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Amentum Holdings, Inc.（AMTM）与Leidos（LDOS）财务数据对比。点击上方公司名可切换其他公司
Leidos的季度营收约是Amentum Holdings, Inc.的1.3倍（$4.2B vs $3.2B），Leidos净利率更高（7.8% vs 1.4%，领先6.4%），Leidos同比增速更快（-3.5% vs -5.2%），Leidos自由现金流更多（$452.0M vs $-142.0M），过去两年Amentum Holdings, Inc.的营收复合增速更高（25.6% vs 3.1%）
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。
Leidos Holdings, Inc.是总部位于美国弗吉尼亚州雷斯顿的企业，业务覆盖国防、航空、信息技术、生物医学研究领域，提供科研、工程、系统集成及技术服务。其前身为科学应用国际公司（SAIC），2016年8月与洛克希德·马丁旗下IT业务板块合并，成为国防行业规模最大的IT服务提供商。
AMTM vs LDOS — 直观对比
营收规模更大
LDOS
是对方的1.3倍
$3.2B
营收增速更快
LDOS
高出1.7%
-5.2%
净利率更高
LDOS
高出6.4%
1.4%
自由现金流更多
LDOS
多$594.0M
$-142.0M
两年增速更快
AMTM
近两年复合增速
3.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $4.2B |
| 净利润 | $44.0M | $327.0M |
| 毛利率 | 10.1% | 17.4% |
| 营业利润率 | 4.3% | 11.3% |
| 净利率 | 1.4% | 7.8% |
| 营收同比 | -5.2% | -3.5% |
| 净利润同比 | 266.7% | 15.1% |
| 每股收益（稀释后） | $0.18 | $2.54 |
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AMTMLDOS
| Q1 26 | $3.2B | $4.2B | ||
| Q4 25 | $3.9B | $4.4B | ||
| Q3 25 | — | $4.2B | ||
| Q2 25 | $3.6B | $4.2B | ||
| Q1 25 | $3.5B | $4.3B | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $2.2B | $4.2B | ||
| Q2 24 | $2.1B | $4.1B |
净利润AMTMLDOS
| Q1 26 | $44.0M | $327.0M | ||
| Q4 25 | $40.0M | $367.0M | ||
| Q3 25 | — | $391.0M | ||
| Q2 25 | $10.0M | $363.0M | ||
| Q1 25 | $4.0M | $284.0M | ||
| Q4 24 | $12.0M | — | ||
| Q3 24 | $26.0M | $364.0M | ||
| Q2 24 | $-26.0M | $322.0M |
毛利率AMTMLDOS
| Q1 26 | 10.1% | 17.4% | ||
| Q4 25 | 10.6% | 18.0% | ||
| Q3 25 | — | 18.0% | ||
| Q2 25 | 10.3% | 17.5% | ||
| Q1 25 | 10.5% | 15.6% | ||
| Q4 24 | 10.6% | — | ||
| Q3 24 | 9.0% | 17.8% | ||
| Q2 24 | 9.6% | 16.6% |
营业利润率AMTMLDOS
| Q1 26 | 4.3% | 11.3% | ||
| Q4 25 | 3.4% | 12.0% | ||
| Q3 25 | — | 13.5% | ||
| Q2 25 | 2.9% | 12.5% | ||
| Q1 25 | 3.2% | 9.7% | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 1.2% | 12.4% | ||
| Q2 24 | 4.2% | 11.6% |
净利率AMTMLDOS
| Q1 26 | 1.4% | 7.8% | ||
| Q4 25 | 1.0% | 8.2% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | 0.3% | 8.6% | ||
| Q1 25 | 0.1% | 6.5% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 1.2% | 8.7% | ||
| Q2 24 | -1.2% | 7.8% |
每股收益（稀释后）AMTMLDOS
| Q1 26 | $0.18 | $2.54 | ||
| Q4 25 | $0.16 | $2.82 | ||
| Q3 25 | — | $3.01 | ||
| Q2 25 | $0.04 | $2.77 | ||
| Q1 25 | $0.02 | $2.10 | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $0.31 | $2.68 | ||
| Q2 24 | $-0.29 | $2.37 |
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 | $1.1B |
| 总债务越低越好 | $3.9B | $4.6B |
| 股东权益账面价值 | $4.6B | $4.9B |
| 总资产 | $11.2B | $13.5B |
| 负债/权益比越低杠杆越低 | 0.86× | 0.94× |
8季度趋势，按日历期对齐
现金及短期投资AMTMLDOS
| Q1 26 | $247.0M | $1.1B | ||
| Q4 25 | $437.0M | $974.0M | ||
| Q3 25 | — | $930.0M | ||
| Q2 25 | $738.0M | $842.0M | ||
| Q1 25 | $546.0M | $943.0M | ||
| Q4 24 | $522.0M | — | ||
| Q3 24 | $452.0M | $1.2B | ||
