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摩根士丹利（MS）与菲利普斯66（PSX）财务数据对比。点击上方公司名可切换其他公司
菲利普斯66的季度营收约是摩根士丹利的1.9倍（$34.1B vs $17.9B），摩根士丹利净利率更高（24.6% vs 8.5%，领先16.1%）
摩根士丹利是总部位于美国纽约曼哈顿中城百老汇1585号的跨国投资银行及金融服务提供商，在全球42个国家设有办事处，员工超8万名，服务客户涵盖企业、政府、机构及个人。2023年该公司位列美国财富500强第61位，同年位居福布斯全球2000强第30位。
菲利普斯66是总部位于美国得克萨斯州休斯敦韦斯特切斯的跨国能源企业。其品牌名称最早可追溯至1927年，最初是菲利普斯石油公司的注册商标，现行运营主体是康菲与菲利普斯合并组建康菲石油十年后分拆成立的。
MS vs PSX — 直观对比
营收规模更大
PSX
是对方的1.9倍
$17.9B
净利率更高
MS
高出16.1%
8.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $17.9B | $34.1B |
| 净利润 | $4.4B | $2.9B |
| 毛利率 | — | 14.6% |
| 营业利润率 | 32.2% | — |
| 净利率 | 24.6% | 8.5% |
| 营收同比 | — | 1.3% |
| 净利润同比 | — | 36225.0% |
| 每股收益（稀释后） | $2.68 | $7.14 |
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MSPSX
| Q4 25 | $17.9B | $34.1B | ||
| Q3 25 | $18.2B | $34.5B | ||
| Q2 25 | $16.8B | $33.3B | ||
| Q1 25 | $17.7B | $30.4B | ||
| Q4 24 | — | $33.7B | ||
| Q3 24 | $15.4B | $35.5B | ||
| Q2 24 | $15.0B | $38.1B | ||
| Q1 24 | $15.1B | $35.8B |
净利润MSPSX
| Q4 25 | $4.4B | $2.9B | ||
| Q3 25 | $4.6B | $133.0M | ||
| Q2 25 | $3.5B | $877.0M | ||
| Q1 25 | $4.3B | $487.0M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | $3.2B | $346.0M | ||
| Q2 24 | $3.1B | $1.0B | ||
| Q1 24 | $3.4B | $748.0M |
毛利率MSPSX
| Q4 25 | — | 14.6% | ||
| Q3 25 | — | 12.4% | ||
| Q2 25 | — | 12.7% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 9.4% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | 9.6% |
营业利润率MSPSX
| Q4 25 | 32.2% | — | ||
| Q3 25 | 33.1% | — | ||
| Q2 25 | 27.5% | — | ||
| Q1 25 | 31.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 27.4% | — | ||
| Q2 24 | 27.1% | — | ||
| Q1 24 | 29.0% | — |
净利率MSPSX
| Q4 25 | 24.6% | 8.5% | ||
| Q3 25 | 25.3% | 0.4% | ||
| Q2 25 | 21.1% | 2.6% | ||
| Q1 25 | 24.3% | 1.6% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | 20.7% | 1.0% | ||
| Q2 24 | 20.5% | 2.7% | ||
| Q1 24 | 22.5% | 2.1% |
每股收益（稀释后）MSPSX
| Q4 25 | $2.68 | $7.14 | ||
| Q3 25 | $2.80 | $0.32 | ||
| Q2 25 | $2.13 | $2.15 | ||
| Q1 25 | $2.60 | $1.18 | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | $1.88 | $0.82 | ||
| Q2 24 | $1.82 | $2.38 | ||
| Q1 24 | $2.02 | $1.73 |
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 | $111.7B | $1.1B |
| 总债务越低越好 | $341.7B | $18.7B |
| 股东权益账面价值 | $111.6B | $29.1B |
| 总资产 | $1420.3B | $73.7B |
| 负债/权益比越低杠杆越低 | 3.06× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MSPSX
| Q4 25 | $111.7B | $1.1B | ||
| Q3 25 | $103.7B | $1.8B | ||
| Q2 25 | $109.1B | $1.1B | ||
| Q1 25 | $90.7B | $1.5B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $91.1B | $1.6B | ||
| Q2 24 | $90.2B | $2.4B | ||
| Q1 24 | $102.3B | $1.6B |
总债务MSPSX
| Q4 25 | $341.7B | $18.7B | ||
| Q3 25 | $324.1B | $19.2B | ||
| Q2 25 | $320.1B | $17.2B | ||
| Q1 25 | $297.0B | $17.7B | ||
| Q4 24 | — | $18.2B | ||
| Q3 24 | $291.2B | $18.5B | ||
| Q2 24 | $269.9B | $17.2B | ||
| Q1 24 | $266.1B | $17.8B |
股东权益MSPSX
| Q4 25 | $111.6B | $29.1B | ||
| Q3 25 | $110.0B | $26.9B | ||
| Q2 25 | $108.2B | $27.5B | ||
| Q1 25 | $106.8B | $27.3B | ||
| Q4 24 | — | $27.4B | ||
| Q3 24 | $103.6B | $28.7B | ||
| Q2 24 | $100.7B | $29.5B | ||
| Q1 24 | $99.2B | $29.7B |
总资产MSPSX
| Q4 25 | $1420.3B | $73.7B | ||
| Q3 25 | $1364.8B | $76.1B | ||
| Q2 25 | $1353.9B | $75.9B | ||
| Q1 25 | $1300.3B | $71.8B | ||
| Q4 24 | — | $72.6B | ||
| Q3 24 | $1258.0B | $75.1B | ||
| Q2 24 | $1212.4B | $75.9B | ||
| Q1 24 | $1228.5B | $76.4B |
负债/权益比MSPSX
| Q4 25 | 3.06× | 0.64× | ||
| Q3 25 | 2.95× | 0.71× | ||
| Q2 25 | 2.96× | 0.63× | ||
| Q1 25 | 2.78× | 0.65× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | 2.81× | 0.64× | ||
| Q2 24 | 2.68× | 0.58× | ||
| Q1 24 | 2.68× | 0.60× |
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 | $-2.4B | $2.8B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | -0.55× | 0.95× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MSPSX
| Q4 25 | $-2.4B | $2.8B | ||
| Q3 25 | $-3.3B | $1.2B | ||
| Q2 25 | $11.8B | $845.0M | ||
| Q1 25 | $-24.0B | $187.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | $4.4B | $-236.0M |
现金转化率MSPSX
| Q4 25 | -0.55× | 0.95× | ||
| Q3 25 | -0.72× | 8.86× | ||
| Q2 25 | 3.34× | 0.96× | ||
| Q1 25 | -5.56× | 0.38× | ||
| Q4 24 | — | 149.75× | ||
| Q3 24 | — | 3.27× | ||
| Q2 24 | — | 2.07× | ||
| Q1 24 | 1.28× | -0.32× |
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
MS
暂无分部数据
PSX
| Marketing Speciality Segment | $21.7B | 64% |
| Crude Oil | $3.7B | 11% |
| GB | $3.5B | 10% |
| Other Geographical Areas | $2.4B | 7% |
| DE | $1.1B | 3% |
| Renewable Fuels | $876.0M | 3% |
| Other Product Line | $634.0M | 2% |
