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艾仕得（AXTA）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
艾仕得的季度营收约是Sunrun Inc.的4.4倍（$5.1B vs $1.2B），Sunrun Inc.净利率更高（8.9% vs 1.8%，领先7.2%），Sunrun Inc.同比增速更快（123.5% vs -0.6%），过去两年艾仕得的营收复合增速更高（94.5% vs 59.0%）
艾仕得是源自美国的专业涂料供应商，总部位于宾夕法尼亚州费城，注册地为百慕大。公司主营乘用车、商用车、工业场景及修补用途涂料的研发与生产，业务覆盖全球130个国家，拥有近1.3万名员工，服务超10万家客户。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
AXTA vs RUN — 直观对比
营收规模更大
AXTA
是对方的4.4倍
$1.2B
营收增速更快
RUN
高出124.1%
-0.6%
净利率更高
RUN
高出7.2%
1.8%
两年增速更快
AXTA
近两年复合增速
59.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.1B | $1.2B |
| 净利润 | $91.0M | $103.6M |
| 毛利率 | 83.6% | — |
| 营业利润率 | 2.9% | 8.4% |
| 净利率 | 1.8% | 8.9% |
| 营收同比 | -0.6% | 123.5% |
| 净利润同比 | -9.1% | 103.7% |
| 每股收益（稀释后） | $0.42 | $0.38 |
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AXTARUN
| Q1 26 | $5.1B | — | ||
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $724.6M | ||
| Q2 25 | $1.3B | $569.3M | ||
| Q1 25 | $1.3B | $504.3M | ||
| Q4 24 | $1.3B | $518.5M | ||
| Q3 24 | $1.3B | $537.2M | ||
| Q2 24 | $1.4B | $523.9M |
净利润AXTARUN
| Q1 26 | $91.0M | — | ||
| Q4 25 | $60.0M | $103.6M | ||
| Q3 25 | $110.0M | $16.6M | ||
| Q2 25 | $109.0M | $279.8M | ||
| Q1 25 | $99.0M | $50.0M | ||
| Q4 24 | $137.0M | $-2.8B | ||
| Q3 24 | $101.0M | $-83.8M | ||
| Q2 24 | $112.0M | $139.1M |
毛利率AXTARUN
| Q1 26 | 83.6% | — | ||
| Q4 25 | 33.4% | — | ||
| Q3 25 | 34.9% | — | ||
| Q2 25 | 35.0% | — | ||
| Q1 25 | 34.3% | — | ||
| Q4 24 | 34.1% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 34.0% | — |
营业利润率AXTARUN
| Q1 26 | 2.9% | — | ||
| Q4 25 | 12.8% | 8.4% | ||
| Q3 25 | 15.8% | 0.5% | ||
| Q2 25 | 14.8% | -19.7% | ||
| Q1 25 | 13.9% | -22.8% | ||
| Q4 24 | 14.3% | -628.0% | ||
| Q3 24 | 14.6% | -23.8% | ||
| Q2 24 | 15.2% | -24.4% |
净利率AXTARUN
| Q1 26 | 1.8% | — | ||
| Q4 25 | 4.8% | 8.9% | ||
| Q3 25 | 8.5% | 2.3% | ||
| Q2 25 | 8.4% | 49.1% | ||
| Q1 25 | 7.8% | 9.9% | ||
| Q4 24 | 10.5% | -542.7% | ||
| Q3 24 | 7.7% | -15.6% | ||
| Q2 24 | 8.3% | 26.5% |
每股收益（稀释后）AXTARUN
| Q1 26 | $0.42 | — | ||
| Q4 25 | $0.28 | $0.38 | ||
| Q3 25 | $0.51 | $0.06 | ||
| Q2 25 | $0.50 | $1.07 | ||
| Q1 25 | $0.45 | $0.20 | ||
| Q4 24 | $0.63 | $-12.59 | ||
| Q3 24 | $0.46 | $-0.37 | ||
| Q2 24 | $0.51 | $0.55 |
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 | $608.0M | — |
| 总债务越低越好 | $3.1B | $14.7B |
| 股东权益账面价值 | $2.5B | $3.1B |
| 总资产 | $7.6B | $22.6B |
| 负债/权益比越低杠杆越低 | 1.27× | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资AXTARUN
| Q1 26 | $608.0M | — | ||
| Q4 25 | $657.0M | — | ||
