vs
美国铁塔（AMT）与赫兹（HTZ）财务数据对比。点击上方公司名可切换其他公司
美国铁塔的季度营收约是赫兹的1.4倍（$2.7B vs $2.0B），美国铁塔净利率更高（110.1% vs -16.6%，领先126.7%），过去两年美国铁塔的营收复合增速更高（3.7% vs -7.7%）
美国铁塔是全球规模最大的房地产投资信托基金（REIT）之一，作为领先的独立多租户通信地产持有、运营及开发商，目前在全球范围内拥有约21.9万个通信站点，为全球通信产业提供可靠的基础设施支持。
赫兹全球控股是美国知名汽车租赁企业，总部位于佛罗里达州埃斯特罗。公司运营赫兹同名核心品牌，同时拥有Dollar、Firefly、Thrifty等多个汽车租赁子品牌，业务覆盖全球广泛市场，为客户提供多元出行租赁解决方案。
AMT vs HTZ — 直观对比
营收规模更大
AMT
是对方的1.4倍
$2.0B
净利率更高
AMT
高出126.7%
-16.6%
两年增速更快
AMT
近两年复合增速
-7.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $2.0B |
| 净利润 | $3.0B | $-333.0M |
| 毛利率 | — | — |
| 营业利润率 | 45.3% | — |
| 净利率 | 110.1% | -16.6% |
| 营收同比 | — | 11.0% |
| 净利润同比 | — | 24.8% |
| 每股收益（稀释后） | — | $-1.06 |
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AMTHTZ
| Q1 26 | $2.7B | $2.0B | ||
| Q4 25 | $2.7B | $2.0B | ||
| Q3 25 | $2.7B | $2.5B | ||
| Q2 25 | $2.6B | $2.2B | ||
| Q1 25 | $2.6B | $1.8B | ||
| Q4 24 | $2.5B | $2.0B | ||
| Q3 24 | $2.5B | $2.6B | ||
| Q2 24 | $2.5B | $2.4B |
净利润AMTHTZ
| Q1 26 | $3.0B | $-333.0M | ||
| Q4 25 | $836.8M | $-194.0M | ||
| Q3 25 | $912.6M | $184.0M | ||
| Q2 25 | $380.5M | $-294.0M | ||
| Q1 25 | $498.6M | $-443.0M | ||
| Q4 24 | $1.2B | $-479.0M | ||
| Q3 24 | $-780.4M | $-1.3B | ||
| Q2 24 | $908.4M | $-865.0M |
营业利润率AMTHTZ
| Q1 26 | 45.3% | — | ||
| Q4 25 | 42.4% | -11.0% | ||
| Q3 25 | 45.4% | 9.4% | ||
| Q2 25 | 45.6% | -14.5% | ||
| Q1 25 | 48.9% | -29.0% | ||
| Q4 24 | 42.4% | -27.6% | ||
| Q3 24 | 45.2% | -62.9% | ||
| Q2 24 | 45.4% | -20.1% |
净利率AMTHTZ
| Q1 26 | 110.1% | -16.6% | ||
| Q4 25 | 30.6% | -9.6% | ||
| Q3 25 | 33.6% | 7.4% | ||
| Q2 25 | 14.5% | -13.5% | ||
| Q1 25 | 19.5% | -24.4% | ||
| Q4 24 | 48.3% | -23.5% | ||
| Q3 24 | -30.9% | -51.7% | ||
| Q2 24 | 35.7% | -36.8% |
每股收益（稀释后）AMTHTZ
| Q1 26 | — | $-1.06 | ||
| Q4 25 | $1.76 | $-0.46 | ||
| Q3 25 | $1.82 | $0.42 | ||
| Q2 25 | $0.78 | $-0.95 | ||
| Q1 25 | $1.04 | $-1.44 | ||
| Q4 24 | $2.63 | $-1.57 | ||
| Q3 24 | $-1.69 | $-4.34 | ||
| Q2 24 | $1.92 | $-2.82 |
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 | $1.6B | $583.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.2B | — |
| 总资产 | — | $23.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AMTHTZ
| Q1 26 | $1.6B | $583.0M | ||
| Q4 25 | $1.5B | $565.0M | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.1B | $503.0M | ||
| Q1 25 | $2.1B | $626.0M | ||
| Q4 24 | $2.0B | $592.0M | ||
| Q3 24 | $2.2B | $501.0M | ||
