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滨特尔（PNR）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
滨特尔的季度营收约是思佳讯的1.0倍（$1.0B vs $1.0B），滨特尔净利率更高（16.6% vs 7.6%，领先9.0%），思佳讯同比增速更快（8.6% vs 2.6%），思佳讯自由现金流更多（$339.0M vs $-85.7M），过去两年思佳讯的营收复合增速更高（-0.5% vs -2.9%）
滨特尔（股票代码PNR）是知名水处理企业，注册地位于爱尔兰，税务居民身份归属英国，美国区总部设于明尼苏达州金谷市。品牌起源于美国，2017年数据显示其65%的营收来自美国和加拿大，2014年集团完成架构重组，注册地由瑞士变更为爱尔兰。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
PNR vs SWKS — 直观对比
营收规模更大
PNR
是对方的1.0倍
$1.0B
营收增速更快
SWKS
高出6.0%
2.6%
净利率更高
PNR
高出9.0%
7.6%
自由现金流更多
SWKS
多$424.7M
$-85.7M
两年增速更快
SWKS
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.0B |
| 净利润 | $172.4M | $79.2M |
| 毛利率 | 41.8% | 41.3% |
| 营业利润率 | 20.3% | 10.0% |
| 净利率 | 16.6% | 7.6% |
| 营收同比 | 2.6% | 8.6% |
| 净利润同比 | 11.3% | 15.3% |
| 每股收益（稀释后） | — | $0.53 |
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PNRSWKS
| Q1 26 | $1.0B | $1.0B | ||
| Q4 25 | $1.0B | $1.1B | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.1B | $965.0M | ||
| Q1 25 | $1.0B | $953.2M | ||
| Q4 24 | $972.9M | $1.1B | ||
| Q3 24 | $993.4M | $1.0B | ||
| Q2 24 | $1.1B | $905.5M |
净利润PNRSWKS
| Q1 26 | $172.4M | $79.2M | ||
| Q4 25 | $166.1M | $141.4M | ||
| Q3 25 | $184.3M | — | ||
| Q2 25 | $148.5M | $105.0M | ||
| Q1 25 | $154.9M | $68.7M | ||
| Q4 24 | $166.4M | $162.0M | ||
| Q3 24 | $139.6M | $60.5M | ||
| Q2 24 | $186.1M | $120.9M |
毛利率PNRSWKS
| Q1 26 | 41.8% | 41.3% | ||
| Q4 25 | 40.4% | 40.7% | ||
| Q3 25 | 41.0% | — | ||
| Q2 25 | 40.7% | 41.6% | ||
| Q1 25 | 39.9% | 41.1% | ||
| Q4 24 | 38.8% | 41.4% | ||
| Q3 24 | 39.6% | 41.9% | ||
| Q2 24 | 39.8% | 40.2% |
营业利润率PNRSWKS
| Q1 26 | 20.3% | 10.0% | ||
| Q4 25 | 20.1% | 10.1% | ||
| Q3 25 | 22.7% | — | ||
| Q2 25 | 19.4% | 11.5% | ||
| Q1 25 | 20.1% | 10.2% | ||
| Q4 24 | 20.1% | 16.9% | ||
| Q3 24 | 18.1% | 5.8% | ||
| Q2 24 | 22.6% | 14.4% |
净利率PNRSWKS
| Q1 26 | 16.6% | 7.6% | ||
| Q4 25 | 16.3% | 12.9% | ||
| Q3 25 | 18.0% | — | ||
| Q2 25 | 13.2% | 10.9% | ||
| Q1 25 | 15.3% | 7.2% | ||
| Q4 24 | 17.1% | 15.2% | ||
| Q3 24 | 14.1% | 5.9% | ||
| Q2 24 | 16.9% | 13.4% |
每股收益（稀释后）PNRSWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $1.01 | $0.95 | ||
| Q3 25 | $1.12 | — | ||
| Q2 25 | $0.90 | $0.70 | ||
| Q1 25 | $0.93 | $0.43 | ||
| Q4 24 | $0.99 | $1.00 | ||
| Q3 24 | $0.84 | $0.36 | ||
| Q2 24 | $1.11 | $0.75 |
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 | $67.7M | $1.6B |
| 总债务越低越好 | $1.9B | $496.6M |
| 股东权益账面价值 | $3.8B | $5.8B |
| 总资产 | $7.1B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.51× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资PNRSWKS
| Q1 26 | $67.7M | $1.6B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | $128.4M | — | ||
| Q2 25 | $143.0M | $1.3B | ||
| Q1 25 | $140.6M | $1.5B | ||
| Q4 24 | $118.7M | $1.7B | ||
| Q3 24 | $218.1M | $1.6B | ||
