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艾奕康（ACM）与空气化工产品公司（APD）财务数据对比。点击上方公司名可切换其他公司
艾奕康的季度营收约是空气化工产品公司的1.2倍（$3.8B vs $3.1B），空气化工产品公司净利率更高（21.9% vs 1.9%，领先19.9%），空气化工产品公司同比增速更快（5.8% vs 1.6%），艾奕康自由现金流更多（$41.9M vs $-350.5M），过去两年空气化工产品公司的营收复合增速更高（2.9% vs -1.4%）
AECOM是一家总部位于美国得克萨斯州达拉斯的跨国基础设施咨询企业，业务覆盖全球多地区，为交通、建筑、水务、能源等多个领域的工程项目提供专业规划、设计、项目管理等一体化咨询解决方案，在全球基建咨询行业拥有领先的市场地位。
空气化工产品公司是全球知名的工业气体供应商，业务覆盖全球各地，主营大气气体、工艺气体、特种气体、相关设备及服务，产品涵盖氧气、氮气、氩气、氢气、氦气、二氧化碳、一氧化碳、合成气等，同时供应空分装置、非低温发生器等气体生产处理设备，服务炼油、化工、气化等多个行业领域。
ACM vs APD — 直观对比
营收规模更大
ACM
是对方的1.2倍
$3.1B
营收增速更快
APD
高出4.3%
1.6%
净利率更高
APD
高出19.9%
1.9%
自由现金流更多
ACM
多$392.4M
$-350.5M
两年增速更快
APD
近两年复合增速
-1.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $3.1B |
| 净利润 | $74.5M | $678.2M |
| 毛利率 | 7.3% | 32.1% |
| 营业利润率 | 5.8% | 23.7% |
| 净利率 | 1.9% | 21.9% |
| 营收同比 | 1.6% | 5.8% |
| 净利润同比 | -48.0% | 9.8% |
| 每股收益（稀释后） | $0.56 | $3.04 |
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ACMAPD
| Q1 26 | $3.8B | — | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | $4.2B | $3.2B | ||
| Q2 25 | $4.2B | $3.0B | ||
| Q1 25 | $3.8B | $2.9B | ||
| Q4 24 | $4.0B | $2.9B | ||
| Q3 24 | $4.1B | $3.2B | ||
| Q2 24 | $4.2B | $3.0B |
净利润ACMAPD
| Q1 26 | $74.5M | — | ||
| Q4 25 | — | $678.2M | ||
| Q3 25 | $120.4M | $4.9M | ||
| Q2 25 | $131.0M | $713.8M | ||
| Q1 25 | $143.4M | $-1.7B | ||
| Q4 24 | $167.0M | $617.4M | ||
| Q3 24 | $172.5M | $1.9B | ||
| Q2 24 | $134.3M | $696.6M |
毛利率ACMAPD
| Q1 26 | 7.3% | — | ||
| Q4 25 | — | 32.1% | ||
| Q3 25 | 7.9% | 32.3% | ||
| Q2 25 | 7.8% | 32.5% | ||
| Q1 25 | 7.7% | 29.6% | ||
| Q4 24 | 6.7% | 31.2% | ||
| Q3 24 | 7.2% | 34.0% | ||
| Q2 24 | 6.9% | 32.8% |
营业利润率ACMAPD
| Q1 26 | 5.8% | — | ||
| Q4 25 | — | 23.7% | ||
| Q3 25 | 5.7% | 0.5% | ||
| Q2 25 | 7.0% | 26.2% | ||
| Q1 25 | 6.8% | -79.8% | ||
| Q4 24 | 5.9% | 22.0% | ||
| Q3 24 | 5.8% | 76.1% | ||
| Q2 24 | 5.5% | 24.7% |
净利率ACMAPD
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 21.9% | ||
| Q3 25 | 2.9% | 0.2% | ||
| Q2 25 | 3.1% | 23.6% | ||
| Q1 25 | 3.8% | -59.3% | ||
| Q4 24 | 4.2% | 21.1% | ||
| Q3 24 | 4.2% | 61.2% | ||
| Q2 24 | 3.2% | 23.3% |
每股收益（稀释后）ACMAPD
| Q1 26 | $0.56 | — | ||
| Q4 25 | — | $3.04 | ||
| Q3 25 | $0.90 | $0.03 | ||
| Q2 25 | $0.98 | $3.20 | ||
| Q1 25 | $1.08 | $-7.77 | ||
| Q4 24 | $1.25 | $2.77 | ||
| Q3 24 | $1.27 | $8.75 | ||
| Q2 24 | $0.98 | $3.13 |
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 | $1.2B | $1.0B |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $2.2B | $15.4B |
| 总资产 | $11.9B | $41.2B |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资ACMAPD
