vs
Academy Sports & Outdoors, Inc.（ASO）与STIFEL FINANCIAL CORP（SF）财务数据对比。点击上方公司名可切换其他公司
STIFEL FINANCIAL CORP的季度营收约是Academy Sports & Outdoors, Inc.的1.2倍（$1.7B vs $1.4B），STIFEL FINANCIAL CORP净利率更高（15.1% vs 5.2%，领先9.9%），STIFEL FINANCIAL CORP同比增速更快（17.7% vs 3.0%），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（44.4% 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。
司迪富金融是美国跨国独立投资银行及金融服务提供商，总部位于密苏里州圣路易斯市中心。其历史可追溯至1890年成立的Altheimer & Rawlings投资公司，1983年正式以Stifel为名成立，1986年11月24日在纽约证券交易所挂牌上市，为全球客户提供多元化金融服务。
ASO vs SF — 直观对比
营收规模更大
SF
是对方的1.2倍
$1.4B
营收增速更快
SF
高出14.7%
3.0%
净利率更高
SF
高出9.9%
5.2%
两年增速更快
SF
近两年复合增速
-12.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.7B |
| 净利润 | $71.6M | $251.4M |
| 毛利率 | 35.7% | — |
| 营业利润率 | 7.3% | 30.8% |
| 净利率 | 5.2% | 15.1% |
| 营收同比 | 3.0% | 17.7% |
| 净利润同比 | 8.8% | 374.4% |
| 每股收益（稀释后） | $1.05 | $1.48 |
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ASOSF
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.6B | $962.6M | ||
| Q2 25 | $1.4B | $838.9M | ||
| Q1 25 | $1.7B | $842.5M | ||
| Q4 24 | $1.3B | $916.0M | ||
| Q3 24 | $1.5B | $810.9M | ||
| Q2 24 | $1.4B | $798.9M |
净利润ASOSF
| Q1 26 | — | $251.4M | ||
| Q4 25 | $71.6M | $264.4M | ||
| Q3 25 | $125.4M | $211.4M | ||
| Q2 25 | $46.1M | $155.1M | ||
| Q1 25 | $133.6M | $53.0M | ||
| Q4 24 | $65.8M | $244.0M | ||
| Q3 24 | $142.6M | $158.5M | ||
| Q2 24 | $76.5M | $165.3M |
毛利率ASOSF
| Q1 26 | — | — | ||
| Q4 25 | 35.7% | — | ||
| Q3 25 | 36.0% | — | ||
| Q2 25 | 34.0% | — | ||
| Q1 25 | 32.2% | — | ||
| Q4 24 | 34.0% | — | ||
| Q3 24 | 36.1% | — | ||
| Q2 24 | 33.4% | — |
营业利润率ASOSF
| Q1 26 | — | 30.8% | ||
| Q4 25 | 7.3% | 27.3% | ||
| Q3 25 | 10.8% | 29.7% | ||
| Q2 25 | 5.1% | 25.5% | ||
| Q1 25 | 9.2% | 7.5% | ||
| Q4 24 | 6.8% | 29.1% | ||
| Q3 24 | 12.3% | 26.7% | ||
| Q2 24 | 7.5% | 28.4% |
净利率ASOSF
| Q1 26 | — | 15.1% | ||
| Q4 25 | 5.2% | 23.5% | ||
| Q3 25 | 7.8% | 22.0% | ||
| Q2 25 | 3.4% | 18.5% | ||
| Q1 25 | 8.0% | 6.3% | ||
| Q4 24 | 4.9% | 26.6% | ||
| Q3 24 | 9.2% | 19.5% | ||
| Q2 24 | 5.6% | 20.7% |
每股收益（稀释后）ASOSF
| Q1 26 | — | $1.48 | ||
| Q4 25 | $1.05 | $2.30 | ||
| Q3 25 | $1.85 | $1.84 | ||
| Q2 25 | $0.68 | $1.34 | ||
| Q1 25 | $1.85 | $0.39 | ||
| Q4 24 | $0.92 | $2.10 | ||
| Q3 24 | $1.95 | $1.34 | ||
| Q2 24 | $1.01 | $1.41 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $332.3M |
| 总资产 | $5.4B | $42.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ASOSF
| Q1 26 | — | — | ||
| Q4 25 | $289.5M | $2.3B | ||
| Q3 25 | $300.9M | $3.2B | ||
| Q2 25 | $285.1M | $1.9B | ||
| Q1 25 | $288.9M | $2.7B | ||
| Q4 24 | $296.0M | $2.6B | ||
