vs
Artisan Partners Asset Management Inc.（APAM）与Wheels Up Experience Inc.（UP）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Wheels Up Experience Inc.的1.8倍（$335.5M vs $183.8M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -15.7%，领先50.9%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs -10.2%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $-58.3M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs -3.4%）
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。
Wheels Up是美国领先的按需私人航空服务提供商，也是全球规模最大的私人航空企业之一。公司由肯尼·迪希特创立于2013年，采用会员制按需服务的商业模式，会员可通过移动应用程序，从公司自有机队及第三方运营商处预订私人飞机出行。
APAM vs UP — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $183.8M |
| 净利润 | $118.1M | $-28.9M |
| 毛利率 | — | 14.3% |
| 营业利润率 | 39.2% | -0.9% |
| 净利率 | 35.2% | -15.7% |
| 营收同比 | 12.9% | -10.2% |
| 净利润同比 | 34.9% | 67.0% |
| 每股收益（稀释后） | $1.36 | $-0.04 |
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 | $183.8M | ||
| Q3 25 | $301.3M | $185.5M | ||
| Q2 25 | $282.7M | $189.6M | ||
| Q1 25 | $277.1M | $177.5M | ||
| Q4 24 | $297.1M | $204.8M | ||
| Q3 24 | $279.6M | $193.9M | ||
| Q2 24 | $270.8M | $196.3M | ||
| Q1 24 | $264.4M | $197.1M |
| Q4 25 | $118.1M | $-28.9M | ||
| Q3 25 | $66.8M | $-83.7M | ||
| Q2 25 | $67.6M | $-82.3M | ||
| Q1 25 | $61.1M | $-99.3M | ||
| Q4 24 | $87.5M | $-87.5M | ||
| Q3 24 | $73.0M | $-57.7M | ||
| Q2 24 | $57.6M | $-97.0M | ||
| Q1 24 | $59.5M | $-97.4M |
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 8.3% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | — | 13.9% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | -0.6% |
| Q4 25 | 39.2% | -0.9% | ||
| Q3 25 | 33.8% | -33.1% | ||
| Q2 25 | 28.2% | -31.4% | ||
| Q1 25 | 31.2% | -45.5% | ||
| Q4 24 | 36.7% | -26.0% | ||
| Q3 24 | 33.3% | -21.6% | ||
| Q2 24 | 32.0% | -40.3% | ||
| Q1 24 | 29.4% | -42.9% |
| Q4 25 | 35.2% | -15.7% | ||
| Q3 25 | 22.2% | -45.1% | ||
| Q2 25 | 23.9% | -43.4% | ||
| Q1 25 | 22.1% | -55.9% | ||
| Q4 24 | 29.5% | -42.7% | ||
| Q3 24 | 26.1% | -29.8% | ||
| Q2 24 | 21.3% | -49.4% | ||
| Q1 24 | 22.5% | -49.4% |
| Q4 25 | $1.36 | $-0.04 | ||
| Q3 25 | $0.93 | $-0.12 | ||
| Q2 25 | $0.94 | $-0.12 | ||
| Q1 25 | $0.82 | $-0.14 | ||
| Q4 24 | $0.99 | $-0.13 | ||
| Q3 24 | $1.03 | $-0.08 | ||
| Q2 24 | $0.80 | $-0.14 | ||
| Q1 24 | $0.84 | $-0.14 |
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 | — | $133.9M |
| 总债务越低越好 | $190.0M | $671.3M |
| 股东权益账面价值 | $438.8M | $-392.1M |
| 总资产 | $1.6B | $968.8M |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
| Q4 25 | — | $133.9M | ||
| Q3 25 | — | $125.3M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $171.8M | ||
| Q4 24 | — | $216.4M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | — | $141.5M | ||
| Q1 24 | — | $180.9M |
| Q4 25 | $190.0M | $671.3M | ||
| Q3 25 | $190.0M | $766.5M | ||
| Q2 25 | $200.0M | $770.5M | ||
| Q1 25 | $200.0M | $765.8M | ||
| Q4 24 | $200.0M | $761.3M | ||
| Q3 24 | $200.0M | $596.9M | ||
| Q2 24 | $200.0M | $597.4M | ||
| Q1 24 | $200.0M | $603.2M |
| Q4 25 | $438.8M | $-392.1M | ||
| Q3 25 | $402.1M | $-374.5M | ||
| Q2 25 | $381.8M | $-347.8M | ||
| Q1 25 | $356.5M | $-288.1M | ||
| Q4 24 | $388.9M | $-202.1M | ||
| Q3 24 | $372.1M | $-117.7M | ||
| Q2 24 | $341.2M | $-72.2M | ||
| Q1 24 | $320.3M | $936.0K |
| Q4 25 | $1.6B | $968.8M | ||
| Q3 25 | $1.6B | $973.0M | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.6B | $1.0B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.5B | $1.2B |
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.62× | 644.43× |
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 | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $-58.3M |
| 自由现金流率自由现金流/营收 | 51.2% | -31.7% |
| 资本支出强度资本支出/营收 | 0.1% | 21.7% |
| 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 | $-259.9M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $-18.4M | ||
| Q3 25 | $40.4M | $-37.1M | ||
| Q2 25 | $50.9M | $-62.9M | ||
| Q1 25 | $157.9M | $-47.9M | ||
| Q4 24 | $372.8M | $37.9M | ||
| Q3 24 | $112.8M | $-16.9M | ||
| Q2 24 | $75.9M | $-25.2M | ||
| Q1 24 | $147.0M | $-73.8M |
| Q4 25 | $171.6M | $-58.3M | ||
| Q3 25 | $40.4M | $-60.4M | ||
| Q2 25 | $50.9M | $-78.6M | ||
| Q1 25 | $157.7M | $-62.6M | ||
| Q4 24 | $371.3M | $-70.2M | ||
| Q3 24 | $112.4M | $-21.9M | ||
| Q2 24 | $75.2M | $-30.8M | ||
| Q1 24 | $146.9M | $-77.8M |
| Q4 25 | 51.2% | -31.7% | ||
| Q3 25 | 13.4% | -32.6% | ||
| Q2 25 | 18.0% | -41.5% | ||
| Q1 25 | 56.9% | -35.3% | ||
| Q4 24 | 125.0% | -34.3% | ||
| Q3 24 | 40.2% | -11.3% | ||
| Q2 24 | 27.8% | -15.7% | ||
| Q1 24 | 55.6% | -39.5% |
| Q4 25 | 0.1% | 21.7% | ||
| Q3 25 | 0.0% | 12.5% | ||
| Q2 25 | 0.0% | 8.3% | ||
| Q1 25 | 0.1% | 8.3% | ||
| Q4 24 | 0.5% | 52.8% | ||
| Q3 24 | 0.1% | 2.6% | ||
| Q2 24 | 0.2% | 2.9% | ||
| Q1 24 | 0.0% | 2.0% |
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | — | ||
| 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
