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ATI INC（ATI）与JBT Marel Corp（JBTM）财务数据对比。点击上方公司名可切换其他公司
ATI INC的季度营收约是JBT Marel Corp的1.2倍（$1.2B vs $1.0B），ATI INC净利率更高（8.2% vs 5.3%，领先2.9%），JBT Marel Corp同比增速更快（115.6% vs 0.4%），ATI INC自由现金流更多（$223.1M vs $83.5M），过去两年JBT Marel Corp的营收复合增速更高（60.3% 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。
JBT Marel Corp（原称JBT公司、约翰宾技术公司）是主营食品加工机械及自动化车辆的企业，2008年由FMC技术公司拆分非能源业务独立注册成立，总部位于美国伊利诺伊州芝加哥，发展历史可追溯至1884年加州洛斯加托斯果园主约翰·宾创办的企业。
ATI vs JBTM — 直观对比
营收规模更大
ATI
是对方的1.2倍
$1.0B
营收增速更快
JBTM
高出115.2%
0.4%
净利率更高
ATI
高出2.9%
5.3%
自由现金流更多
ATI
多$139.6M
$83.5M
两年增速更快
JBTM
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.0B |
| 净利润 | $96.6M | $53.1M |
| 毛利率 | 23.2% | 34.5% |
| 营业利润率 | 14.5% | 7.2% |
| 净利率 | 8.2% | 5.3% |
| 营收同比 | 0.4% | 115.6% |
| 净利润同比 | -29.5% | 858.6% |
| 每股收益（稀释后） | $0.70 | $1.04 |
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ATIJBTM
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.1B | $1.0B | ||
| Q2 25 | $1.1B | $934.8M | ||
| Q1 25 | $1.1B | $854.1M | ||
| Q4 24 | $1.2B | $467.6M | ||
| Q3 24 | $1.1B | $453.8M | ||
| Q2 24 | $1.1B | $402.3M | ||
| Q1 24 | $1.0B | $392.3M |
净利润ATIJBTM
| Q4 25 | $96.6M | $53.1M | ||
| Q3 25 | $110.0M | $66.0M | ||
| Q2 25 | $100.7M | $3.4M | ||
| Q1 25 | $97.0M | $-173.0M | ||
| Q4 24 | $137.1M | $-7.0M | ||
| Q3 24 | $82.7M | $38.9M | ||
| Q2 24 | $81.9M | $30.7M | ||
| Q1 24 | $66.1M | $22.8M |
毛利率ATIJBTM
| Q4 25 | 23.2% | 34.5% | ||
| Q3 25 | 22.7% | 35.9% | ||
| Q2 25 | 21.3% | 35.8% | ||
| Q1 25 | 20.6% | 34.2% | ||
| Q4 24 | 21.2% | 38.4% | ||
| Q3 24 | 21.4% | 36.1% | ||
| Q2 24 | 20.8% | 35.6% | ||
| Q1 24 | 18.9% | 35.8% |
营业利润率ATIJBTM
| Q4 25 | 14.5% | 7.2% | ||
| Q3 25 | 14.4% | 10.2% | ||
| Q2 25 | 14.1% | 5.2% | ||
| Q1 25 | 12.8% | -3.9% | ||
| Q4 24 | 17.8% | 3.4% | ||
| Q3 24 | 13.5% | 10.3% | ||
| Q2 24 | 13.0% | 6.7% | ||
| Q1 24 | 11.0% | 7.4% |
净利率ATIJBTM
| Q4 25 | 8.2% | 5.3% | ||
| Q3 25 | 9.8% | 6.6% | ||
| Q2 25 | 8.8% | 0.4% | ||
| Q1 25 | 8.5% | -20.3% | ||
| Q4 24 | 11.7% | -1.5% | ||
| Q3 24 | 7.9% | 8.6% | ||
| Q2 24 | 7.5% | 7.6% | ||
| Q1 24 | 6.3% | 5.8% |
每股收益（稀释后）ATIJBTM
| Q4 25 | $0.70 | $1.04 | ||
| Q3 25 | $0.78 | $1.26 | ||
| Q2 25 | $0.70 | $0.07 | ||
| Q1 25 | $0.67 | $-3.35 | ||
| Q4 24 | $0.94 | $-0.22 | ||
| Q3 24 | $0.57 | $1.21 | ||
| Q2 24 | $0.58 | $0.95 | ||
| Q1 24 | $0.46 | $0.71 |
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 | $167.9M |
| 总债务越低越好 | $1.7B | $1.5B |
| 股东权益账面价值 | $1.8B | $4.5B |
| 总资产 | $5.1B | $8.2B |
| 负债/权益比越低杠杆越低 | 0.95× | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资ATIJBTM
| Q4 25 | $416.7M | $167.9M | ||
| Q3 25 | $372.2M | — | ||
