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ARKO Corp.（ARKO）与BRC Inc.（BRCC）财务数据对比。点击上方公司名可切换其他公司
ARKO Corp.的季度营收约是BRC Inc.的15.9倍（$1.8B vs $112.7M）。ARKO Corp.净利率更高（0.1% vs -2.8%，领先3.0%）。BRC Inc.同比增速更快（6.5% vs -9.9%）。ARKO Corp.自由现金流更多（$14.9M vs $-9.4M）。过去两年BRC Inc.的营收复合增速更高（7.0% vs -7.0%）
ARKO Corp.是美国知名的便利店与燃油零售运营商，业务覆盖美国多个州，面向消费者销售生鲜食品、饮品、日用必需品等商品，同时提供燃油零售及面向商业合作伙伴的批发配送服务。
BRC Inc.是一家美国高端咖啡与生活方式品牌，主营烘焙咖啡豆、即饮咖啡饮品、品牌服饰及户外装备，核心客群包含退伍军人、急救人员与户外爱好者，在北美地区通过电商及线下实体门店渠道销售产品。
ARKO vs BRCC — 直观对比
营收规模更大
ARKO
是对方的15.9倍
$112.7M
营收增速更快
BRCC
高出16.4%
-9.9%
净利率更高
ARKO
高出3.0%
-2.8%
自由现金流更多
ARKO
多$24.3M
$-9.4M
两年增速更快
BRCC
近两年复合增速
-7.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $112.7M |
| 净利润 | $1.9M | $-3.2M |
| 毛利率 | — | 32.1% |
| 营业利润率 | 1.2% | -6.3% |
| 净利率 | 0.1% | -2.8% |
| 营收同比 | -9.9% | 6.5% |
| 净利润同比 | 180.9% | -29.3% |
| 每股收益（稀释后） | $0.01 | $-0.02 |
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ARKOBRCC
| Q4 25 | $1.8B | $112.7M | ||
| Q3 25 | $2.0B | $100.7M | ||
| Q2 25 | $2.0B | $94.8M | ||
| Q1 25 | $1.8B | $90.0M | ||
| Q4 24 | $2.0B | $105.9M | ||
| Q3 24 | $2.3B | $98.2M | ||
| Q2 24 | $2.4B | $89.0M | ||
| Q1 24 | $2.1B | $98.4M |
净利润ARKOBRCC
| Q4 25 | $1.9M | $-3.2M | ||
| Q3 25 | $13.5M | $-486.0K | ||
| Q2 25 | $20.1M | $-5.3M | ||
| Q1 25 | $-12.7M | $-2.9M | ||
| Q4 24 | $-2.3M | $-2.5M | ||
| Q3 24 | $9.7M | $-535.0K | ||
| Q2 24 | $14.1M | $-482.0K | ||
| Q1 24 | $-594.0K | $548.0K |
毛利率ARKOBRCC
| Q4 25 | — | 32.1% | ||
| Q3 25 | — | 36.9% | ||
| Q2 25 | — | 33.9% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 38.1% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 41.9% | ||
| Q1 24 | — | 42.9% |
营业利润率ARKOBRCC
| Q4 25 | 1.2% | -6.3% | ||
| Q3 25 | 1.8% | 0.5% | ||
| Q2 25 | 2.8% | -13.3% | ||
| Q1 25 | -0.6% | -6.0% | ||
| Q4 24 | 0.7% | -2.1% | ||
| Q3 24 | 1.8% | 1.1% | ||
| Q2 24 | 1.8% | 1.1% | ||
| Q1 24 | -0.2% | 4.0% |
净利率ARKOBRCC
| Q4 25 | 0.1% | -2.8% | ||
| Q3 25 | 0.7% | -0.5% | ||
| Q2 25 | 1.0% | -5.6% | ||
| Q1 25 | -0.7% | -3.2% | ||
| Q4 24 | -0.1% | -2.3% | ||
| Q3 24 | 0.4% | -0.5% | ||
| Q2 24 | 0.6% | -0.5% | ||
| Q1 24 | -0.0% | 0.6% |
每股收益（稀释后）ARKOBRCC
| Q4 25 | $0.01 | $-0.02 | ||
| Q3 25 | $0.10 | $0.00 | ||
| Q2 25 | $0.16 | $-0.07 | ||
| Q1 25 | $-0.12 | $-0.04 | ||
| Q4 24 | $-0.03 | $-0.03 | ||
| Q3 24 | $0.07 | $-0.01 | ||
| Q2 24 | $0.11 | $-0.01 | ||
| Q1 24 | $-0.02 | $0.01 |
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 | $311.5M | $4.3M |
| 总债务越低越好 | $912.1M | $34.7M |
| 股东权益账面价值 | $267.2M | $45.7M |
| 总资产 | $3.5B | $209.2M |
| 负债/权益比越低杠杆越低 | 3.41× | 0.76× |
8季度趋势，按日历期对齐
现金及短期投资ARKOBRCC
| Q4 25 | $311.5M | $4.3M | ||
| Q3 25 | $313.2M | $9.5M | ||
| Q2 25 | $299.7M | $4.3M | ||
| Q1 25 | $271.1M | $3.9M | ||
| Q4 24 | $267.1M | $6.8M | ||
| Q3 24 | $296.8M | $7.3M | ||
