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ARCBEST CORP（ARCB）与第一太阳能（FSLR）财务数据对比。点击上方公司名可切换其他公司
第一太阳能的季度营收约是ARCBEST CORP的1.7倍（$1.7B vs $998.8M），第一太阳能净利率更高（31.0% vs -0.1%，领先31.1%），第一太阳能同比增速更快（11.1% vs 3.3%），过去两年第一太阳能的营收复合增速更高（45.6% vs -3.7%）
ArcBest是美国头部物流与运输解决方案提供商，提供零担货运、整车运输、仓储、加急配送及定制化物流咨询等全链路供应链服务，覆盖北美及全球部分市场，服务对象包含企业、小型商家及公共部门客户。
第一太阳能是美国上市光伏面板制造商，1990年成立时名为Solar Cells, Inc.，1999年被True North Partners收购后改为现名。公司采用碲化镉（CdTe）半导体技术生产刚性薄膜光伏面板，旗下所有生产基地均提供退役面板回收服务。
ARCB vs FSLR — 直观对比
营收规模更大
FSLR
是对方的1.7倍
$998.8M
营收增速更快
FSLR
高出7.9%
3.3%
净利率更高
FSLR
高出31.1%
-0.1%
两年增速更快
FSLR
近两年复合增速
-3.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $998.8M | $1.7B |
| 净利润 | $-1.0M | $520.9M |
| 毛利率 | — | 39.5% |
| 营业利润率 | 0.3% | 32.6% |
| 净利率 | -0.1% | 31.0% |
| 营收同比 | 3.3% | 11.1% |
| 净利润同比 | -133.1% | 32.5% |
| 每股收益（稀释后） | $-0.05 | $4.84 |
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ARCBFSLR
| Q1 26 | $998.8M | — | ||
| Q4 25 | $972.7M | $1.7B | ||
| Q3 25 | $1.0B | $1.6B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $967.1M | $844.6M | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $1.1B | $887.7M | ||
| Q2 24 | $1.1B | $1.0B |
净利润ARCBFSLR
| Q1 26 | $-1.0M | — | ||
| Q4 25 | $-8.1M | $520.9M | ||
| Q3 25 | $39.3M | $455.9M | ||
| Q2 25 | $25.8M | $341.9M | ||
| Q1 25 | $3.1M | $209.5M | ||
| Q4 24 | $29.0M | $393.1M | ||
| Q3 24 | $100.3M | $313.0M | ||
| Q2 24 | $46.9M | $349.4M |
毛利率ARCBFSLR
| Q1 26 | — | — | ||
| Q4 25 | — | 39.5% | ||
| Q3 25 | — | 38.3% | ||
| Q2 25 | — | 45.6% | ||
| Q1 25 | — | 40.8% | ||
| Q4 24 | — | 37.5% | ||
| Q3 24 | — | 50.2% | ||
| Q2 24 | — | 49.4% |
营业利润率ARCBFSLR
| Q1 26 | 0.3% | — | ||
| Q4 25 | -0.8% | 32.6% | ||
| Q3 25 | 5.2% | 29.2% | ||
| Q2 25 | 3.6% | 33.0% | ||
| Q1 25 | 0.7% | 26.2% | ||
| Q4 24 | 3.8% | 30.2% | ||
| Q3 24 | 12.7% | 36.3% | ||
| Q2 24 | 4.5% | 36.9% |
净利率ARCBFSLR
| Q1 26 | -0.1% | — | ||
| Q4 25 | -0.8% | 31.0% | ||
| Q3 25 | 3.7% | 28.6% | ||
| Q2 25 | 2.5% | 31.2% | ||
| Q1 25 | 0.3% | 24.8% | ||
| Q4 24 | 2.9% | 26.0% | ||
| Q3 24 | 9.4% | 35.3% | ||
| Q2 24 | 4.4% | 34.6% |
每股收益（稀释后）ARCBFSLR
| Q1 26 | $-0.05 | — | ||
| Q4 25 | $-0.35 | $4.84 | ||
| Q3 25 | $1.72 | $4.24 | ||
| Q2 25 | $1.12 | $3.18 | ||
| Q1 25 | $0.13 | $1.95 | ||
| Q4 24 | $1.21 | $3.66 | ||
| Q3 24 | $4.23 | $2.91 | ||
| Q2 24 | $1.96 | $3.25 |
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 | $86.4M | $2.8B |
| 总债务越低越好 | $223.7M | — |
| 股东权益账面价值 | $1.3B | $9.5B |
| 总资产 | $2.5B | $13.3B |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资ARCBFSLR
| Q1 26 | $86.4M | — | ||
| Q4 25 | $124.2M | $2.8B | ||
