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Ametek（AME）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
Ametek的季度营收约是泰瑞达的1.8倍（$2.0B vs $1.1B），泰瑞达净利率更高（23.7% vs 19.9%，领先3.8%），泰瑞达同比增速更快（43.9% vs 13.4%），Ametek自由现金流更多（$527.3M vs $218.8M），过去两年泰瑞达的营收复合增速更高（34.4% vs 7.3%）
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。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
AME vs TER — 直观对比
营收规模更大
AME
是对方的1.8倍
$1.1B
营收增速更快
TER
高出30.4%
13.4%
净利率更高
TER
高出3.8%
19.9%
自由现金流更多
AME
多$308.5M
$218.8M
两年增速更快
TER
近两年复合增速
7.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.1B |
| 净利润 | $398.6M | $257.2M |
| 毛利率 | 36.0% | 57.2% |
| 营业利润率 | 25.3% | 27.1% |
| 净利率 | 19.9% | 23.7% |
| 营收同比 | 13.4% | 43.9% |
| 净利润同比 | 2.9% | 75.9% |
| 每股收益（稀释后） | $1.73 | $1.62 |
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AMETER
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $1.9B | $769.2M | ||
| Q2 25 | $1.8B | $651.8M | ||
| Q1 25 | $1.7B | $685.7M | ||
| Q4 24 | $1.8B | $752.9M | ||
| Q3 24 | $1.7B | $737.3M | ||
| Q2 24 | $1.7B | $729.9M | ||
| Q1 24 | $1.7B | $599.8M |
净利润AMETER
| Q4 25 | $398.6M | $257.2M | ||
| Q3 25 | $371.4M | $119.6M | ||
| Q2 25 | $358.4M | $78.4M | ||
| Q1 25 | $351.8M | $98.9M | ||
| Q4 24 | $387.3M | $146.3M | ||
| Q3 24 | $340.2M | $145.6M | ||
| Q2 24 | $337.7M | $186.3M | ||
| Q1 24 | $310.9M | $64.2M |
毛利率AMETER
| Q4 25 | 36.0% | 57.2% | ||
| Q3 25 | 36.3% | 58.4% | ||
| Q2 25 | 35.8% | 57.2% | ||
| Q1 25 | 36.1% | 60.6% | ||
| Q4 24 | 36.6% | 59.4% | ||
| Q3 24 | 36.0% | 59.2% | ||
| Q2 24 | 36.0% | 58.3% | ||
| Q1 24 | 34.1% | 56.6% |
营业利润率AMETER
| Q4 25 | 25.3% | 27.1% | ||
| Q3 25 | 25.8% | 18.9% | ||
| Q2 25 | 26.0% | 13.9% | ||
| Q1 25 | 26.3% | 17.6% | ||
| Q4 24 | 26.6% | 20.4% | ||
| Q3 24 | 26.1% | 20.6% | ||
| Q2 24 | 25.8% | 28.8% | ||
| Q1 24 | 24.0% | 13.0% |
净利率AMETER
| Q4 25 | 19.9% | 23.7% | ||
| Q3 25 | 19.6% | 15.5% | ||
| Q2 25 | 20.2% | 12.0% | ||
| Q1 25 | 20.3% | 14.4% | ||
| Q4 24 | 22.0% | 19.4% | ||
| Q3 24 | 19.9% | 19.8% | ||
| Q2 24 | 19.5% | 25.5% | ||
| Q1 24 | 17.9% | 10.7% |
每股收益（稀释后）AMETER
| Q4 25 | $1.73 | $1.62 | ||
| Q3 25 | $1.60 | $0.75 | ||
| Q2 25 | $1.55 | $0.49 | ||
| Q1 25 | $1.52 | $0.61 | ||
| Q4 24 | $1.67 | $0.89 | ||
| Q3 24 | $1.47 | $0.89 | ||
| Q2 24 | $1.45 | $1.14 | ||
| Q1 24 | $1.34 | $0.40 |
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 | $293.8M |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $10.6B | $2.8B |
| 总资产 | $16.1B | $4.2B |
| 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AMETER
