vs
A.O.史密斯（AOS）与TWIN DISC INC（TWIN）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TWIN DISC INC的10.1倍（$912.5M vs $90.2M）。TWIN DISC INC净利率更高（24.8% vs 13.7%，领先11.1%）。TWIN DISC INC同比增速更快（0.3% vs 0.0%）。A.O.史密斯自由现金流更多（$165.5M vs $1.2M）。过去两年TWIN DISC INC的营收复合增速更高（10.3% 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。
双盘公司设计、生产并分销适用于多种场景的传动设备，产品覆盖船舶、非道路车辆及工业领域。公司成立于1918年，最初为农用拖拉机生产离合器，如今已发展为跨国企业，在亚洲、欧洲、北美洲、大洋洲、南美洲均设有子公司或销售办事处。
AOS vs TWIN — 直观对比
营收规模更大
AOS
是对方的10.1倍
$90.2M
营收增速更快
TWIN
高出0.3%
0.0%
净利率更高
TWIN
高出11.1%
13.7%
自由现金流更多
AOS
多$164.3M
$1.2M
两年增速更快
TWIN
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $90.2M |
| 净利润 | $125.4M | $22.4M |
| 毛利率 | 38.4% | 24.8% |
| 营业利润率 | 17.9% | 2.3% |
| 净利率 | 13.7% | 24.8% |
| 营收同比 | 0.0% | 0.3% |
| 净利润同比 | 14.3% | 2334.3% |
| 每股收益（稀释后） | $0.89 | $1.55 |
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AOSTWIN
| Q4 25 | $912.5M | $90.2M | ||
| Q3 25 | $942.5M | $80.0M | ||
| Q2 25 | $1.0B | $96.7M | ||
| Q1 25 | $963.9M | $81.2M | ||
| Q4 24 | $912.4M | $89.9M | ||
| Q3 24 | $902.6M | $72.9M | ||
| Q2 24 | $1.0B | $84.4M | ||
| Q1 24 | $978.8M | $74.2M |
净利润AOSTWIN
| Q4 25 | $125.4M | $22.4M | ||
| Q3 25 | $132.0M | $-518.0K | ||
| Q2 25 | $152.2M | $1.4M | ||
| Q1 25 | $136.6M | $-1.5M | ||
| Q4 24 | $109.7M | $919.0K | ||
| Q3 24 | $120.1M | $-2.8M | ||
| Q2 24 | $156.2M | $7.4M | ||
| Q1 24 | $147.6M | $3.8M |
毛利率AOSTWIN
| Q4 25 | 38.4% | 24.8% | ||
| Q3 25 | 38.7% | 28.7% | ||
| Q2 25 | 39.3% | 31.0% | ||
| Q1 25 | 38.9% | 26.7% | ||
| Q4 24 | 37.1% | 24.1% | ||
| Q3 24 | 37.4% | 26.5% | ||
| Q2 24 | 38.7% | 29.7% | ||
| Q1 24 | 39.3% | 28.2% |
营业利润率AOSTWIN
| Q4 25 | 17.9% | 2.3% | ||
| Q3 25 | 18.6% | 2.8% | ||
| Q2 25 | 20.4% | 5.5% | ||
| Q1 25 | 19.1% | 2.4% | ||
| Q4 24 | 10.1% | 3.1% | ||
| Q3 24 | 19.5% | -0.2% | ||
| Q2 24 | 21.9% | 5.6% | ||
| Q1 24 | 22.0% | 4.9% |
净利率AOSTWIN
| Q4 25 | 13.7% | 24.8% | ||
| Q3 25 | 14.0% | -0.6% | ||
| Q2 25 | 15.0% | 1.5% | ||
| Q1 25 | 14.2% | -1.8% | ||
| Q4 24 | 12.0% | 1.0% | ||
| Q3 24 | 13.3% | -3.8% | ||
| Q2 24 | 15.2% | 8.8% | ||
| Q1 24 | 15.1% | 5.2% |
每股收益（稀释后）AOSTWIN
| Q4 25 | $0.89 | $1.55 | ||
| Q3 25 | $0.94 | $-0.04 | ||
| Q2 25 | $1.07 | $0.10 | ||
| Q1 25 | $0.95 | $-0.11 | ||
| Q4 24 | $0.75 | $0.07 | ||
| Q3 24 | $0.82 | $-0.20 | ||
| Q2 24 | $1.06 | $0.54 | ||
| Q1 24 | $1.00 | $0.27 |
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 | $44.5M |
| 股东权益账面价值 | $1.9B | $184.5M |
| 总资产 | $3.1B | $384.0M |
| 负债/权益比越低杠杆越低 | 0.08× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资AOSTWIN
