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AXCELIS TECHNOLOGIES INC（ACLS）与GCM Grosvenor Inc.（GCMG）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GCM Grosvenor Inc.的1.3倍（$238.3M vs $177.1M），GCM Grosvenor Inc.净利率更高（32.8% vs 14.4%，领先18.4%），GCM Grosvenor Inc.同比增速更快（7.2% vs -5.6%），GCM Grosvenor Inc.自由现金流更多（$175.0M vs $-8.9M），过去两年GCM Grosvenor Inc.的营收复合增速更高（27.5% 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。
GCM Grosvenor是美国头部另类资产管理机构，截至2023年资产管理规模约760亿美元，拥有约530名专业人士，为全球机构及个人投资者提供定制化另类投资解决方案，覆盖私募股权、对冲基金、房地产、基础设施等多元资产类别。
ACLS vs GCMG — 直观对比
营收规模更大
ACLS
是对方的1.3倍
$177.1M
营收增速更快
GCMG
高出12.7%
-5.6%
净利率更高
GCMG
高出18.4%
14.4%
自由现金流更多
GCMG
多$183.9M
$-8.9M
两年增速更快
GCMG
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $177.1M |
| 净利润 | $34.3M | $58.2M |
| 毛利率 | 47.0% | — |
| 营业利润率 | 15.2% | 30.9% |
| 净利率 | 14.4% | 32.8% |
| 营收同比 | -5.6% | 7.2% |
| 净利润同比 | -31.3% | 149.2% |
| 每股收益（稀释后） | $1.11 | $0.23 |
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ACLSGCMG
| Q4 25 | $238.3M | $177.1M | ||
| Q3 25 | $213.6M | $135.0M | ||
| Q2 25 | $194.5M | $119.7M | ||
| Q1 25 | $192.6M | $125.8M | ||
| Q4 24 | $252.4M | $165.3M | ||
| Q3 24 | $256.6M | $122.9M | ||
| Q2 24 | $256.5M | $117.0M | ||
| Q1 24 | $252.4M | $108.9M |
净利润ACLSGCMG
| Q4 25 | $34.3M | $58.2M | ||
| Q3 25 | $26.0M | $10.5M | ||
| Q2 25 | $31.4M | $15.4M | ||
| Q1 25 | $28.6M | $463.0K | ||
| Q4 24 | $50.0M | $7.6M | ||
| Q3 24 | $48.6M | $4.2M | ||
| Q2 24 | $50.9M | $4.8M | ||
| Q1 24 | $51.6M | $2.1M |
毛利率ACLSGCMG
| 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ACLSGCMG
| Q4 25 | 15.2% | 30.9% | ||
| Q3 25 | 11.7% | 32.7% | ||
| Q2 25 | 14.9% | 16.1% | ||
| Q1 25 | 15.1% | 12.2% | ||
| Q4 24 | 21.6% | 26.4% | ||
| Q3 24 | 18.3% | 20.3% | ||
| Q2 24 | 20.6% | 17.8% | ||
| Q1 24 | 22.4% | -14.7% |
净利率ACLSGCMG
| Q4 25 | 14.4% | 32.8% | ||
| Q3 25 | 12.2% | 7.8% | ||
| Q2 25 | 16.1% | 12.9% | ||
| Q1 25 | 14.8% | 0.4% | ||
| Q4 24 | 19.8% | 4.6% | ||
| Q3 24 | 18.9% | 3.4% | ||
| Q2 24 | 19.8% | 4.1% | ||
| Q1 24 | 20.4% | 2.0% |
每股收益（稀释后）ACLSGCMG
| Q4 25 | $1.11 | $0.23 | ||
| Q3 25 | $0.83 | $0.16 | ||
| Q2 25 | $0.98 | $0.05 | ||
| Q1 25 | $0.88 | $-0.02 | ||
| Q4 24 | $1.54 | $0.09 | ||
| Q3 24 | $1.49 | $0.03 | ||
| Q2 24 | $1.55 | $0.04 | ||
| Q1 24 | $1.57 | $-0.13 |
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 | $242.1M |
| 总债务越低越好 | — | $428.4M |
| 股东权益账面价值 | $1.0B | $27.0M |
| 总资产 | $1.4B | $813.8M |
| 负债/权益比越低杠杆越低 | — | 15.87× |
8季度趋势，按日历期对齐
现金及短期投资ACLSGCMG
| Q4 25 | $374.3M | $242.1M | ||
| Q3 25 | $449.6M | $182.7M | ||
| Q2 25 | $549.8M | $136.3M | ||
| Q1 25 | $587.1M | $94.5M | ||
| Q4 24 | $571.3M | $89.5M | ||
