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3M（MMM）与PAR TECHNOLOGY CORP（PAR）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PAR TECHNOLOGY CORP的50.2倍（$6.0B vs $120.1M）。PAR TECHNOLOGY CORP同比增速更快（14.4% vs 1.3%）。3M自由现金流更多（$2.0B vs $-12.5M）。过去两年PAR TECHNOLOGY CORP的营收复合增速更高（30.9% 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。
PAR科技公司是全球领先的销售点系统、餐饮酒店管理软件及集成技术解决方案提供商，核心业务覆盖餐饮服务、酒店文旅及政府安防领域，为各类规模客户提供云端工具以简化运营、提升消费体验与经营效率。
MMM vs PAR — 直观对比
营收规模更大
MMM
是对方的50.2倍
$120.1M
营收增速更快
PAR
高出13.1%
1.3%
自由现金流更多
MMM
多$2.0B
$-12.5M
两年增速更快
PAR
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $120.1M |
| 净利润 | $653.0M | — |
| 毛利率 | 40.7% | 41.2% |
| 营业利润率 | 23.2% | -15.0% |
| 净利率 | 10.8% | — |
| 营收同比 | 1.3% | 14.4% |
| 净利润同比 | -41.5% | — |
| 每股收益（稀释后） | $1.23 | $-0.52 |
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MMMPAR
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $120.1M | ||
| Q3 25 | $6.5B | $119.2M | ||
| Q2 25 | $6.3B | $112.4M | ||
| Q1 25 | $6.0B | $103.9M | ||
| Q4 24 | $6.0B | $105.0M | ||
| Q3 24 | $6.3B | $96.8M | ||
| Q2 24 | $6.3B | $78.2M |
净利润MMMPAR
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | — | ||
| Q3 25 | $834.0M | $-18.2M | ||
| Q2 25 | $723.0M | $-21.0M | ||
| Q1 25 | $1.1B | $-24.4M | ||
| Q4 24 | $728.0M | — | ||
| Q3 24 | $1.4B | $-19.8M | ||
| Q2 24 | $1.1B | $54.2M |
毛利率MMMPAR
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | 41.2% | ||
| Q3 25 | 41.8% | 41.3% | ||
| Q2 25 | 42.5% | 45.4% | ||
| Q1 25 | 41.6% | 46.5% | ||
| Q4 24 | 51.7% | 42.9% | ||
| Q3 24 | 42.1% | 44.5% | ||
| Q2 24 | 42.9% | 41.0% |
营业利润率MMMPAR
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | -15.0% | ||
| Q3 25 | 22.2% | -14.8% | ||
| Q2 25 | 18.0% | -15.4% | ||
| Q1 25 | 20.9% | -15.2% | ||
| Q4 24 | 12.2% | -15.6% | ||
| Q3 24 | 20.9% | -15.7% | ||
| Q2 24 | 20.3% | -26.5% |
净利率MMMPAR
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | — | ||
| Q3 25 | 12.8% | -15.3% | ||
| Q2 25 | 11.4% | -18.7% | ||
| Q1 25 | 18.7% | -23.4% | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 21.8% | -20.5% | ||
| Q2 24 | 18.3% | 69.3% |
每股收益（稀释后）MMMPAR
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $-0.52 | ||
| Q3 25 | $1.55 | $-0.45 | ||
| Q2 25 | $1.34 | $-0.52 | ||
| Q1 25 | $2.04 | $-0.60 | ||
| Q4 24 | $1.33 | $-0.56 | ||
| Q3 24 | $2.48 | $-0.56 | ||
| Q2 24 | $2.07 | $1.60 |
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 | $80.1M |
| 总债务越低越好 | $10.9B | $394.0M |
| 股东权益账面价值 | $3.3B | $825.1M |
| 总资产 | $35.4B | $1.4B |
| 负债/权益比越低杠杆越低 | 3.29× | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资MMMPAR
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $80.1M | ||
| Q3 25 | — | $93.0M | ||
