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AFFILIATED MANAGERS GROUP, INC.（AMG）与Axon Enterprise（AXON）财务数据对比。点击上方公司名可切换其他公司
Axon Enterprise的季度营收约是AFFILIATED MANAGERS GROUP, INC.的1.4倍（$796.7M vs $556.6M），AFFILIATED MANAGERS GROUP, INC.净利率更高（62.4% vs 0.3%，领先62.1%），Axon Enterprise同比增速更快（38.9% vs 6.2%），AFFILIATED MANAGERS GROUP, INC.自由现金流更多（$254.5M vs $155.4M），过去两年Axon Enterprise的营收复合增速更高（31.5% vs 5.5%）
Affiliated Managers Group（简称AMG）是一家成立于1993年的美国金融服务企业，总部位于佛罗里达州西棕榈滩。公司股票在纽约证券交易所挂牌交易，代码为AMG，同时是标普400美国中型企业指数的成份股。
Axon Enterprise是总部位于美国亚利桑那州斯科茨代尔的企业，面向军队、执法部门及民用市场开发各类武器装备与相关技术产品，业务覆盖公共安全、国防及民用消费等多个领域，为不同用户群体提供适配的产品解决方案。
AMG vs AXON — 直观对比
营收规模更大
AXON
是对方的1.4倍
$556.6M
营收增速更快
AXON
高出32.8%
6.2%
净利率更高
AMG
高出62.1%
0.3%
自由现金流更多
AMG
多$99.1M
$155.4M
两年增速更快
AXON
近两年复合增速
5.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.6M | $796.7M |
| 净利润 | $347.5M | $2.7M |
| 毛利率 | — | 57.9% |
| 营业利润率 | 94.4% | -6.3% |
| 净利率 | 62.4% | 0.3% |
| 营收同比 | 6.2% | 38.9% |
| 净利润同比 | 114.2% | -98.0% |
| 每股收益（稀释后） | $10.87 | $0.02 |
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AMGAXON
| Q4 25 | $556.6M | $796.7M | ||
| Q3 25 | $528.0M | $710.6M | ||
| Q2 25 | $493.2M | $668.5M | ||
| Q1 25 | $496.6M | $603.6M | ||
| Q4 24 | $524.3M | $573.4M | ||
| Q3 24 | $516.4M | $544.3M | ||
| Q2 24 | $500.3M | $504.1M | ||
| Q1 24 | $499.9M | $460.7M |
净利润AMGAXON
| Q4 25 | $347.5M | $2.7M | ||
| Q3 25 | $212.4M | $-2.2M | ||
| Q2 25 | $84.3M | $36.1M | ||
| Q1 25 | $72.4M | $88.0M | ||
| Q4 24 | $162.2M | $136.0M | ||
| Q3 24 | $123.6M | $67.0M | ||
| Q2 24 | $76.0M | $40.8M | ||
| Q1 24 | $149.8M | $133.2M |
毛利率AMGAXON
| Q4 25 | — | 57.9% | ||
| Q3 25 | — | 60.1% | ||
| Q2 25 | — | 60.4% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 60.5% | ||
| Q3 24 | — | 60.8% | ||
| Q2 24 | — | 60.3% | ||
| Q1 24 | — | 56.4% |
营业利润率AMGAXON
| Q4 25 | 94.4% | -6.3% | ||
| Q3 25 | 68.7% | -0.3% | ||
| Q2 25 | 34.8% | -0.2% | ||
| Q1 25 | 25.5% | -1.5% | ||
| Q4 24 | 52.2% | -2.6% | ||
| Q3 24 | 42.0% | 4.4% | ||
| Q2 24 | 35.6% | 6.5% | ||
| Q1 24 | 50.8% | 3.5% |
净利率AMGAXON
| Q4 25 | 62.4% | 0.3% | ||
| Q3 25 | 40.2% | -0.3% | ||
| Q2 25 | 17.1% | 5.4% | ||
| Q1 25 | 14.6% | 14.6% | ||
| Q4 24 | 30.9% | 23.7% | ||
| Q3 24 | 23.9% | 12.3% | ||
| Q2 24 | 15.2% | 8.1% | ||
| Q1 24 | 30.0% | 28.9% |
每股收益（稀释后）AMGAXON
| Q4 25 | $10.87 | $0.02 | ||
| Q3 25 | $6.87 | $-0.03 | ||
| Q2 25 | $2.80 | $0.44 | ||
| Q1 25 | $2.20 | $1.08 | ||
| Q4 24 | $4.95 | $1.68 | ||
| Q3 24 | $3.78 | $0.86 | ||
| Q2 24 | $2.26 | $0.53 | ||
| Q1 24 | $4.14 | $1.73 |
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 | $586.0M | $1.7B |
| 总债务越低越好 | $2.7B | $1.8B |
| 股东权益账面价值 | $3.2B | $3.2B |
| 总资产 | $9.2B | $7.0B |
| 负债/权益比越低杠杆越低 | 0.83× | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资AMGAXON
| Q4 25 | $586.0M | $1.7B | ||
| Q3 25 | $476.1M | $2.4B | ||
| Q2 25 | $361.0M | $2.1B | ||
