vs
Blue Bird Corp（BLBD）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
Blue Bird Corp的季度营收约是REPLIGEN CORP的1.7倍（$333.1M vs $197.9M），Blue Bird Corp净利率更高（9.2% vs 6.7%，领先2.5%），REPLIGEN CORP同比增速更快（13.6% vs 6.1%），Blue Bird Corp自由现金流更多（$31.1M vs $17.6M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs -1.9%）
蓝鸟公司是美国知名客车制造企业，总部位于佐治亚州福特瓦利，主打产品为校车，同时业务覆盖多种客车类型的生产，包括城市公交、旅居房车，以及移动图书馆、流动警务指挥中心等特种车辆。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
BLBD vs RGEN — 直观对比
营收规模更大
BLBD
是对方的1.7倍
$197.9M
营收增速更快
RGEN
高出7.5%
6.1%
净利率更高
BLBD
高出2.5%
6.7%
自由现金流更多
BLBD
多$13.6M
$17.6M
两年增速更快
RGEN
近两年复合增速
-1.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $333.1M | $197.9M |
| 净利润 | $30.8M | $13.3M |
| 毛利率 | 21.4% | 52.5% |
| 营业利润率 | 11.3% | 9.0% |
| 净利率 | 9.2% | 6.7% |
| 营收同比 | 6.1% | 13.6% |
| 净利润同比 | 7.1% | 143.9% |
| 每股收益（稀释后） | $0.94 | $0.24 |
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BLBDRGEN
| Q4 25 | $333.1M | $197.9M | ||
| Q3 25 | $409.4M | $188.8M | ||
| Q2 25 | $398.0M | $182.4M | ||
| Q1 25 | $358.9M | $169.2M | ||
| Q4 24 | $313.9M | $174.1M | ||
| Q3 24 | $350.2M | $154.9M | ||
| Q2 24 | $333.4M | $154.1M | ||
| Q1 24 | $345.9M | $151.3M |
净利润BLBDRGEN
| Q4 25 | $30.8M | $13.3M | ||
| Q3 25 | $36.5M | $14.9M | ||
| Q2 25 | $36.5M | $14.9M | ||
| Q1 25 | $26.0M | $5.8M | ||
| Q4 24 | $28.7M | $-30.3M | ||
| Q3 24 | $24.7M | $-654.0K | ||
| Q2 24 | $28.7M | $3.3M | ||
| Q1 24 | $26.0M | $2.1M |
毛利率BLBDRGEN
| Q4 25 | 21.4% | 52.5% | ||
| Q3 25 | 21.1% | 53.2% | ||
| Q2 25 | 21.6% | 50.0% | ||
| Q1 25 | 19.7% | 53.6% | ||
| Q4 24 | 19.2% | 26.1% | ||
| Q3 24 | 17.0% | 50.0% | ||
| Q2 24 | 20.8% | 49.8% | ||
| Q1 24 | 18.4% | 49.5% |
营业利润率BLBDRGEN
| Q4 25 | 11.3% | 9.0% | ||
| Q3 25 | 12.3% | 8.9% | ||
| Q2 25 | 12.6% | 7.6% | ||
| Q1 25 | 9.4% | 3.9% | ||
| Q4 24 | 10.5% | -17.7% | ||
| Q3 24 | 7.3% | -5.1% | ||
| Q2 24 | 11.9% | 1.0% | ||
| Q1 24 | 10.4% | 1.3% |
净利率BLBDRGEN
| Q4 25 | 9.2% | 6.7% | ||
| Q3 25 | 8.9% | 7.9% | ||
| Q2 25 | 9.2% | 8.2% | ||
| Q1 25 | 7.3% | 3.4% | ||
| Q4 24 | 9.2% | -17.4% | ||
| Q3 24 | 7.0% | -0.4% | ||
| Q2 24 | 8.6% | 2.2% | ||
| Q1 24 | 7.5% | 1.4% |
每股收益（稀释后）BLBDRGEN
| Q4 25 | $0.94 | $0.24 | ||
| Q3 25 | $1.11 | $0.26 | ||
| Q2 25 | $1.12 | $0.26 | ||
| Q1 25 | $0.79 | $0.10 | ||
| Q4 24 | $0.86 | $-0.55 | ||
| Q3 24 | $0.71 | $-0.01 | ||
| Q2 24 | $0.85 | $0.06 | ||
| Q1 24 | $0.79 | $0.04 |
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 | $241.7M | $767.6M |
| 总债务越低越好 | — | $542.2M |
| 股东权益账面价值 | $271.4M | $2.1B |
| 总资产 | $642.3M | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资BLBDRGEN
| Q4 25 | $241.7M | $767.6M | ||