| Q3 25 | $132.6M | $2.0B | ||
| Q2 25 | $139.7M | $1.1B | ||
| Q1 25 | $98.7M | $837.6M | ||
| Q4 24 | $157.2M | $1.6B | ||
| Q3 24 | $191.1M | $1.0B | ||
| Q2 24 | $260.5M | $1.7B |
总债务ARCBFSLR
| Q1 26 | $223.7M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $214.1M | — | ||
| Q2 25 | $241.4M | — | ||
| Q1 25 | $214.2M | — | ||
| Q4 24 | $189.1M | — | ||
| Q3 24 | $180.5M | — | ||
| Q2 24 | $203.6M | — |
股东权益ARCBFSLR
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $9.5B | ||
| Q3 25 | $1.3B | $9.0B | ||
| Q2 25 | $1.3B | $8.5B | ||
| Q1 25 | $1.3B | $8.2B | ||
| Q4 24 | $1.3B | $8.0B | ||
| Q3 24 | $1.3B | $7.6B | ||
| Q2 24 | $1.2B | $7.3B |
总资产ARCBFSLR
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.5B | $13.3B | ||
| Q3 25 | $2.5B | $13.5B | ||
| Q2 25 | $2.5B | $12.9B | ||
| Q1 25 | $2.4B | $12.1B | ||
| Q4 24 | $2.4B | $12.1B | ||
| Q3 24 | $2.4B | $11.4B | ||
| Q2 24 | $2.4B | $11.0B |
负债/权益比ARCBFSLR
| Q1 26 | 0.17× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.17× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.17× | — |
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 | — | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $1.1B |
| 自由现金流率自由现金流/营收 | — | 63.6% |
| 资本支出强度资本支出/营收 | — | 10.2% |
| 现金转化率经营现金流/净利润 | — | 2.38× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流ARCBFSLR
| Q1 26 | — | — | ||
| Q4 25 | $44.7M | $1.2B | ||
| Q3 25 | $98.2M | $1.3B | ||
| Q2 25 | $108.4M | $149.6M | ||
| Q1 25 | $-22.3M | $-608.0M | ||
| Q4 24 | $56.8M | $811.0M | ||
| Q3 24 | $88.8M | $-53.7M | ||
| Q2 24 | $133.7M | $193.0M |
自由现金流ARCBFSLR
| Q1 26 | — | — | ||
| Q4 25 | $36.9M | $1.1B | ||
| Q3 25 | $33.2M | $1.1B | ||
| Q2 25 | $80.9M | $-138.6M | ||
| Q1 25 | $-36.8M | $-813.9M | ||
| Q4 24 | $3.5M | $497.5M | ||
| Q3 24 | $23.9M | $-487.7M | ||
| Q2 24 | $83.9M | $-172.1M |
自由现金流率ARCBFSLR
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 63.6% | ||
| Q3 25 | 3.2% | 67.1% | ||
| Q2 25 | 7.9% | -12.6% | ||
| Q1 25 | -3.8% | -96.4% | ||
| Q4 24 | 0.4% | 32.9% | ||
| Q3 24 | 2.2% | -54.9% | ||
| Q2 24 | 7.8% | -17.0% |
资本支出强度ARCBFSLR
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 10.2% | ||
| Q3 25 | 6.2% | 12.8% | ||
| Q2 25 | 2.7% | 26.3% | ||
| Q1 25 | 1.5% | 24.4% | ||
| Q4 24 | 5.3% | 20.7% | ||
| Q3 24 | 6.1% | 48.9% | ||
| Q2 24 | 4.6% | 36.1% |
现金转化率ARCBFSLR
| Q1 26 | — | — | ||
| Q4 25 | — | 2.38× | ||
| Q3 25 | 2.50× | 2.79× | ||
| Q2 25 | 4.20× | 0.44× | ||
| Q1 25 | -7.13× | -2.90× | ||
| Q4 24 | 1.96× | 2.06× | ||
| Q3 24 | 0.89× | -0.17× | ||
| Q2 24 | 2.85× | 0.55× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
