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ABERCROMBIE & FITCH CO（ANF）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是ABERCROMBIE & FITCH CO的1.1倍（$1.5B vs $1.3B），ABERCROMBIE & FITCH CO净利率更高（8.8% vs -3.1%，领先11.9%），ABERCROMBIE & FITCH CO同比增速更快（6.8% vs -11.9%），ABERCROMBIE & FITCH CO自由现金流更多（$131.8M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% 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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
ANF vs RXO — 直观对比
营收规模更大
RXO
是对方的1.1倍
$1.3B
营收增速更快
ANF
高出18.6%
-11.9%
净利率更高
ANF
高出11.9%
-3.1%
自由现金流更多
ANF
多$140.8M
$-9.0M
两年增速更快
RXO
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $113.0M | $-46.0M |
| 毛利率 | 62.5% | — |
| 营业利润率 | 12.0% | -2.9% |
| 净利率 | 8.8% | -3.1% |
| 营收同比 | 6.8% | -11.9% |
| 净利润同比 | -14.4% | -84.0% |
| 每股收益（稀释后） | $2.36 | $-0.28 |
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ANFRXO
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.0B | $930.0M | ||
| Q1 24 | $1.5B | $913.0M |
净利润ANFRXO
| Q4 25 | $113.0M | $-46.0M | ||
| Q3 25 | $141.4M | $-14.0M | ||
| Q2 25 | $80.4M | $-9.0M | ||
| Q1 25 | $187.2M | $-31.0M | ||
| Q4 24 | $132.0M | $-25.0M | ||
| Q3 24 | $133.2M | $-243.0M | ||
| Q2 24 | $113.8M | $-7.0M | ||
| Q1 24 | $158.4M | $-15.0M |
毛利率ANFRXO
| Q4 25 | 62.5% | — | ||
| Q3 25 | 62.6% | — | ||
| Q2 25 | 62.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 65.1% | — | ||
| Q3 24 | 64.9% | — | ||
| Q2 24 | 66.4% | — | ||
| Q1 24 | 62.9% | — |
营业利润率ANFRXO
| Q4 25 | 12.0% | -2.9% | ||
| Q3 25 | 17.1% | -0.5% | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 16.2% | -2.1% | ||
| Q4 24 | 14.8% | -1.4% | ||
| Q3 24 | 15.5% | -1.9% | ||
| Q2 24 | 12.7% | — | ||
| Q1 24 | 15.3% | -1.3% |
净利率ANFRXO
| Q4 25 | 8.8% | -3.1% | ||
| Q3 25 | 11.7% | -1.0% | ||
| Q2 25 | 7.3% | -0.6% | ||
| Q1 25 | 11.8% | -2.2% | ||
| Q4 24 | 10.9% | -1.5% | ||
| Q3 24 | 11.7% | -23.4% | ||
| Q2 24 | 11.2% | -0.8% | ||
| Q1 24 | 10.9% | -1.6% |
每股收益（稀释后）ANFRXO
| Q4 25 | $2.36 | $-0.28 | ||
| Q3 25 | $2.91 | $-0.08 | ||
| Q2 25 | $1.59 | $-0.05 | ||
| Q1 25 | $3.55 | $-0.18 | ||
| Q4 24 | $2.50 | $-0.17 | ||
| Q3 24 | $2.50 | $-1.81 | ||
| Q2 24 | $2.14 | $-0.06 | ||
| Q1 24 | $2.97 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $1.3B | $1.5B |
| 总资产 | $3.5B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资ANFRXO
| Q4 25 | $631.0M | $17.0M | ||
| Q3 25 | $603.5M | $25.0M | ||
| Q2 25 | $607.6M | $18.0M | ||
| Q1 25 | $888.9M | $16.0M | ||
| Q4 24 | $738.9M | $35.0M | ||
| Q3 24 | $738.4M | $55.0M | ||
| Q2 24 | $864.2M | $7.0M | ||
| Q1 24 | $900.9M | $7.0M |
总债务ANFRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益ANFRXO
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.1B | $579.0M | ||
| Q1 24 | $1.0B | $582.0M |
总资产ANFRXO
| Q4 25 | $3.5B | $3.3B | ||
| Q3 25 | $3.3B | $3.2B | ||
| Q2 25 | $3.1B | $3.2B | ||
| Q1 25 | $3.3B | $3.3B | ||
| Q4 24 | $3.3B | $3.4B | ||
| Q3 24 | $3.0B | $3.4B | ||
| Q2 24 | $3.0B | $1.8B | ||
| Q1 24 | $3.0B | $1.8B |
负债/权益比ANFRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $131.8M | $-9.0M |
| 自由现金流率自由现金流/营收 | 10.2% | -0.6% |
| 资本支出强度资本支出/营收 | 5.3% | 1.1% |
| 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 | $-8.0M |
8季度趋势，按日历期对齐
经营现金流ANFRXO
| Q4 25 | $200.1M | $7.0M | ||
| Q3 25 | $116.9M | $23.0M | ||
| Q2 25 | $-4.0M | $23.0M | ||
| Q1 25 | $307.6M | $-2.0M | ||
| Q4 24 | $142.6M | $-7.0M | ||
| Q3 24 | $165.1M | $-7.0M | ||
| Q2 24 | $95.0M | $-5.0M | ||
| Q1 24 | $303.3M | $7.0M |
自由现金流ANFRXO
| Q4 25 | $131.8M | $-9.0M | ||
| Q3 25 | $50.7M | $9.0M | ||
| Q2 25 | $-54.8M | $9.0M | ||
| Q1 25 | $256.8M | $-17.0M | ||
| Q4 24 | $92.2M | $-19.0M | ||
| Q3 24 | $122.3M | $-18.0M | ||
| Q2 24 | $56.1M | $-16.0M | ||
| Q1 24 | $274.1M | $-4.0M |
自由现金流率ANFRXO
| Q4 25 | 10.2% | -0.6% | ||
| Q3 25 | 4.2% | 0.6% | ||
| Q2 25 | -5.0% | 0.6% | ||
| Q1 25 | 16.2% | -1.2% | ||
| Q4 24 | 7.6% | -1.1% | ||
| Q3 24 | 10.8% | -1.7% | ||
| Q2 24 | 5.5% | -1.7% | ||
| Q1 24 | 18.9% | -0.4% |
资本支出强度ANFRXO
| Q4 25 | 5.3% | 1.1% | ||
| Q3 25 | 5.5% | 1.0% | ||
| Q2 25 | 4.6% | 1.0% | ||
| Q1 25 | 3.2% | 1.0% | ||
| Q4 24 | 4.2% | 0.7% | ||
| Q3 24 | 3.8% | 1.1% | ||
| Q2 24 | 3.8% | 1.2% | ||
| Q1 24 | 2.0% | 1.2% |
现金转化率ANFRXO
| 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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
