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安姆科（AMCR）与FULLER H B CO（FUL）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FULLER H B CO的6.1倍（$5.4B vs $892.0M）。FULLER H B CO净利率更高（7.5% vs 3.2%，领先4.3%）。安姆科同比增速更快（68.1% vs -2.8%）。安姆科自由现金流更多（$282.0M vs $68.9M）。过去两年安姆科的营收复合增速更高（26.4% vs 5.0%）
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。
H.B.富勒公司是总部位于美国明尼苏达州圣保罗的跨国粘合剂制造企业，全球第四大粘合剂及密封剂生产商。公司拥有超过20000种产品，广泛应用于建筑、工程、电子、卫生用品、食品包装等领域，在26个国家设有81座生产基地，2024年员工规模约7500人。
AMCR vs FUL — 直观对比
营收规模更大
AMCR
是对方的6.1倍
$892.0M
营收增速更快
AMCR
高出70.9%
-2.8%
净利率更高
FUL
高出4.3%
3.2%
自由现金流更多
AMCR
多$213.1M
$68.9M
两年增速更快
AMCR
近两年复合增速
5.0%
损益表 — Q2 2026 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $892.0M |
| 净利润 | $177.0M | $67.2M |
| 毛利率 | 19.1% | 32.0% |
| 营业利润率 | 6.1% | 12.3% |
| 净利率 | 3.2% | 7.5% |
| 营收同比 | 68.1% | -2.8% |
| 净利润同比 | 8.6% | 21.3% |
| 每股收益（稀释后） | $0.38 | $1.22 |
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AMCRFUL
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.7B | $892.0M | ||
| Q2 25 | $5.1B | $898.1M | ||
| Q1 25 | $3.3B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.4B | $917.9M | ||
| Q2 24 | $3.5B | — | ||
| Q1 24 | $3.4B | $810.4M |
净利润AMCRFUL
| Q4 25 | $177.0M | — | ||
| Q3 25 | $262.0M | $67.2M | ||
| Q2 25 | $-39.0M | $41.8M | ||
| Q1 25 | $196.0M | — | ||
| Q4 24 | $163.0M | — | ||
| Q3 24 | $191.0M | $55.4M | ||
| Q2 24 | $257.0M | — | ||
| Q1 24 | $187.0M | $31.0M |
毛利率AMCRFUL
| Q4 25 | 19.1% | — | ||
| Q3 25 | 19.6% | 32.0% | ||
| Q2 25 | 17.6% | 31.9% | ||
| Q1 25 | 19.6% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 19.7% | 30.0% | ||
| Q2 24 | 21.3% | — | ||
| Q1 24 | 20.3% | 29.5% |
营业利润率AMCRFUL
| Q4 25 | 6.1% | — | ||
| Q3 25 | 8.0% | 12.3% | ||
| Q2 25 | 1.7% | 11.1% | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 9.3% | 11.4% | ||
| Q2 24 | 11.2% | — | ||
| Q1 24 | 9.0% | 8.3% |
净利率AMCRFUL
| Q4 25 | 3.2% | — | ||
| Q3 25 | 4.6% | 7.5% | ||
| Q2 25 | -0.8% | 4.7% | ||
| Q1 25 | 5.9% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 5.7% | 6.0% | ||
| Q2 24 | 7.3% | — | ||
| Q1 24 | 5.5% | 3.8% |
每股收益（稀释后）AMCRFUL
| Q4 25 | $0.38 | — | ||
| Q3 25 | $0.11 | $1.22 | ||
| Q2 25 | $-0.06 | $0.76 | ||
| Q1 25 | $0.14 | — | ||
| Q4 24 | $0.11 | — | ||
| Q3 24 | $0.13 | $0.98 | ||
| Q2 24 | $0.18 | — | ||
| Q1 24 | $0.13 | $0.55 |
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 | $122.5M |
| 总债务越低越好 | $14.6B | — |
| 股东权益账面价值 | $11.6B | $2.0B |
| 总资产 | $37.0B | $5.2B |
| 负债/权益比越低杠杆越低 | 1.26× | — |
8季度趋势，按日历期对齐
现金及短期投资AMCRFUL
| Q4 25 | $1.1B | — | ||
| Q3 25 | $825.0M | $122.5M | ||
| Q2 25 | $827.0M | $96.8M | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $445.0M | — | ||
