vs
标普全球（SPGI）与Ulta Beauty（ULTA）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是Ulta Beauty的1.5倍（$4.2B vs $2.9B），标普全球净利率更高（36.1% vs 8.1%，领先28.0%），Ulta Beauty同比增速更快（12.9% vs 10.0%），标普全球自由现金流更多（$919.0M vs $-81.6M），过去两年标普全球的营收复合增速更高（8.4% vs 7.2%）
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息、数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球市场财智、标普全球能源、标普全球移动、印度信用评级机构CRISIL等业务板块，同时控股合资企业标普道琼斯指数。
Ulta Beauty是美国头部美妆连锁品牌，总部位于伊利诺伊州博林布鲁克，旗下门店在售商品覆盖高低端彩妆、香水、美甲、身体护理、美发产品及美妆工具等全品类美妆个护产品，每家门店均配备对外开放的美容沙龙，为消费者提供一站式美妆消费及服务体验。
SPGI vs ULTA — 直观对比
营收规模更大
SPGI
是对方的1.5倍
$2.9B
营收增速更快
ULTA
高出2.9%
10.0%
净利率更高
SPGI
高出28.0%
8.1%
自由现金流更多
SPGI
多$1.0B
$-81.6M
两年增速更快
SPGI
近两年复合增速
7.2%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $2.9B |
| 净利润 | $1.5B | $230.9M |
| 毛利率 | — | 40.4% |
| 营业利润率 | 48.0% | 10.8% |
| 净利率 | 36.1% | 8.1% |
| 营收同比 | 10.0% | 12.9% |
| 净利润同比 | 28.0% | -4.7% |
| 每股收益（稀释后） | $4.69 | $5.14 |
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SPGIULTA
| Q1 26 | $4.2B | — | ||
| Q4 25 | $3.9B | $2.9B | ||
| Q3 25 | $3.9B | $2.8B | ||
| Q2 25 | $3.8B | $2.8B | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.6B | $2.5B | ||
| Q3 24 | $3.6B | $2.6B | ||
| Q2 24 | $3.5B | $2.7B |
净利润SPGIULTA
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.1B | $230.9M | ||
| Q3 25 | $1.2B | $260.9M | ||
| Q2 25 | $1.1B | $305.1M | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $879.0M | $242.2M | ||
| Q3 24 | $971.0M | $252.6M | ||
| Q2 24 | $1.0B | $313.1M |
毛利率SPGIULTA
| Q1 26 | — | — | ||
| Q4 25 | 70.1% | 40.4% | ||
| Q3 25 | 71.2% | 39.2% | ||
| Q2 25 | 70.2% | 39.1% | ||
| Q1 25 | 69.5% | — | ||
| Q4 24 | 69.8% | 39.7% | ||
| Q3 24 | 70.0% | 38.3% | ||
| Q2 24 | 69.4% | 39.2% |
营业利润率SPGIULTA
| Q1 26 | 48.0% | — | ||
| Q4 25 | 42.7% | 10.8% | ||
| Q3 25 | 43.1% | 12.4% | ||
| Q2 25 | 41.3% | 14.1% | ||
| Q1 25 | 41.8% | — | ||
| Q4 24 | 36.4% | 12.6% | ||
| Q3 24 | 40.1% | 12.9% | ||
| Q2 24 | 40.9% | 14.7% |
净利率SPGIULTA
| Q1 26 | 36.1% | — | ||
| Q4 25 | 28.9% | 8.1% | ||
| Q3 25 | 30.2% | 9.4% | ||
| Q2 25 | 28.5% | 10.7% | ||
| Q1 25 | 28.9% | — | ||
| Q4 24 | 24.5% | 9.6% | ||
| Q3 24 | 27.2% | 9.9% | ||
| Q2 24 | 28.5% | 11.5% |
每股收益（稀释后）SPGIULTA
| Q1 26 | $4.69 | — | ||
| Q4 25 | $3.76 | $5.14 | ||
| Q3 25 | $3.86 | $5.78 | ||
| Q2 25 | $3.50 | $6.70 | ||
| Q1 25 | $3.54 | — | ||
| Q4 24 | $2.85 | $5.14 | ||
| Q3 24 | $3.11 | $5.30 | ||
| Q2 24 | $3.23 | $6.47 |
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 | — | $204.9M |
| 总债务越低越好 | $13.3B | — |
| 股东权益账面价值 | $31.3B | $2.6B |
| 总资产 | $60.8B | $7.0B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资SPGIULTA
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $204.9M | ||
| Q3 25 | $1.7B | $242.7M | ||
