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欧文斯科宁（OC）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
史丹利百得的季度营收约是欧文斯科宁的1.8倍（$3.8B vs $2.1B），史丹利百得净利率更高（1.4% vs -13.9%，领先15.3%），史丹利百得同比增速更快（0.1% vs -24.6%），欧文斯科宁自由现金流更多（$333.0M vs $155.3M），过去两年史丹利百得的营收复合增速更高（0.3% vs -3.5%）
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
OC vs SWK — 直观对比
营收规模更大
SWK
是对方的1.8倍
$2.1B
营收增速更快
SWK
高出24.7%
-24.6%
净利率更高
SWK
高出15.3%
-13.9%
自由现金流更多
OC
多$177.7M
$155.3M
两年增速更快
SWK
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.8B |
| 净利润 | $-298.0M | $51.4M |
| 毛利率 | 23.2% | 31.4% |
| 营业利润率 | -10.5% | — |
| 净利率 | -13.9% | 1.4% |
| 营收同比 | -24.6% | 0.1% |
| 净利润同比 | -15.5% | -43.6% |
| 每股收益（稀释后） | $-3.47 | $0.34 |
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OCSWK
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.7B | $3.8B | ||
| Q2 25 | $2.7B | $3.9B | ||
| Q1 25 | $2.5B | $3.7B | ||
| Q4 24 | $2.8B | $3.7B | ||
| Q3 24 | $3.0B | $3.8B | ||
| Q2 24 | $2.8B | $4.0B | ||
| Q1 24 | $2.3B | $3.9B |
净利润OCSWK
| Q4 25 | $-298.0M | — | ||
| Q3 25 | $-494.0M | $51.4M | ||
| Q2 25 | $363.0M | $101.9M | ||
| Q1 25 | $-93.0M | $90.4M | ||
| Q4 24 | $-258.0M | $194.9M | ||
| Q3 24 | $321.0M | $91.1M | ||
| Q2 24 | $285.0M | $-11.2M | ||
| Q1 24 | $299.0M | $19.5M |
毛利率OCSWK
| Q4 25 | 23.2% | — | ||
| Q3 25 | 28.2% | 31.4% | ||
| Q2 25 | 31.2% | 27.0% | ||
| Q1 25 | 28.7% | 29.9% | ||
| Q4 24 | 28.1% | 30.8% | ||
| Q3 24 | 29.8% | 29.9% | ||
| Q2 24 | 31.1% | 28.4% | ||
| Q1 24 | 29.6% | 28.6% |
营业利润率OCSWK
| Q4 25 | -10.5% | — | ||
| Q3 25 | -12.2% | — | ||
| Q2 25 | 18.4% | — | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | -8.5% | 3.4% | ||
| Q3 24 | 16.7% | 10.6% | ||
| Q2 24 | 16.4% | 9.5% | ||
| Q1 24 | 17.5% | 8.3% |
净利率OCSWK
| Q4 25 | -13.9% | — | ||
| Q3 25 | -18.4% | 1.4% | ||
| Q2 25 | 13.2% | 2.6% | ||
| Q1 25 | -3.7% | 2.4% | ||
| Q4 24 | -9.1% | 5.2% | ||
| Q3 24 | 10.5% | 2.4% | ||
| Q2 24 | 10.2% | -0.3% | ||
| Q1 24 | 13.0% | 0.5% |
每股收益（稀释后）OCSWK
| Q4 25 | $-3.47 | — | ||
| Q3 25 | $-5.92 | $0.34 | ||
| Q2 25 | $4.25 | $0.67 | ||
| Q1 25 | $-1.08 | $0.60 | ||
| Q4 24 | $-2.92 | $1.29 | ||
| Q3 24 | $3.65 | $0.60 | ||
| Q2 24 | $3.24 | $-0.07 | ||
| Q1 24 | $3.40 | $0.13 |
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 | $345.0M | $268.3M |
| 总债务越低越好 | $4.7B | $5.3B |
| 股东权益账面价值 | $3.9B | $9.0B |
| 总资产 | $13.0B | $21.8B |
| 负债/权益比越低杠杆越低 | 1.22× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资OCSWK
| Q4 25 | $345.0M | — | ||
| Q3 25 | $286.0M | $268.3M | ||
| Q2 25 | $230.0M | $311.8M | ||
| Q1 25 | $400.0M | $344.8M | ||
| Q4 24 | $361.0M | $290.5M | ||
| Q3 24 | $499.0M | $298.7M | ||
| Q2 24 | $254.0M | $318.5M | ||
