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格罗方德（GFS）与StoneX Group Inc.（SNEX）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StoneX Group Inc.的1.4倍（$1.7B vs $1.2B），格罗方德净利率更高（14.8% vs 11.6%，领先3.2%），StoneX Group Inc.同比增速更快（81.0% vs -2.9%），过去两年StoneX Group Inc.的营收复合增速更高（53.5% 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。
StoneX集团是美国知名金融服务企业，核心业务覆盖商业套期保值、全球支付、证券、实物大宗商品、外汇，以及清算与执行服务六大板块，可为全球各类客户提供专业合规的多元化金融服务。
GFS vs SNEX — 直观对比
营收规模更大
GFS
是对方的1.4倍
$1.2B
营收增速更快
SNEX
高出84.0%
-2.9%
净利率更高
GFS
高出3.2%
11.6%
两年增速更快
SNEX
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.2B |
| 净利润 | $249.0M | $139.0M |
| 毛利率 | 24.8% | — |
| 营业利润率 | 11.6% | 15.4% |
| 净利率 | 14.8% | 11.6% |
| 营收同比 | -2.9% | 81.0% |
| 净利润同比 | 39.9% | 63.3% |
| 每股收益（稀释后） | $0.44 | $2.50 |
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GFSSNEX
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.7B | $32.7B | ||
| Q2 25 | $1.7B | $851.2M | ||
| Q1 25 | $1.6B | $820.4M | ||
| Q4 24 | — | $663.1M | ||
| Q3 24 | $1.7B | $31.1B | ||
| Q2 24 | $1.6B | $571.8M | ||
| Q1 24 | $1.5B | $509.2M |
净利润GFSSNEX
| Q4 25 | — | $139.0M | ||
| Q3 25 | $249.0M | $85.7M | ||
| Q2 25 | $228.0M | $63.4M | ||
| Q1 25 | $211.0M | $71.7M | ||
| Q4 24 | — | $85.1M | ||
| Q3 24 | $178.0M | $76.7M | ||
| Q2 24 | $155.0M | $61.9M | ||
| Q1 24 | $134.0M | $53.1M |
毛利率GFSSNEX
| Q4 25 | — | — | ||
| Q3 25 | 24.8% | 3.7% | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 22.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 23.8% | 3.0% | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 25.4% | — |
营业利润率GFSSNEX
| Q4 25 | — | 15.4% | ||
| Q3 25 | 11.6% | 0.3% | ||
| Q2 25 | 11.6% | -1.3% | ||
| Q1 25 | 9.5% | -1.0% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | 10.6% | -0.0% | ||
| Q2 24 | 9.5% | -4.7% | ||
| Q1 24 | 9.5% | -2.5% |
净利率GFSSNEX
| Q4 25 | — | 11.6% | ||
| Q3 25 | 14.8% | 0.3% | ||
| Q2 25 | 13.5% | 7.4% | ||
| Q1 25 | 13.3% | 8.7% | ||
| Q4 24 | — | 12.8% | ||
| Q3 24 | 10.2% | 0.2% | ||
| Q2 24 | 9.5% | 10.8% | ||
| Q1 24 | 8.7% | 10.4% |
每股收益（稀释后）GFSSNEX
| Q4 25 | — | $2.50 | ||
| Q3 25 | $0.44 | $0.72 | ||
| Q2 25 | $0.41 | $1.22 | ||
| Q1 25 | $0.38 | $1.41 | ||
| Q4 24 | — | $1.69 | ||
| Q3 24 | $0.32 | $2.32 | ||
| Q2 24 | $0.28 | $1.25 | ||
| Q1 24 | $0.24 | $1.09 |
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 | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.8B | $2.5B |
| 总资产 | $16.7B | $47.8B |
| 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GFSSNEX
| Q4 25 | — | $1.6B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $2.3B | $1.3B | ||
| Q2 24 | $2.2B | $1.2B | ||
| Q1 24 | $2.2B | $1.3B |
股东权益GFSSNEX
| Q4 25 | — | $2.5B | ||
| Q3 25 | $11.8B | $2.4B | ||
| Q2 25 | $11.5B | $2.0B | ||
| Q1 25 | $11.1B | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $11.6B | $1.7B | ||
| Q2 24 | $11.3B | $1.6B | ||
| Q1 24 | $11.3B | $1.5B |
总资产GFSSNEX
| Q4 25 | — | $47.8B | ||
| Q3 25 | $16.7B | $45.3B | ||
| Q2 25 | $16.8B | $34.3B | ||
| Q1 25 | $16.5B | $31.3B | ||
| Q4 24 | — | $29.6B | ||
| Q3 24 | $18.1B | $27.5B | ||
| Q2 24 | — | $25.9B | ||
| Q1 24 | — | $25.7B |
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 | $-1.3B |
| 自由现金流经营现金流 - 资本支出 | — | $-1.3B |
| 自由现金流率自由现金流/营收 | — | -106.4% |
| 资本支出强度资本支出/营收 | — | 1.3% |
| 现金转化率经营现金流/净利润 | 2.39× | -9.08× |
| 过去12个月自由现金流最近4个季度 | — | $3.5B |
8季度趋势，按日历期对齐
经营现金流GFSSNEX
| Q4 25 | — | $-1.3B | ||
| Q3 25 | $595.0M | $3.5B | ||
| Q2 25 | $431.0M | $1.5B | ||
| Q1 25 | $331.0M | $-154.5M | ||
| Q4 24 | — | $-477.8M | ||
| Q3 24 | $375.0M | $192.6M | ||
| Q2 24 | $402.0M | $-622.1M | ||
| Q1 24 | $488.0M | $784.0M |
自由现金流GFSSNEX
| Q4 25 | — | $-1.3B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $-169.8M | ||
| Q4 24 | — | $-491.4M | ||
| Q3 24 | — | $175.9M | ||
| Q2 24 | — | $-640.5M | ||
| Q1 24 | — | $766.6M |
自由现金流率GFSSNEX
| Q4 25 | — | -106.4% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 173.3% | ||
| Q1 25 | — | -20.7% | ||
| Q4 24 | — | -74.1% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | -112.0% | ||
| Q1 24 | — | 150.5% |
资本支出强度GFSSNEX
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 3.4% |
现金转化率GFSSNEX
| Q4 25 | — | -9.08× | ||
| Q3 25 | 2.39× | 41.18× | ||
| Q2 25 | 1.89× | 23.52× | ||
| Q1 25 | 1.57× | -2.15× | ||
| Q4 24 | — | -5.61× | ||
| Q3 24 | 2.11× | 2.51× | ||
| Q2 24 | 2.59× | -10.05× | ||
| Q1 24 | 3.64× | 14.76× |
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% |
SNEX
暂无分部数据
