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ADVANCED ENERGY INDUSTRIES INC（AEIS）与应用材料（AMAT）财务数据对比。点击上方公司名可切换其他公司
应用材料的季度营收约是ADVANCED ENERGY INDUSTRIES INC的13.9倍（$6.8B vs $489.4M）。应用材料净利率更高（27.9% vs 10.7%，领先17.2%）。ADVANCED ENERGY INDUSTRIES INC同比增速更快（17.8% vs -3.5%）。应用材料自由现金流更多（$2.0B vs $43.0M）。过去两年ADVANCED ENERGY INDUSTRIES INC的营收复合增速更高（22.2% vs 0.7%）
Advanced Energy Industries是总部位于美国科罗拉多州丹佛市的跨国科技企业，专注研发精密电源转换、测量及控制技术，相关技术广泛应用于半导体、平板显示、数据存储、通信网络设备、工业涂层、医疗设备、太阳能电池、建筑玻璃等领域的生产制造环节。
应用材料是总部位于美国加利福尼亚州圣克拉拉的企业，为全球第二大半导体设备供应商，主营半导体芯片、消费电子平板显示、太阳能产品制造所需的设备、服务及软件，同时供应柔性电子、封装等领域的涂层生产设备。
AEIS vs AMAT — 直观对比
营收规模更大
AMAT
是对方的13.9倍
$489.4M
营收增速更快
AEIS
高出21.3%
-3.5%
净利率更高
AMAT
高出17.2%
10.7%
自由现金流更多
AMAT
多$2.0B
$43.0M
两年增速更快
AEIS
近两年复合增速
0.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $6.8B |
| 净利润 | $52.3M | $1.9B |
| 毛利率 | 38.6% | 48.0% |
| 营业利润率 | 11.6% | 25.2% |
| 净利率 | 10.7% | 27.9% |
| 营收同比 | 17.8% | -3.5% |
| 净利润同比 | 7.4% | 9.6% |
| 每股收益（稀释后） | $1.32 | $2.36 |
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AEISAMAT
| Q4 25 | $489.4M | $6.8B | ||
| Q3 25 | $463.3M | $7.3B | ||
| Q2 25 | $441.5M | $7.1B | ||
| Q1 25 | $404.6M | $7.2B | ||
| Q4 24 | $415.4M | $7.0B | ||
| Q3 24 | $374.2M | $6.8B | ||
| Q2 24 | $364.9M | $6.6B | ||
| Q1 24 | $327.5M | $6.7B |
净利润AEISAMAT
| Q4 25 | $52.3M | $1.9B | ||
| Q3 25 | $46.2M | $1.8B | ||
| Q2 25 | $25.2M | $2.1B | ||
| Q1 25 | $24.7M | $1.2B | ||
| Q4 24 | $48.7M | $1.7B | ||
| Q3 24 | $-14.9M | $1.7B | ||
| Q2 24 | $15.0M | $1.7B | ||
| Q1 24 | $5.4M | $2.0B |
毛利率AEISAMAT
| Q4 25 | 38.6% | 48.0% | ||
| Q3 25 | 37.6% | 48.8% | ||
| Q2 25 | 37.0% | 49.1% | ||
| Q1 25 | 37.2% | 48.8% | ||
| Q4 24 | 37.2% | 47.3% | ||
| Q3 24 | 35.8% | 47.3% | ||
| Q2 24 | 35.0% | 47.4% | ||
| Q1 24 | 34.5% | 47.8% |
营业利润率AEISAMAT
| Q4 25 | 11.6% | 25.2% | ||
| Q3 25 | 10.6% | 30.6% | ||
| Q2 25 | 7.2% | 30.5% | ||
| Q1 25 | 7.6% | 30.4% | ||
| Q4 24 | 8.2% | 29.0% | ||
| Q3 24 | -3.0% | 28.7% | ||
| Q2 24 | 3.6% | 28.8% | ||
| Q1 24 | 0.2% | 29.3% |
净利率AEISAMAT
| Q4 25 | 10.7% | 27.9% | ||
| Q3 25 | 10.0% | 24.4% | ||
| Q2 25 | 5.7% | 30.1% | ||
| Q1 25 | 6.1% | 16.5% | ||
| Q4 24 | 11.7% | 24.6% | ||
| Q3 24 | -4.0% | 25.2% | ||
| Q2 24 | 4.1% | 25.9% | ||
| Q1 24 | 1.6% | 30.1% |
每股收益（稀释后）AEISAMAT
| Q4 25 | $1.32 | $2.36 | ||
| Q3 25 | $1.20 | $2.22 | ||
| Q2 25 | $0.67 | $2.63 | ||
| Q1 25 | $0.65 | $1.45 | ||
| Q4 24 | $1.29 | $2.09 | ||
| Q3 24 | $-0.40 | $2.05 | ||
| Q2 24 | $0.40 | $2.06 | ||
| Q1 24 | $0.14 | $2.41 |
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 | $791.2M | $8.6B |
| 总债务越低越好 | $567.5M | — |
| 股东权益账面价值 | $1.4B | $20.4B |
| 总资产 | $2.5B | $36.3B |
| 负债/权益比越低杠杆越低 | 0.42× | — |
8季度趋势，按日历期对齐
现金及短期投资AEISAMAT
| Q4 25 | $791.2M | $8.6B | ||
| Q3 25 | $758.6M | $7.0B | ||
