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Sylvamo Corp（SLVM）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
思佳讯的季度营收约是Sylvamo Corp的1.2倍（$1.0B vs $890.0M），思佳讯净利率更高（7.6% vs 3.7%，领先3.9%），思佳讯同比增速更快（8.6% vs -8.2%），思佳讯自由现金流更多（$339.0M vs $38.0M），过去两年思佳讯的营收复合增速更高（-0.5% vs -0.8%）
西尔瓦莫公司是全球领先的可持续纸浆与纸品生产商，核心产品包括非涂布印刷纸、包装纸及商用纸浆，业务覆盖北美、欧洲、拉美地区，服务办公耗材、出版、商业印刷、包装等多个领域。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
SLVM vs SWKS — 直观对比
营收规模更大
SWKS
是对方的1.2倍
$890.0M
营收增速更快
SWKS
高出16.9%
-8.2%
净利率更高
SWKS
高出3.9%
3.7%
自由现金流更多
SWKS
多$301.0M
$38.0M
两年增速更快
SWKS
近两年复合增速
-0.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $890.0M | $1.0B |
| 净利润 | $33.0M | $79.2M |
| 毛利率 | — | 41.3% |
| 营业利润率 | 8.9% | 10.0% |
| 净利率 | 3.7% | 7.6% |
| 营收同比 | -8.2% | 8.6% |
| 净利润同比 | -59.3% | 15.3% |
| 每股收益（稀释后） | $0.81 | $0.53 |
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SLVMSWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $890.0M | $1.1B | ||
| Q3 25 | $846.0M | — | ||
| Q2 25 | $794.0M | $965.0M | ||
| Q1 25 | $821.0M | $953.2M | ||
| Q4 24 | $970.0M | $1.1B | ||
| Q3 24 | $965.0M | $1.0B | ||
| Q2 24 | $933.0M | $905.5M |
净利润SLVMSWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $33.0M | $141.4M | ||
| Q3 25 | $57.0M | — | ||
| Q2 25 | $15.0M | $105.0M | ||
| Q1 25 | $27.0M | $68.7M | ||
| Q4 24 | $81.0M | $162.0M | ||
| Q3 24 | $95.0M | $60.5M | ||
| Q2 24 | $83.0M | $120.9M |
毛利率SLVMSWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 41.6% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 41.9% | ||
| Q2 24 | — | 40.2% |
营业利润率SLVMSWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | 8.9% | 10.1% | ||
| Q3 25 | 11.6% | — | ||
| Q2 25 | 3.8% | 11.5% | ||
| Q1 25 | 5.4% | 10.2% | ||
| Q4 24 | 11.2% | 16.9% | ||
| Q3 24 | 15.5% | 5.8% | ||
| Q2 24 | 13.1% | 14.4% |
净利率SLVMSWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | 3.7% | 12.9% | ||
| Q3 25 | 6.7% | — | ||
| Q2 25 | 1.9% | 10.9% | ||
| Q1 25 | 3.3% | 7.2% | ||
| Q4 24 | 8.4% | 15.2% | ||
| Q3 24 | 9.8% | 5.9% | ||
| Q2 24 | 8.9% | 13.4% |
每股收益（稀释后）SLVMSWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $0.81 | $0.95 | ||
| Q3 25 | $1.41 | — | ||
| Q2 25 | $0.37 | $0.70 | ||
| Q1 25 | $0.65 | $0.43 | ||
| Q4 24 | $1.91 | $1.00 | ||
| Q3 24 | $2.27 | $0.36 | ||
| Q2 24 | $1.98 | $0.75 |
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 | $198.0M | $1.6B |
| 总债务越低越好 | $763.0M | $496.6M |
| 股东权益账面价值 | $966.0M | $5.8B |
| 总资产 | $2.8B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.79× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资SLVMSWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $198.0M | $1.4B | ||
| Q3 25 | $146.0M | — | ||
| Q2 25 | $183.0M | $1.3B | ||
| Q1 25 | $220.0M | $1.5B | ||
| Q4 24 | $309.0M | $1.7B | ||
| Q3 24 | $414.0M | $1.6B | ||
