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德康医疗（DXCM）与摩丁制造（MOD）财务数据对比。点击上方公司名可切换其他公司
德康医疗的季度营收约是摩丁制造的1.6倍（$1.3B vs $805.0M），德康医疗净利率更高（21.2% vs -5.9%，领先27.1%），摩丁制造同比增速更快（30.5% vs 21.6%），过去两年摩丁制造的营收复合增速更高（15.5% vs 12.0%）
德康医疗是美国跨国医疗保健企业，专注于研发、生产及销售糖尿病管理领域的连续血糖监测（CGM）系列系统。其全球总部及研发中心位于美国加利福尼亚州圣地亚哥，生产基地分布于美国亚利桑那州梅萨、马来西亚峇都交湾及爱尔兰戈尔韦郡阿斯里。
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
DXCM vs MOD — 直观对比
营收规模更大
DXCM
是对方的1.6倍
$805.0M
营收增速更快
MOD
高出8.9%
21.6%
净利率更高
DXCM
高出27.1%
-5.9%
两年增速更快
MOD
近两年复合增速
12.0%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $805.0M |
| 净利润 | $267.3M | $-47.4M |
| 毛利率 | 62.9% | 23.1% |
| 营业利润率 | 25.6% | 11.1% |
| 净利率 | 21.2% | -5.9% |
| 营收同比 | 21.6% | 30.5% |
| 净利润同比 | 153.6% | -215.6% |
| 每股收益（稀释后） | $0.67 | $-0.90 |
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DXCMMOD
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $805.0M | ||
| Q3 25 | $1.2B | $738.9M | ||
| Q2 25 | $1.2B | $682.8M | ||
| Q1 25 | $1.0B | $647.2M | ||
| Q4 24 | $1.1B | $616.8M | ||
| Q3 24 | $994.2M | $658.0M | ||
| Q2 24 | $1.0B | $661.5M |
净利润DXCMMOD
| Q1 26 | $267.3M | — | ||
| Q4 25 | $267.3M | $-47.4M | ||
| Q3 25 | $283.8M | $44.4M | ||
| Q2 25 | $179.8M | $51.2M | ||
| Q1 25 | $105.4M | $49.6M | ||
| Q4 24 | $151.7M | $41.0M | ||
| Q3 24 | $134.6M | $46.1M | ||
| Q2 24 | $143.5M | $47.3M |
毛利率DXCMMOD
| Q1 26 | 62.9% | — | ||
| Q4 25 | 62.9% | 23.1% | ||
| Q3 25 | 60.5% | 22.3% | ||
| Q2 25 | 59.5% | 24.2% | ||
| Q1 25 | 56.9% | 25.6% | ||
| Q4 24 | 58.9% | 24.3% | ||
| Q3 24 | 59.7% | 25.2% | ||
| Q2 24 | 62.4% | 24.6% |
营业利润率DXCMMOD
| Q1 26 | 25.6% | — | ||
| Q4 25 | 25.6% | 11.1% | ||
| Q3 25 | 20.1% | 9.9% | ||
| Q2 25 | 18.4% | 11.1% | ||
| Q1 25 | 12.9% | 11.5% | ||
| Q4 24 | 17.0% | 9.6% | ||
| Q3 24 | 15.3% | 11.4% | ||
| Q2 24 | 15.7% | 11.2% |
净利率DXCMMOD
| Q1 26 | 21.2% | — | ||
| Q4 25 | 21.2% | -5.9% | ||
| Q3 25 | 23.5% | 6.0% | ||
| Q2 25 | 15.5% | 7.5% | ||
| Q1 25 | 10.2% | 7.7% | ||
| Q4 24 | 13.6% | 6.6% | ||
| Q3 24 | 13.5% | 7.0% | ||
| Q2 24 | 14.3% | 7.2% |
每股收益（稀释后）DXCMMOD
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.67 | $-0.90 | ||
| Q3 25 | $0.70 | $0.83 | ||
| Q2 25 | $0.45 | $0.95 | ||
| Q1 25 | $0.27 | $0.92 | ||
| Q4 24 | $0.37 | $0.76 | ||
| Q3 24 | $0.34 | $0.86 | ||
| Q2 24 | $0.35 | $0.88 |
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 | $917.7M | $98.7M |
| 总债务越低越好 | — | $570.7M |
| 股东权益账面价值 | $2.7B | $1.1B |
| 总资产 | $6.3B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资DXCMMOD
| Q1 26 | $917.7M | — | ||
| Q4 25 | $917.7M | $98.7M | ||
| Q3 25 | $1.8B | $83.8M | ||
