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Alphatec Holdings, Inc.（ATEC）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
Alphatec Holdings, Inc.的季度营收约是STURM RUGER & CO INC的1.4倍（$212.9M vs $151.1M），Alphatec Holdings, Inc.同比增速更快（20.4% vs 3.6%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs 5.1%）
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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
ATEC vs RGR — 直观对比
营收规模更大
ATEC
是对方的1.4倍
$151.1M
营收增速更快
ATEC
高出16.8%
3.6%
自由现金流更多
RGR
多$4.6M
$7.7M
两年增速更快
ATEC
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $151.1M |
| 净利润 | $-21.7M | — |
| 毛利率 | 70.2% | 17.8% |
| 营业利润率 | -4.1% | 2.3% |
| 净利率 | -10.2% | — |
| 营收同比 | 20.4% | 3.6% |
| 净利润同比 | 34.8% | — |
| 每股收益（稀释后） | $-0.15 | $0.22 |
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ATECRGR
| Q4 25 | $212.9M | $151.1M | ||
| Q3 25 | $196.5M | $126.8M | ||
| Q2 25 | $185.5M | $132.5M | ||
| Q1 25 | $169.2M | $135.7M | ||
| Q4 24 | $176.8M | $145.8M | ||
| Q3 24 | $150.7M | $122.3M | ||
| Q2 24 | $145.6M | $130.8M | ||
| Q1 24 | $138.5M | $136.8M |
净利润ATECRGR
| Q4 25 | $-21.7M | — | ||
| Q3 25 | $-28.6M | $1.6M | ||
| Q2 25 | $-41.1M | $-17.2M | ||
| Q1 25 | $-51.9M | $7.8M | ||
| Q4 24 | $-33.3M | — | ||
| Q3 24 | $-39.6M | $4.7M | ||
| Q2 24 | $-40.7M | $8.3M | ||
| Q1 24 | $-48.5M | $7.1M |
毛利率ATECRGR
| Q4 25 | 70.2% | 17.8% | ||
| Q3 25 | 69.9% | 15.1% | ||
| Q2 25 | 69.6% | 3.9% | ||
| Q1 25 | 68.6% | 22.0% | ||
| Q4 24 | 68.8% | 22.8% | ||
| Q3 24 | 68.2% | 18.5% | ||
| Q2 24 | 70.5% | 22.3% | ||
| Q1 24 | 70.3% | 21.5% |
营业利润率ATECRGR
| Q4 25 | -4.1% | 2.3% | ||
| Q3 25 | -8.1% | -2.7% | ||
| Q2 25 | -7.1% | -15.6% | ||
| Q1 25 | -26.2% | 6.2% | ||
| Q4 24 | -13.5% | 7.8% | ||
| Q3 24 | -22.4% | 3.1% | ||
| Q2 24 | -24.3% | 6.9% | ||
| Q1 24 | -31.3% | 5.5% |
净利率ATECRGR
| Q4 25 | -10.2% | — | ||
| Q3 25 | -14.5% | 1.2% | ||
| Q2 25 | -22.2% | -13.0% | ||
| Q1 25 | -30.7% | 5.7% | ||
| Q4 24 | -18.9% | — | ||
| Q3 24 | -26.3% | 3.9% | ||
| Q2 24 | -27.9% | 6.3% | ||
| Q1 24 | -35.0% | 5.2% |
每股收益（稀释后）ATECRGR
| Q4 25 | $-0.15 | $0.22 | ||
| Q3 25 | $-0.19 | $0.10 | ||
| Q2 25 | $-0.27 | $-1.05 | ||
| Q1 25 | $-0.35 | $0.46 | ||
| Q4 24 | $-0.22 | $0.62 | ||
| Q3 24 | $-0.28 | $0.28 | ||
| Q2 24 | $-0.29 | $0.47 | ||
| Q1 24 | $-0.34 | $0.40 |
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 | $92.5M |
| 总债务越低越好 | $565.9M | — |
| 股东权益账面价值 | $12.4M | $283.8M |
| 总资产 | $791.2M | $342.0M |
| 负债/权益比越低杠杆越低 | 45.54× | — |
8季度趋势，按日历期对齐
现金及短期投资ATECRGR
| Q4 25 | $160.8M | $92.5M | ||
| Q3 25 | $155.7M | $80.8M | ||
