vs
亚德诺半导体（ADI）与COMMUNITY HEALTH SYSTEMS INC（CYH）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COMMUNITY HEALTH SYSTEMS INC的1.0倍（$3.2B vs $3.1B），亚德诺半导体净利率更高（26.3% vs 3.5%，领先22.7%），亚德诺半导体同比增速更快（30.4% vs -4.8%），亚德诺半导体自由现金流更多（$1.3B vs $172.0M），过去两年亚德诺半导体的营收复合增速更高（21.0% vs -0.5%）
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。
社区卫生系统公司总部位于美国田纳西州富兰克林，是财富500强企业。按急症护理机构数量计算，该公司曾是美国最大的综合医院医疗服务提供商。2014年它旗下有约200家医院，到2021年机构数量缩减至约85家。
ADI vs CYH — 直观对比
营收规模更大
ADI
是对方的1.0倍
$3.1B
营收增速更快
ADI
高出35.3%
-4.8%
净利率更高
ADI
高出22.7%
3.5%
自由现金流更多
ADI
多$1.1B
$172.0M
两年增速更快
ADI
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $3.1B |
| 净利润 | $830.8M | $110.0M |
| 毛利率 | 64.7% | 85.6% |
| 营业利润率 | 31.5% | 14.5% |
| 净利率 | 26.3% | 3.5% |
| 营收同比 | 30.4% | -4.8% |
| 净利润同比 | 112.3% | 254.9% |
| 每股收益（稀释后） | $1.69 | $0.82 |
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ADICYH
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $3.1B | ||
| Q3 25 | $2.9B | $3.1B | ||
| Q2 25 | $2.6B | $3.1B | ||
| Q1 25 | $2.4B | $3.2B | ||
| Q4 24 | $2.4B | $3.3B | ||
| Q3 24 | $2.3B | $3.1B | ||
| Q2 24 | $2.2B | $3.1B |
净利润ADICYH
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $110.0M | ||
| Q3 25 | $518.5M | $130.0M | ||
| Q2 25 | $569.8M | $282.0M | ||
| Q1 25 | $391.3M | $-13.0M | ||
| Q4 24 | $478.1M | $-71.0M | ||
| Q3 24 | $392.2M | $-391.0M | ||
| Q2 24 | $302.2M | $-13.0M |
毛利率ADICYH
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 85.6% | ||
| Q3 25 | 62.1% | 85.1% | ||
| Q2 25 | 61.0% | 85.0% | ||
| Q1 25 | 59.0% | 84.5% | ||
| Q4 24 | 58.0% | 84.5% | ||
| Q3 24 | 56.7% | 84.8% | ||
| Q2 24 | 54.7% | 84.6% |
营业利润率ADICYH
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | 14.5% | ||
| Q3 25 | 28.4% | 7.9% | ||
| Q2 25 | 25.7% | 16.3% | ||
| Q1 25 | 20.3% | 9.0% | ||
| Q4 24 | 23.3% | 8.5% | ||
| Q3 24 | 21.2% | -6.6% | ||
| Q2 24 | 17.9% | 7.6% |
净利率ADICYH
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 3.5% | ||
| Q3 25 | 18.0% | 4.2% | ||
| Q2 25 | 21.6% | 9.0% | ||
| Q1 25 | 16.1% | -0.4% | ||
| Q4 24 | 19.6% | -2.2% | ||
| Q3 24 | 17.0% | -12.7% | ||
| Q2 24 | 14.0% | -0.4% |
每股收益（稀释后）ADICYH
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $0.82 | ||
| Q3 25 | $1.04 | $0.96 | ||
| Q2 25 | $1.14 | $2.09 | ||
| Q1 25 | $0.78 | $-0.10 | ||
| Q4 24 | $0.95 | $-0.53 | ||
| Q3 24 | $0.79 | $-2.95 | ||
| Q2 24 | $0.61 | $-0.10 |
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 | $260.0M |
| 总债务越低越好 | — | $10.4B |
| 股东权益账面价值 | $33.8B | $-1.4B |
| 总资产 | $48.0B | $13.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ADICYH
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $260.0M | ||
