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APi Group Corp（APG）与科迪华（CTVA）财务数据对比。点击上方公司名可切换其他公司
科迪华的季度营收约是APi Group Corp的1.8倍（$3.9B vs $2.1B），APi Group Corp净利率更高（4.6% vs -14.1%，领先18.7%），APi Group Corp同比增速更快（13.8% vs -1.7%），科迪华自由现金流更多（$4.2B vs $356.0M），过去两年APi Group Corp的营收复合增速更高（15.0% vs -6.7%）
xAI是埃隆·马斯克2023年创立的美国科技企业，为航天企业SpaceX的全资子公司，业务覆盖人工智能、社交媒体领域，核心产品包括生成式AI聊天机器人Grok，以及2025年3月收购的社交媒体平台X。
科迪华是一家美国农业科技企业，主营种子与作物保护产品，涵盖除草剂、杀虫剂、杀菌剂及生物制剂，业务覆盖全球110个国家，总部位于印第安纳州印第安纳波利斯，旗下大部分种子产品以先锋良种国际品牌销售。
APG vs CTVA — 直观对比
营收规模更大
CTVA
是对方的1.8倍
$2.1B
营收增速更快
APG
高出15.5%
-1.7%
净利率更高
APG
高出18.7%
-14.1%
自由现金流更多
CTVA
多$3.8B
$356.0M
两年增速更快
APG
近两年复合增速
-6.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.9B |
| 净利润 | $97.0M | $-552.0M |
| 毛利率 | 32.0% | 42.4% |
| 营业利润率 | 7.7% | -13.6% |
| 净利率 | 4.6% | -14.1% |
| 营收同比 | 13.8% | -1.7% |
| 净利润同比 | 44.8% | -1246.3% |
| 每股收益（稀释后） | $-1.16 | $-0.80 |
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APGCTVA
| Q4 25 | $2.1B | $3.9B | ||
| Q3 25 | $2.1B | $2.6B | ||
| Q2 25 | $2.0B | $6.5B | ||
| Q1 25 | $1.7B | $4.4B | ||
| Q4 24 | $1.9B | $4.0B | ||
| Q3 24 | $1.8B | $2.3B | ||
| Q2 24 | $1.7B | $6.1B | ||
| Q1 24 | $1.6B | $4.5B |
净利润APGCTVA
| Q4 25 | $97.0M | $-552.0M | ||
| Q3 25 | $93.0M | $-320.0M | ||
| Q2 25 | $77.0M | $1.3B | ||
| Q1 25 | $35.0M | $652.0M | ||
| Q4 24 | $67.0M | $-41.0M | ||
| Q3 24 | $69.0M | $-524.0M | ||
| Q2 24 | $69.0M | $1.1B | ||
| Q1 24 | $45.0M | $419.0M |
毛利率APGCTVA
| Q4 25 | 32.0% | 42.4% | ||
| Q3 25 | 31.3% | 37.2% | ||
| Q2 25 | 30.9% | 54.6% | ||
| Q1 25 | 31.5% | 47.0% | ||
| Q4 24 | 30.9% | 37.3% | ||
| Q3 24 | 31.1% | 32.7% | ||
| Q2 24 | 31.4% | 52.3% | ||
| Q1 24 | 30.7% | 43.2% |
营业利润率APGCTVA
| Q4 25 | 7.7% | -13.6% | ||
| Q3 25 | 7.8% | -14.1% | ||
| Q2 25 | 7.2% | 27.9% | ||
| Q1 25 | 4.9% | 17.7% | ||
| Q4 24 | 6.2% | 2.2% | ||
| Q3 24 | 7.8% | -27.2% | ||
| Q2 24 | 7.3% | 21.9% | ||
| Q1 24 | 6.2% | 10.7% |
净利率APGCTVA
| Q4 25 | 4.6% | -14.1% | ||
| Q3 25 | 4.5% | -12.2% | ||
| Q2 25 | 3.9% | 20.4% | ||
| Q1 25 | 2.0% | 14.8% | ||
| Q4 24 | 3.6% | -1.0% | ||
| Q3 24 | 3.8% | -22.5% | ||
| Q2 24 | 4.0% | 17.2% | ||
| Q1 24 | 2.8% | 9.3% |
每股收益（稀释后）APGCTVA
| Q4 25 | $-1.16 | $-0.80 | ||
| Q3 25 | $0.20 | $-0.47 | ||
| Q2 25 | $0.16 | $1.92 | ||
| Q1 25 | $0.11 | $0.95 | ||
| Q4 24 | $0.05 | $-0.05 | ||
| Q3 24 | $0.23 | $-0.76 | ||
| Q2 24 | $0.22 | $1.51 | ||
| Q1 24 | $-1.34 | $0.60 |
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 | $912.0M | $4.5B |
| 总债务越低越好 | $2.8B | $1.7B |
| 股东权益账面价值 | $3.4B | $24.1B |
| 总资产 | $8.9B | $42.8B |
| 负债/权益比越低杠杆越低 | 0.81× | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资APGCTVA
| Q4 25 | $912.0M | $4.5B | ||
| Q3 25 | $555.0M | $2.6B | ||
| Q2 25 | $432.0M | $2.1B | ||
| Q1 25 | $460.0M | $2.0B | ||
| Q4 24 | $499.0M | $3.2B | ||
| Q3 24 | $487.0M | $2.5B | ||
