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Arcosa, Inc.（ACA）与BrightView Holdings, Inc.（BV）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BrightView Holdings, Inc.的1.2倍（$716.7M vs $614.7M），Arcosa, Inc.净利率更高（7.3% vs -2.5%，领先9.7%），Arcosa, Inc.同比增速更快（7.6% vs 2.6%），Arcosa, Inc.自由现金流更多（$55.8M vs $-18.6M），过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs -4.4%）
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。
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
ACA vs BV — 直观对比
营收规模更大
ACA
是对方的1.2倍
$614.7M
营收增速更快
ACA
高出5.0%
2.6%
净利率更高
ACA
高出9.7%
-2.5%
自由现金流更多
ACA
多$74.4M
$-18.6M
两年增速更快
ACA
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $614.7M |
| 净利润 | $52.1M | $-15.2M |
| 毛利率 | 22.9% | 18.6% |
| 营业利润率 | 11.0% | -1.2% |
| 净利率 | 7.3% | -2.5% |
| 营收同比 | 7.6% | 2.6% |
| 净利润同比 | 776.6% | -46.2% |
| 每股收益（稀释后） | $1.06 | $-0.26 |
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ACABV
| Q4 25 | $716.7M | $614.7M | ||
| Q3 25 | $797.8M | $702.7M | ||
| Q2 25 | $736.9M | $708.3M | ||
| Q1 25 | $632.0M | $662.6M | ||
| Q4 24 | $666.2M | $599.2M | ||
| Q3 24 | $640.4M | $728.7M | ||
| Q2 24 | $664.7M | $738.8M | ||
| Q1 24 | $598.6M | $672.9M |
净利润ACABV
| Q4 25 | $52.1M | $-15.2M | ||
| Q3 25 | $73.0M | $27.7M | ||
| Q2 25 | $59.7M | $32.3M | ||
| Q1 25 | $23.6M | $6.4M | ||
| Q4 24 | $-7.7M | $-10.4M | ||
| Q3 24 | $16.6M | $25.6M | ||
| Q2 24 | $45.6M | $23.5M | ||
| Q1 24 | $39.2M | $33.7M |
毛利率ACABV
| Q4 25 | 22.9% | 18.6% | ||
| Q3 25 | 24.1% | 25.1% | ||
| Q2 25 | 22.5% | 24.1% | ||
| Q1 25 | 19.8% | 22.3% | ||
| Q4 24 | 19.3% | 21.2% | ||
| Q3 24 | 21.3% | 25.0% | ||
| Q2 24 | 20.8% | 24.0% | ||
| Q1 24 | 18.6% | 22.6% |
营业利润率ACABV
| Q4 25 | 11.0% | -1.2% | ||
| Q3 25 | 14.1% | 7.9% | ||
| Q2 25 | 12.9% | 8.1% | ||
| Q1 25 | 8.8% | 3.4% | ||
| Q4 24 | 6.5% | -0.1% | ||
| Q3 24 | 5.3% | 7.1% | ||
| Q2 24 | 10.1% | 6.6% | ||
| Q1 24 | 8.9% | 9.2% |
净利率ACABV
| Q4 25 | 7.3% | -2.5% | ||
| Q3 25 | 9.2% | 3.9% | ||
| Q2 25 | 8.1% | 4.6% | ||
| Q1 25 | 3.7% | 1.0% | ||
| Q4 24 | -1.2% | -1.7% | ||
| Q3 24 | 2.6% | 3.5% | ||
| Q2 24 | 6.9% | 3.2% | ||
| Q1 24 | 6.5% | 5.0% |
每股收益（稀释后）ACABV
| Q4 25 | $1.06 | $-0.26 | ||
| Q3 25 | $1.48 | $0.21 | ||
| Q2 25 | $1.22 | $0.15 | ||
| Q1 25 | $0.48 | $-0.03 | ||
| Q4 24 | $-0.16 | $-0.20 | ||
| Q3 24 | $0.34 | $0.20 | ||
| Q2 24 | $0.93 | $0.10 | ||
| Q1 24 | $0.80 | $0.17 |
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 | $37.0M |
| 总债务越低越好 | $1.5B | $801.1M |
| 股东权益账面价值 | $2.6B | $1.3B |
| 总资产 | $5.0B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.57× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资ACABV
| Q4 25 | $214.6M | $37.0M | ||
| Q3 25 | $220.0M | $74.5M | ||
