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ABM INDUSTRIES INC（ABM）与A.O.史密斯（AOS）财务数据对比。点击上方公司名可切换其他公司
ABM INDUSTRIES INC的季度营收约是A.O.史密斯的2.5倍（$2.3B vs $912.5M）。A.O.史密斯净利率更高（13.7% vs 1.5%，领先12.2%）。ABM INDUSTRIES INC同比增速更快（5.4% vs 0.0%）。A.O.史密斯自由现金流更多（$165.5M vs $112.7M）。过去两年ABM INDUSTRIES INC的营收复合增速更高（5.3% vs -3.4%）
ABM工业是美国知名的设施管理服务商，1909年由莫里斯·罗森伯格在加利福尼亚州旧金山创立。其业务覆盖电气、照明、能源管理、设施工程、电气化、暖通空调、机电运维、保洁、景观养护、停车场管理、交通配套等多元设施服务领域，为各类客户提供一体化的场地运营解决方案。
A.O.史密斯是美国知名的家用及商用热水器、锅炉生产商，也是北美规模最大的热水器制造销售商，在亚洲市场还供应水处理和净化产品。公司在全球共有27个站点，包括北美5座生产基地，以及位于印度班加罗尔、中国南京、荷兰费尔德霍芬的工厂。
ABM vs AOS — 直观对比
营收规模更大
ABM
是对方的2.5倍
$912.5M
营收增速更快
ABM
高出5.4%
0.0%
净利率更高
AOS
高出12.2%
1.5%
自由现金流更多
AOS
多$52.8M
$112.7M
两年增速更快
ABM
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $912.5M |
| 净利润 | $34.8M | $125.4M |
| 毛利率 | 11.8% | 38.4% |
| 营业利润率 | 3.0% | 17.9% |
| 净利率 | 1.5% | 13.7% |
| 营收同比 | 5.4% | 0.0% |
| 净利润同比 | 394.9% | 14.3% |
| 每股收益（稀释后） | $0.56 | $0.89 |
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ABMAOS
| Q4 25 | $2.3B | $912.5M | ||
| Q3 25 | $2.2B | $942.5M | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $2.1B | $963.9M | ||
| Q4 24 | $2.2B | $912.4M | ||
| Q3 24 | $2.1B | $902.6M | ||
| Q2 24 | $2.0B | $1.0B | ||
| Q1 24 | $2.1B | $978.8M |
净利润ABMAOS
| Q4 25 | $34.8M | $125.4M | ||
| Q3 25 | $41.8M | $132.0M | ||
| Q2 25 | $42.2M | $152.2M | ||
| Q1 25 | $43.6M | $136.6M | ||
| Q4 24 | $-11.8M | $109.7M | ||
| Q3 24 | $4.7M | $120.1M | ||
| Q2 24 | $43.8M | $156.2M | ||
| Q1 24 | $44.7M | $147.6M |
毛利率ABMAOS
| Q4 25 | 11.8% | 38.4% | ||
| Q3 25 | 12.3% | 38.7% | ||
| Q2 25 | 12.8% | 39.3% | ||
| Q1 25 | 12.3% | 38.9% | ||
| Q4 24 | 12.5% | 37.1% | ||
| Q3 24 | 12.6% | 37.4% | ||
| Q2 24 | 12.6% | 38.7% | ||
| Q1 24 | 11.8% | 39.3% |
营业利润率ABMAOS
| Q4 25 | 3.0% | 17.9% | ||
| Q3 25 | 3.8% | 18.6% | ||
| Q2 25 | 3.9% | 20.4% | ||
| Q1 25 | 3.7% | 19.1% | ||
| Q4 24 | 0.9% | 10.1% | ||
| Q3 24 | 1.8% | 19.5% | ||
| Q2 24 | 4.0% | 21.9% | ||
| Q1 24 | 3.6% | 22.0% |
净利率ABMAOS
| Q4 25 | 1.5% | 13.7% | ||
| Q3 25 | 1.9% | 14.0% | ||
| Q2 25 | 2.0% | 15.0% | ||
| Q1 25 | 2.1% | 14.2% | ||
| Q4 24 | -0.5% | 12.0% | ||
| Q3 24 | 0.2% | 13.3% | ||
| Q2 24 | 2.2% | 15.2% | ||
| Q1 24 | 2.2% | 15.1% |
每股收益（稀释后）ABMAOS
| Q4 25 | $0.56 | $0.89 | ||
| Q3 25 | $0.67 | $0.94 | ||
| Q2 25 | $0.67 | $1.07 | ||
| Q1 25 | $0.69 | $0.95 | ||
| Q4 24 | $-0.18 | $0.75 | ||
| Q3 24 | $0.07 | $0.82 | ||
| Q2 24 | $0.69 | $1.06 | ||
| Q1 24 | $0.70 | $1.00 |
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 | $104.1M | $193.2M |
| 总债务越低越好 | — | $155.0M |
| 股东权益账面价值 | $1.8B | $1.9B |
| 总资产 | $5.3B | $3.1B |
| 负债/权益比越低杠杆越低 | — | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资ABMAOS
| Q4 25 | $104.1M | $193.2M | ||
| Q3 25 | $69.3M | $172.8M | ||
| Q2 25 | $58.7M | $177.9M | ||
| Q1 25 | $59.0M | $200.2M | ||
| Q4 24 | $64.6M | $276.1M | ||
