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A.O.史密斯（AOS）与Mistras Group, Inc.（MG）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Mistras Group, Inc.的5.0倍（$912.5M vs $181.5M）。A.O.史密斯净利率更高（13.7% vs 2.1%，领先11.7%）。Mistras Group, Inc.同比增速更快（5.1% vs 0.0%）。A.O.史密斯自由现金流更多（$165.5M vs $26.0M）。过去两年Mistras Group, Inc.的营收复合增速更高（-0.8% 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。
Mistras集团是全球资产完整性与保护解决方案供应商，主营无损检测、工业实时监测、工程咨询等服务，核心客户覆盖油气、航空航天、发电、制造等领域，业务遍及北美、欧洲及亚太地区，可帮助客户提升运营安全性、延长资产寿命、降低非计划停机风险。
AOS vs MG — 直观对比
营收规模更大
AOS
是对方的5.0倍
$181.5M
营收增速更快
MG
高出5.0%
0.0%
净利率更高
AOS
高出11.7%
2.1%
自由现金流更多
AOS
多$139.5M
$26.0M
两年增速更快
MG
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $181.5M |
| 净利润 | $125.4M | $3.8M |
| 毛利率 | 38.4% | 28.4% |
| 营业利润率 | 17.9% | 7.0% |
| 净利率 | 13.7% | 2.1% |
| 营收同比 | 0.0% | 5.1% |
| 净利润同比 | 14.3% | -27.4% |
| 每股收益（稀释后） | $0.89 | $0.12 |
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AOSMG
| Q4 25 | $912.5M | $181.5M | ||
| Q3 25 | $942.5M | $195.5M | ||
| Q2 25 | $1.0B | $185.4M | ||
| Q1 25 | $963.9M | $161.6M | ||
| Q4 24 | $912.4M | $172.7M | ||
| Q3 24 | $902.6M | $182.7M | ||
| Q2 24 | $1.0B | $189.8M | ||
| Q1 24 | $978.8M | $184.4M |
净利润AOSMG
| Q4 25 | $125.4M | $3.8M | ||
| Q3 25 | $132.0M | $13.1M | ||
| Q2 25 | $152.2M | $3.0M | ||
| Q1 25 | $136.6M | $-3.2M | ||
| Q4 24 | $109.7M | $5.2M | ||
| Q3 24 | $120.1M | $6.4M | ||
| Q2 24 | $156.2M | $6.4M | ||
| Q1 24 | $147.6M | $995.0K |
毛利率AOSMG
| Q4 25 | 38.4% | 28.4% | ||
| Q3 25 | 38.7% | 29.8% | ||
| Q2 25 | 39.3% | 29.1% | ||
| Q1 25 | 38.9% | 25.3% | ||
| Q4 24 | 37.1% | 26.5% | ||
| Q3 24 | 37.4% | 26.8% | ||
| Q2 24 | 38.7% | 27.1% | ||
| Q1 24 | 39.3% | 25.0% |
营业利润率AOSMG
| Q4 25 | 17.9% | 7.0% | ||
| Q3 25 | 18.6% | 10.4% | ||
| Q2 25 | 20.4% | 4.5% | ||
| Q1 25 | 19.1% | -0.6% | ||
| Q4 24 | 10.1% | 6.1% | ||
| Q3 24 | 19.5% | 6.5% | ||
| Q2 24 | 21.9% | 6.3% | ||
| Q1 24 | 22.0% | 3.0% |
净利率AOSMG
| Q4 25 | 13.7% | 2.1% | ||
| Q3 25 | 14.0% | 6.7% | ||
| Q2 25 | 15.0% | 1.6% | ||
| Q1 25 | 14.2% | -2.0% | ||
| Q4 24 | 12.0% | 3.0% | ||
| Q3 24 | 13.3% | 3.5% | ||
| Q2 24 | 15.2% | 3.4% | ||
| Q1 24 | 15.1% | 0.5% |
每股收益（稀释后）AOSMG
| Q4 25 | $0.89 | $0.12 | ||
| Q3 25 | $0.94 | $0.41 | ||
| Q2 25 | $1.07 | $0.10 | ||
| Q1 25 | $0.95 | $-0.10 | ||
| Q4 24 | $0.75 | $0.17 | ||
| Q3 24 | $0.82 | $0.20 | ||
| Q2 24 | $1.06 | $0.20 | ||
| Q1 24 | $1.00 | $0.03 |
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 | $28.0M |
| 总债务越低越好 | $155.0M | $178.0M |
| 股东权益账面价值 | $1.9B | $235.1M |
| 总资产 | $3.1B | $578.8M |
| 负债/权益比越低杠杆越低 | 0.08× | 0.76× |
8季度趋势，按日历期对齐
现金及短期投资AOSMG
| Q4 25 | $193.2M | $28.0M | ||
| Q3 25 | $172.8M | $27.8M | ||
