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APi Group Corp（APG）与格罗方德（GFS）财务数据对比。点击上方公司名可切换其他公司
APi Group Corp的季度营收约是格罗方德的1.3倍（$2.1B vs $1.7B），格罗方德净利率更高（14.8% vs 4.6%，领先10.2%），APi Group Corp同比增速更快（13.8% vs -2.9%），过去两年APi Group Corp的营收复合增速更高（15.0% vs -4.3%）
xAI是埃隆·马斯克2023年创立的美国科技企业，为航天企业SpaceX的全资子公司，业务覆盖人工智能、社交媒体领域，核心产品包括生成式AI聊天机器人Grok，以及2025年3月收购的社交媒体平台X。
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
APG vs GFS — 直观对比
营收规模更大
APG
是对方的1.3倍
$1.7B
营收增速更快
APG
高出16.7%
-2.9%
净利率更高
GFS
高出10.2%
4.6%
两年增速更快
APG
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.7B |
| 净利润 | $97.0M | $249.0M |
| 毛利率 | 32.0% | 24.8% |
| 营业利润率 | 7.7% | 11.6% |
| 净利率 | 4.6% | 14.8% |
| 营收同比 | 13.8% | -2.9% |
| 净利润同比 | 44.8% | 39.9% |
| 每股收益（稀释后） | $-1.16 | $0.44 |
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
营收APGGFS
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | $1.7B | $1.6B | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.6B | $1.5B |
净利润APGGFS
| Q4 25 | $97.0M | — | ||
| Q3 25 | $93.0M | $249.0M | ||
| Q2 25 | $77.0M | $228.0M | ||
| Q1 25 | $35.0M | $211.0M | ||
| Q4 24 | $67.0M | — | ||
| Q3 24 | $69.0M | $178.0M | ||
| Q2 24 | $69.0M | $155.0M | ||
| Q1 24 | $45.0M | $134.0M |
毛利率APGGFS
| Q4 25 | 32.0% | — | ||
| Q3 25 | 31.3% | 24.8% | ||
| Q2 25 | 30.9% | 24.2% | ||
| Q1 25 | 31.5% | 22.4% | ||
| Q4 24 | 30.9% | — | ||
| Q3 24 | 31.1% | 23.8% | ||
| Q2 24 | 31.4% | 24.2% | ||
| Q1 24 | 30.7% | 25.4% |
营业利润率APGGFS
| Q4 25 | 7.7% | — | ||
| Q3 25 | 7.8% | 11.6% | ||
| Q2 25 | 7.2% | 11.6% | ||
| Q1 25 | 4.9% | 9.5% | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 7.8% | 10.6% | ||
| Q2 24 | 7.3% | 9.5% | ||
| Q1 24 | 6.2% | 9.5% |
净利率APGGFS
| Q4 25 | 4.6% | — | ||
| Q3 25 | 4.5% | 14.8% | ||
| Q2 25 | 3.9% | 13.5% | ||
| Q1 25 | 2.0% | 13.3% | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 3.8% | 10.2% | ||
| Q2 24 | 4.0% | 9.5% | ||
| Q1 24 | 2.8% | 8.7% |
每股收益（稀释后）APGGFS
| Q4 25 | $-1.16 | — | ||
| Q3 25 | $0.20 | $0.44 | ||
| Q2 25 | $0.16 | $0.41 | ||
| Q1 25 | $0.11 | $0.38 | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $0.23 | $0.32 | ||
| Q2 24 | $0.22 | $0.28 | ||
| Q1 24 | $-1.34 | $0.24 |
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 | $912.0M | $2.0B |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $3.4B | $11.8B |
| 总资产 | $8.9B | $16.7B |
| 负债/权益比越低杠杆越低 | 0.81× | — |
8季度趋势，按日历期对齐
现金及短期投资APGGFS
| Q4 25 | $912.0M | — | ||
| Q3 25 | $555.0M | $2.0B | ||
| Q2 25 | $432.0M | $1.8B | ||
| Q1 25 | $460.0M | $1.6B | ||
| Q4 24 | $499.0M | — | ||
| Q3 24 | $487.0M | $2.3B | ||
| Q2 24 | $324.0M | $2.2B | ||
| Q1 24 | $247.0M | $2.2B |
总债务APGGFS
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.7B | — |
股东权益APGGFS
| Q4 25 | $3.4B | — | ||
| Q3 25 | $3.3B | $11.8B | ||
| Q2 25 | $3.2B | $11.5B | ||
| Q1 25 | $3.0B | $11.1B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.0B | $11.6B | ||
| Q2 24 | $2.8B | $11.3B | ||
| Q1 24 | $2.3B | $11.3B |
总资产APGGFS
| Q4 25 | $8.9B | — | ||
| Q3 25 | $8.7B | $16.7B | ||
| Q2 25 | $8.5B | $16.8B | ||
| Q1 25 | $8.1B | $16.5B | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $8.2B | $18.1B | ||
| Q2 24 | $8.0B | — | ||
| Q1 24 | $7.2B | — |
负债/权益比APGGFS
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.84× | — | ||
| Q2 25 | 0.87× | — | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 0.96× | — | ||
| Q2 24 | 1.00× | — | ||
| Q1 24 | 1.19× | — |
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 | $382.0M | $595.0M |
| 自由现金流经营现金流 - 资本支出 | $356.0M | — |
| 自由现金流率自由现金流/营收 | 16.8% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 3.94× | 2.39× |
| 过去12个月自由现金流最近4个季度 | $663.0M | — |
8季度趋势，按日历期对齐
经营现金流APGGFS
| Q4 25 | $382.0M | — | ||
| Q3 25 | $232.0M | $595.0M | ||
| Q2 25 | $83.0M | $431.0M | ||
| Q1 25 | $62.0M | $331.0M | ||
| Q4 24 | $283.0M | — | ||
| Q3 24 | $220.0M | $375.0M | ||
| Q2 24 | $110.0M | $402.0M | ||
| Q1 24 | $7.0M | $488.0M |
自由现金流APGGFS
| Q4 25 | $356.0M | — | ||
| Q3 25 | $201.0M | — | ||
| Q2 25 | $56.0M | — | ||
| Q1 25 | $50.0M | — | ||
| Q4 24 | $265.0M | — | ||
| Q3 24 | $198.0M | — | ||
| Q2 24 | $88.0M | — | ||
| Q1 24 | $-15.0M | — |
自由现金流率APGGFS
| Q4 25 | 16.8% | — | ||
| Q3 25 | 9.6% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 14.2% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 5.1% | — | ||
| Q1 24 | -0.9% | — |
资本支出强度APGGFS
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 1.4% | — |
现金转化率APGGFS
| Q4 25 | 3.94× | — | ||
| Q3 25 | 2.49× | 2.39× | ||
| Q2 25 | 1.08× | 1.89× | ||
| Q1 25 | 1.77× | 1.57× | ||
| Q4 24 | 4.22× | — | ||
| Q3 24 | 3.19× | 2.11× | ||
| Q2 24 | 1.59× | 2.59× | ||
| Q1 24 | 0.16× | 3.64× |
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
APG
暂无分部数据
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
