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A.O.史密斯（AOS）与PERMA FIX ENVIRONMENTAL SERVICES INC（PESI）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PERMA FIX ENVIRONMENTAL SERVICES INC的58.1倍（$912.5M vs $15.7M）。A.O.史密斯净利率更高（13.7% vs -36.0%，领先49.8%）。PERMA FIX ENVIRONMENTAL SERVICES INC同比增速更快（6.9% vs 0.0%）。A.O.史密斯自由现金流更多（$165.5M vs $-4.2M）。过去两年PERMA FIX ENVIRONMENTAL SERVICES INC的营收复合增速更高（7.4% 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。
Perma-Fix环境服务公司是专业环境管理服务商，主打危险废物、放射性废物及混合废弃物的处理、加工与处置服务，客户覆盖美国联邦政府机构、核设施运营商及能源、制造、国防领域的工业客户。
AOS vs PESI — 直观对比
营收规模更大
AOS
是对方的58.1倍
$15.7M
营收增速更快
PESI
高出6.9%
0.0%
净利率更高
AOS
高出49.8%
-36.0%
自由现金流更多
AOS
多$169.7M
$-4.2M
两年增速更快
PESI
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $15.7M |
| 净利润 | $125.4M | $-5.7M |
| 毛利率 | 38.4% | 7.7% |
| 营业利润率 | 17.9% | -20.6% |
| 净利率 | 13.7% | -36.0% |
| 营收同比 | 0.0% | 6.9% |
| 净利润同比 | 14.3% | -62.2% |
| 每股收益（稀释后） | $0.89 | $-0.31 |
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AOSPESI
| Q4 25 | $912.5M | $15.7M | ||
| Q3 25 | $942.5M | $17.5M | ||
| Q2 25 | $1.0B | $14.6M | ||
| Q1 25 | $963.9M | $13.9M | ||
| Q4 24 | $912.4M | $14.7M | ||
| Q3 24 | $902.6M | $16.8M | ||
| Q2 24 | $1.0B | $14.0M | ||
| Q1 24 | $978.8M | $13.6M |
净利润AOSPESI
| Q4 25 | $125.4M | $-5.7M | ||
| Q3 25 | $132.0M | $-1.8M | ||
| Q2 25 | $152.2M | $-2.7M | ||
| Q1 25 | $136.6M | $-3.6M | ||
| Q4 24 | $109.7M | $-3.5M | ||
| Q3 24 | $120.1M | $-9.0M | ||
| Q2 24 | $156.2M | $-4.0M | ||
| Q1 24 | $147.6M | $-3.6M |
毛利率AOSPESI
| Q4 25 | 38.4% | 7.7% | ||
| Q3 25 | 38.7% | 14.6% | ||
| Q2 25 | 39.3% | 10.6% | ||
| Q1 25 | 38.9% | 4.7% | ||
| Q4 24 | 37.1% | 4.0% | ||
| Q3 24 | 37.4% | 7.9% | ||
| Q2 24 | 38.7% | -9.3% | ||
| Q1 24 | 39.3% | -4.6% |
营业利润率AOSPESI
| Q4 25 | 17.9% | -20.6% | ||
| Q3 25 | 18.6% | -10.7% | ||
| Q2 25 | 20.4% | -19.8% | ||
| Q1 25 | 19.1% | -26.8% | ||
| Q4 24 | 10.1% | -24.4% | ||
| Q3 24 | 19.5% | -15.5% | ||
| Q2 24 | 21.9% | -36.0% | ||
| Q1 24 | 22.0% | -32.8% |
净利率AOSPESI
| Q4 25 | 13.7% | -36.0% | ||
| Q3 25 | 14.0% | -10.5% | ||
| Q2 25 | 15.0% | -18.6% | ||
| Q1 25 | 14.2% | -25.7% | ||
| Q4 24 | 12.0% | -23.7% | ||
| Q3 24 | 13.3% | -53.4% | ||
| Q2 24 | 15.2% | -28.2% | ||
| Q1 24 | 15.1% | -26.1% |
每股收益（稀释后）AOSPESI
| Q4 25 | $0.89 | $-0.31 | ||
| Q3 25 | $0.94 | $-0.10 | ||
| Q2 25 | $1.07 | $-0.15 | ||
| Q1 25 | $0.95 | $-0.19 | ||
| Q4 24 | $0.75 | $-0.23 | ||
| Q3 24 | $0.82 | $-0.57 | ||
| Q2 24 | $1.06 | $-0.27 | ||
| Q1 24 | $1.00 | $-0.26 |
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 | — |
| 总债务越低越好 | $155.0M | $1.9M |
| 股东权益账面价值 | $1.9B | $50.1M |
| 总资产 | $3.1B | $88.0M |
| 负债/权益比越低杠杆越低 | 0.08× | 0.04× |
8季度趋势，按日历期对齐
