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安费诺（APH）与康宁（GLW）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康宁的1.5倍（$6.4B vs $4.2B）。安费诺净利率更高（18.6% vs 12.8%，领先5.8%）。安费诺同比增速更快（49.1% vs 20.4%）。安费诺自由现金流更多（$1.5B vs $620.0M）。过去两年安费诺的营收复合增速更高（40.6% vs 19.0%）
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。
康宁是1851年成立的美国跨国科技企业，主营玻璃、陶瓷及相关材料技术，产品线涵盖先进光学产品，主要应用于工业与科研领域。20世纪曾推出多款知名消费产品，包括康宁锅、Corelle餐具、Pyrex烘焙玻璃器皿等，广受市场欢迎。
APH vs GLW — 直观对比
营收规模更大
APH
是对方的1.5倍
$4.2B
营收增速更快
APH
高出28.7%
20.4%
净利率更高
APH
高出5.8%
12.8%
自由现金流更多
APH
多$848.5M
$620.0M
两年增速更快
APH
近两年复合增速
19.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $4.2B |
| 净利润 | $1.2B | $540.0M |
| 毛利率 | 38.2% | 35.5% |
| 营业利润率 | 26.8% | 15.9% |
| 净利率 | 18.6% | 12.8% |
| 营收同比 | 49.1% | 20.4% |
| 净利润同比 | 60.2% | 74.2% |
| 每股收益（稀释后） | $0.93 | $0.61 |
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APHGLW
| Q4 25 | $6.4B | $4.2B | ||
| Q3 25 | $6.2B | $4.1B | ||
| Q2 25 | $5.7B | $3.9B | ||
| Q1 25 | $4.8B | $3.5B | ||
| Q4 24 | $4.3B | $3.5B | ||
| Q3 24 | $4.0B | $3.4B | ||
| Q2 24 | $3.6B | $3.3B | ||
| Q1 24 | $3.3B | $3.0B |
净利润APHGLW
| Q4 25 | $1.2B | $540.0M | ||
| Q3 25 | $1.2B | $430.0M | ||
| Q2 25 | $1.1B | $469.0M | ||
| Q1 25 | $737.8M | $157.0M | ||
| Q4 24 | $746.1M | $310.0M | ||
| Q3 24 | $604.4M | $-117.0M | ||
| Q2 24 | $524.8M | $104.0M | ||
| Q1 24 | $548.7M | $209.0M |
毛利率APHGLW
| Q4 25 | 38.2% | 35.5% | ||
| Q3 25 | 38.1% | 37.1% | ||
| Q2 25 | 36.3% | 36.0% | ||
| Q1 25 | 34.2% | 35.2% | ||
| Q4 24 | 34.3% | 34.2% | ||
| Q3 24 | 33.6% | 33.5% | ||
| Q2 24 | 33.6% | 29.2% | ||
| Q1 24 | 33.4% | 33.4% |
营业利润率APHGLW
| Q4 25 | 26.8% | 15.9% | ||
| Q3 25 | 27.5% | 14.4% | ||
| Q2 25 | 25.1% | 14.8% | ||
| Q1 25 | 21.3% | 12.9% | ||
| Q4 24 | 22.1% | 11.2% | ||
| Q3 24 | 20.3% | 8.9% | ||
| Q2 24 | 19.4% | 5.7% | ||
| Q1 24 | 21.0% | 8.5% |
净利率APHGLW
| Q4 25 | 18.6% | 12.8% | ||
| Q3 25 | 20.1% | 10.5% | ||
| Q2 25 | 19.3% | 12.1% | ||
| Q1 25 | 15.3% | 4.5% | ||
| Q4 24 | 17.3% | 8.9% | ||
| Q3 24 | 15.0% | -3.5% | ||
| Q2 24 | 14.5% | 3.2% | ||
| Q1 24 | 16.9% | 7.0% |
每股收益（稀释后）APHGLW
| Q4 25 | $0.93 | $0.61 | ||
| Q3 25 | $0.97 | $0.50 | ||
| Q2 25 | $0.86 | $0.54 | ||
| Q1 25 | $0.58 | $0.18 | ||
| Q4 24 | $0.16 | $0.36 | ||
| Q3 24 | $0.48 | $-0.14 | ||
| Q2 24 | $0.41 | $0.12 | ||
| Q1 24 | $0.87 | $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 | $11.4B | $1.5B |
| 总债务越低越好 | $14.6B | $7.6B |
| 股东权益账面价值 | $13.4B | $11.8B |
| 总资产 | $36.2B | $31.0B |
| 负债/权益比越低杠杆越低 | 1.09× | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资APHGLW
