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安费诺（APH）与皇家加勒比集团（RCL）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皇家加勒比集团的1.7倍（$7.6B vs $4.5B），皇家加勒比集团净利率更高（21.3% vs 12.4%，领先9.0%），安费诺同比增速更快（58.4% vs 11.3%），过去两年安费诺的营收复合增速更高（45.3% vs 4.1%）
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。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
APH vs RCL — 直观对比
营收规模更大
APH
是对方的1.7倍
$4.5B
营收增速更快
APH
高出47.1%
11.3%
净利率更高
RCL
高出9.0%
12.4%
两年增速更快
APH
近两年复合增速
4.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.6B | $4.5B |
| 净利润 | $943.3M | $950.0M |
| 毛利率 | 36.7% | — |
| 营业利润率 | 24.0% | 26.1% |
| 净利率 | 12.4% | 21.3% |
| 营收同比 | 58.4% | 11.3% |
| 净利润同比 | 26.8% | 29.1% |
| 每股收益（稀释后） | $0.72 | $3.48 |
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APHRCL
| Q1 26 | $7.6B | $4.5B | ||
| Q4 25 | $6.4B | $4.3B | ||
| Q3 25 | $6.2B | $5.1B | ||
| Q2 25 | $5.7B | $4.5B | ||
| Q1 25 | $4.8B | $4.0B | ||
| Q4 24 | $4.3B | $3.8B | ||
| Q3 24 | $4.0B | $4.9B | ||
| Q2 24 | $3.6B | $4.1B |
净利润APHRCL
| Q1 26 | $943.3M | $950.0M | ||
| Q4 25 | $1.2B | $753.0M | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $737.8M | $730.0M | ||
| Q4 24 | $746.1M | $552.0M | ||
| Q3 24 | $604.4M | $1.1B | ||
| Q2 24 | $524.8M | $854.0M |
毛利率APHRCL
| Q1 26 | 36.7% | — | ||
| Q4 25 | 38.2% | 47.4% | ||
| Q3 25 | 38.1% | 51.8% | ||
| Q2 25 | 36.3% | 49.7% | ||
| Q1 25 | 34.2% | 48.0% | ||
| Q4 24 | 34.3% | 45.4% | ||
| Q3 24 | 33.6% | 51.1% | ||
| Q2 24 | 33.6% | 47.6% |
营业利润率APHRCL
| Q1 26 | 24.0% | 26.1% | ||
| Q4 25 | 26.8% | 21.9% | ||
| Q3 25 | 27.5% | 33.1% | ||
| Q2 25 | 25.1% | 29.3% | ||
| Q1 25 | 21.3% | 23.6% | ||
| Q4 24 | 22.1% | 16.6% | ||
| Q3 24 | 20.3% | 33.4% | ||
| Q2 24 | 19.4% | 26.7% |
净利率APHRCL
| Q1 26 | 12.4% | 21.3% | ||
| Q4 25 | 18.6% | 17.7% | ||
| Q3 25 | 20.1% | 30.6% | ||
| Q2 25 | 19.3% | 26.7% | ||
| Q1 25 | 15.3% | 18.3% | ||
| Q4 24 | 17.3% | 14.7% | ||
| Q3 24 | 15.0% | 22.7% | ||
| Q2 24 | 14.5% | 20.8% |
每股收益（稀释后）APHRCL
| Q1 26 | $0.72 | $3.48 | ||
| Q4 25 | $0.93 | $2.76 | ||
| Q3 25 | $0.97 | $5.74 | ||
| Q2 25 | $0.86 | $4.41 | ||
| Q1 25 | $0.58 | $2.70 | ||
| Q4 24 | $0.16 | $2.27 | ||
| Q3 24 | $0.48 | $4.21 | ||
| Q2 24 | $0.41 | $3.11 |
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 | $512.0M |
| 总债务越低越好 | $18.7B | $21.1B |
| 股东权益账面价值 | $14.1B | $10.0B |
| 总资产 | $42.1B | $42.0B |
| 负债/权益比越低杠杆越低 | 1.33× | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资APHRCL
| Q1 26 | $4.6B | $512.0M | ||
| Q4 25 | $11.4B | $825.0M | ||
| Q3 25 | $3.9B | $432.0M | ||
| Q2 25 | $3.2B | $735.0M | ||
| Q1 25 | $1.7B | $386.0M | ||
| Q4 24 | $3.3B | $388.0M | ||
