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应用材料（AMAT）与CSX Corporation（CSX）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CSX Corporation的2.0倍（$6.8B vs $3.5B），应用材料净利率更高（27.9% vs 23.2%，领先4.7%），CSX Corporation同比增速更快（1.7% vs -3.5%），应用材料自由现金流更多（$2.0B vs $793.0M），过去两年应用材料的营收复合增速更高（0.7% vs -3.0%）
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。
CSX运输是美国一级货运铁路企业，业务覆盖美国东部区域及加拿大安大略省、魁北克省，运营铁路总里程约3.4万公里，隶属于总部位于佛罗里达州杰克逊维尔市的财富500强企业CSX Corporation，是其旗下核心子公司。
AMAT vs CSX — 直观对比
营收规模更大
AMAT
是对方的2.0倍
$3.5B
营收增速更快
CSX
高出5.2%
-3.5%
净利率更高
AMAT
高出4.7%
23.2%
自由现金流更多
AMAT
多$1.3B
$793.0M
两年增速更快
AMAT
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.8B | $3.5B |
| 净利润 | $1.9B | $807.0M |
| 毛利率 | 48.0% | — |
| 营业利润率 | 25.2% | 29.9% |
| 净利率 | 27.9% | 23.2% |
| 营收同比 | -3.5% | 1.7% |
| 净利润同比 | 9.6% | 401.2% |
| 每股收益（稀释后） | $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AMATCSX
| Q1 26 | — | $3.5B | ||
| Q4 25 | $6.8B | $3.5B | ||
| Q3 25 | $7.3B | $3.6B | ||
| Q2 25 | $7.1B | $3.6B | ||
| Q1 25 | $7.2B | $3.4B | ||
| Q4 24 | $7.0B | $3.5B | ||
| Q3 24 | $6.8B | $3.6B | ||
| Q2 24 | $6.6B | $3.7B |
净利润AMATCSX
| Q1 26 | — | $807.0M | ||
| Q4 25 | $1.9B | $720.0M | ||
| Q3 25 | $1.8B | $694.0M | ||
| Q2 25 | $2.1B | $829.0M | ||
| Q1 25 | $1.2B | $646.0M | ||
| Q4 24 | $1.7B | $720.0M | ||
| Q3 24 | $1.7B | $894.0M | ||
| Q2 24 | $1.7B | $963.0M |
毛利率AMATCSX
| Q1 26 | — | — | ||
| Q4 25 | 48.0% | — | ||
| Q3 25 | 48.8% | — | ||
| Q2 25 | 49.1% | — | ||
| Q1 25 | 48.8% | — | ||
| Q4 24 | 47.3% | — | ||
| Q3 24 | 47.3% | — | ||
| Q2 24 | 47.4% | — |
营业利润率AMATCSX
| Q1 26 | — | 29.9% | ||
| Q4 25 | 25.2% | 31.6% | ||
| Q3 25 | 30.6% | 30.3% | ||
| Q2 25 | 30.5% | 35.9% | ||
| Q1 25 | 30.4% | 30.4% | ||
| Q4 24 | 29.0% | 30.8% | ||
| Q3 24 | 28.7% | 37.4% | ||
| Q2 24 | 28.8% | 39.1% |
净利率AMATCSX
| Q1 26 | — | 23.2% | ||
| Q4 25 | 27.9% | 20.5% | ||
| Q3 25 | 24.4% | 19.3% | ||
| Q2 25 | 30.1% | 23.2% | ||
| Q1 25 | 16.5% | 18.9% | ||
| Q4 24 | 24.6% | 20.3% | ||
| Q3 24 | 25.2% | 24.7% | ||
| Q2 24 | 25.9% | 26.0% |
每股收益（稀释后）AMATCSX
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | $0.39 | ||
| Q3 25 | $2.22 | $0.37 | ||
| Q2 25 | $2.63 | $0.44 | ||
| Q1 25 | $1.45 | $0.34 | ||
| Q4 24 | $2.09 | $0.38 | ||
| Q3 24 | $2.05 | $0.46 | ||
| Q2 24 | $2.06 | $0.49 |
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 | $1.1B |
| 总债务越低越好 | — | $18.9B |
| 股东权益账面价值 | $20.4B | $13.6B |
| 总资产 | $36.3B | $44.2B |
| 负债/权益比越低杠杆越低 | — | 1.39× |
8季度趋势，按日历期对齐
现金及短期投资AMATCSX
| Q1 26 | — | $1.1B | ||
| Q4 25 | $8.6B | $5.0M | ||
| Q3 25 | $7.0B | $6.0M | ||
| Q2 25 | $6.7B | $6.0M | ||
