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AeroVironment Inc（AVAV）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
AeroVironment Inc的季度营收约是RBC Bearings INC的1.0倍（$472.5M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs -3.6%，领先18.2%），AeroVironment Inc同比增速更快（181.9% vs 17.0%），RBC Bearings INC自由现金流更多（$99.1M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 5.6%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
AVAV vs RBC — 直观对比
营收规模更大
AVAV
是对方的1.0倍
$461.6M
营收增速更快
AVAV
高出164.8%
17.0%
净利率更高
RBC
高出18.2%
-3.6%
自由现金流更多
RBC
多$155.0M
$-55.9M
两年增速更快
AVAV
近两年复合增速
5.6%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $461.6M |
| 净利润 | $-17.1M | $67.4M |
| 毛利率 | 22.0% | 44.3% |
| 营业利润率 | -6.4% | 22.3% |
| 净利率 | -3.6% | 14.6% |
| 营收同比 | 181.9% | 17.0% |
| 净利润同比 | -875.1% | 16.4% |
| 每股收益（稀释后） | $-0.34 | $2.13 |
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AVAVRBC
| Q4 25 | $472.5M | $461.6M | ||
| Q3 25 | $454.7M | $455.3M | ||
| Q2 25 | $275.1M | $436.0M | ||
| Q1 25 | $167.6M | $437.7M | ||
| Q4 24 | $188.5M | $394.4M | ||
| Q3 24 | $189.5M | $397.9M | ||
| Q2 24 | $197.0M | $406.3M | ||
| Q1 24 | $186.6M | $413.7M |
净利润AVAVRBC
| Q4 25 | $-17.1M | $67.4M | ||
| Q3 25 | $-67.4M | $60.0M | ||
| Q2 25 | $16.7M | $68.5M | ||
| Q1 25 | $-1.8M | $72.7M | ||
| Q4 24 | $7.5M | $57.9M | ||
| Q3 24 | $21.2M | $54.2M | ||
| Q2 24 | $6.0M | $61.4M | ||
| Q1 24 | $13.9M | — |
毛利率AVAVRBC
| Q4 25 | 22.0% | 44.3% | ||
| Q3 25 | 20.9% | 44.1% | ||
| Q2 25 | 36.5% | 44.8% | ||
| Q1 25 | 37.7% | 44.2% | ||
| Q4 24 | 39.1% | 44.3% | ||
| Q3 24 | 43.0% | 43.7% | ||
| Q2 24 | 38.4% | 45.3% | ||
| Q1 24 | 36.1% | 43.1% |
营业利润率AVAVRBC
| Q4 25 | -6.4% | 22.3% | ||
| Q3 25 | -15.2% | 21.5% | ||
| Q2 25 | 5.0% | 23.2% | ||
| Q1 25 | -1.8% | 23.0% | ||
| Q4 24 | 3.7% | 21.7% | ||
| Q3 24 | 12.2% | 21.6% | ||
| Q2 24 | 3.0% | 24.0% | ||
| Q1 24 | 7.7% | 22.8% |
净利率AVAVRBC
| Q4 25 | -3.6% | 14.6% | ||
| Q3 25 | -14.8% | 13.2% | ||
| Q2 25 | 6.1% | 15.7% | ||
| Q1 25 | -1.0% | 16.6% | ||
| Q4 24 | 4.0% | 14.7% | ||
| Q3 24 | 11.2% | 13.6% | ||
| Q2 24 | 3.1% | 15.1% | ||
| Q1 24 | 7.4% | — |
每股收益（稀释后）AVAVRBC
| Q4 25 | $-0.34 | $2.13 | ||
| Q3 25 | $-1.44 | $1.90 | ||
| Q2 25 | $0.59 | $2.17 | ||
| Q1 25 | $-0.06 | $2.33 | ||
| Q4 24 | $0.27 | $1.82 | ||
| Q3 24 | $0.75 | $1.65 | ||
| Q2 24 | $0.18 | $1.90 | ||
| Q1 24 | $0.50 | $1.92 |
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 | $588.5M | $107.6M |
| 总债务越低越好 | $747.5M | $990.2M |
| 股东权益账面价值 | $4.4B | $3.3B |
| 总资产 | $5.6B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资AVAVRBC
| Q4 25 | $588.5M | $107.6M | ||
| Q3 25 | $685.8M | $91.2M | ||
