vs
豪瑞（AMRZ）与国民油井华高（NOV）财务数据对比。点击上方公司名可切换其他公司
豪瑞的季度营收约是国民油井华高的1.8倍（$3.7B vs $2.1B），豪瑞净利率更高（14.8% vs 1.0%，领先13.9%），豪瑞同比增速更快（6.6% vs -9.9%），豪瑞自由现金流更多（$669.0M vs $51.0M）
豪瑞是总部位于瑞士的全球领先建筑材料及骨料供应商，为豪瑞集团旗下核心业务板块。原公司于2015年7月10日与拉法基合并组建拉法基豪瑞，2021年正式更名为豪瑞集团，合并完成后豪瑞品牌仍在集团内正常运营。
NOV Inc.（前称国民油井华高）是总部位于美国得克萨斯州休斯顿的跨国企业，为上游油气行业提供钻探及生产作业所需的设备零部件、油田服务及供应链整合服务，在六大洲布局超500个运营点，下设能源设备、能源产品与服务两大业务板块。
AMRZ vs NOV — 直观对比
营收规模更大
AMRZ
是对方的1.8倍
$2.1B
营收增速更快
AMRZ
高出16.5%
-9.9%
净利率更高
AMRZ
高出13.9%
1.0%
自由现金流更多
AMRZ
多$618.0M
$51.0M
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.7B | $2.1B |
| 净利润 | $545.0M | $20.0M |
| 毛利率 | 29.6% | 18.5% |
| 营业利润率 | 21.2% | 2.3% |
| 净利率 | 14.8% | 1.0% |
| 营收同比 | 6.6% | -9.9% |
| 净利润同比 | -1.4% | -73.0% |
| 每股收益（稀释后） | $0.98 | $0.05 |
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AMRZNOV
| Q1 26 | — | $2.1B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | $3.7B | $2.2B | ||
| Q2 25 | $3.2B | $2.2B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $3.4B | $2.2B | ||
| Q2 24 | $3.2B | $2.2B |
净利润AMRZNOV
| Q1 26 | — | $20.0M | ||
| Q4 25 | — | $-78.0M | ||
| Q3 25 | $545.0M | $42.0M | ||
| Q2 25 | $429.0M | $108.0M | ||
| Q1 25 | — | $73.0M | ||
| Q4 24 | — | $160.0M | ||
| Q3 24 | $553.0M | $130.0M | ||
| Q2 24 | $474.0M | $226.0M |
毛利率AMRZNOV
| Q1 26 | — | 18.5% | ||
| Q4 25 | — | 20.3% | ||
| Q3 25 | 29.6% | 18.9% | ||
| Q2 25 | 30.0% | 20.4% | ||
| Q1 25 | — | 21.3% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | 30.2% | 21.4% | ||
| Q2 24 | 30.2% | 26.6% |
营业利润率AMRZNOV
| Q1 26 | — | 2.3% | ||
| Q4 25 | — | 4.0% | ||
| Q3 25 | 21.2% | 4.9% | ||
| Q2 25 | 20.8% | 6.5% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | 24.5% | 8.9% | ||
| Q2 24 | 23.3% | 14.1% |
净利率AMRZNOV
| Q1 26 | — | 1.0% | ||
| Q4 25 | — | -3.4% | ||
| Q3 25 | 14.8% | 1.9% | ||
| Q2 25 | 13.3% | 4.9% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | 16.0% | 5.9% | ||
| Q2 24 | 14.6% | 10.2% |
每股收益（稀释后）AMRZNOV
| Q1 26 | — | $0.05 | ||
| Q4 25 | — | $-0.20 | ||
| Q3 25 | $0.98 | $0.11 | ||
| Q2 25 | $0.78 | $0.29 | ||
| Q1 25 | — | $0.19 | ||
| Q4 24 | — | $0.40 | ||
| Q3 24 | $1.00 | $0.33 | ||
| Q2 24 | $0.86 | $0.57 |
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 | $826.0M | $1.3B |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $12.9B | — |
| 总资产 | $24.0B | $11.1B |
| 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AMRZNOV
| Q1 26 | — | $1.3B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $826.0M | $1.2B | ||
| Q2 25 | $601.0M | $1.1B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $985.0M | ||
| Q2 24 | — | $827.0M |
总债务AMRZNOV
| Q1 26 | — | $1.7B | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
股东权益AMRZNOV
| Q1 26 | — | — | ||
| Q4 25 | — | $6.3B | ||
| Q3 25 | $12.9B | $6.5B | ||
| Q2 25 | $12.4B | $6.5B | ||
| Q1 25 | — | $6.4B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | $9.8B | $6.5B | ||
| Q2 24 | $9.3B | $6.4B |
总资产AMRZNOV
| Q1 26 | — | $11.1B | ||
| Q4 25 | — | $11.3B | ||
| Q3 25 | $24.0B | $11.3B | ||
| Q2 25 | $23.8B | $11.4B | ||
| Q1 25 | — | $11.3B | ||
| Q4 24 | — | $11.4B | ||
| Q3 24 | — | $11.4B | ||
| Q2 24 | — | $11.3B |
负债/权益比AMRZNOV
| Q1 26 | — | — | ||
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.27× |
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 | $854.0M | — |
| 自由现金流经营现金流 - 资本支出 | $669.0M | $51.0M |
| 自由现金流率自由现金流/营收 | 18.2% | 2.5% |
| 资本支出强度资本支出/营收 | 5.0% | — |
| 现金转化率经营现金流/净利润 | 1.57× | — |
| 过去12个月自由现金流最近4个季度 | — | $876.0M |
8季度趋势，按日历期对齐
经营现金流AMRZNOV
| Q1 26 | — | — | ||
| Q4 25 | — | $573.0M | ||
| Q3 25 | $854.0M | $352.0M | ||
| Q2 25 | — | $191.0M | ||
| Q1 25 | — | $135.0M | ||
| Q4 24 | — | $591.0M | ||
| Q3 24 | — | $359.0M | ||
| Q2 24 | — | $432.0M |
自由现金流AMRZNOV
| Q1 26 | — | $51.0M | ||
| Q4 25 | — | $472.0M | ||
| Q3 25 | $669.0M | $245.0M | ||
| Q2 25 | — | $108.0M | ||
| Q1 25 | — | $51.0M | ||
| Q4 24 | — | $473.0M | ||
| Q3 24 | — | $277.0M | ||
| Q2 24 | — | $350.0M |
自由现金流率AMRZNOV
| Q1 26 | — | 2.5% | ||
| Q4 25 | — | 20.7% | ||
| Q3 25 | 18.2% | 11.3% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 20.5% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 15.8% |
资本支出强度AMRZNOV
| Q1 26 | — | — | ||
| Q4 25 | — | 4.4% | ||
| Q3 25 | 5.0% | 4.9% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 3.7% |
现金转化率AMRZNOV
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.57× | 8.38× | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | 1.85× | ||
| Q4 24 | — | 3.69× | ||
| Q3 24 | — | 2.76× | ||
| Q2 24 | — | 1.91× |
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
AMRZ
| Building Materials | $2.8B | 75% |
| Building Envelope | $901.0M | 25% |
| Equity Method Investee | $5.0M | 0% |
NOV
| Energy Equipment | $1.2B | 58% |
| Energy Products and Services | $897.0M | 44% |
