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托罗公司（TTC）与沃特世（WAT）财务数据对比。点击上方公司名可切换其他公司
托罗公司的季度营收约是沃特世的1.2倍（$1.1B vs $932.4M），沃特世净利率更高（24.2% vs 4.7%，领先19.4%），沃特世同比增速更快（6.8% vs -2.2%），过去两年沃特世的营收复合增速更高（21.0% vs -8.1%）
托罗公司是一家总部位于美国明尼苏达州明尼阿波利斯郊区布卢明顿的企业，专注于设计、生产及销售割草机、吹雪机、灌溉系统配件等产品，广泛覆盖商业、民用、农业及公共部门等多个领域的使用需求。
沃特世是总部位于美国马萨诸塞州米尔福德的企业，面向生命科学、材料、食品等行业，提供色谱、质谱、实验室信息学、流变测量领域所用的分析仪器及配套软件，为各领域的检测、研发等工作提供可靠技术支持。
TTC vs WAT — 直观对比
营收规模更大
TTC
是对方的1.2倍
$932.4M
营收增速更快
WAT
高出9.0%
-2.2%
净利率更高
WAT
高出19.4%
4.7%
两年增速更快
WAT
近两年复合增速
-8.1%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $932.4M |
| 净利润 | $53.5M | $225.2M |
| 毛利率 | 33.7% | 61.1% |
| 营业利润率 | 5.7% | 29.0% |
| 净利率 | 4.7% | 24.2% |
| 营收同比 | -2.2% | 6.8% |
| 净利润同比 | -55.2% | -2.7% |
| 每股收益（稀释后） | $0.54 | $3.76 |
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TTCWAT
| Q4 25 | — | $932.4M | ||
| Q3 25 | $1.1B | $799.9M | ||
| Q2 25 | $1.3B | $771.3M | ||
| Q1 25 | $995.0M | $661.7M | ||
| Q4 24 | — | $872.7M | ||
| Q3 24 | $1.2B | $740.3M | ||
| Q2 24 | $1.3B | $708.5M | ||
| Q1 24 | $1.0B | $636.8M |
净利润TTCWAT
| Q4 25 | — | $225.2M | ||
| Q3 25 | $53.5M | $148.9M | ||
| Q2 25 | $136.8M | $147.1M | ||
| Q1 25 | $52.8M | $121.4M | ||
| Q4 24 | — | $231.4M | ||
| Q3 24 | $119.3M | $161.5M | ||
| Q2 24 | $144.8M | $142.7M | ||
| Q1 24 | $64.9M | $102.2M |
毛利率TTCWAT
| Q4 25 | — | 61.1% | ||
| Q3 25 | 33.7% | 59.0% | ||
| Q2 25 | 33.1% | 58.3% | ||
| Q1 25 | 33.7% | 58.2% | ||
| Q4 24 | — | 60.1% | ||
| Q3 24 | 34.8% | 59.3% | ||
| Q2 24 | 33.6% | 59.3% | ||
| Q1 24 | 34.4% | 58.9% |
营业利润率TTCWAT
| Q4 25 | — | 29.0% | ||
| Q3 25 | 5.7% | 24.0% | ||
| Q2 25 | 13.3% | 24.4% | ||
| Q1 25 | 7.8% | 22.9% | ||
| Q4 24 | — | 33.5% | ||
| Q3 24 | 12.8% | 28.5% | ||
| Q2 24 | 13.9% | 26.7% | ||
| Q1 24 | 8.8% | 21.0% |
净利率TTCWAT
| Q4 25 | — | 24.2% | ||
| Q3 25 | 4.7% | 18.6% | ||
| Q2 25 | 10.4% | 19.1% | ||
| Q1 25 | 5.3% | 18.3% | ||
| Q4 24 | — | 26.5% | ||
| Q3 24 | 10.3% | 21.8% | ||
| Q2 24 | 10.7% | 20.1% | ||
| Q1 24 | 6.5% | 16.0% |
每股收益（稀释后）TTCWAT
| Q4 25 | — | $3.76 | ||
| Q3 25 | $0.54 | $2.50 | ||
| Q2 25 | $1.37 | $2.47 | ||
| Q1 25 | $0.52 | $2.03 | ||
| Q4 24 | — | $3.88 | ||
| Q3 24 | $1.14 | $2.71 | ||
| Q2 24 | $1.38 | $2.40 | ||
| Q1 24 | $0.62 | $1.72 |
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 | — | $587.8M |
| 总债务越低越好 | $1.0B | $1.4B |
| 股东权益账面价值 | $1.4B | $2.6B |
| 总资产 | $3.5B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.55× |
