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盖茨工业（GTES）与MIDDLEBY Corp（MIDD）财务数据对比。点击上方公司名可切换其他公司
MIDDLEBY Corp的季度营收约是盖茨工业的1.0倍（$866.4M vs $856.2M），盖茨工业净利率更高（6.0% vs 4.3%，领先1.7%），盖茨工业同比增速更快（3.2% vs -30.6%），盖茨工业自由现金流更多（$251.0M vs $165.5M），过去两年盖茨工业的营收复合增速更高（-0.4% vs -3.3%）
盖茨工业总部位于美国科罗拉多州丹佛市，是动力传动带及流体动力产品的专业制造商，产品广泛应用于各类工业和汽车领域。公司员工规模超1.5万人，在美洲、欧洲、亚洲、澳洲及中东均设有销售和生产基地。
美国Middleby公司是总部位于伊利诺伊州埃尔金的上市企业，主营商用烹饪设备、工业加工设备及民用家电，其商用烹饪设备业务覆盖美国及全球前100家餐饮连锁品牌中的97家，是全球餐饮设备领域的领先供应商。
GTES vs MIDD — 直观对比
营收规模更大
MIDD
是对方的1.0倍
$856.2M
营收增速更快
GTES
高出33.8%
-30.6%
净利率更高
GTES
高出1.7%
4.3%
自由现金流更多
GTES
多$85.5M
$165.5M
两年增速更快
GTES
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $856.2M | $866.4M |
| 净利润 | $51.3M | $36.9M |
| 毛利率 | 38.0% | 38.8% |
| 营业利润率 | 12.8% | 17.3% |
| 净利率 | 6.0% | 4.3% |
| 营收同比 | 3.2% | -30.6% |
| 净利润同比 | 40.2% | -67.1% |
| 每股收益（稀释后） | $0.19 | $0.74 |
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GTESMIDD
| Q4 25 | $856.2M | $866.4M | ||
| Q3 25 | $855.7M | $982.1M | ||
| Q2 25 | $883.7M | $977.9M | ||
| Q1 25 | $847.6M | $906.6M | ||
| Q4 24 | $829.4M | $1.0B | ||
| Q3 24 | $830.7M | $942.8M | ||
| Q2 24 | $885.5M | $991.5M | ||
| Q1 24 | $862.6M | $926.9M |
净利润GTESMIDD
| Q4 25 | $51.3M | $36.9M | ||
| Q3 25 | $81.6M | $-513.0M | ||
| Q2 25 | $56.5M | $106.0M | ||
| Q1 25 | $62.0M | $92.4M | ||
| Q4 24 | $36.6M | $112.3M | ||
| Q3 24 | $47.6M | $114.2M | ||
| Q2 24 | $70.7M | $115.4M | ||
| Q1 24 | $40.0M | $86.6M |
毛利率GTESMIDD
| Q4 25 | 38.0% | 38.8% | ||
| Q3 25 | 39.9% | 36.8% | ||
| Q2 25 | 40.8% | 38.0% | ||
| Q1 25 | 40.7% | 38.2% | ||
| Q4 24 | 40.4% | 38.4% | ||
| Q3 24 | 40.4% | 37.7% | ||
| Q2 24 | 40.4% | 38.3% | ||
| Q1 24 | 38.3% | 37.4% |
营业利润率GTESMIDD
| Q4 25 | 12.8% | 17.3% | ||
| Q3 25 | 13.5% | -56.4% | ||
| Q2 25 | 13.1% | 15.9% | ||
| Q1 25 | 14.7% | 15.5% | ||
| Q4 24 | 13.6% | 16.8% | ||
| Q3 24 | 13.6% | 18.4% | ||
| Q2 24 | 15.4% | 17.7% | ||
| Q1 24 | 13.5% | 14.8% |
净利率GTESMIDD
| Q4 25 | 6.0% | 4.3% | ||
| Q3 25 | 9.5% | -52.2% | ||
| Q2 25 | 6.4% | 10.8% | ||
| Q1 25 | 7.3% | 10.2% | ||
| Q4 24 | 4.4% | 11.1% | ||
| Q3 24 | 5.7% | 12.1% | ||
| Q2 24 | 8.0% | 11.6% | ||
| Q1 24 | 4.6% | 9.3% |
每股收益（稀释后）GTESMIDD
| Q4 25 | $0.19 | $0.74 | ||
| Q3 25 | $0.31 | $-10.15 | ||
| Q2 25 | $0.22 | $1.99 | ||
| Q1 25 | $0.24 | $1.69 | ||
| Q4 24 | $0.15 | $2.07 | ||
| Q3 24 | $0.18 | $2.11 | ||
| Q2 24 | $0.26 | $2.13 | ||
| Q1 24 | $0.15 | $1.59 |
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 | $812.1M | $222.2M |
| 总债务越低越好 | $2.2B | $2.2B |
| 股东权益账面价值 | $3.3B | $2.8B |
| 总资产 | $7.2B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.67× | 0.78× |
8季度趋势，按日历期对齐
现金及短期投资GTESMIDD
| Q4 25 | $812.1M | $222.2M | ||
| Q3 25 | $689.4M | $175.1M | ||
