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AMERICAN WOODMARK CORP（AMWD）与FORWARD AIR CORP（FWRD）财务数据对比。点击上方公司名可切换其他公司
FORWARD AIR CORP的季度营收约是AMERICAN WOODMARK CORP的1.6倍（$631.2M vs $394.6M），AMERICAN WOODMARK CORP净利率更高（1.5% vs -4.5%，领先6.0%），FORWARD AIR CORP同比增速更快（-0.3% vs -12.8%），过去两年FORWARD AIR CORP的营收复合增速更高（7.9% vs -3.3%）
美国木标公司是一家厨卫橱柜制造商，总部位于弗吉尼亚州温彻斯特。公司在美国多地设有多家生产基地与服务中心，其中生产基地分布在亚利桑那州、佐治亚州、印第安纳州、肯塔基州、马里兰州、田纳西州、弗吉尼亚州以及西弗吉尼亚州，服务网点覆盖全美各地。
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
AMWD vs FWRD — 直观对比
营收规模更大
FWRD
是对方的1.6倍
$394.6M
营收增速更快
FWRD
高出12.5%
-12.8%
净利率更高
AMWD
高出6.0%
-4.5%
两年增速更快
FWRD
近两年复合增速
-3.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $394.6M | $631.2M |
| 净利润 | $6.1M | $-28.3M |
| 毛利率 | 15.2% | — |
| 营业利润率 | 3.1% | -0.5% |
| 净利率 | 1.5% | -4.5% |
| 营收同比 | -12.8% | -0.3% |
| 净利润同比 | -78.0% | 22.2% |
| 每股收益（稀释后） | $0.42 | $-0.90 |
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AMWDFWRD
| Q4 25 | $394.6M | $631.2M | ||
| Q3 25 | $403.0M | $631.8M | ||
| Q2 25 | $400.4M | $618.8M | ||
| Q1 25 | $397.6M | $613.3M | ||
| Q4 24 | $452.5M | $632.8M | ||
| Q3 24 | $459.1M | $655.9M | ||
| Q2 24 | $453.3M | $643.7M | ||
| Q1 24 | $422.1M | $541.8M |
净利润AMWDFWRD
| Q4 25 | $6.1M | $-28.3M | ||
| Q3 25 | $14.6M | $-16.3M | ||
| Q2 25 | $25.6M | $-12.6M | ||
| Q1 25 | $16.6M | $-50.6M | ||
| Q4 24 | $27.7M | $-36.4M | ||
| Q3 24 | $29.6M | $-73.4M | ||
| Q2 24 | $26.8M | $-645.4M | ||
| Q1 24 | $21.2M | $-61.7M |
毛利率AMWDFWRD
| Q4 25 | 15.2% | — | ||
| Q3 25 | 16.7% | — | ||
| Q2 25 | 17.0% | — | ||
| Q1 25 | 15.0% | — | ||
| Q4 24 | 18.9% | — | ||
| Q3 24 | 20.2% | — | ||
| Q2 24 | 18.6% | — | ||
| Q1 24 | 19.2% | — |
营业利润率AMWDFWRD
| Q4 25 | 3.1% | -0.5% | ||
| Q3 25 | 5.0% | 2.4% | ||
| Q2 25 | 7.4% | 3.2% | ||
| Q1 25 | 5.3% | 0.8% | ||
| Q4 24 | 9.4% | 12.0% | ||
| Q3 24 | 10.2% | 3.5% | ||
| Q2 24 | 8.4% | -170.2% | ||
| Q1 24 | 6.6% | -12.1% |
净利率AMWDFWRD
| Q4 25 | 1.5% | -4.5% | ||
| Q3 25 | 3.6% | -2.6% | ||
| Q2 25 | 6.4% | -2.0% | ||
| Q1 25 | 4.2% | -8.3% | ||
| Q4 24 | 6.1% | -5.8% | ||
| Q3 24 | 6.5% | -11.2% | ||
| Q2 24 | 5.9% | -100.3% | ||
| Q1 24 | 5.0% | -11.4% |
每股收益（稀释后）AMWDFWRD
| Q4 25 | $0.42 | $-0.90 | ||
| Q3 25 | $1.00 | $-0.52 | ||
| Q2 25 | $1.73 | $-0.41 | ||
| Q1 25 | $1.09 | $-1.68 | ||
| Q4 24 | $1.79 | $-1.69 | ||
| Q3 24 | $1.89 | $-2.66 | ||
| Q2 24 | $1.70 | $-23.47 | ||
| Q1 24 | $1.32 | $-2.81 |
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 | $52.1M | $106.0M |
| 总债务越低越好 | $363.3M | $1.7B |
| 股东权益账面价值 | $928.2M | $113.3M |
| 总资产 | $1.6B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.39× | 14.89× |
8季度趋势，按日历期对齐
现金及短期投资AMWDFWRD
| Q4 25 | $52.1M | $106.0M | ||
| Q3 25 | $54.9M | $140.4M | ||