| Q1 24 | $1.3B | $476.6M |
总债务OCSWK
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.7B | $5.3B | ||
| Q2 25 | $5.1B | $5.6B | ||
| Q1 25 | $5.0B | $5.6B | ||
| Q4 24 | $5.1B | $6.1B | ||
| Q3 24 | $5.0B | $6.1B | ||
| Q2 24 | $5.0B | $6.1B | ||
| Q1 24 | $2.6B | $6.1B |
股东权益OCSWK
| Q4 25 | $3.9B | — | ||
| Q3 25 | $4.4B | $9.0B | ||
| Q2 25 | $5.2B | $9.1B | ||
| Q1 25 | $4.9B | $8.8B | ||
| Q4 24 | $5.1B | $8.7B | ||
| Q3 24 | $5.6B | $8.9B | ||
| Q2 24 | $5.5B | $8.7B | ||
| Q1 24 | $5.2B | $8.9B |
总资产OCSWK
| Q4 25 | $13.0B | — | ||
| Q3 25 | $13.5B | $21.8B | ||
| Q2 25 | $14.5B | $22.5B | ||
| Q1 25 | $14.3B | $22.5B | ||
| Q4 24 | $14.1B | $21.8B | ||
| Q3 24 | $15.1B | $22.5B | ||
| Q2 24 | $15.0B | $22.5B | ||
| Q1 24 | $11.3B | $23.9B |
负债/权益比OCSWK
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.06× | 0.59× | ||
| Q2 25 | 0.98× | 0.62× | ||
| Q1 25 | 1.03× | 0.63× | ||
| Q4 24 | 1.01× | 0.70× | ||
| Q3 24 | 0.89× | 0.69× | ||
| Q2 24 | 0.92× | 0.70× | ||
| Q1 24 | 0.51× | 0.69× |
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 | $590.0M | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $333.0M | $155.3M |
| 自由现金流率自由现金流/营收 | 15.5% | 4.1% |
| 资本支出强度资本支出/营收 | 12.0% | 1.8% |
| 现金转化率经营现金流/净利润 | — | 4.30× |
| 过去12个月自由现金流最近4个季度 | $962.0M | $369.6M |
8季度趋势，按日历期对齐
经营现金流OCSWK
| Q4 25 | $590.0M | — | ||
| Q3 25 | $918.0M | $221.2M | ||
| Q2 25 | $327.0M | $214.3M | ||
| Q1 25 | $-49.0M | $-420.0M | ||
| Q4 24 | $676.0M | $679.1M | ||
| Q3 24 | $699.0M | $285.8M | ||
| Q2 24 | $493.0M | $573.0M | ||
| Q1 24 | $24.0M | $-431.0M |
自由现金流OCSWK
| Q4 25 | $333.0M | — | ||
| Q3 25 | $752.0M | $155.3M | ||
| Q2 25 | $129.0M | $134.7M | ||
| Q1 25 | $-252.0M | $-485.0M | ||
| Q4 24 | $479.0M | $564.6M | ||
| Q3 24 | $558.0M | $199.3M | ||
| Q2 24 | $336.0M | $485.8M | ||
| Q1 24 | $-128.0M | $-496.7M |
自由现金流率OCSWK
| Q4 25 | 15.5% | — | ||
| Q3 25 | 28.0% | 4.1% | ||
| Q2 25 | 4.7% | 3.4% | ||
| Q1 25 | -10.0% | -13.0% | ||
| Q4 24 | 16.9% | 15.2% | ||
| Q3 24 | 18.3% | 5.3% | ||
| Q2 24 | 12.0% | 12.1% | ||
| Q1 24 | -5.6% | -12.8% |
资本支出强度OCSWK
| Q4 25 | 12.0% | — | ||
| Q3 25 | 6.2% | 1.8% | ||
| Q2 25 | 7.2% | 2.0% | ||
| Q1 25 | 8.0% | 1.7% | ||
| Q4 24 | 6.9% | 3.1% | ||
| Q3 24 | 4.6% | 2.3% | ||
| Q2 24 | 5.6% | 2.2% | ||
| Q1 24 | 6.6% | 1.7% |
现金转化率OCSWK
| Q4 25 | — | — | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | 0.90× | 2.10× | ||
| Q1 25 | — | -4.65× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | 2.18× | 3.14× | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 0.08× | -22.10× |
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
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
