vs
ProFrac Holding Corp.（ACDC）与TreeHouse Foods, Inc.（THS）财务数据对比。点击上方公司名可切换其他公司
TreeHouse Foods, Inc.的季度营收约是ProFrac Holding Corp.的1.9倍（$840.3M vs $436.5M），TreeHouse Foods, Inc.净利率更高（-31.6% vs -33.2%，领先1.5%），TreeHouse Foods, Inc.同比增速更快（0.1% vs -4.0%），过去两年TreeHouse Foods, Inc.的营收复合增速更高（-3.9% 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。
树屋食品公司是一家跨国食品加工企业，主打贴牌包装食品生产，总部位于美国伊利诺伊州奥克布鲁克，2005年成立后完全通过收购拓展业务。2010年该公司销售额达20亿美元，在20座工厂拥有超4000名员工，曾获评《食品加工》杂志2010年度加工企业，被称为“你没听过的大型企业”。
ACDC vs THS — 直观对比
营收规模更大
THS
是对方的1.9倍
$436.5M
营收增速更快
THS
高出4.1%
-4.0%
净利率更高
THS
高出1.5%
-33.2%
两年增速更快
THS
近两年复合增速
-13.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $840.3M |
| 净利润 | $-144.7M | $-265.8M |
| 毛利率 | — | 18.8% |
| 营业利润率 | -24.9% | -30.2% |
| 净利率 | -33.2% | -31.6% |
| 营收同比 | -4.0% | 0.1% |
| 净利润同比 | -37.8% | -7717.6% |
| 每股收益（稀释后） | $-0.83 | $-5.26 |
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ACDCTHS
| Q4 25 | $436.5M | — | ||
| Q3 25 | $403.1M | $840.3M | ||
| Q2 25 | $501.9M | $798.0M | ||
| Q1 25 | $600.3M | $792.0M | ||
| Q4 24 | $454.7M | $905.7M | ||
| Q3 24 | $575.3M | $839.1M | ||
| Q2 24 | $579.4M | $788.5M | ||
| Q1 24 | $581.5M | $820.7M |
净利润ACDCTHS
| Q4 25 | $-144.7M | — | ||
| Q3 25 | $-100.9M | $-265.8M | ||
| Q2 25 | $-105.9M | $-2.9M | ||
| Q1 25 | $-17.5M | $-31.8M | ||
| Q4 24 | $-105.0M | $58.7M | ||
| Q3 24 | $-45.2M | $-3.4M | ||
| Q2 24 | $-66.7M | $-16.7M | ||
| Q1 24 | $1.8M | $-11.7M |
毛利率ACDCTHS
| Q4 25 | — | — | ||
| Q3 25 | — | 18.8% | ||
| Q2 25 | — | 17.4% | ||
| Q1 25 | — | 14.5% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 16.3% | ||
| Q1 24 | — | 13.6% |
营业利润率ACDCTHS
| Q4 25 | -24.9% | — | ||
| Q3 25 | -19.5% | -30.2% | ||
| Q2 25 | -10.8% | 3.4% | ||
| Q1 25 | 2.7% | -0.7% | ||
| Q4 24 | -10.3% | 8.9% | ||
| Q3 24 | -0.7% | 3.8% | ||
| Q2 24 | -8.5% | -0.5% | ||
| Q1 24 | 6.9% | -0.6% |
净利率ACDCTHS
| Q4 25 | -33.2% | — | ||
| Q3 25 | -25.0% | -31.6% | ||
| Q2 25 | -21.1% | -0.4% | ||
| Q1 25 | -2.9% | -4.0% | ||
| Q4 24 | -23.1% | 6.5% | ||
| Q3 24 | -7.9% | -0.4% | ||
| Q2 24 | -11.5% | -2.1% | ||
| Q1 24 | 0.3% | -1.4% |
每股收益（稀释后）ACDCTHS
| Q4 25 | $-0.83 | — | ||
| Q3 25 | $-0.60 | $-5.26 | ||
| Q2 25 | $-0.67 | $-0.06 | ||
| Q1 25 | $-0.12 | $-0.63 | ||
| Q4 24 | $-0.67 | $1.12 | ||
| Q3 24 | $-0.29 | $-0.07 | ||
| Q2 24 | $-0.42 | $-0.32 | ||
| Q1 24 | $0.00 | $-0.22 |
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 | $21.0M |
| 总债务越低越好 | $832.7M | $1.5B |
| 股东权益账面价值 | $717.5M | $1.3B |
| 总资产 | $2.6B | $3.8B |
| 负债/权益比越低杠杆越低 | 1.16× | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资ACDCTHS