8季度趋势，按日历期对齐
现金及短期投资TTCWAT
| Q4 25 | — | $587.8M | ||
| Q3 25 | — | $459.1M | ||
| Q2 25 | — | $367.2M | ||
| Q1 25 | — | $382.9M | ||
| Q4 24 | — | $325.4M | ||
| Q3 24 | — | $331.5M | ||
| Q2 24 | — | $327.4M | ||
| Q1 24 | — | $338.2M |
总债务TTCWAT
| Q4 25 | — | $1.4B | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $991.9M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.2B | — |
股东权益TTCWAT
| Q4 25 | — | $2.6B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.5B | $2.2B | ||
| Q1 25 | $1.5B | $2.0B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $1.6B | $1.6B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | $1.5B | $1.3B |
总资产TTCWAT
| Q4 25 | — | $5.1B | ||
| Q3 25 | $3.5B | $4.9B | ||
| Q2 25 | $3.8B | $4.7B | ||
| Q1 25 | $3.7B | $4.6B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | $3.7B | $4.5B | ||
| Q2 24 | $3.9B | $4.4B | ||
| Q1 24 | $3.8B | $4.5B |
负债/权益比TTCWAT
| Q4 25 | — | 0.55× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.77× | — |
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 | $225.8M | $164.6M |
| 自由现金流经营现金流 - 资本支出 | $207.2M | — |
| 自由现金流率自由现金流/营收 | 18.3% | — |
| 资本支出强度资本支出/营收 | 1.6% | — |
| 现金转化率经营现金流/净利润 | 4.22× | 0.73× |
| 过去12个月自由现金流最近4个季度 | $462.5M | — |
8季度趋势，按日历期对齐
经营现金流TTCWAT
| Q4 25 | — | $164.6M | ||
| Q3 25 | $225.8M | $187.3M | ||
| Q2 25 | $171.7M | $41.1M | ||
| Q1 25 | $-48.6M | $259.6M | ||
| Q4 24 | — | $240.1M | ||
| Q3 24 | $194.7M | $204.6M | ||
| Q2 24 | $227.3M | $54.5M | ||
| Q1 24 | $-92.2M | $262.9M |
自由现金流TTCWAT
| Q4 25 | — | — | ||
| Q3 25 | $207.2M | — | ||
| Q2 25 | $152.4M | — | ||
| Q1 25 | $-67.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $170.6M | — | ||
| Q2 24 | $206.9M | — | ||
| Q1 24 | $-111.3M | — |
自由现金流率TTCWAT
| Q4 25 | — | — | ||
| Q3 25 | 18.3% | — | ||
| Q2 25 | 11.6% | — | ||
| Q1 25 | -6.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 15.3% | — | ||
| Q1 24 | -11.1% | — |
资本支出强度TTCWAT
| Q4 25 | — | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.9% | — |
现金转化率TTCWAT
| Q4 25 | — | 0.73× | ||
| Q3 25 | 4.22× | 1.26× | ||
| Q2 25 | 1.26× | 0.28× | ||
| Q1 25 | -0.92× | 2.14× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | 1.63× | 1.27× | ||
| Q2 24 | 1.57× | 0.38× | ||
| Q1 24 | -1.42× | 2.57× |
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
TTC
| Equipment Products And Services | $815.7M | 72% |
| Residential Segment | $192.8M | 17% |
| Irrigation | $115.1M | 10% |
WAT
暂无分部数据
