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史密斯威森（SWBI）与WD 40 CO（WDFC）财务数据对比。点击上方公司名可切换其他公司
WD 40 CO的季度营收约是史密斯威森的1.2倍（$154.4M vs $124.7M），WD 40 CO净利率更高（11.3% vs 1.5%，领先9.8%），WD 40 CO同比增速更快（0.6% vs -3.9%），史密斯威森自由现金流更多（$16.3M vs $9.1M），过去两年WD 40 CO的营收复合增速更高（5.4% vs -4.8%）
史密斯韦森品牌公司是总部位于美国田纳西州玛丽维尔的美国枪械制造商，是美国历史悠久的知名枪械生产企业，在民用和执法枪械领域拥有较高的市场知名度。
WD-40公司是全球知名的消费及工业维护用品生产商，核心产品为同名多功能防锈润滑剂，同时布局清洁剂、除油剂、特殊润滑产品等品类，业务覆盖全球170余个国家和地区，服务零售、工业、汽车后市场等多个领域。
SWBI vs WDFC — 直观对比
营收规模更大
WDFC
是对方的1.2倍
$124.7M
营收增速更快
WDFC
高出4.5%
-3.9%
净利率更高
WDFC
高出9.8%
1.5%
自由现金流更多
SWBI
多$7.2M
$9.1M
两年增速更快
WDFC
近两年复合增速
-4.8%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $124.7M | $154.4M |
| 净利润 | $1.9M | $17.5M |
| 毛利率 | 24.3% | 56.2% |
| 营业利润率 | 3.3% | 15.1% |
| 净利率 | 1.5% | 11.3% |
| 营收同比 | -3.9% | 0.6% |
| 净利润同比 | -53.6% | -7.8% |
| 每股收益（稀释后） | $0.04 | $1.28 |
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SWBIWDFC
| Q4 25 | $124.7M | $154.4M | ||
| Q3 25 | $85.1M | $163.5M | ||
| Q2 25 | $140.8M | $156.9M | ||
| Q1 25 | $115.9M | $146.1M | ||
| Q4 24 | $129.7M | $153.5M | ||
| Q3 24 | $88.3M | $156.0M | ||
| Q2 24 | $159.1M | $155.0M | ||
| Q1 24 | $137.5M | $139.1M |
净利润SWBIWDFC
| Q4 25 | $1.9M | $17.5M | ||
| Q3 25 | $-3.4M | $21.2M | ||
| Q2 25 | $8.6M | $21.0M | ||
| Q1 25 | $2.1M | $29.9M | ||
| Q4 24 | $4.5M | $18.9M | ||
| Q3 24 | $-1.9M | $16.8M | ||
| Q2 24 | $27.9M | $19.8M | ||
| Q1 24 | $7.9M | $15.5M |
毛利率SWBIWDFC
| Q4 25 | 24.3% | 56.2% | ||
| Q3 25 | 25.9% | 54.7% | ||
| Q2 25 | 28.8% | 56.2% | ||
| Q1 25 | 24.1% | 54.6% | ||
| Q4 24 | 26.6% | 54.8% | ||
| Q3 24 | 27.4% | 54.1% | ||
| Q2 24 | 35.5% | 53.1% | ||
| Q1 24 | 28.7% | 52.4% |
营业利润率SWBIWDFC
| Q4 25 | 3.3% | 15.1% | ||
| Q3 25 | -3.5% | 17.1% | ||
| Q2 25 | 9.3% | 17.4% | ||
| Q1 25 | 4.1% | 15.9% | ||
| Q4 24 | 5.8% | 16.4% | ||
| Q3 24 | -1.7% | 15.4% | ||
| Q2 24 | 17.4% | 17.5% | ||
| Q1 24 | 8.2% | 15.1% |
净利率SWBIWDFC
| Q4 25 | 1.5% | 11.3% | ||
| Q3 25 | -4.0% | 13.0% | ||
| Q2 25 | 6.1% | 13.4% | ||
| Q1 25 | 1.8% | 20.4% | ||
| Q4 24 | 3.5% | 12.3% | ||
| Q3 24 | -2.1% | 10.8% | ||
| Q2 24 | 17.5% | 12.8% | ||
| Q1 24 | 5.7% | 11.2% |
每股收益（稀释后）SWBIWDFC
| Q4 25 | $0.04 | $1.28 | ||
| Q3 25 | $-0.08 | $1.57 | ||
| Q2 25 | $0.19 | $1.54 | ||
| Q1 25 | $0.05 | $2.19 | ||
| Q4 24 | $0.10 | $1.39 | ||
| Q3 24 | $-0.04 | $1.23 | ||
| Q2 24 | $0.60 | $1.46 | ||
| Q1 24 | $0.17 | $1.14 |
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 | $22.4M | $48.6M |
| 总债务越低越好 | — | $85.7M |
| 股东权益账面价值 | $363.2M | $264.1M |
| 总资产 | $548.6M | $459.7M |
| 负债/权益比越低杠杆越低 | — | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资SWBIWDFC
| Q4 25 | $22.4M | $48.6M | ||
| Q3 25 | $18.0M | $58.1M | ||
| Q2 25 | $25.2M | $51.7M | ||
| Q1 25 | $26.7M | $53.0M | ||
| Q4 24 | $39.1M | $54.9M | ||
| Q3 24 | $35.5M | $46.7M | ||
