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AerSale Corp（ASLE）与OPAL Fuels Inc.（OPAL）财务数据对比。点击上方公司名可切换其他公司
AerSale Corp的季度营收约是OPAL Fuels Inc.的1.0倍（$90.9M vs $88.4M），OPAL Fuels Inc.净利率更高（18.3% vs 5.9%，领先12.4%），OPAL Fuels Inc.同比增速更快（18.7% vs -4.0%），AerSale Corp自由现金流更多（$9.8M vs $-13.4M），过去两年OPAL Fuels Inc.的营收复合增速更高（17.6% vs 0.2%）
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。
OPAL Fuels Inc.是一家北美能源企业，专注于生产和分销低碳可再生天然气（RNG）。公司从垃圾填埋场、奶牛场等有机废物流中收集甲烷，产出的可再生天然气主要供应给重型运输车队、商业物流运营商及公共交通实体，助力降低碳排放。
ASLE vs OPAL — 直观对比
营收规模更大
ASLE
是对方的1.0倍
$88.4M
营收增速更快
OPAL
高出22.8%
-4.0%
净利率更高
OPAL
高出12.4%
5.9%
自由现金流更多
ASLE
多$23.1M
$-13.4M
两年增速更快
OPAL
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $88.4M |
| 净利润 | $5.4M | $16.2M |
| 毛利率 | 34.1% | — |
| 营业利润率 | 7.8% | 7.5% |
| 净利率 | 5.9% | 18.3% |
| 营收同比 | -4.0% | 18.7% |
| 净利润同比 | 99.7% | 401.5% |
| 每股收益（稀释后） | $0.10 | $0.08 |
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ASLEOPAL
| Q4 25 | $90.9M | $88.4M | ||
| Q3 25 | $71.2M | $77.9M | ||
| Q2 25 | $107.4M | $77.4M | ||
| Q1 25 | $65.8M | $83.0M | ||
| Q4 24 | $94.7M | $74.5M | ||
| Q3 24 | $82.7M | $82.6M | ||
| Q2 24 | $77.1M | $69.8M | ||
| Q1 24 | $90.5M | $64.0M |
净利润ASLEOPAL
| Q4 25 | $5.4M | $16.2M | ||
| Q3 25 | $-120.0K | $11.4M | ||
| Q2 25 | $8.6M | $7.6M | ||
| Q1 25 | $-5.3M | $1.3M | ||
| Q4 24 | $2.7M | $-5.4M | ||
| Q3 24 | $509.0K | $17.1M | ||
| Q2 24 | $-3.6M | $1.9M | ||
| Q1 24 | $6.3M | $677.0K |
毛利率ASLEOPAL
| Q4 25 | 34.1% | — | ||
| Q3 25 | 30.2% | — | ||
| Q2 25 | 32.9% | — | ||
| Q1 25 | 27.3% | — | ||
| Q4 24 | 31.4% | — | ||
| Q3 24 | 28.6% | — | ||
| Q2 24 | 28.2% | — | ||
| Q1 24 | 31.8% | — |
营业利润率ASLEOPAL
| Q4 25 | 7.8% | 7.5% | ||
| Q3 25 | 4.0% | 4.6% | ||
| Q2 25 | 11.7% | -1.1% | ||
| Q1 25 | -10.1% | -2.3% | ||
| Q4 24 | 5.2% | -0.5% | ||
| Q3 24 | 2.4% | 14.9% | ||
| Q2 24 | -2.4% | 8.1% | ||
| Q1 24 | 5.2% | 5.6% |
净利率ASLEOPAL
| Q4 25 | 5.9% | 18.3% | ||
| Q3 25 | -0.2% | 14.6% | ||
| Q2 25 | 8.0% | 9.8% | ||
| Q1 25 | -8.0% | 1.5% | ||
| Q4 24 | 2.9% | -7.2% | ||
| Q3 24 | 0.6% | 20.7% | ||
| Q2 24 | -4.7% | 2.7% | ||
| Q1 24 | 6.9% | 1.1% |
每股收益（稀释后）ASLEOPAL
| Q4 25 | $0.10 | $0.08 | ||
| Q3 25 | $0.00 | $0.05 | ||
| Q2 25 | $0.18 | $0.03 | ||
| Q1 25 | $-0.10 | $-0.01 | ||
| Q4 24 | $0.05 | $-0.05 | ||
| Q3 24 | $0.01 | $0.09 | ||
| Q2 24 | $-0.07 | $-0.01 | ||
| Q1 24 | $0.12 | $-0.01 |
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 | $24.4M |
| 总债务越低越好 | $1.3M | $361.3M |
| 股东权益账面价值 | $424.4M | $-12.9M |
| 总资产 | $640.5M | $959.5M |
| 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ASLEOPAL
| Q4 25 | $4.4M | $24.4M | ||
| Q3 25 | $5.3M | $29.9M | ||
| Q2 25 | $5.7M | $29.3M | ||
| Q1 25 | $4.7M | $40.1M | ||
