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安费诺（APH）与通用动力（GD）财务数据对比。点击上方公司名可切换其他公司
通用动力的季度营收约是安费诺的1.8倍（$13.5B vs $7.6B），安费诺净利率更高（12.4% vs 8.3%，领先4.0%），安费诺同比增速更快（58.4% vs 10.3%），通用动力自由现金流更多（$2.0B vs $831.2M），过去两年安费诺的营收复合增速更高（45.3% vs 6.1%）
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。
通用动力是总部位于美国弗吉尼亚州雷斯顿的工业科技企业，是全球领先的先进军工装备研发生产商，产品覆盖核潜艇、主战坦克、装甲战车等多种品类，同时生产湾流系列公务机，也提供信息技术服务，位列美国前百名国防承包商第三位。
APH vs GD — 直观对比
营收规模更大
GD
是对方的1.8倍
$7.6B
营收增速更快
APH
高出48.1%
10.3%
净利率更高
APH
高出4.0%
8.3%
自由现金流更多
GD
多$1.1B
$831.2M
两年增速更快
APH
近两年复合增速
6.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.6B | $13.5B |
| 净利润 | $943.3M | $1.1B |
| 毛利率 | 36.7% | — |
| 营业利润率 | 24.0% | 10.5% |
| 净利率 | 12.4% | 8.3% |
| 营收同比 | 58.4% | 10.3% |
| 净利润同比 | 26.8% | 13.2% |
| 每股收益（稀释后） | $0.72 | $4.10 |
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APHGD
| Q1 26 | $7.6B | $13.5B | ||
| Q4 25 | $6.4B | $14.4B | ||
| Q3 25 | $6.2B | $12.9B | ||
| Q2 25 | $5.7B | $13.0B | ||
| Q1 25 | $4.8B | $12.2B | ||
| Q4 24 | $4.3B | $13.3B | ||
| Q3 24 | $4.0B | $11.7B | ||
| Q2 24 | $3.6B | $12.0B |
净利润APHGD
| Q1 26 | $943.3M | $1.1B | ||
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $737.8M | $994.0M | ||
| Q4 24 | $746.1M | $1.1B | ||
| Q3 24 | $604.4M | $930.0M | ||
| Q2 24 | $524.8M | $905.0M |
毛利率APHGD
| Q1 26 | 36.7% | — | ||
| 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% | — |
营业利润率APHGD
| Q1 26 | 24.0% | 10.5% | ||
| Q4 25 | 26.8% | 10.1% | ||
| Q3 25 | 27.5% | 10.3% | ||
| Q2 25 | 25.1% | 10.0% | ||
| Q1 25 | 21.3% | 10.4% | ||
| Q4 24 | 22.1% | 10.7% | ||
| Q3 24 | 20.3% | 10.1% | ||
| Q2 24 | 19.4% | 9.7% |
净利率APHGD
| Q1 26 | 12.4% | 8.3% | ||
| Q4 25 | 18.6% | 7.9% | ||
| Q3 25 | 20.1% | 8.2% | ||
| Q2 25 | 19.3% | 7.8% | ||
| Q1 25 | 15.3% | 8.1% | ||
| Q4 24 | 17.3% | 8.6% | ||
| Q3 24 | 15.0% | 8.0% | ||
| Q2 24 | 14.5% | 7.6% |
每股收益（稀释后）APHGD
| Q1 26 | $0.72 | $4.10 | ||
| Q4 25 | $0.93 | — | ||
| Q3 25 | $0.97 | — | ||
| Q2 25 | $0.86 | — | ||
| Q1 25 | $0.58 | — | ||
| Q4 24 | $0.16 | — | ||
| Q3 24 | $0.48 | — | ||
| Q2 24 | $0.41 | — |
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 | $4.6B | $3.7B |
| 总债务越低越好 | $18.7B | $6.3B |
| 股东权益账面价值 | $14.1B | $26.1B |
| 总资产 | $42.1B | $59.0B |
| 负债/权益比越低杠杆越低 | 1.33× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资APHGD
| Q1 26 | $4.6B | $3.7B | ||
| Q4 25 | $11.4B | $2.3B | ||
| Q3 25 | $3.9B | $2.5B | ||
| Q2 25 | $3.2B | $1.5B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $1.6B | $2.1B | ||
