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ATI INC（ATI）与怪兽饮料（MNST）财务数据对比。点击上方公司名可切换其他公司
怪兽饮料的季度营收约是ATI INC的1.8倍（$2.1B vs $1.2B），怪兽饮料净利率更高（21.1% vs 8.2%，领先12.9%），怪兽饮料同比增速更快（17.6% vs 0.4%），怪兽饮料自由现金流更多（$351.2M vs $223.1M），过去两年ATI INC的营收复合增速更高（6.2% vs 5.9%）
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。
怪兽饮料是美国知名饮品企业，旗下拥有魔爪、Relentless、Reign、Burn等多款畅销能量饮料产品。公司1935年创立于美国南加州，前身为Hansen's，最初主营果汁产品，2012年正式更为现名。
ATI vs MNST — 直观对比
营收规模更大
MNST
是对方的1.8倍
$1.2B
营收增速更快
MNST
高出17.2%
0.4%
净利率更高
MNST
高出12.9%
8.2%
自由现金流更多
MNST
多$128.1M
$223.1M
两年增速更快
ATI
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.1B |
| 净利润 | $96.6M | $449.2M |
| 毛利率 | 23.2% | 55.5% |
| 营业利润率 | 14.5% | 25.5% |
| 净利率 | 8.2% | 21.1% |
| 营收同比 | 0.4% | 17.6% |
| 净利润同比 | -29.5% | 65.9% |
| 每股收益（稀释后） | $0.70 | — |
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ATIMNST
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.1B | $2.2B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.1B | $1.9B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | $1.1B | $1.9B | ||
| Q1 24 | $1.0B | $1.9B |
净利润ATIMNST
| Q4 25 | $96.6M | $449.2M | ||
| Q3 25 | $110.0M | $524.5M | ||
| Q2 25 | $100.7M | $488.8M | ||
| Q1 25 | $97.0M | $443.0M | ||
| Q4 24 | $137.1M | $270.7M | ||
| Q3 24 | $82.7M | $370.9M | ||
| Q2 24 | $81.9M | $425.4M | ||
| Q1 24 | $66.1M | $442.0M |
毛利率ATIMNST
| Q4 25 | 23.2% | 55.5% | ||
| Q3 25 | 22.7% | 55.7% | ||
| Q2 25 | 21.3% | 55.7% | ||
| Q1 25 | 20.6% | 56.5% | ||
| Q4 24 | 21.2% | 55.3% | ||
| Q3 24 | 21.4% | 53.2% | ||
| Q2 24 | 20.8% | 53.6% | ||
| Q1 24 | 18.9% | 54.1% |
营业利润率ATIMNST
| Q4 25 | 14.5% | 25.5% | ||
| Q3 25 | 14.4% | 30.7% | ||
| Q2 25 | 14.1% | 29.9% | ||
| Q1 25 | 12.8% | 30.7% | ||
| Q4 24 | 17.8% | 21.0% | ||
| Q3 24 | 13.5% | 25.5% | ||
| Q2 24 | 13.0% | 27.7% | ||
| Q1 24 | 11.0% | 28.5% |
净利率ATIMNST
| Q4 25 | 8.2% | 21.1% | ||
| Q3 25 | 9.8% | 23.9% | ||
| Q2 25 | 8.8% | 23.1% | ||
| Q1 25 | 8.5% | 23.9% | ||
| Q4 24 | 11.7% | 14.9% | ||
| Q3 24 | 7.9% | 19.7% | ||
| Q2 24 | 7.5% | 22.4% | ||
| Q1 24 | 6.3% | 23.3% |
每股收益（稀释后）ATIMNST
| Q4 25 | $0.70 | — | ||
| Q3 25 | $0.78 | — | ||
| Q2 25 | $0.70 | — | ||
| Q1 25 | $0.67 | — | ||
| Q4 24 | $0.94 | — | ||
| Q3 24 | $0.57 | — | ||
| Q2 24 | $0.58 | — | ||
| Q1 24 | $0.46 | — |
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 | $2.8B |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $1.8B | $8.3B |
| 总资产 | $5.1B | $10.0B |
| 负债/权益比越低杠杆越低 | 0.95× | — |
8季度趋势，按日历期对齐
现金及短期投资ATIMNST
| Q4 25 | $416.7M | $2.8B | ||
| Q3 25 | $372.2M | $2.6B | ||
| Q2 25 | $319.6M | $2.1B | ||
| Q1 25 | $475.8M | $1.9B | ||
| Q4 24 | $721.2M | $1.5B | ||
| Q3 24 | $406.6M | $1.6B | ||
| Q2 24 | $425.6M | $1.6B | ||
