vs
ProFrac Holding Corp.（ACDC）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是ProFrac Holding Corp.的1.1倍（$461.6M vs $436.5M），RBC Bearings INC净利率更高（14.6% vs -33.2%，领先47.8%），RBC Bearings INC同比增速更快（17.0% vs -4.0%），RBC Bearings INC自由现金流更多（$99.1M vs $12.9M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs -13.4%）
ProFrac Holding Corp.是一家领先的北美能源服务企业，主要为油气勘探开采企业提供水力压裂、完井及相关配套服务，核心客户覆盖美国、加拿大主要陆上页岩及常规油气产区的上游运营商。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
ACDC vs RBC — 直观对比
营收规模更大
RBC
是对方的1.1倍
$436.5M
营收增速更快
RBC
高出21.0%
-4.0%
净利率更高
RBC
高出47.8%
-33.2%
自由现金流更多
RBC
多$86.2M
$12.9M
两年增速更快
RBC
近两年复合增速
-13.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $461.6M |
| 净利润 | $-144.7M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | -24.9% | 22.3% |
| 净利率 | -33.2% | 14.6% |
| 营收同比 | -4.0% | 17.0% |
| 净利润同比 | -37.8% | 16.4% |
| 每股收益（稀释后） | $-0.83 | $2.13 |
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ACDCRBC
| Q4 25 | $436.5M | $461.6M | ||
| Q3 25 | $403.1M | $455.3M | ||
| Q2 25 | $501.9M | $436.0M | ||
| Q1 25 | $600.3M | $437.7M | ||
| Q4 24 | $454.7M | $394.4M | ||
| Q3 24 | $575.3M | $397.9M | ||
| Q2 24 | $579.4M | $406.3M | ||
| Q1 24 | $581.5M | $413.7M |
净利润ACDCRBC
| Q4 25 | $-144.7M | $67.4M | ||
| Q3 25 | $-100.9M | $60.0M | ||
| Q2 25 | $-105.9M | $68.5M | ||
| Q1 25 | $-17.5M | $72.7M | ||
| Q4 24 | $-105.0M | $57.9M | ||
| Q3 24 | $-45.2M | $54.2M | ||
| Q2 24 | $-66.7M | $61.4M | ||
| Q1 24 | $1.8M | — |
毛利率ACDCRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% | ||
| Q1 24 | — | 43.1% |
营业利润率ACDCRBC
| Q4 25 | -24.9% | 22.3% | ||
| Q3 25 | -19.5% | 21.5% | ||
| Q2 25 | -10.8% | 23.2% | ||
| Q1 25 | 2.7% | 23.0% | ||
| Q4 24 | -10.3% | 21.7% | ||
| Q3 24 | -0.7% | 21.6% | ||
| Q2 24 | -8.5% | 24.0% | ||
| Q1 24 | 6.9% | 22.8% |
净利率ACDCRBC
| Q4 25 | -33.2% | 14.6% | ||
| Q3 25 | -25.0% | 13.2% | ||
| Q2 25 | -21.1% | 15.7% | ||
| Q1 25 | -2.9% | 16.6% | ||
| Q4 24 | -23.1% | 14.7% | ||
| Q3 24 | -7.9% | 13.6% | ||
| Q2 24 | -11.5% | 15.1% | ||
| Q1 24 | 0.3% | — |
每股收益（稀释后）ACDCRBC
| Q4 25 | $-0.83 | $2.13 | ||
| Q3 25 | $-0.60 | $1.90 | ||
| Q2 25 | $-0.67 | $2.17 | ||
| Q1 25 | $-0.12 | $2.33 | ||
| Q4 24 | $-0.67 | $1.82 | ||
| Q3 24 | $-0.29 | $1.65 | ||
| Q2 24 | $-0.42 | $1.90 | ||
| Q1 24 | $0.00 | $1.92 |
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 | $22.9M | $107.6M |
| 总债务越低越好 | $832.7M | $990.2M |
| 股东权益账面价值 | $717.5M | $3.3B |
| 总资产 | $2.6B | $5.1B |
| 负债/权益比越低杠杆越低 | 1.16× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资ACDCRBC
| Q4 25 | $22.9M | $107.6M | ||
| Q3 25 | $58.0M | $91.2M | ||
