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Monolithic Power Systems（MPWR）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Monolithic Power Systems的1.6倍（$1.2B vs $751.2M），Monolithic Power Systems净利率更高（22.9% vs 9.1%，领先13.7%），Monolithic Power Systems同比增速更快（20.8% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $63.9M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs 6.3%）
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
MPWR vs RBA — 直观对比
营收规模更大
RBA
是对方的1.6倍
$751.2M
营收增速更快
MPWR
高出15.4%
5.4%
净利率更高
MPWR
高出13.7%
9.1%
自由现金流更多
RBA
多$122.6M
$63.9M
两年增速更快
MPWR
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $751.2M | $1.2B |
| 净利润 | $171.7M | $109.7M |
| 毛利率 | 55.2% | — |
| 营业利润率 | 26.6% | 14.7% |
| 净利率 | 22.9% | 9.1% |
| 营收同比 | 20.8% | 5.4% |
| 净利润同比 | -86.3% | -7.4% |
| 每股收益（稀释后） | $3.50 | $0.53 |
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MPWRRBA
| Q4 25 | $751.2M | $1.2B | ||
| Q3 25 | $737.2M | $1.1B | ||
| Q2 25 | $664.6M | $1.2B | ||
| Q1 25 | $637.6M | $1.1B | ||
| Q4 24 | $621.7M | $1.1B | ||
| Q3 24 | $620.1M | $981.8M | ||
| Q2 24 | $507.4M | $1.1B | ||
| Q1 24 | $457.9M | $1.1B |
净利润MPWRRBA
| Q4 25 | $171.7M | $109.7M | ||
| Q3 25 | $179.8M | $95.5M | ||
| Q2 25 | $135.0M | $109.8M | ||
| Q1 25 | $135.1M | $113.4M | ||
| Q4 24 | $1.3B | $118.5M | ||
| Q3 24 | $144.4M | $76.1M | ||
| Q2 24 | $100.4M | $111.1M | ||
| Q1 24 | $92.5M | $107.4M |
毛利率MPWRRBA
| Q4 25 | 55.2% | — | ||
| Q3 25 | 55.1% | — | ||
| Q2 25 | 55.1% | — | ||
| Q1 25 | 55.4% | — | ||
| Q4 24 | 55.4% | — | ||
| Q3 24 | 55.4% | — | ||
| Q2 24 | 55.3% | — | ||
| Q1 24 | 55.1% | — |
营业利润率MPWRRBA
| Q4 25 | 26.6% | 14.7% | ||
| Q3 25 | 26.5% | 14.5% | ||
| Q2 25 | 24.8% | 15.9% | ||
| Q1 25 | 26.5% | 17.1% | ||
| Q4 24 | 26.3% | 18.1% | ||
| Q3 24 | 26.5% | 15.6% | ||
| Q2 24 | 23.0% | 18.4% | ||
| Q1 24 | 20.9% | 18.7% |
净利率MPWRRBA
| Q4 25 | 22.9% | 9.1% | ||
| Q3 25 | 24.4% | 8.7% | ||
| Q2 25 | 20.3% | 9.3% | ||
| Q1 25 | 21.2% | 10.2% | ||
| Q4 24 | 201.8% | 10.4% | ||
| Q3 24 | 23.3% | 7.8% | ||
| Q2 24 | 19.8% | 10.1% | ||
| Q1 24 | 20.2% | 10.1% |
每股收益（稀释后）MPWRRBA
| Q4 25 | $3.50 | $0.53 | ||
| Q3 25 | $3.74 | $0.43 | ||
| Q2 25 | $2.81 | $0.53 | ||
| Q1 25 | $2.81 | $0.55 | ||
| Q4 24 | $25.71 | $0.58 | ||
| Q3 24 | $2.95 | $0.36 | ||
| Q2 24 | $2.05 | $0.54 | ||
| Q1 24 | $1.89 | $0.53 |
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 | $1.3B | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $3.5B | $5.6B |
| 总资产 | $4.2B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资MPWRRBA
