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FLOWSERVE CORP（FLS）与固瑞克（GGG）财务数据对比。点击上方公司名可切换其他公司
FLOWSERVE CORP的季度营收约是固瑞克的2.1倍（$1.2B vs $593.2M）。固瑞克净利率更高（22.3% vs -2.4%，领先24.7%）。固瑞克同比增速更快（8.1% vs 3.5%）。固瑞克自由现金流更多（$184.3M vs $-25.6M）。过去两年固瑞克的营收复合增速更高（9.8% vs 6.0%）
Flowserve是美国跨国企业，也是全球领先的工业及环保机械供应商之一，主营泵、阀门、端面机械密封、自动化产品及相关服务，覆盖电力、油气、化工等多个行业，总部位于得克萨斯州欧文市，在全球50多国拥有近1.6万名员工，同时提供完善的售后服务。
固瑞克（Graco Inc.）是总部位于美国明尼苏达州明尼阿波利斯的工业企业，专注于流体处理系统及相关产品的研发与制造，旗下产品销往全球各地，广泛应用于多个工业领域。
FLS vs GGG — 直观对比
营收规模更大
FLS
是对方的2.1倍
$593.2M
营收增速更快
GGG
高出4.6%
3.5%
净利率更高
GGG
高出24.7%
-2.4%
自由现金流更多
GGG
多$209.9M
$-25.6M
两年增速更快
GGG
近两年复合增速
6.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $593.2M |
| 净利润 | $-29.0M | $132.5M |
| 毛利率 | 34.8% | 51.7% |
| 营业利润率 | 3.5% | 26.7% |
| 净利率 | -2.4% | 22.3% |
| 营收同比 | 3.5% | 8.1% |
| 净利润同比 | -137.4% | 21.9% |
| 每股收益（稀释后） | $-0.21 | $0.78 |
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FLSGGG
| Q4 25 | $1.2B | $593.2M | ||
| Q3 25 | $1.2B | $543.4M | ||
| Q2 25 | $1.2B | $571.8M | ||
| Q1 25 | $1.1B | $528.3M | ||
| Q4 24 | $1.2B | $548.7M | ||
| Q3 24 | $1.1B | $519.2M | ||
| Q2 24 | $1.2B | $553.2M | ||
| Q1 24 | $1.1B | $492.2M |
净利润FLSGGG
| Q4 25 | $-29.0M | $132.5M | ||
| Q3 25 | $219.6M | $137.6M | ||
| Q2 25 | $81.8M | $127.6M | ||
| Q1 25 | $73.9M | $124.1M | ||
| Q4 24 | $77.5M | $108.7M | ||
| Q3 24 | $58.4M | $122.2M | ||
| Q2 24 | $72.6M | $133.0M | ||
| Q1 24 | $74.2M | $122.2M |
毛利率FLSGGG
| Q4 25 | 34.8% | 51.7% | ||
| Q3 25 | 32.4% | 53.2% | ||
| Q2 25 | 34.2% | 52.4% | ||
| Q1 25 | 32.3% | 52.6% | ||
| Q4 24 | 31.5% | 50.9% | ||
| Q3 24 | 31.5% | 53.2% | ||
| Q2 24 | 31.6% | 54.4% | ||
| Q1 24 | 31.2% | 54.1% |
营业利润率FLSGGG
| Q4 25 | 3.5% | 26.7% | ||
| Q3 25 | 6.7% | 30.3% | ||
| Q2 25 | 12.3% | 27.5% | ||
| Q1 25 | 11.5% | 27.3% | ||
| Q4 24 | 10.6% | 23.7% | ||
| Q3 24 | 9.1% | 28.1% | ||
| Q2 24 | 10.5% | 29.2% | ||
| Q1 24 | 10.4% | 27.0% |
净利率FLSGGG
| Q4 25 | -2.4% | 22.3% | ||
| Q3 25 | 18.7% | 25.3% | ||
| Q2 25 | 6.9% | 22.3% | ||
| Q1 25 | 6.5% | 23.5% | ||
| Q4 24 | 6.6% | 19.8% | ||
| Q3 24 | 5.2% | 23.5% | ||
| Q2 24 | 6.3% | 24.0% | ||
| Q1 24 | 6.8% | 24.8% |
每股收益（稀释后）FLSGGG
| Q4 25 | $-0.21 | $0.78 | ||
| Q3 25 | $1.67 | $0.82 | ||
| Q2 25 | $0.62 | $0.76 | ||
| Q1 25 | $0.56 | $0.72 | ||
| Q4 24 | $0.59 | $0.63 | ||
| Q3 24 | $0.44 | $0.71 | ||
| Q2 24 | $0.55 | $0.77 | ||
| Q1 24 | $0.56 | $0.71 |
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 | $760.2M | $624.1M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $2.2B | $2.7B |
| 总资产 | $5.7B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.72× | — |
