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ATI INC（ATI）与波尔公司（BALL）财务数据对比。点击上方公司名可切换其他公司
波尔公司的季度营收约是ATI INC的2.8倍（$3.3B vs $1.2B）。ATI INC净利率更高（8.2% vs 6.0%，领先2.2%）。波尔公司同比增速更快（16.2% vs 0.4%）。波尔公司自由现金流更多（$1.0B vs $223.1M）。过去两年波尔公司的营收复合增速更高（7.9% vs 6.2%）
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。
波尔公司是全球领先的可持续铝制包装解决方案供应商，为饮料、个护、家居产品领域的品牌提供创新包装产品，同时旗下航空航天板块为政府及商业客户提供先进技术、系统与相关服务，全业务线高度重视环保责任与产品可靠性。
ATI vs BALL — 直观对比
营收规模更大
BALL
是对方的2.8倍
$1.2B
营收增速更快
BALL
高出15.8%
0.4%
净利率更高
ATI
高出2.2%
6.0%
自由现金流更多
BALL
多$817.9M
$223.1M
两年增速更快
BALL
近两年复合增速
6.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $3.3B |
| 净利润 | $96.6M | $200.0M |
| 毛利率 | 23.2% | — |
| 营业利润率 | 14.5% | 7.2% |
| 净利率 | 8.2% | 6.0% |
| 营收同比 | 0.4% | 16.2% |
| 净利润同比 | -29.5% | 766.7% |
| 每股收益（稀释后） | $0.70 | $0.73 |
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ATIBALL
| Q4 25 | $1.2B | $3.3B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $1.1B | $3.1B | ||
| Q4 24 | $1.2B | $2.9B | ||
| Q3 24 | $1.1B | $3.1B | ||
| Q2 24 | $1.1B | $3.0B | ||
| Q1 24 | $1.0B | $2.9B |
净利润ATIBALL
| Q4 25 | $96.6M | $200.0M | ||
| Q3 25 | $110.0M | $321.0M | ||
| Q2 25 | $100.7M | $215.0M | ||
| Q1 25 | $97.0M | $179.0M | ||
| Q4 24 | $137.1M | $-30.0M | ||
| Q3 24 | $82.7M | $199.0M | ||
| Q2 24 | $81.9M | $159.0M | ||
| Q1 24 | $66.1M | $3.7B |
毛利率ATIBALL
| Q4 25 | 23.2% | — | ||
| Q3 25 | 22.7% | — | ||
| Q2 25 | 21.3% | — | ||
| Q1 25 | 20.6% | — | ||
| Q4 24 | 21.2% | — | ||
| Q3 24 | 21.4% | 17.7% | ||
| Q2 24 | 20.8% | 16.5% | ||
| Q1 24 | 18.9% | 16.6% |
营业利润率ATIBALL
| Q4 25 | 14.5% | 7.2% | ||
| Q3 25 | 14.4% | 11.6% | ||
| Q2 25 | 14.1% | 8.0% | ||
| Q1 25 | 12.8% | 7.4% | ||
| Q4 24 | 17.8% | 0.2% | ||
| Q3 24 | 13.5% | 7.4% | ||
| Q2 24 | 13.0% | 6.8% | ||
| Q1 24 | 11.0% | 6.8% |
净利率ATIBALL
| Q4 25 | 8.2% | 6.0% | ||
| Q3 25 | 9.8% | 9.5% | ||
| Q2 25 | 8.8% | 6.4% | ||
| Q1 25 | 8.5% | 5.8% | ||
| Q4 24 | 11.7% | -1.0% | ||
| Q3 24 | 7.9% | 6.5% | ||
| Q2 24 | 7.5% | 5.4% | ||
| Q1 24 | 6.3% | 128.3% |
每股收益（稀释后）ATIBALL
| Q4 25 | $0.70 | $0.73 | ||
| Q3 25 | $0.78 | $1.18 | ||
| Q2 25 | $0.70 | $0.76 | ||
| Q1 25 | $0.67 | $0.63 | ||
| Q4 24 | $0.94 | $0.23 | ||
| Q3 24 | $0.57 | $0.65 | ||
| Q2 24 | $0.58 | $0.51 | ||
| Q1 24 | $0.46 | $11.61 |
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 | $1.2B |
| 总债务越低越好 | $1.7B | $7.0B |
| 股东权益账面价值 | $1.8B | $5.4B |
| 总资产 | $5.1B | $19.5B |
| 负债/权益比越低杠杆越低 | 0.95× | 1.29× |
8季度趋势，按日历期对齐
现金及短期投资ATIBALL
| Q4 25 | $416.7M | $1.2B | ||
| Q3 25 | $372.2M | $568.0M | ||
| Q2 25 | $319.6M | $296.0M | ||
| Q1 25 | $475.8M | $449.0M | ||
| Q4 24 | $721.2M | $885.0M | ||
| Q3 24 | $406.6M | $1.4B | ||
| Q2 24 | $425.6M | $1.3B | ||
