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空气化工产品公司（APD）与美盛公司（MOS）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美盛公司的1.0倍（$3.1B vs $3.0B），空气化工产品公司净利率更高（21.9% vs -17.5%，领先39.3%），空气化工产品公司同比增速更快（5.8% vs 5.6%），空气化工产品公司自由现金流更多（$-350.5M vs $-405.7M），过去两年美盛公司的营收复合增速更高（5.3% 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。
美盛公司（The Mosaic Company）是总部位于美国佛罗里达州坦帕的化工企业，主营磷矿、钾矿开采及尿素采集，依托多元国际分销网络和旗下肥料业务板块生产销售农用肥料，是美国规模最大的钾肥、磷肥生产商。
APD vs MOS — 直观对比
营收规模更大
APD
是对方的1.0倍
$3.0B
营收增速更快
APD
高出0.2%
5.6%
净利率更高
APD
高出39.3%
-17.5%
自由现金流更多
APD
多$55.2M
$-405.7M
两年增速更快
MOS
近两年复合增速
2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.0B |
| 净利润 | $678.2M | $-519.5M |
| 毛利率 | 32.1% | 11.5% |
| 营业利润率 | 23.7% | -3.4% |
| 净利率 | 21.9% | -17.5% |
| 营收同比 | 5.8% | 5.6% |
| 净利润同比 | 9.8% | -407.4% |
| 每股收益（稀释后） | $3.04 | $-1.63 |
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APDMOS
| Q4 25 | $3.1B | $3.0B | ||
| Q3 25 | $3.2B | $3.5B | ||
| Q2 25 | $3.0B | $3.0B | ||
| Q1 25 | $2.9B | $2.6B | ||
| Q4 24 | $2.9B | $2.8B | ||
| Q3 24 | $3.2B | $2.8B | ||
| Q2 24 | $3.0B | $2.8B | ||
| Q1 24 | $2.9B | $2.7B |
净利润APDMOS
| Q4 25 | $678.2M | $-519.5M | ||
| Q3 25 | $4.9M | $411.4M | ||
| Q2 25 | $713.8M | $410.7M | ||
| Q1 25 | $-1.7B | $238.1M | ||
| Q4 24 | $617.4M | $169.0M | ||
| Q3 24 | $1.9B | $122.2M | ||
| Q2 24 | $696.6M | $-161.5M | ||
| Q1 24 | $572.4M | $45.2M |
毛利率APDMOS
| Q4 25 | 32.1% | 11.5% | ||
| Q3 25 | 32.3% | 16.0% | ||
| Q2 25 | 32.5% | 17.3% | ||
| Q1 25 | 29.6% | 18.6% | ||
| Q4 24 | 31.2% | 10.7% | ||
| Q3 24 | 34.0% | 14.8% | ||
| Q2 24 | 32.8% | 14.0% | ||
| Q1 24 | 32.0% | 14.9% |
营业利润率APDMOS
| Q4 25 | 23.7% | -3.4% | ||
| Q3 25 | 0.5% | 9.8% | ||
| Q2 25 | 26.2% | 8.1% | ||
| Q1 25 | -79.8% | 12.9% | ||
| Q4 24 | 22.0% | 3.5% | ||
| Q3 24 | 76.1% | 4.1% | ||
| Q2 24 | 24.7% | 8.3% | ||
| Q1 24 | 21.7% | 6.5% |
净利率APDMOS
| Q4 25 | 21.9% | -17.5% | ||
| Q3 25 | 0.2% | 11.9% | ||
| Q2 25 | 23.6% | 13.7% | ||
| Q1 25 | -59.3% | 9.1% | ||
| Q4 24 | 21.1% | 6.0% | ||
| Q3 24 | 61.2% | 4.3% | ||
| Q2 24 | 23.3% | -5.7% | ||
| Q1 24 | 19.5% | 1.7% |
每股收益（稀释后）APDMOS
| Q4 25 | $3.04 | $-1.63 | ||
| Q3 25 | $0.03 | $1.29 | ||
| Q2 25 | $3.20 | $1.29 | ||
| Q1 25 | $-7.77 | $0.75 | ||
| Q4 24 | $2.77 | $0.53 | ||
| Q3 24 | $8.75 | $0.38 | ||
| Q2 24 | $3.13 | $-0.50 | ||
| Q1 24 | $2.57 | $0.14 |
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 | $276.6M |
| 总债务越低越好 | — | $4.3B |
| 股东权益账面价值 | $15.4B | $12.1B |
| 总资产 | $41.2B | $24.5B |
| 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APDMOS
