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ServiceNow（NOW）与SEABOARD CORP（SEB）财务数据对比。点击上方公司名可切换其他公司
ServiceNow的季度营收约是SEABOARD CORP的1.6倍（$3.8B vs $2.4B），ServiceNow净利率更高（12.4% vs 10.6%，领先1.9%），ServiceNow同比增速更快（2.8% vs -2.9%），ServiceNow自由现金流更多（$1.7B vs $53.0M），过去两年ServiceNow的营收复合增速更高（19.8% vs 4.9%）
ServiceNow是2003年由弗雷德·卢迪在美国加利福尼亚州圣克拉拉创立的软件企业，主打云计算平台产品，可支持企业搭建及管理自动化业务工作流。公司于纽交所上市，现为标普100及标普500指数成分股。
Seaboard Corporation是一家多元化跨国农业综合及运输集团，业务覆盖多个垂直整合领域。美国本土核心业务包括生猪养殖加工与远洋运输，海外板块主营大宗商品贸易、谷物加工、食糖生产及发电，总部位于堪萨斯州梅里亚姆。
NOW vs SEB — 直观对比
营收规模更大
NOW
是对方的1.6倍
$2.4B
营收增速更快
NOW
高出5.7%
-2.9%
净利率更高
NOW
高出1.9%
10.6%
自由现金流更多
NOW
多$1.6B
$53.0M
两年增速更快
NOW
近两年复合增速
4.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $2.4B |
| 净利润 | $469.0M | $255.0M |
| 毛利率 | 75.1% | 7.9% |
| 营业利润率 | 13.3% | 2.7% |
| 净利率 | 12.4% | 10.6% |
| 营收同比 | 2.8% | -2.9% |
| 净利润同比 | -53.7% | 63.5% |
| 每股收益（稀释后） | $1.04 | $262.58 |
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NOWSEB
| Q1 26 | $3.8B | — | ||
| Q4 25 | $3.6B | $2.4B | ||
| Q3 25 | $3.4B | $2.5B | ||
| Q2 25 | $3.2B | $2.5B | ||
| Q1 25 | $3.1B | $2.3B | ||
| Q4 24 | $3.0B | $2.5B | ||
| Q3 24 | $2.8B | $2.2B | ||
| Q2 24 | $2.6B | $2.2B |
净利润NOWSEB
| Q1 26 | $469.0M | — | ||
| Q4 25 | $401.0M | $255.0M | ||
| Q3 25 | $502.0M | $110.0M | ||
| Q2 25 | $385.0M | $104.0M | ||
| Q1 25 | $460.0M | $32.0M | ||
| Q4 24 | $384.0M | $156.0M | ||
| Q3 24 | $432.0M | $-149.0M | ||
| Q2 24 | $262.0M | $61.0M |
毛利率NOWSEB
| Q1 26 | 75.1% | — | ||
| Q4 25 | 76.6% | 7.9% | ||
| Q3 25 | 77.3% | 7.8% | ||
| Q2 25 | 77.5% | 6.5% | ||
| Q1 25 | 78.9% | 6.1% | ||
| Q4 24 | 78.7% | 9.0% | ||
| Q3 24 | 79.1% | 6.2% | ||
| Q2 24 | 79.0% | 5.8% |
营业利润率NOWSEB
| Q1 26 | 13.3% | — | ||
| Q4 25 | 12.4% | 2.7% | ||
| Q3 25 | 16.8% | 3.3% | ||
| Q2 25 | 11.1% | 2.1% | ||
| Q1 25 | 14.6% | 1.6% | ||
| Q4 24 | 12.6% | 4.6% | ||
| Q3 24 | 14.9% | 1.4% | ||
| Q2 24 | 9.1% | 1.4% |
净利率NOWSEB
| Q1 26 | 12.4% | — | ||
| Q4 25 | 11.2% | 10.6% | ||
| Q3 25 | 14.7% | 4.3% | ||
| Q2 25 | 12.0% | 4.2% | ||
| Q1 25 | 14.9% | 1.4% | ||
| Q4 24 | 13.0% | 6.3% | ||
| Q3 24 | 15.4% | -6.7% | ||
| Q2 24 | 10.0% | 2.8% |
每股收益（稀释后）NOWSEB
| Q1 26 | $1.04 | — | ||
| Q4 25 | $-4.77 | $262.58 | ||
| Q3 25 | $2.40 | $113.71 | ||
| Q2 25 | $1.84 | $105.22 | ||
| Q1 25 | $2.20 | $32.95 | ||
| Q4 24 | $1.84 | $158.58 | ||
| Q3 24 | $2.07 | $-153.44 | ||
| Q2 24 | $1.26 | $62.82 |
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 | $2.7B | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.7B | $5.2B |
| 总资产 | $24.4B | $8.2B |
| 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NOWSEB
