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Stryker Corporation（SYK）与United Rentals（URI）财务数据对比。点击上方公司名可切换其他公司
Stryker Corporation的季度营收约是United Rentals的1.8倍（$7.2B vs $4.0B），United Rentals净利率更高（13.3% vs 11.8%，领先1.5%），Stryker Corporation同比增速更快（11.4% vs 7.2%），Stryker Corporation自由现金流更多（$1.9B vs $1.1B），过去两年United Rentals的营收复合增速更高（114.0% vs 16.9%）
斯特赖克是一款八轮装甲战车，衍生自加拿大LAV III步兵战车，而后者源自瑞士莫瓦格食人鱼系列装甲车。该型战车由加拿大通用动力陆地系统公司为美国陆军生产，制造工厂位于安大略省伦敦市。它默认采用8×4四轮驱动，可切换为8×8全轮驱动模式。
United Rentals是美国设备租赁企业，2022年占据北美市场约16%的份额。截至2025年，该公司拥有全球规模最大的租赁车队，覆盖约4800类设备，原始设备成本总计约205.9亿美元，在全球共设1625个营业网点，业务覆盖北美、欧洲、澳大利亚及新西兰。
SYK vs URI — 直观对比
营收规模更大
SYK
是对方的1.8倍
$4.0B
营收增速更快
SYK
高出4.3%
7.2%
净利率更高
URI
高出1.5%
11.8%
自由现金流更多
SYK
多$821.0M
$1.1B
两年增速更快
URI
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.2B | $4.0B |
| 净利润 | $849.0M | $531.0M |
| 毛利率 | 64.5% | 36.9% |
| 营业利润率 | 25.2% | 21.8% |
| 净利率 | 11.8% | 13.3% |
| 营收同比 | 11.4% | 7.2% |
| 净利润同比 | 55.5% | 2.5% |
| 每股收益（稀释后） | $2.20 | $8.43 |
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SYKURI
| Q1 26 | — | $4.0B | ||
| Q4 25 | $7.2B | $992.0M | ||
| Q3 25 | $6.1B | $938.0M | ||
| Q2 25 | $6.0B | $872.0M | ||
| Q1 25 | $5.9B | $893.0M | ||
| Q4 24 | $6.4B | $1.0B | ||
| Q3 24 | $5.5B | $874.0M | ||
| Q2 24 | $5.4B | $870.0M |
净利润SYKURI
| Q1 26 | — | $531.0M | ||
| Q4 25 | $849.0M | $653.0M | ||
| Q3 25 | $859.0M | $701.0M | ||
| Q2 25 | $884.0M | $622.0M | ||
| Q1 25 | $654.0M | $518.0M | ||
| Q4 24 | $546.0M | $689.0M | ||
| Q3 24 | $834.0M | $708.0M | ||
| Q2 24 | $825.0M | $636.0M |
毛利率SYKURI
| Q1 26 | — | 36.9% | ||
| Q4 25 | 64.5% | — | ||
| Q3 25 | 63.6% | — | ||
| Q2 25 | 63.8% | — | ||
| Q1 25 | 63.8% | — | ||
| Q4 24 | 64.9% | — | ||
| Q3 24 | 64.0% | — | ||
| Q2 24 | 63.0% | — |
营业利润率SYKURI
| Q1 26 | — | 21.8% | ||
| Q4 25 | 25.2% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | 14.3% | 90.0% | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 19.7% | — | ||
| Q2 24 | 19.4% | — |
净利率SYKURI
| Q1 26 | — | 13.3% | ||
| Q4 25 | 11.8% | 65.8% | ||
| Q3 25 | 14.2% | 74.7% | ||
| Q2 25 | 14.7% | 71.3% | ||
| Q1 25 | 11.1% | 58.0% | ||
| Q4 24 | 8.5% | 67.6% | ||
| Q3 24 | 15.2% | 81.0% | ||
| Q2 24 | 15.2% | 73.1% |
每股收益（稀释后）SYKURI
| Q1 26 | — | $8.43 | ||
| Q4 25 | $2.20 | $10.20 | ||
| Q3 25 | $2.22 | $10.91 | ||
| Q2 25 | $2.29 | $9.59 | ||
| Q1 25 | $1.69 | $7.91 | ||
| Q4 24 | $1.41 | $10.41 | ||
| Q3 24 | $2.16 | $10.70 | ||
| Q2 24 | $2.14 | $9.54 |
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 | $4.0B | $156.0M |
| 总债务越低越好 | — | $13.9B |
| 股东权益账面价值 | $22.4B | $9.0B |
| 总资产 | $47.8B | $29.9B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资SYKURI
| Q1 26 | — | $156.0M | ||
| Q4 25 | $4.0B | $459.0M | ||
| Q3 25 | $3.3B | $512.0M | ||
| Q2 25 | $2.4B | $548.0M | ||
| Q1 25 | $2.3B | $542.0M | ||
| Q4 24 | $3.7B | $457.0M | ||
