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AeroVironment Inc（AVAV）与Worthington Steel, Inc.（WS）财务数据对比。点击上方公司名可切换其他公司
Worthington Steel, Inc.的季度营收约是AeroVironment Inc的1.8倍（$871.9M vs $472.5M），Worthington Steel, Inc.净利率更高（2.2% vs -3.6%，领先5.8%），AeroVironment Inc同比增速更快（181.9% vs 18.0%），Worthington Steel, Inc.自由现金流更多（$74.6M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 3.9%）
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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
AVAV vs WS — 直观对比
营收规模更大
WS
是对方的1.8倍
$472.5M
营收增速更快
AVAV
高出163.9%
18.0%
净利率更高
WS
高出5.8%
-3.6%
自由现金流更多
WS
多$130.5M
$-55.9M
两年增速更快
AVAV
近两年复合增速
3.9%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $871.9M |
| 净利润 | $-17.1M | $18.8M |
| 毛利率 | 22.0% | 10.7% |
| 营业利润率 | -6.4% | 2.5% |
| 净利率 | -3.6% | 2.2% |
| 营收同比 | 181.9% | 18.0% |
| 净利润同比 | -875.1% | 46.9% |
| 每股收益（稀释后） | $-0.34 | $0.37 |
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AVAVWS
| Q4 25 | $472.5M | $871.9M | ||
| Q3 25 | $454.7M | $872.9M | ||
| Q2 25 | $275.1M | $832.9M | ||
| Q1 25 | $167.6M | $687.4M | ||
| Q4 24 | $188.5M | $739.0M | ||
| Q3 24 | $189.5M | $834.0M | ||
| Q2 24 | $197.0M | — | ||
| Q1 24 | $186.6M | $805.8M |
净利润AVAVWS
| Q4 25 | $-17.1M | $18.8M | ||
| Q3 25 | $-67.4M | $36.8M | ||
| Q2 25 | $16.7M | $55.7M | ||
| Q1 25 | $-1.8M | $13.8M | ||
| Q4 24 | $7.5M | $12.8M | ||
| Q3 24 | $21.2M | $28.4M | ||
| Q2 24 | $6.0M | — | ||
| Q1 24 | $13.9M | $49.0M |
毛利率AVAVWS
| Q4 25 | 22.0% | 10.7% | ||
| Q3 25 | 20.9% | 13.2% | ||
| Q2 25 | 36.5% | 15.2% | ||
| Q1 25 | 37.7% | 11.8% | ||
| Q4 24 | 39.1% | 10.8% | ||
| Q3 24 | 43.0% | 12.0% | ||
| Q2 24 | 38.4% | — | ||
| Q1 24 | 36.1% | 14.9% |
营业利润率AVAVWS
| Q4 25 | -6.4% | 2.5% | ||
| Q3 25 | -15.2% | 5.5% | ||
| Q2 25 | 5.0% | 8.0% | ||
| Q1 25 | -1.8% | 2.7% | ||
| Q4 24 | 3.7% | 2.6% | ||
| Q3 24 | 12.2% | 5.2% | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 7.7% | 8.2% |
净利率AVAVWS
| Q4 25 | -3.6% | 2.2% | ||
| Q3 25 | -14.8% | 4.2% | ||
| Q2 25 | 6.1% | 6.7% | ||
| Q1 25 | -1.0% | 2.0% | ||
| Q4 24 | 4.0% | 1.7% | ||
| Q3 24 | 11.2% | 3.4% | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 7.4% | 6.1% |
每股收益（稀释后）AVAVWS
| Q4 25 | $-0.34 | $0.37 | ||
| Q3 25 | $-1.44 | $0.72 | ||
| Q2 25 | $0.59 | $1.11 | ||
| Q1 25 | $-0.06 | $0.27 | ||
| Q4 24 | $0.27 | $0.25 | ||
| Q3 24 | $0.75 | $0.56 | ||
| Q2 24 | $0.18 | — | ||
| Q1 24 | $0.50 | $0.98 |
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 | $89.8M |
| 总债务越低越好 | $747.5M | $72.1M |
| 股东权益账面价值 | $4.4B | $1.1B |
| 总资产 | $5.6B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资AVAVWS
| Q4 25 | $588.5M | $89.8M | ||
| Q3 25 | $685.8M | $78.3M | ||
| Q2 25 | $40.9M | $38.0M | ||
| Q1 25 | $47.0M | $63.3M | ||
