vs
美国鹰（AEO）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是美国鹰的1.0倍（$1.4B vs $1.4B），美国鹰净利率更高（6.7% vs -22.3%，领先29.0%），罗布乐思同比增速更快（43.2% vs 5.7%），罗布乐思自由现金流更多（$308.6M vs $-2.5M），过去两年罗布乐思的营收复合增速更高（32.9% vs 2.3%）
American Eagle Outfitters是美国知名服饰及配饰零售商，总部位于宾夕法尼亚州匹兹堡市南区工业园。品牌1977年由杰里·西尔弗曼与马克·西尔弗曼兄弟创立，最初为零售风险投资公司的子公司，旗下还运营西尔弗曼男装。1980年创始人向肖滕斯坦家族出售一半股权，1991年售罄剩余股份，目前旗下拥有Aerie、Unsubscribed等多个品牌。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
AEO vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.0倍
$1.4B
营收增速更快
RBLX
高出37.5%
5.7%
净利率更高
AEO
高出29.0%
-22.3%
自由现金流更多
RBLX
多$311.1M
$-2.5M
两年增速更快
RBLX
近两年复合增速
2.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $91.3M | $-316.0M |
| 毛利率 | 40.5% | 77.7% |
| 营业利润率 | 8.3% | -25.3% |
| 净利率 | 6.7% | -22.3% |
| 营收同比 | 5.7% | 43.2% |
| 净利润同比 | 14.2% | -43.9% |
| 每股收益（稀释后） | $0.53 | $-0.44 |
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AEORBLX
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $1.3B | $988.2M | ||
| Q3 24 | $1.3B | $919.0M | ||
| Q2 24 | $1.1B | $893.5M | ||
| Q1 24 | $1.7B | $801.3M |
净利润AEORBLX
| Q4 25 | $91.3M | $-316.0M | ||
| Q3 25 | $77.6M | $-255.6M | ||
| Q2 25 | $-64.9M | $-278.4M | ||
| Q1 25 | — | $-215.1M | ||
| Q4 24 | $80.0M | $-219.6M | ||
| Q3 24 | $77.3M | $-239.3M | ||
| Q2 24 | $67.8M | $-205.9M | ||
| Q1 24 | $6.3M | $-270.6M |
毛利率AEORBLX
| Q4 25 | 40.5% | 77.7% | ||
| Q3 25 | 38.9% | 78.2% | ||
| Q2 25 | 29.6% | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | 40.9% | 77.9% | ||
| Q3 24 | 38.6% | 77.7% | ||
| Q2 24 | 40.6% | 77.8% | ||
| Q1 24 | 36.6% | 77.7% |
营业利润率AEORBLX
| Q4 25 | 8.3% | -25.3% | ||
| Q3 25 | 8.0% | -21.8% | ||
| Q2 25 | -7.8% | -29.8% | ||
| Q1 25 | — | -24.6% | ||
| Q4 24 | 8.2% | -24.7% | ||
| Q3 24 | 7.8% | -30.4% | ||
| Q2 24 | 6.8% | -26.6% | ||
| Q1 24 | 0.6% | -37.7% |
净利率AEORBLX
| Q4 25 | 6.7% | -22.3% | ||
| Q3 25 | 6.0% | -18.8% | ||
| Q2 25 | -6.0% | -25.8% | ||
| Q1 25 | — | -20.8% | ||
| Q4 24 | 6.2% | -22.2% | ||
| Q3 24 | 6.0% | -26.0% | ||
| Q2 24 | 5.9% | -23.0% | ||
| Q1 24 | 0.4% | -33.8% |
每股收益（稀释后）AEORBLX
| Q4 25 | $0.53 | $-0.44 | ||
| Q3 25 | $0.45 | $-0.37 | ||
| Q2 25 | $-0.36 | $-0.41 | ||
| Q1 25 | — | $-0.32 | ||
| Q4 24 | $0.41 | $-0.32 | ||
| Q3 24 | $0.39 | $-0.37 | ||
| Q2 24 | $0.34 | $-0.32 | ||
| Q1 24 | $0.03 | $-0.43 |
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 | $112.8M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $1.6B | $394.5M |
| 总资产 | $4.2B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资AEORBLX
