vs
Artisan Partners Asset Management Inc.（APAM）与猫途鹰（TRIP）财务数据对比。点击上方公司名可切换其他公司
猫途鹰的季度营收约是Artisan Partners Asset Management Inc.的1.2倍（$411.0M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -9.2%，领先44.4%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs 0.0%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $-122.0M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 2.0%）
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。
TripAdvisor是美国知名在线旅游服务企业，旗下运营在线旅行社平台、旅游产品比价网站及移动应用，平台拥有大量用户生成的真实旅行内容，为全球消费者提供出行规划、预订等多元服务。
APAM vs TRIP — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $411.0M |
| 净利润 | $118.1M | $-38.0M |
| 毛利率 | — | 91.5% |
| 营业利润率 | 39.2% | -8.3% |
| 净利率 | 35.2% | -9.2% |
| 营收同比 | 12.9% | 0.0% |
| 净利润同比 | 34.9% | -3900.0% |
| 每股收益（稀释后） | $1.36 | $-0.32 |
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 | $411.0M | ||
| Q3 25 | $301.3M | $553.0M | ||
| Q2 25 | $282.7M | $529.0M | ||
| Q1 25 | $277.1M | $398.0M | ||
| Q4 24 | $297.1M | $411.0M | ||
| Q3 24 | $279.6M | $532.0M | ||
| Q2 24 | $270.8M | $497.0M | ||
| Q1 24 | $264.4M | $395.0M |
| Q4 25 | $118.1M | $-38.0M | ||
| Q3 25 | $66.8M | $53.0M | ||
| Q2 25 | $67.6M | $36.0M | ||
| Q1 25 | $61.1M | $-11.0M | ||
| Q4 24 | $87.5M | $1.0M | ||
| Q3 24 | $73.0M | $39.0M | ||
| Q2 24 | $57.6M | $24.0M | ||
| Q1 24 | $59.5M | $-59.0M |
| Q4 25 | — | 91.5% | ||
| Q3 25 | — | 92.6% | ||
| Q2 25 | — | 92.1% | ||
| Q1 25 | — | 93.2% | ||
| Q4 24 | — | 93.4% | ||
| Q3 24 | — | 92.5% | ||
| Q2 24 | — | 92.8% | ||
| Q1 24 | — | 93.7% |
| Q4 25 | 39.2% | -8.3% | ||
| Q3 25 | 33.8% | 12.7% | ||
| Q2 25 | 28.2% | 11.2% | ||
| Q1 25 | 31.2% | -3.8% | ||
| Q4 24 | 36.7% | 0.2% | ||
| Q3 24 | 33.3% | 13.2% | ||
| Q2 24 | 32.0% | 7.2% | ||
| Q1 24 | 29.4% | -3.8% |
| Q4 25 | 35.2% | -9.2% | ||
| Q3 25 | 22.2% | 9.6% | ||
| Q2 25 | 23.9% | 6.8% | ||
| Q1 25 | 22.1% | -2.8% | ||
| Q4 24 | 29.5% | 0.2% | ||
| Q3 24 | 26.1% | 7.3% | ||
| Q2 24 | 21.3% | 4.8% | ||
| Q1 24 | 22.5% | -14.9% |
| Q4 25 | $1.36 | $-0.32 | ||
| Q3 25 | $0.93 | $0.43 | ||
| Q2 25 | $0.94 | $0.28 | ||
| Q1 25 | $0.82 | $-0.08 | ||
| Q4 24 | $0.99 | $0.03 | ||
| Q3 24 | $1.03 | $0.27 | ||
| Q2 24 | $0.80 | $0.17 | ||
| Q1 24 | $0.84 | $-0.43 |
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 | — | $1.0B |
| 总债务越低越好 | $190.0M | $819.0M |
| 股东权益账面价值 | $438.8M | $645.0M |
| 总资产 | $1.6B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.43× | 1.27× |
8季度趋势，按日历期对齐
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $190.0M | $819.0M | ||
