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American Water Works（AWK）与VinFast Auto Ltd.（VFS）财务数据对比。点击上方公司名可切换其他公司
American Water Works的季度营收约是VinFast Auto Ltd.的1.8倍（$1.3B vs $718.6M），American Water Works净利率更高（18.7% vs -2.8%，领先21.5%）
American Water Works通过旗下子公司在美国境内提供专业供水与污水处理服务，业务覆盖14个州的约1700个社区，服务约340万活跃用户，客户群体涵盖住宅用户、食品饮料供应商、商业地产开发商与运营商、能源供应商等商业客户、消防服务及工业类客户等。
VinFast Auto Ltd.是越南跨国汽车企业，由越南最大私营综合企业集团之一Vingroup创立。Vingroup由越南知名企业家潘日旺创办，业务覆盖地产、零售、医疗、科技等多个领域，是越南本土头部企业集团。
AWK vs VFS — 直观对比
营收规模更大
AWK
是对方的1.8倍
$718.6M
净利率更高
AWK
高出21.5%
-2.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $718.6M |
| 净利润 | $238.0M | $-20.0M |
| 毛利率 | — | — |
| 营业利润率 | 31.9% | -96.1% |
| 净利率 | 18.7% | -2.8% |
| 营收同比 | 5.8% | — |
| 净利润同比 | -0.4% | — |
| 每股收益（稀释后） | $1.22 | — |
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AWKVFS
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.5B | $718.6M | ||
| Q2 25 | $1.3B | $663.0M | ||
| Q1 25 | $1.1B | $656.5M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.3B | $511.6M | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.0B | $302.6M |
净利润AWKVFS
| Q4 25 | $238.0M | — | ||
| Q3 25 | $379.0M | $-20.0M | ||
| Q2 25 | $289.0M | $-51.8M | ||
| Q1 25 | $205.0M | $-26.1M | ||
| Q4 24 | $239.0M | — | ||
| Q3 24 | $350.0M | $-10.4M | ||
| Q2 24 | $277.0M | — | ||
| Q1 24 | $185.0M | $-618.3M |
营业利润率AWKVFS
| Q4 25 | 31.9% | — | ||
| Q3 25 | 42.2% | -96.1% | ||
| Q2 25 | 38.4% | -79.0% | ||
| Q1 25 | 32.7% | -74.0% | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 40.9% | -65.9% | ||
| Q2 24 | 39.4% | — | ||
| Q1 24 | 32.5% | -139.4% |
净利率AWKVFS
| Q4 25 | 18.7% | — | ||
| Q3 25 | 26.1% | -2.8% | ||
| Q2 25 | 22.7% | -7.8% | ||
| Q1 25 | 18.1% | -4.0% | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 26.4% | -2.0% | ||
| Q2 24 | 24.3% | — | ||
| Q1 24 | 18.4% | -204.3% |
每股收益（稀释后）AWKVFS
| Q4 25 | $1.22 | — | ||
| Q3 25 | $1.94 | — | ||
| Q2 25 | $1.48 | — | ||
| Q1 25 | $1.05 | — | ||
| Q4 24 | $1.22 | — | ||
| Q3 24 | $1.80 | — | ||
| Q2 24 | $1.42 | — | ||
| Q1 24 | $0.95 | — |
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 | $98.0M | $8.8M |
| 总债务越低越好 | $12.8B | — |
| 股东权益账面价值 | $10.8B | — |
| 总资产 | $35.4B | $183.2M |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资AWKVFS
| Q4 25 | $98.0M | — | ||
| Q3 25 | $166.0M | $8.8M | ||
| Q2 25 | $94.0M | $650.0M | ||
| Q1 25 | $114.0M | $2.4M | ||
| Q4 24 | $96.0M | — | ||
| Q3 24 | $127.0M | $1.9M | ||
| Q2 24 | $48.0M | — | ||
