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Alphatec Holdings, Inc.（ATEC）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是Alphatec Holdings, Inc.的1.1倍（$225.0M vs $212.9M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 20.4%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $7.7M），过去两年Alphatec Holdings, Inc.的营收复合增速更高（24.0% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
ATEC vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.1倍
$212.9M
营收增速更快
ROCK
高出4.5%
20.4%
自由现金流更多
ROCK
多$18.5M
$7.7M
两年增速更快
ATEC
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $212.9M | $225.0M |
| 净利润 | $-21.7M | — |
| 毛利率 | 70.2% | 25.3% |
| 营业利润率 | -4.1% | 7.9% |
| 净利率 | -10.2% | — |
| 营收同比 | 20.4% | 24.9% |
| 净利润同比 | 34.8% | — |
| 每股收益（稀释后） | $-0.15 | — |
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ATECROCK
| Q4 25 | $212.9M | $225.0M | ||
| Q3 25 | $196.5M | $310.9M | ||
| Q2 25 | $185.5M | $309.5M | ||
| Q1 25 | $169.2M | $290.0M | ||
| Q4 24 | $176.8M | $180.1M | ||
| Q3 24 | $150.7M | $277.1M | ||
| Q2 24 | $145.6M | $273.6M | ||
| Q1 24 | $138.5M | $292.5M |
净利润ATECROCK
| Q4 25 | $-21.7M | — | ||
| Q3 25 | $-28.6M | $-89.1M | ||
| Q2 25 | $-41.1M | $26.0M | ||
| Q1 25 | $-51.9M | $21.1M | ||
| Q4 24 | $-33.3M | — | ||
| Q3 24 | $-39.6M | $34.0M | ||
| Q2 24 | $-40.7M | $32.2M | ||
| Q1 24 | $-48.5M | $24.9M |
毛利率ATECROCK
| Q4 25 | 70.2% | 25.3% | ||
| Q3 25 | 69.9% | 26.6% | ||
| Q2 25 | 69.6% | 28.4% | ||
| Q1 25 | 68.6% | 26.8% | ||
| Q4 24 | 68.8% | 29.0% | ||
| Q3 24 | 68.2% | 29.4% | ||
| Q2 24 | 70.5% | 30.5% | ||
| Q1 24 | 70.3% | 28.9% |
营业利润率ATECROCK
| Q4 25 | -4.1% | 7.9% | ||
| Q3 25 | -8.1% | 12.8% | ||
| Q2 25 | -7.1% | 12.8% | ||
| Q1 25 | -26.2% | 8.8% | ||
| Q4 24 | -13.5% | 13.3% | ||
| Q3 24 | -22.4% | 15.6% | ||
| Q2 24 | -24.3% | 14.9% | ||
| Q1 24 | -31.3% | 10.8% |
净利率ATECROCK
| Q4 25 | -10.2% | — | ||
| Q3 25 | -14.5% | -28.6% | ||
| Q2 25 | -22.2% | 8.4% | ||
| Q1 25 | -30.7% | 7.3% | ||
| Q4 24 | -18.9% | — | ||
| Q3 24 | -26.3% | 12.3% | ||
| Q2 24 | -27.9% | 11.8% | ||
| Q1 24 | -35.0% | 8.5% |
每股收益（稀释后）ATECROCK
| Q4 25 | $-0.15 | — | ||
| Q3 25 | $-0.19 | $-2.98 | ||
| Q2 25 | $-0.27 | $0.87 | ||
| Q1 25 | $-0.35 | — | ||
| Q4 24 | $-0.22 | — | ||
| Q3 24 | $-0.28 | $1.11 | ||
| Q2 24 | $-0.29 | $1.05 | ||
| Q1 24 | $-0.34 | — |
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 | $115.7M |
| 总债务越低越好 | $565.9M | $0 |
| 股东权益账面价值 | $12.4M | $950.4M |
| 总资产 | $791.2M | $1.4B |
| 负债/权益比越低杠杆越低 | 45.54× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ATECROCK
