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微芯科技（MCHP）与NEXSTAR MEDIA GROUP, INC.（NXST）财务数据对比。点击上方公司名可切换其他公司
NEXSTAR MEDIA GROUP, INC.的季度营收约是微芯科技的1.1倍（$1.3B vs $1.2B），微芯科技净利率更高（5.3% vs -12.9%，领先18.2%），微芯科技同比增速更快（15.6% vs -13.4%），微芯科技自由现金流更多（$318.9M vs $136.0M），过去两年NEXSTAR MEDIA GROUP, INC.的营收复合增速更高（0.2% vs -5.4%）
微芯科技（Microchip Technology）是美国知名上市半导体企业，主营微控制器、混合信号芯片、模拟芯片及闪存知识产权（Flash-IP）相关集成电路的研发、生产与销售，产品覆盖工业控制、汽车电子、消费电子、物联网等众多领域，在全球半导体细分市场拥有领先地位。
Nexstar Media Group, Inc.是美国上市传媒企业，总部设于得克萨斯州欧文、曼哈顿中城及芝加哥，1996年6月17日成立。作为美国规模最大的电视台运营商，集团在全美共拥有197家电视台，多数为美国四大广播电视网及MyNetworkTV附属台，覆盖从纽约到得州圣安杰洛等不同规模的市场。
MCHP vs NXST — 直观对比
营收规模更大
NXST
是对方的1.1倍
$1.2B
营收增速更快
MCHP
高出29.0%
-13.4%
净利率更高
MCHP
高出18.2%
-12.9%
自由现金流更多
MCHP
多$182.9M
$136.0M
两年增速更快
NXST
近两年复合增速
-5.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.3B |
| 净利润 | $62.7M | $-166.0M |
| 毛利率 | 59.6% | — |
| 营业利润率 | 12.8% | 18.7% |
| 净利率 | 5.3% | -12.9% |
| 营收同比 | 15.6% | -13.4% |
| 净利润同比 | 217.0% | -168.6% |
| 每股收益（稀释后） | $0.06 | $-5.57 |
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MCHPNXST
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $970.5M | $1.2B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.2B | $1.3B | ||
| Q1 24 | $1.3B | $1.3B |
净利润MCHPNXST
| Q4 25 | $62.7M | $-166.0M | ||
| Q3 25 | $41.7M | $70.0M | ||
| Q2 25 | $-18.6M | $97.0M | ||
| Q1 25 | $-154.6M | $108.0M | ||
| Q4 24 | $-53.6M | $242.0M | ||
| Q3 24 | $78.4M | $187.0M | ||
| Q2 24 | $129.3M | $118.0M | ||
| Q1 24 | $154.7M | $175.0M |
毛利率MCHPNXST
| Q4 25 | 59.6% | — | ||
| Q3 25 | 55.9% | — | ||
| Q2 25 | 53.6% | — | ||
| Q1 25 | 51.6% | — | ||
| Q4 24 | 54.7% | — | ||
| Q3 24 | 57.4% | — | ||
| Q2 24 | 59.4% | — | ||
| Q1 24 | 59.6% | — |
营业利润率MCHPNXST
| Q4 25 | 12.8% | 18.7% | ||
| Q3 25 | 7.8% | 14.6% | ||
| Q2 25 | 3.0% | 17.3% | ||
| Q1 25 | -10.3% | 17.8% | ||
| Q4 24 | 3.0% | 28.1% | ||
| Q3 24 | 12.6% | 24.5% | ||
| Q2 24 | 17.7% | 18.9% | ||
| Q1 24 | 19.1% | 21.4% |
净利率MCHPNXST
| Q4 25 | 5.3% | -12.9% | ||
| Q3 25 | 3.7% | 5.8% | ||
| Q2 25 | -1.7% | 7.9% | ||
| Q1 25 | -15.9% | 8.8% | ||
| Q4 24 | -5.2% | 16.3% | ||
| Q3 24 | 6.7% | 13.7% | ||
| Q2 24 | 10.4% | 9.3% | ||
| Q1 24 | 11.7% | 13.6% |
每股收益（稀释后）MCHPNXST
| Q4 25 | $0.06 | $-5.57 | ||
| Q3 25 | $0.03 | $2.14 | ||
| Q2 25 | $-0.09 | $3.06 | ||
| Q1 25 | $-0.29 | $3.37 | ||
| Q4 24 | $-0.10 | $7.44 | ||
| Q3 24 | $0.14 | $5.27 | ||
| Q2 24 | $0.24 | $3.54 | ||
| Q1 24 | $0.29 | $5.16 |
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 | $250.7M | $280.0M |
| 总债务越低越好 | $5.4B | $6.3B |
| 股东权益账面价值 | $6.6B | $2.1B |
| 总资产 | $14.3B | $10.8B |
| 负债/权益比越低杠杆越低 | 0.82× | 3.07× |
8季度趋势，按日历期对齐
现金及短期投资MCHPNXST
| Q4 25 | $250.7M | $280.0M | ||
| Q3 25 | $236.8M | $236.0M | ||
| Q2 25 | $566.5M | $234.0M | ||
| Q1 25 | $771.7M | $253.0M | ||
| Q4 24 | $586.0M | $144.0M | ||
