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ADVANCE AUTO PARTS INC（AAP）与第一太阳能（FSLR）财务数据对比。点击上方公司名可切换其他公司
ADVANCE AUTO PARTS INC的季度营收约是第一太阳能的1.2倍（$2.0B vs $1.7B），第一太阳能净利率更高（31.0% vs 0.3%，领先30.6%），ADVANCE AUTO PARTS INC同比增速更快（130.1% vs 11.1%），第一太阳能自由现金流更多（$1.1B vs $-21.0M），过去两年第一太阳能的营收复合增速更高（45.6% vs -15.7%）
Advance Auto Parts是美国知名汽车售后零部件供应商，总部位于北卡罗来纳州罗利市，业务覆盖专业维修安装服务商与汽车 DIY 爱好者两大客群，可为不同需求的用户提供适配的汽车零配件产品及相关服务。
第一太阳能是美国上市光伏面板制造商，1990年成立时名为Solar Cells, Inc.，1999年被True North Partners收购后改为现名。公司采用碲化镉（CdTe）半导体技术生产刚性薄膜光伏面板，旗下所有生产基地均提供退役面板回收服务。
AAP vs FSLR — 直观对比
营收规模更大
AAP
是对方的1.2倍
$1.7B
营收增速更快
AAP
高出119.0%
11.1%
净利率更高
FSLR
高出30.6%
0.3%
自由现金流更多
FSLR
多$1.1B
$-21.0M
两年增速更快
FSLR
近两年复合增速
-15.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.7B |
| 净利润 | $6.0M | $520.9M |
| 毛利率 | 44.1% | 39.5% |
| 营业利润率 | 2.2% | 32.6% |
| 净利率 | 0.3% | 31.0% |
| 营收同比 | 130.1% | 11.1% |
| 净利润同比 | 101.4% | 32.5% |
| 每股收益（稀释后） | $0.10 | $4.84 |
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AAPFSLR
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $2.6B | $1.1B | ||
| Q1 25 | — | $844.6M | ||
| Q4 24 | $2.1B | $1.5B | ||
| Q3 24 | $2.2B | $887.7M | ||
| Q2 24 | $2.8B | $1.0B |
净利润AAPFSLR
| Q1 26 | $6.0M | — | ||
| Q4 25 | $-1.0M | $520.9M | ||
| Q3 25 | $15.0M | $455.9M | ||
| Q2 25 | $24.0M | $341.9M | ||
| Q1 25 | — | $209.5M | ||
| Q4 24 | $-6.0M | $393.1M | ||
| Q3 24 | $45.0M | $313.0M | ||
| Q2 24 | $40.0M | $349.4M |
毛利率AAPFSLR
| Q1 26 | 44.1% | — | ||
| Q4 25 | 43.3% | 39.5% | ||
| Q3 25 | 43.5% | 38.3% | ||
| Q2 25 | 42.9% | 45.6% | ||
| Q1 25 | — | 40.8% | ||
| Q4 24 | 42.3% | 37.5% | ||
| Q3 24 | 43.6% | 50.2% | ||
| Q2 24 | 43.4% | 49.4% |
营业利润率AAPFSLR
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.1% | 32.6% | ||
| Q3 25 | 1.1% | 29.2% | ||
| Q2 25 | -5.1% | 33.0% | ||
| Q1 25 | — | 26.2% | ||
| Q4 24 | — | 30.2% | ||
| Q3 24 | 2.5% | 36.3% | ||
| Q2 24 | 1.9% | 36.9% |
净利率AAPFSLR
| Q1 26 | 0.3% | — | ||
| Q4 25 | -0.0% | 31.0% | ||
| Q3 25 | 0.7% | 28.6% | ||
| Q2 25 | 0.9% | 31.2% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | -0.3% | 26.0% | ||
| Q3 24 | 2.1% | 35.3% | ||
| Q2 24 | 1.4% | 34.6% |
每股收益（稀释后）AAPFSLR
| Q1 26 | $0.10 | — | ||
| Q4 25 | $-0.02 | $4.84 | ||
| Q3 25 | $0.25 | $4.24 | ||
| Q2 25 | $0.40 | $3.18 | ||
| Q1 25 | — | $1.95 | ||
| Q4 24 | $-0.10 | $3.66 | ||
| Q3 24 | $0.75 | $2.91 | ||
| Q2 24 | $0.67 | $3.25 |
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 | $3.1B | $2.8B |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | $2.2B | $9.5B |
| 总资产 | $11.8B | $13.3B |
| 负债/权益比越低杠杆越低 | 1.55× | — |
