vs
Ametek（AME）与J.M. Smucker Company (The)（SJM）财务数据对比。点击上方公司名可切换其他公司
J.M. Smucker Company (The)的季度营收约是Ametek的1.2倍（$2.3B vs $2.0B），Ametek净利率更高（19.9% vs 10.4%，领先9.6%），Ametek同比增速更快（13.4% vs 2.6%），Ametek自由现金流更多（$527.3M vs $280.2M），过去两年Ametek的营收复合增速更高（7.3% vs 2.2%）
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。
J.M.斯马克公司是美国食品饮料生产企业，总部位于俄亥俄州奥维尔，1897年成立之初主营苹果酱生产，目前旗下设消费食品、宠物食品、咖啡三大业务板块，核心品牌Smucker's主打果酱、花生酱、糖浆、无皮冷冻三明治、冰淇淋顶料等产品。
AME vs SJM — 直观对比
营收规模更大
SJM
是对方的1.2倍
$2.0B
营收增速更快
AME
高出10.9%
2.6%
净利率更高
AME
高出9.6%
10.4%
自由现金流更多
AME
多$247.1M
$280.2M
两年增速更快
AME
近两年复合增速
2.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.3B |
| 净利润 | $398.6M | $241.3M |
| 毛利率 | 36.0% | 37.3% |
| 营业利润率 | 25.3% | 18.0% |
| 净利率 | 19.9% | 10.4% |
| 营收同比 | 13.4% | 2.6% |
| 净利润同比 | 2.9% | 1084.9% |
| 每股收益（稀释后） | $1.73 | $2.26 |
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AMESJM
| Q4 25 | $2.0B | $2.3B | ||
| Q3 25 | $1.9B | $2.1B | ||
| Q2 25 | $1.8B | $2.1B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.7B | $2.1B | ||
| Q2 24 | $1.7B | $2.2B | ||
| Q1 24 | $1.7B | $2.2B |
净利润AMESJM
| Q4 25 | $398.6M | $241.3M | ||
| Q3 25 | $371.4M | $-43.9M | ||
| Q2 25 | $358.4M | $-729.0M | ||
| Q1 25 | $351.8M | $-662.3M | ||
| Q4 24 | $387.3M | $-24.5M | ||
| Q3 24 | $340.2M | $185.0M | ||
| Q2 24 | $337.7M | $245.1M | ||
| Q1 24 | $310.9M | $120.4M |
毛利率AMESJM
| Q4 25 | 36.0% | 37.3% | ||
| Q3 25 | 36.3% | 22.5% | ||
| Q2 25 | 35.8% | 38.4% | ||
| Q1 25 | 36.1% | 40.2% | ||
| Q4 24 | 36.6% | 39.0% | ||
| Q3 24 | 36.0% | 37.5% | ||
| Q2 24 | 36.0% | 41.4% | ||
| Q1 24 | 34.1% | 36.9% |
营业利润率AMESJM
| Q4 25 | 25.3% | 18.0% | ||
| Q3 25 | 25.8% | 2.2% | ||
| Q2 25 | 26.0% | -27.9% | ||
| Q1 25 | 26.3% | -27.2% | ||
| Q4 24 | 26.6% | 7.5% | ||
| Q3 24 | 26.1% | 16.4% | ||
| Q2 24 | 25.8% | 18.4% | ||
| Q1 24 | 24.0% | 13.3% |
净利率AMESJM
| Q4 25 | 19.9% | 10.4% | ||
| Q3 25 | 19.6% | -2.1% | ||
| Q2 25 | 20.2% | -34.0% | ||
| Q1 25 | 20.3% | -30.3% | ||
| Q4 24 | 22.0% | -1.1% | ||
| Q3 24 | 19.9% | 8.7% | ||
| Q2 24 | 19.5% | 11.1% | ||
| Q1 24 | 17.9% | 5.4% |
每股收益（稀释后）AMESJM
| Q4 25 | $1.73 | $2.26 | ||
| Q3 25 | $1.60 | $-0.41 | ||
| Q2 25 | $1.55 | $-6.86 | ||
| Q1 25 | $1.52 | $-6.22 | ||
| Q4 24 | $1.67 | $-0.23 | ||
| Q3 24 | $1.47 | $1.74 | ||
| Q2 24 | $1.45 | $2.31 | ||
| Q1 24 | $1.34 | $1.13 |
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 | — |
| 总债务越低越好 | $2.3B | $7.0B |
| 股东权益账面价值 | $10.6B | $6.1B |
| 总资产 | $16.1B | $17.6B |
| 负债/权益比越低杠杆越低 | 0.21× | 1.16× |
8季度趋势，按日历期对齐
现金及短期投资AMESJM
| Q4 25 | $458.0M | — | ||
| Q3 25 | $439.2M | — | ||
| Q2 25 | $619.7M | — | ||
| Q1 25 | $399.0M | — | ||
| Q4 24 | $374.0M | — | ||
| Q3 24 | $396.3M | — | ||
| Q2 24 | $396.6M | — | ||
| Q1 24 | $373.8M | — |
总债务AMESJM
| Q4 25 | $2.3B | $7.0B | ||
