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ALAMO GROUP INC（ALG）与A.O.史密斯（AOS）财务数据对比。点击上方公司名可切换其他公司
A.O.史密斯的季度营收约是ALAMO GROUP INC的2.4倍（$912.5M vs $373.6M）。A.O.史密斯净利率更高（13.7% vs 4.2%，领先9.6%）。A.O.史密斯同比增速更快（0.0% vs -3.0%）。A.O.史密斯自由现金流更多（$165.5M vs $69.9M）。过去两年A.O.史密斯的营收复合增速更高（-3.4% vs -6.3%）
Alamo Drafthouse Cinema是1997年在美国得克萨斯州奥斯汀成立的连锁影院品牌，主打观影期间提供餐食与饮品服务，同时严格要求观众遵守观影礼仪，2024年6月该连锁品牌被索尼影视体验部门收购。
A.O.史密斯是美国知名的家用及商用热水器、锅炉生产商，也是北美规模最大的热水器制造销售商，在亚洲市场还供应水处理和净化产品。公司在全球共有27个站点，包括北美5座生产基地，以及位于印度班加罗尔、中国南京、荷兰费尔德霍芬的工厂。
ALG vs AOS — 直观对比
营收规模更大
AOS
是对方的2.4倍
$373.6M
营收增速更快
AOS
高出3.0%
-3.0%
净利率更高
AOS
高出9.6%
4.2%
自由现金流更多
AOS
多$95.6M
$69.9M
两年增速更快
AOS
近两年复合增速
-6.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $373.6M | $912.5M |
| 净利润 | $15.5M | $125.4M |
| 毛利率 | 22.7% | 38.4% |
| 营业利润率 | 6.0% | 17.9% |
| 净利率 | 4.2% | 13.7% |
| 营收同比 | -3.0% | 0.0% |
| 净利润同比 | -44.8% | 14.3% |
| 每股收益（稀释后） | $1.28 | $0.89 |
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ALGAOS
| Q4 25 | $373.6M | $912.5M | ||
| Q3 25 | $420.0M | $942.5M | ||
| Q2 25 | $419.1M | $1.0B | ||
| Q1 25 | $390.9M | $963.9M | ||
| Q4 24 | $385.3M | $912.4M | ||
| Q3 24 | $401.3M | $902.6M | ||
| Q2 24 | $416.3M | $1.0B | ||
| Q1 24 | $425.6M | $978.8M |
净利润ALGAOS
| Q4 25 | $15.5M | $125.4M | ||
| Q3 25 | $25.4M | $132.0M | ||
| Q2 25 | $31.1M | $152.2M | ||
| Q1 25 | $31.8M | $136.6M | ||
| Q4 24 | $28.1M | $109.7M | ||
| Q3 24 | $27.4M | $120.1M | ||
| Q2 24 | $28.3M | $156.2M | ||
| Q1 24 | $32.1M | $147.6M |
毛利率ALGAOS
| Q4 25 | 22.7% | 38.4% | ||
| Q3 25 | 24.2% | 38.7% | ||
| Q2 25 | 25.8% | 39.3% | ||
| Q1 25 | 26.3% | 38.9% | ||
| Q4 24 | 23.8% | 37.1% | ||
| Q3 24 | 25.1% | 37.4% | ||
| Q2 24 | 26.0% | 38.7% | ||
| Q1 24 | 26.2% | 39.3% |
营业利润率ALGAOS
| Q4 25 | 6.0% | 17.9% | ||
| Q3 25 | 8.9% | 18.6% | ||
| Q2 25 | 11.2% | 20.4% | ||
| Q1 25 | 11.4% | 19.1% | ||
| Q4 24 | 8.9% | 10.1% | ||
| Q3 24 | 10.0% | 19.5% | ||
| Q2 24 | 10.4% | 21.9% | ||
| Q1 24 | 11.0% | 22.0% |
净利率ALGAOS
| Q4 25 | 4.2% | 13.7% | ||
| Q3 25 | 6.0% | 14.0% | ||
| Q2 25 | 7.4% | 15.0% | ||
| Q1 25 | 8.1% | 14.2% | ||
| Q4 24 | 7.3% | 12.0% | ||
| Q3 24 | 6.8% | 13.3% | ||
| Q2 24 | 6.8% | 15.2% | ||
| Q1 24 | 7.5% | 15.1% |
每股收益（稀释后）ALGAOS
| Q4 25 | $1.28 | $0.89 | ||
| Q3 25 | $2.10 | $0.94 | ||
| Q2 25 | $2.57 | $1.07 | ||
| Q1 25 | $2.64 | $0.95 | ||
| Q4 24 | $2.33 | $0.75 | ||
| Q3 24 | $2.28 | $0.82 | ||
| Q2 24 | $2.35 | $1.06 | ||
| Q1 24 | $2.67 | $1.00 |
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 | $309.7M | $193.2M |
| 总债务越低越好 | $190.7M | $155.0M |
| 股东权益账面价值 | $1.1B | $1.9B |
| 总资产 | $1.6B | $3.1B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资ALGAOS
| Q4 25 | $309.7M | $193.2M | ||
| Q3 25 | $244.8M | $172.8M | ||
| Q2 25 | $201.8M | $177.9M | ||
