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艾里逊变速箱控股公司（ALSN）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艾里逊变速箱控股公司的1.9倍（$1.4B vs $737.0M），艾里逊变速箱控股公司净利率更高（13.4% vs -22.3%，领先35.8%），罗布乐思同比增速更快（43.2% vs -7.4%），罗布乐思自由现金流更多（$308.6M vs $169.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs -3.4%）
艾里逊变速箱控股公司是美国商用自动变速箱及混合动力推进系统生产商，产品获全球250余家整车厂商指定采用，广泛应用于公交、环卫、消防、工程建设、物流配送、军工等多个领域及特种作业场景。
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。
ALSN vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.9倍
$737.0M
营收增速更快
RBLX
高出50.6%
-7.4%
净利率更高
ALSN
高出35.8%
-22.3%
自由现金流更多
RBLX
多$139.6M
$169.0M
两年增速更快
RBLX
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $737.0M | $1.4B |
| 净利润 | $99.0M | $-316.0M |
| 毛利率 | 48.0% | 77.7% |
| 营业利润率 | 23.2% | -25.3% |
| 净利率 | 13.4% | -22.3% |
| 营收同比 | -7.4% | 43.2% |
| 净利润同比 | -43.4% | -43.9% |
| 每股收益（稀释后） | $1.18 | $-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ALSNRBLX
| Q4 25 | $737.0M | $1.4B | ||
| Q3 25 | $693.0M | $1.4B | ||
| Q2 25 | $814.0M | $1.1B | ||
| Q1 25 | $766.0M | $1.0B | ||
| Q4 24 | $796.0M | $988.2M | ||
| Q3 24 | $824.0M | $919.0M | ||
| Q2 24 | $816.0M | $893.5M | ||
| Q1 24 | $789.0M | $801.3M |
净利润ALSNRBLX
| Q4 25 | $99.0M | $-316.0M | ||
| Q3 25 | $137.0M | $-255.6M | ||
| Q2 25 | $195.0M | $-278.4M | ||
| Q1 25 | $192.0M | $-215.1M | ||
| Q4 24 | $175.0M | $-219.6M | ||
| Q3 24 | $200.0M | $-239.3M | ||
| Q2 24 | $187.0M | $-205.9M | ||
| Q1 24 | $169.0M | $-270.6M |
毛利率ALSNRBLX
| Q4 25 | 48.0% | 77.7% | ||
| Q3 25 | 47.5% | 78.2% | ||
| Q2 25 | 49.4% | 78.2% | ||
| Q1 25 | 49.3% | 78.3% | ||
| Q4 24 | 46.9% | 77.9% | ||
| Q3 24 | 48.1% | 77.7% | ||
| Q2 24 | 48.3% | 77.8% | ||
| Q1 24 | 46.4% | 77.7% |
营业利润率ALSNRBLX
| Q4 25 | 23.2% | -25.3% | ||
| Q3 25 | 29.4% | -21.8% | ||
| Q2 25 | 31.4% | -29.8% | ||
| Q1 25 | 32.5% | -24.6% | ||
| Q4 24 | 29.5% | -24.7% | ||
| Q3 24 | 31.6% | -30.4% | ||
| Q2 24 | 32.2% | -26.6% | ||
| Q1 24 | 29.7% | -37.7% |
净利率ALSNRBLX
| Q4 25 | 13.4% | -22.3% | ||
| Q3 25 | 19.8% | -18.8% | ||
| Q2 25 | 24.0% | -25.8% | ||
| Q1 25 | 25.1% | -20.8% | ||
| Q4 24 | 22.0% | -22.2% | ||
| Q3 24 | 24.3% | -26.0% | ||
| Q2 24 | 22.9% | -23.0% | ||
| Q1 24 | 21.4% | -33.8% |
每股收益（稀释后）ALSNRBLX
| Q4 25 | $1.18 | $-0.44 | ||
| Q3 25 | $1.63 | $-0.37 | ||
| Q2 25 | $2.29 | $-0.41 | ||
| Q1 25 | $2.23 | $-0.32 | ||
| Q4 24 | $2.01 | $-0.32 | ||
| Q3 24 | $2.27 | $-0.37 | ||
| Q2 24 | $2.13 | $-0.32 | ||
| Q1 24 | $1.90 | $-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 | $1.5B | $3.1B |
| 总债务越低越好 | $2.9B | $1.2B |
| 股东权益账面价值 | $1.9B | $394.5M |
| 总资产 | $6.1B | $9.6B |
| 负债/权益比越低杠杆越低 | 1.56× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资ALSNRBLX
| Q4 25 | $1.5B | $3.1B | ||
| Q3 25 | $902.0M | $2.9B | ||
| Q2 25 | $778.0M | $2.6B | ||
| Q1 25 | $753.0M | $2.7B | ||
| Q4 24 | $781.0M | $2.4B | ||
