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Envista Holdings Corp（NVST）与Trade Desk (The)（TTD）财务数据对比。点击上方公司名可切换其他公司
Trade Desk (The)的季度营收约是Envista Holdings Corp的1.1倍（$846.8M vs $750.6M），Trade Desk (The)净利率更高（22.1% vs 4.4%，领先17.7%），Envista Holdings Corp同比增速更快（15.0% vs 14.3%），Trade Desk (The)自由现金流更多（$285.3M vs $91.7M），过去两年Trade Desk (The)的营收复合增速更高（31.3% vs 9.7%）
Envista Holdings Corp是一家总部位于美国的企业，旗下Envista Forensics业务板块面向保险、法律及风险管理行业，在全球范围内提供法务工程与事故复原解决方案。公司前身为LWG咨询有限公司，2017年正式更名为Envista Forensics。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
NVST vs TTD — 直观对比
营收规模更大
TTD
是对方的1.1倍
$750.6M
营收增速更快
NVST
高出0.7%
14.3%
净利率更高
TTD
高出17.7%
4.4%
自由现金流更多
TTD
多$193.6M
$91.7M
两年增速更快
TTD
近两年复合增速
9.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $750.6M | $846.8M |
| 净利润 | $32.9M | $186.9M |
| 毛利率 | 54.7% | 80.7% |
| 营业利润率 | 9.8% | 30.3% |
| 净利率 | 4.4% | 22.1% |
| 营收同比 | 15.0% | 14.3% |
| 净利润同比 | 2641.7% | 2.6% |
| 每股收益（稀释后） | $0.20 | $0.39 |
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NVSTTTD
| Q4 25 | $750.6M | $846.8M | ||
| Q3 25 | $669.9M | $739.4M | ||
| Q2 25 | $682.1M | $694.0M | ||
| Q1 25 | $616.9M | $616.0M | ||
| Q4 24 | $652.9M | $741.0M | ||
| Q3 24 | $601.0M | $628.0M | ||
| Q2 24 | $633.1M | $584.5M | ||
| Q1 24 | $623.6M | $491.3M |
净利润NVSTTTD
| Q4 25 | $32.9M | $186.9M | ||
| Q3 25 | $-30.3M | $115.5M | ||
| Q2 25 | $26.4M | $90.1M | ||
| Q1 25 | $18.0M | $50.7M | ||
| Q4 24 | $1.2M | $182.2M | ||
| Q3 24 | $8.2M | $94.2M | ||
| Q2 24 | $-1.2B | $85.0M | ||
| Q1 24 | $23.6M | $31.7M |
毛利率NVSTTTD
| Q4 25 | 54.7% | 80.7% | ||
| Q3 25 | 55.3% | 78.1% | ||
| Q2 25 | 54.2% | 78.2% | ||
| Q1 25 | 54.5% | 76.8% | ||
| Q4 24 | 57.1% | 81.7% | ||
| Q3 24 | 52.8% | 80.5% | ||
| Q2 24 | 51.6% | 81.1% | ||
| Q1 24 | 57.1% | 78.9% |
营业利润率NVSTTTD
| Q4 25 | 9.8% | 30.3% | ||
| Q3 25 | 8.6% | 21.8% | ||
| Q2 25 | 6.8% | 16.8% | ||
| Q1 25 | 6.3% | 8.8% | ||
| Q4 24 | 7.1% | 26.4% | ||
| Q3 24 | 3.5% | 17.3% | ||
| Q2 24 | -182.2% | 16.2% | ||
| Q1 24 | 7.7% | 5.8% |
净利率NVSTTTD
| Q4 25 | 4.4% | 22.1% | ||
| Q3 25 | -4.5% | 15.6% | ||
| Q2 25 | 3.9% | 13.0% | ||
| Q1 25 | 2.9% | 8.2% | ||
| Q4 24 | 0.2% | 24.6% | ||
| Q3 24 | 1.4% | 15.0% | ||
| Q2 24 | -181.9% | 14.5% | ||
| Q1 24 | 3.8% | 6.4% |
每股收益（稀释后）NVSTTTD
| Q4 25 | $0.20 | $0.39 | ||
| Q3 25 | $-0.18 | $0.23 | ||
| Q2 25 | $0.16 | $0.18 | ||
| Q1 25 | $0.10 | $0.10 | ||
| Q4 24 | $0.00 | $0.36 | ||
| Q3 24 | $0.05 | $0.19 | ||
| Q2 24 | $-6.69 | $0.17 | ||
| Q1 24 | $0.14 | $0.06 |
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 | $1.2B | $1.3B |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $3.1B | $2.5B |
