vs
A.O.史密斯（AOS）与ITT INC.（ITT）财务数据对比。点击上方公司名可切换其他公司
ITT INC.的季度营收约是A.O.史密斯的1.2倍（$1.1B vs $912.5M）。A.O.史密斯净利率更高（13.7% vs 12.5%，领先1.2%）。ITT INC.同比增速更快（13.5% vs 0.0%）。ITT INC.自由现金流更多（$187.4M vs $165.5M）。过去两年ITT INC.的营收复合增速更高（7.6% 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。
ITT Inc是一家总部位于美国康涅狄格州斯坦福德的制造企业，前身为ITT集团，主要面向航空航天、交通、能源及工业领域供应特种零部件，旗下设有工业流程、运动技术、连接与控制技术三大业务板块。
AOS vs ITT — 直观对比
营收规模更大
ITT
是对方的1.2倍
$912.5M
营收增速更快
ITT
高出13.4%
0.0%
净利率更高
AOS
高出1.2%
12.5%
自由现金流更多
ITT
多$21.9M
$165.5M
两年增速更快
ITT
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $1.1B |
| 净利润 | $125.4M | $131.7M |
| 毛利率 | 38.4% | 35.5% |
| 营业利润率 | 17.9% | 17.0% |
| 净利率 | 13.7% | 12.5% |
| 营收同比 | 0.0% | 13.5% |
| 净利润同比 | 14.3% | 3.7% |
| 每股收益（稀释后） | $0.89 | $1.64 |
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AOSITT
| Q4 25 | $912.5M | $1.1B | ||
| Q3 25 | $942.5M | $999.1M | ||
| Q2 25 | $1.0B | $972.4M | ||
| Q1 25 | $963.9M | $913.0M | ||
| Q4 24 | $912.4M | $929.0M | ||
| Q3 24 | $902.6M | $885.2M | ||
| Q2 24 | $1.0B | $905.9M | ||
| Q1 24 | $978.8M | $910.6M |
净利润AOSITT
| Q4 25 | $125.4M | $131.7M | ||
| Q3 25 | $132.0M | $126.9M | ||
| Q2 25 | $152.2M | $121.0M | ||
| Q1 25 | $136.6M | $108.4M | ||
| Q4 24 | $109.7M | $127.0M | ||
| Q3 24 | $120.1M | $161.1M | ||
| Q2 24 | $156.2M | $119.2M | ||
| Q1 24 | $147.6M | $111.0M |
毛利率AOSITT
| Q4 25 | 38.4% | 35.5% | ||
| Q3 25 | 38.7% | 35.6% | ||
| Q2 25 | 39.3% | 35.7% | ||
| Q1 25 | 38.9% | 34.6% | ||
| Q4 24 | 37.1% | 34.1% | ||
| Q3 24 | 37.4% | 35.5% | ||
| Q2 24 | 38.7% | 34.9% | ||
| Q1 24 | 39.3% | 33.0% |
营业利润率AOSITT
| Q4 25 | 17.9% | 17.0% | ||
| Q3 25 | 18.6% | 18.0% | ||
| Q2 25 | 20.4% | 18.0% | ||
| Q1 25 | 19.1% | 16.5% | ||
| Q4 24 | 10.1% | 17.2% | ||
| Q3 24 | 19.5% | 23.5% | ||
| Q2 24 | 21.9% | 17.6% | ||
| Q1 24 | 22.0% | 16.4% |
净利率AOSITT
| Q4 25 | 13.7% | 12.5% | ||
| Q3 25 | 14.0% | 12.7% | ||
| Q2 25 | 15.0% | 12.4% | ||
| Q1 25 | 14.2% | 11.9% | ||
| Q4 24 | 12.0% | 13.7% | ||
| Q3 24 | 13.3% | 18.2% | ||
| Q2 24 | 15.2% | 13.2% | ||
| Q1 24 | 15.1% | 12.2% |
每股收益（稀释后）AOSITT
| Q4 25 | $0.89 | $1.64 | ||
| Q3 25 | $0.94 | $1.62 | ||
| Q2 25 | $1.07 | $1.52 | ||
| Q1 25 | $0.95 | $1.33 | ||
| Q4 24 | $0.75 | $1.54 | ||
| Q3 24 | $0.82 | $1.96 | ||
| Q2 24 | $1.06 | $1.45 | ||
| Q1 24 | $1.00 | $1.35 |
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 | $1.7B |
| 总债务越低越好 | $155.0M | $521.5M |
| 股东权益账面价值 | $1.9B | $4.1B |
| 总资产 | $3.1B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.08× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资AOSITT
| Q4 25 | $193.2M | $1.7B | ||
| Q3 25 | $172.8M | $516.4M | ||
| Q2 25 | $177.9M | $467.9M | ||
| Q1 25 | $200.2M | $439.8M | ||
