vs
Truist Financial（TFC）与硕腾（ZTS）财务数据对比。点击上方公司名可切换其他公司
Truist Financial的季度营收约是硕腾的1.6倍（$3.7B vs $2.4B），Truist Financial净利率更高（36.6% vs 25.3%，领先11.3%），Truist Financial同比增速更快（3.1% vs 3.0%），过去两年Truist Financial的营收复合增速更高（4.8% vs 4.4%）
Truist Financial是美国银行控股公司，总部位于北卡罗来纳州夏洛特，2019年12月由BB&T与SunTrust合并组建。旗下银行在15个州及华盛顿特区共运营1928家网点，提供零售、商业、投资银行、证券经纪、资产管理、抵押贷款、保险等多元金融产品服务，为美国第十大银行，总资产达5230亿美元。
硕腾是全球规模最大的动物保健制药企业，专注于宠物与家畜用药品、疫苗的研发和生产，前身为制药巨头辉瑞旗下的动物保健业务板块，辉瑞剥离多数股权后成为完全独立的企业。目前公司产品直销约45个国家，在全球超过100个国家和地区销售，海外业务占总营收的50%左右。
TFC vs ZTS — 直观对比
营收规模更大
TFC
是对方的1.6倍
$2.4B
营收增速更快
TFC
高出0.0%
3.0%
净利率更高
TFC
高出11.3%
25.3%
两年增速更快
TFC
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.7B | $2.4B |
| 净利润 | $1.4B | $603.0M |
| 毛利率 | — | 70.2% |
| 营业利润率 | 42.3% | 31.9% |
| 净利率 | 36.6% | 25.3% |
| 营收同比 | 3.1% | 3.0% |
| 净利润同比 | 6.1% | 3.8% |
| 每股收益（稀释后） | $1.01 | $1.37 |
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TFCZTS
| Q4 25 | $3.7B | $2.4B | ||
| Q3 25 | $3.6B | $2.4B | ||
| Q2 25 | $3.6B | $2.5B | ||
| Q1 25 | $3.5B | $2.2B | ||
| Q4 24 | $3.6B | $2.3B | ||
| Q3 24 | $3.6B | $2.4B | ||
| Q2 24 | $3.5B | $2.4B | ||
| Q1 24 | $3.4B | $2.2B |
净利润TFCZTS
| Q4 25 | $1.4B | $603.0M | ||
| Q3 25 | $1.5B | $721.0M | ||
| Q2 25 | $1.2B | $718.0M | ||
| Q1 25 | $1.3B | $631.0M | ||
| Q4 24 | $1.3B | $581.0M | ||
| Q3 24 | $1.4B | $682.0M | ||
| Q2 24 | $922.0M | $624.0M | ||
| Q1 24 | $1.2B | $599.0M |
毛利率TFCZTS
| Q4 25 | — | 70.2% | ||
| Q3 25 | — | 71.5% | ||
| Q2 25 | — | 73.6% | ||
| Q1 25 | — | 72.0% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 71.7% | ||
| Q1 24 | — | 70.6% |
营业利润率TFCZTS
| Q4 25 | 42.3% | 31.9% | ||
| Q3 25 | 47.9% | 37.0% | ||
| Q2 25 | 42.2% | 36.7% | ||
| Q1 25 | 43.8% | 36.5% | ||
| Q4 24 | 43.3% | 31.6% | ||
| Q3 24 | 47.5% | 36.6% | ||
| Q2 24 | -148.3% | 33.0% | ||
| Q1 24 | 40.5% | 34.1% |
净利率TFCZTS
| Q4 25 | 36.6% | 25.3% | ||
| Q3 25 | 40.0% | 30.0% | ||
| Q2 25 | 34.6% | 29.2% | ||
| Q1 25 | 36.0% | 28.4% | ||
| Q4 24 | 35.5% | 25.1% | ||
| Q3 24 | 40.0% | 28.6% | ||
| Q2 24 | 26.1% | 26.4% | ||
| Q1 24 | 35.6% | 27.4% |
每股收益（稀释后）TFCZTS
| Q4 25 | $1.01 | $1.37 | ||
| Q3 25 | $1.04 | $1.63 | ||
| Q2 25 | $0.90 | $1.61 | ||
| Q1 25 | $0.87 | $1.41 | ||
| Q4 24 | $0.94 | $1.29 | ||
| Q3 24 | $0.99 | $1.50 | ||
| Q2 24 | $0.62 | $1.37 | ||
| Q1 24 | $0.81 | $1.31 |
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 | — | — |
| 总债务越低越好 | $42.0B | — |
| 股东权益账面价值 | $65.2B | $3.3B |
| 总资产 | $547.5B | $15.5B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资TFCZTS
| Q4 25 | — | — | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $2.0B |
总债务TFCZTS
| Q4 25 | $42.0B | — | ||
| Q3 25 | $41.7B | — | ||