| Q2 25 | $319.6M | — | ||
| Q1 25 | $475.8M | — | ||
| Q4 24 | $721.2M | $1.2B | ||
| Q3 24 | $406.6M | — | ||
| Q2 24 | $425.6M | — | ||
| Q1 24 | $394.4M | — |
总债务ATIJBTM
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.7B | $2.0B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.9B | $648.3M | ||
| Q2 24 | $1.9B | $647.7M | ||
| Q1 24 | $2.1B | $647.0M |
股东权益ATIJBTM
| Q4 25 | $1.8B | $4.5B | ||
| Q3 25 | $1.7B | $4.4B | ||
| Q2 25 | $1.7B | $4.4B | ||
| Q1 25 | $1.9B | $4.1B | ||
| Q4 24 | $1.9B | $1.5B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
总资产ATIJBTM
| Q4 25 | $5.1B | $8.2B | ||
| Q3 25 | $5.0B | $8.2B | ||
| Q2 25 | $5.0B | $8.3B | ||
| Q1 25 | $5.2B | $8.0B | ||
| Q4 24 | $5.2B | $3.4B | ||
| Q3 24 | $5.1B | $2.8B | ||
| Q2 24 | $4.9B | $2.7B | ||
| Q1 24 | $4.8B | $2.7B |
负债/权益比ATIJBTM
| Q4 25 | 0.95× | 0.33× | ||
| Q3 25 | 1.00× | 0.34× | ||
| Q2 25 | 0.98× | 0.35× | ||
| Q1 25 | 0.91× | 0.48× | ||
| Q4 24 | 0.93× | 0.81× | ||
| Q3 24 | 1.04× | 0.41× | ||
| Q2 24 | 1.37× | 0.43× | ||
| Q1 24 | 1.70× | 0.43× |
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 | $117.4M |
| 自由现金流经营现金流 - 资本支出 | $223.1M | $83.5M |
| 自由现金流率自由现金流/营收 | 19.0% | 8.3% |
| 资本支出强度资本支出/营收 | 7.9% | 3.4% |
| 现金转化率经营现金流/净利润 | 3.27× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $333.7M | $238.1M |
8季度趋势，按日历期对齐
经营现金流ATIJBTM
| Q4 25 | $315.8M | $117.4M | ||
| Q3 25 | $229.5M | $87.7M | ||
| Q2 25 | $161.5M | $102.2M | ||
| Q1 25 | $-92.5M | $34.4M | ||
| Q4 24 | $380.9M | $128.7M | ||
| Q3 24 | $24.0M | $71.9M | ||
| Q2 24 | $101.1M | $21.6M | ||
| Q1 24 | $-98.8M | $10.4M |
自由现金流ATIJBTM
| Q4 25 | $223.1M | $83.5M | ||
| Q3 25 | $167.0M | $56.5M | ||
| Q2 25 | $89.4M | $83.7M | ||
| Q1 25 | $-145.8M | $14.4M | ||
| Q4 24 | $333.6M | $118.7M | ||
| Q3 24 | $-41.8M | $65.0M | ||
| Q2 24 | $40.9M | $11.1M | ||
| Q1 24 | $-164.6M | $-100.0K |
自由现金流率ATIJBTM
| Q4 25 | 19.0% | 8.3% | ||
| Q3 25 | 14.8% | 5.6% | ||
| Q2 25 | 7.8% | 9.0% | ||
| Q1 25 | -12.7% | 1.7% | ||
| Q4 24 | 28.4% | 25.4% | ||
| Q3 24 | -4.0% | 14.3% | ||
| Q2 24 | 3.7% | 2.8% | ||
| Q1 24 | -15.8% | -0.0% |
资本支出强度ATIJBTM
| Q4 25 | 7.9% | 3.4% | ||
| Q3 25 | 5.6% | 3.1% | ||
| Q2 25 | 6.3% | 2.0% | ||
| Q1 25 | 4.7% | 2.3% | ||
| Q4 24 | 4.0% | 2.1% | ||
| Q3 24 | 6.3% | 1.5% | ||
| Q2 24 | 5.5% | 2.6% | ||
| Q1 24 | 6.3% | 2.7% |
现金转化率ATIJBTM
| Q4 25 | 3.27× | 2.21× | ||
| Q3 25 | 2.09× | 1.33× | ||
| Q2 25 | 1.60× | 30.06× | ||
| Q1 25 | -0.95× | — | ||
| Q4 24 | 2.78× | — | ||
| Q3 24 | 0.29× | 1.85× | ||
| Q2 24 | 1.23× | 0.70× | ||
| Q1 24 | -1.49× | 0.46× |
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% |
JBTM
暂无分部数据
