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AerSale Corp（ASLE）与P10, Inc.（PX）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P10, Inc.的1.1倍（$90.9M vs $81.0M），P10, Inc.净利率更高（11.7% vs 5.9%，领先5.7%），AerSale Corp同比增速更快（-4.0% vs -4.7%），P10, Inc.自由现金流更多（$18.1M vs $9.8M），过去两年P10, Inc.的营收复合增速更高（10.7% 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。
P10, Inc.是一家全球另类资产管理公司，提供涵盖私募股权、私募信贷、实物资产、风险投资的多元化投资解决方案，主要服务北美、欧洲、亚太市场的养老基金、捐赠基金、基金会及高净值个人等客户群体。
ASLE vs PX — 直观对比
营收规模更大
ASLE
是对方的1.1倍
$81.0M
营收增速更快
ASLE
高出0.7%
-4.7%
净利率更高
PX
高出5.7%
5.9%
自由现金流更多
PX
多$8.3M
$9.8M
两年增速更快
PX
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $81.0M |
| 净利润 | $5.4M | $9.5M |
| 毛利率 | 34.1% | — |
| 营业利润率 | 7.8% | 31.9% |
| 净利率 | 5.9% | 11.7% |
| 营收同比 | -4.0% | -4.7% |
| 净利润同比 | 99.7% | 79.0% |
| 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ASLEPX
| Q4 25 | $90.9M | $81.0M | ||
| Q3 25 | $71.2M | $75.9M | ||
| Q2 25 | $107.4M | $72.7M | ||
| Q1 25 | $65.8M | $67.7M | ||
| Q4 24 | $94.7M | $85.0M | ||
| Q3 24 | $82.7M | $74.2M | ||
| Q2 24 | $77.1M | $71.1M | ||
| Q1 24 | $90.5M | $66.1M |
净利润ASLEPX
| Q4 25 | $5.4M | $9.5M | ||
| Q3 25 | $-120.0K | $2.1M | ||
| Q2 25 | $8.6M | $3.4M | ||
| Q1 25 | $-5.3M | $4.5M | ||
| Q4 24 | $2.7M | $5.3M | ||
| Q3 24 | $509.0K | $1.4M | ||
| Q2 24 | $-3.6M | $7.0M | ||
| Q1 24 | $6.3M | $5.0M |
毛利率ASLEPX
| 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ASLEPX
| Q4 25 | 7.8% | 31.9% | ||
| Q3 25 | 4.0% | 14.1% | ||
| Q2 25 | 11.7% | 24.4% | ||
| Q1 25 | -10.1% | 16.6% | ||
| Q4 24 | 5.2% | 26.9% | ||
| Q3 24 | 2.4% | 11.9% | ||
| Q2 24 | -2.4% | 23.7% | ||
| Q1 24 | 5.2% | 18.3% |
净利率ASLEPX
| Q4 25 | 5.9% | 11.7% | ||
| Q3 25 | -0.2% | 2.8% | ||
| Q2 25 | 8.0% | 4.7% | ||
| Q1 25 | -8.0% | 6.7% | ||
| Q4 24 | 2.9% | 6.2% | ||
| Q3 24 | 0.6% | 1.9% | ||
| Q2 24 | -4.7% | 9.8% | ||
| Q1 24 | 6.9% | 7.6% |
每股收益（稀释后）ASLEPX
| Q4 25 | $0.10 | $0.08 | ||
| Q3 25 | $0.00 | $0.02 | ||
| Q2 25 | $0.18 | $0.03 | ||
| Q1 25 | $-0.10 | $0.04 | ||
| Q4 24 | $0.05 | $0.05 | ||
| Q3 24 | $0.01 | $0.01 | ||
| Q2 24 | $-0.07 | $0.06 | ||
| Q1 24 | $0.12 | $0.04 |
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 | $28.2M |
| 总债务越低越好 | $1.3M | $373.2M |
| 股东权益账面价值 | $424.4M | $403.5M |
| 总资产 | $640.5M | $928.3M |
| 负债/权益比越低杠杆越低 | 0.00× | 0.93× |
8季度趋势，按日历期对齐
现金及短期投资ASLEPX
| Q4 25 | $4.4M | $28.2M | ||
| Q3 25 | $5.3M | $40.0M | ||
| Q2 25 | $5.7M | $33.4M | ||
| Q1 25 | $4.7M | $74.4M | ||
| Q4 24 | $4.7M | $67.5M | ||
| Q3 24 | $9.8M | $61.5M | ||
| Q2 24 | $4.3M | $31.2M | ||
| Q1 24 | $2.6M | $29.0M |
总债务ASLEPX
| Q4 25 | $1.3M | $373.2M | ||
