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应用材料（AMAT）与FirstEnergy（FE）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FirstEnergy的2.1倍（$7.9B vs $3.8B），应用材料净利率更高（35.5% vs -1.3%，领先36.8%），FirstEnergy同比增速更快（19.6% vs 11.0%），过去两年应用材料的营收复合增速更高（8.0% vs 7.5%）
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。
FirstEnergy Corp是总部位于美国俄亥俄州阿克伦市的电力公用事业企业，主营电力供应、电网运营相关业务，于1997年由俄亥俄爱迪生公司与森特里奥尔能源公司合并组建，是美国中西部地区颇具影响力的公共事业服务商。
AMAT vs FE — 直观对比
营收规模更大
AMAT
是对方的2.1倍
$3.8B
营收增速更快
FE
高出8.6%
11.0%
净利率更高
AMAT
高出36.8%
-1.3%
两年增速更快
AMAT
近两年复合增速
7.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.9B | $3.8B |
| 净利润 | $2.8B | $-49.0M |
| 毛利率 | 49.9% | — |
| 营业利润率 | 26.4% | -0.6% |
| 净利率 | 35.5% | -1.3% |
| 营收同比 | 11.0% | 19.6% |
| 净利润同比 | 31.0% | -118.8% |
| 每股收益（稀释后） | $3.51 | $-0.08 |
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AMATFE
| Q2 26 | $7.9B | — | ||
| Q1 26 | $7.0B | — | ||
| Q4 25 | $6.8B | $3.8B | ||
| Q3 25 | $7.3B | $4.1B | ||
| Q2 25 | $7.1B | $3.4B | ||
| Q1 25 | $7.2B | $3.8B | ||
| Q4 24 | $7.0B | $3.2B | ||
| Q3 24 | $6.8B | $3.7B |
净利润AMATFE
| Q2 26 | $2.8B | — | ||
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.9B | $-49.0M | ||
| Q3 25 | $1.8B | $441.0M | ||
| Q2 25 | $2.1B | $268.0M | ||
| Q1 25 | $1.2B | $360.0M | ||
| Q4 24 | $1.7B | $261.0M | ||
| Q3 24 | $1.7B | $419.0M |
毛利率AMATFE
| Q2 26 | 49.9% | — | ||
| Q1 26 | 49.0% | — | ||
| Q4 25 | 48.0% | — | ||
| Q3 25 | 48.8% | — | ||
| Q2 25 | 49.1% | — | ||
| Q1 25 | 48.8% | — | ||
| Q4 24 | 47.3% | — | ||
| Q3 24 | 47.3% | — |
营业利润率AMATFE
| Q2 26 | 26.4% | — | ||
| Q1 26 | 20.4% | — | ||
| Q4 25 | 25.2% | -0.6% | ||
| Q3 25 | 30.6% | 20.0% | ||
| Q2 25 | 30.5% | 19.1% | ||
| Q1 25 | 30.4% | 20.0% | ||
| Q4 24 | 29.0% | 19.3% | ||
| Q3 24 | 28.7% | 19.5% |
净利率AMATFE
| Q2 26 | 35.5% | — | ||
| Q1 26 | 28.9% | — | ||
| Q4 25 | 27.9% | -1.3% | ||
| Q3 25 | 24.4% | 10.6% | ||
| Q2 25 | 30.1% | 7.9% | ||
| Q1 25 | 16.5% | 9.6% | ||
| Q4 24 | 24.6% | 8.2% | ||
| Q3 24 | 25.2% | 11.2% |
每股收益（稀释后）AMATFE
| Q2 26 | $3.51 | — | ||
| Q1 26 | $2.54 | — | ||
| Q4 25 | $2.36 | $-0.08 | ||
| Q3 25 | $2.22 | $0.76 | ||
| Q2 25 | $2.63 | $0.46 | ||
| Q1 25 | $1.45 | $0.62 | ||
| Q4 24 | $2.09 | $0.45 | ||
| Q3 24 | $2.05 | $0.73 |
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 | $8.2B | $57.0M |
| 总债务越低越好 | $6.5B | $25.5B |
| 股东权益账面价值 | $23.9B | $12.5B |
| 总资产 | $40.3B | $55.9B |
| 负债/权益比越低杠杆越低 | 0.27× | 2.04× |
8季度趋势，按日历期对齐
现金及短期投资AMATFE
| Q2 26 | $8.2B | — | ||
| Q1 26 | $8.5B | — | ||
| Q4 25 | $8.6B | $57.0M | ||
| Q3 25 | $7.0B | $1.4B | ||
| Q2 25 | $6.7B | $569.0M | ||
| Q1 25 | $8.2B | $132.0M | ||
| Q4 24 | $9.5B | $111.0M | ||
| Q3 24 | $9.1B | $439.0M |
总债务AMATFE
| Q2 26 | $6.5B | — | ||
