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Array Technologies, Inc.（ARRY）与EPR PROPERTIES（EPR）财务数据对比。点击上方公司名可切换其他公司
Array Technologies, Inc.的季度营收约是EPR PROPERTIES的1.2倍（$226.0M vs $182.9M），EPR PROPERTIES同比增速更快（3.2% vs -17.9%），EPR PROPERTIES自由现金流更多（$269.2M vs $36.2M），过去两年Array Technologies, Inc.的营收复合增速更高（21.4% vs 4.6%）
ATI科技是原加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器与芯片组的研发，1985年成立，1993年公开上市，2006年被AMD收购。作为全球知名的无晶圆厂半导体厂商，其掌握自研核心技术，生产组装环节采用外包模式。2000年3dfx破产后，ATI成为全球图形芯片领域的核心厂商之一。
EPR地产（前身为娱乐地产信托）是总部位于美国密苏里州堪萨斯城的房地产投资信托企业，专注投资游乐园、电影院、滑雪度假村等娱乐类地产项目，截至2022年共持有353处物业。
ARRY vs EPR — 直观对比
营收规模更大
ARRY
是对方的1.2倍
$182.9M
营收增速更快
EPR
高出21.1%
-17.9%
自由现金流更多
EPR
多$233.0M
$36.2M
两年增速更快
ARRY
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $182.9M |
| 净利润 | — | $66.9M |
| 毛利率 | 8.6% | — |
| 营业利润率 | -65.5% | 56.8% |
| 净利率 | — | 36.6% |
| 营收同比 | -17.9% | 3.2% |
| 净利润同比 | — | 897.0% |
| 每股收益（稀释后） | $-1.06 | $0.80 |
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ARRYEPR
| Q4 25 | $226.0M | $182.9M | ||
| Q3 25 | $393.5M | $182.3M | ||
| Q2 25 | $362.2M | $178.1M | ||
| Q1 25 | $302.4M | $175.0M | ||
| Q4 24 | $275.2M | $177.2M | ||
| Q3 24 | $231.4M | $180.5M | ||
| Q2 24 | $255.8M | $173.1M | ||
| Q1 24 | $153.4M | $167.2M |
净利润ARRYEPR
| Q4 25 | — | $66.9M | ||
| Q3 25 | $33.5M | $66.6M | ||
| Q2 25 | $43.3M | $75.6M | ||
| Q1 25 | $16.7M | $65.8M | ||
| Q4 24 | — | $-8.4M | ||
| Q3 24 | $-141.4M | $46.6M | ||
| Q2 24 | $25.7M | $45.1M | ||
| Q1 24 | $2.2M | $62.7M |
毛利率ARRYEPR
| Q4 25 | 8.6% | — | ||
| Q3 25 | 26.9% | — | ||
| Q2 25 | 26.8% | — | ||
| Q1 25 | 25.3% | — | ||
| Q4 24 | 28.5% | — | ||
| Q3 24 | 33.8% | — | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 35.9% | — |
营业利润率ARRYEPR
| Q4 25 | -65.5% | 56.8% | ||
| Q3 25 | 11.6% | 53.5% | ||
| Q2 25 | 12.8% | 62.5% | ||
| Q1 25 | 9.0% | 58.1% | ||
| Q4 24 | -51.7% | 25.5% | ||
| Q3 24 | -57.3% | 51.4% | ||
| Q2 24 | 15.5% | 45.9% | ||
| Q1 24 | 5.5% | 58.8% |
净利率ARRYEPR
| Q4 25 | — | 36.6% | ||
| Q3 25 | 8.5% | 36.5% | ||
| Q2 25 | 11.9% | 42.5% | ||
| Q1 25 | 5.5% | 37.6% | ||
| Q4 24 | — | -4.7% | ||
| Q3 24 | -61.1% | 25.8% | ||
| Q2 24 | 10.0% | 26.1% | ||
| Q1 24 | 1.4% | 37.5% |
每股收益（稀释后）ARRYEPR
| Q4 25 | $-1.06 | $0.80 | ||
| Q3 25 | $0.12 | $0.79 | ||
| Q2 25 | $0.19 | $0.91 | ||
| Q1 25 | $0.02 | $0.78 | ||
| Q4 24 | $-0.94 | $-0.19 | ||
| Q3 24 | $-1.02 | $0.53 | ||
| Q2 24 | $0.08 | $0.51 | ||
| Q1 24 | $-0.07 | $0.75 |
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 | $244.4M | $90.6M |
| 总债务越低越好 | — | $2.9B |
| 股东权益账面价值 | $-206.3M | $2.3B |
| 总资产 | $1.5B | $5.7B |
| 负债/权益比越低杠杆越低 | — | 1.26× |
8季度趋势，按日历期对齐
现金及短期投资ARRYEPR
| Q4 25 | $244.4M | $90.6M | ||
| Q3 25 | $221.5M | $13.7M | ||
