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安富利（AVT）与纽蒙特（NEM）财务数据对比。点击上方公司名可切换其他公司
纽蒙特的季度营收约是安富利的1.2倍（$7.3B vs $6.3B），纽蒙特净利率更高（26.0% vs 1.0%，领先25.1%），安富利同比增速更快（11.6% vs -31.4%），纽蒙特自由现金流更多（$1.2B vs $192.9M），过去两年纽蒙特的营收复合增速更高（28.8% 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。
纽蒙特公司是总部位于美国科罗拉多州丹佛市的金矿企业，为全球规模最大的金矿开采集团。公司成立于1921年，在全球十余个国家持有金矿资产，还与巴里克矿业共同持有内华达金矿的部分股权，除黄金外也开采铜、银、锌、铅等多种金属。
AVT vs NEM — 直观对比
营收规模更大
NEM
是对方的1.2倍
$6.3B
营收增速更快
AVT
高出43.0%
-31.4%
净利率更高
NEM
高出25.1%
1.0%
自由现金流更多
NEM
多$1.0B
$192.9M
两年增速更快
NEM
近两年复合增速
5.7%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $7.3B |
| 净利润 | $61.7M | $1.9B |
| 毛利率 | 10.5% | — |
| 营业利润率 | 2.3% | — |
| 净利率 | 1.0% | 26.0% |
| 营收同比 | 11.6% | -31.4% |
| 净利润同比 | -29.2% | -8.3% |
| 每股收益（稀释后） | $0.75 | $1.68 |
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AVTNEM
| Q1 26 | — | $7.3B | ||
| Q4 25 | $6.3B | $6.8B | ||
| Q3 25 | $5.9B | $5.5B | ||
| Q2 25 | $5.6B | $5.3B | ||
| Q1 25 | $5.3B | $5.0B | ||
| Q4 24 | $5.7B | $5.7B | ||
| Q3 24 | $5.6B | $4.6B | ||
| Q2 24 | $5.6B | $4.4B |
净利润AVTNEM
| Q1 26 | — | $1.9B | ||
| Q4 25 | $61.7M | $1.3B | ||
| Q3 25 | $51.7M | $1.8B | ||
| Q2 25 | $6.1M | $2.1B | ||
| Q1 25 | $87.9M | $1.9B | ||
| Q4 24 | $87.3M | $1.4B | ||
| Q3 24 | $59.0M | $922.0M | ||
| Q2 24 | $82.7M | $853.0M |
毛利率AVTNEM
| Q1 26 | — | — | ||
| Q4 25 | 10.5% | — | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | 10.6% | — | ||
| Q1 25 | 11.1% | — | ||
| Q4 24 | 10.5% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 11.6% | — |
营业利润率AVTNEM
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 47.6% | ||
| Q3 25 | 2.4% | 45.4% | ||
| Q2 25 | 1.3% | 58.6% | ||
| Q1 25 | 2.7% | 49.3% | ||
| Q4 24 | 2.7% | 36.3% | ||
| Q3 24 | 2.5% | 23.0% | ||
| Q2 24 | 3.0% | 23.5% |
净利率AVTNEM
| Q1 26 | — | 26.0% | ||
| Q4 25 | 1.0% | 19.1% | ||
| Q3 25 | 0.9% | 33.2% | ||
| Q2 25 | 0.1% | 38.8% | ||
| Q1 25 | 1.7% | 37.7% | ||
| Q4 24 | 1.5% | 24.8% | ||
| Q3 24 | 1.1% | 20.0% | ||
| Q2 24 | 1.5% | 19.4% |
每股收益（稀释后）AVTNEM
| Q1 26 | — | $1.68 | ||
| Q4 25 | $0.75 | $1.19 | ||
| Q3 25 | $0.61 | $1.67 | ||
| Q2 25 | $0.09 | $1.85 | ||
| Q1 25 | $1.01 | $1.68 | ||
| Q4 24 | $0.99 | $1.23 | ||
| Q3 24 | $0.66 | $0.80 | ||
| Q2 24 | $0.93 | $0.74 |
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 | $4.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.9B | $31.4B |
| 总资产 | $13.2B | $55.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AVTNEM
| Q1 26 | — | $4.7B | ||
| Q4 25 | $286.5M | $8.2B | ||
| Q3 25 | $175.5M | $6.0B | ||
| Q2 25 | $192.4M | $6.7B | ||
| Q1 25 | $188.9M | $4.7B | ||
| Q4 24 | $172.1M | $3.6B | ||
