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亚德诺半导体（ADI）与力特（LFUS）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力特的5.3倍（$3.2B vs $593.9M）。亚德诺半导体净利率更高（26.3% vs -40.8%，领先67.1%）。亚德诺半导体同比增速更快（30.4% vs 12.2%）。亚德诺半导体自由现金流更多（$1.3B vs $119.7M）。过去两年亚德诺半导体的营收复合增速更高（21.0% vs 5.3%）
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。
力特是全球领先的电路保护、传感及控制组件制造商，主营保险丝、半导体保护器件、功率开关、传感器、断路器等产品，服务汽车、工业电子、消费电子、通信及可再生能源等领域，为全球客户提供提升设备安全可靠性的解决方案。
ADI vs LFUS — 直观对比
营收规模更大
ADI
是对方的5.3倍
$593.9M
营收增速更快
ADI
高出18.3%
12.2%
净利率更高
ADI
高出67.1%
-40.8%
自由现金流更多
ADI
多$1.1B
$119.7M
两年增速更快
ADI
近两年复合增速
5.3%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $593.9M |
| 净利润 | $830.8M | $-242.1M |
| 毛利率 | 64.7% | 38.0% |
| 营业利润率 | 31.5% | -37.5% |
| 净利率 | 26.3% | -40.8% |
| 营收同比 | 30.4% | 12.2% |
| 净利润同比 | 112.3% | -367.6% |
| 每股收益（稀释后） | $1.69 | $-9.71 |
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ADILFUS
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $593.9M | ||
| Q3 25 | $2.9B | $624.6M | ||
| Q2 25 | $2.6B | $613.4M | ||
| Q1 25 | $2.4B | $554.3M | ||
| Q4 24 | $2.4B | $529.5M | ||
| Q3 24 | $2.3B | $567.4M | ||
| Q2 24 | $2.2B | $558.5M |
净利润ADILFUS
| Q1 26 | $830.8M | — | ||
| Q4 25 | $787.7M | $-242.1M | ||
| Q3 25 | $518.5M | $69.5M | ||
| Q2 25 | $569.8M | $57.3M | ||
| Q1 25 | $391.3M | $43.6M | ||
| Q4 24 | $478.1M | $-51.8M | ||
| Q3 24 | $392.2M | $58.1M | ||
| Q2 24 | $302.2M | $45.5M |
毛利率ADILFUS
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 38.0% | ||
| Q3 25 | 62.1% | 38.6% | ||
| Q2 25 | 61.0% | 37.8% | ||
| Q1 25 | 59.0% | 37.4% | ||
| Q4 24 | 58.0% | 33.4% | ||
| Q3 24 | 56.7% | 38.1% | ||
| Q2 24 | 54.7% | 37.1% |
营业利润率ADILFUS
| Q1 26 | 31.5% | — | ||
| Q4 25 | 30.7% | -37.5% | ||
| Q3 25 | 28.4% | 15.6% | ||
| Q2 25 | 25.7% | 15.1% | ||
| Q1 25 | 20.3% | 12.7% | ||
| Q4 24 | 23.3% | -9.3% | ||
| Q3 24 | 21.2% | 15.5% | ||
| Q2 24 | 17.9% | 11.7% |
净利率ADILFUS
| Q1 26 | 26.3% | — | ||
| Q4 25 | 25.6% | -40.8% | ||
| Q3 25 | 18.0% | 11.1% | ||
| Q2 25 | 21.6% | 9.3% | ||
| Q1 25 | 16.1% | 7.9% | ||
| Q4 24 | 19.6% | -9.8% | ||
| Q3 24 | 17.0% | 10.2% | ||
| Q2 24 | 14.0% | 8.1% |
每股收益（稀释后）ADILFUS
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.60 | $-9.71 | ||
| Q3 25 | $1.04 | $2.77 | ||
| Q2 25 | $1.14 | $2.30 | ||
| Q1 25 | $0.78 | $1.75 | ||
| Q4 24 | $0.95 | $-2.07 | ||
| Q3 24 | $0.79 | $2.32 | ||
| Q2 24 | $0.61 | $1.82 |
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 | $563.7M |
| 总债务越低越好 | — | $802.6M |
| 股东权益账面价值 | $33.8B | $2.4B |
| 总资产 | $48.0B | $4.0B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资ADILFUS
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.7B | $563.7M | ||
| Q3 25 | $2.3B | $815.0M | ||
| Q2 25 | $2.4B | $685.5M | ||
| Q1 25 | $2.3B | $619.7M | ||
| Q4 24 | $2.4B | $725.9M | ||
