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超威半导体（AMD）与AUTONATION, INC.（AN）财务数据对比。点击上方公司名可切换其他公司
超威半导体的季度营收约是AUTONATION, INC.的1.5倍（$10.3B vs $6.9B），超威半导体净利率更高（14.7% vs 2.5%，领先12.2%），超威半导体同比增速更快（34.1% vs -3.9%），超威半导体自由现金流更多（$2.4B vs $64.2M），过去两年超威半导体的营收复合增速更高（37.0% vs 3.4%）
超威半导体（AMD）是总部位于美国加利福尼亚州圣克拉拉的跨国半导体企业，专注研发生产面向数据中心、游戏、个人电脑、嵌入式系统的高性能CPU、GPU及自适应片上系统，旗下拥有锐龙、霄龙、镭龙、Instinct等核心产品线，2022年收购赛灵思后拓展了FPGA及自适应计算业务，直接与英特尔、英伟达展开竞争。
AutoNation是总部位于美国佛罗里达州劳德代尔堡的汽车零售企业，1996年由韦恩·休伊森创立，最初仅拥有12家门店，目前在全美运营超300个零售网点，提供新车、二手车销售及相关配套服务。
AMD vs AN — 直观对比
营收规模更大
AMD
是对方的1.5倍
$6.9B
营收增速更快
AMD
高出38.0%
-3.9%
净利率更高
AMD
高出12.2%
2.5%
自由现金流更多
AMD
多$2.3B
$64.2M
两年增速更快
AMD
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $6.9B |
| 净利润 | $1.5B | $172.1M |
| 毛利率 | 54.3% | 17.5% |
| 营业利润率 | 17.1% | 4.5% |
| 净利率 | 14.7% | 2.5% |
| 营收同比 | 34.1% | -3.9% |
| 净利润同比 | 213.5% | -7.5% |
| 每股收益（稀释后） | $0.92 | $4.68 |
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AMDAN
| Q4 25 | $10.3B | $6.9B | ||
| Q3 25 | $9.2B | $7.0B | ||
| Q2 25 | $7.7B | $7.0B | ||
| Q1 25 | $7.4B | $6.7B | ||
| Q4 24 | $7.7B | $7.2B | ||
| Q3 24 | $6.8B | $6.6B | ||
| Q2 24 | $5.8B | $6.5B | ||
| Q1 24 | $5.5B | $6.5B |
净利润AMDAN
| Q4 25 | $1.5B | $172.1M | ||
| Q3 25 | $1.2B | $215.1M | ||
| Q2 25 | $872.0M | $86.4M | ||
| Q1 25 | $709.0M | $175.5M | ||
| Q4 24 | $482.0M | $186.1M | ||
| Q3 24 | $771.0M | $185.8M | ||
| Q2 24 | $265.0M | $130.2M | ||
| Q1 24 | $123.0M | $190.1M |
毛利率AMDAN
| Q4 25 | 54.3% | 17.5% | ||
| Q3 25 | 51.7% | 17.6% | ||
| Q2 25 | 39.8% | 18.3% | ||
| Q1 25 | 50.2% | 18.2% | ||
| Q4 24 | 50.7% | 17.2% | ||
| Q3 24 | 50.1% | 18.0% | ||
| Q2 24 | 49.1% | 17.9% | ||
| Q1 24 | 46.8% | 18.5% |
营业利润率AMDAN
| Q4 25 | 17.1% | 4.5% | ||
| Q3 25 | 13.7% | 5.3% | ||
| Q2 25 | -1.7% | 3.1% | ||
| Q1 25 | 10.8% | 5.0% | ||
| Q4 24 | 11.4% | 4.7% | ||
| Q3 24 | 10.6% | 5.3% | ||
| Q2 24 | 4.6% | 4.2% | ||
| Q1 24 | 0.7% | 5.2% |
净利率AMDAN
| Q4 25 | 14.7% | 2.5% | ||
| Q3 25 | 13.4% | 3.1% | ||
| Q2 25 | 11.3% | 1.2% | ||
| Q1 25 | 9.5% | 2.6% | ||
| Q4 24 | 6.3% | 2.6% | ||
| Q3 24 | 11.3% | 2.8% | ||
| Q2 24 | 4.5% | 2.0% | ||
| Q1 24 | 2.2% | 2.9% |
每股收益（稀释后）AMDAN
| Q4 25 | $0.92 | $4.68 | ||
| Q3 25 | $0.75 | $5.65 | ||
| Q2 25 | $0.54 | $2.26 | ||
| Q1 25 | $0.44 | $4.45 | ||
| Q4 24 | $0.30 | $4.62 | ||
| Q3 24 | $0.47 | $4.61 | ||
| Q2 24 | $0.16 | $3.20 | ||
| Q1 24 | $0.07 | $4.49 |
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 | $10.6B | $58.6M |
| 总债务越低越好 | — | $3.7B |
| 股东权益账面价值 | $63.0B | $2.3B |
| 总资产 | $76.9B | $14.4B |
| 负债/权益比越低杠杆越低 | — | 1.58× |
8季度趋势，按日历期对齐
现金及短期投资AMDAN
| Q4 25 | $10.6B | $58.6M | ||
| Q3 25 | $7.2B | $97.6M | ||
| Q2 25 | $5.9B | $62.9M | ||
| Q1 25 | $7.3B | $70.5M | ||
| Q4 24 | $5.1B | $59.8M | ||
| Q3 24 | $4.5B | $60.2M | ||
