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Arcosa, Inc.（ACA）与ACV Auctions Inc.（ACVA）财务数据对比。点击上方公司名可切换其他公司
Arcosa, Inc.的季度营收约是ACV Auctions Inc.的3.9倍（$716.7M vs $183.6M）。ACV Auctions Inc.同比增速更快（15.1% vs 7.6%）。Arcosa, Inc.自由现金流更多（$55.8M vs $-14.7M）。过去两年ACV Auctions Inc.的营收复合增速更高（12.3% vs 9.4%）
Arcosa, Inc.是一家基础设施相关产品及解决方案提供商，业务覆盖建筑、能源、交通三大核心板块，主营公用设施结构件、建筑集料、交通零部件等产品，主要面向北美市场客户，为各类关键基础设施建设项目提供支持。
ACV Auctions Inc.是北美领先的数字化二手车批发拍卖平台，主要服务美加两地汽车经销商，提供车辆透明检测、安全支付、物流配送等全链条服务，助力注册批发买卖双方无需线下到场即可高效完成二手车交易。
ACA vs ACVA — 直观对比
营收规模更大
ACA
是对方的3.9倍
$183.6M
营收增速更快
ACVA
高出7.5%
7.6%
自由现金流更多
ACA
多$70.5M
$-14.7M
两年增速更快
ACVA
近两年复合增速
9.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $183.6M |
| 净利润 | $52.1M | — |
| 毛利率 | 22.9% | — |
| 营业利润率 | 11.0% | -9.7% |
| 净利率 | 7.3% | — |
| 营收同比 | 7.6% | 15.1% |
| 净利润同比 | 776.6% | — |
| 每股收益（稀释后） | $1.06 | $-0.12 |
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ACAACVA
| Q4 25 | $716.7M | $183.6M | ||
| Q3 25 | $797.8M | $199.6M | ||
| Q2 25 | $736.9M | $193.7M | ||
| Q1 25 | $632.0M | $182.7M | ||
| Q4 24 | $666.2M | $159.5M | ||
| Q3 24 | $640.4M | $171.3M | ||
| Q2 24 | $664.7M | $160.6M | ||
| Q1 24 | $598.6M | $145.7M |
净利润ACAACVA
| Q4 25 | $52.1M | — | ||
| Q3 25 | $73.0M | $-24.5M | ||
| Q2 25 | $59.7M | $-7.3M | ||
| Q1 25 | $23.6M | $-14.8M | ||
| Q4 24 | $-7.7M | — | ||
| Q3 24 | $16.6M | $-16.0M | ||
| Q2 24 | $45.6M | $-17.1M | ||
| Q1 24 | $39.2M | $-20.5M |
毛利率ACAACVA
| Q4 25 | 22.9% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 19.8% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 21.3% | — | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 18.6% | — |
营业利润率ACAACVA
| Q4 25 | 11.0% | -9.7% | ||
| Q3 25 | 14.1% | -11.9% | ||
| Q2 25 | 12.9% | -3.7% | ||
| Q1 25 | 8.8% | -7.9% | ||
| Q4 24 | 6.5% | -16.2% | ||
| Q3 24 | 5.3% | -10.0% | ||
| Q2 24 | 10.1% | -11.6% | ||
| Q1 24 | 8.9% | -15.5% |
净利率ACAACVA
| Q4 25 | 7.3% | — | ||
| Q3 25 | 9.2% | -12.3% | ||
| Q2 25 | 8.1% | -3.8% | ||
| Q1 25 | 3.7% | -8.1% | ||
| Q4 24 | -1.2% | — | ||
| Q3 24 | 2.6% | -9.4% | ||
| Q2 24 | 6.9% | -10.6% | ||
| Q1 24 | 6.5% | -14.1% |
每股收益（稀释后）ACAACVA
| Q4 25 | $1.06 | $-0.12 | ||
| Q3 25 | $1.48 | $-0.14 | ||
| Q2 25 | $1.22 | $-0.04 | ||
| Q1 25 | $0.48 | $-0.09 | ||
| Q4 24 | $-0.16 | $-0.15 | ||
| Q3 24 | $0.34 | $-0.10 | ||
| Q2 24 | $0.93 | $-0.10 | ||
| Q1 24 | $0.80 | $-0.13 |
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 | $214.6M | $271.5M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.6B | $429.7M |
| 总资产 | $5.0B | $1.1B |
| 负债/权益比越低杠杆越低 | 0.57× | — |
8季度趋势，按日历期对齐
现金及短期投资ACAACVA
| Q4 25 | $214.6M | $271.5M | ||
| Q3 25 | $220.0M | $265.3M | ||
| Q2 25 | $189.7M | $258.4M | ||
| Q1 25 | $167.9M | $291.9M | ||
| Q4 24 | $187.3M | $224.1M | ||
| Q3 24 | $756.8M | $252.5M | ||
