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NEWELL BRANDS INC.（NWL）与ROKU, INC（ROKU）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ROKU, INC的1.4倍（$1.9B vs $1.4B），ROKU, INC净利率更高（5.8% vs -16.6%，领先22.4%），ROKU, INC同比增速更快（16.1% vs -2.7%），ROKU, INC自由现金流更多（$106.6M vs $91.0M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 7.1%）
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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
NWL vs ROKU — 直观对比
营收规模更大
NWL
是对方的1.4倍
$1.4B
营收增速更快
ROKU
高出18.8%
-2.7%
净利率更高
ROKU
高出22.4%
-16.6%
自由现金流更多
ROKU
多$15.6M
$91.0M
两年增速更快
ROKU
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.4B |
| 净利润 | $-315.0M | $80.5M |
| 毛利率 | 33.1% | 43.5% |
| 营业利润率 | -14.3% | 4.7% |
| 净利率 | -16.6% | 5.8% |
| 营收同比 | -2.7% | 16.1% |
| 净利润同比 | -483.3% | 326.4% |
| 每股收益（稀释后） | $-0.75 | $0.55 |
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NWLROKU
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $1.9B | $1.1B | ||
| Q2 24 | $2.0B | $968.2M | ||
| Q1 24 | $1.7B | $881.5M |
净利润NWLROKU
| Q4 25 | $-315.0M | $80.5M | ||
| Q3 25 | $21.0M | $24.8M | ||
| Q2 25 | $46.0M | $10.5M | ||
| Q1 25 | $-37.0M | $-27.4M | ||
| Q4 24 | $-54.0M | $-35.5M | ||
| Q3 24 | $-198.0M | $-9.0M | ||
| Q2 24 | $45.0M | $-34.0M | ||
| Q1 24 | $-9.0M | $-50.9M |
毛利率NWLROKU
| Q4 25 | 33.1% | 43.5% | ||
| Q3 25 | 34.1% | 43.4% | ||
| Q2 25 | 35.4% | 44.8% | ||
| Q1 25 | 32.1% | 43.6% | ||
| Q4 24 | 34.2% | 42.7% | ||
| Q3 24 | 34.9% | 45.2% | ||
| Q2 24 | 34.4% | 43.9% | ||
| Q1 24 | 30.5% | 44.1% |
营业利润率NWLROKU
| Q4 25 | -14.3% | 4.7% | ||
| Q3 25 | 6.6% | 0.8% | ||
| Q2 25 | 8.8% | -2.1% | ||
| Q1 25 | 1.3% | -5.7% | ||
| Q4 24 | 0.5% | -3.3% | ||
| Q3 24 | -6.2% | -3.4% | ||
| Q2 24 | 8.0% | -7.4% | ||
| Q1 24 | 1.0% | -8.2% |
净利率NWLROKU
| Q4 25 | -16.6% | 5.8% | ||
| Q3 25 | 1.2% | 2.0% | ||
| Q2 25 | 2.4% | 0.9% | ||
| Q1 25 | -2.4% | -2.7% | ||
| Q4 24 | -2.8% | -3.0% | ||
| Q3 24 | -10.2% | -0.9% | ||
| Q2 24 | 2.2% | -3.5% | ||
| Q1 24 | -0.5% | -5.8% |
每股收益（稀释后）NWLROKU
| Q4 25 | $-0.75 | $0.55 | ||
| Q3 25 | $0.05 | $0.16 | ||
| Q2 25 | $0.11 | $0.07 | ||
| Q1 25 | $-0.09 | $-0.19 | ||
| Q4 24 | $-0.13 | $-0.24 | ||
| Q3 24 | $-0.48 | $-0.06 | ||
| Q2 24 | $0.11 | $-0.24 | ||
| Q1 24 | $-0.02 | $-0.35 |
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 | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $2.7B |