| Q2 24 | $1.3B | $1.4B |
总债务APHGD
| Q1 26 | $18.7B | $6.3B | ||
| Q4 25 | $14.6B | $8.1B | ||
| Q3 25 | $7.1B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.5B | $8.8B | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.0B | — |
股东权益APHGD
| Q1 26 | $14.1B | $26.1B | ||
| Q4 25 | $13.4B | $25.6B | ||
| Q3 25 | $12.5B | $24.4B | ||
| Q2 25 | $11.5B | $23.6B | ||
| Q1 25 | $10.3B | $22.2B | ||
| Q4 24 | $9.8B | $22.1B | ||
| Q3 24 | $9.5B | $23.0B | ||
| Q2 24 | $9.0B | $22.0B |
总资产APHGD
| Q1 26 | $42.1B | $59.0B | ||
| Q4 25 | $36.2B | $57.2B | ||
| Q3 25 | $27.1B | $57.6B | ||
| Q2 25 | $25.7B | $56.9B | ||
| Q1 25 | $22.9B | $56.6B | ||
| Q4 24 | $21.4B | $55.9B | ||
| Q3 24 | $19.6B | $57.3B | ||
| Q2 24 | $18.6B | $55.4B |
负债/权益比APHGD
| Q1 26 | 1.33× | 0.24× | ||
| Q4 25 | 1.09× | 0.32× | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.66× | 0.40× | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.56× | — |
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 | $1.1B | — |
| 自由现金流经营现金流 - 资本支出 | $831.2M | $2.0B |
| 自由现金流率自由现金流/营收 | 10.9% | 14.5% |
| 资本支出强度资本支出/营收 | 3.8% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | $4.6B | $6.2B |
8季度趋势，按日历期对齐
经营现金流APHGD
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.4B | $1.6B | ||
| Q1 25 | $764.9M | $-148.0M | ||
| Q4 24 | $847.1M | $2.2B | ||
| Q3 24 | $704.0M | $1.4B | ||
| Q2 24 | $664.1M | $814.0M |
自由现金流APHGD
| Q1 26 | $831.2M | $2.0B | ||
| Q4 25 | $1.5B | $952.0M | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $576.3M | $-290.0M | ||
| Q4 24 | $647.3M | $1.8B | ||
| Q3 24 | $474.0M | $1.2B | ||
| Q2 24 | $522.8M | $613.0M |
自由现金流率APHGD
| Q1 26 | 10.9% | 14.5% | ||
| Q4 25 | 22.8% | 6.6% | ||
| Q3 25 | 19.6% | 14.7% | ||
| Q2 25 | 19.8% | 10.7% | ||
| Q1 25 | 12.0% | -2.4% | ||
| Q4 24 | 15.0% | 13.5% | ||
| Q3 24 | 11.7% | 10.4% | ||
| Q2 24 | 14.5% | 5.1% |
资本支出强度APHGD
| Q1 26 | 3.8% | 1.5% | ||
| Q4 25 | 3.9% | 4.2% | ||
| Q3 25 | 4.2% | 1.6% | ||
| Q2 25 | 5.3% | 1.5% | ||
| Q1 25 | 3.9% | 1.2% | ||
| Q4 24 | 4.6% | 2.7% | ||
| Q3 24 | 5.7% | 1.7% | ||
| Q2 24 | 3.9% | 1.7% |
现金转化率APHGD
| Q1 26 | 1.19× | — | ||
| Q4 25 | 1.44× | 1.37× | ||
| Q3 25 | 1.18× | 1.99× | ||
| Q2 25 | 1.30× | 1.58× | ||
| Q1 25 | 1.04× | -0.15× | ||
| Q4 24 | 1.14× | 1.88× | ||
| Q3 24 | 1.16× | 1.52× | ||
| Q2 24 | 1.27× | 0.90× |
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 | $4.5B | 60% |
| Harsh Environment Solutions | $1.7B | 22% |
| Interconnect and Sensor Systems | $1.4B | 18% |
GD
暂无分部数据