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | $1.6B | $1.9B | ||
| Q2 25 | $1.8B | $2.3B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | $1.6B | $3.0B | ||
| Q2 24 | $1.6B | $2.4B |
总债务ACMAPD
| Q1 26 | $2.6B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.5B | — |
股东权益ACMAPD
| Q1 26 | $2.2B | — | ||
| Q4 25 | — | $15.4B | ||
| Q3 25 | $2.5B | $15.0B | ||
| Q2 25 | $2.5B | $15.5B | ||
| Q1 25 | $2.3B | $14.7B | ||
| Q4 24 | $2.2B | $16.7B | ||
| Q3 24 | $2.2B | $17.0B | ||
| Q2 24 | $2.3B | $15.1B |
总资产ACMAPD
| Q1 26 | $11.9B | — | ||
| Q4 25 | — | $41.2B | ||
| Q3 25 | $12.2B | $41.1B | ||
| Q2 25 | $12.3B | $41.7B | ||
| Q1 25 | $11.8B | $38.9B | ||
| Q4 24 | $11.8B | $40.0B | ||
| Q3 24 | $12.1B | $39.6B | ||
| Q2 24 | $12.0B | $37.0B |
负债/权益比ACMAPD
| Q1 26 | 1.18× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | 1.07× | — | ||
| Q4 24 | 1.11× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.07× | — |
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 | $70.2M | $900.7M |
| 自由现金流经营现金流 - 资本支出 | $41.9M | $-350.5M |
| 自由现金流率自由现金流/营收 | 1.1% | -11.3% |
| 资本支出强度资本支出/营收 | 0.7% | 40.3% |
| 现金转化率经营现金流/净利润 | 0.94× | 1.33× |
| 过去12个月自由现金流最近4个季度 | $616.0M | — |
8季度趋势，按日历期对齐
经营现金流ACMAPD
| Q1 26 | $70.2M | — | ||
| Q4 25 | — | $900.7M | ||
| Q3 25 | $196.1M | — | ||
| Q2 25 | $283.7M | $855.8M | ||
| Q1 25 | $190.7M | $328.1M | ||
| Q4 24 | $151.1M | $811.7M | ||
| Q3 24 | $298.8M | — | ||
| Q2 24 | $291.3M | $1.3B |
自由现金流ACMAPD
| Q1 26 | $41.9M | — | ||
| Q4 25 | — | $-350.5M | ||
| Q3 25 | $134.1M | — | ||
| Q2 25 | $261.7M | $-640.0M | ||
| Q1 25 | $178.3M | $-1.6B | ||
| Q4 24 | $110.9M | $-1.3B | ||
| Q3 24 | $274.5M | — | ||
| Q2 24 | $272.8M | $-345.2M |
自由现金流率ACMAPD
| Q1 26 | 1.1% | — | ||
| Q4 25 | — | -11.3% | ||
| Q3 25 | 3.2% | — | ||
| Q2 25 | 6.3% | -21.2% | ||
| Q1 25 | 4.7% | -53.6% | ||
| Q4 24 | 2.8% | -44.5% | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 6.6% | -11.6% |
资本支出强度ACMAPD
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 40.3% | ||
| Q3 25 | 1.5% | 47.9% | ||
| Q2 25 | 0.5% | 49.5% | ||
| Q1 25 | 0.3% | 64.9% | ||
| Q4 24 | 1.0% | 72.2% | ||
| Q3 24 | 0.6% | 65.1% | ||
| Q2 24 | 0.4% | 53.8% |
现金转化率ACMAPD
| Q1 26 | 0.94× | — | ||
| Q4 25 | — | 1.33× | ||
| Q3 25 | 1.63× | — | ||
| Q2 25 | 2.17× | 1.20× | ||
| Q1 25 | 1.33× | — | ||
| Q4 24 | 0.90× | 1.31× | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | 2.17× | 1.81× |
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
ACM
暂无分部数据
APD
| Other | $1.6B | 53% |
| Onsite | $783.9M | 25% |
| Merchant | $557.8M | 18% |
| Saleof Equipment | $117.0M | 4% |
