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安费诺（APH）与史丹利百得（SWK）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史丹利百得的1.7倍（$6.4B vs $3.8B），安费诺净利率更高（18.6% vs 1.4%，领先17.2%），安费诺同比增速更快（49.1% vs 0.1%），安费诺自由现金流更多（$1.5B vs $155.3M），过去两年安费诺的营收复合增速更高（40.6% vs 0.3%）
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。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
APH vs SWK — 直观对比
营收规模更大
APH
是对方的1.7倍
$3.8B
营收增速更快
APH
高出49.0%
0.1%
净利率更高
APH
高出17.2%
1.4%
自由现金流更多
APH
多$1.3B
$155.3M
两年增速更快
APH
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $3.8B |
| 净利润 | $1.2B | $51.4M |
| 毛利率 | 38.2% | 31.4% |
| 营业利润率 | 26.8% | — |
| 净利率 | 18.6% | 1.4% |
| 营收同比 | 49.1% | 0.1% |
| 净利润同比 | 60.2% | -43.6% |
| 每股收益（稀释后） | $0.93 | $0.34 |
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APHSWK
| Q4 25 | $6.4B | — | ||
| Q3 25 | $6.2B | $3.8B | ||
| Q2 25 | $5.7B | $3.9B | ||
| Q1 25 | $4.8B | $3.7B | ||
| Q4 24 | $4.3B | $3.7B | ||
| Q3 24 | $4.0B | $3.8B | ||
| Q2 24 | $3.6B | $4.0B | ||
| Q1 24 | $3.3B | $3.9B |
净利润APHSWK
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $51.4M | ||
| Q2 25 | $1.1B | $101.9M | ||
| Q1 25 | $737.8M | $90.4M | ||
| Q4 24 | $746.1M | $194.9M | ||
| Q3 24 | $604.4M | $91.1M | ||
| Q2 24 | $524.8M | $-11.2M | ||
| Q1 24 | $548.7M | $19.5M |
毛利率APHSWK
| Q4 25 | 38.2% | — | ||
| Q3 25 | 38.1% | 31.4% | ||
| Q2 25 | 36.3% | 27.0% | ||
| Q1 25 | 34.2% | 29.9% | ||
| Q4 24 | 34.3% | 30.8% | ||
| Q3 24 | 33.6% | 29.9% | ||
| Q2 24 | 33.6% | 28.4% | ||
| Q1 24 | 33.4% | 28.6% |
营业利润率APHSWK
| Q4 25 | 26.8% | — | ||
| Q3 25 | 27.5% | — | ||
| Q2 25 | 25.1% | — | ||
| Q1 25 | 21.3% | — | ||
| Q4 24 | 22.1% | 3.4% | ||
| Q3 24 | 20.3% | 10.6% | ||
| Q2 24 | 19.4% | 9.5% | ||
| Q1 24 | 21.0% | 8.3% |
净利率APHSWK
| Q4 25 | 18.6% | — | ||
| Q3 25 | 20.1% | 1.4% | ||
| Q2 25 | 19.3% | 2.6% | ||
| Q1 25 | 15.3% | 2.4% | ||
| Q4 24 | 17.3% | 5.2% | ||
| Q3 24 | 15.0% | 2.4% | ||
| Q2 24 | 14.5% | -0.3% | ||
| Q1 24 | 16.9% | 0.5% |
每股收益（稀释后）APHSWK
| Q4 25 | $0.93 | — | ||
| Q3 25 | $0.97 | $0.34 | ||
| Q2 25 | $0.86 | $0.67 | ||
| Q1 25 | $0.58 | $0.60 | ||
| Q4 24 | $0.16 | $1.29 | ||
| Q3 24 | $0.48 | $0.60 | ||
| Q2 24 | $0.41 | $-0.07 | ||
| Q1 24 | $0.87 | $0.13 |
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 | $268.3M |
| 总债务越低越好 | $14.6B | $5.3B |
| 股东权益账面价值 | $13.4B | $9.0B |
| 总资产 | $36.2B | $21.8B |
| 负债/权益比越低杠杆越低 | 1.09× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资APHSWK
| Q4 25 | $11.4B | — | ||
| Q3 25 | $3.9B | $268.3M | ||
| Q2 25 | $3.2B | $311.8M | ||
| Q1 25 | $1.7B | $344.8M | ||
| Q4 24 | $3.3B | $290.5M | ||
| Q3 24 | $1.6B | $298.7M | ||
| Q2 24 | $1.3B | $318.5M | ||
