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AXCELIS TECHNOLOGIES INC（ACLS）与ADT Inc.（ADT）财务数据对比。点击上方公司名可切换其他公司
ADT Inc.的季度营收约是AXCELIS TECHNOLOGIES INC的5.4倍（$1.3B vs $238.3M）。AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs 11.4%，领先3.0%）。ADT Inc.同比增速更快（2.9% vs -5.6%）。ADT Inc.自由现金流更多（$323.5M vs $-8.9M）。过去两年ADT Inc.的营收复合增速更高（2.7% vs -2.8%）
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。
ADT Inc.是美国头部安防企业，总部位于佛罗里达州博卡拉顿，业务覆盖美国与加拿大，为住宅、小型商户提供电子安防、消防防护及相关报警监控服务。公司2016年被阿波罗全球管理以69亿美元杠杆收购，2018年1月于纽约证券交易所上市。
ACLS vs ADT — 直观对比
营收规模更大
ADT
是对方的5.4倍
$238.3M
营收增速更快
ADT
高出8.4%
-5.6%
净利率更高
ACLS
高出3.0%
11.4%
自由现金流更多
ADT
多$332.4M
$-8.9M
两年增速更快
ADT
近两年复合增速
-2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $1.3B |
| 净利润 | $34.3M | $145.4M |
| 毛利率 | 47.0% | — |
| 营业利润率 | 15.2% | 26.1% |
| 净利率 | 14.4% | 11.4% |
| 营收同比 | -5.6% | 2.9% |
| 净利润同比 | -31.3% | -23.5% |
| 每股收益（稀释后） | $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ACLSADT
| Q4 25 | $238.3M | $1.3B | ||
| Q3 25 | $213.6M | $1.3B | ||
| Q2 25 | $194.5M | $1.3B | ||
| Q1 25 | $192.6M | $1.3B | ||
| Q4 24 | $252.4M | $1.2B | ||
| Q3 24 | $256.6M | $1.2B | ||
| Q2 24 | $256.5M | $1.2B | ||
| Q1 24 | $252.4M | $1.2B |
净利润ACLSADT
| Q4 25 | $34.3M | $145.4M | ||
| Q3 25 | $26.0M | $145.1M | ||
| Q2 25 | $31.4M | $165.2M | ||
| Q1 25 | $28.6M | $140.2M | ||
| Q4 24 | $50.0M | $190.0M | ||
| Q3 24 | $48.6M | $127.2M | ||
| Q2 24 | $50.9M | $92.4M | ||
| Q1 24 | $51.6M | $91.6M |
毛利率ACLSADT
| 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ACLSADT
| Q4 25 | 15.2% | 26.1% | ||
| Q3 25 | 11.7% | 24.3% | ||
| Q2 25 | 14.9% | 26.6% | ||
| Q1 25 | 15.1% | 25.2% | ||
| Q4 24 | 21.6% | 32.4% | ||
| Q3 24 | 18.3% | 26.2% | ||
| Q2 24 | 20.6% | 23.6% | ||
| Q1 24 | 22.4% | 16.2% |
净利率ACLSADT
| Q4 25 | 14.4% | 11.4% | ||
| Q3 25 | 12.2% | 11.2% | ||
| Q2 25 | 16.1% | 12.8% | ||
| Q1 25 | 14.8% | 11.1% | ||
| Q4 24 | 19.8% | 15.3% | ||
| Q3 24 | 18.9% | 10.2% | ||
| Q2 24 | 19.8% | 7.7% | ||
| Q1 24 | 20.4% | 7.6% |
每股收益（稀释后）ACLSADT
| Q4 25 | $1.11 | — | ||
| Q3 25 | $0.83 | — | ||
| Q2 25 | $0.98 | — | ||
| Q1 25 | $0.88 | — | ||
| Q4 24 | $1.54 | — | ||
| Q3 24 | $1.49 | — | ||
| Q2 24 | $1.55 | — | ||
| Q1 24 | $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 | $80.8M |
| 总债务越低越好 | — | $7.4B |
| 股东权益账面价值 | $1.0B | $3.8B |
| 总资产 | $1.4B | $15.8B |
| 负债/权益比越低杠杆越低 | — | 1.95× |
8季度趋势，按日历期对齐
现金及短期投资ACLSADT
| Q4 25 | $374.3M | $80.8M | ||
| Q3 25 | $449.6M | $62.8M | ||
| Q2 25 | $549.8M | $45.2M | ||
| Q1 25 | $587.1M | $3.7M | ||
| Q4 24 | $571.3M | $96.2M | ||
| Q3 24 | $579.4M | $95.3M | ||
| Q2 24 | $548.3M | $37.9M | ||
| Q1 24 | $530.2M | $4.0M |
总债务ACLSADT
| Q4 25 | — | $7.4B | ||
| Q3 25 | — | $7.3B | ||
