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AFFILIATED MANAGERS GROUP, INC.（AMG）与FEDERAL SIGNAL CORP（FSS）财务数据对比。点击上方公司名可切换其他公司
FEDERAL SIGNAL CORP的季度营收约是AFFILIATED MANAGERS GROUP, INC.的1.1倍（$597.1M vs $556.6M），AFFILIATED MANAGERS GROUP, INC.净利率更高（62.4% vs 10.2%，领先52.3%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 6.2%），AFFILIATED MANAGERS GROUP, INC.自由现金流更多（$254.5M vs $89.5M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% 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。
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
AMG vs FSS — 直观对比
营收规模更大
FSS
是对方的1.1倍
$556.6M
营收增速更快
FSS
高出20.3%
6.2%
净利率更高
AMG
高出52.3%
10.2%
自由现金流更多
AMG
多$165.0M
$89.5M
两年增速更快
FSS
近两年复合增速
5.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.6M | $597.1M |
| 净利润 | $347.5M | $60.8M |
| 毛利率 | — | 28.4% |
| 营业利润率 | 94.4% | 14.0% |
| 净利率 | 62.4% | 10.2% |
| 营收同比 | 6.2% | 26.5% |
| 净利润同比 | 114.2% | 21.6% |
| 每股收益（稀释后） | $10.87 | $0.99 |
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AMGFSS
| Q4 25 | $556.6M | $597.1M | ||
| Q3 25 | $528.0M | $555.0M | ||
| Q2 25 | $493.2M | $564.6M | ||
| Q1 25 | $496.6M | $463.8M | ||
| Q4 24 | $524.3M | $472.0M | ||
| Q3 24 | $516.4M | $474.2M | ||
| Q2 24 | $500.3M | $490.4M | ||
| Q1 24 | $499.9M | $424.9M |
净利润AMGFSS
| Q4 25 | $347.5M | $60.8M | ||
| Q3 25 | $212.4M | $68.1M | ||
| Q2 25 | $84.3M | $71.4M | ||
| Q1 25 | $72.4M | $46.3M | ||
| Q4 24 | $162.2M | $50.0M | ||
| Q3 24 | $123.6M | $53.9M | ||
| Q2 24 | $76.0M | $60.8M | ||
| Q1 24 | $149.8M | $51.6M |
毛利率AMGFSS
| Q4 25 | — | 28.4% | ||
| Q3 25 | — | 29.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 28.2% | ||
| Q4 24 | — | 28.1% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.4% | ||
| Q1 24 | — | 27.3% |
营业利润率AMGFSS
| Q4 25 | 94.4% | 14.0% | ||
| Q3 25 | 68.7% | 16.9% | ||
| Q2 25 | 34.8% | 17.3% | ||
| Q1 25 | 25.5% | 14.2% | ||
| Q4 24 | 52.2% | 14.9% | ||
| Q3 24 | 42.0% | 16.0% | ||
| Q2 24 | 35.6% | 16.5% | ||
| Q1 24 | 50.8% | 12.8% |
净利率AMGFSS
| Q4 25 | 62.4% | 10.2% | ||
| Q3 25 | 40.2% | 12.3% | ||
| Q2 25 | 17.1% | 12.6% | ||
| Q1 25 | 14.6% | 10.0% | ||
| Q4 24 | 30.9% | 10.6% | ||
| Q3 24 | 23.9% | 11.4% | ||
| Q2 24 | 15.2% | 12.4% | ||
| Q1 24 | 30.0% | 12.1% |
每股收益（稀释后）AMGFSS
| Q4 25 | $10.87 | $0.99 | ||
| Q3 25 | $6.87 | $1.11 | ||
| Q2 25 | $2.80 | $1.16 | ||
| Q1 25 | $2.20 | $0.75 | ||
| Q4 24 | $4.95 | $0.80 | ||
| Q3 24 | $3.78 | $0.87 | ||
| Q2 24 | $2.26 | $0.99 | ||
| Q1 24 | $4.14 | $0.84 |
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 | $63.7M |
| 总债务越低越好 | $2.7B | $564.6M |
| 股东权益账面价值 | $3.2B | $1.4B |
| 总资产 | $9.2B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.83× | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资AMGFSS
| Q4 25 | $586.0M | $63.7M | ||
| Q3 25 | $476.1M | $54.4M | ||
