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Archrock, Inc.（AROC）与American Water Works（AWK）财务数据对比。点击上方公司名可切换其他公司
American Water Works的季度营收约是Archrock, Inc.的3.4倍（$1.3B vs $377.1M）。Archrock, Inc.净利率更高（31.0% vs 18.7%，领先12.2%）。Archrock, Inc.同比增速更快（15.5% vs 5.8%）。Archrock, Inc.自由现金流更多（$126.7M vs $-385.0M）。过去两年Archrock, Inc.的营收复合增速更高（18.5% vs 12.6%）
Archrock, Inc. 是领先的天然气压缩服务及相关设备解决方案供应商，主要服务北美油气领域，核心业务涵盖压缩系统租赁、维护、售后支持及销售，覆盖上游生产、中游运输与天然气加工板块。
American Water Works通过旗下子公司在美国境内提供专业供水与污水处理服务，业务覆盖14个州的约1700个社区，服务约340万活跃用户，客户群体涵盖住宅用户、食品饮料供应商、商业地产开发商与运营商、能源供应商等商业客户、消防服务及工业类客户等。
AROC vs AWK — 直观对比
营收规模更大
AWK
是对方的3.4倍
$377.1M
营收增速更快
AROC
高出9.7%
5.8%
净利率更高
AROC
高出12.2%
18.7%
自由现金流更多
AROC
多$511.7M
$-385.0M
两年增速更快
AROC
近两年复合增速
12.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $377.1M | $1.3B |
| 净利润 | $116.8M | $238.0M |
| 毛利率 | 53.0% | — |
| 营业利润率 | 39.4% | 31.9% |
| 净利率 | 31.0% | 18.7% |
| 营收同比 | 15.5% | 5.8% |
| 净利润同比 | 95.4% | -0.4% |
| 每股收益（稀释后） | $0.67 | $1.22 |
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AROCAWK
| Q4 25 | $377.1M | $1.3B | ||
| Q3 25 | $382.4M | $1.5B | ||
| Q2 25 | $383.2M | $1.3B | ||
| Q1 25 | $347.2M | $1.1B | ||
| Q4 24 | $326.4M | $1.2B | ||
| Q3 24 | $292.2M | $1.3B | ||
| Q2 24 | $270.5M | $1.1B | ||
| Q1 24 | $268.5M | $1.0B |
净利润AROCAWK
| Q4 25 | $116.8M | $238.0M | ||
| Q3 25 | $71.2M | $379.0M | ||
| Q2 25 | $63.4M | $289.0M | ||
| Q1 25 | $70.8M | $205.0M | ||
| Q4 24 | $59.8M | $239.0M | ||
| Q3 24 | $37.5M | $350.0M | ||
| Q2 24 | $34.4M | $277.0M | ||
| Q1 24 | $40.5M | $185.0M |
毛利率AROCAWK
| Q4 25 | 53.0% | — | ||
| Q3 25 | 48.5% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 47.4% | — | ||
| Q4 24 | 46.3% | — | ||
| Q3 24 | 44.4% | — | ||
| Q2 24 | 41.5% | — | ||
| Q1 24 | 42.1% | — |
营业利润率AROCAWK
| Q4 25 | 39.4% | 31.9% | ||
| Q3 25 | 25.3% | 42.2% | ||
| Q2 25 | 22.5% | 38.4% | ||
| Q1 25 | 26.5% | 32.7% | ||
| Q4 24 | 24.0% | 33.3% | ||
| Q3 24 | 18.1% | 40.9% | ||
| Q2 24 | 17.6% | 39.4% | ||
| Q1 24 | 20.0% | 32.5% |
净利率AROCAWK
| Q4 25 | 31.0% | 18.7% | ||
| Q3 25 | 18.6% | 26.1% | ||
| Q2 25 | 16.6% | 22.7% | ||
| Q1 25 | 20.4% | 18.1% | ||
| Q4 24 | 18.3% | 19.9% | ||
| Q3 24 | 12.8% | 26.4% | ||
| Q2 24 | 12.7% | 24.3% | ||
| Q1 24 | 15.1% | 18.4% |
每股收益（稀释后）AROCAWK
| Q4 25 | $0.67 | $1.22 | ||
| Q3 25 | $0.40 | $1.94 | ||
| Q2 25 | $0.36 | $1.48 | ||
| Q1 25 | $0.40 | $1.05 | ||
| Q4 24 | $0.35 | $1.22 | ||
| Q3 24 | $0.22 | $1.80 | ||
| Q2 24 | $0.22 | $1.42 | ||
| Q1 24 | $0.26 | $0.95 |
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 | $1.6M | $98.0M |
| 总债务越低越好 | — | $12.8B |
| 股东权益账面价值 | $1.5B | $10.8B |
| 总资产 | $4.3B | $35.4B |
| 负债/权益比越低杠杆越低 | — | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资AROCAWK
| Q4 25 | $1.6M | $98.0M | ||
| Q3 25 | $4.1M | $166.0M | ||
| Q2 25 | $5.9M | $94.0M | ||
| Q1 25 | $4.8M | $114.0M | ||
| Q4 24 | $4.4M | $96.0M | ||
| Q3 24 | $3.7M | $127.0M | ||
| Q2 24 | $919.0K | $48.0M | ||
