vs
Amentum Holdings, Inc.（AMTM）与SHOPIFY INC.（SHOP）财务数据对比。点击上方公司名可切换其他公司
SHOPIFY INC.的季度营收约是Amentum Holdings, Inc.的1.1倍（$3.7B vs $3.2B），SHOPIFY INC.净利率更高（20.2% vs 1.4%，领先18.9%），SHOPIFY INC.同比增速更快（30.6% vs -5.2%），SHOPIFY INC.自由现金流更多（$715.0M vs $-142.0M），过去两年SHOPIFY INC.的营收复合增速更高（40.5% vs 25.6%）
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。
Shopify是总部位于加拿大安大略省渥太华的跨国电商企业，运营零售POS系统及相关服务平台，全球客户超500万，2024年总交易处理额达2923亿美元，其中57%来自美国市场，服务客户包括特斯拉、路威酩轩、雀巢、百事、百威英博、红牛、凯悦等知名品牌。
AMTM vs SHOP — 直观对比
营收规模更大
SHOP
是对方的1.1倍
$3.2B
营收增速更快
SHOP
高出35.8%
-5.2%
净利率更高
SHOP
高出18.9%
1.4%
自由现金流更多
SHOP
多$857.0M
$-142.0M
两年增速更快
SHOP
近两年复合增速
25.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $3.7B |
| 净利润 | $44.0M | $743.0M |
| 毛利率 | 10.1% | 46.1% |
| 营业利润率 | 4.3% | 17.2% |
| 净利率 | 1.4% | 20.2% |
| 营收同比 | -5.2% | 30.6% |
| 净利润同比 | 266.7% | -42.5% |
| 每股收益（稀释后） | $0.18 | $0.58 |
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AMTMSHOP
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.9B | $3.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | $3.6B | $2.7B | ||
| Q1 25 | $3.5B | $2.4B | ||
| Q4 24 | $3.4B | $2.8B | ||
| Q3 24 | $2.2B | $2.2B | ||
| Q2 24 | $2.1B | $2.0B |
净利润AMTMSHOP
| Q1 26 | $44.0M | — | ||
| Q4 25 | $40.0M | $743.0M | ||
| Q3 25 | — | $264.0M | ||
| Q2 25 | $10.0M | $906.0M | ||
| Q1 25 | $4.0M | $-682.0M | ||
| Q4 24 | $12.0M | $1.3B | ||
| Q3 24 | $26.0M | $828.0M | ||
| Q2 24 | $-26.0M | $171.0M |
毛利率AMTMSHOP
| Q1 26 | 10.1% | — | ||
| Q4 25 | 10.6% | 46.1% | ||
| Q3 25 | — | 48.9% | ||
| Q2 25 | 10.3% | 48.6% | ||
| Q1 25 | 10.5% | 49.5% | ||
| Q4 24 | 10.6% | 48.1% | ||
| Q3 24 | 9.0% | 51.7% | ||
| Q2 24 | 9.6% | 51.1% |
营业利润率AMTMSHOP
| Q1 26 | 4.3% | — | ||
| Q4 25 | 3.4% | 17.2% | ||
| Q3 25 | — | 12.1% | ||
| Q2 25 | 2.9% | 10.9% | ||
| Q1 25 | 3.2% | 8.6% | ||
| Q4 24 | 3.9% | 16.5% | ||
| Q3 24 | 1.2% | 13.1% | ||
| Q2 24 | 4.2% | 11.8% |
净利率AMTMSHOP
| Q1 26 | 1.4% | — | ||
| Q4 25 | 1.0% | 20.2% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | 0.3% | 33.8% | ||
| Q1 25 | 0.1% | -28.9% | ||
| Q4 24 | 0.4% | 46.0% | ||
| Q3 24 | 1.2% | 38.3% | ||
| Q2 24 | -1.2% | 8.4% |
每股收益（稀释后）AMTMSHOP
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.16 | $0.58 | ||
| Q3 25 | — | $0.20 | ||
| Q2 25 | $0.04 | $0.69 | ||
| Q1 25 | $0.02 | $-0.53 | ||
| Q4 24 | $0.05 | $0.99 | ||
| Q3 24 | $0.31 | $0.64 | ||
| Q2 24 | $-0.29 | $0.13 |
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 | $5.8B |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $4.6B | $13.5B |
| 总资产 | $11.2B | $15.2B |
| 负债/权益比越低杠杆越低 | 0.86× | — |
8季度趋势，按日历期对齐
现金及短期投资AMTMSHOP
| Q1 26 | $247.0M | — | ||