| Q2 25 | $361.0M | $64.7M | ||
| Q1 25 | $816.5M | $57.5M | ||
| Q4 24 | $950.0M | $91.1M | ||
| Q3 24 | $1.0B | $73.7M | ||
| Q2 24 | $865.5M | $48.6M | ||
| Q1 24 | $793.4M | $48.9M |
总债务AMGFSS
| Q4 25 | $2.7B | $564.6M | ||
| Q3 25 | $2.4B | $201.2M | ||
| Q2 25 | $2.6B | $258.3M | ||
| Q1 25 | $2.6B | $266.9M | ||
| Q4 24 | $2.6B | $204.4M | ||
| Q3 24 | $2.6B | $223.3M | ||
| Q2 24 | $2.5B | $248.8M | ||
| Q1 24 | $2.5B | $266.8M |
股东权益AMGFSS
| Q4 25 | $3.2B | $1.4B | ||
| Q3 25 | $3.3B | $1.3B | ||
| Q2 25 | $3.2B | $1.3B | ||
| Q1 25 | $3.2B | $1.2B | ||
| Q4 24 | $3.3B | $1.2B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $3.3B | $1.1B | ||
| Q1 24 | $3.6B | $1.0B |
总资产AMGFSS
| Q4 25 | $9.2B | $2.4B | ||
| Q3 25 | $8.9B | $1.9B | ||
| Q2 25 | $8.8B | $1.9B | ||
| Q1 25 | $8.7B | $1.9B | ||
| Q4 24 | $8.8B | $1.8B | ||
| Q3 24 | $8.9B | $1.7B | ||
| Q2 24 | $8.8B | $1.7B | ||
| Q1 24 | $9.0B | $1.7B |
负债/权益比AMGFSS
| Q4 25 | 0.83× | 0.41× | ||
| Q3 25 | 0.71× | 0.15× | ||
| Q2 25 | 0.81× | 0.20× | ||
| Q1 25 | 0.82× | 0.22× | ||
| Q4 24 | 0.78× | 0.17× | ||
| Q3 24 | 0.79× | 0.19× | ||
| Q2 24 | 0.76× | 0.23× | ||
| Q1 24 | 0.70× | 0.26× |
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 | $97.2M |
| 自由现金流经营现金流 - 资本支出 | $254.5M | $89.5M |
| 自由现金流率自由现金流/营收 | 45.7% | 15.0% |
| 资本支出强度资本支出/营收 | 0.3% | 1.3% |
| 现金转化率经营现金流/净利润 | 0.74× | 1.60× |
| 过去12个月自由现金流最近4个季度 | $967.1M | $227.1M |
8季度趋势，按日历期对齐
经营现金流AMGFSS
| Q4 25 | $256.4M | $97.2M | ||
| Q3 25 | $277.1M | $61.1M | ||
| Q2 25 | $230.8M | $59.7M | ||
| Q1 25 | $208.9M | $36.7M | ||
| Q4 24 | $212.5M | $90.6M | ||
| Q3 24 | $265.2M | $68.8M | ||
| Q2 24 | $245.2M | $40.6M | ||
| Q1 24 | $209.2M | $31.3M |
自由现金流AMGFSS
| Q4 25 | $254.5M | $89.5M | ||
| Q3 25 | $275.9M | $54.1M | ||
| Q2 25 | $229.4M | $52.4M | ||
| Q1 25 | $207.3M | $31.1M | ||
| Q4 24 | $211.4M | $82.1M | ||
| Q3 24 | $264.5M | $60.9M | ||
| Q2 24 | $244.6M | $24.8M | ||
| Q1 24 | $208.2M | $22.9M |
自由现金流率AMGFSS
| Q4 25 | 45.7% | 15.0% | ||
| Q3 25 | 52.3% | 9.7% | ||
| Q2 25 | 46.5% | 9.3% | ||
| Q1 25 | 41.7% | 6.7% | ||
| Q4 24 | 40.3% | 17.4% | ||
| Q3 24 | 51.2% | 12.8% | ||
| Q2 24 | 48.9% | 5.1% | ||
| Q1 24 | 41.6% | 5.4% |
资本支出强度AMGFSS
| Q4 25 | 0.3% | 1.3% | ||
| Q3 25 | 0.2% | 1.3% | ||
| Q2 25 | 0.3% | 1.3% | ||
| Q1 25 | 0.3% | 1.2% | ||
| Q4 24 | 0.2% | 1.8% | ||
| Q3 24 | 0.1% | 1.7% | ||
| Q2 24 | 0.1% | 3.2% | ||
| Q1 24 | 0.2% | 2.0% |
现金转化率AMGFSS
| Q4 25 | 0.74× | 1.60× | ||
| Q3 25 | 1.30× | 0.90× | ||
| Q2 25 | 2.74× | 0.84× | ||
| Q1 25 | 2.89× | 0.79× | ||
| Q4 24 | 1.31× | 1.81× | ||
| Q3 24 | 2.15× | 1.28× | ||
| Q2 24 | 3.23× | 0.67× | ||
| Q1 24 | 1.40× | 0.61× |
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
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
