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威世（VSH）与WESTERN ALLIANCE BANCORPORATION（WAL）财务数据对比。点击上方公司名可切换其他公司
WESTERN ALLIANCE BANCORPORATION的季度营收约是威世的1.3倍（$1.0B vs $800.9M），WESTERN ALLIANCE BANCORPORATION净利率更高（18.6% vs 0.1%，领先18.4%），WESTERN ALLIANCE BANCORPORATION同比增速更快（31.0% vs 12.1%），过去两年WESTERN ALLIANCE BANCORPORATION的营收复合增速更高（14.9% vs 3.6%）
威世（Vishay Intertechnology）是美国知名的分立半导体与被动电子元器件制造商，由企业家菲利克斯·赞德曼创立。公司在以色列、亚洲、欧洲、美洲均设有生产基地，产品覆盖整流器、二极管、MOSFET、光电器件、精选集成电路、电阻器、电容器、电感器等品类，2024年营收达29亿美元，全球全职员工约2.27万人。
Western Alliance Bancorporation是总部位于美国菲尼克斯的区域性银行控股公司，长期深耕美国本土区域金融服务市场，目前已跻身美国最大银行行列，在福布斯发布的美国最佳银行榜单中排名第97位。
VSH vs WAL — 直观对比
营收规模更大
WAL
是对方的1.3倍
$800.9M
营收增速更快
WAL
高出18.9%
12.1%
净利率更高
WAL
高出18.4%
0.1%
两年增速更快
WAL
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $800.9M | $1.0B |
| 净利润 | $986.0K | $189.2M |
| 毛利率 | 19.6% | — |
| 营业利润率 | 1.8% | — |
| 净利率 | 0.1% | 18.6% |
| 营收同比 | 12.1% | 31.0% |
| 净利润同比 | 101.5% | -5.0% |
| 每股收益（稀释后） | $0.01 | $1.65 |
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VSHWAL
| Q1 26 | — | $1.0B | ||
| Q4 25 | $800.9M | $980.9M | ||
| Q3 25 | $790.6M | $938.2M | ||
| Q2 25 | $762.3M | $845.9M | ||
| Q1 25 | $715.2M | $778.0M | ||
| Q4 24 | $714.7M | $838.4M | ||
| Q3 24 | $735.4M | $823.1M | ||
| Q2 24 | $741.2M | $771.8M |
净利润VSHWAL
| Q1 26 | — | $189.2M | ||
| Q4 25 | $986.0K | $286.1M | ||
| Q3 25 | $-7.9M | $253.4M | ||
| Q2 25 | $2.0M | $230.4M | ||
| Q1 25 | $-4.1M | $199.1M | ||
| Q4 24 | $-66.1M | $216.9M | ||
| Q3 24 | $-19.3M | $199.8M | ||
| Q2 24 | $23.5M | $193.6M |
毛利率VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | — | ||
| Q3 25 | 19.5% | — | ||
| Q2 25 | 19.5% | — | ||
| Q1 25 | 19.0% | — | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 20.5% | — | ||
| Q2 24 | 22.0% | — |
营业利润率VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 36.3% | ||
| Q3 25 | 2.4% | 33.4% | ||
| Q2 25 | 2.9% | 34.4% | ||
| Q1 25 | 0.1% | 31.7% | ||
| Q4 24 | -7.9% | 30.9% | ||
| Q3 24 | -2.5% | 30.6% | ||
| Q2 24 | 5.1% | 32.1% |
净利率VSHWAL
| Q1 26 | — | 18.6% | ||
| Q4 25 | 0.1% | 29.2% | ||
| Q3 25 | -1.0% | 27.0% | ||
| Q2 25 | 0.3% | 27.2% | ||
| Q1 25 | -0.6% | 25.6% | ||
| Q4 24 | -9.2% | 25.9% | ||
| Q3 24 | -2.6% | 24.3% | ||
| Q2 24 | 3.2% | 25.1% |
每股收益（稀释后）VSHWAL
| Q1 26 | — | $1.65 | ||
| Q4 25 | $0.01 | $2.59 | ||
| Q3 25 | $-0.06 | $2.28 | ||
| Q2 25 | $0.01 | $2.07 | ||
| Q1 25 | $-0.03 | $1.79 | ||
| Q4 24 | $-0.48 | $1.94 | ||
| Q3 24 | $-0.14 | $1.80 | ||
| Q2 24 | $0.17 | $1.75 |
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 | $515.0M | — |
| 总债务越低越好 | $950.9M | $4.3B |
| 股东权益账面价值 | $2.1B | $7.9B |
| 总资产 | $4.2B | $98.9B |
| 负债/权益比越低杠杆越低 | 0.46× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | $515.0M | — | ||
| Q3 25 | $443.9M | — | ||
| Q2 25 | $473.9M | — | ||
| Q1 25 | $609.4M | — | ||
