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StoneX Group Inc.（SNEX）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
斑马技术的季度营收约是StoneX Group Inc.的1.2倍（$1.5B vs $1.2B），StoneX Group Inc.净利率更高（11.6% vs 4.7%，领先6.8%），StoneX Group Inc.同比增速更快（81.0% vs 10.6%），斑马技术自由现金流更多（$327.0M vs $-1.3B），过去两年StoneX Group Inc.的营收复合增速更高（53.5% vs 12.0%）
StoneX集团是美国知名金融服务企业，核心业务覆盖商业套期保值、全球支付、证券、实物大宗商品、外汇，以及清算与执行服务六大板块，可为全球各类客户提供专业合规的多元化金融服务。
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。
SNEX vs ZBRA — 直观对比
营收规模更大
ZBRA
是对方的1.2倍
$1.2B
营收增速更快
SNEX
高出70.5%
10.6%
净利率更高
SNEX
高出6.8%
4.7%
自由现金流更多
ZBRA
多$1.6B
$-1.3B
两年增速更快
SNEX
近两年复合增速
12.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.5B |
| 净利润 | $139.0M | $70.0M |
| 毛利率 | — | 47.3% |
| 营业利润率 | 15.4% | 9.4% |
| 净利率 | 11.6% | 4.7% |
| 营收同比 | 81.0% | 10.6% |
| 净利润同比 | 63.3% | -57.1% |
| 每股收益（稀释后） | $2.50 | $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SNEXZBRA
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $32.7B | $1.3B | ||
| Q2 25 | $851.2M | $1.3B | ||
| Q1 25 | $820.4M | $1.3B | ||
| Q4 24 | $663.1M | $1.3B | ||
| Q3 24 | $31.1B | $1.3B | ||
| Q2 24 | $571.8M | $1.2B | ||
| Q1 24 | $509.2M | $1.2B |
净利润SNEXZBRA
| Q4 25 | $139.0M | $70.0M | ||
| Q3 25 | $85.7M | $101.0M | ||
| Q2 25 | $63.4M | $112.0M | ||
| Q1 25 | $71.7M | $136.0M | ||
| Q4 24 | $85.1M | $163.0M | ||
| Q3 24 | $76.7M | $137.0M | ||
| Q2 24 | $61.9M | $113.0M | ||
| Q1 24 | $53.1M | $115.0M |
毛利率SNEXZBRA
| Q4 25 | — | 47.3% | ||
| Q3 25 | 3.7% | 48.0% | ||
| Q2 25 | — | 47.6% | ||
| Q1 25 | — | 49.3% | ||
| Q4 24 | — | 48.6% | ||
| Q3 24 | 3.0% | 48.8% | ||
| Q2 24 | — | 48.4% | ||
| Q1 24 | — | 47.9% |
营业利润率SNEXZBRA
| Q4 25 | 15.4% | 9.4% | ||
| Q3 25 | 0.3% | 13.9% | ||
| Q2 25 | -1.3% | 14.2% | ||
| Q1 25 | -1.0% | 14.9% | ||
| Q4 24 | -3.2% | 16.9% | ||
| Q3 24 | -0.0% | 15.2% | ||
| Q2 24 | -4.7% | 13.7% | ||
| Q1 24 | -2.5% | 13.5% |
净利率SNEXZBRA
| Q4 25 | 11.6% | 4.7% | ||
| Q3 25 | 0.3% | 7.7% | ||
| Q2 25 | 7.4% | 8.7% | ||
| Q1 25 | 8.7% | 10.4% | ||
| Q4 24 | 12.8% | 12.2% | ||
| Q3 24 | 0.2% | 10.9% | ||
| Q2 24 | 10.8% | 9.3% | ||
| Q1 24 | 10.4% | 9.8% |
每股收益（稀释后）SNEXZBRA
| Q4 25 | $2.50 | $1.40 | ||
| Q3 25 | $0.72 | $1.97 | ||
| Q2 25 | $1.22 | $2.19 | ||
| Q1 25 | $1.41 | $2.62 | ||
| Q4 24 | $1.69 | $3.14 | ||
| Q3 24 | $2.32 | $2.64 | ||
| Q2 24 | $1.25 | $2.17 | ||
| Q1 24 | $1.09 | $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 | $1.6B | $125.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $3.6B |
| 总资产 | $47.8B | $8.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资SNEXZBRA
