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SOMNIGROUP INTERNATIONAL INC.（SGI）与西湖化学（WLK）财务数据对比。点击上方公司名可切换其他公司
西湖化学的季度营收约是SOMNIGROUP INTERNATIONAL INC.的1.4倍（$2.5B vs $1.9B），SOMNIGROUP INTERNATIONAL INC.净利率更高（7.5% vs -21.5%，领先29.0%），SOMNIGROUP INTERNATIONAL INC.同比增速更快（54.7% vs -10.9%），SOMNIGROUP INTERNATIONAL INC.自由现金流更多（$41.1M vs $-16.0M），过去两年SOMNIGROUP INTERNATIONAL INC.的营收复合增速更高（25.3% vs -7.7%）
SOMNIGROUP INTERNATIONAL INC.是一家美国知名寝具制造企业，主营床垫及各类床上用品的研发、设计、生产与销售，旗下产品兼顾舒适体验与实用性能，供应美国本土及多个海外市场，在民用寝具领域拥有稳定的市场认可度。
西湖化学是国际知名的石化产品、聚合物及装配式建筑产品生产商与供应商，产品广泛应用于各类消费及工业市场。公司1986年由赵廷箴创立，是美国最大的低密度聚乙烯生产商，位列福布斯全球2000强，业务分为烯烃和乙烯基两大板块，具备乙烯基产品下游一体化生产能力。
SGI vs WLK — 直观对比
营收规模更大
WLK
是对方的1.4倍
$1.9B
营收增速更快
SGI
高出65.6%
-10.9%
净利率更高
SGI
高出29.0%
-21.5%
自由现金流更多
SGI
多$57.1M
$-16.0M
两年增速更快
SGI
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.5B |
| 净利润 | $140.8M | $-544.0M |
| 毛利率 | 44.0% | 3.4% |
| 营业利润率 | 13.2% | -26.5% |
| 净利率 | 7.5% | -21.5% |
| 营收同比 | 54.7% | -10.9% |
| 净利润同比 | 95.8% | -7871.4% |
| 每股收益（稀释后） | $0.71 | $-4.22 |
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SGIWLK
| Q4 25 | $1.9B | $2.5B | ||
| Q3 25 | $2.1B | $2.8B | ||
| Q2 25 | $1.9B | $3.0B | ||
| Q1 25 | $1.6B | $2.8B | ||
| Q4 24 | $1.2B | $2.8B | ||
| Q3 24 | $1.3B | $3.1B | ||
| Q2 24 | $1.2B | $3.2B | ||
| Q1 24 | $1.2B | $3.0B |
净利润SGIWLK
| Q4 25 | $140.8M | $-544.0M | ||
| Q3 25 | $177.4M | $-782.0M | ||
| Q2 25 | $99.0M | $-142.0M | ||
| Q1 25 | $-33.1M | $-40.0M | ||
| Q4 24 | $71.9M | $7.0M | ||
| Q3 24 | $130.0M | $108.0M | ||
| Q2 24 | $106.1M | $313.0M | ||
| Q1 24 | $76.3M | $174.0M |
毛利率SGIWLK
| Q4 25 | 44.0% | 3.4% | ||
| Q3 25 | 44.9% | 8.3% | ||
| Q2 25 | 44.0% | 8.7% | ||
| Q1 25 | 36.2% | 8.2% | ||
| Q4 24 | 43.3% | 11.5% | ||
| Q3 24 | 45.4% | 16.0% | ||
| Q2 24 | 44.9% | 20.7% | ||
| Q1 24 | 43.1% | 15.7% |
营业利润率SGIWLK
| Q4 25 | 13.2% | -26.5% | ||
| Q3 25 | 14.8% | -27.0% | ||
| Q2 25 | 9.6% | -3.7% | ||
| Q1 25 | 0.8% | -1.1% | ||
| Q4 24 | 10.6% | 2.3% | ||
| Q3 24 | 15.5% | 5.8% | ||
| Q2 24 | 14.0% | 12.7% | ||
| Q1 24 | 11.1% | 7.5% |
净利率SGIWLK
| Q4 25 | 7.5% | -21.5% | ||
| Q3 25 | 8.4% | -27.6% | ||
| Q2 25 | 5.3% | -4.8% | ||
| Q1 25 | -2.1% | -1.4% | ||
| Q4 24 | 6.0% | 0.2% | ||
| Q3 24 | 10.0% | 3.5% | ||
| Q2 24 | 8.6% | 9.8% | ||
| Q1 24 | 6.4% | 5.8% |
每股收益（稀释后）SGIWLK
| Q4 25 | $0.71 | $-4.22 | ||
| Q3 25 | $0.83 | $-6.06 | ||
| Q2 25 | $0.47 | $-1.11 | ||
| Q1 25 | $-0.17 | $-0.31 | ||
| Q4 24 | $0.40 | $0.07 | ||
| Q3 24 | $0.73 | $0.83 | ||
| Q2 24 | $0.60 | $2.40 | ||
| Q1 24 | $0.43 | $1.34 |
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 | — | $2.7B |
| 总债务越低越好 | $4.6B | $5.6B |
| 股东权益账面价值 | $3.1B | $8.8B |
| 总资产 | $11.6B | $20.0B |
| 负债/权益比越低杠杆越低 | 1.47× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资SGIWLK
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $3.1B |
总债务SGIWLK
