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Hillenbrand, Inc.（HI）与ADVANCED DRAINAGE SYSTEMS, INC.（WMS）财务数据对比。点击上方公司名可切换其他公司
ADVANCED DRAINAGE SYSTEMS, INC.的季度营收约是Hillenbrand, Inc.的1.3倍（$693.4M vs $550.2M），ADVANCED DRAINAGE SYSTEMS, INC.净利率更高（13.5% vs -0.4%，领先13.9%），ADVANCED DRAINAGE SYSTEMS, INC.同比增速更快（0.4% vs -22.2%），ADVANCED DRAINAGE SYSTEMS, INC.自由现金流更多（$183.6M vs $-31.6M），过去两年ADVANCED DRAINAGE SYSTEMS, INC.的营收复合增速更高（3.0% vs -16.3%）
希伦布兰德是一家全球化多元化工业企业，设计、生产及销售专用加工设备与耐用工业解决方案，服务食品饮料、农业、制造、废弃物管理等领域，业务覆盖北美、欧洲及亚太地区。
Advanced Drainage Systems（简称ADS）是一家美国企业，主营聚丙烯、聚乙烯管材，塑料渗滤场系统、化粪池及配套配件、雨水调蓄设施、PVC排水构件、管件、水过滤与分离设备的设计、生产及销售，是美国规模最大的高密度聚乙烯管道生产商，总部位于俄亥俄州希利厄德。
HI vs WMS — 直观对比
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $550.2M | $693.4M |
| 净利润 | $-2.2M | $93.6M |
| 毛利率 | 33.4% | 37.4% |
| 营业利润率 | -2.2% | 19.7% |
| 净利率 | -0.4% | 13.5% |
| 营收同比 | -22.2% | 0.4% |
| 净利润同比 | -134.4% | 15.3% |
| 每股收益（稀释后） | — | $1.19 |
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
| Q4 25 | $550.2M | $693.4M | ||
| Q3 25 | $652.1M | $850.4M | ||
| Q2 25 | $598.9M | $829.9M | ||
| Q1 25 | $715.9M | $615.8M | ||
| Q4 24 | $706.9M | $690.5M | ||
| Q3 24 | $837.6M | $782.6M | ||
| Q2 24 | $786.6M | $815.3M | ||
| Q1 24 | $785.3M | $653.8M |
| Q4 25 | $-2.2M | $93.6M | ||
| Q3 25 | $75.7M | $156.0M | ||
| Q2 25 | $1.9M | $143.9M | ||
| Q1 25 | $-40.9M | $77.2M | ||
| Q4 24 | $6.4M | $81.2M | ||
| Q3 24 | $14.6M | $130.4M | ||
| Q2 24 | $-248.9M | $161.4M | ||
| Q1 24 | $6.1M | $94.8M |
| Q4 25 | 33.4% | 37.4% | ||
| Q3 25 | 34.8% | 40.0% | ||
| Q2 25 | 33.8% | 39.8% | ||
| Q1 25 | 33.0% | 36.7% | ||
| Q4 24 | 33.2% | 35.0% | ||
| Q3 24 | 34.4% | 37.6% | ||
| Q2 24 | 33.9% | 40.8% | ||
| Q1 24 | 31.9% | 38.5% |
| Q4 25 | -2.2% | 19.7% | ||
| Q3 25 | — | 26.3% | ||
| Q2 25 | 1.8% | 24.8% | ||
| Q1 25 | -6.2% | 19.0% | ||
| Q4 24 | 2.2% | 18.4% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | -32.7% | 27.7% | ||
| Q1 24 | 1.6% | 20.7% |
| Q4 25 | -0.4% | 13.5% | ||
| Q3 25 | 11.6% | 18.3% | ||
| Q2 25 | 0.3% | 17.3% | ||
| Q1 25 | -5.7% | 12.5% | ||
| Q4 24 | 0.9% | 11.8% | ||
| Q3 24 | 1.7% | 16.7% | ||
| Q2 24 | -31.6% | 19.8% | ||
| Q1 24 | 0.8% | 14.5% |
| Q4 25 | — | $1.19 | ||
| Q3 25 | $1.07 | $1.99 | ||
| Q2 25 | $0.03 | $1.84 | ||
| Q1 25 | $-0.58 | $0.99 | ||
| Q4 24 | $0.09 | $1.04 | ||
| Q3 24 | $0.20 | $1.67 | ||
| Q2 24 | $-3.53 | $2.06 | ||
| Q1 24 | $0.09 | $1.22 |
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 | $173.1M | $1.0B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $1.9B |
| 总资产 | $4.5B | $4.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $173.1M | $1.0B | ||
| Q3 25 | $164.8M | $812.9M | ||
| Q2 25 | $162.8M | $638.3M | ||
