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3M（MMM）与nVent Electric plc（NVT）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nVent Electric plc的5.7倍（$6.0B vs $1.1B）。nVent Electric plc净利率更高（11.1% vs 10.8%，领先0.3%）。nVent Electric plc同比增速更快（127.3% vs 1.3%）。3M自由现金流更多（$2.0B vs $165.7M）。过去两年nVent Electric plc的营收复合增速更高（10.4% 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。
nVent Electric plc是一家源自英美的跨国企业，主营电气连接及外壳类产品。公司集产品设计、生产、销售为一体，同时提供配套运维服务，旗下产品可实现电气系统的连接、防护与管理，覆盖商业、工业、住宅、基建、数据中心等多元应用场景。
MMM vs NVT — 直观对比
营收规模更大
MMM
是对方的5.7倍
$1.1B
营收增速更快
NVT
高出126.0%
1.3%
净利率更高
NVT
高出0.3%
10.8%
自由现金流更多
MMM
多$1.9B
$165.7M
两年增速更快
NVT
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $1.1B |
| 净利润 | $653.0M | $118.8M |
| 毛利率 | 40.7% | 36.5% |
| 营业利润率 | 23.2% | 15.4% |
| 净利率 | 10.8% | 11.1% |
| 营收同比 | 1.3% | 127.3% |
| 净利润同比 | -41.5% | 1010.3% |
| 每股收益（稀释后） | $1.23 | $0.74 |
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MMMNVT
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $1.1B | ||
| Q3 25 | $6.5B | $1.1B | ||
| Q2 25 | $6.3B | $963.1M | ||
| Q1 25 | $6.0B | $809.3M | ||
| Q4 24 | $6.0B | $469.2M | ||
| Q3 24 | $6.3B | $782.0M | ||
| Q2 24 | $6.3B | $880.3M |
净利润MMMNVT
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $118.8M | ||
| Q3 25 | $834.0M | $121.2M | ||
| Q2 25 | $723.0M | $109.5M | ||
| Q1 25 | $1.1B | $360.7M | ||
| Q4 24 | $728.0M | $10.7M | ||
| Q3 24 | $1.4B | $105.0M | ||
| Q2 24 | $1.1B | $111.0M |
毛利率MMMNVT
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | 36.5% | ||
| Q3 25 | 41.8% | 37.4% | ||
| Q2 25 | 42.5% | 38.6% | ||
| Q1 25 | 41.6% | 38.8% | ||
| Q4 24 | 51.7% | 37.1% | ||
| Q3 24 | 42.1% | 39.8% | ||
| Q2 24 | 42.9% | 41.8% |
营业利润率MMMNVT
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | 15.4% | ||
| Q3 25 | 22.2% | 15.8% | ||
| Q2 25 | 18.0% | 16.3% | ||
| Q1 25 | 20.9% | 16.1% | ||
| Q4 24 | 12.2% | 14.3% | ||
| Q3 24 | 20.9% | 17.0% | ||
| Q2 24 | 20.3% | 19.1% |
净利率MMMNVT
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | 11.1% | ||
| Q3 25 | 12.8% | 11.5% | ||
| Q2 25 | 11.4% | 11.4% | ||
| Q1 25 | 18.7% | 44.6% | ||
| Q4 24 | 12.1% | 2.3% | ||
| Q3 24 | 21.8% | 13.4% | ||
| Q2 24 | 18.3% | 12.6% |
每股收益（稀释后）MMMNVT
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $0.74 | ||
| Q3 25 | $1.55 | $0.74 | ||
| Q2 25 | $1.34 | $0.67 | ||
| Q1 25 | $2.04 | $2.16 | ||
| Q4 24 | $1.33 | $0.07 | ||
| Q3 24 | $2.48 | $0.62 | ||
| Q2 24 | $2.07 | $0.66 |
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 | $1.6B |
| 股东权益账面价值 | $3.3B | $3.7B |
| 总资产 | $35.4B | $6.9B |
| 负债/权益比越低杠杆越低 | 3.29× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资MMMNVT
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务MMMNVT
