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Andersons, Inc.（ANDE）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
Andersons, Inc.的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.5倍（$329.5M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs -2.4%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $-77.1M），过去两年Andersons, Inc.的营收复合增速更高（-1.8% vs -12.3%）
安德森公司（The Andersons, Inc.）是1947年成立的美国农业企业，总部位于俄亥俄州莫米。公司起源于1940年代服务粮食行业的安德森货运站，是深耕农业领域的多元化企业，业务覆盖大宗商品贸易、可再生能源以及植物营养板块。
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。
ANDE vs ROCK — 直观对比
营收规模更大
ANDE
是对方的1.5倍
$225.0M
营收增速更快
ROCK
高出27.3%
-2.4%
自由现金流更多
ROCK
多$103.3M
$-77.1M
两年增速更快
ANDE
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $329.5M | $225.0M |
| 净利润 | $67.4M | — |
| 毛利率 | 70.3% | 25.3% |
| 营业利润率 | 26.6% | 7.9% |
| 净利率 | 20.5% | — |
| 营收同比 | -2.4% | 24.9% |
| 净利润同比 | 49.6% | — |
| 每股收益（稀释后） | — | — |
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ANDEROCK
| Q4 25 | $329.5M | $225.0M | ||
| Q3 25 | $295.8M | $310.9M | ||
| Q2 25 | $535.0M | $309.5M | ||
| Q1 25 | $370.8M | $290.0M | ||
| Q4 24 | $337.5M | $180.1M | ||
| Q3 24 | $231.9M | $277.1M | ||
| Q2 24 | $492.5M | $273.6M | ||
| Q1 24 | $341.4M | $292.5M |
净利润ANDEROCK
| Q4 25 | $67.4M | — | ||
| Q3 25 | $20.1M | $-89.1M | ||
| Q2 25 | $7.9M | $26.0M | ||
| Q1 25 | $284.0K | $21.1M | ||
| Q4 24 | $45.1M | — | ||
| Q3 24 | $27.4M | $34.0M | ||
| Q2 24 | $36.0M | $32.2M | ||
| Q1 24 | $5.6M | $24.9M |
毛利率ANDEROCK
| Q4 25 | 70.3% | 25.3% | ||
| Q3 25 | 57.8% | 26.6% | ||
| Q2 25 | 29.6% | 28.4% | ||
| Q1 25 | 41.2% | 26.8% | ||
| Q4 24 | 63.1% | 29.0% | ||
| Q3 24 | 76.4% | 29.4% | ||
| Q2 24 | 35.6% | 30.5% | ||
| Q1 24 | 37.6% | 28.9% |
营业利润率ANDEROCK
| Q4 25 | 26.6% | 7.9% | ||
| Q3 25 | 8.7% | 12.8% | ||
| Q2 25 | 4.6% | 12.8% | ||
| Q1 25 | 0.9% | 8.8% | ||
| Q4 24 | 19.9% | 13.3% | ||
| Q3 24 | 26.8% | 15.6% | ||
| Q2 24 | 11.6% | 14.9% | ||
| Q1 24 | 4.1% | 10.8% |
净利率ANDEROCK
| Q4 25 | 20.5% | — | ||
| Q3 25 | 6.8% | -28.6% | ||
| Q2 25 | 1.5% | 8.4% | ||
| Q1 25 | 0.1% | 7.3% | ||
| Q4 24 | 13.4% | — | ||
| Q3 24 | 11.8% | 12.3% | ||
| Q2 24 | 7.3% | 11.8% | ||
| Q1 24 | 1.6% | 8.5% |
每股收益（稀释后）ANDEROCK
| Q4 25 | — | — | ||
| Q3 25 | $0.59 | $-2.98 | ||
| Q2 25 | $0.23 | $0.87 | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $1.31 | — | ||
| Q3 24 | $0.80 | $1.11 | ||
| Q2 24 | $1.05 | $1.05 | ||
| Q1 24 | $0.16 | — |
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 | $98.3M | $115.7M |
| 总债务越低越好 | $560.0M | $0 |
| 股东权益账面价值 | $1.2B | $950.4M |
| 总资产 | $3.7B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ANDEROCK
