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Arcosa, Inc.（ACA）与Mativ Holdings, Inc.（MATV）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Mativ Holdings, Inc.的1.5倍（$716.7M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 7.3%，领先14.5%），Arcosa, Inc.同比增速更快（7.6% vs 1.0%），Arcosa, Inc.自由现金流更多（$55.8M vs $8.0M），过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs -3.8%）
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。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
ACA vs MATV — 直观对比
营收规模更大
ACA
是对方的1.5倍
$463.1M
营收增速更快
ACA
高出6.6%
1.0%
净利率更高
MATV
高出14.5%
7.3%
自由现金流更多
ACA
多$47.8M
$8.0M
两年增速更快
ACA
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $463.1M |
| 净利润 | $52.1M | $100.8M |
| 毛利率 | 22.9% | 18.8% |
| 营业利润率 | 11.0% | 2.2% |
| 净利率 | 7.3% | 21.8% |
| 营收同比 | 7.6% | 1.0% |
| 净利润同比 | 776.6% | 6620.0% |
| 每股收益（稀释后） | $1.06 | $1.87 |
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ACAMATV
| Q4 25 | $716.7M | $463.1M | ||
| Q3 25 | $797.8M | $513.7M | ||
| Q2 25 | $736.9M | $525.4M | ||
| Q1 25 | $632.0M | $484.8M | ||
| Q4 24 | $666.2M | $458.6M | ||
| Q3 24 | $640.4M | $498.5M | ||
| Q2 24 | $664.7M | $523.8M | ||
| Q1 24 | $598.6M | $500.2M |
净利润ACAMATV
| Q4 25 | $52.1M | $100.8M | ||
| Q3 25 | $73.0M | $-3.2M | ||
| Q2 25 | $59.7M | $-9.5M | ||
| Q1 25 | $23.6M | $-425.5M | ||
| Q4 24 | $-7.7M | $1.5M | ||
| Q3 24 | $16.6M | $-20.8M | ||
| Q2 24 | $45.6M | $-1.4M | ||
| Q1 24 | $39.2M | $-28.0M |
毛利率ACAMATV
| Q4 25 | 22.9% | 18.8% | ||
| Q3 25 | 24.1% | 19.3% | ||
| Q2 25 | 22.5% | 19.7% | ||
| Q1 25 | 19.8% | 15.0% | ||
| Q4 24 | 19.3% | 16.9% | ||
| Q3 24 | 21.3% | 18.8% | ||
| Q2 24 | 20.8% | 20.8% | ||
| Q1 24 | 18.6% | 16.8% |
营业利润率ACAMATV
| Q4 25 | 11.0% | 2.2% | ||
| Q3 25 | 14.1% | 3.1% | ||
| Q2 25 | 12.9% | 3.8% | ||
| Q1 25 | 8.8% | -88.8% | ||
| Q4 24 | 6.5% | 0.6% | ||
| Q3 24 | 5.3% | 1.4% | ||
| Q2 24 | 10.1% | 2.0% | ||
| Q1 24 | 8.9% | -2.8% |
净利率ACAMATV
| Q4 25 | 7.3% | 21.8% | ||
| Q3 25 | 9.2% | -0.6% | ||
| Q2 25 | 8.1% | -1.8% | ||
| Q1 25 | 3.7% | -87.8% | ||
| Q4 24 | -1.2% | 0.3% | ||
| Q3 24 | 2.6% | -4.2% | ||
| Q2 24 | 6.9% | -0.3% | ||
| Q1 24 | 6.5% | -5.6% |
每股收益（稀释后）ACAMATV
| Q4 25 | $1.06 | $1.87 | ||
| Q3 25 | $1.48 | $-0.06 | ||
| Q2 25 | $1.22 | $-0.18 | ||
| Q1 25 | $0.48 | $-7.82 | ||
| Q4 24 | $-0.16 | $0.03 | ||
| Q3 24 | $0.34 | $-0.38 | ||
| Q2 24 | $0.93 | $-0.03 | ||
| Q1 24 | $0.80 | $-0.52 |
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 | $84.2M |
| 总债务越低越好 | $1.5B | $1.0B |
| 股东权益账面价值 | $2.6B | $498.7M |
| 总资产 | $5.0B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.57× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资ACAMATV
| Q4 25 | $214.6M | $84.2M | ||
| Q3 25 | $220.0M | $97.1M | ||
