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伊萨（ESAB）与EPLUS INC（PLUS）财务数据对比。点击上方公司名可切换其他公司
伊萨的季度营收约是EPLUS INC的1.2倍（$745.6M vs $614.8M），伊萨净利率更高（6.6% vs 5.7%，领先0.9%），EPLUS INC同比增速更快（20.3% vs 9.9%），过去两年伊萨的营收复合增速更高（4.0% vs 2.3%）
ESAB（全称Elektriska Svetsnings-Aktiebolaget）是一家美国与瑞典合资的跨国工业企业，主营焊接、切割设备及配套耗材的研发、生产与销售，为全球制造业、基建等多领域客户提供专业可靠的工业解决方案，在全球工业市场拥有较高知名度。
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
ESAB vs PLUS — 直观对比
营收规模更大
ESAB
是对方的1.2倍
$614.8M
营收增速更快
PLUS
高出10.4%
9.9%
净利率更高
ESAB
高出0.9%
5.7%
两年增速更快
ESAB
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $745.6M | $614.8M |
| 净利润 | $49.2M | $35.1M |
| 毛利率 | 36.9% | 25.8% |
| 营业利润率 | 12.1% | 7.1% |
| 净利率 | 6.6% | 5.7% |
| 营收同比 | 9.9% | 20.3% |
| 净利润同比 | -29.3% | 45.2% |
| 每股收益（稀释后） | $0.78 | $1.33 |
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ESABPLUS
| Q1 26 | $745.6M | — | ||
| Q4 25 | $727.8M | $614.8M | ||
| Q3 25 | $715.6M | $608.8M | ||
| Q2 25 | $678.1M | $637.3M | ||
| Q4 24 | $670.8M | $493.2M | ||
| Q3 24 | $673.3M | $493.4M | ||
| Q2 24 | $707.1M | $535.7M | ||
| Q1 24 | $689.7M | — |
净利润ESABPLUS
| Q1 26 | $49.2M | — | ||
| Q4 25 | $54.8M | $35.1M | ||
| Q3 25 | $66.9M | $34.9M | ||
| Q2 25 | $67.4M | $37.7M | ||
| Q4 24 | $53.7M | $24.1M | ||
| Q3 24 | $68.2M | $31.3M | ||
| Q2 24 | $82.9M | $27.3M | ||
| Q1 24 | $60.0M | — |
毛利率ESABPLUS
| Q1 26 | 36.9% | — | ||
| Q4 25 | 37.0% | 25.8% | ||
| Q3 25 | 37.2% | 26.6% | ||
| Q2 25 | 37.6% | 23.3% | ||
| Q4 24 | 38.5% | 25.4% | ||
| Q3 24 | 37.7% | 25.8% | ||
| Q2 24 | 38.2% | 23.7% | ||
| Q1 24 | 37.0% | — |
营业利润率ESABPLUS
| Q1 26 | 12.1% | — | ||
| Q4 25 | 14.6% | 7.1% | ||
| Q3 25 | 15.2% | 8.0% | ||
| Q2 25 | 16.2% | 5.7% | ||
| Q4 24 | 16.6% | 3.3% | ||
| Q3 24 | 15.7% | 5.5% | ||
| Q2 24 | 16.9% | 5.9% | ||
| Q1 24 | 16.0% | — |
净利率ESABPLUS
| Q1 26 | 6.6% | — | ||
| Q4 25 | 7.5% | 5.7% | ||
| Q3 25 | 9.3% | 5.7% | ||
| Q2 25 | 9.9% | 5.9% | ||
| Q4 24 | 8.0% | 4.9% | ||
| Q3 24 | 10.1% | 6.3% | ||
| Q2 24 | 11.7% | 5.1% | ||
| Q1 24 | 8.7% | — |
每股收益（稀释后）ESABPLUS
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.90 | $1.33 | ||
| Q3 25 | $1.09 | $1.32 | ||
| Q2 25 | $1.10 | $1.43 | ||
| Q4 24 | $0.87 | $0.91 | ||
| Q3 24 | $1.11 | $1.17 | ||
| Q2 24 | $1.35 | $1.02 | ||
| Q1 24 | $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 | $1.0B | $326.3M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.2B | $1.1B |
| 总资产 | $5.6B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.91× | — |
8季度趋势，按日历期对齐
现金及短期投资ESABPLUS
| Q1 26 | $1.0B | — | ||
| Q4 25 | $218.2M | $326.3M | ||
| Q3 25 | $258.2M | $402.2M | ||
| Q2 25 | $291.3M | $480.2M | ||
| Q4 24 | $249.4M | $253.1M | ||
| Q3 24 | $253.7M | $187.5M | ||
| Q2 24 | $228.5M | $349.9M | ||
| Q1 24 | $76.5M | — |
总债务ESABPLUS
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $992.8M | — |
股东权益ESABPLUS
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.1B | $1.0B | ||
| Q2 25 | $1.9B | $1.0B | ||
| Q4 24 | $1.8B | $962.3M | ||
| Q3 24 | $1.8B | $947.0M | ||
| Q2 24 | $1.7B | $921.9M | ||
| Q1 24 | $1.6B | — |
总资产ESABPLUS
| Q1 26 | $5.6B | — | ||
| Q4 25 | $4.9B | $1.8B | ||
| Q3 25 | $4.4B | $1.8B | ||
| Q2 25 | $4.2B | $1.8B | ||
| Q4 24 | $4.0B | $1.8B | ||
| Q3 24 | $4.1B | $1.7B | ||
| Q2 24 | $4.0B | $1.7B | ||
| Q1 24 | $3.8B | — |
负债/权益比ESABPLUS
| Q1 26 | 0.91× | — | ||
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.55× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 0.61× | — |
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 | $46.9M | $-87.4M |
| 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 | 0.95× | -2.49× |
| 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ESABPLUS
| Q1 26 | $46.9M | — | ||
| Q4 25 | $81.5M | $-87.4M | ||
| Q3 25 | $46.6M | $-34.8M | ||
| Q2 25 | $35.4M | $-99.0M | ||
| Q4 24 | $126.9M | $65.7M | ||
| Q3 24 | $101.0M | $-21.6M | ||
| Q2 24 | $83.0M | $97.1M | ||
| Q1 24 | $44.5M | — |
自由现金流ESABPLUS
| Q1 26 | — | — | ||
| Q4 25 | $70.3M | — | ||
| Q3 25 | $37.4M | — | ||
| Q2 25 | $28.1M | — | ||
| Q4 24 | $102.2M | — | ||
| Q3 24 | $90.4M | — | ||
| Q2 24 | $74.0M | — | ||
| Q1 24 | $37.1M | — |
自由现金流率ESABPLUS
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 4.1% | — | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 13.4% | — | ||
| Q2 24 | 10.5% | — | ||
| Q1 24 | 5.4% | — |
资本支出强度ESABPLUS
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.1% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 1.1% | — |
现金转化率ESABPLUS
| Q1 26 | 0.95× | — | ||
| Q4 25 | 1.49× | -2.49× | ||
| Q3 25 | 0.70× | -1.00× | ||
| Q2 25 | 0.53× | -2.63× | ||
| Q4 24 | 2.36× | 2.72× | ||
| Q3 24 | 1.48× | -0.69× | ||
| Q2 24 | 1.00× | 3.55× | ||
| Q1 24 | 0.74× | — |
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
ESAB
暂无分部数据
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
