vs
派克汉尼汾（PH）与赛莱默（XYL）财务数据对比。点击上方公司名可切换其他公司
派克汉尼汾的季度营收约是赛莱默的2.2倍（$5.2B vs $2.4B）。派克汉尼汾同比增速更快（9.1% vs 6.3%）。派克汉尼汾自由现金流更多（$768.0M vs $460.0M）。过去两年赛莱默的营收复合增速更高（8.6% vs 1.0%）
派克汉尼汾（常简称为派克）是一家专注于运动与控制技术的美国企业，前身为派克电器公司，总部坐落于俄亥俄州大克利夫兰都市区的梅菲尔德高地，其技术及产品广泛应用于工业制造、航空航天等多个核心领域。
该文本为植物学对木质部的定义说明，并非赛莱默公司（Xylem Inc.）的企业业务介绍。Xylem Inc.是一家专注于水技术与解决方案的全球企业，提供水务基础设施、水环境治理等相关设备与服务。
PH vs XYL — 直观对比
营收规模更大
PH
是对方的2.2倍
$2.4B
营收增速更快
PH
高出2.8%
6.3%
自由现金流更多
PH
多$308.0M
$460.0M
两年增速更快
XYL
近两年复合增速
1.0%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $2.4B |
| 净利润 | — | $335.0M |
| 毛利率 | 37.3% | 38.9% |
| 营业利润率 | 22.8% | 14.7% |
| 净利率 | — | 14.0% |
| 营收同比 | 9.1% | 6.3% |
| 净利润同比 | — | 2.8% |
| 每股收益（稀释后） | $6.60 | $1.37 |
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PHXYL
| Q4 25 | $5.2B | $2.4B | ||
| Q3 25 | $5.1B | $2.3B | ||
| Q2 25 | $5.2B | $2.3B | ||
| Q1 25 | $5.0B | $2.1B | ||
| Q4 24 | $4.7B | $2.3B | ||
| Q3 24 | $4.9B | $2.1B | ||
| Q2 24 | $5.2B | $2.2B | ||
| Q1 24 | $5.1B | $2.0B |
净利润PHXYL
| Q4 25 | — | $335.0M | ||
| Q3 25 | — | $227.0M | ||
| Q2 25 | $923.6M | $226.0M | ||
| Q1 25 | $961.2M | $169.0M | ||
| Q4 24 | $948.6M | $326.0M | ||
| Q3 24 | $698.5M | $217.0M | ||
| Q2 24 | $785.1M | $194.0M | ||
| Q1 24 | $726.7M | $153.0M |
毛利率PHXYL
| Q4 25 | 37.3% | 38.9% | ||
| Q3 25 | 37.5% | 38.9% | ||
| Q2 25 | 37.3% | 38.8% | ||
| Q1 25 | 36.9% | 37.1% | ||
| Q4 24 | 36.3% | 38.0% | ||
| Q3 24 | 36.8% | 37.3% | ||
| Q2 24 | 35.9% | 37.8% | ||
| Q1 24 | 35.4% | 37.0% |
营业利润率PHXYL
| Q4 25 | 22.8% | 14.7% | ||
| Q3 25 | 23.3% | 14.7% | ||
| Q2 25 | 22.7% | 13.3% | ||
| Q1 25 | 22.3% | 11.2% | ||
| Q4 24 | 20.9% | 11.8% | ||
| Q3 24 | 21.6% | 13.3% | ||
| Q2 24 | 21.1% | 11.7% | ||
| Q1 24 | 20.4% | 10.3% |
净利率PHXYL
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | 10.0% | ||
| Q2 25 | 17.6% | 9.8% | ||
| Q1 25 | 19.4% | 8.2% | ||
| Q4 24 | 20.0% | 14.5% | ||
| Q3 24 | 14.2% | 10.3% | ||
| Q2 24 | 15.1% | 8.9% | ||
| Q1 24 | 14.3% | 7.5% |
每股收益（稀释后）PHXYL
| Q4 25 | $6.60 | $1.37 | ||
| Q3 25 | $6.29 | $0.93 | ||
| Q2 25 | $7.16 | $0.93 | ||
| Q1 25 | $7.37 | $0.69 | ||
| Q4 24 | $7.25 | $1.33 | ||
| Q3 24 | $5.34 | $0.89 | ||
| Q2 24 | $6.06 | $0.80 | ||
| Q1 24 | $5.56 | $0.63 |
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 | $427.0M | $1.5B |
| 总债务越低越好 | $7.5B | $2.0B |
| 股东权益账面价值 | $14.3B | $11.5B |
| 总资产 | $30.5B | $17.6B |
| 负债/权益比越低杠杆越低 | 0.52× | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资PHXYL
| Q4 25 | $427.0M | $1.5B | ||
| Q3 25 | $473.0M | $1.2B | ||
| Q2 25 | $467.0M | $1.2B | ||
| Q1 25 | $408.7M | $1.1B | ||
| Q4 24 | $395.5M | $1.1B | ||
| Q3 24 | $371.1M | $989.0M | ||
| Q2 24 | $422.0M | $815.0M | ||
| Q1 24 | $415.5M | $947.0M |
总债务PHXYL
| Q4 25 | $7.5B | $2.0B | ||
| Q3 25 | $7.5B | $2.0B | ||
| Q2 25 | $7.5B | $2.0B | ||