| Q4 24 | $590.3M | — | ||
| Q3 24 | $643.8M | — | ||
| Q2 24 | $672.7M | — |
总债务VSHWAL
| Q1 26 | — | $4.3B | ||
| Q4 25 | $950.9M | $1.4B | ||
| Q3 25 | $919.7M | $2.9B | ||
| Q2 25 | $914.5M | $2.9B | ||
| Q1 25 | $988.2M | $1.6B | ||
| Q4 24 | $905.0M | $2.4B | ||
| Q3 24 | $820.8M | $1.4B | ||
| Q2 24 | $820.6M | $436.0M |
股东权益VSHWAL
| Q1 26 | — | $7.9B | ||
| Q4 25 | $2.1B | $7.7B | ||
| Q3 25 | $2.1B | $7.4B | ||
| Q2 25 | $2.1B | $7.1B | ||
| Q1 25 | $2.0B | $6.9B | ||
| Q4 24 | $2.0B | $6.7B | ||
| Q3 24 | $2.2B | $6.7B | ||
| Q2 24 | $2.2B | $6.3B |
总资产VSHWAL
| Q1 26 | — | $98.9B | ||
| Q4 25 | $4.2B | $92.8B | ||
| Q3 25 | $4.2B | $91.0B | ||
| Q2 25 | $4.2B | $86.7B | ||
| Q1 25 | $4.2B | $83.0B | ||
| Q4 24 | $4.1B | $80.9B | ||
| Q3 24 | $4.2B | $80.1B | ||
| Q2 24 | $4.2B | $80.6B |
负债/权益比VSHWAL
| Q1 26 | — | 0.54× | ||
| Q4 25 | 0.46× | 0.18× | ||
| Q3 25 | 0.44× | 0.39× | ||
| Q2 25 | 0.44× | 0.41× | ||
| Q1 25 | 0.49× | 0.23× | ||
| Q4 24 | 0.45× | 0.36× | ||
| Q3 24 | 0.38× | 0.21× | ||
| Q2 24 | 0.38× | 0.07× |
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 | $149.4M | — |
| 自由现金流经营现金流 - 资本支出 | $54.6M | — |
| 自由现金流率自由现金流/营收 | 6.8% | — |
| 资本支出强度资本支出/营收 | 11.8% | — |
| 现金转化率经营现金流/净利润 | 151.48× | — |
| 过去12个月自由现金流最近4个季度 | $-89.0M | — |
8季度趋势，按日历期对齐
经营现金流VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | $149.4M | $-2.7B | ||
| Q3 25 | $27.6M | $-597.4M | ||
| Q2 25 | $-8.8M | $-357.7M | ||
| Q1 25 | $16.1M | $-1.7B | ||
| Q4 24 | $67.7M | $-2.7B | ||
| Q3 24 | $50.6M | $-1.1B | ||
| Q2 24 | $-24.7M | $-745.8M |
自由现金流VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | $54.6M | — | ||
| Q3 25 | $-24.7M | — | ||
| Q2 25 | $-73.4M | — | ||
| Q1 25 | $-45.5M | — | ||
| Q4 24 | $-77.2M | — | ||
| Q3 24 | $-9.0M | — | ||
| Q2 24 | $-87.3M | — |
自由现金流率VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | -3.1% | — | ||
| Q2 25 | -9.6% | — | ||
| Q1 25 | -6.4% | — | ||
| Q4 24 | -10.8% | — | ||
| Q3 24 | -1.2% | — | ||
| Q2 24 | -11.8% | — |
资本支出强度VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | 11.8% | — | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | 8.5% | — | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 20.3% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 8.4% | — |
现金转化率VSHWAL
| Q1 26 | — | — | ||
| Q4 25 | 151.48× | -9.36× | ||
| Q3 25 | — | -2.36× | ||
| Q2 25 | -4.39× | -1.55× | ||
| Q1 25 | — | -8.31× | ||
| Q4 24 | — | -12.64× | ||
| Q3 24 | — | -5.35× | ||
| Q2 24 | -1.05× | -3.85× |
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
VSH
| Resistors Segment | $189.4M | 24% |
| Diodes Segment | $154.2M | 19% |
| Capacitors Segment | $136.5M | 17% |
| Other | $126.4M | 16% |
| Inductors Segment | $92.6M | 12% |
| Optoelectronic Components Segment | $55.7M | 7% |
| EMS Companies | $51.6M | 6% |
WAL
暂无分部数据
