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摩丁制造（MOD）与NATIONAL FUEL GAS CO（NFG）财务数据对比。点击上方公司名可切换其他公司
摩丁制造的季度营收约是NATIONAL FUEL GAS CO的1.9倍（$805.0M vs $425.9M），NATIONAL FUEL GAS CO净利率更高（35.7% vs -5.9%，领先41.6%），摩丁制造同比增速更快（30.5% vs 1.7%），过去两年摩丁制造的营收复合增速更高（15.5% vs 12.1%）
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
该多元化能源企业成立于1902年，总部位于美国纽约州威廉斯维尔，总资产达62亿美元，下设勘探与生产、管道与存储、燃气集输、公用事业、能源营销五大运营板块，业务覆盖能源产业链上下游多个核心环节。
MOD vs NFG — 直观对比
营收规模更大
MOD
是对方的1.9倍
$425.9M
营收增速更快
MOD
高出28.8%
1.7%
净利率更高
NFG
高出41.6%
-5.9%
两年增速更快
MOD
近两年复合增速
12.1%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $805.0M | $425.9M |
| 净利润 | $-47.4M | $152.0M |
| 毛利率 | 23.1% | — |
| 营业利润率 | 11.1% | 81.5% |
| 净利率 | -5.9% | 35.7% |
| 营收同比 | 30.5% | 1.7% |
| 净利润同比 | -215.6% | — |
| 每股收益（稀释后） | $-0.90 | $1.59 |
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MODNFG
| Q1 26 | — | $425.9M | ||
| Q4 25 | $805.0M | $637.9M | ||
| Q3 25 | $738.9M | $443.1M | ||
| Q2 25 | $682.8M | $527.4M | ||
| Q1 25 | $647.2M | $734.8M | ||
| Q4 24 | $616.8M | $513.8M | ||
| Q3 24 | $658.0M | $310.0M | ||
| Q2 24 | $661.5M | $338.6M |
净利润MODNFG
| Q1 26 | — | $152.0M | ||
| Q4 25 | $-47.4M | $181.6M | ||
| Q3 25 | $44.4M | $107.3M | ||
| Q2 25 | $51.2M | $149.8M | ||
| Q1 25 | $49.6M | $216.4M | ||
| Q4 24 | $41.0M | $45.0M | ||
| Q3 24 | $46.1M | $-167.6M | ||
| Q2 24 | $47.3M | $-54.2M |
毛利率MODNFG
| Q1 26 | — | — | ||
| Q4 25 | 23.1% | 86.6% | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 24.2% | 94.7% | ||
| Q1 25 | 25.6% | 81.6% | ||
| Q4 24 | 24.3% | 87.3% | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.6% | 98.5% |
营业利润率MODNFG
| Q1 26 | — | 81.5% | ||
| Q4 25 | 11.1% | 43.3% | ||
| Q3 25 | 9.9% | 40.6% | ||
| Q2 25 | 11.1% | 43.7% | ||
| Q1 25 | 11.5% | 43.2% | ||
| Q4 24 | 9.6% | 16.8% | ||
| Q3 24 | 11.4% | -63.4% | ||
| Q2 24 | 11.2% | -15.2% |
净利率MODNFG
| Q1 26 | — | 35.7% | ||
| Q4 25 | -5.9% | 28.5% | ||
| Q3 25 | 6.0% | 24.2% | ||
| Q2 25 | 7.5% | 28.4% | ||
| Q1 25 | 7.7% | 29.4% | ||
| Q4 24 | 6.6% | 8.8% | ||
| Q3 24 | 7.0% | -54.1% | ||
| Q2 24 | 7.2% | -16.0% |
每股收益（稀释后）MODNFG
| Q1 26 | — | $1.59 | ||
| Q4 25 | $-0.90 | $1.98 | ||
| Q3 25 | $0.83 | $1.18 | ||
| Q2 25 | $0.95 | $1.64 | ||
| Q1 25 | $0.92 | $2.37 | ||
| Q4 24 | $0.76 | $0.49 | ||
| Q3 24 | $0.86 | $-1.81 | ||
| Q2 24 | $0.88 | $-0.59 |
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 | $98.7M | — |
| 总债务越低越好 | $570.7M | $300.0M |
| 股东权益账面价值 | $1.1B | — |
| 总资产 | $2.5B | $9.1B |
| 负债/权益比越低杠杆越低 | 0.51× | — |
8季度趋势，按日历期对齐
现金及短期投资MODNFG
| Q1 26 | — | — | ||
| Q4 25 | $98.7M | $271.4M | ||
| Q3 25 | $83.8M | $43.2M | ||
| Q2 25 | $124.5M | $39.3M | ||
| Q1 25 | $71.6M | $40.0M | ||
| Q4 24 | $83.8M | $48.7M | ||
