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Automatic Data Processing（ADP）与FTAI Aviation Ltd.（FTAI）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FTAI Aviation Ltd.的8.1倍（$5.4B vs $662.0M）。Automatic Data Processing净利率更高（19.8% vs 17.5%，领先2.4%）。FTAI Aviation Ltd.同比增速更快（32.7% vs 6.2%）。过去两年FTAI Aviation Ltd.的营收复合增速更高（42.4% vs 1.0%）
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。
FTAI航空有限公司是一家全球性航空基础设施及解决方案提供商，主营商用飞机、航空发动机及相关航空资产的持有、租赁与维护业务，为全球商用航空公司、货运运营商提供定制化资产管理及售后支持服务，助力客户提升运营效率。
ADP vs FTAI — 直观对比
营收规模更大
ADP
是对方的8.1倍
$662.0M
营收增速更快
FTAI
高出26.6%
6.2%
净利率更高
ADP
高出2.4%
17.5%
两年增速更快
FTAI
近两年复合增速
1.0%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $662.0M |
| 净利润 | $1.1B | $115.6M |
| 毛利率 | 46.1% | 44.3% |
| 营业利润率 | 25.8% | 20.3% |
| 净利率 | 19.8% | 17.5% |
| 营收同比 | 6.2% | 32.7% |
| 净利润同比 | 10.3% | 12.8% |
| 每股收益（稀释后） | $2.62 | $1.06 |
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ADPFTAI
| Q4 25 | $5.4B | $662.0M | ||
| Q3 25 | $5.2B | $667.1M | ||
| Q2 25 | $5.1B | $676.2M | ||
| Q1 25 | $5.6B | $502.1M | ||
| Q4 24 | $5.0B | $498.8M | ||
| Q3 24 | $4.8B | $465.8M | ||
| Q2 24 | $4.8B | $443.6M | ||
| Q1 24 | $5.3B | $326.7M |
净利润ADPFTAI
| Q4 25 | $1.1B | $115.6M | ||
| Q3 25 | $1.0B | $117.7M | ||
| Q2 25 | $910.7M | $165.4M | ||
| Q1 25 | $1.2B | $102.4M | ||
| Q4 24 | $963.2M | $102.4M | ||
| Q3 24 | $956.3M | $86.5M | ||
| Q2 24 | $829.3M | $-219.9M | ||
| Q1 24 | $1.2B | $39.6M |
毛利率ADPFTAI
| Q4 25 | 46.1% | 44.3% | ||
| Q3 25 | 45.2% | 45.6% | ||
| Q2 25 | 45.1% | 45.4% | ||
| Q1 25 | 47.7% | 50.5% | ||
| Q4 24 | 45.7% | 48.3% | ||
| Q3 24 | 45.5% | 52.9% | ||
| Q2 24 | 44.8% | 53.6% | ||
| Q1 24 | 47.3% | 56.3% |
营业利润率ADPFTAI
| Q4 25 | 25.8% | 20.3% | ||
| Q3 25 | 25.3% | 21.6% | ||
| Q2 25 | 23.2% | 30.1% | ||
| Q1 25 | 29.2% | 24.9% | ||
| Q4 24 | 25.0% | 21.7% | ||
| Q3 24 | 25.6% | 20.1% | ||
| Q2 24 | 22.8% | -52.5% | ||
| Q1 24 | 29.4% | 13.8% |
净利率ADPFTAI
| Q4 25 | 19.8% | 17.5% | ||
| Q3 25 | 19.6% | 17.6% | ||
| Q2 25 | 17.8% | 24.5% | ||
| Q1 25 | 22.5% | 20.4% | ||
| Q4 24 | 19.1% | 20.5% | ||
| Q3 24 | 19.8% | 18.6% | ||
| Q2 24 | 17.4% | -49.6% | ||
| Q1 24 | 22.6% | 12.1% |
每股收益（稀释后）ADPFTAI
| Q4 25 | $2.62 | $1.06 | ||
| Q3 25 | $2.49 | $1.10 | ||
| Q2 25 | $2.23 | $1.57 | ||
| Q1 25 | $3.06 | $0.87 | ||
| Q4 24 | $2.35 | $0.87 | ||
| Q3 24 | $2.34 | $0.76 | ||
| Q2 24 | $2.01 | $-2.26 | ||
| Q1 24 | $2.88 | $0.31 |
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 | $2.5B | $300.5M |
| 总债务越低越好 | — | $3.4B |
| 股东权益账面价值 | $6.4B | $334.2M |
| 总资产 | $84.6B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 10.32× |
8季度趋势，按日历期对齐
现金及短期投资ADPFTAI
| Q4 25 | $2.5B | $300.5M | ||
