vs
西斯科（SYY）与T-Mobile US（TMUS）财务数据对比。点击上方公司名可切换其他公司
T-Mobile US的季度营收约是西斯科的1.1倍（$23.1B vs $20.8B），T-Mobile US净利率更高（10.8% vs 1.9%，领先9.0%），T-Mobile US同比增速更快（10.6% vs 3.0%），T-Mobile US自由现金流更多（$4.6B vs $385.0M），过去两年T-Mobile US的营收复合增速更高（8.1% vs 3.5%）
西斯科是总部位于美国得克萨斯州休斯敦能源走廊区的跨国企业，主要为餐厅、医疗机构、教育机构、体育场馆等各类提供餐食的场所销售配送食品产品，同时也供应餐饮服务相关用品及设备。
T-Mobile US是总部位于美国华盛顿州贝尔维尤的无线网络运营商，多数股权由德国电信巨头德国电信持有，为美国第二大无线通信服务商，截至2025年9月30日其用户规模达1.4亿，面向个人及商业客户提供高速移动通信等相关服务。
SYY vs TMUS — 直观对比
营收规模更大
TMUS
是对方的1.1倍
$20.8B
营收增速更快
TMUS
高出7.6%
3.0%
净利率更高
TMUS
高出9.0%
1.9%
自由现金流更多
TMUS
多$4.2B
$385.0M
两年增速更快
TMUS
近两年复合增速
3.5%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $20.8B | $23.1B |
| 净利润 | $389.0M | $2.5B |
| 毛利率 | 18.3% | — |
| 营业利润率 | 3.3% | 20.8% |
| 净利率 | 1.9% | 10.8% |
| 营收同比 | 3.0% | 10.6% |
| 净利润同比 | -4.2% | -15.2% |
| 每股收益（稀释后） | $0.81 | $2.27 |
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SYYTMUS
| Q1 26 | — | $23.1B | ||
| Q4 25 | $20.8B | $24.3B | ||
| Q3 25 | $21.1B | $22.0B | ||
| Q2 25 | $21.1B | $21.1B | ||
| Q1 25 | $19.6B | $20.9B | ||
| Q4 24 | $20.2B | $21.9B | ||
| Q3 24 | $20.5B | $20.2B | ||
| Q2 24 | $20.6B | $19.8B |
净利润SYYTMUS
| Q1 26 | — | $2.5B | ||
| Q4 25 | $389.0M | $2.1B | ||
| Q3 25 | $476.0M | $2.7B | ||
| Q2 25 | $531.0M | $3.2B | ||
| Q1 25 | $401.0M | $3.0B | ||
| Q4 24 | $406.0M | $3.0B | ||
| Q3 24 | $490.0M | $3.1B | ||
| Q2 24 | $611.7M | $2.9B |
毛利率SYYTMUS
| Q1 26 | — | — | ||
| Q4 25 | 18.3% | — | ||
| Q3 25 | 18.4% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 18.3% | — | ||
| Q4 24 | 18.1% | — | ||
| Q3 24 | 18.3% | — | ||
| Q2 24 | 18.7% | — |
营业利润率SYYTMUS
| Q1 26 | — | 20.8% | ||
| Q4 25 | 3.3% | 15.4% | ||
| Q3 25 | 3.8% | 20.6% | ||
| Q2 25 | 4.2% | 24.7% | ||
| Q1 25 | 3.5% | 23.0% | ||
| Q4 24 | 3.5% | 21.0% | ||
| Q3 24 | 3.9% | 23.8% | ||
| Q2 24 | 4.7% | 23.4% |
净利率SYYTMUS
| Q1 26 | — | 10.8% | ||
| Q4 25 | 1.9% | 8.6% | ||
| Q3 25 | 2.3% | 12.4% | ||
| Q2 25 | 2.5% | 15.2% | ||
| Q1 25 | 2.0% | 14.1% | ||
| Q4 24 | 2.0% | 13.6% | ||
| Q3 24 | 2.4% | 15.2% | ||
| Q2 24 | 3.0% | 14.8% |
每股收益（稀释后）SYYTMUS
| Q1 26 | — | $2.27 | ||
| Q4 25 | $0.81 | $1.89 | ||
| Q3 25 | $0.99 | $2.41 | ||
| Q2 25 | $1.10 | $2.84 | ||
| Q1 25 | $0.82 | $2.58 | ||
| Q4 24 | $0.82 | $2.56 | ||
| Q3 24 | $0.99 | $2.61 | ||
| Q2 24 | $1.23 | $2.49 |
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 | $1.2B | $3.5B |
| 总债务越低越好 | $12.4B | $86.0B |
| 股东权益账面价值 | $2.3B | $55.9B |
| 总资产 | $27.2B | $214.7B |
| 负债/权益比越低杠杆越低 | 5.45× | 1.54× |
8季度趋势，按日历期对齐
现金及短期投资SYYTMUS
| Q1 26 | — | $3.5B | ||
| Q4 25 | $1.2B | $5.6B | ||
| Q3 25 | $844.0M | $3.3B | ||
| Q2 25 | $1.1B | $10.3B | ||
| Q1 25 | $1.5B | $12.0B | ||
| Q4 24 | $793.0M | $5.4B | ||
| Q3 24 | $733.0M | $9.8B | ||
| Q2 24 | $696.0M | $6.4B |
总债务SYYTMUS
| Q1 26 | — | $86.0B | ||
| Q4 25 | $12.4B | $86.3B | ||
| Q3 25 | $11.5B | — | ||
| Q2 25 | $12.4B | — | ||
| Q1 25 | $12.2B | — | ||
