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亚德诺半导体（ADI）与Waste Management（WM）财务数据对比。点击上方公司名可切换其他公司
Waste Management的季度营收约是亚德诺半导体的2.0倍（$6.2B vs $3.2B），亚德诺半导体净利率更高（26.3% vs 11.6%，领先14.7%），亚德诺半导体同比增速更快（30.4% vs 3.5%），亚德诺半导体自由现金流更多（$1.3B vs $981.0M），过去两年亚德诺半导体的营收复合增速更高（21.0% vs 7.4%）
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。
Waste Management是专业的废弃物管理服务提供商，业务覆盖废弃物从产生到最终处置的全流程，包含垃圾收集、运输、处理、处置等核心环节，同时涉及废弃物管理流程监督、相关法规合规、技术应用及商业机制优化等相关业务。
ADI vs WM — 直观对比
营收规模更大
WM
是对方的2.0倍
$3.2B
营收增速更快
ADI
高出26.9%
3.5%
净利率更高
ADI
高出14.7%
11.6%
自由现金流更多
ADI
多$278.2M
$981.0M
两年增速更快
ADI
近两年复合增速
7.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $6.2B |
| 净利润 | $830.8M | $723.0M |
| 毛利率 | 64.7% | — |
| 营业利润率 | 31.5% | 17.9% |
| 净利率 | 26.3% | 11.6% |
| 营收同比 | 30.4% | 3.5% |
| 净利润同比 | 112.3% | 13.5% |
| 每股收益（稀释后） | $1.69 | $1.79 |
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ADIWM
| Q1 26 | $3.2B | $6.2B | ||
| Q4 25 | $3.1B | $6.3B | ||
| Q3 25 | $2.9B | $6.4B | ||
| Q2 25 | $2.6B | $6.4B | ||
| Q1 25 | $2.4B | $6.0B | ||
| Q4 24 | $2.4B | $5.9B | ||
| Q3 24 | $2.3B | $5.6B | ||
| Q2 24 | $2.2B | $5.4B |
净利润ADIWM
| Q1 26 | $830.8M | $723.0M | ||
| Q4 25 | $787.7M | $742.0M | ||
| Q3 25 | $518.5M | $603.0M | ||
| Q2 25 | $569.8M | $726.0M | ||
| Q1 25 | $391.3M | $637.0M | ||
| Q4 24 | $478.1M | $598.0M | ||
| Q3 24 | $392.2M | $760.0M | ||
| Q2 24 | $302.2M | $680.0M |
毛利率ADIWM
| Q1 26 | 64.7% | — | ||
| Q4 25 | 63.1% | 41.5% | ||
| Q3 25 | 62.1% | 40.5% | ||
| Q2 25 | 61.0% | 40.3% | ||
| Q1 25 | 59.0% | 39.4% | ||
| Q4 24 | 58.0% | 39.7% | ||
| Q3 24 | 56.7% | 39.4% | ||
| Q2 24 | 54.7% | 39.1% |
营业利润率ADIWM
| Q1 26 | 31.5% | 17.9% | ||
| Q4 25 | 30.7% | 18.3% | ||
| Q3 25 | 28.4% | 15.3% | ||
| Q2 25 | 25.7% | 17.9% | ||
| Q1 25 | 20.3% | 16.8% | ||
| Q4 24 | 23.3% | 15.6% | ||
| Q3 24 | 21.2% | 20.0% | ||
| Q2 24 | 17.9% | 18.7% |
净利率ADIWM
| Q1 26 | 26.3% | 11.6% | ||
| Q4 25 | 25.6% | 11.8% | ||
| Q3 25 | 18.0% | 9.4% | ||
| Q2 25 | 21.6% | 11.3% | ||
| Q1 25 | 16.1% | 10.6% | ||
| Q4 24 | 19.6% | 10.1% | ||
| Q3 24 | 17.0% | 13.5% | ||
| Q2 24 | 14.0% | 12.6% |
每股收益（稀释后）ADIWM
| Q1 26 | $1.69 | $1.79 | ||
| Q4 25 | $1.60 | $1.83 | ||
| Q3 25 | $1.04 | $1.49 | ||
| Q2 25 | $1.14 | $1.80 | ||
| Q1 25 | $0.78 | $1.58 | ||
| Q4 24 | $0.95 | $1.49 | ||
| Q3 24 | $0.79 | $1.88 | ||
| Q2 24 | $0.61 | $1.69 |
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 | $158.0M |
| 总债务越低越好 | — | $22.9B |
| 股东权益账面价值 | $33.8B | $10.0B |
| 总资产 | $48.0B | $45.7B |
| 负债/权益比越低杠杆越低 | — | 2.28× |
8季度趋势，按日历期对齐
现金及短期投资ADIWM
| Q1 26 | $2.9B | $158.0M | ||
| Q4 25 | $3.7B | $201.0M | ||
| Q3 25 | $2.3B | $175.0M | ||
