vs
Academy Sports & Outdoors, Inc.（ASO）与凯旋（TFIN）财务数据对比。点击上方公司名可切换其他公司
凯旋的季度营收约是Academy Sports & Outdoors, Inc.的1.7倍（$2.4B vs $1.4B），Academy Sports & Outdoors, Inc.净利率更高（5.2% vs 0.3%，领先4.9%），Academy Sports & Outdoors, Inc.同比增速更快（3.0% vs 2.6%），过去两年凯旋的营收复合增速更高（377.6% 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。
凯旋汽车公司是19至20世纪活跃于英国的汽车与发动机制造企业，品牌起源可追溯到1885年。来自纽伦堡的齐格弗里德·贝特曼在伦敦成立公司，最初从欧洲进口自行车以自有商标销售，次年商标正式定为“凯旋”，1889年开始自主生产自行车。
ASO vs TFIN — 直观对比
营收规模更大
TFIN
是对方的1.7倍
$1.4B
营收增速更快
ASO
高出0.4%
2.6%
净利率更高
ASO
高出4.9%
0.3%
两年增速更快
TFIN
近两年复合增速
-12.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.4B |
| 净利润 | $71.6M | $6.4M |
| 毛利率 | 35.7% | 86.1% |
| 营业利润率 | 7.3% | — |
| 净利率 | 5.2% | 0.3% |
| 营收同比 | 3.0% | 2.6% |
| 净利润同比 | 8.8% | -66.9% |
| 每股收益（稀释后） | $1.05 | $0.23 |
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ASOTFIN
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.4B | $120.1M | ||
| Q3 25 | $1.6B | $109.3M | ||
| Q2 25 | $1.4B | $108.1M | ||
| Q1 25 | $1.7B | $101.6M | ||
| Q4 24 | $1.3B | $103.6M | ||
| Q3 24 | $1.5B | $106.2M | ||
| Q2 24 | $1.4B | $105.1M |
净利润ASOTFIN
| Q1 26 | — | $6.4M | ||
| Q4 25 | $71.6M | — | ||
| Q3 25 | $125.4M | $1.7M | ||
| Q2 25 | $46.1M | $4.4M | ||
| Q1 25 | $133.6M | $17.0K | ||
| Q4 24 | $65.8M | $3.8M | ||
| Q3 24 | $142.6M | $5.3M | ||
| Q2 24 | $76.5M | $2.7M |
毛利率ASOTFIN
| Q1 26 | — | 86.1% | ||
| 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ASOTFIN
| Q1 26 | — | — | ||
| Q4 25 | 7.3% | — | ||
| Q3 25 | 10.8% | 1.2% | ||
| Q2 25 | 5.1% | 7.3% | ||
| Q1 25 | 9.2% | 0.1% | ||
| Q4 24 | 6.8% | 5.6% | ||
| Q3 24 | 12.3% | 5.9% | ||
| Q2 24 | 7.5% | 3.4% |
净利率ASOTFIN
| Q1 26 | — | 0.3% | ||
| Q4 25 | 5.2% | — | ||
| Q3 25 | 7.8% | 1.6% | ||
| Q2 25 | 3.4% | 4.1% | ||
| Q1 25 | 8.0% | 0.0% | ||
| Q4 24 | 4.9% | 3.7% | ||
| Q3 24 | 9.2% | 5.0% | ||
| Q2 24 | 5.6% | 2.6% |
每股收益（稀释后）ASOTFIN
| Q1 26 | — | $0.23 | ||
| Q4 25 | $1.05 | — | ||
| Q3 25 | $1.85 | $0.04 | ||
| Q2 25 | $0.68 | $0.15 | ||
| Q1 25 | $1.85 | $-0.03 | ||
| Q4 24 | $0.92 | $0.13 | ||
| Q3 24 | $1.95 | $0.19 | ||
| Q2 24 | $1.01 | $0.08 |
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 | $950.7M |
| 总资产 | $5.4B | $6.9B |
| 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ASOTFIN
| Q1 26 | — | — | ||
| Q4 25 | $289.5M | $248.5M | ||
| Q3 25 | $300.9M | $147.2M | ||
| Q2 25 | $285.1M | $282.3M | ||
| Q1 25 | $288.9M | $502.9M | ||
| Q4 24 | $296.0M | $330.1M | ||
| Q3 24 | $324.6M | $489.3M | ||
| Q2 24 | $378.1M | $500.7M |
股东权益ASOTFIN
| Q1 26 | — | $950.7M | ||
| Q4 25 | $2.1B | $941.8M | ||
| Q3 25 | $2.1B | $919.3M | ||
| Q2 25 | $1.9B | $912.4M | ||
| Q1 25 | $2.0B | $893.9M | ||
| Q4 24 | $2.0B | $890.9M | ||
| Q3 24 | $2.0B | $885.8M | ||
| Q2 24 | $1.9B | $874.2M |
总资产ASOTFIN
| Q1 26 | — | $6.9B | ||
| Q4 25 | $5.4B | $6.4B | ||
| Q3 25 | $5.3B | $6.4B | ||
| Q2 25 | $5.2B | $6.5B | ||
| Q1 25 | $4.9B | $6.3B | ||
| Q4 24 | $5.1B | $5.9B | ||
| Q3 24 | $4.9B | $5.9B | ||
| Q2 24 | $4.9B | $5.8B |
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 | — |
| 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ASOTFIN
| Q1 26 | — | — | ||
| Q4 25 | $49.0M | $67.1M | ||
| Q3 25 | $78.6M | $24.4M | ||
| Q2 25 | $157.5M | $9.8M | ||
| Q1 25 | $140.2M | $-3.6M | ||
| Q4 24 | $96.9M | $58.5M | ||
| Q3 24 | $91.3M | $26.6M | ||
| Q2 24 | $199.7M | $21.9M |
自由现金流ASOTFIN
| Q1 26 | — | — | ||
| Q4 25 | $-13.6M | — | ||
| Q3 25 | $21.8M | $22.4M | ||
| Q2 25 | $106.6M | $6.8M | ||
| Q1 25 | $76.4M | $-7.9M | ||
| Q4 24 | $34.4M | — | ||
| Q3 24 | $50.1M | $25.8M | ||
| Q2 24 | $167.4M | $-31.9M |
自由现金流率ASOTFIN
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | — | ||
| Q3 25 | 1.4% | 20.5% | ||
| Q2 25 | 7.9% | 6.2% | ||
| Q1 25 | 4.6% | -7.7% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 3.2% | 24.3% | ||
| Q2 24 | 12.3% | -30.3% |
资本支出强度ASOTFIN
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | — | ||
| Q3 25 | 3.5% | 1.8% | ||
| Q2 25 | 3.8% | 2.8% | ||
| Q1 25 | 3.8% | 4.2% | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 2.7% | 0.8% | ||
| Q2 24 | 2.4% | 51.1% |
现金转化率ASOTFIN
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | — | ||
| Q3 25 | 0.63× | 14.29× | ||
| Q2 25 | 3.42× | 2.22× | ||
| Q1 25 | 1.05× | -212.82× | ||
| Q4 24 | 1.47× | 15.25× | ||
| Q3 24 | 0.64× | 4.97× | ||
| Q2 24 | 2.61× | 7.95× |
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% |
TFIN
暂无分部数据
