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Arcosa, Inc.（ACA）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是Arcosa, Inc.的1.6倍（$1.2B vs $716.7M），先锋自然资源公司净利率更高（29.0% vs 7.3%，领先21.8%），Arcosa, Inc.同比增速更快（7.6% vs -9.8%），过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs -3.0%）
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。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
ACA vs PR — 直观对比
营收规模更大
PR
是对方的1.6倍
$716.7M
营收增速更快
ACA
高出17.4%
-9.8%
净利率更高
PR
高出21.8%
7.3%
两年增速更快
ACA
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $1.2B |
| 净利润 | $52.1M | $339.5M |
| 毛利率 | 22.9% | — |
| 营业利润率 | 11.0% | 23.1% |
| 净利率 | 7.3% | 29.0% |
| 营收同比 | 7.6% | -9.8% |
| 净利润同比 | 776.6% | 56.7% |
| 每股收益（稀释后） | $1.06 | $0.48 |
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ACAPR
| Q4 25 | $716.7M | $1.2B | ||
| Q3 25 | $797.8M | $1.3B | ||
| Q2 25 | $736.9M | $1.2B | ||
| Q1 25 | $632.0M | $1.4B | ||
| Q4 24 | $666.2M | $1.3B | ||
| Q3 24 | $640.4M | $1.2B | ||
| Q2 24 | $664.7M | $1.2B | ||
| Q1 24 | $598.6M | $1.2B |
净利润ACAPR
| Q4 25 | $52.1M | $339.5M | ||
| Q3 25 | $73.0M | $59.2M | ||
| Q2 25 | $59.7M | $207.1M | ||
| Q1 25 | $23.6M | $329.3M | ||
| Q4 24 | $-7.7M | $216.7M | ||
| Q3 24 | $16.6M | $386.4M | ||
| Q2 24 | $45.6M | $235.1M | ||
| Q1 24 | $39.2M | $146.6M |
毛利率ACAPR
| Q4 25 | 22.9% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 19.8% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 21.3% | — | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 18.6% | — |
营业利润率ACAPR
| Q4 25 | 11.0% | 23.1% | ||
| Q3 25 | 14.1% | 29.6% | ||
| Q2 25 | 12.9% | 24.8% | ||
| Q1 25 | 8.8% | 36.6% | ||
| Q4 24 | 6.5% | 32.8% | ||
| Q3 24 | 5.3% | 32.5% | ||
| Q2 24 | 10.1% | 36.5% | ||
| Q1 24 | 8.9% | 37.7% |
净利率ACAPR
| Q4 25 | 7.3% | 29.0% | ||
| Q3 25 | 9.2% | 4.5% | ||
| Q2 25 | 8.1% | 17.3% | ||
| Q1 25 | 3.7% | 23.9% | ||
| Q4 24 | -1.2% | 16.7% | ||
| Q3 24 | 2.6% | 31.8% | ||
| Q2 24 | 6.9% | 18.9% | ||
| Q1 24 | 6.5% | 11.8% |
每股收益（稀释后）ACAPR
| Q4 25 | $1.06 | $0.48 | ||
| Q3 25 | $1.48 | $0.08 | ||
| Q2 25 | $1.22 | $0.28 | ||
| Q1 25 | $0.48 | $0.44 | ||
| Q4 24 | $-0.16 | $0.31 | ||
| Q3 24 | $0.34 | $0.53 | ||
| Q2 24 | $0.93 | $0.36 | ||
| Q1 24 | $0.80 | $0.25 |
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 | $153.7M |
| 总债务越低越好 | $1.5B | $3.5B |
| 股东权益账面价值 | $2.6B | $10.3B |
| 总资产 | $5.0B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.57× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资ACAPR
| Q4 25 | $214.6M | $153.7M | ||
| Q3 25 | $220.0M | $111.8M | ||
| Q2 25 | $189.7M | $451.0M | ||
