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Mueller Water Products, Inc.（MWA）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是Mueller Water Products, Inc.的1.1倍（$362.7M vs $318.2M），Mueller Water Products, Inc.净利率更高（13.6% vs -10.7%，领先24.2%），Mueller Water Products, Inc.自由现金流更多（$44.0M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -5.1%）
穆勒水业（Mueller Water Products, Inc.）是总部位于美国佐治亚州亚特兰大的上市企业，为北美规模顶尖的消防栓、闸阀及其他水务基础设施产品生产商与分销商之一，旗下设有Mueller Co.和Mueller Technologies两大业务单元，运营包括Echologics、Mueller Systems在内的十余个品牌及关联主体。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
MWA vs VNET — 直观对比
营收规模更大
VNET
是对方的1.1倍
$318.2M
净利率更高
MWA
高出24.2%
-10.7%
自由现金流更多
MWA
多$237.1M
$-193.1M
两年增速更快
VNET
近两年复合增速
-5.1%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $318.2M | $362.7M |
| 净利润 | $43.2M | $-38.7M |
| 毛利率 | 37.6% | 20.9% |
| 营业利润率 | 17.8% | 0.5% |
| 净利率 | 13.6% | -10.7% |
| 营收同比 | 4.6% | — |
| 净利润同比 | 22.4% | — |
| 每股收益（稀释后） | $0.27 | — |
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MWAVNET
| Q4 25 | $318.2M | — | ||
| Q3 25 | $380.8M | $362.7M | ||
| Q2 25 | $380.3M | — | ||
| Q1 25 | $364.3M | $309.5M | ||
| Q4 24 | $304.3M | — | ||
| Q3 24 | $348.2M | $302.2M | ||
| Q2 24 | $356.7M | $274.4M | ||
| Q1 24 | $353.4M | $262.9M |
净利润MWAVNET
| Q4 25 | $43.2M | — | ||
| Q3 25 | $52.6M | $-38.7M | ||
| Q2 25 | $52.5M | — | ||
| Q1 25 | $51.3M | $-2.4M | ||
| Q4 24 | $35.3M | — | ||
| Q3 24 | $10.0M | $-2.1M | ||
| Q2 24 | $47.3M | $-1.1M | ||
| Q1 24 | $44.3M | $-22.0M |
毛利率MWAVNET
| Q4 25 | 37.6% | — | ||
| Q3 25 | 36.8% | 20.9% | ||
| Q2 25 | 38.3% | — | ||
| Q1 25 | 35.1% | 25.2% | ||
| Q4 24 | 33.8% | — | ||
| Q3 24 | 31.8% | 23.2% | ||
| Q2 24 | 36.8% | 21.3% | ||
| Q1 24 | 36.9% | 21.6% |
营业利润率MWAVNET
| Q4 25 | 17.8% | — | ||
| Q3 25 | 18.3% | 0.5% | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 19.2% | 0.1% | ||
| Q4 24 | 15.6% | — | ||
| Q3 24 | 8.2% | 24.5% | ||
| Q2 24 | 18.8% | 0.2% | ||
| Q1 24 | 18.0% | 0.2% |
净利率MWAVNET
| Q4 25 | 13.6% | — | ||
| Q3 25 | 13.8% | -10.7% | ||
| Q2 25 | 13.8% | — | ||
| Q1 25 | 14.1% | -0.8% | ||
| Q4 24 | 11.6% | — | ||
| Q3 24 | 2.9% | -0.7% | ||
| Q2 24 | 13.3% | -0.4% | ||
| Q1 24 | 12.5% | -8.4% |
每股收益（稀释后）MWAVNET
| Q4 25 | $0.27 | — | ||
| Q3 25 | $0.34 | — | ||
| Q2 25 | $0.33 | — | ||
| Q1 25 | $0.33 | — | ||
| Q4 24 | $0.22 | — | ||
| Q3 24 | $0.07 | — | ||
| Q2 24 | $0.30 | — | ||
| Q1 24 | $0.28 | — |
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 | — | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $890.8M |
| 总资产 | $1.8B | $6.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MWAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | $492.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $544.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $219.5M | ||
| Q2 24 | — | $247.2M | ||
| Q1 24 | — | $246.9M |
总债务MWAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MWAVNET
| Q4 25 | $1.0B | — | ||
| Q3 25 | $981.7M | $890.8M | ||
| Q2 25 | $929.0M | — | ||
| Q1 25 | $873.6M | $927.8M | ||
| Q4 24 | $834.1M | — | ||
| Q3 24 | $810.1M | $902.9M | ||
| Q2 24 | $791.6M | $900.6M | ||
| Q1 24 | $754.5M | $895.1M |
总资产MWAVNET
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | $6.1B | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | $5.4B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | $4.3B | ||
| Q2 24 | $1.6B | $4.0B | ||
| Q1 24 | $1.5B | $3.9B |
负债/权益比MWAVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $61.2M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $44.0M | $-193.1M |
| 自由现金流率自由现金流/营收 | 13.8% | -53.2% |
| 资本支出强度资本支出/营收 | 5.4% | 84.6% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $173.8M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流MWAVNET
| Q4 25 | $61.2M | — | ||
| Q3 25 | $83.5M | $113.8M | ||
| Q2 25 | $67.4M | — | ||
| Q1 25 | $14.3M | $27.0M | ||
| Q4 24 | $54.1M | — | ||
| Q3 24 | $89.3M | $108.3M | ||
| Q2 24 | $87.3M | $55.8M | ||
| Q1 24 | $-5.7M | $37.1M |
自由现金流MWAVNET
| Q4 25 | $44.0M | — | ||
| Q3 25 | $69.0M | $-193.1M | ||
| Q2 25 | $55.7M | — | ||
| Q1 25 | $5.1M | $-220.0M | ||
| Q4 24 | $42.2M | — | ||
| Q3 24 | $69.9M | $-95.0M | ||
| Q2 24 | $75.1M | $-81.6M | ||
| Q1 24 | $-15.8M | $-102.2M |
自由现金流率MWAVNET
| Q4 25 | 13.8% | — | ||
| Q3 25 | 18.1% | -53.2% | ||
| Q2 25 | 14.6% | — | ||
| Q1 25 | 1.4% | -71.1% | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 20.1% | -31.4% | ||
| Q2 24 | 21.1% | -29.8% | ||
| Q1 24 | -4.5% | -38.9% |
资本支出强度MWAVNET
| Q4 25 | 5.4% | — | ||
| Q3 25 | 3.8% | 84.6% | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 2.5% | 79.8% | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 5.6% | 67.3% | ||
| Q2 24 | 3.4% | 50.1% | ||
| Q1 24 | 2.9% | 53.0% |
现金转化率MWAVNET
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 1.53× | — | ||
| Q3 24 | 8.93× | — | ||
| Q2 24 | 1.85× | — | ||
| Q1 24 | -0.13× | — |
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
MWA
| Water Flow Solutions | $173.0M | 54% |
| Water Management Solutions | $145.2M | 46% |
VNET
暂无分部数据
