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ADVANCED ENERGY INDUSTRIES INC（AEIS）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
ADVANCED ENERGY INDUSTRIES INC的季度营收约是RBC Bearings INC的1.1倍（$489.4M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs 10.7%，领先3.9%），ADVANCED ENERGY INDUSTRIES INC同比增速更快（17.8% vs 17.0%），RBC Bearings INC自由现金流更多（$99.1M vs $43.0M），过去两年ADVANCED ENERGY INDUSTRIES INC的营收复合增速更高（22.2% vs 5.6%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
AEIS vs RBC — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $489.4M | $461.6M |
| 净利润 | $52.3M | $67.4M |
| 毛利率 | 38.6% | 44.3% |
| 营业利润率 | 11.6% | 22.3% |
| 净利率 | 10.7% | 14.6% |
| 营收同比 | 17.8% | 17.0% |
| 净利润同比 | 7.4% | 16.4% |
| 每股收益（稀释后） | $1.32 | $2.13 |
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
| Q4 25 | $489.4M | $461.6M | ||
| Q3 25 | $463.3M | $455.3M | ||
| Q2 25 | $441.5M | $436.0M | ||
| Q1 25 | $404.6M | $437.7M | ||
| Q4 24 | $415.4M | $394.4M | ||
| Q3 24 | $374.2M | $397.9M | ||
| Q2 24 | $364.9M | $406.3M | ||
| Q1 24 | $327.5M | $413.7M |
| Q4 25 | $52.3M | $67.4M | ||
| Q3 25 | $46.2M | $60.0M | ||
| Q2 25 | $25.2M | $68.5M | ||
| Q1 25 | $24.7M | $72.7M | ||
| Q4 24 | $48.7M | $57.9M | ||
| Q3 24 | $-14.9M | $54.2M | ||
| Q2 24 | $15.0M | $61.4M | ||
| Q1 24 | $5.4M | — |
| Q4 25 | 38.6% | 44.3% | ||
| Q3 25 | 37.6% | 44.1% | ||
| Q2 25 | 37.0% | 44.8% | ||
| Q1 25 | 37.2% | 44.2% | ||
| Q4 24 | 37.2% | 44.3% | ||
| Q3 24 | 35.8% | 43.7% | ||
| Q2 24 | 35.0% | 45.3% | ||
| Q1 24 | 34.5% | 43.1% |
| Q4 25 | 11.6% | 22.3% | ||
| Q3 25 | 10.6% | 21.5% | ||
| Q2 25 | 7.2% | 23.2% | ||
| Q1 25 | 7.6% | 23.0% | ||
| Q4 24 | 8.2% | 21.7% | ||
| Q3 24 | -3.0% | 21.6% | ||
| Q2 24 | 3.6% | 24.0% | ||
| Q1 24 | 0.2% | 22.8% |
| Q4 25 | 10.7% | 14.6% | ||
| Q3 25 | 10.0% | 13.2% | ||
| Q2 25 | 5.7% | 15.7% | ||
| Q1 25 | 6.1% | 16.6% | ||
| Q4 24 | 11.7% | 14.7% | ||
| Q3 24 | -4.0% | 13.6% | ||
| Q2 24 | 4.1% | 15.1% | ||
| Q1 24 | 1.6% | — |
| Q4 25 | $1.32 | $2.13 | ||
| Q3 25 | $1.20 | $1.90 | ||
| Q2 25 | $0.67 | $2.17 | ||
| Q1 25 | $0.65 | $2.33 | ||
| Q4 24 | $1.29 | $1.82 | ||
| Q3 24 | $-0.40 | $1.65 | ||
| Q2 24 | $0.40 | $1.90 | ||
| Q1 24 | $0.14 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $567.5M | $990.2M |
| 股东权益账面价值 | $1.4B | $3.3B |
| 总资产 | $2.5B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.42× | 0.30× |
8季度趋势，按日历期对齐
| Q4 25 | $791.2M | $107.6M | ||
| Q3 25 | $758.6M | $91.2M | ||
| Q2 25 | $713.5M | $132.9M | ||
| Q1 25 | $723.0M | $36.8M | ||
| Q4 24 | $722.1M | — | ||
| Q3 24 | $657.3M | — | ||
| Q2 24 | $986.1M | $76.8M | ||
| Q1 24 | $1.0B | $63.5M |
| Q4 25 | $567.5M | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | $564.7M | — | ||
| Q3 24 | $564.0M | — | ||
| Q2 24 | $907.3M | — | ||
| Q1 24 | $911.5M | $1.2B |
| Q4 25 | $1.4B | $3.3B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.3B | $3.1B | ||
| Q1 25 | $1.2B | $3.0B | ||
| Q4 24 | $1.2B | $2.9B | ||
| Q3 24 | $1.2B | $2.9B | ||
| Q2 24 | $1.2B | $2.8B | ||
| Q1 24 | $1.1B | $2.8B |
| Q4 25 | $2.5B | $5.1B | ||
| Q3 25 | $2.4B | $5.1B | ||
| Q2 25 | $2.4B | $4.8B | ||
| Q1 25 | $2.3B | $4.7B | ||
| Q4 24 | $2.3B | $4.7B | ||
| Q3 24 | $2.2B | $4.7B | ||
| Q2 24 | $2.5B | $4.7B | ||
| Q1 24 | $2.5B | $4.7B |
| Q4 25 | 0.42× | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 0.80× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $43.0M | $99.1M |
| 自由现金流率自由现金流/营收 | 8.8% | 21.5% |
| 资本支出强度资本支出/营收 | 7.7% | 5.0% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $125.9M | — |
8季度趋势，按日历期对齐
| Q4 25 | $80.5M | $122.1M | ||
| Q3 25 | $78.7M | $88.4M | ||
| Q2 25 | $45.2M | $120.0M | ||
| Q1 25 | $28.9M | — | ||
| Q4 24 | $82.7M | $84.0M | ||
| Q3 24 | $34.1M | — | ||
| Q2 24 | $6.7M | $97.4M | ||
| Q1 24 | $7.3M | — |
| Q4 25 | $43.0M | $99.1M | ||
| Q3 25 | $50.8M | $71.7M | ||
| Q2 25 | $17.1M | $104.3M | ||
| Q1 25 | $15.0M | — | ||
| Q4 24 | $69.9M | $73.6M | ||
| Q3 24 | $21.4M | — | ||
| Q2 24 | $-8.1M | $88.4M | ||
| Q1 24 | $-9.3M | — |
| Q4 25 | 8.8% | 21.5% | ||
| Q3 25 | 11.0% | 15.7% | ||
| Q2 25 | 3.9% | 23.9% | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 16.8% | 18.7% | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | -2.2% | 21.8% | ||
| Q1 24 | -2.9% | — |
| Q4 25 | 7.7% | 5.0% | ||
| Q3 25 | 6.0% | 3.7% | ||
| Q2 25 | 6.4% | 3.6% | ||
| Q1 25 | 3.4% | 3.2% | ||
| Q4 24 | 3.1% | 2.6% | ||
| Q3 24 | 3.4% | 4.1% | ||
| Q2 24 | 4.0% | 2.2% | ||
| Q1 24 | 5.1% | — |
| Q4 25 | 1.54× | 1.81× | ||
| Q3 25 | 1.70× | 1.47× | ||
| Q2 25 | 1.79× | 1.75× | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.70× | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.45× | 1.59× | ||
| Q1 24 | 1.35× | — |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
