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爱科（AGCO）与加拿大国家铁路（CP）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加拿大国家铁路的1.0倍（$2.9B vs $2.8B），加拿大国家铁路净利率更高（27.7% vs 3.3%，领先24.4%），加拿大国家铁路同比增速更快（1.3% vs 1.1%），爱科自由现金流更多（$675.0M vs $537.3M），过去两年加拿大国家铁路的营收复合增速更高（5.6% 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。
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
AGCO vs CP — 直观对比
营收规模更大
AGCO
是对方的1.0倍
$2.8B
营收增速更快
CP
高出0.2%
1.1%
净利率更高
CP
高出24.4%
3.3%
自由现金流更多
AGCO
多$137.7M
$537.3M
两年增速更快
CP
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $2.8B |
| 净利润 | $95.5M | $786.2M |
| 毛利率 | 25.4% | — |
| 营业利润率 | 7.9% | 41.4% |
| 净利率 | 3.3% | 27.7% |
| 营收同比 | 1.1% | 1.3% |
| 净利润同比 | 137.3% | -10.3% |
| 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AGCOCP
| Q4 25 | $2.9B | $2.8B | ||
| Q3 25 | $2.5B | $2.7B | ||
| Q2 25 | $2.6B | $2.7B | ||
| Q1 25 | $2.1B | $2.8B | ||
| Q4 24 | $2.9B | $2.8B | ||
| Q3 24 | $2.6B | $2.6B | ||
| Q2 24 | $3.2B | $2.6B | ||
| Q1 24 | $2.9B | $2.5B |
净利润AGCOCP
| Q4 25 | $95.5M | $786.2M | ||
| Q3 25 | $305.7M | $671.6M | ||
| Q2 25 | $314.8M | $900.8M | ||
| Q1 25 | $10.5M | $664.3M | ||
| Q4 24 | $-255.7M | $876.7M | ||
| Q3 24 | $30.0M | $611.0M | ||
| Q2 24 | $-367.1M | $660.6M | ||
| Q1 24 | $168.0M | $565.8M |
毛利率AGCOCP
| 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AGCOCP
| Q4 25 | 7.9% | 41.4% | ||
| Q3 25 | 6.1% | 36.8% | ||
| Q2 25 | 6.2% | 36.6% | ||
| Q1 25 | 2.4% | 35.0% | ||
| Q4 24 | -9.3% | 40.6% | ||
| Q3 24 | 4.4% | 34.3% | ||
| Q2 24 | -7.4% | 35.4% | ||
| Q1 24 | 9.3% | 32.9% |
净利率AGCOCP
| Q4 25 | 3.3% | 27.7% | ||
| Q3 25 | 12.3% | 25.3% | ||
| Q2 25 | 11.9% | 33.6% | ||
| Q1 25 | 0.5% | 24.2% | ||
| Q4 24 | -8.9% | 31.2% | ||
| Q3 24 | 1.2% | 23.9% | ||
| Q2 24 | -11.3% | 25.3% | ||
| Q1 24 | 5.7% | 22.2% |
每股收益（稀释后）AGCOCP
| 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 | $134.3M |
| 总债务越低越好 | $2.4B | $14.6B |
| 股东权益账面价值 | $4.3B | $33.5B |
| 总资产 | $11.9B | $62.7B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资AGCOCP
| Q4 25 | $861.8M | $134.3M | ||
| Q3 25 | $884.1M | $300.0M | ||
| Q2 25 | $783.9M | $583.3M | ||
| Q1 25 | $562.6M | $507.4M | ||
| Q4 24 | $612.7M | $539.5M | ||
| Q3 24 | $622.6M | $338.0M | ||
| Q2 24 | $657.3M | $406.6M | ||
| Q1 24 | $2.5B | $378.9M |
总债务AGCOCP
| Q4 25 | $2.4B | $14.6B | ||
| Q3 25 | $2.7B | $15.8B | ||
| Q2 25 | $2.8B | $15.5B | ||
| Q1 25 | $2.8B | $15.4B | ||