现金及短期投资AOSPESI
| Q4 25 | $193.2M | — | ||
| Q3 25 | $172.8M | — | ||
| Q2 25 | $177.9M | — | ||
| Q1 25 | $200.2M | — | ||
| Q4 24 | $276.1M | — | ||
| Q3 24 | $255.6M | — | ||
| Q2 24 | $233.3M | — | ||
| Q1 24 | $303.1M | — |
总债务AOSPESI
| Q4 25 | $155.0M | $1.9M | ||
| Q3 25 | — | $1.9M | ||
| Q2 25 | — | $2.0M | ||
| Q1 25 | — | $2.2M | ||
| Q4 24 | $193.2M | $2.3M | ||
| Q3 24 | — | $2.5M | ||
| Q2 24 | — | $2.2M | ||
| Q1 24 | — | $2.5M |
股东权益AOSPESI
| Q4 25 | $1.9B | $50.1M | ||
| Q3 25 | $1.8B | $55.4M | ||
| Q2 25 | $1.8B | $56.8M | ||
| Q1 25 | $1.9B | $59.2M | ||
| Q4 24 | $1.9B | $62.4M | ||
| Q3 24 | $1.9B | $42.4M | ||
| Q2 24 | $1.9B | $51.0M | ||
| Q1 24 | $1.9B | $36.2M |
总资产AOSPESI
| Q4 25 | $3.1B | $88.0M | ||
| Q3 25 | $3.2B | $91.2M | ||
| Q2 25 | $3.2B | $90.2M | ||
| Q1 25 | $3.3B | $92.9M | ||
| Q4 24 | $3.2B | $97.2M | ||
| Q3 24 | $3.2B | $78.2M | ||
| Q2 24 | $3.2B | $87.0M | ||
| Q1 24 | $3.2B | $74.0M |
负债/权益比AOSPESI
| Q4 25 | 0.08× | 0.04× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | 0.10× | 0.04× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.04× | ||
| Q1 24 | — | 0.07× |
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 | $-2.1M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $-4.2M |
| 自由现金流率自由现金流/营收 | 18.1% | -26.9% |
| 资本支出强度资本支出/营收 | 1.9% | 13.4% |
| 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 | $-15.5M |
8季度趋势，按日历期对齐
经营现金流AOSPESI
| Q4 25 | $183.1M | $-2.1M | ||
| Q3 25 | $255.4M | $-4.6M | ||
| Q2 25 | $139.6M | $-1.9M | ||
| Q1 25 | $38.7M | $-2.1M | ||
| Q4 24 | $221.9M | $-3.3M | ||
| Q3 24 | $195.9M | $-5.6M | ||
| Q2 24 | $57.4M | $-1.3M | ||
| Q1 24 | $106.6M | $-4.5M |
自由现金流AOSPESI
| Q4 25 | $165.5M | $-4.2M | ||
| Q3 25 | $240.6M | $-5.8M | ||
| Q2 25 | $122.5M | $-2.8M | ||
| Q1 25 | $17.4M | $-2.6M | ||
| Q4 24 | $191.3M | $-4.5M | ||
| Q3 24 | $163.4M | $-7.0M | ||
| Q2 24 | $34.5M | $-1.9M | ||
| Q1 24 | $84.6M | $-4.8M |
自由现金流率AOSPESI
| Q4 25 | 18.1% | -26.9% | ||
| Q3 25 | 25.5% | -33.3% | ||
| Q2 25 | 12.1% | -19.2% | ||
| Q1 25 | 1.8% | -18.9% | ||
| Q4 24 | 21.0% | -30.5% | ||
| Q3 24 | 18.1% | -41.7% | ||
| Q2 24 | 3.4% | -13.5% | ||
| Q1 24 | 8.6% | -35.0% |
资本支出强度AOSPESI
| Q4 25 | 1.9% | 13.4% | ||
| Q3 25 | 1.6% | 6.7% | ||
| Q2 25 | 1.7% | 6.2% | ||
| Q1 25 | 2.2% | 3.8% | ||
| Q4 24 | 3.4% | 8.0% | ||
| Q3 24 | 3.6% | 8.2% | ||
| Q2 24 | 2.2% | 4.3% | ||
| Q1 24 | 2.2% | 1.8% |
现金转化率AOSPESI
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.93× | — | ||
| Q2 25 | 0.92× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 2.02× | — | ||
| 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% |
PESI
| Fixed Price | $11.4M | 73% |
| Services | $4.3M | 27% |