| Q2 25 | $377.3M | $13.0M | ||
| Q1 25 | $348.3M | $20.6M | ||
| Q4 24 | $363.0M | $22.1M | ||
| Q3 24 | $332.4M | $35.3M | ||
| Q2 24 | $282.3M | $33.7M | ||
| Q1 24 | $287.6M | $59.5M |
总债务ARRYEPR
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.8B |
股东权益ARRYEPR
| Q4 25 | $-206.3M | $2.3B | ||
| Q3 25 | $-46.7M | $2.3B | ||
| Q2 25 | $-70.9M | $2.3B | ||
| Q1 25 | $-97.8M | $2.3B | ||
| Q4 24 | $-118.1M | $2.3B | ||
| Q3 24 | $64.5M | $2.4B | ||
| Q2 24 | $200.0M | $2.4B | ||
| Q1 24 | $231.2M | $2.4B |
总资产ARRYEPR
| Q4 25 | $1.5B | $5.7B | ||
| Q3 25 | $1.6B | $5.5B | ||
| Q2 25 | $1.5B | $5.6B | ||
| Q1 25 | $1.4B | $5.5B | ||
| Q4 24 | $1.4B | $5.6B | ||
| Q3 24 | $1.6B | $5.7B | ||
| Q2 24 | $1.7B | $5.6B | ||
| Q1 24 | $1.6B | $5.7B |
负债/权益比ARRYEPR
| Q4 25 | — | 1.26× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.23× | ||
| Q3 24 | — | 1.19× | ||
| Q2 24 | — | 1.16× | ||
| Q1 24 | — | 1.15× |
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 | $43.6M | $421.0M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $269.2M |
| 自由现金流率自由现金流/营收 | 16.0% | 147.1% |
| 资本支出强度资本支出/营收 | 3.3% | 82.9% |
| 现金转化率经营现金流/净利润 | — | 6.29× |
| 过去12个月自由现金流最近4个季度 | $79.8M | $568.5M |
8季度趋势，按日历期对齐
经营现金流ARRYEPR
| Q4 25 | $43.6M | $421.0M | ||
| Q3 25 | $27.4M | $136.5M | ||
| Q2 25 | $43.8M | $87.3M | ||
| Q1 25 | $-13.1M | $99.4M | ||
| Q4 24 | $57.6M | $393.1M | ||
| Q3 24 | $44.9M | $122.0M | ||
| Q2 24 | $4.0M | $78.7M | ||
| Q1 24 | $47.5M | $99.5M |
自由现金流ARRYEPR
| Q4 25 | $36.2M | $269.2M | ||
| Q3 25 | $21.9M | $132.1M | ||
| Q2 25 | $37.2M | $82.4M | ||
| Q1 25 | $-15.4M | $84.7M | ||
| Q4 24 | $55.9M | $129.2M | ||
| Q3 24 | $43.9M | $121.5M | ||
| Q2 24 | $1.8M | $71.3M | ||
| Q1 24 | $45.1M | $65.0M |
自由现金流率ARRYEPR
| Q4 25 | 16.0% | 147.1% | ||
| Q3 25 | 5.6% | 72.5% | ||
| Q2 25 | 10.3% | 46.3% | ||
| Q1 25 | -5.1% | 48.4% | ||
| Q4 24 | 20.3% | 72.9% | ||
| Q3 24 | 19.0% | 67.3% | ||
| Q2 24 | 0.7% | 41.2% | ||
| Q1 24 | 29.4% | 38.9% |
资本支出强度ARRYEPR
| Q4 25 | 3.3% | 82.9% | ||
| Q3 25 | 1.4% | 2.4% | ||
| Q2 25 | 1.8% | 2.7% | ||
| Q1 25 | 0.8% | 8.4% | ||
| Q4 24 | 0.6% | 148.9% | ||
| Q3 24 | 0.5% | 0.3% | ||
| Q2 24 | 0.8% | 4.2% | ||
| Q1 24 | 1.6% | 20.6% |
现金转化率ARRYEPR
| Q4 25 | — | 6.29× | ||
| Q3 25 | 0.82× | 2.05× | ||
| Q2 25 | 1.01× | 1.15× | ||
| Q1 25 | -0.78× | 1.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.62× | ||
| Q2 24 | 0.15× | 1.74× | ||
| Q1 24 | 21.94× | 1.59× |
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
ARRY
| Array Legacy Operations Segment | $212.0M | 94% |
| STI Operations Segment | $14.0M | 6% |
EPR
| Experiential Reportable Operating Segment | $173.3M | 95% |
| Education Reportable Operating Segment | $9.5M | 5% |
