vs
American Well Corp（AMWL）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是American Well Corp的1.8倍（$100.0M vs $55.3M），null净利率更高（-7.0% vs -45.1%，领先38.0%），null同比增速更快（14.5% vs -22.1%），null自由现金流更多（$14.1M vs $-17.4M），过去两年American Well Corp的营收复合增速更高（-3.6% vs -4.9%）
美国烟草公司由J.B.杜克于1890年整合多家美国烟草制造商合并创立，1896年成为道琼斯工业平均指数最初的12支成分股之一。该公司收购了好彩公司及超过200家竞争对手，一度垄断美国烟草行业。1907年美国联邦政府发起反垄断诉讼，最终将该公司分拆为多家企业。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
AMWL vs SWIM — 直观对比
营收规模更大
SWIM
是对方的1.8倍
$55.3M
营收增速更快
SWIM
高出36.6%
-22.1%
净利率更高
SWIM
高出38.0%
-45.1%
自由现金流更多
SWIM
多$31.5M
$-17.4M
两年增速更快
AMWL
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $55.3M | $100.0M |
| 净利润 | $-24.9M | $-7.0M |
| 毛利率 | — | 28.0% |
| 营业利润率 | -45.5% | -10.7% |
| 净利率 | -45.1% | -7.0% |
| 营收同比 | -22.1% | 14.5% |
| 净利润同比 | 41.6% | 76.0% |
| 每股收益（稀释后） | $-1.53 | $-0.06 |
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AMWLSWIM
| Q4 25 | $55.3M | $100.0M | ||
| Q3 25 | $56.3M | $161.9M | ||
| Q2 25 | $70.9M | $172.6M | ||
| Q1 25 | $66.8M | $111.4M | ||
| Q4 24 | $71.0M | $87.3M | ||
| Q3 24 | $61.0M | $150.5M | ||
| Q2 24 | $62.8M | $160.1M | ||
| Q1 24 | $59.5M | $110.6M |
净利润AMWLSWIM
| Q4 25 | $-24.9M | $-7.0M | ||
| Q3 25 | $-32.4M | $8.1M | ||
| Q2 25 | $-19.7M | $16.0M | ||
| Q1 25 | $-18.7M | $-6.0M | ||
| Q4 24 | $-42.7M | $-29.2M | ||
| Q3 24 | $-43.5M | $5.9M | ||
| Q2 24 | $-49.9M | $13.3M | ||
| Q1 24 | $-72.1M | $-7.9M |
毛利率AMWLSWIM
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% | ||
| Q1 24 | — | 27.7% |
营业利润率AMWLSWIM
| Q4 25 | -45.5% | -10.7% | ||
| Q3 25 | -52.1% | 13.3% | ||
| Q2 25 | -28.7% | 14.3% | ||
| Q1 25 | -45.5% | -4.4% | ||
| Q4 24 | -60.2% | -14.9% | ||
| Q3 24 | -77.6% | 8.9% | ||
| Q2 24 | -83.4% | 12.5% | ||
| Q1 24 | -126.1% | -1.9% |
净利率AMWLSWIM
| Q4 25 | -45.1% | -7.0% | ||
| Q3 25 | -57.5% | 5.0% | ||
| Q2 25 | -27.8% | 9.3% | ||
| Q1 25 | -28.0% | -5.4% | ||
| Q4 24 | -60.1% | -33.4% | ||
| Q3 24 | -71.2% | 3.9% | ||
| Q2 24 | -79.5% | 8.3% | ||
| Q1 24 | -121.1% | -7.1% |
每股收益（稀释后）AMWLSWIM
| Q4 25 | $-1.53 | $-0.06 | ||
| Q3 25 | $-2.00 | $0.07 | ||
| Q2 25 | $-1.24 | $0.13 | ||
| Q1 25 | $-1.19 | $-0.05 | ||
| Q4 24 | $-2.71 | $-0.24 | ||
| Q3 24 | $-2.87 | $0.05 | ||
| Q2 24 | $-3.36 | $0.11 | ||
| Q1 24 | $-4.94 | $-0.07 |
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 | $182.3M | — |
| 总债务越低越好 | — | $279.8M |
| 股东权益账面价值 | $235.6M | $405.9M |
