vs
Smurfit Westrock（SW）与特灵科技（TT）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是特灵科技的1.6倍（$7.7B vs $5.0B），特灵科技净利率更高（11.9% vs 0.8%，领先11.0%），特灵科技同比增速更快（6.0% vs 0.7%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs -3.2%）
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。
特灵科技是一家注册地位于爱尔兰的企业，核心业务覆盖采暖、通风、空调及制冷系统领域。品牌历史可追溯至150多年前，历经多次并购与分拆：2008年暖通空调厂商特灵被美国工业工具制造商英格索兰收购，2020年工具业务分拆独立为英格索兰，剩余业务正式更名特灵科技。
SW vs TT — 直观对比
营收规模更大
SW
是对方的1.6倍
$5.0B
营收增速更快
TT
高出5.3%
0.7%
净利率更高
TT
高出11.0%
0.8%
两年增速更快
SW
近两年复合增速
-3.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.7B | $5.0B |
| 净利润 | $63.0M | $589.5M |
| 毛利率 | 16.4% | 165.2% |
| 营业利润率 | 3.3% | 15.6% |
| 净利率 | 0.8% | 11.9% |
| 营收同比 | 0.7% | 6.0% |
| 净利润同比 | 0.0% | -3.4% |
| 每股收益（稀释后） | $0.12 | — |
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SWTT
| Q1 26 | $7.7B | $5.0B | ||
| Q4 25 | $7.6B | $5.1B | ||
| Q3 25 | $8.0B | $5.7B | ||
| Q2 25 | $7.9B | $5.7B | ||
| Q1 25 | $7.7B | $4.7B | ||
| Q4 24 | $7.5B | $4.9B | ||
| Q3 24 | $7.7B | $5.4B | ||
| Q2 24 | $3.0B | $5.3B |
净利润SWTT
| Q1 26 | $63.0M | $589.5M | ||
| Q4 25 | $97.0M | $591.3M | ||
| Q3 25 | $246.0M | $847.6M | ||
| Q2 25 | $-28.0M | $874.8M | ||
| Q1 25 | $384.0M | $604.9M | ||
| Q4 24 | $146.0M | $604.3M | ||
| Q3 24 | $-150.0M | $772.0M | ||
| Q2 24 | $132.0M | $755.3M |
毛利率SWTT
| Q1 26 | 16.4% | 165.2% | ||
| Q4 25 | 18.2% | — | ||
| Q3 25 | 19.6% | 36.9% | ||
| Q2 25 | 19.1% | 37.6% | ||
| Q1 25 | 20.6% | 35.8% | ||
| Q4 24 | 19.1% | — | ||
| Q3 24 | 17.6% | 36.3% | ||
| Q2 24 | 23.3% | 36.5% |
营业利润率SWTT
| Q1 26 | 3.3% | 15.6% | ||
| Q4 25 | 5.1% | 15.9% | ||
| Q3 25 | 6.6% | 20.3% | ||
| Q2 25 | 3.2% | 20.3% | ||
| Q1 25 | 7.2% | 17.5% | ||
| Q4 24 | 5.3% | 16.6% | ||
| Q3 24 | 0.7% | 18.8% | ||
| Q2 24 | 8.2% | 19.5% |
净利率SWTT
| Q1 26 | 0.8% | 11.9% | ||
| Q4 25 | 1.3% | 11.5% | ||
| Q3 25 | 3.1% | 14.8% | ||
| Q2 25 | -0.4% | 15.2% | ||
| Q1 25 | 5.0% | 12.9% | ||
| Q4 24 | 1.9% | 12.4% | ||
| Q3 24 | -2.0% | 14.2% | ||
| Q2 24 | 4.4% | 14.2% |
每股收益（稀释后）SWTT
| Q1 26 | $0.12 | — | ||
| Q4 25 | $0.18 | $2.64 | ||
| Q3 25 | $0.47 | $3.78 | ||
| Q2 25 | $-0.05 | $3.89 | ||
| Q1 25 | $0.73 | $2.67 | ||
| Q4 24 | $-0.12 | $2.65 | ||
| Q3 24 | $-0.30 | $3.39 | ||
| Q2 24 | $0.51 | $3.30 |
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 | $4.6B |
| 股东权益账面价值 | $18.1B | $8.6B |
| 总资产 | $45.2B | $22.8B |
| 负债/权益比越低杠杆越低 | 0.05× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资SWTT
| Q1 26 | — | $1.1B | ||
| Q4 25 | $892.0M | $1.8B | ||
| Q3 25 | $851.0M | — | ||
| Q2 25 | $778.0M | — | ||
