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A.O.史密斯（AOS）与PROG Holdings, Inc.（PRG）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PROG Holdings, Inc.的1.7倍（$912.5M vs $525.4M）。A.O.史密斯净利率更高（13.7% vs 7.7%，领先6.0%）。A.O.史密斯同比增速更快（0.0% vs -6.0%）。A.O.史密斯自由现金流更多（$165.5M vs $-57.5M）。过去两年A.O.史密斯的营收复合增速更高（-3.4% vs -9.5%）
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。
PROG Holdings是一家总部位于美国的金融科技企业，主要面向美国本土市场提供灵活的租购及销售点融资解决方案，核心业务涵盖零售合作伙伴融资、消费信贷与支付服务，帮助消费者无需满足传统信用要求即可购买电子产品、家居用品等商品。
AOS vs PRG — 直观对比
营收规模更大
AOS
是对方的1.7倍
$525.4M
营收增速更快
AOS
高出6.0%
-6.0%
净利率更高
AOS
高出6.0%
7.7%
自由现金流更多
AOS
多$223.0M
$-57.5M
两年增速更快
AOS
近两年复合增速
-9.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $525.4M |
| 净利润 | $125.4M | $40.5M |
| 毛利率 | 38.4% | — |
| 营业利润率 | 17.9% | 6.9% |
| 净利率 | 13.7% | 7.7% |
| 营收同比 | 0.0% | -6.0% |
| 净利润同比 | 14.3% | -29.7% |
| 每股收益（稀释后） | $0.89 | $0.99 |
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AOSPRG
| Q4 25 | $912.5M | $525.4M | ||
| Q3 25 | $942.5M | $595.1M | ||
| Q2 25 | $1.0B | $604.7M | ||
| Q1 25 | $963.9M | $684.1M | ||
| Q4 24 | $912.4M | $558.9M | ||
| Q3 24 | $902.6M | $606.1M | ||
| Q2 24 | $1.0B | $592.2M | ||
| Q1 24 | $978.8M | $641.9M |
净利润AOSPRG
| Q4 25 | $125.4M | $40.5M | ||
| Q3 25 | $132.0M | $33.1M | ||
| Q2 25 | $152.2M | $38.5M | ||
| Q1 25 | $136.6M | $34.7M | ||
| Q4 24 | $109.7M | $57.5M | ||
| Q3 24 | $120.1M | $84.0M | ||
| Q2 24 | $156.2M | $33.8M | ||
| Q1 24 | $147.6M | $22.0M |
毛利率AOSPRG
| 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AOSPRG
| Q4 25 | 17.9% | 6.9% | ||
| Q3 25 | 18.6% | 9.0% | ||
| Q2 25 | 20.4% | 10.0% | ||
| Q1 25 | 19.1% | 8.2% | ||
| Q4 24 | 10.1% | 8.9% | ||
| Q3 24 | 19.5% | 8.1% | ||
| Q2 24 | 21.9% | 9.4% | ||
| Q1 24 | 22.0% | 6.2% |
净利率AOSPRG
| Q4 25 | 13.7% | 7.7% | ||
| Q3 25 | 14.0% | 5.6% | ||
| Q2 25 | 15.0% | 6.4% | ||
| Q1 25 | 14.2% | 5.1% | ||
| Q4 24 | 12.0% | 10.3% | ||
| Q3 24 | 13.3% | 13.9% | ||
| Q2 24 | 15.2% | 5.7% | ||
| Q1 24 | 15.1% | 3.4% |
每股收益（稀释后）AOSPRG
| Q4 25 | $0.89 | $0.99 | ||
| Q3 25 | $0.94 | $0.82 | ||
| Q2 25 | $1.07 | $0.95 | ||
| Q1 25 | $0.95 | $0.83 | ||
| Q4 24 | $0.75 | $1.33 | ||
| Q3 24 | $0.82 | $1.94 | ||
| Q2 24 | $1.06 | $0.77 | ||
| Q1 24 | $1.00 | $0.49 |
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 | $308.8M |
| 总债务越低越好 | $155.0M | $594.9M |
| 股东权益账面价值 | $1.9B | $746.4M |
| 总资产 | $3.1B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.08× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资AOSPRG
| Q4 25 | $193.2M | $308.8M | ||
| Q3 25 | $172.8M | $292.6M | ||
