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安费诺（APH）与林德（LIN）财务数据对比。点击上方公司名可切换其他公司
林德的季度营收约是安费诺的1.4倍（$8.8B vs $6.4B），安费诺净利率更高（18.6% vs 17.5%，领先1.1%），安费诺同比增速更快（49.1% vs 5.8%），林德自由现金流更多（$1.6B 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。
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
APH vs LIN — 直观对比
营收规模更大
LIN
是对方的1.4倍
$6.4B
营收增速更快
APH
高出43.3%
5.8%
净利率更高
APH
高出1.1%
17.5%
自由现金流更多
LIN
多$103.5M
$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 | $8.8B |
| 净利润 | $1.2B | $1.5B |
| 毛利率 | 38.2% | — |
| 营业利润率 | 26.8% | 23.0% |
| 净利率 | 18.6% | 17.5% |
| 营收同比 | 49.1% | 5.8% |
| 净利润同比 | 60.2% | -11.3% |
| 每股收益（稀释后） | $0.93 | $3.28 |
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APHLIN
| Q4 25 | $6.4B | $8.8B | ||
| Q3 25 | $6.2B | $8.6B | ||
| Q2 25 | $5.7B | $8.5B | ||
| Q1 25 | $4.8B | $8.1B | ||
| Q4 24 | $4.3B | $8.3B | ||
| Q3 24 | $4.0B | $8.4B | ||
| Q2 24 | $3.6B | $8.3B | ||
| Q1 24 | $3.3B | $8.1B |
净利润APHLIN
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $737.8M | $1.7B | ||
| Q4 24 | $746.1M | $1.7B | ||
| Q3 24 | $604.4M | $1.6B | ||
| Q2 24 | $524.8M | $1.7B | ||
| Q1 24 | $548.7M | $1.6B |
毛利率APHLIN
| 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APHLIN
| Q4 25 | 26.8% | 23.0% | ||
| Q3 25 | 27.5% | 27.5% | ||
| Q2 25 | 25.1% | 27.7% | ||
| Q1 25 | 21.3% | 26.9% | ||
| Q4 24 | 22.1% | 27.4% | ||
| Q3 24 | 20.3% | 25.0% | ||
| Q2 24 | 19.4% | 26.4% | ||
| Q1 24 | 21.0% | 25.9% |
净利率APHLIN
| Q4 25 | 18.6% | 17.5% | ||
| Q3 25 | 20.1% | 22.4% | ||
| Q2 25 | 19.3% | 20.8% | ||
| Q1 25 | 15.3% | 20.6% | ||
| Q4 24 | 17.3% | 20.8% | ||
| Q3 24 | 15.0% | 18.5% | ||
| Q2 24 | 14.5% | 20.1% | ||
| Q1 24 | 16.9% | 20.1% |
每股收益（稀释后）APHLIN
| Q4 25 | $0.93 | $3.28 | ||
| Q3 25 | $0.97 | $4.09 | ||
| Q2 25 | $0.86 | $3.73 | ||
| Q1 25 | $0.58 | $3.51 | ||
| Q4 24 | $0.16 | $3.61 | ||
| Q3 24 | $0.48 | $3.22 | ||
| Q2 24 | $0.41 | $3.44 | ||
| Q1 24 | $0.87 | $3.35 |
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 | $5.1B |
| 总债务越低越好 | $14.6B | $20.7B |
| 股东权益账面价值 | $13.4B | $38.2B |
| 总资产 | $36.2B | $86.8B |
| 负债/权益比越低杠杆越低 | 1.09× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资APHLIN
| Q4 25 | $11.4B | $5.1B | ||
| Q3 25 | $3.9B | $4.5B | ||
| Q2 25 | $3.2B | $4.8B | ||
| Q1 25 | $1.7B | $5.3B | ||
| Q4 24 | $3.3B | $4.8B | ||
| Q3 24 | $1.6B | $5.2B | ||
| Q2 24 | $1.3B | $4.6B | ||
| Q1 24 | $2.0B | $4.8B |
总债务APHLIN
| Q4 25 | $14.6B | $20.7B | ||
| Q3 25 | $7.1B | $18.6B | ||
| Q2 25 | $7.1B | $19.7B | ||
| Q1 25 | $6.8B | $17.6B | ||
| Q4 24 | $6.5B | $15.3B | ||
