMMNRC
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $134.9M | ||
| Q3 25 | $37.6B | $135.7M | ||
| Q2 25 | $38.0B | $141.4M | ||
| Q1 25 | $40.0B | $135.2M | ||
| Q4 24 | $39.9B | $132.5M | ||
| Q3 24 | $40.9B | $131.8M | ||
| Q2 24 | $43.4B | $119.1M |
负债/权益比MMMNRC
| 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× | 1.41× | ||
| Q2 24 | 3.34× | 0.83× |
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 | — | $7.2M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $6.1M |
| 自由现金流率自由现金流/营收 | 33.6% | 17.2% |
| 资本支出强度资本支出/营收 | — | 3.2% |
| 现金转化率经营现金流/净利润 | — | 3.99× |
| 过去12个月自由现金流最近4个季度 | $3.7B | $15.7M |
8季度趋势，按日历期对齐
经营现金流MMMNRC
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $7.2M | ||
| Q3 25 | $1.8B | $13.8M | ||
| Q2 25 | $-954.0M | $-1.1M | ||
| Q1 25 | $-79.0M | $6.6M | ||
| Q4 24 | $1.8B | $6.4M | ||
| Q3 24 | $-1.8B | $9.4M | ||
| Q2 24 | $1.0B | $6.8M |
自由现金流MMMNRC
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $6.1M | ||
| Q3 25 | $1.5B | $10.2M | ||
| Q2 25 | $-1.2B | $-4.1M | ||
| Q1 25 | $-315.0M | $3.7M | ||
| Q4 24 | $1.5B | $1.9M | ||
| Q3 24 | $-2.0B | $7.8M | ||
| Q2 24 | $752.0M | $1.5M |
自由现金流率MMMNRC
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | 17.2% | ||
| Q3 25 | 23.6% | 29.4% | ||
| Q2 25 | -18.3% | -12.2% | ||
| Q1 25 | -5.3% | 10.9% | ||
| Q4 24 | 25.4% | 5.2% | ||
| Q3 24 | -32.3% | 21.8% | ||
| Q2 24 | 12.0% | 4.3% |
资本支出强度MMMNRC
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 3.2% | ||
| Q3 25 | 3.3% | 10.4% | ||
| Q2 25 | 3.3% | 8.8% | ||
| Q1 25 | 4.0% | 8.9% | ||
| Q4 24 | 4.8% | 12.0% | ||
| Q3 24 | 3.9% | 4.5% | ||
| Q2 24 | 4.3% | 15.0% |
现金转化率MMMNRC
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | 3.99× | ||
| Q3 25 | 2.11× | 3.34× | ||
| Q2 25 | -1.32× | — | ||
| Q1 25 | -0.07× | 1.15× | ||
| Q4 24 | 2.50× | 0.97× | ||
| Q3 24 | -1.30× | 1.66× | ||
| Q2 24 | 0.89× | 1.10× |
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% |
NRC
暂无分部数据
