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空气化工产品公司（APD）与BROADWIND, INC.（BWEN）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BROADWIND, INC.的82.2倍（$3.1B vs $37.7M）。BROADWIND, INC.同比增速更快（12.4% vs 5.8%）。BROADWIND, INC.自由现金流更多（$-187.0K vs $-350.5M）。过去两年空气化工产品公司的营收复合增速更高（2.9% vs 0.2%）
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。
Broadwind Inc.是一家总部位于美国的工业制造企业，主营重型结构部件、齿轮系统的生产及相关售后服务，业务覆盖可再生能源、基础设施与重工业领域，主要为北美市场的风电项目、公用事业能源工程等供应核心零部件。
APD vs BWEN — 直观对比
营收规模更大
APD
是对方的82.2倍
$37.7M
营收增速更快
BWEN
高出6.6%
5.8%
自由现金流更多
BWEN
多$350.3M
$-350.5M
两年增速更快
APD
近两年复合增速
0.2%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $37.7M |
| 净利润 | $678.2M | — |
| 毛利率 | 32.1% | 8.8% |
| 营业利润率 | 23.7% | -0.2% |
| 净利率 | 21.9% | — |
| 营收同比 | 5.8% | 12.4% |
| 净利润同比 | 9.8% | — |
| 每股收益（稀释后） | $3.04 | $-0.03 |
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APDBWEN
| Q4 25 | $3.1B | $37.7M | ||
| Q3 25 | $3.2B | $44.2M | ||
| Q2 25 | $3.0B | $39.2M | ||
| Q1 25 | $2.9B | $36.8M | ||
| Q4 24 | $2.9B | $33.6M | ||
| Q3 24 | $3.2B | $35.5M | ||
| Q2 24 | $3.0B | $36.5M | ||
| Q1 24 | $2.9B | $37.6M |
净利润APDBWEN
| Q4 25 | $678.2M | — | ||
| Q3 25 | $4.9M | $7.5M | ||
| Q2 25 | $713.8M | $-989.0K | ||
| Q1 25 | $-1.7B | $-370.0K | ||
| Q4 24 | $617.4M | — | ||
| Q3 24 | $1.9B | $74.0K | ||
| Q2 24 | $696.6M | $482.0K | ||
| Q1 24 | $572.4M | $1.5M |
毛利率APDBWEN
| Q4 25 | 32.1% | 8.8% | ||
| Q3 25 | 32.3% | 10.2% | ||
| Q2 25 | 32.5% | 10.1% | ||
| Q1 25 | 29.6% | 11.7% | ||
| Q4 24 | 31.2% | 11.3% | ||
| Q3 24 | 34.0% | 14.6% | ||
| Q2 24 | 32.8% | 15.3% | ||
| Q1 24 | 32.0% | 17.6% |
营业利润率APDBWEN
| Q4 25 | 23.7% | -0.2% | ||
| Q3 25 | 0.5% | 19.7% | ||
| Q2 25 | 26.2% | -0.4% | ||
| Q1 25 | -79.8% | 0.5% | ||
| Q4 24 | 22.0% | -0.9% | ||
| Q3 24 | 76.1% | 3.3% | ||
| Q2 24 | 24.7% | 3.4% | ||
| Q1 24 | 21.7% | 5.5% |
净利率APDBWEN
| Q4 25 | 21.9% | — | ||
| Q3 25 | 0.2% | 16.9% | ||
| Q2 25 | 23.6% | -2.5% | ||
| Q1 25 | -59.3% | -1.0% | ||
| Q4 24 | 21.1% | — | ||
| Q3 24 | 61.2% | 0.2% | ||
| Q2 24 | 23.3% | 1.3% | ||
| Q1 24 | 19.5% | 4.0% |
每股收益（稀释后）APDBWEN
| Q4 25 | $3.04 | $-0.03 | ||
| Q3 25 | $0.03 | $0.32 | ||
| Q2 25 | $3.20 | $-0.04 | ||
| Q1 25 | $-7.77 | $-0.02 | ||
| Q4 24 | $2.77 | $-0.04 | ||
| Q3 24 | $8.75 | $0.00 | ||
| Q2 24 | $3.13 | $0.02 | ||
| Q1 24 | $2.57 | $0.07 |
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 | $456.0K |
| 总债务越低越好 | — | $10.1M |
| 股东权益账面价值 | $15.4B | $66.3M |
| 总资产 | $41.2B | $116.8M |
| 负债/权益比越低杠杆越低 | — | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资APDBWEN
| Q4 25 | $1.0B | $456.0K | ||
| Q3 25 | $1.9B | $1.2M | ||
