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爱齐科技（ALGN）与FactSet（FDS）财务数据对比。点击上方公司名可切换其他公司
爱齐科技的季度营收约是FactSet的1.7倍（$1.0B vs $607.6M），FactSet净利率更高（25.1% vs 13.0%，领先12.2%），FactSet同比增速更快（6.9% vs 5.3%），爱齐科技自由现金流更多（$187.3M vs $90.4M），过去两年FactSet的营收复合增速更高（5.5% vs 2.5%）
爱齐科技是一家全球知名医疗设备企业，主营设计、生产及销售隐适美透明矫治器、iTero口内扫描仪及配套服务，客户覆盖正畸医师、全科牙医，面向修复、美容牙科领域，业务分为透明矫治器、扫描仪及服务两大板块，可满足青少年等不同群体的正畸需求
FactSet是总部位于美国康涅狄格州诺沃克的金融数据与软件企业，为客户提供一体化数据及软件解决方案。2024财年，公司年度订阅价值与专业服务营收合计22亿美元，当前总市值约170亿美元。
ALGN vs FDS — 直观对比
营收规模更大
ALGN
是对方的1.7倍
$607.6M
营收增速更快
FDS
高出1.6%
5.3%
净利率更高
FDS
高出12.2%
13.0%
自由现金流更多
ALGN
多$96.8M
$90.4M
两年增速更快
FDS
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $607.6M |
| 净利润 | $135.8M | $152.6M |
| 毛利率 | 65.3% | 52.6% |
| 营业利润率 | 14.8% | 31.6% |
| 净利率 | 13.0% | 25.1% |
| 营收同比 | 5.3% | 6.9% |
| 净利润同比 | 30.8% | 1.7% |
| 每股收益（稀释后） | $1.88 | $4.06 |
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ALGNFDS
| Q4 25 | $1.0B | $607.6M | ||
| Q3 25 | $995.7M | $596.9M | ||
| Q2 25 | $1.0B | $585.5M | ||
| Q1 25 | $979.3M | $570.7M | ||
| Q4 24 | $995.2M | $568.7M | ||
| Q3 24 | $977.9M | $562.2M | ||
| Q2 24 | $1.0B | $552.7M | ||
| Q1 24 | $997.4M | $545.9M |
净利润ALGNFDS
| Q4 25 | $135.8M | $152.6M | ||
| Q3 25 | $56.8M | $153.6M | ||
| Q2 25 | $124.6M | $148.5M | ||
| Q1 25 | $93.2M | $144.9M | ||
| Q4 24 | $103.8M | $150.0M | ||
| Q3 24 | $116.0M | $89.5M | ||
| Q2 24 | $96.6M | $158.1M | ||
| Q1 24 | $105.0M | $140.9M |
毛利率ALGNFDS
| Q4 25 | 65.3% | 52.6% | ||
| Q3 25 | 64.2% | 51.6% | ||
| Q2 25 | 69.9% | 52.1% | ||
| Q1 25 | 69.5% | 52.8% | ||
| Q4 24 | 70.0% | 54.5% | ||
| Q3 24 | 69.7% | 54.1% | ||
| Q2 24 | 70.3% | 55.3% | ||
| Q1 24 | 70.0% | 53.3% |
营业利润率ALGNFDS
| Q4 25 | 14.8% | 31.6% | ||
| Q3 25 | 9.7% | 29.7% | ||
| Q2 25 | 16.1% | 33.2% | ||
| Q1 25 | 13.4% | 32.5% | ||
| Q4 24 | 14.5% | 33.6% | ||
| Q3 24 | 16.6% | 22.7% | ||
| Q2 24 | 14.3% | 36.6% | ||
| Q1 24 | 15.5% | 33.3% |
净利率ALGNFDS
| Q4 25 | 13.0% | 25.1% | ||
| Q3 25 | 5.7% | 25.7% | ||
| Q2 25 | 12.3% | 25.4% | ||
| Q1 25 | 9.5% | 25.4% | ||
| Q4 24 | 10.4% | 26.4% | ||
| Q3 24 | 11.9% | 15.9% | ||
| Q2 24 | 9.4% | 28.6% | ||
| Q1 24 | 10.5% | 25.8% |
每股收益（稀释后）ALGNFDS
| Q4 25 | $1.88 | $4.06 | ||
| Q3 25 | $0.78 | $4.03 | ||
| Q2 25 | $1.72 | $3.87 | ||
| Q1 25 | $1.27 | $3.76 | ||
| Q4 24 | $1.40 | $3.89 | ||
| Q3 24 | $1.55 | $2.33 | ||
| Q2 24 | $1.28 | $4.09 | ||
| Q1 24 | $1.39 | $3.65 |
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 | $1.1B | $292.7M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $4.0B | $2.2B |
| 总资产 | $6.2B | $4.2B |
| 负债/权益比越低杠杆越低 | — | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资ALGNFDS
| Q4 25 | $1.1B | $292.7M | ||
