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亚德诺半导体（ADI）与江森自控（JCI）财务数据对比。点击上方公司名可切换其他公司
江森自控的季度营收约是亚德诺半导体的1.8倍（$5.8B vs $3.2B），亚德诺半导体净利率更高（26.3% vs 9.0%，领先17.3%），亚德诺半导体同比增速更快（30.4% vs 6.8%），亚德诺半导体自由现金流更多（$1.3B vs $531.0M），过去两年亚德诺半导体的营收复合增速更高（21.0% vs -7.0%）
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。
江森自控是总部位于爱尔兰科克的跨国综合企业，专注于为各类建筑提供消防、暖通空调及安防设备，业务覆盖六大洲近2000个地点，2019年中期员工规模达10.5万人，曾位列2017年《财富》全球500强第389位。
ADI vs JCI — 直观对比
营收规模更大
JCI
是对方的1.8倍
$3.2B
营收增速更快
ADI
高出23.6%
6.8%
净利率更高
ADI
高出17.3%
9.0%
自由现金流更多
ADI
多$728.2M
$531.0M
两年增速更快
ADI
近两年复合增速
-7.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $5.8B |
| 净利润 | $830.8M | $524.0M |
| 毛利率 | 64.7% | 35.8% |
| 营业利润率 | 31.5% | — |
| 净利率 | 26.3% | 9.0% |
| 营收同比 | 30.4% | 6.8% |
| 净利润同比 | 112.3% | 25.1% |
| 每股收益（稀释后） | $1.69 | $0.85 |
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ADIJCI
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $5.8B | ||
| Q3 25 | $2.9B | $6.4B | ||
| Q2 25 | $2.6B | $6.1B | ||
| Q1 25 | $2.4B | $5.7B | ||
| Q4 24 | $2.4B | $5.4B | ||
| Q3 24 | $2.3B | $2.9B | ||
| Q2 24 | $2.2B | $7.2B |
净利润ADIJCI
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $524.0M | ||
| Q3 25 | $518.5M | $1.7B | ||
| Q2 25 | $569.8M | $701.0M | ||
| Q1 25 | $391.3M | $478.0M | ||
| Q4 24 | $478.1M | $419.0M | ||
| Q3 24 | $392.2M | $633.0M | ||
| Q2 24 | $302.2M | $975.0M |
毛利率ADIJCI
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 35.8% | ||
| Q3 25 | 62.1% | 36.5% | ||
| Q2 25 | 61.0% | 37.1% | ||
| Q1 25 | 59.0% | 36.5% | ||
| Q4 24 | 58.0% | 35.5% | ||
| Q3 24 | 56.7% | 48.4% | ||
| Q2 24 | 54.7% | 34.4% |
营业利润率ADIJCI
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | — | ||
| Q3 25 | 28.4% | 5.5% | ||
| Q2 25 | 25.7% | 11.6% | ||
| Q1 25 | 20.3% | 8.8% | ||
| Q4 24 | 23.3% | 7.5% | ||
| Q3 24 | 21.2% | 6.9% | ||
| Q2 24 | 17.9% | 17.7% |
净利率ADIJCI
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | 9.0% | ||
| Q3 25 | 18.0% | 26.3% | ||
| Q2 25 | 21.6% | 11.6% | ||
| Q1 25 | 16.1% | 8.4% | ||
| Q4 24 | 19.6% | 7.7% | ||
| Q3 24 | 17.0% | 21.6% | ||
| Q2 24 | 14.0% | 13.5% |
每股收益（稀释后）ADIJCI
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $0.85 | ||
| Q3 25 | $1.04 | $2.61 | ||
| Q2 25 | $1.14 | $1.07 | ||
| Q1 25 | $0.78 | $0.72 | ||
| Q4 24 | $0.95 | $0.63 | ||
| Q3 24 | $0.79 | $0.93 | ||
| Q2 24 | $0.61 | $1.45 |
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 | $552.0M |
| 总债务越低越好 | — | $8.7B |
| 股东权益账面价值 | $33.8B | $13.2B |
| 总资产 | $48.0B | $38.0B |
| 负债/权益比越低杠杆越低 | — | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资ADIJCI
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $552.0M | ||
| Q3 25 | $2.3B | $379.0M | ||
| Q2 25 | $2.4B | $731.0M | ||
