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爱科（AGCO）与Brookfield Property Partners L.P.（BPYPP）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Brookfield Property Partners L.P.的1.6倍（$2.9B vs $1.8B），爱科净利率更高（3.3% vs -2.6%，领先5.8%），爱科同比增速更快（1.1% vs -25.6%）
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。
布鲁克菲尔德地产伙伴有限合伙企业是一家专业商业地产投资运营主体，持有写字楼、购物中心等优质物业资产，同时持有其关联方发起的其他类商业地产投资基金的有限合伙人少数权益，总部设于百慕大汉密尔顿。
AGCO vs BPYPP — 直观对比
营收规模更大
AGCO
是对方的1.6倍
$1.8B
营收增速更快
AGCO
高出26.8%
-25.6%
净利率更高
AGCO
高出5.8%
-2.6%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $1.8B |
| 净利润 | $95.5M | $-46.0M |
| 毛利率 | 25.4% | — |
| 营业利润率 | 7.9% | — |
| 净利率 | 3.3% | -2.6% |
| 营收同比 | 1.1% | -25.6% |
| 净利润同比 | 137.3% | 94.2% |
| 每股收益（稀释后） | $1.30 | — |
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AGCOBPYPP
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.6B | $1.8B | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $3.2B | $2.4B | ||
| Q1 24 | $2.9B | — |
净利润AGCOBPYPP
| Q4 25 | $95.5M | — | ||
| Q3 25 | $305.7M | — | ||
| Q2 25 | $314.8M | $-46.0M | ||
| Q1 25 | $10.5M | — | ||
| Q4 24 | $-255.7M | — | ||
| Q3 24 | $30.0M | — | ||
| Q2 24 | $-367.1M | $-789.0M | ||
| Q1 24 | $168.0M | — |
毛利率AGCOBPYPP
| Q4 25 | 25.4% | — | ||
| Q3 25 | 26.1% | — | ||
| Q2 25 | 25.0% | — | ||
| Q1 25 | 25.4% | — | ||
| Q4 24 | 23.9% | — | ||
| Q3 24 | 23.2% | — | ||
| Q2 24 | 25.8% | — | ||
| Q1 24 | 26.3% | — |
营业利润率AGCOBPYPP
| Q4 25 | 7.9% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | 6.2% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | -9.3% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | -7.4% | — | ||
| Q1 24 | 9.3% | — |
净利率AGCOBPYPP
| Q4 25 | 3.3% | — | ||
| Q3 25 | 12.3% | — | ||
| Q2 25 | 11.9% | -2.6% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | -8.9% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | -11.3% | -32.6% | ||
| Q1 24 | 5.7% | — |
每股收益（稀释后）AGCOBPYPP
| Q4 25 | $1.30 | — | ||
| Q3 25 | $4.09 | — | ||
| Q2 25 | $4.22 | — | ||
| Q1 25 | $0.14 | — | ||
| Q4 24 | $-3.42 | — | ||
| Q3 24 | $0.40 | — | ||
| Q2 24 | $-4.92 | — | ||
| Q1 24 | $2.25 | — |
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 | — |
| 股东权益账面价值 | $4.3B | $40.2B |
| 总资产 | $11.9B | $98.9B |
| 负债/权益比越低杠杆越低 | 0.56× | — |
8季度趋势，按日历期对齐
现金及短期投资AGCOBPYPP
| Q4 25 | $861.8M | — | ||
| Q3 25 | $884.1M | — | ||
| Q2 25 | $783.9M | $1.7B | ||
| Q1 25 | $562.6M | — | ||
| Q4 24 | $612.7M | — | ||
| Q3 24 | $622.6M | — | ||
| Q2 24 | $657.3M | $2.4B | ||
| Q1 24 | $2.5B | — |
总债务AGCOBPYPP
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.7B | — |
股东权益AGCOBPYPP
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.2B | $40.2B | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.1B | $48.5B | ||
| Q1 24 | $4.8B | — |
总资产AGCOBPYPP
| Q4 25 | $11.9B | — | ||
| Q3 25 | $12.5B | — | ||
| Q2 25 | $12.3B | $98.9B | ||
| Q1 25 | $11.5B | — | ||
| Q4 24 | $11.2B | — | ||
| Q3 24 | $13.5B | — | ||
| Q2 24 | $13.6B | $132.6B | ||
| Q1 24 | $13.5B | — |
负债/权益比AGCOBPYPP
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.68× | — | ||
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | $675.0M | — |
| 自由现金流率自由现金流/营收 | 23.1% | — |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 现金转化率经营现金流/净利润 | 8.00× | — |
| 过去12个月自由现金流最近4个季度 | $740.2M | — |
8季度趋势，按日历期对齐
经营现金流AGCOBPYPP
| Q4 25 | $763.6M | — | ||
| Q3 25 | $71.0M | — | ||
| Q2 25 | $365.7M | — | ||
| Q1 25 | $-212.2M | — | ||
| Q4 24 | $797.9M | — | ||
| Q3 24 | $26.5M | — | ||
| Q2 24 | $235.5M | — | ||
| Q1 24 | $-370.0M | — |
自由现金流AGCOBPYPP
| Q4 25 | $675.0M | — | ||
| Q3 25 | $2.1M | — | ||
| Q2 25 | $323.5M | — | ||
| Q1 25 | $-260.4M | — | ||
| Q4 24 | $683.9M | — | ||
| Q3 24 | $-59.8M | — | ||
| Q2 24 | $137.5M | — | ||
| Q1 24 | $-465.0M | — |
自由现金流率AGCOBPYPP
| Q4 25 | 23.1% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 12.3% | — | ||
| Q1 25 | -12.7% | — | ||
| Q4 24 | 23.7% | — | ||
| Q3 24 | -2.3% | — | ||
| Q2 24 | 4.2% | — | ||
| Q1 24 | -15.9% | — |
资本支出强度AGCOBPYPP
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 3.2% | — |
现金转化率AGCOBPYPP
| Q4 25 | 8.00× | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | -20.21× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.88× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -2.20× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
