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ASBURY AUTOMOTIVE GROUP INC（ABG）与潘世奇汽车集团（PAG）财务数据对比。点击上方公司名可切换其他公司
潘世奇汽车集团的季度营收约是ASBURY AUTOMOTIVE GROUP INC的1.9倍（$8.8B vs $4.7B）。潘世奇汽车集团净利率更高（2.6% vs 1.3%，领先1.3%）。潘世奇汽车集团同比增速更快（14.6% vs 3.8%）。过去两年潘世奇汽车集团的营收复合增速更高（9.0% vs 5.5%）
阿斯伯里汽车集团是一家总部位于亚特兰大地区的美国企业，1995年成立，业务覆盖美国多地的汽车经销领域，在2025年《财富》世界500强榜单中位列第242位，是美国汽车经销行业颇具规模的代表性企业。
潘世奇汽车集团（PAG）是总部位于美国密歇根州布卢姆菲尔德希尔斯的交通服务企业，主营汽车与商用卡车经销业务，覆盖美国、加拿大及西欧市场，同时在澳大利亚、新西兰分销商用车、发动机、动力系统及相关配件服务，还持有潘世奇运输解决方案公司28.9%的股份，后者管理超40万辆卡车的车队。
ABG vs PAG — 直观对比
营收规模更大
PAG
是对方的1.9倍
$4.7B
营收增速更快
PAG
高出10.8%
3.8%
净利率更高
PAG
高出1.3%
1.3%
两年增速更快
PAG
近两年复合增速
5.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $8.8B |
| 净利润 | $60.0M | $228.1M |
| 毛利率 | 17.0% | 15.9% |
| 营业利润率 | 2.7% | 3.6% |
| 净利率 | 1.3% | 2.6% |
| 营收同比 | 3.8% | 14.6% |
| 净利润同比 | -53.4% | -3.5% |
| 每股收益（稀释后） | $3.14 | $3.46 |
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ABGPAG
| Q4 25 | $4.7B | $8.8B | ||
| Q3 25 | $4.8B | $7.7B | ||
| Q2 25 | $4.4B | $7.7B | ||
| Q1 25 | $4.1B | $7.6B | ||
| Q4 24 | $4.5B | $7.7B | ||
| Q3 24 | $4.2B | $7.6B | ||
| Q2 24 | $4.2B | $7.7B | ||
| Q1 24 | $4.2B | $7.4B |
净利润ABGPAG
| Q4 25 | $60.0M | $228.1M | ||
| Q3 25 | $147.1M | $213.0M | ||
| Q2 25 | $152.8M | $250.0M | ||
| Q1 25 | $132.1M | $244.3M | ||
| Q4 24 | $128.8M | $236.4M | ||
| Q3 24 | $126.3M | $226.1M | ||
| Q2 24 | $28.1M | $241.2M | ||
| Q1 24 | $147.1M | $215.2M |
毛利率ABGPAG
| Q4 25 | 17.0% | 15.9% | ||
| Q3 25 | 16.7% | 16.2% | ||
| Q2 25 | 17.2% | 16.9% | ||
| Q1 25 | 17.5% | 16.7% | ||
| Q4 24 | 16.6% | 16.3% | ||
| Q3 24 | 16.9% | 16.4% | ||
| Q2 24 | 17.2% | 16.4% | ||
| Q1 24 | 17.9% | 16.7% |
营业利润率ABGPAG
| Q4 25 | 2.7% | 3.6% | ||
| Q3 25 | 5.1% | 3.9% | ||
| Q2 25 | 5.9% | 4.5% | ||
| Q1 25 | 5.6% | 4.1% | ||
| Q4 24 | 5.3% | 4.3% | ||
| Q3 24 | 5.5% | 4.2% | ||
| Q2 24 | 2.4% | 4.4% | ||
| Q1 24 | 6.3% | 4.4% |
净利率ABGPAG
| Q4 25 | 1.3% | 2.6% | ||
| Q3 25 | 3.1% | 2.8% | ||
| Q2 25 | 3.5% | 3.3% | ||
| Q1 25 | 3.2% | 3.2% | ||
| Q4 24 | 2.9% | 3.1% | ||
| Q3 24 | 3.0% | 3.0% | ||
| Q2 24 | 0.7% | 3.1% | ||
| Q1 24 | 3.5% | 2.9% |
每股收益（稀释后）ABGPAG
| Q4 25 | $3.14 | $3.46 | ||
| Q3 25 | $7.52 | $3.23 | ||
| Q2 25 | $7.76 | $3.78 | ||
| Q1 25 | $6.71 | $3.66 | ||
| Q4 24 | $6.53 | $3.53 | ||
| Q3 24 | $6.37 | $3.39 | ||
| Q2 24 | $1.39 | $3.61 | ||
| Q1 24 | $7.21 | $3.21 |
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 | $500.0K | $64.7M |
| 总债务越低越好 | $3.1B | $2.2B |
| 股东权益账面价值 | $3.9B | $5.6B |
| 总资产 | $11.6B | $17.6B |
| 负债/权益比越低杠杆越低 | 0.79× | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资ABGPAG
| Q4 25 | $500.0K | $64.7M | ||
| Q3 25 | $900.0K | $80.3M | ||
| Q2 25 | $2.8M | $155.3M | ||
