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3M（MMM）与Wheels Up Experience Inc.（UP）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Wheels Up Experience Inc.的32.8倍（$6.0B vs $183.8M）。3M净利率更高（10.8% vs -15.7%，领先26.5%）。3M同比增速更快（1.3% vs -10.2%）。3M自由现金流更多（$2.0B vs $-58.3M）。过去两年3M的营收复合增速更高（-1.8% vs -3.4%）
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。
Wheels Up是美国领先的按需私人航空服务提供商，也是全球规模最大的私人航空企业之一。公司由肯尼·迪希特创立于2013年，采用会员制按需服务的商业模式，会员可通过移动应用程序，从公司自有机队及第三方运营商处预订私人飞机出行。
MMM vs UP — 直观对比
营收规模更大
MMM
是对方的32.8倍
$183.8M
营收增速更快
MMM
高出11.5%
-10.2%
净利率更高
MMM
高出26.5%
-15.7%
自由现金流更多
MMM
多$2.1B
$-58.3M
两年增速更快
MMM
近两年复合增速
-3.4%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $183.8M |
| 净利润 | $653.0M | $-28.9M |
| 毛利率 | 40.7% | 14.3% |
| 营业利润率 | 23.2% | -0.9% |
| 净利率 | 10.8% | -15.7% |
| 营收同比 | 1.3% | -10.2% |
| 净利润同比 | -41.5% | 67.0% |
| 每股收益（稀释后） | $1.23 | $-0.04 |
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MMMUP
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $183.8M | ||
| Q3 25 | $6.5B | $185.5M | ||
| Q2 25 | $6.3B | $189.6M | ||
| Q1 25 | $6.0B | $177.5M | ||
| Q4 24 | $6.0B | $204.8M | ||
| Q3 24 | $6.3B | $193.9M | ||
| Q2 24 | $6.3B | $196.3M |
净利润MMMUP
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $-28.9M | ||
| Q3 25 | $834.0M | $-83.7M | ||
| Q2 25 | $723.0M | $-82.3M | ||
| Q1 25 | $1.1B | $-99.3M | ||
| Q4 24 | $728.0M | $-87.5M | ||
| Q3 24 | $1.4B | $-57.7M | ||
| Q2 24 | $1.1B | $-97.0M |
毛利率MMMUP
| Q1 26 | 40.7% | — | ||
| Q4 25 | 33.6% | 14.3% | ||
| Q3 25 | 41.8% | 6.8% | ||
| Q2 25 | 42.5% | 8.3% | ||
| Q1 25 | 41.6% | 10.8% | ||
| Q4 24 | 51.7% | 13.9% | ||
| Q3 24 | 42.1% | 13.9% | ||
| Q2 24 | 42.9% | 2.3% |
营业利润率MMMUP
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | -0.9% | ||
| Q3 25 | 22.2% | -33.1% | ||
| Q2 25 | 18.0% | -31.4% | ||
| Q1 25 | 20.9% | -45.5% | ||
| Q4 24 | 12.2% | -26.0% | ||
| Q3 24 | 20.9% | -21.6% | ||
| Q2 24 | 20.3% | -40.3% |
净利率MMMUP
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | -15.7% | ||
| Q3 25 | 12.8% | -45.1% | ||
| Q2 25 | 11.4% | -43.4% | ||
| Q1 25 | 18.7% | -55.9% | ||
| Q4 24 | 12.1% | -42.7% | ||
| Q3 24 | 21.8% | -29.8% | ||
| Q2 24 | 18.3% | -49.4% |
每股收益（稀释后）MMMUP
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $-0.04 | ||
| Q3 25 | $1.55 | $-0.12 | ||
| Q2 25 | $1.34 | $-0.12 | ||
| Q1 25 | $2.04 | $-0.14 | ||
| Q4 24 | $1.33 | $-0.13 | ||
| Q3 24 | $2.48 | $-0.08 | ||
| Q2 24 | $2.07 | $-0.14 |
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 | $133.9M |
| 总债务越低越好 | $10.9B | $671.3M |
| 股东权益账面价值 | $3.3B | $-392.1M |
| 总资产 | $35.4B | $968.8M |
| 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MMMUP
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $133.9M | ||
| Q3 25 | — | $125.3M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $171.8M | ||
| Q4 24 | — | $216.4M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | — | $141.5M |
总债务MMMUP
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $671.3M | ||
| Q3 25 | $12.6B | $766.5M | ||
| Q2 25 | $13.1B | $770.5M | ||
| Q1 25 | $13.5B | $765.8M | ||
| Q4 24 | $13.0B | $761.3M | ||
| Q3 24 | $13.2B | $596.9M | ||
| Q2 24 | $13.1B | $597.4M |
股东权益MMMUP
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $-392.1M | ||
| Q3 25 | $4.6B | $-374.5M | ||
| Q2 25 | $4.3B | $-347.8M | ||
| Q1 25 | $4.5B | $-288.1M | ||
| Q4 24 | $3.8B | $-202.1M | ||
| Q3 24 | $4.6B | $-117.7M | ||
| Q2 24 | $3.9B | $-72.2M |
总资产MMMUP
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $968.8M | ||
| Q3 25 | $37.6B | $973.0M | ||
| Q2 25 | $38.0B | $1.0B | ||
| Q1 25 | $40.0B | $1.1B | ||
| Q4 24 | $39.9B | $1.2B | ||
| Q3 24 | $40.9B | $1.0B | ||
| Q2 24 | $43.4B | $1.1B |
负债/权益比MMMUP
| 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 | — | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $-58.3M |
| 自由现金流率自由现金流/营收 | 33.6% | -31.7% |
| 资本支出强度资本支出/营收 | — | 21.7% |
| 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 | $-259.9M |
8季度趋势，按日历期对齐
经营现金流MMMUP
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $-18.4M | ||
| Q3 25 | $1.8B | $-37.1M | ||
| Q2 25 | $-954.0M | $-62.9M | ||
| Q1 25 | $-79.0M | $-47.9M | ||
| Q4 24 | $1.8B | $37.9M | ||
| Q3 24 | $-1.8B | $-16.9M | ||
| Q2 24 | $1.0B | $-25.2M |
自由现金流MMMUP
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $-58.3M | ||
| Q3 25 | $1.5B | $-60.4M | ||
| Q2 25 | $-1.2B | $-78.6M | ||
| Q1 25 | $-315.0M | $-62.6M | ||
| Q4 24 | $1.5B | $-70.2M | ||
| Q3 24 | $-2.0B | $-21.9M | ||
| Q2 24 | $752.0M | $-30.8M |
自由现金流率MMMUP
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | -31.7% | ||
| Q3 25 | 23.6% | -32.6% | ||
| Q2 25 | -18.3% | -41.5% | ||
| Q1 25 | -5.3% | -35.3% | ||
| Q4 24 | 25.4% | -34.3% | ||
| Q3 24 | -32.3% | -11.3% | ||
| Q2 24 | 12.0% | -15.7% |
资本支出强度MMMUP
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 21.7% | ||
| Q3 25 | 3.3% | 12.5% | ||
| Q2 25 | 3.3% | 8.3% | ||
| Q1 25 | 4.0% | 8.3% | ||
| Q4 24 | 4.8% | 52.8% | ||
| Q3 24 | 3.9% | 2.6% | ||
| Q2 24 | 4.3% | 2.9% |
现金转化率MMMUP
| 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× | — |
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% |
UP
暂无分部数据
