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ABERCROMBIE & FITCH CO（ANF）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC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 5.8%，领先3.0%），ROKU, INC同比增速更快（16.1% vs 6.8%），ABERCROMBIE & FITCH CO自由现金流更多（$131.8M vs $106.6M），过去两年ROKU, INC的营收复合增速更高（25.8% 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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
ANF vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.1倍
$1.3B
营收增速更快
ROKU
高出9.4%
6.8%
净利率更高
ANF
高出3.0%
5.8%
自由现金流更多
ANF
多$25.3M
$106.6M
两年增速更快
ROKU
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 | $80.5M |
| 毛利率 | 62.5% | 43.5% |
| 营业利润率 | 12.0% | 4.7% |
| 净利率 | 8.8% | 5.8% |
| 营收同比 | 6.8% | 16.1% |
| 净利润同比 | -14.4% | 326.4% |
| 每股收益（稀释后） | $2.36 | $0.55 |
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ANFROKU
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.0B | $968.2M | ||
| Q1 24 | $1.5B | $881.5M |
净利润ANFROKU
| Q4 25 | $113.0M | $80.5M | ||
| Q3 25 | $141.4M | $24.8M | ||
| Q2 25 | $80.4M | $10.5M | ||
| Q1 25 | $187.2M | $-27.4M | ||
| Q4 24 | $132.0M | $-35.5M | ||
| Q3 24 | $133.2M | $-9.0M | ||
| Q2 24 | $113.8M | $-34.0M | ||
| Q1 24 | $158.4M | $-50.9M |
毛利率ANFROKU
| Q4 25 | 62.5% | 43.5% | ||
| Q3 25 | 62.6% | 43.4% | ||
| Q2 25 | 62.0% | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | 65.1% | 42.7% | ||
| Q3 24 | 64.9% | 45.2% | ||
| Q2 24 | 66.4% | 43.9% | ||
| Q1 24 | 62.9% | 44.1% |
营业利润率ANFROKU
| Q4 25 | 12.0% | 4.7% | ||
| Q3 25 | 17.1% | 0.8% | ||
| Q2 25 | 9.3% | -2.1% | ||
| Q1 25 | 16.2% | -5.7% | ||
| Q4 24 | 14.8% | -3.3% | ||
| Q3 24 | 15.5% | -3.4% | ||
| Q2 24 | 12.7% | -7.4% | ||
| Q1 24 | 15.3% | -8.2% |
净利率ANFROKU
| Q4 25 | 8.8% | 5.8% | ||
| Q3 25 | 11.7% | 2.0% | ||
| Q2 25 | 7.3% | 0.9% | ||
| Q1 25 | 11.8% | -2.7% | ||
| Q4 24 | 10.9% | -3.0% | ||
| Q3 24 | 11.7% | -0.9% | ||
| Q2 24 | 11.2% | -3.5% | ||
| Q1 24 | 10.9% | -5.8% |
每股收益（稀释后）ANFROKU
| Q4 25 | $2.36 | $0.55 | ||
| Q3 25 | $2.91 | $0.16 | ||
| Q2 25 | $1.59 | $0.07 | ||
| Q1 25 | $3.55 | $-0.19 | ||
| Q4 24 | $2.50 | $-0.24 | ||
| Q3 24 | $2.50 | $-0.06 | ||
| Q2 24 | $2.14 | $-0.24 | ||
| Q1 24 | $2.97 | $-0.35 |
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 | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $2.7B |
| 总资产 | $3.5B | $4.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ANFROKU
| Q4 25 | $631.0M | $2.3B | ||
| Q3 25 | $603.5M | $2.3B | ||
| Q2 25 | $607.6M | $2.3B | ||
| Q1 25 | $888.9M | $2.3B | ||
| Q4 24 | $738.9M | $2.2B | ||
| Q3 24 | $738.4M | $2.1B | ||
| Q2 24 | $864.2M | $2.1B | ||
| Q1 24 | $900.9M | $2.1B |
股东权益ANFROKU
| Q4 25 | $1.3B | $2.7B | ||
| Q3 25 | $1.3B | $2.6B | ||
| Q2 25 | $1.2B | $2.6B | ||
| Q1 25 | $1.3B | $2.5B | ||
| Q4 24 | $1.2B | $2.5B | ||
| Q3 24 | $1.2B | $2.5B | ||
| Q2 24 | $1.1B | $2.4B | ||
| Q1 24 | $1.0B | $2.4B |
总资产ANFROKU
| Q4 25 | $3.5B | $4.4B | ||
| Q3 25 | $3.3B | $4.4B | ||
| Q2 25 | $3.1B | $4.3B | ||
| Q1 25 | $3.3B | $4.2B | ||
| Q4 24 | $3.3B | $4.3B | ||
| Q3 24 | $3.0B | $4.3B | ||
| Q2 24 | $3.0B | $4.1B | ||
| Q1 24 | $3.0B | $4.2B |
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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $131.8M | $106.6M |
| 自由现金流率自由现金流/营收 | 10.2% | 7.6% |
| 资本支出强度资本支出/营收 | 5.3% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.77× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $384.5M | $478.4M |
8季度趋势，按日历期对齐
经营现金流ANFROKU
| Q4 25 | $200.1M | $107.7M | ||
| Q3 25 | $116.9M | $127.6M | ||
| Q2 25 | $-4.0M | $109.7M | ||
| Q1 25 | $307.6M | $138.7M | ||
| Q4 24 | $142.6M | $79.3M | ||
| Q3 24 | $165.1M | $68.7M | ||
| Q2 24 | $95.0M | $23.4M | ||
| Q1 24 | $303.3M | $46.7M |
自由现金流ANFROKU
| Q4 25 | $131.8M | $106.6M | ||
| Q3 25 | $50.7M | $126.5M | ||
| Q2 25 | $-54.8M | $108.6M | ||
| Q1 25 | $256.8M | $136.8M | ||
| Q4 24 | $92.2M | $76.8M | ||
| Q3 24 | $122.3M | $67.6M | ||
| Q2 24 | $56.1M | $22.5M | ||
| Q1 24 | $274.1M | $46.0M |
自由现金流率ANFROKU
| Q4 25 | 10.2% | 7.6% | ||
| Q3 25 | 4.2% | 10.4% | ||
| Q2 25 | -5.0% | 9.8% | ||
| Q1 25 | 16.2% | 13.4% | ||
| Q4 24 | 7.6% | 6.4% | ||
| Q3 24 | 10.8% | 6.4% | ||
| Q2 24 | 5.5% | 2.3% | ||
| Q1 24 | 18.9% | 5.2% |
资本支出强度ANFROKU
| Q4 25 | 5.3% | 0.1% | ||
| Q3 25 | 5.5% | 0.1% | ||
| Q2 25 | 4.6% | 0.1% | ||
| Q1 25 | 3.2% | 0.2% | ||
| Q4 24 | 4.2% | 0.2% | ||
| Q3 24 | 3.8% | 0.1% | ||
| Q2 24 | 3.8% | 0.1% | ||
| Q1 24 | 2.0% | 0.1% |
现金转化率ANFROKU
| Q4 25 | 1.77× | 1.34× | ||
| Q3 25 | 0.83× | 5.14× | ||
| Q2 25 | -0.05× | 10.45× | ||
| 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% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
