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ABERCROMBIE & FITCH CO（ANF）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ABERCROMBIE & FITCH CO的1.1倍（$1.4B vs $1.3B），ABERCROMBIE & FITCH CO净利率更高（8.8% vs -22.3%，领先31.1%），罗布乐思同比增速更快（43.2% vs 6.8%），罗布乐思自由现金流更多（$308.6M vs $131.8M），过去两年罗布乐思的营收复合增速更高（32.9% vs -5.8%）
A&F（阿伯克龙比与菲奇）是1892年成立的美国生活方式零售品牌，主打面向20岁出头至45岁左右客群的潮流服饰，总部位于俄亥俄州新奥尔巴尼。旗下运营Abercrombie Kids、Your Personal Best、霍利斯特（Hollister Co.）、Gilly Hicks四个子品牌，全品牌直营门店超780家。
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。
ANF vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.1倍
$1.3B
营收增速更快
RBLX
高出36.4%
6.8%
净利率更高
ANF
高出31.1%
-22.3%
自由现金流更多
RBLX
多$176.7M
$131.8M
两年增速更快
RBLX
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $113.0M | $-316.0M |
| 毛利率 | 62.5% | 77.7% |
| 营业利润率 | 12.0% | -25.3% |
| 净利率 | 8.8% | -22.3% |
| 营收同比 | 6.8% | 43.2% |
| 净利润同比 | -14.4% | -43.9% |
| 每股收益（稀释后） | $2.36 | $-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ANFRBLX
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.2B | $988.2M | ||
| Q3 24 | $1.1B | $919.0M | ||
| Q2 24 | $1.0B | $893.5M | ||
| Q1 24 | $1.5B | $801.3M |
净利润ANFRBLX
| Q4 25 | $113.0M | $-316.0M | ||
| Q3 25 | $141.4M | $-255.6M | ||
| Q2 25 | $80.4M | $-278.4M | ||
| Q1 25 | $187.2M | $-215.1M | ||
| Q4 24 | $132.0M | $-219.6M | ||
| Q3 24 | $133.2M | $-239.3M | ||
| Q2 24 | $113.8M | $-205.9M | ||
| Q1 24 | $158.4M | $-270.6M |
毛利率ANFRBLX
| Q4 25 | 62.5% | 77.7% | ||
| Q3 25 | 62.6% | 78.2% | ||
| Q2 25 | 62.0% | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | 65.1% | 77.9% | ||
| Q3 24 | 64.9% | 77.7% | ||
| Q2 24 | 66.4% | 77.8% | ||
| Q1 24 | 62.9% | 77.7% |
营业利润率ANFRBLX
| Q4 25 | 12.0% | -25.3% | ||
| Q3 25 | 17.1% | -21.8% | ||
| Q2 25 | 9.3% | -29.8% | ||
| Q1 25 | 16.2% | -24.6% | ||
| Q4 24 | 14.8% | -24.7% | ||
| Q3 24 | 15.5% | -30.4% | ||
| Q2 24 | 12.7% | -26.6% | ||
| Q1 24 | 15.3% | -37.7% |
净利率ANFRBLX
| Q4 25 | 8.8% | -22.3% | ||
| Q3 25 | 11.7% | -18.8% | ||
| Q2 25 | 7.3% | -25.8% | ||
| Q1 25 | 11.8% | -20.8% | ||
| Q4 24 | 10.9% | -22.2% | ||
| Q3 24 | 11.7% | -26.0% | ||
| Q2 24 | 11.2% | -23.0% | ||
| Q1 24 | 10.9% | -33.8% |
每股收益（稀释后）ANFRBLX
| Q4 25 | $2.36 | $-0.44 | ||
| Q3 25 | $2.91 | $-0.37 | ||
| Q2 25 | $1.59 | $-0.41 | ||
| Q1 25 | $3.55 | $-0.32 | ||
| Q4 24 | $2.50 | $-0.32 | ||
| Q3 24 | $2.50 | $-0.37 | ||
| Q2 24 | $2.14 | $-0.32 | ||
| Q1 24 | $2.97 | $-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 | $631.0M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $1.3B | $394.5M |