| Q3 25 | $190.0M | $821.0M | ||
| Q2 25 | $200.0M | $822.0M | ||
| Q1 25 | $200.0M | $1.2B | ||
| Q4 24 | $200.0M | $831.0M | ||
| Q3 24 | $200.0M | $832.0M | ||
| Q2 24 | $200.0M | — | ||
| Q1 24 | $200.0M | — |
| Q4 25 | $438.8M | $645.0M | ||
| Q3 25 | $402.1M | $707.0M | ||
| Q2 25 | $381.8M | $627.0M | ||
| Q1 25 | $356.5M | $643.0M | ||
| Q4 24 | $388.9M | $943.0M | ||
| Q3 24 | $372.1M | $944.0M | ||
| Q2 24 | $341.2M | $857.0M | ||
| Q1 24 | $320.3M | $825.0M |
| Q4 25 | $1.6B | $2.6B | ||
| Q3 25 | $1.6B | $2.8B | ||
| Q2 25 | $1.4B | $2.9B | ||
| Q1 25 | $1.4B | $2.8B | ||
| Q4 24 | $1.6B | $2.6B | ||
| Q3 24 | $1.6B | $2.7B | ||
| Q2 24 | $1.5B | $2.8B | ||
| Q1 24 | $1.5B | $2.7B |
| Q4 25 | 0.43× | 1.27× | ||
| Q3 25 | 0.47× | 1.16× | ||
| Q2 25 | 0.52× | 1.31× | ||
| Q1 25 | 0.56× | 1.81× | ||
| Q4 24 | 0.51× | 0.88× | ||
| Q3 24 | 0.54× | 0.88× | ||
| 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 | $-103.0M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $-122.0M |
| 自由现金流率自由现金流/营收 | 51.2% | -29.7% |
| 资本支出强度资本支出/营收 | 0.1% | 4.6% |
| 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 | $163.0M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $-103.0M | ||
| Q3 25 | $40.4M | $44.0M | ||
| Q2 25 | $50.9M | $202.0M | ||
| Q1 25 | $157.9M | $102.0M | ||
| Q4 24 | $372.8M | $-3.0M | ||
| Q3 24 | $112.8M | $-43.0M | ||
| Q2 24 | $75.9M | $51.0M | ||
| Q1 24 | $147.0M | $139.0M |
| Q4 25 | $171.6M | $-122.0M | ||
| Q3 25 | $40.4M | $25.0M | ||
| Q2 25 | $50.9M | $177.0M | ||
| Q1 25 | $157.7M | $83.0M | ||
| Q4 24 | $371.3M | $-26.0M | ||
| Q3 24 | $112.4M | $-63.0M | ||
| Q2 24 | $75.2M | $36.0M | ||
| Q1 24 | $146.9M | $123.0M |
| Q4 25 | 51.2% | -29.7% | ||
| Q3 25 | 13.4% | 4.5% | ||
| Q2 25 | 18.0% | 33.5% | ||
| Q1 25 | 56.9% | 20.9% | ||
| Q4 24 | 125.0% | -6.3% | ||
| Q3 24 | 40.2% | -11.8% | ||
| Q2 24 | 27.8% | 7.2% | ||
| Q1 24 | 55.6% | 31.1% |
| Q4 25 | 0.1% | 4.6% | ||
| Q3 25 | 0.0% | 3.4% | ||
| Q2 25 | 0.0% | 4.7% | ||
| Q1 25 | 0.1% | 4.8% | ||
| Q4 24 | 0.5% | 5.6% | ||
| Q3 24 | 0.1% | 3.8% | ||
| Q2 24 | 0.2% | 3.0% | ||
| Q1 24 | 0.0% | 4.1% |
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | 0.83× | ||
| Q2 25 | 0.75× | 5.61× | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | -3.00× | ||
| Q3 24 | 1.54× | -1.10× | ||
| Q2 24 | 1.32× | 2.13× | ||
| Q1 24 | 2.47× | — |
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
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
