vs
艺康（ECL）与特灵科技（TT）财务数据对比。点击上方公司名可切换其他公司
特灵科技的季度营收约是艺康的1.3倍（$5.1B vs $4.1B），特灵科技净利率更高（11.5% vs 10.6%，领先0.9%），艺康同比增速更快（10.0% vs 5.5%），过去两年特灵科技的营收复合增速更高（10.5% vs 1.0%）
艺康（Ecolab）总部位于美国明尼苏达州圣保罗市，是全球领先的水处理、清洁消毒与卫生防护产品提供商，核心客户群体覆盖各领域商业机构与工业企业，可助力客户提升运营效率、保障公共卫生安全、实现可持续发展。
特灵科技是一家注册地位于爱尔兰的企业，核心业务覆盖采暖、通风、空调及制冷系统领域。品牌历史可追溯至150多年前，历经多次并购与分拆：2008年暖通空调厂商特灵被美国工业工具制造商英格索兰收购，2020年工具业务分拆独立为英格索兰，剩余业务正式更名特灵科技。
ECL vs TT — 直观对比
营收规模更大
TT
是对方的1.3倍
$4.1B
营收增速更快
ECL
高出4.5%
5.5%
净利率更高
TT
高出0.9%
10.6%
两年增速更快
TT
近两年复合增速
1.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.1B | $5.1B |
| 净利润 | $432.6M | $591.3M |
| 毛利率 | — | — |
| 营业利润率 | 15.3% | 15.9% |
| 净利率 | 10.6% | 11.5% |
| 营收同比 | 10.0% | 5.5% |
| 净利润同比 | 1.3% | -2.2% |
| 每股收益（稀释后） | $1.52 | $2.64 |
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ECLTT
| Q2 26 | $4.1B | — | ||
| Q4 25 | $4.2B | $5.1B | ||
| Q3 25 | $4.2B | $5.7B | ||
| Q2 25 | $4.0B | $5.7B | ||
| Q1 25 | $3.7B | $4.7B | ||
| Q4 24 | $4.0B | $4.9B | ||
| Q3 24 | $4.0B | $5.4B | ||
| Q2 24 | $4.0B | $5.3B |
净利润ECLTT
| Q2 26 | $432.6M | — | ||
| Q4 25 | $563.9M | $591.3M | ||
| Q3 25 | $585.0M | $847.6M | ||
| Q2 25 | $524.2M | $874.8M | ||
| Q1 25 | $402.5M | $604.9M | ||
| Q4 24 | $472.9M | $604.3M | ||
| Q3 24 | $736.5M | $772.0M | ||
| Q2 24 | $490.9M | $755.3M |
毛利率ECLTT
| Q2 26 | — | — | ||
| Q4 25 | 44.0% | — | ||
| Q3 25 | 44.8% | 36.9% | ||
| Q2 25 | 44.8% | 37.6% | ||
| Q1 25 | 44.2% | 35.8% | ||
| Q4 24 | 43.3% | — | ||
| Q3 24 | 43.4% | 36.3% | ||
| Q2 24 | 43.8% | 36.5% |
营业利润率ECLTT
| Q2 26 | 15.3% | — | ||
| Q4 25 | 17.0% | 15.9% | ||
| Q3 25 | 18.3% | 20.3% | ||
| Q2 25 | 17.6% | 20.3% | ||
| Q1 25 | 15.0% | 17.5% | ||
| Q4 24 | 14.6% | 16.6% | ||
| Q3 24 | 26.1% | 18.8% | ||
| Q2 24 | 16.5% | 19.5% |
净利率ECLTT
| Q2 26 | 10.6% | — | ||
| Q4 25 | 13.4% | 11.5% | ||
| Q3 25 | 14.0% | 14.8% | ||
| Q2 25 | 13.0% | 15.2% | ||
| Q1 25 | 10.9% | 12.9% | ||
| Q4 24 | 11.8% | 12.4% | ||
| Q3 24 | 18.4% | 14.2% | ||
| Q2 24 | 12.3% | 14.2% |
每股收益（稀释后）ECLTT
| Q2 26 | $1.52 | — | ||
| Q4 25 | $1.98 | $2.64 | ||
| Q3 25 | $2.05 | $3.78 | ||
| Q2 25 | $1.84 | $3.89 | ||
| Q1 25 | $1.41 | $2.67 | ||
| Q4 24 | $1.65 | $2.65 | ||
| Q3 24 | $2.58 | $3.39 | ||
| Q2 24 | $1.71 | $3.30 |
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 | $519.8K | $1.8B |
| 总债务越低越好 | $8.5M | $4.6B |
| 股东权益账面价值 | $10.0M | $8.6B |
| 总资产 | $25.0M | $21.4B |
| 负债/权益比越低杠杆越低 | 0.85× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资ECLTT
| Q2 26 | $519.8K | — | ||
| Q4 25 | $646.2M | $1.8B | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $384.0M | — |