| Q2 25 | $177.9M | $20.0M | ||
| Q1 25 | $200.2M | $18.5M | ||
| Q4 24 | $276.1M | $18.3M | ||
| Q3 24 | $255.6M | $20.4M | ||
| Q2 24 | $233.3M | $17.2M | ||
| Q1 24 | $303.1M | $16.9M |
总债务AOSMG
| Q4 25 | $155.0M | $178.0M | ||
| Q3 25 | — | $202.3M | ||
| Q2 25 | — | $189.4M | ||
| Q1 25 | — | $171.9M | ||
| Q4 24 | $193.2M | $169.6M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $199.7M | ||
| Q1 24 | — | $198.4M |
股东权益AOSMG
| Q4 25 | $1.9B | $235.1M | ||
| Q3 25 | $1.8B | $227.4M | ||
| Q2 25 | $1.8B | $215.8M | ||
| Q1 25 | $1.9B | $198.7M | ||
| Q4 24 | $1.9B | $198.6M | ||
| Q3 24 | $1.9B | $205.2M | ||
| Q2 24 | $1.9B | $193.2M | ||
| Q1 24 | $1.9B | $187.1M |
总资产AOSMG
| Q4 25 | $3.1B | $578.8M | ||
| Q3 25 | $3.2B | $596.3M | ||
| Q2 25 | $3.2B | $571.0M | ||
| Q1 25 | $3.3B | $526.8M | ||
| Q4 24 | $3.2B | $523.0M | ||
| Q3 24 | $3.2B | $551.7M | ||
| Q2 24 | $3.2B | $548.1M | ||
| Q1 24 | $3.2B | $542.1M |
负债/权益比AOSMG
| Q4 25 | 0.08× | 0.76× | ||
| Q3 25 | — | 0.89× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | 0.10× | 0.85× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 1.06× |
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 | $32.1M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $26.0M |
| 自由现金流率自由现金流/营收 | 18.1% | 14.3% |
| 资本支出强度资本支出/营收 | 1.9% | 3.4% |
| 现金转化率经营现金流/净利润 | 1.46× | 8.55× |
| 过去12个月自由现金流最近4个季度 | $546.0M | $8.3M |
8季度趋势，按日历期对齐
经营现金流AOSMG
| Q4 25 | $183.1M | $32.1M | ||
| Q3 25 | $255.4M | $4.5M | ||
| Q2 25 | $139.6M | $-9.3M | ||
| Q1 25 | $38.7M | $5.6M | ||
| Q4 24 | $221.9M | $25.7M | ||
| Q3 24 | $195.9M | $19.4M | ||
| Q2 24 | $57.4M | $4.5M | ||
| Q1 24 | $106.6M | $604.0K |
自由现金流AOSMG
| Q4 25 | $165.5M | $26.0M | ||
| Q3 25 | $240.6M | $-4.1M | ||
| Q2 25 | $122.5M | $-14.7M | ||
| Q1 25 | $17.4M | $1.1M | ||
| Q4 24 | $191.3M | $22.1M | ||
| Q3 24 | $163.4M | $14.6M | ||
| Q2 24 | $34.5M | $-284.0K | ||
| Q1 24 | $84.6M | $-4.2M |
自由现金流率AOSMG
| Q4 25 | 18.1% | 14.3% | ||
| Q3 25 | 25.5% | -2.1% | ||
| Q2 25 | 12.1% | -7.9% | ||
| Q1 25 | 1.8% | 0.7% | ||
| Q4 24 | 21.0% | 12.8% | ||
| Q3 24 | 18.1% | 8.0% | ||
| Q2 24 | 3.4% | -0.1% | ||
| Q1 24 | 8.6% | -2.3% |
资本支出强度AOSMG
| Q4 25 | 1.9% | 3.4% | ||
| Q3 25 | 1.6% | 4.4% | ||
| Q2 25 | 1.7% | 2.9% | ||
| Q1 25 | 2.2% | 2.8% | ||
| Q4 24 | 3.4% | 2.1% | ||
| Q3 24 | 3.6% | 2.6% | ||
| Q2 24 | 2.2% | 2.5% | ||
| Q1 24 | 2.2% | 2.6% |
现金转化率AOSMG
| Q4 25 | 1.46× | 8.55× | ||
| Q3 25 | 1.93× | 0.34× | ||
| Q2 25 | 0.92× | -3.07× | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 2.02× | 4.96× | ||
| Q3 24 | 1.63× | 3.02× | ||
| Q2 24 | 0.37× | 0.71× | ||
| Q1 24 | 0.72× | 0.61× |
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% |
MG
暂无分部数据
