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Orthofix Medical Inc.（OFIX）与印度钢铁管理局（SAIL）财务数据对比。点击上方公司名可切换其他公司
印度钢铁管理局的季度营收约是Orthofix Medical Inc.的1.3倍（$281.9M vs $219.9M），Orthofix Medical Inc.净利率更高（-1.0% vs -12.8%，领先11.7%），印度钢铁管理局同比增速更快（6.7% vs 2.0%），印度钢铁管理局自由现金流更多（$52.5M vs $16.8M）
Orthofix医疗是全球知名骨科医疗器械企业，专注于研发、生产及销售脊柱植入物、骨科创伤产品、骨生长刺激治疗设备及再生医疗产品，服务全球多地的骨科医师与医疗机构，致力于提升肌肉骨骼疾病患者的诊疗效果。
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
OFIX vs SAIL — 直观对比
营收规模更大
SAIL
是对方的1.3倍
$219.9M
营收增速更快
SAIL
高出4.7%
2.0%
净利率更高
OFIX
高出11.7%
-12.8%
自由现金流更多
SAIL
多$35.7M
$16.8M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $219.9M | $281.9M |
| 净利润 | $-2.2M | $-36.0M |
| 毛利率 | 71.1% | 66.3% |
| 营业利润率 | 0.2% | -14.8% |
| 净利率 | -1.0% | -12.8% |
| 营收同比 | 2.0% | 6.7% |
| 净利润同比 | 92.4% | -240.9% |
| 每股收益（稀释后） | $-0.05 | $-0.06 |
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OFIXSAIL
| Q4 25 | $219.9M | $281.9M | ||
| Q3 25 | $205.6M | $264.4M | ||
| Q2 25 | $203.1M | $230.5M | ||
| Q1 25 | $193.6M | $240.1M | ||
| Q4 24 | $215.7M | — | ||
| Q3 24 | $196.6M | $198.6M | ||
| Q2 24 | $198.6M | $187.7M | ||
| Q1 24 | $188.6M | — |
净利润OFIXSAIL
| Q4 25 | $-2.2M | $-36.0M | ||
| Q3 25 | $-22.8M | $-10.6M | ||
| Q2 25 | $-14.1M | $-187.3M | ||
| Q1 25 | $-53.1M | $-80.1M | ||
| Q4 24 | $-29.1M | — | ||
| Q3 24 | $-27.4M | $-87.1M | ||
| Q2 24 | $-33.4M | $-89.2M | ||
| Q1 24 | $-36.0M | — |
毛利率OFIXSAIL
| Q4 25 | 71.1% | 66.3% | ||
| Q3 25 | 72.2% | 67.3% | ||
| Q2 25 | 68.7% | 55.4% | ||
| Q1 25 | 62.8% | 66.5% | ||
| Q4 24 | 69.0% | — | ||
| Q3 24 | 68.7% | 62.1% | ||
| Q2 24 | 67.8% | 61.5% | ||
| Q1 24 | 67.5% | — |
营业利润率OFIXSAIL
| Q4 25 | 0.2% | -14.8% | ||
| Q3 25 | -8.3% | -15.4% | ||
| Q2 25 | -7.9% | -80.3% | ||
| Q1 25 | -25.2% | -12.6% | ||
| Q4 24 | -5.3% | — | ||
| Q3 24 | -9.6% | -33.2% | ||
| Q2 24 | -12.5% | -36.3% | ||
| Q1 24 | -15.6% | — |
净利率OFIXSAIL
| Q4 25 | -1.0% | -12.8% | ||
| Q3 25 | -11.1% | -4.0% | ||
| Q2 25 | -6.9% | -81.3% | ||
| Q1 25 | -27.4% | -33.4% | ||
| Q4 24 | -13.5% | — | ||
| Q3 24 | -13.9% | -43.9% | ||
| Q2 24 | -16.8% | -47.5% | ||
| Q1 24 | -19.1% | — |
每股收益（稀释后）OFIXSAIL
| Q4 25 | $-0.05 | $-0.06 | ||
| Q3 25 | $-0.57 | $-0.02 | ||
| Q2 25 | $-0.36 | $-0.42 | ||
| Q1 25 | $-1.35 | $-6.50 | ||
| Q4 24 | $-0.76 | — | ||
| Q3 24 | $-0.71 | $-2.97 | ||
| Q2 24 | $-0.88 | $-0.77 | ||
| Q1 24 | $-0.95 | — |
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 | $82.0M | $298.1M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $450.0M | $6.8B |
| 总资产 | $850.6M | $7.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资OFIXSAIL
| Q4 25 | $82.0M | $298.1M | ||