总债务ECLTT
| Q2 26 | $8.5M | — | ||
| Q4 25 | $7.4B | $4.6B | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $7.5B | — | ||
| Q1 25 | $7.0B | — | ||
| Q4 24 | $6.9B | $4.8B | ||
| Q3 24 | $7.0B | — | ||
| Q2 24 | $7.5B | — |
股东权益ECLTT
| Q2 26 | $10.0M | — | ||
| Q4 25 | $9.8B | $8.6B | ||
| Q3 25 | $9.7B | $8.3B | ||
| Q2 25 | $9.3B | $7.8B | ||
| Q1 25 | $8.9B | $7.5B | ||
| Q4 24 | $8.8B | $7.5B | ||
| Q3 24 | $8.5B | $7.6B | ||
| Q2 24 | $8.3B | $6.9B |
总资产ECLTT
| Q2 26 | $25.0M | — | ||
| Q4 25 | $24.7B | $21.4B | ||
| Q3 25 | $23.9B | $21.4B | ||
| Q2 25 | $23.7B | $21.0B | ||
| Q1 25 | $22.4B | $20.1B | ||
| Q4 24 | $22.4B | $20.1B | ||
| Q3 24 | $22.1B | $20.9B | ||
| Q2 24 | $21.5B | $20.2B |
负债/权益比ECLTT
| Q2 26 | 0.85× | — | ||
| Q4 25 | 0.75× | 0.54× | ||
| Q3 25 | 0.83× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | 0.79× | — | ||
| Q4 24 | 0.79× | 0.64× | ||
| Q3 24 | 0.82× | — | ||
| Q2 24 | 0.91× | — |
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 | — | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | 1.96× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ECLTT
| Q2 26 | — | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $791.3M | $1.0B | ||
| Q2 25 | $701.8M | $692.1M | ||
| Q1 25 | $369.4M | $339.5M | ||
| Q4 24 | $766.7M | $899.9M | ||
| Q3 24 | $786.7M | $1.3B | ||
| Q2 24 | $611.1M | $695.9M |
自由现金流ECLTT
| Q2 26 | — | — | ||
| Q4 25 | $758.0M | — | ||
| Q3 25 | $529.7M | $935.6M | ||
| Q2 25 | $485.1M | $602.2M | ||
| Q1 25 | $131.5M | $220.6M | ||
| Q4 24 | $407.0M | $774.3M | ||
| Q3 24 | $550.3M | $1.2B | ||
| Q2 24 | $414.2M | $623.0M |
自由现金流率ECLTT
| Q2 26 | — | — | ||
| Q4 25 | 18.1% | — | ||
| Q3 25 | 12.7% | 16.3% | ||
| Q2 25 | 12.1% | 10.5% | ||
| Q1 25 | 3.6% | 4.7% | ||
| Q4 24 | 10.2% | 15.9% | ||
| Q3 24 | 13.8% | 22.3% | ||
| Q2 24 | 10.4% | 11.7% |
资本支出强度ECLTT
| Q2 26 | — | — | ||
| Q4 25 | 7.9% | — | ||
| Q3 25 | 6.3% | 1.2% | ||
| Q2 25 | 5.4% | 1.6% | ||
| Q1 25 | 6.4% | 2.5% | ||
| Q4 24 | 9.0% | 2.6% | ||
| Q3 24 | 5.9% | 1.6% | ||
| Q2 24 | 4.9% | 1.4% |
现金转化率ECLTT
| Q2 26 | — | — | ||
| Q4 25 | 1.93× | 1.96× | ||
| Q3 25 | 1.35× | 1.18× | ||
| Q2 25 | 1.34× | 0.79× | ||
| Q1 25 | 0.92× | 0.56× | ||
| Q4 24 | 1.62× | 1.49× | ||
| Q3 24 | 1.07× | 1.69× | ||
| Q2 24 | 1.24× | 0.92× |
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
ECL
| Product and equipment sales | $3.2B | 78% |
| Service and lease sales | $891.5M | 22% |
TT
| Services | $2.8B | 55% |
| Other | $2.3B | 45% |
