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欧文斯科宁（OC）与普信集团（TROW）财务数据对比。点击上方公司名可切换其他公司
欧文斯科宁的季度营收约是普信集团的1.1倍（$2.1B vs $1.9B），普信集团净利率更高（23.0% vs -13.9%，领先36.9%），普信集团同比增速更快（6.0% vs -24.6%），欧文斯科宁自由现金流更多（$333.0M vs $-85.4M），过去两年普信集团的营收复合增速更高（5.1% vs -3.5%）
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
普信集团（T. Rowe Price）是美国上市的全球性资产管理机构，面向个人、机构及金融中介提供基金、次咨询服务、独立账户管理、退休规划等多元金融服务。截至2023年，公司管理资产规模超1.51万亿美元，年营收64.8亿美元，位列美国财富1000强第537位。
OC vs TROW — 直观对比
营收规模更大
OC
是对方的1.1倍
$1.9B
营收增速更快
TROW
高出30.6%
-24.6%
净利率更高
TROW
高出36.9%
-13.9%
自由现金流更多
OC
多$418.4M
$-85.4M
两年增速更快
TROW
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.9B |
| 净利润 | $-298.0M | $445.3M |
| 毛利率 | 23.2% | — |
| 营业利润率 | -10.5% | 24.4% |
| 净利率 | -13.9% | 23.0% |
| 营收同比 | -24.6% | 6.0% |
| 净利润同比 | -15.5% | 1.2% |
| 每股收益（稀释后） | $-3.47 | $1.98 |
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OCTROW
| Q4 25 | $2.1B | $1.9B | ||
| Q3 25 | $2.7B | $1.9B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.5B | $1.8B | ||
| Q4 24 | $2.8B | $1.8B | ||
| Q3 24 | $3.0B | $1.8B | ||
| Q2 24 | $2.8B | $1.7B | ||
| Q1 24 | $2.3B | $1.8B |
净利润OCTROW
| Q4 25 | $-298.0M | $445.3M | ||
| Q3 25 | $-494.0M | $646.1M | ||
| Q2 25 | $363.0M | $505.2M | ||
| Q1 25 | $-93.0M | $490.5M | ||
| Q4 24 | $-258.0M | $439.9M | ||
| Q3 24 | $321.0M | $603.0M | ||
| Q2 24 | $285.0M | $483.4M | ||
| Q1 24 | $299.0M | $573.8M |
毛利率OCTROW
| Q4 25 | 23.2% | — | ||
| Q3 25 | 28.2% | — | ||
| Q2 25 | 31.2% | — | ||
| Q1 25 | 28.7% | — | ||
| Q4 24 | 28.1% | — | ||
| Q3 24 | 29.8% | — | ||
| Q2 24 | 31.1% | — | ||
| Q1 24 | 29.6% | — |
营业利润率OCTROW
| Q4 25 | -10.5% | 24.4% | ||
| Q3 25 | -12.2% | 34.0% | ||
| Q2 25 | 18.4% | 27.8% | ||
| Q1 25 | 16.1% | 33.8% | ||
| Q4 24 | -8.5% | 31.2% | ||
| Q3 24 | 16.7% | 34.4% | ||
| Q2 24 | 16.4% | 32.6% | ||
| Q1 24 | 17.5% | 33.5% |
净利率OCTROW
| Q4 25 | -13.9% | 23.0% | ||
| Q3 25 | -18.4% | 34.1% | ||
| Q2 25 | 13.2% | 29.3% | ||
| Q1 25 | -3.7% | 27.8% | ||
| Q4 24 | -9.1% | 24.1% | ||
| Q3 24 | 10.5% | 33.8% | ||
| Q2 24 | 10.2% | 27.9% | ||
| Q1 24 | 13.0% | 32.8% |
每股收益（稀释后）OCTROW
| Q4 25 | $-3.47 | $1.98 | ||
| Q3 25 | $-5.92 | $2.87 | ||
| Q2 25 | $4.25 | $2.24 | ||
| Q1 25 | $-1.08 | $2.15 | ||
| Q4 24 | $-2.92 | $1.91 | ||
| Q3 24 | $3.65 | $2.64 | ||
| Q2 24 | $3.24 | $2.11 | ||
| Q1 24 | $3.40 | $2.49 |
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 | $345.0M | $3.4B |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $3.9B | $10.9B |
| 总资产 | $13.0B | $14.3B |
| 负债/权益比越低杠杆越低 | 1.22× | — |
8季度趋势，按日历期对齐
现金及短期投资OCTROW
| Q4 25 | $345.0M | $3.4B | ||
| Q3 25 | $286.0M | $3.6B | ||
| Q2 25 | $230.0M | $3.1B | ||