8季度趋势，按日历期对齐
现金及短期投资AAPFSLR
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.2B | $2.8B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | — | $837.6M | ||
| Q4 24 | $464.5M | $1.6B | ||
| Q3 24 | $479.4M | $1.0B | ||
| Q2 24 | $451.0M | $1.7B |
总债务AAPFSLR
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.8B | — |
股东权益AAPFSLR
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $9.5B | ||
| Q3 25 | $2.2B | $9.0B | ||
| Q2 25 | $2.2B | $8.5B | ||
| Q1 25 | — | $8.2B | ||
| Q4 24 | $2.6B | $8.0B | ||
| Q3 24 | $2.6B | $7.6B | ||
| Q2 24 | $2.6B | $7.3B |
总资产AAPFSLR
| Q1 26 | $11.8B | — | ||
| Q4 25 | $12.1B | $13.3B | ||
| Q3 25 | $10.5B | $13.5B | ||
| Q2 25 | $10.6B | $12.9B | ||
| Q1 25 | — | $12.1B | ||
| Q4 24 | $12.5B | $12.1B | ||
| Q3 24 | $12.3B | $11.4B | ||
| Q2 24 | $12.2B | $11.0B |
负债/权益比AAPFSLR
| Q1 26 | 1.55× | — | ||
| Q4 25 | 1.55× | — | ||
| Q3 25 | 0.81× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.69× | — | ||
| Q3 24 | 0.69× | — | ||
| Q2 24 | 0.70× | — |
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 | $72.0M | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $-21.0M | $1.1B |
| 自由现金流率自由现金流/营收 | -1.1% | 63.6% |
| 资本支出强度资本支出/营收 | 4.7% | 10.2% |
| 现金转化率经营现金流/净利润 | 12.00× | 2.38× |
| 过去12个月自由现金流最近4个季度 | $-298.0M | $1.2B |
8季度趋势，按日历期对齐
经营现金流AAPFSLR
| Q1 26 | $72.0M | — | ||
| Q4 25 | $-12.0M | $1.2B | ||
| Q3 25 | $50.0M | $1.3B | ||
| Q2 25 | $-156.0M | $149.6M | ||
| Q1 25 | — | $-608.0M | ||
| Q4 24 | $70.0M | $811.0M | ||
| Q3 24 | $85.0M | $-53.7M | ||
| Q2 24 | $3.0M | $193.0M |
自由现金流AAPFSLR
| Q1 26 | $-21.0M | — | ||
| Q4 25 | $-76.0M | $1.1B | ||
| Q3 25 | $-3.0M | $1.1B | ||
| Q2 25 | $-198.0M | $-138.6M | ||
| Q1 25 | — | $-813.9M | ||
| Q4 24 | $27.0M | $497.5M | ||
| Q3 24 | $44.0M | $-487.7M | ||
| Q2 24 | $-43.0M | $-172.1M |
自由现金流率AAPFSLR
| Q1 26 | -1.1% | — | ||
| Q4 25 | -3.7% | 63.6% | ||
| Q3 25 | -0.1% | 67.1% | ||
| Q2 25 | -7.7% | -12.6% | ||
| Q1 25 | — | -96.4% | ||
| Q4 24 | 1.3% | 32.9% | ||
| Q3 24 | 2.0% | -54.9% | ||
| Q2 24 | -1.6% | -17.0% |
资本支出强度AAPFSLR
| Q1 26 | 4.7% | — | ||
| Q4 25 | 3.1% | 10.2% | ||
| Q3 25 | 2.6% | 12.8% | ||
| Q2 25 | 1.6% | 26.3% | ||
| Q1 25 | — | 24.4% | ||
| Q4 24 | 2.0% | 20.7% | ||
| Q3 24 | 1.9% | 48.9% | ||
| Q2 24 | 1.7% | 36.1% |
现金转化率AAPFSLR
| Q1 26 | 12.00× | — | ||
| Q4 25 | — | 2.38× | ||
| Q3 25 | 3.33× | 2.79× | ||
| Q2 25 | -6.50× | 0.44× | ||
| Q1 25 | — | -2.90× | ||
| Q4 24 | — | 2.06× | ||
| Q3 24 | 1.89× | -0.17× | ||
| Q2 24 | 0.07× | 0.55× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