| Q4 24 | $276.1M | $439.3M | ||
| Q3 24 | $255.6M | $460.9M | ||
| Q2 24 | $233.3M | $425.5M | ||
| Q1 24 | $303.1M | $423.0M |
总债务AOSITT
| Q4 25 | $155.0M | $521.5M | ||
| Q3 25 | — | $577.7M | ||
| Q2 25 | — | $622.5M | ||
| Q1 25 | — | $4.5M | ||
| Q4 24 | $193.2M | $232.6M | ||
| Q3 24 | — | $467.8M | ||
| Q2 24 | — | $190.0M | ||
| Q1 24 | — | $230.5M |
股东权益AOSITT
| Q4 25 | $1.9B | $4.1B | ||
| Q3 25 | $1.8B | $2.7B | ||
| Q2 25 | $1.8B | $2.6B | ||
| Q1 25 | $1.9B | $2.8B | ||
| Q4 24 | $1.9B | $2.8B | ||
| Q3 24 | $1.9B | $2.7B | ||
| Q2 24 | $1.9B | $2.6B | ||
| Q1 24 | $1.9B | $2.6B |
总资产AOSITT
| Q4 25 | $3.1B | $6.3B | ||
| Q3 25 | $3.2B | $5.1B | ||
| Q2 25 | $3.2B | $5.0B | ||
| Q1 25 | $3.3B | $4.8B | ||
| Q4 24 | $3.2B | $4.7B | ||
| Q3 24 | $3.2B | $4.9B | ||
| Q2 24 | $3.2B | $4.4B | ||
| Q1 24 | $3.2B | $4.4B |
负债/权益比AOSITT
| Q4 25 | 0.08× | 0.13× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | 0.10× | 0.08× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.09× |
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 | $227.8M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $187.4M |
| 自由现金流率自由现金流/营收 | 18.1% | 17.8% |
| 资本支出强度资本支出/营收 | 1.9% | 3.8% |
| 现金转化率经营现金流/净利润 | 1.46× | 1.73× |
| 过去12个月自由现金流最近4个季度 | $546.0M | $547.5M |
8季度趋势，按日历期对齐
经营现金流AOSITT
| Q4 25 | $183.1M | $227.8M | ||
| Q3 25 | $255.4M | $173.9M | ||
| Q2 25 | $139.6M | $153.7M | ||
| Q1 25 | $38.7M | $113.4M | ||
| Q4 24 | $221.9M | $223.2M | ||
| Q3 24 | $195.9M | $123.9M | ||
| Q2 24 | $57.4M | $157.7M | ||
| Q1 24 | $106.6M | $57.8M |
自由现金流AOSITT
| Q4 25 | $165.5M | $187.4M | ||
| Q3 25 | $240.6M | $146.2M | ||
| Q2 25 | $122.5M | $137.3M | ||
| Q1 25 | $17.4M | $76.6M | ||
| Q4 24 | $191.3M | $186.8M | ||
| Q3 24 | $163.4M | $87.3M | ||
| Q2 24 | $34.5M | $134.5M | ||
| Q1 24 | $84.6M | $30.1M |
自由现金流率AOSITT
| Q4 25 | 18.1% | 17.8% | ||
| Q3 25 | 25.5% | 14.6% | ||
| Q2 25 | 12.1% | 14.1% | ||
| Q1 25 | 1.8% | 8.4% | ||
| Q4 24 | 21.0% | 20.1% | ||
| Q3 24 | 18.1% | 9.9% | ||
| Q2 24 | 3.4% | 14.8% | ||
| Q1 24 | 8.6% | 3.3% |
资本支出强度AOSITT
| Q4 25 | 1.9% | 3.8% | ||
| Q3 25 | 1.6% | 2.8% | ||
| Q2 25 | 1.7% | 1.7% | ||
| Q1 25 | 2.2% | 4.0% | ||
| Q4 24 | 3.4% | 3.9% | ||
| Q3 24 | 3.6% | 4.1% | ||
| Q2 24 | 2.2% | 2.6% | ||
| Q1 24 | 2.2% | 3.0% |
现金转化率AOSITT
| Q4 25 | 1.46× | 1.73× | ||
| Q3 25 | 1.93× | 1.37× | ||
| Q2 25 | 0.92× | 1.27× | ||
| Q1 25 | 0.28× | 1.05× | ||
| Q4 24 | 2.02× | 1.76× | ||
| Q3 24 | 1.63× | 0.77× | ||
| Q2 24 | 0.37× | 1.32× | ||
| Q1 24 | 0.72× | 0.52× |
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% |
ITT
| Industrial Process | $423.1M | 40% |
| Motion Technologies | $360.8M | 34% |
| Connect Control Technologies | $271.2M | 26% |
