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Ametek（AME）与COHERENT CORP.（COHR）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COHERENT CORP.的1.2倍（$2.0B vs $1.7B）。Ametek净利率更高（19.9% vs 8.7%，领先11.2%）。COHERENT CORP.同比增速更快（17.5% vs 13.4%）。Ametek自由现金流更多（$527.3M vs $-95.7M）。过去两年COHERENT CORP.的营收复合增速更高（18.1% 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。
Coherent Corp.是美国专业光学材料与半导体生产商，2023年全球员工规模达26622人。2022年原II-VI公司收购激光制造商Coherent, Inc.后更名为现名，产品广泛应用于通信、工业、医疗等众多领域。
AME vs COHR — 直观对比
营收规模更大
AME
是对方的1.2倍
$1.7B
营收增速更快
COHR
高出4.0%
13.4%
净利率更高
AME
高出11.2%
8.7%
自由现金流更多
AME
多$623.0M
$-95.7M
两年增速更快
COHR
近两年复合增速
7.3%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.7B |
| 净利润 | $398.6M | $146.7M |
| 毛利率 | 36.0% | 36.9% |
| 营业利润率 | 25.3% | 10.0% |
| 净利率 | 19.9% | 8.7% |
| 营收同比 | 13.4% | 17.5% |
| 净利润同比 | 2.9% | 41.9% |
| 每股收益（稀释后） | $1.73 | $0.76 |
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AMECOHR
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $1.9B | $1.6B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.7B | $1.3B | ||
| Q1 24 | $1.7B | $1.2B |
净利润AMECOHR
| Q4 25 | $398.6M | $146.7M | ||
| Q3 25 | $371.4M | $226.3M | ||
| Q2 25 | $358.4M | $-95.6M | ||
| Q1 25 | $351.8M | $15.7M | ||
| Q4 24 | $387.3M | $103.4M | ||
| Q3 24 | $340.2M | $25.9M | ||
| Q2 24 | $337.7M | $-48.4M | ||
| Q1 24 | $310.9M | $-13.2M |
毛利率AMECOHR
| Q4 25 | 36.0% | 36.9% | ||
| Q3 25 | 36.3% | 36.6% | ||
| Q2 25 | 35.8% | 35.7% | ||
| Q1 25 | 36.1% | 35.2% | ||
| Q4 24 | 36.6% | 35.5% | ||
| Q3 24 | 36.0% | 34.1% | ||
| Q2 24 | 36.0% | 32.9% | ||
| Q1 24 | 34.1% | 30.3% |
营业利润率AMECOHR
| Q4 25 | 25.3% | 10.0% | ||
| Q3 25 | 25.8% | 13.7% | ||
| Q2 25 | 26.0% | -4.1% | ||
| Q1 25 | 26.3% | 0.7% | ||
| Q4 24 | 26.6% | 9.0% | ||
| Q3 24 | 26.1% | 1.4% | ||
| Q2 24 | 25.8% | 4.8% | ||
| Q1 24 | 24.0% | 1.8% |
净利率AMECOHR
| Q4 25 | 19.9% | 8.7% | ||
| Q3 25 | 19.6% | 14.3% | ||
| Q2 25 | 20.2% | -6.3% | ||
| Q1 25 | 20.3% | 1.0% | ||
| Q4 24 | 22.0% | 7.2% | ||
| Q3 24 | 19.9% | 1.9% | ||
| Q2 24 | 19.5% | -3.7% | ||
| Q1 24 | 17.9% | -1.1% |
每股收益（稀释后）AMECOHR
| Q4 25 | $1.73 | $0.76 | ||
| Q3 25 | $1.60 | $1.19 | ||
| Q2 25 | $1.55 | $-0.81 | ||
| Q1 25 | $1.52 | $-0.11 | ||
| Q4 24 | $1.67 | $0.44 | ||
| Q3 24 | $1.47 | $-0.04 | ||
| Q2 24 | $1.45 | $-0.52 | ||
| Q1 24 | $1.34 | $-0.29 |
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 | $863.7M |
| 总债务越低越好 | $2.3B | $3.4B |
| 股东权益账面价值 | $10.6B | $8.5B |
| 总资产 | $16.1B | $15.1B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资AMECOHR
| Q4 25 | $458.0M | $863.7M | ||
| Q3 25 | $439.2M | $852.8M | ||
| Q2 25 | $619.7M | $909.2M | ||
| Q1 25 | $399.0M | $890.3M | ||
