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APPLIED INDUSTRIAL TECHNOLOGIES INC（AIT）与缤客控股（BKNG）财务数据对比。点击上方公司名可切换其他公司
缤客控股的季度营收约是APPLIED INDUSTRIAL TECHNOLOGIES INC的5.5倍（$6.3B vs $1.2B）。缤客控股同比增速更快（16.0% vs 8.4%）。缤客控股自由现金流更多（$1.4B vs $93.4M）。过去两年缤客控股的营收复合增速更高（19.9% vs 0.7%）
AIT（Applied Industrial Technologies Inc）是总部位于美国的全球化上市工业企业，主营轴承、动力传动产品、工程级流体动力组件及系统、特种流量控制产品等工业用品分销，同时为工业及流体动力应用场景提供工程设计、系统集成及定制化配套服务。
缤客控股是全球领先的旅行服务集团，旗下运营Booking.com、Priceline、Agoda、Kayak等知名在线平台，为休闲及商务旅客提供酒店预订、机票订购、租车服务、度假套餐、餐厅预约等服务，业务覆盖全球绝大多数国家和地区，合作数百万家旅游及餐饮商户。
AIT vs BKNG — 直观对比
营收规模更大
BKNG
是对方的5.5倍
$1.2B
营收增速更快
BKNG
高出7.7%
8.4%
自由现金流更多
BKNG
多$1.3B
$93.4M
两年增速更快
BKNG
近两年复合增速
0.7%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $6.3B |
| 净利润 | $95.3M | — |
| 毛利率 | 30.4% | — |
| 营业利润率 | 10.6% | 32.0% |
| 净利率 | 8.2% | — |
| 营收同比 | 8.4% | 16.0% |
| 净利润同比 | 2.2% | — |
| 每股收益（稀释后） | $2.51 | $43.66 |
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AITBKNG
| Q4 25 | $1.2B | $6.3B | ||
| Q3 25 | $1.2B | $9.0B | ||
| Q2 25 | $1.2B | $6.8B | ||
| Q1 25 | $1.2B | $4.8B | ||
| Q4 24 | $1.1B | $5.5B | ||
| Q3 24 | $1.1B | $8.0B | ||
| Q2 24 | $1.2B | $5.9B | ||
| Q1 24 | $1.1B | $4.4B |
净利润AITBKNG
| Q4 25 | $95.3M | — | ||
| Q3 25 | $100.8M | — | ||
| Q2 25 | $107.8M | — | ||
| Q1 25 | $99.8M | — | ||
| Q4 24 | $93.3M | — | ||
| Q3 24 | $92.1M | — | ||
| Q2 24 | $103.5M | — | ||
| Q1 24 | $97.2M | — |
毛利率AITBKNG
| Q4 25 | 30.4% | — | ||
| Q3 25 | 30.1% | — | ||
| Q2 25 | 30.6% | — | ||
| Q1 25 | 30.5% | — | ||
| Q4 24 | 30.6% | — | ||
| Q3 24 | 29.6% | — | ||
| Q2 24 | 30.7% | — | ||
| Q1 24 | 29.5% | — |
营业利润率AITBKNG
| Q4 25 | 10.6% | 32.0% | ||
| Q3 25 | 10.8% | 38.7% | ||
| Q2 25 | 11.0% | 33.1% | ||
| Q1 25 | 11.1% | 22.3% | ||
| Q4 24 | 11.3% | 31.6% | ||
| Q3 24 | 10.3% | 39.8% | ||
| Q2 24 | 12.0% | 31.7% | ||
| Q1 24 | 10.6% | 17.9% |
净利率AITBKNG
| Q4 25 | 8.2% | — | ||
| Q3 25 | 8.4% | — | ||
| Q2 25 | 8.8% | — | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 8.4% | — | ||
| Q2 24 | 8.9% | — | ||
| Q1 24 | 8.5% | — |
每股收益（稀释后）AITBKNG
| Q4 25 | $2.51 | $43.66 | ||
| Q3 25 | $2.63 | $84.41 | ||
| Q2 25 | $2.80 | $27.43 | ||
| Q1 25 | $2.57 | $10.07 | ||
| Q4 24 | $2.39 | $31.60 | ||
| Q3 24 | $2.36 | $74.34 | ||
| Q2 24 | $2.64 | $44.38 | ||
| Q1 24 | $2.48 | $22.37 |
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 | $406.0M | $17.2B |
| 总债务越低越好 | — | $18.7B |
| 股东权益账面价值 | $1.9B | $-5.6B |
| 总资产 | $3.2B | $29.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AITBKNG
| Q4 25 | $406.0M | $17.2B | ||
| Q3 25 | $418.7M | $16.5B | ||
| Q2 25 | $388.4M | $17.6B | ||
| Q1 25 | $352.8M | $15.6B | ||