| Q1 25 | $816.5M | $2.2B | ||
| Q4 24 | $950.0M | $788.1M | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $865.5M | $968.9M | ||
| Q1 24 | $793.4M | $964.1M |
总债务AMGAXON
| Q4 25 | $2.7B | $1.8B | ||
| Q3 25 | $2.4B | $2.0B | ||
| Q2 25 | $2.6B | $2.0B | ||
| Q1 25 | $2.6B | $2.0B | ||
| Q4 24 | $2.6B | $680.3M | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.5B | — |
股东权益AMGAXON
| Q4 25 | $3.2B | $3.2B | ||
| Q3 25 | $3.3B | $3.0B | ||
| Q2 25 | $3.2B | $2.7B | ||
| Q1 25 | $3.2B | $2.6B | ||
| Q4 24 | $3.3B | $2.3B | ||
| Q3 24 | $3.3B | $2.1B | ||
| Q2 24 | $3.3B | $1.9B | ||
| Q1 24 | $3.6B | $1.8B |
总资产AMGAXON
| Q4 25 | $9.2B | $7.0B | ||
| Q3 25 | $8.9B | $6.7B | ||
| Q2 25 | $8.8B | $6.2B | ||
| Q1 25 | $8.7B | $6.1B | ||
| Q4 24 | $8.8B | $4.5B | ||
| Q3 24 | $8.9B | $4.0B | ||
| Q2 24 | $8.8B | $3.7B | ||
| Q1 24 | $9.0B | $3.6B |
负债/权益比AMGAXON
| Q4 25 | 0.83× | 0.56× | ||
| Q3 25 | 0.71× | 0.66× | ||
| Q2 25 | 0.81× | 0.73× | ||
| Q1 25 | 0.82× | 0.79× | ||
| Q4 24 | 0.78× | 0.29× | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 0.76× | — | ||
| Q1 24 | 0.70× | — |
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 | $256.4M | $217.2M |
| 自由现金流经营现金流 - 资本支出 | $254.5M | $155.4M |
| 自由现金流率自由现金流/营收 | 45.7% | 19.5% |
| 资本支出强度资本支出/营收 | 0.3% | 7.8% |
| 现金转化率经营现金流/净利润 | 0.74× | 79.14× |
| 过去12个月自由现金流最近4个季度 | $967.1M | $75.1M |
8季度趋势，按日历期对齐
经营现金流AMGAXON
| Q4 25 | $256.4M | $217.2M | ||
| Q3 25 | $277.1M | $60.0M | ||
| Q2 25 | $230.8M | $-91.7M | ||
| Q1 25 | $208.9M | $25.8M | ||
| Q4 24 | $212.5M | $250.2M | ||
| Q3 24 | $265.2M | $91.3M | ||
| Q2 24 | $245.2M | $82.8M | ||
| Q1 24 | $209.2M | $-15.9M |
自由现金流AMGAXON
| Q4 25 | $254.5M | $155.4M | ||
| Q3 25 | $275.9M | $33.4M | ||
| Q2 25 | $229.4M | $-114.7M | ||
| Q1 25 | $207.3M | $932.0K | ||
| Q4 24 | $211.4M | $225.4M | ||
| Q3 24 | $264.5M | $64.8M | ||
| Q2 24 | $244.6M | $71.4M | ||
| Q1 24 | $208.2M | $-32.1M |
自由现金流率AMGAXON
| Q4 25 | 45.7% | 19.5% | ||
| Q3 25 | 52.3% | 4.7% | ||
| Q2 25 | 46.5% | -17.2% | ||
| Q1 25 | 41.7% | 0.2% | ||
| Q4 24 | 40.3% | 39.3% | ||
| Q3 24 | 51.2% | 11.9% | ||
| Q2 24 | 48.9% | 14.2% | ||
| Q1 24 | 41.6% | -7.0% |
资本支出强度AMGAXON
| Q4 25 | 0.3% | 7.8% | ||
| Q3 25 | 0.2% | 3.7% | ||
| Q2 25 | 0.3% | 3.4% | ||
| Q1 25 | 0.3% | 4.1% | ||
| Q4 24 | 0.2% | 4.3% | ||
| Q3 24 | 0.1% | 4.9% | ||
| Q2 24 | 0.1% | 2.2% | ||
| Q1 24 | 0.2% | 3.5% |
现金转化率AMGAXON
| Q4 25 | 0.74× | 79.14× | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 2.74× | -2.54× | ||
| Q1 25 | 2.89× | 0.29× | ||
| Q4 24 | 1.31× | 1.84× | ||
| Q3 24 | 2.15× | 1.36× | ||
| Q2 24 | 3.23× | 2.03× | ||
| Q1 24 | 1.40× | -0.12× |
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
AMG
暂无分部数据
AXON
| Software And Sensors Segment | $342.5M | 43% |
| TASER Devices Professional | $264.2M | 33% |
| Personal Sensors | $109.1M | 14% |
| Platform Solutions | $80.9M | 10% |
