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Academy Sports & Outdoors, Inc.（ASO）与Post Holdings, Inc.（POST）财务数据对比。点击上方公司名可切换其他公司
Post Holdings, Inc.的季度营收约是Academy Sports & Outdoors, Inc.的1.6倍（$2.2B vs $1.4B），Academy Sports & Outdoors, Inc.净利率更高（5.2% vs 4.5%，领先0.7%），Post Holdings, Inc.同比增速更快（10.1% vs 3.0%），Post Holdings, Inc.自由现金流更多（$119.3M vs $-13.6M），过去两年Post Holdings, Inc.的营收复合增速更高（4.3% vs -12.2%）
Academy Sports & Outdoors是美国知名的运动户外用品连锁零售商，总部位于得克萨斯州哈里斯县，临近休斯顿。品牌曾由戈奇曼家族私有运营74年，2011年被私募机构KKR收购，2020年10月于纳斯达克挂牌上市，旗下门店主营各类运动装备、户外休闲用品等品类。
Post Holdings, Inc.是美国头部包装消费品食品生产商，旗下拥有知名食品业务板块Post Consumer Brands，总部坐落于明尼苏达州莱克维尔，其生产的食品类快消品覆盖北美及全球多个市场，深受消费者喜爱。
ASO vs POST — 直观对比
营收规模更大
POST
是对方的1.6倍
$1.4B
营收增速更快
POST
高出7.1%
3.0%
净利率更高
ASO
高出0.7%
4.5%
自由现金流更多
POST
多$132.9M
$-13.6M
两年增速更快
POST
近两年复合增速
-12.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.2B |
| 净利润 | $71.6M | $96.8M |
| 毛利率 | 35.7% | 29.4% |
| 营业利润率 | 7.3% | 11.0% |
| 净利率 | 5.2% | 4.5% |
| 营收同比 | 3.0% | 10.1% |
| 净利润同比 | 8.8% | -14.6% |
| 每股收益（稀释后） | $1.05 | $1.71 |
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ASOPOST
| Q4 25 | $1.4B | $2.2B | ||
| Q3 25 | $1.6B | $2.2B | ||
| Q2 25 | $1.4B | $2.0B | ||
| Q1 25 | $1.7B | $2.0B | ||
| Q4 24 | $1.3B | $2.0B | ||
| Q3 24 | $1.5B | $2.0B | ||
| Q2 24 | $1.4B | $1.9B | ||
| Q1 24 | $1.8B | $2.0B |
净利润ASOPOST
| Q4 25 | $71.6M | $96.8M | ||
| Q3 25 | $125.4M | $51.0M | ||
| Q2 25 | $46.1M | $108.8M | ||
| Q1 25 | $133.6M | $62.6M | ||
| Q4 24 | $65.8M | $113.3M | ||
| Q3 24 | $142.6M | $81.6M | ||
| Q2 24 | $76.5M | $99.8M | ||
| Q1 24 | $168.2M | $97.2M |
毛利率ASOPOST
| Q4 25 | 35.7% | 29.4% | ||
| Q3 25 | 36.0% | 26.8% | ||
| Q2 25 | 34.0% | 30.0% | ||
| Q1 25 | 32.2% | 28.0% | ||
| Q4 24 | 34.0% | 30.1% | ||
| Q3 24 | 36.1% | 28.6% | ||
| Q2 24 | 33.4% | 29.6% | ||
| Q1 24 | 33.3% | 29.0% |
营业利润率ASOPOST
| Q4 25 | 7.3% | 11.0% | ||
| Q3 25 | 10.8% | 7.5% | ||
| Q2 25 | 5.1% | 11.8% | ||
| Q1 25 | 9.2% | 9.3% | ||
| Q4 24 | 6.8% | 10.8% | ||
| Q3 24 | 12.3% | 9.5% | ||
| Q2 24 | 7.5% | 10.4% | ||
| Q1 24 | 11.4% | 9.5% |
净利率ASOPOST
| Q4 25 | 5.2% | 4.5% | ||
| Q3 25 | 7.8% | 2.3% | ||
| Q2 25 | 3.4% | 5.5% | ||
| Q1 25 | 8.0% | 3.2% | ||
| Q4 24 | 4.9% | 5.7% | ||
| Q3 24 | 9.2% | 4.1% | ||
| Q2 24 | 5.6% | 5.1% | ||
| Q1 24 | 9.4% | 4.9% |
每股收益（稀释后）ASOPOST
| Q4 25 | $1.05 | $1.71 | ||
| Q3 25 | $1.85 | $0.91 | ||
| Q2 25 | $0.68 | $1.79 | ||
| Q1 25 | $1.85 | $1.03 | ||
| Q4 24 | $0.92 | $1.78 | ||
| Q3 24 | $1.95 | $1.28 | ||
| Q2 24 | $1.01 | $1.53 | ||
| Q1 24 | $2.19 | $1.48 |
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 | $289.5M | $279.3M |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $2.1B | $3.5B |
| 总资产 | $5.4B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 2.16× |
8季度趋势，按日历期对齐
现金及短期投资ASOPOST
| Q4 25 | $289.5M | $279.3M | ||
| Q3 25 | $300.9M | $176.7M | ||
| Q2 25 | $285.1M | $1.1B | ||
| Q1 25 | $288.9M | $617.6M | ||
| Q4 24 | $296.0M | $872.9M | ||