| Q3 25 | — | $7.0B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $7.4B | ||
| Q4 24 | $2.1B | $7.8B | ||
| Q3 24 | — | $7.8B | ||
| Q2 24 | — | $7.8B | ||
| Q1 24 | — | $8.1B |
股东权益AMESJM
| Q4 25 | $10.6B | $6.1B | ||
| Q3 25 | $10.5B | $5.9B | ||
| Q2 25 | $10.4B | $6.1B | ||
| Q1 25 | $10.0B | $6.9B | ||
| Q4 24 | $9.7B | $7.6B | ||
| Q3 24 | $9.6B | $7.8B | ||
| Q2 24 | $9.3B | $7.7B | ||
| Q1 24 | $9.0B | $7.6B |
总资产AMESJM
| Q4 25 | $16.1B | $17.6B | ||
| Q3 25 | $16.2B | $17.7B | ||
| Q2 25 | $15.3B | $17.6B | ||
| Q1 25 | $14.9B | $18.4B | ||
| Q4 24 | $14.6B | $20.0B | ||
| Q3 24 | $14.8B | $20.3B | ||
| Q2 24 | $14.8B | $20.3B | ||
| Q1 24 | $14.9B | $20.2B |
负债/权益比AMESJM
| Q4 25 | 0.21× | 1.16× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | 0.22× | 1.02× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 1.01× | ||
| Q1 24 | — | 1.07× |
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 | $346.5M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $280.2M |
| 自由现金流率自由现金流/营收 | 26.4% | 12.0% |
| 资本支出强度资本支出/营收 | 2.9% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.47× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $635.5M |
8季度趋势，按日历期对齐
经营现金流AMESJM
| Q4 25 | $584.3M | $346.5M | ||
| Q3 25 | $440.9M | $-10.6M | ||
| Q2 25 | $359.1M | $393.9M | ||
| Q1 25 | $417.5M | $239.4M | ||
| Q4 24 | $550.0M | $404.2M | ||
| Q3 24 | $487.2M | $172.9M | ||
| Q2 24 | $381.4M | $428.1M | ||
| Q1 24 | $410.2M | $406.5M |
自由现金流AMESJM
| Q4 25 | $527.3M | $280.2M | ||
| Q3 25 | $420.0M | $-94.9M | ||
| Q2 25 | $329.8M | $298.9M | ||
| Q1 25 | $394.5M | $151.3M | ||
| Q4 24 | $498.3M | $317.2M | ||
| Q3 24 | $460.9M | $49.2M | ||
| Q2 24 | $360.0M | $297.5M | ||
| Q1 24 | $382.6M | $249.6M |
自由现金流率AMESJM
| Q4 25 | 26.4% | 12.0% | ||
| Q3 25 | 22.2% | -4.5% | ||
| Q2 25 | 18.5% | 13.9% | ||
| Q1 25 | 22.8% | 6.9% | ||
| Q4 24 | 28.3% | 14.0% | ||
| Q3 24 | 27.0% | 2.3% | ||
| Q2 24 | 20.8% | 13.5% | ||
| Q1 24 | 22.0% | 11.2% |
资本支出强度AMESJM
| Q4 25 | 2.9% | 2.8% | ||
| Q3 25 | 1.1% | 4.0% | ||
| Q2 25 | 1.6% | 4.4% | ||
| Q1 25 | 1.3% | 4.0% | ||
| Q4 24 | 2.9% | 3.8% | ||
| Q3 24 | 1.5% | 5.8% | ||
| Q2 24 | 1.2% | 5.9% | ||
| Q1 24 | 1.6% | 7.0% |
现金转化率AMESJM
| Q4 25 | 1.47× | 1.44× | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.43× | 0.93× | ||
| Q2 24 | 1.13× | 1.75× | ||
| Q1 24 | 1.32× | 3.38× |
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% |
SJM
| U.S.Retail Frozen Handheld And Spreads | $461.1M | 20% |
| U.S.Retail Pet Foods | $413.2M | 18% |
| Handheld Frozen Sandwiches | $262.9M | 11% |
| Sweet Baked Snacks | $256.1M | 11% |
| Pet Snacks | $232.0M | 10% |
| Cat Food | $197.2M | 8% |
| Peanut Butter | $187.1M | 8% |
| CA | $94.5M | 4% |
| Fruit Spreads | $92.2M | 4% |
| Other | $50.5M | 2% |
| Portion Control | $50.1M | 2% |
| All Other International | $33.2M | 1% |
