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Packaging Corporation of America（PKG）与道富集团（STT）财务数据对比。点击上方公司名可切换其他公司
道富集团的季度营收约是Packaging Corporation of America的1.5倍（$3.7B vs $2.4B），道富集团净利率更高（20.4% vs 7.2%，领先13.2%），Packaging Corporation of America同比增速更快（10.6% vs 7.5%），过去两年道富集团的营收复合增速更高（8.1% vs 6.8%）
Packaging Corporation of America是总部位于美国伊利诺伊州莱克福里斯特的制造企业，业务主要布局于美国本土，当前拥有约15500名员工，首席执行官为Mark W. Kowlzan。
道富集团是总部位于美国波士顿的跨国金融服务及银行控股公司，历史可追溯至1792年成立的联合银行，是美国运营历史第二悠久的存续银行。作为全球顶尖的资产管理与托管机构，截至2025年第三季度，其管理资产规模约5.4万亿美元，托管及管理资产总规模达51.7万亿美元。
PKG vs STT — 直观对比
营收规模更大
STT
是对方的1.5倍
$2.4B
营收增速更快
PKG
高出3.1%
7.5%
净利率更高
STT
高出13.2%
7.2%
两年增速更快
STT
近两年复合增速
6.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $3.7B |
| 净利润 | $170.9M | $747.0M |
| 毛利率 | 19.1% | — |
| 营业利润率 | 10.6% | 25.0% |
| 净利率 | 7.2% | 20.4% |
| 营收同比 | 10.6% | 7.5% |
| 净利润同比 | -16.1% | -4.6% |
| 每股收益（稀释后） | $1.91 | $2.41 |
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PKGSTT
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $3.7B | ||
| Q3 25 | $2.3B | $3.5B | ||
| Q2 25 | $2.2B | $3.4B | ||
| Q1 25 | $2.1B | $3.3B | ||
| Q4 24 | $2.1B | $3.4B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.1B | $3.2B |
净利润PKGSTT
| Q1 26 | $170.9M | — | ||
| Q4 25 | $101.9M | $747.0M | ||
| Q3 25 | $226.9M | $861.0M | ||
| Q2 25 | $241.5M | $693.0M | ||
| Q1 25 | $203.8M | $644.0M | ||
| Q4 24 | $221.2M | $783.0M | ||
| Q3 24 | $238.1M | $730.0M | ||
| Q2 24 | $198.9M | $711.0M |
毛利率PKGSTT
| Q1 26 | 19.1% | — | ||
| Q4 25 | 18.9% | — | ||
| Q3 25 | 21.8% | — | ||
| Q2 25 | 22.2% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 21.9% | — | ||
| Q3 24 | 23.1% | — | ||
| Q2 24 | 21.1% | — |
营业利润率PKGSTT
| Q1 26 | 10.6% | — | ||
| Q4 25 | 7.1% | 25.0% | ||
| Q3 25 | 14.0% | 31.1% | ||
| Q2 25 | 15.4% | 25.8% | ||
| Q1 25 | 13.1% | 25.0% | ||
| Q4 24 | 14.1% | 28.1% | ||
| Q3 24 | 15.0% | 28.4% | ||
| Q2 24 | 13.3% | 28.6% |
净利率PKGSTT
| Q1 26 | 7.2% | — | ||
| Q4 25 | 4.3% | 20.4% | ||
| Q3 25 | 9.8% | 24.3% | ||
| Q2 25 | 11.1% | 20.1% | ||
| Q1 25 | 9.5% | 19.6% | ||
| Q4 24 | 10.3% | 22.9% | ||
| Q3 24 | 10.9% | 22.4% | ||
| Q2 24 | 9.6% | 22.3% |
每股收益（稀释后）PKGSTT
| Q1 26 | $1.91 | — | ||
| Q4 25 | $1.14 | $2.41 | ||
| Q3 25 | $2.51 | $2.78 | ||
| Q2 25 | $2.67 | $2.17 | ||
| Q1 25 | $2.26 | $2.04 | ||
| Q4 24 | $2.45 | $2.43 | ||
| Q3 24 | $2.64 | $2.26 | ||
| Q2 24 | $2.21 | $2.15 |
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 | — | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $27.8B |
| 总资产 | — | $366.0B |
| 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PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | $529.0M | — | ||
| Q3 25 | $634.0M | — | ||
| Q2 25 | $787.9M | — | ||