| Q1 24 | $394.4M | $1.7B |
总债务ATIBALL
| Q4 25 | $1.7B | $7.0B | ||
| Q3 25 | $1.7B | $6.9B | ||
| Q2 25 | $1.7B | $6.5B | ||
| Q1 25 | $1.7B | $6.1B | ||
| Q4 24 | $1.7B | $5.3B | ||
| Q3 24 | $1.9B | $5.4B | ||
| Q2 24 | $1.9B | $5.5B | ||
| Q1 24 | $2.1B | $5.5B |
股东权益ATIBALL
| Q4 25 | $1.8B | $5.4B | ||
| Q3 25 | $1.7B | $5.4B | ||
| Q2 25 | $1.7B | $5.2B | ||
| Q1 25 | $1.9B | $5.5B | ||
| Q4 24 | $1.9B | $5.9B | ||
| Q3 24 | $1.8B | $6.7B | ||
| Q2 24 | $1.4B | $6.9B | ||
| Q1 24 | $1.3B | $7.3B |
总资产ATIBALL
| Q4 25 | $5.1B | $19.5B | ||
| Q3 25 | $5.0B | $18.7B | ||
| Q2 25 | $5.0B | $18.6B | ||
| Q1 25 | $5.2B | $18.0B | ||
| Q4 24 | $5.2B | $17.6B | ||
| Q3 24 | $5.1B | $18.8B | ||
| Q2 24 | $4.9B | $19.0B | ||
| Q1 24 | $4.8B | $19.9B |
负债/权益比ATIBALL
| Q4 25 | 0.95× | 1.29× | ||
| Q3 25 | 1.00× | 1.26× | ||
| Q2 25 | 0.98× | 1.24× | ||
| Q1 25 | 0.91× | 1.12× | ||
| Q4 24 | 0.93× | 0.91× | ||
| Q3 24 | 1.04× | 0.80× | ||
| Q2 24 | 1.37× | 0.80× | ||
| Q1 24 | 1.70× | 0.76× |
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 | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $223.1M | $1.0B |
| 自由现金流率自由现金流/营收 | 19.0% | 31.1% |
| 资本支出强度资本支出/营收 | 7.9% | 5.1% |
| 现金转化率经营现金流/净利润 | 3.27× | 6.05× |
| 过去12个月自由现金流最近4个季度 | $333.7M | $788.0M |
8季度趋势，按日历期对齐
经营现金流ATIBALL
| Q4 25 | $315.8M | $1.2B | ||
| Q3 25 | $229.5M | $384.0M | ||
| Q2 25 | $161.5M | $332.0M | ||
| Q1 25 | $-92.5M | $-665.0M | ||
| Q4 24 | $380.9M | $500.0M | ||
| Q3 24 | $24.0M | $610.0M | ||
| Q2 24 | $101.1M | $252.0M | ||
| Q1 24 | $-98.8M | $-1.2B |
自由现金流ATIBALL
| Q4 25 | $223.1M | $1.0B | ||
| Q3 25 | $167.0M | $257.0M | ||
| Q2 25 | $89.4M | $236.0M | ||
| Q1 25 | $-145.8M | $-746.0M | ||
| Q4 24 | $333.6M | $393.0M | ||
| Q3 24 | $-41.8M | $493.0M | ||
| Q2 24 | $40.9M | $146.0M | ||
| Q1 24 | $-164.6M | $-1.4B |
自由现金流率ATIBALL
| Q4 25 | 19.0% | 31.1% | ||
| Q3 25 | 14.8% | 7.6% | ||
| Q2 25 | 7.8% | 7.1% | ||
| Q1 25 | -12.7% | -24.1% | ||
| Q4 24 | 28.4% | 13.6% | ||
| Q3 24 | -4.0% | 16.0% | ||
| Q2 24 | 3.7% | 4.9% | ||
| Q1 24 | -15.8% | -48.7% |
资本支出强度ATIBALL
| Q4 25 | 7.9% | 5.1% | ||
| Q3 25 | 5.6% | 3.8% | ||
| Q2 25 | 6.3% | 2.9% | ||
| Q1 25 | 4.7% | 2.6% | ||
| Q4 24 | 4.0% | 3.7% | ||
| Q3 24 | 6.3% | 3.8% | ||
| Q2 24 | 5.5% | 3.6% | ||
| Q1 24 | 6.3% | 5.4% |
现金转化率ATIBALL
| Q4 25 | 3.27× | 6.05× | ||
| Q3 25 | 2.09× | 1.20× | ||
| Q2 25 | 1.60× | 1.54× | ||
| Q1 25 | -0.95× | -3.72× | ||
| Q4 24 | 2.78× | — | ||
| Q3 24 | 0.29× | 3.07× | ||
| Q2 24 | 1.23× | 1.58× | ||
| Q1 24 | -1.49× | -0.34× |
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% |
BALL
| Transferred Over Time | $2.7B | 82% |
| Transferred At Point In Time | $602.0M | 18% |
