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AerSale Corp（ASLE）与丰田北美（MPAA）财务数据对比。点击上方公司名可切换其他公司
丰田北美的季度营收约是AerSale Corp的1.8倍（$167.7M vs $90.9M），AerSale Corp净利率更高（5.9% vs 1.1%，领先4.9%），AerSale Corp同比增速更快（-4.0% vs -9.9%），AerSale Corp自由现金流更多（$9.8M vs $-8.6M），过去两年AerSale Corp的营收复合增速更高（0.2% vs -5.9%）
AerSale Corp总部位于美国佛罗里达州多拉市，是一家面向航空领域的全球供应商，主要为客运及货运航空公司、政府机构、跨国整机制造商与独立维修机构提供商用喷气飞机二手整机、发动机、航空耗材，并提供航空工程服务，同时该公司也是飞机机队回收协会的成员企业。
丰田北美（TMNA）是丰田汽车旗下负责加拿大、墨西哥及美国全境业务的运营子公司，业务范围覆盖研发、生产制造、销售营销、售后及企业管理等板块，相关核心业务由TMNA统筹，部分板块由其他子公司及控股企业负责执行，公司总部位于得克萨斯州普莱诺，在肯塔基州乔治敦等多地设有分支机构。
ASLE vs MPAA — 直观对比
营收规模更大
MPAA
是对方的1.8倍
$90.9M
营收增速更快
ASLE
高出5.9%
-9.9%
净利率更高
ASLE
高出4.9%
1.1%
自由现金流更多
ASLE
多$18.4M
$-8.6M
两年增速更快
ASLE
近两年复合增速
-5.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $167.7M |
| 净利润 | $5.4M | $1.8M |
| 毛利率 | 34.1% | 19.6% |
| 营业利润率 | 7.8% | 5.0% |
| 净利率 | 5.9% | 1.1% |
| 营收同比 | -4.0% | -9.9% |
| 净利润同比 | 99.7% | -22.4% |
| 每股收益（稀释后） | $0.10 | $0.09 |
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ASLEMPAA
| Q4 25 | $90.9M | $167.7M | ||
| Q3 25 | $71.2M | $221.5M | ||
| Q2 25 | $107.4M | $188.4M | ||
| Q1 25 | $65.8M | $193.1M | ||
| Q4 24 | $94.7M | $186.2M | ||
| Q3 24 | $82.7M | $208.2M | ||
| Q2 24 | $77.1M | $169.9M | ||
| Q1 24 | $90.5M | $189.5M |
净利润ASLEMPAA
| Q4 25 | $5.4M | $1.8M | ||
| Q3 25 | $-120.0K | $-2.1M | ||
| Q2 25 | $8.6M | $3.0M | ||
| Q1 25 | $-5.3M | $-722.0K | ||
| Q4 24 | $2.7M | $2.3M | ||
| Q3 24 | $509.0K | $-3.0M | ||
| Q2 24 | $-3.6M | $-18.1M | ||
| Q1 24 | $6.3M | $1.3M |
毛利率ASLEMPAA
| Q4 25 | 34.1% | 19.6% | ||
| Q3 25 | 30.2% | 19.3% | ||
| Q2 25 | 32.9% | 18.0% | ||
| Q1 25 | 27.3% | 19.9% | ||
| Q4 24 | 31.4% | 24.1% | ||
| Q3 24 | 28.6% | 19.8% | ||
| Q2 24 | 28.2% | 17.2% | ||
| Q1 24 | 31.8% | 18.4% |
营业利润率ASLEMPAA
| Q4 25 | 7.8% | 5.0% | ||
| Q3 25 | 4.0% | 7.4% | ||
| Q2 25 | 11.7% | 10.7% | ||
| Q1 25 | -10.1% | 8.4% | ||
| Q4 24 | 5.2% | 9.4% | ||
| Q3 24 | 2.4% | 6.0% | ||
| Q2 24 | -2.4% | -3.8% | ||
| Q1 24 | 5.2% | 6.4% |
净利率ASLEMPAA
| Q4 25 | 5.9% | 1.1% | ||
| Q3 25 | -0.2% | -1.0% | ||
| Q2 25 | 8.0% | 1.6% | ||
| Q1 25 | -8.0% | -0.4% | ||
| Q4 24 | 2.9% | 1.2% | ||
| Q3 24 | 0.6% | -1.4% | ||
| Q2 24 | -4.7% | -10.6% | ||
| Q1 24 | 6.9% | 0.7% |
每股收益（稀释后）ASLEMPAA
| Q4 25 | $0.10 | $0.09 | ||
| Q3 25 | $0.00 | $-0.11 | ||
| Q2 25 | $0.18 | $0.15 | ||
| Q1 25 | $-0.10 | $-0.03 | ||
| Q4 24 | $0.05 | $0.11 | ||
| Q3 24 | $0.01 | $-0.15 | ||
| Q2 24 | $-0.07 | $-0.92 | ||
| Q1 24 | $0.12 | $0.06 |
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 | $4.4M | $19.6M |
| 总债务越低越好 | $1.3M | — |
| 股东权益账面价值 | $424.4M | $258.5M |
| 总资产 | $640.5M | $991.3M |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资ASLEMPAA
| Q4 25 | $4.4M | $19.6M | ||
| Q3 25 | $5.3M | $17.7M | ||
