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安费诺（APH）与高露洁棕榄（CL）财务数据对比。点击上方公司名可切换其他公司
安费诺的季度营收约是高露洁棕榄的1.2倍（$6.4B vs $5.2B），安费诺净利率更高（18.6% vs -0.7%，领先19.3%），安费诺同比增速更快（49.1% vs 5.8%），安费诺自由现金流更多（$1.5B vs $1.3B），过去两年安费诺的营收复合增速更高（40.6% vs 1.6%）
安费诺是一家总部位于美国的电子零部件制造企业，核心产品涵盖电子连接器、光纤连接器、同轴电缆等各类线缆及互连系统，是全球互连解决方案领域的主流供应商，品牌名称源自其前身American Phenolic Corp的名称缩写组合。
高露洁棕榄是总部位于美国纽约市曼哈顿中城公园大道的跨国消费品企业，主营家居清洁、医疗护理、个人护理、宠物护理等品类产品的生产、分销及相关服务，旗下产品行销全球多地，在日用消费领域拥有广泛的市场认可度。
APH vs CL — 直观对比
营收规模更大
APH
是对方的1.2倍
$5.2B
营收增速更快
APH
高出43.4%
5.8%
净利率更高
APH
高出19.3%
-0.7%
自由现金流更多
APH
多$192.5M
$1.3B
两年增速更快
APH
近两年复合增速
1.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $5.2B |
| 净利润 | $1.2B | $-36.0M |
| 毛利率 | 38.2% | 60.2% |
| 营业利润率 | 26.8% | 1.7% |
| 净利率 | 18.6% | -0.7% |
| 营收同比 | 49.1% | 5.8% |
| 净利润同比 | 60.2% | -104.9% |
| 每股收益（稀释后） | $0.93 | $-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
营收APHCL
| Q4 25 | $6.4B | $5.2B | ||
| Q3 25 | $6.2B | $5.1B | ||
| Q2 25 | $5.7B | $5.1B | ||
| Q1 25 | $4.8B | $4.9B | ||
| Q4 24 | $4.3B | $4.9B | ||
| Q3 24 | $4.0B | $5.0B | ||
| Q2 24 | $3.6B | $5.1B | ||
| Q1 24 | $3.3B | $5.1B |
净利润APHCL
| Q4 25 | $1.2B | $-36.0M | ||
| Q3 25 | $1.2B | $735.0M | ||
| Q2 25 | $1.1B | $743.0M | ||
| Q1 25 | $737.8M | $690.0M | ||
| Q4 24 | $746.1M | $738.0M | ||
| Q3 24 | $604.4M | $737.0M | ||
| Q2 24 | $524.8M | $731.0M | ||
| Q1 24 | $548.7M | $683.0M |
毛利率APHCL
| Q4 25 | 38.2% | 60.2% | ||
| Q3 25 | 38.1% | 59.4% | ||
| Q2 25 | 36.3% | 60.1% | ||
| Q1 25 | 34.2% | 60.8% | ||
| Q4 24 | 34.3% | 60.3% | ||
| Q3 24 | 33.6% | 61.1% | ||
| Q2 24 | 33.6% | 60.6% | ||
| Q1 24 | 33.4% | 60.0% |
营业利润率APHCL
| Q4 25 | 26.8% | 1.7% | ||
| Q3 25 | 27.5% | 20.6% | ||
| Q2 25 | 25.1% | 21.1% | ||
| Q1 25 | 21.3% | 21.9% | ||
| Q4 24 | 22.1% | 21.5% | ||
| Q3 24 | 20.3% | 21.2% | ||
| Q2 24 | 19.4% | 21.6% | ||
| Q1 24 | 21.0% | 20.7% |
净利率APHCL
| Q4 25 | 18.6% | -0.7% | ||
| Q3 25 | 20.1% | 14.3% | ||
| Q2 25 | 19.3% | 14.5% | ||
| Q1 25 | 15.3% | 14.1% | ||
| Q4 24 | 17.3% | 14.9% | ||
| Q3 24 | 15.0% | 14.6% | ||
| Q2 24 | 14.5% | 14.5% | ||
| Q1 24 | 16.9% | 13.5% |
每股收益（稀释后）APHCL
| Q4 25 | $0.93 | $-0.04 | ||
| Q3 25 | $0.97 | $0.91 | ||
| Q2 25 | $0.86 | $0.91 | ||
| Q1 25 | $0.58 | $0.85 | ||
| Q4 24 | $0.16 | $0.89 | ||
| Q3 24 | $0.48 | $0.90 | ||
| Q2 24 | $0.41 | $0.89 | ||
| Q1 24 | $0.87 | $0.83 |
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 | $11.4B | $1.4B |
| 总债务越低越好 | $14.6B | $7.8B |
| 股东权益账面价值 | $13.4B | $54.0M |
| 总资产 | $36.2B | $16.3B |
| 负债/权益比越低杠杆越低 | 1.09× | 145.17× |
8季度趋势，按日历期对齐
现金及短期投资APHCL
| Q4 25 | $11.4B | $1.4B | ||
| Q3 25 | $3.9B | $1.3B | ||
| Q2 25 | $3.2B | $1.2B | ||
| Q1 25 | $1.7B | $1.1B | ||
| Q4 24 | $3.3B | $1.3B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.3B | $1.1B | ||
