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空气化工产品公司（APD）与Fortune Brands Innovations, Inc.（FBIN）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Fortune Brands Innovations, Inc.的2.9倍（$3.1B vs $1.1B）。空气化工产品公司净利率更高（21.9% vs 7.1%，领先14.8%）。空气化工产品公司同比增速更快（5.8% vs -2.4%）。Fortune Brands Innovations, Inc.自由现金流更多（$183.7M 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 -1.5%）
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。
Fortune Brands Innovations是美国家居及安防产品生产商，总部位于伊利诺伊州迪尔菲尔德，位列财富500强及标普400指数。旗下拥有摩恩、House of Rohl、玛斯特锁等知名品牌，业务覆盖厨卫、户外用品、安防、橱柜制造等领域，2021年底全球员工约2.8万人。
APD vs FBIN — 直观对比
营收规模更大
APD
是对方的2.9倍
$1.1B
营收增速更快
APD
高出8.2%
-2.4%
净利率更高
APD
高出14.8%
7.1%
自由现金流更多
FBIN
多$534.2M
$-350.5M
两年增速更快
APD
近两年复合增速
-1.5%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.1B |
| 净利润 | $678.2M | $76.3M |
| 毛利率 | 32.1% | 43.8% |
| 营业利润率 | 23.7% | 11.3% |
| 净利率 | 21.9% | 7.1% |
| 营收同比 | 5.8% | -2.4% |
| 净利润同比 | 9.8% | -27.3% |
| 每股收益（稀释后） | $3.04 | $0.63 |
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APDFBIN
| Q4 25 | $3.1B | $1.1B | ||
| Q3 25 | $3.2B | $1.1B | ||
| Q2 25 | $3.0B | $1.2B | ||
| Q1 25 | $2.9B | $1.0B | ||
| Q4 24 | $2.9B | $1.1B | ||
| Q3 24 | $3.2B | $1.2B | ||
| Q2 24 | $3.0B | $1.2B | ||
| Q1 24 | $2.9B | $1.1B |
净利润APDFBIN
| Q4 25 | $678.2M | $76.3M | ||
| Q3 25 | $4.9M | $70.8M | ||
| Q2 25 | $713.8M | $100.3M | ||
| Q1 25 | $-1.7B | $51.4M | ||
| Q4 24 | $617.4M | $105.0M | ||
| Q3 24 | $1.9B | $136.6M | ||
| Q2 24 | $696.6M | $133.9M | ||
| Q1 24 | $572.4M | $96.4M |
毛利率APDFBIN
| Q4 25 | 32.1% | 43.8% | ||
| Q3 25 | 32.3% | 45.2% | ||
| Q2 25 | 32.5% | 45.1% | ||
| Q1 25 | 29.6% | 44.0% | ||
| Q4 24 | 31.2% | 46.0% | ||
| Q3 24 | 34.0% | 45.9% | ||
| Q2 24 | 32.8% | 43.6% | ||
| Q1 24 | 32.0% | 43.9% |
营业利润率APDFBIN
| Q4 25 | 23.7% | 11.3% | ||
| Q3 25 | 0.5% | 11.0% | ||
| Q2 25 | 26.2% | 14.3% | ||
| Q1 25 | -79.8% | 9.4% | ||
| Q4 24 | 22.0% | 16.1% | ||
| Q3 24 | 76.1% | 17.8% | ||
| Q2 24 | 24.7% | 16.1% | ||
| Q1 24 | 21.7% | 14.0% |
净利率APDFBIN
| Q4 25 | 21.9% | 7.1% | ||
| Q3 25 | 0.2% | 6.2% | ||
| Q2 25 | 23.6% | 8.3% | ||
| Q1 25 | -59.3% | 5.0% | ||
| Q4 24 | 21.1% | 9.5% | ||
| Q3 24 | 61.2% | 11.8% | ||
| Q2 24 | 23.3% | 10.8% | ||
| Q1 24 | 19.5% | 8.7% |
每股收益（稀释后）APDFBIN
| Q4 25 | $3.04 | $0.63 | ||
| Q3 25 | $0.03 | $0.59 | ||
| Q2 25 | $3.20 | $0.83 | ||
| Q1 25 | $-7.77 | $0.42 | ||
| Q4 24 | $2.77 | $0.84 | ||
| Q3 24 | $8.75 | $1.09 | ||
| Q2 24 | $3.13 | $1.06 | ||
| Q1 24 | $2.57 | $0.76 |
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 | $264.0M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $15.4B | $2.4B |
| 总资产 | $41.2B | $6.5B |
| 负债/权益比越低杠杆越低 | — | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资APDFBIN
| Q4 25 | $1.0B | $264.0M | ||
