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德纳（DAN）与是德科技（KEYS）财务数据对比。点击上方公司名可切换其他公司
是德科技的季度营收约是德纳的1.1倍（$1.4B vs $1.3B），是德科技净利率更高（16.4% vs -3.9%，领先20.3%），是德科技同比增速更快（10.3% vs -44.5%），德纳自由现金流更多（$345.0M vs $187.0M），过去两年是德科技的营收复合增速更高（6.2% vs -31.2%）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
是德科技是一家美国企业，主营电子测试测量设备与软件的研发、生产业务。公司由安捷伦科技拆分而来，核心产品线继承自惠普测试测量部门上世纪60年代末至千禧年间开发的相关产品，后独立为现有品牌。
DAN vs KEYS — 直观对比
营收规模更大
KEYS
是对方的1.1倍
$1.3B
营收增速更快
KEYS
高出54.8%
-44.5%
净利率更高
KEYS
高出20.3%
-3.9%
自由现金流更多
DAN
多$158.0M
$187.0M
两年增速更快
KEYS
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $-50.0M | $233.0M |
| 毛利率 | 6.0% | 61.2% |
| 营业利润率 | -0.2% | 15.3% |
| 净利率 | -3.9% | 16.4% |
| 营收同比 | -44.5% | 10.3% |
| 净利润同比 | 37.5% | 419.2% |
| 每股收益（稀释后） | $-0.36 | $1.35 |
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DANKEYS
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.9B | $1.4B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.3B | $1.3B | ||
| Q3 24 | $2.5B | $1.2B | ||
| Q2 24 | $2.7B | $1.2B | ||
| Q1 24 | $2.7B | $1.3B |
净利润DANKEYS
| Q4 25 | $-50.0M | $233.0M | ||
| Q3 25 | $83.0M | $191.0M | ||
| Q2 25 | $27.0M | $257.0M | ||
| Q1 25 | $25.0M | $169.0M | ||
| Q4 24 | $-80.0M | $-73.0M | ||
| Q3 24 | $4.0M | $389.0M | ||
| Q2 24 | $16.0M | $126.0M | ||
| Q1 24 | $3.0M | $172.0M |
毛利率DANKEYS
| Q4 25 | 6.0% | 61.2% | ||
| Q3 25 | 8.7% | 61.7% | ||
| Q2 25 | 7.1% | 62.3% | ||
| Q1 25 | 9.4% | 63.2% | ||
| Q4 24 | 5.7% | 62.3% | ||
| Q3 24 | 9.9% | 62.0% | ||
| Q2 24 | 9.3% | 62.7% | ||
| Q1 24 | 8.9% | 64.6% |
营业利润率DANKEYS
| Q4 25 | -0.2% | 15.3% | ||
| Q3 25 | 2.8% | 17.3% | ||
| Q2 25 | 0.8% | 15.8% | ||
| Q1 25 | 3.1% | 16.8% | ||
| Q4 24 | -1.5% | 17.9% | ||
| Q3 24 | 3.6% | 16.8% | ||
| Q2 24 | 3.8% | 14.6% | ||
| Q1 24 | 2.6% | 17.6% |
净利率DANKEYS
| Q4 25 | -3.9% | 16.4% | ||
| Q3 25 | 4.3% | 14.1% | ||
| Q2 25 | 1.4% | 19.7% | ||
| Q1 25 | 1.1% | 13.0% | ||
| Q4 24 | -3.4% | -5.7% | ||
| Q3 24 | 0.2% | 32.0% | ||
| Q2 24 | 0.6% | 10.4% | ||
| Q1 24 | 0.1% | 13.7% |
每股收益（稀释后）DANKEYS
| Q4 25 | $-0.36 | $1.35 | ||
| Q3 25 | $0.64 | $1.10 | ||
| Q2 25 | $0.19 | $1.49 | ||
| Q1 25 | $0.17 | $0.97 | ||
| Q4 24 | $-0.55 | $-0.41 | ||
| Q3 24 | $0.03 | $2.22 | ||
| Q2 24 | $0.11 | $0.72 | ||
| Q1 24 | $0.02 | $0.98 |
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 | $469.0M | $1.9B |
| 总债务越低越好 | $2.6B | $2.5B |
| 股东权益账面价值 | $840.0M | $5.9B |
| 总资产 | $7.8B | $11.3B |
| 负债/权益比越低杠杆越低 | 3.05× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资DANKEYS
| Q4 25 | $469.0M | $1.9B | ||
| Q3 25 | $414.0M | $2.6B | ||
| Q2 25 | $486.0M | $3.1B | ||
| Q1 25 | $507.0M | $2.1B | ||
| Q4 24 | $494.0M | $1.8B | ||
| Q3 24 | $419.0M | $1.6B | ||
| Q2 24 | $419.0M | $1.7B | ||
| Q1 24 | $351.0M | $1.7B |
