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Arcosa, Inc.（ACA）与EAGLE MATERIALS INC（EXP）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EAGLE MATERIALS INC的1.3倍（$716.7M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs 7.3%，领先11.2%），Arcosa, Inc.同比增速更快（7.6% vs -0.4%），EAGLE MATERIALS INC自由现金流更多（$60.8M vs $55.8M），过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs 8.0%）
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。
Eagle Materials Inc.是总部位于美国得克萨斯州达拉斯的建筑材料生产企业，主营产品包括水泥、混凝土、建筑骨料、石膏、墙板、纸板以及水力压裂作业专用砂，产品广泛应用于建筑施工、能源开发等多个领域。
ACA vs EXP — 直观对比
营收规模更大
ACA
是对方的1.3倍
$556.0M
营收增速更快
ACA
高出8.0%
-0.4%
净利率更高
EXP
高出11.2%
7.3%
自由现金流更多
EXP
多$5.0M
$55.8M
两年增速更快
ACA
近两年复合增速
8.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $556.0M |
| 净利润 | $52.1M | $102.9M |
| 毛利率 | 22.9% | 28.9% |
| 营业利润率 | 11.0% | — |
| 净利率 | 7.3% | 18.5% |
| 营收同比 | 7.6% | -0.4% |
| 净利润同比 | 776.6% | -13.9% |
| 每股收益（稀释后） | $1.06 | $3.22 |
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ACAEXP
| Q4 25 | $716.7M | $556.0M | ||
| Q3 25 | $797.8M | $638.9M | ||
| Q2 25 | $736.9M | $634.7M | ||
| Q1 25 | $632.0M | $470.2M | ||
| Q4 24 | $666.2M | $558.0M | ||
| Q3 24 | $640.4M | $623.6M | ||
| Q2 24 | $664.7M | $608.7M | ||
| Q1 24 | $598.6M | $476.7M |
净利润ACAEXP
| Q4 25 | $52.1M | $102.9M | ||
| Q3 25 | $73.0M | $137.4M | ||
| Q2 25 | $59.7M | $123.4M | ||
| Q1 25 | $23.6M | $66.5M | ||
| Q4 24 | $-7.7M | $119.6M | ||
| Q3 24 | $16.6M | $143.5M | ||
| Q2 24 | $45.6M | $133.8M | ||
| Q1 24 | $39.2M | $77.1M |
毛利率ACAEXP
| Q4 25 | 22.9% | 28.9% | ||
| Q3 25 | 24.1% | 31.3% | ||
| Q2 25 | 22.5% | 29.2% | ||
| Q1 25 | 19.8% | 22.2% | ||
| Q4 24 | 19.3% | 31.9% | ||
| Q3 24 | 21.3% | 32.7% | ||
| Q2 24 | 20.8% | 30.7% | ||
| Q1 24 | 18.6% | 25.1% |
营业利润率ACAEXP
| Q4 25 | 11.0% | — | ||
| Q3 25 | 14.1% | — | ||
| Q2 25 | 12.9% | — | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | 6.5% | 32.8% | ||
| Q3 24 | 5.3% | 34.2% | ||
| Q2 24 | 10.1% | 32.0% | ||
| Q1 24 | 8.9% | 26.9% |
净利率ACAEXP
| Q4 25 | 7.3% | 18.5% | ||
| Q3 25 | 9.2% | 21.5% | ||
| Q2 25 | 8.1% | 19.4% | ||
| Q1 25 | 3.7% | 14.1% | ||
| Q4 24 | -1.2% | 21.4% | ||
| Q3 24 | 2.6% | 23.0% | ||
| Q2 24 | 6.9% | 22.0% | ||
| Q1 24 | 6.5% | 16.2% |
每股收益（稀释后）ACAEXP
| Q4 25 | $1.06 | $3.22 | ||
| Q3 25 | $1.48 | $4.23 | ||
| Q2 25 | $1.22 | $3.76 | ||
| Q1 25 | $0.48 | $2.01 | ||
| Q4 24 | $-0.16 | $3.56 | ||
| Q3 24 | $0.34 | $4.26 | ||
| Q2 24 | $0.93 | $3.94 | ||
| Q1 24 | $0.80 | $2.23 |
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 | $419.0M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.6B | $1.5B |
| 总资产 | $5.0B | $3.8B |
| 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ACAEXP
