vs
AFFILIATED MANAGERS GROUP, INC.（AMG）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
朗美通的季度营收约是AFFILIATED MANAGERS GROUP, INC.的1.2倍（$665.5M vs $556.6M），AFFILIATED MANAGERS GROUP, INC.净利率更高（62.4% vs 11.8%，领先50.7%），朗美通同比增速更快（65.5% vs 6.2%），AFFILIATED MANAGERS GROUP, INC.自由现金流更多（$254.5M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% 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。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
AMG vs LITE — 直观对比
营收规模更大
LITE
是对方的1.2倍
$556.6M
营收增速更快
LITE
高出59.3%
6.2%
净利率更高
AMG
高出50.7%
11.8%
自由现金流更多
AMG
多$211.4M
$43.1M
两年增速更快
LITE
近两年复合增速
5.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $556.6M | $665.5M |
| 净利润 | $347.5M | $78.2M |
| 毛利率 | — | 36.1% |
| 营业利润率 | 94.4% | 9.7% |
| 净利率 | 62.4% | 11.8% |
| 营收同比 | 6.2% | 65.5% |
| 净利润同比 | 114.2% | 228.4% |
| 每股收益（稀释后） | $10.87 | $0.89 |
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AMGLITE
| Q4 25 | $556.6M | $665.5M | ||
| Q3 25 | $528.0M | $533.8M | ||
| Q2 25 | $493.2M | $480.7M | ||
| Q1 25 | $496.6M | $425.2M | ||
| Q4 24 | $524.3M | $402.2M | ||
| Q3 24 | $516.4M | $336.9M | ||
| Q2 24 | $500.3M | $308.3M | ||
| Q1 24 | $499.9M | $366.5M |
净利润AMGLITE
| Q4 25 | $347.5M | $78.2M | ||
| Q3 25 | $212.4M | $4.2M | ||
| Q2 25 | $84.3M | $213.3M | ||
| Q1 25 | $72.4M | $-44.1M | ||
| Q4 24 | $162.2M | $-60.9M | ||
| Q3 24 | $123.6M | $-82.4M | ||
| Q2 24 | $76.0M | $-252.5M | ||
| Q1 24 | $149.8M | $-127.0M |
毛利率AMGLITE
| Q4 25 | — | 36.1% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 24.8% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 16.6% | ||
| Q1 24 | — | 16.2% |
营业利润率AMGLITE
| Q4 25 | 94.4% | 9.7% | ||
| Q3 25 | 68.7% | 1.3% | ||
| Q2 25 | 34.8% | -1.7% | ||
| Q1 25 | 25.5% | -8.9% | ||
| Q4 24 | 52.2% | -12.8% | ||
| Q3 24 | 42.0% | -24.5% | ||
| Q2 24 | 35.6% | -43.3% | ||
| Q1 24 | 50.8% | -31.3% |
净利率AMGLITE
| Q4 25 | 62.4% | 11.8% | ||
| Q3 25 | 40.2% | 0.8% | ||
| Q2 25 | 17.1% | 44.4% | ||
| Q1 25 | 14.6% | -10.4% | ||
| Q4 24 | 30.9% | -15.1% | ||
| Q3 24 | 23.9% | -24.5% | ||
| Q2 24 | 15.2% | -81.9% | ||
| Q1 24 | 30.0% | -34.7% |
每股收益（稀释后）AMGLITE
| Q4 25 | $10.87 | $0.89 | ||
| Q3 25 | $6.87 | $0.05 | ||
| Q2 25 | $2.80 | $3.10 | ||
| Q1 25 | $2.20 | $-0.64 | ||
| Q4 24 | $4.95 | $-0.88 | ||
| Q3 24 | $3.78 | $-1.21 | ||
| Q2 24 | $2.26 | $-3.75 | ||
| Q1 24 | $4.14 | $-1.88 |
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 | $1.2B |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $3.2B | $846.6M |
| 总资产 | $9.2B | $4.8B |
| 负债/权益比越低杠杆越低 | 0.83× | — |
8季度趋势，按日历期对齐
现金及短期投资AMGLITE
| Q4 25 | $586.0M | $1.2B | ||