| Q3 24 | $2.1B | $630.7M | ||
| Q2 24 | $2.4B | $562.7M |
总债务ADILFUS
| Q1 26 | — | — | ||
| Q4 25 | — | $802.6M | ||
| Q3 25 | — | $805.8M | ||
| Q2 25 | — | $810.2M | ||
| Q1 25 | — | $805.7M | ||
| Q4 24 | — | $856.1M | ||
| Q3 24 | — | $867.7M | ||
| Q2 24 | — | $863.5M |
股东权益ADILFUS
| Q1 26 | $33.8B | — | ||
| Q4 25 | $33.8B | $2.4B | ||
| Q3 25 | $34.1B | $2.7B | ||
| Q2 25 | $35.0B | $2.6B | ||
| Q1 25 | $35.1B | $2.5B | ||
| Q4 24 | $35.2B | $2.4B | ||
| Q3 24 | $35.2B | $2.6B | ||
| Q2 24 | $35.2B | $2.5B |
总资产ADILFUS
| Q1 26 | $48.0B | — | ||
| Q4 25 | $48.0B | $4.0B | ||
| Q3 25 | $48.2B | $4.2B | ||
| Q2 25 | $47.3B | $4.1B | ||
| Q1 25 | $48.0B | $3.9B | ||
| Q4 24 | $48.2B | $3.9B | ||
| Q3 24 | $48.6B | $4.1B | ||
| Q2 24 | $48.9B | $3.9B |
负债/权益比ADILFUS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | 0.34× | ||
| Q2 24 | — | 0.35× |
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 | $138.7M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $119.7M |
| 自由现金流率自由现金流/营收 | 39.8% | 20.2% |
| 资本支出强度资本支出/营收 | 3.5% | 3.2% |
| 现金转化率经营现金流/净利润 | 1.65× | — |
| 过去12个月自由现金流最近4个季度 | $4.6B | $366.1M |
8季度趋势，按日历期对齐
经营现金流ADILFUS
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.7B | $138.7M | ||
| Q3 25 | $1.2B | $146.9M | ||
| Q2 25 | $819.5M | $82.5M | ||
| Q1 25 | $1.1B | $65.8M | ||
| Q4 24 | $1.1B | $160.6M | ||
| Q3 24 | $855.0M | $80.4M | ||
| Q2 24 | $807.9M | $69.4M |
自由现金流ADILFUS
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.5B | $119.7M | ||
| Q3 25 | $1.1B | $131.2M | ||
| Q2 25 | $729.2M | $72.6M | ||
| Q1 25 | $977.8M | $42.7M | ||
| Q4 24 | $885.4M | $134.8M | ||
| Q3 24 | $701.1M | $65.0M | ||
| Q2 24 | $619.7M | $50.3M |
自由现金流率ADILFUS
| Q1 26 | 39.8% | — | ||
| Q4 25 | 48.3% | 20.2% | ||
| Q3 25 | 37.7% | 21.0% | ||
| Q2 25 | 27.6% | 11.8% | ||
| Q1 25 | 40.4% | 7.7% | ||
| Q4 24 | 36.2% | 25.5% | ||
| Q3 24 | 30.3% | 11.5% | ||
| Q2 24 | 28.7% | 9.0% |
资本支出强度ADILFUS
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 3.2% | ||
| Q3 25 | 2.7% | 2.5% | ||
| Q2 25 | 3.4% | 1.6% | ||
| Q1 25 | 6.1% | 4.2% | ||
| Q4 24 | 6.8% | 4.9% | ||
| Q3 24 | 6.7% | 2.7% | ||
| Q2 24 | 8.7% | 3.4% |
现金转化率ADILFUS
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.16× | — | ||
| Q3 25 | 2.25× | 2.11× | ||
| Q2 25 | 1.44× | 1.44× | ||
| Q1 25 | 2.88× | 1.51× | ||
| Q4 24 | 2.20× | — | ||
| Q3 24 | 2.18× | 1.39× | ||
| Q2 24 | 2.67× | 1.53× |
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% |
LFUS
| Electronics Passive Products And Sensors | $174.9M | 29% |
| Electronics Semiconductor | $170.3M | 29% |
| Industrial Products | $85.0M | 14% |
| Commercial Vehicle Products | $76.2M | 13% |
| Passenger Car Products | $72.8M | 12% |
| Automotive Sensors | $14.7M | 2% |
| Dortmund Fab | $12.5M | 2% |