| Q3 24 | $1.6B | $418.0M | ||
| Q2 24 | $1.3B | $391.0M |
总债务APHRCL
| Q1 26 | $18.7B | $21.1B | ||
| Q4 25 | $14.6B | $18.2B | ||
| Q3 25 | $7.1B | $17.2B | ||
| Q2 25 | $7.1B | $17.6B | ||
| Q1 25 | $6.8B | $18.0B | ||
| Q4 24 | $6.5B | $18.5B | ||
| Q3 24 | $5.1B | $19.0B | ||
| Q2 24 | $5.0B | $19.8B |
股东权益APHRCL
| Q1 26 | $14.1B | $10.0B | ||
| Q4 25 | $13.4B | $10.0B | ||
| Q3 25 | $12.5B | $10.1B | ||
| Q2 25 | $11.5B | $9.2B | ||
| Q1 25 | $10.3B | $8.0B | ||
| Q4 24 | $9.8B | $7.6B | ||
| Q3 24 | $9.5B | $7.0B | ||
| Q2 24 | $9.0B | $6.0B |
总资产APHRCL
| Q1 26 | $42.1B | $42.0B | ||
| Q4 25 | $36.2B | $41.6B | ||
| Q3 25 | $27.1B | $40.1B | ||
| Q2 25 | $25.7B | $38.5B | ||
| Q1 25 | $22.9B | $37.5B | ||
| Q4 24 | $21.4B | $37.1B | ||
| Q3 24 | $19.6B | $37.1B | ||
| Q2 24 | $18.6B | $37.0B |
负债/权益比APHRCL
| Q1 26 | 1.33× | 2.11× | ||
| Q4 25 | 1.09× | 1.81× | ||
| Q3 25 | 0.57× | 1.70× | ||
| Q2 25 | 0.62× | 1.92× | ||
| Q1 25 | 0.66× | 2.26× | ||
| Q4 24 | 0.66× | 2.44× | ||
| Q3 24 | 0.54× | 2.69× | ||
| Q2 24 | 0.56× | 3.29× |
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 | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $831.2M | — |
| 自由现金流率自由现金流/营收 | 10.9% | — |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 现金转化率经营现金流/净利润 | 1.19× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $4.6B | — |
8季度趋势，按日历期对齐
经营现金流APHRCL
| Q1 26 | $1.1B | $1.8B | ||
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $764.9M | $1.6B | ||
| Q4 24 | $847.1M | $1.5B | ||
| Q3 24 | $704.0M | $897.0M | ||
| Q2 24 | $664.1M | $1.6B |
自由现金流APHRCL
| Q1 26 | $831.2M | — | ||
| Q4 25 | $1.5B | $116.0M | ||
| Q3 25 | $1.2B | $-989.0M | ||
| Q2 25 | $1.1B | $910.0M | ||
| Q1 25 | $576.3M | $1.2B | ||
| Q4 24 | $647.3M | $915.0M | ||
| Q3 24 | $474.0M | $563.0M | ||
| Q2 24 | $522.8M | $-567.0M |
自由现金流率APHRCL
| Q1 26 | 10.9% | — | ||
| Q4 25 | 22.8% | 2.7% | ||
| Q3 25 | 19.6% | -19.2% | ||
| Q2 25 | 19.8% | 20.1% | ||
| Q1 25 | 12.0% | 30.0% | ||
| Q4 24 | 15.0% | 24.3% | ||
| Q3 24 | 11.7% | 11.5% | ||
| Q2 24 | 14.5% | -13.8% |
资本支出强度APHRCL
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 35.4% | ||
| Q3 25 | 4.2% | 47.8% | ||
| Q2 25 | 5.3% | 18.4% | ||
| Q1 25 | 3.9% | 10.7% | ||
| Q4 24 | 4.6% | 14.7% | ||
| Q3 24 | 5.7% | 6.8% | ||
| Q2 24 | 3.9% | 52.1% |
现金转化率APHRCL
| Q1 26 | 1.19× | 1.93× | ||
| Q4 25 | 1.44× | 2.16× | ||
| Q3 25 | 1.18× | 0.93× | ||
| Q2 25 | 1.30× | 1.44× | ||
| Q1 25 | 1.04× | 2.23× | ||
| Q4 24 | 1.14× | 2.66× | ||
| Q3 24 | 1.16× | 0.81× | ||
| Q2 24 | 1.27× | 1.84× |
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% |
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
