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新闻集团（NWSA）与惠而浦（WHR）财务数据对比。点击上方公司名可切换其他公司
惠而浦的季度营收约是新闻集团的1.7倍（$4.1B vs $2.4B），新闻集团净利率更高（8.2% vs 2.7%，领先5.5%），新闻集团同比增速更快（5.5% vs -0.9%），惠而浦自由现金流更多（$989.0M vs $132.0M），过去两年新闻集团的营收复合增速更高（-1.3% vs -4.5%）
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
惠而浦是总部位于美国密歇根州本顿特许镇的跨国家电研发、生产及销售企业，位列《财富》世界500强。2023年集团年销售额约190亿美元，全球员工规模近5.9万人，在世界各地布局超55座生产及技术研发中心。
NWSA vs WHR — 直观对比
营收规模更大
WHR
是对方的1.7倍
$2.4B
营收增速更快
NWSA
高出6.5%
-0.9%
净利率更高
NWSA
高出5.5%
2.7%
自由现金流更多
WHR
多$857.0M
$132.0M
两年增速更快
NWSA
近两年复合增速
-4.5%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $4.1B |
| 净利润 | $193.0M | $109.0M |
| 毛利率 | — | 14.0% |
| 营业利润率 | — | 6.0% |
| 净利率 | 8.2% | 2.7% |
| 营收同比 | 5.5% | -0.9% |
| 净利润同比 | -10.2% | 127.8% |
| 每股收益（稀释后） | $0.34 | $1.92 |
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NWSAWHR
| Q4 25 | $2.4B | $4.1B | ||
| Q3 25 | $2.1B | $4.0B | ||
| Q2 25 | $1.6B | $3.8B | ||
| Q1 25 | $2.0B | $3.6B | ||
| Q4 24 | $2.2B | $4.1B | ||
| Q3 24 | $2.6B | $4.0B | ||
| Q2 24 | $2.6B | $4.0B | ||
| Q1 24 | $2.4B | $4.5B |
净利润NWSAWHR
| Q4 25 | $193.0M | $109.0M | ||
| Q3 25 | $112.0M | $73.0M | ||
| Q2 25 | $743.0M | $65.0M | ||
| Q1 25 | $103.0M | $71.0M | ||
| Q4 24 | $215.0M | $-392.0M | ||
| Q3 24 | $119.0M | $109.0M | ||
| Q2 24 | $50.0M | $219.0M | ||
| Q1 24 | $30.0M | $-259.0M |
毛利率NWSAWHR
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 16.2% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | — | 16.2% | ||
| Q3 24 | — | 16.1% | ||
| Q2 24 | — | 15.7% | ||
| Q1 24 | — | 14.3% |
营业利润率NWSAWHR
| Q4 25 | — | 6.0% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | 8.5% | 5.4% | ||
| Q1 25 | 7.5% | 5.1% | ||
| Q4 24 | 19.2% | -3.3% | ||
| Q3 24 | 7.9% | 6.6% | ||
| Q2 24 | 4.3% | 3.3% | ||
| Q1 24 | 2.6% | -2.6% |
净利率NWSAWHR
| Q4 25 | 8.2% | 2.7% | ||
| Q3 25 | 5.2% | 1.8% | ||
| Q2 25 | 45.6% | 1.7% | ||
| Q1 25 | 5.1% | 2.0% | ||
| Q4 24 | 9.6% | -9.5% | ||
| Q3 24 | 4.6% | 2.7% | ||
| Q2 24 | 1.9% | 5.5% | ||
| Q1 24 | 1.2% | -5.8% |
每股收益（稀释后）NWSAWHR
| Q4 25 | $0.34 | $1.92 | ||
| Q3 25 | $0.20 | $1.29 | ||
| Q2 25 | $1.30 | $1.17 | ||
| Q1 25 | $0.18 | $1.28 | ||
| Q4 24 | $0.38 | $-7.11 | ||
| Q3 24 | $0.21 | $2.00 | ||
| Q2 24 | $0.09 | $3.96 | ||
| Q1 24 | $0.05 | $-4.72 |
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 | $2.1B | $669.0M |
| 总债务越低越好 | $2.0B | $6.2B |
| 股东权益账面价值 | $8.8B | $2.7B |
| 总资产 | $15.5B | $16.0B |
| 负债/权益比越低杠杆越低 | 0.22× | 2.26× |
8季度趋势，按日历期对齐
现金及短期投资NWSAWHR
| Q4 25 | $2.1B | $669.0M | ||
| Q3 25 | $2.2B | $934.0M | ||
| Q2 25 | $2.4B | $1.1B | ||
| Q1 25 | $2.1B | $1.0B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $1.9B | $1.2B |
总债务NWSAWHR
