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空气化工产品公司（APD）与Crane NXT, Co.（CXT）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Crane NXT, Co.的6.5倍（$3.1B vs $476.9M）。空气化工产品公司净利率更高（21.9% vs 10.0%，领先11.9%）。Crane NXT, Co.同比增速更快（19.5% vs 5.8%）。过去两年Crane NXT, Co.的营收复合增速更高（23.3% 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。
Crane NXT是一家总部位于美国康涅狄格州斯坦福德的工业产品企业，由理查德·特勒·克莱恩于1855年创立。曾是美国头部卫浴配件制造商，1990年出售卫浴业务后，自1960年起逐步转型为多元化控股集团，目前核心业务涵盖航空航天与电子、工程材料、流体处理、控制设备四大板块，服务化工等多个行业领域。
APD vs CXT — 直观对比
营收规模更大
APD
是对方的6.5倍
$476.9M
营收增速更快
CXT
高出13.7%
5.8%
净利率更高
APD
高出11.9%
10.0%
两年增速更快
CXT
近两年复合增速
2.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $476.9M |
| 净利润 | $678.2M | $47.5M |
| 毛利率 | 32.1% | 42.4% |
| 营业利润率 | 23.7% | 16.7% |
| 净利率 | 21.9% | 10.0% |
| 营收同比 | 5.8% | 19.5% |
| 净利润同比 | 9.8% | — |
| 每股收益（稀释后） | $3.04 | $0.82 |
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APDCXT
| Q4 25 | $3.1B | $476.9M | ||
| Q3 25 | $3.2B | $445.1M | ||
| Q2 25 | $3.0B | $404.4M | ||
| Q1 25 | $2.9B | $330.3M | ||
| Q4 24 | $2.9B | $399.1M | ||
| Q3 24 | $3.2B | $403.5M | ||
| Q2 24 | $3.0B | $370.6M | ||
| Q1 24 | $2.9B | $313.6M |
净利润APDCXT
| Q4 25 | $678.2M | $47.5M | ||
| Q3 25 | $4.9M | $50.5M | ||
| Q2 25 | $713.8M | $24.9M | ||
| Q1 25 | $-1.7B | $21.7M | ||
| Q4 24 | $617.4M | — | ||
| Q3 24 | $1.9B | $47.1M | ||
| Q2 24 | $696.6M | $41.6M | ||
| Q1 24 | $572.4M | $37.8M |
毛利率APDCXT
| Q4 25 | 32.1% | 42.4% | ||
| Q3 25 | 32.3% | 43.3% | ||
| Q2 25 | 32.5% | 41.7% | ||
| Q1 25 | 29.6% | 42.4% | ||
| Q4 24 | 31.2% | 45.2% | ||
| Q3 24 | 34.0% | 42.5% | ||
| Q2 24 | 32.8% | 43.4% | ||
| Q1 24 | 32.0% | 48.6% |
营业利润率APDCXT
| Q4 25 | 23.7% | 16.7% | ||
| Q3 25 | 0.5% | 18.4% | ||
| Q2 25 | 26.2% | 11.8% | ||
| Q1 25 | -79.8% | 11.3% | ||
| Q4 24 | 22.0% | 17.7% | ||
| Q3 24 | 76.1% | 18.6% | ||
| Q2 24 | 24.7% | 18.2% | ||
| Q1 24 | 21.7% | 17.7% |
净利率APDCXT
| Q4 25 | 21.9% | 10.0% | ||
| Q3 25 | 0.2% | 11.3% | ||
| Q2 25 | 23.6% | 6.2% | ||
| Q1 25 | -59.3% | 6.6% | ||
| Q4 24 | 21.1% | — | ||
| Q3 24 | 61.2% | 11.7% | ||
| Q2 24 | 23.3% | 11.2% | ||
| Q1 24 | 19.5% | 12.1% |
每股收益（稀释后）APDCXT
| Q4 25 | $3.04 | $0.82 | ||
| Q3 25 | $0.03 | $0.87 | ||
| Q2 25 | $3.20 | $0.43 | ||
| Q1 25 | $-7.77 | $0.38 | ||
| Q4 24 | $2.77 | $1.00 | ||
| Q3 24 | $8.75 | $0.81 | ||
| Q2 24 | $3.13 | $0.72 | ||
| Q1 24 | $2.57 | $0.66 |
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 | $233.8M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $15.4B | $1.3B |
| 总资产 | $41.2B | $3.1B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资APDCXT
| Q4 25 | $1.0B | $233.8M | ||
| Q3 25 | $1.9B | $182.4M | ||
| Q2 25 | $2.3B | $152.5M | ||
