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Envista Holdings Corp（NVST）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
Envista Holdings Corp的季度营收约是世纪互联的1.9倍（$705.5M vs $362.7M），Envista Holdings Corp净利率更高（5.5% vs -10.7%，领先16.2%），Envista Holdings Corp自由现金流更多（$-15.7M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 5.6%）
Envista Holdings Corp是一家总部位于美国的企业，旗下Envista Forensics业务板块面向保险、法律及风险管理行业，在全球范围内提供法务工程与事故复原解决方案。公司前身为LWG咨询有限公司，2017年正式更名为Envista Forensics。
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。
NVST vs VNET — 直观对比
营收规模更大
NVST
是对方的1.9倍
$362.7M
净利率更高
NVST
高出16.2%
-10.7%
自由现金流更多
NVST
多$177.4M
$-193.1M
两年增速更快
VNET
近两年复合增速
5.6%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $705.5M | $362.7M |
| 净利润 | $39.0M | $-38.7M |
| 毛利率 | 55.3% | 20.9% |
| 营业利润率 | 8.9% | 0.5% |
| 净利率 | 5.5% | -10.7% |
| 营收同比 | 14.4% | — |
| 净利润同比 | 116.7% | — |
| 每股收益（稀释后） | $0.23 | — |
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NVSTVNET
| Q1 26 | $705.5M | — | ||
| Q4 25 | $750.6M | — | ||
| Q3 25 | $669.9M | $362.7M | ||
| Q2 25 | $682.1M | — | ||
| Q1 25 | $616.9M | $309.5M | ||
| Q4 24 | $652.9M | — | ||
| Q3 24 | $601.0M | $302.2M | ||
| Q2 24 | $633.1M | $274.4M |
净利润NVSTVNET
| Q1 26 | $39.0M | — | ||
| Q4 25 | $32.9M | — | ||
| Q3 25 | $-30.3M | $-38.7M | ||
| Q2 25 | $26.4M | — | ||
| Q1 25 | $18.0M | $-2.4M | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $8.2M | $-2.1M | ||
| Q2 24 | $-1.2B | $-1.1M |
毛利率NVSTVNET
| Q1 26 | 55.3% | — | ||
| Q4 25 | 54.7% | — | ||
| Q3 25 | 55.3% | 20.9% | ||
| Q2 25 | 54.2% | — | ||
| Q1 25 | 54.5% | 25.2% | ||
| Q4 24 | 57.1% | — | ||
| Q3 24 | 52.8% | 23.2% | ||
| Q2 24 | 51.6% | 21.3% |
营业利润率NVSTVNET
| Q1 26 | 8.9% | — | ||
| Q4 25 | 9.8% | — | ||
| Q3 25 | 8.6% | 0.5% | ||
| Q2 25 | 6.8% | — | ||
| Q1 25 | 6.3% | 0.1% | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | 3.5% | 24.5% | ||
| Q2 24 | -182.2% | 0.2% |
净利率NVSTVNET
| Q1 26 | 5.5% | — | ||
| Q4 25 | 4.4% | — | ||
| Q3 25 | -4.5% | -10.7% | ||
| Q2 25 | 3.9% | — | ||
| Q1 25 | 2.9% | -0.8% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 1.4% | -0.7% | ||
| Q2 24 | -181.9% | -0.4% |
每股收益（稀释后）NVSTVNET
| Q1 26 | $0.23 | — | ||
| Q4 25 | $0.20 | — | ||
| Q3 25 | $-0.18 | — | ||
| Q2 25 | $0.16 | — | ||
| Q1 25 | $0.10 | — | ||
| Q4 24 | $0.00 | — | ||
| Q3 24 | $0.05 | — | ||
| Q2 24 | $-6.69 | — |
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 | $1.1B | $492.1M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $3.1B | $890.8M |
| 总资产 | $5.6B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资NVSTVNET
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.1B | $492.1M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | $544.3M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $991.3M | $219.5M | ||
| Q2 24 | $1.0B | $247.2M |
总债务NVSTVNET
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.5B | — |
股东权益NVSTVNET
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | — | ||
| Q3 25 | $3.1B | $890.8M | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.0B | $927.8M | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.1B | $902.9M | ||
| Q2 24 | $3.0B | $900.6M |
总资产NVSTVNET
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.6B | $6.1B | ||
| Q2 25 | $5.7B | — | ||
| Q1 25 | $5.5B | $5.4B | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.5B | $4.3B | ||
| Q2 24 | $5.4B | $4.0B |
负债/权益比NVSTVNET
| Q1 26 | 0.47× | — | ||
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.48× | — | ||
| Q3 24 | 0.46× | 1.28× | ||
| Q2 24 | 0.51× | — |
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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-15.7M | $-193.1M |
| 自由现金流率自由现金流/营收 | -2.2% | -53.2% |
| 资本支出强度资本支出/营收 | 1.8% | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $220.3M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流NVSTVNET
| Q1 26 | — | — | ||
| Q4 25 | $108.0M | — | ||
| Q3 25 | $78.7M | $113.8M | ||
| Q2 25 | $88.7M | — | ||
| Q1 25 | $300.0K | $27.0M | ||
| Q4 24 | $132.4M | — | ||
| Q3 24 | $70.7M | $108.3M | ||
| Q2 24 | $93.1M | $55.8M |
自由现金流NVSTVNET
| Q1 26 | $-15.7M | — | ||
| Q4 25 | $91.7M | — | ||
| Q3 25 | $67.9M | $-193.1M | ||
| Q2 25 | $76.4M | — | ||
| Q1 25 | $-5.6M | $-220.0M | ||
| Q4 24 | $123.8M | — | ||
| Q3 24 | $63.3M | $-95.0M | ||
| Q2 24 | $86.3M | $-81.6M |
自由现金流率NVSTVNET
| Q1 26 | -2.2% | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 10.1% | -53.2% | ||
| Q2 25 | 11.2% | — | ||
| Q1 25 | -0.9% | -71.1% | ||
| Q4 24 | 19.0% | — | ||
| Q3 24 | 10.5% | -31.4% | ||
| Q2 24 | 13.6% | -29.8% |
资本支出强度NVSTVNET
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.2% | — | ||
| Q3 25 | 1.6% | 84.6% | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.0% | 79.8% | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.2% | 67.3% | ||
| Q2 24 | 1.1% | 50.1% |
现金转化率NVSTVNET
| Q1 26 | — | — | ||
| Q4 25 | 3.28× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.36× | — | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 110.33× | — | ||
| Q3 24 | 8.62× | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
