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AXCELIS TECHNOLOGIES INC（ACLS）与AMERICAN STATES WATER CO（AWR）财务数据对比。点击上方公司名可切换其他公司
AXCELIS TECHNOLOGIES INC的季度营收约是AMERICAN STATES WATER CO的1.5倍（$238.3M vs $164.3M），AMERICAN STATES WATER CO净利率更高（17.5% vs 14.4%，领先3.1%），AMERICAN STATES WATER CO同比增速更快（14.8% vs -5.6%），AXCELIS TECHNOLOGIES INC自由现金流更多（$-8.9M vs $-36.0M），过去两年AMERICAN STATES WATER CO的营收复合增速更高（10.2% 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。
美国州水公司是美国的上市公用事业企业，通过旗下子公司在全美范围内提供自来水供应及污水处理相关服务，服务覆盖居民、商业及公共机构等多元客户群体，是当地水务服务领域的重要参与企业。
ACLS vs AWR — 直观对比
营收规模更大
ACLS
是对方的1.5倍
$164.3M
营收增速更快
AWR
高出20.4%
-5.6%
净利率更高
AWR
高出3.1%
14.4%
自由现金流更多
ACLS
多$27.1M
$-36.0M
两年增速更快
AWR
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $164.3M |
| 净利润 | $34.3M | $28.7M |
| 毛利率 | 47.0% | 88.9% |
| 营业利润率 | 15.2% | 27.4% |
| 净利率 | 14.4% | 17.5% |
| 营收同比 | -5.6% | 14.8% |
| 净利润同比 | -31.3% | 1.1% |
| 每股收益（稀释后） | $1.11 | $0.74 |
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ACLSAWR
| Q4 25 | $238.3M | $164.3M | ||
| Q3 25 | $213.6M | $182.7M | ||
| Q2 25 | $194.5M | $163.1M | ||
| Q1 25 | $192.6M | $148.0M | ||
| Q4 24 | $252.4M | $143.1M | ||
| Q3 24 | $256.6M | $161.8M | ||
| Q2 24 | $256.5M | $155.3M | ||
| Q1 24 | $252.4M | $135.3M |
净利润ACLSAWR
| Q4 25 | $34.3M | $28.7M | ||
| Q3 25 | $26.0M | $41.2M | ||
| Q2 25 | $31.4M | $33.7M | ||
| Q1 25 | $28.6M | $26.8M | ||
| Q4 24 | $50.0M | $28.4M | ||
| Q3 24 | $48.6M | $35.8M | ||
| Q2 24 | $50.9M | $31.9M | ||
| Q1 24 | $51.6M | $23.1M |
毛利率ACLSAWR
| Q4 25 | 47.0% | 88.9% | ||
| Q3 25 | 41.6% | 91.0% | ||
| Q2 25 | 44.9% | 92.1% | ||
| Q1 25 | 46.1% | 91.3% | ||
| Q4 24 | 46.0% | 92.4% | ||
| Q3 24 | 42.9% | 92.7% | ||
| Q2 24 | 43.8% | 89.6% | ||
| Q1 24 | 46.0% | 88.4% |
营业利润率ACLSAWR
| Q4 25 | 15.2% | 27.4% | ||
| Q3 25 | 11.7% | 33.8% | ||
| Q2 25 | 14.9% | 31.3% | ||
| Q1 25 | 15.1% | 30.8% | ||
| Q4 24 | 21.6% | 27.0% | ||
| Q3 24 | 18.3% | 34.0% | ||
| Q2 24 | 20.6% | 33.3% | ||
| Q1 24 | 22.4% | 28.8% |
净利率ACLSAWR
| Q4 25 | 14.4% | 17.5% | ||
| Q3 25 | 12.2% | 22.5% | ||
| Q2 25 | 16.1% | 20.7% | ||
| Q1 25 | 14.8% | 18.1% | ||
| Q4 24 | 19.8% | 19.9% | ||
| Q3 24 | 18.9% | 22.1% | ||
| Q2 24 | 19.8% | 20.5% | ||
| Q1 24 | 20.4% | 17.1% |
每股收益（稀释后）ACLSAWR
| Q4 25 | $1.11 | $0.74 | ||
| Q3 25 | $0.83 | $1.06 | ||
| Q2 25 | $0.98 | $0.87 | ||
| Q1 25 | $0.88 | $0.70 | ||
| Q4 24 | $1.54 | $0.75 | ||
| Q3 24 | $1.49 | $0.95 | ||
| Q2 24 | $1.55 | $0.85 | ||
| Q1 24 | $1.57 | $0.62 |
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 | $18.8M |
| 总债务越低越好 | — | $782.7M |
| 股东权益账面价值 | $1.0B | $1.0B |
| 总资产 | $1.4B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资ACLSAWR
