vs
超威半导体（AMD）与HCA Healthcare（HCA）财务数据对比。点击上方公司名可切换其他公司
HCA Healthcare的季度营收约是超威半导体的1.9倍（$19.1B vs $10.3B），超威半导体净利率更高（14.7% vs 9.7%，领先5.0%），超威半导体同比增速更快（34.1% vs 4.3%），过去两年超威半导体的营收复合增速更高（37.0% vs 4.5%）
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。
HCA Healthcare是1968年成立的美国营利性医疗服务运营商，总部位于田纳西州纳什维尔。截至2020年5月，其在全美20个州及英国运营186家医院，以及手术中心、独立急诊室、急症护理中心、医师诊所等约2400个各类医疗站点，业务覆盖范围广泛。
AMD vs HCA — 直观对比
营收规模更大
HCA
是对方的1.9倍
$10.3B
营收增速更快
AMD
高出29.8%
4.3%
净利率更高
AMD
高出5.0%
9.7%
两年增速更快
AMD
近两年复合增速
4.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $19.1B |
| 净利润 | $1.5B | $1.9B |
| 毛利率 | 54.3% | — |
| 营业利润率 | 17.1% | — |
| 净利率 | 14.7% | 9.7% |
| 营收同比 | 34.1% | 4.3% |
| 净利润同比 | 213.5% | 1.8% |
| 每股收益（稀释后） | $0.92 | $7.15 |
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AMDHCA
| Q1 26 | — | $19.1B | ||
| Q4 25 | $10.3B | $19.5B | ||
| Q3 25 | $9.2B | $19.2B | ||
| Q2 25 | $7.7B | $18.6B | ||
| Q1 25 | $7.4B | $18.3B | ||
| Q4 24 | $7.7B | $18.3B | ||
| Q3 24 | $6.8B | $17.5B | ||
| Q2 24 | $5.8B | $17.5B |
净利润AMDHCA
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.5B | $1.9B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $872.0M | $1.7B | ||
| Q1 25 | $709.0M | $1.6B | ||
| Q4 24 | $482.0M | $1.4B | ||
| Q3 24 | $771.0M | $1.3B | ||
| Q2 24 | $265.0M | $1.5B |
毛利率AMDHCA
| Q1 26 | — | — | ||
| Q4 25 | 54.3% | — | ||
| Q3 25 | 51.7% | — | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 50.2% | — | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 50.1% | — | ||
| Q2 24 | 49.1% | — |
营业利润率AMDHCA
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 13.7% | ||
| Q3 25 | 13.7% | 12.6% | ||
| Q2 25 | -1.7% | 13.0% | ||
| Q1 25 | 10.8% | 12.7% | ||
| Q4 24 | 11.4% | 11.7% | ||
| Q3 24 | 10.6% | 10.9% | ||
| Q2 24 | 4.6% | 12.8% |
净利率AMDHCA
| Q1 26 | — | 9.7% | ||
| Q4 25 | 14.7% | 9.6% | ||
| Q3 25 | 13.4% | 8.6% | ||
| Q2 25 | 11.3% | 8.9% | ||
| Q1 25 | 9.5% | 8.8% | ||
| Q4 24 | 6.3% | 7.9% | ||
| Q3 24 | 11.3% | 7.3% | ||
| Q2 24 | 4.5% | 8.4% |
每股收益（稀释后）AMDHCA
| Q1 26 | — | $7.15 | ||
| Q4 25 | $0.92 | $8.09 | ||
| Q3 25 | $0.75 | $6.96 | ||
| Q2 25 | $0.54 | $6.83 | ||
| Q1 25 | $0.44 | $6.45 | ||
| Q4 24 | $0.30 | $5.66 | ||
| Q3 24 | $0.47 | $4.88 | ||
| Q2 24 | $0.16 | $5.53 |
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 | $940.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $63.0B | — |
| 总资产 | $76.9B | $19.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AMDHCA