| Q1 25 | $8.2B | $8.0M | ||
| Q4 24 | $9.5B | $72.0M | ||
| Q3 24 | $9.1B | $12.0M | ||
| Q2 24 | $7.6B | $4.0M |
总债务AMATCSX
| Q1 26 | — | $18.9B | ||
| Q4 25 | — | $18.2B | ||
| Q3 25 | — | $18.6B | ||
| Q2 25 | — | $18.6B | ||
| Q1 25 | — | $18.5B | ||
| Q4 24 | — | $17.9B | ||
| Q3 24 | — | $18.5B | ||
| Q2 24 | — | $18.0B |
股东权益AMATCSX
| Q1 26 | — | $13.6B | ||
| Q4 25 | $20.4B | $13.2B | ||
| Q3 25 | $19.5B | $12.8B | ||
| Q2 25 | $19.0B | $12.4B | ||
| Q1 25 | $18.6B | $12.2B | ||
| Q4 24 | $19.0B | $12.5B | ||
| Q3 24 | $18.8B | $12.9B | ||
| Q2 24 | $18.2B | $12.6B |
总资产AMATCSX
| Q1 26 | — | $44.2B | ||
| Q4 25 | $36.3B | $43.7B | ||
| Q3 25 | $34.2B | $43.3B | ||
| Q2 25 | $33.6B | $42.9B | ||
| Q1 25 | $33.3B | $43.2B | ||
| Q4 24 | $34.4B | $42.8B | ||
| Q3 24 | $33.6B | $43.1B | ||
| Q2 24 | $31.9B | $42.4B |
负债/权益比AMATCSX
| Q1 26 | — | 1.39× | ||
| Q4 25 | — | 1.38× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 1.50× | ||
| Q1 25 | — | 1.52× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.43× | ||
| Q2 24 | — | 1.42× |
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 | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $2.0B | $793.0M |
| 自由现金流率自由现金流/营收 | 30.0% | 22.8% |
| 资本支出强度资本支出/营收 | 11.5% | — |
| 现金转化率经营现金流/净利润 | 1.49× | 1.58× |
| 过去12个月自由现金流最近4个季度 | $5.7B | $2.0B |
8季度趋势，按日历期对齐
经营现金流AMATCSX
| Q1 26 | — | $1.3B | ||
| Q4 25 | $2.8B | $1.4B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $1.6B | $635.0M | ||
| Q1 25 | $925.0M | $1.3B | ||
| Q4 24 | $2.6B | $1.4B | ||
| Q3 24 | $2.4B | $1.7B | ||
| Q2 24 | $1.4B | $1.1B |
自由现金流AMATCSX
| Q1 26 | — | $793.0M | ||
| Q4 25 | $2.0B | $709.0M | ||
| Q3 25 | $2.0B | $607.0M | ||
| Q2 25 | $1.1B | $-141.0M | ||
| Q1 25 | $544.0M | $536.0M | ||
| Q4 24 | $2.2B | $550.0M | ||
| Q3 24 | $2.1B | $1.1B | ||
| Q2 24 | $1.1B | $547.0M |
自由现金流率AMATCSX
| Q1 26 | — | 22.8% | ||
| Q4 25 | 30.0% | 20.2% | ||
| Q3 25 | 28.1% | 16.9% | ||
| Q2 25 | 14.9% | -3.9% | ||
| Q1 25 | 7.6% | 15.7% | ||
| Q4 24 | 30.8% | 15.5% | ||
| Q3 24 | 30.8% | 29.3% | ||
| Q2 24 | 17.1% | 14.8% |
资本支出强度AMATCSX
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | 19.3% | ||
| Q3 25 | 8.0% | 20.4% | ||
| Q2 25 | 7.2% | 21.7% | ||
| Q1 25 | 5.3% | 21.0% | ||
| Q4 24 | 5.8% | 23.7% | ||
| Q3 24 | 4.4% | 17.3% | ||
| Q2 24 | 3.9% | 14.6% |
现金转化率AMATCSX
| Q1 26 | — | 1.58× | ||
| Q4 25 | 1.49× | 1.93× | ||
| Q3 25 | 1.48× | 1.93× | ||
| Q2 25 | 0.74× | 0.77× | ||
| Q1 25 | 0.78× | 1.94× | ||
| Q4 24 | 1.49× | 1.93× | ||
| Q3 24 | 1.40× | 1.89× | ||
| Q2 24 | 0.81× | 1.13× |
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% |
CSX
暂无分部数据
