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ARKO Corp.（ARKO）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
ARKO Corp.的季度营收约是利氏兄弟拍卖行的1.5倍（$1.8B vs $1.2B），利氏兄弟拍卖行净利率更高（9.1% vs 0.1%，领先9.0%），利氏兄弟拍卖行同比增速更快（5.4% vs -9.9%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $14.9M），过去两年利氏兄弟拍卖行的营收复合增速更高（6.3% 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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
ARKO vs RBA — 直观对比
营收规模更大
ARKO
是对方的1.5倍
$1.2B
营收增速更快
RBA
高出15.3%
-9.9%
净利率更高
RBA
高出9.0%
0.1%
自由现金流更多
RBA
多$171.6M
$14.9M
两年增速更快
RBA
近两年复合增速
-7.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.2B |
| 净利润 | $1.9M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | 1.2% | 14.7% |
| 净利率 | 0.1% | 9.1% |
| 营收同比 | -9.9% | 5.4% |
| 净利润同比 | 180.9% | -7.4% |
| 每股收益（稀释后） | $0.01 | $0.53 |
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ARKORBA
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.8B | $1.1B | ||
| Q4 24 | $2.0B | $1.1B | ||
| Q3 24 | $2.3B | $981.8M | ||
| Q2 24 | $2.4B | $1.1B | ||
| Q1 24 | $2.1B | $1.1B |
净利润ARKORBA
| Q4 25 | $1.9M | $109.7M | ||
| Q3 25 | $13.5M | $95.5M | ||
| Q2 25 | $20.1M | $109.8M | ||
| Q1 25 | $-12.7M | $113.4M | ||
| Q4 24 | $-2.3M | $118.5M | ||
| Q3 24 | $9.7M | $76.1M | ||
| Q2 24 | $14.1M | $111.1M | ||
| Q1 24 | $-594.0K | $107.4M |
营业利润率ARKORBA
| Q4 25 | 1.2% | 14.7% | ||
| Q3 25 | 1.8% | 14.5% | ||
| Q2 25 | 2.8% | 15.9% | ||
| Q1 25 | -0.6% | 17.1% | ||
| Q4 24 | 0.7% | 18.1% | ||
| Q3 24 | 1.8% | 15.6% | ||
| Q2 24 | 1.8% | 18.4% | ||
| Q1 24 | -0.2% | 18.7% |
净利率ARKORBA
| Q4 25 | 0.1% | 9.1% | ||
| Q3 25 | 0.7% | 8.7% | ||
| Q2 25 | 1.0% | 9.3% | ||
| Q1 25 | -0.7% | 10.2% | ||
| Q4 24 | -0.1% | 10.4% | ||
| Q3 24 | 0.4% | 7.8% | ||
| Q2 24 | 0.6% | 10.1% | ||
| Q1 24 | -0.0% | 10.1% |
每股收益（稀释后）ARKORBA
| Q4 25 | $0.01 | $0.53 | ||
| Q3 25 | $0.10 | $0.43 | ||
| Q2 25 | $0.16 | $0.53 | ||
| Q1 25 | $-0.12 | $0.55 | ||
| Q4 24 | $-0.03 | $0.58 | ||
| Q3 24 | $0.07 | $0.36 | ||
| Q2 24 | $0.11 | $0.54 | ||
| Q1 24 | $-0.02 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | $912.1M | $2.3B |
| 股东权益账面价值 | $267.2M | $5.6B |
| 总资产 | $3.5B | $12.1B |
| 负债/权益比越低杠杆越低 | 3.41× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资ARKORBA
| Q4 25 | $311.5M | $531.5M | ||
| Q3 25 | $313.2M | $674.7M | ||
| Q2 25 | $299.7M | $710.2M | ||
| Q1 25 | $271.1M | $578.1M | ||
| Q4 24 | $267.1M | $533.9M | ||
| Q3 24 | $296.8M | $650.7M | ||
| Q2 24 | $236.5M | $599.5M | ||
| Q1 24 | $189.1M | $462.8M |
