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亚德诺半导体（ADI）与APA Corporation（APA）财务数据对比。点击上方公司名可切换其他公司
亚德诺半导体的季度营收约是APA Corporation的1.4倍（$3.2B vs $2.2B），亚德诺半导体净利率更高（26.3% vs 15.0%，领先11.3%），亚德诺半导体同比增速更快（30.4% vs -24.3%），过去两年亚德诺半导体的营收复合增速更高（21.0% vs 1.4%）
亚德诺半导体（ADI）是总部位于美国马萨诸塞州威尔明顿的跨国半导体企业，专注于数据转换、信号处理与电源管理技术研发，相关产品广泛应用于通信、工业、汽车等多个领域，是全球模拟芯片领域的领先厂商。
APA Corporation是美国能源企业阿帕奇公司的控股主体，主要从事碳氢化合物资源勘探相关业务，在特拉华州注册成立，总部位于得克萨斯州休斯敦，是北美地区拥有丰富项目经验的能源勘探运营企业。
ADI vs APA — 直观对比
营收规模更大
ADI
是对方的1.4倍
$2.2B
营收增速更快
ADI
高出54.8%
-24.3%
净利率更高
ADI
高出11.3%
15.0%
两年增速更快
ADI
近两年复合增速
1.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.2B |
| 净利润 | $830.8M | $331.0M |
| 毛利率 | 64.7% | — |
| 营业利润率 | 31.5% | 32.5% |
| 净利率 | 26.3% | 15.0% |
| 营收同比 | 30.4% | -24.3% |
| 净利润同比 | 112.3% | -22.1% |
| 每股收益（稀释后） | $1.69 | $0.79 |
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ADIAPA
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $2.2B | ||
| Q3 25 | $2.9B | $2.3B | ||
| Q2 25 | $2.6B | $2.3B | ||
| Q1 25 | $2.4B | $2.7B | ||
| Q4 24 | $2.4B | $2.9B | ||
| Q3 24 | $2.3B | $2.7B | ||
| Q2 24 | $2.2B | $2.8B |
净利润ADIAPA
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $331.0M | ||
| Q3 25 | $518.5M | $205.0M | ||
| Q2 25 | $569.8M | $603.0M | ||
| Q1 25 | $391.3M | $418.0M | ||
| Q4 24 | $478.1M | $425.0M | ||
| Q3 24 | $392.2M | $-223.0M | ||
| Q2 24 | $302.2M | $541.0M |
毛利率ADIAPA
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | — | ||
| Q3 25 | 62.1% | — | ||
| Q2 25 | 61.0% | — | ||
| Q1 25 | 59.0% | — | ||
| Q4 24 | 58.0% | — | ||
| Q3 24 | 56.7% | — | ||
| Q2 24 | 54.7% | — |
营业利润率ADIAPA
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | 32.5% | ||
| Q3 25 | 28.4% | 33.7% | ||
| Q2 25 | 25.7% | 31.8% | ||
| Q1 25 | 20.3% | 31.9% | ||
| Q4 24 | 23.3% | 31.4% | ||
| Q3 24 | 21.2% | -5.2% | ||
| Q2 24 | 17.9% | 34.4% |
净利率ADIAPA
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 15.0% | ||
| Q3 25 | 18.0% | 9.0% | ||
| Q2 25 | 21.6% | 26.0% | ||
| Q1 25 | 16.1% | 15.4% | ||
| Q4 24 | 19.6% | 14.6% | ||
| Q3 24 | 17.0% | -8.1% | ||
| Q2 24 | 14.0% | 19.0% |
每股收益（稀释后）ADIAPA
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $0.79 | ||
| Q3 25 | $1.04 | $0.57 | ||
| Q2 25 | $1.14 | $1.67 | ||
| Q1 25 | $0.78 | $0.96 | ||
| Q4 24 | $0.95 | $0.97 | ||
| Q3 24 | $0.79 | $-0.60 | ||
| Q2 24 | $0.61 | $1.46 |
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 | $2.9B | $516.0M |
| 总债务越低越好 | — | $4.3B |
| 股东权益账面价值 | $33.8B | $6.1B |
| 总资产 | $48.0B | $17.8B |
| 负债/权益比越低杠杆越低 | — | 0.70× |
8季度趋势，按日历期对齐
现金及短期投资ADIAPA
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $516.0M | ||
| Q3 25 | $2.3B | $475.0M | ||
| Q2 25 | $2.4B | $107.0M | ||
