vs
AerSale Corp（ASLE）与TELOS CORP（TLS）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TELOS CORP的1.9倍（$90.9M vs $46.8M），AerSale Corp净利率更高（5.9% vs -34.9%，领先40.8%），TELOS CORP同比增速更快（77.4% vs -4.0%），AerSale Corp自由现金流更多（$9.8M vs $8.0M），过去两年TELOS CORP的营收复合增速更高（25.7% 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。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
ASLE vs TLS — 直观对比
营收规模更大
ASLE
是对方的1.9倍
$46.8M
营收增速更快
TLS
高出81.4%
-4.0%
净利率更高
ASLE
高出40.8%
-34.9%
自由现金流更多
ASLE
多$1.8M
$8.0M
两年增速更快
TLS
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $90.9M | $46.8M |
| 净利润 | $5.4M | $-16.3M |
| 毛利率 | 34.1% | 35.0% |
| 营业利润率 | 7.8% | -39.6% |
| 净利率 | 5.9% | -34.9% |
| 营收同比 | -4.0% | 77.4% |
| 净利润同比 | 99.7% | -74.8% |
| 每股收益（稀释后） | $0.10 | $-0.22 |
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ASLETLS
| Q4 25 | $90.9M | $46.8M | ||
| Q3 25 | $71.2M | $51.4M | ||
| Q2 25 | $107.4M | $36.0M | ||
| Q1 25 | $65.8M | $30.6M | ||
| Q4 24 | $94.7M | $26.4M | ||
| Q3 24 | $82.7M | $23.8M | ||
| Q2 24 | $77.1M | $28.5M | ||
| Q1 24 | $90.5M | $29.6M |
净利润ASLETLS
| Q4 25 | $5.4M | $-16.3M | ||
| Q3 25 | $-120.0K | $-2.1M | ||
| Q2 25 | $8.6M | $-9.5M | ||
| Q1 25 | $-5.3M | $-8.6M | ||
| Q4 24 | $2.7M | $-9.3M | ||
| Q3 24 | $509.0K | $-28.1M | ||
| Q2 24 | $-3.6M | $-7.8M | ||
| Q1 24 | $6.3M | $-7.4M |
毛利率ASLETLS
| Q4 25 | 34.1% | 35.0% | ||
| Q3 25 | 30.2% | 39.9% | ||
| Q2 25 | 32.9% | 33.2% | ||
| Q1 25 | 27.3% | 39.8% | ||
| Q4 24 | 31.4% | 40.3% | ||
| Q3 24 | 28.6% | 13.2% | ||
| Q2 24 | 28.2% | 34.1% | ||
| Q1 24 | 31.8% | 37.0% |
营业利润率ASLETLS
| Q4 25 | 7.8% | -39.6% | ||
| Q3 25 | 4.0% | -4.8% | ||
| Q2 25 | 11.7% | -27.5% | ||
| Q1 25 | -10.1% | -29.5% | ||
| Q4 24 | 5.2% | -37.6% | ||
| Q3 24 | 2.4% | -121.4% | ||
| Q2 24 | -2.4% | -30.3% | ||
| Q1 24 | 5.2% | -28.5% |
净利率ASLETLS
| Q4 25 | 5.9% | -34.9% | ||
| Q3 25 | -0.2% | -4.1% | ||
| Q2 25 | 8.0% | -26.5% | ||
| Q1 25 | -8.0% | -28.1% | ||
| Q4 24 | 2.9% | -35.4% | ||
| Q3 24 | 0.6% | -118.0% | ||
| Q2 24 | -4.7% | -27.2% | ||
| Q1 24 | 6.9% | -24.9% |
每股收益（稀释后）ASLETLS
| Q4 25 | $0.10 | $-0.22 | ||
| Q3 25 | $0.00 | $-0.03 | ||
| Q2 25 | $0.18 | $-0.13 | ||
| Q1 25 | $-0.10 | $-0.12 | ||
| Q4 24 | $0.05 | $-0.13 | ||
| Q3 24 | $0.01 | $-0.39 | ||
| Q2 24 | $-0.07 | $-0.11 | ||
| Q1 24 | $0.12 | $-0.10 |
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 | $53.2M |
| 总债务越低越好 | $1.3M | — |
| 股东权益账面价值 | $424.4M | $96.0M |
| 总资产 | $640.5M | $139.9M |
