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Albertsons Companies, Inc.（ACI）与博通（AVGO）财务数据对比。点击上方公司名可切换其他公司
Albertsons Companies, Inc.的季度营收约是博通的1.1倍（$19.1B vs $18.0B），博通净利率更高（47.3% vs 1.5%，领先45.7%），博通同比增速更快（28.2% vs 1.9%），博通自由现金流更多（$7.5B vs $-94.7M），过去两年博通的营收复合增速更高（22.7% vs 3.3%）
Albertsons Companies, Inc.是美国知名杂货零售企业，主营业务覆盖生鲜食品、粮油副食、日用百货等品类的线下与线上零售，公司创立于爱达荷州博伊西，总部亦设立于此，在全美拥有大量连锁门店，为各地消费者提供便捷的日常购物服务。
博通公司是美国跨国企业，主营各类半导体与基础设施软件产品的设计、研发、生产及全球供应，产品广泛服务于数据中心、网络、软件、宽带、无线、存储及工业领域。借AI发展热潮，2025年博通已跻身全球顶级企业行列，为“七巨头”科技阵营成员。
ACI vs AVGO — 直观对比
营收规模更大
ACI
是对方的1.1倍
$18.0B
营收增速更快
AVGO
高出26.3%
1.9%
净利率更高
AVGO
高出45.7%
1.5%
自由现金流更多
AVGO
多$7.6B
$-94.7M
两年增速更快
AVGO
近两年复合增速
3.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $19.1B | $18.0B |
| 净利润 | $293.3M | $8.5B |
| 毛利率 | 27.4% | 68.0% |
| 营业利润率 | 2.6% | 41.7% |
| 净利率 | 1.5% | 47.3% |
| 营收同比 | 1.9% | 28.2% |
| 净利润同比 | -26.8% | 97.0% |
| 每股收益（稀释后） | $0.55 | $1.75 |
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ACIAVGO
| Q4 25 | $19.1B | $18.0B | ||
| Q3 25 | — | $16.0B | ||
| Q2 25 | $24.9B | $15.0B | ||
| Q1 25 | $18.8B | $14.9B | ||
| Q4 24 | $18.8B | $14.1B | ||
| Q3 24 | — | $13.1B | ||
| Q2 24 | $24.3B | $12.5B | ||
| Q1 24 | — | $12.0B |
净利润ACIAVGO
| Q4 25 | $293.3M | $8.5B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | $236.4M | $5.0B | ||
| Q1 25 | $171.8M | $5.5B | ||
| Q4 24 | $400.6M | $4.3B | ||
| Q3 24 | — | $-1.9B | ||
| Q2 24 | $240.7M | $2.1B | ||
| Q1 24 | — | $1.3B |
毛利率ACIAVGO
| Q4 25 | 27.4% | 68.0% | ||
| Q3 25 | — | 67.1% | ||
| Q2 25 | 27.1% | 68.0% | ||
| Q1 25 | 27.4% | 68.0% | ||
| Q4 24 | 27.9% | 64.1% | ||
| Q3 24 | — | 63.9% | ||
| Q2 24 | 27.8% | 62.3% | ||
| Q1 24 | — | 61.7% |
营业利润率ACIAVGO
| Q4 25 | 2.6% | 41.7% | ||
| Q3 25 | — | 36.9% | ||
| Q2 25 | 1.8% | 38.8% | ||
| Q1 25 | 1.5% | 42.0% | ||
| Q4 24 | 2.8% | 32.9% | ||
| Q3 24 | — | 29.0% | ||
| Q2 24 | 1.9% | 23.7% | ||
| Q1 24 | — | 17.4% |
净利率ACIAVGO
| Q4 25 | 1.5% | 47.3% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | 1.0% | 33.1% | ||
| Q1 25 | 0.9% | 36.9% | ||
| Q4 24 | 2.1% | 30.8% | ||
| Q3 24 | — | -14.3% | ||
| Q2 24 | 1.0% | 17.0% | ||
| Q1 24 | — | 11.1% |
每股收益（稀释后）ACIAVGO
| Q4 25 | $0.55 | $1.75 | ||
| Q3 25 | — | $0.85 | ||
| Q2 25 | $0.41 | $1.03 | ||
| Q1 25 | $0.29 | $1.14 | ||
| Q4 24 | $0.69 | $-5.63 | ||
| Q3 24 | — | $-0.40 | ||
| Q2 24 | $0.41 | $4.42 | ||
| Q1 24 | — | $2.84 |
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 | $195.1M | $16.2B |
| 总债务越低越好 | $8.4B | $62.0B |
| 股东权益账面价值 | $2.5B | $81.3B |
| 总资产 | $27.1B | $171.1B |
| 负债/权益比越低杠杆越低 | 3.36× | 0.76× |
8季度趋势，按日历期对齐
现金及短期投资ACIAVGO
| Q4 25 | $195.1M | $16.2B | ||
| Q3 25 | — | $10.7B | ||
| Q2 25 | $151.0M | $9.5B | ||
| Q1 25 | $293.6M | $9.3B | ||
| Q4 24 | $202.3M | $9.3B | ||
| Q3 24 | — | $10.0B | ||
| Q2 24 | $291.1M | $9.8B | ||
