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Arcosa, Inc.（ACA）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是Arcosa, Inc.的1.7倍（$1.2B vs $716.7M），Arcosa, Inc.净利率更高（7.3% vs -2.2%，领先9.5%），Arcosa, Inc.同比增速更快（7.6% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $55.8M），过去两年ROKU, INC的营收复合增速更高（13.6% vs 9.4%）
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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
ACA vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.7倍
$716.7M
营收增速更快
ACA
高出25.9%
-18.3%
净利率更高
ACA
高出9.5%
-2.2%
自由现金流更多
ROKU
多$242.6M
$55.8M
两年增速更快
ROKU
近两年复合增速
9.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $1.2B |
| 净利润 | $52.1M | $-27.4M |
| 毛利率 | 22.9% | 35.6% |
| 营业利润率 | 11.0% | 59.7% |
| 净利率 | 7.3% | -2.2% |
| 营收同比 | 7.6% | -18.3% |
| 净利润同比 | 776.6% | -361.0% |
| 每股收益（稀释后） | $1.06 | $0.57 |
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ACAROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $716.7M | $1.4B | ||
| Q3 25 | $797.8M | $1.2B | ||
| Q2 25 | $736.9M | $1.1B | ||
| Q1 25 | $632.0M | $1.0B | ||
| Q4 24 | $666.2M | $1.2B | ||
| Q3 24 | $640.4M | $1.1B | ||
| Q2 24 | $664.7M | $968.2M |
净利润ACAROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $52.1M | $80.5M | ||
| Q3 25 | $73.0M | $24.8M | ||
| Q2 25 | $59.7M | $10.5M | ||
| Q1 25 | $23.6M | $-27.4M | ||
| Q4 24 | $-7.7M | $-35.5M | ||
| Q3 24 | $16.6M | $-9.0M | ||
| Q2 24 | $45.6M | $-34.0M |
毛利率ACAROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | 22.9% | 43.5% | ||
| Q3 25 | 24.1% | 43.4% | ||
| Q2 25 | 22.5% | 44.8% | ||
| Q1 25 | 19.8% | 43.6% | ||
| Q4 24 | 19.3% | 42.7% | ||
| Q3 24 | 21.3% | 45.2% | ||
| Q2 24 | 20.8% | 43.9% |
营业利润率ACAROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | 11.0% | 4.7% | ||
| Q3 25 | 14.1% | 0.8% | ||
| Q2 25 | 12.9% | -2.1% | ||
| Q1 25 | 8.8% | -5.7% | ||
| Q4 24 | 6.5% | -3.3% | ||
| Q3 24 | 5.3% | -3.4% | ||
| Q2 24 | 10.1% | -7.4% |
净利率ACAROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 7.3% | 5.8% | ||
| Q3 25 | 9.2% | 2.0% | ||
| Q2 25 | 8.1% | 0.9% | ||
| Q1 25 | 3.7% | -2.7% | ||
| Q4 24 | -1.2% | -3.0% | ||
| Q3 24 | 2.6% | -0.9% | ||
| Q2 24 | 6.9% | -3.5% |
每股收益（稀释后）ACAROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $1.06 | $0.55 | ||
| Q3 25 | $1.48 | $0.16 | ||
| Q2 25 | $1.22 | $0.07 | ||
| Q1 25 | $0.48 | $-0.19 | ||
| Q4 24 | $-0.16 | $-0.24 | ||
| Q3 24 | $0.34 | $-0.06 | ||
| Q2 24 | $0.93 | $-0.24 |
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 | $2.4B |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.6B | $2.7B |
| 总资产 | $5.0B | $4.4B |
| 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ACAROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $214.6M | $2.3B | ||
| Q3 25 | $220.0M | $2.3B | ||
| Q2 25 | $189.7M | $2.3B | ||
| Q1 25 | $167.9M | $2.3B | ||
| Q4 24 | $187.3M | $2.2B | ||
| Q3 24 | $756.8M | $2.1B | ||
| Q2 24 | $103.7M | $2.1B |
总债务ACAROKU
| Q1 26 | — | — | ||
| 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 | — |
股东权益ACAROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $2.6B | $2.7B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.5B | $2.6B | ||
| Q1 25 | $2.5B | $2.5B | ||
| Q4 24 | $2.4B | $2.5B | ||
| Q3 24 | $2.4B | $2.5B | ||
| Q2 24 | $2.4B | $2.4B |
总资产ACAROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $5.0B | $4.4B | ||
| Q3 25 | $5.1B | $4.4B | ||
| Q2 25 | $5.0B | $4.3B | ||
| Q1 25 | $4.9B | $4.2B | ||
| Q4 24 | $4.9B | $4.3B | ||
| Q3 24 | $4.4B | $4.3B | ||
| Q2 24 | $3.8B | $4.1B |
负债/权益比ACAROKU
| Q1 26 | — | — | ||
| 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× | — |
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 | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $298.4M |
| 自由现金流率自由现金流/营收 | 7.8% | 23.9% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $175.5M | $640.0M |
8季度趋势，按日历期对齐
经营现金流ACAROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $120.0M | $107.7M | ||
| Q3 25 | $160.6M | $127.6M | ||
| Q2 25 | $61.2M | $109.7M | ||
| Q1 25 | $-700.0K | $138.7M | ||
| Q4 24 | $248.2M | $79.3M | ||
| Q3 24 | $135.0M | $68.7M | ||
| Q2 24 | $38.3M | $23.4M |
自由现金流ACAROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $55.8M | $106.6M | ||
| Q3 25 | $121.0M | $126.5M | ||
| Q2 25 | $33.4M | $108.6M | ||
| Q1 25 | $-34.7M | $136.8M | ||
| Q4 24 | $194.9M | $76.8M | ||
| Q3 24 | $100.6M | $67.6M | ||
| Q2 24 | $-9.3M | $22.5M |
自由现金流率ACAROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 7.8% | 7.6% | ||
| Q3 25 | 15.2% | 10.4% | ||
| Q2 25 | 4.5% | 9.8% | ||
| Q1 25 | -5.5% | 13.4% | ||
| Q4 24 | 29.3% | 6.4% | ||
| Q3 24 | 15.7% | 6.4% | ||
| Q2 24 | -1.4% | 2.3% |
资本支出强度ACAROKU
| Q1 26 | — | — | ||
| Q4 25 | 9.0% | 0.1% | ||
| Q3 25 | 5.0% | 0.1% | ||
| Q2 25 | 3.8% | 0.1% | ||
| Q1 25 | 5.4% | 0.2% | ||
| Q4 24 | 8.0% | 0.2% | ||
| Q3 24 | 5.4% | 0.1% | ||
| Q2 24 | 7.2% | 0.1% |
现金转化率ACAROKU
| Q1 26 | — | — | ||
| Q4 25 | 2.30× | 1.34× | ||
| Q3 25 | 2.20× | 5.14× | ||
| Q2 25 | 1.03× | 10.45× | ||
| Q1 25 | -0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.13× | — | ||
| Q2 24 | 0.84× | — |
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% |
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
