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空气化工产品公司（APD）与史密斯菲尔德食品（SFD）财务数据对比。点击上方公司名可切换其他公司
史密斯菲尔德食品的季度营收约是空气化工产品公司的1.2倍（$3.8B vs $3.2B），空气化工产品公司净利率更高（22.9% vs 6.6%，领先16.3%），空气化工产品公司同比增速更快（8.8% vs 0.8%），过去两年史密斯菲尔德食品的营收复合增速更高（6.8% 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。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
APD vs SFD — 直观对比
营收规模更大
SFD
是对方的1.2倍
$3.2B
营收增速更快
APD
高出8.0%
0.8%
净利率更高
APD
高出16.3%
6.6%
两年增速更快
SFD
近两年复合增速
3.1%
损益表 — Q2 FY2026 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $3.8B |
| 净利润 | $724.8M | $249.0M |
| 毛利率 | 31.1% | 13.4% |
| 营业利润率 | — | 8.8% |
| 净利率 | 22.9% | 6.6% |
| 营收同比 | 8.8% | 0.8% |
| 净利润同比 | 166.6% | 9.8% |
| 每股收益（稀释后） | $3.19 | — |
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APDSFD
| Q1 26 | $3.2B | $3.8B | ||
| Q4 25 | $3.1B | $4.2B | ||
| Q3 25 | $3.2B | $3.7B | ||
| Q2 25 | $3.0B | $3.8B | ||
| Q1 25 | $2.9B | $3.8B | ||
| Q4 24 | $2.9B | $4.0B | ||
| Q3 24 | $3.2B | $3.3B | ||
| Q2 24 | $3.0B | — |
净利润APDSFD
| Q1 26 | $724.8M | $249.0M | ||
| Q4 25 | $678.2M | $327.0M | ||
| Q3 25 | $4.9M | $248.0M | ||
| Q2 25 | $713.8M | $188.0M | ||
| Q1 25 | $-1.7B | $224.0M | ||
| Q4 24 | $617.4M | $205.0M | ||
| Q3 24 | $1.9B | $291.0M | ||
| Q2 24 | $696.6M | — |
毛利率APDSFD
| Q1 26 | 31.1% | 13.4% | ||
| Q4 25 | 32.1% | 14.2% | ||
| Q3 25 | 32.3% | 12.8% | ||
| Q2 25 | 32.5% | 13.2% | ||
| Q1 25 | 29.6% | 13.5% | ||
| Q4 24 | 31.2% | 13.5% | ||
| Q3 24 | 34.0% | 14.3% | ||
| Q2 24 | 32.8% | — |
营业利润率APDSFD
| Q1 26 | — | 8.8% | ||
| Q4 25 | 23.7% | 9.5% | ||
| Q3 25 | 0.5% | 8.3% | ||
| Q2 25 | 26.2% | 6.9% | ||
| Q1 25 | -79.8% | 8.5% | ||
| Q4 24 | 22.0% | 8.5% | ||
| Q3 24 | 76.1% | 8.5% | ||
| Q2 24 | 24.7% | — |
净利率APDSFD
| Q1 26 | 22.9% | 6.6% | ||
| Q4 25 | 21.9% | 7.7% | ||
| Q3 25 | 0.2% | 6.6% | ||
| Q2 25 | 23.6% | 5.0% | ||
| Q1 25 | -59.3% | 5.9% | ||
| Q4 24 | 21.1% | 5.2% | ||
| Q3 24 | 61.2% | 8.7% | ||
| Q2 24 | 23.3% | — |
每股收益（稀释后）APDSFD
| Q1 26 | $3.19 | — | ||
| Q4 25 | $3.04 | $0.83 | ||
| Q3 25 | $0.03 | $0.63 | ||
| Q2 25 | $3.20 | $0.48 | ||
| Q1 25 | $-7.77 | $0.57 | ||
| Q4 24 | $2.77 | $0.54 | ||
| Q3 24 | $8.75 | $0.77 | ||
| Q2 24 | $3.13 | — |
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 | — | $1.4B |
| 总债务越低越好 | $17.4M | — |
| 股东权益账面价值 | $18.1M | $6.9B |
| 总资产 | $41.6M | $12.0B |
| 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APDSFD
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $2.4B | — |
总债务APDSFD
| Q1 26 | $17.4M | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APDSFD
| Q1 26 | $18.1M | $6.9B | ||
| Q4 25 | $15.4B | $6.8B | ||
| Q3 25 | $15.0B | $6.5B | ||
| Q2 25 | $15.5B | $6.3B | ||
| Q1 25 | $14.7B | $6.2B | ||
| Q4 24 | $16.7B | $5.8B | ||
| Q3 24 | $17.0B | — | ||
| Q2 24 | $15.1B | — |
总资产APDSFD
| Q1 26 | $41.6M | $12.0B | ||
| Q4 25 | $41.2B | $12.2B | ||
| Q3 25 | $41.1B | $11.5B | ||
| Q2 25 | $41.7B | $11.2B | ||
| Q1 25 | $38.9B | $11.1B | ||
| Q4 24 | $40.0B | $11.1B | ||
| Q3 24 | $39.6B | — | ||
| Q2 24 | $37.0B | — |
负债/权益比APDSFD
| Q1 26 | 0.96× | — | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
SFD
| Packaged Meats | $2.1B | 57% |
| Other | $863.0M | 23% |
| Hog Production | $769.0M | 20% |
| inter-segment sales eliminations | $19.0M | 1% |