| Q3 24 | $324.6M | $787.4M | ||
| Q2 24 | $378.1M | $333.8M | ||
| Q1 24 | $347.9M | $333.4M |
总债务ASOPOST
| Q4 25 | — | $7.5B | ||
| Q3 25 | — | $7.4B | ||
| Q2 25 | — | $7.3B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | — | $6.9B | ||
| Q3 24 | — | $6.8B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.4B |
股东权益ASOPOST
| Q4 25 | $2.1B | $3.5B | ||
| Q3 25 | $2.1B | $3.8B | ||
| Q2 25 | $1.9B | $4.0B | ||
| Q1 25 | $2.0B | $3.8B | ||
| Q4 24 | $2.0B | $3.9B | ||
| Q3 24 | $2.0B | $4.1B | ||
| Q2 24 | $1.9B | $3.9B | ||
| Q1 24 | $2.0B | $4.0B |
总资产ASOPOST
| Q4 25 | $5.4B | $13.0B | ||
| Q3 25 | $5.3B | $13.5B | ||
| Q2 25 | $5.2B | $13.4B | ||
| Q1 25 | $4.9B | $12.8B | ||
| Q4 24 | $5.1B | $12.8B | ||
| Q3 24 | $4.9B | $12.9B | ||
| Q2 24 | $4.9B | $12.1B | ||
| Q1 24 | $4.7B | $12.2B |
负债/权益比ASOPOST
| Q4 25 | — | 2.16× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.84× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.62× | ||
| Q1 24 | — | 1.61× |
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 | $49.0M | $235.7M |
| 自由现金流经营现金流 - 资本支出 | $-13.6M | $119.3M |
| 自由现金流率自由现金流/营收 | -1.0% | 5.5% |
| 资本支出强度资本支出/营收 | 4.5% | 5.4% |
| 现金转化率经营现金流/净利润 | 0.68× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $191.4M | $436.0M |
8季度趋势，按日历期对齐
经营现金流ASOPOST
| Q4 25 | $49.0M | $235.7M | ||
| Q3 25 | $78.6M | $301.3M | ||
| Q2 25 | $157.5M | $225.9M | ||
| Q1 25 | $140.2M | $160.7M | ||
| Q4 24 | $96.9M | $310.4M | ||
| Q3 24 | $91.3M | $235.4M | ||
| Q2 24 | $199.7M | $272.3M | ||
| Q1 24 | $234.7M | $249.6M |
自由现金流ASOPOST
| Q4 25 | $-13.6M | $119.3M | ||
| Q3 25 | $21.8M | $151.6M | ||
| Q2 25 | $106.6M | $94.9M | ||
| Q1 25 | $76.4M | $70.2M | ||
| Q4 24 | $34.4M | $171.4M | ||
| Q3 24 | $50.1M | $96.2M | ||
| Q2 24 | $167.4M | $161.5M | ||
| Q1 24 | $178.9M | $150.9M |
自由现金流率ASOPOST
| Q4 25 | -1.0% | 5.5% | ||
| Q3 25 | 1.4% | 6.7% | ||
| Q2 25 | 7.9% | 4.8% | ||
| Q1 25 | 4.6% | 3.6% | ||
| Q4 24 | 2.6% | 8.7% | ||
| Q3 24 | 3.2% | 4.8% | ||
| Q2 24 | 12.3% | 8.3% | ||
| Q1 24 | 10.0% | 7.5% |
资本支出强度ASOPOST
| Q4 25 | 4.5% | 5.4% | ||
| Q3 25 | 3.5% | 6.7% | ||
| Q2 25 | 3.8% | 6.6% | ||
| Q1 25 | 3.8% | 4.6% | ||
| Q4 24 | 4.6% | 7.0% | ||
| Q3 24 | 2.7% | 6.9% | ||
| Q2 24 | 2.4% | 5.7% | ||
| Q1 24 | 3.1% | 4.9% |
现金转化率ASOPOST
| Q4 25 | 0.68× | 2.43× | ||
| Q3 25 | 0.63× | 5.91× | ||
| Q2 25 | 3.42× | 2.08× | ||
| Q1 25 | 1.05× | 2.57× | ||
| Q4 24 | 1.47× | 2.74× | ||
| Q3 24 | 0.64× | 2.88× | ||
| Q2 24 | 2.61× | 2.73× | ||
| Q1 24 | 1.40× | 2.57× |
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
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
POST
| Post Consumer Brands Segment | $1.1B | 51% |
| Pet Food | $360.4M | 17% |
| Side Dishes | $221.5M | 10% |
| Weetabix | $137.9M | 6% |
| Other | $122.1M | 6% |
| Nut Butters | $105.8M | 5% |
| Sausage | $53.1M | 2% |
| Cheeseand Dairy | $41.3M | 2% |
| Protein Based Shakes | $29.3M | 1% |
| Bell Ring | $18.1M | 1% |
