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安费诺（APH）与亨廷顿·英格尔斯工业（HII）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亨廷顿·英格尔斯工业的1.9倍（$6.4B vs $3.5B），安费诺净利率更高（18.6% vs 4.6%，领先14.0%），安费诺同比增速更快（49.1% vs 15.7%），安费诺自由现金流更多（$1.5B vs $516.0M），过去两年安费诺的营收复合增速更高（40.6% vs 11.3%）
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。
亨廷顿·英格尔斯工业（简称HII）是美国规模最大的军用造船企业，同时面向政府及行业合作伙伴提供专业服务。公司于2011年3月31日从诺斯罗普·格鲁曼公司分拆成立，在防务装备建造及配套服务领域拥有深厚技术积累与行业资源。
APH vs HII — 直观对比
营收规模更大
APH
是对方的1.9倍
$3.5B
营收增速更快
APH
高出33.4%
15.7%
净利率更高
APH
高出14.0%
4.6%
自由现金流更多
APH
多$952.5M
$516.0M
两年增速更快
APH
近两年复合增速
11.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $3.5B |
| 净利润 | $1.2B | $159.0M |
| 毛利率 | 38.2% | — |
| 营业利润率 | 26.8% | 4.9% |
| 净利率 | 18.6% | 4.6% |
| 营收同比 | 49.1% | 15.7% |
| 净利润同比 | 60.2% | 29.3% |
| 每股收益（稀释后） | $0.93 | $4.06 |
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APHHII
| Q4 25 | $6.4B | $3.5B | ||
| Q3 25 | $6.2B | $3.2B | ||
| Q2 25 | $5.7B | $3.1B | ||
| Q1 25 | $4.8B | $2.7B | ||
| Q4 24 | $4.3B | $3.0B | ||
| Q3 24 | $4.0B | $2.7B | ||
| Q2 24 | $3.6B | $3.0B | ||
| Q1 24 | $3.3B | $2.8B |
净利润APHHII
| Q4 25 | $1.2B | $159.0M | ||
| Q3 25 | $1.2B | $145.0M | ||
| Q2 25 | $1.1B | $152.0M | ||
| Q1 25 | $737.8M | $149.0M | ||
| Q4 24 | $746.1M | $123.0M | ||
| Q3 24 | $604.4M | $101.0M | ||
| Q2 24 | $524.8M | $173.0M | ||
| Q1 24 | $548.7M | $153.0M |
毛利率APHHII
| 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APHHII
| Q4 25 | 26.8% | 4.9% | ||
| Q3 25 | 27.5% | 5.0% | ||
| Q2 25 | 25.1% | 5.3% | ||
| Q1 25 | 21.3% | 5.9% | ||
| Q4 24 | 22.1% | 3.7% | ||
| Q3 24 | 20.3% | 3.0% | ||
| Q2 24 | 19.4% | 6.3% | ||
| Q1 24 | 21.0% | 5.5% |
净利率APHHII
| Q4 25 | 18.6% | 4.6% | ||
| Q3 25 | 20.1% | 4.5% | ||
| Q2 25 | 19.3% | 4.9% | ||
| Q1 25 | 15.3% | 5.4% | ||
| Q4 24 | 17.3% | 4.1% | ||
| Q3 24 | 15.0% | 3.7% | ||
| Q2 24 | 14.5% | 5.8% | ||
| Q1 24 | 16.9% | 5.5% |
每股收益（稀释后）APHHII
| Q4 25 | $0.93 | $4.06 | ||
| Q3 25 | $0.97 | $3.68 | ||
| Q2 25 | $0.86 | $3.86 | ||
| Q1 25 | $0.58 | $3.79 | ||
| Q4 24 | $0.16 | $3.15 | ||
| Q3 24 | $0.48 | $2.56 | ||
| Q2 24 | $0.41 | $4.38 | ||
| Q1 24 | $0.87 | $3.87 |
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 | — |
| 总债务越低越好 | $14.6B | $2.7B |
| 股东权益账面价值 | $13.4B | $5.1B |
| 总资产 | $36.2B | $12.7B |
| 负债/权益比越低杠杆越低 | 1.09× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资APHHII
| Q4 25 | $11.4B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $2.0B | $10.0M |
总债务APHHII
| Q4 25 | $14.6B | $2.7B | ||
