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AMERICOLD REALTY TRUST（COLD）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AMERICOLD REALTY TRUST的2.0倍（$1.3B vs $643.1M），AMERICOLD REALTY TRUST净利率更高（-13.7% vs -63.1%，领先49.3%），AMERICOLD REALTY TRUST同比增速更快（-0.7% vs -25.8%），AMERICOLD REALTY TRUST自由现金流更多（$-12.2M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -0.6%）
Americold Realty Trust是总部位于美国佐治亚州亚特兰大的温控仓储及运输企业，主营现代化商用温控仓储业务，通过冷链体系存储易腐货物，是食品保鲜供应链的重要参与方，为全球第二大温控仓储及配送服务提供商。
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。
COLD vs RIVN — 直观对比
营收规模更大
RIVN
是对方的2.0倍
$643.1M
营收增速更快
COLD
高出25.2%
-25.8%
净利率更高
COLD
高出49.3%
-63.1%
自由现金流更多
COLD
多$1.1B
$-1.1B
两年增速更快
RIVN
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $643.1M | $1.3B |
| 净利润 | $-88.3M | $-811.0M |
| 毛利率 | 31.3% | 9.3% |
| 营业利润率 | -10.8% | -64.8% |
| 净利率 | -13.7% | -63.1% |
| 营收同比 | -0.7% | -25.8% |
| 净利润同比 | -143.9% | -9.0% |
| 每股收益（稀释后） | $-0.31 | $-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
营收COLDRIVN
| Q4 25 | $643.1M | $1.3B | ||
| Q3 25 | $649.0M | $1.6B | ||
| Q2 25 | $635.1M | $1.3B | ||
| Q1 25 | $613.7M | $1.2B | ||
| Q4 24 | $647.4M | $1.7B | ||
| Q3 24 | $660.4M | $874.0M | ||
| Q2 24 | $645.6M | $1.2B | ||
| Q1 24 | $651.4M | $1.2B |
净利润COLDRIVN
| Q4 25 | $-88.3M | $-811.0M | ||
| Q3 25 | $-11.4M | $-1.2B | ||
| Q2 25 | $1.5M | $-1.1B | ||
| Q1 25 | $-16.4M | $-545.0M | ||
| Q4 24 | $-36.2M | $-744.0M | ||
| Q3 24 | $-3.7M | $-1.1B | ||
| Q2 24 | $-64.1M | $-1.5B | ||
| Q1 24 | $9.7M | $-1.4B |
毛利率COLDRIVN
| Q4 25 | 31.3% | 9.3% | ||
| Q3 25 | 29.3% | 1.5% | ||
| Q2 25 | 30.9% | -15.8% | ||
| Q1 25 | 31.1% | 16.6% | ||
| Q4 24 | 29.7% | 9.8% | ||
| Q3 24 | 29.6% | -44.9% | ||
| Q2 24 | 31.0% | -38.9% | ||
| Q1 24 | 30.3% | -43.8% |
营业利润率COLDRIVN
| Q4 25 | -10.8% | -64.8% | ||
| Q3 25 | 2.6% | -63.1% | ||
| Q2 25 | 5.9% | -85.5% | ||
| Q1 25 | 3.6% | -52.8% | ||
| Q4 24 | -1.8% | -38.1% | ||
| Q3 24 | 4.6% | -133.8% | ||
| Q2 24 | 9.8% | -118.7% | ||
| Q1 24 | 6.4% | -123.3% |
净利率COLDRIVN
| Q4 25 | -13.7% | -63.1% | ||
| Q3 25 | -1.8% | -75.3% | ||
| Q2 25 | 0.2% | -85.7% | ||
| Q1 25 | -2.7% | -44.0% | ||
| Q4 24 | -5.6% | -42.9% | ||
| Q3 24 | -0.6% | -125.9% | ||
| Q2 24 | -9.9% | -125.8% | ||
| Q1 24 | 1.5% | -120.1% |
每股收益（稀释后）COLDRIVN
| Q4 25 | $-0.31 | $-0.66 | ||
| Q3 25 | $-0.04 | $-0.96 | ||
| Q2 25 | $0.01 | $-0.97 | ||
| Q1 25 | $-0.06 | $-0.48 | ||
| Q4 24 | $-0.12 | $-0.67 | ||
| Q3 24 | $-0.01 | $-1.08 | ||
| Q2 24 | $-0.23 | $-1.46 | ||
| Q1 24 | $0.03 | $-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 | $136.9M | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.9B | $4.6B |
| 总资产 | $8.1B | $14.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资COLDRIVN
