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Insulet Corporation（PODD）与Woodward, Inc.（WWD）财务数据对比。点击上方公司名可切换其他公司
Woodward, Inc.的季度营收约是Insulet Corporation的1.3倍（$996.5M vs $783.7M），Woodward, Inc.净利率更高（13.4% vs 13.0%，领先0.5%），Insulet Corporation同比增速更快（31.2% vs 29.0%），Woodward, Inc.自由现金流更多（$70.3M vs $48.2M），过去两年Insulet Corporation的营收复合增速更高（33.2% vs 9.2%）
Insulet Corporation是深耕糖尿病治疗领域的医疗器械企业，核心产品为胰岛素泵，通过持续皮下输注胰岛素的疗法为患者给药。其产品通常由泵主体、一次性胰岛素储药仓，以及包含皮下植入套管和连接管路的一次性输注套件构成，满足不同患者的治疗需求。
伍德沃德（Woodward, Inc.）是美国的控制系统及组件供应商，业务涵盖产品设计、制造与全链条服务，产品广泛应用于飞机、航空发动机、工业发动机与轮机、发电及移动工业设备领域，同时为国防领域供应军用装置及其他配套设备。
PODD vs WWD — 直观对比
营收规模更大
WWD
是对方的1.3倍
$783.7M
营收增速更快
PODD
高出2.2%
29.0%
净利率更高
WWD
高出0.5%
13.0%
自由现金流更多
WWD
多$22.1M
$48.2M
两年增速更快
PODD
近两年复合增速
9.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $783.7M | $996.5M |
| 净利润 | $101.6M | $133.7M |
| 毛利率 | 72.6% | 29.3% |
| 营业利润率 | 18.7% | 17.0% |
| 净利率 | 13.0% | 13.4% |
| 营收同比 | 31.2% | 29.0% |
| 净利润同比 | 0.9% | 53.5% |
| 每股收益（稀释后） | $1.42 | $2.17 |
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PODDWWD
| Q4 25 | $783.7M | $996.5M | ||
| Q3 25 | $706.3M | $995.3M | ||
| Q2 25 | $649.1M | $915.4M | ||
| Q1 25 | $569.0M | $883.6M | ||
| Q4 24 | $597.5M | $772.7M | ||
| Q3 24 | $543.9M | $854.5M | ||
| Q2 24 | $488.5M | $847.7M | ||
| Q1 24 | $441.7M | $835.3M |
净利润PODDWWD
| Q4 25 | $101.6M | $133.7M | ||
| Q3 25 | $87.6M | $137.6M | ||
| Q2 25 | $22.5M | $108.4M | ||
| Q1 25 | $35.4M | $108.9M | ||
| Q4 24 | $100.7M | $87.1M | ||
| Q3 24 | $77.5M | $83.3M | ||
| Q2 24 | $188.6M | $102.1M | ||
| Q1 24 | $51.5M | $97.6M |
毛利率PODDWWD
| Q4 25 | 72.6% | 29.3% | ||
| Q3 25 | 72.2% | 27.9% | ||
| Q2 25 | 69.7% | 27.2% | ||
| Q1 25 | 71.9% | 27.2% | ||
| Q4 24 | 72.1% | 24.5% | ||
| Q3 24 | 69.3% | 24.3% | ||
| Q2 24 | 67.7% | 27.1% | ||
| Q1 24 | 69.5% | 28.1% |
营业利润率PODDWWD
| Q4 25 | 18.7% | 17.0% | ||
| Q3 25 | 16.7% | 16.1% | ||
| Q2 25 | 18.7% | 13.9% | ||
| Q1 25 | 15.6% | 15.0% | ||
| Q4 24 | 18.3% | 13.2% | ||
| Q3 24 | 16.2% | 11.9% | ||
| Q2 24 | 11.2% | 14.4% | ||
| Q1 24 | 12.9% | 14.4% |
净利率PODDWWD
| Q4 25 | 13.0% | 13.4% | ||
| Q3 25 | 12.4% | 13.8% | ||
| Q2 25 | 3.5% | 11.8% | ||
| Q1 25 | 6.2% | 12.3% | ||
| Q4 24 | 16.9% | 11.3% | ||
| Q3 24 | 14.2% | 9.7% | ||
| Q2 24 | 38.6% | 12.0% | ||
| Q1 24 | 11.7% | 11.7% |
每股收益（稀释后）PODDWWD
| Q4 25 | $1.42 | $2.17 | ||
| Q3 25 | $1.24 | $2.23 | ||
| Q2 25 | $0.32 | $1.76 | ||
| Q1 25 | $0.50 | $1.78 | ||
| Q4 24 | $1.38 | $1.42 | ||
| Q3 24 | $1.08 | $1.36 | ||
| Q2 24 | $2.59 | $1.63 | ||
| Q1 24 | $0.73 | $1.56 |
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 | — | $454.2M |
| 总债务越低越好 | $930.8M | — |
| 股东权益账面价值 | $1.5B | $2.6B |
| 总资产 | $3.2B | $4.7B |
| 负债/权益比越低杠杆越低 | 0.61× | — |
8季度趋势，按日历期对齐
现金及短期投资PODDWWD
| Q4 25 | — | $454.2M | ||
| Q3 25 | — | $327.4M | ||
| Q2 25 | — | $473.2M | ||
| Q1 25 | — | $364.1M | ||
| Q4 24 | — | $283.7M | ||
