vs
CrossAmerica Partners LP（CAPL）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是CrossAmerica Partners LP的1.5倍（$1.3B vs $866.3M），CrossAmerica Partners LP净利率更高（1.2% vs -63.1%，领先64.2%），CrossAmerica Partners LP同比增速更快（-8.3% vs -25.8%），CrossAmerica Partners LP自由现金流更多（$22.4M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -4.1%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
CAPL vs RIVN — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $1.3B |
| 净利润 | $10.2M | $-811.0M |
| 毛利率 | 12.4% | 9.3% |
| 营业利润率 | 3.0% | -64.8% |
| 净利率 | 1.2% | -63.1% |
| 营收同比 | -8.3% | -25.8% |
| 净利润同比 | -39.6% | -9.0% |
| 每股收益（稀释后） | $0.24 | $-0.66 |
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
| Q4 25 | $866.3M | $1.3B | ||
| Q3 25 | $971.8M | $1.6B | ||
| Q2 25 | $961.9M | $1.3B | ||
| Q1 25 | $862.5M | $1.2B | ||
| Q4 24 | $944.2M | $1.7B | ||
| Q3 24 | $1.1B | $874.0M | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $941.5M | $1.2B |
| Q4 25 | $10.2M | $-811.0M | ||
| Q3 25 | $13.6M | $-1.2B | ||
| Q2 25 | $25.2M | $-1.1B | ||
| Q1 25 | $-7.1M | $-545.0M | ||
| Q4 24 | $16.9M | $-744.0M | ||
| Q3 24 | $10.7M | $-1.1B | ||
| Q2 24 | $12.4M | $-1.5B | ||
| Q1 24 | $-17.5M | $-1.4B |
| Q4 25 | 12.4% | 9.3% | ||
| Q3 25 | 10.8% | 1.5% | ||
| Q2 25 | 10.5% | -15.8% | ||
| Q1 25 | 10.4% | 16.6% | ||
| Q4 24 | 10.7% | 9.8% | ||
| Q3 24 | 10.3% | -44.9% | ||
| Q2 24 | 9.2% | -38.9% | ||
| Q1 24 | 8.6% | -43.8% |
| Q4 25 | 3.0% | -64.8% | ||
| Q3 25 | 2.9% | -63.1% | ||
| Q2 25 | 4.3% | -85.5% | ||
| Q1 25 | 0.2% | -52.8% | ||
| Q4 24 | 3.0% | -38.1% | ||
| Q3 24 | 2.5% | -133.8% | ||
| Q2 24 | 2.5% | -118.7% | ||
| Q1 24 | -1.4% | -123.3% |
| Q4 25 | 1.2% | -63.1% | ||
| Q3 25 | 1.4% | -75.3% | ||
| Q2 25 | 2.6% | -85.7% | ||
| Q1 25 | -0.8% | -44.0% | ||
| Q4 24 | 1.8% | -42.9% | ||
| Q3 24 | 1.0% | -125.9% | ||
| Q2 24 | 1.1% | -125.8% | ||
| Q1 24 | -1.9% | -120.1% |
| Q4 25 | $0.24 | $-0.66 | ||
| Q3 25 | $0.34 | $-0.96 | ||
| Q2 25 | $0.64 | $-0.97 | ||
| Q1 25 | $-0.20 | $-0.48 | ||
| Q4 24 | $0.42 | $-0.67 | ||
| Q3 24 | $0.27 | $-1.08 | ||
| Q2 24 | $0.31 | $-1.46 | ||
| Q1 24 | $-0.48 | $-1.48 |
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 | $3.1M | $6.1B |
| 总债务越低越好 | $687.2M | — |
| 股东权益账面价值 | — | $4.6B |
| 总资产 | $964.7M | $14.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $3.1M | $6.1B | ||
| Q3 25 | $5.8M | $7.1B | ||
| Q2 25 | $9.7M | $7.5B | ||
| Q1 25 | $6.7M | $7.2B | ||
| Q4 24 | $3.4M | $7.7B | ||
| Q3 24 | $7.8M | $6.7B | ||
| Q2 24 | $5.5M | $7.9B | ||
| Q1 24 | $6.3M | $7.9B |
| Q4 25 | $687.2M | — | ||
| Q3 25 | $700.8M | — | ||
| Q2 25 | $722.7M | — | ||
| Q1 25 | $774.1M | — | ||
| Q4 24 | $763.9M | — | ||
| Q3 24 | $769.2M | — | ||
| Q2 24 | $786.7M | $5.5B | ||
| Q1 24 | $795.8M | $4.4B |
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $6.1B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $8.1B |
| Q4 25 | $964.7M | $14.9B | ||
| Q3 25 | $998.9M | $15.2B | ||
| Q2 25 | $1.0B | $15.6B | ||
| Q1 25 | $1.1B | $15.5B | ||
| Q4 24 | $1.1B | $15.4B | ||
| Q3 24 | $1.1B | $14.3B | ||
| Q2 24 | $1.2B | $15.4B | ||
| Q1 24 | $1.2B | $15.7B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $29.4M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $-1.1B |
| 自由现金流率自由现金流/营收 | 2.6% | -89.0% |
| 资本支出强度资本支出/营收 | 0.8% | 36.0% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | $-2.5B |
8季度趋势，按日历期对齐
| Q4 25 | $29.4M | $-681.0M | ||
| Q3 25 | $24.4M | $26.0M | ||
| Q2 25 | $22.6M | $64.0M | ||
| Q1 25 | $15.0M | $-188.0M | ||
| Q4 24 | $11.1M | $1.2B | ||
| Q3 24 | $41.9M | $-876.0M | ||
| Q2 24 | $28.9M | $-754.0M | ||
| Q1 24 | $5.8M | $-1.3B |
| Q4 25 | $22.4M | $-1.1B | ||
| Q3 25 | $17.7M | $-421.0M | ||
| Q2 25 | $10.8M | $-398.0M | ||
| Q1 25 | $4.9M | $-526.0M | ||
| Q4 24 | $3.9M | $856.0M | ||
| Q3 24 | $34.2M | $-1.2B | ||
| Q2 24 | $23.6M | $-1.0B | ||
| Q1 24 | $-289.0K | $-1.5B |
| Q4 25 | 2.6% | -89.0% | ||
| Q3 25 | 1.8% | -27.0% | ||
| Q2 25 | 1.1% | -30.5% | ||
| Q1 25 | 0.6% | -42.4% | ||
| Q4 24 | 0.4% | 49.4% | ||
| Q3 24 | 3.2% | -131.9% | ||
| Q2 24 | 2.1% | -89.6% | ||
| Q1 24 | -0.0% | -126.5% |
| Q4 25 | 0.8% | 36.0% | ||
| Q3 25 | 0.7% | 28.7% | ||
| Q2 25 | 1.2% | 35.5% | ||
| Q1 25 | 1.2% | 27.3% | ||
| Q4 24 | 0.8% | 18.9% | ||
| Q3 24 | 0.7% | 31.7% | ||
| Q2 24 | 0.5% | 24.4% | ||
| Q1 24 | 0.6% | 21.1% |
| Q4 25 | 2.89× | — | ||
| Q3 25 | 1.79× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 3.92× | — | ||
| Q2 24 | 2.33× | — | ||
| Q1 24 | — | — |
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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
