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Ametek（AME）与XPEL, Inc.（XPEL）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XPEL, Inc.的16.3倍（$2.0B vs $122.3M）。Ametek净利率更高（19.9% vs 11.0%，领先9.0%）。XPEL, Inc.同比增速更快（13.7% vs 13.4%）。Ametek自由现金流更多（$527.3M vs $1.6M）。过去两年XPEL, Inc.的营收复合增速更高（16.5% 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。
XPEL是全球知名的高性能表面保护膜解决方案供应商，核心产品涵盖汽车漆面保护膜、车窗隔热膜、陶瓷涂层等，业务覆盖北美、欧洲、亚太等主要市场，服务对象包括普通车主、汽车经销商及专业安装服务商。
AME vs XPEL — 直观对比
营收规模更大
AME
是对方的16.3倍
$122.3M
营收增速更快
XPEL
高出0.3%
13.4%
净利率更高
AME
高出9.0%
11.0%
自由现金流更多
AME
多$525.7M
$1.6M
两年增速更快
XPEL
近两年复合增速
7.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $122.3M |
| 净利润 | $398.6M | $13.4M |
| 毛利率 | 36.0% | 41.9% |
| 营业利润率 | 25.3% | 12.7% |
| 净利率 | 19.9% | 11.0% |
| 营收同比 | 13.4% | 13.7% |
| 净利润同比 | 2.9% | 50.7% |
| 每股收益（稀释后） | $1.73 | $0.48 |
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AMEXPEL
| Q4 25 | $2.0B | $122.3M | ||
| Q3 25 | $1.9B | $125.4M | ||
| Q2 25 | $1.8B | $124.7M | ||
| Q1 25 | $1.7B | $103.8M | ||
| Q4 24 | $1.8B | $107.5M | ||
| Q3 24 | $1.7B | $112.9M | ||
| Q2 24 | $1.7B | $109.9M | ||
| Q1 24 | $1.7B | $90.1M |
净利润AMEXPEL
| Q4 25 | $398.6M | $13.4M | ||
| Q3 25 | $371.4M | $12.9M | ||
| Q2 25 | $358.4M | $16.3M | ||
| Q1 25 | $351.8M | $8.6M | ||
| Q4 24 | $387.3M | $8.9M | ||
| Q3 24 | $340.2M | $14.9M | ||
| Q2 24 | $337.7M | $15.0M | ||
| Q1 24 | $310.9M | $6.7M |
毛利率AMEXPEL
| Q4 25 | 36.0% | 41.9% | ||
| Q3 25 | 36.3% | 41.8% | ||
| Q2 25 | 35.8% | 42.9% | ||
| Q1 25 | 36.1% | 42.3% | ||
| Q4 24 | 36.6% | 40.6% | ||
| Q3 24 | 36.0% | 42.5% | ||
| Q2 24 | 36.0% | 43.5% | ||
| Q1 24 | 34.1% | 42.0% |
营业利润率AMEXPEL
| Q4 25 | 25.3% | 12.7% | ||
| Q3 25 | 25.8% | 13.4% | ||
| Q2 25 | 26.0% | 15.5% | ||
| Q1 25 | 26.3% | 10.7% | ||
| Q4 24 | 26.6% | 11.5% | ||
| Q3 24 | 26.1% | 16.3% | ||
| Q2 24 | 25.8% | 17.5% | ||
| Q1 24 | 24.0% | 10.2% |
净利率AMEXPEL
| Q4 25 | 19.9% | 11.0% | ||
| Q3 25 | 19.6% | 10.3% | ||
| Q2 25 | 20.2% | 13.1% | ||
| Q1 25 | 20.3% | 8.3% | ||
| Q4 24 | 22.0% | 8.3% | ||
| Q3 24 | 19.9% | 13.2% | ||
| Q2 24 | 19.5% | 13.7% | ||
| Q1 24 | 17.9% | 7.4% |
每股收益（稀释后）AMEXPEL
| Q4 25 | $1.73 | $0.48 | ||
| Q3 25 | $1.60 | $0.47 | ||
| Q2 25 | $1.55 | $0.59 | ||
| Q1 25 | $1.52 | $0.31 | ||
| Q4 24 | $1.67 | $0.33 | ||
| Q3 24 | $1.47 | $0.54 | ||
| Q2 24 | $1.45 | $0.54 | ||
| Q1 24 | $1.34 | $0.24 |
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 | $50.9M |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $10.6B | $280.3M |
| 总资产 | $16.1B | $382.5M |
| 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AMEXPEL
| Q4 25 | $458.0M | $50.9M | ||
