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纽蒙特（NEM）与耐克（NKE）财务数据对比。点击上方公司名可切换其他公司
耐克的季度营收约是纽蒙特的1.7倍（$12.4B vs $7.3B），纽蒙特净利率更高（26.0% vs 6.4%，领先19.7%），耐克同比增速更快（0.6% vs -31.4%），纽蒙特自由现金流更多（$1.2B vs $386.0M），过去两年纽蒙特的营收复合增速更高（28.8% vs -0.0%）
纽蒙特公司是总部位于美国科罗拉多州丹佛市的金矿企业，为全球规模最大的金矿开采集团。公司成立于1921年，在全球十余个国家持有金矿资产，还与巴里克矿业共同持有内华达金矿的部分股权，除黄金外也开采铜、银、锌、铅等多种金属。
耐克（Nike, Inc.）是源自美国的全球知名运动企业，主要从事运动鞋、运动服饰及专业运动装备的设计、生产与销售，产品覆盖跑步、篮球、健身等众多运动及日常休闲场景，在全球市场拥有极高品牌认可度与庞大用户群体。
NEM vs NKE — 直观对比
营收规模更大
NKE
是对方的1.7倍
$7.3B
营收增速更快
NKE
高出32.0%
-31.4%
净利率更高
NEM
高出19.7%
6.4%
自由现金流更多
NEM
多$819.0M
$386.0M
两年增速更快
NEM
近两年复合增速
-0.0%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.3B | $12.4B |
| 净利润 | $1.9B | $792.0M |
| 毛利率 | — | 40.6% |
| 营业利润率 | — | — |
| 净利率 | 26.0% | 6.4% |
| 营收同比 | -31.4% | 0.6% |
| 净利润同比 | -8.3% | -31.9% |
| 每股收益（稀释后） | $1.68 | $0.53 |
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NEMNKE
| Q1 26 | $7.3B | — | ||
| Q4 25 | $6.8B | $12.4B | ||
| Q3 25 | $5.5B | $11.7B | ||
| Q2 25 | $5.3B | $11.1B | ||
| Q1 25 | $5.0B | $11.3B | ||
| Q4 24 | $5.7B | $12.4B | ||
| Q3 24 | $4.6B | $11.6B | ||
| Q2 24 | $4.4B | $12.6B |
净利润NEMNKE
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.3B | $792.0M | ||
| Q3 25 | $1.8B | $727.0M | ||
| Q2 25 | $2.1B | $211.0M | ||
| Q1 25 | $1.9B | $794.0M | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $922.0M | $1.1B | ||
| Q2 24 | $853.0M | $1.5B |
毛利率NEMNKE
| Q1 26 | — | — | ||
| Q4 25 | — | 40.6% | ||
| Q3 25 | — | 42.2% | ||
| Q2 25 | — | 40.3% | ||
| Q1 25 | — | 41.5% | ||
| Q4 24 | — | 43.6% | ||
| Q3 24 | — | 45.4% | ||
| Q2 24 | — | 44.7% |
营业利润率NEMNKE
| Q1 26 | — | — | ||
| Q4 25 | 47.6% | — | ||
| Q3 25 | 45.4% | — | ||
| Q2 25 | 58.6% | 2.9% | ||
| Q1 25 | 49.3% | 7.5% | ||
| Q4 24 | 36.3% | 11.5% | ||
| Q3 24 | 23.0% | 11.3% | ||
| Q2 24 | 23.5% | 13.7% |
净利率NEMNKE
| Q1 26 | 26.0% | — | ||
| Q4 25 | 19.1% | 6.4% | ||
| Q3 25 | 33.2% | 6.2% | ||
| Q2 25 | 38.8% | 1.9% | ||
| Q1 25 | 37.7% | 7.0% | ||
| Q4 24 | 24.8% | 9.4% | ||
| Q3 24 | 20.0% | 9.1% | ||
| Q2 24 | 19.4% | 11.9% |
每股收益（稀释后）NEMNKE
| Q1 26 | $1.68 | — | ||
| Q4 25 | $1.19 | $0.53 | ||
| Q3 25 | $1.67 | $0.49 | ||
| Q2 25 | $1.85 | $0.14 | ||
| Q1 25 | $1.68 | $0.54 | ||
| Q4 24 | $1.23 | $0.78 | ||
| Q3 24 | $0.80 | $0.70 | ||
| Q2 24 | $0.74 | $0.99 |
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 | $4.7B | $7.0B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $31.4B | $14.1B |
| 总资产 | $55.5B | $37.8B |
| 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NEMNKE
| Q1 26 | $4.7B | — | ||
| Q4 25 | $8.2B | $7.0B | ||
| Q3 25 | $6.0B | $7.0B | ||
| Q2 25 | $6.7B | $7.5B | ||
| Q1 25 | $4.7B | $8.6B | ||
| Q4 24 | $3.6B | $8.0B | ||
| Q3 24 | $3.1B | $8.5B | ||
| Q2 24 | $2.7B | $9.9B |
总债务NEMNKE
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.2B | — | ||
