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空气化工产品公司（APD）与NWPX Infrastructure, Inc.（NWPX）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NWPX Infrastructure, Inc.的24.7倍（$3.1B vs $125.6M）。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 5.0%）。NWPX Infrastructure, Inc.自由现金流更多（$30.8M vs $-350.5M）。过去两年NWPX Infrastructure, Inc.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。
APD vs NWPX — 直观对比
营收规模更大
APD
是对方的24.7倍
$125.6M
营收增速更快
APD
高出0.8%
5.0%
净利率更高
APD
高出14.8%
7.1%
自由现金流更多
NWPX
多$381.3M
$-350.5M
两年增速更快
NWPX
近两年复合增速
2.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $125.6M |
| 净利润 | $678.2M | $8.9M |
| 毛利率 | 32.1% | 21.3% |
| 营业利润率 | 23.7% | 10.4% |
| 净利率 | 21.9% | 7.1% |
| 营收同比 | 5.8% | 5.0% |
| 净利润同比 | 9.8% | -12.1% |
| 每股收益（稀释后） | $3.04 | $0.88 |
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APDNWPX
| Q4 25 | $3.1B | $125.6M | ||
| Q3 25 | $3.2B | $151.1M | ||
| Q2 25 | $3.0B | $133.2M | ||
| Q1 25 | $2.9B | $116.1M | ||
| Q4 24 | $2.9B | $119.6M | ||
| Q3 24 | $3.2B | $130.2M | ||
| Q2 24 | $3.0B | $129.5M | ||
| Q1 24 | $2.9B | $113.2M |
净利润APDNWPX
| Q4 25 | $678.2M | $8.9M | ||
| Q3 25 | $4.9M | $13.5M | ||
| Q2 25 | $713.8M | $9.1M | ||
| Q1 25 | $-1.7B | $4.0M | ||
| Q4 24 | $617.4M | $10.1M | ||
| Q3 24 | $1.9B | $10.3M | ||
| Q2 24 | $696.6M | $8.6M | ||
| Q1 24 | $572.4M | $5.2M |
毛利率APDNWPX
| Q4 25 | 32.1% | 21.3% | ||
| Q3 25 | 32.3% | 21.3% | ||
| Q2 25 | 32.5% | 19.0% | ||
| Q1 25 | 29.6% | 16.7% | ||
| Q4 24 | 31.2% | 18.8% | ||
| Q3 24 | 34.0% | 20.8% | ||
| Q2 24 | 32.8% | 19.9% | ||
| Q1 24 | 32.0% | 17.8% |
营业利润率APDNWPX
| Q4 25 | 23.7% | 10.4% | ||
| Q3 25 | 0.5% | 12.6% | ||
| Q2 25 | 26.2% | 9.9% | ||
| Q1 25 | -79.8% | 4.8% | ||
| Q4 24 | 22.0% | 8.8% | ||
| Q3 24 | 76.1% | 11.9% | ||
| Q2 24 | 24.7% | 10.5% | ||
| Q1 24 | 21.7% | 7.7% |
净利率APDNWPX
| Q4 25 | 21.9% | 7.1% | ||
| Q3 25 | 0.2% | 8.9% | ||
| Q2 25 | 23.6% | 6.8% | ||
| Q1 25 | -59.3% | 3.4% | ||
| Q4 24 | 21.1% | 8.4% | ||
| Q3 24 | 61.2% | 7.9% | ||
| Q2 24 | 23.3% | 6.7% | ||
| Q1 24 | 19.5% | 4.6% |
每股收益（稀释后）APDNWPX
| Q4 25 | $3.04 | $0.88 | ||
| Q3 25 | $0.03 | $1.38 | ||
| Q2 25 | $3.20 | $0.91 | ||
| Q1 25 | $-7.77 | $0.39 | ||
| Q4 24 | $2.77 | $1.00 | ||
| Q3 24 | $8.75 | $1.02 | ||
| Q2 24 | $3.13 | $0.86 | ||
| Q1 24 | $2.57 | $0.52 |
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 | $2.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.4B | $394.8M |
| 总资产 | $41.2B | $579.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资APDNWPX
