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道富集团（STT）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
史丹利百得的季度营收约是道富集团的1.0倍（$3.8B vs $3.7B），道富集团净利率更高（20.4% vs 1.4%，领先19.0%），道富集团同比增速更快（7.5% vs 0.1%），道富集团自由现金流更多（$9.8B vs $155.3M），过去两年道富集团的营收复合增速更高（8.1% vs 0.3%）
道富集团是总部位于美国波士顿的跨国金融服务及银行控股公司，历史可追溯至1792年成立的联合银行，是美国运营历史第二悠久的存续银行。作为全球顶尖的资产管理与托管机构，截至2025年第三季度，其管理资产规模约5.4万亿美元，托管及管理资产总规模达51.7万亿美元。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
STT vs SWK — 直观对比
营收规模更大
SWK
是对方的1.0倍
$3.7B
营收增速更快
STT
高出7.3%
0.1%
净利率更高
STT
高出19.0%
1.4%
自由现金流更多
STT
多$9.6B
$155.3M
两年增速更快
STT
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.7B | $3.8B |
| 净利润 | $747.0M | $51.4M |
| 毛利率 | — | 31.4% |
| 营业利润率 | 25.0% | — |
| 净利率 | 20.4% | 1.4% |
| 营收同比 | 7.5% | 0.1% |
| 净利润同比 | -4.6% | -43.6% |
| 每股收益（稀释后） | $2.41 | $0.34 |
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STTSWK
| Q4 25 | $3.7B | — | ||
| Q3 25 | $3.5B | $3.8B | ||
| Q2 25 | $3.4B | $3.9B | ||
| Q1 25 | $3.3B | $3.7B | ||
| Q4 24 | $3.4B | $3.7B | ||
| Q3 24 | $3.3B | $3.8B | ||
| Q2 24 | $3.2B | $4.0B | ||
| Q1 24 | $3.1B | $3.9B |
净利润STTSWK
| Q4 25 | $747.0M | — | ||
| Q3 25 | $861.0M | $51.4M | ||
| Q2 25 | $693.0M | $101.9M | ||
| Q1 25 | $644.0M | $90.4M | ||
| Q4 24 | $783.0M | $194.9M | ||
| Q3 24 | $730.0M | $91.1M | ||
| Q2 24 | $711.0M | $-11.2M | ||
| Q1 24 | $463.0M | $19.5M |
毛利率STTSWK
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.0% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 30.8% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 28.6% |
营业利润率STTSWK
| Q4 25 | 25.0% | — | ||
| Q3 25 | 31.1% | — | ||
| Q2 25 | 25.8% | — | ||
| Q1 25 | 25.0% | — | ||
| Q4 24 | 28.1% | 3.4% | ||
| Q3 24 | 28.4% | 10.6% | ||
| Q2 24 | 28.6% | 9.5% | ||
| Q1 24 | 19.1% | 8.3% |
净利率STTSWK
| Q4 25 | 20.4% | — | ||
| Q3 25 | 24.3% | 1.4% | ||
| Q2 25 | 20.1% | 2.6% | ||
| Q1 25 | 19.6% | 2.4% | ||
| Q4 24 | 22.9% | 5.2% | ||
| Q3 24 | 22.4% | 2.4% | ||
| Q2 24 | 22.3% | -0.3% | ||
| Q1 24 | 14.8% | 0.5% |
每股收益（稀释后）STTSWK
| Q4 25 | $2.41 | — | ||
| Q3 25 | $2.78 | $0.34 | ||
| Q2 25 | $2.17 | $0.67 | ||
| Q1 25 | $2.04 | $0.60 | ||
| Q4 24 | $2.43 | $1.29 | ||
| Q3 24 | $2.26 | $0.60 | ||
| Q2 24 | $2.15 | $-0.07 | ||
| Q1 24 | $1.37 | $0.13 |
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 | — | $268.3M |
| 总债务越低越好 | — | $5.3B |
| 股东权益账面价值 | $27.8B | $9.0B |
| 总资产 | $366.0B | $21.8B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资STTSWK
| Q4 25 | — | — | ||
| Q3 25 | — | $268.3M | ||
| Q2 25 | — | $311.8M | ||
| Q1 25 | — | $344.8M | ||
| Q4 24 | — | $290.5M | ||
