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SONOCO PRODUCTS CO（SON）与永利度假村（WYNN）财务数据对比。点击上方公司名可切换其他公司
永利度假村的季度营收约是SONOCO PRODUCTS CO的1.1倍（$1.9B vs $1.7B），永利度假村净利率更高（5.4% vs 4.1%，领先1.3%），永利度假村同比增速更快（1.5% vs -1.9%），永利度假村自由现金流更多（$306.8M vs $-428.3B），过去两年SONOCO PRODUCTS CO的营收复合增速更高（1.2% vs 0.1%）
索诺科产品公司是美国多元化包装服务商，主营消费包装、工业产品、防护包装及包装供应链服务，是全球最大的复合罐、纸管和纸芯生产商。公司成立于1889年，年净销售额约73亿美元，在33个国家设有超335个运营点，员工1.99万名，业务覆盖超85个国家，总部位于南卡罗来纳州哈茨维尔。
永利度假村是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店及博彩度假村的开发与运营。公司2002年由前梦幻度假村董事长兼首席执行官史蒂夫·永利创立，现任首席执行官为克雷格·比林斯，截至2020年已在全球布局6处优质物业。
SON vs WYNN — 直观对比
营收规模更大
WYNN
是对方的1.1倍
$1.7B
营收增速更快
WYNN
高出3.4%
-1.9%
净利率更高
WYNN
高出1.3%
4.1%
自由现金流更多
WYNN
多$428.6B
$-428.3B
两年增速更快
SON
近两年复合增速
0.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.9B |
| 净利润 | $68.0M | $100.0M |
| 毛利率 | 20.6% | — |
| 营业利润率 | 7.6% | 14.7% |
| 净利率 | 4.1% | 5.4% |
| 营收同比 | -1.9% | 1.5% |
| 净利润同比 | 25.9% | -63.9% |
| 每股收益（稀释后） | $0.68 | $0.96 |
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SONWYNN
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $2.1B | $1.8B | ||
| Q2 25 | $1.9B | $1.7B | ||
| Q1 25 | $1.7B | $1.7B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $1.7B | $1.7B | ||
| Q2 24 | $1.6B | $1.7B |
净利润SONWYNN
| Q1 26 | $68.0M | — | ||
| Q4 25 | $332.2M | $100.0M | ||
| Q3 25 | $122.9M | $88.3M | ||
| Q2 25 | $493.4M | $66.2M | ||
| Q1 25 | $54.4M | $72.7M | ||
| Q4 24 | — | $277.0M | ||
| Q3 24 | $50.9M | $-32.1M | ||
| Q2 24 | $90.8M | $111.9M |
毛利率SONWYNN
| Q1 26 | 20.6% | — | ||
| Q4 25 | 19.6% | — | ||
| Q3 25 | 21.9% | — | ||
| Q2 25 | 21.3% | — | ||
| Q1 25 | 20.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 21.4% | — | ||
| Q2 24 | 22.0% | — |
营业利润率SONWYNN
| Q1 26 | 7.6% | — | ||
| Q4 25 | 29.4% | 14.7% | ||
| Q3 25 | 9.1% | 16.9% | ||
| Q2 25 | 9.2% | 15.2% | ||
| Q1 25 | 7.4% | 15.8% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | 7.6% | 7.9% | ||
| Q2 24 | 8.6% | 15.6% |
净利率SONWYNN
| Q1 26 | 4.1% | — | ||
| Q4 25 | 18.8% | 5.4% | ||
| Q3 25 | 5.8% | 4.8% | ||
| Q2 25 | 25.8% | 3.8% | ||
| Q1 25 | 3.2% | 4.3% | ||
| Q4 24 | — | 15.1% | ||
| Q3 24 | 3.0% | -1.9% | ||
| Q2 24 | 5.6% | 6.5% |
每股收益（稀释后）SONWYNN
| Q1 26 | $0.68 | — | ||
| Q4 25 | $3.33 | $0.96 | ||
| Q3 25 | $1.23 | $0.85 | ||
| Q2 25 | $4.96 | $0.64 | ||
| Q1 25 | $0.55 | $0.69 | ||
| Q4 24 | — | $2.43 | ||
| Q3 24 | $0.51 | $-0.29 | ||
| Q2 24 | $0.92 | $0.91 |
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 | $224.5M | $1.5B |
| 总债务越低越好 | $3.5B | $10.5B |
| 股东权益账面价值 | $3.6B | $-275.5M |
| 总资产 | $11.1B | $13.1B |
| 负债/权益比越低杠杆越低 | 0.97× | — |
8季度趋势，按日历期对齐
现金及短期投资SONWYNN
| Q1 26 | $224.5M | — | ||
| Q4 25 | $378.4M | $1.5B | ||
| Q3 25 | $244.9M | $1.5B | ||
| Q2 25 | $329.8M | $2.0B | ||
| Q1 25 | $181.8M | $2.1B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $1.9B | $2.4B | ||
