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史丹利百得（SWK）与西部数据（WDC）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西部数据的1.2倍（$3.8B vs $3.0B），西部数据净利率更高（61.1% vs 1.4%，领先59.7%），西部数据同比增速更快（31.5% vs 0.1%），过去两年史丹利百得的营收复合增速更高（0.3% vs -6.6%）
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。
西部数据（简称WD）是总部位于美国加利福尼亚州圣何塞的知名数据存储企业，成立于1970年，是全球最大的硬盘驱动器（HDD）制造商之一，产品覆盖消费级、企业级等多元存储场景，为全球客户提供高性能、高可靠性的存储解决方案。
SWK vs WDC — 直观对比
营收规模更大
SWK
是对方的1.2倍
$3.0B
营收增速更快
WDC
高出31.4%
0.1%
净利率更高
WDC
高出59.7%
1.4%
两年增速更快
SWK
近两年复合增速
-6.6%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $3.0B |
| 净利润 | $51.4M | $1.8B |
| 毛利率 | 31.4% | 45.7% |
| 营业利润率 | — | 30.1% |
| 净利率 | 1.4% | 61.1% |
| 营收同比 | 0.1% | 31.5% |
| 净利润同比 | -43.6% | 254.2% |
| 每股收益（稀释后） | $0.34 | $4.73 |
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SWKWDC
| Q1 26 | — | $3.0B | ||
| Q4 25 | — | $2.8B | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.9B | $-1.2B | ||
| Q1 25 | $3.7B | $2.3B | ||
| Q4 24 | $3.7B | $4.3B | ||
| Q3 24 | $3.8B | $4.1B | ||
| Q2 24 | $4.0B | $3.8B |
净利润SWKWDC
| Q1 26 | — | $1.8B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $51.4M | — | ||
| Q2 25 | $101.9M | $282.0M | ||
| Q1 25 | $90.4M | $520.0M | ||
| Q4 24 | $194.9M | $594.0M | ||
| Q3 24 | $91.1M | $493.0M | ||
| Q2 24 | $-11.2M | $39.0M |
毛利率SWKWDC
| Q1 26 | — | 45.7% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | 31.4% | — | ||
| Q2 25 | 27.0% | — | ||
| Q1 25 | 29.9% | 39.8% | ||
| Q4 24 | 30.8% | 35.4% | ||
| Q3 24 | 29.9% | 37.9% | ||
| Q2 24 | 28.4% | 35.9% |
营业利润率SWKWDC
| Q1 26 | — | 30.1% | ||
| Q4 25 | — | 28.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 33.1% | ||
| Q4 24 | 3.4% | 19.9% | ||
| Q3 24 | 10.6% | 18.1% | ||
| Q2 24 | 9.5% | 5.7% |
净利率SWKWDC
| Q1 26 | — | 61.1% | ||
| Q4 25 | — | 41.9% | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 2.6% | -24.4% | ||
| Q1 25 | 2.4% | 22.7% | ||
| Q4 24 | 5.2% | 13.9% | ||
| Q3 24 | 2.4% | 12.0% | ||
| Q2 24 | -0.3% | 1.0% |
每股收益（稀释后）SWKWDC
| Q1 26 | — | $4.73 | ||
| Q4 25 | — | $3.07 | ||
| Q3 25 | $0.34 | — | ||
| Q2 25 | $0.67 | $0.72 | ||
| Q1 25 | $0.60 | $1.42 | ||
| Q4 24 | $1.29 | $1.63 | ||
| Q3 24 | $0.60 | $1.35 | ||
| Q2 24 | $-0.07 | $0.15 |
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 | $2.0B |
| 总债务越低越好 | $5.3B | $4.7B |
| 股东权益账面价值 | $9.0B | $7.1B |
| 总资产 | $21.8B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资SWKWDC
| Q1 26 | — | $2.0B | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | $268.3M | — | ||
| Q2 25 | $311.8M | $2.1B | ||
| Q1 25 | $344.8M | $3.5B | ||
| Q4 24 | $290.5M | $2.3B | ||
| Q3 24 | $298.7M | $1.7B | ||
