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Arq, Inc.（ARQ）与WD 40 CO（WDFC）财务数据对比。点击上方公司名可切换其他公司
WD 40 CO的季度营收约是Arq, Inc.的5.2倍（$154.4M vs $29.4M）。Arq, Inc.同比增速更快（8.8% vs 0.6%）。WD 40 CO自由现金流更多（$9.1M vs $-3.5M）。过去两年Arq, Inc.的营收复合增速更高（16.4% vs 5.4%）
Arq Inc是一家可持续发展技术企业，主营将煤矿开采废弃物加工为高价值低碳固体燃料及工业碳产品，服务能源、建筑、制造等领域客户，核心市场覆盖北美及欧洲主要地区，致力于帮助工业客户减少废弃物、降低碳排放。
WD-40公司是全球知名的消费及工业维护用品生产商，核心产品为同名多功能防锈润滑剂，同时布局清洁剂、除油剂、特殊润滑产品等品类，业务覆盖全球170余个国家和地区，服务零售、工业、汽车后市场等多个领域。
ARQ vs WDFC — 直观对比
营收规模更大
WDFC
是对方的5.2倍
$29.4M
营收增速更快
ARQ
高出8.2%
0.6%
自由现金流更多
WDFC
多$12.6M
$-3.5M
两年增速更快
ARQ
近两年复合增速
5.4%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $29.4M | $154.4M |
| 净利润 | — | $17.5M |
| 毛利率 | 13.6% | 56.2% |
| 营业利润率 | -174.1% | 15.1% |
| 净利率 | — | 11.3% |
| 营收同比 | 8.8% | 0.6% |
| 净利润同比 | — | -7.8% |
| 每股收益（稀释后） | $-1.20 | $1.28 |
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ARQWDFC
| Q4 25 | $29.4M | $154.4M | ||
| Q3 25 | $35.1M | $163.5M | ||
| Q2 25 | $28.6M | $156.9M | ||
| Q1 25 | $27.2M | $146.1M | ||
| Q4 24 | $27.0M | $153.5M | ||
| Q3 24 | $34.8M | $156.0M | ||
| Q2 24 | $25.4M | $155.0M | ||
| Q1 24 | $21.7M | $139.1M |
净利润ARQWDFC
| Q4 25 | — | $17.5M | ||
| Q3 25 | $-653.0K | $21.2M | ||
| Q2 25 | $-2.1M | $21.0M | ||
| Q1 25 | $203.0K | $29.9M | ||
| Q4 24 | — | $18.9M | ||
| Q3 24 | $1.6M | $16.8M | ||
| Q2 24 | $-2.0M | $19.8M | ||
| Q1 24 | $-3.4M | $15.5M |
毛利率ARQWDFC
| Q4 25 | 13.6% | 56.2% | ||
| Q3 25 | 28.8% | 54.7% | ||
| Q2 25 | 33.3% | 56.2% | ||
| Q1 25 | 36.4% | 54.6% | ||
| Q4 24 | 36.3% | 54.8% | ||
| Q3 24 | 38.6% | 54.1% | ||
| Q2 24 | 32.2% | 53.1% | ||
| Q1 24 | 36.9% | 52.4% |
营业利润率ARQWDFC
| Q4 25 | -174.1% | 15.1% | ||
| Q3 25 | -2.4% | 17.1% | ||
| Q2 25 | -5.4% | 17.4% | ||
| Q1 25 | 2.4% | 15.9% | ||
| Q4 24 | 1.5% | 16.4% | ||
| Q3 24 | 5.8% | 15.4% | ||
| Q2 24 | -5.6% | 17.5% | ||
| Q1 24 | -13.7% | 15.1% |
净利率ARQWDFC
| Q4 25 | — | 11.3% | ||
| Q3 25 | -1.9% | 13.0% | ||
| Q2 25 | -7.5% | 13.4% | ||
| Q1 25 | 0.7% | 20.4% | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | 4.7% | 10.8% | ||
| Q2 24 | -7.7% | 12.8% | ||
| Q1 24 | -15.7% | 11.2% |
每股收益（稀释后）ARQWDFC
| Q4 25 | $-1.20 | $1.28 | ||
| Q3 25 | $-0.02 | $1.57 | ||
| Q2 25 | $-0.05 | $1.54 | ||
| Q1 25 | $0.00 | $2.19 | ||
| Q4 24 | $-0.03 | $1.39 | ||
| Q3 24 | $0.04 | $1.23 | ||
| Q2 24 | $-0.06 | $1.46 | ||
| Q1 24 | $-0.09 | $1.14 |
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 | $6.6M | $48.6M |
| 总债务越低越好 | $28.7M | $85.7M |
| 股东权益账面价值 | $168.0M | $264.1M |
| 总资产 | $230.6M | $459.7M |
| 负债/权益比越低杠杆越低 | 0.17× | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资ARQWDFC
| Q4 25 | $6.6M | $48.6M | ||
| Q3 25 | $7.0M | $58.1M | ||
| Q2 25 | $7.0M | $51.7M | ||
| Q1 25 | $6.3M | $53.0M | ||
| Q4 24 | $13.5M | $54.9M | ||
| Q3 24 | $48.7M | $46.7M | ||
| Q2 24 | $28.5M | $45.3M | ||
