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Affirm Holdings, Inc.（AFRM）与AMERICAN WOODMARK CORP（AMWD）财务数据对比。点击上方公司名可切换其他公司
Affirm Holdings, Inc.的季度营收约是AMERICAN WOODMARK CORP的1.0倍（$401.4M vs $394.6M），Affirm Holdings, Inc.净利率更高（32.3% vs 1.5%，领先30.7%），Affirm Holdings, Inc.同比增速更快（32.5% vs -12.8%），Affirm Holdings, Inc.自由现金流更多（$118.0M vs $638.0K），过去两年Affirm Holdings, Inc.的营收复合增速更高（43.5% vs -3.3%）
Affirm Holdings, Inc.是美国知名金融科技企业、领先的先买后付（BNPL）服务商，由PayPal联合创始人马克斯·列夫琴于2012年创立。截至2025年，平台拥有近2600万用户，年支付处理规模达370亿美元，是美国规模最大的本土BNPL金融机构。
美国木标公司是一家厨卫橱柜制造商，总部位于弗吉尼亚州温彻斯特。公司在美国多地设有多家生产基地与服务中心，其中生产基地分布在亚利桑那州、佐治亚州、印第安纳州、肯塔基州、马里兰州、田纳西州、弗吉尼亚州以及西弗吉尼亚州，服务网点覆盖全美各地。
AFRM vs AMWD — 直观对比
营收规模更大
AFRM
是对方的1.0倍
$394.6M
营收增速更快
AFRM
高出45.2%
-12.8%
净利率更高
AFRM
高出30.7%
1.5%
自由现金流更多
AFRM
多$117.4M
$638.0K
两年增速更快
AFRM
近两年复合增速
-3.3%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $401.4M | $394.6M |
| 净利润 | $129.6M | $6.1M |
| 毛利率 | — | 15.2% |
| 营业利润率 | 29.3% | 3.1% |
| 净利率 | 32.3% | 1.5% |
| 营收同比 | 32.5% | -12.8% |
| 净利润同比 | 61.3% | -78.0% |
| 每股收益（稀释后） | $0.37 | $0.42 |
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AFRMAMWD
| Q4 25 | $401.4M | $394.6M | ||
| Q3 25 | $320.5M | $403.0M | ||
| Q2 25 | $306.6M | $400.4M | ||
| Q1 25 | $272.5M | $397.6M | ||
| Q4 24 | $303.0M | $452.5M | ||
| Q3 24 | $231.8M | $459.1M | ||
| Q2 24 | $224.0M | $453.3M | ||
| Q1 24 | $195.0M | $422.1M |
净利润AFRMAMWD
| Q4 25 | $129.6M | $6.1M | ||
| Q3 25 | $80.7M | $14.6M | ||
| Q2 25 | $69.2M | $25.6M | ||
| Q1 25 | $2.8M | $16.6M | ||
| Q4 24 | $80.4M | $27.7M | ||
| Q3 24 | $-100.2M | $29.6M | ||
| Q2 24 | $-45.1M | $26.8M | ||
| Q1 24 | $-133.9M | $21.2M |
毛利率AFRMAMWD
| Q4 25 | — | 15.2% | ||
| Q3 25 | — | 16.7% | ||
| Q2 25 | — | 17.0% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 18.9% | ||
| Q3 24 | — | 20.2% | ||
| Q2 24 | — | 18.6% | ||
| Q1 24 | — | 19.2% |
营业利润率AFRMAMWD
| Q4 25 | 29.3% | 3.1% | ||
| Q3 25 | 19.9% | 5.0% | ||
| Q2 25 | 18.9% | 7.4% | ||
| Q1 25 | -3.1% | 5.3% | ||
| Q4 24 | -1.4% | 9.4% | ||
| Q3 24 | -57.2% | 10.2% | ||
| Q2 24 | -32.8% | 8.4% | ||
| Q1 24 | -82.5% | 6.6% |
净利率AFRMAMWD
| Q4 25 | 32.3% | 1.5% | ||
| Q3 25 | 25.2% | 3.6% | ||
| Q2 25 | 22.6% | 6.4% | ||
| Q1 25 | 1.0% | 4.2% | ||
| Q4 24 | 26.5% | 6.1% | ||
| Q3 24 | -43.2% | 6.5% | ||
| Q2 24 | -20.2% | 5.9% | ||
| Q1 24 | -68.7% | 5.0% |
每股收益（稀释后）AFRMAMWD
| Q4 25 | $0.37 | $0.42 | ||
| Q3 25 | $0.23 | $1.00 | ||
| Q2 25 | $0.22 | $1.73 | ||
| Q1 25 | $0.01 | $1.09 | ||
| Q4 24 | $0.23 | $1.79 | ||
| Q3 24 | $-0.31 | $1.89 | ||
| Q2 24 | $-0.13 | $1.70 | ||
| Q1 24 | $-0.43 | $1.32 |
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 | $1.5B | $52.1M |
| 总债务越低越好 | $9.0B | $363.3M |
| 股东权益账面价值 | $3.5B | $928.2M |
| 总资产 | $13.0B | $1.6B |
| 负债/权益比越低杠杆越低 | 2.54× | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资AFRMAMWD
| Q4 25 | $1.5B | $52.1M | ||
| Q3 25 | $1.4B | $54.9M | ||
| Q2 25 | $1.4B | $48.2M | ||
| Q1 25 | $1.4B | $43.5M | ||
