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A.O.史密斯（AOS）与STURM RUGER & CO INC（RGR）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STURM RUGER & CO INC的6.0倍（$912.5M vs $151.1M）。STURM RUGER & CO INC同比增速更快（3.6% vs 0.0%）。A.O.史密斯自由现金流更多（$165.5M vs $12.3M）。过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% 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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
AOS vs RGR — 直观对比
营收规模更大
AOS
是对方的6.0倍
$151.1M
营收增速更快
RGR
高出3.6%
0.0%
自由现金流更多
AOS
多$153.2M
$12.3M
两年增速更快
RGR
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $151.1M |
| 净利润 | $125.4M | — |
| 毛利率 | 38.4% | 17.8% |
| 营业利润率 | 17.9% | 2.3% |
| 净利率 | 13.7% | — |
| 营收同比 | 0.0% | 3.6% |
| 净利润同比 | 14.3% | — |
| 每股收益（稀释后） | $0.89 | $0.22 |
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AOSRGR
| Q4 25 | $912.5M | $151.1M | ||
| Q3 25 | $942.5M | $126.8M | ||
| Q2 25 | $1.0B | $132.5M | ||
| Q1 25 | $963.9M | $135.7M | ||
| Q4 24 | $912.4M | $145.8M | ||
| Q3 24 | $902.6M | $122.3M | ||
| Q2 24 | $1.0B | $130.8M | ||
| Q1 24 | $978.8M | $136.8M |
净利润AOSRGR
| Q4 25 | $125.4M | — | ||
| Q3 25 | $132.0M | $1.6M | ||
| Q2 25 | $152.2M | $-17.2M | ||
| Q1 25 | $136.6M | $7.8M | ||
| Q4 24 | $109.7M | — | ||
| Q3 24 | $120.1M | $4.7M | ||
| Q2 24 | $156.2M | $8.3M | ||
| Q1 24 | $147.6M | $7.1M |
毛利率AOSRGR
| Q4 25 | 38.4% | 17.8% | ||
| Q3 25 | 38.7% | 15.1% | ||
| Q2 25 | 39.3% | 3.9% | ||
| Q1 25 | 38.9% | 22.0% | ||
| Q4 24 | 37.1% | 22.8% | ||
| Q3 24 | 37.4% | 18.5% | ||
| Q2 24 | 38.7% | 22.3% | ||
| Q1 24 | 39.3% | 21.5% |
营业利润率AOSRGR
| Q4 25 | 17.9% | 2.3% | ||
| Q3 25 | 18.6% | -2.7% | ||
| Q2 25 | 20.4% | -15.6% | ||
| Q1 25 | 19.1% | 6.2% | ||
| Q4 24 | 10.1% | 7.8% | ||
| Q3 24 | 19.5% | 3.1% | ||
| Q2 24 | 21.9% | 6.9% | ||
| Q1 24 | 22.0% | 5.5% |
净利率AOSRGR
| Q4 25 | 13.7% | — | ||
| Q3 25 | 14.0% | 1.2% | ||
| Q2 25 | 15.0% | -13.0% | ||
| Q1 25 | 14.2% | 5.7% | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 13.3% | 3.9% | ||
| Q2 24 | 15.2% | 6.3% | ||
| Q1 24 | 15.1% | 5.2% |
每股收益（稀释后）AOSRGR
| Q4 25 | $0.89 | $0.22 | ||
| Q3 25 | $0.94 | $0.10 | ||
| Q2 25 | $1.07 | $-1.05 | ||
| Q1 25 | $0.95 | $0.46 | ||
| Q4 24 | $0.75 | $0.62 | ||
| Q3 24 | $0.82 | $0.28 | ||
| Q2 24 | $1.06 | $0.47 | ||
| Q1 24 | $1.00 | $0.40 |
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 | $92.5M |
| 总债务越低越好 | $155.0M | — |
| 股东权益账面价值 | $1.9B | $283.8M |
| 总资产 | $3.1B | $342.0M |
| 负债/权益比越低杠杆越低 | 0.08× | — |
8季度趋势，按日历期对齐
现金及短期投资AOSRGR
| Q4 25 | $193.2M | $92.5M | ||