| 总资产 | $10.7B | $4.4B |
| 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NWLROKU
| Q4 25 | $203.0M | $2.3B | ||
| Q3 25 | $229.0M | $2.3B | ||
| Q2 25 | $219.0M | $2.3B | ||
| Q1 25 | $233.0M | $2.3B | ||
| Q4 24 | $198.0M | $2.2B | ||
| Q3 24 | $494.0M | $2.1B | ||
| Q2 24 | $382.0M | $2.1B | ||
| Q1 24 | $372.0M | $2.1B |
股东权益NWLROKU
| Q4 25 | $2.4B | $2.7B | ||
| Q3 25 | $2.7B | $2.6B | ||
| Q2 25 | $2.7B | $2.6B | ||
| Q1 25 | $2.7B | $2.5B | ||
| Q4 24 | $2.8B | $2.5B | ||
| Q3 24 | $2.9B | $2.5B | ||
| Q2 24 | $3.1B | $2.4B | ||
| Q1 24 | $3.1B | $2.4B |
总资产NWLROKU
| Q4 25 | $10.7B | $4.4B | ||
| Q3 25 | $11.3B | $4.4B | ||
| Q2 25 | $11.5B | $4.3B | ||
| Q1 25 | $11.3B | $4.2B | ||
| Q4 24 | $11.0B | $4.3B | ||
| Q3 24 | $11.8B | $4.3B | ||
| Q2 24 | $12.0B | $4.1B | ||
| Q1 24 | $12.1B | $4.2B |
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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $91.0M | $106.6M |
| 自由现金流率自由现金流/营收 | 4.8% | 7.6% |
| 资本支出强度资本支出/营收 | 3.7% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 1.34× |
| 过去12个月自由现金流最近4个季度 | $17.0M | $478.4M |
8季度趋势，按日历期对齐
经营现金流NWLROKU
| Q4 25 | $161.0M | $107.7M | ||
| Q3 25 | $374.0M | $127.6M | ||
| Q2 25 | $-58.0M | $109.7M | ||
| Q1 25 | $-213.0M | $138.7M | ||
| Q4 24 | $150.0M | $79.3M | ||
| Q3 24 | $282.0M | $68.7M | ||
| Q2 24 | $32.0M | $23.4M | ||
| Q1 24 | $32.0M | $46.7M |
自由现金流NWLROKU
| Q4 25 | $91.0M | $106.6M | ||
| Q3 25 | $315.0M | $126.5M | ||
| Q2 25 | $-117.0M | $108.6M | ||
| Q1 25 | $-272.0M | $136.8M | ||
| Q4 24 | $54.0M | $76.8M | ||
| Q3 24 | $231.0M | $67.6M | ||
| Q2 24 | $-21.0M | $22.5M | ||
| Q1 24 | $-27.0M | $46.0M |
自由现金流率NWLROKU
| Q4 25 | 4.8% | 7.6% | ||
| Q3 25 | 17.4% | 10.4% | ||
| Q2 25 | -6.0% | 9.8% | ||
| Q1 25 | -17.4% | 13.4% | ||
| Q4 24 | 2.8% | 6.4% | ||
| Q3 24 | 11.9% | 6.4% | ||
| Q2 24 | -1.0% | 2.3% | ||
| Q1 24 | -1.6% | 5.2% |
资本支出强度NWLROKU
| Q4 25 | 3.7% | 0.1% | ||
| Q3 25 | 3.3% | 0.1% | ||
| Q2 25 | 3.0% | 0.1% | ||
| Q1 25 | 3.8% | 0.2% | ||
| Q4 24 | 4.9% | 0.2% | ||
| Q3 24 | 2.6% | 0.1% | ||
| Q2 24 | 2.6% | 0.1% | ||
| Q1 24 | 3.6% | 0.1% |
现金转化率NWLROKU
| Q4 25 | — | 1.34× | ||
| Q3 25 | 17.81× | 5.14× | ||
| Q2 25 | -1.26× | 10.45× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | — | — |
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% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
