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Academy Sports & Outdoors, Inc.（ASO）与Veralto（VLTO）财务数据对比。点击上方公司名可切换其他公司
Veralto的季度营收约是Academy Sports & Outdoors, Inc.的1.0倍（$1.4B vs $1.4B），Veralto净利率更高（17.9% vs 5.2%，领先12.7%），Veralto同比增速更快（6.8% vs 3.0%），Veralto自由现金流更多（$170.0M vs $-13.6M），过去两年Veralto的营收复合增速更高（6.8% 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。
Veralto是总部位于美国马萨诸塞州沃尔瑟姆的科技企业，核心业务覆盖水分析、水处理、标识喷码、包装及色彩管理相关产品的研发与生产，面向全球多领域客户提供适配的技术产品及配套服务。
ASO vs VLTO — 直观对比
营收规模更大
VLTO
是对方的1.0倍
$1.4B
营收增速更快
VLTO
高出3.8%
3.0%
净利率更高
VLTO
高出12.7%
5.2%
自由现金流更多
VLTO
多$183.6M
$-13.6M
两年增速更快
VLTO
近两年复合增速
-12.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $71.6M | $254.0M |
| 毛利率 | 35.7% | 60.1% |
| 营业利润率 | 7.3% | 23.8% |
| 净利率 | 5.2% | 17.9% |
| 营收同比 | 3.0% | 6.8% |
| 净利润同比 | 8.8% | 12.9% |
| 每股收益（稀释后） | $1.05 | $1.02 |
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ASOVLTO
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B |
净利润ASOVLTO
| Q1 26 | — | $254.0M | ||
| Q4 25 | $71.6M | $239.0M | ||
| Q3 25 | $125.4M | $222.0M | ||
| Q2 25 | $46.1M | $225.0M | ||
| Q1 25 | $133.6M | — | ||
| Q4 24 | $65.8M | $227.0M | ||
| Q3 24 | $142.6M | $219.0M | ||
| Q2 24 | $76.5M | $203.0M |
毛利率ASOVLTO
| Q1 26 | — | 60.1% | ||
| Q4 25 | 35.7% | 60.1% | ||
| Q3 25 | 36.0% | 60.0% | ||
| Q2 25 | 34.0% | 60.4% | ||
| Q1 25 | 32.2% | — | ||
| Q4 24 | 34.0% | 59.6% | ||
| Q3 24 | 36.1% | 59.6% | ||
| Q2 24 | 33.4% | 60.1% |
营业利润率ASOVLTO
| Q1 26 | — | 23.8% | ||
| Q4 25 | 7.3% | 23.2% | ||
| Q3 25 | 10.8% | 22.8% | ||
| Q2 25 | 5.1% | 24.2% | ||
| Q1 25 | 9.2% | — | ||
| Q4 24 | 6.8% | 22.9% | ||
| Q3 24 | 12.3% | 23.4% | ||
| Q2 24 | 7.5% | 23.2% |
净利率ASOVLTO
| Q1 26 | — | 17.9% | ||
| Q4 25 | 5.2% | 17.0% | ||
| Q3 25 | 7.8% | 16.2% | ||
| Q2 25 | 3.4% | 16.9% | ||
| Q1 25 | 8.0% | — | ||
| Q4 24 | 4.9% | 16.9% | ||
| Q3 24 | 9.2% | 16.7% | ||
| Q2 24 | 5.6% | 15.8% |
每股收益（稀释后）ASOVLTO
| Q1 26 | — | $1.02 | ||
| Q4 25 | $1.05 | $0.95 | ||
| Q3 25 | $1.85 | $0.89 | ||
| Q2 25 | $0.68 | $0.90 | ||
| Q1 25 | $1.85 | — | ||
| Q4 24 | $0.92 | $0.91 | ||
| Q3 24 | $1.95 | $0.88 | ||
| Q2 24 | $1.01 | $0.81 |
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 | — |
| 总资产 | $5.4B | — |
| 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ASOVLTO
| Q1 26 | — | — | ||
| Q4 25 | $289.5M | $1.8B | ||
| Q3 25 | $300.9M | $1.6B | ||
| Q2 25 | $285.1M | $1.2B | ||
| Q1 25 | $288.9M | — | ||
