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空气化工产品公司（APD）与Arq, Inc.（ARQ）财务数据对比。点击上方公司名可切换其他公司
空气化工产品公司的季度营收约是Arq, Inc.的105.4倍（$3.1B vs $29.4M）。Arq, Inc.同比增速更快（8.8% vs 5.8%）。Arq, Inc.自由现金流更多（$-3.5M vs $-350.5M）。过去两年Arq, Inc.的营收复合增速更高（16.4% vs 2.9%）
空气化工产品公司是全球知名的工业气体供应商，业务覆盖全球各地，主营大气气体、工艺气体、特种气体、相关设备及服务，产品涵盖氧气、氮气、氩气、氢气、氦气、二氧化碳、一氧化碳、合成气等，同时供应空分装置、非低温发生器等气体生产处理设备，服务炼油、化工、气化等多个行业领域。
Arq Inc是一家可持续发展技术企业，主营将煤矿开采废弃物加工为高价值低碳固体燃料及工业碳产品，服务能源、建筑、制造等领域客户，核心市场覆盖北美及欧洲主要地区，致力于帮助工业客户减少废弃物、降低碳排放。
APD vs ARQ — 直观对比
营收规模更大
APD
是对方的105.4倍
$29.4M
营收增速更快
ARQ
高出3.0%
5.8%
自由现金流更多
ARQ
多$347.0M
$-350.5M
两年增速更快
ARQ
近两年复合增速
2.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $29.4M |
| 净利润 | $678.2M | — |
| 毛利率 | 32.1% | 13.6% |
| 营业利润率 | 23.7% | -174.1% |
| 净利率 | 21.9% | — |
| 营收同比 | 5.8% | 8.8% |
| 净利润同比 | 9.8% | — |
| 每股收益（稀释后） | $3.04 | $-1.20 |
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APDARQ
| Q4 25 | $3.1B | $29.4M | ||
| Q3 25 | $3.2B | $35.1M | ||
| Q2 25 | $3.0B | $28.6M | ||
| Q1 25 | $2.9B | $27.2M | ||
| Q4 24 | $2.9B | $27.0M | ||
| Q3 24 | $3.2B | $34.8M | ||
| Q2 24 | $3.0B | $25.4M | ||
| Q1 24 | $2.9B | $21.7M |
净利润APDARQ
| Q4 25 | $678.2M | — | ||
| Q3 25 | $4.9M | $-653.0K | ||
| Q2 25 | $713.8M | $-2.1M | ||
| Q1 25 | $-1.7B | $203.0K | ||
| Q4 24 | $617.4M | — | ||
| Q3 24 | $1.9B | $1.6M | ||
| Q2 24 | $696.6M | $-2.0M | ||
| Q1 24 | $572.4M | $-3.4M |
毛利率APDARQ
| Q4 25 | 32.1% | 13.6% | ||
| Q3 25 | 32.3% | 28.8% | ||
| Q2 25 | 32.5% | 33.3% | ||
| Q1 25 | 29.6% | 36.4% | ||
| Q4 24 | 31.2% | 36.3% | ||
| Q3 24 | 34.0% | 38.6% | ||
| Q2 24 | 32.8% | 32.2% | ||
| Q1 24 | 32.0% | 36.9% |
营业利润率APDARQ
| Q4 25 | 23.7% | -174.1% | ||
| Q3 25 | 0.5% | -2.4% | ||
| Q2 25 | 26.2% | -5.4% | ||
| Q1 25 | -79.8% | 2.4% | ||
| Q4 24 | 22.0% | 1.5% | ||
| Q3 24 | 76.1% | 5.8% | ||
| Q2 24 | 24.7% | -5.6% | ||
| Q1 24 | 21.7% | -13.7% |
净利率APDARQ
| Q4 25 | 21.9% | — | ||
| Q3 25 | 0.2% | -1.9% | ||
| Q2 25 | 23.6% | -7.5% | ||
| Q1 25 | -59.3% | 0.7% | ||
| Q4 24 | 21.1% | — | ||
| Q3 24 | 61.2% | 4.7% | ||
| Q2 24 | 23.3% | -7.7% | ||
| Q1 24 | 19.5% | -15.7% |
每股收益（稀释后）APDARQ
| Q4 25 | $3.04 | $-1.20 | ||
| Q3 25 | $0.03 | $-0.02 | ||
| Q2 25 | $3.20 | $-0.05 | ||
| Q1 25 | $-7.77 | $0.00 | ||
| Q4 24 | $2.77 | $-0.03 | ||
| Q3 24 | $8.75 | $0.04 | ||
| Q2 24 | $3.13 | $-0.06 | ||
| Q1 24 | $2.57 | $-0.09 |
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 | $1.0B | $6.6M |
| 总债务越低越好 | — | $28.7M |
| 股东权益账面价值 | $15.4B | $168.0M |
| 总资产 | $41.2B | $230.6M |
| 负债/权益比越低杠杆越低 | — | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资APDARQ
| Q4 25 | $1.0B | $6.6M | ||
| Q3 25 | $1.9B | $7.0M | ||