| Q2 25 | $44.4B | — | ||
| Q1 25 | $32.0B | — | ||
| Q4 24 | $35.0B | — | ||
| Q3 24 | $36.8B | — | ||
| Q2 24 | $34.6B | — | ||
| Q1 24 | $39.1B | — |
股东权益TFCZTS
| Q4 25 | $65.2B | $3.3B | ||
| Q3 25 | $65.6B | $5.4B | ||
| Q2 25 | $64.8B | $5.0B | ||
| Q1 25 | $64.6B | $4.7B | ||
| Q4 24 | $63.7B | $4.8B | ||
| Q3 24 | $65.7B | $5.2B | ||
| Q2 24 | $63.8B | $5.0B | ||
| Q1 24 | $59.1B | $5.1B |
总资产TFCZTS
| Q4 25 | $547.5B | $15.5B | ||
| Q3 25 | $543.9B | $15.2B | ||
| Q2 25 | $543.8B | $14.5B | ||
| Q1 25 | $535.9B | $14.1B | ||
| Q4 24 | $531.2B | $14.2B | ||
| Q3 24 | $523.4B | $14.4B | ||
| Q2 24 | $519.9B | $14.2B | ||
| Q1 24 | $535.0B | $14.3B |
负债/权益比TFCZTS
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.64× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.55× | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | 0.66× | — |
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 | $2.6B | $893.0M |
| 自由现金流经营现金流 - 资本支出 | — | $732.0M |
| 自由现金流率自由现金流/营收 | — | 30.7% |
| 资本支出强度资本支出/营收 | — | 6.7% |
| 现金转化率经营现金流/净利润 | 1.91× | 1.48× |
| 过去12个月自由现金流最近4个季度 | — | $2.3B |
8季度趋势，按日历期对齐
经营现金流TFCZTS
| Q4 25 | $2.6B | $893.0M | ||
| Q3 25 | $1.5B | $938.0M | ||
| Q2 25 | $914.0M | $486.0M | ||
| Q1 25 | $746.0M | $587.0M | ||
| Q4 24 | $775.0M | $905.0M | ||
| Q3 24 | $1.5B | $951.0M | ||
| Q2 24 | $845.0M | $502.0M | ||
| Q1 24 | $-990.0M | $595.0M |
自由现金流TFCZTS
| Q4 25 | — | $732.0M | ||
| Q3 25 | — | $805.0M | ||
| Q2 25 | — | $308.0M | ||
| Q1 25 | — | $438.0M | ||
| Q4 24 | — | $689.0M | ||
| Q3 24 | — | $784.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $455.0M |
自由现金流率TFCZTS
| Q4 25 | — | 30.7% | ||
| Q3 25 | — | 33.5% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 19.7% | ||
| Q4 24 | — | 29.7% | ||
| Q3 24 | — | 32.8% | ||
| Q2 24 | — | 15.7% | ||
| Q1 24 | — | 20.8% |
资本支出强度TFCZTS
| Q4 25 | — | 6.7% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 7.2% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 5.6% | ||
| Q1 24 | — | 6.4% |
现金转化率TFCZTS
| Q4 25 | 1.91× | 1.48× | ||
| Q3 25 | 1.03× | 1.30× | ||
| Q2 25 | 0.74× | 0.68× | ||
| Q1 25 | 0.59× | 0.93× | ||
| Q4 24 | 0.61× | 1.56× | ||
| Q3 24 | 1.06× | 1.39× | ||
| Q2 24 | 0.92× | 0.80× | ||
| Q1 24 | -0.82× | 0.99× |
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
TFC
暂无分部数据
ZTS
| Other | $1.3B | 56% |
| Livestock | $234.0M | 10% |
| Pain Sedation | $209.0M | 9% |
| Other Pharmaceuticals | $188.0M | 8% |
| Swine | $125.0M | 5% |
| Poultry | $117.0M | 5% |
| Fish | $81.0M | 3% |
| Other Non Pharmaceuticals | $70.0M | 3% |
| Manufactured Product Other | $18.0M | 1% |
| Medicated Feed Additives | $12.0M | 1% |