| Q3 24 | $78.6M | $38.2M | ||
| Q2 24 | $72.9M | $81.4M |
总债务MODNFG
| Q1 26 | — | $300.0M | ||
| Q4 25 | $570.7M | $2.7B | ||
| Q3 25 | $525.8M | $2.7B | ||
| Q2 25 | $482.1M | $2.7B | ||
| Q1 25 | $296.7M | $2.7B | ||
| Q4 24 | $330.0M | $2.7B | ||
| Q3 24 | $359.1M | $2.7B | ||
| Q2 24 | $405.7M | $2.7B |
股东权益MODNFG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $3.6B | ||
| Q3 25 | $1.1B | $3.1B | ||
| Q2 25 | $1.0B | $3.0B | ||
| Q1 25 | $910.2M | $2.8B | ||
| Q4 24 | $855.1M | $-76.2M | ||
| Q3 24 | $858.8M | $-15.5M | ||
| Q2 24 | $788.4M | $5.0M |
总资产MODNFG
| Q1 26 | — | $9.1B | ||
| Q4 25 | $2.5B | $9.2B | ||
| Q3 25 | $2.4B | $8.7B | ||
| Q2 25 | $2.2B | $8.4B | ||
| Q1 25 | $1.9B | $8.5B | ||
| Q4 24 | $1.8B | $8.3B | ||
| Q3 24 | $1.9B | $8.3B | ||
| Q2 24 | $1.9B | $8.5B |
负债/权益比MODNFG
| Q1 26 | — | — | ||
| Q4 25 | 0.51× | 0.75× | ||
| Q3 25 | 0.50× | 0.87× | ||
| Q2 25 | 0.48× | 0.90× | ||
| Q1 25 | 0.33× | 0.99× | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.51× | 532.10× |
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 | $24.7M | $657.3M |
| 自由现金流经营现金流 - 资本支出 | $-17.1M | — |
| 自由现金流率自由现金流/营收 | -2.1% | — |
| 资本支出强度资本支出/营收 | 5.2% | 117.0% |
| 现金转化率经营现金流/净利润 | — | 4.32× |
| 过去12个月自由现金流最近4个季度 | $-20.3M | — |
8季度趋势，按日历期对齐
经营现金流MODNFG
| Q1 26 | — | $657.3M | ||
| Q4 25 | $24.7M | $274.9M | ||
| Q3 25 | $1.4M | $237.8M | ||
| Q2 25 | $27.7M | $388.4M | ||
| Q1 25 | $54.8M | $253.8M | ||
| Q4 24 | $60.7M | $220.1M | ||
| Q3 24 | $57.3M | $197.9M | ||
| Q2 24 | $40.5M | $281.8M |
自由现金流MODNFG
| Q1 26 | — | — | ||
| Q4 25 | $-17.1M | $-2.7M | ||
| Q3 25 | $-30.5M | $-47.8M | ||
| Q2 25 | $200.0K | $195.3M | ||
| Q1 25 | $27.1M | $59.9M | ||
| Q4 24 | $44.7M | $-20.3M | ||
| Q3 24 | $43.8M | $-49.1M | ||
| Q2 24 | $13.7M | $79.5M |
自由现金流率MODNFG
| Q1 26 | — | — | ||
| Q4 25 | -2.1% | -0.4% | ||
| Q3 25 | -4.1% | -10.8% | ||
| Q2 25 | 0.0% | 37.0% | ||
| Q1 25 | 4.2% | 8.2% | ||
| Q4 24 | 7.2% | -4.0% | ||
| Q3 24 | 6.7% | -15.8% | ||
| Q2 24 | 2.1% | 23.5% |
资本支出强度MODNFG
| Q1 26 | — | 117.0% | ||
| Q4 25 | 5.2% | 43.5% | ||
| Q3 25 | 4.3% | 64.4% | ||
| Q2 25 | 4.0% | 36.6% | ||
| Q1 25 | 4.3% | 26.4% | ||
| Q4 24 | 2.6% | 46.8% | ||
| Q3 24 | 2.1% | 79.7% | ||
| Q2 24 | 4.1% | 59.7% |
现金转化率MODNFG
| Q1 26 | — | 4.32× | ||
| Q4 25 | — | 1.51× | ||
| Q3 25 | 0.03× | 2.21× | ||
| Q2 25 | 0.54× | 2.59× | ||
| Q1 25 | 1.10× | 1.17× | ||
| Q4 24 | 1.48× | 4.89× | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 0.86× | — |
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
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
NFG
| Revenues from External Customers | $425.8M | 100% |
| Intersegment Revenues | $126.0K | 0% |
