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应用材料（AMAT）与United Rentals（URI）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United Rentals的2.0倍（$7.9B vs $4.0B），应用材料净利率更高（35.5% vs 13.3%，领先22.1%），应用材料同比增速更快（11.0% vs 7.2%），过去两年United Rentals的营收复合增速更高（114.0% vs 8.0%）
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。
United Rentals是美国设备租赁企业，2022年占据北美市场约16%的份额。截至2025年，该公司拥有全球规模最大的租赁车队，覆盖约4800类设备，原始设备成本总计约205.9亿美元，在全球共设1625个营业网点，业务覆盖北美、欧洲、澳大利亚及新西兰。
AMAT vs URI — 直观对比
营收规模更大
AMAT
是对方的2.0倍
$4.0B
营收增速更快
AMAT
高出3.8%
7.2%
净利率更高
AMAT
高出22.1%
13.3%
两年增速更快
URI
近两年复合增速
8.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.9B | $4.0B |
| 净利润 | $2.8B | $531.0M |
| 毛利率 | 49.9% | 36.9% |
| 营业利润率 | 26.4% | 21.8% |
| 净利率 | 35.5% | 13.3% |
| 营收同比 | 11.0% | 7.2% |
| 净利润同比 | 31.0% | — |
| 每股收益（稀释后） | $3.51 | $8.43 |
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AMATURI
| Q2 26 | $7.9B | — | ||
| Q1 26 | $7.0B | $4.0B | ||
| Q4 25 | $6.8B | $992.0M | ||
| Q3 25 | $7.3B | $938.0M | ||
| Q2 25 | $7.1B | $872.0M | ||
| Q1 25 | $7.2B | $893.0M | ||
| Q4 24 | $7.0B | $1.0B | ||
| Q3 24 | $6.8B | $874.0M |
净利润AMATURI
| Q2 26 | $2.8B | — | ||
| Q1 26 | $2.0B | $531.0M | ||
| Q4 25 | $1.9B | $653.0M | ||
| Q3 25 | $1.8B | $701.0M | ||
| Q2 25 | $2.1B | $622.0M | ||
| Q1 25 | $1.2B | $518.0M | ||
| Q4 24 | $1.7B | $689.0M | ||
| Q3 24 | $1.7B | $708.0M |
毛利率AMATURI
| Q2 26 | 49.9% | — | ||
| Q1 26 | 49.0% | 36.9% | ||
| 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AMATURI
| Q2 26 | 26.4% | — | ||
| Q1 26 | 20.4% | 21.8% | ||
| Q4 25 | 25.2% | — | ||
| Q3 25 | 30.6% | — | ||
| Q2 25 | 30.5% | — | ||
| Q1 25 | 30.4% | 90.0% | ||
| Q4 24 | 29.0% | — | ||
| Q3 24 | 28.7% | — |
净利率AMATURI
| Q2 26 | 35.5% | — | ||
| Q1 26 | 28.9% | 13.3% | ||
| Q4 25 | 27.9% | 65.8% | ||
| Q3 25 | 24.4% | 74.7% | ||
| Q2 25 | 30.1% | 71.3% | ||
| Q1 25 | 16.5% | 58.0% | ||
| Q4 24 | 24.6% | 67.6% | ||
| Q3 24 | 25.2% | 81.0% |
每股收益（稀释后）AMATURI
| Q2 26 | $3.51 | — | ||
| Q1 26 | $2.54 | $8.43 | ||
| Q4 25 | $2.36 | $10.20 | ||
| Q3 25 | $2.22 | $10.91 | ||
| Q2 25 | $2.63 | $9.59 | ||
| Q1 25 | $1.45 | $7.91 | ||
| Q4 24 | $2.09 | $10.41 | ||
| Q3 24 | $2.05 | $10.70 |
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 | $156.0M |
| 总债务越低越好 | $6.5B | $13.9B |
| 股东权益账面价值 | $23.9B | $9.0B |
| 总资产 | $40.3B | $29.9B |
| 负债/权益比越低杠杆越低 | 0.27× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资AMATURI
| Q2 26 | $8.2B | — | ||
| Q1 26 | $8.5B | $156.0M | ||
| Q4 25 | $8.6B | $459.0M | ||
| Q3 25 | $7.0B | $512.0M | ||
| Q2 25 | $6.7B | $548.0M | ||
