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Atmus Filtration Technologies Inc.（ATMU）与Worthington Steel, Inc.（WS）财务数据对比。点击上方公司名可切换其他公司
Worthington Steel, Inc.的季度营收约是Atmus Filtration Technologies Inc.的2.0倍（$871.9M vs $446.6M），Atmus Filtration Technologies Inc.净利率更高（10.7% vs 2.2%，领先8.6%），Worthington Steel, Inc.同比增速更快（18.0% vs 9.8%），Worthington Steel, Inc.自由现金流更多（$74.6M vs $31.2M），过去两年Worthington Steel, Inc.的营收复合增速更高（3.9% vs 2.3%）
Atmus过滤技术公司是一家专业过滤解决方案提供商，研发、生产和销售空气、燃油、机油、液压等多场景过滤系统，服务全球汽车、重型车辆、工业设备、航空航天领域的原厂配套及售后替换市场。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
ATMU vs WS — 直观对比
营收规模更大
WS
是对方的2.0倍
$446.6M
营收增速更快
WS
高出8.2%
9.8%
净利率更高
ATMU
高出8.6%
2.2%
自由现金流更多
WS
多$43.4M
$31.2M
两年增速更快
WS
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $446.6M | $871.9M |
| 净利润 | $48.0M | $18.8M |
| 毛利率 | 28.5% | 10.7% |
| 营业利润率 | 15.8% | 2.5% |
| 净利率 | 10.7% | 2.2% |
| 营收同比 | 9.8% | 18.0% |
| 净利润同比 | 19.7% | 46.9% |
| 每股收益（稀释后） | $0.58 | $0.37 |
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ATMUWS
| Q4 25 | $446.6M | $871.9M | ||
| Q3 25 | $447.7M | $872.9M | ||
| Q2 25 | $453.5M | $832.9M | ||
| Q1 25 | $416.5M | $687.4M | ||
| Q4 24 | $406.7M | $739.0M | ||
| Q3 24 | $403.7M | $834.0M | ||
| Q2 24 | $432.6M | — | ||
| Q1 24 | $426.6M | $805.8M |
净利润ATMUWS
| Q4 25 | $48.0M | $18.8M | ||
| Q3 25 | $54.8M | $36.8M | ||
| Q2 25 | $59.9M | $55.7M | ||
| Q1 25 | $44.7M | $13.8M | ||
| Q4 24 | $40.1M | $12.8M | ||
| Q3 24 | $43.8M | $28.4M | ||
| Q2 24 | $56.2M | — | ||
| Q1 24 | $45.5M | $49.0M |
毛利率ATMUWS
| Q4 25 | 28.5% | 10.7% | ||
| Q3 25 | 28.9% | 13.2% | ||
| Q2 25 | 28.9% | 15.2% | ||
| Q1 25 | 26.5% | 11.8% | ||
| Q4 24 | 26.3% | 10.8% | ||
| Q3 24 | 27.6% | 12.0% | ||
| Q2 24 | 30.5% | — | ||
| Q1 24 | 26.2% | 14.9% |
营业利润率ATMUWS
| Q4 25 | 15.8% | 2.5% | ||
| Q3 25 | 18.3% | 5.5% | ||
| Q2 25 | 18.0% | 8.0% | ||
| Q1 25 | 15.6% | 2.7% | ||
| Q4 24 | 13.4% | 2.6% | ||
| Q3 24 | 15.7% | 5.2% | ||
| Q2 24 | 18.4% | — | ||
| Q1 24 | 16.1% | 8.2% |
净利率ATMUWS
| Q4 25 | 10.7% | 2.2% | ||
| Q3 25 | 12.2% | 4.2% | ||
| Q2 25 | 13.2% | 6.7% | ||
| Q1 25 | 10.7% | 2.0% | ||
| Q4 24 | 9.9% | 1.7% | ||
| Q3 24 | 10.8% | 3.4% | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 10.7% | 6.1% |
每股收益（稀释后）ATMUWS
| Q4 25 | $0.58 | $0.37 | ||
| Q3 25 | $0.66 | $0.72 | ||
| Q2 25 | $0.72 | $1.11 | ||
| Q1 25 | $0.54 | $0.27 | ||
| Q4 24 | $0.49 | $0.25 | ||
| Q3 24 | $0.52 | $0.56 | ||
| Q2 24 | $0.67 | — | ||
| Q1 24 | $0.54 | $0.98 |
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 | $236.4M | $89.8M |
| 总债务越低越好 | $570.0M | $72.1M |
| 股东权益账面价值 | $378.5M | $1.1B |
| 总资产 | $1.4B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.51× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资ATMUWS
| Q4 25 | $236.4M | $89.8M | ||
| Q3 25 | $218.3M | $78.3M | ||
| Q2 25 | $190.8M | $38.0M | ||
