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艾仕得（AXTA）与SILGAN HOLDINGS INC（SLGN）财务数据对比。点击上方公司名可切换其他公司
SILGAN HOLDINGS INC的季度营收约是艾仕得的1.2倍（$1.5B vs $1.3B），艾仕得净利率更高（4.8% vs 1.2%，领先3.5%），SILGAN HOLDINGS INC同比增速更快（4.1% vs -3.7%），SILGAN HOLDINGS INC自由现金流更多（$1.2B vs $286.0M），过去两年SILGAN HOLDINGS INC的营收复合增速更高（5.6% 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。
西尔根控股是一家总部位于美国康涅狄格州的消费品包装制造企业，1987年由原大陆制罐公司的两名高管菲尔·西尔弗与格雷格·霍里根共同创立，公司名称正是取自两位创始人的名字组合，目前在全球包装供应链中占据重要市场地位，为众多快消品牌提供各类包装解决方案。
AXTA vs SLGN — 直观对比
营收规模更大
SLGN
是对方的1.2倍
$1.3B
营收增速更快
SLGN
高出7.8%
-3.7%
净利率更高
AXTA
高出3.5%
1.2%
自由现金流更多
SLGN
多$936.5M
$286.0M
两年增速更快
SLGN
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $60.0M | $18.2M |
| 毛利率 | 33.4% | 17.2% |
| 营业利润率 | 12.8% | 3.6% |
| 净利率 | 4.8% | 1.2% |
| 营收同比 | -3.7% | 4.1% |
| 净利润同比 | -56.2% | -59.6% |
| 每股收益（稀释后） | $0.28 | $0.18 |
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AXTASLGN
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $2.0B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.3B | $1.7B | ||
| Q2 24 | $1.4B | $1.4B | ||
| Q1 24 | $1.3B | $1.3B |
净利润AXTASLGN
| Q4 25 | $60.0M | $18.2M | ||
| Q3 25 | $110.0M | $113.3M | ||
| Q2 25 | $109.0M | $88.9M | ||
| Q1 25 | $99.0M | $68.0M | ||
| Q4 24 | $137.0M | $45.1M | ||
| Q3 24 | $101.0M | $100.1M | ||
| Q2 24 | $112.0M | $76.1M | ||
| Q1 24 | $41.0M | $55.2M |
毛利率AXTASLGN
| Q4 25 | 33.4% | 17.2% | ||
| Q3 25 | 34.9% | 16.3% | ||
| Q2 25 | 35.0% | 19.4% | ||
| Q1 25 | 34.3% | 18.4% | ||
| Q4 24 | 34.1% | 16.9% | ||
| Q3 24 | 35.0% | 16.8% | ||
| Q2 24 | 34.0% | 18.5% | ||
| Q1 24 | 33.2% | 17.0% |
营业利润率AXTASLGN
| Q4 25 | 12.8% | 3.6% | ||
| Q3 25 | 15.8% | 7.4% | ||
| Q2 25 | 14.8% | 7.7% | ||
| Q1 25 | 13.9% | 6.0% | ||
| Q4 24 | 14.3% | 3.4% | ||
| Q3 24 | 14.6% | 7.2% | ||
| Q2 24 | 15.2% | 7.3% | ||
| Q1 24 | 9.4% | 5.5% |
净利率AXTASLGN
| Q4 25 | 4.8% | 1.2% | ||
| Q3 25 | 8.5% | 5.6% | ||
| Q2 25 | 8.4% | 5.8% | ||
| Q1 25 | 7.8% | 4.6% | ||
| Q4 24 | 10.5% | 3.2% | ||
| Q3 24 | 7.7% | 5.7% | ||
| Q2 24 | 8.3% | 5.5% | ||
| Q1 24 | 3.2% | 4.2% |
每股收益（稀释后）AXTASLGN
| Q4 25 | $0.28 | $0.18 | ||
| Q3 25 | $0.51 | $1.06 | ||
| Q2 25 | $0.50 | $0.83 | ||
| Q1 25 | $0.45 | $0.63 | ||
| Q4 24 | $0.63 | $0.42 | ||
| Q3 24 | $0.46 | $0.93 | ||
| Q2 24 | $0.51 | $0.71 | ||
| Q1 24 | $0.18 | $0.52 |
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 | $1.1B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.3B | $2.3B |
| 总资产 | $7.6B | $9.4B |
| 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AXTASLGN
| Q4 25 | $657.0M | $1.1B | ||
