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希悦尔（SEE）与摩森康胜饮品公司（TAP）财务数据对比。点击上方公司名可切换其他公司
摩森康胜饮品公司的季度营收约是希悦尔的2.0倍（$2.7B vs $1.4B），摩森康胜饮品公司净利率更高（5.5% vs 3.1%，领先2.4%），希悦尔同比增速更快（2.6% vs 2.0%），过去两年希悦尔的营收复合增速更高（2.7% vs -15.8%）
希悦尔是全球领先的包装与防护解决方案供应商，核心产品包括缓冲防护材料、食品保鲜包装、可持续减废包装系统，服务覆盖电商、零售、食品饮料、工业制造等多个海内外领域。
摩森康胜饮品公司是一家美加合资的跨国饮料酿造企业，旗下拥有多款知名酒精及非酒精饮品产品线，业务覆盖全球多个国家和地区，目前在伊利诺伊州芝加哥与魁北克省蒙特利尔设有双总部。
SEE vs TAP — 直观对比
营收规模更大
TAP
是对方的2.0倍
$1.4B
营收增速更快
SEE
高出0.6%
2.0%
净利率更高
TAP
高出2.4%
3.1%
两年增速更快
SEE
近两年复合增速
-15.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.7B |
| 净利润 | $43.8M | $150.1M |
| 毛利率 | 28.6% | 33.0% |
| 营业利润率 | 11.4% | — |
| 净利率 | 3.1% | 5.5% |
| 营收同比 | 2.6% | 2.0% |
| 净利润同比 | 700.0% | 25.0% |
| 每股收益（稀释后） | $0.30 | $0.80 |
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SEETAP
| Q1 26 | — | $2.7B | ||
| Q4 25 | $1.4B | $3.1B | ||
| Q3 25 | $1.3B | $3.5B | ||
| Q2 25 | $1.3B | $3.7B | ||
| Q1 25 | $1.3B | $2.7B | ||
| Q4 24 | $1.4B | $3.2B | ||
| Q3 24 | $1.3B | $3.6B | ||
| Q2 24 | $1.3B | $3.8B |
净利润SEETAP
| Q1 26 | — | $150.1M | ||
| Q4 25 | $43.8M | $238.3M | ||
| Q3 25 | $255.1M | $-2.9B | ||
| Q2 25 | $93.1M | $428.7M | ||
| Q1 25 | $113.5M | $121.0M | ||
| Q4 24 | $-7.3M | $287.8M | ||
| Q3 24 | $91.7M | $199.8M | ||
| Q2 24 | $98.3M | $427.0M |
毛利率SEETAP
| Q1 26 | — | 33.0% | ||
| Q4 25 | 28.6% | 31.0% | ||
| Q3 25 | 29.8% | 33.7% | ||
| Q2 25 | 30.7% | 34.3% | ||
| Q1 25 | 30.9% | 31.6% | ||
| Q4 24 | 30.0% | 32.0% | ||
| Q3 24 | 30.1% | 33.4% | ||
| Q2 24 | 31.2% | 34.6% |
营业利润率SEETAP
| Q1 26 | — | — | ||
| Q4 25 | 11.4% | 10.4% | ||
| Q3 25 | 13.8% | -98.5% | ||
| Q2 25 | 15.0% | 15.6% | ||
| Q1 25 | 14.5% | 6.9% | ||
| Q4 24 | 11.7% | 12.0% | ||
| Q3 24 | 13.9% | 12.5% | ||
| Q2 24 | 15.4% | 15.6% |
净利率SEETAP
| Q1 26 | — | 5.5% | ||
| Q4 25 | 3.1% | 7.6% | ||
| Q3 25 | 19.0% | -84.0% | ||
| Q2 25 | 7.0% | 11.5% | ||
| Q1 25 | 9.0% | 4.5% | ||
| Q4 24 | -0.5% | 8.9% | ||
| Q3 24 | 6.9% | 5.5% | ||
| Q2 24 | 7.4% | 11.1% |
每股收益（稀释后）SEETAP
| Q1 26 | — | $0.80 | ||
| Q4 25 | $0.30 | $1.32 | ||
| Q3 25 | $1.73 | $-14.79 | ||
| Q2 25 | $0.63 | $2.13 | ||
| Q1 25 | $0.77 | $0.59 | ||
| Q4 24 | $-0.05 | $1.39 | ||
| Q3 24 | $0.63 | $0.96 | ||
| Q2 24 | $0.67 | $2.03 |
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 | $344.0M | $382.6M |
| 总债务越低越好 | $3.3B | $3.8B |
| 股东权益账面价值 | $1.2B | $10.3B |
| 总资产 | $7.0B | $22.4B |
| 负债/权益比越低杠杆越低 | 2.65× | 0.38× |
8季度趋势，按日历期对齐
现金及短期投资SEETAP
| Q1 26 | — | $382.6M | ||
| Q4 25 | $344.0M | $896.5M | ||
| Q3 25 | $282.5M | $950.2M | ||
| Q2 25 | $354.4M | $613.8M | ||
| Q1 25 | $335.2M | $412.7M | ||
| Q4 24 | $371.8M | $969.3M | ||
