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特灵科技（TT）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
特灵科技的季度营收约是标普全球的1.2倍（$5.1B vs $4.4B），标普全球净利率更高（26.8% vs 11.5%，领先15.3%），标普全球同比增速更快（191.7% vs 5.5%），过去两年标普全球的营收复合增速更高（77.3% vs 10.5%）
特灵科技是一家注册地位于爱尔兰的企业，核心业务覆盖采暖、通风、空调及制冷系统领域。品牌历史可追溯至150多年前，历经多次并购与分拆：2008年暖通空调厂商特灵被美国工业工具制造商英格索兰收购，2020年工具业务分拆独立为英格索兰，剩余业务正式更名特灵科技。
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。
TT vs VG — 直观对比
营收规模更大
TT
是对方的1.2倍
$4.4B
营收增速更快
VG
高出186.1%
5.5%
净利率更高
VG
高出15.3%
11.5%
两年增速更快
VG
近两年复合增速
10.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.1B | $4.4B |
| 净利润 | $591.3M | $1.2B |
| 毛利率 | — | — |
| 营业利润率 | 15.9% | 38.7% |
| 净利率 | 11.5% | 26.8% |
| 营收同比 | 5.5% | 191.7% |
| 净利润同比 | -2.2% | 20.3% |
| 每股收益（稀释后） | $2.64 | $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TTVG
| Q4 25 | $5.1B | $4.4B | ||
| Q3 25 | $5.7B | $3.3B | ||
| Q2 25 | $5.7B | $3.1B | ||
| Q1 25 | $4.7B | $2.9B | ||
| Q4 24 | $4.9B | $1.5B | ||
| Q3 24 | $5.4B | $926.0M | ||
| Q2 24 | $5.3B | $1.1B | ||
| Q1 24 | $4.2B | $1.4B |
净利润TTVG
| Q4 25 | $591.3M | $1.2B | ||
| Q3 25 | $847.6M | $550.0M | ||
| Q2 25 | $874.8M | $475.0M | ||
| Q1 25 | $604.9M | $517.0M | ||
| Q4 24 | $604.3M | $990.0M | ||
| Q3 24 | $772.0M | $-294.0M | ||
| Q2 24 | $755.3M | $352.0M | ||
| Q1 24 | $436.3M | $698.0M |
毛利率TTVG
| Q4 25 | — | — | ||
| Q3 25 | 36.9% | — | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | 35.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.3% | — | ||
| Q2 24 | 36.5% | — | ||
| Q1 24 | 34.6% | — |
营业利润率TTVG
| Q4 25 | 15.9% | 38.7% | ||
| Q3 25 | 20.3% | 39.7% | ||
| Q2 25 | 20.3% | 33.5% | ||
| Q1 25 | 17.5% | 37.3% | ||
| Q4 24 | 16.6% | 39.0% | ||
| Q3 24 | 18.8% | 20.4% | ||
| Q2 24 | 19.5% | 32.8% | ||
| Q1 24 | 15.0% | 43.6% |
净利率TTVG
| Q4 25 | 11.5% | 26.8% | ||
| Q3 25 | 14.8% | 16.5% | ||
| Q2 25 | 15.2% | 15.3% | ||
| Q1 25 | 12.9% | 17.9% | ||
| Q4 24 | 12.4% | 65.0% | ||
| Q3 24 | 14.2% | -31.7% | ||
| Q2 24 | 14.2% | 31.8% | ||
| Q1 24 | 10.3% | 49.4% |
每股收益（稀释后）TTVG
| Q4 25 | $2.64 | $0.41 | ||
| Q3 25 | $3.78 | $0.16 | ||
| Q2 25 | $3.89 | $0.14 | ||
| Q1 25 | $2.67 | $0.15 | ||
| Q4 24 | $2.65 | $0.35 | ||
| Q3 24 | $3.39 | $-0.15 | ||
| Q2 24 | $3.30 | $0.12 | ||
| Q1 24 | $1.90 | $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 | $1.8B | $2.4B |
| 总债务越低越好 | $4.6B | $34.2B |
| 股东权益账面价值 | $8.6B | $6.7B |
| 总资产 | $21.4B | $53.4B |
| 负债/权益比越低杠杆越低 | 0.54× | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资TTVG