| Q4 25 | $160.8M | $115.7M | ||
| Q3 25 | $155.7M | $89.4M | ||
| Q2 25 | $157.1M | $43.3M | ||
| Q1 25 | $153.2M | $25.1M | ||
| Q4 24 | $138.8M | $269.5M | ||
| Q3 24 | $81.0M | $228.9M | ||
| Q2 24 | $99.8M | $179.1M | ||
| Q1 24 | $144.1M | $146.7M |
总债务ATECROCK
| Q4 25 | $565.9M | $0 | ||
| Q3 25 | $559.7M | $0 | ||
| Q2 25 | $553.9M | $0 | ||
| Q1 25 | $548.4M | $0 | ||
| Q4 24 | $576.2M | $0 | ||
| Q3 24 | $527.7M | $0 | ||
| Q2 24 | $519.2M | $0 | ||
| Q1 24 | $514.4M | $0 |
股东权益ATECROCK
| Q4 25 | $12.4M | $950.4M | ||
| Q3 25 | $11.5M | $951.8M | ||
| Q2 25 | $23.8M | $1.0B | ||
| Q1 25 | $-85.9M | $1.0B | ||
| Q4 24 | $-14.2M | $1.0B | ||
| Q3 24 | $-1.4M | $1.0B | ||
| Q2 24 | $17.1M | $975.7M | ||
| Q1 24 | $37.6M | $940.2M |
总资产ATECROCK
| Q4 25 | $791.2M | $1.4B | ||
| Q3 25 | $787.2M | $1.4B | ||
| Q2 25 | $790.3M | $1.5B | ||
| Q1 25 | $785.5M | $1.4B | ||
| Q4 24 | $775.7M | $1.4B | ||
| Q3 24 | $745.9M | $1.4B | ||
| Q2 24 | $768.6M | $1.4B | ||
| Q1 24 | $774.6M | $1.3B |
负债/权益比ATECROCK
| Q4 25 | 45.54× | 0.00× | ||
| Q3 25 | 48.64× | 0.00× | ||
| Q2 25 | 23.30× | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | 30.34× | 0.00× | ||
| Q1 24 | 13.70× | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $7.7M | $26.2M |
| 自由现金流率自由现金流/营收 | 3.6% | 11.7% |
| 资本支出强度资本支出/营收 | 6.1% | 4.1% |
| 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 | $120.6M |
8季度趋势，按日历期对齐
经营现金流ATECROCK
| Q4 25 | $20.7M | $35.5M | ||
| Q3 25 | $14.0M | $73.0M | ||
| Q2 25 | $15.5M | $44.9M | ||
| Q1 25 | $-5.0M | $13.7M | ||
| Q4 24 | $10.5M | $19.9M | ||
| Q3 24 | $-5.3M | $64.7M | ||
| Q2 24 | $-11.4M | $36.5M | ||
| Q1 24 | $-38.4M | $53.2M |
自由现金流ATECROCK
| Q4 25 | $7.7M | $26.2M | ||
| Q3 25 | $4.8M | $64.8M | ||
| Q2 25 | $5.2M | $27.3M | ||
| Q1 25 | $-15.0M | $2.3M | ||
| Q4 24 | $8.5M | $14.1M | ||
| Q3 24 | $-21.2M | $60.5M | ||
| Q2 24 | $-45.5M | $33.5M | ||
| Q1 24 | $-69.8M | $48.8M |
自由现金流率ATECROCK
| Q4 25 | 3.6% | 11.7% | ||
| Q3 25 | 2.4% | 20.8% | ||
| Q2 25 | 2.8% | 8.8% | ||
| Q1 25 | -8.9% | 0.8% | ||
| Q4 24 | 4.8% | 7.8% | ||
| Q3 24 | -14.1% | 21.8% | ||
| Q2 24 | -31.3% | 12.2% | ||
| Q1 24 | -50.4% | 16.7% |
资本支出强度ATECROCK
| Q4 25 | 6.1% | 4.1% | ||
| Q3 25 | 4.7% | 2.6% | ||
| Q2 25 | 5.6% | 5.7% | ||
| Q1 25 | 5.9% | 3.9% | ||
| Q4 24 | 1.1% | 3.3% | ||
| Q3 24 | 10.5% | 1.5% | ||
| Q2 24 | 23.4% | 1.1% | ||
| Q1 24 | 22.6% | 1.5% |
现金转化率ATECROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
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
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
