vs
AAON, INC.（AAON）与TECOGEN INC.（TGEN）财务数据对比。点击上方公司名可切换其他公司
AAON, INC.的季度营收约是TECOGEN INC.的79.8倍（$424.2M vs $5.3M）。AAON, INC.净利率更高（7.6% vs -75.1%，领先82.7%）。AAON, INC.同比增速更快（42.5% vs -12.5%）。过去两年AAON, INC.的营收复合增速更高（27.2% vs -7.3%）
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。
AAON vs TGEN — 直观对比
营收规模更大
AAON
是对方的79.8倍
$5.3M
营收增速更快
AAON
高出55.0%
-12.5%
净利率更高
AAON
高出82.7%
-75.1%
两年增速更快
AAON
近两年复合增速
-7.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $424.2M | $5.3M |
| 净利润 | $32.0M | $-4.0M |
| 毛利率 | 25.9% | 36.8% |
| 营业利润率 | 10.4% | -77.8% |
| 净利率 | 7.6% | -75.1% |
| 营收同比 | 42.5% | -12.5% |
| 净利润同比 | 29.7% | -236.7% |
| 每股收益（稀释后） | $0.38 | $-0.14 |
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AAONTGEN
| Q4 25 | $424.2M | $5.3M | ||
| Q3 25 | $384.2M | $7.2M | ||
| Q2 25 | $311.6M | $7.3M | ||
| Q1 25 | $322.1M | $7.3M | ||
| Q4 24 | $297.7M | $6.1M | ||
| Q3 24 | $327.3M | $5.6M | ||
| Q2 24 | $313.6M | $4.7M | ||
| Q1 24 | $262.1M | $6.2M |
净利润AAONTGEN
| Q4 25 | $32.0M | $-4.0M | ||
| Q3 25 | $30.8M | $-2.1M | ||
| Q2 25 | $15.5M | $-1.5M | ||
| Q1 25 | $29.3M | $-659.9K | ||
| Q4 24 | $24.7M | $-1.2M | ||
| Q3 24 | $52.6M | $-930.4K | ||
| Q2 24 | $52.2M | $-1.5M | ||
| Q1 24 | $39.0M | $-1.1M |
毛利率AAONTGEN
| Q4 25 | 25.9% | 36.8% | ||
| Q3 25 | 27.8% | 30.4% | ||
| Q2 25 | 26.6% | 33.8% | ||
| Q1 25 | 26.8% | 44.3% | ||
| Q4 24 | 26.1% | 45.0% | ||
| Q3 24 | 34.9% | 44.1% | ||
| Q2 24 | 36.1% | 44.0% | ||
| Q1 24 | 35.2% | 41.6% |
营业利润率AAONTGEN
| Q4 25 | 10.4% | -77.8% | ||
| Q3 25 | 11.3% | -29.2% | ||
| Q2 25 | 7.6% | -19.4% | ||
| Q1 25 | 10.9% | -8.2% | ||
| Q4 24 | 9.9% | -18.7% | ||
| Q3 24 | 20.0% | -15.5% | ||
| Q2 24 | 21.4% | -31.2% | ||
| Q1 24 | 17.9% | -17.0% |
净利率AAONTGEN
| Q4 25 | 7.6% | -75.1% | ||
| Q3 25 | 8.0% | -29.7% | ||
| Q2 25 | 5.0% | -20.1% | ||
| Q1 25 | 9.1% | -9.1% | ||
| Q4 24 | 8.3% | -19.5% | ||
| Q3 24 | 16.1% | -16.5% | ||
| Q2 24 | 16.7% | -32.5% | ||
| Q1 24 | 14.9% | -17.9% |
每股收益（稀释后）AAONTGEN
| Q4 25 | $0.38 | $-0.14 | ||
| Q3 25 | $0.37 | $-0.07 | ||
| Q2 25 | $0.19 | $-0.06 | ||
| Q1 25 | $0.35 | $-0.03 | ||
| Q4 24 | $0.31 | $-0.05 | ||
| Q3 24 | $0.63 | $-0.04 | ||
| Q2 24 | $0.62 | $-0.06 | ||
| Q1 24 | $0.46 | $-0.04 |
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 | $12.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $895.0M | $21.6M |