| Q2 24 | $318.5M | $1.9B |
总债务SWKWDC
| Q1 26 | — | $4.7B | ||
| Q4 25 | — | $4.7B | ||
| Q3 25 | $5.3B | — | ||
| Q2 25 | $5.6B | $4.7B | ||
| Q1 25 | $5.6B | $7.3B | ||
| Q4 24 | $6.1B | $7.4B | ||
| Q3 24 | $6.1B | $7.4B | ||
| Q2 24 | $6.1B | $7.4B |
股东权益SWKWDC
| Q1 26 | — | $7.1B | ||
| Q4 25 | — | $5.9B | ||
| Q3 25 | $9.0B | — | ||
| Q2 25 | $9.1B | $5.3B | ||
| Q1 25 | $8.8B | $5.2B | ||
| Q4 24 | $8.7B | $12.1B | ||
| Q3 24 | $8.9B | $11.6B | ||
| Q2 24 | $8.7B | $10.8B |
总资产SWKWDC
| Q1 26 | — | $15.6B | ||
| Q4 25 | — | $14.4B | ||
| Q3 25 | $21.8B | — | ||
| Q2 25 | $22.5B | $14.0B | ||
| Q1 25 | $22.5B | $16.4B | ||
| Q4 24 | $21.8B | $25.5B | ||
| Q3 24 | $22.5B | $24.8B | ||
| Q2 24 | $22.5B | $24.2B |
负债/权益比SWKWDC
| Q1 26 | — | 0.65× | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | 0.59× | — | ||
| Q2 25 | 0.62× | 0.89× | ||
| Q1 25 | 0.63× | 1.42× | ||
| Q4 24 | 0.70× | 0.61× | ||
| Q3 24 | 0.69× | 0.64× | ||
| Q2 24 | 0.70× | 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 | $221.2M | — |
| 自由现金流经营现金流 - 资本支出 | $155.3M | — |
| 自由现金流率自由现金流/营收 | 4.1% | — |
| 资本支出强度资本支出/营收 | 1.8% | — |
| 现金转化率经营现金流/净利润 | 4.30× | — |
| 过去12个月自由现金流最近4个季度 | $369.6M | — |
8季度趋势，按日历期对齐
经营现金流SWKWDC
| Q1 26 | — | — | ||
| Q4 25 | — | $672.0M | ||
| Q3 25 | $221.2M | — | ||
| Q2 25 | $214.3M | $746.0M | ||
| Q1 25 | $-420.0M | $508.0M | ||
| Q4 24 | $679.1M | $403.0M | ||
| Q3 24 | $285.8M | $34.0M | ||
| Q2 24 | $573.0M | $366.0M |
自由现金流SWKWDC
| Q1 26 | — | — | ||
| Q4 25 | — | $599.0M | ||
| Q3 25 | $155.3M | — | ||
| Q2 25 | $134.7M | $675.0M | ||
| Q1 25 | $-485.0M | $379.0M | ||
| Q4 24 | $564.6M | $287.0M | ||
| Q3 24 | $199.3M | $-62.0M | ||
| Q2 24 | $485.8M | $250.0M |
自由现金流率SWKWDC
| Q1 26 | — | — | ||
| Q4 25 | — | 21.3% | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 3.4% | -58.5% | ||
| Q1 25 | -13.0% | 16.5% | ||
| Q4 24 | 15.2% | 6.7% | ||
| Q3 24 | 5.3% | -1.5% | ||
| Q2 24 | 12.1% | 6.6% |
资本支出强度SWKWDC
| Q1 26 | — | — | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 2.0% | -6.2% | ||
| Q1 25 | 1.7% | 5.6% | ||
| Q4 24 | 3.1% | 2.7% | ||
| Q3 24 | 2.3% | 2.3% | ||
| Q2 24 | 2.2% | 3.1% |
现金转化率SWKWDC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.57× | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 2.10× | 2.65× | ||
| Q1 25 | -4.65× | 0.98× | ||
| Q4 24 | 3.48× | 0.68× | ||
| Q3 24 | 3.14× | 0.07× | ||
| Q2 24 | — | 9.38× |
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
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
WDC
| Cloud | $2.7B | 89% |
| Client Devices | $176.0M | 6% |
| Consumer | $168.0M | 6% |
