vs
KLA Corporation（KLAC）与永利度假村（WYNN）财务数据对比。点击上方公司名可切换其他公司
KLA Corporation的季度营收约是永利度假村的1.8倍（$3.3B vs $1.9B），KLA Corporation净利率更高（34.7% vs 5.4%，领先29.4%），KLA Corporation同比增速更快（7.2% vs 1.5%），KLA Corporation自由现金流更多（$1.3B vs $306.8M），过去两年KLA Corporation的营收复合增速更高（18.2% vs 0.1%）
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。
永利度假村是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店及博彩度假村的开发与运营。公司2002年由前梦幻度假村董事长兼首席执行官史蒂夫·永利创立，现任首席执行官为克雷格·比林斯，截至2020年已在全球布局6处优质物业。
KLAC vs WYNN — 直观对比
营收规模更大
KLAC
是对方的1.8倍
$1.9B
营收增速更快
KLAC
高出5.7%
1.5%
净利率更高
KLAC
高出29.4%
5.4%
自由现金流更多
KLAC
多$955.3M
$306.8M
两年增速更快
KLAC
近两年复合增速
0.1%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.9B |
| 净利润 | $1.1B | $100.0M |
| 毛利率 | 61.4% | — |
| 营业利润率 | — | 14.7% |
| 净利率 | 34.7% | 5.4% |
| 营收同比 | 7.2% | 1.5% |
| 净利润同比 | 39.0% | -63.9% |
| 每股收益（稀释后） | $8.68 | $0.96 |
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KLACWYNN
| Q4 25 | $3.3B | $1.9B | ||
| Q3 25 | $3.2B | $1.8B | ||
| Q2 25 | $3.2B | $1.7B | ||
| Q1 25 | $3.1B | $1.7B | ||
| Q4 24 | $3.1B | $1.8B | ||
| Q3 24 | $2.8B | $1.7B | ||
| Q2 24 | $2.6B | $1.7B | ||
| Q1 24 | $2.4B | $1.9B |
净利润KLACWYNN
| Q4 25 | $1.1B | $100.0M | ||
| Q3 25 | $1.1B | $88.3M | ||
| Q2 25 | $1.2B | $66.2M | ||
| Q1 25 | $1.1B | $72.7M | ||
| Q4 24 | $824.5M | $277.0M | ||
| Q3 24 | $945.9M | $-32.1M | ||
| Q2 24 | $836.4M | $111.9M | ||
| Q1 24 | $601.5M | $144.2M |
毛利率KLACWYNN
| 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% | — | ||
| Q1 24 | 57.9% | — |
营业利润率KLACWYNN
| Q4 25 | — | 14.7% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | 41.9% | 15.2% | ||
| Q1 25 | 41.3% | 15.8% | ||
| Q4 24 | 31.6% | 20.0% | ||
| Q3 24 | 38.0% | 7.9% | ||
| Q2 24 | 36.8% | 15.6% | ||
| Q1 24 | 29.7% | 19.5% |
净利率KLACWYNN
| Q4 25 | 34.7% | 5.4% | ||
| Q3 25 | 34.9% | 4.8% | ||
| Q2 25 | 37.9% | 3.8% | ||
| Q1 25 | 35.5% | 4.3% | ||
| Q4 24 | 26.8% | 15.1% | ||
| Q3 24 | 33.3% | -1.9% | ||
| Q2 24 | 32.6% | 6.5% | ||
| Q1 24 | 25.5% | 7.7% |
每股收益（稀释后）KLACWYNN
| Q4 25 | $8.68 | $0.96 | ||
| Q3 25 | $8.47 | $0.85 | ||
| Q2 25 | $9.04 | $0.64 | ||
| Q1 25 | $8.16 | $0.69 | ||
| Q4 24 | $6.16 | $2.43 | ||
| Q3 24 | $7.01 | $-0.29 | ||
| Q2 24 | $6.16 | $0.91 | ||
| Q1 24 | $4.43 | $1.30 |
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 | $1.5B |
| 总债务越低越好 | $5.9B | $10.5B |
| 股东权益账面价值 | $5.5B | $-275.5M |
| 总资产 | $16.7B | $13.1B |
| 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KLACWYNN
| Q4 25 | $2.5B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $2.0B | $2.4B | ||
| Q2 24 | $2.0B | $2.4B | ||
| Q1 24 | $1.8B | $2.4B |
总债务KLACWYNN
| Q4 25 | $5.9B | $10.5B | ||
| Q3 25 | $5.9B | $10.6B | ||