| Q1 25 | $751.7M | — | ||
| Q4 24 | $685.0M | — | ||
| Q3 24 | $676.6M | — | ||
| Q2 24 | $613.6M | — |
总债务PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | $4.0B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | — | — |
股东权益PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $27.8B | ||
| Q3 25 | $4.8B | $27.6B | ||
| Q2 25 | $4.6B | $27.3B | ||
| Q1 25 | $4.5B | $26.7B | ||
| Q4 24 | $4.4B | $25.3B | ||
| Q3 24 | $4.3B | $25.8B | ||
| Q2 24 | $4.1B | $24.8B |
总资产PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | $10.7B | $366.0B | ||
| Q3 25 | $11.0B | $371.1B | ||
| Q2 25 | $9.0B | $376.7B | ||
| Q1 25 | $9.0B | $372.7B | ||
| Q4 24 | $8.8B | $353.2B | ||
| Q3 24 | $8.8B | $338.5B | ||
| Q2 24 | $9.0B | $325.6B |
负债/权益比PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | 0.87× | — | ||
| Q3 25 | 0.84× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 0.58× | — | ||
| Q2 24 | — | — |
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 | — | $10.0B |
| 自由现金流经营现金流 - 资本支出 | — | $9.8B |
| 自由现金流率自由现金流/营收 | — | 266.6% |
| 资本支出强度资本支出/营收 | — | 7.3% |
| 现金转化率经营现金流/净利润 | — | 13.44× |
| 过去12个月自由现金流最近4个季度 | — | $10.8B |
8季度趋势，按日历期对齐
经营现金流PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | $446.6M | $10.0B | ||
| Q3 25 | $472.2M | $7.9B | ||
| Q2 25 | $299.6M | $-8.4B | ||
| Q1 25 | $339.1M | $2.4B | ||
| Q4 24 | $325.4M | $-7.4B | ||
| Q3 24 | $327.1M | $2.7B | ||
| Q2 24 | $278.3M | $-7.6B |
自由现金流PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | $127.6M | $9.8B | ||
| Q3 25 | $280.1M | $7.7B | ||
| Q2 25 | $129.9M | $-8.8B | ||
| Q1 25 | $191.0M | $2.2B | ||
| Q4 24 | $124.1M | $-7.7B | ||
| Q3 24 | $180.4M | $2.5B | ||
| Q2 24 | $33.3M | $-7.9B |
自由现金流率PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | 5.4% | 266.6% | ||
| Q3 25 | 12.1% | 216.0% | ||
| Q2 25 | 6.0% | -254.1% | ||
| Q1 25 | 8.9% | 66.1% | ||
| Q4 24 | 5.8% | -225.1% | ||
| Q3 24 | 8.3% | 75.9% | ||
| Q2 24 | 1.6% | -246.2% |
资本支出强度PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | 13.5% | 7.3% | ||
| Q3 25 | 8.3% | 6.9% | ||
| Q2 25 | 7.8% | 9.3% | ||
| Q1 25 | 6.9% | 6.9% | ||
| Q4 24 | 9.4% | 7.3% | ||
| Q3 24 | 6.7% | 7.2% | ||
| Q2 24 | 11.8% | 6.7% |
现金转化率PKGSTT
| Q1 26 | — | — | ||
| Q4 25 | 4.38× | 13.44× | ||
| Q3 25 | 2.08× | 9.18× | ||
| Q2 25 | 1.24× | -12.18× | ||
| Q1 25 | 1.66× | 3.72× | ||
| Q4 24 | 1.47× | -9.49× | ||
| Q3 24 | 1.37× | 3.71× | ||
| Q2 24 | 1.40× | -10.75× |
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
PKG
暂无分部数据
STT
| Other | $2.2B | 59% |
| Investment Management | $729.0M | 20% |
| Management Services | $662.0M | 18% |
| Other Fee Revenue | $56.0M | 2% |
| Securities Financing Services | $54.0M | 1% |
