vs
3M（MMM）与泰利福（TFX）财务数据对比。点击上方公司名可切换其他公司
泰利福净利率更高（177.8% vs 10.8%，领先166.9%）。3M同比增速更快（1.3% vs -150.5%）。3M自由现金流更多（$2.0B vs $-92.9M）。过去两年泰利福的营收复合增速更高（NaN% vs NaN%）
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。
泰利福（Teleflex）总部位于美国宾夕法尼亚州韦恩，是专业医疗设备供应商，产品广泛应用于重症监护、外科手术等各类诊疗场景。公司年营收达24亿美元，在全球40个国家开展业务，员工总数超15000人。经过数年的收并购与业务剥离，公司于2011年完成业务调整，全面聚焦医疗设备制造领域。
MMM vs TFX — 直观对比
营收规模更大
MMM
是对方的-15.0倍
$-401.9M
营收增速更快
MMM
高出151.8%
-150.5%
净利率更高
TFX
高出166.9%
10.8%
自由现金流更多
MMM
多$2.1B
$-92.9M
两年增速更快
TFX
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $-401.9M |
| 净利润 | $653.0M | $-714.3M |
| 毛利率 | 40.7% | — |
| 营业利润率 | 23.2% | — |
| 净利率 | 10.8% | 177.8% |
| 营收同比 | 1.3% | -150.5% |
| 净利润同比 | -41.5% | -422.7% |
| 每股收益（稀释后） | $1.23 | $-15.85 |
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MMMTFX
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $-401.9M | ||
| Q3 25 | $6.5B | $913.0M | ||
| Q2 25 | $6.3B | $780.9M | ||
| Q1 25 | $6.0B | $700.7M | ||
| Q4 24 | $6.0B | $795.4M | ||
| Q3 24 | $6.3B | $764.4M | ||
| Q2 24 | $6.3B | $749.7M |
净利润MMMTFX
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $-714.3M | ||
| Q3 25 | $834.0M | $-408.9M | ||
| Q2 25 | $723.0M | $122.6M | ||
| Q1 25 | $1.1B | $95.0M | ||
| Q4 24 | $728.0M | $-136.7M | ||
| Q3 24 | $1.4B | $111.0M | ||
| Q2 24 | $1.1B | $80.0M |
毛利率MMMTFX
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | — | ||
| Q3 25 | 41.8% | 49.5% | ||
| Q2 25 | 42.5% | 55.2% | ||
| Q1 25 | 41.6% | 55.6% | ||
| Q4 24 | 51.7% | 55.3% | ||
| Q3 24 | 42.1% | 56.3% | ||
| Q2 24 | 42.9% | 55.6% |
营业利润率MMMTFX
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | — | ||
| Q3 25 | 22.2% | -44.8% | ||
| Q2 25 | 18.0% | 19.9% | ||
| Q1 25 | 20.9% | 17.9% | ||
| Q4 24 | 12.2% | -13.9% | ||
| Q3 24 | 20.9% | 19.5% | ||
| Q2 24 | 20.3% | 15.6% |
净利率MMMTFX
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | 177.8% | ||
| Q3 25 | 12.8% | -44.8% | ||
| Q2 25 | 11.4% | 15.7% | ||
| Q1 25 | 18.7% | 13.6% | ||
| Q4 24 | 12.1% | -17.2% | ||
| Q3 24 | 21.8% | 14.5% | ||
| Q2 24 | 18.3% | 10.7% |
每股收益（稀释后）MMMTFX
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $-15.85 | ||
| Q3 25 | $1.55 | $-9.24 | ||
| Q2 25 | $1.34 | $2.77 | ||
| Q1 25 | $2.04 | $2.07 | ||
| Q4 24 | $1.33 | $-2.89 | ||
| Q3 24 | $2.48 | $2.36 | ||
| Q2 24 | $2.07 | $1.69 |
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 | $378.6M |
| 总债务越低越好 | $10.9B | $2.6B |
| 股东权益账面价值 | $3.3B | $3.1B |
| 总资产 | $35.4B | $6.9B |
| 负债/权益比越低杠杆越低 | 3.29× | 0.85× |
8季度趋势，按日历期对齐
现金及短期投资MMMTFX
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $378.6M | ||
| Q3 25 | — | $354.0M | ||
| Q2 25 | — | $253.7M | ||
