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安捷伦科技（A）与雷诺士国际（LII）财务数据对比。点击上方公司名可切换其他公司
安捷伦科技的季度营收约是雷诺士国际的1.5倍（$1.8B vs $1.2B），安捷伦科技净利率更高（17.0% vs 13.6%，领先3.4%），安捷伦科技同比增速更快（7.0% vs -11.2%），雷诺士国际自由现金流更多（$376.7M vs $175.0M），过去两年安捷伦科技的营收复合增速更高（6.9% vs 6.8%）
安捷伦科技是全球知名的生命科学、诊断与应用化学领域解决方案提供商，旗下生命科学与应用市场业务板块提供液相色谱系统及组件、液相色谱质谱联用系统、气相色谱设备、电感耦合等离子体质谱仪、原子吸收仪等多种分析检测仪器，服务全球各领域客户。
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
A vs LII — 直观对比
营收规模更大
A
是对方的1.5倍
$1.2B
营收增速更快
A
高出18.1%
-11.2%
净利率更高
A
高出3.4%
13.6%
自由现金流更多
LII
多$201.7M
$175.0M
两年增速更快
A
近两年复合增速
6.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.2B |
| 净利润 | $305.0M | $162.1M |
| 毛利率 | 52.6% | 34.7% |
| 营业利润率 | 19.6% | 18.6% |
| 净利率 | 17.0% | 13.6% |
| 营收同比 | 7.0% | -11.2% |
| 净利润同比 | -4.1% | -18.0% |
| 每股收益（稀释后） | $1.07 | $4.62 |
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ALII
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.7B | $1.1B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.6B | $1.5B |
净利润ALII
| Q1 26 | $305.0M | — | ||
| Q4 25 | $434.0M | $162.1M | ||
| Q3 25 | $336.0M | $245.8M | ||
| Q2 25 | $215.0M | $277.6M | ||
| Q1 25 | $318.0M | $120.3M | ||
| Q4 24 | $351.0M | $197.7M | ||
| Q3 24 | $282.0M | $239.0M | ||
| Q2 24 | $308.0M | $245.9M |
毛利率ALII
| Q1 26 | 52.6% | — | ||
| Q4 25 | 53.2% | 34.7% | ||
| Q3 25 | 51.1% | 32.8% | ||
| Q2 25 | 51.9% | 34.8% | ||
| Q1 25 | 53.5% | 30.6% | ||
| Q4 24 | 53.9% | 33.9% | ||
| Q3 24 | 54.2% | 32.6% | ||
| Q2 24 | 54.4% | 33.6% |
营业利润率ALII
| Q1 26 | 19.6% | — | ||
| Q4 25 | 23.8% | 18.6% | ||
| Q3 25 | 20.7% | 21.7% | ||
| Q2 25 | 18.0% | 23.6% | ||
| Q1 25 | 22.4% | 14.5% | ||
| Q4 24 | 24.0% | 18.2% | ||
| Q3 24 | 21.1% | 20.2% | ||
| Q2 24 | 23.1% | 22.1% |
净利率ALII
| Q1 26 | 17.0% | — | ||
| Q4 25 | 23.3% | 13.6% | ||
| Q3 25 | 19.3% | 17.2% | ||
| Q2 25 | 12.9% | 18.5% | ||
| Q1 25 | 18.9% | 11.2% | ||
| Q4 24 | 20.6% | 14.7% | ||
| Q3 24 | 17.9% | 16.0% | ||
| Q2 24 | 19.6% | 16.9% |
每股收益（稀释后）ALII
| Q1 26 | $1.07 | — | ||
| Q4 25 | $1.53 | $4.62 | ||
| Q3 25 | $1.18 | $6.98 | ||
| Q2 25 | $0.75 | $7.82 | ||
| Q1 25 | $1.11 | $3.37 | ||
| Q4 24 | $1.23 | $5.52 | ||
| Q3 24 | $0.97 | $6.68 | ||
| Q2 24 | $1.05 | $6.87 |
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 | $1.8B | $34.7M |
| 总债务越低越好 | $3.0B | $1.1B |
| 股东权益账面价值 | $6.9B | $1.2B |
| 总资产 | $12.8B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资ALII
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $34.7M | ||
| Q3 25 | $1.5B | $59.2M | ||
| Q2 25 | $1.5B | $55.1M | ||
| Q1 25 | $1.5B | $222.9M | ||
| Q4 24 | $1.3B | $422.3M | ||
| Q3 24 | $1.8B | $255.7M | ||
| Q2 24 | $1.7B | $57.8M |
总债务ALII
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $1.1B | ||
| Q3 25 | $3.4B | $838.2M | ||
| Q2 25 | $3.3B | $835.7M | ||