| Q4 25 | $136.9M | $6.1B | ||
| Q3 25 | $33.3M | $7.1B | ||
| Q2 25 | $101.4M | $7.5B | ||
| Q1 25 | $38.9M | $7.2B | ||
| Q4 24 | $47.7M | $7.7B | ||
| Q3 24 | $61.3M | $6.7B | ||
| Q2 24 | $44.2M | $7.9B | ||
| Q1 24 | $59.2M | $7.9B |
总债务COLDRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益COLDRIVN
| Q4 25 | $2.9B | $4.6B | ||
| Q3 25 | $3.0B | $5.1B | ||
| Q2 25 | $3.1B | $6.1B | ||
| Q1 25 | $3.2B | $6.2B | ||
| Q4 24 | $3.3B | $6.6B | ||
| Q3 24 | $3.4B | $5.9B | ||
| Q2 24 | $3.4B | $6.8B | ||
| Q1 24 | $3.6B | $8.1B |
总资产COLDRIVN
| Q4 25 | $8.1B | $14.9B | ||
| Q3 25 | $8.1B | $15.2B | ||
| Q2 25 | $8.1B | $15.6B | ||
| Q1 25 | $7.8B | $15.5B | ||
| Q4 24 | $7.7B | $15.4B | ||
| Q3 24 | $7.9B | $14.3B | ||
| Q2 24 | $7.8B | $15.4B | ||
| Q1 24 | $7.8B | $15.7B |
负债/权益比COLDRIVN
| 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 | $130.2M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $-12.2M | $-1.1B |
| 自由现金流率自由现金流/营收 | -1.9% | -89.0% |
| 资本支出强度资本支出/营收 | 22.1% | 36.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-217.2M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流COLDRIVN
| Q4 25 | $130.2M | $-681.0M | ||
| Q3 25 | $78.9M | $26.0M | ||
| Q2 25 | $120.3M | $64.0M | ||
| Q1 25 | $30.2M | $-188.0M | ||
| Q4 24 | $162.6M | $1.2B | ||
| Q3 24 | $50.6M | $-876.0M | ||
| Q2 24 | $136.7M | $-754.0M | ||
| Q1 24 | $62.0M | $-1.3B |
自由现金流COLDRIVN
| Q4 25 | $-12.2M | $-1.1B | ||
| Q3 25 | $-65.4M | $-421.0M | ||
| Q2 25 | $-57.4M | $-398.0M | ||
| Q1 25 | $-82.3M | $-526.0M | ||
| Q4 24 | $57.4M | $856.0M | ||
| Q3 24 | $-44.5M | $-1.2B | ||
| Q2 24 | $73.3M | $-1.0B | ||
| Q1 24 | $16.2M | $-1.5B |
自由现金流率COLDRIVN
| Q4 25 | -1.9% | -89.0% | ||
| Q3 25 | -10.1% | -27.0% | ||
| Q2 25 | -9.0% | -30.5% | ||
| Q1 25 | -13.4% | -42.4% | ||
| Q4 24 | 8.9% | 49.4% | ||
| Q3 24 | -6.7% | -131.9% | ||
| Q2 24 | 11.4% | -89.6% | ||
| Q1 24 | 2.5% | -126.5% |
资本支出强度COLDRIVN
| Q4 25 | 22.1% | 36.0% | ||
| Q3 25 | 22.2% | 28.7% | ||
| Q2 25 | 28.0% | 35.5% | ||
| Q1 25 | 18.3% | 27.3% | ||
| Q4 24 | 16.3% | 18.9% | ||
| Q3 24 | 14.4% | 31.7% | ||
| Q2 24 | 9.8% | 24.4% | ||
| Q1 24 | 7.0% | 21.1% |
现金转化率COLDRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 78.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 6.36× | — |
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
COLD
| Warehouse Services | $269.0M | 42% |
| Warehouse Rent And Storage | $199.9M | 31% |
| Other Facilities Costs | $60.0M | 9% |
| Transportation Segment | $48.3M | 8% |
| Power | $34.7M | 5% |
| Transportation | $22.0M | 3% |
| Third Party Managed Segment | $9.5M | 1% |
| Third Party Managed | $2.4M | 0% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
