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安费诺（APH）与FISERV INC（FISV）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FISERV INC的1.2倍（$6.4B vs $5.3B），安费诺净利率更高（18.6% vs 15.3%，领先3.2%），安费诺同比增速更快（49.1% vs 0.6%），FISERV INC自由现金流更多（$1.5B vs $1.5B），过去两年安费诺的营收复合增速更高（40.6% vs 4.0%）
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。
Fiserv是总部位于美国威斯康星州密尔沃基的跨国金融科技企业，面向银行机构提供借记卡、信用卡交易处理、忠诚度计划管理、贷款服务、电子账单支付、电汇及ACH转账、支票存款、ATM交易处理等解决方案，同时生产借记卡、信用卡及POS终端设备。
APH vs FISV — 直观对比
营收规模更大
APH
是对方的1.2倍
$5.3B
营收增速更快
APH
高出48.5%
0.6%
净利率更高
APH
高出3.2%
15.3%
自由现金流更多
FISV
多$33.5M
$1.5B
两年增速更快
APH
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $5.3B |
| 净利润 | $1.2B | $811.0M |
| 毛利率 | 38.2% | — |
| 营业利润率 | 26.8% | 24.4% |
| 净利率 | 18.6% | 15.3% |
| 营收同比 | 49.1% | 0.6% |
| 净利润同比 | 60.2% | -13.5% |
| 每股收益（稀释后） | $0.93 | $1.51 |
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APHFISV
| Q4 25 | $6.4B | $5.3B | ||
| Q3 25 | $6.2B | $5.3B | ||
| Q2 25 | $5.7B | $5.5B | ||
| Q1 25 | $4.8B | $5.1B | ||
| Q4 24 | $4.3B | $5.3B | ||
| Q3 24 | $4.0B | $5.2B | ||
| Q2 24 | $3.6B | $5.1B | ||
| Q1 24 | $3.3B | $4.9B |
净利润APHFISV
| Q4 25 | $1.2B | $811.0M | ||
| Q3 25 | $1.2B | $792.0M | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $737.8M | $851.0M | ||
| Q4 24 | $746.1M | $938.0M | ||
| Q3 24 | $604.4M | $564.0M | ||
| Q2 24 | $524.8M | $894.0M | ||
| Q1 24 | $548.7M | $735.0M |
毛利率APHFISV
| Q4 25 | 38.2% | — | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 36.3% | — | ||
| Q1 25 | 34.2% | — | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 33.6% | — | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 33.4% | — |
营业利润率APHFISV
| Q4 25 | 26.8% | 24.4% | ||
| Q3 25 | 27.5% | 27.3% | ||
| Q2 25 | 25.1% | 30.7% | ||
| Q1 25 | 21.3% | 27.2% | ||
| Q4 24 | 22.1% | 31.8% | ||
| Q3 24 | 20.3% | 30.7% | ||
| Q2 24 | 19.4% | 28.0% | ||
| Q1 24 | 21.0% | 24.2% |
净利率APHFISV
| Q4 25 | 18.6% | 15.3% | ||
| Q3 25 | 20.1% | 15.0% | ||
| Q2 25 | 19.3% | 18.6% | ||
| Q1 25 | 15.3% | 16.6% | ||
| Q4 24 | 17.3% | 17.9% | ||
| Q3 24 | 15.0% | 10.8% | ||
| Q2 24 | 14.5% | 17.5% | ||
| Q1 24 | 16.9% | 15.1% |
每股收益（稀释后）APHFISV
| Q4 25 | $0.93 | $1.51 | ||
| Q3 25 | $0.97 | $1.46 | ||
| Q2 25 | $0.86 | $1.86 | ||
| Q1 25 | $0.58 | $1.51 | ||
| Q4 24 | $0.16 | $1.63 | ||
| Q3 24 | $0.48 | $0.98 | ||
| Q2 24 | $0.41 | $1.53 | ||
| Q1 24 | $0.87 | $1.24 |
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 | $11.4B | $798.0M |
| 总债务越低越好 | $14.6B | $27.8B |
| 股东权益账面价值 | $13.4B | $25.8B |
| 总资产 | $36.2B | $80.1B |
| 负债/权益比越低杠杆越低 | 1.09× | 1.08× |
8季度趋势，按日历期对齐
现金及短期投资APHFISV
| Q4 25 | $11.4B | $798.0M | ||
| Q3 25 | $3.9B | $1.1B | ||
| Q2 25 | $3.2B | $999.0M | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $3.3B | $1.2B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