| Q2 25 | $5.7M | $14.5M | ||
| Q1 25 | $4.7M | $11.3M | ||
| Q4 24 | $4.7M | $12.7M | ||
| Q3 24 | $9.8M | $12.3M | ||
| Q2 24 | $4.3M | $9.4M | ||
| Q1 24 | $2.6M | $15.8M |
总债务ASLEMPAA
| Q4 25 | $1.3M | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $907.0K | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $376.0K | — | ||
| Q2 24 | $522.0K | — | ||
| Q1 24 | $3.5M | — |
股东权益ASLEMPAA
| Q4 25 | $424.4M | $258.5M | ||
| Q3 25 | $417.1M | $258.5M | ||
| Q2 25 | $415.9M | $260.1M | ||
| Q1 25 | $406.5M | $257.7M | ||
| Q4 24 | $455.6M | $262.7M | ||
| Q3 24 | $451.5M | $264.0M | ||
| Q2 24 | $449.8M | $267.2M | ||
| Q1 24 | $452.0M | $285.1M |
总资产ASLEMPAA
| Q4 25 | $640.5M | $991.3M | ||
| Q3 25 | $646.3M | $990.0M | ||
| Q2 25 | $646.7M | $973.4M | ||
| Q1 25 | $646.1M | $957.6M | ||
| Q4 24 | $604.7M | $949.5M | ||
| Q3 24 | $601.5M | $986.2M | ||
| Q2 24 | $598.7M | $978.0M | ||
| Q1 24 | $571.7M | $1.0B |
负债/权益比ASLEMPAA
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.01× | — |
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 | $11.4M | $-8.2M |
| 自由现金流经营现金流 - 资本支出 | $9.8M | $-8.6M |
| 自由现金流率自由现金流/营收 | 10.8% | -5.2% |
| 资本支出强度资本支出/营收 | 1.7% | 0.2% |
| 现金转化率经营现金流/净利润 | 2.11× | -4.63× |
| 过去12个月自由现金流最近4个季度 | $-29.1M | $27.7M |
8季度趋势，按日历期对齐
经营现金流ASLEMPAA
| Q4 25 | $11.4M | $-8.2M | ||
| Q3 25 | $-8.9M | $21.9M | ||
| Q2 25 | $19.8M | $10.0M | ||
| Q1 25 | $-45.2M | $9.1M | ||
| Q4 24 | $37.5M | $34.4M | ||
| Q3 24 | $10.4M | $22.9M | ||
| Q2 24 | $-15.3M | $-20.8M | ||
| Q1 24 | $-21.5M | $-9.3M |
自由现金流ASLEMPAA
| Q4 25 | $9.8M | $-8.6M | ||
| Q3 25 | $-9.8M | $20.8M | ||
| Q2 25 | $18.6M | $9.2M | ||
| Q1 25 | $-47.6M | $6.2M | ||
| Q4 24 | $32.3M | $33.7M | ||
| Q3 24 | $8.9M | $22.3M | ||
| Q2 24 | $-18.9M | $-21.3M | ||
| Q1 24 | $-25.0M | $-9.8M |
自由现金流率ASLEMPAA
| Q4 25 | 10.8% | -5.2% | ||
| Q3 25 | -13.8% | 9.4% | ||
| Q2 25 | 17.3% | 4.9% | ||
| Q1 25 | -72.4% | 3.2% | ||
| Q4 24 | 34.0% | 18.1% | ||
| Q3 24 | 10.7% | 10.7% | ||
| Q2 24 | -24.6% | -12.6% | ||
| Q1 24 | -27.7% | -5.2% |
资本支出强度ASLEMPAA
| Q4 25 | 1.7% | 0.2% | ||
| Q3 25 | 1.3% | 0.5% | ||
| Q2 25 | 1.1% | 0.4% | ||
| Q1 25 | 3.7% | 1.5% | ||
| Q4 24 | 5.6% | 0.4% | ||
| Q3 24 | 1.9% | 0.3% | ||
| Q2 24 | 4.7% | 0.3% | ||
| Q1 24 | 3.9% | 0.3% |
现金转化率ASLEMPAA
| Q4 25 | 2.11× | -4.63× | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.31× | 3.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | 15.00× | ||
| Q3 24 | 20.52× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -3.42× | -6.93× |
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
ASLE
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
MPAA
| Reportable Segment Aggregation Before Other Operating Segment | $156.3M | 93% |
| Other | $11.4M | 7% |