| Q4 25 | $4.6B | $5.6B | ||
| Q3 25 | $4.5B | $4.7B | ||
| Q2 25 | $4.8B | $4.7B | ||
| Q1 25 | $4.9B | $4.6B | ||
| Q4 24 | $3.7B | $4.6B | ||
| Q3 24 | $2.2B | $4.6B | ||
| Q2 24 | $2.4B | $4.9B | ||
| Q1 24 | $2.5B | $4.9B |
股东权益SGIWLK
| Q4 25 | $3.1B | $8.8B | ||
| Q3 25 | $3.0B | $9.4B | ||
| Q2 25 | $2.8B | $10.3B | ||
| Q1 25 | $2.7B | $10.4B | ||
| Q4 24 | $559.0M | $10.5B | ||
| Q3 24 | $564.5M | $10.7B | ||
| Q2 24 | $411.8M | $10.6B | ||
| Q1 24 | $326.6M | $10.3B |
总资产SGIWLK
| Q4 25 | $11.6B | $20.0B | ||
| Q3 25 | $11.4B | $19.8B | ||
| Q2 25 | $11.4B | $20.8B | ||
| Q1 25 | $11.3B | $20.7B | ||
| Q4 24 | $6.0B | $20.8B | ||
| Q3 24 | $4.6B | $21.1B | ||
| Q2 24 | $4.6B | $21.1B | ||
| Q1 24 | $4.6B | $21.0B |
负债/权益比SGIWLK
| Q4 25 | 1.47× | 0.64× | ||
| Q3 25 | 1.51× | 0.49× | ||
| Q2 25 | 1.69× | 0.45× | ||
| Q1 25 | 1.79× | 0.44× | ||
| Q4 24 | 6.69× | 0.43× | ||
| Q3 24 | 3.95× | 0.43× | ||
| Q2 24 | 5.92× | 0.46× | ||
| Q1 24 | 7.74× | 0.47× |
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 | $99.4M | $225.0M |
| 自由现金流经营现金流 - 资本支出 | $41.1M | $-16.0M |
| 自由现金流率自由现金流/营收 | 2.2% | -0.6% |
| 资本支出强度资本支出/营收 | 3.1% | 9.5% |
| 现金转化率经营现金流/净利润 | 0.71× | — |
| 过去12个月自由现金流最近4个季度 | $633.2M | $-530.0M |
8季度趋势，按日历期对齐
经营现金流SGIWLK
| Q4 25 | $99.4M | $225.0M | ||
| Q3 25 | $408.2M | $182.0M | ||
| Q2 25 | $186.1M | $135.0M | ||
| Q1 25 | $106.4M | $-77.0M | ||
| Q4 24 | $129.1M | $434.0M | ||
| Q3 24 | $256.6M | $474.0M | ||
| Q2 24 | $150.6M | $237.0M | ||
| Q1 24 | $130.2M | $169.0M |
自由现金流SGIWLK
| Q4 25 | $41.1M | $-16.0M | ||
| Q3 25 | $360.3M | $-57.0M | ||
| Q2 25 | $149.4M | $-132.0M | ||
| Q1 25 | $82.4M | $-325.0M | ||
| Q4 24 | $108.2M | $149.0M | ||
| Q3 24 | $240.2M | $254.0M | ||
| Q2 24 | $122.1M | $6.0M | ||
| Q1 24 | $98.7M | $-103.0M |
自由现金流率SGIWLK
| Q4 25 | 2.2% | -0.6% | ||
| Q3 25 | 17.0% | -2.0% | ||
| Q2 25 | 7.9% | -4.5% | ||
| Q1 25 | 5.1% | -11.4% | ||
| Q4 24 | 9.0% | 5.2% | ||
| Q3 24 | 18.5% | 8.1% | ||
| Q2 24 | 9.9% | 0.2% | ||
| Q1 24 | 8.3% | -3.5% |
资本支出强度SGIWLK
| Q4 25 | 3.1% | 9.5% | ||
| Q3 25 | 2.3% | 8.4% | ||
| Q2 25 | 2.0% | 9.0% | ||
| Q1 25 | 1.5% | 8.7% | ||
| Q4 24 | 1.7% | 10.0% | ||
| Q3 24 | 1.3% | 7.1% | ||
| Q2 24 | 2.3% | 7.2% | ||
| Q1 24 | 2.6% | 9.1% |
现金转化率SGIWLK
| Q4 25 | 0.71× | — | ||
| Q3 25 | 2.30× | — | ||
| Q2 25 | 1.88× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.80× | 62.00× | ||
| Q3 24 | 1.97× | 4.39× | ||
| Q2 24 | 1.42× | 0.76× | ||
| Q1 24 | 1.71× | 0.97× |
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
SGI
| Mattress Firm Segment | $892.1M | 48% |
| Tempur Sealy North America Segment | $620.5M | 33% |
| Tempur Sealy International Segment | $355.8M | 19% |
WLK
| Performance Materials | $930.0M | 37% |
| Housing Products | $767.0M | 30% |
| Essential Materials | $702.0M | 28% |
| Infrastructure Products | $134.0M | 5% |
