vs
艾仕得（AXTA）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
艾仕得的季度营收约是IES Holdings, Inc.的1.4倍（$1.3B vs $871.0M），IES Holdings, Inc.净利率更高（10.5% vs 4.8%，领先5.8%），IES Holdings, Inc.同比增速更快（16.2% vs -3.7%），艾仕得自由现金流更多（$286.0M vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% 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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
AXTA vs IESC — 直观对比
营收规模更大
AXTA
是对方的1.4倍
$871.0M
营收增速更快
IESC
高出19.9%
-3.7%
净利率更高
IESC
高出5.8%
4.8%
自由现金流更多
AXTA
多$304.9M
$-18.9M
两年增速更快
IESC
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $871.0M |
| 净利润 | $60.0M | $91.8M |
| 毛利率 | 33.4% | 25.3% |
| 营业利润率 | 12.8% | 11.2% |
| 净利率 | 4.8% | 10.5% |
| 营收同比 | -3.7% | 16.2% |
| 净利润同比 | -56.2% | 59.1% |
| 每股收益（稀释后） | $0.28 | $4.51 |
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AXTAIESC
| Q4 25 | $1.3B | $871.0M | ||
| Q3 25 | $1.3B | $897.8M | ||
| Q2 25 | $1.3B | $890.2M | ||
| Q1 25 | $1.3B | $834.0M | ||
| Q4 24 | $1.3B | $749.5M | ||
| Q3 24 | $1.3B | $775.8M | ||
| Q2 24 | $1.4B | $768.4M | ||
| Q1 24 | $1.3B | $705.7M |
净利润AXTAIESC
| Q4 25 | $60.0M | $91.8M | ||
| Q3 25 | $110.0M | $102.3M | ||
| Q2 25 | $109.0M | $79.3M | ||
| Q1 25 | $99.0M | $72.6M | ||
| Q4 24 | $137.0M | $57.7M | ||
| Q3 24 | $101.0M | $65.5M | ||
| Q2 24 | $112.0M | $66.6M | ||
| Q1 24 | $41.0M | $56.8M |
毛利率AXTAIESC
| Q4 25 | 33.4% | 25.3% | ||
| Q3 25 | 34.9% | 26.0% | ||
| Q2 25 | 35.0% | 26.9% | ||
| Q1 25 | 34.3% | 25.0% | ||
| Q4 24 | 34.1% | 23.8% | ||
| Q3 24 | 35.0% | 24.0% | ||
| Q2 24 | 34.0% | 25.3% | ||
| Q1 24 | 33.2% | 24.3% |
营业利润率AXTAIESC
| Q4 25 | 12.8% | 11.2% | ||
| Q3 25 | 15.8% | 11.6% | ||
| Q2 25 | 14.8% | 12.6% | ||
| Q1 25 | 13.9% | 11.1% | ||
| Q4 24 | 14.3% | 10.0% | ||
| Q3 24 | 14.6% | 9.7% | ||
| Q2 24 | 15.2% | 11.7% | ||
| Q1 24 | 9.4% | 11.0% |
净利率AXTAIESC
| Q4 25 | 4.8% | 10.5% | ||
| Q3 25 | 8.5% | 11.4% | ||
| Q2 25 | 8.4% | 8.9% | ||
| Q1 25 | 7.8% | 8.7% | ||
| Q4 24 | 10.5% | 7.7% | ||
| Q3 24 | 7.7% | 8.4% | ||
| Q2 24 | 8.3% | 8.7% | ||
| Q1 24 | 3.2% | 8.0% |
每股收益（稀释后）AXTAIESC
| Q4 25 | $0.28 | $4.51 | ||
| Q3 25 | $0.51 | $4.99 | ||
| Q2 25 | $0.50 | $3.81 | ||
| Q1 25 | $0.45 | $3.50 | ||
| Q4 24 | $0.63 | $2.72 | ||
| Q3 24 | $0.46 | $3.06 | ||
| Q2 24 | $0.51 | $2.67 | ||
| Q1 24 | $0.18 | $2.29 |
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 | $258.7M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.3B | $961.1M |
| 总资产 | $7.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.36× | — |
8季度趋势，按日历期对齐
现金及短期投资AXTAIESC
| Q4 25 | $657.0M | $258.7M | ||
| Q3 25 | $606.0M | $231.8M | ||
| Q2 25 | $625.0M | $168.3M | ||