| Q3 24 | $386.0M | $1.0B | ||
| Q2 24 | $388.6M | $1.6B |
总债务SEETAP
| Q1 26 | — | $3.8B | ||
| Q4 25 | $3.3B | $6.3B | ||
| Q3 25 | $4.0B | $6.3B | ||
| Q2 25 | $4.0B | $6.3B | ||
| Q1 25 | $4.2B | $6.2B | ||
| Q4 24 | $4.2B | $6.1B | ||
| Q3 24 | $4.3B | $6.2B | ||
| Q2 24 | $4.4B | $7.0B |
股东权益SEETAP
| Q1 26 | — | $10.3B | ||
| Q4 25 | $1.2B | $10.2B | ||
| Q3 25 | $1.2B | $10.3B | ||
| Q2 25 | $953.1M | $13.4B | ||
| Q1 25 | $797.9M | $13.1B | ||
| Q4 24 | $624.5M | $13.1B | ||
| Q3 24 | $771.2M | $13.3B | ||
| Q2 24 | $650.1M | $13.2B |
总资产SEETAP
| Q1 26 | — | $22.4B | ||
| Q4 25 | $7.0B | $22.7B | ||
| Q3 25 | $7.1B | $22.9B | ||
| Q2 25 | $7.2B | $26.8B | ||
| Q1 25 | $7.0B | $25.9B | ||
| Q4 24 | $7.0B | $26.1B | ||
| Q3 24 | $7.3B | $26.6B | ||
| Q2 24 | $7.3B | $27.4B |
负债/权益比SEETAP
| Q1 26 | — | 0.38× | ||
| Q4 25 | 2.65× | 0.61× | ||
| Q3 25 | 3.34× | 0.61× | ||
| Q2 25 | 4.18× | 0.47× | ||
| Q1 25 | 5.26× | 0.47× | ||
| Q4 24 | 6.72× | 0.47× | ||
| Q3 24 | 5.62× | 0.47× | ||
| Q2 24 | 6.81× | 0.53× |
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 | $293.6M | — |
| 自由现金流经营现金流 - 资本支出 | $257.7M | — |
| 自由现金流率自由现金流/营收 | 18.5% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | 6.70× | — |
| 过去12个月自由现金流最近4个季度 | $458.5M | — |
8季度趋势，按日历期对齐
经营现金流SEETAP
| Q1 26 | — | — | ||
| Q4 25 | $293.6M | $540.7M | ||
| Q3 25 | $165.9M | $616.1M | ||
| Q2 25 | $136.6M | $718.3M | ||
| Q1 25 | $31.9M | $-90.7M | ||
| Q4 24 | $244.2M | $494.5M | ||
| Q3 24 | $170.5M | $521.2M | ||
| Q2 24 | $188.2M | $869.2M |
自由现金流SEETAP
| Q1 26 | — | — | ||
| Q4 25 | $257.7M | $357.8M | ||
| Q3 25 | $119.6M | $483.0M | ||
| Q2 25 | $93.2M | $555.0M | ||
| Q1 25 | $-12.0M | $-328.0M | ||
| Q4 24 | $185.1M | $383.4M | ||
| Q3 24 | $115.2M | $350.4M | ||
| Q2 24 | $129.5M | $691.7M |
自由现金流率SEETAP
| Q1 26 | — | — | ||
| Q4 25 | 18.5% | 11.4% | ||
| Q3 25 | 8.9% | 13.9% | ||
| Q2 25 | 7.0% | 14.8% | ||
| Q1 25 | -0.9% | -12.2% | ||
| Q4 24 | 13.6% | 11.8% | ||
| Q3 24 | 8.6% | 9.7% | ||
| Q2 24 | 9.7% | 18.0% |
资本支出强度SEETAP
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 5.9% | ||
| Q3 25 | 3.4% | 3.8% | ||
| Q2 25 | 3.3% | 4.4% | ||
| Q1 25 | 3.5% | 8.8% | ||
| Q4 24 | 4.4% | 3.4% | ||
| Q3 24 | 4.1% | 4.7% | ||
| Q2 24 | 4.4% | 4.6% |
现金转化率SEETAP
| Q1 26 | — | — | ||
| Q4 25 | 6.70× | 2.27× | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | 1.47× | 1.68× | ||
| Q1 25 | 0.28× | -0.75× | ||
| Q4 24 | — | 1.72× | ||
| Q3 24 | 1.86× | 2.61× | ||
| Q2 24 | 1.91× | 2.04× |
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
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
TAP
暂无分部数据
