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AeroVironment Inc（AVAV）与RAYONIER ADVANCED MATERIALS INC.（RYAM）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RAYONIER ADVANCED MATERIALS INC.的1.1倍（$472.5M vs $417.5M），AeroVironment Inc净利率更高（-3.6% vs -5.0%，领先1.4%），AeroVironment Inc同比增速更快（181.9% vs -1.2%），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 3.8%）
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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
AVAV vs RYAM — 直观对比
营收规模更大
AVAV
是对方的1.1倍
$417.5M
营收增速更快
AVAV
高出183.0%
-1.2%
净利率更高
AVAV
高出1.4%
-5.0%
两年增速更快
AVAV
近两年复合增速
3.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $417.5M |
| 净利润 | $-17.1M | $-21.1M |
| 毛利率 | 22.0% | 8.9% |
| 营业利润率 | -6.4% | 2.6% |
| 净利率 | -3.6% | -5.0% |
| 营收同比 | 181.9% | -1.2% |
| 净利润同比 | -875.1% | -31.9% |
| 每股收益（稀释后） | $-0.34 | $-0.33 |
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AVAVRYAM
| Q4 25 | $472.5M | $417.5M | ||
| Q3 25 | $454.7M | $352.8M | ||
| Q2 25 | $275.1M | $340.0M | ||
| Q1 25 | $167.6M | $356.0M | ||
| Q4 24 | $188.5M | $422.5M | ||
| Q3 24 | $189.5M | $401.1M | ||
| Q2 24 | $197.0M | $419.0M | ||
| Q1 24 | $186.6M | $387.7M |
净利润AVAVRYAM
| Q4 25 | $-17.1M | $-21.1M | ||
| Q3 25 | $-67.4M | $-4.5M | ||
| Q2 25 | $16.7M | $-363.2M | ||
| Q1 25 | $-1.8M | $-32.0M | ||
| Q4 24 | $7.5M | $-16.0M | ||
| Q3 24 | $21.2M | $-32.6M | ||
| Q2 24 | $6.0M | $11.4M | ||
| Q1 24 | $13.9M | $-1.6M |
毛利率AVAVRYAM
| Q4 25 | 22.0% | 8.9% | ||
| Q3 25 | 20.9% | 9.7% | ||
| Q2 25 | 36.5% | 7.0% | ||
| Q1 25 | 37.7% | 6.8% | ||
| Q4 24 | 39.1% | 8.7% | ||
| Q3 24 | 43.0% | 10.9% | ||
| Q2 24 | 38.4% | 11.5% | ||
| Q1 24 | 36.1% | 9.5% |
营业利润率AVAVRYAM
| Q4 25 | -6.4% | 2.6% | ||
| Q3 25 | -15.2% | 2.8% | ||
| Q2 25 | 5.0% | -0.4% | ||
| Q1 25 | -1.8% | -4.2% | ||
| Q4 24 | 3.7% | 2.6% | ||
| Q3 24 | 12.2% | -4.2% | ||
| Q2 24 | 3.0% | 6.7% | ||
| Q1 24 | 7.7% | 4.4% |
净利率AVAVRYAM
| Q4 25 | -3.6% | -5.0% | ||
| Q3 25 | -14.8% | -1.3% | ||
| Q2 25 | 6.1% | -106.8% | ||
| Q1 25 | -1.0% | -9.0% | ||
| Q4 24 | 4.0% | -3.8% | ||
| Q3 24 | 11.2% | -8.1% | ||
| Q2 24 | 3.1% | 2.7% | ||
| Q1 24 | 7.4% | -0.4% |
每股收益（稀释后）AVAVRYAM
| Q4 25 | $-0.34 | $-0.33 | ||
| Q3 25 | $-1.44 | $-0.07 | ||
| Q2 25 | $0.59 | $-5.44 | ||
| Q1 25 | $-0.06 | $-0.49 | ||
| Q4 24 | $0.27 | $-0.25 | ||
| Q3 24 | $0.75 | $-0.49 | ||
| Q2 24 | $0.18 | $0.17 | ||
| Q1 24 | $0.50 | $-0.02 |
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 | $75.4M |
| 总债务越低越好 | $747.5M | $758.1M |
| 股东权益账面价值 | $4.4B | $316.6M |