| Q2 25 | — | $6.8B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $7.5B | ||
| Q3 24 | — | $7.5B | ||
| Q2 24 | — | $7.5B | ||
| Q1 24 | — | $7.6B |
股东权益ACLSADT
| Q4 25 | $1.0B | $3.8B | ||
| Q3 25 | $1.0B | $3.7B | ||
| Q2 25 | $1.0B | $3.7B | ||
| Q1 25 | $1.0B | $3.6B | ||
| Q4 24 | $1.0B | $3.8B | ||
| Q3 24 | $975.6M | $3.9B | ||
| Q2 24 | $934.9M | $3.8B | ||
| Q1 24 | $901.7M | $3.7B |
总资产ACLSADT
| Q4 25 | $1.4B | $15.8B | ||
| Q3 25 | $1.4B | $16.0B | ||
| Q2 25 | $1.3B | $16.0B | ||
| Q1 25 | $1.3B | $15.8B | ||
| Q4 24 | $1.3B | $16.1B | ||
| Q3 24 | $1.3B | $16.1B | ||
| Q2 24 | $1.3B | $16.0B | ||
| Q1 24 | $1.3B | $15.9B |
负债/权益比ACLSADT
| Q4 25 | — | 1.95× | ||
| Q3 25 | — | 1.99× | ||
| Q2 25 | — | 1.84× | ||
| Q1 25 | — | 2.10× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | 1.93× | ||
| Q2 24 | — | 1.98× | ||
| Q1 24 | — | 2.03× |
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 | $-6.6M | $373.6M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $323.5M |
| 自由现金流率自由现金流/营收 | -3.7% | 25.4% |
| 资本支出强度资本支出/营收 | 1.0% | 3.9% |
| 现金转化率经营现金流/净利润 | -0.19× | 2.57× |
| 过去12个月自由现金流最近4个季度 | $107.0M | $1.7B |
8季度趋势，按日历期对齐
经营现金流ACLSADT
| Q4 25 | $-6.6M | $373.6M | ||
| Q3 25 | $45.4M | $480.1M | ||
| Q2 25 | $39.7M | $563.9M | ||
| Q1 25 | $39.8M | $466.6M | ||
| Q4 24 | $12.8M | $459.7M | ||
| Q3 24 | $45.7M | $498.2M | ||
| Q2 24 | $40.1M | $563.2M | ||
| Q1 24 | $42.2M | $363.8M |
自由现金流ACLSADT
| Q4 25 | $-8.9M | $323.5M | ||
| Q3 25 | $43.3M | $437.4M | ||
| Q2 25 | $37.7M | $526.3M | ||
| Q1 25 | $34.8M | $421.2M | ||
| Q4 24 | $8.1M | $426.0M | ||
| Q3 24 | $41.8M | $455.5M | ||
| Q2 24 | $38.1M | $516.5M | ||
| Q1 24 | $40.6M | $323.1M |
自由现金流率ACLSADT
| Q4 25 | -3.7% | 25.4% | ||
| Q3 25 | 20.3% | 33.7% | ||
| Q2 25 | 19.4% | 40.9% | ||
| Q1 25 | 18.1% | 33.2% | ||
| Q4 24 | 3.2% | 34.3% | ||
| Q3 24 | 16.3% | 36.6% | ||
| Q2 24 | 14.8% | 42.9% | ||
| Q1 24 | 16.1% | 26.7% |
资本支出强度ACLSADT
| Q4 25 | 1.0% | 3.9% | ||
| Q3 25 | 0.9% | 3.3% | ||
| Q2 25 | 1.0% | 2.9% | ||
| Q1 25 | 2.6% | 3.6% | ||
| Q4 24 | 1.8% | 2.7% | ||
| Q3 24 | 1.5% | 3.4% | ||
| Q2 24 | 0.8% | 3.9% | ||
| Q1 24 | 0.6% | 3.4% |
现金转化率ACLSADT
| Q4 25 | -0.19× | 2.57× | ||
| Q3 25 | 1.75× | 3.31× | ||
| Q2 25 | 1.27× | 3.41× | ||
| Q1 25 | 1.39× | 3.33× | ||
| Q4 24 | 0.26× | 2.42× | ||
| Q3 24 | 0.94× | 3.92× | ||
| Q2 24 | 0.79× | 6.10× | ||
| Q1 24 | 0.82× | 3.97× |
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
ACLS
| Products | $224.6M | 94% |
| Services | $13.7M | 6% |
ADT
| Recurring Monthly Revenue | $1.0B | 82% |
| Installation Revenue | $103.0M | 8% |
| Amortization Of Deferred Subscriber Acquisition Revenue | $89.9M | 7% |
| Other Related Services | $36.0M | 3% |