| Q1 24 | $2.0B | $1.1B |
总债务APHCL
| Q4 25 | $14.6B | $7.8B | ||
| Q3 25 | $7.1B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.5B | $7.0B | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $3.6B | — |
股东权益APHCL
| Q4 25 | $13.4B | $54.0M | ||
| Q3 25 | $12.5B | $856.0M | ||
| Q2 25 | $11.5B | $702.0M | ||
| Q1 25 | $10.3B | $363.0M | ||
| Q4 24 | $9.8B | $212.0M | ||
| Q3 24 | $9.5B | $435.0M | ||
| Q2 24 | $9.0B | $123.0M | ||
| Q1 24 | $8.7B | $230.0M |
总资产APHCL
| Q4 25 | $36.2B | $16.3B | ||
| Q3 25 | $27.1B | $17.5B | ||
| Q2 25 | $25.7B | $17.5B | ||
| Q1 25 | $22.9B | $16.6B | ||
| Q4 24 | $21.4B | $16.0B | ||
| Q3 24 | $19.6B | $16.8B | ||
| Q2 24 | $18.6B | $16.5B | ||
| Q1 24 | $16.7B | $16.6B |
负债/权益比APHCL
| Q4 25 | 1.09× | 145.17× | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.66× | 33.04× | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.41× | — |
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 | $1.7B | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $1.3B |
| 自由现金流率自由现金流/营收 | 22.8% | 24.4% |
| 资本支出强度资本支出/营收 | 3.9% | 3.4% |
| 现金转化率经营现金流/净利润 | 1.44× | — |
| 过去12个月自由现金流最近4个季度 | $4.4B | $3.6B |
8季度趋势，按日历期对齐
经营现金流APHCL
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.4B | $884.0M | ||
| Q1 25 | $764.9M | $600.0M | ||
| Q4 24 | $847.1M | $1.3B | ||
| Q3 24 | $704.0M | $1.2B | ||
| Q2 24 | $664.1M | $990.0M | ||
| Q1 24 | $599.5M | $681.0M |
自由现金流APHCL
| Q4 25 | $1.5B | $1.3B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.1B | $776.0M | ||
| Q1 25 | $576.3M | $476.0M | ||
| Q4 24 | $647.3M | $1.1B | ||
| Q3 24 | $474.0M | $1.0B | ||
| Q2 24 | $522.8M | $873.0M | ||
| Q1 24 | $505.2M | $555.0M |
自由现金流率APHCL
| Q4 25 | 22.8% | 24.4% | ||
| Q3 25 | 19.6% | 21.6% | ||
| Q2 25 | 19.8% | 15.2% | ||
| Q1 25 | 12.0% | 9.7% | ||
| Q4 24 | 15.0% | 21.9% | ||
| Q3 24 | 11.7% | 20.5% | ||
| Q2 24 | 14.5% | 17.3% | ||
| Q1 24 | 15.5% | 11.0% |
资本支出强度APHCL
| Q4 25 | 3.9% | 3.4% | ||
| Q3 25 | 4.2% | 3.0% | ||
| Q2 25 | 5.3% | 2.1% | ||
| Q1 25 | 3.9% | 2.5% | ||
| Q4 24 | 4.6% | 3.7% | ||
| Q3 24 | 5.7% | 2.7% | ||
| Q2 24 | 3.9% | 2.3% | ||
| Q1 24 | 2.9% | 2.5% |
现金转化率APHCL
| Q4 25 | 1.44× | — | ||
| Q3 25 | 1.18× | 1.72× | ||
| Q2 25 | 1.30× | 1.19× | ||
| Q1 25 | 1.04× | 0.87× | ||
| Q4 24 | 1.14× | 1.72× | ||
| Q3 24 | 1.16× | 1.58× | ||
| Q2 24 | 1.27× | 1.35× | ||
| Q1 24 | 1.09× | 1.00× |
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
APH
| Communications Solutions Segment | $3.5B | 54% |
| Harsh Environment Solutions Segment | $1.7B | 26% |
| Sales Channel Through Intermediary | $1.4B | 21% |
CL
| Other | $3.0B | 58% |
| Pet Nutrition | $1.2B | 23% |
| Oral Personal And Home Care | $1.0B | 20% |
