vs
应用材料（AMAT）与CHECK POINT SOFTWARE TECHNOLOGIES LTD（CHKP）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CHECK POINT SOFTWARE TECHNOLOGIES LTD的3.4倍（$6.8B vs $2.0B）。CHECK POINT SOFTWARE TECHNOLOGIES LTD净利率更高（38.0% vs 27.9%，领先10.1%）。应用材料自由现金流更多（$2.0B vs $895.5M）
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。
Check Point软件技术有限公司是以色列知名网络安全企业，业务覆盖全球60余个国家，总部位于以色列特拉维夫，在美国加利福尼亚州红木城设有重要运营据点。公司为全球超过10万家机构提供安全防护，旗下拥有专业安全研究团队，同时是世界经济论坛的合作伙伴。
AMAT vs CHKP — 直观对比
营收规模更大
AMAT
是对方的3.4倍
$2.0B
净利率更高
CHKP
高出10.1%
27.9%
自由现金流更多
AMAT
多$1.1B
$895.5M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.8B | $2.0B |
| 净利润 | $1.9B | $752.4M |
| 毛利率 | 48.0% | 86.7% |
| 营业利润率 | 25.2% | 30.2% |
| 净利率 | 27.9% | 38.0% |
| 营收同比 | -3.5% | — |
| 净利润同比 | 9.6% | — |
| 每股收益（稀释后） | $2.36 | $6.81 |
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AMATCHKP
| Q4 25 | $6.8B | — | ||
| Q3 25 | $7.3B | $2.0B | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $7.2B | — | ||
| Q4 24 | $7.0B | — | ||
| Q3 24 | $6.8B | — | ||
| Q2 24 | $6.6B | — | ||
| Q1 24 | $6.7B | — |
净利润AMATCHKP
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.8B | $752.4M | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $2.0B | — |
毛利率AMATCHKP
| Q4 25 | 48.0% | — | ||
| Q3 25 | 48.8% | 86.7% | ||
| Q2 25 | 49.1% | — | ||
| Q1 25 | 48.8% | — | ||
| Q4 24 | 47.3% | — | ||
| Q3 24 | 47.3% | — | ||
| Q2 24 | 47.4% | — | ||
| Q1 24 | 47.8% | — |
营业利润率AMATCHKP
| Q4 25 | 25.2% | — | ||
| Q3 25 | 30.6% | 30.2% | ||
| Q2 25 | 30.5% | — | ||
| Q1 25 | 30.4% | — | ||
| Q4 24 | 29.0% | — | ||
| Q3 24 | 28.7% | — | ||
| Q2 24 | 28.8% | — | ||
| Q1 24 | 29.3% | — |
净利率AMATCHKP
| Q4 25 | 27.9% | — | ||
| Q3 25 | 24.4% | 38.0% | ||
| Q2 25 | 30.1% | — | ||
| Q1 25 | 16.5% | — | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 25.9% | — | ||
| Q1 24 | 30.1% | — |
每股收益（稀释后）AMATCHKP
| Q4 25 | $2.36 | — | ||
| Q3 25 | $2.22 | $6.81 | ||
| Q2 25 | $2.63 | — | ||
| Q1 25 | $1.45 | — | ||
| Q4 24 | $2.09 | — | ||
| Q3 24 | $2.05 | — | ||
| Q2 24 | $2.06 | — | ||
| Q1 24 | $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 | $8.6B | $619.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $20.4B | $3.1B |
| 总资产 | $36.3B | $5.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AMATCHKP
| Q4 25 | $8.6B | — | ||
| Q3 25 | $7.0B | $619.9M | ||
| Q2 25 | $6.7B | — | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $9.5B | — | ||
| Q3 24 | $9.1B | — | ||
| Q2 24 | $7.6B | — | ||
| Q1 24 | $7.5B | — |
股东权益AMATCHKP
| Q4 25 | $20.4B | — | ||
| Q3 25 | $19.5B | $3.1B | ||
| Q2 25 | $19.0B | — | ||
| Q1 25 | $18.6B | — | ||
| Q4 24 | $19.0B | — | ||
| Q3 24 | $18.8B | — | ||
| Q2 24 | $18.2B | — | ||
| Q1 24 | $17.4B | — |
总资产AMATCHKP
| Q4 25 | $36.3B | — | ||
| Q3 25 | $34.2B | $5.7B | ||
| Q2 25 | $33.6B | — | ||
| Q1 25 | $33.3B | — | ||
| Q4 24 | $34.4B | — | ||
| Q3 24 | $33.6B | — | ||
| Q2 24 | $31.9B | — | ||
| Q1 24 | $31.5B | — |
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 | $2.8B | $914.9M |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $895.5M |
| 自由现金流率自由现金流/营收 | 30.0% | 45.2% |
| 资本支出强度资本支出/营收 | 11.5% | 1.0% |
| 现金转化率经营现金流/净利润 | 1.49× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $5.7B | — |
8季度趋势，按日历期对齐
经营现金流AMATCHKP
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.6B | $914.9M | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $925.0M | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $2.3B | — |
自由现金流AMATCHKP
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | $895.5M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $544.0M | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $2.1B | — |
自由现金流率AMATCHKP
| Q4 25 | 30.0% | — | ||
| Q3 25 | 28.1% | 45.2% | ||
| Q2 25 | 14.9% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 30.8% | — | ||
| Q3 24 | 30.8% | — | ||
| Q2 24 | 17.1% | — | ||
| Q1 24 | 31.3% | — |
资本支出强度AMATCHKP
| Q4 25 | 11.5% | — | ||
| Q3 25 | 8.0% | 1.0% | ||
| Q2 25 | 7.2% | — | ||
| Q1 25 | 5.3% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.9% | — | ||
| Q1 24 | 3.4% | — |
现金转化率AMATCHKP
| Q4 25 | 1.49× | — | ||
| Q3 25 | 1.48× | 1.22× | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 0.81× | — | ||
| Q1 24 | 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
AMAT
| Semiconductor Systems Segment | $4.8B | 70% |
| Applied Global Services Segment | $1.6B | 24% |
| Other | $415.0M | 6% |
CHKP
| Security subscriptions | $812.0M | 41% |
| Software updates and maintenance | $712.0M | 36% |
| Products and licenses | $337.3M | 17% |
| Other | $119.2M | 6% |