| Q1 25 | $1.6B | $173.8M | ||
| Q4 24 | $2.0B | $165.8M | ||
| Q3 24 | $3.0B | $165.1M | ||
| Q2 24 | $2.4B | $175.5M | ||
| Q1 24 | $2.6B | $220.6M |
总债务APDCXT
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $834.3M | ||
| Q2 25 | — | $861.8M | ||
| Q1 25 | — | $541.1M | ||
| Q4 24 | — | $540.6M | ||
| Q3 24 | — | $638.2M | ||
| Q2 24 | — | $638.9M | ||
| Q1 24 | — | $639.6M |
股东权益APDCXT
| Q4 25 | $15.4B | $1.3B | ||
| Q3 25 | $15.0B | $1.2B | ||
| Q2 25 | $15.5B | $1.2B | ||
| Q1 25 | $14.7B | $1.1B | ||
| Q4 24 | $16.7B | $1.1B | ||
| Q3 24 | $17.0B | $1.1B | ||
| Q2 24 | $15.1B | $989.8M | ||
| Q1 24 | $14.9B | $964.1M |
总资产APDCXT
| Q4 25 | $41.2B | $3.1B | ||
| Q3 25 | $41.1B | $2.9B | ||
| Q2 25 | $41.7B | $2.9B | ||
| Q1 25 | $38.9B | $2.4B | ||
| Q4 24 | $40.0B | $2.4B | ||
| Q3 24 | $39.6B | $2.4B | ||
| Q2 24 | $37.0B | $2.4B | ||
| Q1 24 | $35.9B | $2.1B |
负债/权益比APDCXT
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.49× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.60× | ||
| Q2 24 | — | 0.65× | ||
| Q1 24 | — | 0.66× |
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 | $105.8M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | — |
| 自由现金流率自由现金流/营收 | -11.3% | — |
| 资本支出强度资本支出/营收 | 40.3% | — |
| 现金转化率经营现金流/净利润 | 1.33× | 2.23× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APDCXT
| Q4 25 | $900.7M | $105.8M | ||
| Q3 25 | — | $92.0M | ||
| Q2 25 | $855.8M | $62.8M | ||
| Q1 25 | $328.1M | $-19.1M | ||
| Q4 24 | $811.7M | $81.1M | ||
| Q3 24 | — | $66.7M | ||
| Q2 24 | $1.3B | $56.8M | ||
| Q1 24 | $801.7M | $9.5M |
自由现金流APDCXT
| Q4 25 | $-350.5M | — | ||
| Q3 25 | — | $78.7M | ||
| Q2 25 | $-640.0M | $55.8M | ||
| Q1 25 | $-1.6B | $-32.2M | ||
| Q4 24 | $-1.3B | — | ||
| Q3 24 | — | $53.5M | ||
| Q2 24 | $-345.2M | $47.9M | ||
| Q1 24 | $-867.7M | $-3.0M |
自由现金流率APDCXT
| Q4 25 | -11.3% | — | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | -21.2% | 13.8% | ||
| Q1 25 | -53.6% | -9.7% | ||
| Q4 24 | -44.5% | — | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | -11.6% | 12.9% | ||
| Q1 24 | -29.6% | -1.0% |
资本支出强度APDCXT
| Q4 25 | 40.3% | — | ||
| Q3 25 | 47.9% | 3.0% | ||
| Q2 25 | 49.5% | 1.7% | ||
| Q1 25 | 64.9% | 4.0% | ||
| Q4 24 | 72.2% | — | ||
| Q3 24 | 65.1% | 3.3% | ||
| Q2 24 | 53.8% | 2.4% | ||
| Q1 24 | 57.0% | 4.0% |
现金转化率APDCXT
| Q4 25 | 1.33× | 2.23× | ||
| Q3 25 | — | 1.82× | ||
| Q2 25 | 1.20× | 2.52× | ||
| Q1 25 | — | -0.88× | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | 1.81× | 1.37× | ||
| Q1 24 | 1.40× | 0.25× |
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% |
CXT
| Other | $260.9M | 55% |
| Products | $181.1M | 38% |
| Services | $34.9M | 7% |
