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Aebi Schmidt Holding AG（AEBI）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
Aebi Schmidt Holding AG的季度营收约是通用动力的2.9倍（$528.4M vs $184.5M）。通用动力净利率更高（7.0% vs 1.7%，领先5.3%）。通用动力自由现金流更多（$92.8M 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。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
AEBI vs PLOW — 直观对比
营收规模更大
AEBI
是对方的2.9倍
$184.5M
净利率更高
PLOW
高出5.3%
1.7%
自由现金流更多
PLOW
多$63.1M
$29.7M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $184.5M |
| 净利润 | $8.8M | $12.8M |
| 毛利率 | 18.9% | 26.1% |
| 营业利润率 | 5.2% | 10.5% |
| 净利率 | 1.7% | 7.0% |
| 营收同比 | — | 28.6% |
| 净利润同比 | — | 62.3% |
| 每股收益（稀释后） | $-0.18 | $0.54 |
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AEBIPLOW
| Q4 25 | $528.4M | $184.5M | ||
| Q3 25 | $471.3M | $162.1M | ||
| Q2 25 | $277.7M | $194.3M | ||
| Q1 25 | $249.2M | $115.1M | ||
| Q4 24 | — | $143.5M | ||
| Q3 24 | — | $129.4M | ||
| Q2 24 | — | $199.9M | ||
| Q1 24 | — | $95.7M |
净利润AEBIPLOW
| Q4 25 | $8.8M | $12.8M | ||
| Q3 25 | $1.2M | $8.0M | ||
| Q2 25 | $-2.3M | $26.0M | ||
| Q1 25 | $2.1M | $148.0K | ||
| Q4 24 | — | $7.9M | ||
| Q3 24 | — | $32.3M | ||
| Q2 24 | — | $24.3M | ||
| Q1 24 | — | $-8.4M |
毛利率AEBIPLOW
| Q4 25 | 18.9% | 26.1% | ||
| Q3 25 | 20.0% | 23.5% | ||
| Q2 25 | 20.5% | 31.0% | ||
| Q1 25 | 21.4% | 24.5% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 30.7% | ||
| Q1 24 | — | 19.8% |
营业利润率AEBIPLOW
| Q4 25 | 5.2% | 10.5% | ||
| Q3 25 | 3.7% | 8.7% | ||
| Q2 25 | 5.0% | 19.0% | ||
| Q1 25 | 5.8% | 2.8% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 35.4% | ||
| Q2 24 | — | 18.2% | ||
| Q1 24 | — | -6.7% |
净利率AEBIPLOW
| Q4 25 | 1.7% | 7.0% | ||
| Q3 25 | 0.3% | 4.9% | ||
| Q2 25 | -0.8% | 13.4% | ||
| Q1 25 | 0.8% | 0.1% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 24.9% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | -8.7% |
每股收益（稀释后）AEBIPLOW
| Q4 25 | $-0.18 | $0.54 | ||
| Q3 25 | $0.02 | $0.33 | ||
| Q2 25 | $-0.06 | $1.09 | ||
| Q1 25 | $0.39 | $0.00 | ||
| Q4 24 | — | $0.35 | ||
| Q3 24 | — | $1.36 | ||
| Q2 24 | — | $1.02 | ||
| Q1 24 | — | $-0.37 |
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 | — |
| 总债务越低越好 | $595.0M | $144.0M |
| 股东权益账面价值 | $814.9M | $281.4M |
| 总资产 | $2.0B | $626.7M |
| 负债/权益比越低杠杆越低 | 0.73× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资AEBIPLOW
| Q4 25 | $98.5M | — | ||
| Q3 25 | $126.0M | — | ||
| Q2 25 | $63.6M | — | ||
| Q1 25 | $47.8M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务AEBIPLOW
| Q4 25 | $595.0M | $144.0M | ||
| Q3 25 | $628.4M | — | ||
| Q2 25 | $441.0M | — | ||
| Q1 25 | $402.4M | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AEBIPLOW
| Q4 25 | $814.9M | $281.4M | ||
| Q3 25 | $812.2M | $275.3M | ||
| Q2 25 | $359.1M | $273.3M | ||
| Q1 25 | $371.3M | $258.9M | ||
| Q4 24 | — | $264.2M | ||
| Q3 24 | — | $260.8M | ||
| Q2 24 | — | $236.7M | ||
| Q1 24 | — | $217.2M |
总资产AEBIPLOW
| Q4 25 | $2.0B | $626.7M | ||
| Q3 25 | $2.1B | $694.9M | ||
| Q2 25 | $1.2B | $671.5M | ||
| Q1 25 | $1.1B | $621.0M | ||
| Q4 24 | — | $590.0M | ||
| Q3 24 | — | $665.6M | ||
| Q2 24 | — | $617.0M | ||
| Q1 24 | — | $577.1M |
负债/权益比AEBIPLOW
| Q4 25 | 0.73× | 0.51× | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | — | 0.56× | ||
| 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 | $33.5M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $29.7M | $92.8M |
| 自由现金流率自由现金流/营收 | 5.6% | 50.3% |
| 资本支出强度资本支出/营收 | 0.7% | 1.7% |
| 现金转化率经营现金流/净利润 | 3.82× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $-5.2M | $63.6M |
8季度趋势，按日历期对齐
经营现金流AEBIPLOW
| Q4 25 | $33.5M | $95.9M | ||
| Q3 25 | $-3.3M | $-8.5M | ||
| Q2 25 | $5.3M | $-11.4M | ||
| Q1 25 | $-26.6M | $-1.3M | ||
| Q4 24 | — | $74.4M | ||
| Q3 24 | — | $-14.2M | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | — | $-21.6M |
自由现金流AEBIPLOW
| Q4 25 | $29.7M | $92.8M | ||
| Q3 25 | $-8.6M | $-11.4M | ||
| Q2 25 | $3.3M | $-14.3M | ||
| Q1 25 | $-29.7M | $-3.5M | ||
| Q4 24 | — | $70.2M | ||
| Q3 24 | — | $-15.2M | ||
| Q2 24 | — | $836.0K | ||
| Q1 24 | — | $-22.4M |
自由现金流率AEBIPLOW
| Q4 25 | 5.6% | 50.3% | ||
| Q3 25 | -1.8% | -7.1% | ||
| Q2 25 | 1.2% | -7.4% | ||
| Q1 25 | -11.9% | -3.0% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | -11.8% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -23.4% |
资本支出强度AEBIPLOW
| Q4 25 | 0.7% | 1.7% | ||
| Q3 25 | 1.1% | 1.8% | ||
| Q2 25 | 0.7% | 1.5% | ||
| Q1 25 | 1.2% | 1.9% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.8% |
现金转化率AEBIPLOW
| Q4 25 | 3.82× | 7.47× | ||
| Q3 25 | -2.77× | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | -12.80× | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | — | — |
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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