| Q4 25 | $1.0B | $276.6M | ||
| Q3 25 | $1.9B | $153.3M | ||
| Q2 25 | $2.3B | $286.2M | ||
| Q1 25 | $1.6B | $259.2M | ||
| Q4 24 | $2.0B | $272.8M | ||
| Q3 24 | $3.0B | $301.6M | ||
| Q2 24 | $2.4B | $322.0M | ||
| Q1 24 | $2.6B | $336.7M |
总债务APDMOS
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
股东权益APDMOS
| Q4 25 | $15.4B | $12.1B | ||
| Q3 25 | $15.0B | $12.8B | ||
| Q2 25 | $15.5B | $12.4B | ||
| Q1 25 | $14.7B | $11.8B | ||
| Q4 24 | $16.7B | $11.5B | ||
| Q3 24 | $17.0B | $11.8B | ||
| Q2 24 | $15.1B | $11.7B | ||
| Q1 24 | $14.9B | $12.0B |
总资产APDMOS
| Q4 25 | $41.2B | $24.5B | ||
| Q3 25 | $41.1B | $24.7B | ||
| Q2 25 | $41.7B | $24.3B | ||
| Q1 25 | $38.9B | $23.2B | ||
| Q4 24 | $40.0B | $22.9B | ||
| Q3 24 | $39.6B | $23.3B | ||
| Q2 24 | $37.0B | $22.6B | ||
| Q1 24 | $35.9B | $22.9B |
负债/权益比APDMOS
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | — | 0.27× |
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 | $-56.1M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $-405.7M |
| 自由现金流率自由现金流/营收 | -11.3% | -13.6% |
| 资本支出强度资本支出/营收 | 40.3% | 11.8% |
| 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 | — | $-534.6M |
8季度趋势，按日历期对齐
经营现金流APDMOS
| Q4 25 | $900.7M | $-56.1M | ||
| Q3 25 | — | $228.5M | ||
| Q2 25 | $855.8M | $609.5M | ||
| Q1 25 | $328.1M | $42.9M | ||
| Q4 24 | $811.7M | $219.3M | ||
| Q3 24 | — | $312.9M | ||
| Q2 24 | $1.3B | $847.0M | ||
| Q1 24 | $801.7M | $-80.0M |
自由现金流APDMOS
| Q4 25 | $-350.5M | $-405.7M | ||
| Q3 25 | — | $-135.9M | ||
| Q2 25 | $-640.0M | $304.9M | ||
| Q1 25 | $-1.6B | $-297.9M | ||
| Q4 24 | $-1.3B | $-74.8M | ||
| Q3 24 | — | $72.1M | ||
| Q2 24 | $-345.2M | $513.1M | ||
| Q1 24 | $-867.7M | $-463.0M |
自由现金流率APDMOS
| Q4 25 | -11.3% | -13.6% | ||
| Q3 25 | — | -3.9% | ||
| Q2 25 | -21.2% | 10.1% | ||
| Q1 25 | -53.6% | -11.4% | ||
| Q4 24 | -44.5% | -2.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | -11.6% | 18.2% | ||
| Q1 24 | -29.6% | -17.3% |
资本支出强度APDMOS
| Q4 25 | 40.3% | 11.8% | ||
| Q3 25 | 47.9% | 10.6% | ||
| Q2 25 | 49.5% | 10.1% | ||
| Q1 25 | 64.9% | 13.0% | ||
| Q4 24 | 72.2% | 10.4% | ||
| Q3 24 | 65.1% | 8.6% | ||
| Q2 24 | 53.8% | 11.9% | ||
| Q1 24 | 57.0% | 14.3% |
现金转化率APDMOS
| Q4 25 | 1.33× | — | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | 1.20× | 1.48× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | 1.31× | 1.30× | ||
| Q3 24 | — | 2.56× | ||
| Q2 24 | 1.81× | — | ||
| Q1 24 | 1.40× | -1.77× |
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% |
MOS
暂无分部数据
