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博思艾伦汉密尔顿（BAH）与欧文斯科宁（OC）财务数据对比。点击上方公司名可切换其他公司
博思艾伦汉密尔顿的季度营收约是欧文斯科宁的1.2倍（$2.6B vs $2.1B），博思艾伦汉密尔顿净利率更高（7.6% vs -13.9%，领先21.5%），博思艾伦汉密尔顿同比增速更快（-10.2% vs -24.6%），欧文斯科宁自由现金流更多（$333.0M vs $248.0M），过去两年博思艾伦汉密尔顿的营收复合增速更高（-2.8% vs -3.5%）
博思艾伦汉密尔顿控股集团是美国知名专业服务企业，深耕数字化转型与人工智能领域，为公共部门、私营机构及非营利组织提供咨询、分析与工程服务，总部位于弗吉尼亚州麦克莱恩，属华盛顿大都会区，在全球另设有80个办事处。
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
BAH vs OC — 直观对比
营收规模更大
BAH
是对方的1.2倍
$2.1B
营收增速更快
BAH
高出14.4%
-24.6%
净利率更高
BAH
高出21.5%
-13.9%
自由现金流更多
OC
多$85.0M
$248.0M
两年增速更快
BAH
近两年复合增速
-3.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $2.1B |
| 净利润 | $200.0M | $-298.0M |
| 毛利率 | 51.9% | 23.2% |
| 营业利润率 | 8.8% | -10.5% |
| 净利率 | 7.6% | -13.9% |
| 营收同比 | -10.2% | -24.6% |
| 净利润同比 | 7.0% | -15.5% |
| 每股收益（稀释后） | $1.63 | $-3.47 |
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BAHOC
| Q4 25 | $2.6B | $2.1B | ||
| Q3 25 | $2.9B | $2.7B | ||
| Q2 25 | $2.9B | $2.7B | ||
| Q1 25 | $3.0B | $2.5B | ||
| Q4 24 | $2.9B | $2.8B | ||
| Q3 24 | $3.1B | $3.0B | ||
| Q2 24 | $2.9B | $2.8B | ||
| Q1 24 | $2.8B | $2.3B |
净利润BAHOC
| Q4 25 | $200.0M | $-298.0M | ||
| Q3 25 | $175.0M | $-494.0M | ||
| Q2 25 | $271.0M | $363.0M | ||
| Q1 25 | $192.7M | $-93.0M | ||
| Q4 24 | $186.9M | $-258.0M | ||
| Q3 24 | $390.1M | $321.0M | ||
| Q2 24 | $165.2M | $285.0M | ||
| Q1 24 | $128.0M | $299.0M |
毛利率BAHOC
| Q4 25 | 51.9% | 23.2% | ||
| Q3 25 | 53.6% | 28.2% | ||
| Q2 25 | 51.3% | 31.2% | ||
| Q1 25 | 53.6% | 28.7% | ||
| Q4 24 | 55.2% | 28.1% | ||
| Q3 24 | 56.7% | 29.8% | ||
| Q2 24 | 53.4% | 31.1% | ||
| Q1 24 | 54.7% | 29.6% |
营业利润率BAHOC
| Q4 25 | 8.8% | -10.5% | ||
| Q3 25 | 9.8% | -12.2% | ||
| Q2 25 | 8.8% | 18.4% | ||
| Q1 25 | 9.2% | 16.1% | ||
| Q4 24 | 10.0% | -8.5% | ||
| Q3 24 | 17.4% | 16.7% | ||
| Q2 24 | 8.7% | 16.4% | ||
| Q1 24 | 9.5% | 17.5% |
净利率BAHOC
| Q4 25 | 7.6% | -13.9% | ||
| Q3 25 | 6.1% | -18.4% | ||
| Q2 25 | 9.3% | 13.2% | ||
| Q1 25 | 6.5% | -3.7% | ||
| Q4 24 | 6.4% | -9.1% | ||
| Q3 24 | 12.4% | 10.5% | ||
| Q2 24 | 5.6% | 10.2% | ||
| Q1 24 | 4.6% | 13.0% |
每股收益（稀释后）BAHOC
| Q4 25 | $1.63 | $-3.47 | ||
| Q3 25 | $1.42 | $-5.92 | ||
| Q2 25 | $2.16 | $4.25 | ||
| Q1 25 | $1.52 | $-1.08 | ||
| Q4 24 | $1.45 | $-2.92 | ||
| Q3 24 | $3.01 | $3.65 | ||
| Q2 24 | $1.27 | $3.24 | ||
| Q1 24 | $0.97 | $3.40 |
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 | $882.0M | $345.0M |
| 总债务越低越好 | $3.9B | $4.7B |
| 股东权益账面价值 | $1.0B | $3.9B |
| 总资产 | $7.1B | $13.0B |
| 负债/权益比越低杠杆越低 | 3.84× | 1.22× |
8季度趋势，按日历期对齐
现金及短期投资BAHOC
| Q4 25 | $882.0M | $345.0M | ||
| Q3 25 | $816.0M | $286.0M | ||
| Q2 25 | $711.0M | $230.0M | ||
| Q1 25 | $885.0M | $400.0M | ||
| Q4 24 | $453.5M | $361.0M | ||
| Q3 24 | $558.7M | $499.0M | ||