| Q4 25 | $1.6B | $125.0M | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.3B | $872.0M | ||
| Q1 25 | $1.3B | $879.0M | ||
| Q4 24 | $1.4B | $901.0M | ||
| Q3 24 | $1.3B | $676.0M | ||
| Q2 24 | $1.2B | $411.0M | ||
| Q1 24 | $1.3B | $127.0M |
总债务SNEXZBRA
| Q4 25 | — | — | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.2B | ||
| Q1 24 | — | $2.1B |
股东权益SNEXZBRA
| Q4 25 | $2.5B | $3.6B | ||
| Q3 25 | $2.4B | $3.7B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $1.9B | $3.6B | ||
| Q4 24 | $1.8B | $3.6B | ||
| Q3 24 | $1.7B | $3.4B | ||
| Q2 24 | $1.6B | $3.3B | ||
| Q1 24 | $1.5B | $3.2B |
总资产SNEXZBRA
| Q4 25 | $47.8B | $8.5B | ||
| Q3 25 | $45.3B | $8.1B | ||
| Q2 25 | $34.3B | $7.9B | ||
| Q1 25 | $31.3B | $7.9B | ||
| Q4 24 | $29.6B | $8.0B | ||
| Q3 24 | $27.5B | $7.7B | ||
| Q2 24 | $25.9B | $7.5B | ||
| Q1 24 | $25.7B | $7.3B |
负债/权益比SNEXZBRA
| Q4 25 | — | — | ||
| Q3 25 | — | 0.58× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.66× | ||
| Q1 24 | — | 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 | $-1.3B | $357.0M |
| 自由现金流经营现金流 - 资本支出 | $-1.3B | $327.0M |
| 自由现金流率自由现金流/营收 | -106.4% | 22.2% |
| 资本支出强度资本支出/营收 | 1.3% | 2.0% |
| 现金转化率经营现金流/净利润 | -9.08× | 5.10× |
| 过去12个月自由现金流最近4个季度 | $3.5B | $831.0M |
8季度趋势，按日历期对齐
经营现金流SNEXZBRA
| Q4 25 | $-1.3B | $357.0M | ||
| Q3 25 | $3.5B | $235.0M | ||
| Q2 25 | $1.5B | $147.0M | ||
| Q1 25 | $-154.5M | $178.0M | ||
| Q4 24 | $-477.8M | $306.0M | ||
| Q3 24 | $192.6M | $294.0M | ||
| Q2 24 | $-622.1M | $288.0M | ||
| Q1 24 | $784.0M | $125.0M |
自由现金流SNEXZBRA
| Q4 25 | $-1.3B | $327.0M | ||
| Q3 25 | $3.5B | $216.0M | ||
| Q2 25 | $1.5B | $130.0M | ||
| Q1 25 | $-169.8M | $158.0M | ||
| Q4 24 | $-491.4M | $288.0M | ||
| Q3 24 | $175.9M | $277.0M | ||
| Q2 24 | $-640.5M | $278.0M | ||
| Q1 24 | $766.6M | $111.0M |
自由现金流率SNEXZBRA
| Q4 25 | -106.4% | 22.2% | ||
| Q3 25 | 10.7% | 16.4% | ||
| Q2 25 | 173.3% | 10.1% | ||
| Q1 25 | -20.7% | 12.1% | ||
| Q4 24 | -74.1% | 21.6% | ||
| Q3 24 | 0.6% | 22.1% | ||
| Q2 24 | -112.0% | 22.8% | ||
| Q1 24 | 150.5% | 9.4% |
资本支出强度SNEXZBRA
| Q4 25 | 1.3% | 2.0% | ||
| Q3 25 | 0.1% | 1.4% | ||
| Q2 25 | 1.9% | 1.3% | ||
| Q1 25 | 1.9% | 1.5% | ||
| Q4 24 | 2.1% | 1.3% | ||
| Q3 24 | 0.1% | 1.4% | ||
| Q2 24 | 3.2% | 0.8% | ||
| Q1 24 | 3.4% | 1.2% |
现金转化率SNEXZBRA
| Q4 25 | -9.08× | 5.10× | ||
| Q3 25 | 41.18× | 2.33× | ||
| Q2 25 | 23.52× | 1.31× | ||
| Q1 25 | -2.15× | 1.31× | ||
| Q4 24 | -5.61× | 1.88× | ||
| Q3 24 | 2.51× | 2.15× | ||
| Q2 24 | -10.05× | 2.55× | ||
| Q1 24 | 14.76× | 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
SNEX
暂无分部数据
ZBRA
| Tangible Products | $1.2B | 83% |
| Service And Software | $255.0M | 17% |
