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KLA Corporation（KLAC）与Ventas（VTR）财务数据对比。点击上方公司名可切换其他公司
KLA Corporation的季度营收约是Ventas的2.0倍（$3.3B vs $1.7B），KLA Corporation净利率更高（34.7% vs 3.6%，领先31.2%），Ventas同比增速更快（22.0% vs 7.2%），过去两年KLA Corporation的营收复合增速更高（18.2% vs 17.5%）
KLA Corporation是总部位于美国加利福尼亚州米尔皮塔斯的企业，主营晶圆制造设备，为半导体及相关纳米电子行业提供过程控制与良率管理系统，产品及服务覆盖晶圆、光罩、集成电路、封装生产从研发到批量制造的全流程。
Ventas是一家领先的医疗地产投资信托企业，旗下资产涵盖养老社区、医疗办公楼、生命科学研究设施及康复医疗中心等，主要在北美、英国地区运营，为医疗服务及生命科学机构提供专业物业解决方案。
KLAC vs VTR — 直观对比
营收规模更大
KLAC
是对方的2.0倍
$1.7B
营收增速更快
VTR
高出14.8%
7.2%
净利率更高
KLAC
高出31.2%
3.6%
两年增速更快
KLAC
近两年复合增速
17.5%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.7B |
| 净利润 | $1.1B | $59.0M |
| 毛利率 | 61.4% | — |
| 营业利润率 | — | — |
| 净利率 | 34.7% | 3.6% |
| 营收同比 | 7.2% | 22.0% |
| 净利润同比 | 39.0% | 19.0% |
| 每股收益（稀释后） | $8.68 | — |
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KLACVTR
| Q1 26 | — | $1.7B | ||
| Q4 25 | $3.3B | $1.6B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $3.2B | $1.4B | ||
| Q1 25 | $3.1B | $1.4B | ||
| Q4 24 | $3.1B | $1.3B | ||
| Q3 24 | $2.8B | $1.2B | ||
| Q2 24 | $2.6B | $1.2B |
净利润KLACVTR
| Q1 26 | — | $59.0M | ||
| Q4 25 | $1.1B | $73.0M | ||
| Q3 25 | $1.1B | $68.7M | ||
| Q2 25 | $1.2B | $71.5M | ||
| Q1 25 | $1.1B | $48.4M | ||
| Q4 24 | $824.5M | $58.7M | ||
| Q3 24 | $945.9M | $21.0M | ||
| Q2 24 | $836.4M | $21.2M |
毛利率KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | 61.4% | — | ||
| Q3 25 | 61.3% | — | ||
| Q2 25 | 62.0% | — | ||
| Q1 25 | 61.6% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 59.6% | — | ||
| Q2 24 | 60.7% | — |
营业利润率KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | — | 4.9% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | 41.9% | 3.0% | ||
| Q1 25 | 41.3% | 3.0% | ||
| Q4 24 | 31.6% | -0.0% | ||
| Q3 24 | 38.0% | 1.5% | ||
| Q2 24 | 36.8% | -1.6% |
净利率KLACVTR
| Q1 26 | — | 3.6% | ||
| Q4 25 | 34.7% | 4.7% | ||
| Q3 25 | 34.9% | 4.6% | ||
| Q2 25 | 37.9% | 5.0% | ||
| Q1 25 | 35.5% | 3.6% | ||
| Q4 24 | 26.8% | 4.6% | ||
| Q3 24 | 33.3% | 1.7% | ||
| Q2 24 | 32.6% | 1.8% |
每股收益（稀释后）KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | $8.68 | $0.15 | ||
| Q3 25 | $8.47 | $0.14 | ||
| Q2 25 | $9.04 | $0.15 | ||
| Q1 25 | $8.16 | $0.10 | ||
| Q4 24 | $6.16 | $0.13 | ||
| Q3 24 | $7.01 | $0.05 | ||
| Q2 24 | $6.16 | $0.05 |
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 | $2.5B | $183.6M |
| 总债务越低越好 | $5.9B | — |
| 股东权益账面价值 | $5.5B | $13.2B |
| 总资产 | $16.7B | $27.7B |
| 负债/权益比越低杠杆越低 | 1.08× | — |
8季度趋势，按日历期对齐
现金及短期投资KLACVTR
| Q1 26 | — | $183.6M | ||
| Q4 25 | $2.5B | $741.1M | ||
| Q3 25 | $1.9B | $188.6M | ||
| Q2 25 | $2.1B | $614.2M | ||
| Q1 25 | $1.9B | $182.3M | ||
| Q4 24 | $1.8B | $897.9M | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $2.0B | $557.1M |
