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SOMNIGROUP INTERNATIONAL INC.（SGI）与斑马技术（ZBRA）财务数据对比。点击上方公司名可切换其他公司
SOMNIGROUP INTERNATIONAL INC.的季度营收约是斑马技术的1.3倍（$1.9B vs $1.5B），SOMNIGROUP INTERNATIONAL INC.净利率更高（7.5% vs 4.7%，领先2.8%），SOMNIGROUP INTERNATIONAL INC.同比增速更快（54.7% vs 10.6%），斑马技术自由现金流更多（$327.0M vs $41.1M），过去两年SOMNIGROUP INTERNATIONAL INC.的营收复合增速更高（25.3% vs 12.0%）
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。
斑马技术（Zebra Technologies）是源自美国的跨国科技企业，专注于智能数据采集系统领域的研发与落地。公司总部位于芝加哥郊外的伊利诺伊州林肯郡，目前在全球57个国家和地区开展业务，雇员总数达10700名。
SGI vs ZBRA — 直观对比
营收规模更大
SGI
是对方的1.3倍
$1.5B
营收增速更快
SGI
高出44.1%
10.6%
净利率更高
SGI
高出2.8%
4.7%
自由现金流更多
ZBRA
多$285.9M
$41.1M
两年增速更快
SGI
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.5B |
| 净利润 | $140.8M | $70.0M |
| 毛利率 | 44.0% | 47.3% |
| 营业利润率 | 13.2% | 9.4% |
| 净利率 | 7.5% | 4.7% |
| 营收同比 | 54.7% | 10.6% |
| 净利润同比 | 95.8% | -57.1% |
| 每股收益（稀释后） | $0.71 | $1.40 |
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SGIZBRA
| Q4 25 | $1.9B | $1.5B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.2B |
净利润SGIZBRA
| Q4 25 | $140.8M | $70.0M | ||
| Q3 25 | $177.4M | $101.0M | ||
| Q2 25 | $99.0M | $112.0M | ||
| Q1 25 | $-33.1M | $136.0M | ||
| Q4 24 | $71.9M | $163.0M | ||
| Q3 24 | $130.0M | $137.0M | ||
| Q2 24 | $106.1M | $113.0M | ||
| Q1 24 | $76.3M | $115.0M |
毛利率SGIZBRA
| Q4 25 | 44.0% | 47.3% | ||
| Q3 25 | 44.9% | 48.0% | ||
| Q2 25 | 44.0% | 47.6% | ||
| Q1 25 | 36.2% | 49.3% | ||
| Q4 24 | 43.3% | 48.6% | ||
| Q3 24 | 45.4% | 48.8% | ||
| Q2 24 | 44.9% | 48.4% | ||
| Q1 24 | 43.1% | 47.9% |
营业利润率SGIZBRA
| Q4 25 | 13.2% | 9.4% | ||
| Q3 25 | 14.8% | 13.9% | ||
| Q2 25 | 9.6% | 14.2% | ||
| Q1 25 | 0.8% | 14.9% | ||
| Q4 24 | 10.6% | 16.9% | ||
| Q3 24 | 15.5% | 15.2% | ||
| Q2 24 | 14.0% | 13.7% | ||
| Q1 24 | 11.1% | 13.5% |
净利率SGIZBRA
| Q4 25 | 7.5% | 4.7% | ||
| Q3 25 | 8.4% | 7.7% | ||
| Q2 25 | 5.3% | 8.7% | ||
| Q1 25 | -2.1% | 10.4% | ||
| Q4 24 | 6.0% | 12.2% | ||
| Q3 24 | 10.0% | 10.9% | ||
| Q2 24 | 8.6% | 9.3% | ||
| Q1 24 | 6.4% | 9.8% |
每股收益（稀释后）SGIZBRA
| Q4 25 | $0.71 | $1.40 | ||
| Q3 25 | $0.83 | $1.97 | ||
| Q2 25 | $0.47 | $2.19 | ||
| Q1 25 | $-0.17 | $2.62 | ||
| Q4 24 | $0.40 | $3.14 | ||
| Q3 24 | $0.73 | $2.64 | ||
| Q2 24 | $0.60 | $2.17 | ||
| Q1 24 | $0.43 | $2.23 |
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 | — | $125.0M |
| 总债务越低越好 | $4.6B | — |
| 股东权益账面价值 | $3.1B | $3.6B |
| 总资产 | $11.6B | $8.5B |
| 负债/权益比越低杠杆越低 | 1.47× | — |
8季度趋势，按日历期对齐
现金及短期投资SGIZBRA
| Q4 25 | — | $125.0M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $872.0M | ||
| Q1 25 | — | $879.0M | ||
| Q4 24 | — | $901.0M | ||
| Q3 24 | — | $676.0M | ||
| Q2 24 | — | $411.0M | ||