| Q4 25 | $1.0B | $2.3M | ||
| Q3 25 | $1.9B | $2.7M | ||
| Q2 25 | $2.3B | $2.0M | ||
| Q1 25 | $1.6B | $5.3M | ||
| Q4 24 | $2.0B | $5.0M | ||
| Q3 24 | $3.0B | $5.7M | ||
| Q2 24 | $2.4B | $4.5M | ||
| Q1 24 | $2.6B | $4.3M |
股东权益APDNWPX
| Q4 25 | $15.4B | $394.8M | ||
| Q3 25 | $15.0B | $386.4M | ||
| Q2 25 | $15.5B | $379.5M | ||
| Q1 25 | $14.7B | $378.5M | ||
| Q4 24 | $16.7B | $374.0M | ||
| Q3 24 | $17.0B | $362.4M | ||
| Q2 24 | $15.1B | $351.2M | ||
| Q1 24 | $14.9B | $342.6M |
总资产APDNWPX
| Q4 25 | $41.2B | $579.6M | ||
| Q3 25 | $41.1B | $605.2M | ||
| Q2 25 | $41.7B | $592.6M | ||
| Q1 25 | $38.9B | $582.2M | ||
| Q4 24 | $40.0B | $589.7M | ||
| Q3 24 | $39.6B | $617.2M | ||
| Q2 24 | $37.0B | $631.7M | ||
| Q1 24 | $35.9B | $621.3M |
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 | $36.0M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $30.8M |
| 自由现金流率自由现金流/营收 | -11.3% | 24.5% |
| 资本支出强度资本支出/营收 | 40.3% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.33× | 4.06× |
| 过去12个月自由现金流最近4个季度 | — | $47.1M |
8季度趋势，按日历期对齐
经营现金流APDNWPX
| Q4 25 | $900.7M | $36.0M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | $855.8M | $5.4M | ||
| Q1 25 | $328.1M | $4.8M | ||
| Q4 24 | $811.7M | $36.1M | ||
| Q3 24 | — | $22.7M | ||
| Q2 24 | $1.3B | $22.3M | ||
| Q1 24 | $801.7M | $-26.1M |
自由现金流APDNWPX
| Q4 25 | $-350.5M | $30.8M | ||
| Q3 25 | — | $13.2M | ||
| Q2 25 | $-640.0M | $1.9M | ||
| Q1 25 | $-1.6B | $1.2M | ||
| Q4 24 | $-1.3B | $31.9M | ||
| Q3 24 | — | $16.8M | ||
| Q2 24 | $-345.2M | $16.2M | ||
| Q1 24 | $-867.7M | $-30.7M |
自由现金流率APDNWPX
| Q4 25 | -11.3% | 24.5% | ||
| Q3 25 | — | 8.7% | ||
| Q2 25 | -21.2% | 1.4% | ||
| Q1 25 | -53.6% | 1.0% | ||
| Q4 24 | -44.5% | 26.7% | ||
| Q3 24 | — | 12.9% | ||
| Q2 24 | -11.6% | 12.5% | ||
| Q1 24 | -29.6% | -27.1% |
资本支出强度APDNWPX
| Q4 25 | 40.3% | 4.1% | ||
| Q3 25 | 47.9% | 5.2% | ||
| Q2 25 | 49.5% | 2.6% | ||
| Q1 25 | 64.9% | 3.2% | ||
| Q4 24 | 72.2% | 3.5% | ||
| Q3 24 | 65.1% | 4.6% | ||
| Q2 24 | 53.8% | 4.7% | ||
| Q1 24 | 57.0% | 4.0% |
现金转化率APDNWPX
| Q4 25 | 1.33× | 4.06× | ||
| Q3 25 | — | 1.55× | ||
| Q2 25 | 1.20× | 0.60× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | 1.31× | 3.58× | ||
| Q3 24 | — | 2.22× | ||
| Q2 24 | 1.81× | 2.58× | ||
| Q1 24 | 1.40× | -4.98× |
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% |
NWPX
| Transferred Over Time | $84.0M | 67% |
| Precast Infrastructure And Engineered Systems | $41.7M | 33% |