| Q3 24 | $286.1M | $181.0M | ||
| Q2 24 | $315.1M | $146.0M | ||
| Q1 24 | $319.7M | $237.0M |
总债务MCHPNXST
| Q4 25 | $5.4B | $6.3B | ||
| Q3 25 | $5.4B | $6.4B | ||
| Q2 25 | $5.5B | $6.4B | ||
| Q1 25 | $5.6B | $6.5B | ||
| Q4 24 | $6.7B | $6.5B | ||
| Q3 24 | $6.4B | $6.7B | ||
| Q2 24 | $6.2B | $6.8B | ||
| Q1 24 | $6.0B | $6.8B |
股东权益MCHPNXST
| Q4 25 | $6.6B | $2.1B | ||
| Q3 25 | $6.7B | $2.3B | ||
| Q2 25 | $6.9B | $2.3B | ||
| Q1 25 | $7.1B | $2.2B | ||
| Q4 24 | $6.0B | $2.3B | ||
| Q3 24 | $6.3B | $2.2B | ||
| Q2 24 | $6.4B | $2.3B | ||
| Q1 24 | $6.7B | $2.3B |
总资产MCHPNXST
| Q4 25 | $14.3B | $10.8B | ||
| Q3 25 | $14.5B | $11.2B | ||
| Q2 25 | $15.0B | $11.3B | ||
| Q1 25 | $15.4B | $11.4B | ||
| Q4 24 | $15.6B | $11.5B | ||
| Q3 24 | $15.6B | $11.7B | ||
| Q2 24 | $15.8B | $11.8B | ||
| Q1 24 | $15.9B | $11.9B |
负债/权益比MCHPNXST
| Q4 25 | 0.82× | 3.07× | ||
| Q3 25 | 0.80× | 2.78× | ||
| Q2 25 | 0.80× | 2.83× | ||
| Q1 25 | 0.80× | 2.89× | ||
| Q4 24 | 1.12× | 2.89× | ||
| Q3 24 | 1.02× | 3.02× | ||
| Q2 24 | 0.96× | 2.99× | ||
| Q1 24 | 0.90× | 2.93× |
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 | $341.4M | $190.0M |
| 自由现金流经营现金流 - 资本支出 | $318.9M | $136.0M |
| 自由现金流率自由现金流/营收 | 26.9% | 10.6% |
| 资本支出强度资本支出/营收 | 1.9% | 4.2% |
| 现金转化率经营现金流/净利润 | 5.44× | — |
| 过去12个月自由现金流最近4个季度 | $819.9M | $743.0M |
8季度趋势，按日历期对齐
经营现金流MCHPNXST
| Q4 25 | $341.4M | $190.0M | ||
| Q3 25 | $88.1M | $117.0M | ||
| Q2 25 | $275.6M | $247.0M | ||
| Q1 25 | $205.9M | $337.0M | ||
| Q4 24 | $271.5M | $411.0M | ||
| Q3 24 | $43.6M | $387.0M | ||
| Q2 24 | $377.1M | $176.0M | ||
| Q1 24 | $430.0M | $276.0M |
自由现金流MCHPNXST
| Q4 25 | $318.9M | $136.0M | ||
| Q3 25 | $51.6M | $87.0M | ||
| Q2 25 | $257.7M | $218.0M | ||
| Q1 25 | $191.7M | $302.0M | ||
| Q4 24 | $253.4M | $376.0M | ||
| Q3 24 | $22.8M | $358.0M | ||
| Q2 24 | $304.2M | $139.0M | ||
| Q1 24 | $389.9M | $232.0M |
自由现金流率MCHPNXST
| Q4 25 | 26.9% | 10.6% | ||
| Q3 25 | 4.5% | 7.3% | ||
| Q2 25 | 24.0% | 17.7% | ||
| Q1 25 | 19.8% | 24.5% | ||
| Q4 24 | 24.7% | 25.3% | ||
| Q3 24 | 2.0% | 26.2% | ||
| Q2 24 | 24.5% | 11.0% | ||
| Q1 24 | 29.4% | 18.1% |
资本支出强度MCHPNXST
| Q4 25 | 1.9% | 4.2% | ||
| Q3 25 | 3.2% | 2.5% | ||
| Q2 25 | 1.7% | 2.4% | ||
| Q1 25 | 1.5% | 2.8% | ||
| Q4 24 | 1.8% | 2.4% | ||
| Q3 24 | 1.8% | 2.1% | ||
| Q2 24 | 5.9% | 2.9% | ||
| Q1 24 | 3.0% | 3.4% |
现金转化率MCHPNXST
| Q4 25 | 5.44× | — | ||
| Q3 25 | 2.11× | 1.67× | ||
| Q2 25 | — | 2.55× | ||
| Q1 25 | — | 3.12× | ||
| Q4 24 | — | 1.70× | ||
| Q3 24 | 0.56× | 2.07× | ||
| Q2 24 | 2.92× | 1.49× | ||
| Q1 24 | 2.78× | 1.58× |
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
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
NXST
| Distribution Service | $704.0M | 55% |
| Advertising | $491.0M | 38% |
| Other | $78.0M | 6% |
| Corporate | $3.0M | 0% |
