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Amentum Holdings, Inc.（AMTM）与博思艾伦汉密尔顿（BAH）财务数据对比。点击上方公司名可切换其他公司
Amentum Holdings, Inc.的季度营收约是博思艾伦汉密尔顿的1.2倍（$3.2B vs $2.6B），博思艾伦汉密尔顿净利率更高（7.6% vs 1.4%，领先6.3%），Amentum Holdings, Inc.同比增速更快（-5.2% vs -10.2%），博思艾伦汉密尔顿自由现金流更多（$248.0M vs $-142.0M），过去两年Amentum Holdings, Inc.的营收复合增速更高（25.6% vs -2.8%）
本公司是总部位于美国达拉斯的跨国技术专业服务企业，面向全球企业、机构及政府部门客户提供工程、技术、建设服务以及科学与专项咨询服务，连续6年蝉联《工程新闻纪录》（ENR）全球顶尖设计企业500强榜首。
博思艾伦汉密尔顿控股集团是美国知名专业服务企业，深耕数字化转型与人工智能领域，为公共部门、私营机构及非营利组织提供咨询、分析与工程服务，总部位于弗吉尼亚州麦克莱恩，属华盛顿大都会区，在全球另设有80个办事处。
AMTM vs BAH — 直观对比
营收规模更大
AMTM
是对方的1.2倍
$2.6B
营收增速更快
AMTM
高出4.9%
-10.2%
净利率更高
BAH
高出6.3%
1.4%
自由现金流更多
BAH
多$390.0M
$-142.0M
两年增速更快
AMTM
近两年复合增速
-2.8%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.6B |
| 净利润 | $44.0M | $200.0M |
| 毛利率 | 10.1% | 51.9% |
| 营业利润率 | 4.3% | 8.8% |
| 净利率 | 1.4% | 7.6% |
| 营收同比 | -5.2% | -10.2% |
| 净利润同比 | 266.7% | 7.0% |
| 每股收益（稀释后） | $0.18 | $1.63 |
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AMTMBAH
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.9B | $2.6B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | $3.6B | $2.9B | ||
| Q1 25 | $3.5B | $3.0B | ||
| Q4 24 | $3.4B | $2.9B | ||
| Q3 24 | $2.2B | $3.1B | ||
| Q2 24 | $2.1B | $2.9B |
净利润AMTMBAH
| Q1 26 | $44.0M | — | ||
| Q4 25 | $40.0M | $200.0M | ||
| Q3 25 | — | $175.0M | ||
| Q2 25 | $10.0M | $271.0M | ||
| Q1 25 | $4.0M | $192.7M | ||
| Q4 24 | $12.0M | $186.9M | ||
| Q3 24 | $26.0M | $390.1M | ||
| Q2 24 | $-26.0M | $165.2M |
毛利率AMTMBAH
| Q1 26 | 10.1% | — | ||
| Q4 25 | 10.6% | 51.9% | ||
| Q3 25 | — | 53.6% | ||
| Q2 25 | 10.3% | 51.3% | ||
| Q1 25 | 10.5% | 53.6% | ||
| Q4 24 | 10.6% | 55.2% | ||
| Q3 24 | 9.0% | 56.7% | ||
| Q2 24 | 9.6% | 53.4% |
营业利润率AMTMBAH
| Q1 26 | 4.3% | — | ||
| Q4 25 | 3.4% | 8.8% | ||
| Q3 25 | — | 9.8% | ||
| Q2 25 | 2.9% | 8.8% | ||
| Q1 25 | 3.2% | 9.2% | ||
| Q4 24 | 3.9% | 10.0% | ||
| Q3 24 | 1.2% | 17.4% | ||
| Q2 24 | 4.2% | 8.7% |
净利率AMTMBAH
| Q1 26 | 1.4% | — | ||
| Q4 25 | 1.0% | 7.6% | ||
| Q3 25 | — | 6.1% | ||
| Q2 25 | 0.3% | 9.3% | ||
| Q1 25 | 0.1% | 6.5% | ||
| Q4 24 | 0.4% | 6.4% | ||
| Q3 24 | 1.2% | 12.4% | ||
| Q2 24 | -1.2% | 5.6% |
每股收益（稀释后）AMTMBAH
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.16 | $1.63 | ||
| Q3 25 | — | $1.42 | ||
| Q2 25 | $0.04 | $2.16 | ||
| Q1 25 | $0.02 | $1.52 | ||
| Q4 24 | $0.05 | $1.45 | ||
| Q3 24 | $0.31 | $3.01 | ||
| Q2 24 | $-0.29 | $1.27 |
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 | $247.0M | $882.0M |
| 总债务越低越好 | $3.9B | $3.9B |
| 股东权益账面价值 | $4.6B | $1.0B |
| 总资产 | $11.2B | $7.1B |
| 负债/权益比越低杠杆越低 | 0.86× | 3.84× |
8季度趋势，按日历期对齐
现金及短期投资AMTMBAH
| Q1 26 | $247.0M | — | ||
| Q4 25 | $437.0M | $882.0M | ||
| Q3 25 | — | $816.0M | ||
| Q2 25 | $738.0M | $711.0M | ||
| Q1 25 | $546.0M | $885.0M | ||
| Q4 24 | $522.0M | $453.5M | ||
| Q3 24 | $452.0M | $558.7M | ||
| Q2 24 | — | $297.7M |
总债务AMTMBAH
