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美国铝业公司（AA）与安姆科（AMCR）财务数据对比。点击上方公司名可切换其他公司
安姆科的季度营收约是美国铝业公司的1.6倍（$5.4B vs $3.4B）。美国铝业公司净利率更高（6.2% vs 3.2%，领先2.9%）。安姆科同比增速更快（68.1% vs -1.1%）。美国铝业公司自由现金流更多（$294.0M vs $282.0M）。过去两年安姆科的营收复合增速更高（26.4% vs 15.2%）
美国铝业公司是美国大型工业企业，为全球规模领先的铝生产商之一，业务布局覆盖10个国家，涵盖铝土矿开采、氧化铝精炼、原铝冶炼、铝制品加工及铝回收利用全产业链，产品广泛应用于全球各工业领域。
安姆科是全球知名的包装产品开发商、生产商与销售商，业务覆盖欧洲、北美、拉美、非洲及亚太地区，下设软包装与硬包装两大业务板块。软包装产品广泛应用于食品饮料、医药、生鲜、休闲食品、个人护理等领域，硬包装板块则为各类食品饮料提供刚性容器产品。
AA vs AMCR — 直观对比
营收规模更大
AMCR
是对方的1.6倍
$3.4B
营收增速更快
AMCR
高出69.2%
-1.1%
净利率更高
AA
高出2.9%
3.2%
自由现金流更多
AA
多$12.0M
$282.0M
两年增速更快
AMCR
近两年复合增速
15.2%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $5.4B |
| 净利润 | $213.0M | $177.0M |
| 毛利率 | — | 19.1% |
| 营业利润率 | 2.0% | 6.1% |
| 净利率 | 6.2% | 3.2% |
| 营收同比 | -1.1% | 68.1% |
| 净利润同比 | 5.4% | 8.6% |
| 每股收益（稀释后） | $0.80 | $0.38 |
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AAAMCR
| Q4 25 | $3.4B | $5.4B | ||
| Q3 25 | $3.0B | $5.7B | ||
| Q2 25 | $3.0B | $5.1B | ||
| Q1 25 | $3.4B | $3.3B | ||
| Q4 24 | $3.5B | $3.2B | ||
| Q3 24 | $2.9B | $3.4B | ||
| Q2 24 | $2.9B | $3.5B | ||
| Q1 24 | $2.6B | $3.4B |
净利润AAAMCR
| Q4 25 | $213.0M | $177.0M | ||
| Q3 25 | $232.0M | $262.0M | ||
| Q2 25 | $164.0M | $-39.0M | ||
| Q1 25 | $548.0M | $196.0M | ||
| Q4 24 | $202.0M | $163.0M | ||
| Q3 24 | $90.0M | $191.0M | ||
| Q2 24 | $20.0M | $257.0M | ||
| Q1 24 | $-252.0M | $187.0M |
毛利率AAAMCR
| Q4 25 | — | 19.1% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 19.6% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 19.7% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 20.3% |
营业利润率AAAMCR
| Q4 25 | 2.0% | 6.1% | ||
| Q3 25 | 5.6% | 8.0% | ||
| Q2 25 | 5.3% | 1.7% | ||
| Q1 25 | 19.8% | 9.4% | ||
| Q4 24 | 9.7% | 9.2% | ||
| Q3 24 | 6.3% | 9.3% | ||
| Q2 24 | 3.2% | 11.2% | ||
| Q1 24 | -12.5% | 9.0% |
净利率AAAMCR
| Q4 25 | 6.2% | 3.2% | ||
| Q3 25 | 7.7% | 4.6% | ||
| Q2 25 | 5.4% | -0.8% | ||
| Q1 25 | 16.3% | 5.9% | ||
| Q4 24 | 5.8% | 5.0% | ||
| Q3 24 | 3.1% | 5.7% | ||
| Q2 24 | 0.7% | 7.3% | ||
| Q1 24 | -9.7% | 5.5% |
每股收益（稀释后）AAAMCR
| Q4 25 | $0.80 | $0.38 | ||
| Q3 25 | $0.88 | $0.11 | ||
| Q2 25 | $0.62 | $-0.06 | ||
| Q1 25 | $2.07 | $0.14 | ||
| Q4 24 | $1.18 | $0.11 | ||
| Q3 24 | $0.38 | $0.13 | ||
| Q2 24 | $0.11 | $0.18 | ||
| Q1 24 | $-1.41 | $0.13 |
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 | $1.6B | $1.1B |
| 总债务越低越好 | $2.4B | $14.6B |
| 股东权益账面价值 | $6.1B | $11.6B |
| 总资产 | $16.1B | $37.0B |
| 负债/权益比越低杠杆越低 | 0.40× | 1.26× |
8季度趋势，按日历期对齐
现金及短期投资AAAMCR
| Q4 25 | $1.6B | $1.1B | ||
| Q3 25 | $1.5B | $825.0M | ||
| Q2 25 | $1.5B | $827.0M | ||
| Q1 25 | $1.2B | $2.0B | ||
| Q4 24 | $1.1B | $445.0M | ||
| Q3 24 | $1.3B | $432.0M | ||
| Q2 24 | $1.4B | $588.0M | ||
