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美国铝业公司（AA）与维谛技术（VRT）财务数据对比。点击上方公司名可切换其他公司
美国铝业公司的季度营收约是维谛技术的1.3倍（$3.4B vs $2.6B），维谛技术净利率更高（14.7% vs 6.2%，领先8.5%），维谛技术同比增速更快（30.1% vs -1.1%），维谛技术自由现金流更多（$652.8M vs $294.0M），过去两年维谛技术的营收复合增速更高（16.5% 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。
维谛技术（Vertiv）是一家美国跨国企业，专注于为数据中心、通信网络、商业及工业场景提供关键基础设施及配套服务，旗下方案可有效保障各行业客户关键业务系统的稳定高效运行。
AA vs VRT — 直观对比
营收规模更大
AA
是对方的1.3倍
$2.6B
营收增速更快
VRT
高出31.2%
-1.1%
净利率更高
VRT
高出8.5%
6.2%
自由现金流更多
VRT
多$358.8M
$294.0M
两年增速更快
VRT
近两年复合增速
15.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $2.6B |
| 净利润 | $213.0M | $390.1M |
| 毛利率 | — | 37.7% |
| 营业利润率 | 2.0% | — |
| 净利率 | 6.2% | 14.7% |
| 营收同比 | -1.1% | 30.1% |
| 净利润同比 | 5.4% | 137.1% |
| 每股收益（稀释后） | $0.80 | $0.99 |
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AAVRT
| Q1 26 | — | $2.6B | ||
| Q4 25 | $3.4B | $2.9B | ||
| Q3 25 | $3.0B | $2.7B | ||
| Q2 25 | $3.0B | $2.6B | ||
| Q1 25 | $3.4B | $2.0B | ||
| Q4 24 | $3.5B | $2.3B | ||
| Q3 24 | $2.9B | $2.1B | ||
| Q2 24 | $2.9B | $2.0B |
净利润AAVRT
| Q1 26 | — | $390.1M | ||
| Q4 25 | $213.0M | $445.6M | ||
| Q3 25 | $232.0M | $398.5M | ||
| Q2 25 | $164.0M | $324.2M | ||
| Q1 25 | $548.0M | $164.5M | ||
| Q4 24 | $202.0M | $147.0M | ||
| Q3 24 | $90.0M | $176.6M | ||
| Q2 24 | $20.0M | $178.1M |
毛利率AAVRT
| Q1 26 | — | 37.7% | ||
| Q4 25 | — | 38.9% | ||
| Q3 25 | — | 37.8% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 33.7% | ||
| Q4 24 | — | 37.1% | ||
| Q3 24 | — | 36.5% | ||
| Q2 24 | — | 38.0% |
营业利润率AAVRT
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 20.1% | ||
| Q3 25 | 5.6% | 19.3% | ||
| Q2 25 | 5.3% | 16.8% | ||
| Q1 25 | 19.8% | 14.3% | ||
| Q4 24 | 9.7% | 19.5% | ||
| Q3 24 | 6.3% | 17.9% | ||
| Q2 24 | 3.2% | 17.2% |
净利率AAVRT
| Q1 26 | — | 14.7% | ||
| Q4 25 | 6.2% | 15.5% | ||
| Q3 25 | 7.7% | 14.9% | ||
| Q2 25 | 5.4% | 12.3% | ||
| Q1 25 | 16.3% | 8.1% | ||
| Q4 24 | 5.8% | 6.3% | ||
| Q3 24 | 3.1% | 8.5% | ||
| Q2 24 | 0.7% | 9.1% |
每股收益（稀释后）AAVRT
| Q1 26 | — | $0.99 | ||
| Q4 25 | $0.80 | $1.14 | ||
| Q3 25 | $0.88 | $1.02 | ||
| Q2 25 | $0.62 | $0.83 | ||
| Q1 25 | $2.07 | $0.42 | ||
| Q4 24 | $1.18 | $0.38 | ||
| Q3 24 | $0.38 | $0.46 | ||
| Q2 24 | $0.11 | $0.46 |
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 | $2.5B |
| 总债务越低越好 | $2.4B | $0 |
| 股东权益账面价值 | $6.1B | $4.2B |
| 总资产 | $16.1B | $13.4B |
| 负债/权益比越低杠杆越低 | 0.40× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资AAVRT
| Q1 26 | — | $2.5B | ||
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $908.7M | ||
