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巴诺书店（NE）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
泰瑞达的季度营收约是巴诺书店的1.4倍（$1.1B vs $764.4M），泰瑞达净利率更高（23.7% vs 11.3%，领先12.4%），泰瑞达同比增速更快（43.9% vs -17.6%），泰瑞达自由现金流更多（$218.8M vs $35.4M），过去两年泰瑞达的营收复合增速更高（34.4% vs 9.5%）
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
NE vs TER — 直观对比
营收规模更大
TER
是对方的1.4倍
$764.4M
营收增速更快
TER
高出61.5%
-17.6%
净利率更高
TER
高出12.4%
11.3%
自由现金流更多
TER
多$183.4M
$35.4M
两年增速更快
TER
近两年复合增速
9.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $764.4M | $1.1B |
| 净利润 | $86.6M | $257.2M |
| 毛利率 | — | 57.2% |
| 营业利润率 | 5.6% | 27.1% |
| 净利率 | 11.3% | 23.7% |
| 营收同比 | -17.6% | 43.9% |
| 净利润同比 | -10.4% | 75.9% |
| 每股收益（稀释后） | $0.54 | $1.62 |
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NETER
| Q4 25 | $764.4M | $1.1B | ||
| Q3 25 | $798.0M | $769.2M | ||
| Q2 25 | $848.7M | $651.8M | ||
| Q1 25 | $874.5M | $685.7M | ||
| Q4 24 | $927.3M | $752.9M | ||
| Q3 24 | $800.5M | $737.3M | ||
| Q2 24 | $692.8M | $729.9M | ||
| Q1 24 | $637.1M | $599.8M |
净利润NETER
| Q4 25 | $86.6M | $257.2M | ||
| Q3 25 | $-21.1M | $119.6M | ||
| Q2 25 | $42.9M | $78.4M | ||
| Q1 25 | $108.3M | $98.9M | ||
| Q4 24 | $96.6M | $146.3M | ||
| Q3 24 | $61.2M | $145.6M | ||
| Q2 24 | $195.0M | $186.3M | ||
| Q1 24 | $95.5M | $64.2M |
毛利率NETER
| Q4 25 | — | 57.2% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 57.2% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | — | 59.2% | ||
| Q2 24 | — | 58.3% | ||
| Q1 24 | — | 56.6% |
营业利润率NETER
| Q4 25 | 5.6% | 27.1% | ||
| Q3 25 | 6.3% | 18.9% | ||
| Q2 25 | 15.9% | 13.9% | ||
| Q1 25 | 21.4% | 17.6% | ||
| Q4 24 | 18.4% | 20.4% | ||
| Q3 24 | 14.4% | 20.6% | ||
| Q2 24 | 30.3% | 28.8% | ||
| Q1 24 | 16.9% | 13.0% |
净利率NETER
| Q4 25 | 11.3% | 23.7% | ||
| Q3 25 | -2.6% | 15.5% | ||
| Q2 25 | 5.1% | 12.0% | ||
| Q1 25 | 12.4% | 14.4% | ||
| Q4 24 | 10.4% | 19.4% | ||
| Q3 24 | 7.6% | 19.8% | ||
| Q2 24 | 28.1% | 25.5% | ||
| Q1 24 | 15.0% | 10.7% |
每股收益（稀释后）NETER
| Q4 25 | $0.54 | $1.62 | ||
| Q3 25 | $-0.13 | $0.75 | ||
| Q2 25 | $0.27 | $0.49 | ||
| Q1 25 | $0.67 | $0.61 | ||
| Q4 24 | $0.56 | $0.89 | ||
| Q3 24 | $0.40 | $0.89 | ||
| Q2 24 | $1.34 | $1.14 | ||
| Q1 24 | $0.66 | $0.40 |
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 | $471.4M | $293.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.5B | $2.8B |
| 总资产 | $7.5B | $4.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NETER