| Q4 25 | $22.9M | — | ||
| Q3 25 | $58.0M | $21.0M | ||
| Q2 25 | $26.0M | $17.1M | ||
| Q1 25 | $16.0M | $16.4M | ||
| Q4 24 | $14.8M | $289.6M | ||
| Q3 24 | $25.5M | $102.0M | ||
| Q2 24 | $24.0M | $105.8M | ||
| Q1 24 | $28.3M | $191.8M |
总债务ACDCTHS
| Q4 25 | $832.7M | — | ||
| Q3 25 | $907.0M | $1.5B | ||
| Q2 25 | $941.9M | $1.5B | ||
| Q1 25 | $967.9M | $1.4B | ||
| Q4 24 | $936.1M | $1.4B | ||
| Q3 24 | $986.7M | $1.4B | ||
| Q2 24 | $1.0B | $1.4B | ||
| Q1 24 | $895.1M | $1.4B |
股东权益ACDCTHS
| Q4 25 | $717.5M | — | ||
| Q3 25 | $862.0M | $1.3B | ||
| Q2 25 | $875.5M | $1.5B | ||
| Q1 25 | $988.1M | $1.5B | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.2B | $1.6B |
总资产ACDCTHS
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.7B | $3.8B | ||
| Q2 25 | $2.8B | $4.0B | ||
| Q1 25 | $3.0B | $3.9B | ||
| Q4 24 | $3.0B | $4.0B | ||
| Q3 24 | $3.1B | $4.0B | ||
| Q2 24 | $3.2B | $3.9B | ||
| Q1 24 | $3.0B | $4.0B |
负债/权益比ACDCTHS
| Q4 25 | 1.16× | — | ||
| Q3 25 | 1.05× | 1.18× | ||
| Q2 25 | 1.08× | 0.98× | ||
| Q1 25 | 0.98× | 0.93× | ||
| Q4 24 | 0.93× | 0.90× | ||
| Q3 24 | 0.90× | 0.90× | ||
| Q2 24 | 0.88× | 0.90× | ||
| Q1 24 | 0.74× | 0.87× |
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 | $38.2M |
| 自由现金流经营现金流 - 资本支出 | $12.9M | — |
| 自由现金流率自由现金流/营收 | 3.0% | — |
| 资本支出强度资本支出/营收 | 8.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 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ACDCTHS
| Q4 25 | $49.5M | — | ||
| Q3 25 | $900.0K | $38.2M | ||
| Q2 25 | $100.4M | $-47.2M | ||
| Q1 25 | $38.7M | $-53.5M | ||
| Q4 24 | $76.5M | $296.2M | ||
| Q3 24 | $98.2M | $41.4M | ||
| Q2 24 | $113.5M | $-19.4M | ||
| Q1 24 | $79.1M | $-52.4M |
自由现金流ACDCTHS
| Q4 25 | $12.9M | — | ||
| Q3 25 | $-33.4M | — | ||
| Q2 25 | $53.9M | — | ||
| Q1 25 | $-13.8M | — | ||
| Q4 24 | $13.3M | — | ||
| Q3 24 | $28.2M | — | ||
| Q2 24 | $51.6M | $-42.2M | ||
| Q1 24 | $19.2M | $-80.7M |
自由现金流率ACDCTHS
| Q4 25 | 3.0% | — | ||
| Q3 25 | -8.3% | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | -2.3% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 8.9% | -5.4% | ||
| Q1 24 | 3.3% | -9.8% |
资本支出强度ACDCTHS
| Q4 25 | 8.4% | — | ||
| Q3 25 | 8.5% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 8.7% | — | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 10.7% | 2.9% | ||
| Q1 24 | 10.3% | 3.4% |
现金转化率ACDCTHS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
THS
| Retail Grocery Customers | $670.6M | 80% |
| Food Away From Home And Other | $85.3M | 10% |
| Co Manufacturing | $84.4M | 10% |
