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安费诺（APH）与IAC Inc.（IAC）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IAC Inc.的10.0倍（$6.4B vs $646.0M）。安费诺净利率更高（18.6% vs -11.9%，领先30.5%）。安费诺同比增速更快（49.1% vs -10.5%）。安费诺自由现金流更多（$1.5B vs $31.4M）。过去两年安费诺的营收复合增速更高（40.6% vs 1.7%）
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。
IAC Inc.是一家美国控股企业，业务覆盖媒体与互联网领域，在全球拥有多个知名品牌。公司前身是1996年成立的HSN Inc.，当时作为家庭购物频道Home Shopping Network和USA电视台的控股主体运营，1999年更名为USA Networks Inc.，2002年将旗下电视业务资产出售给威望迪集团。
APH vs IAC — 直观对比
营收规模更大
APH
是对方的10.0倍
$646.0M
营收增速更快
APH
高出59.6%
-10.5%
净利率更高
APH
高出30.5%
-11.9%
自由现金流更多
APH
多$1.4B
$31.4M
两年增速更快
APH
近两年复合增速
1.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $646.0M |
| 净利润 | $1.2B | $-76.8M |
| 毛利率 | 38.2% | 69.8% |
| 营业利润率 | 26.8% | -17.5% |
| 净利率 | 18.6% | -11.9% |
| 营收同比 | 49.1% | -10.5% |
| 净利润同比 | 60.2% | 61.4% |
| 每股收益（稀释后） | $0.93 | $-0.96 |
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APHIAC
| Q4 25 | $6.4B | $646.0M | ||
| Q3 25 | $6.2B | $589.8M | ||
| Q2 25 | $5.7B | $586.9M | ||
| Q1 25 | $4.8B | $570.5M | ||
| Q4 24 | $4.3B | $721.4M | ||
| Q3 24 | $4.0B | $642.0M | ||
| Q2 24 | $3.6B | $634.4M | ||
| Q1 24 | $3.3B | $624.3M |
净利润APHIAC
| Q4 25 | $1.2B | $-76.8M | ||
| Q3 25 | $1.2B | $-21.9M | ||
| Q2 25 | $1.1B | $211.5M | ||
| Q1 25 | $737.8M | $-216.8M | ||
| Q4 24 | $746.1M | $-199.0M | ||
| Q3 24 | $604.4M | $-243.7M | ||
| Q2 24 | $524.8M | $-142.2M | ||
| Q1 24 | $548.7M | $45.0M |
毛利率APHIAC
| Q4 25 | 38.2% | 69.8% | ||
| Q3 25 | 38.1% | 64.8% | ||
| Q2 25 | 36.3% | 65.6% | ||
| Q1 25 | 34.2% | 64.0% | ||
| Q4 24 | 34.3% | 65.8% | ||
| Q3 24 | 33.6% | 62.1% | ||
| Q2 24 | 33.6% | 60.1% | ||
| Q1 24 | 33.4% | 58.4% |
营业利润率APHIAC
| Q4 25 | 26.8% | -17.5% | ||
| Q3 25 | 27.5% | -3.5% | ||
| Q2 25 | 25.1% | 0.1% | ||
| Q1 25 | 21.3% | 6.3% | ||
| Q4 24 | 22.1% | 6.7% | ||
| Q3 24 | 20.3% | 1.3% | ||
| Q2 24 | 19.4% | -3.4% | ||
| Q1 24 | 21.0% | -10.2% |
净利率APHIAC
| Q4 25 | 18.6% | -11.9% | ||
| Q3 25 | 20.1% | -3.7% | ||
| Q2 25 | 19.3% | 36.0% | ||
| Q1 25 | 15.3% | -38.0% | ||
| Q4 24 | 17.3% | -27.6% | ||
| Q3 24 | 15.0% | -38.0% | ||
| Q2 24 | 14.5% | -22.4% | ||
| Q1 24 | 16.9% | 7.2% |
每股收益（稀释后）APHIAC
| Q4 25 | $0.93 | $-0.96 | ||
| Q3 25 | $0.97 | $-0.27 | ||
| Q2 25 | $0.86 | $2.57 | ||
| Q1 25 | $0.58 | $-2.64 | ||
| Q4 24 | $0.16 | $-2.36 | ||
| Q3 24 | $0.48 | $-2.93 | ||
| Q2 24 | $0.41 | $-1.71 | ||
| Q1 24 | $0.87 | $0.51 |
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 | $960.2M |
| 总债务越低越好 | $14.6B | $1.4B |
| 股东权益账面价值 | $13.4B | $4.7B |
| 总资产 | $36.2B | $7.1B |
| 负债/权益比越低杠杆越低 | 1.09× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资APHIAC
| Q4 25 | $11.4B | $960.2M | ||
| Q3 25 | $3.9B | $1.0B | ||
| Q2 25 | $3.2B | $1.1B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $3.3B | $1.4B | ||