| Q2 25 | $1.2B | $124.5M | ||
| Q1 25 | $904.9M | $71.6M | ||
| Q4 24 | $606.1M | $83.8M | ||
| Q3 24 | $621.2M | $78.6M | ||
| Q2 24 | $939.2M | $72.9M |
总债务DXCMMOD
| Q1 26 | — | — | ||
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $525.8M | ||
| Q2 25 | — | $482.1M | ||
| Q1 25 | — | $296.7M | ||
| Q4 24 | — | $330.0M | ||
| Q3 24 | — | $359.1M | ||
| Q2 24 | — | $405.7M |
股东权益DXCMMOD
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $1.1B | ||
| Q3 25 | $2.7B | $1.1B | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | $2.3B | $910.2M | ||
| Q4 24 | $2.1B | $855.1M | ||
| Q3 24 | $2.0B | $858.8M | ||
| Q2 24 | $2.4B | $788.4M |
总资产DXCMMOD
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.3B | $2.5B | ||
| Q3 25 | $7.5B | $2.4B | ||
| Q2 25 | $7.3B | $2.2B | ||
| Q1 25 | $6.8B | $1.9B | ||
| Q4 24 | $6.5B | $1.8B | ||
| Q3 24 | $6.4B | $1.9B | ||
| Q2 24 | $6.8B | $1.9B |
负债/权益比DXCMMOD
| Q1 26 | — | — | ||
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 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 | — | $24.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-17.1M |
| 自由现金流率自由现金流/营收 | — | -2.1% |
| 资本支出强度资本支出/营收 | — | 5.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-20.3M |
8季度趋势，按日历期对齐
经营现金流DXCMMOD
| Q1 26 | — | — | ||
| Q4 25 | $294.0M | $24.7M | ||
| Q3 25 | $659.9M | $1.4M | ||
| Q2 25 | $303.0M | $27.7M | ||
| Q1 25 | $183.8M | $54.8M | ||
| Q4 24 | $301.4M | $60.7M | ||
| Q3 24 | $199.5M | $57.3M | ||
| Q2 24 | $279.4M | $40.5M |
自由现金流DXCMMOD
| Q1 26 | — | — | ||
| Q4 25 | $192.1M | $-17.1M | ||
| Q3 25 | $579.4M | $-30.5M | ||
| Q2 25 | $208.9M | $200.0K | ||
| Q1 25 | $96.8M | $27.1M | ||
| Q4 24 | $176.8M | $44.7M | ||
| Q3 24 | $88.3M | $43.8M | ||
| Q2 24 | $213.3M | $13.7M |
自由现金流率DXCMMOD
| Q1 26 | — | — | ||
| Q4 25 | 15.3% | -2.1% | ||
| Q3 25 | 47.9% | -4.1% | ||
| Q2 25 | 18.1% | 0.0% | ||
| Q1 25 | 9.3% | 4.2% | ||
| Q4 24 | 15.9% | 7.2% | ||
| Q3 24 | 8.9% | 6.7% | ||
| Q2 24 | 21.2% | 2.1% |
资本支出强度DXCMMOD
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 5.2% | ||
| Q3 25 | 6.7% | 4.3% | ||
| Q2 25 | 8.1% | 4.0% | ||
| Q1 25 | 8.4% | 4.3% | ||
| Q4 24 | 11.2% | 2.6% | ||
| Q3 24 | 11.2% | 2.1% | ||
| Q2 24 | 6.6% | 4.1% |
现金转化率DXCMMOD
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | — | ||
| Q3 25 | 2.33× | 0.03× | ||
| Q2 25 | 1.69× | 0.54× | ||
| Q1 25 | 1.74× | 1.10× | ||
| Q4 24 | 1.99× | 1.48× | ||
| Q3 24 | 1.48× | 1.24× | ||
| Q2 24 | 1.95× | 0.86× |
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
DXCM
暂无分部数据
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
