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艾睿电子（ARW）与安富利（AVT）财务数据对比。点击上方公司名可切换其他公司
艾睿电子的季度营收约是安富利的1.4倍（$8.7B vs $6.3B）。艾睿电子净利率更高（2.2% vs 1.0%，领先1.2%）。艾睿电子同比增速更快（20.1% vs 11.6%）。安富利自由现金流更多（$192.9M vs $172.6M）。过去两年艾睿电子的营收复合增速更高（12.4% vs 5.7%）
艾睿电子是总部位于美国科罗拉多州森特纳尼尔的企业，为全球客户提供电子元器件与企业计算产品，面向原始设备制造商、增值经销商、合同制造商等商业客户提供分销及增值服务，位列美国财富500强第154位。
安富利是全球知名的电子元器件分销商，总部位于美国亚利桑那州凤凰城，由查尔斯·安富利于1921年创立，最初起步于曼哈顿无线电街。1955年公司正式注册成立，1961年在纽约证券交易所上市，2018年5月8日转至纳斯达克挂牌交易，股票代码仍为AVT。
ARW vs AVT — 直观对比
营收规模更大
ARW
是对方的1.4倍
$6.3B
营收增速更快
ARW
高出8.5%
11.6%
净利率更高
ARW
高出1.2%
1.0%
自由现金流更多
AVT
多$20.3M
$172.6M
两年增速更快
ARW
近两年复合增速
5.7%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $8.7B | $6.3B |
| 净利润 | $194.6M | $61.7M |
| 毛利率 | 11.5% | 10.5% |
| 营业利润率 | 3.4% | 2.3% |
| 净利率 | 2.2% | 1.0% |
| 营收同比 | 20.1% | 11.6% |
| 净利润同比 | 96.2% | -29.2% |
| 每股收益（稀释后） | $3.74 | $0.75 |
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ARWAVT
| Q4 25 | $8.7B | $6.3B | ||
| Q3 25 | $7.7B | $5.9B | ||
| Q2 25 | $7.6B | $5.6B | ||
| Q1 25 | $6.8B | $5.3B | ||
| Q4 24 | $7.3B | $5.7B | ||
| Q3 24 | $6.8B | $5.6B | ||
| Q2 24 | $6.9B | $5.6B | ||
| Q1 24 | $6.9B | $5.7B |
净利润ARWAVT
| Q4 25 | $194.6M | $61.7M | ||
| Q3 25 | $109.2M | $51.7M | ||
| Q2 25 | $187.7M | $6.1M | ||
| Q1 25 | $79.7M | $87.9M | ||
| Q4 24 | $99.2M | $87.3M | ||
| Q3 24 | $100.6M | $59.0M | ||
| Q2 24 | $108.7M | $82.7M | ||
| Q1 24 | $83.6M | $88.8M |
毛利率ARWAVT
| Q4 25 | 11.5% | 10.5% | ||
| Q3 25 | 10.8% | 10.4% | ||
| Q2 25 | 11.2% | 10.6% | ||
| Q1 25 | 11.4% | 11.1% | ||
| Q4 24 | 11.0% | 10.5% | ||
| Q3 24 | 11.5% | 10.8% | ||
| Q2 24 | 12.3% | 11.6% | ||
| Q1 24 | 12.4% | 11.8% |
营业利润率ARWAVT
| Q4 25 | 3.4% | 2.3% | ||
| Q3 25 | 2.3% | 2.4% | ||
| Q2 25 | 2.5% | 1.3% | ||
| Q1 25 | 2.3% | 2.7% | ||
| Q4 24 | 2.7% | 2.7% | ||
| Q3 24 | 2.6% | 2.5% | ||
| Q2 24 | 3.1% | 3.0% | ||
| Q1 24 | 2.7% | 3.4% |
净利率ARWAVT
| Q4 25 | 2.2% | 1.0% | ||
| Q3 25 | 1.4% | 0.9% | ||
| Q2 25 | 2.5% | 0.1% | ||
| Q1 25 | 1.2% | 1.7% | ||
| Q4 24 | 1.4% | 1.5% | ||
| Q3 24 | 1.5% | 1.1% | ||
| Q2 24 | 1.6% | 1.5% | ||
| Q1 24 | 1.2% | 1.6% |
每股收益（稀释后）ARWAVT
| Q4 25 | $3.74 | $0.75 | ||
| Q3 25 | $2.09 | $0.61 | ||
| Q2 25 | $3.59 | $0.09 | ||
| Q1 25 | $1.51 | $1.01 | ||
| Q4 24 | $1.87 | $0.99 | ||
| Q3 24 | $1.88 | $0.66 | ||
| Q2 24 | $2.01 | $0.93 | ||
| Q1 24 | $1.53 | $0.97 |
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 | $306.5M | $286.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.6B | $4.9B |
