vs
Ametek（AME）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
Ametek的季度营收约是思佳讯的1.9倍（$2.0B vs $1.0B），Ametek净利率更高（19.9% vs 7.6%，领先12.3%），Ametek同比增速更快（13.4% vs 8.6%），Ametek自由现金流更多（$527.3M vs $339.0M），过去两年Ametek的营收复合增速更高（7.3% vs -0.5%）
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。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
AME vs SWKS — 直观对比
营收规模更大
AME
是对方的1.9倍
$1.0B
营收增速更快
AME
高出4.8%
8.6%
净利率更高
AME
高出12.3%
7.6%
自由现金流更多
AME
多$188.3M
$339.0M
两年增速更快
AME
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.0B |
| 净利润 | $398.6M | $79.2M |
| 毛利率 | 36.0% | 41.3% |
| 营业利润率 | 25.3% | 10.0% |
| 净利率 | 19.9% | 7.6% |
| 营收同比 | 13.4% | 8.6% |
| 净利润同比 | 2.9% | 15.3% |
| 每股收益（稀释后） | $1.73 | $0.53 |
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AMESWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.8B | $965.0M | ||
| Q1 25 | $1.7B | $953.2M | ||
| Q4 24 | $1.8B | $1.1B | ||
| Q3 24 | $1.7B | $1.0B | ||
| Q2 24 | $1.7B | $905.5M |
净利润AMESWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $398.6M | $141.4M | ||
| Q3 25 | $371.4M | — | ||
| Q2 25 | $358.4M | $105.0M | ||
| Q1 25 | $351.8M | $68.7M | ||
| Q4 24 | $387.3M | $162.0M | ||
| Q3 24 | $340.2M | $60.5M | ||
| Q2 24 | $337.7M | $120.9M |
毛利率AMESWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | 36.0% | 40.7% | ||
| Q3 25 | 36.3% | — | ||
| Q2 25 | 35.8% | 41.6% | ||
| Q1 25 | 36.1% | 41.1% | ||
| Q4 24 | 36.6% | 41.4% | ||
| Q3 24 | 36.0% | 41.9% | ||
| Q2 24 | 36.0% | 40.2% |
营业利润率AMESWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | 25.3% | 10.1% | ||
| Q3 25 | 25.8% | — | ||
| Q2 25 | 26.0% | 11.5% | ||
| Q1 25 | 26.3% | 10.2% | ||
| Q4 24 | 26.6% | 16.9% | ||
| Q3 24 | 26.1% | 5.8% | ||
| Q2 24 | 25.8% | 14.4% |
净利率AMESWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | 19.9% | 12.9% | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 20.2% | 10.9% | ||
| Q1 25 | 20.3% | 7.2% | ||
| Q4 24 | 22.0% | 15.2% | ||
| Q3 24 | 19.9% | 5.9% | ||
| Q2 24 | 19.5% | 13.4% |
每股收益（稀释后）AMESWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $1.73 | $0.95 | ||
| Q3 25 | $1.60 | — | ||
| Q2 25 | $1.55 | $0.70 | ||
| Q1 25 | $1.52 | $0.43 | ||
| Q4 24 | $1.67 | $1.00 | ||
| Q3 24 | $1.47 | $0.36 | ||
| Q2 24 | $1.45 | $0.75 |
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 | $1.6B |
| 总债务越低越好 | $2.3B | $496.6M |
| 股东权益账面价值 | $10.6B | $5.8B |
| 总资产 | $16.1B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资AMESWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $458.0M | $1.4B | ||
| Q3 25 | $439.2M | — | ||
| Q2 25 | $619.7M | $1.3B | ||
| Q1 25 | $399.0M | $1.5B | ||
| Q4 24 | $374.0M | $1.7B | ||
| Q3 24 | $396.3M | $1.6B | ||
| Q2 24 | $396.6M | $1.3B |
总债务AMESWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $2.3B | $496.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $496.2M | ||
| Q1 25 | — | $995.1M | ||
| Q4 24 | $2.1B | $994.7M | ||
| Q3 24 | — | $994.3M | ||
| Q2 24 | — | $994.0M |
股东权益AMESWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $10.6B | $5.8B | ||
| Q3 25 | $10.5B | — | ||
| Q2 25 | $10.4B | $5.7B | ||
| Q1 25 | $10.0B | $5.9B | ||
| Q4 24 | $9.7B | $6.4B | ||
| Q3 24 | $9.6B | $6.3B | ||
| Q2 24 | $9.3B | $6.3B |
总资产AMESWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $16.1B | $7.9B | ||
| Q3 25 | $16.2B | — | ||
| Q2 25 | $15.3B | $7.7B | ||
| Q1 25 | $14.9B | $7.9B | ||
| Q4 24 | $14.6B | $8.3B | ||
| Q3 24 | $14.8B | $8.3B | ||
| Q2 24 | $14.8B | $8.2B |
负债/权益比AMESWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 0.21× | 0.09× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.09× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | 0.22× | 0.16× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.16× |
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 | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $339.0M |
| 自由现金流率自由现金流/营收 | 26.4% | 32.7% |
| 资本支出强度资本支出/营收 | 2.9% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.47× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $1.1B |
8季度趋势，按日历期对齐
经营现金流AMESWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $584.3M | $200.0M | ||
| Q3 25 | $440.9M | — | ||
| Q2 25 | $359.1M | $314.2M | ||
| Q1 25 | $417.5M | $409.4M | ||
| Q4 24 | $550.0M | $377.2M | ||
| Q3 24 | $487.2M | $476.1M | ||
| Q2 24 | $381.4M | $273.4M |
自由现金流AMESWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $527.3M | $144.0M | ||
| Q3 25 | $420.0M | — | ||
| Q2 25 | $329.8M | $252.7M | ||
| Q1 25 | $394.5M | $370.9M | ||
| Q4 24 | $498.3M | $338.2M | ||
| Q3 24 | $460.9M | $393.3M | ||
| Q2 24 | $360.0M | $249.0M |
自由现金流率AMESWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | 26.4% | 13.1% | ||
| Q3 25 | 22.2% | — | ||
| Q2 25 | 18.5% | 26.2% | ||
| Q1 25 | 22.8% | 38.9% | ||
| Q4 24 | 28.3% | 31.7% | ||
| Q3 24 | 27.0% | 38.4% | ||
| Q2 24 | 20.8% | 27.5% |
资本支出强度AMESWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 2.9% | 5.1% | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.6% | 6.4% | ||
| Q1 25 | 1.3% | 4.0% | ||
| Q4 24 | 2.9% | 3.6% | ||
| Q3 24 | 1.5% | 8.1% | ||
| Q2 24 | 1.2% | 2.7% |
现金转化率AMESWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 1.47× | 1.41× | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.00× | 2.99× | ||
| Q1 25 | 1.19× | 5.96× | ||
| Q4 24 | 1.42× | 2.33× | ||
| Q3 24 | 1.43× | 7.87× | ||
| Q2 24 | 1.13× | 2.26× |
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% |
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