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $1.6B | $3.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务TTVG
| Q4 25 | $4.6B | $34.2B | ||
| Q3 25 | — | $32.6B | ||
| Q2 25 | — | $30.0B | ||
| Q1 25 | — | $29.3B | ||
| Q4 24 | $4.8B | $29.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益TTVG
| Q4 25 | $8.6B | $6.7B | ||
| Q3 25 | $8.3B | $5.7B | ||
| Q2 25 | $7.8B | $5.3B | ||
| Q1 25 | $7.5B | $4.9B | ||
| Q4 24 | $7.5B | $2.9B | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | $6.9B | — | ||
| Q1 24 | $6.9B | — |
总资产TTVG
| Q4 25 | $21.4B | $53.4B | ||
| Q3 25 | $21.4B | $50.1B | ||
| Q2 25 | $21.0B | $46.5B | ||
| Q1 25 | $20.1B | $45.1B | ||
| Q4 24 | $20.1B | $43.5B | ||
| Q3 24 | $20.9B | — | ||
| Q2 24 | $20.2B | — | ||
| Q1 24 | $19.3B | — |
负债/权益比TTVG
| Q4 25 | 0.54× | 5.07× | ||
| Q3 25 | — | 5.73× | ||
| Q2 25 | — | 5.69× | ||
| Q1 25 | — | 6.01× | ||
| Q4 24 | 0.64× | 10.11× | ||
| Q3 24 | — | — | ||
| 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 | $1.2B | $2.1B |
| 自由现金流经营现金流 - 资本支出 | — | $-1.5B |
| 自由现金流率自由现金流/营收 | — | -34.1% |
| 资本支出强度资本支出/营收 | — | 81.6% |
| 现金转化率经营现金流/净利润 | 1.96× | 1.77× |
| 过去12个月自由现金流最近4个季度 | — | $-6.8B |
8季度趋势，按日历期对齐
经营现金流TTVG
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.0B | $1.9B | ||
| Q2 25 | $692.1M | $1.5B | ||
| Q1 25 | $339.5M | $1.1B | ||
| Q4 24 | $899.9M | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $695.9M | — | ||
| Q1 24 | $247.2M | $638.0M |
自由现金流TTVG
| Q4 25 | — | $-1.5B | ||
| Q3 25 | $935.6M | $-1.4B | ||
| Q2 25 | $602.2M | $-1.5B | ||
| Q1 25 | $220.6M | $-2.4B | ||
| Q4 24 | $774.3M | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $623.0M | — | ||
| Q1 24 | $163.4M | $-2.4B |
自由现金流率TTVG
| Q4 25 | — | -34.1% | ||
| Q3 25 | 16.3% | -42.4% | ||
| Q2 25 | 10.5% | -49.1% | ||
| Q1 25 | 4.7% | -81.3% | ||
| Q4 24 | 15.9% | — | ||
| Q3 24 | 22.3% | — | ||
| Q2 24 | 11.7% | — | ||
| Q1 24 | 3.9% | -167.3% |
资本支出强度TTVG
| Q4 25 | — | 81.6% | ||
| Q3 25 | 1.2% | 98.9% | ||
| Q2 25 | 1.6% | 96.1% | ||
| Q1 25 | 2.5% | 119.8% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 2.0% | 212.4% |
现金转化率TTVG
| Q4 25 | 1.96× | 1.77× | ||
| Q3 25 | 1.18× | 3.42× | ||
| Q2 25 | 0.79× | 3.07× | ||
| Q1 25 | 0.56× | 2.15× | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 1.69× | — | ||
| Q2 24 | 0.92× | — | ||
| Q1 24 | 0.57× | 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
TT
| Services | $2.8B | 55% |
| Other | $2.3B | 45% |
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
