vs
Ametek（AME）与托尔工业（THO）财务数据对比。点击上方公司名可切换其他公司
托尔工业的季度营收约是Ametek的1.2倍（$2.4B vs $2.0B）。Ametek净利率更高（19.9% vs 0.9%，领先19.0%）。Ametek同比增速更快（13.4% vs 11.5%）。Ametek自由现金流更多（$527.3M vs $-74.8M）。过去两年Ametek的营收复合增速更高（7.3% vs 4.0%）
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。
托尔工业是美国知名休闲房车（RV）生产商，旗下拥有Airstream、Heartland RV、Jayco等多个子品牌，主营拖挂式及自行式休闲房车的生产销售，总部位于印第安纳州埃尔克哈特，在密歇根、俄亥俄、爱达荷、俄勒冈等多个州设有生产基地。
AME vs THO — 直观对比
营收规模更大
THO
是对方的1.2倍
$2.0B
营收增速更快
AME
高出1.9%
11.5%
净利率更高
AME
高出19.0%
0.9%
自由现金流更多
AME
多$602.1M
$-74.8M
两年增速更快
AME
近两年复合增速
4.0%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.4B |
| 净利润 | $398.6M | $21.7M |
| 毛利率 | 36.0% | 13.4% |
| 营业利润率 | 25.3% | 1.4% |
| 净利率 | 19.9% | 0.9% |
| 营收同比 | 13.4% | 11.5% |
| 净利润同比 | 2.9% | 1282.8% |
| 每股收益（稀释后） | $1.73 | $0.41 |
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AMETHO
| Q4 25 | $2.0B | $2.4B | ||
| Q3 25 | $1.9B | $2.5B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | $1.7B | $2.0B | ||
| Q4 24 | $1.8B | $2.1B | ||
| Q3 24 | $1.7B | $2.5B | ||
| Q2 24 | $1.7B | $2.8B | ||
| Q1 24 | $1.7B | $2.2B |
净利润AMETHO
| Q4 25 | $398.6M | $21.7M | ||
| Q3 25 | $371.4M | $125.8M | ||
| Q2 25 | $358.4M | $135.2M | ||
| Q1 25 | $351.8M | $-551.0K | ||
| Q4 24 | $387.3M | $-1.8M | ||
| Q3 24 | $340.2M | $90.0M | ||
| Q2 24 | $337.7M | $114.5M | ||
| Q1 24 | $310.9M | $7.2M |
毛利率AMETHO
| Q4 25 | 36.0% | 13.4% | ||
| Q3 25 | 36.3% | 14.7% | ||
| Q2 25 | 35.8% | 15.3% | ||
| Q1 25 | 36.1% | 12.1% | ||
| Q4 24 | 36.6% | 13.1% | ||
| Q3 24 | 36.0% | 15.8% | ||
| Q2 24 | 36.0% | 15.1% | ||
| Q1 24 | 34.1% | 12.3% |
营业利润率AMETHO
| Q4 25 | 25.3% | 1.4% | ||
| Q3 25 | 25.8% | 5.7% | ||
| Q2 25 | 26.0% | 5.4% | ||
| Q1 25 | 26.3% | -0.1% | ||
| Q4 24 | 26.6% | -0.1% | ||
| Q3 24 | 26.1% | 5.0% | ||
| Q2 24 | 25.8% | 5.1% | ||
| Q1 24 | 24.0% | 0.3% |
净利率AMETHO
| Q4 25 | 19.9% | 0.9% | ||
| Q3 25 | 19.6% | 5.0% | ||
| Q2 25 | 20.2% | 4.7% | ||
| Q1 25 | 20.3% | -0.0% | ||
| Q4 24 | 22.0% | -0.1% | ||
| Q3 24 | 19.9% | 3.6% | ||
| Q2 24 | 19.5% | 4.1% | ||
| Q1 24 | 17.9% | 0.3% |
每股收益（稀释后）AMETHO
| Q4 25 | $1.73 | $0.41 | ||
| Q3 25 | $1.60 | $2.35 | ||
| Q2 25 | $1.55 | $2.53 | ||
| Q1 25 | $1.52 | $-0.01 | ||
| Q4 24 | $1.67 | $-0.03 | ||
| Q3 24 | $1.47 | $1.69 | ||
| Q2 24 | $1.45 | $2.13 | ||
| Q1 24 | $1.34 | $0.13 |
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 | $509.9M |
| 总债务越低越好 | $2.3B | $916.0M |
| 股东权益账面价值 | $10.6B | $4.3B |
| 总资产 | $16.1B | $7.0B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资AMETHO
| Q4 25 | $458.0M | $509.9M | ||
| Q3 25 | $439.2M | $586.6M | ||
| Q2 25 | $619.7M | $508.3M | ||
| Q1 25 | $399.0M | $373.8M | ||
| Q4 24 | $374.0M | $445.2M | ||
| Q3 24 | $396.3M | $501.3M | ||
| Q2 24 | $396.6M | $371.8M | ||
| Q1 24 | $373.8M | $340.2M |
总债务AMETHO
| Q4 25 | $2.3B | $916.0M | ||
