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ATI INC（ATI）与艾利丹尼森（AVY）财务数据对比。点击上方公司名可切换其他公司
艾利丹尼森的季度营收约是ATI INC的1.9倍（$2.3B vs $1.2B）。ATI INC净利率更高（8.2% vs 7.3%，领先0.9%）。艾利丹尼森同比增速更快（3.9% vs 0.4%）。艾利丹尼森自由现金流更多（$309.7M vs $223.1M）。过去两年ATI INC的营收复合增速更高（6.2% vs 2.7%）
ATI是加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器（GPU）及芯片组研发。公司成立于1985年，1993年公开上市，2006年被AMD收购。作为无晶圆厂半导体巨头，ATI坚持自主研发，生产组装环节外包，2000年竞争对手3dfx破产后，成为全球图形芯片领域的核心厂商之一。
艾利丹尼森是总部位于美国俄亥俄州门托市的财富500强跨国企业，专业从事压敏胶材料、服装品牌标签吊牌、RFID嵌体及特种医疗产品的生产与分销，业务覆盖全球多个主要市场。
ATI vs AVY — 直观对比
营收规模更大
AVY
是对方的1.9倍
$1.2B
营收增速更快
AVY
高出3.5%
0.4%
净利率更高
ATI
高出0.9%
7.3%
自由现金流更多
AVY
多$86.6M
$223.1M
两年增速更快
ATI
近两年复合增速
2.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.3B |
| 净利润 | $96.6M | $166.4M |
| 毛利率 | 23.2% | 28.7% |
| 营业利润率 | 14.5% | 9.1% |
| 净利率 | 8.2% | 7.3% |
| 营收同比 | 0.4% | 3.9% |
| 净利润同比 | -29.5% | -4.4% |
| 每股收益（稀释后） | $0.70 | $2.16 |
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ATIAVY
| Q4 25 | $1.2B | $2.3B | ||
| Q3 25 | $1.1B | $2.2B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $1.1B | $2.1B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $1.1B | $2.2B | ||
| Q1 24 | $1.0B | $2.2B |
净利润ATIAVY
| Q4 25 | $96.6M | $166.4M | ||
| Q3 25 | $110.0M | $166.3M | ||
| Q2 25 | $100.7M | $189.0M | ||
| Q1 25 | $97.0M | $166.3M | ||
| Q4 24 | $137.1M | $174.0M | ||
| Q3 24 | $82.7M | $181.7M | ||
| Q2 24 | $81.9M | $176.8M | ||
| Q1 24 | $66.1M | $172.4M |
毛利率ATIAVY
| Q4 25 | 23.2% | 28.7% | ||
| Q3 25 | 22.7% | 28.7% | ||
| Q2 25 | 21.3% | 28.8% | ||
| Q1 25 | 20.6% | 28.9% | ||
| Q4 24 | 21.2% | 27.9% | ||
| Q3 24 | 21.4% | 28.7% | ||
| Q2 24 | 20.8% | 29.6% | ||
| Q1 24 | 18.9% | 29.4% |
营业利润率ATIAVY
| Q4 25 | 14.5% | 9.1% | ||
| Q3 25 | 14.4% | 10.6% | ||
| Q2 25 | 14.1% | 11.5% | ||
| Q1 25 | 12.8% | 10.6% | ||
| Q4 24 | 17.8% | 11.0% | ||
| Q3 24 | 13.5% | 11.0% | ||
| Q2 24 | 13.0% | 10.7% | ||
| Q1 24 | 11.0% | 10.9% |
净利率ATIAVY
| Q4 25 | 8.2% | 7.3% | ||
| Q3 25 | 9.8% | 7.5% | ||
| Q2 25 | 8.8% | 8.5% | ||
| Q1 25 | 8.5% | 7.7% | ||
| Q4 24 | 11.7% | 8.0% | ||
| Q3 24 | 7.9% | 8.3% | ||
| Q2 24 | 7.5% | 7.9% | ||
| Q1 24 | 6.3% | 8.0% |
每股收益（稀释后）ATIAVY
| Q4 25 | $0.70 | $2.16 | ||
| Q3 25 | $0.78 | $2.13 | ||
| Q2 25 | $0.70 | $2.41 | ||
| Q1 25 | $0.67 | $2.09 | ||
| Q4 24 | $0.94 | $2.17 | ||
| Q3 24 | $0.57 | $2.25 | ||
| Q2 24 | $0.58 | $2.18 | ||
| Q1 24 | $0.46 | $2.13 |
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 | $416.7M | $202.8M |
| 总债务越低越好 | $1.7B | $3.2B |
| 股东权益账面价值 | $1.8B | $2.2B |
| 总资产 | $5.1B | $8.8B |
| 负债/权益比越低杠杆越低 | 0.95× | 1.43× |
8季度趋势，按日历期对齐
现金及短期投资ATIAVY
| Q4 25 | $416.7M | $202.8M | ||
| Q3 25 | $372.2M | $536.3M | ||
| Q2 25 | $319.6M | $215.9M | ||
| Q1 25 | $475.8M | $195.9M | ||
| Q4 24 | $721.2M | $329.1M | ||
| Q3 24 | $406.6M | $212.7M | ||
| Q2 24 | $425.6M | $208.8M | ||
| Q1 24 | $394.4M | $185.7M |
总债务ATIAVY
| Q4 25 | $1.7B | $3.2B | ||
| Q3 25 | $1.7B | $3.2B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.7B | $2.6B | ||
