vs
滨特尔（PNR）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
赛莱默的季度营收约是滨特尔的2.3倍（$2.4B vs $1.0B）。滨特尔净利率更高（16.3% vs 14.0%，领先2.3%）。赛莱默同比增速更快（6.3% vs 4.9%）。赛莱默自由现金流更多（$460.0M vs $27.1M）。过去两年赛莱默的营收复合增速更高（8.6% vs 0.2%）
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。
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。
PNR vs XYL — 直观对比
营收规模更大
XYL
是对方的2.3倍
$1.0B
营收增速更快
XYL
高出1.4%
4.9%
净利率更高
PNR
高出2.3%
14.0%
自由现金流更多
XYL
多$432.9M
$27.1M
两年增速更快
XYL
近两年复合增速
0.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $2.4B |
| 净利润 | $166.1M | $335.0M |
| 毛利率 | 40.4% | 38.9% |
| 营业利润率 | 20.1% | 14.7% |
| 净利率 | 16.3% | 14.0% |
| 营收同比 | 4.9% | 6.3% |
| 净利润同比 | -0.2% | 2.8% |
| 每股收益（稀释后） | $1.01 | $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PNRXYL
| Q4 25 | $1.0B | $2.4B | ||
| Q3 25 | $1.0B | $2.3B | ||
| Q2 25 | $1.1B | $2.3B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $972.9M | $2.3B | ||
| Q3 24 | $993.4M | $2.1B | ||
| Q2 24 | $1.1B | $2.2B | ||
| Q1 24 | $1.0B | $2.0B |
净利润PNRXYL
| Q4 25 | $166.1M | $335.0M | ||
| Q3 25 | $184.3M | $227.0M | ||
| Q2 25 | $148.5M | $226.0M | ||
| Q1 25 | $154.9M | $169.0M | ||
| Q4 24 | $166.4M | $326.0M | ||
| Q3 24 | $139.6M | $217.0M | ||
| Q2 24 | $186.1M | $194.0M | ||
| Q1 24 | $133.3M | $153.0M |
毛利率PNRXYL
| Q4 25 | 40.4% | 38.9% | ||
| Q3 25 | 41.0% | 38.9% | ||
| Q2 25 | 40.7% | 38.8% | ||
| Q1 25 | 39.9% | 37.1% | ||
| Q4 24 | 38.8% | 38.0% | ||
| Q3 24 | 39.6% | 37.3% | ||
| Q2 24 | 39.8% | 37.8% | ||
| Q1 24 | 38.4% | 37.0% |
营业利润率PNRXYL
| Q4 25 | 20.1% | 14.7% | ||
| Q3 25 | 22.7% | 14.7% | ||
| Q2 25 | 19.4% | 13.3% | ||
| Q1 25 | 20.1% | 11.2% | ||
| Q4 24 | 20.1% | 11.8% | ||
| Q3 24 | 18.1% | 13.3% | ||
| Q2 24 | 22.6% | 11.7% | ||
| Q1 24 | 17.8% | 10.3% |
净利率PNRXYL
| Q4 25 | 16.3% | 14.0% | ||
| Q3 25 | 18.0% | 10.0% | ||
| Q2 25 | 13.2% | 9.8% | ||
| Q1 25 | 15.3% | 8.2% | ||
| Q4 24 | 17.1% | 14.5% | ||
| Q3 24 | 14.1% | 10.3% | ||
| Q2 24 | 16.9% | 8.9% | ||
| Q1 24 | 13.1% | 7.5% |
每股收益（稀释后）PNRXYL
| Q4 25 | $1.01 | $1.37 | ||
| Q3 25 | $1.12 | $0.93 | ||
| Q2 25 | $0.90 | $0.93 | ||
| Q1 25 | $0.93 | $0.69 | ||
| Q4 24 | $0.99 | $1.33 | ||
| Q3 24 | $0.84 | $0.89 | ||
| Q2 24 | $1.11 | $0.80 | ||
| Q1 24 | $0.80 | $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 | — | $1.5B |
| 总债务越低越好 | $1.6B | $2.0B |
| 股东权益账面价值 | $3.9B | $11.5B |
| 总资产 | $6.9B | $17.6B |
| 负债/权益比越低杠杆越低 | 0.42× | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资PNRXYL
| Q4 25 | — | $1.5B | ||
| Q3 25 | $128.4M | $1.2B | ||
| Q2 25 | $143.0M | $1.2B | ||
| Q1 25 | $140.6M | $1.1B | ||
| Q4 24 | $118.7M | $1.1B | ||
| Q3 24 | $218.1M | $989.0M | ||
| Q2 24 | $214.3M | $815.0M | ||
| Q1 24 | $109.1M | $947.0M |
总债务PNRXYL
