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艾睿电子（ARW）与潘世奇汽车集团（PAG）财务数据对比。点击上方公司名可切换其他公司
潘世奇汽车集团的季度营收约是艾睿电子的1.0倍（$8.8B vs $8.7B），潘世奇汽车集团净利率更高（2.6% vs 2.2%，领先0.4%），艾睿电子同比增速更快（20.1% vs 14.6%），艾睿电子自由现金流更多（$172.6M vs $25.1M），过去两年艾睿电子的营收复合增速更高（12.4% vs 9.0%）
艾睿电子是总部位于美国科罗拉多州森特纳尼尔的企业，为全球客户提供电子元器件与企业计算产品，面向原始设备制造商、增值经销商、合同制造商等商业客户提供分销及增值服务，位列美国财富500强第154位。
潘世奇汽车集团（PAG）是总部位于美国密歇根州布卢姆菲尔德希尔斯的交通服务企业，主营汽车与商用卡车经销业务，覆盖美国、加拿大及西欧市场，同时在澳大利亚、新西兰分销商用车、发动机、动力系统及相关配件服务，还持有潘世奇运输解决方案公司28.9%的股份，后者管理超40万辆卡车的车队。
ARW vs PAG — 直观对比
营收规模更大
PAG
是对方的1.0倍
$8.7B
营收增速更快
ARW
高出5.5%
14.6%
净利率更高
PAG
高出0.4%
2.2%
自由现金流更多
ARW
多$147.5M
$25.1M
两年增速更快
ARW
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.7B | $8.8B |
| 净利润 | $194.6M | $228.1M |
| 毛利率 | 11.5% | 15.9% |
| 营业利润率 | 3.4% | 3.6% |
| 净利率 | 2.2% | 2.6% |
| 营收同比 | 20.1% | 14.6% |
| 净利润同比 | 96.2% | -3.5% |
| 每股收益（稀释后） | $3.74 | $3.46 |
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ARWPAG
| Q4 25 | $8.7B | $8.8B | ||
| Q3 25 | $7.7B | $7.7B | ||
| Q2 25 | $7.6B | $7.7B | ||
| Q1 25 | $6.8B | $7.6B | ||
| Q4 24 | $7.3B | $7.7B | ||
| Q3 24 | $6.8B | $7.6B | ||
| Q2 24 | $6.9B | $7.7B | ||
| Q1 24 | $6.9B | $7.4B |
净利润ARWPAG
| Q4 25 | $194.6M | $228.1M | ||
| Q3 25 | $109.2M | $213.0M | ||
| Q2 25 | $187.7M | $250.0M | ||
| Q1 25 | $79.7M | $244.3M | ||
| Q4 24 | $99.2M | $236.4M | ||
| Q3 24 | $100.6M | $226.1M | ||
| Q2 24 | $108.7M | $241.2M | ||
| Q1 24 | $83.6M | $215.2M |
毛利率ARWPAG
| Q4 25 | 11.5% | 15.9% | ||
| Q3 25 | 10.8% | 16.2% | ||
| Q2 25 | 11.2% | 16.9% | ||
| Q1 25 | 11.4% | 16.7% | ||
| Q4 24 | 11.0% | 16.3% | ||
| Q3 24 | 11.5% | 16.4% | ||
| Q2 24 | 12.3% | 16.4% | ||
| Q1 24 | 12.4% | 16.7% |
营业利润率ARWPAG
| Q4 25 | 3.4% | 3.6% | ||
| Q3 25 | 2.3% | 3.9% | ||
| Q2 25 | 2.5% | 4.5% | ||
| Q1 25 | 2.3% | 4.1% | ||
| Q4 24 | 2.7% | 4.3% | ||
| Q3 24 | 2.6% | 4.2% | ||
| Q2 24 | 3.1% | 4.4% | ||
| Q1 24 | 2.7% | 4.4% |
净利率ARWPAG
| Q4 25 | 2.2% | 2.6% | ||
| Q3 25 | 1.4% | 2.8% | ||
| Q2 25 | 2.5% | 3.3% | ||
| Q1 25 | 1.2% | 3.2% | ||
| Q4 24 | 1.4% | 3.1% | ||
| Q3 24 | 1.5% | 3.0% | ||
| Q2 24 | 1.6% | 3.1% | ||
| Q1 24 | 1.2% | 2.9% |
每股收益（稀释后）ARWPAG
| Q4 25 | $3.74 | $3.46 | ||
| Q3 25 | $2.09 | $3.23 | ||
| Q2 25 | $3.59 | $3.78 | ||
| Q1 25 | $1.51 | $3.66 | ||
| Q4 24 | $1.87 | $3.53 | ||
| Q3 24 | $1.88 | $3.39 | ||
| Q2 24 | $2.01 | $3.61 | ||
| Q1 24 | $1.53 | $3.21 |
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 | $306.5M | $64.7M |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $6.6B | $5.6B |
| 总资产 | $29.1B | $17.6B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资ARWPAG
| Q4 25 | $306.5M | $64.7M | ||
| Q3 25 | $213.6M | $80.3M | ||
| Q2 25 | $222.0M | $155.3M | ||
| Q1 25 | $231.9M | $118.4M | ||
| Q4 24 | $188.8M | $72.4M | ||
