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AZZ INC（AZZ）与波音（BA）财务数据对比。点击上方公司名可切换其他公司
波音的季度营收约是AZZ INC的57.7倍（$22.2B vs $385.1M）。AZZ INC净利率更高（4.1% vs -0.0%，领先4.2%）。波音同比增速更快（14.0% vs -75.6%）。过去两年波音的营收复合增速更高（14.8% vs -3.5%）
AZZ公司是全球领先的金属防护解决方案供应商，主营热浸镀锌、表面涂层处理服务及特种电气、工业零部件，主要服务于北美及其他核心国际市场的建筑、能源、基建、制造等下游领域。
波音公司是美国跨国航空航天企业，1916年成立，业务覆盖民用飞机、旋翼机、火箭、卫星、导弹的设计、制造与全球销售，同时提供租赁及产品配套支持服务。作为全球头部航空航天制造商，按2022年营收计为全球第四大国防承包商，也是美国按金额计算的最大出口企业。
AZZ vs BA — 直观对比
营收规模更大
BA
是对方的57.7倍
$385.1M
营收增速更快
BA
高出89.6%
-75.6%
净利率更高
AZZ
高出4.2%
-0.0%
两年增速更快
BA
近两年复合增速
-3.5%
损益表 — Q4 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $385.1M | $22.2B |
| 净利润 | $15.9M | $-7.0M |
| 毛利率 | 22.7% | — |
| 营业利润率 | 14.8% | 2.0% |
| 净利率 | 4.1% | -0.0% |
| 营收同比 | -75.6% | 14.0% |
| 净利润同比 | -21.2% | 77.4% |
| 每股收益（稀释后） | $0.53 | $-0.11 |
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AZZBA
| Q4 26 | $385.1M | — | ||
| Q1 26 | — | $22.2B | ||
| Q4 25 | $425.7M | $23.9B | ||
| Q3 25 | $417.3M | $23.3B | ||
| Q2 25 | $422.0M | $22.7B | ||
| Q1 25 | $351.9M | $19.5B | ||
| Q4 24 | $403.7M | $15.2B | ||
| Q3 24 | $409.0M | $17.8B |
净利润AZZBA
| Q4 26 | $15.9M | — | ||
| Q1 26 | — | $-7.0M | ||
| Q4 25 | $41.1M | $8.2B | ||
| Q3 25 | $89.3M | $-5.3B | ||
| Q2 25 | $170.9M | $-611.0M | ||
| Q1 25 | $20.2M | $-37.0M | ||
| Q4 24 | $33.6M | $-3.9B | ||
| Q3 24 | $35.4M | $-6.2B |
毛利率AZZBA
| Q4 26 | 22.7% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 23.9% | 7.6% | ||
| Q3 25 | 24.3% | -10.2% | ||
| Q2 25 | 24.7% | 10.7% | ||
| Q1 25 | 22.4% | 12.4% | ||
| Q4 24 | 24.2% | -10.4% | ||
| Q3 24 | 25.3% | -19.7% |
营业利润率AZZBA
| Q4 26 | 14.8% | — | ||
| Q1 26 | — | 2.0% | ||
| Q4 25 | 16.3% | 36.7% | ||
| Q3 25 | 16.4% | -20.5% | ||
| Q2 25 | 16.5% | -0.8% | ||
| Q1 25 | 11.5% | 2.4% | ||
| Q4 24 | 14.5% | -24.7% | ||
| Q3 24 | 16.5% | -32.3% |
净利率AZZBA
| Q4 26 | 4.1% | — | ||
| Q1 26 | — | -0.0% | ||
| Q4 25 | 9.6% | 34.3% | ||
| Q3 25 | 21.4% | -22.9% | ||
| Q2 25 | 40.5% | -2.7% | ||
| Q1 25 | 5.7% | -0.2% | ||
| Q4 24 | 8.3% | -25.4% | ||
| Q3 24 | 8.7% | -34.6% |
每股收益（稀释后）AZZBA
| Q4 26 | $0.53 | — | ||
| Q1 26 | — | $-0.11 | ||
| Q4 25 | $1.36 | $10.70 | ||
| Q3 25 | $2.95 | $-7.14 | ||
| Q2 25 | $5.66 | $-0.92 | ||
| Q1 25 | $0.87 | $-0.16 | ||
| Q4 24 | $1.12 | $-5.50 | ||
| Q3 24 | $1.18 | $-9.97 |
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 | — | $9.4B |
| 总债务越低越好 | — | $44.4B |
| 股东权益账面价值 | $1.3B | $6.0B |
| 总资产 | $2.2B | $164.8B |
| 负债/权益比越低杠杆越低 | — | 7.41× |
8季度趋势，按日历期对齐
现金及短期投资AZZBA
| Q4 26 | — | — | ||
| Q1 26 | — | $9.4B | ||
| Q4 25 | $623.0K | $29.4B | ||
| Q3 25 | $897.0K | $23.0B | ||