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $1.6B | ||
| Q3 25 | $12.6B | $1.6B | ||
| Q2 25 | $13.1B | $1.8B | ||
| Q1 25 | $13.5B | $1.8B | ||
| Q4 24 | $13.0B | $2.2B | ||
| Q3 24 | $13.2B | $2.3B | ||
| Q2 24 | $13.1B | $1.8B |
股东权益MMMNVT
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $3.7B | ||
| Q3 25 | $4.6B | $3.6B | ||
| Q2 25 | $4.3B | $3.5B | ||
| Q1 25 | $4.5B | $3.6B | ||
| Q4 24 | $3.8B | $3.2B | ||
| Q3 24 | $4.6B | $3.3B | ||
| Q2 24 | $3.9B | $3.3B |
总资产MMMNVT
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $6.9B | ||
| Q3 25 | $37.6B | $6.8B | ||
| Q2 25 | $38.0B | $6.7B | ||
| Q1 25 | $40.0B | $6.7B | ||
| Q4 24 | $39.9B | $6.7B | ||
| Q3 24 | $40.9B | $6.9B | ||
| Q2 24 | $43.4B | $6.2B |
负债/权益比MMMNVT
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 0.42× | ||
| Q3 25 | 2.72× | 0.44× | ||
| Q2 25 | 3.06× | 0.50× | ||
| Q1 25 | 3.02× | 0.49× | ||
| Q4 24 | 3.40× | 0.67× | ||
| Q3 24 | 2.84× | 0.69× | ||
| Q2 24 | 3.34× | 0.54× |
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 | — | $202.4M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $165.7M |
| 自由现金流率自由现金流/营收 | 33.6% | 15.5% |
| 资本支出强度资本支出/营收 | — | 3.4% |
| 现金转化率经营现金流/净利润 | — | 1.70× |
| 过去12个月自由现金流最近4个季度 | $3.7B | $371.9M |
8季度趋势，按日历期对齐
经营现金流MMMNVT
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $202.4M | ||
| Q3 25 | $1.8B | $219.5M | ||
| Q2 25 | $-954.0M | $-16.9M | ||
| Q1 25 | $-79.0M | $60.2M | ||
| Q4 24 | $1.8B | $224.6M | ||
| Q3 24 | $-1.8B | $197.7M | ||
| Q2 24 | $1.0B | $130.8M |
自由现金流MMMNVT
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $165.7M | ||
| Q3 25 | $1.5B | $200.9M | ||
| Q2 25 | $-1.2B | $-33.8M | ||
| Q1 25 | $-315.0M | $39.1M | ||
| Q4 24 | $1.5B | $198.1M | ||
| Q3 24 | $-2.0B | $184.8M | ||
| Q2 24 | $752.0M | $112.3M |
自由现金流率MMMNVT
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | 15.5% | ||
| Q3 25 | 23.6% | 19.1% | ||
| Q2 25 | -18.3% | -3.5% | ||
| Q1 25 | -5.3% | 4.8% | ||
| Q4 24 | 25.4% | 42.2% | ||
| Q3 24 | -32.3% | 23.6% | ||
| Q2 24 | 12.0% | 12.8% |
资本支出强度MMMNVT
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 3.4% | ||
| Q3 25 | 3.3% | 1.8% | ||
| Q2 25 | 3.3% | 1.8% | ||
| Q1 25 | 4.0% | 2.6% | ||
| Q4 24 | 4.8% | 5.6% | ||
| Q3 24 | 3.9% | 1.6% | ||
| Q2 24 | 4.3% | 2.1% |
现金转化率MMMNVT
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | 1.70× | ||
| Q3 25 | 2.11× | 1.81× | ||
| Q2 25 | -1.32× | -0.15× | ||
| Q1 25 | -0.07× | 0.17× | ||
| Q4 24 | 2.50× | 20.99× | ||
| Q3 24 | -1.30× | 1.88× | ||
| Q2 24 | 0.89× | 1.18× |
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% |
NVT
| Industrial Sector | $554.0M | 52% |
| Electricaland Fastening Solutions Segment | $278.0M | 26% |
| Energy Sector | $235.0M | 22% |