| Q1 25 | $6.6M | $118.4M | ||
| Q4 24 | $14.4M | $72.4M | ||
| Q3 24 | $9.0M | $91.9M | ||
| Q2 24 | $10.5M | $115.1M | ||
| Q1 24 | $6.9M | $116.9M |
总债务ABGPAG
| Q4 25 | $3.1B | $2.2B | ||
| Q3 25 | $3.5B | $1.6B | ||
| Q2 25 | $3.0B | $1.8B | ||
| Q1 25 | $3.0B | $1.8B | ||
| Q4 24 | $3.0B | $1.9B | ||
| Q3 24 | $3.3B | $1.9B | ||
| Q2 24 | $3.5B | $1.8B | ||
| Q1 24 | $3.1B | $1.7B |
股东权益ABGPAG
| Q4 25 | $3.9B | $5.6B | ||
| Q3 25 | $3.9B | $5.7B | ||
| Q2 25 | $3.8B | $5.6B | ||
| Q1 25 | $3.6B | $5.4B | ||
| Q4 24 | $3.5B | $5.2B | ||
| Q3 24 | $3.4B | $5.2B | ||
| Q2 24 | $3.3B | $5.0B | ||
| Q1 24 | $3.3B | $4.8B |
总资产ABGPAG
| Q4 25 | $11.6B | $17.6B | ||
| Q3 25 | $11.8B | $17.1B | ||
| Q2 25 | $10.1B | $17.4B | ||
| Q1 25 | $10.2B | $16.9B | ||
| Q4 24 | $10.3B | $16.7B | ||
| Q3 24 | $10.2B | $17.1B | ||
| Q2 24 | $10.3B | $16.6B | ||
| Q1 24 | $10.1B | $16.1B |
负债/权益比ABGPAG
| Q4 25 | 0.79× | 0.39× | ||
| Q3 25 | 0.90× | 0.28× | ||
| Q2 25 | 0.78× | 0.32× | ||
| Q1 25 | 0.83× | 0.33× | ||
| Q4 24 | 0.86× | 0.36× | ||
| Q3 24 | 0.98× | 0.36× | ||
| Q2 24 | 1.05× | 0.36× | ||
| Q1 24 | 0.93× | 0.35× |
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 | $151.9M | $123.2M |
| 自由现金流经营现金流 - 资本支出 | — | $25.1M |
| 自由现金流率自由现金流/营收 | — | 0.3% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | 2.53× | 0.54× |
| 过去12个月自由现金流最近4个季度 | — | $650.5M |
8季度趋势，按日历期对齐
经营现金流ABGPAG
| Q4 25 | $151.9M | $123.2M | ||
| Q3 25 | $306.9M | $379.5M | ||
| Q2 25 | $91.4M | $189.7M | ||
| Q1 25 | $225.0M | $282.7M | ||
| Q4 24 | $244.2M | $217.7M | ||
| Q3 24 | $404.3M | $271.0M | ||
| Q2 24 | $-154.4M | $235.1M | ||
| Q1 24 | $177.1M | $456.0M |
自由现金流ABGPAG
| Q4 25 | — | $25.1M | ||
| Q3 25 | — | $300.4M | ||
| Q2 25 | — | $118.9M | ||
| Q1 25 | — | $206.1M | ||
| Q4 24 | — | $131.6M | ||
| Q3 24 | — | $190.1M | ||
| Q2 24 | — | $135.9M | ||
| Q1 24 | — | $353.5M |
自由现金流率ABGPAG
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 4.7% |
资本支出强度ABGPAG
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.4% |
现金转化率ABGPAG
| Q4 25 | 2.53× | 0.54× | ||
| Q3 25 | 2.09× | 1.78× | ||
| Q2 25 | 0.60× | 0.76× | ||
| Q1 25 | 1.70× | 1.16× | ||
| Q4 24 | 1.90× | 0.92× | ||
| Q3 24 | 3.20× | 1.20× | ||
| Q2 24 | -5.49× | 0.97× | ||
| Q1 24 | 1.20× | 2.12× |
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
ABG
| Dealerships | $4.6B | 98% |
| TCA | $81.4M | 2% |
| New Vehicles | $33.5M | 1% |
PAG
| New Vehicle | $3.9B | 44% |
| Used Vehicle | $2.3B | 26% |
| Service And Parts | $953.6M | 11% |
| Retail Commercial Truck Dealership Segment | $725.4M | 8% |
| Other | $414.5M | 5% |
| Commercial Vehicle Distribution And Other | $303.3M | 3% |
| Finance And Insurance Net | $221.9M | 3% |