| 总资产 | $29.1B | $13.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ARWAVT
| Q4 25 | $306.5M | $286.5M | ||
| Q3 25 | $213.6M | $175.5M | ||
| Q2 25 | $222.0M | $192.4M | ||
| Q1 25 | $231.9M | $188.9M | ||
| Q4 24 | $188.8M | $172.1M | ||
| Q3 24 | $248.0M | $267.5M | ||
| Q2 24 | $213.0M | $310.9M | ||
| Q1 24 | $242.8M | $218.5M |
股东权益ARWAVT
| Q4 25 | $6.6B | $4.9B | ||
| Q3 25 | $6.4B | $4.8B | ||
| Q2 25 | $6.3B | $5.0B | ||
| Q1 25 | $5.9B | $4.9B | ||
| Q4 24 | $5.8B | $4.8B | ||
| Q3 24 | $6.0B | $5.0B | ||
| Q2 24 | $5.7B | $4.9B | ||
| Q1 24 | $5.7B | $5.0B |
总资产ARWAVT
| Q4 25 | $29.1B | $13.2B | ||
| Q3 25 | $24.5B | $12.4B | ||
| Q2 25 | $24.3B | $12.1B | ||
| Q1 25 | $21.4B | $11.7B | ||
| Q4 24 | $21.8B | $11.9B | ||
| Q3 24 | $20.9B | $12.6B | ||
| Q2 24 | $20.1B | $12.2B | ||
| Q1 24 | $20.3B | $12.3B |
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 | $199.9M | $208.2M |
| 自由现金流经营现金流 - 资本支出 | $172.6M | $192.9M |
| 自由现金流率自由现金流/营收 | 2.0% | 3.1% |
| 资本支出强度资本支出/营收 | 0.3% | 0.2% |
| 现金转化率经营现金流/净利润 | 1.03× | 3.37× |
| 过去12个月自由现金流最近4个季度 | $-37.2M | $217.7M |
8季度趋势，按日历期对齐
经营现金流ARWAVT
| Q4 25 | $199.9M | $208.2M | ||
| Q3 25 | $-281.7M | $-144.6M | ||
| Q2 25 | $-205.9M | $139.5M | ||
| Q1 25 | $351.7M | $140.9M | ||
| Q4 24 | $326.5M | $337.8M | ||
| Q3 24 | $80.6M | $106.3M | ||
| Q2 24 | $320.2M | $274.3M | ||
| Q1 24 | $403.2M | $499.3M |
自由现金流ARWAVT
| Q4 25 | $172.6M | $192.9M | ||
| Q3 25 | $-312.0M | $-169.2M | ||
| Q2 25 | $-224.5M | $79.9M | ||
| Q1 25 | $326.7M | $114.1M | ||
| Q4 24 | $303.9M | $308.5M | ||
| Q3 24 | $62.0M | $74.5M | ||
| Q2 24 | $298.1M | $248.0M | ||
| Q1 24 | $373.7M | $457.2M |
自由现金流率ARWAVT
| Q4 25 | 2.0% | 3.1% | ||
| Q3 25 | -4.0% | -2.9% | ||
| Q2 25 | -3.0% | 1.4% | ||
| Q1 25 | 4.8% | 2.1% | ||
| Q4 24 | 4.2% | 5.4% | ||
| Q3 24 | 0.9% | 1.3% | ||
| Q2 24 | 4.3% | 4.5% | ||
| Q1 24 | 5.4% | 8.1% |
资本支出强度ARWAVT
| Q4 25 | 0.3% | 0.2% | ||
| Q3 25 | 0.4% | 0.4% | ||
| Q2 25 | 0.2% | 1.1% | ||
| Q1 25 | 0.4% | 0.5% | ||
| Q4 24 | 0.3% | 0.5% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.3% | 0.5% | ||
| Q1 24 | 0.4% | 0.7% |
现金转化率ARWAVT
| Q4 25 | 1.03× | 3.37× | ||
| Q3 25 | -2.58× | -2.79× | ||
| Q2 25 | -1.10× | 22.91× | ||
| Q1 25 | 4.41× | 1.60× | ||
| Q4 24 | 3.29× | 3.87× | ||
| Q3 24 | 0.80× | 1.80× | ||
| Q2 24 | 2.95× | 3.32× | ||
| Q1 24 | 4.82× | 5.62× |
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
ARW
暂无分部数据
AVT
| Electronic Components | $5.9B | 93% |
| Premier Farnell | $427.1M | 7% |
