vs
Ametek（AME）与RBC Bearings INC（RBC）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RBC Bearings INC的4.3倍（$2.0B vs $461.6M）。Ametek净利率更高（19.9% vs 14.6%，领先5.3%）。RBC Bearings INC同比增速更快（17.0% vs 13.4%）。Ametek自由现金流更多（$527.3M vs $99.1M）。过去两年Ametek的营收复合增速更高（7.3% vs 5.6%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
AME vs RBC — 直观对比
营收规模更大
AME
是对方的4.3倍
$461.6M
营收增速更快
RBC
高出3.6%
13.4%
净利率更高
AME
高出5.3%
14.6%
自由现金流更多
AME
多$428.2M
$99.1M
两年增速更快
AME
近两年复合增速
5.6%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $461.6M |
| 净利润 | $398.6M | $67.4M |
| 毛利率 | 36.0% | 44.3% |
| 营业利润率 | 25.3% | 22.3% |
| 净利率 | 19.9% | 14.6% |
| 营收同比 | 13.4% | 17.0% |
| 净利润同比 | 2.9% | 16.4% |
| 每股收益（稀释后） | $1.73 | $2.13 |
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AMERBC
| Q4 25 | $2.0B | $461.6M | ||
| Q3 25 | $1.9B | $455.3M | ||
| Q2 25 | $1.8B | $436.0M | ||
| Q1 25 | $1.7B | $437.7M | ||
| Q4 24 | $1.8B | $394.4M | ||
| Q3 24 | $1.7B | $397.9M | ||
| Q2 24 | $1.7B | $406.3M | ||
| Q1 24 | $1.7B | $413.7M |
净利润AMERBC
| Q4 25 | $398.6M | $67.4M | ||
| Q3 25 | $371.4M | $60.0M | ||
| Q2 25 | $358.4M | $68.5M | ||
| Q1 25 | $351.8M | $72.7M | ||
| Q4 24 | $387.3M | $57.9M | ||
| Q3 24 | $340.2M | $54.2M | ||
| Q2 24 | $337.7M | $61.4M | ||
| Q1 24 | $310.9M | — |
毛利率AMERBC
| Q4 25 | 36.0% | 44.3% | ||
| Q3 25 | 36.3% | 44.1% | ||
| Q2 25 | 35.8% | 44.8% | ||
| Q1 25 | 36.1% | 44.2% | ||
| Q4 24 | 36.6% | 44.3% | ||
| Q3 24 | 36.0% | 43.7% | ||
| Q2 24 | 36.0% | 45.3% | ||
| Q1 24 | 34.1% | 43.1% |
营业利润率AMERBC
| Q4 25 | 25.3% | 22.3% | ||
| Q3 25 | 25.8% | 21.5% | ||
| Q2 25 | 26.0% | 23.2% | ||
| Q1 25 | 26.3% | 23.0% | ||
| Q4 24 | 26.6% | 21.7% | ||
| Q3 24 | 26.1% | 21.6% | ||
| Q2 24 | 25.8% | 24.0% | ||
| Q1 24 | 24.0% | 22.8% |
净利率AMERBC
| Q4 25 | 19.9% | 14.6% | ||
| Q3 25 | 19.6% | 13.2% | ||
| Q2 25 | 20.2% | 15.7% | ||
| Q1 25 | 20.3% | 16.6% | ||
| Q4 24 | 22.0% | 14.7% | ||
| Q3 24 | 19.9% | 13.6% | ||
| Q2 24 | 19.5% | 15.1% | ||
| Q1 24 | 17.9% | — |
每股收益（稀释后）AMERBC
| Q4 25 | $1.73 | $2.13 | ||
| Q3 25 | $1.60 | $1.90 | ||
| Q2 25 | $1.55 | $2.17 | ||
| Q1 25 | $1.52 | $2.33 | ||
| Q4 24 | $1.67 | $1.82 | ||
| Q3 24 | $1.47 | $1.65 | ||
| Q2 24 | $1.45 | $1.90 | ||
| Q1 24 | $1.34 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $2.3B | $990.2M |
| 股东权益账面价值 | $10.6B | $3.3B |
| 总资产 | $16.1B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资AMERBC
