vs
空气化工产品公司（APD）与FLOTEK INDUSTRIES INC（FTK）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FLOTEK INDUSTRIES INC的46.0倍（$3.1B vs $67.5M）。空气化工产品公司净利率更高（21.9% vs 4.5%，领先17.4%）。FLOTEK INDUSTRIES INC同比增速更快（33.0% vs 5.8%）。过去两年FLOTEK INDUSTRIES INC的营收复合增速更高（29.3% 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。
Flotek Industries是一家技术驱动的多元化企业，主要开发和供应特种化学品、高性能材料及相关设备解决方案，服务全球能源、采矿和工业制造领域，助力客户提升运营效率。
APD vs FTK — 直观对比
营收规模更大
APD
是对方的46.0倍
$67.5M
营收增速更快
FTK
高出27.2%
5.8%
净利率更高
APD
高出17.4%
4.5%
两年增速更快
FTK
近两年复合增速
2.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $67.5M |
| 净利润 | $678.2M | $3.0M |
| 毛利率 | 32.1% | 22.5% |
| 营业利润率 | 23.7% | 8.9% |
| 净利率 | 21.9% | 4.5% |
| 营收同比 | 5.8% | 33.0% |
| 净利润同比 | 9.8% | -31.7% |
| 每股收益（稀释后） | $3.04 | $0.09 |
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APDFTK
| Q4 25 | $3.1B | $67.5M | ||
| Q3 25 | $3.2B | $56.0M | ||
| Q2 25 | $3.0B | $58.4M | ||
| Q1 25 | $2.9B | $55.4M | ||
| Q4 24 | $2.9B | $50.8M | ||
| Q3 24 | $3.2B | $49.7M | ||
| Q2 24 | $3.0B | $46.2M | ||
| Q1 24 | $2.9B | $40.4M |
净利润APDFTK
| Q4 25 | $678.2M | $3.0M | ||
| Q3 25 | $4.9M | $20.4M | ||
| Q2 25 | $713.8M | $1.8M | ||
| Q1 25 | $-1.7B | $5.4M | ||
| Q4 24 | $617.4M | $4.4M | ||
| Q3 24 | $1.9B | $2.5M | ||
| Q2 24 | $696.6M | $2.0M | ||
| Q1 24 | $572.4M | $1.6M |
毛利率APDFTK
| Q4 25 | 32.1% | 22.5% | ||
| Q3 25 | 32.3% | 31.7% | ||
| Q2 25 | 32.5% | 24.7% | ||
| Q1 25 | 29.6% | 22.5% | ||
| Q4 24 | 31.2% | 24.2% | ||
| Q3 24 | 34.0% | 18.3% | ||
| Q2 24 | 32.8% | 19.9% | ||
| Q1 24 | 32.0% | 21.8% |
营业利润率APDFTK
| Q4 25 | 23.7% | 8.9% | ||
| Q3 25 | 0.5% | 16.2% | ||
| Q2 25 | 26.2% | 4.4% | ||
| Q1 25 | -79.8% | 10.1% | ||
| Q4 24 | 22.0% | 10.1% | ||
| Q3 24 | 76.1% | 5.5% | ||
| Q2 24 | 24.7% | 4.8% | ||
| Q1 24 | 21.7% | 5.2% |
净利率APDFTK
| Q4 25 | 21.9% | 4.5% | ||
| Q3 25 | 0.2% | 36.3% | ||
| Q2 25 | 23.6% | 3.0% | ||
| Q1 25 | -59.3% | 9.7% | ||
| Q4 24 | 21.1% | 8.7% | ||
| Q3 24 | 61.2% | 5.1% | ||
| Q2 24 | 23.3% | 4.3% | ||
| Q1 24 | 19.5% | 3.9% |
每股收益（稀释后）APDFTK
| Q4 25 | $3.04 | $0.09 | ||
| Q3 25 | $0.03 | $0.53 | ||
| Q2 25 | $3.20 | $0.05 | ||
| Q1 25 | $-7.77 | $0.17 | ||
| Q4 24 | $2.77 | $0.15 | ||
| Q3 24 | $8.75 | $0.08 | ||
| Q2 24 | $3.13 | $0.06 | ||
| Q1 24 | $2.57 | $0.05 |
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 | $5.7M |
| 总债务越低越好 | — | $40.0M |
| 股东权益账面价值 | $15.4B | $113.1M |
| 总资产 | $41.2B | $220.0M |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资APDFTK
