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安费诺（APH）与道富集团（STT）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道富集团的2.1倍（$7.6B vs $3.7B），道富集团净利率更高（20.4% vs 12.4%，领先8.0%），安费诺同比增速更快（58.4% vs 7.5%），过去两年安费诺的营收复合增速更高（45.3% vs 8.1%）
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。
道富集团是总部位于美国波士顿的跨国金融服务及银行控股公司，历史可追溯至1792年成立的联合银行，是美国运营历史第二悠久的存续银行。作为全球顶尖的资产管理与托管机构，截至2025年第三季度，其管理资产规模约5.4万亿美元，托管及管理资产总规模达51.7万亿美元。
APH vs STT — 直观对比
营收规模更大
APH
是对方的2.1倍
$3.7B
营收增速更快
APH
高出50.9%
7.5%
净利率更高
STT
高出8.0%
12.4%
两年增速更快
APH
近两年复合增速
8.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.6B | $3.7B |
| 净利润 | $943.3M | $747.0M |
| 毛利率 | 36.7% | — |
| 营业利润率 | 24.0% | 25.0% |
| 净利率 | 12.4% | 20.4% |
| 营收同比 | 58.4% | 7.5% |
| 净利润同比 | 26.8% | -4.6% |
| 每股收益（稀释后） | $0.72 | $2.41 |
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APHSTT
| Q1 26 | $7.6B | — | ||
| Q4 25 | $6.4B | $3.7B | ||
| Q3 25 | $6.2B | $3.5B | ||
| Q2 25 | $5.7B | $3.4B | ||
| Q1 25 | $4.8B | $3.3B | ||
| Q4 24 | $4.3B | $3.4B | ||
| Q3 24 | $4.0B | $3.3B | ||
| Q2 24 | $3.6B | $3.2B |
净利润APHSTT
| Q1 26 | $943.3M | — | ||
| Q4 25 | $1.2B | $747.0M | ||
| Q3 25 | $1.2B | $861.0M | ||
| Q2 25 | $1.1B | $693.0M | ||
| Q1 25 | $737.8M | $644.0M | ||
| Q4 24 | $746.1M | $783.0M | ||
| Q3 24 | $604.4M | $730.0M | ||
| Q2 24 | $524.8M | $711.0M |
毛利率APHSTT
| Q1 26 | 36.7% | — | ||
| 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% | — |
营业利润率APHSTT
| Q1 26 | 24.0% | — | ||
| Q4 25 | 26.8% | 25.0% | ||
| Q3 25 | 27.5% | 31.1% | ||
| Q2 25 | 25.1% | 25.8% | ||
| Q1 25 | 21.3% | 25.0% | ||
| Q4 24 | 22.1% | 28.1% | ||
| Q3 24 | 20.3% | 28.4% | ||
| Q2 24 | 19.4% | 28.6% |
净利率APHSTT
| Q1 26 | 12.4% | — | ||
| Q4 25 | 18.6% | 20.4% | ||
| Q3 25 | 20.1% | 24.3% | ||
| Q2 25 | 19.3% | 20.1% | ||
| Q1 25 | 15.3% | 19.6% | ||
| Q4 24 | 17.3% | 22.9% | ||
| Q3 24 | 15.0% | 22.4% | ||
| Q2 24 | 14.5% | 22.3% |
每股收益（稀释后）APHSTT
| Q1 26 | $0.72 | — | ||
| Q4 25 | $0.93 | $2.41 | ||
| Q3 25 | $0.97 | $2.78 | ||
| Q2 25 | $0.86 | $2.17 | ||
| Q1 25 | $0.58 | $2.04 | ||
| Q4 24 | $0.16 | $2.43 | ||
| Q3 24 | $0.48 | $2.26 | ||
| Q2 24 | $0.41 | $2.15 |
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 | — |
| 总债务越低越好 | $18.7B | — |
| 股东权益账面价值 | $14.1B | $27.8B |
| 总资产 | $42.1B | $366.0B |
| 负债/权益比越低杠杆越低 | 1.33× | — |
8季度趋势，按日历期对齐
现金及短期投资APHSTT
| Q1 26 | $4.6B | — | ||
| 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 | — |
总债务APHSTT
| Q1 26 | $18.7B | — | ||
