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空气化工产品公司（APD）与亿客行集团（EXPE）财务数据对比。点击上方公司名可切换其他公司
亿客行集团的季度营收约是空气化工产品公司的1.1倍（$3.5B vs $3.1B），空气化工产品公司净利率更高（21.9% vs 5.8%，领先16.1%），亿客行集团同比增速更快（18.7% vs 5.8%），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。
亿客行集团是总部位于美国西雅图的在线旅游服务商，旗下旅行预订平台Expedia于1996年由微软推出。用户可通过其官方网站及移动应用预订机票、酒店、租车、邮轮、特色活动及度假短租等产品，为全球消费者提供便捷的一站式旅行服务解决方案。
APD vs EXPE — 直观对比
营收规模更大
EXPE
是对方的1.1倍
$3.1B
营收增速更快
EXPE
高出12.9%
5.8%
净利率更高
APD
高出16.1%
5.8%
两年增速更快
APD
近两年复合增速
-0.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.5B |
| 净利润 | $678.2M | $205.0M |
| 毛利率 | 32.1% | — |
| 营业利润率 | 23.7% | 11.8% |
| 净利率 | 21.9% | 5.8% |
| 营收同比 | 5.8% | 18.7% |
| 净利润同比 | 9.8% | 202.5% |
| 每股收益（稀释后） | $3.04 | $1.56 |
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APDEXPE
| Q1 26 | — | $3.5B | ||
| Q4 25 | $3.1B | $3.5B | ||
| Q3 25 | $3.2B | $4.4B | ||
| Q2 25 | $3.0B | $3.8B | ||
| Q1 25 | $2.9B | $3.0B | ||
| Q4 24 | $2.9B | $3.2B | ||
| Q3 24 | $3.2B | $4.1B | ||
| Q2 24 | $3.0B | $3.6B |
净利润APDEXPE
| Q1 26 | — | $205.0M | ||
| Q4 25 | $678.2M | $205.0M | ||
| Q3 25 | $4.9M | $959.0M | ||
| Q2 25 | $713.8M | $330.0M | ||
| Q1 25 | $-1.7B | $-200.0M | ||
| Q4 24 | $617.4M | $299.0M | ||
| Q3 24 | $1.9B | $684.0M | ||
| Q2 24 | $696.6M | $386.0M |
毛利率APDEXPE
| Q1 26 | — | — | ||
| Q4 25 | 32.1% | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 32.5% | — | ||
| Q1 25 | 29.6% | — | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | 34.0% | — | ||
| Q2 24 | 32.8% | — |
营业利润率APDEXPE
| Q1 26 | — | 11.8% | ||
| Q4 25 | 23.7% | 11.8% | ||
| Q3 25 | 0.5% | 23.5% | ||
| Q2 25 | 26.2% | 12.8% | ||
| Q1 25 | -79.8% | -2.3% | ||
| Q4 24 | 22.0% | 6.8% | ||
| Q3 24 | 76.1% | 18.8% | ||
| Q2 24 | 24.7% | 12.7% |
净利率APDEXPE
| Q1 26 | — | 5.8% | ||
| Q4 25 | 21.9% | 5.8% | ||
| Q3 25 | 0.2% | 21.7% | ||
| Q2 25 | 23.6% | 8.7% | ||
| Q1 25 | -59.3% | -6.7% | ||
| Q4 24 | 21.1% | 9.4% | ||
| Q3 24 | 61.2% | 16.8% | ||
| Q2 24 | 23.3% | 10.8% |
每股收益（稀释后）APDEXPE
| Q1 26 | — | $1.56 | ||
| Q4 25 | $3.04 | $1.56 | ||
| Q3 25 | $0.03 | $7.33 | ||
| Q2 25 | $3.20 | $2.48 | ||
| Q1 25 | $-7.77 | $-1.56 | ||
| Q4 24 | $2.77 | $2.10 | ||
| Q3 24 | $8.75 | $5.04 | ||
| Q2 24 | $3.13 | $2.80 |
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 | $5.7B |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $15.4B | $1.3B |
| 总资产 | $41.2B | $24.5B |
| 负债/权益比越低杠杆越低 | — | 4.80× |
8季度趋势，按日历期对齐
现金及短期投资APDEXPE
| Q1 26 | — | $5.7B | ||
| Q4 25 | $1.0B | $5.7B | ||