| Q1 24 | $35.2M | $55.4M |
总债务ARQWDFC
| Q4 25 | $28.7M | $85.7M | ||
| Q3 25 | $26.1M | $86.2M | ||
| Q2 25 | $28.9M | $85.6M | ||
| Q1 25 | $27.1M | $84.4M | ||
| Q4 24 | $25.1M | $84.6M | ||
| Q3 24 | $21.6M | $86.0M | ||
| Q2 24 | $22.2M | $85.5M | ||
| Q1 24 | $22.6M | $85.9M |
股东权益ARQWDFC
| Q4 25 | $168.0M | $264.1M | ||
| Q3 25 | $217.2M | $268.2M | ||
| Q2 25 | $216.8M | $257.1M | ||
| Q1 25 | $218.2M | $242.1M | ||
| Q4 24 | $217.3M | $226.3M | ||
| Q3 24 | $218.1M | $230.5M | ||
| Q2 24 | $189.6M | $222.2M | ||
| Q1 24 | $175.2M | $216.3M |
总资产ARQWDFC
| Q4 25 | $230.6M | $459.7M | ||
| Q3 25 | $277.9M | $475.8M | ||
| Q2 25 | $284.5M | $456.0M | ||
| Q1 25 | $283.7M | $458.3M | ||
| Q4 24 | $284.4M | $447.3M | ||
| Q3 24 | $280.0M | $449.0M | ||
| Q2 24 | $248.6M | $443.6M | ||
| Q1 24 | $229.8M | $442.0M |
负债/权益比ARQWDFC
| Q4 25 | 0.17× | 0.32× | ||
| Q3 25 | 0.12× | 0.32× | ||
| Q2 25 | 0.13× | 0.33× | ||
| Q1 25 | 0.12× | 0.35× | ||
| Q4 24 | 0.12× | 0.37× | ||
| Q3 24 | 0.10× | 0.37× | ||
| Q2 24 | 0.12× | 0.38× | ||
| Q1 24 | 0.13× | 0.40× |
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 | $-2.8M | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $-3.5M | $9.1M |
| 自由现金流率自由现金流/营收 | -12.0% | 5.9% |
| 资本支出强度资本支出/营收 | 2.7% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.57× |
| 过去12个月自由现金流最近4个季度 | $-11.3M | $78.2M |
8季度趋势，按日历期对齐
经营现金流ARQWDFC
| Q4 25 | $-2.8M | $10.0M | ||
| Q3 25 | $5.3M | $29.9M | ||
| Q2 25 | $527.0K | $35.1M | ||
| Q1 25 | $-5.8M | $8.0M | ||
| Q4 24 | $5.2M | $14.9M | ||
| Q3 24 | $7.7M | $27.2M | ||
| Q2 24 | $-3.0M | $19.9M | ||
| Q1 24 | $526.0K | $18.0M |
自由现金流ARQWDFC
| Q4 25 | $-3.5M | $9.1M | ||
| Q3 25 | $3.1M | $28.6M | ||
| Q2 25 | $-1.4M | $34.0M | ||
| Q1 25 | $-9.5M | $6.6M | ||
| Q4 24 | $-37.8M | $14.2M | ||
| Q3 24 | $-5.8M | $26.4M | ||
| Q2 24 | $-22.1M | $18.7M | ||
| Q1 24 | $-9.1M | $16.7M |
自由现金流率ARQWDFC
| Q4 25 | -12.0% | 5.9% | ||
| Q3 25 | 8.8% | 17.5% | ||
| Q2 25 | -4.7% | 21.6% | ||
| Q1 25 | -34.9% | 4.5% | ||
| Q4 24 | -139.6% | 9.3% | ||
| Q3 24 | -16.5% | 16.9% | ||
| Q2 24 | -87.1% | 12.0% | ||
| Q1 24 | -41.7% | 12.0% |
资本支出强度ARQWDFC
| Q4 25 | 2.7% | 0.6% | ||
| Q3 25 | 6.3% | 0.8% | ||
| Q2 25 | 6.6% | 0.7% | ||
| Q1 25 | 13.6% | 0.9% | ||
| Q4 24 | 158.9% | 0.5% | ||
| Q3 24 | 38.7% | 0.5% | ||
| Q2 24 | 75.5% | 0.8% | ||
| Q1 24 | 44.1% | 0.9% |
现金转化率ARQWDFC
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 1.67× | ||
| Q1 25 | -28.59× | 0.27× | ||
| Q4 24 | — | 0.79× | ||
| Q3 24 | 4.76× | 1.62× | ||
| Q2 24 | — | 1.00× | ||
| 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
ARQ
暂无分部数据
WDFC
| Other | $82.6M | 53% |
| WD40Multi Use Product | $56.0M | 36% |
| WD40Specialist | $9.0M | 6% |
| Other Maintenance Products | $4.0M | 3% |
| Homecare And Cleaning Products | $2.7M | 2% |
