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美国铁塔（AMT）与英格索兰（IR）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英格索兰的1.3倍（$2.7B vs $2.1B），美国铁塔净利率更高（110.1% vs 12.7%，领先97.4%），英格索兰同比增速更快（10.1% vs 6.8%），美国铁塔自由现金流更多（$941.0M vs $461.5M），过去两年英格索兰的营收复合增速更高（11.9% vs 3.7%）
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。
英格索兰是一家美国跨国企业，主营流体生产及工业产品业务。公司于2020年2月由原英格索兰plc的工业业务板块分拆后与加德纳丹佛合并组建，旗下拥有40多个品牌，产品覆盖全球所有主要市场。
AMT vs IR — 直观对比
营收规模更大
AMT
是对方的1.3倍
$2.1B
营收增速更快
IR
高出3.3%
6.8%
净利率更高
AMT
高出97.4%
12.7%
自由现金流更多
AMT
多$479.5M
$461.5M
两年增速更快
IR
近两年复合增速
3.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $2.1B |
| 净利润 | $3.0B | $266.1M |
| 毛利率 | — | 42.6% |
| 营业利润率 | 0.0% | 18.7% |
| 净利率 | 110.1% | 12.7% |
| 营收同比 | 6.8% | 10.1% |
| 净利润同比 | -2.6% | 15.8% |
| 每股收益（稀释后） | — | $0.67 |
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AMTIR
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $2.1B | ||
| Q3 25 | $2.7B | $2.0B | ||
| Q2 25 | $2.6B | $1.9B | ||
| Q1 25 | $2.6B | $1.7B | ||
| Q4 24 | $2.5B | $1.9B | ||
| Q3 24 | $2.5B | $1.9B | ||
| Q2 24 | $2.5B | $1.8B |
净利润AMTIR
| Q1 26 | $3.0B | — | ||
| Q4 25 | $836.8M | $266.1M | ||
| Q3 25 | $912.6M | $244.1M | ||
| Q2 25 | $380.5M | $-115.3M | ||
| Q1 25 | $498.6M | $186.5M | ||
| Q4 24 | $1.2B | $229.8M | ||
| Q3 24 | $-780.4M | $221.6M | ||
| Q2 24 | $908.4M | $185.0M |
毛利率AMTIR
| Q1 26 | — | — | ||
| Q4 25 | — | 42.6% | ||
| Q3 25 | — | 43.7% | ||
| Q2 25 | — | 43.7% | ||
| Q1 25 | — | 44.6% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 43.8% | ||
| Q2 24 | — | 43.9% |
营业利润率AMTIR
| Q1 26 | 0.0% | — | ||
| Q4 25 | 42.4% | 18.7% | ||
| Q3 25 | 45.4% | 19.2% | ||
| Q2 25 | 45.6% | 4.0% | ||
| Q1 25 | 48.9% | 17.6% | ||
| Q4 24 | 42.4% | 20.0% | ||
| Q3 24 | 45.2% | 19.1% | ||
| Q2 24 | 45.4% | 15.1% |
净利率AMTIR
| Q1 26 | 110.1% | — | ||
| Q4 25 | 30.6% | 12.7% | ||
| Q3 25 | 33.6% | 12.5% | ||
| Q2 25 | 14.5% | -6.1% | ||
| Q1 25 | 19.5% | 10.9% | ||
| Q4 24 | 48.3% | 12.1% | ||
| Q3 24 | -30.9% | 11.9% | ||
| Q2 24 | 35.7% | 10.2% |
每股收益（稀释后）AMTIR
| Q1 26 | — | — | ||
| Q4 25 | $1.76 | $0.67 | ||
| Q3 25 | $1.82 | $0.61 | ||
| Q2 25 | $0.78 | $-0.29 | ||
| Q1 25 | $1.04 | $0.46 | ||
| Q4 24 | $2.63 | $0.57 | ||
| Q3 24 | $-1.69 | $0.54 | ||
| Q2 24 | $1.92 | $0.45 |
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 | $1.2B |
| 总债务越低越好 | — | $4.8B |
| 股东权益账面价值 | $10.2B | $10.1B |
| 总资产 | — | $18.3B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资AMTIR
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.1B | $1.6B | ||
| Q4 24 | $2.0B | $1.5B | ||
| Q3 24 | $2.2B | $1.4B | ||
| Q2 24 | $2.2B | $1.1B |
总债务AMTIR
| Q1 26 | — | — | ||
| Q4 25 | $33.8B | $4.8B | ||
