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盖茨工业（GTES）与TWIN DISC INC（TWIN）财务数据对比。点击上方公司名可切换其他公司
盖茨工业的季度营收约是TWIN DISC INC的9.5倍（$856.2M vs $90.2M）。TWIN DISC INC净利率更高（24.8% vs 6.0%，领先18.8%）。盖茨工业同比增速更快（3.2% vs 0.3%）。盖茨工业自由现金流更多（$251.0M vs $1.2M）。过去两年TWIN DISC INC的营收复合增速更高（10.3% vs -0.4%）
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。
双盘公司设计、生产并分销适用于多种场景的传动设备，产品覆盖船舶、非道路车辆及工业领域。公司成立于1918年，最初为农用拖拉机生产离合器，如今已发展为跨国企业，在亚洲、欧洲、北美洲、大洋洲、南美洲均设有子公司或销售办事处。
GTES vs TWIN — 直观对比
营收规模更大
GTES
是对方的9.5倍
$90.2M
营收增速更快
GTES
高出2.9%
0.3%
净利率更高
TWIN
高出18.8%
6.0%
自由现金流更多
GTES
多$249.8M
$1.2M
两年增速更快
TWIN
近两年复合增速
-0.4%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $856.2M | $90.2M |
| 净利润 | $51.3M | $22.4M |
| 毛利率 | 38.0% | 24.8% |
| 营业利润率 | 12.8% | 2.3% |
| 净利率 | 6.0% | 24.8% |
| 营收同比 | 3.2% | 0.3% |
| 净利润同比 | 40.2% | 2334.3% |
| 每股收益（稀释后） | $0.19 | $1.55 |
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GTESTWIN
| Q4 25 | $856.2M | $90.2M | ||
| Q3 25 | $855.7M | $80.0M | ||
| Q2 25 | $883.7M | $96.7M | ||
| Q1 25 | $847.6M | $81.2M | ||
| Q4 24 | $829.4M | $89.9M | ||
| Q3 24 | $830.7M | $72.9M | ||
| Q2 24 | $885.5M | $84.4M | ||
| Q1 24 | $862.6M | $74.2M |
净利润GTESTWIN
| Q4 25 | $51.3M | $22.4M | ||
| Q3 25 | $81.6M | $-518.0K | ||
| Q2 25 | $56.5M | $1.4M | ||
| Q1 25 | $62.0M | $-1.5M | ||
| Q4 24 | $36.6M | $919.0K | ||
| Q3 24 | $47.6M | $-2.8M | ||
| Q2 24 | $70.7M | $7.4M | ||
| Q1 24 | $40.0M | $3.8M |
毛利率GTESTWIN
| Q4 25 | 38.0% | 24.8% | ||
| Q3 25 | 39.9% | 28.7% | ||
| Q2 25 | 40.8% | 31.0% | ||
| Q1 25 | 40.7% | 26.7% | ||
| Q4 24 | 40.4% | 24.1% | ||
| Q3 24 | 40.4% | 26.5% | ||
| Q2 24 | 40.4% | 29.7% | ||
| Q1 24 | 38.3% | 28.2% |
营业利润率GTESTWIN
| Q4 25 | 12.8% | 2.3% | ||
| Q3 25 | 13.5% | 2.8% | ||
| Q2 25 | 13.1% | 5.5% | ||
| Q1 25 | 14.7% | 2.4% | ||
| Q4 24 | 13.6% | 3.1% | ||
| Q3 24 | 13.6% | -0.2% | ||
| Q2 24 | 15.4% | 5.6% | ||
| Q1 24 | 13.5% | 4.9% |
净利率GTESTWIN
| Q4 25 | 6.0% | 24.8% | ||
| Q3 25 | 9.5% | -0.6% | ||
| Q2 25 | 6.4% | 1.5% | ||
| Q1 25 | 7.3% | -1.8% | ||
| Q4 24 | 4.4% | 1.0% | ||
| Q3 24 | 5.7% | -3.8% | ||
| Q2 24 | 8.0% | 8.8% | ||
| Q1 24 | 4.6% | 5.2% |
每股收益（稀释后）GTESTWIN
| Q4 25 | $0.19 | $1.55 | ||
| Q3 25 | $0.31 | $-0.04 | ||
| Q2 25 | $0.22 | $0.10 | ||
| Q1 25 | $0.24 | $-0.11 | ||
| Q4 24 | $0.15 | $0.07 | ||
| Q3 24 | $0.18 | $-0.20 | ||
| Q2 24 | $0.26 | $0.54 | ||
| Q1 24 | $0.15 | $0.27 |
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 | — |
| 总债务越低越好 | $2.2B | $44.5M |
| 股东权益账面价值 | $3.3B | $184.5M |
| 总资产 | $7.2B | $384.0M |
| 负债/权益比越低杠杆越低 | 0.67× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资GTESTWIN
| Q4 25 | $812.1M | — | ||
| Q3 25 | $689.4M | — | ||
| Q2 25 | $719.7M | — | ||
