vs
Ametek（AME）与北极星（PII）财务数据对比。点击上方公司名可切换其他公司
Ametek的季度营收约是北极星的1.0倍（$2.0B vs $1.9B）。Ametek净利率更高（19.9% vs -15.8%，领先35.7%）。Ametek同比增速更快（13.4% vs 9.5%）。Ametek自由现金流更多（$527.3M vs $114.0M）。过去两年Ametek的营收复合增速更高（7.3% vs 5.2%）
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。
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
AME vs PII — 直观对比
营收规模更大
AME
是对方的1.0倍
$1.9B
营收增速更快
AME
高出4.0%
9.5%
净利率更高
AME
高出35.7%
-15.8%
自由现金流更多
AME
多$413.3M
$114.0M
两年增速更快
AME
近两年复合增速
5.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.9B |
| 净利润 | $398.6M | $-303.6M |
| 毛利率 | 36.0% | 20.0% |
| 营业利润率 | 25.3% | -16.7% |
| 净利率 | 19.9% | -15.8% |
| 营收同比 | 13.4% | 9.5% |
| 净利润同比 | 2.9% | -2964.2% |
| 每股收益（稀释后） | $1.73 | $-5.34 |
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AMEPII
| Q4 25 | $2.0B | $1.9B | ||
| Q3 25 | $1.9B | $1.8B | ||
| Q2 25 | $1.8B | $1.9B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.7B | $1.7B | ||
| Q2 24 | $1.7B | $2.0B | ||
| Q1 24 | $1.7B | $1.7B |
净利润AMEPII
| Q4 25 | $398.6M | $-303.6M | ||
| Q3 25 | $371.4M | $-15.8M | ||
| Q2 25 | $358.4M | $-79.3M | ||
| Q1 25 | $351.8M | $-66.8M | ||
| Q4 24 | $387.3M | $10.6M | ||
| Q3 24 | $340.2M | $27.7M | ||
| Q2 24 | $337.7M | $68.7M | ||
| Q1 24 | $310.9M | $3.8M |
毛利率AMEPII
| Q4 25 | 36.0% | 20.0% | ||
| Q3 25 | 36.3% | 20.7% | ||
| Q2 25 | 35.8% | 19.4% | ||
| Q1 25 | 36.1% | 16.0% | ||
| Q4 24 | 36.6% | 20.4% | ||
| Q3 24 | 36.0% | 20.6% | ||
| Q2 24 | 36.0% | 21.6% | ||
| Q1 24 | 34.1% | 19.0% |
营业利润率AMEPII
| Q4 25 | 25.3% | -16.7% | ||
| Q3 25 | 25.8% | 1.1% | ||
| Q2 25 | 26.0% | -0.7% | ||
| Q1 25 | 26.3% | -2.4% | ||
| Q4 24 | 26.6% | 3.7% | ||
| Q3 24 | 26.1% | 3.8% | ||
| Q2 24 | 25.8% | 6.1% | ||
| Q1 24 | 24.0% | 2.2% |
净利率AMEPII
| Q4 25 | 19.9% | -15.8% | ||
| Q3 25 | 19.6% | -0.9% | ||
| Q2 25 | 20.2% | -4.3% | ||
| Q1 25 | 20.3% | -4.3% | ||
| Q4 24 | 22.0% | 0.6% | ||
| Q3 24 | 19.9% | 1.6% | ||
| Q2 24 | 19.5% | 3.5% | ||
| Q1 24 | 17.9% | 0.2% |
每股收益（稀释后）AMEPII
| Q4 25 | $1.73 | $-5.34 | ||
| Q3 25 | $1.60 | $-0.28 | ||
| Q2 25 | $1.55 | $-1.39 | ||
| Q1 25 | $1.52 | $-1.17 | ||
| Q4 24 | $1.67 | $0.18 | ||
| Q3 24 | $1.47 | $0.49 | ||
| Q2 24 | $1.45 | $1.21 | ||
| Q1 24 | $1.34 | $0.07 |
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 | $138.0M |
| 总债务越低越好 | $2.3B | $1.5B |
| 股东权益账面价值 | $10.6B | $828.4M |
| 总资产 | $16.1B | $4.9B |
| 负债/权益比越低杠杆越低 | 0.21× | 1.82× |
8季度趋势，按日历期对齐
现金及短期投资AMEPII
| Q4 25 | $458.0M | $138.0M | ||
| Q3 25 | $439.2M | $335.5M | ||
| Q2 25 | $619.7M | $324.3M | ||
| Q1 25 | $399.0M | $291.7M | ||
| Q4 24 | $374.0M | $287.8M | ||
| Q3 24 | $396.3M | $291.3M | ||
