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NCR Atleos Corp（NATL）与惠好（WY）财务数据对比。点击上方公司名可切换其他公司
惠好的季度营收约是NCR Atleos Corp的1.3倍（$1.5B vs $1.2B），NCR Atleos Corp净利率更高（7.2% vs 4.8%，领先2.4%），NCR Atleos Corp同比增速更快（4.0% vs -9.8%），NCR Atleos Corp自由现金流更多（$194.0M vs $-128.0M），过去两年NCR Atleos Corp的营收复合增速更高（4.9% vs -7.4%）
NCR Atleos Corp 前身为NCR公司（National Cash Register），是全球知名的软件、咨询与技术企业，提供多元专业服务与电子产品，业务覆盖自助服务 kiosk、销售点终端、自动柜员机、支票处理系统、条码扫描器等商用软硬件的研发与生产，服务全球各行业客户的数字化运营需求。
惠好是美国知名林地运营企业，在美国本土持有约1040万英亩林地，同时通过长期许可协议在加拿大管理额外1400万英亩林地。企业拥有逾百年木制品生产历史，目前以房地产投资信托（REIT）模式运营。
NATL vs WY — 直观对比
营收规模更大
WY
是对方的1.3倍
$1.2B
营收增速更快
NATL
高出13.7%
-9.8%
净利率更高
NATL
高出2.4%
4.8%
自由现金流更多
NATL
多$322.0M
$-128.0M
两年增速更快
NATL
近两年复合增速
-7.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.5B |
| 净利润 | $83.0M | $74.0M |
| 毛利率 | — | 10.4% |
| 营业利润率 | 13.5% | 16.3% |
| 净利率 | 7.2% | 4.8% |
| 营收同比 | 4.0% | -9.8% |
| 净利润同比 | 102.4% | -8.6% |
| 每股收益（稀释后） | $1.09 | $0.11 |
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NATLWY
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $979.0M | $1.8B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.1B | $1.9B | ||
| Q1 24 | $1.0B | $1.8B |
净利润NATLWY
| Q4 25 | $83.0M | $74.0M | ||
| Q3 25 | $26.0M | $80.0M | ||
| Q2 25 | $39.0M | $87.0M | ||
| Q1 25 | $14.0M | $83.0M | ||
| Q4 24 | $41.0M | $81.0M | ||
| Q3 24 | $21.0M | $28.0M | ||
| Q2 24 | $27.0M | $173.0M | ||
| Q1 24 | $-9.0M | $114.0M |
毛利率NATLWY
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 11.9% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 19.0% | ||
| Q4 24 | — | 17.8% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 20.8% | ||
| Q1 24 | — | 19.8% |
营业利润率NATLWY
| Q4 25 | 13.5% | 16.3% | ||
| Q3 25 | 9.8% | 7.2% | ||
| Q2 25 | 10.8% | 9.4% | ||
| Q1 25 | 9.5% | 10.2% | ||
| Q4 24 | 13.4% | 8.3% | ||
| Q3 24 | 10.6% | 4.6% | ||
| Q2 24 | 9.8% | 13.9% | ||
| Q1 24 | 6.5% | 10.9% |
净利率NATLWY
| Q4 25 | 7.2% | 4.8% | ||
| Q3 25 | 2.3% | 4.7% | ||
| Q2 25 | 3.5% | 4.6% | ||
| Q1 25 | 1.4% | 4.7% | ||
| Q4 24 | 3.7% | 4.7% | ||
| Q3 24 | 2.0% | 1.7% | ||
| Q2 24 | 2.5% | 8.9% | ||
| Q1 24 | -0.9% | 6.3% |
每股收益（稀释后）NATLWY
| Q4 25 | $1.09 | $0.11 | ||
| Q3 25 | $0.34 | $0.11 | ||
| Q2 25 | $0.52 | $0.12 | ||
| Q1 25 | $0.19 | $0.11 | ||
| Q4 24 | $0.56 | $0.10 | ||
| Q3 24 | $0.28 | $0.04 | ||
| Q2 24 | $0.37 | $0.24 | ||
| Q1 24 | $-0.13 | $0.16 |
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 | $456.0M | $464.0M |
| 总债务越低越好 | $2.7B | $5.6B |
| 股东权益账面价值 | $403.0M | $9.4B |
| 总资产 | $5.7B | $16.6B |
| 负债/权益比越低杠杆越低 | 6.63× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资NATLWY
| Q4 25 | $456.0M | $464.0M | ||
| Q3 25 | $412.0M | $401.0M | ||