| Q4 25 | $11.4B | $1.5B | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $3.3B | $1.8B | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $2.0B | — |
总债务APHGLW
| Q4 25 | $14.6B | $7.6B | ||
| Q3 25 | $7.1B | $7.4B | ||
| Q2 25 | $7.1B | $6.7B | ||
| Q1 25 | $6.8B | $7.0B | ||
| Q4 24 | $6.5B | $6.9B | ||
| Q3 24 | $5.1B | $7.1B | ||
| Q2 24 | $5.0B | $6.9B | ||
| Q1 24 | $3.6B | $7.0B |
股东权益APHGLW
| Q4 25 | $13.4B | $11.8B | ||
| Q3 25 | $12.5B | $11.5B | ||
| Q2 25 | $11.5B | $11.1B | ||
| Q1 25 | $10.3B | $10.7B | ||
| Q4 24 | $9.8B | $10.7B | ||
| Q3 24 | $9.5B | $11.1B | ||
| Q2 24 | $9.0B | $10.6B | ||
| Q1 24 | $8.7B | $11.2B |
总资产APHGLW
| Q4 25 | $36.2B | $31.0B | ||
| Q3 25 | $27.1B | $29.9B | ||
| Q2 25 | $25.7B | $28.7B | ||
| Q1 25 | $22.9B | $27.4B | ||
| Q4 24 | $21.4B | $27.7B | ||
| Q3 24 | $19.6B | $28.3B | ||
| Q2 24 | $18.6B | $27.2B | ||
| Q1 24 | $16.7B | $27.6B |
负债/权益比APHGLW
| Q4 25 | 1.09× | 0.65× | ||
| Q3 25 | 0.57× | 0.64× | ||
| Q2 25 | 0.62× | 0.60× | ||
| Q1 25 | 0.66× | 0.65× | ||
| Q4 24 | 0.66× | 0.64× | ||
| Q3 24 | 0.54× | 0.64× | ||
| Q2 24 | 0.56× | 0.65× | ||
| Q1 24 | 0.41× | 0.63× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $620.0M |
| 自由现金流率自由现金流/营收 | 22.8% | 14.7% |
| 资本支出强度资本支出/营收 | 3.9% | 10.2% |
| 现金转化率经营现金流/净利润 | 1.44× | 1.95× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $1.4B |
8季度趋势，按日历期对齐
经营现金流APHGLW
| Q4 25 | $1.7B | $1.1B | ||
| Q3 25 | $1.5B | $784.0M | ||
| Q2 25 | $1.4B | $708.0M | ||
| Q1 25 | $764.9M | $151.0M | ||
| Q4 24 | $847.1M | $623.0M | ||
| Q3 24 | $704.0M | $699.0M | ||
| Q2 24 | $664.1M | $521.0M | ||
| Q1 24 | $599.5M | $96.0M |
自由现金流APHGLW
| Q4 25 | $1.5B | $620.0M | ||
| Q3 25 | $1.2B | $450.0M | ||
| Q2 25 | $1.1B | $400.0M | ||
| Q1 25 | $576.3M | $-57.0M | ||
| Q4 24 | $647.3M | $369.0M | ||
| Q3 24 | $474.0M | $482.0M | ||
| Q2 24 | $522.8M | $279.0M | ||
| Q1 24 | $505.2M | $-156.0M |
自由现金流率APHGLW
| Q4 25 | 22.8% | 14.7% | ||
| Q3 25 | 19.6% | 11.0% | ||
| Q2 25 | 19.8% | 10.4% | ||
| Q1 25 | 12.0% | -1.7% | ||
| Q4 24 | 15.0% | 10.5% | ||
| Q3 24 | 11.7% | 14.2% | ||
| Q2 24 | 14.5% | 8.6% | ||
| Q1 24 | 15.5% | -5.2% |
资本支出强度APHGLW
| Q4 25 | 3.9% | 10.2% | ||
| Q3 25 | 4.2% | 8.1% | ||
| Q2 25 | 5.3% | 8.0% | ||
| Q1 25 | 3.9% | 6.0% | ||
| Q4 24 | 4.6% | 7.3% | ||
| Q3 24 | 5.7% | 6.4% | ||
| Q2 24 | 3.9% | 7.4% | ||
| Q1 24 | 2.9% | 8.5% |
现金转化率APHGLW
| Q4 25 | 1.44× | 1.95× | ||
| Q3 25 | 1.18× | 1.82× | ||
| Q2 25 | 1.30× | 1.51× | ||
| Q1 25 | 1.04× | 0.96× | ||
| Q4 24 | 1.14× | 2.01× | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.27× | 5.01× | ||
| Q1 24 | 1.09× | 0.46× |
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% |
GLW
暂无分部数据
