vs
史丹利百得（SWK）与Xcel Energy（XEL）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Xcel Energy的1.1倍（$3.8B vs $3.6B），Xcel Energy净利率更高（15.9% vs 1.4%，领先14.6%），Xcel Energy同比增速更快（14.1% vs 0.1%），史丹利百得自由现金流更多（$155.3M vs $-3.2B），过去两年史丹利百得的营收复合增速更高（0.3% vs -1.2%）
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。
Xcel Energy是总部位于美国明尼苏达州明尼阿波利斯的受监管电力及天然气供应企业，截至2025年中业务覆盖美国八个州的部分区域，共服务约390万电力用户、220万天然气用户，旗下设有四家运营子公司。
SWK vs XEL — 直观对比
营收规模更大
SWK
是对方的1.1倍
$3.6B
营收增速更快
XEL
高出14.0%
0.1%
净利率更高
XEL
高出14.6%
1.4%
自由现金流更多
SWK
多$3.4B
$-3.2B
两年增速更快
SWK
近两年复合增速
-1.2%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $3.6B |
| 净利润 | $51.4M | $567.0M |
| 毛利率 | 31.4% | — |
| 营业利润率 | — | 16.3% |
| 净利率 | 1.4% | 15.9% |
| 营收同比 | 0.1% | 14.1% |
| 净利润同比 | -43.6% | 22.2% |
| 每股收益（稀释后） | $0.34 | $0.95 |
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SWKXEL
| Q4 25 | — | $3.6B | ||
| Q3 25 | $3.8B | $3.9B | ||
| Q2 25 | $3.9B | $3.3B | ||
| Q1 25 | $3.7B | $3.9B | ||
| Q4 24 | $3.7B | $3.1B | ||
| Q3 24 | $3.8B | $3.6B | ||
| Q2 24 | $4.0B | $3.0B | ||
| Q1 24 | $3.9B | $3.6B |
净利润SWKXEL
| Q4 25 | — | $567.0M | ||
| Q3 25 | $51.4M | $524.0M | ||
| Q2 25 | $101.9M | $444.0M | ||
| Q1 25 | $90.4M | $483.0M | ||
| Q4 24 | $194.9M | $464.0M | ||
| Q3 24 | $91.1M | $682.0M | ||
| Q2 24 | $-11.2M | $302.0M | ||
| Q1 24 | $19.5M | $488.0M |
毛利率SWKXEL
| 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SWKXEL
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 19.1% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | 3.4% | 11.1% | ||
| Q3 24 | 10.6% | 25.0% | ||
| Q2 24 | 9.5% | 14.8% | ||
| Q1 24 | 8.3% | 18.6% |
净利率SWKXEL
| Q4 25 | — | 15.9% | ||
| Q3 25 | 1.4% | 13.4% | ||
| Q2 25 | 2.6% | 13.5% | ||
| Q1 25 | 2.4% | 12.4% | ||
| Q4 24 | 5.2% | 14.9% | ||
| Q3 24 | 2.4% | 18.7% | ||
| Q2 24 | -0.3% | 10.0% | ||
| Q1 24 | 0.5% | 13.4% |
每股收益（稀释后）SWKXEL
| Q4 25 | — | $0.95 | ||
| Q3 25 | $0.34 | $0.88 | ||
| Q2 25 | $0.67 | $0.75 | ||
| Q1 25 | $0.60 | $0.84 | ||
| Q4 24 | $1.29 | $0.81 | ||
| Q3 24 | $0.60 | $1.21 | ||
| Q2 24 | $-0.07 | $0.54 | ||
| Q1 24 | $0.13 | $0.88 |
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 | $31.8B |
| 股东权益账面价值 | $9.0B | $23.6B |
| 总资产 | $21.8B | $81.4B |
| 负债/权益比越低杠杆越低 | 0.59× | 1.35× |
8季度趋势，按日历期对齐
现金及短期投资SWKXEL
| Q4 25 | — | — | ||
| Q3 25 | $268.3M | $1.1B | ||
| Q2 25 | $311.8M | $1.5B | ||
| Q1 25 | $344.8M | $1.1B | ||
| Q4 24 | $290.5M | $179.0M | ||
| Q3 24 | $298.7M | $1.5B | ||
| Q2 24 | $318.5M | $1.6B | ||
| Q1 24 | $476.6M | $501.0M |
总债务SWKXEL
| Q4 25 | — | $31.8B | ||
| Q3 25 | $5.3B | $32.0B | ||
| Q2 25 | $5.6B | $31.1B | ||
| Q1 25 | $5.6B | $29.4B | ||