| Q1 25 | $167.9M | $702.2M | ||
| Q4 24 | $187.3M | $479.3M | ||
| Q3 24 | $756.8M | $272.0M | ||
| Q2 24 | $103.7M | $47.8M | ||
| Q1 24 | $176.5M | $12.7M |
总债务ACAPR
| Q4 25 | $1.5B | $3.5B | ||
| Q3 25 | $1.6B | $3.5B | ||
| Q2 25 | $1.7B | $4.0B | ||
| Q1 25 | $1.7B | $4.0B | ||
| Q4 24 | $1.7B | $4.2B | ||
| Q3 24 | $1.2B | $4.2B | ||
| Q2 24 | $699.9M | $3.9B | ||
| Q1 24 | $600.6M | $3.9B |
股东权益ACAPR
| Q4 25 | $2.6B | $10.3B | ||
| Q3 25 | $2.6B | $10.0B | ||
| Q2 25 | $2.5B | $9.5B | ||
| Q1 25 | $2.5B | $9.4B | ||
| Q4 24 | $2.4B | $9.1B | ||
| Q3 24 | $2.4B | $9.0B | ||
| Q2 24 | $2.4B | $8.3B | ||
| Q1 24 | $2.4B | $7.0B |
总资产ACAPR
| Q4 25 | $5.0B | $17.9B | ||
| Q3 25 | $5.1B | $17.3B | ||
| Q2 25 | $5.0B | $17.5B | ||
| Q1 25 | $4.9B | $17.1B | ||
| Q4 24 | $4.9B | $16.9B | ||
| Q3 24 | $4.4B | $16.6B | ||
| Q2 24 | $3.8B | $15.4B | ||
| Q1 24 | $3.7B | $15.1B |
负债/权益比ACAPR
| Q4 25 | 0.57× | 0.34× | ||
| Q3 25 | 0.61× | 0.35× | ||
| Q2 25 | 0.67× | 0.42× | ||
| Q1 25 | 0.68× | 0.43× | ||
| Q4 24 | 0.69× | 0.46× | ||
| Q3 24 | 0.51× | 0.47× | ||
| Q2 24 | 0.29× | 0.46× | ||
| Q1 24 | 0.25× | 0.56× |
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 | $904.3M |
| 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× | 2.66× |
| 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ACAPR
| Q4 25 | $120.0M | $904.3M | ||
| Q3 25 | $160.6M | $766.5M | ||
| Q2 25 | $61.2M | $1.0B | ||
| Q1 25 | $-700.0K | $898.0M | ||
| Q4 24 | $248.2M | $871.6M | ||
| Q3 24 | $135.0M | $954.4M | ||
| Q2 24 | $38.3M | $938.4M | ||
| Q1 24 | $80.5M | $647.6M |
自由现金流ACAPR
| Q4 25 | $55.8M | — | ||
| Q3 25 | $121.0M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $-34.7M | — | ||
| Q4 24 | $194.9M | — | ||
| Q3 24 | $100.6M | — | ||
| Q2 24 | $-9.3M | — | ||
| Q1 24 | $26.1M | — |
自由现金流率ACAPR
| Q4 25 | 7.8% | — | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 4.5% | — | ||
| Q1 25 | -5.5% | — | ||
| Q4 24 | 29.3% | — | ||
| Q3 24 | 15.7% | — | ||
| Q2 24 | -1.4% | — | ||
| Q1 24 | 4.4% | — |
资本支出强度ACAPR
| Q4 25 | 9.0% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 3.8% | — | ||
| Q1 25 | 5.4% | — | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 5.4% | — | ||
| Q2 24 | 7.2% | — | ||
| Q1 24 | 9.1% | — |
现金转化率ACAPR
| Q4 25 | 2.30× | 2.66× | ||
| Q3 25 | 2.20× | 12.94× | ||
| Q2 25 | 1.03× | 5.01× | ||
| Q1 25 | -0.03× | 2.73× | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | 8.13× | 2.47× | ||
| Q2 24 | 0.84× | 3.99× | ||
| Q1 24 | 2.05× | 4.42× |
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% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