| 总资产 | $5.7B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资NVSTTTD
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $991.3M | $1.7B | ||
| Q2 24 | $1.0B | $1.5B | ||
| Q1 24 | $948.5M | $1.4B |
总债务NVSTTTD
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
股东权益NVSTTTD
| Q4 25 | $3.1B | $2.5B | ||
| Q3 25 | $3.1B | $2.6B | ||
| Q2 25 | $3.1B | $2.7B | ||
| Q1 25 | $3.0B | $2.7B | ||
| Q4 24 | $2.9B | $2.9B | ||
| Q3 24 | $3.1B | $2.6B | ||
| Q2 24 | $3.0B | $2.4B | ||
| Q1 24 | $4.1B | $2.2B |
总资产NVSTTTD
| Q4 25 | $5.7B | $6.2B | ||
| Q3 25 | $5.6B | $5.9B | ||
| Q2 25 | $5.7B | $6.0B | ||
| Q1 25 | $5.5B | $5.7B | ||
| Q4 24 | $5.4B | $6.1B | ||
| Q3 24 | $5.5B | $5.5B | ||
| Q2 24 | $5.4B | $5.2B | ||
| Q1 24 | $6.6B | $4.7B |
负债/权益比NVSTTTD
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.48× | — | ||
| Q3 24 | 0.46× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.36× | — |
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 | $108.0M | $311.6M |
| 自由现金流经营现金流 - 资本支出 | $91.7M | $285.3M |
| 自由现金流率自由现金流/营收 | 12.2% | 33.7% |
| 资本支出强度资本支出/营收 | 2.2% | 3.1% |
| 现金转化率经营现金流/净利润 | 3.28× | 1.67× |
| 过去12个月自由现金流最近4个季度 | $230.4M | $795.7M |
8季度趋势，按日历期对齐
经营现金流NVSTTTD
| Q4 25 | $108.0M | $311.6M | ||
| Q3 25 | $78.7M | $224.7M | ||
| Q2 25 | $88.7M | $165.0M | ||
| Q1 25 | $300.0K | $291.4M | ||
| Q4 24 | $132.4M | $199.4M | ||
| Q3 24 | $70.7M | $273.3M | ||
| Q2 24 | $93.1M | $81.3M | ||
| Q1 24 | $40.3M | $185.5M |
自由现金流NVSTTTD
| Q4 25 | $91.7M | $285.3M | ||
| Q3 25 | $67.9M | $158.3M | ||
| Q2 25 | $76.4M | $119.8M | ||
| Q1 25 | $-5.6M | $232.3M | ||
| Q4 24 | $123.8M | $179.2M | ||
| Q3 24 | $63.3M | $224.6M | ||
| Q2 24 | $86.3M | $59.1M | ||
| Q1 24 | $29.3M | $178.2M |
自由现金流率NVSTTTD
| Q4 25 | 12.2% | 33.7% | ||
| Q3 25 | 10.1% | 21.4% | ||
| Q2 25 | 11.2% | 17.3% | ||
| Q1 25 | -0.9% | 37.7% | ||
| Q4 24 | 19.0% | 24.2% | ||
| Q3 24 | 10.5% | 35.8% | ||
| Q2 24 | 13.6% | 10.1% | ||
| Q1 24 | 4.7% | 36.3% |
资本支出强度NVSTTTD
| Q4 25 | 2.2% | 3.1% | ||
| Q3 25 | 1.6% | 9.0% | ||
| Q2 25 | 1.8% | 6.5% | ||
| Q1 25 | 1.0% | 9.6% | ||
| Q4 24 | 1.3% | 2.7% | ||
| Q3 24 | 1.2% | 7.8% | ||
| Q2 24 | 1.1% | 3.8% | ||
| Q1 24 | 1.8% | 1.5% |
现金转化率NVSTTTD
| Q4 25 | 3.28× | 1.67× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | 3.36× | 1.83× | ||
| Q1 25 | 0.02× | 5.75× | ||
| Q4 24 | 110.33× | 1.09× | ||
| Q3 24 | 8.62× | 2.90× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | 1.71× | 5.86× |
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
NVST
| Other | $375.8M | 50% |
| Specialty Productsand Technologies | $188.4M | 25% |
| Equipmentand Consumables | $186.4M | 25% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