| Q4 25 | $112.8M | $3.1B | ||
| Q3 25 | $126.8M | $2.9B | ||
| Q2 25 | $87.9M | $2.6B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | $160.2M | $2.4B | ||
| Q3 24 | $191.8M | $2.3B | ||
| Q2 24 | $300.5M | $2.4B | ||
| Q1 24 | $454.1M | $2.4B |
总债务AEORBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | $1.2B | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | $0 | — |
股东权益AEORBLX
| Q4 25 | $1.6B | $394.5M | ||
| Q3 25 | $1.5B | $407.6M | ||
| Q2 25 | $1.5B | $353.2M | ||
| Q1 25 | — | $310.7M | ||
| Q4 24 | $1.7B | $221.4M | ||
| Q3 24 | $1.7B | $189.9M | ||
| Q2 24 | $1.8B | $121.5M | ||
| Q1 24 | $1.7B | $71.6M |
总资产AEORBLX
| Q4 25 | $4.2B | $9.6B | ||
| Q3 25 | $4.1B | $8.6B | ||
| Q2 25 | $3.8B | $7.8B | ||
| Q1 25 | — | $7.5B | ||
| Q4 24 | $3.7B | $7.2B | ||
| Q3 24 | $3.5B | $6.7B | ||
| Q2 24 | $3.6B | $6.5B | ||
| Q1 24 | $3.6B | $6.3B |
负债/权益比AEORBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | 5.48× | ||
| 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 | $67.1M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $308.6M |
| 自由现金流率自由现金流/营收 | -0.2% | 21.8% |
| 资本支出强度资本支出/营收 | 5.1% | 21.1% |
| 现金转化率经营现金流/净利润 | 0.74× | — |
| 过去12个月自由现金流最近4个季度 | $-169.8M | $1.4B |
8季度趋势，按日历期对齐
经营现金流AEORBLX
| Q4 25 | $67.1M | $607.0M | ||
| Q3 25 | $27.8M | $546.2M | ||
| Q2 25 | $-54.7M | $199.3M | ||
| Q1 25 | — | $443.9M | ||
| Q4 24 | $52.9M | $184.5M | ||
| Q3 24 | $78.3M | $247.4M | ||
| Q2 24 | $-38.1M | $151.4M | ||
| Q1 24 | $296.4M | $238.9M |
自由现金流AEORBLX
| Q4 25 | $-2.5M | $308.6M | ||
| Q3 25 | $-43.1M | $443.6M | ||
| Q2 25 | $-116.3M | $176.7M | ||
| Q1 25 | — | $426.5M | ||
| Q4 24 | $-7.8M | $120.6M | ||
| Q3 24 | $17.5M | $218.0M | ||
| Q2 24 | $-74.3M | $111.7M | ||
| Q1 24 | $256.8M | $192.3M |
自由现金流率AEORBLX
| Q4 25 | -0.2% | 21.8% | ||
| Q3 25 | -3.4% | 32.6% | ||
| Q2 25 | -10.7% | 16.3% | ||
| Q1 25 | — | 41.2% | ||
| Q4 24 | -0.6% | 12.2% | ||
| Q3 24 | 1.4% | 23.7% | ||
| Q2 24 | -6.5% | 12.5% | ||
| Q1 24 | 15.3% | 24.0% |
资本支出强度AEORBLX
| Q4 25 | 5.1% | 21.1% | ||
| Q3 25 | 5.5% | 7.5% | ||
| Q2 25 | 5.7% | 2.1% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | 4.7% | 6.5% | ||
| Q3 24 | 4.7% | 3.2% | ||
| Q2 24 | 3.2% | 4.4% | ||
| Q1 24 | 2.4% | 5.8% |
现金转化率AEORBLX
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | -0.56× | — | ||
| Q1 24 | 46.93× | — |
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
AEO
| American Eagle Brand | $800.4M | 59% |
| Aerie Brand | $429.1M | 31% |
| Other | $133.2M | 10% |
RBLX
暂无分部数据