| Q3 24 | $1.6B | $1.3B | ||
| Q2 24 | $1.3B | $1.3B | ||
| Q1 24 | $2.0B | $1.3B |
总债务APHIAC
| Q4 25 | $14.6B | $1.4B | ||
| Q3 25 | $7.1B | $1.4B | ||
| Q2 25 | $7.1B | $1.4B | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $3.6B | — |
股东权益APHIAC
| Q4 25 | $13.4B | $4.7B | ||
| Q3 25 | $12.5B | $4.8B | ||
| Q2 25 | $11.5B | $4.9B | ||
| Q1 25 | $10.3B | $4.7B | ||
| Q4 24 | $9.8B | $5.6B | ||
| Q3 24 | $9.5B | $5.8B | ||
| Q2 24 | $9.0B | $6.0B | ||
| Q1 24 | $8.7B | $6.1B |
总资产APHIAC
| Q4 25 | $36.2B | $7.1B | ||
| Q3 25 | $27.1B | $7.2B | ||
| Q2 25 | $25.7B | $7.4B | ||
| Q1 25 | $22.9B | $7.2B | ||
| Q4 24 | $21.4B | $9.7B | ||
| Q3 24 | $19.6B | $9.8B | ||
| Q2 24 | $18.6B | $10.2B | ||
| Q1 24 | $16.7B | $10.4B |
负债/权益比APHIAC
| Q4 25 | 1.09× | 0.30× | ||
| Q3 25 | 0.57× | 0.30× | ||
| Q2 25 | 0.62× | 0.30× | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.66× | — | ||
| 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 | $36.6M |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $31.4M |
| 自由现金流率自由现金流/营收 | 22.8% | 4.9% |
| 资本支出强度资本支出/营收 | 3.9% | 0.8% |
| 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 | $44.8M |
8季度趋势，按日历期对齐
经营现金流APHIAC
| Q4 25 | $1.7B | $36.6M | ||
| Q3 25 | $1.5B | $30.1M | ||
| Q2 25 | $1.4B | $-2.8M | ||
| Q1 25 | $764.9M | $63.0K | ||
| Q4 24 | $847.1M | $110.1M | ||
| Q3 24 | $704.0M | $95.3M | ||
| Q2 24 | $664.1M | $85.0M | ||
| Q1 24 | $599.5M | $64.1M |
自由现金流APHIAC
| Q4 25 | $1.5B | $31.4M | ||
| Q3 25 | $1.2B | $25.3M | ||
| Q2 25 | $1.1B | $-7.2M | ||
| Q1 25 | $576.3M | $-4.6M | ||
| Q4 24 | $647.3M | $104.8M | ||
| Q3 24 | $474.0M | $92.0M | ||
| Q2 24 | $522.8M | $81.6M | ||
| Q1 24 | $505.2M | $61.1M |
自由现金流率APHIAC
| Q4 25 | 22.8% | 4.9% | ||
| Q3 25 | 19.6% | 4.3% | ||
| Q2 25 | 19.8% | -1.2% | ||
| Q1 25 | 12.0% | -0.8% | ||
| Q4 24 | 15.0% | 14.5% | ||
| Q3 24 | 11.7% | 14.3% | ||
| Q2 24 | 14.5% | 12.9% | ||
| Q1 24 | 15.5% | 9.8% |
资本支出强度APHIAC
| Q4 25 | 3.9% | 0.8% | ||
| Q3 25 | 4.2% | 0.8% | ||
| Q2 25 | 5.3% | 0.8% | ||
| Q1 25 | 3.9% | 0.8% | ||
| Q4 24 | 4.6% | 0.7% | ||
| Q3 24 | 5.7% | 0.5% | ||
| Q2 24 | 3.9% | 0.5% | ||
| Q1 24 | 2.9% | 0.5% |
现金转化率APHIAC
| Q4 25 | 1.44× | — | ||
| Q3 25 | 1.18× | — | ||
| Q2 25 | 1.30× | -0.01× | ||
| Q1 25 | 1.04× | — | ||
| Q4 24 | 1.14× | — | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.27× | — | ||
| Q1 24 | 1.09× | 1.42× |
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% |
IAC
| $168.5M | 26% | |
| Performance Marketing | $101.2M | 16% |
| Care.com | $85.7M | 13% |
| Subscription | $69.5M | 11% |
| Licensing And Other | $43.8M | 7% |
| Consumer Revenue | $43.2M | 7% |
| Advertising | $35.9M | 6% |
| Project And Other Print | $33.6M | 5% |
| Advertising Google | $28.9M | 4% |
| Newsstand | $22.4M | 3% |
| Emerging Other | $19.6M | 3% |
