vs
安捷伦科技（A）与QVC Group, Inc.（QVCGA）财务数据对比。点击上方公司名可切换其他公司
QVC Group, Inc.的季度营收约是安捷伦科技的1.5倍（$2.7B vs $1.8B），安捷伦科技净利率更高（17.0% vs -1.4%，领先18.3%），安捷伦科技同比增速更快（7.0% vs -9.1%），QVC Group, Inc.自由现金流更多（$191.0M vs $175.0M），过去两年安捷伦科技的营收复合增速更高（6.9% vs 6.9%）
安捷伦科技是全球知名的生命科学、诊断与应用化学领域解决方案提供商，旗下生命科学与应用市场业务板块提供液相色谱系统及组件、液相色谱质谱联用系统、气相色谱设备、电感耦合等离子体质谱仪、原子吸收仪等多种分析检测仪器，服务全球各领域客户。
QVC集团是一家美国媒体 conglomerate 企业，由董事长约翰·C·马龙控制，马龙持有该公司多数具有投票权的股份，主营媒体相关业务，是美国本土颇具影响力的传媒集团。
A vs QVCGA — 直观对比
营收规模更大
QVCGA
是对方的1.5倍
$1.8B
营收增速更快
A
高出16.1%
-9.1%
净利率更高
A
高出18.3%
-1.4%
自由现金流更多
QVCGA
多$16.0M
$175.0M
两年增速更快
A
近两年复合增速
6.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.7B |
| 净利润 | $305.0M | $-37.0M |
| 毛利率 | 52.6% | 32.9% |
| 营业利润率 | 19.6% | 3.7% |
| 净利率 | 17.0% | -1.4% |
| 营收同比 | 7.0% | -9.1% |
| 净利润同比 | -4.1% | 97.1% |
| 每股收益（稀释后） | $1.07 | $-17.37 |
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AQVCGA
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.9B | $2.7B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.7B | $2.2B | ||
| Q1 25 | $1.7B | $2.1B | ||
| Q4 24 | $1.7B | $2.9B | ||
| Q3 24 | $1.6B | $2.3B | ||
| Q2 24 | $1.6B | $2.4B |
净利润AQVCGA
| Q1 26 | $305.0M | — | ||
| Q4 25 | $434.0M | $-37.0M | ||
| Q3 25 | $336.0M | $-80.0M | ||
| Q2 25 | $215.0M | $-2.2B | ||
| Q1 25 | $318.0M | $-100.0M | ||
| Q4 24 | $351.0M | $-1.3B | ||
| Q3 24 | $282.0M | $-23.0M | ||
| Q2 24 | $308.0M | $20.0M |
毛利率AQVCGA
| Q1 26 | 52.6% | — | ||
| Q4 25 | 53.2% | 32.9% | ||
| Q3 25 | 51.1% | 34.0% | ||
| Q2 25 | 51.9% | 36.4% | ||
| Q1 25 | 53.5% | 34.2% | ||
| Q4 24 | 53.9% | 33.3% | ||
| Q3 24 | 54.2% | 35.3% | ||
| Q2 24 | 54.4% | 36.4% |
营业利润率AQVCGA
| Q1 26 | 19.6% | — | ||
| Q4 25 | 23.8% | 3.7% | ||
| Q3 25 | 20.7% | 2.7% | ||
| Q2 25 | 18.0% | -101.6% | ||
| Q1 25 | 22.4% | 0.7% | ||
| Q4 24 | 24.0% | -43.2% | ||
| Q3 24 | 21.1% | 6.5% | ||
| Q2 24 | 23.1% | 6.9% |
净利率AQVCGA
| Q1 26 | 17.0% | — | ||
| Q4 25 | 23.3% | -1.4% | ||
| Q3 25 | 19.3% | -3.6% | ||
| Q2 25 | 12.9% | -99.4% | ||
| Q1 25 | 18.9% | -4.8% | ||
| Q4 24 | 20.6% | -43.7% | ||
| Q3 24 | 17.9% | -1.0% | ||
| Q2 24 | 19.6% | 0.8% |
每股收益（稀释后）AQVCGA
| Q1 26 | $1.07 | — | ||
| Q4 25 | $1.53 | $-17.37 | ||
| Q3 25 | $1.18 | $-9.89 | ||
| Q2 25 | $0.75 | $-275.46 | ||
| Q1 25 | $1.11 | $-0.25 | ||
| Q4 24 | $1.23 | — | ||
| Q3 24 | $0.97 | $-0.06 | ||
| Q2 24 | $1.05 | $2.57 |
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 | $2.0B |
| 总债务越低越好 | $3.0B | $790.0M |
| 股东权益账面价值 | $6.9B | $-3.1B |
| 总资产 | $12.8B | $7.6B |
| 负债/权益比越低杠杆越低 | 0.44× | — |
8季度趋势，按日历期对齐
现金及短期投资AQVCGA
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $2.0B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $897.0M | ||
| Q1 25 | $1.5B | $833.0M | ||
| Q4 24 | $1.3B | $905.0M | ||
| Q3 24 | $1.8B | $873.0M | ||
| Q2 24 | $1.7B | $1.2B |
总债务AQVCGA
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $790.0M | ||