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $3.9B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | $4.5B | $4.0B | ||
| Q1 25 | $4.7B | $4.0B | ||
| Q4 24 | $4.7B | $3.4B | ||
| Q3 24 | $4.7B | $3.4B | ||
| Q2 24 | — | $3.4B |
股东权益AMTMBAH
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $1.0B | ||
| Q3 25 | — | $996.0M | ||
| Q2 25 | $4.5B | $1.1B | ||
| Q1 25 | $4.4B | $1.0B | ||
| Q4 24 | $4.5B | $1.2B | ||
| Q3 24 | $4.5B | $1.2B | ||
| Q2 24 | $303.0M | $1.1B |
总资产AMTMBAH
| Q1 26 | $11.2B | — | ||
| Q4 25 | $11.5B | $7.1B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | $11.8B | $7.2B | ||
| Q1 25 | $12.0B | $7.3B | ||
| Q4 24 | $11.9B | $6.8B | ||
| Q3 24 | $12.0B | $6.9B | ||
| Q2 24 | — | $6.6B |
负债/权益比AMTMBAH
| Q1 26 | 0.86× | — | ||
| Q4 25 | 0.88× | 3.84× | ||
| Q3 25 | — | 3.98× | ||
| Q2 25 | 1.01× | 3.74× | ||
| Q1 25 | 1.06× | 3.99× | ||
| Q4 24 | 1.05× | 2.79× | ||
| Q3 24 | 1.05× | 2.83× | ||
| Q2 24 | — | 3.14× |
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 | $-136.0M | $261.0M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $248.0M |
| 自由现金流率自由现金流/营收 | -4.4% | 9.5% |
| 资本支出强度资本支出/营收 | 0.2% | 0.5% |
| 现金转化率经营现金流/净利润 | -3.09× | 1.30× |
| 过去12个月自由现金流最近4个季度 | $272.0M | $933.4M |
8季度趋势，按日历期对齐
经营现金流AMTMBAH
| Q1 26 | $-136.0M | — | ||
| Q4 25 | $270.0M | $261.0M | ||
| Q3 25 | — | $421.0M | ||
| Q2 25 | $106.0M | $119.0M | ||
| Q1 25 | $57.0M | $219.0M | ||
| Q4 24 | $110.0M | $150.8M | ||
| Q3 24 | — | $587.1M | ||
| Q2 24 | — | $52.1M |
自由现金流AMTMBAH
| Q1 26 | $-142.0M | — | ||
| Q4 25 | $261.0M | $248.0M | ||
| Q3 25 | — | $395.0M | ||
| Q2 25 | $100.0M | $96.0M | ||
| Q1 25 | $53.0M | $194.4M | ||
| Q4 24 | $102.0M | $133.6M | ||
| Q3 24 | — | $563.3M | ||
| Q2 24 | — | $19.7M |
自由现金流率AMTMBAH
| Q1 26 | -4.4% | — | ||
| Q4 25 | 6.6% | 9.5% | ||
| Q3 25 | — | 13.7% | ||
| Q2 25 | 2.8% | 3.3% | ||
| Q1 25 | 1.5% | 6.5% | ||
| Q4 24 | 3.0% | 4.6% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | 0.7% |
资本支出强度AMTMBAH
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 0.5% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | 0.2% | 0.8% | ||
| Q1 25 | 0.1% | 0.8% | ||
| Q4 24 | 0.2% | 0.6% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 1.1% |
现金转化率AMTMBAH
| Q1 26 | -3.09× | — | ||
| Q4 25 | 6.75× | 1.30× | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | 10.60× | 0.44× | ||
| Q1 25 | 14.25× | 1.14× | ||
| Q4 24 | 9.17× | 0.81× | ||
| Q3 24 | — | 1.50× | ||
| Q2 24 | — | 0.32× |
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
AMTM
| Global Engineering Solutions Segment | $1.9B | 59% |
| Other U.S.Government Agencies | $400.0M | 12% |
| Fixed Price Contract | $380.0M | 12% |
| Commercial And International | $226.0M | 7% |
| Time And Materials Contract | $171.0M | 5% |
| Sales Channel Through Intermediary | $78.0M | 2% |
| Equity Method Investee | $50.0M | 2% |
BAH
| Defense Clients | $1.5B | 55% |
| Civil Clients | $732.0M | 28% |
| Intelligence Clients | $434.0M | 17% |
