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A.O.史密斯（AOS）与Willdan Group, Inc.（WLDN）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Willdan Group, Inc.的5.0倍（$912.5M vs $182.0M）。A.O.史密斯净利率更高（13.7% vs 7.5%，领先6.2%）。Willdan Group, Inc.同比增速更快（15.0% vs 0.0%）。A.O.史密斯自由现金流更多（$165.5M vs $9.8M）。过去两年Willdan Group, Inc.的营收复合增速更高（8.1% 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。
Willdan集团是美国上市的专业技术与咨询服务提供商，服务对象覆盖公共及私营公用事业企业、各级政府公共机构，还有工商业领域客户。公司在全美十余个州设有办事处，核心业务布局于加利福尼亚州与纽约州。
AOS vs WLDN — 直观对比
营收规模更大
AOS
是对方的5.0倍
$182.0M
营收增速更快
WLDN
高出15.0%
0.0%
净利率更高
AOS
高出6.2%
7.5%
自由现金流更多
AOS
多$155.7M
$9.8M
两年增速更快
WLDN
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $912.5M | $182.0M |
| 净利润 | $125.4M | $13.7M |
| 毛利率 | 38.4% | 36.9% |
| 营业利润率 | 17.9% | 8.2% |
| 净利率 | 13.7% | 7.5% |
| 营收同比 | 0.0% | 15.0% |
| 净利润同比 | 14.3% | 86.8% |
| 每股收益（稀释后） | $0.89 | $0.90 |
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AOSWLDN
| Q4 25 | $912.5M | $182.0M | ||
| Q3 25 | $942.5M | $173.5M | ||
| Q2 25 | $1.0B | $152.4M | ||
| Q1 25 | $963.9M | — | ||
| Q4 24 | $912.4M | $144.1M | ||
| Q3 24 | $902.6M | $158.3M | ||
| Q2 24 | $1.0B | $141.0M | ||
| Q1 24 | $978.8M | $122.5M |
净利润AOSWLDN
| Q4 25 | $125.4M | $13.7M | ||
| Q3 25 | $132.0M | $15.4M | ||
| Q2 25 | $152.2M | $4.7M | ||
| Q1 25 | $136.6M | — | ||
| Q4 24 | $109.7M | $7.7M | ||
| Q3 24 | $120.1M | $7.3M | ||
| Q2 24 | $156.2M | $4.6M | ||
| Q1 24 | $147.6M | $2.9M |
毛利率AOSWLDN
| Q4 25 | 38.4% | 36.9% | ||
| Q3 25 | 38.7% | 39.4% | ||
| Q2 25 | 39.3% | 37.8% | ||
| Q1 25 | 38.9% | — | ||
| Q4 24 | 37.1% | 38.1% | ||
| Q3 24 | 37.4% | 32.6% | ||
| Q2 24 | 38.7% | 34.6% | ||
| Q1 24 | 39.3% | 38.7% |
营业利润率AOSWLDN
| Q4 25 | 17.9% | 8.2% | ||
| Q3 25 | 18.6% | 6.8% | ||
| Q2 25 | 20.4% | 4.6% | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 10.1% | 7.5% | ||
| Q3 24 | 19.5% | 5.5% | ||
| Q2 24 | 21.9% | 4.6% | ||
| Q1 24 | 22.0% | 4.4% |
净利率AOSWLDN
| Q4 25 | 13.7% | 7.5% | ||
| Q3 25 | 14.0% | 8.9% | ||
| Q2 25 | 15.0% | 3.1% | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 12.0% | 5.3% | ||
| Q3 24 | 13.3% | 4.6% | ||
| Q2 24 | 15.2% | 3.3% | ||
| Q1 24 | 15.1% | 2.4% |
每股收益（稀释后）AOSWLDN
| Q4 25 | $0.89 | $0.90 | ||
| Q3 25 | $0.94 | $1.03 | ||
| Q2 25 | $1.07 | $0.32 | ||
| Q1 25 | $0.95 | — | ||
| Q4 24 | $0.75 | $0.53 | ||
| Q3 24 | $0.82 | $0.51 | ||
| Q2 24 | $1.06 | $0.33 | ||
| Q1 24 | $1.00 | $0.21 |
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 | $33.1M |
| 总债务越低越好 | $155.0M | $49.1M |
| 股东权益账面价值 | $1.9B | $283.1M |
| 总资产 | $3.1B | $507.9M |
| 负债/权益比越低杠杆越低 | 0.08× | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资AOSWLDN
| Q4 25 | $193.2M | $33.1M | ||
