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艾仕得（AXTA）与Veralto（VLTO）财务数据对比。点击上方公司名可切换其他公司
Veralto的季度营收约是艾仕得的1.1倍（$1.4B vs $1.3B），Veralto净利率更高（17.9% vs 4.8%，领先13.1%），Veralto同比增速更快（6.8% vs -3.7%），艾仕得自由现金流更多（$286.0M vs $170.0M），过去两年Veralto的营收复合增速更高（6.8% 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。
Veralto是总部位于美国马萨诸塞州沃尔瑟姆的科技企业，核心业务覆盖水分析、水处理、标识喷码、包装及色彩管理相关产品的研发与生产，面向全球多领域客户提供适配的技术产品及配套服务。
AXTA vs VLTO — 直观对比
营收规模更大
VLTO
是对方的1.1倍
$1.3B
营收增速更快
VLTO
高出10.5%
-3.7%
净利率更高
VLTO
高出13.1%
4.8%
自由现金流更多
AXTA
多$116.0M
$170.0M
两年增速更快
VLTO
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $60.0M | $254.0M |
| 毛利率 | 33.4% | 60.1% |
| 营业利润率 | 12.8% | 23.8% |
| 净利率 | 4.8% | 17.9% |
| 营收同比 | -3.7% | 6.8% |
| 净利润同比 | -56.2% | 12.9% |
| 每股收益（稀释后） | $0.28 | $1.02 |
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AXTAVLTO
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B |
净利润AXTAVLTO
| Q1 26 | — | $254.0M | ||
| Q4 25 | $60.0M | $239.0M | ||
| Q3 25 | $110.0M | $222.0M | ||
| Q2 25 | $109.0M | $225.0M | ||
| Q1 25 | $99.0M | — | ||
| Q4 24 | $137.0M | $227.0M | ||
| Q3 24 | $101.0M | $219.0M | ||
| Q2 24 | $112.0M | $203.0M |
毛利率AXTAVLTO
| Q1 26 | — | 60.1% | ||
| Q4 25 | 33.4% | 60.1% | ||
| Q3 25 | 34.9% | 60.0% | ||
| Q2 25 | 35.0% | 60.4% | ||
| Q1 25 | 34.3% | — | ||
| Q4 24 | 34.1% | 59.6% | ||
| Q3 24 | 35.0% | 59.6% | ||
| Q2 24 | 34.0% | 60.1% |
营业利润率AXTAVLTO
| Q1 26 | — | 23.8% | ||
| Q4 25 | 12.8% | 23.2% | ||
| Q3 25 | 15.8% | 22.8% | ||
| Q2 25 | 14.8% | 24.2% | ||
| Q1 25 | 13.9% | — | ||
| Q4 24 | 14.3% | 22.9% | ||
| Q3 24 | 14.6% | 23.4% | ||
| Q2 24 | 15.2% | 23.2% |
净利率AXTAVLTO
| Q1 26 | — | 17.9% | ||
| Q4 25 | 4.8% | 17.0% | ||
| Q3 25 | 8.5% | 16.2% | ||
| Q2 25 | 8.4% | 16.9% | ||
| Q1 25 | 7.8% | — | ||
| Q4 24 | 10.5% | 16.9% | ||
| Q3 24 | 7.7% | 16.7% | ||
| Q2 24 | 8.3% | 15.8% |
每股收益（稀释后）AXTAVLTO
| Q1 26 | — | $1.02 | ||
| Q4 25 | $0.28 | $0.95 | ||
| Q3 25 | $0.51 | $0.89 | ||
| Q2 25 | $0.50 | $0.90 | ||
| Q1 25 | $0.45 | — | ||
| Q4 24 | $0.63 | $0.91 | ||
| Q3 24 | $0.46 | $0.88 | ||
| Q2 24 | $0.51 | $0.81 |
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 | — |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.3B | — |
| 总资产 | $7.6B | — |
| 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AXTAVLTO
| Q1 26 | — | — | ||
| Q4 25 | $657.0M | $1.8B | ||
| Q3 25 | $606.0M | $1.6B | ||
| Q2 25 | $625.0M | $1.2B | ||
| Q1 25 | $575.0M | — | ||
| Q4 24 | $593.0M | $1.1B | ||
| Q3 24 | $567.0M | $1.3B | ||
| Q2 24 | $840.0M | $1.0B |
总债务AXTAVLTO