| Q1 24 | $394.4M | $3.6B |
总债务ATIMNST
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | $199.1M | ||
| Q4 24 | $1.7B | $374.0M | ||
| Q3 24 | $1.9B | $748.8M | ||
| Q2 24 | $1.9B | $748.7M | ||
| Q1 24 | $2.1B | — |
股东权益ATIMNST
| Q4 25 | $1.8B | $8.3B | ||
| Q3 25 | $1.7B | $7.7B | ||
| Q2 25 | $1.7B | $7.2B | ||
| Q1 25 | $1.9B | $6.5B | ||
| Q4 24 | $1.9B | $6.0B | ||
| Q3 24 | $1.8B | $5.8B | ||
| Q2 24 | $1.4B | $5.9B | ||
| Q1 24 | $1.3B | $8.6B |
总资产ATIMNST
| Q4 25 | $5.1B | $10.0B | ||
| Q3 25 | $5.0B | $9.6B | ||
| Q2 25 | $5.0B | $8.7B | ||
| Q1 25 | $5.2B | $8.2B | ||
| Q4 24 | $5.2B | $7.7B | ||
| Q3 24 | $5.1B | $8.1B | ||
| Q2 24 | $4.9B | $8.1B | ||
| Q1 24 | $4.8B | $10.1B |
负债/权益比ATIMNST
| Q4 25 | 0.95× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 0.91× | 0.03× | ||
| Q4 24 | 0.93× | 0.06× | ||
| Q3 24 | 1.04× | 0.13× | ||
| Q2 24 | 1.37× | 0.13× | ||
| Q1 24 | 1.70× | — |
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 | $315.8M | $379.4M |
| 自由现金流经营现金流 - 资本支出 | $223.1M | $351.2M |
| 自由现金流率自由现金流/营收 | 19.0% | 16.5% |
| 资本支出强度资本支出/营收 | 7.9% | 1.3% |
| 现金转化率经营现金流/净利润 | 3.27× | 0.84× |
| 过去12个月自由现金流最近4个季度 | $333.7M | $2.0B |
8季度趋势，按日历期对齐
经营现金流ATIMNST
| Q4 25 | $315.8M | $379.4M | ||
| Q3 25 | $229.5M | $745.1M | ||
| Q2 25 | $161.5M | $466.0M | ||
| Q1 25 | $-92.5M | $507.6M | ||
| Q4 24 | $380.9M | $461.7M | ||
| Q3 24 | $24.0M | $618.4M | ||
| Q2 24 | $101.1M | $436.3M | ||
| Q1 24 | $-98.8M | $412.1M |
自由现金流ATIMNST
| Q4 25 | $223.1M | $351.2M | ||
| Q3 25 | $167.0M | $701.5M | ||
| Q2 25 | $89.4M | $434.6M | ||
| Q1 25 | $-145.8M | $478.5M | ||
| Q4 24 | $333.6M | $370.4M | ||
| Q3 24 | $-41.8M | $571.4M | ||
| Q2 24 | $40.9M | $376.5M | ||
| Q1 24 | $-164.6M | $346.1M |
自由现金流率ATIMNST
| Q4 25 | 19.0% | 16.5% | ||
| Q3 25 | 14.8% | 31.9% | ||
| Q2 25 | 7.8% | 20.6% | ||
| Q1 25 | -12.7% | 25.8% | ||
| Q4 24 | 28.4% | 20.4% | ||
| Q3 24 | -4.0% | 30.4% | ||
| Q2 24 | 3.7% | 19.8% | ||
| Q1 24 | -15.8% | 18.2% |
资本支出强度ATIMNST
| Q4 25 | 7.9% | 1.3% | ||
| Q3 25 | 5.6% | 2.0% | ||
| Q2 25 | 6.3% | 1.5% | ||
| Q1 25 | 4.7% | 1.6% | ||
| Q4 24 | 4.0% | 5.0% | ||
| Q3 24 | 6.3% | 2.5% | ||
| Q2 24 | 5.5% | 3.1% | ||
| Q1 24 | 6.3% | 3.5% |
现金转化率ATIMNST
| Q4 25 | 3.27× | 0.84× | ||
| Q3 25 | 2.09× | 1.42× | ||
| Q2 25 | 1.60× | 0.95× | ||
| Q1 25 | -0.95× | 1.15× | ||
| Q4 24 | 2.78× | 1.71× | ||
| Q3 24 | 0.29× | 1.67× | ||
| Q2 24 | 1.23× | 1.03× | ||
| Q1 24 | -1.49× | 0.93× |
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% |
MNST
| Monster Energy Drinks Segment | $1.2B | 57% |
| Sales Revenue Product Line | $905.5M | 42% |
| Strategic Brands Segment | $50.3M | 2% |
| Alcohol Brands Segment | $29.0M | 1% |