| Q3 25 | $1.5M | $393.4M | ||
| Q2 25 | $907.0K | $373.0M | ||
| Q1 25 | $1.1M | $357.2M | ||
| Q4 24 | $1.2M | $319.8M | ||
| Q3 24 | $376.0K | $319.4M | ||
| Q2 24 | $522.0K | $300.6M | ||
| Q1 24 | $3.5M | $314.0M |
股东权益ASLEPX
| Q4 25 | $424.4M | $403.5M | ||
| Q3 25 | $417.1M | $396.8M | ||
| Q2 25 | $415.9M | $388.9M | ||
| Q1 25 | $406.5M | $374.3M | ||
| Q4 24 | $455.6M | $386.9M | ||
| Q3 24 | $451.5M | $394.1M | ||
| Q2 24 | $449.8M | $396.9M | ||
| Q1 24 | $452.0M | $400.1M |
总资产ASLEPX
| Q4 25 | $640.5M | $928.3M | ||
| Q3 25 | $646.3M | $936.0M | ||
| Q2 25 | $646.7M | $932.2M | ||
| Q1 25 | $646.1M | $877.4M | ||
| Q4 24 | $604.7M | $869.3M | ||
| Q3 24 | $601.5M | $857.0M | ||
| Q2 24 | $598.7M | $823.2M | ||
| Q1 24 | $571.7M | $832.8M |
负债/权益比ASLEPX
| Q4 25 | 0.00× | 0.93× | ||
| Q3 25 | 0.00× | 0.99× | ||
| Q2 25 | 0.00× | 0.96× | ||
| Q1 25 | 0.00× | 0.95× | ||
| Q4 24 | 0.00× | 0.83× | ||
| Q3 24 | 0.00× | 0.81× | ||
| Q2 24 | 0.00× | 0.76× | ||
| Q1 24 | 0.01× | 0.78× |
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 | $23.0M |
| 自由现金流经营现金流 - 资本支出 | $9.8M | $18.1M |
| 自由现金流率自由现金流/营收 | 10.8% | 22.3% |
| 资本支出强度资本支出/营收 | 1.7% | 6.0% |
| 现金转化率经营现金流/净利润 | 2.11× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $-29.1M | $14.1M |
8季度趋势，按日历期对齐
经营现金流ASLEPX
| Q4 25 | $11.4M | $23.0M | ||
| Q3 25 | $-8.9M | $-8.6M | ||
| Q2 25 | $19.8M | $13.4M | ||
| Q1 25 | $-45.2M | $-4.7M | ||
| Q4 24 | $37.5M | $101.0M | ||
| Q3 24 | $10.4M | $27.5M | ||
| Q2 24 | $-15.3M | $34.8M | ||
| Q1 24 | $-21.5M | $11.0M |
自由现金流ASLEPX
| Q4 25 | $9.8M | $18.1M | ||
| Q3 25 | $-9.8M | $-9.5M | ||
| Q2 25 | $18.6M | $11.6M | ||
| Q1 25 | $-47.6M | $-6.0M | ||
| Q4 24 | $32.3M | $96.6M | ||
| Q3 24 | $8.9M | $25.2M | ||
| Q2 24 | $-18.9M | $33.9M | ||
| Q1 24 | $-25.0M | $10.7M |
自由现金流率ASLEPX
| Q4 25 | 10.8% | 22.3% | ||
| Q3 25 | -13.8% | -12.6% | ||
| Q2 25 | 17.3% | 15.9% | ||
| Q1 25 | -72.4% | -8.9% | ||
| Q4 24 | 34.0% | 113.6% | ||
| Q3 24 | 10.7% | 34.0% | ||
| Q2 24 | -24.6% | 47.7% | ||
| Q1 24 | -27.7% | 16.2% |
资本支出强度ASLEPX
| Q4 25 | 1.7% | 6.0% | ||
| Q3 25 | 1.3% | 1.2% | ||
| Q2 25 | 1.1% | 2.5% | ||
| Q1 25 | 3.7% | 1.9% | ||
| Q4 24 | 5.6% | 5.2% | ||
| Q3 24 | 1.9% | 3.0% | ||
| Q2 24 | 4.7% | 1.3% | ||
| Q1 24 | 3.9% | 0.4% |
现金转化率ASLEPX
| Q4 25 | 2.11× | 2.43× | ||
| Q3 25 | — | -4.01× | ||
| Q2 25 | 2.31× | 3.96× | ||
| Q1 25 | — | -1.05× | ||
| Q4 24 | 13.89× | 19.12× | ||
| Q3 24 | 20.52× | 19.54× | ||
| Q2 24 | — | 4.98× | ||
| Q1 24 | -3.42× | 2.18× |
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% |
PX
| Management Fees | $78.1M | 96% |
| Advisory Fees | $1.8M | 2% |
