vs
AMERICAN WOODMARK CORP（AMWD）与H2O AMERICA（HTO）财务数据对比。点击上方公司名可切换其他公司
AMERICAN WOODMARK CORP的季度营收约是H2O AMERICA的2.0倍（$394.6M vs $199.4M），H2O AMERICA净利率更高（8.1% vs 1.5%，领先6.6%），H2O AMERICA同比增速更快（1.5% vs -12.8%），过去两年H2O AMERICA的营收复合增速更高（15.3% 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。
H2O Wireless是美国的预付费移动通信服务商，依托AT&T网络运营，隶属于MVNO（移动虚拟网络运营商）Locus通信，自2019年起Locus成为Telrite控股的子公司，此前2010年起曾是KDDI美国旗下资产。该品牌主打无限制套餐服务，支持用户自带或购买无锁智能手机入网，AT&T合约机/锁网机也可兼容使用。
AMWD vs HTO — 直观对比
营收规模更大
AMWD
是对方的2.0倍
$199.4M
营收增速更快
HTO
高出14.3%
-12.8%
净利率更高
HTO
高出6.6%
1.5%
两年增速更快
HTO
近两年复合增速
-3.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $394.6M | $199.4M |
| 净利润 | $6.1M | $16.2M |
| 毛利率 | 15.2% | — |
| 营业利润率 | 3.1% | 16.6% |
| 净利率 | 1.5% | 8.1% |
| 营收同比 | -12.8% | 1.5% |
| 净利润同比 | -78.0% | -29.2% |
| 每股收益（稀释后） | $0.42 | $0.45 |
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AMWDHTO
| Q4 25 | $394.6M | $199.4M | ||
| Q3 25 | $403.0M | $243.5M | ||
| Q2 25 | $400.4M | $197.8M | ||
| Q1 25 | $397.6M | $164.9M | ||
| Q4 24 | $452.5M | $196.5M | ||
| Q3 24 | $459.1M | $216.7M | ||
| Q2 24 | $453.3M | $173.1M | ||
| Q1 24 | $422.1M | $150.0M |
净利润AMWDHTO
| Q4 25 | $6.1M | $16.2M | ||
| Q3 25 | $14.6M | $45.1M | ||
| Q2 25 | $25.6M | $24.7M | ||
| Q1 25 | $16.6M | $16.6M | ||
| Q4 24 | $27.7M | $22.9M | ||
| Q3 24 | $29.6M | $38.7M | ||
| Q2 24 | $26.8M | $20.7M | ||
| Q1 24 | $21.2M | $11.7M |
毛利率AMWDHTO
| 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AMWDHTO
| Q4 25 | 3.1% | 16.6% | ||
| Q3 25 | 5.0% | 26.5% | ||
| Q2 25 | 7.4% | 22.2% | ||
| Q1 25 | 5.3% | 21.8% | ||
| Q4 24 | 9.4% | 22.2% | ||
| Q3 24 | 10.2% | 26.9% | ||
| Q2 24 | 8.4% | 23.4% | ||
| Q1 24 | 6.6% | 18.6% |
净利率AMWDHTO
| Q4 25 | 1.5% | 8.1% | ||
| Q3 25 | 3.6% | 18.5% | ||
| Q2 25 | 6.4% | 12.5% | ||
| Q1 25 | 4.2% | 10.0% | ||
| Q4 24 | 6.1% | 11.7% | ||
| Q3 24 | 6.5% | 17.8% | ||
| Q2 24 | 5.9% | 12.0% | ||
| Q1 24 | 5.0% | 7.8% |
每股收益（稀释后）AMWDHTO
| Q4 25 | $0.42 | $0.45 | ||
| Q3 25 | $1.00 | $1.27 | ||
| Q2 25 | $1.73 | $0.71 | ||
| Q1 25 | $1.09 | $0.49 | ||
| Q4 24 | $1.79 | $0.70 | ||
| Q3 24 | $1.89 | $1.17 | ||
| Q2 24 | $1.70 | $0.64 | ||
| Q1 24 | $1.32 | $0.36 |
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 | $20.7M |
| 总债务越低越好 | $363.3M | $1.9B |
| 股东权益账面价值 | $928.2M | $1.5B |
| 总资产 | $1.6B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.39× | 1.23× |
8季度趋势，按日历期对齐
现金及短期投资AMWDHTO
| Q4 25 | $52.1M | $20.7M | ||
