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NEWELL BRANDS INC.（NWL）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
NEWELL BRANDS INC.的季度营收约是利氏兄弟拍卖行的1.6倍（$1.9B vs $1.2B），利氏兄弟拍卖行净利率更高（9.1% vs -16.6%，领先25.7%），利氏兄弟拍卖行同比增速更快（5.4% vs -2.7%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $91.0M），过去两年NEWELL BRANDS INC.的营收复合增速更高（7.1% vs 6.3%）
纽威品牌公司（Newell Brands）是美国知名消费品与商用产品集团，旗下拥有多个广受欢迎的品牌，涵盖乐柏美（Rubbermaid）收纳及废弃物处理容器、家居收纳与可重复使用容器，Contigo、Bubba运动水杯，Coleman户外用品，文具胶水、儿童用品、炊具、小家电以及香氛产品等多元品类，覆盖日常生活多场景需求。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
NWL vs RBA — 直观对比
营收规模更大
NWL
是对方的1.6倍
$1.2B
营收增速更快
RBA
高出8.1%
-2.7%
净利率更高
RBA
高出25.7%
-16.6%
自由现金流更多
RBA
多$95.5M
$91.0M
两年增速更快
NWL
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.2B |
| 净利润 | $-315.0M | $109.7M |
| 毛利率 | 33.1% | — |
| 营业利润率 | -14.3% | 14.7% |
| 净利率 | -16.6% | 9.1% |
| 营收同比 | -2.7% | 5.4% |
| 净利润同比 | -483.3% | -7.4% |
| 每股收益（稀释后） | $-0.75 | $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NWLRBA
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.8B | $1.1B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | $1.9B | $1.1B | ||
| Q3 24 | $1.9B | $981.8M | ||
| Q2 24 | $2.0B | $1.1B | ||
| Q1 24 | $1.7B | $1.1B |
净利润NWLRBA
| Q4 25 | $-315.0M | $109.7M | ||
| Q3 25 | $21.0M | $95.5M | ||
| Q2 25 | $46.0M | $109.8M | ||
| Q1 25 | $-37.0M | $113.4M | ||
| Q4 24 | $-54.0M | $118.5M | ||
| Q3 24 | $-198.0M | $76.1M | ||
| Q2 24 | $45.0M | $111.1M | ||
| Q1 24 | $-9.0M | $107.4M |
毛利率NWLRBA
| Q4 25 | 33.1% | — | ||
| Q3 25 | 34.1% | — | ||
| Q2 25 | 35.4% | — | ||
| Q1 25 | 32.1% | — | ||
| Q4 24 | 34.2% | — | ||
| Q3 24 | 34.9% | — | ||
| Q2 24 | 34.4% | — | ||
| Q1 24 | 30.5% | — |
营业利润率NWLRBA
| Q4 25 | -14.3% | 14.7% | ||
| Q3 25 | 6.6% | 14.5% | ||
| Q2 25 | 8.8% | 15.9% | ||
| Q1 25 | 1.3% | 17.1% | ||
| Q4 24 | 0.5% | 18.1% | ||
| Q3 24 | -6.2% | 15.6% | ||
| Q2 24 | 8.0% | 18.4% | ||
| Q1 24 | 1.0% | 18.7% |
净利率NWLRBA
| Q4 25 | -16.6% | 9.1% | ||
| Q3 25 | 1.2% | 8.7% | ||
| Q2 25 | 2.4% | 9.3% | ||
| Q1 25 | -2.4% | 10.2% | ||
| Q4 24 | -2.8% | 10.4% | ||
| Q3 24 | -10.2% | 7.8% | ||
| Q2 24 | 2.2% | 10.1% | ||
| Q1 24 | -0.5% | 10.1% |
每股收益（稀释后）NWLRBA
| Q4 25 | $-0.75 | $0.53 | ||
| Q3 25 | $0.05 | $0.43 | ||
| Q2 25 | $0.11 | $0.53 | ||
| Q1 25 | $-0.09 | $0.55 | ||
| Q4 24 | $-0.13 | $0.58 | ||
| Q3 24 | $-0.48 | $0.36 | ||
| Q2 24 | $0.11 | $0.54 | ||
| Q1 24 | $-0.02 | $0.53 |
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 | $203.0M | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $2.4B | $5.6B |
| 总资产 | $10.7B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资NWLRBA
