vs
美国铁塔（AMT）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
史丹利百得的季度营收约是美国铁塔的1.4倍（$3.8B vs $2.7B），美国铁塔净利率更高（110.1% vs 1.4%，领先108.7%），美国铁塔同比增速更快（6.8% vs 0.1%），美国铁塔自由现金流更多（$941.0M vs $155.3M），过去两年美国铁塔的营收复合增速更高（3.7% vs 0.3%）
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。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
AMT vs SWK — 直观对比
营收规模更大
SWK
是对方的1.4倍
$2.7B
营收增速更快
AMT
高出6.7%
0.1%
净利率更高
AMT
高出108.7%
1.4%
自由现金流更多
AMT
多$785.7M
$155.3M
两年增速更快
AMT
近两年复合增速
0.3%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $3.8B |
| 净利润 | $3.0B | $51.4M |
| 毛利率 | — | 31.4% |
| 营业利润率 | 0.0% | — |
| 净利率 | 110.1% | 1.4% |
| 营收同比 | 6.8% | 0.1% |
| 净利润同比 | -2.6% | -43.6% |
| 每股收益（稀释后） | — | $0.34 |
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AMTSWK
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.7B | $3.8B | ||
| Q2 25 | $2.6B | $3.9B | ||
| Q1 25 | $2.6B | $3.7B | ||
| Q4 24 | $2.5B | $3.7B | ||
| Q3 24 | $2.5B | $3.8B | ||
| Q2 24 | $2.5B | $4.0B |
净利润AMTSWK
| Q1 26 | $3.0B | — | ||
| Q4 25 | $836.8M | — | ||
| Q3 25 | $912.6M | $51.4M | ||
| Q2 25 | $380.5M | $101.9M | ||
| Q1 25 | $498.6M | $90.4M | ||
| Q4 24 | $1.2B | $194.9M | ||
| Q3 24 | $-780.4M | $91.1M | ||
| Q2 24 | $908.4M | $-11.2M |
毛利率AMTSWK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.0% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 30.8% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 28.4% |
营业利润率AMTSWK
| Q1 26 | 0.0% | — | ||
| Q4 25 | 42.4% | — | ||
| Q3 25 | 45.4% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 48.9% | — | ||
| Q4 24 | 42.4% | 3.4% | ||
| Q3 24 | 45.2% | 10.6% | ||
| Q2 24 | 45.4% | 9.5% |
净利率AMTSWK
| Q1 26 | 110.1% | — | ||
| Q4 25 | 30.6% | — | ||
| Q3 25 | 33.6% | 1.4% | ||
| Q2 25 | 14.5% | 2.6% | ||
| Q1 25 | 19.5% | 2.4% | ||
| Q4 24 | 48.3% | 5.2% | ||
| Q3 24 | -30.9% | 2.4% | ||
| Q2 24 | 35.7% | -0.3% |
每股收益（稀释后）AMTSWK
| Q1 26 | — | — | ||
| Q4 25 | $1.76 | — | ||
| Q3 25 | $1.82 | $0.34 | ||
| Q2 25 | $0.78 | $0.67 | ||
| Q1 25 | $1.04 | $0.60 | ||
| Q4 24 | $2.63 | $1.29 | ||
| Q3 24 | $-1.69 | $0.60 | ||
| Q2 24 | $1.92 | $-0.07 |
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 | $268.3M |
| 总债务越低越好 | — | $5.3B |
| 股东权益账面价值 | $10.2B | $9.0B |
| 总资产 | — | $21.8B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资AMTSWK
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $2.0B | $268.3M | ||
| Q2 25 | $2.1B | $311.8M | ||
| Q1 25 | $2.1B | $344.8M | ||
| Q4 24 | $2.0B | $290.5M | ||
| Q3 24 | $2.2B | $298.7M | ||
| Q2 24 | $2.2B | $318.5M |
总债务AMTSWK
