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Avantor, Inc.（AVTR）与OPEN TEXT CORP（OTEX）财务数据对比。点击上方公司名可切换其他公司
Avantor, Inc.的季度营收约是OPEN TEXT CORP的1.3倍（$1.7B vs $1.3B），OPEN TEXT CORP净利率更高（12.7% vs 3.1%，领先9.5%），OPEN TEXT CORP同比增速更快（-0.6% vs -1.4%），OPEN TEXT CORP自由现金流更多（$279.4M vs $117.2M），过去两年Avantor, Inc.的营收复合增速更高（-0.5% vs -4.3%）
Avantor是一家总部位于美国宾夕法尼亚州拉德诺的生物技术、化工及制药领域企业，前身为1904年成立的J.T. Baker，2010年正式更名，2019年在纽约证券交易所挂牌上市，股票代码为AVTR，为全球生命科学、医疗健康等行业客户提供核心产品与服务。
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
AVTR vs OTEX — 直观对比
营收规模更大
AVTR
是对方的1.3倍
$1.3B
营收增速更快
OTEX
高出0.8%
-1.4%
净利率更高
OTEX
高出9.5%
3.1%
自由现金流更多
OTEX
多$162.2M
$117.2M
两年增速更快
AVTR
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.3B |
| 净利润 | $52.4M | $168.1M |
| 毛利率 | 31.5% | 74.0% |
| 营业利润率 | 7.6% | 22.0% |
| 净利率 | 3.1% | 12.7% |
| 营收同比 | -1.4% | -0.6% |
| 净利润同比 | -89.5% | -26.9% |
| 每股收益（稀释后） | $0.08 | $0.66 |
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AVTROTEX
| Q4 25 | $1.7B | $1.3B | ||
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | $1.7B | $1.4B |
净利润AVTROTEX
| Q4 25 | $52.4M | $168.1M | ||
| Q3 25 | $-711.8M | $146.6M | ||
| Q2 25 | $64.7M | $28.8M | ||
| Q1 25 | $64.5M | $92.8M | ||
| Q4 24 | $500.4M | $229.9M | ||
| Q3 24 | $57.8M | $84.4M | ||
| Q2 24 | $92.9M | $248.2M | ||
| Q1 24 | $60.4M | $98.3M |
毛利率AVTROTEX
| Q4 25 | 31.5% | 74.0% | ||
| Q3 25 | 32.4% | 72.8% | ||
| Q2 25 | 32.9% | 72.3% | ||
| Q1 25 | 33.8% | 71.6% | ||
| Q4 24 | 33.4% | 73.3% | ||
| Q3 24 | 32.9% | 71.7% | ||
| Q2 24 | 34.1% | 72.5% | ||
| Q1 24 | 34.0% | 73.0% |
营业利润率AVTROTEX
| Q4 25 | 7.6% | 22.0% | ||
| Q3 25 | -40.0% | 21.0% | ||
| Q2 25 | 7.7% | 13.9% | ||
| Q1 25 | 9.3% | 16.7% | ||
| Q4 24 | 37.8% | 22.2% | ||
| Q3 24 | 7.3% | 16.3% | ||
| Q2 24 | 10.3% | 14.2% | ||
| Q1 24 | 8.7% | 15.7% |
净利率AVTROTEX
| Q4 25 | 3.1% | 12.7% | ||
| Q3 25 | -43.8% | 11.4% | ||
| Q2 25 | 3.8% | 2.2% | ||
| Q1 25 | 4.1% | 7.4% | ||
| Q4 24 | 29.7% | 17.2% | ||
| Q3 24 | 3.4% | 6.6% | ||
| Q2 24 | 5.5% | 18.2% | ||
| Q1 24 | 3.6% | 6.8% |
每股收益（稀释后）AVTROTEX
| Q4 25 | $0.08 | $0.66 | ||
| Q3 25 | $-1.04 | $0.58 | ||
| Q2 25 | $0.09 | $0.11 | ||
| Q1 25 | $0.09 | $0.35 | ||
| Q4 24 | $0.73 | $0.87 | ||
| Q3 24 | $0.08 | $0.32 | ||
| Q2 24 | $0.14 | $0.91 | ||
| Q1 24 | $0.09 | $0.36 |
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 | $365.4M | $1.3B |
| 总债务越低越好 | $3.9B | $6.4B |
| 股东权益账面价值 | $5.6B | $4.0B |
| 总资产 | $11.8B | $13.6B |
| 负债/权益比越低杠杆越低 | 0.71× | 1.58× |
8季度趋势，按日历期对齐
现金及短期投资AVTROTEX
| Q4 25 | $365.4M | $1.3B | ||
| Q3 25 | $251.9M | $1.1B | ||
| Q2 25 | $449.4M | $1.2B | ||
| Q1 25 | $315.7M | $1.3B | ||
| Q4 24 | $261.9M | $1.1B | ||
| Q3 24 | $285.3M | $1.0B | ||
| Q2 24 | $272.6M | $1.3B | ||
| Q1 24 | $234.9M | $1.1B |
