vs
STANDARD MOTOR PRODUCTS, INC.（SMP）与Gentherm Inc（THRM）财务数据对比。点击上方公司名可切换其他公司
STANDARD MOTOR PRODUCTS, INC.的季度营收约是Gentherm Inc的1.0倍（$385.1M vs $382.8M），STANDARD MOTOR PRODUCTS, INC.净利率更高（2.0% vs 0.8%，领先1.3%），STANDARD MOTOR PRODUCTS, INC.同比增速更快（12.2% vs 8.5%），Gentherm Inc自由现金流更多（$6.7M vs $-37.6M），过去两年STANDARD MOTOR PRODUCTS, INC.的营收复合增速更高（7.8% vs 3.7%）
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
金瑟公司（原阿梅里贡）是一家美国热管理技术企业，为汽车行业研发出了全球首款热电调温座椅系统——气候控制座椅系统。该系统于1999年率先被福特汽车采纳，作为选装配置搭载在2000款林肯领航员上，如今已应用于福特、通用、丰田（雷克萨斯）、起亚、现代、日产（英菲尼迪）等车企的50余款车型。
SMP vs THRM — 直观对比
营收规模更大
SMP
是对方的1.0倍
$382.8M
营收增速更快
SMP
高出3.7%
8.5%
净利率更高
SMP
高出1.3%
0.8%
自由现金流更多
THRM
多$44.3M
$-37.6M
两年增速更快
SMP
近两年复合增速
3.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $385.1M | $382.8M |
| 净利润 | $7.9M | $3.0M |
| 毛利率 | 31.7% | 23.7% |
| 营业利润率 | 5.6% | 4.6% |
| 净利率 | 2.0% | 0.8% |
| 营收同比 | 12.2% | 8.5% |
| 净利润同比 | 457.9% | -80.5% |
| 每股收益（稀释后） | $0.34 | $0.08 |
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SMPTHRM
| Q4 25 | $385.1M | $382.8M | ||
| Q3 25 | $498.8M | $386.9M | ||
| Q2 25 | $493.9M | $375.1M | ||
| Q1 25 | $413.4M | $353.9M | ||
| Q4 24 | $343.4M | $352.9M | ||
| Q3 24 | $399.3M | $371.5M | ||
| Q2 24 | $389.8M | $375.7M | ||
| Q1 24 | $331.4M | $356.0M |
净利润SMPTHRM
| Q4 25 | $7.9M | $3.0M | ||
| Q3 25 | $-4.3M | $14.9M | ||
| Q2 25 | $25.2M | $477.0K | ||
| Q1 25 | $12.6M | $-128.0K | ||
| Q4 24 | $-2.2M | $15.3M | ||
| Q3 24 | $3.8M | $16.0M | ||
| Q2 24 | $17.1M | $18.9M | ||
| Q1 24 | $8.8M | $14.8M |
毛利率SMPTHRM
| Q4 25 | 31.7% | 23.7% | ||
| Q3 25 | 32.4% | 24.6% | ||
| Q2 25 | 30.6% | 23.9% | ||
| Q1 25 | 30.2% | 24.4% | ||
| Q4 24 | 29.4% | 24.4% | ||
| Q3 24 | 30.4% | 25.5% | ||
| Q2 24 | 28.6% | 25.7% | ||
| Q1 24 | 27.0% | 24.9% |
营业利润率SMPTHRM
| Q4 25 | 5.6% | 4.6% | ||
| Q3 25 | 9.5% | 6.2% | ||
| Q2 25 | 8.7% | 6.4% | ||
| Q1 25 | 5.9% | 4.8% | ||
| Q4 24 | 1.1% | 6.7% | ||
| Q3 24 | 9.3% | 8.7% | ||
| Q2 24 | 6.4% | 8.8% | ||
| Q1 24 | 4.4% | 5.1% |
净利率SMPTHRM
| Q4 25 | 2.0% | 0.8% | ||
| Q3 25 | -0.9% | 3.9% | ||
| Q2 25 | 5.1% | 0.1% | ||
| Q1 25 | 3.0% | -0.0% | ||
| Q4 24 | -0.6% | 4.3% | ||
| Q3 24 | 1.0% | 4.3% | ||
| Q2 24 | 4.4% | 5.0% | ||
| Q1 24 | 2.7% | 4.2% |
每股收益（稀释后）SMPTHRM
| Q4 25 | $0.34 | $0.08 | ||
| Q3 25 | $-0.19 | $0.49 | ||
| Q2 25 | $1.13 | $0.02 | ||
| Q1 25 | $0.56 | $0.00 | ||
| Q4 24 | $-0.09 | $0.48 | ||
| Q3 24 | $0.17 | $0.51 | ||
| Q2 24 | $0.77 | $0.60 | ||
| Q1 24 | $0.39 | $0.47 |
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 | — | $160.8M |
| 总债务越低越好 | $618.7M | $189.0M |
| 股东权益账面价值 | $683.7M | $720.3M |
| 总资产 | $2.0B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.90× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资SMPTHRM
| Q4 25 | — | $160.8M | ||
| Q3 25 | $87.2M | $154.3M | ||
| Q2 25 | $58.8M | $128.3M | ||
| Q1 25 | $50.3M | $163.1M | ||
| Q4 24 | $44.4M | $134.1M | ||