| 总资产 | $1.7B | $37.0M |
| 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AAONTGEN
| Q4 25 | $13.0K | $12.4M | ||
| Q3 25 | $1.0M | $15.3M | ||
| Q2 25 | $14.0K | $1.6M | ||
| Q1 25 | $994.0K | $4.1M | ||
| Q4 24 | $14.0K | $5.4M | ||
| Q3 24 | $15.0K | $1.3M | ||
| Q2 24 | $13.0K | $841.9K | ||
| Q1 24 | $8.4M | $1.5M |
股东权益AAONTGEN
| Q4 25 | $895.0M | $21.6M | ||
| Q3 25 | $863.1M | $25.5M | ||
| Q2 25 | $832.7M | $9.1M | ||
| Q1 25 | $815.9M | $9.6M | ||
| Q4 24 | $824.6M | $10.2M | ||
| Q3 24 | $796.9M | $11.3M | ||
| Q2 24 | $740.5M | $12.2M | ||
| Q1 24 | $784.8M | $13.7M |
总资产AAONTGEN
| Q4 25 | $1.7B | $37.0M | ||
| Q3 25 | $1.5B | $41.5M | ||
| Q2 25 | $1.4B | $28.4M | ||
| Q1 25 | $1.3B | $29.7M | ||
| Q4 24 | $1.2B | $31.1M | ||
| Q3 24 | $1.0B | $27.5M | ||
| Q2 24 | $1.0B | $27.2M | ||
| Q1 24 | $952.9M | $28.5M |
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 | $-2.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-2.6M |
| 自由现金流率自由现金流/营收 | — | -49.3% |
| 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 | 0.60× | — |
| 过去12个月自由现金流最近4个季度 | — | $-10.3M |
8季度趋势，按日历期对齐
经营现金流AAONTGEN
| Q4 25 | $19.3M | $-2.6M | ||
| Q3 25 | $12.3M | $-3.6M | ||
| Q2 25 | $-21.8M | $-2.6M | ||
| Q1 25 | $-9.2M | $-1.2M | ||
| Q4 24 | $845.0K | $4.2M | ||
| Q3 24 | $63.8M | $-207.3K | ||
| Q2 24 | $35.5M | $-157.9K | ||
| Q1 24 | $92.4M | $248.2K |
自由现金流AAONTGEN
| Q4 25 | — | $-2.6M | ||
| Q3 25 | — | $-3.6M | ||
| Q2 25 | — | $-2.7M | ||
| Q1 25 | — | $-1.3M | ||
| Q4 24 | — | $4.0M | ||
| Q3 24 | — | $-489.6K | ||
| Q2 24 | — | $-609.6K | ||
| Q1 24 | — | $143.3K |
自由现金流率AAONTGEN
| Q4 25 | — | -49.3% | ||
| Q3 25 | — | -50.6% | ||
| Q2 25 | — | -37.7% | ||
| Q1 25 | — | -17.9% | ||
| Q4 24 | — | 66.6% | ||
| Q3 24 | — | -8.7% | ||
| Q2 24 | — | -12.9% | ||
| Q1 24 | — | 2.3% |
资本支出强度AAONTGEN
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | 9.6% | ||
| Q1 24 | — | 1.7% |
现金转化率AAONTGEN
| Q4 25 | 0.60× | — | ||
| Q3 25 | 0.40× | — | ||
| Q2 25 | -1.41× | — | ||
| Q1 25 | -0.31× | — | ||
| Q4 24 | 0.03× | — | ||
| Q3 24 | 1.21× | — | ||
| Q2 24 | 0.68× | — | ||
| Q1 24 | 2.37× | — |
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% |
TGEN
| Installation Services | $4.5M | 84% |
| Products Segment | $460.5K | 9% |
| Other | $394.7K | 7% |
