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应用材料（AMAT）与信安金融集团（PFG）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信安金融集团的1.5倍（$6.8B vs $4.6B），应用材料净利率更高（27.9% vs 11.3%，领先16.6%），应用材料同比增速更快（-3.5% vs -3.7%），过去两年信安金融集团的营收复合增速更高（6.3% 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。
信安金融集团（股票代码：PFG）是总部位于美国艾奥瓦州得梅因的全球性金融服务企业，核心业务涵盖投资管理、保险服务两大板块，在全球多个区域开展业务，为机构客户和个人用户提供专业定制化的金融解决方案，在行业内拥有较高知名度。
AMAT vs PFG — 直观对比
营收规模更大
AMAT
是对方的1.5倍
$4.6B
营收增速更快
AMAT
高出0.2%
-3.7%
净利率更高
AMAT
高出16.6%
11.3%
两年增速更快
PFG
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.8B | $4.6B |
| 净利润 | $1.9B | $517.0M |
| 毛利率 | 48.0% | — |
| 营业利润率 | 25.2% | — |
| 净利率 | 27.9% | 11.3% |
| 营收同比 | -3.5% | -3.7% |
| 净利润同比 | 9.6% | -42.9% |
| 每股收益（稀释后） | $2.36 | $2.30 |
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AMATPFG
| Q4 25 | $6.8B | $4.6B | ||
| Q3 25 | $7.3B | $3.7B | ||
| Q2 25 | $7.1B | $3.7B | ||
| Q1 25 | $7.2B | $3.7B | ||
| Q4 24 | $7.0B | $4.8B | ||
| Q3 24 | $6.8B | $3.0B | ||
| Q2 24 | $6.6B | $4.3B | ||
| Q1 24 | $6.7B | $4.1B |
净利润AMATPFG
| Q4 25 | $1.9B | $517.0M | ||
| Q3 25 | $1.8B | $213.8M | ||
| Q2 25 | $2.1B | $406.2M | ||
| Q1 25 | $1.2B | $48.1M | ||
| Q4 24 | $1.7B | $905.4M | ||
| Q3 24 | $1.7B | $-220.0M | ||
| Q2 24 | $1.7B | $353.1M | ||
| Q1 24 | $2.0B | $532.5M |
毛利率AMATPFG
| 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% | — | ||
| Q1 24 | 47.8% | — |
营业利润率AMATPFG
| Q4 25 | 25.2% | — | ||
| Q3 25 | 30.6% | — | ||
| 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AMATPFG
| Q4 25 | 27.9% | 11.3% | ||
| Q3 25 | 24.4% | 5.8% | ||
| Q2 25 | 30.1% | 11.1% | ||
| Q1 25 | 16.5% | 1.3% | ||
| Q4 24 | 24.6% | 19.1% | ||
| Q3 24 | 25.2% | -7.3% | ||
| Q2 24 | 25.9% | 8.2% | ||
| Q1 24 | 30.1% | 13.1% |
每股收益（稀释后）AMATPFG
| Q4 25 | $2.36 | $2.30 | ||
| Q3 25 | $2.22 | $0.95 | ||
| Q2 25 | $2.63 | $1.79 | ||
| Q1 25 | $1.45 | $0.21 | ||
| Q4 24 | $2.09 | $3.92 | ||
| Q3 24 | $2.05 | $-0.95 | ||
| Q2 24 | $2.06 | $1.49 | ||
| Q1 24 | $2.41 | $2.22 |
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 | $4.4B |
| 总债务越低越好 | — | $3.9B |
| 股东权益账面价值 | $20.4B | $11.9B |
| 总资产 | $36.3B | $341.4B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资AMATPFG
| Q4 25 | $8.6B | $4.4B | ||
| Q3 25 | $7.0B | $5.1B | ||
| Q2 25 | $6.7B | $3.7B | ||
| Q1 25 | $8.2B | $3.9B | ||
| Q4 24 | $9.5B | $4.2B | ||
| Q3 24 | $9.1B | $6.2B | ||
| Q2 24 | $7.6B | $4.8B | ||
| Q1 24 | $7.5B | $4.2B |
总债务AMATPFG
| Q4 25 | — | $3.9B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益AMATPFG
| Q4 25 | $20.4B | $11.9B | ||
| Q3 25 | $19.5B | $11.7B | ||
| Q2 25 | $19.0B | $11.4B | ||
| Q1 25 | $18.6B | $11.2B | ||
| Q4 24 | $19.0B | $11.1B | ||
| Q3 24 | $18.8B | $11.2B | ||
| Q2 24 | $18.2B | $11.0B | ||
| Q1 24 | $17.4B | $11.2B |
总资产AMATPFG
| Q4 25 | $36.3B | $341.4B | ||
| Q3 25 | $34.2B | $334.5B | ||
| Q2 25 | $33.6B | $323.1B | ||
| Q1 25 | $33.3B | $313.0B | ||
| Q4 24 | $34.4B | $313.7B | ||
| Q3 24 | $33.6B | $322.9B | ||
| Q2 24 | $31.9B | $308.8B | ||
| Q1 24 | $31.5B | $308.7B |
负债/权益比AMATPFG
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× | ||
| Q1 24 | — | 0.35× |
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 | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $2.0B | — |
| 自由现金流率自由现金流/营收 | 30.0% | — |
| 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× | 3.37× |
| 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AMATPFG
| Q4 25 | $2.8B | $1.7B | ||
| Q3 25 | $2.6B | $1.0B | ||
| Q2 25 | $1.6B | $811.9M | ||
| Q1 25 | $925.0M | $977.3M | ||
| Q4 24 | $2.6B | $1.5B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $1.4B | $1.4B | ||
| Q1 24 | $2.3B | $584.2M |
自由现金流AMATPFG
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| 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AMATPFG
| Q4 25 | 30.0% | — | ||
| Q3 25 | 28.1% | — | ||
| 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AMATPFG
| Q4 25 | 11.5% | — | ||
| Q3 25 | 8.0% | — | ||
| 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AMATPFG
| Q4 25 | 1.49× | 3.37× | ||
| Q3 25 | 1.48× | 4.70× | ||
| Q2 25 | 0.74× | 2.00× | ||
| Q1 25 | 0.78× | 20.32× | ||
| Q4 24 | 1.49× | 1.61× | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 0.81× | 4.05× | ||
| Q1 24 | 1.15× | 1.10× |
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% |
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