| Q3 24 | $26.3M | $150.6M | ||
| Q2 24 | $26.2M | $123.5M | ||
| Q1 24 | $27.1M | $125.1M |
总债务SMPTHRM
| Q4 25 | $618.7M | $189.0M | ||
| Q3 25 | $589.5M | $189.0M | ||
| Q2 25 | $636.6M | $209.0M | ||
| Q1 25 | $650.6M | $262.0M | ||
| Q4 24 | $562.3M | $220.1M | ||
| Q3 24 | $142.8M | $222.1M | ||
| Q2 24 | $208.2M | $222.1M | ||
| Q1 24 | $214.9M | $222.2M |
股东权益SMPTHRM
| Q4 25 | $683.7M | $720.3M | ||
| Q3 25 | $677.4M | $717.9M | ||
| Q2 25 | $688.6M | $699.7M | ||
| Q1 25 | $638.0M | $646.5M | ||
| Q4 24 | $615.7M | $616.9M | ||
| Q3 24 | $638.8M | $660.7M | ||
| Q2 24 | $640.0M | $640.3M | ||
| Q1 24 | $639.1M | $647.1M |
总资产SMPTHRM
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.4B | $1.3B |
负债/权益比SMPTHRM
| Q4 25 | 0.90× | 0.26× | ||
| Q3 25 | 0.87× | 0.26× | ||
| Q2 25 | 0.92× | 0.30× | ||
| Q1 25 | 1.02× | 0.41× | ||
| Q4 24 | 0.91× | 0.36× | ||
| Q3 24 | 0.22× | 0.34× | ||
| Q2 24 | 0.33× | 0.35× | ||
| Q1 24 | 0.34× | 0.34× |
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 | $-28.2M | $29.0M |
| 自由现金流经营现金流 - 资本支出 | $-37.6M | $6.7M |
| 自由现金流率自由现金流/营收 | -9.8% | 1.7% |
| 资本支出强度资本支出/营收 | 2.4% | 5.8% |
| 现金转化率经营现金流/净利润 | -3.59× | 9.70× |
| 过去12个月自由现金流最近4个季度 | $18.7M | $61.1M |
8季度趋势，按日历期对齐
经营现金流SMPTHRM
| Q4 25 | $-28.2M | $29.0M | ||
| Q3 25 | $91.6M | $56.1M | ||
| Q2 25 | $54.3M | $45.0M | ||
| Q1 25 | $-60.2M | $-13.3M | ||
| Q4 24 | $-1.5M | $36.6M | ||
| Q3 24 | $88.3M | $46.3M | ||
| Q2 24 | $35.6M | $37.1M | ||
| Q1 24 | $-45.7M | $-10.3M |
自由现金流SMPTHRM
| Q4 25 | $-37.6M | $6.7M | ||
| Q3 25 | $81.5M | $46.5M | ||
| Q2 25 | $44.2M | $36.2M | ||
| Q1 25 | $-69.4M | $-28.2M | ||
| Q4 24 | $-11.4M | $13.6M | ||
| Q3 24 | $77.1M | $26.6M | ||
| Q2 24 | $22.7M | $17.8M | ||
| Q1 24 | $-55.8M | $-21.6M |
自由现金流率SMPTHRM
| Q4 25 | -9.8% | 1.7% | ||
| Q3 25 | 16.3% | 12.0% | ||
| Q2 25 | 8.9% | 9.6% | ||
| Q1 25 | -16.8% | -8.0% | ||
| Q4 24 | -3.3% | 3.9% | ||
| Q3 24 | 19.3% | 7.2% | ||
| Q2 24 | 5.8% | 4.7% | ||
| Q1 24 | -16.8% | -6.1% |
资本支出强度SMPTHRM
| Q4 25 | 2.4% | 5.8% | ||
| Q3 25 | 2.0% | 2.5% | ||
| Q2 25 | 2.1% | 2.4% | ||
| Q1 25 | 2.2% | 4.2% | ||
| Q4 24 | 2.9% | 6.5% | ||
| Q3 24 | 2.8% | 5.3% | ||
| Q2 24 | 3.3% | 5.2% | ||
| Q1 24 | 3.0% | 3.2% |
现金转化率SMPTHRM
| Q4 25 | -3.59× | 9.70× | ||
| Q3 25 | — | 3.75× | ||
| Q2 25 | 2.15× | 94.43× | ||
| Q1 25 | -4.79× | — | ||
| Q4 24 | — | 2.39× | ||
| Q3 24 | 23.19× | 2.90× | ||
| Q2 24 | 2.09× | 1.97× | ||
| Q1 24 | -5.18× | -0.70× |
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
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
THRM
| Climate Control Seats | $200.9M | 52% |
| Lumbar And Massage Comfort Solutions | $58.5M | 15% |
| Climate Control Interiors | $50.3M | 13% |
| Other Automotive | $27.6M | 7% |
| Valve Systems | $24.1M | 6% |
| Medical Segments | $13.9M | 4% |
| Climate And Comfort Electronics | $7.4M | 2% |