| Q2 25 | — | $85.7M | ||
| Q1 25 | — | $92.2M | ||
| Q4 24 | — | $108.6M | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | — | $142.5M |
总债务MMMPAR
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $394.0M | ||
| Q3 25 | $12.6B | $393.4M | ||
| Q2 25 | $13.1B | $392.8M | ||
| Q1 25 | $13.5B | $392.3M | ||
| Q4 24 | $13.0B | $368.4M | ||
| Q3 24 | $13.2B | $466.7M | ||
| Q2 24 | $13.1B | $378.7M |
股东权益MMMPAR
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $825.1M | ||
| Q3 25 | $4.6B | $838.0M | ||
| Q2 25 | $4.3B | $859.1M | ||
| Q1 25 | $4.5B | $852.0M | ||
| Q4 24 | $3.8B | $871.7M | ||
| Q3 24 | $4.6B | $692.7M | ||
| Q2 24 | $3.9B | $588.3M |
总资产MMMPAR
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $1.4B | ||
| Q3 25 | $37.6B | $1.4B | ||
| Q2 25 | $38.0B | $1.4B | ||
| Q1 25 | $40.0B | $1.4B | ||
| Q4 24 | $39.9B | $1.4B | ||
| Q3 24 | $40.9B | $1.3B | ||
| Q2 24 | $43.4B | $1.1B |
负债/权益比MMMPAR
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 0.48× | ||
| Q3 25 | 2.72× | 0.47× | ||
| Q2 25 | 3.06× | 0.46× | ||
| Q1 25 | 3.02× | 0.46× | ||
| Q4 24 | 3.40× | 0.42× | ||
| Q3 24 | 2.84× | 0.67× | ||
| Q2 24 | 3.34× | 0.64× |
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 | — | $-11.8M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $-12.5M |
| 自由现金流率自由现金流/营收 | 33.6% | -10.4% |
| 资本支出强度资本支出/营收 | — | 0.7% |
| 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 | $-30.5M |
8季度趋势，按日历期对齐
经营现金流MMMPAR
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $-11.8M | ||
| Q3 25 | $1.8B | $8.4M | ||
| Q2 25 | $-954.0M | $-6.6M | ||
| Q1 25 | $-79.0M | $-17.2M | ||
| Q4 24 | $1.8B | $3.4M | ||
| Q3 24 | $-1.8B | $8.8M | ||
| Q2 24 | $1.0B | $-13.8M |
自由现金流MMMPAR
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $-12.5M | ||
| Q3 25 | $1.5B | $7.0M | ||
| Q2 25 | $-1.2B | $-7.4M | ||
| Q1 25 | $-315.0M | $-17.6M | ||
| Q4 24 | $1.5B | $3.2M | ||
| Q3 24 | $-2.0B | $8.4M | ||
| Q2 24 | $752.0M | $-14.2M |
自由现金流率MMMPAR
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | -10.4% | ||
| Q3 25 | 23.6% | 5.9% | ||
| Q2 25 | -18.3% | -6.6% | ||
| Q1 25 | -5.3% | -16.9% | ||
| Q4 24 | 25.4% | 3.0% | ||
| Q3 24 | -32.3% | 8.7% | ||
| Q2 24 | 12.0% | -18.2% |
资本支出强度MMMPAR
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 0.7% | ||
| Q3 25 | 3.3% | 1.1% | ||
| Q2 25 | 3.3% | 0.7% | ||
| Q1 25 | 4.0% | 0.4% | ||
| Q4 24 | 4.8% | 0.2% | ||
| Q3 24 | 3.9% | 0.4% | ||
| Q2 24 | 4.3% | 0.5% |
现金转化率MMMPAR
| 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× | -0.26× |
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% |
PAR
| Subscription Service | $76.1M | 63% |
| Hardware | $27.8M | 23% |
| Professional Service | $16.2M | 13% |