| Q1 26 | $2.7B | — | ||
| Q4 25 | $3.7B | $1.2B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | $3.1B | $1.1B | ||
| Q1 25 | $3.4B | $1.1B | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $1.9B | $1.2B | ||
| Q2 24 | $2.2B | $1.2B |
股东权益NOWSEB
| Q1 26 | $11.7B | — | ||
| Q4 25 | $13.0B | $5.2B | ||
| Q3 25 | $11.3B | $5.0B | ||
| Q2 25 | $10.9B | $4.8B | ||
| Q1 25 | $10.1B | $4.7B | ||
| Q4 24 | $9.6B | $4.7B | ||
| Q3 24 | $9.3B | $4.5B | ||
| Q2 24 | $8.7B | $4.7B |
总资产NOWSEB
| Q1 26 | $24.4B | — | ||
| Q4 25 | $26.0B | $8.2B | ||
| Q3 25 | $21.8B | $8.0B | ||
| Q2 25 | $22.1B | $7.9B | ||
| Q1 25 | $21.0B | $7.6B | ||
| Q4 24 | $20.4B | $7.7B | ||
| Q3 24 | $18.4B | $7.5B | ||
| Q2 24 | $18.2B | $7.7B |
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 | $1.7B | $188.0M |
| 自由现金流经营现金流 - 资本支出 | $1.7B | $53.0M |
| 自由现金流率自由现金流/营收 | 44.2% | 2.2% |
| 资本支出强度资本支出/营收 | — | 5.6% |
| 现金转化率经营现金流/净利润 | 3.56× | 0.74× |
| 过去12个月自由现金流最近4个季度 | $4.8B | $6.0M |
8季度趋势，按日历期对齐
经营现金流NOWSEB
| Q1 26 | $1.7B | — | ||
| Q4 25 | $2.2B | $188.0M | ||
| Q3 25 | $813.0M | $319.0M | ||
| Q2 25 | $716.0M | $81.0M | ||
| Q1 25 | $1.7B | $-20.0M | ||
| Q4 24 | $1.6B | $300.0M | ||
| Q3 24 | $671.0M | $194.0M | ||
| Q2 24 | $620.0M | $6.0M |
自由现金流NOWSEB
| Q1 26 | $1.7B | — | ||
| Q4 25 | $2.0B | $53.0M | ||
| Q3 25 | $578.0M | $152.0M | ||
| Q2 25 | $526.0M | $-70.0M | ||
| Q1 25 | $1.5B | $-129.0M | ||
| Q4 24 | $1.4B | $162.0M | ||
| Q3 24 | $469.0M | $58.0M | ||
| Q2 24 | $358.0M | $-127.0M |
自由现金流率NOWSEB
| Q1 26 | 44.2% | — | ||
| Q4 25 | 56.1% | 2.2% | ||
| Q3 25 | 17.0% | 6.0% | ||
| Q2 25 | 16.4% | -2.8% | ||
| Q1 25 | 47.7% | -5.6% | ||
| Q4 24 | 46.7% | 6.5% | ||
| Q3 24 | 16.8% | 2.6% | ||
| Q2 24 | 13.6% | -5.7% |
资本支出强度NOWSEB
| Q1 26 | — | — | ||
| Q4 25 | 6.7% | 5.6% | ||
| Q3 25 | 6.9% | 6.6% | ||
| Q2 25 | 5.9% | 6.1% | ||
| Q1 25 | 6.6% | 4.7% | ||
| Q4 24 | 8.6% | 5.6% | ||
| Q3 24 | 7.2% | 6.1% | ||
| Q2 24 | 10.0% | 6.0% |
现金转化率NOWSEB
| Q1 26 | 3.56× | — | ||
| Q4 25 | 5.58× | 0.74× | ||
| Q3 25 | 1.62× | 2.90× | ||
| Q2 25 | 1.86× | 0.78× | ||
| Q1 25 | 3.65× | -0.63× | ||
| Q4 24 | 4.26× | 1.92× | ||
| Q3 24 | 1.55× | — | ||
| Q2 24 | 2.37× | 0.10× |
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
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $80.5M | 2% |
| Professional services and other revenues | $18.5M | 0% |
SEB
| Commodity Trading And Milling | $1.3B | 52% |
| Pork Segment | $469.0M | 19% |
| Marine | $444.0M | 18% |
| Other | $108.0M | 4% |
| Energy Service | $56.0M | 2% |
| Product And Service Other Services | $15.0M | 1% |
| Transportation | $6.0M | 0% |