| Q4 25 | $1.6B | $2.0B | ||
| Q3 25 | $1.6B | $2.0B | ||
| Q2 25 | $1.4B | $2.0B | ||
| Q1 25 | $1.8B | $2.0B | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $2.1B | — |
股东权益PNRXYL
| Q4 25 | $3.9B | $11.5B | ||
| Q3 25 | $3.8B | $11.2B | ||
| Q2 25 | $3.7B | $11.1B | ||
| Q1 25 | $3.6B | $10.8B | ||
| Q4 24 | $3.6B | $10.6B | ||
| Q3 24 | $3.5B | $10.6B | ||
| Q2 24 | $3.4B | $10.3B | ||
| Q1 24 | $3.3B | $10.2B |
总资产PNRXYL
| Q4 25 | $6.9B | $17.6B | ||
| Q3 25 | $6.8B | $17.3B | ||
| Q2 25 | $6.5B | $17.2B | ||
| Q1 25 | $6.7B | $16.6B | ||
| Q4 24 | $6.4B | $16.5B | ||
| Q3 24 | $6.5B | $16.0B | ||
| Q2 24 | $6.5B | $15.8B | ||
| Q1 24 | $6.7B | $15.9B |
负债/权益比PNRXYL
| Q4 25 | 0.42× | 0.17× | ||
| Q3 25 | 0.42× | 0.18× | ||
| Q2 25 | 0.38× | 0.18× | ||
| Q1 25 | 0.51× | 0.19× | ||
| Q4 24 | 0.46× | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.51× | — | ||
| 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 | $50.8M | $543.0M |
| 自由现金流经营现金流 - 资本支出 | $27.1M | $460.0M |
| 自由现金流率自由现金流/营收 | 2.7% | 19.2% |
| 资本支出强度资本支出/营收 | 2.3% | 3.5% |
| 现金转化率经营现金流/净利润 | 0.31× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $746.0M | $910.0M |
8季度趋势，按日历期对齐
经营现金流PNRXYL
| Q4 25 | $50.8M | $543.0M | ||
| Q3 25 | $196.3M | $360.0M | ||
| Q2 25 | $606.6M | $305.0M | ||
| Q1 25 | $-38.9M | $33.0M | ||
| Q4 24 | $86.5M | $575.0M | ||
| Q3 24 | $248.6M | $311.0M | ||
| Q2 24 | $539.2M | $288.0M | ||
| Q1 24 | $-107.6M | $89.0M |
自由现金流PNRXYL
| Q4 25 | $27.1M | $460.0M | ||
| Q3 25 | $178.9M | $281.0M | ||
| Q2 25 | $595.7M | $207.0M | ||
| Q1 25 | $-55.7M | $-38.0M | ||
| Q4 24 | $63.8M | $475.0M | ||
| Q3 24 | $233.2M | $237.0M | ||
| Q2 24 | $522.2M | $215.0M | ||
| Q1 24 | $-126.9M | $15.0M |
自由现金流率PNRXYL
| Q4 25 | 2.7% | 19.2% | ||
| Q3 25 | 17.5% | 12.4% | ||
| Q2 25 | 53.0% | 9.0% | ||
| Q1 25 | -5.5% | -1.8% | ||
| Q4 24 | 6.6% | 21.1% | ||
| Q3 24 | 23.5% | 11.3% | ||
| Q2 24 | 47.5% | 9.9% | ||
| Q1 24 | -12.5% | 0.7% |
资本支出强度PNRXYL
| Q4 25 | 2.3% | 3.5% | ||
| Q3 25 | 1.7% | 3.5% | ||
| Q2 25 | 1.0% | 4.3% | ||
| Q1 25 | 1.7% | 3.4% | ||
| Q4 24 | 2.3% | 4.4% | ||
| Q3 24 | 1.6% | 3.5% | ||
| Q2 24 | 1.5% | 3.4% | ||
| Q1 24 | 1.9% | 3.6% |
现金转化率PNRXYL
| Q4 25 | 0.31× | 1.62× | ||
| Q3 25 | 1.07× | 1.59× | ||
| Q2 25 | 4.08× | 1.35× | ||
| Q1 25 | -0.25× | 0.20× | ||
| Q4 24 | 0.52× | 1.76× | ||
| Q3 24 | 1.78× | 1.43× | ||
| Q2 24 | 2.90× | 1.48× | ||
| Q1 24 | -0.81× | 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
PNR
| Flow | $394.4M | 39% |
| Water Solutions | $232.3M | 23% |
| Industrial Sector | $206.0M | 20% |
| Developing Countries | $132.0M | 13% |
| Other Developed Countries | $62.2M | 6% |
XYL
| Products | $2.0B | 83% |
| Services | $412.0M | 17% |