| Q2 24 | $2.2B | $568.0M |
总债务AMTHTZ
| Q1 26 | — | — | ||
| Q4 25 | $33.8B | — | ||
| Q3 25 | $34.9B | — | ||
| Q2 25 | $35.2B | — | ||
| Q1 25 | $34.0B | — | ||
| Q4 24 | $32.8B | — | ||
| Q3 24 | $33.4B | — | ||
| Q2 24 | $35.6B | — |
股东权益AMTHTZ
| Q1 26 | $10.2B | — | ||
| Q4 25 | $3.7B | $-459.0M | ||
| Q3 25 | $4.0B | $-317.0M | ||
| Q2 25 | $3.7B | $-504.0M | ||
| Q1 25 | $3.5B | $-262.0M | ||
| Q4 24 | $3.4B | $153.0M | ||
| Q3 24 | $3.6B | $681.0M | ||
| Q2 24 | $3.9B | $2.0B |
总资产AMTHTZ
| Q1 26 | — | $23.3B | ||
| Q4 25 | $63.2B | $22.3B | ||
| Q3 25 | $63.9B | $23.0B | ||
| Q2 25 | $63.8B | $23.1B | ||
| Q1 25 | $62.1B | $22.0B | ||
| Q4 24 | $61.1B | $21.8B | ||
| Q3 24 | $62.8B | $23.0B | ||
| Q2 24 | $65.8B | $25.2B |
负债/权益比AMTHTZ
| Q1 26 | — | — | ||
| Q4 25 | 9.26× | — | ||
| Q3 25 | 8.82× | — | ||
| Q2 25 | 9.48× | — | ||
| Q1 25 | 9.63× | — | ||
| Q4 24 | 9.70× | — | ||
| Q3 24 | 9.16× | — | ||
| Q2 24 | 9.24× | — |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $941.0M | — |
| 自由现金流率自由现金流/营收 | 34.4% | — |
| 资本支出强度资本支出/营收 | 16.8% | 53.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $6.7B | — |
8季度趋势，按日历期对齐
经营现金流AMTHTZ
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $193.0M | ||
| Q3 25 | $1.5B | $835.0M | ||
| Q2 25 | $1.3B | $346.0M | ||
| Q1 25 | $1.3B | $251.0M | ||
| Q4 24 | $5.3B | $414.0M | ||
| Q3 24 | $1.5B | $894.0M | ||
| Q2 24 | $1.3B | $546.0M |
自由现金流AMTHTZ
| Q1 26 | $941.0M | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $994.5M | — | ||
| Q2 25 | $976.9M | — | ||
| Q1 25 | $963.9M | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — |
自由现金流率AMTHTZ
| Q1 26 | 34.4% | — | ||
| Q4 25 | 138.2% | — | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 37.2% | — | ||
| Q1 25 | 37.6% | — | ||
| Q4 24 | 145.3% | — | ||
| Q3 24 | 41.4% | — | ||
| Q2 24 | 39.8% | — |
资本支出强度AMTHTZ
| Q1 26 | 16.8% | 53.6% | ||
| Q4 25 | 61.4% | — | ||
| Q3 25 | 17.1% | — | ||
| Q2 25 | 11.6% | — | ||
| Q1 25 | 12.9% | — | ||
| Q4 24 | 62.4% | — | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | 12.8% | — |
现金转化率AMTHTZ
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | — | ||
| Q3 25 | 1.60× | 4.54× | ||
| Q2 25 | 3.37× | — | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 4.30× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.47× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
