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英格拉姆微（INGM）与林德（LIN）财务数据对比。点击上方公司名可切换其他公司
英格拉姆微的季度营收约是林德的1.7倍（$14.9B vs $8.8B），林德净利率更高（17.5% vs 0.8%，领先16.6%），英格拉姆微同比增速更快（11.5% vs 5.8%），英格拉姆微自由现金流更多（$1.6B vs $1.6B），过去两年英格拉姆微的营收复合增速更高（14.6% vs 4.0%）
英格拉姆微控股是全球知名的信息技术产品及服务分销商，总部位于美国加利福尼亚州欧文市，业务覆盖全球各地。公司前身为1979年在加州成立的Micro D, Inc，最初是传统分销商，主营向经销商推广、销售及交付厂商产品，目前正向聚焦数字体验的平台化业务方向转型。
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
INGM vs LIN — 直观对比
营收规模更大
INGM
是对方的1.7倍
$8.8B
营收增速更快
INGM
高出5.7%
5.8%
净利率更高
LIN
高出16.6%
0.8%
自由现金流更多
INGM
多$58.4M
$1.6B
两年增速更快
INGM
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $14.9B | $8.8B |
| 净利润 | $121.4M | $1.5B |
| 毛利率 | 6.5% | — |
| 营业利润率 | 2.1% | 23.0% |
| 净利率 | 0.8% | 17.5% |
| 营收同比 | 11.5% | 5.8% |
| 净利润同比 | 46.1% | -11.3% |
| 每股收益（稀释后） | $0.67 | $3.28 |
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INGMLIN
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $8.8B | ||
| Q3 25 | $12.6B | $8.6B | ||
| Q2 25 | $12.8B | $8.5B | ||
| Q1 25 | $12.3B | $8.1B | ||
| Q4 24 | — | $8.3B | ||
| Q3 24 | $11.8B | $8.4B | ||
| Q2 24 | $11.5B | $8.3B |
净利润INGMLIN
| Q1 26 | $121.4M | — | ||
| Q4 25 | $121.4M | $1.5B | ||
| Q3 25 | $99.5M | $1.9B | ||
| Q2 25 | $37.8M | $1.8B | ||
| Q1 25 | $69.2M | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $77.0M | $1.6B | ||
| Q2 24 | $54.6M | $1.7B |
毛利率INGMLIN
| Q1 26 | 6.5% | — | ||
| Q4 25 | 6.5% | — | ||
| Q3 25 | 6.9% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 6.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 7.2% | — |
营业利润率INGMLIN
| Q1 26 | 2.1% | — | ||
| Q4 25 | 2.1% | 23.0% | ||
| Q3 25 | 1.8% | 27.5% | ||
| Q2 25 | 1.1% | 27.7% | ||
| Q1 25 | 1.6% | 26.9% | ||
| Q4 24 | — | 27.4% | ||
| Q3 24 | 1.9% | 25.0% | ||
| Q2 24 | 1.6% | 26.4% |
净利率INGMLIN
| Q1 26 | 0.8% | — | ||
| Q4 25 | 0.8% | 17.5% | ||
| Q3 25 | 0.8% | 22.4% | ||
| Q2 25 | 0.3% | 20.8% | ||
| Q1 25 | 0.6% | 20.6% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | 0.7% | 18.5% | ||
| Q2 24 | 0.5% | 20.1% |
每股收益（稀释后）INGMLIN
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.52 | $3.28 | ||
| Q3 25 | $0.42 | $4.09 | ||
| Q2 25 | $0.16 | $3.73 | ||
| Q1 25 | $0.29 | $3.51 | ||
| Q4 24 | — | $3.61 | ||
| Q3 24 | $0.35 | $3.22 | ||
| Q2 24 | $0.25 | $3.44 |
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 | $1.9B | $5.1B |
| 总债务越低越好 | $3.2B | $20.7B |
| 股东权益账面价值 | $4.2B | $38.2B |
| 总资产 | $21.2B | $86.8B |
| 负债/权益比越低杠杆越低 | 0.75× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资INGMLIN
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $5.1B | ||
| Q3 25 | $802.6M | $4.5B | ||
| Q2 25 | $856.7M | $4.8B | ||
| Q1 25 | $881.6M | $5.3B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | $849.5M | $5.2B | ||
