vs
3M（MMM）与森萨塔科技（ST）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是森萨塔科技的6.6倍（$6.0B vs $917.9M）。3M净利率更高（10.8% vs 6.9%，领先3.9%）。3M同比增速更快（1.3% vs 1.1%）。3M自由现金流更多（$2.0B vs $151.9M）。过去两年3M的营收复合增速更高（-1.8% vs -4.5%）
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。
森萨塔科技控股有限公司是全球领先的工业科技企业，主营传感器、电气保护及控制解决方案的研发、生产与销售，产品覆盖汽车、工业、航空航天、暖通空调、电信等多个下游领域，服务全球制造类企业客户。
MMM vs ST — 直观对比
营收规模更大
MMM
是对方的6.6倍
$917.9M
营收增速更快
MMM
高出0.2%
1.1%
净利率更高
MMM
高出3.9%
6.9%
自由现金流更多
MMM
多$1.9B
$151.9M
两年增速更快
MMM
近两年复合增速
-4.5%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $917.9M |
| 净利润 | $653.0M | $63.2M |
| 毛利率 | 40.7% | 29.0% |
| 营业利润率 | 23.2% | 10.9% |
| 净利率 | 10.8% | 6.9% |
| 营收同比 | 1.3% | 1.1% |
| 净利润同比 | -41.5% | 992.7% |
| 每股收益（稀释后） | $1.23 | $0.45 |
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MMMST
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $917.9M | ||
| Q3 25 | $6.5B | $932.0M | ||
| Q2 25 | $6.3B | $943.4M | ||
| Q1 25 | $6.0B | $911.3M | ||
| Q4 24 | $6.0B | $907.7M | ||
| Q3 24 | $6.3B | $982.8M | ||
| Q2 24 | $6.3B | $1.0B |
净利润MMMST
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $63.2M | ||
| Q3 25 | $834.0M | $-162.5M | ||
| Q2 25 | $723.0M | $60.7M | ||
| Q1 25 | $1.1B | $69.9M | ||
| Q4 24 | $728.0M | $5.8M | ||
| Q3 24 | $1.4B | $-25.0M | ||
| Q2 24 | $1.1B | $71.7M |
毛利率MMMST
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | 29.0% | ||
| Q3 25 | 41.8% | 27.8% | ||
| Q2 25 | 42.5% | 30.3% | ||
| Q1 25 | 41.6% | 29.9% | ||
| Q4 24 | 51.7% | 27.1% | ||
| Q3 24 | 42.1% | 28.6% | ||
| Q2 24 | 42.9% | 30.0% |
营业利润率MMMST
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | 10.9% | ||
| Q3 25 | 22.2% | -13.2% | ||
| Q2 25 | 18.0% | 14.6% | ||
| Q1 25 | 20.9% | 13.4% | ||
| Q4 24 | 12.2% | 8.1% | ||
| Q3 24 | 20.9% | -20.3% | ||
| Q2 24 | 20.3% | 12.5% |
净利率MMMST
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | 6.9% | ||
| Q3 25 | 12.8% | -17.4% | ||
| Q2 25 | 11.4% | 6.4% | ||
| Q1 25 | 18.7% | 7.7% | ||
| Q4 24 | 12.1% | 0.6% | ||
| Q3 24 | 21.8% | -2.5% | ||
| Q2 24 | 18.3% | 6.9% |
每股收益（稀释后）MMMST
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $0.45 | ||
| Q3 25 | $1.55 | $-1.12 | ||
| Q2 25 | $1.34 | $0.41 | ||
| Q1 25 | $2.04 | $0.47 | ||
| Q4 24 | $1.33 | $0.05 | ||
| Q3 24 | $2.48 | $-0.17 | ||
| Q2 24 | $2.07 | $0.47 |
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 | $573.0M |
| 总债务越低越好 | $10.9B | $2.8B |
| 股东权益账面价值 | $3.3B | $2.8B |
| 总资产 | $35.4B | $6.8B |
| 负债/权益比越低杠杆越低 | 3.29× | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资MMMST
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $573.0M | ||
| Q3 25 | — | $791.3M | ||
| Q2 25 | — | $661.8M | ||
| Q1 25 | — | $588.1M | ||