| Q1 25 | $200.3M | $200.2M | ||
| Q4 24 | $197.3M | $276.1M | ||
| Q3 24 | $140.0M | $255.6M | ||
| Q2 24 | $118.5M | $233.3M | ||
| Q1 24 | $121.8M | $303.1M |
总债务ALGAOS
| Q4 25 | $190.7M | $155.0M | ||
| Q3 25 | $194.4M | — | ||
| Q2 25 | $198.1M | — | ||
| Q1 25 | $201.8M | — | ||
| Q4 24 | $205.5M | $193.2M | ||
| Q3 24 | $209.2M | — | ||
| Q2 24 | $278.6M | — | ||
| Q1 24 | $306.5M | — |
股东权益ALGAOS
| Q4 25 | $1.1B | $1.9B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $1.1B | $1.9B | ||
| Q4 24 | $1.0B | $1.9B | ||
| Q3 24 | $1.0B | $1.9B | ||
| Q2 24 | $979.7M | $1.9B | ||
| Q1 24 | $956.6M | $1.9B |
总资产ALGAOS
| Q4 25 | $1.6B | $3.1B | ||
| Q3 25 | $1.6B | $3.2B | ||
| Q2 25 | $1.6B | $3.2B | ||
| Q1 25 | $1.5B | $3.3B | ||
| Q4 24 | $1.5B | $3.2B | ||
| Q3 24 | $1.5B | $3.2B | ||
| Q2 24 | $1.5B | $3.2B | ||
| Q1 24 | $1.5B | $3.2B |
负债/权益比ALGAOS
| Q4 25 | 0.17× | 0.08× | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | 0.20× | 0.10× | ||
| Q3 24 | 0.21× | — | ||
| Q2 24 | 0.28× | — | ||
| Q1 24 | 0.32× | — |
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 | $75.1M | $183.1M |
| 自由现金流经营现金流 - 资本支出 | $69.9M | $165.5M |
| 自由现金流率自由现金流/营收 | 18.7% | 18.1% |
| 资本支出强度资本支出/营收 | 1.4% | 1.9% |
| 现金转化率经营现金流/净利润 | 4.84× | 1.46× |
| 过去12个月自由现金流最近4个季度 | $146.9M | $546.0M |
8季度趋势，按日历期对齐
经营现金流ALGAOS
| Q4 25 | $75.1M | $183.1M | ||
| Q3 25 | $65.5M | $255.4M | ||
| Q2 25 | $22.7M | $139.6M | ||
| Q1 25 | $14.2M | $38.7M | ||
| Q4 24 | $79.1M | $221.9M | ||
| Q3 24 | $96.3M | $195.9M | ||
| Q2 24 | $33.2M | $57.4M | ||
| Q1 24 | $1.1M | $106.6M |
自由现金流ALGAOS
| Q4 25 | $69.9M | $165.5M | ||
| Q3 25 | $53.1M | $240.6M | ||
| Q2 25 | $15.7M | $122.5M | ||
| Q1 25 | $8.2M | $17.4M | ||
| Q4 24 | $73.1M | $191.3M | ||
| Q3 24 | $88.4M | $163.4M | ||
| Q2 24 | $28.8M | $34.5M | ||
| Q1 24 | $-5.5M | $84.6M |
自由现金流率ALGAOS
| Q4 25 | 18.7% | 18.1% | ||
| Q3 25 | 12.6% | 25.5% | ||
| Q2 25 | 3.8% | 12.1% | ||
| Q1 25 | 2.1% | 1.8% | ||
| Q4 24 | 19.0% | 21.0% | ||
| Q3 24 | 22.0% | 18.1% | ||
| Q2 24 | 6.9% | 3.4% | ||
| Q1 24 | -1.3% | 8.6% |
资本支出强度ALGAOS
| Q4 25 | 1.4% | 1.9% | ||
| Q3 25 | 3.0% | 1.6% | ||
| Q2 25 | 1.7% | 1.7% | ||
| Q1 25 | 1.5% | 2.2% | ||
| Q4 24 | 1.6% | 3.4% | ||
| Q3 24 | 2.0% | 3.6% | ||
| Q2 24 | 1.1% | 2.2% | ||
| Q1 24 | 1.6% | 2.2% |
现金转化率ALGAOS
| Q4 25 | 4.84× | 1.46× | ||
| Q3 25 | 2.58× | 1.93× | ||
| Q2 25 | 0.73× | 0.92× | ||
| Q1 25 | 0.45× | 0.28× | ||
| Q4 24 | 2.82× | 2.02× | ||
| Q3 24 | 3.51× | 1.63× | ||
| Q2 24 | 1.17× | 0.37× | ||
| Q1 24 | 0.03× | 0.72× |
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
ALG
| Wholegood Units | $293.2M | 78% |
| Parts | $61.6M | 16% |
| Other Revenue | $18.9M | 5% |
AOS
| North America Segment | $713.7M | 78% |
| Rest Of World | $158.3M | 17% |
| Other | $40.5M | 4% |
