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爱科（AGCO）与Axon Enterprise（AXON）财务数据对比。点击上方公司名可切换其他公司
爱科的季度营收约是Axon Enterprise的3.7倍（$2.9B vs $796.7M）。爱科净利率更高（3.3% vs 0.3%，领先2.9%）。Axon Enterprise同比增速更快（38.9% vs 1.1%）。爱科自由现金流更多（$675.0M vs $155.4M）。过去两年Axon Enterprise的营收复合增速更高（31.5% vs -0.1%）
AGCO是1990年成立的美国农业机械制造商，总部位于佐治亚州德卢斯。公司主营设计、生产及销售拖拉机、联合收割机、青贮收获机、牧草设备、自走式喷雾机、播种耕作设备等产品，同时提供智慧农业相关技术解决方案。
Axon Enterprise是总部位于美国亚利桑那州斯科茨代尔的企业，面向军队、执法部门及民用市场开发各类武器装备与相关技术产品，业务覆盖公共安全、国防及民用消费等多个领域，为不同用户群体提供适配的产品解决方案。
AGCO vs AXON — 直观对比
营收规模更大
AGCO
是对方的3.7倍
$796.7M
营收增速更快
AXON
高出37.8%
1.1%
净利率更高
AGCO
高出2.9%
0.3%
自由现金流更多
AGCO
多$519.6M
$155.4M
两年增速更快
AXON
近两年复合增速
-0.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $796.7M |
| 净利润 | $95.5M | $2.7M |
| 毛利率 | 25.4% | 57.9% |
| 营业利润率 | 7.9% | -6.3% |
| 净利率 | 3.3% | 0.3% |
| 营收同比 | 1.1% | 38.9% |
| 净利润同比 | 137.3% | -98.0% |
| 每股收益（稀释后） | $1.30 | $0.02 |
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AGCOAXON
| Q4 25 | $2.9B | $796.7M | ||
| Q3 25 | $2.5B | $710.6M | ||
| Q2 25 | $2.6B | $668.5M | ||
| Q1 25 | $2.1B | $603.6M | ||
| Q4 24 | $2.9B | $573.4M | ||
| Q3 24 | $2.6B | $544.3M | ||
| Q2 24 | $3.2B | $504.1M | ||
| Q1 24 | $2.9B | $460.7M |
净利润AGCOAXON
| Q4 25 | $95.5M | $2.7M | ||
| Q3 25 | $305.7M | $-2.2M | ||
| Q2 25 | $314.8M | $36.1M | ||
| Q1 25 | $10.5M | $88.0M | ||
| Q4 24 | $-255.7M | $136.0M | ||
| Q3 24 | $30.0M | $67.0M | ||
| Q2 24 | $-367.1M | $40.8M | ||
| Q1 24 | $168.0M | $133.2M |
毛利率AGCOAXON
| Q4 25 | 25.4% | 57.9% | ||
| Q3 25 | 26.1% | 60.1% | ||
| Q2 25 | 25.0% | 60.4% | ||
| Q1 25 | 25.4% | 60.6% | ||
| Q4 24 | 23.9% | 60.5% | ||
| Q3 24 | 23.2% | 60.8% | ||
| Q2 24 | 25.8% | 60.3% | ||
| Q1 24 | 26.3% | 56.4% |
营业利润率AGCOAXON
| Q4 25 | 7.9% | -6.3% | ||
| Q3 25 | 6.1% | -0.3% | ||
| Q2 25 | 6.2% | -0.2% | ||
| Q1 25 | 2.4% | -1.5% | ||
| Q4 24 | -9.3% | -2.6% | ||
| Q3 24 | 4.4% | 4.4% | ||
| Q2 24 | -7.4% | 6.5% | ||
| Q1 24 | 9.3% | 3.5% |
净利率AGCOAXON
| Q4 25 | 3.3% | 0.3% | ||
| Q3 25 | 12.3% | -0.3% | ||
| Q2 25 | 11.9% | 5.4% | ||
| Q1 25 | 0.5% | 14.6% | ||
| Q4 24 | -8.9% | 23.7% | ||
| Q3 24 | 1.2% | 12.3% | ||
| Q2 24 | -11.3% | 8.1% | ||
| Q1 24 | 5.7% | 28.9% |
每股收益（稀释后）AGCOAXON
| Q4 25 | $1.30 | $0.02 | ||
| Q3 25 | $4.09 | $-0.03 | ||
| Q2 25 | $4.22 | $0.44 | ||
| Q1 25 | $0.14 | $1.08 | ||
| Q4 24 | $-3.42 | $1.68 | ||
| Q3 24 | $0.40 | $0.86 | ||
| Q2 24 | $-4.92 | $0.53 | ||
| Q1 24 | $2.25 | $1.73 |
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 | $861.8M | $1.7B |
| 总债务越低越好 | $2.4B | $1.8B |
| 股东权益账面价值 | $4.3B | $3.2B |
| 总资产 | $11.9B | $7.0B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资AGCOAXON
| Q4 25 | $861.8M | $1.7B | ||
| Q3 25 | $884.1M | $2.4B | ||
| Q2 25 | $783.9M | $2.1B | ||
| Q1 25 | $562.6M | $2.2B | ||
| Q4 24 | $612.7M | $788.1M | ||