总债务KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | $5.9B | $13.0B | ||
| Q3 25 | $5.9B | — | ||
| Q2 25 | $5.9B | — | ||
| Q1 25 | $5.9B | — | ||
| Q4 24 | $5.9B | $13.5B | ||
| Q3 24 | $5.9B | — | ||
| Q2 24 | $5.9B | — |
股东权益KLACVTR
| Q1 26 | — | $13.2B | ||
| Q4 25 | $5.5B | $12.5B | ||
| Q3 25 | $5.0B | $12.4B | ||
| Q2 25 | $4.7B | $11.5B | ||
| Q1 25 | $4.0B | $11.5B | ||
| Q4 24 | $3.6B | $10.8B | ||
| Q3 24 | $3.6B | $9.8B | ||
| Q2 24 | $3.4B | $9.6B |
总资产KLACVTR
| Q1 26 | — | $27.7B | ||
| Q4 25 | $16.7B | $27.6B | ||
| Q3 25 | $16.3B | $26.9B | ||
| Q2 25 | $16.1B | $26.5B | ||
| Q1 25 | $15.2B | $26.0B | ||
| Q4 24 | $15.0B | $26.2B | ||
| Q3 24 | $15.7B | $25.3B | ||
| Q2 24 | $15.4B | $24.5B |
负债/权益比KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | 1.08× | 1.04× | ||
| Q3 25 | 1.18× | — | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 1.47× | — | ||
| Q4 24 | 1.64× | 1.26× | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.75× | — |
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 | $1.4B | — |
| 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 | 38.3% | — |
| 资本支出强度资本支出/营收 | 3.2% | — |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | $4.4B | — |
8季度趋势，按日历期对齐
经营现金流KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $471.7M | ||
| Q3 25 | $1.2B | $378.6M | ||
| Q2 25 | $1.2B | $475.3M | ||
| Q1 25 | $1.1B | $321.1M | ||
| Q4 24 | $849.5M | $373.6M | ||
| Q3 24 | $995.2M | $353.7M | ||
| Q2 24 | $892.6M | $335.9M |
自由现金流KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $990.0M | — | ||
| Q4 24 | $757.2M | — | ||
| Q3 24 | $934.8M | — | ||
| Q2 24 | $831.9M | — |
自由现金流率KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | 38.3% | — | ||
| Q3 25 | 33.2% | — | ||
| Q2 25 | 33.5% | — | ||
| Q1 25 | 32.3% | — | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 32.9% | — | ||
| Q2 24 | 32.4% | — |
资本支出强度KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | — | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 2.4% | — |
现金转化率KLACVTR
| Q1 26 | — | — | ||
| Q4 25 | 1.19× | 6.46× | ||
| Q3 25 | 1.04× | 5.51× | ||
| Q2 25 | 0.97× | 6.65× | ||
| Q1 25 | 0.99× | 6.64× | ||
| Q4 24 | 1.03× | 6.36× | ||
| Q3 24 | 1.05× | 16.84× | ||
| Q2 24 | 1.07× | 15.87× |
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
KLAC
| Wafer Inspection | $1.6B | 48% |
| Services | $786.1M | 24% |
| Patterning | $696.2M | 21% |
| Specialty Semiconductor Process | $121.6M | 4% |
| PCB And Component Inspection | $80.3M | 2% |
| Other Revenue | $40.2M | 1% |
VTR
| Resident fees and services | $1.3B | 78% |
| Outpatient medical and research portfolio | $230.1M | 14% |
| Triple-net leased properties | $123.1M | 7% |
| Third-party capital management revenues | $4.4M | 0% |
