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Arcosa, Inc.（ACA）与UiPath, Inc.（PATH）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UiPath, Inc.的1.7倍（$716.7M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 7.3%，领先41.1%），UiPath, Inc.同比增速更快（15.9% vs 7.6%），Arcosa, Inc.自由现金流更多（$55.8M vs $25.1M），过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs 0.7%）
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。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
ACA vs PATH — 直观对比
营收规模更大
ACA
是对方的1.7倍
$411.1M
营收增速更快
PATH
高出8.3%
7.6%
净利率更高
PATH
高出41.1%
7.3%
自由现金流更多
ACA
多$30.7M
$25.1M
两年增速更快
ACA
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $411.1M |
| 净利润 | $52.1M | $198.8M |
| 毛利率 | 22.9% | 83.3% |
| 营业利润率 | 11.0% | 3.2% |
| 净利率 | 7.3% | 48.4% |
| 营收同比 | 7.6% | 15.9% |
| 净利润同比 | 776.6% | 1966.2% |
| 每股收益（稀释后） | $1.06 | $0.37 |
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ACAPATH
| Q4 25 | $716.7M | $411.1M | ||
| Q3 25 | $797.8M | $361.7M | ||
| Q2 25 | $736.9M | $356.6M | ||
| Q1 25 | $632.0M | $423.6M | ||
| Q4 24 | $666.2M | $354.7M | ||
| Q3 24 | $640.4M | $316.3M | ||
| Q2 24 | $664.7M | $335.1M | ||
| Q1 24 | $598.6M | $405.3M |
净利润ACAPATH
| Q4 25 | $52.1M | $198.8M | ||
| Q3 25 | $73.0M | $1.6M | ||
| Q2 25 | $59.7M | $-22.6M | ||
| Q1 25 | $23.6M | $51.8M | ||
| Q4 24 | $-7.7M | $-10.7M | ||
| Q3 24 | $16.6M | $-86.1M | ||
| Q2 24 | $45.6M | $-28.7M | ||
| Q1 24 | $39.2M | $33.9M |
毛利率ACAPATH
| Q4 25 | 22.9% | 83.3% | ||
| Q3 25 | 24.1% | 82.2% | ||
| Q2 25 | 22.5% | 82.1% | ||
| Q1 25 | 19.8% | 84.8% | ||
| Q4 24 | 19.3% | 82.0% | ||
| Q3 24 | 21.3% | 80.0% | ||
| Q2 24 | 20.8% | 83.5% | ||
| Q1 24 | 18.6% | 86.8% |
营业利润率ACAPATH
| Q4 25 | 11.0% | 3.2% | ||
| Q3 25 | 14.1% | -5.6% | ||
| Q2 25 | 12.9% | -4.6% | ||
| Q1 25 | 8.8% | 7.9% | ||
| Q4 24 | 6.5% | -12.2% | ||
| Q3 24 | 5.3% | -32.7% | ||
| Q2 24 | 10.1% | -14.8% | ||
| Q1 24 | 8.9% | 3.7% |
净利率ACAPATH
| Q4 25 | 7.3% | 48.4% | ||
| Q3 25 | 9.2% | 0.4% | ||
| Q2 25 | 8.1% | -6.3% | ||
| Q1 25 | 3.7% | 12.2% | ||
| Q4 24 | -1.2% | -3.0% | ||
| Q3 24 | 2.6% | -27.2% | ||
| Q2 24 | 6.9% | -8.6% | ||
| Q1 24 | 6.5% | 8.4% |
每股收益（稀释后）ACAPATH
| Q4 25 | $1.06 | $0.37 | ||
| Q3 25 | $1.48 | $0.00 | ||
| Q2 25 | $1.22 | $-0.04 | ||
| Q1 25 | $0.48 | $0.09 | ||
| Q4 24 | $-0.16 | $-0.02 | ||
| Q3 24 | $0.34 | $-0.15 | ||
| Q2 24 | $0.93 | $-0.05 | ||
| Q1 24 | $0.80 | $0.07 |
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 | $1.4B |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.6B | $1.9B |
