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Alphatec Holdings, Inc.（ATEC）与KRONOS WORLDWIDE INC（KRO）财务数据对比。点击上方公司名可切换其他公司
KRONOS WORLDWIDE INC的季度营收约是Alphatec Holdings, Inc.的2.0倍（$418.3M vs $212.9M），Alphatec Holdings, Inc.净利率更高（-10.2% vs -19.8%，领先9.6%），Alphatec Holdings, Inc.同比增速更快（20.4% vs -1.1%），KRONOS WORLDWIDE INC自由现金流更多（$81.9M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs -6.5%）
Alphatec Holdings是一家全球医疗科技企业，专注于研发、生产及销售脊柱外科手术相关的植入物、手术器械与数字化手术平台，服务骨科及神经外科医疗从业者，核心市场覆盖北美、欧洲及亚太主要区域。
克罗诺斯全球（原克罗诺斯公司）是一家美国跨国企业，总部位于美国马萨诸塞州洛厄尔，专注于提供劳动力管理与人力资本管理云服务，在全球拥有超过6000名员工，是该领域知名的服务提供商。
ATEC vs KRO — 直观对比
营收规模更大
KRO
是对方的2.0倍
$212.9M
营收增速更快
ATEC
高出21.6%
-1.1%
净利率更高
ATEC
高出9.6%
-19.8%
自由现金流更多
KRO
多$74.2M
$7.7M
两年增速更快
ATEC
近两年复合增速
-6.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $418.3M |
| 净利润 | $-21.7M | $-82.8M |
| 毛利率 | 70.2% | -0.9% |
| 营业利润率 | -4.1% | -15.1% |
| 净利率 | -10.2% | -19.8% |
| 营收同比 | 20.4% | -1.1% |
| 净利润同比 | 34.8% | -527.3% |
| 每股收益（稀释后） | $-0.15 | $-0.72 |
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ATECKRO
| Q4 25 | $212.9M | $418.3M | ||
| Q3 25 | $196.5M | $456.9M | ||
| Q2 25 | $185.5M | $494.4M | ||
| Q1 25 | $169.2M | $489.8M | ||
| Q4 24 | $176.8M | $423.1M | ||
| Q3 24 | $150.7M | $484.7M | ||
| Q2 24 | $145.6M | $500.5M | ||
| Q1 24 | $138.5M | $478.8M |
净利润ATECKRO
| Q4 25 | $-21.7M | $-82.8M | ||
| Q3 25 | $-28.6M | $-37.0M | ||
| Q2 25 | $-41.1M | $-9.2M | ||
| Q1 25 | $-51.9M | $18.1M | ||
| Q4 24 | $-33.3M | $-13.2M | ||
| Q3 24 | $-39.6M | $71.8M | ||
| Q2 24 | $-40.7M | $19.5M | ||
| Q1 24 | $-48.5M | $8.1M |
毛利率ATECKRO
| Q4 25 | 70.2% | -0.9% | ||
| Q3 25 | 69.9% | 10.3% | ||
| Q2 25 | 69.6% | 12.7% | ||
| Q1 25 | 68.6% | 21.8% | ||
| Q4 24 | 68.8% | 20.4% | ||
| Q3 24 | 68.2% | 20.9% | ||
| Q2 24 | 70.5% | 20.0% | ||
| Q1 24 | 70.3% | 14.9% |
营业利润率ATECKRO
| Q4 25 | -4.1% | -15.1% | ||
| Q3 25 | -8.1% | -4.2% | ||
| Q2 25 | -7.1% | 1.5% | ||
| Q1 25 | -26.2% | 7.8% | ||
| Q4 24 | -13.5% | 6.8% | ||
| Q3 24 | -22.4% | 8.0% | ||
| Q2 24 | -24.3% | 7.2% | ||
| Q1 24 | -31.3% | 4.1% |
净利率ATECKRO
| Q4 25 | -10.2% | -19.8% | ||
| Q3 25 | -14.5% | -8.1% | ||
| Q2 25 | -22.2% | -1.9% | ||
| Q1 25 | -30.7% | 3.7% | ||
| Q4 24 | -18.9% | -3.1% | ||
| Q3 24 | -26.3% | 14.8% | ||
| Q2 24 | -27.9% | 3.9% | ||
| Q1 24 | -35.0% | 1.7% |
每股收益（稀释后）ATECKRO
| Q4 25 | $-0.15 | $-0.72 | ||
| Q3 25 | $-0.19 | $-0.32 | ||
| Q2 25 | $-0.27 | $-0.08 | ||
| Q1 25 | $-0.35 | $0.16 | ||
| Q4 24 | $-0.22 | $-0.11 | ||
| Q3 24 | $-0.28 | $0.62 | ||
| Q2 24 | $-0.29 | $0.17 | ||
| Q1 24 | $-0.34 | $0.07 |
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 | $160.8M | $33.2M |
| 总债务越低越好 | $565.9M | $557.4M |
| 股东权益账面价值 | $12.4M | $751.1M |
| 总资产 | $791.2M | $1.8B |
