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摩森康胜饮品公司（TAP）与Veralto（VLTO）财务数据对比。点击上方公司名可切换其他公司
摩森康胜饮品公司的季度营收约是Veralto的1.9倍（$2.7B vs $1.4B），Veralto净利率更高（17.0% vs 5.5%，领先11.5%），Veralto同比增速更快（4.4% vs 2.0%），过去两年Veralto的营收复合增速更高（5.8% vs -15.8%）
摩森康胜饮品公司是一家美加合资的跨国饮料酿造企业，旗下拥有多款知名酒精及非酒精饮品产品线，业务覆盖全球多个国家和地区，目前在伊利诺伊州芝加哥与魁北克省蒙特利尔设有双总部。
Veralto是总部位于美国马萨诸塞州沃尔瑟姆的科技企业，核心业务覆盖水分析、水处理、标识喷码、包装及色彩管理相关产品的研发与生产，面向全球多领域客户提供适配的技术产品及配套服务。
TAP vs VLTO — 直观对比
营收规模更大
TAP
是对方的1.9倍
$1.4B
营收增速更快
VLTO
高出2.3%
2.0%
净利率更高
VLTO
高出11.5%
5.5%
两年增速更快
VLTO
近两年复合增速
-15.8%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $1.4B |
| 净利润 | $150.1M | $239.0M |
| 毛利率 | 33.0% | 60.1% |
| 营业利润率 | — | 23.2% |
| 净利率 | 5.5% | 17.0% |
| 营收同比 | 2.0% | 4.4% |
| 净利润同比 | 25.0% | 5.3% |
| 每股收益（稀释后） | $0.80 | $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TAPVLTO
| Q1 26 | $2.7B | — | ||
| Q4 25 | $3.1B | $1.4B | ||
| Q3 25 | $3.5B | $1.4B | ||
| Q2 25 | $3.7B | $1.3B | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $3.2B | $1.3B | ||
| Q3 24 | $3.6B | $1.3B | ||
| Q2 24 | $3.8B | $1.3B |
净利润TAPVLTO
| Q1 26 | $150.1M | — | ||
| Q4 25 | $238.3M | $239.0M | ||
| Q3 25 | $-2.9B | $222.0M | ||
| Q2 25 | $428.7M | $225.0M | ||
| Q1 25 | $121.0M | — | ||
| Q4 24 | $287.8M | $227.0M | ||
| Q3 24 | $199.8M | $219.0M | ||
| Q2 24 | $427.0M | $203.0M |
毛利率TAPVLTO
| Q1 26 | 33.0% | — | ||
| Q4 25 | 31.0% | 60.1% | ||
| Q3 25 | 33.7% | 60.0% | ||
| Q2 25 | 34.3% | 60.4% | ||
| Q1 25 | 31.6% | — | ||
| Q4 24 | 32.0% | 59.6% | ||
| Q3 24 | 33.4% | 59.6% | ||
| Q2 24 | 34.6% | 60.1% |
营业利润率TAPVLTO
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 23.2% | ||
| Q3 25 | -98.5% | 22.8% | ||
| Q2 25 | 15.6% | 24.2% | ||
| Q1 25 | 6.9% | — | ||
| Q4 24 | 12.0% | 22.9% | ||
| Q3 24 | 12.5% | 23.4% | ||
| Q2 24 | 15.6% | 23.2% |
净利率TAPVLTO
| Q1 26 | 5.5% | — | ||
| Q4 25 | 7.6% | 17.0% | ||
| Q3 25 | -84.0% | 16.2% | ||
| Q2 25 | 11.5% | 16.9% | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 8.9% | 16.9% | ||
| Q3 24 | 5.5% | 16.7% | ||
| Q2 24 | 11.1% | 15.8% |
每股收益（稀释后）TAPVLTO
| Q1 26 | $0.80 | — | ||
| Q4 25 | $1.32 | $0.95 | ||
| Q3 25 | $-14.79 | $0.89 | ||
| Q2 25 | $2.13 | $0.90 | ||
| Q1 25 | $0.59 | — | ||
| Q4 24 | $1.39 | $0.91 | ||
| Q3 24 | $0.96 | $0.88 | ||
| Q2 24 | $2.03 | $0.81 |
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 | $382.6M | $1.8B |
| 总债务越低越好 | $3.8B | $2.7B |
| 股东权益账面价值 | $10.3B | $2.8B |
| 总资产 | $22.4B | $7.4B |
| 负债/权益比越低杠杆越低 | 0.38× | 0.94× |
8季度趋势，按日历期对齐
现金及短期投资TAPVLTO
| Q1 26 | $382.6M | — | ||
| Q4 25 | $896.5M | $1.8B | ||
| Q3 25 | $950.2M | $1.6B | ||
| Q2 25 | $613.8M | $1.2B | ||
| Q1 25 | $412.7M | — | ||
| Q4 24 | $969.3M | $1.1B | ||
| Q3 24 | $1.0B | $1.3B | ||