| Q2 25 | $2.4B | $440.0M | ||
| Q1 25 | $2.3B | $216.0M | ||
| Q4 24 | $2.4B | $414.0M | ||
| Q3 24 | $2.1B | $614.0M | ||
| Q2 24 | $2.4B | $172.0M |
总债务ADIWM
| Q1 26 | — | $22.9B | ||
| Q4 25 | — | $22.2B | ||
| Q3 25 | — | $22.5B | ||
| Q2 25 | — | $23.1B | ||
| Q1 25 | — | $22.9B | ||
| Q4 24 | — | $22.5B | ||
| Q3 24 | — | $16.0B | ||
| Q2 24 | — | $16.5B |
股东权益ADIWM
| Q1 26 | $33.8B | $10.0B | ||
| Q4 25 | $33.8B | $10.0B | ||
| Q3 25 | $34.1B | $9.5B | ||
| Q2 25 | $35.0B | $9.2B | ||
| Q1 25 | $35.1B | $8.7B | ||
| Q4 24 | $35.2B | $8.3B | ||
| Q3 24 | $35.2B | $8.0B | ||
| Q2 24 | $35.2B | $7.5B |
总资产ADIWM
| Q1 26 | $48.0B | $45.7B | ||
| Q4 25 | $48.0B | $45.8B | ||
| Q3 25 | $48.2B | $45.6B | ||
| Q2 25 | $47.3B | $45.7B | ||
| Q1 25 | $48.0B | $44.5B | ||
| Q4 24 | $48.2B | $44.6B | ||
| Q3 24 | $48.6B | $34.7B | ||
| Q2 24 | $48.9B | $34.0B |
负债/权益比ADIWM
| Q1 26 | — | 2.28× | ||
| Q4 25 | — | 2.22× | ||
| Q3 25 | — | 2.36× | ||
| Q2 25 | — | 2.51× | ||
| Q1 25 | — | 2.65× | ||
| Q4 24 | — | 2.73× | ||
| Q3 24 | — | 2.00× | ||
| Q2 24 | — | 2.21× |
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 | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $981.0M |
| 自由现金流率自由现金流/营收 | 39.8% | 15.8% |
| 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× | 2.08× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $3.4B |
8季度趋势，按日历期对齐
经营现金流ADIWM
| Q1 26 | $1.4B | $1.5B | ||
| Q4 25 | $1.7B | $1.7B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $819.5M | $1.5B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $855.0M | $1.4B | ||
| Q2 24 | $807.9M | $1.2B |
自由现金流ADIWM
| Q1 26 | $1.3B | $981.0M | ||
| Q4 25 | $1.5B | $810.0M | ||
| Q3 25 | $1.1B | $816.0M | ||
| Q2 25 | $729.2M | $813.0M | ||
| Q1 25 | $977.8M | $377.0M | ||
| Q4 24 | $885.4M | $396.0M | ||
| Q3 24 | $701.1M | $577.0M | ||
| Q2 24 | $619.7M | $487.0M |
自由现金流率ADIWM
| Q1 26 | 39.8% | 15.8% | ||
| Q4 25 | 48.3% | 12.8% | ||
| Q3 25 | 37.7% | 12.7% | ||
| Q2 25 | 27.6% | 12.6% | ||
| Q1 25 | 40.4% | 6.3% | ||
| Q4 24 | 36.2% | 6.7% | ||
| Q3 24 | 30.3% | 10.3% | ||
| Q2 24 | 28.7% | 9.0% |
资本支出强度ADIWM
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 14.1% | ||
| Q3 25 | 2.7% | 12.0% | ||
| Q2 25 | 3.4% | 11.4% | ||
| Q1 25 | 6.1% | 13.8% | ||
| Q4 24 | 6.8% | 18.9% | ||
| Q3 24 | 6.7% | 13.9% | ||
| Q2 24 | 8.7% | 12.3% |
现金转化率ADIWM
| Q1 26 | 1.65× | 2.08× | ||
| Q4 25 | 2.16× | 2.29× | ||
| Q3 25 | 2.25× | 2.64× | ||
| Q2 25 | 1.44× | 2.13× | ||
| Q1 25 | 2.88× | 1.90× | ||
| Q4 24 | 2.20× | 2.53× | ||
| Q3 24 | 2.18× | 1.79× | ||
| Q2 24 | 2.67× | 1.70× |
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% |
WM
暂无分部数据
