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A.O.史密斯（AOS）与加拿大国家铁路（CP）财务数据对比。点击上方公司名可切换其他公司
加拿大国家铁路的季度营收约是A.O.史密斯的3.1倍（$2.8B vs $912.5M）。加拿大国家铁路净利率更高（27.7% vs 13.7%，领先13.9%）。加拿大国家铁路同比增速更快（1.3% vs 0.0%）。加拿大国家铁路自由现金流更多（$537.3M vs $165.5M）。过去两年加拿大国家铁路的营收复合增速更高（5.6% vs -3.4%）
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。
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
AOS vs CP — 直观对比
营收规模更大
CP
是对方的3.1倍
$912.5M
营收增速更快
CP
高出1.3%
0.0%
净利率更高
CP
高出13.9%
13.7%
自由现金流更多
CP
多$371.8M
$165.5M
两年增速更快
CP
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $2.8B |
| 净利润 | $125.4M | $786.2M |
| 毛利率 | 38.4% | — |
| 营业利润率 | 17.9% | 41.4% |
| 净利率 | 13.7% | 27.7% |
| 营收同比 | 0.0% | 1.3% |
| 净利润同比 | 14.3% | -10.3% |
| 每股收益（稀释后） | $0.89 | — |
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AOSCP
| Q4 25 | $912.5M | $2.8B | ||
| Q3 25 | $942.5M | $2.7B | ||
| Q2 25 | $1.0B | $2.7B | ||
| Q1 25 | $963.9M | $2.8B | ||
| Q4 24 | $912.4M | $2.8B | ||
| Q3 24 | $902.6M | $2.6B | ||
| Q2 24 | $1.0B | $2.6B | ||
| Q1 24 | $978.8M | $2.5B |
净利润AOSCP
| Q4 25 | $125.4M | $786.2M | ||
| Q3 25 | $132.0M | $671.6M | ||
| Q2 25 | $152.2M | $900.8M | ||
| Q1 25 | $136.6M | $664.3M | ||
| Q4 24 | $109.7M | $876.7M | ||
| Q3 24 | $120.1M | $611.0M | ||
| Q2 24 | $156.2M | $660.6M | ||
| Q1 24 | $147.6M | $565.8M |
毛利率AOSCP
| Q4 25 | 38.4% | — | ||
| Q3 25 | 38.7% | — | ||
| Q2 25 | 39.3% | — | ||
| Q1 25 | 38.9% | — | ||
| Q4 24 | 37.1% | — | ||
| Q3 24 | 37.4% | — | ||
| Q2 24 | 38.7% | — | ||
| Q1 24 | 39.3% | — |
营业利润率AOSCP
| Q4 25 | 17.9% | 41.4% | ||
| Q3 25 | 18.6% | 36.8% | ||
| Q2 25 | 20.4% | 36.6% | ||
| Q1 25 | 19.1% | 35.0% | ||
| Q4 24 | 10.1% | 40.6% | ||
| Q3 24 | 19.5% | 34.3% | ||
| Q2 24 | 21.9% | 35.4% | ||
| Q1 24 | 22.0% | 32.9% |
净利率AOSCP
| Q4 25 | 13.7% | 27.7% | ||
| Q3 25 | 14.0% | 25.3% | ||
| Q2 25 | 15.0% | 33.6% | ||
| Q1 25 | 14.2% | 24.2% | ||
| Q4 24 | 12.0% | 31.2% | ||
| Q3 24 | 13.3% | 23.9% | ||
| Q2 24 | 15.2% | 25.3% | ||
| Q1 24 | 15.1% | 22.2% |
每股收益（稀释后）AOSCP
| Q4 25 | $0.89 | — | ||
| Q3 25 | $0.94 | — | ||
| Q2 25 | $1.07 | — | ||
| Q1 25 | $0.95 | — | ||
| Q4 24 | $0.75 | — | ||
| Q3 24 | $0.82 | — | ||
| Q2 24 | $1.06 | — | ||
| Q1 24 | $1.00 | — |
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 | $134.3M |
| 总债务越低越好 | $155.0M | $14.6B |
| 股东权益账面价值 | $1.9B | $33.5B |
| 总资产 | $3.1B | $62.7B |
| 负债/权益比越低杠杆越低 | 0.08× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资AOSCP
| Q4 25 | $193.2M | $134.3M | ||
| Q3 25 | $172.8M | $300.0M | ||
| Q2 25 | $177.9M | $583.3M | ||
| Q1 25 | $200.2M | $507.4M | ||
