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Arcosa, Inc.（ACA）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Arcosa, Inc.的1.1倍（$814.9M vs $716.7M），Ubiquiti Inc.净利率更高（28.7% vs 7.3%，领先21.4%），Ubiquiti Inc.同比增速更快（35.8% vs 7.6%），Ubiquiti Inc.自由现金流更多（$260.3M vs $55.8M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% 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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
ACA vs UI — 直观对比
营收规模更大
UI
是对方的1.1倍
$716.7M
营收增速更快
UI
高出28.3%
7.6%
净利率更高
UI
高出21.4%
7.3%
自由现金流更多
UI
多$204.5M
$55.8M
两年增速更快
UI
近两年复合增速
9.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $814.9M |
| 净利润 | $52.1M | $233.6M |
| 毛利率 | 22.9% | 45.9% |
| 营业利润率 | 11.0% | 35.9% |
| 净利率 | 7.3% | 28.7% |
| 营收同比 | 7.6% | 35.8% |
| 净利润同比 | 776.6% | 70.8% |
| 每股收益（稀释后） | $1.06 | $3.86 |
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ACAUI
| Q4 25 | $716.7M | $814.9M | ||
| Q3 25 | $797.8M | $733.8M | ||
| Q2 25 | $736.9M | $759.2M | ||
| Q1 25 | $632.0M | $664.2M | ||
| Q4 24 | $666.2M | $599.9M | ||
| Q3 24 | $640.4M | $550.3M | ||
| Q2 24 | $664.7M | $507.5M | ||
| Q1 24 | $598.6M | $493.0M |
净利润ACAUI
| Q4 25 | $52.1M | $233.6M | ||
| Q3 25 | $73.0M | $207.9M | ||
| Q2 25 | $59.7M | $266.7M | ||
| Q1 25 | $23.6M | $180.4M | ||
| Q4 24 | $-7.7M | $136.8M | ||
| Q3 24 | $16.6M | $128.0M | ||
| Q2 24 | $45.6M | $103.8M | ||
| Q1 24 | $39.2M | $76.3M |
毛利率ACAUI
| Q4 25 | 22.9% | 45.9% | ||
| Q3 25 | 24.1% | 46.0% | ||
| Q2 25 | 22.5% | 45.1% | ||
| Q1 25 | 19.8% | 44.5% | ||
| Q4 24 | 19.3% | 41.2% | ||
| Q3 24 | 21.3% | 42.1% | ||
| Q2 24 | 20.8% | 40.2% | ||
| Q1 24 | 18.6% | 35.3% |
营业利润率ACAUI
| Q4 25 | 11.0% | 35.9% | ||
| Q3 25 | 14.1% | 35.7% | ||
| Q2 25 | 12.9% | 34.4% | ||
| Q1 25 | 8.8% | 34.2% | ||
| Q4 24 | 6.5% | 29.8% | ||
| Q3 24 | 5.3% | 30.7% | ||
| Q2 24 | 10.1% | 27.3% | ||
| Q1 24 | 8.9% | 22.6% |
净利率ACAUI
| Q4 25 | 7.3% | 28.7% | ||
| Q3 25 | 9.2% | 28.3% | ||
| Q2 25 | 8.1% | 35.1% | ||
| Q1 25 | 3.7% | 27.2% | ||
| Q4 24 | -1.2% | 22.8% | ||
| Q3 24 | 2.6% | 23.3% | ||
| Q2 24 | 6.9% | 20.5% | ||
| Q1 24 | 6.5% | 15.5% |
每股收益（稀释后）ACAUI
| Q4 25 | $1.06 | $3.86 | ||
| Q3 25 | $1.48 | $3.43 | ||
| Q2 25 | $1.22 | $4.40 | ||
| Q1 25 | $0.48 | $2.98 | ||
| Q4 24 | $-0.16 | $2.26 | ||
| Q3 24 | $0.34 | $2.12 | ||
| Q2 24 | $0.93 | $1.72 | ||
| Q1 24 | $0.80 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | $1.5B | $47.5M |
| 股东权益账面价值 | $2.6B | $1.0B |
| 总资产 | $5.0B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.57× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资ACAUI
| Q4 25 | $214.6M | $302.8M | ||
| Q3 25 | $220.0M | $177.2M | ||
| Q2 25 | $189.7M | $149.7M | ||
| Q1 25 | $167.9M | $151.0M | ||
