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格罗方德（GFS）与Worthington Steel, Inc.（WS）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是Worthington Steel, Inc.的1.9倍（$1.7B vs $871.9M），格罗方德净利率更高（14.8% vs 2.2%，领先12.6%），Worthington Steel, Inc.同比增速更快（18.0% vs -2.9%），过去两年Worthington Steel, Inc.的营收复合增速更高（3.9% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
GFS vs WS — 直观对比
营收规模更大
GFS
是对方的1.9倍
$871.9M
营收增速更快
WS
高出20.9%
-2.9%
净利率更高
GFS
高出12.6%
2.2%
两年增速更快
WS
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $871.9M |
| 净利润 | $249.0M | $18.8M |
| 毛利率 | 24.8% | 10.7% |
| 营业利润率 | 11.6% | 2.5% |
| 净利率 | 14.8% | 2.2% |
| 营收同比 | -2.9% | 18.0% |
| 净利润同比 | 39.9% | 46.9% |
| 每股收益（稀释后） | $0.44 | $0.37 |
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GFSWS
| Q4 25 | — | $871.9M | ||
| Q3 25 | $1.7B | $872.9M | ||
| Q2 25 | $1.7B | $832.9M | ||
| Q1 25 | $1.6B | $687.4M | ||
| Q4 24 | — | $739.0M | ||
| Q3 24 | $1.7B | $834.0M | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.5B | $805.8M |
净利润GFSWS
| Q4 25 | — | $18.8M | ||
| Q3 25 | $249.0M | $36.8M | ||
| Q2 25 | $228.0M | $55.7M | ||
| Q1 25 | $211.0M | $13.8M | ||
| Q4 24 | — | $12.8M | ||
| Q3 24 | $178.0M | $28.4M | ||
| Q2 24 | $155.0M | — | ||
| Q1 24 | $134.0M | $49.0M |
毛利率GFSWS
| Q4 25 | — | 10.7% | ||
| Q3 25 | 24.8% | 13.2% | ||
| Q2 25 | 24.2% | 15.2% | ||
| Q1 25 | 22.4% | 11.8% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | 23.8% | 12.0% | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 25.4% | 14.9% |
营业利润率GFSWS
| Q4 25 | — | 2.5% | ||
| Q3 25 | 11.6% | 5.5% | ||
| Q2 25 | 11.6% | 8.0% | ||
| Q1 25 | 9.5% | 2.7% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 10.6% | 5.2% | ||
| Q2 24 | 9.5% | — | ||
| Q1 24 | 9.5% | 8.2% |
净利率GFSWS
| Q4 25 | — | 2.2% | ||
| Q3 25 | 14.8% | 4.2% | ||
| Q2 25 | 13.5% | 6.7% | ||
| Q1 25 | 13.3% | 2.0% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | 10.2% | 3.4% | ||
| Q2 24 | 9.5% | — | ||
| Q1 24 | 8.7% | 6.1% |
每股收益（稀释后）GFSWS
| Q4 25 | — | $0.37 | ||
| Q3 25 | $0.44 | $0.72 | ||
| Q2 25 | $0.41 | $1.11 | ||
| Q1 25 | $0.38 | $0.27 | ||
| Q4 24 | — | $0.25 | ||
| Q3 24 | $0.32 | $0.56 | ||
| Q2 24 | $0.28 | — | ||
| Q1 24 | $0.24 | $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 | $2.0B | $89.8M |
| 总债务越低越好 | — | $72.1M |
| 股东权益账面价值 | $11.8B | $1.1B |
| 总资产 | $16.7B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资GFSWS
| Q4 25 | — | $89.8M | ||
| Q3 25 | $2.0B | $78.3M | ||
| Q2 25 | $1.8B | $38.0M | ||
| Q1 25 | $1.6B | $63.3M | ||
| Q4 24 | — | $52.0M | ||
| Q3 24 | $2.3B | $36.0M | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | $60.8M |
总债务GFSWS
| Q4 25 | — | $72.1M | ||
| Q3 25 | — | $73.4M | ||
| Q2 25 | — | $151.5M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $115.0M | ||
| Q3 24 | — | $122.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $147.2M |
股东权益GFSWS
| Q4 25 | — | $1.1B | ||
| Q3 25 | $11.8B | $1.1B | ||
| Q2 25 | $11.5B | $1.1B | ||
| Q1 25 | $11.1B | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $11.6B | $1.0B | ||
| Q2 24 | $11.3B | — | ||
| Q1 24 | $11.3B | $937.6M |
总资产GFSWS
| Q4 25 | — | $2.1B | ||
| Q3 25 | $16.7B | $2.2B | ||
| Q2 25 | $16.8B | $2.0B | ||
| Q1 25 | $16.5B | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $18.1B | $1.8B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.8B |
负债/权益比GFSWS
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.16× |
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 | $595.0M | $99.3M |
| 自由现金流经营现金流 - 资本支出 | — | $74.6M |
| 自由现金流率自由现金流/营收 | — | 8.6% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | 2.39× | 5.28× |
| 过去12个月自由现金流最近4个季度 | — | $72.5M |
8季度趋势，按日历期对齐
经营现金流GFSWS
| Q4 25 | — | $99.3M | ||
| Q3 25 | $595.0M | $-6.3M | ||
| Q2 25 | $431.0M | $53.9M | ||
| Q1 25 | $331.0M | $53.8M | ||
| Q4 24 | — | $68.0M | ||
| Q3 24 | $375.0M | $54.6M | ||
| Q2 24 | $402.0M | — | ||
| Q1 24 | $488.0M | $44.7M |
自由现金流GFSWS
| Q4 25 | — | $74.6M | ||
| Q3 25 | — | $-35.7M | ||
| Q2 25 | — | $8.4M | ||
| Q1 25 | — | $25.2M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | — | $33.1M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $22.3M |
自由现金流率GFSWS
| Q4 25 | — | 8.6% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.8% |
资本支出强度GFSWS
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.8% |
现金转化率GFSWS
| Q4 25 | — | 5.28× | ||
| Q3 25 | 2.39× | -0.17× | ||
| Q2 25 | 1.89× | 0.97× | ||
| Q1 25 | 1.57× | 3.90× | ||
| Q4 24 | — | 5.31× | ||
| Q3 24 | 2.11× | 1.92× | ||
| Q2 24 | 2.59× | — | ||
| Q1 24 | 3.64× | 0.91× |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
