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艾里逊变速箱控股公司（ALSN）与光辉国际（KFY）财务数据对比。点击上方公司名可切换其他公司
艾里逊变速箱控股公司的季度营收约是光辉国际的1.0倍（$737.0M vs $729.8M），艾里逊变速箱控股公司净利率更高（13.4% vs 9.9%，领先3.5%），光辉国际同比增速更快（7.0% vs -7.4%），艾里逊变速箱控股公司自由现金流更多（$169.0M vs $100.7M），过去两年光辉国际的营收复合增速更高（3.8% vs -3.4%）
艾里逊变速箱控股公司是美国商用自动变速箱及混合动力推进系统生产商，产品获全球250余家整车厂商指定采用，广泛应用于公交、环卫、消防、工程建设、物流配送、军工等多个领域及特种作业场景。
光辉国际是一家总部位于美国加利福尼亚州洛杉矶的管理咨询企业，成立于1969年。截至2019年，公司在全球53个国家设有111个办事处，员工总数达8198名，旗下设有咨询、数字化、高管寻访、招聘流程外包及专业人才寻访四大业务板块，为全球客户提供全方位的人力资源及管理解决方案。
ALSN vs KFY — 直观对比
营收规模更大
ALSN
是对方的1.0倍
$729.8M
营收增速更快
KFY
高出14.4%
-7.4%
净利率更高
ALSN
高出3.5%
9.9%
自由现金流更多
ALSN
多$68.3M
$100.7M
两年增速更快
KFY
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $737.0M | $729.8M |
| 净利润 | $99.0M | $72.4M |
| 毛利率 | 48.0% | — |
| 营业利润率 | 23.2% | 13.5% |
| 净利率 | 13.4% | 9.9% |
| 营收同比 | -7.4% | 7.0% |
| 净利润同比 | -43.4% | 19.1% |
| 每股收益（稀释后） | $1.18 | $1.36 |
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ALSNKFY
| Q4 25 | $737.0M | $729.8M | ||
| Q3 25 | $693.0M | $715.5M | ||
| Q2 25 | $814.0M | $719.8M | ||
| Q1 25 | $766.0M | $676.5M | ||
| Q4 24 | $796.0M | $682.0M | ||
| Q3 24 | $824.0M | $682.8M | ||
| Q2 24 | $816.0M | $699.9M | ||
| Q1 24 | $789.0M | $676.9M |
净利润ALSNKFY
| Q4 25 | $99.0M | $72.4M | ||
| Q3 25 | $137.0M | $66.6M | ||
| Q2 25 | $195.0M | $64.2M | ||
| Q1 25 | $192.0M | $58.4M | ||
| Q4 24 | $175.0M | $60.8M | ||
| Q3 24 | $200.0M | $62.6M | ||
| Q2 24 | $187.0M | $65.2M | ||
| Q1 24 | $169.0M | $59.1M |
毛利率ALSNKFY
| Q4 25 | 48.0% | — | ||
| Q3 25 | 47.5% | — | ||
| Q2 25 | 49.4% | — | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 46.9% | — | ||
| Q3 24 | 48.1% | — | ||
| Q2 24 | 48.3% | — | ||
| Q1 24 | 46.4% | — |
营业利润率ALSNKFY
| Q4 25 | 23.2% | 13.5% | ||
| Q3 25 | 29.4% | 11.7% | ||
| Q2 25 | 31.4% | 14.5% | ||
| Q1 25 | 32.5% | 11.6% | ||
| Q4 24 | 29.5% | 12.8% | ||
| Q3 24 | 31.6% | 11.1% | ||
| Q2 24 | 32.2% | 11.9% | ||
| Q1 24 | 29.7% | 7.4% |
净利率ALSNKFY
| Q4 25 | 13.4% | 9.9% | ||
| Q3 25 | 19.8% | 9.3% | ||
| Q2 25 | 24.0% | 8.9% | ||
| Q1 25 | 25.1% | 8.6% | ||
| Q4 24 | 22.0% | 8.9% | ||
| Q3 24 | 24.3% | 9.2% | ||
| Q2 24 | 22.9% | 9.3% | ||
| Q1 24 | 21.4% | 8.7% |
每股收益（稀释后）ALSNKFY
| Q4 25 | $1.18 | $1.36 | ||
| Q3 25 | $1.63 | $1.26 | ||
| Q2 25 | $2.29 | $1.19 | ||
| Q1 25 | $2.23 | $1.10 | ||
| Q4 24 | $2.01 | $1.14 | ||
| Q3 24 | $2.27 | $1.17 | ||
| Q2 24 | $2.13 | $1.25 | ||
| Q1 24 | $1.90 | $1.13 |
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 | $1.5B | $801.1M |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $1.9B | $1.9B |
| 总资产 | $6.1B | $3.7B |
| 负债/权益比越低杠杆越低 | 1.56× | — |
8季度趋势，按日历期对齐
现金及短期投资ALSNKFY
| Q4 25 | $1.5B | $801.1M | ||
| Q3 25 | $902.0M | $721.1M | ||
| Q2 25 | $778.0M | $1.0B | ||
| Q1 25 | $753.0M | $820.0M | ||
| Q4 24 | $781.0M | $735.5M | ||
| Q3 24 | $788.0M | $674.0M | ||
| Q2 24 | $648.0M | $983.7M | ||
| Q1 24 | $551.0M | $782.5M |
总债务ALSNKFY
