vs
American Water Works（AWK）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是American Water Works的1.1倍（$1.4B vs $1.3B），American Water Works净利率更高（18.7% vs -22.3%，领先41.1%），罗布乐思同比增速更快（43.2% vs 5.8%），罗布乐思自由现金流更多（$308.6M vs $-385.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs 12.6%）
American Water Works通过旗下子公司在美国境内提供专业供水与污水处理服务，业务覆盖14个州的约1700个社区，服务约340万活跃用户，客户群体涵盖住宅用户、食品饮料供应商、商业地产开发商与运营商、能源供应商等商业客户、消防服务及工业类客户等。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
AWK vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.1倍
$1.3B
营收增速更快
RBLX
高出37.4%
5.8%
净利率更高
AWK
高出41.1%
-22.3%
自由现金流更多
RBLX
多$693.6M
$-385.0M
两年增速更快
RBLX
近两年复合增速
12.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $238.0M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | 31.9% | -25.3% |
| 净利率 | 18.7% | -22.3% |
| 营收同比 | 5.8% | 43.2% |
| 净利润同比 | -0.4% | -43.9% |
| 每股收益（稀释后） | $1.22 | $-0.44 |
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AWKRBLX
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.1B | $1.0B | ||
| Q4 24 | $1.2B | $988.2M | ||
| Q3 24 | $1.3B | $919.0M | ||
| Q2 24 | $1.1B | $893.5M | ||
| Q1 24 | $1.0B | $801.3M |
净利润AWKRBLX
| Q4 25 | $238.0M | $-316.0M | ||
| Q3 25 | $379.0M | $-255.6M | ||
| Q2 25 | $289.0M | $-278.4M | ||
| Q1 25 | $205.0M | $-215.1M | ||
| Q4 24 | $239.0M | $-219.6M | ||
| Q3 24 | $350.0M | $-239.3M | ||
| Q2 24 | $277.0M | $-205.9M | ||
| Q1 24 | $185.0M | $-270.6M |
毛利率AWKRBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率AWKRBLX
| Q4 25 | 31.9% | -25.3% | ||
| Q3 25 | 42.2% | -21.8% | ||
| Q2 25 | 38.4% | -29.8% | ||
| Q1 25 | 32.7% | -24.6% | ||
| Q4 24 | 33.3% | -24.7% | ||
| Q3 24 | 40.9% | -30.4% | ||
| Q2 24 | 39.4% | -26.6% | ||
| Q1 24 | 32.5% | -37.7% |
净利率AWKRBLX
| Q4 25 | 18.7% | -22.3% | ||
| Q3 25 | 26.1% | -18.8% | ||
| Q2 25 | 22.7% | -25.8% | ||
| Q1 25 | 18.1% | -20.8% | ||
| Q4 24 | 19.9% | -22.2% | ||
| Q3 24 | 26.4% | -26.0% | ||
| Q2 24 | 24.3% | -23.0% | ||
| Q1 24 | 18.4% | -33.8% |
每股收益（稀释后）AWKRBLX
| Q4 25 | $1.22 | $-0.44 | ||
| Q3 25 | $1.94 | $-0.37 | ||
| Q2 25 | $1.48 | $-0.41 | ||
| Q1 25 | $1.05 | $-0.32 | ||
| Q4 24 | $1.22 | $-0.32 | ||
| Q3 24 | $1.80 | $-0.37 | ||
| Q2 24 | $1.42 | $-0.32 | ||
| Q1 24 | $0.95 | $-0.43 |
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 | $98.0M | $3.1B |
| 总债务越低越好 | $12.8B | $1.2B |
| 股东权益账面价值 | $10.8B | $394.5M |
| 总资产 | $35.4B | $9.6B |
| 负债/权益比越低杠杆越低 | 1.18× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资AWKRBLX
| Q4 25 | $98.0M | $3.1B | ||
| Q3 25 | $166.0M | $2.9B | ||
| Q2 25 | $94.0M | $2.6B | ||
| Q1 25 | $114.0M | $2.7B | ||
| Q4 24 | $96.0M | $2.4B | ||
| Q3 24 | $127.0M | $2.3B | ||
| Q2 24 | $48.0M | $2.4B | ||
| Q1 24 | $584.0M | $2.4B |