| Q1 25 | $400.0M | $2.8B | ||
| Q4 24 | $361.0M | $2.6B | ||
| Q3 24 | $499.0M | $3.2B | ||
| Q2 24 | $254.0M | $2.7B | ||
| Q1 24 | $1.3B | $2.4B |
总债务OCTROW
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $2.6B | — |
股东权益OCTROW
| Q4 25 | $3.9B | $10.9B | ||
| Q3 25 | $4.4B | $10.8B | ||
| Q2 25 | $5.2B | $10.6B | ||
| Q1 25 | $4.9B | $10.4B | ||
| Q4 24 | $5.1B | $10.3B | ||
| Q3 24 | $5.6B | $10.2B | ||
| Q2 24 | $5.5B | $9.9B | ||
| Q1 24 | $5.2B | $9.8B |
总资产OCTROW
| Q4 25 | $13.0B | $14.3B | ||
| Q3 25 | $13.5B | $14.7B | ||
| Q2 25 | $14.5B | $14.3B | ||
| Q1 25 | $14.3B | $14.0B | ||
| Q4 24 | $14.1B | $13.5B | ||
| Q3 24 | $15.1B | $13.7B | ||
| Q2 24 | $15.0B | $13.1B | ||
| Q1 24 | $11.3B | $12.9B |
负债/权益比OCTROW
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.89× | — | ||
| Q2 24 | 0.92× | — | ||
| Q1 24 | 0.51× | — |
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 | $590.0M | $-18.7M |
| 自由现金流经营现金流 - 资本支出 | $333.0M | $-85.4M |
| 自由现金流率自由现金流/营收 | 15.5% | -4.4% |
| 资本支出强度资本支出/营收 | 12.0% | 3.4% |
| 现金转化率经营现金流/净利润 | — | -0.04× |
| 过去12个月自由现金流最近4个季度 | $962.0M | $1.5B |
8季度趋势，按日历期对齐
经营现金流OCTROW
| Q4 25 | $590.0M | $-18.7M | ||
| Q3 25 | $918.0M | $609.3M | ||
| Q2 25 | $327.0M | $529.9M | ||
| Q1 25 | $-49.0M | $632.9M | ||
| Q4 24 | $676.0M | $-281.9M | ||
| Q3 24 | $699.0M | $652.5M | ||
| Q2 24 | $493.0M | $677.7M | ||
| Q1 24 | $24.0M | $637.3M |
自由现金流OCTROW
| Q4 25 | $333.0M | $-85.4M | ||
| Q3 25 | $752.0M | $546.0M | ||
| Q2 25 | $129.0M | $467.7M | ||
| Q1 25 | $-252.0M | $550.9M | ||
| Q4 24 | $479.0M | $-394.9M | ||
| Q3 24 | $558.0M | $547.9M | ||
| Q2 24 | $336.0M | $574.4M | ||
| Q1 24 | $-128.0M | $534.8M |
自由现金流率OCTROW
| Q4 25 | 15.5% | -4.4% | ||
| Q3 25 | 28.0% | 28.8% | ||
| Q2 25 | 4.7% | 27.1% | ||
| Q1 25 | -10.0% | 31.2% | ||
| Q4 24 | 16.9% | -21.6% | ||
| Q3 24 | 18.3% | 30.7% | ||
| Q2 24 | 12.0% | 33.1% | ||
| Q1 24 | -5.6% | 30.6% |
资本支出强度OCTROW
| Q4 25 | 12.0% | 3.4% | ||
| Q3 25 | 6.2% | 3.3% | ||
| Q2 25 | 7.2% | 3.6% | ||
| Q1 25 | 8.0% | 4.6% | ||
| Q4 24 | 6.9% | 6.2% | ||
| Q3 24 | 4.6% | 5.9% | ||
| Q2 24 | 5.6% | 6.0% | ||
| Q1 24 | 6.6% | 5.9% |
现金转化率OCTROW
| Q4 25 | — | -0.04× | ||
| Q3 25 | — | 0.94× | ||
| Q2 25 | 0.90× | 1.05× | ||
| Q1 25 | — | 1.29× | ||
| Q4 24 | — | -0.64× | ||
| Q3 24 | 2.18× | 1.08× | ||
| Q2 24 | 1.73× | 1.40× | ||
| Q1 24 | 0.08× | 1.11× |
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
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
TROW
| Asset Management1 | $1.7B | 90% |
| Administrative Distribution Servicing And Other Fee Revenue | $141.5M | 7% |
| Other | $40.8M | 2% |
| Performance Based Advisory Fees | $14.2M | 1% |
