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SM Energy Co（SM）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SM Energy Co的1.5倍（$1.1B vs $704.9M），泰瑞达同比增速更快（43.9% vs -17.3%），过去两年泰瑞达的营收复合增速更高（34.4% vs 12.2%）
SM能源公司是一家专注于油气勘探开发的能源企业，注册地位于美国特拉华州，总部设立在科罗拉多州丹佛市，业务围绕 hydrocarbon 资源的勘探布局，在能源勘探领域拥有成熟的运营经验。
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。
SM vs TER — 直观对比
营收规模更大
TER
是对方的1.5倍
$704.9M
营收增速更快
TER
高出61.2%
-17.3%
两年增速更快
TER
近两年复合增速
12.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $704.9M | $1.1B |
| 净利润 | — | $257.2M |
| 毛利率 | — | 57.2% |
| 营业利润率 | 25.9% | 27.1% |
| 净利率 | — | 23.7% |
| 营收同比 | -17.3% | 43.9% |
| 净利润同比 | — | 75.9% |
| 每股收益（稀释后） | $0.94 | $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SMTER
| Q4 25 | $704.9M | $1.1B | ||
| Q3 25 | $811.6M | $769.2M | ||
| Q2 25 | $792.9M | $651.8M | ||
| Q1 25 | $844.5M | $685.7M | ||
| Q4 24 | $852.0M | $752.9M | ||
| Q3 24 | $643.6M | $737.3M | ||
| Q2 24 | $634.6M | $729.9M | ||
| Q1 24 | $559.9M | $599.8M |
净利润SMTER
| Q4 25 | — | $257.2M | ||
| Q3 25 | $155.1M | $119.6M | ||
| Q2 25 | $201.7M | $78.4M | ||
| Q1 25 | $182.3M | $98.9M | ||
| Q4 24 | — | $146.3M | ||
| Q3 24 | $240.5M | $145.6M | ||
| Q2 24 | $210.3M | $186.3M | ||
| Q1 24 | $131.2M | $64.2M |
毛利率SMTER
| 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SMTER
| Q4 25 | 25.9% | 27.1% | ||
| Q3 25 | 30.4% | 18.9% | ||
| Q2 25 | 37.2% | 13.9% | ||
| Q1 25 | 32.7% | 17.6% | ||
| Q4 24 | 33.7% | 20.4% | ||
| Q3 24 | 51.4% | 20.6% | ||
| Q2 24 | 44.0% | 28.8% | ||
| Q1 24 | 31.9% | 13.0% |
净利率SMTER
| Q4 25 | — | 23.7% | ||
| Q3 25 | 19.1% | 15.5% | ||
| Q2 25 | 25.4% | 12.0% | ||
| Q1 25 | 21.6% | 14.4% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | 37.4% | 19.8% | ||
| Q2 24 | 33.1% | 25.5% | ||
| Q1 24 | 23.4% | 10.7% |
每股收益（稀释后）SMTER
| Q4 25 | $0.94 | $1.62 | ||
| Q3 25 | $1.35 | $0.75 | ||
| Q2 25 | $1.76 | $0.49 | ||
| Q1 25 | $1.59 | $0.61 | ||
| Q4 24 | $1.63 | $0.89 | ||
| Q3 24 | $2.09 | $0.89 | ||
| Q2 24 | $1.82 | $1.14 | ||
| Q1 24 | $1.13 | $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 | $368.0M | $293.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.8B | $2.8B |
| 总资产 | $9.3B | $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SMTER
| Q4 25 | $368.0M | $293.8M | ||
| Q3 25 | $162.3M | $272.7M | ||
| Q2 25 | $101.9M | $339.3M | ||
| Q1 25 | $54.0K | $475.6M | ||
| Q4 24 | — | $553.4M | ||
| Q3 24 | $1.7B | $510.0M | ||
| Q2 24 | $487.9M | $421.9M | ||
| Q1 24 | $506.3M | $707.4M |
股东权益SMTER
| Q4 25 | $4.8B | $2.8B | ||
| Q3 25 | $4.7B | $2.7B | ||
| Q2 25 | $4.6B | $2.8B | ||
| Q1 25 | $4.4B | $2.8B | ||
| Q4 24 | $4.2B | $2.8B | ||
| Q3 24 | $4.1B | $2.9B | ||
| Q2 24 | $3.8B | $2.7B | ||
| Q1 24 | $3.7B | $2.6B |
总资产SMTER
| Q4 25 | $9.3B | $4.2B | ||
| Q3 25 | $9.1B | $4.0B | ||
| Q2 25 | $9.0B | $3.8B | ||
| Q1 25 | $8.8B | $3.7B | ||
| Q4 24 | $8.6B | $3.7B | ||
| Q3 24 | $8.0B | $3.8B | ||
| Q2 24 | $6.7B | $3.6B | ||
| Q1 24 | $6.4B | $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 | $451.9M | $281.6M |
| 自由现金流经营现金流 - 资本支出 | — | $218.8M |
| 自由现金流率自由现金流/营收 | — | 20.2% |
| 资本支出强度资本支出/营收 | — | 5.8% |
| 现金转化率经营现金流/净利润 | — | 1.09× |
| 过去12个月自由现金流最近4个季度 | — | $450.4M |
8季度趋势，按日历期对齐
经营现金流SMTER
| Q4 25 | $451.9M | $281.6M | ||
| Q3 25 | $505.0M | $49.0M | ||
| Q2 25 | $571.1M | $182.1M | ||
| Q1 25 | $483.0M | $161.6M | ||
| Q4 24 | $578.4M | $282.6M | ||
| Q3 24 | $452.3M | $166.3M | ||
| Q2 24 | $476.4M | $216.1M | ||
| Q1 24 | $276.0M | $7.3M |
自由现金流SMTER
| Q4 25 | — | $218.8M | ||
| Q3 25 | — | $2.4M | ||
| Q2 25 | — | $131.7M | ||
| Q1 25 | — | $97.6M | ||
| Q4 24 | — | $225.2M | ||
| Q3 24 | — | $114.4M | ||
| Q2 24 | — | $171.2M | ||
| Q1 24 | — | $-36.7M |
自由现金流率SMTER
| Q4 25 | — | 20.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 20.2% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 15.5% | ||
| Q2 24 | — | 23.5% | ||
| Q1 24 | — | -6.1% |
资本支出强度SMTER
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 6.1% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 7.3% |
现金转化率SMTER
| Q4 25 | — | 1.09× | ||
| Q3 25 | 3.26× | 0.41× | ||
| Q2 25 | 2.83× | 2.32× | ||
| Q1 25 | 2.65× | 1.63× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | 1.88× | 1.14× | ||
| Q2 24 | 2.27× | 1.16× | ||
| Q1 24 | 2.10× | 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
SM
暂无分部数据
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% |
