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AMPCO PITTSBURGH CORP（AP）与Target Hospitality Corp.（TH）财务数据对比。点击上方公司名可切换其他公司
AMPCO PITTSBURGH CORP的季度营收约是Target Hospitality Corp.的1.4倍（$104.4M vs $73.5M），Target Hospitality Corp.净利率更高（-20.3% vs -55.2%，领先34.9%），Target Hospitality Corp.同比增速更快（22.0% vs 11.5%），过去两年Target Hospitality Corp.的营收复合增速更高（0.7% vs -2.6%）
安普科匹兹堡公司是一家特种钢材制造商，总部位于宾夕法尼亚州匹兹堡市中心，1929年由多家此前已成立的小型钢铁企业合并组建而成。需要注意区分它和其他同样带有Ampco名称的企业，比如位于密尔沃基的铜基合金生产商、迈阿密的橱柜企业等。
Target Hospitality是一家专业住宿服务提供商，主营石油、天然气及矿业项目用工住宿，也提供大型活动、灾后救援所需的临时模块化住宿，总部位于得克萨斯州伍德兰兹，同时在北达科他州威利斯顿、科罗拉多州丹佛以及阿尔伯塔省卡尔加里设有办事处。
AP vs TH — 直观对比
营收规模更大
AP
是对方的1.4倍
$73.5M
营收增速更快
TH
高出10.5%
11.5%
净利率更高
TH
高出34.9%
-55.2%
两年增速更快
TH
近两年复合增速
-2.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $104.4M | $73.5M |
| 净利润 | $-57.7M | $-14.9M |
| 毛利率 | — | 9.6% |
| 营业利润率 | -54.0% | -22.9% |
| 净利率 | -55.2% | -20.3% |
| 营收同比 | 11.5% | 22.0% |
| 净利润同比 | -1958.9% | -219.1% |
| 每股收益（稀释后） | $-2.87 | $-0.14 |
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APTH
| Q4 25 | $104.4M | $73.5M | ||
| Q3 25 | $103.7M | $91.6M | ||
| Q2 25 | $108.9M | $54.9M | ||
| Q1 25 | $99.2M | $54.9M | ||
| Q4 24 | $93.6M | $60.2M | ||
| Q3 24 | $92.1M | $65.8M | ||
| Q2 24 | $107.1M | $67.5M | ||
| Q1 24 | $110.0M | $72.4M |
净利润APTH
| Q4 25 | $-57.7M | $-14.9M | ||
| Q3 25 | $-2.2M | $-795.0K | ||
| Q2 25 | $-7.3M | $-14.9M | ||
| Q1 25 | $1.1M | $-6.5M | ||
| Q4 24 | $3.1M | $12.5M | ||
| Q3 24 | $-2.0M | $20.0M | ||
| Q2 24 | $2.0M | $18.4M | ||
| Q1 24 | $-2.7M | $20.4M |
毛利率APTH
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 61.5% | ||
| Q3 24 | — | 68.7% | ||
| Q2 24 | — | 69.4% | ||
| Q1 24 | — | 67.8% |
营业利润率APTH
| Q4 25 | -54.0% | -22.9% | ||
| Q3 25 | 1.1% | 0.1% | ||
| Q2 25 | -2.8% | -30.8% | ||
| Q1 25 | 3.9% | -2.0% | ||
| Q4 24 | 5.5% | 34.5% | ||
| Q3 24 | 2.0% | 42.5% | ||
| Q2 24 | 4.7% | 43.8% | ||
| Q1 24 | 0.1% | 42.0% |
净利率APTH
| Q4 25 | -55.2% | -20.3% | ||
| Q3 25 | -2.1% | -0.9% | ||
| Q2 25 | -6.7% | -27.2% | ||
| Q1 25 | 1.2% | -11.8% | ||
| Q4 24 | 3.3% | 20.8% | ||
| Q3 24 | -2.1% | 30.4% | ||
| Q2 24 | 1.9% | 27.2% | ||
| Q1 24 | -2.5% | 28.2% |
每股收益（稀释后）APTH
| Q4 25 | $-2.87 | $-0.14 | ||
| Q3 25 | $-0.11 | $-0.01 | ||
| Q2 25 | $-0.36 | $-0.15 | ||
| Q1 25 | $0.06 | $-0.07 | ||
| Q4 24 | $0.16 | $0.12 | ||
| Q3 24 | $-0.10 | $0.20 | ||
| Q2 24 | $0.10 | $0.18 | ||
| Q1 24 | $-0.14 | $0.20 |
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 | $10.7M | $8.3M |
| 总债务越低越好 | $117.9M | $1.7M |
| 股东权益账面价值 | $32.6M | $389.3M |
| 总资产 | $495.4M | $530.2M |
| 负债/权益比越低杠杆越低 | 3.61× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资APTH
| Q4 25 | $10.7M | $8.3M | ||
| Q3 25 | $15.0M | $30.4M | ||
| Q2 25 | $9.9M | $19.2M | ||
