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Thermon Group Holdings, Inc.（THR）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Thermon Group Holdings, Inc.的6.8倍（$996.5M vs $147.3M）。Woodward, Inc.净利率更高（13.4% vs 12.4%，领先1.0%）。Woodward, Inc.同比增速更快（29.0% vs 9.6%）。Woodward, Inc.自由现金流更多（$70.3M vs $13.1M）
Thermon Group Holdings是全球专业热管理解决方案供应商，主打伴热系统、加热电缆、温控监测设备及相关安装支持服务，服务油气、化工、发电、食品饮料等核心工业领域，业务覆盖北美、欧洲、亚太、拉美等全球主要市场。
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。
THR vs WWD — 直观对比
营收规模更大
WWD
是对方的6.8倍
$147.3M
营收增速更快
WWD
高出19.3%
9.6%
净利率更高
WWD
高出1.0%
12.4%
自由现金流更多
WWD
多$57.2M
$13.1M
损益表 — Q3 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $147.3M | $996.5M |
| 净利润 | $18.3M | $133.7M |
| 毛利率 | 46.6% | 29.3% |
| 营业利润率 | 18.1% | 17.0% |
| 净利率 | 12.4% | 13.4% |
| 营收同比 | 9.6% | 29.0% |
| 净利润同比 | -1.3% | 53.5% |
| 每股收益（稀释后） | $0.55 | $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THRWWD
| Q4 25 | $147.3M | $996.5M | ||
| Q3 25 | $131.7M | $995.3M | ||
| Q2 25 | $108.9M | $915.4M | ||
| Q1 25 | — | $883.6M | ||
| Q4 24 | — | $772.7M | ||
| Q3 24 | — | $854.5M | ||
| Q2 24 | — | $847.7M | ||
| Q1 24 | — | $835.3M |
净利润THRWWD
| Q4 25 | $18.3M | $133.7M | ||
| Q3 25 | $15.0M | $137.6M | ||
| Q2 25 | $8.6M | $108.4M | ||
| Q1 25 | — | $108.9M | ||
| Q4 24 | — | $87.1M | ||
| Q3 24 | — | $83.3M | ||
| Q2 24 | — | $102.1M | ||
| Q1 24 | — | $97.6M |
毛利率THRWWD
| Q4 25 | 46.6% | 29.3% | ||
| Q3 25 | 46.4% | 27.9% | ||
| Q2 25 | 44.1% | 27.2% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | — | 27.1% | ||
| Q1 24 | — | 28.1% |
营业利润率THRWWD
| Q4 25 | 18.1% | 17.0% | ||
| Q3 25 | 16.4% | 16.1% | ||
| Q2 25 | 10.8% | 13.9% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 11.9% | ||
| Q2 24 | — | 14.4% | ||
| Q1 24 | — | 14.4% |
净利率THRWWD
| Q4 25 | 12.4% | 13.4% | ||
| Q3 25 | 11.4% | 13.8% | ||
| Q2 25 | 7.9% | 11.8% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 12.0% | ||
| Q1 24 | — | 11.7% |
每股收益（稀释后）THRWWD
| Q4 25 | $0.55 | $2.17 | ||
| Q3 25 | $0.45 | $2.23 | ||
| Q2 25 | $0.26 | $1.76 | ||
| Q1 25 | — | $1.78 | ||
| Q4 24 | — | $1.42 | ||
| Q3 24 | — | $1.36 | ||
| Q2 24 | — | $1.63 | ||
| Q1 24 | — | $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 | $46.9M | $454.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $538.7M | $2.6B |
| 总资产 | $816.7M | $4.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资THRWWD
| Q4 25 | $46.9M | $454.2M | ||
| Q3 25 | $29.7M | $327.4M | ||
| Q2 25 | $36.5M | $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THRWWD
| Q4 25 | — | — | ||
| Q3 25 | — | $579.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $655.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益THRWWD
| Q4 25 | $538.7M | $2.6B | ||
| Q3 25 | $515.2M | $2.6B | ||
| Q2 25 | $509.3M | $2.5B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.2B | ||
| Q1 24 | — | $2.3B |
总资产THRWWD
| Q4 25 | $816.7M | $4.7B | ||
| Q3 25 | $778.2M | $4.6B | ||
| Q2 25 | $765.3M | $4.7B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.4B |
负债/权益比THRWWD
| Q4 25 | — | — | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.30× | ||
| Q2 24 | — | — | ||
| Q1 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 | $18.0M | $114.4M |
| 自由现金流经营现金流 - 资本支出 | $13.1M | $70.3M |
| 自由现金流率自由现金流/营收 | 8.9% | 7.1% |
| 资本支出强度资本支出/营收 | 3.3% | 4.4% |
| 现金转化率经营现金流/净利润 | 0.98× | 0.86× |
| 过去12个月自由现金流最近4个季度 | — | $409.7M |
8季度趋势，按日历期对齐
经营现金流THRWWD
| Q4 25 | $18.0M | $114.4M | ||
| Q3 25 | $7.4M | $233.3M | ||
| Q2 25 | $10.7M | $125.6M | ||
| Q1 25 | — | $77.8M | ||
| Q4 24 | — | $34.5M | ||
| Q3 24 | — | $141.8M | ||
| Q2 24 | — | $153.2M | ||
| Q1 24 | — | $97.3M |
自由现金流THRWWD
| Q4 25 | $13.1M | $70.3M | ||
| Q3 25 | $4.4M | $180.9M | ||
| Q2 25 | $8.3M | $99.1M | ||
| Q1 25 | — | $59.4M | ||
| Q4 24 | — | $942.0K | ||
| Q3 24 | — | $117.7M | ||
| Q2 24 | — | $137.3M | ||
| Q1 24 | — | $82.8M |
自由现金流率THRWWD
| Q4 25 | 8.9% | 7.1% | ||
| Q3 25 | 3.3% | 18.2% | ||
| Q2 25 | 7.6% | 10.8% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 16.2% | ||
| Q1 24 | — | 9.9% |
资本支出强度THRWWD
| Q4 25 | 3.3% | 4.4% | ||
| Q3 25 | 2.3% | 5.3% | ||
| Q2 25 | 2.2% | 2.9% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | — | 1.7% |
现金转化率THRWWD
| Q4 25 | 0.98× | 0.86× | ||
| Q3 25 | 0.50× | 1.70× | ||
| Q2 25 | 1.25× | 1.16× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | — | 1.70× | ||
| Q2 24 | — | 1.50× | ||
| Q1 24 | — | 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
THR
| Other | $73.7M | 50% |
| Transferred At Point In Time | $56.1M | 38% |
| Transferred Over Time | $17.5M | 12% |
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% |