| Q3 24 | $5.1B | $17.5B | ||
| Q2 24 | $5.0B | $16.9B | ||
| Q1 24 | $3.6B | $15.2B |
股东权益APHLIN
| Q4 25 | $13.4B | $38.2B | ||
| Q3 25 | $12.5B | $38.6B | ||
| Q2 25 | $11.5B | $38.5B | ||
| Q1 25 | $10.3B | $38.0B | ||
| Q4 24 | $9.8B | $38.1B | ||
| Q3 24 | $9.5B | $39.2B | ||
| Q2 24 | $9.0B | $38.2B | ||
| Q1 24 | $8.7B | $38.8B |
总资产APHLIN
| Q4 25 | $36.2B | $86.8B | ||
| Q3 25 | $27.1B | $86.0B | ||
| Q2 25 | $25.7B | $86.1B | ||
| Q1 25 | $22.9B | $82.7B | ||
| Q4 24 | $21.4B | $80.1B | ||
| Q3 24 | $19.6B | $82.5B | ||
| Q2 24 | $18.6B | $80.2B | ||
| Q1 24 | $16.7B | $80.3B |
负债/权益比APHLIN
| Q4 25 | 1.09× | 0.54× | ||
| Q3 25 | 0.57× | 0.48× | ||
| Q2 25 | 0.62× | 0.51× | ||
| Q1 25 | 0.66× | 0.46× | ||
| Q4 24 | 0.66× | 0.40× | ||
| Q3 24 | 0.54× | 0.45× | ||
| Q2 24 | 0.56× | 0.44× | ||
| Q1 24 | 0.41× | 0.39× |
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 | $3.0B |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $1.6B |
| 自由现金流率自由现金流/营收 | 22.8% | 17.9% |
| 资本支出强度资本支出/营收 | 3.9% | 16.6% |
| 现金转化率经营现金流/净利润 | 1.44× | 1.98× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $5.1B |
8季度趋势，按日历期对齐
经营现金流APHLIN
| Q4 25 | $1.7B | $3.0B | ||
| Q3 25 | $1.5B | $2.9B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $764.9M | $2.2B | ||
| Q4 24 | $847.1M | $2.8B | ||
| Q3 24 | $704.0M | $2.7B | ||
| Q2 24 | $664.1M | $1.9B | ||
| Q1 24 | $599.5M | $2.0B |
自由现金流APHLIN
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.1B | $954.0M | ||
| Q1 25 | $576.3M | $891.0M | ||
| Q4 24 | $647.3M | $1.6B | ||
| Q3 24 | $474.0M | $1.7B | ||
| Q2 24 | $522.8M | $796.0M | ||
| Q1 24 | $505.2M | $906.0M |
自由现金流率APHLIN
| Q4 25 | 22.8% | 17.9% | ||
| Q3 25 | 19.6% | 19.4% | ||
| Q2 25 | 19.8% | 11.2% | ||
| Q1 25 | 12.0% | 11.0% | ||
| Q4 24 | 15.0% | 18.8% | ||
| Q3 24 | 11.7% | 19.9% | ||
| Q2 24 | 14.5% | 9.6% | ||
| Q1 24 | 15.5% | 11.2% |
资本支出强度APHLIN
| Q4 25 | 3.9% | 16.6% | ||
| Q3 25 | 4.2% | 14.8% | ||
| Q2 25 | 5.3% | 14.8% | ||
| Q1 25 | 3.9% | 15.7% | ||
| Q4 24 | 4.6% | 15.1% | ||
| Q3 24 | 5.7% | 12.8% | ||
| Q2 24 | 3.9% | 13.7% | ||
| Q1 24 | 2.9% | 12.9% |
现金转化率APHLIN
| Q4 25 | 1.44× | 1.98× | ||
| Q3 25 | 1.18× | 1.53× | ||
| Q2 25 | 1.30× | 1.25× | ||
| Q1 25 | 1.04× | 1.29× | ||
| Q4 24 | 1.14× | 1.63× | ||
| Q3 24 | 1.16× | 1.76× | ||
| Q2 24 | 1.27× | 1.16× | ||
| Q1 24 | 1.09× | 1.20× |
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% |
LIN
| Other | $4.9B | 56% |
| Packaged Gas | $1.6B | 19% |
| Merchant | $1.2B | 14% |
| On Site | $950.0M | 11% |
| Other Distribution Methods | $64.0M | 1% |
