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空气化工产品公司（APD）与Globe Life（GL）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Globe Life的2.1倍（$3.2B vs $1.5B），空气化工产品公司净利率更高（22.9% vs 17.5%，领先5.3%），空气化工产品公司同比增速更快（8.8% vs 3.6%），过去两年Globe Life的营收复合增速更高（3.6% vs 3.1%）
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。
Globe Life Inc.（股票代码：GL）是总部位于美国得克萨斯州麦金尼的金融服务控股公司，在纽约证券交易所上市，通过旗下全资子公司开展业务，主营人寿保险、年金产品及补充健康保险产品。
APD vs GL — 直观对比
营收规模更大
APD
是对方的2.1倍
$1.5B
营收增速更快
APD
高出5.1%
3.6%
净利率更高
APD
高出5.3%
17.5%
两年增速更快
GL
近两年复合增速
3.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $1.5B |
| 净利润 | $724.8M | $266.1M |
| 毛利率 | 31.1% | — |
| 营业利润率 | — | 21.7% |
| 净利率 | 22.9% | 17.5% |
| 营收同比 | 8.8% | 3.6% |
| 净利润同比 | 166.6% | 4.3% |
| 每股收益（稀释后） | $3.19 | $3.28 |
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APDGL
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $1.5B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $3.0B | $1.5B | ||
| Q1 25 | $2.9B | $1.5B | ||
| Q4 24 | $2.9B | $1.5B | ||
| Q3 24 | $3.2B | $1.5B | ||
| Q2 24 | $3.0B | $1.4B |
净利润APDGL
| Q1 26 | $724.8M | — | ||
| Q4 25 | $678.2M | $266.1M | ||
| Q3 25 | $4.9M | $387.8M | ||
| Q2 25 | $713.8M | $252.7M | ||
| Q1 25 | $-1.7B | $254.6M | ||
| Q4 24 | $617.4M | $255.2M | ||
| Q3 24 | $1.9B | $303.0M | ||
| Q2 24 | $696.6M | $258.4M |
毛利率APDGL
| Q1 26 | 31.1% | — | ||
| Q4 25 | 32.1% | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 32.5% | — | ||
| Q1 25 | 29.6% | — | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | 34.0% | 26.1% | ||
| Q2 24 | 32.8% | 23.3% |
营业利润率APDGL
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | 21.7% | ||
| Q3 25 | 0.5% | 31.5% | ||
| Q2 25 | 26.2% | 21.2% | ||
| Q1 25 | -79.8% | 21.4% | ||
| Q4 24 | 22.0% | 21.3% | ||
| Q3 24 | 76.1% | 26.3% | ||
| Q2 24 | 24.7% | 23.5% |
净利率APDGL
| Q1 26 | 22.9% | — | ||
| Q4 25 | 21.9% | 17.5% | ||
| Q3 25 | 0.2% | 25.6% | ||
| Q2 25 | 23.6% | 17.1% | ||
| Q1 25 | -59.3% | 17.2% | ||
| Q4 24 | 21.1% | 17.4% | ||
| Q3 24 | 61.2% | 20.8% | ||
| Q2 24 | 23.3% | 17.9% |
每股收益（稀释后）APDGL
| Q1 26 | $3.19 | — | ||
| Q4 25 | $3.04 | $3.28 | ||
| Q3 25 | $0.03 | $4.73 | ||
| Q2 25 | $3.20 | $3.05 | ||
| Q1 25 | $-7.77 | $3.01 | ||
| Q4 24 | $2.77 | $3.00 | ||
| Q3 24 | $8.75 | $3.44 | ||
| Q2 24 | $3.13 | $2.83 |
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 | — | $314.7M |
| 总债务越低越好 | $17.4M | — |
| 股东权益账面价值 | $18.1M | $6.0B |
| 总资产 | $41.6M | $30.8B |
| 负债/权益比越低杠杆越低 | 0.96× | — |
