vs
Ametek（AME）与BADGER METER INC（BMI）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BADGER METER INC的8.5倍（$2.0B vs $234.1M）。Ametek净利率更高（19.9% vs 14.3%，领先5.6%）。BADGER METER INC同比增速更快（14.1% vs 13.4%）。Ametek自由现金流更多（$527.3M vs $50.8M）。过去两年BADGER METER INC的营收复合增速更高（9.2% vs 7.3%）
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。
Badger Meter Inc是全球领先的流量测量与控制解决方案供应商，主要服务水务企业、工业、商业及住宅客户群体，核心产品包括智能水表、物联网使用监测系统及配套软件，可帮助客户追踪资源消耗、减少浪费、提升运营效率，核心市场覆盖北美、欧洲及亚太地区。
AME vs BMI — 直观对比
营收规模更大
AME
是对方的8.5倍
$234.1M
营收增速更快
BMI
高出0.7%
13.4%
净利率更高
AME
高出5.6%
14.3%
自由现金流更多
AME
多$476.5M
$50.8M
两年增速更快
BMI
近两年复合增速
7.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $234.1M |
| 净利润 | $398.6M | $33.6M |
| 毛利率 | 36.0% | 39.7% |
| 营业利润率 | 25.3% | 18.4% |
| 净利率 | 19.9% | 14.3% |
| 营收同比 | 13.4% | 14.1% |
| 净利润同比 | 2.9% | 9.3% |
| 每股收益（稀释后） | $1.73 | $1.13 |
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AMEBMI
| Q4 25 | $2.0B | $234.1M | ||
| Q3 25 | $1.9B | $222.2M | ||
| Q2 25 | $1.8B | $238.1M | ||
| Q1 25 | $1.7B | $222.2M | ||
| Q4 24 | $1.8B | $205.2M | ||
| Q3 24 | $1.7B | $208.4M | ||
| Q2 24 | $1.7B | $216.7M | ||
| Q1 24 | $1.7B | $196.3M |
净利润AMEBMI
| Q4 25 | $398.6M | $33.6M | ||
| Q3 25 | $371.4M | $35.1M | ||
| Q2 25 | $358.4M | $34.6M | ||
| Q1 25 | $351.8M | $38.4M | ||
| Q4 24 | $387.3M | $30.7M | ||
| Q3 24 | $340.2M | $32.0M | ||
| Q2 24 | $337.7M | $33.1M | ||
| Q1 24 | $310.9M | $29.1M |
毛利率AMEBMI
| Q4 25 | 36.0% | 39.7% | ||
| Q3 25 | 36.3% | 43.1% | ||
| Q2 25 | 35.8% | 41.1% | ||
| Q1 25 | 36.1% | 42.9% | ||
| Q4 24 | 36.6% | 40.3% | ||
| Q3 24 | 36.0% | 40.2% | ||
| Q2 24 | 36.0% | 39.4% | ||
| Q1 24 | 34.1% | 39.3% |
营业利润率AMEBMI
| Q4 25 | 25.3% | 18.4% | ||
| Q3 25 | 25.8% | 20.7% | ||
| Q2 25 | 26.0% | 18.8% | ||
| Q1 25 | 26.3% | 22.2% | ||
| Q4 24 | 26.6% | 19.1% | ||
| Q3 24 | 26.1% | 19.5% | ||
| Q2 24 | 25.8% | 19.2% | ||
| Q1 24 | 24.0% | 18.6% |
净利率AMEBMI
| Q4 25 | 19.9% | 14.3% | ||
| Q3 25 | 19.6% | 15.8% | ||
| Q2 25 | 20.2% | 14.5% | ||
| Q1 25 | 20.3% | 17.3% | ||
| Q4 24 | 22.0% | 15.0% | ||
| Q3 24 | 19.9% | 15.4% | ||
| Q2 24 | 19.5% | 15.3% | ||
| Q1 24 | 17.9% | 14.8% |
每股收益（稀释后）AMEBMI
| Q4 25 | $1.73 | $1.13 | ||
| Q3 25 | $1.60 | $1.19 | ||
| Q2 25 | $1.55 | $1.17 | ||
| Q1 25 | $1.52 | $1.30 | ||
| Q4 24 | $1.67 | $1.04 | ||
| Q3 24 | $1.47 | $1.08 | ||
| Q2 24 | $1.45 | $1.12 | ||
| 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 | — |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $10.6B | $713.3M |
| 总资产 | $16.1B | $973.6M |
| 负债/权益比越低杠杆越低 | 0.21× | — |
8季度趋势，按日历期对齐
现金及短期投资AMEBMI
| Q4 25 | $458.0M | — | ||