| Q2 25 | $1.8B | $454.6M | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.7B | $177.8M | ||
| Q3 24 | $1.7B | $414.0M | ||
| Q2 24 | $2.0B | $524.6M |
总债务SPGIULTA
| Q1 26 | $13.3B | — | ||
| Q4 25 | $13.1B | — | ||
| Q3 25 | $11.4B | — | ||
| Q2 25 | $11.4B | — | ||
| Q1 25 | $11.4B | — | ||
| Q4 24 | $11.4B | — | ||
| Q3 24 | $11.4B | — | ||
| Q2 24 | $11.4B | — |
股东权益SPGIULTA
| Q1 26 | $31.3B | — | ||
| Q4 25 | $31.1B | $2.6B | ||
| Q3 25 | $33.1B | $2.6B | ||
| Q2 25 | $33.4B | $2.4B | ||
| Q1 25 | $33.4B | — | ||
| Q4 24 | $33.2B | $2.3B | ||
| Q3 24 | $34.0B | $2.3B | ||
| Q2 24 | $34.9B | $2.3B |
总资产SPGIULTA
| Q1 26 | $60.8B | — | ||
| Q4 25 | $61.2B | $7.0B | ||
| Q3 25 | $59.7B | $6.6B | ||
| Q2 25 | $60.4B | $6.0B | ||
| Q1 25 | $59.9B | — | ||
| Q4 24 | $60.2B | $6.0B | ||
| Q3 24 | $60.4B | $5.7B | ||
| Q2 24 | $61.0B | $5.6B |
负债/权益比SPGIULTA
| Q1 26 | 0.43× | — | ||
| Q4 25 | 0.42× | — | ||
| Q3 25 | 0.34× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.34× | — | ||
| Q3 24 | 0.34× | — | ||
| Q2 24 | 0.33× | — |
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 | — | $5.6M |
| 自由现金流经营现金流 - 资本支出 | $919.0M | $-81.6M |
| 自由现金流率自由现金流/营收 | 22.0% | -2.9% |
| 资本支出强度资本支出/营收 | 0.6% | 3.1% |
| 现金转化率经营现金流/净利润 | — | 0.02× |
| 过去12个月自由现金流最近4个季度 | $5.5B | $-92.2M |
8季度趋势，按日历期对齐
经营现金流SPGIULTA
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $5.6M | ||
| Q3 25 | $1.5B | $96.5M | ||
| Q2 25 | $1.4B | $220.0M | ||
| Q1 25 | $953.0M | — | ||
| Q4 24 | $1.7B | $-56.8M | ||
| Q3 24 | $1.4B | $199.5M | ||
| Q2 24 | $1.6B | $159.3M |
自由现金流SPGIULTA
| Q1 26 | $919.0M | — | ||
| Q4 25 | $1.7B | $-81.6M | ||
| Q3 25 | $1.5B | $19.6M | ||
| Q2 25 | $1.4B | $141.0M | ||
| Q1 25 | $910.0M | — | ||
| Q4 24 | $1.7B | $-171.1M | ||
| Q3 24 | $1.4B | $104.3M | ||
| Q2 24 | $1.5B | $68.3M |
自由现金流率SPGIULTA
| Q1 26 | 22.0% | — | ||
| Q4 25 | 43.5% | -2.9% | ||
| Q3 25 | 37.6% | 0.7% | ||
| Q2 25 | 36.9% | 4.9% | ||
| Q1 25 | 24.1% | — | ||
| Q4 24 | 47.5% | -6.8% | ||
| Q3 24 | 39.4% | 4.1% | ||
| Q2 24 | 42.9% | 2.5% |
资本支出强度SPGIULTA
| Q1 26 | 0.6% | — | ||
| Q4 25 | 1.2% | 3.1% | ||
| Q3 25 | 1.2% | 2.8% | ||
| Q2 25 | 1.6% | 2.8% | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 0.9% | 4.5% | ||
| Q3 24 | 1.0% | 3.7% | ||
| Q2 24 | 0.9% | 3.3% |
现金转化率SPGIULTA
| Q1 26 | — | — | ||
| Q4 25 | 1.54× | 0.02× | ||
| Q3 25 | 1.28× | 0.37× | ||
| Q2 25 | 1.35× | 0.72× | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 1.98× | -0.23× | ||
| Q3 24 | 1.49× | 0.79× | ||
| Q2 24 | 1.54× | 0.51× |
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
SPGI
| Ratings | $1.3B | 31% |
| Market Intelligence | $1.3B | 31% |
| Energy | $652.0M | 16% |
| Indices | $519.0M | 12% |
| Mobility | $454.0M | 11% |
ULTA
暂无分部数据
