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Generac（GNRC）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Generac的季度营收约是Ubiquiti Inc.的1.3倍（$1.1B vs $814.9M），Ubiquiti Inc.净利率更高（28.7% vs -2.2%，领先30.9%），Ubiquiti Inc.同比增速更快（35.8% vs -11.6%），Ubiquiti Inc.自由现金流更多（$260.3M vs $129.9M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs 10.8%）
Generac Holdings Inc.（简称Generac）是美国财富1000强企业，主营面向住宅、小型商业及工业领域的备用发电产品，功率覆盖800瓦至9兆瓦，通过独立经销商、零售商及批发商渠道发售，总部位于威斯康星州沃基肖，在该州多地设有生产基地。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
GNRC vs UI — 直观对比
营收规模更大
GNRC
是对方的1.3倍
$814.9M
营收增速更快
UI
高出47.4%
-11.6%
净利率更高
UI
高出30.9%
-2.2%
自由现金流更多
UI
多$130.3M
$129.9M
两年增速更快
UI
近两年复合增速
10.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $814.9M |
| 净利润 | $-24.5M | $233.6M |
| 毛利率 | 36.3% | 45.9% |
| 营业利润率 | -0.9% | 35.9% |
| 净利率 | -2.2% | 28.7% |
| 营收同比 | -11.6% | 35.8% |
| 净利润同比 | -120.9% | 70.8% |
| 每股收益（稀释后） | $-0.41 | $3.86 |
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GNRCUI
| Q4 25 | $1.1B | $814.9M | ||
| Q3 25 | $1.1B | $733.8M | ||
| Q2 25 | $1.1B | $759.2M | ||
| Q1 25 | $942.1M | $664.2M | ||
| Q4 24 | $1.2B | $599.9M | ||
| Q3 24 | $1.2B | $550.3M | ||
| Q2 24 | $998.2M | $507.5M | ||
| Q1 24 | $889.3M | $493.0M |
净利润GNRCUI
| Q4 25 | $-24.5M | $233.6M | ||
| Q3 25 | $66.2M | $207.9M | ||
| Q2 25 | $74.0M | $266.7M | ||
| Q1 25 | $43.8M | $180.4M | ||
| Q4 24 | $117.2M | $136.8M | ||
| Q3 24 | $113.7M | $128.0M | ||
| Q2 24 | $59.1M | $103.8M | ||
| Q1 24 | $26.2M | $76.3M |
毛利率GNRCUI
| Q4 25 | 36.3% | 45.9% | ||
| Q3 25 | 38.3% | 46.0% | ||
| Q2 25 | 39.3% | 45.1% | ||
| Q1 25 | 39.5% | 44.5% | ||
| Q4 24 | 40.6% | 41.2% | ||
| Q3 24 | 40.2% | 42.1% | ||
| Q2 24 | 37.6% | 40.2% | ||
| Q1 24 | 35.6% | 35.3% |
营业利润率GNRCUI
| Q4 25 | -0.9% | 35.9% | ||
| Q3 25 | 9.3% | 35.7% | ||
| Q2 25 | 10.5% | 34.4% | ||
| Q1 25 | 8.9% | 34.2% | ||
| Q4 24 | 16.0% | 29.8% | ||
| Q3 24 | 14.4% | 30.7% | ||
| Q2 24 | 10.3% | 27.3% | ||
| Q1 24 | 7.5% | 22.6% |
净利率GNRCUI
| Q4 25 | -2.2% | 28.7% | ||
| Q3 25 | 5.9% | 28.3% | ||
| Q2 25 | 7.0% | 35.1% | ||
| Q1 25 | 4.7% | 27.2% | ||
| Q4 24 | 9.5% | 22.8% | ||
| Q3 24 | 9.7% | 23.3% | ||
| Q2 24 | 5.9% | 20.5% | ||
| Q1 24 | 2.9% | 15.5% |
每股收益（稀释后）GNRCUI
| Q4 25 | $-0.41 | $3.86 | ||
| Q3 25 | $1.12 | $3.43 | ||
| Q2 25 | $1.25 | $4.40 | ||
| Q1 25 | $0.73 | $2.98 | ||
| Q4 24 | $2.14 | $2.26 | ||
| Q3 24 | $1.89 | $2.12 | ||
| Q2 24 | $0.97 | $1.72 | ||
| Q1 24 | $0.39 | $1.26 |
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 | $341.4M | $302.8M |
| 总债务越低越好 | $1.3B | $47.5M |
| 股东权益账面价值 | $2.6B | $1.0B |
| 总资产 | $5.6B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.48× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资GNRCUI
| Q4 25 | $341.4M | $302.8M | ||
| Q3 25 | $300.0M | $177.2M | ||
| Q2 25 | $223.5M | $149.7M | ||
| Q1 25 | $187.5M | $151.0M | ||
| Q4 24 | $281.3M | $133.1M | ||
| Q3 24 | $214.2M | $165.2M | ||
