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宣伟（SHW）与美国合众银行（USB）财务数据对比。点击上方公司名可切换其他公司
美国合众银行的季度营收约是宣伟的1.3倍（$7.4B vs $5.7B），美国合众银行净利率更高（27.8% vs 9.4%，领先18.3%），宣伟同比增速更快（6.8% vs 5.1%），过去两年美国合众银行的营收复合增速更高（4.7% vs -4.9%）
宣伟是总部位于美国俄亥俄州克利夫兰的涂料企业，主要从事涂料、地坪覆盖材料及相关产品的生产、分销与销售业务，业务覆盖全球超过120个国家，截至2024年按营收计为全球规模最大的涂料企业。
美国合众银行是美国跨国银行机构，总部位于明尼苏达州明尼阿波利斯，在特拉华州注册成立。截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为系统重要性机构，旗下核心运营主体提供银行、投资、按揭等多元金融服务。
SHW vs USB — 直观对比
营收规模更大
USB
是对方的1.3倍
$5.7B
营收增速更快
SHW
高出1.7%
5.1%
净利率更高
USB
高出18.3%
9.4%
两年增速更快
USB
近两年复合增速
-4.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.7B | $7.4B |
| 净利润 | $534.7M | $2.0B |
| 毛利率 | 49.1% | — |
| 营业利润率 | — | 34.4% |
| 净利率 | 9.4% | 27.8% |
| 营收同比 | 6.8% | 5.1% |
| 净利润同比 | 6.1% | 23.0% |
| 每股收益（稀释后） | $2.15 | $1.26 |
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SHWUSB
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.6B | $7.4B | ||
| Q3 25 | $6.4B | $7.3B | ||
| Q2 25 | $6.3B | $7.0B | ||
| Q1 25 | $5.3B | $7.0B | ||
| Q4 24 | $5.3B | $7.0B | ||
| Q3 24 | $6.2B | $6.9B | ||
| Q2 24 | $6.3B | $6.9B |
净利润SHWUSB
| Q1 26 | $534.7M | — | ||
| Q4 25 | $476.8M | $2.0B | ||
| Q3 25 | $833.1M | $2.0B | ||
| Q2 25 | $754.7M | $1.8B | ||
| Q1 25 | $503.9M | $1.7B | ||
| Q4 24 | $480.1M | $1.7B | ||
| Q3 24 | $806.2M | $1.7B | ||
| Q2 24 | $889.9M | $1.6B |
毛利率SHWUSB
| Q1 26 | 49.1% | — | ||
| Q4 25 | 48.5% | — | ||
| Q3 25 | 49.2% | — | ||
| Q2 25 | 49.4% | — | ||
| Q1 25 | 48.2% | — | ||
| Q4 24 | 48.6% | — | ||
| Q3 24 | 49.1% | — | ||
| Q2 24 | 48.8% | — |
营业利润率SHWUSB
| Q1 26 | — | — | ||
| Q4 25 | 11.4% | 34.4% | ||
| Q3 25 | 16.7% | 34.5% | ||
| Q2 25 | 15.6% | 32.7% | ||
| Q1 25 | 12.3% | 31.0% | ||
| Q4 24 | 11.6% | 30.1% | ||
| Q3 24 | 21.4% | 30.2% | ||
| Q2 24 | 22.5% | 29.9% |
净利率SHWUSB
| Q1 26 | 9.4% | — | ||
| Q4 25 | 8.5% | 27.8% | ||
| Q3 25 | 13.1% | 27.3% | ||
| Q2 25 | 12.0% | 25.9% | ||
| Q1 25 | 9.5% | 24.6% | ||
| Q4 24 | 9.1% | 23.7% | ||
| Q3 24 | 13.1% | 25.0% | ||
| Q2 24 | 14.2% | 23.3% |
每股收益（稀释后）SHWUSB
| Q1 26 | $2.15 | — | ||
| Q4 25 | $1.91 | $1.26 | ||
| Q3 25 | $3.35 | $1.22 | ||
| Q2 25 | $3.00 | $1.11 | ||
| Q1 25 | $2.00 | $1.03 | ||
| Q4 24 | $1.90 | $1.01 | ||
| Q3 24 | $3.18 | $1.03 | ||
| Q2 24 | $3.50 | $0.97 |
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 | $216.9K | — |
| 总债务越低越好 | $11.7M | — |
| 股东权益账面价值 | $4.4M | $65.2B |
| 总资产 | $26.4M | $692.3B |
| 负债/权益比越低杠杆越低 | 2.64× | — |
8季度趋势，按日历期对齐
现金及短期投资SHWUSB
| Q1 26 | $216.9K | — | ||