总债务AWKRBLX
| Q4 25 | $12.8B | $1.2B | ||
| Q3 25 | $13.0B | — | ||
| Q2 25 | $12.3B | — | ||
| Q1 25 | $13.3B | — | ||
| Q4 24 | $12.5B | $1.2B | ||
| Q3 24 | $12.6B | — | ||
| Q2 24 | $12.6B | — | ||
| Q1 24 | $12.6B | — |
股东权益AWKRBLX
| Q4 25 | $10.8B | $394.5M | ||
| Q3 25 | $10.9B | $407.6M | ||
| Q2 25 | $10.7B | $353.2M | ||
| Q1 25 | $10.5B | $310.7M | ||
| Q4 24 | $10.3B | $221.4M | ||
| Q3 24 | $10.4B | $189.9M | ||
| Q2 24 | $10.2B | $121.5M | ||
| Q1 24 | $10.0B | $71.6M |
总资产AWKRBLX
| Q4 25 | $35.4B | $9.6B | ||
| Q3 25 | $34.7B | $8.6B | ||
| Q2 25 | $33.9B | $7.8B | ||
| Q1 25 | $33.2B | $7.5B | ||
| Q4 24 | $32.8B | $7.2B | ||
| Q3 24 | $31.8B | $6.7B | ||
| Q2 24 | $31.2B | $6.5B | ||
| Q1 24 | $31.1B | $6.3B |
负债/权益比AWKRBLX
| Q4 25 | 1.18× | 2.98× | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 1.21× | 5.48× | ||
| Q3 24 | 1.21× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.26× | — |
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 | $663.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $-385.0M | $308.6M |
| 自由现金流率自由现金流/营收 | -30.3% | 21.8% |
| 资本支出强度资本支出/营收 | 82.5% | 21.1% |
| 现金转化率经营现金流/净利润 | 2.79× | — |
| 过去12个月自由现金流最近4个季度 | $-1.1B | $1.4B |
8季度趋势，按日历期对齐
经营现金流AWKRBLX
| Q4 25 | $663.0M | $607.0M | ||
| Q3 25 | $764.0M | $546.2M | ||
| Q2 25 | $301.0M | $199.3M | ||
| Q1 25 | $331.0M | $443.9M | ||
| Q4 24 | $639.0M | $184.5M | ||
| Q3 24 | $679.0M | $247.4M | ||
| Q2 24 | $345.0M | $151.4M | ||
| Q1 24 | $382.0M | $238.9M |
自由现金流AWKRBLX
| Q4 25 | $-385.0M | $308.6M | ||
| Q3 25 | $-33.0M | $443.6M | ||
| Q2 25 | $-432.0M | $176.7M | ||
| Q1 25 | $-217.0M | $426.5M | ||
| Q4 24 | $-255.0M | $120.6M | ||
| Q3 24 | $-4.0M | $218.0M | ||
| Q2 24 | $-325.0M | $111.7M | ||
| Q1 24 | $-227.0M | $192.3M |
自由现金流率AWKRBLX
| Q4 25 | -30.3% | 21.8% | ||
| Q3 25 | -2.3% | 32.6% | ||
| Q2 25 | -34.0% | 16.3% | ||
| Q1 25 | -19.1% | 41.2% | ||
| Q4 24 | -21.2% | 12.2% | ||
| Q3 24 | -0.3% | 23.7% | ||
| Q2 24 | -28.5% | 12.5% | ||
| Q1 24 | -22.6% | 24.0% |
资本支出强度AWKRBLX
| Q4 25 | 82.5% | 21.1% | ||
| Q3 25 | 54.8% | 7.5% | ||
| Q2 25 | 57.6% | 2.1% | ||
| Q1 25 | 48.3% | 1.7% | ||
| Q4 24 | 74.4% | 6.5% | ||
| Q3 24 | 51.4% | 3.2% | ||
| Q2 24 | 58.8% | 4.4% | ||
| Q1 24 | 60.7% | 5.8% |
现金转化率AWKRBLX
| Q4 25 | 2.79× | — | ||
| Q3 25 | 2.02× | — | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | 1.61× | — | ||
| Q4 24 | 2.67× | — | ||
| Q3 24 | 1.94× | — | ||
| Q2 24 | 1.25× | — | ||
| Q1 24 | 2.06× | — |
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
AWK
| Water Services | $1.0B | 81% |
| Other | $127.0M | 10% |
| Wastewater Services | $101.0M | 8% |
| Miscellaneous Utility Charge | $11.0M | 1% |
RBLX
暂无分部数据
