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安富利（AVT）与嘉年华集团（CCL）财务数据对比。点击上方公司名可切换其他公司
嘉年华集团的季度营收约是安富利的1.0倍（$6.3B vs $6.3B），嘉年华集团净利率更高（6.6% vs 1.0%，领先5.7%），安富利同比增速更快（11.6% vs 6.6%），安富利自由现金流更多（$192.9M vs $12.0M），过去两年嘉年华集团的营收复合增速更高（8.2% vs 5.7%）
安富利是全球知名的电子元器件分销商，总部位于美国亚利桑那州凤凰城，由查尔斯·安富利于1921年创立，最初起步于曼哈顿无线电街。1955年公司正式注册成立，1961年在纽约证券交易所上市，2018年5月8日转至纳斯达克挂牌交易，股票代码仍为AVT。
嘉年华集团是全球规模最大的休闲旅游集团，核心业务为邮轮运营，旗下拥有多个全球知名邮轮品牌，每年服务数百万乘客，提供覆盖住宿、餐饮、娱乐、岸上观光的一站式度假体验，航线遍布全球热门目的地。
AVT vs CCL — 直观对比
营收规模更大
CCL
是对方的1.0倍
$6.3B
营收增速更快
AVT
高出5.0%
6.6%
净利率更高
CCL
高出5.7%
1.0%
自由现金流更多
AVT
多$180.9M
$12.0M
两年增速更快
CCL
近两年复合增速
5.7%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $6.3B |
| 净利润 | $61.7M | $421.0M |
| 毛利率 | 10.5% | — |
| 营业利润率 | 2.3% | 11.6% |
| 净利率 | 1.0% | 6.6% |
| 营收同比 | 11.6% | 6.6% |
| 净利润同比 | -29.2% | 38.9% |
| 每股收益（稀释后） | $0.75 | $0.33 |
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AVTCCL
| Q4 25 | $6.3B | $6.3B | ||
| Q3 25 | $5.9B | $8.2B | ||
| Q2 25 | $5.6B | $6.3B | ||
| Q1 25 | $5.3B | $5.8B | ||
| Q4 24 | $5.7B | $5.9B | ||
| Q3 24 | $5.6B | $7.9B | ||
| Q2 24 | $5.6B | $5.8B | ||
| Q1 24 | $5.7B | $5.4B |
净利润AVTCCL
| Q4 25 | $61.7M | $421.0M | ||
| Q3 25 | $51.7M | $1.9B | ||
| Q2 25 | $6.1M | $565.0M | ||
| Q1 25 | $87.9M | $-78.0M | ||
| Q4 24 | $87.3M | $303.0M | ||
| Q3 24 | $59.0M | $1.7B | ||
| Q2 24 | $82.7M | $92.0M | ||
| Q1 24 | $88.8M | $-214.0M |
毛利率AVTCCL
| Q4 25 | 10.5% | — | ||
| Q3 25 | 10.4% | 46.2% | ||
| Q2 25 | 10.6% | 38.6% | ||
| Q1 25 | 11.1% | 35.2% | ||
| Q4 24 | 10.5% | 35.5% | ||
| Q3 24 | 10.8% | 45.5% | ||
| Q2 24 | 11.6% | 34.3% | ||
| Q1 24 | 11.8% | 31.5% |
营业利润率AVTCCL
| Q4 25 | 2.3% | 11.6% | ||
| Q3 25 | 2.4% | 27.9% | ||
| Q2 25 | 1.3% | 14.8% | ||
| Q1 25 | 2.7% | 9.3% | ||
| Q4 24 | 2.7% | 9.4% | ||
| Q3 24 | 2.5% | 27.6% | ||
| Q2 24 | 3.0% | 9.7% | ||
| Q1 24 | 3.4% | 5.1% |
净利率AVTCCL
| Q4 25 | 1.0% | 6.6% | ||
| Q3 25 | 0.9% | 22.7% | ||
| Q2 25 | 0.1% | 8.9% | ||
| Q1 25 | 1.7% | -1.3% | ||
| Q4 24 | 1.5% | 5.1% | ||
| Q3 24 | 1.1% | 22.0% | ||
| Q2 24 | 1.5% | 1.6% | ||
| Q1 24 | 1.6% | -4.0% |
每股收益（稀释后）AVTCCL
| Q4 25 | $0.75 | $0.33 | ||
| Q3 25 | $0.61 | $1.33 | ||
| Q2 25 | $0.09 | $0.42 | ||
| Q1 25 | $1.01 | $-0.06 | ||
| Q4 24 | $0.99 | $0.28 | ||
| Q3 24 | $0.66 | $1.26 | ||
| Q2 24 | $0.93 | $0.07 | ||
| Q1 24 | $0.97 | $-0.17 |
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 | $286.5M | $1.9B |
| 总债务越低越好 | — | $27.4B |
| 股东权益账面价值 | $4.9B | $12.3B |
| 总资产 | $13.2B | $51.7B |
| 负债/权益比越低杠杆越低 | — | 2.23× |
8季度趋势，按日历期对齐
现金及短期投资AVTCCL
| Q4 25 | $286.5M | $1.9B | ||
| Q3 25 | $175.5M | $1.8B | ||
| Q2 25 | $192.4M | $2.1B | ||
| Q1 25 | $188.9M | $833.0M | ||
| Q4 24 | $172.1M | $1.2B | ||
| Q3 24 | $267.5M | $1.5B | ||
| Q2 24 | $310.9M | $1.6B | ||
