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壳牌（SHEL）与威瑞森（VZ）财务数据对比。点击上方公司名可切换其他公司
壳牌的季度营收约是威瑞森的1.9倍（$65.4B vs $34.4B），威瑞森净利率更高（14.9% vs 5.6%，领先9.4%），威瑞森同比增速更快（2.9% vs -12.2%），过去两年威瑞森的营收复合增速更高（2.5% vs -11.9%）
壳牌是总部位于英国伦敦的跨国油气企业，为国际石油巨头的核心成员。公司为公众有限公司，在伦敦证券交易所主上市，同时在阿姆斯特丹泛欧交易所、纽约证券交易所二次上市，按营收计是全球第二大投资者所有油气企业，也位列全球全行业规模最大的企业行列。
威瑞森通信是总部位于美国纽约的电信巨头，按营收规模为全球第二大电信企业，旗下移动网络是美国最大的无线通信运营商，截至2025年6月30日，在美订阅用户总数达1.461亿。
SHEL vs VZ — 直观对比
营收规模更大
SHEL
是对方的1.9倍
$34.4B
营收增速更快
VZ
高出15.0%
-12.2%
净利率更高
VZ
高出9.4%
5.6%
两年增速更快
VZ
近两年复合增速
-11.9%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $65.4B | $34.4B |
| 净利润 | $3.6B | $5.1B |
| 毛利率 | — | — |
| 营业利润率 | — | 23.9% |
| 净利率 | 5.6% | 14.9% |
| 营收同比 | -12.2% | 2.9% |
| 净利润同比 | -0.2% | 3.3% |
| 每股收益（稀释后） | — | — |
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SHELVZ
| Q1 26 | — | $34.4B | ||
| Q4 25 | — | $36.4B | ||
| Q3 25 | — | $33.8B | ||
| Q2 25 | $65.4B | $34.5B | ||
| Q1 25 | $69.2B | $33.5B | ||
| Q4 24 | — | $35.7B | ||
| Q3 24 | — | $33.3B | ||
| Q2 24 | $74.5B | $32.8B |
净利润SHELVZ
| Q1 26 | — | $5.1B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | $3.6B | $5.0B | ||
| Q1 25 | $4.9B | $4.9B | ||
| Q4 24 | — | $5.0B | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | $3.6B | $4.6B |
营业利润率SHELVZ
| Q1 26 | — | 23.9% | ||
| Q4 25 | — | 13.8% | ||
| Q3 25 | — | 24.0% | ||
| Q2 25 | — | 23.7% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 17.8% | ||
| Q2 24 | — | 23.8% |
净利率SHELVZ
| Q1 26 | — | 14.9% | ||
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | 14.6% | ||
| Q2 25 | 5.6% | 14.5% | ||
| Q1 25 | 7.0% | 14.6% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | 4.9% | 14.0% |
每股收益（稀释后）SHELVZ
| Q1 26 | — | — | ||
| Q4 25 | — | $0.56 | ||
| Q3 25 | — | $1.17 | ||
| Q2 25 | — | $1.18 | ||
| Q1 25 | — | $1.15 | ||
| Q4 24 | — | $1.18 | ||
| Q3 24 | — | $0.78 | ||
| Q2 24 | — | $1.09 |
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 | $32.7B | $8.4B |
| 总债务越低越好 | — | $144.2B |
| 股东权益账面价值 | $183.1B | $104.6B |
| 总资产 | $387.9B | $417.9B |
| 负债/权益比越低杠杆越低 | — | 1.38× |
8季度趋势，按日历期对齐
现金及短期投资SHELVZ
| Q1 26 | — | $8.4B | ||
| Q4 25 | — | $19.0B | ||
| Q3 25 | — | $7.7B | ||
| Q2 25 | $32.7B | $3.4B | ||
| Q1 25 | $35.6B | $2.3B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | $38.1B | $2.4B |
总债务SHELVZ
| Q1 26 | — | $144.2B | ||
| Q4 25 | — | $139.5B | ||
| Q3 25 | — | $126.6B | ||
| Q2 25 | — | $123.9B | ||
| Q1 25 | — | $121.0B | ||
| Q4 24 | — | $121.4B | ||
| Q3 24 | — | $128.9B | ||
| Q2 24 | — | $126.0B |
股东权益SHELVZ
| Q1 26 | — | $104.6B | ||
| Q4 25 | — | $105.7B | ||
| Q3 25 | — | $106.3B | ||
| Q2 25 | $183.1B | $104.4B | ||
| Q1 25 | — | $102.0B | ||
| Q4 24 | — | $100.6B | ||
| Q3 24 | — | $97.7B | ||
| Q2 24 | $187.2B | $97.5B |
总资产SHELVZ
| Q1 26 | — | $417.9B | ||
| Q4 25 | — | $404.3B | ||
| Q3 25 | — | $388.3B | ||
| Q2 25 | $387.9B | $383.3B | ||
| Q1 25 | — | $380.4B | ||
| Q4 24 | — | $384.7B | ||
| Q3 24 | — | $381.2B | ||
| Q2 24 | $394.8B | $379.1B |
负债/权益比SHELVZ
| Q1 26 | — | 1.38× | ||
| Q4 25 | — | 1.32× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.19× | ||
| Q1 25 | — | 1.19× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× |
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 | $11.9B | $8.0B |
| 自由现金流经营现金流 - 资本支出 | — | $3.8B |
| 自由现金流率自由现金流/营收 | — | 11.0% |
| 资本支出强度资本支出/营收 | — | 12.2% |
| 现金转化率经营现金流/净利润 | 3.28× | 1.55× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流SHELVZ
| Q1 26 | — | $8.0B | ||
| Q4 25 | — | $9.1B | ||
| Q3 25 | — | $11.3B | ||
| Q2 25 | $11.9B | $9.0B | ||
| Q1 25 | $9.3B | $7.8B | ||
| Q4 24 | — | $10.4B | ||
| Q3 24 | — | $9.9B | ||
| Q2 24 | $13.5B | $9.5B |
自由现金流SHELVZ
| Q1 26 | — | $3.8B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率SHELVZ
| Q1 26 | — | 11.0% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度SHELVZ
| Q1 26 | — | 12.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率SHELVZ
| Q1 26 | — | 1.55× | ||
| Q4 25 | — | 3.89× | ||
| Q3 25 | — | 2.28× | ||
| Q2 25 | 3.28× | 1.79× | ||
| Q1 25 | 1.90× | 1.59× | ||
| Q4 24 | — | 2.08× | ||
| Q3 24 | — | 3.00× | ||
| Q2 24 | 3.70× | 2.07× |
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
SHEL
暂无分部数据
VZ
| Service revenues and other | $28.8B | 84% |
| Wireless equipment revenues | $5.7B | 16% |
