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科慕（CC）与格罗方德（GFS）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是科慕的1.3倍（$1.7B vs $1.3B），格罗方德净利率更高（14.8% vs -3.5%，领先18.3%），科慕同比增速更快（-2.1% vs -2.9%），过去两年科慕的营收复合增速更高（-1.2% vs -4.3%）
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
CC vs GFS — 直观对比
营收规模更大
GFS
是对方的1.3倍
$1.3B
营收增速更快
CC
高出0.9%
-2.9%
净利率更高
GFS
高出18.3%
-3.5%
两年增速更快
CC
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.7B |
| 净利润 | $-47.0M | $249.0M |
| 毛利率 | 11.7% | 24.8% |
| 营业利润率 | — | 11.6% |
| 净利率 | -3.5% | 14.8% |
| 营收同比 | -2.1% | -2.9% |
| 净利润同比 | -261.5% | 39.9% |
| 每股收益（稀释后） | $-0.32 | $0.44 |
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CCGFS
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.6B | $1.7B | ||
| Q1 25 | $1.4B | $1.6B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | $1.7B | ||
| Q2 24 | $1.6B | $1.6B | ||
| Q1 24 | $1.4B | $1.5B |
净利润CCGFS
| Q4 25 | $-47.0M | — | ||
| Q3 25 | $46.0M | $249.0M | ||
| Q2 25 | $-380.0M | $228.0M | ||
| Q1 25 | $-5.0M | $211.0M | ||
| Q4 24 | $-13.0M | — | ||
| Q3 24 | $-32.0M | $178.0M | ||
| Q2 24 | $60.0M | $155.0M | ||
| Q1 24 | $54.0M | $134.0M |
毛利率CCGFS
| Q4 25 | 11.7% | — | ||
| Q3 25 | 15.6% | 24.8% | ||
| Q2 25 | 17.2% | 24.2% | ||
| Q1 25 | 17.3% | 22.4% | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | 19.0% | 23.8% | ||
| Q2 24 | 19.8% | 24.2% | ||
| Q1 24 | 20.9% | 25.4% |
营业利润率CCGFS
| Q4 25 | — | — | ||
| Q3 25 | 2.5% | 11.6% | ||
| Q2 25 | -15.4% | 11.6% | ||
| Q1 25 | — | 9.5% | ||
| Q4 24 | -0.1% | — | ||
| Q3 24 | -2.1% | 10.6% | ||
| Q2 24 | 4.4% | 9.5% | ||
| Q1 24 | 5.1% | 9.5% |
净利率CCGFS
| Q4 25 | -3.5% | — | ||
| Q3 25 | 3.1% | 14.8% | ||
| Q2 25 | -23.5% | 13.5% | ||
| Q1 25 | -0.4% | 13.3% | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | -2.1% | 10.2% | ||
| Q2 24 | 3.9% | 9.5% | ||
| Q1 24 | 4.0% | 8.7% |
每股收益（稀释后）CCGFS
| Q4 25 | $-0.32 | — | ||
| Q3 25 | $0.31 | $0.44 | ||
| Q2 25 | $-2.53 | $0.41 | ||
| Q1 25 | $-0.03 | $0.38 | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.22 | $0.32 | ||
| Q2 24 | $0.39 | $0.28 | ||
| Q1 24 | $0.36 | $0.24 |
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 | $670.0M | $2.0B |
| 总债务越低越好 | $4.1B | — |
| 股东权益账面价值 | $250.0M | $11.8B |
| 总资产 | $7.4B | $16.7B |
| 负债/权益比越低杠杆越低 | 16.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CCGFS
| Q4 25 | $670.0M | — | ||
| Q3 25 | $613.0M | $2.0B | ||
| Q2 25 | $502.0M | $1.8B | ||
| Q1 25 | $464.0M | $1.6B | ||
| Q4 24 | $713.0M | — | ||
| Q3 24 | $596.0M | $2.3B | ||
| Q2 24 | $604.0M | $2.2B | ||
| Q1 24 | $746.0M | $2.2B |
总债务CCGFS
| Q4 25 | $4.1B | — | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.1B | — | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.0B | — | ||
| Q1 24 | $4.0B | — |
股东权益CCGFS
| Q4 25 | $250.0M | — | ||
| Q3 25 | $274.0M | $11.8B | ||
| Q2 25 | $228.0M | $11.5B | ||
| Q1 25 | $566.0M | $11.1B | ||
| Q4 24 | $571.0M | — | ||
| Q3 24 | $643.0M | $11.6B | ||
| Q2 24 | $714.0M | $11.3B | ||
| Q1 24 | $753.0M | $11.3B |
总资产CCGFS
| Q4 25 | $7.4B | — | ||
| Q3 25 | $7.5B | $16.7B | ||
| Q2 25 | $7.5B | $16.8B | ||
| Q1 25 | $7.4B | $16.5B | ||
| Q4 24 | $7.5B | — | ||
| Q3 24 | $7.5B | $18.1B | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $8.0B | — |
负债/权益比CCGFS
| Q4 25 | 16.40× | — | ||
| Q3 25 | 14.96× | — | ||
| Q2 25 | 17.99× | — | ||
| Q1 25 | 7.18× | — | ||
| Q4 24 | 7.11× | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 5.53× | — | ||
| Q1 24 | 5.27× | — |
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 | $137.0M | $595.0M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | — |
| 自由现金流率自由现金流/营收 | 6.9% | — |
| 资本支出强度资本支出/营收 | 3.4% | — |
| 现金转化率经营现金流/净利润 | — | 2.39× |
| 过去12个月自由现金流最近4个季度 | $51.0M | — |
8季度趋势，按日历期对齐
经营现金流CCGFS
| Q4 25 | $137.0M | — | ||
| Q3 25 | $146.0M | $595.0M | ||
| Q2 25 | $93.0M | $431.0M | ||
| Q1 25 | $-112.0M | $331.0M | ||
| Q4 24 | $138.0M | — | ||
| Q3 24 | $139.0M | $375.0M | ||
| Q2 24 | $-620.0M | $402.0M | ||
| Q1 24 | $-290.0M | $488.0M |
自由现金流CCGFS
| Q4 25 | $92.0M | — | ||
| Q3 25 | $105.0M | — | ||
| Q2 25 | $50.0M | — | ||
| Q1 25 | $-196.0M | — | ||
| Q4 24 | $29.0M | — | ||
| Q3 24 | $63.0M | — | ||
| Q2 24 | $-693.0M | — | ||
| Q1 24 | $-392.0M | — |
自由现金流率CCGFS
| Q4 25 | 6.9% | — | ||
| Q3 25 | 7.0% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | -14.3% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 4.2% | — | ||
| Q2 24 | -44.6% | — | ||
| Q1 24 | -28.8% | — |
资本支出强度CCGFS
| Q4 25 | 3.4% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 7.5% | — |
现金转化率CCGFS
| Q4 25 | — | — | ||
| Q3 25 | 3.17× | 2.39× | ||
| Q2 25 | — | 1.89× | ||
| Q1 25 | — | 1.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.11× | ||
| Q2 24 | -10.33× | 2.59× | ||
| Q1 24 | -5.37× | 3.64× |
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
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