| Q2 25 | $40.9M | $132.9M | ||
| Q1 25 | $47.0M | $36.8M | ||
| Q4 24 | $69.0M | — | ||
| Q3 24 | $81.2M | — | ||
| Q2 24 | $73.3M | $76.8M | ||
| Q1 24 | $107.7M | $63.5M |
总债务AVAVRBC
| Q4 25 | $747.5M | $990.2M | ||
| Q3 25 | $747.5M | $1.1B | ||
| Q2 25 | $30.0M | $915.6M | ||
| Q1 25 | $25.0M | $920.1M | ||
| Q4 24 | $15.0M | — | ||
| Q3 24 | $17.5M | — | ||
| Q2 24 | $28.0M | — | ||
| Q1 24 | $40.0M | $1.2B |
股东权益AVAVRBC
| Q4 25 | $4.4B | $3.3B | ||
| Q3 25 | $4.4B | $3.2B | ||
| Q2 25 | $886.5M | $3.1B | ||
| Q1 25 | $861.1M | $3.0B | ||
| Q4 24 | $858.4M | $2.9B | ||
| Q3 24 | $845.5M | $2.9B | ||
| Q2 24 | $822.7M | $2.8B | ||
| Q1 24 | $813.0M | $2.8B |
总资产AVAVRBC
| Q4 25 | $5.6B | $5.1B | ||
| Q3 25 | $5.6B | $5.1B | ||
| Q2 25 | $1.1B | $4.8B | ||
| Q1 25 | $1.0B | $4.7B | ||
| Q4 24 | $1.0B | $4.7B | ||
| Q3 24 | $999.2M | $4.7B | ||
| Q2 24 | $1.0B | $4.7B | ||
| Q1 24 | $980.3M | $4.7B |
负债/权益比AVAVRBC
| Q4 25 | 0.17× | 0.30× | ||
| Q3 25 | 0.17× | 0.34× | ||
| Q2 25 | 0.03× | 0.29× | ||
| Q1 25 | 0.03× | 0.30× | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.05× | 0.43× |
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 | $-45.1M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $99.1M |
| 自由现金流率自由现金流/营收 | -11.8% | 21.5% |
| 资本支出强度资本支出/营收 | 2.3% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $-240.7M | — |
8季度趋势，按日历期对齐
经营现金流AVAVRBC
| Q4 25 | $-45.1M | $122.1M | ||
| Q3 25 | $-123.7M | $88.4M | ||
| Q2 25 | $-264.0K | $120.0M | ||
| Q1 25 | $-25.8M | — | ||
| Q4 24 | $-3.6M | $84.0M | ||
| Q3 24 | $28.4M | — | ||
| Q2 24 | $-11.7M | $97.4M | ||
| Q1 24 | $52.6M | — |
自由现金流AVAVRBC
| Q4 25 | $-55.9M | $99.1M | ||
| Q3 25 | $-146.5M | $71.7M | ||
| Q2 25 | $-8.8M | $104.3M | ||
| Q1 25 | $-29.6M | — | ||
| Q4 24 | $-8.7M | $73.6M | ||
| Q3 24 | $22.9M | — | ||
| Q2 24 | $-20.8M | $88.4M | ||
| Q1 24 | $48.8M | — |
自由现金流率AVAVRBC
| Q4 25 | -11.8% | 21.5% | ||
| Q3 25 | -32.2% | 15.7% | ||
| Q2 25 | -3.2% | 23.9% | ||
| Q1 25 | -17.7% | — | ||
| Q4 24 | -4.6% | 18.7% | ||
| Q3 24 | 12.1% | — | ||
| Q2 24 | -10.5% | 21.8% | ||
| Q1 24 | 26.1% | — |
资本支出强度AVAVRBC
| Q4 25 | 2.3% | 5.0% | ||
| Q3 25 | 5.0% | 3.7% | ||
| Q2 25 | 3.1% | 3.6% | ||
| Q1 25 | 2.3% | 3.2% | ||
| Q4 24 | 2.7% | 2.6% | ||
| Q3 24 | 2.9% | 4.1% | ||
| Q2 24 | 4.6% | 2.2% | ||
| Q1 24 | 2.0% | — |
现金转化率AVAVRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | -0.02× | 1.75× | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | 1.45× | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | -1.93× | 1.59× | ||
| Q1 24 | 3.79× | — |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
