vs
3M（MMM）与NCR Voyix Corp（VYX）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NCR Voyix Corp的8.4倍（$6.0B vs $720.0M）。NCR Voyix Corp净利率更高（13.6% vs 10.8%，领先2.8%）。NCR Voyix Corp同比增速更快（6.2% vs 1.3%）。过去两年NCR Voyix Corp的营收复合增速更高（0.7% 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。
NCR Voyix是一家全球化软件、咨询与科技企业，前身为恩智瑞公司与国民收银机公司，核心业务涵盖专业技术服务与电子产品供应，曾生产自助服务终端、收银POS机、自动柜员机、支票处理系统及条码扫描器等设备。
MMM vs VYX — 直观对比
营收规模更大
MMM
是对方的8.4倍
$720.0M
营收增速更快
VYX
高出4.9%
1.3%
净利率更高
VYX
高出2.8%
10.8%
两年增速更快
VYX
近两年复合增速
-1.8%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $720.0M |
| 净利润 | $653.0M | $98.0M |
| 毛利率 | 40.7% | — |
| 营业利润率 | 23.2% | 2.4% |
| 净利率 | 10.8% | 13.6% |
| 营收同比 | 1.3% | 6.2% |
| 净利润同比 | -41.5% | 990.9% |
| 每股收益（稀释后） | $1.23 | $0.64 |
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MMMVYX
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.1B | $720.0M | ||
| Q3 25 | $6.5B | $684.0M | ||
| Q2 25 | $6.3B | $666.0M | ||
| Q1 25 | $6.0B | $617.0M | ||
| Q4 24 | $6.0B | $678.0M | ||
| Q3 24 | $6.3B | $708.0M | ||
| Q2 24 | $6.3B | $722.0M |
净利润MMMVYX
| Q1 26 | $653.0M | — | ||
| Q4 25 | $577.0M | $98.0M | ||
| Q3 25 | $834.0M | $-19.0M | ||
| Q2 25 | $723.0M | $0 | ||
| Q1 25 | $1.1B | $-17.0M | ||
| Q4 24 | $728.0M | $-11.0M | ||
| Q3 24 | $1.4B | $1.1B | ||
| Q2 24 | $1.1B | $-73.0M |
毛利率MMMVYX
| 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% | 23.4% | ||
| Q2 24 | 42.9% | 17.5% |
营业利润率MMMVYX
| Q1 26 | 23.2% | — | ||
| Q4 25 | 13.0% | 2.4% | ||
| Q3 25 | 22.2% | 2.2% | ||
| Q2 25 | 18.0% | 2.1% | ||
| Q1 25 | 20.9% | -3.2% | ||
| Q4 24 | 12.2% | -0.1% | ||
| Q3 24 | 20.9% | 2.3% | ||
| Q2 24 | 20.3% | -4.7% |
净利率MMMVYX
| Q1 26 | 10.8% | — | ||
| Q4 25 | 9.4% | 13.6% | ||
| Q3 25 | 12.8% | -2.8% | ||
| Q2 25 | 11.4% | — | ||
| Q1 25 | 18.7% | -2.8% | ||
| Q4 24 | 12.1% | -1.6% | ||
| Q3 24 | 21.8% | 152.8% | ||
| Q2 24 | 18.3% | -10.1% |
每股收益（稀释后）MMMVYX
| Q1 26 | $1.23 | — | ||
| Q4 25 | $1.07 | $0.64 | ||
| Q3 25 | $1.55 | $-0.16 | ||
| Q2 25 | $1.34 | $-0.03 | ||
| Q1 25 | $2.04 | $-0.15 | ||
| Q4 24 | $1.33 | $-0.05 | ||
| Q3 24 | $2.48 | $7.41 | ||
| Q2 24 | $2.07 | $-0.53 |
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 | $231.0M |
| 总债务越低越好 | $10.9B | $1.1B |
| 股东权益账面价值 | $3.3B | $948.0M |
| 总资产 | $35.4B | $3.9B |
| 负债/权益比越低杠杆越低 | 3.29× | 1.17× |
8季度趋势，按日历期对齐
现金及短期投资MMMVYX
| Q1 26 | $3.7B | — | ||
| Q4 25 | — | $231.0M | ||
| Q3 25 | — | $282.0M | ||
| Q2 25 | — | $276.0M | ||
| Q1 25 | — | $573.0M | ||
| Q4 24 | — | $722.0M | ||