| Q2 25 | $177.9M | $222.0M | ||
| Q1 25 | $200.2M | $213.3M | ||
| Q4 24 | $276.1M | $90.9M | ||
| Q3 24 | $255.6M | $221.7M | ||
| Q2 24 | $233.3M | $250.1M | ||
| Q1 24 | $303.1M | $252.8M |
总债务AOSPRG
| Q4 25 | $155.0M | $594.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $193.2M | $643.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AOSPRG
| Q4 25 | $1.9B | $746.4M | ||
| Q3 25 | $1.8B | $703.6M | ||
| Q2 25 | $1.8B | $668.7M | ||
| Q1 25 | $1.9B | $654.4M | ||
| Q4 24 | $1.9B | $650.3M | ||
| Q3 24 | $1.9B | $630.8M | ||
| Q2 24 | $1.9B | $581.9M | ||
| Q1 24 | $1.9B | $585.1M |
总资产AOSPRG
| Q4 25 | $3.1B | $1.6B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $3.2B | $1.5B | ||
| Q1 25 | $3.3B | $1.5B | ||
| Q4 24 | $3.2B | $1.5B | ||
| Q3 24 | $3.2B | $1.4B | ||
| Q2 24 | $3.2B | $1.5B | ||
| Q1 24 | $3.2B | $1.5B |
负债/权益比AOSPRG
| Q4 25 | 0.08× | 0.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | 0.99× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-54.9M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $-57.5M |
| 自由现金流率自由现金流/营收 | 18.1% | -10.9% |
| 资本支出强度资本支出/营收 | 1.9% | 0.5% |
| 现金转化率经营现金流/净利润 | 1.46× | -1.36× |
| 过去12个月自由现金流最近4个季度 | $546.0M | $324.9M |
8季度趋势，按日历期对齐
经营现金流AOSPRG
| Q4 25 | $183.1M | $-54.9M | ||
| Q3 25 | $255.4M | $110.0M | ||
| Q2 25 | $139.6M | $69.9M | ||
| Q1 25 | $38.7M | $209.9M | ||
| Q4 24 | $221.9M | $-84.5M | ||
| Q3 24 | $195.9M | $31.9M | ||
| Q2 24 | $57.4M | $55.4M | ||
| Q1 24 | $106.6M | $135.7M |
自由现金流AOSPRG
| Q4 25 | $165.5M | $-57.5M | ||
| Q3 25 | $240.6M | $106.5M | ||
| Q2 25 | $122.5M | $68.0M | ||
| Q1 25 | $17.4M | $208.0M | ||
| Q4 24 | $191.3M | $-86.8M | ||
| Q3 24 | $163.4M | $29.8M | ||
| Q2 24 | $34.5M | $53.5M | ||
| Q1 24 | $84.6M | $133.6M |
自由现金流率AOSPRG
| Q4 25 | 18.1% | -10.9% | ||
| Q3 25 | 25.5% | 17.9% | ||
| Q2 25 | 12.1% | 11.2% | ||
| Q1 25 | 1.8% | 30.4% | ||
| Q4 24 | 21.0% | -15.5% | ||
| Q3 24 | 18.1% | 4.9% | ||
| Q2 24 | 3.4% | 9.0% | ||
| Q1 24 | 8.6% | 20.8% |
资本支出强度AOSPRG
| Q4 25 | 1.9% | 0.5% | ||
| Q3 25 | 1.6% | 0.6% | ||
| Q2 25 | 1.7% | 0.3% | ||
| Q1 25 | 2.2% | 0.3% | ||
| Q4 24 | 3.4% | 0.4% | ||
| Q3 24 | 3.6% | 0.3% | ||
| Q2 24 | 2.2% | 0.3% | ||
| Q1 24 | 2.2% | 0.3% |
现金转化率AOSPRG
| Q4 25 | 1.46× | -1.36× | ||
| Q3 25 | 1.93× | 3.32× | ||
| Q2 25 | 0.92× | 1.82× | ||
| Q1 25 | 0.28× | 6.05× | ||
| Q4 24 | 2.02× | -1.47× | ||
| Q3 24 | 1.63× | 0.38× | ||
| Q2 24 | 0.37× | 1.64× | ||
| Q1 24 | 0.72× | 6.18× |
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% |
PRG
暂无分部数据
