vs
Artisan Partners Asset Management Inc.（APAM）与IAC Inc.（IAC）财务数据对比。点击上方公司名可切换其他公司
IAC Inc.的季度营收约是Artisan Partners Asset Management Inc.的1.3倍（$422.9M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -17.0%，领先52.2%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs -12.2%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $2.0M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs -18.4%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
IAC Inc.是一家美国控股企业，业务覆盖媒体与互联网领域，在全球拥有多个知名品牌。公司前身是1996年成立的HSN Inc.，当时作为家庭购物频道Home Shopping Network和USA电视台的控股主体运营，1999年更名为USA Networks Inc.，2002年将旗下电视业务资产出售给威望迪集团。
APAM vs IAC — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $422.9M |
| 净利润 | $118.1M | $-71.9M |
| 毛利率 | — | 99.9% |
| 营业利润率 | 39.2% | — |
| 净利率 | 35.2% | -17.0% |
| 营收同比 | 12.9% | -12.2% |
| 净利润同比 | 34.9% | 67.1% |
| 每股收益（稀释后） | $1.36 | $-0.94 |
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
| Q1 26 | — | $422.9M | ||
| Q4 25 | $335.5M | $646.0M | ||
| Q3 25 | $301.3M | $589.8M | ||
| Q2 25 | $282.7M | $586.9M | ||
| Q1 25 | $277.1M | $570.5M | ||
| Q4 24 | $297.1M | $721.4M | ||
| Q3 24 | $279.6M | $642.0M | ||
| Q2 24 | $270.8M | $634.4M |
| Q1 26 | — | $-71.9M | ||
| Q4 25 | $118.1M | $-76.8M | ||
| Q3 25 | $66.8M | $-21.9M | ||
| Q2 25 | $67.6M | $211.5M | ||
| Q1 25 | $61.1M | $-216.8M | ||
| Q4 24 | $87.5M | $-199.0M | ||
| Q3 24 | $73.0M | $-243.7M | ||
| Q2 24 | $57.6M | $-142.2M |
| Q1 26 | — | 99.9% | ||
| Q4 25 | — | 69.8% | ||
| Q3 25 | — | 64.8% | ||
| Q2 25 | — | 65.6% | ||
| Q1 25 | — | 64.0% | ||
| Q4 24 | — | 65.8% | ||
| Q3 24 | — | 62.1% | ||
| Q2 24 | — | 60.1% |
| Q1 26 | — | — | ||
| Q4 25 | 39.2% | -17.5% | ||
| Q3 25 | 33.8% | -3.5% | ||
| Q2 25 | 28.2% | 0.1% | ||
| Q1 25 | 31.2% | 6.3% | ||
| Q4 24 | 36.7% | 6.7% | ||
| Q3 24 | 33.3% | 1.3% | ||
| Q2 24 | 32.0% | -3.4% |
| Q1 26 | — | -17.0% | ||
| Q4 25 | 35.2% | -11.9% | ||
| Q3 25 | 22.2% | -3.7% | ||
| Q2 25 | 23.9% | 36.0% | ||
| Q1 25 | 22.1% | -38.0% | ||
| Q4 24 | 29.5% | -27.6% | ||
| Q3 24 | 26.1% | -38.0% | ||
| Q2 24 | 21.3% | -22.4% |
| Q1 26 | — | $-0.94 | ||
| Q4 25 | $1.36 | $-0.96 | ||
| Q3 25 | $0.93 | $-0.27 | ||
| Q2 25 | $0.94 | $2.57 | ||
| Q1 25 | $0.82 | $-2.64 | ||
| Q4 24 | $0.99 | $-2.36 | ||
| Q3 24 | $1.03 | $-2.93 | ||
| Q2 24 | $0.80 | $-1.71 |
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 | — | $1.1B |
| 总债务越低越好 | $190.0M | $24.5M |
| 股东权益账面价值 | $438.8M | $4.6B |
| 总资产 | $1.6B | $6.8B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.01× |
8季度趋势，按日历期对齐
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $960.2M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
| Q1 26 | — | $24.5M | ||
| Q4 25 | $190.0M | $1.4B | ||
| Q3 25 | $190.0M | $1.4B | ||
| Q2 25 | $200.0M | $1.4B | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.0M | — | ||
| Q3 24 | $200.0M | — | ||
| Q2 24 | $200.0M | — |
| Q1 26 | — | $4.6B | ||
| Q4 25 | $438.8M | $4.7B | ||
| Q3 25 | $402.1M | $4.8B | ||
| Q2 25 | $381.8M | $4.9B | ||
| Q1 25 | $356.5M | $4.7B | ||
| Q4 24 | $388.9M | $5.6B | ||
| Q3 24 | $372.1M | $5.8B | ||
| Q2 24 | $341.2M | $6.0B |
| Q1 26 | — | $6.8B | ||
| Q4 25 | $1.6B | $7.1B | ||
| Q3 25 | $1.6B | $7.2B | ||
| Q2 25 | $1.4B | $7.4B | ||
| Q1 25 | $1.4B | $7.2B | ||
| Q4 24 | $1.6B | $9.7B | ||
| Q3 24 | $1.6B | $9.8B | ||
| Q2 24 | $1.5B | $10.2B |
| Q1 26 | — | 0.01× | ||
| Q4 25 | 0.43× | 0.30× | ||
| Q3 25 | 0.47× | 0.30× | ||
| Q2 25 | 0.52× | 0.30× | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.59× | — |
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 | $172.0M | $5.4M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $2.0M |
| 自由现金流率自由现金流/营收 | 51.2% | 0.5% |
| 资本支出强度资本支出/营收 | 0.1% | 1.9% |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $420.6M | $51.4M |
8季度趋势，按日历期对齐
| Q1 26 | — | $5.4M | ||
| Q4 25 | $172.0M | $36.6M | ||
| Q3 25 | $40.4M | $30.1M | ||
| Q2 25 | $50.9M | $-2.8M | ||
| Q1 25 | $157.9M | $63.0K | ||
| Q4 24 | $372.8M | $110.1M | ||
| Q3 24 | $112.8M | $95.3M | ||
| Q2 24 | $75.9M | $85.0M |
| Q1 26 | — | $2.0M | ||
| Q4 25 | $171.6M | $31.4M | ||
| Q3 25 | $40.4M | $25.3M | ||
| Q2 25 | $50.9M | $-7.2M | ||
| Q1 25 | $157.7M | $-4.6M | ||
| Q4 24 | $371.3M | $104.8M | ||
| Q3 24 | $112.4M | $92.0M | ||
| Q2 24 | $75.2M | $81.6M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 51.2% | 4.9% | ||
| Q3 25 | 13.4% | 4.3% | ||
| Q2 25 | 18.0% | -1.2% | ||
| Q1 25 | 56.9% | -0.8% | ||
| Q4 24 | 125.0% | 14.5% | ||
| Q3 24 | 40.2% | 14.3% | ||
| Q2 24 | 27.8% | 12.9% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | 0.1% | 0.8% | ||
| Q3 25 | 0.0% | 0.8% | ||
| Q2 25 | 0.0% | 0.8% | ||
| Q1 25 | 0.1% | 0.8% | ||
| Q4 24 | 0.5% | 0.7% | ||
| Q3 24 | 0.1% | 0.5% | ||
| Q2 24 | 0.2% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.75× | -0.01× | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | — |
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
APAM
暂无分部数据
IAC
| People Inc. (a) | $385.7M | 91% |
| Emerging & Other | $20.1M | 5% |
| Search | $17.1M | 4% |