| Q3 25 | $439.2M | — | ||
| Q2 25 | $619.7M | — | ||
| Q1 25 | $399.0M | — | ||
| Q4 24 | $374.0M | — | ||
| Q3 24 | $396.3M | — | ||
| Q2 24 | $396.6M | — | ||
| Q1 24 | $373.8M | — |
总债务AMEBMI
| Q4 25 | $2.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AMEBMI
| Q4 25 | $10.6B | $713.3M | ||
| Q3 25 | $10.5B | $702.5M | ||
| Q2 25 | $10.4B | $677.6M | ||
| Q1 25 | $10.0B | $641.7M | ||
| Q4 24 | $9.7B | $606.2M | ||
| Q3 24 | $9.6B | $591.2M | ||
| Q2 24 | $9.3B | $563.1M | ||
| Q1 24 | $9.0B | $535.6M |
总资产AMEBMI
| Q4 25 | $16.1B | $973.6M | ||
| Q3 25 | $16.2B | $978.3M | ||
| Q2 25 | $15.3B | $936.4M | ||
| Q1 25 | $14.9B | $899.6M | ||
| Q4 24 | $14.6B | $816.4M | ||
| Q3 24 | $14.8B | $802.9M | ||
| Q2 24 | $14.8B | $781.3M | ||
| Q1 24 | $14.9B | $743.5M |
负债/权益比AMEBMI
| Q4 25 | 0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.22× | — | ||
| 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 | $54.8M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $50.8M |
| 自由现金流率自由现金流/营收 | 26.4% | 21.7% |
| 资本支出强度资本支出/营收 | 2.9% | 1.7% |
| 现金转化率经营现金流/净利润 | 1.47× | 1.63× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $169.7M |
8季度趋势，按日历期对齐
经营现金流AMEBMI
| Q4 25 | $584.3M | $54.8M | ||
| Q3 25 | $440.9M | $51.3M | ||
| Q2 25 | $359.1M | $44.6M | ||
| Q1 25 | $417.5M | $33.0M | ||
| Q4 24 | $550.0M | $52.1M | ||
| Q3 24 | $487.2M | $45.1M | ||
| Q2 24 | $381.4M | $36.4M | ||
| Q1 24 | $410.2M | $21.5M |
自由现金流AMEBMI
| Q4 25 | $527.3M | $50.8M | ||
| Q3 25 | $420.0M | $48.2M | ||
| Q2 25 | $329.8M | $40.6M | ||
| Q1 25 | $394.5M | $30.1M | ||
| Q4 24 | $498.3M | $47.4M | ||
| Q3 24 | $460.9M | $42.0M | ||
| Q2 24 | $360.0M | $34.1M | ||
| Q1 24 | $382.6M | $18.8M |
自由现金流率AMEBMI
| Q4 25 | 26.4% | 21.7% | ||
| Q3 25 | 22.2% | 21.7% | ||
| Q2 25 | 18.5% | 17.1% | ||
| Q1 25 | 22.8% | 13.5% | ||
| Q4 24 | 28.3% | 23.1% | ||
| Q3 24 | 27.0% | 20.1% | ||
| Q2 24 | 20.8% | 15.7% | ||
| Q1 24 | 22.0% | 9.6% |
资本支出强度AMEBMI
| Q4 25 | 2.9% | 1.7% | ||
| Q3 25 | 1.1% | 1.4% | ||
| Q2 25 | 1.6% | 1.7% | ||
| Q1 25 | 1.3% | 1.3% | ||
| Q4 24 | 2.9% | 2.3% | ||
| Q3 24 | 1.5% | 1.5% | ||
| Q2 24 | 1.2% | 1.1% | ||
| Q1 24 | 1.6% | 1.4% |
现金转化率AMEBMI
| Q4 25 | 1.47× | 1.63× | ||
| Q3 25 | 1.19× | 1.46× | ||
| Q2 25 | 1.00× | 1.29× | ||
| Q1 25 | 1.19× | 0.86× | ||
| Q4 24 | 1.42× | 1.70× | ||
| Q3 24 | 1.43× | 1.41× | ||
| Q2 24 | 1.13× | 1.10× | ||
| Q1 24 | 1.32× | 0.74× |
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% |
BMI
| Transferred At Point In Time | $198.6M | 85% |
| Transferred Over Time | $22.1M | 9% |
| Other | $13.4M | 6% |
