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美国航空集团（AAL）与AXCELIS TECHNOLOGIES INC（ACLS）财务数据对比。点击上方公司名可切换其他公司
美国航空集团的季度营收约是AXCELIS TECHNOLOGIES INC的58.7倍（$14.0B vs $238.3M）。AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs 0.7%，领先13.7%）。美国航空集团同比增速更快（2.5% vs -5.6%）。AXCELIS TECHNOLOGIES INC自由现金流更多（$-8.9M vs $-1.9B）。过去两年美国航空集团的营收复合增速更高（5.5% vs -2.8%）
美国航空集团是美国头部航司，总部坐落于得克萨斯州沃斯堡的达拉斯-沃斯堡都会区，按客运量、日航班量计算为全球最大航司。集团旗下连同区域子公司及以American Eagle品牌运营的合作航司，每日运营近6800个航班，覆盖48个国家近350个目的地，拥有完善的国内外航线网络。
Axcelis Technologies是一家美国半导体设备供应商，1995年成立，总部位于美国马萨诸塞州贝弗利。公司面向全球半导体制造行业，从事半导体生产核心设备的设计、制造及服务，主营产品包括高中电流、高能离子注入系统以及半导体芯片制造用固化系统。
AAL vs ACLS — 直观对比
营收规模更大
AAL
是对方的58.7倍
$238.3M
营收增速更快
AAL
高出8.1%
-5.6%
净利率更高
ACLS
高出13.7%
0.7%
自由现金流更多
ACLS
多$1.9B
$-1.9B
两年增速更快
AAL
近两年复合增速
-2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $14.0B | $238.3M |
| 净利润 | $99.0M | $34.3M |
| 毛利率 | — | 47.0% |
| 营业利润率 | 3.2% | 15.2% |
| 净利率 | 0.7% | 14.4% |
| 营收同比 | 2.5% | -5.6% |
| 净利润同比 | -83.2% | -31.3% |
| 每股收益（稀释后） | $0.15 | $1.11 |
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AALACLS
| Q4 25 | $14.0B | $238.3M | ||
| Q3 25 | $13.7B | $213.6M | ||
| Q2 25 | $14.4B | $194.5M | ||
| Q1 25 | $12.6B | $192.6M | ||
| Q4 24 | $13.7B | $252.4M | ||
| Q3 24 | $13.6B | $256.6M | ||
| Q2 24 | $14.3B | $256.5M | ||
| Q1 24 | $12.6B | $252.4M |
净利润AALACLS
| Q4 25 | $99.0M | $34.3M | ||
| Q3 25 | $-114.0M | $26.0M | ||
| Q2 25 | $599.0M | $31.4M | ||
| Q1 25 | $-473.0M | $28.6M | ||
| Q4 24 | $590.0M | $50.0M | ||
| Q3 24 | $-149.0M | $48.6M | ||
| Q2 24 | $717.0M | $50.9M | ||
| Q1 24 | $-312.0M | $51.6M |
毛利率AALACLS
| Q4 25 | — | 47.0% | ||
| Q3 25 | — | 41.6% | ||
| Q2 25 | — | 44.9% | ||
| Q1 25 | — | 46.1% | ||
| Q4 24 | — | 46.0% | ||
| Q3 24 | — | 42.9% | ||
| Q2 24 | — | 43.8% | ||
| Q1 24 | — | 46.0% |
营业利润率AALACLS
| Q4 25 | 3.2% | 15.2% | ||
| Q3 25 | 1.1% | 11.7% | ||
| Q2 25 | 7.9% | 14.9% | ||
| Q1 25 | -2.2% | 15.1% | ||
| Q4 24 | 8.3% | 21.6% | ||
| Q3 24 | 0.7% | 18.3% | ||
| Q2 24 | 9.7% | 20.6% | ||
| Q1 24 | 0.1% | 22.4% |
净利率AALACLS
| Q4 25 | 0.7% | 14.4% | ||
| Q3 25 | -0.8% | 12.2% | ||
| Q2 25 | 4.2% | 16.1% | ||
| Q1 25 | -3.8% | 14.8% | ||
| Q4 24 | 4.3% | 19.8% | ||
| Q3 24 | -1.1% | 18.9% | ||
| Q2 24 | 5.0% | 19.8% | ||
| Q1 24 | -2.5% | 20.4% |
每股收益（稀释后）AALACLS
| Q4 25 | $0.15 | $1.11 | ||
| Q3 25 | $-0.17 | $0.83 | ||
| Q2 25 | $0.91 | $0.98 | ||
| Q1 25 | $-0.72 | $0.88 | ||
| Q4 24 | $0.94 | $1.54 | ||
| Q3 24 | $-0.23 | $1.49 | ||
| Q2 24 | $1.01 | $1.55 | ||
| Q1 24 | $-0.48 | $1.57 |
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 | — | $374.3M |
| 总债务越低越好 | $25.3B | — |
| 股东权益账面价值 | $-3.7B | $1.0B |
| 总资产 | $61.8B | $1.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AALACLS
| Q4 25 | — | $374.3M | ||
