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Amentum Holdings, Inc.（AMTM）与CLEVELAND-CLIFFS INC.（CLF）财务数据对比。点击上方公司名可切换其他公司
CLEVELAND-CLIFFS INC.的季度营收约是Amentum Holdings, Inc.的1.3倍（$4.3B vs $3.2B），Amentum Holdings, Inc.净利率更高（1.4% vs -5.6%，领先6.9%），CLEVELAND-CLIFFS INC.同比增速更快（-0.3% vs -5.2%），Amentum Holdings, Inc.自由现金流更多（$-142.0M vs $-153.0M），过去两年Amentum Holdings, Inc.的营收复合增速更高（25.6% vs -8.9%）
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。
克利夫兰-克利夫斯公司是总部位于美国俄亥俄州克利夫兰的钢铁制造商，业务覆盖铁矿石开采、选矿、造球及钢铁冶炼，包含冲压与模具制造，是美国第二大钢铁生产商、北美最大扁钢生产商，位列财富500强第221位、福布斯全球2000强第1511位。
AMTM vs CLF — 直观对比
营收规模更大
CLF
是对方的1.3倍
$3.2B
营收增速更快
CLF
高出5.0%
-5.2%
净利率更高
AMTM
高出6.9%
-5.6%
自由现金流更多
AMTM
多$11.0M
$-153.0M
两年增速更快
AMTM
近两年复合增速
-8.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $4.3B |
| 净利润 | $44.0M | $-241.0M |
| 毛利率 | 10.1% | -5.0% |
| 营业利润率 | 4.3% | -7.9% |
| 净利率 | 1.4% | -5.6% |
| 营收同比 | -5.2% | -0.3% |
| 净利润同比 | 266.7% | 46.1% |
| 每股收益（稀释后） | $0.18 | — |
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AMTMCLF
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.9B | $4.3B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | $3.6B | $4.9B | ||
| Q1 25 | $3.5B | $4.6B | ||
| Q4 24 | $3.4B | $4.3B | ||
| Q3 24 | $2.2B | $4.6B | ||
| Q2 24 | $2.1B | $5.1B |
净利润AMTMCLF
| Q1 26 | $44.0M | — | ||
| Q4 25 | $40.0M | $-241.0M | ||
| Q3 25 | — | $-251.0M | ||
| Q2 25 | $10.0M | $-470.0M | ||
| Q1 25 | $4.0M | $-483.0M | ||
| Q4 24 | $12.0M | $-447.0M | ||
| Q3 24 | $26.0M | $-242.0M | ||
| Q2 24 | $-26.0M | $2.0M |
毛利率AMTMCLF
| Q1 26 | 10.1% | — | ||
| Q4 25 | 10.6% | -5.0% | ||
| Q3 25 | — | -1.0% | ||
| Q2 25 | 10.3% | -4.2% | ||
| Q1 25 | 10.5% | -8.4% | ||
| Q4 24 | 10.6% | -6.3% | ||
| Q3 24 | 9.0% | -2.3% | ||
| Q2 24 | 9.6% | 3.2% |
营业利润率AMTMCLF
| Q1 26 | 4.3% | — | ||
| Q4 25 | 3.4% | -7.9% | ||
| Q3 25 | — | -4.3% | ||
| Q2 25 | 2.9% | -10.1% | ||
| Q1 25 | 3.2% | -11.6% | ||
| Q4 24 | 3.9% | -10.8% | ||
| Q3 24 | 1.2% | -5.7% | ||
| Q2 24 | 4.2% | 0.1% |
净利率AMTMCLF
| Q1 26 | 1.4% | — | ||
| Q4 25 | 1.0% | -5.6% | ||
| Q3 25 | — | -5.3% | ||
| Q2 25 | 0.3% | -9.5% | ||
| Q1 25 | 0.1% | -10.4% | ||
| Q4 24 | 0.4% | -10.3% | ||
| Q3 24 | 1.2% | -5.3% | ||
| Q2 24 | -1.2% | 0.0% |
每股收益（稀释后）AMTMCLF
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.16 | — | ||
| Q3 25 | — | $-0.51 | ||
| Q2 25 | $0.04 | — | ||
| Q1 25 | $0.02 | — | ||
| Q4 24 | $0.05 | $-0.91 | ||
| Q3 24 | $0.31 | $-0.52 | ||
| Q2 24 | $-0.29 | $0.00 |
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 | $57.0M |
| 总债务越低越好 | $3.9B | $7.3B |
| 股东权益账面价值 | $4.6B | $6.1B |
| 总资产 | $11.2B | $20.0B |
| 负债/权益比越低杠杆越低 | 0.86× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资AMTMCLF
| Q1 26 | $247.0M | — | ||
| Q4 25 | $437.0M | $57.0M | ||
| Q3 25 | — | $66.0M | ||
| Q2 25 | $738.0M | $61.0M | ||
| Q1 25 | $546.0M | $57.0M | ||