| Q3 25 | $1.9B | $223.9M | ||
| Q2 25 | $2.3B | $234.7M | ||
| Q1 25 | $1.6B | $340.0M | ||
| Q4 24 | $2.0B | $381.1M | ||
| Q3 24 | $3.0B | $344.8M | ||
| Q2 24 | $2.4B | $352.6M | ||
| Q1 24 | $2.6B | $359.7M |
总债务APDFBIN
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.7B |
股东权益APDFBIN
| Q4 25 | $15.4B | $2.4B | ||
| Q3 25 | $15.0B | $2.4B | ||
| Q2 25 | $15.5B | $2.3B | ||
| Q1 25 | $14.7B | $2.3B | ||
| Q4 24 | $16.7B | $2.4B | ||
| Q3 24 | $17.0B | $2.4B | ||
| Q2 24 | $15.1B | $2.3B | ||
| Q1 24 | $14.9B | $2.3B |
总资产APDFBIN
| Q4 25 | $41.2B | $6.5B | ||
| Q3 25 | $41.1B | $6.5B | ||
| Q2 25 | $41.7B | $6.6B | ||
| Q1 25 | $38.9B | $6.6B | ||
| Q4 24 | $40.0B | $6.6B | ||
| Q3 24 | $39.6B | $6.6B | ||
| Q2 24 | $37.0B | $6.7B | ||
| Q1 24 | $35.9B | $6.8B |
负债/权益比APDFBIN
| Q4 25 | — | 1.07× | ||
| Q3 25 | — | 0.91× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 1.16× | ||
| Q4 24 | — | 1.10× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.15× | ||
| Q1 24 | — | 1.17× |
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 | $208.2M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $183.7M |
| 自由现金流率自由现金流/营收 | -11.3% | 17.0% |
| 资本支出强度资本支出/营收 | 40.3% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.33× | 2.73× |
| 过去12个月自由现金流最近4个季度 | — | $366.8M |
8季度趋势，按日历期对齐
经营现金流APDFBIN
| Q4 25 | $900.7M | $208.2M | ||
| Q3 25 | — | $204.4M | ||
| Q2 25 | $855.8M | $149.4M | ||
| Q1 25 | $328.1M | $-83.4M | ||
| Q4 24 | $811.7M | $272.3M | ||
| Q3 24 | — | $205.3M | ||
| Q2 24 | $1.3B | $261.5M | ||
| Q1 24 | $801.7M | $-71.3M |
自由现金流APDFBIN
| Q4 25 | $-350.5M | $183.7M | ||
| Q3 25 | — | $177.0M | ||
| Q2 25 | $-640.0M | $118.7M | ||
| Q1 25 | $-1.6B | $-112.6M | ||
| Q4 24 | $-1.3B | $212.1M | ||
| Q3 24 | — | $175.6M | ||
| Q2 24 | $-345.2M | $222.7M | ||
| Q1 24 | $-867.7M | $-135.9M |
自由现金流率APDFBIN
| Q4 25 | -11.3% | 17.0% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | -21.2% | 9.9% | ||
| Q1 25 | -53.6% | -10.9% | ||
| Q4 24 | -44.5% | 19.2% | ||
| Q3 24 | — | 15.2% | ||
| Q2 24 | -11.6% | 18.0% | ||
| Q1 24 | -29.6% | -12.2% |
资本支出强度APDFBIN
| Q4 25 | 40.3% | 2.3% | ||
| Q3 25 | 47.9% | 2.4% | ||
| Q2 25 | 49.5% | 2.6% | ||
| Q1 25 | 64.9% | 2.8% | ||
| Q4 24 | 72.2% | 5.5% | ||
| Q3 24 | 65.1% | 2.6% | ||
| Q2 24 | 53.8% | 3.1% | ||
| Q1 24 | 57.0% | 5.8% |
现金转化率APDFBIN
| Q4 25 | 1.33× | 2.73× | ||
| Q3 25 | — | 2.89× | ||
| Q2 25 | 1.20× | 1.49× | ||
| Q1 25 | — | -1.62× | ||
| Q4 24 | 1.31× | 2.59× | ||
| Q3 24 | — | 1.50× | ||
| Q2 24 | 1.81× | 1.95× | ||
| Q1 24 | 1.40× | -0.74× |
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% |
FBIN
| Wholesale Retail Trade | $526.7M | 49% |
| Home Center Retailer | $257.1M | 24% |
| Security Segment | $165.8M | 15% |
| Other Retailer | $118.2M | 11% |