| Q4 25 | $458.0M | $107.6M | ||
| Q3 25 | $439.2M | $91.2M | ||
| Q2 25 | $619.7M | $132.9M | ||
| Q1 25 | $399.0M | $36.8M | ||
| Q4 24 | $374.0M | — | ||
| Q3 24 | $396.3M | — | ||
| Q2 24 | $396.6M | $76.8M | ||
| Q1 24 | $373.8M | $63.5M |
总债务AMERBC
| Q4 25 | $2.3B | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益AMERBC
| Q4 25 | $10.6B | $3.3B | ||
| Q3 25 | $10.5B | $3.2B | ||
| Q2 25 | $10.4B | $3.1B | ||
| Q1 25 | $10.0B | $3.0B | ||
| Q4 24 | $9.7B | $2.9B | ||
| Q3 24 | $9.6B | $2.9B | ||
| Q2 24 | $9.3B | $2.8B | ||
| Q1 24 | $9.0B | $2.8B |
总资产AMERBC
| Q4 25 | $16.1B | $5.1B | ||
| Q3 25 | $16.2B | $5.1B | ||
| Q2 25 | $15.3B | $4.8B | ||
| Q1 25 | $14.9B | $4.7B | ||
| Q4 24 | $14.6B | $4.7B | ||
| Q3 24 | $14.8B | $4.7B | ||
| Q2 24 | $14.8B | $4.7B | ||
| Q1 24 | $14.9B | $4.7B |
负债/权益比AMERBC
| Q4 25 | 0.21× | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 0.22× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $99.1M |
| 自由现金流率自由现金流/营收 | 26.4% | 21.5% |
| 资本支出强度资本支出/营收 | 2.9% | 5.0% |
| 现金转化率经营现金流/净利润 | 1.47× | 1.81× |
| 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AMERBC
| Q4 25 | $584.3M | $122.1M | ||
| Q3 25 | $440.9M | $88.4M | ||
| Q2 25 | $359.1M | $120.0M | ||
| Q1 25 | $417.5M | — | ||
| Q4 24 | $550.0M | $84.0M | ||
| Q3 24 | $487.2M | — | ||
| Q2 24 | $381.4M | $97.4M | ||
| Q1 24 | $410.2M | — |
自由现金流AMERBC
| Q4 25 | $527.3M | $99.1M | ||
| Q3 25 | $420.0M | $71.7M | ||
| Q2 25 | $329.8M | $104.3M | ||
| Q1 25 | $394.5M | — | ||
| Q4 24 | $498.3M | $73.6M | ||
| Q3 24 | $460.9M | — | ||
| Q2 24 | $360.0M | $88.4M | ||
| Q1 24 | $382.6M | — |
自由现金流率AMERBC
| Q4 25 | 26.4% | 21.5% | ||
| Q3 25 | 22.2% | 15.7% | ||
| Q2 25 | 18.5% | 23.9% | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 28.3% | 18.7% | ||
| Q3 24 | 27.0% | — | ||
| Q2 24 | 20.8% | 21.8% | ||
| Q1 24 | 22.0% | — |
资本支出强度AMERBC
| Q4 25 | 2.9% | 5.0% | ||
| Q3 25 | 1.1% | 3.7% | ||
| Q2 25 | 1.6% | 3.6% | ||
| Q1 25 | 1.3% | 3.2% | ||
| Q4 24 | 2.9% | 2.6% | ||
| Q3 24 | 1.5% | 4.1% | ||
| Q2 24 | 1.2% | 2.2% | ||
| Q1 24 | 1.6% | — |
现金转化率AMERBC
| Q4 25 | 1.47× | 1.81× | ||
| Q3 25 | 1.19× | 1.47× | ||
| Q2 25 | 1.00× | 1.75× | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.42× | 1.45× | ||
| Q3 24 | 1.43× | — | ||
| Q2 24 | 1.13× | 1.59× | ||
| 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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