| Q4 24 | $1.2B | $56.7M | ||
| Q3 24 | $1.0B | $89.3M | ||
| Q2 24 | $1.0B | $87.4M | ||
| Q1 24 | $1.3B | $97.8M |
总债务AFRMAMWD
| Q4 25 | $9.0B | $363.3M | ||
| Q3 25 | $7.7B | $364.8M | ||
| Q2 25 | $7.6B | $365.8M | ||
| Q1 25 | $7.1B | $367.3M | ||
| Q4 24 | $7.3B | $368.0M | ||
| Q3 24 | — | $372.2M | ||
| Q2 24 | $1.8B | $371.8M | ||
| Q1 24 | — | $371.3M |
股东权益AFRMAMWD
| Q4 25 | $3.5B | $928.2M | ||
| Q3 25 | $3.3B | $920.3M | ||
| Q2 25 | $3.1B | $916.0M | ||
| Q1 25 | $2.9B | $919.6M | ||
| Q4 24 | $2.8B | $915.1M | ||
| Q3 24 | $2.8B | $913.8M | ||
| Q2 24 | $2.7B | $910.4M | ||
| Q1 24 | $2.6B | $896.9M |
总资产AFRMAMWD
| Q4 25 | $13.0B | $1.6B | ||
| Q3 25 | $11.5B | $1.6B | ||
| Q2 25 | $11.2B | $1.6B | ||
| Q1 25 | $10.4B | $1.6B | ||
| Q4 24 | $10.5B | $1.6B | ||
| Q3 24 | $10.1B | $1.6B | ||
| Q2 24 | $9.5B | $1.6B | ||
| Q1 24 | $9.2B | $1.6B |
负债/权益比AFRMAMWD
| Q4 25 | 2.54× | 0.39× | ||
| Q3 25 | 2.35× | 0.40× | ||
| Q2 25 | 2.48× | 0.40× | ||
| Q1 25 | 2.49× | 0.40× | ||
| Q4 24 | 2.62× | 0.40× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | 0.67× | 0.41× | ||
| Q1 24 | — | 0.41× |
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 | $173.7M | $11.2M |
| 自由现金流经营现金流 - 资本支出 | $118.0M | $638.0K |
| 自由现金流率自由现金流/营收 | 29.4% | 0.2% |
| 资本支出强度资本支出/营收 | 13.9% | 2.7% |
| 现金转化率经营现金流/净利润 | 1.34× | 1.83× |
| 过去12个月自由现金流最近4个季度 | $619.1M | $64.0M |
8季度趋势，按日历期对齐
经营现金流AFRMAMWD
| Q4 25 | $173.7M | $11.2M | ||
| Q3 25 | $374.6M | $33.1M | ||
| Q2 25 | $74.6M | $44.8M | ||
| Q1 25 | $210.4M | $11.0M | ||
| Q4 24 | $312.0M | $11.9M | ||
| Q3 24 | $196.9M | $40.8M | ||
| Q2 24 | $68.8M | $43.3M | ||
| Q1 24 | $208.2M | $43.7M |
自由现金流AFRMAMWD
| Q4 25 | $118.0M | $638.0K | ||
| Q3 25 | $320.2M | $25.3M | ||
| Q2 25 | $23.5M | $35.8M | ||
| Q1 25 | $157.4M | $2.3M | ||
| Q4 24 | $268.1M | $1.1M | ||
| Q3 24 | $152.7M | $29.5M | ||
| Q2 24 | $30.5M | $7.2M | ||
| Q1 24 | $161.7M | $22.1M |
自由现金流率AFRMAMWD
| Q4 25 | 29.4% | 0.2% | ||
| Q3 25 | 99.9% | 6.3% | ||
| Q2 25 | 7.7% | 8.9% | ||
| Q1 25 | 57.7% | 0.6% | ||
| Q4 24 | 88.5% | 0.2% | ||
| Q3 24 | 65.9% | 6.4% | ||
| Q2 24 | 13.6% | 1.6% | ||
| Q1 24 | 82.9% | 5.2% |
资本支出强度AFRMAMWD
| Q4 25 | 13.9% | 2.7% | ||
| Q3 25 | 17.0% | 1.9% | ||
| Q2 25 | 16.7% | 2.2% | ||
| Q1 25 | 19.5% | 2.2% | ||
| Q4 24 | 14.5% | 2.4% | ||
| Q3 24 | 19.0% | 2.5% | ||
| Q2 24 | 17.1% | 8.0% | ||
| Q1 24 | 23.8% | 5.1% |
现金转化率AFRMAMWD
| Q4 25 | 1.34× | 1.83× | ||
| Q3 25 | 4.64× | 2.27× | ||
| Q2 25 | 1.08× | 1.75× | ||
| Q1 25 | 75.03× | 0.66× | ||
| Q4 24 | 3.88× | 0.43× | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | — | 1.62× | ||
| Q1 24 | — | 2.06× |
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
AFRM
| Merchant Network | $328.4M | 82% |
| Virtual Card Network | $73.0M | 18% |
| Commercial Agreement Amazon | $1.9M | 0% |
AMWD
| Home Center Retailers | $166.7M | 42% |
| Builders | $164.7M | 42% |
| Independent Dealersand Distributors | $63.2M | 16% |