| Q2 25 | $189.7M | $79.1M | ||
| Q1 25 | $167.9M | $141.3M | ||
| Q4 24 | $187.3M | $98.3M | ||
| Q3 24 | $756.8M | $140.4M | ||
| Q2 24 | $103.7M | $115.9M | ||
| Q1 24 | $176.5M | $177.3M |
总债务ACABV
| Q4 25 | $1.5B | $801.1M | ||
| Q3 25 | $1.6B | $790.2M | ||
| Q2 25 | $1.7B | $790.7M | ||
| Q1 25 | $1.7B | $798.9M | ||
| Q4 24 | $1.7B | $796.5M | ||
| Q3 24 | $1.2B | $802.5M | ||
| Q2 24 | $699.9M | — | ||
| Q1 24 | $600.6M | — |
股东权益ACABV
| Q4 25 | $2.6B | $1.3B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.5B | $1.3B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.4B | $1.3B | ||
| Q2 24 | $2.4B | $1.3B | ||
| Q1 24 | $2.4B | $1.2B |
总资产ACABV
| Q4 25 | $5.0B | $3.3B | ||
| Q3 25 | $5.1B | $3.4B | ||
| Q2 25 | $5.0B | $3.4B | ||
| Q1 25 | $4.9B | $3.3B | ||
| Q4 24 | $4.9B | $3.3B | ||
| Q3 24 | $4.4B | $3.4B | ||
| Q2 24 | $3.8B | $3.4B | ||
| Q1 24 | $3.7B | $3.4B |
负债/权益比ACABV
| Q4 25 | 0.57× | 0.64× | ||
| Q3 25 | 0.61× | 0.61× | ||
| Q2 25 | 0.67× | 0.62× | ||
| Q1 25 | 0.68× | 0.63× | ||
| Q4 24 | 0.69× | 0.63× | ||
| Q3 24 | 0.51× | 0.63× | ||
| 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 | $36.1M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $-18.6M |
| 自由现金流率自由现金流/营收 | 7.8% | -3.0% |
| 资本支出强度资本支出/营收 | 9.0% | 8.9% |
| 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 | $17.2M |
8季度趋势，按日历期对齐
经营现金流ACABV
| Q4 25 | $120.0M | $36.1M | ||
| Q3 25 | $160.6M | $84.4M | ||
| Q2 25 | $61.2M | $55.7M | ||
| Q1 25 | $-700.0K | $91.2M | ||
| Q4 24 | $248.2M | $60.5M | ||
| Q3 24 | $135.0M | $53.5M | ||
| Q2 24 | $38.3M | $42.6M | ||
| Q1 24 | $80.5M | $83.3M |
自由现金流ACABV
| Q4 25 | $55.8M | $-18.6M | ||
| Q3 25 | $121.0M | $26.0M | ||
| Q2 25 | $33.4M | $-47.8M | ||
| Q1 25 | $-34.7M | $57.6M | ||
| Q4 24 | $194.9M | $1.8M | ||
| Q3 24 | $100.6M | $21.1M | ||
| Q2 24 | $-9.3M | $19.3M | ||
| Q1 24 | $26.1M | $70.7M |
自由现金流率ACABV
| Q4 25 | 7.8% | -3.0% | ||
| Q3 25 | 15.2% | 3.7% | ||
| Q2 25 | 4.5% | -6.7% | ||
| Q1 25 | -5.5% | 8.7% | ||
| Q4 24 | 29.3% | 0.3% | ||
| Q3 24 | 15.7% | 2.9% | ||
| Q2 24 | -1.4% | 2.6% | ||
| Q1 24 | 4.4% | 10.5% |
资本支出强度ACABV
| Q4 25 | 9.0% | 8.9% | ||
| Q3 25 | 5.0% | 8.3% | ||
| Q2 25 | 3.8% | 14.6% | ||
| Q1 25 | 5.4% | 5.1% | ||
| Q4 24 | 8.0% | 9.8% | ||
| Q3 24 | 5.4% | 4.4% | ||
| Q2 24 | 7.2% | 3.2% | ||
| Q1 24 | 9.1% | 1.9% |
现金转化率ACABV
| Q4 25 | 2.30× | — | ||
| Q3 25 | 2.20× | 3.05× | ||
| Q2 25 | 1.03× | 1.72× | ||
| Q1 25 | -0.03× | 14.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.13× | 2.09× | ||
| Q2 24 | 0.84× | 1.81× | ||
| Q1 24 | 2.05× | 2.47× |
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% |
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
