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3M（MMM）与POWER SOLUTIONS INTERNATIONAL, INC.（PSIX）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POWER SOLUTIONS INTERNATIONAL, INC.的31.5倍（$6.0B vs $191.2M）。3M净利率更高（10.8% vs 8.4%，领先2.4%）。POWER SOLUTIONS INTERNATIONAL, INC.同比增速更快（32.5% vs 1.3%）。3M自由现金流更多（$2.0B vs $-7.6M）。过去两年POWER SOLUTIONS INTERNATIONAL, INC.的营收复合增速更高（41.7% 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。
阿达尼能源解决方案有限公司（前身为阿达尼输电有限公司）是一家电力输配企业，总部位于艾哈迈达巴德。截至2025年4月，公司累计输电网络总长26696回路公里，是印度规模最大的民营输电企业之一。
MMM vs PSIX — 直观对比
营收规模更大
MMM
是对方的31.5倍
$191.2M
营收增速更快
PSIX
高出31.2%
1.3%
净利率更高
MMM
高出2.4%
8.4%
自由现金流更多
MMM
多$2.0B
$-7.6M
两年增速更快
PSIX
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $191.2M |
| 净利润 | $653.0M | $16.1M |
| 毛利率 | 40.7% | 21.9% |
| 营业利润率 | 23.2% | 12.7% |
| 净利率 | 10.8% | 8.4% |
| 营收同比 | 1.3% | 32.5% |
| 净利润同比 | -41.5% | -31.0% |
| 每股收益（稀释后） | $1.23 | $0.69 |
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MMMPSIX
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $191.2M | ||
| Q3 25 | $6.5B | $203.8M | ||
| Q2 25 | $6.3B | $191.9M | ||
| Q1 25 | $6.0B | $135.4M | ||
| Q4 24 | $6.0B | $144.3M | ||
| Q3 24 | $6.3B | $125.8M | ||
| Q2 24 | $6.3B | $110.6M |
净利润MMMPSIX
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $16.1M | ||
| Q3 25 | $834.0M | $27.6M | ||
| Q2 25 | $723.0M | $51.2M | ||
| Q1 25 | $1.1B | $19.1M | ||
| Q4 24 | $728.0M | $23.3M | ||
| Q3 24 | $1.4B | $17.3M | ||
| Q2 24 | $1.1B | $21.5M |
毛利率MMMPSIX
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | 21.9% | ||
| Q3 25 | 41.8% | 23.9% | ||
| Q2 25 | 42.5% | 28.2% | ||
| Q1 25 | 41.6% | 29.7% | ||
| Q4 24 | 51.7% | 29.9% | ||
| Q3 24 | 42.1% | 28.9% | ||
| Q2 24 | 42.9% | 31.8% |
营业利润率MMMPSIX
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | 12.7% | ||
| Q3 25 | 22.2% | 13.9% | ||
| Q2 25 | 18.0% | 16.9% | ||
| Q1 25 | 20.9% | 18.2% | ||
| Q4 24 | 12.2% | 17.5% | ||
| Q3 24 | 20.9% | 16.3% | ||
| Q2 24 | 20.3% | 22.9% |
净利率MMMPSIX
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | 8.4% | ||
| Q3 25 | 12.8% | 13.5% | ||
| Q2 25 | 11.4% | 26.7% | ||
| Q1 25 | 18.7% | 14.1% | ||
| Q4 24 | 12.1% | 16.1% | ||
| Q3 24 | 21.8% | 13.8% | ||
| Q2 24 | 18.3% | 19.5% |
每股收益（稀释后）MMMPSIX
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $0.69 | ||
| Q3 25 | $1.55 | $1.20 | ||
| Q2 25 | $1.34 | $2.22 | ||
| Q1 25 | $2.04 | $0.83 | ||
| Q4 24 | $1.33 | $1.01 | ||
| Q3 24 | $2.48 | $0.75 | ||
| Q2 24 | $2.07 | $0.94 |
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 | $41.3M |
| 总债务越低越好 | $10.9B | $96.6M |
| 股东权益账面价值 | $3.3B | $178.6M |
| 总资产 | $35.4B | $424.7M |
| 负债/权益比越低杠杆越低 | 3.29× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资MMMPSIX
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $41.3M | ||
| Q3 25 | — | $49.0M | ||
| Q2 25 | — | $49.5M | ||