| Q3 24 | $432.0M | $131.4M | ||
| Q2 24 | $588.0M | — | ||
| Q1 24 | $457.0M | $165.2M |
总债务AMCRFUL
| Q4 25 | $14.6B | — | ||
| Q3 25 | $12.8B | — | ||
| Q2 25 | $13.8B | — | ||
| Q1 25 | $8.6B | — | ||
| Q4 24 | $6.8B | — | ||
| Q3 24 | $7.2B | — | ||
| Q2 24 | $6.6B | — | ||
| Q1 24 | $7.1B | — |
股东权益AMCRFUL
| Q4 25 | $11.6B | — | ||
| Q3 25 | $11.7B | $2.0B | ||
| Q2 25 | $11.7B | $1.9B | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.9B | $1.8B | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.9B | $1.8B |
总资产AMCRFUL
| Q4 25 | $37.0B | — | ||
| Q3 25 | $37.1B | $5.2B | ||
| Q2 25 | $37.1B | $5.1B | ||
| Q1 25 | $18.0B | — | ||
| Q4 24 | $16.2B | — | ||
| Q3 24 | $16.9B | $5.0B | ||
| Q2 24 | $16.5B | — | ||
| Q1 24 | $16.7B | $4.7B |
负债/权益比AMCRFUL
| Q4 25 | 1.26× | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.18× | — | ||
| Q1 25 | 2.24× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.83× | — | ||
| Q2 24 | 1.70× | — | ||
| Q1 24 | 1.79× | — |
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 | $99.0M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $68.9M |
| 自由现金流率自由现金流/营收 | 5.2% | 7.7% |
| 资本支出强度资本支出/营收 | 4.1% | 3.4% |
| 现金转化率经营现金流/净利润 | 2.84× | 1.47× |
| 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AMCRFUL
| Q4 25 | $503.0M | — | ||
| Q3 25 | $-133.0M | $99.0M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $117.0M | — | ||
| Q4 24 | $428.0M | — | ||
| Q3 24 | $-269.0M | $169.4M | ||
| Q2 24 | $943.0M | — | ||
| Q1 24 | $150.0M | $47.4M |
自由现金流AMCRFUL
| Q4 25 | $282.0M | — | ||
| Q3 25 | $-371.0M | $68.9M | ||
| Q2 25 | $894.0M | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $330.0M | — | ||
| Q3 24 | $-414.0M | $99.9M | ||
| Q2 24 | $809.0M | — | ||
| Q1 24 | $37.0M | $4.1M |
自由现金流率AMCRFUL
| Q4 25 | 5.2% | — | ||
| Q3 25 | -6.5% | 7.7% | ||
| Q2 25 | 17.6% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 10.2% | — | ||
| Q3 24 | -12.3% | 10.9% | ||
| Q2 24 | 22.9% | — | ||
| Q1 24 | 1.1% | 0.5% |
资本支出强度AMCRFUL
| Q4 25 | 4.1% | — | ||
| Q3 25 | 4.1% | 3.4% | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 4.3% | 7.6% | ||
| Q2 24 | 3.8% | — | ||
| Q1 24 | 3.3% | 5.3% |
现金转化率AMCRFUL
| Q4 25 | 2.84× | — | ||
| Q3 25 | -0.51× | 1.47× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 2.63× | — | ||
| Q3 24 | -1.41× | 3.06× | ||
| Q2 24 | 3.67× | — | ||
| Q1 24 | 0.80× | 1.53× |
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% |
FUL
| Hygiene Health And Consumable Adhesives | $386.1M | 43% |
| Engineering Adhesives | $272.3M | 31% |
| Building Adhesives Solutions | $233.7M | 26% |