| Q4 24 | $4.7M | $24.3M | ||
| Q3 24 | $9.8M | $31.0M | ||
| Q2 24 | $4.3M | $27.6M | ||
| Q1 24 | $2.6M | $34.2M |
总债务ASLEOPAL
| Q4 25 | $1.3M | $361.3M | ||
| Q3 25 | $1.5M | $351.2M | ||
| Q2 25 | $907.0K | $331.6M | ||
| Q1 25 | $1.1M | $307.0M | ||
| Q4 24 | $1.2M | $307.5M | ||
| Q3 24 | $376.0K | $252.9M | ||
| Q2 24 | $522.0K | $233.3M | ||
| Q1 24 | $3.5M | $208.7M |
股东权益ASLEOPAL
| Q4 25 | $424.4M | $-12.9M | ||
| Q3 25 | $417.1M | $7.5M | ||
| Q2 25 | $415.9M | $-25.0M | ||
| Q1 25 | $406.5M | $57.1M | ||
| Q4 24 | $455.6M | $-148.4M | ||
| Q3 24 | $451.5M | $-180.1M | ||
| Q2 24 | $449.8M | $-273.0M | ||
| Q1 24 | $452.0M | $-382.4M |
总资产ASLEOPAL
| Q4 25 | $640.5M | $959.5M | ||
| Q3 25 | $646.3M | $916.7M | ||
| Q2 25 | $646.7M | $905.5M | ||
| Q1 25 | $646.1M | $884.9M | ||
| Q4 24 | $604.7M | $881.1M | ||
| Q3 24 | $601.5M | $831.1M | ||
| Q2 24 | $598.7M | $782.3M | ||
| Q1 24 | $571.7M | $750.5M |
负债/权益比ASLEOPAL
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | 46.95× | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | 5.38× | ||
| 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 | $-3.5M |
| 自由现金流经营现金流 - 资本支出 | $9.8M | $-13.4M |
| 自由现金流率自由现金流/营收 | 10.8% | -15.1% |
| 资本支出强度资本支出/营收 | 1.7% | 11.1% |
| 现金转化率经营现金流/净利润 | 2.11× | -0.22× |
| 过去12个月自由现金流最近4个季度 | $-29.1M | $-34.2M |
8季度趋势，按日历期对齐
经营现金流ASLEOPAL
| Q4 25 | $11.4M | $-3.5M | ||
| Q3 25 | $-8.9M | $18.2M | ||
| Q2 25 | $19.8M | $-7.9M | ||
| Q1 25 | $-45.2M | $29.7M | ||
| Q4 24 | $37.5M | $-532.0K | ||
| Q3 24 | $10.4M | $17.7M | ||
| Q2 24 | $-15.3M | $533.0K | ||
| Q1 24 | $-21.5M | $13.7M |
自由现金流ASLEOPAL
| Q4 25 | $9.8M | $-13.4M | ||
| Q3 25 | $-9.8M | $-9.3M | ||
| Q2 25 | $18.6M | $-29.7M | ||
| Q1 25 | $-47.6M | $18.1M | ||
| Q4 24 | $32.3M | $-55.0M | ||
| Q3 24 | $8.9M | $-5.4M | ||
| Q2 24 | $-18.9M | $-22.5M | ||
| Q1 24 | $-25.0M | $-13.0M |
自由现金流率ASLEOPAL
| Q4 25 | 10.8% | -15.1% | ||
| Q3 25 | -13.8% | -11.9% | ||
| Q2 25 | 17.3% | -38.4% | ||
| Q1 25 | -72.4% | 21.8% | ||
| Q4 24 | 34.0% | -73.8% | ||
| Q3 24 | 10.7% | -6.5% | ||
| Q2 24 | -24.6% | -32.2% | ||
| Q1 24 | -27.7% | -20.4% |
资本支出强度ASLEOPAL
| Q4 25 | 1.7% | 11.1% | ||
| Q3 25 | 1.3% | 35.3% | ||
| Q2 25 | 1.1% | 28.2% | ||
| Q1 25 | 3.7% | 13.9% | ||
| Q4 24 | 5.6% | 73.1% | ||
| Q3 24 | 1.9% | 27.9% | ||
| Q2 24 | 4.7% | 32.9% | ||
| Q1 24 | 3.9% | 41.8% |
现金转化率ASLEOPAL
| Q4 25 | 2.11× | -0.22× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | 2.31× | -1.04× | ||
| Q1 25 | — | 23.11× | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | 1.03× | ||
| Q2 24 | — | 0.28× | ||
| Q1 24 | -3.42× | 20.26× |
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% |
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
