vs
Fortive（FTV）与赫克（HURC）财务数据对比。点击上方公司名可切换其他公司
Fortive的季度营收约是赫克的3.1倍（$139.0M vs $45.5M）。Fortive净利率更高（133.6% vs -6.7%，领先140.3%）。赫克同比增速更快（-15.3% vs -91.4%）。Fortive自由现金流更多（$335.5M vs $3.6M）。过去两年赫克的营收复合增速更高（0.5% vs -69.8%）
Fortive是总部位于美国华盛顿州埃弗里特的工业科技集团，专注于提供互联工作流解决方案所需的核心技术，研发、生产及销售专业工程类产品、软件与服务，旗下业务分为智能运营解决方案、精密技术、先进医疗解决方案三大战略板块。
赫克公司是全球工业技术企业，主营数控（CNC）机床及配套控制软件的设计、生产与销售，产品涵盖各类加工中心、车削中心等，服务航空航天、汽车、能源、通用金属加工等领域客户，业务覆盖欧美及亚太市场。
FTV vs HURC — 直观对比
营收规模更大
FTV
是对方的3.1倍
$45.5M
营收增速更快
HURC
高出76.1%
-91.4%
净利率更高
FTV
高出140.3%
-6.7%
自由现金流更多
FTV
多$331.9M
$3.6M
两年增速更快
HURC
近两年复合增速
-69.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $139.0M | $45.5M |
| 净利润 | $185.7M | $-3.0M |
| 毛利率 | — | 17.0% |
| 营业利润率 | 75.4% | -7.6% |
| 净利率 | 133.6% | -6.7% |
| 营收同比 | -91.4% | -15.3% |
| 净利润同比 | -11.1% | -110.9% |
| 每股收益（稀释后） | $0.58 | $-0.47 |
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FTVHURC
| Q4 25 | $139.0M | $45.5M | ||
| Q3 25 | $1.0B | $45.8M | ||
| Q2 25 | $1.5B | $40.9M | ||
| Q1 25 | $1.5B | $46.4M | ||
| Q4 24 | $1.6B | $53.7M | ||
| Q3 24 | $1.5B | $42.7M | ||
| Q2 24 | $1.6B | $45.2M | ||
| Q1 24 | $1.5B | $45.1M |
净利润FTVHURC
| Q4 25 | $185.7M | $-3.0M | ||
| Q3 25 | $55.0M | $-3.7M | ||
| Q2 25 | $166.6M | $-4.1M | ||
| Q1 25 | $171.9M | $-4.3M | ||
| Q4 24 | $208.8M | $-1.4M | ||
| Q3 24 | $221.6M | $-9.6M | ||
| Q2 24 | $195.1M | $-3.9M | ||
| Q1 24 | $207.4M | $-1.6M |
毛利率FTVHURC
| Q4 25 | — | 17.0% | ||
| Q3 25 | 63.2% | 19.9% | ||
| Q2 25 | 59.0% | 19.2% | ||
| Q1 25 | 59.8% | 17.9% | ||
| Q4 24 | 60.3% | 22.7% | ||
| Q3 24 | 60.0% | 18.4% | ||
| Q2 24 | 59.8% | 17.8% | ||
| Q1 24 | 59.3% | 21.5% |
营业利润率FTVHURC
| Q4 25 | 75.4% | -7.6% | ||
| Q3 25 | 15.5% | -3.6% | ||
| Q2 25 | 14.6% | -7.5% | ||
| Q1 25 | 15.8% | -4.5% | ||
| Q4 24 | 19.0% | -0.9% | ||
| Q3 24 | 19.3% | -5.9% | ||
| Q2 24 | 19.4% | -7.6% | ||
| Q1 24 | 19.8% | -4.0% |
净利率FTVHURC
| Q4 25 | 133.6% | -6.7% | ||
| Q3 25 | 5.4% | -8.1% | ||
| Q2 25 | 11.0% | -9.9% | ||
| Q1 25 | 11.7% | -9.3% | ||
| Q4 24 | 12.9% | -2.7% | ||
| Q3 24 | 14.4% | -22.5% | ||
| Q2 24 | 12.6% | -8.7% | ||
| Q1 24 | 13.6% | -3.7% |
每股收益（稀释后）FTVHURC
| Q4 25 | $0.58 | $-0.47 | ||
| Q3 25 | $0.16 | $-0.58 | ||
| Q2 25 | $0.49 | $-0.62 | ||
| Q1 25 | $0.50 | $-0.67 | ||
| Q4 24 | $0.60 | $-0.23 | ||
| Q3 24 | $0.63 | $-1.47 | ||
| Q2 24 | $0.55 | $-0.61 | ||
| Q1 24 | $0.58 | $-0.25 |
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 | $375.5M | $48.7M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $6.5B | $198.8M |
| 总资产 | $11.7B | $264.3M |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资FTVHURC
| Q4 25 | $375.5M | $48.7M | ||
