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Arcosa, Inc.（ACA）与Alliant Energy（LNT）财务数据对比。点击上方公司名可切换其他公司
Alliant Energy的季度营收约是Arcosa, Inc.的1.5倍（$1.1B vs $716.7M），Alliant Energy净利率更高（13.4% vs 7.3%，领先6.1%），Alliant Energy同比增速更快（9.0% vs 7.6%），过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs 1.5%）
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。
Alliant Energy是美国公用事业控股企业，主营受监管的电力与天然气服务，下设公用电力运营、公用燃气运营及其他公用事业三大业务板块。公司通过子公司Interstate Power and Light Company（IPL）为艾奥瓦州零售客户提供发电配电、天然气配送及运输服务，同时向明尼苏达州、伊利诺伊州等地的批发客户售电。
ACA vs LNT — 直观对比
营收规模更大
LNT
是对方的1.5倍
$716.7M
营收增速更快
LNT
高出1.4%
7.6%
净利率更高
LNT
高出6.1%
7.3%
两年增速更快
ACA
近两年复合增速
1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $1.1B |
| 净利润 | $52.1M | $142.0M |
| 毛利率 | 22.9% | 85.9% |
| 营业利润率 | 11.0% | 18.4% |
| 净利率 | 7.3% | 13.4% |
| 营收同比 | 7.6% | 9.0% |
| 净利润同比 | 776.6% | -5.3% |
| 每股收益（稀释后） | $1.06 | $0.54 |
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ACALNT
| Q4 25 | $716.7M | $1.1B | ||
| Q3 25 | $797.8M | $1.2B | ||
| Q2 25 | $736.9M | $961.0M | ||
| Q1 25 | $632.0M | $1.1B | ||
| Q4 24 | $666.2M | $975.0M | ||
| Q3 24 | $640.4M | $1.1B | ||
| Q2 24 | $664.7M | $894.0M | ||
| Q1 24 | $598.6M | $1.0B |
净利润ACALNT
| Q4 25 | $52.1M | $142.0M | ||
| Q3 25 | $73.0M | $281.0M | ||
| Q2 25 | $59.7M | $174.0M | ||
| Q1 25 | $23.6M | $213.0M | ||
| Q4 24 | $-7.7M | $150.0M | ||
| Q3 24 | $16.6M | $295.0M | ||
| Q2 24 | $45.6M | $87.0M | ||
| Q1 24 | $39.2M | $158.0M |
毛利率ACALNT
| Q4 25 | 22.9% | 85.9% | ||
| Q3 25 | 24.1% | 86.3% | ||
| Q2 25 | 22.5% | 84.3% | ||
| Q1 25 | 19.8% | 86.0% | ||
| Q4 24 | 19.3% | 84.7% | ||
| Q3 24 | 21.3% | 84.7% | ||
| Q2 24 | 20.8% | 83.6% | ||
| Q1 24 | 18.6% | 85.3% |
营业利润率ACALNT
| Q4 25 | 11.0% | 18.4% | ||
| Q3 25 | 14.1% | 28.8% | ||
| Q2 25 | 12.9% | 23.2% | ||
| Q1 25 | 8.8% | 22.8% | ||
| Q4 24 | 6.5% | 22.7% | ||
| Q3 24 | 5.3% | 29.0% | ||
| Q2 24 | 10.1% | 14.5% | ||
| Q1 24 | 8.9% | 21.5% |
净利率ACALNT
| Q4 25 | 7.3% | 13.4% | ||
| Q3 25 | 9.2% | 23.2% | ||
| Q2 25 | 8.1% | 18.1% | ||
| Q1 25 | 3.7% | 18.9% | ||
| Q4 24 | -1.2% | 15.4% | ||
| Q3 24 | 2.6% | 27.3% | ||
| Q2 24 | 6.9% | 9.7% | ||
| Q1 24 | 6.5% | 15.3% |
每股收益（稀释后）ACALNT
| Q4 25 | $1.06 | $0.54 | ||
| Q3 25 | $1.48 | $1.09 | ||
| Q2 25 | $1.22 | $0.68 | ||
| Q1 25 | $0.48 | $0.83 | ||
| Q4 24 | $-0.16 | $0.58 | ||
| Q3 24 | $0.34 | $1.15 | ||
| Q2 24 | $0.93 | $0.34 | ||
| Q1 24 | $0.80 | $0.62 |
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 | $556.0M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.6B | $7.3B |
| 总资产 | $5.0B | $25.0B |
| 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ACALNT
| Q4 25 | $214.6M | $556.0M | ||