| Q2 24 | $324.0M | $2.0B | ||
| Q1 24 | $247.0M | $1.7B |
总债务APGCTVA
| Q4 25 | $2.8B | $1.7B | ||
| Q3 25 | $2.8B | $1.7B | ||
| Q2 25 | $2.8B | $1.7B | ||
| Q1 25 | $2.8B | $1.8B | ||
| Q4 24 | $2.8B | $2.0B | ||
| Q3 24 | $2.9B | $2.0B | ||
| Q2 24 | $2.8B | $2.5B | ||
| Q1 24 | $2.7B | $2.5B |
股东权益APGCTVA
| Q4 25 | $3.4B | $24.1B | ||
| Q3 25 | $3.3B | $25.2B | ||
| Q2 25 | $3.2B | $25.9B | ||
| Q1 25 | $3.0B | $24.3B | ||
| Q4 24 | $3.0B | $23.8B | ||
| Q3 24 | $3.0B | $24.7B | ||
| Q2 24 | $2.8B | $25.2B | ||
| Q1 24 | $2.3B | $24.8B |
总资产APGCTVA
| Q4 25 | $8.9B | $42.8B | ||
| Q3 25 | $8.7B | $42.2B | ||
| Q2 25 | $8.5B | $41.8B | ||
| Q1 25 | $8.1B | $42.1B | ||
| Q4 24 | $8.2B | $40.8B | ||
| Q3 24 | $8.2B | $41.9B | ||
| Q2 24 | $8.0B | $41.5B | ||
| Q1 24 | $7.2B | $43.6B |
负债/权益比APGCTVA
| Q4 25 | 0.81× | 0.07× | ||
| Q3 25 | 0.84× | 0.07× | ||
| Q2 25 | 0.87× | 0.07× | ||
| Q1 25 | 0.92× | 0.07× | ||
| Q4 24 | 0.93× | 0.08× | ||
| Q3 24 | 0.96× | 0.08× | ||
| Q2 24 | 1.00× | 0.10× | ||
| Q1 24 | 1.19× | 0.10× |
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 | $382.0M | $4.4B |
| 自由现金流经营现金流 - 资本支出 | $356.0M | $4.2B |
| 自由现金流率自由现金流/营收 | 16.8% | 106.2% |
| 资本支出强度资本支出/营收 | 1.2% | 5.7% |
| 现金转化率经营现金流/净利润 | 3.94× | — |
| 过去12个月自由现金流最近4个季度 | $663.0M | $2.8B |
8季度趋势，按日历期对齐
经营现金流APGCTVA
| Q4 25 | $382.0M | $4.4B | ||
| Q3 25 | $232.0M | $193.0M | ||
| Q2 25 | $83.0M | $947.0M | ||
| Q1 25 | $62.0M | $-2.1B | ||
| Q4 24 | $283.0M | $4.2B | ||
| Q3 24 | $220.0M | $130.0M | ||
| Q2 24 | $110.0M | $451.0M | ||
| Q1 24 | $7.0M | $-2.6B |
自由现金流APGCTVA
| Q4 25 | $356.0M | $4.2B | ||
| Q3 25 | $201.0M | $36.0M | ||
| Q2 25 | $56.0M | $829.0M | ||
| Q1 25 | $50.0M | $-2.2B | ||
| Q4 24 | $265.0M | $4.0B | ||
| Q3 24 | $198.0M | $-24.0M | ||
| Q2 24 | $88.0M | $337.0M | ||
| Q1 24 | $-15.0M | $-2.8B |
自由现金流率APGCTVA
| Q4 25 | 16.8% | 106.2% | ||
| Q3 25 | 9.6% | 1.4% | ||
| Q2 25 | 2.8% | 12.8% | ||
| Q1 25 | 2.9% | -49.9% | ||
| Q4 24 | 14.2% | 100.4% | ||
| Q3 24 | 10.8% | -1.0% | ||
| Q2 24 | 5.1% | 5.5% | ||
| Q1 24 | -0.9% | -61.4% |
资本支出强度APGCTVA
| Q4 25 | 1.2% | 5.7% | ||
| Q3 25 | 1.5% | 6.0% | ||
| Q2 25 | 1.4% | 1.8% | ||
| Q1 25 | 0.7% | 2.1% | ||
| Q4 24 | 1.0% | 4.6% | ||
| Q3 24 | 1.2% | 6.6% | ||
| Q2 24 | 1.3% | 1.9% | ||
| Q1 24 | 1.4% | 3.3% |
现金转化率APGCTVA
| Q4 25 | 3.94× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 1.08× | 0.72× | ||
| Q1 25 | 1.77× | -3.23× | ||
| Q4 24 | 4.22× | — | ||
| Q3 24 | 3.19× | — | ||
| Q2 24 | 1.59× | 0.43× | ||
| Q1 24 | 0.16× | -6.23× |
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
APG
暂无分部数据
CTVA
| Corn | $1.4B | 35% |
| Herbicides | $1.1B | 27% |
| Insecticides | $488.0M | 12% |
| Fungicides | $272.0M | 7% |
| Biologicals | $191.0M | 5% |
| Soybean | $164.0M | 4% |
| Other | $160.0M | 4% |
| Otheroilseeds | $94.0M | 2% |