| Q3 25 | $430.8M | $44.5M | ||
| Q2 25 | $1.8B | $43.8M | ||
| Q1 25 | $892.1M | $41.8M | ||
| Q4 24 | $813.3M | $33.3M | ||
| Q3 24 | $811.3M | $36.1M | ||
| Q2 24 | $644.1M | $37.5M | ||
| Q1 24 | $704.6M | $37.9M |
总债务FTVHURC
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.9B | — |
股东权益FTVHURC
| Q4 25 | $6.5B | $198.8M | ||
| Q3 25 | $6.5B | $203.7M | ||
| Q2 25 | $10.4B | $202.3M | ||
| Q1 25 | $10.2B | $198.1M | ||
| Q4 24 | $10.2B | $207.2M | ||
| Q3 24 | $10.6B | $206.6M | ||
| Q2 24 | $10.5B | $215.6M | ||
| Q1 24 | $10.5B | $224.6M |
总资产FTVHURC
| Q4 25 | $11.7B | $264.3M | ||
| Q3 25 | $11.9B | $269.1M | ||
| Q2 25 | $18.2B | $262.5M | ||
| Q1 25 | $17.1B | $255.8M | ||
| Q4 24 | $17.0B | $268.6M | ||
| Q3 24 | $17.5B | $272.4M | ||
| Q2 24 | $17.3B | $280.8M | ||
| Q1 24 | $17.5B | $290.1M |
负债/权益比FTVHURC
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 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 | $365.9M | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $335.5M | $3.6M |
| 自由现金流率自由现金流/营收 | 241.4% | 8.0% |
| 资本支出强度资本支出/营收 | 21.9% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.97× | — |
| 过去12个月自由现金流最近4个季度 | $978.1M | $16.7M |
8季度趋势，按日历期对齐
经营现金流FTVHURC
| Q4 25 | $365.9M | $3.7M | ||
| Q3 25 | $164.4M | $2.5M | ||
| Q2 25 | $311.2M | $997.0K | ||
| Q1 25 | $241.7M | $10.3M | ||
| Q4 24 | $502.2M | $-1.2M | ||
| Q3 24 | $459.0M | $-622.0K | ||
| Q2 24 | $308.9M | $1.9M | ||
| Q1 24 | $256.7M | $-2.6M |
自由现金流FTVHURC
| Q4 25 | $335.5M | $3.6M | ||
| Q3 25 | $153.1M | $2.1M | ||
| Q2 25 | $274.5M | $689.0K | ||
| Q1 25 | $215.0M | $10.2M | ||
| Q4 24 | $465.2M | $-1.7M | ||
| Q3 24 | $431.2M | $-841.0K | ||
| Q2 24 | $279.7M | $1.7M | ||
| Q1 24 | $230.3M | $-3.0M |
自由现金流率FTVHURC
| Q4 25 | 241.4% | 8.0% | ||
| Q3 25 | 14.9% | 4.5% | ||
| Q2 25 | 18.1% | 1.7% | ||
| Q1 25 | 14.6% | 22.1% | ||
| Q4 24 | 28.7% | -3.1% | ||
| Q3 24 | 28.1% | -2.0% | ||
| Q2 24 | 18.0% | 3.9% | ||
| Q1 24 | 15.1% | -6.7% |
资本支出强度FTVHURC
| Q4 25 | 21.9% | 0.1% | ||
| Q3 25 | 1.1% | 1.0% | ||
| Q2 25 | 2.4% | 0.8% | ||
| Q1 25 | 1.8% | 0.2% | ||
| Q4 24 | 2.3% | 0.8% | ||
| Q3 24 | 1.8% | 0.5% | ||
| Q2 24 | 1.9% | 0.3% | ||
| Q1 24 | 1.7% | 1.0% |
现金转化率FTVHURC
| Q4 25 | 1.97× | — | ||
| Q3 25 | 2.99× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.41× | — | ||
| Q4 24 | 2.41× | — | ||
| Q3 24 | 2.07× | — | ||
| Q2 24 | 1.58× | — | ||
| Q1 24 | 1.24× | — |
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
FTV
| Services | $137.9M | 99% |
| Products | $1.1M | 1% |
HURC
| Computerized Machine Tools | $35.9M | 79% |
| Service Parts | $6.7M | 15% |
| Service Fees | $2.3M | 5% |