| Q1 25 | $458.4M | $463.3M | ||
| Q4 24 | $208.0M | $488.9M | ||
| Q3 24 | $199.3M | $613.0M | ||
| Q2 24 | $223.8M | $541.6M | ||
| Q1 24 | $224.4M | $490.2M |
| Q4 25 | — | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.1B | $1.3B |
| Q4 25 | $1.4B | $1.9B | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $1.3B | $1.7B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.3B | ||
| Q1 24 | $1.7B | $1.2B |
| Q4 25 | $4.5B | $4.1B | ||
| Q3 25 | $4.5B | $4.1B | ||
| Q2 25 | $4.7B | $3.9B | ||
| Q1 25 | $4.8B | $3.7B | ||
| Q4 24 | $5.1B | $3.6B | ||
| Q3 24 | $5.2B | $3.5B | ||
| Q2 24 | $5.3B | $3.4B | ||
| Q1 24 | $5.6B | $3.3B |
| Q4 25 | — | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 1.44× | 0.83× | ||
| Q4 24 | 1.38× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.48× | — | ||
| Q1 24 | 1.28× | 1.11× |
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 | $-27.4M | $269.3M |
| 自由现金流经营现金流 - 资本支出 | $-31.6M | $183.6M |
| 自由现金流率自由现金流/营收 | -5.7% | 26.5% |
| 资本支出强度资本支出/营收 | 0.8% | 12.4% |
| 现金转化率经营现金流/净利润 | — | 2.88× |
| 过去12个月自由现金流最近4个季度 | $7.8M | $577.1M |
8季度趋势，按日历期对齐
| Q4 25 | $-27.4M | $269.3M | ||
| Q3 25 | $67.7M | $234.9M | ||
| Q2 25 | $-1.5M | $275.0M | ||
| Q1 25 | $1.3M | $41.2M | ||
| Q4 24 | $-11.3M | $189.9M | ||
| Q3 24 | $166.5M | $166.9M | ||
| Q2 24 | $45.6M | $183.4M | ||
| Q1 24 | $3.2M | $17.7M |
| Q4 25 | $-31.6M | $183.6M | ||
| Q3 25 | $58.6M | $176.4M | ||
| Q2 25 | $-11.2M | $222.4M | ||
| Q1 25 | $-8.0M | $-5.3M | ||
| Q4 24 | $-21.5M | $135.7M | ||
| Q3 24 | $153.4M | $112.4M | ||
| Q2 24 | $29.7M | $125.7M | ||
| Q1 24 | $-9.6M | $-29.8M |
| Q4 25 | -5.7% | 26.5% | ||
| Q3 25 | 9.0% | 20.7% | ||
| Q2 25 | -1.9% | 26.8% | ||
| Q1 25 | -1.1% | -0.9% | ||
| Q4 24 | -3.0% | 19.7% | ||
| Q3 24 | 18.3% | 14.4% | ||
| Q2 24 | 3.8% | 15.4% | ||
| Q1 24 | -1.2% | -4.6% |
| Q4 25 | 0.8% | 12.4% | ||
| Q3 25 | 1.4% | 6.9% | ||
| Q2 25 | 1.6% | 6.3% | ||
| Q1 25 | 1.3% | 7.6% | ||
| Q4 24 | 1.4% | 7.9% | ||
| Q3 24 | 1.6% | 7.0% | ||
| Q2 24 | 2.0% | 7.1% | ||
| Q1 24 | 1.6% | 7.3% |
| Q4 25 | — | 2.88× | ||
| Q3 25 | 0.89× | 1.51× | ||
| Q2 25 | -0.79× | 1.91× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | -1.77× | 2.34× | ||
| Q3 24 | 11.40× | 1.28× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | 0.52× | 0.19× |
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
HI
| Transferred At Point In Time | $256.5M | 47% |
| Transferred Over Time | $207.1M | 38% |
| Molding Technology Solutions | $86.6M | 16% |
WMS
| Reportable Segment Aggregation Before Other Operating Segment | $557.3M | 80% |
| Other | $85.5M | 12% |
| Pipe | $35.5M | 5% |
| Allied Products And Other | $15.0M | 2% |