| Q3 24 | $622.6M | $1.0B | ||
| Q2 24 | $657.3M | $968.9M | ||
| Q1 24 | $2.5B | $964.1M |
总债务AGCOAXON
| Q4 25 | $2.4B | $1.8B | ||
| Q3 25 | $2.7B | $2.0B | ||
| Q2 25 | $2.8B | $2.0B | ||
| Q1 25 | $2.8B | $2.0B | ||
| Q4 24 | $2.6B | $680.3M | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.7B | — |
股东权益AGCOAXON
| Q4 25 | $4.3B | $3.2B | ||
| Q3 25 | $4.5B | $3.0B | ||
| Q2 25 | $4.2B | $2.7B | ||
| Q1 25 | $3.8B | $2.6B | ||
| Q4 24 | $3.7B | $2.3B | ||
| Q3 24 | $4.1B | $2.1B | ||
| Q2 24 | $4.1B | $1.9B | ||
| Q1 24 | $4.8B | $1.8B |
总资产AGCOAXON
| Q4 25 | $11.9B | $7.0B | ||
| Q3 25 | $12.5B | $6.7B | ||
| Q2 25 | $12.3B | $6.2B | ||
| Q1 25 | $11.5B | $6.1B | ||
| Q4 24 | $11.2B | $4.5B | ||
| Q3 24 | $13.5B | $4.0B | ||
| Q2 24 | $13.6B | $3.7B | ||
| Q1 24 | $13.5B | $3.6B |
负债/权益比AGCOAXON
| Q4 25 | 0.56× | 0.56× | ||
| Q3 25 | 0.61× | 0.66× | ||
| Q2 25 | 0.68× | 0.73× | ||
| Q1 25 | 0.74× | 0.79× | ||
| Q4 24 | 0.68× | 0.29× | ||
| Q3 24 | 0.95× | — | ||
| Q2 24 | 0.95× | — | ||
| Q1 24 | 0.78× | — |
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 | $763.6M | $217.2M |
| 自由现金流经营现金流 - 资本支出 | $675.0M | $155.4M |
| 自由现金流率自由现金流/营收 | 23.1% | 19.5% |
| 资本支出强度资本支出/营收 | 3.0% | 7.8% |
| 现金转化率经营现金流/净利润 | 8.00× | 79.14× |
| 过去12个月自由现金流最近4个季度 | $740.2M | $75.1M |
8季度趋势，按日历期对齐
经营现金流AGCOAXON
| Q4 25 | $763.6M | $217.2M | ||
| Q3 25 | $71.0M | $60.0M | ||
| Q2 25 | $365.7M | $-91.7M | ||
| Q1 25 | $-212.2M | $25.8M | ||
| Q4 24 | $797.9M | $250.2M | ||
| Q3 24 | $26.5M | $91.3M | ||
| Q2 24 | $235.5M | $82.8M | ||
| Q1 24 | $-370.0M | $-15.9M |
自由现金流AGCOAXON
| Q4 25 | $675.0M | $155.4M | ||
| Q3 25 | $2.1M | $33.4M | ||
| Q2 25 | $323.5M | $-114.7M | ||
| Q1 25 | $-260.4M | $932.0K | ||
| Q4 24 | $683.9M | $225.4M | ||
| Q3 24 | $-59.8M | $64.8M | ||
| Q2 24 | $137.5M | $71.4M | ||
| Q1 24 | $-465.0M | $-32.1M |
自由现金流率AGCOAXON
| Q4 25 | 23.1% | 19.5% | ||
| Q3 25 | 0.1% | 4.7% | ||
| Q2 25 | 12.3% | -17.2% | ||
| Q1 25 | -12.7% | 0.2% | ||
| Q4 24 | 23.7% | 39.3% | ||
| Q3 24 | -2.3% | 11.9% | ||
| Q2 24 | 4.2% | 14.2% | ||
| Q1 24 | -15.9% | -7.0% |
资本支出强度AGCOAXON
| Q4 25 | 3.0% | 7.8% | ||
| Q3 25 | 2.8% | 3.7% | ||
| Q2 25 | 1.6% | 3.4% | ||
| Q1 25 | 2.4% | 4.1% | ||
| Q4 24 | 3.9% | 4.3% | ||
| Q3 24 | 3.3% | 4.9% | ||
| Q2 24 | 3.0% | 2.2% | ||
| Q1 24 | 3.2% | 3.5% |
现金转化率AGCOAXON
| Q4 25 | 8.00× | 79.14× | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 1.16× | -2.54× | ||
| Q1 25 | -20.21× | 0.29× | ||
| Q4 24 | — | 1.84× | ||
| Q3 24 | 0.88× | 1.36× | ||
| Q2 24 | — | 2.03× | ||
| Q1 24 | -2.20× | -0.12× |
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
AGCO
暂无分部数据
AXON
| Software And Sensors Segment | $342.5M | 43% |
| TASER Devices Professional | $264.2M | 33% |
| Personal Sensors | $109.1M | 14% |
| Platform Solutions | $80.9M | 10% |