| Q1 25 | — | $50.0M | ||
| Q4 24 | — | $55.3M | ||
| Q3 24 | — | $40.5M | ||
| Q2 24 | — | $28.8M |
总债务MMMPSIX
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $96.6M | ||
| Q3 25 | $12.6B | $96.7M | ||
| Q2 25 | $13.1B | $1.8M | ||
| Q1 25 | $13.5B | $1.0M | ||
| Q4 24 | $13.0B | $184.0K | ||
| Q3 24 | $13.2B | $238.0K | ||
| Q2 24 | $13.1B | $292.0K |
股东权益MMMPSIX
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $178.6M | ||
| Q3 25 | $4.6B | $162.5M | ||
| Q2 25 | $4.3B | $135.7M | ||
| Q1 25 | $4.5B | $84.3M | ||
| Q4 24 | $3.8B | $65.3M | ||
| Q3 24 | $4.6B | $42.1M | ||
| Q2 24 | $3.9B | $24.8M |
总资产MMMPSIX
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $424.7M | ||
| Q3 25 | $37.6B | $458.9M | ||
| Q2 25 | $38.0B | $437.7M | ||
| Q1 25 | $40.0B | $372.7M | ||
| Q4 24 | $39.9B | $328.2M | ||
| Q3 24 | $40.9B | $339.1M | ||
| Q2 24 | $43.4B | $307.6M |
负债/权益比MMMPSIX
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 0.54× | ||
| Q3 25 | 2.72× | 0.60× | ||
| Q2 25 | 3.06× | 0.01× | ||
| Q1 25 | 3.02× | 0.01× | ||
| Q4 24 | 3.40× | 0.00× | ||
| Q3 24 | 2.84× | 0.01× | ||
| Q2 24 | 3.34× | 0.01× |
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 | — | $-4.6M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $-7.6M |
| 自由现金流率自由现金流/营收 | 33.6% | -4.0% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | — | -0.29× |
| 过去12个月自由现金流最近4个季度 | $3.7B | $14.1M |
8季度趋势，按日历期对齐
经营现金流MMMPSIX
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $-4.6M | ||
| Q3 25 | $1.8B | $3.3M | ||
| Q2 25 | $-954.0M | $16.7M | ||
| Q1 25 | $-79.0M | $8.8M | ||
| Q4 24 | $1.8B | $32.7M | ||
| Q3 24 | $-1.8B | $12.6M | ||
| Q2 24 | $1.0B | $1.5M |
自由现金流MMMPSIX
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $-7.6M | ||
| Q3 25 | $1.5B | $1.7M | ||
| Q2 25 | $-1.2B | $14.6M | ||
| Q1 25 | $-315.0M | $5.4M | ||
| Q4 24 | $1.5B | $30.0M | ||
| Q3 24 | $-2.0B | $12.1M | ||
| Q2 24 | $752.0M | $822.0K |
自由现金流率MMMPSIX
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | -4.0% | ||
| Q3 25 | 23.6% | 0.8% | ||
| Q2 25 | -18.3% | 7.6% | ||
| Q1 25 | -5.3% | 4.0% | ||
| Q4 24 | 25.4% | 20.8% | ||
| Q3 24 | -32.3% | 9.7% | ||
| Q2 24 | 12.0% | 0.7% |
资本支出强度MMMPSIX
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 1.6% | ||
| Q3 25 | 3.3% | 0.8% | ||
| Q2 25 | 3.3% | 1.1% | ||
| Q1 25 | 4.0% | 2.5% | ||
| Q4 24 | 4.8% | 1.8% | ||
| Q3 24 | 3.9% | 0.3% | ||
| Q2 24 | 4.3% | 0.6% |
现金转化率MMMPSIX
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | -0.29× | ||
| Q3 25 | 2.11× | 0.12× | ||
| Q2 25 | -1.32× | 0.33× | ||
| Q1 25 | -0.07× | 0.46× | ||
| Q4 24 | 2.50× | 1.40× | ||
| Q3 24 | -1.30× | 0.73× | ||
| Q2 24 | 0.89× | 0.07× |
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% |
PSIX
| Energy End Market | $153.4M | 80% |
| Industrial End Market | $33.3M | 17% |
| Transportation End Market | $4.6M | 2% |