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
股东权益ALSNKFY
| Q4 25 | $1.9B | $1.9B | ||
| Q3 25 | $1.8B | $1.9B | ||
| Q2 25 | $1.8B | $1.9B | ||
| Q1 25 | $1.7B | $1.8B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.3B | $1.7B |
总资产ALSNKFY
| Q4 25 | $6.1B | $3.7B | ||
| Q3 25 | $5.5B | $3.6B | ||
| Q2 25 | $5.4B | $3.9B | ||
| Q1 25 | $5.4B | $3.6B | ||
| Q4 24 | $5.3B | $3.5B | ||
| Q3 24 | $5.4B | $3.4B | ||
| Q2 24 | $5.2B | $3.7B | ||
| Q1 24 | $5.1B | $3.6B |
负债/权益比ALSNKFY
| Q4 25 | 1.56× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 1.38× | — | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | 1.46× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.63× | — | ||
| Q1 24 | 1.80× | — |
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 | $243.0M | $121.4M |
| 自由现金流经营现金流 - 资本支出 | $169.0M | $100.7M |
| 自由现金流率自由现金流/营收 | 22.9% | 13.8% |
| 资本支出强度资本支出/营收 | 10.0% | 2.8% |
| 现金转化率经营现金流/净利润 | 2.45× | 1.68× |
| 过去12个月自由现金流最近4个季度 | $661.0M | $272.6M |
8季度趋势，按日历期对齐
经营现金流ALSNKFY
| Q4 25 | $243.0M | $121.4M | ||
| Q3 25 | $228.0M | $-237.4M | ||
| Q2 25 | $184.0M | $255.8M | ||
| Q1 25 | $181.0M | $213.7M | ||
| Q4 24 | $211.0M | $122.0M | ||
| Q3 24 | $246.0M | $-227.2M | ||
| Q2 24 | $171.0M | $261.9M | ||
| Q1 24 | $173.0M | $164.0M |
自由现金流ALSNKFY
| Q4 25 | $169.0M | $100.7M | ||
| Q3 25 | $184.0M | $-260.0M | ||
| Q2 25 | $153.0M | $235.5M | ||
| Q1 25 | $155.0M | $196.4M | ||
| Q4 24 | $136.0M | $107.7M | ||
| Q3 24 | $210.0M | $-237.7M | ||
| Q2 24 | $150.0M | $250.0M | ||
| Q1 24 | $162.0M | $152.3M |
自由现金流率ALSNKFY
| Q4 25 | 22.9% | 13.8% | ||
| Q3 25 | 26.6% | -36.3% | ||
| Q2 25 | 18.8% | 32.7% | ||
| Q1 25 | 20.2% | 29.0% | ||
| Q4 24 | 17.1% | 15.8% | ||
| Q3 24 | 25.5% | -34.8% | ||
| Q2 24 | 18.4% | 35.7% | ||
| Q1 24 | 20.5% | 22.5% |
资本支出强度ALSNKFY
| Q4 25 | 10.0% | 2.8% | ||
| Q3 25 | 6.3% | 3.2% | ||
| Q2 25 | 3.8% | 2.8% | ||
| Q1 25 | 3.4% | 2.6% | ||
| Q4 24 | 9.4% | 2.1% | ||
| Q3 24 | 4.4% | 1.5% | ||
| Q2 24 | 2.6% | 1.7% | ||
| Q1 24 | 1.4% | 1.7% |
现金转化率ALSNKFY
| Q4 25 | 2.45× | 1.68× | ||
| Q3 25 | 1.66× | -3.56× | ||
| Q2 25 | 0.94× | 3.98× | ||
| Q1 25 | 0.94× | 3.66× | ||
| Q4 24 | 1.21× | 2.01× | ||
| Q3 24 | 1.23× | -3.63× | ||
| Q2 24 | 0.91× | 4.02× | ||
| Q1 24 | 1.02× | 2.78× |
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
ALSN
| North America On Highway | $361.0M | 49% |
| Service Parts Support Equipment And Other | $160.0M | 22% |
| Outside North America On Highway | $131.0M | 18% |
| Defense | $73.0M | 10% |
| Global Off-Highway | $12.0M | 2% |
KFY
| Industrial | $234.0M | 32% |
| Technology Service | $104.5M | 14% |
| RPO | $92.3M | 13% |
| Digital | $91.2M | 13% |
| Consumer Goods | $85.0M | 12% |
| Executive Search EMEA | $52.2M | 7% |
| Education Non Profit And General | $43.2M | 6% |
| Executive Search Asia Pacific | $24.3M | 3% |
| Reimbursed Out Of Pocket Engagement Expenses | $8.1M | 1% |