| Q1 24 | $1.2M | $584.0M |
总债务AROCAWK
| Q4 25 | — | $12.8B | ||
| Q3 25 | — | $13.0B | ||
| Q2 25 | — | $12.3B | ||
| Q1 25 | — | $13.3B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | — | $12.6B | ||
| Q2 24 | — | $12.6B | ||
| Q1 24 | — | $12.6B |
股东权益AROCAWK
| Q4 25 | $1.5B | $10.8B | ||
| Q3 25 | $1.4B | $10.9B | ||
| Q2 25 | $1.4B | $10.7B | ||
| Q1 25 | $1.3B | $10.5B | ||
| Q4 24 | $1.3B | $10.3B | ||
| Q3 24 | $1.3B | $10.4B | ||
| Q2 24 | $894.5M | $10.2B | ||
| Q1 24 | $882.1M | $10.0B |
总资产AROCAWK
| Q4 25 | $4.3B | $35.4B | ||
| Q3 25 | $4.4B | $34.7B | ||
| Q2 25 | $4.4B | $33.9B | ||
| Q1 25 | $4.0B | $33.2B | ||
| Q4 24 | $3.8B | $32.8B | ||
| Q3 24 | $3.8B | $31.8B | ||
| Q2 24 | $2.7B | $31.2B | ||
| Q1 24 | $2.7B | $31.1B |
负债/权益比AROCAWK
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.26× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | 1.21× | ||
| Q2 24 | — | 1.24× | ||
| Q1 24 | — | 1.26× |
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 | $214.5M | $663.0M |
| 自由现金流经营现金流 - 资本支出 | $126.7M | $-385.0M |
| 自由现金流率自由现金流/营收 | 33.6% | -30.3% |
| 资本支出强度资本支出/营收 | 23.3% | 82.5% |
| 现金转化率经营现金流/净利润 | 1.84× | 2.79× |
| 过去12个月自由现金流最近4个季度 | $119.6M | $-1.1B |
8季度趋势，按日历期对齐
经营现金流AROCAWK
| Q4 25 | $214.5M | $663.0M | ||
| Q3 25 | $164.5M | $764.0M | ||
| Q2 25 | $127.5M | $301.0M | ||
| Q1 25 | $115.6M | $331.0M | ||
| Q4 24 | $124.3M | $639.0M | ||
| Q3 24 | $96.9M | $679.0M | ||
| Q2 24 | $70.7M | $345.0M | ||
| Q1 24 | $137.7M | $382.0M |
自由现金流AROCAWK
| Q4 25 | $126.7M | $-385.0M | ||
| Q3 25 | $29.5M | $-33.0M | ||
| Q2 25 | $16.0M | $-432.0M | ||
| Q1 25 | $-52.5M | $-217.0M | ||
| Q4 24 | $26.4M | $-255.0M | ||
| Q3 24 | $26.9M | $-4.0M | ||
| Q2 24 | $-20.6M | $-325.0M | ||
| Q1 24 | $37.9M | $-227.0M |
自由现金流率AROCAWK
| Q4 25 | 33.6% | -30.3% | ||
| Q3 25 | 7.7% | -2.3% | ||
| Q2 25 | 4.2% | -34.0% | ||
| Q1 25 | -15.1% | -19.1% | ||
| Q4 24 | 8.1% | -21.2% | ||
| Q3 24 | 9.2% | -0.3% | ||
| Q2 24 | -7.6% | -28.5% | ||
| Q1 24 | 14.1% | -22.6% |
资本支出强度AROCAWK
| Q4 25 | 23.3% | 82.5% | ||
| Q3 25 | 35.3% | 54.8% | ||
| Q2 25 | 29.1% | 57.6% | ||
| Q1 25 | 48.4% | 48.3% | ||
| Q4 24 | 30.0% | 74.4% | ||
| Q3 24 | 24.0% | 51.4% | ||
| Q2 24 | 33.7% | 58.8% | ||
| Q1 24 | 37.2% | 60.7% |
现金转化率AROCAWK
| Q4 25 | 1.84× | 2.79× | ||
| Q3 25 | 2.31× | 2.02× | ||
| Q2 25 | 2.01× | 1.04× | ||
| Q1 25 | 1.63× | 1.61× | ||
| Q4 24 | 2.08× | 2.67× | ||
| Q3 24 | 2.58× | 1.94× | ||
| Q2 24 | 2.05× | 1.25× | ||
| Q1 24 | 3.40× | 2.06× |
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
AROC
| Horsepower Group Three | $112.6M | 30% |
| Horsepower Group Two | $108.5M | 29% |
| Horsepower Group One | $105.9M | 28% |
| Services | $32.9M | 9% |
| Over Counter Parts And Component Sales | $17.0M | 5% |
| Transferred At Point In Time | $1.4M | 0% |
AWK
| Water Services | $1.0B | 81% |
| Other | $127.0M | 10% |
| Wastewater Services | $101.0M | 8% |
| Miscellaneous Utility Charge | $11.0M | 1% |