| 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AOSTWIN
| Q4 25 | $155.0M | $44.5M | ||
| Q3 25 | — | $43.7M | ||
| Q2 25 | — | $31.4M | ||
| Q1 25 | — | $40.8M | ||
| Q4 24 | $193.2M | $24.9M | ||
| Q3 24 | — | $29.8M | ||
| Q2 24 | — | $25.8M | ||
| Q1 24 | — | $17.0M |
股东权益AOSTWIN
| Q4 25 | $1.9B | $184.5M | ||
| Q3 25 | $1.8B | $160.3M | ||
| Q2 25 | $1.8B | $164.0M | ||
| Q1 25 | $1.9B | $149.5M | ||
| Q4 24 | $1.9B | $147.0M | ||
| Q3 24 | $1.9B | $157.5M | ||
| Q2 24 | $1.9B | $154.7M | ||
| Q1 24 | $1.9B | $146.3M |
总资产AOSTWIN
| Q4 25 | $3.1B | $384.0M | ||
| Q3 25 | $3.2B | $363.5M | ||
| Q2 25 | $3.2B | $355.6M | ||
| Q1 25 | $3.3B | $332.9M | ||
| Q4 24 | $3.2B | $307.4M | ||
| Q3 24 | $3.2B | $323.5M | ||
| Q2 24 | $3.2B | $312.1M | ||
| Q1 24 | $3.2B | $288.8M |
负债/权益比AOSTWIN
| Q4 25 | 0.08× | 0.24× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 0.10× | 0.17× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.17× | ||
| Q1 24 | — | 0.12× |
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 | $4.6M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $1.2M |
| 自由现金流率自由现金流/营收 | 18.1% | 1.4% |
| 资本支出强度资本支出/营收 | 1.9% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.46× | 0.20× |
| 过去12个月自由现金流最近4个季度 | $546.0M | $-70.0K |
8季度趋势，按日历期对齐
经营现金流AOSTWIN
| Q4 25 | $183.1M | $4.6M | ||
| Q3 25 | $255.4M | $-7.5M | ||
| Q2 25 | $139.6M | $16.4M | ||
| Q1 25 | $38.7M | $3.2M | ||
| Q4 24 | $221.9M | $8.7M | ||
| Q3 24 | $195.9M | $-4.3M | ||
| Q2 24 | $57.4M | $11.4M | ||
| Q1 24 | $106.6M | $6.2M |
自由现金流AOSTWIN
| Q4 25 | $165.5M | $1.2M | ||
| Q3 25 | $240.6M | $-11.0M | ||
| Q2 25 | $122.5M | $8.7M | ||
| Q1 25 | $17.4M | $906.0K | ||
| Q4 24 | $191.3M | $5.9M | ||
| Q3 24 | $163.4M | $-6.7M | ||
| Q2 24 | $34.5M | $10.3M | ||
| Q1 24 | $84.6M | $4.0M |
自由现金流率AOSTWIN
| Q4 25 | 18.1% | 1.4% | ||
| Q3 25 | 25.5% | -13.7% | ||
| Q2 25 | 12.1% | 9.0% | ||
| Q1 25 | 1.8% | 1.1% | ||
| Q4 24 | 21.0% | 6.5% | ||
| Q3 24 | 18.1% | -9.2% | ||
| Q2 24 | 3.4% | 12.2% | ||
| Q1 24 | 8.6% | 5.5% |
资本支出强度AOSTWIN
| Q4 25 | 1.9% | 3.7% | ||
| Q3 25 | 1.6% | 4.3% | ||
| Q2 25 | 1.7% | 8.0% | ||
| Q1 25 | 2.2% | 2.8% | ||
| Q4 24 | 3.4% | 3.1% | ||
| Q3 24 | 3.6% | 3.2% | ||
| Q2 24 | 2.2% | 1.3% | ||
| Q1 24 | 2.2% | 2.9% |
现金转化率AOSTWIN
| Q4 25 | 1.46× | 0.20× | ||
| Q3 25 | 1.93× | — | ||
| Q2 25 | 0.92× | 11.55× | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 2.02× | 9.42× | ||
| Q3 24 | 1.63× | — | ||
| Q2 24 | 0.37× | 1.54× | ||
| Q1 24 | 0.72× | 1.63× |
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% |
TWIN
暂无分部数据
