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艾伯维（ARGX）与C.H. Robinson（CHRW）财务数据对比。点击上方公司名可切换其他公司
C.H. Robinson的季度营收约是艾伯维的1.6倍（$3.9B vs $2.5B），艾伯维净利率更高（35.5% vs 3.5%，领先32.0%），艾伯维同比增速更快（83.2% vs -6.5%），艾伯维自由现金流更多（$322.4M vs $302.4M）
艾伯维是总部位于美国伊利诺伊州北芝加哥的制药企业，研发生产的药物覆盖多种疾病治疗领域，可满足多元临床需求，致力于为全球不同病症的患者提供可靠的治疗方案选择。
C.H. Robinson是美国知名第三方物流与运输服务企业，业务涵盖货运代理、运输管理、中介经纪及仓储服务，可提供整车、零担、空运、多式联运、海运等多种运输解决方案，满足全球客户差异化物流需求。
ARGX vs CHRW — 直观对比
营收规模更大
CHRW
是对方的1.6倍
$2.5B
营收增速更快
ARGX
高出89.7%
-6.5%
净利率更高
ARGX
高出32.0%
3.5%
自由现金流更多
ARGX
多$20.0M
$302.4M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $3.9B |
| 净利润 | $877.2M | $136.3M |
| 毛利率 | 89.5% | — |
| 营业利润率 | 28.9% | 4.6% |
| 净利率 | 35.5% | 3.5% |
| 营收同比 | 83.2% | -6.5% |
| 净利润同比 | 1.3% | -8.7% |
| 每股收益（稀释后） | $13.25 | $1.12 |
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ARGXCHRW
| Q4 25 | $2.5B | $3.9B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | $1.8B | $4.1B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | $1.4B | $4.2B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | $901.9M | $4.5B | ||
| Q1 24 | — | $4.4B |
净利润ARGXCHRW
| Q4 25 | $877.2M | $136.3M | ||
| Q3 25 | — | $163.0M | ||
| Q2 25 | $414.8M | $152.5M | ||
| Q1 25 | — | $135.3M | ||
| Q4 24 | $865.6M | $149.3M | ||
| Q3 24 | — | $97.2M | ||
| Q2 24 | $-32.5M | $126.3M | ||
| Q1 24 | — | $92.9M |
毛利率ARGXCHRW
| Q4 25 | 89.5% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 90.2% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 89.4% | — | ||
| Q1 24 | — | — |
营业利润率ARGXCHRW
| Q4 25 | 28.9% | 4.6% | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | 19.2% | 5.2% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | 8.7% | 4.4% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | -15.4% | 4.0% | ||
| Q1 24 | — | 2.9% |
净利率ARGXCHRW
| Q4 25 | 35.5% | 3.5% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | 23.4% | 3.7% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | 64.1% | 3.6% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | -3.6% | 2.8% | ||
| Q1 24 | — | 2.1% |
每股收益（稀释后）ARGXCHRW
| Q4 25 | $13.25 | $1.12 | ||
| Q3 25 | — | $1.34 | ||
| Q2 25 | $6.32 | $1.26 | ||
| Q1 25 | — | $1.11 | ||
| Q4 24 | $13.33 | $1.23 | ||
| Q3 24 | — | $0.80 | ||
| Q2 24 | $-0.55 | $1.05 | ||
| Q1 24 | — | $0.78 |
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 | $3.5B | $160.9M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $7.3B | $1.8B |
| 总资产 | $8.7B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资ARGXCHRW
| Q4 25 | $3.5B | $160.9M | ||
| Q3 25 | — | $136.8M | ||
| Q2 25 | $2.1B | $156.0M | ||
| Q1 25 | — | $129.9M | ||
| Q4 24 | $1.5B | $145.8M | ||
| Q3 24 | — | $131.7M | ||
| Q2 24 | $1.4B | $113.2M | ||
| Q1 24 | — | $121.8M |
总债务ARGXCHRW
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | $11.0M | $1.6B | ||
| Q1 24 | — | $1.7B |
股东权益ARGXCHRW
| Q4 25 | $7.3B | $1.8B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $6.1B | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $5.5B | $1.7B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | $4.3B | $1.5B | ||
| Q1 24 | — | $1.4B |
总资产ARGXCHRW
| Q4 25 | $8.7B | $5.1B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | $7.2B | $5.3B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | $6.2B | $5.3B | ||
| Q3 24 | — | $5.6B | ||
| Q2 24 | $4.8B | $5.5B | ||
| Q1 24 | — | $5.5B |
负债/权益比ARGXCHRW
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | 0.64× | ||
| Q2 25 | — | 0.76× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | 0.95× | ||
| Q2 24 | 0.00× | 1.07× | ||
| Q1 24 | — | 1.19× |
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 | $323.3M | $305.4M |
| 自由现金流经营现金流 - 资本支出 | $322.4M | $302.4M |
| 自由现金流率自由现金流/营收 | 13.0% | 7.7% |
| 资本支出强度资本支出/营收 | 0.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 0.37× | 2.24× |
| 过去12个月自由现金流最近4个季度 | $594.5M | $894.9M |
8季度趋势，按日历期对齐
经营现金流ARGXCHRW
| Q4 25 | $323.3M | $305.4M | ||
| Q3 25 | — | $275.4M | ||
| Q2 25 | $361.8M | $227.1M | ||
| Q1 25 | — | $106.5M | ||
| Q4 24 | $41.9M | $267.9M | ||
| Q3 24 | — | $108.1M | ||
| Q2 24 | $-124.7M | $166.4M | ||
| Q1 24 | — | $-33.3M |
自由现金流ARGXCHRW
| Q4 25 | $322.4M | $302.4M | ||
| Q3 25 | — | $269.5M | ||
| Q2 25 | $356.6M | $219.8M | ||
| Q1 25 | — | $103.2M | ||
| Q4 24 | $40.9M | $265.3M | ||
| Q3 24 | — | $103.3M | ||
| Q2 24 | $-125.5M | $159.8M | ||
| Q1 24 | — | $-41.9M |
自由现金流率ARGXCHRW
| Q4 25 | 13.0% | 7.7% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | 20.1% | 5.3% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | 3.0% | 6.3% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | -13.9% | 3.6% | ||
| Q1 24 | — | -1.0% |
资本支出强度ARGXCHRW
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | 0.3% | 0.2% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 0.1% | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | 0.1% | 0.1% | ||
| Q1 24 | — | 0.2% |
现金转化率ARGXCHRW
| Q4 25 | 0.37× | 2.24× | ||
| Q3 25 | — | 1.69× | ||
| Q2 25 | 0.87× | 1.49× | ||
| Q1 25 | — | 0.79× | ||
| Q4 24 | 0.05× | 1.79× | ||
| Q3 24 | — | 1.11× | ||
| Q2 24 | — | 1.32× | ||
| Q1 24 | — | -0.36× |
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
ARGX
暂无分部数据
CHRW
| North American Service Transportation NAST | $2.8B | 72% |
| Global Forwarding | $731.0M | 19% |
| Sourcing | $340.9M | 9% |