| Q1 25 | $183.3M | $63.3M | ||
| Q4 24 | $184.3M | $52.0M | ||
| Q3 24 | $196.8M | $36.0M | ||
| Q2 24 | $160.5M | — | ||
| Q1 24 | $149.2M | $60.8M |
总债务ATMUWS
| Q4 25 | $570.0M | $72.1M | ||
| Q3 25 | $577.5M | $73.4M | ||
| Q2 25 | $585.0M | $151.5M | ||
| Q1 25 | $588.8M | — | ||
| Q4 24 | $592.5M | $115.0M | ||
| Q3 24 | $596.2M | $122.2M | ||
| Q2 24 | $600.0M | — | ||
| Q1 24 | $600.0M | $147.2M |
股东权益ATMUWS
| Q4 25 | $378.5M | $1.1B | ||
| Q3 25 | $336.7M | $1.1B | ||
| Q2 25 | $316.3M | $1.1B | ||
| Q1 25 | $265.3M | $1.0B | ||
| Q4 24 | $227.4M | $1.0B | ||
| Q3 24 | $221.2M | $1.0B | ||
| Q2 24 | $178.1M | — | ||
| Q1 24 | $121.8M | $937.6M |
总资产ATMUWS
| Q4 25 | $1.4B | $2.1B | ||
| Q3 25 | $1.3B | $2.2B | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.1B | $1.8B |
负债/权益比ATMUWS
| Q4 25 | 1.51× | 0.06× | ||
| Q3 25 | 1.72× | 0.07× | ||
| Q2 25 | 1.85× | 0.14× | ||
| Q1 25 | 2.22× | — | ||
| Q4 24 | 2.61× | 0.11× | ||
| Q3 24 | 2.70× | 0.12× | ||
| Q2 24 | 3.37× | — | ||
| Q1 24 | 4.93× | 0.16× |
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 | $47.5M | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $31.2M | $74.6M |
| 自由现金流率自由现金流/营收 | 7.0% | 8.6% |
| 资本支出强度资本支出/营收 | 3.6% | 2.8% |
| 现金转化率经营现金流/净利润 | 0.99× | 5.28× |
| 过去12个月自由现金流最近4个季度 | $148.8M | $72.5M |
8季度趋势，按日历期对齐
经营现金流ATMUWS
| Q4 25 | $47.5M | $99.3M | ||
| Q3 25 | $82.1M | $-6.3M | ||
| Q2 25 | $44.4M | $53.9M | ||
| Q1 25 | $28.7M | $53.8M | ||
| Q4 24 | $20.0M | $68.0M | ||
| Q3 24 | $70.7M | $54.6M | ||
| Q2 24 | $22.9M | — | ||
| Q1 24 | $-8.2M | $44.7M |
自由现金流ATMUWS
| Q4 25 | $31.2M | $74.6M | ||
| Q3 25 | $68.9M | $-35.7M | ||
| Q2 25 | $32.4M | $8.4M | ||
| Q1 25 | $16.3M | $25.2M | ||
| Q4 24 | $10.0M | $33.2M | ||
| Q3 24 | $54.3M | $33.1M | ||
| Q2 24 | $11.3M | — | ||
| Q1 24 | $-18.8M | $22.3M |
自由现金流率ATMUWS
| Q4 25 | 7.0% | 8.6% | ||
| Q3 25 | 15.4% | -4.1% | ||
| Q2 25 | 7.1% | 1.0% | ||
| Q1 25 | 3.9% | 3.7% | ||
| Q4 24 | 2.5% | 4.5% | ||
| Q3 24 | 13.5% | 4.0% | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | -4.4% | 2.8% |
资本支出强度ATMUWS
| Q4 25 | 3.6% | 2.8% | ||
| Q3 25 | 2.9% | 3.4% | ||
| Q2 25 | 2.6% | 5.5% | ||
| Q1 25 | 3.0% | 4.2% | ||
| Q4 24 | 2.5% | 4.7% | ||
| Q3 24 | 4.1% | 2.6% | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 2.5% | 2.8% |
现金转化率ATMUWS
| Q4 25 | 0.99× | 5.28× | ||
| Q3 25 | 1.50× | -0.17× | ||
| Q2 25 | 0.74× | 0.97× | ||
| Q1 25 | 0.64× | 3.90× | ||
| Q4 24 | 0.50× | 5.31× | ||
| Q3 24 | 1.61× | 1.92× | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | -0.18× | 0.91× |
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
ATMU
| Fuel Products | $219.1M | 49% |
| Lube | $84.8M | 19% |
| Air | $74.0M | 17% |
| Other | $68.7M | 15% |
| Related Party | $14.9M | 3% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
