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超威半导体（AMD）与保德信金融（PRU）财务数据对比。点击上方公司名可切换其他公司
保德信金融的季度营收约是超威半导体的1.5倍（$15.7B vs $10.3B），超威半导体净利率更高（14.7% vs 5.8%，领先8.9%），超威半导体同比增速更快（34.1% vs 25.3%），过去两年超威半导体的营收复合增速更高（37.0% vs -18.3%）
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。
保德信金融是美国头部金融服务企业，旗下子公司面向美国及全球40余个国家的零售与机构客户，提供保险、退休规划、投资管理等多元产品与服务。2019年其为美国规模最大的保险提供商，总资产达8151亿美元，同时入选财富世界500强及美国财富500强榜单。
AMD vs PRU — 直观对比
营收规模更大
PRU
是对方的1.5倍
$10.3B
营收增速更快
AMD
高出8.8%
25.3%
净利率更高
AMD
高出8.9%
5.8%
两年增速更快
AMD
近两年复合增速
-18.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.3B | $15.7B |
| 净利润 | $1.5B | $905.0M |
| 毛利率 | 54.3% | — |
| 营业利润率 | 17.1% | 7.7% |
| 净利率 | 14.7% | 5.8% |
| 营收同比 | 34.1% | 25.3% |
| 净利润同比 | 213.5% | 1687.7% |
| 每股收益（稀释后） | $0.92 | $2.54 |
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AMDPRU
| Q4 25 | $10.3B | $15.7B | ||
| Q3 25 | $9.2B | $17.9B | ||
| Q2 25 | $7.7B | $13.7B | ||
| Q1 25 | $7.4B | $13.5B | ||
| Q4 24 | $7.7B | $12.5B | ||
| Q3 24 | $6.8B | $19.5B | ||
| Q2 24 | $5.8B | $14.9B | ||
| Q1 24 | $5.5B | $23.5B |
净利润AMDPRU
| Q4 25 | $1.5B | $905.0M | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $872.0M | $533.0M | ||
| Q1 25 | $709.0M | $707.0M | ||
| Q4 24 | $482.0M | $-57.0M | ||
| Q3 24 | $771.0M | $448.0M | ||
| Q2 24 | $265.0M | $1.2B | ||
| Q1 24 | $123.0M | $1.1B |
毛利率AMDPRU
| 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% | — | ||
| Q1 24 | 46.8% | — |
营业利润率AMDPRU
| Q4 25 | 17.1% | 7.7% | ||
| Q3 25 | 13.7% | 10.0% | ||
| Q2 25 | -1.7% | 5.4% | ||
| Q1 25 | 10.8% | 6.8% | ||
| Q4 24 | 11.4% | -1.2% | ||
| Q3 24 | 10.6% | 2.8% | ||
| Q2 24 | 4.6% | 9.5% | ||
| Q1 24 | 0.7% | 5.9% |
净利率AMDPRU
| Q4 25 | 14.7% | 5.8% | ||
| Q3 25 | 13.4% | 8.0% | ||
| Q2 25 | 11.3% | 3.9% | ||
| Q1 25 | 9.5% | 5.2% | ||
| Q4 24 | 6.3% | -0.5% | ||
| Q3 24 | 11.3% | 2.3% | ||
| Q2 24 | 4.5% | 8.0% | ||
| Q1 24 | 2.2% | 4.8% |
每股收益（稀释后）AMDPRU
| Q4 25 | $0.92 | $2.54 | ||
| Q3 25 | $0.75 | $4.01 | ||
| Q2 25 | $0.54 | $1.48 | ||
| Q1 25 | $0.44 | $1.96 | ||
| Q4 24 | $0.30 | $-0.14 | ||
| Q3 24 | $0.47 | $1.24 | ||
| Q2 24 | $0.16 | $3.28 | ||
| Q1 24 | $0.07 | $3.12 |
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 | $19.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $63.0B | $32.4B |
| 总资产 | $76.9B | $773.7B |
| 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AMDPRU
| Q4 25 | $10.6B | $19.7B | ||
| Q3 25 | $7.2B | $17.5B | ||
| Q2 25 | $5.9B | $16.6B | ||
| Q1 25 | $7.3B | $16.1B | ||
| Q4 24 | $5.1B | $18.5B | ||
| Q3 24 | $4.5B | $20.2B | ||
| Q2 24 | $5.3B | $17.1B | ||
| Q1 24 | $6.0B | $18.7B |
股东权益AMDPRU
| Q4 25 | $63.0B | $32.4B | ||
| Q3 25 | $60.8B | $32.1B | ||
| Q2 25 | $59.7B | $30.6B | ||
| Q1 25 | $57.9B | $29.9B | ||
| Q4 24 | $57.6B | $27.9B | ||
| Q3 24 | $57.0B | $30.4B | ||
| Q2 24 | $56.5B | $28.0B | ||
| Q1 24 | $56.2B | $27.2B |
总资产AMDPRU
| Q4 25 | $76.9B | $773.7B | ||
| Q3 25 | $76.9B | $776.3B | ||
| Q2 25 | $74.8B | $759.0B | ||
| Q1 25 | $71.5B | $739.3B | ||
| Q4 24 | $69.2B | $735.6B | ||
| Q3 24 | $69.6B | $760.3B | ||
| Q2 24 | $67.9B | $715.2B | ||
| Q1 24 | $67.9B | $725.8B |
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 | $3.3B |
| 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× | 3.67× |
| 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AMDPRU
| Q4 25 | $2.6B | $3.3B | ||
| Q3 25 | $2.2B | $4.3B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $939.0M | $-2.5B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $628.0M | $1.1B | ||
| Q2 24 | $593.0M | $-146.0M | ||
| Q1 24 | $521.0M | $5.2B |
自由现金流AMDPRU
| Q4 25 | $2.4B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $727.0M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $496.0M | — | ||
| Q2 24 | $439.0M | — | ||
| Q1 24 | $379.0M | — |
自由现金流率AMDPRU
| Q4 25 | 23.2% | — | ||
| Q3 25 | 20.6% | — | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 9.8% | — | ||
| Q4 24 | 14.2% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 6.9% | — |
资本支出强度AMDPRU
| Q4 25 | 2.2% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | 2.6% | — |
现金转化率AMDPRU
| Q4 25 | 1.72× | 3.67× | ||
| Q3 25 | 1.74× | 3.00× | ||
| Q2 25 | 2.31× | 2.18× | ||
| Q1 25 | 1.32× | -3.54× | ||
| Q4 24 | 2.70× | — | ||
| Q3 24 | 0.81× | 2.47× | ||
| Q2 24 | 2.24× | -0.12× | ||
| Q1 24 | 4.24× | 4.59× |
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% |
PRU
| Other | $8.5B | 54% |
| International Insurance Division | $4.4B | 28% |
| US Businesses Division | $1.6B | 10% |
| PGIM Division | $1.1B | 7% |
| Trading | $51.0M | 0% |