| Q4 25 | $458.0M | $293.8M | ||
| Q3 25 | $439.2M | $272.7M | ||
| Q2 25 | $619.7M | $339.3M | ||
| Q1 25 | $399.0M | $475.6M | ||
| Q4 24 | $374.0M | $553.4M | ||
| Q3 24 | $396.3M | $510.0M | ||
| Q2 24 | $396.6M | $421.9M | ||
| Q1 24 | $373.8M | $707.4M |
总债务AMETER
| Q4 25 | $2.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AMETER
| Q4 25 | $10.6B | $2.8B | ||
| Q3 25 | $10.5B | $2.7B | ||
| Q2 25 | $10.4B | $2.8B | ||
| Q1 25 | $10.0B | $2.8B | ||
| Q4 24 | $9.7B | $2.8B | ||
| Q3 24 | $9.6B | $2.9B | ||
| Q2 24 | $9.3B | $2.7B | ||
| Q1 24 | $9.0B | $2.6B |
总资产AMETER
| Q4 25 | $16.1B | $4.2B | ||
| Q3 25 | $16.2B | $4.0B | ||
| Q2 25 | $15.3B | $3.8B | ||
| Q1 25 | $14.9B | $3.7B | ||
| Q4 24 | $14.6B | $3.7B | ||
| Q3 24 | $14.8B | $3.8B | ||
| Q2 24 | $14.8B | $3.6B | ||
| Q1 24 | $14.9B | $3.4B |
负债/权益比AMETER
| 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 | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $218.8M |
| 自由现金流率自由现金流/营收 | 26.4% | 20.2% |
| 资本支出强度资本支出/营收 | 2.9% | 5.8% |
| 现金转化率经营现金流/净利润 | 1.47× | 1.09× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $450.4M |
8季度趋势，按日历期对齐
经营现金流AMETER
| Q4 25 | $584.3M | $281.6M | ||
| Q3 25 | $440.9M | $49.0M | ||
| Q2 25 | $359.1M | $182.1M | ||
| Q1 25 | $417.5M | $161.6M | ||
| Q4 24 | $550.0M | $282.6M | ||
| Q3 24 | $487.2M | $166.3M | ||
| Q2 24 | $381.4M | $216.1M | ||
| Q1 24 | $410.2M | $7.3M |
自由现金流AMETER
| Q4 25 | $527.3M | $218.8M | ||
| Q3 25 | $420.0M | $2.4M | ||
| Q2 25 | $329.8M | $131.7M | ||
| Q1 25 | $394.5M | $97.6M | ||
| Q4 24 | $498.3M | $225.2M | ||
| Q3 24 | $460.9M | $114.4M | ||
| Q2 24 | $360.0M | $171.2M | ||
| Q1 24 | $382.6M | $-36.7M |
自由现金流率AMETER
| Q4 25 | 26.4% | 20.2% | ||
| Q3 25 | 22.2% | 0.3% | ||
| Q2 25 | 18.5% | 20.2% | ||
| Q1 25 | 22.8% | 14.2% | ||
| Q4 24 | 28.3% | 29.9% | ||
| Q3 24 | 27.0% | 15.5% | ||
| Q2 24 | 20.8% | 23.5% | ||
| Q1 24 | 22.0% | -6.1% |
资本支出强度AMETER
| Q4 25 | 2.9% | 5.8% | ||
| Q3 25 | 1.1% | 6.1% | ||
| Q2 25 | 1.6% | 7.7% | ||
| Q1 25 | 1.3% | 9.3% | ||
| Q4 24 | 2.9% | 7.6% | ||
| Q3 24 | 1.5% | 7.0% | ||
| Q2 24 | 1.2% | 6.1% | ||
| Q1 24 | 1.6% | 7.3% |
现金转化率AMETER
| Q4 25 | 1.47× | 1.09× | ||
| Q3 25 | 1.19× | 0.41× | ||
| Q2 25 | 1.00× | 2.32× | ||
| Q1 25 | 1.19× | 1.63× | ||
| Q4 24 | 1.42× | 1.93× | ||
| Q3 24 | 1.43× | 1.14× | ||
| Q2 24 | 1.13× | 1.16× | ||
| Q1 24 | 1.32× | 0.11× |
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% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