| Q2 24 | $1.4B | $579.7M |
总债务AAVRT
| Q1 26 | — | $0 | ||
| Q4 25 | $2.4B | $2.9B | ||
| Q3 25 | $2.6B | $2.9B | ||
| Q2 25 | $2.6B | $2.9B | ||
| Q1 25 | $2.6B | $2.9B | ||
| Q4 24 | $2.5B | $2.9B | ||
| Q3 24 | $2.5B | $2.9B | ||
| Q2 24 | $2.5B | $2.9B |
股东权益AAVRT
| Q1 26 | — | $4.2B | ||
| Q4 25 | $6.1B | $3.9B | ||
| Q3 25 | $6.3B | $3.5B | ||
| Q2 25 | $6.1B | $3.1B | ||
| Q1 25 | $5.8B | $2.7B | ||
| Q4 24 | $5.2B | $2.4B | ||
| Q3 24 | $5.3B | $1.8B | ||
| Q2 24 | $3.9B | $1.5B |
总资产AAVRT
| Q1 26 | — | $13.4B | ||
| Q4 25 | $16.1B | $12.2B | ||
| Q3 25 | $16.0B | $10.8B | ||
| Q2 25 | $15.0B | $10.4B | ||
| Q1 25 | $14.6B | $9.5B | ||
| Q4 24 | $14.1B | $9.1B | ||
| Q3 24 | $14.5B | $8.9B | ||
| Q2 24 | $14.3B | $8.1B |
负债/权益比AAVRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | 0.40× | 0.74× | ||
| Q3 25 | 0.41× | 0.83× | ||
| Q2 25 | 0.42× | 0.93× | ||
| Q1 25 | 0.44× | 1.10× | ||
| Q4 24 | 0.48× | 1.20× | ||
| Q3 24 | 0.47× | 1.62× | ||
| Q2 24 | 0.63× | 1.91× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $294.0M | $652.8M |
| 自由现金流率自由现金流/营收 | 8.5% | 24.6% |
| 资本支出强度资本支出/营收 | 7.0% | 4.2% |
| 现金转化率经营现金流/净利润 | 2.52× | — |
| 过去12个月自由现金流最近4个季度 | $567.0M | $2.3B |
8季度趋势，按日历期对齐
经营现金流AAVRT
| Q1 26 | — | — | ||
| Q4 25 | $537.0M | $978.9M | ||
| Q3 25 | $85.0M | $508.7M | ||
| Q2 25 | $488.0M | $322.9M | ||
| Q1 25 | $75.0M | $303.3M | ||
| Q4 24 | $415.0M | $425.2M | ||
| Q3 24 | $143.0M | $378.2M | ||
| Q2 24 | $287.0M | $378.4M |
自由现金流AAVRT
| Q1 26 | — | $652.8M | ||
| Q4 25 | $294.0M | $885.6M | ||
| Q3 25 | $-66.0M | $463.5M | ||
| Q2 25 | $357.0M | $277.9M | ||
| Q1 25 | $-18.0M | $266.8M | ||
| Q4 24 | $246.0M | $364.5M | ||
| Q3 24 | $-3.0M | $341.8M | ||
| Q2 24 | $123.0M | $344.3M |
自由现金流率AAVRT
| Q1 26 | — | 24.6% | ||
| Q4 25 | 8.5% | 30.8% | ||
| Q3 25 | -2.2% | 17.3% | ||
| Q2 25 | 11.8% | 10.5% | ||
| Q1 25 | -0.5% | 13.1% | ||
| Q4 24 | 7.1% | 15.5% | ||
| Q3 24 | -0.1% | 16.5% | ||
| Q2 24 | 4.2% | 17.6% |
资本支出强度AAVRT
| Q1 26 | — | 4.2% | ||
| Q4 25 | 7.0% | 3.2% | ||
| Q3 25 | 5.0% | 1.7% | ||
| Q2 25 | 4.3% | 1.7% | ||
| Q1 25 | 2.8% | 1.8% | ||
| Q4 24 | 4.8% | 2.6% | ||
| Q3 24 | 5.0% | 1.8% | ||
| Q2 24 | 5.6% | 1.7% |
现金转化率AAVRT
| Q1 26 | — | — | ||
| Q4 25 | 2.52× | 2.20× | ||
| Q3 25 | 0.37× | 1.28× | ||
| Q2 25 | 2.98× | 1.00× | ||
| Q1 25 | 0.14× | 1.84× | ||
| Q4 24 | 2.05× | 2.89× | ||
| Q3 24 | 1.59× | 2.14× | ||
| Q2 24 | 14.35× | 2.12× |
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% |
VRT
暂无分部数据
