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Amentum Holdings, Inc.（AMTM）与WESCO INTERNATIONAL INC（WCC）财务数据对比。点击上方公司名可切换其他公司
WESCO INTERNATIONAL INC的季度营收约是Amentum Holdings, Inc.的1.9倍（$6.1B vs $3.2B），WESCO INTERNATIONAL INC净利率更高（2.6% vs 1.4%，领先1.3%），WESCO INTERNATIONAL INC同比增速更快（10.3% vs -5.2%），WESCO INTERNATIONAL INC自由现金流更多（$27.5M vs $-142.0M），过去两年Amentum Holdings, Inc.的营收复合增速更高（25.6% vs 6.5%）
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。
WESCO国际是一家美国上市控股公司，旗下子公司WESCO Distribution主营电气产品分销及相关服务，总部位于宾夕法尼亚州匹兹堡市，可为工业、基建、商业等多领域客户提供一站式电气供应链解决方案与技术支持服务。
AMTM vs WCC — 直观对比
营收规模更大
WCC
是对方的1.9倍
$3.2B
营收增速更快
WCC
高出15.6%
-5.2%
净利率更高
WCC
高出1.3%
1.4%
自由现金流更多
WCC
多$169.5M
$-142.0M
两年增速更快
AMTM
近两年复合增速
6.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $6.1B |
| 净利润 | $44.0M | $159.8M |
| 毛利率 | 10.1% | 21.2% |
| 营业利润率 | 4.3% | 5.3% |
| 净利率 | 1.4% | 2.6% |
| 营收同比 | -5.2% | 10.3% |
| 净利润同比 | 266.7% | -3.4% |
| 每股收益（稀释后） | $0.18 | $3.33 |
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AMTMWCC
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.9B | $6.1B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | $3.6B | $5.9B | ||
| Q1 25 | $3.5B | $5.3B | ||
| Q4 24 | $3.4B | $5.5B | ||
| Q3 24 | $2.2B | $5.5B | ||
| Q2 24 | $2.1B | $5.5B |
净利润AMTMWCC
| Q1 26 | $44.0M | — | ||
| Q4 25 | $40.0M | $159.8M | ||
| Q3 25 | — | $187.5M | ||
| Q2 25 | $10.0M | $174.5M | ||
| Q1 25 | $4.0M | $118.4M | ||
| Q4 24 | $12.0M | $165.4M | ||
| Q3 24 | $26.0M | $204.3M | ||
| Q2 24 | $-26.0M | $232.1M |
毛利率AMTMWCC
| Q1 26 | 10.1% | — | ||
| Q4 25 | 10.6% | 21.2% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | 10.3% | 21.1% | ||
| Q1 25 | 10.5% | 21.1% | ||
| Q4 24 | 10.6% | 21.2% | ||
| Q3 24 | 9.0% | 22.1% | ||
| Q2 24 | 9.6% | 21.9% |
营业利润率AMTMWCC
| Q1 26 | 4.3% | — | ||
| Q4 25 | 3.4% | 5.3% | ||
| Q3 25 | — | 5.6% | ||
| Q2 25 | 2.9% | 5.5% | ||
| Q1 25 | 3.2% | 4.5% | ||
| Q4 24 | 3.9% | 5.5% | ||
| Q3 24 | 1.2% | 6.1% | ||
| Q2 24 | 4.2% | 5.9% |
净利率AMTMWCC
| Q1 26 | 1.4% | — | ||
| Q4 25 | 1.0% | 2.6% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | 0.3% | 3.0% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | 0.4% | 3.0% | ||
| Q3 24 | 1.2% | 3.7% | ||
| Q2 24 | -1.2% | 4.2% |
每股收益（稀释后）AMTMWCC
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.16 | $3.33 | ||
| Q3 25 | — | $3.79 | ||
| Q2 25 | $0.04 | $3.83 | ||
| Q1 25 | $0.02 | $2.10 | ||
| Q4 24 | $0.05 | $3.01 | ||
| Q3 24 | $0.31 | $3.81 | ||
| Q2 24 | $-0.29 | $4.28 |
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 | — |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $4.6B | $5.0B |
| 总资产 | $11.2B | $16.5B |
| 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AMTMWCC
| Q1 26 | $247.0M | — | ||
| Q4 25 | $437.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $738.0M | — | ||
| Q1 25 | $546.0M | — | ||
| Q4 24 | $522.0M | — | ||
| Q3 24 | $452.0M | — | ||
| Q2 24 | — | — |
总债务AMTMWCC
| 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AMTMWCC
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $5.0B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $4.5B | $4.8B | ||
| Q1 25 | $4.4B | $5.0B | ||
| Q4 24 | $4.5B | $5.0B | ||
| Q3 24 | $4.5B | $5.0B | ||
| Q2 24 | $303.0M | $4.9B |
总资产AMTMWCC
| Q1 26 | $11.2B | — | ||
| Q4 25 | $11.5B | $16.5B | ||
| Q3 25 | — | $16.6B | ||
| Q2 25 | $11.8B | $16.2B | ||
| Q1 25 | $12.0B | $15.5B | ||
| Q4 24 | $11.9B | $15.1B | ||
| Q3 24 | $12.0B | $15.3B | ||
| Q2 24 | — | $15.1B |
负债/权益比AMTMWCC
| 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 | $71.9M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $27.5M |
| 自由现金流率自由现金流/营收 | -4.4% | 0.5% |
| 资本支出强度资本支出/营收 | 0.2% | 0.7% |
| 现金转化率经营现金流/净利润 | -3.09× | 0.45× |
| 过去12个月自由现金流最近4个季度 | $272.0M | $25.2M |
8季度趋势，按日历期对齐
经营现金流AMTMWCC
| Q1 26 | $-136.0M | — | ||
| Q4 25 | $270.0M | $71.9M | ||
| Q3 25 | — | $-82.7M | ||
| Q2 25 | $106.0M | $107.8M | ||
| Q1 25 | $57.0M | $28.0M | ||
| Q4 24 | $110.0M | $276.6M | ||
| Q3 24 | — | $302.1M | ||
| Q2 24 | — | $-223.8M |
自由现金流AMTMWCC
| Q1 26 | $-142.0M | — | ||
| Q4 25 | $261.0M | $27.5M | ||
| Q3 25 | — | $-95.9M | ||
| Q2 25 | $100.0M | $86.0M | ||
| Q1 25 | $53.0M | $7.6M | ||
| Q4 24 | $102.0M | $252.3M | ||
| Q3 24 | — | $272.9M | ||
| Q2 24 | — | $-244.6M |
自由现金流率AMTMWCC
| Q1 26 | -4.4% | — | ||
| Q4 25 | 6.6% | 0.5% | ||
| Q3 25 | — | -1.5% | ||
| Q2 25 | 2.8% | 1.5% | ||
| Q1 25 | 1.5% | 0.1% | ||
| Q4 24 | 3.0% | 4.6% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | -4.5% |
资本支出强度AMTMWCC
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 0.7% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | 0.2% | 0.4% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.2% | 0.4% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% |
现金转化率AMTMWCC
| Q1 26 | -3.09× | — | ||
| Q4 25 | 6.75× | 0.45× | ||
| Q3 25 | — | -0.44× | ||
| Q2 25 | 10.60× | 0.62× | ||
| Q1 25 | 14.25× | 0.24× | ||
| Q4 24 | 9.17× | 1.67× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | -0.96× |
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% |
WCC
| CSS | $2.4B | 40% |
| EES | $2.3B | 37% |
| UBS | $1.4B | 23% |