| Q4 24 | $276.1M | $539.5M | ||
| Q3 24 | $255.6M | $338.0M | ||
| Q2 24 | $233.3M | $406.6M | ||
| Q1 24 | $303.1M | $378.9M |
总债务AOSCP
| Q4 25 | $155.0M | $14.6B | ||
| Q3 25 | — | $15.8B | ||
| Q2 25 | — | $15.5B | ||
| Q1 25 | — | $15.4B | ||
| Q4 24 | $193.2M | $14.5B | ||
| Q3 24 | — | $13.7B | ||
| Q2 24 | — | $13.8B | ||
| Q1 24 | — | $13.7B |
股东权益AOSCP
| Q4 25 | $1.9B | $33.5B | ||
| Q3 25 | $1.8B | $33.4B | ||
| Q2 25 | $1.8B | $33.7B | ||
| Q1 25 | $1.9B | $35.2B | ||
| Q4 24 | $1.9B | $35.0B | ||
| Q3 24 | $1.9B | $32.2B | ||
| Q2 24 | $1.9B | $32.0B | ||
| Q1 24 | $1.9B | $31.3B |
总资产AOSCP
| Q4 25 | $3.1B | $62.7B | ||
| Q3 25 | $3.2B | $63.3B | ||
| Q2 25 | $3.2B | $62.2B | ||
| Q1 25 | $3.3B | $64.3B | ||
| Q4 24 | $3.2B | $64.1B | ||
| Q3 24 | $3.2B | $60.0B | ||
| Q2 24 | $3.2B | $60.4B | ||
| Q1 24 | $3.2B | $59.6B |
负债/权益比AOSCP
| Q4 25 | 0.08× | 0.43× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | 0.10× | 0.41× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 0.44× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $537.3M |
| 自由现金流率自由现金流/营收 | 18.1% | 18.9% |
| 资本支出强度资本支出/营收 | 1.9% | 20.2% |
| 现金转化率经营现金流/净利润 | 1.46× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $546.0M | $1.6B |
8季度趋势，按日历期对齐
经营现金流AOSCP
| Q4 25 | $183.1M | $1.1B | ||
| Q3 25 | $255.4M | $930.0M | ||
| Q2 25 | $139.6M | $989.1M | ||
| Q1 25 | $38.7M | $843.9M | ||
| Q4 24 | $221.9M | $1.2B | ||
| Q3 24 | $195.9M | $928.6M | ||
| Q2 24 | $57.4M | $932.9M | ||
| Q1 24 | $106.6M | $741.0M |
自由现金流AOSCP
| Q4 25 | $165.5M | $537.3M | ||
| Q3 25 | $240.6M | $302.2M | ||
| Q2 25 | $122.5M | $446.8M | ||
| Q1 25 | $17.4M | $324.9M | ||
| Q4 24 | $191.3M | $702.3M | ||
| Q3 24 | $163.4M | $382.5M | ||
| Q2 24 | $34.5M | $343.1M | ||
| Q1 24 | $84.6M | $356.2M |
自由现金流率AOSCP
| Q4 25 | 18.1% | 18.9% | ||
| Q3 25 | 25.5% | 11.4% | ||
| Q2 25 | 12.1% | 16.7% | ||
| Q1 25 | 1.8% | 11.8% | ||
| Q4 24 | 21.0% | 25.0% | ||
| Q3 24 | 18.1% | 15.0% | ||
| Q2 24 | 3.4% | 13.1% | ||
| Q1 24 | 8.6% | 14.0% |
资本支出强度AOSCP
| Q4 25 | 1.9% | 20.2% | ||
| Q3 25 | 1.6% | 23.7% | ||
| Q2 25 | 1.7% | 20.2% | ||
| Q1 25 | 2.2% | 18.9% | ||
| Q4 24 | 3.4% | 19.3% | ||
| Q3 24 | 3.6% | 21.4% | ||
| Q2 24 | 2.2% | 22.6% | ||
| Q1 24 | 2.2% | 15.1% |
现金转化率AOSCP
| Q4 25 | 1.46× | 1.42× | ||
| Q3 25 | 1.93× | 1.38× | ||
| Q2 25 | 0.92× | 1.10× | ||
| Q1 25 | 0.28× | 1.27× | ||
| Q4 24 | 2.02× | 1.42× | ||
| Q3 24 | 1.63× | 1.52× | ||
| Q2 24 | 0.37× | 1.41× | ||
| Q1 24 | 0.72× | 1.31× |
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% |
CP
暂无分部数据