8季度趋势，按日历期对齐
现金及短期投资APDGL
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $314.7M | ||
| Q3 25 | $1.9B | $62.8M | ||
| Q2 25 | $2.3B | $116.7M | ||
| Q1 25 | $1.6B | $134.1M | ||
| Q4 24 | $2.0B | $85.0M | ||
| Q3 24 | $3.0B | $100.5M | ||
| Q2 24 | $2.4B | $100.6M |
总债务APDGL
| Q1 26 | $17.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APDGL
| Q1 26 | $18.1M | — | ||
| Q4 25 | $15.4B | $6.0B | ||
| Q3 25 | $15.0B | $5.7B | ||
| Q2 25 | $15.5B | $5.4B | ||
| Q1 25 | $14.7B | $5.4B | ||
| Q4 24 | $16.7B | $5.3B | ||
| Q3 24 | $17.0B | $4.6B | ||
| Q2 24 | $15.1B | $5.2B |
总资产APDGL
| Q1 26 | $41.6M | — | ||
| Q4 25 | $41.2B | $30.8B | ||
| Q3 25 | $41.1B | $30.5B | ||
| Q2 25 | $41.7B | $29.8B | ||
| Q1 25 | $38.9B | $29.7B | ||
| Q4 24 | $40.0B | $29.1B | ||
| Q3 24 | $39.6B | $29.6B | ||
| Q2 24 | $37.0B | $28.3B |
负债/权益比APDGL
| Q1 26 | 0.96× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $350.6M |
| 自由现金流经营现金流 - 资本支出 | — | $330.1M |
| 自由现金流率自由现金流/营收 | — | 21.7% |
| 资本支出强度资本支出/营收 | 56.4% | 1.3% |
| 现金转化率经营现金流/净利润 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $1.3B |
8季度趋势，按日历期对齐
经营现金流APDGL
| Q1 26 | — | — | ||
| Q4 25 | $900.7M | $350.6M | ||
| Q3 25 | — | $306.0M | ||
| Q2 25 | $855.8M | $307.9M | ||
| Q1 25 | $328.1M | $431.9M | ||
| Q4 24 | $811.7M | $336.9M | ||
| Q3 24 | — | $340.6M | ||
| Q2 24 | $1.3B | $374.1M |
自由现金流APDGL
| Q1 26 | — | — | ||
| Q4 25 | $-350.5M | $330.1M | ||
| Q3 25 | — | $208.7M | ||
| Q2 25 | $-640.0M | $295.0M | ||
| Q1 25 | $-1.6B | $420.1M | ||
| Q4 24 | $-1.3B | $321.9M | ||
| Q3 24 | — | $311.3M | ||
| Q2 24 | $-345.2M | $356.5M |
自由现金流率APDGL
| Q1 26 | — | — | ||
| Q4 25 | -11.3% | 21.7% | ||
| Q3 25 | — | 13.8% | ||
| Q2 25 | -21.2% | 19.9% | ||
| Q1 25 | -53.6% | 28.4% | ||
| Q4 24 | -44.5% | 22.0% | ||
| Q3 24 | — | 21.4% | ||
| Q2 24 | -11.6% | 24.8% |
资本支出强度APDGL
| Q1 26 | 56.4% | — | ||
| Q4 25 | 40.3% | 1.3% | ||
| Q3 25 | 47.9% | 6.4% | ||
| Q2 25 | 49.5% | 0.9% | ||
| Q1 25 | 64.9% | 0.8% | ||
| Q4 24 | 72.2% | 1.0% | ||
| Q3 24 | 65.1% | 2.0% | ||
| Q2 24 | 53.8% | 1.2% |
现金转化率APDGL
| Q1 26 | — | — | ||
| Q4 25 | 1.33× | 1.32× | ||
| Q3 25 | — | 0.79× | ||
| Q2 25 | 1.20× | 1.22× | ||
| Q1 25 | — | 1.70× | ||
| Q4 24 | 1.31× | 1.32× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | 1.81× | 1.45× |
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
暂无分部数据
GL
| Life Segment | $849.6M | 56% |
| Health Segment | $392.3M | 26% |
| Investment Segment | $281.4M | 19% |