| Q1 24 | — | $127.0M |
总债务SGIZBRA
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | $2.2B | ||
| Q2 25 | $4.8B | $2.2B | ||
| Q1 25 | $4.9B | $2.2B | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $2.2B | $2.2B | ||
| Q2 24 | $2.4B | $2.2B | ||
| Q1 24 | $2.5B | $2.1B |
股东权益SGIZBRA
| Q4 25 | $3.1B | $3.6B | ||
| Q3 25 | $3.0B | $3.7B | ||
| Q2 25 | $2.8B | $3.6B | ||
| Q1 25 | $2.7B | $3.6B | ||
| Q4 24 | $559.0M | $3.6B | ||
| Q3 24 | $564.5M | $3.4B | ||
| Q2 24 | $411.8M | $3.3B | ||
| Q1 24 | $326.6M | $3.2B |
总资产SGIZBRA
| Q4 25 | $11.6B | $8.5B | ||
| Q3 25 | $11.4B | $8.1B | ||
| Q2 25 | $11.4B | $7.9B | ||
| Q1 25 | $11.3B | $7.9B | ||
| Q4 24 | $6.0B | $8.0B | ||
| Q3 24 | $4.6B | $7.7B | ||
| Q2 24 | $4.6B | $7.5B | ||
| Q1 24 | $4.6B | $7.3B |
负债/权益比SGIZBRA
| Q4 25 | 1.47× | — | ||
| Q3 25 | 1.51× | 0.58× | ||
| Q2 25 | 1.69× | 0.60× | ||
| Q1 25 | 1.79× | 0.60× | ||
| Q4 24 | 6.69× | — | ||
| Q3 24 | 3.95× | 0.64× | ||
| Q2 24 | 5.92× | 0.66× | ||
| Q1 24 | 7.74× | 0.66× |
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 | $357.0M |
| 自由现金流经营现金流 - 资本支出 | $41.1M | $327.0M |
| 自由现金流率自由现金流/营收 | 2.2% | 22.2% |
| 资本支出强度资本支出/营收 | 3.1% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.71× | 5.10× |
| 过去12个月自由现金流最近4个季度 | $633.2M | $831.0M |
8季度趋势，按日历期对齐
经营现金流SGIZBRA
| Q4 25 | $99.4M | $357.0M | ||
| Q3 25 | $408.2M | $235.0M | ||
| Q2 25 | $186.1M | $147.0M | ||
| Q1 25 | $106.4M | $178.0M | ||
| Q4 24 | $129.1M | $306.0M | ||
| Q3 24 | $256.6M | $294.0M | ||
| Q2 24 | $150.6M | $288.0M | ||
| Q1 24 | $130.2M | $125.0M |
自由现金流SGIZBRA
| Q4 25 | $41.1M | $327.0M | ||
| Q3 25 | $360.3M | $216.0M | ||
| Q2 25 | $149.4M | $130.0M | ||
| Q1 25 | $82.4M | $158.0M | ||
| Q4 24 | $108.2M | $288.0M | ||
| Q3 24 | $240.2M | $277.0M | ||
| Q2 24 | $122.1M | $278.0M | ||
| Q1 24 | $98.7M | $111.0M |
自由现金流率SGIZBRA
| Q4 25 | 2.2% | 22.2% | ||
| Q3 25 | 17.0% | 16.4% | ||
| Q2 25 | 7.9% | 10.1% | ||
| Q1 25 | 5.1% | 12.1% | ||
| Q4 24 | 9.0% | 21.6% | ||
| Q3 24 | 18.5% | 22.1% | ||
| Q2 24 | 9.9% | 22.8% | ||
| Q1 24 | 8.3% | 9.4% |
资本支出强度SGIZBRA
| Q4 25 | 3.1% | 2.0% | ||
| Q3 25 | 2.3% | 1.4% | ||
| Q2 25 | 2.0% | 1.3% | ||
| Q1 25 | 1.5% | 1.5% | ||
| Q4 24 | 1.7% | 1.3% | ||
| Q3 24 | 1.3% | 1.4% | ||
| Q2 24 | 2.3% | 0.8% | ||
| Q1 24 | 2.6% | 1.2% |
现金转化率SGIZBRA
| Q4 25 | 0.71× | 5.10× | ||
| Q3 25 | 2.30× | 2.33× | ||
| Q2 25 | 1.88× | 1.31× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | 1.80× | 1.88× | ||
| Q3 24 | 1.97× | 2.15× | ||
| Q2 24 | 1.42× | 2.55× | ||
| Q1 24 | 1.71× | 1.09× |
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% |
ZBRA
| Tangible Products | $1.2B | 83% |
| Service And Software | $255.0M | 17% |
