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AAON, INC.（AAON）与Automatic Data Processing（ADP）财务数据对比。点击上方公司名可切换其他公司
Automatic Data Processing的季度营收约是AAON, INC.的12.6倍（$5.4B vs $424.2M）。Automatic Data Processing净利率更高（19.8% vs 7.6%，领先12.3%）。AAON, INC.同比增速更快（42.5% vs 6.2%）。过去两年AAON, INC.的营收复合增速更高（27.2% vs 1.0%）
AAON公司是商用及工业领域暖通空调设备专业生产商，总部位于美国俄克拉荷马州塔尔萨市，在得克萨斯州朗维尤、密苏里州帕克维尔、俄勒冈州雷德蒙德设有生产基地，全球员工约4000人，年销售额超8.8亿美元。
ADP是总部位于美国新泽西州罗斯兰的跨国企业，为全球各行业客户提供云基人力资源管理、薪资核算处理、专业雇主组织（PEO）等领域的专业服务，是全球人力资源服务领域的知名头部供应商。
AAON vs ADP — 直观对比
营收规模更大
ADP
是对方的12.6倍
$424.2M
营收增速更快
AAON
高出36.3%
6.2%
净利率更高
ADP
高出12.3%
7.6%
两年增速更快
AAON
近两年复合增速
1.0%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $424.2M | $5.4B |
| 净利润 | $32.0M | $1.1B |
| 毛利率 | 25.9% | 46.1% |
| 营业利润率 | 10.4% | 25.8% |
| 净利率 | 7.6% | 19.8% |
| 营收同比 | 42.5% | 6.2% |
| 净利润同比 | 29.7% | 10.3% |
| 每股收益（稀释后） | $0.38 | $2.62 |
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AAONADP
| Q4 25 | $424.2M | $5.4B | ||
| Q3 25 | $384.2M | $5.2B | ||
| Q2 25 | $311.6M | $5.1B | ||
| Q1 25 | $322.1M | $5.6B | ||
| Q4 24 | $297.7M | $5.0B | ||
| Q3 24 | $327.3M | $4.8B | ||
| Q2 24 | $313.6M | $4.8B | ||
| Q1 24 | $262.1M | $5.3B |
净利润AAONADP
| Q4 25 | $32.0M | $1.1B | ||
| Q3 25 | $30.8M | $1.0B | ||
| Q2 25 | $15.5M | $910.7M | ||
| Q1 25 | $29.3M | $1.2B | ||
| Q4 24 | $24.7M | $963.2M | ||
| Q3 24 | $52.6M | $956.3M | ||
| Q2 24 | $52.2M | $829.3M | ||
| Q1 24 | $39.0M | $1.2B |
毛利率AAONADP
| Q4 25 | 25.9% | 46.1% | ||
| Q3 25 | 27.8% | 45.2% | ||
| Q2 25 | 26.6% | 45.1% | ||
| Q1 25 | 26.8% | 47.7% | ||
| Q4 24 | 26.1% | 45.7% | ||
| Q3 24 | 34.9% | 45.5% | ||
| Q2 24 | 36.1% | 44.8% | ||
| Q1 24 | 35.2% | 47.3% |
营业利润率AAONADP
| Q4 25 | 10.4% | 25.8% | ||
| Q3 25 | 11.3% | 25.3% | ||
| Q2 25 | 7.6% | 23.2% | ||
| Q1 25 | 10.9% | 29.2% | ||
| Q4 24 | 9.9% | 25.0% | ||
| Q3 24 | 20.0% | 25.6% | ||
| Q2 24 | 21.4% | 22.8% | ||
| Q1 24 | 17.9% | 29.4% |
净利率AAONADP
| Q4 25 | 7.6% | 19.8% | ||
| Q3 25 | 8.0% | 19.6% | ||
| Q2 25 | 5.0% | 17.8% | ||
| Q1 25 | 9.1% | 22.5% | ||
| Q4 24 | 8.3% | 19.1% | ||
| Q3 24 | 16.1% | 19.8% | ||
| Q2 24 | 16.7% | 17.4% | ||
| Q1 24 | 14.9% | 22.6% |
每股收益（稀释后）AAONADP
| Q4 25 | $0.38 | $2.62 | ||
| Q3 25 | $0.37 | $2.49 | ||
| Q2 25 | $0.19 | $2.23 | ||
| Q1 25 | $0.35 | $3.06 | ||
| Q4 24 | $0.31 | $2.35 | ||
| Q3 24 | $0.63 | $2.34 | ||
| Q2 24 | $0.62 | $2.01 | ||
| Q1 24 | $0.46 | $2.88 |
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 | $13.0K | $2.5B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $895.0M | $6.4B |
| 总资产 | $1.7B | $84.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AAONADP
| Q4 25 | $13.0K | $2.5B | ||
| Q3 25 | $1.0M | $7.9B | ||
| Q2 25 | $14.0K | $7.8B | ||
| Q1 25 | $994.0K | $2.7B | ||
| Q4 24 | $14.0K | $2.2B | ||
| Q3 24 | $15.0K | $7.3B | ||
| Q2 24 | $13.0K | $3.3B | ||
| Q1 24 | $8.4M | $3.3B |
股东权益AAONADP
| Q4 25 | $895.0M | $6.4B | ||
| Q3 25 | $863.1M | $6.4B | ||
| Q2 25 | $832.7M | $6.2B | ||
| Q1 25 | $815.9M | $5.9B | ||
| Q4 24 | $824.6M | $5.1B | ||
| Q3 24 | $796.9M | $5.3B | ||
| Q2 24 | $740.5M | $4.5B | ||
| Q1 24 | $784.8M | $4.6B |
总资产AAONADP
| Q4 25 | $1.7B | $84.6B | ||
| Q3 25 | $1.5B | $54.3B | ||
| Q2 25 | $1.4B | $53.4B | ||
| Q1 25 | $1.3B | $56.4B | ||
| Q4 24 | $1.2B | $64.1B | ||
| Q3 24 | $1.0B | $49.5B | ||
| Q2 24 | $1.0B | $54.4B | ||
| Q1 24 | $952.9M | $64.2B |
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 | $19.3M | $1.1B |
| 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 | 0.60× | 1.07× |
| 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AAONADP
| Q4 25 | $19.3M | $1.1B | ||
| Q3 25 | $12.3M | $642.3M | ||
| Q2 25 | $-21.8M | $1.4B | ||
| Q1 25 | $-9.2M | $1.5B | ||
| Q4 24 | $845.0K | $1.2B | ||
| Q3 24 | $63.8M | $824.4M | ||
| Q2 24 | $35.5M | $1.3B | ||
| Q1 24 | $92.4M | $1.5B |
现金转化率AAONADP
| Q4 25 | 0.60× | 1.07× | ||
| Q3 25 | 0.40× | 0.63× | ||
| Q2 25 | -1.41× | 1.58× | ||
| Q1 25 | -0.31× | 1.22× | ||
| Q4 24 | 0.03× | 1.19× | ||
| Q3 24 | 1.21× | 0.86× | ||
| Q2 24 | 0.68× | 1.57× | ||
| Q1 24 | 2.37× | 1.26× |
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
AAON
| AAON Oklahoma | $215.5M | 51% |
| Bas X | $106.1M | 25% |
| AAON Coil Products | $102.6M | 24% |
ADP
| HCM | $2.2B | 42% |
| PEO Zero Margin Benefits Pass Throughs | $1.1B | 21% |
| HRO | $979.3M | 18% |
| Global | $709.3M | 13% |
| Interest On Funds Held For Clients | $308.6M | 6% |