| Q2 24 | — | $823.0M |
总债务AMTMLDOS
| Q1 26 | $3.9B | $4.6B | ||
| Q4 25 | $3.9B | $4.6B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | $4.5B | $5.0B | ||
| Q1 25 | $4.7B | $4.1B | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.7B | $4.1B | ||
| Q2 24 | — | $4.1B |
股东权益AMTMLDOS
| Q1 26 | $4.6B | $4.9B | ||
| Q4 25 | $4.5B | $4.9B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | $4.5B | $4.3B | ||
| Q1 25 | $4.4B | $4.4B | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | $4.6B | ||
| Q2 24 | $303.0M | $4.5B |
总资产AMTMLDOS
| Q1 26 | $11.2B | $13.5B | ||
| Q4 25 | $11.5B | $13.5B | ||
| Q3 25 | — | $13.5B | ||
| Q2 25 | $11.8B | $13.2B | ||
| Q1 25 | $12.0B | $13.1B | ||
| Q4 24 | $11.9B | — | ||
| Q3 24 | $12.0B | $13.3B | ||
| Q2 24 | — | $12.9B |
负债/权益比AMTMLDOS
| Q1 26 | 0.86× | 0.94× | ||
| Q4 25 | 0.88× | 0.94× | ||
| Q3 25 | — | 1.07× | ||
| Q2 25 | 1.01× | 1.18× | ||
| Q1 25 | 1.06× | 0.92× | ||
| Q4 24 | 1.05× | — | ||
| Q3 24 | 1.05× | 0.88× | ||
| Q2 24 | — | 0.92× |
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 | $495.0M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $452.0M |
| 自由现金流率自由现金流/营收 | -4.4% | 10.8% |
| 资本支出强度资本支出/营收 | 0.2% | 1.0% |
| 现金转化率经营现金流/净利润 | -3.09× | 1.51× |
| 过去12个月自由现金流最近4个季度 | $272.0M | — |
8季度趋势，按日历期对齐
经营现金流AMTMLDOS
| Q1 26 | $-136.0M | $495.0M | ||
| Q4 25 | $270.0M | — | ||
| Q3 25 | — | $711.0M | ||
| Q2 25 | $106.0M | $58.0M | ||
| Q1 25 | $57.0M | $299.0M | ||
| Q4 24 | $110.0M | — | ||
| Q3 24 | — | $656.0M | ||
| Q2 24 | — | $374.0M |
自由现金流AMTMLDOS
| Q1 26 | $-142.0M | $452.0M | ||
| Q4 25 | $261.0M | — | ||
| Q3 25 | — | $680.0M | ||
| Q2 25 | $100.0M | $36.0M | ||
| Q1 25 | $53.0M | $213.0M | ||
| Q4 24 | $102.0M | — | ||
| Q3 24 | — | $633.0M | ||
| Q2 24 | — | $351.0M |
自由现金流率AMTMLDOS
| Q1 26 | -4.4% | 10.8% | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | — | 16.1% | ||
| Q2 25 | 2.8% | 0.9% | ||
| Q1 25 | 1.5% | 4.9% | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | — | 15.2% | ||
| Q2 24 | — | 8.5% |
资本支出强度AMTMLDOS
| Q1 26 | 0.2% | 1.0% | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 0.2% | 0.5% | ||
| Q1 25 | 0.1% | 2.0% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.6% |
现金转化率AMTMLDOS
| Q1 26 | -3.09× | 1.51× | ||
| Q4 25 | 6.75× | — | ||
| Q3 25 | — | 1.82× | ||
| Q2 25 | 10.60× | 0.16× | ||
| Q1 25 | 14.25× | 1.05× | ||
| Q4 24 | 9.17× | — | ||
| Q3 24 | — | 1.80× | ||
| Q2 24 | — | 1.16× |
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% |
LDOS
| US Do D And US Intelligence Community | $1.4B | 32% |
| Cost Reimbursement And Fixed Price Incentive Fee | $1.0B | 24% |
| Commercial And International Segment | $609.0M | 15% |
| Defense Systems Segment | $546.0M | 13% |
| Other | $358.0M | 9% |
| Time And Materials And Fixed Price Level Of Effort | $295.0M | 7% |
| Commercial And Non US Customers | $38.0M | 1% |