| Q4 24 | $6.1B | $27.3B | ||
| Q3 24 | $6.1B | $27.5B | ||
| Q2 24 | $6.1B | $27.7B | ||
| Q1 24 | $6.1B | $26.4B |
股东权益SWKXEL
| Q4 25 | — | $23.6B | ||
| Q3 25 | $9.0B | $21.2B | ||
| Q2 25 | $9.1B | $21.0B | ||
| Q1 25 | $8.8B | $19.8B | ||
| Q4 24 | $8.7B | $19.5B | ||
| Q3 24 | $8.9B | $19.4B | ||
| Q2 24 | $8.7B | $18.0B | ||
| Q1 24 | $8.9B | $17.8B |
总资产SWKXEL
| Q4 25 | — | $81.4B | ||
| Q3 25 | $21.8B | $79.2B | ||
| Q2 25 | $22.5B | $75.3B | ||
| Q1 25 | $22.5B | $72.7B | ||
| Q4 24 | $21.8B | $70.0B | ||
| Q3 24 | $22.5B | $69.3B | ||
| Q2 24 | $22.5B | $67.9B | ||
| Q1 24 | $23.9B | $65.6B |
负债/权益比SWKXEL
| Q4 25 | — | 1.35× | ||
| Q3 25 | 0.59× | 1.51× | ||
| Q2 25 | 0.62× | 1.48× | ||
| Q1 25 | 0.63× | 1.48× | ||
| Q4 24 | 0.70× | 1.40× | ||
| Q3 24 | 0.69× | 1.42× | ||
| Q2 24 | 0.70× | 1.54× | ||
| Q1 24 | 0.69× | 1.48× |
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 | $209.0M |
| 自由现金流经营现金流 - 资本支出 | $155.3M | $-3.2B |
| 自由现金流率自由现金流/营收 | 4.1% | -90.7% |
| 资本支出强度资本支出/营收 | 1.8% | 96.5% |
| 现金转化率经营现金流/净利润 | 4.30× | 0.37× |
| 过去12个月自由现金流最近4个季度 | $369.6M | $-6.8B |
8季度趋势，按日历期对齐
经营现金流SWKXEL
| Q4 25 | — | $209.0M | ||
| Q3 25 | $221.2M | $1.8B | ||
| Q2 25 | $214.3M | $1.1B | ||
| Q1 25 | $-420.0M | $1.0B | ||
| Q4 24 | $679.1M | $664.0M | ||
| Q3 24 | $285.8M | $1.7B | ||
| Q2 24 | $573.0M | $1.2B | ||
| Q1 24 | $-431.0M | $1.1B |
自由现金流SWKXEL
| Q4 25 | — | $-3.2B | ||
| Q3 25 | $155.3M | $-1.3B | ||
| Q2 25 | $134.7M | $-1.3B | ||
| Q1 25 | $-485.0M | $-960.0M | ||
| Q4 24 | $564.6M | $-1.6B | ||
| Q3 24 | $199.3M | $-42.0M | ||
| Q2 24 | $485.8M | $-641.0M | ||
| Q1 24 | $-496.7M | $-487.0M |
自由现金流率SWKXEL
| Q4 25 | — | -90.7% | ||
| Q3 25 | 4.1% | -33.0% | ||
| Q2 25 | 3.4% | -40.9% | ||
| Q1 25 | -13.0% | -24.6% | ||
| Q4 24 | 15.2% | -49.8% | ||
| Q3 24 | 5.3% | -1.2% | ||
| Q2 24 | 12.1% | -21.2% | ||
| Q1 24 | -12.8% | -13.3% |
资本支出强度SWKXEL
| Q4 25 | — | 96.5% | ||
| Q3 25 | 1.8% | 78.0% | ||
| Q2 25 | 2.0% | 73.8% | ||
| Q1 25 | 1.7% | 50.9% | ||
| Q4 24 | 3.1% | 71.1% | ||
| Q3 24 | 2.3% | 48.8% | ||
| Q2 24 | 2.2% | 60.5% | ||
| Q1 24 | 1.7% | 42.1% |
现金转化率SWKXEL
| Q4 25 | — | 0.37× | ||
| Q3 25 | 4.30× | 3.37× | ||
| Q2 25 | 2.10× | 2.43× | ||
| Q1 25 | -4.65× | 2.13× | ||
| Q4 24 | 3.48× | 1.43× | ||
| Q3 24 | 3.14× | 2.55× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | -22.10× | 2.15× |
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% |
XEL
| Retail Distribution | $2.3B | 64% |
| Regulated Natural Gas Segment | $737.0M | 21% |
| Alternativeand Other | $212.0M | 6% |
| Transmission Services | $164.0M | 5% |
| Wholesale Distribution | $159.0M | 4% |
| Other Services | $8.0M | 0% |
