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应用材料（AMAT）与Keurig Dr Pepper（KDP）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Keurig Dr Pepper的1.8倍（$7.0B vs $4.0B），应用材料净利率更高（28.9% vs 6.8%，领先22.1%），Keurig Dr Pepper同比增速更快（9.4% vs -2.1%），过去两年应用材料的营收复合增速更高（2.7% vs 0.7%）
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。
Keurig Dr Pepper是美国上市的饮品与咖啡机综合企业，2018年由克里格绿山和胡椒博士斯奈普集团合并成立，在马萨诸塞州伯灵顿及得克萨斯州弗里斯科设有双总部，旗下拥有超125款冷热饮品，加拿大区域业务由当地子公司负责运营。
AMAT vs KDP — 直观对比
营收规模更大
AMAT
是对方的1.8倍
$4.0B
营收增速更快
KDP
高出11.5%
-2.1%
净利率更高
AMAT
高出22.1%
6.8%
两年增速更快
AMAT
近两年复合增速
0.7%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.0B | $4.0B |
| 净利润 | $2.0B | $270.0M |
| 毛利率 | 49.0% | 52.8% |
| 营业利润率 | 20.4% | 19.0% |
| 净利率 | 28.9% | 6.8% |
| 营收同比 | -2.1% | 9.4% |
| 净利润同比 | 71.0% | -47.8% |
| 每股收益（稀释后） | $2.54 | $0.20 |
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AMATKDP
| Q1 26 | $7.0B | $4.0B | ||
| Q4 25 | $6.8B | $4.5B | ||
| Q3 25 | $7.3B | $4.3B | ||
| Q2 25 | $7.1B | $4.2B | ||
| Q1 25 | $7.2B | $3.6B | ||
| Q4 24 | $7.0B | $4.1B | ||
| Q3 24 | $6.8B | $3.9B | ||
| Q2 24 | $6.6B | $3.9B |
净利润AMATKDP
| Q1 26 | $2.0B | $270.0M | ||
| Q4 25 | $1.9B | $353.0M | ||
| Q3 25 | $1.8B | $662.0M | ||
| Q2 25 | $2.1B | $547.0M | ||
| Q1 25 | $1.2B | $517.0M | ||
| Q4 24 | $1.7B | $-144.0M | ||
| Q3 24 | $1.7B | $616.0M | ||
| Q2 24 | $1.7B | $515.0M |
毛利率AMATKDP
| Q1 26 | 49.0% | 52.8% | ||
| Q4 25 | 48.0% | 53.8% | ||
| Q3 25 | 48.8% | 54.3% | ||
| Q2 25 | 49.1% | 54.2% | ||
| Q1 25 | 48.8% | 54.6% | ||
| Q4 24 | 47.3% | 55.9% | ||
| Q3 24 | 47.3% | 55.0% | ||
| Q2 24 | 47.4% | 55.4% |
营业利润率AMATKDP
| Q1 26 | 20.4% | 19.0% | ||
| Q4 25 | 25.2% | 19.6% | ||
| Q3 25 | 30.6% | 23.1% | ||
| Q2 25 | 30.5% | 21.6% | ||
| Q1 25 | 30.4% | 22.0% | ||
| Q4 24 | 29.0% | 1.5% | ||
| Q3 24 | 28.7% | 23.2% | ||
| Q2 24 | 28.8% | 22.0% |
净利率AMATKDP
| Q1 26 | 28.9% | 6.8% | ||
| Q4 25 | 27.9% | 7.8% | ||
| Q3 25 | 24.4% | 15.4% | ||
| Q2 25 | 30.1% | 13.1% | ||
| Q1 25 | 16.5% | 14.2% | ||
| Q4 24 | 24.6% | -3.5% | ||
| Q3 24 | 25.2% | 15.8% | ||
| Q2 24 | 25.9% | 13.1% |
每股收益（稀释后）AMATKDP
| Q1 26 | $2.54 | $0.20 | ||
| Q4 25 | $2.36 | $0.26 | ||
| Q3 25 | $2.22 | $0.49 | ||
| Q2 25 | $2.63 | $0.40 | ||
| Q1 25 | $1.45 | $0.38 | ||
| Q4 24 | $2.09 | $-0.11 | ||
| Q3 24 | $2.05 | $0.45 | ||
| Q2 24 | $2.06 | $0.38 |
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 | $8.5B | $898.0M |
| 总债务越低越好 | $6.6B | — |
| 股东权益账面价值 | $21.7B | $25.3B |
| 总资产 | $37.6B | $73.1B |
| 负债/权益比越低杠杆越低 | 0.30× | — |