| Q2 25 | $357.0M | $592.0M | ||
| Q1 25 | $352.0M | $560.0M | ||
| Q4 24 | $419.0M | $684.0M | ||
| Q3 24 | $395.0M | $877.0M | ||
| Q2 24 | $374.0M | $997.0M | ||
| Q1 24 | $343.0M | $871.0M |
总债务NATLWY
| Q4 25 | $2.7B | $5.6B | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.9B | $5.1B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NATLWY
| Q4 25 | $403.0M | $9.4B | ||
| Q3 25 | $330.0M | $9.4B | ||
| Q2 25 | $350.0M | $9.5B | ||
| Q1 25 | $275.0M | $9.6B | ||
| Q4 24 | $219.0M | $9.7B | ||
| Q3 24 | $264.0M | $9.9B | ||
| Q2 24 | $250.0M | $10.0B | ||
| Q1 24 | $283.0M | $10.1B |
总资产NATLWY
| Q4 25 | $5.7B | $16.6B | ||
| Q3 25 | $5.7B | $16.7B | ||
| Q2 25 | $5.8B | $16.5B | ||
| Q1 25 | $5.7B | $16.5B | ||
| Q4 24 | $5.5B | $16.5B | ||
| Q3 24 | $5.7B | $16.7B | ||
| Q2 24 | $5.8B | $16.8B | ||
| Q1 24 | $5.8B | $16.8B |
负债/权益比NATLWY
| Q4 25 | 6.63× | 0.59× | ||
| Q3 25 | 8.45× | — | ||
| Q2 25 | 8.05× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.05× | 0.52× | ||
| Q3 24 | — | — | ||
| 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 | $231.0M | $-114.0M |
| 自由现金流经营现金流 - 资本支出 | $194.0M | $-128.0M |
| 自由现金流率自由现金流/营收 | 16.8% | -8.3% |
| 资本支出强度资本支出/营收 | 3.2% | 0.9% |
| 现金转化率经营现金流/净利润 | 2.78× | -1.54× |
| 过去12个月自由现金流最近4个季度 | $239.0M | $511.0M |
8季度趋势，按日历期对齐
经营现金流NATLWY
| Q4 25 | $231.0M | $-114.0M | ||
| Q3 25 | $25.0M | $210.0M | ||
| Q2 25 | $-23.0M | $396.0M | ||
| Q1 25 | $123.0M | $70.0M | ||
| Q4 24 | $80.0M | $218.0M | ||
| Q3 24 | $107.0M | $234.0M | ||
| Q2 24 | $9.0M | $432.0M | ||
| Q1 24 | $148.0M | $124.0M |
自由现金流NATLWY
| Q4 25 | $194.0M | $-128.0M | ||
| Q3 25 | $-5.0M | $203.0M | ||
| Q2 25 | $-44.0M | $388.0M | ||
| Q1 25 | $94.0M | $48.0M | ||
| Q4 24 | $62.0M | $205.0M | ||
| Q3 24 | $85.0M | $226.0M | ||
| Q2 24 | $-14.0M | $423.0M | ||
| Q1 24 | $124.0M | $102.0M |
自由现金流率NATLWY
| Q4 25 | 16.8% | -8.3% | ||
| Q3 25 | -0.4% | 11.8% | ||
| Q2 25 | -4.0% | 20.6% | ||
| Q1 25 | 9.6% | 2.7% | ||
| Q4 24 | 5.6% | 12.0% | ||
| Q3 24 | 7.9% | 13.4% | ||
| Q2 24 | -1.3% | 21.8% | ||
| Q1 24 | 11.9% | 5.7% |
资本支出强度NATLWY
| Q4 25 | 3.2% | 0.9% | ||
| Q3 25 | 2.7% | 0.4% | ||
| Q2 25 | 1.9% | 0.4% | ||
| Q1 25 | 3.0% | 1.2% | ||
| Q4 24 | 1.6% | 0.8% | ||
| Q3 24 | 2.1% | 0.5% | ||
| Q2 24 | 2.1% | 0.5% | ||
| Q1 24 | 2.3% | 1.2% |
现金转化率NATLWY
| Q4 25 | 2.78× | -1.54× | ||
| Q3 25 | 0.96× | 2.63× | ||
| Q2 25 | -0.59× | 4.55× | ||
| Q1 25 | 8.79× | 0.84× | ||
| Q4 24 | 1.95× | 2.69× | ||
| Q3 24 | 5.10× | 8.36× | ||
| Q2 24 | 0.33× | 2.50× | ||
| Q1 24 | — | 1.09× |
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
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
WY
暂无分部数据