| Q3 24 | $3.9B | $479.0M | ||
| Q2 24 | $1.9B | $467.0M |
总债务SYKURI
| Q1 26 | — | $13.9B | ||
| Q4 25 | — | $12.7B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $11.5B | ||
| Q4 24 | — | $12.2B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $11.5B |
股东权益SYKURI
| Q1 26 | — | $9.0B | ||
| Q4 25 | $22.4B | $9.0B | ||
| Q3 25 | $21.8B | $9.0B | ||
| Q2 25 | $21.2B | $9.0B | ||
| Q1 25 | $20.9B | $8.8B | ||
| Q4 24 | $20.6B | $8.6B | ||
| Q3 24 | $20.1B | $8.6B | ||
| Q2 24 | $19.8B | $8.3B |
总资产SYKURI
| Q1 26 | — | $29.9B | ||
| Q4 25 | $47.8B | $29.9B | ||
| Q3 25 | $47.1B | $30.1B | ||
| Q2 25 | $46.3B | $29.2B | ||
| Q1 25 | $46.0B | $28.1B | ||
| Q4 24 | $43.0B | $28.2B | ||
| Q3 24 | $43.8B | $28.4B | ||
| Q2 24 | $39.1B | $27.6B |
负债/权益比SYKURI
| Q1 26 | — | 1.55× | ||
| Q4 25 | — | 1.41× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.34× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | — | 1.39× |
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 | $2.1B | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $1.9B | $1.1B |
| 自由现金流率自由现金流/营收 | 26.1% | 26.4% |
| 资本支出强度资本支出/营收 | 3.7% | — |
| 现金转化率经营现金流/净利润 | 2.52× | 2.85× |
| 过去12个月自由现金流最近4个季度 | $4.3B | — |
8季度趋势，按日历期对齐
经营现金流SYKURI
| Q1 26 | — | $1.5B | ||
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $250.0M | $1.4B | ||
| Q4 24 | $1.9B | $1.0B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $633.0M | $1.3B |
自由现金流SYKURI
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $928.0M | — | ||
| Q1 25 | $127.0M | — | ||
| Q4 24 | $1.7B | $471.0M | ||
| Q3 24 | $1.3B | $-168.0M | ||
| Q2 24 | $481.0M | $-263.0M |
自由现金流率SYKURI
| Q1 26 | — | 26.4% | ||
| Q4 25 | 26.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 15.4% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 25.9% | 46.2% | ||
| Q3 24 | 23.7% | -19.2% | ||
| Q2 24 | 8.9% | -30.2% |
资本支出强度SYKURI
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 4.1% | 56.6% | ||
| Q3 24 | 3.1% | 157.0% | ||
| Q2 24 | 2.8% | 175.6% |
现金转化率SYKURI
| Q1 26 | — | 2.85× | ||
| Q4 25 | 2.52× | 1.92× | ||
| Q3 25 | 1.79× | 1.68× | ||
| Q2 25 | 1.26× | 2.14× | ||
| Q1 25 | 0.38× | 2.75× | ||
| Q4 24 | 3.54× | 1.52× | ||
| Q3 24 | 1.77× | 1.70× | ||
| Q2 24 | 0.77× | 1.99× |
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
SYK
| Medical | $1.3B | 18% |
| Endoscopy | $1.1B | 16% |
| Traumaand Extremities | $1.1B | 15% |
| Instruments | $925.0M | 13% |
| Knees | $749.0M | 10% |
| Neuro Cranial | $669.0M | 9% |
| Neurovascular | $539.0M | 8% |
| Hips | $499.0M | 7% |
| Other Orthopaedics | $267.0M | 4% |
| Spine | $8.0M | 0% |
URI
| Equipment rentals | $3.4B | 86% |
| Sales of rental equipment | $350.0M | 9% |
| Service and other revenues | $92.0M | 2% |
| Sales of new equipment | $84.0M | 2% |
| Contractor supplies sales | $40.0M | 1% |