| Q2 25 | $3.0M | $23.0B | ||
| Q1 25 | $1.5M | $23.7B | ||
| Q4 24 | $1.5M | $26.3B | ||
| Q3 24 | $2.2M | $10.5B |
总债务AZZBA
| Q4 26 | — | — | ||
| Q1 26 | — | $44.4B | ||
| Q4 25 | — | $45.6B | ||
| Q3 25 | — | $44.6B | ||
| Q2 25 | — | $44.6B | ||
| Q1 25 | — | $45.7B | ||
| Q4 24 | — | $52.6B | ||
| Q3 24 | — | $53.2B |
股东权益AZZBA
| Q4 26 | $1.3B | — | ||
| Q1 26 | — | $6.0B | ||
| Q4 25 | $1.3B | $5.5B | ||
| Q3 25 | $1.3B | $-8.3B | ||
| Q2 25 | $1.2B | $-3.3B | ||
| Q1 25 | $1.0B | $-3.3B | ||
| Q4 24 | $1.0B | $-3.9B | ||
| Q3 24 | $999.8M | $-23.6B |
总资产AZZBA
| Q4 26 | $2.2B | — | ||
| Q1 26 | — | $164.8B | ||
| Q4 25 | $2.2B | $168.2B | ||
| Q3 25 | $2.2B | $150.0B | ||
| Q2 25 | $2.2B | $155.1B | ||
| Q1 25 | $2.2B | $156.5B | ||
| Q4 24 | $2.2B | $156.4B | ||
| Q3 24 | $2.2B | $137.7B |
负债/权益比AZZBA
| Q4 26 | — | — | ||
| Q1 26 | — | 7.41× | ||
| Q4 25 | — | 8.37× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
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 | $525.4M | — |
| 自由现金流经营现金流 - 资本支出 | — | $-1.5B |
| 自由现金流率自由现金流/营收 | — | -6.5% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 32.98× | — |
| 过去12个月自由现金流最近4个季度 | — | $-1.0B |
8季度趋势，按日历期对齐
经营现金流AZZBA
| Q4 26 | $525.4M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $79.7M | $1.3B | ||
| Q3 25 | $58.4M | $1.1B | ||
| Q2 25 | $314.8M | $227.0M | ||
| Q1 25 | — | $-1.6B | ||
| Q4 24 | $66.2M | $-3.5B | ||
| Q3 24 | $47.5M | $-1.3B |
自由现金流AZZBA
| Q4 26 | — | — | ||
| Q1 26 | — | $-1.5B | ||
| Q4 25 | $61.2M | $375.0M | ||
| Q3 25 | $39.1M | $238.0M | ||
| Q2 25 | $293.9M | $-200.0M | ||
| Q1 25 | — | $-2.3B | ||
| Q4 24 | $39.7M | $-4.1B | ||
| Q3 24 | $15.4M | $-2.0B |
自由现金流率AZZBA
| Q4 26 | — | — | ||
| Q1 26 | — | -6.5% | ||
| Q4 25 | 14.4% | 1.6% | ||
| Q3 25 | 9.4% | 1.0% | ||
| Q2 25 | 69.6% | -0.9% | ||
| Q1 25 | — | -11.7% | ||
| Q4 24 | 9.8% | -26.9% | ||
| Q3 24 | 3.8% | -11.0% |
资本支出强度AZZBA
| Q4 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 4.0% | ||
| Q3 25 | 4.6% | 3.8% | ||
| Q2 25 | 5.0% | 1.9% | ||
| Q1 25 | 8.5% | 3.5% | ||
| Q4 24 | 6.6% | 4.3% | ||
| Q3 24 | 7.8% | 3.4% |
现金转化率AZZBA
| Q4 26 | 32.98× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.94× | 0.16× | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | 1.84× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.97× | — | ||
| Q3 24 | 1.34× | — |
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
AZZ
| Precoat Metals | $203.5M | 53% |
| Metal Coatings | $186.5M | 48% |
BA
| Commercial Airplanes | $9.2B | 41% |
| Defense, Space & Security | $7.6B | 34% |
| Global Services | $5.4B | 24% |