| Q3 24 | — | $298.7M | ||
| Q2 24 | — | $318.5M | ||
| Q1 24 | — | $476.6M |
总债务STTSWK
| Q4 25 | — | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.1B |
股东权益STTSWK
| Q4 25 | $27.8B | — | ||
| Q3 25 | $27.6B | $9.0B | ||
| Q2 25 | $27.3B | $9.1B | ||
| Q1 25 | $26.7B | $8.8B | ||
| Q4 24 | $25.3B | $8.7B | ||
| Q3 24 | $25.8B | $8.9B | ||
| Q2 24 | $24.8B | $8.7B | ||
| Q1 24 | $24.4B | $8.9B |
总资产STTSWK
| Q4 25 | $366.0B | — | ||
| Q3 25 | $371.1B | $21.8B | ||
| Q2 25 | $376.7B | $22.5B | ||
| Q1 25 | $372.7B | $22.5B | ||
| Q4 24 | $353.2B | $21.8B | ||
| Q3 24 | $338.5B | $22.5B | ||
| Q2 24 | $325.6B | $22.5B | ||
| Q1 24 | $338.0B | $23.9B |
负债/权益比STTSWK
| Q4 25 | — | — | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.69× |
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 | $10.0B | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $9.8B | $155.3M |
| 自由现金流率自由现金流/营收 | 266.6% | 4.1% |
| 资本支出强度资本支出/营收 | 7.3% | 1.8% |
| 现金转化率经营现金流/净利润 | 13.44× | 4.30× |
| 过去12个月自由现金流最近4个季度 | $10.8B | $369.6M |
8季度趋势，按日历期对齐
经营现金流STTSWK
| Q4 25 | $10.0B | — | ||
| Q3 25 | $7.9B | $221.2M | ||
| Q2 25 | $-8.4B | $214.3M | ||
| Q1 25 | $2.4B | $-420.0M | ||
| Q4 24 | $-7.4B | $679.1M | ||
| Q3 24 | $2.7B | $285.8M | ||
| Q2 24 | $-7.6B | $573.0M | ||
| Q1 24 | $-844.0M | $-431.0M |
自由现金流STTSWK
| Q4 25 | $9.8B | — | ||
| Q3 25 | $7.7B | $155.3M | ||
| Q2 25 | $-8.8B | $134.7M | ||
| Q1 25 | $2.2B | $-485.0M | ||
| Q4 24 | $-7.7B | $564.6M | ||
| Q3 24 | $2.5B | $199.3M | ||
| Q2 24 | $-7.9B | $485.8M | ||
| Q1 24 | $-1.1B | $-496.7M |
自由现金流率STTSWK
| Q4 25 | 266.6% | — | ||
| Q3 25 | 216.0% | 4.1% | ||
| Q2 25 | -254.1% | 3.4% | ||
| Q1 25 | 66.1% | -13.0% | ||
| Q4 24 | -225.1% | 15.2% | ||
| Q3 24 | 75.9% | 5.3% | ||
| Q2 24 | -246.2% | 12.1% | ||
| Q1 24 | -34.2% | -12.8% |
资本支出强度STTSWK
| Q4 25 | 7.3% | — | ||
| Q3 25 | 6.9% | 1.8% | ||
| Q2 25 | 9.3% | 2.0% | ||
| Q1 25 | 6.9% | 1.7% | ||
| Q4 24 | 7.3% | 3.1% | ||
| Q3 24 | 7.2% | 2.3% | ||
| Q2 24 | 6.7% | 2.2% | ||
| Q1 24 | 7.3% | 1.7% |
现金转化率STTSWK
| Q4 25 | 13.44× | — | ||
| Q3 25 | 9.18× | 4.30× | ||
| Q2 25 | -12.18× | 2.10× | ||
| Q1 25 | 3.72× | -4.65× | ||
| Q4 24 | -9.49× | 3.48× | ||
| Q3 24 | 3.71× | 3.14× | ||
| Q2 24 | -10.75× | — | ||
| Q1 24 | -1.82× | -22.10× |
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
STT
| Other | $2.2B | 59% |
| Investment Management | $729.0M | 20% |
| Management Services | $662.0M | 18% |
| Other Fee Revenue | $56.0M | 2% |
| Securities Financing Services | $54.0M | 1% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