| Q4 25 | $203.0M | $531.5M | ||
| Q3 25 | $229.0M | $674.7M | ||
| Q2 25 | $219.0M | $710.2M | ||
| Q1 25 | $233.0M | $578.1M | ||
| Q4 24 | $198.0M | $533.9M | ||
| Q3 24 | $494.0M | $650.7M | ||
| Q2 24 | $382.0M | $599.5M | ||
| Q1 24 | $372.0M | $462.8M |
总债务NWLRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益NWLRBA
| Q4 25 | $2.4B | $5.6B | ||
| Q3 25 | $2.7B | $5.5B | ||
| Q2 25 | $2.7B | $5.5B | ||
| Q1 25 | $2.7B | $5.3B | ||
| Q4 24 | $2.8B | $5.2B | ||
| Q3 24 | $2.9B | $5.2B | ||
| Q2 24 | $3.1B | $5.2B | ||
| Q1 24 | $3.1B | $5.1B |
总资产NWLRBA
| Q4 25 | $10.7B | $12.1B | ||
| Q3 25 | $11.3B | $12.2B | ||
| Q2 25 | $11.5B | $12.2B | ||
| Q1 25 | $11.3B | $11.9B | ||
| Q4 24 | $11.0B | $11.8B | ||
| Q3 24 | $11.8B | $11.9B | ||
| Q2 24 | $12.0B | $12.1B | ||
| Q1 24 | $12.1B | $12.0B |
负债/权益比NWLRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $161.0M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $91.0M | $186.5M |
| 自由现金流率自由现金流/营收 | 4.8% | 15.5% |
| 资本支出强度资本支出/营收 | 3.7% | 5.7% |
| 现金转化率经营现金流/净利润 | — | 2.33× |
| 过去12个月自由现金流最近4个季度 | $17.0M | $719.2M |
8季度趋势，按日历期对齐
经营现金流NWLRBA
| Q4 25 | $161.0M | $255.2M | ||
| Q3 25 | $374.0M | $239.7M | ||
| Q2 25 | $-58.0M | $326.5M | ||
| Q1 25 | $-213.0M | $156.8M | ||
| Q4 24 | $150.0M | $184.5M | ||
| Q3 24 | $282.0M | $285.4M | ||
| Q2 24 | $32.0M | $337.3M | ||
| Q1 24 | $32.0M | $124.8M |
自由现金流NWLRBA
| Q4 25 | $91.0M | $186.5M | ||
| Q3 25 | $315.0M | $188.5M | ||
| Q2 25 | $-117.0M | $241.7M | ||
| Q1 25 | $-272.0M | $102.5M | ||
| Q4 24 | $54.0M | $127.9M | ||
| Q3 24 | $231.0M | $248.5M | ||
| Q2 24 | $-21.0M | $308.6M | ||
| Q1 24 | $-27.0M | $79.6M |
自由现金流率NWLRBA
| Q4 25 | 4.8% | 15.5% | ||
| Q3 25 | 17.4% | 17.3% | ||
| Q2 25 | -6.0% | 20.4% | ||
| Q1 25 | -17.4% | 9.2% | ||
| Q4 24 | 2.8% | 11.2% | ||
| Q3 24 | 11.9% | 25.3% | ||
| Q2 24 | -1.0% | 28.2% | ||
| Q1 24 | -1.6% | 7.5% |
资本支出强度NWLRBA
| Q4 25 | 3.7% | 5.7% | ||
| Q3 25 | 3.3% | 4.7% | ||
| Q2 25 | 3.0% | 7.2% | ||
| Q1 25 | 3.8% | 4.9% | ||
| Q4 24 | 4.9% | 5.0% | ||
| Q3 24 | 2.6% | 3.8% | ||
| Q2 24 | 2.6% | 2.6% | ||
| Q1 24 | 3.6% | 4.2% |
现金转化率NWLRBA
| Q4 25 | — | 2.33× | ||
| Q3 25 | 17.81× | 2.51× | ||
| Q2 25 | -1.26× | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 3.75× | ||
| Q2 24 | 0.71× | 3.04× | ||
| Q1 24 | — | 1.16× |
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
NWL
| Kitchen | $538.0M | 28% |
| Writing | $370.0M | 20% |
| Commercial | $320.0M | 17% |
| Financial Institution Two | $286.0M | 15% |
| Baby | $259.0M | 14% |
| Outdoor And Recreation | $142.0M | 7% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