| Q2 25 | $48.2M | $95.1M | ||
| Q1 25 | $43.5M | $116.3M | ||
| Q4 24 | $56.7M | $104.9M | ||
| Q3 24 | $89.3M | $136.6M | ||
| Q2 24 | $87.4M | $84.9M | ||
| Q1 24 | $97.8M | $152.0M |
总债务AMWDFWRD
| Q4 25 | $363.3M | $1.7B | ||
| Q3 25 | $364.8M | $1.7B | ||
| Q2 25 | $365.8M | — | ||
| Q1 25 | $367.3M | — | ||
| Q4 24 | $368.0M | — | ||
| Q3 24 | $372.2M | — | ||
| Q2 24 | $371.8M | — | ||
| Q1 24 | $371.3M | $1.7B |
股东权益AMWDFWRD
| Q4 25 | $928.2M | $113.3M | ||
| Q3 25 | $920.3M | $139.8M | ||
| Q2 25 | $916.0M | $151.8M | ||
| Q1 25 | $919.6M | $154.6M | ||
| Q4 24 | $915.1M | $201.7M | ||
| Q3 24 | $913.8M | $226.1M | ||
| Q2 24 | $910.4M | $283.8M | ||
| Q1 24 | $896.9M | $926.1M |
总资产AMWDFWRD
| Q4 25 | $1.6B | $2.7B | ||
| Q3 25 | $1.6B | $2.8B | ||
| Q2 25 | $1.6B | $2.8B | ||
| Q1 25 | $1.6B | $2.8B | ||
| Q4 24 | $1.6B | $2.8B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.6B | $3.1B | ||
| Q1 24 | $1.6B | $4.0B |
负债/权益比AMWDFWRD
| Q4 25 | 0.39× | 14.89× | ||
| Q3 25 | 0.40× | 12.05× | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | 0.41× | 1.81× |
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 | $11.2M | — |
| 自由现金流经营现金流 - 资本支出 | $638.0K | — |
| 自由现金流率自由现金流/营收 | 0.2% | — |
| 资本支出强度资本支出/营收 | 2.7% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.83× | — |
| 过去12个月自由现金流最近4个季度 | $64.0M | — |
8季度趋势，按日历期对齐
经营现金流AMWDFWRD
| Q4 25 | $11.2M | — | ||
| Q3 25 | $33.1M | $52.7M | ||
| Q2 25 | $44.8M | — | ||
| Q1 25 | $11.0M | $27.6M | ||
| Q4 24 | $11.9M | $-23.2M | ||
| Q3 24 | $40.8M | $51.2M | ||
| Q2 24 | $43.3M | $-45.2M | ||
| Q1 24 | $43.7M | $-51.7M |
自由现金流AMWDFWRD
| Q4 25 | $638.0K | — | ||
| Q3 25 | $25.3M | $48.6M | ||
| Q2 25 | $35.8M | — | ||
| Q1 25 | $2.3M | $15.7M | ||
| Q4 24 | $1.1M | $-30.5M | ||
| Q3 24 | $29.5M | $40.7M | ||
| Q2 24 | $7.2M | $-59.6M | ||
| Q1 24 | $22.1M | $-56.7M |
自由现金流率AMWDFWRD
| Q4 25 | 0.2% | — | ||
| Q3 25 | 6.3% | 7.7% | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 0.6% | 2.6% | ||
| Q4 24 | 0.2% | -4.8% | ||
| Q3 24 | 6.4% | 6.2% | ||
| Q2 24 | 1.6% | -9.3% | ||
| Q1 24 | 5.2% | -10.5% |
资本支出强度AMWDFWRD
| Q4 25 | 2.7% | 1.3% | ||
| Q3 25 | 1.9% | 0.7% | ||
| Q2 25 | 2.2% | 0.8% | ||
| Q1 25 | 2.2% | 1.9% | ||
| Q4 24 | 2.4% | 1.1% | ||
| Q3 24 | 2.5% | 1.6% | ||
| Q2 24 | 8.0% | 2.2% | ||
| Q1 24 | 5.1% | 0.9% |
现金转化率AMWDFWRD
| Q4 25 | 1.83× | — | ||
| Q3 25 | 2.27× | — | ||
| Q2 25 | 1.75× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 2.06× | — |
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
AMWD
| Home Center Retailers | $166.7M | 42% |
| Builders | $164.7M | 42% |
| Independent Dealersand Distributors | $63.2M | 16% |
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