| Q3 25 | $606.0M | — | ||
| Q2 25 | $625.0M | — | ||
| Q1 25 | $575.0M | — | ||
| Q4 24 | $593.0M | — | ||
| Q3 24 | $567.0M | — | ||
| Q2 24 | $840.0M | — |
总债务AXTARUN
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.2B | $14.7B | ||
| Q3 25 | $3.4B | $14.6B | ||
| Q2 25 | $3.4B | $14.0B | ||
| Q1 25 | $3.4B | $13.6B | ||
| Q4 24 | $3.4B | $12.9B | ||
| Q3 24 | $3.5B | $12.5B | ||
| Q2 24 | $3.6B | $12.0B |
股东权益AXTARUN
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.3B | $3.1B | ||
| Q3 25 | $2.3B | $3.0B | ||
| Q2 25 | $2.3B | $2.9B | ||
| Q1 25 | $2.1B | $2.6B | ||
| Q4 24 | $1.9B | $2.6B | ||
| Q3 24 | $1.9B | $5.3B | ||
| Q2 24 | $1.8B | $5.4B |
总资产AXTARUN
| Q1 26 | $7.6B | — | ||
| Q4 25 | $7.6B | $22.6B | ||
| Q3 25 | $7.8B | $22.2B | ||
| Q2 25 | $7.8B | $21.2B | ||
| Q1 25 | $7.4B | $20.4B | ||
| Q4 24 | $7.2B | $19.9B | ||
| Q3 24 | $7.5B | $22.1B | ||
| Q2 24 | $7.3B | $21.4B |
负债/权益比AXTARUN
| Q1 26 | 1.27× | — | ||
| Q4 25 | 1.36× | 4.69× | ||
| Q3 25 | 1.48× | 4.90× | ||
| Q2 25 | 1.50× | 4.80× | ||
| Q1 25 | 1.64× | 5.19× | ||
| Q4 24 | 1.78× | 5.05× | ||
| Q3 24 | 1.84× | 2.36× | ||
| Q2 24 | 2.02× | 2.23× |
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 | — | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $21.0M | — |
| 自由现金流率自由现金流/营收 | 0.4% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 过去12个月自由现金流最近4个季度 | $491.0M | — |
8季度趋势，按日历期对齐
经营现金流AXTARUN
| Q1 26 | — | — | ||
| Q4 25 | $344.0M | $96.9M | ||
| Q3 25 | $137.0M | $-121.5M | ||
| Q2 25 | $142.0M | $-292.7M | ||
| Q1 25 | $26.0M | $-104.2M | ||
| Q4 24 | $234.0M | $-258.4M | ||
| Q3 24 | $194.0M | $-156.2M | ||
| Q2 24 | $114.0M | $-208.5M |
自由现金流AXTARUN
| Q1 26 | $21.0M | — | ||
| Q4 25 | $286.0M | — | ||
| Q3 25 | $87.0M | — | ||
| Q2 25 | $97.0M | — | ||
| Q1 25 | $-17.0M | — | ||
| Q4 24 | $172.0M | — | ||
| Q3 24 | $161.0M | $-156.4M | ||
| Q2 24 | $91.0M | — |
自由现金流率AXTARUN
| Q1 26 | 0.4% | — | ||
| Q4 25 | 22.7% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 7.4% | — | ||
| Q1 25 | -1.3% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 12.2% | -29.1% | ||
| Q2 24 | 6.7% | — |
资本支出强度AXTARUN
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 2.5% | 0.0% | ||
| Q2 24 | 1.7% | — |
现金转化率AXTARUN
| Q1 26 | — | — | ||
| Q4 25 | 5.73× | 0.94× | ||
| Q3 25 | 1.25× | -7.33× | ||
| Q2 25 | 1.30× | -1.05× | ||
| Q1 25 | 0.26× | -2.08× | ||
| Q4 24 | 1.71× | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 1.02× | -1.50× |
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
AXTA
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