| Q1 25 | $8.2B | $542.0M | ||
| Q4 24 | $9.5B | $457.0M | ||
| Q3 24 | $9.1B | $479.0M |
总债务AMATURI
| Q2 26 | $6.5B | — | ||
| Q1 26 | $6.6B | $13.9B | ||
| Q4 25 | — | $12.7B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $11.5B | ||
| Q4 24 | — | $12.2B | ||
| Q3 24 | — | $11.9B |
股东权益AMATURI
| Q2 26 | $23.9B | — | ||
| Q1 26 | $21.7B | $9.0B | ||
| Q4 25 | $20.4B | $9.0B | ||
| Q3 25 | $19.5B | $9.0B | ||
| Q2 25 | $19.0B | $9.0B | ||
| Q1 25 | $18.6B | $8.8B | ||
| Q4 24 | $19.0B | $8.6B | ||
| Q3 24 | $18.8B | $8.6B |
总资产AMATURI
| Q2 26 | $40.3B | — | ||
| Q1 26 | $37.6B | $29.9B | ||
| Q4 25 | $36.3B | $29.9B | ||
| Q3 25 | $34.2B | $30.1B | ||
| Q2 25 | $33.6B | $29.2B | ||
| Q1 25 | $33.3B | $28.1B | ||
| Q4 24 | $34.4B | $28.2B | ||
| Q3 24 | $33.6B | $28.4B |
负债/权益比AMATURI
| Q2 26 | 0.27× | — | ||
| Q1 26 | 0.30× | 1.55× | ||
| Q4 25 | — | 1.41× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.34× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | — | 1.38× |
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 | — | $1.5B |
| 自由现金流经营现金流 - 资本支出 | — | $1.1B |
| 自由现金流率自由现金流/营收 | — | 26.4% |
| 资本支出强度资本支出/营收 | 8.0% | — |
| 现金转化率经营现金流/净利润 | — | 2.85× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AMATURI
| Q2 26 | — | — | ||
| Q1 26 | — | $1.5B | ||
| Q4 25 | $2.8B | $1.3B | ||
| Q3 25 | $2.6B | $1.2B | ||
| Q2 25 | $1.6B | $1.3B | ||
| Q1 25 | $925.0M | $1.4B | ||
| Q4 24 | $2.6B | $1.0B | ||
| Q3 24 | $2.4B | $1.2B |
自由现金流AMATURI
| Q2 26 | — | — | ||
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $544.0M | — | ||
| Q4 24 | $2.2B | $471.0M | ||
| Q3 24 | $2.1B | $-168.0M |
自由现金流率AMATURI
| Q2 26 | — | — | ||
| Q1 26 | — | 26.4% | ||
| Q4 25 | 30.0% | — | ||
| Q3 25 | 28.1% | — | ||
| Q2 25 | 14.9% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 30.8% | 46.2% | ||
| Q3 24 | 30.8% | -19.2% |
资本支出强度AMATURI
| Q2 26 | 8.0% | — | ||
| Q1 26 | 9.2% | — | ||
| Q4 25 | 11.5% | — | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | 7.2% | — | ||
| Q1 25 | 5.3% | — | ||
| Q4 24 | 5.8% | 56.6% | ||
| Q3 24 | 4.4% | 157.0% |
现金转化率AMATURI
| Q2 26 | — | — | ||
| Q1 26 | — | 2.85× | ||
| Q4 25 | 1.49× | 1.92× | ||
| Q3 25 | 1.48× | 1.68× | ||
| Q2 25 | 0.74× | 2.14× | ||
| Q1 25 | 0.78× | 2.75× | ||
| Q4 24 | 1.49× | 1.52× | ||
| Q3 24 | 1.40× | 1.70× |
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
URI
| Equipment rentals | $3.4B | 86% |
| Sales of rental equipment | $350.0M | 9% |
| Service and other revenues | $92.0M | 2% |
| Sales of new equipment | $84.0M | 2% |
| Contractor supplies sales | $40.0M | 1% |
