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空气化工产品公司（APD）与GIBRALTAR INDUSTRIES, INC.（ROCK）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GIBRALTAR INDUSTRIES, INC.的13.8倍（$3.1B vs $225.0M）。GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 5.8%）。GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M 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 -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
APD vs ROCK — 直观对比
营收规模更大
APD
是对方的13.8倍
$225.0M
营收增速更快
ROCK
高出19.1%
5.8%
自由现金流更多
ROCK
多$376.7M
$-350.5M
两年增速更快
APD
近两年复合增速
-12.3%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $225.0M |
| 净利润 | $678.2M | — |
| 毛利率 | 32.1% | 25.3% |
| 营业利润率 | 23.7% | 7.9% |
| 净利率 | 21.9% | — |
| 营收同比 | 5.8% | 24.9% |
| 净利润同比 | 9.8% | — |
| 每股收益（稀释后） | $3.04 | — |
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APDROCK
| Q4 25 | $3.1B | $225.0M | ||
| Q3 25 | $3.2B | $310.9M | ||
| Q2 25 | $3.0B | $309.5M | ||
| Q1 25 | $2.9B | $290.0M | ||
| Q4 24 | $2.9B | $180.1M | ||
| Q3 24 | $3.2B | $277.1M | ||
| Q2 24 | $3.0B | $273.6M | ||
| Q1 24 | $2.9B | $292.5M |
净利润APDROCK
| Q4 25 | $678.2M | — | ||
| Q3 25 | $4.9M | $-89.1M | ||
| Q2 25 | $713.8M | $26.0M | ||
| Q1 25 | $-1.7B | $21.1M | ||
| Q4 24 | $617.4M | — | ||
| Q3 24 | $1.9B | $34.0M | ||
| Q2 24 | $696.6M | $32.2M | ||
| Q1 24 | $572.4M | $24.9M |
毛利率APDROCK
| Q4 25 | 32.1% | 25.3% | ||
| Q3 25 | 32.3% | 26.6% | ||
| Q2 25 | 32.5% | 28.4% | ||
| Q1 25 | 29.6% | 26.8% | ||
| Q4 24 | 31.2% | 29.0% | ||
| Q3 24 | 34.0% | 29.4% | ||
| Q2 24 | 32.8% | 30.5% | ||
| Q1 24 | 32.0% | 28.9% |
营业利润率APDROCK
| Q4 25 | 23.7% | 7.9% | ||
| Q3 25 | 0.5% | 12.8% | ||
| Q2 25 | 26.2% | 12.8% | ||
| Q1 25 | -79.8% | 8.8% | ||
| Q4 24 | 22.0% | 13.3% | ||
| Q3 24 | 76.1% | 15.6% | ||
| Q2 24 | 24.7% | 14.9% | ||
| Q1 24 | 21.7% | 10.8% |
净利率APDROCK
| Q4 25 | 21.9% | — | ||
| Q3 25 | 0.2% | -28.6% | ||
| Q2 25 | 23.6% | 8.4% | ||
| Q1 25 | -59.3% | 7.3% | ||
| Q4 24 | 21.1% | — | ||
| Q3 24 | 61.2% | 12.3% | ||
| Q2 24 | 23.3% | 11.8% | ||
| Q1 24 | 19.5% | 8.5% |
每股收益（稀释后）APDROCK
| Q4 25 | $3.04 | — | ||
| Q3 25 | $0.03 | $-2.98 | ||
| Q2 25 | $3.20 | $0.87 | ||
| Q1 25 | $-7.77 | — | ||
| Q4 24 | $2.77 | — | ||
| Q3 24 | $8.75 | $1.11 | ||
| Q2 24 | $3.13 | $1.05 | ||
| Q1 24 | $2.57 | — |
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 | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $15.4B | $950.4M |
| 总资产 | $41.2B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资APDROCK
| Q4 25 | $1.0B | $115.7M | ||
| Q3 25 | $1.9B | $89.4M | ||
| Q2 25 | $2.3B | $43.3M | ||
| Q1 25 | $1.6B | $25.1M | ||
| Q4 24 | $2.0B | $269.5M | ||
| Q3 24 | $3.0B | $228.9M | ||
| Q2 24 | $2.4B | $179.1M | ||
| Q1 24 | $2.6B | $146.7M |
总债务APDROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益APDROCK
| Q4 25 | $15.4B | $950.4M | ||
| Q3 25 | $15.0B | $951.8M | ||
| Q2 25 | $15.5B | $1.0B | ||
| Q1 25 | $14.7B | $1.0B | ||
| Q4 24 | $16.7B | $1.0B | ||
| Q3 24 | $17.0B | $1.0B | ||
| Q2 24 | $15.1B | $975.7M | ||
| Q1 24 | $14.9B | $940.2M |
总资产APDROCK
| Q4 25 | $41.2B | $1.4B | ||
| Q3 25 | $41.1B | $1.4B | ||
| Q2 25 | $41.7B | $1.5B | ||
| Q1 25 | $38.9B | $1.4B | ||
| Q4 24 | $40.0B | $1.4B | ||
| Q3 24 | $39.6B | $1.4B | ||
| Q2 24 | $37.0B | $1.4B | ||
| Q1 24 | $35.9B | $1.3B |
负债/权益比APDROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| 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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $26.2M |
| 自由现金流率自由现金流/营收 | -11.3% | 11.7% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | — | $120.6M |
8季度趋势，按日历期对齐
经营现金流APDROCK
| Q4 25 | $900.7M | $35.5M | ||
| Q3 25 | — | $73.0M | ||
| Q2 25 | $855.8M | $44.9M | ||
| Q1 25 | $328.1M | $13.7M | ||
| Q4 24 | $811.7M | $19.9M | ||
| Q3 24 | — | $64.7M | ||
| Q2 24 | $1.3B | $36.5M | ||
| Q1 24 | $801.7M | $53.2M |
自由现金流APDROCK
| Q4 25 | $-350.5M | $26.2M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | $-640.0M | $27.3M | ||
| Q1 25 | $-1.6B | $2.3M | ||
| Q4 24 | $-1.3B | $14.1M | ||
| Q3 24 | — | $60.5M | ||
| Q2 24 | $-345.2M | $33.5M | ||
| Q1 24 | $-867.7M | $48.8M |
自由现金流率APDROCK
| Q4 25 | -11.3% | 11.7% | ||
| Q3 25 | — | 20.8% | ||
| Q2 25 | -21.2% | 8.8% | ||
| Q1 25 | -53.6% | 0.8% | ||
| Q4 24 | -44.5% | 7.8% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | -11.6% | 12.2% | ||
| Q1 24 | -29.6% | 16.7% |
资本支出强度APDROCK
| Q4 25 | 40.3% | 4.1% | ||
| Q3 25 | 47.9% | 2.6% | ||
| Q2 25 | 49.5% | 5.7% | ||
| Q1 25 | 64.9% | 3.9% | ||
| Q4 24 | 72.2% | 3.3% | ||
| Q3 24 | 65.1% | 1.5% | ||
| Q2 24 | 53.8% | 1.1% | ||
| Q1 24 | 57.0% | 1.5% |
现金转化率APDROCK
| Q4 25 | 1.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.20× | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | 1.81× | 1.13× | ||
| Q1 24 | 1.40× | 2.13× |
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