总债务AVTROTEX
| Q4 25 | $3.9B | $6.4B | ||
| Q3 25 | $3.9B | $6.4B | ||
| Q2 25 | $4.2B | $6.4B | ||
| Q1 25 | $4.1B | $6.4B | ||
| Q4 24 | $4.1B | $6.4B | ||
| Q3 24 | $4.9B | $6.4B | ||
| Q2 24 | $5.1B | $6.4B | ||
| Q1 24 | $5.3B | $8.4B |
股东权益AVTROTEX
| Q4 25 | $5.6B | $4.0B | ||
| Q3 25 | $5.6B | $4.0B | ||
| Q2 25 | $6.3B | $3.9B | ||
| Q1 25 | $6.1B | $4.1B | ||
| Q4 24 | $6.0B | $4.2B | ||
| Q3 24 | $5.6B | $4.1B | ||
| Q2 24 | $5.4B | $4.2B | ||
| Q1 24 | $5.3B | $4.1B |
总资产AVTROTEX
| Q4 25 | $11.8B | $13.6B | ||
| Q3 25 | $11.7B | $13.5B | ||
| Q2 25 | $12.8B | $13.8B | ||
| Q1 25 | $12.3B | $13.8B | ||
| Q4 24 | $12.1B | $13.7B | ||
| Q3 24 | $12.8B | $13.8B | ||
| Q2 24 | $12.7B | $14.2B | ||
| Q1 24 | $12.8B | $16.4B |
负债/权益比AVTROTEX
| Q4 25 | 0.71× | 1.58× | ||
| Q3 25 | 0.69× | 1.61× | ||
| Q2 25 | 0.67× | 1.62× | ||
| Q1 25 | 0.67× | 1.55× | ||
| Q4 24 | 0.68× | 1.51× | ||
| Q3 24 | 0.89× | 1.55× | ||
| Q2 24 | 0.94× | 1.52× | ||
| Q1 24 | 1.00× | 2.02× |
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 | $152.7M | $318.7M |
| 自由现金流经营现金流 - 资本支出 | $117.2M | $279.4M |
| 自由现金流率自由现金流/营收 | 7.0% | 21.1% |
| 资本支出强度资本支出/营收 | 2.1% | 3.0% |
| 现金转化率经营现金流/净利润 | 2.91× | 1.90× |
| 过去12个月自由现金流最近4个季度 | $495.0M | $878.5M |
8季度趋势，按日历期对齐
经营现金流AVTROTEX
| Q4 25 | $152.7M | $318.7M | ||
| Q3 25 | $207.4M | $147.8M | ||
| Q2 25 | $154.4M | $158.2M | ||
| Q1 25 | $109.3M | $402.2M | ||
| Q4 24 | $173.3M | $348.0M | ||
| Q3 24 | $244.8M | $-77.8M | ||
| Q2 24 | $281.1M | $185.2M | ||
| Q1 24 | $141.6M | $384.7M |
自由现金流AVTROTEX
| Q4 25 | $117.2M | $279.4M | ||
| Q3 25 | $171.7M | $101.2M | ||
| Q2 25 | $124.8M | $124.0M | ||
| Q1 25 | $81.3M | $373.8M | ||
| Q4 24 | $145.8M | $306.7M | ||
| Q3 24 | $204.0M | $-117.1M | ||
| Q2 24 | $235.3M | $145.2M | ||
| Q1 24 | $106.9M | $348.2M |
自由现金流率AVTROTEX
| Q4 25 | 7.0% | 21.1% | ||
| Q3 25 | 10.6% | 7.9% | ||
| Q2 25 | 7.4% | 9.5% | ||
| Q1 25 | 5.1% | 29.8% | ||
| Q4 24 | 8.6% | 23.0% | ||
| Q3 24 | 11.9% | -9.2% | ||
| Q2 24 | 13.8% | 10.7% | ||
| Q1 24 | 6.4% | 24.1% |
资本支出强度AVTROTEX
| Q4 25 | 2.1% | 3.0% | ||
| Q3 25 | 2.2% | 3.6% | ||
| Q2 25 | 1.8% | 2.6% | ||
| Q1 25 | 1.8% | 2.3% | ||
| Q4 24 | 1.6% | 3.1% | ||
| Q3 24 | 2.4% | 3.1% | ||
| Q2 24 | 2.7% | 2.9% | ||
| Q1 24 | 2.1% | 2.5% |
现金转化率AVTROTEX
| Q4 25 | 2.91× | 1.90× | ||
| Q3 25 | — | 1.01× | ||
| Q2 25 | 2.39× | 5.49× | ||
| Q1 25 | 1.69× | 4.33× | ||
| Q4 24 | 0.35× | 1.51× | ||
| Q3 24 | 4.24× | -0.92× | ||
| Q2 24 | 3.03× | 0.75× | ||
| Q1 24 | 2.34× | 3.91× |
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
AVTR
| Laboratory Solutions Segment | $1.1B | 67% |
| Bioscience Production Segment | $547.5M | 33% |
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
