vs
Aebi Schmidt Holding AG（AEBI）与MANITOWOC CO INC（MTW）财务数据对比。点击上方公司名可切换其他公司
MANITOWOC CO INC的季度营收约是Aebi Schmidt Holding AG的1.3倍（$677.1M vs $528.4M）。Aebi Schmidt Holding AG净利率更高（1.7% vs 1.0%，领先0.6%）。MANITOWOC CO INC自由现金流更多（$78.3M vs $29.7M）
埃比施密特集团是一家源自瑞士的跨国企业，主营农业机械、重型工程设备以及市政作业设备的生产制造，产品涵盖运输车、通用作业底盘、扫路车、拖拉机、割草机等，主要应用于市政道路养护等作业场景。
马尼托瓦克公司是一家美国工程机械制造企业，创立于1902年，核心产品为起重机械，历史上曾生产商用制冷设备与船舶设备。公司通过全资子公司，围绕Grove、马尼托瓦克、Potain等多个品牌，设计、生产、销售移动式伸缩臂起重机、塔式起重机、履带式起重机等设备，并提供相关售后服务支持。
AEBI vs MTW — 直观对比
营收规模更大
MTW
是对方的1.3倍
$528.4M
净利率更高
AEBI
高出0.6%
1.0%
自由现金流更多
MTW
多$48.6M
$29.7M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $677.1M |
| 净利润 | $8.8M | $7.0M |
| 毛利率 | 18.9% | 16.7% |
| 营业利润率 | 5.2% | 3.0% |
| 净利率 | 1.7% | 1.0% |
| 营收同比 | — | 13.6% |
| 净利润同比 | — | -87.7% |
| 每股收益（稀释后） | $-0.18 | $0.20 |
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AEBIMTW
| Q4 25 | $528.4M | $677.1M | ||
| Q3 25 | $471.3M | $553.4M | ||
| Q2 25 | $277.7M | $539.5M | ||
| Q1 25 | $249.2M | $470.9M | ||
| Q4 24 | — | $596.0M | ||
| Q3 24 | — | $524.8M | ||
| Q2 24 | — | $562.1M | ||
| Q1 24 | — | $495.1M |
净利润AEBIMTW
| Q4 25 | $8.8M | $7.0M | ||
| Q3 25 | $1.2M | $5.0M | ||
| Q2 25 | $-2.3M | $1.5M | ||
| Q1 25 | $2.1M | $-6.3M | ||
| Q4 24 | — | $56.7M | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $1.6M | ||
| Q1 24 | — | $4.5M |
毛利率AEBIMTW
| Q4 25 | 18.9% | 16.7% | ||
| Q3 25 | 20.0% | 18.5% | ||
| Q2 25 | 20.5% | 18.4% | ||
| Q1 25 | 21.4% | 19.1% | ||
| Q4 24 | — | 16.0% | ||
| Q3 24 | — | 16.7% | ||
| Q2 24 | — | 17.7% | ||
| Q1 24 | — | 18.7% |
营业利润率AEBIMTW
| Q4 25 | 5.2% | 3.0% | ||
| Q3 25 | 3.7% | 3.3% | ||
| Q2 25 | 5.0% | 1.8% | ||
| Q1 25 | 5.8% | 1.1% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 3.1% |
净利率AEBIMTW
| Q4 25 | 1.7% | 1.0% | ||
| Q3 25 | 0.3% | 0.9% | ||
| Q2 25 | -0.8% | 0.3% | ||
| Q1 25 | 0.8% | -1.3% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | — | -1.3% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.9% |
每股收益（稀释后）AEBIMTW
| Q4 25 | $-0.18 | $0.20 | ||
| Q3 25 | $0.02 | $0.14 | ||
| Q2 25 | $-0.06 | $0.04 | ||
| Q1 25 | $0.39 | $-0.18 | ||
| Q4 24 | — | $1.60 | ||
| Q3 24 | — | $-0.20 | ||
| Q2 24 | — | $0.04 | ||
| Q1 24 | — | $0.12 |
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 | $98.5M | $77.3M |
| 总债务越低越好 | $595.0M | $447.1M |
| 股东权益账面价值 | $814.9M | $695.2M |
| 总资产 | $2.0B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资AEBIMTW
| Q4 25 | $98.5M | $77.3M | ||
| Q3 25 | $126.0M | $39.7M | ||
| Q2 25 | $63.6M | $32.9M | ||
| Q1 25 | $47.8M | $41.4M | ||