| Q4 24 | $187.3M | $133.1M | ||
| Q3 24 | $756.8M | $165.2M | ||
| Q2 24 | $103.7M | $126.3M | ||
| Q1 24 | $176.5M | $102.5M |
总债务ACAUI
| Q4 25 | $1.5B | $47.5M | ||
| Q3 25 | $1.6B | $133.8M | ||
| Q2 25 | $1.7B | $250.0M | ||
| Q1 25 | $1.7B | $340.0M | ||
| Q4 24 | $1.7B | $406.3M | ||
| Q3 24 | $1.2B | $552.5M | ||
| Q2 24 | $699.9M | $708.1M | ||
| Q1 24 | $600.6M | $877.5M |
股东权益ACAUI
| Q4 25 | $2.6B | $1.0B | ||
| Q3 25 | $2.6B | $828.4M | ||
| Q2 25 | $2.5B | $668.3M | ||
| Q1 25 | $2.5B | $436.1M | ||
| Q4 24 | $2.4B | $290.4M | ||
| Q3 24 | $2.4B | $188.1M | ||
| Q2 24 | $2.4B | $95.1M | ||
| Q1 24 | $2.4B | $25.9M |
总资产ACAUI
| Q4 25 | $5.0B | $1.6B | ||
| Q3 25 | $5.1B | $1.5B | ||
| Q2 25 | $5.0B | $1.5B | ||
| Q1 25 | $4.9B | $1.3B | ||
| Q4 24 | $4.9B | $1.2B | ||
| Q3 24 | $4.4B | $1.2B | ||
| Q2 24 | $3.8B | $1.2B | ||
| Q1 24 | $3.7B | $1.2B |
负债/权益比ACAUI
| Q4 25 | 0.57× | 0.05× | ||
| Q3 25 | 0.61× | 0.16× | ||
| Q2 25 | 0.67× | 0.37× | ||
| Q1 25 | 0.68× | 0.78× | ||
| Q4 24 | 0.69× | 1.40× | ||
| Q3 24 | 0.51× | 2.94× | ||
| Q2 24 | 0.29× | 7.45× | ||
| Q1 24 | 0.25× | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $260.3M |
| 自由现金流率自由现金流/营收 | 7.8% | 31.9% |
| 资本支出强度资本支出/营收 | 9.0% | 0.4% |
| 现金转化率经营现金流/净利润 | 2.30× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $175.5M | $699.5M |
8季度趋势，按日历期对齐
经营现金流ACAUI
| Q4 25 | $120.0M | $263.9M | ||
| Q3 25 | $160.6M | $198.5M | ||
| Q2 25 | $61.2M | $130.4M | ||
| Q1 25 | $-700.0K | $123.6M | ||
| Q4 24 | $248.2M | $152.4M | ||
| Q3 24 | $135.0M | $233.7M | ||
| Q2 24 | $38.3M | $231.4M | ||
| Q1 24 | $80.5M | $163.9M |
自由现金流ACAUI
| Q4 25 | $55.8M | $260.3M | ||
| Q3 25 | $121.0M | $193.3M | ||
| Q2 25 | $33.4M | $125.2M | ||
| Q1 25 | $-34.7M | $120.7M | ||
| Q4 24 | $194.9M | $150.4M | ||
| Q3 24 | $100.6M | $231.1M | ||
| Q2 24 | $-9.3M | $229.5M | ||
| Q1 24 | $26.1M | $160.6M |
自由现金流率ACAUI
| Q4 25 | 7.8% | 31.9% | ||
| Q3 25 | 15.2% | 26.3% | ||
| Q2 25 | 4.5% | 16.5% | ||
| Q1 25 | -5.5% | 18.2% | ||
| Q4 24 | 29.3% | 25.1% | ||
| Q3 24 | 15.7% | 42.0% | ||
| Q2 24 | -1.4% | 45.2% | ||
| Q1 24 | 4.4% | 32.6% |
资本支出强度ACAUI
| Q4 25 | 9.0% | 0.4% | ||
| Q3 25 | 5.0% | 0.7% | ||
| Q2 25 | 3.8% | 0.7% | ||
| Q1 25 | 5.4% | 0.4% | ||
| Q4 24 | 8.0% | 0.3% | ||
| Q3 24 | 5.4% | 0.5% | ||
| Q2 24 | 7.2% | 0.4% | ||
| Q1 24 | 9.1% | 0.7% |
现金转化率ACAUI
| Q4 25 | 2.30× | 1.13× | ||
| Q3 25 | 2.20× | 0.95× | ||
| Q2 25 | 1.03× | 0.49× | ||
| Q1 25 | -0.03× | 0.68× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | 8.13× | 1.83× | ||
| Q2 24 | 0.84× | 2.23× | ||
| Q1 24 | 2.05× | 2.15× |
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% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