| Q1 25 | $7.1M | $34.5M | ||
| Q4 24 | $15.4M | $190.7M | ||
| Q3 24 | $11.8M | $177.7M | ||
| Q2 24 | $7.9M | $154.3M | ||
| Q1 24 | $10.8M | $124.3M |
总债务APTH
| Q4 25 | $117.9M | $1.7M | ||
| Q3 25 | $119.0M | $2.0M | ||
| Q2 25 | $115.9M | $26.3M | ||
| Q1 25 | $115.0M | $42.9M | ||
| Q4 24 | $116.4M | $1.5M | ||
| Q3 24 | $116.0M | $994.0K | ||
| Q2 24 | $119.4M | $1.1M | ||
| Q1 24 | $116.2M | $179.9M |
股东权益APTH
| Q4 25 | $32.6M | $389.3M | ||
| Q3 25 | $60.1M | $402.4M | ||
| Q2 25 | $62.7M | $401.3M | ||
| Q1 25 | $64.6M | $415.3M | ||
| Q4 24 | $58.9M | $421.1M | ||
| Q3 24 | $61.3M | $417.6M | ||
| Q2 24 | $58.0M | $397.2M | ||
| Q1 24 | $56.3M | $375.5M |
总资产APTH
| Q4 25 | $495.4M | $530.2M | ||
| Q3 25 | $524.4M | $541.2M | ||
| Q2 25 | $537.2M | $533.7M | ||
| Q1 25 | $536.2M | $562.5M | ||
| Q4 24 | $530.9M | $725.8M | ||
| Q3 24 | $547.4M | $709.8M | ||
| Q2 24 | $560.8M | $697.0M | ||
| Q1 24 | $565.8M | $687.2M |
负债/权益比APTH
| Q4 25 | 3.61× | 0.00× | ||
| Q3 25 | 1.98× | 0.01× | ||
| Q2 25 | 1.85× | 0.07× | ||
| Q1 25 | 1.78× | 0.10× | ||
| Q4 24 | 1.98× | 0.00× | ||
| Q3 24 | 1.89× | 0.00× | ||
| Q2 24 | 2.06× | 0.00× | ||
| Q1 24 | 2.06× | 0.48× |
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 | $2.7M | $5.7M |
| 自由现金流经营现金流 - 资本支出 | $-64.0K | — |
| 自由现金流率自由现金流/营收 | -0.1% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-8.1M | — |
8季度趋势，按日历期对齐
经营现金流APTH
| Q4 25 | $2.7M | $5.7M | ||
| Q3 25 | $6.3M | $53.4M | ||
| Q2 25 | $-2.3M | $11.1M | ||
| Q1 25 | $-5.3M | $3.9M | ||
| Q4 24 | $7.5M | $30.6M | ||
| Q3 24 | $11.4M | $31.4M | ||
| Q2 24 | $-5.3M | $39.1M | ||
| Q1 24 | $4.5M | $50.6M |
自由现金流APTH
| Q4 25 | $-64.0K | — | ||
| Q3 25 | $3.3M | — | ||
| Q2 25 | $-3.8M | — | ||
| Q1 25 | $-7.5M | $-11.6M | ||
| Q4 24 | $3.7M | — | ||
| Q3 24 | $8.4M | — | ||
| Q2 24 | $-8.0M | — | ||
| Q1 24 | $1.7M | — |
自由现金流率APTH
| Q4 25 | -0.1% | — | ||
| Q3 25 | 3.2% | — | ||
| Q2 25 | -3.5% | — | ||
| Q1 25 | -7.5% | -21.1% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | -7.5% | — | ||
| Q1 24 | 1.5% | — |
资本支出强度APTH
| Q4 25 | 2.7% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 2.2% | 28.2% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.6% | — |
现金转化率APTH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.62× | — | ||
| Q4 24 | 2.40× | 2.44× | ||
| Q3 24 | — | 1.57× | ||
| Q2 24 | -2.64× | 2.13× | ||
| Q1 24 | — | 2.48× |
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
AP
| Forged And Cast Mill Rolls | $67.0M | 64% |
| Air Handling Systems | $14.3M | 14% |
| Heat Exchange Coils | $13.1M | 13% |
| Centrifugal Pumps | $10.3M | 10% |
| Forged Engineered Products | $4.0M | 4% |
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
