vs
Artisan Partners Asset Management Inc.（APAM）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
Artisan Partners Asset Management Inc.的季度营收约是REPLIGEN CORP的1.7倍（$335.5M vs $197.9M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 6.7%，领先28.5%），REPLIGEN CORP同比增速更快（13.6% vs 12.9%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $17.6M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs 12.7%）
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。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
APAM vs RGEN — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $197.9M |
| 净利润 | $118.1M | $13.3M |
| 毛利率 | — | 52.5% |
| 营业利润率 | 39.2% | 9.0% |
| 净利率 | 35.2% | 6.7% |
| 营收同比 | 12.9% | 13.6% |
| 净利润同比 | 34.9% | 143.9% |
| 每股收益（稀释后） | $1.36 | $0.24 |
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
| Q4 25 | $335.5M | $197.9M | ||
| Q3 25 | $301.3M | $188.8M | ||
| Q2 25 | $282.7M | $182.4M | ||
| Q1 25 | $277.1M | $169.2M | ||
| Q4 24 | $297.1M | $174.1M | ||
| Q3 24 | $279.6M | $154.9M | ||
| Q2 24 | $270.8M | $154.1M | ||
| Q1 24 | $264.4M | $151.3M |
| Q4 25 | $118.1M | $13.3M | ||
| Q3 25 | $66.8M | $14.9M | ||
| Q2 25 | $67.6M | $14.9M | ||
| Q1 25 | $61.1M | $5.8M | ||
| Q4 24 | $87.5M | $-30.3M | ||
| Q3 24 | $73.0M | $-654.0K | ||
| Q2 24 | $57.6M | $3.3M | ||
| Q1 24 | $59.5M | $2.1M |
| Q4 25 | — | 52.5% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 50.0% | ||
| Q1 25 | — | 53.6% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | — | 50.0% | ||
| Q2 24 | — | 49.8% | ||
| Q1 24 | — | 49.5% |
| Q4 25 | 39.2% | 9.0% | ||
| Q3 25 | 33.8% | 8.9% | ||
| Q2 25 | 28.2% | 7.6% | ||
| Q1 25 | 31.2% | 3.9% | ||
| Q4 24 | 36.7% | -17.7% | ||
| Q3 24 | 33.3% | -5.1% | ||
| Q2 24 | 32.0% | 1.0% | ||
| Q1 24 | 29.4% | 1.3% |
| Q4 25 | 35.2% | 6.7% | ||
| Q3 25 | 22.2% | 7.9% | ||
| Q2 25 | 23.9% | 8.2% | ||
| Q1 25 | 22.1% | 3.4% | ||
| Q4 24 | 29.5% | -17.4% | ||
| Q3 24 | 26.1% | -0.4% | ||
| Q2 24 | 21.3% | 2.2% | ||
| Q1 24 | 22.5% | 1.4% |
| Q4 25 | $1.36 | $0.24 | ||
| Q3 25 | $0.93 | $0.26 | ||
| Q2 25 | $0.94 | $0.26 | ||
| Q1 25 | $0.82 | $0.10 | ||
| Q4 24 | $0.99 | $-0.55 | ||
| Q3 24 | $1.03 | $-0.01 | ||
| Q2 24 | $0.80 | $0.06 | ||
| Q1 24 | $0.84 | $0.04 |
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 | — | $767.6M |
| 总债务越低越好 | $190.0M | $542.2M |
| 股东权益账面价值 | $438.8M | $2.1B |
| 总资产 | $1.6B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.26× |
8季度趋势，按日历期对齐
| Q4 25 | — | $767.6M | ||
| Q3 25 | — | $748.7M | ||
| Q2 25 | — | $708.9M | ||
| Q1 25 | — | $697.2M | ||
| Q4 24 | — | $757.4M | ||
| Q3 24 | — | $784.0M | ||
| Q2 24 | — | $809.1M | ||
| Q1 24 | — | $780.6M |
| Q4 25 | $190.0M | $542.2M | ||
| Q3 25 | $190.0M | $537.9M | ||
| Q2 25 | $200.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.0M | $525.6M | ||
| Q3 24 | $200.0M | — | ||
| Q2 24 | $200.0M | — | ||
| Q1 24 | $200.0M | — |
| Q4 25 | $438.8M | $2.1B | ||
| Q3 25 | $402.1M | $2.1B | ||
| Q2 25 | $381.8M | $2.1B | ||
| Q1 25 | $356.5M | $2.0B | ||
| Q4 24 | $388.9M | $2.0B | ||
| Q3 24 | $372.1M | $2.0B | ||
| Q2 24 | $341.2M | $2.0B | ||
| Q1 24 | $320.3M | $2.0B |
| Q4 25 | $1.6B | $2.9B | ||
| Q3 25 | $1.6B | $2.9B | ||
| Q2 25 | $1.4B | $2.9B | ||
| Q1 25 | $1.4B | $2.9B | ||
| Q4 24 | $1.6B | $2.8B | ||
| Q3 24 | $1.6B | $2.8B | ||
| Q2 24 | $1.5B | $2.9B | ||
| Q1 24 | $1.5B | $2.8B |
| Q4 25 | 0.43× | 0.26× | ||
| Q3 25 | 0.47× | 0.26× | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.51× | 0.27× | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.62× | — |
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 | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $17.6M |
| 自由现金流率自由现金流/营收 | 51.2% | 8.9% |
| 资本支出强度资本支出/营收 | 0.1% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.46× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $420.6M | $93.9M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $25.7M | ||
| Q3 25 | $40.4M | $48.1M | ||
| Q2 25 | $50.9M | $28.6M | ||
| Q1 25 | $157.9M | $15.0M | ||
| Q4 24 | $372.8M | $39.2M | ||
| Q3 24 | $112.8M | $49.3M | ||
| Q2 24 | $75.9M | $42.2M | ||
| Q1 24 | $147.0M | $44.7M |
| Q4 25 | $171.6M | $17.6M | ||
| Q3 25 | $40.4M | $43.4M | ||
| Q2 25 | $50.9M | $21.5M | ||
| Q1 25 | $157.7M | $11.4M | ||
| Q4 24 | $371.3M | $33.6M | ||
| Q3 24 | $112.4M | $42.3M | ||
| Q2 24 | $75.2M | $37.4M | ||
| Q1 24 | $146.9M | $36.4M |
| Q4 25 | 51.2% | 8.9% | ||
| Q3 25 | 13.4% | 23.0% | ||
| Q2 25 | 18.0% | 11.8% | ||
| Q1 25 | 56.9% | 6.8% | ||
| Q4 24 | 125.0% | 19.3% | ||
| Q3 24 | 40.2% | 27.3% | ||
| Q2 24 | 27.8% | 24.3% | ||
| Q1 24 | 55.6% | 24.0% |
| Q4 25 | 0.1% | 4.1% | ||
| Q3 25 | 0.0% | 2.5% | ||
| Q2 25 | 0.0% | 3.9% | ||
| Q1 25 | 0.1% | 2.1% | ||
| Q4 24 | 0.5% | 3.2% | ||
| Q3 24 | 0.1% | 4.5% | ||
| Q2 24 | 0.2% | 3.1% | ||
| Q1 24 | 0.0% | 5.5% |
| Q4 25 | 1.46× | 1.93× | ||
| Q3 25 | 0.60× | 3.23× | ||
| Q2 25 | 0.75× | 1.92× | ||
| Q1 25 | 2.58× | 2.57× | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | 12.70× | ||
| Q1 24 | 2.47× | 21.35× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