| Q4 24 | — | $593.7M | ||
| Q3 24 | — | $506.2M | ||
| Q2 24 | — | $1.0B |
总债务MMMST
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $2.8B | ||
| Q3 25 | $12.6B | — | ||
| Q2 25 | $13.1B | — | ||
| Q1 25 | $13.5B | — | ||
| Q4 24 | $13.0B | $3.2B | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | $13.1B | — |
股东权益MMMST
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $2.8B | ||
| Q3 25 | $4.6B | $2.7B | ||
| Q2 25 | $4.3B | $2.9B | ||
| Q1 25 | $4.5B | $2.8B | ||
| Q4 24 | $3.8B | $2.9B | ||
| Q3 24 | $4.6B | $3.0B | ||
| Q2 24 | $3.9B | $3.0B |
总资产MMMST
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $6.8B | ||
| Q3 25 | $37.6B | $7.1B | ||
| Q2 25 | $38.0B | $7.3B | ||
| Q1 25 | $40.0B | $7.2B | ||
| Q4 24 | $39.9B | $7.1B | ||
| Q3 24 | $40.9B | $7.3B | ||
| Q2 24 | $43.4B | $8.2B |
负债/权益比MMMST
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 1.02× | ||
| Q3 25 | 2.72× | — | ||
| Q2 25 | 3.06× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 3.40× | 1.11× | ||
| Q3 24 | 2.84× | — | ||
| Q2 24 | 3.34× | — |
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 | — | $201.5M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $151.9M |
| 自由现金流率自由现金流/营收 | 33.6% | 16.6% |
| 资本支出强度资本支出/营收 | — | 5.4% |
| 现金转化率经营现金流/净利润 | — | 3.19× |
| 过去12个月自由现金流最近4个季度 | $3.7B | $490.3M |
8季度趋势，按日历期对齐
经营现金流MMMST
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $201.5M | ||
| Q3 25 | $1.8B | $159.9M | ||
| Q2 25 | $-954.0M | $140.9M | ||
| Q1 25 | $-79.0M | $119.2M | ||
| Q4 24 | $1.8B | $170.7M | ||
| Q3 24 | $-1.8B | $130.9M | ||
| Q2 24 | $1.0B | $143.5M |
自由现金流MMMST
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $151.9M | ||
| Q3 25 | $1.5B | $136.2M | ||
| Q2 25 | $-1.2B | $115.5M | ||
| Q1 25 | $-315.0M | $86.6M | ||
| Q4 24 | $1.5B | $138.9M | ||
| Q3 24 | $-2.0B | $91.3M | ||
| Q2 24 | $752.0M | $98.4M |
自由现金流率MMMST
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | 16.6% | ||
| Q3 25 | 23.6% | 14.6% | ||
| Q2 25 | -18.3% | 12.2% | ||
| Q1 25 | -5.3% | 9.5% | ||
| Q4 24 | 25.4% | 15.3% | ||
| Q3 24 | -32.3% | 9.3% | ||
| Q2 24 | 12.0% | 9.5% |
资本支出强度MMMST
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 5.4% | ||
| Q3 25 | 3.3% | 2.5% | ||
| Q2 25 | 3.3% | 2.7% | ||
| Q1 25 | 4.0% | 3.6% | ||
| Q4 24 | 4.8% | 3.5% | ||
| Q3 24 | 3.9% | 4.0% | ||
| Q2 24 | 4.3% | 4.4% |
现金转化率MMMST
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | 3.19× | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | -1.32× | 2.32× | ||
| Q1 25 | -0.07× | 1.70× | ||
| Q4 24 | 2.50× | 29.50× | ||
| Q3 24 | -1.30× | — | ||
| Q2 24 | 0.89× | 2.00× |
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% |
ST
暂无分部数据