| Q2 24 | $213.0M | $1.3B |
总债务SLVMSWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $763.0M | $496.4M | ||
| Q3 25 | $778.0M | — | ||
| Q2 25 | $767.0M | $496.2M | ||
| Q1 25 | $794.0M | $995.1M | ||
| Q4 24 | $782.0M | $994.7M | ||
| Q3 24 | $883.0M | $994.3M | ||
| Q2 24 | $894.0M | $994.0M |
股东权益SLVMSWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $966.0M | $5.8B | ||
| Q3 25 | $977.0M | — | ||
| Q2 25 | $959.0M | $5.7B | ||
| Q1 25 | $908.0M | $5.9B | ||
| Q4 24 | $847.0M | $6.4B | ||
| Q3 24 | $937.0M | $6.3B | ||
| Q2 24 | $830.0M | $6.3B |
总资产SLVMSWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $2.8B | $7.9B | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | $7.7B | ||
| Q1 25 | $2.6B | $7.9B | ||
| Q4 24 | $2.6B | $8.3B | ||
| Q3 24 | $2.9B | $8.3B | ||
| Q2 24 | $2.7B | $8.2B |
负债/权益比SLVMSWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 0.79× | 0.09× | ||
| Q3 25 | 0.80× | — | ||
| Q2 25 | 0.80× | 0.09× | ||
| Q1 25 | 0.87× | 0.17× | ||
| Q4 24 | 0.92× | 0.16× | ||
| Q3 24 | 0.94× | 0.16× | ||
| Q2 24 | 1.08× | 0.16× |
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 | $94.0M | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $38.0M | $339.0M |
| 自由现金流率自由现金流/营收 | 4.3% | 32.7% |
| 资本支出强度资本支出/营收 | 6.3% | 5.5% |
| 现金转化率经营现金流/净利润 | 2.85× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $44.0M | $1.1B |
8季度趋势，按日历期对齐
经营现金流SLVMSWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $94.0M | $200.0M | ||
| Q3 25 | $87.0M | — | ||
| Q2 25 | $64.0M | $314.2M | ||
| Q1 25 | $23.0M | $409.4M | ||
| Q4 24 | $164.0M | $377.2M | ||
| Q3 24 | $163.0M | $476.1M | ||
| Q2 24 | $115.0M | $273.4M |
自由现金流SLVMSWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $38.0M | $144.0M | ||
| Q3 25 | $33.0M | — | ||
| Q2 25 | $-2.0M | $252.7M | ||
| Q1 25 | $-25.0M | $370.9M | ||
| Q4 24 | $100.0M | $338.2M | ||
| Q3 24 | $119.0M | $393.3M | ||
| Q2 24 | $62.0M | $249.0M |
自由现金流率SLVMSWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 4.3% | 13.1% | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | -0.3% | 26.2% | ||
| Q1 25 | -3.0% | 38.9% | ||
| Q4 24 | 10.3% | 31.7% | ||
| Q3 24 | 12.3% | 38.4% | ||
| Q2 24 | 6.6% | 27.5% |
资本支出强度SLVMSWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 6.3% | 5.1% | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 8.3% | 6.4% | ||
| Q1 25 | 5.8% | 4.0% | ||
| Q4 24 | 6.6% | 3.6% | ||
| Q3 24 | 4.6% | 8.1% | ||
| Q2 24 | 5.7% | 2.7% |
现金转化率SLVMSWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 2.85× | 1.41× | ||
| Q3 25 | 1.53× | — | ||
| Q2 25 | 4.27× | 2.99× | ||
| Q1 25 | 0.85× | 5.96× | ||
| Q4 24 | 2.02× | 2.33× | ||
| Q3 24 | 1.72× | 7.87× | ||
| Q2 24 | 1.39× | 2.26× |
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
SLVM
暂无分部数据
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