| Q2 25 | $719.7M | $511.5M | ||
| Q1 25 | $640.2M | $745.1M | ||
| Q4 24 | $682.0M | $689.5M | ||
| Q3 24 | $574.4M | $606.0M | ||
| Q2 24 | $579.7M | $459.5M | ||
| Q1 24 | $522.2M | $341.0M |
总债务GTESMIDD
| Q4 25 | $2.2B | $2.2B | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | $2.4B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.3B | — | ||
| Q1 24 | $2.3B | — |
股东权益GTESMIDD
| Q4 25 | $3.3B | $2.8B | ||
| Q3 25 | $3.4B | $2.9B | ||
| Q2 25 | $3.3B | $3.6B | ||
| Q1 25 | $3.1B | $3.7B | ||
| Q4 24 | $3.0B | $3.6B | ||
| Q3 24 | $3.1B | $3.6B | ||
| Q2 24 | $3.2B | $3.4B | ||
| Q1 24 | $3.2B | $3.3B |
总资产GTESMIDD
| Q4 25 | $7.2B | $6.3B | ||
| Q3 25 | $7.1B | $6.4B | ||
| Q2 25 | $7.2B | $7.3B | ||
| Q1 25 | $6.9B | $7.4B | ||
| Q4 24 | $6.8B | $7.3B | ||
| Q3 24 | $7.1B | $7.2B | ||
| Q2 24 | $7.0B | $7.0B | ||
| Q1 24 | $7.0B | $6.9B |
负债/权益比GTESMIDD
| Q4 25 | 0.67× | 0.78× | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.78× | 0.66× | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 0.73× | — | ||
| Q1 24 | 0.74× | — |
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 | $269.8M | — |
| 自由现金流经营现金流 - 资本支出 | $251.0M | $165.5M |
| 自由现金流率自由现金流/营收 | 29.3% | 19.1% |
| 资本支出强度资本支出/营收 | 2.2% | 1.5% |
| 现金转化率经营现金流/净利润 | 5.26× | — |
| 过去12个月自由现金流最近4个季度 | $404.9M | $530.1M |
8季度趋势，按日历期对齐
经营现金流GTESMIDD
| Q4 25 | $269.8M | — | ||
| Q3 25 | $98.0M | $176.3M | ||
| Q2 25 | $103.0M | $122.0M | ||
| Q1 25 | $7.3M | $141.1M | ||
| Q4 24 | $190.9M | $239.7M | ||
| Q3 24 | $115.9M | $156.7M | ||
| Q2 24 | $93.8M | $149.5M | ||
| Q1 24 | $-21.0M | $140.9M |
自由现金流GTESMIDD
| Q4 25 | $251.0M | $165.5M | ||
| Q3 25 | $80.5M | $156.1M | ||
| Q2 25 | $83.6M | $101.1M | ||
| Q1 25 | $-10.2M | $107.4M | ||
| Q4 24 | $167.6M | $226.6M | ||
| Q3 24 | $94.0M | $145.2M | ||
| Q2 24 | $71.9M | $138.6M | ||
| Q1 24 | $-37.0M | $127.2M |
自由现金流率GTESMIDD
| Q4 25 | 29.3% | 19.1% | ||
| Q3 25 | 9.4% | 15.9% | ||
| Q2 25 | 9.5% | 10.3% | ||
| Q1 25 | -1.2% | 11.8% | ||
| Q4 24 | 20.2% | 22.3% | ||
| Q3 24 | 11.3% | 15.4% | ||
| Q2 24 | 8.1% | 14.0% | ||
| Q1 24 | -4.3% | 13.7% |
资本支出强度GTESMIDD
| Q4 25 | 2.2% | 1.5% | ||
| Q3 25 | 2.0% | 2.1% | ||
| Q2 25 | 2.2% | 2.1% | ||
| Q1 25 | 2.1% | 3.7% | ||
| Q4 24 | 2.8% | 1.3% | ||
| Q3 24 | 2.6% | 1.2% | ||
| Q2 24 | 2.5% | 1.1% | ||
| Q1 24 | 1.9% | 1.5% |
现金转化率GTESMIDD
| Q4 25 | 5.26× | — | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.82× | 1.15× | ||
| Q1 25 | 0.12× | 1.53× | ||
| Q4 24 | 5.22× | 2.13× | ||
| Q3 24 | 2.43× | 1.37× | ||
| Q2 24 | 1.33× | 1.30× | ||
| Q1 24 | -0.53× | 1.63× |
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
GTES
| Power Transmission Segment | $536.5M | 63% |
| Fluid Power Segment | $319.7M | 37% |
MIDD
暂无分部数据