| Q2 25 | $2.3B | $7.0M | ||
| Q1 25 | $1.6B | $6.3M | ||
| Q4 24 | $2.0B | $13.5M | ||
| Q3 24 | $3.0B | $48.7M | ||
| Q2 24 | $2.4B | $28.5M | ||
| Q1 24 | $2.6B | $35.2M |
总债务APDARQ
| Q4 25 | — | $28.7M | ||
| Q3 25 | — | $26.1M | ||
| Q2 25 | — | $28.9M | ||
| Q1 25 | — | $27.1M | ||
| Q4 24 | — | $25.1M | ||
| Q3 24 | — | $21.6M | ||
| Q2 24 | — | $22.2M | ||
| Q1 24 | — | $22.6M |
股东权益APDARQ
| Q4 25 | $15.4B | $168.0M | ||
| Q3 25 | $15.0B | $217.2M | ||
| Q2 25 | $15.5B | $216.8M | ||
| Q1 25 | $14.7B | $218.2M | ||
| Q4 24 | $16.7B | $217.3M | ||
| Q3 24 | $17.0B | $218.1M | ||
| Q2 24 | $15.1B | $189.6M | ||
| Q1 24 | $14.9B | $175.2M |
总资产APDARQ
| Q4 25 | $41.2B | $230.6M | ||
| Q3 25 | $41.1B | $277.9M | ||
| Q2 25 | $41.7B | $284.5M | ||
| Q1 25 | $38.9B | $283.7M | ||
| Q4 24 | $40.0B | $284.4M | ||
| Q3 24 | $39.6B | $280.0M | ||
| Q2 24 | $37.0B | $248.6M | ||
| Q1 24 | $35.9B | $229.8M |
负债/权益比APDARQ
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.13× |
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 | $900.7M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $-3.5M |
| 自由现金流率自由现金流/营收 | -11.3% | -12.0% |
| 资本支出强度资本支出/营收 | 40.3% | 2.7% |
| 现金转化率经营现金流/净利润 | 1.33× | — |
| 过去12个月自由现金流最近4个季度 | — | $-11.3M |
8季度趋势，按日历期对齐
经营现金流APDARQ
| Q4 25 | $900.7M | $-2.8M | ||
| Q3 25 | — | $5.3M | ||
| Q2 25 | $855.8M | $527.0K | ||
| Q1 25 | $328.1M | $-5.8M | ||
| Q4 24 | $811.7M | $5.2M | ||
| Q3 24 | — | $7.7M | ||
| Q2 24 | $1.3B | $-3.0M | ||
| Q1 24 | $801.7M | $526.0K |
自由现金流APDARQ
| Q4 25 | $-350.5M | $-3.5M | ||
| Q3 25 | — | $3.1M | ||
| Q2 25 | $-640.0M | $-1.4M | ||
| Q1 25 | $-1.6B | $-9.5M | ||
| Q4 24 | $-1.3B | $-37.8M | ||
| Q3 24 | — | $-5.8M | ||
| Q2 24 | $-345.2M | $-22.1M | ||
| Q1 24 | $-867.7M | $-9.1M |
自由现金流率APDARQ
| Q4 25 | -11.3% | -12.0% | ||
| Q3 25 | — | 8.8% | ||
| Q2 25 | -21.2% | -4.7% | ||
| Q1 25 | -53.6% | -34.9% | ||
| Q4 24 | -44.5% | -139.6% | ||
| Q3 24 | — | -16.5% | ||
| Q2 24 | -11.6% | -87.1% | ||
| Q1 24 | -29.6% | -41.7% |
资本支出强度APDARQ
| Q4 25 | 40.3% | 2.7% | ||
| Q3 25 | 47.9% | 6.3% | ||
| Q2 25 | 49.5% | 6.6% | ||
| Q1 25 | 64.9% | 13.6% | ||
| Q4 24 | 72.2% | 158.9% | ||
| Q3 24 | 65.1% | 38.7% | ||
| Q2 24 | 53.8% | 75.5% | ||
| Q1 24 | 57.0% | 44.1% |
现金转化率APDARQ
| Q4 25 | 1.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | — | -28.59× | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | — | 4.76× | ||
| Q2 24 | 1.81× | — | ||
| Q1 24 | 1.40× | — |
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
APD
| Other | $1.6B | 53% |
| Onsite | $783.9M | 25% |
| Merchant | $557.8M | 18% |
| Saleof Equipment | $117.0M | 4% |
ARQ
暂无分部数据