| Q4 24 | $2.6B | $14.5B | ||
| Q3 24 | $4.0B | $13.7B | ||
| Q2 24 | $3.9B | $13.8B | ||
| Q1 24 | $3.7B | $13.7B |
股东权益AGCOCP
| Q4 25 | $4.3B | $33.5B | ||
| Q3 25 | $4.5B | $33.4B | ||
| Q2 25 | $4.2B | $33.7B | ||
| Q1 25 | $3.8B | $35.2B | ||
| Q4 24 | $3.7B | $35.0B | ||
| Q3 24 | $4.1B | $32.2B | ||
| Q2 24 | $4.1B | $32.0B | ||
| Q1 24 | $4.8B | $31.3B |
总资产AGCOCP
| Q4 25 | $11.9B | $62.7B | ||
| Q3 25 | $12.5B | $63.3B | ||
| Q2 25 | $12.3B | $62.2B | ||
| Q1 25 | $11.5B | $64.3B | ||
| Q4 24 | $11.2B | $64.1B | ||
| Q3 24 | $13.5B | $60.0B | ||
| Q2 24 | $13.6B | $60.4B | ||
| Q1 24 | $13.5B | $59.6B |
负债/权益比AGCOCP
| Q4 25 | 0.56× | 0.43× | ||
| Q3 25 | 0.61× | 0.47× | ||
| Q2 25 | 0.68× | 0.46× | ||
| Q1 25 | 0.74× | 0.44× | ||
| Q4 24 | 0.68× | 0.41× | ||
| Q3 24 | 0.95× | 0.42× | ||
| Q2 24 | 0.95× | 0.43× | ||
| Q1 24 | 0.78× | 0.44× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $675.0M | $537.3M |
| 自由现金流率自由现金流/营收 | 23.1% | 18.9% |
| 资本支出强度资本支出/营收 | 3.0% | 20.2% |
| 现金转化率经营现金流/净利润 | 8.00× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $740.2M | $1.6B |
8季度趋势，按日历期对齐
经营现金流AGCOCP
| Q4 25 | $763.6M | $1.1B | ||
| Q3 25 | $71.0M | $930.0M | ||
| Q2 25 | $365.7M | $989.1M | ||
| Q1 25 | $-212.2M | $843.9M | ||
| Q4 24 | $797.9M | $1.2B | ||
| Q3 24 | $26.5M | $928.6M | ||
| Q2 24 | $235.5M | $932.9M | ||
| Q1 24 | $-370.0M | $741.0M |
自由现金流AGCOCP
| Q4 25 | $675.0M | $537.3M | ||
| Q3 25 | $2.1M | $302.2M | ||
| Q2 25 | $323.5M | $446.8M | ||
| Q1 25 | $-260.4M | $324.9M | ||
| Q4 24 | $683.9M | $702.3M | ||
| Q3 24 | $-59.8M | $382.5M | ||
| Q2 24 | $137.5M | $343.1M | ||
| Q1 24 | $-465.0M | $356.2M |
自由现金流率AGCOCP
| Q4 25 | 23.1% | 18.9% | ||
| Q3 25 | 0.1% | 11.4% | ||
| Q2 25 | 12.3% | 16.7% | ||
| Q1 25 | -12.7% | 11.8% | ||
| Q4 24 | 23.7% | 25.0% | ||
| Q3 24 | -2.3% | 15.0% | ||
| Q2 24 | 4.2% | 13.1% | ||
| Q1 24 | -15.9% | 14.0% |
资本支出强度AGCOCP
| Q4 25 | 3.0% | 20.2% | ||
| Q3 25 | 2.8% | 23.7% | ||
| Q2 25 | 1.6% | 20.2% | ||
| Q1 25 | 2.4% | 18.9% | ||
| Q4 24 | 3.9% | 19.3% | ||
| Q3 24 | 3.3% | 21.4% | ||
| Q2 24 | 3.0% | 22.6% | ||
| Q1 24 | 3.2% | 15.1% |
现金转化率AGCOCP
| Q4 25 | 8.00× | 1.42× | ||
| Q3 25 | 0.23× | 1.38× | ||
| Q2 25 | 1.16× | 1.10× | ||
| Q1 25 | -20.21× | 1.27× | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | 0.88× | 1.52× | ||
| Q2 24 | — | 1.41× | ||
| Q1 24 | -2.20× | 1.31× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