| Q2 24 | $103.7M | $215.0M | ||
| Q1 24 | $176.5M | $209.8M |
总债务ACAACVA
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $699.9M | — | ||
| Q1 24 | $600.6M | — |
股东权益ACAACVA
| Q4 25 | $2.6B | $429.7M | ||
| Q3 25 | $2.6B | $434.4M | ||
| Q2 25 | $2.5B | $448.8M | ||
| Q1 25 | $2.5B | $439.6M | ||
| Q4 24 | $2.4B | $440.0M | ||
| Q3 24 | $2.4B | $456.2M | ||
| Q2 24 | $2.4B | $457.6M | ||
| Q1 24 | $2.4B | $458.3M |
总资产ACAACVA
| Q4 25 | $5.0B | $1.1B | ||
| Q3 25 | $5.1B | $1.2B | ||
| Q2 25 | $5.0B | $1.1B | ||
| Q1 25 | $4.9B | $1.2B | ||
| Q4 24 | $4.9B | $984.1M | ||
| Q3 24 | $4.4B | $1.0B | ||
| Q2 24 | $3.8B | $1.0B | ||
| Q1 24 | $3.7B | $1.0B |
负债/权益比ACAACVA
| Q4 25 | 0.57× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.68× | — | ||
| Q4 24 | 0.69× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | 0.25× | — |
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 | $120.0M | $-12.4M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $-14.7M |
| 自由现金流率自由现金流/营收 | 7.8% | -8.0% |
| 资本支出强度资本支出/营收 | 9.0% | 1.2% |
| 现金转化率经营现金流/净利润 | 2.30× | — |
| 过去12个月自由现金流最近4个季度 | $175.5M | $69.1M |
8季度趋势，按日历期对齐
经营现金流ACAACVA
| Q4 25 | $120.0M | $-12.4M | ||
| Q3 25 | $160.6M | $10.3M | ||
| Q2 25 | $61.2M | $13.7M | ||
| Q1 25 | $-700.0K | $66.6M | ||
| Q4 24 | $248.2M | $-3.2M | ||
| Q3 24 | $135.0M | $21.1M | ||
| Q2 24 | $38.3M | $4.5M | ||
| Q1 24 | $80.5M | $43.0M |
自由现金流ACAACVA
| Q4 25 | $55.8M | $-14.7M | ||
| Q3 25 | $121.0M | $7.7M | ||
| Q2 25 | $33.4M | $10.9M | ||
| Q1 25 | $-34.7M | $65.3M | ||
| Q4 24 | $194.9M | $-3.9M | ||
| Q3 24 | $100.6M | $20.2M | ||
| Q2 24 | $-9.3M | $2.7M | ||
| Q1 24 | $26.1M | $41.9M |
自由现金流率ACAACVA
| Q4 25 | 7.8% | -8.0% | ||
| Q3 25 | 15.2% | 3.8% | ||
| Q2 25 | 4.5% | 5.6% | ||
| Q1 25 | -5.5% | 35.7% | ||
| Q4 24 | 29.3% | -2.5% | ||
| Q3 24 | 15.7% | 11.8% | ||
| Q2 24 | -1.4% | 1.7% | ||
| Q1 24 | 4.4% | 28.8% |
资本支出强度ACAACVA
| Q4 25 | 9.0% | 1.2% | ||
| Q3 25 | 5.0% | 1.3% | ||
| Q2 25 | 3.8% | 1.5% | ||
| Q1 25 | 5.4% | 0.7% | ||
| Q4 24 | 8.0% | 0.4% | ||
| Q3 24 | 5.4% | 0.6% | ||
| Q2 24 | 7.2% | 1.1% | ||
| Q1 24 | 9.1% | 0.7% |
现金转化率ACAACVA
| Q4 25 | 2.30× | — | ||
| Q3 25 | 2.20× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | -0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.13× | — | ||
| Q2 24 | 0.84× | — | ||
| Q1 24 | 2.05× | — |
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
ACA
| Engineered Structures | $301.1M | 42% |
| Total Construction Materials | $276.8M | 39% |
| Specialty Materials And Asphalt | $110.2M | 15% |
| Construction Site Support | $28.6M | 4% |
ACVA
| Auction Marketplace Revenue | $77.6M | 42% |
| Other Marketplace Revenue | $72.4M | 39% |
| Customer Assurance | $24.1M | 13% |
| Data Services Revenue | $9.4M | 5% |
