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MAXIMUS, INC.（MMS）与Woodward, Inc.（WWD）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是Woodward, Inc.的1.3倍（$1.3B vs $996.5M），Woodward, Inc.净利率更高（13.4% vs 7.0%，领先6.4%），Woodward, Inc.同比增速更快（29.0% vs -4.1%），Woodward, Inc.自由现金流更多（$70.3M vs $-250.7M），过去两年Woodward, Inc.的营收复合增速更高（9.2% vs -0.1%）
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
伍德沃德（Woodward, Inc.）是美国的控制系统及组件供应商，业务涵盖产品设计、制造与全链条服务，产品广泛应用于飞机、航空发动机、工业发动机与轮机、发电及移动工业设备领域，同时为国防领域供应军用装置及其他配套设备。
MMS vs WWD — 直观对比
营收规模更大
MMS
是对方的1.3倍
$996.5M
营收增速更快
WWD
高出33.1%
-4.1%
净利率更高
WWD
高出6.4%
7.0%
自由现金流更多
WWD
多$321.0M
$-250.7M
两年增速更快
WWD
近两年复合增速
-0.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $996.5M |
| 净利润 | $93.9M | $133.7M |
| 毛利率 | 23.7% | 29.3% |
| 营业利润率 | 10.9% | 17.0% |
| 净利率 | 7.0% | 13.4% |
| 营收同比 | -4.1% | 29.0% |
| 净利润同比 | 128.0% | 53.5% |
| 每股收益（稀释后） | $1.70 | $2.17 |
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MMSWWD
| Q4 25 | $1.3B | $996.5M | ||
| Q3 25 | $1.3B | $995.3M | ||
| Q2 25 | $1.3B | $915.4M | ||
| Q1 25 | $1.4B | $883.6M | ||
| Q4 24 | $1.4B | $772.7M | ||
| Q3 24 | $1.3B | $854.5M | ||
| Q2 24 | $1.3B | $847.7M | ||
| Q1 24 | $1.3B | $835.3M |
净利润MMSWWD
| Q4 25 | $93.9M | $133.7M | ||
| Q3 25 | $75.3M | $137.6M | ||
| Q2 25 | $106.0M | $108.4M | ||
| Q1 25 | $96.6M | $108.9M | ||
| Q4 24 | $41.2M | $87.1M | ||
| Q3 24 | $72.5M | $83.3M | ||
| Q2 24 | $89.8M | $102.1M | ||
| Q1 24 | $80.5M | $97.6M |
毛利率MMSWWD
| Q4 25 | 23.7% | 29.3% | ||
| Q3 25 | 25.3% | 27.9% | ||
| Q2 25 | 26.7% | 27.2% | ||
| Q1 25 | 24.9% | 27.2% | ||
| Q4 24 | 21.5% | 24.5% | ||
| Q3 24 | 22.9% | 24.3% | ||
| Q2 24 | 25.3% | 27.1% | ||
| Q1 24 | 23.6% | 28.1% |
营业利润率MMSWWD
| Q4 25 | 10.9% | 17.0% | ||
| Q3 25 | 9.3% | 16.1% | ||
| Q2 25 | 12.3% | 13.9% | ||
| Q1 25 | 11.2% | 15.0% | ||
| Q4 24 | 6.2% | 13.2% | ||
| Q3 24 | 8.5% | 11.9% | ||
| Q2 24 | 10.8% | 14.4% | ||
| Q1 24 | 9.5% | 14.4% |
净利率MMSWWD
| Q4 25 | 7.0% | 13.4% | ||
| Q3 25 | 5.7% | 13.8% | ||
| Q2 25 | 7.9% | 11.8% | ||
| Q1 25 | 7.1% | 12.3% | ||
| Q4 24 | 2.9% | 11.3% | ||
| Q3 24 | 5.5% | 9.7% | ||
| Q2 24 | 6.8% | 12.0% | ||
| Q1 24 | 6.0% | 11.7% |
每股收益（稀释后）MMSWWD
| Q4 25 | $1.70 | $2.17 | ||
| Q3 25 | $1.27 | $2.23 | ||
| Q2 25 | $1.86 | $1.76 | ||
| Q1 25 | $1.69 | $1.78 | ||
| Q4 24 | $0.69 | $1.42 | ||
| Q3 24 | $1.18 | $1.36 | ||
| Q2 24 | $1.46 | $1.63 | ||
| Q1 24 | $1.31 | $1.56 |
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 | $137.6M | $454.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.7B | $2.6B |
| 总资产 | $4.2B | $4.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MMSWWD
| Q4 25 | $137.6M | $454.2M | ||
| Q3 25 | $222.4M | $327.4M | ||
| Q2 25 | $59.8M | $473.2M | ||
| Q1 25 | $108.1M | $364.1M | ||
| Q4 24 | $72.7M | $283.7M | ||
| Q3 24 | $183.1M | $282.3M | ||
| Q2 24 | $102.8M | $308.3M | ||
| Q1 24 | $77.4M | $316.9M |
总债务MMSWWD