| Q1 24 | — | $11.9B |
总债务ACIAVGO
| Q4 25 | $8.4B | $62.0B | ||
| Q3 25 | — | $62.8B | ||
| Q2 25 | $7.0B | $61.8B | ||
| Q1 25 | $7.8B | $60.9B | ||
| Q4 24 | $7.8B | $66.3B | ||
| Q3 24 | — | $66.8B | ||
| Q2 24 | $7.8B | $71.6B | ||
| Q1 24 | — | $73.5B |
股东权益ACIAVGO
| Q4 25 | $2.5B | $81.3B | ||
| Q3 25 | — | $73.3B | ||
| Q2 25 | $3.2B | $69.6B | ||
| Q1 25 | $3.4B | $69.8B | ||
| Q4 24 | $3.4B | $67.7B | ||
| Q3 24 | — | $65.7B | ||
| Q2 24 | $2.9B | $70.0B | ||
| Q1 24 | — | $70.3B |
总资产ACIAVGO
| Q4 25 | $27.1B | $171.1B | ||
| Q3 25 | — | $165.6B | ||
| Q2 25 | $26.5B | $164.6B | ||
| Q1 25 | $26.8B | $165.4B | ||
| Q4 24 | $26.7B | $165.6B | ||
| Q3 24 | — | $168.0B | ||
| Q2 24 | $26.1B | $175.2B | ||
| Q1 24 | — | $177.9B |
负债/权益比ACIAVGO
| Q4 25 | 3.36× | 0.76× | ||
| Q3 25 | — | 0.86× | ||
| Q2 25 | 2.17× | 0.89× | ||
| Q1 25 | 2.29× | 0.87× | ||
| Q4 24 | 2.31× | 0.98× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | 2.67× | 1.02× | ||
| Q1 24 | — | 1.05× |
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 | $367.6M | $7.7B |
| 自由现金流经营现金流 - 资本支出 | $-94.7M | $7.5B |
| 自由现金流率自由现金流/营收 | -0.5% | 41.4% |
| 资本支出强度资本支出/营收 | 2.4% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.25× | 0.90× |
| 过去12个月自由现金流最近4个季度 | — | $26.9B |
8季度趋势，按日历期对齐
经营现金流ACIAVGO
| Q4 25 | $367.6M | $7.7B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | $754.4M | $6.6B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | $548.0M | $5.6B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | $960.9M | $4.6B | ||
| Q1 24 | — | $4.8B |
自由现金流ACIAVGO
| Q4 25 | $-94.7M | $7.5B | ||
| Q3 25 | — | $7.0B | ||
| Q2 25 | $169.8M | $6.4B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | $53.6M | $5.5B | ||
| Q3 24 | — | $4.8B | ||
| Q2 24 | $417.9M | $4.4B | ||
| Q1 24 | — | $4.7B |
自由现金流率ACIAVGO
| Q4 25 | -0.5% | 41.4% | ||
| Q3 25 | — | 44.0% | ||
| Q2 25 | 0.7% | 42.7% | ||
| Q1 25 | — | 40.3% | ||
| Q4 24 | 0.3% | 39.0% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | 1.7% | 35.6% | ||
| Q1 24 | — | 39.2% |
资本支出强度ACIAVGO
| Q4 25 | 2.4% | 1.3% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | 2.3% | 1.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | 2.6% | 0.9% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | 2.2% | 1.1% | ||
| Q1 24 | — | 1.0% |
现金转化率ACIAVGO
| Q4 25 | 1.25× | 0.90× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | 3.19× | 1.32× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | 1.37× | 1.30× | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.99× | 2.16× | ||
| Q1 24 | — | 3.63× |
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
ACI
| Retail Sales | $18.9B | 99% |
| Third Party Sales And Other Miscellaneous Revenue | $196.8M | 1% |
AVGO
| Semiconductor Solutions | $11.1B | 61% |
| Infrastructure Software | $6.9B | 39% |
