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Ametek（AME）与BRUNSWICK CORP（BC）财务数据对比。点击上方公司名可切换其他公司
Ametek的季度营收约是BRUNSWICK CORP的1.5倍（$2.0B vs $1.3B）。Ametek净利率更高（19.9% vs 1.4%，领先18.5%）。BRUNSWICK CORP同比增速更快（15.5% vs 13.4%）。Ametek自由现金流更多（$527.3M vs $83.6M）。过去两年Ametek的营收复合增速更高（7.3% vs -1.1%）
AMETEK Inc.是美国跨国综合企业，为全球知名的电子仪器及机电设备设计商与制造商，总部位于美国，在全球范围内设有超过150个运营站点，业务覆盖多个国家和地区，为各行业客户提供高性能的相关产品及配套解决方案。
美国Brunswick公司创立于1845年，专注于多品类产品的研发、生产与营销，旗下拥有知名海事品牌水星海事（Mercury Marine）等多个品牌。目前集团在24个国家拥有超1.3万名员工，2024年销售额达52亿美元，全球总部位于伊利诺伊州芝加哥北郊的梅塔瓦。
AME vs BC — 直观对比
营收规模更大
AME
是对方的1.5倍
$1.3B
营收增速更快
BC
高出2.0%
13.4%
净利率更高
AME
高出18.5%
1.4%
自由现金流更多
AME
多$443.7M
$83.6M
两年增速更快
AME
近两年复合增速
-1.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.3B |
| 净利润 | $398.6M | $18.7M |
| 毛利率 | 36.0% | 23.1% |
| 营业利润率 | 25.3% | 3.1% |
| 净利率 | 19.9% | 1.4% |
| 营收同比 | 13.4% | 15.5% |
| 净利润同比 | 2.9% | 122.7% |
| 每股收益（稀释后） | $1.73 | $0.32 |
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AMEBC
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $1.9B | $1.4B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | $1.7B | $1.4B |
净利润AMEBC
| Q4 25 | $398.6M | $18.7M | ||
| Q3 25 | $371.4M | $-235.5M | ||
| Q2 25 | $358.4M | $59.3M | ||
| Q1 25 | $351.8M | $20.2M | ||
| Q4 24 | $387.3M | $-82.5M | ||
| Q3 24 | $340.2M | $44.6M | ||
| Q2 24 | $337.7M | $100.0M | ||
| Q1 24 | $310.9M | $68.0M |
毛利率AMEBC
| Q4 25 | 36.0% | 23.1% | ||
| Q3 25 | 36.3% | 25.8% | ||
| Q2 25 | 35.8% | 25.5% | ||
| Q1 25 | 36.1% | 24.9% | ||
| Q4 24 | 36.6% | 21.9% | ||
| Q3 24 | 36.0% | 26.2% | ||
| Q2 24 | 36.0% | 27.1% | ||
| Q1 24 | 34.1% | 27.4% |
营业利润率AMEBC
| Q4 25 | 25.3% | 3.1% | ||
| Q3 25 | 25.8% | -17.8% | ||
| Q2 25 | 26.0% | 7.1% | ||
| Q1 25 | 26.3% | 4.6% | ||
| Q4 24 | 26.6% | -4.8% | ||
| Q3 24 | 26.1% | 7.7% | ||
| Q2 24 | 25.8% | 11.0% | ||
| Q1 24 | 24.0% | 8.1% |
净利率AMEBC
| Q4 25 | 19.9% | 1.4% | ||
| Q3 25 | 19.6% | -17.3% | ||
| Q2 25 | 20.2% | 4.1% | ||
| Q1 25 | 20.3% | 1.7% | ||
| Q4 24 | 22.0% | -7.1% | ||
| Q3 24 | 19.9% | 3.5% | ||
| Q2 24 | 19.5% | 6.9% | ||
| Q1 24 | 17.9% | 5.0% |
每股收益（稀释后）AMEBC
| Q4 25 | $1.73 | $0.32 | ||
| Q3 25 | $1.60 | $-3.59 | ||
| Q2 25 | $1.55 | $0.89 | ||
| Q1 25 | $1.52 | $0.30 | ||
| Q4 24 | $1.67 | $-1.21 | ||
| Q3 24 | $1.47 | $0.67 | ||
| Q2 24 | $1.45 | $1.48 | ||
| Q1 24 | $1.34 | $0.99 |
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 | $458.0M | $256.8M |
| 总债务越低越好 | $2.3B | $2.1B |
| 股东权益账面价值 | $10.6B | $1.6B |
| 总资产 | $16.1B | $5.3B |
| 负债/权益比越低杠杆越低 | 0.21× | 1.30× |
8季度趋势，按日历期对齐
现金及短期投资AMEBC
| Q4 25 | $458.0M | $256.8M | ||
| Q3 25 | $439.2M | $297.7M | ||
| Q2 25 | $619.7M | $315.7M | ||
| Q1 25 | $399.0M | $286.7M | ||
| Q4 24 | $374.0M | $269.0M | ||
| Q3 24 | $396.3M | $284.1M | ||
| Q2 24 | $396.6M | $494.5M | ||
| Q1 24 | $373.8M | $548.4M |
总债务AMEBC