| Q4 25 | $471.4M | $293.8M | ||
| Q3 25 | $477.9M | $272.7M | ||
| Q2 25 | $338.2M | $339.3M | ||
| Q1 25 | $303.8M | $475.6M | ||
| Q4 24 | $247.3M | $553.4M | ||
| Q3 24 | $391.9M | $510.0M | ||
| Q2 24 | $162.9M | $421.9M | ||
| Q1 24 | $212.5M | $707.4M |
股东权益NETER
| Q4 25 | $4.5B | $2.8B | ||
| Q3 25 | $4.5B | $2.7B | ||
| Q2 25 | $4.6B | $2.8B | ||
| Q1 25 | $4.7B | $2.8B | ||
| Q4 24 | $4.7B | $2.8B | ||
| Q3 24 | $4.7B | $2.9B | ||
| Q2 24 | $4.0B | $2.7B | ||
| Q1 24 | $3.9B | $2.6B |
总资产NETER
| Q4 25 | $7.5B | $4.2B | ||
| Q3 25 | $7.6B | $4.0B | ||
| Q2 25 | $7.7B | $3.8B | ||
| Q1 25 | $7.9B | $3.7B | ||
| Q4 24 | $8.0B | $3.7B | ||
| Q3 24 | $8.0B | $3.8B | ||
| Q2 24 | $5.6B | $3.6B | ||
| Q1 24 | $5.4B | $3.4B |
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 | $187.1M | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $35.4M | $218.8M |
| 自由现金流率自由现金流/营收 | 4.6% | 20.2% |
| 资本支出强度资本支出/营收 | 19.9% | 5.8% |
| 现金转化率经营现金流/净利润 | 2.16× | 1.09× |
| 过去12个月自由现金流最近4个季度 | $432.2M | $450.4M |
8季度趋势，按日历期对齐
经营现金流NETER
| Q4 25 | $187.1M | $281.6M | ||
| Q3 25 | $277.1M | $49.0M | ||
| Q2 25 | $216.4M | $182.1M | ||
| Q1 25 | $271.1M | $161.6M | ||
| Q4 24 | $136.2M | $282.6M | ||
| Q3 24 | $283.8M | $166.3M | ||
| Q2 24 | $106.8M | $216.1M | ||
| Q1 24 | $128.7M | $7.3M |
自由现金流NETER
| Q4 25 | $35.4M | $218.8M | ||
| Q3 25 | $139.5M | $2.4M | ||
| Q2 25 | $99.8M | $131.7M | ||
| Q1 25 | $157.5M | $97.6M | ||
| Q4 24 | $-4.4M | $225.2M | ||
| Q3 24 | $156.8M | $114.4M | ||
| Q2 24 | $-34.3M | $171.2M | ||
| Q1 24 | $-37.9M | $-36.7M |
自由现金流率NETER
| Q4 25 | 4.6% | 20.2% | ||
| Q3 25 | 17.5% | 0.3% | ||
| Q2 25 | 11.8% | 20.2% | ||
| Q1 25 | 18.0% | 14.2% | ||
| Q4 24 | -0.5% | 29.9% | ||
| Q3 24 | 19.6% | 15.5% | ||
| Q2 24 | -4.9% | 23.5% | ||
| Q1 24 | -6.0% | -6.1% |
资本支出强度NETER
| Q4 25 | 19.9% | 5.8% | ||
| Q3 25 | 17.3% | 6.1% | ||
| Q2 25 | 13.7% | 7.7% | ||
| Q1 25 | 13.0% | 9.3% | ||
| Q4 24 | 15.2% | 7.6% | ||
| Q3 24 | 15.9% | 7.0% | ||
| Q2 24 | 20.4% | 6.1% | ||
| Q1 24 | 26.2% | 7.3% |
现金转化率NETER
| Q4 25 | 2.16× | 1.09× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | 5.05× | 2.32× | ||
| Q1 25 | 2.50× | 1.63× | ||
| Q4 24 | 1.41× | 1.93× | ||
| Q3 24 | 4.64× | 1.14× | ||
| Q2 24 | 0.55× | 1.16× | ||
| Q1 24 | 1.35× | 0.11× |
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
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
