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Alexander & Baldwin, Inc.（ALEX）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
Planet Labs PBC的季度营收约是Alexander & Baldwin, Inc.的1.6倍（$81.3M vs $51.0M），Alexander & Baldwin, Inc.净利率更高（7.4% vs -72.8%，领先80.2%），Planet Labs PBC同比增速更快（32.6% vs -18.4%），Alexander & Baldwin, Inc.自由现金流更多（$27.3M vs $1.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs -8.7%）
亚历山大-鲍德温公司是一家美国企业，曾是夏威夷领地时期五大财团之一，也是五大财团中最晚停止甘蔗种植的企业。目前公司主营房地产开发、土地运营以及建材与建筑业务，截至2020年，该公司是夏威夷最大的私人土地持有者之一，在当地拥有超2.8万英亩土地，运营着36处收益性物业。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
ALEX vs PL — 直观对比
营收规模更大
PL
是对方的1.6倍
$51.0M
营收增速更快
PL
高出51.0%
-18.4%
净利率更高
ALEX
高出80.2%
-72.8%
自由现金流更多
ALEX
多$25.4M
$1.9M
两年增速更快
PL
近两年复合增速
-8.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $81.3M |
| 净利润 | $3.8M | $-59.2M |
| 毛利率 | — | 57.3% |
| 营业利润率 | 17.1% | -22.6% |
| 净利率 | 7.4% | -72.8% |
| 营收同比 | -18.4% | 32.6% |
| 净利润同比 | -69.7% | -194.7% |
| 每股收益（稀释后） | $0.05 | $-0.19 |
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ALEXPL
| Q4 25 | $51.0M | $81.3M | ||
| Q3 25 | $50.2M | $73.4M | ||
| Q2 25 | $51.7M | $66.3M | ||
| Q1 25 | $53.7M | $61.6M | ||
| Q4 24 | $62.4M | $61.3M | ||
| Q3 24 | $61.9M | $61.1M | ||
| Q2 24 | $51.0M | $60.4M | ||
| Q1 24 | $61.2M | $58.9M |
净利润ALEXPL
| Q4 25 | $3.8M | $-59.2M | ||
| Q3 25 | $14.3M | $-22.6M | ||
| Q2 25 | $25.1M | $-12.6M | ||
| Q1 25 | $21.4M | $-35.2M | ||
| Q4 24 | $12.4M | $-20.1M | ||
| Q3 24 | $19.0M | $-38.7M | ||
| Q2 24 | $9.1M | $-29.3M | ||
| Q1 24 | $20.0M | $-30.1M |
毛利率ALEXPL
| Q4 25 | — | 57.3% | ||
| Q3 25 | — | 57.6% | ||
| Q2 25 | — | 55.2% | ||
| Q1 25 | — | 62.1% | ||
| Q4 24 | — | 61.2% | ||
| Q3 24 | — | 52.9% | ||
| Q2 24 | — | 52.4% | ||
| Q1 24 | — | 55.2% |
营业利润率ALEXPL
| Q4 25 | 17.1% | -22.6% | ||
| Q3 25 | 38.2% | -24.5% | ||
| Q2 25 | 54.4% | -34.4% | ||
| Q1 25 | 44.6% | -31.5% | ||
| Q4 24 | 28.3% | -36.9% | ||
| Q3 24 | 35.6% | -64.8% | ||
| Q2 24 | 31.8% | -57.2% | ||
| Q1 24 | 38.9% | -57.6% |
净利率ALEXPL
| Q4 25 | 7.4% | -72.8% | ||
| Q3 25 | 28.5% | -30.8% | ||
| Q2 25 | 48.6% | -19.1% | ||
| Q1 25 | 39.9% | -57.1% | ||
| Q4 24 | 19.9% | -32.8% | ||
| Q3 24 | 30.7% | -63.3% | ||
| Q2 24 | 17.8% | -48.5% | ||
| Q1 24 | 32.6% | -51.1% |
每股收益（稀释后）ALEXPL
| Q4 25 | $0.05 | $-0.19 | ||
| Q3 25 | $0.20 | $-0.07 | ||
| Q2 25 | $0.35 | $-0.04 | ||
| Q1 25 | $0.29 | $-0.12 | ||
| Q4 24 | $0.16 | $-0.07 | ||
| Q3 24 | $0.26 | $-0.13 | ||
| Q2 24 | $0.13 | $-0.10 | ||
| Q1 24 | $0.28 | $-0.10 |
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 | $11.3M | $443.3M |
| 总债务越低越好 | $491.6M | — |
