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豪士科（OSK）与标普全球（VG）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是豪士科的1.7倍（$4.4B vs $2.7B），标普全球净利率更高（26.8% vs 5.0%，领先21.8%），标普全球同比增速更快（191.7% vs 3.5%），豪士科自由现金流更多（$540.3M vs $-1.5B），过去两年标普全球的营收复合增速更高（77.3% vs 2.8%）
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息与数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球能源、标普全球市场财智、印度信用评级机构CRISIL等子品牌，同时是标普道琼斯指数合资公司的控股股东。
OSK vs VG — 直观对比
营收规模更大
VG
是对方的1.7倍
$2.7B
营收增速更快
VG
高出188.2%
3.5%
净利率更高
VG
高出21.8%
5.0%
自由现金流更多
OSK
多$2.1B
$-1.5B
两年增速更快
VG
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $4.4B |
| 净利润 | $133.8M | $1.2B |
| 毛利率 | 15.8% | — |
| 营业利润率 | 7.9% | 38.7% |
| 净利率 | 5.0% | 26.8% |
| 营收同比 | 3.5% | 191.7% |
| 净利润同比 | -12.6% | 20.3% |
| 每股收益（稀释后） | — | $0.41 |
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OSKVG
| Q4 25 | $2.7B | $4.4B | ||
| Q3 25 | $2.7B | $3.3B | ||
| Q2 25 | $2.7B | $3.1B | ||
| Q1 25 | $2.3B | $2.9B | ||
| Q4 24 | $2.6B | $1.5B | ||
| Q3 24 | $2.7B | $926.0M | ||
| Q2 24 | $2.8B | $1.1B | ||
| Q1 24 | $2.5B | $1.4B |
净利润OSKVG
| Q4 25 | $133.8M | $1.2B | ||
| Q3 25 | $196.2M | $550.0M | ||
| Q2 25 | $204.8M | $475.0M | ||
| Q1 25 | $112.2M | $517.0M | ||
| Q4 24 | $153.1M | $990.0M | ||
| Q3 24 | $180.3M | $-294.0M | ||
| Q2 24 | $168.6M | $352.0M | ||
| Q1 24 | $179.4M | $698.0M |
毛利率OSKVG
| Q4 25 | 15.8% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 19.2% | — | ||
| Q1 25 | 17.3% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 18.5% | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 18.5% | — |
营业利润率OSKVG
| Q4 25 | 7.9% | 38.7% | ||
| Q3 25 | 9.7% | 39.7% | ||
| Q2 25 | 10.7% | 33.5% | ||
| Q1 25 | 7.6% | 37.3% | ||
| Q4 24 | 8.6% | 39.0% | ||
| Q3 24 | 9.7% | 20.4% | ||
| Q2 24 | 9.2% | 32.8% | ||
| Q1 24 | 10.2% | 43.6% |
净利率OSKVG
| Q4 25 | 5.0% | 26.8% | ||
| Q3 25 | 7.3% | 16.5% | ||
| Q2 25 | 7.5% | 15.3% | ||
| Q1 25 | 4.9% | 17.9% | ||
| Q4 24 | 5.9% | 65.0% | ||
| Q3 24 | 6.6% | -31.7% | ||
| Q2 24 | 5.9% | 31.8% | ||
| Q1 24 | 7.1% | 49.4% |
每股收益（稀释后）OSKVG
| Q4 25 | — | $0.41 | ||
| Q3 25 | — | $0.16 | ||
| Q2 25 | — | $0.14 | ||
| Q1 25 | — | $0.15 | ||
| Q4 24 | — | $0.35 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $0.12 | ||
| Q1 24 | — | $0.25 |
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 | $479.8M | $2.4B |
| 总债务越低越好 | — | $34.2B |
| 股东权益账面价值 | $4.5B | $6.7B |
| 总资产 | $10.1B | $53.4B |
| 负债/权益比越低杠杆越低 | — | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资OSKVG
| Q4 25 | $479.8M | $2.4B | ||
| Q3 25 | $211.8M | $1.9B | ||
| Q2 25 | $191.7M | $2.2B | ||
