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宣伟（SHW）与Wabtec（WAB）财务数据对比。点击上方公司名可切换其他公司
宣伟的季度营收约是Wabtec的1.9倍（$5.7B vs $3.0B），Wabtec净利率更高（12.3% vs 9.4%，领先2.9%），Wabtec同比增速更快（13.0% vs 6.8%），过去两年Wabtec的营收复合增速更高（5.6% 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。
西屋空气制动技术公司（通称Wabtec）是美国知名轨道交通设备企业，1999年由西屋空气制动公司（WABCO）与动力设备厂商MotivePower合并组建，总部设于宾夕法尼亚州匹兹堡，在全球轨交制动系统、牵引动力设备等领域拥有领先的技术实力与市场份额。
SHW vs WAB — 直观对比
营收规模更大
SHW
是对方的1.9倍
$3.0B
营收增速更快
WAB
高出6.2%
6.8%
净利率更高
WAB
高出2.9%
9.4%
两年增速更快
WAB
近两年复合增速
-4.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.7B | $3.0B |
| 净利润 | $534.7M | $363.0M |
| 毛利率 | 49.1% | 36.0% |
| 营业利润率 | — | 17.5% |
| 净利率 | 9.4% | 12.3% |
| 营收同比 | 6.8% | 13.0% |
| 净利润同比 | 6.1% | 11.0% |
| 每股收益（稀释后） | $2.15 | $2.12 |
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SHWWAB
| Q1 26 | $5.7B | $3.0B | ||
| Q4 25 | $5.6B | $3.0B | ||
| Q3 25 | $6.4B | $2.9B | ||
| Q2 25 | $6.3B | $2.7B | ||
| Q1 25 | $5.3B | $2.6B | ||
| Q4 24 | $5.3B | $2.6B | ||
| Q3 24 | $6.2B | $2.7B | ||
| Q2 24 | $6.3B | $2.6B |
净利润SHWWAB
| Q1 26 | $534.7M | $363.0M | ||
| Q4 25 | $476.8M | $202.0M | ||
| Q3 25 | $833.1M | $310.0M | ||
| Q2 25 | $754.7M | $336.0M | ||
| Q1 25 | $503.9M | $322.0M | ||
| Q4 24 | $480.1M | $212.0M | ||
| Q3 24 | $806.2M | $283.0M | ||
| Q2 24 | $889.9M | $289.0M |
毛利率SHWWAB
| Q1 26 | 49.1% | 36.0% | ||
| Q4 25 | 48.5% | 32.6% | ||
| Q3 25 | 49.2% | 34.7% | ||
| Q2 25 | 49.4% | 34.7% | ||
| Q1 25 | 48.2% | 34.5% | ||
| Q4 24 | 48.6% | 30.9% | ||
| Q3 24 | 49.1% | 33.0% | ||
| Q2 24 | 48.8% | 33.1% |
营业利润率SHWWAB
| Q1 26 | — | 17.5% | ||
| Q4 25 | 11.4% | 12.0% | ||
| Q3 25 | 16.7% | 17.0% | ||
| Q2 25 | 15.6% | 17.4% | ||
| Q1 25 | 12.3% | 18.2% | ||
| Q4 24 | 11.6% | 12.9% | ||
| Q3 24 | 21.4% | 16.3% | ||
| Q2 24 | 22.5% | 16.3% |
净利率SHWWAB
| Q1 26 | 9.4% | 12.3% | ||
| Q4 25 | 8.5% | 6.8% | ||
| Q3 25 | 13.1% | 10.7% | ||
| Q2 25 | 12.0% | 12.4% | ||
| Q1 25 | 9.5% | 12.3% | ||
| Q4 24 | 9.1% | 8.2% | ||
| Q3 24 | 13.1% | 10.6% | ||
| Q2 24 | 14.2% | 10.9% |
每股收益（稀释后）SHWWAB
| Q1 26 | $2.15 | $2.12 | ||
| Q4 25 | $1.91 | $1.18 | ||
| Q3 25 | $3.35 | $1.81 | ||
| Q2 25 | $3.00 | $1.96 | ||
| Q1 25 | $2.00 | $1.88 | ||
| Q4 24 | $1.90 | $1.24 | ||
| Q3 24 | $3.18 | $1.63 | ||
| Q2 24 | $3.50 | $1.64 |
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 | $4.7B |
| 股东权益账面价值 | $4.4M | $11.1B |
| 总资产 | $26.4M | $23.2B |
| 负债/权益比越低杠杆越低 | 2.64× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资SHWWAB