| Q4 25 | $1.3B | $531.5M | ||
| Q3 25 | $1.3B | $674.7M | ||
| Q2 25 | $1.1B | $710.2M | ||
| Q1 25 | $1.0B | $578.1M | ||
| Q4 24 | $862.9M | $533.9M | ||
| Q3 24 | $1.5B | $650.7M | ||
| Q2 24 | $1.3B | $599.5M | ||
| Q1 24 | $1.3B | $462.8M |
总债务MPWRRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益MPWRRBA
| Q4 25 | $3.5B | $5.6B | ||
| Q3 25 | $3.4B | $5.5B | ||
| Q2 25 | $3.2B | $5.5B | ||
| Q1 25 | $3.1B | $5.3B | ||
| Q4 24 | $3.0B | $5.2B | ||
| Q3 24 | $2.4B | $5.2B | ||
| Q2 24 | $2.2B | $5.2B | ||
| Q1 24 | $2.1B | $5.1B |
总资产MPWRRBA
| Q4 25 | $4.2B | $12.1B | ||
| Q3 25 | $4.1B | $12.2B | ||
| Q2 25 | $3.9B | $12.2B | ||
| Q1 25 | $3.7B | $11.9B | ||
| Q4 24 | $3.5B | $11.8B | ||
| Q3 24 | $2.9B | $11.9B | ||
| Q2 24 | $2.6B | $12.1B | ||
| Q1 24 | $2.6B | $12.0B |
负债/权益比MPWRRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $104.9M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $63.9M | $186.5M |
| 自由现金流率自由现金流/营收 | 8.5% | 15.5% |
| 资本支出强度资本支出/营收 | 5.5% | 5.7% |
| 现金转化率经营现金流/净利润 | 0.61× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $666.2M | $719.2M |
8季度趋势，按日历期对齐
经营现金流MPWRRBA
| Q4 25 | $104.9M | $255.2M | ||
| Q3 25 | $239.3M | $239.7M | ||
| Q2 25 | $237.6M | $326.5M | ||
| Q1 25 | $256.4M | $156.8M | ||
| Q4 24 | $167.7M | $184.5M | ||
| Q3 24 | $231.7M | $285.4M | ||
| Q2 24 | $141.0M | $337.3M | ||
| Q1 24 | $248.1M | $124.8M |
自由现金流MPWRRBA
| Q4 25 | $63.9M | $186.5M | ||
| Q3 25 | $196.8M | $188.5M | ||
| Q2 25 | $189.5M | $241.7M | ||
| Q1 25 | $216.0M | $102.5M | ||
| Q4 24 | $102.9M | $127.9M | ||
| Q3 24 | $197.9M | $248.5M | ||
| Q2 24 | $109.5M | $308.6M | ||
| Q1 24 | $232.1M | $79.6M |
自由现金流率MPWRRBA
| Q4 25 | 8.5% | 15.5% | ||
| Q3 25 | 26.7% | 17.3% | ||
| Q2 25 | 28.5% | 20.4% | ||
| Q1 25 | 33.9% | 9.2% | ||
| Q4 24 | 16.5% | 11.2% | ||
| Q3 24 | 31.9% | 25.3% | ||
| Q2 24 | 21.6% | 28.2% | ||
| Q1 24 | 50.7% | 7.5% |
资本支出强度MPWRRBA
| Q4 25 | 5.5% | 5.7% | ||
| Q3 25 | 5.8% | 4.7% | ||
| Q2 25 | 7.2% | 7.2% | ||
| Q1 25 | 6.3% | 4.9% | ||
| Q4 24 | 10.4% | 5.0% | ||
| Q3 24 | 5.5% | 3.8% | ||
| Q2 24 | 6.2% | 2.6% | ||
| Q1 24 | 3.5% | 4.2% |
现金转化率MPWRRBA
| Q4 25 | 0.61× | 2.33× | ||
| Q3 25 | 1.33× | 2.51× | ||
| Q2 25 | 1.76× | 2.97× | ||
| Q1 25 | 1.90× | 1.38× | ||
| Q4 24 | 0.13× | 1.56× | ||
| Q3 24 | 1.60× | 3.75× | ||
| Q2 24 | 1.40× | 3.04× | ||
| Q1 24 | 2.68× | 1.16× |
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
MPWR
暂无分部数据
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