| Q1 26 | — | $940.0M | ||
| Q4 25 | $10.6B | $1.0B | ||
| Q3 25 | $7.2B | $997.0M | ||
| Q2 25 | $5.9B | $939.0M | ||
| Q1 25 | $7.3B | $1.1B | ||
| Q4 24 | $5.1B | $1.9B | ||
| Q3 24 | $4.5B | $2.9B | ||
| Q2 24 | $5.3B | $831.0M |
总债务AMDHCA
| Q1 26 | — | — | ||
| Q4 25 | — | $44.3B | ||
| Q3 25 | — | $42.6B | ||
| Q2 25 | — | $42.7B | ||
| Q1 25 | — | $44.6B | ||
| Q4 24 | — | $43.0B | ||
| Q3 24 | — | $43.0B | ||
| Q2 24 | — | $40.9B |
股东权益AMDHCA
| Q1 26 | — | — | ||
| Q4 25 | $63.0B | $-6.0B | ||
| Q3 25 | $60.8B | $-5.3B | ||
| Q2 25 | $59.7B | $-4.4B | ||
| Q1 25 | $57.9B | $-3.5B | ||
| Q4 24 | $57.6B | $-2.5B | ||
| Q3 24 | $57.0B | $-2.2B | ||
| Q2 24 | $56.5B | $-1.6B |
总资产AMDHCA
| Q1 26 | — | $19.3B | ||
| Q4 25 | $76.9B | $60.7B | ||
| Q3 25 | $76.9B | $59.7B | ||
| Q2 25 | $74.8B | $59.5B | ||
| Q1 25 | $71.5B | $59.8B | ||
| Q4 24 | $69.2B | $59.5B | ||
| Q3 24 | $69.6B | $59.5B | ||
| Q2 24 | $67.9B | $57.4B |
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 | $2.0B |
| 自由现金流经营现金流 - 资本支出 | $2.4B | — |
| 自由现金流率自由现金流/营收 | 23.2% | — |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 1.72× | 1.08× |
| 过去12个月自由现金流最近4个季度 | $6.7B | — |
8季度趋势，按日历期对齐
经营现金流AMDHCA
| Q1 26 | — | $2.0B | ||
| Q4 25 | $2.6B | $2.4B | ||
| Q3 25 | $2.2B | $4.4B | ||
| Q2 25 | $2.0B | $4.2B | ||
| Q1 25 | $939.0M | $1.7B | ||
| Q4 24 | $1.3B | $2.6B | ||
| Q3 24 | $628.0M | $3.5B | ||
| Q2 24 | $593.0M | $2.0B |
自由现金流AMDHCA
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $870.0M | ||
| Q3 25 | $1.9B | $3.1B | ||
| Q2 25 | $1.7B | $3.0B | ||
| Q1 25 | $727.0M | $660.0M | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $496.0M | $2.3B | ||
| Q2 24 | $439.0M | $690.0M |
自由现金流率AMDHCA
| Q1 26 | — | — | ||
| Q4 25 | 23.2% | 4.5% | ||
| Q3 25 | 20.6% | 16.3% | ||
| Q2 25 | 22.5% | 16.3% | ||
| Q1 25 | 9.8% | 3.6% | ||
| Q4 24 | 14.2% | 7.0% | ||
| Q3 24 | 7.3% | 13.3% | ||
| Q2 24 | 7.5% | 3.9% |
资本支出强度AMDHCA
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 7.6% | ||
| Q3 25 | 2.8% | 6.7% | ||
| Q2 25 | 3.7% | 6.3% | ||
| Q1 25 | 2.9% | 5.4% | ||
| Q4 24 | 2.7% | 7.0% | ||
| Q3 24 | 1.9% | 6.8% | ||
| Q2 24 | 2.6% | 7.3% |
现金转化率AMDHCA
| Q1 26 | — | 1.08× | ||
| Q4 25 | 1.72× | 1.26× | ||
| Q3 25 | 1.74× | 2.69× | ||
| Q2 25 | 2.31× | 2.55× | ||
| Q1 25 | 1.32× | 1.03× | ||
| Q4 24 | 2.70× | 1.78× | ||
| Q3 24 | 0.81× | 2.77× | ||
| Q2 24 | 2.24× | 1.35× |
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% |
HCA
暂无分部数据