| Q4 25 | $1.0B | $5.7M | ||
| Q3 25 | $1.9B | $4.6M | ||
| Q2 25 | $2.3B | $5.0M | ||
| Q1 25 | $1.6B | $6.3M | ||
| Q4 24 | $2.0B | $4.4M | ||
| Q3 24 | $3.0B | $5.0M | ||
| Q2 24 | $2.4B | $4.8M | ||
| Q1 24 | $2.6B | $5.2M |
总债务APDFTK
| Q4 25 | — | $40.0M | ||
| Q3 25 | — | $40.0M | ||
| Q2 25 | — | $40.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $194.0K |
股东权益APDFTK
| Q4 25 | $15.4B | $113.1M | ||
| Q3 25 | $15.0B | $110.5M | ||
| Q2 25 | $15.5B | $71.8M | ||
| Q1 25 | $14.7B | $119.7M | ||
| Q4 24 | $16.7B | $113.9M | ||
| Q3 24 | $17.0B | $109.0M | ||
| Q2 24 | $15.1B | $106.2M | ||
| Q1 24 | $14.9B | $103.9M |
总资产APDFTK
| Q4 25 | $41.2B | $220.0M | ||
| Q3 25 | $41.1B | $212.7M | ||
| Q2 25 | $41.7B | $172.2M | ||
| Q1 25 | $38.9B | $170.2M | ||
| Q4 24 | $40.0B | $170.8M | ||
| Q3 24 | $39.6B | $160.6M | ||
| Q2 24 | $37.0B | $156.0M | ||
| Q1 24 | $35.9B | $155.8M |
负债/权益比APDFTK
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.56× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.00× |
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 | $6.2M |
| 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× | 2.07× |
| 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APDFTK
| Q4 25 | $900.7M | $6.2M | ||
| Q3 25 | — | $-1.9M | ||
| Q2 25 | $855.8M | $-4.5M | ||
| Q1 25 | $328.1M | $7.3M | ||
| Q4 24 | $811.7M | $-2.6M | ||
| Q3 24 | — | $5.1M | ||
| Q2 24 | $1.3B | $-3.1M | ||
| Q1 24 | $801.7M | $3.9M |
自由现金流APDFTK
| Q4 25 | $-350.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-640.0M | — | ||
| Q1 25 | $-1.6B | — | ||
| Q4 24 | $-1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-345.2M | — | ||
| Q1 24 | $-867.7M | — |
自由现金流率APDFTK
| Q4 25 | -11.3% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -21.2% | — | ||
| Q1 25 | -53.6% | — | ||
| Q4 24 | -44.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -11.6% | — | ||
| Q1 24 | -29.6% | — |
资本支出强度APDFTK
| Q4 25 | 40.3% | — | ||
| Q3 25 | 47.9% | — | ||
| Q2 25 | 49.5% | — | ||
| Q1 25 | 64.9% | — | ||
| Q4 24 | 72.2% | — | ||
| Q3 24 | 65.1% | — | ||
| Q2 24 | 53.8% | — | ||
| Q1 24 | 57.0% | — |
现金转化率APDFTK
| Q4 25 | 1.33× | 2.07× | ||
| Q3 25 | — | -0.09× | ||
| Q2 25 | 1.20× | -2.54× | ||
| Q1 25 | — | 1.36× | ||
| Q4 24 | 1.31× | -0.58× | ||
| Q3 24 | — | 2.01× | ||
| Q2 24 | 1.81× | -1.55× | ||
| Q1 24 | 1.40× | 2.49× |
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% |
FTK
| Related Party | $49.6M | 74% |
| Nonrelated Party | $17.9M | 26% |