| Q3 25 | $62.9M | $271.1M | ||
| Q2 25 | $65.6M | $228.1M | ||
| Q1 25 | $58.0M | $121.3M | ||
| Q4 24 | $83.2M | — | ||
| Q3 24 | $30.1M | $89.7M | ||
| Q2 24 | $26.4M | $146.8M | ||
| Q1 24 | $27.0M | — |
总债务OFIXSAIL
| Q4 25 | — | $0 | ||
| Q3 25 | $157.2M | $0 | ||
| Q2 25 | $157.0M | $0 | ||
| Q1 25 | $156.9M | $1.0B | ||
| Q4 24 | $157.0M | — | ||
| Q3 24 | $118.5M | — | ||
| Q2 24 | $118.0M | — | ||
| Q1 24 | $118.2M | — |
股东权益OFIXSAIL
| Q4 25 | $450.0M | $6.8B | ||
| Q3 25 | $442.5M | $6.8B | ||
| Q2 25 | $458.3M | $6.8B | ||
| Q1 25 | $458.3M | $-5.6B | ||
| Q4 24 | $503.1M | — | ||
| Q3 24 | $525.9M | $-701.3M | ||
| Q2 24 | $546.0M | $-622.5M | ||
| Q1 24 | $570.3M | — |
总资产OFIXSAIL
| Q4 25 | $850.6M | $7.5B | ||
| Q3 25 | $832.6M | $7.4B | ||
| Q2 25 | $837.2M | $7.4B | ||
| Q1 25 | $823.1M | $7.4B | ||
| Q4 24 | $893.3M | — | ||
| Q3 24 | $867.9M | — | ||
| Q2 24 | $882.0M | — | ||
| Q1 24 | $906.0M | — |
负债/权益比OFIXSAIL
| Q4 25 | — | 0.00× | ||
| Q3 25 | 0.36× | 0.00× | ||
| Q2 25 | 0.34× | 0.00× | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.23× | — | ||
| Q2 24 | 0.22× | — | ||
| Q1 24 | 0.21× | — |
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 | $27.7M | $53.6M |
| 自由现金流经营现金流 - 资本支出 | $16.8M | $52.5M |
| 自由现金流率自由现金流/营收 | 7.6% | 18.6% |
| 资本支出强度资本支出/营收 | 4.9% | 0.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-1.3M | — |
8季度趋势，按日历期对齐
经营现金流OFIXSAIL
| Q4 25 | $27.7M | $53.6M | ||
| Q3 25 | $12.4M | $49.9M | ||
| Q2 25 | $11.6M | $-96.8M | ||
| Q1 25 | $-18.4M | — | ||
| Q4 24 | $23.7M | — | ||
| Q3 24 | $11.7M | — | ||
| Q2 24 | $9.0M | $-55.4M | ||
| Q1 24 | $-18.6M | — |
自由现金流OFIXSAIL
| Q4 25 | $16.8M | $52.5M | ||
| Q3 25 | $2.5M | $49.0M | ||
| Q2 25 | $4.5M | $-99.0M | ||
| Q1 25 | $-25.1M | — | ||
| Q4 24 | $15.2M | — | ||
| Q3 24 | $6.3M | — | ||
| Q2 24 | $-360.0K | $-56.0M | ||
| Q1 24 | $-29.1M | — |
自由现金流率OFIXSAIL
| Q4 25 | 7.6% | 18.6% | ||
| Q3 25 | 1.2% | 18.5% | ||
| Q2 25 | 2.2% | -43.0% | ||
| Q1 25 | -13.0% | — | ||
| Q4 24 | 7.0% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | -0.2% | -29.8% | ||
| Q1 24 | -15.4% | — |
资本支出强度OFIXSAIL
| Q4 25 | 4.9% | 0.4% | ||
| Q3 25 | 4.8% | 0.4% | ||
| Q2 25 | 3.5% | 1.0% | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 4.7% | 0.3% | ||
| Q1 24 | 5.6% | — |
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
OFIX
| Spinal Implants Biologics And Enabling Technologies | $113.6M | 52% |
| Bone Growth Therapies | $68.3M | 31% |
| Other | $22.7M | 10% |
| IT | $5.9M | 3% |
| GB | $3.5M | 2% |
| FR | $3.5M | 2% |
| DE | $2.3M | 1% |
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