| Q4 25 | $2.3B | $2.1B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1B | $2.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AMEBC
| Q4 25 | $10.6B | $1.6B | ||
| Q3 25 | $10.5B | $1.6B | ||
| Q2 25 | $10.4B | $1.9B | ||
| Q1 25 | $10.0B | $1.9B | ||
| Q4 24 | $9.7B | $1.9B | ||
| Q3 24 | $9.6B | $2.0B | ||
| Q2 24 | $9.3B | $2.0B | ||
| Q1 24 | $9.0B | $2.0B |
总资产AMEBC
| Q4 25 | $16.1B | $5.3B | ||
| Q3 25 | $16.2B | $5.4B | ||
| Q2 25 | $15.3B | $5.8B | ||
| Q1 25 | $14.9B | $5.9B | ||
| Q4 24 | $14.6B | $5.7B | ||
| Q3 24 | $14.8B | $6.0B | ||
| Q2 24 | $14.8B | $6.4B | ||
| Q1 24 | $14.9B | $6.5B |
负债/权益比AMEBC
| Q4 25 | 0.21× | 1.30× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.22× | 1.25× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $584.3M | $132.9M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $83.6M |
| 自由现金流率自由现金流/营收 | 26.4% | 6.3% |
| 资本支出强度资本支出/营收 | 2.9% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.47× | 7.11× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $396.3M |
8季度趋势，按日历期对齐
经营现金流AMEBC
| Q4 25 | $584.3M | $132.9M | ||
| Q3 25 | $440.9M | $140.4M | ||
| Q2 25 | $359.1M | $316.2M | ||
| Q1 25 | $417.5M | $-27.4M | ||
| Q4 24 | $550.0M | $306.4M | ||
| Q3 24 | $487.2M | $67.4M | ||
| Q2 24 | $381.4M | $211.0M | ||
| Q1 24 | $410.2M | $-153.4M |
自由现金流AMEBC
| Q4 25 | $527.3M | $83.6M | ||
| Q3 25 | $420.0M | $106.5M | ||
| Q2 25 | $329.8M | $271.3M | ||
| Q1 25 | $394.5M | $-65.1M | ||
| Q4 24 | $498.3M | $276.1M | ||
| Q3 24 | $460.9M | $31.4M | ||
| Q2 24 | $360.0M | $163.9M | ||
| Q1 24 | $382.6M | $-207.4M |
自由现金流率AMEBC
| Q4 25 | 26.4% | 6.3% | ||
| Q3 25 | 22.2% | 7.8% | ||
| Q2 25 | 18.5% | 18.7% | ||
| Q1 25 | 22.8% | -5.3% | ||
| Q4 24 | 28.3% | 23.9% | ||
| Q3 24 | 27.0% | 2.5% | ||
| Q2 24 | 20.8% | 11.4% | ||
| Q1 24 | 22.0% | -15.2% |
资本支出强度AMEBC
| Q4 25 | 2.9% | 3.7% | ||
| Q3 25 | 1.1% | 2.5% | ||
| Q2 25 | 1.6% | 3.1% | ||
| Q1 25 | 1.3% | 3.1% | ||
| Q4 24 | 2.9% | 2.6% | ||
| Q3 24 | 1.5% | 2.8% | ||
| Q2 24 | 1.2% | 3.3% | ||
| Q1 24 | 1.6% | 4.0% |
现金转化率AMEBC
| Q4 25 | 1.47× | 7.11× | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.00× | 5.33× | ||
| Q1 25 | 1.19× | -1.36× | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.43× | 1.51× | ||
| Q2 24 | 1.13× | 2.11× | ||
| Q1 24 | 1.32× | -2.26× |
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
AME
| Transferred At Point In Time | $1.1B | 54% |
| Electronic Instruments Group | $620.1M | 31% |
| Transferred Over Time | $294.6M | 15% |
BC
| Engine Partsand Accessories | $532.4M | 40% |
| Navico Group | $452.9M | 34% |
| Recreational Fiberglass Boats | $111.6M | 8% |
| Saltwater Fishing Boats | $85.7M | 6% |
| Controls Riggingand Propellers | $78.3M | 6% |
| Business Acceleration | $48.1M | 4% |
| Sterndrive Engine | $32.6M | 2% |