总债务ARKORBA
| Q4 25 | $912.1M | $2.3B | ||
| Q3 25 | $911.6M | $2.6B | ||
| Q2 25 | $916.4M | $2.6B | ||
| Q1 25 | $880.1M | $2.6B | ||
| Q4 24 | $881.0M | $2.6B | ||
| Q3 24 | $884.7M | $2.7B | ||
| Q2 24 | $889.9M | $2.8B | ||
| Q1 24 | $885.0M | $2.9B |
股东权益ARKORBA
| Q4 25 | $267.2M | $5.6B | ||
| Q3 25 | $273.1M | $5.5B | ||
| Q2 25 | $264.8M | $5.5B | ||
| Q1 25 | $255.2M | $5.3B | ||
| Q4 24 | $276.9M | $5.2B | ||
| Q3 24 | $280.0M | $5.2B | ||
| Q2 24 | $273.1M | $5.2B | ||
| Q1 24 | $261.2M | $5.1B |
总资产ARKORBA
| Q4 25 | $3.5B | $12.1B | ||
| Q3 25 | $3.6B | $12.2B | ||
| Q2 25 | $3.6B | $12.2B | ||
| Q1 25 | $3.6B | $11.9B | ||
| Q4 24 | $3.6B | $11.8B | ||
| Q3 24 | $3.7B | $11.9B | ||
| Q2 24 | $3.7B | $12.1B | ||
| Q1 24 | $3.6B | $12.0B |
负债/权益比ARKORBA
| Q4 25 | 3.41× | 0.42× | ||
| Q3 25 | 3.34× | 0.47× | ||
| Q2 25 | 3.46× | 0.47× | ||
| Q1 25 | 3.45× | 0.50× | ||
| Q4 24 | 3.18× | 0.50× | ||
| Q3 24 | 3.16× | 0.52× | ||
| Q2 24 | 3.26× | 0.55× | ||
| Q1 24 | 3.39× | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $14.9M | $186.5M |
| 自由现金流率自由现金流/营收 | 0.8% | 15.5% |
| 资本支出强度资本支出/营收 | 1.7% | 5.7% |
| 现金转化率经营现金流/净利润 | 23.98× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $65.3M | $719.2M |
8季度趋势，按日历期对齐
经营现金流ARKORBA
| Q4 25 | $44.6M | $255.2M | ||
| Q3 25 | $49.4M | $239.7M | ||
| Q2 25 | $55.2M | $326.5M | ||
| Q1 25 | $43.4M | $156.8M | ||
| Q4 24 | $22.7M | $184.5M | ||
| Q3 24 | $109.2M | $285.4M | ||
| Q2 24 | $77.2M | $337.3M | ||
| Q1 24 | $12.8M | $124.8M |
自由现金流ARKORBA
| Q4 25 | $14.9M | $186.5M | ||
| Q3 25 | $24.5M | $188.5M | ||
| Q2 25 | $9.8M | $241.7M | ||
| Q1 25 | $16.0M | $102.5M | ||
| Q4 24 | $-13.4M | $127.9M | ||
| Q3 24 | $79.9M | $248.5M | ||
| Q2 24 | $57.9M | $308.6M | ||
| Q1 24 | $-16.5M | $79.6M |
自由现金流率ARKORBA
| Q4 25 | 0.8% | 15.5% | ||
| Q3 25 | 1.2% | 17.3% | ||
| Q2 25 | 0.5% | 20.4% | ||
| Q1 25 | 0.9% | 9.2% | ||
| Q4 24 | -0.7% | 11.2% | ||
| Q3 24 | 3.5% | 25.3% | ||
| Q2 24 | 2.4% | 28.2% | ||
| Q1 24 | -0.8% | 7.5% |
资本支出强度ARKORBA
| Q4 25 | 1.7% | 5.7% | ||
| Q3 25 | 1.2% | 4.7% | ||
| Q2 25 | 2.3% | 7.2% | ||
| Q1 25 | 1.5% | 4.9% | ||
| Q4 24 | 1.8% | 5.0% | ||
| Q3 24 | 1.3% | 3.8% | ||
| Q2 24 | 0.8% | 2.6% | ||
| Q1 24 | 1.4% | 4.2% |
现金转化率ARKORBA
| Q4 25 | 23.98× | 2.33× | ||
| Q3 25 | 3.67× | 2.51× | ||
| Q2 25 | 2.75× | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | 11.28× | 3.75× | ||
| Q2 24 | 5.49× | 3.04× | ||
| Q1 24 | — | 1.16× |
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
