vs
美国铁塔（AMT）与万塔（VNTG）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万塔的21.1倍（$219.8M vs $10.4M）。美国铁塔净利率更高（380.7% vs 45.0%，领先335.8%）
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。
该公司为欧洲通信基础设施企业，总部位于德国杜塞尔多夫，主营业务为面向移动网络运营商建设、运营管理并出租通信铁塔、天线桅杆及其他相关通信基础设施。
AMT vs VNTG — 直观对比
营收规模更大
AMT
是对方的21.1倍
$10.4M
净利率更高
AMT
高出335.8%
45.0%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $219.8M | $10.4M |
| 净利润 | $836.8M | $4.7M |
| 毛利率 | — | 68.6% |
| 营业利润率 | — | 54.1% |
| 净利率 | 380.7% | 45.0% |
| 营收同比 | 4.5% | — |
| 净利润同比 | -32.0% | — |
| 每股收益（稀释后） | $1.76 | — |
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AMTVNTG
| Q4 25 | $219.8M | — | ||
| Q3 25 | $246.4M | $10.4M | ||
| Q2 25 | $243.7M | — | ||
| Q1 25 | $226.0M | — | ||
| Q4 24 | $210.4M | — | ||
| Q3 24 | $190.4M | — | ||
| Q2 24 | $198.6M | — | ||
| Q1 24 | $175.2M | — |
净利润AMTVNTG
| Q4 25 | $836.8M | — | ||
| Q3 25 | $912.6M | $4.7M | ||
| Q2 25 | $380.5M | — | ||
| Q1 25 | $498.6M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $-780.4M | — | ||
| Q2 24 | $908.4M | — | ||
| Q1 24 | $921.7M | — |
毛利率AMTVNTG
| Q4 25 | — | — | ||
| Q3 25 | — | 68.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率AMTVNTG
| Q4 25 | — | — | ||
| Q3 25 | — | 54.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
净利率AMTVNTG
| Q4 25 | 380.7% | — | ||
| Q3 25 | 370.4% | 45.0% | ||
| Q2 25 | 156.1% | — | ||
| Q1 25 | 220.6% | — | ||
| Q4 24 | 584.8% | — | ||
| Q3 24 | -409.9% | — | ||
| Q2 24 | 457.4% | — | ||
| Q1 24 | 526.1% | — |
每股收益（稀释后）AMTVNTG
| 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 | — | ||
| Q1 24 | $1.96 | — |
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 | $1.5B | $5.9M |
| 总债务越低越好 | $33.8B | — |
| 股东权益账面价值 | $3.7B | $-360.2K |
| 总资产 | $63.2B | $11.2M |
| 负债/权益比越低杠杆越低 | 9.26× | — |
8季度趋势，按日历期对齐
现金及短期投资AMTVNTG
| Q4 25 | $1.5B | — | ||
| Q3 25 | $2.0B | $5.9M | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.4B | — |
总债务AMTVNTG
| 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 | — | ||
| Q1 24 | $36.2B | — |
股东权益AMTVNTG
| Q4 25 | $3.7B | — | ||
| Q3 25 | $4.0B | $-360.2K | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $4.0B | — |
总资产AMTVNTG
| Q4 25 | $63.2B | — | ||
| Q3 25 | $63.9B | $11.2M | ||
| Q2 25 | $63.8B | — | ||
| Q1 25 | $62.1B | — | ||
| Q4 24 | $61.1B | — | ||
| Q3 24 | $62.8B | — | ||
| Q2 24 | $65.8B | — | ||
| Q1 24 | $66.7B | — |
负债/权益比AMTVNTG
| 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× | — | ||
| Q1 24 | 8.94× | — |
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 | $1.4B | — |
| 自由现金流经营现金流 - 资本支出 | $848.3M | — |
| 自由现金流率自由现金流/营收 | 385.9% | — |
| 资本支出强度资本支出/营收 | 263.5% | — |
| 现金转化率经营现金流/净利润 | 1.71× | — |
| 过去12个月自由现金流最近4个季度 | $3.8B | — |
8季度趋势，按日历期对齐
经营现金流AMTVNTG
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
自由现金流AMTVNTG
| Q4 25 | $848.3M | — | ||
| Q3 25 | $994.5M | — | ||
| Q2 25 | $976.9M | — | ||
| Q1 25 | $963.9M | — | ||
| Q4 24 | $755.6M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $886.9M | — |
自由现金流率AMTVNTG
| Q4 25 | 385.9% | — | ||
| Q3 25 | 403.6% | — | ||
| Q2 25 | 400.9% | — | ||
| Q1 25 | 426.5% | — | ||
| Q4 24 | 359.1% | — | ||
| Q3 24 | 548.7% | — | ||
| Q2 24 | 510.2% | — | ||
| Q1 24 | 506.2% | — |
资本支出强度AMTVNTG
| Q4 25 | 263.5% | — | ||
| Q3 25 | 188.9% | — | ||
| Q2 25 | 125.0% | — | ||
| Q1 25 | 146.5% | — | ||
| Q4 24 | 210.7% | — | ||
| Q3 24 | 223.1% | — | ||
| Q2 24 | 163.7% | — | ||
| Q1 24 | 226.4% | — |
现金转化率AMTVNTG
| Q4 25 | 1.71× | — | ||
| Q3 25 | 1.60× | — | ||
| Q2 25 | 3.37× | — | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 0.97× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.47× | — | ||
| Q1 24 | 1.39× | — |
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
| Other | $82.9M | 38% |
| Non Lease Property Revenue | $72.5M | 33% |
| Services Revenue | $64.4M | 29% |
VNTG
暂无分部数据