| Q4 25 | — | — | ||
| Q3 25 | — | $579.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $655.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MMSWWD
| Q4 25 | $1.7B | $2.6B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.8B | $2.5B | ||
| Q1 25 | $1.7B | $2.3B | ||
| Q4 24 | $1.6B | $2.2B | ||
| Q3 24 | $1.8B | $2.2B | ||
| Q2 24 | $1.8B | $2.2B | ||
| Q1 24 | $1.8B | $2.3B |
总资产MMSWWD
| Q4 25 | $4.2B | $4.7B | ||
| Q3 25 | $4.1B | $4.6B | ||
| Q2 25 | $4.5B | $4.7B | ||
| Q1 25 | $4.2B | $4.5B | ||
| Q4 24 | $4.1B | $4.3B | ||
| Q3 24 | $4.1B | $4.4B | ||
| Q2 24 | $4.0B | $4.3B | ||
| Q1 24 | $4.0B | $4.4B |
负债/权益比MMSWWD
| Q4 25 | — | — | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.30× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-244.4M | $114.4M |
| 自由现金流经营现金流 - 资本支出 | $-250.7M | $70.3M |
| 自由现金流率自由现金流/营收 | -18.6% | 7.1% |
| 资本支出强度资本支出/营收 | 0.5% | 4.4% |
| 现金转化率经营现金流/净利润 | -2.60× | 0.86× |
| 过去12个月自由现金流最近4个季度 | $218.5M | $409.7M |
8季度趋势，按日历期对齐
经营现金流MMSWWD
| Q4 25 | $-244.4M | $114.4M | ||
| Q3 25 | $649.4M | $233.3M | ||
| Q2 25 | $-182.7M | $125.6M | ||
| Q1 25 | $42.7M | $77.8M | ||
| Q4 24 | $-80.0M | $34.5M | ||
| Q3 24 | $163.8M | $141.8M | ||
| Q2 24 | $199.3M | $153.2M | ||
| Q1 24 | $130.5M | $97.3M |
自由现金流MMSWWD
| Q4 25 | $-250.7M | $70.3M | ||
| Q3 25 | $641.8M | $180.9M | ||
| Q2 25 | $-198.2M | $99.1M | ||
| Q1 25 | $25.5M | $59.4M | ||
| Q4 24 | $-103.0M | $942.0K | ||
| Q3 24 | $131.9M | $117.7M | ||
| Q2 24 | $164.6M | $137.3M | ||
| Q1 24 | $105.2M | $82.8M |
自由现金流率MMSWWD
| Q4 25 | -18.6% | 7.1% | ||
| Q3 25 | 48.7% | 18.2% | ||
| Q2 25 | -14.7% | 10.8% | ||
| Q1 25 | 1.9% | 6.7% | ||
| Q4 24 | -7.3% | 0.1% | ||
| Q3 24 | 10.0% | 13.8% | ||
| Q2 24 | 12.5% | 16.2% | ||
| Q1 24 | 7.8% | 9.9% |
资本支出强度MMSWWD
| Q4 25 | 0.5% | 4.4% | ||
| Q3 25 | 0.6% | 5.3% | ||
| Q2 25 | 1.1% | 2.9% | ||
| Q1 25 | 1.3% | 2.1% | ||
| Q4 24 | 1.6% | 4.3% | ||
| Q3 24 | 2.4% | 2.8% | ||
| Q2 24 | 2.6% | 1.9% | ||
| Q1 24 | 1.9% | 1.7% |
现金转化率MMSWWD
| Q4 25 | -2.60× | 0.86× | ||
| Q3 25 | 8.63× | 1.70× | ||
| Q2 25 | -1.72× | 1.16× | ||
| Q1 25 | 0.44× | 0.71× | ||
| Q4 24 | -1.94× | 0.40× | ||
| Q3 24 | 2.26× | 1.70× | ||
| Q2 24 | 2.22× | 1.50× | ||
| Q1 24 | 1.62× | 1.00× |
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
MMS
| Clinical Services | $523.7M | 39% |
| Cost Plus Contracts | $386.4M | 29% |
| Outside The United States | $143.2M | 11% |
| International Government Agencies | $141.0M | 10% |
| Technology Solutions | $74.8M | 6% |
| Employment And Other | $70.2M | 5% |
| Other Including Local Municipalities And Commercial Customers | $17.6M | 1% |
WWD
| Transferred At Point In Time | $253.6M | 25% |
| Commercial OEM | $187.9M | 19% |
| Transportation | $166.3M | 17% |
| Defense OEM | $138.2M | 14% |
| Power Generation | $122.8M | 12% |
| Oil And Gas | $72.4M | 7% |
| Defense Aftermarket | $63.8M | 6% |
