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艾仕得（AXTA）与COMFORT SYSTEMS USA INC（FIX）财务数据对比。点击上方公司名可切换其他公司
COMFORT SYSTEMS USA INC的季度营收约是艾仕得的2.1倍（$2.6B vs $1.3B），COMFORT SYSTEMS USA INC净利率更高（12.5% vs 4.8%，领先7.7%），COMFORT SYSTEMS USA INC同比增速更快（41.7% vs -3.7%），COMFORT SYSTEMS USA INC自由现金流更多（$402.4M vs $286.0M），过去两年COMFORT SYSTEMS USA INC的营收复合增速更高（31.2% vs -1.2%）
艾仕得是源自美国的专业涂料供应商，总部位于宾夕法尼亚州费城，注册地为百慕大。公司主营乘用车、商用车、工业场景及修补用途涂料的研发与生产，业务覆盖全球130个国家，拥有近1.3万名员工，服务超10万家客户。
Comfort Systems USA Inc.是一家美国企业，主营机电工程承包服务，核心业务覆盖暖通空调、给排水、管道工程、控制系统、场外预制建造、监测服务、消防系统，以及电气系统的安装与运维，为各类客户提供一体化机电设施解决方案。
AXTA vs FIX — 直观对比
营收规模更大
FIX
是对方的2.1倍
$1.3B
营收增速更快
FIX
高出45.4%
-3.7%
净利率更高
FIX
高出7.7%
4.8%
自由现金流更多
FIX
多$116.5M
$286.0M
两年增速更快
FIX
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.6B |
| 净利润 | $60.0M | $330.8M |
| 毛利率 | 33.4% | 25.5% |
| 营业利润率 | 12.8% | 16.1% |
| 净利率 | 4.8% | 12.5% |
| 营收同比 | -3.7% | 41.7% |
| 净利润同比 | -56.2% | 126.8% |
| 每股收益（稀释后） | $0.28 | $9.35 |
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AXTAFIX
| Q4 25 | $1.3B | $2.6B | ||
| Q3 25 | $1.3B | $2.5B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.4B | $1.8B | ||
| Q1 24 | $1.3B | $1.5B |
净利润AXTAFIX
| Q4 25 | $60.0M | $330.8M | ||
| Q3 25 | $110.0M | $291.6M | ||
| Q2 25 | $109.0M | $230.8M | ||
| Q1 25 | $99.0M | $169.3M | ||
| Q4 24 | $137.0M | $145.9M | ||
| Q3 24 | $101.0M | $146.2M | ||
| Q2 24 | $112.0M | $134.0M | ||
| Q1 24 | $41.0M | $96.3M |
毛利率AXTAFIX
| Q4 25 | 33.4% | 25.5% | ||
| Q3 25 | 34.9% | 24.8% | ||
| Q2 25 | 35.0% | 23.5% | ||
| Q1 25 | 34.3% | 22.0% | ||
| Q4 24 | 34.1% | 23.2% | ||
| Q3 24 | 35.0% | 21.1% | ||
| Q2 24 | 34.0% | 20.1% | ||
| Q1 24 | 33.2% | 19.3% |
营业利润率AXTAFIX
| Q4 25 | 12.8% | 16.1% | ||
| Q3 25 | 15.8% | 15.5% | ||
| Q2 25 | 14.8% | 13.8% | ||
| Q1 25 | 13.9% | 11.4% | ||
| Q4 24 | 14.3% | 12.1% | ||
| Q3 24 | 14.6% | 11.2% | ||
| Q2 24 | 15.2% | 10.2% | ||
| Q1 24 | 9.4% | 8.8% |
净利率AXTAFIX
| Q4 25 | 4.8% | 12.5% | ||
| Q3 25 | 8.5% | 11.9% | ||
| Q2 25 | 8.4% | 10.6% | ||
| Q1 25 | 7.8% | 9.2% | ||
| Q4 24 | 10.5% | 7.8% | ||
| Q3 24 | 7.7% | 8.1% | ||
| Q2 24 | 8.3% | 7.4% | ||
| Q1 24 | 3.2% | 6.3% |
每股收益（稀释后）AXTAFIX
| Q4 25 | $0.28 | $9.35 | ||
| Q3 25 | $0.51 | $8.25 | ||
| Q2 25 | $0.50 | $6.53 | ||
| Q1 25 | $0.45 | $4.75 | ||
| Q4 24 | $0.63 | $4.08 | ||
| Q3 24 | $0.46 | $4.09 | ||
| Q2 24 | $0.51 | $3.74 | ||
| Q1 24 | $0.18 | $2.69 |
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 | $657.0M | $981.9M |
| 总债务越低越好 | $3.2B | $145.2M |
| 股东权益账面价值 | $2.3B | $2.4B |
| 总资产 | $7.6B | $6.4B |
| 负债/权益比越低杠杆越低 | 1.36× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资AXTAFIX
| Q4 25 | $657.0M | $981.9M | ||
| Q3 25 | $606.0M | $860.5M | ||
| Q2 25 | $625.0M | $331.7M | ||
| Q1 25 | $575.0M | $204.8M | ||
| Q4 24 | $593.0M | $549.9M | ||
| Q3 24 | $567.0M | $415.6M | ||
| Q2 24 | $840.0M | $199.4M | ||
| Q1 24 | $624.0M | $100.8M |
总债务AXTAFIX
| Q4 25 | $3.2B | $145.2M | ||
| Q3 25 | $3.4B | $136.0M | ||
| Q2 25 | $3.4B | $73.0M | ||
| Q1 25 | $3.4B | $67.8M | ||