8季度趋势，按日历期对齐
现金及短期投资AMATKDP
| Q1 26 | $8.5B | $898.0M | ||
| Q4 25 | $8.6B | $1.0B | ||
| Q3 25 | $7.0B | $516.0M | ||
| Q2 25 | $6.7B | $509.0M | ||
| Q1 25 | $8.2B | $653.0M | ||
| Q4 24 | $9.5B | $510.0M | ||
| Q3 24 | $9.1B | $552.0M | ||
| Q2 24 | $7.6B | $438.0M |
总债务AMATKDP
| Q1 26 | $6.6B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AMATKDP
| Q1 26 | $21.7B | $25.3B | ||
| Q4 25 | $20.4B | $25.5B | ||
| Q3 25 | $19.5B | $25.3B | ||
| Q2 25 | $19.0B | $25.0B | ||
| Q1 25 | $18.6B | $24.4B | ||
| Q4 24 | $19.0B | $24.2B | ||
| Q3 24 | $18.8B | $25.0B | ||
| Q2 24 | $18.2B | $24.7B |
总资产AMATKDP
| Q1 26 | $37.6B | $73.1B | ||
| Q4 25 | $36.3B | $55.5B | ||
| Q3 25 | $34.2B | $54.6B | ||
| Q2 25 | $33.6B | $54.4B | ||
| Q1 25 | $33.3B | $53.7B | ||
| Q4 24 | $34.4B | $53.4B | ||
| Q3 24 | $33.6B | $52.7B | ||
| Q2 24 | $31.9B | $52.3B |
负债/权益比AMATKDP
| Q1 26 | 0.30× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $281.0M |
| 自由现金流经营现金流 - 资本支出 | — | $184.0M |
| 自由现金流率自由现金流/营收 | — | 4.6% |
| 资本支出强度资本支出/营收 | 9.2% | — |
| 现金转化率经营现金流/净利润 | — | 1.04× |
| 过去12个月自由现金流最近4个季度 | — | $1.6B |
8季度趋势，按日历期对齐
经营现金流AMATKDP
| Q1 26 | — | $281.0M | ||
| Q4 25 | $2.8B | $712.0M | ||
| Q3 25 | $2.6B | $639.0M | ||
| Q2 25 | $1.6B | $431.0M | ||
| Q1 25 | $925.0M | $209.0M | ||
| Q4 24 | $2.6B | $849.0M | ||
| Q3 24 | $2.4B | $628.0M | ||
| Q2 24 | $1.4B | $657.0M |
自由现金流AMATKDP
| Q1 26 | — | $184.0M | ||
| Q4 25 | $2.0B | $564.0M | ||
| Q3 25 | $2.0B | $527.0M | ||
| Q2 25 | $1.1B | $325.0M | ||
| Q1 25 | $544.0M | $89.0M | ||
| Q4 24 | $2.2B | $684.0M | ||
| Q3 24 | $2.1B | $503.0M | ||
| Q2 24 | $1.1B | $542.0M |
自由现金流率AMATKDP
| Q1 26 | — | 4.6% | ||
| Q4 25 | 30.0% | 12.5% | ||
| Q3 25 | 28.1% | 12.2% | ||
| Q2 25 | 14.9% | 7.8% | ||
| Q1 25 | 7.6% | 2.4% | ||
| Q4 24 | 30.8% | 16.8% | ||
| Q3 24 | 30.8% | 12.9% | ||
| Q2 24 | 17.1% | 13.8% |
资本支出强度AMATKDP
| Q1 26 | 9.2% | — | ||
| Q4 25 | 11.5% | 3.3% | ||
| Q3 25 | 8.0% | 2.6% | ||
| Q2 25 | 7.2% | 2.5% | ||
| Q1 25 | 5.3% | 3.3% | ||
| Q4 24 | 5.8% | 4.1% | ||
| Q3 24 | 4.4% | 3.2% | ||
| Q2 24 | 3.9% | 2.9% |
现金转化率AMATKDP
| Q1 26 | — | 1.04× | ||
| Q4 25 | 1.49× | 2.02× | ||
| Q3 25 | 1.48× | 0.97× | ||
| Q2 25 | 0.74× | 0.79× | ||
| Q1 25 | 0.78× | 0.40× | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 1.40× | 1.02× | ||
| Q2 24 | 0.81× | 1.28× |
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
KDP
| U.S. Refreshment Beverages | $2.6B | 65% |
| U.S. Coffee | $857.0M | 22% |
| International | $520.0M | 13% |