| Q3 25 | $229.3M | $748.7M | ||
| Q2 25 | $173.1M | $708.9M | ||
| Q1 25 | $130.7M | $697.2M | ||
| Q4 24 | $136.1M | $757.4M | ||
| Q3 24 | $127.7M | $784.0M | ||
| Q2 24 | $88.4M | $809.1M | ||
| Q1 24 | $93.1M | $780.6M |
总债务BLBDRGEN
| Q4 25 | — | $542.2M | ||
| Q3 25 | — | $537.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BLBDRGEN
| Q4 25 | $271.4M | $2.1B | ||
| Q3 25 | $255.4M | $2.1B | ||
| Q2 25 | $221.8M | $2.1B | ||
| Q1 25 | $190.4M | $2.0B | ||
| Q4 24 | $179.7M | $2.0B | ||
| Q3 24 | $159.6M | $2.0B | ||
| Q2 24 | $137.3M | $2.0B | ||
| Q1 24 | $105.8M | $2.0B |
总资产BLBDRGEN
| Q4 25 | $642.3M | $2.9B | ||
| Q3 25 | $625.3M | $2.9B | ||
| Q2 25 | $575.5M | $2.9B | ||
| Q1 25 | $543.7M | $2.9B | ||
| Q4 24 | $535.2M | $2.8B | ||
| Q3 24 | $524.9M | $2.8B | ||
| Q2 24 | $468.1M | $2.9B | ||
| Q1 24 | $456.5M | $2.8B |
负债/权益比BLBDRGEN
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $36.6M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $17.6M |
| 自由现金流率自由现金流/营收 | 9.3% | 8.9% |
| 资本支出强度资本支出/营收 | 1.6% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.19× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $162.6M | $93.9M |
8季度趋势，按日历期对齐
经营现金流BLBDRGEN
| Q4 25 | $36.6M | $25.7M | ||
| Q3 25 | $65.1M | $48.1M | ||
| Q2 25 | $56.9M | $28.6M | ||
| Q1 25 | $27.8M | $15.0M | ||
| Q4 24 | $26.4M | $39.2M | ||
| Q3 24 | $55.4M | $49.3M | ||
| Q2 24 | $989.0K | $42.2M | ||
| Q1 24 | $54.6M | $44.7M |
自由现金流BLBDRGEN
| Q4 25 | $31.1M | $17.6M | ||
| Q3 25 | $60.5M | $43.4M | ||
| Q2 25 | $52.3M | $21.5M | ||
| Q1 25 | $18.7M | $11.4M | ||
| Q4 24 | $21.8M | $33.6M | ||
| Q3 24 | $50.2M | $42.3M | ||
| Q2 24 | $-3.5M | $37.4M | ||
| Q1 24 | $51.8M | $36.4M |
自由现金流率BLBDRGEN
| Q4 25 | 9.3% | 8.9% | ||
| Q3 25 | 14.8% | 23.0% | ||
| Q2 25 | 13.1% | 11.8% | ||
| Q1 25 | 5.2% | 6.8% | ||
| Q4 24 | 7.0% | 19.3% | ||
| Q3 24 | 14.3% | 27.3% | ||
| Q2 24 | -1.1% | 24.3% | ||
| Q1 24 | 15.0% | 24.0% |
资本支出强度BLBDRGEN
| Q4 25 | 1.6% | 4.1% | ||
| Q3 25 | 1.1% | 2.5% | ||
| Q2 25 | 1.2% | 3.9% | ||
| Q1 25 | 2.5% | 2.1% | ||
| Q4 24 | 1.5% | 3.2% | ||
| Q3 24 | 1.5% | 4.5% | ||
| Q2 24 | 1.3% | 3.1% | ||
| Q1 24 | 0.8% | 5.5% |
现金转化率BLBDRGEN
| Q4 25 | 1.19× | 1.93× | ||
| Q3 25 | 1.78× | 3.23× | ||
| Q2 25 | 1.56× | 1.92× | ||
| Q1 25 | 1.07× | 2.57× | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | 2.24× | — | ||
| Q2 24 | 0.03× | 12.70× | ||
| Q1 24 | 2.10× | 21.35× |
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
BLBD
| Alternative Fuel Buses | $151.4M | 45% |
| Diesel Buses | $144.9M | 43% |
| Parts | $24.8M | 7% |
| Other | $12.1M | 4% |
RGEN
暂无分部数据