| Q1 25 | $2.3B | $795.0M | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.1B | $606.0M | ||
| Q2 24 | $2.4B | $862.0M |
总债务ADIJCI
| Q1 26 | — | — | ||
| Q4 25 | — | $8.7B | ||
| Q3 25 | — | $8.6B | ||
| Q2 25 | — | $8.4B | ||
| Q1 25 | — | $8.2B | ||
| Q4 24 | — | $8.6B | ||
| Q3 24 | — | $8.0B | ||
| Q2 24 | — | $7.9B |
股东权益ADIJCI
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $13.2B | ||
| Q3 25 | $34.1B | $12.9B | ||
| Q2 25 | $35.0B | $15.8B | ||
| Q1 25 | $35.1B | $15.8B | ||
| Q4 24 | $35.2B | $15.9B | ||
| Q3 24 | $35.2B | $16.1B | ||
| Q2 24 | $35.2B | $16.0B |
总资产ADIJCI
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $38.0B | ||
| Q3 25 | $48.2B | $37.9B | ||
| Q2 25 | $47.3B | $43.4B | ||
| Q1 25 | $48.0B | $42.4B | ||
| Q4 24 | $48.2B | $42.1B | ||
| Q3 24 | $48.6B | $42.7B | ||
| Q2 24 | $48.9B | $43.3B |
负债/权益比ADIJCI
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.52× | ||
| Q4 24 | — | 0.54× | ||
| Q3 24 | — | 0.50× | ||
| Q2 24 | — | 0.49× |
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 | $611.0M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $531.0M |
| 自由现金流率自由现金流/营收 | 39.8% | 9.2% |
| 资本支出强度资本支出/营收 | 3.5% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.17× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $2.5B |
8季度趋势，按日历期对齐
经营现金流ADIJCI
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $611.0M | ||
| Q3 25 | $1.2B | $968.0M | ||
| Q2 25 | $819.5M | $787.0M | ||
| Q1 25 | $1.1B | $550.0M | ||
| Q4 24 | $1.1B | $249.0M | ||
| Q3 24 | $855.0M | $1.4B | ||
| Q2 24 | $807.9M | $1.0B |
自由现金流ADIJCI
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $531.0M | ||
| Q3 25 | $1.1B | $838.0M | ||
| Q2 25 | $729.2M | $693.0M | ||
| Q1 25 | $977.8M | $456.0M | ||
| Q4 24 | $885.4M | $133.0M | ||
| Q3 24 | $701.1M | $1.2B | ||
| Q2 24 | $619.7M | $922.0M |
自由现金流率ADIJCI
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | 9.2% | ||
| Q3 25 | 37.7% | 13.0% | ||
| Q2 25 | 27.6% | 11.5% | ||
| Q1 25 | 40.4% | 8.0% | ||
| Q4 24 | 36.2% | 2.5% | ||
| Q3 24 | 30.3% | 40.4% | ||
| Q2 24 | 28.7% | 12.8% |
资本支出强度ADIJCI
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 1.4% | ||
| Q3 25 | 2.7% | 2.0% | ||
| Q2 25 | 3.4% | 1.6% | ||
| Q1 25 | 6.1% | 1.7% | ||
| Q4 24 | 6.8% | 2.1% | ||
| Q3 24 | 6.7% | 5.8% | ||
| Q2 24 | 8.7% | 1.4% |
现金转化率ADIJCI
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | 1.17× | ||
| Q3 25 | 2.25× | 0.57× | ||
| Q2 25 | 1.44× | 1.12× | ||
| Q1 25 | 2.88× | 1.15× | ||
| Q4 24 | 2.20× | 0.59× | ||
| Q3 24 | 2.18× | 2.14× | ||
| Q2 24 | 2.67× | 1.05× |
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% |
JCI
| Productsand Systems | $3.9B | 67% |
| Services | $1.9B | 33% |
