vs
A.O.史密斯（AOS）与ARTS WAY MANUFACTURING CO INC（ARTW）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ARTS WAY MANUFACTURING CO INC的180.1倍（$912.5M vs $5.1M）。A.O.史密斯净利率更高（13.7% vs -12.7%，领先26.5%）。A.O.史密斯同比增速更快（0.0% vs -17.9%）。A.O.史密斯自由现金流更多（$165.5M vs $-1.0M）。过去两年A.O.史密斯的营收复合增速更高（-3.4% vs -5.9%）
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。
雅氏威制造是美国的生产企业，主打农业机械、模块化建筑与刀具产品，旗下拥有雅氏威、雅氏威科研、美国硬质合金刀具多个品牌，该企业曾为凯斯纽荷兰代工生产原厂离心风机。
AOS vs ARTW — 直观对比
营收规模更大
AOS
是对方的180.1倍
$5.1M
营收增速更快
AOS
高出17.9%
-17.9%
净利率更高
AOS
高出26.5%
-12.7%
自由现金流更多
AOS
多$166.5M
$-1.0M
两年增速更快
AOS
近两年复合增速
-5.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $5.1M |
| 净利润 | $125.4M | $-645.5K |
| 毛利率 | 38.4% | 18.6% |
| 营业利润率 | 17.9% | -11.2% |
| 净利率 | 13.7% | -12.7% |
| 营收同比 | 0.0% | -17.9% |
| 净利润同比 | 14.3% | -177.6% |
| 每股收益（稀释后） | $0.89 | $-0.13 |
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AOSARTW
| Q4 25 | $912.5M | $5.1M | ||
| Q3 25 | $942.5M | $6.4M | ||
| Q2 25 | $1.0B | $6.3M | ||
| Q1 25 | $963.9M | $5.1M | ||
| Q4 24 | $912.4M | $6.2M | ||
| Q3 24 | $902.6M | $5.9M | ||
| Q2 24 | $1.0B | $6.7M | ||
| Q1 24 | $978.8M | $5.7M |
净利润AOSARTW
| Q4 25 | $125.4M | $-645.5K | ||
| Q3 25 | $132.0M | $254.1K | ||
| Q2 25 | $152.2M | $1.5M | ||
| Q1 25 | $136.6M | $-55.8K | ||
| Q4 24 | $109.7M | $832.0K | ||
| Q3 24 | $120.1M | $-26.2K | ||
| Q2 24 | $156.2M | $-33.3K | ||
| Q1 24 | $147.6M | $-465.0K |
毛利率AOSARTW
| Q4 25 | 38.4% | 18.6% | ||
| Q3 25 | 38.7% | 27.5% | ||
| Q2 25 | 39.3% | 32.5% | ||
| Q1 25 | 38.9% | 29.1% | ||
| Q4 24 | 37.1% | 36.1% | ||
| Q3 24 | 37.4% | 28.9% | ||
| Q2 24 | 38.7% | 28.3% | ||
| Q1 24 | 39.3% | 25.7% |
营业利润率AOSARTW
| Q4 25 | 17.9% | -11.2% | ||
| Q3 25 | 18.6% | 5.4% | ||
| Q2 25 | 20.4% | 8.1% | ||
| Q1 25 | 19.1% | 0.0% | ||
| Q4 24 | 10.1% | 8.4% | ||
| Q3 24 | 19.5% | 2.6% | ||
| Q2 24 | 21.9% | 2.5% | ||
| Q1 24 | 22.0% | -6.6% |
净利率AOSARTW
| Q4 25 | 13.7% | -12.7% | ||
| Q3 25 | 14.0% | 4.0% | ||
| Q2 25 | 15.0% | 23.4% | ||
| Q1 25 | 14.2% | -1.1% | ||
| Q4 24 | 12.0% | 13.5% | ||
| Q3 24 | 13.3% | -0.4% | ||
| Q2 24 | 15.2% | -0.5% | ||
| Q1 24 | 15.1% | -8.1% |
每股收益（稀释后）AOSARTW
| Q4 25 | $0.89 | $-0.13 | ||
| Q3 25 | $0.94 | $0.05 | ||
| Q2 25 | $1.07 | $0.29 | ||
| Q1 25 | $0.95 | $-0.01 | ||
| Q4 24 | $0.75 | $0.17 | ||
| Q3 24 | $0.82 | $-0.01 | ||
| Q2 24 | $1.06 | $-0.01 | ||
| Q1 24 | $1.00 | $-0.09 |
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 | $193.2M | $4.8K |
| 总债务越低越好 | $155.0M | $2.5M |
| 股东权益账面价值 | $1.9B | $13.3M |
| 总资产 | $3.1B | $22.5M |
| 负债/权益比越低杠杆越低 | 0.08× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资AOSARTW
| Q4 25 | $193.2M | $4.8K | ||
| Q3 25 | $172.8M | $6.0K | ||
| Q2 25 | $177.9M | $4.5K | ||