| Q1 24 | $584.0M | $3.0M |
总债务AWKVFS
| Q4 25 | $12.8B | — | ||
| Q3 25 | $13.0B | — | ||
| Q2 25 | $12.3B | — | ||
| Q1 25 | $13.3B | — | ||
| Q4 24 | $12.5B | — | ||
| Q3 24 | $12.6B | — | ||
| Q2 24 | $12.6B | — | ||
| Q1 24 | $12.6B | — |
股东权益AWKVFS
| Q4 25 | $10.8B | — | ||
| Q3 25 | $10.9B | — | ||
| Q2 25 | $10.7B | $-7.2B | ||
| Q1 25 | $10.5B | — | ||
| Q4 24 | $10.3B | — | ||
| Q3 24 | $10.4B | — | ||
| Q2 24 | $10.2B | — | ||
| Q1 24 | $10.0B | — |
总资产AWKVFS
| Q4 25 | $35.4B | — | ||
| Q3 25 | $34.7B | $183.2M | ||
| Q2 25 | $33.9B | $7.2B | ||
| Q1 25 | $33.2B | $158.2M | ||
| Q4 24 | $32.8B | — | ||
| Q3 24 | $31.8B | $151.8M | ||
| Q2 24 | $31.2B | — | ||
| Q1 24 | $31.1B | $145.6M |
负债/权益比AWKVFS
| Q4 25 | 1.18× | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 1.21× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.26× | — |
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 | $663.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-385.0M | — |
| 自由现金流率自由现金流/营收 | -30.3% | — |
| 资本支出强度资本支出/营收 | 82.5% | — |
| 现金转化率经营现金流/净利润 | 2.79× | — |
| 过去12个月自由现金流最近4个季度 | $-1.1B | — |
8季度趋势，按日历期对齐
经营现金流AWKVFS
| Q4 25 | $663.0M | — | ||
| Q3 25 | $764.0M | — | ||
| Q2 25 | $301.0M | — | ||
| Q1 25 | $331.0M | — | ||
| Q4 24 | $639.0M | — | ||
| Q3 24 | $679.0M | — | ||
| Q2 24 | $345.0M | — | ||
| Q1 24 | $382.0M | — |
自由现金流AWKVFS
| Q4 25 | $-385.0M | — | ||
| Q3 25 | $-33.0M | — | ||
| Q2 25 | $-432.0M | — | ||
| Q1 25 | $-217.0M | — | ||
| Q4 24 | $-255.0M | — | ||
| Q3 24 | $-4.0M | — | ||
| Q2 24 | $-325.0M | — | ||
| Q1 24 | $-227.0M | — |
自由现金流率AWKVFS
| Q4 25 | -30.3% | — | ||
| Q3 25 | -2.3% | — | ||
| Q2 25 | -34.0% | — | ||
| Q1 25 | -19.1% | — | ||
| Q4 24 | -21.2% | — | ||
| Q3 24 | -0.3% | — | ||
| Q2 24 | -28.5% | — | ||
| Q1 24 | -22.6% | — |
资本支出强度AWKVFS
| Q4 25 | 82.5% | — | ||
| Q3 25 | 54.8% | — | ||
| Q2 25 | 57.6% | — | ||
| Q1 25 | 48.3% | — | ||
| Q4 24 | 74.4% | — | ||
| Q3 24 | 51.4% | — | ||
| Q2 24 | 58.8% | — | ||
| Q1 24 | 60.7% | — |
现金转化率AWKVFS
| Q4 25 | 2.79× | — | ||
| Q3 25 | 2.02× | — | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | 1.61× | — | ||
| Q4 24 | 2.67× | — | ||
| Q3 24 | 1.94× | — | ||
| Q2 24 | 1.25× | — | ||
| Q1 24 | 2.06× | — |
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
AWK
| Water Services | $1.0B | 81% |
| Other | $127.0M | 10% |
| Wastewater Services | $101.0M | 8% |
| Miscellaneous Utility Charge | $11.0M | 1% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