| Q4 24 | $522.0M | $54.0M | ||
| Q3 24 | $452.0M | $39.0M | ||
| Q2 24 | — | $110.0M |
总债务AMTMCLF
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | $7.3B | ||
| Q3 25 | — | $8.0B | ||
| Q2 25 | $4.5B | $7.7B | ||
| Q1 25 | $4.7B | $7.6B | ||
| Q4 24 | $4.7B | $7.1B | ||
| Q3 24 | $4.7B | $3.8B | ||
| Q2 24 | — | $3.5B |
股东权益AMTMCLF
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $6.1B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | $4.5B | $5.8B | ||
| Q1 25 | $4.4B | $6.3B | ||
| Q4 24 | $4.5B | $6.7B | ||
| Q3 24 | $4.5B | $6.9B | ||
| Q2 24 | $303.0M | $7.1B |
总资产AMTMCLF
| Q1 26 | $11.2B | — | ||
| Q4 25 | $11.5B | $20.0B | ||
| Q3 25 | — | $20.3B | ||
| Q2 25 | $11.8B | $20.5B | ||
| Q1 25 | $12.0B | $20.8B | ||
| Q4 24 | $11.9B | $20.9B | ||
| Q3 24 | $12.0B | $16.8B | ||
| Q2 24 | — | $16.9B |
负债/权益比AMTMCLF
| Q1 26 | 0.86× | — | ||
| Q4 25 | 0.88× | 1.19× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 1.01× | 1.33× | ||
| Q1 25 | 1.06× | 1.22× | ||
| Q4 24 | 1.05× | 1.06× | ||
| Q3 24 | 1.05× | 0.55× | ||
| Q2 24 | — | 0.49× |
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 | $-13.0M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $-153.0M |
| 自由现金流率自由现金流/营收 | -4.4% | -3.5% |
| 资本支出强度资本支出/营收 | 0.2% | 3.2% |
| 现金转化率经营现金流/净利润 | -3.09× | — |
| 过去12个月自由现金流最近4个季度 | $272.0M | $-1.0B |
8季度趋势，按日历期对齐
经营现金流AMTMCLF
| Q1 26 | $-136.0M | — | ||
| Q4 25 | $270.0M | $-13.0M | ||
| Q3 25 | — | $-143.0M | ||
| Q2 25 | $106.0M | $45.0M | ||
| Q1 25 | $57.0M | $-351.0M | ||
| Q4 24 | $110.0M | $-472.0M | ||
| Q3 24 | — | $-84.0M | ||
| Q2 24 | — | $519.0M |
自由现金流AMTMCLF
| Q1 26 | $-142.0M | — | ||
| Q4 25 | $261.0M | $-153.0M | ||
| Q3 25 | — | $-300.0M | ||
| Q2 25 | $100.0M | $-67.0M | ||
| Q1 25 | $53.0M | $-503.0M | ||
| Q4 24 | $102.0M | $-677.0M | ||
| Q3 24 | — | $-235.0M | ||
| Q2 24 | — | $362.0M |
自由现金流率AMTMCLF
| Q1 26 | -4.4% | — | ||
| Q4 25 | 6.6% | -3.5% | ||
| Q3 25 | — | -6.3% | ||
| Q2 25 | 2.8% | -1.4% | ||
| Q1 25 | 1.5% | -10.9% | ||
| Q4 24 | 3.0% | -15.7% | ||
| Q3 24 | — | -5.1% | ||
| Q2 24 | — | 7.1% |
资本支出强度AMTMCLF
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 3.2% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | 0.2% | 2.3% | ||
| Q1 25 | 0.1% | 3.3% | ||
| Q4 24 | 0.2% | 4.7% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | 3.1% |
现金转化率AMTMCLF
| Q1 26 | -3.09× | — | ||
| Q4 25 | 6.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.60× | — | ||
| Q1 25 | 14.25× | — | ||
| Q4 24 | 9.17× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 259.50× |
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% |
CLF
| Hot Rolled Steel | $1.1B | 27% |
| Automotive | $1.1B | 27% |
| Steel Producers | $555.0M | 13% |
| Cold Rolled Steel | $530.0M | 12% |
| Other | $409.0M | 9% |
| Stainless And Electrical Steel | $404.0M | 9% |
| Other Businesses | $159.0M | 4% |