| Q1 24 | $218.5M | $2.2B |
总债务AVTCCL
| Q4 25 | — | $27.4B | ||
| Q3 25 | — | $27.2B | ||
| Q2 25 | — | $28.0B | ||
| Q1 25 | — | $27.7B | ||
| Q4 24 | — | $28.2B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.2B | ||
| Q1 24 | — | $31.6B |
股东权益AVTCCL
| Q4 25 | $4.9B | $12.3B | ||
| Q3 25 | $4.8B | $11.9B | ||
| Q2 25 | $5.0B | $10.0B | ||
| Q1 25 | $4.9B | $9.2B | ||
| Q4 24 | $4.8B | $9.3B | ||
| Q3 24 | $5.0B | $8.6B | ||
| Q2 24 | $4.9B | $6.8B | ||
| Q1 24 | $5.0B | $6.7B |
总资产AVTCCL
| Q4 25 | $13.2B | $51.7B | ||
| Q3 25 | $12.4B | $50.8B | ||
| Q2 25 | $12.1B | $51.2B | ||
| Q1 25 | $11.7B | $48.5B | ||
| Q4 24 | $11.9B | $49.1B | ||
| Q3 24 | $12.6B | $49.8B | ||
| Q2 24 | $12.2B | $49.6B | ||
| Q1 24 | $12.3B | $49.8B |
负债/权益比AVTCCL
| Q4 25 | — | 2.23× | ||
| Q3 25 | — | 2.28× | ||
| Q2 25 | — | 2.79× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | — | 3.05× | ||
| Q3 24 | — | 3.45× | ||
| Q2 24 | — | 4.43× | ||
| Q1 24 | — | 4.72× |
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 | $208.2M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $192.9M | $12.0M |
| 自由现金流率自由现金流/营收 | 3.1% | 0.2% |
| 资本支出强度资本支出/营收 | 0.2% | 23.8% |
| 现金转化率经营现金流/净利润 | 3.37× | 3.61× |
| 过去12个月自由现金流最近4个季度 | $217.7M | $2.6B |
8季度趋势，按日历期对齐
经营现金流AVTCCL
| Q4 25 | $208.2M | $1.5B | ||
| Q3 25 | $-144.6M | $1.4B | ||
| Q2 25 | $139.5M | $2.4B | ||
| Q1 25 | $140.9M | $925.0M | ||
| Q4 24 | $337.8M | $911.0M | ||
| Q3 24 | $106.3M | $1.2B | ||
| Q2 24 | $274.3M | $2.0B | ||
| Q1 24 | $499.3M | $1.8B |
自由现金流AVTCCL
| Q4 25 | $192.9M | $12.0M | ||
| Q3 25 | $-169.2M | $736.0M | ||
| Q2 25 | $79.9M | $1.5B | ||
| Q1 25 | $114.1M | $318.0M | ||
| Q4 24 | $308.5M | $319.0M | ||
| Q3 24 | $74.5M | $628.0M | ||
| Q2 24 | $248.0M | $720.0M | ||
| Q1 24 | $457.2M | $-370.0M |
自由现金流率AVTCCL
| Q4 25 | 3.1% | 0.2% | ||
| Q3 25 | -2.9% | 9.0% | ||
| Q2 25 | 1.4% | 24.4% | ||
| Q1 25 | 2.1% | 5.5% | ||
| Q4 24 | 5.4% | 5.4% | ||
| Q3 24 | 1.3% | 8.0% | ||
| Q2 24 | 4.5% | 12.5% | ||
| Q1 24 | 8.1% | -6.8% |
资本支出强度AVTCCL
| Q4 25 | 0.2% | 23.8% | ||
| Q3 25 | 0.4% | 7.9% | ||
| Q2 25 | 1.1% | 13.4% | ||
| Q1 25 | 0.5% | 10.4% | ||
| Q4 24 | 0.5% | 10.0% | ||
| Q3 24 | 0.6% | 7.3% | ||
| Q2 24 | 0.5% | 22.8% | ||
| Q1 24 | 0.7% | 39.5% |
现金转化率AVTCCL
| Q4 25 | 3.37× | 3.61× | ||
| Q3 25 | -2.79× | 0.75× | ||
| Q2 25 | 22.91× | 4.23× | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 3.87× | 3.01× | ||
| Q3 24 | 1.80× | 0.69× | ||
| Q2 24 | 3.32× | 22.16× | ||
| Q1 24 | 5.62× | — |
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
AVT
| Electronic Components | $5.9B | 93% |
| Premier Farnell | $427.1M | 7% |
CCL
| Cruise Passenger Ticket | $4.1B | 64% |
| Other | $2.2B | 34% |
| Cruise | $90.0M | 1% |
| Tour And Other | $29.0M | 0% |
