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超威半导体（AMD）与安波福（APTV）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安波福的2.0倍（$10.3B vs $5.2B），超威半导体净利率更高（14.7% vs 2.7%，领先12.0%），超威半导体同比增速更快（34.1% vs 5.0%），超威半导体自由现金流更多（$2.4B vs $651.0M），过去两年超威半导体的营收复合增速更高（37.0% vs 2.5%）
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。
安波福（Aptiv）是源自美国的全球知名汽车技术供应商，总部设于瑞士沙夫豪森。其前身是通用汽车旗下的零部件业务板块，后独立为德尔福汽车系统，经业务拆分重组后正式成立安波福，服务全球各大整车制造企业。
AMD vs APTV — 直观对比
营收规模更大
AMD
是对方的2.0倍
$5.2B
营收增速更快
AMD
高出29.1%
5.0%
净利率更高
AMD
高出12.0%
2.7%
自由现金流更多
AMD
多$1.7B
$651.0M
两年增速更快
AMD
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $5.2B |
| 净利润 | $1.5B | $138.0M |
| 毛利率 | 54.3% | 18.7% |
| 营业利润率 | 17.1% | 8.2% |
| 净利率 | 14.7% | 2.7% |
| 营收同比 | 34.1% | 5.0% |
| 净利润同比 | 213.5% | -48.5% |
| 每股收益（稀释后） | $0.92 | $0.63 |
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AMDAPTV
| Q4 25 | $10.3B | $5.2B | ||
| Q3 25 | $9.2B | $5.2B | ||
| Q2 25 | $7.7B | $5.2B | ||
| Q1 25 | $7.4B | $4.8B | ||
| Q4 24 | $7.7B | $4.9B | ||
| Q3 24 | $6.8B | $4.9B | ||
| Q2 24 | $5.8B | $5.1B | ||
| Q1 24 | $5.5B | $4.9B |
净利润AMDAPTV
| Q4 25 | $1.5B | $138.0M | ||
| Q3 25 | $1.2B | $-355.0M | ||
| Q2 25 | $872.0M | $393.0M | ||
| Q1 25 | $709.0M | $-11.0M | ||
| Q4 24 | $482.0M | $268.0M | ||
| Q3 24 | $771.0M | $363.0M | ||
| Q2 24 | $265.0M | $938.0M | ||
| Q1 24 | $123.0M | $218.0M |
毛利率AMDAPTV
| Q4 25 | 54.3% | 18.7% | ||
| Q3 25 | 51.7% | 19.5% | ||
| Q2 25 | 39.8% | 19.1% | ||
| Q1 25 | 50.2% | 19.1% | ||
| Q4 24 | 50.7% | 19.6% | ||
| Q3 24 | 50.1% | 18.6% | ||
| Q2 24 | 49.1% | 19.2% | ||
| Q1 24 | 46.8% | 17.9% |
营业利润率AMDAPTV
| Q4 25 | 17.1% | 8.2% | ||
| Q3 25 | 13.7% | -3.4% | ||
| Q2 25 | -1.7% | 9.3% | ||
| Q1 25 | 10.8% | 9.3% | ||
| Q4 24 | 11.4% | 9.8% | ||
| Q3 24 | 10.6% | 10.4% | ||
| Q2 24 | 4.6% | 8.7% | ||
| Q1 24 | 0.7% | 8.5% |
净利率AMDAPTV
| Q4 25 | 14.7% | 2.7% | ||
| Q3 25 | 13.4% | -6.8% | ||
| Q2 25 | 11.3% | 7.5% | ||
| Q1 25 | 9.5% | -0.2% | ||
| Q4 24 | 6.3% | 5.5% | ||
| Q3 24 | 11.3% | 7.5% | ||
| Q2 24 | 4.5% | 18.6% | ||
| Q1 24 | 2.2% | 4.4% |
每股收益（稀释后）AMDAPTV
| Q4 25 | $0.92 | $0.63 | ||
| Q3 25 | $0.75 | $-1.63 | ||
| Q2 25 | $0.54 | $1.80 | ||
| Q1 25 | $0.44 | $-0.05 | ||
| Q4 24 | $0.30 | $1.22 | ||
| Q3 24 | $0.47 | $1.48 | ||
| Q2 24 | $0.16 | $3.47 | ||
| Q1 24 | $0.07 | $0.79 |
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 | $1.9B |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $63.0B | $9.2B |
| 总资产 | $76.9B | $23.4B |
| 负债/权益比越低杠杆越低 | — | 0.81× |
8季度趋势，按日历期对齐
现金及短期投资AMDAPTV
| Q4 25 | $10.6B | $1.9B | ||
| Q3 25 | $7.2B | $1.6B | ||
| Q2 25 | $5.9B | $1.4B | ||
| Q1 25 | $7.3B | $1.1B | ||