| Q3 25 | — | $449.6M | ||
| Q2 25 | — | $549.8M | ||
| Q1 25 | — | $587.1M | ||
| Q4 24 | — | $571.3M | ||
| Q3 24 | — | $579.4M | ||
| Q2 24 | — | $548.3M | ||
| Q1 24 | — | $530.2M |
总债务AALACLS
| Q4 25 | $25.3B | — | ||
| Q3 25 | $25.1B | — | ||
| Q2 25 | $25.3B | — | ||
| Q1 25 | $24.7B | — | ||
| Q4 24 | $25.2B | — | ||
| Q3 24 | $26.3B | — | ||
| Q2 24 | $27.6B | — | ||
| Q1 24 | $28.2B | — |
股东权益AALACLS
| Q4 25 | $-3.7B | $1.0B | ||
| Q3 25 | $-4.0B | $1.0B | ||
| Q2 25 | $-3.9B | $1.0B | ||
| Q1 25 | $-4.5B | $1.0B | ||
| Q4 24 | $-4.0B | $1.0B | ||
| Q3 24 | $-4.9B | $975.6M | ||
| Q2 24 | $-4.7B | $934.9M | ||
| Q1 24 | $-5.5B | $901.7M |
总资产AALACLS
| Q4 25 | $61.8B | $1.4B | ||
| Q3 25 | $62.1B | $1.4B | ||
| Q2 25 | $63.7B | $1.3B | ||
| Q1 25 | $62.6B | $1.3B | ||
| Q4 24 | $61.8B | $1.3B | ||
| Q3 24 | $63.5B | $1.3B | ||
| Q2 24 | $64.1B | $1.3B | ||
| Q1 24 | $64.4B | $1.3B |
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 | $-274.0M | $-6.6M |
| 自由现金流经营现金流 - 资本支出 | $-1.9B | $-8.9M |
| 自由现金流率自由现金流/营收 | -13.6% | -3.7% |
| 资本支出强度资本支出/营收 | 11.6% | 1.0% |
| 现金转化率经营现金流/净利润 | -2.77× | -0.19× |
| 过去12个月自由现金流最近4个季度 | $-680.0M | $107.0M |
8季度趋势，按日历期对齐
经营现金流AALACLS
| Q4 25 | $-274.0M | $-6.6M | ||
| Q3 25 | $-46.0M | $45.4M | ||
| Q2 25 | $963.0M | $39.7M | ||
| Q1 25 | $2.5B | $39.8M | ||
| Q4 24 | $398.0M | $12.8M | ||
| Q3 24 | $277.0M | $45.7M | ||
| Q2 24 | $1.1B | $40.1M | ||
| Q1 24 | $2.2B | $42.2M |
自由现金流AALACLS
| Q4 25 | $-1.9B | $-8.9M | ||
| Q3 25 | $-872.0M | $43.3M | ||
| Q2 25 | $464.0M | $37.7M | ||
| Q1 25 | $1.6B | $34.8M | ||
| Q4 24 | $-342.0M | $8.1M | ||
| Q3 24 | $-191.0M | $41.8M | ||
| Q2 24 | $477.0M | $38.1M | ||
| Q1 24 | $1.4B | $40.6M |
自由现金流率AALACLS
| Q4 25 | -13.6% | -3.7% | ||
| Q3 25 | -6.4% | 20.3% | ||
| Q2 25 | 3.2% | 19.4% | ||
| Q1 25 | 13.0% | 18.1% | ||
| Q4 24 | -2.5% | 3.2% | ||
| Q3 24 | -1.4% | 16.3% | ||
| Q2 24 | 3.3% | 14.8% | ||
| Q1 24 | 10.8% | 16.1% |
资本支出强度AALACLS
| Q4 25 | 11.6% | 1.0% | ||
| Q3 25 | 6.0% | 0.9% | ||
| Q2 25 | 3.5% | 1.0% | ||
| Q1 25 | 6.6% | 2.6% | ||
| Q4 24 | 5.4% | 1.8% | ||
| Q3 24 | 3.4% | 1.5% | ||
| Q2 24 | 4.5% | 0.8% | ||
| Q1 24 | 6.6% | 0.6% |
现金转化率AALACLS
| Q4 25 | -2.77× | -0.19× | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | 1.61× | 1.27× | ||
| Q1 25 | — | 1.39× | ||
| Q4 24 | 0.67× | 0.26× | ||
| Q3 24 | — | 0.94× | ||
| Q2 24 | 1.57× | 0.79× | ||
| Q1 24 | — | 0.82× |
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
AAL
| Passenger Travel | $11.6B | 83% |
| Loyalty Program Travel Redemptions | $1.1B | 8% |
| Loyalty Program Marketing Services | $945.0M | 7% |
| Cargo And Freight | $227.0M | 2% |
| Other Revenue | $169.0M | 1% |
ACLS
| Products | $224.6M | 94% |
| Services | $13.7M | 6% |