| Q3 25 | $1.9B | $6.2B | ||
| Q2 25 | $2.3B | $6.7B | ||
| Q1 25 | $1.6B | $6.1B | ||
| Q4 24 | $2.0B | $4.5B | ||
| Q3 24 | $3.0B | $4.9B | ||
| Q2 24 | $2.4B | $6.3B |
总债务APDEXPE
| Q1 26 | — | $6.2B | ||
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | — | $6.2B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | — | $6.3B | ||
| Q3 24 | — | $6.3B | ||
| Q2 24 | — | $6.3B |
股东权益APDEXPE
| Q1 26 | — | $1.3B | ||
| Q4 25 | $15.4B | $1.3B | ||
| Q3 25 | $15.0B | $1.3B | ||
| Q2 25 | $15.5B | $836.0M | ||
| Q1 25 | $14.7B | $1.1B | ||
| Q4 24 | $16.7B | $1.6B | ||
| Q3 24 | $17.0B | $1.3B | ||
| Q2 24 | $15.1B | $889.0M |
总资产APDEXPE
| Q1 26 | — | $24.5B | ||
| Q4 25 | $41.2B | $24.5B | ||
| Q3 25 | $41.1B | $25.1B | ||
| Q2 25 | $41.7B | $27.0B | ||
| Q1 25 | $38.9B | $26.1B | ||
| Q4 24 | $40.0B | $22.4B | ||
| Q3 24 | $39.6B | $23.4B | ||
| Q2 24 | $37.0B | $25.9B |
负债/权益比APDEXPE
| Q1 26 | — | 4.80× | ||
| Q4 25 | — | 4.80× | ||
| Q3 25 | — | 4.65× | ||
| Q2 25 | — | 7.43× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | — | 4.74× | ||
| Q2 24 | — | 7.04× |
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 | — |
| 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× | — |
| 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APDEXPE
| Q1 26 | — | — | ||
| Q4 25 | $900.7M | $304.0M | ||
| Q3 25 | — | $-497.0M | ||
| Q2 25 | $855.8M | $1.1B | ||
| Q1 25 | $328.1M | $3.0B | ||
| Q4 24 | $811.7M | $198.0M | ||
| Q3 24 | — | $-1.5B | ||
| Q2 24 | $1.3B | $1.5B |
自由现金流APDEXPE
| Q1 26 | — | — | ||
| Q4 25 | $-350.5M | $119.0M | ||
| Q3 25 | — | $-686.0M | ||
| Q2 25 | $-640.0M | $921.0M | ||
| Q1 25 | $-1.6B | $2.8B | ||
| Q4 24 | $-1.3B | $7.0M | ||
| Q3 24 | — | $-1.7B | ||
| Q2 24 | $-345.2M | $1.3B |
自由现金流率APDEXPE
| Q1 26 | — | — | ||
| Q4 25 | -11.3% | 3.4% | ||
| Q3 25 | — | -15.5% | ||
| Q2 25 | -21.2% | 24.3% | ||
| Q1 25 | -53.6% | 92.2% | ||
| Q4 24 | -44.5% | 0.2% | ||
| Q3 24 | — | -41.6% | ||
| Q2 24 | -11.6% | 36.7% |
资本支出强度APDEXPE
| Q1 26 | — | — | ||
| Q4 25 | 40.3% | 5.2% | ||
| Q3 25 | 47.9% | 4.3% | ||
| Q2 25 | 49.5% | 5.3% | ||
| Q1 25 | 64.9% | 6.6% | ||
| Q4 24 | 72.2% | 6.0% | ||
| Q3 24 | 65.1% | 4.8% | ||
| Q2 24 | 53.8% | 5.5% |
现金转化率APDEXPE
| Q1 26 | — | — | ||
| Q4 25 | 1.33× | 1.48× | ||
| Q3 25 | — | -0.52× | ||
| Q2 25 | 1.20× | 3.40× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.31× | 0.66× | ||
| Q3 24 | — | -2.18× | ||
| Q2 24 | 1.81× | 3.89× |
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% |
EXPE
暂无分部数据