| Q1 25 | — | $284.1M | ||
| Q4 24 | — | $290.2M | ||
| Q3 24 | — | $243.2M | ||
| Q2 24 | — | $238.6M |
总债务MMMTFX
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $2.6B | ||
| Q3 25 | $12.6B | $2.7B | ||
| Q2 25 | $13.1B | $1.9B | ||
| Q1 25 | $13.5B | $1.9B | ||
| Q4 24 | $13.0B | $1.7B | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | $13.1B | — |
股东权益MMMTFX
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $3.1B | ||
| Q3 25 | $4.6B | $3.8B | ||
| Q2 25 | $4.3B | $4.2B | ||
| Q1 25 | $4.5B | $4.1B | ||
| Q4 24 | $3.8B | $4.3B | ||
| Q3 24 | $4.6B | $4.5B | ||
| Q2 24 | $3.9B | $4.6B |
总资产MMMTFX
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $6.9B | ||
| Q3 25 | $37.6B | $7.9B | ||
| Q2 25 | $38.0B | $7.4B | ||
| Q1 25 | $40.0B | $7.2B | ||
| Q4 24 | $39.9B | $7.1B | ||
| Q3 24 | $40.9B | $7.5B | ||
| Q2 24 | $43.4B | $7.4B |
负债/权益比MMMTFX
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 0.85× | ||
| Q3 25 | 2.72× | 0.70× | ||
| Q2 25 | 3.06× | 0.45× | ||
| Q1 25 | 3.02× | 0.47× | ||
| Q4 24 | 3.40× | 0.39× | ||
| 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 | — | $-92.3M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $-92.9M |
| 自由现金流率自由现金流/营收 | 33.6% | 23.1% |
| 资本支出强度资本支出/营收 | — | -0.2% |
| 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 | $1.4M |
8季度趋势，按日历期对齐
经营现金流MMMTFX
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $-92.3M | ||
| Q3 25 | $1.8B | $107.8M | ||
| Q2 25 | $-954.0M | $7.8M | ||
| Q1 25 | $-79.0M | $73.3M | ||
| Q4 24 | $1.8B | $202.6M | ||
| Q3 24 | $-1.8B | $231.1M | ||
| Q2 24 | $1.0B | $91.7M |
自由现金流MMMTFX
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $-92.9M | ||
| Q3 25 | $1.5B | $77.8M | ||
| Q2 25 | $-1.2B | $-26.8M | ||
| Q1 25 | $-315.0M | $43.3M | ||
| Q4 24 | $1.5B | $170.6M | ||
| Q3 24 | $-2.0B | $209.9M | ||
| Q2 24 | $752.0M | $56.9M |
自由现金流率MMMTFX
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | 23.1% | ||
| Q3 25 | 23.6% | 8.5% | ||
| Q2 25 | -18.3% | -3.4% | ||
| Q1 25 | -5.3% | 6.2% | ||
| Q4 24 | 25.4% | 21.4% | ||
| Q3 24 | -32.3% | 27.5% | ||
| Q2 24 | 12.0% | 7.6% |
资本支出强度MMMTFX
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | -0.2% | ||
| Q3 25 | 3.3% | 3.3% | ||
| Q2 25 | 3.3% | 4.4% | ||
| Q1 25 | 4.0% | 4.3% | ||
| Q4 24 | 4.8% | 4.0% | ||
| Q3 24 | 3.9% | 2.8% | ||
| Q2 24 | 4.3% | 4.6% |
现金转化率MMMTFX
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | — | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | -1.32× | 0.06× | ||
| Q1 25 | -0.07× | 0.77× | ||
| Q4 24 | 2.50× | — | ||
| Q3 24 | -1.30× | 2.08× | ||
| Q2 24 | 0.89× | 1.15× |
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% |
TFX
暂无分部数据
