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Alphatec Holdings, Inc.（ATEC）与MONRO, INC.（MNRO）财务数据对比。点击上方公司名可切换其他公司
MONRO, INC.的季度营收约是Alphatec Holdings, Inc.的1.4倍（$293.4M vs $212.9M），MONRO, INC.净利率更高（3.8% vs -10.2%，领先14.0%），Alphatec Holdings, Inc.同比增速更快（20.4% vs -4.0%），MONRO, INC.自由现金流更多（$9.1M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs -2.7%）
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。
蒙罗公司（Monro, Inc.）是一家汽车服务企业，创始并总部设在美国纽约州罗切斯特。截至2025年，蒙罗共拥有1260家门店，按门店数量与营收计算，是北美仅次于Driven Brands的第二大汽车服务企业。
ATEC vs MNRO — 直观对比
营收规模更大
MNRO
是对方的1.4倍
$212.9M
营收增速更快
ATEC
高出24.5%
-4.0%
净利率更高
MNRO
高出14.0%
-10.2%
自由现金流更多
MNRO
多$1.4M
$7.7M
两年增速更快
ATEC
近两年复合增速
-2.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $293.4M |
| 净利润 | $-21.7M | $11.1M |
| 毛利率 | 70.2% | 34.9% |
| 营业利润率 | -4.1% | 6.3% |
| 净利率 | -10.2% | 3.8% |
| 营收同比 | 20.4% | -4.0% |
| 净利润同比 | 34.8% | 143.1% |
| 每股收益（稀释后） | $-0.15 | $0.35 |
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ATECMNRO
| Q4 25 | $212.9M | $293.4M | ||
| Q3 25 | $196.5M | $288.9M | ||
| Q2 25 | $185.5M | $301.0M | ||
| Q1 25 | $169.2M | $295.0M | ||
| Q4 24 | $176.8M | $305.8M | ||
| Q3 24 | $150.7M | $301.4M | ||
| Q2 24 | $145.6M | $293.2M | ||
| Q1 24 | $138.5M | $310.1M |
净利润ATECMNRO
| Q4 25 | $-21.7M | $11.1M | ||
| Q3 25 | $-28.6M | $5.7M | ||
| Q2 25 | $-41.1M | $-8.1M | ||
| Q1 25 | $-51.9M | $-21.3M | ||
| Q4 24 | $-33.3M | $4.6M | ||
| Q3 24 | $-39.6M | $5.6M | ||
| Q2 24 | $-40.7M | $5.9M | ||
| Q1 24 | $-48.5M | $3.7M |
毛利率ATECMNRO
| Q4 25 | 70.2% | 34.9% | ||
| Q3 25 | 69.9% | 35.7% | ||
| Q2 25 | 69.6% | 35.5% | ||
| Q1 25 | 68.6% | 33.0% | ||
| Q4 24 | 68.8% | 34.3% | ||
| Q3 24 | 68.2% | 35.3% | ||
| Q2 24 | 70.5% | 37.2% | ||
| Q1 24 | 70.3% | 35.5% |
营业利润率ATECMNRO
| Q4 25 | -4.1% | 6.3% | ||
| Q3 25 | -8.1% | 4.4% | ||
| Q2 25 | -7.1% | -2.0% | ||
| Q1 25 | -26.2% | -8.1% | ||
| Q4 24 | -13.5% | 3.3% | ||
| Q3 24 | -22.4% | 4.4% | ||
| Q2 24 | -24.3% | 4.5% | ||
| Q1 24 | -31.3% | 3.3% |
净利率ATECMNRO
| Q4 25 | -10.2% | 3.8% | ||
| Q3 25 | -14.5% | 2.0% | ||
| Q2 25 | -22.2% | -2.7% | ||
| Q1 25 | -30.7% | -7.2% | ||
| Q4 24 | -18.9% | 1.5% | ||
| Q3 24 | -26.3% | 1.9% | ||
| Q2 24 | -27.9% | 2.0% | ||
| Q1 24 | -35.0% | 1.2% |
每股收益（稀释后）ATECMNRO
| Q4 25 | $-0.15 | $0.35 | ||
| Q3 25 | $-0.19 | $0.18 | ||
| Q2 25 | $-0.27 | $-0.28 | ||
| Q1 25 | $-0.35 | $-0.74 | ||
| Q4 24 | $-0.22 | $0.15 | ||
| Q3 24 | $-0.28 | $0.18 | ||
| Q2 24 | $-0.29 | $0.19 | ||
| Q1 24 | $-0.34 | $0.12 |
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 | $4.9M |
| 总债务越低越好 | $565.9M | $45.0M |
| 股东权益账面价值 | $12.4M | $604.9M |
| 总资产 | $791.2M | $1.6B |
| 负债/权益比越低杠杆越低 | 45.54× | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资ATECMNRO
| Q4 25 | $160.8M | $4.9M | ||
| Q3 25 | $155.7M | $10.5M | ||
| Q2 25 | $157.1M | $7.8M | ||
| Q1 25 | $153.2M | $20.8M | ||
