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亚德诺半导体（ADI）与捷迈邦美（ZBH）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捷迈邦美的1.5倍（$3.2B vs $2.1B），亚德诺半导体净利率更高（26.3% vs 11.4%，领先14.9%），亚德诺半导体同比增速更快（30.4% vs 9.3%），亚德诺半导体自由现金流更多（$1.3B vs $245.9M），过去两年亚德诺半导体的营收复合增速更高（21.0% vs 3.7%）
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。
捷迈邦美是一家美国上市的医疗设备企业，1927年成立，最初以生产铝制夹板为核心业务，总部设于印第安纳州华沙市，是当地医疗设备产业集群的核心成员，在全球骨科医疗器械领域拥有较高知名度。
ADI vs ZBH — 直观对比
营收规模更大
ADI
是对方的1.5倍
$2.1B
营收增速更快
ADI
高出21.1%
9.3%
净利率更高
ADI
高出14.9%
11.4%
自由现金流更多
ADI
多$1.0B
$245.9M
两年增速更快
ADI
近两年复合增速
3.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.1B |
| 净利润 | $830.8M | $238.3M |
| 毛利率 | 64.7% | 64.6% |
| 营业利润率 | 31.5% | 17.9% |
| 净利率 | 26.3% | 11.4% |
| 营收同比 | 30.4% | 9.3% |
| 净利润同比 | 112.3% | 30.5% |
| 每股收益（稀释后） | $1.69 | $1.22 |
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ADIZBH
| Q1 26 | $3.2B | $2.1B | ||
| Q4 25 | $3.1B | $2.2B | ||
| Q3 25 | $2.9B | $2.0B | ||
| Q2 25 | $2.6B | $2.1B | ||
| Q1 25 | $2.4B | $1.9B | ||
| Q4 24 | $2.4B | $2.0B | ||
| Q3 24 | $2.3B | $1.8B | ||
| Q2 24 | $2.2B | $1.9B |
净利润ADIZBH
| Q1 26 | $830.8M | $238.3M | ||
| Q4 25 | $787.7M | $139.4M | ||
| Q3 25 | $518.5M | $230.9M | ||
| Q2 25 | $569.8M | $152.8M | ||
| Q1 25 | $391.3M | $182.0M | ||
| Q4 24 | $478.1M | $239.5M | ||
| Q3 24 | $392.2M | $249.1M | ||
| Q2 24 | $302.2M | $242.8M |
毛利率ADIZBH
| Q1 26 | 64.7% | 64.6% | ||
| Q4 25 | 63.1% | 64.7% | ||
| Q3 25 | 62.1% | 72.1% | ||
| Q2 25 | 61.0% | 71.5% | ||
| Q1 25 | 59.0% | 71.2% | ||
| Q4 24 | 58.0% | 71.0% | ||
| Q3 24 | 56.7% | 70.5% | ||
| Q2 24 | 54.7% | 71.5% |
营业利润率ADIZBH
| Q1 26 | 31.5% | 17.9% | ||
| Q4 25 | 30.7% | 6.9% | ||
| Q3 25 | 28.4% | 17.6% | ||
| Q2 25 | 25.7% | 14.4% | ||
| Q1 25 | 20.3% | 15.3% | ||
| Q4 24 | 23.3% | 19.2% | ||
| Q3 24 | 21.2% | 15.3% | ||
| Q2 24 | 17.9% | 18.1% |
净利率ADIZBH
| Q1 26 | 26.3% | 11.4% | ||
| Q4 25 | 25.6% | 6.2% | ||
| Q3 25 | 18.0% | 11.5% | ||
| Q2 25 | 21.6% | 7.4% | ||
| Q1 25 | 16.1% | 9.5% | ||
| Q4 24 | 19.6% | 11.8% | ||
| Q3 24 | 17.0% | 13.7% | ||
| Q2 24 | 14.0% | 12.5% |
每股收益（稀释后）ADIZBH
| Q1 26 | $1.69 | $1.22 | ||
| Q4 25 | $1.60 | $0.71 | ||
| Q3 25 | $1.04 | $1.16 | ||
| Q2 25 | $1.14 | $0.77 | ||
| Q1 25 | $0.78 | $0.91 | ||
| Q4 24 | $0.95 | $1.18 | ||
| Q3 24 | $0.79 | $1.23 | ||
| Q2 24 | $0.61 | $1.18 |
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 | $424.2M |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $33.8B | $12.7B |