| Q1 25 | $3.3B | $834.2M | ||
| Q4 24 | $3.3B | $833.1M | ||
| Q3 24 | $2.1B | $827.6M | ||
| Q2 24 | $2.1B | $1.1B |
股东权益ALII
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.7B | $1.2B | ||
| Q3 25 | $6.4B | $1.1B | ||
| Q2 25 | $6.1B | $900.5M | ||
| Q1 25 | $6.0B | $852.5M | ||
| Q4 24 | $5.9B | $850.2M | ||
| Q3 24 | $5.9B | $754.0M | ||
| Q2 24 | $6.2B | $577.4M |
总资产ALII
| Q1 26 | $12.8B | — | ||
| Q4 25 | $12.7B | $4.1B | ||
| Q3 25 | $12.2B | $3.5B | ||
| Q2 25 | $12.2B | $3.7B | ||
| Q1 25 | $11.9B | $3.5B | ||
| Q4 24 | $11.8B | $3.5B | ||
| Q3 24 | $11.0B | $3.3B | ||
| Q2 24 | $10.9B | $3.2B |
负债/权益比ALII
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.45× | 0.98× | ||
| Q3 25 | 0.53× | 0.78× | ||
| Q2 25 | 0.55× | 0.93× | ||
| Q1 25 | 0.56× | 0.98× | ||
| Q4 24 | 0.57× | 0.98× | ||
| Q3 24 | 0.36× | 1.10× | ||
| Q2 24 | 0.34× | 1.95× |
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 | $268.0M | $405.9M |
| 自由现金流经营现金流 - 资本支出 | $175.0M | $376.7M |
| 自由现金流率自由现金流/营收 | 9.7% | 31.5% |
| 资本支出强度资本支出/营收 | 5.2% | 2.4% |
| 现金转化率经营现金流/净利润 | 0.88× | 2.50× |
| 过去12个月自由现金流最近4个季度 | $993.0M | $638.8M |
8季度趋势，按日历期对齐
经营现金流ALII
| Q1 26 | $268.0M | — | ||
| Q4 25 | $545.0M | $405.9M | ||
| Q3 25 | $362.0M | $300.7M | ||
| Q2 25 | $221.0M | $86.8M | ||
| Q1 25 | $431.0M | $-35.8M | ||
| Q4 24 | $481.0M | $332.4M | ||
| Q3 24 | $452.0M | $452.1M | ||
| Q2 24 | $333.0M | $184.0M |
自由现金流ALII
| Q1 26 | $175.0M | — | ||
| Q4 25 | $452.0M | $376.7M | ||
| Q3 25 | $259.0M | $265.1M | ||
| Q2 25 | $107.0M | $58.3M | ||
| Q1 25 | $334.0M | $-61.3M | ||
| Q4 24 | $388.0M | $272.2M | ||
| Q3 24 | $360.0M | $410.9M | ||
| Q2 24 | $230.0M | $151.3M |
自由现金流率ALII
| Q1 26 | 9.7% | — | ||
| Q4 25 | 24.3% | 31.5% | ||
| Q3 25 | 14.9% | 18.6% | ||
| Q2 25 | 6.4% | 3.9% | ||
| Q1 25 | 19.9% | -5.7% | ||
| Q4 24 | 22.8% | 20.2% | ||
| Q3 24 | 22.8% | 27.4% | ||
| Q2 24 | 14.6% | 10.4% |
资本支出强度ALII
| Q1 26 | 5.2% | — | ||
| Q4 25 | 5.0% | 2.4% | ||
| Q3 25 | 5.9% | 2.5% | ||
| Q2 25 | 6.8% | 1.9% | ||
| Q1 25 | 5.8% | 2.4% | ||
| Q4 24 | 5.5% | 4.5% | ||
| Q3 24 | 5.8% | 2.8% | ||
| Q2 24 | 6.5% | 2.3% |
现金转化率ALII
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.26× | 2.50× | ||
| Q3 25 | 1.08× | 1.22× | ||
| Q2 25 | 1.03× | 0.31× | ||
| Q1 25 | 1.36× | -0.30× | ||
| Q4 24 | 1.37× | 1.68× | ||
| Q3 24 | 1.60× | 1.89× | ||
| Q2 24 | 1.08× | 0.75× |
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
A
| Service Other | $525.0M | 29% |
| Chemicaland Energy Market | $422.0M | 23% |
| Agilent Cross Lab | $273.0M | 15% |
| Environmentaland Forensics Market | $177.0M | 10% |
| Food Market | $166.0M | 9% |
| Academiaand Government Market | $130.0M | 7% |
| Applied Markets | $98.0M | 5% |
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