| Q1 26 | $6.6B | — | ||
| Q4 25 | — | $25.5B | ||
| Q3 25 | — | $25.5B | ||
| Q2 25 | — | $23.7B | ||
| Q1 25 | — | $21.2B | ||
| Q4 24 | — | $22.5B | ||
| Q3 24 | — | $21.6B |
股东权益AMATFE
| Q2 26 | $23.9B | — | ||
| Q1 26 | $21.7B | — | ||
| Q4 25 | $20.4B | $12.5B | ||
| Q3 25 | $19.5B | $12.8B | ||
| Q2 25 | $19.0B | $12.9B | ||
| Q1 25 | $18.6B | $12.6B | ||
| Q4 24 | $19.0B | $12.5B | ||
| Q3 24 | $18.8B | $12.4B |
总资产AMATFE
| Q2 26 | $40.3B | — | ||
| Q1 26 | $37.6B | — | ||
| Q4 25 | $36.3B | $55.9B | ||
| Q3 25 | $34.2B | $55.9B | ||
| Q2 25 | $33.6B | $54.2B | ||
| Q1 25 | $33.3B | $52.8B | ||
| Q4 24 | $34.4B | $52.0B | ||
| Q3 24 | $33.6B | $50.8B |
负债/权益比AMATFE
| Q2 26 | 0.27× | — | ||
| Q1 26 | 0.30× | — | ||
| Q4 25 | — | 2.04× | ||
| Q3 25 | — | 1.99× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.69× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 1.74× |
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 | — | $1.1B |
| 自由现金流经营现金流 - 资本支出 | — | $-30.0M |
| 自由现金流率自由现金流/营收 | — | -0.8% |
| 资本支出强度资本支出/营收 | 8.0% | 30.7% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-1.0B |
8季度趋势，按日历期对齐
经营现金流AMATFE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | $1.1B | ||
| Q3 25 | $2.6B | $845.0M | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $925.0M | $637.0M | ||
| Q4 24 | $2.6B | $1.0B | ||
| Q3 24 | $2.4B | $775.0M |
自由现金流AMATFE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $-30.0M | ||
| Q3 25 | $2.0B | $-471.0M | ||
| Q2 25 | $1.1B | $-136.0M | ||
| Q1 25 | $544.0M | $-368.0M | ||
| Q4 24 | $2.2B | $-250.0M | ||
| Q3 24 | $2.1B | $-229.0M |
自由现金流率AMATFE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 30.0% | -0.8% | ||
| Q3 25 | 28.1% | -11.4% | ||
| Q2 25 | 14.9% | -4.0% | ||
| Q1 25 | 7.6% | -9.8% | ||
| Q4 24 | 30.8% | -7.9% | ||
| Q3 24 | 30.8% | -6.1% |
资本支出强度AMATFE
| Q2 26 | 8.0% | — | ||
| Q1 26 | 9.2% | — | ||
| Q4 25 | 11.5% | 30.7% | ||
| Q3 25 | 8.0% | 31.7% | ||
| Q2 25 | 7.2% | 36.0% | ||
| Q1 25 | 5.3% | 26.7% | ||
| Q4 24 | 5.8% | 40.7% | ||
| Q3 24 | 4.4% | 26.9% |
现金转化率AMATFE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | — | ||
| Q3 25 | 1.48× | 1.92× | ||
| Q2 25 | 0.74× | 4.04× | ||
| Q1 25 | 0.78× | 1.77× | ||
| Q4 24 | 1.49× | 4.00× | ||
| Q3 24 | 1.40× | 1.85× |
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
暂无分部数据
FE
| Integrated Segment | $1.4B | 37% |
| Other | $1.4B | 36% |
| Stand Alone Transmission Segment | $466.0M | 12% |
| Industrial Customers | $167.0M | 4% |
| Mid Atlantic Interstate Transmission LLC | $118.0M | 3% |
| Transmission | $105.0M | 3% |
| Transmission Segment | $68.0M | 2% |
| Tr AIL | $63.0M | 2% |
| Internal Customers | $10.0M | 0% |
| Wholesale Sales | $6.0M | 0% |
