vs
Arcosa, Inc.（ACA）与维蒙特工业（VMI）财务数据对比。点击上方公司名可切换其他公司
维蒙特工业的季度营收约是Arcosa, Inc.的1.4倍（$1.0B vs $716.7M）。维蒙特工业净利率更高（10.5% vs 7.3%，领先3.2%）。Arcosa, Inc.同比增速更快（7.6% vs 6.2%）。过去两年Arcosa, Inc.的营收复合增速更高（9.4% vs -0.5%）
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。
维蒙特工业是美国大型上市制造企业，核心产品包括Valley品牌中心支轴及线性灌溉设备、风电机组支撑结构、照明与交通信号灯杆、钢制公用设施杆塔，在全球农业设备及基建配套领域拥有领先的市场地位和技术优势。
ACA vs VMI — 直观对比
营收规模更大
VMI
是对方的1.4倍
$716.7M
营收增速更快
ACA
高出1.4%
6.2%
净利率更高
VMI
高出3.2%
7.3%
两年增速更快
ACA
近两年复合增速
-0.5%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $716.7M | $1.0B |
| 净利润 | $52.1M | $108.0M |
| 毛利率 | 22.9% | 30.8% |
| 营业利润率 | 11.0% | 15.1% |
| 净利率 | 7.3% | 10.5% |
| 营收同比 | 7.6% | 6.2% |
| 净利润同比 | 776.6% | 23.8% |
| 每股收益（稀释后） | $1.06 | $5.51 |
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ACAVMI
| Q1 26 | — | $1.0B | ||
| Q4 25 | $716.7M | $1.0B | ||
| Q3 25 | $797.8M | $1.0B | ||
| Q2 25 | $736.9M | $1.1B | ||
| Q1 25 | $632.0M | $969.3M | ||
| Q4 24 | $666.2M | $1.0B | ||
| Q3 24 | $640.4M | $1.0B | ||
| Q2 24 | $664.7M | $1.0B |
净利润ACAVMI
| Q1 26 | — | $108.0M | ||
| Q4 25 | $52.1M | $168.0M | ||
| Q3 25 | $73.0M | $99.0M | ||
| Q2 25 | $59.7M | $-4.0M | ||
| Q1 25 | $23.6M | $87.3M | ||
| Q4 24 | $-7.7M | $77.7M | ||
| Q3 24 | $16.6M | $83.1M | ||
| Q2 24 | $45.6M | $99.7M |
毛利率ACAVMI
| Q1 26 | — | 30.8% | ||
| Q4 25 | 22.9% | 29.8% | ||
| Q3 25 | 24.1% | 30.4% | ||
| Q2 25 | 22.5% | 30.6% | ||
| Q1 25 | 19.8% | 30.0% | ||
| Q4 24 | 19.3% | 30.2% | ||
| Q3 24 | 21.3% | 29.6% | ||
| Q2 24 | 20.8% | 30.8% |
营业利润率ACAVMI
| Q1 26 | — | 15.1% | ||
| Q4 25 | 11.0% | 11.2% | ||
| Q3 25 | 14.1% | 13.5% | ||
| Q2 25 | 12.9% | 2.8% | ||
| Q1 25 | 8.8% | 13.2% | ||
| Q4 24 | 6.5% | 11.6% | ||
| Q3 24 | 5.3% | 12.3% | ||
| Q2 24 | 10.1% | 14.2% |
净利率ACAVMI
| Q1 26 | — | 10.5% | ||
| Q4 25 | 7.3% | 16.2% | ||
| Q3 25 | 9.2% | 9.5% | ||
| Q2 25 | 8.1% | -0.4% | ||
| Q1 25 | 3.7% | 9.0% | ||
| Q4 24 | -1.2% | 7.5% | ||
| Q3 24 | 2.6% | 8.1% | ||
| Q2 24 | 6.9% | 9.6% |
每股收益（稀释后）ACAVMI
| Q1 26 | — | $5.51 | ||
| Q4 25 | $1.06 | $9.02 | ||
| Q3 25 | $1.48 | $4.98 | ||
| Q2 25 | $1.22 | $-1.53 | ||
| Q1 25 | $0.48 | $4.32 | ||
| Q4 24 | $-0.16 | $3.85 | ||
| Q3 24 | $0.34 | $4.11 | ||
| Q2 24 | $0.93 | $4.91 |
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 | $160.2M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $2.6B | $1.7B |
| 总资产 | $5.0B | $3.4B |
| 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ACAVMI
| Q1 26 | — | $160.2M | ||
| Q4 25 | $214.6M | $187.1M | ||