| Q1 25 | $640.2M | — | ||
| Q4 24 | $682.0M | — | ||
| Q3 24 | $574.4M | — | ||
| Q2 24 | $579.7M | — | ||
| Q1 24 | $522.2M | — |
总债务GTESTWIN
| Q4 25 | $2.2B | $44.5M | ||
| Q3 25 | $2.2B | $43.7M | ||
| Q2 25 | $2.3B | $31.4M | ||
| Q1 25 | $2.3B | $40.8M | ||
| Q4 24 | $2.4B | $24.9M | ||
| Q3 24 | $2.4B | $29.8M | ||
| Q2 24 | $2.3B | $25.8M | ||
| Q1 24 | $2.3B | $17.0M |
股东权益GTESTWIN
| Q4 25 | $3.3B | $184.5M | ||
| Q3 25 | $3.4B | $160.3M | ||
| Q2 25 | $3.3B | $164.0M | ||
| Q1 25 | $3.1B | $149.5M | ||
| Q4 24 | $3.0B | $147.0M | ||
| Q3 24 | $3.1B | $157.5M | ||
| Q2 24 | $3.2B | $154.7M | ||
| Q1 24 | $3.2B | $146.3M |
总资产GTESTWIN
| Q4 25 | $7.2B | $384.0M | ||
| Q3 25 | $7.1B | $363.5M | ||
| Q2 25 | $7.2B | $355.6M | ||
| Q1 25 | $6.9B | $332.9M | ||
| Q4 24 | $6.8B | $307.4M | ||
| Q3 24 | $7.1B | $323.5M | ||
| Q2 24 | $7.0B | $312.1M | ||
| Q1 24 | $7.0B | $288.8M |
负债/权益比GTESTWIN
| Q4 25 | 0.67× | 0.24× | ||
| Q3 25 | 0.66× | 0.27× | ||
| Q2 25 | 0.72× | 0.19× | ||
| Q1 25 | 0.75× | 0.27× | ||
| Q4 24 | 0.78× | 0.17× | ||
| Q3 24 | 0.76× | 0.19× | ||
| Q2 24 | 0.73× | 0.17× | ||
| Q1 24 | 0.74× | 0.12× |
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 | $4.6M |
| 自由现金流经营现金流 - 资本支出 | $251.0M | $1.2M |
| 自由现金流率自由现金流/营收 | 29.3% | 1.4% |
| 资本支出强度资本支出/营收 | 2.2% | 3.7% |
| 现金转化率经营现金流/净利润 | 5.26× | 0.20× |
| 过去12个月自由现金流最近4个季度 | $404.9M | $-70.0K |
8季度趋势，按日历期对齐
经营现金流GTESTWIN
| Q4 25 | $269.8M | $4.6M | ||
| Q3 25 | $98.0M | $-7.5M | ||
| Q2 25 | $103.0M | $16.4M | ||
| Q1 25 | $7.3M | $3.2M | ||
| Q4 24 | $190.9M | $8.7M | ||
| Q3 24 | $115.9M | $-4.3M | ||
| Q2 24 | $93.8M | $11.4M | ||
| Q1 24 | $-21.0M | $6.2M |
自由现金流GTESTWIN
| Q4 25 | $251.0M | $1.2M | ||
| Q3 25 | $80.5M | $-11.0M | ||
| Q2 25 | $83.6M | $8.7M | ||
| Q1 25 | $-10.2M | $906.0K | ||
| Q4 24 | $167.6M | $5.9M | ||
| Q3 24 | $94.0M | $-6.7M | ||
| Q2 24 | $71.9M | $10.3M | ||
| Q1 24 | $-37.0M | $4.0M |
自由现金流率GTESTWIN
| Q4 25 | 29.3% | 1.4% | ||
| Q3 25 | 9.4% | -13.7% | ||
| Q2 25 | 9.5% | 9.0% | ||
| Q1 25 | -1.2% | 1.1% | ||
| Q4 24 | 20.2% | 6.5% | ||
| Q3 24 | 11.3% | -9.2% | ||
| Q2 24 | 8.1% | 12.2% | ||
| Q1 24 | -4.3% | 5.5% |
资本支出强度GTESTWIN
| Q4 25 | 2.2% | 3.7% | ||
| Q3 25 | 2.0% | 4.3% | ||
| Q2 25 | 2.2% | 8.0% | ||
| Q1 25 | 2.1% | 2.8% | ||
| Q4 24 | 2.8% | 3.1% | ||
| Q3 24 | 2.6% | 3.2% | ||
| Q2 24 | 2.5% | 1.3% | ||
| Q1 24 | 1.9% | 2.9% |
现金转化率GTESTWIN
| Q4 25 | 5.26× | 0.20× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.82× | 11.55× | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 5.22× | 9.42× | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 1.33× | 1.54× | ||
| 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% |
TWIN
暂无分部数据
