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AXCELIS TECHNOLOGIES INC（ACLS）与麦格劳希尔（MH）财务数据对比。点击上方公司名可切换其他公司
麦格劳希尔的季度营收约是AXCELIS TECHNOLOGIES INC的1.8倍（$434.2M vs $238.3M），AXCELIS TECHNOLOGIES INC净利率更高（14.4% vs -4.7%，领先19.0%），AXCELIS TECHNOLOGIES INC同比增速更快（-5.6% vs -35.1%），麦格劳希尔自由现金流更多（$285.4M vs $-8.9M）
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。
麦格劳希尔是美国知名教育科技企业，面向K12、高等教育及职业领域的师生提供多元教育内容、软件与服务。核心产品包含教材、数字学习工具及自适应技术，助力优化学习体验、提升学习效果，是与霍顿米夫林哈考特、培生教育齐名的全球三大教育出版商之一。
ACLS vs MH — 直观对比
营收规模更大
MH
是对方的1.8倍
$238.3M
营收增速更快
ACLS
高出29.5%
-35.1%
净利率更高
ACLS
高出19.0%
-4.7%
自由现金流更多
MH
多$294.3M
$-8.9M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $238.3M | $434.2M |
| 净利润 | $34.3M | $-20.2M |
| 毛利率 | 47.0% | 85.3% |
| 营业利润率 | 15.2% | 7.0% |
| 净利率 | 14.4% | -4.7% |
| 营收同比 | -5.6% | -35.1% |
| 净利润同比 | -31.3% | -119.2% |
| 每股收益（稀释后） | $1.11 | $-0.11 |
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ACLSMH
| Q4 25 | $238.3M | $434.2M | ||
| Q3 25 | $213.6M | $669.2M | ||
| Q2 25 | $194.5M | $535.7M | ||
| Q1 25 | $192.6M | — | ||
| Q4 24 | $252.4M | — | ||
| Q3 24 | $256.6M | — | ||
| Q2 24 | $256.5M | — | ||
| Q1 24 | $252.4M | — |
净利润ACLSMH
| Q4 25 | $34.3M | $-20.2M | ||
| Q3 25 | $26.0M | $105.3M | ||
| Q2 25 | $31.4M | $502.0K | ||
| Q1 25 | $28.6M | — | ||
| Q4 24 | $50.0M | — | ||
| Q3 24 | $48.6M | — | ||
| Q2 24 | $50.9M | — | ||
| Q1 24 | $51.6M | — |
毛利率ACLSMH
| Q4 25 | 47.0% | 85.3% | ||
| Q3 25 | 41.6% | 79.2% | ||
| Q2 25 | 44.9% | 77.0% | ||
| 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ACLSMH
| Q4 25 | 15.2% | 7.0% | ||
| Q3 25 | 11.7% | 23.4% | ||
| Q2 25 | 14.9% | 18.0% | ||
| Q1 25 | 15.1% | — | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 18.3% | — | ||
| Q2 24 | 20.6% | — | ||
| Q1 24 | 22.4% | — |
净利率ACLSMH
| Q4 25 | 14.4% | -4.7% | ||
| Q3 25 | 12.2% | 15.7% | ||
| Q2 25 | 16.1% | 0.1% | ||
| Q1 25 | 14.8% | — | ||
| Q4 24 | 19.8% | — | ||
| Q3 24 | 18.9% | — | ||
| Q2 24 | 19.8% | — | ||
| Q1 24 | 20.4% | — |
每股收益（稀释后）ACLSMH
| Q4 25 | $1.11 | $-0.11 | ||
| Q3 25 | $0.83 | $0.57 | ||
| Q2 25 | $0.98 | $0.00 | ||
| 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 | $514.4M |
| 总债务越低越好 | — | $2.6B |
| 股东权益账面价值 | $1.0B | $775.3M |
| 总资产 | $1.4B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 3.36× |
8季度趋势，按日历期对齐
现金及短期投资ACLSMH
| Q4 25 | $374.3M | $514.4M | ||
| Q3 25 | $449.6M | $463.2M | ||
| Q2 25 | $549.8M | $247.3M | ||
| Q1 25 | $587.1M | — | ||
| Q4 24 | $571.3M | — | ||
| Q3 24 | $579.4M | — | ||
| Q2 24 | $548.3M | — | ||
| Q1 24 | $530.2M | — |
总债务ACLSMH
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACLSMH
| Q4 25 | $1.0B | $775.3M | ||
| Q3 25 | $1.0B | $794.6M | ||
| Q2 25 | $1.0B | $283.3M | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $975.6M | — | ||
| Q2 24 | $934.9M | — | ||
| Q1 24 | $901.7M | — |
总资产ACLSMH
| Q4 25 | $1.4B | $5.6B | ||
| Q3 25 | $1.4B | $6.0B | ||
| Q2 25 | $1.3B | $5.7B | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
负债/权益比ACLSMH
| Q4 25 | — | 3.36× | ||
| Q3 25 | — | 3.52× | ||
| Q2 25 | — | 11.17× | ||
| 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 | $309.0M |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $285.4M |
| 自由现金流率自由现金流/营收 | -3.7% | 65.7% |
| 资本支出强度资本支出/营收 | 1.0% | 5.4% |
| 现金转化率经营现金流/净利润 | -0.19× | — |
| 过去12个月自由现金流最近4个季度 | $107.0M | — |
8季度趋势，按日历期对齐
经营现金流ACLSMH
| Q4 25 | $-6.6M | $309.0M | ||
| Q3 25 | $45.4M | $265.0M | ||
| Q2 25 | $39.7M | $-96.7M | ||
| Q1 25 | $39.8M | — | ||
| Q4 24 | $12.8M | — | ||
| Q3 24 | $45.7M | — | ||
| Q2 24 | $40.1M | — | ||
| Q1 24 | $42.2M | — |
自由现金流ACLSMH
| Q4 25 | $-8.9M | $285.4M | ||
| Q3 25 | $43.3M | $243.8M | ||
| Q2 25 | $37.7M | $-112.9M | ||
| Q1 25 | $34.8M | — | ||
| Q4 24 | $8.1M | — | ||
| Q3 24 | $41.8M | — | ||
| Q2 24 | $38.1M | — | ||
| Q1 24 | $40.6M | — |
自由现金流率ACLSMH
| Q4 25 | -3.7% | 65.7% | ||
| Q3 25 | 20.3% | 36.4% | ||
| Q2 25 | 19.4% | -21.1% | ||
| Q1 25 | 18.1% | — | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 16.3% | — | ||
| Q2 24 | 14.8% | — | ||
| Q1 24 | 16.1% | — |
资本支出强度ACLSMH
| Q4 25 | 1.0% | 5.4% | ||
| Q3 25 | 0.9% | 3.2% | ||
| Q2 25 | 1.0% | 3.0% | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 0.6% | — |
现金转化率ACLSMH
| Q4 25 | -0.19× | — | ||
| Q3 25 | 1.75× | 2.52× | ||
| Q2 25 | 1.27× | -192.53× | ||
| Q1 25 | 1.39× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.94× | — | ||
| Q2 24 | 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
ACLS
| Products | $224.6M | 94% |
| Services | $13.7M | 6% |
MH
| Higher Education | $225.4M | 52% |
| Digital | $103.5M | 24% |
| Other | $44.4M | 10% |
| Global Professional | $36.2M | 8% |
| $24.7M | 6% |