| 总资产 | $5.0B | $2.9B |
| 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ACAPATH
| Q4 25 | $214.6M | $1.4B | ||
| Q3 25 | $220.0M | $1.4B | ||
| Q2 25 | $189.7M | $1.6B | ||
| Q1 25 | $167.9M | $1.6B | ||
| Q4 24 | $187.3M | $1.6B | ||
| Q3 24 | $756.8M | $1.7B | ||
| Q2 24 | $103.7M | $1.9B | ||
| Q1 24 | $176.5M | $1.9B |
总债务ACAPATH
| 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ACAPATH
| Q4 25 | $2.6B | $1.9B | ||
| Q3 25 | $2.6B | $1.7B | ||
| Q2 25 | $2.5B | $1.7B | ||
| Q1 25 | $2.5B | $1.8B | ||
| Q4 24 | $2.4B | $1.7B | ||
| Q3 24 | $2.4B | $1.8B | ||
| Q2 24 | $2.4B | $2.0B | ||
| Q1 24 | $2.4B | $2.0B |
总资产ACAPATH
| Q4 25 | $5.0B | $2.9B | ||
| Q3 25 | $5.1B | $2.6B | ||
| Q2 25 | $5.0B | $2.6B | ||
| Q1 25 | $4.9B | $2.9B | ||
| Q4 24 | $4.9B | $2.7B | ||
| Q3 24 | $4.4B | $2.7B | ||
| Q2 24 | $3.8B | $2.8B | ||
| Q1 24 | $3.7B | $3.0B |
负债/权益比ACAPATH
| 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 | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $25.1M |
| 自由现金流率自由现金流/营收 | 7.8% | 6.1% |
| 资本支出强度资本支出/营收 | 9.0% | 0.8% |
| 现金转化率经营现金流/净利润 | 2.30× | 0.14× |
| 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ACAPATH
| Q4 25 | $120.0M | $28.3M | ||
| Q3 25 | $160.6M | $41.6M | ||
| Q2 25 | $61.2M | $119.0M | ||
| Q1 25 | $-700.0K | $146.1M | ||
| Q4 24 | $248.2M | $28.1M | ||
| Q3 24 | $135.0M | $46.4M | ||
| Q2 24 | $38.3M | $100.0M | ||
| Q1 24 | $80.5M | $145.6M |
自由现金流ACAPATH
| Q4 25 | $55.8M | $25.1M | ||
| Q3 25 | $121.0M | — | ||
| Q2 25 | $33.4M | $106.2M | ||
| Q1 25 | $-34.7M | $138.7M | ||
| Q4 24 | $194.9M | $23.2M | ||
| Q3 24 | $100.6M | $45.0M | ||
| Q2 24 | $-9.3M | $98.8M | ||
| Q1 24 | $26.1M | $141.8M |
自由现金流率ACAPATH
| Q4 25 | 7.8% | 6.1% | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 4.5% | 29.8% | ||
| Q1 25 | -5.5% | 32.7% | ||
| Q4 24 | 29.3% | 6.5% | ||
| Q3 24 | 15.7% | 14.2% | ||
| Q2 24 | -1.4% | 29.5% | ||
| Q1 24 | 4.4% | 35.0% |
资本支出强度ACAPATH
| Q4 25 | 9.0% | 0.8% | ||
| Q3 25 | 5.0% | 0.0% | ||
| Q2 25 | 3.8% | 3.6% | ||
| Q1 25 | 5.4% | 1.7% | ||
| Q4 24 | 8.0% | 1.4% | ||
| Q3 24 | 5.4% | 0.4% | ||
| Q2 24 | 7.2% | 0.4% | ||
| Q1 24 | 9.1% | 0.9% |
现金转化率ACAPATH
| Q4 25 | 2.30× | 0.14× | ||
| Q3 25 | 2.20× | 26.25× | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | -0.03× | 2.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.13× | — | ||
| Q2 24 | 0.84× | — | ||
| Q1 24 | 2.05× | 4.29× |
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% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
