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艾伯维（ARGX）与DARLING INGREDIENTS INC.（DAR）财务数据对比。点击上方公司名可切换其他公司
艾伯维的季度营收约是DARLING INGREDIENTS INC.的1.6倍（$2.5B vs $1.6B），艾伯维净利率更高（35.5% vs 1.2%，领先34.2%），艾伯维同比增速更快（83.2% vs 10.0%）
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。
Darling Ingredients Inc.是全球领先的可持续天然原料生产商，将可食用及不可食用有机副产品加工为食品级营养成分、动物饲料添加剂、制药原料、生物燃料组分等高价值产品，服务全球食品、农业、制药、可再生能源领域客户。
ARGX vs DAR — 直观对比
营收规模更大
ARGX
是对方的1.6倍
$1.6B
营收增速更快
ARGX
高出73.2%
10.0%
净利率更高
ARGX
高出34.2%
1.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.6B |
| 净利润 | $877.2M | $19.4M |
| 毛利率 | 89.5% | 24.7% |
| 营业利润率 | 28.9% | 4.6% |
| 净利率 | 35.5% | 1.2% |
| 营收同比 | 83.2% | 10.0% |
| 净利润同比 | 1.3% | 14.2% |
| 每股收益（稀释后） | $13.25 | $0.12 |
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ARGXDAR
| Q4 25 | $2.5B | — | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $901.9M | $1.5B | ||
| Q1 24 | — | $1.4B |
净利润ARGXDAR
| Q4 25 | $877.2M | — | ||
| Q3 25 | — | $19.4M | ||
| Q2 25 | $414.8M | $12.7M | ||
| Q1 25 | — | $-26.2M | ||
| Q4 24 | $865.6M | $101.9M | ||
| Q3 24 | — | $16.9M | ||
| Q2 24 | $-32.5M | $78.9M | ||
| Q1 24 | — | $81.2M |
毛利率ARGXDAR
| Q4 25 | 89.5% | — | ||
| Q3 25 | — | 24.7% | ||
| Q2 25 | 89.2% | 23.3% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | 90.2% | 23.5% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | 89.4% | 22.5% | ||
| Q1 24 | — | 21.4% |
营业利润率ARGXDAR
| Q4 25 | 28.9% | — | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | 19.2% | 5.1% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | 8.7% | 8.6% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | -15.4% | 10.2% | ||
| Q1 24 | — | 9.7% |
净利率ARGXDAR
| Q4 25 | 35.5% | — | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | 23.4% | 0.9% | ||
| Q1 25 | — | -1.9% | ||
| Q4 24 | 64.1% | 7.2% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | -3.6% | 5.4% | ||
| Q1 24 | — | 5.7% |
每股收益（稀释后）ARGXDAR
| Q4 25 | $13.25 | — | ||
| Q3 25 | — | $0.12 | ||
| Q2 25 | $6.32 | $0.08 | ||
| Q1 25 | — | $-0.16 | ||
| Q4 24 | $13.33 | $0.63 | ||
| Q3 24 | — | $0.11 | ||
| Q2 24 | $-0.55 | $0.49 | ||
| Q1 24 | — | $0.50 |
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 | $91.5M |
| 总债务越低越好 | — | $4.0B |
| 股东权益账面价值 | $7.3B | $4.7B |
| 总资产 | $8.7B | $10.5B |
| 负债/权益比越低杠杆越低 | — | 0.86× |
8季度趋势，按日历期对齐
现金及短期投资ARGXDAR
| Q4 25 | $3.5B | — | ||
| Q3 25 | — | $91.5M | ||
| Q2 25 | $2.1B | $94.6M | ||
| Q1 25 | — | $81.5M | ||
| Q4 24 | $1.5B | $76.0M | ||
| Q3 24 | — | $114.8M | ||
| Q2 24 | $1.4B | $121.6M | ||
| Q1 24 | — | $145.5M |
总债务ARGXDAR
| Q4 25 | — | — | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | $11.0M | $4.3B | ||
| Q1 24 | — | $4.4B |
股东权益ARGXDAR
| Q4 25 | $7.3B | — | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | $6.1B | $4.6B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | $5.5B | $4.4B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | $4.3B | $4.5B | ||
| Q1 24 | — | $4.6B |
总资产ARGXDAR
| Q4 25 | $8.7B | — | ||
| Q3 25 | — | $10.5B | ||
| Q2 25 | $7.2B | $10.3B | ||
| Q1 25 | — | $10.0B | ||
| Q4 24 | $6.2B | $10.1B | ||
| Q3 24 | — | $10.6B | ||
| Q2 24 | $4.8B | $10.6B | ||
| Q1 24 | — | $10.9B |
负债/权益比ARGXDAR
| Q4 25 | — | — | ||
| Q3 25 | — | 0.86× | ||
| Q2 25 | — | 0.85× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | 0.00× | 0.97× | ||
| Q1 24 | — | 0.95× |
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 | $224.3M |
| 自由现金流经营现金流 - 资本支出 | $322.4M | — |
| 自由现金流率自由现金流/营收 | 13.0% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | 0.37× | 11.59× |
| 过去12个月自由现金流最近4个季度 | $594.5M | — |
8季度趋势，按日历期对齐
经营现金流ARGXDAR
| Q4 25 | $323.3M | — | ||
| Q3 25 | — | $224.3M | ||
| Q2 25 | $361.8M | $145.8M | ||
| Q1 25 | — | $249.0M | ||
| Q4 24 | $41.9M | $154.4M | ||
| Q3 24 | — | $274.5M | ||
| Q2 24 | $-124.7M | $146.5M | ||
| Q1 24 | — | $263.9M |
自由现金流ARGXDAR
| Q4 25 | $322.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $356.6M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $40.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-125.5M | — | ||
| Q1 24 | — | — |
自由现金流率ARGXDAR
| Q4 25 | 13.0% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 20.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -13.9% | — | ||
| Q1 24 | — | — |
资本支出强度ARGXDAR
| Q4 25 | 0.0% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | — | — |
现金转化率ARGXDAR
| Q4 25 | 0.37× | — | ||
| Q3 25 | — | 11.59× | ||
| Q2 25 | 0.87× | 11.52× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.05× | 1.52× | ||
| Q3 24 | — | 16.19× | ||
| Q2 24 | — | 1.86× | ||
| Q1 24 | — | 3.25× |
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
DAR
| Fats | $428.4M | 27% |
| Food Ingredients | $380.6M | 24% |
| Diamond Green Diesel Holdings Llc Joint Venture | $342.1M | 22% |
| Fuel Ingredients | $154.3M | 10% |
| Used Cooking Oil | $125.9M | 8% |
| Other Rendering | $76.9M | 5% |
| Bakery | $46.9M | 3% |
| Other Products And Services | $12.2M | 1% |
