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空气化工产品公司（APD）与英特格（ENTG）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英特格的3.8倍（$3.1B vs $823.9M）。空气化工产品公司净利率更高（21.9% vs 6.0%，领先15.9%）。空气化工产品公司同比增速更快（5.8% vs -3.1%）。英特格自由现金流更多（$134.0M vs $-350.5M）。过去两年英特格的营收复合增速更高（3.4% 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。
英特格是面向半导体及其他高科技行业的材料供应商，全球员工约8000人，总部位于美国马萨诸塞州比勒里卡。公司在全球多国及地区布局生产、客户服务与研发设施，覆盖美国、加拿大、中国、德国、以色列、日本、马来西亚、新加坡、韩国、中国台湾等地。
APD vs ENTG — 直观对比
营收规模更大
APD
是对方的3.8倍
$823.9M
营收增速更快
APD
高出8.9%
-3.1%
净利率更高
APD
高出15.9%
6.0%
自由现金流更多
ENTG
多$484.5M
$-350.5M
两年增速更快
ENTG
近两年复合增速
2.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $823.9M |
| 净利润 | $678.2M | $49.4M |
| 毛利率 | 32.1% | 43.8% |
| 营业利润率 | 23.7% | 12.7% |
| 净利率 | 21.9% | 6.0% |
| 营收同比 | 5.8% | -3.1% |
| 净利润同比 | 9.8% | -51.7% |
| 每股收益（稀释后） | $3.04 | $0.33 |
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APDENTG
| Q4 25 | $3.1B | $823.9M | ||
| Q3 25 | $3.2B | $807.1M | ||
| Q2 25 | $3.0B | $792.4M | ||
| Q1 25 | $2.9B | $773.2M | ||
| Q4 24 | $2.9B | $849.8M | ||
| Q3 24 | $3.2B | $807.7M | ||
| Q2 24 | $3.0B | $812.7M | ||
| Q1 24 | $2.9B | $771.0M |
净利润APDENTG
| Q4 25 | $678.2M | $49.4M | ||
| Q3 25 | $4.9M | $70.5M | ||
| Q2 25 | $713.8M | $52.8M | ||
| Q1 25 | $-1.7B | $62.9M | ||
| Q4 24 | $617.4M | $102.2M | ||
| Q3 24 | $1.9B | $77.6M | ||
| Q2 24 | $696.6M | $67.7M | ||
| Q1 24 | $572.4M | $45.3M |
毛利率APDENTG
| Q4 25 | 32.1% | 43.8% | ||
| Q3 25 | 32.3% | 43.5% | ||
| Q2 25 | 32.5% | 44.4% | ||
| Q1 25 | 29.6% | 46.1% | ||
| Q4 24 | 31.2% | 45.6% | ||
| Q3 24 | 34.0% | 46.0% | ||
| Q2 24 | 32.8% | 46.2% | ||
| Q1 24 | 32.0% | 45.6% |
营业利润率APDENTG
| Q4 25 | 23.7% | 12.7% | ||
| Q3 25 | 0.5% | 15.2% | ||
| Q2 25 | 26.2% | 13.4% | ||
| Q1 25 | -79.8% | 15.8% | ||
| Q4 24 | 22.0% | 17.6% | ||
| Q3 24 | 76.1% | 16.9% | ||
| Q2 24 | 24.7% | 16.0% | ||
| Q1 24 | 21.7% | 15.3% |
净利率APDENTG
| Q4 25 | 21.9% | 6.0% | ||
| Q3 25 | 0.2% | 8.7% | ||
| Q2 25 | 23.6% | 6.7% | ||
| Q1 25 | -59.3% | 8.1% | ||
| Q4 24 | 21.1% | 12.0% | ||
| Q3 24 | 61.2% | 9.6% | ||
| Q2 24 | 23.3% | 8.3% | ||
| Q1 24 | 19.5% | 5.9% |
每股收益（稀释后）APDENTG
| Q4 25 | $3.04 | $0.33 | ||
| Q3 25 | $0.03 | $0.46 | ||
| Q2 25 | $3.20 | $0.35 | ||
| Q1 25 | $-7.77 | $0.41 | ||
| Q4 24 | $2.77 | $0.67 | ||
| Q3 24 | $8.75 | $0.51 | ||
| Q2 24 | $3.13 | $0.45 | ||
| Q1 24 | $2.57 | $0.30 |
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 | $360.4M |
| 总债务越低越好 | — | $3.7B |
| 股东权益账面价值 | $15.4B | $4.0B |
| 总资产 | $41.2B | $8.4B |
| 负债/权益比越低杠杆越低 | — | 0.94× |
8季度趋势，按日历期对齐
现金及短期投资APDENTG
| Q4 25 | $1.0B | $360.4M | ||
| Q3 25 | $1.9B | $399.8M | ||
| Q2 25 | $2.3B | $376.8M | ||
