vs
奥的斯（OTIS）与赛莱默（XYL）财务数据对比。点击上方公司名可切换其他公司
奥的斯的季度营收约是赛莱默的1.5倍（$3.6B vs $2.4B）。赛莱默净利率更高（14.0% vs 9.5%，领先4.4%）。赛莱默同比增速更快（6.3% vs 1.0%）。赛莱默自由现金流更多（$460.0M vs $380.0M）。过去两年赛莱默的营收复合增速更高（8.6% vs -0.5%）
奥的斯（Otis Worldwide）是总部位于美国的知名垂直交通解决方案提供商，专业从事电梯、自动扶梯、自动人行道及相关配套设备的研发、生产与销售业务，产品覆盖全球各地区的商业楼宇、公共设施、住宅等多元场景。
该文本为植物学对木质部的定义说明，并非赛莱默公司（Xylem Inc.）的企业业务介绍。Xylem Inc.是一家专注于水技术与解决方案的全球企业，提供水务基础设施、水环境治理等相关设备与服务。
OTIS vs XYL — 直观对比
营收规模更大
OTIS
是对方的1.5倍
$2.4B
营收增速更快
XYL
高出5.3%
1.0%
净利率更高
XYL
高出4.4%
9.5%
自由现金流更多
XYL
多$80.0M
$380.0M
两年增速更快
XYL
近两年复合增速
-0.5%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $2.4B |
| 净利润 | $340.0M | $335.0M |
| 毛利率 | — | 38.9% |
| 营业利润率 | 15.1% | 14.7% |
| 净利率 | 9.5% | 14.0% |
| 营收同比 | 1.0% | 6.3% |
| 净利润同比 | 750.0% | 2.8% |
| 每股收益（稀释后） | $0.87 | $1.37 |
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OTISXYL
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.8B | $2.4B | ||
| Q3 25 | $3.7B | $2.3B | ||
| Q2 25 | $3.6B | $2.3B | ||
| Q1 25 | $3.4B | $2.1B | ||
| Q4 24 | $3.7B | $2.3B | ||
| Q3 24 | $3.5B | $2.1B | ||
| Q2 24 | $3.6B | $2.2B |
净利润OTISXYL
| Q1 26 | $340.0M | — | ||
| Q4 25 | $374.0M | $335.0M | ||
| Q3 25 | $374.0M | $227.0M | ||
| Q2 25 | $393.0M | $226.0M | ||
| Q1 25 | $243.0M | $169.0M | ||
| Q4 24 | $337.0M | $326.0M | ||
| Q3 24 | $540.0M | $217.0M | ||
| Q2 24 | $415.0M | $194.0M |
毛利率OTISXYL
| Q1 26 | — | — | ||
| Q4 25 | — | 38.9% | ||
| Q3 25 | — | 38.9% | ||
| Q2 25 | — | 38.8% | ||
| Q1 25 | — | 37.1% | ||
| Q4 24 | — | 38.0% | ||
| Q3 24 | — | 37.3% | ||
| Q2 24 | — | 37.8% |
营业利润率OTISXYL
| Q1 26 | 15.1% | — | ||
| Q4 25 | 15.5% | 14.7% | ||
| Q3 25 | 15.9% | 14.7% | ||
| Q2 25 | 15.2% | 13.3% | ||
| Q1 25 | 12.3% | 11.2% | ||
| Q4 24 | 14.4% | 11.8% | ||
| Q3 24 | 10.2% | 13.3% | ||
| Q2 24 | 15.8% | 11.7% |
净利率OTISXYL
| Q1 26 | 9.5% | — | ||
| Q4 25 | 9.9% | 14.0% | ||
| Q3 25 | 10.1% | 10.0% | ||
| Q2 25 | 10.9% | 9.8% | ||
| Q1 25 | 7.3% | 8.2% | ||
| Q4 24 | 9.2% | 14.5% | ||
| Q3 24 | 15.2% | 10.3% | ||
| Q2 24 | 11.5% | 8.9% |
每股收益（稀释后）OTISXYL
| Q1 26 | $0.87 | — | ||
| Q4 25 | $0.95 | $1.37 | ||
| Q3 25 | $0.95 | $0.93 | ||
| Q2 25 | $0.99 | $0.93 | ||
| Q1 25 | $0.61 | $0.69 | ||
| Q4 24 | $0.85 | $1.33 | ||
| Q3 24 | $1.34 | $0.89 | ||
| Q2 24 | $1.02 | $0.80 |
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 | $834.0M | $1.5B |
| 总债务越低越好 | $6.9B | $2.0B |
| 股东权益账面价值 | — | $11.5B |
| 总资产 | $10.5B | $17.6B |
| 负债/权益比越低杠杆越低 | — | 0.17× |
8季度趋势，按日历期对齐
现金及短期投资OTISXYL
| Q1 26 | $834.0M | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $840.0M | $1.2B | ||
