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伊萨（ESAB）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是伊萨的1.9倍（$1.4B vs $727.8M），伊萨净利率更高（7.5% vs 5.8%，领先1.8%），ROKU, INC同比增速更快（16.1% vs 8.5%），ROKU, INC自由现金流更多（$106.6M vs $70.3M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 2.8%）
ESAB（全称Elektriska Svetsnings-Aktiebolaget）是一家美国与瑞典合资的跨国工业企业，主营焊接、切割设备及配套耗材的研发、生产与销售，为全球制造业、基建等多领域客户提供专业可靠的工业解决方案，在全球工业市场拥有较高知名度。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
ESAB vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.9倍
$727.8M
营收增速更快
ROKU
高出7.6%
8.5%
净利率更高
ESAB
高出1.8%
5.8%
自由现金流更多
ROKU
多$36.3M
$70.3M
两年增速更快
ROKU
近两年复合增速
2.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $727.8M | $1.4B |
| 净利润 | $54.8M | $80.5M |
| 毛利率 | 37.0% | 43.5% |
| 营业利润率 | 14.6% | 4.7% |
| 净利率 | 7.5% | 5.8% |
| 营收同比 | 8.5% | 16.1% |
| 净利润同比 | 2.1% | 326.4% |
| 每股收益（稀释后） | $0.90 | $0.55 |
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ESABROKU
| Q4 25 | $727.8M | $1.4B | ||
| Q3 25 | $715.6M | $1.2B | ||
| Q2 25 | $678.1M | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $670.8M | $1.2B | ||
| Q3 24 | $673.3M | $1.1B | ||
| Q2 24 | $707.1M | $968.2M | ||
| Q1 24 | $689.7M | $881.5M |
净利润ESABROKU
| Q4 25 | $54.8M | $80.5M | ||
| Q3 25 | $66.9M | $24.8M | ||
| Q2 25 | $67.4M | $10.5M | ||
| Q1 25 | — | $-27.4M | ||
| Q4 24 | $53.7M | $-35.5M | ||
| Q3 24 | $68.2M | $-9.0M | ||
| Q2 24 | $82.9M | $-34.0M | ||
| Q1 24 | $60.0M | $-50.9M |
毛利率ESABROKU
| Q4 25 | 37.0% | 43.5% | ||
| Q3 25 | 37.2% | 43.4% | ||
| Q2 25 | 37.6% | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | 38.5% | 42.7% | ||
| Q3 24 | 37.7% | 45.2% | ||
| Q2 24 | 38.2% | 43.9% | ||
| Q1 24 | 37.0% | 44.1% |
营业利润率ESABROKU
| Q4 25 | 14.6% | 4.7% | ||
| Q3 25 | 15.2% | 0.8% | ||
| Q2 25 | 16.2% | -2.1% | ||
| Q1 25 | — | -5.7% | ||
| Q4 24 | 16.6% | -3.3% | ||
| Q3 24 | 15.7% | -3.4% | ||
| Q2 24 | 16.9% | -7.4% | ||
| Q1 24 | 16.0% | -8.2% |
净利率ESABROKU
| Q4 25 | 7.5% | 5.8% | ||
| Q3 25 | 9.3% | 2.0% | ||
| Q2 25 | 9.9% | 0.9% | ||
| Q1 25 | — | -2.7% | ||
| Q4 24 | 8.0% | -3.0% | ||
| Q3 24 | 10.1% | -0.9% | ||
| Q2 24 | 11.7% | -3.5% | ||
| Q1 24 | 8.7% | -5.8% |
每股收益（稀释后）ESABROKU
| Q4 25 | $0.90 | $0.55 | ||
| Q3 25 | $1.09 | $0.16 | ||
| Q2 25 | $1.10 | $0.07 | ||
| Q1 25 | — | $-0.19 | ||
| Q4 24 | $0.87 | $-0.24 | ||
| Q3 24 | $1.11 | $-0.06 | ||
| Q2 24 | $1.35 | $-0.24 | ||
| Q1 24 | $0.98 | $-0.35 |
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 | $218.2M | $2.3B |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $2.1B | $2.7B |
| 总资产 | $4.9B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.63× | — |
