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景顺（IVZ）与Qorvo, Inc.（QRVO）财务数据对比。点击上方公司名可切换其他公司
景顺的季度营收约是Qorvo, Inc.的1.7倍（$1.7B vs $993.0M），Qorvo, Inc.净利率更高（16.5% vs -58.9%，领先75.4%），Qorvo, Inc.同比增速更快（8.4% vs 6.2%），景顺自由现金流更多（$432.2M vs $236.9M），过去两年景顺的营收复合增速更高（7.1% vs 2.7%）
景顺是总部位于美国佐治亚州亚特兰大的独立投资管理企业，在全球20个国家设有分支机构，旗下运营景顺、Invesco Perpetual、PowerShares等品牌，普通股为标普500指数成分股，于纽约证券交易所挂牌交易。
Qorvo是一家美国跨国企业，专注于无线、有线及电源市场相关产品的研发与供应。该公司由TriQuint半导体与RF Micro Devices合并而来，合并计划于2014年公布，2015年1月1日正式完成，在纳斯达克挂牌上市，股票代码QRVO，原实行双总部制，2016年中起将北卡罗来纳州基地作为总部所在地。
IVZ vs QRVO — 直观对比
营收规模更大
IVZ
是对方的1.7倍
$993.0M
营收增速更快
QRVO
高出2.1%
6.2%
净利率更高
QRVO
高出75.4%
-58.9%
自由现金流更多
IVZ
多$195.3M
$236.9M
两年增速更快
IVZ
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $993.0M |
| 净利润 | $-995.9M | $164.1M |
| 毛利率 | — | 46.7% |
| 营业利润率 | -86.2% | 19.4% |
| 净利率 | -58.9% | 16.5% |
| 营收同比 | 6.2% | 8.4% |
| 净利润同比 | -575.8% | 297.5% |
| 每股收益（稀释后） | $-2.61 | $1.75 |
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IVZQRVO
| Q4 25 | $1.7B | $993.0M | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.5B | $818.8M | ||
| Q1 25 | $1.5B | $869.5M | ||
| Q4 24 | $1.6B | $916.3M | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.5B | $886.7M | ||
| Q1 24 | $1.5B | $941.0M |
净利润IVZQRVO
| Q4 25 | $-995.9M | $164.1M | ||
| Q3 25 | $356.4M | $119.6M | ||
| Q2 25 | $197.4M | $25.6M | ||
| Q1 25 | $171.1M | $31.4M | ||
| Q4 24 | $209.3M | $41.3M | ||
| Q3 24 | $55.0M | $-17.4M | ||
| Q2 24 | $132.2M | $414.0K | ||
| Q1 24 | $141.5M | $2.7M |
毛利率IVZQRVO
| Q4 25 | — | 46.7% | ||
| Q3 25 | — | 47.0% | ||
| Q2 25 | — | 40.5% | ||
| Q1 25 | — | 42.2% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 42.6% | ||
| Q2 24 | — | 37.5% | ||
| Q1 24 | — | 40.6% |
营业利润率IVZQRVO
| Q4 25 | -86.2% | 19.4% | ||
| Q3 25 | 16.5% | 14.9% | ||
| Q2 25 | 14.1% | 3.7% | ||
| Q1 25 | 18.1% | 3.2% | ||
| Q4 24 | 19.6% | 5.8% | ||
| Q3 24 | 6.6% | 0.9% | ||
| Q2 24 | 13.9% | 0.5% | ||
| Q1 24 | 14.4% | 3.2% |
净利率IVZQRVO
| Q4 25 | -58.9% | 16.5% | ||
| Q3 25 | 21.7% | 11.3% | ||
| Q2 25 | 13.0% | 3.1% | ||
| Q1 25 | 11.2% | 3.6% | ||
| Q4 24 | 13.1% | 4.5% | ||
| Q3 24 | 3.6% | -1.7% | ||
| Q2 24 | 8.9% | 0.0% | ||
| Q1 24 | 9.6% | 0.3% |
每股收益（稀释后）IVZQRVO
| Q4 25 | $-2.61 | $1.75 | ||
| Q3 25 | $0.66 | $1.28 | ||
| Q2 25 | $-0.03 | $0.27 | ||
| Q1 25 | $0.38 | $0.33 | ||
| Q4 24 | $0.46 | $0.43 | ||
| Q3 24 | $0.12 | $-0.18 | ||
| Q2 24 | $0.29 | $0.00 | ||
| Q1 24 | $0.31 | $0.04 |
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 | $1.0B | $1.3B |
| 总债务越低越好 | $1.8B | $1.5B |
| 股东权益账面价值 | $12.2B | $3.7B |
| 总资产 | $27.1B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.15× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资IVZQRVO
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $973.1M | $1.1B | ||
| Q2 25 | $922.7M | $1.2B | ||
| Q1 25 | $821.7M | $1.0B | ||
