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安姆科（AMCR）与爱玛客（ARMK）财务数据对比。点击上方公司名可切换其他公司
安姆科的季度营收约是爱玛客的1.1倍（$5.4B vs $4.8B），安姆科净利率更高（3.2% vs 2.0%，领先1.3%），安姆科同比增速更快（68.1% vs 6.1%），安姆科自由现金流更多（$282.0M vs $-904.4M），过去两年安姆科的营收复合增速更高（26.4% vs 7.3%）
安姆科是全球知名的包装产品开发商、生产商与销售商，业务覆盖欧洲、北美、拉美、非洲及亚太地区，下设软包装与硬包装两大业务板块。软包装产品广泛应用于食品饮料、医药、生鲜、休闲食品、个人护理等领域，硬包装板块则为各类食品饮料提供刚性容器产品。
爱玛客是美国知名的餐饮服务与设施管理服务商，服务覆盖教育、司法监管、医疗、企业、休闲文旅等多个领域，业务遍布北美地区及英国、德国、智利、爱尔兰、西班牙在内的14个国家，为各场景客户提供专业后勤支持解决方案。
AMCR vs ARMK — 直观对比
营收规模更大
AMCR
是对方的1.1倍
$4.8B
营收增速更快
AMCR
高出62.0%
6.1%
净利率更高
AMCR
高出1.3%
2.0%
自由现金流更多
AMCR
多$1.2B
$-904.4M
两年增速更快
AMCR
近两年复合增速
7.3%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $4.8B |
| 净利润 | $177.0M | $96.2M |
| 毛利率 | 19.1% | — |
| 营业利润率 | 6.1% | 4.5% |
| 净利率 | 3.2% | 2.0% |
| 营收同比 | 68.1% | 6.1% |
| 净利润同比 | 8.6% | -9.0% |
| 每股收益（稀释后） | $0.38 | $0.36 |
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AMCRARMK
| Q1 26 | — | $4.8B | ||
| Q4 25 | $5.4B | $5.0B | ||
| Q3 25 | $5.7B | — | ||
| Q2 25 | $5.1B | $4.6B | ||
| Q1 25 | $3.3B | $4.3B | ||
| Q4 24 | $3.2B | $4.6B | ||
| Q3 24 | $3.4B | $4.4B | ||
| Q2 24 | $3.5B | $4.4B |
净利润AMCRARMK
| Q1 26 | — | $96.2M | ||
| Q4 25 | $177.0M | $87.1M | ||
| Q3 25 | $262.0M | — | ||
| Q2 25 | $-39.0M | $71.8M | ||
| Q1 25 | $196.0M | $61.9M | ||
| Q4 24 | $163.0M | $105.6M | ||
| Q3 24 | $191.0M | $122.4M | ||
| Q2 24 | $257.0M | $58.1M |
毛利率AMCRARMK
| Q1 26 | — | — | ||
| Q4 25 | 19.1% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 17.6% | — | ||
| Q1 25 | 19.6% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 19.7% | — | ||
| Q2 24 | 21.3% | — |
营业利润率AMCRARMK
| Q1 26 | — | 4.5% | ||
| Q4 25 | 6.1% | 4.3% | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | 1.7% | 3.9% | ||
| Q1 25 | 9.4% | 4.1% | ||
| Q4 24 | 9.2% | 4.8% | ||
| Q3 24 | 9.3% | 5.0% | ||
| Q2 24 | 11.2% | 3.7% |
净利率AMCRARMK
| Q1 26 | — | 2.0% | ||
| Q4 25 | 3.2% | 1.7% | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | -0.8% | 1.6% | ||
| Q1 25 | 5.9% | 1.4% | ||
| Q4 24 | 5.0% | 2.3% | ||
| Q3 24 | 5.7% | 2.8% | ||
| Q2 24 | 7.3% | 1.3% |
每股收益（稀释后）AMCRARMK
| Q1 26 | — | $0.36 | ||
| Q4 25 | $0.38 | $0.33 | ||
| Q3 25 | $0.11 | — | ||
| Q2 25 | $-0.06 | $0.27 | ||
| Q1 25 | $0.14 | $0.23 | ||
| Q4 24 | $0.11 | $0.39 | ||
| Q3 24 | $0.13 | $0.46 | ||
| Q2 24 | $0.18 | $0.22 |
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 | $1.1B | $439.6M |
| 总债务越低越好 | $14.6B | $6.2B |
| 股东权益账面价值 | $11.6B | $3.2B |
| 总资产 | $37.0B | $13.5B |
| 负债/权益比越低杠杆越低 | 1.26× | 1.94× |
8季度趋势，按日历期对齐
现金及短期投资AMCRARMK
| Q1 26 | — | $439.6M | ||
| Q4 25 | $1.1B | $639.1M | ||
| Q3 25 | $825.0M | — | ||
| Q2 25 | $827.0M | $501.5M | ||
| Q1 25 | $2.0B | $920.5M | ||
| Q4 24 | $445.0M | $484.1M | ||
| Q3 24 | $432.0M | $672.5M | ||
| Q2 24 | $588.0M | $436.1M |
总债务AMCRARMK
| Q1 26 | — | $6.2B | ||