| Q4 24 | $138.8M | $10.2M | ||
| Q3 24 | $81.0M | $20.9M | ||
| Q2 24 | $99.8M | $18.7M | ||
| Q1 24 | $144.1M | $6.6M |
总债务ATECMNRO
| Q4 25 | $565.9M | $45.0M | ||
| Q3 25 | $559.7M | $60.0M | ||
| Q2 25 | $553.9M | $71.5M | ||
| Q1 25 | $548.4M | $61.3M | ||
| Q4 24 | $576.2M | $59.3M | ||
| Q3 24 | $527.7M | $62.0M | ||
| Q2 24 | $519.2M | $112.0M | ||
| Q1 24 | $514.4M | $102.0M |
股东权益ATECMNRO
| Q4 25 | $12.4M | $604.9M | ||
| Q3 25 | $11.5M | $601.7M | ||
| Q2 25 | $23.8M | $604.9M | ||
| Q1 25 | $-85.9M | $620.8M | ||
| Q4 24 | $-14.2M | $648.9M | ||
| Q3 24 | $-1.4M | $651.9M | ||
| Q2 24 | $17.1M | $654.4M | ||
| Q1 24 | $37.6M | $656.8M |
总资产ATECMNRO
| Q4 25 | $791.2M | $1.6B | ||
| Q3 25 | $787.2M | $1.6B | ||
| Q2 25 | $790.3M | $1.6B | ||
| Q1 25 | $785.5M | $1.6B | ||
| Q4 24 | $775.7M | $1.7B | ||
| Q3 24 | $745.9M | $1.7B | ||
| Q2 24 | $768.6M | $1.7B | ||
| Q1 24 | $774.6M | $1.7B |
负债/权益比ATECMNRO
| Q4 25 | 45.54× | 0.07× | ||
| Q3 25 | 48.64× | 0.10× | ||
| Q2 25 | 23.30× | 0.12× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.09× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | 30.34× | 0.17× | ||
| Q1 24 | 13.70× | 0.16× |
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 | $17.8M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $9.1M |
| 自由现金流率自由现金流/营收 | 3.6% | 3.1% |
| 资本支出强度资本支出/营收 | 6.1% | 3.0% |
| 现金转化率经营现金流/净利润 | — | 1.60× |
| 过去12个月自由现金流最近4个季度 | $2.8M | $49.6M |
8季度趋势，按日历期对齐
经营现金流ATECMNRO
| Q4 25 | $20.7M | $17.8M | ||
| Q3 25 | $14.0M | $32.3M | ||
| Q2 25 | $15.5M | $-1.9M | ||
| Q1 25 | $-5.0M | $28.9M | ||
| Q4 24 | $10.5M | $14.8M | ||
| Q3 24 | $-5.3M | $62.6M | ||
| Q2 24 | $-11.4M | $25.6M | ||
| Q1 24 | $-38.4M | $-5.3M |
自由现金流ATECMNRO
| Q4 25 | $7.7M | $9.1M | ||
| Q3 25 | $4.8M | $26.6M | ||
| Q2 25 | $5.2M | $-9.3M | ||
| Q1 25 | $-15.0M | $23.2M | ||
| Q4 24 | $8.5M | $7.9M | ||
| Q3 24 | $-21.2M | $57.6M | ||
| Q2 24 | $-45.5M | $16.8M | ||
| Q1 24 | $-69.8M | $-11.9M |
自由现金流率ATECMNRO
| Q4 25 | 3.6% | 3.1% | ||
| Q3 25 | 2.4% | 9.2% | ||
| Q2 25 | 2.8% | -3.1% | ||
| Q1 25 | -8.9% | 7.9% | ||
| Q4 24 | 4.8% | 2.6% | ||
| Q3 24 | -14.1% | 19.1% | ||
| Q2 24 | -31.3% | 5.7% | ||
| Q1 24 | -50.4% | -3.8% |
资本支出强度ATECMNRO
| Q4 25 | 6.1% | 3.0% | ||
| Q3 25 | 4.7% | 2.0% | ||
| Q2 25 | 5.6% | 2.5% | ||
| Q1 25 | 5.9% | 1.9% | ||
| Q4 24 | 1.1% | 2.2% | ||
| Q3 24 | 10.5% | 1.6% | ||
| Q2 24 | 23.4% | 3.0% | ||
| Q1 24 | 22.6% | 2.1% |
现金转化率ATECMNRO
| Q4 25 | — | 1.60× | ||
| Q3 25 | — | 5.71× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.23× | ||
| Q3 24 | — | 11.08× | ||
| Q2 24 | — | 4.37× | ||
| Q1 24 | — | -1.42× |
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
ATEC
暂无分部数据
MNRO
| Tires | $150.2M | 51% |
| Maintenance | $73.5M | 25% |
| Brakes | $35.1M | 12% |
| Steering | $24.9M | 8% |
| Batteries | $6.2M | 2% |
| Exhaust | $3.2M | 1% |
