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Artisan Partners Asset Management Inc.（APAM）与WW INTERNATIONAL, INC.（WW）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WW INTERNATIONAL, INC.的1.8倍（$335.5M vs $184.3M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -30.5%，领先65.7%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs -4.5%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $8.4M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs -7.4%）
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。
WW国际前身为慧俪轻体国际，是一家总部位于美国的全球性企业，主营减重与体重管理、健身及心态调整相关服务，核心产品为慧俪轻体综合减重饮食方案。公司由纽约皇后区的家庭主妇珍·妮德奇于1963年创立，截至2019年，其服务包含手机应用及网站线上方案、线上或电话指导、线下见面会三种模式。
APAM vs WW — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $184.3M |
| 净利润 | $118.1M | $-56.3M |
| 毛利率 | — | 72.2% |
| 营业利润率 | 39.2% | 5.8% |
| 净利率 | 35.2% | -30.5% |
| 营收同比 | 12.9% | -4.5% |
| 净利润同比 | 34.9% | -21.8% |
| 每股收益（稀释后） | $1.36 | $-5.63 |
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 | — | ||
| Q3 25 | $301.3M | $184.3M | ||
| Q2 25 | $282.7M | — | ||
| Q1 25 | $277.1M | $186.6M | ||
| Q4 24 | $297.1M | $184.4M | ||
| Q3 24 | $279.6M | $192.9M | ||
| Q2 24 | $270.8M | $202.1M | ||
| Q1 24 | $264.4M | $206.5M |
| Q4 25 | $118.1M | — | ||
| Q3 25 | $66.8M | $-56.3M | ||
| Q2 25 | $67.6M | — | ||
| Q1 25 | $61.1M | $-72.6M | ||
| Q4 24 | $87.5M | $25.1M | ||
| Q3 24 | $73.0M | $-46.2M | ||
| Q2 24 | $57.6M | $23.3M | ||
| Q1 24 | $59.5M | $-347.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 71.2% | ||
| Q4 24 | — | 69.7% | ||
| Q3 24 | — | 67.1% | ||
| Q2 24 | — | 67.9% | ||
| Q1 24 | — | 66.7% |
| Q4 25 | 39.2% | — | ||
| Q3 25 | 33.8% | 5.8% | ||
| Q2 25 | 28.2% | — | ||
| Q1 25 | 31.2% | -10.8% | ||
| Q4 24 | 36.7% | 19.6% | ||
| Q3 24 | 33.3% | -20.2% | ||
| Q2 24 | 32.0% | 17.8% | ||
| Q1 24 | 29.4% | -130.4% |
| Q4 25 | 35.2% | — | ||
| Q3 25 | 22.2% | -30.5% | ||
| Q2 25 | 23.9% | — | ||
| Q1 25 | 22.1% | -38.9% | ||
| Q4 24 | 29.5% | 13.6% | ||
| Q3 24 | 26.1% | -23.9% | ||
| Q2 24 | 21.3% | 11.5% | ||
| Q1 24 | 22.5% | -168.4% |
| Q4 25 | $1.36 | — | ||
| Q3 25 | $0.93 | $-5.63 | ||
| Q2 25 | $0.94 | — | ||
| Q1 25 | $0.82 | $-0.91 | ||
| Q4 24 | $0.99 | $0.34 | ||
| Q3 24 | $1.03 | $-0.58 | ||
| Q2 24 | $0.80 | $0.29 | ||
| Q1 24 | $0.84 | $-4.39 |
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 | — | $170.1M |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $323.0M |
| 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 | — | — | ||
| Q3 25 | — | $170.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $236.3M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | — | $57.2M | ||
| Q2 24 | — | $42.7M | ||
| Q1 24 | — | $66.6M |
| Q4 25 | $190.0M | — | ||
| Q3 25 | $190.0M | — | ||
| Q2 25 | $200.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.0M | $1.4B | ||
| Q3 24 | $200.0M | $1.4B | ||
| Q2 24 | $200.0M | $1.4B | ||
| Q1 24 | $200.0M | $1.4B |
| Q4 25 | $438.8M | — | ||
| Q3 25 | $402.1M | $323.0M | ||
| Q2 25 | $381.8M | — | ||
| Q1 25 | $356.5M | $-1.2B | ||
| Q4 24 | $388.9M | $-1.1B | ||
| Q3 24 | $372.1M | $-1.1B | ||
| Q2 24 | $341.2M | $-1.1B | ||
| Q1 24 | $320.3M | $-1.1B |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | $968.8M | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | $696.9M | ||
| Q4 24 | $1.6B | $550.3M | ||
| Q3 24 | $1.6B | $562.4M | ||
| Q2 24 | $1.5B | $614.3M | ||
| Q1 24 | $1.5B | $654.2M |
| 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× | — |
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 | $8.4M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $8.4M |
| 自由现金流率自由现金流/营收 | 51.2% | 4.6% |
| 资本支出强度资本支出/营收 | 0.1% | 0.0% |
| 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 | $44.3M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | — | ||
| Q3 25 | $40.4M | $8.4M | ||
| Q2 25 | $50.9M | — | ||
| Q1 25 | $157.9M | $15.0M | ||
| Q4 24 | $372.8M | $4.6M | ||
| Q3 24 | $112.8M | $16.5M | ||
| Q2 24 | $75.9M | $-1.9M | ||
| Q1 24 | $147.0M | $-36.0M |
| Q4 25 | $171.6M | — | ||
| Q3 25 | $40.4M | $8.4M | ||
| Q2 25 | $50.9M | — | ||
| Q1 25 | $157.7M | $15.0M | ||
| Q4 24 | $371.3M | $4.5M | ||
| Q3 24 | $112.4M | $16.4M | ||
| Q2 24 | $75.2M | $-2.2M | ||
| Q1 24 | $146.9M | $-36.5M |
| Q4 25 | 51.2% | — | ||
| Q3 25 | 13.4% | 4.6% | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | 56.9% | 8.0% | ||
| Q4 24 | 125.0% | 2.4% | ||
| Q3 24 | 40.2% | 8.5% | ||
| Q2 24 | 27.8% | -1.1% | ||
| Q1 24 | 55.6% | -17.7% |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | 0.0% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | 0.0% | ||
| Q4 24 | 0.5% | 0.1% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 0.2% | 0.1% | ||
| Q1 24 | 0.0% | 0.2% |
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | 0.18× | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | -0.08× | ||
| 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