| Q2 24 | $140.2M | $2.4B |
总债务SONWYNN
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.8B | $10.5B | ||
| Q3 25 | $3.8B | $10.6B | ||
| Q2 25 | $5.0B | $10.5B | ||
| Q1 25 | $5.0B | $10.6B | ||
| Q4 24 | — | $10.5B | ||
| Q3 24 | $4.3B | $11.8B | ||
| Q2 24 | $2.5B | $11.0B |
股东权益SONWYNN
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $-275.5M | ||
| Q3 25 | $3.3B | $-370.0M | ||
| Q2 25 | $3.2B | $-441.5M | ||
| Q1 25 | $2.4B | $-360.7M | ||
| Q4 24 | — | $-224.2M | ||
| Q3 24 | $2.5B | $-281.4M | ||
| Q2 24 | $2.4B | $-109.8M |
总资产SONWYNN
| Q1 26 | $11.1B | — | ||
| Q4 25 | $11.2B | $13.1B | ||
| Q3 25 | $11.7B | $12.8B | ||
| Q2 25 | $12.0B | $12.7B | ||
| Q1 25 | $12.7B | $12.7B | ||
| Q4 24 | — | $13.0B | ||
| Q3 24 | $9.0B | $14.1B | ||
| Q2 24 | $7.2B | $13.3B |
负债/权益比SONWYNN
| Q1 26 | 0.97× | — | ||
| Q4 25 | 1.05× | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 1.54× | — | ||
| Q1 25 | 2.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 1.04× | — |
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 | — | $478.0M |
| 自由现金流经营现金流 - 资本支出 | $-428.3B | $306.8M |
| 自由现金流率自由现金流/营收 | -25547.4% | 16.4% |
| 资本支出强度资本支出/营收 | 3600.5% | 9.2% |
| 现金转化率经营现金流/净利润 | — | 4.78× |
| 过去12个月自由现金流最近4个季度 | $-427.6B | $692.2M |
8季度趋势，按日历期对齐
经营现金流SONWYNN
| Q1 26 | — | — | ||
| Q4 25 | $412.9M | $478.0M | ||
| Q3 25 | $291.5M | $335.8M | ||
| Q2 25 | $193.4M | $405.1M | ||
| Q1 25 | $-208.1M | $133.8M | ||
| Q4 24 | — | $479.0M | ||
| Q3 24 | $162.1M | $279.3M | ||
| Q2 24 | $109.3M | $352.8M |
自由现金流SONWYNN
| Q1 26 | $-428.3B | — | ||
| Q4 25 | $322.3M | $306.8M | ||
| Q3 25 | $225.6M | $171.8M | ||
| Q2 25 | $98.6M | $239.8M | ||
| Q1 25 | $-300.8M | $-26.2M | ||
| Q4 24 | — | $351.8M | ||
| Q3 24 | $70.5M | $178.0M | ||
| Q2 24 | $16.0M | $259.1M |
自由现金流率SONWYNN
| Q1 26 | -25547.4% | — | ||
| Q4 25 | 18.2% | 16.4% | ||
| Q3 25 | 10.6% | 9.4% | ||
| Q2 25 | 5.2% | 13.8% | ||
| Q1 25 | -17.6% | -1.5% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | 4.2% | 10.5% | ||
| Q2 24 | 1.0% | 15.0% |
资本支出强度SONWYNN
| Q1 26 | 3600.5% | — | ||
| Q4 25 | 5.1% | 9.2% | ||
| Q3 25 | 3.1% | 8.9% | ||
| Q2 25 | 5.0% | 9.5% | ||
| Q1 25 | 5.4% | 9.4% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | 5.5% | 6.0% | ||
| Q2 24 | 5.7% | 5.4% |
现金转化率SONWYNN
| Q1 26 | — | — | ||
| Q4 25 | 1.24× | 4.78× | ||
| Q3 25 | 2.37× | 3.80× | ||
| Q2 25 | 0.39× | 6.12× | ||
| Q1 25 | -3.82× | 1.84× | ||
| Q4 24 | — | 1.73× | ||
| Q3 24 | 3.18× | — | ||
| Q2 24 | 1.20× | 3.15× |
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
SON
| Consumer Packaging | $1.1B | 65% |
| Industrial Paper Packaging | $587.5M | 35% |
| All Other | $55.1M | 3% |
WYNN
| Casino | $1.1B | 61% |
| Occupancy | $305.1M | 16% |
| Food And Beverage | $264.9M | 14% |
| Entertainment Retail And Other | $152.6M | 8% |
