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Ametek（AME）与FORWARD AIR CORP（FWRD）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FORWARD AIR CORP的3.2倍（$2.0B vs $631.2M）。Ametek净利率更高（19.9% vs -4.5%，领先24.4%）。Ametek同比增速更快（13.4% vs -0.3%）。过去两年FORWARD AIR CORP的营收复合增速更高（7.9% 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。
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
AME vs FWRD — 直观对比
营收规模更大
AME
是对方的3.2倍
$631.2M
营收增速更快
AME
高出13.7%
-0.3%
净利率更高
AME
高出24.4%
-4.5%
两年增速更快
FWRD
近两年复合增速
7.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $631.2M |
| 净利润 | $398.6M | $-28.3M |
| 毛利率 | 36.0% | — |
| 营业利润率 | 25.3% | -0.5% |
| 净利率 | 19.9% | -4.5% |
| 营收同比 | 13.4% | -0.3% |
| 净利润同比 | 2.9% | 22.2% |
| 每股收益（稀释后） | $1.73 | $-0.90 |
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AMEFWRD
| Q4 25 | $2.0B | $631.2M | ||
| Q3 25 | $1.9B | $631.8M | ||
| Q2 25 | $1.8B | $618.8M | ||
| Q1 25 | $1.7B | $613.3M | ||
| Q4 24 | $1.8B | $632.8M | ||
| Q3 24 | $1.7B | $655.9M | ||
| Q2 24 | $1.7B | $643.7M | ||
| Q1 24 | $1.7B | $541.8M |
净利润AMEFWRD
| Q4 25 | $398.6M | $-28.3M | ||
| Q3 25 | $371.4M | $-16.3M | ||
| Q2 25 | $358.4M | $-12.6M | ||
| Q1 25 | $351.8M | $-50.6M | ||
| Q4 24 | $387.3M | $-36.4M | ||
| Q3 24 | $340.2M | $-73.4M | ||
| Q2 24 | $337.7M | $-645.4M | ||
| Q1 24 | $310.9M | $-61.7M |
毛利率AMEFWRD
| Q4 25 | 36.0% | — | ||
| Q3 25 | 36.3% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 36.6% | — | ||
| Q3 24 | 36.0% | — | ||
| Q2 24 | 36.0% | — | ||
| Q1 24 | 34.1% | — |
营业利润率AMEFWRD
| Q4 25 | 25.3% | -0.5% | ||
| Q3 25 | 25.8% | 2.4% | ||
| Q2 25 | 26.0% | 3.2% | ||
| Q1 25 | 26.3% | 0.8% | ||
| Q4 24 | 26.6% | 12.0% | ||
| Q3 24 | 26.1% | 3.5% | ||
| Q2 24 | 25.8% | -170.2% | ||
| Q1 24 | 24.0% | -12.1% |
净利率AMEFWRD
| Q4 25 | 19.9% | -4.5% | ||
| Q3 25 | 19.6% | -2.6% | ||
| Q2 25 | 20.2% | -2.0% | ||
| Q1 25 | 20.3% | -8.3% | ||
| Q4 24 | 22.0% | -5.8% | ||
| Q3 24 | 19.9% | -11.2% | ||
| Q2 24 | 19.5% | -100.3% | ||
| Q1 24 | 17.9% | -11.4% |
每股收益（稀释后）AMEFWRD
| Q4 25 | $1.73 | $-0.90 | ||
| Q3 25 | $1.60 | $-0.52 | ||
| Q2 25 | $1.55 | $-0.41 | ||
| Q1 25 | $1.52 | $-1.68 | ||
| Q4 24 | $1.67 | $-1.69 | ||
| Q3 24 | $1.47 | $-2.66 | ||
| Q2 24 | $1.45 | $-23.47 | ||
| Q1 24 | $1.34 | $-2.81 |
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 | $106.0M |
| 总债务越低越好 | $2.3B | $1.7B |
| 股东权益账面价值 | $10.6B | $113.3M |
| 总资产 | $16.1B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.21× | 14.89× |
8季度趋势，按日历期对齐