| Q2 24 | $218.3M | $126.3M | ||
| Q1 24 | $249.4M | $102.5M |
总债务GNRCUI
| Q4 25 | $1.3B | $47.5M | ||
| Q3 25 | $1.4B | $133.8M | ||
| Q2 25 | $1.3B | $250.0M | ||
| Q1 25 | $1.2B | $340.0M | ||
| Q4 24 | $1.2B | $406.3M | ||
| Q3 24 | $1.4B | $552.5M | ||
| Q2 24 | $1.4B | $708.1M | ||
| Q1 24 | $1.4B | $877.5M |
股东权益GNRCUI
| Q4 25 | $2.6B | $1.0B | ||
| Q3 25 | $2.6B | $828.4M | ||
| Q2 25 | $2.6B | $668.3M | ||
| Q1 25 | $2.5B | $436.1M | ||
| Q4 24 | $2.5B | $290.4M | ||
| Q3 24 | $2.4B | $188.1M | ||
| Q2 24 | $2.4B | $95.1M | ||
| Q1 24 | $2.4B | $25.9M |
总资产GNRCUI
| Q4 25 | $5.6B | $1.6B | ||
| Q3 25 | $5.6B | $1.5B | ||
| Q2 25 | $5.4B | $1.5B | ||
| Q1 25 | $5.1B | $1.3B | ||
| Q4 24 | $5.1B | $1.2B | ||
| Q3 24 | $5.2B | $1.2B | ||
| Q2 24 | $5.1B | $1.2B | ||
| Q1 24 | $5.1B | $1.2B |
负债/权益比GNRCUI
| Q4 25 | 0.48× | 0.05× | ||
| Q3 25 | 0.51× | 0.16× | ||
| Q2 25 | 0.50× | 0.37× | ||
| Q1 25 | 0.48× | 0.78× | ||
| Q4 24 | 0.49× | 1.40× | ||
| Q3 24 | 0.56× | 2.94× | ||
| Q2 24 | 0.61× | 7.45× | ||
| Q1 24 | 0.61× | 33.92× |
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 | $189.3M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $129.9M | $260.3M |
| 自由现金流率自由现金流/营收 | 11.9% | 31.9% |
| 资本支出强度资本支出/营收 | 5.4% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $268.1M | $699.5M |
8季度趋势，按日历期对齐
经营现金流GNRCUI
| Q4 25 | $189.3M | $263.9M | ||
| Q3 25 | $118.4M | $198.5M | ||
| Q2 25 | $72.2M | $130.4M | ||
| Q1 25 | $58.2M | $123.6M | ||
| Q4 24 | $339.5M | $152.4M | ||
| Q3 24 | $212.3M | $233.7M | ||
| Q2 24 | $77.7M | $231.4M | ||
| Q1 24 | $111.9M | $163.9M |
自由现金流GNRCUI
| Q4 25 | $129.9M | $260.3M | ||
| Q3 25 | $96.5M | $193.3M | ||
| Q2 25 | $14.5M | $125.2M | ||
| Q1 25 | $27.2M | $120.7M | ||
| Q4 24 | $286.1M | $150.4M | ||
| Q3 24 | $183.7M | $231.1M | ||
| Q2 24 | $49.7M | $229.5M | ||
| Q1 24 | $85.1M | $160.6M |
自由现金流率GNRCUI
| Q4 25 | 11.9% | 31.9% | ||
| Q3 25 | 8.7% | 26.3% | ||
| Q2 25 | 1.4% | 16.5% | ||
| Q1 25 | 2.9% | 18.2% | ||
| Q4 24 | 23.2% | 25.1% | ||
| Q3 24 | 15.6% | 42.0% | ||
| Q2 24 | 5.0% | 45.2% | ||
| Q1 24 | 9.6% | 32.6% |
资本支出强度GNRCUI
| Q4 25 | 5.4% | 0.4% | ||
| Q3 25 | 2.0% | 0.7% | ||
| Q2 25 | 5.4% | 0.7% | ||
| Q1 25 | 3.3% | 0.4% | ||
| Q4 24 | 4.3% | 0.3% | ||
| Q3 24 | 2.4% | 0.5% | ||
| Q2 24 | 2.8% | 0.4% | ||
| Q1 24 | 3.0% | 0.7% |
现金转化率GNRCUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | 1.79× | 0.95× | ||
| Q2 25 | 0.98× | 0.49× | ||
| Q1 25 | 1.33× | 0.68× | ||
| Q4 24 | 2.90× | 1.11× | ||
| Q3 24 | 1.87× | 1.83× | ||
| Q2 24 | 1.31× | 2.23× | ||
| Q1 24 | 4.27× | 2.15× |
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
GNRC
| Residential Power Products | $550.1M | 50% |
| Commercial And Industrial Power Products | $228.4M | 21% |
| Other | $202.3M | 19% |
| Other Products And Services | $106.0M | 10% |
| Intersegment Sales | $4.8M | 0% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