| Q1 25 | $1.6B | $340.9M | ||
| Q4 24 | $2.0B | $329.2M | ||
| Q3 24 | $3.0B | $432.1M | ||
| Q2 24 | $2.4B | $320.0M | ||
| Q1 24 | $2.6B | $340.7M |
总债务APDENTG
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.2B |
股东权益APDENTG
| Q4 25 | $15.4B | $4.0B | ||
| Q3 25 | $15.0B | $3.9B | ||
| Q2 25 | $15.5B | $3.8B | ||
| Q1 25 | $14.7B | $3.7B | ||
| Q4 24 | $16.7B | $3.7B | ||
| Q3 24 | $17.0B | $3.6B | ||
| Q2 24 | $15.1B | $3.5B | ||
| Q1 24 | $14.9B | $3.4B |
总资产APDENTG
| Q4 25 | $41.2B | $8.4B | ||
| Q3 25 | $41.1B | $8.4B | ||
| Q2 25 | $41.7B | $8.4B | ||
| Q1 25 | $38.9B | $8.4B | ||
| Q4 24 | $40.0B | $8.4B | ||
| Q3 24 | $39.6B | $8.5B | ||
| Q2 24 | $37.0B | $8.3B | ||
| Q1 24 | $35.9B | $8.4B |
负债/权益比APDENTG
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 1.06× | ||
| Q4 24 | — | 1.08× | ||
| Q3 24 | — | 1.15× | ||
| Q2 24 | — | 1.18× | ||
| Q1 24 | — | 1.22× |
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 | $192.0M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $134.0M |
| 自由现金流率自由现金流/营收 | -11.3% | 16.3% |
| 资本支出强度资本支出/营收 | 40.3% | 7.0% |
| 现金转化率经营现金流/净利润 | 1.33× | 3.89× |
| 过去12个月自由现金流最近4个季度 | — | $396.2M |
8季度趋势，按日历期对齐
经营现金流APDENTG
| Q4 25 | $900.7M | $192.0M | ||
| Q3 25 | — | $249.5M | ||
| Q2 25 | $855.8M | $113.5M | ||
| Q1 25 | $328.1M | $140.4M | ||
| Q4 24 | $811.7M | $176.1M | ||
| Q3 24 | — | $197.2M | ||
| Q2 24 | $1.3B | $111.2M | ||
| Q1 24 | $801.7M | $147.2M |
自由现金流APDENTG
| Q4 25 | $-350.5M | $134.0M | ||
| Q3 25 | — | $182.8M | ||
| Q2 25 | $-640.0M | $47.0M | ||
| Q1 25 | $-1.6B | $32.4M | ||
| Q4 24 | $-1.3B | $68.6M | ||
| Q3 24 | — | $115.0M | ||
| Q2 24 | $-345.2M | $51.9M | ||
| Q1 24 | $-867.7M | $80.6M |
自由现金流率APDENTG
| Q4 25 | -11.3% | 16.3% | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | -21.2% | 5.9% | ||
| Q1 25 | -53.6% | 4.2% | ||
| Q4 24 | -44.5% | 8.1% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | -11.6% | 6.4% | ||
| Q1 24 | -29.6% | 10.4% |
资本支出强度APDENTG
| Q4 25 | 40.3% | 7.0% | ||
| Q3 25 | 47.9% | 8.3% | ||
| Q2 25 | 49.5% | 8.4% | ||
| Q1 25 | 64.9% | 14.0% | ||
| Q4 24 | 72.2% | 12.7% | ||
| Q3 24 | 65.1% | 10.2% | ||
| Q2 24 | 53.8% | 7.3% | ||
| Q1 24 | 57.0% | 8.6% |
现金转化率APDENTG
| Q4 25 | 1.33× | 3.89× | ||
| Q3 25 | — | 3.54× | ||
| Q2 25 | 1.20× | 2.15× | ||
| Q1 25 | — | 2.23× | ||
| Q4 24 | 1.31× | 1.72× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | 1.81× | 1.64× | ||
| Q1 24 | 1.40× | 3.25× |
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% |
ENTG
| Fabs | $516.3M | 63% |
| Equipment And Engineering | $121.8M | 15% |
| Chemical And Materials | $83.8M | 10% |
| Other | $61.7M | 7% |
| Non Semi | $40.3M | 5% |