8季度趋势，按日历期对齐
现金及短期投资ESABROKU
| Q4 25 | $218.2M | $2.3B | ||
| Q3 25 | $258.2M | $2.3B | ||
| Q2 25 | $291.3M | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $249.4M | $2.2B | ||
| Q3 24 | $253.7M | $2.1B | ||
| Q2 24 | $228.5M | $2.1B | ||
| Q1 24 | $76.5M | $2.1B |
总债务ESABROKU
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $992.8M | — |
股东权益ESABROKU
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | $2.1B | $2.6B | ||
| Q2 25 | $1.9B | $2.6B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $1.8B | $2.5B | ||
| Q3 24 | $1.8B | $2.5B | ||
| Q2 24 | $1.7B | $2.4B | ||
| Q1 24 | $1.6B | $2.4B |
总资产ESABROKU
| Q4 25 | $4.9B | $4.4B | ||
| Q3 25 | $4.4B | $4.4B | ||
| Q2 25 | $4.2B | $4.3B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | $4.0B | $4.3B | ||
| Q3 24 | $4.1B | $4.3B | ||
| Q2 24 | $4.0B | $4.1B | ||
| Q1 24 | $3.8B | $4.2B |
负债/权益比ESABROKU
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 0.61× | — |
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 | $81.5M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $70.3M | $106.6M |
| 自由现金流率自由现金流/营收 | 9.7% | 7.6% |
| 资本支出强度资本支出/营收 | 1.5% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.49× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $238.0M | $478.4M |
8季度趋势，按日历期对齐
经营现金流ESABROKU
| Q4 25 | $81.5M | $107.7M | ||
| Q3 25 | $46.6M | $127.6M | ||
| Q2 25 | $35.4M | $109.7M | ||
| Q1 25 | — | $138.7M | ||
| Q4 24 | $126.9M | $79.3M | ||
| Q3 24 | $101.0M | $68.7M | ||
| Q2 24 | $83.0M | $23.4M | ||
| Q1 24 | $44.5M | $46.7M |
自由现金流ESABROKU
| Q4 25 | $70.3M | $106.6M | ||
| Q3 25 | $37.4M | $126.5M | ||
| Q2 25 | $28.1M | $108.6M | ||
| Q1 25 | — | $136.8M | ||
| Q4 24 | $102.2M | $76.8M | ||
| Q3 24 | $90.4M | $67.6M | ||
| Q2 24 | $74.0M | $22.5M | ||
| Q1 24 | $37.1M | $46.0M |
自由现金流率ESABROKU
| Q4 25 | 9.7% | 7.6% | ||
| Q3 25 | 5.2% | 10.4% | ||
| Q2 25 | 4.1% | 9.8% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | 15.2% | 6.4% | ||
| Q3 24 | 13.4% | 6.4% | ||
| Q2 24 | 10.5% | 2.3% | ||
| Q1 24 | 5.4% | 5.2% |
资本支出强度ESABROKU
| Q4 25 | 1.5% | 0.1% | ||
| Q3 25 | 1.3% | 0.1% | ||
| Q2 25 | 1.1% | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 3.7% | 0.2% | ||
| Q3 24 | 1.6% | 0.1% | ||
| Q2 24 | 1.3% | 0.1% | ||
| Q1 24 | 1.1% | 0.1% |
现金转化率ESABROKU
| Q4 25 | 1.49× | 1.34× | ||
| Q3 25 | 0.70× | 5.14× | ||
| Q2 25 | 0.53× | 10.45× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.36× | — | ||
| Q3 24 | 1.48× | — | ||
| Q2 24 | 1.00× | — | ||
| Q1 24 | 0.74× | — |
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
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