| Q2 25 | $5.9B | $10.5B | ||
| Q1 25 | $5.9B | $10.6B | ||
| Q4 24 | $5.9B | $10.5B | ||
| Q3 24 | $5.9B | $11.8B | ||
| Q2 24 | $5.9B | $11.0B | ||
| Q1 24 | $5.9B | $11.2B |
股东权益KLACWYNN
| Q4 25 | $5.5B | $-275.5M | ||
| Q3 25 | $5.0B | $-370.0M | ||
| Q2 25 | $4.7B | $-441.5M | ||
| Q1 25 | $4.0B | $-360.7M | ||
| Q4 24 | $3.6B | $-224.2M | ||
| Q3 24 | $3.6B | $-281.4M | ||
| Q2 24 | $3.4B | $-109.8M | ||
| Q1 24 | $3.1B | $-137.0M |
总资产KLACWYNN
| Q4 25 | $16.7B | $13.1B | ||
| Q3 25 | $16.3B | $12.8B | ||
| Q2 25 | $16.1B | $12.7B | ||
| Q1 25 | $15.2B | $12.7B | ||
| Q4 24 | $15.0B | $13.0B | ||
| Q3 24 | $15.7B | $14.1B | ||
| Q2 24 | $15.4B | $13.3B | ||
| Q1 24 | $15.0B | $13.5B |
负债/权益比KLACWYNN
| Q4 25 | 1.08× | — | ||
| Q3 25 | 1.18× | — | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 1.47× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.75× | — | ||
| Q1 24 | 1.90× | — |
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 | $478.0M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $306.8M |
| 自由现金流率自由现金流/营收 | 38.3% | 16.4% |
| 资本支出强度资本支出/营收 | 3.2% | 9.2% |
| 现金转化率经营现金流/净利润 | 1.19× | 4.78× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $692.2M |
8季度趋势，按日历期对齐
经营现金流KLACWYNN
| Q4 25 | $1.4B | $478.0M | ||
| Q3 25 | $1.2B | $335.8M | ||
| Q2 25 | $1.2B | $405.1M | ||
| Q1 25 | $1.1B | $133.8M | ||
| Q4 24 | $849.5M | $479.0M | ||
| Q3 24 | $995.2M | $279.3M | ||
| Q2 24 | $892.6M | $352.8M | ||
| Q1 24 | $910.0M | $315.1M |
自由现金流KLACWYNN
| Q4 25 | $1.3B | $306.8M | ||
| Q3 25 | $1.1B | $171.8M | ||
| Q2 25 | $1.1B | $239.8M | ||
| Q1 25 | $990.0M | $-26.2M | ||
| Q4 24 | $757.2M | $351.8M | ||
| Q3 24 | $934.8M | $178.0M | ||
| Q2 24 | $831.9M | $259.1M | ||
| Q1 24 | $838.2M | $217.4M |
自由现金流率KLACWYNN
| Q4 25 | 38.3% | 16.4% | ||
| Q3 25 | 33.2% | 9.4% | ||
| Q2 25 | 33.5% | 13.8% | ||
| Q1 25 | 32.3% | -1.5% | ||
| Q4 24 | 24.6% | 19.1% | ||
| Q3 24 | 32.9% | 10.5% | ||
| Q2 24 | 32.4% | 15.0% | ||
| Q1 24 | 35.5% | 11.7% |
资本支出强度KLACWYNN
| Q4 25 | 3.2% | 9.2% | ||
| Q3 25 | 3.0% | 8.9% | ||
| Q2 25 | 3.2% | 9.5% | ||
| Q1 25 | 2.7% | 9.4% | ||
| Q4 24 | 3.0% | 6.9% | ||
| Q3 24 | 2.1% | 6.0% | ||
| Q2 24 | 2.4% | 5.4% | ||
| Q1 24 | 3.0% | 5.2% |
现金转化率KLACWYNN
| Q4 25 | 1.19× | 4.78× | ||
| Q3 25 | 1.04× | 3.80× | ||
| Q2 25 | 0.97× | 6.12× | ||
| Q1 25 | 0.99× | 1.84× | ||
| Q4 24 | 1.03× | 1.73× | ||
| Q3 24 | 1.05× | — | ||
| Q2 24 | 1.07× | 3.15× | ||
| Q1 24 | 1.51× | 2.18× |
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% |
WYNN
| Casino | $1.1B | 61% |
| Occupancy | $305.1M | 16% |
| Food And Beverage | $264.9M | 14% |
| Entertainment Retail And Other | $152.6M | 8% |
