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ADVANCE AUTO PARTS INC（AAP）与Sunrun Inc.（RUN）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Sunrun Inc.的1.7倍（$2.0B vs $1.2B），Sunrun Inc.净利率更高（8.9% vs 0.3%，领先8.6%），ADVANCE AUTO PARTS INC同比增速更快（130.1% vs 123.5%），过去两年Sunrun Inc.的营收复合增速更高（59.0% 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。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
AAP vs RUN — 直观对比
营收规模更大
AAP
是对方的1.7倍
$1.2B
营收增速更快
AAP
高出6.6%
123.5%
净利率更高
RUN
高出8.6%
0.3%
两年增速更快
RUN
近两年复合增速
-15.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.2B |
| 净利润 | $6.0M | $103.6M |
| 毛利率 | 44.1% | — |
| 营业利润率 | 2.2% | 8.4% |
| 净利率 | 0.3% | 8.9% |
| 营收同比 | 130.1% | 123.5% |
| 净利润同比 | 101.4% | 103.7% |
| 每股收益（稀释后） | $0.10 | $0.38 |
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AAPRUN
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.0B | $724.6M | ||
| Q2 25 | $2.6B | $569.3M | ||
| Q1 25 | — | $504.3M | ||
| Q4 24 | $2.1B | $518.5M | ||
| Q3 24 | $2.2B | $537.2M | ||
| Q2 24 | $2.8B | $523.9M |
净利润AAPRUN
| Q1 26 | $6.0M | — | ||
| Q4 25 | $-1.0M | $103.6M | ||
| Q3 25 | $15.0M | $16.6M | ||
| Q2 25 | $24.0M | $279.8M | ||
| Q1 25 | — | $50.0M | ||
| Q4 24 | $-6.0M | $-2.8B | ||
| Q3 24 | $45.0M | $-83.8M | ||
| Q2 24 | $40.0M | $139.1M |
毛利率AAPRUN
| Q1 26 | 44.1% | — | ||
| Q4 25 | 43.3% | — | ||
| Q3 25 | 43.5% | — | ||
| Q2 25 | 42.9% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 42.3% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 43.4% | — |
营业利润率AAPRUN
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.1% | 8.4% | ||
| Q3 25 | 1.1% | 0.5% | ||
| Q2 25 | -5.1% | -19.7% | ||
| Q1 25 | — | -22.8% | ||
| Q4 24 | — | -628.0% | ||
| Q3 24 | 2.5% | -23.8% | ||
| Q2 24 | 1.9% | -24.4% |
净利率AAPRUN
| Q1 26 | 0.3% | — | ||
| Q4 25 | -0.0% | 8.9% | ||
| Q3 25 | 0.7% | 2.3% | ||
| Q2 25 | 0.9% | 49.1% | ||
| Q1 25 | — | 9.9% | ||
| Q4 24 | -0.3% | -542.7% | ||
| Q3 24 | 2.1% | -15.6% | ||
| Q2 24 | 1.4% | 26.5% |
每股收益（稀释后）AAPRUN
| Q1 26 | $0.10 | — | ||
| Q4 25 | $-0.02 | $0.38 | ||
| Q3 25 | $0.25 | $0.06 | ||
| Q2 25 | $0.40 | $1.07 | ||
| Q1 25 | — | $0.20 | ||
| Q4 24 | $-0.10 | $-12.59 | ||
| Q3 24 | $0.75 | $-0.37 | ||
| Q2 24 | $0.67 | $0.55 |
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 | — |
| 总债务越低越好 | $3.4B | $14.7B |
| 股东权益账面价值 | $2.2B | $3.1B |
| 总资产 | $11.8B | $22.6B |
| 负债/权益比越低杠杆越低 | 1.55× | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资AAPRUN
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $464.5M | — | ||
| Q3 24 | $479.4M | — | ||
| Q2 24 | $451.0M | — |
总债务AAPRUN
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $14.7B | ||
| Q3 25 | $1.8B | $14.6B | ||
| Q2 25 | $1.8B | $14.0B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | $1.8B | $12.9B | ||
| Q3 24 | $1.8B | $12.5B | ||
| Q2 24 | $1.8B | $12.0B |
股东权益AAPRUN
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.2B | $3.0B | ||
| Q2 25 | $2.2B | $2.9B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | $2.6B | $2.6B | ||
| Q3 24 | $2.6B | $5.3B | ||
| Q2 24 | $2.6B | $5.4B |
总资产AAPRUN
| Q1 26 | $11.8B | — | ||
| Q4 25 | $12.1B | $22.6B | ||
| Q3 25 | $10.5B | $22.2B | ||
| Q2 25 | $10.6B | $21.2B | ||
| Q1 25 | — | $20.4B | ||
| Q4 24 | $12.5B | $19.9B | ||
| Q3 24 | $12.3B | $22.1B | ||
| Q2 24 | $12.2B | $21.4B |
负债/权益比AAPRUN
| Q1 26 | 1.55× | — | ||
| Q4 25 | 1.55× | 4.69× | ||
| Q3 25 | 0.81× | 4.90× | ||
| Q2 25 | 0.81× | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | 0.69× | 5.05× | ||
| Q3 24 | 0.69× | 2.36× | ||
| Q2 24 | 0.70× | 2.23× |
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 | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $-21.0M | — |
| 自由现金流率自由现金流/营收 | -1.1% | — |
| 资本支出强度资本支出/营收 | 4.7% | — |
| 现金转化率经营现金流/净利润 | 12.00× | 0.94× |
| 过去12个月自由现金流最近4个季度 | $-298.0M | — |
8季度趋势，按日历期对齐
经营现金流AAPRUN
| Q1 26 | $72.0M | — | ||
| Q4 25 | $-12.0M | $96.9M | ||
| Q3 25 | $50.0M | $-121.5M | ||
| Q2 25 | $-156.0M | $-292.7M | ||
| Q1 25 | — | $-104.2M | ||
| Q4 24 | $70.0M | $-258.4M | ||
| Q3 24 | $85.0M | $-156.2M | ||
| Q2 24 | $3.0M | $-208.5M |
自由现金流AAPRUN
| Q1 26 | $-21.0M | — | ||
| Q4 25 | $-76.0M | — | ||
| Q3 25 | $-3.0M | — | ||
| Q2 25 | $-198.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $27.0M | — | ||
| Q3 24 | $44.0M | $-156.4M | ||
| Q2 24 | $-43.0M | — |
自由现金流率AAPRUN
| Q1 26 | -1.1% | — | ||
| Q4 25 | -3.7% | — | ||
| Q3 25 | -0.1% | — | ||
| Q2 25 | -7.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 2.0% | -29.1% | ||
| Q2 24 | -1.6% | — |
资本支出强度AAPRUN
| Q1 26 | 4.7% | — | ||
| Q4 25 | 3.1% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 1.9% | 0.0% | ||
| Q2 24 | 1.7% | — |
现金转化率AAPRUN
| Q1 26 | 12.00× | — | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | 3.33× | -7.33× | ||
| Q2 25 | -6.50× | -1.05× | ||
| Q1 25 | — | -2.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 0.07× | -1.50× |
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
AAP
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