| Q4 24 | $69.0M | $52.0M | ||
| Q3 24 | $81.2M | $36.0M | ||
| Q2 24 | $73.3M | — | ||
| Q1 24 | $107.7M | $60.8M |
总债务AVAVWS
| Q4 25 | $747.5M | $72.1M | ||
| Q3 25 | $747.5M | $73.4M | ||
| Q2 25 | $30.0M | $151.5M | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $15.0M | $115.0M | ||
| Q3 24 | $17.5M | $122.2M | ||
| Q2 24 | $28.0M | — | ||
| Q1 24 | $40.0M | $147.2M |
股东权益AVAVWS
| Q4 25 | $4.4B | $1.1B | ||
| Q3 25 | $4.4B | $1.1B | ||
| Q2 25 | $886.5M | $1.1B | ||
| Q1 25 | $861.1M | $1.0B | ||
| Q4 24 | $858.4M | $1.0B | ||
| Q3 24 | $845.5M | $1.0B | ||
| Q2 24 | $822.7M | — | ||
| Q1 24 | $813.0M | $937.6M |
总资产AVAVWS
| Q4 25 | $5.6B | $2.1B | ||
| Q3 25 | $5.6B | $2.2B | ||
| Q2 25 | $1.1B | $2.0B | ||
| Q1 25 | $1.0B | $1.8B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $999.2M | $1.8B | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $980.3M | $1.8B |
负债/权益比AVAVWS
| Q4 25 | 0.17× | 0.06× | ||
| Q3 25 | 0.17× | 0.07× | ||
| Q2 25 | 0.03× | 0.14× | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.02× | 0.11× | ||
| Q3 24 | 0.02× | 0.12× | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.05× | 0.16× |
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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $74.6M |
| 自由现金流率自由现金流/营收 | -11.8% | 8.6% |
| 资本支出强度资本支出/营收 | 2.3% | 2.8% |
| 现金转化率经营现金流/净利润 | — | 5.28× |
| 过去12个月自由现金流最近4个季度 | $-240.7M | $72.5M |
8季度趋势，按日历期对齐
经营现金流AVAVWS
| Q4 25 | $-45.1M | $99.3M | ||
| Q3 25 | $-123.7M | $-6.3M | ||
| Q2 25 | $-264.0K | $53.9M | ||
| Q1 25 | $-25.8M | $53.8M | ||
| Q4 24 | $-3.6M | $68.0M | ||
| Q3 24 | $28.4M | $54.6M | ||
| Q2 24 | $-11.7M | — | ||
| Q1 24 | $52.6M | $44.7M |
自由现金流AVAVWS
| Q4 25 | $-55.9M | $74.6M | ||
| Q3 25 | $-146.5M | $-35.7M | ||
| Q2 25 | $-8.8M | $8.4M | ||
| Q1 25 | $-29.6M | $25.2M | ||
| Q4 24 | $-8.7M | $33.2M | ||
| Q3 24 | $22.9M | $33.1M | ||
| Q2 24 | $-20.8M | — | ||
| Q1 24 | $48.8M | $22.3M |
自由现金流率AVAVWS
| Q4 25 | -11.8% | 8.6% | ||
| Q3 25 | -32.2% | -4.1% | ||
| Q2 25 | -3.2% | 1.0% | ||
| Q1 25 | -17.7% | 3.7% | ||
| Q4 24 | -4.6% | 4.5% | ||
| Q3 24 | 12.1% | 4.0% | ||
| Q2 24 | -10.5% | — | ||
| Q1 24 | 26.1% | 2.8% |
资本支出强度AVAVWS
| Q4 25 | 2.3% | 2.8% | ||
| Q3 25 | 5.0% | 3.4% | ||
| Q2 25 | 3.1% | 5.5% | ||
| Q1 25 | 2.3% | 4.2% | ||
| Q4 24 | 2.7% | 4.7% | ||
| Q3 24 | 2.9% | 2.6% | ||
| Q2 24 | 4.6% | — | ||
| Q1 24 | 2.0% | 2.8% |
现金转化率AVAVWS
| Q4 25 | — | 5.28× | ||
| Q3 25 | — | -0.17× | ||
| Q2 25 | -0.02× | 0.97× | ||
| Q1 25 | — | 3.90× | ||
| Q4 24 | -0.48× | 5.31× | ||
| Q3 24 | 1.34× | 1.92× | ||
| Q2 24 | -1.93× | — | ||
| Q1 24 | 3.79× | 0.91× |
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% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
