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Archrock, Inc.（AROC）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Archrock, Inc.的季度营收约是Forestar Group Inc.的1.4倍（$377.1M vs $273.0M），Archrock, Inc.净利率更高（31.0% vs 5.6%，领先25.3%），Archrock, Inc.同比增速更快（15.5% vs 9.0%），Archrock, Inc.自由现金流更多（$126.7M vs $-157.1M），过去两年Archrock, Inc.的营收复合增速更高（18.5% vs -9.6%）
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。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
AROC vs FOR — 直观对比
营收规模更大
AROC
是对方的1.4倍
$273.0M
营收增速更快
AROC
高出6.5%
9.0%
净利率更高
AROC
高出25.3%
5.6%
自由现金流更多
AROC
多$283.8M
$-157.1M
两年增速更快
AROC
近两年复合增速
-9.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $377.1M | $273.0M |
| 净利润 | $116.8M | $15.4M |
| 毛利率 | 53.0% | 20.1% |
| 营业利润率 | 39.4% | 7.6% |
| 净利率 | 31.0% | 5.6% |
| 营收同比 | 15.5% | 9.0% |
| 净利润同比 | 95.4% | -6.7% |
| 每股收益（稀释后） | $0.67 | $0.30 |
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AROCFOR
| Q4 25 | $377.1M | $273.0M | ||
| Q3 25 | $382.4M | $670.5M | ||
| Q2 25 | $383.2M | $390.5M | ||
| Q1 25 | $347.2M | $351.0M | ||
| Q4 24 | $326.4M | $250.4M | ||
| Q3 24 | $292.2M | $551.3M | ||
| Q2 24 | $270.5M | $318.4M | ||
| Q1 24 | $268.5M | $333.8M |
净利润AROCFOR
| Q4 25 | $116.8M | $15.4M | ||
| Q3 25 | $71.2M | $86.9M | ||
| Q2 25 | $63.4M | $32.9M | ||
| Q1 25 | $70.8M | $31.6M | ||
| Q4 24 | $59.8M | $16.5M | ||
| Q3 24 | $37.5M | $81.5M | ||
| Q2 24 | $34.4M | $38.7M | ||
| Q1 24 | $40.5M | $45.0M |
毛利率AROCFOR
| Q4 25 | 53.0% | 20.1% | ||
| Q3 25 | 48.5% | 22.3% | ||
| Q2 25 | 45.4% | 20.4% | ||
| Q1 25 | 47.4% | 22.6% | ||
| Q4 24 | 46.3% | 22.0% | ||
| Q3 24 | 44.4% | 23.9% | ||
| Q2 24 | 41.5% | 22.5% | ||
| Q1 24 | 42.1% | 24.9% |
营业利润率AROCFOR
| Q4 25 | 39.4% | 7.6% | ||
| Q3 25 | 25.3% | 16.9% | ||
| Q2 25 | 22.5% | 11.2% | ||
| Q1 25 | 26.5% | 11.6% | ||
| Q4 24 | 24.0% | 8.7% | ||
| Q3 24 | 18.1% | 19.7% | ||
| Q2 24 | 17.6% | 16.2% | ||
| Q1 24 | 20.0% | 17.6% |
净利率AROCFOR
| Q4 25 | 31.0% | 5.6% | ||
| Q3 25 | 18.6% | 13.0% | ||
| Q2 25 | 16.6% | 8.4% | ||
| Q1 25 | 20.4% | 9.0% | ||
| Q4 24 | 18.3% | 6.6% | ||
| Q3 24 | 12.8% | 14.8% | ||
| Q2 24 | 12.7% | 12.2% | ||
| Q1 24 | 15.1% | 13.5% |
每股收益（稀释后）AROCFOR
| Q4 25 | $0.67 | $0.30 | ||
| Q3 25 | $0.40 | $1.70 | ||
| Q2 25 | $0.36 | $0.65 | ||
| Q1 25 | $0.40 | $0.62 | ||
| Q4 24 | $0.35 | $0.32 | ||
| Q3 24 | $0.22 | $1.59 | ||
| Q2 24 | $0.22 | $0.76 | ||
| Q1 24 | $0.26 | $0.89 |