| Q1 24 | $2.0B | $476.6M |
总债务APHSWK
| Q4 25 | $14.6B | — | ||
| Q3 25 | $7.1B | $5.3B | ||
| Q2 25 | $7.1B | $5.6B | ||
| Q1 25 | $6.8B | $5.6B | ||
| Q4 24 | $6.5B | $6.1B | ||
| Q3 24 | $5.1B | $6.1B | ||
| Q2 24 | $5.0B | $6.1B | ||
| Q1 24 | $3.6B | $6.1B |
股东权益APHSWK
| Q4 25 | $13.4B | — | ||
| Q3 25 | $12.5B | $9.0B | ||
| Q2 25 | $11.5B | $9.1B | ||
| Q1 25 | $10.3B | $8.8B | ||
| Q4 24 | $9.8B | $8.7B | ||
| Q3 24 | $9.5B | $8.9B | ||
| Q2 24 | $9.0B | $8.7B | ||
| Q1 24 | $8.7B | $8.9B |
总资产APHSWK
| Q4 25 | $36.2B | — | ||
| Q3 25 | $27.1B | $21.8B | ||
| Q2 25 | $25.7B | $22.5B | ||
| Q1 25 | $22.9B | $22.5B | ||
| Q4 24 | $21.4B | $21.8B | ||
| Q3 24 | $19.6B | $22.5B | ||
| Q2 24 | $18.6B | $22.5B | ||
| Q1 24 | $16.7B | $23.9B |
负债/权益比APHSWK
| Q4 25 | 1.09× | — | ||
| Q3 25 | 0.57× | 0.59× | ||
| Q2 25 | 0.62× | 0.62× | ||
| Q1 25 | 0.66× | 0.63× | ||
| Q4 24 | 0.66× | 0.70× | ||
| Q3 24 | 0.54× | 0.69× | ||
| Q2 24 | 0.56× | 0.70× | ||
| Q1 24 | 0.41× | 0.69× |
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 | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $1.5B | $155.3M |
| 自由现金流率自由现金流/营收 | 22.8% | 4.1% |
| 资本支出强度资本支出/营收 | 3.9% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.44× | 4.30× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $369.6M |
8季度趋势，按日历期对齐
经营现金流APHSWK
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.5B | $221.2M | ||
| Q2 25 | $1.4B | $214.3M | ||
| Q1 25 | $764.9M | $-420.0M | ||
| Q4 24 | $847.1M | $679.1M | ||
| Q3 24 | $704.0M | $285.8M | ||
| Q2 24 | $664.1M | $573.0M | ||
| Q1 24 | $599.5M | $-431.0M |
自由现金流APHSWK
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.2B | $155.3M | ||
| Q2 25 | $1.1B | $134.7M | ||
| Q1 25 | $576.3M | $-485.0M | ||
| Q4 24 | $647.3M | $564.6M | ||
| Q3 24 | $474.0M | $199.3M | ||
| Q2 24 | $522.8M | $485.8M | ||
| Q1 24 | $505.2M | $-496.7M |
自由现金流率APHSWK
| Q4 25 | 22.8% | — | ||
| Q3 25 | 19.6% | 4.1% | ||
| Q2 25 | 19.8% | 3.4% | ||
| Q1 25 | 12.0% | -13.0% | ||
| Q4 24 | 15.0% | 15.2% | ||
| Q3 24 | 11.7% | 5.3% | ||
| Q2 24 | 14.5% | 12.1% | ||
| Q1 24 | 15.5% | -12.8% |
资本支出强度APHSWK
| Q4 25 | 3.9% | — | ||
| Q3 25 | 4.2% | 1.8% | ||
| Q2 25 | 5.3% | 2.0% | ||
| Q1 25 | 3.9% | 1.7% | ||
| Q4 24 | 4.6% | 3.1% | ||
| Q3 24 | 5.7% | 2.3% | ||
| Q2 24 | 3.9% | 2.2% | ||
| Q1 24 | 2.9% | 1.7% |
现金转化率APHSWK
| Q4 25 | 1.44× | — | ||
| Q3 25 | 1.18× | 4.30× | ||
| Q2 25 | 1.30× | 2.10× | ||
| Q1 25 | 1.04× | -4.65× | ||
| Q4 24 | 1.14× | 3.48× | ||
| Q3 24 | 1.16× | 3.14× | ||
| Q2 24 | 1.27× | — | ||
| Q1 24 | 1.09× | -22.10× |
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% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