| Q2 25 | $713.5M | $6.7B | ||
| Q1 25 | $723.0M | $8.2B | ||
| Q4 24 | $722.1M | $9.5B | ||
| Q3 24 | $657.3M | $9.1B | ||
| Q2 24 | $986.1M | $7.6B | ||
| Q1 24 | $1.0B | $7.5B |
总债务AEISAMAT
| Q4 25 | $567.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $564.7M | — | ||
| Q3 24 | $564.0M | — | ||
| Q2 24 | $907.3M | — | ||
| Q1 24 | $911.5M | — |
股东权益AEISAMAT
| Q4 25 | $1.4B | $20.4B | ||
| Q3 25 | $1.3B | $19.5B | ||
| Q2 25 | $1.3B | $19.0B | ||
| Q1 25 | $1.2B | $18.6B | ||
| Q4 24 | $1.2B | $19.0B | ||
| Q3 24 | $1.2B | $18.8B | ||
| Q2 24 | $1.2B | $18.2B | ||
| Q1 24 | $1.1B | $17.4B |
总资产AEISAMAT
| Q4 25 | $2.5B | $36.3B | ||
| Q3 25 | $2.4B | $34.2B | ||
| Q2 25 | $2.4B | $33.6B | ||
| Q1 25 | $2.3B | $33.3B | ||
| Q4 24 | $2.3B | $34.4B | ||
| Q3 24 | $2.2B | $33.6B | ||
| Q2 24 | $2.5B | $31.9B | ||
| Q1 24 | $2.5B | $31.5B |
负债/权益比AEISAMAT
| Q4 25 | 0.42× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 0.80× | — |
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 | $80.5M | $2.8B |
| 自由现金流经营现金流 - 资本支出 | $43.0M | $2.0B |
| 自由现金流率自由现金流/营收 | 8.8% | 30.0% |
| 资本支出强度资本支出/营收 | 7.7% | 11.5% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.49× |
| 过去12个月自由现金流最近4个季度 | $125.9M | $5.7B |
8季度趋势，按日历期对齐
经营现金流AEISAMAT
| Q4 25 | $80.5M | $2.8B | ||
| Q3 25 | $78.7M | $2.6B | ||
| Q2 25 | $45.2M | $1.6B | ||
| Q1 25 | $28.9M | $925.0M | ||
| Q4 24 | $82.7M | $2.6B | ||
| Q3 24 | $34.1M | $2.4B | ||
| Q2 24 | $6.7M | $1.4B | ||
| Q1 24 | $7.3M | $2.3B |
自由现金流AEISAMAT
| Q4 25 | $43.0M | $2.0B | ||
| Q3 25 | $50.8M | $2.0B | ||
| Q2 25 | $17.1M | $1.1B | ||
| Q1 25 | $15.0M | $544.0M | ||
| Q4 24 | $69.9M | $2.2B | ||
| Q3 24 | $21.4M | $2.1B | ||
| Q2 24 | $-8.1M | $1.1B | ||
| Q1 24 | $-9.3M | $2.1B |
自由现金流率AEISAMAT
| Q4 25 | 8.8% | 30.0% | ||
| Q3 25 | 11.0% | 28.1% | ||
| Q2 25 | 3.9% | 14.9% | ||
| Q1 25 | 3.7% | 7.6% | ||
| Q4 24 | 16.8% | 30.8% | ||
| Q3 24 | 5.7% | 30.8% | ||
| Q2 24 | -2.2% | 17.1% | ||
| Q1 24 | -2.9% | 31.3% |
资本支出强度AEISAMAT
| Q4 25 | 7.7% | 11.5% | ||
| Q3 25 | 6.0% | 8.0% | ||
| Q2 25 | 6.4% | 7.2% | ||
| Q1 25 | 3.4% | 5.3% | ||
| Q4 24 | 3.1% | 5.8% | ||
| Q3 24 | 3.4% | 4.4% | ||
| Q2 24 | 4.0% | 3.9% | ||
| Q1 24 | 5.1% | 3.4% |
现金转化率AEISAMAT
| Q4 25 | 1.54× | 1.49× | ||
| Q3 25 | 1.70× | 1.48× | ||
| Q2 25 | 1.79× | 0.74× | ||
| Q1 25 | 1.17× | 0.78× | ||
| Q4 24 | 1.70× | 1.49× | ||
| Q3 24 | — | 1.40× | ||
| Q2 24 | 0.45× | 0.81× | ||
| Q1 24 | 1.35× | 1.15× |
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
AEIS
| Semiconductor Equipment | $211.6M | 43% |
| Data Center Computing | $177.9M | 36% |
| Industrial And Medical | $78.2M | 16% |
| Telecom And Networking | $21.7M | 4% |
AMAT
| Semiconductor Systems Segment | $4.8B | 70% |
| Applied Global Services Segment | $1.6B | 24% |
| Other | $415.0M | 6% |