| Q3 25 | $7.1B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.5B | $2.7B | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $3.6B | — |
股东权益APHHII
| Q4 25 | $13.4B | $5.1B | ||
| Q3 25 | $12.5B | $5.0B | ||
| Q2 25 | $11.5B | $4.9B | ||
| Q1 25 | $10.3B | $4.8B | ||
| Q4 24 | $9.8B | $4.7B | ||
| Q3 24 | $9.5B | $4.2B | ||
| Q2 24 | $9.0B | $4.2B | ||
| Q1 24 | $8.7B | $4.1B |
总资产APHHII
| Q4 25 | $36.2B | $12.7B | ||
| Q3 25 | $27.1B | $12.3B | ||
| Q2 25 | $25.7B | $12.1B | ||
| Q1 25 | $22.9B | $12.1B | ||
| Q4 24 | $21.4B | $12.1B | ||
| Q3 24 | $19.6B | $11.1B | ||
| Q2 24 | $18.6B | $11.3B | ||
| Q1 24 | $16.7B | $11.2B |
负债/权益比APHHII
| Q4 25 | 1.09× | 0.53× | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.66× | 0.58× | ||
| 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 | $650.0M |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $516.0M |
| 自由现金流率自由现金流/营收 | 22.8% | 14.8% |
| 资本支出强度资本支出/营收 | 3.9% | 3.9% |
| 现金转化率经营现金流/净利润 | 1.44× | 4.09× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $794.0M |
8季度趋势，按日历期对齐
经营现金流APHHII
| Q4 25 | $1.7B | $650.0M | ||
| Q3 25 | $1.5B | $118.0M | ||
| Q2 25 | $1.4B | $823.0M | ||
| Q1 25 | $764.9M | $-395.0M | ||
| Q4 24 | $847.1M | $391.0M | ||
| Q3 24 | $704.0M | $213.0M | ||
| Q2 24 | $664.1M | $-9.0M | ||
| Q1 24 | $599.5M | $-202.0M |
自由现金流APHHII
| Q4 25 | $1.5B | $516.0M | ||
| Q3 25 | $1.2B | $13.0M | ||
| Q2 25 | $1.1B | $727.0M | ||
| Q1 25 | $576.3M | $-462.0M | ||
| Q4 24 | $647.3M | $277.0M | ||
| Q3 24 | $474.0M | $125.0M | ||
| Q2 24 | $522.8M | $-99.0M | ||
| Q1 24 | $505.2M | $-277.0M |
自由现金流率APHHII
| Q4 25 | 22.8% | 14.8% | ||
| Q3 25 | 19.6% | 0.4% | ||
| Q2 25 | 19.8% | 23.6% | ||
| Q1 25 | 12.0% | -16.9% | ||
| Q4 24 | 15.0% | 9.2% | ||
| Q3 24 | 11.7% | 4.5% | ||
| Q2 24 | 14.5% | -3.3% | ||
| Q1 24 | 15.5% | -9.9% |
资本支出强度APHHII
| Q4 25 | 3.9% | 3.9% | ||
| Q3 25 | 4.2% | 3.3% | ||
| Q2 25 | 5.3% | 3.1% | ||
| Q1 25 | 3.9% | 2.5% | ||
| Q4 24 | 4.6% | 3.8% | ||
| Q3 24 | 5.7% | 3.2% | ||
| Q2 24 | 3.9% | 3.0% | ||
| Q1 24 | 2.9% | 2.7% |
现金转化率APHHII
| Q4 25 | 1.44× | 4.09× | ||
| Q3 25 | 1.18× | 0.81× | ||
| Q2 25 | 1.30× | 5.41× | ||
| Q1 25 | 1.04× | -2.65× | ||
| Q4 24 | 1.14× | 3.18× | ||
| Q3 24 | 1.16× | 2.11× | ||
| Q2 24 | 1.27× | -0.05× | ||
| Q1 24 | 1.09× | -1.32× |
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% |
HII
| Aircraftcarriers | $984.0M | 28% |
| Fixedpriceincentive | $758.0M | 22% |
| Submarines | $744.0M | 21% |
| Surfacecombatantsandcoastguardcutters | $452.0M | 13% |
| Amphibiousassaultships | $433.0M | 12% |
| Costtype | $123.0M | 4% |
| Otherprograms | $4.0M | 0% |