总债务DANKEYS
| Q4 25 | $2.6B | $2.5B | ||
| Q3 25 | $2.6B | $2.5B | ||
| Q2 25 | $2.6B | $2.5B | ||
| Q1 25 | $2.4B | $1.8B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.4B | $1.8B | ||
| Q2 24 | $2.4B | $1.8B | ||
| Q1 24 | $2.6B | $1.8B |
股东权益DANKEYS
| Q4 25 | $840.0M | $5.9B | ||
| Q3 25 | $1.1B | $5.7B | ||
| Q2 25 | $1.2B | $5.5B | ||
| Q1 25 | $1.4B | $5.2B | ||
| Q4 24 | $1.3B | $5.1B | ||
| Q3 24 | $1.5B | $5.2B | ||
| Q2 24 | $1.5B | $4.9B | ||
| Q1 24 | $1.5B | $4.8B |
总资产DANKEYS
| Q4 25 | $7.8B | $11.3B | ||
| Q3 25 | $8.1B | $10.7B | ||
| Q2 25 | $8.1B | $10.5B | ||
| Q1 25 | $7.8B | $9.4B | ||
| Q4 24 | $7.5B | $9.3B | ||
| Q3 24 | $7.9B | $9.3B | ||
| Q2 24 | $7.8B | $9.0B | ||
| Q1 24 | $7.9B | $9.1B |
负债/权益比DANKEYS
| Q4 25 | 3.05× | 0.43× | ||
| Q3 25 | 2.35× | 0.45× | ||
| Q2 25 | 2.13× | 0.46× | ||
| Q1 25 | 1.76× | 0.35× | ||
| Q4 24 | 1.79× | 0.35× | ||
| Q3 24 | 1.65× | 0.34× | ||
| Q2 24 | 1.62× | 0.37× | ||
| Q1 24 | 1.68× | 0.38× |
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 | $406.0M | $225.0M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $187.0M |
| 自由现金流率自由现金流/营收 | 26.6% | 13.2% |
| 资本支出强度资本支出/营收 | 4.7% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 0.97× |
| 过去12个月自由现金流最近4个季度 | $298.0M | $1.3B |
8季度趋势，按日历期对齐
经营现金流DANKEYS
| Q4 25 | $406.0M | $225.0M | ||
| Q3 25 | $111.0M | $322.0M | ||
| Q2 25 | $32.0M | $484.0M | ||
| Q1 25 | $-37.0M | $378.0M | ||
| Q4 24 | $302.0M | $359.0M | ||
| Q3 24 | $35.0M | $255.0M | ||
| Q2 24 | $215.0M | $110.0M | ||
| Q1 24 | $-102.0M | $328.0M |
自由现金流DANKEYS
| Q4 25 | $345.0M | $187.0M | ||
| Q3 25 | $62.0M | $291.0M | ||
| Q2 25 | $3.0M | $457.0M | ||
| Q1 25 | $-112.0M | $346.0M | ||
| Q4 24 | $149.0M | $321.0M | ||
| Q3 24 | $-11.0M | $222.0M | ||
| Q2 24 | $104.0M | $74.0M | ||
| Q1 24 | $-172.0M | $281.0M |
自由现金流率DANKEYS
| Q4 25 | 26.6% | 13.2% | ||
| Q3 25 | 3.2% | 21.5% | ||
| Q2 25 | 0.2% | 35.0% | ||
| Q1 25 | -4.8% | 26.7% | ||
| Q4 24 | 6.4% | 24.9% | ||
| Q3 24 | -0.4% | 18.2% | ||
| Q2 24 | 3.8% | 6.1% | ||
| Q1 24 | -6.3% | 22.3% |
资本支出强度DANKEYS
| Q4 25 | 4.7% | 2.7% | ||
| Q3 25 | 2.6% | 2.3% | ||
| Q2 25 | 1.5% | 2.1% | ||
| Q1 25 | 3.2% | 2.5% | ||
| Q4 24 | 6.6% | 3.0% | ||
| Q3 24 | 1.9% | 2.7% | ||
| Q2 24 | 4.1% | 3.0% | ||
| Q1 24 | 2.6% | 3.7% |
现金转化率DANKEYS
| Q4 25 | — | 0.97× | ||
| Q3 25 | 1.34× | 1.69× | ||
| Q2 25 | 1.19× | 1.88× | ||
| Q1 25 | -1.48× | 2.24× | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.75× | 0.66× | ||
| Q2 24 | 13.44× | 0.87× | ||
| Q1 24 | -34.00× | 1.91× |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
KEYS
| Transferred At Point In Time | $790.0M | 56% |
| Electronicindustrial | $429.0M | 30% |
| Transferred Over Time | $200.0M | 14% |