| Q3 25 | $2.3B | $123.0M | ||
| Q2 25 | $2.4B | $456.0M | ||
| Q1 25 | $2.3B | $431.0M | ||
| Q4 24 | $2.4B | $37.0M | ||
| Q3 24 | $2.1B | $33.0M | ||
| Q2 24 | $2.4B | $39.0M |
总债务ADICYH
| Q1 26 | — | — | ||
| Q4 25 | — | $10.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $11.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ADICYH
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $-1.4B | ||
| Q3 25 | $34.1B | $-1.5B | ||
| Q2 25 | $35.0B | $-1.6B | ||
| Q1 25 | $35.1B | $-1.9B | ||
| Q4 24 | $35.2B | $-1.9B | ||
| Q3 24 | $35.2B | $-1.8B | ||
| Q2 24 | $35.2B | $-1.4B |
总资产ADICYH
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $13.2B | ||
| Q3 25 | $48.2B | $13.2B | ||
| Q2 25 | $47.3B | $13.6B | ||
| Q1 25 | $48.0B | $13.9B | ||
| Q4 24 | $48.2B | $14.1B | ||
| Q3 24 | $48.6B | $13.9B | ||
| Q2 24 | $48.9B | $14.4B |
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 | $266.0M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $172.0M |
| 自由现金流率自由现金流/营收 | 39.8% | 5.5% |
| 资本支出强度资本支出/营收 | 3.5% | 3.0% |
| 现金转化率经营现金流/净利润 | 1.65× | 2.42× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $208.0M |
8季度趋势，按日历期对齐
经营现金流ADICYH
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $266.0M | ||
| Q3 25 | $1.2B | $69.0M | ||
| Q2 25 | $819.5M | $88.0M | ||
| Q1 25 | $1.1B | $120.0M | ||
| Q4 24 | $1.1B | $216.0M | ||
| Q3 24 | $855.0M | $67.0M | ||
| Q2 24 | $807.9M | $101.0M |
自由现金流ADICYH
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $172.0M | ||
| Q3 25 | $1.1B | $4.0M | ||
| Q2 25 | $729.2M | $-3.0M | ||
| Q1 25 | $977.8M | $35.0M | ||
| Q4 24 | $885.4M | $107.0M | ||
| Q3 24 | $701.1M | $-3.0M | ||
| Q2 24 | $619.7M | $13.0M |
自由现金流率ADICYH
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | 5.5% | ||
| Q3 25 | 37.7% | 0.1% | ||
| Q2 25 | 27.6% | -0.1% | ||
| Q1 25 | 40.4% | 1.1% | ||
| Q4 24 | 36.2% | 3.3% | ||
| Q3 24 | 30.3% | -0.1% | ||
| Q2 24 | 28.7% | 0.4% |
资本支出强度ADICYH
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 3.0% | ||
| Q3 25 | 2.7% | 2.1% | ||
| Q2 25 | 3.4% | 2.9% | ||
| Q1 25 | 6.1% | 2.7% | ||
| Q4 24 | 6.8% | 3.3% | ||
| Q3 24 | 6.7% | 2.3% | ||
| Q2 24 | 8.7% | 2.8% |
现金转化率ADICYH
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | 2.42× | ||
| Q3 25 | 2.25× | 0.53× | ||
| Q2 25 | 1.44× | 0.31× | ||
| Q1 25 | 2.88× | — | ||
| Q4 24 | 2.20× | — | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.67× | — |
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% |
CYH
| Managed Care And Other Third Party Payors | $1.5B | 49% |
| Medicare Managed Care | $570.0M | 18% |
| Medicare | $512.0M | 16% |
| Medicaid | $464.0M | 15% |
| Self Pay Revenue | $34.0M | 1% |