| Q3 25 | $34.9B | $4.8B | ||
| Q2 25 | $35.2B | $4.8B | ||
| Q1 25 | $34.0B | $4.8B | ||
| Q4 24 | $32.8B | $4.8B | ||
| Q3 24 | $33.4B | $4.8B | ||
| Q2 24 | $35.6B | $4.8B |
股东权益AMTIR
| Q1 26 | $10.2B | — | ||
| Q4 25 | $3.7B | $10.1B | ||
| Q3 25 | $4.0B | $10.1B | ||
| Q2 25 | $3.7B | $10.1B | ||
| Q1 25 | $3.5B | $10.5B | ||
| Q4 24 | $3.4B | $10.2B | ||
| Q3 24 | $3.6B | $10.3B | ||
| Q2 24 | $3.9B | $10.0B |
总资产AMTIR
| Q1 26 | — | — | ||
| Q4 25 | $63.2B | $18.3B | ||
| Q3 25 | $63.9B | $18.2B | ||
| Q2 25 | $63.8B | $18.1B | ||
| Q1 25 | $62.1B | $18.4B | ||
| Q4 24 | $61.1B | $18.0B | ||
| Q3 24 | $62.8B | $18.2B | ||
| Q2 24 | $65.8B | $17.8B |
负债/权益比AMTIR
| Q1 26 | — | — | ||
| Q4 25 | 9.26× | 0.47× | ||
| Q3 25 | 8.82× | 0.47× | ||
| Q2 25 | 9.48× | 0.47× | ||
| Q1 25 | 9.63× | 0.45× | ||
| Q4 24 | 9.70× | 0.47× | ||
| Q3 24 | 9.16× | 0.47× | ||
| Q2 24 | 9.24× | 0.48× |
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 | — | $499.0M |
| 自由现金流经营现金流 - 资本支出 | $941.0M | $461.5M |
| 自由现金流率自由现金流/营收 | 34.4% | 22.1% |
| 资本支出强度资本支出/营收 | 16.8% | 1.8% |
| 现金转化率经营现金流/净利润 | — | 1.88× |
| 过去12个月自由现金流最近4个季度 | $6.7B | $1.2B |
8季度趋势，按日历期对齐
经营现金流AMTIR
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $499.0M | ||
| Q3 25 | $1.5B | $354.6M | ||
| Q2 25 | $1.3B | $245.7M | ||
| Q1 25 | $1.3B | $256.4M | ||
| Q4 24 | $5.3B | $526.2M | ||
| Q3 24 | $1.5B | $404.0M | ||
| Q2 24 | $1.3B | $304.9M |
自由现金流AMTIR
| Q1 26 | $941.0M | — | ||
| Q4 25 | $3.8B | $461.5M | ||
| Q3 25 | $994.5M | $325.5M | ||
| Q2 25 | $976.9M | $210.4M | ||
| Q1 25 | $963.9M | $222.7M | ||
| Q4 24 | $3.7B | $490.9M | ||
| Q3 24 | $1.0B | $374.3M | ||
| Q2 24 | $1.0B | $283.1M |
自由现金流率AMTIR
| Q1 26 | 34.4% | — | ||
| Q4 25 | 138.2% | 22.1% | ||
| Q3 25 | 36.6% | 16.6% | ||
| Q2 25 | 37.2% | 11.1% | ||
| Q1 25 | 37.6% | 13.0% | ||
| Q4 24 | 145.3% | 25.9% | ||
| Q3 24 | 41.4% | 20.1% | ||
| Q2 24 | 39.8% | 15.7% |
资本支出强度AMTIR
| Q1 26 | 16.8% | — | ||
| Q4 25 | 61.4% | 1.8% | ||
| Q3 25 | 17.1% | 1.5% | ||
| Q2 25 | 11.6% | 1.9% | ||
| Q1 25 | 12.9% | 2.0% | ||
| Q4 24 | 62.4% | 1.9% | ||
| Q3 24 | 16.8% | 1.6% | ||
| Q2 24 | 12.8% | 1.2% |
现金转化率AMTIR
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | 1.88× | ||
| Q3 25 | 1.60× | 1.45× | ||
| Q2 25 | 3.37× | — | ||
| Q1 25 | 2.60× | 1.37× | ||
| Q4 24 | 4.30× | 2.29× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | 1.47× | 1.65× |
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
AMT
暂无分部数据
IR
| Transferred At Point In Time | $1.5B | 71% |
| Transferred Over Time | $193.0M | 9% |
| Precision And Science Technologies Segment | $183.1M | 9% |
| Acquisitions In2024 | $175.6M | 8% |
| Acquisitions In2025 | $70.8M | 3% |