| 总资产 | $5.6B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.17× | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资AVAVRYAM
| Q4 25 | $588.5M | $75.4M | ||
| Q3 25 | $685.8M | $77.0M | ||
| Q2 25 | $40.9M | $70.7M | ||
| Q1 25 | $47.0M | $129.9M | ||
| Q4 24 | $69.0M | $125.2M | ||
| Q3 24 | $81.2M | $136.1M | ||
| Q2 24 | $73.3M | $114.1M | ||
| Q1 24 | $107.7M | $54.6M |
总债务AVAVRYAM
| Q4 25 | $747.5M | $758.1M | ||
| Q3 25 | $747.5M | $763.5M | ||
| Q2 25 | $30.0M | $720.4M | ||
| Q1 25 | $25.0M | $707.0M | ||
| Q4 24 | $15.0M | $706.4M | ||
| Q3 24 | $17.5M | $747.7M | ||
| Q2 24 | $28.0M | $752.8M | ||
| Q1 24 | $40.0M | $755.6M |
股东权益AVAVRYAM
| Q4 25 | $4.4B | $316.6M | ||
| Q3 25 | $4.4B | $338.2M | ||
| Q2 25 | $886.5M | $342.3M | ||
| Q1 25 | $861.1M | $688.1M | ||
| Q4 24 | $858.4M | $713.9M | ||
| Q3 24 | $845.5M | $732.7M | ||
| Q2 24 | $822.7M | $755.1M | ||
| Q1 24 | $813.0M | $741.8M |
总资产AVAVRYAM
| Q4 25 | $5.6B | $1.8B | ||
| Q3 25 | $5.6B | $1.8B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $1.0B | $2.1B | ||
| Q3 24 | $999.2M | $2.2B | ||
| Q2 24 | $1.0B | $2.2B | ||
| Q1 24 | $980.3M | $2.1B |
负债/权益比AVAVRYAM
| Q4 25 | 0.17× | 2.39× | ||
| Q3 25 | 0.17× | 2.26× | ||
| Q2 25 | 0.03× | 2.10× | ||
| Q1 25 | 0.03× | 1.03× | ||
| Q4 24 | 0.02× | 0.99× | ||
| Q3 24 | 0.02× | 1.02× | ||
| Q2 24 | 0.03× | 1.00× | ||
| Q1 24 | 0.05× | 1.02× |
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 | $32.3M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | — |
| 自由现金流率自由现金流/营收 | -11.8% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 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AVAVRYAM
| Q4 25 | $-45.1M | $32.3M | ||
| Q3 25 | $-123.7M | $-17.8M | ||
| Q2 25 | $-264.0K | $-30.2M | ||
| Q1 25 | $-25.8M | $39.6M | ||
| Q4 24 | $-3.6M | $54.9M | ||
| Q3 24 | $28.4M | $49.8M | ||
| Q2 24 | $-11.7M | $87.6M | ||
| Q1 24 | $52.6M | $11.3M |
自由现金流AVAVRYAM
| Q4 25 | $-55.9M | — | ||
| Q3 25 | $-146.5M | — | ||
| Q2 25 | $-8.8M | — | ||
| Q1 25 | $-29.6M | — | ||
| Q4 24 | $-8.7M | — | ||
| Q3 24 | $22.9M | — | ||
| Q2 24 | $-20.8M | — | ||
| Q1 24 | $48.8M | — |
自由现金流率AVAVRYAM
| Q4 25 | -11.8% | — | ||
| Q3 25 | -32.2% | — | ||
| Q2 25 | -3.2% | — | ||
| Q1 25 | -17.7% | — | ||
| Q4 24 | -4.6% | — | ||
| Q3 24 | 12.1% | — | ||
| Q2 24 | -10.5% | — | ||
| Q1 24 | 26.1% | — |
资本支出强度AVAVRYAM
| Q4 25 | 2.3% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 4.6% | — | ||
| Q1 24 | 2.0% | — |
现金转化率AVAVRYAM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | -1.93× | 7.69× | ||
| 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% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
