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ACV Auctions Inc.（ACVA）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是ACV Auctions Inc.的1.2倍（$225.0M vs $183.6M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 15.1%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $-14.7M），过去两年ACV Auctions Inc.的营收复合增速更高（12.3% vs -12.3%）
ACV Auctions Inc.是北美领先的数字化二手车批发拍卖平台，主要服务美加两地汽车经销商，提供车辆透明检测、安全支付、物流配送等全链条服务，助力注册批发买卖双方无需线下到场即可高效完成二手车交易。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
ACVA vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.2倍
$183.6M
营收增速更快
ROCK
高出9.8%
15.1%
自由现金流更多
ROCK
多$40.9M
$-14.7M
两年增速更快
ACVA
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.6M | $225.0M |
| 净利润 | — | — |
| 毛利率 | — | 25.3% |
| 营业利润率 | -9.7% | 7.9% |
| 净利率 | — | — |
| 营收同比 | 15.1% | 24.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.12 | — |
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ACVAROCK
| Q4 25 | $183.6M | $225.0M | ||
| Q3 25 | $199.6M | $310.9M | ||
| Q2 25 | $193.7M | $309.5M | ||
| Q1 25 | $182.7M | $290.0M | ||
| Q4 24 | $159.5M | $180.1M | ||
| Q3 24 | $171.3M | $277.1M | ||
| Q2 24 | $160.6M | $273.6M | ||
| Q1 24 | $145.7M | $292.5M |
净利润ACVAROCK
| Q4 25 | — | — | ||
| Q3 25 | $-24.5M | $-89.1M | ||
| Q2 25 | $-7.3M | $26.0M | ||
| Q1 25 | $-14.8M | $21.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-16.0M | $34.0M | ||
| Q2 24 | $-17.1M | $32.2M | ||
| Q1 24 | $-20.5M | $24.9M |
毛利率ACVAROCK
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 28.9% |
营业利润率ACVAROCK
| Q4 25 | -9.7% | 7.9% | ||
| Q3 25 | -11.9% | 12.8% | ||
| Q2 25 | -3.7% | 12.8% | ||
| Q1 25 | -7.9% | 8.8% | ||
| Q4 24 | -16.2% | 13.3% | ||
| Q3 24 | -10.0% | 15.6% | ||
| Q2 24 | -11.6% | 14.9% | ||
| Q1 24 | -15.5% | 10.8% |
净利率ACVAROCK
| Q4 25 | — | — | ||
| Q3 25 | -12.3% | -28.6% | ||
| Q2 25 | -3.8% | 8.4% | ||
| Q1 25 | -8.1% | 7.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | -9.4% | 12.3% | ||
| Q2 24 | -10.6% | 11.8% | ||
| Q1 24 | -14.1% | 8.5% |
每股收益（稀释后）ACVAROCK
| Q4 25 | $-0.12 | — | ||
| Q3 25 | $-0.14 | $-2.98 | ||
| Q2 25 | $-0.04 | $0.87 | ||
| Q1 25 | $-0.09 | — | ||
| Q4 24 | $-0.15 | — | ||
| Q3 24 | $-0.10 | $1.11 | ||
| Q2 24 | $-0.10 | $1.05 | ||
| Q1 24 | $-0.13 | — |
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 | $271.5M | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $429.7M | $950.4M |
| 总资产 | $1.1B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ACVAROCK
| Q4 25 | $271.5M | $115.7M | ||
| Q3 25 | $265.3M | $89.4M | ||
| Q2 25 | $258.4M | $43.3M | ||
| Q1 25 | $291.9M | $25.1M | ||
| Q4 24 | $224.1M | $269.5M | ||
| Q3 24 | $252.5M | $228.9M | ||
| Q2 24 | $215.0M | $179.1M | ||
| Q1 24 | $209.8M | $146.7M |
总债务ACVAROCK
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益ACVAROCK
| Q4 25 | $429.7M | $950.4M | ||
| Q3 25 | $434.4M | $951.8M | ||
| Q2 25 | $448.8M | $1.0B | ||
| Q1 25 | $439.6M | $1.0B | ||
| Q4 24 | $440.0M | $1.0B | ||
| Q3 24 | $456.2M | $1.0B | ||
| Q2 24 | $457.6M | $975.7M | ||
| Q1 24 | $458.3M | $940.2M |
总资产ACVAROCK
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $984.1M | $1.4B | ||
| Q3 24 | $1.0B | $1.4B | ||
| Q2 24 | $1.0B | $1.4B | ||
| Q1 24 | $1.0B | $1.3B |
负债/权益比ACVAROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $-12.4M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $26.2M |
| 自由现金流率自由现金流/营收 | -8.0% | 11.7% |
| 资本支出强度资本支出/营收 | 1.2% | 4.1% |
| 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 | $69.1M | $120.6M |
8季度趋势，按日历期对齐
经营现金流ACVAROCK
| Q4 25 | $-12.4M | $35.5M | ||
| Q3 25 | $10.3M | $73.0M | ||
| Q2 25 | $13.7M | $44.9M | ||
| Q1 25 | $66.6M | $13.7M | ||
| Q4 24 | $-3.2M | $19.9M | ||
| Q3 24 | $21.1M | $64.7M | ||
| Q2 24 | $4.5M | $36.5M | ||
| Q1 24 | $43.0M | $53.2M |
自由现金流ACVAROCK
| Q4 25 | $-14.7M | $26.2M | ||
| Q3 25 | $7.7M | $64.8M | ||
| Q2 25 | $10.9M | $27.3M | ||
| Q1 25 | $65.3M | $2.3M | ||
| Q4 24 | $-3.9M | $14.1M | ||
| Q3 24 | $20.2M | $60.5M | ||
| Q2 24 | $2.7M | $33.5M | ||
| Q1 24 | $41.9M | $48.8M |
自由现金流率ACVAROCK
| Q4 25 | -8.0% | 11.7% | ||
| Q3 25 | 3.8% | 20.8% | ||
| Q2 25 | 5.6% | 8.8% | ||
| Q1 25 | 35.7% | 0.8% | ||
| Q4 24 | -2.5% | 7.8% | ||
| Q3 24 | 11.8% | 21.8% | ||
| Q2 24 | 1.7% | 12.2% | ||
| Q1 24 | 28.8% | 16.7% |
资本支出强度ACVAROCK
| Q4 25 | 1.2% | 4.1% | ||
| Q3 25 | 1.3% | 2.6% | ||
| Q2 25 | 1.5% | 5.7% | ||
| Q1 25 | 0.7% | 3.9% | ||
| Q4 24 | 0.4% | 3.3% | ||
| Q3 24 | 0.6% | 1.5% | ||
| Q2 24 | 1.1% | 1.1% | ||
| Q1 24 | 0.7% | 1.5% |
现金转化率ACVAROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
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
ACVA
| Auction Marketplace Revenue | $77.6M | 42% |
| Other Marketplace Revenue | $72.4M | 39% |
| Customer Assurance | $24.1M | 13% |
| Data Services Revenue | $9.4M | 5% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