| Q3 25 | $476.1M | $1.1B | ||
| Q2 25 | $361.0M | $877.1M | ||
| Q1 25 | $816.5M | $866.7M | ||
| Q4 24 | $950.0M | $896.7M | ||
| Q3 24 | $1.0B | $916.1M | ||
| Q2 24 | $865.5M | $887.0M | ||
| Q1 24 | $793.4M | $870.9M |
总债务AMGLITE
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.5B | — |
股东权益AMGLITE
| Q4 25 | $3.2B | $846.6M | ||
| Q3 25 | $3.3B | $780.8M | ||
| Q2 25 | $3.2B | $1.1B | ||
| Q1 25 | $3.2B | $879.5M | ||
| Q4 24 | $3.3B | $872.3M | ||
| Q3 24 | $3.3B | $895.9M | ||
| Q2 24 | $3.3B | $957.3M | ||
| Q1 24 | $3.6B | $1.2B |
总资产AMGLITE
| Q4 25 | $9.2B | $4.8B | ||
| Q3 25 | $8.9B | $4.6B | ||
| Q2 25 | $8.8B | $4.2B | ||
| Q1 25 | $8.7B | $4.0B | ||
| Q4 24 | $8.8B | $4.0B | ||
| Q3 24 | $8.9B | $4.0B | ||
| Q2 24 | $8.8B | $3.9B | ||
| Q1 24 | $9.0B | $4.2B |
负债/权益比AMGLITE
| Q4 25 | 0.83× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | 0.82× | — | ||
| Q4 24 | 0.78× | — | ||
| 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 | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $254.5M | $43.1M |
| 自由现金流率自由现金流/营收 | 45.7% | 6.5% |
| 资本支出强度资本支出/营收 | 0.3% | 12.6% |
| 现金转化率经营现金流/净利润 | 0.74× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $967.1M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流AMGLITE
| Q4 25 | $256.4M | $126.7M | ||
| Q3 25 | $277.1M | $57.9M | ||
| Q2 25 | $230.8M | $64.0M | ||
| Q1 25 | $208.9M | $-1.6M | ||
| Q4 24 | $212.5M | $24.3M | ||
| Q3 24 | $265.2M | $39.6M | ||
| Q2 24 | $245.2M | $35.5M | ||
| Q1 24 | $209.2M | $-7.0M |
自由现金流AMGLITE
| Q4 25 | $254.5M | $43.1M | ||
| Q3 25 | $275.9M | $-18.3M | ||
| Q2 25 | $229.4M | $10.1M | ||
| Q1 25 | $207.3M | $-64.4M | ||
| Q4 24 | $211.4M | $-15.9M | ||
| Q3 24 | $264.5M | $-34.5M | ||
| Q2 24 | $244.6M | $10.9M | ||
| Q1 24 | $208.2M | $-26.6M |
自由现金流率AMGLITE
| Q4 25 | 45.7% | 6.5% | ||
| Q3 25 | 52.3% | -3.4% | ||
| Q2 25 | 46.5% | 2.1% | ||
| Q1 25 | 41.7% | -15.1% | ||
| Q4 24 | 40.3% | -4.0% | ||
| Q3 24 | 51.2% | -10.2% | ||
| Q2 24 | 48.9% | 3.5% | ||
| Q1 24 | 41.6% | -7.3% |
资本支出强度AMGLITE
| Q4 25 | 0.3% | 12.6% | ||
| Q3 25 | 0.2% | 14.3% | ||
| Q2 25 | 0.3% | 11.2% | ||
| Q1 25 | 0.3% | 14.8% | ||
| Q4 24 | 0.2% | 10.0% | ||
| Q3 24 | 0.1% | 22.0% | ||
| Q2 24 | 0.1% | 8.0% | ||
| Q1 24 | 0.2% | 5.3% |
现金转化率AMGLITE
| Q4 25 | 0.74× | 1.62× | ||
| Q3 25 | 1.30× | 13.79× | ||
| Q2 25 | 2.74× | 0.30× | ||
| Q1 25 | 2.89× | — | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | 2.15× | — | ||
| Q2 24 | 3.23× | — | ||
| Q1 24 | 1.40× | — |
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
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