| 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ASLETLS
| Q4 25 | $4.4M | $53.2M | ||
| Q3 25 | $5.3M | $59.0M | ||
| Q2 25 | $5.7M | $57.0M | ||
| Q1 25 | $4.7M | $57.8M | ||
| Q4 24 | $4.7M | $54.6M | ||
| Q3 24 | $9.8M | $69.8M | ||
| Q2 24 | $4.3M | $80.1M | ||
| Q1 24 | $2.6M | $93.9M |
总债务ASLETLS
| 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ASLETLS
| Q4 25 | $424.4M | $96.0M | ||
| Q3 25 | $417.1M | $119.7M | ||
| Q2 25 | $415.9M | $118.4M | ||
| Q1 25 | $406.5M | $126.1M | ||
| Q4 24 | $455.6M | $127.1M | ||
| Q3 24 | $451.5M | $129.5M | ||
| Q2 24 | $449.8M | $149.1M | ||
| Q1 24 | $452.0M | $154.4M |
总资产ASLETLS
| Q4 25 | $640.5M | $139.9M | ||
| Q3 25 | $646.3M | $164.3M | ||
| Q2 25 | $646.7M | $165.0M | ||
| Q1 25 | $646.1M | $158.1M | ||
| Q4 24 | $604.7M | $158.2M | ||
| Q3 24 | $601.5M | $166.3M | ||
| Q2 24 | $598.7M | $182.4M | ||
| Q1 24 | $571.7M | $195.4M |
负债/权益比ASLETLS
| 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 | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $9.8M | $8.0M |
| 自由现金流率自由现金流/营收 | 10.8% | 17.0% |
| 资本支出强度资本支出/营收 | 1.7% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.11× | — |
| 过去12个月自由现金流最近4个季度 | $-29.1M | $29.4M |
8季度趋势，按日历期对齐
经营现金流ASLETLS
| Q4 25 | $11.4M | $8.0M | ||
| Q3 25 | $-8.9M | $9.1M | ||
| Q2 25 | $19.8M | $7.0M | ||
| Q1 25 | $-45.2M | $6.1M | ||
| Q4 24 | $37.5M | $-10.5M | ||
| Q3 24 | $10.4M | $-7.1M | ||
| Q2 24 | $-15.3M | $-8.0M | ||
| Q1 24 | $-21.5M | $-350.0K |
自由现金流ASLETLS
| Q4 25 | $9.8M | $8.0M | ||
| Q3 25 | $-9.8M | $8.7M | ||
| Q2 25 | $18.6M | $6.8M | ||
| Q1 25 | $-47.6M | $6.0M | ||
| Q4 24 | $32.3M | $-12.4M | ||
| Q3 24 | $8.9M | $-7.1M | ||
| Q2 24 | $-18.9M | $-8.2M | ||
| Q1 24 | $-25.0M | $-447.0K |
自由现金流率ASLETLS
| Q4 25 | 10.8% | 17.0% | ||
| Q3 25 | -13.8% | 16.9% | ||
| Q2 25 | 17.3% | 19.0% | ||
| Q1 25 | -72.4% | 19.5% | ||
| Q4 24 | 34.0% | -47.0% | ||
| Q3 24 | 10.7% | -30.0% | ||
| Q2 24 | -24.6% | -28.9% | ||
| Q1 24 | -27.7% | -1.5% |
资本支出强度ASLETLS
| Q4 25 | 1.7% | 0.1% | ||
| Q3 25 | 1.3% | 0.9% | ||
| Q2 25 | 1.1% | 0.4% | ||
| Q1 25 | 3.7% | 0.4% | ||
| Q4 24 | 5.6% | 7.1% | ||
| Q3 24 | 1.9% | 0.2% | ||
| Q2 24 | 4.7% | 0.8% | ||
| Q1 24 | 3.9% | 0.3% |
现金转化率ASLETLS
| Q4 25 | 2.11× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.89× | — | ||
| Q3 24 | 20.52× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -3.42× | — |
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% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