| Q3 25 | $172.8M | $32.3M | ||
| Q2 25 | $177.9M | $38.4M | ||
| Q1 25 | $200.2M | — | ||
| Q4 24 | $276.1M | $74.2M | ||
| Q3 24 | $255.6M | $53.1M | ||
| Q2 24 | $233.3M | $44.3M | ||
| Q1 24 | $303.1M | $46.9M |
总债务AOSWLDN
| Q4 25 | $155.0M | $49.1M | ||
| Q3 25 | — | $59.7M | ||
| Q2 25 | — | $86.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | $193.2M | $89.5M | ||
| Q3 24 | — | $91.9M | ||
| Q2 24 | — | $93.7M | ||
| Q1 24 | — | $95.5M |
股东权益AOSWLDN
| Q4 25 | $1.9B | $283.1M | ||
| Q3 25 | $1.8B | $265.9M | ||
| Q2 25 | $1.8B | $245.5M | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | $234.3M | ||
| Q3 24 | $1.9B | $224.0M | ||
| Q2 24 | $1.9B | $213.0M | ||
| Q1 24 | $1.9B | $205.5M |
总资产AOSWLDN
| Q4 25 | $3.1B | $507.9M | ||
| Q3 25 | $3.2B | $484.9M | ||
| Q2 25 | $3.2B | $471.2M | ||
| Q1 25 | $3.3B | — | ||
| Q4 24 | $3.2B | $464.9M | ||
| Q3 24 | $3.2B | $447.3M | ||
| Q2 24 | $3.2B | $421.3M | ||
| Q1 24 | $3.2B | $407.9M |
负债/权益比AOSWLDN
| Q4 25 | 0.08× | 0.17× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | 0.38× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $12.2M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $9.8M |
| 自由现金流率自由现金流/营收 | 18.1% | 5.4% |
| 资本支出强度资本支出/营收 | 1.9% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.46× | 0.89× |
| 过去12个月自由现金流最近4个季度 | $546.0M | $65.1M |
8季度趋势，按日历期对齐
经营现金流AOSWLDN
| Q4 25 | $183.1M | $12.2M | ||
| Q3 25 | $255.4M | $25.4M | ||
| Q2 25 | $139.6M | $3.3M | ||
| Q1 25 | $38.7M | — | ||
| Q4 24 | $221.9M | $33.5M | ||
| Q3 24 | $195.9M | $10.8M | ||
| Q2 24 | $57.4M | $889.0K | ||
| Q1 24 | $106.6M | $26.9M |
自由现金流AOSWLDN
| Q4 25 | $165.5M | $9.8M | ||
| Q3 25 | $240.6M | $23.2M | ||
| Q2 25 | $122.5M | $1.0M | ||
| Q1 25 | $17.4M | — | ||
| Q4 24 | $191.3M | $31.1M | ||
| Q3 24 | $163.4M | $8.8M | ||
| Q2 24 | $34.5M | $-1.3M | ||
| Q1 24 | $84.6M | $25.0M |
自由现金流率AOSWLDN
| Q4 25 | 18.1% | 5.4% | ||
| Q3 25 | 25.5% | 13.4% | ||
| Q2 25 | 12.1% | 0.7% | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 21.0% | 21.6% | ||
| Q3 24 | 18.1% | 5.6% | ||
| Q2 24 | 3.4% | -0.9% | ||
| Q1 24 | 8.6% | 20.4% |
资本支出强度AOSWLDN
| Q4 25 | 1.9% | 1.3% | ||
| Q3 25 | 1.6% | 1.3% | ||
| Q2 25 | 1.7% | 1.5% | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 3.4% | 1.6% | ||
| Q3 24 | 3.6% | 1.2% | ||
| Q2 24 | 2.2% | 1.5% | ||
| Q1 24 | 2.2% | 1.6% |
现金转化率AOSWLDN
| Q4 25 | 1.46× | 0.89× | ||
| Q3 25 | 1.93× | 1.65× | ||
| Q2 25 | 0.92× | 0.71× | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 2.02× | 4.35× | ||
| Q3 24 | 1.63× | 1.47× | ||
| Q2 24 | 0.37× | 0.19× | ||
| Q1 24 | 0.72× | 9.16× |
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% |
WLDN
暂无分部数据