| Q3 25 | $3.4B | $5.9B | ||
| Q2 25 | $3.3B | $4.9B | ||
| Q1 25 | $3.3B | $5.0B | ||
| Q4 24 | $3.3B | $4.1B | ||
| Q3 24 | $2.1B | $5.1B | ||
| Q2 24 | $2.1B | $5.3B |
股东权益AQVCGA
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.7B | $-3.1B | ||
| Q3 25 | $6.4B | $-3.1B | ||
| Q2 25 | $6.1B | $-3.0B | ||
| Q1 25 | $6.0B | $-981.0M | ||
| Q4 24 | $5.9B | $-971.0M | ||
| Q3 24 | $5.9B | $397.0M | ||
| Q2 24 | $6.2B | $328.0M |
总资产AQVCGA
| Q1 26 | $12.8B | — | ||
| Q4 25 | $12.7B | $7.6B | ||
| Q3 25 | $12.2B | $7.6B | ||
| Q2 25 | $12.2B | $6.7B | ||
| Q1 25 | $11.9B | $9.0B | ||
| Q4 24 | $11.8B | $9.2B | ||
| Q3 24 | $11.0B | $10.8B | ||
| Q2 24 | $10.9B | $10.9B |
负债/权益比AQVCGA
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 0.36× | 12.74× | ||
| Q2 24 | 0.34× | 16.28× |
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 | $268.0M | $244.0M |
| 自由现金流经营现金流 - 资本支出 | $175.0M | $191.0M |
| 自由现金流率自由现金流/营收 | 9.7% | 7.1% |
| 资本支出强度资本支出/营收 | 5.2% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.88× | — |
| 过去12个月自由现金流最近4个季度 | $993.0M | $118.0M |
8季度趋势，按日历期对齐
经营现金流AQVCGA
| Q1 26 | $268.0M | — | ||
| Q4 25 | $545.0M | $244.0M | ||
| Q3 25 | $362.0M | $4.0M | ||
| Q2 25 | $221.0M | $86.0M | ||
| Q1 25 | $431.0M | $-60.0M | ||
| Q4 24 | $481.0M | $212.0M | ||
| Q3 24 | $452.0M | $20.0M | ||
| Q2 24 | $333.0M | $267.0M |
自由现金流AQVCGA
| Q1 26 | $175.0M | — | ||
| Q4 25 | $452.0M | $191.0M | ||
| Q3 25 | $259.0M | $-27.0M | ||
| Q2 25 | $107.0M | $48.0M | ||
| Q1 25 | $334.0M | $-94.0M | ||
| Q4 24 | $388.0M | $150.0M | ||
| Q3 24 | $360.0M | $-23.0M | ||
| Q2 24 | $230.0M | $213.0M |
自由现金流率AQVCGA
| Q1 26 | 9.7% | — | ||
| Q4 25 | 24.3% | 7.1% | ||
| Q3 25 | 14.9% | -1.2% | ||
| Q2 25 | 6.4% | 2.1% | ||
| Q1 25 | 19.9% | -4.5% | ||
| Q4 24 | 22.8% | 5.1% | ||
| Q3 24 | 22.8% | -1.0% | ||
| Q2 24 | 14.6% | 8.8% |
资本支出强度AQVCGA
| Q1 26 | 5.2% | — | ||
| Q4 25 | 5.0% | 2.0% | ||
| Q3 25 | 5.9% | 1.4% | ||
| Q2 25 | 6.8% | 1.7% | ||
| Q1 25 | 5.8% | 1.6% | ||
| Q4 24 | 5.5% | 2.1% | ||
| Q3 24 | 5.8% | 1.8% | ||
| Q2 24 | 6.5% | 2.2% |
现金转化率AQVCGA
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.26× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.36× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 1.60× | — | ||
| Q2 24 | 1.08× | 13.35× |
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
A
| Service Other | $525.0M | 29% |
| Chemicaland Energy Market | $422.0M | 23% |
| Agilent Cross Lab | $273.0M | 15% |
| Environmentaland Forensics Market | $177.0M | 10% |
| Food Market | $166.0M | 9% |
| Academiaand Government Market | $130.0M | 7% |
| Applied Markets | $98.0M | 5% |
QVCGA
| Other | $915.0M | 34% |
| Home | $754.0M | 28% |
| Beauty | $260.0M | 10% |
| Apparel | $254.0M | 9% |
| Electronics | $187.0M | 7% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 3% |
| Manufactured Product Other | $38.0M | 1% |