| Q4 24 | $986.5M | $769.4M | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $878.5M | $1.1B | ||
| Q1 24 | $895.7M | $1.0B |
总债务IVZQRVO
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $964.8M | $1.5B | ||
| Q4 24 | $890.6M | $1.5B | ||
| Q3 24 | $890.3M | $1.5B | ||
| Q2 24 | $890.1M | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
股东权益IVZQRVO
| Q4 25 | $12.2B | $3.7B | ||
| Q3 25 | $14.0B | $3.5B | ||
| Q2 25 | $13.9B | $3.4B | ||
| Q1 25 | $14.7B | $3.4B | ||
| Q4 24 | $14.6B | $3.4B | ||
| Q3 24 | $14.8B | $3.4B | ||
| Q2 24 | $14.6B | $3.5B | ||
| Q1 24 | $14.6B | $3.6B |
总资产IVZQRVO
| Q4 25 | $27.1B | $6.2B | ||
| Q3 25 | $28.4B | $6.1B | ||
| Q2 25 | $28.5B | $6.0B | ||
| Q1 25 | $28.1B | $5.9B | ||
| Q4 24 | $27.0B | $6.0B | ||
| Q3 24 | $27.5B | $6.5B | ||
| Q2 24 | $27.2B | $6.4B | ||
| Q1 24 | $28.1B | $6.6B |
负债/权益比IVZQRVO
| Q4 25 | 0.15× | 0.42× | ||
| Q3 25 | 0.12× | 0.44× | ||
| Q2 25 | 0.14× | 0.45× | ||
| Q1 25 | 0.07× | 0.46× | ||
| Q4 24 | 0.06× | 0.46× | ||
| Q3 24 | 0.06× | 0.45× | ||
| Q2 24 | 0.06× | 0.44× | ||
| Q1 24 | 0.09× | 0.44× |
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 | $455.8M | $265.4M |
| 自由现金流经营现金流 - 资本支出 | $432.2M | $236.9M |
| 自由现金流率自由现金流/营收 | 25.5% | 23.9% |
| 资本支出强度资本支出/营收 | 1.4% | 2.9% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $595.2M |
8季度趋势，按日历期对齐
经营现金流IVZQRVO
| Q4 25 | $455.8M | $265.4M | ||
| Q3 25 | $606.2M | $84.0M | ||
| Q2 25 | $547.9M | $182.9M | ||
| Q1 25 | $-84.6M | $199.2M | ||
| Q4 24 | $316.9M | $214.1M | ||
| Q3 24 | $438.4M | $127.8M | ||
| Q2 24 | $489.1M | $81.1M | ||
| Q1 24 | $-54.4M | — |
自由现金流IVZQRVO
| Q4 25 | $432.2M | $236.9M | ||
| Q3 25 | $586.4M | $42.2M | ||
| Q2 25 | $530.4M | $145.4M | ||
| Q1 25 | $-108.0M | $170.7M | ||
| Q4 24 | $309.9M | $176.2M | ||
| Q3 24 | $410.0M | $94.8M | ||
| Q2 24 | $462.4M | $42.9M | ||
| Q1 24 | $-75.4M | — |
自由现金流率IVZQRVO
| Q4 25 | 25.5% | 23.9% | ||
| Q3 25 | 35.7% | 4.0% | ||
| Q2 25 | 35.0% | 17.8% | ||
| Q1 25 | -7.1% | 19.6% | ||
| Q4 24 | 19.5% | 19.2% | ||
| Q3 24 | 27.1% | 9.1% | ||
| Q2 24 | 31.2% | 4.8% | ||
| Q1 24 | -5.1% | — |
资本支出强度IVZQRVO
| Q4 25 | 1.4% | 2.9% | ||
| Q3 25 | 1.2% | 3.9% | ||
| Q2 25 | 1.2% | 4.6% | ||
| Q1 25 | 1.5% | 3.3% | ||
| Q4 24 | 0.4% | 4.1% | ||
| Q3 24 | 1.9% | 3.2% | ||
| Q2 24 | 1.8% | 4.3% | ||
| Q1 24 | 1.4% | — |
现金转化率IVZQRVO
| Q4 25 | — | 1.62× | ||
| Q3 25 | 1.70× | 0.70× | ||
| Q2 25 | 2.78× | 7.15× | ||
| Q1 25 | -0.49× | 6.35× | ||
| Q4 24 | 1.51× | 5.19× | ||
| Q3 24 | 7.97× | — | ||
| Q2 24 | 3.70× | 195.86× | ||
| Q1 24 | -0.38× | — |
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
IVZ
| Investment Advice | $1.2B | 73% |
| Distribution And Shareholder Service | $382.7M | 23% |
| Financial Service Other | $51.0M | 3% |
| Investment Performance | $28.9M | 2% |
QRVO
| ACG | $690.8M | 70% |
| HPA | $190.9M | 19% |
| CSG | $111.3M | 11% |