| Q2 25 | $7.1B | $8.0B | ||
| Q1 25 | $7.5B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $8.6B | — | ||
| Q2 24 | $8.7B | $8.9B |
股东权益NEMNKE
| Q1 26 | $31.4B | — | ||
| Q4 25 | $33.9B | $14.1B | ||
| Q3 25 | $33.2B | $13.5B | ||
| Q2 25 | $32.1B | $13.2B | ||
| Q1 25 | $31.2B | $14.0B | ||
| Q4 24 | $29.9B | $14.0B | ||
| Q3 24 | $29.7B | $13.9B | ||
| Q2 24 | $29.4B | $14.4B |
总资产NEMNKE
| Q1 26 | $55.5B | — | ||
| Q4 25 | $57.1B | $37.8B | ||
| Q3 25 | $54.7B | $37.3B | ||
| Q2 25 | $55.2B | $36.6B | ||
| Q1 25 | $55.5B | $37.8B | ||
| Q4 24 | $56.3B | $38.0B | ||
| Q3 24 | $56.2B | $37.9B | ||
| Q2 24 | $55.7B | $38.1B |
负债/权益比NEMNKE
| Q1 26 | — | — | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.22× | 0.60× | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.29× | — | ||
| Q2 24 | 0.30× | 0.62× |
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 | — | $579.0M |
| 自由现金流经营现金流 - 资本支出 | $1.2B | $386.0M |
| 自由现金流率自由现金流/营收 | 16.5% | 3.1% |
| 资本支出强度资本支出/营收 | 11.3% | 1.6% |
| 现金转化率经营现金流/净利润 | — | 0.73× |
| 过去12个月自由现金流最近4个季度 | $7.3B | $2.5B |
8季度趋势，按日历期对齐
经营现金流NEMNKE
| Q1 26 | — | — | ||
| Q4 25 | $3.6B | $579.0M | ||
| Q3 25 | $2.3B | $222.0M | ||
| Q2 25 | $2.4B | $463.0M | ||
| Q1 25 | $2.0B | $1.8B | ||
| Q4 24 | $2.5B | $1.0B | ||
| Q3 24 | $1.6B | $394.0M | ||
| Q2 24 | $1.4B | $2.6B |
自由现金流NEMNKE
| Q1 26 | $1.2B | — | ||
| Q4 25 | $2.8B | $386.0M | ||
| Q3 25 | $1.6B | $15.0M | ||
| Q2 25 | $1.7B | $363.0M | ||
| Q1 25 | $1.2B | $1.7B | ||
| Q4 24 | $1.6B | $920.0M | ||
| Q3 24 | $771.0M | $274.0M | ||
| Q2 24 | $628.0M | $2.4B |
自由现金流率NEMNKE
| Q1 26 | 16.5% | — | ||
| Q4 25 | 41.3% | 3.1% | ||
| Q3 25 | 28.4% | 0.1% | ||
| Q2 25 | 32.2% | 3.3% | ||
| Q1 25 | 24.1% | 15.2% | ||
| Q4 24 | 28.9% | 7.4% | ||
| Q3 24 | 16.7% | 2.4% | ||
| Q2 24 | 14.3% | 19.1% |
资本支出强度NEMNKE
| Q1 26 | 11.3% | — | ||
| Q4 25 | 11.9% | 1.6% | ||
| Q3 25 | 13.2% | 1.8% | ||
| Q2 25 | 12.7% | 0.9% | ||
| Q1 25 | 16.5% | 0.7% | ||
| Q4 24 | 15.5% | 1.0% | ||
| Q3 24 | 19.0% | 1.0% | ||
| Q2 24 | 18.2% | 1.7% |
现金转化率NEMNKE
| Q1 26 | — | — | ||
| Q4 25 | 2.78× | 0.73× | ||
| Q3 25 | 1.25× | 0.31× | ||
| Q2 25 | 1.16× | 2.19× | ||
| Q1 25 | 1.07× | 2.26× | ||
| Q4 24 | 1.79× | 0.90× | ||
| Q3 24 | 1.79× | 0.37× | ||
| Q2 24 | 1.67× | 1.75× |
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
NEM
| Consolidated gold sales, net | $6.0B | 83% |
| Other | $506.0M | 7% |
| Consolidated copper sales, net | $354.0M | 5% |
| Consolidated silver sales, net | $188.0M | 3% |
| Consolidated zinc sales, net | $181.0M | 2% |
| Consolidated lead sales, net | $42.0M | 1% |
NKE
| Footwear | $7.7B | 62% |
| Apparel | $3.9B | 31% |
| Sporting Equipment | $550.0M | 4% |
| Converse Segment | $300.0M | 2% |
| Sales Channel Other | $9.0M | 0% |