| Q3 24 | $267.5M | $3.1B | ||
| Q2 24 | $310.9M | $2.7B |
总债务AVTNEM
| Q1 26 | — | — | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $7.1B | ||
| Q1 25 | — | $7.5B | ||
| Q4 24 | — | $8.5B | ||
| Q3 24 | — | $8.6B | ||
| Q2 24 | — | $8.7B |
股东权益AVTNEM
| Q1 26 | — | $31.4B | ||
| Q4 25 | $4.9B | $33.9B | ||
| Q3 25 | $4.8B | $33.2B | ||
| Q2 25 | $5.0B | $32.1B | ||
| Q1 25 | $4.9B | $31.2B | ||
| Q4 24 | $4.8B | $29.9B | ||
| Q3 24 | $5.0B | $29.7B | ||
| Q2 24 | $4.9B | $29.4B |
总资产AVTNEM
| Q1 26 | — | $55.5B | ||
| Q4 25 | $13.2B | $57.1B | ||
| Q3 25 | $12.4B | $54.7B | ||
| Q2 25 | $12.1B | $55.2B | ||
| Q1 25 | $11.7B | $55.5B | ||
| Q4 24 | $11.9B | $56.3B | ||
| Q3 24 | $12.6B | $56.2B | ||
| Q2 24 | $12.2B | $55.7B |
负债/权益比AVTNEM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.22× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.30× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $192.9M | $1.2B |
| 自由现金流率自由现金流/营收 | 3.1% | 16.5% |
| 资本支出强度资本支出/营收 | 0.2% | 11.3% |
| 现金转化率经营现金流/净利润 | 3.37× | — |
| 过去12个月自由现金流最近4个季度 | $217.7M | $7.3B |
8季度趋势，按日历期对齐
经营现金流AVTNEM
| Q1 26 | — | — | ||
| Q4 25 | $208.2M | $3.6B | ||
| Q3 25 | $-144.6M | $2.3B | ||
| Q2 25 | $139.5M | $2.4B | ||
| Q1 25 | $140.9M | $2.0B | ||
| Q4 24 | $337.8M | $2.5B | ||
| Q3 24 | $106.3M | $1.6B | ||
| Q2 24 | $274.3M | $1.4B |
自由现金流AVTNEM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $192.9M | $2.8B | ||
| Q3 25 | $-169.2M | $1.6B | ||
| Q2 25 | $79.9M | $1.7B | ||
| Q1 25 | $114.1M | $1.2B | ||
| Q4 24 | $308.5M | $1.6B | ||
| Q3 24 | $74.5M | $771.0M | ||
| Q2 24 | $248.0M | $628.0M |
自由现金流率AVTNEM
| Q1 26 | — | 16.5% | ||
| Q4 25 | 3.1% | 41.3% | ||
| Q3 25 | -2.9% | 28.4% | ||
| Q2 25 | 1.4% | 32.2% | ||
| Q1 25 | 2.1% | 24.1% | ||
| Q4 24 | 5.4% | 28.9% | ||
| Q3 24 | 1.3% | 16.7% | ||
| Q2 24 | 4.5% | 14.3% |
资本支出强度AVTNEM
| Q1 26 | — | 11.3% | ||
| Q4 25 | 0.2% | 11.9% | ||
| Q3 25 | 0.4% | 13.2% | ||
| Q2 25 | 1.1% | 12.7% | ||
| Q1 25 | 0.5% | 16.5% | ||
| Q4 24 | 0.5% | 15.5% | ||
| Q3 24 | 0.6% | 19.0% | ||
| Q2 24 | 0.5% | 18.2% |
现金转化率AVTNEM
| Q1 26 | — | — | ||
| Q4 25 | 3.37× | 2.78× | ||
| Q3 25 | -2.79× | 1.25× | ||
| Q2 25 | 22.91× | 1.16× | ||
| Q1 25 | 1.60× | 1.07× | ||
| Q4 24 | 3.87× | 1.79× | ||
| Q3 24 | 1.80× | 1.79× | ||
| Q2 24 | 3.32× | 1.67× |
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% |
NEM
| Consolidated gold sales, net | $6.0B | 83% |
| Other | $506.0M | 7% |
| Consolidated copper sales, net | $354.0M | 5% |
| Consolidated silver sales, net | $188.0M | 3% |
| Consolidated zinc sales, net | $181.0M | 2% |
| Consolidated lead sales, net | $42.0M | 1% |