| Q2 24 | $1.6B | $1.0B |
总债务TAPVLTO
| Q1 26 | $3.8B | — | ||
| Q4 25 | $6.3B | $2.7B | ||
| Q3 25 | $6.3B | $2.7B | ||
| Q2 25 | $6.3B | $2.6B | ||
| Q1 25 | $6.2B | — | ||
| Q4 24 | $6.1B | $2.6B | ||
| Q3 24 | $6.2B | $2.6B | ||
| Q2 24 | $7.0B | $2.6B |
股东权益TAPVLTO
| Q1 26 | $10.3B | — | ||
| Q4 25 | $10.2B | $2.8B | ||
| Q3 25 | $10.3B | $2.7B | ||
| Q2 25 | $13.4B | $2.3B | ||
| Q1 25 | $13.1B | — | ||
| Q4 24 | $13.1B | $2.0B | ||
| Q3 24 | $13.3B | $2.0B | ||
| Q2 24 | $13.2B | $1.7B |
总资产TAPVLTO
| Q1 26 | $22.4B | — | ||
| Q4 25 | $22.7B | $7.4B | ||
| Q3 25 | $22.9B | $7.2B | ||
| Q2 25 | $26.8B | $6.6B | ||
| Q1 25 | $25.9B | — | ||
| Q4 24 | $26.1B | $6.4B | ||
| Q3 24 | $26.6B | $6.3B | ||
| Q2 24 | $27.4B | $5.9B |
负债/权益比TAPVLTO
| Q1 26 | 0.38× | — | ||
| Q4 25 | 0.61× | 0.94× | ||
| Q3 25 | 0.61× | 1.01× | ||
| Q2 25 | 0.47× | 1.14× | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.47× | 1.28× | ||
| Q3 24 | 0.47× | 1.35× | ||
| Q2 24 | 0.53× | 1.57× |
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 | — | $270.0M |
| 自由现金流经营现金流 - 资本支出 | — | $258.0M |
| 自由现金流率自由现金流/营收 | — | 18.4% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $986.0M |
8季度趋势，按日历期对齐
经营现金流TAPVLTO
| Q1 26 | — | — | ||
| Q4 25 | $540.7M | $270.0M | ||
| Q3 25 | $616.1M | $339.0M | ||
| Q2 25 | $718.3M | $157.0M | ||
| Q1 25 | $-90.7M | — | ||
| Q4 24 | $494.5M | $285.0M | ||
| Q3 24 | $521.2M | $224.0M | ||
| Q2 24 | $869.2M | $251.0M |
自由现金流TAPVLTO
| Q1 26 | — | — | ||
| Q4 25 | $357.8M | $258.0M | ||
| Q3 25 | $483.0M | $323.0M | ||
| Q2 25 | $555.0M | $142.0M | ||
| Q1 25 | $-328.0M | — | ||
| Q4 24 | $383.4M | $263.0M | ||
| Q3 24 | $350.4M | $215.0M | ||
| Q2 24 | $691.7M | $240.0M |
自由现金流率TAPVLTO
| Q1 26 | — | — | ||
| Q4 25 | 11.4% | 18.4% | ||
| Q3 25 | 13.9% | 23.6% | ||
| Q2 25 | 14.8% | 10.7% | ||
| Q1 25 | -12.2% | — | ||
| Q4 24 | 11.8% | 19.6% | ||
| Q3 24 | 9.7% | 16.4% | ||
| Q2 24 | 18.0% | 18.6% |
资本支出强度TAPVLTO
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | 0.9% | ||
| Q3 25 | 3.8% | 1.2% | ||
| Q2 25 | 4.4% | 1.1% | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | 3.4% | 1.6% | ||
| Q3 24 | 4.7% | 0.7% | ||
| Q2 24 | 4.6% | 0.9% |
现金转化率TAPVLTO
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 1.13× | ||
| Q3 25 | — | 1.53× | ||
| Q2 25 | 1.68× | 0.70× | ||
| Q1 25 | -0.75× | — | ||
| Q4 24 | 1.72× | 1.26× | ||
| Q3 24 | 2.61× | 1.02× | ||
| Q2 24 | 2.04× | 1.24× |
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
TAP
暂无分部数据
VLTO
| Product Quality And Innovation Segment | $548.0M | 39% |
| Revenuefrom Contractwith Customer Measurement Recurring | $521.0M | 37% |
| Revenuefrom Contractwith Customer Measurement Nonrecurring | $335.0M | 24% |