| Q2 24 | $5.3B | $85.9M | ||
| Q1 24 | $6.0B | $60.3M |
总债务AMDAN
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $3.1B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.1B |
股东权益AMDAN
| Q4 25 | $63.0B | $2.3B | ||
| Q3 25 | $60.8B | $2.5B | ||
| Q2 25 | $59.7B | $2.5B | ||
| Q1 25 | $57.9B | $2.4B | ||
| Q4 24 | $57.6B | $2.5B | ||
| Q3 24 | $57.0B | $2.4B | ||
| Q2 24 | $56.5B | $2.2B | ||
| Q1 24 | $56.2B | $2.4B |
总资产AMDAN
| Q4 25 | $76.9B | $14.4B | ||
| Q3 25 | $76.9B | $14.2B | ||
| Q2 25 | $74.8B | $13.6B | ||
| Q1 25 | $71.5B | $13.3B | ||
| Q4 24 | $69.2B | $13.0B | ||
| Q3 24 | $69.6B | $12.9B | ||
| Q2 24 | $67.9B | $12.8B | ||
| Q1 24 | $67.9B | $12.0B |
负债/权益比AMDAN
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.29× | ||
| Q4 24 | — | 1.06× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.43× | ||
| Q1 24 | — | 1.32× |
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 | $2.6B | $150.5M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $64.2M |
| 自由现金流率自由现金流/营收 | 23.2% | 0.9% |
| 资本支出强度资本支出/营收 | 2.2% | 1.2% |
| 现金转化率经营现金流/净利润 | 1.72× | 0.87× |
| 过去12个月自由现金流最近4个季度 | $6.7B | $-197.5M |
8季度趋势，按日历期对齐
经营现金流AMDAN
| Q4 25 | $2.6B | $150.5M | ||
| Q3 25 | $2.2B | $191.7M | ||
| Q2 25 | $2.0B | $-177.8M | ||
| Q1 25 | $939.0M | $-52.5M | ||
| Q4 24 | $1.3B | $149.8M | ||
| Q3 24 | $628.0M | $-70.0M | ||
| Q2 24 | $593.0M | $-59.6M | ||
| Q1 24 | $521.0M | $294.5M |
自由现金流AMDAN
| Q4 25 | $2.4B | $64.2M | ||
| Q3 25 | $1.9B | $122.8M | ||
| Q2 25 | $1.7B | $-256.8M | ||
| Q1 25 | $727.0M | $-127.7M | ||
| Q4 24 | $1.1B | $83.5M | ||
| Q3 24 | $496.0M | $-151.0M | ||
| Q2 24 | $439.0M | $-147.1M | ||
| Q1 24 | $379.0M | $200.8M |
自由现金流率AMDAN
| Q4 25 | 23.2% | 0.9% | ||
| Q3 25 | 20.6% | 1.7% | ||
| Q2 25 | 22.5% | -3.7% | ||
| Q1 25 | 9.8% | -1.9% | ||
| Q4 24 | 14.2% | 1.2% | ||
| Q3 24 | 7.3% | -2.3% | ||
| Q2 24 | 7.5% | -2.3% | ||
| Q1 24 | 6.9% | 3.1% |
资本支出强度AMDAN
| Q4 25 | 2.2% | 1.2% | ||
| Q3 25 | 2.8% | 1.0% | ||
| Q2 25 | 3.7% | 1.1% | ||
| Q1 25 | 2.9% | 1.1% | ||
| Q4 24 | 2.7% | 0.9% | ||
| Q3 24 | 1.9% | 1.2% | ||
| Q2 24 | 2.6% | 1.4% | ||
| Q1 24 | 2.6% | 1.4% |
现金转化率AMDAN
| Q4 25 | 1.72× | 0.87× | ||
| Q3 25 | 1.74× | 0.89× | ||
| Q2 25 | 2.31× | -2.06× | ||
| Q1 25 | 1.32× | -0.30× | ||
| Q4 24 | 2.70× | 0.80× | ||
| Q3 24 | 0.81× | -0.38× | ||
| Q2 24 | 2.24× | -0.46× | ||
| Q1 24 | 4.24× | 1.55× |
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
AMD
| Other | $5.4B | 52% |
| Client | $3.1B | 30% |
| Embedded | $950.0M | 9% |
| Gaming | $843.0M | 8% |
AN
| New Vehicle | $3.4B | 50% |
| Transferred At Point In Time | $1.7B | 24% |
| Parts And Service | $1.2B | 18% |
| Finance And Insurance Net | $369.4M | 5% |
| Transferred Over Time | $221.4M | 3% |
| Other | $3.5M | 0% |