| Q3 24 | $248.0M | $91.9M | ||
| Q2 24 | $213.0M | $115.1M | ||
| Q1 24 | $242.8M | $116.9M |
总债务ARWPAG
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.7B |
股东权益ARWPAG
| Q4 25 | $6.6B | $5.6B | ||
| Q3 25 | $6.4B | $5.7B | ||
| Q2 25 | $6.3B | $5.6B | ||
| Q1 25 | $5.9B | $5.4B | ||
| Q4 24 | $5.8B | $5.2B | ||
| Q3 24 | $6.0B | $5.2B | ||
| Q2 24 | $5.7B | $5.0B | ||
| Q1 24 | $5.7B | $4.8B |
总资产ARWPAG
| Q4 25 | $29.1B | $17.6B | ||
| Q3 25 | $24.5B | $17.1B | ||
| Q2 25 | $24.3B | $17.4B | ||
| Q1 25 | $21.4B | $16.9B | ||
| Q4 24 | $21.8B | $16.7B | ||
| Q3 24 | $20.9B | $17.1B | ||
| Q2 24 | $20.1B | $16.6B | ||
| Q1 24 | $20.3B | $16.1B |
负债/权益比ARWPAG
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | 0.28× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.36× | ||
| Q2 24 | — | 0.36× | ||
| Q1 24 | — | 0.35× |
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 | $199.9M | $123.2M |
| 自由现金流经营现金流 - 资本支出 | $172.6M | $25.1M |
| 自由现金流率自由现金流/营收 | 2.0% | 0.3% |
| 资本支出强度资本支出/营收 | 0.3% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.03× | 0.54× |
| 过去12个月自由现金流最近4个季度 | $-37.2M | $650.5M |
8季度趋势，按日历期对齐
经营现金流ARWPAG
| Q4 25 | $199.9M | $123.2M | ||
| Q3 25 | $-281.7M | $379.5M | ||
| Q2 25 | $-205.9M | $189.7M | ||
| Q1 25 | $351.7M | $282.7M | ||
| Q4 24 | $326.5M | $217.7M | ||
| Q3 24 | $80.6M | $271.0M | ||
| Q2 24 | $320.2M | $235.1M | ||
| Q1 24 | $403.2M | $456.0M |
自由现金流ARWPAG
| Q4 25 | $172.6M | $25.1M | ||
| Q3 25 | $-312.0M | $300.4M | ||
| Q2 25 | $-224.5M | $118.9M | ||
| Q1 25 | $326.7M | $206.1M | ||
| Q4 24 | $303.9M | $131.6M | ||
| Q3 24 | $62.0M | $190.1M | ||
| Q2 24 | $298.1M | $135.9M | ||
| Q1 24 | $373.7M | $353.5M |
自由现金流率ARWPAG
| Q4 25 | 2.0% | 0.3% | ||
| Q3 25 | -4.0% | 3.9% | ||
| Q2 25 | -3.0% | 1.6% | ||
| Q1 25 | 4.8% | 2.7% | ||
| Q4 24 | 4.2% | 1.7% | ||
| Q3 24 | 0.9% | 2.5% | ||
| Q2 24 | 4.3% | 1.8% | ||
| Q1 24 | 5.4% | 4.7% |
资本支出强度ARWPAG
| Q4 25 | 0.3% | 1.1% | ||
| Q3 25 | 0.4% | 1.0% | ||
| Q2 25 | 0.2% | 0.9% | ||
| Q1 25 | 0.4% | 1.0% | ||
| Q4 24 | 0.3% | 1.1% | ||
| Q3 24 | 0.3% | 1.1% | ||
| Q2 24 | 0.3% | 1.3% | ||
| Q1 24 | 0.4% | 1.4% |
现金转化率ARWPAG
| Q4 25 | 1.03× | 0.54× | ||
| Q3 25 | -2.58× | 1.78× | ||
| Q2 25 | -1.10× | 0.76× | ||
| Q1 25 | 4.41× | 1.16× | ||
| Q4 24 | 3.29× | 0.92× | ||
| Q3 24 | 0.80× | 1.20× | ||
| Q2 24 | 2.95× | 0.97× | ||
| Q1 24 | 4.82× | 2.12× |
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
ARW
暂无分部数据
PAG
| New Vehicle | $3.9B | 44% |
| Used Vehicle | $2.3B | 26% |
| Service And Parts | $953.6M | 11% |
| Retail Commercial Truck Dealership Segment | $725.4M | 8% |
| Other | $414.5M | 5% |
| Commercial Vehicle Distribution And Other | $303.3M | 3% |
| Finance And Insurance Net | $221.9M | 3% |