| Q1 26 | — | — | ||
| Q4 25 | $3.2B | $2.7B | ||
| Q3 25 | $3.4B | $2.7B | ||
| Q2 25 | $3.4B | $2.6B | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.4B | $2.6B | ||
| Q3 24 | $3.5B | $2.6B | ||
| Q2 24 | $3.6B | $2.6B |
股东权益AXTAVLTO
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $2.8B | ||
| Q3 25 | $2.3B | $2.7B | ||
| Q2 25 | $2.3B | $2.3B | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $1.9B | $2.0B | ||
| Q3 24 | $1.9B | $2.0B | ||
| Q2 24 | $1.8B | $1.7B |
总资产AXTAVLTO
| Q1 26 | — | — | ||
| Q4 25 | $7.6B | $7.4B | ||
| Q3 25 | $7.8B | $7.2B | ||
| Q2 25 | $7.8B | $6.6B | ||
| Q1 25 | $7.4B | — | ||
| Q4 24 | $7.2B | $6.4B | ||
| Q3 24 | $7.5B | $6.3B | ||
| Q2 24 | $7.3B | $5.9B |
负债/权益比AXTAVLTO
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | 0.94× | ||
| Q3 25 | 1.48× | 1.01× | ||
| Q2 25 | 1.50× | 1.14× | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.78× | 1.28× | ||
| Q3 24 | 1.84× | 1.35× | ||
| Q2 24 | 2.02× | 1.57× |
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 | $182.0M |
| 自由现金流经营现金流 - 资本支出 | $286.0M | $170.0M |
| 自由现金流率自由现金流/营收 | 22.7% | 12.0% |
| 资本支出强度资本支出/营收 | 4.6% | 0.8% |
| 现金转化率经营现金流/净利润 | 5.73× | 0.72× |
| 过去12个月自由现金流最近4个季度 | $453.0M | $893.0M |
8季度趋势，按日历期对齐
经营现金流AXTAVLTO
| Q1 26 | — | $182.0M | ||
| Q4 25 | $344.0M | $270.0M | ||
| Q3 25 | $137.0M | $339.0M | ||
| Q2 25 | $142.0M | $157.0M | ||
| Q1 25 | $26.0M | — | ||
| Q4 24 | $234.0M | $285.0M | ||
| Q3 24 | $194.0M | $224.0M | ||
| Q2 24 | $114.0M | $251.0M |
自由现金流AXTAVLTO
| Q1 26 | — | $170.0M | ||
| Q4 25 | $286.0M | $258.0M | ||
| Q3 25 | $87.0M | $323.0M | ||
| Q2 25 | $97.0M | $142.0M | ||
| Q1 25 | $-17.0M | — | ||
| Q4 24 | $172.0M | $263.0M | ||
| Q3 24 | $161.0M | $215.0M | ||
| Q2 24 | $91.0M | $240.0M |
自由现金流率AXTAVLTO
| Q1 26 | — | 12.0% | ||
| Q4 25 | 22.7% | 18.4% | ||
| Q3 25 | 6.8% | 23.6% | ||
| Q2 25 | 7.4% | 10.7% | ||
| Q1 25 | -1.3% | — | ||
| Q4 24 | 13.1% | 19.6% | ||
| Q3 24 | 12.2% | 16.4% | ||
| Q2 24 | 6.7% | 18.6% |
资本支出强度AXTAVLTO
| Q1 26 | — | 0.8% | ||
| Q4 25 | 4.6% | 0.9% | ||
| Q3 25 | 3.9% | 1.2% | ||
| Q2 25 | 3.4% | 1.1% | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 4.7% | 1.6% | ||
| Q3 24 | 2.5% | 0.7% | ||
| Q2 24 | 1.7% | 0.9% |
现金转化率AXTAVLTO
| Q1 26 | — | 0.72× | ||
| Q4 25 | 5.73× | 1.13× | ||
| Q3 25 | 1.25× | 1.53× | ||
| Q2 25 | 1.30× | 0.70× | ||
| Q1 25 | 0.26× | — | ||
| Q4 24 | 1.71× | 1.26× | ||
| Q3 24 | 1.92× | 1.02× | ||
| Q2 24 | 1.02× | 1.24× |
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% |
VLTO
暂无分部数据
