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亚玛芬体育（AS）与MUELLER INDUSTRIES INC（MLI）财务数据对比。点击上方公司名可切换其他公司
亚玛芬体育的季度营收约是MUELLER INDUSTRIES INC的1.1倍（$1.1B vs $962.4M），MUELLER INDUSTRIES INC净利率更高（16.0% vs 1.8%，领先14.2%），MUELLER INDUSTRIES INC自由现金流更多（$121.4M vs $92.2M）
亚玛芬体育是芬兰跨国运动装备企业，总部位于赫尔辛基，成立于1950年。早年为涉足烟草贸易、航运、出版等领域的多元化工业集团，后逐步转型专注于体育用品的生产与营销，现有员工超9700人，2018年起成为中国安踏体育旗下子公司。
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
AS vs MLI — 直观对比
营收规模更大
AS
是对方的1.1倍
$962.4M
净利率更高
MLI
高出14.2%
1.8%
自由现金流更多
MLI
多$29.2M
$92.2M
损益表 — Q1 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $962.4M |
| 净利润 | $19.0M | $153.7M |
| 毛利率 | 52.8% | — |
| 营业利润率 | 12.4% | 17.9% |
| 净利率 | 1.8% | 16.0% |
| 营收同比 | — | 4.2% |
| 净利润同比 | — | 11.7% |
| 每股收益（稀释后） | $0.05 | $1.37 |
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ASMLI
| Q4 25 | — | $962.4M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $923.5M | ||
| Q3 24 | — | $997.8M | ||
| Q2 24 | — | $997.7M | ||
| Q1 24 | $1.1B | $849.7M |
净利润ASMLI
| Q4 25 | — | $153.7M | ||
| Q3 25 | — | $208.1M | ||
| Q2 25 | — | $245.9M | ||
| Q1 25 | — | $157.4M | ||
| Q4 24 | — | $137.7M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | — | $160.2M | ||
| Q1 24 | $19.0M | $138.4M |
毛利率ASMLI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 27.6% | ||
| Q2 24 | — | 27.3% | ||
| Q1 24 | 52.8% | 28.4% |
营业利润率ASMLI
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | 25.6% | ||
| Q2 25 | — | 26.7% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 18.4% | ||
| Q3 24 | — | 20.7% | ||
| Q2 24 | — | 21.0% | ||
| Q1 24 | 12.4% | 21.6% |
净利率ASMLI
| Q4 25 | — | 16.0% | ||
| Q3 25 | — | 19.3% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 15.7% | ||
| Q4 24 | — | 14.9% | ||
| Q3 24 | — | 16.9% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | 1.8% | 16.3% |
每股收益（稀释后）ASMLI
| Q4 25 | — | $1.37 | ||
| Q3 25 | — | $1.88 | ||
| Q2 25 | — | $2.22 | ||
| Q1 25 | — | $1.39 | ||
| Q4 24 | — | $1.21 | ||
| Q3 24 | — | $1.48 | ||
| Q2 24 | — | $1.41 | ||
| Q1 24 | $0.05 | $1.21 |
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 | — | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $3.2B |
| 总资产 | — | $3.7B |
| 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ASMLI
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $873.6M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $969.6M | ||
| Q2 24 | — | $825.7M | ||
| Q1 24 | — | $1.4B |
股东权益ASMLI
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.4B |
总资产ASMLI
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.5B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $2.9B |
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 | $114.3M | $141.2M |
| 自由现金流经营现金流 - 资本支出 | $92.2M | $121.4M |
| 自由现金流率自由现金流/营收 | 8.8% | 12.6% |
| 资本支出强度资本支出/营收 | 2.1% | 2.1% |
| 现金转化率经营现金流/净利润 | 6.02× | 0.92× |
| 过去12个月自由现金流最近4个季度 | — | $686.6M |
8季度趋势，按日历期对齐
经营现金流ASMLI
| Q4 25 | — | $141.2M | ||
| Q3 25 | — | $310.1M | ||
| Q2 25 | — | $190.6M | ||
| Q1 25 | — | $113.6M | ||
| Q4 24 | — | $140.1M | ||
| Q3 24 | — | $231.4M | ||
| Q2 24 | — | $100.8M | ||
| Q1 24 | $114.3M | $173.6M |
自由现金流ASMLI
| Q4 25 | — | $121.4M | ||
| Q3 25 | — | $291.8M | ||
| Q2 25 | — | $176.5M | ||
| Q1 25 | — | $97.0M | ||
| Q4 24 | — | $111.2M | ||
| Q3 24 | — | $205.7M | ||
| Q2 24 | — | $91.6M | ||
| Q1 24 | $92.2M | $157.2M |
自由现金流率ASMLI
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 27.1% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 9.7% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | 8.8% | 18.5% |
资本支出强度ASMLI
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | 2.1% | 1.9% |
现金转化率ASMLI
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 0.78× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.37× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | 6.02× | 1.25× |
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
AS
| Americas2 | $409.6M | 39% |
| EMEA1 | $356.9M | 34% |
| Greater China3 | $205.6M | 20% |
| Asia Pacific4 | $78.2M | 7% |
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
