vs
Smurfit Westrock（SW）与泰科电子（TEL）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是泰科电子的1.6倍（$7.7B vs $4.7B），泰科电子净利率更高（18.0% vs 0.8%，领先17.2%），泰科电子同比增速更快（14.5% vs 0.7%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs 9.2%）
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
TE Connectivity（泰科电子）是一家注册地涵盖美国与爱尔兰的科技企业，专注于电气及电子元器件的设计与制造，产品广泛应用于汽车、航空航天、国防、医疗、能源等多个行业，可为不同领域客户提供高性能连接解决方案。
SW vs TEL — 直观对比
营收规模更大
SW
是对方的1.6倍
$4.7B
营收增速更快
TEL
高出13.8%
0.7%
净利率更高
TEL
高出17.2%
0.8%
两年增速更快
SW
近两年复合增速
9.2%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.7B | $4.7B |
| 净利润 | $63.0M | $855.0M |
| 毛利率 | 16.4% | 36.8% |
| 营业利润率 | 3.3% | 20.1% |
| 净利率 | 0.8% | 18.0% |
| 营收同比 | 0.7% | 14.5% |
| 净利润同比 | — | 58.0% |
| 每股收益（稀释后） | $0.12 | $2.90 |
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SWTEL
| Q1 26 | $7.7B | $4.7B | ||
| Q4 25 | $7.6B | $4.7B | ||
| Q3 25 | $8.0B | $4.7B | ||
| Q2 25 | $7.9B | $4.5B | ||
| Q1 25 | $7.7B | $4.1B | ||
| Q4 24 | $7.5B | $3.8B | ||
| Q3 24 | $7.7B | $4.1B | ||
| Q2 24 | $3.0B | $4.0B |
净利润SWTEL
| Q1 26 | $63.0M | $855.0M | ||
| Q4 25 | $97.0M | $750.0M | ||
| Q3 25 | $246.0M | $663.0M | ||
| Q2 25 | $-28.0M | $638.0M | ||
| Q1 25 | $384.0M | $13.0M | ||
| Q4 24 | $146.0M | $528.0M | ||
| Q3 24 | $-150.0M | $276.0M | ||
| Q2 24 | $132.0M | $573.0M |
毛利率SWTEL
| Q1 26 | 16.4% | 36.8% | ||
| Q4 25 | 18.2% | 37.2% | ||
| Q3 25 | 19.6% | 35.0% | ||
| Q2 25 | 19.1% | 35.3% | ||
| Q1 25 | 20.6% | 35.2% | ||
| Q4 24 | 19.1% | 35.5% | ||
| Q3 24 | 17.6% | 34.0% | ||
| Q2 24 | 23.3% | 34.8% |
营业利润率SWTEL
| Q1 26 | 3.3% | 20.1% | ||
| Q4 25 | 5.1% | 20.6% | ||
| Q3 25 | 6.6% | 19.3% | ||
| Q2 25 | 3.2% | 18.9% | ||
| Q1 25 | 7.2% | 18.1% | ||
| Q4 24 | 5.3% | 18.0% | ||
| Q3 24 | 0.7% | 16.0% | ||
| Q2 24 | 8.2% | 19.0% |
净利率SWTEL
| Q1 26 | 0.8% | 18.0% | ||
| Q4 25 | 1.3% | 16.1% | ||
| Q3 25 | 3.1% | 14.0% | ||
| Q2 25 | -0.4% | 14.1% | ||
| Q1 25 | 5.0% | 0.3% | ||
| Q4 24 | 1.9% | 13.8% | ||
| Q3 24 | -2.0% | 6.8% | ||
| Q2 24 | 4.4% | 14.4% |
每股收益（稀释后）SWTEL
| Q1 26 | $0.12 | $2.90 | ||
| Q4 25 | $0.18 | $2.53 | ||
| Q3 25 | $0.47 | $2.23 | ||
| Q2 25 | $-0.05 | $2.14 | ||
| Q1 25 | $0.73 | $0.04 | ||
| Q4 24 | $-0.12 | $1.75 | ||
| Q3 24 | $-0.30 | $0.96 | ||
| Q2 24 | $0.51 | $1.86 |
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 | — | $1.1B |
| 总债务越低越好 | $980.0M | $5.7B |
| 股东权益账面价值 | $18.1B | $13.2B |
| 总资产 | $45.2B | $25.7B |
| 负债/权益比越低杠杆越低 | 0.05× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资SWTEL
| Q1 26 | — | $1.1B | ||
| Q4 25 | $892.0M | $1.3B | ||
| Q3 25 | $851.0M | $1.3B | ||