| Q3 25 | — | $923.0M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $2.1B | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.4B |
股东权益AMETHO
| Q4 25 | $10.6B | $4.3B | ||
| Q3 25 | $10.5B | $4.3B | ||
| Q2 25 | $10.4B | $4.2B | ||
| Q1 25 | $10.0B | $4.0B | ||
| Q4 24 | $9.7B | $4.1B | ||
| Q3 24 | $9.6B | $4.1B | ||
| Q2 24 | $9.3B | $4.0B | ||
| Q1 24 | $9.0B | $3.9B |
总资产AMETHO
| Q4 25 | $16.1B | $7.0B | ||
| Q3 25 | $16.2B | $7.1B | ||
| Q2 25 | $15.3B | $7.2B | ||
| Q1 25 | $14.9B | $6.7B | ||
| Q4 24 | $14.6B | $6.9B | ||
| Q3 24 | $14.8B | $7.0B | ||
| Q2 24 | $14.8B | $7.2B | ||
| Q1 24 | $14.9B | $7.2B |
负债/权益比AMETHO
| Q4 25 | 0.21× | 0.21× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | 0.22× | 0.27× | ||
| Q3 24 | — | 0.28× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | — | 0.36× |
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 | $-44.9M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $-74.8M |
| 自由现金流率自由现金流/营收 | 26.4% | -3.1% |
| 资本支出强度资本支出/营收 | 2.9% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.47× | -2.07× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $375.1M |
8季度趋势，按日历期对齐
经营现金流AMETHO
| Q4 25 | $584.3M | $-44.9M | ||
| Q3 25 | $440.9M | $258.7M | ||
| Q2 25 | $359.1M | $257.7M | ||
| Q1 25 | $417.5M | $30.8M | ||
| Q4 24 | $550.0M | $30.7M | ||
| Q3 24 | $487.2M | $338.0M | ||
| Q2 24 | $381.4M | $251.7M | ||
| Q1 24 | $410.2M | $-103.9M |
自由现金流AMETHO
| Q4 25 | $527.3M | $-74.8M | ||
| Q3 25 | $420.0M | $221.6M | ||
| Q2 25 | $329.8M | $222.5M | ||
| Q1 25 | $394.5M | $5.8M | ||
| Q4 24 | $498.3M | $6.4M | ||
| Q3 24 | $460.9M | $301.3M | ||
| Q2 24 | $360.0M | $225.4M | ||
| Q1 24 | $382.6M | $-140.2M |
自由现金流率AMETHO
| Q4 25 | 26.4% | -3.1% | ||
| Q3 25 | 22.2% | 8.8% | ||
| Q2 25 | 18.5% | 7.7% | ||
| Q1 25 | 22.8% | 0.3% | ||
| Q4 24 | 28.3% | 0.3% | ||
| Q3 24 | 27.0% | 11.9% | ||
| Q2 24 | 20.8% | 8.0% | ||
| Q1 24 | 22.0% | -6.4% |
资本支出强度AMETHO
| Q4 25 | 2.9% | 1.3% | ||
| Q3 25 | 1.1% | 1.5% | ||
| Q2 25 | 1.6% | 1.2% | ||
| Q1 25 | 1.3% | 1.2% | ||
| Q4 24 | 2.9% | 1.1% | ||
| Q3 24 | 1.5% | 1.4% | ||
| Q2 24 | 1.2% | 0.9% | ||
| Q1 24 | 1.6% | 1.6% |
现金转化率AMETHO
| Q4 25 | 1.47× | -2.07× | ||
| Q3 25 | 1.19× | 2.06× | ||
| Q2 25 | 1.00× | 1.91× | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.43× | 3.76× | ||
| Q2 24 | 1.13× | 2.20× | ||
| Q1 24 | 1.32× | -14.39× |
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% |
THO
| Other | $417.1M | 17% |
| Travel Trailers | $403.6M | 17% |
| Motorcaravan | $391.9M | 16% |
| Fifth Wheels Towables | $306.9M | 13% |
| Classc Motorized | $297.2M | 12% |
| Campervan | $188.3M | 8% |
| Classa Motorized | $169.9M | 7% |
| Classb Motorized | $110.0M | 5% |
| Other Rv Related | $70.0M | 3% |
| Caravan | $34.3M | 1% |