| Q4 25 | $14.6B | — | ||
| Q3 25 | $7.1B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.0B | — |
股东权益APHSTT
| Q1 26 | $14.1B | — | ||
| Q4 25 | $13.4B | $27.8B | ||
| Q3 25 | $12.5B | $27.6B | ||
| Q2 25 | $11.5B | $27.3B | ||
| Q1 25 | $10.3B | $26.7B | ||
| Q4 24 | $9.8B | $25.3B | ||
| Q3 24 | $9.5B | $25.8B | ||
| Q2 24 | $9.0B | $24.8B |
总资产APHSTT
| Q1 26 | $42.1B | — | ||
| Q4 25 | $36.2B | $366.0B | ||
| Q3 25 | $27.1B | $371.1B | ||
| Q2 25 | $25.7B | $376.7B | ||
| Q1 25 | $22.9B | $372.7B | ||
| Q4 24 | $21.4B | $353.2B | ||
| Q3 24 | $19.6B | $338.5B | ||
| Q2 24 | $18.6B | $325.6B |
负债/权益比APHSTT
| Q1 26 | 1.33× | — | ||
| Q4 25 | 1.09× | — | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.56× | — |
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 | $10.0B |
| 自由现金流经营现金流 - 资本支出 | — | $9.8B |
| 自由现金流率自由现金流/营收 | — | 266.6% |
| 资本支出强度资本支出/营收 | 3.8% | 7.3% |
| 现金转化率经营现金流/净利润 | 1.19× | 13.44× |
| 过去12个月自由现金流最近4个季度 | — | $10.8B |
8季度趋势，按日历期对齐
经营现金流APHSTT
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $10.0B | ||
| Q3 25 | $1.5B | $7.9B | ||
| Q2 25 | $1.4B | $-8.4B | ||
| Q1 25 | $764.9M | $2.4B | ||
| Q4 24 | $847.1M | $-7.4B | ||
| Q3 24 | $704.0M | $2.7B | ||
| Q2 24 | $664.1M | $-7.6B |
自由现金流APHSTT
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $9.8B | ||
| Q3 25 | $1.2B | $7.7B | ||
| Q2 25 | $1.1B | $-8.8B | ||
| Q1 25 | $576.3M | $2.2B | ||
| Q4 24 | $647.3M | $-7.7B | ||
| Q3 24 | $474.0M | $2.5B | ||
| Q2 24 | $522.8M | $-7.9B |
自由现金流率APHSTT
| Q1 26 | — | — | ||
| Q4 25 | 22.8% | 266.6% | ||
| Q3 25 | 19.6% | 216.0% | ||
| Q2 25 | 19.8% | -254.1% | ||
| Q1 25 | 12.0% | 66.1% | ||
| Q4 24 | 15.0% | -225.1% | ||
| Q3 24 | 11.7% | 75.9% | ||
| Q2 24 | 14.5% | -246.2% |
资本支出强度APHSTT
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 7.3% | ||
| Q3 25 | 4.2% | 6.9% | ||
| Q2 25 | 5.3% | 9.3% | ||
| Q1 25 | 3.9% | 6.9% | ||
| Q4 24 | 4.6% | 7.3% | ||
| Q3 24 | 5.7% | 7.2% | ||
| Q2 24 | 3.9% | 6.7% |
现金转化率APHSTT
| Q1 26 | 1.19× | — | ||
| Q4 25 | 1.44× | 13.44× | ||
| Q3 25 | 1.18× | 9.18× | ||
| Q2 25 | 1.30× | -12.18× | ||
| Q1 25 | 1.04× | 3.72× | ||
| Q4 24 | 1.14× | -9.49× | ||
| Q3 24 | 1.16× | 3.71× | ||
| Q2 24 | 1.27× | -10.75× |
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% |
STT
| Other | $2.2B | 59% |
| Investment Management | $729.0M | 20% |
| Management Services | $662.0M | 18% |
| Other Fee Revenue | $56.0M | 2% |
| Securities Financing Services | $54.0M | 1% |
