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Academy Sports & Outdoors, Inc.（ASO）与STERLING INFRASTRUCTURE, INC.（STRL）财务数据对比。点击上方公司名可切换其他公司
Academy Sports & Outdoors, Inc.的季度营收约是STERLING INFRASTRUCTURE, INC.的1.8倍（$1.4B vs $755.6M），STERLING INFRASTRUCTURE, INC.净利率更高（11.6% vs 5.2%，领先6.4%），STERLING INFRASTRUCTURE, INC.同比增速更快（51.5% vs 3.0%），STERLING INFRASTRUCTURE, INC.自由现金流更多（$159.7M vs $-13.6M），过去两年STERLING INFRASTRUCTURE, INC.的营收复合增速更高（31.0% 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。
本公司是总部位于印度马哈拉施特拉邦孟买的跨国工程总承包（EPC）企业，业务覆盖可再生能源、数据中心、柴油发电、机电水暖（MEP）服务等多个领域，已在全球三十余个国家交付项目，执行团队遍布亚洲、中东、非洲、欧洲及澳大利亚。
ASO vs STRL — 直观对比
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $755.6M |
| 净利润 | $71.6M | $87.6M |
| 毛利率 | 35.7% | 21.7% |
| 营业利润率 | 7.3% | 15.9% |
| 净利率 | 5.2% | 11.6% |
| 营收同比 | 3.0% | 51.5% |
| 净利润同比 | 8.8% | -22.6% |
| 每股收益（稀释后） | $1.05 | $2.82 |
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
| Q4 25 | $1.4B | $755.6M | ||
| Q3 25 | $1.6B | $689.0M | ||
| Q2 25 | $1.4B | $614.5M | ||
| Q1 25 | $1.7B | $430.9M | ||
| Q4 24 | $1.3B | $498.8M | ||
| Q3 24 | $1.5B | $593.7M | ||
| Q2 24 | $1.4B | $582.8M | ||
| Q1 24 | $1.8B | $440.4M |
| Q4 25 | $71.6M | $87.6M | ||
| Q3 25 | $125.4M | $92.1M | ||
| Q2 25 | $46.1M | $71.0M | ||
| Q1 25 | $133.6M | $39.5M | ||
| Q4 24 | $65.8M | $113.2M | ||
| Q3 24 | $142.6M | $61.3M | ||
| Q2 24 | $76.5M | $51.9M | ||
| Q1 24 | $168.2M | $31.0M |
| Q4 25 | 35.7% | 21.7% | ||
| Q3 25 | 36.0% | 24.7% | ||
| Q2 25 | 34.0% | 23.3% | ||
| Q1 25 | 32.2% | 22.0% | ||
| Q4 24 | 34.0% | 21.4% | ||
| Q3 24 | 36.1% | 21.9% | ||
| Q2 24 | 33.4% | 19.3% | ||
| Q1 24 | 33.3% | 17.5% |
| Q4 25 | 7.3% | 15.9% | ||
| Q3 25 | 10.8% | 18.2% | ||
| Q2 25 | 5.1% | 17.0% | ||
| Q1 25 | 9.2% | 13.0% | ||
| Q4 24 | 6.8% | 12.5% | ||
| Q3 24 | 12.3% | 14.7% | ||
| Q2 24 | 7.5% | 12.5% | ||
| Q1 24 | 11.4% | 9.6% |
| Q4 25 | 5.2% | 11.6% | ||
| Q3 25 | 7.8% | 13.4% | ||
| Q2 25 | 3.4% | 11.6% | ||
| Q1 25 | 8.0% | 9.2% | ||
| Q4 24 | 4.9% | 22.7% | ||
| Q3 24 | 9.2% | 10.3% | ||
| Q2 24 | 5.6% | 8.9% | ||
| Q1 24 | 9.4% | 7.1% |
| Q4 25 | $1.05 | $2.82 | ||
| Q3 25 | $1.85 | $2.97 | ||
| Q2 25 | $0.68 | $2.31 | ||
| Q1 25 | $1.85 | $1.28 | ||
| Q4 24 | $0.92 | $3.63 | ||
| Q3 24 | $1.95 | $1.97 | ||
| Q2 24 | $1.01 | $1.67 | ||
| Q1 24 | $2.19 | $1.00 |
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 | $390.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $1.1B |
| 总资产 | $5.4B | $2.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $289.5M | $390.7M | ||