| Q4 24 | $374.0M | $917.8M | ||
| Q3 24 | $396.3M | $1.0B | ||
| Q2 24 | $396.6M | $926.0M | ||
| Q1 24 | $373.8M | $898.6M |
总债务AMECOHR
| Q4 25 | $2.3B | $3.4B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $2.1B | $3.9B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.2B |
股东权益AMECOHR
| Q4 25 | $10.6B | $8.5B | ||
| Q3 25 | $10.5B | $5.8B | ||
| Q2 25 | $10.4B | $5.6B | ||
| Q1 25 | $10.0B | $5.4B | ||
| Q4 24 | $9.7B | $5.2B | ||
| Q3 24 | $9.6B | $5.5B | ||
| Q2 24 | $9.3B | $5.2B | ||
| Q1 24 | $9.0B | $5.3B |
总资产AMECOHR
| Q4 25 | $16.1B | $15.1B | ||
| Q3 25 | $16.2B | $14.7B | ||
| Q2 25 | $15.3B | $14.9B | ||
| Q1 25 | $14.9B | $14.4B | ||
| Q4 24 | $14.6B | $14.2B | ||
| Q3 24 | $14.8B | $14.7B | ||
| Q2 24 | $14.8B | $14.5B | ||
| Q1 24 | $14.9B | $14.5B |
负债/权益比AMECOHR
| Q4 25 | 0.21× | 0.39× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | 0.22× | 0.75× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.78× |
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 | $57.9M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $-95.7M |
| 自由现金流率自由现金流/营收 | 26.4% | -5.7% |
| 资本支出强度资本支出/营收 | 2.9% | 9.1% |
| 现金转化率经营现金流/净利润 | 1.47× | 0.39× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $-103.6M |
8季度趋势，按日历期对齐
经营现金流AMECOHR
| Q4 25 | $584.3M | $57.9M | ||
| Q3 25 | $440.9M | $46.0M | ||
| Q2 25 | $359.1M | $130.3M | ||
| Q1 25 | $417.5M | $163.0M | ||
| Q4 24 | $550.0M | $187.4M | ||
| Q3 24 | $487.2M | $153.0M | ||
| Q2 24 | $381.4M | $162.3M | ||
| Q1 24 | $410.2M | $117.4M |
自由现金流AMECOHR
| Q4 25 | $527.3M | $-95.7M | ||
| Q3 25 | $420.0M | $-58.0M | ||
| Q2 25 | $329.8M | $-1.1M | ||
| Q1 25 | $394.5M | $51.1M | ||
| Q4 24 | $498.3M | $81.7M | ||
| Q3 24 | $460.9M | $61.0M | ||
| Q2 24 | $360.0M | $62.4M | ||
| Q1 24 | $382.6M | $24.2M |
自由现金流率AMECOHR
| Q4 25 | 26.4% | -5.7% | ||
| Q3 25 | 22.2% | -3.7% | ||
| Q2 25 | 18.5% | -0.1% | ||
| Q1 25 | 22.8% | 3.4% | ||
| Q4 24 | 28.3% | 5.7% | ||
| Q3 24 | 27.0% | 4.5% | ||
| Q2 24 | 20.8% | 4.7% | ||
| Q1 24 | 22.0% | 2.0% |
资本支出强度AMECOHR
| Q4 25 | 2.9% | 9.1% | ||
| Q3 25 | 1.1% | 6.6% | ||
| Q2 25 | 1.6% | 8.6% | ||
| Q1 25 | 1.3% | 7.5% | ||
| Q4 24 | 2.9% | 7.4% | ||
| Q3 24 | 1.5% | 6.8% | ||
| Q2 24 | 1.2% | 7.6% | ||
| Q1 24 | 1.6% | 7.7% |
现金转化率AMECOHR
| Q4 25 | 1.47× | 0.39× | ||
| Q3 25 | 1.19× | 0.20× | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.19× | 10.37× | ||
| Q4 24 | 1.42× | 1.81× | ||
| Q3 24 | 1.43× | 5.91× | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 1.32× | — |
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% |
COHR
| Datacenter And Communications Segment | $1.2B | 72% |
| Industrial Segment | $477.7M | 28% |