| Q3 25 | $439.2M | $64.5M | ||
| Q2 25 | $619.7M | $49.6M | ||
| Q1 25 | $399.0M | $23.5M | ||
| Q4 24 | $374.0M | $22.1M | ||
| Q3 24 | $396.3M | $21.0M | ||
| Q2 24 | $396.6M | $15.0M | ||
| Q1 24 | $373.8M | $8.6M |
总债务AMEXPEL
| Q4 25 | $2.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AMEXPEL
| Q4 25 | $10.6B | $280.3M | ||
| Q3 25 | $10.5B | $269.3M | ||
| Q2 25 | $10.4B | $255.7M | ||
| Q1 25 | $10.0B | $235.5M | ||
| Q4 24 | $9.7B | $225.5M | ||
| Q3 24 | $9.6B | $218.7M | ||
| Q2 24 | $9.3B | $201.9M | ||
| Q1 24 | $9.0B | $186.4M |
总资产AMEXPEL
| Q4 25 | $16.1B | $382.5M | ||
| Q3 25 | $16.2B | $387.7M | ||
| Q2 25 | $15.3B | $318.1M | ||
| Q1 25 | $14.9B | $294.8M | ||
| Q4 24 | $14.6B | $285.6M | ||
| Q3 24 | $14.8B | $273.0M | ||
| Q2 24 | $14.8B | $261.8M | ||
| Q1 24 | $14.9B | $258.5M |
负债/权益比AMEXPEL
| 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 | $2.7M |
| 自由现金流经营现金流 - 资本支出 | $527.3M | $1.6M |
| 自由现金流率自由现金流/营收 | 26.4% | 1.3% |
| 资本支出强度资本支出/营收 | 2.9% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.47× | 0.20× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $62.9M |
8季度趋势，按日历期对齐
经营现金流AMEXPEL
| Q4 25 | $584.3M | $2.7M | ||
| Q3 25 | $440.9M | $33.2M | ||
| Q2 25 | $359.1M | $27.9M | ||
| Q1 25 | $417.5M | $3.2M | ||
| Q4 24 | $550.0M | $6.3M | ||
| Q3 24 | $487.2M | $19.6M | ||
| Q2 24 | $381.4M | $26.9M | ||
| Q1 24 | $410.2M | $-5.0M |
自由现金流AMEXPEL
| Q4 25 | $527.3M | $1.6M | ||
| Q3 25 | $420.0M | $32.2M | ||
| Q2 25 | $329.8M | $26.9M | ||
| Q1 25 | $394.5M | $2.2M | ||
| Q4 24 | $498.3M | $4.7M | ||
| Q3 24 | $460.9M | $18.3M | ||
| Q2 24 | $360.0M | $25.1M | ||
| Q1 24 | $382.6M | $-7.0M |
自由现金流率AMEXPEL
| Q4 25 | 26.4% | 1.3% | ||
| Q3 25 | 22.2% | 25.6% | ||
| Q2 25 | 18.5% | 21.6% | ||
| Q1 25 | 22.8% | 2.1% | ||
| Q4 24 | 28.3% | 4.4% | ||
| Q3 24 | 27.0% | 16.2% | ||
| Q2 24 | 20.8% | 22.8% | ||
| Q1 24 | 22.0% | -7.7% |
资本支出强度AMEXPEL
| Q4 25 | 2.9% | 0.9% | ||
| Q3 25 | 1.1% | 0.8% | ||
| Q2 25 | 1.6% | 0.8% | ||
| Q1 25 | 1.3% | 1.0% | ||
| Q4 24 | 2.9% | 1.5% | ||
| Q3 24 | 1.5% | 1.1% | ||
| Q2 24 | 1.2% | 1.6% | ||
| Q1 24 | 1.6% | 2.2% |
现金转化率AMEXPEL
| Q4 25 | 1.47× | 0.20× | ||
| Q3 25 | 1.19× | 2.56× | ||
| Q2 25 | 1.00× | 1.71× | ||
| Q1 25 | 1.19× | 0.38× | ||
| Q4 24 | 1.42× | 0.71× | ||
| Q3 24 | 1.43× | 1.31× | ||
| Q2 24 | 1.13× | 1.79× | ||
| Q1 24 | 1.32× | -0.74× |
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% |
XPEL
| Products | $90.9M | 74% |
| Service Revenue Installation Labor | $23.8M | 19% |
| Service Revenue Cutbank Credits | $4.1M | 3% |
| Service Revenue Software | $2.2M | 2% |