| Q3 25 | $7.9B | $509.9M | ||
| Q2 25 | $7.8B | $301.9M | ||
| Q1 25 | $2.7B | $112.1M | ||
| Q4 24 | $2.2B | $115.1M | ||
| Q3 24 | $7.3B | $111.9M | ||
| Q2 24 | $3.3B | $169.5M | ||
| Q1 24 | $3.3B | $65.2M |
总债务ADPFTAI
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.4B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $2.7B |
股东权益ADPFTAI
| Q4 25 | $6.4B | $334.2M | ||
| Q3 25 | $6.4B | $252.5M | ||
| Q2 25 | $6.2B | $164.9M | ||
| Q1 25 | $5.9B | $28.3M | ||
| Q4 24 | $5.1B | $81.4M | ||
| Q3 24 | $5.3B | $118.5M | ||
| Q2 24 | $4.5B | $69.6M | ||
| Q1 24 | $4.6B | $177.1M |
总资产ADPFTAI
| Q4 25 | $84.6B | $4.4B | ||
| Q3 25 | $54.3B | $4.2B | ||
| Q2 25 | $53.4B | $4.1B | ||
| Q1 25 | $56.4B | $4.3B | ||
| Q4 24 | $64.1B | $4.0B | ||
| Q3 24 | $49.5B | $3.7B | ||
| Q2 24 | $54.4B | $3.4B | ||
| Q1 24 | $64.2B | $3.2B |
负债/权益比ADPFTAI
| Q4 25 | — | 10.32× | ||
| Q3 25 | — | 13.65× | ||
| Q2 25 | — | 20.88× | ||
| Q1 25 | — | 128.56× | ||
| Q4 24 | — | 42.28× | ||
| Q3 24 | — | 27.15× | ||
| Q2 24 | — | 44.24× | ||
| Q1 24 | — | 15.21× |
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 | $1.1B | $-179.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-189.3M |
| 自由现金流率自由现金流/营收 | — | -28.6% |
| 资本支出强度资本支出/营收 | — | 1.5% |
| 现金转化率经营现金流/净利润 | 1.07× | -1.55× |
| 过去12个月自由现金流最近4个季度 | — | $-338.5M |
8季度趋势，按日历期对齐
经营现金流ADPFTAI
| Q4 25 | $1.1B | $-179.1M | ||
| Q3 25 | $642.3M | $4.6M | ||
| Q2 25 | $1.4B | $-110.3M | ||
| Q1 25 | $1.5B | $-26.0M | ||
| Q4 24 | $1.2B | $-41.8M | ||
| Q3 24 | $824.4M | $41.5M | ||
| Q2 24 | $1.3B | $-187.3M | ||
| Q1 24 | $1.5B | $-345.0K |
自由现金流ADPFTAI
| Q4 25 | — | $-189.3M | ||
| Q3 25 | — | $-1.8M | ||
| Q2 25 | — | $-117.2M | ||
| Q1 25 | — | $-30.1M | ||
| Q4 24 | — | $-48.1M | ||
| Q3 24 | — | $41.0M | ||
| Q2 24 | — | $-188.4M | ||
| Q1 24 | — | $-1.7M |
自由现金流率ADPFTAI
| Q4 25 | — | -28.6% | ||
| Q3 25 | — | -0.3% | ||
| Q2 25 | — | -17.3% | ||
| Q1 25 | — | -6.0% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | — | 8.8% | ||
| Q2 24 | — | -42.5% | ||
| Q1 24 | — | -0.5% |
资本支出强度ADPFTAI
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.4% |
现金转化率ADPFTAI
| Q4 25 | 1.07× | -1.55× | ||
| Q3 25 | 0.63× | 0.04× | ||
| Q2 25 | 1.58× | -0.67× | ||
| Q1 25 | 1.22× | -0.25× | ||
| Q4 24 | 1.19× | -0.41× | ||
| Q3 24 | 0.86× | 0.48× | ||
| Q2 24 | 1.57× | — | ||
| Q1 24 | 1.26× | -0.01× |
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
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% |
FTAI
| Aerospace Products | $355.5M | 54% |
| Other | $212.3M | 32% |
| Equipment Leasing Revenues | $49.2M | 7% |
| Maintenance | $43.4M | 7% |
| Manufactured Product Other | $1.6M | 0% |
