vs
Alliance Laundry Holdings Inc.（ALH）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Alliance Laundry Holdings Inc.的2.1倍（$912.5M vs $437.6M）。A.O.史密斯净利率更高（13.7% vs 7.5%，领先6.2%）。Alliance Laundry Holdings Inc.同比增速更快（13.9% vs 0.0%）。A.O.史密斯自由现金流更多（$165.5M vs $87.0M）
联合洗衣控股有限公司是美国商业洗衣系统供应商，旗下拥有Speed Queen、Primus等多个知名品牌，专注于商用及工业洗衣设备的设计、生产与销售，产品覆盖洗衣机、滚筒烘干机、熨烫机等，服务于投币洗衣点、多住户住宅洗衣房、机构洗衣设施及家用洗衣场景，业务遍及全球100多个国家和地区。
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。
ALH vs AOS — 直观对比
营收规模更大
AOS
是对方的2.1倍
$437.6M
营收增速更快
ALH
高出13.9%
0.0%
净利率更高
AOS
高出6.2%
7.5%
自由现金流更多
AOS
多$78.5M
$87.0M
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $437.6M | $912.5M |
| 净利润 | $32.9M | $125.4M |
| 毛利率 | 37.0% | 38.4% |
| 营业利润率 | 19.5% | 17.9% |
| 净利率 | 7.5% | 13.7% |
| 营收同比 | 13.9% | 0.0% |
| 净利润同比 | 620.3% | 14.3% |
| 每股收益（稀释后） | $0.19 | $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ALHAOS
| Q4 25 | — | $912.5M | ||
| Q3 25 | $437.6M | $942.5M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $963.9M | ||
| Q4 24 | — | $912.4M | ||
| Q3 24 | $384.3M | $902.6M | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $978.8M |
净利润ALHAOS
| Q4 25 | — | $125.4M | ||
| Q3 25 | $32.9M | $132.0M | ||
| Q2 25 | — | $152.2M | ||
| Q1 25 | — | $136.6M | ||
| Q4 24 | — | $109.7M | ||
| Q3 24 | $-6.3M | $120.1M | ||
| Q2 24 | — | $156.2M | ||
| Q1 24 | — | $147.6M |
毛利率ALHAOS
| Q4 25 | — | 38.4% | ||
| Q3 25 | 37.0% | 38.7% | ||
| Q2 25 | — | 39.3% | ||
| Q1 25 | — | 38.9% | ||
| Q4 24 | — | 37.1% | ||
| Q3 24 | 37.2% | 37.4% | ||
| Q2 24 | — | 38.7% | ||
| Q1 24 | — | 39.3% |
营业利润率ALHAOS
| Q4 25 | — | 17.9% | ||
| Q3 25 | 19.5% | 18.6% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | 18.7% | 19.5% | ||
| Q2 24 | — | 21.9% | ||
| Q1 24 | — | 22.0% |
净利率ALHAOS
| Q4 25 | — | 13.7% | ||
| Q3 25 | 7.5% | 14.0% | ||
| Q2 25 | — | 15.0% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | -1.6% | 13.3% | ||
| Q2 24 | — | 15.2% | ||
| Q1 24 | — | 15.1% |
每股收益（稀释后）ALHAOS
| Q4 25 | — | $0.89 | ||
| Q3 25 | $0.19 | $0.94 | ||
| Q2 25 | — | $1.07 | ||
| Q1 25 | — | $0.95 | ||
| Q4 24 | — | $0.75 | ||
| Q3 24 | $-0.04 | $0.82 | ||
| Q2 24 | — | $1.06 | ||
| Q1 24 | — | $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 | $136.2M | $193.2M |
| 总债务越低越好 | — | $155.0M |
| 股东权益账面价值 | $-136.4M | $1.9B |
| 总资产 | $2.9B | $3.1B |
| 负债/权益比越低杠杆越低 | — | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资ALHAOS
| Q4 25 | — | $193.2M | ||
| Q3 25 | $136.2M | $172.8M | ||
| Q2 25 | — | $177.9M | ||
| Q1 25 | — | $200.2M | ||
| Q4 24 | — | $276.1M | ||
| Q3 24 | $128.4M | $255.6M | ||
| Q2 24 | — | $233.3M | ||
| Q1 24 | — | $303.1M |
总债务ALHAOS
| Q4 25 | — | $155.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $193.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALHAOS
| Q4 25 | — | $1.9B | ||
| Q3 25 | $-136.4M | $1.8B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $-284.6M | $1.9B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.9B |
总资产ALHAOS
| Q4 25 | — | $3.1B | ||
| Q3 25 | $2.9B | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
负债/权益比ALHAOS
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $116.8M | $183.1M |
| 自由现金流经营现金流 - 资本支出 | $87.0M | $165.5M |
| 自由现金流率自由现金流/营收 | 19.9% | 18.1% |
| 资本支出强度资本支出/营收 | 6.8% | 1.9% |
| 现金转化率经营现金流/净利润 | 3.55× | 1.46× |
| 过去12个月自由现金流最近4个季度 | — | $546.0M |
8季度趋势，按日历期对齐
经营现金流ALHAOS
| Q4 25 | — | $183.1M | ||
| Q3 25 | $116.8M | $255.4M | ||
| Q2 25 | — | $139.6M | ||
| Q1 25 | — | $38.7M | ||
| Q4 24 | — | $221.9M | ||
| Q3 24 | — | $195.9M | ||
| Q2 24 | — | $57.4M | ||
| Q1 24 | — | $106.6M |
自由现金流ALHAOS
| Q4 25 | — | $165.5M | ||
| Q3 25 | $87.0M | $240.6M | ||
| Q2 25 | — | $122.5M | ||
| Q1 25 | — | $17.4M | ||
| Q4 24 | — | $191.3M | ||
| Q3 24 | — | $163.4M | ||
| Q2 24 | — | $34.5M | ||
| Q1 24 | — | $84.6M |
自由现金流率ALHAOS
| Q4 25 | — | 18.1% | ||
| Q3 25 | 19.9% | 25.5% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 21.0% | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 8.6% |
资本支出强度ALHAOS
| Q4 25 | — | 1.9% | ||
| Q3 25 | 6.8% | 1.6% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 2.2% |
现金转化率ALHAOS
| Q4 25 | — | 1.46× | ||
| Q3 25 | 3.55× | 1.93× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 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
ALH
| Equipment Product Or Service | $275.7M | 63% |
| Other | $106.8M | 24% |
| Service Parts | $33.1M | 8% |
| Equipment Financing | $12.6M | 3% |
AOS
| North America Segment | $713.7M | 78% |
| Rest Of World | $158.3M | 17% |
| Other | $40.5M | 4% |
