vs
3M（MMM）与TTEC Holdings, Inc.（TTEC）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TTEC Holdings, Inc.的10.6倍（$6.0B vs $570.0M）。3M净利率更高（10.8% vs -29.9%，领先40.7%）。3M同比增速更快（1.3% vs 0.4%）。3M自由现金流更多（$2.0B vs $-9.2M）。过去两年TTEC Holdings, Inc.的营收复合增速更高（-0.6% 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。
TTEC Holdings, Inc.是一家提供客户体验技术与服务的美国企业，总部运营中心位于得克萨斯州奥斯汀，专注为各行业客户打造全链路客户体验解决方案，凭借专业技术与服务能力深耕全球客户体验服务领域多年。
MMM vs TTEC — 直观对比
营收规模更大
MMM
是对方的10.6倍
$570.0M
营收增速更快
MMM
高出0.9%
0.4%
净利率更高
MMM
高出40.7%
-29.9%
自由现金流更多
MMM
多$2.0B
$-9.2M
两年增速更快
TTEC
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $570.0M |
| 净利润 | $653.0M | $-170.5M |
| 毛利率 | 40.7% | — |
| 营业利润率 | 23.2% | -30.3% |
| 净利率 | 10.8% | -29.9% |
| 营收同比 | 1.3% | 0.4% |
| 净利润同比 | -41.5% | -3791.9% |
| 每股收益（稀释后） | $1.23 | $-3.57 |
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MMMTTEC
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $570.0M | ||
| Q3 25 | $6.5B | $519.1M | ||
| Q2 25 | $6.3B | $513.6M | ||
| Q1 25 | $6.0B | $534.2M | ||
| Q4 24 | $6.0B | $567.4M | ||
| Q3 24 | $6.3B | $529.4M | ||
| Q2 24 | $6.3B | $534.1M |
净利润MMMTTEC
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $-170.5M | ||
| Q3 25 | $834.0M | $-13.4M | ||
| Q2 25 | $723.0M | $-8.0M | ||
| Q1 25 | $1.1B | $1.4M | ||
| Q4 24 | $728.0M | $4.6M | ||
| Q3 24 | $1.4B | $-21.1M | ||
| Q2 24 | $1.1B | $-299.5M |
毛利率MMMTTEC
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | — | ||
| Q3 25 | 41.8% | — | ||
| Q2 25 | 42.5% | — | ||
| Q1 25 | 41.6% | — | ||
| Q4 24 | 51.7% | — | ||
| Q3 24 | 42.1% | — | ||
| Q2 24 | 42.9% | — |
营业利润率MMMTTEC
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | -30.3% | ||
| Q3 25 | 22.2% | 2.4% | ||
| Q2 25 | 18.0% | 3.7% | ||
| Q1 25 | 20.9% | 4.5% | ||
| Q4 24 | 12.2% | 2.7% | ||
| Q3 24 | 20.9% | 2.4% | ||
| Q2 24 | 20.3% | -42.0% |
净利率MMMTTEC
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | -29.9% | ||
| Q3 25 | 12.8% | -2.6% | ||
| Q2 25 | 11.4% | -1.6% | ||
| Q1 25 | 18.7% | 0.3% | ||
| Q4 24 | 12.1% | 0.8% | ||
| Q3 24 | 21.8% | -4.0% | ||
| Q2 24 | 18.3% | -56.1% |
每股收益（稀释后）MMMTTEC
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $-3.57 | ||
| Q3 25 | $1.55 | $-0.28 | ||
| Q2 25 | $1.34 | $-0.17 | ||
| Q1 25 | $2.04 | $0.03 | ||
| Q4 24 | $1.33 | $0.05 | ||
| Q3 24 | $2.48 | $-0.44 | ||
| Q2 24 | $2.07 | $-6.30 |
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 | $82.9M |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $3.3B | $112.9M |
| 总资产 | $35.4B | $1.5B |
| 负债/权益比越低杠杆越低 | 3.29× | — |
8季度趋势，按日历期对齐
现金及短期投资MMMTTEC
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $82.9M | ||
| Q3 25 | — | $73.5M | ||
| Q2 25 | — | $82.6M | ||