| Q3 25 | $172.8M | $80.8M | ||
| Q2 25 | $177.9M | $101.4M | ||
| Q1 25 | $200.2M | $108.3M | ||
| Q4 24 | $276.1M | $105.5M | ||
| Q3 24 | $255.6M | $96.0M | ||
| Q2 24 | $233.3M | $105.6M | ||
| Q1 24 | $303.1M | $115.3M |
总债务AOSRGR
| Q4 25 | $155.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $193.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AOSRGR
| Q4 25 | $1.9B | $283.8M | ||
| Q3 25 | $1.8B | $279.6M | ||
| Q2 25 | $1.8B | $289.3M | ||
| Q1 25 | $1.9B | $321.5M | ||
| Q4 24 | $1.9B | $319.6M | ||
| Q3 24 | $1.9B | $314.9M | ||
| Q2 24 | $1.9B | $321.5M | ||
| Q1 24 | $1.9B | $332.0M |
总资产AOSRGR
| Q4 25 | $3.1B | $342.0M | ||
| Q3 25 | $3.2B | $342.3M | ||
| Q2 25 | $3.2B | $349.5M | ||
| Q1 25 | $3.3B | $379.0M | ||
| Q4 24 | $3.2B | $384.0M | ||
| Q3 24 | $3.2B | $373.5M | ||
| Q2 24 | $3.2B | $376.7M | ||
| Q1 24 | $3.2B | $385.0M |
负债/权益比AOSRGR
| Q4 25 | 0.08× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | — | ||
| 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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $12.3M |
| 自由现金流率自由现金流/营收 | 18.1% | 8.2% |
| 资本支出强度资本支出/营收 | 1.9% | 2.1% |
| 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 | $38.5M |
8季度趋势，按日历期对齐
经营现金流AOSRGR
| Q4 25 | $183.1M | $15.5M | ||
| Q3 25 | $255.4M | $12.9M | ||
| Q2 25 | $139.6M | $14.7M | ||
| Q1 25 | $38.7M | $11.1M | ||
| Q4 24 | $221.9M | $20.0M | ||
| Q3 24 | $195.9M | $9.4M | ||
| Q2 24 | $57.4M | $18.7M | ||
| Q1 24 | $106.6M | $7.3M |
自由现金流AOSRGR
| Q4 25 | $165.5M | $12.3M | ||
| Q3 25 | $240.6M | $7.0M | ||
| Q2 25 | $122.5M | $9.1M | ||
| Q1 25 | $17.4M | $10.0M | ||
| Q4 24 | $191.3M | $16.4M | ||
| Q3 24 | $163.4M | $2.6M | ||
| Q2 24 | $34.5M | $10.1M | ||
| Q1 24 | $84.6M | $5.6M |
自由现金流率AOSRGR
| Q4 25 | 18.1% | 8.2% | ||
| Q3 25 | 25.5% | 5.5% | ||
| Q2 25 | 12.1% | 6.9% | ||
| Q1 25 | 1.8% | 7.4% | ||
| Q4 24 | 21.0% | 11.2% | ||
| Q3 24 | 18.1% | 2.1% | ||
| Q2 24 | 3.4% | 7.7% | ||
| Q1 24 | 8.6% | 4.1% |
资本支出强度AOSRGR
| Q4 25 | 1.9% | 2.1% | ||
| Q3 25 | 1.6% | 4.6% | ||
| Q2 25 | 1.7% | 4.2% | ||
| Q1 25 | 2.2% | 0.8% | ||
| Q4 24 | 3.4% | 2.5% | ||
| Q3 24 | 3.6% | 5.5% | ||
| Q2 24 | 2.2% | 6.6% | ||
| Q1 24 | 2.2% | 1.3% |
现金转化率AOSRGR
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.93× | 8.15× | ||
| Q2 25 | 0.92× | — | ||
| Q1 25 | 0.28× | 1.43× | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 1.63× | 1.98× | ||
| Q2 24 | 0.37× | 2.27× | ||
| Q1 24 | 0.72× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