现金及短期投资AMEFWRD
| Q4 25 | $458.0M | $106.0M | ||
| Q3 25 | $439.2M | $140.4M | ||
| Q2 25 | $619.7M | $95.1M | ||
| Q1 25 | $399.0M | $116.3M | ||
| Q4 24 | $374.0M | $104.9M | ||
| Q3 24 | $396.3M | $136.6M | ||
| Q2 24 | $396.6M | $84.9M | ||
| Q1 24 | $373.8M | $152.0M |
总债务AMEFWRD
| Q4 25 | $2.3B | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益AMEFWRD
| Q4 25 | $10.6B | $113.3M | ||
| Q3 25 | $10.5B | $139.8M | ||
| Q2 25 | $10.4B | $151.8M | ||
| Q1 25 | $10.0B | $154.6M | ||
| Q4 24 | $9.7B | $201.7M | ||
| Q3 24 | $9.6B | $226.1M | ||
| Q2 24 | $9.3B | $283.8M | ||
| Q1 24 | $9.0B | $926.1M |
总资产AMEFWRD
| Q4 25 | $16.1B | $2.7B | ||
| Q3 25 | $16.2B | $2.8B | ||
| Q2 25 | $15.3B | $2.8B | ||
| Q1 25 | $14.9B | $2.8B | ||
| Q4 24 | $14.6B | $2.8B | ||
| Q3 24 | $14.8B | $3.1B | ||
| Q2 24 | $14.8B | $3.1B | ||
| Q1 24 | $14.9B | $4.0B |
负债/权益比AMEFWRD
| Q4 25 | 0.21× | 14.89× | ||
| Q3 25 | — | 12.05× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.22× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.81× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $527.3M | — |
| 自由现金流率自由现金流/营收 | 26.4% | — |
| 资本支出强度资本支出/营收 | 2.9% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.47× | — |
| 过去12个月自由现金流最近4个季度 | $1.7B | — |
8季度趋势，按日历期对齐
经营现金流AMEFWRD
| Q4 25 | $584.3M | — | ||
| Q3 25 | $440.9M | $52.7M | ||
| Q2 25 | $359.1M | — | ||
| Q1 25 | $417.5M | $27.6M | ||
| Q4 24 | $550.0M | $-23.2M | ||
| Q3 24 | $487.2M | $51.2M | ||
| Q2 24 | $381.4M | $-45.2M | ||
| Q1 24 | $410.2M | $-51.7M |
自由现金流AMEFWRD
| Q4 25 | $527.3M | — | ||
| Q3 25 | $420.0M | $48.6M | ||
| Q2 25 | $329.8M | — | ||
| Q1 25 | $394.5M | $15.7M | ||
| Q4 24 | $498.3M | $-30.5M | ||
| Q3 24 | $460.9M | $40.7M | ||
| Q2 24 | $360.0M | $-59.6M | ||
| Q1 24 | $382.6M | $-56.7M |
自由现金流率AMEFWRD
| Q4 25 | 26.4% | — | ||
| Q3 25 | 22.2% | 7.7% | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | 22.8% | 2.6% | ||
| Q4 24 | 28.3% | -4.8% | ||
| Q3 24 | 27.0% | 6.2% | ||
| Q2 24 | 20.8% | -9.3% | ||
| Q1 24 | 22.0% | -10.5% |
资本支出强度AMEFWRD
| Q4 25 | 2.9% | 1.3% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.6% | 0.8% | ||
| Q1 25 | 1.3% | 1.9% | ||
| Q4 24 | 2.9% | 1.1% | ||
| Q3 24 | 1.5% | 1.6% | ||
| Q2 24 | 1.2% | 2.2% | ||
| Q1 24 | 1.6% | 0.9% |
现金转化率AMEFWRD
| Q4 25 | 1.47× | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.43× | — | ||
| 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% |
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