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 | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | $1.5B | $1.8B |
| 总资产 | $4.3B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资AROCFOR
| Q4 25 | $1.6M | $211.7M | ||
| Q3 25 | $4.1M | $379.2M | ||
| Q2 25 | $5.9M | $189.2M | ||
| Q1 25 | $4.8M | $174.3M | ||
| Q4 24 | $4.4M | $132.0M | ||
| Q3 24 | $3.7M | $481.2M | ||
| Q2 24 | $919.0K | $359.2M | ||
| Q1 24 | $1.2M | $416.2M |
总债务AROCFOR
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
股东权益AROCFOR
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $894.5M | $1.5B | ||
| Q1 24 | $882.1M | $1.5B |
总资产AROCFOR
| Q4 25 | $4.3B | $3.2B | ||
| Q3 25 | $4.4B | $3.1B | ||
| Q2 25 | $4.4B | $3.1B | ||
| Q1 25 | $4.0B | $3.0B | ||
| Q4 24 | $3.8B | $3.0B | ||
| Q3 24 | $3.8B | $2.8B | ||
| Q2 24 | $2.7B | $2.7B | ||
| Q1 24 | $2.7B | $2.6B |
负债/权益比AROCFOR
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $126.7M | $-157.1M |
| 自由现金流率自由现金流/营收 | 33.6% | -57.5% |
| 资本支出强度资本支出/营收 | 23.3% | 0.0% |
| 现金转化率经营现金流/净利润 | 1.84× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $119.6M | $93.0M |
8季度趋势，按日历期对齐
经营现金流AROCFOR
| Q4 25 | $214.5M | $-157.0M | ||
| Q3 25 | $164.5M | $256.3M | ||
| Q2 25 | $127.5M | $15.8M | ||
| Q1 25 | $115.6M | $-19.8M | ||
| Q4 24 | $124.3M | $-450.0M | ||
| Q3 24 | $96.9M | $119.2M | ||
| Q2 24 | $70.7M | $-61.7M | ||
| Q1 24 | $137.7M | $-59.2M |
自由现金流AROCFOR
| Q4 25 | $126.7M | $-157.1M | ||
| Q3 25 | $29.5M | $255.6M | ||
| Q2 25 | $16.0M | $15.0M | ||
| Q1 25 | $-52.5M | $-20.5M | ||
| Q4 24 | $26.4M | — | ||
| Q3 24 | $26.9M | $118.4M | ||
| Q2 24 | $-20.6M | $-62.3M | ||
| Q1 24 | $37.9M | $-59.8M |
自由现金流率AROCFOR
| Q4 25 | 33.6% | -57.5% | ||
| Q3 25 | 7.7% | 38.1% | ||
| Q2 25 | 4.2% | 3.8% | ||
| Q1 25 | -15.1% | -5.8% | ||
| Q4 24 | 8.1% | — | ||
| Q3 24 | 9.2% | 21.5% | ||
| Q2 24 | -7.6% | -19.6% | ||
| Q1 24 | 14.1% | -17.9% |
资本支出强度AROCFOR
| Q4 25 | 23.3% | 0.0% | ||
| Q3 25 | 35.3% | 0.1% | ||
| Q2 25 | 29.1% | 0.2% | ||
| Q1 25 | 48.4% | 0.2% | ||
| Q4 24 | 30.0% | 0.0% | ||
| Q3 24 | 24.0% | 0.1% | ||
| Q2 24 | 33.7% | 0.2% | ||
| Q1 24 | 37.2% | 0.2% |
现金转化率AROCFOR
| Q4 25 | 1.84× | -10.19× | ||
| Q3 25 | 2.31× | 2.95× | ||
| Q2 25 | 2.01× | 0.48× | ||
| Q1 25 | 1.63× | -0.63× | ||
| Q4 24 | 2.08× | -27.27× | ||
| Q3 24 | 2.58× | 1.46× | ||
| Q2 24 | 2.05× | -1.59× | ||
| Q1 24 | 3.40× | -1.32× |
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% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