| Q3 25 | $1.0B | $355.1M | ||
| Q2 25 | $901.2M | $364.0M | ||
| Q1 25 | $873.0M | $287.0M | ||
| Q4 24 | $1.0B | $358.8M | ||
| Q3 24 | $1.0B | $492.6M | ||
| Q2 24 | $761.4M | $522.0M | ||
| Q1 24 | $865.8M | $450.2M |
总债务ALGNFDS
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.5B |
股东权益ALGNFDS
| Q4 25 | $4.0B | $2.2B | ||
| Q3 25 | $4.0B | $2.2B | ||
| Q2 25 | $3.9B | $2.2B | ||
| Q1 25 | $3.8B | $2.1B | ||
| Q4 24 | $3.9B | $2.0B | ||
| Q3 24 | $3.9B | $1.9B | ||
| Q2 24 | $3.8B | $1.9B | ||
| Q1 24 | $3.8B | $1.8B |
总资产ALGNFDS
| Q4 25 | $6.2B | $4.2B | ||
| Q3 25 | $6.2B | $4.3B | ||
| Q2 25 | $6.2B | $4.3B | ||
| Q1 25 | $6.1B | $4.2B | ||
| Q4 24 | $6.2B | $4.0B | ||
| Q3 24 | $6.4B | $4.1B | ||
| Q2 24 | $6.2B | $4.0B | ||
| Q1 24 | $6.2B | $4.0B |
负债/权益比ALGNFDS
| Q4 25 | — | 0.63× | ||
| Q3 25 | — | 0.63× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.71× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.83× |
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 | $223.2M | $121.3M |
| 自由现金流经营现金流 - 资本支出 | $187.3M | $90.4M |
| 自由现金流率自由现金流/营收 | 17.9% | 14.9% |
| 资本支出强度资本支出/营收 | 3.4% | 5.1% |
| 现金转化率经营现金流/净利润 | 1.64× | 0.79× |
| 过去12个月自由现金流最近4个季度 | $490.8M | $647.4M |
8季度趋势，按日历期对齐
经营现金流ALGNFDS
| Q4 25 | $223.2M | $121.3M | ||
| Q3 25 | $188.7M | $212.1M | ||
| Q2 25 | $128.7M | $253.8M | ||
| Q1 25 | $52.7M | $174.0M | ||
| Q4 24 | $286.1M | $86.4M | ||
| Q3 24 | $263.7M | $163.2M | ||
| Q2 24 | $159.8M | $238.2M | ||
| Q1 24 | $28.7M | $143.8M |
自由现金流ALGNFDS
| Q4 25 | $187.3M | $90.4M | ||
| Q3 25 | $169.0M | $178.1M | ||
| Q2 25 | $107.2M | $228.6M | ||
| Q1 25 | $27.4M | $150.2M | ||
| Q4 24 | $263.1M | $60.5M | ||
| Q3 24 | $233.9M | $137.2M | ||
| Q2 24 | $106.4M | $216.9M | ||
| Q1 24 | $19.3M | $121.9M |
自由现金流率ALGNFDS
| Q4 25 | 17.9% | 14.9% | ||
| Q3 25 | 17.0% | 29.8% | ||
| Q2 25 | 10.6% | 39.0% | ||
| Q1 25 | 2.8% | 26.3% | ||
| Q4 24 | 26.4% | 10.6% | ||
| Q3 24 | 23.9% | 24.4% | ||
| Q2 24 | 10.3% | 39.2% | ||
| Q1 24 | 1.9% | 22.3% |
资本支出强度ALGNFDS
| Q4 25 | 3.4% | 5.1% | ||
| Q3 25 | 2.0% | 5.7% | ||
| Q2 25 | 2.1% | 4.3% | ||
| Q1 25 | 2.6% | 4.2% | ||
| Q4 24 | 2.3% | 4.5% | ||
| Q3 24 | 3.0% | 4.6% | ||
| Q2 24 | 5.2% | 3.9% | ||
| Q1 24 | 0.9% | 4.0% |
现金转化率ALGNFDS
| Q4 25 | 1.64× | 0.79× | ||
| Q3 25 | 3.33× | 1.38× | ||
| Q2 25 | 1.03× | 1.71× | ||
| Q1 25 | 0.57× | 1.20× | ||
| Q4 24 | 2.76× | 0.58× | ||
| Q3 24 | 2.27× | 1.82× | ||
| Q2 24 | 1.66× | 1.51× | ||
| Q1 24 | 0.27× | 1.02× |
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
ALGN
| Systems And Services | $789.6M | 75% |
| Other | $258.0M | 25% |
FDS
| Americas Segment | $399.7M | 66% |
| EMEA Segment | $149.1M | 25% |
| Asia Pacific Segment | $62.2M | 10% |