| Q2 24 | $236.5M | $9.6M | ||
| Q1 24 | $189.1M | $4.0M |
总债务ARKOBRCC
| Q4 25 | $912.1M | $34.7M | ||
| Q3 25 | $911.6M | $35.0M | ||
| Q2 25 | $916.4M | $72.7M | ||
| Q1 25 | $880.1M | $68.8M | ||
| Q4 24 | $881.0M | $65.1M | ||
| Q3 24 | $884.7M | $64.9M | ||
| Q2 24 | $889.9M | $66.5M | ||
| Q1 24 | $885.0M | $61.5M |
股东权益ARKOBRCC
| Q4 25 | $267.2M | $45.7M | ||
| Q3 25 | $273.1M | $48.0M | ||
| Q2 25 | $264.8M | $10.1M | ||
| Q1 25 | $255.2M | $11.2M | ||
| Q4 24 | $276.9M | $13.2M | ||
| Q3 24 | $280.0M | $14.5M | ||
| Q2 24 | $273.1M | $14.9M | ||
| Q1 24 | $261.2M | $14.6M |
总资产ARKOBRCC
| Q4 25 | $3.5B | $209.2M | ||
| Q3 25 | $3.6B | $222.4M | ||
| Q2 25 | $3.6B | $225.3M | ||
| Q1 25 | $3.6B | $222.9M | ||
| Q4 24 | $3.6B | $227.4M | ||
| Q3 24 | $3.7B | $233.7M | ||
| Q2 24 | $3.7B | $229.9M | ||
| Q1 24 | $3.6B | $227.2M |
负债/权益比ARKOBRCC
| Q4 25 | 3.41× | 0.76× | ||
| Q3 25 | 3.34× | 0.73× | ||
| Q2 25 | 3.46× | 7.19× | ||
| Q1 25 | 3.45× | 6.15× | ||
| Q4 24 | 3.18× | 4.94× | ||
| Q3 24 | 3.16× | 4.47× | ||
| Q2 24 | 3.26× | 4.46× | ||
| Q1 24 | 3.39× | 4.21× |
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 | $44.6M | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | $14.9M | $-9.4M |
| 自由现金流率自由现金流/营收 | 0.8% | -8.3% |
| 资本支出强度资本支出/营收 | 1.7% | 0.6% |
| 现金转化率经营现金流/净利润 | 23.98× | — |
| 过去12个月自由现金流最近4个季度 | $65.3M | $-13.5M |
8季度趋势，按日历期对齐
经营现金流ARKOBRCC
| Q4 25 | $44.6M | $-8.7M | ||
| Q3 25 | $49.4M | $6.4M | ||
| Q2 25 | $55.2M | $-3.3M | ||
| Q1 25 | $43.4M | $-4.1M | ||
| Q4 24 | $22.7M | $2.2M | ||
| Q3 24 | $109.2M | $1.9M | ||
| Q2 24 | $77.2M | $2.3M | ||
| Q1 24 | $12.8M | $4.9M |
自由现金流ARKOBRCC
| Q4 25 | $14.9M | $-9.4M | ||
| Q3 25 | $24.5M | $5.6M | ||
| Q2 25 | $9.8M | $-4.3M | ||
| Q1 25 | $16.0M | $-5.3M | ||
| Q4 24 | $-13.4M | $504.0K | ||
| Q3 24 | $79.9M | $-205.0K | ||
| Q2 24 | $57.9M | $147.0K | ||
| Q1 24 | $-16.5M | $2.2M |
自由现金流率ARKOBRCC
| Q4 25 | 0.8% | -8.3% | ||
| Q3 25 | 1.2% | 5.5% | ||
| Q2 25 | 0.5% | -4.5% | ||
| Q1 25 | 0.9% | -5.9% | ||
| Q4 24 | -0.7% | 0.5% | ||
| Q3 24 | 3.5% | -0.2% | ||
| Q2 24 | 2.4% | 0.2% | ||
| Q1 24 | -0.8% | 2.2% |
资本支出强度ARKOBRCC
| Q4 25 | 1.7% | 0.6% | ||
| Q3 25 | 1.2% | 0.8% | ||
| Q2 25 | 2.3% | 1.0% | ||
| Q1 25 | 1.5% | 1.3% | ||
| Q4 24 | 1.8% | 1.6% | ||
| Q3 24 | 1.3% | 2.2% | ||
| Q2 24 | 0.8% | 2.4% | ||
| Q1 24 | 1.4% | 2.8% |
现金转化率ARKOBRCC
| Q4 25 | 23.98× | — | ||
| Q3 25 | 3.67× | — | ||
| Q2 25 | 2.75× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 11.28× | — | ||
| Q2 24 | 5.49× | — | ||
| Q1 24 | — | 8.97× |
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
ARKO
| Fuel Products | $1.4B | 79% |
| Merchandise Products | $338.1M | 19% |
| Other Product | $33.6M | 2% |
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