| Q4 24 | $303.4M | $16.2B | ||
| Q3 24 | $538.5M | $15.8B | ||
| Q2 24 | $460.6M | $16.3B | ||
| Q1 24 | $456.5M | $16.0B |
总债务AITBKNG
| Q4 25 | — | $18.7B | ||
| Q3 25 | — | $17.0B | ||
| Q2 25 | — | $18.5B | ||
| Q1 25 | — | $16.0B | ||
| Q4 24 | — | $16.6B | ||
| Q3 24 | — | $16.2B | ||
| Q2 24 | — | $16.8B | ||
| Q1 24 | — | $16.9B |
股东权益AITBKNG
| Q4 25 | $1.9B | $-5.6B | ||
| Q3 25 | $1.9B | $-4.7B | ||
| Q2 25 | $1.8B | $-6.7B | ||
| Q1 25 | $1.8B | $-6.1B | ||
| Q4 24 | $1.8B | $-4.0B | ||
| Q3 24 | $1.8B | $-3.7B | ||
| Q2 24 | $1.7B | $-4.3B | ||
| Q1 24 | $1.7B | $-4.1B |
总资产AITBKNG
| Q4 25 | $3.2B | $29.3B | ||
| Q3 25 | $3.2B | $28.8B | ||
| Q2 25 | $3.2B | $30.7B | ||
| Q1 25 | $3.1B | $27.2B | ||
| Q4 24 | $3.0B | $27.7B | ||
| Q3 24 | $3.0B | $28.0B | ||
| Q2 24 | $3.0B | $28.5B | ||
| Q1 24 | $2.9B | $27.7B |
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 | $99.7M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $93.4M | $1.4B |
| 自由现金流率自由现金流/营收 | 8.0% | 22.3% |
| 资本支出强度资本支出/营收 | 0.5% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.05× | — |
| 过去12个月自由现金流最近4个季度 | $458.5M | $9.1B |
8季度趋势，按日历期对齐
经营现金流AITBKNG
| Q4 25 | $99.7M | $1.5B | ||
| Q3 25 | $119.3M | $1.4B | ||
| Q2 25 | $147.0M | $3.2B | ||
| Q1 25 | $122.5M | $3.3B | ||
| Q4 24 | $95.1M | $721.0M | ||
| Q3 24 | $127.7M | $2.4B | ||
| Q2 24 | $119.2M | $2.5B | ||
| Q1 24 | $84.2M | $2.7B |
自由现金流AITBKNG
| Q4 25 | $93.4M | $1.4B | ||
| Q3 25 | $112.0M | $1.4B | ||
| Q2 25 | $138.2M | $3.1B | ||
| Q1 25 | $114.9M | $3.2B | ||
| Q4 24 | $89.9M | $645.0M | ||
| Q3 24 | $122.2M | $2.3B | ||
| Q2 24 | $111.7M | $2.4B | ||
| Q1 24 | $76.7M | $2.6B |
自由现金流率AITBKNG
| Q4 25 | 8.0% | 22.3% | ||
| Q3 25 | 9.3% | 15.2% | ||
| Q2 25 | 11.3% | 46.1% | ||
| Q1 25 | 9.8% | 66.4% | ||
| Q4 24 | 8.4% | 11.8% | ||
| Q3 24 | 11.1% | 28.7% | ||
| Q2 24 | 9.6% | 40.6% | ||
| Q1 24 | 6.7% | 58.3% |
资本支出强度AITBKNG
| Q4 25 | 0.5% | 1.1% | ||
| Q3 25 | 0.6% | 0.7% | ||
| Q2 25 | 0.7% | 0.9% | ||
| Q1 25 | 0.6% | 2.5% | ||
| Q4 24 | 0.5% | 1.4% | ||
| Q3 24 | 0.5% | 1.0% | ||
| Q2 24 | 0.6% | 2.5% | ||
| Q1 24 | 0.7% | 2.9% |
现金转化率AITBKNG
| Q4 25 | 1.05× | — | ||
| Q3 25 | 1.18× | — | ||
| Q2 25 | 1.36× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | 1.15× | — | ||
| Q1 24 | 0.87× | — |
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
AIT
| Service Center Based Distribution Segment | $625.2M | 54% |
| Engineered Solutions Segment | $398.9M | 34% |
| Other | $75.8M | 7% |
| Hydradyne LLC | $63.1M | 5% |
BKNG
| Merchant Revenue | $4.2B | 67% |
| Agency Revenue | $1.8B | 28% |
| Advertisingandotherrevenues | $309.0M | 5% |