| 总资产 | $323.8M | $823.2M |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资AMWLSWIM
| Q4 25 | $182.3M | — | ||
| Q3 25 | $200.9M | — | ||
| Q2 25 | $219.1M | — | ||
| Q1 25 | $222.4M | — | ||
| Q4 24 | $228.3M | — | ||
| Q3 24 | $244.6M | — | ||
| Q2 24 | $276.9M | — | ||
| Q1 24 | $308.6M | — |
总债务AMWLSWIM
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
股东权益AMWLSWIM
| Q4 25 | $235.6M | $405.9M | ||
| Q3 25 | $254.9M | $408.4M | ||
| Q2 25 | $282.6M | $398.4M | ||
| Q1 25 | $294.0M | $381.1M | ||
| Q4 24 | $304.8M | $387.2M | ||
| Q3 24 | $336.7M | $416.6M | ||
| Q2 24 | $363.9M | $408.1M | ||
| Q1 24 | $408.7M | $391.8M |
总资产AMWLSWIM
| Q4 25 | $323.8M | $823.2M | ||
| Q3 25 | $359.4M | $844.4M | ||
| Q2 25 | $388.7M | $822.1M | ||
| Q1 25 | $419.5M | $824.6M | ||
| Q4 24 | $436.0M | $794.2M | ||
| Q3 24 | $483.0M | $853.4M | ||
| Q2 24 | $507.8M | $830.0M | ||
| Q1 24 | $548.4M | $808.6M |
负债/权益比AMWLSWIM
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $-17.4M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-17.4M | $14.1M |
| 自由现金流率自由现金流/营收 | -31.4% | 14.1% |
| 资本支出强度资本支出/营收 | 0.0% | 9.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $38.0M |
8季度趋势，按日历期对齐
经营现金流AMWLSWIM
| Q4 25 | $-17.4M | $23.3M | ||
| Q3 25 | $-18.8M | $51.0M | ||
| Q2 25 | $-4.7M | $36.0M | ||
| Q1 25 | $-25.1M | $-46.9M | ||
| Q4 24 | $-13.4M | $6.2M | ||
| Q3 24 | $-32.4M | $37.2M | ||
| Q2 24 | $-21.8M | $52.4M | ||
| Q1 24 | $-59.8M | $-34.5M |
自由现金流AMWLSWIM
| Q4 25 | $-17.4M | $14.1M | ||
| Q3 25 | — | $45.2M | ||
| Q2 25 | — | $29.1M | ||
| Q1 25 | $-25.1M | $-50.3M | ||
| Q4 24 | $-13.4M | $-98.0K | ||
| Q3 24 | $-32.4M | $33.2M | ||
| Q2 24 | $-21.8M | $47.9M | ||
| Q1 24 | $-59.8M | $-39.9M |
自由现金流率AMWLSWIM
| Q4 25 | -31.4% | 14.1% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | — | 16.8% | ||
| Q1 25 | -37.6% | -45.2% | ||
| Q4 24 | -18.9% | -0.1% | ||
| Q3 24 | -53.0% | 22.1% | ||
| Q2 24 | -34.7% | 29.9% | ||
| Q1 24 | -100.5% | -36.0% |
资本支出强度AMWLSWIM
| Q4 25 | 0.0% | 9.2% | ||
| Q3 25 | 0.0% | 3.6% | ||
| Q2 25 | 0.0% | 4.0% | ||
| Q1 25 | 0.0% | 3.1% | ||
| Q4 24 | 0.0% | 7.2% | ||
| Q3 24 | 0.0% | 2.7% | ||
| Q2 24 | 0.0% | 2.8% | ||
| Q1 24 | 0.1% | 4.8% |
现金转化率AMWLSWIM
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
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
AMWL
| Platform Subscription | $28.8M | 52% |
| Visits | $23.7M | 43% |
| Others | $2.8M | 5% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