| Q2 25 | $2.3B | $1.0M | ||
| Q1 25 | $1.6B | $1.2M | ||
| Q4 24 | $2.0B | $7.7M | ||
| Q3 24 | $3.0B | $1.4M | ||
| Q2 24 | $2.4B | $938.0K | ||
| Q1 24 | $2.6B | $1.1M |
总债务APDBWEN
| Q4 25 | — | $10.1M | ||
| Q3 25 | — | $10.3M | ||
| Q2 25 | — | $26.1M | ||
| Q1 25 | — | $12.2M | ||
| Q4 24 | — | $9.2M | ||
| Q3 24 | — | $16.9M | ||
| Q2 24 | — | $18.0M | ||
| Q1 24 | — | $7.7M |
股东权益APDBWEN
| Q4 25 | $15.4B | $66.3M | ||
| Q3 25 | $15.0B | $66.9M | ||
| Q2 25 | $15.5B | $59.0M | ||
| Q1 25 | $14.7B | $59.3M | ||
| Q4 24 | $16.7B | $59.4M | ||
| Q3 24 | $17.0B | $59.6M | ||
| Q2 24 | $15.1B | $59.1M | ||
| Q1 24 | $14.9B | $58.0M |
总资产APDBWEN
| Q4 25 | $41.2B | $116.8M | ||
| Q3 25 | $41.1B | $119.6M | ||
| Q2 25 | $41.7B | $130.5M | ||
| Q1 25 | $38.9B | $129.3M | ||
| Q4 24 | $40.0B | $128.3M | ||
| Q3 24 | $39.6B | $125.1M | ||
| Q2 24 | $37.0B | $122.5M | ||
| Q1 24 | $35.9B | $123.1M |
负债/权益比APDBWEN
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.28× | ||
| Q2 24 | — | 0.30× | ||
| 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 | $857.0K |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $-187.0K |
| 自由现金流率自由现金流/营收 | -11.3% | -0.5% |
| 资本支出强度资本支出/营收 | 40.3% | 2.8% |
| 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 | — | $-19.0M |
8季度趋势，按日历期对齐
经营现金流APDBWEN
| Q4 25 | $900.7M | $857.0K | ||
| Q3 25 | — | $4.3M | ||
| Q2 25 | $855.8M | $-12.5M | ||
| Q1 25 | $328.1M | $-8.0M | ||
| Q4 24 | $811.7M | $14.8M | ||
| Q3 24 | — | $2.4M | ||
| Q2 24 | $1.3B | $-9.3M | ||
| Q1 24 | $801.7M | $5.9M |
自由现金流APDBWEN
| Q4 25 | $-350.5M | $-187.0K | ||
| Q3 25 | — | $3.8M | ||
| Q2 25 | $-640.0M | $-13.7M | ||
| Q1 25 | $-1.6B | $-9.0M | ||
| Q4 24 | $-1.3B | $14.5M | ||
| Q3 24 | — | $1.7M | ||
| Q2 24 | $-345.2M | $-10.1M | ||
| Q1 24 | $-867.7M | $4.1M |
自由现金流率APDBWEN
| Q4 25 | -11.3% | -0.5% | ||
| Q3 25 | — | 8.6% | ||
| Q2 25 | -21.2% | -34.8% | ||
| Q1 25 | -53.6% | -24.3% | ||
| Q4 24 | -44.5% | 43.1% | ||
| Q3 24 | — | 4.8% | ||
| Q2 24 | -11.6% | -27.6% | ||
| Q1 24 | -29.6% | 10.9% |
资本支出强度APDBWEN
| Q4 25 | 40.3% | 2.8% | ||
| Q3 25 | 47.9% | 1.1% | ||
| Q2 25 | 49.5% | 3.1% | ||
| Q1 25 | 64.9% | 2.5% | ||
| Q4 24 | 72.2% | 1.0% | ||
| Q3 24 | 65.1% | 2.1% | ||
| Q2 24 | 53.8% | 2.2% | ||
| Q1 24 | 57.0% | 4.6% |
现金转化率APDBWEN
| Q4 25 | 1.33× | — | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | — | 32.99× | ||
| Q2 24 | 1.81× | -19.26× | ||
| Q1 24 | 1.40× | 3.88× |
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% |
BWEN
| Heavy Fabrications | $21.6M | 57% |
| Industrial Solutions | $9.4M | 25% |
| Gearing | $7.0M | 19% |