| Q4 25 | $98.3M | $115.7M | ||
| Q3 25 | — | $89.4M | ||
| Q2 25 | — | $43.3M | ||
| Q1 25 | — | $25.1M | ||
| Q4 24 | $561.8M | $269.5M | ||
| Q3 24 | — | $228.9M | ||
| Q2 24 | — | $179.1M | ||
| Q1 24 | — | $146.7M |
总债务ANDEROCK
| Q4 25 | $560.0M | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | $608.2M | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益ANDEROCK
| Q4 25 | $1.2B | $950.4M | ||
| Q3 25 | $1.2B | $951.8M | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.4B | $1.0B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.3B | $975.7M | ||
| Q1 24 | $1.3B | $940.2M |
总资产ANDEROCK
| Q4 25 | $3.7B | $1.4B | ||
| Q3 25 | $3.3B | $1.4B | ||
| Q2 25 | $3.4B | $1.5B | ||
| Q1 25 | $3.8B | $1.4B | ||
| Q4 24 | $4.1B | $1.4B | ||
| Q3 24 | $3.4B | $1.4B | ||
| Q2 24 | $3.3B | $1.4B | ||
| Q1 24 | $3.3B | $1.3B |
负债/权益比ANDEROCK
| Q4 25 | 0.45× | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | 0.45× | 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 | $-6.2M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-77.1M | $26.2M |
| 自由现金流率自由现金流/营收 | -23.4% | 11.7% |
| 资本支出强度资本支出/营收 | 21.5% | 4.1% |
| 现金转化率经营现金流/净利润 | -0.09× | — |
| 过去12个月自由现金流最近4个季度 | $-56.1M | $120.6M |
8季度趋势，按日历期对齐
经营现金流ANDEROCK
| Q4 25 | $-6.2M | $35.5M | ||
| Q3 25 | $233.9M | $73.0M | ||
| Q2 25 | $299.3M | $44.9M | ||
| Q1 25 | $-350.0M | $13.7M | ||
| Q4 24 | $268.8M | $19.9M | ||
| Q3 24 | $-2.1M | $64.7M | ||
| Q2 24 | $304.4M | $36.5M | ||
| Q1 24 | $-239.6M | $53.2M |
自由现金流ANDEROCK
| Q4 25 | $-77.1M | $26.2M | ||
| Q3 25 | $167.0M | $64.8M | ||
| Q2 25 | $250.5M | $27.3M | ||
| Q1 25 | $-396.6M | $2.3M | ||
| Q4 24 | $212.9M | $14.1M | ||
| Q3 24 | $-40.0M | $60.5M | ||
| Q2 24 | $275.8M | $33.5M | ||
| Q1 24 | $-266.4M | $48.8M |
自由现金流率ANDEROCK
| Q4 25 | -23.4% | 11.7% | ||
| Q3 25 | 56.5% | 20.8% | ||
| Q2 25 | 46.8% | 8.8% | ||
| Q1 25 | -106.9% | 0.8% | ||
| Q4 24 | 63.1% | 7.8% | ||
| Q3 24 | -17.2% | 21.8% | ||
| Q2 24 | 56.0% | 12.2% | ||
| Q1 24 | -78.0% | 16.7% |
资本支出强度ANDEROCK
| Q4 25 | 21.5% | 4.1% | ||
| Q3 25 | 22.6% | 2.6% | ||
| Q2 25 | 9.1% | 5.7% | ||
| Q1 25 | 12.6% | 3.9% | ||
| Q4 24 | 16.6% | 3.3% | ||
| Q3 24 | 16.3% | 1.5% | ||
| Q2 24 | 5.8% | 1.1% | ||
| Q1 24 | 7.8% | 1.5% |
现金转化率ANDEROCK
| Q4 25 | -0.09× | — | ||
| Q3 25 | 11.61× | — | ||
| Q2 25 | 38.10× | 1.73× | ||
| Q1 25 | -1232.46× | 0.65× | ||
| Q4 24 | 5.96× | — | ||
| Q3 24 | -0.08× | 1.90× | ||
| Q2 24 | 8.46× | 1.13× | ||
| Q1 24 | -42.94× | 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
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