| Q2 25 | $778.0M | $672.0M | ||
| Q1 25 | $797.0M | $2.6B | ||
| Q4 24 | $855.0M | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $26.8K | $1.5B |
总债务SWTEL
| Q1 26 | $980.0M | $5.7B | ||
| Q4 25 | $13.4B | — | ||
| Q3 25 | $13.3B | — | ||
| Q2 25 | $13.3B | — | ||
| Q1 25 | $12.9B | — | ||
| Q4 24 | $12.5B | — | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | — | — |
股东权益SWTEL
| Q1 26 | $18.1B | $13.2B | ||
| Q4 25 | $18.3B | $13.0B | ||
| Q3 25 | $18.4B | $12.6B | ||
| Q2 25 | $18.3B | $12.4B | ||
| Q1 25 | $17.9B | $12.1B | ||
| Q4 24 | $17.4B | $12.4B | ||
| Q3 24 | $18.0B | $12.4B | ||
| Q2 24 | $14.5K | $12.6B |
总资产SWTEL
| Q1 26 | $45.2B | $25.7B | ||
| Q4 25 | $45.2B | $25.6B | ||
| Q3 25 | $45.6B | $25.1B | ||
| Q2 25 | $45.7B | $24.9B | ||
| Q1 25 | $44.6B | $23.7B | ||
| Q4 24 | $43.8B | $22.4B | ||
| Q3 24 | $45.0B | $22.9B | ||
| Q2 24 | $26.8K | $22.9B |
负债/权益比SWTEL
| Q1 26 | 0.05× | 0.43× | ||
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.73× | — | ||
| Q2 24 | — | — |
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 | $204.0M | $947.0M |
| 自由现金流经营现金流 - 资本支出 | — | $680.0M |
| 自由现金流率自由现金流/营收 | — | 14.3% |
| 资本支出强度资本支出/营收 | — | 5.7% |
| 现金转化率经营现金流/净利润 | 3.24× | 1.11× |
| 过去12个月自由现金流最近4个季度 | — | $3.4B |
8季度趋势，按日历期对齐
经营现金流SWTEL
| Q1 26 | $204.0M | $947.0M | ||
| Q4 25 | $1.2B | $865.0M | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $829.0M | $1.2B | ||
| Q1 25 | $235.0M | $653.0M | ||
| Q4 24 | $781.0M | $878.0M | ||
| Q3 24 | $320.0M | $1.0B | ||
| Q2 24 | $340.0M | $1.0B |
自由现金流SWTEL
| Q1 26 | — | $680.0M | ||
| Q4 25 | $612.0M | $607.0M | ||
| Q3 25 | $523.0M | $1.1B | ||
| Q2 25 | $307.0M | $957.0M | ||
| Q1 25 | $-242.0M | $423.0M | ||
| Q4 24 | $212.0M | $673.0M | ||
| Q3 24 | $-192.0M | $829.0M | ||
| Q2 24 | $163.0M | $857.0M |
自由现金流率SWTEL
| Q1 26 | — | 14.3% | ||
| Q4 25 | 8.1% | 13.0% | ||
| Q3 25 | 6.5% | 24.2% | ||
| Q2 25 | 3.9% | 21.1% | ||
| Q1 25 | -3.2% | 10.2% | ||
| Q4 24 | 2.8% | 17.5% | ||
| Q3 24 | -2.5% | 20.4% | ||
| Q2 24 | 5.5% | 21.5% |
资本支出强度SWTEL
| Q1 26 | — | 5.7% | ||
| Q4 25 | 7.7% | 5.5% | ||
| Q3 25 | 7.6% | 5.7% | ||
| Q2 25 | 6.6% | 5.1% | ||
| Q1 25 | 6.2% | 5.6% | ||
| Q4 24 | 7.5% | 5.3% | ||
| Q3 24 | 6.7% | 5.2% | ||
| Q2 24 | 6.0% | 3.7% |
现金转化率SWTEL
| Q1 26 | 3.24× | 1.11× | ||
| Q4 25 | 12.32× | 1.15× | ||
| Q3 25 | 4.61× | 2.14× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | 0.61× | 50.23× | ||
| Q4 24 | 5.35× | 1.66× | ||
| Q3 24 | — | 3.78× | ||
| Q2 24 | 2.58× | 1.76× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