| 股东权益账面价值 | $987.2M | $349.6M |
| 总资产 | $1.7B | $1.1B |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资ALEXPL
| Q4 25 | $11.3M | $443.3M | ||
| Q3 25 | $17.3M | $181.1M | ||
| Q2 25 | $8.6M | $133.5M | ||
| Q1 25 | $16.9M | $118.0M | ||
| Q4 24 | $33.4M | $139.0M | ||
| Q3 24 | $17.9M | $148.3M | ||
| Q2 24 | $29.5M | $107.4M | ||
| Q1 24 | $15.7M | $83.9M |
总债务ALEXPL
| Q4 25 | $491.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $474.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALEXPL
| Q4 25 | $987.2M | $349.6M | ||
| Q3 25 | $1.0B | $435.7M | ||
| Q2 25 | $1.0B | $444.8M | ||
| Q1 25 | $1.0B | $441.3M | ||
| Q4 24 | $1.0B | $464.6M | ||
| Q3 24 | $998.2M | $473.2M | ||
| Q2 24 | $1.0B | $500.3M | ||
| Q1 24 | $1.0B | $518.0M |
总资产ALEXPL
| Q4 25 | $1.7B | $1.1B | ||
| Q3 25 | $1.7B | $696.4M | ||
| Q2 25 | $1.6B | $658.4M | ||
| Q1 25 | $1.6B | $633.8M | ||
| Q4 24 | $1.7B | $630.8M | ||
| Q3 24 | $1.7B | $658.4M | ||
| Q2 24 | $1.6B | $674.6M | ||
| Q1 24 | $1.6B | $702.0M |
负债/权益比ALEXPL
| Q4 25 | 0.50× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $79.5M | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $27.3M | $1.9M |
| 自由现金流率自由现金流/营收 | 53.5% | 2.3% |
| 资本支出强度资本支出/营收 | 102.4% | 32.9% |
| 现金转化率经营现金流/净利润 | 21.06× | — |
| 过去12个月自由现金流最近4个季度 | $57.2M | $40.7M |
8季度趋势，按日历期对齐
经营现金流ALEXPL
| Q4 25 | $79.5M | $28.6M | ||
| Q3 25 | $24.5M | $67.8M | ||
| Q2 25 | $16.5M | $17.3M | ||
| Q1 25 | $26.0M | $-6.3M | ||
| Q4 24 | $98.0M | $4.1M | ||
| Q3 24 | $35.3M | $-7.9M | ||
| Q2 24 | $22.3M | $-4.3M | ||
| Q1 24 | $16.1M | $-6.8M |
自由现金流ALEXPL
| Q4 25 | $27.3M | $1.9M | ||
| Q3 25 | $-3.7M | $47.5M | ||
| Q2 25 | $11.8M | $9.2M | ||
| Q1 25 | $21.8M | $-17.9M | ||
| Q4 24 | $77.0M | $-3.6M | ||
| Q3 24 | $31.4M | $-23.0M | ||
| Q2 24 | $18.0M | $-14.2M | ||
| Q1 24 | $12.3M | $-15.7M |
自由现金流率ALEXPL
| Q4 25 | 53.5% | 2.3% | ||
| Q3 25 | -7.4% | 64.7% | ||
| Q2 25 | 22.8% | 13.9% | ||
| Q1 25 | 40.6% | -29.1% | ||
| Q4 24 | 123.4% | -5.8% | ||
| Q3 24 | 50.8% | -37.6% | ||
| Q2 24 | 35.3% | -23.6% | ||
| Q1 24 | 20.1% | -26.7% |
资本支出强度ALEXPL
| Q4 25 | 102.4% | 32.9% | ||
| Q3 25 | 56.1% | 27.6% | ||
| Q2 25 | 9.1% | 12.3% | ||
| Q1 25 | 7.8% | 18.9% | ||
| Q4 24 | 33.5% | 12.5% | ||
| Q3 24 | 6.2% | 24.8% | ||
| Q2 24 | 8.4% | 16.4% | ||
| Q1 24 | 6.1% | 15.1% |
现金转化率ALEXPL
| Q4 25 | 21.06× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 7.88× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 2.45× | — | ||
| Q1 24 | 0.80× | — |
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
ALEX
暂无分部数据
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