| Q3 25 | $300.9M | $306.4M | ||
| Q2 25 | $285.1M | $699.4M | ||
| Q1 25 | $288.9M | $638.6M | ||
| Q4 24 | $296.0M | $664.2M | ||
| Q3 24 | $324.6M | $648.1M | ||
| Q2 24 | $378.1M | $540.0M | ||
| Q1 24 | $347.9M | $480.4M |
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.1B | $1.1B | ||
| Q2 25 | $1.9B | $881.7M | ||
| Q1 25 | $2.0B | $805.4M | ||
| Q4 24 | $2.0B | $808.1M | ||
| Q3 24 | $2.0B | $716.5M | ||
| Q2 24 | $1.9B | $670.7M | ||
| Q1 24 | $2.0B | $644.6M |
| Q4 25 | $5.4B | $2.6B | ||
| Q3 25 | $5.3B | $2.6B | ||
| Q2 25 | $5.2B | $2.2B | ||
| Q1 25 | $4.9B | $2.0B | ||
| Q4 24 | $5.1B | $2.0B | ||
| Q3 24 | $4.9B | $2.0B | ||
| Q2 24 | $4.9B | $2.0B | ||
| Q1 24 | $4.7B | $1.8B |
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 | $186.1M |
| 自由现金流经营现金流 - 资本支出 | $-13.6M | $159.7M |
| 自由现金流率自由现金流/营收 | -1.0% | 21.1% |
| 资本支出强度资本支出/营收 | 4.5% | 3.5% |
| 现金转化率经营现金流/净利润 | 0.68× | 2.12× |
| 过去12个月自由现金流最近4个季度 | $191.4M | $362.7M |
8季度趋势，按日历期对齐
| Q4 25 | $49.0M | $186.1M | ||
| Q3 25 | $78.6M | $83.6M | ||
| Q2 25 | $157.5M | $85.4M | ||
| Q1 25 | $140.2M | $84.9M | ||
| Q4 24 | $96.9M | $174.3M | ||
| Q3 24 | $91.3M | $152.3M | ||
| Q2 24 | $199.7M | $121.0M | ||
| Q1 24 | $234.7M | $49.6M |
| Q4 25 | $-13.6M | $159.7M | ||
| Q3 25 | $21.8M | $64.0M | ||
| Q2 25 | $106.6M | $72.1M | ||
| Q1 25 | $76.4M | $67.0M | ||
| Q4 24 | $34.4M | $158.6M | ||
| Q3 24 | $50.1M | $138.3M | ||
| Q2 24 | $167.4M | $92.1M | ||
| Q1 24 | $178.9M | $27.2M |
| Q4 25 | -1.0% | 21.1% | ||
| Q3 25 | 1.4% | 9.3% | ||
| Q2 25 | 7.9% | 11.7% | ||
| Q1 25 | 4.6% | 15.5% | ||
| Q4 24 | 2.6% | 31.8% | ||
| Q3 24 | 3.2% | 23.3% | ||
| Q2 24 | 12.3% | 15.8% | ||
| Q1 24 | 10.0% | 6.2% |
| Q4 25 | 4.5% | 3.5% | ||
| Q3 25 | 3.5% | 2.9% | ||
| Q2 25 | 3.8% | 2.2% | ||
| Q1 25 | 3.8% | 4.2% | ||
| Q4 24 | 4.6% | 3.1% | ||
| Q3 24 | 2.7% | 2.4% | ||
| Q2 24 | 2.4% | 5.0% | ||
| Q1 24 | 3.1% | 5.1% |
| Q4 25 | 0.68× | 2.12× | ||
| Q3 25 | 0.63× | 0.91× | ||
| Q2 25 | 3.42× | 1.20× | ||
| Q1 25 | 1.05× | 2.15× | ||
| Q4 24 | 1.47× | 1.54× | ||
| Q3 24 | 0.64× | 2.48× | ||
| Q2 24 | 2.61× | 2.33× | ||
| Q1 24 | 1.40× | 1.60× |
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% |
STRL
| Lump Sum | $464.9M | 62% |
| Heavy Highway | $99.6M | 13% |
| Residential Construction | $70.4M | 9% |
| Road And Highway Builders LLC | $52.4M | 7% |
| Other Revenue | $36.6M | 5% |
| Aviation | $16.6M | 2% |
| Commercial | $11.4M | 2% |
| Related Party | $600.0K | 0% |