| Q3 25 | $220.0M | $226.1M | ||
| Q2 25 | $189.7M | $208.5M | ||
| Q1 25 | $167.9M | $184.4M | ||
| Q4 24 | $187.3M | $164.3M | ||
| Q3 24 | $756.8M | $200.5M | ||
| Q2 24 | $103.7M | $163.1M |
总债务ACAVMI
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $795.7M | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $730.6M | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $699.9M | — |
股东权益ACAVMI
| Q1 26 | — | $1.7B | ||
| Q4 25 | $2.6B | $1.6B | ||
| Q3 25 | $2.6B | $1.6B | ||
| Q2 25 | $2.5B | $1.5B | ||
| Q1 25 | $2.5B | $1.6B | ||
| Q4 24 | $2.4B | $1.5B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.4B | $1.5B |
总资产ACAVMI
| Q1 26 | — | $3.4B | ||
| Q4 25 | $5.0B | $3.4B | ||
| Q3 25 | $5.1B | $3.4B | ||
| Q2 25 | $5.0B | $3.3B | ||
| Q1 25 | $4.9B | $3.4B | ||
| Q4 24 | $4.9B | $3.3B | ||
| Q3 24 | $4.4B | $3.5B | ||
| Q2 24 | $3.8B | $3.5B |
负债/权益比ACAVMI
| Q1 26 | — | — | ||
| Q4 25 | 0.57× | 0.49× | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.68× | — | ||
| Q4 24 | 0.69× | 0.47× | ||
| 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 | — |
| 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ACAVMI
| Q1 26 | — | — | ||
| Q4 25 | $120.0M | $111.2M | ||
| Q3 25 | $160.6M | $112.5M | ||
| Q2 25 | $61.2M | $167.6M | ||
| Q1 25 | $-700.0K | $65.1M | ||
| Q4 24 | $248.2M | $193.4M | ||
| Q3 24 | $135.0M | $225.1M | ||
| Q2 24 | $38.3M | $130.8M |
自由现金流ACAVMI
| Q1 26 | — | — | ||
| Q4 25 | $55.8M | $70.4M | ||
| Q3 25 | $121.0M | $70.6M | ||
| Q2 25 | $33.4M | $135.6M | ||
| Q1 25 | $-34.7M | $34.8M | ||
| Q4 24 | $194.9M | $167.8M | ||
| Q3 24 | $100.6M | $204.6M | ||
| Q2 24 | $-9.3M | $112.5M |
自由现金流率ACAVMI
| Q1 26 | — | — | ||
| Q4 25 | 7.8% | 6.8% | ||
| Q3 25 | 15.2% | 6.7% | ||
| Q2 25 | 4.5% | 12.9% | ||
| Q1 25 | -5.5% | 3.6% | ||
| Q4 24 | 29.3% | 16.2% | ||
| Q3 24 | 15.7% | 20.1% | ||
| Q2 24 | -1.4% | 10.8% |
资本支出强度ACAVMI
| Q1 26 | — | — | ||
| Q4 25 | 9.0% | 3.9% | ||
| Q3 25 | 5.0% | 4.0% | ||
| Q2 25 | 3.8% | 3.0% | ||
| Q1 25 | 5.4% | 3.1% | ||
| Q4 24 | 8.0% | 2.5% | ||
| Q3 24 | 5.4% | 2.0% | ||
| Q2 24 | 7.2% | 1.8% |
现金转化率ACAVMI
| Q1 26 | — | — | ||
| Q4 25 | 2.30× | 0.66× | ||
| Q3 25 | 2.20× | 1.14× | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | -0.03× | 0.75× | ||
| Q4 24 | — | 2.49× | ||
| Q3 24 | 8.13× | 2.71× | ||
| Q2 24 | 0.84× | 1.31× |
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% |
VMI
| Infrastructure | $803.2M | 78% |
| Agriculture | $226.0M | 22% |