| Q4 25 | $214.6M | $419.0M | ||
| Q3 25 | $220.0M | $35.0M | ||
| Q2 25 | $189.7M | $59.7M | ||
| Q1 25 | $167.9M | $20.4M | ||
| Q4 24 | $187.3M | $31.2M | ||
| Q3 24 | $756.8M | $93.9M | ||
| Q2 24 | $103.7M | $46.5M | ||
| Q1 24 | $176.5M | $34.9M |
总债务ACAEXP
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $699.9M | — | ||
| Q1 24 | $600.6M | $1.1B |
股东权益ACAEXP
| Q4 25 | $2.6B | $1.5B | ||
| Q3 25 | $2.6B | $1.5B | ||
| Q2 25 | $2.5B | $1.5B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.4B | $1.5B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | $2.4B | $1.3B |
总资产ACAEXP
| Q4 25 | $5.0B | $3.8B | ||
| Q3 25 | $5.1B | $3.4B | ||
| Q2 25 | $5.0B | $3.4B | ||
| Q1 25 | $4.9B | $3.3B | ||
| Q4 24 | $4.9B | $3.0B | ||
| Q3 24 | $4.4B | $3.1B | ||
| Q2 24 | $3.8B | $3.0B | ||
| Q1 24 | $3.7B | $2.9B |
负债/权益比ACAEXP
| Q4 25 | 0.57× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.68× | 0.86× | ||
| Q4 24 | 0.69× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.29× | — | ||
| Q1 24 | 0.25× | 0.84× |
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 | $170.8M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $60.8M |
| 自由现金流率自由现金流/营收 | 7.8% | 10.9% |
| 资本支出强度资本支出/营收 | 9.0% | 19.8% |
| 现金转化率经营现金流/净利润 | 2.30× | 1.66× |
| 过去12个月自由现金流最近4个季度 | $175.5M | $231.8M |
8季度趋势，按日历期对齐
经营现金流ACAEXP
| Q4 25 | $120.0M | $170.8M | ||
| Q3 25 | $160.6M | $204.6M | ||
| Q2 25 | $61.2M | $136.6M | ||
| Q1 25 | $-700.0K | $62.8M | ||
| Q4 24 | $248.2M | $119.9M | ||
| Q3 24 | $135.0M | $233.3M | ||
| Q2 24 | $38.3M | $132.6M | ||
| Q1 24 | $80.5M | $63.4M |
自由现金流ACAEXP
| Q4 25 | $55.8M | $60.8M | ||
| Q3 25 | $121.0M | $96.1M | ||
| Q2 25 | $33.4M | $60.5M | ||
| Q1 25 | $-34.7M | $14.5M | ||
| Q4 24 | $194.9M | $72.5M | ||
| Q3 24 | $100.6M | $166.8M | ||
| Q2 24 | $-9.3M | $99.5M | ||
| Q1 24 | $26.1M | $30.9M |
自由现金流率ACAEXP
| Q4 25 | 7.8% | 10.9% | ||
| Q3 25 | 15.2% | 15.0% | ||
| Q2 25 | 4.5% | 9.5% | ||
| Q1 25 | -5.5% | 3.1% | ||
| Q4 24 | 29.3% | 13.0% | ||
| Q3 24 | 15.7% | 26.7% | ||
| Q2 24 | -1.4% | 16.3% | ||
| Q1 24 | 4.4% | 6.5% |
资本支出强度ACAEXP
| Q4 25 | 9.0% | 19.8% | ||
| Q3 25 | 5.0% | 17.0% | ||
| Q2 25 | 3.8% | 12.0% | ||
| Q1 25 | 5.4% | 10.3% | ||
| Q4 24 | 8.0% | 8.5% | ||
| Q3 24 | 5.4% | 10.7% | ||
| Q2 24 | 7.2% | 5.4% | ||
| Q1 24 | 9.1% | 6.8% |
现金转化率ACAEXP
| Q4 25 | 2.30× | 1.66× | ||
| Q3 25 | 2.20× | 1.49× | ||
| Q2 25 | 1.03× | 1.11× | ||
| Q1 25 | -0.03× | 0.94× | ||
| Q4 24 | — | 1.00× | ||
| Q3 24 | 8.13× | 1.63× | ||
| Q2 24 | 0.84× | 0.99× | ||
| Q1 24 | 2.05× | 0.82× |
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% |
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
