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赫克（HURC）与MKS INC（MKSI）财务数据对比。点击上方公司名可切换其他公司
MKS INC的季度营收约是赫克的22.7倍（$1.0B vs $45.5M）。MKS INC净利率更高（10.3% vs -6.7%，领先17.0%）。MKS INC同比增速更快（10.6% vs -15.3%）。MKS INC自由现金流更多（$92.0M vs $3.6M）。过去两年MKS INC的营收复合增速更高（9.1% vs 0.5%）
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。
MKS Inc原是跨国独立软件供应商，业务覆盖应用生命周期管理（ALM）及系统管理两大领域，2011年5月31日被参数技术公司（PTC, Inc.）收购，目前为PTC旗下子公司。
HURC vs MKSI — 直观对比
营收规模更大
MKSI
是对方的22.7倍
$45.5M
营收增速更快
MKSI
高出25.9%
-15.3%
净利率更高
MKSI
高出17.0%
-6.7%
自由现金流更多
MKSI
多$88.3M
$3.6M
两年增速更快
MKSI
近两年复合增速
0.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $45.5M | $1.0B |
| 净利润 | $-3.0M | $107.0M |
| 毛利率 | 17.0% | 46.3% |
| 营业利润率 | -7.6% | 13.9% |
| 净利率 | -6.7% | 10.3% |
| 营收同比 | -15.3% | 10.6% |
| 净利润同比 | -110.9% | 18.9% |
| 每股收益（稀释后） | $-0.47 | $1.58 |
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HURCMKSI
| Q4 25 | $45.5M | $1.0B | ||
| Q3 25 | $45.8M | $988.0M | ||
| Q2 25 | $40.9M | $973.0M | ||
| Q1 25 | $46.4M | $936.0M | ||
| Q4 24 | $53.7M | $935.0M | ||
| Q3 24 | $42.7M | $896.0M | ||
| Q2 24 | $45.2M | $887.0M | ||
| Q1 24 | $45.1M | $868.0M |
净利润HURCMKSI
| Q4 25 | $-3.0M | $107.0M | ||
| Q3 25 | $-3.7M | $74.0M | ||
| Q2 25 | $-4.1M | $62.0M | ||
| Q1 25 | $-4.3M | $52.0M | ||
| Q4 24 | $-1.4M | $90.0M | ||
| Q3 24 | $-9.6M | $62.0M | ||
| Q2 24 | $-3.9M | $23.0M | ||
| Q1 24 | $-1.6M | $15.0M |
毛利率HURCMKSI
| Q4 25 | 17.0% | 46.3% | ||
| Q3 25 | 19.9% | 46.7% | ||
| Q2 25 | 19.2% | 46.6% | ||
| Q1 25 | 17.9% | 47.4% | ||
| Q4 24 | 22.7% | 47.3% | ||
| Q3 24 | 18.4% | 48.2% | ||
| Q2 24 | 17.8% | 47.2% | ||
| Q1 24 | 21.5% | 47.8% |
营业利润率HURCMKSI
| Q4 25 | -7.6% | 13.9% | ||
| Q3 25 | -3.6% | 14.0% | ||
| Q2 25 | -7.5% | 13.9% | ||
| Q1 25 | -4.5% | 11.9% | ||
| Q4 24 | -0.9% | 14.7% | ||
| Q3 24 | -5.9% | 14.3% | ||
| Q2 24 | -7.6% | 14.3% | ||
| Q1 24 | -4.0% | 12.2% |
净利率HURCMKSI
| Q4 25 | -6.7% | 10.3% | ||
| Q3 25 | -8.1% | 7.5% | ||
| Q2 25 | -9.9% | 6.4% | ||
| Q1 25 | -9.3% | 5.6% | ||
| Q4 24 | -2.7% | 9.6% | ||
| Q3 24 | -22.5% | 6.9% | ||
| Q2 24 | -8.7% | 2.6% | ||
| Q1 24 | -3.7% | 1.7% |
每股收益（稀释后）HURCMKSI
| Q4 25 | $-0.47 | $1.58 | ||
| Q3 25 | $-0.58 | $1.10 | ||
| Q2 25 | $-0.62 | $0.92 | ||
| Q1 25 | $-0.67 | $0.77 | ||
| Q4 24 | $-0.23 | $1.34 | ||
| Q3 24 | $-1.47 | $0.92 | ||
| Q2 24 | $-0.61 | $0.33 | ||
| Q1 24 | $-0.25 | $0.22 |
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 | $48.7M | $418.0M |
| 总债务越低越好 | — | $4.2B |
| 股东权益账面价值 | $198.8M | $2.7B |
| 总资产 | $264.3M | $8.8B |
| 负债/权益比越低杠杆越低 | — | 1.53× |
8季度趋势，按日历期对齐
现金及短期投资HURCMKSI
| Q4 25 | $48.7M | $418.0M | ||
| Q3 25 | $44.5M | $413.0M | ||
| Q2 25 | $43.8M | $498.0M | ||
| Q1 25 | $41.8M | $407.0M | ||
| Q4 24 | $33.3M | $420.0M | ||
| Q3 24 | $36.1M | $439.0M | ||
