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美国铁塔（AMT）与豪士科（OSK）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豪士科的1.2倍（$2.7B vs $2.3B），美国铁塔净利率更高（110.1% vs 1.9%，领先108.3%），过去两年美国铁塔的营收复合增速更高（3.7% vs -9.8%）
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。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
AMT vs OSK — 直观对比
营收规模更大
AMT
是对方的1.2倍
$2.3B
净利率更高
AMT
高出108.3%
1.9%
两年增速更快
AMT
近两年复合增速
-9.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $2.3B |
| 净利润 | $3.0B | $43.1M |
| 毛利率 | — | 13.5% |
| 营业利润率 | 45.3% | 3.5% |
| 净利率 | 110.1% | 1.9% |
| 营收同比 | — | 0.2% |
| 净利润同比 | — | -61.6% |
| 每股收益（稀释后） | — | $0.68 |
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AMTOSK
| Q1 26 | $2.7B | $2.3B | ||
| Q4 25 | $2.7B | $2.7B | ||
| Q3 25 | $2.7B | $2.7B | ||
| Q2 25 | $2.6B | $2.7B | ||
| Q1 25 | $2.6B | $2.3B | ||
| Q4 24 | $2.5B | $2.6B | ||
| Q3 24 | $2.5B | $2.7B | ||
| Q2 24 | $2.5B | $2.8B |
净利润AMTOSK
| Q1 26 | $3.0B | $43.1M | ||
| Q4 25 | $836.8M | $133.8M | ||
| Q3 25 | $912.6M | $196.2M | ||
| Q2 25 | $380.5M | $204.8M | ||
| Q1 25 | $498.6M | $112.2M | ||
| Q4 24 | $1.2B | $153.1M | ||
| Q3 24 | $-780.4M | $180.3M | ||
| Q2 24 | $908.4M | $168.6M |
毛利率AMTOSK
| Q1 26 | — | 13.5% | ||
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 19.2% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 19.2% |
营业利润率AMTOSK
| Q1 26 | 45.3% | 3.5% | ||
| Q4 25 | 42.4% | 7.9% | ||
| Q3 25 | 45.4% | 9.7% | ||
| Q2 25 | 45.6% | 10.7% | ||
| Q1 25 | 48.9% | 7.6% | ||
| Q4 24 | 42.4% | 8.6% | ||
| Q3 24 | 45.2% | 9.7% | ||
| Q2 24 | 45.4% | 9.2% |
净利率AMTOSK
| Q1 26 | 110.1% | 1.9% | ||
| Q4 25 | 30.6% | 5.0% | ||
| Q3 25 | 33.6% | 7.3% | ||
| Q2 25 | 14.5% | 7.5% | ||
| Q1 25 | 19.5% | 4.9% | ||
| Q4 24 | 48.3% | 5.9% | ||
| Q3 24 | -30.9% | 6.6% | ||
| Q2 24 | 35.7% | 5.9% |
每股收益（稀释后）AMTOSK
| Q1 26 | — | $0.68 | ||
| Q4 25 | $1.76 | — | ||
| Q3 25 | $1.82 | — | ||
| Q2 25 | $0.78 | — | ||
| Q1 25 | $1.04 | — | ||
| Q4 24 | $2.63 | — | ||
| Q3 24 | $-1.69 | — | ||
| Q2 24 | $1.92 | — |
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 | $250.3M |
| 总债务越低越好 | — | $600.6M |
| 股东权益账面价值 | $10.2B | — |
| 总资产 | — | $10.0B |
| 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AMTOSK
| Q1 26 | $1.6B | $250.3M | ||
| Q4 25 | $1.5B | $479.8M | ||
| Q3 25 | $2.0B | $211.8M | ||
| Q2 25 | $2.1B | $191.7M | ||
| Q1 25 | $2.1B | $210.3M | ||
| Q4 24 | $2.0B | $204.9M | ||
| Q3 24 | $2.2B | $160.9M | ||
| Q2 24 | $2.2B | $141.4M |
总债务AMTOSK
| Q1 26 | — | $600.6M | ||
| Q4 25 | $33.8B | — | ||
| Q3 25 | $34.9B | — | ||
| Q2 25 | $35.2B | — | ||
| Q1 25 | $34.0B | — | ||
| Q4 24 | $32.8B | — | ||
| Q3 24 | $33.4B | $602.3M | ||
| Q2 24 | $35.6B | $599.1M |
股东权益AMTOSK
| Q1 26 | $10.2B | — | ||
| Q4 25 | $3.7B | $4.5B | ||
| Q3 25 | $4.0B | $4.5B | ||
| Q2 25 | $3.7B | $4.5B | ||
| Q1 25 | $3.5B | $4.2B | ||
| Q4 24 | $3.4B | $4.2B | ||
| Q3 24 | $3.6B | $4.1B | ||
| Q2 24 | $3.9B | $3.9B |
总资产AMTOSK
| Q1 26 | — | $10.0B | ||
| Q4 25 | $63.2B | $10.1B | ||
| Q3 25 | $63.9B | $9.8B | ||
| Q2 25 | $63.8B | $10.0B | ||
| Q1 25 | $62.1B | $9.8B | ||
| Q4 24 | $61.1B | $9.4B | ||
| Q3 24 | $62.8B | $9.9B | ||
| Q2 24 | $65.8B | $9.7B |
负债/权益比AMTOSK
| 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× | 0.15× | ||
| Q2 24 | 9.24× | 0.15× |
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% | — |
| 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AMTOSK
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $600.1M | ||
| Q3 25 | $1.5B | $489.0M | ||
| Q2 25 | $1.3B | $89.2M | ||
| Q1 25 | $1.3B | $-394.9M | ||
| Q4 24 | $5.3B | $790.8M | ||
| Q3 24 | $1.5B | $326.1M | ||
| Q2 24 | $1.3B | $-211.0M |
自由现金流AMTOSK
| Q1 26 | $941.0M | — | ||
| Q4 25 | $3.8B | $540.3M | ||
| Q3 25 | $994.5M | $464.3M | ||
| Q2 25 | $976.9M | $48.6M | ||
| Q1 25 | $963.9M | $-435.2M | ||
| Q4 24 | $3.7B | $703.3M | ||
| Q3 24 | $1.0B | $272.2M | ||
| Q2 24 | $1.0B | $-250.5M |
自由现金流率AMTOSK
| Q1 26 | 34.4% | — | ||
| Q4 25 | 138.2% | 20.1% | ||
| Q3 25 | 36.6% | 17.3% | ||
| Q2 25 | 37.2% | 1.8% | ||
| Q1 25 | 37.6% | -18.8% | ||
| Q4 24 | 145.3% | 27.1% | ||
| Q3 24 | 41.4% | 9.9% | ||
| Q2 24 | 39.8% | -8.8% |
资本支出强度AMTOSK
| Q1 26 | 16.8% | — | ||
| Q4 25 | 61.4% | 2.2% | ||
| Q3 25 | 17.1% | 0.9% | ||
| Q2 25 | 11.6% | 1.5% | ||
| Q1 25 | 12.9% | 1.7% | ||
| Q4 24 | 62.4% | 3.4% | ||
| Q3 24 | 16.8% | 2.0% | ||
| Q2 24 | 12.8% | 1.4% |
现金转化率AMTOSK
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | 4.49× | ||
| Q3 25 | 1.60× | 2.49× | ||
| Q2 25 | 3.37× | 0.44× | ||
| Q1 25 | 2.60× | -3.52× | ||
| Q4 24 | 4.30× | 5.17× | ||
| Q3 24 | — | 1.81× | ||
| Q2 24 | 1.47× | -1.25× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