总债务APHFISV
| Q4 25 | $14.6B | $27.8B | ||
| Q3 25 | $7.1B | $28.9B | ||
| Q2 25 | $7.1B | $28.1B | ||
| Q1 25 | $6.8B | $27.0B | ||
| Q4 24 | $6.5B | $23.7B | ||
| Q3 24 | $5.1B | $24.1B | ||
| Q2 24 | $5.0B | $24.4B | ||
| Q1 24 | $3.6B | $23.8B |
股东权益APHFISV
| Q4 25 | $13.4B | $25.8B | ||
| Q3 25 | $12.5B | $25.1B | ||
| Q2 25 | $11.5B | $25.2B | ||
| Q1 25 | $10.3B | $25.9B | ||
| Q4 24 | $9.8B | $27.1B | ||
| Q3 24 | $9.5B | $27.8B | ||
| Q2 24 | $9.0B | $28.2B | ||
| Q1 24 | $8.7B | $28.8B |
总资产APHFISV
| Q4 25 | $36.2B | $80.1B | ||
| Q3 25 | $27.1B | $79.4B | ||
| Q2 25 | $25.7B | $81.5B | ||
| Q1 25 | $22.9B | $80.4B | ||
| Q4 24 | $21.4B | $77.2B | ||
| Q3 24 | $19.6B | $79.8B | ||
| Q2 24 | $18.6B | $93.4B | ||
| Q1 24 | $16.7B | $92.7B |
负债/权益比APHFISV
| Q4 25 | 1.09× | 1.08× | ||
| Q3 25 | 0.57× | 1.15× | ||
| Q2 25 | 0.62× | 1.11× | ||
| Q1 25 | 0.66× | 1.04× | ||
| Q4 24 | 0.66× | 0.88× | ||
| Q3 24 | 0.54× | 0.87× | ||
| Q2 24 | 0.56× | 0.87× | ||
| Q1 24 | 0.41× | 0.82× |
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 | $1.9B |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $1.5B |
| 自由现金流率自由现金流/营收 | 22.8% | 28.4% |
| 资本支出强度资本支出/营收 | 3.9% | 8.4% |
| 现金转化率经营现金流/净利润 | 1.44× | 2.40× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $4.3B |
8季度趋势，按日历期对齐
经营现金流APHFISV
| Q4 25 | $1.7B | $1.9B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $764.9M | $648.0M | ||
| Q4 24 | $847.1M | $2.2B | ||
| Q3 24 | $704.0M | $2.2B | ||
| Q2 24 | $664.1M | $1.3B | ||
| Q1 24 | $599.5M | $831.0M |
自由现金流APHFISV
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $576.3M | $313.0M | ||
| Q4 24 | $647.3M | $1.8B | ||
| Q3 24 | $474.0M | $1.8B | ||
| Q2 24 | $522.8M | $993.0M | ||
| Q1 24 | $505.2M | $411.0M |
自由现金流率APHFISV
| Q4 25 | 22.8% | 28.4% | ||
| Q3 25 | 19.6% | 24.7% | ||
| Q2 25 | 19.8% | 21.5% | ||
| Q1 25 | 12.0% | 6.1% | ||
| Q4 24 | 15.0% | 34.7% | ||
| Q3 24 | 11.7% | 35.2% | ||
| Q2 24 | 14.5% | 19.4% | ||
| Q1 24 | 15.5% | 8.4% |
资本支出强度APHFISV
| Q4 25 | 3.9% | 8.4% | ||
| Q3 25 | 4.2% | 9.6% | ||
| Q2 25 | 5.3% | 8.7% | ||
| Q1 25 | 3.9% | 6.5% | ||
| Q4 24 | 4.6% | 7.6% | ||
| Q3 24 | 5.7% | 7.7% | ||
| Q2 24 | 3.9% | 6.8% | ||
| Q1 24 | 2.9% | 8.6% |
现金转化率APHFISV
| Q4 25 | 1.44× | 2.40× | ||
| Q3 25 | 1.18× | 2.28× | ||
| Q2 25 | 1.30× | 1.62× | ||
| Q1 25 | 1.04× | 0.76× | ||
| Q4 24 | 1.14× | 2.37× | ||
| Q3 24 | 1.16× | 3.97× | ||
| Q2 24 | 1.27× | 1.50× | ||
| Q1 24 | 1.09× | 1.13× |
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% |
FISV
| Small Business | $1.7B | 32% |
| Products | $1.0B | 19% |
| Digital Payments | $960.0M | 18% |
| Issuing | $792.0M | 15% |
| Enterprise | $587.0M | 11% |
| Processing | $265.0M | 5% |
| Affiliated Entity | $18.0M | 0% |
