vs
格罗方德（GFS）与PORTLAND GENERAL ELECTRIC CO（POR）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PORTLAND GENERAL ELECTRIC CO的1.9倍（$1.7B vs $889.0M），格罗方德净利率更高（14.8% vs 4.6%，领先10.1%），PORTLAND GENERAL ELECTRIC CO同比增速更快（7.9% vs -2.9%），过去两年PORTLAND GENERAL ELECTRIC CO的营收复合增速更高（-2.2% vs -4.3%）
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。
波特兰通用电气（简称PGE）是财富1000强上市能源企业，总部位于美国俄勒冈州波特兰，业务覆盖发电、输电、配电全链路，为俄勒冈州近三分之二的工商业活动提供电力服务，受俄勒冈州公用事业委员会监管，前身为1888年成立的威拉米特瀑布电气公司。
GFS vs POR — 直观对比
营收规模更大
GFS
是对方的1.9倍
$889.0M
营收增速更快
POR
高出10.8%
-2.9%
净利率更高
GFS
高出10.1%
4.6%
两年增速更快
POR
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $889.0M |
| 净利润 | $249.0M | $41.0M |
| 毛利率 | 24.8% | — |
| 营业利润率 | 11.6% | 10.7% |
| 净利率 | 14.8% | 4.6% |
| 营收同比 | -2.9% | 7.9% |
| 净利润同比 | 39.9% | 7.9% |
| 每股收益（稀释后） | $0.44 | $0.36 |
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GFSPOR
| Q4 25 | — | $889.0M | ||
| Q3 25 | $1.7B | $952.0M | ||
| Q2 25 | $1.7B | $807.0M | ||
| Q1 25 | $1.6B | $928.0M | ||
| Q4 24 | — | $824.0M | ||
| Q3 24 | $1.7B | $929.0M | ||
| Q2 24 | $1.6B | $758.0M | ||
| Q1 24 | $1.5B | $929.0M |
净利润GFSPOR
| Q4 25 | — | $41.0M | ||
| Q3 25 | $249.0M | $103.0M | ||
| Q2 25 | $228.0M | $62.0M | ||
| Q1 25 | $211.0M | $100.0M | ||
| Q4 24 | — | $38.0M | ||
| Q3 24 | $178.0M | $94.0M | ||
| Q2 24 | $155.0M | $72.0M | ||
| Q1 24 | $134.0M | $109.0M |
毛利率GFSPOR
| Q4 25 | — | — | ||
| Q3 25 | 24.8% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 22.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 25.4% | — |
营业利润率GFSPOR
| Q4 25 | — | 10.7% | ||
| Q3 25 | 11.6% | 18.3% | ||
| Q2 25 | 11.6% | 14.6% | ||
| Q1 25 | 9.5% | 18.1% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | 10.6% | 15.7% | ||
| Q2 24 | 9.5% | 15.3% | ||
| Q1 24 | 9.5% | 17.4% |
净利率GFSPOR
| Q4 25 | — | 4.6% | ||
| Q3 25 | 14.8% | 10.8% | ||
| Q2 25 | 13.5% | 7.7% | ||
| Q1 25 | 13.3% | 10.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | 10.2% | 10.1% | ||
| Q2 24 | 9.5% | 9.5% | ||
| Q1 24 | 8.7% | 11.7% |
每股收益（稀释后）GFSPOR
| Q4 25 | — | $0.36 | ||
| Q3 25 | $0.44 | $0.94 | ||
| Q2 25 | $0.41 | $0.56 | ||
| Q1 25 | $0.38 | $0.91 | ||
| Q4 24 | — | $0.34 | ||
| Q3 24 | $0.32 | $0.90 | ||
| Q2 24 | $0.28 | $0.69 | ||
| Q1 24 | $0.24 | $1.08 |
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 | $2.0B | — |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $11.8B | $4.1B |
| 总资产 | $16.7B | $13.2B |
| 负债/权益比越低杠杆越低 | — | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资GFSPOR
| Q4 25 | — | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — |
总债务GFSPOR
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.4B |
股东权益GFSPOR
| Q4 25 | — | $4.1B | ||
| Q3 25 | $11.8B | $4.0B | ||
| Q2 25 | $11.5B | $3.9B | ||
| Q1 25 | $11.1B | $3.8B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | $11.6B | $3.6B | ||
| Q2 24 | $11.3B | $3.5B | ||
| Q1 24 | $11.3B | $3.5B |
总资产GFSPOR
| Q4 25 | — | $13.2B | ||
| Q3 25 | $16.7B | $13.0B | ||
| Q2 25 | $16.8B | $12.7B | ||
| Q1 25 | $16.5B | $12.7B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | $18.1B | $11.9B | ||
| Q2 24 | — | $11.6B | ||
| Q1 24 | — | $11.6B |
负债/权益比GFSPOR
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.20× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.27× | ||
| Q1 24 | — | 1.28× |
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 | $595.0M | $148.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-142.0M |
| 自由现金流率自由现金流/营收 | — | -16.0% |
| 资本支出强度资本支出/营收 | — | 32.6% |
| 现金转化率经营现金流/净利润 | 2.39× | 3.61× |
| 过去12个月自由现金流最近4个季度 | — | $-71.0M |
8季度趋势，按日历期对齐
经营现金流GFSPOR
| Q4 25 | — | $148.0M | ||
| Q3 25 | $595.0M | $403.0M | ||
| Q2 25 | $431.0M | $336.0M | ||
| Q1 25 | $331.0M | $231.0M | ||
| Q4 24 | — | $170.0M | ||
| Q3 24 | $375.0M | $244.0M | ||
| Q2 24 | $402.0M | $189.0M | ||
| Q1 24 | $488.0M | $175.0M |
自由现金流GFSPOR
| Q4 25 | — | $-142.0M | ||
| Q3 25 | — | $100.0M | ||
| Q2 25 | — | $99.0M | ||
| Q1 25 | — | $-128.0M | ||
| Q4 24 | — | $-222.0M | ||
| Q3 24 | — | $-9.0M | ||
| Q2 24 | — | $-109.0M | ||
| Q1 24 | — | $-150.0M |
自由现金流率GFSPOR
| Q4 25 | — | -16.0% | ||
| Q3 25 | — | 10.5% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | -13.8% | ||
| Q4 24 | — | -26.9% | ||
| Q3 24 | — | -1.0% | ||
| Q2 24 | — | -14.4% | ||
| Q1 24 | — | -16.1% |
资本支出强度GFSPOR
| Q4 25 | — | 32.6% | ||
| Q3 25 | — | 31.8% | ||
| Q2 25 | — | 29.4% | ||
| Q1 25 | — | 38.7% | ||
| Q4 24 | — | 47.6% | ||
| Q3 24 | — | 27.2% | ||
| Q2 24 | — | 39.3% | ||
| Q1 24 | — | 35.0% |
现金转化率GFSPOR
| Q4 25 | — | 3.61× | ||
| Q3 25 | 2.39× | 3.91× | ||
| Q2 25 | 1.89× | 5.42× | ||
| Q1 25 | 1.57× | 2.31× | ||
| Q4 24 | — | 4.47× | ||
| Q3 24 | 2.11× | 2.60× | ||
| Q2 24 | 2.59× | 2.63× | ||
| Q1 24 | 3.64× | 1.61× |
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
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% |
POR
| Other | $507.0M | 57% |
| Commercial | $231.0M | 26% |
| Industrial | $140.0M | 16% |
| Direct Accesscustomers | $11.0M | 1% |