| Q4 25 | $207.2M | — | ||
| Q3 25 | $241.5M | — | ||
| Q2 25 | $269.8M | — | ||
| Q1 25 | $199.8M | — | ||
| Q4 24 | $210.4M | — | ||
| Q3 24 | $238.2M | — | ||
| Q2 24 | $200.0M | — |
总债务SHWUSB
| Q1 26 | $11.7M | — | ||
| Q4 25 | $9.7B | — | ||
| Q3 25 | $9.7B | — | ||
| Q2 25 | $9.0B | — | ||
| Q1 25 | $9.0B | — | ||
| Q4 24 | $9.2B | — | ||
| Q3 24 | $9.2B | — | ||
| Q2 24 | $9.0B | — |
股东权益SHWUSB
| Q1 26 | $4.4M | — | ||
| Q4 25 | $4.6B | $65.2B | ||
| Q3 25 | $4.4B | $63.3B | ||
| Q2 25 | $4.4B | $61.4B | ||
| Q1 25 | $4.1B | $60.1B | ||
| Q4 24 | $4.1B | $58.6B | ||
| Q3 24 | $4.2B | $58.9B | ||
| Q2 24 | $3.8B | $56.4B |
总资产SHWUSB
| Q1 26 | $26.4M | — | ||
| Q4 25 | $25.9B | $692.3B | ||
| Q3 25 | $26.2B | $695.4B | ||
| Q2 25 | $25.4B | $686.4B | ||
| Q1 25 | $24.6B | $676.5B | ||
| Q4 24 | $23.6B | $678.3B | ||
| Q3 24 | $24.0B | $686.5B | ||
| Q2 24 | $23.7B | $680.1B |
负债/权益比SHWUSB
| Q1 26 | 2.64× | — | ||
| Q4 25 | 2.10× | — | ||
| Q3 25 | 2.18× | — | ||
| Q2 25 | 2.04× | — | ||
| Q1 25 | 2.17× | — | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | 2.22× | — | ||
| Q2 24 | 2.39× | — |
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 | — | $2.8B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 2.4% | — |
| 现金转化率经营现金流/净利润 | — | 1.39× |
| 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SHWUSB
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $2.8B | ||
| Q3 25 | $1.3B | $3.4B | ||
| Q2 25 | $1.1B | $2.0B | ||
| Q1 25 | $-61.1M | $-285.0M | ||
| Q4 24 | $934.5M | $4.8B | ||
| Q3 24 | $1.1B | $972.0M | ||
| Q2 24 | $1.2B | $2.9B |
自由现金流SHWUSB
| Q1 26 | — | — | ||
| Q4 25 | $862.1M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $931.1M | — | ||
| Q1 25 | $-250.4M | — | ||
| Q4 24 | $634.5M | — | ||
| Q3 24 | $839.4M | — | ||
| Q2 24 | $952.0M | — |
自由现金流率SHWUSB
| Q1 26 | — | — | ||
| Q4 25 | 15.4% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 14.7% | — | ||
| Q1 25 | -4.7% | — | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 13.6% | — | ||
| Q2 24 | 15.2% | — |
资本支出强度SHWUSB
| Q1 26 | 2.4% | — | ||
| Q4 25 | 4.1% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 3.6% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 4.0% | — |
现金转化率SHWUSB
| Q1 26 | — | — | ||
| Q4 25 | 2.29× | 1.39× | ||
| Q3 25 | 1.57× | 1.69× | ||
| Q2 25 | 1.47× | 1.12× | ||
| Q1 25 | -0.12× | -0.17× | ||
| Q4 24 | 1.95× | 2.87× | ||
| Q3 24 | 1.33× | 0.57× | ||
| Q2 24 | 1.35× | 1.79× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