| Q3 24 | — | $792.0M | ||
| Q2 24 | — | $203.0M |
总债务MMMVYX
| Q1 26 | $10.9B | — | ||
| Q4 25 | $12.6B | $1.1B | ||
| Q3 25 | $12.6B | — | ||
| Q2 25 | $13.1B | — | ||
| Q1 25 | $13.5B | — | ||
| Q4 24 | $13.0B | $1.1B | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | $13.1B | — |
股东权益MMMVYX
| Q1 26 | $3.3B | — | ||
| Q4 25 | $4.7B | $948.0M | ||
| Q3 25 | $4.6B | $848.0M | ||
| Q2 25 | $4.3B | $867.0M | ||
| Q1 25 | $4.5B | $857.0M | ||
| Q4 24 | $3.8B | $933.0M | ||
| Q3 24 | $4.6B | $1.0B | ||
| Q2 24 | $3.9B | $-85.0M |
总资产MMMVYX
| Q1 26 | $35.4B | — | ||
| Q4 25 | $37.7B | $3.9B | ||
| Q3 25 | $37.6B | $4.0B | ||
| Q2 25 | $38.0B | $4.0B | ||
| Q1 25 | $40.0B | $4.3B | ||
| Q4 24 | $39.9B | $4.5B | ||
| Q3 24 | $40.9B | $4.7B | ||
| Q2 24 | $43.4B | $4.8B |
负债/权益比MMMVYX
| Q1 26 | 3.29× | — | ||
| Q4 25 | 2.68× | 1.17× | ||
| Q3 25 | 2.72× | — | ||
| Q2 25 | 3.06× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 3.40× | 1.18× | ||
| 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 | — | $60.0M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | — |
| 自由现金流率自由现金流/营收 | 33.6% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.61× |
| 过去12个月自由现金流最近4个季度 | $3.7B | — |
8季度趋势，按日历期对齐
经营现金流MMMVYX
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $60.0M | ||
| Q3 25 | $1.8B | $14.0M | ||
| Q2 25 | $-954.0M | $-242.0M | ||
| Q1 25 | $-79.0M | $-42.0M | ||
| Q4 24 | $1.8B | $-170.0M | ||
| Q3 24 | $-1.8B | $11.0M | ||
| Q2 24 | $1.0B | $62.0M |
自由现金流MMMVYX
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.5B | $10.0M | ||
| Q2 25 | $-1.2B | $-249.0M | ||
| Q1 25 | $-315.0M | $-50.0M | ||
| Q4 24 | $1.5B | $-177.0M | ||
| Q3 24 | $-2.0B | $9.0M | ||
| Q2 24 | $752.0M | $49.0M |
自由现金流率MMMVYX
| Q1 26 | 33.6% | — | ||
| Q4 25 | 21.8% | — | ||
| Q3 25 | 23.6% | 1.5% | ||
| Q2 25 | -18.3% | -37.4% | ||
| Q1 25 | -5.3% | -8.1% | ||
| Q4 24 | 25.4% | -26.1% | ||
| Q3 24 | -32.3% | 1.3% | ||
| Q2 24 | 12.0% | 6.8% |
资本支出强度MMMVYX
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | — | ||
| Q3 25 | 3.3% | 0.6% | ||
| Q2 25 | 3.3% | 1.1% | ||
| Q1 25 | 4.0% | 1.3% | ||
| Q4 24 | 4.8% | 1.0% | ||
| Q3 24 | 3.9% | 0.3% | ||
| Q2 24 | 4.3% | 1.8% |
现金转化率MMMVYX
| Q1 26 | — | — | ||
| Q4 25 | 2.74× | 0.61× | ||
| Q3 25 | 2.11× | — | ||
| Q2 25 | -1.32× | — | ||
| Q1 25 | -0.07× | — | ||
| Q4 24 | 2.50× | — | ||
| Q3 24 | -1.30× | 0.01× | ||
| 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% |
VYX
| Services | $484.0M | 67% |
| Products | $236.0M | 33% |
