vs
美光科技（MU）与巴西国家石油公司（PBR）财务数据对比。点击上方公司名可切换其他公司
美光科技的季度营收约是巴西国家石油公司的1.1倍（$23.9B vs $21.0B），美光科技净利率更高（57.8% vs 22.6%，领先35.2%），美光科技同比增速更快（196.3% vs -10.4%）
美光科技是总部位于美国爱达荷州博伊西的半导体厂商，专注于计算机内存及数据存储产品的研发生产，核心产品涵盖动态随机存取存储器（DRAM）、闪存、固态硬盘（SSD）等，是全球知名的存储解决方案供应商，产品广泛应用于消费电子、数据中心等诸多领域。
巴西国家石油公司（常简称巴西石油）是巴西政府控股的跨国油气企业，总部位于里约热内卢，业务覆盖油气勘探开发、炼化、销售等全产业链，是拉美地区头部能源企业，在全球石油行业具备较强市场影响力。
MU vs PBR — 直观对比
营收规模更大
MU
是对方的1.1倍
$21.0B
营收增速更快
MU
高出206.6%
-10.4%
净利率更高
MU
高出35.2%
22.6%
损益表 — Q2 FY2026 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $23.9B | $21.0B |
| 净利润 | $13.8B | $4.8B |
| 毛利率 | 74.4% | 47.6% |
| 营业利润率 | 67.6% | 25.4% |
| 净利率 | 57.8% | 22.6% |
| 营收同比 | 196.3% | -10.4% |
| 净利润同比 | 770.8% | 1563.7% |
| 每股收益（稀释后） | $12.07 | $0.37 |
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MUPBR
| Q1 26 | $23.9B | — | ||
| Q4 25 | $13.6B | — | ||
| Q3 25 | $11.3B | — | ||
| Q2 25 | $9.3B | $21.0B | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.7B | — | ||
| Q3 24 | $7.8B | — | ||
| Q2 24 | $6.8B | $23.5B |
净利润MUPBR
| Q1 26 | $13.8B | — | ||
| Q4 25 | $5.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $1.9B | $4.8B | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $332.0M | $-325.0M |
毛利率MUPBR
| Q1 26 | 74.4% | — | ||
| Q4 25 | 56.0% | — | ||
| Q3 25 | 44.7% | — | ||
| Q2 25 | 37.7% | 47.6% | ||
| Q1 25 | 36.8% | — | ||
| Q4 24 | 38.4% | — | ||
| Q3 24 | 35.3% | — | ||
| Q2 24 | 26.9% | 50.0% |
营业利润率MUPBR
| Q1 26 | 67.6% | — | ||
| Q4 25 | 45.0% | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 23.3% | 25.4% | ||
| Q1 25 | 22.0% | — | ||
| Q4 24 | 25.0% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 10.6% | 28.6% |
净利率MUPBR
| Q1 26 | 57.8% | — | ||
| Q4 25 | 38.4% | — | ||
| Q3 25 | 28.3% | — | ||
| Q2 25 | 20.3% | 22.6% | ||
| Q1 25 | 19.7% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 4.9% | -1.4% |
每股收益（稀释后）MUPBR
| Q1 26 | $12.07 | — | ||
| Q4 25 | $4.60 | — | ||
| Q3 25 | $2.83 | — | ||
| Q2 25 | $1.68 | $0.37 | ||
| Q1 25 | $1.41 | — | ||
| Q4 24 | $1.67 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $0.30 | $-0.03 |
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 | $13.9B | $7.0B |
| 总债务越低越好 | $9.6B | — |
| 股东权益账面价值 | $72.5B | $73.6B |
| 总资产 | $101.5B | $215.3B |
| 负债/权益比越低杠杆越低 | 0.13× | — |
8季度趋势，按日历期对齐
现金及短期投资MUPBR
| Q1 26 | $13.9B | — | ||
| Q4 25 | $9.7B | — | ||
| Q3 25 | $9.6B | — | ||
| Q2 25 | $10.2B | $7.0B | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $7.0B | — | ||
| Q2 24 | $7.6B | $7.9B |
总债务MUPBR
| Q1 26 | $9.6B | — | ||
| Q4 25 | $11.2B | — | ||
| Q3 25 | $14.0B | — | ||
| Q2 25 | $15.0B | — | ||
| Q1 25 | $13.9B | — | ||
| Q4 24 | $13.3B | — | ||
| Q3 24 | $13.0B | — | ||
| Q2 24 | $12.9B | — |
股东权益MUPBR
| Q1 26 | $72.5B | — | ||
| Q4 25 | $58.8B | — | ||
| Q3 25 | $54.2B | — | ||
| Q2 25 | $50.7B | $73.6B | ||
| Q1 25 | $48.6B | — | ||
| Q4 24 | $46.8B | — | ||
| Q3 24 | $45.1B | — | ||
| Q2 24 | $44.2B | $67.6B |
总资产MUPBR
| Q1 26 | $101.5B | — | ||
| Q4 25 | $86.0B | — | ||
| Q3 25 | $82.8B | — | ||
| Q2 25 | $78.4B | $215.3B | ||
| Q1 25 | $73.1B | — | ||
| Q4 24 | $71.5B | — | ||
| Q3 24 | $69.4B | — | ||
| Q2 24 | $66.3B | $190.4B |
负债/权益比MUPBR
| Q1 26 | 0.13× | — | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.29× | — | ||
| Q2 24 | 0.29× | — |
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 | $11.9B | — |
| 自由现金流经营现金流 - 资本支出 | $5.5B | — |
| 自由现金流率自由现金流/营收 | 23.1% | — |
| 资本支出强度资本支出/营收 | 26.8% | — |
| 现金转化率经营现金流/净利润 | 0.86× | — |
| 过去12个月自由现金流最近4个季度 | $11.9B | — |
8季度趋势，按日历期对齐
经营现金流MUPBR
| Q1 26 | $11.9B | — | ||
| Q4 25 | $8.4B | — | ||
| Q3 25 | $17.5B | — | ||
| Q2 25 | $4.6B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $8.5B | — | ||
| Q2 24 | $2.5B | — |
自由现金流MUPBR
| Q1 26 | $5.5B | — | ||
| Q4 25 | $3.0B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $-113.0M | — | ||
| Q4 24 | $38.0M | — | ||
| Q3 24 | $121.0M | — | ||
| Q2 24 | $396.0M | — |
自由现金流率MUPBR
| Q1 26 | 23.1% | — | ||
| Q4 25 | 22.2% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | -1.4% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 5.8% | — |
资本支出强度MUPBR
| Q1 26 | 26.8% | — | ||
| Q4 25 | 39.5% | — | ||
| Q3 25 | 140.1% | — | ||
| Q2 25 | 31.6% | — | ||
| Q1 25 | 50.4% | — | ||
| Q4 24 | 36.8% | — | ||
| Q3 24 | 108.2% | — | ||
| Q2 24 | 30.6% | — |
现金转化率MUPBR
| Q1 26 | 0.86× | — | ||
| Q4 25 | 1.61× | — | ||
| Q3 25 | 5.47× | — | ||
| Q2 25 | 2.45× | — | ||
| Q1 25 | 2.49× | — | ||
| Q4 24 | 1.73× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 7.48× | — |
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
MU
| CMBU | $7.7B | 32% |
| MCBU | $7.7B | 32% |
| CDBU | $5.7B | 24% |
| AEBU | $2.7B | 11% |
| Other Product Sales | $95.0M | 0% |
PBR
暂无分部数据