| Q4 25 | $14.6B | $5.4B | ||
| Q3 25 | $12.8B | — | ||
| Q2 25 | $13.8B | $6.3B | ||
| Q1 25 | $8.6B | $6.1B | ||
| Q4 24 | $6.8B | $5.0B | ||
| Q3 24 | $7.2B | $4.3B | ||
| Q2 24 | $6.6B | $5.0B |
股东权益AMCRARMK
| Q1 26 | — | $3.2B | ||
| Q4 25 | $11.6B | $3.1B | ||
| Q3 25 | $11.7B | — | ||
| Q2 25 | $11.7B | $3.1B | ||
| Q1 25 | $3.9B | $3.0B | ||
| Q4 24 | $3.8B | $3.1B | ||
| Q3 24 | $3.9B | $3.0B | ||
| Q2 24 | $3.9B | $2.9B |
总资产AMCRARMK
| Q1 26 | — | $13.5B | ||
| Q4 25 | $37.0B | $13.3B | ||
| Q3 25 | $37.1B | — | ||
| Q2 25 | $37.1B | $13.3B | ||
| Q1 25 | $18.0B | $13.5B | ||
| Q4 24 | $16.2B | $12.7B | ||
| Q3 24 | $16.9B | $12.7B | ||
| Q2 24 | $16.5B | $12.5B |
负债/权益比AMCRARMK
| Q1 26 | — | 1.94× | ||
| Q4 25 | 1.26× | 1.71× | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.18× | 2.03× | ||
| Q1 25 | 2.24× | 2.02× | ||
| Q4 24 | 1.81× | 1.61× | ||
| Q3 24 | 1.83× | 1.42× | ||
| Q2 24 | 1.70× | 1.71× |
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 | $503.0M | $-782.2M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $-904.4M |
| 自由现金流率自由现金流/营收 | 5.2% | -18.7% |
| 资本支出强度资本支出/营收 | 4.1% | 2.5% |
| 现金转化率经营现金流/净利润 | 2.84× | -8.13× |
| 过去12个月自由现金流最近4个季度 | $805.0M | — |
8季度趋势，按日历期对齐
经营现金流AMCRARMK
| Q1 26 | — | $-782.2M | ||
| Q4 25 | $503.0M | — | ||
| Q3 25 | $-133.0M | — | ||
| Q2 25 | $1.1B | $76.7M | ||
| Q1 25 | $117.0M | $255.9M | ||
| Q4 24 | $428.0M | $-587.2M | ||
| Q3 24 | $-269.0M | $1.0B | ||
| Q2 24 | $943.0M | $140.7M |
自由现金流AMCRARMK
| Q1 26 | — | $-904.4M | ||
| Q4 25 | $282.0M | — | ||
| Q3 25 | $-371.0M | — | ||
| Q2 25 | $894.0M | $-34.7M | ||
| Q1 25 | $0 | $140.1M | ||
| Q4 24 | $330.0M | $-707.0M | ||
| Q3 24 | $-414.0M | $882.3M | ||
| Q2 24 | $809.0M | $55.6M |
自由现金流率AMCRARMK
| Q1 26 | — | -18.7% | ||
| Q4 25 | 5.2% | — | ||
| Q3 25 | -6.5% | — | ||
| Q2 25 | 17.6% | -0.8% | ||
| Q1 25 | 0.0% | 3.3% | ||
| Q4 24 | 10.2% | -15.5% | ||
| Q3 24 | -12.3% | 20.0% | ||
| Q2 24 | 22.9% | 1.3% |
资本支出强度AMCRARMK
| Q1 26 | — | 2.5% | ||
| Q4 25 | 4.1% | 2.8% | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 4.3% | 2.4% | ||
| Q1 25 | 3.5% | 2.7% | ||
| Q4 24 | 3.0% | 2.6% | ||
| Q3 24 | 4.3% | 3.2% | ||
| Q2 24 | 3.8% | 1.9% |
现金转化率AMCRARMK
| Q1 26 | — | -8.13× | ||
| Q4 25 | 2.84× | — | ||
| Q3 25 | -0.51× | — | ||
| Q2 25 | — | 1.07× | ||
| Q1 25 | 0.60× | 4.14× | ||
| Q4 24 | 2.63× | -5.56× | ||
| Q3 24 | -1.41× | 8.35× | ||
| Q2 24 | 3.67× | 2.42× |
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
AMCR
| Flexibles Segment | $3.2B | 59% |
| Rigid Packaging Segment | $2.3B | 42% |
ARMK
| Education | $1.1B | 22% |
| Sports Leisure Corrections | $961.2M | 20% |
| Food And Support Services International | $847.8M | 18% |
| Other | $621.6M | 13% |
| Businessand Industry | $510.6M | 11% |
| Health Care | $421.3M | 9% |
| Facility Services | $382.9M | 8% |