| Q2 24 | $396.6M | $322.7M | ||
| Q1 24 | $373.8M | $318.8M |
总债务AMEPII
| Q4 25 | $2.3B | $1.5B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | $2.1B | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.0B |
股东权益AMEPII
| Q4 25 | $10.6B | $828.4M | ||
| Q3 25 | $10.5B | $1.1B | ||
| Q2 25 | $10.4B | $1.2B | ||
| Q1 25 | $10.0B | $1.2B | ||
| Q4 24 | $9.7B | $1.3B | ||
| Q3 24 | $9.6B | $1.3B | ||
| Q2 24 | $9.3B | $1.3B | ||
| Q1 24 | $9.0B | $1.4B |
总资产AMEPII
| Q4 25 | $16.1B | $4.9B | ||
| Q3 25 | $16.2B | $5.3B | ||
| Q2 25 | $15.3B | $5.4B | ||
| Q1 25 | $14.9B | $5.5B | ||
| Q4 24 | $14.6B | $5.5B | ||
| Q3 24 | $14.8B | $5.6B | ||
| Q2 24 | $14.8B | $5.7B | ||
| Q1 24 | $14.9B | $5.6B |
负债/权益比AMEPII
| Q4 25 | 0.21× | 1.82× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | 0.22× | 1.27× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 1.56× | ||
| Q1 24 | — | 1.46× |
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 | $178.7M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $114.0M |
| 自由现金流率自由现金流/营收 | 26.4% | 5.9% |
| 资本支出强度资本支出/营收 | 2.9% | 3.4% |
| 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 | $558.1M |
8季度趋势，按日历期对齐
经营现金流AMEPII
| Q4 25 | $584.3M | $178.7M | ||
| Q3 25 | $440.9M | $158.8M | ||
| Q2 25 | $359.1M | $320.3M | ||
| Q1 25 | $417.5M | $83.2M | ||
| Q4 24 | $550.0M | $206.3M | ||
| Q3 24 | $487.2M | $21.0M | ||
| Q2 24 | $381.4M | $146.3M | ||
| Q1 24 | $410.2M | $-105.4M |
自由现金流AMEPII
| Q4 25 | $527.3M | $114.0M | ||
| Q3 25 | $420.0M | $116.7M | ||
| Q2 25 | $329.8M | $279.8M | ||
| Q1 25 | $394.5M | $47.6M | ||
| Q4 24 | $498.3M | $137.3M | ||
| Q3 24 | $460.9M | $-32.4M | ||
| Q2 24 | $360.0M | $79.1M | ||
| Q1 24 | $382.6M | $-177.5M |
自由现金流率AMEPII
| Q4 25 | 26.4% | 5.9% | ||
| Q3 25 | 22.2% | 6.3% | ||
| Q2 25 | 18.5% | 15.1% | ||
| Q1 25 | 22.8% | 3.1% | ||
| Q4 24 | 28.3% | 7.8% | ||
| Q3 24 | 27.0% | -1.9% | ||
| Q2 24 | 20.8% | 4.0% | ||
| Q1 24 | 22.0% | -10.2% |
资本支出强度AMEPII
| Q4 25 | 2.9% | 3.4% | ||
| Q3 25 | 1.1% | 2.3% | ||
| Q2 25 | 1.6% | 2.2% | ||
| Q1 25 | 1.3% | 2.3% | ||
| Q4 24 | 2.9% | 3.9% | ||
| Q3 24 | 1.5% | 3.1% | ||
| Q2 24 | 1.2% | 3.4% | ||
| Q1 24 | 1.6% | 4.2% |
现金转化率AMEPII
| Q4 25 | 1.47× | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.42× | 19.46× | ||
| Q3 24 | 1.43× | 0.76× | ||
| Q2 24 | 1.13× | 2.13× | ||
| Q1 24 | 1.32× | -27.74× |
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% |
PII
| Wholegoods | $1.1B | 58% |
| Other | $243.3M | 13% |
| On Road Segment | $187.2M | 10% |
| Marine Segment | $138.3M | 7% |
| CA | $134.5M | 7% |
| APLA | $76.7M | 4% |
| Financial Service | $19.7M | 1% |