| 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SHWWAB
| Q1 26 | $11.7M | $4.7B | ||
| Q4 25 | $9.7B | $5.5B | ||
| Q3 25 | $9.7B | $5.3B | ||
| Q2 25 | $9.0B | $4.8B | ||
| Q1 25 | $9.0B | $4.0B | ||
| Q4 24 | $9.2B | $4.0B | ||
| Q3 24 | $9.2B | $4.0B | ||
| Q2 24 | $9.0B | $4.0B |
股东权益SHWWAB
| Q1 26 | $4.4M | $11.1B | ||
| Q4 25 | $4.6B | $11.1B | ||
| Q3 25 | $4.4B | $11.0B | ||
| Q2 25 | $4.4B | $10.8B | ||
| Q1 25 | $4.1B | $10.4B | ||
| Q4 24 | $4.1B | $10.1B | ||
| Q3 24 | $4.2B | $10.3B | ||
| Q2 24 | $3.8B | $10.5B |
总资产SHWWAB
| Q1 26 | $26.4M | $23.2B | ||
| Q4 25 | $25.9B | $22.1B | ||
| Q3 25 | $26.2B | $21.5B | ||
| Q2 25 | $25.4B | $20.4B | ||
| Q1 25 | $24.6B | $19.1B | ||
| Q4 24 | $23.6B | $18.7B | ||
| Q3 24 | $24.0B | $18.6B | ||
| Q2 24 | $23.7B | $18.9B |
负债/权益比SHWWAB
| Q1 26 | 2.64× | 0.42× | ||
| Q4 25 | 2.10× | 0.50× | ||
| Q3 25 | 2.18× | 0.48× | ||
| Q2 25 | 2.04× | 0.44× | ||
| Q1 25 | 2.17× | 0.39× | ||
| Q4 24 | 2.28× | 0.39× | ||
| Q3 24 | 2.22× | 0.39× | ||
| Q2 24 | 2.39× | 0.38× |
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 | — | $199.0M |
| 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 | — | 0.55× |
| 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SHWWAB
| Q1 26 | — | $199.0M | ||
| Q4 25 | $1.1B | $992.0M | ||
| Q3 25 | $1.3B | $367.0M | ||
| Q2 25 | $1.1B | $209.0M | ||
| Q1 25 | $-61.1M | $191.0M | ||
| Q4 24 | $934.5M | $723.0M | ||
| Q3 24 | $1.1B | $542.0M | ||
| Q2 24 | $1.2B | $235.0M |
自由现金流SHWWAB
| Q1 26 | — | — | ||
| Q4 25 | $862.1M | $870.0M | ||
| Q3 25 | $1.1B | $312.0M | ||
| Q2 25 | $931.1M | $170.0M | ||
| Q1 25 | $-250.4M | $147.0M | ||
| Q4 24 | $634.5M | $639.0M | ||
| Q3 24 | $839.4M | $496.0M | ||
| Q2 24 | $952.0M | $189.0M |
自由现金流率SHWWAB
| Q1 26 | — | — | ||
| Q4 25 | 15.4% | 29.3% | ||
| Q3 25 | 17.5% | 10.8% | ||
| Q2 25 | 14.7% | 6.3% | ||
| Q1 25 | -4.7% | 5.6% | ||
| Q4 24 | 12.0% | 24.7% | ||
| Q3 24 | 13.6% | 18.6% | ||
| Q2 24 | 15.2% | 7.1% |
资本支出强度SHWWAB
| Q1 26 | 2.4% | — | ||
| Q4 25 | 4.1% | 4.1% | ||
| Q3 25 | 3.1% | 1.9% | ||
| Q2 25 | 2.9% | 1.4% | ||
| Q1 25 | 3.6% | 1.7% | ||
| Q4 24 | 5.7% | 3.3% | ||
| Q3 24 | 3.8% | 1.7% | ||
| Q2 24 | 4.0% | 1.7% |
现金转化率SHWWAB
| Q1 26 | — | 0.55× | ||
| Q4 25 | 2.29× | 4.91× | ||
| Q3 25 | 1.57× | 1.18× | ||
| Q2 25 | 1.47× | 0.62× | ||
| Q1 25 | -0.12× | 0.59× | ||
| Q4 24 | 1.95× | 3.41× | ||
| Q3 24 | 1.33× | 1.92× | ||
| Q2 24 | 1.35× | 0.81× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