| Q1 24 | $1.4B | $457.0M |
总债务AAAMCR
| Q4 25 | $2.4B | $14.6B | ||
| Q3 25 | $2.6B | $12.8B | ||
| Q2 25 | $2.6B | $13.8B | ||
| Q1 25 | $2.6B | $8.6B | ||
| Q4 24 | $2.5B | $6.8B | ||
| Q3 24 | $2.5B | $7.2B | ||
| Q2 24 | $2.5B | $6.6B | ||
| Q1 24 | $2.5B | $7.1B |
股东权益AAAMCR
| Q4 25 | $6.1B | $11.6B | ||
| Q3 25 | $6.3B | $11.7B | ||
| Q2 25 | $6.1B | $11.7B | ||
| Q1 25 | $5.8B | $3.9B | ||
| Q4 24 | $5.2B | $3.8B | ||
| Q3 24 | $5.3B | $3.9B | ||
| Q2 24 | $3.9B | $3.9B | ||
| Q1 24 | $4.0B | $3.9B |
总资产AAAMCR
| Q4 25 | $16.1B | $37.0B | ||
| Q3 25 | $16.0B | $37.1B | ||
| Q2 25 | $15.0B | $37.1B | ||
| Q1 25 | $14.6B | $18.0B | ||
| Q4 24 | $14.1B | $16.2B | ||
| Q3 24 | $14.5B | $16.9B | ||
| Q2 24 | $14.3B | $16.5B | ||
| Q1 24 | $14.3B | $16.7B |
负债/权益比AAAMCR
| Q4 25 | 0.40× | 1.26× | ||
| Q3 25 | 0.41× | 1.09× | ||
| Q2 25 | 0.42× | 1.18× | ||
| Q1 25 | 0.44× | 2.24× | ||
| Q4 24 | 0.48× | 1.81× | ||
| Q3 24 | 0.47× | 1.83× | ||
| Q2 24 | 0.63× | 1.70× | ||
| Q1 24 | 0.62× | 1.79× |
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 | $537.0M | $503.0M |
| 自由现金流经营现金流 - 资本支出 | $294.0M | $282.0M |
| 自由现金流率自由现金流/营收 | 8.5% | 5.2% |
| 资本支出强度资本支出/营收 | 7.0% | 4.1% |
| 现金转化率经营现金流/净利润 | 2.52× | 2.84× |
| 过去12个月自由现金流最近4个季度 | $567.0M | $805.0M |
8季度趋势，按日历期对齐
经营现金流AAAMCR
| Q4 25 | $537.0M | $503.0M | ||
| Q3 25 | $85.0M | $-133.0M | ||
| Q2 25 | $488.0M | $1.1B | ||
| Q1 25 | $75.0M | $117.0M | ||
| Q4 24 | $415.0M | $428.0M | ||
| Q3 24 | $143.0M | $-269.0M | ||
| Q2 24 | $287.0M | $943.0M | ||
| Q1 24 | $-223.0M | $150.0M |
自由现金流AAAMCR
| Q4 25 | $294.0M | $282.0M | ||
| Q3 25 | $-66.0M | $-371.0M | ||
| Q2 25 | $357.0M | $894.0M | ||
| Q1 25 | $-18.0M | $0 | ||
| Q4 24 | $246.0M | $330.0M | ||
| Q3 24 | $-3.0M | $-414.0M | ||
| Q2 24 | $123.0M | $809.0M | ||
| Q1 24 | $-324.0M | $37.0M |
自由现金流率AAAMCR
| Q4 25 | 8.5% | 5.2% | ||
| Q3 25 | -2.2% | -6.5% | ||
| Q2 25 | 11.8% | 17.6% | ||
| Q1 25 | -0.5% | 0.0% | ||
| Q4 24 | 7.1% | 10.2% | ||
| Q3 24 | -0.1% | -12.3% | ||
| Q2 24 | 4.2% | 22.9% | ||
| Q1 24 | -12.5% | 1.1% |
资本支出强度AAAMCR
| Q4 25 | 7.0% | 4.1% | ||
| Q3 25 | 5.0% | 4.1% | ||
| Q2 25 | 4.3% | 4.3% | ||
| Q1 25 | 2.8% | 3.5% | ||
| Q4 24 | 4.8% | 3.0% | ||
| Q3 24 | 5.0% | 4.3% | ||
| Q2 24 | 5.6% | 3.8% | ||
| Q1 24 | 3.9% | 3.3% |
现金转化率AAAMCR
| Q4 25 | 2.52× | 2.84× | ||
| Q3 25 | 0.37× | -0.51× | ||
| Q2 25 | 2.98× | — | ||
| Q1 25 | 0.14× | 0.60× | ||
| Q4 24 | 2.05× | 2.63× | ||
| Q3 24 | 1.59× | -1.41× | ||
| Q2 24 | 14.35× | 3.67× | ||
| Q1 24 | — | 0.80× |
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
AA
| Aluminum | $2.5B | 72% |
| Third Party Sales | $979.0M | 28% |
AMCR
| Flexibles Segment | $3.2B | 59% |
| Rigid Packaging Segment | $2.3B | 42% |
