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Arcosa, Inc.（ACA）与STARWOOD PROPERTY TRUST, INC.（STWD）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STARWOOD PROPERTY TRUST, INC.的1.5倍（$716.7M vs $492.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 7.3%，领先12.4%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs 7.6%），过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs -2.9%）
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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
ACA vs STWD — 直观对比
营收规模更大
ACA
是对方的1.5倍
$492.9M
营收增速更快
STWD
高出0.9%
7.6%
净利率更高
STWD
高出12.4%
7.3%
两年增速更快
ACA
近两年复合增速
-2.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $492.9M |
| 净利润 | $52.1M | $96.9M |
| 毛利率 | 22.9% | — |
| 营业利润率 | 11.0% | 26.6% |
| 净利率 | 7.3% | 19.7% |
| 营收同比 | 7.6% | 8.5% |
| 净利润同比 | 776.6% | 87.7% |
| 每股收益（稀释后） | $1.06 | $0.25 |
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ACASTWD
| Q4 25 | $716.7M | $492.9M | ||
| Q3 25 | $797.8M | $488.9M | ||
| Q2 25 | $736.9M | $444.3M | ||
| Q1 25 | $632.0M | $418.2M | ||
| Q4 24 | $666.2M | $454.4M | ||
| Q3 24 | $640.4M | $479.5M | ||
| Q2 24 | $664.7M | $489.8M | ||
| Q1 24 | $598.6M | $523.1M |
净利润ACASTWD
| Q4 25 | $52.1M | $96.9M | ||
| Q3 25 | $73.0M | $72.6M | ||
| Q2 25 | $59.7M | $129.8M | ||
| Q1 25 | $23.6M | $112.3M | ||
| Q4 24 | $-7.7M | $51.6M | ||
| Q3 24 | $16.6M | $76.1M | ||
| Q2 24 | $45.6M | $77.9M | ||
| Q1 24 | $39.2M | $154.3M |
毛利率ACASTWD
| 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ACASTWD
| Q4 25 | 11.0% | 26.6% | ||
| Q3 25 | 14.1% | 19.1% | ||
| Q2 25 | 12.9% | 30.5% | ||
| Q1 25 | 8.8% | 28.7% | ||
| Q4 24 | 6.5% | 15.1% | ||
| Q3 24 | 5.3% | 17.2% | ||
| Q2 24 | 10.1% | 19.1% | ||
| Q1 24 | 8.9% | 30.8% |
净利率ACASTWD
| Q4 25 | 7.3% | 19.7% | ||
| Q3 25 | 9.2% | 14.8% | ||
| Q2 25 | 8.1% | 29.2% | ||
| Q1 25 | 3.7% | 26.8% | ||
| Q4 24 | -1.2% | 11.4% | ||
| Q3 24 | 2.6% | 15.9% | ||
| Q2 24 | 6.9% | 15.9% | ||
| Q1 24 | 6.5% | 29.5% |
每股收益（稀释后）ACASTWD
| Q4 25 | $1.06 | $0.25 | ||
| Q3 25 | $1.48 | $0.19 | ||
| Q2 25 | $1.22 | $0.38 | ||
| Q1 25 | $0.48 | $0.33 | ||
| Q4 24 | $-0.16 | $0.15 | ||
| Q3 24 | $0.34 | $0.23 | ||
| Q2 24 | $0.93 | $0.24 | ||
| Q1 24 | $0.80 | $0.48 |
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 | $499.5M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.6B | $6.8B |
| 总资产 | $5.0B | $63.2B |
| 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ACASTWD
| Q4 25 | $214.6M | $499.5M | ||
| Q3 25 | $220.0M | $301.1M | ||
| Q2 25 | $189.7M | $259.9M | ||
| Q1 25 | $167.9M | $440.6M | ||
| Q4 24 | $187.3M | $377.8M | ||
| Q3 24 | $756.8M | $357.9M | ||
| Q2 24 | $103.7M | $259.3M | ||
| Q1 24 | $176.5M | $327.4M |
总债务ACASTWD
| 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ACASTWD
| Q4 25 | $2.6B | $6.8B | ||
| Q3 25 | $2.6B | $6.9B | ||
| Q2 25 | $2.5B | $6.4B | ||
| Q1 25 | $2.5B | $6.4B | ||
| Q4 24 | $2.4B | $6.4B | ||
| Q3 24 | $2.4B | $6.5B | ||
| Q2 24 | $2.4B | $6.2B | ||
| Q1 24 | $2.4B | $6.3B |
总资产ACASTWD
| Q4 25 | $5.0B | $63.2B | ||
| Q3 25 | $5.1B | $62.4B | ||
| Q2 25 | $5.0B | $62.4B | ||
| Q1 25 | $4.9B | $62.2B | ||
| Q4 24 | $4.9B | $62.6B | ||
| Q3 24 | $4.4B | $64.2B | ||
| Q2 24 | $3.8B | $64.1B | ||
| Q1 24 | $3.7B | $66.2B |
负债/权益比ACASTWD
| 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 | $488.8M |
| 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× | 5.04× |
| 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ACASTWD
| Q4 25 | $120.0M | $488.8M | ||
| Q3 25 | $160.6M | $337.6M | ||
| Q2 25 | $61.2M | $-87.4M | ||
| Q1 25 | $-700.0K | $238.9M | ||
| Q4 24 | $248.2M | $295.6M | ||
| Q3 24 | $135.0M | $241.8M | ||
| Q2 24 | $38.3M | $53.3M | ||
| Q1 24 | $80.5M | $55.9M |
自由现金流ACASTWD
| 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ACASTWD
| 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ACASTWD
| 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ACASTWD
| Q4 25 | 2.30× | 5.04× | ||
| Q3 25 | 2.20× | 4.65× | ||
| Q2 25 | 1.03× | -0.67× | ||
| Q1 25 | -0.03× | 2.13× | ||
| Q4 24 | — | 5.72× | ||
| Q3 24 | 8.13× | 3.18× | ||
| Q2 24 | 0.84× | 0.68× | ||
| Q1 24 | 2.05× | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