| Q1 26 | — | — | ||
| Q4 25 | $33.8B | — | ||
| Q3 25 | $34.9B | $5.3B | ||
| Q2 25 | $35.2B | $5.6B | ||
| Q1 25 | $34.0B | $5.6B | ||
| Q4 24 | $32.8B | $6.1B | ||
| Q3 24 | $33.4B | $6.1B | ||
| Q2 24 | $35.6B | $6.1B |
股东权益AMTSWK
| Q1 26 | $10.2B | — | ||
| Q4 25 | $3.7B | — | ||
| Q3 25 | $4.0B | $9.0B | ||
| Q2 25 | $3.7B | $9.1B | ||
| Q1 25 | $3.5B | $8.8B | ||
| Q4 24 | $3.4B | $8.7B | ||
| Q3 24 | $3.6B | $8.9B | ||
| Q2 24 | $3.9B | $8.7B |
总资产AMTSWK
| Q1 26 | — | — | ||
| Q4 25 | $63.2B | — | ||
| Q3 25 | $63.9B | $21.8B | ||
| Q2 25 | $63.8B | $22.5B | ||
| Q1 25 | $62.1B | $22.5B | ||
| Q4 24 | $61.1B | $21.8B | ||
| Q3 24 | $62.8B | $22.5B | ||
| Q2 24 | $65.8B | $22.5B |
负债/权益比AMTSWK
| Q1 26 | — | — | ||
| Q4 25 | 9.26× | — | ||
| Q3 25 | 8.82× | 0.59× | ||
| Q2 25 | 9.48× | 0.62× | ||
| Q1 25 | 9.63× | 0.63× | ||
| Q4 24 | 9.70× | 0.70× | ||
| Q3 24 | 9.16× | 0.69× | ||
| Q2 24 | 9.24× | 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 | — | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $941.0M | $155.3M |
| 自由现金流率自由现金流/营收 | 34.4% | 4.1% |
| 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 | — | 4.30× |
| 过去12个月自由现金流最近4个季度 | $6.7B | $369.6M |
8季度趋势，按日历期对齐
经营现金流AMTSWK
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | — | ||
| Q3 25 | $1.5B | $221.2M | ||
| Q2 25 | $1.3B | $214.3M | ||
| Q1 25 | $1.3B | $-420.0M | ||
| Q4 24 | $5.3B | $679.1M | ||
| Q3 24 | $1.5B | $285.8M | ||
| Q2 24 | $1.3B | $573.0M |
自由现金流AMTSWK
| Q1 26 | $941.0M | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $994.5M | $155.3M | ||
| Q2 25 | $976.9M | $134.7M | ||
| Q1 25 | $963.9M | $-485.0M | ||
| Q4 24 | $3.7B | $564.6M | ||
| Q3 24 | $1.0B | $199.3M | ||
| Q2 24 | $1.0B | $485.8M |
自由现金流率AMTSWK
| Q1 26 | 34.4% | — | ||
| Q4 25 | 138.2% | — | ||
| Q3 25 | 36.6% | 4.1% | ||
| Q2 25 | 37.2% | 3.4% | ||
| Q1 25 | 37.6% | -13.0% | ||
| Q4 24 | 145.3% | 15.2% | ||
| Q3 24 | 41.4% | 5.3% | ||
| Q2 24 | 39.8% | 12.1% |
资本支出强度AMTSWK
| Q1 26 | 16.8% | — | ||
| Q4 25 | 61.4% | — | ||
| Q3 25 | 17.1% | 1.8% | ||
| Q2 25 | 11.6% | 2.0% | ||
| Q1 25 | 12.9% | 1.7% | ||
| Q4 24 | 62.4% | 3.1% | ||
| Q3 24 | 16.8% | 2.3% | ||
| Q2 24 | 12.8% | 2.2% |
现金转化率AMTSWK
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | — | ||
| Q3 25 | 1.60× | 4.30× | ||
| Q2 25 | 3.37× | 2.10× | ||
| Q1 25 | 2.60× | -4.65× | ||
| Q4 24 | 4.30× | 3.48× | ||
| Q3 24 | — | 3.14× | ||
| 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
业务分部营收拆解
AMT
暂无分部数据
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