| Q3 25 | $220.0M | $753.0M | ||
| Q2 25 | $189.7M | $329.0M | ||
| Q1 25 | $167.9M | $25.0M | ||
| Q4 24 | $187.3M | $81.0M | ||
| Q3 24 | $756.8M | $827.0M | ||
| Q2 24 | $103.7M | $92.0M | ||
| Q1 24 | $176.5M | $32.0M |
总债务ACALNT
| 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ACALNT
| Q4 25 | $2.6B | $7.3B | ||
| Q3 25 | $2.6B | $7.3B | ||
| Q2 25 | $2.5B | $7.1B | ||
| Q1 25 | $2.5B | $7.1B | ||
| Q4 24 | $2.4B | $7.0B | ||
| Q3 24 | $2.4B | $7.0B | ||
| Q2 24 | $2.4B | $6.8B | ||
| Q1 24 | $2.4B | $6.8B |
总资产ACALNT
| Q4 25 | $5.0B | $25.0B | ||
| Q3 25 | $5.1B | $24.6B | ||
| Q2 25 | $5.0B | $23.8B | ||
| Q1 25 | $4.9B | $22.9B | ||
| Q4 24 | $4.9B | $22.7B | ||
| Q3 24 | $4.4B | $22.8B | ||
| Q2 24 | $3.8B | $21.8B | ||
| Q1 24 | $3.7B | $21.2B |
负债/权益比ACALNT
| 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 | $269.0M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | — |
| 自由现金流率自由现金流/营收 | 7.8% | — |
| 资本支出强度资本支出/营收 | 9.0% | — |
| 现金转化率经营现金流/净利润 | 2.30× | 1.89× |
| 过去12个月自由现金流最近4个季度 | $175.5M | — |
8季度趋势，按日历期对齐
经营现金流ACALNT
| Q4 25 | $120.0M | $269.0M | ||
| Q3 25 | $160.6M | $408.0M | ||
| Q2 25 | $61.2M | $243.0M | ||
| Q1 25 | $-700.0K | $249.0M | ||
| Q4 24 | $248.2M | $254.0M | ||
| Q3 24 | $135.0M | $351.0M | ||
| Q2 24 | $38.3M | $255.0M | ||
| Q1 24 | $80.5M | $307.0M |
自由现金流ACALNT
| Q4 25 | $55.8M | — | ||
| Q3 25 | $121.0M | $-103.0M | ||
| Q2 25 | $33.4M | $-179.0M | ||
| Q1 25 | $-34.7M | $-305.0M | ||
| Q4 24 | $194.9M | — | ||
| Q3 24 | $100.6M | $-59.0M | ||
| Q2 24 | $-9.3M | $-137.0M | ||
| Q1 24 | $26.1M | $-171.0M |
自由现金流率ACALNT
| Q4 25 | 7.8% | — | ||
| Q3 25 | 15.2% | -8.5% | ||
| Q2 25 | 4.5% | -18.6% | ||
| Q1 25 | -5.5% | -27.0% | ||
| Q4 24 | 29.3% | — | ||
| Q3 24 | 15.7% | -5.5% | ||
| Q2 24 | -1.4% | -15.3% | ||
| Q1 24 | 4.4% | -16.6% |
资本支出强度ACALNT
| Q4 25 | 9.0% | — | ||
| Q3 25 | 5.0% | 42.2% | ||
| Q2 25 | 3.8% | 43.9% | ||
| Q1 25 | 5.4% | 49.1% | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 5.4% | 37.9% | ||
| Q2 24 | 7.2% | 43.8% | ||
| Q1 24 | 9.1% | 46.4% |
现金转化率ACALNT
| Q4 25 | 2.30× | 1.89× | ||
| Q3 25 | 2.20× | 1.45× | ||
| Q2 25 | 1.03× | 1.40× | ||
| Q1 25 | -0.03× | 1.17× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | 8.13× | 1.19× | ||
| Q2 24 | 0.84× | 2.93× | ||
| Q1 24 | 2.05× | 1.94× |
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% |
LNT
| Retail Residential | $313.0M | 29% |
| Retail Industrial | $251.0M | 24% |
| Retail Commercial | $226.0M | 21% |
| Gas | $158.0M | 15% |
| Other Customer | $43.0M | 4% |
| Wholesale | $36.0M | 3% |
| Other Utility | $15.0M | 1% |
| Steam | $9.0M | 1% |