| Q4 24 | $296.0M | $1.1B | ||
| Q3 24 | $324.6M | $1.3B | ||
| Q2 24 | $378.1M | $1.0B |
总债务ASOVLTO
| Q1 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.6B |
股东权益ASOVLTO
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $2.8B | ||
| Q3 25 | $2.1B | $2.7B | ||
| Q2 25 | $1.9B | $2.3B | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $2.0B | ||
| Q3 24 | $2.0B | $2.0B | ||
| Q2 24 | $1.9B | $1.7B |
总资产ASOVLTO
| Q1 26 | — | — | ||
| Q4 25 | $5.4B | $7.4B | ||
| Q3 25 | $5.3B | $7.2B | ||
| Q2 25 | $5.2B | $6.6B | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.1B | $6.4B | ||
| Q3 24 | $4.9B | $6.3B | ||
| Q2 24 | $4.9B | $5.9B |
负债/权益比ASOVLTO
| Q1 26 | — | — | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | 1.01× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.28× | ||
| Q3 24 | — | 1.35× | ||
| Q2 24 | — | 1.57× |
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 | $182.0M |
| 自由现金流经营现金流 - 资本支出 | $-13.6M | $170.0M |
| 自由现金流率自由现金流/营收 | -1.0% | 12.0% |
| 资本支出强度资本支出/营收 | 4.5% | 0.8% |
| 现金转化率经营现金流/净利润 | 0.68× | 0.72× |
| 过去12个月自由现金流最近4个季度 | $191.4M | $893.0M |
8季度趋势，按日历期对齐
经营现金流ASOVLTO
| Q1 26 | — | $182.0M | ||
| Q4 25 | $49.0M | $270.0M | ||
| Q3 25 | $78.6M | $339.0M | ||
| Q2 25 | $157.5M | $157.0M | ||
| Q1 25 | $140.2M | — | ||
| Q4 24 | $96.9M | $285.0M | ||
| Q3 24 | $91.3M | $224.0M | ||
| Q2 24 | $199.7M | $251.0M |
自由现金流ASOVLTO
| Q1 26 | — | $170.0M | ||
| Q4 25 | $-13.6M | $258.0M | ||
| Q3 25 | $21.8M | $323.0M | ||
| Q2 25 | $106.6M | $142.0M | ||
| Q1 25 | $76.4M | — | ||
| Q4 24 | $34.4M | $263.0M | ||
| Q3 24 | $50.1M | $215.0M | ||
| Q2 24 | $167.4M | $240.0M |
自由现金流率ASOVLTO
| Q1 26 | — | 12.0% | ||
| Q4 25 | -1.0% | 18.4% | ||
| Q3 25 | 1.4% | 23.6% | ||
| Q2 25 | 7.9% | 10.7% | ||
| Q1 25 | 4.6% | — | ||
| Q4 24 | 2.6% | 19.6% | ||
| Q3 24 | 3.2% | 16.4% | ||
| Q2 24 | 12.3% | 18.6% |
资本支出强度ASOVLTO
| Q1 26 | — | 0.8% | ||
| Q4 25 | 4.5% | 0.9% | ||
| Q3 25 | 3.5% | 1.2% | ||
| Q2 25 | 3.8% | 1.1% | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 4.6% | 1.6% | ||
| Q3 24 | 2.7% | 0.7% | ||
| Q2 24 | 2.4% | 0.9% |
现金转化率ASOVLTO
| Q1 26 | — | 0.72× | ||
| Q4 25 | 0.68× | 1.13× | ||
| Q3 25 | 0.63× | 1.53× | ||
| Q2 25 | 3.42× | 0.70× | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 1.47× | 1.26× | ||
| Q3 24 | 0.64× | 1.02× | ||
| Q2 24 | 2.61× | 1.24× |
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% |
VLTO
暂无分部数据