| Q1 25 | — | $85.1M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | — | $96.9M | ||
| Q2 24 | — | $79.8M |
总债务MMMTTEC
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | — | ||
| Q3 25 | $12.6B | — | ||
| Q2 25 | $13.1B | — | ||
| Q1 25 | $13.5B | — | ||
| Q4 24 | $13.0B | — | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | $13.1B | — |
股东权益MMMTTEC
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $112.9M | ||
| Q3 25 | $4.6B | $280.8M | ||
| Q2 25 | $4.3B | $295.2M | ||
| Q1 25 | $4.5B | $281.5M | ||
| Q4 24 | $3.8B | $268.1M | ||
| Q3 24 | $4.6B | $295.1M | ||
| Q2 24 | $3.9B | $304.2M |
总资产MMMTTEC
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $1.5B | ||
| Q3 25 | $37.6B | $1.7B | ||
| Q2 25 | $38.0B | $1.7B | ||
| Q1 25 | $40.0B | $1.7B | ||
| Q4 24 | $39.9B | $1.8B | ||
| Q3 24 | $40.9B | $1.8B | ||
| Q2 24 | $43.4B | $1.8B |
负债/权益比MMMTTEC
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | — | ||
| Q3 25 | 2.72× | — | ||
| Q2 25 | 3.06× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 3.40× | — | ||
| 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 | — | $2.6M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $-9.2M |
| 自由现金流率自由现金流/营收 | 33.6% | -1.6% |
| 资本支出强度资本支出/营收 | — | 2.1% |
| 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 | $83.0M |
8季度趋势，按日历期对齐
经营现金流MMMTTEC
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $2.6M | ||
| Q3 25 | $1.8B | $4.2M | ||
| Q2 25 | $-954.0M | $92.7M | ||
| Q1 25 | $-79.0M | $21.6M | ||
| Q4 24 | $1.8B | $-1.1M | ||
| Q3 24 | $-1.8B | $-91.4M | ||
| Q2 24 | $1.0B | $49.3M |
自由现金流MMMTTEC
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $-9.2M | ||
| Q3 25 | $1.5B | $-9.6M | ||
| Q2 25 | $-1.2B | $85.5M | ||
| Q1 25 | $-315.0M | $16.2M | ||
| Q4 24 | $1.5B | $-9.8M | ||
| Q3 24 | $-2.0B | $-100.2M | ||
| Q2 24 | $752.0M | $35.1M |
自由现金流率MMMTTEC
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | -1.6% | ||
| Q3 25 | 23.6% | -1.8% | ||
| Q2 25 | -18.3% | 16.7% | ||
| Q1 25 | -5.3% | 3.0% | ||
| Q4 24 | 25.4% | -1.7% | ||
| Q3 24 | -32.3% | -18.9% | ||
| Q2 24 | 12.0% | 6.6% |
资本支出强度MMMTTEC
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 2.1% | ||
| Q3 25 | 3.3% | 2.7% | ||
| Q2 25 | 3.3% | 1.4% | ||
| Q1 25 | 4.0% | 1.0% | ||
| Q4 24 | 4.8% | 1.5% | ||
| Q3 24 | 3.9% | 1.7% | ||
| Q2 24 | 4.3% | 2.7% |
现金转化率MMMTTEC
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | — | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | -1.32× | — | ||
| Q1 25 | -0.07× | 15.60× | ||
| Q4 24 | 2.50× | -0.24× | ||
| Q3 24 | -1.30× | — | ||
| Q2 24 | 0.89× | — |
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% |
TTEC
| Ttec Engage | $444.5M | 78% |
| Ttec Digital | $125.5M | 22% |