| Q4 25 | $437.0M | $5.8B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | $738.0M | $5.8B | ||
| Q1 25 | $546.0M | $5.5B | ||
| Q4 24 | $522.0M | $5.5B | ||
| Q3 24 | $452.0M | — | ||
| Q2 24 | — | — |
总债务AMTMSHOP
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.7B | — | ||
| Q2 24 | — | — |
股东权益AMTMSHOP
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $13.5B | ||
| Q3 25 | — | $12.5B | ||
| Q2 25 | $4.5B | $12.1B | ||
| Q1 25 | $4.4B | $11.1B | ||
| Q4 24 | $4.5B | $11.6B | ||
| Q3 24 | $4.5B | $10.1B | ||
| Q2 24 | $303.0M | $9.2B |
总资产AMTMSHOP
| Q1 26 | $11.2B | — | ||
| Q4 25 | $11.5B | $15.2B | ||
| Q3 25 | — | $15.0B | ||
| Q2 25 | $11.8B | $14.6B | ||
| Q1 25 | $12.0B | $13.4B | ||
| Q4 24 | $11.9B | $13.9B | ||
| Q3 24 | $12.0B | — | ||
| Q2 24 | — | — |
负债/权益比AMTMSHOP
| Q1 26 | 0.86× | — | ||
| Q4 25 | 0.88× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.01× | — | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 1.05× | — | ||
| Q3 24 | 1.05× | — | ||
| Q2 24 | — | — |
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 | $725.0M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $715.0M |
| 自由现金流率自由现金流/营收 | -4.4% | 19.5% |
| 资本支出强度资本支出/营收 | 0.2% | 0.3% |
| 现金转化率经营现金流/净利润 | -3.09× | 0.98× |
| 过去12个月自由现金流最近4个季度 | $272.0M | $2.0B |
8季度趋势，按日历期对齐
经营现金流AMTMSHOP
| Q1 26 | $-136.0M | — | ||
| Q4 25 | $270.0M | $725.0M | ||
| Q3 25 | — | $513.0M | ||
| Q2 25 | $106.0M | $428.0M | ||
| Q1 25 | $57.0M | $367.0M | ||
| Q4 24 | $110.0M | $615.0M | ||
| Q3 24 | — | $423.0M | ||
| Q2 24 | — | $340.0M |
自由现金流AMTMSHOP
| Q1 26 | $-142.0M | — | ||
| Q4 25 | $261.0M | $715.0M | ||
| Q3 25 | — | $507.0M | ||
| Q2 25 | $100.0M | $422.0M | ||
| Q1 25 | $53.0M | $363.0M | ||
| Q4 24 | $102.0M | $611.0M | ||
| Q3 24 | — | $421.0M | ||
| Q2 24 | — | $333.0M |
自由现金流率AMTMSHOP
| Q1 26 | -4.4% | — | ||
| Q4 25 | 6.6% | 19.5% | ||
| Q3 25 | — | 17.8% | ||
| Q2 25 | 2.8% | 15.7% | ||
| Q1 25 | 1.5% | 15.4% | ||
| Q4 24 | 3.0% | 21.7% | ||
| Q3 24 | — | 19.5% | ||
| Q2 24 | — | 16.3% |
资本支出强度AMTMSHOP
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 0.3% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | 0.2% | 0.2% | ||
| Q1 25 | 0.1% | 0.2% | ||
| Q4 24 | 0.2% | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.3% |
现金转化率AMTMSHOP
| Q1 26 | -3.09× | — | ||
| Q4 25 | 6.75× | 0.98× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | 10.60× | 0.47× | ||
| Q1 25 | 14.25× | — | ||
| Q4 24 | 9.17× | 0.48× | ||
| Q3 24 | — | 0.51× | ||
| Q2 24 | — | 1.99× |
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% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