| Q2 24 | $297.7M | $254.0M | ||
| Q1 24 | $554.3M | $1.3B |
总债务BAHOC
| Q4 25 | $3.9B | $4.7B | ||
| Q3 25 | $4.0B | $4.7B | ||
| Q2 25 | $4.0B | $5.1B | ||
| Q1 25 | $4.0B | $5.0B | ||
| Q4 24 | $3.4B | $5.1B | ||
| Q3 24 | $3.4B | $5.0B | ||
| Q2 24 | $3.4B | $5.0B | ||
| Q1 24 | $3.4B | $2.6B |
股东权益BAHOC
| Q4 25 | $1.0B | $3.9B | ||
| Q3 25 | $996.0M | $4.4B | ||
| Q2 25 | $1.1B | $5.2B | ||
| Q1 25 | $1.0B | $4.9B | ||
| Q4 24 | $1.2B | $5.1B | ||
| Q3 24 | $1.2B | $5.6B | ||
| Q2 24 | $1.1B | $5.5B | ||
| Q1 24 | $1.0B | $5.2B |
总资产BAHOC
| Q4 25 | $7.1B | $13.0B | ||
| Q3 25 | $7.2B | $13.5B | ||
| Q2 25 | $7.2B | $14.5B | ||
| Q1 25 | $7.3B | $14.3B | ||
| Q4 24 | $6.8B | $14.1B | ||
| Q3 24 | $6.9B | $15.1B | ||
| Q2 24 | $6.6B | $15.0B | ||
| Q1 24 | $6.6B | $11.3B |
负债/权益比BAHOC
| Q4 25 | 3.84× | 1.22× | ||
| Q3 25 | 3.98× | 1.06× | ||
| Q2 25 | 3.74× | 0.98× | ||
| Q1 25 | 3.99× | 1.03× | ||
| Q4 24 | 2.79× | 1.01× | ||
| Q3 24 | 2.83× | 0.89× | ||
| Q2 24 | 3.14× | 0.92× | ||
| Q1 24 | 3.26× | 0.51× |
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 | $261.0M | $590.0M |
| 自由现金流经营现金流 - 资本支出 | $248.0M | $333.0M |
| 自由现金流率自由现金流/营收 | 9.5% | 15.5% |
| 资本支出强度资本支出/营收 | 0.5% | 12.0% |
| 现金转化率经营现金流/净利润 | 1.30× | — |
| 过去12个月自由现金流最近4个季度 | $933.4M | $962.0M |
8季度趋势，按日历期对齐
经营现金流BAHOC
| Q4 25 | $261.0M | $590.0M | ||
| Q3 25 | $421.0M | $918.0M | ||
| Q2 25 | $119.0M | $327.0M | ||
| Q1 25 | $219.0M | $-49.0M | ||
| Q4 24 | $150.8M | $676.0M | ||
| Q3 24 | $587.1M | $699.0M | ||
| Q2 24 | $52.1M | $493.0M | ||
| Q1 24 | $143.8M | $24.0M |
自由现金流BAHOC
| Q4 25 | $248.0M | $333.0M | ||
| Q3 25 | $395.0M | $752.0M | ||
| Q2 25 | $96.0M | $129.0M | ||
| Q1 25 | $194.4M | $-252.0M | ||
| Q4 24 | $133.6M | $479.0M | ||
| Q3 24 | $563.3M | $558.0M | ||
| Q2 24 | $19.7M | $336.0M | ||
| Q1 24 | $127.6M | $-128.0M |
自由现金流率BAHOC
| Q4 25 | 9.5% | 15.5% | ||
| Q3 25 | 13.7% | 28.0% | ||
| Q2 25 | 3.3% | 4.7% | ||
| Q1 25 | 6.5% | -10.0% | ||
| Q4 24 | 4.6% | 16.9% | ||
| Q3 24 | 17.9% | 18.3% | ||
| Q2 24 | 0.7% | 12.0% | ||
| Q1 24 | 4.6% | -5.6% |
资本支出强度BAHOC
| Q4 25 | 0.5% | 12.0% | ||
| Q3 25 | 0.9% | 6.2% | ||
| Q2 25 | 0.8% | 7.2% | ||
| Q1 25 | 0.8% | 8.0% | ||
| Q4 24 | 0.6% | 6.9% | ||
| Q3 24 | 0.8% | 4.6% | ||
| Q2 24 | 1.1% | 5.6% | ||
| Q1 24 | 0.6% | 6.6% |
现金转化率BAHOC
| Q4 25 | 1.30× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 0.44× | 0.90× | ||
| Q1 25 | 1.14× | — | ||
| Q4 24 | 0.81× | — | ||
| Q3 24 | 1.50× | 2.18× | ||
| Q2 24 | 0.32× | 1.73× | ||
| Q1 24 | 1.12× | 0.08× |
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
BAH
| Defense Clients | $1.5B | 55% |
| Civil Clients | $732.0M | 28% |
| Intelligence Clients | $434.0M | 17% |
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