| Q4 25 | $2.0B | $6.2B | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $6.6B | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $2.9B | — |
股东权益NWSAWHR
| Q4 25 | $8.8B | $2.7B | ||
| Q3 25 | $8.7B | $2.6B | ||
| Q2 25 | $8.8B | $2.6B | ||
| Q1 25 | $8.2B | $2.6B | ||
| Q4 24 | $8.1B | $2.7B | ||
| Q3 24 | $8.3B | $3.0B | ||
| Q2 24 | $8.1B | $3.1B | ||
| Q1 24 | $8.1B | $2.4B |
总资产NWSAWHR
| Q4 25 | $15.5B | $16.0B | ||
| Q3 25 | $15.3B | $16.9B | ||
| Q2 25 | $15.5B | $16.8B | ||
| Q1 25 | $16.6B | $16.5B | ||
| Q4 24 | $16.2B | $16.3B | ||
| Q3 24 | $16.9B | $17.2B | ||
| Q2 24 | $16.7B | $17.3B | ||
| Q1 24 | $16.5B | $17.4B |
负债/权益比NWSAWHR
| Q4 25 | 0.22× | 2.26× | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.24× | 2.46× | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.36× | — |
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 | $231.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $132.0M | $989.0M |
| 自由现金流率自由现金流/营收 | 5.6% | 24.1% |
| 资本支出强度资本支出/营收 | 4.2% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.20× | 10.45× |
| 过去12个月自由现金流最近4个季度 | $586.0M | $81.0M |
8季度趋势，按日历期对齐
经营现金流NWSAWHR
| Q4 25 | $231.0M | $1.1B | ||
| Q3 25 | $85.0M | $33.0M | ||
| Q2 25 | $189.0M | $19.0M | ||
| Q1 25 | $511.0M | $-721.0M | ||
| Q4 24 | $252.0M | $1.1B | ||
| Q3 24 | $64.0M | $214.0M | ||
| Q2 24 | $254.0M | $388.0M | ||
| Q1 24 | $539.0M | $-873.0M |
自由现金流NWSAWHR
| Q4 25 | $132.0M | $989.0M | ||
| Q3 25 | $4.0M | $-52.0M | ||
| Q2 25 | $32.0M | $-63.0M | ||
| Q1 25 | $418.0M | $-793.0M | ||
| Q4 24 | $190.0M | $970.0M | ||
| Q3 24 | $-31.0M | $127.0M | ||
| Q2 24 | $111.0M | $275.0M | ||
| Q1 24 | $422.0M | $-988.0M |
自由现金流率NWSAWHR
| Q4 25 | 5.6% | 24.1% | ||
| Q3 25 | 0.2% | -1.3% | ||
| Q2 25 | 2.0% | -1.7% | ||
| Q1 25 | 20.8% | -21.9% | ||
| Q4 24 | 8.5% | 23.5% | ||
| Q3 24 | -1.2% | 3.2% | ||
| Q2 24 | 4.3% | 6.9% | ||
| Q1 24 | 17.4% | -22.0% |
资本支出强度NWSAWHR
| Q4 25 | 4.2% | 3.7% | ||
| Q3 25 | 3.8% | 2.1% | ||
| Q2 25 | 9.6% | 2.2% | ||
| Q1 25 | 4.6% | 2.0% | ||
| Q4 24 | 2.8% | 3.3% | ||
| Q3 24 | 3.7% | 2.2% | ||
| Q2 24 | 5.5% | 2.8% | ||
| Q1 24 | 4.8% | 2.6% |
现金转化率NWSAWHR
| Q4 25 | 1.20× | 10.45× | ||
| Q3 25 | 0.76× | 0.45× | ||
| Q2 25 | 0.25× | 0.29× | ||
| Q1 25 | 4.96× | -10.15× | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 0.54× | 1.96× | ||
| Q2 24 | 5.08× | 1.77× | ||
| Q1 24 | 17.97× | — |
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
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
WHR
| Refrigeration | $1.2B | 30% |
| Laundry | $1.1B | 27% |
| Cooking | $1.1B | 26% |
| Dishwashing | $299.0M | 7% |
| Other | $266.0M | 6% |
| Spare Parts And Warranties | $139.0M | 3% |