| 负债/权益比越低杠杆越低 | 45.54× | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资ATECKRO
| Q4 25 | $160.8M | $33.2M | ||
| Q3 25 | $155.7M | $27.7M | ||
| Q2 25 | $157.1M | $18.9M | ||
| Q1 25 | $153.2M | $20.5M | ||
| Q4 24 | $138.8M | $106.7M | ||
| Q3 24 | $81.0M | $94.8M | ||
| Q2 24 | $99.8M | $133.8M | ||
| Q1 24 | $144.1M | $120.7M |
总债务ATECKRO
| Q4 25 | $565.9M | $557.4M | ||
| Q3 25 | $559.7M | $626.2M | ||
| Q2 25 | $553.9M | $589.3M | ||
| Q1 25 | $548.4M | $557.2M | ||
| Q4 24 | $576.2M | $507.4M | ||
| Q3 24 | $527.7M | $554.3M | ||
| Q2 24 | $519.2M | $423.7M | ||
| Q1 24 | $514.4M | $426.9M |
股东权益ATECKRO
| Q4 25 | $12.4M | $751.1M | ||
| Q3 25 | $11.5M | $804.7M | ||
| Q2 25 | $23.8M | $846.8M | ||
| Q1 25 | $-85.9M | $847.0M | ||
| Q4 24 | $-14.2M | $817.0M | ||
| Q3 24 | $-1.4M | $847.4M | ||
| Q2 24 | $17.1M | $774.6M | ||
| Q1 24 | $37.6M | $774.4M |
总资产ATECKRO
| Q4 25 | $791.2M | $1.8B | ||
| Q3 25 | $787.2M | $1.9B | ||
| Q2 25 | $790.3M | $1.9B | ||
| Q1 25 | $785.5M | $1.9B | ||
| Q4 24 | $775.7M | $1.9B | ||
| Q3 24 | $745.9M | $1.9B | ||
| Q2 24 | $768.6M | $1.7B | ||
| Q1 24 | $774.6M | $1.7B |
负债/权益比ATECKRO
| Q4 25 | 45.54× | 0.74× | ||
| Q3 25 | 48.64× | 0.78× | ||
| Q2 25 | 23.30× | 0.70× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | 30.34× | 0.55× | ||
| Q1 24 | 13.70× | 0.55× |
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 | $20.7M | $92.1M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $81.9M |
| 自由现金流率自由现金流/营收 | 3.6% | 19.6% |
| 资本支出强度资本支出/营收 | 6.1% | 2.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $2.8M | $-40.4M |
8季度趋势，按日历期对齐
经营现金流ATECKRO
| Q4 25 | $20.7M | $92.1M | ||
| Q3 25 | $14.0M | $-7.9M | ||
| Q2 25 | $15.5M | $20.7M | ||
| Q1 25 | $-5.0M | $-102.4M | ||
| Q4 24 | $10.5M | $49.3M | ||
| Q3 24 | $-5.3M | $28.3M | ||
| Q2 24 | $-11.4M | $38.2M | ||
| Q1 24 | $-38.4M | $-43.3M |
自由现金流ATECKRO
| Q4 25 | $7.7M | $81.9M | ||
| Q3 25 | $4.8M | $-17.4M | ||
| Q2 25 | $5.2M | $9.5M | ||
| Q1 25 | $-15.0M | $-114.4M | ||
| Q4 24 | $8.5M | $37.0M | ||
| Q3 24 | $-21.2M | $19.2M | ||
| Q2 24 | $-45.5M | $34.8M | ||
| Q1 24 | $-69.8M | $-48.0M |
自由现金流率ATECKRO
| Q4 25 | 3.6% | 19.6% | ||
| Q3 25 | 2.4% | -3.8% | ||
| Q2 25 | 2.8% | 1.9% | ||
| Q1 25 | -8.9% | -23.4% | ||
| Q4 24 | 4.8% | 8.7% | ||
| Q3 24 | -14.1% | 4.0% | ||
| Q2 24 | -31.3% | 7.0% | ||
| Q1 24 | -50.4% | -10.0% |
资本支出强度ATECKRO
| Q4 25 | 6.1% | 2.4% | ||
| Q3 25 | 4.7% | 2.1% | ||
| Q2 25 | 5.6% | 2.3% | ||
| Q1 25 | 5.9% | 2.4% | ||
| Q4 24 | 1.1% | 2.9% | ||
| Q3 24 | 10.5% | 1.9% | ||
| Q2 24 | 23.4% | 0.7% | ||
| Q1 24 | 22.6% | 1.0% |
现金转化率ATECKRO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -5.66× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 1.96× | ||
| Q1 24 | — | -5.35× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
