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Arcosa, Inc.（ACA）与RAYONIER ADVANCED MATERIALS INC.（RYAM）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RAYONIER ADVANCED MATERIALS INC.的1.7倍（$716.7M vs $417.5M），Arcosa, Inc.净利率更高（7.3% vs -5.0%，领先12.3%），Arcosa, Inc.同比增速更快（7.6% vs -1.2%），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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
ACA vs RYAM — 直观对比
营收规模更大
ACA
是对方的1.7倍
$417.5M
营收增速更快
ACA
高出8.8%
-1.2%
净利率更高
ACA
高出12.3%
-5.0%
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 | $417.5M |
| 净利润 | $52.1M | $-21.1M |
| 毛利率 | 22.9% | 8.9% |
| 营业利润率 | 11.0% | 2.6% |
| 净利率 | 7.3% | -5.0% |
| 营收同比 | 7.6% | -1.2% |
| 净利润同比 | 776.6% | -31.9% |
| 每股收益（稀释后） | $1.06 | $-0.33 |
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ACARYAM
| Q4 25 | $716.7M | $417.5M | ||
| Q3 25 | $797.8M | $352.8M | ||
| Q2 25 | $736.9M | $340.0M | ||
| Q1 25 | $632.0M | $356.0M | ||
| Q4 24 | $666.2M | $422.5M | ||
| Q3 24 | $640.4M | $401.1M | ||
| Q2 24 | $664.7M | $419.0M | ||
| Q1 24 | $598.6M | $387.7M |
净利润ACARYAM
| Q4 25 | $52.1M | $-21.1M | ||
| Q3 25 | $73.0M | $-4.5M | ||
| Q2 25 | $59.7M | $-363.2M | ||
| Q1 25 | $23.6M | $-32.0M | ||
| Q4 24 | $-7.7M | $-16.0M | ||
| Q3 24 | $16.6M | $-32.6M | ||
| Q2 24 | $45.6M | $11.4M | ||
| Q1 24 | $39.2M | $-1.6M |
毛利率ACARYAM
| Q4 25 | 22.9% | 8.9% | ||
| Q3 25 | 24.1% | 9.7% | ||
| Q2 25 | 22.5% | 7.0% | ||
| Q1 25 | 19.8% | 6.8% | ||
| Q4 24 | 19.3% | 8.7% | ||
| Q3 24 | 21.3% | 10.9% | ||
| Q2 24 | 20.8% | 11.5% | ||
| Q1 24 | 18.6% | 9.5% |
营业利润率ACARYAM
| Q4 25 | 11.0% | 2.6% | ||
| Q3 25 | 14.1% | 2.8% | ||
| Q2 25 | 12.9% | -0.4% | ||
| Q1 25 | 8.8% | -4.2% | ||
| Q4 24 | 6.5% | 2.6% | ||
| Q3 24 | 5.3% | -4.2% | ||
| Q2 24 | 10.1% | 6.7% | ||
| Q1 24 | 8.9% | 4.4% |
净利率ACARYAM
| Q4 25 | 7.3% | -5.0% | ||
| Q3 25 | 9.2% | -1.3% | ||
| Q2 25 | 8.1% | -106.8% | ||
| Q1 25 | 3.7% | -9.0% | ||
| Q4 24 | -1.2% | -3.8% | ||
| Q3 24 | 2.6% | -8.1% | ||
| Q2 24 | 6.9% | 2.7% | ||
| Q1 24 | 6.5% | -0.4% |
每股收益（稀释后）ACARYAM
| Q4 25 | $1.06 | $-0.33 | ||
| Q3 25 | $1.48 | $-0.07 | ||
| Q2 25 | $1.22 | $-5.44 | ||
| Q1 25 | $0.48 | $-0.49 | ||
| Q4 24 | $-0.16 | $-0.25 | ||
| Q3 24 | $0.34 | $-0.49 | ||
| Q2 24 | $0.93 | $0.17 | ||
| Q1 24 | $0.80 | $-0.02 |
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 | $75.4M |
| 总债务越低越好 | $1.5B | $758.1M |
| 股东权益账面价值 | $2.6B | $316.6M |
| 总资产 | $5.0B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.57× | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资ACARYAM
| Q4 25 | $214.6M | $75.4M | ||
| Q3 25 | $220.0M | $77.0M | ||
| Q2 25 | $189.7M | $70.7M | ||
| Q1 25 | $167.9M | $129.9M | ||
| Q4 24 | $187.3M | $125.2M | ||
| Q3 24 | $756.8M | $136.1M | ||
| Q2 24 | $103.7M | $114.1M | ||
| Q1 24 | $176.5M | $54.6M |
总债务ACARYAM
| Q4 25 | $1.5B | $758.1M | ||
| Q3 25 | $1.6B | $763.5M | ||
| Q2 25 | $1.7B | $720.4M | ||
| Q1 25 | $1.7B | $707.0M | ||
| Q4 24 | $1.7B | $706.4M | ||
| Q3 24 | $1.2B | $747.7M | ||
| Q2 24 | $699.9M | $752.8M | ||
| Q1 24 | $600.6M | $755.6M |
股东权益ACARYAM
| Q4 25 | $2.6B | $316.6M | ||
| Q3 25 | $2.6B | $338.2M | ||
| Q2 25 | $2.5B | $342.3M | ||
| Q1 25 | $2.5B | $688.1M | ||
| Q4 24 | $2.4B | $713.9M | ||
| Q3 24 | $2.4B | $732.7M | ||
| Q2 24 | $2.4B | $755.1M | ||
| Q1 24 | $2.4B | $741.8M |
总资产ACARYAM
| Q4 25 | $5.0B | $1.8B | ||
| Q3 25 | $5.1B | $1.8B | ||
| Q2 25 | $5.0B | $1.8B | ||
| Q1 25 | $4.9B | $2.1B | ||
| Q4 24 | $4.9B | $2.1B | ||
| Q3 24 | $4.4B | $2.2B | ||
| Q2 24 | $3.8B | $2.2B | ||
| Q1 24 | $3.7B | $2.1B |
负债/权益比ACARYAM
| Q4 25 | 0.57× | 2.39× | ||
| Q3 25 | 0.61× | 2.26× | ||
| Q2 25 | 0.67× | 2.10× | ||
| Q1 25 | 0.68× | 1.03× | ||
| Q4 24 | 0.69× | 0.99× | ||
| Q3 24 | 0.51× | 1.02× | ||
| Q2 24 | 0.29× | 1.00× | ||
| Q1 24 | 0.25× | 1.02× |
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 | $32.3M |
| 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× | — |
| 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ACARYAM
| Q4 25 | $120.0M | $32.3M | ||
| Q3 25 | $160.6M | $-17.8M | ||
| Q2 25 | $61.2M | $-30.2M | ||
| Q1 25 | $-700.0K | $39.6M | ||
| Q4 24 | $248.2M | $54.9M | ||
| Q3 24 | $135.0M | $49.8M | ||
| Q2 24 | $38.3M | $87.6M | ||
| Q1 24 | $80.5M | $11.3M |
自由现金流ACARYAM
| 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ACARYAM
| 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ACARYAM
| 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ACARYAM
| Q4 25 | 2.30× | — | ||
| Q3 25 | 2.20× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | -0.03× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.13× | — | ||
| Q2 24 | 0.84× | 7.69× | ||
| 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% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