| Q2 25 | $189.7M | $95.6M | ||
| Q1 25 | $167.9M | $84.0M | ||
| Q4 24 | $187.3M | $94.3M | ||
| Q3 24 | $756.8M | $162.2M | ||
| Q2 24 | $103.7M | $133.4M | ||
| Q1 24 | $176.5M | $128.9M |
总债务ACAMATV
| Q4 25 | $1.5B | $1.0B | ||
| Q3 25 | $1.6B | $1.0B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.7B | $1.1B | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $699.9M | $1.2B | ||
| Q1 24 | $600.6M | $1.2B |
股东权益ACAMATV
| Q4 25 | $2.6B | $498.7M | ||
| Q3 25 | $2.6B | $397.4M | ||
| Q2 25 | $2.5B | $416.6M | ||
| Q1 25 | $2.5B | $428.2M | ||
| Q4 24 | $2.4B | $858.5M | ||
| Q3 24 | $2.4B | $882.3M | ||
| Q2 24 | $2.4B | $898.0M | ||
| Q1 24 | $2.4B | $906.9M |
总资产ACAMATV
| Q4 25 | $5.0B | $2.1B | ||
| Q3 25 | $5.1B | $2.0B | ||
| Q2 25 | $5.0B | $2.1B | ||
| Q1 25 | $4.9B | $2.1B | ||
| Q4 24 | $4.9B | $2.4B | ||
| Q3 24 | $4.4B | $2.6B | ||
| Q2 24 | $3.8B | $2.6B | ||
| Q1 24 | $3.7B | $2.7B |
负债/权益比ACAMATV
| Q4 25 | 0.57× | 2.07× | ||
| Q3 25 | 0.61× | 2.63× | ||
| Q2 25 | 0.67× | 2.66× | ||
| Q1 25 | 0.68× | 2.67× | ||
| Q4 24 | 0.69× | 1.30× | ||
| Q3 24 | 0.51× | 1.32× | ||
| Q2 24 | 0.29× | 1.29× | ||
| Q1 24 | 0.25× | 1.30× |
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 | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $8.0M |
| 自由现金流率自由现金流/营收 | 7.8% | 1.7% |
| 资本支出强度资本支出/营收 | 9.0% | 2.4% |
| 现金转化率经营现金流/净利润 | 2.30× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $175.5M | $93.8M |
8季度趋势，按日历期对齐
经营现金流ACAMATV
| Q4 25 | $120.0M | $19.3M | ||
| Q3 25 | $160.6M | $72.8M | ||
| Q2 25 | $61.2M | $57.6M | ||
| Q1 25 | $-700.0K | $-15.9M | ||
| Q4 24 | $248.2M | $24.1M | ||
| Q3 24 | $135.0M | $37.6M | ||
| Q2 24 | $38.3M | $46.1M | ||
| Q1 24 | $80.5M | $-13.0M |
自由现金流ACAMATV
| Q4 25 | $55.8M | $8.0M | ||
| Q3 25 | $121.0M | $66.7M | ||
| Q2 25 | $33.4M | $48.9M | ||
| Q1 25 | $-34.7M | $-29.8M | ||
| Q4 24 | $194.9M | $2.0M | ||
| Q3 24 | $100.6M | $25.5M | ||
| Q2 24 | $-9.3M | $37.4M | ||
| Q1 24 | $26.1M | $-25.1M |
自由现金流率ACAMATV
| Q4 25 | 7.8% | 1.7% | ||
| Q3 25 | 15.2% | 13.0% | ||
| Q2 25 | 4.5% | 9.3% | ||
| Q1 25 | -5.5% | -6.1% | ||
| Q4 24 | 29.3% | 0.4% | ||
| Q3 24 | 15.7% | 5.1% | ||
| Q2 24 | -1.4% | 7.1% | ||
| Q1 24 | 4.4% | -5.0% |
资本支出强度ACAMATV
| Q4 25 | 9.0% | 2.4% | ||
| Q3 25 | 5.0% | 1.2% | ||
| Q2 25 | 3.8% | 1.7% | ||
| Q1 25 | 5.4% | 2.9% | ||
| Q4 24 | 8.0% | 4.8% | ||
| Q3 24 | 5.4% | 2.4% | ||
| Q2 24 | 7.2% | 1.7% | ||
| Q1 24 | 9.1% | 2.4% |
现金转化率ACAMATV
| Q4 25 | 2.30× | 0.19× | ||
| Q3 25 | 2.20× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | -0.03× | — | ||
| Q4 24 | — | 16.07× | ||
| 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% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