| Q2 24 | $60.8M | $45.3M | ||
| Q1 24 | $47.4M | $55.4M |
总债务SWBIWDFC
| Q4 25 | — | $85.7M | ||
| Q3 25 | — | $86.2M | ||
| Q2 25 | — | $85.6M | ||
| Q1 25 | — | $84.4M | ||
| Q4 24 | — | $84.6M | ||
| Q3 24 | — | $86.0M | ||
| Q2 24 | — | $85.5M | ||
| Q1 24 | — | $85.9M |
股东权益SWBIWDFC
| Q4 25 | $363.2M | $264.1M | ||
| Q3 25 | $364.4M | $268.2M | ||
| Q2 25 | $372.5M | $257.1M | ||
| Q1 25 | $366.9M | $242.1M | ||
| Q4 24 | $371.5M | $226.3M | ||
| Q3 24 | $380.0M | $230.5M | ||
| Q2 24 | $399.9M | $222.2M | ||
| Q1 24 | $376.4M | $216.3M |
总资产SWBIWDFC
| Q4 25 | $548.6M | $459.7M | ||
| Q3 25 | $554.6M | $475.8M | ||
| Q2 25 | $559.6M | $456.0M | ||
| Q1 25 | $578.9M | $458.3M | ||
| Q4 24 | $587.4M | $447.3M | ||
| Q3 24 | $571.3M | $449.0M | ||
| Q2 24 | $577.4M | $443.6M | ||
| Q1 24 | $570.6M | $442.0M |
负债/权益比SWBIWDFC
| Q4 25 | — | 0.32× | ||
| Q3 25 | — | 0.32× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.37× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.40× |
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 | $27.3M | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $16.3M | $9.1M |
| 自由现金流率自由现金流/营收 | 13.1% | 5.9% |
| 资本支出强度资本支出/营收 | 8.8% | 0.6% |
| 现金转化率经营现金流/净利润 | 14.22× | 0.57× |
| 过去12个月自由现金流最近4个季度 | $21.3M | $78.2M |
8季度趋势，按日历期对齐
经营现金流SWBIWDFC
| Q4 25 | $27.3M | $10.0M | ||
| Q3 25 | $-8.1M | $29.9M | ||
| Q2 25 | $40.8M | $35.1M | ||
| Q1 25 | $-9.8M | $8.0M | ||
| Q4 24 | $-7.4M | $14.9M | ||
| Q3 24 | $-30.8M | $27.2M | ||
| Q2 24 | $43.7M | $19.9M | ||
| Q1 24 | $25.2M | $18.0M |
自由现金流SWBIWDFC
| Q4 25 | $16.3M | $9.1M | ||
| Q3 25 | $-12.4M | $28.6M | ||
| Q2 25 | $33.5M | $34.0M | ||
| Q1 25 | $-16.1M | $6.6M | ||
| Q4 24 | $-10.7M | $14.2M | ||
| Q3 24 | $-35.5M | $26.4M | ||
| Q2 24 | $38.2M | $18.7M | ||
| Q1 24 | $7.0M | $16.7M |
自由现金流率SWBIWDFC
| Q4 25 | 13.1% | 5.9% | ||
| Q3 25 | -14.6% | 17.5% | ||
| Q2 25 | 23.8% | 21.6% | ||
| Q1 25 | -13.9% | 4.5% | ||
| Q4 24 | -8.3% | 9.3% | ||
| Q3 24 | -40.2% | 16.9% | ||
| Q2 24 | 24.0% | 12.0% | ||
| Q1 24 | 5.1% | 12.0% |
资本支出强度SWBIWDFC
| Q4 25 | 8.8% | 0.6% | ||
| Q3 25 | 5.0% | 0.8% | ||
| Q2 25 | 5.2% | 0.7% | ||
| Q1 25 | 5.4% | 0.9% | ||
| Q4 24 | 2.5% | 0.5% | ||
| Q3 24 | 5.3% | 0.5% | ||
| Q2 24 | 3.5% | 0.8% | ||
| Q1 24 | 13.2% | 0.9% |
现金转化率SWBIWDFC
| Q4 25 | 14.22× | 0.57× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | 4.73× | 1.67× | ||
| Q1 25 | -4.68× | 0.27× | ||
| Q4 24 | -1.63× | 0.79× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | 1.57× | 1.00× | ||
| Q1 24 | 3.20× | 1.16× |
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
SWBI
暂无分部数据
WDFC
| Other | $82.6M | 53% |
| WD40Multi Use Product | $56.0M | 36% |
| WD40Specialist | $9.0M | 6% |
| Other Maintenance Products | $4.0M | 3% |
| Homecare And Cleaning Products | $2.7M | 2% |