| Q3 24 | — | $282.3M | ||
| Q2 24 | — | $308.3M | ||
| Q1 24 | — | $316.9M |
总债务PODDWWD
| Q4 25 | $930.8M | — | ||
| Q3 25 | $934.9M | $579.9M | ||
| Q2 25 | $939.0M | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | $655.5M | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益PODDWWD
| Q4 25 | $1.5B | $2.6B | ||
| Q3 25 | $1.4B | $2.6B | ||
| Q2 25 | $1.5B | $2.5B | ||
| Q1 25 | $1.3B | $2.3B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $998.4M | $2.2B | ||
| Q1 24 | $790.7M | $2.3B |
总资产PODDWWD
| Q4 25 | $3.2B | $4.7B | ||
| Q3 25 | $3.0B | $4.6B | ||
| Q2 25 | $3.5B | $4.7B | ||
| Q1 25 | $3.5B | $4.5B | ||
| Q4 24 | $3.1B | $4.3B | ||
| Q3 24 | $3.0B | $4.4B | ||
| Q2 24 | $2.9B | $4.3B | ||
| Q1 24 | $2.6B | $4.4B |
负债/权益比PODDWWD
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.68× | 0.23× | ||
| Q2 25 | 0.64× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | 1.21× | 0.30× | ||
| Q2 24 | 1.36× | — | ||
| Q1 24 | 1.72× | — |
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 | $183.3M | $114.4M |
| 自由现金流经营现金流 - 资本支出 | $48.2M | $70.3M |
| 自由现金流率自由现金流/营收 | 6.2% | 7.1% |
| 资本支出强度资本支出/营收 | 17.2% | 4.4% |
| 现金转化率经营现金流/净利润 | 1.80× | 0.86× |
| 过去12个月自由现金流最近4个季度 | $377.7M | $409.7M |
8季度趋势，按日历期对齐
经营现金流PODDWWD
| Q4 25 | $183.3M | $114.4M | ||
| Q3 25 | $125.7M | $233.3M | ||
| Q2 25 | $196.5M | $125.6M | ||
| Q1 25 | $63.8M | $77.8M | ||
| Q4 24 | $147.7M | $34.5M | ||
| Q3 24 | $98.5M | $141.8M | ||
| Q2 24 | $96.5M | $153.2M | ||
| Q1 24 | $87.6M | $97.3M |
自由现金流PODDWWD
| Q4 25 | $48.2M | $70.3M | ||
| Q3 25 | $100.1M | $180.9M | ||
| Q2 25 | $177.9M | $99.1M | ||
| Q1 25 | $51.5M | $59.4M | ||
| Q4 24 | $94.1M | $942.0K | ||
| Q3 24 | $71.8M | $117.7M | ||
| Q2 24 | $74.0M | $137.3M | ||
| Q1 24 | $65.5M | $82.8M |
自由现金流率PODDWWD
| Q4 25 | 6.2% | 7.1% | ||
| Q3 25 | 14.2% | 18.2% | ||
| Q2 25 | 27.4% | 10.8% | ||
| Q1 25 | 9.1% | 6.7% | ||
| Q4 24 | 15.7% | 0.1% | ||
| Q3 24 | 13.2% | 13.8% | ||
| Q2 24 | 15.1% | 16.2% | ||
| Q1 24 | 14.8% | 9.9% |
资本支出强度PODDWWD
| Q4 25 | 17.2% | 4.4% | ||
| Q3 25 | 3.6% | 5.3% | ||
| Q2 25 | 2.9% | 2.9% | ||
| Q1 25 | 2.2% | 2.1% | ||
| Q4 24 | 9.0% | 4.3% | ||
| Q3 24 | 4.9% | 2.8% | ||
| Q2 24 | 4.6% | 1.9% | ||
| Q1 24 | 5.0% | 1.7% |
现金转化率PODDWWD
| Q4 25 | 1.80× | 0.86× | ||
| Q3 25 | 1.43× | 1.70× | ||
| Q2 25 | 8.73× | 1.16× | ||
| Q1 25 | 1.80× | 0.71× | ||
| Q4 24 | 1.47× | 0.40× | ||
| Q3 24 | 1.27× | 1.70× | ||
| Q2 24 | 0.51× | 1.50× | ||
| Q1 24 | 1.70× | 1.00× |
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
PODD
| U.S.Omnipod | $567.8M | 72% |
| International Omnipod | $214.0M | 27% |
| Drug Delivery | $1.9M | 0% |
WWD
| Transferred At Point In Time | $253.6M | 25% |
| Commercial OEM | $187.9M | 19% |
| Transportation | $166.3M | 17% |
| Defense OEM | $138.2M | 14% |
| Power Generation | $122.8M | 12% |
| Oil And Gas | $72.4M | 7% |
| Defense Aftermarket | $63.8M | 6% |
