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TELUS CORP（TU）与Wabtec（WAB）财务数据对比。点击上方公司名可切换其他公司
TELUS CORP的季度营收约是Wabtec的1.3倍（$3.7B vs $3.0B），Wabtec净利率更高（12.3% vs -4.8%，领先17.1%），Wabtec同比增速更快（13.0% vs 2.2%）
TELUS是加拿大上市综合控股集团，总部位于不列颠哥伦比亚省温哥华。旗下业务涵盖四大板块：通信业务提供固话、电视、数据及互联网服务；移动业务提供无线通信服务；健康板块提供医疗产品及服务；数字业务面向全球提供多语种客户服务外包与数字IT服务。
西屋空气制动技术公司（通称Wabtec）是美国知名轨道交通设备企业，1999年由西屋空气制动公司（WABCO）与动力设备厂商MotivePower合并组建，总部设于宾夕法尼亚州匹兹堡，在全球轨交制动系统、牵引动力设备等领域拥有领先的技术实力与市场份额。
TU vs WAB — 直观对比
营收规模更大
TU
是对方的1.3倍
$3.0B
营收增速更快
WAB
高出10.9%
2.2%
净利率更高
WAB
高出17.1%
-4.8%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.7B | $3.0B |
| 净利润 | $-178.8M | $363.0M |
| 毛利率 | 90.2% | 36.0% |
| 营业利润率 | 3.4% | 17.5% |
| 净利率 | -4.8% | 12.3% |
| 营收同比 | 2.2% | 13.0% |
| 净利润同比 | -210.9% | 11.0% |
| 每股收益（稀释后） | — | $2.12 |
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TUWAB
| Q1 26 | — | $3.0B | ||
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | $3.7B | $2.7B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $3.6B | $2.6B |
净利润TUWAB
| Q1 26 | — | $363.0M | ||
| Q4 25 | — | $202.0M | ||
| Q3 25 | — | $310.0M | ||
| Q2 25 | $-178.8M | $336.0M | ||
| Q1 25 | — | $322.0M | ||
| Q4 24 | — | $212.0M | ||
| Q3 24 | — | $283.0M | ||
| Q2 24 | $161.3M | $289.0M |
毛利率TUWAB
| Q1 26 | — | 36.0% | ||
| Q4 25 | — | 32.6% | ||
| Q3 25 | — | 34.7% | ||
| Q2 25 | 90.2% | 34.7% | ||
| Q1 25 | — | 34.5% | ||
| Q4 24 | — | 30.9% | ||
| Q3 24 | — | 33.0% | ||
| Q2 24 | 87.9% | 33.1% |
营业利润率TUWAB
| Q1 26 | — | 17.5% | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 17.0% | ||
| Q2 25 | 3.4% | 17.4% | ||
| Q1 25 | — | 18.2% | ||
| Q4 24 | — | 12.9% | ||
| Q3 24 | — | 16.3% | ||
| Q2 24 | 13.7% | 16.3% |
净利率TUWAB
| Q1 26 | — | 12.3% | ||
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | -4.8% | 12.4% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | — | 10.6% | ||
| Q2 24 | 4.4% | 10.9% |
每股收益（稀释后）TUWAB
| Q1 26 | — | $2.12 | ||
| Q4 25 | — | $1.18 | ||
| Q3 25 | — | $1.81 | ||
| Q2 25 | — | $1.96 | ||
| Q1 25 | — | $1.88 | ||
| Q4 24 | — | $1.24 | ||
| Q3 24 | — | $1.63 | ||
| Q2 24 | — | $1.64 |
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 | $2.7B | — |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $11.8B | $11.1B |
| 总资产 | $44.3B | $23.2B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资TUWAB
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $676.7M | — |
总债务TUWAB
| Q1 26 | — | $4.7B | ||
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.0B |
股东权益TUWAB
| Q1 26 | — | $11.1B | ||
| Q4 25 | — | $11.1B | ||
| Q3 25 | — | $11.0B | ||
| Q2 25 | $11.8B | $10.8B | ||
| Q1 25 | — | $10.4B | ||
| Q4 24 | — | $10.1B | ||
| Q3 24 | — | $10.3B | ||
| Q2 24 | $12.4B | $10.5B |
总资产TUWAB
| Q1 26 | — | $23.2B | ||
| Q4 25 | — | $22.1B | ||
| Q3 25 | — | $21.5B | ||
| Q2 25 | $44.3B | $20.4B | ||
| Q1 25 | — | $19.1B | ||
| Q4 24 | — | $18.7B | ||
| Q3 24 | — | $18.6B | ||
| Q2 24 | $41.8B | $18.9B |
负债/权益比TUWAB
| Q1 26 | — | 0.42× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.38× |
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 | $851.2M | $199.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.55× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流TUWAB
| Q1 26 | — | $199.0M | ||
| Q4 25 | — | $992.0M | ||
| Q3 25 | — | $367.0M | ||
| Q2 25 | $851.2M | $209.0M | ||
| Q1 25 | — | $191.0M | ||
| Q4 24 | — | $723.0M | ||
| Q3 24 | — | $542.0M | ||
| Q2 24 | $1.0B | $235.0M |
自由现金流TUWAB
| Q1 26 | — | — | ||
| Q4 25 | — | $870.0M | ||
| Q3 25 | — | $312.0M | ||
| Q2 25 | — | $170.0M | ||
| Q1 25 | — | $147.0M | ||
| Q4 24 | — | $639.0M | ||
| Q3 24 | — | $496.0M | ||
| Q2 24 | — | $189.0M |
自由现金流率TUWAB
| Q1 26 | — | — | ||
| Q4 25 | — | 29.3% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | 24.7% | ||
| Q3 24 | — | 18.6% | ||
| Q2 24 | — | 7.1% |
资本支出强度TUWAB
| Q1 26 | — | — | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.7% |
现金转化率TUWAB
| Q1 26 | — | 0.55× | ||
| Q4 25 | — | 4.91× | ||
| Q3 25 | — | 1.18× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.59× | ||
| Q4 24 | — | 3.41× | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | 6.28× | 0.81× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