| 总资产 | $3.5B | $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ANFRBLX
| Q4 25 | $631.0M | $3.1B | ||
| Q3 25 | $603.5M | $2.9B | ||
| Q2 25 | $607.6M | $2.6B | ||
| Q1 25 | $888.9M | $2.7B | ||
| Q4 24 | $738.9M | $2.4B | ||
| Q3 24 | $738.4M | $2.3B | ||
| Q2 24 | $864.2M | $2.4B | ||
| Q1 24 | $900.9M | $2.4B |
总债务ANFRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ANFRBLX
| Q4 25 | $1.3B | $394.5M | ||
| Q3 25 | $1.3B | $407.6M | ||
| Q2 25 | $1.2B | $353.2M | ||
| Q1 25 | $1.3B | $310.7M | ||
| Q4 24 | $1.2B | $221.4M | ||
| Q3 24 | $1.2B | $189.9M | ||
| Q2 24 | $1.1B | $121.5M | ||
| Q1 24 | $1.0B | $71.6M |
总资产ANFRBLX
| Q4 25 | $3.5B | $9.6B | ||
| Q3 25 | $3.3B | $8.6B | ||
| Q2 25 | $3.1B | $7.8B | ||
| Q1 25 | $3.3B | $7.5B | ||
| Q4 24 | $3.3B | $7.2B | ||
| Q3 24 | $3.0B | $6.7B | ||
| Q2 24 | $3.0B | $6.5B | ||
| Q1 24 | $3.0B | $6.3B |
负债/权益比ANFRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| 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 | $200.1M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $131.8M | $308.6M |
| 自由现金流率自由现金流/营收 | 10.2% | 21.8% |
| 资本支出强度资本支出/营收 | 5.3% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.77× | — |
| 过去12个月自由现金流最近4个季度 | $384.5M | $1.4B |
8季度趋势，按日历期对齐
经营现金流ANFRBLX
| Q4 25 | $200.1M | $607.0M | ||
| Q3 25 | $116.9M | $546.2M | ||
| Q2 25 | $-4.0M | $199.3M | ||
| Q1 25 | $307.6M | $443.9M | ||
| Q4 24 | $142.6M | $184.5M | ||
| Q3 24 | $165.1M | $247.4M | ||
| Q2 24 | $95.0M | $151.4M | ||
| Q1 24 | $303.3M | $238.9M |
自由现金流ANFRBLX
| Q4 25 | $131.8M | $308.6M | ||
| Q3 25 | $50.7M | $443.6M | ||
| Q2 25 | $-54.8M | $176.7M | ||
| Q1 25 | $256.8M | $426.5M | ||
| Q4 24 | $92.2M | $120.6M | ||
| Q3 24 | $122.3M | $218.0M | ||
| Q2 24 | $56.1M | $111.7M | ||
| Q1 24 | $274.1M | $192.3M |
自由现金流率ANFRBLX
| Q4 25 | 10.2% | 21.8% | ||
| Q3 25 | 4.2% | 32.6% | ||
| Q2 25 | -5.0% | 16.3% | ||
| Q1 25 | 16.2% | 41.2% | ||
| Q4 24 | 7.6% | 12.2% | ||
| Q3 24 | 10.8% | 23.7% | ||
| Q2 24 | 5.5% | 12.5% | ||
| Q1 24 | 18.9% | 24.0% |
资本支出强度ANFRBLX
| Q4 25 | 5.3% | 21.1% | ||
| Q3 25 | 5.5% | 7.5% | ||
| Q2 25 | 4.6% | 2.1% | ||
| Q1 25 | 3.2% | 1.7% | ||
| Q4 24 | 4.2% | 6.5% | ||
| Q3 24 | 3.8% | 3.2% | ||
| Q2 24 | 3.8% | 4.4% | ||
| Q1 24 | 2.0% | 5.8% |
现金转化率ANFRBLX
| Q4 25 | 1.77× | — | ||
| Q3 25 | 0.83× | — | ||
| Q2 25 | -0.05× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 0.83× | — | ||
| Q1 24 | 1.91× | — |
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
ANF
| Hollister | $673.3M | 52% |
| Abercrombie | $617.3M | 48% |
| Gift Card | $25.7M | 2% |
| Royalty | $19.5M | 2% |
RBLX
暂无分部数据