| Q4 24 | $11.4B | $78.3B | ||
| Q3 24 | $11.9B | — | ||
| Q2 24 | $11.5B | — |
股东权益SYYTMUS
| Q1 26 | — | $55.9B | ||
| Q4 25 | $2.3B | $59.2B | ||
| Q3 25 | $2.1B | $60.5B | ||
| Q2 25 | $1.8B | $61.1B | ||
| Q1 25 | $1.9B | $61.1B | ||
| Q4 24 | $2.0B | $61.7B | ||
| Q3 24 | $2.2B | $64.3B | ||
| Q2 24 | $1.9B | $62.6B |
总资产SYYTMUS
| Q1 26 | — | $214.7B | ||
| Q4 25 | $27.2B | $219.2B | ||
| Q3 25 | $27.0B | $217.2B | ||
| Q2 25 | $26.8B | $212.6B | ||
| Q1 25 | $26.3B | $214.6B | ||
| Q4 24 | $25.3B | $208.0B | ||
| Q3 24 | $25.9B | $210.7B | ||
| Q2 24 | $24.9B | $208.6B |
负债/权益比SYYTMUS
| Q1 26 | — | 1.54× | ||
| Q4 25 | 5.45× | 1.46× | ||
| Q3 25 | 5.54× | — | ||
| Q2 25 | 6.75× | — | ||
| Q1 25 | 6.37× | — | ||
| Q4 24 | 5.66× | 1.27× | ||
| Q3 24 | 5.38× | — | ||
| Q2 24 | 6.19× | — |
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 | $525.0M | $7.2B |
| 自由现金流经营现金流 - 资本支出 | $385.0M | $4.6B |
| 自由现金流率自由现金流/营收 | 1.9% | 19.9% |
| 资本支出强度资本支出/营收 | 0.7% | 0.0% |
| 现金转化率经营现金流/净利润 | 1.35× | 2.88× |
| 过去12个月自由现金流最近4个季度 | $1.8B | $18.2B |
8季度趋势，按日历期对齐
经营现金流SYYTMUS
| Q1 26 | — | $7.2B | ||
| Q4 25 | $525.0M | $6.7B | ||
| Q3 25 | $86.0M | $7.5B | ||
| Q2 25 | $1.2B | $7.0B | ||
| Q1 25 | $819.0M | $6.8B | ||
| Q4 24 | $445.0M | $5.5B | ||
| Q3 24 | $53.0M | $6.1B | ||
| Q2 24 | $1.6B | $5.5B |
自由现金流SYYTMUS
| Q1 26 | — | $4.6B | ||
| Q4 25 | $385.0M | $4.2B | ||
| Q3 25 | $-74.0M | $4.8B | ||
| Q2 25 | $819.0M | $4.6B | ||
| Q1 25 | $620.0M | $4.4B | ||
| Q4 24 | $234.0M | $3.3B | ||
| Q3 24 | $-69.0M | $4.2B | ||
| Q2 24 | $1.3B | $3.5B |
自由现金流率SYYTMUS
| Q1 26 | — | 19.9% | ||
| Q4 25 | 1.9% | 17.2% | ||
| Q3 25 | -0.3% | 21.9% | ||
| Q2 25 | 3.9% | 21.7% | ||
| Q1 25 | 3.2% | 21.0% | ||
| Q4 24 | 1.2% | 15.3% | ||
| Q3 24 | -0.3% | 20.7% | ||
| Q2 24 | 6.4% | 17.6% |
资本支出强度SYYTMUS
| Q1 26 | — | 0.0% | ||
| Q4 25 | 0.7% | 10.1% | ||
| Q3 25 | 0.8% | 12.0% | ||
| Q2 25 | 1.8% | 11.3% | ||
| Q1 25 | 1.0% | 11.7% | ||
| Q4 24 | 1.0% | 10.1% | ||
| Q3 24 | 0.6% | 9.7% | ||
| Q2 24 | 1.5% | 10.3% |
现金转化率SYYTMUS
| Q1 26 | — | 2.88× | ||
| Q4 25 | 1.35× | 3.16× | ||
| Q3 25 | 0.18× | 2.75× | ||
| Q2 25 | 2.25× | 2.17× | ||
| Q1 25 | 2.04× | 2.32× | ||
| Q4 24 | 1.10× | 1.86× | ||
| Q3 24 | 0.11× | 2.01× | ||
| Q2 24 | 2.64× | 1.89× |
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
SYY
| International Foodservice Operations | $4.0B | 19% |
| Fresh And Frozen Meats1 | $3.0B | 14% |
| Canned And Dry Products1 | $2.7B | 13% |
| Sygma Segment | $2.1B | 10% |
| Frozen Fruits Vegetables Bakery And Other1 | $2.1B | 10% |
| Dairy Products1 | $1.5B | 7% |
| Poultry1 | $1.3B | 6% |
| Fresh Produce1 | $1.3B | 6% |
| Paper And Disposables1 | $1.0B | 5% |
| Seafood1 | $542.0M | 3% |
| Beverage Products1 | $390.0M | 2% |
| Other Products | $289.0M | 1% |
| Equipment And Smallwares | $286.0M | 1% |
TMUS
| Postpaid service revenues | $15.6B | 68% |
| Other | $7.5B | 32% |