| Q3 24 | $324.6M | $1.9B | ||
| Q2 24 | $378.1M | $2.6B |
总债务ASOSF
| Q1 26 | — | — | ||
| Q4 25 | — | $617.4M | ||
| Q3 25 | — | $617.2M | ||
| Q2 25 | — | $617.0M | ||
| Q1 25 | — | $616.8M | ||
| Q4 24 | — | $616.6M | ||
| Q3 24 | — | $616.4M | ||
| Q2 24 | — | $1.1B |
股东权益ASOSF
| Q1 26 | — | $332.3M | ||
| Q4 25 | $2.1B | $6.0B | ||
| Q3 25 | $2.1B | $5.8B | ||
| Q2 25 | $1.9B | $5.6B | ||
| Q1 25 | $2.0B | $5.5B | ||
| Q4 24 | $2.0B | $5.7B | ||
| Q3 24 | $2.0B | $5.6B | ||
| Q2 24 | $1.9B | $5.4B |
总资产ASOSF
| Q1 26 | — | $42.9B | ||
| Q4 25 | $5.4B | $41.3B | ||
| Q3 25 | $5.3B | $41.7B | ||
| Q2 25 | $5.2B | $39.9B | ||
| Q1 25 | $4.9B | $40.4B | ||
| Q4 24 | $5.1B | $39.9B | ||
| Q3 24 | $4.9B | $38.9B | ||
| Q2 24 | $4.9B | $37.8B |
负债/权益比ASOSF
| Q1 26 | — | — | ||
| Q4 25 | — | 0.10× | ||
| Q3 25 | — | 0.11× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| Q2 24 | — | 0.21× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-13.6M | — |
| 自由现金流率自由现金流/营收 | -1.0% | — |
| 资本支出强度资本支出/营收 | 4.5% | — |
| 现金转化率经营现金流/净利润 | 0.68× | — |
| 过去12个月自由现金流最近4个季度 | $191.4M | — |
8季度趋势，按日历期对齐
经营现金流ASOSF
| Q1 26 | — | — | ||
| Q4 25 | $49.0M | $382.4M | ||
| Q3 25 | $78.6M | $338.3M | ||
| Q2 25 | $157.5M | $607.5M | ||
| Q1 25 | $140.2M | $-211.2M | ||
| Q4 24 | $96.9M | $694.6M | ||
| Q3 24 | $91.3M | $198.3M | ||
| Q2 24 | $199.7M | $207.2M |
自由现金流ASOSF
| Q1 26 | — | — | ||
| Q4 25 | $-13.6M | $369.0M | ||
| Q3 25 | $21.8M | $321.1M | ||
| Q2 25 | $106.6M | $592.7M | ||
| Q1 25 | $76.4M | $-227.8M | ||
| Q4 24 | $34.4M | $677.2M | ||
| Q3 24 | $50.1M | $185.6M | ||
| Q2 24 | $167.4M | $173.3M |
自由现金流率ASOSF
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 32.7% | ||
| Q3 25 | 1.4% | 33.4% | ||
| Q2 25 | 7.9% | 70.6% | ||
| Q1 25 | 4.6% | -27.0% | ||
| Q4 24 | 2.6% | 73.9% | ||
| Q3 24 | 3.2% | 22.9% | ||
| Q2 24 | 12.3% | 21.7% |
资本支出强度ASOSF
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | 1.2% | ||
| Q3 25 | 3.5% | 1.8% | ||
| Q2 25 | 3.8% | 1.8% | ||
| Q1 25 | 3.8% | 2.0% | ||
| Q4 24 | 4.6% | 1.9% | ||
| Q3 24 | 2.7% | 1.6% | ||
| Q2 24 | 2.4% | 4.2% |
现金转化率ASOSF
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 1.45× | ||
| Q3 25 | 0.63× | 1.60× | ||
| Q2 25 | 3.42× | 3.92× | ||
| Q1 25 | 1.05× | -3.99× | ||
| Q4 24 | 1.47× | 2.85× | ||
| Q3 24 | 0.64× | 1.25× | ||
| Q2 24 | 2.61× | 1.25× |
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% |
SF
| Other | $506.7M | 30% |
| Asset management | $459.5M | 28% |
| Investment banking | $341.4M | 20% |
| Commissions | $207.8M | 12% |
| Principal transactions | $150.2M | 9% |