| 总资产 | $48.0B | $22.7B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资ADIZBH
| Q1 26 | $2.9B | $424.2M | ||
| Q4 25 | $3.7B | $591.9M | ||
| Q3 25 | $2.3B | $1.3B | ||
| Q2 25 | $2.4B | $556.9M | ||
| Q1 25 | $2.3B | $1.4B | ||
| Q4 24 | $2.4B | $525.5M | ||
| Q3 24 | $2.1B | $569.0M | ||
| Q2 24 | $2.4B | $420.1M |
总债务ADIZBH
| Q1 26 | — | $7.5B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ADIZBH
| Q1 26 | $33.8B | $12.7B | ||
| Q4 25 | $33.8B | $12.7B | ||
| Q3 25 | $34.1B | $12.8B | ||
| Q2 25 | $35.0B | $12.5B | ||
| Q1 25 | $35.1B | $12.4B | ||
| Q4 24 | $35.2B | $12.5B | ||
| Q3 24 | $35.2B | $12.4B | ||
| Q2 24 | $35.2B | $12.7B |
总资产ADIZBH
| Q1 26 | $48.0B | $22.7B | ||
| Q4 25 | $48.0B | $23.1B | ||
| Q3 25 | $48.2B | $23.5B | ||
| Q2 25 | $47.3B | $22.9B | ||
| Q1 25 | $48.0B | $22.2B | ||
| Q4 24 | $48.2B | $21.4B | ||
| Q3 24 | $48.6B | $21.7B | ||
| Q2 24 | $48.9B | $21.5B |
负债/权益比ADIZBH
| Q1 26 | — | 0.59× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $359.4M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $245.9M |
| 自由现金流率自由现金流/营收 | 39.8% | 11.8% |
| 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× | 1.51× |
| 过去12个月自由现金流最近4个季度 | $4.6B | $1.4B |
8季度趋势，按日历期对齐
经营现金流ADIZBH
| Q1 26 | $1.4B | $359.4M | ||
| Q4 25 | $1.7B | $517.4M | ||
| Q3 25 | $1.2B | $418.7M | ||
| Q2 25 | $819.5M | $378.2M | ||
| Q1 25 | $1.1B | $382.8M | ||
| Q4 24 | $1.1B | $506.3M | ||
| Q3 24 | $855.0M | $395.7M | ||
| Q2 24 | $807.9M | $369.4M |
自由现金流ADIZBH
| Q1 26 | $1.3B | $245.9M | ||
| Q4 25 | $1.5B | $442.6M | ||
| Q3 25 | $1.1B | $363.7M | ||
| Q2 25 | $729.2M | $328.1M | ||
| Q1 25 | $977.8M | $338.2M | ||
| Q4 24 | $885.4M | $454.8M | ||
| Q3 24 | $701.1M | $351.2M | ||
| Q2 24 | $619.7M | $316.7M |
自由现金流率ADIZBH
| Q1 26 | 39.8% | 11.8% | ||
| Q4 25 | 48.3% | 19.7% | ||
| Q3 25 | 37.7% | 18.2% | ||
| Q2 25 | 27.6% | 15.8% | ||
| Q1 25 | 40.4% | 17.7% | ||
| Q4 24 | 36.2% | 22.5% | ||
| Q3 24 | 30.3% | 19.3% | ||
| Q2 24 | 28.7% | 16.3% |
资本支出强度ADIZBH
| Q1 26 | 3.5% | — | ||
| Q4 25 | 7.0% | 3.3% | ||
| Q3 25 | 2.7% | 2.7% | ||
| Q2 25 | 3.4% | 2.4% | ||
| Q1 25 | 6.1% | 2.3% | ||
| Q4 24 | 6.8% | 2.5% | ||
| Q3 24 | 6.7% | 2.4% | ||
| Q2 24 | 8.7% | 2.7% |
现金转化率ADIZBH
| Q1 26 | 1.65× | 1.51× | ||
| Q4 25 | 2.16× | 3.71× | ||
| Q3 25 | 2.25× | 1.81× | ||
| Q2 25 | 1.44× | 2.48× | ||
| Q1 25 | 2.88× | 2.10× | ||
| Q4 24 | 2.20× | 2.11× | ||
| Q3 24 | 2.18× | 1.59× | ||
| Q2 24 | 2.67× | 1.52× |
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% |
ZBH
暂无分部数据