| Q1 25 | $2.3B | $67.0M | ||
| Q4 24 | $2.4B | $625.0M | ||
| Q3 24 | $2.1B | $64.0M | ||
| Q2 24 | $2.4B | $160.0M |
总债务ADIAPA
| Q1 26 | — | — | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | — | $4.3B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $6.0B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.7B |
股东权益ADIAPA
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $6.1B | ||
| Q3 25 | $34.1B | $6.0B | ||
| Q2 25 | $35.0B | $5.9B | ||
| Q1 25 | $35.1B | $5.4B | ||
| Q4 24 | $35.2B | $5.3B | ||
| Q3 24 | $35.2B | $5.1B | ||
| Q2 24 | $35.2B | $5.4B |
总资产ADIAPA
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $17.8B | ||
| Q3 25 | $48.2B | $17.7B | ||
| Q2 25 | $47.3B | $18.1B | ||
| Q1 25 | $48.0B | $18.5B | ||
| Q4 24 | $48.2B | $19.4B | ||
| Q3 24 | $48.6B | $19.4B | ||
| Q2 24 | $48.9B | $20.2B |
负债/权益比ADIAPA
| Q1 26 | — | — | ||
| Q4 25 | — | 0.70× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | — | 1.24× |
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 | $1.4B | $808.0M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | — |
| 自由现金流率自由现金流/营收 | 39.8% | — |
| 资本支出强度资本支出/营收 | 3.5% | — |
| 现金转化率经营现金流/净利润 | 1.65× | 2.44× |
| 过去12个月自由现金流最近4个季度 | $4.6B | — |
8季度趋势，按日历期对齐
经营现金流ADIAPA
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $808.0M | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $819.5M | $1.2B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $855.0M | $1.3B | ||
| Q2 24 | $807.9M | $877.0M |
自由现金流ADIAPA
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $729.2M | — | ||
| Q1 25 | $977.8M | — | ||
| Q4 24 | $885.4M | — | ||
| Q3 24 | $701.1M | — | ||
| Q2 24 | $619.7M | — |
自由现金流率ADIAPA
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | — | ||
| Q3 25 | 37.7% | — | ||
| Q2 25 | 27.6% | — | ||
| Q1 25 | 40.4% | — | ||
| Q4 24 | 36.2% | — | ||
| Q3 24 | 30.3% | — | ||
| Q2 24 | 28.7% | — |
资本支出强度ADIAPA
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 8.7% | — |
现金转化率ADIAPA
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | 2.44× | ||
| Q3 25 | 2.25× | 7.12× | ||
| Q2 25 | 1.44× | 1.96× | ||
| Q1 25 | 2.88× | 2.62× | ||
| Q4 24 | 2.20× | 2.44× | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.67× | 1.62× |
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
ADI
| Sales Channel Directly To Consumer | $1.4B | 44% |
| Automotive | $794.4M | 25% |
| Communications | $476.8M | 15% |
| Consumer | $399.8M | 13% |
| Other | $71.3M | 2% |
| Sales Channel Other | $40.8M | 1% |
APA
| Oil And Gas Excluding Purchased | $1.7B | 76% |
| Oil And Gas Purchased | $323.0M | 15% |
| Oil Reserves | $114.0M | 5% |
| Other | $72.0M | 3% |
| Natural Gas Reserves | $30.0M | 1% |