| Q1 25 | $210.3M | $3.6B | ||
| Q4 24 | $204.9M | $3.6B | ||
| Q3 24 | $160.9M | — | ||
| Q2 24 | $141.4M | — | ||
| Q1 24 | $69.9M | — |
总债务OSKVG
| Q4 25 | — | $34.2B | ||
| Q3 25 | — | $32.6B | ||
| Q2 25 | — | $30.0B | ||
| Q1 25 | — | $29.3B | ||
| Q4 24 | — | $29.3B | ||
| Q3 24 | $602.3M | — | ||
| Q2 24 | $599.1M | — | ||
| Q1 24 | $598.9M | — |
股东权益OSKVG
| Q4 25 | $4.5B | $6.7B | ||
| Q3 25 | $4.5B | $5.7B | ||
| Q2 25 | $4.5B | $5.3B | ||
| Q1 25 | $4.2B | $4.9B | ||
| Q4 24 | $4.2B | $2.9B | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.8B | — |
总资产OSKVG
| Q4 25 | $10.1B | $53.4B | ||
| Q3 25 | $9.8B | $50.1B | ||
| Q2 25 | $10.0B | $46.5B | ||
| Q1 25 | $9.8B | $45.1B | ||
| Q4 24 | $9.4B | $43.5B | ||
| Q3 24 | $9.9B | — | ||
| Q2 24 | $9.7B | — | ||
| Q1 24 | $9.5B | — |
负债/权益比OSKVG
| Q4 25 | — | 5.07× | ||
| Q3 25 | — | 5.73× | ||
| Q2 25 | — | 5.69× | ||
| Q1 25 | — | 6.01× | ||
| Q4 24 | — | 10.11× | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.16× | — |
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 | $600.1M | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $540.3M | $-1.5B |
| 自由现金流率自由现金流/营收 | 20.1% | -34.1% |
| 资本支出强度资本支出/营收 | 2.2% | 81.6% |
| 现金转化率经营现金流/净利润 | 4.49× | 1.77× |
| 过去12个月自由现金流最近4个季度 | $618.0M | $-6.8B |
8季度趋势，按日历期对齐
经营现金流OSKVG
| Q4 25 | $600.1M | $2.1B | ||
| Q3 25 | $489.0M | $1.9B | ||
| Q2 25 | $89.2M | $1.5B | ||
| Q1 25 | $-394.9M | $1.1B | ||
| Q4 24 | $790.8M | — | ||
| Q3 24 | $326.1M | — | ||
| Q2 24 | $-211.0M | — | ||
| Q1 24 | $-355.8M | $638.0M |
自由现金流OSKVG
| Q4 25 | $540.3M | $-1.5B | ||
| Q3 25 | $464.3M | $-1.4B | ||
| Q2 25 | $48.6M | $-1.5B | ||
| Q1 25 | $-435.2M | $-2.4B | ||
| Q4 24 | $703.3M | — | ||
| Q3 24 | $272.2M | — | ||
| Q2 24 | $-250.5M | — | ||
| Q1 24 | $-455.9M | $-2.4B |
自由现金流率OSKVG
| Q4 25 | 20.1% | -34.1% | ||
| Q3 25 | 17.3% | -42.4% | ||
| Q2 25 | 1.8% | -49.1% | ||
| Q1 25 | -18.8% | -81.3% | ||
| Q4 24 | 27.1% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | -8.8% | — | ||
| Q1 24 | -17.9% | -167.3% |
资本支出强度OSKVG
| Q4 25 | 2.2% | 81.6% | ||
| Q3 25 | 0.9% | 98.9% | ||
| Q2 25 | 1.5% | 96.1% | ||
| Q1 25 | 1.7% | 119.8% | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 3.9% | 212.4% |
现金转化率OSKVG
| Q4 25 | 4.49× | 1.77× | ||
| Q3 25 | 2.49× | 3.42× | ||
| Q2 25 | 0.44× | 3.07× | ||
| Q1 25 | -3.52× | 2.15× | ||
| Q4 24 | 5.17× | — | ||
| Q3 24 | 1.81× | — | ||
| Q2 24 | -1.25× | — | ||
| Q1 24 | -1.98× | 0.91× |
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
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