| Q1 25 | $575.0M | $88.3M | ||
| Q4 24 | $593.0M | $112.0M | ||
| Q3 24 | $567.0M | $135.8M | ||
| Q2 24 | $840.0M | $44.9M | ||
| Q1 24 | $624.0M | $106.0M |
总债务AXTAIESC
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.6B | — | ||
| Q1 24 | $3.4B | — |
股东权益AXTAIESC
| Q4 25 | $2.3B | $961.1M | ||
| Q3 25 | $2.3B | $884.0M | ||
| Q2 25 | $2.3B | $781.4M | ||
| Q1 25 | $2.1B | $705.8M | ||
| Q4 24 | $1.9B | $652.4M | ||
| Q3 24 | $1.9B | $611.1M | ||
| Q2 24 | $1.8B | $567.5M | ||
| Q1 24 | $1.7B | $534.8M |
总资产AXTAIESC
| Q4 25 | $7.6B | $1.7B | ||
| Q3 25 | $7.8B | $1.6B | ||
| Q2 25 | $7.8B | $1.5B | ||
| Q1 25 | $7.4B | $1.4B | ||
| Q4 24 | $7.2B | $1.3B | ||
| Q3 24 | $7.5B | $1.2B | ||
| Q2 24 | $7.3B | $1.2B | ||
| Q1 24 | $7.1B | $1.1B |
负债/权益比AXTAIESC
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.48× | — | ||
| Q2 25 | 1.50× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.78× | — | ||
| Q3 24 | 1.84× | — | ||
| Q2 24 | 2.02× | — | ||
| Q1 24 | 1.97× | — |
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 | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $286.0M | $-18.9M |
| 自由现金流率自由现金流/营收 | 22.7% | -2.2% |
| 资本支出强度资本支出/营收 | 4.6% | 5.3% |
| 现金转化率经营现金流/净利润 | 5.73× | 0.30× |
| 过去12个月自由现金流最近4个季度 | $453.0M | $175.9M |
8季度趋势，按日历期对齐
经营现金流AXTAIESC
| Q4 25 | $344.0M | $27.7M | ||
| Q3 25 | $137.0M | $132.0M | ||
| Q2 25 | $142.0M | $92.0M | ||
| Q1 25 | $26.0M | $24.8M | ||
| Q4 24 | $234.0M | $37.3M | ||
| Q3 24 | $194.0M | $92.8M | ||
| Q2 24 | $114.0M | $82.9M | ||
| Q1 24 | $34.0M | $33.7M |
自由现金流AXTAIESC
| Q4 25 | $286.0M | $-18.9M | ||
| Q3 25 | $87.0M | $112.0M | ||
| Q2 25 | $97.0M | $74.8M | ||
| Q1 25 | $-17.0M | $7.9M | ||
| Q4 24 | $172.0M | $24.1M | ||
| Q3 24 | $161.0M | $78.5M | ||
| Q2 24 | $91.0M | $65.4M | ||
| Q1 24 | $12.0M | $26.9M |
自由现金流率AXTAIESC
| Q4 25 | 22.7% | -2.2% | ||
| Q3 25 | 6.8% | 12.5% | ||
| Q2 25 | 7.4% | 8.4% | ||
| Q1 25 | -1.3% | 0.9% | ||
| Q4 24 | 13.1% | 3.2% | ||
| Q3 24 | 12.2% | 10.1% | ||
| Q2 24 | 6.7% | 8.5% | ||
| Q1 24 | 0.9% | 3.8% |
资本支出强度AXTAIESC
| Q4 25 | 4.6% | 5.3% | ||
| Q3 25 | 3.9% | 2.2% | ||
| Q2 25 | 3.4% | 1.9% | ||
| Q1 25 | 3.4% | 2.0% | ||
| Q4 24 | 4.7% | 1.8% | ||
| Q3 24 | 2.5% | 1.8% | ||
| Q2 24 | 1.7% | 2.3% | ||
| Q1 24 | 1.7% | 1.0% |
现金转化率AXTAIESC
| Q4 25 | 5.73× | 0.30× | ||
| Q3 25 | 1.25× | 1.29× | ||
| Q2 25 | 1.30× | 1.16× | ||
| Q1 25 | 0.26× | 0.34× | ||
| Q4 24 | 1.71× | 0.65× | ||
| Q3 24 | 1.92× | 1.42× | ||
| Q2 24 | 1.02× | 1.24× | ||
| Q1 24 | 0.83× | 0.59× |
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% |
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