| Q2 24 | $37.5M | $506.0M | ||
| Q1 24 | $37.9M | $1.0M |
总债务HURCMKSI
| Q4 25 | — | $4.2B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.8B | ||
| Q2 24 | — | $4.8B | ||
| Q1 24 | — | $4.7B |
股东权益HURCMKSI
| Q4 25 | $198.8M | $2.7B | ||
| Q3 25 | $203.7M | $2.6B | ||
| Q2 25 | $202.3M | $2.6B | ||
| Q1 25 | $198.1M | $2.4B | ||
| Q4 24 | $207.2M | $2.3B | ||
| Q3 24 | $206.6M | $2.4B | ||
| Q2 24 | $215.6M | $2.2B | ||
| Q1 24 | $224.6M | $2.4B |
总资产HURCMKSI
| Q4 25 | $264.3M | $8.8B | ||
| Q3 25 | $269.1M | $8.8B | ||
| Q2 25 | $262.5M | $8.8B | ||
| Q1 25 | $255.8M | $8.6B | ||
| Q4 24 | $268.6M | $8.6B | ||
| Q3 24 | $272.4M | $9.0B | ||
| Q2 24 | $280.8M | $8.9B | ||
| Q1 24 | $290.1M | $8.9B |
负债/权益比HURCMKSI
| Q4 25 | — | 1.53× | ||
| Q3 25 | — | 1.64× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.87× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.16× | ||
| Q1 24 | — | 1.94× |
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 | $3.7M | $142.0M |
| 自由现金流经营现金流 - 资本支出 | $3.6M | $92.0M |
| 自由现金流率自由现金流/营收 | 8.0% | 8.9% |
| 资本支出强度资本支出/营收 | 0.1% | 4.8% |
| 现金转化率经营现金流/净利润 | — | 1.33× |
| 过去12个月自由现金流最近4个季度 | $16.7M | $497.0M |
8季度趋势，按日历期对齐
经营现金流HURCMKSI
| Q4 25 | $3.7M | $142.0M | ||
| Q3 25 | $2.5M | $197.0M | ||
| Q2 25 | $997.0K | $165.0M | ||
| Q1 25 | $10.3M | $141.0M | ||
| Q4 24 | $-1.2M | $176.0M | ||
| Q3 24 | $-622.0K | $163.0M | ||
| Q2 24 | $1.9M | $122.0M | ||
| Q1 24 | $-2.6M | $67.0M |
自由现金流HURCMKSI
| Q4 25 | $3.6M | $92.0M | ||
| Q3 25 | $2.1M | $146.0M | ||
| Q2 25 | $689.0K | $136.0M | ||
| Q1 25 | $10.2M | $123.0M | ||
| Q4 24 | $-1.7M | $125.0M | ||
| Q3 24 | $-841.0K | $141.0M | ||
| Q2 24 | $1.7M | $95.0M | ||
| Q1 24 | $-3.0M | $49.0M |
自由现金流率HURCMKSI
| Q4 25 | 8.0% | 8.9% | ||
| Q3 25 | 4.5% | 14.8% | ||
| Q2 25 | 1.7% | 14.0% | ||
| Q1 25 | 22.1% | 13.1% | ||
| Q4 24 | -3.1% | 13.4% | ||
| Q3 24 | -2.0% | 15.7% | ||
| Q2 24 | 3.9% | 10.7% | ||
| Q1 24 | -6.7% | 5.6% |
资本支出强度HURCMKSI
| Q4 25 | 0.1% | 4.8% | ||
| Q3 25 | 1.0% | 5.2% | ||
| Q2 25 | 0.8% | 3.0% | ||
| Q1 25 | 0.2% | 1.9% | ||
| Q4 24 | 0.8% | 5.5% | ||
| Q3 24 | 0.5% | 2.5% | ||
| Q2 24 | 0.3% | 3.0% | ||
| Q1 24 | 1.0% | 2.1% |
现金转化率HURCMKSI
| Q4 25 | — | 1.33× | ||
| Q3 25 | — | 2.66× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.71× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | — | 2.63× | ||
| Q2 24 | — | 5.30× | ||
| Q1 24 | — | 4.47× |
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
HURC
| Computerized Machine Tools | $35.9M | 79% |
| Service Parts | $6.7M | 15% |
| Service Fees | $2.3M | 5% |
MKSI
| Electronics And Packaging | $303.0M | 29% |
| Specialty Industrial | $295.0M | 29% |
| Photonics Solutions Division | $274.0M | 26% |
| Services | $125.0M | 12% |
| Other | $37.0M | 4% |