| Q2 25 | $157.1M | $101.4M | ||
| Q1 25 | $153.2M | $108.3M | ||
| Q4 24 | $138.8M | $105.5M | ||
| Q3 24 | $81.0M | $96.0M | ||
| Q2 24 | $99.8M | $105.6M | ||
| Q1 24 | $144.1M | $115.3M |
总债务ATECRGR
| Q4 25 | $565.9M | — | ||
| Q3 25 | $559.7M | — | ||
| Q2 25 | $553.9M | — | ||
| Q1 25 | $548.4M | — | ||
| Q4 24 | $576.2M | — | ||
| Q3 24 | $527.7M | — | ||
| Q2 24 | $519.2M | — | ||
| Q1 24 | $514.4M | — |
股东权益ATECRGR
| Q4 25 | $12.4M | $283.8M | ||
| Q3 25 | $11.5M | $279.6M | ||
| Q2 25 | $23.8M | $289.3M | ||
| Q1 25 | $-85.9M | $321.5M | ||
| Q4 24 | $-14.2M | $319.6M | ||
| Q3 24 | $-1.4M | $314.9M | ||
| Q2 24 | $17.1M | $321.5M | ||
| Q1 24 | $37.6M | $332.0M |
总资产ATECRGR
| Q4 25 | $791.2M | $342.0M | ||
| Q3 25 | $787.2M | $342.3M | ||
| Q2 25 | $790.3M | $349.5M | ||
| Q1 25 | $785.5M | $379.0M | ||
| Q4 24 | $775.7M | $384.0M | ||
| Q3 24 | $745.9M | $373.5M | ||
| Q2 24 | $768.6M | $376.7M | ||
| Q1 24 | $774.6M | $385.0M |
负债/权益比ATECRGR
| Q4 25 | 45.54× | — | ||
| Q3 25 | 48.64× | — | ||
| Q2 25 | 23.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 30.34× | — | ||
| Q1 24 | 13.70× | — |
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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $12.3M |
| 自由现金流率自由现金流/营收 | 3.6% | 8.2% |
| 资本支出强度资本支出/营收 | 6.1% | 2.1% |
| 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 | $38.5M |
8季度趋势，按日历期对齐
经营现金流ATECRGR
| Q4 25 | $20.7M | $15.5M | ||
| Q3 25 | $14.0M | $12.9M | ||
| Q2 25 | $15.5M | $14.7M | ||
| Q1 25 | $-5.0M | $11.1M | ||
| Q4 24 | $10.5M | $20.0M | ||
| Q3 24 | $-5.3M | $9.4M | ||
| Q2 24 | $-11.4M | $18.7M | ||
| Q1 24 | $-38.4M | $7.3M |
自由现金流ATECRGR
| Q4 25 | $7.7M | $12.3M | ||
| Q3 25 | $4.8M | $7.0M | ||
| Q2 25 | $5.2M | $9.1M | ||
| Q1 25 | $-15.0M | $10.0M | ||
| Q4 24 | $8.5M | $16.4M | ||
| Q3 24 | $-21.2M | $2.6M | ||
| Q2 24 | $-45.5M | $10.1M | ||
| Q1 24 | $-69.8M | $5.6M |
自由现金流率ATECRGR
| Q4 25 | 3.6% | 8.2% | ||
| Q3 25 | 2.4% | 5.5% | ||
| Q2 25 | 2.8% | 6.9% | ||
| Q1 25 | -8.9% | 7.4% | ||
| Q4 24 | 4.8% | 11.2% | ||
| Q3 24 | -14.1% | 2.1% | ||
| Q2 24 | -31.3% | 7.7% | ||
| Q1 24 | -50.4% | 4.1% |
资本支出强度ATECRGR
| Q4 25 | 6.1% | 2.1% | ||
| Q3 25 | 4.7% | 4.6% | ||
| Q2 25 | 5.6% | 4.2% | ||
| Q1 25 | 5.9% | 0.8% | ||
| Q4 24 | 1.1% | 2.5% | ||
| Q3 24 | 10.5% | 5.5% | ||
| Q2 24 | 23.4% | 6.6% | ||
| Q1 24 | 22.6% | 1.3% |
现金转化率ATECRGR
| Q4 25 | — | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
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
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
