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空气化工产品公司（APD）与Toast, Inc.（TOST）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Toast, Inc.的1.9倍（$3.2B vs $1.6B），空气化工产品公司净利率更高（22.9% vs 6.2%，领先16.7%），Toast, Inc.同比增速更快（22.0% vs 8.8%），过去两年Toast, Inc.的营收复合增速更高（23.3% 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。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
APD vs TOST — 直观对比
营收规模更大
APD
是对方的1.9倍
$1.6B
营收增速更快
TOST
高出13.3%
8.8%
净利率更高
APD
高出16.7%
6.2%
两年增速更快
TOST
近两年复合增速
3.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $1.6B |
| 净利润 | $724.8M | $101.0M |
| 毛利率 | 31.1% | 25.9% |
| 营业利润率 | — | 5.2% |
| 净利率 | 22.9% | 6.2% |
| 营收同比 | 8.8% | 22.0% |
| 净利润同比 | 166.6% | 215.6% |
| 每股收益（稀释后） | $3.19 | $0.18 |
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APDTOST
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $1.6B | ||
| Q3 25 | $3.2B | $1.6B | ||
| Q2 25 | $3.0B | $1.6B | ||
| Q1 25 | $2.9B | $1.3B | ||
| Q4 24 | $2.9B | $1.3B | ||
| Q3 24 | $3.2B | $1.3B | ||
| Q2 24 | $3.0B | $1.2B |
净利润APDTOST
| Q1 26 | $724.8M | — | ||
| Q4 25 | $678.2M | $101.0M | ||
| Q3 25 | $4.9M | $105.0M | ||
| Q2 25 | $713.8M | $80.0M | ||
| Q1 25 | $-1.7B | $56.0M | ||
| Q4 24 | $617.4M | $32.0M | ||
| Q3 24 | $1.9B | $56.0M | ||
| Q2 24 | $696.6M | $14.0M |
毛利率APDTOST
| Q1 26 | 31.1% | — | ||
| Q4 25 | 32.1% | 25.9% | ||
| Q3 25 | 32.3% | 26.5% | ||
| Q2 25 | 32.5% | 25.3% | ||
| Q1 25 | 29.6% | 25.9% | ||
| Q4 24 | 31.2% | 24.9% | ||
| Q3 24 | 34.0% | 24.7% | ||
| Q2 24 | 32.8% | 23.0% |
营业利润率APDTOST
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | 5.2% | ||
| Q3 25 | 0.5% | 5.1% | ||
| Q2 25 | 26.2% | 5.2% | ||
| Q1 25 | -79.8% | 3.2% | ||
| Q4 24 | 22.0% | 2.5% | ||
| Q3 24 | 76.1% | 2.6% | ||
| Q2 24 | 24.7% | 0.4% |
净利率APDTOST
| Q1 26 | 22.9% | — | ||
| Q4 25 | 21.9% | 6.2% | ||
| Q3 25 | 0.2% | 6.4% | ||
| Q2 25 | 23.6% | 5.2% | ||
| Q1 25 | -59.3% | 4.2% | ||
| Q4 24 | 21.1% | 2.4% | ||
| Q3 24 | 61.2% | 4.3% | ||
| Q2 24 | 23.3% | 1.1% |
每股收益（稀释后）APDTOST
| Q1 26 | $3.19 | — | ||
| Q4 25 | $3.04 | $0.18 | ||
| Q3 25 | $0.03 | $0.16 | ||
| Q2 25 | $3.20 | $0.13 | ||
| Q1 25 | $-7.77 | $0.09 | ||
| Q4 24 | $2.77 | $0.09 | ||
| Q3 24 | $8.75 | $0.07 | ||
| Q2 24 | $3.13 | $0.02 |
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 | $2.1B |
| 总资产 | $41.6M | $3.1B |
| 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APDTOST
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $1.9B | $1.4B | ||
| Q2 25 | $2.3B | $1.2B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $2.0B | $903.0M | ||
| Q3 24 | $3.0B | $761.0M | ||
| Q2 24 | $2.4B | $691.0M |
总债务APDTOST
| Q1 26 | $17.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APDTOST
| Q1 26 | $18.1M | — | ||
| Q4 25 | $15.4B | $2.1B | ||
| Q3 25 | $15.0B | $2.0B | ||
| Q2 25 | $15.5B | $1.8B | ||
| Q1 25 | $14.7B | $1.7B | ||
| Q4 24 | $16.7B | $1.5B | ||
| Q3 24 | $17.0B | $1.4B | ||
| Q2 24 | $15.1B | $1.3B |
总资产APDTOST
| Q1 26 | $41.6M | — | ||
| Q4 25 | $41.2B | $3.1B | ||
| Q3 25 | $41.1B | $3.0B | ||
| Q2 25 | $41.7B | $2.8B | ||
| Q1 25 | $38.9B | $2.6B | ||
| Q4 24 | $40.0B | $2.4B | ||
| Q3 24 | $39.6B | $2.2B | ||
| Q2 24 | $37.0B | $2.2B |
负债/权益比APDTOST
| 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 | — | $194.0M |
| 自由现金流经营现金流 - 资本支出 | — | $178.0M |
| 自由现金流率自由现金流/营收 | — | 10.9% |
| 资本支出强度资本支出/营收 | 56.4% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.92× |
| 过去12个月自由现金流最近4个季度 | — | $608.0M |
8季度趋势，按日历期对齐
经营现金流APDTOST
| Q1 26 | — | — | ||
| Q4 25 | $900.7M | $194.0M | ||
| Q3 25 | — | $165.0M | ||
| Q2 25 | $855.8M | $223.0M | ||
| Q1 25 | $328.1M | $79.0M | ||
| Q4 24 | $811.7M | $147.0M | ||
| Q3 24 | — | $109.0M | ||
| Q2 24 | $1.3B | $124.0M |
自由现金流APDTOST
| Q1 26 | — | — | ||
| Q4 25 | $-350.5M | $178.0M | ||
| Q3 25 | — | $153.0M | ||
| Q2 25 | $-640.0M | $208.0M | ||
| Q1 25 | $-1.6B | $69.0M | ||
| Q4 24 | $-1.3B | $134.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | $-345.2M | $108.0M |
自由现金流率APDTOST
| Q1 26 | — | — | ||
| Q4 25 | -11.3% | 10.9% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | -21.2% | 13.4% | ||
| Q1 25 | -53.6% | 5.2% | ||
| Q4 24 | -44.5% | 10.0% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | -11.6% | 8.7% |
资本支出强度APDTOST
| Q1 26 | 56.4% | — | ||
| Q4 25 | 40.3% | 1.0% | ||
| Q3 25 | 47.9% | 0.7% | ||
| Q2 25 | 49.5% | 1.0% | ||
| Q1 25 | 64.9% | 0.7% | ||
| Q4 24 | 72.2% | 1.0% | ||
| Q3 24 | 65.1% | 0.9% | ||
| Q2 24 | 53.8% | 1.3% |
现金转化率APDTOST
| Q1 26 | — | — | ||
| Q4 25 | 1.33× | 1.92× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | 1.20× | 2.79× | ||
| Q1 25 | — | 1.41× | ||
| Q4 24 | 1.31× | 4.59× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | 1.81× | 8.86× |
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
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
