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Ametek（AME）与格罗方德（GFS）财务数据对比。点击上方公司名可切换其他公司
Ametek的季度营收约是格罗方德的1.2倍（$2.0B vs $1.7B），Ametek净利率更高（19.9% vs 14.8%，领先5.2%），Ametek同比增速更快（13.4% vs -2.9%），过去两年Ametek的营收复合增速更高（7.3% vs -4.3%）
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。
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
AME vs GFS — 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
AME
高出16.4%
-2.9%
净利率更高
AME
高出5.2%
14.8%
两年增速更快
AME
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.7B |
| 净利润 | $398.6M | $249.0M |
| 毛利率 | 36.0% | 24.8% |
| 营业利润率 | 25.3% | 11.6% |
| 净利率 | 19.9% | 14.8% |
| 营收同比 | 13.4% | -2.9% |
| 净利润同比 | 2.9% | 39.9% |
| 每股收益（稀释后） | $1.73 | $0.44 |
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AMEGFS
| Q4 25 | $2.0B | — | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $1.8B | $1.7B | ||
| Q1 25 | $1.7B | $1.6B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.7B | $1.7B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.7B | $1.5B |
净利润AMEGFS
| Q4 25 | $398.6M | — | ||
| Q3 25 | $371.4M | $249.0M | ||
| Q2 25 | $358.4M | $228.0M | ||
| Q1 25 | $351.8M | $211.0M | ||
| Q4 24 | $387.3M | — | ||
| Q3 24 | $340.2M | $178.0M | ||
| Q2 24 | $337.7M | $155.0M | ||
| Q1 24 | $310.9M | $134.0M |
毛利率AMEGFS
| Q4 25 | 36.0% | — | ||
| Q3 25 | 36.3% | 24.8% | ||
| Q2 25 | 35.8% | 24.2% | ||
| Q1 25 | 36.1% | 22.4% | ||
| Q4 24 | 36.6% | — | ||
| Q3 24 | 36.0% | 23.8% | ||
| Q2 24 | 36.0% | 24.2% | ||
| Q1 24 | 34.1% | 25.4% |
营业利润率AMEGFS
| Q4 25 | 25.3% | — | ||
| Q3 25 | 25.8% | 11.6% | ||
| Q2 25 | 26.0% | 11.6% | ||
| Q1 25 | 26.3% | 9.5% | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 26.1% | 10.6% | ||
| Q2 24 | 25.8% | 9.5% | ||
| Q1 24 | 24.0% | 9.5% |
净利率AMEGFS
| Q4 25 | 19.9% | — | ||
| Q3 25 | 19.6% | 14.8% | ||
| Q2 25 | 20.2% | 13.5% | ||
| Q1 25 | 20.3% | 13.3% | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 19.9% | 10.2% | ||
| Q2 24 | 19.5% | 9.5% | ||
| Q1 24 | 17.9% | 8.7% |
每股收益（稀释后）AMEGFS
| Q4 25 | $1.73 | — | ||
| Q3 25 | $1.60 | $0.44 | ||
| Q2 25 | $1.55 | $0.41 | ||
| Q1 25 | $1.52 | $0.38 | ||
| Q4 24 | $1.67 | — | ||
| Q3 24 | $1.47 | $0.32 | ||
| Q2 24 | $1.45 | $0.28 | ||
| Q1 24 | $1.34 | $0.24 |
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 | $2.0B |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $10.6B | $11.8B |
| 总资产 | $16.1B | $16.7B |
| 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AMEGFS
| Q4 25 | $458.0M | — | ||
| Q3 25 | $439.2M | $2.0B | ||
| Q2 25 | $619.7M | $1.8B | ||
| Q1 25 | $399.0M | $1.6B | ||
| Q4 24 | $374.0M | — | ||
| Q3 24 | $396.3M | $2.3B | ||
| Q2 24 | $396.6M | $2.2B | ||
| Q1 24 | $373.8M | $2.2B |
总债务AMEGFS
| Q4 25 | $2.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AMEGFS
| Q4 25 | $10.6B | — | ||
| Q3 25 | $10.5B | $11.8B | ||
| Q2 25 | $10.4B | $11.5B | ||
| Q1 25 | $10.0B | $11.1B | ||
| Q4 24 | $9.7B | — | ||
| Q3 24 | $9.6B | $11.6B | ||
| Q2 24 | $9.3B | $11.3B | ||
| Q1 24 | $9.0B | $11.3B |
总资产AMEGFS
| Q4 25 | $16.1B | — | ||
| Q3 25 | $16.2B | $16.7B | ||
| Q2 25 | $15.3B | $16.8B | ||
| Q1 25 | $14.9B | $16.5B | ||
| Q4 24 | $14.6B | — | ||
| Q3 24 | $14.8B | $18.1B | ||
| Q2 24 | $14.8B | — | ||
| Q1 24 | $14.9B | — |
负债/权益比AMEGFS
| 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 | $595.0M |
| 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% | — |
| 现金转化率经营现金流/净利润 | 1.47× | 2.39× |
| 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AMEGFS
| Q4 25 | $584.3M | — | ||
| Q3 25 | $440.9M | $595.0M | ||
| Q2 25 | $359.1M | $431.0M | ||
| Q1 25 | $417.5M | $331.0M | ||
| Q4 24 | $550.0M | — | ||
| Q3 24 | $487.2M | $375.0M | ||
| Q2 24 | $381.4M | $402.0M | ||
| Q1 24 | $410.2M | $488.0M |
自由现金流AMEGFS
| Q4 25 | $527.3M | — | ||
| Q3 25 | $420.0M | — | ||
| Q2 25 | $329.8M | — | ||
| Q1 25 | $394.5M | — | ||
| Q4 24 | $498.3M | — | ||
| Q3 24 | $460.9M | — | ||
| Q2 24 | $360.0M | — | ||
| Q1 24 | $382.6M | — |
自由现金流率AMEGFS
| Q4 25 | 26.4% | — | ||
| Q3 25 | 22.2% | — | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 28.3% | — | ||
| Q3 24 | 27.0% | — | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 22.0% | — |
资本支出强度AMEGFS
| Q4 25 | 2.9% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 1.6% | — |
现金转化率AMEGFS
| Q4 25 | 1.47× | — | ||
| Q3 25 | 1.19× | 2.39× | ||
| Q2 25 | 1.00× | 1.89× | ||
| Q1 25 | 1.19× | 1.57× | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.43× | 2.11× | ||
| Q2 24 | 1.13× | 2.59× | ||
| Q1 24 | 1.32× | 3.64× |
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% |
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