| Q4 25 | $374.3M | $18.8M | ||
| Q3 25 | $449.6M | $26.1M | ||
| Q2 25 | $549.8M | $20.2M | ||
| Q1 25 | $587.1M | $21.2M | ||
| Q4 24 | $571.3M | $26.7M | ||
| Q3 24 | $579.4M | $16.5M | ||
| Q2 24 | $548.3M | $3.6M | ||
| Q1 24 | $530.2M | $17.0M |
总债务ACLSAWR
| Q4 25 | — | $782.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $640.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACLSAWR
| Q4 25 | $1.0B | $1.0B | ||
| Q3 25 | $1.0B | $1.0B | ||
| Q2 25 | $1.0B | $972.5M | ||
| Q1 25 | $1.0B | $956.4M | ||
| Q4 24 | $1.0B | $920.1M | ||
| Q3 24 | $975.6M | $879.5M | ||
| Q2 24 | $934.9M | $833.5M | ||
| Q1 24 | $901.7M | $800.5M |
总资产ACLSAWR
| Q4 25 | $1.4B | $2.7B | ||
| Q3 25 | $1.4B | $2.7B | ||
| Q2 25 | $1.3B | $2.6B | ||
| Q1 25 | $1.3B | $2.5B | ||
| Q4 24 | $1.3B | $2.5B | ||
| Q3 24 | $1.3B | $2.4B | ||
| Q2 24 | $1.3B | $2.3B | ||
| Q1 24 | $1.3B | $2.3B |
负债/权益比ACLSAWR
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $-36.0M |
| 自由现金流率自由现金流/营收 | -3.7% | -21.9% |
| 资本支出强度资本支出/营收 | 1.0% | 38.8% |
| 现金转化率经营现金流/净利润 | -0.19× | 0.96× |
| 过去12个月自由现金流最近4个季度 | $107.0M | $-7.1M |
8季度趋势，按日历期对齐
经营现金流ACLSAWR
| Q4 25 | $-6.6M | $27.7M | ||
| Q3 25 | $45.4M | $92.4M | ||
| Q2 25 | $39.7M | $64.6M | ||
| Q1 25 | $39.8M | $45.1M | ||
| Q4 24 | $12.8M | $64.5M | ||
| Q3 24 | $45.7M | $63.7M | ||
| Q2 24 | $40.1M | $24.7M | ||
| Q1 24 | $42.2M | $45.8M |
自由现金流ACLSAWR
| Q4 25 | $-8.9M | $-36.0M | ||
| Q3 25 | $43.3M | $37.7M | ||
| Q2 25 | $37.7M | $13.7M | ||
| Q1 25 | $34.8M | $-22.5M | ||
| Q4 24 | $8.1M | $6.0M | ||
| Q3 24 | $41.8M | $-478.0K | ||
| Q2 24 | $38.1M | $-37.0M | ||
| Q1 24 | $40.6M | $-1.7M |
自由现金流率ACLSAWR
| Q4 25 | -3.7% | -21.9% | ||
| Q3 25 | 20.3% | 20.7% | ||
| Q2 25 | 19.4% | 8.4% | ||
| Q1 25 | 18.1% | -15.2% | ||
| Q4 24 | 3.2% | 4.2% | ||
| Q3 24 | 16.3% | -0.3% | ||
| Q2 24 | 14.8% | -23.8% | ||
| Q1 24 | 16.1% | -1.3% |
资本支出强度ACLSAWR
| Q4 25 | 1.0% | 38.8% | ||
| Q3 25 | 0.9% | 29.9% | ||
| Q2 25 | 1.0% | 31.2% | ||
| Q1 25 | 2.6% | 45.6% | ||
| Q4 24 | 1.8% | 40.9% | ||
| Q3 24 | 1.5% | 39.7% | ||
| Q2 24 | 0.8% | 39.8% | ||
| Q1 24 | 0.6% | 35.2% |
现金转化率ACLSAWR
| Q4 25 | -0.19× | 0.96× | ||
| Q3 25 | 1.75× | 2.24× | ||
| Q2 25 | 1.27× | 1.92× | ||
| Q1 25 | 1.39× | 1.68× | ||
| Q4 24 | 0.26× | 2.27× | ||
| Q3 24 | 0.94× | 1.78× | ||
| Q2 24 | 0.79× | 0.78× | ||
| Q1 24 | 0.82× | 1.98× |
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% |
AWR
| Water Service Utility Operations | $110.0M | 67% |
| Public Utilities Inventory Water | $22.3M | 14% |
| Wastewater | $15.9M | 10% |
| Electric Service Utility Operations | $15.2M | 9% |