| Q4 24 | — | $48.0M | ||
| Q3 24 | — | $22.9M | ||
| Q2 24 | — | $38.1M | ||
| Q1 24 | — | $31.5M |
总债务AEBIMTW
| Q4 25 | $595.0M | $447.1M | ||
| Q3 25 | $628.4M | $479.9M | ||
| Q2 25 | $441.0M | $459.8M | ||
| Q1 25 | $402.4M | $381.4M | ||
| Q4 24 | — | $377.1M | ||
| Q3 24 | — | $426.7M | ||
| Q2 24 | — | $406.3M | ||
| Q1 24 | — | $372.7M |
股东权益AEBIMTW
| Q4 25 | $814.9M | $695.2M | ||
| Q3 25 | $812.2M | $682.7M | ||
| Q2 25 | $359.1M | $681.3M | ||
| Q1 25 | $371.3M | $651.6M | ||
| Q4 24 | — | $640.1M | ||
| Q3 24 | — | $607.6M | ||
| Q2 24 | — | $592.3M | ||
| Q1 24 | — | $596.0M |
总资产AEBIMTW
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.1B | $1.9B | ||
| Q2 25 | $1.2B | $1.9B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.8B |
负债/权益比AEBIMTW
| Q4 25 | 0.73× | 0.64× | ||
| Q3 25 | 0.77× | 0.70× | ||
| Q2 25 | 1.23× | 0.67× | ||
| Q1 25 | 1.08× | 0.59× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.63× |
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 | $33.5M | $91.1M |
| 自由现金流经营现金流 - 资本支出 | $29.7M | $78.3M |
| 自由现金流率自由现金流/营收 | 5.6% | 11.6% |
| 资本支出强度资本支出/营收 | 0.7% | 1.9% |
| 现金转化率经营现金流/净利润 | 3.82× | 13.01× |
| 过去12个月自由现金流最近4个季度 | $-5.2M | $-15.3M |
8季度趋势，按日历期对齐
经营现金流AEBIMTW
| Q4 25 | $33.5M | $91.1M | ||
| Q3 25 | $-3.3M | $-14.1M | ||
| Q2 25 | $5.3M | $-67.7M | ||
| Q1 25 | $-26.6M | $12.9M | ||
| Q4 24 | — | $112.4M | ||
| Q3 24 | — | $-43.6M | ||
| Q2 24 | — | $11.0M | ||
| Q1 24 | — | $-30.6M |
自由现金流AEBIMTW
| Q4 25 | $29.7M | $78.3M | ||
| Q3 25 | $-8.6M | $-22.0M | ||
| Q2 25 | $3.3M | $-73.7M | ||
| Q1 25 | $-29.7M | $2.1M | ||
| Q4 24 | — | $101.1M | ||
| Q3 24 | — | $-52.9M | ||
| Q2 24 | — | $-1.9M | ||
| Q1 24 | — | $-42.8M |
自由现金流率AEBIMTW
| Q4 25 | 5.6% | 11.6% | ||
| Q3 25 | -1.8% | -4.0% | ||
| Q2 25 | 1.2% | -13.7% | ||
| Q1 25 | -11.9% | 0.4% | ||
| Q4 24 | — | 17.0% | ||
| Q3 24 | — | -10.1% | ||
| Q2 24 | — | -0.3% | ||
| Q1 24 | — | -8.6% |
资本支出强度AEBIMTW
| Q4 25 | 0.7% | 1.9% | ||
| Q3 25 | 1.1% | 1.4% | ||
| Q2 25 | 0.7% | 1.1% | ||
| Q1 25 | 1.2% | 2.3% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 2.5% |
现金转化率AEBIMTW
| Q4 25 | 3.82× | 13.01× | ||
| Q3 25 | -2.77× | -2.82× | ||
| Q2 25 | — | -45.13× | ||
| Q1 25 | -12.80× | — | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 6.88× | ||
| Q1 24 | — | -6.80× |
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
AEBI
| Transferred At Point In Time | $281.5M | 53% |
| Transferred Over Time | $246.9M | 47% |
MTW
| US | $344.5M | 51% |
| Europe | $193.8M | 29% |
| Other Countries | $138.8M | 20% |