| Q1 25 | $200.2M | $4.1K | ||
| Q4 24 | $276.1M | $1.9K | ||
| Q3 24 | $255.6M | $5.1K | ||
| Q2 24 | $233.3M | $4.5K | ||
| Q1 24 | $303.1M | $2.5K |
总债务AOSARTW
| Q4 25 | $155.0M | $2.5M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $193.2M | $2.1M | ||
| Q3 24 | — | $2.7M | ||
| Q2 24 | — | $2.7M | ||
| Q1 24 | — | $2.7M |
股东权益AOSARTW
| Q4 25 | $1.9B | $13.3M | ||
| Q3 25 | $1.8B | $13.9M | ||
| Q2 25 | $1.8B | $13.6M | ||
| Q1 25 | $1.9B | $12.1M | ||
| Q4 24 | $1.9B | $12.1M | ||
| Q3 24 | $1.9B | $11.3M | ||
| Q2 24 | $1.9B | $11.2M | ||
| Q1 24 | $1.9B | $11.2M |
总资产AOSARTW
| Q4 25 | $3.1B | $22.5M | ||
| Q3 25 | $3.2B | $21.8M | ||
| Q2 25 | $3.2B | $20.9M | ||
| Q1 25 | $3.3B | $21.0M | ||
| Q4 24 | $3.2B | $21.2M | ||
| Q3 24 | $3.2B | $23.5M | ||
| Q2 24 | $3.2B | $23.2M | ||
| Q1 24 | $3.2B | $24.3M |
负债/权益比AOSARTW
| Q4 25 | 0.08× | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | 0.17× | ||
| Q3 24 | — | 0.24× | ||
| Q2 24 | — | 0.24× | ||
| Q1 24 | — | 0.24× |
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 | $183.1M | $-889.2K |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $-1.0M |
| 自由现金流率自由现金流/营收 | 18.1% | -20.6% |
| 资本支出强度资本支出/营收 | 1.9% | 3.0% |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $546.0M | $-1.5M |
8季度趋势，按日历期对齐
经营现金流AOSARTW
| Q4 25 | $183.1M | $-889.2K | ||
| Q3 25 | $255.4M | $-1.3M | ||
| Q2 25 | $139.6M | $1.4M | ||
| Q1 25 | $38.7M | $-101.8K | ||
| Q4 24 | $221.9M | $1.2M | ||
| Q3 24 | $195.9M | $282.4K | ||
| Q2 24 | $57.4M | $1.2M | ||
| Q1 24 | $106.6M | $-99.3K |
自由现金流AOSARTW
| Q4 25 | $165.5M | $-1.0M | ||
| Q3 25 | $240.6M | $-1.5M | ||
| Q2 25 | $122.5M | $1.2M | ||
| Q1 25 | $17.4M | $-184.5K | ||
| Q4 24 | $191.3M | $1.1M | ||
| Q3 24 | $163.4M | $180.5K | ||
| Q2 24 | $34.5M | $1.0M | ||
| Q1 24 | $84.6M | $-380.4K |
自由现金流率AOSARTW
| Q4 25 | 18.1% | -20.6% | ||
| Q3 25 | 25.5% | -23.8% | ||
| Q2 25 | 12.1% | 19.3% | ||
| Q1 25 | 1.8% | -3.6% | ||
| Q4 24 | 21.0% | 17.6% | ||
| Q3 24 | 18.1% | 3.1% | ||
| Q2 24 | 3.4% | 15.1% | ||
| Q1 24 | 8.6% | -6.6% |
资本支出强度AOSARTW
| Q4 25 | 1.9% | 3.0% | ||
| Q3 25 | 1.6% | 4.1% | ||
| Q2 25 | 1.7% | 2.1% | ||
| Q1 25 | 2.2% | 1.6% | ||
| Q4 24 | 3.4% | 1.8% | ||
| Q3 24 | 3.6% | 1.7% | ||
| Q2 24 | 2.2% | 3.4% | ||
| Q1 24 | 2.2% | 4.9% |
现金转化率AOSARTW
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.93× | -4.99× | ||
| Q2 25 | 0.92× | 0.91× | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 2.02× | 1.44× | ||
| 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
AOS
| North America Segment | $713.7M | 78% |
| Rest Of World | $158.3M | 17% |
| Other | $40.5M | 4% |
ARTW
| Agricultural Products | $2.8M | 55% |
| Modular Buildings | $2.2M | 44% |