| Q2 24 | — | $4.6B |
总债务INGMLIN
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $20.7B | ||
| Q3 25 | $3.8B | $18.6B | ||
| Q2 25 | $3.7B | $19.7B | ||
| Q1 25 | $3.5B | $17.6B | ||
| Q4 24 | — | $15.3B | ||
| Q3 24 | $3.8B | $17.5B | ||
| Q2 24 | — | $16.9B |
股东权益INGMLIN
| Q1 26 | $4.2B | — | ||
| Q4 25 | $4.2B | $38.2B | ||
| Q3 25 | $4.1B | $38.6B | ||
| Q2 25 | $4.0B | $38.5B | ||
| Q1 25 | $3.9B | $38.0B | ||
| Q4 24 | — | $38.1B | ||
| Q3 24 | $3.6B | $39.2B | ||
| Q2 24 | $3.5B | $38.2B |
总资产INGMLIN
| Q1 26 | $21.2B | — | ||
| Q4 25 | $21.2B | $86.8B | ||
| Q3 25 | $19.2B | $86.0B | ||
| Q2 25 | $19.5B | $86.1B | ||
| Q1 25 | $18.6B | $82.7B | ||
| Q4 24 | — | $80.1B | ||
| Q3 24 | $18.6B | $82.5B | ||
| Q2 24 | — | $80.2B |
负债/权益比INGMLIN
| Q1 26 | 0.75× | — | ||
| Q4 25 | 0.75× | 0.54× | ||
| Q3 25 | 0.93× | 0.48× | ||
| Q2 25 | 0.92× | 0.51× | ||
| Q1 25 | 0.90× | 0.46× | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | 1.06× | 0.45× | ||
| Q2 24 | — | 0.44× |
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 | — | $3.0B |
| 自由现金流经营现金流 - 资本支出 | $1.6B | $1.6B |
| 自由现金流率自由现金流/营收 | 11.0% | 17.9% |
| 资本支出强度资本支出/营收 | 0.2% | 16.6% |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $5.1B |
8季度趋势，按日历期对齐
经营现金流INGMLIN
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $3.0B | ||
| Q3 25 | $-146.0M | $2.9B | ||
| Q2 25 | $-298.0M | $2.2B | ||
| Q1 25 | $-200.4M | $2.2B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | $-277.0M | $2.7B | ||
| Q2 24 | — | $1.9B |
自由现金流INGMLIN
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $-175.0M | $1.7B | ||
| Q2 25 | $-333.2M | $954.0M | ||
| Q1 25 | $-230.2M | $891.0M | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $-315.0M | $1.7B | ||
| Q2 24 | — | $796.0M |
自由现金流率INGMLIN
| Q1 26 | 11.0% | — | ||
| Q4 25 | 10.2% | 17.9% | ||
| Q3 25 | -1.4% | 19.4% | ||
| Q2 25 | -2.6% | 11.2% | ||
| Q1 25 | -1.9% | 11.0% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | -2.7% | 19.9% | ||
| Q2 24 | — | 9.6% |
资本支出强度INGMLIN
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 16.6% | ||
| Q3 25 | 0.2% | 14.8% | ||
| Q2 25 | 0.3% | 14.8% | ||
| Q1 25 | 0.2% | 15.7% | ||
| Q4 24 | — | 15.1% | ||
| Q3 24 | 0.3% | 12.8% | ||
| Q2 24 | — | 13.7% |
现金转化率INGMLIN
| Q1 26 | — | — | ||
| Q4 25 | 12.85× | 1.98× | ||
| Q3 25 | -1.47× | 1.53× | ||
| Q2 25 | -7.88× | 1.25× | ||
| Q1 25 | -2.90× | 1.29× | ||
| Q4 24 | — | 1.63× | ||
| Q3 24 | -3.60× | 1.76× | ||
| Q2 24 | — | 1.16× |
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
INGM
暂无分部数据
LIN
| Other | $4.9B | 56% |
| Packaged Gas | $1.6B | 19% |
| Merchant | $1.2B | 14% |
| On Site | $950.0M | 11% |
| Other Distribution Methods | $64.0M | 1% |