| Q3 24 | $788.0M | $2.3B | ||
| Q2 24 | $648.0M | $2.4B | ||
| Q1 24 | $551.0M | $2.4B |
总债务ALSNRBLX
| Q4 25 | $2.9B | $1.2B | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
股东权益ALSNRBLX
| Q4 25 | $1.9B | $394.5M | ||
| Q3 25 | $1.8B | $407.6M | ||
| Q2 25 | $1.8B | $353.2M | ||
| Q1 25 | $1.7B | $310.7M | ||
| Q4 24 | $1.7B | $221.4M | ||
| Q3 24 | $1.6B | $189.9M | ||
| Q2 24 | $1.5B | $121.5M | ||
| Q1 24 | $1.3B | $71.6M |
总资产ALSNRBLX
| Q4 25 | $6.1B | $9.6B | ||
| Q3 25 | $5.5B | $8.6B | ||
| Q2 25 | $5.4B | $7.8B | ||
| Q1 25 | $5.4B | $7.5B | ||
| Q4 24 | $5.3B | $7.2B | ||
| Q3 24 | $5.4B | $6.7B | ||
| Q2 24 | $5.2B | $6.5B | ||
| Q1 24 | $5.1B | $6.3B |
负债/权益比ALSNRBLX
| Q4 25 | 1.56× | 2.98× | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 1.38× | — | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | 1.46× | 5.48× | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.63× | — | ||
| Q1 24 | 1.80× | — |
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 | $243.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $169.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 22.9% | 21.8% |
| 资本支出强度资本支出/营收 | 10.0% | 21.1% |
| 现金转化率经营现金流/净利润 | 2.45× | — |
| 过去12个月自由现金流最近4个季度 | $661.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流ALSNRBLX
| Q4 25 | $243.0M | $607.0M | ||
| Q3 25 | $228.0M | $546.2M | ||
| Q2 25 | $184.0M | $199.3M | ||
| Q1 25 | $181.0M | $443.9M | ||
| Q4 24 | $211.0M | $184.5M | ||
| Q3 24 | $246.0M | $247.4M | ||
| Q2 24 | $171.0M | $151.4M | ||
| Q1 24 | $173.0M | $238.9M |
自由现金流ALSNRBLX
| Q4 25 | $169.0M | $308.6M | ||
| Q3 25 | $184.0M | $443.6M | ||
| Q2 25 | $153.0M | $176.7M | ||
| Q1 25 | $155.0M | $426.5M | ||
| Q4 24 | $136.0M | $120.6M | ||
| Q3 24 | $210.0M | $218.0M | ||
| Q2 24 | $150.0M | $111.7M | ||
| Q1 24 | $162.0M | $192.3M |
自由现金流率ALSNRBLX
| Q4 25 | 22.9% | 21.8% | ||
| Q3 25 | 26.6% | 32.6% | ||
| Q2 25 | 18.8% | 16.3% | ||
| Q1 25 | 20.2% | 41.2% | ||
| Q4 24 | 17.1% | 12.2% | ||
| Q3 24 | 25.5% | 23.7% | ||
| Q2 24 | 18.4% | 12.5% | ||
| Q1 24 | 20.5% | 24.0% |
资本支出强度ALSNRBLX
| Q4 25 | 10.0% | 21.1% | ||
| Q3 25 | 6.3% | 7.5% | ||
| Q2 25 | 3.8% | 2.1% | ||
| Q1 25 | 3.4% | 1.7% | ||
| Q4 24 | 9.4% | 6.5% | ||
| Q3 24 | 4.4% | 3.2% | ||
| Q2 24 | 2.6% | 4.4% | ||
| Q1 24 | 1.4% | 5.8% |
现金转化率ALSNRBLX
| Q4 25 | 2.45× | — | ||
| Q3 25 | 1.66× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.94× | — | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 1.23× | — | ||
| Q2 24 | 0.91× | — | ||
| Q1 24 | 1.02× | — |
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
ALSN
| North America On Highway | $361.0M | 49% |
| Service Parts Support Equipment And Other | $160.0M | 22% |
| Outside North America On Highway | $131.0M | 18% |
| Defense | $73.0M | 10% |
| Global Off-Highway | $12.0M | 2% |
RBLX
暂无分部数据