| Q4 24 | $3.4B | $68.3M | ||
| Q3 24 | $3.5B | $62.3M | ||
| Q2 24 | $3.6B | $73.4M | ||
| Q1 24 | $3.4B | $77.0M |
股东权益AXTAFIX
| Q4 25 | $2.3B | $2.4B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.3B | $2.0B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $1.9B | $1.7B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $1.8B | $1.5B | ||
| Q1 24 | $1.7B | $1.4B |
总资产AXTAFIX
| Q4 25 | $7.6B | $6.4B | ||
| Q3 25 | $7.8B | $5.8B | ||
| Q2 25 | $7.8B | $5.1B | ||
| Q1 25 | $7.4B | $4.6B | ||
| Q4 24 | $7.2B | $4.7B | ||
| Q3 24 | $7.5B | $4.4B | ||
| Q2 24 | $7.3B | $4.2B | ||
| Q1 24 | $7.1B | $3.9B |
负债/权益比AXTAFIX
| Q4 25 | 1.36× | 0.06× | ||
| Q3 25 | 1.48× | 0.06× | ||
| Q2 25 | 1.50× | 0.04× | ||
| Q1 25 | 1.64× | 0.04× | ||
| Q4 24 | 1.78× | 0.04× | ||
| Q3 24 | 1.84× | 0.04× | ||
| Q2 24 | 2.02× | 0.05× | ||
| Q1 24 | 1.97× | 0.06× |
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 | $344.0M | $468.5M |
| 自由现金流经营现金流 - 资本支出 | $286.0M | $402.4M |
| 自由现金流率自由现金流/营收 | 22.7% | 15.2% |
| 资本支出强度资本支出/营收 | 4.6% | 2.5% |
| 现金转化率经营现金流/净利润 | 5.73× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $453.0M | $1.0B |
8季度趋势，按日历期对齐
经营现金流AXTAFIX
| Q4 25 | $344.0M | $468.5M | ||
| Q3 25 | $137.0M | $553.3M | ||
| Q2 25 | $142.0M | $252.5M | ||
| Q1 25 | $26.0M | $-88.0M | ||
| Q4 24 | $234.0M | $210.5M | ||
| Q3 24 | $194.0M | $302.2M | ||
| Q2 24 | $114.0M | $189.9M | ||
| Q1 24 | $34.0M | $146.6M |
自由现金流AXTAFIX
| Q4 25 | $286.0M | $402.4M | ||
| Q3 25 | $87.0M | $517.9M | ||
| Q2 25 | $97.0M | $221.2M | ||
| Q1 25 | $-17.0M | $-110.2M | ||
| Q4 24 | $172.0M | $169.8M | ||
| Q3 24 | $161.0M | $280.1M | ||
| Q2 24 | $91.0M | $166.5M | ||
| Q1 24 | $12.0M | $121.6M |
自由现金流率AXTAFIX
| Q4 25 | 22.7% | 15.2% | ||
| Q3 25 | 6.8% | 21.1% | ||
| Q2 25 | 7.4% | 10.2% | ||
| Q1 25 | -1.3% | -6.0% | ||
| Q4 24 | 13.1% | 9.1% | ||
| Q3 24 | 12.2% | 15.5% | ||
| Q2 24 | 6.7% | 9.2% | ||
| Q1 24 | 0.9% | 7.9% |
资本支出强度AXTAFIX
| Q4 25 | 4.6% | 2.5% | ||
| Q3 25 | 3.9% | 1.4% | ||
| Q2 25 | 3.4% | 1.4% | ||
| Q1 25 | 3.4% | 1.2% | ||
| Q4 24 | 4.7% | 2.2% | ||
| Q3 24 | 2.5% | 1.2% | ||
| Q2 24 | 1.7% | 1.3% | ||
| Q1 24 | 1.7% | 1.6% |
现金转化率AXTAFIX
| Q4 25 | 5.73× | 1.42× | ||
| Q3 25 | 1.25× | 1.90× | ||
| Q2 25 | 1.30× | 1.09× | ||
| Q1 25 | 0.26× | -0.52× | ||
| Q4 24 | 1.71× | 1.44× | ||
| Q3 24 | 1.92× | 2.07× | ||
| Q2 24 | 1.02× | 1.42× | ||
| Q1 24 | 0.83× | 1.52× |
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
AXTA
| Refinish | $509.0M | 40% |
| Light Vehicle | $372.0M | 29% |
| Industrial | $282.0M | 22% |
| Commercial Vehicle | $99.0M | 8% |
FIX
| Electrical Segment | $823.7M | 31% |
| Manufacturing Customer | $542.7M | 21% |
| Existing Building Construction | $491.4M | 19% |
| Healthcare Sector Customer | $220.8M | 8% |
| Service Projects | $153.0M | 6% |
| Education | $137.5M | 5% |
| Government Customer | $131.0M | 5% |
| Office Building Customer | $88.2M | 3% |
| Other Customer | $40.7M | 2% |
| Multi Family And Residential | $33.7M | 1% |
