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AZZ INC（AZZ）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
Rackspace Technology, Inc.的季度营收约是AZZ INC的1.8倍（$682.8M vs $385.1M），AZZ INC净利率更高（4.1% vs -4.8%，领先8.9%），AZZ INC同比增速更快（9.4% vs -0.4%），过去两年Rackspace Technology, Inc.的营收复合增速更高（-0.6% 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。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
AZZ vs RXT — 直观对比
营收规模更大
RXT
是对方的1.8倍
$385.1M
营收增速更快
AZZ
高出9.8%
-0.4%
净利率更高
AZZ
高出8.9%
-4.8%
两年增速更快
RXT
近两年复合增速
-3.5%
损益表 — Q4 FY2027 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $385.1M | $682.8M |
| 净利润 | $15.9M | $-32.7M |
| 毛利率 | 22.7% | 17.6% |
| 营业利润率 | 14.8% | -0.5% |
| 净利率 | 4.1% | -4.8% |
| 营收同比 | 9.4% | -0.4% |
| 净利润同比 | 146.3% | 41.6% |
| 每股收益（稀释后） | $0.53 | $-0.13 |
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AZZRXT
| Q4 26 | $385.1M | — | ||
| Q4 25 | $425.7M | $682.8M | ||
| Q3 25 | $417.3M | $671.2M | ||
| Q2 25 | $422.0M | $666.3M | ||
| Q1 25 | $351.9M | $665.4M | ||
| Q4 24 | $403.7M | $685.6M | ||
| Q3 24 | $409.0M | $675.8M | ||
| Q2 24 | $413.2M | $684.9M |
净利润AZZRXT
| Q4 26 | $15.9M | — | ||
| Q4 25 | $41.1M | $-32.7M | ||
| Q3 25 | $89.3M | $-67.1M | ||
| Q2 25 | $170.9M | $-54.5M | ||
| Q1 25 | $20.2M | $-71.5M | ||
| Q4 24 | $33.6M | $-56.0M | ||
| Q3 24 | $35.4M | $-186.6M | ||
| Q2 24 | $39.6M | $25.0M |
毛利率AZZRXT
| Q4 26 | 22.7% | — | ||
| Q4 25 | 23.9% | 17.6% | ||
| Q3 25 | 24.3% | 19.4% | ||
| Q2 25 | 24.7% | 19.4% | ||
| Q1 25 | 22.4% | 19.1% | ||
| Q4 24 | 24.2% | 19.2% | ||
| Q3 24 | 25.3% | 20.3% | ||
| Q2 24 | 24.8% | 19.2% |
营业利润率AZZRXT
| Q4 26 | 14.8% | — | ||
| Q4 25 | 16.3% | -0.5% | ||
| Q3 25 | 16.4% | -5.1% | ||
| Q2 25 | 16.5% | -3.8% | ||
| Q1 25 | 11.5% | -5.8% | ||
| Q4 24 | 14.5% | -4.2% | ||
| Q3 24 | 16.5% | -25.7% | ||
| Q2 24 | 16.9% | -7.9% |
净利率AZZRXT
| Q4 26 | 4.1% | — | ||
| Q4 25 | 9.6% | -4.8% | ||
| Q3 25 | 21.4% | -10.0% | ||
| Q2 25 | 40.5% | -8.2% | ||
| Q1 25 | 5.7% | -10.7% | ||
| Q4 24 | 8.3% | -8.2% | ||
| Q3 24 | 8.7% | -27.6% | ||
| Q2 24 | 9.6% | 3.7% |
每股收益（稀释后）AZZRXT
| Q4 26 | $0.53 | — | ||
| Q4 25 | $1.36 | $-0.13 | ||
| Q3 25 | $2.95 | $-0.28 | ||
| Q2 25 | $5.66 | $-0.23 | ||
| Q1 25 | $0.87 | $-0.31 | ||
| Q4 24 | $1.12 | $-0.20 | ||
| Q3 24 | $1.18 | $-0.82 | ||
| Q2 24 | $-1.38 | $0.11 |
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 | — | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $1.3B | $-1.2B |
| 总资产 | $2.2B | $2.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AZZRXT
| Q4 26 | — | — | ||
| Q4 25 | $623.0K | $105.8M | ||
| Q3 25 | $897.0K | $99.5M | ||
| Q2 25 | $3.0M | $103.9M | ||
| Q1 25 | $1.5M | $128.0M | ||
| Q4 24 | $1.5M | $144.0M | ||
| Q3 24 | $2.2M | $157.1M | ||
| Q2 24 | $10.5M | $190.2M |
总债务AZZRXT
| Q4 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B |
股东权益AZZRXT
| Q4 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $-1.2B | ||
| Q3 25 | $1.3B | $-1.2B | ||
| Q2 25 | $1.2B | $-1.1B | ||
| Q1 25 | $1.0B | $-1.1B | ||
| Q4 24 | $1.0B | $-1.0B | ||
| Q3 24 | $999.8M | $-949.7M | ||
| Q2 24 | $967.2M | $-756.2M |
总资产AZZRXT
| Q4 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $2.8B | ||
| Q3 25 | $2.2B | $2.8B | ||
| Q2 25 | $2.2B | $2.9B | ||
| Q1 25 | $2.2B | $3.0B | ||
| Q4 24 | $2.2B | $3.1B | ||
| Q3 24 | $2.2B | $3.1B | ||
| Q2 24 | $2.2B | $3.4B |
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 | $59.7M |
| 自由现金流经营现金流 - 资本支出 | — | $56.0M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 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 | — | $90.6M |
8季度趋势，按日历期对齐
经营现金流AZZRXT
| Q4 26 | $525.4M | — | ||
| Q4 25 | $79.7M | $59.7M | ||
| Q3 25 | $58.4M | $70.7M | ||
| Q2 25 | $314.8M | $8.4M | ||
| Q1 25 | — | $12.6M | ||
| Q4 24 | $66.2M | $54.3M | ||
| Q3 24 | $47.5M | $51.8M | ||
| Q2 24 | $71.9M | $24.1M |
自由现金流AZZRXT
| Q4 26 | — | — | ||
| Q4 25 | $61.2M | $56.0M | ||
| Q3 25 | $39.1M | $42.7M | ||
| Q2 25 | $293.9M | $-12.4M | ||
| Q1 25 | — | $4.3M | ||
| Q4 24 | $39.7M | $34.4M | ||
| Q3 24 | $15.4M | $27.3M | ||
| Q2 24 | $44.5M | $-14.5M |
自由现金流率AZZRXT
| Q4 26 | — | — | ||
| Q4 25 | 14.4% | 8.2% | ||
| Q3 25 | 9.4% | 6.4% | ||
| Q2 25 | 69.6% | -1.9% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 9.8% | 5.0% | ||
| Q3 24 | 3.8% | 4.0% | ||
| Q2 24 | 10.8% | -2.1% |
资本支出强度AZZRXT
| Q4 26 | — | — | ||
| Q4 25 | 4.4% | 0.5% | ||
| Q3 25 | 4.6% | 4.2% | ||
| Q2 25 | 5.0% | 3.1% | ||
| Q1 25 | 8.5% | 1.2% | ||
| Q4 24 | 6.6% | 2.9% | ||
| Q3 24 | 7.8% | 3.6% | ||
| Q2 24 | 6.6% | 5.6% |
现金转化率AZZRXT
| Q4 26 | 32.98× | — | ||
| Q4 25 | 1.94× | — | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | 1.84× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.97× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 1.82× | 0.96× |
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 | $198.6M | 52% |
| Metal Coatings | $186.5M | 48% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