| Q3 25 | $54.9M | $11.3M | ||
| Q2 25 | $48.2M | $19.8M | ||
| Q1 25 | $43.5M | $23.7M | ||
| Q4 24 | $56.7M | $11.1M | ||
| Q3 24 | $89.3M | $4.0M | ||
| Q2 24 | $87.4M | $22.8M | ||
| Q1 24 | $97.8M | $4.5M |
总债务AMWDHTO
| Q4 25 | $363.3M | $1.9B | ||
| Q3 25 | $364.8M | — | ||
| Q2 25 | $365.8M | — | ||
| Q1 25 | $367.3M | — | ||
| Q4 24 | $368.0M | $1.7B | ||
| Q3 24 | $372.2M | — | ||
| Q2 24 | $371.8M | — | ||
| Q1 24 | $371.3M | — |
股东权益AMWDHTO
| Q4 25 | $928.2M | $1.5B | ||
| Q3 25 | $920.3M | $1.5B | ||
| Q2 25 | $916.0M | $1.5B | ||
| Q1 25 | $919.6M | $1.4B | ||
| Q4 24 | $915.1M | $1.4B | ||
| Q3 24 | $913.8M | $1.3B | ||
| Q2 24 | $910.4M | $1.3B | ||
| Q1 24 | $896.9M | $1.2B |
总资产AMWDHTO
| Q4 25 | $1.6B | $5.1B | ||
| Q3 25 | $1.6B | $5.0B | ||
| Q2 25 | $1.6B | $4.8B | ||
| Q1 25 | $1.6B | $4.7B | ||
| Q4 24 | $1.6B | $4.7B | ||
| Q3 24 | $1.6B | $4.6B | ||
| Q2 24 | $1.6B | $4.4B | ||
| Q1 24 | $1.6B | $4.4B |
负债/权益比AMWDHTO
| Q4 25 | 0.39× | 1.23× | ||
| Q3 25 | 0.40× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.40× | 1.26× | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | 0.41× | — |
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 | $63.5M |
| 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% | — |
| 现金转化率经营现金流/净利润 | 1.83× | 3.92× |
| 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AMWDHTO
| Q4 25 | $11.2M | $63.5M | ||
| Q3 25 | $33.1M | $77.3M | ||
| Q2 25 | $44.8M | $60.8M | ||
| Q1 25 | $11.0M | $43.2M | ||
| Q4 24 | $11.9M | $41.5M | ||
| Q3 24 | $40.8M | $53.5M | ||
| Q2 24 | $43.3M | $49.3M | ||
| Q1 24 | $43.7M | $51.2M |
自由现金流AMWDHTO
| Q4 25 | $638.0K | — | ||
| Q3 25 | $25.3M | — | ||
| Q2 25 | $35.8M | — | ||
| Q1 25 | $2.3M | — | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $29.5M | — | ||
| Q2 24 | $7.2M | — | ||
| Q1 24 | $22.1M | — |
自由现金流率AMWDHTO
| Q4 25 | 0.2% | — | ||
| Q3 25 | 6.3% | — | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 6.4% | — | ||
| Q2 24 | 1.6% | — | ||
| Q1 24 | 5.2% | — |
资本支出强度AMWDHTO
| Q4 25 | 2.7% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 5.1% | — |
现金转化率AMWDHTO
| Q4 25 | 1.83× | 3.92× | ||
| Q3 25 | 2.27× | 1.71× | ||
| Q2 25 | 1.75× | 2.47× | ||
| Q1 25 | 0.66× | 2.61× | ||
| Q4 24 | 0.43× | 1.81× | ||
| Q3 24 | 1.38× | 1.39× | ||
| Q2 24 | 1.62× | 2.38× | ||
| Q1 24 | 2.06× | 4.38× |
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% |
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