| Q2 24 | $214.3M | $1.3B |
总债务PNRSWKS
| Q1 26 | $1.9B | $496.6M | ||
| Q4 25 | $1.6B | $496.4M | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.4B | $496.2M | ||
| Q1 25 | $1.8B | $995.1M | ||
| Q4 24 | $1.6B | $994.7M | ||
| Q3 24 | — | $994.3M | ||
| Q2 24 | $1.8B | $994.0M |
股东权益PNRSWKS
| Q1 26 | $3.8B | $5.8B | ||
| Q4 25 | $3.9B | $5.8B | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.7B | $5.7B | ||
| Q1 25 | $3.6B | $5.9B | ||
| Q4 24 | $3.6B | $6.4B | ||
| Q3 24 | $3.5B | $6.3B | ||
| Q2 24 | $3.4B | $6.3B |
总资产PNRSWKS
| Q1 26 | $7.1B | $7.9B | ||
| Q4 25 | $6.9B | $7.9B | ||
| Q3 25 | $6.8B | — | ||
| Q2 25 | $6.5B | $7.7B | ||
| Q1 25 | $6.7B | $7.9B | ||
| Q4 24 | $6.4B | $8.3B | ||
| Q3 24 | $6.5B | $8.3B | ||
| Q2 24 | $6.5B | $8.2B |
负债/权益比PNRSWKS
| Q1 26 | 0.51× | 0.09× | ||
| Q4 25 | 0.42× | 0.09× | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.38× | 0.09× | ||
| Q1 25 | 0.51× | 0.17× | ||
| Q4 24 | 0.46× | 0.16× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | 0.51× | 0.16× |
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 | — | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $-85.7M | $339.0M |
| 自由现金流率自由现金流/营收 | -8.3% | 32.7% |
| 资本支出强度资本支出/营收 | 1.8% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 4.99× |
| 过去12个月自由现金流最近4个季度 | $716.0M | $1.1B |
8季度趋势，按日历期对齐
经营现金流PNRSWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $50.8M | $200.0M | ||
| Q3 25 | $196.3M | — | ||
| Q2 25 | $606.6M | $314.2M | ||
| Q1 25 | $-38.9M | $409.4M | ||
| Q4 24 | $86.5M | $377.2M | ||
| Q3 24 | $248.6M | $476.1M | ||
| Q2 24 | $539.2M | $273.4M |
自由现金流PNRSWKS
| Q1 26 | $-85.7M | $339.0M | ||
| Q4 25 | $27.1M | $144.0M | ||
| Q3 25 | $178.9M | — | ||
| Q2 25 | $595.7M | $252.7M | ||
| Q1 25 | $-55.7M | $370.9M | ||
| Q4 24 | $63.8M | $338.2M | ||
| Q3 24 | $233.2M | $393.3M | ||
| Q2 24 | $522.2M | $249.0M |
自由现金流率PNRSWKS
| Q1 26 | -8.3% | 32.7% | ||
| Q4 25 | 2.7% | 13.1% | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 53.0% | 26.2% | ||
| Q1 25 | -5.5% | 38.9% | ||
| Q4 24 | 6.6% | 31.7% | ||
| Q3 24 | 23.5% | 38.4% | ||
| Q2 24 | 47.5% | 27.5% |
资本支出强度PNRSWKS
| Q1 26 | 1.8% | 5.5% | ||
| Q4 25 | 2.3% | 5.1% | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.0% | 6.4% | ||
| Q1 25 | 1.7% | 4.0% | ||
| Q4 24 | 2.3% | 3.6% | ||
| Q3 24 | 1.6% | 8.1% | ||
| Q2 24 | 1.5% | 2.7% |
现金转化率PNRSWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 0.31× | 1.41× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 4.08× | 2.99× | ||
| Q1 25 | -0.25× | 5.96× | ||
| Q4 24 | 0.52× | 2.33× | ||
| Q3 24 | 1.78× | 7.87× | ||
| Q2 24 | 2.90× | 2.26× |
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
PNR
| Water Solutions | $391.0M | 38% |
| Pool | $387.1M | 37% |
| Flow | $258.1M | 25% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