| Q3 24 | $86.3M | $255.6M | ||
| Q2 24 | $60.7M | $233.3M | ||
| Q1 24 | $58.0M | $303.1M |
总债务ABMAOS
| Q4 25 | — | $155.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $193.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ABMAOS
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.8B | $1.9B | ||
| Q4 24 | $1.8B | $1.9B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.8B | $1.9B | ||
| Q1 24 | $1.8B | $1.9B |
总资产ABMAOS
| Q4 25 | $5.3B | $3.1B | ||
| Q3 25 | $5.3B | $3.2B | ||
| Q2 25 | $5.3B | $3.2B | ||
| Q1 25 | $5.2B | $3.3B | ||
| Q4 24 | $5.1B | $3.2B | ||
| Q3 24 | $5.0B | $3.2B | ||
| Q2 24 | $4.9B | $3.2B | ||
| Q1 24 | $5.0B | $3.2B |
负债/权益比ABMAOS
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $133.4M | $183.1M |
| 自由现金流经营现金流 - 资本支出 | $112.7M | $165.5M |
| 自由现金流率自由现金流/营收 | 4.9% | 18.1% |
| 资本支出强度资本支出/营收 | 0.9% | 1.9% |
| 现金转化率经营现金流/净利润 | 3.83× | 1.46× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $546.0M |
8季度趋势，按日历期对齐
经营现金流ABMAOS
| Q4 25 | $133.4M | $183.1M | ||
| Q3 25 | $174.9M | $255.4M | ||
| Q2 25 | $32.3M | $139.6M | ||
| Q1 25 | $-106.2M | $38.7M | ||
| Q4 24 | $30.4M | $221.9M | ||
| Q3 24 | $79.4M | $195.9M | ||
| Q2 24 | $117.0M | $57.4M | ||
| Q1 24 | $-100.0K | $106.6M |
自由现金流ABMAOS
| Q4 25 | $112.7M | $165.5M | ||
| Q3 25 | $150.1M | $240.6M | ||
| Q2 25 | $15.2M | $122.5M | ||
| Q1 25 | $-122.9M | $17.4M | ||
| Q4 24 | $15.6M | $191.3M | ||
| Q3 24 | $63.9M | $163.4M | ||
| Q2 24 | $101.5M | $34.5M | ||
| Q1 24 | $-13.7M | $84.6M |
自由现金流率ABMAOS
| Q4 25 | 4.9% | 18.1% | ||
| Q3 25 | 6.7% | 25.5% | ||
| Q2 25 | 0.7% | 12.1% | ||
| Q1 25 | -5.8% | 1.8% | ||
| Q4 24 | 0.7% | 21.0% | ||
| Q3 24 | 3.1% | 18.1% | ||
| Q2 24 | 5.0% | 3.4% | ||
| Q1 24 | -0.7% | 8.6% |
资本支出强度ABMAOS
| Q4 25 | 0.9% | 1.9% | ||
| Q3 25 | 1.1% | 1.6% | ||
| Q2 25 | 0.8% | 1.7% | ||
| Q1 25 | 0.8% | 2.2% | ||
| Q4 24 | 0.7% | 3.4% | ||
| Q3 24 | 0.7% | 3.6% | ||
| Q2 24 | 0.8% | 2.2% | ||
| Q1 24 | 0.7% | 2.2% |
现金转化率ABMAOS
| Q4 25 | 3.83× | 1.46× | ||
| Q3 25 | 4.18× | 1.93× | ||
| Q2 25 | 0.77× | 0.92× | ||
| Q1 25 | -2.44× | 0.28× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | 16.89× | 1.63× | ||
| Q2 24 | 2.67× | 0.37× | ||
| Q1 24 | -0.00× | 0.72× |
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
ABM
| Facility Service Line Janitorial | $729.5M | 32% |
| Technical Solutions | $298.6M | 13% |
| Aviation | $296.7M | 13% |
| Education | $233.8M | 10% |
| Engineering And Infrastructure Service Line | $211.3M | 9% |
| Engineering And Infrastructure Service Line Operations And Maintenance | $207.2M | 9% |
| Facility Service Line Aviation Services | $134.4M | 6% |
| Facility Service Line Parking And Transportation | $108.0M | 5% |
| Management Reimbursement Revenue | $86.9M | 4% |
AOS
| North America Segment | $713.7M | 78% |
| Rest Of World | $158.3M | 17% |
| Other | $40.5M | 4% |