8季度趋势，按日历期对齐
现金及短期投资FLSGGG
| Q4 25 | $760.2M | $624.1M | ||
| Q3 25 | — | $618.7M | ||
| Q2 25 | — | $534.9M | ||
| Q1 25 | — | $536.1M | ||
| Q4 24 | $675.4M | $675.3M | ||
| Q3 24 | — | $764.5M | ||
| Q2 24 | — | $666.0M | ||
| Q1 24 | — | $622.7M |
总债务FLSGGG
| Q4 25 | $1.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FLSGGG
| Q4 25 | $2.2B | $2.7B | ||
| Q3 25 | $2.3B | $2.6B | ||
| Q2 25 | $2.2B | $2.5B | ||
| Q1 25 | $2.1B | $2.5B | ||
| Q4 24 | $2.0B | $2.6B | ||
| Q3 24 | $2.1B | $2.5B | ||
| Q2 24 | $2.0B | $2.4B | ||
| Q1 24 | $2.0B | $2.3B |
总资产FLSGGG
| Q4 25 | $5.7B | $3.3B | ||
| Q3 25 | $5.8B | $3.2B | ||
| Q2 25 | $5.7B | $3.0B | ||
| Q1 25 | $5.5B | $3.0B | ||
| Q4 24 | $5.5B | $3.1B | ||
| Q3 24 | $5.3B | $3.0B | ||
| Q2 24 | $5.2B | $2.9B | ||
| Q1 24 | $5.1B | $2.8B |
负债/权益比FLSGGG
| Q4 25 | 0.72× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-174.0K | $196.3M |
| 自由现金流经营现金流 - 资本支出 | $-25.6M | $184.3M |
| 自由现金流率自由现金流/营收 | -2.1% | 31.1% |
| 资本支出强度资本支出/营收 | 2.1% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 1.48× |
| 过去12个月自由现金流最近4个季度 | $435.0M | $637.9M |
8季度趋势，按日历期对齐
经营现金流FLSGGG
| Q4 25 | $-174.0K | $196.3M | ||
| Q3 25 | $401.8M | $179.2M | ||
| Q2 25 | $154.1M | $182.7M | ||
| Q1 25 | $-49.9M | $125.4M | ||
| Q4 24 | $197.3M | $185.2M | ||
| Q3 24 | $178.5M | $178.6M | ||
| Q2 24 | $-12.8M | $139.0M | ||
| Q1 24 | $62.3M | $118.9M |
自由现金流FLSGGG
| Q4 25 | $-25.6M | $184.3M | ||
| Q3 25 | $384.7M | $175.7M | ||
| Q2 25 | $137.5M | $163.1M | ||
| Q1 25 | $-61.7M | $114.8M | ||
| Q4 24 | $168.5M | $171.3M | ||
| Q3 24 | $154.6M | $159.2M | ||
| Q2 24 | $-27.5M | $102.7M | ||
| Q1 24 | $48.6M | $81.7M |
自由现金流率FLSGGG
| Q4 25 | -2.1% | 31.1% | ||
| Q3 25 | 32.8% | 32.3% | ||
| Q2 25 | 11.6% | 28.5% | ||
| Q1 25 | -5.4% | 21.7% | ||
| Q4 24 | 14.3% | 31.2% | ||
| Q3 24 | 13.6% | 30.7% | ||
| Q2 24 | -2.4% | 18.6% | ||
| Q1 24 | 4.5% | 16.6% |
资本支出强度FLSGGG
| Q4 25 | 2.1% | 2.0% | ||
| Q3 25 | 1.5% | 0.6% | ||
| Q2 25 | 1.4% | 3.4% | ||
| Q1 25 | 1.0% | 2.0% | ||
| Q4 24 | 2.4% | 2.5% | ||
| Q3 24 | 2.1% | 3.7% | ||
| Q2 24 | 1.3% | 6.6% | ||
| Q1 24 | 1.3% | 7.6% |
现金转化率FLSGGG
| Q4 25 | — | 1.48× | ||
| Q3 25 | 1.83× | 1.30× | ||
| Q2 25 | 1.89× | 1.43× | ||
| Q1 25 | -0.68× | 1.01× | ||
| Q4 24 | 2.55× | 1.70× | ||
| Q3 24 | 3.06× | 1.46× | ||
| Q2 24 | -0.18× | 1.05× | ||
| Q1 24 | 0.84× | 0.97× |
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
FLS
| Aftermarket Equipment | $563.4M | 46% |
| FCD | $390.3M | 32% |
| Original Equipment | $268.5M | 22% |
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