| Q3 25 | $606.0M | $389.2M | ||
| Q2 25 | $625.0M | $317.5M | ||
| Q1 25 | $575.0M | $353.0M | ||
| Q4 24 | $593.0M | $822.9M | ||
| Q3 24 | $567.0M | $368.5M | ||
| Q2 24 | $840.0M | $302.8M | ||
| Q1 24 | $624.0M | $308.6M |
总债务AXTASLGN
| 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AXTASLGN
| Q4 25 | $2.3B | $2.3B | ||
| Q3 25 | $2.3B | $2.3B | ||
| Q2 25 | $2.3B | $2.2B | ||
| Q1 25 | $2.1B | $2.1B | ||
| Q4 24 | $1.9B | $2.0B | ||
| Q3 24 | $1.9B | $2.1B | ||
| Q2 24 | $1.8B | $1.9B | ||
| Q1 24 | $1.7B | $1.9B |
总资产AXTASLGN
| Q4 25 | $7.6B | $9.4B | ||
| Q3 25 | $7.8B | $9.5B | ||
| Q2 25 | $7.8B | $9.4B | ||
| Q1 25 | $7.4B | $8.8B | ||
| Q4 24 | $7.2B | $8.6B | ||
| Q3 24 | $7.5B | $7.7B | ||
| Q2 24 | $7.3B | $7.7B | ||
| Q1 24 | $7.1B | $7.6B |
负债/权益比AXTASLGN
| 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 | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $286.0M | $1.2B |
| 自由现金流率自由现金流/营收 | 22.7% | 83.2% |
| 资本支出强度资本支出/营收 | 4.6% | 4.9% |
| 现金转化率经营现金流/净利润 | 5.73× | 71.07× |
| 过去12个月自由现金流最近4个季度 | $453.0M | $422.7M |
8季度趋势，按日历期对齐
经营现金流AXTASLGN
| Q4 25 | $344.0M | $1.3B | ||
| Q3 25 | $137.0M | $340.9M | ||
| Q2 25 | $142.0M | $-221.4M | ||
| Q1 25 | $26.0M | $-683.4M | ||
| Q4 24 | $234.0M | $935.8M | ||
| Q3 24 | $194.0M | $313.0M | ||
| Q2 24 | $114.0M | $20.9M | ||
| Q1 24 | $34.0M | $-547.8M |
自由现金流AXTASLGN
| Q4 25 | $286.0M | $1.2B | ||
| Q3 25 | $87.0M | $260.8M | ||
| Q2 25 | $97.0M | $-294.2M | ||
| Q1 25 | $-17.0M | $-766.3M | ||
| Q4 24 | $172.0M | $865.0M | ||
| Q3 24 | $161.0M | $252.4M | ||
| Q2 24 | $91.0M | $-35.3M | ||
| Q1 24 | $12.0M | $-623.1M |
自由现金流率AXTASLGN
| Q4 25 | 22.7% | 83.2% | ||
| Q3 25 | 6.8% | 13.0% | ||
| Q2 25 | 7.4% | -19.1% | ||
| Q1 25 | -1.3% | -52.2% | ||
| Q4 24 | 13.1% | 61.3% | ||
| Q3 24 | 12.2% | 14.5% | ||
| Q2 24 | 6.7% | -2.6% | ||
| Q1 24 | 0.9% | -47.3% |
资本支出强度AXTASLGN
| Q4 25 | 4.6% | 4.9% | ||
| Q3 25 | 3.9% | 4.0% | ||
| Q2 25 | 3.4% | 4.7% | ||
| Q1 25 | 3.4% | 5.7% | ||
| Q4 24 | 4.7% | 5.0% | ||
| Q3 24 | 2.5% | 3.5% | ||
| Q2 24 | 1.7% | 4.1% | ||
| Q1 24 | 1.7% | 5.7% |
现金转化率AXTASLGN
| Q4 25 | 5.73× | 71.07× | ||
| Q3 25 | 1.25× | 3.01× | ||
| Q2 25 | 1.30× | -2.49× | ||
| Q1 25 | 0.26× | -10.06× | ||
| Q4 24 | 1.71× | 20.77× | ||
| Q3 24 | 1.92× | 3.13× | ||
| Q2 24 | 1.02× | 0.27× | ||
| Q1 24 | 0.83× | -9.93× |
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% |
SLGN
| Metal Containers | $675.6M | 46% |
| Dispensing And Specialty Closures | $643.6M | 44% |
| Custom Containers | $149.4M | 10% |