| Q4 24 | $1.7B | $2.6B | ||
| Q3 24 | $1.9B | $2.0B | ||
| Q2 24 | $1.9B | $2.0B | ||
| Q1 24 | $2.1B | $2.1B |
股东权益ATIAVY
| Q4 25 | $1.8B | $2.2B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.7B | $2.2B | ||
| Q1 25 | $1.9B | $2.2B | ||
| Q4 24 | $1.9B | $2.3B | ||
| Q3 24 | $1.8B | $2.4B | ||
| Q2 24 | $1.4B | $2.3B | ||
| Q1 24 | $1.3B | $2.2B |
总资产ATIAVY
| Q4 25 | $5.1B | $8.8B | ||
| Q3 25 | $5.0B | $8.9B | ||
| Q2 25 | $5.0B | $8.6B | ||
| Q1 25 | $5.2B | $8.4B | ||
| Q4 24 | $5.2B | $8.4B | ||
| Q3 24 | $5.1B | $8.5B | ||
| Q2 24 | $4.9B | $8.3B | ||
| Q1 24 | $4.8B | $8.3B |
负债/权益比ATIAVY
| Q4 25 | 0.95× | 1.43× | ||
| Q3 25 | 1.00× | 1.45× | ||
| Q2 25 | 0.98× | 1.19× | ||
| Q1 25 | 0.91× | 1.19× | ||
| Q4 24 | 0.93× | 1.11× | ||
| Q3 24 | 1.04× | 0.85× | ||
| Q2 24 | 1.37× | 0.89× | ||
| Q1 24 | 1.70× | 0.94× |
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 | $315.8M | $376.8M |
| 自由现金流经营现金流 - 资本支出 | $223.1M | $309.7M |
| 自由现金流率自由现金流/营收 | 19.0% | 13.6% |
| 资本支出强度资本支出/营收 | 7.9% | 3.0% |
| 现金转化率经营现金流/净利润 | 3.27× | 2.26× |
| 过去12个月自由现金流最近4个季度 | $333.7M | $712.4M |
8季度趋势，按日历期对齐
经营现金流ATIAVY
| Q4 25 | $315.8M | $376.8M | ||
| Q3 25 | $229.5M | $312.1M | ||
| Q2 25 | $161.5M | $208.8M | ||
| Q1 25 | $-92.5M | $-16.3M | ||
| Q4 24 | $380.9M | $351.2M | ||
| Q3 24 | $24.0M | $270.1M | ||
| Q2 24 | $101.1M | $197.7M | ||
| Q1 24 | $-98.8M | $119.8M |
自由现金流ATIAVY
| Q4 25 | $223.1M | $309.7M | ||
| Q3 25 | $167.0M | $276.2M | ||
| Q2 25 | $89.4M | $178.8M | ||
| Q1 25 | $-145.8M | $-52.3M | ||
| Q4 24 | $333.6M | $281.7M | ||
| Q3 24 | $-41.8M | $227.1M | ||
| Q2 24 | $40.9M | $150.2M | ||
| Q1 24 | $-164.6M | $71.0M |
自由现金流率ATIAVY
| Q4 25 | 19.0% | 13.6% | ||
| Q3 25 | 14.8% | 12.5% | ||
| Q2 25 | 7.8% | 8.1% | ||
| Q1 25 | -12.7% | -2.4% | ||
| Q4 24 | 28.4% | 12.9% | ||
| Q3 24 | -4.0% | 10.4% | ||
| Q2 24 | 3.7% | 6.7% | ||
| Q1 24 | -15.8% | 3.3% |
资本支出强度ATIAVY
| Q4 25 | 7.9% | 3.0% | ||
| Q3 25 | 5.6% | 1.6% | ||
| Q2 25 | 6.3% | 1.4% | ||
| Q1 25 | 4.7% | 1.7% | ||
| Q4 24 | 4.0% | 3.2% | ||
| Q3 24 | 6.3% | 2.0% | ||
| Q2 24 | 5.5% | 2.1% | ||
| Q1 24 | 6.3% | 2.3% |
现金转化率ATIAVY
| Q4 25 | 3.27× | 2.26× | ||
| Q3 25 | 2.09× | 1.88× | ||
| Q2 25 | 1.60× | 1.10× | ||
| Q1 25 | -0.95× | -0.10× | ||
| Q4 24 | 2.78× | 2.02× | ||
| Q3 24 | 0.29× | 1.49× | ||
| Q2 24 | 1.23× | 1.12× | ||
| Q1 24 | -1.49× | 0.69× |
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
ATI
| Other | $527.1M | 45% |
| Advanced Alloys Solutions | $333.5M | 28% |
| Airframes Commercial | $82.0M | 7% |
| Defense | $73.7M | 6% |
| Electronics Market | $53.1M | 5% |
| Internal Customers | $50.9M | 4% |
| Specialty Energy | $29.3M | 2% |
| Medical Market | $12.2M | 1% |
| Construction Mining Market | $7.2M | 1% |
| Other Market | $5.6M | 0% |
| Conventional Energy | $1.9M | 0% |
| Automotive Market | $600.0K | 0% |
AVY
| Other | $1.1B | 47% |
| Materials Group Segment | $475.0M | 21% |
| Apparel And Other | $460.8M | 20% |
| Identification Solutions And Vestcom | $263.4M | 12% |