| Q2 25 | $26.0M | $132.9M | ||
| Q1 25 | $16.0M | $36.8M | ||
| Q4 24 | $14.8M | — | ||
| Q3 24 | $25.5M | — | ||
| Q2 24 | $24.0M | $76.8M | ||
| Q1 24 | $28.3M | $63.5M |
总债务ACDCRBC
| Q4 25 | $832.7M | $990.2M | ||
| Q3 25 | $907.0M | $1.1B | ||
| Q2 25 | $941.9M | $915.6M | ||
| Q1 25 | $967.9M | $920.1M | ||
| Q4 24 | $936.1M | — | ||
| Q3 24 | $986.7M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $895.1M | $1.2B |
股东权益ACDCRBC
| Q4 25 | $717.5M | $3.3B | ||
| Q3 25 | $862.0M | $3.2B | ||
| Q2 25 | $875.5M | $3.1B | ||
| Q1 25 | $988.1M | $3.0B | ||
| Q4 24 | $1.0B | $2.9B | ||
| Q3 24 | $1.1B | $2.9B | ||
| Q2 24 | $1.1B | $2.8B | ||
| Q1 24 | $1.2B | $2.8B |
总资产ACDCRBC
| Q4 25 | $2.6B | $5.1B | ||
| Q3 25 | $2.7B | $5.1B | ||
| Q2 25 | $2.8B | $4.8B | ||
| Q1 25 | $3.0B | $4.7B | ||
| Q4 24 | $3.0B | $4.7B | ||
| Q3 24 | $3.1B | $4.7B | ||
| Q2 24 | $3.2B | $4.7B | ||
| Q1 24 | $3.0B | $4.7B |
负债/权益比ACDCRBC
| Q4 25 | 1.16× | 0.30× | ||
| Q3 25 | 1.05× | 0.34× | ||
| Q2 25 | 1.08× | 0.29× | ||
| Q1 25 | 0.98× | 0.30× | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.74× | 0.43× |
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 | $49.5M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $12.9M | $99.1M |
| 自由现金流率自由现金流/营收 | 3.0% | 21.5% |
| 资本支出强度资本支出/营收 | 8.4% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $19.6M | — |
8季度趋势，按日历期对齐
经营现金流ACDCRBC
| Q4 25 | $49.5M | $122.1M | ||
| Q3 25 | $900.0K | $88.4M | ||
| Q2 25 | $100.4M | $120.0M | ||
| Q1 25 | $38.7M | — | ||
| Q4 24 | $76.5M | $84.0M | ||
| Q3 24 | $98.2M | — | ||
| Q2 24 | $113.5M | $97.4M | ||
| Q1 24 | $79.1M | — |
自由现金流ACDCRBC
| Q4 25 | $12.9M | $99.1M | ||
| Q3 25 | $-33.4M | $71.7M | ||
| Q2 25 | $53.9M | $104.3M | ||
| Q1 25 | $-13.8M | — | ||
| Q4 24 | $13.3M | $73.6M | ||
| Q3 24 | $28.2M | — | ||
| Q2 24 | $51.6M | $88.4M | ||
| Q1 24 | $19.2M | — |
自由现金流率ACDCRBC
| Q4 25 | 3.0% | 21.5% | ||
| Q3 25 | -8.3% | 15.7% | ||
| Q2 25 | 10.7% | 23.9% | ||
| Q1 25 | -2.3% | — | ||
| Q4 24 | 2.9% | 18.7% | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 8.9% | 21.8% | ||
| Q1 24 | 3.3% | — |
资本支出强度ACDCRBC
| Q4 25 | 8.4% | 5.0% | ||
| Q3 25 | 8.5% | 3.7% | ||
| Q2 25 | 9.3% | 3.6% | ||
| Q1 25 | 8.7% | 3.2% | ||
| Q4 24 | 13.9% | 2.6% | ||
| Q3 24 | 12.2% | 4.1% | ||
| Q2 24 | 10.7% | 2.2% | ||
| Q1 24 | 10.3% | — |
现金转化率ACDCRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.59× | ||
| Q1 24 | 43.94× | — |
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
ACDC
| Services | $385.6M | 88% |
| Products | $50.9M | 12% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