| Q1 25 | $7.4B | $2.0B | ||
| Q4 24 | $6.7B | $2.0B | ||
| Q3 24 | $6.7B | — | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $7.3B | — |
股东权益PHXYL
| Q4 25 | $14.3B | $11.5B | ||
| Q3 25 | $13.8B | $11.2B | ||
| Q2 25 | $13.7B | $11.1B | ||
| Q1 25 | $13.4B | $10.8B | ||
| Q4 24 | $13.1B | $10.6B | ||
| Q3 24 | $12.9B | $10.6B | ||
| Q2 24 | $12.1B | $10.3B | ||
| Q1 24 | $11.6B | $10.2B |
总资产PHXYL
| Q4 25 | $30.5B | $17.6B | ||
| Q3 25 | $30.7B | $17.3B | ||
| Q2 25 | $29.5B | $17.2B | ||
| Q1 25 | $28.9B | $16.6B | ||
| Q4 24 | $28.3B | $16.5B | ||
| Q3 24 | $29.6B | $16.0B | ||
| Q2 24 | $29.3B | $15.8B | ||
| Q1 24 | $29.6B | $15.9B |
负债/权益比PHXYL
| Q4 25 | 0.52× | 0.17× | ||
| Q3 25 | 0.54× | 0.18× | ||
| Q2 25 | 0.55× | 0.18× | ||
| Q1 25 | 0.55× | 0.19× | ||
| Q4 24 | 0.51× | 0.19× | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.63× | — |
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 | $862.0M | $543.0M |
| 自由现金流经营现金流 - 资本支出 | $768.0M | $460.0M |
| 自由现金流率自由现金流/营收 | 14.8% | 19.2% |
| 资本支出强度资本支出/营收 | 1.8% | 3.5% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | $3.3B | $910.0M |
8季度趋势，按日历期对齐
经营现金流PHXYL
| Q4 25 | $862.0M | $543.0M | ||
| Q3 25 | $782.0M | $360.0M | ||
| Q2 25 | $1.5B | $305.0M | ||
| Q1 25 | $630.0M | $33.0M | ||
| Q4 24 | $934.8M | $575.0M | ||
| Q3 24 | $744.0M | $311.0M | ||
| Q2 24 | $1.2B | $288.0M | ||
| Q1 24 | $795.1M | $89.0M |
自由现金流PHXYL
| Q4 25 | $768.0M | $460.0M | ||
| Q3 25 | $693.0M | $281.0M | ||
| Q2 25 | $1.3B | $207.0M | ||
| Q1 25 | $542.4M | $-38.0M | ||
| Q4 24 | $813.6M | $475.0M | ||
| Q3 24 | $648.7M | $237.0M | ||
| Q2 24 | $1.1B | $215.0M | ||
| Q1 24 | $715.9M | $15.0M |
自由现金流率PHXYL
| Q4 25 | 14.8% | 19.2% | ||
| Q3 25 | 13.6% | 12.4% | ||
| Q2 25 | 25.5% | 9.0% | ||
| Q1 25 | 10.9% | -1.8% | ||
| Q4 24 | 17.2% | 21.1% | ||
| Q3 24 | 13.2% | 11.3% | ||
| Q2 24 | 21.6% | 9.9% | ||
| Q1 24 | 14.1% | 0.7% |
资本支出强度PHXYL
| Q4 25 | 1.8% | 3.5% | ||
| Q3 25 | 1.8% | 3.5% | ||
| Q2 25 | 2.5% | 4.3% | ||
| Q1 25 | 1.8% | 3.4% | ||
| Q4 24 | 2.6% | 4.4% | ||
| Q3 24 | 1.9% | 3.5% | ||
| Q2 24 | 2.3% | 3.4% | ||
| Q1 24 | 1.6% | 3.6% |
现金转化率PHXYL
| Q4 25 | — | 1.62× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | 1.59× | 1.35× | ||
| Q1 25 | 0.66× | 0.20× | ||
| Q4 24 | 0.99× | 1.76× | ||
| Q3 24 | 1.07× | 1.43× | ||
| Q2 24 | 1.58× | 1.48× | ||
| Q1 24 | 1.09× | 0.58× |
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
PH
| Filtration And Engineered Materials | $1.5B | 28% |
| Other | $1.1B | 22% |
| Motion Systems | $893.0M | 17% |
| Commercial Aftermarket | $619.0M | 12% |
| Commercial Original Equipment Manufacturer | $561.0M | 11% |
| Defense Original Equipment Manufacturer | $305.0M | 6% |
| Defense Aftermarket | $221.0M | 4% |
XYL
| Products | $2.0B | 83% |
| Services | $412.0M | 17% |