| Q2 25 | $688.0M | $1.2B | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $2.3B | $1.1B | ||
| Q3 24 | $827.0M | $989.0M | ||
| Q2 24 | $942.0M | $815.0M |
总债务OTISXYL
| Q1 26 | $6.9B | — | ||
| Q4 25 | $7.8B | $2.0B | ||
| Q3 25 | $7.7B | $2.0B | ||
| Q2 25 | $7.2B | $2.0B | ||
| Q1 25 | $8.4B | $2.0B | ||
| Q4 24 | $8.3B | $2.0B | ||
| Q3 24 | $6.9B | — | ||
| Q2 24 | $6.8B | — |
股东权益OTISXYL
| Q1 26 | — | — | ||
| Q4 25 | $-5.4B | $11.5B | ||
| Q3 25 | $-5.4B | $11.2B | ||
| Q2 25 | $-5.4B | $11.1B | ||
| Q1 25 | $-5.1B | $10.8B | ||
| Q4 24 | $-4.8B | $10.6B | ||
| Q3 24 | $-4.9B | $10.6B | ||
| Q2 24 | $-5.0B | $10.3B |
总资产OTISXYL
| Q1 26 | $10.5B | — | ||
| Q4 25 | $10.7B | $17.6B | ||
| Q3 25 | $10.8B | $17.3B | ||
| Q2 25 | $10.5B | $17.2B | ||
| Q1 25 | $11.2B | $16.6B | ||
| Q4 24 | $11.3B | $16.5B | ||
| Q3 24 | $10.3B | $16.0B | ||
| Q2 24 | $9.9B | $15.8B |
负债/权益比OTISXYL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.18× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $543.0M |
| 自由现金流经营现金流 - 资本支出 | $380.0M | $460.0M |
| 自由现金流率自由现金流/营收 | 10.7% | 19.2% |
| 资本支出强度资本支出/营收 | 0.9% | 3.5% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $910.0M |
8季度趋势，按日历期对齐
经营现金流OTISXYL
| Q1 26 | — | — | ||
| Q4 25 | $817.0M | $543.0M | ||
| Q3 25 | $374.0M | $360.0M | ||
| Q2 25 | $215.0M | $305.0M | ||
| Q1 25 | $190.0M | $33.0M | ||
| Q4 24 | $690.0M | $575.0M | ||
| Q3 24 | $394.0M | $311.0M | ||
| Q2 24 | $308.0M | $288.0M |
自由现金流OTISXYL
| Q1 26 | $380.0M | — | ||
| Q4 25 | $772.0M | $460.0M | ||
| Q3 25 | $337.0M | $281.0M | ||
| Q2 25 | $179.0M | $207.0M | ||
| Q1 25 | $156.0M | $-38.0M | ||
| Q4 24 | $651.0M | $475.0M | ||
| Q3 24 | $362.0M | $237.0M | ||
| Q2 24 | $284.0M | $215.0M |
自由现金流率OTISXYL
| Q1 26 | 10.7% | — | ||
| Q4 25 | 20.3% | 19.2% | ||
| Q3 25 | 9.1% | 12.4% | ||
| Q2 25 | 5.0% | 9.0% | ||
| Q1 25 | 4.7% | -1.8% | ||
| Q4 24 | 17.7% | 21.1% | ||
| Q3 24 | 10.2% | 11.3% | ||
| Q2 24 | 7.9% | 9.9% |
资本支出强度OTISXYL
| Q1 26 | 0.9% | — | ||
| Q4 25 | 1.2% | 3.5% | ||
| Q3 25 | 1.0% | 3.5% | ||
| Q2 25 | 1.0% | 4.3% | ||
| Q1 25 | 1.0% | 3.4% | ||
| Q4 24 | 1.1% | 4.4% | ||
| Q3 24 | 0.9% | 3.5% | ||
| Q2 24 | 0.7% | 3.4% |
现金转化率OTISXYL
| Q1 26 | — | — | ||
| Q4 25 | 2.18× | 1.62× | ||
| Q3 25 | 1.00× | 1.59× | ||
| Q2 25 | 0.55× | 1.35× | ||
| Q1 25 | 0.78× | 0.20× | ||
| Q4 24 | 2.05× | 1.76× | ||
| Q3 24 | 0.73× | 1.43× | ||
| Q2 24 | 0.74× | 1.48× |
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
OTIS
| Service | $2.2B | 61% |
| New Equipment | $1.1B | 32% |
| Other | $230.0M | 6% |
XYL
| Products | $2.0B | 83% |
| Services | $412.0M | 17% |