| Q1 25 | $797.0M | — | ||
| Q4 24 | $855.0M | $1.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | $26.8K | — |
总债务SWTT
| Q1 26 | $980.0M | $4.6B | ||
| Q4 25 | $13.4B | $4.6B | ||
| Q3 25 | $13.3B | — | ||
| Q2 25 | $13.3B | — | ||
| Q1 25 | $12.9B | — | ||
| Q4 24 | $12.5B | $4.8B | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | — | — |
股东权益SWTT
| Q1 26 | $18.1B | $8.6B | ||
| Q4 25 | $18.3B | $8.6B | ||
| Q3 25 | $18.4B | $8.3B | ||
| Q2 25 | $18.3B | $7.8B | ||
| Q1 25 | $17.9B | $7.5B | ||
| Q4 24 | $17.4B | $7.5B | ||
| Q3 24 | $18.0B | $7.6B | ||
| Q2 24 | $14.5K | $6.9B |
总资产SWTT
| Q1 26 | $45.2B | $22.8B | ||
| Q4 25 | $45.2B | $21.4B | ||
| Q3 25 | $45.6B | $21.4B | ||
| Q2 25 | $45.7B | $21.0B | ||
| Q1 25 | $44.6B | $20.1B | ||
| Q4 24 | $43.8B | $20.1B | ||
| Q3 24 | $45.0B | $20.9B | ||
| Q2 24 | $26.8K | $20.2B |
负债/权益比SWTT
| Q1 26 | 0.05× | 0.54× | ||
| Q4 25 | 0.73× | 0.54× | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.72× | 0.64× | ||
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | — | $573.0M |
| 自由现金流率自由现金流/营收 | — | 11.5% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | 3.24× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流SWTT
| Q1 26 | $204.0M | — | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.1B | $1.0B | ||
| Q2 25 | $829.0M | $692.1M | ||
| Q1 25 | $235.0M | $339.5M | ||
| Q4 24 | $781.0M | $899.9M | ||
| Q3 24 | $320.0M | $1.3B | ||
| Q2 24 | $340.0M | $695.9M |
自由现金流SWTT
| Q1 26 | — | $573.0M | ||
| Q4 25 | $612.0M | — | ||
| Q3 25 | $523.0M | $935.6M | ||
| Q2 25 | $307.0M | $602.2M | ||
| Q1 25 | $-242.0M | $220.6M | ||
| Q4 24 | $212.0M | $774.3M | ||
| Q3 24 | $-192.0M | $1.2B | ||
| Q2 24 | $163.0M | $623.0M |
自由现金流率SWTT
| Q1 26 | — | 11.5% | ||
| Q4 25 | 8.1% | — | ||
| Q3 25 | 6.5% | 16.3% | ||
| Q2 25 | 3.9% | 10.5% | ||
| Q1 25 | -3.2% | 4.7% | ||
| Q4 24 | 2.8% | 15.9% | ||
| Q3 24 | -2.5% | 22.3% | ||
| Q2 24 | 5.5% | 11.7% |
资本支出强度SWTT
| Q1 26 | — | 1.6% | ||
| Q4 25 | 7.7% | — | ||
| Q3 25 | 7.6% | 1.2% | ||
| Q2 25 | 6.6% | 1.6% | ||
| Q1 25 | 6.2% | 2.5% | ||
| Q4 24 | 7.5% | 2.6% | ||
| Q3 24 | 6.7% | 1.6% | ||
| Q2 24 | 6.0% | 1.4% |
现金转化率SWTT
| Q1 26 | 3.24× | — | ||
| Q4 25 | 12.32× | 1.96× | ||
| Q3 25 | 4.61× | 1.18× | ||
| Q2 25 | — | 0.79× | ||
| Q1 25 | 0.61× | 0.56× | ||
| Q4 24 | 5.35× | 1.49× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | 2.58× | 0.92× |
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
SW
暂无分部数据
TT
| Americas | $4.0B | 80% |
| EMEA | $639.5M | 13% |
| Asia Pacific | $331.5M | 7% |