| Q4 24 | $5.1B | $1.6B | ||
| Q3 24 | $4.5B | $1.8B | ||
| Q2 24 | $5.3B | $2.2B | ||
| Q1 24 | $6.0B | $941.0M |
总债务AMDAPTV
| Q4 25 | — | $7.5B | ||
| Q3 25 | — | $7.6B | ||
| Q2 25 | — | $7.8B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $7.8B | ||
| Q3 24 | — | $8.3B | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.7B |
股东权益AMDAPTV
| Q4 25 | $63.0B | $9.2B | ||
| Q3 25 | $60.8B | $9.3B | ||
| Q2 25 | $59.7B | $9.7B | ||
| Q1 25 | $57.9B | $9.0B | ||
| Q4 24 | $57.6B | $8.8B | ||
| Q3 24 | $57.0B | $8.9B | ||
| Q2 24 | $56.5B | $11.5B | ||
| Q1 24 | $56.2B | $11.1B |
总资产AMDAPTV
| Q4 25 | $76.9B | $23.4B | ||
| Q3 25 | $76.9B | $23.5B | ||
| Q2 25 | $74.8B | $23.9B | ||
| Q1 25 | $71.5B | $23.1B | ||
| Q4 24 | $69.2B | $23.5B | ||
| Q3 24 | $69.6B | $24.8B | ||
| Q2 24 | $67.9B | $24.8B | ||
| Q1 24 | $67.9B | $23.6B |
负债/权益比AMDAPTV
| Q4 25 | — | 0.81× | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.85× | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 0.48× | ||
| Q1 24 | — | 0.42× |
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 | $818.0M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $651.0M |
| 自由现金流率自由现金流/营收 | 23.2% | 12.6% |
| 资本支出强度资本支出/营收 | 2.2% | 3.2% |
| 现金转化率经营现金流/净利润 | 1.72× | 5.93× |
| 过去12个月自由现金流最近4个季度 | $6.7B | $1.5B |
8季度趋势，按日历期对齐
经营现金流AMDAPTV
| Q4 25 | $2.6B | $818.0M | ||
| Q3 25 | $2.2B | $584.0M | ||
| Q2 25 | $2.0B | $510.0M | ||
| Q1 25 | $939.0M | $273.0M | ||
| Q4 24 | $1.3B | $1.1B | ||
| Q3 24 | $628.0M | $499.0M | ||
| Q2 24 | $593.0M | $643.0M | ||
| Q1 24 | $521.0M | $244.0M |
自由现金流AMDAPTV
| Q4 25 | $2.4B | $651.0M | ||
| Q3 25 | $1.9B | $441.0M | ||
| Q2 25 | $1.7B | $361.0M | ||
| Q1 25 | $727.0M | $76.0M | ||
| Q4 24 | $1.1B | $894.0M | ||
| Q3 24 | $496.0M | $326.0M | ||
| Q2 24 | $439.0M | $417.0M | ||
| Q1 24 | $379.0M | $-21.0M |
自由现金流率AMDAPTV
| Q4 25 | 23.2% | 12.6% | ||
| Q3 25 | 20.6% | 8.5% | ||
| Q2 25 | 22.5% | 6.9% | ||
| Q1 25 | 9.8% | 1.6% | ||
| Q4 24 | 14.2% | 18.2% | ||
| Q3 24 | 7.3% | 6.7% | ||
| Q2 24 | 7.5% | 8.3% | ||
| Q1 24 | 6.9% | -0.4% |
资本支出强度AMDAPTV
| Q4 25 | 2.2% | 3.2% | ||
| Q3 25 | 2.8% | 2.7% | ||
| Q2 25 | 3.7% | 2.9% | ||
| Q1 25 | 2.9% | 4.1% | ||
| Q4 24 | 2.7% | 3.4% | ||
| Q3 24 | 1.9% | 3.6% | ||
| Q2 24 | 2.6% | 4.5% | ||
| Q1 24 | 2.6% | 5.4% |
现金转化率AMDAPTV
| Q4 25 | 1.72× | 5.93× | ||
| Q3 25 | 1.74× | — | ||
| Q2 25 | 2.31× | 1.30× | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 2.70× | 3.96× | ||
| Q3 24 | 0.81× | 1.37× | ||
| Q2 24 | 2.24× | 0.69× | ||
| Q1 24 | 4.24× | 1.12× |
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% |
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