| Q3 24 | $579.4M | $98.4M | ||
| Q2 24 | $548.3M | $73.9M | ||
| Q1 24 | $530.2M | $41.9M |
总债务ACLSGCMG
| Q4 25 | — | $428.4M | ||
| Q3 25 | — | $429.3M | ||
| Q2 25 | — | $430.2M | ||
| Q1 25 | — | $431.1M | ||
| Q4 24 | — | $432.0M | ||
| Q3 24 | — | $432.9M | ||
| Q2 24 | — | $433.8M | ||
| Q1 24 | — | $384.0M |
股东权益ACLSGCMG
| Q4 25 | $1.0B | $27.0M | ||
| Q3 25 | $1.0B | $-7.4M | ||
| Q2 25 | $1.0B | $-12.3M | ||
| Q1 25 | $1.0B | $-28.3M | ||
| Q4 24 | $1.0B | $-27.6M | ||
| Q3 24 | $975.6M | $-31.9M | ||
| Q2 24 | $934.9M | $-28.5M | ||
| Q1 24 | $901.7M | $-26.4M |
总资产ACLSGCMG
| Q4 25 | $1.4B | $813.8M | ||
| Q3 25 | $1.4B | $685.9M | ||
| Q2 25 | $1.3B | $636.9M | ||
| Q1 25 | $1.3B | $579.8M | ||
| Q4 24 | $1.3B | $612.7M | ||
| Q3 24 | $1.3B | $575.0M | ||
| Q2 24 | $1.3B | $543.9M | ||
| Q1 24 | $1.3B | $497.3M |
负债/权益比ACLSGCMG
| Q4 25 | — | 15.87× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $183.5M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $175.0M |
| 自由现金流率自由现金流/营收 | -3.7% | 98.8% |
| 资本支出强度资本支出/营收 | 1.0% | 4.8% |
| 现金转化率经营现金流/净利润 | -0.19× | 3.16× |
| 过去12个月自由现金流最近4个季度 | $107.0M | $326.2M |
8季度趋势，按日历期对齐
经营现金流ACLSGCMG
| Q4 25 | $-6.6M | $183.5M | ||
| Q3 25 | $45.4M | $79.8M | ||
| Q2 25 | $39.7M | $42.0M | ||
| Q1 25 | $39.8M | $33.3M | ||
| Q4 24 | $12.8M | $148.8M | ||
| Q3 24 | $45.7M | $69.0M | ||
| Q2 24 | $40.1M | $17.5M | ||
| Q1 24 | $42.2M | $24.2M |
自由现金流ACLSGCMG
| Q4 25 | $-8.9M | $175.0M | ||
| Q3 25 | $43.3M | $78.3M | ||
| Q2 25 | $37.7M | $40.8M | ||
| Q1 25 | $34.8M | $32.1M | ||
| Q4 24 | $8.1M | $132.0M | ||
| Q3 24 | $41.8M | $62.2M | ||
| Q2 24 | $38.1M | $12.8M | ||
| Q1 24 | $40.6M | $20.0M |
自由现金流率ACLSGCMG
| Q4 25 | -3.7% | 98.8% | ||
| Q3 25 | 20.3% | 58.0% | ||
| Q2 25 | 19.4% | 34.1% | ||
| Q1 25 | 18.1% | 25.5% | ||
| Q4 24 | 3.2% | 79.9% | ||
| Q3 24 | 16.3% | 50.6% | ||
| Q2 24 | 14.8% | 10.9% | ||
| Q1 24 | 16.1% | 18.4% |
资本支出强度ACLSGCMG
| Q4 25 | 1.0% | 4.8% | ||
| Q3 25 | 0.9% | 1.1% | ||
| Q2 25 | 1.0% | 1.0% | ||
| Q1 25 | 2.6% | 0.9% | ||
| Q4 24 | 1.8% | 10.1% | ||
| Q3 24 | 1.5% | 5.5% | ||
| Q2 24 | 0.8% | 4.0% | ||
| Q1 24 | 0.6% | 3.9% |
现金转化率ACLSGCMG
| Q4 25 | -0.19× | 3.16× | ||
| Q3 25 | 1.75× | 7.61× | ||
| Q2 25 | 1.27× | 2.72× | ||
| Q1 25 | 1.39× | 71.84× | ||
| Q4 24 | 0.26× | 19.54× | ||
| Q3 24 | 0.94× | 16.60× | ||
| Q2 24 | 0.79× | 3.64× | ||
| Q1 24 | 0.82× | 11.40× |
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% |
GCMG
| Asset Management1 | $108.6M | 61% |
| Management Service Incentive Performance Fees | $61.7M | 35% |
| Management Service Incentive Carried Interest | $5.1M | 3% |
| Service Other | $1.8M | 1% |
